[
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2011/page_80.pdf\n\nID: UNP/2011/page_80.pdf-1\n\nPrevious Text:\nthe redemptions resulted in an early extinguishment charge of $ 5 million .\non march 22 , 2010 , we redeemed $ 175 million of our 6.5% ( 6.5 % ) notes due april 15 , 2012 .\nthe redemption resulted in an early extinguishment charge of $ 16 million in the first quarter of 2010 .\non november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 .\nthe redemption resulted in a $ 5 million early extinguishment charge .\nreceivables securitization facility 2013 as of december 31 , 2011 and 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility .\n( see further discussion of our receivables securitization facility in note 10 ) .\n15 .\nvariable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) .\nthese 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 .\nwithin these lease arrangements , we have the right to purchase some or all of the assets at fixed prices .\ndepending 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 .\nwe maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry .\nas such , we have no control over activities that could materially impact the fair value of the leased assets .\nwe 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 .\nadditionally , 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 .\nthe future minimum lease payments associated with the vie leases totaled $ 3.9 billion as of december 31 , 2011 .\n16 .\nleases we lease certain locomotives , freight cars , and other property .\nthe 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 .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe majority of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 637 million in 2011 , $ 624 million in 2010 , and $ 686 million in 2009 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant. .\n\nQuestion: did the annual interest savings on the redemption of the 6.5% ( 6.5 % ) notes exceed the cost of the early extinguishment?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_316.pdf\n\nID: ETR/2011/page_316.pdf-4\n\nPrevious Text:\nentergy 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 .\nresults 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 .\nthe 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 .\nsee note 3 to the financial statements for additional discussion of the settlement and benefit sharing .\n2010 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 .\nnet 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 ) .\nfollowing is an analysis of the change in net revenue comparing 2011 to 2010 .\namount ( in millions ) .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nthe 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 .\nsee notes 3 and 8 to the financial statements for additional discussion of the settlement and benefit sharing .\nthe retail electric price variance is primarily due to a formula rate plan increase effective may 2011 .\nsee note 2 to the financial statements for discussion of the formula rate plan increase. .\n\nQuestion: what is the growth rate in net revenue from 2010 to 2011?",
        "solution": "-15.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2013/page_36.pdf\n\nID: IPG/2013/page_36.pdf-4\n\nPrevious Text:\nmanagement 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 .\ncapital expenditures of $ 169.2 primarily related to computer hardware and software , and leasehold improvements .\ncapital expenditures increased in 2012 compared to the prior year , primarily due to an increase in leasehold improvements made during the year .\npayments for acquisitions of $ 145.5 primarily related to payments for new acquisitions .\nfinancing 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 .\nwe redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes .\nin 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 .\nnet cash provided by financing activities during 2012 primarily reflected net proceeds from our debt transactions .\nwe 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 ) .\nthe 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 .\noffsetting 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 .\nforeign 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 .\nthe decrease was primarily a result of the u.s .\ndollar 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 .\nthe 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 .\nthe decrease was a result of the u.s .\ndollar being stronger than several foreign currencies , including the brazilian real and south african rand , offset by the u.s .\ndollar 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. .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nliquidity 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 .\nwe also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs .\nwe 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. .\n\nQuestion: what is the growth rate in the balance of cash , cash equivalents and marketable securities from 2012 to 2013?",
        "solution": "-36.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TROW/2011/page_13.pdf\n\nID: TROW/2011/page_13.pdf-2\n\nPrevious Text:\n2322 t .\nr 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 .\nother 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 .\nbecause these obligations are generally of a normal recurring nature , we expect that we will fund them from future cash flows from operations .\nthe 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 .\nthe 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. .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nwe 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 .\nc 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 .\nfurther , 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 .\nmaking 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 .\naccordingly , 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 .\nwe 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 .\nin 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 .\nother than temporary impairments of available-for-sale securities .\nwe 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 .\nat 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 .\nwe next review each individual security position that has an unrealized loss or impairment to determine if that impairment is other than temporary .\nin 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 .\nsubject 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 .\nwe 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 .\nan 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 .\nminor impairments of 5% ( 5 % ) or less are generally considered temporary .\nother than temporary impairments of equity method investments .\nwe 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 .\ngoodwill .\nwe internally conduct , manage and report our operations as one investment advisory business .\nwe do not have distinct operating segments or components that separately constitute a business .\naccordingly , we attribute goodwill to a single reportable business segment and reporting unit 2014our investment advisory business .\nwe 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 .\ngoodwill would be considered impaired whenever our historical carrying amount exceeds the fair value of our investment advisory business .\nour 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 .\nshould 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 .\nwe 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 .\nthe maximum future impairment of goodwill that we could incur is the amount recognized in our balance sheet , $ 665.7 a0million .\nstock options .\nwe recognize stock option-based compensation expense in our consolidated statement of income using a fair value based method .\nfair 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 .\nthe 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 .\nour 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 .\nunlike 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 .\nprovision for income taxes .\nafter compensation and related costs , our provision for income taxes on our earnings is our largest annual expense .\nwe 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 .\naccordingly , 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 .\nannually , we file tax returns that represent our filing positions with each jurisdiction and settle our return liabilities .\neach jurisdiction has the right to audit those returns and may take different positions with respect to income and expense allocations and taxable earnings determinations .\nfrom 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 .\nbecause 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 .\nas 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 .\nwe recognize any such prior period adjustment in the discrete quarterly period in which it is determined .\nn 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 .\nwe do not believe the adoption of such amended guidance on january 1 , 2012 , will have a significant effect on our consolidated financial statements .\nwe 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 .\nwe do not believe that any such guidance will have a material effect on our financial position or results of operation. .\n\nQuestion: what percentage of total other purchase commitments is made up of other purchase commitments?",
        "solution": "46%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ANSS/2014/page_49.pdf\n\nID: ANSS/2014/page_49.pdf-2\n\nPrevious Text:\nother expense , net : the company's other expense consists of the following: .\n\nTable Data:\n[['( 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 )']]\n\nFollowing Text:\nincome 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 % ) .\nduring 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 % ) .\nin 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 .\nan $ 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 .\nin 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 .\nin january 2013 , the u.s .\ncongress passed legislation that reinstated the research and development credit retroactive to 2012 .\nthe 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 .\nthe 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 .\nresearch and development credit mentioned above , and cash repatriation activities .\nwhen 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 .\nnet 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 .\ndiluted earnings per share was $ 2.58 for the year ended december 31 , 2013 and $ 2.14 for the year ended december 31 , 2012 .\nthe 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 .\ntable of contents .\n\nQuestion: what was the percentage change in the company 2019s net income from 2012 to 2013 .",
        "solution": "20.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_216.pdf\n\nID: ETR/2004/page_216.pdf-1\n\nPrevious Text:\nentergy louisiana , inc .\nmanagement's financial discussion and analysis setting any of entergy louisiana's rates .\ntherefore , 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 .\nthe sec approval for additional return of equity capital is now expired .\nentergy louisiana's receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: .\n\nTable Data:\n[['2004', '2003', '2002', '2001'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 40549', '( $ 41317 )', '$ 18854', '$ 3812']]\n\nFollowing Text:\nmoney 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 .\nsee note 4 to the domestic utility companies and system energy financial statements for a description of the money pool .\ninvesting 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 .\nthe 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 .\nfinancing 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 .\nthe 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 .\nthe 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 .\nsee note 5 to the domestic utility companies and system energy financial statements for details of long-term debt .\nuses 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. .\n\nQuestion: 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?",
        "solution": "24.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UAA/2018/page_40.pdf\n\nID: UAA/2018/page_40.pdf-3\n\nPrevious Text:\nconsolidated 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 .\nnet revenues by product category are summarized below: .\n\nTable Data:\n[['( 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 % )']]\n\nFollowing Text:\nthe 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 .\nthe increase was partially offset by unit sales decline in accessories .\nlicense revenues increased $ 8.2 million , or 7.0% ( 7.0 % ) , to $ 124.8 million in 2018 from $ 116.6 million in 2017 .\nconnected 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 .\ngross profit increased $ 89.1 million to $ 2340.5 million in 2018 from $ 2251.4 million in 2017 .\ngross profit as a percentage of net revenues , or gross margin , was unchanged at 45.1% ( 45.1 % ) in 2018 compared to 2017 .\ngross 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 .\nwith 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 .\nselling , general and administrative expenses increased $ 82.8 million to $ 2182.3 million in 2018 from $ 2099.5 million in 2017 .\nas 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 .\nselling , 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 .\nthis decrease was primarily due to restructuring efforts , resulting in lower compensation and contractual sports marketing .\nthis decrease was partially offset by higher costs in connection with brand marketing campaigns and increased marketing investments with the growth of our international business .\nas a percentage of net revenues , marketing costs decreased to 10.5% ( 10.5 % ) in 2018 from 11.3% ( 11.3 % ) in 2017 .\n2022 other costs increased $ 104.1 million to $ 1638.5 million in 2018 from $ 1534.4 million in 2017 .\nthis 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 .\nas a percentage of net revenues , other costs increased to 31.6% ( 31.6 % ) in 2018 from 30.8% ( 30.8 % ) in 2017 .\nrestructuring and impairment charges increased $ 59.1 million to $ 183.1 million from $ 124.0 million in 2017 .\nrefer to the restructuring plans section above for a summary of charges .\nincome ( 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 .\nas 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 .\nincome 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 .\nincome 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 .\ninterest expense , net decreased $ 0.9 million to $ 33.6 million in 2018 from $ 34.5 million in 2017. .\n\nQuestion: what was connected fitness as a percentage of total net revenue in 2017?",
        "solution": "2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2012/page_51.pdf\n\nID: UPS/2012/page_51.pdf-4\n\nPrevious Text:\nunited parcel service , inc .\nand 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 ) : .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\n( 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 .\ncash from operating activities remained strong throughout the 2010 to 2012 time period .\noperating 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 .\nthe 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 .\nexcept 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 .\n2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .\n2022 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 .\n2022 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 .\n2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .\npostretirement medical benefit plans .\nas 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 .\nas of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .\napproximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .\n( see note 16 to the consolidated financial statements ) .\nexcluding this portion of cash held outside the u.s .\nfor acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .\nthe amount of cash held by our u.s .\nand 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 .\ncash 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 .\nto 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 .\nwhen amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .\n\nQuestion: what was the percentage change in net cash from operating activities from 2010 to 2011?",
        "solution": "84%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2018/page_38.pdf\n\nID: RE/2018/page_38.pdf-2\n\nPrevious Text:\nireland .\nholdings ireland , everest dublin holdings , ireland re and ireland insurance conduct business in ireland and are subject to taxation in ireland .\naavailable information .\nthe 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 ) .\nitem 1a .\nrisk 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 .\nif 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 .\nrisks relating to our business fluctuations in the financial markets could result in investment losses .\nprolonged 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 .\nalthough financial markets have significantly improved since 2008 , they could deteriorate in the future .\nthere could also be disruption in individual market sectors , such as occurred in the energy sector in recent years .\nsuch 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 .\nour results could be adversely affected by catastrophic events .\nwe are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .\nany 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 .\nby way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of reinsurance , were as follows: .\n\nTable Data:\n[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2018', '$ 1800.2'], ['2017', '1472.6'], ['2016', '301.2'], ['2015', '53.8'], ['2014', '56.3']]\n\nFollowing Text:\nour losses from future catastrophic events could exceed our projections .\nwe use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .\nwe 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 .\nthese 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. .\n\nQuestion: what is the total pre-tax catastrophe losses from 2014 to 2018 in miilions",
        "solution": "3684.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_358.pdf\n\nID: ETR/2011/page_358.pdf-1\n\nPrevious Text:\nentergy new orleans , inc .\nmanagement 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 .\nresults 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 .\n2010 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 .\nnet 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 ) .\nfollowing is an analysis of the change in net revenue comparing 2011 to 2010 .\namount ( in millions ) .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to formula rate plan decreases effective october 2010 and october 2011 .\nsee note 2 to the financial statements for a discussion of the formula rate plan filing .\nthe net gas revenue variance is primarily due to milder weather in 2011 compared to 2010 .\nthe 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 .\nsee note 2 to the financial statements for additional discussion of the formula rate plan settlement. .\n\nQuestion: what is the growth rate in net revenue from 2010 to 2011?",
        "solution": "-9.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2018/page_172.pdf\n\nID: AWK/2018/page_172.pdf-2\n\nPrevious Text:\ntotaled $ 12 million , $ 13 million and $ 9 million for 2018 , 2017 and 2016 , respectively .\nall of the company 2019s contributions are invested in one or more funds at the direction of the employees .\nnote 16 : commitments and contingencies commitments have been made in connection with certain construction programs .\nthe estimated capital expenditures required under legal and binding contractual obligations amounted to $ 419 million as of december 31 , 2018 .\nthe company 2019s regulated subsidiaries maintain agreements with other water purveyors for the purchase of water to supplement their water supply .\nthe following table provides the future annual commitments related to minimum quantities of purchased water having non-cancelable: .\n\nTable Data:\n[['', 'amount'], ['2019', '$ 65'], ['2020', '65'], ['2021', '65'], ['2022', '64'], ['2023', '57'], ['thereafter', '641']]\n\nFollowing Text:\nthe company enters into agreements for the provision of services to water and wastewater facilities for the united states military , municipalities and other customers .\nsee note 3 2014revenue recognition for additional information regarding the company 2019s performance obligations .\ncontingencies the company is routinely involved in legal actions incident to the normal conduct of its business .\nas 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 .\nfor certain matters , claims and actions , the company is unable to estimate possible losses .\nthe 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 .\nwest virginia elk river freedom industries chemical spill on june 8 , 2018 , the u.s .\ndistrict 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 .\nchemical spill in west virginia .\nthe effective date of the settlement is july 16 , 2018 .\nunder 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 .\nunder federal class action rules , claimants had the right , until december 8 , 2017 , to elect to opt out of the final settlement .\nless 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 .\nin 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. .\n\nQuestion: what was the change in the amount of future annual commitments related to minimum quantities of purchased water between \\\\n2019 and 2020?",
        "solution": "0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2010/page_33.pdf\n\nID: UPS/2010/page_33.pdf-3\n\nPrevious Text:\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .\nthe 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 .\nthe 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 .\ncomparison 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 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\n.\n\nQuestion: 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?",
        "solution": "-21.02"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ILMN/2006/page_92.pdf\n\nID: ILMN/2006/page_92.pdf-3\n\nPrevious Text:\nas 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 .\nthese leases contain renewal options ranging from one to five years .\nas of december 31 , 2006 , annual future minimum payments under these operating leases were as follows ( in thousands ) : .\n\nTable Data:\n[['2007', '5320'], ['2008', '5335'], ['2009', '5075'], ['2010', '4659'], ['2011', '4712'], ['2012 and thereafter', '12798'], ['total', '$ 37899']]\n\nFollowing Text:\nrent 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 .\n6 .\nstockholders 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 .\nthe restricted common shares vest in accordance with the provisions of the agreements , generally over five years .\nall unvested shares are subject to repurchase by the company at the original purchase price .\nas of december 31 , 2006 , 36000 shares of common stock were subject to repurchase .\nin 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 .\nthese shares vest monthly over a three-year period .\nstock 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 ) .\nupon adoption of the 2005 stock plan , issuance of options under the company 2019s existing 2000 stock plan ceased .\nthe 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 .\nin 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 .\nillumina , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: as of december 31 , 2006 , annual future minimum payments under these operating leases what was the percent of the amount in 2007",
        "solution": "14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2016/page_73.pdf\n\nID: JPM/2016/page_73.pdf-3\n\nPrevious Text:\njpmorgan 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 .\n( 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 .\nthe 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 .\nthe kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s .\nand is composed of leading national money center and regional banks and thrifts .\nthe s&p financial index is an index of financial companies , all of which are components of the s&p 500 .\nthe firm is a component of all three industry indices .\nthe 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 .\nthe comparison assumes that all dividends are reinvested .\ndecember 31 , ( in dollars ) 2011 2012 2013 2014 2015 2016 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\ndecember 31 , ( in dollars ) .\n\nQuestion: did jpmorgan chase outperform the kbw bank index 100.00?\\\\n",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2015/page_68.pdf\n\nID: AAPL/2015/page_68.pdf-3\n\nPrevious Text:\ntable 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 .\nwhen a component or product uses new technologies , initial capacity constraints may exist until the suppliers 2019 yields have matured or manufacturing capacity has increased .\nif 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 .\nthe 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 .\ncontinued 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 .\nthe 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 .\ntherefore , the company remains subject to significant risks of supply shortages and price increases that could materially adversely affect its financial condition and operating results .\nsubstantially all of the company 2019s hardware products are manufactured by outsourcing partners that are located primarily in asia .\na significant concentration of this manufacturing is currently performed by a small number of outsourcing partners , often in single locations .\ncertain of these outsourcing partners are the sole- sourced suppliers of components and manufacturers for many of the company 2019s products .\nalthough 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 .\nthe company 2019s purchase commitments typically cover its requirements for periods up to 150 days .\nother off-balance sheet commitments operating leases the company leases various equipment and facilities , including retail space , under noncancelable operating lease arrangements .\nthe company does not currently utilize any other off-balance sheet financing arrangements .\nthe major facility leases are typically for terms not exceeding 10 years and generally contain multi-year renewal options .\nas of september 26 , 2015 , the company had a total of 463 retail stores .\nleases 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 .\nas 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 .\nrent 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 .\nfuture 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 ) : .\n\nTable Data:\n[['2016', '$ 772'], ['2017', '774'], ['2018', '744'], ['2019', '715'], ['2020', '674'], ['thereafter', '2592'], ['total', '$ 6271']]\n\nFollowing Text:\nother 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 .\nthese outsourcing partners acquire components and build product based on demand information supplied by the company , which typically covers periods up to 150 days .\nthe company also obtains individual components for its products from a wide variety of individual suppliers .\nconsistent with industry practice , the company acquires components through a combination of purchase orders , supplier contracts and open orders based on projected demand information .\nwhere appropriate , the purchases are applied to inventory component prepayments that are outstanding with the respective supplier .\nas of september 26 , 2015 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 29.5 billion .\napple inc .\n| 2015 form 10-k | 65 .\n\nQuestion: 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?",
        "solution": "41.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2009/page_77.pdf\n\nID: ORLY/2009/page_77.pdf-2\n\nPrevious Text:\nthe 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 .\n\nTable Data:\n[['contract type', 'balance in accumulated other comprehensive loss 2009', 'balance in accumulated other comprehensive loss 2008'], ['interest rate swaps', '$ 13053', '$ 18874']]\n\nFollowing Text:\nnote 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 .\nthe 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 ) .\nthe 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 .\nactive 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 .\n2022 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 .\nlevel 2 includes those financial instruments that are valued using models or other valuation methodologies .\nthese 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 .\nsubstantially 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 .\n2022 level 3 2013 pricing inputs include significant inputs that are generally less observable from objective sources .\nthese 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 .\nthe 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 ) .\nchanges in fair market value are recorded in other comprehensive income ( loss ) , and changes resulting from ineffectiveness are recorded in current earnings .\nassets and liabilities measured at fair value are based on one or more of three valuation techniques .\nthe 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 ) .\n\nQuestion: 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?",
        "solution": "31927"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2018/page_179.pdf\n\nID: C/2018/page_179.pdf-2\n\nPrevious Text:\nincentive 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 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\n( 1 ) represents expense for immediately vested stock awards that generally were stock payments in lieu of cash compensation .\nthe expense is generally accrued as cash incentive compensation in the year prior to grant .\n( 2 ) all periods include amortization expense for all unvested awards to non-retirement-eligible employees. .\n\nQuestion: what percentage of total compensation expense in 2018 is composed of other variable incentive compensation?",
        "solution": "32%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2007/page_114.pdf\n\nID: AMT/2007/page_114.pdf-3\n\nPrevious Text:\namerican 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 ) .\ntv azteca retains title to these towers and is responsible for their operation and maintenance .\nthe 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 .\nthe 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 .\nshould 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 .\nthe company 2019s obligation to pay tv azteca $ 1.5 million annually would also be reduced proportionally .\nthe 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 ) .\nthe 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 .\non a quarterly basis , the company assesses the recoverability of its note receivable from tv azteca .\nas 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 .\na former executive officer and former director of the company served as a director of tv azteca from december 1999 to february 2006 .\nas 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 .\n8 .\nderivative 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 .\nunder these agreements , the company is exposed to credit risk to the extent that a counterparty fails to meet the terms of a contract .\nsuch exposure was limited to the current value of the contract at the time the counterparty fails to perform .\nthe company believes its contracts as of december 31 , 2007 and 2006 are with credit worthy institutions .\nas 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 .\n\nTable Data:\n[['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 )']]\n\nFollowing Text:\n.\n\nQuestion: the 3.95% ( 3.95 % ) notional swap was how much of the total notional swap principle?",
        "solution": "60%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WMT/2018/page_46.pdf\n\nID: WMT/2018/page_46.pdf-2\n\nPrevious Text:\ncontinued investments in ecommerce and technology .\nthe 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 .\nmembership 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 .\nwhile 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 .\nfiscal 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 .\nfor 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 .\nour effective income tax rate was 30.4% ( 30.4 % ) for fiscal 2018 and 30.3% ( 30.3 % ) for both fiscal 2017 and 2016 .\nalthough 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 .\noperations and international operations .\nthe reconciliation from the u.s .\nstatutory 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 .\nas 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 .\ndiluted net income per common share attributable to walmart ( \"eps\" ) was $ 3.28 and $ 4.38 for fiscal 2018 and 2017 , respectively .\nwalmart u.s .\nsegment .\n\nTable Data:\n[['( 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']]\n\nFollowing Text:\nnet sales for the walmart u.s .\nsegment 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 .\nthe 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 .\nadditionally , for fiscal 2018 , sales generated from ecommerce acquisitions further contributed to the year-over-year increase .\ngross profit rate decreased 24 basis points for fiscal 2018 and increased 24 basis points for fiscal 2017 , when compared to the previous fiscal year .\nfor fiscal 2018 , the decrease was primarily due to strategic price investments and the mix impact from ecommerce .\npartially offsetting the negative factors for fiscal 2018 was the positive impact of savings from procuring merchandise .\nfor 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 .\noperating 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 .\nfiscal 2018 and fiscal 2017 included charges related to discontinued real estate projects of $ 244 million and $ 249 million , respectively .\nfor 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 .\nthe 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 .\nas 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. .\n\nQuestion: what is the growth rate in net sales for walmart u.s . segment from 2017 to 2018?",
        "solution": "3.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2014/page_128.pdf\n\nID: RSG/2014/page_128.pdf-1\n\nPrevious Text:\nrepublic services , inc .\nnotes 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 .\nwhen 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 .\nthe yields on the bonds are used to derive a discount rate for the liability .\nthe term of our obligation , based on the expected retirement dates of our workforce , is approximately ten years .\nin 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 .\nwe 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 .\nthe intent of this strategy is to minimize plan expenses by outperforming plan liabilities over the long run .\nrisk tolerance is established through careful consideration of plan liabilities , plan funded status and our financial condition .\nthe investment portfolio contains a diversified blend of equity and fixed income investments .\nfurthermore , equity investments are diversified across u.s .\nand non-u.s .\nstocks as well as growth , value , and small and large capitalizations .\nderivatives 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 .\ninvestment risk is measured and monitored on an ongoing basis through annual liability measurements , periodic asset and liability studies , and quarterly investment portfolio reviews .\nthe 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 .\n\nTable Data:\n[['', 'targetassetallocation', '2014actualassetallocation', '2013actualassetallocation'], ['debt securities', '70% ( 70 % )', '70% ( 70 % )', '70% ( 70 % )'], ['equity securities', '30', '30', '30'], ['total', '100% ( 100 % )', '100% ( 100 % )', '100% ( 100 % )']]\n\nFollowing Text:\nfor 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 % ) .\nwhile 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 .\nassets are strategically allocated among debt and equity portfolios to achieve a diversification level that reduces fluctuations in investment returns .\nasset allocation target ranges and strategies are reviewed periodically with the assistance of an independent external consulting firm. .\n\nQuestion: based on the 2014 actualassetallocation what was the debt to equity ratio",
        "solution": "2.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2007/page_82.pdf\n\nID: ADI/2007/page_82.pdf-1\n\nPrevious Text:\nstock option gains previously deferred by those participants pursuant to the terms of the deferred compensation plan and earnings on those deferred amounts .\nas 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 .\n11 .\nlease commitments the company leases certain of its facilities , equipment and software under various operating leases that expire at various dates through 2022 .\nthe lease agreements frequently include renewal and escalation clauses and require the company to pay taxes , insurance and maintenance costs .\ntotal rental expense under operating leases was approximately $ 43 million in fiscal 2007 , $ 45 million in fiscal 2006 and $ 44 million in fiscal 2005 .\nthe following is a schedule of future minimum rental payments required under long-term operating leases at november 3 , 2007 : fiscal years operating leases .\n\nTable Data:\n[['fiscal years', 'operating leases'], ['2008', '$ 30774'], ['2009', '$ 25906'], ['2010', '$ 13267'], ['2011', '$ 5430'], ['2012', '$ 3842'], ['later years', '$ 12259'], ['total', '$ 91478']]\n\nFollowing Text:\n12 .\ncommitments 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 .\non november 15 , 2005 , the company announced that it had reached a tentative settlement with the sec .\nat all times since receiving notice of this inquiry , the company has cooperated with the sec .\nin november 2005 , the company and its president and ceo , mr .\njerald g .\nfishman , made an offer of settlement to the staff of the sec .\nthe settlement has been submitted to the commission for approval .\nthere can be no assurance a final settlement will be so approved .\nthe sec 2019s inquiry focused on two separate issues .\nthe first issue concerned the company 2019s disclosure regarding grants of options to employees and directors prior to the release of favorable financial results .\nspecifically , 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 .\nthe 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 .\nspecifically , 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 ) .\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the growth rate in rental expense under operating leases in 2007?",
        "solution": "-4.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LKQ/2007/page_82.pdf\n\nID: LKQ/2007/page_82.pdf-1\n\nPrevious Text:\nlkq corporation and subsidiaries notes to consolidated financial statements ( continued ) note 8 .\nrestructuring and integration costs ( continued ) levels and the closure of excess facilities .\nto the extent these restructuring activities are associated with keystone operations , they are being accounted for in accordance with eitf issue no .\n95-3 , 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 .\n146 , 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 .\nin accordance with eitf issue no .\n95-3 , we intend to finalize our restructuring plans no later than one year from the date of our acquisition of keystone .\nupon 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 .\naccrued acquisition expenses are included in other accrued expenses in the accompanying consolidated balance sheets .\nthe 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 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nrestructuring and integration costs associated with our existing operations are included in restructuring expenses on the accompanying consolidated statements of income .\nnote 9 .\nrelated 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 .\nthe total amounts received from this entity were approximately $ 54000 , $ 70000 and $ 49000 during the years ended december 31 , 2007 , 2006 and 2005 , respectively .\nwe also paid this entity approximately $ 0.4 million during 2007 for consulting fees incurred in connection with our new secured debt facility .\na 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 .\nwe reimburse this corporation for out-of-pocket and other related flight expenses , as well as for other direct expenses incurred .\nthe 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 .\nin 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 .\ntypical 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 .\nwe also maintain the right of first refusal concerning the sale of the leased property .\nlease 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. .\n\nQuestion: what was the average we sublease rental income from 2005 to 2007",
        "solution": "57667"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2018/page_129.pdf\n\nID: HUM/2018/page_129.pdf-1\n\nPrevious Text:\nhumana inc .\nnotes to consolidated financial statements 2014 ( continued ) 15 .\nstockholders 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 ) .\n\nTable Data:\n[['paymentdate', 'amountper share', 'totalamount ( in millions )'], ['2016', '$ 1.16', '$ 172'], ['2017', '$ 1.49', '$ 216'], ['2018', '$ 1.90', '$ 262']]\n\nFollowing Text:\non 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 .\ndeclaration and payment of future quarterly dividends is at the discretion of our board and may be adjusted as business needs or market conditions change .\nin 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 .\nstock repurchases our board of directors may authorize the purchase of our common shares .\nunder 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 .\non 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 .\non february 16 , 2017 , we entered into an accelerated share repurchase agreement , the february 2017 asr , with goldman , sachs & co .\nllc , 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 .\non 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 .\nthe 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 .\nupon 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 .\nin 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 .\nsubsequent 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 .\non 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. .\n\nQuestion: what was the amount of shares paid out in 2016 in millions",
        "solution": "148"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2014/page_47.pdf\n\nID: IPG/2014/page_47.pdf-2\n\nPrevious Text:\nitem 7a .\nquantitative 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 .\nfrom time to time , we use derivative instruments , pursuant to established guidelines and policies , to manage some portion of these risks .\nderivative instruments utilized in our hedging activities are viewed as risk management tools and are not used for trading or speculative purposes .\ninterest 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 .\nthe majority of our debt ( approximately 91% ( 91 % ) and 86% ( 86 % ) as of december 31 , 2014 and 2013 , respectively ) bears interest at fixed rates .\nwe 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 .\nthe 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 .\nincrease/ ( decrease ) in fair market value as of december 31 , 10% ( 10 % ) increase in interest rates 10% ( 10 % ) decrease in interest rates .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nwe have used interest rate swaps for risk management purposes to manage our exposure to changes in interest rates .\nwe do not have any interest rate swaps outstanding as of december 31 , 2014 .\nwe 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 .\nthe interest income generated from these investments is subject to both domestic and foreign interest rate movements .\nduring 2014 and 2013 , we had interest income of $ 27.4 and $ 24.7 , respectively .\nbased 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 .\nforeign currency rates we are subject to translation and transaction risks related to changes in foreign currency exchange rates .\nsince we report revenues and expenses in u.s .\ndollars , changes in exchange rates may either positively or negatively affect our consolidated revenues and expenses ( as expressed in u.s .\ndollars ) from foreign operations .\nthe primary foreign currencies that impacted our results during 2014 included the argentine peso , australian dollar , brazilian real and british pound sterling .\nbased on 2014 exchange rates and operating results , if the u.s .\ndollar 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 .\nthe functional currency of our foreign operations is generally their respective local currency .\nassets 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 .\nthe 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 .\nour foreign subsidiaries generally collect revenues and pay expenses in their functional currency , mitigating transaction risk .\nhowever , certain subsidiaries may enter into transactions in currencies other than their functional currency .\nassets and liabilities denominated in currencies other than the functional currency are susceptible to movements in foreign currency until final settlement .\ncurrency transaction gains or losses primarily arising from transactions in currencies other than the functional currency are included in office and general expenses .\nwe 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. .\n\nQuestion: 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?",
        "solution": "1.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_32.pdf\n\nID: MRO/2009/page_32.pdf-1\n\nPrevious Text:\ntechnical and research personnel and lab facilities , and significantly expanded the portfolio of patents available to us via license and through a cooperative development program .\nin addition , we have acquired a 20 percent interest in grt , inc .\nthe gtftm technology is protected by an intellectual property protection program .\nthe u.s .\nhas granted 17 patents for the technology , with another 22 pending .\nworldwide , there are over 300 patents issued or pending , covering over 100 countries including regional and direct foreign filings .\nanother 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 .\nmuch like lng , gas hydrates would then be regasified upon delivery to the receiving market .\nwe have an active pilot program in place to test and further develop a proprietary natural gas hydrates manufacturing system .\nthe above discussion of the integrated gas segment contains forward-looking statements with respect to the possible expansion of the lng production facility .\nfactors 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 .\nthe foregoing factors ( among others ) could cause actual results to differ materially from those set forth in the forward-looking statements .\nrefining , 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 .\nwe rank as the fifth largest crude oil refiner in the u.s .\nand the largest in the midwest .\nour 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 .\nour 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 .\nand the largest in the midwest .\nrefining 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 .\nduring 2009 , our refineries processed 957 mbpd of crude oil and 196 mbpd of other charge and blend stocks .\nthe table below sets forth the location and daily crude oil refining capacity of each of our refineries as of december 31 , 2009 .\ncrude oil refining capacity ( thousands of barrels per day ) 2009 .\n\nTable Data:\n[['( 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']]\n\nFollowing Text:\nour refineries include crude oil atmospheric and vacuum distillation , fluid catalytic cracking , catalytic reforming , desulfurization and sulfur recovery units .\nthe 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 .\nadditionally , we manufacture aromatics , cumene , propane , propylene , sulfur and maleic anhydride .\nour garyville , louisiana , refinery is located along the mississippi river in southeastern louisiana between new orleans and baton rouge .\nthe garyville refinery predominantly processes heavy sour crude oil into products .\n\nQuestion: what percentage of crude oil refining capacity is located in garyville louisiana?",
        "solution": "36.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2014/page_93.pdf\n\nID: LMT/2014/page_93.pdf-2\n\nPrevious Text:\nnote 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 .\nthe net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .\nas 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 .\nwe received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .\nin 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 .\nstock-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 .\nthe 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 .\nno 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 .\nthe minimum vesting period for restricted stock or stock units payable in stock is three years .\naward 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 .\nthe maximum term of a stock option or any other award is 10 years .\nat 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 .\nat december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .\nwe issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .\nthe following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nrsus are valued based on the fair value of our common stock on the date of grant .\nemployees 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 .\nemployees who are granted rsus receive dividend-equivalent cash payments only upon vesting .\nfor 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 .\nwe 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. .\n\nQuestion: what was the percentage change in non-cash stock-based compensation expense from 2013 to 2014?",
        "solution": "-13%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2019/page_77.pdf\n\nID: ADI/2019/page_77.pdf-2\n\nPrevious Text:\nexpected 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 .\nthe 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 .\nrisk-free interest rate 2014 the yield on zero-coupon u.s .\ntreasury securities for a period that is commensurate with the expected term assumption is used as the risk-free interest rate .\nexpected 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 .\nuntil 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 .\ncash dividends are not paid on options , restricted stock or restricted stock units .\nin connection with the acquisition , the company granted restricted stock awards to replace outstanding restricted stock awards of linear employees .\nthese restricted stock awards entitle recipients to voting and nonforfeitable dividend rights from the date of grant .\nstock-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 .\nforfeitures are estimated at the time of grant and revised , if necessary , in subsequent periods if actual forfeitures differ from those estimates .\nthe term 201cforfeitures 201d is distinct from 201ccancellations 201d or 201cexpirations 201d and represents only the unvested portion of the surrendered stock-based award .\nbased 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 .\nthis analysis will be re-evaluated quarterly and the forfeiture rate will be adjusted as necessary .\nultimately , the actual expense recognized over the vesting period will only be for those awards that vest .\ntotal stock-based compensation expense recognized is as follows: .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nas 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 .\nadditional paid-in-capital ( apic ) pp poolp p ( ) the company adopted asu 2016-09 during fiscal 2018 .\nasu 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 .\nas 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 .\nfor fiscal 2017 , the apic pool represented the excess tax benefits related to stock-based compensation that were available to absorb future tax deficiencies .\nif 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 .\nfor 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 .\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the growth rate in the r&d in 2019?",
        "solution": "-7.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLL/2010/page_58.pdf\n\nID: BLL/2010/page_58.pdf-1\n\nPrevious Text:\npage 45 of 100 ball corporation and subsidiaries notes to consolidated financial statements 3 .\nacquisitions latapack-ball embalagens ltda .\n( 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 .\nthis 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 .\nas 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 .\nlatapack-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 .\nin 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 .\nthe 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 .\nthe valuation was based on market and income approaches. .\n\nTable Data:\n[['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 )']]\n\nFollowing Text:\nnoncontrolling interests $ ( 132.9 ) the customer relationships were identified as an intangible asset by the company and assigned an estimated life of 13.4 years .\nthe intangible asset is being amortized on a straight-line basis .\nneuman aluminum ( neuman ) in july 2010 , the company acquired neuman for approximately $ 62 million in cash .\nneuman 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 .\nneuman operates two plants , one in the united states and one in canada , which employ approximately 180 people .\nthe 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 .\nguangdong 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 .\nball has owned 35 percent of the joint venture plant since 1992 .\nball 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 .\nthe 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 .\nthe purchase accounting was completed during the third quarter of 2010 .\nthe acquisition of the remaining interest is not material to the metal beverage packaging , americas and asia , segment. .\n\nQuestion: what percentage of net assets acquired was goodwill?",
        "solution": "29%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2013/page_30.pdf\n\nID: UNP/2013/page_30.pdf-1\n\nPrevious Text:\nsupplies .\nexpenses 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 .\nexpenses 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 .\ndepreciation 2013 the majority of depreciation relates to road property , including rail , ties , ballast , and other track material .\ndepreciation was up 1% ( 1 % ) compared to 2012 .\nrecent 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 .\na higher depreciable asset base , reflecting ongoing capital spending , increased depreciation expense in 2012 compared to 2011 .\nequipment 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 .\nadditional 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 .\nconversely , lower locomotive and freight car lease expenses partially offset the higher freight car rental expense .\nincreased 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 .\nconversely , lower locomotive lease expense partially offset the higher freight car rental expense .\nother 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 .\nhigher property taxes and costs associated with damaged freight and property increased other costs in 2013 compared to 2012 .\ncontinued 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 .\nother costs in 2012 were slightly higher than 2011 primarily due to higher property taxes .\ndespite 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 .\nnon-operating items millions 2013 2012 2011 % (  % ) change 2013 v 2012 % (  % ) change 2012 v 2011 .\n\nTable Data:\n[['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 % (  % )']]\n\nFollowing Text:\nother 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 .\nthese increases were partially offset by interest received from a tax refund in 2012 .\nother 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 .\ninterest 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 .\nthe 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 .\ninterest 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. .\n\nQuestion: what was the average other income from 2011 to 2013",
        "solution": "116"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2018/page_82.pdf\n\nID: CDNS/2018/page_82.pdf-4\n\nPrevious Text:\nnote 8 .\nacquisitions 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 .\nthe total purchase consideration was allocated to the assets acquired and liabilities assumed based on their respective estimated fair values on the acquisition dates .\ncadence 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 .\ncadence will also make payments to certain employees , subject to continued employment and other performance-based conditions , through the fourth quarter of fiscal 2020 .\nduring 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 .\nthe total purchase consideration was allocated to the assets acquired and liabilities assumed based on their respective estimated fair values on the acquisition dates .\ncadence 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 .\ncadence 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 .\nmr .\ntan and his wife serve as co-trustees of the trust and disclaim pecuniary and economic interest in the trust .\nthe board of directors of cadence reviewed the transactions and concluded that it was in the best interests of cadence to proceed with the transactions .\nmr .\ntan recused himself from the board of directors 2019 discussion of the valuation of nusemi inc and rocketick technologies ltd .\nand on whether to proceed with the transactions .\nacquisition-related transaction costs there were no direct transaction costs associated with acquisitions during fiscal 2018 .\ntransaction costs associated with acquisitions were $ 0.6 million and $ 1.1 million during fiscal 2017 and 2016 , respectively .\nthese costs consist of professional fees and administrative costs and were expensed as incurred in cadence 2019s consolidated income statements .\nnote 9 .\ngoodwill 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 ) .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\ncadence 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. .\n\nQuestion: what is the percentage increase in the balance of goodwill from 2016 to 2017?",
        "solution": "16.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: OKE/2007/page_51.pdf\n\nID: OKE/2007/page_51.pdf-1\n\nPrevious Text:\nimpairment 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 .\nfair values are based on the sum of the undiscounted future cash flows expected to result from the use and eventual disposition of the assets .\nwe 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 .\nan 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 .\nif 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 .\nin 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 .\nif the carrying value of the goodwill exceeds this calculated implied fair value of the goodwill , we will record an impairment charge .\nat december 31 , 2007 , we had $ 600.7 million of goodwill recorded on our consolidated balance sheet as shown below. .\n\nTable Data:\n[['', '( thousands of dollars )'], ['oneok partners', '$ 431418'], ['distribution', '157953'], ['energy services', '10255'], ['other', '1099'], ['total goodwill', '$ 600725']]\n\nFollowing Text:\n( 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 .\nall intangible assets are subject to impairment testing .\nour 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 .\nduring 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 .\nthe reduction to our net income , net of minority interests and income taxes , was $ 3.0 million .\nin 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 .\nin october 2005 , we concluded that our spring creek power plant had been impaired and recorded an impairment expense of $ 52.2 million .\nthis 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 .\nthe sale was completed on october 31 , 2006 .\nthis component of our business is accounted for as discontinued operations in accordance with statement 144 .\nsee 201cdiscontinued operations 201d on page 46 for additional information .\nour 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 .\nbased on statement 142 , this amount , referred to as equity method goodwill , should continue to be recognized in accordance with apb opinion no .\n18 , 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 .\npension and postretirement employee benefits - we have defined benefit retirement plans covering certain full-time employees .\nwe sponsor welfare plans that provide postretirement medical and life insurance benefits to certain employees who retire with at least five years of service .\nour actuarial consultant calculates the expense and liability related to these plans and uses statistical and other factors that attempt to anticipate future events .\nthese factors include assumptions about the discount rate , expected return on plan assets , rate of future compensation increases , age and employment periods .\nin 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 .\nsee note j of the notes to consolidated financial statements in this annual report on form 10-k for additional information. .\n\nQuestion: what percentage of total goodwill does oneok partners represent at december 31 , 2007?",
        "solution": "72%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JKHY/2016/page_61.pdf\n\nID: JKHY/2016/page_61.pdf-2\n\nPrevious Text:\n58 2016 annual report note 12 .\nbusiness acquisition bayside business solutions , inc .\neffective 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 .\nthis acquisition was funded using existing operating cash .\nthe acquisition of bayside business solutions expanded the company 2019s presence in commercial lending within the industry .\nmanagement has completed a purchase price allocation of bayside business solutions and its assessment of the fair value of acquired assets and liabilities assumed .\nthe recognized amounts of identifiable assets acquired and liabilities assumed , based upon their fair values as of july 1 , 2015 are set forth below: .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe 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 .\ngoodwill from this acquisition has been allocated to our banking systems and services segment .\nthe goodwill is not expected to be deductible for income tax purposes .\nidentifiable intangible assets from this acquisition consist of customer relationships of $ 3402 , $ 659 of computer software and other intangible assets of $ 944 .\nthe weighted average amortization period for acquired customer relationships , acquired computer software , and other intangible assets is 15 years , 5 years , and 20 years , respectively .\ncurrent assets were inclusive of cash acquired of $ 1725 .\nthe fair value of current assets acquired included accounts receivable of $ 178 .\nthe gross amount of receivables was $ 178 , none of which was expected to be uncollectible .\nduring fiscal year 2016 , the company incurred $ 55 in costs related to the acquisition of bayside business solutions .\nthese costs included fees for legal , valuation and other fees .\nthese costs were included within general and administrative expenses .\nthe 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 .\nthe 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 .\nthe 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 .\nbanno , 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 .\nthis acquisition was funded using existing operating cash .\nthe acquisition of banno expanded the company 2019s presence in online and mobile technologies within the industry .\nduring fiscal year 2014 , the company incurred $ 30 in costs related to the acquisition of banno .\nthese costs included fees for legal , valuation and other fees .\nthese costs were included within general and administrative expenses .\nthe 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 .\nfor 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 .\nthe 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 .\nthe 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 .\nthe 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. .\n\nQuestion: were current assets acquired greater than long-term assets?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2008/page_83.pdf\n\nID: UNP/2008/page_83.pdf-4\n\nPrevious Text:\n14 .\nleases we lease certain locomotives , freight cars , and other property .\nthe 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 .\na charge to income resulting from the amortization for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe majority of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 747 million in 2008 , $ 810 million in 2007 , and $ 798 million in 2006 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n15 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe 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 .\nwe 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 .\npersonal 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 .\nwe use third-party actuaries to assist us in measuring the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe 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 .\ntreasury rates .\napproximately 88% ( 88 % ) of the recorded liability related to asserted claims , and approximately 12% ( 12 % ) related to unasserted claims at december 31 , 2008 .\nbecause 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 .\n\nQuestion: what percentage of total minimum lease payments are operating leases?",
        "solution": "76%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2018/page_53.pdf\n\nID: WRK/2018/page_53.pdf-2\n\nPrevious Text:\ncompared to earlier levels .\nthe 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 .\nliquidity 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 .\nin 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 ) .\nin 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 .\non november 2 , 2018 , in connection with the closing of the kapstone acquisition , we drew upon the facility in full .\nthe 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 .\nwe 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 .\nsee fffdnote 13 .\ndebt fffdtt of the notes to consolidated financial statements for additional information .\nfunding 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 .\nas such , our foreign cash and cash equivalents are not expected to be a key source of liquidity to our domestic operations .\nat 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 .\nthis liquidity may be used to provide for ongoing working capital needs and for other general corporate purposes , including acquisitions , dividends and stock repurchases .\ncertain restrictive covenants govern our maximum availability under the credit facilities .\nwe test and report our compliance with these covenants as required and we were in compliance with all of these covenants at september 30 , 2018 .\nat 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 .\nwe 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 .\napproximately 20% ( 20 % ) of the cash and cash equivalents at september 30 , 2018 were held outside of the u.s .\nat september 30 , 2018 , total debt was $ 6415.2 million , $ 740.7 million of which was current .\nat september 30 , 2017 , total debt was $ 6554.8 million , $ 608.7 million of which was current .\ncash flow activityy .\n\nTable Data:\n[['( 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 )']]\n\nFollowing Text:\nnet 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 .\nnet 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 .\nthe changes in working capital in fiscal 2018 , 2017 and 2016 included a .\n\nQuestion: as of september 30 , 2018 , what was the percent of the total debt that was current .",
        "solution": "11.55%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MKTX/2014/page_39.pdf\n\nID: MKTX/2014/page_39.pdf-3\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .\nprice range our common stock trades on the nasdaq global select market under the symbol 201cmktx 201d .\nthe 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 .\nholders there were 28 holders of record of our common stock as of february 20 , 2015 .\ndividend 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 .\non december 27 , 2012 , we paid a special cash dividend of $ 1.30 per share .\nin 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 .\nany future declaration and payment of dividends will be at the sole discretion of our board of directors .\nthe 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 .\nrecent 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. .\n\nTable Data:\n[['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']]\n\nFollowing Text:\n.\n\nQuestion: between july 1 2014 to september 30 2014 what was the spread between the high and low price per share?",
        "solution": "14.55"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HFC/2017/page_103.pdf\n\nID: HFC/2017/page_103.pdf-4\n\nPrevious Text:\nhollyfrontier corporation notes to consolidated financial statements continued .\n\nTable Data:\n[['', '( in thousands )'], ['2018', '$ 148716'], ['2019', '132547'], ['2020', '119639'], ['2021', '107400'], ['2022', '102884'], ['thereafter', '857454'], ['total', '$ 1468640']]\n\nFollowing Text:\ntransportation 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 .\nthese 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 .\nwe 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 .\nfor 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 .\nin september 2017 , the supplier notified us they are disputing the shortfall fee owed and in october 2017 notified us of their demand for arbitration .\nwe 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 .\nwe believe the disputes and claims made by the supplier are without merit .\nin march , 2006 , a subsidiary of ours sold the assets of montana refining company under an asset purchase agreement ( 201capa 201d ) .\ncalumet 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 .\nwe have rejected most of the claims for payment , and this matter is scheduled for arbitration beginning in july 2018 .\nwe 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 .\nnote 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 .\naccordingly , 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 .\nour prior period segment information has been retrospectively adjusted to reflect our current segment presentation .\nour operations are organized into three reportable segments , refining , lubricants and specialty products and hep .\nour operations that are not included in the refining , lubricants and specialty products and hep segments are included in corporate and other .\nintersegment transactions are eliminated in our consolidated financial statements and are included in eliminations .\ncorporate and other and eliminations are aggregated and presented under corporate , other and eliminations column .\nthe refining segment represents the operations of the el dorado , tulsa , navajo , cheyenne and woods cross refineries and hfc asphalt ( aggregated as a reportable segment ) .\nrefining 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 .\nthese petroleum products are primarily marketed in the mid-continent , southwest and rocky mountain regions of the united states .\nhfc asphalt operates various asphalt terminals in arizona , new mexico and oklahoma. .\n\nQuestion: what was the average storage costs from 2015 to 2017 in millions",
        "solution": "137.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_83.pdf\n\nID: GS/2012/page_83.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis liquidity risk management liquidity is of critical importance to financial institutions .\nmost of the recent failures of financial institutions have occurred in large part due to insufficient liquidity .\naccordingly , 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 .\nour 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 .\nwe manage liquidity risk according to the following principles : excess liquidity .\nwe maintain substantial excess liquidity to meet a broad range of potential cash outflows and collateral needs in a stressed environment .\nasset-liability management .\nwe assess anticipated holding periods for our assets and their expected liquidity in a stressed environment .\nwe 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 .\ncontingency funding plan .\nwe maintain a contingency funding plan to provide a framework for analyzing and responding to a liquidity crisis situation or periods of market stress .\nthis framework sets forth the plan of action to fund normal business activity in emergency and stress situations .\nthese principles are discussed in more detail below .\nexcess 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 .\nwe 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 .\nas 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 .\nbased 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 .\nthe table below presents the fair value of the securities and certain overnight cash deposits that are included in our gce .\naverage for the year ended december in millions 2012 2011 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe u.s .\ndollar-denominated excess is composed of ( i ) unencumbered u.s .\ngovernment and federal agency obligations ( including highly liquid u.s .\nfederal agency mortgage-backed obligations ) , all of which are eligible as collateral in federal reserve open market operations and ( ii ) certain overnight u.s .\ndollar cash deposits .\nthe non-u.s .\ndollar-denominated excess is composed of only unencumbered german , french , japanese and united kingdom government obligations and certain overnight cash deposits in highly liquid currencies .\nwe 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 .\nwe do not include other potential sources of excess liquidity , such as less liquid unencumbered securities or committed credit facilities , in our gce .\ngoldman sachs 2012 annual report 81 .\n\nQuestion: 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?",
        "solution": "3.04"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2016/page_98.pdf\n\nID: AES/2016/page_98.pdf-3\n\nPrevious Text:\nthe net decrease in the 2016 effective tax rate was due , in part , to the 2016 asset impairments in the u.s .\nand to the current year benefit related to a restructuring of one of our brazilian businesses that increases tax basis in long-term assets .\nfurther , the 2015 rate was impacted by the items described below .\nsee note 20 2014asset impairment expense for additional information regarding the 2016 u.s .\nasset impairments .\nincome tax expense increased $ 101 million , or 27% ( 27 % ) , to $ 472 million in 2015 .\nthe company's effective tax rates were 41% ( 41 % ) and 26% ( 26 % ) for the years ended december 31 , 2015 and 2014 , respectively .\nthe net increase in the 2015 effective tax rate was due , in part , to the nondeductible 2015 impairment of goodwill at our u.s .\nutility , 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 .\nfurther , 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 .\nwind operating projects .\nneither of these transactions gave rise to income tax expense .\nsee note 15 2014equity for additional information regarding the sale of approximately 45% ( 45 % ) of the company 2019s interest in masin-aes pte ltd .\nsee note 23 2014dispositions for additional information regarding the sale of the company 2019s interests in four u.k .\nwind operating projects .\nour 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 .\nstatutory rate of 35% ( 35 % ) .\na future proportionate change in the composition of income before income taxes from foreign and domestic tax jurisdictions could impact our periodic effective tax rate .\nthe company also benefits from reduced tax rates in certain countries as a result of satisfying specific commitments regarding employment and capital investment .\nsee note 21 2014income taxes for additional information regarding these reduced rates .\nforeign currency transaction gains ( losses ) foreign currency transaction gains ( losses ) in millions were as follows: .\n\nTable Data:\n[['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']]\n\nFollowing Text:\ntotal ( 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 .\nthe 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 .\nthis 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 .\nthe 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 .\ndollar denominated debt , and losses at termoandes ( a u.s .\ndollar 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 .\ndollar 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 .\ndollar functional currency subsidiary ) associated with intercompany notes payable denominated in pound sterling , and .\n\nQuestion: what was the maximum argentina foreign currency gains in millions fofr the three year period?",
        "solution": "124"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAG/2007/page_41.pdf\n\nID: CAG/2007/page_41.pdf-2\n\nPrevious Text:\nyears 2002 , 2003 , 2004 , and the first two quarters of fiscal 2005 .\nthe restatement related to tax matters .\nthe company provided information to the sec staff relating to the facts and circumstances surrounding the restatement .\non july 28 , 2006 , the company filed an amendment to its annual report on form 10-k for the fiscal year ended may 29 , 2005 .\nthe filing amended item 6 .\nselected 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 .\nthe company provided information to the sec staff relating to the facts and circumstances surrounding the amended filing .\nthe company reached an agreement with the sec staff concerning matters associated with these amended filings .\nthat proposed settlement was approved by the securities and exchange commission on july 17 , 2007 .\non 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 .\nadditionally , the company made approximately $ 2 million in indemnity payments on behalf of former employees concluding separate settlements with the sec .\nthe 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 .\nthree purported class actions were filed in united states district court for nebraska , rantala v .\nconagra foods , inc. , et .\nal. , case no .\n805cv349 , and bright v .\nconagra foods , inc. , et .\nal. , case no .\n805cv348 on july 18 , 2005 , and boyd v .\nconagra foods , inc. , et .\nal. , case no .\n805cv386 on august 8 , 2005 .\nthe 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 .\nthe 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 .\nthe company has reached a settlement with the plaintiffs in these actions subject to court approval .\nthe settlement includes a $ 4 million payment , most of which will be paid by an insurer .\nthe company has also agreed to make certain prospective changes to its benefit plans as part of the settlement .\n2006 vs .\n2005 net sales ( $ in millions ) reporting segment fiscal 2006 net sales fiscal 2005 net sales % (  % ) increase/ ( decrease ) .\n\nTable Data:\n[['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 % )']]\n\nFollowing Text:\noverall , 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 .\nprice 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 .\nthese 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. .\n\nQuestion: what percentage of total net sales where comprised of food and ingredients in 2006?",
        "solution": "28%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_70.pdf\n\nID: AAPL/2007/page_70.pdf-2\n\nPrevious Text:\nnotes 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 .\none 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 .\nthe following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nvendor 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 .\nthe company purchases these raw material components directly from suppliers .\nthese 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 .\nthe 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 .\nderivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange risk .\nforeign 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 .\nthe company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .\nthe company records all derivatives on the balance sheet at fair value. .\n\nQuestion: what was the change in non-trade receivables , included in other current assets , between september 29 , 2007 and september 30 , 2006 , in billions?",
        "solution": "0.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_216.pdf\n\nID: ETR/2011/page_216.pdf-3\n\nPrevious Text:\npart 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 ) .\nthese ordinances contain a continuing option for the city of new orleans to purchase entergy new orleans 2019s electric and gas utility properties .\nentergy 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 .\nentergy texas was typically granted 50-year franchises , but recently has been receiving 25-year franchises .\nentergy texas 2019s electric franchises expire during 2013-2058 .\nthe business of system energy is limited to wholesale power sales .\nit has no distribution franchises .\nproperty 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: .\n\nTable Data:\n[['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']]\n\nFollowing Text:\n( 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 .\nthe entergy system's load and capacity projections are reviewed periodically to assess the need and timing for additional generating capacity and interconnections .\nthese reviews consider existing and projected demand , the availability and price of power , the location of new load , and the economy .\nsummer peak load in the entergy system service territory has averaged 21246 mw from 2002-2011 .\nin 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 .\nin this time period the entergy system met its capacity shortages almost entirely through short-term power purchases in the wholesale spot market .\nin 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 .\nthe 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 .\nentergy refers to this strategy as the \"portfolio transformation strategy\" .\nover the past nine years , portfolio transformation has resulted in the addition of about 4500 mw of new long-term resources .\nthese figures do not include transactions currently pending as a result of the summer 2009 rfp .\nwhen 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 .\nthis remaining need is expected to be met through a nuclear uprate at grand gulf and limited-term resources .\nthe entergy system will continue to access the spot power market to economically .\n\nQuestion: what portion of the total capabilities is generated from nuclear station for entergy as a whole?",
        "solution": "23.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLL/2006/page_89.pdf\n\nID: BLL/2006/page_89.pdf-1\n\nPrevious Text:\npage 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .\nshareholders 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 .\npreferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .\nunder 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 .\nsubject 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 .\nif 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 .\nthe 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 .\nexercise 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 .\nthe rights would not interfere with any merger or other business combinations approved by the board of directors .\nthe 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 .\nthe net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .\nthe contract was settled on january 5 , 2007 , for $ 51.9 million in cash .\nin 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 .\ncompany contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .\naccumulated 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 ) .\n\nTable Data:\n[['( $ 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 )']]\n\nFollowing Text:\nnotwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .\ntherefore , no taxes have been provided on the foreign currency translation component for any period .\nthe 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 .\nthe 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. .\n\nQuestion: what was the percentage change in accumulated other comprehensive earnings ( loss ) between 2003 and 2004?\\\\n",
        "solution": "2471%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2012/page_107.pdf\n\nID: CME/2012/page_107.pdf-3\n\nPrevious Text:\nthe weighted average grant date fair value of options granted during 2012 , 2011 , and 2010 was $ 13 , $ 19 and $ 20 per share , respectively .\nthe 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 .\nin 2012 , the company granted 931340 shares of restricted class a common stock and 4048 shares of restricted stock units .\nrestricted common stock and restricted stock units generally have a vesting period of 2 to 4 years .\nthe fair value related to these grants was $ 54.5 million , which is recognized as compensation expense on an accelerated basis over the vesting period .\nbeginning 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 .\nin 2012 , the company also granted 138410 performance shares .\nthe 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 .\nthe vesting of these shares is contingent on meeting stated performance or market conditions .\nthe 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 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1432610 $ 57 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\noutstanding at december 31 , 2012 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1913527 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 .\neligible 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 .\nshares 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 .\ncompensation expense is recognized on the dates of purchase for the discount from the closing price .\nin 2012 , 2011 and 2010 , a total of 27768 , 32085 and 21855 shares , respectively , of class a common stock were issued to participating employees .\nthese shares are subject to a six-month holding period .\nannual expense of $ 0.1 million , $ 0.2 million and $ 0.1 million for the purchase discount was recognized in 2012 , 2011 and 2010 , respectively .\nnon-executive directors receive an annual award of class a common stock with a value equal to $ 75000 .\nnon-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 .\nas a result , 40260 , 40585 and 37350 shares of class a common stock were issued to non-executive directors during 2012 , 2011 and 2010 , respectively .\nthese shares are not subject to any vesting restrictions .\nexpense 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 .\n19 .\nfair 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 .\nlevel 1 assets generally include u.s .\ntreasury securities , equity securities listed in active markets , and investments in publicly traded mutual funds with quoted market prices .\nif quoted prices are not available to determine fair value , the company uses other inputs that are directly observable .\nassets included in level 2 generally consist of asset- backed securities , municipal bonds , u.s .\ngovernment agency securities and interest rate swap contracts .\nasset-backed securities , municipal bonds and u.s .\ngovernment 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 .\nthe 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. .\n\nQuestion: what is the total value of cancelled shares , ( in millions ) ?",
        "solution": "14.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2018/page_90.pdf\n\nID: AON/2018/page_90.pdf-4\n\nPrevious Text:\n( 3 ) refer to note 2 201csummary of significant accounting principles and practices 201d for further information .\n13 .\nemployee benefitsp y defined contribution savings plans aon maintains defined contribution savings plans for the benefit of its employees .\nthe expense recognized for these plans is included in compensation and benefits in the consolidated statements of income .\nthe expense for the significant plans in the u.s. , u.k. , netherlands and canada is as follows ( in millions ) : .\n\nTable Data:\n[['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']]\n\nFollowing Text:\npension and other postretirement benefits the company sponsors defined benefit pension and postretirement health and welfare plans that provide retirement , medical , and life insurance benefits .\nthe postretirement health care plans are contributory , with retiree contributions adjusted annually , and the aa life insurance and pension plans are generally noncontributory .\nthe significant u.s. , u.k. , netherlands and canadian pension plans are closed to new entrants. .\n\nQuestion: considering the years 2016-2018 , what is the average expense for the significant plans in the u.k.?",
        "solution": "43.66"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2016/page_50.pdf\n\nID: EW/2016/page_50.pdf-1\n\nPrevious Text:\nnet 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 .\nnet 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 .\nthese 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 .\nnet 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 .\nnet 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 .\nnet 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 .\nnet 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 .\nnet 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 .\nnet 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 ) .\na summary of all of our contractual obligations and commercial commitments as of december 31 , 2016 were as follows ( in millions ) : .\n\nTable Data:\n[['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']]\n\nFollowing Text:\n( a ) the amount included in 2018 2018less than 1 year 2019 2019 reflects anticipated contributions to our various pension plans .\nanticipated contributions beyond one year are not determinable .\nthe total accrued benefit liability for our pension plans recognized as of december 31 , 2016 was $ 50.1 million .\nthis amount is impacted .\n\nQuestion: what percentage of total contractual cash obligations is debt?",
        "solution": "87%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UAA/2016/page_83.pdf\n\nID: UAA/2016/page_83.pdf-4\n\nPrevious Text:\n2016 , 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 ) .\n\nTable Data:\n[['2017', '$ 176138'], ['2018', '166961'], ['2019', '142987'], ['2020', '124856'], ['2021', '118168'], ['2022 and thereafter', '626495'], ['total future minimum sponsorship and other payments', '$ 1355605']]\n\nFollowing Text:\ntotal 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 .\nthe amounts listed above do not include additional performance incentives and product supply obligations provided under certain agreements .\nit 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 .\nthe 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 .\nin 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 .\nin 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 .\ngenerally , such indemnification obligations do not apply in situations in which the counterparties are grossly negligent , engage in willful misconduct , or act in bad faith .\nbased 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 .\nfrom 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 .\nother 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 .\non 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 .\nunder armour , inc. ) .\non february 16 , 2017 , a second shareholder filed a securities case in the court against the same defendants ( jodie hopkins v .\nunder armour , inc. ) .\nthe plaintiff in each case purports to represent a class of shareholders for the period between april 21 , 2016 and january 30 , 2017 , inclusive .\nthe 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 .\nin general , the allegations in each case concern disclosures and statements made by .\n\nQuestion: what portion of the total future minimum sponsorship and other payments will be due in the next three years?",
        "solution": "35.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2014/page_55.pdf\n\nID: MRO/2014/page_55.pdf-1\n\nPrevious Text:\nadditions to property , plant and equipment are our most significant use of cash and cash equivalents .\nthe 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: .\n\nTable Data:\n[['( 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']]\n\nFollowing Text:\nas 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 .\nsee item 8 .\nfinancial statements and supplementary data 2013 note 22 to the consolidated financial statements for discussion of purchases of common stock .\nliquidity 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 .\nour 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 .\nbecause 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 .\nat 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 .\nas discussed in more detail below in 201coutlook 201d , we are targeting a $ 3.5 billion budget for 2015 .\nbased on our projected 2015 cash outlays for our capital program and dividends , we expect to outspend our cash flows from operations for the year .\nwe 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 .\nwe will also continue to drive the fundamentals of expense management , including organizational capacity and operational reliability .\ncapital 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 .\nsee note 16 to the consolidated financial statements for additional terms and rates .\nat december 31 , 2014 , we had no borrowings against our revolving credit facility and no amounts outstanding under our u.s .\ncommercial paper program that is backed by the revolving credit facility .\nat 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 .\nwe 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 .\nshelf 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. .\n\nQuestion: what was the average three year cash flow , in millions , from oil sands mining?",
        "solution": "228.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2014/page_125.pdf\n\nID: RE/2014/page_125.pdf-3\n\nPrevious Text:\n9 .\njunior 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 .\nas 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 .\ninterest expense incurred in connection with these junior subordinated debt securities is as follows for the periods indicated: .\n\nTable Data:\n[['( dollars in thousands )', 'years ended december 31 , 2014', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['interest expense incurred', '$ -', '$ 8181', '$ 20454']]\n\nFollowing Text:\nholdings 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 .\n10 .\nreinsurance 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 .\nat december 31 , 2014 , the total amount on deposit in trust accounts was $ 322285 thousand .\non 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 .\nthese agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events .\nthe first agreement provides up to $ 250000 thousand of reinsurance coverage from named storms in specified states of the southeastern united states .\nthe 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 .\non november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro re to provide the company with catastrophe reinsurance coverage .\nthis agreement is a multi-year reinsurance contract which covers specified earthquake events .\nthe agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada .\nkilimanjaro has financed the various property catastrophe reinsurance coverage by issuing catastrophe bonds to unrelated , external investors .\non april 24 , 2014 , kilimanjaro issued $ 450000 thousand of variable rate notes ( 201cseries 2014-1 notes 201d ) .\non november 18 , 2014 , kilimanjaro issued $ 500000 thousand of variable rate notes ( 201cseries 2014-2 notes 201d ) .\nthe 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. .\n\nQuestion: what was the ratio of interest incurred in 2013 to 2012",
        "solution": "0.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2016/page_7.pdf\n\nID: RCL/2016/page_7.pdf-1\n\nPrevious Text:\nthe following table details the growth in global weighted average berths and the global , north american , european and asia/pacific cruise guests over the past five years ( in thousands , except berth data ) : weighted- average supply of berths marketed globally ( 1 ) caribbean cruises ltd .\ntotal berths ( 2 ) global cruise guests ( 1 ) american cruise guests ( 1 ) ( 3 ) european cruise guests ( 1 ) ( 4 ) asia/pacific cruise guests ( 1 ) ( 5 ) .\n\nTable Data:\n[['year', 'weighted-averagesupply ofberthsmarketedglobally ( 1 )', 'royal caribbean cruises ltd . total berths ( 2 )', 'globalcruiseguests ( 1 )', 'north american cruise guests ( 1 ) ( 3 )', 'european cruise guests ( 1 ) ( 4 )', 'asia/pacific cruise guests ( 1 ) ( 5 )'], ['2012', '425000', '98650', '20813', '11641', '6225', '1474'], ['2013', '432000', '98750', '21343', '11710', '6430', '2045'], ['2014', '448000', '105750', '22039', '12269', '6387', '2382'], ['2015', '469000', '112700', '23000', '12004', '6587', '3129'], ['2016', '493000', '123270', '24000', '12581', '6542', '3636']]\n\nFollowing Text:\n_______________________________________________________________________________ ( 1 ) source : our estimates of the number of global cruise guests and the weighted-average supply of berths marketed globally are based on a combination of data that we obtain from various publicly available cruise industry trade information sources .\nwe use data obtained from seatrade insider , cruise industry news and company press releases to estimate weighted-average supply of berths and clia and g.p .\nwild to estimate cruise guest information .\nin addition , our estimates incorporate our own statistical analysis utilizing the same publicly available cruise industry data as a base .\n( 2 ) total berths include our berths related to our global brands and partner brands .\n( 3 ) our estimates include the united states and canada .\n( 4 ) our estimates include european countries relevant to the industry ( e.g. , nordics , germany , france , italy , spain and the united kingdom ) .\n( 5 ) our estimates include the southeast asia ( e.g. , singapore , thailand and the philippines ) , east asia ( e.g. , china and japan ) , south asia ( e.g. , india and pakistan ) and oceanian ( e.g. , australia and fiji islands ) regions .\nnorth america the majority of industry cruise guests are sourced from north america , which represented approximately 52% ( 52 % ) of global cruise guests in 2016 .\nthe compound annual growth rate in cruise guests sourced from this market was approximately 2% ( 2 % ) from 2012 to 2016 .\neurope industry cruise guests sourced from europe represented approximately 27% ( 27 % ) of global cruise guests in 2016 .\nthe compound annual growth rate in cruise guests sourced from this market was approximately 1% ( 1 % ) from 2012 to 2016 .\nasia/pacific industry cruise guests sourced from the asia/pacific region represented approximately 15% ( 15 % ) of global cruise guests in 2016 .\nthe compound annual growth rate in cruise guests sourced from this market was approximately 25% ( 25 % ) from 2012 to 2016 .\nthe asia/pacific region is experiencing the highest growth rate of the major regions , although it will continue to represent a relatively small sector compared to north america .\ncompetition we compete with a number of cruise lines .\nour principal competitors are carnival corporation & plc , which owns , among others , aida cruises , carnival cruise line , costa cruises , cunard line , holland america line , p&o cruises , princess cruises and seabourn ; disney cruise line ; msc cruises ; and norwegian cruise line holdings ltd , which owns norwegian cruise line , oceania cruises and regent seven seas cruises .\ncruise lines compete with .\n\nQuestion: in 2012 what was the percentage of the weighted-average supply of berths marketed globally belonged to the royal caribbean cruises",
        "solution": "23.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2010/page_41.pdf\n\nID: AMT/2010/page_41.pdf-2\n\nPrevious Text:\n2022 international .\nin general , our international markets are less advanced with respect to the current technologies deployed for wireless services .\nas a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .\nfor example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .\nin mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .\nin markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .\nwe believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .\nrental and management operations new site revenue growth .\nduring the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .\nwe continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. .\n\nTable Data:\n[['new sites ( acquired or constructed )', '2010', '2009', '2008'], ['domestic', '947', '528', '160'], ['international ( 1 )', '6865', '3022', '801']]\n\nFollowing Text:\n( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .\nnetwork development services segment revenue growth .\nas we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .\nthrough our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .\nrental and management operations expenses .\nour rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .\nthese segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .\nin general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .\nas a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .\nin geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .\nour profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .\nreit election .\nas we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .\nfederal and , where applicable , state income tax purposes .\nwe may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .\n\nQuestion: what portion of the new sites acquired or constructed during 2010 is located outside united states?",
        "solution": "87.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_36.pdf\n\nID: MRO/2009/page_36.pdf-4\n\nPrevious Text:\npipeline transportation 2013 we own a system of pipelines through marathon pipe line llc ( 201cmpl 201d ) and ohio river pipe line llc ( 201corpl 201d ) , our wholly-owned subsidiaries .\nour pipeline systems transport crude oil and refined products primarily in the midwest and gulf coast regions to our refineries , our terminals and other pipeline systems .\nour mpl and orpl wholly-owned and undivided interest common carrier systems consist of 1737 miles of crude oil lines and 1825 miles of refined product lines comprising 32 systems located in 11 states .\nthe mpl common carrier pipeline network is one of the largest petroleum pipeline systems in the united states , based on total barrels delivered .\nour common carrier pipeline systems are subject to state and federal energy regulatory commission regulations and guidelines , including published tariffs for the transportation of crude oil and refined products .\nthird parties generated 13 percent of the crude oil and refined product shipments on our mpl and orpl common carrier pipelines in 2009 .\nour mpl and orpl common carrier pipelines transported the volumes shown in the following table for each of the last three years .\npipeline barrels handled ( thousands of barrels per day ) 2009 2008 2007 .\n\nTable Data:\n[['( thousands of barrels per day )', '2009', '2008', '2007'], ['crude oil trunk lines', '1279', '1405', '1451'], ['refined products trunk lines', '953', '960', '1049'], ['total', '2232', '2365', '2500']]\n\nFollowing Text:\nwe also own 196 miles of private crude oil pipelines and 850 miles of private refined products pipelines , and we lease 217 miles of common carrier refined product pipelines .\nwe have partial ownership interests in several pipeline companies that have approximately 780 miles of crude oil pipelines and 3600 miles of refined products pipelines , including about 970 miles operated by mpl .\nin addition , mpl operates most of our private pipelines and 985 miles of crude oil and 160 miles of natural gas pipelines owned by our e&p segment .\nour major refined product pipelines include the owned and operated cardinal products pipeline and the wabash pipeline .\nthe cardinal products pipeline delivers refined products from kenova , west virginia , to columbus , ohio .\nthe wabash pipeline system delivers product from robinson , illinois , to various terminals in the area of chicago , illinois .\nother significant refined product pipelines owned and operated by mpl extend from : robinson , illinois , to louisville , kentucky ; garyville , louisiana , to zachary , louisiana ; and texas city , texas , to pasadena , texas .\nin addition , as of december 31 , 2009 , we had interests in the following refined product pipelines : 2022 65 percent undivided ownership interest in the louisville-lexington system , a petroleum products pipeline system extending from louisville to lexington , kentucky ; 2022 60 percent interest in muskegon pipeline llc , which owns a refined products pipeline extending from griffith , indiana , to north muskegon , michigan ; 2022 50 percent interest in centennial pipeline llc , which owns a refined products system connecting the gulf coast region with the midwest market ; 2022 17 percent interest in explorer pipeline company , a refined products pipeline system extending from the gulf coast to the midwest ; and 2022 6 percent interest in wolverine pipe line company , a refined products pipeline system extending from chicago , illinois , to toledo , ohio .\nour major owned and operated crude oil lines run from : patoka , illinois , to catlettsburg , kentucky ; patoka , illinois , to robinson , illinois ; patoka , illinois , to lima , ohio ; lima , ohio to canton , ohio ; samaria , michigan , to detroit , michigan ; and st .\njames , louisiana , to garyville , louisiana .\nas of december 31 , 2009 , we had interests in the following crude oil pipelines : 2022 51 percent interest in loop llc , the owner and operator of loop , which is the only u.s .\ndeepwater oil port , located 18 miles off the coast of louisiana , and a crude oil pipeline connecting the port facility to storage caverns and tanks at clovelly , louisiana ; 2022 59 percent interest in locap llc , which owns a crude oil pipeline connecting loop and the capline system; .\n\nQuestion: what was the total refined products trunk lines production in tbd for the three year period?",
        "solution": "2962"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2017/page_50.pdf\n\nID: ZBH/2017/page_50.pdf-2\n\nPrevious Text:\nzimmer biomet holdings , inc .\nand subsidiaries 2017 form 10-k annual report notes to consolidated financial statements ( continued ) substantially complete .\nthe following table summarizes the liabilities related to these integration plans ( in millions ) : employee termination benefits contract terminations total .\n\nTable Data:\n[['', 'employee termination benefits', 'contract terminations', 'total'], ['balance december 31 2016', '$ 38.1', '$ 35.1', '$ 73.2'], ['additions', '12.1', '5.2', '17.3'], ['cash payments', '-36.7 ( 36.7 )', '-10.4 ( 10.4 )', '-47.1 ( 47.1 )'], ['foreign currency exchange rate changes', '1.3', '0.4', '1.7'], ['balance december 31 2017', '$ 14.8', '$ 30.3', '$ 45.1']]\n\nFollowing Text:\nwe have also recognized other employee termination benefits related to ldr , other acquisitions and our operational excellence initiatives .\ndedicated project personnel expenses include the salary , benefits , travel expenses and other costs directly associated with employees who are 100 percent dedicated to our integration of acquired businesses , employees who have been notified of termination , but are continuing to work on transferring their responsibilities and employees working on our quality enhancement and remediation efforts and operational excellence initiatives .\nrelocated facilities expenses are the moving costs , lease expenses and other facility costs incurred during the relocation period in connection with relocating certain facilities .\ncertain litigation matters relate to net expenses recognized during the year for the estimated or actual settlement of certain pending litigation and similar claims , including matters where we recognized income from a settlement on more favorable terms than our previous estimate , or we reduced our estimate of a previously recorded contingent liability .\nthese litigation matters have included royalty disputes , patent litigation matters , product liability litigation matters and commercial litigation matters .\ncontract termination costs relate to terminated agreements in connection with the integration of acquired companies and changes to our distribution model as part of business restructuring and operational excellence initiatives .\nthe terminated contracts primarily relate to sales agents and distribution agreements .\ninformation technology integration costs are non- capitalizable costs incurred related to integrating information technology platforms of acquired companies or other significant software implementations as part of our quality and operational excellence initiatives .\nas part of the biomet merger , we recognized $ 209.0 million of intangible assets for in-process research and development ( 201cipr&d 201d ) projects .\nduring 2017 and 2016 , we recorded impairment losses of $ 18.8 million and $ 30.0 million , respectively , related to these ipr&d intangible assets .\nthe impairments were primarily due to the termination of certain ipr&d projects .\nwe also recognized $ 479.0 million of intangible assets for trademarks that we designated as having an indefinite life .\nduring 2017 , we reclassified one of these trademarks to a finite life asset which resulted in an impairment of $ 8.0 million .\nloss/impairment on disposal of assets relates to assets that we have sold or intend to sell , or for which the economic useful life of the asset has been significantly reduced due to integration or our quality and operational excellence initiatives .\ncontingent consideration adjustments represent the changes in the fair value of contingent consideration obligations to be paid to the prior owners of acquired businesses .\ncertain r&d agreements relate to agreements with upfront payments to obtain intellectual property to be used in r&d projects that have no alternative future use in other projects .\ncash and cash equivalents 2013 we consider all highly liquid investments with an original maturity of three months or less to be cash equivalents .\nthe carrying amounts reported in the balance sheet for cash and cash equivalents are valued at cost , which approximates their fair value .\naccounts receivable 2013 accounts receivable consists of trade and other miscellaneous receivables .\nwe grant credit to customers in the normal course of business and maintain an allowance for doubtful accounts for potential credit losses .\nwe determine the allowance for doubtful accounts by geographic market and take into consideration historical credit experience , creditworthiness of the customer and other pertinent information .\nwe make concerted efforts to collect all accounts receivable , but sometimes we have to write-off the account against the allowance when we determine the account is uncollectible .\nthe allowance for doubtful accounts was $ 60.2 million and $ 51.6 million as of december 31 , 2017 and 2016 , respectively .\ninventories 2013 inventories are stated at the lower of cost or market , with cost determined on a first-in first-out basis .\nproperty , plant and equipment 2013 property , plant and equipment is carried at cost less accumulated depreciation .\ndepreciation is computed using the straight-line method based on estimated useful lives of ten to forty years for buildings and improvements and three to eight years for machinery and equipment .\nmaintenance and repairs are expensed as incurred .\nwe review property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable .\nan impairment loss would be recognized when estimated future undiscounted cash flows relating to the asset are less than its carrying amount .\nan impairment loss is measured as the amount by which the carrying amount of an asset exceeds its fair value .\nsoftware costs 2013 we capitalize certain computer software and software development costs incurred in connection with developing or obtaining computer software for internal use when both the preliminary project stage is completed and it is probable that the software will be used as intended .\ncapitalized software costs generally include external direct costs of materials and services utilized in developing or obtaining computer software and compensation and related .\n\nQuestion: what was the percentage change in the allowance for doubtful accounts between 2016 and 2017?",
        "solution": "17%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DVN/2015/page_117.pdf\n\nID: DVN/2015/page_117.pdf-3\n\nPrevious Text:\ndevon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) proved undeveloped reserves the following table presents the changes in devon 2019s total proved undeveloped reserves during 2015 ( mmboe ) . .\n\nTable Data:\n[['', 'u.s .', 'canada', 'total'], ['proved undeveloped reserves as of december 31 2014', '305', '384', '689'], ['extensions and discoveries', '13', '11', '24'], ['revisions due to prices', '-115 ( 115 )', '80', '-35 ( 35 )'], ['revisions other than price', '-40 ( 40 )', '-80 ( 80 )', '-120 ( 120 )'], ['conversion to proved developed reserves', '-88 ( 88 )', '-94 ( 94 )', '-182 ( 182 )'], ['proved undeveloped reserves as of december 31 2015', '75', '301', '376']]\n\nFollowing Text:\nproved undeveloped reserves decreased 45% ( 45 % ) from year-end 2014 to year-end 2015 , and the year-end 2015 balance represents 17% ( 17 % ) of total proved reserves .\ndrilling and development activities increased devon 2019s proved undeveloped reserves 24 mmboe and resulted in the conversion of 182 mmboe , or 26% ( 26 % ) , of the 2014 proved undeveloped reserves to proved developed reserves .\ncosts incurred to develop and convert devon 2019s proved undeveloped reserves were approximately $ 2.2 billion for 2015 .\nadditionally , revisions other than price decreased devon 2019s proved undeveloped reserves 120 mmboe primarily due to evaluations of certain properties in the u.s .\nand canada .\nthe largest revisions , which reduced reserves by 80 mmboe , relate to evaluations of jackfish bitumen reserves .\nof the 40 mmboe revisions recorded for u.s .\nproperties , a reduction of approximately 27 mmboe represents reserves that devon now does not expect to develop in the next five years , including 20 mmboe attributable to the eagle ford .\na significant amount of devon 2019s proved undeveloped reserves at the end of 2015 related to its jackfish operations .\nat december 31 , 2015 and 2014 , devon 2019s jackfish proved undeveloped reserves were 301 mmboe and 384 mmboe , respectively .\ndevelopment schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35 mbbl daily facility capacity .\nprocessing plant capacity is controlled by factors such as total steam processing capacity and steam-oil ratios .\nfurthermore , development of these projects involves the up-front construction of steam injection/distribution and bitumen processing facilities .\ndue to the large up-front capital investments and large reserves required to provide economic returns , the project conditions meet the specific circumstances requiring a period greater than 5 years for conversion to developed reserves .\nas a result , these reserves are classified as proved undeveloped for more than five years .\ncurrently , the development schedule for these reserves extends through to 2030 .\nat the end of 2015 , approximately 184 mmboe of proved undeveloped reserves at jackfish have remained undeveloped for five years or more since the initial booking .\nno other projects have proved undeveloped reserves that have remained undeveloped more than five years from the initial booking of the reserves .\nfurthermore , approximately 180 mmboe of proved undeveloped reserves at jackfish will require in excess of five years , from the date of this filing , to develop .\nprice revisions 2015 2013 reserves decreased 302 mmboe primarily due to lower commodity prices across all products .\nthe lower bitumen price increased canadian reserves due to the decline in royalties , which increases devon 2019s after- royalty volumes .\n2014 2013 reserves increased 9 mmboe primarily due to higher gas prices in the barnett shale and the anadarko basin , partially offset by higher bitumen prices , which result in lower after-royalty volumes , in canada. .\n\nQuestion: as of december 31 2014 what was the percent of the proved undeveloped reserves in the us",
        "solution": "44.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_25.pdf\n\nID: UNP/2009/page_25.pdf-2\n\nPrevious Text:\n2022 asset utilization 2013 in response to economic conditions and lower revenue in 2009 , we implemented productivity initiatives to improve efficiency and reduce costs , in addition to adjusting our resources to reflect lower demand .\nalthough varying throughout the year , our resource reductions included removing from service approximately 26% ( 26 % ) of our road locomotives and 18% ( 18 % ) of our freight car inventory by year end .\nwe also reduced shift levels at most rail facilities and closed or significantly reduced operations in 30 of our 114 principal rail yards .\nthese demand-driven resource adjustments and our productivity initiatives combined to reduce our workforce by 10% ( 10 % ) .\n2022 fuel prices 2013 as the economy worsened during the third and fourth quarters of 2008 , fuel prices dropped dramatically , reaching $ 33.87 per barrel in december 2008 , a near five-year low .\nthroughout 2009 , crude oil prices generally increased , ending the year around $ 80 per barrel .\noverall , our average fuel price decreased by 44% ( 44 % ) in 2009 , reducing operating expenses by $ 1.3 billion compared to 2008 .\nwe also reduced our consumption rate by 4% ( 4 % ) during the year , saving approximately 40 million gallons of fuel .\nthe use of newer , more fuel efficient locomotives ; increased use of distributed locomotive power ; fuel conservation programs ; and improved network operations and asset utilization all contributed to this improvement .\n2022 free cash flow 2013 cash generated by operating activities totaled $ 3.2 billion , yielding free cash flow of $ 515 million in 2009 .\nfree cash flow is defined as cash provided by operating activities , less cash used in investing activities and dividends paid .\nfree cash flow is not considered a financial measure under accounting principles generally accepted in the united states ( gaap ) by sec regulation g and item 10 of sec regulation s-k .\nwe believe free cash flow is important in evaluating our financial performance and measures our ability to generate cash without additional external financings .\nfree cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities .\nthe following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : millions of dollars 2009 2008 2007 .\n\nTable Data:\n[['millions of dollars', '2009', '2008', '2007'], ['cash provided by operating activities', '$ 3234', '$ 4070', '$ 3277'], ['cash used in investing activities', '-2175 ( 2175 )', '-2764 ( 2764 )', '-2426 ( 2426 )'], ['dividends paid', '-544 ( 544 )', '-481 ( 481 )', '-364 ( 364 )'], ['free cash flow', '$ 515', '$ 825', '$ 487']]\n\nFollowing Text:\n2010 outlook 2022 safety 2013 operating a safe railroad benefits our employees , our customers , our shareholders , and the public .\nwe will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , quality control , and training , and by engaging our employees .\nwe will continue implementing total safety culture ( tsc ) throughout our operations .\ntsc is designed to establish , maintain , reinforce , and promote safe practices among co-workers .\nthis process allows us to identify and implement best practices for employee and operational safety .\nreducing grade-crossing incidents is a critical aspect of our safety programs , and we will continue our efforts to maintain , upgrade , and close crossings ; install video cameras on locomotives ; and educate the public about crossing safety through our own programs , various industry programs , and other activities .\n2022 transportation plan 2013 to build upon our success in recent years , we will continue evaluating traffic flows and network logistic patterns , which can be quite dynamic from year-to-year , to identify additional opportunities to simplify operations , remove network variability and improve network efficiency and asset utilization .\nwe plan to adjust manpower and our locomotive and rail car fleets to .\n\nQuestion: what percent of beginning inventory of locomotives remained in service at the end of the year?",
        "solution": "74%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_216.pdf\n\nID: ETR/2004/page_216.pdf-3\n\nPrevious Text:\nentergy louisiana , inc .\nmanagement's financial discussion and analysis setting any of entergy louisiana's rates .\ntherefore , 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 .\nthe sec approval for additional return of equity capital is now expired .\nentergy louisiana's receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: .\n\nTable Data:\n[['2004', '2003', '2002', '2001'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 40549', '( $ 41317 )', '$ 18854', '$ 3812']]\n\nFollowing Text:\nmoney 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 .\nsee note 4 to the domestic utility companies and system energy financial statements for a description of the money pool .\ninvesting 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 .\nthe 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 .\nfinancing 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 .\nthe 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 .\nthe 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 .\nsee note 5 to the domestic utility companies and system energy financial statements for details of long-term debt .\nuses 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. .\n\nQuestion: what is the difference of the payment for waterford lease obligation between 2003 and 2004?",
        "solution": "20.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2008/page_14.pdf\n\nID: AMT/2008/page_14.pdf-1\n\nPrevious Text:\n( 201cati 201d ) and spectrasite communications , llc ( 201cspectrasite 201d ) .\nwe conduct our international operations through our subsidiary , american tower international , inc. , which in turn conducts operations through its various international operating subsidiaries .\nour international operations consist primarily of our operations in mexico and brazil , and also include operations in india , which we established in the second half of 2007 .\nwe operate in two business segments : rental and management and network development services .\nfor more information about our business segments , as well as financial information about the geographic areas in which we operate , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 201d and note 18 to our consolidated financial statements included in this annual report .\nproducts and services rental and management our primary business is our communications site leasing business , which we conduct through our rental and management segment .\nthis segment accounted for approximately 97% ( 97 % ) , 98% ( 98 % ) and 98% ( 98 % ) of our total revenues for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nour rental and management segment is comprised of our domestic and international site leasing business , including the operation of wireless communications towers , broadcast communications towers and das networks , as well as rooftop management .\nwireless communications towers.we are a leading owner and operator of wireless communications towers in the united states , mexico and brazil , based on number of towers and revenue .\nwe also own and operate communications towers in india , where we commenced operations in the second half of 2007 .\nin addition to owned wireless communications towers , we also manage wireless communications sites for property owners in the united states , mexico and brazil .\napproximately 92% ( 92 % ) , 91% ( 91 % ) and 91% ( 91 % ) of our rental and management segment revenue was attributable to our wireless communications towers for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nas of december 31 , 2008 , our wireless communications tower portfolio included the following : country number of owned sites ( approx ) coverage area united states .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n19400 coverage spans 49 states and the district of columbia ; 90% ( 90 % ) of network provides coverage in the top 100 markets or core areas such as high traffic interstate corridors .\nmexico .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2500 coverage primarily concentrated in highly populated areas , including mexico city , monterrey , guadalajara and acapulco .\nbrazil .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1100 coverage primarily concentrated in major metropolitan areas in central and southern brazil , including sao paulo , rio de janeiro , brasilia and curitiba .\nindia .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n200 initial-phase coverage ( operations established in the second half of 2007 ) .\nwe lease space on our wireless communications towers to customers in a diverse range of wireless industries , including personal communications services , cellular , enhanced specialized mobile radio , wimax .\npaging and fixed microwave .\nour major domestic wireless customers include at&t mobility , sprint nextel , verizon wireless ( which completed its merger with alltel in january 2009 ) and t-mobile usa .\nour major international wireless customers include grupo iusacell ( iusacell celular and unefon in mexico ) , nextel international in mexico and brazil , telefonica ( movistar in mexico and vivo in brazil ) , america movil ( telcel in mexico and claro in brazil ) and telecom italia mobile ( tim ) in brazil .\nfor the year ended december 31 .\n\nTable Data:\n[['country', 'number of owned sites ( approx )', 'coverage area'], ['united states', '19400', 'coverage spans 49 states and the district of columbia ; 90% ( 90 % ) of network provides coverage in the top 100 markets or core areas such as high traffic interstate corridors .'], ['mexico', '2500', 'coverage primarily concentrated in highly populated areas including mexico city monterrey guadalajara and acapulco .'], ['brazil', '1100', 'coverage primarily concentrated in major metropolitan areas in central and southern brazil including sao paulo rio de janeiro brasilia and curitiba .'], ['india', '200', 'initial-phase coverage ( operations established in the second half of 2007 ) .']]\n\nFollowing Text:\n( 201cati 201d ) and spectrasite communications , llc ( 201cspectrasite 201d ) .\nwe conduct our international operations through our subsidiary , american tower international , inc. , which in turn conducts operations through its various international operating subsidiaries .\nour international operations consist primarily of our operations in mexico and brazil , and also include operations in india , which we established in the second half of 2007 .\nwe operate in two business segments : rental and management and network development services .\nfor more information about our business segments , as well as financial information about the geographic areas in which we operate , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 201d and note 18 to our consolidated financial statements included in this annual report .\nproducts and services rental and management our primary business is our communications site leasing business , which we conduct through our rental and management segment .\nthis segment accounted for approximately 97% ( 97 % ) , 98% ( 98 % ) and 98% ( 98 % ) of our total revenues for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nour rental and management segment is comprised of our domestic and international site leasing business , including the operation of wireless communications towers , broadcast communications towers and das networks , as well as rooftop management .\nwireless communications towers.we are a leading owner and operator of wireless communications towers in the united states , mexico and brazil , based on number of towers and revenue .\nwe also own and operate communications towers in india , where we commenced operations in the second half of 2007 .\nin addition to owned wireless communications towers , we also manage wireless communications sites for property owners in the united states , mexico and brazil .\napproximately 92% ( 92 % ) , 91% ( 91 % ) and 91% ( 91 % ) of our rental and management segment revenue was attributable to our wireless communications towers for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nas of december 31 , 2008 , our wireless communications tower portfolio included the following : country number of owned sites ( approx ) coverage area united states .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n19400 coverage spans 49 states and the district of columbia ; 90% ( 90 % ) of network provides coverage in the top 100 markets or core areas such as high traffic interstate corridors .\nmexico .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2500 coverage primarily concentrated in highly populated areas , including mexico city , monterrey , guadalajara and acapulco .\nbrazil .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1100 coverage primarily concentrated in major metropolitan areas in central and southern brazil , including sao paulo , rio de janeiro , brasilia and curitiba .\nindia .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n200 initial-phase coverage ( operations established in the second half of 2007 ) .\nwe lease space on our wireless communications towers to customers in a diverse range of wireless industries , including personal communications services , cellular , enhanced specialized mobile radio , wimax .\npaging and fixed microwave .\nour major domestic wireless customers include at&t mobility , sprint nextel , verizon wireless ( which completed its merger with alltel in january 2009 ) and t-mobile usa .\nour major international wireless customers include grupo iusacell ( iusacell celular and unefon in mexico ) , nextel international in mexico and brazil , telefonica ( movistar in mexico and vivo in brazil ) , america movil ( telcel in mexico and claro in brazil ) and telecom italia mobile ( tim ) in brazil .\nfor the year ended december 31 .\n\nQuestion: what is the total number of owned sites presented in the table?",
        "solution": "23200"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ANSS/2008/page_85.pdf\n\nID: ANSS/2008/page_85.pdf-3\n\nPrevious Text:\nthe following is a reconciliation of the total amounts of unrecognized tax benefits for the year : ( in thousands ) .\n\nTable Data:\n[['unrecognized tax benefit 2014january 1 2008', '$ 7928'], ['ansoft unrecognized tax benefit 2014acquired july 31 2008', '3525'], ['gross increases 2014tax positions in prior period', '2454'], ['gross decreases 2014tax positions in prior period', '-1572 ( 1572 )'], ['gross increases 2014tax positions in current period', '2255'], ['reductions due to a lapse of the applicable statute of limitations', '-1598 ( 1598 )'], ['changes due to currency fluctuation', '-259 ( 259 )'], ['settlements', '-317 ( 317 )'], ['unrecognized tax benefit 2014december 31 2008', '$ 12416']]\n\nFollowing Text:\nincluded in the balance of unrecognized tax benefits at december 31 , 2008 are $ 5.6 million of tax benefits that , if recognized , would affect the effective tax rate .\nalso included in the balance of unrecognized tax benefits at december 31 , 2008 are $ 5.0 million of tax benefits that , if recognized , would result in a decrease to goodwill recorded in purchase business combinations , and $ 1.9 million of tax benefits that , if recognized , would result in adjustments to other tax accounts , primarily deferred taxes .\nthe company believes it is reasonably possible that uncertain tax positions of approximately $ 2.6 million as of december 31 , 2008 will be resolved within the next twelve months .\nthe company recognizes interest and penalties related to unrecognized tax benefits as income tax expense .\nrelated to the uncertain tax benefits noted above , the company recorded interest of $ 171000 during 2008 .\npenalties recorded during 2008 were insignificant .\nin total , as of december 31 , 2008 , the company has recognized a liability for penalties of $ 498000 and interest of $ 1.8 million .\nthe company is subject to taxation in the u.s .\nand various states and foreign jurisdictions .\nthe company 2019s 2005 through 2008 tax years are open to examination by the internal revenue service .\nthe 2005 and 2006 federal returns are currently under examination .\nthe company also has various foreign subsidiaries with tax filings under examination , as well as numerous foreign and state tax filings subject to examination for various years .\n10 .\npension and profit-sharing plans the company has 401 ( k ) /profit-sharing plans for all qualifying full-time domestic employees that permit participants to make contributions by salary reduction pursuant to section 401 ( k ) of the internal revenue code .\nthe company makes matching contributions on behalf of each eligible participant in an amount equal to 100% ( 100 % ) of the first 3% ( 3 % ) and an additional 25% ( 25 % ) of the next 5% ( 5 % ) , for a maximum total of 4.25% ( 4.25 % ) of the employee 2019s compensation .\nthe company may make a discretionary profit sharing contribution in the amount of 0% ( 0 % ) to 5% ( 5 % ) based on the participant 2019s eligible compensation , provided the employee is employed at the end of the year and has worked at least 1000 hours .\nthe qualifying domestic employees of the company 2019s ansoft subsidiary , acquired on july 31 , 2008 , also participate in a 401 ( k ) plan .\nthere is no matching employer contribution associated with this plan .\nthe company also maintains various defined contribution pension arrangements for its international employees .\nexpenses related to the company 2019s retirement programs were $ 3.7 million in 2008 , $ 4.7 million in 2007 and $ 4.1 million in 2006 .\n11 .\nnon-compete and employment agreements employees of the company have signed agreements under which they have agreed not to disclose trade secrets or confidential information and , where legally permitted , that restrict engagement in or connection with any business that is competitive with the company anywhere in the world while employed by the company ( and .\n\nQuestion: what is the percentage increase in unrecognized tax benefits from jan 2008-dec 2008?",
        "solution": "56.61%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2009/page_81.pdf\n\nID: ADBE/2009/page_81.pdf-4\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) foreign currency translation we translate assets and liabilities of foreign subsidiaries , whose functional currency is their local currency , at exchange rates in effect at the balance sheet date .\nwe translate revenue and expenses at the monthly average exchange rates .\nwe include accumulated net translation adjustments in stockholders 2019 equity as a component of accumulated other comprehensive income .\nproperty and equipment we record property and equipment at cost less accumulated depreciation and amortization .\nproperty and equipment are depreciated using the straight-line method over their estimated useful lives ranging from 1 to 5 years for computers and equipment , 1 to 6 years for furniture and fixtures and up to 35 years for buildings .\nleasehold improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or useful lives .\ngoodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .\nwe completed our annual impairment test in the second quarter of fiscal 2009 and determined that there was no impairment .\ngoodwill is assigned to one or more reporting segments on the date of acquisition .\nwe evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .\nto determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .\nour cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .\nwe amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .\nwe continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .\nwhen such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .\nif the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on the excess of the carrying amount over the fair value of the assets .\nwe did not recognize any intangible asset impairment charges in fiscal 2009 , 2008 or 2007 .\nour intangible assets are amortized over their estimated useful lives of 1 to 13 years as shown in the table below .\namortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .\nweighted average useful life ( years ) .\n\nTable Data:\n[['', 'weighted average useful life ( years )'], ['purchased technology', '7'], ['localization', '1'], ['trademarks', '7'], ['customer contracts and relationships', '10'], ['other intangibles', '2']]\n\nFollowing Text:\nsoftware development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .\namortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .\nto date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .\nrevenue recognition our revenue is derived from the licensing of software products , consulting , hosting services and maintenance and support .\nprimarily , we recognize revenue when persuasive evidence of an arrangement exists , we have delivered the product or performed the service , the fee is fixed or determinable and collection is probable. .\n\nQuestion: what is the average weighted average useful life ( years ) for trademarks and customer contracts and relationships?",
        "solution": "8.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNPS/2006/page_73.pdf\n\nID: SNPS/2006/page_73.pdf-1\n\nPrevious Text:\nfiscal 2004 acquisitions in february 2004 , the company completed the acquisition of all the outstanding shares of accelerant networks , inc .\n( accelerant ) for total consideration of $ 23.8 million , and the acquisition of the technology assets of analog design automation , inc .\n( ada ) for total consideration of $ 12.2 million .\nthe company acquired accelerant in order to enhance the company 2019s standards-based ip solutions .\nthe company acquired the assets of ada in order to enhance the company 2019s analog and mixed signal offerings .\nin october 2004 , the company completed the acquisition of cascade semiconductor solutions , inc .\n( cascade ) for total upfront consideration of $ 15.8 million and contingent consideration of up to $ 10.0 million to be paid upon the achievement of certain performance milestones over the three years following the acquisition .\ncontingent consideration totaling $ 2.1 million was paid during the fourth quarter of fiscal 2005 and has been allocated to goodwill .\nthe company acquired cascade , an ip provider , in order to augment synopsys 2019 offerings of pci express products .\nincluded in the total consideration for the accelerant and cascade acquisitions are aggregate acquisition costs of $ 4.3 million , consisting primarily of legal and accounting fees and other directly related charges .\nas of october 31 , 2006 the company has paid substantially all the costs related to these acquisitions .\nin fiscal 2004 , the company completed one additional acquisition and two additional asset acquisition transactions for aggregate consideration of $ 12.3 million in upfront payments and acquisition-related costs .\nin process research and development expenses associated with these acquisitions totaled $ 1.6 million for fiscal 2004 .\nthese acquisitions are not considered material , individually or in the aggregate , to the company 2019s consolidated balance sheet and results of operations .\nas of october 31 , 2006 , the company has paid substantially all the costs related to these acquisitions .\nthe company allocated the total aggregate purchase consideration for these transactions to the assets and liabilities acquired , including identifiable intangible assets , based on their respective fair values at the acquisition dates , resulting in aggregate goodwill of $ 24.5 million .\naggregate identifiable intangible assets as a result of these acquisitions , consisting primarily of purchased technology and other intangibles , are $ 44.8 million , and are being amortized over three to five years .\nthe company includes the amortization of purchased technology in cost of revenue in its statements of operations .\nnote 4 .\ngoodwill and intangible assets goodwill consists of the following: .\n\nTable Data:\n[['', '( in thousands )'], ['balance at october 31 2004', '$ 593706'], ['additions ( 1 )', '169142'], ['other adjustments ( 2 )', '-33869 ( 33869 )'], ['balance at october 31 2005', '$ 728979'], ['additions ( 3 )', '27745'], ['other adjustments ( 4 )', '-21081 ( 21081 )'], ['balance at october 31 2006', '$ 735643']]\n\nFollowing Text:\n( 1 ) during fiscal year 2005 , additions represent goodwill acquired in acquisitions of ise and nassda of $ 72.9 million and $ 92.4 million , respectively , and contingent consideration earned and paid of $ 1.7 million and $ 2.1 million related to an immaterial acquisition and the acquisition of cascade , respectively .\n( 2 ) during fiscal year 2005 , synopsys reduced goodwill primarily related to tax reserves for avant! no longer probable due to expiration of the federal statute of limitations for claims. .\n\nQuestion: what is the percentual increase observed in the balance between 2004 and 2005?\\\\n",
        "solution": "22.78%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2018/page_26.pdf\n\nID: IPG/2018/page_26.pdf-3\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our common stock is listed and traded on the new york stock exchange under the symbol 201cipg 201d .\nas of february 13 , 2019 , there were approximately 10000 registered holders of our outstanding common stock .\non february 13 , 2019 , we announced that our board of directors ( the 201cboard 201d ) had declared a common stock cash dividend of $ 0.235 per share , payable on march 15 , 2019 to holders of record as of the close of business on march 1 , 2019 .\nalthough it is the board 2019s current intention to declare and pay future dividends , there can be no assurance that such additional dividends will in fact be declared and paid .\nany and the amount of any such declaration is at the discretion of the board and will depend upon factors such as our earnings , financial position and cash requirements .\nequity compensation plans see item 12 for information about our equity compensation plans .\ntransfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable .\nrepurchases of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2018 to december 31 , 2018 .\ntotal number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .\n\nTable Data:\n[['', 'total number ofshares ( or units ) purchased1', 'average price paidper share ( or unit ) 2', 'total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3', 'maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3'], ['october 1 - 31', '3824', '$ 23.30', '2014', '$ 338421933'], ['november 1 - 30', '1750', '$ 23.77', '2014', '$ 338421933'], ['december 1 - 31', '2014', '2014', '2014', '$ 338421933'], ['total', '5574', '$ 23.45', '2014', '']]\n\nFollowing Text:\n1 the total number of shares of our common stock , par value $ 0.10 per share , repurchased were withheld under the terms of grants under employee stock- based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) .\n2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum in the applicable period of the aggregate value of the tax withholding obligations by the sum of the number of withheld shares .\n3 in february 2017 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2017 share repurchase program 201d ) .\nin february 2018 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock , which was in addition to any amounts remaining under the 2017 share repurchase program .\non july 2 , 2018 , in connection with the announcement of the acxiom acquisition , we announced that share repurchases will be suspended for a period of time in order to reduce the increased debt levels incurred in conjunction with the acquisition , and no shares were repurchased pursuant to the share repurchase programs in the periods reflected .\nthere are no expiration dates associated with the share repurchase programs. .\n\nQuestion: what was the percentage of the total number of shares purchased in october",
        "solution": "68.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2009/page_153.pdf\n\nID: HOLX/2009/page_153.pdf-4\n\nPrevious Text:\ntable of contents hologic , inc .\nnotes to consolidated financial statements ( continued ) ( in thousands , except per share data ) location during fiscal 2009 .\nthe company was responsible for a significant portion of the construction costs and therefore was deemed , for accounting purposes , to be the owner of the building during the construction period , in accordance with asc 840 , leases , subsection 40-15-5 .\nduring the year ended september 27 , 2008 , the company recorded an additional $ 4400 in fair market value of the building , which was completed in fiscal 2008 .\nthis is in addition to the $ 3000 fair market value of the land and the $ 7700 fair market value related to the building constructed that cytyc had recorded as of october 22 , 2007 .\nthe company has recorded such fair market value within property and equipment on its consolidated balance sheets .\nat september 26 , 2009 , the company has recorded $ 1508 in accrued expenses and $ 16329 in other long-term liabilities related to this obligation in the consolidated balance sheet .\nthe term of the lease is for a period of approximately ten years with the option to extend for two consecutive five-year terms .\nthe lease term commenced in may 2008 , at which time the company began transferring the company 2019s costa rican operations to this facility .\nit is expected that this process will be complete by february 2009 .\nat the completion of the construction period , the company reviewed the lease for potential sale-leaseback treatment in accordance with asc 840 , subsection 40 , sale-leaseback transactions ( formerly sfas no .\n98 ( 201csfas 98 201d ) , accounting for leases : sale-leaseback transactions involving real estate , sales-type leases of real estate , definition of the lease term , and initial direct costs of direct financing leases 2014an amendment of financial accounting standards board ( 201cfasb 201d ) statements no .\n13 , 66 , and 91 and a rescission of fasb statement no .\n26 and technical bulletin no .\n79-11 ) .\nbased on its analysis , the company determined that the lease did not qualify for sale-leaseback treatment .\ntherefore , the building , leasehold improvements and associated liabilities will remain on the company 2019s financial statements throughout the lease term , and the building and leasehold improvements will be depreciated on a straight line basis over their estimated useful lives of 35 years .\nfuture minimum lease payments , including principal and interest , under this lease were as follows at september 26 , 2009: .\n\nTable Data:\n[['', 'amount'], ['fiscal 2010', '$ 1508'], ['fiscal 2011', '1561'], ['fiscal 2012', '1616'], ['fiscal 2013', '1672'], ['fiscal 2014', '1731'], ['thereafter', '7288'], ['total minimum payments', '15376'], ['less-amount representing interest', '-6094 ( 6094 )'], ['total', '$ 9282']]\n\nFollowing Text:\nin addition , as a result of the merger with cytyc , the company assumed the obligation to a non-cancelable lease agreement for a building with approximately 146000 square feet located in marlborough , massachusetts , to be principally used as an additional manufacturing facility .\nin 2011 , the company will have an option to lease an additional 30000 square feet .\nas part of the lease agreement , the lessor agreed to allow the company to make significant renovations to the facility to prepare the facility for the company 2019s manufacturing needs .\nthe company was responsible for a significant amount of the construction costs and therefore was deemed , for accounting purposes , to be the owner of the building during the construction period in accordance with asc 840-40-15-5 .\nthe $ 13200 fair market value of the facility is included within property and equipment , net on the consolidated balance sheet .\nat september 26 , 2009 , the company has recorded $ 982 in accrued expenses and source : hologic inc , 10-k , november 24 , 2009 powered by morningstar ae document research 2120 the information contained herein may not be copied , adapted or distributed and is not warranted to be accurate , complete or timely .\nthe user assumes all risks for any damages or losses arising from any use of this information , except to the extent such damages or losses cannot be limited or excluded by applicable law .\npast financial performance is no guarantee of future results. .\n\nQuestion: what was the total fair value building that cytyc had finished constructing in 2008 including the fair market value of the land?",
        "solution": "$ 15100 thousand"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2014/page_172.pdf\n\nID: GS/2014/page_172.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements guarantees of subsidiaries .\ngroup inc .\nfully and unconditionally guarantees the securities issued by gs finance corp. , a wholly-owned finance subsidiary of the group inc .\nhas guaranteed the payment obligations of goldman , sachs & co .\n( gs&co. ) , gs bank usa and goldman sachs execution & clearing , l.p .\n( gsec ) , subject to certain exceptions .\nin november 2008 , the firm contributed subsidiaries into gs bank usa , and group inc .\nagreed to guarantee the reimbursement of certain losses , including credit-related losses , relating to assets held by the contributed entities .\nin connection with this guarantee , group inc .\nalso agreed to pledge to gs bank usa certain collateral , including interests in subsidiaries and other illiquid assets .\nin addition , group inc .\nguarantees many of the obligations of its other consolidated subsidiaries on a transaction-by- transaction basis , as negotiated with counterparties .\ngroup inc .\nis unable to develop an estimate of the maximum payout under its subsidiary guarantees ; however , because these guaranteed obligations are also obligations of consolidated subsidiaries , group inc . 2019s liabilities as guarantor are not separately disclosed .\nnote 19 .\nshareholders 2019 equity common equity dividends declared per common share were $ 2.25 in 2014 , $ 2.05 in 2013 and $ 1.77 in 2012 .\non january 15 , 2015 , group inc .\ndeclared a dividend of $ 0.60 per common share to be paid on march 30 , 2015 to common shareholders of record on march 2 , 2015 .\nthe firm 2019s share repurchase program is intended to help maintain the appropriate level of common equity .\nthe share repurchase program is effected primarily through regular open-market purchases ( which may include repurchase plans designed to comply with rule 10b5-1 ) , the amounts and timing of which are determined primarily by the firm 2019s current and projected capital position , but which may also be influenced by general market conditions and the prevailing price and trading volumes of the firm 2019s common stock .\nprior to repurchasing common stock , the firm must receive confirmation that the federal reserve board does not object to such capital actions .\nthe table below presents the amount of common stock repurchased by the firm under the share repurchase program during 2014 , 2013 and 2012. .\n\nTable Data:\n[['in millions except per share amounts', 'year ended december 2014', 'year ended december 2013', 'year ended december 2012'], ['common share repurchases', '31.8', '39.3', '42.0'], ['average cost per share', '$ 171.79', '$ 157.11', '$ 110.31'], ['total cost of common share repurchases', '$ 5469', '$ 6175', '$ 4637']]\n\nFollowing Text:\ntotal cost of common share repurchases $ 5469 $ 6175 $ 4637 pursuant to the terms of certain share-based compensation plans , employees may remit shares to the firm or the firm may cancel restricted stock units ( rsus ) or stock options to satisfy minimum statutory employee tax withholding requirements and the exercise price of stock options .\nunder these plans , during 2014 , 2013 and 2012 , employees remitted 174489 shares , 161211 shares and 33477 shares with a total value of $ 31 million , $ 25 million and $ 3 million , and the firm cancelled 5.8 million , 4.0 million and 12.7 million of rsus with a total value of $ 974 million , $ 599 million and $ 1.44 billion .\nunder these plans , the firm also cancelled 15.6 million stock options with a total value of $ 2.65 billion during 2014 .\n170 goldman sachs 2014 annual report .\n\nQuestion: what was the percentage change in the total cost of common share repurchases between 2013 and 2014?",
        "solution": "-11%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2006/page_68.pdf\n\nID: PKG/2006/page_68.pdf-4\n\nPrevious Text:\npackaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 .\nstock-based compensation ( continued ) as of december 31 , 2006 , there was $ 8330000 of total unrecognized compensation costs related to the restricted stock awards .\nthe company expects to recognize the cost of these stock awards over a weighted-average period of 2.5 years .\n5 .\naccrued liabilities the components of accrued liabilities are as follows: .\n\nTable Data:\n[['( in thousands )', 'december 31 , 2006', 'december 31 , 2005'], ['bonuses and incentives', '$ 29822', '$ 21895'], ['medical insurance and workers 2019 compensation', '18279', '18339'], ['vacation and holiday pay', '14742', '14159'], ['customer volume discounts and rebates', '13777', '13232'], ['franchise and property taxes', '8432', '8539'], ['payroll and payroll taxes', '5465', '4772'], ['other', '9913', '5889'], ['total', '$ 100430', '$ 86825']]\n\nFollowing Text:\n6 .\nemployee benefit plans and other postretirement benefits in connection with the acquisition from pactiv , pca and pactiv entered into a human resources agreement which , among other items , granted pca employees continued participation in the pactiv pension plan for a period of up to five years following the closing of the acquisition for an agreed upon fee .\neffective january 1 , 2003 , pca adopted a mirror-image pension plan for eligible hourly employees to succeed the pactiv pension plan in which pca hourly employees had participated though december 31 , 2002 .\nthe pca pension plan for hourly employees recognizes service earned under both the pca plan and the prior pactiv plan .\nbenefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through december 31 , 2002 .\nall assets and liabilities associated with benefits earned through december 31 , 2002 for hourly employees and retirees of pca were retained by the pactiv plan .\neffective may 1 , 2004 , pca adopted a grandfathered pension plan for certain salaried employees who had previously participated in the pactiv pension plan pursuant to the above mentioned human resource agreement .\nthe benefit formula for the new pca pension plan for salaried employees is comparable to that of the pactiv plan except that the pca plan uses career average base pay in the benefit formula in lieu of final average base pay .\nthe pca pension plan for salaried employees recognizes service earned under both the pca plan and the prior pactiv plan .\nbenefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through april 30 , 2004 .\nall assets and liabilities associated with benefits earned through april 30 , 2004 for salaried employees and retirees of pca were retained by the pactiv plan .\npca maintains a supplemental executive retirement plan ( 201cserp 201d ) , which augments pension benefits for eligible executives ( excluding the ceo ) earned under the pca pension plan for salaried employees .\nbenefits are determined using the same formula as the pca pension plan but in addition to counting .\n\nQuestion: what was the percentage change in bonuses and incentives from 2005 to 2006?",
        "solution": "36%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2018/page_106.pdf\n\nID: WRK/2018/page_106.pdf-2\n\nPrevious Text:\nwestrock company notes to consolidated financial statements fffd ( continued ) at september 30 , 2018 and september 30 , 2017 , gross net operating losses for foreign reporting purposes of approximately $ 698.4 million and $ 673.7 million , respectively , were available for carryforward .\na majority of these loss carryforwards generally expire between fiscal 2020 and 2038 , while a portion have an indefinite carryforward .\nthe tax effected values of these net operating losses are $ 185.8 million and $ 182.6 million at september 30 , 2018 and 2017 , respectively , exclusive of valuation allowances of $ 161.5 million and $ 149.6 million at september 30 , 2018 and 2017 , respectively .\nat september 30 , 2018 and 2017 , we had state tax credit carryforwards of $ 64.8 million and $ 54.4 million , respectively .\nthese state tax credit carryforwards generally expire within 5 to 10 years ; however , certain state credits can be carried forward indefinitely .\nvaluation allowances of $ 56.1 million and $ 47.3 million at september 30 , 2018 and 2017 , respectively , have been provided on these assets .\nthese valuation allowances have been recorded due to uncertainty regarding our ability to generate sufficient taxable income in the appropriate taxing jurisdiction .\nthe following table represents a summary of the valuation allowances against deferred tax assets for fiscal 2018 , 2017 and 2016 ( in millions ) : .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['balance at beginning of fiscal year', '$ 219.1', '$ 177.2', '$ 100.2'], ['increases', '50.8', '54.3', '24.8'], ['allowances related to purchase accounting ( 1 )', '0.1', '12.4', '63.0'], ['reductions', '-40.6 ( 40.6 )', '-24.8 ( 24.8 )', '-10.8 ( 10.8 )'], ['balance at end of fiscal year', '$ 229.4', '$ 219.1', '$ 177.2']]\n\nFollowing Text:\n( 1 ) amounts in fiscal 2018 and 2017 relate to the mps acquisition .\nadjustments in fiscal 2016 relate to the combination and the sp fiber acquisition .\nconsistent with prior years , we consider a portion of our earnings from certain foreign subsidiaries as subject to repatriation and we provide for taxes accordingly .\nhowever , we consider the unremitted earnings and all other outside basis differences from all other foreign subsidiaries to be indefinitely reinvested .\naccordingly , we have not provided for any taxes that would be due .\nas of september 30 , 2018 , we estimate our outside basis difference in foreign subsidiaries that are considered indefinitely reinvested to be approximately $ 1.5 billion .\nthe components of the outside basis difference are comprised of purchase accounting adjustments , undistributed earnings , and equity components .\nexcept for the portion of our earnings from certain foreign subsidiaries where we provided for taxes , we have not provided for any taxes that would be due upon the reversal of the outside basis differences .\nhowever , in the event of a distribution in the form of dividends or dispositions of the subsidiaries , we may be subject to incremental u.s .\nincome taxes , subject to an adjustment for foreign tax credits , and withholding taxes or income taxes payable to the foreign jurisdictions .\nas of september 30 , 2018 , the determination of the amount of unrecognized deferred tax liability related to any remaining undistributed foreign earnings not subject to the transition tax and additional outside basis differences is not practicable. .\n\nQuestion: by what percent did the value of reductions increase between 2016 and 2018?",
        "solution": "275.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2003/page_27.pdf\n\nID: ABMD/2003/page_27.pdf-2\n\nPrevious Text:\na lump sum buyout cost of approximately $ 1.1 million .\ntotal rent expense under these leases , included in the accompanying consolidated statements of operations , was approximately $ 893000 , $ 856000 and $ 823000 for the fiscal years ended march 31 , 2001 , 2002 and 2003 , respectively .\nduring the fiscal year ended march 31 , 2000 , the company entered into 36-month operating leases totaling approximately $ 644000 for the lease of office furniture .\nthese leases ended in fiscal year 2003 and at the company 2019s option the furniture was purchased at its fair market value .\nrental expense recorded for these leases during the fiscal years ended march 31 , 2001 , 2002 and 2003 was approximately $ 215000 , $ 215000 and $ 127000 respectively .\nduring fiscal 2000 , the company entered into a 36-month capital lease for computer equipment and software for approximately $ 221000 .\nthis lease ended in fiscal year 2003 and at the company 2019s option these assets were purchased at the stipulated buyout price .\nfuture minimum lease payments under all non-cancelable operating leases as of march 31 , 2003 are approximately as follows ( in thousands ) : .\n\nTable Data:\n[['year ending march 31,', 'operating leases'], ['2004', '$ 781'], ['2005', '776'], ['2006', '776'], ['2007', '769'], ['2008', '772'], ['thereafter', '1480'], ['total future minimum lease payments', '$ 5354']]\n\nFollowing Text:\nfrom time to time , the company is involved in legal and administrative proceedings and claims of various types .\nwhile any litigation contains an element of uncertainty , management , in consultation with the company 2019s general counsel , presently believes that the outcome of each such other proceedings or claims which are pending or known to be threatened , or all of them combined , will not have a material adverse effect on the company .\n7 .\nstock option and purchase plans all stock options granted by the company under the below-described plans were granted at the fair value of the underlying common stock at the date of grant .\noutstanding stock options , if not exercised , expire 10 years from the date of grant .\nthe 1992 combination stock option plan ( the combination plan ) , as amended , was adopted in september 1992 as a combination and restatement of the company 2019s then outstanding incentive stock option plan and nonqualified plan .\na total of 2670859 options were awarded from the combination plan during its ten-year restatement term that ended on may 1 , 2002 .\nas of march 31 , 2003 , 1286042 of these options remain outstanding and eligible for future exercise .\nthese options are held by company employees and generally become exercisable ratably over five years .\nthe 1998 equity incentive plan , ( the equity incentive plan ) , was adopted by the company in august 1998 .\nthe equity incentive plan provides for grants of options to key employees , directors , advisors and consultants as either incentive stock options or nonqualified stock options as determined by the company 2019s board of directors .\na maximum of 1000000 shares of common stock may be awarded under this plan .\noptions granted under the equity incentive plan are exercisable at such times and subject to such terms as the board of directors may specify at the time of each stock option grant .\noptions outstanding under the equity incentive plan have vesting periods of 3 to 5 years from the date of grant .\nthe 2000 stock incentive plan , ( the 2000 plan ) , was adopted by the company in august 2000 .\nthe 2000 plan provides for grants of options to key employees , directors , advisors and consultants to the company or its subsidiaries as either incentive or nonqualified stock options as determined by the company 2019s board of directors .\nup to 1400000 shares of common stock may be awarded under the 2000 plan and are exercisable at such times and subject to such terms as the board of directors may specify at the time of each stock option grant .\noptions outstanding under the 2000 plan generally vested 4 years from the date of grant .\nthe company has a nonqualified stock option plan for non-employee directors ( the directors 2019 plan ) .\nthe directors 2019 plan , as amended , was adopted in july 1989 and provides for grants of options to purchase shares of the company 2019s common stock to non-employee directors of the company .\nup to 400000 shares of common stock may be awarded under the directors 2019 plan .\noptions outstanding under the directors 2019 plan have vesting periods of 1 to 5 years from the date of grant .\nnotes to consolidated financial statements ( continued ) march 31 , 2003 page 25 .\n\nQuestion: for the options awarded under the 1992 plan , what is the expected annual exercise of the shares?",
        "solution": "534172"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_61.pdf\n\nID: UNP/2009/page_61.pdf-4\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations operations and segmentation 2013 we are a class i railroad that operates in the united states .\nwe have 32094 route miles , linking pacific coast and gulf coast ports with the midwest and eastern united states gateways and providing several corridors to key mexican gateways .\nwe serve the western two- thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network .\nthe following table provides revenue by commodity group : millions of dollars 2009 2008 2007 .\n\nTable Data:\n[['millions of dollars', '2009', '2008', '2007'], ['agricultural', '$ 2666', '$ 3174', '$ 2605'], ['automotive', '854', '1344', '1458'], ['chemicals', '2102', '2494', '2287'], ['energy', '3118', '3810', '3134'], ['industrial products', '2147', '3273', '3077'], ['intermodal', '2486', '3023', '2925'], ['total freight revenues', '$ 13373', '$ 17118', '$ 15486'], ['other revenues', '770', '852', '797'], ['total operating revenues', '$ 14143', '$ 17970', '$ 16283']]\n\nFollowing Text:\nalthough our revenues are principally derived from customers domiciled in the united states , the ultimate points of origination or destination for some products transported are outside the united states .\nbasis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the united states of america ( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) .\nsubsequent events evaluation 2013 we evaluated the effects of all subsequent events through february 5 , 2010 , the date of this report , which is concurrent with the date we file this report with the u.s .\nsecurities and exchange commission ( sec ) .\n2 .\nsignificant accounting policies change in accounting principle 2013 we have historically accounted for rail grinding costs as a capital asset .\nbeginning in the first quarter of 2010 , we will change our accounting policy for rail grinding costs .\n\nQuestion: what percent of total freight revenues was the chemicals group in 2008?",
        "solution": "15%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_435.pdf\n\nID: ETR/2008/page_435.pdf-2\n\nPrevious Text:\nthe committee's assessment of other elements of compensation provided to the named executive officer .\nthe corporate and business unit goals and objectives vary by individual officers and include , among other things , corporate and business unit financial performance , capital expenditures , cost containment , safety , reliability , customer service , business development and regulatory matters .\nthe use of \"internal pay equity\" in setting merit increases is limited to determining whether a change in an executive officer's role and responsibilities relative to other executive officers requires an adjustment in the officer's salary .\nthe committee has not established any predetermined formula against which the base salary of one named executive officer is measured against another officer or employee .\nin 2008 , on the basis of the market data and other factors described above , merit-based salary increases for the named executive officers were approved in amounts ranging from 3.2 to 5.2 percent .\nin general these merit-based increases were consistent with the merit increase percentages approved with respect to named executive officers in the last two years ( excluding adjustments in salaries related to market factors , promotions or other changes in job responsibilities ) .\nthe following table sets forth the 2007 base salaries for the named executive officers , the 2008 percentage increase and the resulting 2008 base salary .\nexcept as described below , changes in base salaries were effective in april of each of the years shown .\nnamed executive officer 2007 base salary percentage increase 2008 base salary .\n\nTable Data:\n[['named executive officer', '2007 base salary', 'percentage increase', '2008 base salary'], ['j . wayne leonard', '$ 1230000', '5.0% ( 5.0 % )', '$ 1291500'], ['leo p . denault', '$ 600000', '5.0% ( 5.0 % )', '$ 630000'], ['richard j . smith', '$ 622400', '3.5% ( 3.5 % )', '$ 645000'], ['e . renae conley', '$ 392000', '4.0% ( 4.0 % )', '$ 407680'], ['hugh t . mcdonald', '$ 311992', '3.2% ( 3.2 % )', '$ 322132'], ['joseph f . domino', '$ 307009', '3.5% ( 3.5 % )', '$ 317754'], ['roderick k . west', '$ 276000', '13.75% ( 13.75 % )', '$ 315000'], ['theodore h . bunting jr .', '$ 325000', '5.2% ( 5.2 % )', '$ 341900'], ['haley fisackerly', '$ 205004', '32.9% ( 32.9 % )', '$ 275000'], ['carolyn shanks', '$ 307009', '3.3% ( 3.3 % )', '$ 317140'], ['jay a . lewis', '$ 207000', '3.24% ( 3.24 % )', '$ 213707']]\n\nFollowing Text:\nin addition to the market-based and other factors described above , the following factors were considered by the committee with respect to the officers identified below : mr .\nleonard's salary was increased due to the personnel committee's assessment of , among other things , his strong performance as chief executive officer of entergy corporation , entergy corporation's financial and operational performance in 2007 and comparative market data on base salaries for chief executive officers .\nin may , 2008 , carolyn shanks resigned as ceo - entergy mississippi and accepted a conditional offer of employment at enexus energy corporation .\nupon her resignation , mr .\nfisackerly was promoted to president and ceo of entergy mississippi , and mr .\nfisackerly's salary was increased to reflect the increased responsibilities of his new position and comparative market and internal data for officers holding similar positions and performing similar responsibilities .\nin the third quarter of 2008 , mr .\nbunting took on the role of principal financial officer for the subsidiaries replacing mr .\nlewis in that position .\nin the third quarter of 2008 , mr .\nlewis assumed a position with enexus energy corporation .\nmr .\nwest's salary was increased to reflect his performance as ceo - entergy new orleans , the strategic challenges facing entergy new orleans and the importance of retaining mr .\nwest to manage these challenges and to retain internal competitiveness of mr .\nwest's salary with officers in the company holding similar positions. .\n\nQuestion: what is the difference between the highest and the lowest base salary in 2008?",
        "solution": "1077793"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2012/page_56.pdf\n\nID: AMT/2012/page_56.pdf-1\n\nPrevious Text:\ncontinue to be deployed as wireless service providers are beginning their investments in 3g data networks .\nsimilarly , in ghana and uganda , wireless service providers continue to build out their voice and data networks in order to satisfy increasing demand for wireless services .\nin south africa , where voice networks are in a more advanced stage of development , carriers are beginning to deploy 3g data networks across spectrum acquired in recent spectrum auctions .\nin mexico and brazil , where nationwide voice networks have also been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers to begin their initial investments in 3g data networks .\nin markets such as chile , peru and colombia , recent or anticipated spectrum auctions are expected to drive investment in nationwide voice and 3g data networks .\nin germany , our most mature international wireless market , demand is currently being driven by a government-mandated rural fourth generation network build-out , as well as other tenant initiatives to deploy next generation wireless services .\nwe believe incremental demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .\nrental and management operations new site revenue growth .\nduring the year ended december 31 , 2012 , we grew our portfolio of communications real estate through acquisitions and construction activities , including the acquisition and construction of approximately 8810 sites .\nin a majority of our international markets , the acquisition or construction of new sites results in increased pass-through revenues and expenses .\nwe continue to evaluate opportunities to acquire larger communications real estate portfolios , both domestically and internationally , to determine whether they meet our risk adjusted hurdle rates and whether we believe we can effectively integrate them into our existing portfolio. .\n\nTable Data:\n[['new sites ( acquired or constructed )', '2012', '2011', '2010'], ['domestic', '960', '470', '950'], ['international ( 1 )', '7850', '10000', '6870']]\n\nFollowing Text:\n( 1 ) the majority of sites acquired or constructed in 2012 were in brazil , germany , india and uganda ; in 2011 were in brazil , colombia , ghana , india , mexico and south africa ; and in 2010 were in chile , colombia , india and peru .\nnetwork development services segment revenue growth .\nas we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a relatively small percentage of our total revenues .\nthrough our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites , including in connection with provider network upgrades .\nrental and management operations expenses .\ndirect operating expenses incurred by our domestic and international rental and management segments include direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance , security and power and fuel costs , some of which may be passed through to our tenants .\nthese segment direct operating expenses exclude all segment and corporate selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense in our consolidated statements of operations .\nin general , our domestic and international rental and management segments selling , general , administrative and development expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .\nas a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .\nwe may incur additional segment selling , general , administrative and development expenses as we increase our presence in geographic areas where we have recently launched operations or are focused on expanding our portfolio .\nour profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities. .\n\nQuestion: in 2012 , what percent of new sites were foreign?",
        "solution": "89%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ALLE/2016/page_29.pdf\n\nID: ALLE/2016/page_29.pdf-1\n\nPrevious Text:\nseasonality our business experiences seasonality that varies by product line .\nbecause more construction and do-it-yourself projects occur during the second and third calendar quarters of each year in the northern hemisphere , our security product sales , typically , are higher in those quarters than in the first and fourth calendar quarters .\nhowever , our interflex business typically experiences higher sales in the fourth calendar quarter due to project timing .\nrevenue by quarter for the years ended december 31 , 2016 , 2015 and 2014 are as follows: .\n\nTable Data:\n[['', 'first quarter', 'second quarter', 'third quarter', 'fourth quarter'], ['2016', '22% ( 22 % )', '26% ( 26 % )', '26% ( 26 % )', '26% ( 26 % )'], ['2015', '22% ( 22 % )', '25% ( 25 % )', '26% ( 26 % )', '27% ( 27 % )'], ['2014', '22% ( 22 % )', '25% ( 25 % )', '26% ( 26 % )', '27% ( 27 % )']]\n\nFollowing Text:\nemployees as of december 31 , 2016 , we had more than 9400 employees .\nenvironmental regulation we have a dedicated environmental program that is designed to reduce the utilization and generation of hazardous materials during the manufacturing process as well as to remediate identified environmental concerns .\nas to the latter , we are currently engaged in site investigations and remediation activities to address environmental cleanup from past operations at current and former production facilities .\nthe company regularly evaluates its remediation programs and considers alternative remediation methods that are in addition to , or in replacement of , those currently utilized by the company based upon enhanced technology and regulatory changes .\nwe are sometimes a party to environmental lawsuits and claims and have received notices of potential violations of environmental laws and regulations from the u.s .\nenvironmental protection agency ( the \"epa\" ) and similar state authorities .\nwe have also been identified as a potentially responsible party ( \"prp\" ) for cleanup costs associated with off-site waste disposal at federal superfund and state remediation sites .\nfor all such sites , there are other prps and , in most instances , our involvement is minimal .\nin estimating our liability , we have assumed that we will not bear the entire cost of remediation of any site to the exclusion of other prps who may be jointly and severally liable .\nthe ability of other prps to participate has been taken into account , based on our understanding of the parties 2019 financial condition and probable contributions on a per site basis .\nadditional lawsuits and claims involving environmental matters are likely to arise from time to time in the future .\nwe incurred $ 23.3 million , $ 4.4 million , and $ 2.9 million of expenses during the years ended december 31 , 2016 , 2015 , and 2014 , respectively , for environmental remediation at sites presently or formerly owned or leased by us .\nas of december 31 , 2016 and 2015 , we have recorded reserves for environmental matters of $ 30.6 million and $ 15.2 million .\nof these amounts $ 9.6 million and $ 2.8 million , respectively , relate to remediation of sites previously disposed by us .\ngiven the evolving nature of environmental laws , regulations and technology , the ultimate cost of future compliance is uncertain .\navailable information we are required to file annual , quarterly , and current reports , proxy statements , and other documents with the u.s .\nsecurities and exchange commission ( \"sec\" ) .\nthe public may read and copy any materials filed with the sec at the sec 2019s public reference room at 100 f street , n.e. , washington , d.c .\n20549 .\nthe public may obtain information on the operation of the public reference room by calling the sec at 1-800-sec-0330 .\nalso , the sec maintains an internet website that contains reports , proxy and information statements , and other information regarding issuers that file electronically with the sec .\nthe public can obtain any documents that are filed by us at http://www.sec.gov .\nin addition , this annual report on form 10-k , as well as future quarterly reports on form 10-q , current reports on form 8-k and any amendments to all of the foregoing reports , are made available free of charge on our internet website ( http://www.allegion.com ) as soon as reasonably practicable after such reports are electronically filed with or furnished to the sec .\nthe contents of our website are not incorporated by reference in this report. .\n\nQuestion: considering the year 2016 , what is the average revenue?",
        "solution": "25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_87.pdf\n\nID: ADBE/2014/page_87.pdf-4\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2014 and 2013 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : .\n\nTable Data:\n[['', '2014', '2013'], ['beginning balance', '$ 136098', '$ 160468'], ['gross increases in unrecognized tax benefits 2013 prior year tax positions', '144', '20244'], ['gross increases in unrecognized tax benefits 2013 current year tax positions', '18877', '16777'], ['settlements with taxing authorities', '-995 ( 995 )', '-55851 ( 55851 )'], ['lapse of statute of limitations', '-1630 ( 1630 )', '-4066 ( 4066 )'], ['foreign exchange gains and losses', '-3646 ( 3646 )', '-1474 ( 1474 )'], ['ending balance', '$ 148848', '$ 136098']]\n\nFollowing Text:\nas of november 28 , 2014 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 14.6 million .\nwe file income tax returns in the u.s .\non a federal basis and in many u.s .\nstate and foreign jurisdictions .\nwe are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities .\nour major tax jurisdictions are ireland , california and the u.s .\nfor ireland , california and the u.s. , the earliest fiscal years open for examination are 2008 , 2008 and 2010 , respectively .\nwe regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations .\nwe believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position .\nin july 2013 , a u.s .\nincome tax examination covering fiscal 2008 and 2009 was completed .\nour accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable .\nwe settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 .\nthe timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process .\nthese events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities .\nwe believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both .\ngiven the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million .\nnote 10 .\nrestructuring fiscal 2014 restructuring plan in the fourth quarter of fiscal 2014 , in order to better align our global resources for digital media and digital marketing , we initiated a restructuring plan to vacate our research and development facility in china and our sales and marketing facility in russia .\nthis plan consisted of reductions of approximately 350 full-time positions and we recorded restructuring charges of approximately $ 18.8 million related to ongoing termination benefits for the positions eliminated .\nduring fiscal 2015 , we intend to vacate both of these facilities .\nthe amount accrued for the fair value of future contractual obligations under these operating leases was insignificant .\nother restructuring plans during the past several years , we have implemented other restructuring plans consisting of reductions in workforce and the consolidation of facilities to better align our resources around our business strategies .\nas of november 28 , 2014 , we considered our other restructuring plans to be substantially complete .\nwe continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant. .\n\nQuestion: in thousands , what was the change between years in gross increases in unrecognized tax benefits 2013 prior year tax positions?",
        "solution": "-20100"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2012/page_47.pdf\n\nID: PPG/2012/page_47.pdf-3\n\nPrevious Text:\n2012 ppg annual report and form 10-k 45 costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nin august 2010 , ppg entered into a three-year credit agreement with several banks and financial institutions ( the \"2010 credit agreement\" ) which was subsequently terminated in july 2012 .\nthe 2010 credit agreement provided for a $ 1.2 billion unsecured revolving credit facility .\nin connection with entering into the 2010 credit agreement , the company terminated its 20ac650 million and its $ 1 billion revolving credit facilities that were each set to expire in 2011 .\nthere were no outstanding amounts due under either revolving facility at the times of their termination .\nthe 2010 credit agreement was set to terminate on august 5 , 2013 .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 705 million of which $ 34 million was used as of december 31 , 2012 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2012 and 2011 , was as follows: .\n\nTable Data:\n[['( millions )', '2012', '2011'], ['other weighted average 2.27% ( 2.27 % ) as of dec . 31 2012 and 3.72% ( 3.72 % ) as of december 31 2011', '$ 39', '$ 33'], ['total', '$ 39', '$ 33']]\n\nFollowing Text:\nppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2012 , total indebtedness was 42% ( 42 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2012 , 2011 and 2010 totaled $ 219 million , $ 212 million and $ 189 million , respectively .\nin october 2009 , the company entered into an agreement with a counterparty to repurchase up to 1.2 million shares of the company 2019s stock of which 1.1 million shares were purchased in the open market ( 465006 of these shares were purchased as of december 31 , 2009 at a weighted average price of $ 56.66 per share ) .\nthe counterparty held the shares until september of 2010 when the company paid $ 65 million and took possession of these shares .\nrental expense for operating leases was $ 233 million , $ 249 million and $ 233 million in 2012 , 2011 and 2010 , respectively .\nthe primary leased assets include paint stores , transportation equipment , warehouses and other distribution facilities , and office space , including the company 2019s corporate headquarters located in pittsburgh , pa .\nminimum lease commitments for operating leases that have initial or remaining lease terms in excess of one year as of december 31 , 2012 , are ( in millions ) $ 171 in 2013 , $ 135 in 2014 , $ 107 in 2015 , $ 83 in 2016 , $ 64 in 2017 and $ 135 thereafter .\nthe company had outstanding letters of credit and surety bonds of $ 119 million as of december 31 , 2012 .\nthe letters of credit secure the company 2019s performance to third parties under certain self-insurance programs and other commitments made in the ordinary course of business .\nas of december 31 , 2012 and 2011 , guarantees outstanding were $ 96 million and $ 90 million , respectively .\nthe guarantees relate primarily to debt of certain entities in which ppg has an ownership interest and selected customers of certain of the company 2019s businesses .\na portion of such debt is secured by the assets of the related entities .\nthe carrying values of these guarantees were $ 11 million and $ 13 million as of december 31 , 2012 and 2011 , respectively , and the fair values were $ 11 million and $ 21 million , as of december 31 , 2012 and 2011 , respectively .\nthe fair value of each guarantee was estimated by comparing the net present value of two hypothetical cash flow streams , one based on ppg 2019s incremental borrowing rate and the other based on the borrower 2019s incremental borrowing rate , as of the effective date of the guarantee .\nboth streams were discounted at a risk free rate of return .\nthe company does not believe any loss related to these letters of credit , surety bonds or guarantees is likely .\n9 .\nfair value measurement the accounting guidance on fair value measurements establishes a hierarchy with three levels of inputs used to determine fair value .\nlevel 1 inputs are quoted prices ( unadjusted ) in active markets for identical assets and liabilities , are considered to be the most reliable evidence of fair value , and should be used whenever available .\nlevel 2 inputs are observable prices that are not quoted on active exchanges .\nlevel 3 inputs are unobservable inputs employed for measuring the fair value of assets or liabilities .\ntable of contents notes to the consolidated financial statements .\n\nQuestion: what was the change in millions of rental expense for operating leases from 2010 to 2011?",
        "solution": "16"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2014/page_89.pdf\n\nID: AAL/2014/page_89.pdf-1\n\nPrevious Text:\ntable of contents interest expense , net of capitalized interest decreased $ 129 million , or 18.1% ( 18.1 % ) , in 2014 from the 2013 period primarily due to a $ 63 million decrease in special charges recognized period-over-period as further described below , as well as refinancing activities that resulted in $ 65 million less interest expense recognized in 2014 .\nin 2014 , american recognized $ 29 million of special charges relating to non-cash interest accretion on bankruptcy settlement obligations .\nin 2013 , american recognized $ 48 million of special charges relating to post-petition interest expense on unsecured obligations pursuant to the plan and penalty interest related to american 2019s 10.5% ( 10.5 % ) secured notes and 7.50% ( 7.50 % ) senior secured notes .\nin addition , in 2013 american recorded special charges of $ 44 million for debt extinguishment costs incurred as a result of the repayment of certain aircraft secured indebtedness , including cash interest charges and non-cash write offs of unamortized debt issuance costs .\nas a result of the 2013 refinancing activities and the early extinguishment of american 2019s 7.50% ( 7.50 % ) senior secured notes in 2014 , american recognized $ 65 million less interest expense in 2014 as compared to the 2013 period .\nother nonoperating expense , net of $ 153 million in 2014 consisted principally of net foreign currency losses of $ 92 million and early debt extinguishment charges of $ 48 million .\nother nonoperating expense , net of $ 84 million in 2013 consisted principally of net foreign currency losses of $ 55 million and early debt extinguishment charges of $ 29 million .\nother nonoperating expense , net increased $ 69 million , or 81.0% ( 81.0 % ) , during 2014 primarily due to special charges recognized as a result of early debt extinguishment and an increase in foreign currency losses driven by the strengthening of the u.s .\ndollar in foreign currency transactions , principally in latin american markets .\namerican recorded a $ 43 million special charge for venezuelan foreign currency losses in 2014 .\nsee part ii , item 7a .\nquantitative and qualitative disclosures about market risk for further discussion of our cash held in venezuelan bolivars .\nin addition , american 2019s nonoperating special items included $ 48 million in special charges in the 2014 primarily related to the early extinguishment of american 2019s 7.50% ( 7.50 % ) senior secured notes and other indebtedness .\nreorganization items , net reorganization items refer to revenues , expenses ( including professional fees ) , realized gains and losses and provisions for losses that are realized or incurred as a direct result of the chapter 11 cases .\nthe following table summarizes the components included in reorganization items , net on american 2019s consolidated statement of operations for the year ended december 31 , 2013 ( in millions ) : .\n\nTable Data:\n[['', '2013'], ['labor-related deemed claim ( 1 )', '$ 1733'], ['aircraft and facility financing renegotiations and rejections ( 2 ) ( 3 )', '320'], ['fair value of conversion discount ( 4 )', '218'], ['professional fees', '199'], ['other', '170'], ['total reorganization items net', '$ 2640']]\n\nFollowing Text:\n( 1 ) in exchange for employees 2019 contributions to the successful reorganization , including agreeing to reductions in pay and benefits , american agreed in the plan to provide each employee group a deemed claim , which was used to provide a distribution of a portion of the equity of the reorganized entity to those employees .\neach employee group received a deemed claim amount based upon a portion of the value of cost savings provided by that group through reductions to pay and benefits as well as through certain work rule changes .\nthe total value of this deemed claim was approximately $ 1.7 billion .\n( 2 ) amounts include allowed claims ( claims approved by the bankruptcy court ) and estimated allowed claims relating to ( i ) the rejection or modification of financings related to aircraft and ( ii ) entry of orders treated as unsecured claims with respect to facility agreements supporting certain issuances of special facility revenue bonds .\nthe debtors recorded an estimated claim associated with the rejection or modification of a financing or facility agreement when the applicable motion was filed with the bankruptcy court to reject or modify .\n\nQuestion: what percentage of total reorganization items net consisted of aircraft and facility financing renegotiations and rejections?",
        "solution": "12.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_81.pdf\n\nID: LMT/2013/page_81.pdf-2\n\nPrevious Text:\nas of december 31 , 2013 and 2012 , our liabilities associated with unrecognized tax benefits are not material .\nwe and our subsidiaries file income tax returns in the u.s .\nfederal jurisdiction and various foreign jurisdictions .\nwith few exceptions , the statute of limitations is no longer open for u.s .\nfederal or non-u.s .\nincome tax examinations for the years before 2010 , other than with respect to refunds .\nu.s .\nincome taxes and foreign withholding taxes have not been provided on earnings of $ 222 million , $ 211 million , and $ 193 million that have not been distributed by our non-u.s .\ncompanies as of december 31 , 2013 , 2012 , and 2011 .\nour intention is to permanently reinvest these earnings , thereby indefinitely postponing their remittance to the u.s .\nif these earnings were remitted , we estimate that the additional income taxes after foreign tax credits would have been approximately $ 50 million in 2013 , $ 45 million in 2012 , and $ 41 million in 2011 .\nour federal and foreign income tax payments , net of refunds received , were $ 787 million in 2013 , $ 890 million in 2012 , and $ 722 million in 2011 .\nour 2013 net payments reflect a $ 550 million refund from the irs primarily attributable to our tax-deductible discretionary pension contributions during the fourth quarter of 2012 ; our 2012 net payments reflect a $ 153 million refund from the irs related to a 2011 capital loss carryback claim ; and our 2011 net payments reflect a $ 250 million refund from the irs related to estimated taxes paid for 2010 .\nas of december 31 , 2013 and 2012 , we had federal and foreign taxes receivable of $ 313 million and $ 662 million recorded within other current assets on our balance sheet , primarily attributable to our tax-deductible discretionary pension contributions in the fourth quarter of 2013 and 2012 and our debt exchange transaction in the fourth quarter of 2012 .\nnote 9 2013 debt our long-term debt consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2013', '2012'], ['notes with rates from 2.13% ( 2.13 % ) to 6.15% ( 6.15 % ) due 2016 to 2042', '$ 5642', '$ 5642'], ['notes with rates from 7.00% ( 7.00 % ) to 7.75% ( 7.75 % ) due 2016 to 2036', '916', '930'], ['notes with a rate of 7.38% ( 7.38 % ) due 2013', '2014', '150'], ['other debt', '476', '478'], ['total long-term debt', '7034', '7200'], ['less : unamortized discounts', '-882 ( 882 )', '-892 ( 892 )'], ['total long-term debt net of unamortized discounts', '6152', '6308'], ['less : current maturities of long-term debt', '2014', '-150 ( 150 )'], ['total long-term debt net', '$ 6152', '$ 6158']]\n\nFollowing Text:\nin december 2012 , we issued notes totaling $ 1.3 billion with a fixed interest rate of 4.07% ( 4.07 % ) maturing in december 2042 ( the new notes ) in exchange for outstanding notes totaling $ 1.2 billion with interest rates ranging from 5.50% ( 5.50 % ) to 8.50% ( 8.50 % ) maturing in 2023 to 2040 ( the old notes ) .\nin connection with the exchange , we paid a premium of $ 393 million , of which $ 225 million was paid in cash and $ 168 million was in the form of new notes .\nthis premium , in addition to $ 194 million in remaining unamortized discounts related to the old notes , will be amortized as additional interest expense over the term of the new notes using the effective interest method .\nwe may , at our option , redeem some or all of the new notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest .\ninterest on the new notes is payable on june 15 and december 15 of each year , beginning on june 15 , 2013 .\nthe new notes are unsecured senior obligations and rank equally in right of payment with all of our existing and future unsecured and unsubordinated indebtedness .\nin september 2011 , we issued $ 2.0 billion of long-term notes in a registered public offering and in october 2011 , we used a portion of the proceeds to redeem all of our $ 500 million long-term notes maturing in 2013 .\nin 2011 , we repurchased $ 84 million of our long-term notes through open-market purchases .\nwe paid premiums of $ 48 million in connection with the early extinguishments of debt , which were recognized in other non-operating income ( expense ) , net .\nat december 31 , 2013 and 2012 , we had in place with a group of banks a $ 1.5 billion revolving credit facility that expires in august 2016 .\nwe may request and the banks may grant , at their discretion , an increase to the credit facility by an additional amount up to $ 500 million .\nthere were no borrowings outstanding under the credit facility through december 31 , 2013 .\nborrowings under the credit facility would be unsecured and bear interest at rates based , at our option , on a eurodollar rate or a base rate , as defined in the credit facility .\neach bank 2019s obligation to make loans under the credit facility is subject .\n\nQuestion: what was the change in millions of total long-term debt net between 2012 and 2013?",
        "solution": "-6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2018/page_41.pdf\n\nID: AON/2018/page_41.pdf-3\n\nPrevious Text:\n( 1 ) adjusted other income ( expense ) excludes pension settlement charges of $ 37 million , $ 128 million , and $ 220 million , for the years ended 2018 , 2017 , and 2016 , respectively .\n( 2 ) adjusted items are generally taxed at the estimated annual effective tax rate , except for the applicable tax impact associated with estimated restructuring plan expenses , legacy litigation , accelerated tradename amortization , impairment charges and non-cash pension settlement charges , which are adjusted at the related jurisdictional rates .\nin addition , tax expense excludes the tax impacts from the sale of certain assets and liabilities previously classified as held for sale as well as the tax adjustments recorded to finalize the 2017 accounting for the enactment date impact of the tax reform act recorded pursuant torr sab 118 .\n( 3 ) adjusted net income from discontinued operations excludes the gain on sale of discontinued operations of $ 82 million , $ 779 million , and $ 0 million for the years ended 2018 , 2017 , and 2016 , respectively .\nadjusted net income from discontinued operations excludes intangible asset amortization of $ 0 million , $ 11rr million , and $ 120 million for the twelve months ended december 31 , 2018 , 2017 , and 2016 , respectively .\nthe effective tax rate was further adjusted for the applicable tax impact associated with the gain on sale and intangible asset amortization , as applicable .\nfree cash flow we use free cash flow , defined as cash flow provided by operations minus capital expenditures , as a non-gaap measure of our core operating performance and cash generating capabilities of our business operations .\nthis supplemental information related to free cash flow represents a measure not in accordance with u.s .\ngaap and should be viewed in addition to , not instead of , our financial statements .\nthe use of this non-gaap measure does not imply or represent the residual cash flow for discretionary expenditures .\na reconciliation of this non-gaap measure to cash flow provided by operations is as follows ( in millions ) : .\n\nTable Data:\n[['years ended december 31', '2018', '2017', '2016'], ['cash provided by continuing operating activities', '$ 1686', '$ 669', '$ 1829'], ['capital expenditures used for continuing operations', '-240 ( 240 )', '-183 ( 183 )', '-156 ( 156 )'], ['free cash flow provided by continuing operations', '$ 1446', '$ 486', '$ 1673']]\n\nFollowing Text:\nimpact of foreign currency exchange rate fluctuations we conduct business in more than 120 countries and sovereignties and , because of this , foreign currency exchange rate fluctuations have a significant impact on our business .\nforeign currency exchange rate movements may be significant and may distort true period-to-period comparisons of changes in revenue or pretax income .\ntherefore , to give financial statement users meaningful information about our operations , we have provided an illustration of the impact of foreign currency exchange rate fluctuations on our financial results .\nthe methodology used to calculate this impact isolates the impact of the change in currencies between periods by translating the prior year 2019s revenue , expenses , and net income using the current year 2019s foreign currency exchange rates .\ntranslating prior year results at current year foreign currency exchange rates , currency fluctuations had a $ 0.08 favorable impact on net income per diluted share during the year ended december 31 , 2018 .\ncurrency fluctuations had a $ 0.12 favorable impact on net income per diluted share during the year ended december 31 , 2017 , when 2016 results were translated at 2017 rates .\ncurrency fluctuations had no impact on net income per diluted share during the year ended december 31 , 2016 , when 2015 results were translated at 2016 rates .\ntranslating prior year results at current year foreign currency exchange rates , currency fluctuations had a $ 0.09 favorable impact on adjusted net income per diluted share during the year ended december 31 , 2018 .\ncurrency fluctuations had a $ 0.08 favorable impact on adjusted net income per diluted share during the year ended december 31 , 2017 , when 2016 results were translated at 2017 rates .\ncurrency fluctuations had a $ 0.04 unfavorable impact on adjusted net income per diluted share during the year ended december 31 , 2016 , when 2015 results were translated at 2016 rates .\nthese translations are performed for comparative purposes only and do not impact the accounting policies or practices for amounts included in the financial statements .\ncompetition and markets authority the u.k . 2019s competition regulator , the competition and markets authority ( the 201ccma 201d ) , conducted a market investigation into the supply and acquisition of investment consulting and fiduciary management services , including those offered by aon and its competitors in the u.k. , to assess whether any feature or combination of features in the target market prevents , restricts , or distorts competition .\nthe cma issued a final report on december 12 , 2018 .\nthe cma will draft a series of orders that will set out the detailed remedies , expected in first quarter of 2019 , when they will be subject to further public consultation .\nwe do not anticipate the remedies to have a significant impact on the company 2019s consolidated financial position or business .\nfinancial conduct authority the fca is conducting a market study to assess how effectively competition is working in the wholesale insurance broker sector in the u.k .\nin which aon , through its subsidiaries , participates .\nthe fca has indicated that the purpose of a market study is to assess the extent to which the market is working well in the interests of customers and to identify features of the market that may impact competition .\ndepending on the study 2019s findings , the fca may require remedies in order to correct any features found .\n\nQuestion: considering the years 2017 and 2018 , what is the percentual increase observed in capital expenditures used for continuing operations?",
        "solution": "31.14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2010/page_114.pdf\n\nID: CB/2010/page_114.pdf-1\n\nPrevious Text:\nthe following table reports the significant movements in our shareholders 2019 equity for the year ended december 31 , 2010. .\n\nTable Data:\n[['( in millions of u.s . dollars )', '2010'], ['balance beginning of year', '$ 19667'], ['net income', '3108'], ['dividends declared on common shares', '-443 ( 443 )'], ['change in net unrealized appreciation ( depreciation ) on investments net of tax', '742'], ['repurchase of shares', '-303 ( 303 )'], ['other movements net of tax', '203'], ['balance end of year', '$ 22974']]\n\nFollowing Text:\ntotal shareholders 2019 equity increased $ 3.3 billion in 2010 , primarily due to net income of $ 3.1 billion and the change in net unrealized appreciation on investments of $ 742 million .\nshort-term debt at december 31 , 2010 , in connection with the financing of the rain and hail acquisition , short-term debt includes reverse repurchase agreements totaling $ 1 billion .\nin addition , $ 300 million in borrowings against ace 2019s revolving credit facility were outstanding at december 31 , 2010 .\nat december 31 , 2009 , short-term debt consisted of a five-year term loan which we repaid in december 2010 .\nlong-term debt our total long-term debt increased by $ 200 million during the year to $ 3.4 billion and is described in detail in note 9 to the consolidated financial statements , under item 8 .\nin november 2010 , ace ina issued $ 700 million of 2.6 percent senior notes due november 2015 .\nthese senior unsecured notes are guaranteed on a senior basis by the company and they rank equally with all of the company 2019s other senior obligations .\nin april 2008 , as part of the financing of the combined insurance acquisition , ace ina entered into a $ 450 million float- ing interest rate syndicated term loan agreement due april 2013 .\nsimultaneously , the company entered into a swap transaction that had the economic effect of fixing the interest rate for the term of the loan .\nin december 2010 , ace repaid this loan and exited the swap .\nin december 2008 , ace ina entered into a $ 66 million dual tranche floating interest rate term loan agreement .\nthe first tranche , a $ 50 million three-year term loan due december 2011 , had a floating interest rate .\nsimultaneously , the company entered into a swap transaction that had the economic effect of fixing the interest rate for the term of the loan .\nin december 2010 , ace repaid this loan and exited the swap .\nthe second tranche , a $ 16 million nine-month term loan , was due and repaid in september 2009 .\ntrust preferred securities the securities outstanding consist of $ 300 million of trust preferred securities due 2030 , issued by a special purpose entity ( a trust ) that is wholly owned by us .\nthe sole assets of the special purpose entity are debt instruments issued by one or more of our subsidiaries .\nthe special purpose entity looks to payments on the debt instruments to make payments on the preferred securities .\nwe have guaranteed the payments on these debt instruments .\nthe trustees of the trust include one or more of our officers and at least one independent trustee , such as a trust company .\nour officers serving as trustees of the trust do not receive any compensation or other remuneration for their services in such capacity .\nthe full $ 309 million of outstanding trust preferred securities ( calculated as $ 300 million as discussed above plus our equity share of the trust ) is shown on our con- solidated balance sheet as a liability .\nadditional information with respect to the trust preferred securities is contained in note 9 d ) to the consolidated financial statements , under item 8 .\ncommon shares our common shares had a par value of chf 30.57 each at december 31 , 2010 .\nat the annual general meeting held in may 2010 , the company 2019s shareholders approved a par value reduction in an aggregate swiss franc amount , pursuant to a formula , equal to $ 1.32 per share , which we refer to as the base annual divi- dend .\nthe base annual dividend is payable in four installments , provided that each of the swiss franc installments will be .\n\nQuestion: what is the net change in shareholders 2019 equity in 2010 ( in millions ) ?",
        "solution": "3307"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2018/page_71.pdf\n\nID: ADBE/2018/page_71.pdf-1\n\nPrevious Text:\ntable of contents adobe inc .\nnotes to consolidated financial statements ( continued ) the table below represents the preliminary purchase price allocation to the acquired net tangible and intangible assets of marketo based on their estimated fair values as of the acquisition date and the associated estimated useful lives at that date .\nthe fair values assigned to assets acquired and liabilities assumed are based on management 2019s best estimates and assumptions as of the reporting date and are considered preliminary pending finalization of valuation analyses pertaining to intangible assets acquired , deferred revenue and tax liabilities assumed including the calculation of deferred tax assets and liabilities .\n( in thousands ) amount weighted average useful life ( years ) .\n\nTable Data:\n[['( in thousands )', 'amount', 'weighted average useful life ( years )'], ['customer contracts and relationships', '$ 576900', '11'], ['purchased technology', '444500', '7'], ['backlog', '105800', '2'], ['non-competition agreements', '12100', '2'], ['trademarks', '328500', '9'], ['total identifiable intangible assets', '1467800', ''], ['net liabilities assumed', '-191288 ( 191288 )', 'n/a'], ['goodwill ( 1 )', '3459751', 'n/a'], ['total estimated purchase price', '$ 4736263', '']]\n\nFollowing Text:\n_________________________________________ ( 1 ) non-deductible for tax-purposes .\nidentifiable intangible assets 2014customer relationships consist of marketo 2019s contractual relationships and customer loyalty related to their enterprise and commercial customers as well as technology partner relationships .\nthe estimated fair value of the customer contracts and relationships was determined based on projected cash flows attributable to the asset .\npurchased technology acquired primarily consists of marketo 2019s cloud-based engagement marketing software platform .\nthe estimated fair value of the purchased technology was determined based on the expected future cost savings resulting from ownership of the asset .\nbacklog relates to subscription contracts and professional services .\nnon-compete agreements include agreements with key marketo employees that preclude them from competing against marketo for a period of two years from the acquisition date .\ntrademarks include the marketo trade name , which is well known in the marketing ecosystem .\nwe amortize the fair value of these intangible assets on a straight-line basis over their respective estimated useful lives .\ngoodwill 2014approximately $ 3.46 billion has been allocated to goodwill , and has been allocated in full to the digital experience reportable segment .\ngoodwill represents the excess of the purchase price over the fair value of the underlying acquired net tangible and intangible assets .\nthe factors that contributed to the recognition of goodwill included securing buyer-specific synergies that increase revenue and profits and are not otherwise available to a marketplace participant , acquiring a talented workforce and cost savings opportunities .\nnet liabilities assumed 2014marketo 2019s tangible assets and liabilities as of october 31 , 2018 were reviewed and adjusted to their fair value as necessary .\nthe net liabilities assumed included , among other items , $ 100.1 million in accrued expenses , $ 74.8 million in deferred revenue and $ 182.6 million in deferred tax liabilities , which were partially offset by $ 54.9 million in cash and cash equivalents and $ 72.4 million in trade receivables acquired .\ndeferred revenue 2014included in net liabilities assumed is marketo 2019s deferred revenue which represents advance payments from customers related to subscription contracts and professional services .\nwe estimated our obligation related to the deferred revenue using the cost build-up approach .\nthe cost build-up approach determines fair value by estimating the direct and indirect costs related to supporting the obligation plus an assumed operating margin .\nthe sum of the costs and assumed operating profit approximates , in theory , the amount that marketo would be required to pay a third party to assume the obligation .\nthe estimated costs to fulfill the obligation were based on the near-term projected cost structure for subscription and professional services .\nas a result , we recorded an adjustment to reduce marketo 2019s carrying value of deferred revenue to $ 74.8 million , which represents our estimate of the fair value of the contractual obligations assumed based on a preliminary valuation. .\n\nQuestion: what portion of the total estimated purchase price is dedicated to goodwill?",
        "solution": "73.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LLY/2018/page_42.pdf\n\nID: LLY/2018/page_42.pdf-2\n\nPrevious Text:\nfinancial statement impact we believe that our accruals for sales returns , rebates , and discounts are reasonable and appropriate based on current facts and circumstances .\nour global rebate and discount liabilities are included in sales rebates and discounts on our consolidated balance sheet .\nour global sales return liability is included in other current liabilities and other noncurrent liabilities on our consolidated balance sheet .\nas of december 31 , 2018 , a 5 percent change in our global sales return , rebate , and discount liability would have led to an approximate $ 275 million effect on our income before income taxes .\nthe portion of our global sales return , rebate , and discount liability resulting from sales of our products in the u.s .\nwas approximately 90 percent as of december 31 , 2018 and december 31 , 2017 .\nthe following represents a roll-forward of our most significant u.s .\npharmaceutical sales return , rebate , and discount liability balances , including managed care , medicare , and medicaid: .\n\nTable Data:\n[['( dollars in millions )', '2018', '2017'], ['sales return rebate and discount liabilities beginning of year', '$ 4172.0', '$ 3601.8'], ['reduction of net sales due to sales returns discounts and rebates ( 1 )', '12529.6', '10603.4'], ['cash payments of discounts and rebates', '-12023.4 ( 12023.4 )', '-10033.2 ( 10033.2 )'], ['sales return rebate and discount liabilities end of year', '$ 4678.2', '$ 4172.0']]\n\nFollowing Text:\n( 1 ) adjustments of the estimates for these returns , rebates , and discounts to actual results were approximately 1 percent of consolidated net sales for each of the years presented .\nproduct litigation liabilities and other contingencies background and uncertainties product litigation liabilities and other contingencies are , by their nature , uncertain and based upon complex judgments and probabilities .\nthe factors we consider in developing our product litigation liability reserves and other contingent liability amounts include the merits and jurisdiction of the litigation , the nature and the number of other similar current and past matters , the nature of the product and the current assessment of the science subject to the litigation , and the likelihood of settlement and current state of settlement discussions , if any .\nin addition , we accrue for certain product liability claims incurred , but not filed , to the extent we can formulate a reasonable estimate of their costs based primarily on historical claims experience and data regarding product usage .\nwe accrue legal defense costs expected to be incurred in connection with significant product liability contingencies when both probable and reasonably estimable .\nwe also consider the insurance coverage we have to diminish the exposure for periods covered by insurance .\nin assessing our insurance coverage , we consider the policy coverage limits and exclusions , the potential for denial of coverage by the insurance company , the financial condition of the insurers , and the possibility of and length of time for collection .\ndue to a very restrictive market for product liability insurance , we are self-insured for product liability losses for all our currently marketed products .\nin addition to insurance coverage , we also consider any third-party indemnification to which we are entitled or under which we are obligated .\nwith respect to our third-party indemnification rights , these considerations include the nature of the indemnification , the financial condition of the indemnifying party , and the possibility of and length of time for collection .\nthe litigation accruals and environmental liabilities and the related estimated insurance recoverables have been reflected on a gross basis as liabilities and assets , respectively , on our consolidated balance sheets .\nimpairment of indefinite-lived and long-lived assets background and uncertainties we review the carrying value of long-lived assets ( both intangible and tangible ) for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the carrying value of an asset ( or asset group ) may not be recoverable .\nwe identify impairment by comparing the projected undiscounted cash flows to be generated by the asset ( or asset group ) to its carrying value .\nif an impairment is identified , a loss is recorded equal to the excess of the asset 2019s net book value over its fair value , and the cost basis is adjusted .\ngoodwill and indefinite-lived intangible assets are reviewed for impairment at least annually and when certain impairment indicators are present .\nwhen required , a comparison of fair value to the carrying amount of assets is performed to determine the amount of any impairment. .\n\nQuestion: what was the percentage change in reduction of net sales due to sales returns discounts and rebates between 2017 and 2018?",
        "solution": "18%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2011/page_183.pdf\n\nID: PNC/2011/page_183.pdf-2\n\nPrevious Text:\nthere were no options granted in excess of market value in 2011 , 2010 or 2009 .\nshares of common stock available during the next year for the granting of options and other awards under the incentive plans were 33775543 at december 31 , 2011 .\ntotal shares of pnc common stock authorized for future issuance under equity compensation plans totaled 35304422 shares at december 31 , 2011 , which includes shares available for issuance under the incentive plans and the employee stock purchase plan ( espp ) as described below .\nduring 2011 , we issued 731336 shares from treasury stock in connection with stock option exercise activity .\nas with past exercise activity , we currently intend to utilize primarily treasury stock for any future stock option exercises .\nawards granted to non-employee directors in 2011 , 2010 and 2009 include 27090 , 29040 , and 39552 deferred stock units , respectively , awarded under the outside directors deferred stock unit plan .\na deferred stock unit is a phantom share of our common stock , which requires liability accounting treatment until such awards are paid to the participants as cash .\nas there are no vesting or service requirements on these awards , total compensation expense is recognized in full on awarded deferred stock units on the date of grant .\nincentive/performance unit share awards and restricted stock/unit awards the fair value of nonvested incentive/performance unit share awards and restricted stock/unit awards is initially determined based on prices not less than the market value of our common stock price on the date of grant .\nthe value of certain incentive/ performance unit share awards is subsequently remeasured based on the achievement of one or more financial and other performance goals generally over a three-year period .\nthe personnel and compensation committee of the board of directors approves the final award payout with respect to incentive/performance unit share awards .\nrestricted stock/unit awards have various vesting periods generally ranging from 36 months to 60 months .\nbeginning in 2011 , we incorporated two changes to certain awards under our existing long-term incentive compensation programs .\nfirst , for certain grants of incentive performance units , the future payout amount will be subject to a negative annual adjustment if pnc fails to meet certain risk-related performance metrics .\nthis adjustment is in addition to the existing financial performance metrics relative to our peers .\nthese grants have a three-year performance period and are payable in either stock or a combination of stock and cash .\nsecond , performance-based restricted share units ( performance rsus ) were granted in 2011 to certain of our executives in lieu of stock options .\nthese performance rsus ( which are payable solely in stock ) have a service condition , an internal risk-related performance condition , and an external market condition .\nsatisfaction of the performance condition is based on four independent one-year performance periods .\nthe weighted-average grant-date fair value of incentive/ performance unit share awards and restricted stock/unit awards granted in 2011 , 2010 and 2009 was $ 63.25 , $ 54.59 and $ 41.16 per share , respectively .\nwe recognize compensation expense for such awards ratably over the corresponding vesting and/or performance periods for each type of program .\nnonvested incentive/performance unit share awards and restricted stock/unit awards 2013 rollforward shares in thousands nonvested incentive/ performance unit shares weighted- average date fair nonvested restricted stock/ shares weighted- average date fair .\n\nTable Data:\n[['shares in thousands december 31 2010', 'nonvested incentive/ performance unit shares 363', 'weighted- average grant date fair value $ 56.40', 'nonvested restricted stock/ unit shares 2250', 'weighted- average grant date fair value $ 49.95'], ['granted', '623', '64.21', '1059', '62.68'], ['vested', '-156 ( 156 )', '59.54', '-706 ( 706 )', '51.27'], ['forfeited', '', '', '-91 ( 91 )', '52.24'], ['december 31 2011', '830', '$ 61.68', '2512', '$ 54.87']]\n\nFollowing Text:\nin the chart above , the unit shares and related weighted- average grant-date fair value of the incentive/performance awards exclude the effect of dividends on the underlying shares , as those dividends will be paid in cash .\nat december 31 , 2011 , there was $ 61 million of unrecognized deferred compensation expense related to nonvested share- based compensation arrangements granted under the incentive plans .\nthis cost is expected to be recognized as expense over a period of no longer than five years .\nthe total fair value of incentive/performance unit share and restricted stock/unit awards vested during 2011 , 2010 and 2009 was approximately $ 52 million , $ 39 million and $ 47 million , respectively .\nliability awards we grant annually cash-payable restricted share units to certain executives .\nthe grants were made primarily as part of an annual bonus incentive deferral plan .\nwhile there are time- based and service-related vesting criteria , there are no market or performance criteria associated with these awards .\ncompensation expense recognized related to these awards was recorded in prior periods as part of annual cash bonus criteria .\nas of december 31 , 2011 , there were 753203 of these cash- payable restricted share units outstanding .\n174 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: were there more isos granted in the year than restricted stock units?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_58.pdf\n\nID: MRO/2009/page_58.pdf-2\n\nPrevious Text:\nour refining and wholesale marketing gross margin is the difference between the prices of refined products sold and the costs of crude oil and other charge and blendstocks refined , including the costs to transport these inputs to our refineries , the costs of purchased products and manufacturing expenses , including depreciation .\nthe crack spread is a measure of the difference between market prices for refined products and crude oil , commonly used by the industry as a proxy for the refining margin .\ncrack spreads can fluctuate significantly , particularly when prices of refined products do not move in the same relationship as the cost of crude oil .\nas a performance benchmark and a comparison with other industry participants , we calculate midwest ( chicago ) and u.s .\ngulf coast crack spreads that we feel most closely track our operations and slate of products .\nposted light louisiana sweet ( 201clls 201d ) prices and a 6-3-2-1 ratio of products ( 6 barrels of crude oil producing 3 barrels of gasoline , 2 barrels of distillate and 1 barrel of residual fuel ) are used for the crack spread calculation .\nour refineries can process significant amounts of sour crude oil which typically can be purchased at a discount to sweet crude oil .\nthe amount of this discount , the sweet/sour differential , can vary significantly causing our refining and wholesale marketing gross margin to differ from the crack spreads which are based upon sweet crude .\nin general , a larger sweet/sour differential will enhance our refining and wholesale marketing gross margin .\nin 2009 , the sweet/sour differential narrowed , due to a variety of worldwide economic and petroleum industry related factors , primarily related to lower hydrocarbon demand .\nsour crude accounted for 50 percent , 52 percent and 54 percent of our crude oil processed in 2009 , 2008 and 2007 .\nthe following table lists calculated average crack spreads for the midwest ( chicago ) and gulf coast markets and the sweet/sour differential for the past three years .\n( dollars per barrel ) 2009 2008 2007 .\n\nTable Data:\n[['( dollars per barrel )', '2009', '2008', '2007'], ['chicago lls 6-3-2-1', '$ 3.52', '$ 3.27', '$ 8.87'], ['u.s . gulf coast lls 6-3-2-1', '$ 2.54', '$ 2.45', '$ 6.42'], ['sweet/sour differential ( a )', '$ 5.82', '$ 11.99', '$ 11.59']]\n\nFollowing Text:\nsweet/sour differential ( a ) $ 5.82 $ 11.99 $ 11.59 ( a ) calculated using the following mix of crude types as compared to lls. : 15% ( 15 % ) arab light , 20% ( 20 % ) kuwait , 10% ( 10 % ) maya , 15% ( 15 % ) western canadian select , 40% ( 40 % ) mars .\nin addition to the market changes indicated by the crack spreads and sweet/sour differential , our refining and wholesale marketing gross margin is impacted by factors such as : 2022 the types of crude oil and other charge and blendstocks processed , 2022 the selling prices realized for refined products , 2022 the impact of commodity derivative instruments used to manage price risk , 2022 the cost of products purchased for resale , and 2022 changes in manufacturing costs , which include depreciation .\nmanufacturing costs are primarily driven by the cost of energy used by our refineries and the level of maintenance costs .\nplanned turnaround and major maintenance activities were completed at our catlettsburg , garyville , and robinson refineries in 2009 .\nwe performed turnaround and major maintenance activities at our robinson , catlettsburg , garyville and canton refineries in 2008 and at our catlettsburg , robinson and st .\npaul park refineries in 2007 .\nour retail marketing gross margin for gasoline and distillates , which is the difference between the ultimate price paid by consumers and the cost of refined products , including secondary transportation and consumer excise taxes , also impacts rm&t segment profitability .\nthere are numerous factors including local competition , seasonal demand fluctuations , the available wholesale supply , the level of economic activity in our marketing areas and weather conditions that impact gasoline and distillate demand throughout the year .\nrefined product demand increased for several years until 2008 when it decreased due to the combination of significant increases in retail petroleum prices , a broad slowdown in general economic activity , and the impact of increased ethanol blending into gasoline .\nin 2009 refined product demand continued to decline .\nfor our marketing area , we estimate a gasoline demand decline of about one percent and a distillate demand decline of about 12 percent from 2008 levels .\nmarket demand declines for gasoline and distillates generally reduce the product margin we can realize .\nwe also estimate gasoline and distillate demand in our marketing area decreased about three percent in 2008 compared to 2007 levels .\nthe gross margin on merchandise sold at retail outlets has been historically less volatile. .\n\nQuestion: by what percentage did the average crack spread for the midwest ( chicago ) decrease from 2007 to 2009?",
        "solution": "-60.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2003/page_28.pdf\n\nID: JPM/2003/page_28.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis j.p .\nmorgan chase & co .\n26 j.p .\nmorgan chase & co .\n/ 2003 annual report $ 41.7 billion .\nnii was reduced by a lower volume of commercial loans and lower spreads on investment securities .\nas a compo- nent of nii , trading-related net interest income of $ 2.1 billion was up 13% ( 13 % ) from 2002 due to a change in the composition of , and growth in , trading assets .\nthe firm 2019s total average interest-earning assets in 2003 were $ 590 billion , up 6% ( 6 % ) from the prior year .\nthe net interest yield on these assets , on a fully taxable-equivalent basis , was 2.10% ( 2.10 % ) , compared with 2.09% ( 2.09 % ) in the prior year .\nnoninterest expense year ended december 31 .\n\nTable Data:\n[['( in millions )', '2003', '2002', 'change'], ['compensation expense', '$ 11695', '$ 10983', '6% ( 6 % )'], ['occupancy expense', '1912', '1606', '19'], ['technology and communications expense', '2844', '2554', '11'], ['other expense', '5137', '5111', '1'], ['surety settlement and litigation reserve', '100', '1300', '-92 ( 92 )'], ['merger and restructuring costs', '2014', '1210', 'nm'], ['total noninterest expense', '$ 21688', '$ 22764', '( 5 ) % (  % )']]\n\nFollowing Text:\ntechnology and communications expense in 2003 , technology and communications expense was 11% ( 11 % ) above the prior-year level .\nthe increase was primarily due to a shift in expenses : costs that were previously associated with compensation and other expenses shifted , upon the commence- ment of the ibm outsourcing agreement , to technology and communications expense .\nalso contributing to the increase were higher costs related to software amortization .\nfor a further dis- cussion of the ibm outsourcing agreement , see support units and corporate on page 44 of this annual report .\nother expense other expense in 2003 rose slightly from the prior year , reflecting higher outside services .\nfor a table showing the components of other expense , see note 8 on page 96 of this annual report .\nsurety settlement and litigation reserve the firm added $ 100 million to the enron-related litigation reserve in 2003 to supplement a $ 900 million reserve initially recorded in 2002 .\nthe 2002 reserve was established to cover enron-related matters , as well as certain other material litigation , proceedings and investigations in which the firm is involved .\nin addition , in 2002 the firm recorded a charge of $ 400 million for the settlement of enron-related surety litigation .\nmerger and restructuring costs merger and restructuring costs related to business restructurings announced after january 1 , 2002 , were recorded in their relevant expense categories .\nin 2002 , merger and restructuring costs of $ 1.2 billion , for programs announced prior to january 1 , 2002 , were viewed by management as nonoperating expenses or 201cspecial items . 201d refer to note 8 on pages 95 201396 of this annual report for a further discussion of merger and restructuring costs and for a summary , by expense category and business segment , of costs incurred in 2003 and 2002 for programs announced after january 1 , 2002 .\nprovision for credit losses the 2003 provision for credit losses was $ 2.8 billion lower than in 2002 , primarily reflecting continued improvement in the quality of the commercial loan portfolio and a higher volume of credit card securitizations .\nfor further information about the provision for credit losses and the firm 2019s management of credit risk , see the dis- cussions of net charge-offs associated with the commercial and consumer loan portfolios and the allowance for credit losses , on pages 63 201365 of this annual report .\nincome tax expense income tax expense was $ 3.3 billion in 2003 , compared with $ 856 million in 2002 .\nthe effective tax rate in 2003 was 33% ( 33 % ) , compared with 34% ( 34 % ) in 2002 .\nthe tax rate decline was principally attributable to changes in the proportion of income subject to state and local taxes .\ncompensation expense compensation expense in 2003 was 6% ( 6 % ) higher than in the prior year .\nthe increase principally reflected higher performance-related incentives , and higher pension and other postretirement benefit costs , primarily as a result of changes in actuarial assumptions .\nfor a detailed discussion of pension and other postretirement benefit costs , see note 6 on pages 89 201393 of this annual report .\nthe increase pertaining to incentives included $ 266 million as a result of adopting sfas 123 , and $ 120 million from the reversal in 2002 of previously accrued expenses for certain forfeitable key employ- ee stock awards , as discussed in note 7 on pages 93 201395 of this annual report .\ntotal compensation expense declined as a result of the transfer , beginning april 1 , 2003 , of 2800 employees to ibm in connection with a technology outsourcing agreement .\nthe total number of full-time equivalent employees at december 31 , 2003 was 93453 compared with 94335 at the prior year-end .\noccupancy expense occupancy expense of $ 1.9 billion rose 19% ( 19 % ) from 2002 .\nthe increase reflected costs of additional leased space in midtown manhattan and in the south and southwest regions of the united states ; higher real estate taxes in new york city ; and the cost of enhanced safety measures .\nalso contributing to the increase were charges for unoccupied excess real estate of $ 270 million ; this compared with $ 120 million in 2002 , mostly in the third quarter of that year. .\n\nQuestion: what is the average compensation expense per employee in 2003?",
        "solution": "125143"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2008/page_38.pdf\n\nID: AAPL/2008/page_38.pdf-2\n\nPrevious Text:\ntable of contents company stock performance the following graph shows a five-year comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 composite index ( the 201cs&p 500 201d ) and the s&p computers ( hardware ) index ( the 201cindustry index 201d ) .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 , and the industry index on september 30 , 2003 .\ndata points on the graph are annual .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\ncopyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc .\nall rights reserved. .\n\nTable Data:\n[['', 'sep-03', 'sep-04', 'sep-05', 'sep-06', 'sep-07', 'sep-08'], ['apple inc .', '$ 100', '$ 187', '$ 517', '$ 743', '$ 1481', '$ 1097'], ['s&p a9500', '$ 100', '$ 114', '$ 128', '$ 142', '$ 165', '$ 129'], ['s&p a9computer hardware', '$ 100', '$ 104', '$ 119', '$ 128', '$ 188', '$ 158']]\n\nFollowing Text:\ns&p a9 500 $ 100 $ 114 $ 128 $ 142 $ 165 $ 129 s&p a9 computer hardware $ 100 $ 104 $ 119 $ 128 $ 188 $ 158 .\n\nQuestion: what was the change in cumulative total return for the s&p a9500 between 2003 and 2004?",
        "solution": "14"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2007/page_34.pdf\n\nID: IP/2007/page_34.pdf-1\n\nPrevious Text:\nexpenses decreased to $ 23 million from $ 115 million in 2006 and $ 146 million in 2005 , reflecting the reduced level of operations .\noperating profits for the real estate division , which principally sells higher-and-better-use properties , were $ 32 million , $ 124 million and $ 198 million in 2007 , 2006 and 2005 , respectively .\nlooking forward to 2008 , operating profits are expected to decline significantly , reflecting the reduced level of forestland holdings .\noperating earn- ings will primarily reflect the periodic sales of remaining acreage , and can be expected to vary from quarter to quarter depending on the timing of sale transactions .\nspecialty businesses and other the specialty businesses and other segment princi- pally includes the operating results of the arizona chemical business as well as certain smaller busi- nesses .\nthe arizona chemical business was sold in february 2007 .\nthus , operating results in 2007 reflect only two months of activity .\nspecialty businesses and other in millions 2007 2006 2005 .\n\nTable Data:\n[['in millions', '2007', '2006', '2005'], ['sales', '$ 135', '$ 935', '$ 915'], ['operating profit', '$ 6', '$ 61', '$ 4']]\n\nFollowing Text:\nliquidity and capital resources overview a major factor in international paper 2019s liquidity and capital resource planning is its generation of operat- ing cash flow , which is highly sensitive to changes in the pricing and demand for our major products .\nwhile changes in key cash operating costs , such as energy , raw material and transportation costs , do have an effect on operating cash generation , we believe that our strong focus on cost controls has improved our cash flow generation over an operat- ing cycle .\nas part of our continuing focus on improving our return on investment , we have focused our capital spending on improving our key paper and packaging businesses both globally and in north america .\nfinancing activities in 2007 continued the focus on the transformation plan objectives of returning value to shareholders through additional repurchases of common stock and strengthening the balance sheet through further reductions of management believes it is important for interna- tional paper to maintain an investment-grade credit rating to facilitate access to capital markets on favorable terms .\nat december 31 , 2007 , the com- pany held long-term credit ratings of bbb ( stable outlook ) and baa3 ( stable outlook ) by standard & poor 2019s ( s&p ) and moody 2019s investor services ( moody 2019s ) , respectively .\ncash provided by operations cash provided by continuing operations totaled $ 1.9 billion , compared with $ 1.0 billion for 2006 and $ 1.2 billion for 2005 .\nthe 2006 amount is net of a $ 1.0 bil- lion voluntary cash pension plan contribution made in the fourth quarter of 2006 .\nthe major components of cash provided by continuing operations are earn- ings from continuing operations adjusted for non-cash income and expense items and changes in working capital .\nearnings from continuing oper- ations , adjusted for non-cash items and excluding the pension contribution in 2006 , increased by $ 123 million in 2007 versus 2006 .\nthis compared with an increase of $ 584 million for 2006 over 2005 .\ninternational paper 2019s investments in accounts receiv- able and inventory less accounts payable and accrued liabilities , totaled $ 1.7 billion at december 31 , 2007 .\ncash used for these working capital components increased by $ 539 million in 2007 , compared with a $ 354 million increase in 2006 and a $ 558 million increase in 2005 .\ninvestment activities investment activities in 2007 included the receipt of $ 1.7 billion of additional cash proceeds from divest- itures , and the use of $ 239 million for acquisitions and $ 578 million for an investment in a 50% ( 50 % ) equity interest in ilim holding s.a .\nin russia .\ncapital spending from continuing operations was $ 1.3 billion in 2007 , or 119% ( 119 % ) of depreciation and amortization , comparable to $ 1.0 billion , or 87% ( 87 % ) of depreciation and amortization in 2006 , and $ 992 mil- lion , or 78% ( 78 % ) of depreciation and amortization in 2005 .\nthe increase in 2007 reflects spending for the con- version of the pensacola paper machine to the pro- duction of linerboard , a fluff pulp project at our riegelwood mill , and a specialty pulp production project at our svetogorsk mill in russia , all of which were part of the company 2019s transformation plan. .\n\nQuestion: what was the specialty business profit margin in 2006",
        "solution": "6.52%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2014/page_125.pdf\n\nID: RE/2014/page_125.pdf-1\n\nPrevious Text:\n9 .\njunior 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 .\nas 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 .\ninterest expense incurred in connection with these junior subordinated debt securities is as follows for the periods indicated: .\n\nTable Data:\n[['( dollars in thousands )', 'years ended december 31 , 2014', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['interest expense incurred', '$ -', '$ 8181', '$ 20454']]\n\nFollowing Text:\nholdings 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 .\n10 .\nreinsurance 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 .\nat december 31 , 2014 , the total amount on deposit in trust accounts was $ 322285 thousand .\non 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 .\nthese agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events .\nthe first agreement provides up to $ 250000 thousand of reinsurance coverage from named storms in specified states of the southeastern united states .\nthe 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 .\non november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro re to provide the company with catastrophe reinsurance coverage .\nthis agreement is a multi-year reinsurance contract which covers specified earthquake events .\nthe agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada .\nkilimanjaro has financed the various property catastrophe reinsurance coverage by issuing catastrophe bonds to unrelated , external investors .\non april 24 , 2014 , kilimanjaro issued $ 450000 thousand of variable rate notes ( 201cseries 2014-1 notes 201d ) .\non november 18 , 2014 , kilimanjaro issued $ 500000 thousand of variable rate notes ( 201cseries 2014-2 notes 201d ) .\nthe 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. .\n\nQuestion: what is the percentage change in interest expense from 2012 to 2013?",
        "solution": "-60.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SYY/2014/page_16.pdf\n\nID: SYY/2014/page_16.pdf-1\n\nPrevious Text:\nsysco corporation a0- a0form a010-k 3 part a0i item a01 a0business our distribution centers , which we refer to as operating companies , distribute nationally-branded merchandise , as well as products packaged under our private brands .\nproducts packaged under our private brands have been manufactured for sysco according to specifi cations that have been developed by our quality assurance team .\nin addition , our quality assurance team certifi es the manufacturing and processing plants where these products are packaged , enforces our quality control standards and identifi es supply sources that satisfy our requirements .\nwe believe that prompt and accurate delivery of orders , competitive pricing , close contact with customers and the ability to provide a full array of products and services to assist customers in their foodservice operations are of primary importance in the marketing and distribution of foodservice products to our customers .\nour operating companies offer daily delivery to certain customer locations and have the capability of delivering special orders on short notice .\nthrough our approximately 12800 sales and marketing representatives and support staff of sysco and our operating companies , we stay informed of the needs of our customers and acquaint them with new products and services .\nour operating companies also provide ancillary services relating to foodservice distribution , such as providing customers with product usage reports and other data , menu-planning advice , food safety training and assistance in inventory control , as well as access to various third party services designed to add value to our customers 2019 businesses .\nno single customer accounted for 10% ( 10 % ) or more of sysco 2019s total sales for the fi scal year ended june 28 , 2014 .\nwe estimate that our sales by type of customer during the past three fi scal years were as follows: .\n\nTable Data:\n[['type of customer', '2014', '2013', '2012'], ['restaurants', '62% ( 62 % )', '61% ( 61 % )', '63% ( 63 % )'], ['healthcare', '9', '10', '10'], ['education government', '9', '8', '8'], ['travel leisure retail', '8', '8', '8'], ['other ( 1 )', '12', '13', '11'], ['totals', '100% ( 100 % )', '100% ( 100 % )', '100% ( 100 % )']]\n\nFollowing Text:\n( 1 ) other includes cafeterias that are not stand alone restaurants , bakeries , caterers , churches , civic and fraternal organizations , vending distributors , other distributors and international exports .\nnone of these types of customers , as a group , exceeded 5% ( 5 % ) of total sales in any of the years for which information is presented .\nsources of supply we purchase from thousands of suppliers , both domestic and international , none of which individually accounts for more than 10% ( 10 % ) of our purchases .\nthese suppliers consist generally of large corporations selling brand name and private label merchandise , as well as independent regional brand and private label processors and packers .\npurchasing is generally carried out through both centrally developed purchasing programs and direct purchasing programs established by our various operating companies .\nwe administer a consolidated product procurement program designed to develop , obtain and ensure consistent quality food and non-food products .\nthe program covers the purchasing and marketing of sysco brand merchandise , as well as products from a number of national brand suppliers , encompassing substantially all product lines .\nsysco 2019s operating companies purchase product from the suppliers participating in these consolidated programs and from other suppliers , although sysco brand products are only available to the operating companies through these consolidated programs .\nwe also focus on increasing profi tability by lowering operating costs and by lowering aggregate inventory levels , which reduces future facility expansion needs at our broadline operating companies , while providing greater value to our suppliers and customers .\nthis includes the construction and operation of regional distribution centers ( rdcs ) , which aggregate inventory demand to optimize the supply chain activities for certain products for all sysco broadline operating companies in the region .\ncurrently , we have two rdcs in operation , one in virginia and one in florida .\nworking capital practices our growth is funded through a combination of cash fl ow from operations , commercial paper issuances and long-term borrowings .\nsee the discussion in 201cmanagement 2019s discussion and analysis of financial condition and results of operations , liquidity and capital resources 201d at item 7 regarding our liquidity , fi nancial position and sources and uses of funds .\ncredit terms we extend to our customers can vary from cash on delivery to 30 days or more based on our assessment of each customer 2019s credit worthiness .\nwe monitor each customer 2019s account and will suspend shipments if necessary .\na majority of our sales orders are fi lled within 24 hours of when customer orders are placed .\nwe generally maintain inventory on hand to be able to meet customer demand .\nthe level of inventory on hand will vary by product depending on shelf-life , supplier order fulfi llment lead times and customer demand .\nwe also make purchases of additional volumes of certain products based on supply or pricing opportunities .\nwe take advantage of suppliers 2019 cash discounts where appropriate and otherwise generally receive payment terms from our suppliers ranging from weekly to 30 days or more. .\n\nQuestion: what was the change in restaurants percentage of sales from 2012 to 2013?",
        "solution": "-2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MKTX/2009/page_79.pdf\n\nID: MKTX/2009/page_79.pdf-1\n\nPrevious Text:\ntable of contents marketaxess holdings inc .\nnotes to consolidated financial statements 2014 ( continued ) of this standard had no material effect on the company 2019s consolidated statements of financial condition and consolidated statements of operations .\nreclassifications certain reclassifications have been made to the prior years 2019 financial statements in order to conform to the current year presentation .\nsuch reclassifications had no effect on previously reported net income .\non march 5 , 2008 , the company acquired all of the outstanding capital stock of greenline financial technologies , inc .\n( 201cgreenline 201d ) , an illinois-based provider of integration , testing and management solutions for fix-related products and services designed to optimize electronic trading of fixed-income , equity and other exchange-based products , and approximately ten percent of the outstanding capital stock of tradehelm , inc. , a delaware corporation that was spun-out from greenline immediately prior to the acquisition .\nthe acquisition of greenline broadens the range of technology services that the company offers to institutional financial markets , provides an expansion of the company 2019s client base , including global exchanges and hedge funds , and further diversifies the company 2019s revenues beyond the core electronic credit trading products .\nthe results of operations of greenline are included in the consolidated financial statements from the date of the acquisition .\nthe aggregate consideration for the greenline acquisition was $ 41.1 million , comprised of $ 34.7 million in cash , 725923 shares of common stock valued at $ 5.8 million and $ 0.6 million of acquisition-related costs .\nin addition , the sellers were eligible to receive up to an aggregate of $ 3.0 million in cash , subject to greenline attaining certain earn- out targets in 2008 and 2009 .\na total of $ 1.4 million was paid to the sellers in 2009 based on the 2008 earn-out target , bringing the aggregate consideration to $ 42.4 million .\nthe 2009 earn-out target was not met .\na total of $ 2.0 million of the purchase price , which had been deposited into escrow accounts to satisfy potential indemnity claims , was distributed to the sellers in march 2009 .\nthe shares of common stock issued to each selling shareholder of greenline were released in two equal installments on december 20 , 2008 and december 20 , 2009 , respectively .\nthe value ascribed to the shares was discounted from the market value to reflect the non-marketability of such shares during the restriction period .\nthe purchase price allocation is as follows ( in thousands ) : the amortizable intangibles include $ 3.2 million of acquired technology , $ 3.3 million of customer relationships , $ 1.3 million of non-competition agreements and $ 0.5 million of tradenames .\nuseful lives of ten years and five years have been assigned to the customer relationships intangible and all other amortizable intangibles , respectively .\nthe identifiable intangible assets and goodwill are not deductible for tax purposes .\nthe following unaudited pro forma consolidated financial information reflects the results of operations of the company for the years ended december 31 , 2008 and 2007 , as if the acquisition of greenline had occurred as of the beginning of the period presented , after giving effect to certain purchase accounting adjustments .\nthese pro forma results are not necessarily indicative of what the company 2019s operating results would have been had the acquisition actually taken place as of the beginning of the earliest period presented .\nthe pro forma financial information 3 .\nacquisitions .\n\nTable Data:\n[['cash', '$ 6406'], ['accounts receivable', '2139'], ['amortizable intangibles', '8330'], ['goodwill', '29405'], ['deferred tax assets net', '3410'], ['other assets including investment in tradehelm', '1429'], ['accounts payable accrued expenses and deferred revenue', '-8701 ( 8701 )'], ['total purchase price', '$ 42418']]\n\nFollowing Text:\n.\n\nQuestion: what percentage of the aggregate consideration for the greenline acquisition was paid to the sellers in 2009 based on the 2008 earn-out target?",
        "solution": "3.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2007/page_154.pdf\n\nID: HOLX/2007/page_154.pdf-1\n\nPrevious Text:\nhologic , inc .\nnotes to consolidated financial statements ( continued ) ( in thousands , except per share data ) failure of the company to develop new products and product enhancements on a timely basis or within budget could harm the company 2019s results of operations and financial condition .\nfor additional risks that may affect the company 2019s business and prospects following completion of the merger , see 201crisk factors 201d in item 1a of the company 2019s form 10-k for the year ended september 29 , 2007 .\ngoodwill the preliminary purchase price allocation has resulted in goodwill of approximately $ 3895100 .\nthe factors contributing to the recognition of this amount of goodwill are based upon several strategic and synergistic benefits that are expected to be realized from the combination .\nthese benefits include the expectation that the company 2019s complementary products and technologies will create a leading women 2019s healthcare company with an enhanced presence in hospitals , private practices and healthcare organizations .\nthe company also expects to realize substantial synergies through the use of cytyc 2019s ob/gyn and breast surgeon sales channel to cross-sell the company 2019s existing and future products .\nthe merger provides the company broader channel coverage within the united states and expanded geographic reach internationally , as well as increased scale and scope for further expanding operations through product development and complementary strategic transactions .\nsupplemental unaudited pro-forma information the following unaudited pro forma information presents the consolidated results of operations of the company and cytyc as if the acquisitions had occurred at the beginning of fiscal 2007 , with pro forma adjustments to give effect to amortization of intangible assets , an increase in interest expense on acquisition financing and certain other adjustments together with related tax effects: .\n\nTable Data:\n[['( approximate amounts in thousands except per share data )', '2007'], ['net revenue', '$ 1472400'], ['net income', '$ 62600'], ['net income per share 2014basic', '$ 0.52'], ['net income per share 2014assuming dilution', '$ 0.50']]\n\nFollowing Text:\nthe $ 368200 charge for acquired in-process research and development that was a direct result of the transaction is excluded from the unaudited pro forma information above .\nthe unaudited pro forma results are not necessarily indicative of the results that the company would have attained had the acquisitions of cytyc occurred at the beginning of the periods presented .\nprior to the close of the merger the board of directors of both hologic and cytyc approved a modification to certain outstanding equity awards for cytyc employees .\nthe modification provided for the acceleration of vesting upon the close of merger for those awards that did not provide for acceleration upon a change of control as part of the original terms of the award .\nthis modification was made so that the company will not incur stock based compensation charges that it otherwise would have if the awards had continued to vest under their original terms .\ncredit agreement on october 22 , 2007 , company and certain of its domestic subsidiaries , entered into a senior secured credit agreement with goldman sachs credit partners l.p .\nand certain other lenders , ( collectively , the 201clenders 201d ) .\npursuant to the terms and conditions of the credit agreement , the lenders have committed to provide senior secured financing in an aggregate amount of up to $ 2550000 .\nas of the closing of the cytyc merger , the company borrowed $ 2350000 under the credit facilities. .\n\nQuestion: what would be the net profit margin in 2007 assuming that acquisitions of the company and cytyc at the beginning of fiscal 2007?",
        "solution": "4.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2009/page_49.pdf\n\nID: ADI/2009/page_49.pdf-2\n\nPrevious Text:\ninterest rate to a variable interest rate based on the three-month libor plus 2.05% ( 2.05 % ) ( 2.34% ( 2.34 % ) as of october 31 , 2009 ) .\nif libor changes by 100 basis points , our annual interest expense would change by $ 3.8 million .\nforeign currency exposure as more fully described in note 2i .\nin the notes to consolidated financial statements contained in item 8 of this annual report on form 10-k , we regularly hedge our non-u.s .\ndollar-based exposures by entering into forward foreign currency exchange contracts .\nthe terms of these contracts are for periods matching the duration of the underlying exposure and generally range from one month to twelve months .\ncurrently , our largest foreign currency exposure is the euro , primarily because our european operations have the highest proportion of our local currency denominated expenses .\nrelative to foreign currency exposures existing at october 31 , 2009 and november 1 , 2008 , a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates over the course of the year would not expose us to significant losses in earnings or cash flows because we hedge a high proportion of our year-end exposures against fluctuations in foreign currency exchange rates .\nthe market risk associated with our derivative instruments results from currency exchange rate or interest rate movements that are expected to offset the market risk of the underlying transactions , assets and liabilities being hedged .\nthe counterparties to the agreements relating to our foreign exchange instruments consist of a number of major international financial institutions with high credit ratings .\nwe do not believe that there is significant risk of nonperformance by these counterparties because we continually monitor the credit ratings of such counterparties .\nwhile the contract or notional amounts of derivative financial instruments provide one measure of the volume of these transactions , they do not represent the amount of our exposure to credit risk .\nthe amounts potentially subject to credit risk ( arising from the possible inability of counterparties to meet the terms of their contracts ) are generally limited to the amounts , if any , by which the counterparties 2019 obligations under the contracts exceed our obligations to the counterparties .\nthe following table illustrates the effect that a 10% ( 10 % ) unfavorable or favorable movement in foreign currency exchange rates , relative to the u.s .\ndollar , would have on the fair value of our forward exchange contracts as of october 31 , 2009 and november 1 , 2008: .\n\nTable Data:\n[['', 'october 31 2009', 'november 1 2008'], ['fair value of forward exchange contracts asset ( liability )', '$ 6427', '$ -23158 ( 23158 )'], ['fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset ( liability )', '$ 20132', '$ -9457 ( 9457 )'], ['fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability', '$ -6781 ( 6781 )', '$ -38294 ( 38294 )']]\n\nFollowing Text:\nfair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset ( liability ) .\n.\n.\n.\n.\n.\n.\n.\n.\n$ 20132 $ ( 9457 ) fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ ( 6781 ) $ ( 38294 ) the calculation assumes that each exchange rate would change in the same direction relative to the u.s .\ndollar .\nin addition to the direct effects of changes in exchange rates , such changes typically affect the volume of sales or the foreign currency sales price as competitors 2019 products become more or less attractive .\nour sensitivity analysis of the effects of changes in foreign currency exchange rates does not factor in a potential change in sales levels or local currency selling prices. .\n\nQuestion: what is the lobor rate as of october 31 , 2009?",
        "solution": "29.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HST/2018/page_115.pdf\n\nID: HST/2018/page_115.pdf-2\n\nPrevious Text:\nhost hotels & resorts , inc. , host hotels & resorts , l.p. , and subsidiaries notes to consolidated financial statements 1 .\nsummary of significant accounting policies description of business host hotels & resorts , inc .\noperates as a self-managed and self-administered real estate investment trust , or reit , with its operations conducted solely through host hotels & resorts , l.p .\nhost hotels & resorts , l.p. , a delaware limited partnership , operates through an umbrella partnership structure , with host hotels & resorts , inc. , a maryland corporation , as its sole general partner .\nin the notes to the consolidated financial statements , we use the terms 201cwe 201d or 201cour 201d to refer to host hotels & resorts , inc .\nand host hotels & resorts , l.p .\ntogether , unless the context indicates otherwise .\nwe also use the term 201chost inc . 201d to refer specifically to host hotels & resorts , inc .\nand the term 201chost l.p . 201d to refer specifically to host hotels & resorts , l.p .\nin cases where it is important to distinguish between host inc .\nand host l.p .\nhost inc .\nholds approximately 99% ( 99 % ) of host l.p . 2019s partnership interests , or op units .\nconsolidated portfolio as of december 31 , 2018 , the hotels in our consolidated portfolio are in the following countries: .\n\nTable Data:\n[['', 'hotels'], ['united states', '88'], ['brazil', '3'], ['canada', '2'], ['total', '93']]\n\nFollowing Text:\nbasis of presentation and principles of consolidation the accompanying consolidated financial statements include the consolidated accounts of host inc. , host l.p .\nand their subsidiaries and controlled affiliates , including joint ventures and partnerships .\nwe consolidate subsidiaries when we have the ability to control them .\nfor the majority of our hotel and real estate investments , we consider those control rights to be ( i ) approval or amendment of developments plans , ( ii ) financing decisions , ( iii ) approval or amendments of operating budgets , and ( iv ) investment strategy decisions .\nwe also evaluate our subsidiaries to determine if they are variable interest entities ( 201cvies 201d ) .\nif a subsidiary is a vie , it is subject to the consolidation framework specifically for vies .\ntypically , the entity that has the power to direct the activities that most significantly impact economic performance consolidates the vie .\nwe consider an entity to be a vie if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support .\nwe review our subsidiaries and affiliates at least annually to determine if ( i ) they should be considered vies , and ( ii ) whether we should change our consolidation determination based on changes in the characteristics thereof .\nthree partnerships are considered vie 2019s , as the general partner maintains control over the decisions that most significantly impact the partnerships .\nthe first vie is the operating partnership , host l.p. , which is consolidated by host inc. , of which host inc .\nis the general partner and holds 99% ( 99 % ) of the limited partner interests .\nhost inc . 2019s sole significant asset is its investment in host l.p .\nand substantially all of host inc . 2019s assets and liabilities represent assets and liabilities of host l.p .\nall of host inc . 2019s debt is an obligation of host l.p .\nand may be settled only with assets of host l.p .\nthe consolidated partnership that owns the houston airport marriott at george bush intercontinental , of which we are the general partner and hold 85% ( 85 % ) of the partnership interests , also is a vie .\nthe total assets of this vie at december 31 , 2018 are $ 48 million and consist primarily of cash and .\n\nQuestion: as of december 31 , 2018what was the percent of the hotels in our consolidated portfolio in the us",
        "solution": "95%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APTV/2016/page_44.pdf\n\nID: APTV/2016/page_44.pdf-3\n\nPrevious Text:\ntaxing authorities could challenge our historical and future tax positions .\nour future effective tax rates could be affected by changes in the mix of earnings in countries with differing statutory rates and changes in tax laws or their interpretation including changes related to tax holidays or tax incentives .\nour taxes could increase if certain tax holidays or incentives are not renewed upon expiration , or if tax rates or regimes applicable to us in such jurisdictions are otherwise increased .\nthe amount of tax we pay is subject to our interpretation of applicable tax laws in the jurisdictions in which we file .\nwe have taken and will continue to take tax positions based on our interpretation of such tax laws .\nin particular , we will seek to organize and operate ourselves in such a way that we are and remain tax resident in the united kingdom .\nadditionally , in determining the adequacy of our provision for income taxes , we regularly assess the likelihood of adverse outcomes resulting from tax examinations .\nwhile it is often difficult to predict the final outcome or the timing of the resolution of a tax examination , our reserves for uncertain tax benefits reflect the outcome of tax positions that are more likely than not to occur .\nwhile we believe that we have complied with all applicable tax laws , there can be no assurance that a taxing authority will not have a different interpretation of the law and assess us with additional taxes .\nshould additional taxes be assessed , this may result in a material adverse effect on our results of operations and financial condition .\nitem 1b .\nunresolved staff comments we have no unresolved sec staff comments to report .\nitem 2 .\nproperties as of december 31 , 2016 , we owned or leased 126 major manufacturing sites and 15 major technical centers .\na manufacturing site may include multiple plants and may be wholly or partially owned or leased .\nwe also have many smaller manufacturing sites , sales offices , warehouses , engineering centers , joint ventures and other investments strategically located throughout the world .\nwe have a presence in 46 countries .\nthe following table shows the regional distribution of our major manufacturing sites by the operating segment that uses such facilities : north america europe , middle east & africa asia pacific south america total .\n\nTable Data:\n[['', 'north america', 'europemiddle east& africa', 'asia pacific', 'south america', 'total'], ['electrical/electronic architecture', '32', '34', '25', '5', '96'], ['powertrain systems', '4', '8', '5', '1', '18'], ['electronics and safety', '3', '6', '3', '2014', '12'], ['total', '39', '48', '33', '6', '126']]\n\nFollowing Text:\nin addition to these manufacturing sites , we had 15 major technical centers : five in north america ; five in europe , middle east and africa ; four in asia pacific ; and one in south america .\nof our 126 major manufacturing sites and 15 major technical centers , which include facilities owned or leased by our consolidated subsidiaries , 75 are primarily owned and 66 are primarily leased .\nwe frequently review our real estate portfolio and develop footprint strategies to support our customers 2019 global plans , while at the same time supporting our technical needs and controlling operating expenses .\nwe believe our evolving portfolio will meet current and anticipated future needs .\nitem 3 .\nlegal proceedings we are from time to time subject to various actions , claims , suits , government investigations , and other proceedings incidental to our business , including those arising out of alleged defects , breach of contracts , competition and antitrust matters , product warranties , intellectual property matters , personal injury claims and employment-related matters .\nit is our opinion that the outcome of such matters will not have a material adverse impact on our consolidated financial position , results of operations , or cash flows .\nwith respect to warranty matters , although we cannot ensure that the future costs of warranty claims by customers will not be material , we believe our established reserves are adequate to cover potential warranty settlements .\nhowever , the final amounts required to resolve these matters could differ materially from our recorded estimates. .\n\nQuestion: what is the percentage of electronics and safety sites among all sites?",
        "solution": "9.52%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APD/2019/page_108.pdf\n\nID: APD/2019/page_108.pdf-2\n\nPrevious Text:\nthe descriptions and fair value methodologies for the u.s .\nand international pension plan assets are as follows : cash and cash equivalents the carrying amounts of cash and cash equivalents approximate fair value due to the short-term maturity .\nequity securities equity securities are valued at the closing market price reported on a u.s .\nor international exchange where the security is actively traded and are therefore classified as level 1 assets .\nequity mutual and pooled funds shares of mutual funds are valued at the nav of the fund and are classified as level 1 assets .\nunits of pooled funds are valued at the per unit nav determined by the fund manager based on the value of the underlying traded holdings and are classified as level 2 assets .\ncorporate and government bonds corporate and government bonds are classified as level 2 assets , as they are either valued at quoted market prices from observable pricing sources at the reporting date or valued based upon comparable securities with similar yields and credit ratings .\nother pooled funds other pooled funds classified as level 2 assets are valued at the nav of the shares held at year end , which is based on the fair value of the underlying investments .\nsecurities and interests classified as level 3 assets are carried at the estimated fair value .\nthe estimated fair value is based on the fair value of the underlying investment values , which includes estimated bids from brokers or other third-party vendor sources that utilize expected cash flow streams and other uncorroborated data including counterparty credit quality , default risk , discount rates , and the overall capital market liquidity .\ninsurance contracts insurance contracts are classified as level 3 assets , as they are carried at contract value , which approximates the estimated fair value .\nthe estimated fair value is based on the fair value of the underlying investment of the insurance company and discount rates that require inputs with limited observability .\ncontributions and projected benefit payments pension contributions to funded plans and benefit payments for unfunded plans for fiscal year 2019 were $ 40.2 .\ncontributions for funded plans resulted primarily from contractual and regulatory requirements .\nbenefit payments to unfunded plans were due primarily to the timing of retirements .\nwe anticipate contributing $ 30 to $ 40 to the defined benefit pension plans in fiscal year 2020 .\nthese contributions are anticipated to be driven primarily by contractual and regulatory requirements for funded plans and benefit payments for unfunded plans , which are dependent upon timing of retirements .\nprojected benefit payments , which reflect expected future service , are as follows: .\n\nTable Data:\n[['', 'u.s .', 'international'], ['2020', '$ 166.8', '$ 47.9'], ['2021', '160.0', '49.1'], ['2022', '166.0', '50.1'], ['2023', '170.1', '54.3'], ['2024', '174.1', '58.0'], ['2025-2029', '919.9', '308.3']]\n\nFollowing Text:\nthese estimated benefit payments are based on assumptions about future events .\nactual benefit payments may vary significantly from these estimates. .\n\nQuestion: considering the international projected benefit payments , what is the average yearly projection of the 2025-2029 period?",
        "solution": "61.66"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2015/page_72.pdf\n\nID: HWM/2015/page_72.pdf-1\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .\nthe company 2019s common stock is listed on the new york stock exchange where it trades under the symbol aa .\nthe company 2019s quarterly high and low trading stock prices and dividends per common share for 2015 and 2014 are shown below. .\n\nTable Data:\n[['quarter', '2015 high', '2015 low', '2015 dividend', '2015 high', '2015 low', 'dividend'], ['first', '$ 17.10', '$ 12.65', '$ 0.03', '$ 12.97', '$ 9.82', '$ 0.03'], ['second', '14.29', '11.15', '0.03', '15.18', '12.34', '0.03'], ['third', '11.23', '7.97', '0.03', '17.36', '14.56', '0.03'], ['fourth', '11.18', '7.81', '0.03', '17.75', '13.71', '0.03'], ['year', '17.10', '7.81', '$ 0.12', '17.75', '9.82', '$ 0.12']]\n\nFollowing Text:\nthe number of holders of record of common stock was approximately 10101 as of february 11 , 2016. .\n\nQuestion: what is the decrease observed in the high trading stock prices in the first and second quarters in 2015?",
        "solution": "2.81"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VTR/2007/page_48.pdf\n\nID: VTR/2007/page_48.pdf-2\n\nPrevious Text:\nstock performance graph the following performance graph compares the cumulative total return ( including dividends ) to the holders of our common stock from december 31 , 2002 through december 31 , 2007 , with the cumulative total returns of the nyse composite index , the ftse nareit composite reit index ( the 201call reit index 201d ) , the ftse nareit healthcare equity reit index ( the 201chealthcare reit index 201d ) and the russell 1000 index over the same period .\nthe comparison assumes $ 100 was invested on december 31 , 2002 in our common stock and in each of the foregoing indices and assumes reinvestment of dividends , as applicable .\nwe have included the nyse composite index in the performance graph because our common stock is listed on the nyse .\nwe have included the other indices because we believe that they are either most representative of the industry in which we compete , or otherwise provide a fair basis for comparison with ventas , and are therefore particularly relevant to an assessment of our performance .\nthe figures in the table below are rounded to the nearest dollar. .\n\nTable Data:\n[['', '12/31/2002', '12/31/2003', '12/31/2004', '12/31/2005', '12/31/2006', '12/31/2007'], ['ventas', '$ 100', '$ 206', '$ 270', '$ 331', '$ 457', '$ 512'], ['nyse composite index', '$ 100', '$ 132', '$ 151', '$ 166', '$ 200', '$ 217'], ['all reit index', '$ 100', '$ 138', '$ 181', '$ 196', '$ 262', '$ 215'], ['healthcare reit index', '$ 100', '$ 154', '$ 186', '$ 189', '$ 273', '$ 279'], ['russell 1000 index', '$ 100', '$ 130', '$ 145', '$ 154', '$ 178', '$ 188']]\n\nFollowing Text:\nventas nyse composite index all reit index healthcare reit index russell 1000 index .\n\nQuestion: what was the 5 year return on the nyse composite index?",
        "solution": "117%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2018/page_59.pdf\n\nID: BKR/2018/page_59.pdf-2\n\nPrevious Text:\nbhge 2018 form 10-k | 39 outstanding under the commercial paper program .\nthe maximum combined borrowing at any time under both the 2017 credit agreement and the commercial paper program is $ 3 billion .\nif market conditions were to change and our revenue was reduced significantly or operating costs were to increase , our cash flows and liquidity could be reduced .\nadditionally , it could cause the rating agencies to lower our credit rating .\nthere are no ratings triggers that would accelerate the maturity of any borrowings under our committed credit facility .\nhowever , a downgrade in our credit ratings could increase the cost of borrowings under the credit facility and could also limit or preclude our ability to issue commercial paper .\nshould this occur , we could seek alternative sources of funding , including borrowing under the credit facility .\nduring the year ended december 31 , 2018 , we used cash to fund a variety of activities including certain working capital needs and restructuring costs , capital expenditures , the repayment of debt , payment of dividends , distributions to ge and share repurchases .\nwe believe that cash on hand , cash flows generated from operations and the available credit facility will provide sufficient liquidity to manage our global cash needs .\ncash flows cash flows provided by ( used in ) each type of activity were as follows for the years ended december 31: .\n\nTable Data:\n[['( in millions )', '2018', '2017', '2016'], ['operating activities', '$ 1762', '$ -799 ( 799 )', '$ 262'], ['investing activities', '-578 ( 578 )', '-4123 ( 4123 )', '-472 ( 472 )'], ['financing activities', '-4363 ( 4363 )', '10919', '-102 ( 102 )']]\n\nFollowing Text:\noperating activities our largest source of operating cash is payments from customers , of which the largest component is collecting cash related to product or services sales including advance payments or progress collections for work to be performed .\nthe primary use of operating cash is to pay our suppliers , employees , tax authorities and others for a wide range of material and services .\ncash flows from operating activities generated cash of $ 1762 million and used cash of $ 799 million for the years ended december 31 , 2018 and 2017 , respectively .\ncash flows from operating activities increased $ 2561 million in 2018 primarily driven by better operating performance .\nthese cash inflows were supported by strong working capital cash flows , especially in the fourth quarter of 2018 , including approximately $ 300 million for a progress collection payment from a customer .\nincluded in our cash flows from operating activities for 2018 and 2017 are payments of $ 473 million and $ 612 million , respectively , made primarily for employee severance as a result of our restructuring activities and merger and related costs .\ncash flows from operating activities used $ 799 million and generated $ 262 million for the years ended december 31 , 2017 and 2016 , respectively .\ncash flows from operating activities decreased $ 1061 million in 2017 primarily driven by a $ 1201 million negative impact from ending our receivables monetization program in the fourth quarter , and restructuring related payments throughout the year .\nthese cash outflows were partially offset by strong working capital cash flows , especially in the fourth quarter of 2017 .\nincluded in our cash flows from operating activities for 2017 and 2016 are payments of $ 612 million and $ 177 million , respectively , made for employee severance as a result of our restructuring activities and merger and related costs .\ninvesting activities cash flows from investing activities used cash of $ 578 million , $ 4123 million and $ 472 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nour principal recurring investing activity is the funding of capital expenditures to ensure that we have the appropriate levels and types of machinery and equipment in place to generate revenue from operations .\nexpenditures for capital assets totaled $ 995 million , $ 665 million and $ 424 million for 2018 , 2017 and 2016 , respectively , partially offset by cash flows from the sale of property , plant and equipment of $ 458 million , $ 172 million and $ 20 million in 2018 , 2017 and 2016 , respectively .\nproceeds from the disposal of assets related primarily .\n\nQuestion: what are the cash flows from the sale of property , plant and equipment in 2018 as a percentage of cash from operating activities in 2018?",
        "solution": "26.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2018/page_45.pdf\n\nID: IP/2018/page_45.pdf-1\n\nPrevious Text:\nother corporate special items in addition , other pre-tax corporate special items totaling $ 30 million , $ 0 million and $ 8 million were recorded in 2018 , 2017 and 2016 , respectively .\ndetails of these charges were as follows : other corporate items .\n\nTable Data:\n[['in millions', '2018', '2017', '2016'], ['smurfit-kappa acquisition proposal costs', '$ 12', '$ 2014', '$ 2014'], ['environmental remediation reserve adjustment', '9', '2014', '2014'], ['legal settlement', '9', '2014', '2014'], ['write-off of certain regulatory pre-engineering costs', '2014', '2014', '8'], ['total', '$ 30', '$ 2014', '$ 8']]\n\nFollowing Text:\nimpairments of goodwill no goodwill impairment charges were recorded in 2018 , 2017 or 2016 .\nnet losses on sales and impairments of businesses net losses on sales and impairments of businesses included in special items totaled a pre-tax loss of $ 122 million in 2018 related to the impairment of an intangible asset and fixed assets in the brazil packaging business , a pre-tax loss of $ 9 million in 2017 related to the write down of the long-lived assets of the company's asia foodservice business to fair value and a pre-tax loss of $ 70 million related to severance and the impairment of the ip asia packaging business in 2016 .\nsee note 8 divestitures and impairments on pages 54 and 55 of item 8 .\nfinancial statements and supplementary data for further discussion .\ndescription of business segments international paper 2019s business segments discussed below are consistent with the internal structure used to manage these businesses .\nall segments are differentiated on a common product , common customer basis consistent with the business segmentation generally used in the forest products industry .\nindustrial packaging international paper is the largest manufacturer of containerboard in the united states .\nour u.s .\nproduction capacity is over 13 million tons annually .\nour products include linerboard , medium , whitetop , recycled linerboard , recycled medium and saturating kraft .\nabout 80% ( 80 % ) of our production is converted into corrugated boxes and other packaging by our 179 north american container plants .\nadditionally , we recycle approximately one million tons of occ and mixed and white paper through our 18 recycling plants .\nour container plants are supported by regional design centers , which offer total packaging solutions and supply chain initiatives .\nin emea , our operations include one recycled fiber containerboard mill in morocco , a recycled containerboard mill in spain and 26 container plants in france , italy , spain , morocco and turkey .\nin brazil , our operations include three containerboard mills and four box plants .\ninternational paper also produces high quality coated paperboard for a variety of packaging end uses with 428000 tons of annual capacity at our mills in poland and russia .\nglobal cellulose fibers our cellulose fibers product portfolio includes fluff , market and specialty pulps .\ninternational paper is the largest producer of fluff pulp which is used to make absorbent hygiene products like baby diapers , feminine care , adult incontinence and other non-woven products .\nour market pulp is used for tissue and paper products .\nwe continue to invest in exploring new innovative uses for our products , such as our specialty pulps , which are used for non-absorbent end uses including textiles , filtration , construction material , paints and coatings , reinforced plastics and more .\nour products are made in the united states , canada , france , poland , and russia and are sold around the world .\ninternational paper facilities have annual dried pulp capacity of about 4 million metric tons .\nprinting papers international paper is one of the world 2019s largest producers of printing and writing papers .\nthe primary product in this segment is uncoated papers .\nthis business produces papers for use in copiers , desktop and laser printers and digital imaging .\nend-use applications include advertising and promotional materials such as brochures , pamphlets , greeting cards , books , annual reports and direct mail .\nuncoated papers also produces a variety of grades that are converted by our customers into envelopes , tablets , business forms and file folders .\nuncoated papers are sold under private label and international paper brand names that include hammermill , springhill , williamsburg , postmark , accent , great white , chamex , ballet , rey , pol , and svetocopy .\nthe mills producing uncoated papers are located in the united states , france , poland , russia , brazil and india .\nthe mills have uncoated paper production capacity of over 4 million tons annually .\nbrazilian operations function through international paper do brasil , ltda , which owns or manages approximately 329000 acres of forestlands in brazil. .\n\nQuestion: considering the other corporate special items in addition , what is the variation observed in the other pre-tax corporate special items during 2017 and 2018 , in millions of dollars?",
        "solution": "30"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CMCSA/2008/page_59.pdf\n\nID: CMCSA/2008/page_59.pdf-4\n\nPrevious Text:\nllc 201d ) , that will focus on the deployment of a nationwide 4g wire- less network .\nwe , together with the other members of the investor group , have invested $ 3.2 billion in clearwire llc .\nour portion of the investment was $ 1.05 billion .\nas a result of our investment , we received ownership units ( 201cownership units 201d ) of clearwire llc and class b stock ( 201cvoting stock 201d ) of clearwire corporation , the pub- licly traded holding company that controls clearwire llc .\nthe voting stock has voting rights equal to those of the publicly traded class a stock of clearwire corporation , but has only minimal economic rights .\nwe hold our economic rights through the owner- ship units , which have limited voting rights .\none ownership unit combined with one share of voting stock are exchangeable into one share of clearwire corporation 2019s publicly traded class a stock .\nat closing , we received 52.5 million ownership units and 52.5 million shares of voting stock , which represents an approx- imate 7% ( 7 % ) ownership interest on a fully diluted basis .\nduring the first quarter of 2009 , the purchase price per share is expected to be adjusted based on the trading prices of clearwire corporation 2019s publicly traded class a stock .\nafter the post-closing adjustment , we anticipate that we will have an approximate 8% ( 8 % ) ownership interest on a fully diluted basis .\nin connection with the clearwire transaction , we entered into an agreement with sprint that allows us to offer wireless services utilizing certain of sprint 2019s existing wireless networks and an agreement with clearwire llc that allows us to offer wireless serv- ices utilizing clearwire 2019s next generation wireless broadband network .\nwe allocated a portion of our $ 1.05 billion investment to the related agreements .\nwe will account for our investment under the equity method and record our share of net income or loss one quarter in arrears .\nclearwire llc is expected to incur losses in the early years of operation , which under the equity method of accounting , will be reflected in our future operating results and reduce the cost basis of our investment .\nwe evaluated our investment at december 31 , 2008 to determine if an other than temporary decline in fair value below our cost basis had occurred .\nthe primary input in estimating the fair value of our investment was the quoted market value of clearwire publicly traded class a shares at december 31 , 2008 , which declined significantly from the date of our initial agreement in may 2008 .\nas a result of the severe decline in the quoted market value , we recognized an impairment in other income ( expense ) of $ 600 million to adjust our cost basis in our investment to its esti- mated fair value .\nin the future , our evaluation of other than temporary declines in fair value of our investment will include a comparison of actual operating results and updated forecasts to the projected discounted cash flows that were used in making our initial investment decision , other impairment indicators , such as changes in competition or technology , as well as a comparison to the value that would be obtained by exchanging our investment into clearwire corporation 2019s publicly traded class a shares .\ncost method airtouch communications , inc .\nwe hold two series of preferred stock of airtouch communica- tions , inc .\n( 201cairtouch 201d ) , a subsidiary of vodafone , which are redeemable in april 2020 .\nas of december 31 , 2008 and 2007 , the airtouch preferred stock was recorded at $ 1.479 billion and $ 1.465 billion , respectively .\nas of december 31 , 2008 , the estimated fair value of the airtouch preferred stock was $ 1.357 billion , which is below our carrying amount .\nthe recent decline in fair value is attributable to changes in interest rates .\nwe have determined this decline to be temporary .\nthe factors considered were the length of time and the extent to which the market value has been less than cost , the credit rating of airtouch , and our intent and ability to retain the investment for a period of time sufficient to allow for recovery .\nspecifically , we expect to hold the two series of airtouch preferred stock until their redemption in 2020 .\nthe dividend and redemption activity of the airtouch preferred stock determines the dividend and redemption payments asso- ciated with substantially all of the preferred shares issued by one of our consolidated subsidiaries , which is a vie .\nthe subsidiary has three series of preferred stock outstanding with an aggregate redemption value of $ 1.750 billion .\nsubstantially all of the preferred shares are redeemable in april 2020 at a redemption value of $ 1.650 billion .\nas of december 31 , 2008 and 2007 , the two redeemable series of subsidiary preferred shares were recorded at $ 1.468 billion and $ 1.465 billion , respectively , and those amounts are included in other noncurrent liabilities .\nthe one nonredeemable series of subsidiary preferred shares was recorded at $ 100 million as of both december 31 , 2008 and 2007 and those amounts are included in minority interest on our consolidated balance sheet .\ninvestment income ( loss ) , net .\n\nTable Data:\n[['year ended december 31 ( in millions )', '2008', '2007', '2006'], ['gains on sales and exchanges of investments net', '$ 8', '$ 151', '$ 733'], ['investment impairment losses', '-28 ( 28 )', '-4 ( 4 )', '-4 ( 4 )'], ['unrealized gains ( losses ) on trading securities and hedged items', '-1117 ( 1117 )', '315', '339'], ['mark to market adjustments on derivatives related to trading securities and hedged items', '1120', '-188 ( 188 )', '-238 ( 238 )'], ['mark to market adjustments on derivatives', '57', '160', '-18 ( 18 )'], ['interest and dividend income', '149', '199', '212'], ['other', '-100 ( 100 )', '-32 ( 32 )', '-34 ( 34 )'], ['investment income ( loss ) net', '$ 89', '$ 601', '$ 990']]\n\nFollowing Text:\n55 comcast 2008 annual report on form 10-k .\n\nQuestion: what was the percent of our investment in clearwire compared to other investors",
        "solution": "32.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LKQ/2018/page_93.pdf\n\nID: LKQ/2018/page_93.pdf-1\n\nPrevious Text:\nwe have not capitalized any stock-based compensation costs during the years ended december 31 , 2018 , 2017 , and as of december 31 , 2018 , unrecognized compensation expense related to unvested rsus is expected to be recognized as follows ( in thousands ) : .\n\nTable Data:\n[['', 'rsus'], ['2019', '$ 15166'], ['2020', '9715'], ['2021', '6315'], ['2022', '3458'], ['2023', '150'], ['total unrecognized compensation expense', '$ 34804']]\n\nFollowing Text:\nstock-based compensation expense related to these awards will be different to the extent that forfeitures are realized. .\n\nQuestion: in 2018 what was the percent of the total unrecognized compensation expense due in 2020",
        "solution": "27.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: L/2016/page_62.pdf\n\nID: L/2016/page_62.pdf-2\n\nPrevious Text:\nitem 5 .\nmarket for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2016 .\nthe graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2011 and that all dividends were reinvested. .\n\nTable Data:\n[['', '2011', '2012', '2013', '2014', '2015', '2016'], ['loews common stock', '100.0', '108.91', '129.64', '113.59', '104.47', '128.19'], ['s&p 500 index', '100.0', '116.00', '153.57', '174.60', '177.01', '198.18'], ['loews peer group ( a )', '100.0', '113.39', '142.85', '150.44', '142.44', '165.34']]\n\nFollowing Text:\n( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : chubb limited ( name change from ace limited after it acquired the chubb corporation on january 15 , 2016 ) , w.r .\nberkley corporation , the chubb corporation ( included through january 15 , 2016 when it was acquired by ace limited ) , energy transfer partners l.p. , ensco plc , the hartford financial services group , inc. , kinder morgan energy partners , l.p .\n( included through november 26 , 2014 when it was acquired by kinder morgan inc. ) , noble corporation , spectra energy corp , transocean ltd .\nand the travelers companies , inc .\ndividend information we have paid quarterly cash dividends in each year since 1967 .\nregular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2016 and 2015. .\n\nQuestion: what is the roi of an investment in s&p500 index from 2011 to 2012?",
        "solution": "16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SWKS/2012/page_116.pdf\n\nID: SWKS/2012/page_116.pdf-4\n\nPrevious Text:\nskyworks solutions , inc .\nnotes to consolidated financial statements 2014 ( continued ) maintained a valuation allowance of $ 47.0 million .\nthis valuation allowance is comprised of $ 33.6 million related to u.s .\nstate tax credits , of which $ 3.6 million are state tax credits acquired from aati in fiscal year 2012 , and $ 13.4 million related to foreign deferred tax assets .\nif these benefits are recognized in a future period the valuation allowance on deferred tax assets will be reversed and up to a $ 46.6 million income tax benefit , and up to a $ 0.4 million reduction to goodwill may be recognized .\nthe company will need to generate $ 209.0 million of future united states federal taxable income to utilize our united states deferred tax assets as of september 28 , 2012 .\ndeferred tax assets are recognized for foreign operations when management believes it is more likely than not that the deferred tax assets will be recovered during the carry forward period .\nthe company will continue to assess its valuation allowance in future periods .\nas of september 28 , 2012 , the company has united states federal net operating loss carry forwards of approximately $ 74.3 million , including $ 29.5 million related to the acquisition of sige , which will expire at various dates through 2030 and $ 28.1 million related to the acquisition of aati , which will expire at various dates through 2031 .\nthe utilization of these net operating losses is subject to certain annual limitations as required under internal revenue code section 382 and similar state income tax provisions .\nthe company also has united states federal income tax credit carry forwards of $ 37.8 million , of which $ 30.4 million of federal income tax credit carry forwards have not been recorded as a deferred tax asset .\nthe company also has state income tax credit carry forwards of $ 33.6 million , for which the company has provided a valuation allowance .\nthe united states federal tax credits expire at various dates through 2032 .\nthe state tax credits relate primarily to california research tax credits which can be carried forward indefinitely .\nthe company has continued to expand its operations and increase its investments in numerous international jurisdictions .\nthese activities will increase the company 2019s earnings attributable to foreign jurisdictions .\nas of september 28 , 2012 , no provision has been made for united states federal , state , or additional foreign income taxes related to approximately $ 371.5 million of undistributed earnings of foreign subsidiaries which have been or are intended to be permanently reinvested .\nit is not practicable to determine the united states federal income tax liability , if any , which would be payable if such earnings were not permanently reinvested .\nthe company 2019s gross unrecognized tax benefits totaled $ 52.4 million and $ 32.1 million as of september 28 , 2012 and september 30 , 2011 , respectively .\nof the total unrecognized tax benefits at september 28 , 2012 , $ 38.8 million would impact the effective tax rate , if recognized .\nthe remaining unrecognized tax benefits would not impact the effective tax rate , if recognized , due to the company 2019s valuation allowance and certain positions which were required to be capitalized .\nthere are no positions which the company anticipates could change within the next twelve months .\na reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in thousands ) : unrecognized tax benefits .\n\nTable Data:\n[['', 'unrecognized tax benefits'], ['balance at september 30 2011', '$ 32136'], ['increases based on positions related to prior years', '9004'], ['increases based on positions related to current year', '11265'], ['decreases relating to settlements with taxing authorities', '2014'], ['decreases relating to lapses of applicable statutes of limitations', '-25 ( 25 )'], ['balance at september 28 2012', '$ 52380']]\n\nFollowing Text:\npage 114 annual report .\n\nQuestion: what was the percentage change in the company 2019s gross unrecognized tax benefits from 2011 to 2012",
        "solution": "63.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2006/page_96.pdf\n\nID: STT/2006/page_96.pdf-1\n\nPrevious Text:\nfor the year ended december 31 , 2005 , we realized net losses of $ 1 million on sales of available-for- sale securities .\nunrealized gains of $ 1 million were included in other comprehensive income at december 31 , 2004 , net of deferred taxes of less than $ 1 million , related to these sales .\nfor the year ended december 31 , 2004 , we realized net gains of $ 26 million on sales of available-for- sale securities .\nunrealized gains of $ 11 million were included in other comprehensive income at december 31 , 2003 , net of deferred taxes of $ 7 million , related to these sales .\nnote 13 .\nequity-based compensation the 2006 equity incentive plan was approved by shareholders in april 2006 , and 20000000 shares of common stock were approved for issuance for stock and stock-based awards , including stock options , stock appreciation rights , restricted stock , deferred stock and performance awards .\nin addition , up to 8000000 shares from our 1997 equity incentive plan , that were available to issue or become available due to cancellations and forfeitures , may be awarded under the 2006 plan .\nthe 1997 plan expired on december 18 , 2006 .\nas of december 31 , 2006 , 1305420 shares from the 1997 plan have been added to and may be awarded from the 2006 plan .\nas of december 31 , 2006 , 106045 awards have been made under the 2006 plan .\nwe have stock options outstanding from previous plans , including the 1997 plan , under which no further grants can be made .\nthe exercise price of non-qualified and incentive stock options and stock appreciation rights may not be less than the fair value of such shares at the date of grant .\nstock options and stock appreciation rights issued under the 2006 plan and the prior 1997 plan generally vest over four years and expire no later than ten years from the date of grant .\nfor restricted stock awards issued under the 2006 plan and the prior 1997 plan , stock certificates are issued at the time of grant and recipients have dividend and voting rights .\nin general , these grants vest over three years .\nfor deferred stock awards issued under the 2006 plan and the prior 1997 plan , no stock is issued at the time of grant .\ngenerally , these grants vest over two- , three- or four-year periods .\nperformance awards granted under the 2006 equity incentive plan and the prior 1997 plan are earned over a performance period based on achievement of goals , generally over two- to three- year periods .\npayment for performance awards is made in shares of our common stock or in cash equal to the fair market value of our common stock , based on certain financial ratios after the conclusion of each performance period .\nwe record compensation expense , equal to the estimated fair value of the options on the grant date , on a straight-line basis over the options 2019 vesting period .\nwe use a black-scholes option-pricing model to estimate the fair value of the options granted .\nthe weighted-average assumptions used in connection with the option-pricing model were as follows for the years indicated. .\n\nTable Data:\n[['', '2006', '2005', '2004'], ['dividend yield', '1.41% ( 1.41 % )', '1.85% ( 1.85 % )', '1.35% ( 1.35 % )'], ['expected volatility', '26.50', '28.70', '27.10'], ['risk-free interest rate', '4.60', '4.19', '3.02'], ['expected option lives ( in years )', '7.8', '7.8', '5.0']]\n\nFollowing Text:\ncompensation expense related to stock options , stock appreciation rights , restricted stock awards , deferred stock awards and performance awards , which we record as a component of salaries and employee benefits expense in our consolidated statement of income , was $ 208 million , $ 110 million and $ 74 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively .\nthe related total income tax benefit recorded in our consolidated statement of income was $ 83 million , $ 44 million and $ 30 million for 2006 , 2005 and 2004 , respectively .\nseq 87 copyarea : 38 .\nx 54 .\ntrimsize : 8.25 x 10.75 typeset state street corporation serverprocess c:\\\\fc\\\\delivery_1024177\\\\2771-1-do_p.pdf chksum : 0 cycle 1merrill corporation 07-2771-1 thu mar 01 17:11:13 2007 ( v 2.247w--stp1pae18 ) .\n\nQuestion: by what percent did the risk free interest rate increase between 2004 and 2006?",
        "solution": "52.32%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SWKS/2010/page_105.pdf\n\nID: SWKS/2010/page_105.pdf-1\n\nPrevious Text:\n31mar201122064257 positions which were required to be capitalized .\nthere are no positions which we anticipate could change materially within the next twelve months .\nliquidity and capital resources .\n\nTable Data:\n[['( dollars in thousands )', 'fiscal years ended october 1 2010', 'fiscal years ended october 2 2009', 'fiscal years ended october 3 2008'], ['cash and cash equivalents at beginning of period', '$ 364221', '$ 225104', '$ 241577'], ['net cash provided by operating activities', '222962', '218805', '182673'], ['net cash used in investing activities', '-95329 ( 95329 )', '-49528 ( 49528 )', '-94959 ( 94959 )'], ['net cash used in financing activities', '-38597 ( 38597 )', '-30160 ( 30160 )', '-104187 ( 104187 )'], ['cash and cash equivalents at end of period ( 1 )', '$ 453257', '$ 364221', '$ 225104']]\n\nFollowing Text:\n( 1 ) does not include restricted cash balances cash flow from operating activities : cash provided from operating activities is net income adjusted for certain non-cash items and changes in certain assets and liabilities .\nfor fiscal year 2010 we generated $ 223.0 million in cash flow from operations , an increase of $ 4.2 million when compared to the $ 218.8 million generated in fiscal year 2009 .\nduring fiscal year 2010 , net income increased by $ 42.3 million to $ 137.3 million when compared to fiscal year 2009 .\ndespite the increase in net income , net cash provided by operating activities remained relatively consistent .\nthis was primarily due to : 2022 fiscal year 2010 net income included a deferred tax expense of $ 38.5 million compared to a $ 24.9 million deferred tax benefit included in 2009 net income due to the release of the tax valuation allowance in fiscal year 2009 .\n2022 during fiscal year 2010 , the company invested in working capital as result of higher business activity .\ncompared to fiscal year 2009 , accounts receivable , inventory and accounts payable increased by $ 60.9 million , $ 38.8 million and $ 42.9 million , respectively .\ncash flow from investing activities : cash flow from investing activities consists primarily of capital expenditures and acquisitions .\nwe had net cash outflows of $ 95.3 million in fiscal year 2010 , compared to $ 49.5 million in fiscal year 2009 .\nthe increase is primarily due to an increase of $ 49.8 million in capital expenditures .\nwe anticipate our capital spending to be consistent in fiscal year 2011 to maintain our projected growth rate .\ncash flow from financing activities : cash flows from financing activities consist primarily of cash transactions related to debt and equity .\nduring fiscal year 2010 , we had net cash outflows of $ 38.6 million , compared to $ 30.2 million in fiscal year 2009 .\nduring the year we had the following significant transactions : 2022 we retired $ 53.0 million in aggregate principal amount ( carrying value of $ 51.1 million ) of 2007 convertible notes for $ 80.7 million , which included a $ 29.6 million premium paid for the equity component of the instrument .\n2022 we received net proceeds from employee stock option exercises of $ 40.5 million in fiscal year 2010 , compared to $ 38.7 million in fiscal year 2009 .\nskyworks / 2010 annual report 103 .\n\nQuestion: in 2009 what was the percentage change in the liquidity and capital resources",
        "solution": "61.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMAT/2017/page_33.pdf\n\nID: AMAT/2017/page_33.pdf-2\n\nPrevious Text:\nperformance graph the performance graph below shows the five-year cumulative total stockholder return on applied common stock during the period from october 28 , 2012 through october 29 , 2017 .\nthis is compared with the cumulative total return of the standard & poor 2019s 500 stock index and the rdg semiconductor composite index over the same period .\nthe comparison assumes $ 100 was invested on october 28 , 2012 in applied common stock and in each of the foregoing indices and assumes reinvestment of dividends , if any .\ndollar amounts in the graph are rounded to the nearest whole dollar .\nthe performance shown in the graph represents past performance and should not be considered an indication of future performance .\ncomparison of 5 year cumulative total return* among applied materials , inc. , the s&p 500 index and the rdg semiconductor composite index *assumes $ 100 invested on 10/28/12 in stock or 10/31/12 in index , including reinvestment of dividends .\nindexes calculated on month-end basis .\ncopyright a9 2017 standard & poor 2019s , a division of s&p global .\nall rights reserved. .\n\nTable Data:\n[['', '10/28/2012', '10/27/2013', '10/26/2014', '10/25/2015', '10/30/2016', '10/29/2017'], ['applied materials', '100.00', '171.03', '207.01', '165.34', '293.64', '586.91'], ['s&p 500 index', '100.00', '127.18', '149.14', '156.89', '163.97', '202.72'], ['rdg semiconductor composite index', '100.00', '131.94', '167.25', '160.80', '193.36', '288.96']]\n\nFollowing Text:\ndividends during each of fiscal 2017 , 2016 and 2015 , applied 2019s board of directors declared four quarterly cash dividends in the amount of $ 0.10 per share .\napplied currently anticipates that cash dividends will continue to be paid on a quarterly basis , although the declaration of any future cash dividend is at the discretion of the board of directors and will depend on applied 2019s financial condition , results of operations , capital requirements , business conditions and other factors , as well as a determination by the board of directors that cash dividends are in the best interests of applied 2019s stockholders .\n10/28/12 10/27/13 10/26/14 10/25/15 10/30/16 10/29/17 applied materials , inc .\ns&p 500 rdg semiconductor composite .\n\nQuestion: what is the roi in s&p500 if the investment was made in 2012 and sold in 2015?",
        "solution": "56.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2016/page_69.pdf\n\nID: RSG/2016/page_69.pdf-1\n\nPrevious Text:\nliquidity and capital resources the major components of changes in cash flows for 2016 , 2015 and 2014 are discussed in the following paragraphs .\nthe following table summarizes our cash flow from operating activities , investing activities and financing activities for the years ended december 31 , 2016 , 2015 and 2014 ( in millions of dollars ) : .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['net cash provided by operating activities', '$ 1847.8', '$ 1679.7', '$ 1529.8'], ['net cash used in investing activities', '-961.2 ( 961.2 )', '-1482.8 ( 1482.8 )', '-959.8 ( 959.8 )'], ['net cash used in financing activities', '-851.2 ( 851.2 )', '-239.7 ( 239.7 )', '-708.1 ( 708.1 )']]\n\nFollowing Text:\ncash flows provided by operating activities the most significant items affecting the comparison of our operating cash flows for 2016 and 2015 are summarized below : changes in assets and liabilities , net of effects from business acquisitions and divestitures , decreased our cash flow from operations by $ 205.2 million in 2016 , compared to a decrease of $ 316.7 million in 2015 , primarily as a result of the following : 2022 our accounts receivable , exclusive of the change in allowance for doubtful accounts and customer credits , increased $ 52.3 million during 2016 due to the timing of billings net of collections , compared to a $ 15.7 million increase in 2015 .\nas of december 31 , 2016 and 2015 , our days sales outstanding were 38.1 and 38.3 days , or 26.1 and 25.8 days net of deferred revenue , respectively .\n2022 our accounts payable decreased $ 9.8 million during 2016 compared to an increase of $ 35.6 million during 2015 , due to the timing of payments .\n2022 cash paid for capping , closure and post-closure obligations was $ 11.0 million lower during 2016 compared to 2015 .\nthe decrease in cash paid for capping , closure , and post-closure obligations is primarily due to payments in 2015 related to a required capping event at one of our closed landfills .\n2022 cash paid for remediation obligations was $ 13.2 million lower during 2016 compared to 2015 primarily due to the timing of obligations .\nin addition , cash paid for income taxes was approximately $ 265 million and $ 321 million for 2016 and 2015 , respectively .\nincome taxes paid in 2016 and 2015 reflect the favorable tax depreciation provisions of the protecting americans from tax hikes act signed into law in december 2015 as well as the realization of certain tax credits .\ncash paid for interest was $ 330.2 million and $ 327.6 million for 2016 and 2015 , respectively .\nthe most significant items affecting the comparison of our operating cash flows for 2015 and 2014 are summarized below : changes in assets and liabilities , net of effects of business acquisitions and divestitures , decreased our cash flow from operations by $ 316.7 million in 2015 , compared to a decrease of $ 295.6 million in 2014 , primarily as a result of the following : 2022 our accounts receivable , exclusive of the change in allowance for doubtful accounts and customer credits , increased $ 15.7 million during 2015 due to the timing of billings , net of collections , compared to a $ 54.3 million increase in 2014 .\nas of december 31 , 2015 and 2014 , our days sales outstanding were 38 days , or 26 and 25 days net of deferred revenue , respectively .\n2022 our accounts payable increased $ 35.6 million and $ 3.3 million during 2015 and 2014 , respectively , due to the timing of payments as of december 31 , 2015. .\n\nQuestion: what was the net change in cash in 2016 in millions",
        "solution": "35.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VNO/2006/page_95.pdf\n\nID: VNO/2006/page_95.pdf-1\n\nPrevious Text:\nproperties 51vornado realty trust industrial properties our dry warehouse/industrial properties consist of seven buildings in new jersey containing approximately 1.5 million square feet .\nthe properties are encumbered by two cross-collateralized mortgage loans aggregating $ 47179000 as of december 31 , 2006 .\naverage lease terms range from three to five years .\nthe following table sets forth the occupancy rate and average annual rent per square foot at the end of each of the past five years .\naverage annual occupancy rent per as of december 31 , rate square foot .\n\nTable Data:\n[['as of december 31,', 'occupancy rate', 'average annual rent per square foot'], ['2006', '96.9% ( 96.9 % )', '$ 4.17'], ['2005', '100.0% ( 100.0 % )', '4.19'], ['2004', '88.0% ( 88.0 % )', '3.96'], ['2003', '88.0% ( 88.0 % )', '3.86'], ['2002', '100.0% ( 100.0 % )', '3.89']]\n\nFollowing Text:\n220 central park south , new york city we own a 90% ( 90 % ) interest in 220 central park south .\nthe property contains 122 rental apartments with an aggregate of 133000 square feet and 5700 square feet of commercial space .\non november 7 , 2006 , we completed a $ 130000000 refinancing of the property .\nthe loan has two tranches : the first tranche of $ 95000000 bears interest at libor ( capped at 5.50% ( 5.50 % ) ) plus 2.35% ( 2.35 % ) ( 7.70% ( 7.70 % ) as of december 31 , 2006 ) and the second tranche can be drawn up to $ 35000000 and bears interest at libor ( capped at 5.50% ( 5.50 % ) ) plus 2.45% ( 2.45 % ) ( 7.80% ( 7.80 % ) as of december 31 , 2006 ) .\nas of december 31 , 2006 , approximately $ 27990000 has been drawn on the second tranche .\n40 east 66th street , new york city 40 east 66th street , located at madison avenue and east 66th street , contains 37 rental apartments with an aggregate of 85000 square feet , and 10000 square feet of retail space .\nthe rental apartment operations are included in our other segment and the retail operations are included in the retail segment. .\n\nQuestion: for the 2006 refinancing , as of december 31 , 2006 , approximately what percentage as been drawn on the second tranche?",
        "solution": "80%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAS/2012/page_92.pdf\n\nID: MAS/2012/page_92.pdf-3\n\nPrevious Text:\nmasco corporation notes to consolidated financial statements ( continued ) t .\nother commitments and contingencies litigation .\nwe are subject to claims , charges , litigation and other proceedings in the ordinary course of our business , including those arising from or related to contractual matters , intellectual property , personal injury , environmental matters , product liability , construction defect , insurance coverage , personnel and employment disputes and other matters , including class actions .\nwe believe we have adequate defenses in these matters and that the outcome of these matters is not likely to have a material adverse effect on us .\nhowever , there is no assurance that we will prevail in these matters , and we could in the future incur judgments , enter into settlements of claims or revise our expectations regarding the outcome of these matters , which could materially impact our results of operations .\nin july 2012 , the company reached a settlement agreement related to the columbus drywall litigation .\nthe company and its insulation installation companies named in the suit agreed to pay $ 75 million in return for dismissal with prejudice and full release of all claims .\nthe company and its insulation installation companies continue to deny that the challenged conduct was unlawful and admit no wrongdoing as part of the settlement .\na settlement was reached to eliminate the considerable expense and uncertainty of this lawsuit .\nthe company recorded the settlement expense in the second quarter of 2012 and the amount was paid in the fourth quarter of 2012 .\nwarranty .\nat the time of sale , the company accrues a warranty liability for the estimated cost to provide products , parts or services to repair or replace products in satisfaction of warranty obligations .\nduring the third quarter of 2012 , a business in the other specialty products segment recorded a $ 12 million increase in expected future warranty claims resulting from the completion of an analysis prepared by the company based upon its periodic assessment of recent business unit specific operating trends including , among others , home ownership demographics , sales volumes , manufacturing quality , an analysis of recent warranty claim activity and an estimate of current costs to service anticipated claims .\nchanges in the company 2019s warranty liability were as follows , in millions: .\n\nTable Data:\n[['', '2012', '2011'], ['balance at january 1', '$ 102', '$ 107'], ['accruals for warranties issued during the year', '42', '28'], ['accruals related to pre-existing warranties', '16', '8'], ['settlements made ( in cash or kind ) during the year', '-38 ( 38 )', '-38 ( 38 )'], ['other net ( including currency translation )', '-4 ( 4 )', '-3 ( 3 )'], ['balance at december 31', '$ 118', '$ 102']]\n\nFollowing Text:\ninvestments .\nwith respect to the company 2019s investments in private equity funds , the company had , at december 31 , 2012 , commitments to contribute up to $ 19 million of additional capital to such funds representing the company 2019s aggregate capital commitment to such funds less capital contributions made to date .\nthe company is contractually obligated to make additional capital contributions to certain of its private equity funds upon receipt of a capital call from the private equity fund .\nthe company has no control over when or if the capital calls will occur .\ncapital calls are funded in cash and generally result in an increase in the carrying value of the company 2019s investment in the private equity fund when paid. .\n\nQuestion: what was the percent of the change in the accruals for warranties issued from 2011 to 2012",
        "solution": "50%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAP/2007/page_83.pdf\n\nID: AAP/2007/page_83.pdf-1\n\nPrevious Text:\nadvance auto parts , inc .\nand subsidiaries notes to the consolidated financial statements 2013 ( continued ) december 29 , 2007 , december 30 , 2006 and december 31 , 2005 ( in thousands , except per share data ) 11 .\nstock repurchase program : during fiscal 2007 , the company's board of directors authorized a new stock repurchase program of up to $ 500000 of the company's common stock plus related expenses .\nthe new program cancelled and replaced the remaining portion of the previous $ 300000 stock repurchase program .\nthe program allows the company to repurchase its common stock on the open market or in privately negotiated transactions from time to time in accordance with the requirements of the securities and exchange commission .\nduring fiscal 2007 , the company repurchased 8341 shares of common stock at an aggregate cost of $ 285869 , or an average price of $ 34.27 per share , of which 1330 shares of common stock were repurchased under the previous $ 300000 stock repurchase program .\nas of december 29 , 2007 , 77 shares have been repurchased at an aggregate cost of $ 2959 and remained unsettled .\nduring fiscal 2007 , the company retired 6329 shares previously repurchased under the stock repurchase programs .\nat december 29 , 2007 , the company had $ 260567 remaining under the current stock repurchase program .\nsubsequent to december 29 , 2007 , the company repurchased 4563 shares of common stock at an aggregate cost of $ 155350 , or an average price of $ 34.04 per share .\nduring fiscal 2006 , the company retired 5117 shares of common stock which were previously repurchased under the company 2019s prior stock repurchase program .\nthese shares were repurchased during fiscal 2006 and fiscal 2005 at an aggregate cost of $ 192339 , or an average price of $ 37.59 per share .\n12 .\nincome taxes : as a result of the adoption of fin 48 on december 31 , 2006 , the company recorded an increase of $ 2275 to the liability for unrecognized tax benefits and a corresponding decrease in its balance of retained earnings .\nthe following table summarizes the activity related to our unrecognized tax benefits for the fiscal year ended december 29 , 2007: .\n\nTable Data:\n[['balance at december 31 2006', '$ 16453'], ['gross increases related to prior period tax positions', '1279'], ['gross decreases related to prior period tax positions', '-1853 ( 1853 )'], ['gross increases related to current period tax positions', '5340'], ['settlements', '-539 ( 539 )'], ['expiration of statute of limitations', '-271 ( 271 )'], ['balance at december 29 2007', '$ 20409']]\n\nFollowing Text:\nas of december 29 , 2007 the entire amount of unrecognized tax benefits , if recognized , would reduce the company 2019s annual effective tax rate .\nwith the adoption of fin 48 , the company provides for interest and penalties as a part of income tax expense .\nduring fiscal 2007 , the company accrued potential penalties and interest of $ 709 and $ 1827 , respectively , related to these unrecognized tax benefits .\nas of december 29 , 2007 , the company has recorded a liability for potential penalties and interest of $ 1843 and $ 4421 , respectively .\nprior to the adoption of fin 48 , the company classified interest associated with tax contingencies in interest expense .\nthe company has not provided for any penalties associated with tax contingencies unless considered probable of assessment .\nthe company does not expect its unrecognized tax benefits to change significantly over the next 12 months .\nduring the next 12 months , it is possible the company could conclude on $ 2000 to $ 3000 of the contingencies associated with unrecognized tax uncertainties due mainly to settlements and expiration of statute of limitations ( including tax benefits , interest and penalties ) .\nthe majority of these resolutions would be achieved through the completion of current income tax examinations. .\n\nQuestion: what is the net change in the balance unrecognized tax benefits in 2007?",
        "solution": "3956"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2008/page_216.pdf\n\nID: CB/2008/page_216.pdf-1\n\nPrevious Text:\nn o t e s t o c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries share-based compensation expense for stock options and shares issued under the employee stock purchase plan ( espp ) amounted to $ 24 million ( $ 22 million after tax or $ 0.07 per basic and diluted share ) , $ 23 million ( $ 21 million after tax or $ 0.06 per basic and diluted share ) , and $ 20 million ( $ 18 million after tax or $ 0.05 per basic and diluted share ) for the years ended december 31 , 2008 , 2007 , and 2006 , respectively .\nfor the years ended december 31 , 2008 , 2007 and 2006 , the expense for the restricted stock was $ 101 million ( $ 71 million after tax ) , $ 77 million ( $ 57 million after tax ) , and $ 65 million ( $ 49 million after tax ) , respectively .\nduring 2004 , the company established the ace limited 2004 long-term incentive plan ( the 2004 ltip ) .\nonce the 2004 ltip was approved by shareholders , it became effective february 25 , 2004 .\nit will continue in effect until terminated by the board .\nthis plan replaced the ace limited 1995 long-term incentive plan , the ace limited 1995 outside directors plan , the ace limited 1998 long-term incentive plan , and the ace limited 1999 replacement long-term incentive plan ( the prior plans ) except as to outstanding awards .\nduring the company 2019s 2008 annual general meeting , shareholders voted to increase the number of common shares authorized to be issued under the 2004 ltip from 15000000 common shares to 19000000 common shares .\naccordingly , under the 2004 ltip , a total of 19000000 common shares of the company are authorized to be issued pursuant to awards made as stock options , stock appreciation rights , performance shares , performance units , restricted stock , and restricted stock units .\nthe maximum number of shares that may be delivered to participants and their beneficiaries under the 2004 ltip shall be equal to the sum of : ( i ) 19000000 shares ; and ( ii ) any shares that are represented by awards granted under the prior plans that are forfeited , expired , or are canceled after the effective date of the 2004 ltip , without delivery of shares or which result in the forfeiture of the shares back to the company to the extent that such shares would have been added back to the reserve under the terms of the applicable prior plan .\nas of december 31 , 2008 , a total of 10591090 shares remain available for future issuance under this plan .\nunder the 2004 ltip , 3000000 common shares are authorized to be issued under the espp .\nas of december 31 , 2008 , a total of 989812 common shares remain available for issuance under the espp .\nstock options the company 2019s 2004 ltip provides for grants of both incentive and non-qualified stock options principally at an option price per share of 100 percent of the fair value of the company 2019s common shares on the date of grant .\nstock options are generally granted with a 3-year vesting period and a 10-year term .\nthe stock options vest in equal annual installments over the respective vesting period , which is also the requisite service period .\nincluded in the company 2019s share-based compensation expense in the year ended december 31 , 2008 , is the cost related to the unvested portion of the 2005-2008 stock option grants .\nthe fair value of the stock options was estimated on the date of grant using the black-scholes option-pricing model that uses the assumptions noted in the following table .\nthe risk-free inter- est rate is based on the u.s .\ntreasury yield curve in effect at the time of grant .\nthe expected life ( estimated period of time from grant to exercise date ) was estimated using the historical exercise behavior of employees .\nexpected volatility was calculated as a blend of ( a ) historical volatility based on daily closing prices over a period equal to the expected life assumption , ( b ) long- term historical volatility based on daily closing prices over the period from ace 2019s initial public trading date through the most recent quarter , and ( c ) implied volatility derived from ace 2019s publicly traded options .\nthe fair value of the options issued is estimated on the date of grant using the black-scholes option-pricing model , with the following weighted-average assumptions used for grants for the years indicated: .\n\nTable Data:\n[['', '2008', '2007', '2006'], ['dividend yield', '1.80% ( 1.80 % )', '1.78% ( 1.78 % )', '1.64% ( 1.64 % )'], ['expected volatility', '32.20% ( 32.20 % )', '27.43% ( 27.43 % )', '31.29% ( 31.29 % )'], ['risk-free interest rate', '3.15% ( 3.15 % )', '4.51% ( 4.51 % )', '4.60% ( 4.60 % )'], ['forfeiture rate', '7.5% ( 7.5 % )', '7.5% ( 7.5 % )', '7.5% ( 7.5 % )'], ['expected life', '5.7 years', '5.6 years', '6 years']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage increase in the number of common shares authorized to be issued under the 2004 ltip",
        "solution": "26.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2011/page_74.pdf\n\nID: ADI/2011/page_74.pdf-3\n\nPrevious Text:\nthe total intrinsic value of options exercised ( i.e .\nthe difference between the market price at exercise and the price paid by the employee to exercise the options ) during fiscal 2011 , 2010 and 2009 was $ 96.5 million , $ 29.6 million and $ 4.7 million , respectively .\nthe total amount of proceeds received by the company from exercise of these options during fiscal 2011 , 2010 and 2009 was $ 217.4 million , $ 240.4 million and $ 15.1 million , respectively .\nproceeds from stock option exercises pursuant to employee stock plans in the company 2019s statement of cash flows of $ 217.2 million , $ 216.1 million and $ 12.4 million for fiscal 2011 , 2010 and 2009 , respectively , are net of the value of shares surrendered by employees in certain limited circumstances to satisfy the exercise price of options , and to satisfy employee tax obligations upon vesting of restricted stock or restricted stock units and in connection with the exercise of stock options granted to the company 2019s employees under the company 2019s equity compensation plans .\nthe withholding amount is based on the company 2019s minimum statutory withholding requirement .\na summary of the company 2019s restricted stock unit award activity as of october 29 , 2011 and changes during the year then ended is presented below : restricted outstanding weighted- average grant- date fair value per share .\n\nTable Data:\n[['', 'restricted stock units outstanding', 'weighted- average grant- date fair value per share'], ['restricted stock units outstanding at october 30 2010', '1265', '$ 28.21'], ['units granted', '898', '$ 34.93'], ['restrictions lapsed', '-33 ( 33 )', '$ 24.28'], ['units forfeited', '-42 ( 42 )', '$ 31.39'], ['restricted stock units outstanding at october 29 2011', '2088', '$ 31.10']]\n\nFollowing Text:\nas of october 29 , 2011 , there was $ 88.6 million of total unrecognized compensation cost related to unvested share-based awards comprised of stock options and restricted stock units .\nthat cost is expected to be recognized over a weighted-average period of 1.3 years .\nthe total grant-date fair value of shares that vested during fiscal 2011 , 2010 and 2009 was approximately $ 49.6 million , $ 67.7 million and $ 74.4 million , respectively .\ncommon stock repurchase program the company 2019s common stock repurchase program has been in place since august 2004 .\nin the aggregate , the board of directors has authorized the company to repurchase $ 5 billion of the company 2019s common stock under the program .\nunder the program , the company may repurchase outstanding shares of its common stock from time to time in the open market and through privately negotiated transactions .\nunless terminated earlier by resolution of the company 2019s board of directors , the repurchase program will expire when the company has repurchased all shares authorized under the program .\nas of october 29 , 2011 , the company had repurchased a total of approximately 125.0 million shares of its common stock for approximately $ 4278.5 million under this program .\nan additional $ 721.5 million remains available for repurchase of shares under the current authorized program .\nthe repurchased shares are held as authorized but unissued shares of common stock .\nany future common stock repurchases will be dependent upon several factors , including the amount of cash available to the company in the united states and the company 2019s financial performance , outlook and liquidity .\nthe company also from time to time repurchases shares in settlement of employee tax withholding obligations due upon the vesting of restricted stock units , or in certain limited circumstances to satisfy the exercise price of options granted to the company 2019s employees under the company 2019s equity compensation plans .\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what was the average share price that the shares were repurchased in 2011?",
        "solution": "$ 34.23 million"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_193.pdf\n\nID: C/2008/page_193.pdf-3\n\nPrevious Text:\napplication of specific accounting literature .\nfor the nonconsolidated proprietary tob trusts and qspe tob trusts , the company recognizes only its residual investment on its balance sheet at fair value and the third-party financing raised by the trusts is off-balance sheet .\nthe following table summarizes selected cash flow information related to municipal bond securitizations for the years 2008 , 2007 and 2006 : in billions of dollars 2008 2007 2006 .\n\nTable Data:\n[['in billions of dollars', '2008', '2007', '2006'], ['proceeds from new securitizations', '$ 1.2', '$ 10.5', '2014'], ['cash flows received on retained interests and other net cash flows', '0.5', '2014', '2014']]\n\nFollowing Text:\ncash flows received on retained interests and other net cash flows 0.5 2014 2014 municipal investments municipal investment transactions represent partnerships that finance the construction and rehabilitation of low-income affordable rental housing .\nthe company generally invests in these partnerships as a limited partner and earns a return primarily through the receipt of tax credits earned from the affordable housing investments made by the partnership .\nclient intermediation client intermediation transactions represent a range of transactions designed to provide investors with specified returns based on the returns of an underlying security , referenced asset or index .\nthese transactions include credit-linked notes and equity-linked notes .\nin these transactions , the spe typically obtains exposure to the underlying security , referenced asset or index through a derivative instrument , such as a total-return swap or a credit-default swap .\nin turn the spe issues notes to investors that pay a return based on the specified underlying security , referenced asset or index .\nthe spe invests the proceeds in a financial asset or a guaranteed insurance contract ( gic ) that serves as collateral for the derivative contract over the term of the transaction .\nthe company 2019s involvement in these transactions includes being the counterparty to the spe 2019s derivative instruments and investing in a portion of the notes issued by the spe .\nin certain transactions , the investor 2019s maximum risk of loss is limited and the company absorbs risk of loss above a specified level .\nthe company 2019s maximum risk of loss in these transactions is defined as the amount invested in notes issued by the spe and the notional amount of any risk of loss absorbed by the company through a separate instrument issued by the spe .\nthe derivative instrument held by the company may generate a receivable from the spe ( for example , where the company purchases credit protection from the spe in connection with the spe 2019s issuance of a credit-linked note ) , which is collateralized by the assets owned by the spe .\nthese derivative instruments are not considered variable interests under fin 46 ( r ) and any associated receivables are not included in the calculation of maximum exposure to the spe .\nstructured investment vehicles structured investment vehicles ( sivs ) are spes that issue junior notes and senior debt ( medium-term notes and short-term commercial paper ) to fund the purchase of high quality assets .\nthe junior notes are subject to the 201cfirst loss 201d risk of the sivs .\nthe sivs provide a variable return to the junior note investors based on the net spread between the cost to issue the senior debt and the return realized by the high quality assets .\nthe company acts as manager for the sivs and , prior to december 13 , 2007 , was not contractually obligated to provide liquidity facilities or guarantees to the sivs .\nin response to the ratings review of the outstanding senior debt of the sivs for a possible downgrade announced by two ratings agencies and the continued reduction of liquidity in the siv-related asset-backed commercial paper and medium-term note markets , on december 13 , 2007 , citigroup announced its commitment to provide support facilities that would support the sivs 2019 senior debt ratings .\nas a result of this commitment , citigroup became the sivs 2019 primary beneficiary and began consolidating these entities .\non february 12 , 2008 , citigroup finalized the terms of the support facilities , which took the form of a commitment to provide $ 3.5 billion of mezzanine capital to the sivs in the event the market value of their junior notes approaches zero .\nthe mezzanine capital facility was increased by $ 1 billion to $ 4.5 billion , with the additional commitment funded during the fourth quarter of 2008 .\nthe facilities rank senior to the junior notes but junior to the commercial paper and medium-term notes .\nthe facilities were at arm 2019s-length terms .\ninterest was paid on the drawn amount of the facilities and a per annum fee was paid on the unused portion .\nduring the period to november 18 , 2008 , the company wrote down $ 3.3 billion on siv assets .\nin order to complete the wind-down of the sivs , the company , in a nearly cashless transaction , purchased the remaining assets of the sivs at fair value , with a trade date of november 18 , 2008 .\nthe company funded the purchase of the siv assets by assuming the obligation to pay amounts due under the medium-term notes issued by the sivs , as the medium-term notes mature .\nthe net funding provided by the company to fund the purchase of the siv assets was $ 0.3 billion .\nas of december 31 , 2008 , the carrying amount of the purchased siv assets was $ 16.6 billion , of which $ 16.5 billion is classified as htm assets .\ninvestment funds the company is the investment manager for certain investment funds that invest in various asset classes including private equity , hedge funds , real estate , fixed income and infrastructure .\nthe company earns a management fee , which is a percentage of capital under management , and may earn performance fees .\nin addition , for some of these funds the company has an ownership interest in the investment funds .\nthe company has also established a number of investment funds as opportunities for qualified employees to invest in private equity investments .\nthe company acts as investment manager to these funds and may provide employees with financing on both a recourse and non-recourse basis for a portion of the employees 2019 investment commitments. .\n\nQuestion: in 2008 what was the percentage increased in the mezzanine capital facility",
        "solution": "28.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VRTX/2005/page_117.pdf\n\nID: VRTX/2005/page_117.pdf-2\n\nPrevious Text:\nfund .\nemployees have the ability to transfer funds from the company stock fund as they choose .\nthe company declared matching contributions to the vertex 401 ( k ) plan as follows ( in thousands ) : q .\nrelated party transactions as of december 31 , 2005 and 2004 , the company had an interest-free loan outstanding to an officer in the amount of $ 36000 and $ 97000 , respectively , which was initially advanced in april 2002 .\nthe loan balance is included in other assets on the consolidated balance sheets .\nin 2001 , the company entered into a four year consulting agreement with a director of the company for the provision of part-time consulting services over a period of four years , at the rate of $ 80000 per year commencing in january 2002 and terminating in january 2006 .\nr .\ncontingencies the company has certain contingent liabilities that arise in the ordinary course of its business activities .\nthe company accrues contingent liabilities when it is probable that future expenditures will be made and such expenditures can be reasonably estimated .\non december 17 , 2003 , a purported class action , marguerite sacchetti v .\njames c .\nblair et al. , was filed in the superior court of the state of california , county of san diego , naming as defendants all of the directors of aurora who approved the merger of aurora and vertex , which closed in july 2001 .\nthe plaintiffs claim that aurora's directors breached their fiduciary duty to aurora by , among other things , negligently conducting a due diligence examination of vertex by failing to discover alleged problems with vx-745 , a vertex drug candidate that was the subject of a development program which was terminated by vertex in september 2001 .\nvertex has certain indemnity obligations to aurora's directors under the terms of the merger agreement between vertex and aurora , which could result in vertex liability for attorney's fees and costs in connection with this action , as well as for any ultimate judgment that might be awarded .\nthere is an outstanding directors' and officers' liability policy which may cover a significant portion of any such liability .\nthe defendants are vigorously defending this suit .\nthe company believes this suit will be settled without any significant liability to vertex or the former aurora directors .\ns .\nguarantees as permitted under massachusetts law , vertex's articles of organization and bylaws provide that the company will indemnify certain of its officers and directors for certain claims asserted against them in connection with their service as an officer or director .\nthe maximum potential amount of future payments that the company could be required to make under these indemnification provisions is unlimited .\nhowever , the company has purchased certain directors' and officers' liability insurance policies that reduce its monetary exposure and enable it to recover a portion of any future amounts paid .\nthe company believes the estimated fair value of these indemnification arrangements is minimal .\ndiscretionary matching contributions for the year ended december 31 , $ 2894 $ 2492 $ 2237 .\n\nTable Data:\n[['', '2005', '2004', '2003'], ['discretionary matching contributions for the year ended december 31,', '$ 2894', '$ 2492', '$ 2237'], ['shares issued for the year ended december 31,', '215', '239', '185'], ['shares issuable as of the year ended december 31,', '19', '57', '61']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in the 2 discretionary matching contributions from 2004 to 2005 in millions",
        "solution": "402"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2007/page_185.pdf\n\nID: AON/2007/page_185.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements at december 31 , 2007 , future minimum rental payments required under operating leases for continuing operations that have initial or remaining noncancelable lease terms in excess of one year , net of sublease rental income , most of which pertain to real estate leases , are as follows : ( millions ) .\n\nTable Data:\n[['2008', '$ 317'], ['2009', '275'], ['2010', '236'], ['2011', '214'], ['2012', '191'], ['later years', '597'], ['total minimum payments required', '$ 1830']]\n\nFollowing Text:\naon corporation .\n\nQuestion: assuming that actual net rent expense will be the same as presented in the table , what would be the growth rate in the net rent expense from 2008 to 2009?",
        "solution": "-13.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2012/page_17.pdf\n\nID: RCL/2012/page_17.pdf-1\n\nPrevious Text:\nresult of the effects of the costa concordia incident and the continued instability in the european eco- nomic landscape .\nhowever , we continue to believe in the long term growth potential of this market .\nwe estimate that europe was served by 102 ships with approximately 108000 berths at the beginning of 2008 and by 117 ships with approximately 156000 berths at the end of 2012 .\nthere are approximately 9 ships with an estimated 25000 berths that are expected to be placed in service in the european cruise market between 2013 and 2017 .\nthe following table details the growth in the global , north american and european cruise markets in terms of cruise guests and estimated weighted-average berths over the past five years : global cruise guests ( 1 ) weighted-average supply of berths marketed globally ( 1 ) north american cruise guests ( 2 ) weighted-average supply of berths marketed in north america ( 1 ) european cruise guests weighted-average supply of berths marketed in europe ( 1 ) .\n\nTable Data:\n[['year', 'global cruise guests ( 1 )', 'weighted-average supply of berths marketed globally ( 1 )', 'north american cruise guests ( 2 )', 'weighted-average supply of berths marketed in north america ( 1 )', 'european cruise guests', 'weighted-average supply of berths marketed in europe ( 1 )'], ['2008', '17184000', '347000', '10093000', '219000', '4500000', '120000'], ['2009', '17340000', '363000', '10198000', '222000', '5000000', '131000'], ['2010', '18800000', '391000', '10781000', '232000', '5540000', '143000'], ['2011', '20227000', '412000', '11625000', '245000', '5894000', '149000'], ['2012', '20823000', '425000', '12044000', '254000', '6040000', '152000']]\n\nFollowing Text:\n( 1 ) source : our estimates of the number of global cruise guests , and the weighted-average supply of berths marketed globally , in north america and europe are based on a combination of data that we obtain from various publicly available cruise industry trade information sources including seatrade insider and cruise line international association ( 201cclia 201d ) .\nin addition , our estimates incorporate our own statistical analysis utilizing the same publicly available cruise industry data as a base .\n( 2 ) source : cruise line international association based on cruise guests carried for at least two consecutive nights for years 2008 through 2011 .\nyear 2012 amounts represent our estimates ( see number 1 above ) .\n( 3 ) source : clia europe , formerly european cruise council , for years 2008 through 2011 .\nyear 2012 amounts represent our estimates ( see number 1 above ) .\nother markets in addition to expected industry growth in north america and europe as discussed above , we expect the asia/pacific region to demonstrate an even higher growth rate in the near term , although it will continue to represent a relatively small sector compared to north america and europe .\ncompetition we compete with a number of cruise lines .\nour princi- pal competitors are carnival corporation & plc , which owns , among others , aida cruises , carnival cruise lines , costa cruises , cunard line , holland america line , iberocruceros , p&o cruises and princess cruises ; disney cruise line ; msc cruises ; norwegian cruise line and oceania cruises .\ncruise lines compete with other vacation alternatives such as land-based resort hotels and sightseeing destinations for consumers 2019 leisure time .\ndemand for such activities is influenced by political and general economic conditions .\ncom- panies within the vacation market are dependent on consumer discretionary spending .\noperating strategies our principal operating strategies are to : 2022 protect the health , safety and security of our guests and employees and protect the environment in which our vessels and organization operate , 2022 strengthen and support our human capital in order to better serve our global guest base and grow our business , 2022 further strengthen our consumer engagement in order to enhance our revenues , 2022 increase the awareness and market penetration of our brands globally , 2022 focus on cost efficiency , manage our operating expenditures and ensure adequate cash and liquid- ity , with the overall goal of maximizing our return on invested capital and long-term shareholder value , 2022 strategically invest in our fleet through the revit ad alization of existing ships and the transfer of key innovations across each brand , while prudently expanding our fleet with the new state-of-the-art cruise ships recently delivered and on order , 2022 capitalize on the portability and flexibility of our ships by deploying them into those markets and itineraries that provide opportunities to optimize returns , while continuing our focus on existing key markets , 2022 further enhance our technological capabilities to service customer preferences and expectations in an innovative manner , while supporting our strategic focus on profitability , and part i 0494.indd 13 3/27/13 12:52 pm .\n\nQuestion: what was the percentage increase of the global cruise guests from 2008 to 2012",
        "solution": "21.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2016/page_73.pdf\n\nID: PNC/2016/page_73.pdf-1\n\nPrevious Text:\nbrokered home equity lines of credit ) .\nas part of our overall risk analysis and monitoring , we segment the home equity portfolio based upon the loan delinquency , modification status and bankruptcy status , as well as the delinquency , modification status and bankruptcy status of any mortgage loan with the same borrower ( regardless of whether it is a first lien senior to our second lien ) .\nin establishing our alll for non-impaired loans , we utilize a delinquency roll-rate methodology for pools of loans .\nthe roll-rate methodology estimates transition/roll of loan balances from one delinquency state to the next delinquency state and ultimately to charge-off .\nthe roll through to charge-off is based on our actual loss experience for each type of pool .\neach of our home equity pools contains both first and second liens .\nour experience has been that the ratio of first to second lien loans has been consistent over time and the charge-off amounts for the pools , used to establish our allowance , include losses on both first and second lien loans .\ngenerally , our variable-rate home equity lines of credit have either a seven or ten year draw period , followed by a 20-year amortization term .\nduring the draw period , we have home equity lines of credit where borrowers pay either interest only or principal and interest .\nwe view home equity lines of credit where borrowers are paying principal and interest under the draw period as less risky than those where the borrowers are paying interest only , as these borrowers have a demonstrated ability to make some level of principal and interest payments .\nthe risk associated with the borrower 2019s ability to satisfy the loan terms upon the draw period ending is considered in establishing our alll .\nbased upon outstanding balances at december 31 , 2016 , the following table presents the periods when home equity lines of credit draw periods are scheduled to end .\ntable 18 : home equity lines of credit 2013 draw period end in millions interest only product principal and interest product .\n\nTable Data:\n[['in millions', 'interest onlyproduct', 'principal andinterest product'], ['2017', '$ 1657', '$ 434'], ['2018', '796', '636'], ['2019', '546', '483'], ['2020', '442', '434'], ['2021 and thereafter', '2960', '6438'], ['total ( a ) ( b )', '$ 6401', '$ 8425']]\n\nFollowing Text:\n( a ) includes all home equity lines of credit that mature in 2017 or later , including those with borrowers where we have terminated borrowing privileges .\n( b ) includes home equity lines of credit with balloon payments , including those where we have terminated borrowing privileges , of $ 35 million , $ 27 million , $ 20 million , $ 71 million and $ 416 million with draw periods scheduled to end in 2017 , 2018 , 2019 , 2020 and 2021 and thereafter , respectively .\nbased upon outstanding balances , and excluding purchased impaired loans , at december 31 , 2016 , for home equity lines of credit for which the borrower can no longer draw ( e.g. , draw period has ended or borrowing privileges have been terminated ) , approximately 3% ( 3 % ) were 30-89 days past due and approximately 6% ( 6 % ) were 90 days or more past due , which are accounted for as nonperforming .\ngenerally , when a borrower becomes 60 days past due , we terminate borrowing privileges and those privileges are not subsequently reinstated .\nat that point , we continue our collection/recovery processes , which may include loan modification resulting in a loan that is classified as a tdr .\nauto loan portfolio the auto loan portfolio totaled $ 12.4 billion as of december 31 , 2016 , or 6% ( 6 % ) of our total loan portfolio .\nof that total , $ 10.8 billion resides in the indirect auto portfolio , $ 1.3 billion in the direct auto portfolio , and $ .3 billion in acquired or securitized portfolios , which has been declining as no pools have been recently acquired .\nindirect auto loan applications are generated from franchised automobile dealers .\nthis business is strategically aligned with our core retail business .\nwe have elected not to pursue non-prime auto lending as evidenced by an average new loan origination fico score during 2016 of 760 for indirect auto loans and 775 for direct auto loans .\nas of december 31 , 2016 , .4% ( .4 % ) of our auto loan portfolio was nonperforming and .5% ( .5 % ) of the portfolio was accruing past due .\nwe offer both new and used automobile financing to customers through our various channels .\nthe portfolio was composed of 57% ( 57 % ) new vehicle loans and 43% ( 43 % ) used vehicle loans at december 31 , 2016 .\nthe auto loan portfolio 2019s performance is measured monthly , including updated collateral values that are obtained monthly and updated fico scores that are obtained at least quarterly .\nfor internal reporting and risk management , we analyze the portfolio by product channel and product type , and regularly evaluate default and delinquency experience .\nas part of our overall risk analysis and monitoring , we segment the portfolio by loan structure , collateral attributes , and credit metrics which include fico score , loan-to-value and term .\nenergy related loan portfolio our portfolio of loans outstanding in the oil and gas industry totaled $ 2.4 billion as of december 31 , 2016 , or 1% ( 1 % ) of our total loan portfolio and 2% ( 2 % ) of our total commercial lending portfolio .\nthis portfolio comprised approximately $ 1.0 billion in the midstream and downstream sectors , $ .8 billion to oil services companies and $ .6 billion to upstream sectors .\nof the oil services portfolio , approximately $ .2 billion is not asset- based or investment grade .\nnonperforming loans in the oil and gas sector as of december 31 , 2016 totaled $ 184 million , or 8% ( 8 % ) of total nonperforming assets .\nour portfolio of loans outstanding in the coal industry totaled $ .4 billion as of december 31 , 2016 , or less than 1% ( 1 % ) of both our total loan portfolio and our total commercial lending portfolio .\nnonperforming loans in the coal industry as of december 31 , 2016 totaled $ 61 million , or 3% ( 3 % ) of total nonperforming assets .\nthe pnc financial services group , inc .\n2013 form 10-k 57 .\n\nQuestion: in millions , what was total outstanding for interest only products plus principal and interest products?",
        "solution": "14826"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2011/page_116.pdf\n\nID: ADBE/2011/page_116.pdf-4\n\nPrevious Text:\nnote 17 .\ndebt our debt as of december 2 , 2011 and december 3 , 2010 consisted of the following ( in thousands ) : capital lease obligations total debt and capital lease obligations less : current portion debt and capital lease obligations $ 1494627 19681 1514308 $ 1505096 $ 1493969 28492 1522461 $ 1513662 in february 2010 , we issued $ 600.0 million of 3.25% ( 3.25 % ) senior notes due february 1 , 2015 ( the 201c2015 notes 201d ) and $ 900.0 million of 4.75% ( 4.75 % ) senior notes due february 1 , 2020 ( the 201c2020 notes 201d and , together with the 2015 notes , the 201cnotes 201d ) .\nour proceeds were approximately $ 1.5 billion and were net of an issuance discount of $ 6.6 million .\nthe notes rank equally with our other unsecured and unsubordinated indebtedness .\nin addition , we incurred issuance costs of approximately $ 10.7 million .\nboth the discount and issuance costs are being amortized to interest expense over the respective terms of the notes using the effective interest method .\nthe effective interest rate including the discount and issuance costs is 3.45% ( 3.45 % ) for the 2015 notes and 4.92% ( 4.92 % ) for the 2020 notes .\ninterest is payable semi-annually , in arrears , on february 1 and august 1 , commencing on august 1 , 2010 .\nduring fiscal 2011 interest payments totaled $ 62.3 million .\nthe proceeds from the notes are available for general corporate purposes , including repayment of any balance outstanding on our credit facility .\nbased on quoted market prices , the fair value of the notes was approximately $ 1.6 billion as of december 2 , 2011 .\nwe may redeem the notes at any time , subject to a make whole premium .\nin addition , upon the occurrence of certain change of control triggering events , we may be required to repurchase the notes , at a price equal to 101% ( 101 % ) of their principal amount , plus accrued and unpaid interest to the date of repurchase .\nthe notes also include covenants that limit our ability to grant liens on assets and to enter into sale and leaseback transactions , subject to significant allowances .\nas of december 2 , 2011 , we were in compliance with all of the covenants .\ncredit agreement in august 2007 , we entered into an amendment to our credit agreement dated february 2007 ( the 201camendment 201d ) , which increased the total senior unsecured revolving facility from $ 500.0 million to $ 1.0 billion .\nthe amendment also permits us to request one-year extensions effective on each anniversary of the closing date of the original agreement , subject to the majority consent of the lenders .\nwe also retain an option to request an additional $ 500.0 million in commitments , for a maximum aggregate facility of $ 1.5 billion .\nin february 2008 , we entered into a second amendment to the credit agreement dated february 26 , 2008 , which extended the maturity date of the facility by one year to february 16 , 2013 .\nthe facility would terminate at this date if no additional extensions have been requested and granted .\nall other terms and conditions remain the same .\nthe facility contains a financial covenant requiring us not to exceed a certain maximum leverage ratio .\nat our option , borrowings under the facility accrue interest based on either the london interbank offered rate ( 201clibor 201d ) for one , two , three or six months , or longer periods with bank consent , plus a margin according to a pricing grid tied to this financial covenant , or a base rate .\nthe margin is set at rates between 0.20% ( 0.20 % ) and 0.475% ( 0.475 % ) .\ncommitment fees are payable on the facility at rates between 0.05% ( 0.05 % ) and 0.15% ( 0.15 % ) per year based on the same pricing grid .\nthe facility is available to provide loans to us and certain of our subsidiaries for general corporate purposes .\non february 1 , 2010 , we paid the outstanding balance on our credit facility and the entire $ 1.0 billion credit line under this facility remains available for borrowing .\ncapital lease obligation in june 2010 , we entered into a sale-leaseback agreement to sell equipment totaling $ 32.2 million and leaseback the same equipment over a period of 43 months .\nthis transaction was classified as a capital lease obligation and recorded at fair value .\nas of december 2 , 2011 , our capital lease obligations of $ 19.7 million includes $ 9.2 million of current debt .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nTable Data:\n[['', '2011', '2010'], ['notes', '$ 1494627', '$ 1493969'], ['capital lease obligations', '19681', '28492'], ['total debt and capital lease obligations', '1514308', '1522461'], ['less : current portion', '9212', '8799'], ['debt and capital lease obligations', '$ 1505096', '$ 1513662']]\n\nFollowing Text:\nnote 17 .\ndebt our debt as of december 2 , 2011 and december 3 , 2010 consisted of the following ( in thousands ) : capital lease obligations total debt and capital lease obligations less : current portion debt and capital lease obligations $ 1494627 19681 1514308 $ 1505096 $ 1493969 28492 1522461 $ 1513662 in february 2010 , we issued $ 600.0 million of 3.25% ( 3.25 % ) senior notes due february 1 , 2015 ( the 201c2015 notes 201d ) and $ 900.0 million of 4.75% ( 4.75 % ) senior notes due february 1 , 2020 ( the 201c2020 notes 201d and , together with the 2015 notes , the 201cnotes 201d ) .\nour proceeds were approximately $ 1.5 billion and were net of an issuance discount of $ 6.6 million .\nthe notes rank equally with our other unsecured and unsubordinated indebtedness .\nin addition , we incurred issuance costs of approximately $ 10.7 million .\nboth the discount and issuance costs are being amortized to interest expense over the respective terms of the notes using the effective interest method .\nthe effective interest rate including the discount and issuance costs is 3.45% ( 3.45 % ) for the 2015 notes and 4.92% ( 4.92 % ) for the 2020 notes .\ninterest is payable semi-annually , in arrears , on february 1 and august 1 , commencing on august 1 , 2010 .\nduring fiscal 2011 interest payments totaled $ 62.3 million .\nthe proceeds from the notes are available for general corporate purposes , including repayment of any balance outstanding on our credit facility .\nbased on quoted market prices , the fair value of the notes was approximately $ 1.6 billion as of december 2 , 2011 .\nwe may redeem the notes at any time , subject to a make whole premium .\nin addition , upon the occurrence of certain change of control triggering events , we may be required to repurchase the notes , at a price equal to 101% ( 101 % ) of their principal amount , plus accrued and unpaid interest to the date of repurchase .\nthe notes also include covenants that limit our ability to grant liens on assets and to enter into sale and leaseback transactions , subject to significant allowances .\nas of december 2 , 2011 , we were in compliance with all of the covenants .\ncredit agreement in august 2007 , we entered into an amendment to our credit agreement dated february 2007 ( the 201camendment 201d ) , which increased the total senior unsecured revolving facility from $ 500.0 million to $ 1.0 billion .\nthe amendment also permits us to request one-year extensions effective on each anniversary of the closing date of the original agreement , subject to the majority consent of the lenders .\nwe also retain an option to request an additional $ 500.0 million in commitments , for a maximum aggregate facility of $ 1.5 billion .\nin february 2008 , we entered into a second amendment to the credit agreement dated february 26 , 2008 , which extended the maturity date of the facility by one year to february 16 , 2013 .\nthe facility would terminate at this date if no additional extensions have been requested and granted .\nall other terms and conditions remain the same .\nthe facility contains a financial covenant requiring us not to exceed a certain maximum leverage ratio .\nat our option , borrowings under the facility accrue interest based on either the london interbank offered rate ( 201clibor 201d ) for one , two , three or six months , or longer periods with bank consent , plus a margin according to a pricing grid tied to this financial covenant , or a base rate .\nthe margin is set at rates between 0.20% ( 0.20 % ) and 0.475% ( 0.475 % ) .\ncommitment fees are payable on the facility at rates between 0.05% ( 0.05 % ) and 0.15% ( 0.15 % ) per year based on the same pricing grid .\nthe facility is available to provide loans to us and certain of our subsidiaries for general corporate purposes .\non february 1 , 2010 , we paid the outstanding balance on our credit facility and the entire $ 1.0 billion credit line under this facility remains available for borrowing .\ncapital lease obligation in june 2010 , we entered into a sale-leaseback agreement to sell equipment totaling $ 32.2 million and leaseback the same equipment over a period of 43 months .\nthis transaction was classified as a capital lease obligation and recorded at fair value .\nas of december 2 , 2011 , our capital lease obligations of $ 19.7 million includes $ 9.2 million of current debt .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nQuestion: what is the growth rate in the balance of total debt and capital lease obligations in 2011?",
        "solution": "-0.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2018/page_149.pdf\n\nID: JPM/2018/page_149.pdf-2\n\nPrevious Text:\njpmorgan chase & co./2018 form 10-k 117 lending-related commitments the firm uses lending-related financial instruments , such as commitments ( including revolving credit facilities ) and guarantees , to address the financing needs of its clients .\nthe contractual amounts of these financial instruments represent the maximum possible credit risk should the clients draw down on these commitments or the firm fulfill its obligations under these guarantees , and the clients subsequently fail to perform according to the terms of these contracts .\nmost of these commitments and guarantees are refinanced , extended , cancelled , or expire without being drawn upon or a default occurring .\nin the firm 2019s view , the total contractual amount of these wholesale lending-related commitments is not representative of the firm 2019s expected future credit exposure or funding requirements .\nfor further information on wholesale lending-related commitments , refer to note 27 .\nclearing services the firm provides clearing services for clients entering into certain securities and derivative contracts .\nthrough the provision of these services the firm is exposed to the risk of non-performance by its clients and may be required to share in losses incurred by ccps .\nwhere possible , the firm seeks to mitigate its credit risk to its clients through the collection of adequate margin at inception and throughout the life of the transactions and can also cease provision of clearing services if clients do not adhere to their obligations under the clearing agreement .\nfor further discussion of clearing services , refer to note 27 .\nderivative contracts derivatives enable clients and counterparties to manage risks including credit risk and risks arising from fluctuations in interest rates , foreign exchange , equities , and commodities .\nthe firm makes markets in derivatives in order to meet these needs and uses derivatives to manage certain risks associated with net open risk positions from its market-making activities , including the counterparty credit risk arising from derivative receivables .\nthe firm also uses derivative instruments to manage its own credit and other market risk exposure .\nthe nature of the counterparty and the settlement mechanism of the derivative affect the credit risk to which the firm is exposed .\nfor otc derivatives the firm is exposed to the credit risk of the derivative counterparty .\nfor exchange-traded derivatives ( 201cetd 201d ) , such as futures and options , and 201ccleared 201d over-the-counter ( 201cotc-cleared 201d ) derivatives , the firm is generally exposed to the credit risk of the relevant ccp .\nwhere possible , the firm seeks to mitigate its credit risk exposures arising from derivative contracts through the use of legally enforceable master netting arrangements and collateral agreements .\nfor a further discussion of derivative contracts , counterparties and settlement types , refer to note 5 .\nthe following table summarizes the net derivative receivables for the periods presented .\nderivative receivables .\n\nTable Data:\n[['december 31 ( in millions )', '2018', '2017'], ['total net of cash collateral', '$ 54213', '$ 56523'], ['liquid securities and other cash collateral held against derivative receivables ( a )', '-15322 ( 15322 )', '-16108 ( 16108 )'], ['total net of all collateral', '$ 38891', '$ 40415']]\n\nFollowing Text:\n( a ) includes collateral related to derivative instruments where appropriate legal opinions have not been either sought or obtained with respect to master netting agreements .\nthe fair value of derivative receivables reported on the consolidated balance sheets were $ 54.2 billion and $ 56.5 billion at december 31 , 2018 and 2017 , respectively .\nderivative receivables represent the fair value of the derivative contracts after giving effect to legally enforceable master netting agreements and cash collateral held by the firm .\nhowever , in management 2019s view , the appropriate measure of current credit risk should also take into consideration additional liquid securities ( primarily u.s .\ngovernment and agency securities and other group of seven nations ( 201cg7 201d ) government securities ) and other cash collateral held by the firm aggregating $ 15.3 billion and $ 16.1 billion at december 31 , 2018 and 2017 , respectively , that may be used as security when the fair value of the client 2019s exposure is in the firm 2019s favor .\nin addition to the collateral described in the preceding paragraph , the firm also holds additional collateral ( primarily cash , g7 government securities , other liquid government-agency and guaranteed securities , and corporate debt and equity securities ) delivered by clients at the initiation of transactions , as well as collateral related to contracts that have a non-daily call frequency and collateral that the firm has agreed to return but has not yet settled as of the reporting date .\nalthough this collateral does not reduce the balances and is not included in the table above , it is available as security against potential exposure that could arise should the fair value of the client 2019s derivative contracts move in the firm 2019s favor .\nthe derivative receivables fair value , net of all collateral , also does not include other credit enhancements , such as letters of credit .\nfor additional information on the firm 2019s use of collateral agreements , refer to note 5 .\nwhile useful as a current view of credit exposure , the net fair value of the derivative receivables does not capture the potential future variability of that credit exposure .\nto capture the potential future variability of credit exposure , the firm calculates , on a client-by-client basis , three measures of potential derivatives-related credit loss : peak , derivative risk equivalent ( 201cdre 201d ) , and average exposure ( 201cavg 201d ) .\nthese measures all incorporate netting and collateral benefits , where applicable .\npeak represents a conservative measure of potential exposure to a counterparty calculated in a manner that is broadly equivalent to a 97.5% ( 97.5 % ) confidence level over the life of the transaction .\npeak is the primary measure used by the firm for setting of credit limits for derivative contracts , senior management reporting and derivatives exposure management .\ndre exposure is a measure that expresses the risk of derivative exposure on a basis intended to be .\n\nQuestion: what is the amount of the decrease observed in the total net of cash collateral during 2017 and 2018 , in millions of dollars?",
        "solution": "2310"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2017/page_85.pdf\n\nID: ECL/2017/page_85.pdf-4\n\nPrevious Text:\nin january 2016 , the company issued $ 800 million of debt securities consisting of a $ 400 million aggregate principal three year fixed rate note with a coupon rate of 2.00% ( 2.00 % ) and a $ 400 million aggregate principal seven year fixed rate note with a coupon rate of 3.25% ( 3.25 % ) .\nthe proceeds were used to repay a portion of the company 2019s outstanding commercial paper , repay the remaining term loan balance , and for general corporate purposes .\nthe company 2019s public notes and 144a notes may be redeemed by the company at its option at redemption prices that include accrued and unpaid interest and a make-whole premium .\nupon the occurrence of a change of control accompanied by a downgrade of the notes below investment grade rating , within a specified time period , the company would be required to offer to repurchase the public notes and 144a notes at a price equal to 101% ( 101 % ) of the aggregate principal amount thereof , plus any accrued and unpaid interest to the date of repurchase .\nthe public notes and 144a notes are senior unsecured and unsubordinated obligations of the company and rank equally with all other senior and unsubordinated indebtedness of the company .\nthe company entered into a registration rights agreement in connection with the issuance of the 144a notes .\nsubject to certain limitations set forth in the registration rights agreement , the company has agreed to ( i ) file a registration statement ( the 201cexchange offer registration statement 201d ) with respect to registered offers to exchange the 144a notes for exchange notes ( the 201cexchange notes 201d ) , which will have terms identical in all material respects to the new 10-year notes and new 30-year notes , as applicable , except that the exchange notes will not contain transfer restrictions and will not provide for any increase in the interest rate thereon in certain circumstances and ( ii ) use commercially reasonable efforts to cause the exchange offer registration statement to be declared effective within 270 days after the date of issuance of the 144a notes .\nuntil such time as the exchange offer registration statement is declared effective , the 144a notes may only be sold in accordance with rule 144a or regulation s of the securities act of 1933 , as amended .\nprivate notes the company 2019s private notes may be redeemed by the company at its option at redemption prices that include accrued and unpaid interest and a make-whole premium .\nupon the occurrence of specified changes of control involving the company , the company would be required to offer to repurchase the private notes at a price equal to 100% ( 100 % ) of the aggregate principal amount thereof , plus any accrued and unpaid interest to the date of repurchase .\nadditionally , the company would be required to make a similar offer to repurchase the private notes upon the occurrence of specified merger events or asset sales involving the company , when accompanied by a downgrade of the private notes below investment grade rating , within a specified time period .\nthe private notes are unsecured senior obligations of the company and rank equal in right of payment with all other senior indebtedness of the company .\nthe private notes shall be unconditionally guaranteed by subsidiaries of the company in certain circumstances , as described in the note purchase agreements as amended .\nother debt during 2015 , the company acquired the beneficial interest in the trust owning the leased naperville facility resulting in debt assumption of $ 100.2 million and the addition of $ 135.2 million in property , plant and equipment .\ncertain administrative , divisional , and research and development personnel are based at the naperville facility .\ncash paid as a result of the transaction was $ 19.8 million .\nthe assumption of debt and the majority of the property , plant and equipment addition represented non-cash financing and investing activities , respectively .\nthe remaining balance on the assumed debt was settled in december 2017 and was reflected in the \"other\" line of the table above at december 31 , 2016 .\ncovenants and future maturities the company is in compliance with all covenants under the company 2019s outstanding indebtedness at december 31 , 2017 .\nas of december 31 , 2017 , the aggregate annual maturities of long-term debt for the next five years were : ( millions ) .\n\nTable Data:\n[['2018', '$ 550'], ['2019', '397'], ['2020', '300'], ['2021', '1017'], ['2022', '497']]\n\nFollowing Text:\n.\n\nQuestion: is the long term debt maturing in 2021 greater than 2022?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2015/page_53.pdf\n\nID: ABMD/2015/page_53.pdf-3\n\nPrevious Text:\nperformance graph the following graph compares the yearly change in the cumulative total stockholder return for our last five full fiscal years , based upon the market price of our common stock , with the cumulative total return on a nasdaq composite index ( u.s .\ncompanies ) and a peer group , the nasdaq medical equipment-sic code 3840-3849 index , which is comprised of medical equipment companies , for that period .\nthe performance graph assumes the investment of $ 100 on march 31 , 2010 in our common stock , the nasdaq composite index ( u.s .\ncompanies ) and the peer group index , and the reinvestment of any and all dividends. .\n\nTable Data:\n[['', '3/31/2010', '3/31/2011', '3/31/2012', '3/31/2013', '3/31/2014', '3/31/2015'], ['abiomed inc', '100', '140.79', '215.02', '180.91', '252.33', '693.60'], ['nasdaq composite index', '100', '115.98', '128.93', '136.26', '175.11', '204.38'], ['nasdaq medical equipment sic code 3840-3849', '100', '108.31', '115.05', '105.56', '123.18', '118.95']]\n\nFollowing Text:\nthis graph is not 201csoliciting material 201d under regulation 14a or 14c of the rules promulgated under the securities exchange act of 1934 , is not deemed filed with the securities and exchange commission and is not to be incorporated by reference in any of our filings under the securities act of 1933 , as amended , or the exchange act whether made before or after the date hereof and irrespective of any general incorporation language in any such filing .\ntransfer agent american stock transfer & trust company , 59 maiden lane , new york , ny 10038 , is our stock transfer agent. .\n\nQuestion: what is the roi of an investment in abiomed inc from march 2010 to march 2013?",
        "solution": "80.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2005/page_64.pdf\n\nID: MSI/2005/page_64.pdf-5\n\nPrevious Text:\n57management's discussion and analysis of financial condition and results of operations facility include covenants relating to net interest coverage and total debt-to-book capitalization ratios .\nthe company was in compliance with the terms of the 3-year credit facility at december 31 , 2005 .\nthe company has never borrowed under its domestic revolving credit facilities .\nutilization of the non-u.s .\ncredit facilities may also be dependent on the company's ability to meet certain conditions at the time a borrowing is requested .\ncontractual obligations , guarantees , and other purchase commitments contractual obligations summarized in the table below are the company's obligations and commitments to make future payments under debt obligations ( assuming earliest possible exercise of put rights by holders ) , lease payment obligations , and purchase obligations as of december 31 , 2005 .\npayments due by period ( 1 ) ( in millions ) total 2006 2007 2008 2009 2010 thereafter .\n\nTable Data:\n[['( in millions )', 'payments due by period ( 1 ) total', 'payments due by period ( 1 ) 2006', 'payments due by period ( 1 ) 2007', 'payments due by period ( 1 ) 2008', 'payments due by period ( 1 ) 2009', 'payments due by period ( 1 ) 2010', 'payments due by period ( 1 ) thereafter'], ['long-term debt obligations', '$ 4033', '$ 119', '$ 1222', '$ 200', '$ 2', '$ 529', '$ 1961'], ['lease obligations', '1150', '438', '190', '134', '109', '84', '195'], ['purchase obligations', '992', '418', '28', '3', '2', '2', '539'], ['total contractual obligations', '$ 6175', '$ 975', '$ 1440', '$ 337', '$ 113', '$ 615', '$ 2695']]\n\nFollowing Text:\n( 1 ) amounts included represent firm , non-cancelable commitments .\ndebt obligations : at december 31 , 2005 , the company's long-term debt obligations , including current maturities and unamortized discount and issue costs , totaled $ 4.0 billion , as compared to $ 5.0 billion at december 31 , 2004 .\na table of all outstanding long-term debt securities can be found in note 4 , \"\"debt and credit facilities'' to the company's consolidated financial statements .\nas previously discussed , the decrease in the long- term debt obligations as compared to december 31 , 2004 , was due to the redemptions and repurchases of $ 1.0 billion principal amount of outstanding securities during 2005 .\nalso , as previously discussed , the remaining $ 118 million of 7.6% ( 7.6 % ) notes due january 1 , 2007 were reclassified to current maturities of long-term debt .\nlease obligations : the company owns most of its major facilities , but does lease certain office , factory and warehouse space , land , and information technology and other equipment under principally non-cancelable operating leases .\nat december 31 , 2005 , future minimum lease obligations , net of minimum sublease rentals , totaled $ 1.2 billion .\nrental expense , net of sublease income , was $ 254 million in 2005 , $ 217 million in 2004 and $ 223 million in 2003 .\npurchase obligations : the company has entered into agreements for the purchase of inventory , license of software , promotional agreements , and research and development agreements which are firm commitments and are not cancelable .\nthe longest of these agreements extends through 2015 .\ntotal payments expected to be made under these agreements total $ 992 million .\ncommitments under other long-term agreements : the company has entered into certain long-term agreements to purchase software , components , supplies and materials from suppliers .\nmost of the agreements extend for periods of one to three years ( three to five years for software ) .\nhowever , generally these agreements do not obligate the company to make any purchases , and many permit the company to terminate the agreement with advance notice ( usually ranging from 60 to 180 days ) .\nif the company were to terminate these agreements , it generally would be liable for certain termination charges , typically based on work performed and supplier on-hand inventory and raw materials attributable to canceled orders .\nthe company's liability would only arise in the event it terminates the agreements for reasons other than \"\"cause.'' in 2003 , the company entered into outsourcing contracts for certain corporate functions , such as benefit administration and information technology related services .\nthese contracts generally extend for 10 years and are expected to expire in 2013 .\nthe total payments under these contracts are approximately $ 3 billion over 10 years ; however , these contracts can be terminated .\ntermination would result in a penalty substantially less than the annual contract payments .\nthe company would also be required to find another source for these services , including the possibility of performing them in-house .\nas is customary in bidding for and completing network infrastructure projects and pursuant to a practice the company has followed for many years , the company has a number of performance/bid bonds and standby letters of credit outstanding , primarily relating to projects of government and enterprise mobility solutions segment and the networks segment .\nthese instruments normally have maturities of up to three years and are standard in the .\n\nQuestion: what percent of the total contractual obligations should be paid by the end of 2006?",
        "solution": "15.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_111.pdf\n\nID: SNA/2013/page_111.pdf-2\n\nPrevious Text:\nthe fair value of performance awards is calculated using the market value of a share of snap-on 2019s common stock on the date of grant .\nthe weighted-average grant date fair value of performance awards granted during 2013 , 2012 and 2011 was $ 77.33 , $ 60.00 and $ 55.97 , respectively .\nvested performance share units approximated 148000 shares as of 2013 year end , 213000 shares as of 2012 year end and 54208 shares as of 2011 year end .\nperformance share units of 213459 shares were paid out in 2013 and 53990 shares were paid out in 2012 ; no performance share units were paid out in 2011 .\nearned performance share units are generally paid out following the conclusion of the applicable performance period upon approval by the organization and executive compensation committee of the company 2019s board of directors ( the 201cboard 201d ) .\nbased on the company 2019s 2013 performance , 84413 rsus granted in 2013 were earned ; assuming continued employment , these rsus will vest at the end of fiscal 2015 .\nbased on the company 2019s 2012 performance , 95047 rsus granted in 2012 were earned ; assuming continued employment , these rsus will vest at the end of fiscal 2014 .\nbased on the company 2019s 2011 performance , 159970 rsus granted in 2011 were earned ; these rsus vested as of fiscal 2013 year end and were paid out shortly thereafter .\nas a result of employee retirements , a total of 1614 of the rsus earned in 2012 and 2011 vested pursuant to the terms of the related award agreements and the underlying shares were paid out in the third quarter of 2013 .\nthe changes to the company 2019s non-vested performance awards in 2013 are as follows : shares ( in thousands ) fair value price per share* .\n\nTable Data:\n[['', 'shares ( in thousands )', 'fair valueprice pershare*'], ['non-vested performance awards at beginning of year', '509', '$ 59.36'], ['granted', '180', '77.33'], ['vested', '-306 ( 306 )', '58.94'], ['cancellations', '-2 ( 2 )', '69.23'], ['non-vested performance awards at end of year', '381', '68.13']]\n\nFollowing Text:\n* weighted-average as of 2013 year end there was approximately $ 12.9 million of unrecognized compensation cost related to non-vested performance awards that is expected to be recognized as a charge to earnings over a weighted-average period of 1.6 years .\nstock appreciation rights ( 201csars 201d ) the company also issues cash-settled and stock-settled sars to certain key non-u.s .\nemployees .\nsars have a contractual term of ten years and vest ratably on the first , second and third anniversaries of the date of grant .\nsars are granted with an exercise price equal to the market value of a share of snap-on 2019s common stock on the date of grant .\ncash-settled sars provide for the cash payment of the excess of the fair market value of snap-on 2019s common stock price on the date of exercise over the grant price .\ncash-settled sars have no effect on dilutive shares or shares outstanding as any appreciation of snap-on 2019s common stock value over the grant price is paid in cash and not in common stock .\nin 2013 , the company began issuing stock-settled sars that are accounted for as equity instruments and provide for the issuance of snap-on common stock equal to the amount by which the company 2019s stock has appreciated over the exercise price .\nstock-settled sars have an effect on dilutive shares and shares outstanding as any appreciation of snap-on 2019s common stock value over the exercise price will be settled in shares of common stock .\n2013 annual report 101 .\n\nQuestion: what was the percent of the change in the non-vested performance awards at end of year",
        "solution": "-25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2015/page_58.pdf\n\nID: AMT/2015/page_58.pdf-1\n\nPrevious Text:\nthe long term .\nin addition , we have focused on building relationships with large multinational carriers such as airtel , telef f3nica s.a .\nand vodafone group plc .\nwe believe that consistent carrier investments in their networks across our international markets position us to generate meaningful organic revenue growth going forward .\nin emerging markets , such as ghana , india , nigeria and uganda , wireless networks tend to be significantly less advanced than those in the united states , and initial voice networks continue to be deployed in underdeveloped areas .\na majority of consumers in these markets still utilize basic wireless services , predominantly on feature phones , while advanced device penetration remains low .\nin more developed urban locations within these markets , early-stage data network deployments are underway .\ncarriers are focused on completing voice network build-outs while also investing in initial data networks as wireless data usage and smartphone penetration within their customer bases begin to accelerate .\nin markets with rapidly evolving network technology , such as south africa and most of the countries in latin america where we do business , initial voice networks , for the most part , have already been built out , and carriers are focused on 3g network build outs , with select investments in 4g technology .\nconsumers in these regions are increasingly adopting smartphones and other advanced devices , and as a result , the usage of bandwidth-intensive mobile applications is growing materially .\nrecent spectrum auctions in these rapidly evolving markets have allowed incumbent carriers to accelerate their data network deployments and have also enabled new entrants to begin initial investments in data networks .\nsmartphone penetration and wireless data usage in these markets are growing rapidly , which typically requires that carriers continue to invest in their networks in order to maintain and augment their quality of service .\nfinally , in markets with more mature network technology , such as germany , carriers are focused on deploying 4g data networks to account for rapidly increasing wireless data usage amongst their customer base .\nwith higher smartphone and advanced device penetration and significantly higher per capita data usage , carrier investment in networks is focused on 4g coverage and capacity .\nwe believe that the network technology migration we have seen in the united states , which has led to significantly denser networks and meaningful new business commencements for us over a number of years , will ultimately be replicated in our less advanced international markets .\nas a result , we expect to be able to leverage our extensive international portfolio of approximately 60190 communications sites and the relationships we have built with our carrier customers to drive sustainable , long-term growth .\nwe have holistic master lease agreements with certain of our tenants that provide for consistent , long-term revenue and a reduction in the likelihood of churn .\nour holistic master lease agreements build and augment strong strategic partnerships with our tenants and have significantly reduced collocation cycle times , thereby providing our tenants with the ability to rapidly and efficiently deploy equipment on our sites .\nproperty operations new site revenue growth .\nduring the year ended december 31 , 2015 , we grew our portfolio of communications real estate through the acquisition and construction of approximately 25370 sites .\nin a majority of our asia , emea and latin america markets , the acquisition or construction of new sites resulted in increases in both tenant and pass- through revenues ( such as ground rent or power and fuel costs ) and expenses .\nwe continue to evaluate opportunities to acquire communications real estate portfolios , both domestically and internationally , to determine whether they meet our risk-adjusted hurdle rates and whether we believe we can effectively integrate them into our existing portfolio. .\n\nTable Data:\n[['new sites ( acquired or constructed )', '2015', '2014', '2013'], ['u.s .', '11595', '900', '5260'], ['asia', '2330', '1560', '1260'], ['emea', '4910', '190', '485'], ['latin america', '6535', '5800', '6065']]\n\nFollowing Text:\nproperty operations expenses .\ndirect operating expenses incurred by our property segments include direct site level expenses and consist primarily of ground rent and power and fuel costs , some or all of which may be passed through to our tenants , as well as property taxes , repairs and maintenance .\nthese segment direct operating expenses exclude all segment and corporate selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense in our consolidated statements of operations .\nin general , our property segments 2019 selling , general , administrative and development expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .\nas a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .\nwe may , however , incur additional segment .\n\nQuestion: what was the percentage of the real estate portfolios for asia from 2014 to 2015",
        "solution": "49.35%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2018/page_85.pdf\n\nID: LMT/2018/page_85.pdf-4\n\nPrevious Text:\nnote 2 2013 earnings per share the weighted average number of shares outstanding used to compute earnings per common share were as follows ( in millions ) : .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['weighted average common shares outstanding for basic computations', '284.5', '287.8', '299.3'], ['weighted average dilutive effect of equity awards', '2.3', '2.8', '3.8'], ['weighted average common shares outstanding for diluted computations', '286.8', '290.6', '303.1']]\n\nFollowing Text:\nwe compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented .\nour calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units ( rsus ) , performance stock units ( psus ) and exercise of outstanding stock options based on the treasury stock method .\nthere were no significant anti-dilutive equity awards for the years ended december 31 , 2018 , 2017 and 2016 .\nnote 3 2013 acquisition and divestitures consolidation of awe management limited on august 24 , 2016 , we increased our ownership interest in the awe joint venture , which operates the united kingdom 2019s nuclear deterrent program , from 33% ( 33 % ) to 51% ( 51 % ) .\nconsequently , we began consolidating awe and our operating results include 100% ( 100 % ) of awe 2019s sales and 51% ( 51 % ) of its operating profit .\nprior to increasing our ownership interest , we accounted for our investment in awe using the equity method of accounting .\nunder the equity method , we recognized only 33% ( 33 % ) of awe 2019s earnings or losses and no sales .\naccordingly , prior to august 24 , 2016 , the date we obtained control , we recorded 33% ( 33 % ) of awe 2019s net earnings in our operating results and subsequent to august 24 , 2016 , we recognized 100% ( 100 % ) of awe 2019s sales and 51% ( 51 % ) of its operating profit .\nwe accounted for this transaction as a 201cstep acquisition 201d ( as defined by u.s .\ngaap ) , which requires us to consolidate and record the assets and liabilities of awe at fair value .\naccordingly , we recorded intangible assets of $ 243 million related to customer relationships , $ 32 million of net liabilities , and noncontrolling interests of $ 107 million .\nthe intangible assets are being amortized over a period of eight years in accordance with the underlying pattern of economic benefit reflected by the future net cash flows .\nin 2016 , we recognized a non-cash net gain of $ 104 million associated with obtaining a controlling interest in awe , which consisted of a $ 127 million pretax gain recognized in the operating results of our space business segment and $ 23 million of tax-related items at our corporate office .\nthe gain represented the fair value of our 51% ( 51 % ) interest in awe , less the carrying value of our previously held investment in awe and deferred taxes .\nthe gain was recorded in other income , net on our consolidated statements of earnings .\nthe fair value of awe ( including the intangible assets ) , our controlling interest , and the noncontrolling interests were determined using the income approach .\ndivestiture of the information systems & global solutions business on august 16 , 2016 , we divested our former is&gs business , which merged with leidos , in a reverse morris trust transaction ( the 201ctransaction 201d ) .\nthe transaction was completed in a multi-step process pursuant to which we initially contributed the is&gs business to abacus innovations corporation ( abacus ) , a wholly owned subsidiary of lockheed martin created to facilitate the transaction , and the common stock of abacus was distributed to participating lockheed martin stockholders through an exchange offer .\nunder the terms of the exchange offer , lockheed martin stockholders had the option to exchange shares of lockheed martin common stock for shares of abacus common stock .\nat the conclusion of the exchange offer , all shares of abacus common stock were exchanged for 9369694 shares of lockheed martin common stock held by lockheed martin stockholders that elected to participate in the exchange .\nthe shares of lockheed martin common stock that were exchanged and accepted were retired , reducing the number of shares of our common stock outstanding by approximately 3% ( 3 % ) .\nfollowing the exchange offer , abacus merged with a subsidiary of leidos , with abacus continuing as the surviving corporation and a wholly-owned subsidiary of leidos .\nas part of the merger , each share of abacus common stock was automatically converted into one share of leidos common stock .\nwe did not receive any shares of leidos common stock as part of the transaction and do not hold any shares of leidos or abacus common stock following the transaction .\nbased on an opinion of outside tax counsel , subject to customary qualifications and based on factual representations , the exchange offer and merger will qualify as tax-free transactions to lockheed martin and its stockholders , except to the extent that cash was paid to lockheed martin stockholders in lieu of fractional shares .\nin connection with the transaction , abacus borrowed an aggregate principal amount of approximately $ 1.84 billion under term loan facilities with third party financial institutions , the proceeds of which were used to make a one-time special cash payment of $ 1.80 billion to lockheed martin and to pay associated borrowing fees and expenses .\nthe entire special cash payment was used to repay debt , pay dividends and repurchase stock during the third and fourth quarters of 2016 .\nthe obligations under the abacus term loan facilities were guaranteed by leidos as part of the transaction. .\n\nQuestion: what is the percentage change in weighted average common shares outstanding for basic computations from 2017 to 2018?",
        "solution": "-1.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2008/page_109.pdf\n\nID: STT/2008/page_109.pdf-3\n\nPrevious Text:\nas described above , the borrowings are extended on a non-recourse basis .\nas such , there is no credit or market risk exposure to us on the assets , and as a result the terms of the amlf permit exclusion of the assets from regulatory leverage and risk-based capital calculations .\nthe interest rate on the borrowings is set by the federal reserve bank , and we earn net interest revenue by earning a spread on the difference between the yield we earn on the assets and the rate we pay on the borrowings .\nfor 2008 , we earned net interest revenue associated with this facility of approximately $ 68 million .\nseparately , we currently maintain a commercial paper program under which we can issue up to $ 3 billion with original maturities of up to 270 days from the date of issue .\nat december 31 , 2008 and 2007 , $ 2.59 billion and $ 2.36 billion , respectively , of commercial paper were outstanding .\nin addition , state street bank currently has board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 2.48 billion of senior notes under the fdic 2019s temporary liquidity guarantee program , instituted by the fdic in october 2008 for qualified senior debt issued through june 30 , 2009 , and up to $ 1 billion of subordinated bank notes ( see note 10 ) .\nat december 31 , 2008 and 2007 , no notes payable were outstanding , and at december 31 , 2008 , all $ 5 billion was available for issuance .\nstate street bank currently maintains a line of credit of cad $ 800 million , or approximately $ 657 million , to support its canadian securities processing operations .\nthe line of credit has no stated termination date and is cancelable by either party with prior notice .\nat december 31 , 2008 , no balance was due on this line of credit .\nnote 9 .\nrestructuring charges in december 2008 , we implemented a plan to reduce our expenses from operations and support our long- term growth .\nin connection with this plan , we recorded aggregate restructuring charges of $ 306 million in our consolidated statement of income .\nthe primary component of the plan was an involuntary reduction of approximately 7% ( 7 % ) of our global workforce , which reduction we expect to be substantially completed by the end of the first quarter of 2009 .\nother components of the plan included costs related to lease and software license terminations , restructuring of agreements with technology providers and other costs .\nof the aggregate restructuring charges of $ 306 million , $ 243 million related to severance , a portion of which will be paid in a lump sum or over a defined period , and a portion of which will provide related benefits and outplacement services for approximately 2100 employees identified for involuntary termination in connection with the plan ; $ 49 million related to future lease obligations and write-offs of capitalized assets , including $ 23 million for impairment of other intangible assets ; $ 10 million of costs associated with information technology and $ 4 million of other restructuring costs .\nthe severance component included $ 47 million related to accelerated vesting of equity-based compensation .\nin december 2008 , approximately 620 employees were involuntarily terminated and left state street .\nthe following table presents the activity in the related balance sheet reserve for 2008 .\n( in millions ) severance lease and write-offs information technology other total .\n\nTable Data:\n[['( in millions )', 'severance', 'lease and asset write-offs', 'information technology', 'other', 'total'], ['initial accrual', '$ 250', '$ 42', '$ 10', '$ 4', '$ 306'], ['payments and adjustments', '-20 ( 20 )', '-25 ( 25 )', '-10 ( 10 )', '-1 ( 1 )', '-56 ( 56 )'], ['balance at december 31 2008', '$ 230', '$ 17', '2014', '$ 3', '$ 250']]\n\nFollowing Text:\n.\n\nQuestion: what portion of the balance of initial accrual is related to severances?",
        "solution": "81.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2017/page_47.pdf\n\nID: BKR/2017/page_47.pdf-1\n\nPrevious Text:\nbhge 2017 form 10-k | 27 the short term .\nwe do , however , view the long term economics of the lng industry as positive given our outlook for supply and demand .\n2022 refinery , petrochemical and industrial projects : in refining , we believe large , complex refineries should gain advantage in a more competitive , oversupplied landscape in 2018 as the industry globalizes and refiners position to meet local demand and secure export potential .\nin petrochemicals , we continue to see healthy demand and cost-advantaged supply driving projects forward in 2018 .\nthe industrial market continues to grow as outdated infrastructure is replaced , policy changes come into effect and power is decentralized .\nwe continue to see growing demand across these markets in 2018 .\nwe have other segments in our portfolio that are more correlated with different industrial metrics such as our digital solutions business .\noverall , we believe our portfolio is uniquely positioned to compete across the value chain , and deliver unique solutions for our customers .\nwe remain optimistic about the long-term economics of the industry , but are continuing to operate with flexibility given our expectations for volatility and changing assumptions in the near term .\nin 2016 , solar and wind net additions exceeded coal and gas for the first time and it continued throughout 2017 .\ngovernments may change or may not continue incentives for renewable energy additions .\nin the long term , renewables' cost decline may accelerate to compete with new-built fossil capacity , however , we do not anticipate any significant impacts to our business in the foreseeable future .\ndespite the near-term volatility , the long-term outlook for our industry remains strong .\nwe believe the world 2019s demand for energy will continue to rise , and the supply of energy will continue to increase in complexity , requiring greater service intensity and more advanced technology from oilfield service companies .\nas such , we remain focused on delivering innovative cost-efficient solutions that deliver step changes in operating and economic performance for our customers .\nbusiness environment the following discussion and analysis summarizes the significant factors affecting our results of operations , financial condition and liquidity position as of and for the year ended december 31 , 2017 , 2016 and 2015 , and should be read in conjunction with the consolidated and combined financial statements and related notes of the company .\namounts reported in millions in graphs within this report are computed based on the amounts in hundreds .\nas a result , the sum of the components reported in millions may not equal the total amount reported in millions due to rounding .\nwe operate in more than 120 countries helping customers find , evaluate , drill , produce , transport and process hydrocarbon resources .\nour revenue is predominately generated from the sale of products and services to major , national , and independent oil and natural gas companies worldwide , and is dependent on spending by our customers for oil and natural gas exploration , field development and production .\nthis spending is driven by a number of factors , including our customers' forecasts of future energy demand and supply , their access to resources to develop and produce oil and natural gas , their ability to fund their capital programs , the impact of new government regulations and most importantly , their expectations for oil and natural gas prices as a key driver of their cash flows .\noil and natural gas prices oil and natural gas prices are summarized in the table below as averages of the daily closing prices during each of the periods indicated. .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['brent oil prices ( $ /bbl ) ( 1 )', '$ 54.12', '$ 43.64', '$ 52.32'], ['wti oil prices ( $ /bbl ) ( 2 )', '50.80', '43.29', '48.66'], ['natural gas prices ( $ /mmbtu ) ( 3 )', '2.99', '2.52', '2.62']]\n\nFollowing Text:\nbrent oil prices ( $ /bbl ) ( 1 ) $ 54.12 $ 43.64 $ 52.32 wti oil prices ( $ /bbl ) ( 2 ) 50.80 43.29 48.66 natural gas prices ( $ /mmbtu ) ( 3 ) 2.99 2.52 2.62 ( 1 ) energy information administration ( eia ) europe brent spot price per barrel .\n\nQuestion: what are the natural gas prices as a percentage of wti oil prices in 2017?",
        "solution": "5.89%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GIS/2014/page_25.pdf\n\nID: GIS/2014/page_25.pdf-1\n\nPrevious Text:\n22 general mills 2014 annual report 23 gross margin declined 1 percent in fiscal 2014 versus fiscal 2013 .\ngross margin as a percent of net sales of 36 percent was relatively flat compared to fiscal 2013 .\nselling , general and administrative ( sg&a ) expenses decreased $ 78 million in fiscal 2014 versus fiscal 2013 .\nthe decrease in sg&a expenses was primarily driven by a 3 percent decrease in advertising and media expense , a smaller contribution to the general mills foundation , a decrease in incentive compensation expense and lower pension expense compared to fiscal 2013 .\nin fiscal 2014 , we recorded a $ 39 million charge related to venezuela currency devaluation compared to a $ 9 million charge in fiscal 2013 .\nin addition , we recorded $ 12 million of inte- gration costs in fiscal 2013 related to our acquisition of yoki .\nsg&a expenses as a percent of net sales decreased 1 percent compared to fiscal 2013 .\nrestructuring , impairment , and other exit costs totaled $ 4 million in fiscal 2014 .\nthe restructuring charge related to a productivity and cost savings plan approved in the fourth quarter of fiscal 2012 .\nthese restructuring actions were completed in fiscal 2014 .\nin fiscal 2014 , we paid $ 22 million in cash related to restructuring actions .\nduring fiscal 2014 , we recorded a divestiture gain of $ 66 million related to the sale of certain grain elevators in our u.s .\nretail segment .\nthere were no divestitures in fiscal 2013 .\ninterest , net for fiscal 2014 totaled $ 302 million , $ 15 million lower than fiscal 2013 .\nthe average interest rate decreased 41 basis points , including the effect of the mix of debt , generating a $ 31 million decrease in net interest .\naverage interest bearing instruments increased $ 367 million , generating a $ 16 million increase in net interest .\nour consolidated effective tax rate for fiscal 2014 was 33.3 percent compared to 29.2 percent in fiscal 2013 .\nthe 4.1 percentage point increase was primarily related to the restructuring of our general mills cereals , llc ( gmc ) subsidiary during the first quarter of 2013 which resulted in a $ 63 million decrease to deferred income tax liabilities related to the tax basis of the investment in gmc and certain distributed assets , with a correspond- ing non-cash reduction to income taxes .\nduring fiscal 2013 , we also recorded a $ 34 million discrete decrease in income tax expense and an increase in our deferred tax assets related to certain actions taken to restore part of the tax benefits associated with medicare part d subsidies which had previously been reduced in fiscal 2010 with the enactment of the patient protection and affordable care act , as amended by the health care and education reconciliation act of 2010 .\nour fiscal 2013 tax expense also includes a $ 12 million charge associated with the liquidation of a corporate investment .\nafter-tax earnings from joint ventures for fiscal 2014 decreased to $ 90 million compared to $ 99 million in fiscal 2013 primarily driven by increased consumer spending at cereal partners worldwide ( cpw ) and unfavorable foreign currency exchange from h e4agen- dazs japan , inc .\n( hdj ) .\nthe change in net sales for each joint venture is set forth in the following table : joint venture change in net sales as reported constant currency basis fiscal 2014 fiscal 2014 vs .\n2013 vs .\n2013 cpw ( 1 ) % (  % ) flat .\n\nTable Data:\n[['cpw', 'as reported fiscal 2014 vs . 2013 ( 1 ) % (  % )', 'constant currency basis fiscal 2014 vs . 2013 flat', ''], ['hdj', '-8 ( 8 )', '9', '% (  % )'], ['joint ventures', '( 2 ) % (  % )', '2', '% (  % )']]\n\nFollowing Text:\nin fiscal 2014 , cpw net sales declined by 1 percent- age point due to unfavorable foreign currency exchange .\ncontribution from volume growth was flat compared to fiscal 2013 .\nin fiscal 2014 , net sales for hdj decreased 8 percentage points from fiscal 2013 as 11 percentage points of contributions from volume growth was offset by 17 percentage points of net sales decline from unfa- vorable foreign currency exchange and 2 percentage points of net sales decline attributable to unfavorable net price realization and mix .\naverage diluted shares outstanding decreased by 20 million in fiscal 2014 from fiscal 2013 due primar- ily to the repurchase of 36 million shares , partially offset by the issuance of 7 million shares related to stock compensation plans .\nfiscal 2014 consolidated balance sheet analysis cash and cash equivalents increased $ 126 million from fiscal 2013 .\nreceivables increased $ 37 million from fiscal 2013 pri- marily driven by timing of sales .\ninventories increased $ 14 million from fiscal 2013 .\nprepaid expenses and other current assets decreased $ 29 million from fiscal 2013 , mainly due to a decrease in other receivables related to the liquidation of a corporate investment .\nland , buildings , and equipment increased $ 64 million from fiscal 2013 , as $ 664 million of capital expenditures .\n\nQuestion: what is the growth rate of earnings generated from joint ventures from 2013 to 2014?",
        "solution": "9.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2016/page_100.pdf\n\nID: INTC/2016/page_100.pdf-2\n\nPrevious Text:\nintel corporation notes to consolidated financial statements ( continued ) note 16 : other comprehensive income ( loss ) the changes in accumulated other comprehensive income ( loss ) by component and related tax effects for each period were as follows : ( in millions ) unrealized holding ( losses ) on available- for-sale investments deferred tax asset valuation allowance unrealized holding ( losses ) on derivatives service credits ( costs ) actuarial ( losses ) foreign currency translation adjustment total .\n\nTable Data:\n[['( in millions )', 'unrealized holding gains ( losses ) on available-for-sale investments', 'deferred tax asset valuation allowance', 'unrealized holding gains ( losses ) on derivatives', 'prior service credits ( costs )', 'actuarial gains ( losses )', 'foreign currency translation adjustment', 'total'], ['december 27 2014', '$ 2459', '$ 26', '$ -423 ( 423 )', '$ -47 ( 47 )', '$ -1004 ( 1004 )', '$ -345 ( 345 )', '$ 666'], ['other comprehensive income ( loss ) before reclassifications', '-999 ( 999 )', '2014', '-298 ( 298 )', '-2 ( 2 )', '73', '-187 ( 187 )', '-1413 ( 1413 )'], ['amounts reclassified out of accumulated other comprehensive income ( loss )', '-93 ( 93 )', '2014', '522', '10', '67', '2014', '506'], ['tax effects', '382', '-18 ( 18 )', '-67 ( 67 )', '-1 ( 1 )', '-12 ( 12 )', '17', '301'], ['other comprehensive income ( loss )', '-710 ( 710 )', '-18 ( 18 )', '157', '7', '128', '-170 ( 170 )', '-606 ( 606 )'], ['december 26 2015', '1749', '8', '-266 ( 266 )', '-40 ( 40 )', '-876 ( 876 )', '-515 ( 515 )', '60'], ['other comprehensive income ( loss ) before reclassifications', '1170', '2014', '-26 ( 26 )', '2014', '-680 ( 680 )', '-4 ( 4 )', '460'], ['amounts reclassified out of accumulated other comprehensive income ( loss )', '-530 ( 530 )', '2014', '38', '2014', '170', '2014', '-322 ( 322 )'], ['tax effects', '-225 ( 225 )', '-8 ( 8 )', '-5 ( 5 )', '2014', '146', '2014', '-92 ( 92 )'], ['other comprehensive income ( loss )', '415', '-8 ( 8 )', '7', '2014', '-364 ( 364 )', '-4 ( 4 )', '46'], ['december 31 2016', '$ 2164', '$ 2014', '$ -259 ( 259 )', '$ -40 ( 40 )', '$ -1240 ( 1240 )', '$ -519 ( 519 )', '$ 106']]\n\nFollowing Text:\n.\n\nQuestion: what is the net change in accumulated other comprehensive income during 2016?",
        "solution": "46"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2003/page_51.pdf\n\nID: JPM/2003/page_51.pdf-2\n\nPrevious Text:\nj.p .\nmorgan chase & co .\n/ 2003 annual report 49 off 2013balance sheet arrangements and contractual cash obligations special-purpose entities special-purpose entities ( 201cspes 201d ) , special-purpose vehicles ( 201cspvs 201d ) , or variable-interest entities ( 201cvies 201d ) , are an important part of the financial markets , providing market liquidity by facili- tating investors 2019 access to specific portfolios of assets and risks .\nspes are not operating entities ; typically they are established for a single , discrete purpose , have a limited life and have no employees .\nthe basic spe structure involves a company selling assets to the spe .\nthe spe funds the asset purchase by selling securities to investors .\nto insulate investors from creditors of other entities , including the seller of the assets , spes are often structured to be bankruptcy-remote .\nspes are critical to the functioning of many investor markets , including , for example , the market for mortgage-backed securities , other asset-backed securities and commercial paper .\njpmorgan chase is involved with spes in three broad categories of transactions : loan securi- tizations ( through 201cqualifying 201d spes ) , multi-seller conduits , and client intermediation .\ncapital is held , as appropriate , against all spe-related transactions and related exposures such as deriva- tive transactions and lending-related commitments .\nthe firm has no commitments to issue its own stock to support any spe transaction , and its policies require that transactions with spes be conducted at arm 2019s length and reflect market pric- ing .\nconsistent with this policy , no jpmorgan chase employee is permitted to invest in spes with which the firm is involved where such investment would violate the firm 2019s worldwide rules of conduct .\nthese rules prohibit employees from self- dealing and prohibit employees from acting on behalf of the firm in transactions with which they or their family have any significant financial interest .\nfor certain liquidity commitments to spes , the firm could be required to provide funding if the credit rating of jpmorgan chase bank were downgraded below specific levels , primarily p-1 , a-1 and f1 for moody 2019s , standard & poor 2019s and fitch , respectively .\nthe amount of these liquidity commitments was $ 34.0 billion at december 31 , 2003 .\nif jpmorgan chase bank were required to provide funding under these commitments , the firm could be replaced as liquidity provider .\nadditionally , with respect to the multi-seller conduits and structured commercial loan vehicles for which jpmorgan chase bank has extended liq- uidity commitments , the bank could facilitate the sale or refi- nancing of the assets in the spe in order to provide liquidity .\nof these liquidity commitments to spes , $ 27.7 billion is included in the firm 2019s total other unfunded commitments to extend credit included in the table on the following page .\nas a result of the consolidation of multi-seller conduits in accordance with fin 46 , $ 6.3 billion of these commitments are excluded from the table , as the underlying assets of the spe have been included on the firm 2019s consolidated balance sheet .\nthe following table summarizes certain revenue information related to vies with which the firm has significant involvement , and qualifying spes: .\n\nTable Data:\n[['year ended december 31 2003 ( in millions )', 'year ended december 31 2003 vies', 'year ended december 31 2003 ( a )', 'year ended december 31 2003 spes', 'total'], ['revenue', '$ 79', '', '$ 979', '$ 1058']]\n\nFollowing Text:\n( a ) includes consolidated and nonconsolidated asset-backed commercial paper conduits for a consistent presentation of 2003 results .\nthe revenue reported in the table above represents primarily servicing fee income .\nthe firm also has exposure to certain vie vehicles arising from derivative transactions with vies ; these transactions are recorded at fair value on the firm 2019s consolidated balance sheet with changes in fair value ( i.e. , mark-to-market gains and losses ) recorded in trading revenue .\nsuch mtm gains and losses are not included in the revenue amounts reported in the table above .\nfor a further discussion of spes and the firm 2019s accounting for spes , see note 1 on pages 86 201387 , note 13 on pages 100 2013103 , and note 14 on pages 103 2013106 of this annual report .\ncontractual cash obligations in the normal course of business , the firm enters into various con- tractual obligations that may require future cash payments .\ncontractual obligations at december 31 , 2003 , include long-term debt , trust preferred capital securities , operating leases , contractual purchases and capital expenditures and certain other liabilities .\nfor a further discussion regarding long-term debt and trust preferred capital securities , see note 18 on pages 109 2013111 of this annual report .\nfor a further discussion regarding operating leases , see note 27 on page 115 of this annual report .\nthe accompanying table summarizes jpmorgan chase 2019s off 2013 balance sheet lending-related financial instruments and signifi- cant contractual cash obligations , by remaining maturity , at december 31 , 2003 .\ncontractual purchases include commit- ments for future cash expenditures , primarily for services and contracts involving certain forward purchases of securities and commodities .\ncapital expenditures primarily represent future cash payments for real estate 2013related obligations and equip- ment .\ncontractual purchases and capital expenditures at december 31 , 2003 , reflect the minimum contractual obligation under legally enforceable contracts with contract terms that are both fixed and determinable .\nexcluded from the following table are a number of obligations to be settled in cash , primarily in under one year .\nthese obligations are reflected on the firm 2019s consolidated balance sheet and include deposits ; federal funds purchased and securities sold under repurchase agreements ; other borrowed funds ; purchases of debt and equity instruments that settle within standard market timeframes ( e.g .\nregular-way ) ; derivative payables that do not require physical delivery of the underlying instrument ; and certain purchases of instruments that resulted in settlement failures. .\n\nQuestion: in 2003 , special purpose entities provided what share of the total revenue of vies and spes?",
        "solution": "92.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2012/page_36.pdf\n\nID: AAPL/2012/page_36.pdf-1\n\nPrevious Text:\n$ 43.3 million in 2011 compared to $ 34.1 million in 2010 .\nthe retail segment represented 13% ( 13 % ) and 15% ( 15 % ) of the company 2019s total net sales in 2011 and 2010 , respectively .\nthe retail segment 2019s operating income was $ 4.7 billion , $ 3.2 billion , and $ 2.3 billion during 2012 , 2011 , and 2010 respectively .\nthese year-over-year increases in retail operating income were primarily attributable to higher overall net sales that resulted in significantly higher average revenue per store during the respective years .\ngross margin gross margin for 2012 , 2011 and 2010 are as follows ( in millions , except gross margin percentages ) : .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['net sales', '$ 156508', '$ 108249', '$ 65225'], ['cost of sales', '87846', '64431', '39541'], ['gross margin', '$ 68662', '$ 43818', '$ 25684'], ['gross margin percentage', '43.9% ( 43.9 % )', '40.5% ( 40.5 % )', '39.4% ( 39.4 % )']]\n\nFollowing Text:\nthe gross margin percentage in 2012 was 43.9% ( 43.9 % ) , compared to 40.5% ( 40.5 % ) in 2011 .\nthis year-over-year increase in gross margin was largely driven by lower commodity and other product costs , a higher mix of iphone sales , and improved leverage on fixed costs from higher net sales .\nthe increase in gross margin was partially offset by the impact of a stronger u.s .\ndollar .\nthe gross margin percentage during the first half of 2012 was 45.9% ( 45.9 % ) compared to 41.4% ( 41.4 % ) during the second half of 2012 .\nthe primary drivers of higher gross margin in the first half of 2012 compared to the second half are a higher mix of iphone sales and improved leverage on fixed costs from higher net sales .\nadditionally , gross margin in the second half of 2012 was also affected by the introduction of new products with flat pricing that have higher cost structures and deliver greater value to customers , price reductions on certain existing products , higher transition costs associated with product launches , and continued strengthening of the u.s .\ndollar ; partially offset by lower commodity costs .\nthe gross margin percentage in 2011 was 40.5% ( 40.5 % ) , compared to 39.4% ( 39.4 % ) in 2010 .\nthis year-over-year increase in gross margin was largely driven by lower commodity and other product costs .\nthe company expects to experience decreases in its gross margin percentage in future periods , as compared to levels achieved during 2012 , and the company anticipates gross margin of about 36% ( 36 % ) during the first quarter of 2013 .\nexpected future declines in gross margin are largely due to a higher mix of new and innovative products with flat or reduced pricing that have higher cost structures and deliver greater value to customers and anticipated component cost and other cost increases .\nfuture strengthening of the u.s .\ndollar could further negatively impact gross margin .\nthe foregoing statements regarding the company 2019s expected gross margin percentage in future periods , including the first quarter of 2013 , are forward-looking and could differ from actual results because of several factors including , but not limited to those set forth above in part i , item 1a of this form 10-k under the heading 201crisk factors 201d and those described in this paragraph .\nin general , gross margins and margins on individual products will remain under downward pressure due to a variety of factors , including continued industry wide global product pricing pressures , increased competition , compressed product life cycles , product transitions and potential increases in the cost of components , as well as potential increases in the costs of outside manufacturing services and a potential shift in the company 2019s sales mix towards products with lower gross margins .\nin response to competitive pressures , the company expects it will continue to take product pricing actions , which would adversely affect gross margins .\ngross margins could also be affected by the company 2019s ability to manage product quality and warranty costs effectively and to stimulate demand for certain of its products .\ndue to the company 2019s significant international operations , financial results can be significantly affected in the short-term by fluctuations in exchange rates. .\n\nQuestion: what was the percentage change in net sales from 2011 to 2012?",
        "solution": "45%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2006/page_31.pdf\n\nID: RE/2006/page_31.pdf-2\n\nPrevious Text:\ndevelopment of prior year incurred losses was $ 135.6 million unfavorable in 2006 , $ 26.4 million favorable in 2005 and $ 249.4 million unfavorable in 2004 .\nsuch losses were the result of the reserve development noted above , as well as inher- ent uncertainty in establishing loss and lae reserves .\nreserves for asbestos and environmental losses and loss adjustment expenses as of year end 2006 , 7.4% ( 7.4 % ) of reserves reflect an estimate for the company 2019s ultimate liability for a&e claims for which ulti- mate value cannot be estimated using traditional reserving techniques .\nthe company 2019s a&e liabilities stem from mt .\nmckinley 2019s direct insurance business and everest re 2019s assumed reinsurance business .\nthere are significant uncertainties in estimating the amount of the company 2019s potential losses from a&e claims .\nsee item 7 , 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014asbestos and environmental exposures 201d and note 3 of notes to consolidated financial statements .\nmt .\nmckinley 2019s book of direct a&e exposed insurance is relatively small and homogenous .\nit also arises from a limited period , effective 1978 to 1984 .\nthe book is based principally on excess liability policies , thereby limiting exposure analysis to a lim- ited number of policies and forms .\nas a result of this focused structure , the company believes that it is able to comprehen- sively analyze its exposures , allowing it to identify , analyze and actively monitor those claims which have unusual exposure , including policies in which it may be exposed to pay expenses in addition to policy limits or non-products asbestos claims .\nthe company endeavors to be actively engaged with every insured account posing significant potential asbestos exposure to mt .\nmckinley .\nsuch engagement can take the form of pursuing a final settlement , negotiation , litigation , or the monitoring of claim activity under settlement in place ( 201csip 201d ) agreements .\nsip agreements generally condition an insurer 2019s payment upon the actual claim experience of the insured and may have annual payment caps or other measures to control the insurer 2019s payments .\nthe company 2019s mt .\nmckinley operation is currently managing eight sip agreements , three of which were executed prior to the acquisition of mt .\nmckinley in 2000 .\nthe company 2019s preference with respect to coverage settlements is to exe- cute settlements that call for a fixed schedule of payments , because such settlements eliminate future uncertainty .\nthe company has significantly enhanced its classification of insureds by exposure characteristics over time , as well as its analysis by insured for those it considers to be more exposed or active .\nthose insureds identified as relatively less exposed or active are subject to less rigorous , but still active management , with an emphasis on monitoring those characteristics , which may indicate an increasing exposure or levels of activity .\nthe company continually focuses on further enhancement of the detailed estimation processes used to evaluate potential exposure of policyholders , including those that may not have reported significant a&e losses .\neverest re 2019s book of assumed reinsurance is relatively concentrated within a modest number of a&e exposed relationships .\nit also arises from a limited period , effectively 1977 to 1984 .\nbecause the book of business is relatively concentrated and the company has been managing the a&e exposures for many years , its claim staff is familiar with the ceding companies that have generated most of these liabilities in the past and which are therefore most likely to generate future liabilities .\nthe company 2019s claim staff has developed familiarity both with the nature of the business written by its ceding companies and the claims handling and reserving practices of those companies .\nthis level of familiarity enhances the quality of the company 2019s analysis of its exposure through those companies .\nas a result , the company believes that it can identify those claims on which it has unusual exposure , such as non-products asbestos claims , for concentrated attention .\nhowever , in setting reserves for its reinsurance liabilities , the company relies on claims data supplied , both formally and informally by its ceding companies and brokers .\nthis furnished information is not always timely or accurate and can impact the accuracy and timeli- ness of the company 2019s ultimate loss projections .\nthe following table summarizes the composition of the company 2019s total reserves for a&e losses , gross and net of reinsurance , for the years ended december 31: .\n\nTable Data:\n[['( dollars in millions )', '2006', '2005', '2004'], ['case reserves reported by ceding companies', '$ 135.6', '$ 125.2', '$ 148.5'], ['additional case reserves established by the company ( assumed reinsurance ) ( 1 )', '152.1', '157.6', '151.3'], ['case reserves established by the company ( direct insurance )', '213.7', '243.5', '272.1'], ['incurred but not reported reserves', '148.7', '123.3', '156.4'], ['gross reserves', '650.1', '649.6', '728.3'], ['reinsurance receivable', '-138.7 ( 138.7 )', '-199.1 ( 199.1 )', '-221.6 ( 221.6 )'], ['net reserves', '$ 511.4', '$ 450.5', '$ 506.7']]\n\nFollowing Text:\n( 1 ) additional reserves are case specific reserves determined by the company to be needed over and above those reported by the ceding company .\n81790fin_a 4/13/07 11:08 am page 15 .\n\nQuestion: what is the growth rate in net reserves in 2005?",
        "solution": "-11.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_127.pdf\n\nID: MRO/2009/page_127.pdf-3\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements ( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .\nwe are the primary obligor under this lease .\nunder the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .\nthis lease is an amortizing financing with a final maturity of 2012 .\n( h ) these notes are senior secured notes of marathon oil canada corporation .\nthe notes are secured by substantially all of marathon oil canada corporation 2019s assets .\nin january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .\n( i ) these obligations as of december 31 , 2009 include $ 36 million related to assets under construction at that date for which a capital lease will commence upon completion of construction .\nthe amounts currently reported are based upon the percent of construction completed as of december 31 , 2009 and therefore do not reflect future minimum lease obligations of $ 164 million related to the asset .\n( j ) payments of long-term debt for the years 2010 - 2014 are $ 102 million , $ 246 million , $ 1492 million , $ 287 million and $ 802 million .\nunited steel is due to pay $ 17 million in 2010 , $ 161 million in 2011 , $ 19 million in 2012 , and $ 11 for year 2014 .\n( k ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 662 million at december 31 , 2009 , may be declared immediately due and payable .\n( l ) see note 16 for information on interest rate swaps .\n20 .\nasset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2009 2008 .\n\nTable Data:\n[['( in millions )', '2009', '2008'], ['asset retirement obligations as of january 1', '$ 965', '$ 1134'], ['liabilities incurred including acquisitions', '14', '30'], ['liabilities settled', '-65 ( 65 )', '-94 ( 94 )'], ['accretion expense ( included in depreciation depletion and amortization )', '64', '66'], ['revisions to previous estimates', '124', '24'], ['held for sale', '-', '-195 ( 195 )'], ['asset retirement obligations as of december 31 ( a )', '$ 1102', '$ 965']]\n\nFollowing Text:\nasset retirement obligations as of december 31 ( a ) $ 1102 $ 965 ( a ) includes asset retirement obligation of $ 3 and $ 2 million classified as short-term at december 31 , 2009 , and 2008. .\n\nQuestion: by what percentage did asset retirement obligations decrease from 2007 to 2008?",
        "solution": "-14.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VNO/2011/page_187.pdf\n\nID: VNO/2011/page_187.pdf-2\n\nPrevious Text:\nvornado realty trust notes to consolidated financial statements ( continued ) 17 .\nleases as lessor : we lease space to tenants under operating leases .\nmost of the leases provide for the payment of fixed base rentals payable monthly in advance .\noffice building leases generally require the tenants to reimburse us for operating costs and real estate taxes above their base year costs .\nshopping center leases provide for pass-through to tenants the tenant 2019s share of real estate taxes , insurance and maintenance .\nshopping center leases also provide for the payment by the lessee of additional rent based on a percentage of the tenants 2019 sales .\nas of december 31 , 2011 , future base rental revenue under non-cancelable operating leases , excluding rents for leases with an original term of less than one year and rents resulting from the exercise of renewal options , is as follows : ( amounts in thousands ) year ending december 31: .\n\nTable Data:\n[['2012', '$ 1807885'], ['2013', '1718403'], ['2014', '1609279'], ['2015', '1425804'], ['2016', '1232154'], ['thereafter', '6045584']]\n\nFollowing Text:\nthese amounts do not include percentage rentals based on tenants 2019 sales .\nthese percentage rents approximated $ 8482000 , $ 7912000 and $ 8394000 , for the years ended december 31 , 2011 , 2010 and 2009 , respectively .\nnone of our tenants accounted for more than 10% ( 10 % ) of total revenues in any of the years ended december 31 , 2011 , 2010 and 2009 .\nformer bradlees locations pursuant to a master agreement and guaranty , dated may 1 , 1992 , we are due $ 5000000 per annum of additional rent from stop & shop which was allocated to certain bradlees former locations .\non december 31 , 2002 , prior to the expiration of the leases to which the additional rent was allocated , we reallocated this rent to other former bradlees leases also guaranteed by stop & shop .\nstop & shop is contesting our right to reallocate and claims that we are no longer entitled to the additional rent .\non november 7 , 2011 , the court determined that we have a continuing right to allocate the annual rent to unexpired leases covered by the master agreement and guaranty and directed entry of a judgment in our favor ordering stop & shop to pay us the unpaid annual rent ( see note 20 2013 commitments and contingencies 2013 litigation ) .\nas of december 31 , 2011 , we have a $ 41983000 receivable from stop and shop. .\n\nQuestion: did future base rental revenue under non-cancelable operating leases , excluding rents for leases with an original term of less than one year and rents resulting from the exercise of renewal options , decrease from 2012 to 2013?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAP/2011/page_63.pdf\n\nID: AAP/2011/page_63.pdf-1\n\nPrevious Text:\nadvance auto parts , inc .\nand subsidiaries notes to the consolidated financial statements december 31 , 2011 , january 1 , 2011 and january 2 , 2010 ( in thousands , except per share data ) 2011-12 superseded certain pending paragraphs in asu 2011-05 201ccomprehensive income 2013 presentation of comprehensive income 201d to effectively defer only those changes in asu 2011-05 that related to the presentation of reclassification adjustments out of accumulated other comprehensive income .\nthe adoption of asu 2011-05 is not expected to have a material impact on the company 2019s consolidated financial condition , results of operations or cash flows .\nin january 2010 , the fasb issued asu no .\n2010-06 201cfair value measurements and disclosures 2013 improving disclosures about fair value measurements . 201d asu 2010-06 requires new disclosures for significant transfers in and out of level 1 and 2 of the fair value hierarchy and the activity within level 3 of the fair value hierarchy .\nthe updated guidance also clarifies existing disclosures regarding the level of disaggregation of assets or liabilities and the valuation techniques and inputs used to measure fair value .\nthe updated guidance is effective for interim and annual reporting periods beginning after december 15 , 2009 , with the exception of the new level 3 activity disclosures , which are effective for interim and annual reporting periods beginning after december 15 , 2010 .\nthe adoption of asu 2010-06 had no impact on the company 2019s consolidated financial condition , results of operations or cash flows .\n3 .\ninventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at december 31 , 2011 and january 1 , 2011 .\nunder lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2011 and prior years .\nas a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 due to an increase in supply chain costs and inflationary pressures affecting certain product categories .\nthe company recorded a reduction to cost of sales of $ 29554 and $ 16040 for fiscal 2010 and 2009 , respectively .\nprior to fiscal 2011 , the company 2019s overall costs to acquire inventory for the same or similar products generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .\nproduct cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( \"fifo\" ) method .\nproduct cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .\nbecause product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .\ninventory overhead costs purchasing and warehousing costs included in inventory , at fifo , at december 31 , 2011 and january 1 , 2011 , were $ 126840 and $ 103989 , respectively .\ninventory balance and inventory reserves inventory balances at year-end for fiscal 2011 and 2010 were as follows : inventories at fifo , net adjustments to state inventories at lifo inventories at lifo , net december 31 , $ 1941055 102103 $ 2043158 january 1 , $ 1737059 126811 $ 1863870 .\n\nTable Data:\n[['', 'december 312011', 'january 12011'], ['inventories at fifo net', '$ 1941055', '$ 1737059'], ['adjustments to state inventories at lifo', '102103', '126811'], ['inventories at lifo net', '$ 2043158', '$ 1863870']]\n\nFollowing Text:\nadvance auto parts , inc .\nand subsidiaries notes to the consolidated financial statements december 31 , 2011 , january 1 , 2011 and january 2 , 2010 ( in thousands , except per share data ) 2011-12 superseded certain pending paragraphs in asu 2011-05 201ccomprehensive income 2013 presentation of comprehensive income 201d to effectively defer only those changes in asu 2011-05 that related to the presentation of reclassification adjustments out of accumulated other comprehensive income .\nthe adoption of asu 2011-05 is not expected to have a material impact on the company 2019s consolidated financial condition , results of operations or cash flows .\nin january 2010 , the fasb issued asu no .\n2010-06 201cfair value measurements and disclosures 2013 improving disclosures about fair value measurements . 201d asu 2010-06 requires new disclosures for significant transfers in and out of level 1 and 2 of the fair value hierarchy and the activity within level 3 of the fair value hierarchy .\nthe updated guidance also clarifies existing disclosures regarding the level of disaggregation of assets or liabilities and the valuation techniques and inputs used to measure fair value .\nthe updated guidance is effective for interim and annual reporting periods beginning after december 15 , 2009 , with the exception of the new level 3 activity disclosures , which are effective for interim and annual reporting periods beginning after december 15 , 2010 .\nthe adoption of asu 2010-06 had no impact on the company 2019s consolidated financial condition , results of operations or cash flows .\n3 .\ninventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at december 31 , 2011 and january 1 , 2011 .\nunder lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2011 and prior years .\nas a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 due to an increase in supply chain costs and inflationary pressures affecting certain product categories .\nthe company recorded a reduction to cost of sales of $ 29554 and $ 16040 for fiscal 2010 and 2009 , respectively .\nprior to fiscal 2011 , the company 2019s overall costs to acquire inventory for the same or similar products generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .\nproduct cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( \"fifo\" ) method .\nproduct cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .\nbecause product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .\ninventory overhead costs purchasing and warehousing costs included in inventory , at fifo , at december 31 , 2011 and january 1 , 2011 , were $ 126840 and $ 103989 , respectively .\ninventory balance and inventory reserves inventory balances at year-end for fiscal 2011 and 2010 were as follows : inventories at fifo , net adjustments to state inventories at lifo inventories at lifo , net december 31 , $ 1941055 102103 $ 2043158 january 1 , $ 1737059 126811 $ 1863870 .\n\nQuestion: how is the cashflow from operations affected by the change in inventories at fifo net?",
        "solution": "-203996"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2013/page_91.pdf\n\nID: GS/2013/page_91.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis we believe our credit ratings are primarily based on the credit rating agencies 2019 assessment of : 2030 our liquidity , market , credit and operational risk management practices ; 2030 the level and variability of our earnings ; 2030 our capital base ; 2030 our franchise , reputation and management ; 2030 our corporate governance ; and 2030 the external operating environment , including the assumed level of government support .\ncertain of the firm 2019s derivatives have been transacted under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings .\nwe assess the impact of these bilateral agreements by determining the collateral or termination payments that would occur assuming a downgrade by all rating agencies .\na downgrade by any one rating agency , depending on the agency 2019s relative ratings of the firm at the time of the downgrade , may have an impact which is comparable to the impact of a downgrade by all rating agencies .\nwe allocate a portion of our gce to ensure we would be able to make the additional collateral or termination payments that may be required in the event of a two-notch reduction in our long-term credit ratings , as well as collateral that has not been called by counterparties , but is available to them .\nthe table below presents the additional collateral or termination payments related to our net derivative liabilities under bilateral agreements that could have been called at the reporting date by counterparties in the event of a one-notch and two-notch downgrade in our credit ratings. .\n\nTable Data:\n[['in millions', 'as of december 2013', 'as of december 2012'], ['additional collateral or termination payments for a one-notch downgrade', '$ 911', '$ 1534'], ['additional collateral or termination payments for a two-notch downgrade', '2989', '2500']]\n\nFollowing Text:\nin millions 2013 2012 additional collateral or termination payments for a one-notch downgrade $ 911 $ 1534 additional collateral or termination payments for a two-notch downgrade 2989 2500 cash flows as a global financial institution , our cash flows are complex and bear little relation to our net earnings and net assets .\nconsequently , we believe that traditional cash flow analysis is less meaningful in evaluating our liquidity position than the excess liquidity and asset-liability management policies described above .\ncash flow analysis may , however , be helpful in highlighting certain macro trends and strategic initiatives in our businesses .\nyear ended december 2013 .\nour cash and cash equivalents decreased by $ 11.54 billion to $ 61.13 billion at the end of 2013 .\nwe generated $ 4.54 billion in net cash from operating activities .\nwe used net cash of $ 16.08 billion for investing and financing activities , primarily to fund loans held for investment and repurchases of common stock .\nyear ended december 2012 .\nour cash and cash equivalents increased by $ 16.66 billion to $ 72.67 billion at the end of 2012 .\nwe generated $ 9.14 billion in net cash from operating and investing activities .\nwe generated $ 7.52 billion in net cash from financing activities from an increase in bank deposits , partially offset by net repayments of unsecured and secured long-term borrowings .\nyear ended december 2011 .\nour cash and cash equivalents increased by $ 16.22 billion to $ 56.01 billion at the end of 2011 .\nwe generated $ 23.13 billion in net cash from operating and investing activities .\nwe used net cash of $ 6.91 billion for financing activities , primarily for repurchases of our series g preferred stock and common stock , partially offset by an increase in bank deposits .\ngoldman sachs 2013 annual report 89 .\n\nQuestion: what is the difference in millions , between additional collateral or termination payments for a two-notch downgrade and additional collateral or termination payments for a one-notch downgrade at the end of december 2012?",
        "solution": "966"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_55.pdf\n\nID: LMT/2015/page_55.pdf-4\n\nPrevious Text:\n$ 15 million for fire control programs due to increased deliveries ( primarily apache ) , partially offset by lower risk retirements ( primarily sniper ae ) .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 95 million lower for 2014 compared to 2013 .\nbacklog backlog increased in 2015 compared to 2014 primarily due to higher orders on pac-3 , lantirn/sniper and certain tactical missile programs , partially offset by lower orders on thaad .\nbacklog decreased in 2014 compared to 2013 primarily due to lower orders on thaad and fire control systems programs , partially offset by higher orders on certain tactical missile programs and pac-3 .\ntrends we expect mfc 2019s net sales to be flat or experience a slight decline in 2016 as compared to 2015 .\noperating profit is expected to decrease by approximately 20 percent , driven by contract mix and fewer risk retirements in 2016 compared to 2015 .\naccordingly , operating profit margin is expected to decline from 2015 levels .\nmission systems and training as previously described , on november 6 , 2015 , we acquired sikorsky and aligned the sikorsky business under our mst business segment .\nthe results of the acquired sikorsky business have been included in our financial results from the november 6 , 2015 acquisition date through december 31 , 2015 .\nas a result , our consolidated operating results and mst business segment operating results for the year ended december 31 , 2015 do not reflect a full year of sikorsky operations .\nour mst business segment provides design , manufacture , service and support for a variety of military and civil helicopters , ship and submarine mission and combat systems ; mission systems and sensors for rotary and fixed-wing aircraft ; sea and land-based missile defense systems ; radar systems ; the littoral combat ship ( lcs ) ; simulation and training services ; and unmanned systems and technologies .\nin addition , mst supports the needs of customers in cybersecurity and delivers communication and command and control capabilities through complex mission solutions for defense applications .\nmst 2019s major programs include black hawk and seahawk helicopters , aegis combat system ( aegis ) , lcs , space fence , advanced hawkeye radar system , and tpq-53 radar system .\nmst 2019s operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['net sales', '$ 9091', '$ 8732', '$ 9037'], ['operating profit', '844', '936', '1065'], ['operating margins', '9.3% ( 9.3 % )', '10.7% ( 10.7 % )', '11.8% ( 11.8 % )'], ['backlog at year-end', '$ 30100', '$ 13300', '$ 12600']]\n\nFollowing Text:\n2015 compared to 2014 mst 2019s net sales in 2015 increased $ 359 million , or 4% ( 4 % ) , compared to 2014 .\nthe increase was attributable to net sales of approximately $ 400 million from sikorsky , net of adjustments required to account for the acquisition of this business in the fourth quarter of 2015 ; and approximately $ 220 million for integrated warfare systems and sensors programs , primarily due to the ramp-up of recently awarded programs ( space fence ) .\nthese increases were partially offset by lower net sales of approximately $ 150 million for undersea systems programs due to decreased volume as a result of in-theater force reductions ( primarily persistent threat detection system ) ; and approximately $ 105 million for ship and aviation systems programs primarily due to decreased volume ( merlin capability sustainment program ) .\nmst 2019s operating profit in 2015 decreased $ 92 million , or 10% ( 10 % ) , compared to 2014 .\noperating profit decreased by approximately $ 75 million due to performance matters on an international program ; approximately $ 45 million for sikorsky due primarily to intangible amortization and adjustments required to account for the acquisition of this business in the fourth quarter of 2015 ; and approximately $ 15 million for integrated warfare systems and sensors programs , primarily due to investments made in connection with a recently awarded next generation radar technology program , partially offset by higher risk retirements ( including halifax class modernization ) .\nthese decreases were partially offset by approximately $ 20 million in increased operating profit for training and logistics services programs , primarily due to reserves recorded on certain programs in 2014 that were not repeated in 2015 .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 100 million lower in 2015 compared to 2014. .\n\nQuestion: what were average net sales for mst in millions from 2013 to 2015?",
        "solution": "8953"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2015/page_131.pdf\n\nID: AAL/2015/page_131.pdf-1\n\nPrevious Text:\ntable of contents notes to consolidated financial statements of american airlines group inc .\nsecured financings are collateralized by assets , primarily aircraft , engines , simulators , rotable aircraft parts , airport leasehold rights , route authorities and airport slots .\nat december 31 , 2015 , the company was operating 35 aircraft under capital leases .\nleases can generally be renewed at rates based on fair market value at the end of the lease term for a number of additional years .\nat december 31 , 2015 , the maturities of long-term debt and capital lease obligations are as follows ( in millions ) : .\n\nTable Data:\n[['2016', '$ 2266'], ['2017', '1598'], ['2018', '2134'], ['2019', '3378'], ['2020', '3587'], ['2021 and thereafter', '7844'], ['total', '$ 20807']]\n\nFollowing Text:\n( a ) 2013 credit facilities on june 27 , 2013 , american and aag entered into a credit and guaranty agreement ( as amended , restated , amended and restated or otherwise modified , the 2013 credit agreement ) with deutsche bank ag new york branch , as administrative agent , and certain lenders that originally provided for a $ 1.9 billion term loan facility scheduled to mature on june 27 , 2019 ( the 2013 term loan facility ) and a $ 1.0 billion revolving credit facility scheduled to mature on june 27 , 2018 ( the 2013 revolving facility ) .\nthe maturity of the term loan facility was subsequently extended to june 2020 and the revolving credit facility commitments were subsequently increased to $ 1.4 billion with an extended maturity date of october 10 , 2020 , all of which is further described below .\non may 21 , 2015 , american amended and restated the 2013 credit agreement pursuant to which it refinanced the 2013 term loan facility ( the $ 1.9 billion 2015 term loan facility and , together with the 2013 revolving facility , the 2013 credit facilities ) to extend the maturity date to june 2020 and reduce the libor margin from 3.00% ( 3.00 % ) to 2.75% ( 2.75 % ) .\nin addition , american entered into certain amendments to reflect the ability for american to make future modifications to the collateral pledged , subject to certain restrictions .\nthe $ 1.9 billion 2015 term loan facility is repayable in annual installments , with the first installment in an amount equal to 1.25% ( 1.25 % ) of the principal amount commencing on june 27 , 2016 and installments thereafter , in an amount equal to 1.0% ( 1.0 % ) of the principal amount , with any unpaid balance due on the maturity date .\nas of december 31 , 2015 , $ 1.9 billion of principal was outstanding under the $ 1.9 billion 2015 term loan facility .\nvoluntary prepayments may be made by american at any time .\non october 10 , 2014 , american and aag amended the 2013 credit agreement to extend the maturity date of the 2013 revolving facility to october 10 , 2019 and increased the commitments thereunder to an aggregate principal amount of $ 1.4 billion while reducing the letter of credit commitments thereunder to $ 300 million .\non october 26 , 2015 , american , aag , us airways group and us airways amended the 2013 credit agreement to extend the maturity date of the 2013 revolving facility to october 10 , 2020 .\nthe 2013 revolving facility provides that american may from time to time borrow , repay and reborrow loans thereunder and have letters of credit issued thereunder .\nas of december 31 , 2015 , there were no borrowings or letters of credit outstanding under the 2013 revolving facility .\nthe 2013 credit facilities bear interest at an index rate plus an applicable index margin or , at american 2019s option , libor ( subject to a floor of 0.75% ( 0.75 % ) , with respect to the $ 1.9 billion 2015 term loan facility ) plus a libor margin of 3.00% ( 3.00 % ) with respect to the 2013 revolving facility and 2.75% ( 2.75 % ) with respect to the $ 1.9 billion 2015 term loan facility ; provided that american 2019s corporate credit rating is ba3 or higher from moody 2019s and bb- or higher from s&p , the applicable libor margin would be 2.50% ( 2.50 % ) for the $ 1.9 billion 2015 term loan .\n\nQuestion: what is the amount of the first installment of the 19 billion 2015 term loan facility payable on june 27 , 2016 in billions",
        "solution": "0.024"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2012/page_54.pdf\n\nID: DISCA/2012/page_54.pdf-2\n\nPrevious Text:\nstock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , news corporation class a common stock , scripps network interactive , inc. , time warner , inc. , viacom , inc .\nclass b common stock and the walt disney company .\nthe graph assumes $ 100 originally invested on september 18 , 2008 , the date upon which our common stock began trading , in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the period september 18 , 2008 through december 31 , 2008 and the years ended december 31 , 2009 , 2010 , 2011 , and 2012 .\ndecember 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['', 'december 312008', 'december 312009', 'december 312010', 'december 312011', 'december 312012'], ['disca', '$ 102.53', '$ 222.09', '$ 301.96', '$ 296.67', '$ 459.67'], ['discb', '$ 78.53', '$ 162.82', '$ 225.95', '$ 217.56', '$ 327.11'], ['disck', '$ 83.69', '$ 165.75', '$ 229.31', '$ 235.63', '$ 365.63'], ['s&p 500', '$ 74.86', '$ 92.42', '$ 104.24', '$ 104.23', '$ 118.21'], ['peer group', '$ 68.79', '$ 100.70', '$ 121.35', '$ 138.19', '$ 190.58']]\n\nFollowing Text:\nequity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2013 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .\n\nQuestion: by what percent did the c series outperform the s&p 500 over 5 years?",
        "solution": "209%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2009/page_36.pdf\n\nID: IP/2009/page_36.pdf-1\n\nPrevious Text:\nmill in the fourth quarter of 2008 .\nthis compares with 635000 tons of total downtime in 2008 of which 305000 tons were lack-of-order downtime .\nprinting papers in millions 2009 2008 2007 .\n\nTable Data:\n[['in millions', '2009', '2008', '2007'], ['sales', '$ 5680', '$ 6810', '$ 6530'], ['operating profit', '1091', '474', '839']]\n\nFollowing Text:\nnorth american printing papers net sales in 2009 were $ 2.8 billion compared with $ 3.4 billion in 2008 and $ 3.5 billion in 2007 .\noperating earnings in 2009 were $ 746 million ( $ 307 million excluding alter- native fuel mixture credits and plant closure costs ) compared with $ 405 million ( $ 435 million excluding shutdown costs for a paper machine ) in 2008 and $ 415 million in 2007 .\nsales volumes decreased sig- nificantly in 2009 compared with 2008 reflecting weak customer demand and reduced production capacity resulting from the shutdown of a paper machine at the franklin mill in december 2008 and the conversion of the bastrop mill to pulp production in june 2008 .\naverage sales price realizations were lower reflecting slight declines for uncoated freesheet paper in domestic markets and significant declines in export markets .\nmargins were also unfavorably affected by a higher proportion of shipments to lower-margin export markets .\ninput costs , however , were favorable due to lower wood and chemical costs and sig- nificantly lower energy costs .\nfreight costs were also lower .\nplanned maintenance downtime costs in 2009 were comparable with 2008 .\noperating costs were favorable , reflecting cost control efforts and strong machine performance .\nlack-of-order downtime increased to 525000 tons in 2009 , including 120000 tons related to the shutdown of a paper machine at our franklin mill in the 2008 fourth quarter , from 135000 tons in 2008 .\noperating earnings in 2009 included $ 671 million of alternative fuel mixture cred- its , $ 223 million of costs associated with the shutdown of our franklin mill and $ 9 million of other shutdown costs , while operating earnings in 2008 included $ 30 million of costs for the shutdown of a paper machine at our franklin mill .\nlooking ahead to 2010 , first-quarter sales volumes are expected to increase slightly from fourth-quarter 2009 levels .\naverage sales price realizations should be higher , reflecting the full-quarter impact of sales price increases announced in the fourth quarter for converting and envelope grades of uncoated free- sheet paper and an increase in prices to export markets .\nhowever , input costs for wood , energy and chemicals are expected to continue to increase .\nplanned maintenance downtime costs should be lower and operating costs should be favorable .\nbrazil ian papers net sales for 2009 of $ 960 mil- lion increased from $ 950 million in 2008 and $ 850 million in 2007 .\noperating profits for 2009 were $ 112 million compared with $ 186 million in 2008 and $ 174 million in 2007 .\nsales volumes increased in 2009 compared with 2008 for both paper and pulp reflect- ing higher export shipments .\naverage sales price realizations were lower due to strong competitive pressures in the brazilian domestic market in the second half of the year , lower export prices and unfavorable foreign exchange rates .\nmargins were unfavorably affected by a higher proportion of lower margin export sales .\ninput costs for wood and chem- icals were favorable , but these benefits were partially offset by higher energy costs .\nplanned maintenance downtime costs were lower , and operating costs were also favorable .\nearnings in 2009 were adversely impacted by unfavorable foreign exchange effects .\nentering 2010 , sales volumes are expected to be seasonally lower compared with the fourth quarter of 2009 .\nprofit margins are expected to be slightly higher reflecting a more favorable geographic sales mix and improving sales price realizations in export markets , partially offset by higher planned main- tenance outage costs .\neuropean papers net sales in 2009 were $ 1.3 bil- lion compared with $ 1.7 billion in 2008 and $ 1.5 bil- lion in 2007 .\noperating profits in 2009 of $ 92 million ( $ 115 million excluding expenses associated with the closure of the inverurie mill ) compared with $ 39 mil- lion ( $ 146 million excluding a charge to reduce the carrying value of the fixed assets at the inverurie , scotland mill to their estimated realizable value ) in 2008 and $ 171 million in 2007 .\nsales volumes in 2009 were lower than in 2008 primarily due to reduced sales of uncoated freesheet paper following the closure of the inverurie mill in 2009 .\naverage sales price realizations decreased significantly in 2009 across most of western europe , but margins increased in poland and russia reflecting the effect of local currency devaluations .\ninput costs were favorable as lower wood costs , particularly in russia , were only partially offset by higher energy costs in poland and higher chemical costs .\nplanned main- tenance downtime costs were higher in 2009 than in 2008 , while manufacturing operating costs were lower .\noperating profits in 2009 also reflect favorable foreign exchange impacts .\nlooking ahead to 2010 , sales volumes are expected to decline from strong 2009 fourth-quarter levels despite solid customer demand .\naverage sales price realizations are expected to increase over the quar- ter , primarily in eastern europe , as price increases .\n\nQuestion: north american printing papers net sales where what percent of total printing paper sales in 2009?",
        "solution": "49%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2014/page_64.pdf\n\nID: AMT/2014/page_64.pdf-2\n\nPrevious Text:\nrental and management operations new site revenue growth .\nduring the year ended december 31 , 2014 , we grew our portfolio of communications real estate through the acquisition and construction of approximately 8450 sites .\nin a majority of our international markets , the acquisition or construction of new sites results in increased pass-through revenues ( such as ground rent or power and fuel costs ) and expenses .\nwe continue to evaluate opportunities to acquire communications real estate portfolios , both domestically and internationally , to determine whether they meet our risk-adjusted hurdle rates and whether we believe we can effectively integrate them into our existing portfolio. .\n\nTable Data:\n[['new sites ( acquired or constructed )', '2014', '2013', '2012'], ['domestic', '900', '5260', '960'], ['international ( 1 )', '7550', '7810', '7850']]\n\nFollowing Text:\n( 1 ) the majority of sites acquired or constructed in 2014 were in brazil , india and mexico ; in 2013 were in brazil , colombia , costa rica , india , mexico and south africa ; and in 2012 were in brazil , germany , india and uganda .\nrental and management operations expenses .\ndirect operating expenses incurred by our domestic and international rental and management segments include direct site level expenses and consist primarily of ground rent and power and fuel costs , some of which may be passed through to our tenants , as well as property taxes , repairs and maintenance .\nthese segment direct operating expenses exclude all segment and corporate selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense in our consolidated statements of operations .\nin general , our domestic and international rental and management segments 2019 selling , general , administrative and development expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .\nas a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .\nwe may , however , incur additional segment selling , general , administrative and development expenses as we increase our presence in geographic areas where we have recently launched operations or are focused on expanding our portfolio .\nour profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .\nnetwork development services segment revenue growth .\nas we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .\nnon-gaap financial measures included in our analysis of our results of operations are discussions regarding earnings before interest , taxes , depreciation , amortization and accretion , as adjusted ( 201cadjusted ebitda 201d ) , funds from operations , as defined by the national association of real estate investment trusts ( 201cnareit ffo 201d ) and adjusted funds from operations ( 201caffo 201d ) .\nwe define adjusted ebitda as net income before income ( loss ) on discontinued operations , net ; income ( loss ) on equity method investments ; income tax benefit ( provision ) ; other income ( expense ) ; gain ( loss ) on retirement of long-term obligations ; interest expense ; interest income ; other operating income ( expense ) ; depreciation , amortization and accretion ; and stock-based compensation expense .\nnareit ffo is defined as net income before gains or losses from the sale or disposal of real estate , real estate related impairment charges , real estate related depreciation , amortization and accretion and dividends declared on preferred stock , and including adjustments for ( i ) unconsolidated affiliates and ( ii ) noncontrolling interest. .\n\nQuestion: how many new sites were in the us during 2012 to 2014?\\\\n",
        "solution": "7120"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETFC/2015/page_27.pdf\n\nID: ETFC/2015/page_27.pdf-3\n\nPrevious Text:\ntable of contents performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor ( \"s&p\" ) 500 index and the dow jones us financials index during the period from december 31 , 2010 through december 31 , 2015. .\n\nTable Data:\n[['', '12/10', '12/11', '12/12', '12/13', '12/14', '12/15'], ['e*trade financial corporation', '100.00', '49.75', '55.94', '122.75', '151.59', '185.25'], ['s&p 500 index', '100.00', '102.11', '118.45', '156.82', '178.29', '180.75'], ['dow jones us financials index', '100.00', '87.16', '110.56', '148.39', '170.04', '170.19']]\n\nFollowing Text:\n.\n\nQuestion: as of the 12/2014 what was the ratio of the cumulative total return to a holder of the company 2019s common stocke*trade financial corporation to s&p 500 index",
        "solution": "0.85"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2006/page_124.pdf\n\nID: CE/2006/page_124.pdf-1\n\nPrevious Text:\n2022 designate subsidiaries as unrestricted subsidiaries ; and 2022 sell certain assets or merge with or into other companies .\nsubject to certain exceptions , the indentures governing the senior subordinated notes and the senior discount notes permit the issuers of the notes and their restricted subsidiaries to incur additional indebtedness , including secured indebtedness .\nin addition , the senior credit facilities require bcp crystal to maintain the following financial covenants : a maximum total leverage ratio , a maximum bank debt leverage ratio , a minimum interest coverage ratio and maximum capital expenditures limitation .\nthe maximum consolidated net bank debt to adjusted ebitda ratio , as defined , previously required under the senior credit facilities , was eliminated when the company amended the facilities in january 2005 .\nas of december 31 , 2006 , the company was in compliance with all of the financial covenants related to its debt agreements .\nprincipal payments scheduled to be made on the company 2019s debt , including short term borrowings , is as follows : ( in $ millions ) .\n\nTable Data:\n[['', 'total ( in $ millions )'], ['2007', '309'], ['2008', '25'], ['2009', '50'], ['2010', '39'], ['2011', '1485'], ['thereafter ( 1 )', '1590'], ['total', '3498']]\n\nFollowing Text:\n( 1 ) includes $ 2 million purchase accounting adjustment to assumed debt .\n17 .\nbenefit obligations pension obligations .\npension obligations are established for benefits payable in the form of retirement , disability and surviving dependent pensions .\nthe benefits offered vary according to the legal , fiscal and economic conditions of each country .\nthe commitments result from participation in defined contribution and defined benefit plans , primarily in the u.s .\nbenefits are dependent on years of service and the employee 2019s compensation .\nsupplemental retirement benefits provided to certain employees are non-qualified for u.s .\ntax purposes .\nseparate trusts have been established for some non-qualified plans .\nthe company sponsors defined benefit pension plans in north america , europe and asia .\nas of december 31 , 2006 , the company 2019s u.s .\nqualified pension plan represented greater than 84% ( 84 % ) and 76% ( 76 % ) of celanese 2019s pension plan assets and liabilities , respectively .\nindependent trusts or insurance companies administer the majority of these plans .\npension costs under the company 2019s retirement plans are actuarially determined .\nthe company sponsors various defined contribution plans in north america , europe , and asia covering certain employees .\nemployees may contribute to these plans and the company will match these contributions in varying amounts .\nthe company 2019s matching contribution to the defined contribution plans are based on specified percentages of employee contributions and aggregated $ 11 million , $ 12 million , $ 8 million and $ 3 million for the years ended december 31 , 2006 and 2005 , the nine months ended december 31 , 2004 and the three months ended march 31 , 2004 , respectively .\ncelanese corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the percent of the principal payments scheduled after 2011 to the total amount",
        "solution": "45.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2008/page_131.pdf\n\nID: RSG/2008/page_131.pdf-2\n\nPrevious Text:\nin july 2006 , the fasb issued fin 48 which clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the financial statements .\nfin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods and transition , and required expanded disclosure with respect to the uncertainty in income taxes .\nwe adopted the provisions of fin 48 effective january 1 , 2007 .\na reconciliation of the beginning and ending amount of gross unrecognized tax benefits for the years ended december 31 is as follows ( in millions ) : .\n\nTable Data:\n[['', '2008', '2007'], ['balance at beginning of year', '$ 23.2', '$ 56.4'], ['additions due to acquisition of allied', '582.9', '2014'], ['additions based on tax positions related to current year', '10.6', '16.3'], ['reductions for tax positions related to the current year', '-5.1 ( 5.1 )', '-17.2 ( 17.2 )'], ['additions for tax positions of prior years', '2.0', '2.0'], ['reductions for tax positions of prior years', '-1.3 ( 1.3 )', '-12.3 ( 12.3 )'], ['reductions for tax positions resulting from lapse of statute of limitations', '-.4 ( .4 )', '-.4 ( .4 )'], ['settlements', '2014', '-21.6 ( 21.6 )'], ['balance at end of year', '$ 611.9', '$ 23.2']]\n\nFollowing Text:\nincluded in the balance at december 31 , 2008 and 2007 are approximately $ 461.0 million and $ 7.7 million , respectively , of unrecognized tax benefits ( net of the federal benefit on state issues ) that , if recognized , would affect the effective income tax rate in future periods .\nsfas 141 ( r ) is effective for financial statements issued for fiscal years beginning after december 15 , 2008 .\nsfas 141 ( r ) significantly changes the treatment of acquired uncertain tax liabilities .\nunder sfas 141 , changes in acquired uncertain tax liabilities were recognized through goodwill .\nunder sfas 141 ( r ) , changes in acquired unrecognized tax liabilities are recognized through the income tax provision .\nas of december 31 , 2008 , $ 582.9 million of the $ 611.9 million of unrecognized tax benefits related to tax positions allied had taken prior to the merger .\nof the $ 582.9 million of acquired unrecognized benefits , $ 449.6 million , if recognized in the income tax provision , would affect our effective tax rate .\nwe recognize interest and penalties as incurred within the provision for income taxes in the consolidated statements of income .\nrelated to the unrecognized tax benefits noted above , we accrued penalties of $ .2 million and interest of $ 5.2 million during 2008 , and , in total as of december 31 , 2008 , have recognized a liability for penalties of $ 88.1 million and interest of $ 180.0 million .\nduring 2007 , we accrued interest of $ .9 million and , in total as of december 31 , 2007 , had recognized a liability for penalties and interest of $ 5.5 million .\ngross unrecognized tax benefits that we expect to settle in the following twelve months are in the range of $ 10.0 million to $ 20.0 million .\nit is reasonably possible that the amount of unrecognized tax benefits will increase or decrease in the next twelve months .\nwe and our subsidiaries are subject to income tax in the u.s .\nand puerto rico , as well as income tax in multiple state jurisdictions .\nwe have acquired allied 2019s open tax periods as part of the acquisition .\nallied is currently under examination or administrative review by various state and federal taxing authorities for certain tax years , including federal income tax audits for calendar years 2000 through 2006 .\nwe are also engaged in tax litigation related to our risk management companies which are subsidiaries of allied .\nthese matters are further discussed below .\nwe are subject to various federal , foreign , state and local tax rules and regulations .\nour compliance with such rules and regulations is periodically audited by tax authorities .\nthese authorities may challenge the republic services , inc .\nand subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 123000000 ***%%pcmsg|121 |00050|yes|no|03/01/2009 18:23|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: as of december 312008 what was the percent of the unrecognized tax benefits related to tax positions allied had taken prior to the merger .",
        "solution": "95.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_438.pdf\n\nID: ETR/2008/page_438.pdf-1\n\nPrevious Text:\nafter reviewing earnings per share and operating cash flow results against the performance objectives in the above table , the personnel committee set the entergy achievement multiplier at 140% ( 140 % ) of target .\nunder the terms of the executive incentive plan , the entergy achievement multiplier is automatically increased by 25 percent for the members of the office of the chief executive ( including mr .\ndenault and mr .\nsmith , but not the other named executive officers ) , subject to the personnel committee's discretion to adjust the automatic multiplier downward or eliminate it altogether .\nin accordance with section 162 ( m ) of the internal revenue code , the multiplier which entergy refers to as the management effectiveness factor is intended to provide the committee , through the exercise of negative discretion , a mechanism to take into consideration the specific achievement factors relating to the overall performance of entergy corporation .\nin january 2009 , the committee exercised its negative discretion to eliminate the management effectiveness factor , reflecting the personnel committee's determination that the entergy achievement multiplier , in and of itself without the management effectiveness factor , was consistent with the performance levels achieved by management .\nthe annual incentive award for the named executive officers ( other than mr .\nleonard , mr .\ndenault and mr .\nsmith ) is awarded from an incentive pool approved by the committee .\nfrom this pool , each named executive officer's supervisor determines the annual incentive payment based on the entergy achievement multiplier .\nthe supervisor has the discretion to increase or decrease the multiple used to determine an incentive award based on individual and business unit performance .\nthe incentive awards are subject to the ultimate approval of entergy's chief executive officer .\nthe following table shows the executive and management incentive plans payments as a percentage of base salary for 2008 : named exeutive officer target percentage base salary 2008 annual incentive award .\n\nTable Data:\n[['named exeutive officer', 'target', 'percentage base salary', '2008 annual incentive award'], ['j . wayne leonard', '120% ( 120 % )', '168% ( 168 % )', '$ 2169720'], ['leo p . denault', '70% ( 70 % )', '98% ( 98 % )', '$ 617400'], ['richard j . smith', '70% ( 70 % )', '98% ( 98 % )', '$ 632100'], ['e . renae conley', '60% ( 60 % )', '102% ( 102 % )', '$ 415000'], ['hugh t . mcdonald', '50% ( 50 % )', '50% ( 50 % )', '$ 160500'], ['joseph f . domino', '50% ( 50 % )', '72% ( 72 % )', '$ 230000'], ['roderick k . west', '40% ( 40 % )', '80% ( 80 % )', '$ 252000'], ['haley fisackerly', '40% ( 40 % )', '46% ( 46 % )', '$ 125700'], ['theodore h . bunting jr .', '60% ( 60 % )', '117% ( 117 % )', '$ 400023'], ['carolyn shanks', '50% ( 50 % )', '72% ( 72 % )', '$ 229134'], ['jay a . lewis', '40% ( 40 % )', '60% ( 60 % )', '$ 128505']]\n\nFollowing Text:\nwhile ms .\nshanks and mr .\nlewis are no longer ceo-entergy mississippi and principal financial officer for the subsidiaries , respectively , ms .\nshanks continues to participate in the executive incentive plan , and mr .\nlewis continues to participate in the management incentive plan as they remain employees of entergy since the contemplated enexus separation has not occurred and enexus remains a subsidiary of entergy .\nnuclear retention plan some of entergy's executives , but not any of the named executive officers , participate in a special retention plan for officers and other leaders with special expertise in the nuclear industry .\nthe committee authorized the plan to attract and retain management talent in the nuclear power field , a field which requires unique technical and other expertise that is in great demand in the utility industry .\nthe plan provides for bonuses to be paid over a three-year employment period .\nsubject to continued employment with a participating company , a participating employee is eligible to receive a special cash bonus consisting of three payments , each consisting of an amount from 15% ( 15 % ) to 30% ( 30 % ) of such participant's base salary. .\n\nQuestion: what is the difference of annual incentive award between the highest and the lowest award?",
        "solution": "2044020"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2009/page_78.pdf\n\nID: RSG/2009/page_78.pdf-1\n\nPrevious Text:\nfailure to comply with the financial and other covenants under our credit facilities , as well as the occurrence of certain material adverse events , would constitute defaults and would allow the lenders under our credit facilities to accelerate the maturity of all indebtedness under the related agreements .\nthis could also have an adverse impact on the availability of financial assurances .\nin addition , maturity acceleration on our credit facilities constitutes an event of default under our other debt instruments , including our senior notes , and , therefore , our senior notes would also be subject to acceleration of maturity .\nif such acceleration were to occur , we would not have sufficient liquidity available to repay the indebtedness .\nwe would likely have to seek an amendment under our credit facilities for relief from the financial covenants or repay the debt with proceeds from the issuance of new debt or equity , or asset sales , if necessary .\nwe may be unable to amend our credit facilities or raise sufficient capital to repay such obligations in the event the maturities are accelerated .\nfinancial assurance we are required to provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts .\nwe satisfy these financial assurance requirements by providing surety bonds , letters of credit , insurance policies or trust deposits .\nthe amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations .\nthe financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill .\ngenerally , states will require a third-party engineering specialist to determine the estimated capping , closure and post- closure costs that are used to determine the required amount of financial assurance for a landfill .\nthe amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s .\ngaap .\nthe amount of the financial assurance requirements related to contract performance varies by contract .\nadditionally , we are required to provide financial assurance for our insurance program and collateral for certain performance obligations .\nwe do not expect a material increase in financial assurance requirements during 2010 , although the mix of financial assurance instruments may change .\nthese financial instruments are issued in the normal course of business and are not debt of our company .\nsince we currently have no liability for these financial assurance instruments , they are not reflected in our consolidated balance sheets .\nhowever , we record capping , closure and post-closure liabilities and self-insurance liabilities as they are incurred .\nthe underlying obligations of the financial assurance instruments , in excess of those already reflected in our consolidated balance sheets , would be recorded if it is probable that we would be unable to fulfill our related obligations .\nwe do not expect this to occur .\noff-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than financial assurance instruments and operating leases that are not classified as debt .\nwe do not guarantee any third-party debt .\nfree cash flow we define free cash flow , which is not a measure determined in accordance with u.s .\ngaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment as presented in our consolidated statements of cash flows .\nour free cash flow for the years ended december 31 , 2009 , 2008 and 2007 is calculated as follows ( in millions ) : .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['cash provided by operating activities', '$ 1396.5', '$ 512.2', '$ 661.3'], ['purchases of property and equipment', '-826.3 ( 826.3 )', '-386.9 ( 386.9 )', '-292.5 ( 292.5 )'], ['proceeds from sales of property and equipment', '31.8', '8.2', '6.1'], ['free cash flow', '$ 602.0', '$ 133.5', '$ 374.9']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in the free cash flow from 2008 to 2009 in millions",
        "solution": "468.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2013/page_52.pdf\n\nID: GS/2013/page_52.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis institutional client services our institutional client services segment is comprised of : fixed income , currency and commodities client execution .\nincludes client execution activities related to making markets in interest rate products , credit products , mortgages , currencies and commodities .\nwe generate market-making revenues in these activities in three ways : 2030 in large , highly liquid markets ( such as markets for u.s .\ntreasury bills or certain mortgage pass-through certificates ) , we execute a high volume of transactions for our clients for modest spreads and fees .\n2030 in less liquid markets ( such as mid-cap corporate bonds , growth market currencies or certain non-agency mortgage-backed securities ) , we execute transactions for our clients for spreads and fees that are generally somewhat larger .\n2030 we also structure and execute transactions involving customized or tailor-made products that address our clients 2019 risk exposures , investment objectives or other complex needs ( such as a jet fuel hedge for an airline ) .\ngiven the focus on the mortgage market , our mortgage activities are further described below .\nour activities in mortgages include commercial mortgage- related securities , loans and derivatives , residential mortgage-related securities , loans and derivatives ( including u.s .\ngovernment agency-issued collateralized mortgage obligations , other prime , subprime and alt-a securities and loans ) , and other asset-backed securities , loans and derivatives .\nwe buy , hold and sell long and short mortgage positions , primarily for market making for our clients .\nour inventory therefore changes based on client demands and is generally held for short-term periods .\nsee notes 18 and 27 to the consolidated financial statements for information about exposure to mortgage repurchase requests , mortgage rescissions and mortgage-related litigation .\nequities .\nincludes client execution activities related to making markets in equity products and commissions and fees from executing and clearing institutional client transactions on major stock , options and futures exchanges worldwide , as well as over-the-counter transactions .\nequities also includes our securities services business , which provides financing , securities lending and other prime brokerage services to institutional clients , including hedge funds , mutual funds , pension funds and foundations , and generates revenues primarily in the form of interest rate spreads or fees .\nthe table below presents the operating results of our institutional client services segment. .\n\nTable Data:\n[['in millions', 'year ended december 2013', 'year ended december 2012', 'year ended december 2011'], ['fixed income currency and commodities client execution', '$ 8651', '$ 9914', '$ 9018'], ['equities client execution1', '2594', '3171', '3031'], ['commissions and fees', '3103', '3053', '3633'], ['securities services', '1373', '1986', '1598'], ['total equities', '7070', '8210', '8262'], ['total net revenues', '15721', '18124', '17280'], ['operating expenses', '11782', '12480', '12837'], ['pre-tax earnings', '$ 3939', '$ 5644', '$ 4443']]\n\nFollowing Text:\n1 .\nin april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business .\nnet revenues related to the americas reinsurance business were $ 317 million for 2013 , $ 1.08 billion for 2012 and $ 880 million for 2011 .\nsee note 12 to the consolidated financial statements for further information about this sale .\n2013 versus 2012 .\nnet revenues in institutional client services were $ 15.72 billion for 2013 , 13% ( 13 % ) lower than 2012 .\nnet revenues in fixed income , currency and commodities client execution were $ 8.65 billion for 2013 , 13% ( 13 % ) lower than 2012 , reflecting significantly lower net revenues in interest rate products compared with a solid 2012 , and significantly lower net revenues in mortgages compared with a strong 2012 .\nthe decrease in interest rate products and mortgages primarily reflected the impact of a more challenging environment and lower activity levels compared with 2012 .\nin addition , net revenues in currencies were slightly lower , while net revenues in credit products and commodities were essentially unchanged compared with 2012 .\nin december 2013 , we completed the sale of a majority stake in our european insurance business and recognized a gain of $ 211 million .\n50 goldman sachs 2013 annual report .\n\nQuestion: what percentage of total net revenues institutional client services segment in 2012 were made up of equities client execution?",
        "solution": "17%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2018/page_66.pdf\n\nID: PKG/2018/page_66.pdf-4\n\nPrevious Text:\nsacramento container acquisition in october 2017 , pca acquired substantially all of the assets of sacramento container corporation , and 100% ( 100 % ) of the membership interests of northern sheets , llc and central california sheets , llc ( collectively referred to as 201csacramento container 201d ) for a purchase price of $ 274 million , including working capital adjustments .\nfunding for the acquisition came from available cash on hand .\nassets acquired include full-line corrugated products and sheet feeder operations in both mcclellan , california and kingsburg , california .\nsacramento container provides packaging solutions to customers serving portions of california 2019s strong agricultural market .\nsacramento container 2019s financial results are included in the packaging segment from the date of acquisition .\nthe company accounted for the sacramento container acquisition using the acquisition method of accounting in accordance with asc 805 , business combinations .\nthe total purchase price has been allocated to tangible and intangible assets acquired and liabilities assumed based on respective fair values , as follows ( dollars in millions ) : .\n\nTable Data:\n[['', '12/31/17 allocation', 'adjustments', 'revised allocation'], ['goodwill', '$ 151.1', '$ 5.5', '$ 156.6'], ['other intangible assets', '72.6', '-5.5 ( 5.5 )', '67.1'], ['property plant and equipment', '26.7', '2014', '26.7'], ['other net assets', '23.4', '2014', '23.4'], ['net assets acquired', '$ 273.8', '$ 2014', '$ 273.8']]\n\nFollowing Text:\nduring the second quarter ended june 30 , 2018 , we made a $ 5.5 million net adjustment based on the final valuation of the intangible assets .\nwe recorded the adjustment as a decrease to other intangible assets with an offset to goodwill .\ngoodwill is calculated as the excess of the purchase price over the fair value of the net assets acquired .\namong the factors that contributed to the recognition of goodwill were sacramento container 2019s commitment to continuous improvement and regional synergies , as well as the expected increases in pca 2019s containerboard integration levels .\ngoodwill is deductible for tax purposes .\nother intangible assets , primarily customer relationships , were assigned an estimated weighted average useful life of 9.6 years .\nproperty , plant and equipment were assigned estimated useful lives ranging from one to 13 years. .\n\nQuestion: for the revised total purchase price allocation , goodwill was what percentage of net assets acquired?",
        "solution": "57.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2006/page_92.pdf\n\nID: MRO/2006/page_92.pdf-2\n\nPrevious Text:\nthe following table illustrates the incremental effect of applying sfas no .\n158 on individual line items of the balance sheet as of december 31 , 2006 .\nbefore after application of application of ( in millions ) sfas no .\n158 adjustments sfas no .\n158 .\n\nTable Data:\n[['( in millions )', 'before application of sfas no . 158', 'adjustments', 'after application of sfas no . 158'], ['prepaid pensions', '$ 229', '$ -229 ( 229 )', '$ 2013'], ['investments and long-term receivables', '1893', '-6 ( 6 )', '1887'], ['total assets', '31066', '-235 ( 235 )', '30831'], ['payroll and benefits payable', '384', '25', '409'], ['defined benefit postretirement plan obligations', '870', '375', '1245'], ['long-term deferred income taxes', '2183', '-286 ( 286 )', '1897'], ['deferred credits and other liabilities', '397', '-6 ( 6 )', '391'], ['total liabilities', '15598', '108', '15706'], ['accumulated other comprehensive loss', '-25 ( 25 )', '-343 ( 343 )', '-368 ( 368 )'], [\"total stockholders' equity\", '$ 14950', '$ -343 ( 343 )', '$ 14607']]\n\nFollowing Text:\nsab no .\n108 2013 in september 2006 , the securities and exchange commission issued staff accounting bulletin ( 2018 2018sab 2019 2019 ) no .\n108 , 2018 2018financial statements 2013 considering the effects of prior year misstatements when quantifying misstatements in current year financial statements . 2019 2019 sab no .\n108 addresses how a registrant should quantify the effect of an error in the financial statements for purposes of assessing materiality and requires that the effect be computed using both the current year income statement perspective ( 2018 2018rollover 2019 2019 ) and the year end balance sheet perspective ( 2018 2018iron curtain 2019 2019 ) methods for fiscal years ending after november 15 , 2006 .\nif a change in the method of quantifying errors is required under sab no .\n108 , this represents a change in accounting policy ; therefore , if the use of both methods results in a larger , material misstatement than the previously applied method , the financial statements must be adjusted .\nsab no .\n108 allows the cumulative effect of such adjustments to be made to opening retained earnings upon adoption .\nmarathon adopted sab no .\n108 for the year ended december 31 , 2006 , and adoption did not have an effect on marathon 2019s consolidated results of operations , financial position or cash flows .\neitf issue no .\n06-03 2013 in june 2006 , the fasb ratified the consensus reached by the eitf regarding issue no .\n06-03 , 2018 2018how taxes collected from customers and remitted to governmental authorities should be presented in the income statement ( that is , gross versus net presentation ) . 2019 2019 included in the scope of this issue are any taxes assessed by a governmental authority that are imposed on and concurrent with a specific revenue-producing transaction between a seller and a customer .\nthe eitf concluded that the presentation of such taxes on a gross basis ( included in revenues and costs ) or a net basis ( excluded from revenues ) is an accounting policy decision that should be disclosed pursuant to accounting principles board ( 2018 2018apb 2019 2019 ) opinion no .\n22 , 2018 2018disclosure of accounting policies . 2019 2019 in addition , the amounts of such taxes reported on a gross basis must be disclosed if those tax amounts are significant .\nthe policy disclosures required by this consensus are included in note 1 under the heading 2018 2018consumer excise taxes 2019 2019 and the taxes reported on a gross basis are presented separately as consumer excise taxes in the consolidated statements of income .\neitf issue no .\n04-13 2013 in september 2005 , the fasb ratified the consensus reached by the eitf on issue no .\n04-13 , 2018 2018accounting for purchases and sales of inventory with the same counterparty . 2019 2019 the consensus establishes the circumstances under which two or more inventory purchase and sale transactions with the same counterparty should be recognized at fair value or viewed as a single exchange transaction subject to apb opinion no .\n29 , 2018 2018accounting for nonmonetary transactions . 2019 2019 in general , two or more transactions with the same counterparty must be combined for purposes of applying apb opinion no .\n29 if they are entered into in contemplation of each other .\nthe purchase and sale transactions may be pursuant to a single contractual arrangement or separate contractual arrangements and the inventory purchased or sold may be in the form of raw materials , work-in-process or finished goods .\neffective april 1 , 2006 , marathon adopted the provisions of eitf issue no .\n04-13 prospectively .\neitf issue no .\n04-13 changes the accounting for matching buy/sell arrangements that are entered into or modified on or after april 1 , 2006 ( except for those accounted for as derivative instruments , which are discussed below ) .\nin a typical matching buy/sell transaction , marathon enters into a contract to sell a particular quantity and quality of crude oil or refined product at a specified location and date to a particular counterparty and simultaneously agrees to buy a particular quantity and quality of the same commodity at a specified location on the same or another specified date from the same counterparty .\nprior to adoption of eitf issue no .\n04-13 , marathon recorded such matching buy/sell transactions in both revenues and cost of revenues as separate sale and purchase transactions .\nupon adoption , these transactions are accounted for as exchanges of inventory .\nthe scope of eitf issue no .\n04-13 excludes matching buy/sell arrangements that are accounted for as derivative instruments .\na portion of marathon 2019s matching buy/sell transactions are 2018 2018nontraditional derivative instruments , 2019 2019 which are discussed in note 1 .\nalthough the accounting for nontraditional derivative instruments is outside the scope of eitf issue no .\n04-13 , the conclusions reached in that consensus caused marathon to reconsider the guidance in eitf issue no .\n03-11 , 2018 2018reporting realized gains and losses on derivative instruments that are subject to fasb statement no .\n133 and not 2018 2018held for trading purposes 2019 2019 as defined in issue no .\n02-3 . 2019 2019 as a result , effective for contracts entered into or modified on or after april 1 , 2006 , the effects of matching buy/sell arrangements accounted for as nontraditional derivative instruments are recognized on a net basis in net income and are classified as cost of revenues .\nprior to this change , marathon recorded these transactions in both revenues and cost of revenues as separate sale and purchase transactions .\nthis change in accounting principle is being applied on a prospective basis because it is impracticable to apply the change on a retrospective basis. .\n\nQuestion: what was the percentage change in total assets due to the adoption of fas 158?",
        "solution": "-0.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2014/page_16.pdf\n\nID: RCL/2014/page_16.pdf-4\n\nPrevious Text:\nroyal caribbean cruises ltd .\n15 from two to 17 nights throughout south america , the caribbean and europe .\nadditionally , we announced that majesty of the seas will be redeployed from royal caribbean international to pullmantur in 2016 .\npullmantur serves the contemporary segment of the spanish , portuguese and latin american cruise mar- kets .\npullmantur 2019s strategy is to attract cruise guests from these target markets by providing a variety of cruising options and onboard activities directed at couples and families traveling with children .\nover the last few years , pullmantur has systematically increased its focus on latin america and has expanded its pres- ence in that market .\nin order to facilitate pullmantur 2019s ability to focus on its core cruise business , on march 31 , 2014 , pullmantur sold the majority of its interest in its non-core busi- nesses .\nthese non-core businesses included pullmantur 2019s land-based tour operations , travel agency and 49% ( 49 % ) interest in its air business .\nin connection with the sale agreement , we retained a 19% ( 19 % ) interest in each of the non-core businesses as well as 100% ( 100 % ) ownership of the aircraft which are being dry leased to pullmantur air .\nsee note 1 .\ngeneral and note 6 .\nother assets to our consolidated financial statements under item 8 .\nfinancial statements and supplementary data for further details .\ncdf croisi e8res de france we currently operate two ships with an aggregate capacity of approximately 2800 berths under our cdf croisi e8res de france brand .\ncdf croisi e8res de france offers seasonal itineraries to the mediterranean , europe and caribbean .\nduring the winter season , zenith is deployed to the pullmantur brand for sailings in south america .\ncdf croisi e8res de france is designed to serve the contemporary segment of the french cruise market by providing a brand tailored for french cruise guests .\ntui cruises tui cruises is a joint venture owned 50% ( 50 % ) by us and 50% ( 50 % ) by tui ag , a german tourism and shipping com- pany , and is designed to serve the contemporary and premium segments of the german cruise market by offering a product tailored for german guests .\nall onboard activities , services , shore excursions and menu offerings are designed to suit the preferences of this target market .\ntui cruises operates three ships , mein schiff 1 , mein schiff 2 and mein schiff 3 , with an aggregate capacity of approximately 6300 berths .\nin addition , tui cruises currently has three newbuild ships on order at the finnish meyer turku yard with an aggregate capacity of approximately 7500 berths : mein schiff 4 , scheduled for delivery in the second quarter of 2015 , mein schiff 5 , scheduled for delivery in the third quarter of 2016 and mein schiff 6 , scheduled for delivery in the second quarter of 2017 .\nin november 2014 , we formed a strategic partnership with ctrip.com international ltd .\n( 201cctrip 201d ) , a chinese travel service provider , to operate a new cruise brand known as skysea cruises .\nskysea cruises will offer a custom-tailored product for chinese cruise guests operating the ship purchased from celebrity cruises .\nthe new cruise line will begin service in the second quarter of 2015 .\nwe and ctrip each own 35% ( 35 % ) of the new company , skysea holding , with the balance being owned by skysea holding management and a private equity fund .\nindustry cruising is considered a well-established vacation sector in the north american market , a growing sec- tor over the long term in the european market and a developing but promising sector in several other emerging markets .\nindustry data indicates that market penetration rates are still low and that a significant portion of cruise guests carried are first-time cruisers .\nwe believe this presents an opportunity for long-term growth and a potential for increased profitability .\nthe following table details market penetration rates for north america and europe computed based on the number of annual cruise guests as a percentage of the total population : america ( 1 ) europe ( 2 ) .\n\nTable Data:\n[['year', 'north america ( 1 )', 'europe ( 2 )'], ['2010', '3.1% ( 3.1 % )', '1.1% ( 1.1 % )'], ['2011', '3.4% ( 3.4 % )', '1.1% ( 1.1 % )'], ['2012', '3.3% ( 3.3 % )', '1.2% ( 1.2 % )'], ['2013', '3.4% ( 3.4 % )', '1.2% ( 1.2 % )'], ['2014', '3.5% ( 3.5 % )', '1.3% ( 1.3 % )']]\n\nFollowing Text:\n( 1 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and cruise lines international association ( 201cclia 201d ) .\nrates are based on cruise guests carried for at least two consecutive nights .\nincludes the united states of america and canada .\n( 2 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and clia europe , formerly european cruise council .\nwe estimate that the global cruise fleet was served by approximately 457000 berths on approximately 283 ships at the end of 2014 .\nthere are approximately 33 ships with an estimated 98650 berths that are expected to be placed in service in the global cruise market between 2015 and 2019 , although it is also possible that ships could be ordered or taken out of service during these periods .\nwe estimate that the global cruise industry carried 22.0 million cruise guests in 2014 compared to 21.3 million cruise guests carried in 2013 and 20.9 million cruise guests carried in 2012 .\npart i .\n\nQuestion: what is the estimated percentage increase , from 2012 to 2014 , in total global cruise guests?",
        "solution": "5.26%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_159.pdf\n\nID: ETR/2004/page_159.pdf-3\n\nPrevious Text:\nentergy arkansas , inc .\nmanagement's financial discussion and analysis results of operations net income 2004 compared to 2003 net income increased $ 16.2 million due to lower other operation and maintenance expenses , a lower effective income tax rate for 2004 compared to 2003 , and lower interest charges .\nthe increase was partially offset by lower net revenue .\n2003 compared to 2002 net income decreased $ 9.6 million due to lower net revenue , higher depreciation and amortization expenses , and a higher effective income tax rate for 2003 compared to 2002 .\nthe decrease was substantially offset by lower other operation and maintenance expenses , higher other income , and lower interest charges .\nnet revenue 2004 compared to 2003 net revenue , which is entergy arkansas' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .\nfollowing is an analysis of the change in net revenue comparing 2004 to 2003. .\n\nTable Data:\n[['', '( in millions )'], ['2003 net revenue', '$ 998.7'], ['deferred fuel cost revisions', '-16.9 ( 16.9 )'], ['other', '-3.4 ( 3.4 )'], ['2004 net revenue', '$ 978.4']]\n\nFollowing Text:\ndeferred fuel cost revisions includes the difference between the estimated deferred fuel expense and the actual calculation of recoverable fuel expense , which occurs on an annual basis .\ndeferred fuel cost revisions decreased net revenue due to a revised estimate of fuel costs filed for recovery at entergy arkansas in the march 2004 energy cost recovery rider , which reduced net revenue by $ 11.5 million .\nthe remainder of the variance is due to the 2002 energy cost recovery true-up , made in the first quarter of 2003 , which increased net revenue in 2003 .\ngross operating revenues , fuel and purchased power expenses , and other regulatory credits gross operating revenues increased primarily due to : 2022 an increase of $ 20.7 million in fuel cost recovery revenues due to an increase in the energy cost recovery rider effective april 2004 ( fuel cost recovery revenues are discussed in note 2 to the domestic utility companies and system energy financial statements ) ; 2022 an increase of $ 15.5 million in grand gulf revenues due to an increase in the grand gulf rider effective january 2004 ; 2022 an increase of $ 13.9 million in gross wholesale revenue primarily due to increased sales to affiliated systems ; 2022 an increase of $ 9.5 million due to volume/weather primarily resulting from increased usage during the unbilled sales period , partially offset by the effect of milder weather on billed sales in 2004. .\n\nQuestion: what is the percent change in net revenue from 2003 to 2004?",
        "solution": "2.08%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2019/page_135.pdf\n\nID: WRK/2019/page_135.pdf-1\n\nPrevious Text:\nwestrock company notes to consolidated financial statements 2014 ( continued ) note 20 .\nstockholders 2019 equity capitalization our capital stock consists solely of common stock .\nholders of our common stock are entitled to one vote per share .\nour amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued .\nthe terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation .\nstock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 .\nthe shares of our common stock may be repurchased over an indefinite period of time at the discretion of management .\nin fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million .\nin fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million .\nin fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million .\nas of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock .\nnote 21 .\nshare-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan .\nthe 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) .\nthe amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors .\nthe table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) .\nshares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation .\nthe number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 .\nin addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 .\n( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans .\nwe issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended .\nthe awards were converted into westrock awards using the conversion factor as described in the business combination agreement .\n( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan .\nthe awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. .\n\nTable Data:\n[['', 'shares available for issuance', 'shares available for future grant', 'shares to be issued if performance is achieved at maximum', 'expect to make new awards'], ['amended and restated 2016 incentive stock plan ( 1 )', '11.7', '5.1', '2.3', 'yes'], ['2004 incentive stock plan ( 1 ) ( 2 )', '15.8', '3.1', '0.0', 'no'], ['2005 performance incentive plan ( 1 ) ( 2 )', '12.8', '9.0', '0.0', 'no'], ['rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 )', '7.9', '5.9', '0.0', 'no']]\n\nFollowing Text:\nwestrock company notes to consolidated financial statements 2014 ( continued ) note 20 .\nstockholders 2019 equity capitalization our capital stock consists solely of common stock .\nholders of our common stock are entitled to one vote per share .\nour amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued .\nthe terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation .\nstock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 .\nthe shares of our common stock may be repurchased over an indefinite period of time at the discretion of management .\nin fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million .\nin fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million .\nin fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million .\nas of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock .\nnote 21 .\nshare-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan .\nthe 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) .\nthe amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors .\nthe table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) .\nshares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation .\nthe number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 .\nin addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 .\n( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans .\nwe issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended .\nthe awards were converted into westrock awards using the conversion factor as described in the business combination agreement .\n( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan .\nthe awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. .\n\nQuestion: what was the weighted average total of the aggregate cost of the per share repurchased from 2017 to 2019",
        "solution": "51.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HFC/2011/page_88.pdf\n\nID: HFC/2011/page_88.pdf-2\n\nPrevious Text:\n$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .\nroadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .\ntulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .\nthe racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .\nlovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .\nslc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .\nthe slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .\nhep 2019s capitalized joint venture contribution was $ 25.5 million .\nrio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .\nresults of operations of rio grande are presented in discontinued operations .\nin accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .\nthe recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .\nthe following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) .\n\nTable Data:\n[['', 'year ended december 31 2009 ( in thousands )'], ['income from discontinued operations before income taxes', '$ 5367'], ['income tax expense', '-942 ( 942 )'], ['income from discontinued operations net', '4425'], ['gain on sale of discontinued operations before income taxes', '14479'], ['income tax expense', '-1978 ( 1978 )'], ['gain on sale of discontinued operations net', '12501'], ['income from discontinued operations net', '$ 16926']]\n\nFollowing Text:\ntransportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .\nunder these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .\nunder these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .\n\nQuestion: excluding the gain on sale of discontinued operations , what was the income from discontinued operations , in millions?",
        "solution": "4425"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2017/page_38.pdf\n\nID: IPG/2017/page_38.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) operating income increased during 2017 when compared to 2016 , comprised of a decrease in revenue of $ 42.1 , as discussed above , a decrease in salaries and related expenses of $ 28.0 and a decrease in office and general expenses of $ 16.9 .\nthe decrease in salaries and related expenses was primarily due to lower discretionary bonuses and incentive expense as well as a decrease in base salaries , benefits and tax .\nthe decrease in office and general expenses was primarily due to decreases in adjustments to contingent acquisition obligations , as compared to the prior year .\noperating income increased during 2016 when compared to 2015 due to an increase in revenue of $ 58.8 , as discussed above , and a decrease in office and general expenses of $ 3.7 , partially offset by an increase in salaries and related expenses of $ 38.8 .\nthe increase in salaries and related expenses was attributable to an increase in base salaries , benefits and tax primarily due to increases in our workforce to support business growth over the last twelve months .\nthe decrease in office and general expenses was primarily due to lower production expenses related to pass-through costs , which are also reflected in revenue , for certain projects in which we acted as principal that decreased in size or did not recur during the current year .\ncorporate and other certain corporate and other charges are reported as a separate line item within total segment operating income and include corporate office expenses , as well as shared service center and certain other centrally managed expenses that are not fully allocated to operating divisions .\nsalaries and related expenses include salaries , long-term incentives , annual bonuses and other miscellaneous benefits for corporate office employees .\noffice and general expenses primarily include professional fees related to internal control compliance , financial statement audits and legal , information technology and other consulting services that are engaged and managed through the corporate office .\noffice and general expenses also include rental expense and depreciation of leasehold improvements for properties occupied by corporate office employees .\na portion of centrally managed expenses are allocated to operating divisions based on a formula that uses the planned revenues of each of the operating units .\namounts allocated also include specific charges for information technology-related projects , which are allocated based on utilization .\ncorporate and other expenses decreased during 2017 by $ 20.6 to $ 126.6 compared to 2016 , primarily due to lower annual incentive expense .\ncorporate and other expenses increased during 2016 by $ 5.4 to $ 147.2 compared to 2015 .\nliquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. .\n\nTable Data:\n[['cash flow data', 'years ended december 31 , 2017', 'years ended december 31 , 2016', 'years ended december 31 , 2015'], ['net income adjusted to reconcile to net cash provided by operating activities1', '$ 887.3', '$ 1023.2', '$ 848.8'], ['net cash used in working capital2', '-29.9 ( 29.9 )', '-414.9 ( 414.9 )', '-99.9 ( 99.9 )'], ['changes in other non-current assets and liabilities', '24.4', '-95.5 ( 95.5 )', '-60.4 ( 60.4 )'], ['net cash provided by operating activities', '$ 881.8', '$ 512.8', '$ 688.5'], ['net cash used in investing activities', '-196.2 ( 196.2 )', '-263.9 ( 263.9 )', '-199.7 ( 199.7 )'], ['net cash used in financing activities', '-1004.9 ( 1004.9 )', '-666.4 ( 666.4 )', '-490.9 ( 490.9 )']]\n\nFollowing Text:\n1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , net losses on sales of businesses and deferred income taxes .\n2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities .\noperating activities due to the seasonality of our business , we typically use cash from working capital in the first nine months of a year , with the largest impact in the first quarter , and generate cash from working capital in the fourth quarter , driven by the seasonally strong media spending by our clients .\nquarterly and annual working capital results are impacted by the fluctuating annual media spending budgets of our clients as well as their changing media spending patterns throughout each year across various countries. .\n\nQuestion: what is the net change in cash for 2017?",
        "solution": "-319.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2015/page_51.pdf\n\nID: IP/2015/page_51.pdf-4\n\nPrevious Text:\nthe company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows .\nfunding decisions will be guided by our capital structure planning objectives .\nthe primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense .\nthe majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors .\nmaintaining an investment grade credit rating is an important element of international paper 2019s financing strategy .\nat december 31 , 2015 , the company held long-term credit ratings of bbb ( stable outlook ) and baa2 ( stable outlook ) by s&p and moody 2019s , respectively .\ncontractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2015 , were as follows: .\n\nTable Data:\n[['in millions', '2015', '2016', '2017', '2018', '2019', 'thereafter'], ['maturities of long-term debt ( a )', '$ 426', '$ 43', '$ 811', '$ 427', '$ 183', '$ 7436'], ['lease obligations', '118', '95', '72', '55', '41', '128'], ['purchase obligations ( b )', '3001', '541', '447', '371', '358', '1579'], ['total ( c )', '$ 3545', '$ 679', '$ 1330', '$ 853', '$ 582', '$ 9143']]\n\nFollowing Text:\n( a ) total debt includes scheduled principal payments only .\n( b ) includes $ 2.1 billion relating to fiber supply agreements entered into at the time of the 2006 transformation plan forestland sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business .\n( c ) not included in the above table due to the uncertainty as to the amount and timing of the payment are unrecognized tax benefits of approximately $ 101 million .\nwe consider the undistributed earnings of our foreign subsidiaries as of december 31 , 2015 , to be indefinitely reinvested and , accordingly , no u.s .\nincome taxes have been provided thereon .\nas of december 31 , 2015 , the amount of cash associated with indefinitely reinvested foreign earnings was approximately $ 600 million .\nwe do not anticipate the need to repatriate funds to the united states to satisfy domestic liquidity needs arising in the ordinary course of business , including liquidity needs associated with our domestic debt service requirements .\npension obligations and funding at december 31 , 2015 , the projected benefit obligation for the company 2019s u.s .\ndefined benefit plans determined under u.s .\ngaap was approximately $ 3.5 billion higher than the fair value of plan assets .\napproximately $ 3.2 billion of this amount relates to plans that are subject to minimum funding requirements .\nunder current irs funding rules , the calculation of minimum funding requirements differs from the calculation of the present value of plan benefits ( the projected benefit obligation ) for accounting purposes .\nin december 2008 , the worker , retiree and employer recovery act of 2008 ( wera ) was passed by the u.s .\ncongress which provided for pension funding relief and technical corrections .\nfunding contributions depend on the funding method selected by the company , and the timing of its implementation , as well as on actual demographic data and the targeted funding level .\nthe company continually reassesses the amount and timing of any discretionary contributions and elected to make contributions totaling $ 750 million and $ 353 million for the years ended december 31 , 2015 and 2014 , respectively .\nat this time , we do not expect to have any required contributions to our plans in 2016 , although the company may elect to make future voluntary contributions .\nthe timing and amount of future contributions , which could be material , will depend on a number of factors , including the actual earnings and changes in values of plan assets and changes in interest rates .\ninternational paper has announced a voluntary , limited-time opportunity for former employees who are participants in the retirement plan of international paper company ( the pension plan ) to request early payment of their entire pension plan benefit in the form of a single lump sum payment .\neligible participants who wish to receive the lump sum payment must make an election between february 29 and april 29 , 2016 , and payment is scheduled to be made on or before june 30 , 2016 .\nall payments will be made from the pension plan trust assets .\nthe target population has a total liability of $ 3.0 billion .\nthe amount of the total payments will depend on the participation rate of eligible participants , but is expected to be approximately $ 1.5 billion .\nbased on the expected level of payments , settlement accounting rules will apply in the period in which the payments are made .\nthis will result in a plan remeasurement and the recognition in earnings of a pro-rata portion of unamortized net actuarial loss .\nilim holding s.a .\nshareholder 2019s agreement in october 2007 , in connection with the formation of the ilim holding s.a .\njoint venture , international paper entered into a shareholder 2019s agreement that includes provisions relating to the reconciliation of disputes among the partners .\nthis agreement was amended on may 7 , 2014 .\npursuant to the amended agreement , beginning on january 1 , 2017 , either the company or its partners may commence certain procedures specified under the deadlock provisions .\nif these or any other deadlock provisions are commenced , the company may in certain situations , choose to purchase its partners 2019 50% ( 50 % ) interest in ilim .\nany such transaction would be subject to review and approval by russian and other relevant antitrust authorities .\nany such purchase by international paper would result in the consolidation of ilim 2019s financial position and results of operations in all subsequent periods. .\n\nQuestion: in 2018 what was the percent of the long-term debt maturities as part of the total contractual obligations for future payments",
        "solution": "50.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2013/page_71.pdf\n\nID: INTC/2013/page_71.pdf-4\n\nPrevious Text:\nthe fair value of our grants receivable is determined using a discounted cash flow model , which discounts future cash flows using an appropriate yield curve .\nas of december 28 , 2013 , and december 29 , 2012 , the carrying amount of our grants receivable was classified within other current assets and other long-term assets , as applicable .\nour long-term debt recognized at amortized cost is comprised of our senior notes and our convertible debentures .\nthe fair value of our senior notes is determined using active market prices , and it is therefore classified as level 1 .\nthe fair value of our convertible long-term debt is determined using discounted cash flow models with observable market inputs , and it takes into consideration variables such as interest rate changes , comparable securities , subordination discount , and credit-rating changes , and it is therefore classified as level 2 .\nthe nvidia corporation ( nvidia ) cross-license agreement liability in the preceding table was incurred as a result of entering into a long-term patent cross-license agreement with nvidia in january 2011 .\nwe agreed to make payments to nvidia over six years .\nas of december 28 , 2013 , and december 29 , 2012 , the carrying amount of the liability arising from the agreement was classified within other accrued liabilities and other long-term liabilities , as applicable .\nthe fair value is determined using a discounted cash flow model , which discounts future cash flows using our incremental borrowing rates .\nnote 5 : cash and investments cash and investments at the end of each period were as follows : ( in millions ) dec 28 , dec 29 .\n\nTable Data:\n[['( in millions )', 'dec 282013', 'dec 292012'], ['available-for-sale investments', '$ 18086', '$ 14001'], ['cash', '854', '593'], ['equity method investments', '1038', '992'], ['loans receivable', '1072', '979'], ['non-marketable cost method investments', '1270', '1202'], ['reverse repurchase agreements', '800', '2850'], ['trading assets', '8441', '5685'], ['total cash and investments', '$ 31561', '$ 26302']]\n\nFollowing Text:\nin the third quarter of 2013 , we sold our shares in clearwire corporation , which had been accounted for as available-for-sale marketable equity securities , and our interest in clearwire communications , llc ( clearwire llc ) , which had been accounted for as an equity method investment .\nin total , we received proceeds of $ 470 million on these transactions and recognized a gain of $ 439 million , which is included in gains ( losses ) on equity investments , net on the consolidated statements of income .\nproceeds received and gains recognized for each investment are included in the \"available-for-sale investments\" and \"equity method investments\" sections that follow .\ntable of contents intel corporation notes to consolidated financial statements ( continued ) .\n\nQuestion: what percentage of total cash and investments as of dec . 29 2012 was comprised of available-for-sale investments?",
        "solution": "53%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2006/page_84.pdf\n\nID: IP/2006/page_84.pdf-2\n\nPrevious Text:\ninstitutions .\ninternational paper continually monitors its positions with and the credit quality of these financial institutions and does not expect non- performance by the counterparties .\nnote 14 capital stock the authorized capital stock at both december 31 , 2006 and 2005 , consisted of 990850000 shares of common stock , $ 1 par value ; 400000 shares of cumulative $ 4 preferred stock , without par value ( stated value $ 100 per share ) ; and 8750000 shares of serial preferred stock , $ 1 par value .\nthe serial preferred stock is issuable in one or more series by the board of directors without further shareholder action .\nin july 2006 , in connection with the planned use of projected proceeds from the company 2019s trans- formation plan , international paper 2019s board of direc- tors authorized a share repurchase program to acquire up to $ 3.0 billion of the company 2019s stock .\nin a modified 201cdutch auction 201d tender offer completed in september 2006 , international paper purchased 38465260 shares of its common stock at a price of $ 36.00 per share , plus costs to acquire the shares , for a total cost of approximately $ 1.4 billion .\nin addition , in december 2006 , the company purchased an addi- tional 1220558 shares of its common stock in the open market at an average price of $ 33.84 per share , plus costs to acquire the shares , for a total cost of approximately $ 41 million .\nfollowing the completion of these share repurchases , international paper had approximately 454 million shares of common stock issued and outstanding .\nnote 15 retirement plans u.s .\ndefined benefit plans international paper maintains pension plans that provide retirement benefits to substantially all domestic employees hired prior to july 1 , 2004 .\nthese employees generally are eligible to participate in the plans upon completion of one year of service and attainment of age 21 .\nemployees hired after june 30 , 2004 , who are not eligible for these pension plans receive an additional company contribution to their savings plan ( see 201cother plans 201d on page 83 ) .\nthe plans provide defined benefits based on years of credited service and either final average earnings ( salaried employees ) , hourly job rates or specified benefit rates ( hourly and union employees ) .\nfor its qualified defined benefit pension plan , interna- tional paper makes contributions that are sufficient to fully fund its actuarially determined costs , gen- erally equal to the minimum amounts required by the employee retirement income security act ( erisa ) .\nin addition , international paper made volun- tary contributions of $ 1.0 billion to the qualified defined benefit plan in 2006 , and does not expect to make any contributions in 2007 .\nthe company also has two unfunded nonqualified defined benefit pension plans : a pension restoration plan available to employees hired prior to july 1 , 2004 that provides retirement benefits based on eligible compensation in excess of limits set by the internal revenue service , and a supplemental retirement plan for senior managers ( serp ) , which is an alternative retirement plan for senior vice presi- dents and above who are designated by the chief executive officer as participants .\nthese nonqualified plans are only funded to the extent of benefits paid , which are expected to be $ 41 million in 2007 .\nnet periodic pension expense service cost is the actuarial present value of benefits attributed by the plans 2019 benefit formula to services rendered by employees during the year .\ninterest cost represents the increase in the projected benefit obli- gation , which is a discounted amount , due to the passage of time .\nthe expected return on plan assets reflects the computed amount of current year earn- ings from the investment of plan assets using an estimated long-term rate of return .\nnet periodic pension expense for qualified and nonqualified u.s .\ndefined benefit plans comprised the following : in millions 2006 2005 2004 .\n\nTable Data:\n[['in millions', '2006', '2005', '2004'], ['service cost', '$ 141', '$ 129', '$ 115'], ['interest cost', '506', '474', '467'], ['expected return on plan assets', '-540 ( 540 )', '-556 ( 556 )', '-592 ( 592 )'], ['actuarial loss', '243', '167', '94'], ['amortization of prior service cost', '27', '29', '27'], ['net periodic pension expense ( a )', '$ 377', '$ 243', '$ 111']]\n\nFollowing Text:\n( a ) excludes $ 9.1 million , $ 6.5 million and $ 3.4 million in 2006 , 2005 and 2004 , respectively , in curtailment losses , and $ 8.7 million , $ 3.6 million and $ 1.4 million in 2006 , 2005 and 2004 , respectively , of termination benefits , in connection with cost reduction programs and facility rationalizations that were recorded in restructuring and other charges in the con- solidated statement of operations .\nalso excludes $ 77.2 million and $ 14.3 million in 2006 and 2005 , respectively , in curtailment losses , and $ 18.6 million and $ 7.6 million of termination bene- fits in 2006 and 2005 , respectively , related to certain divest- itures recorded in net losses on sales and impairments of businesses held for sale in the consolidated statement of oper- ations. .\n\nQuestion: what is the percentage change in net periodic pension expense between 2005 and 2006?",
        "solution": "55%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_177.pdf\n\nID: GS/2012/page_177.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements sumitomo mitsui financial group , inc .\n( smfg ) provides the firm with credit loss protection on certain approved loan commitments ( primarily investment-grade commercial lending commitments ) .\nthe notional amount of such loan commitments was $ 32.41 billion and $ 31.94 billion as of december 2012 and december 2011 , respectively .\nthe credit loss protection on loan commitments provided by smfg is generally limited to 95% ( 95 % ) of the first loss the firm realizes on such commitments , up to a maximum of approximately $ 950 million .\nin addition , subject to the satisfaction of certain conditions , upon the firm 2019s request , smfg will provide protection for 70% ( 70 % ) of additional losses on such commitments , up to a maximum of $ 1.13 billion , of which $ 300 million of protection had been provided as of both december 2012 and december 2011 .\nthe firm also uses other financial instruments to mitigate credit risks related to certain commitments not covered by smfg .\nthese instruments primarily include credit default swaps that reference the same or similar underlying instrument or entity or credit default swaps that reference a market index .\nwarehouse financing .\nthe firm provides financing to clients who warehouse financial assets .\nthese arrangements are secured by the warehoused assets , primarily consisting of commercial mortgage loans .\ncontingent and forward starting resale and securities borrowing agreements/forward starting repurchase and secured lending agreements the firm enters into resale and securities borrowing agreements and repurchase and secured lending agreements that settle at a future date .\nthe firm also enters into commitments to provide contingent financing to its clients and counterparties through resale agreements .\nthe firm 2019s funding of these commitments depends on the satisfaction of all contractual conditions to the resale agreement and these commitments can expire unused .\ninvestment commitments the firm 2019s investment commitments consist of commitments to invest in private equity , real estate and other assets directly and through funds that the firm raises and manages .\nthese commitments include $ 872 million and $ 1.62 billion as of december 2012 and december 2011 , respectively , related to real estate private investments and $ 6.47 billion and $ 7.50 billion as of december 2012 and december 2011 , respectively , related to corporate and other private investments .\nof these amounts , $ 6.21 billion and $ 8.38 billion as of december 2012 and december 2011 , respectively , relate to commitments to invest in funds managed by the firm , which will be funded at market value on the date of investment .\nleases the firm has contractual obligations under long-term noncancelable lease agreements , principally for office space , expiring on various dates through 2069 .\ncertain agreements are subject to periodic escalation provisions for increases in real estate taxes and other charges .\nthe table below presents future minimum rental payments , net of minimum sublease rentals .\nin millions december 2012 .\n\nTable Data:\n[['in millions', 'as of december 2012'], ['2013', '$ 439'], ['2014', '407'], ['2015', '345'], ['2016', '317'], ['2017', '306'], ['2018 - thereafter', '1375'], ['total', '$ 3189']]\n\nFollowing Text:\nrent charged to operating expense for the years ended december 2012 , december 2011 and december 2010 was $ 374 million , $ 475 million and $ 508 million , respectively .\noperating leases include office space held in excess of current requirements .\nrent expense relating to space held for growth is included in 201coccupancy . 201d the firm records a liability , based on the fair value of the remaining lease rentals reduced by any potential or existing sublease rentals , for leases where the firm has ceased using the space and management has concluded that the firm will not derive any future economic benefits .\ncosts to terminate a lease before the end of its term are recognized and measured at fair value on termination .\ngoldman sachs 2012 annual report 175 .\n\nQuestion: what percentage of future minimum rental payments is due in 2015?",
        "solution": "11%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2016/page_29.pdf\n\nID: ORLY/2016/page_29.pdf-1\n\nPrevious Text:\nstock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2011 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . .\n\nTable Data:\n[['company/index', 'december 31 , 2011', 'december 31 , 2012', 'december 31 , 2013', 'december 31 , 2014', 'december 31 , 2015', 'december 31 , 2016'], ['o 2019reilly automotive inc .', '$ 100', '$ 112', '$ 161', '$ 241', '$ 317', '$ 348'], ['s&p 500 retail index', '100', '125', '180', '197', '245', '257'], ['s&p 500', '$ 100', '$ 113', '$ 147', '$ 164', '$ 163', '$ 178']]\n\nFollowing Text:\n.\n\nQuestion: what was the 2012 return on o 2019reilly automotive inc . stock?\\\\n",
        "solution": "12"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2013/page_36.pdf\n\nID: IPG/2013/page_36.pdf-3\n\nPrevious Text:\nmanagement 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 .\ncapital expenditures of $ 169.2 primarily related to computer hardware and software , and leasehold improvements .\ncapital expenditures increased in 2012 compared to the prior year , primarily due to an increase in leasehold improvements made during the year .\npayments for acquisitions of $ 145.5 primarily related to payments for new acquisitions .\nfinancing 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 .\nwe redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes .\nin 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 .\nnet cash provided by financing activities during 2012 primarily reflected net proceeds from our debt transactions .\nwe 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 ) .\nthe 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 .\noffsetting 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 .\nforeign 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 .\nthe decrease was primarily a result of the u.s .\ndollar 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 .\nthe 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 .\nthe decrease was a result of the u.s .\ndollar being stronger than several foreign currencies , including the brazilian real and south african rand , offset by the u.s .\ndollar 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. .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nliquidity 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 .\nwe also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs .\nwe 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. .\n\nQuestion: how much more of a decrease cash was a result of foreign exchange in 2013 compared to 2012?",
        "solution": "$ 87.9 million"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: L/2009/page_52.pdf\n\nID: L/2009/page_52.pdf-1\n\nPrevious Text:\nitem 1 .\nbusiness loews hotels holding corporation the subsidiaries of loews hotels holding corporation ( 201cloews hotels 201d ) , our wholly owned subsidiary , presently operate the following 18 hotels .\nloews hotels accounted for 2.0% ( 2.0 % ) , 2.9% ( 2.9 % ) and 2.7% ( 2.7 % ) of our consolidated total revenue for the years ended december 31 , 2009 , 2008 and 2007 .\nnumber of name and location rooms owned , leased or managed loews annapolis hotel 220 owned annapolis , maryland loews coronado bay 440 land lease expiring 2034 san diego , california loews denver hotel 185 owned denver , colorado the don cesar , a loews hotel 347 management contract ( a ) ( b ) st .\npete beach , florida hard rock hotel , 650 management contract ( c ) at universal orlando orlando , florida loews lake las vegas 493 management contract ( a ) henderson , nevada loews le concorde hotel 405 land lease expiring 2069 quebec city , canada the madison , a loews hotel 353 management contract expiring 2021 ( a ) washington , d.c .\nloews miami beach hotel 790 owned miami beach , florida loews new orleans hotel 285 management contract expiring 2018 ( a ) new orleans , louisiana loews philadelphia hotel 585 owned philadelphia , pennsylvania loews portofino bay hotel , 750 management contract ( c ) at universal orlando orlando , florida loews regency hotel 350 land lease expiring 2013 , with renewal option new york , new york for 47 years loews royal pacific resort 1000 management contract ( c ) at universal orlando orlando , florida loews santa monica beach hotel 340 management contract expiring 2018 , with santa monica , california renewal option for 5 years ( a ) loews vanderbilt hotel 340 owned nashville , tennessee loews ventana canyon 400 management contract expiring 2019 ( a ) tucson , arizona loews hotel vogue 140 owned montreal , canada ( a ) these management contracts are subject to termination rights .\n( b ) a loews hotels subsidiary is a 20% ( 20 % ) owner of the hotel , which is being operated by loews hotels pursuant to a management contract .\n( c ) a loews hotels subsidiary is a 50% ( 50 % ) owner of these hotels located at the universal orlando theme park , through a joint venture with universal studios and the rank group .\nthe hotels are on land leased by the joint venture and are operated by loews hotels pursuant to a management contract. .\n\nTable Data:\n[['name and location', 'number of rooms', 'owned leased or managed'], ['loews annapolis hotel annapolis maryland', '220', 'owned'], ['loews coronado bay san diego california', '440', 'land lease expiring 2034'], ['loews denver hotel denver colorado', '185', 'owned'], ['the don cesar a loews hotel st . pete beach florida', '347', 'management contract ( a ) ( b )'], ['hard rock hotel at universal orlando orlando florida', '650', 'management contract ( c )'], ['loews lake las vegas henderson nevada', '493', 'management contract ( a )'], ['loews le concorde hotel quebec city canada', '405', 'land lease expiring 2069'], ['the madison a loews hotel washington d.c .', '353', 'management contract expiring 2021 ( a )'], ['loews miami beach hotel miami beach florida', '790', 'owned'], ['loews new orleans hotel new orleans louisiana', '285', 'management contract expiring 2018 ( a )'], ['loews philadelphia hotel philadelphia pennsylvania', '585', 'owned'], ['loews portofino bay hotel at universal orlando orlando florida', '750', 'management contract ( c )'], ['loews regency hotel new york new york', '350', 'land lease expiring 2013 with renewal option for 47 years'], ['loews royal pacific resort at universal orlando orlando florida', '1000', 'management contract ( c )'], ['loews santa monica beach hotel santa monica california', '340', 'management contract expiring 2018 with renewal option for5 years ( a )'], ['loews vanderbilt hotel nashville tennessee', '340', 'owned'], ['loews ventana canyon tucson arizona', '400', 'management contract expiring 2019 ( a )'], ['loews hotel vogue montreal canada', '140', 'owned']]\n\nFollowing Text:\nitem 1 .\nbusiness loews hotels holding corporation the subsidiaries of loews hotels holding corporation ( 201cloews hotels 201d ) , our wholly owned subsidiary , presently operate the following 18 hotels .\nloews hotels accounted for 2.0% ( 2.0 % ) , 2.9% ( 2.9 % ) and 2.7% ( 2.7 % ) of our consolidated total revenue for the years ended december 31 , 2009 , 2008 and 2007 .\nnumber of name and location rooms owned , leased or managed loews annapolis hotel 220 owned annapolis , maryland loews coronado bay 440 land lease expiring 2034 san diego , california loews denver hotel 185 owned denver , colorado the don cesar , a loews hotel 347 management contract ( a ) ( b ) st .\npete beach , florida hard rock hotel , 650 management contract ( c ) at universal orlando orlando , florida loews lake las vegas 493 management contract ( a ) henderson , nevada loews le concorde hotel 405 land lease expiring 2069 quebec city , canada the madison , a loews hotel 353 management contract expiring 2021 ( a ) washington , d.c .\nloews miami beach hotel 790 owned miami beach , florida loews new orleans hotel 285 management contract expiring 2018 ( a ) new orleans , louisiana loews philadelphia hotel 585 owned philadelphia , pennsylvania loews portofino bay hotel , 750 management contract ( c ) at universal orlando orlando , florida loews regency hotel 350 land lease expiring 2013 , with renewal option new york , new york for 47 years loews royal pacific resort 1000 management contract ( c ) at universal orlando orlando , florida loews santa monica beach hotel 340 management contract expiring 2018 , with santa monica , california renewal option for 5 years ( a ) loews vanderbilt hotel 340 owned nashville , tennessee loews ventana canyon 400 management contract expiring 2019 ( a ) tucson , arizona loews hotel vogue 140 owned montreal , canada ( a ) these management contracts are subject to termination rights .\n( b ) a loews hotels subsidiary is a 20% ( 20 % ) owner of the hotel , which is being operated by loews hotels pursuant to a management contract .\n( c ) a loews hotels subsidiary is a 50% ( 50 % ) owner of these hotels located at the universal orlando theme park , through a joint venture with universal studios and the rank group .\nthe hotels are on land leased by the joint venture and are operated by loews hotels pursuant to a management contract. .\n\nQuestion: how many rooms does loews hotel have outside the us?",
        "solution": "545"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2010/page_33.pdf\n\nID: UNP/2010/page_33.pdf-2\n\nPrevious Text:\noperating/performance statistics railroad performance measures reported to the aar , as well as other performance measures , are included in the table below : 2010 2009 2008 % (  % ) change 2010 v 2009 % (  % ) change 2009 v 2008 .\n\nTable Data:\n[['', '2010', '2009', '2008', '% (  % ) change 2010 v 2009', '% (  % ) change2009 v 2008'], ['average train speed ( miles per hour )', '26.2', '27.3', '23.5', '( 4 ) % (  % )', '16% ( 16 % )'], ['average terminal dwell time ( hours )', '25.4', '24.8', '24.9', '2% ( 2 % )', '-'], ['average rail car inventory ( thousands )', '274.4', '283.1', '300.7', '( 3 ) % (  % )', '( 6 ) % (  % )'], ['gross ton-miles ( billions )', '932.4', '846.5', '1020.4', '10% ( 10 % )', '( 17 ) % (  % )'], ['revenue ton-miles ( billions )', '520.4', '479.2', '562.6', '9% ( 9 % )', '( 15 ) % (  % )'], ['operating ratio', '70.6', '76.1', '77.4', '( 5.5 ) pt', '( 1.3 ) pt'], ['employees ( average )', '42884', '43531', '48242', '( 1 ) % (  % )', '( 10 ) % (  % )'], ['customer satisfaction index', '89', '88', '83', '1 pt', '5 pt']]\n\nFollowing Text:\naverage train speed 2013 average train speed is calculated by dividing train miles by hours operated on our main lines between terminals .\nmaintenance activities and weather disruptions , combined with higher volume levels , led to a 4% ( 4 % ) decrease in average train speed in 2010 compared to a record set in 2009 .\noverall , we continued operating a fluid and efficient network during the year .\nlower volume levels , ongoing network management initiatives , and productivity improvements contributed to a 16% ( 16 % ) improvement in average train speed in 2009 compared to 2008 .\naverage terminal dwell time 2013 average terminal dwell time is the average time that a rail car spends at our terminals .\nlower average terminal dwell time improves asset utilization and service .\naverage terminal dwell time increased 2% ( 2 % ) in 2010 compared to 2009 , driven in part by our network plan to increase the length of numerous trains to improve overall efficiency , which resulted in higher terminal dwell time for some cars .\naverage terminal dwell time improved slightly in 2009 compared to 2008 due to lower volume levels combined with initiatives to expedite delivering rail cars to our interchange partners and customers .\naverage rail car inventory 2013 average rail car inventory is the daily average number of rail cars on our lines , including rail cars in storage .\nlower average rail car inventory reduces congestion in our yards and sidings , which increases train speed , reduces average terminal dwell time , and improves rail car utilization .\naverage rail car inventory decreased 3% ( 3 % ) in 2010 compared to 2009 , while we handled 13% ( 13 % ) increases in carloads during the period compared to 2009 .\nwe maintained more freight cars off-line and retired a number of old freight cars , which drove the decreases .\naverage rail car inventory decreased 6% ( 6 % ) in 2009 compared to 2008 driven by a 16% ( 16 % ) decrease in volume .\nin addition , as carloads decreased , we stored more freight cars off-line .\ngross and revenue ton-miles 2013 gross ton-miles are calculated by multiplying the weight of loaded and empty freight cars by the number of miles hauled .\nrevenue ton-miles are calculated by multiplying the weight of freight by the number of tariff miles .\ngross and revenue-ton-miles increased 10% ( 10 % ) and 9% ( 9 % ) in 2010 compared to 2009 due to a 13% ( 13 % ) increase in carloads .\ncommodity mix changes ( notably automotive shipments ) drove the variance in year-over-year growth between gross ton-miles , revenue ton-miles and carloads .\ngross and revenue ton-miles decreased 17% ( 17 % ) and 15% ( 15 % ) in 2009 compared to 2008 due to a 16% ( 16 % ) decrease in carloads .\ncommodity mix changes ( notably automotive shipments , which were 30% ( 30 % ) lower in 2009 versus 2008 ) drove the difference in declines between gross ton-miles and revenue ton- miles .\noperating ratio 2013 operating ratio is defined as our operating expenses as a percentage of operating revenue .\nour operating ratio improved 5.5 points to 70.6% ( 70.6 % ) in 2010 and 1.3 points to 76.1% ( 76.1 % ) in 2009 .\nefficiently leveraging volume increases , core pricing gains , and productivity initiatives drove the improvement in 2010 and more than offset the impact of higher fuel prices during the year .\ncore pricing gains , lower fuel prices , network management initiatives , and improved productivity drove the improvement in 2009 and more than offset the 16% ( 16 % ) volume decline .\nemployees 2013 employee levels were down 1% ( 1 % ) in 2010 compared to 2009 despite a 13% ( 13 % ) increase in volume levels .\nwe leveraged the additional volumes through network efficiencies and other productivity initiatives .\nin addition , we successfully managed the growth of our full-time-equivalent train and engine force levels at a rate less than half of our carload growth in 2010 .\nall other operating functions and .\n\nQuestion: what is the percentage increase from 2008 customer satisfaction index to the 2010 customer satisfaction index?",
        "solution": "7.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2014/page_172.pdf\n\nID: GS/2014/page_172.pdf-4\n\nPrevious Text:\nnotes to consolidated financial statements guarantees of subsidiaries .\ngroup inc .\nfully and unconditionally guarantees the securities issued by gs finance corp. , a wholly-owned finance subsidiary of the group inc .\nhas guaranteed the payment obligations of goldman , sachs & co .\n( gs&co. ) , gs bank usa and goldman sachs execution & clearing , l.p .\n( gsec ) , subject to certain exceptions .\nin november 2008 , the firm contributed subsidiaries into gs bank usa , and group inc .\nagreed to guarantee the reimbursement of certain losses , including credit-related losses , relating to assets held by the contributed entities .\nin connection with this guarantee , group inc .\nalso agreed to pledge to gs bank usa certain collateral , including interests in subsidiaries and other illiquid assets .\nin addition , group inc .\nguarantees many of the obligations of its other consolidated subsidiaries on a transaction-by- transaction basis , as negotiated with counterparties .\ngroup inc .\nis unable to develop an estimate of the maximum payout under its subsidiary guarantees ; however , because these guaranteed obligations are also obligations of consolidated subsidiaries , group inc . 2019s liabilities as guarantor are not separately disclosed .\nnote 19 .\nshareholders 2019 equity common equity dividends declared per common share were $ 2.25 in 2014 , $ 2.05 in 2013 and $ 1.77 in 2012 .\non january 15 , 2015 , group inc .\ndeclared a dividend of $ 0.60 per common share to be paid on march 30 , 2015 to common shareholders of record on march 2 , 2015 .\nthe firm 2019s share repurchase program is intended to help maintain the appropriate level of common equity .\nthe share repurchase program is effected primarily through regular open-market purchases ( which may include repurchase plans designed to comply with rule 10b5-1 ) , the amounts and timing of which are determined primarily by the firm 2019s current and projected capital position , but which may also be influenced by general market conditions and the prevailing price and trading volumes of the firm 2019s common stock .\nprior to repurchasing common stock , the firm must receive confirmation that the federal reserve board does not object to such capital actions .\nthe table below presents the amount of common stock repurchased by the firm under the share repurchase program during 2014 , 2013 and 2012. .\n\nTable Data:\n[['in millions except per share amounts', 'year ended december 2014', 'year ended december 2013', 'year ended december 2012'], ['common share repurchases', '31.8', '39.3', '42.0'], ['average cost per share', '$ 171.79', '$ 157.11', '$ 110.31'], ['total cost of common share repurchases', '$ 5469', '$ 6175', '$ 4637']]\n\nFollowing Text:\ntotal cost of common share repurchases $ 5469 $ 6175 $ 4637 pursuant to the terms of certain share-based compensation plans , employees may remit shares to the firm or the firm may cancel restricted stock units ( rsus ) or stock options to satisfy minimum statutory employee tax withholding requirements and the exercise price of stock options .\nunder these plans , during 2014 , 2013 and 2012 , employees remitted 174489 shares , 161211 shares and 33477 shares with a total value of $ 31 million , $ 25 million and $ 3 million , and the firm cancelled 5.8 million , 4.0 million and 12.7 million of rsus with a total value of $ 974 million , $ 599 million and $ 1.44 billion .\nunder these plans , the firm also cancelled 15.6 million stock options with a total value of $ 2.65 billion during 2014 .\n170 goldman sachs 2014 annual report .\n\nQuestion: in millions for 2014 2013 and 2012 , what was the greatest amount of common share repurchases?",
        "solution": "42.0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MS/2013/page_223.pdf\n\nID: MS/2013/page_223.pdf-2\n\nPrevious Text:\nmorgan stanley notes to consolidated financial statements 2014 ( continued ) consumer price index ) .\nsenior debt also may be structured to be callable by the company or extendible at the option of holders of the senior debt securities .\ndebt containing provisions that effectively allow the holders to put or extend the notes aggregated $ 1175 million at december 31 , 2013 and $ 1131 million at december 31 , 2012 .\nin addition , separate agreements are entered into by the company 2019s subsidiaries that effectively allow the holders to put the notes aggregated $ 353 million at december 31 , 2013 and $ 1895 million at december 31 , 2012 .\nsubordinated debt and junior subordinated debentures generally are issued to meet the capital requirements of the company or its regulated subsidiaries and primarily are u.s .\ndollar denominated .\nsenior debt 2014structured borrowings .\nthe company 2019s index-linked , equity-linked or credit-linked borrowings include various structured instruments whose payments and redemption values are linked to the performance of a specific index ( e.g. , standard & poor 2019s 500 ) , a basket of stocks , a specific equity security , a credit exposure or basket of credit exposures .\nto minimize the exposure resulting from movements in the underlying index , equity , credit or other position , the company has entered into various swap contracts and purchased options that effectively convert the borrowing costs into floating rates based upon libor .\nthese instruments are included in the preceding table at their redemption values based on the performance of the underlying indices , baskets of stocks , or specific equity securities , credit or other position or index .\nthe company carries either the entire structured borrowing at fair value or bifurcates the embedded derivative and carries it at fair value .\nthe swaps and purchased options used to economically hedge the embedded features are derivatives and also are carried at fair value .\nchanges in fair value related to the notes and economic hedges are reported in trading revenues .\nsee note 4 for further information on structured borrowings .\nsubordinated debt and junior subordinated debentures .\nincluded in the company 2019s long-term borrowings are subordinated notes of $ 9275 million having a contractual weighted average coupon of 4.69% ( 4.69 % ) at december 31 , 2013 and $ 5845 million having a weighted average coupon of 4.81% ( 4.81 % ) at december 31 , 2012 .\njunior subordinated debentures outstanding by the company were $ 4849 million at december 31 , 2013 and $ 4827 million at december 31 , 2012 having a contractual weighted average coupon of 6.37% ( 6.37 % ) at both december 31 , 2013 and december 31 , 2012 .\nmaturities of the subordinated and junior subordinated notes range from 2014 to 2067 .\nmaturities of certain junior subordinated debentures can be extended to 2052 at the company 2019s option .\nasset and liability management .\nin general , securities inventories that are not financed by secured funding sources and the majority of the company 2019s assets are financed with a combination of deposits , short-term funding , floating rate long-term debt or fixed rate long-term debt swapped to a floating rate .\nfixed assets are generally financed with fixed rate long-term debt .\nthe company uses interest rate swaps to more closely match these borrowings to the duration , holding period and interest rate characteristics of the assets being funded and to manage interest rate risk .\nthese swaps effectively convert certain of the company 2019s fixed rate borrowings into floating rate obligations .\nin addition , for non-u.s .\ndollar currency borrowings that are not used to fund assets in the same currency , the company has entered into currency swaps that effectively convert the borrowings into u.s .\ndollar obligations .\nthe company 2019s use of swaps for asset and liability management affected its effective average borrowing rate as follows: .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['weighted average coupon of long-term borrowings at period-end ( 1 )', '4.4% ( 4.4 % )', '4.4% ( 4.4 % )', '4.0% ( 4.0 % )'], ['effective average borrowing rate for long-term borrowings after swaps at period-end ( 1 )', '2.2% ( 2.2 % )', '2.3% ( 2.3 % )', '1.9% ( 1.9 % )']]\n\nFollowing Text:\n( 1 ) included in the weighted average and effective average calculations are non-u.s .\ndollar interest rates .\nother .\nthe company , through several of its subsidiaries , maintains funded and unfunded committed credit facilities to support various businesses , including the collateralized commercial and residential mortgage whole loan , derivative contracts , warehouse lending , emerging market loan , structured product , corporate loan , investment banking and prime brokerage businesses. .\n\nQuestion: what was the effect in difference of average borrowing rate due to the use of swaps in 2012?",
        "solution": "2.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_84.pdf\n\nID: AAPL/2007/page_84.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 8 2014commitments and contingencies ( continued ) the following table reconciles changes in the company 2019s accrued warranties and related costs ( in millions ) : .\n\nTable Data:\n[['', '2007', '2006', '2005'], ['beginning accrued warranty and related costs', '$ 284', '$ 188', '$ 105'], ['cost of warranty claims', '-281 ( 281 )', '-267 ( 267 )', '-188 ( 188 )'], ['accruals for product warranties', '227', '363', '271'], ['ending accrued warranty and related costs', '$ 230', '$ 284', '$ 188']]\n\nFollowing Text:\nthe company generally does not indemnify end-users of its operating system and application software against legal claims that the software infringes third-party intellectual property rights .\nother agreements entered into by the company sometimes include indemnification provisions under which the company could be subject to costs and/or damages in the event of an infringement claim against the company or an indemnified third-party .\nhowever , the company has not been required to make any significant payments resulting from such an infringement claim asserted against itself or an indemnified third-party and , in the opinion of management , does not have a potential liability related to unresolved infringement claims subject to indemnification that would have a material adverse effect on its financial condition or operating results .\ntherefore , the company did not record a liability for infringement costs as of either september 29 , 2007 or september 30 , 2006 .\nconcentrations in the available sources of supply of materials and product certain key components including , but not limited to , microprocessors , enclosures , certain lcds , certain optical drives , and application-specific integrated circuits ( 2018 2018asics 2019 2019 ) are currently obtained by the company from single or limited sources which subjects the company to supply and pricing risks .\nmany of these and other key components that are available from multiple sources including , but not limited to , nand flash memory , dram memory , and certain lcds , are at times subject to industry-wide shortages and significant commodity pricing fluctuations .\nin addition , the company has entered into certain agreements for the supply of critical components at favorable pricing , and there is no guarantee that the company will be able to extend or renew these agreements when they expire .\ntherefore , the company remains subject to significant risks of supply shortages and/or price increases that can adversely affect gross margins and operating margins .\nin addition , the company uses some components that are not common to the rest of the global personal computer , consumer electronics and mobile communication industries , and new products introduced by the company often utilize custom components obtained from only one source until the company has evaluated whether there is a need for and subsequently qualifies additional suppliers .\nif the supply of a key single-sourced component to the company were to be delayed or curtailed , or in the event a key manufacturing vendor delays shipments of completed products to the company , the company 2019s ability to ship related products in desired quantities and in a timely manner could be adversely affected .\nthe company 2019s business and financial performance could also be 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 .\ncontinued availability of these components may be affected if producers were to decide to concentrate on the production of common components instead of components customized to meet the company 2019s requirements .\nfinally , significant portions of the company 2019s cpus , ipods , iphones , logic boards , and other assembled products are now manufactured by outsourcing partners , primarily in various parts of asia .\na significant concentration of this outsourced manufacturing is currently performed by only a few of the company 2019s outsourcing partners , often in single locations .\ncertain of these outsourcing partners are the sole-sourced supplier of components and manufacturing outsourcing for many of the company 2019s key products , including but not limited to , assembly .\n\nQuestion: what was the percentage change in accrued warranties and related costs from 2006 to 2007?",
        "solution": "-19%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2007/page_97.pdf\n\nID: GPN/2007/page_97.pdf-1\n\nPrevious Text:\nitem 11 2014executive compensation we incorporate by reference in this item 11 the information relating to executive and director compensation contained under the headings 201cother information about the board and its committees , 201d 201ccompensation and other benefits 201d and 201creport of the compensation committee 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007 .\nitem 12 2014security ownership of certain beneficial owners andmanagement and related stockholdermatters we incorporate by reference in this item 12 the information relating to ownership of our common stock by certain persons contained under the headings 201ccommon stock ownership of management 201d and 201ccommon stock ownership by certain other persons 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007 .\nwe have four compensation plans under which our equity securities are authorized for issuance .\nthe global payments inc .\namended and restated 2000 long-term incentive plan , global payments inc .\namended and restated 2005 incentive plan , the non-employee director stock option plan , and employee stock purchase plan have been approved by security holders .\nthe information in the table below is as of may 31 , 2007 .\nfor more information on these plans , see note 8 to notes to consolidated financial statements .\nplan category number of securities to be issued upon exercise of outstanding options , warrants and rights weighted- average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders: .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n5171000 $ 25 7779000 ( 1 ) equity compensation plans not approved by security holders: .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2014 2014 2014 total .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n5171000 $ 25 7779000 ( 1 ) ( 1 ) also includes shares of common stock available for issuance other than upon the exercise of an option , warrant or right under the amended and restated 2000 non-employee director stock option plan , the amended and restated 2005 incentive plan and the amended and restated 2000 employee stock purchase item 13 2014certain relationships and related transactions , and director independence we incorporate by reference in this item 13 the information regarding certain relationships and related transactions between us and some of our affiliates and the independence of our board of directors contained under the headings 201ccertain relationships and related transactions 201d and 201cother information about the board and its committees 2014director independence 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007 .\nitem 14 2014principal accounting fees and services we incorporate by reference in this item 14 the information regarding principal accounting fees and services contained under the heading 201cauditor information 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007. .\n\nTable Data:\n[['plan category', 'number of securities to be issued upon exercise of outstanding options warrants and rights ( a )', 'weighted- average exercise price of outstanding options warrants and rights ( b )', 'number of securities remaining available for futureissuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c )', ''], ['equity compensation plans approved by security holders:', '5171000', '$ 25', '7779000', '-1 ( 1 )'], ['equity compensation plans not approved by security holders:', '2014', '2014', '2014', ''], ['total', '5171000', '$ 25', '7779000', '-1 ( 1 )']]\n\nFollowing Text:\nitem 11 2014executive compensation we incorporate by reference in this item 11 the information relating to executive and director compensation contained under the headings 201cother information about the board and its committees , 201d 201ccompensation and other benefits 201d and 201creport of the compensation committee 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007 .\nitem 12 2014security ownership of certain beneficial owners andmanagement and related stockholdermatters we incorporate by reference in this item 12 the information relating to ownership of our common stock by certain persons contained under the headings 201ccommon stock ownership of management 201d and 201ccommon stock ownership by certain other persons 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007 .\nwe have four compensation plans under which our equity securities are authorized for issuance .\nthe global payments inc .\namended and restated 2000 long-term incentive plan , global payments inc .\namended and restated 2005 incentive plan , the non-employee director stock option plan , and employee stock purchase plan have been approved by security holders .\nthe information in the table below is as of may 31 , 2007 .\nfor more information on these plans , see note 8 to notes to consolidated financial statements .\nplan category number of securities to be issued upon exercise of outstanding options , warrants and rights weighted- average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders: .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n5171000 $ 25 7779000 ( 1 ) equity compensation plans not approved by security holders: .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2014 2014 2014 total .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n5171000 $ 25 7779000 ( 1 ) ( 1 ) also includes shares of common stock available for issuance other than upon the exercise of an option , warrant or right under the amended and restated 2000 non-employee director stock option plan , the amended and restated 2005 incentive plan and the amended and restated 2000 employee stock purchase item 13 2014certain relationships and related transactions , and director independence we incorporate by reference in this item 13 the information regarding certain relationships and related transactions between us and some of our affiliates and the independence of our board of directors contained under the headings 201ccertain relationships and related transactions 201d and 201cother information about the board and its committees 2014director independence 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007 .\nitem 14 2014principal accounting fees and services we incorporate by reference in this item 14 the information regarding principal accounting fees and services contained under the heading 201cauditor information 201d from our proxy statement to be delivered in connection with our 2007 annual meeting of shareholders to be held on september 26 , 2007. .\n\nQuestion: what is the total number of approved securities by the security holders?",
        "solution": "12950000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2013/page_21.pdf\n\nID: UNP/2013/page_21.pdf-4\n\nPrevious Text:\nfive-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 .\nthe graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2008 and that all dividends were reinvested .\nthe information below is historical in nature and is not necessarily indicative of future performance .\npurchases of equity securities 2013 during 2013 , we repurchased 14996957 shares of our common stock at an average price of $ 152.14 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2013 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares that may yet be purchased under the plan or program [b] .\n\nTable Data:\n[['period', 'total number ofsharespurchased [a]', 'averageprice paidper share', 'total number of sharespurchased as part ofapublicly announced planor program [b]', 'maximum number ofshares that may yetbe purchased under the planor program [b]'], ['oct . 1 through oct . 31', '1405535', '153.18', '1405535', '4020650'], ['nov . 1 through nov . 30', '1027840', '158.66', '1025000', '2995650'], ['dec . 1 through dec . 31', '2500944', '163.14', '2498520', '497130'], ['total', '4934319', '$ 159.37', '4929055', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 5264 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] on april 1 , 2011 , our board of directors authorized the repurchase of up to 40 million shares of our common stock by march 31 , 2014 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions .\non november 21 , 2013 , the board of directors approved the early renewal of the share repurchase program , authorizing the repurchase of 60 million common shares by december 31 , 2017 .\nthe new authorization is effective january 1 , 2014 , and replaces the previous authorization , which expired on december 31 , 2013 , three months earlier than its original expiration date. .\n\nQuestion: what percentage of total shares purchased where purchased in october?",
        "solution": "28%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2015/page_123.pdf\n\nID: HWM/2015/page_123.pdf-2\n\nPrevious Text:\nduring the 2015 annual review of goodwill , management proceeded directly to the two-step quantitative impairment test for two reporting units as follows : global rolled products segment and the soft alloys extrusion business in brazil ( hereafter 201csae 201d ) , which is included in the transportation and construction solutions segment .\nthe estimated fair value of the global rolled products segment was substantially in excess of its respective carrying value , resulting in no impairment .\nfor sae , the estimated fair value as determined by the dcf model was lower than the associated carrying value .\nas a result , management performed the second step of the impairment analysis in order to determine the implied fair value of the sae reporting unit 2019s goodwill .\nthe results of the second-step analysis showed that the implied fair value of the goodwill was zero .\ntherefore , in the fourth quarter of 2015 , alcoa recorded a goodwill impairment of $ 25 .\nthe impairment of the sae goodwill resulted from headwinds from the recent downturn in the brazilian economy and the continued erosion of gross margin despite the execution of cost reduction strategies .\nas a result of the goodwill impairment , there is no goodwill remaining for the sae reporting unit .\ngoodwill impairment tests in prior years indicated that goodwill was not impaired for any of the company 2019s reporting units , except for the primary metals segment in 2013 ( see below ) , and there were no triggering events since that time that necessitated an impairment test .\nin 2013 , for primary metals , the estimated fair value as determined by the dcf model was lower than the associated carrying value .\nas a result , management performed the second step of the impairment analysis in order to determine the implied fair value of primary metals 2019 goodwill .\nthe results of the second-step analysis showed that the implied fair value of goodwill was zero .\ntherefore , in the fourth quarter of 2013 , alcoa recorded a goodwill impairment of $ 1731 ( $ 1719 after noncontrolling interest ) .\nas a result of the goodwill impairment , there is no goodwill remaining for the primary metals reporting unit .\nthe impairment of primary metals 2019 goodwill resulted from several causes : the prolonged economic downturn ; a disconnect between industry fundamentals and pricing that has resulted in lower metal prices ; and the increased cost of alumina , a key raw material , resulting from expansion of the alumina price index throughout the industry .\nall of these factors , exacerbated by increases in discount rates , continue to place significant downward pressure on metal prices and operating margins , and the resulting estimated fair value , of the primary metals business .\nas a result , management decreased the near-term and long-term estimates of the operating results and cash flows utilized in assessing primary metals 2019 goodwill for impairment .\nthe valuation of goodwill for the second step of the goodwill impairment analysis is considered a level 3 fair value measurement , which means that the valuation of the assets and liabilities reflect management 2019s own judgments regarding the assumptions market participants would use in determining the fair value of the assets and liabilities .\nintangible assets with indefinite useful lives are not amortized while intangible assets with finite useful lives are amortized generally on a straight-line basis over the periods benefited .\nthe following table details the weighted- average useful lives of software and other intangible assets by reporting segment ( numbers in years ) : .\n\nTable Data:\n[['segment', 'software', 'other intangible assets'], ['alumina', '7', '15'], ['primary metals', '6', '37'], ['global rolled products', '9', '14'], ['engineered products and solutions', '7', '32'], ['transportation and construction solutions', '8', '23']]\n\nFollowing Text:\nequity investments .\nalcoa invests in a number of privately-held companies , primarily through joint ventures and consortia , which are accounted for using the equity method .\nthe equity method is applied in situations where alcoa has the ability to exercise significant influence , but not control , over the investee .\nmanagement reviews equity investments for impairment whenever certain indicators are present suggesting that the carrying value of an investment is not recoverable .\nthis analysis requires a significant amount of judgment from management to identify events or circumstances indicating that an equity investment is impaired .\nthe following items are examples of impairment indicators : significant , sustained declines in an investee 2019s revenue , earnings , and cash .\n\nQuestion: what is the variation between the weighted- average useful lives of software and other intangible assets by primary metals segment , in years?",
        "solution": "31"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: REGN/2010/page_72.pdf\n\nID: REGN/2010/page_72.pdf-3\n\nPrevious Text:\nwe prepare estimates of research and development costs for projects in clinical development , which include direct costs and allocations of certain costs such as indirect labor , non-cash compensation expense , and manufacturing and other costs related to activities that benefit multiple projects , and , under our collaboration with bayer healthcare , the portion of bayer healthcare 2019s vegf trap-eye development expenses that we are obligated to reimburse .\nour estimates of research and development costs for clinical development programs are shown below : project costs year ended december 31 , increase ( decrease ) ( in millions ) 2009 2008 .\n\nTable Data:\n[['project costs ( in millions )', 'project costs 2009', '2008', '( decrease )'], ['arcalyst ae', '$ 67.7', '$ 39.2', '$ 28.5'], ['vegf trap-eye', '109.8', '82.7', '27.1'], ['aflibercept', '23.3', '32.1', '-8.8 ( 8.8 )'], ['regn88', '36.9', '21.4', '15.5'], ['other antibody candidates in clinical development', '74.4', '27.4', '47.0'], ['other research programs & unallocated costs', '86.7', '72.1', '14.6'], ['total research and development expenses', '$ 398.8', '$ 274.9', '$ 123.9']]\n\nFollowing Text:\nfor the reasons described above in results of operations for the years ended december 31 , 2010 and 2009 , under the caption 201cresearch and development expenses 201d , and due to the variability in the costs necessary to develop a pharmaceutical product and the uncertainties related to future indications to be studied , the estimated cost and scope of the projects , and our ultimate ability to obtain governmental approval for commercialization , accurate and meaningful estimates of the total cost to bring our product candidates to market are not available .\nsimilarly , we are currently unable to reasonably estimate if our product candidates will generate material product revenues and net cash inflows .\nin 2008 , we received fda approval for arcalyst ae for the treatment of caps , a group of rare , inherited auto-inflammatory diseases that affect a very small group of people .\nwe currently do not expect to generate material product revenues and net cash inflows from the sale of arcalyst ae for the treatment of caps .\nselling , general , and administrative expenses selling , general , and administrative expenses increased to $ 52.9 million in 2009 from $ 48.9 million in 2008 .\nin 2009 , we incurred ( i ) higher compensation expense , ( ii ) higher patent-related costs , ( iii ) higher facility-related costs due primarily to increases in administrative headcount , and ( iv ) higher patient assistance costs related to arcalyst ae .\nthese increases were partly offset by ( i ) lower marketing costs related to arcalyst ae , ( ii ) a decrease in administrative recruitment costs , and ( iii ) lower professional fees related to various corporate matters .\ncost of goods sold during 2008 , we began recognizing revenue and cost of goods sold from net product sales of arcalyst ae .\ncost of goods sold in 2009 and 2008 was $ 1.7 million and $ 0.9 million , respectively , and consisted primarily of royalties and other period costs related to arcalyst ae commercial supplies .\nin 2009 and 2008 , arcalyst ae shipments to our customers consisted of supplies of inventory manufactured and expensed as research and development costs prior to fda approval in 2008 ; therefore , the costs of these supplies were not included in costs of goods sold .\nother income and expense investment income decreased to $ 4.5 million in 2009 from $ 18.2 million in 2008 , due primarily to lower yields on , and lower balances of , cash and marketable securities .\nin addition , in 2009 and 2008 , deterioration in the credit quality of specific marketable securities in our investment portfolio subjected us to the risk of not being able to recover these securities 2019 carrying values .\nas a result , in 2009 and 2008 , we recognized charges of $ 0.1 million and $ 2.5 million , respectively , related to these securities , which we considered to be other than temporarily impaired .\nin 2009 and 2008 , these charges were either wholly or partly offset by realized gains of $ 0.2 million and $ 1.2 million , respectively , on sales of marketable securities during the year. .\n\nQuestion: what was the percentage change in research and development costs related to arcalyst ae from 2008 to 2009?",
        "solution": "73%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2006/page_68.pdf\n\nID: PKG/2006/page_68.pdf-1\n\nPrevious Text:\npackaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 .\nstock-based compensation ( continued ) as of december 31 , 2006 , there was $ 8330000 of total unrecognized compensation costs related to the restricted stock awards .\nthe company expects to recognize the cost of these stock awards over a weighted-average period of 2.5 years .\n5 .\naccrued liabilities the components of accrued liabilities are as follows: .\n\nTable Data:\n[['( in thousands )', 'december 31 , 2006', 'december 31 , 2005'], ['bonuses and incentives', '$ 29822', '$ 21895'], ['medical insurance and workers 2019 compensation', '18279', '18339'], ['vacation and holiday pay', '14742', '14159'], ['customer volume discounts and rebates', '13777', '13232'], ['franchise and property taxes', '8432', '8539'], ['payroll and payroll taxes', '5465', '4772'], ['other', '9913', '5889'], ['total', '$ 100430', '$ 86825']]\n\nFollowing Text:\n6 .\nemployee benefit plans and other postretirement benefits in connection with the acquisition from pactiv , pca and pactiv entered into a human resources agreement which , among other items , granted pca employees continued participation in the pactiv pension plan for a period of up to five years following the closing of the acquisition for an agreed upon fee .\neffective january 1 , 2003 , pca adopted a mirror-image pension plan for eligible hourly employees to succeed the pactiv pension plan in which pca hourly employees had participated though december 31 , 2002 .\nthe pca pension plan for hourly employees recognizes service earned under both the pca plan and the prior pactiv plan .\nbenefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through december 31 , 2002 .\nall assets and liabilities associated with benefits earned through december 31 , 2002 for hourly employees and retirees of pca were retained by the pactiv plan .\neffective may 1 , 2004 , pca adopted a grandfathered pension plan for certain salaried employees who had previously participated in the pactiv pension plan pursuant to the above mentioned human resource agreement .\nthe benefit formula for the new pca pension plan for salaried employees is comparable to that of the pactiv plan except that the pca plan uses career average base pay in the benefit formula in lieu of final average base pay .\nthe pca pension plan for salaried employees recognizes service earned under both the pca plan and the prior pactiv plan .\nbenefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through april 30 , 2004 .\nall assets and liabilities associated with benefits earned through april 30 , 2004 for salaried employees and retirees of pca were retained by the pactiv plan .\npca maintains a supplemental executive retirement plan ( 201cserp 201d ) , which augments pension benefits for eligible executives ( excluding the ceo ) earned under the pca pension plan for salaried employees .\nbenefits are determined using the same formula as the pca pension plan but in addition to counting .\n\nQuestion: as of december 312006 what was the expected annual unrecognized compensation to be recognized in the future periods",
        "solution": "3332000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ILMN/2007/page_84.pdf\n\nID: ILMN/2007/page_84.pdf-2\n\nPrevious Text:\nstock 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 ) .\nupon adoption of the 2005 stock plan , issuance of options under the company 2019s existing 2000 stock plan ceased .\nadditionally , in connection with the acquisition of solexa , the company assumed stock options granted under the 2005 solexa equity incentive plan ( the 2005 solexa equity plan ) .\nas of december 30 , 2007 , an aggregate of up to 13485619 shares of the company 2019s common stock were reserved for issuance under the 2005 stock plan and the 2005 solexa equity plan .\nthe 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 .\nas of december 30 , 2007 , options to purchase 1834384 shares remained available for future grant under the 2005 stock plan and 2005 solexa equity plan .\nthe company 2019s stock option activity under all stock option plans from january 2 , 2005 through december 30 , 2007 is as follows : options weighted- average exercise price .\n\nTable Data:\n[['', 'options', 'weighted- average exercise price'], ['outstanding at january 2 2005', '6205020', '$ 6.99'], ['granted', '2992300', '$ 10.02'], ['exercised', '-869925 ( 869925 )', '$ 4.66'], ['cancelled', '-1001964 ( 1001964 )', '$ 11.00'], ['outstanding at january 1 2006', '7325431', '$ 7.96'], ['granted', '2621050', '$ 27.24'], ['exercised', '-1273119 ( 1273119 )', '$ 7.28'], ['cancelled', '-314242 ( 314242 )', '$ 12.44'], ['outstanding at december 31 2006', '8359120', '$ 13.94'], ['options assumed through business combination', '1424332', '$ 21.37'], ['granted', '3784508', '$ 40.64'], ['exercised', '-2179286 ( 2179286 )', '$ 12.06'], ['cancelled', '-964740 ( 964740 )', '$ 22.38'], ['outstanding at december 30 2007', '10423934', '$ 24.26']]\n\nFollowing Text:\nillumina , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the total value of granted options in 2006 , in millions?",
        "solution": "71.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2010/page_212.pdf\n\nID: CB/2010/page_212.pdf-1\n\nPrevious Text:\ns c h e d u l e i v ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2010 , 2009 , and 2008 ( in millions of u.s .\ndollars , except for percentages ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to .\n\nTable Data:\n[['for the years ended december 31 2010 2009 and 2008 ( in millions of u.s . dollars except for percentages )', 'directamount', 'ceded to other companies', 'assumed from other companies', 'net amount', 'percentage of amount assumed to net'], ['2010', '$ 15780', '$ 5792', '$ 3516', '$ 13504', '26% ( 26 % )'], ['2009', '$ 15415', '$ 5943', '$ 3768', '$ 13240', '28% ( 28 % )'], ['2008', '$ 16087', '$ 6144', '$ 3260', '$ 13203', '25% ( 25 % )']]\n\nFollowing Text:\n.\n\nQuestion: in 2010 what was the ratio of the value of the direct amount of the premiums to the amount ceded to other companies",
        "solution": "2.724"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2003/page_100.pdf\n\nID: JPM/2003/page_100.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements j.p .\nmorgan chase & co .\n98 j.p .\nmorgan chase & co .\n/ 2003 annual report securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions primarily to finance the firm 2019s inventory positions , acquire securities to cover short positions and settle other securities obligations .\nthe firm also enters into these transactions to accommodate customers 2019 needs .\nsecurities purchased under resale agreements ( 201cresale agreements 201d ) and securities sold under repurchase agreements ( 201crepurchase agreements 201d ) are generally treated as collateralized financing transactions and are carried on the consolidated bal- ance sheet at the amounts the securities will be subsequently sold or repurchased , plus accrued interest .\nwhere appropriate , resale and repurchase agreements with the same counterparty are reported on a net basis in accordance with fin 41 .\njpmorgan chase takes possession of securities purchased under resale agreements .\non a daily basis , jpmorgan chase monitors the market value of the underlying collateral received from its counterparties , consisting primarily of u.s .\nand non-u.s .\ngovern- ment and agency securities , and requests additional collateral from its counterparties when necessary .\nsimilar transactions that do not meet the sfas 140 definition of a repurchase agreement are accounted for as 201cbuys 201d and 201csells 201d rather than financing transactions .\nthese transactions are accounted for as a purchase ( sale ) of the underlying securities with a forward obligation to sell ( purchase ) the securities .\nthe forward purchase ( sale ) obligation , a derivative , is recorded on the consolidated balance sheet at its fair value , with changes in fair value recorded in trading revenue .\nnotional amounts of these transactions accounted for as purchases under sfas 140 were $ 15 billion and $ 8 billion at december 31 , 2003 and 2002 , respectively .\nnotional amounts of these transactions accounted for as sales under sfas 140 were $ 8 billion and $ 13 billion at december 31 , 2003 and 2002 , respectively .\nbased on the short-term duration of these contracts , the unrealized gain or loss is insignificant .\nsecurities borrowed and securities lent are recorded at the amount of cash collateral advanced or received .\nsecurities bor- rowed consist primarily of government and equity securities .\njpmorgan chase monitors the market value of the securities borrowed and lent on a daily basis and calls for additional col- lateral when appropriate .\nfees received or paid are recorded in interest income or interest expense. .\n\nTable Data:\n[['december 31 ( in millions )', '2003', '2002'], ['securities purchased under resale agreements', '$ 62801', '$ 57645'], ['securities borrowed', '41834', '34143'], ['securities sold under repurchase agreements', '$ 105409', '$ 161394'], ['securities loaned', '2461', '1661']]\n\nFollowing Text:\nnote 10 jpmorgan chase pledges certain financial instruments it owns to collateralize repurchase agreements and other securities financ- ings .\npledged securities that can be sold or repledged by the secured party are identified as financial instruments owned ( pledged to various parties ) on the consolidated balance sheet .\nat december 31 , 2003 , the firm had received securities as col- lateral that can be repledged , delivered or otherwise used with a fair value of approximately $ 210 billion .\nthis collateral was gen- erally obtained under resale or securities-borrowing agreements .\nof these securities , approximately $ 197 billion was repledged , delivered or otherwise used , generally as collateral under repur- chase agreements , securities-lending agreements or to cover short sales .\nnotes to consolidated financial statements j.p .\nmorgan chase & co .\nloans are reported at the principal amount outstanding , net of the allowance for loan losses , unearned income and any net deferred loan fees .\nloans held for sale are carried at the lower of aggregate cost or fair value .\nloans are classified as 201ctrading 201d for secondary market trading activities where positions are bought and sold to make profits from short-term movements in price .\nloans held for trading purposes are included in trading assets and are carried at fair value , with the gains and losses included in trading revenue .\ninterest income is recognized using the interest method , or on a basis approximating a level rate of return over the term of the loan .\nnonaccrual loans are those on which the accrual of interest is discontinued .\nloans ( other than certain consumer loans discussed below ) are placed on nonaccrual status immediately if , in the opinion of management , full payment of principal or interest is in doubt , or when principal or interest is 90 days or more past due and collateral , if any , is insufficient to cover prin- cipal and interest .\ninterest accrued but not collected at the date a loan is placed on nonaccrual status is reversed against interest income .\nin addition , the amortization of net deferred loan fees is suspended .\ninterest income on nonaccrual loans is recognized only to the extent it is received in cash .\nhowever , where there is doubt regarding the ultimate collectibility of loan principal , all cash thereafter received is applied to reduce the carrying value of the loan .\nloans are restored to accrual status only when interest and principal payments are brought current and future payments are reasonably assured .\nconsumer loans are generally charged to the allowance for loan losses upon reaching specified stages of delinquency , in accor- dance with the federal financial institutions examination council ( 201cffiec 201d ) policy .\nfor example , credit card loans are charged off at the earlier of 180 days past due or within 60 days from receiving notification of the filing of bankruptcy .\nresidential mortgage products are generally charged off to net realizable value at 180 days past due .\nother consumer products are gener- ally charged off ( to net realizable value if collateralized ) at 120 days past due .\naccrued interest on residential mortgage products , automobile financings and certain other consumer loans are accounted for in accordance with the nonaccrual loan policy note 11 .\n\nQuestion: do residential mortgage products have a longer past due period than other consumer products ? .",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2015/page_148.pdf\n\nID: RE/2015/page_148.pdf-2\n\nPrevious Text:\nthe following table summarized the status of the company 2019s non-vested performance share unit awards and changes for the period indicated : weighted- average grant date performance share unit awards shares fair value .\n\nTable Data:\n[['performance share unit awards', 'year ended december 31 2015 shares', 'year ended december 31 2015 weighted- average grant date fair value'], ['outstanding at january 1,', '-', '$ -'], ['granted', '10705', '178.84'], ['vested', '-', '-'], ['forfeited', '-', '-'], ['outstanding at december 31,', '10705', '178.84']]\n\nFollowing Text:\n19 .\nsegment reporting the u.s .\nreinsurance operation writes property and casualty reinsurance and specialty lines of business , including marine , aviation , surety and accident and health ( 201ca&h 201d ) business , on both a treaty and facultative basis , through reinsurance brokers , as well as directly with ceding companies primarily within the u.s .\nthe international operation writes non-u.s .\nproperty and casualty reinsurance through everest re 2019s branches in canada and singapore and through offices in brazil , miami and new jersey .\nthe bermuda operation provides reinsurance and insurance to worldwide property and casualty markets through brokers and directly with ceding companies from its bermuda office and reinsurance to the united kingdom and european markets through its uk branch and ireland re .\nthe insurance operation writes property and casualty insurance directly and through general agents , brokers and surplus lines brokers within the u.s .\nand canada .\nthe mt .\nlogan re segment represents business written for the segregated accounts of mt .\nlogan re , which were formed on july 1 , 2013 .\nthe mt .\nlogan re business represents a diversified set of catastrophe exposures , diversified by risk/peril and across different geographical regions globally .\nthese segments , with the exception of mt .\nlogan re , are managed independently , but conform with corporate guidelines with respect to pricing , risk management , control of aggregate catastrophe exposures , capital , investments and support operations .\nmanagement generally monitors and evaluates the financial performance of these operating segments based upon their underwriting results .\nthe mt .\nlogan re segment is managed independently and seeks to write a diverse portfolio of catastrophe risks for each segregated account to achieve desired risk and return criteria .\nunderwriting results include earned premium less losses and loss adjustment expenses ( 201clae 201d ) incurred , commission and brokerage expenses and other underwriting expenses .\nwe measure our underwriting results using ratios , in particular loss , commission and brokerage and other underwriting expense ratios , which , respectively , divide incurred losses , commissions and brokerage and other underwriting expenses by premiums earned .\nmt .\nlogan re 2019s business is sourced through operating subsidiaries of the company ; however , the activity is only reflected in the mt .\nlogan re segment .\nfor other inter-affiliate reinsurance , business is generally reported within the segment in which the business was first produced , consistent with how the business is managed .\nexcept for mt .\nlogan re , the company does not maintain separate balance sheet data for its operating segments .\naccordingly , the company does not review and evaluate the financial results of its operating segments based upon balance sheet data. .\n\nQuestion: as of year ended december 31 2015 what is the value of the shares granted",
        "solution": "1914482.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2012/page_65.pdf\n\nID: ADI/2012/page_65.pdf-1\n\nPrevious Text:\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) asu no .\n2011-05 is effective for fiscal years , and interim periods within those years , beginning after december 15 , 2011 , which is the company 2019s fiscal year 2013 .\nsubsequently , in december 2011 , the fasb issued asu no .\n2011-12 , deferral of the effective date for amendments to the presentation of reclassifications of items out of accumulated other comprehensive income in accounting standards update no .\n2011-05 ( asu no .\n2011-12 ) , which defers only those changes in asu no .\n2011-05 that relate to the presentation of reclassification adjustments but does not affect all other requirements in asu no .\n2011-05 .\nthe adoption of asu no .\n2011-05 and asu no .\n2011-12 will affect the presentation of comprehensive income but will not materially impact the company 2019s financial condition or results of operations .\nu .\ndiscontinued operations in november 2007 , the company entered into a purchase and sale agreement with certain subsidiaries of on semiconductor corporation to sell the company 2019s cpu voltage regulation and pc thermal monitoring business which consisted of core voltage regulator products for the central processing unit in computing and gaming applications and temperature sensors and fan-speed controllers for managing the temperature of the central processing unit .\nduring fiscal 2008 , the company completed the sale of this business .\nin the first quarter of fiscal 2010 , proceeds of $ 1 million were released from escrow and $ 0.6 million net of tax was recorded as additional gain from the sale of discontinued operations .\nthe company does not expect any additional proceeds from this sale .\nin september 2007 , the company entered into a definitive agreement to sell its baseband chipset business to mediatek inc .\nthe decision to sell the baseband chipset business was due to the company 2019s decision to focus its resources in areas where its signal processing expertise can provide unique capabilities and earn superior returns .\nduring fiscal 2008 , the company completed the sale of its baseband chipset business for net cash proceeds of $ 269 million .\nthe company made cash payments of $ 1.7 million during fiscal 2009 related to retention payments for employees who transferred to mediatek inc .\nand for the reimbursement of intellectual property license fees incurred by mediatek .\nduring fiscal 2010 , the company received cash proceeds of $ 62 million as a result of the receipt of a refundable withholding tax and also recorded an additional gain on sale of $ 0.3 million , or $ 0.2 million net of tax , due to the settlement of certain items at less than the amounts accrued .\nin fiscal 2011 , additional proceeds of $ 10 million were released from escrow and $ 6.5 million net of tax was recorded as additional gain from the sale of discontinued operations .\nthe company does not expect any additional proceeds from this sale .\nthe following amounts related to the cpu voltage regulation and pc thermal monitoring and baseband chipset businesses have been segregated from continuing operations and reported as discontinued operations. .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['gain on sale of discontinued operations before income taxes', '$ 2014', '$ 10000', '$ 1316'], ['provision for income taxes', '2014', '3500', '457'], ['gain on sale of discontinued operations net of tax', '$ 2014', '$ 6500', '$ 859']]\n\nFollowing Text:\n3 .\nstock-based compensation and shareholders 2019 equity equity compensation plans the company grants , or has granted , stock options and other stock and stock-based awards under the 2006 stock incentive plan ( 2006 plan ) .\nthe 2006 plan was approved by the company 2019s board of directors on january 23 , 2006 and was approved by shareholders on march 14 , 2006 and subsequently amended in march 2006 , june 2009 , september 2009 , december 2009 , december 2010 and june 2011 .\nthe 2006 plan provides for the grant of up to 15 million shares of the company 2019s common stock , plus such number of additional shares that were subject to outstanding options under the company 2019s previous plans that are not issued because the applicable option award subsequently terminates or expires without being exercised .\nthe 2006 plan provides for the grant of incentive stock options intended to qualify under section 422 of the internal revenue code of 1986 , as amended , non-statutory stock options , stock appreciation rights , restricted stock , restricted stock units and other stock-based awards .\nemployees , officers , directors , consultants and advisors of the company and its subsidiaries are eligible to be granted awards under the 2006 plan .\nno award may be made under the 2006 plan after march 13 , 2016 , but awards previously granted may extend beyond that date .\nthe company will not grant further options under any previous plans .\nwhile the company may grant to employees options that become exercisable at different times or within different periods , the company has generally granted to employees options that vest over five years and become exercisable in annual installments of 20% ( 20 % ) on each of the first , second , third , fourth and fifth anniversaries of the date of grant ; 33.3% ( 33.3 % ) on each of the third , fourth , and fifth anniversaries of the date of grant ; or in annual installments of 25% ( 25 % ) on each of the second , third , fourth .\n\nQuestion: what is the effective income tax rate in 2011 based on the information about the gains on sales of discontinued operations?",
        "solution": "35%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2014/page_21.pdf\n\nID: UNP/2014/page_21.pdf-4\n\nPrevious Text:\nfive-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 .\nthe graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2009 and that all dividends were reinvested .\nthe information below is historical in nature and is not necessarily indicative of future performance .\npurchases of equity securities 2013 during 2014 , we repurchased 33035204 shares of our common stock at an average price of $ 100.24 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2014 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares that may yet be purchased under the plan or program [b] .\n\nTable Data:\n[['period', 'total number ofsharespurchased[a]', 'averageprice paidpershare', 'total number of sharespurchased as part of apublicly announcedplan or program [b]', 'maximum number ofshares that may yetbe purchased under the planor program [b]'], ['oct . 1 through oct . 31', '3087549', '$ 107.59', '3075000', '92618000'], ['nov . 1 through nov . 30', '1877330', '119.84', '1875000', '90743000'], ['dec . 1 through dec . 31', '2787108', '116.54', '2786400', '87956600'], ['total', '7751987', '$ 113.77', '7736400', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 15587 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] effective january 1 , 2014 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2017 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions. .\n\nQuestion: what percentage of total number of shares purchased were purchased in november?",
        "solution": "24%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2013/page_175.pdf\n\nID: STT/2013/page_175.pdf-1\n\nPrevious Text:\nstate street corporation notes to consolidated financial statements ( continued ) with respect to the 5.25% ( 5.25 % ) subordinated bank notes due 2018 , state street bank is required to make semi- annual interest payments on the outstanding principal balance of the notes on april 15 and october 15 of each year , and the notes qualify for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines .\nwith respect to the 5.30% ( 5.30 % ) subordinated notes due 2016 and the floating-rate subordinated notes due 2015 , state street bank is required to make semi-annual interest payments on the outstanding principal balance of the 5.30% ( 5.30 % ) subordinated notes on january 15 and july 15 of each year , and quarterly interest payments on the outstanding principal balance of the floating-rate notes on march 8 , june 8 , september 8 and december 8 of each year .\neach of the subordinated notes qualifies for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines .\nnote 11 .\ncommitments , guarantees and contingencies commitments : we had unfunded off-balance sheet commitments to extend credit totaling $ 21.30 billion and $ 17.86 billion as of december 31 , 2013 and 2012 , respectively .\nthe potential losses associated with these commitments equal the gross contractual amounts , and do not consider the value of any collateral .\napproximately 75% ( 75 % ) of our unfunded commitments to extend credit expire within one year from the date of issue .\nsince many of these commitments are expected to expire or renew without being drawn upon , the gross contractual amounts do not necessarily represent our future cash requirements .\nguarantees : off-balance sheet guarantees are composed of indemnified securities financing , stable value protection , unfunded commitments to purchase assets , and standby letters of credit .\nthe potential losses associated with these guarantees equal the gross contractual amounts , and do not consider the value of any collateral .\nthe following table presents the aggregate gross contractual amounts of our off-balance sheet guarantees as of december 31 , 2013 and 2012 .\namounts presented do not reflect participations to independent third parties. .\n\nTable Data:\n[['( in millions )', '2013', '2012'], ['indemnified securities financing', '$ 320078', '$ 302341'], ['stable value protection', '24906', '33512'], ['asset purchase agreements', '4685', '5063'], ['standby letters of credit', '4612', '4552']]\n\nFollowing Text:\nindemnified securities financing on behalf of our clients , we lend their securities , as agent , to brokers and other institutions .\nin most circumstances , we indemnify our clients for the fair market value of those securities against a failure of the borrower to return such securities .\nwe require the borrowers to maintain collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .\nsecurities on loan and the collateral are revalued daily to determine if additional collateral is necessary or if excess collateral is required to be returned to the borrower .\ncollateral received in connection with our securities lending services is held by us as agent and is not recorded in our consolidated statement of condition .\nthe cash collateral held by us as agent is invested on behalf of our clients .\nin certain cases , the cash collateral is invested in third-party repurchase agreements , for which we indemnify the client against loss of the principal invested .\nwe require the counterparty to the indemnified repurchase agreement to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .\nin our role as agent , the indemnified repurchase agreements and the related collateral held by us are not recorded in our consolidated statement of condition. .\n\nQuestion: what percent did indemnified securities financing increase from 2012 to 2013?",
        "solution": "5.867%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2006/page_22.pdf\n\nID: PPG/2006/page_22.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis value of the company 2019s obligation relating to asbestos claims under the ppg settlement arrangement .\nthe legal settlements net of insurance included aftertax charges of $ 80 million for the marvin legal settlement , net of insurance recoveries of $ 11 million , and $ 37 million for the impact of the federal glass class action antitrust legal settlement .\nresults of reportable business segments net sales segment income ( millions ) 2006 2005 2006 2005 .\n\nTable Data:\n[['( millions )', 'net sales 2006', 'net sales 2005', 'net sales 2006', '2005'], ['industrial coatings', '$ 3236', '$ 2921', '$ 349', '$ 284'], ['performance and applied coatings', '3088', '2668', '514', '464'], ['optical and specialty materials', '1001', '867', '223', '158'], ['commodity chemicals', '1483', '1531', '285', '313'], ['glass', '2229', '2214', '148', '123']]\n\nFollowing Text:\nindustrial coatings sales increased $ 315 million or 11% ( 11 % ) in 2006 .\nsales increased 4% ( 4 % ) due to acquisitions , 4% ( 4 % ) due to increased volumes in the automotive , industrial and packaging coatings operating segments , 2% ( 2 % ) due to higher selling prices , particularly in the industrial and packaging coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation .\nsegment income increased $ 65 million in 2006 .\nthe increase in segment income was primarily due to the impact of increased sales volume , lower overhead and manufacturing costs , and the impact of acquisitions .\nsegment income was reduced by the adverse impact of inflation , which was substantially offset by higher selling prices .\nperformance and applied coatings sales increased $ 420 million or 16% ( 16 % ) in 2006 .\nsales increased 8% ( 8 % ) due to acquisitions , 4% ( 4 % ) due to higher selling prices in the refinish , aerospace and architectural coatings operating segments , 3% ( 3 % ) due to increased volumes in our aerospace and architectural coatings businesses and 1% ( 1 % ) due to the positive effects of foreign currency translation .\nsegment income increased $ 50 million in 2006 .\nthe increase in segment income was primarily due to the impact of increased sales volume and higher selling prices , which more than offset the impact of inflation .\nsegment income was reduced by increased overhead costs to support growth in our architectural coatings business .\noptical and specialty materials sales increased $ 134 million or 15% ( 15 % ) in 2006 .\nsales increased 10% ( 10 % ) due to higher volumes , particularly in optical products and fine chemicals and 5% ( 5 % ) due to acquisitions in our optical products business .\nsegment income increased $ 65 million in 2006 .\nthe absence of the 2005 charge for an asset impairment in our fine chemicals business increased segment income by $ 27 million .\nthe remaining $ 38 million increase in segment income was primarily due to increased volumes , lower manufacturing costs , and the absence of the 2005 hurricane costs of $ 3 million , net of 2006 insurance recoveries , which were only partially offset by increased overhead costs in our optical products business to support growth and the negative impact of inflation .\ncommodity chemicals sales decreased $ 48 million or 3% ( 3 % ) in 2006 .\nsales decreased 4% ( 4 % ) due to lower chlor-alkali volumes and increased 1% ( 1 % ) due to higher selling prices .\nsegment income decreased $ 28 million in 2006 .\nthe year- over-year decline in segment income was due primarily to lower sales volumes and higher manufacturing costs associated with reduced production levels .\nthe absence of the 2005 charges for direct costs related to hurricanes increased segment income by $ 29 million .\nthe impact of higher selling prices ; lower inflation , primarily natural gas costs , and an insurance recovery of $ 10 million related to the 2005 hurricane losses also increased segment income in 2006 .\nour fourth-quarter chlor-alkali sales volumes and earnings were negatively impacted by production outages at several customers over the last two months of 2006 .\nit is uncertain when some of these customers will return to a normal level of production which may impact the sales and earnings of our chlor-alkali business in early 2007 .\nglass sales increased $ 15 million or 1% ( 1 % ) in 2006 .\nsales increased 1% ( 1 % ) due to improved volumes resulting from a combination of organic growth and an acquisition .\na slight positive impact on sales due to foreign currency translation offset a slight decline in pricing .\nvolumes increased in the performance glazings , automotive replacement glass and services and fiber glass businesses .\nautomotive oem glass volume declined during 2006 .\npricing was also up in performance glazings , but declined in the other glass businesses .\nsegment income increased $ 25 million in 2006 .\nthis increase in segment income was primarily the result of higher equity earnings from our asian fiber glass joint ventures , higher royalty income and lower manufacturing and natural gas costs , which more than offset the negative impacts of higher inflation , lower margin mix of sales and reduced selling prices .\nour fiber glass operating segment made progress during 2006 in achieving our multi-year plan to improve profitability and cash flow .\na transformation of our supply chain , which includes production of a more focused product mix at each manufacturing plant , manufacturing cost reduction initiatives and improved equity earnings from our asian joint ventures are the primary focus and represent the critical success factors in this plan .\nduring 2006 , our new joint venture in china started producing high labor content fiber glass reinforcement products , which will allow us to refocus our u.s .\nproduction capacity on higher margin , direct process products .\nthe 2006 earnings improvement by our fiber glass operating segment accounted for the bulk of the 2006 improvement in the glass reportable business segment income .\n20 2006 ppg annual report and form 10-k 4282_txt .\n\nQuestion: the 2005 charge for asset impairments in the optical and specialty materials segment represented what percent of pre-impairment earnings for the segment?",
        "solution": "14.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2014/page_49.pdf\n\nID: LMT/2014/page_49.pdf-2\n\nPrevious Text:\nmission systems and training our mst business segment provides ship and submarine mission and combat systems ; mission systems and sensors for rotary and fixed-wing aircraft ; sea and land-based missile defense systems ; radar systems ; littoral combat ships ; simulation and training services ; and unmanned systems and technologies .\nmst 2019s major programs include aegis combat system ( aegis ) , littoral combat ship ( lcs ) , mh-60 , tpq-53 radar system and mk-41 vertical launching system .\nmst 2019s operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['net sales', '$ 7147', '$ 7153', '$ 7579'], ['operating profit', '843', '905', '737'], ['operating margins', '11.8% ( 11.8 % )', '12.7% ( 12.7 % )', '9.7% ( 9.7 % )'], ['backlog at year-end', '$ 11700', '$ 10800', '$ 10700']]\n\nFollowing Text:\n2014 compared to 2013 mst 2019s net sales for 2014 were comparable to 2013 .\nnet sales decreased by approximately $ 85 million for undersea systems programs due to decreased volume and deliveries ; and about $ 55 million related to the settlements of contract cost matters on certain programs ( including a portion of the terminated presidential helicopter program ) in 2013 that were not repeated in 2014 .\nthe decreases were offset by higher net sales of approximately $ 80 million for integrated warfare systems and sensors programs due to increased volume ( primarily space fence ) ; and approximately $ 40 million for training and logistics solutions programs due to increased deliveries ( primarily close combat tactical trainer ) .\nmst 2019s operating profit for 2014 decreased $ 62 million , or 7% ( 7 % ) , compared to 2013 .\nthe decrease was primarily attributable to lower operating profit of approximately $ 120 million related to the settlements of contract cost matters on certain programs ( including a portion of the terminated presidential helicopter program ) in 2013 that were not repeated in 2014 ; and approximately $ 45 million due to higher reserves recorded on certain training and logistics solutions programs .\nthe decreases were partially offset by higher operating profit of approximately $ 45 million for performance matters and reserves recorded in 2013 that were not repeated in 2014 ; and about $ 60 million for various programs due to increased risk retirements ( including mh-60 and radar surveillance programs ) .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 50 million lower for 2014 compared to 2013 .\n2013 compared to 2012 mst 2019s net sales for 2013 decreased $ 426 million , or 6% ( 6 % ) , compared to 2012 .\nthe decrease was primarily attributable to lower net sales of approximately $ 275 million for various ship and aviation systems programs due to lower volume ( primarily ptds as final surveillance system deliveries occurred during the second quarter of 2012 ) ; about $ 195 million for various integrated warfare systems and sensors programs ( primarily naval systems ) due to lower volume ; approximately $ 65 million for various training and logistics programs due to lower volume ; and about $ 55 million for the aegis program due to lower volume .\nthe decreases were partially offset by higher net sales of about $ 155 million for the lcs program due to increased volume .\nmst 2019s operating profit for 2013 increased $ 168 million , or 23% ( 23 % ) , compared to 2012 .\nthe increase was primarily attributable to higher operating profit of approximately $ 120 million related to the settlement of contract cost matters on certain programs ( including a portion of the terminated presidential helicopter program ) ; about $ 55 million for integrated warfare systems and sensors programs ( primarily radar and halifax class modernization programs ) due to increased risk retirements ; and approximately $ 30 million for undersea systems programs due to increased risk retirements .\nthe increases were partially offset by lower operating profit of about $ 55 million for training and logistics programs , primarily due to the recording of approximately $ 30 million of charges mostly related to lower-of-cost-or-market considerations ; and about $ 25 million for ship and aviation systems programs ( primarily ptds ) due to lower risk retirements and volume .\noperating profit related to the lcs program was comparable .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 170 million higher for 2013 compared to 2012 .\nbacklog backlog increased in 2014 compared to 2013 primarily due to higher orders on new program starts ( such as space fence ) .\nbacklog increased slightly in 2013 compared to 2012 mainly due to higher orders and lower sales on integrated warfare system and sensors programs ( primarily aegis ) and lower sales on various service programs , partially offset by lower orders on ship and aviation systems ( primarily mh-60 ) . .\n\nQuestion: what was the percent of the net sales decline in 2013 attributable to the in part to the various integrated warfare systems and sensors programs - for the naval system lower volume",
        "solution": "45.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2017/page_56.pdf\n\nID: CDW/2017/page_56.pdf-3\n\nPrevious Text:\ntable of contents ( 4 ) the increase in cash flows was primarily due to the timing of inventory purchases and longer payment terms with certain vendors .\nin order to manage our working capital and operating cash needs , we monitor our cash conversion cycle , defined as days of sales outstanding in accounts receivable plus days of supply in inventory minus days of purchases outstanding in accounts payable , based on a rolling three-month average .\ncomponents of our cash conversion cycle are as follows: .\n\nTable Data:\n[['( in days )', 'december 31 , 2017', 'december 31 , 2016', 'december 31 , 2015'], ['days of sales outstanding ( dso ) ( 1 )', '52', '51', '48'], ['days of supply in inventory ( dio ) ( 2 )', '12', '12', '13'], ['days of purchases outstanding ( dpo ) ( 3 )', '-45 ( 45 )', '-44 ( 44 )', '-40 ( 40 )'], ['cash conversion cycle', '19', '19', '21']]\n\nFollowing Text:\n( 1 ) represents the rolling three-month average of the balance of accounts receivable , net at the end of the period , divided by average daily net sales for the same three-month period .\nalso incorporates components of other miscellaneous receivables .\n( 2 ) represents the rolling three-month average of the balance of merchandise inventory at the end of the period divided by average daily cost of sales for the same three-month period .\n( 3 ) represents the rolling three-month average of the combined balance of accounts payable-trade , excluding cash overdrafts , and accounts payable-inventory financing at the end of the period divided by average daily cost of sales for the same three-month period .\nthe cash conversion cycle was 19 days at december 31 , 2017 and 2016 .\nthe increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties .\nthese services have an unfavorable impact on dso as the receivable is recognized on the consolidated balance sheet on a gross basis while the corresponding sales amount in the consolidated statement of operations is recorded on a net basis .\nthis also results in a favorable impact on dpo as the payable is recognized on the consolidated balance sheet without a corresponding cost of sales in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales .\nin addition , dpo also increased due to the mix of payables with certain vendors that have longer payment terms .\nthe cash conversion cycle was 19 and 21 days at december 31 , 2016 and 2015 , respectively .\nthe increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties .\nthese services have an unfavorable impact on dso as the receivable is recognized on the balance sheet on a gross basis while the corresponding sales amount in the statement of operations is recorded on a net basis .\nthese services have a favorable impact on dpo as the payable is recognized on the balance sheet without a corresponding cost of sale in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales .\nin addition to the impact of these services on dpo , dpo also increased due to the mix of payables with certain vendors that have longer payment terms .\ninvesting activities net cash used in investing activities increased $ 15 million in 2017 compared to 2016 .\ncapital expenditures increased $ 17 million to $ 81 million from $ 64 million for 2017 and 2016 , respectively , primarily related to improvements to our information technology systems .\nnet cash used in investing activities decreased $ 289 million in 2016 compared to 2015 .\nthe decrease in cash used was primarily due to the completion of the acquisition of cdw uk in 2015 .\nadditionally , capital expenditures decreased $ 26 million to $ 64 million from $ 90 million for 2016 and 2015 , respectively , primarily due to spending for our new office location in 2015 .\nfinancing activities net cash used in financing activities increased $ 514 million in 2017 compared to 2016 .\nthe increase was primarily driven by changes in accounts payable-inventory financing , which resulted in an increase in cash used for financing activities of $ 228 million and by share repurchases during 2017 , which resulted in an increase in cash used for financing activities of $ 167 million .\nfor more information on our share repurchase program , see part ii , item 5 , 201cmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . 201d the increase in cash used for accounts payable-inventory financing was primarily driven by the termination of one of our inventory financing agreements in the fourth quarter of 2016 , with amounts .\n\nQuestion: by what percentage did the cash conversion cycle decrease from dec 31 , 2015 to dec 31 , 2016?",
        "solution": "9.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2018/page_34.pdf\n\nID: ZBH/2018/page_34.pdf-3\n\nPrevious Text:\nzimmer biomet holdings , inc .\n2018 form 10-k annual report ( 8 ) we have incurred other various expenses from specific events or projects that we consider highly variable or have a significant impact to our operating results that we have excluded from our non-gaap financial measures .\nthis includes legal entity and operational restructuring as well as our costs of complying with our dpa with the u.s .\ngovernment related to certain fcpa matters involving biomet and certain of its subsidiaries .\nunder the dpa , which has a three-year term , we are subject to oversight by an independent compliance monitor , which monitorship commenced in july 2017 .\nthe excluded costs include the fees paid to the independent compliance monitor and to external legal counsel assisting in the matter .\n( 9 ) represents the tax effects on the previously specified items .\nthe tax effect for the u.s .\njurisdiction is calculated based on an effective rate considering federal and state taxes , as well as permanent items .\nfor jurisdictions outside the u.s. , the tax effect is calculated based upon the statutory rates where the items were incurred .\n( 10 ) the 2016 period includes negative effects from finalizing the tax accounts for the biomet merger .\nunder the applicable u.s .\ngaap rules , these measurement period adjustments are recognized on a prospective basis in the period of change .\n( 11 ) the 2017 tax act resulted in a net favorable provisional adjustment due to the reduction of deferred tax liabilities for unremitted earnings and revaluation of deferred tax liabilities to a 21 percent rate , which was partially offset by provisional tax charges related to the toll charge provision of the 2017 tax act .\nin 2018 , we finalized our estimates of the effects of the 2017 tax act based upon final guidance issued by u.s .\ntax authorities .\n( 12 ) other certain tax adjustments in 2018 primarily related to changes in tax rates on deferred tax liabilities recorded on intangible assets recognized in acquisition-related accounting and adjustments from internal restructuring transactions that provide us access to offshore funds in a tax efficient manner .\nin 2017 , other certain tax adjustments relate to tax benefits from lower tax rates unrelated to the impact of the 2017 tax act , net favorable resolutions of various tax matters and net favorable adjustments from internal restructuring transactions .\nthe 2016 adjustment primarily related to a favorable adjustment to certain deferred tax liabilities recognized as part of acquisition-related accounting and favorable resolution of certain tax matters with taxing authorities offset by internal restructuring transactions that provide us access to offshore funds in a tax efficient manner .\n( 13 ) diluted share count used in adjusted diluted eps : year ended december 31 , 2018 .\n\nTable Data:\n[['', 'year endeddecember 31 2018'], ['diluted shares', '203.5'], ['dilutive shares assuming net earnings', '1.5'], ['adjusted diluted shares', '205.0']]\n\nFollowing Text:\nliquidity and capital resources cash flows provided by operating activities were $ 1747.4 million in 2018 compared to $ 1582.3 million and $ 1632.2 million in 2017 and 2016 , respectively .\nthe increase in operating cash flows in 2018 compared to 2017 was driven by additional cash flows from our sale of accounts receivable in certain countries , lower acquisition and integration expenses and lower quality remediation expenses , as well as certain significant payments made in the 2017 period .\nin the 2017 period , we made payments related to the u.s .\ndurom cup settlement program , and we paid $ 30.5 million in settlement payments to resolve previously-disclosed fcpa matters involving biomet and certain of its subsidiaries as discussed in note 19 to our consolidated financial statements included in item 8 of this report .\nthe decline in operating cash flows in 2017 compared to 2016 was driven by additional investments in inventory , additional expenses for quality remediation and the significant payments made in the 2017 period as discussed in the previous sentence .\nthese unfavorable items were partially offset by $ 174.0 million of incremental cash flows in 2017 from our sale of accounts receivable in certain countries .\ncash flows used in investing activities were $ 416.6 million in 2018 compared to $ 510.8 million and $ 1691.5 million in 2017 and 2016 , respectively .\ninstrument and property , plant and equipment additions reflected ongoing investments in our product portfolio and optimization of our manufacturing and logistics network .\nin 2018 , we entered into receive-fixed-rate , pay-fixed-rate cross-currency interest rate swaps .\nour investing cash flows reflect the net cash inflows from the fixed- rate interest rate receipts/payments , as well as the termination of certain of these swaps that were in a gain position in the year .\nthe 2016 period included cash outflows for the acquisition of ldr holding corporation ( 201cldr 201d ) and other business acquisitions .\nadditionally , the 2016 period reflects the maturity of available-for-sale debt securities .\nas these investments matured , we used the cash to pay off debt and have not reinvested in any additional debt securities .\ncash flows used in financing activities were $ 1302.2 million in 2018 .\nour primary use of available cash in 2018 was for debt repayment .\nwe received net proceeds of $ 749.5 million from the issuance of additional senior notes and borrowed $ 400.0 million from our multicurrency revolving facility to repay $ 1150.0 million of senior notes that became due on april 2 , 2018 .\nwe subsequently repaid the $ 400.0 million of multicurrency revolving facility borrowings .\nalso in 2018 , we borrowed another $ 675.0 million under a new u.s .\nterm loan c and used the cash proceeds along with cash generated from operations throughout the year to repay an aggregate of $ 835.0 million on u.s .\nterm loan a , $ 450.0 million on u.s .\nterm loan b , and we subsequently repaid $ 140.0 million on u.s .\nterm loan c .\noverall , we had approximately $ 1150 million of net principal repayments on our senior notes and term loans in 2018 .\nin 2017 , our primary use of available cash was also for debt repayment compared to 2016 when we were not able to repay as much debt due to financing requirements to complete the ldr and other business acquisitions .\nadditionally in 2017 , we had net cash inflows of $ 103.5 million on factoring programs that had not been remitted to the third party .\nin 2018 , we had net cash outflows related to these factoring programs as we remitted the $ 103.5 million and collected only $ 66.8 million which had not yet been remitted by the end of the year .\nsince our factoring programs started at the end of 2016 , we did not have similar cash flows in that year .\nin january 2019 , we borrowed an additional $ 200.0 million under u.s .\nterm loan c and used those proceeds , along with cash on hand , to repay the remaining $ 225.0 million outstanding under u.s .\nterm loan b .\nin february , may , august and december 2018 , our board of directors declared cash dividends of $ 0.24 per share .\nwe expect to continue paying cash dividends on a quarterly basis ; however , future dividends are subject to approval of the board of directors and may be adjusted as business needs or market conditions change .\nas further discussed in note 11 to our consolidated financial statements , our debt facilities restrict the payment of dividends in certain circumstances. .\n\nQuestion: what was the percentage change in cash flows used in investing activities from 2017 to 2018?",
        "solution": "-18%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2013/page_64.pdf\n\nID: IP/2013/page_64.pdf-3\n\nPrevious Text:\nsales volumes in 2013 increased from 2012 , primarily for fluff pulp , reflecting improved market demand and a change in our product mix with a full year of fluff pulp production at our franklin , virginia mill .\naverage sales price realizations were lower for fluff pulp while prices for market pulp increased .\ninput costs for wood , fuels and chemicals were higher .\nmill operating costs were significantly lower largely due to the absence of costs associated with the start-up of the franklin mill in 2012 .\nplanned maintenance downtime costs were higher .\nin the first quarter of 2014 , sales volumes are expected to be slightly lower compared with the fourth quarter of 2013 .\naverage sales price realizations are expected to improve , reflecting the further realization of previously announced sales price increases for softwood pulp and fluff pulp .\ninput costs should be flat .\nplanned maintenance downtime costs should be about $ 11 million higher than in the fourth quarter of 2013 .\noperating profits will also be negatively impacted by the severe winter weather in the first quarter of 2014 .\nconsumer packaging demand and pricing for consumer packaging products correlate closely with consumer spending and general economic activity .\nin addition to prices and volumes , major factors affecting the profitability of consumer packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix .\nconsumer packaging net sales in 2013 increased 8% ( 8 % ) from 2012 , but decreased 7% ( 7 % ) from 2011 .\noperating profits decreased 40% ( 40 % ) from 2012 and 1% ( 1 % ) from 2011 .\nnet sales and operating profits include the shorewood business in 2011 .\nexcluding costs associated with the permanent shutdown of a paper machine at our augusta , georgia mill and costs associated with the sale of the shorewood business , 2013 operating profits were 22% ( 22 % ) lower than in 2012 , and 43% ( 43 % ) lower than in 2011 .\nbenefits from higher sales volumes ( $ 45 million ) were offset by lower average sales price realizations and an unfavorable mix ( $ 50 million ) , higher operating costs including incremental costs resulting from the shutdown of a paper machine at our augusta , georgia mill ( $ 46 million ) and higher input costs ( $ 6 million ) .\nin addition , operating profits in 2013 included restructuring costs of $ 45 million related to the permanent shutdown of a paper machine at our augusta , georgia mill and $ 2 million of costs associated with the sale of the shorewood business .\noperating profits in 2012 included a gain of $ 3 million related to the sale of the shorewood business , while operating profits in 2011 included a $ 129 million fixed asset impairment charge for the north american shorewood business and $ 72 million for other charges associated with the sale of the shorewood business .\nconsumer packaging .\n\nTable Data:\n[['in millions', '2013', '2012', '2011'], ['sales', '$ 3435', '$ 3170', '$ 3710'], ['operating profit', '161', '268', '163']]\n\nFollowing Text:\nnorth american consumer packaging net sales were $ 2.0 billion in 2013 compared with $ 2.0 billion in 2012 and $ 2.5 billion in 2011 .\noperating profits were $ 63 million ( $ 110 million excluding paper machine shutdown costs and costs related to the sale of the shorewood business ) in 2013 compared with $ 165 million ( $ 162 million excluding charges associated with the sale of the shorewood business ) in 2012 and $ 35 million ( $ 236 million excluding asset impairment charges and other costs associated with the sale of the shorewood business ) in 2011 .\ncoated paperboard sales volumes in 2013 were higher than in 2012 reflecting stronger market demand .\naverage sales price realizations were lower year-over- year despite the realization of price increases in the second half of 2013 .\ninput costs for wood and energy increased , but were partially offset by lower costs for chemicals .\nplanned maintenance downtime costs were slightly lower .\nmarket-related downtime was about 24000 tons in 2013 compared with about 113000 tons in 2012 .\nthe permanent shutdown of a paper machine at our augusta , georgia mill in the first quarter of 2013 reduced capacity by 140000 tons in 2013 compared with 2012 .\nfoodservice sales volumes increased slightly in 2013 compared with 2012 despite softer market demand .\naverage sales margins were higher reflecting lower input costs for board and resins and a more favorable product mix .\noperating costs and distribution costs were both higher .\nthe u.s.shorewood business was sold december 31 , 2011 and the non-u.s .\nbusiness was sold in january looking ahead to the first quarter of 2014 , coated paperboard sales volumes are expected to be seasonally weaker than in the fourth quarter of 2013 .\naverage sales price realizations are expected to be slightly higher , and margins should also benefit from a more favorable product mix .\ninput costs are expected to be higher for energy , chemicals and wood .\nplanned maintenance downtime costs should be $ 8 million lower with a planned maintenance outage scheduled at the augusta mill in the first quarter .\nthe severe winter weather in the first quarter of 2014 will negatively impact operating profits .\nfoodservice sales volumes are expected to be seasonally lower .\naverage sales margins are expected to improve due to the realization of sales price increases effective with our january contract openers and a more favorable product mix. .\n\nQuestion: what was the printing papers profit margin in 2011",
        "solution": "4.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VLO/2015/page_24.pdf\n\nID: VLO/2015/page_24.pdf-1\n\nPrevious Text:\ntable of contents the following table discloses purchases of shares of our common stock made by us or on our behalf during the fourth quarter of 2015 .\nperiod total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .\n\nTable Data:\n[['period', 'total numberof sharespurchased', 'averageprice paidper share', 'total number ofshares notpurchased as part ofpublicly announcedplans or programs ( a )', 'total number ofshares purchased aspart of publiclyannounced plans orprograms', 'approximate dollarvalue of shares thatmay yet be purchasedunder the plans orprograms ( b )'], ['october 2015', '1658771', '$ 62.12', '842059', '816712', '$ 2.0 billion'], ['november 2015', '2412467', '$ 71.08', '212878', '2199589', '$ 1.8 billion'], ['december 2015', '7008414', '$ 70.31', '980', '7007434', '$ 1.3 billion'], ['total', '11079652', '$ 69.25', '1055917', '10023735', '$ 1.3 billion']]\n\nFollowing Text:\n( a ) the shares reported in this column represent purchases settled in the fourth quarter of 2015 relating to ( i ) our purchases of shares in open-market transactions to meet our obligations under stock-based compensation plans , and ( ii ) our purchases of shares from our employees and non-employee directors in connection with the exercise of stock options , the vesting of restricted stock , and other stock compensation transactions in accordance with the terms of our stock-based compensation plans .\n( b ) on july 13 , 2015 , we announced that our board of directors approved our purchase of $ 2.5 billion of our outstanding common stock ( with no expiration date ) , which was in addition to the remaining amount available under our $ 3 billion program previously authorized .\nduring the third quarter of 2015 , we completed our purchases under the $ 3 billion program .\nas of december 31 , 2015 , we had $ 1.3 billion remaining available for purchase under the $ 2.5 billion program. .\n\nQuestion: for the fourth quarter ended december 312015 what was the percent of the total number of shares not purchased as part of publicly announced plans or programs in october",
        "solution": "79.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2013/page_123.pdf\n\nID: AWK/2013/page_123.pdf-2\n\nPrevious Text:\nthe following table summarizes the changes in the company 2019s valuation allowance: .\n\nTable Data:\n[['balance at january 1 2011', '$ 23788'], ['increases in current period tax positions', '1525'], ['decreases in current period tax positions', '-3734 ( 3734 )'], ['balance at december 31 2011', '$ 21579'], ['increases in current period tax positions', '0'], ['decreases in current period tax positions', '-2059 ( 2059 )'], ['balance at december 31 2012', '$ 19520'], ['increases in current period tax positions', '0'], ['decreases in current period tax positions', '-5965 ( 5965 )'], ['balance at december 31 2013', '$ 13555']]\n\nFollowing Text:\nincluded in 2013 is a discrete tax benefit totaling $ 2979 associated with an entity re-organization within the company 2019s market-based segment that allowed for the utilization of state net operating loss carryforwards and the release of an associated valuation allowance .\nnote 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations .\nbenefits under the plans are based on the employee 2019s years of service and compensation .\nthe pension plans have been closed for all employees .\nthe pension plans were closed for most employees hired on or after january 1 , 2006 .\nunion employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement .\nunion employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan .\nthe company does not participate in a multiemployer plan .\nthe company 2019s pension funding practice is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost .\nfurther , the company will consider additional contributions if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 .\nthe company may also consider increased contributions , based on other financial requirements and the plans 2019 funded position .\npension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities , guaranteed interest contracts with insurance companies and real estate investment trusts ( 201creits 201d ) .\npension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans .\n( see note 6 ) the company also has unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees .\nthe company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees .\nthe retiree welfare plans are closed for union employees hired on or after january 1 , 2006 .\nthe plans had previously closed for non-union employees hired on or after january 1 , 2002 .\nthe company 2019s policy is to fund other postretirement benefit costs for rate-making purposes .\nassets of the plans are invested in equity mutual funds , bond mutual funds and fixed income securities. .\n\nQuestion: what was the average decrease in the tax position from 2011 to 2013",
        "solution": "3919"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PM/2017/page_117.pdf\n\nID: PM/2017/page_117.pdf-4\n\nPrevious Text:\nnote 17 .\naccumulated other comprehensive losses : pmi's accumulated other comprehensive losses , net of taxes , consisted of the following: .\n\nTable Data:\n[['( losses ) earnings ( in millions )', '( losses ) earnings 2017', '( losses ) earnings 2016', '2015'], ['currency translation adjustments', '$ -5761 ( 5761 )', '$ -6091 ( 6091 )', '$ -6129 ( 6129 )'], ['pension and other benefits', '-2816 ( 2816 )', '-3565 ( 3565 )', '-3332 ( 3332 )'], ['derivatives accounted for as hedges', '42', '97', '59'], ['total accumulated other comprehensive losses', '$ -8535 ( 8535 )', '$ -9559 ( 9559 )', '$ -9402 ( 9402 )']]\n\nFollowing Text:\nreclassifications from other comprehensive earnings the movements in accumulated other comprehensive losses and the related tax impact , for each of the components above , that are due to current period activity and reclassifications to the income statement are shown on the consolidated statements of comprehensive earnings for the years ended december 31 , 2017 , 2016 , and 2015 .\nfor the years ended december 31 , 2017 , 2016 , and 2015 , $ 2 million , $ ( 5 ) million and $ 1 million of net currency translation adjustment gains/ ( losses ) were transferred from other comprehensive earnings to marketing , administration and research costs in the consolidated statements of earnings , respectively , upon liquidation of subsidiaries .\nfor additional information , see note 13 .\nbenefit plans and note 15 .\nfinancial instruments for disclosures related to pmi's pension and other benefits and derivative financial instruments .\nnote 18 .\ncontingencies : tobacco-related litigation legal proceedings covering a wide range of matters are pending or threatened against us , and/or our subsidiaries , and/or our indemnitees in various jurisdictions .\nour indemnitees include distributors , licensees and others that have been named as parties in certain cases and that we have agreed to defend , as well as to pay costs and some or all of judgments , if any , that may be entered against them .\npursuant to the terms of the distribution agreement between altria group , inc .\n( \"altria\" ) and pmi , pmi will indemnify altria and philip morris usa inc .\n( \"pm usa\" ) , a u.s .\ntobacco subsidiary of altria , for tobacco product claims based in substantial part on products manufactured by pmi or contract manufactured for pmi by pm usa , and pm usa will indemnify pmi for tobacco product claims based in substantial part on products manufactured by pm usa , excluding tobacco products contract manufactured for pmi .\nit is possible that there could be adverse developments in pending cases against us and our subsidiaries .\nan unfavorable outcome or settlement of pending tobacco-related litigation could encourage the commencement of additional litigation .\ndamages claimed in some of the tobacco-related litigation are significant and , in certain cases in brazil , canada and nigeria , range into the billions of u.s .\ndollars .\nthe variability in pleadings in multiple jurisdictions , together with the actual experience of management in litigating claims , demonstrate that the monetary relief that may be specified in a lawsuit bears little relevance to the ultimate outcome .\nmuch of the tobacco-related litigation is in its early stages , and litigation is subject to uncertainty .\nhowever , as discussed below , we have to date been largely successful in defending tobacco-related litigation .\nwe and our subsidiaries record provisions in the consolidated financial statements for pending litigation when we determine that an unfavorable outcome is probable and the amount of the loss can be reasonably estimated .\nat the present time , while it is reasonably possible that an unfavorable outcome in a case may occur , after assessing the information available to it ( i ) management has not concluded that it is probable that a loss has been incurred in any of the pending tobacco-related cases ; ( ii ) management is unable to estimate the possible loss or range of loss for any of the pending tobacco-related cases ; and ( iii ) accordingly , no estimated loss has been accrued in the consolidated financial statements for unfavorable outcomes in these cases , if any .\nlegal defense costs are expensed as incurred. .\n\nQuestion: what is the percentage change in total accumulated other comprehensive losses from 2016 to 2017?",
        "solution": "-10.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TROW/2009/page_23.pdf\n\nID: TROW/2009/page_23.pdf-2\n\nPrevious Text:\nour non-operating investment activity resulted in net losses of $ 12.7 million in 2009 and $ 52.3 million in 2008 .\nthe improvement of nearly $ 40 million is primarily attributable to a reduction in the other than temporary impairments recognized on our investments in sponsored mutual funds in 2009 versus 2008 .\nthe following table details our related mutual fund investment gains and losses ( in millions ) during the past two years. .\n\nTable Data:\n[['', '2008', '2009', 'change'], ['other than temporary impairments recognized', '$ -91.3 ( 91.3 )', '$ -36.1 ( 36.1 )', '$ 55.2'], ['capital gain distributions received', '5.6', '2.0', '-3.6 ( 3.6 )'], ['net gain ( loss ) realized on fund dispositions', '-4.5 ( 4.5 )', '7.4', '11.9'], ['net loss recognized on fund holdings', '$ -90.2 ( 90.2 )', '$ -26.7 ( 26.7 )', '$ 63.5']]\n\nFollowing Text:\nlower income of $ 16 million from our money market holdings due to the significantly lower interest rate environment offset the improvement experienced with our fund investments .\nthere is no impairment of any of our mutual fund investments at december 31 , 2009 .\nthe 2009 provision for income taxes as a percentage of pretax income is 37.1% ( 37.1 % ) , down from 38.4% ( 38.4 % ) in 2008 and .9% ( .9 % ) lower than our present estimate of 38.0% ( 38.0 % ) for the 2010 effective tax rate .\nour 2009 provision includes reductions of prior years 2019 tax provisions and discrete nonrecurring benefits that lowered our 2009 effective tax rate by 1.0% ( 1.0 % ) .\n2008 versus 2007 .\ninvestment advisory revenues decreased 6.3% ( 6.3 % ) , or $ 118 million , to $ 1.76 billion in 2008 as average assets under our management decreased $ 16 billion to $ 358.2 billion .\nthe average annualized fee rate earned on our assets under management was 49.2 basis points in 2008 , down from the 50.2 basis points earned in 2007 , as lower equity market valuations resulted in a greater percentage of our assets under management being attributable to lower fee fixed income portfolios .\ncontinuing stress on the financial markets and resulting lower equity valuations as 2008 progressed resulted in lower average assets under our management , lower investment advisory fees and lower net income as compared to prior periods .\nnet revenues decreased 5% ( 5 % ) , or $ 112 million , to $ 2.12 billion .\noperating expenses were $ 1.27 billion in 2008 , up 2.9% ( 2.9 % ) or $ 36 million from 2007 .\nnet operating income for 2008 decreased $ 147.9 million , or 14.8% ( 14.8 % ) , to $ 848.5 million .\nhigher operating expenses in 2008 and decreased market valuations during the latter half of 2008 , which lowered our assets under management and advisory revenues , resulted in our 2008 operating margin declining to 40.1% ( 40.1 % ) from 44.7% ( 44.7 % ) in 2007 .\nnon-operating investment losses in 2008 were $ 52.3 million as compared to investment income of $ 80.4 million in 2007 .\ninvestment losses in 2008 include non-cash charges of $ 91.3 million for the other than temporary impairment of certain of the firm 2019s investments in sponsored mutual funds .\nnet income in 2008 fell 27% ( 27 % ) or nearly $ 180 million from 2007 .\ndiluted earnings per share , after the retrospective application of new accounting guidance effective in 2009 , decreased to $ 1.81 , down $ .59 or 24.6% ( 24.6 % ) from $ 2.40 in 2007 .\na non-operating charge to recognize other than temporary impairments of our sponsored mutual fund investments reduced diluted earnings per share by $ .21 in 2008 .\ninvestment advisory revenues earned from the t .\nrowe price mutual funds distributed in the united states decreased 8.5% ( 8.5 % ) , or $ 114.5 million , to $ 1.24 billion .\naverage mutual fund assets were $ 216.1 billion in 2008 , down $ 16.7 billion from 2007 .\nmutual fund assets at december 31 , 2008 , were $ 164.4 billion , down $ 81.6 billion from the end of 2007 .\nnet inflows to the mutual funds during 2008 were $ 3.9 billion , including $ 1.9 billion to the money funds , $ 1.1 billion to the bond funds , and $ .9 billion to the stock funds .\nthe value , equity index 500 , and emerging markets stock funds combined to add $ 4.1 billion , while the mid-cap growth and equity income stock funds had net redemptions of $ 2.2 billion .\nnet fund inflows of $ 6.2 billion originated in our target-date retirement funds , which in turn invest in other t .\nrowe price funds .\nfund net inflow amounts in 2008 are presented net of $ 1.3 billion that was transferred to target-date trusts from the retirement funds during the year .\ndecreases in market valuations and income not reinvested lowered our mutual fund assets under management by $ 85.5 billion during 2008 .\ninvestment advisory revenues earned on the other investment portfolios that we manage decreased $ 3.6 million to $ 522.2 million .\naverage assets in these portfolios were $ 142.1 billion during 2008 , up slightly from $ 141.4 billion in 2007 .\nthese minor changes , each less than 1% ( 1 % ) , are attributable to the timing of declining equity market valuations and cash flows among our separate account and subadvised portfolios .\nnet inflows , primarily from institutional investors , were $ 13.2 billion during 2008 , including the $ 1.3 billion transferred from the retirement funds to target-date trusts .\ndecreases in market valuations , net of income , lowered our assets under management in these portfolios by $ 55.3 billion during 2008 .\nmanagement 2019s discussion & analysis 21 .\n\nQuestion: how much were investment advisory revenues in 2007 , in millions of dollars?",
        "solution": "1878"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2010/page_52.pdf\n\nID: AON/2010/page_52.pdf-1\n\nPrevious Text:\nconsidered to be the primary beneficiary of either entity and have therefore deconsolidated both entities .\nat december 31 , 2010 , we held a 36% ( 36 % ) interest in juniperus which is accounted for using the equity method of accounting .\nour potential loss at december 31 , 2010 is limited to our investment of $ 73 million in juniperus , which is recorded in investments in the consolidated statements of financial position .\nwe have not provided any financing to juniperus other than previously contractually required amounts .\njuniperus and jchl had combined assets and liabilities of $ 121 million and $ 22 million , respectively , at december 31 , 2008 .\nfor the year ended december 31 , 2009 , we recognized $ 36 million of pretax income from juniperus and jchl .\nwe recognized $ 16 million of after-tax income , after allocating the appropriate share of net income to the non-controlling interests .\nwe previously owned an 85% ( 85 % ) economic equity interest in globe re limited ( 2018 2018globe re 2019 2019 ) , a vie , which provided reinsurance coverage for a defined portfolio of property catastrophe reinsurance contracts underwritten by a third party for a limited period which ended june 1 , 2009 .\nwe consolidated globe re as we were deemed to be the primary beneficiary .\nin connection with the winding up of its operations , globe re repaid its $ 100 million of short-term debt and our equity investment from available cash in 2009 .\nwe recognized $ 2 million of after-tax income from globe re in 2009 , taking into account the share of net income attributable to non-controlling interests .\nglobe re was fully liquidated in the third quarter of 2009 .\nreview by segment general we serve clients through the following segments : 2022 risk solutions ( formerly risk and insurance brokerage services ) acts as an advisor and insurance and reinsurance broker , helping clients manage their risks , via consultation , as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network .\n2022 hr solutions ( formerly consulting ) partners with organizations to solve their most complex benefits , talent and related financial challenges , and improve business performance by designing , implementing , communicating and administering a wide range of human capital , retirement , investment management , health care , compensation and talent management strategies .\nrisk solutions .\n\nTable Data:\n[['years ended december 31,', '2010', '2009', '2008'], ['revenue', '$ 6423', '$ 6305', '$ 6197'], ['operating income', '1194', '900', '846'], ['operating margin', '18.6% ( 18.6 % )', '14.3% ( 14.3 % )', '13.7% ( 13.7 % )']]\n\nFollowing Text:\nthe demand for property and casualty insurance generally rises as the overall level of economic activity increases and generally falls as such activity decreases , affecting both the commissions and fees generated by our brokerage business .\nthe economic activity that impacts property and casualty insurance is described as exposure units , and is most closely correlated with employment levels , corporate revenue and asset values .\nduring 2010 we continued to see a 2018 2018soft market 2019 2019 , which began in 2007 , in our retail brokerage product line .\nin a soft market , premium rates flatten or decrease , along with commission revenues , due to increased competition for market share among insurance carriers or increased underwriting capacity .\nchanges in premiums have a direct and potentially material impact on the insurance brokerage industry , as commission revenues are generally based on a percentage of the .\n\nQuestion: what is the growth rate of revenue from 2009 to 2010?",
        "solution": "1.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2013/page_52.pdf\n\nID: HUM/2013/page_52.pdf-1\n\nPrevious Text:\nissuer purchases of equity securities the following table provides information about purchases by us during the three months ended december 31 , 2013 of equity securities that are registered by us pursuant to section 12 of the exchange act : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) ( 2 ) dollar value of shares that may yet be purchased under the plans or programs ( 1 ) .\n\nTable Data:\n[['period', 'total number of shares purchased ( 1 )', 'average price paid per share', 'total number of shares purchased as part of publicly announcedplans or programs ( 1 ) ( 2 )', 'dollar value of shares that may yet be purchased under the plans orprograms ( 1 )'], ['october 2013', '0', '$ 0', '0', '$ 781118739'], ['november 2013', '1191867', '98.18', '1191867', '664123417'], ['december 2013', '802930', '104.10', '802930', '580555202'], ['total', '1994797', '$ 100.56', '1994797', '']]\n\nFollowing Text:\n( 1 ) as announced on may 1 , 2013 , in april 2013 , the board of directors replaced its previously approved share repurchase authorization of up to $ 1 billion with a current authorization for repurchases of up to $ 1 billion of our common shares exclusive of shares repurchased in connection with employee stock plans , expiring on june 30 , 2015 .\nunder the current share repurchase authorization , shares may be purchased from time to time at prevailing prices in the open market , by block purchases , or in privately-negotiated transactions , subject to certain regulatory restrictions on volume , pricing , and timing .\nas of february 1 , 2014 , the remaining authorized amount under the current authorization totaled approximately $ 580 million .\n( 2 ) excludes 0.1 million shares repurchased in connection with employee stock plans. .\n\nQuestion: what was the percent of the total number of shares purchased ( 1 ) in november 2013 to the total",
        "solution": "59.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_335.pdf\n\nID: ETR/2004/page_335.pdf-4\n\nPrevious Text:\ndomestic utility companies and system energy notes to respective financial statements protested the disallowance of these deductions to the office of irs appeals .\nentergy expects to receive a notice of deficiency in 2005 for this item , and plans to vigorously contest this matter .\nentergy believes that the contingency provision established in its financial statements sufficiently covers the risk associated with this item .\nmark to market of certain power contracts in 2001 , entergy louisiana changed its method of accounting for tax purposes related to its wholesale electric power contracts .\nthe most significant of these is the contract to purchase power from the vidalia hydroelectric project .\nthe new tax accounting method has provided a cumulative cash flow benefit of approximately $ 790 million as of december 31 , 2004 .\nthe related irs interest exposure is $ 93 million at december 31 , 2004 .\nthis benefit is expected to reverse in the years 2005 through 2031 .\nthe election did not reduce book income tax expense .\nthe timing of the reversal of this benefit depends on several variables , including the price of power .\ndue to the temporary nature of the tax benefit , the potential interest charge represents entergy's net earnings exposure .\nentergy louisiana's 2001 tax return is currently under examination by the irs , though no adjustments have yet been proposed with respect to the mark to market election .\nentergy believes that the contingency provision established in its financial statements will sufficiently cover the risk associated with this issue .\ncashpoint bankruptcy ( entergy arkansas , entergy gulf states , entergy louisiana , entergy mississippi , and entergy new orleans ) in 2003 the domestic utility companies entered an agreement with cashpoint network services ( cashpoint ) under which cashpoint was to manage a network of payment agents through which entergy's utility customers could pay their bills .\nthe payment agent system allows customers to pay their bills at various commercial or governmental locations , rather than sending payments by mail .\napproximately one-third of entergy's utility customers use payment agents .\non april 19 , 2004 , cashpoint failed to pay funds due to the domestic utility companies that had been collected through payment agents .\nthe domestic utility companies then obtained a temporary restraining order from the civil district court for the parish of orleans , state of louisiana , enjoining cashpoint from distributing funds belonging to entergy , except by paying those funds to entergy .\non april 22 , 2004 , a petition for involuntary chapter 7 bankruptcy was filed against cashpoint by other creditors in the united states bankruptcy court for the southern district of new york .\nin response to these events , the domestic utility companies expanded an existing contract with another company to manage all of their payment agents .\nthe domestic utility companies filed proofs of claim in the cashpoint bankruptcy proceeding in september 2004 .\nalthough entergy cannot precisely determine at this time the amount that cashpoint owes to the domestic utility companies that may not be repaid , it has accrued an estimate of loss based on current information .\nif no cash is repaid to the domestic utility companies , an event entergy does not believe is likely , the current estimates of maximum exposure to loss are approximately as follows : amount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['entergy arkansas', '$ 1.8'], ['entergy gulf states', '$ 7.7'], ['entergy louisiana', '$ 8.8'], ['entergy mississippi', '$ 4.3'], ['entergy new orleans', '$ 2.4']]\n\nFollowing Text:\nenvironmental issues ( entergy gulf states ) entergy gulf states has been designated as a prp for the cleanup of certain hazardous waste disposal sites .\nas of december 31 , 2004 , entergy gulf states does not expect the remaining clean-up costs to exceed its recorded liability of $ 1.5 million for the remaining sites at which the epa has designated entergy gulf states as a prp. .\n\nQuestion: what are the current estimates of maximum exposure to loss for entergy louisiana as a percentage of the cumulative cash flow benefit?",
        "solution": "1.11%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2008/page_18.pdf\n\nID: HUM/2008/page_18.pdf-3\n\nPrevious Text:\nva health care delivery system through our network of providers .\nwe are compensated by the va for the cost of our providers 2019 services at a specified contractual amount per service plus an additional administrative fee for each transaction .\nthe contract , under which we began providing services on january 1 , 2008 , is comprised of one base period and four one-year option periods subject to renewals at the federal government 2019s option .\nwe are currently in the first option period , which expires on september 30 , 2009 .\nfor the year ended december 31 , 2008 , revenues under this va contract were approximately $ 22.7 million , or less than 1% ( 1 % ) of our total premium and aso fees .\nfor the year ended december 31 , 2008 , military services premium revenues were approximately $ 3.2 billion , or 11.3% ( 11.3 % ) of our total premiums and aso fees , and military services aso fees totaled $ 76.8 million , or 0.3% ( 0.3 % ) of our total premiums and aso fees .\ninternational and green ribbon health operations in august 2006 , we established our subsidiary humana europe in the united kingdom to provide commissioning support to primary care trusts , or pcts , in england .\nunder the contracts we are awarded , we work in partnership with local pcts , health care providers , and patients to strengthen health-service delivery and to implement strategies at a local level to help the national health service enhance patient experience , improve clinical outcomes , and reduce costs .\nfor the year ended december 31 , 2008 , revenues under these contracts were approximately $ 7.7 million , or less than 1% ( 1 % ) of our total premium and aso fees .\nwe participated in a medicare health support pilot program through green ribbon health , or grh , a joint- venture company with pfizer health solutions inc .\ngrh was designed to support cms assigned medicare beneficiaries living with diabetes and/or congestive heart failure in central florida .\ngrh used disease management initiatives , including evidence-based clinical guidelines , personal self-directed change strategies , and personal nurses to help participants navigate the health system .\nrevenues under the contract with cms over the period which began november 1 , 2005 and ended august 15 , 2008 are subject to refund unless savings , satisfaction , and clinical improvement targets are met .\nunder the terms of the contract , after a claims run-out period , cms is required to deliver a performance report during the third quarter of 2009 .\nto date , all revenues have been deferred until reliable estimates are determinable , and revenues are not expected to be material when recognized .\nour products marketed to commercial segment employers and members smart plans and other consumer products over the last several years , we have developed and offered various commercial products designed to provide options and choices to employers that are annually facing substantial premium increases driven by double-digit medical cost inflation .\nthese smart plans , discussed more fully below , and other consumer offerings , which can be offered on either a fully-insured or aso basis , provided coverage to approximately 670000 members at december 31 , 2008 , representing approximately 18.5% ( 18.5 % ) of our total commercial medical membership as detailed below .\nsmart plans and other consumer membership other commercial membership commercial medical membership .\n\nTable Data:\n[['', 'smart plans and other consumer membership', 'other commercial membership', 'commercial medical membership'], ['fully-insured', '392500', '1586300', '1978800'], ['aso', '277500', '1364500', '1642000'], ['total commercial medical', '670000', '2950800', '3620800']]\n\nFollowing Text:\nthese products are often offered to employer groups as 201cbundles 201d , where the subscribers are offered various hmo and ppo options , with various employer contribution strategies as determined by the employer. .\n\nQuestion: what is the percentage of fully-insured memberships among the total commercial medical membership?",
        "solution": "54.65%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2006/page_74.pdf\n\nID: UNP/2006/page_74.pdf-3\n\nPrevious Text:\nthe environmental liability includes costs for remediation and restoration of sites , as well as for ongoing monitoring costs , but excludes any anticipated recoveries from third parties .\ncost estimates are based on information available for each site , financial viability of other potentially responsible parties , and existing technology , laws , and regulations .\nwe believe that we have adequately accrued for our ultimate share of costs at sites subject to joint and several liability .\nhowever , the ultimate liability for remediation is difficult to determine because of the number of potentially responsible parties involved , site-specific cost sharing arrangements with other potentially responsible parties , the degree of contamination by various wastes , the scarcity and quality of volumetric data related to many of the sites , and the speculative nature of remediation costs .\nestimates may also vary due to changes in federal , state , and local laws governing environmental remediation .\nwe do not expect current obligations to have a material adverse effect on our results of operations or financial condition .\nguarantees 2013 at december 31 , 2006 , we were contingently liable for $ 464 million in guarantees .\nwe have recorded a liability of $ 6 million for the fair value of these obligations as of december 31 , 2006 .\nwe entered into these contingent guarantees in the normal course of business , and they include guaranteed obligations related to our headquarters building , equipment financings , and affiliated operations .\nthe final guarantee expires in 2022 .\nwe are not aware of any existing event of default that would require us to satisfy these guarantees .\nwe do not expect that these guarantees will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity .\nindemnities 2013 our maximum potential exposure under indemnification arrangements , including certain tax indemnifications , can range from a specified dollar amount to an unlimited amount , depending on the nature of the transactions and the agreements .\ndue to uncertainty as to whether claims will be made or how they will be resolved , we cannot reasonably determine the probability of an adverse claim or reasonably estimate any adverse liability or the total maximum exposure under these indemnification arrangements .\nwe do not have any reason to believe that we will be required to make any material payments under these indemnity provisions .\nincome taxes 2013 as previously reported in our form 10-q for the quarter ended september 30 , 2005 , the irs has completed its examinations and issued notices of deficiency for tax years 1995 through 2002 .\namong their proposed adjustments is the disallowance of tax deductions claimed in connection with certain donations of property .\nin the fourth quarter of 2005 , the irs national office issued a technical advice memorandum which left unresolved whether the deductions were proper , pending further factual development .\nwe continue to dispute the donation issue , as well as many of the other proposed adjustments , and will contest the associated tax deficiencies through the irs appeals process , and , if necessary , litigation .\nin addition , the irs is examining the corporation 2019s federal income tax returns for tax years 2003 and 2004 and should complete their exam in 2007 .\nwe do not expect that the ultimate resolution of these examinations will have a material adverse effect on our consolidated financial statements .\n11 .\nother income other income included the following for the years ended december 31 : millions of dollars 2006 2005 2004 .\n\nTable Data:\n[['millions of dollars', '2006', '2005', '2004'], ['rental income', '$ 83', '$ 59', '$ 55'], ['net gain on non-operating asset dispositions', '72', '135', '69'], ['interest income', '29', '17', '10'], ['sale of receivables fees', '-33 ( 33 )', '-23 ( 23 )', '-11 ( 11 )'], ['non-operating environmental costs and other', '-33 ( 33 )', '-43 ( 43 )', '-35 ( 35 )'], ['total', '$ 118', '$ 145', '$ 88']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage change in rental income from 2005 to 2006?",
        "solution": "41%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2007/page_125.pdf\n\nID: CE/2007/page_125.pdf-1\n\nPrevious Text:\ndetermined that it will primarily be subject to the ietu in future periods , and as such it has recorded tax expense of approximately $ 20 million in 2007 for the deferred tax effects of the new ietu system .\nas of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .\nof this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .\nthe remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .\nthis limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .\nthe company also had foreign net operating loss carryforwards as of december 31 , 2007 of approximately $ 564 million for canada , germany , mexico and other foreign jurisdictions with various expiration dates .\nnet operating losses in canada have various carryforward periods and began expiring in 2007 .\nnet operating losses in germany have no expiration date .\nnet operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .\nhowever , these losses are not available for use under the new ietu tax regulations in mexico .\nas the ietu is the primary system upon which the company will be subject to tax in future periods , no deferred tax asset has been reflected in the balance sheet as of december 31 , 2007 for these income tax loss carryforwards .\nthe company adopted the provisions of fin 48 effective january 1 , 2007 .\nfin 48 clarifies the accounting for income taxes by prescribing a minimum recognition threshold a tax benefit is required to meet before being recognized in the financial statements .\nfin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .\nas a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .\nin addition , certain tax liabilities for unrecognized tax benefits , as well as related potential penalties and interest , were reclassified from current liabilities to long-term liabilities .\nliabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .\na reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) .\n\nTable Data:\n[['', 'year ended december 31 2007 ( in $ millions )'], ['balance as of january 1 2007', '193'], ['increases in tax positions for the current year', '2'], ['increases in tax positions for prior years', '28'], ['decreases in tax positions of prior years', '-21 ( 21 )'], ['settlements', '-2 ( 2 )'], ['balance as of december 31 2007', '200']]\n\nFollowing Text:\nincluded in the unrecognized tax benefits of $ 200 million as of december 31 , 2007 is $ 56 million of tax benefits that , if recognized , would reduce the company 2019s effective tax rate .\nthe company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .\nas of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .\nthis amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .\nthe company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .\nexaminations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .\nduring the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .\nthe effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .\nthe company 2019s celanese corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) %%transmsg*** transmitting job : y48011 pcn : 122000000 ***%%pcmsg|f-49 |00023|yes|no|02/26/2008 22:07|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: what is the percentage change in the balance of unrecognized tax benefits during 2007?",
        "solution": "3.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2015/page_70.pdf\n\nID: GS/2015/page_70.pdf-1\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries management 2019s discussion and analysis operating expenses our operating expenses are primarily influenced by compensation , headcount and levels of business activity .\ncompensation and benefits includes salaries , discretionary compensation , amortization of equity awards and other items such as benefits .\ndiscretionary compensation is significantly impacted by , among other factors , the level of net revenues , overall financial performance , prevailing labor markets , business mix , the structure of our share- based compensation programs and the external environment .\nin addition , see 201cuse of estimates 201d for additional information about expenses that may arise from litigation and regulatory proceedings .\nthe table below presents our operating expenses and total staff ( which includes employees , consultants and temporary staff ) . .\n\nTable Data:\n[['$ in millions', 'year ended december 2015', 'year ended december 2014', 'year ended december 2013'], ['compensation and benefits', '$ 12678', '$ 12691', '$ 12613'], ['brokerage clearing exchange anddistribution fees', '2576', '2501', '2341'], ['market development', '557', '549', '541'], ['communications and technology', '806', '779', '776'], ['depreciation and amortization', '991', '1337', '1322'], ['occupancy', '772', '827', '839'], ['professional fees', '963', '902', '930'], ['insurance reserves1', '2014', '2014', '176'], ['other expenses2', '5699', '2585', '2931'], ['total non-compensation expenses', '12364', '9480', '9856'], ['total operating expenses', '$ 25042', '$ 22171', '$ 22469'], ['total staff at period-end', '36800', '34000', '32900']]\n\nFollowing Text:\n1 .\nconsists of changes in reserves related to our americas reinsurance business , including interest credited to policyholder account balances , and expenses related to property catastrophe reinsurance claims .\nin april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business .\n2 .\nincludes provisions of $ 3.37 billion recorded during 2015 for the agreement in principle with the rmbs working group .\nsee note 27 to the consolidated financial statements for further information about this agreement in principle .\n2015 versus 2014 .\noperating expenses on the consolidated statements of earnings were $ 25.04 billion for 2015 , 13% ( 13 % ) higher than 2014 .\ncompensation and benefits expenses on the consolidated statements of earnings were $ 12.68 billion for 2015 , essentially unchanged compared with 2014 .\nthe ratio of compensation and benefits to net revenues for 2015 was 37.5% ( 37.5 % ) compared with 36.8% ( 36.8 % ) for 2014 .\ntotal staff increased 8% ( 8 % ) during 2015 , primarily due to activity levels in certain businesses and continued investment in regulatory compliance .\nnon-compensation expenses on the consolidated statements of earnings were $ 12.36 billion for 2015 , 30% ( 30 % ) higher than 2014 , due to significantly higher net provisions for mortgage-related litigation and regulatory matters , which are included in other expenses .\nthis increase was partially offset by lower depreciation and amortization expenses , primarily reflecting lower impairment charges related to consolidated investments , and a reduction in expenses related to the sale of metro in the fourth quarter of 2014 .\nnet provisions for litigation and regulatory proceedings for 2015 were $ 4.01 billion compared with $ 754 million for 2014 ( both primarily comprised of net provisions for mortgage-related matters ) .\n2015 included a $ 148 million charitable contribution to goldman sachs gives , our donor-advised fund .\ncompensation was reduced to fund this charitable contribution to goldman sachs gives .\nthe firm asks its participating managing directors to make recommendations regarding potential charitable recipients for this contribution .\n2014 versus 2013 .\noperating expenses on the consolidated statements of earnings were $ 22.17 billion for 2014 , essentially unchanged compared with 2013 .\ncompensation and benefits expenses on the consolidated statements of earnings were $ 12.69 billion for 2014 , essentially unchanged compared with 2013 .\nthe ratio of compensation and benefits to net revenues for 2014 was 36.8% ( 36.8 % ) compared with 36.9% ( 36.9 % ) for 2013 .\ntotal staff increased 3% ( 3 % ) during 2014 .\nnon-compensation expenses on the consolidated statements of earnings were $ 9.48 billion for 2014 , 4% ( 4 % ) lower than 2013 .\nthe decrease compared with 2013 included a decrease in other expenses , due to lower net provisions for litigation and regulatory proceedings and lower operating expenses related to consolidated investments , as well as a decline in insurance reserves , reflecting the sale of our americas reinsurance business in 2013 .\nthese decreases were partially offset by an increase in brokerage , clearing , exchange and distribution fees .\nnet provisions for litigation and regulatory proceedings for 2014 were $ 754 million compared with $ 962 million for 2013 ( both primarily comprised of net provisions for mortgage-related matters ) .\n2014 included a charitable contribution of $ 137 million to goldman sachs gives , our donor-advised fund .\ncompensation was reduced to fund this charitable contribution to goldman sachs gives .\nthe firm asks its participating managing directors to make recommendations regarding potential charitable recipients for this contribution .\n58 goldman sachs 2015 form 10-k .\n\nQuestion: what portion of the total operating expense is related to compensation and benefits in 2015?",
        "solution": "50.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FITB/2013/page_163.pdf\n\nID: FITB/2013/page_163.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements 161 fifth third bancorp as of december 31 , 2012 ( $ in millions ) significant unobservable ranges of financial instrument fair value valuation technique inputs inputs weighted-average commercial loans held for sale $ 9 appraised value appraised value nm nm cost to sell nm 10.0% ( 10.0 % ) commercial and industrial loans 83 appraised value default rates 100% ( 100 % ) nm collateral value nm nm commercial mortgage loans 46 appraised value default rates 100% ( 100 % ) nm collateral value nm nm commercial construction loans 4 appraised value default rates 100% ( 100 % ) nm collateral value nm nm msrs 697 discounted cash flow prepayment speed 0 - 100% ( 100 % ) ( fixed ) 16.1% ( 16.1 % ) ( adjustable ) 26.9% ( 26.9 % ) discount rates 9.4 - 18.0% ( 18.0 % ) ( fixed ) 10.5% ( 10.5 % ) ( adjustable ) 11.7% ( 11.7 % ) .\n\nTable Data:\n[['financial instrument', 'fair value', 'valuation technique', 'significant unobservableinputs', 'ranges ofinputs', 'weighted-average'], ['commercial loans held for sale', '$ 9', 'appraised value', 'appraised valuecost to sell', 'nmnm', 'nm10.0% ( nm10.0 % )'], ['commercial and industrial loans', '83', 'appraised value', 'default ratescollateral value', '100%nm', 'nmnm'], ['commercial mortgage loans', '46', 'appraised value', 'default ratescollateral value', '100%nm', 'nmnm'], ['commercial construction loans', '4', 'appraised value', 'default ratescollateral value', '100%nm', 'nmnm'], ['msrs', '697', 'discounted cash flow', 'prepayment speeddiscount rates', '0 - 100%9.4 - 18.0% ( 18.0 % )', '( fixed ) 16.1% ( 16.1 % ) ( adjustable ) 26.9% ( 26.9 % ) ( fixed ) 10.5% ( 10.5 % ) ( adjustable ) 11.7% ( 11.7 % )'], ['oreo', '165', 'appraised value', 'appraised value', 'nm', 'nm']]\n\nFollowing Text:\ncommercial loans held for sale during 2013 and 2012 , the bancorp transferred $ 5 million and $ 16 million , respectively , of commercial loans from the portfolio to loans held for sale that upon transfer were measured at fair value using significant unobservable inputs .\nthese loans had fair value adjustments in 2013 and 2012 totaling $ 4 million and $ 1 million , respectively , and were generally based on appraisals of the underlying collateral and were therefore , classified within level 3 of the valuation hierarchy .\nadditionally , during 2013 and 2012 there were fair value adjustments on existing commercial loans held for sale of $ 3 million and $ 12 million , respectively .\nthe fair value adjustments were also based on appraisals of the underlying collateral and were therefore classified within level 3 of the valuation hierarchy .\nan adverse change in the fair value of the underlying collateral would result in a decrease in the fair value measurement .\nthe accounting department determines the procedures for valuation of commercial hfs loans which may include a comparison to recently executed transactions of similar type loans .\na monthly review of the portfolio is performed for reasonableness .\nquarterly , appraisals approaching a year old are updated and the real estate valuation group , which reports to the chief risk and credit officer , in conjunction with the commercial line of business review the third party appraisals for reasonableness .\nadditionally , the commercial line of business finance department , which reports to the bancorp chief financial officer , in conjunction with accounting review all loan appraisal values , carrying values and vintages .\ncommercial loans held for investment during 2013 and 2012 , the bancorp recorded nonrecurring impairment adjustments to certain commercial and industrial , commercial mortgage and commercial construction loans held for investment .\nlarger commercial loans included within aggregate borrower relationship balances exceeding $ 1 million that exhibit probable or observed credit weaknesses are subject to individual review for impairment .\nthe bancorp considers the current value of collateral , credit quality of any guarantees , the guarantor 2019s liquidity and willingness to cooperate , the loan structure and other factors when evaluating whether an individual loan is impaired .\nwhen the loan is collateral dependent , the fair value of the loan is generally based on the fair value of the underlying collateral supporting the loan and therefore these loans were classified within level 3 of the valuation hierarchy .\nin cases where the carrying value exceeds the fair value , an impairment loss is recognized .\nan adverse change in the fair value of the underlying collateral would result in a decrease in the fair value measurement .\nthe fair values and recognized impairment losses are reflected in the previous table .\ncommercial credit risk , which reports to the chief risk and credit officer , is responsible for preparing and reviewing the fair value estimates for commercial loans held for investment .\nmortgage interest rates increased during the year ended december 31 , 2013 and the bancorp recognized a recovery of temporary impairment on servicing rights .\nthe bancorp recognized temporary impairments in certain classes of the msr portfolio during the year ended december 31 , 2012 and the carrying value was adjusted to the fair value .\nmsrs do not trade in an active , open market with readily observable prices .\nwhile sales of msrs do occur , the precise terms and conditions typically are not readily available .\naccordingly , the bancorp estimates the fair value of msrs using internal discounted cash flow models with certain unobservable inputs , primarily prepayment speed assumptions , discount rates and weighted average lives , resulting in a classification within level 3 of the valuation hierarchy .\nrefer to note 11 for further information on the assumptions used in the valuation of the bancorp 2019s msrs .\nthe secondary marketing department and treasury department are responsible for determining the valuation methodology for msrs .\nrepresentatives from secondary marketing , treasury , accounting and risk management are responsible for reviewing key assumptions used in the internal discounted cash flow model .\ntwo external valuations of the msr portfolio are obtained from third parties that use valuation models in order to assess the reasonableness of the internal discounted cash flow model .\nadditionally , the bancorp participates in peer surveys that provide additional confirmation of the reasonableness of key assumptions utilized in the msr valuation process and the resulting msr prices .\nduring 2013 and 2012 , the bancorp recorded nonrecurring adjustments to certain commercial and residential real estate properties classified as oreo and measured at the lower of carrying amount or fair value .\nthese nonrecurring losses are primarily due to declines in real estate values of the properties recorded in oreo .\nfor the years ended december 31 , 2013 and 2012 , these losses include $ 19 million and $ 17 million , respectively , recorded as charge-offs , on new oreo properties transferred from loans during the respective periods and $ 26 million and $ 57 million , respectively , recorded as negative fair value adjustments on oreo in other noninterest income subsequent to their transfer from loans .\nas discussed in the following paragraphs , the fair value amounts are generally based on appraisals of the property values , resulting in a .\n\nQuestion: during 2013 , what were total losses in millions for charge-offs on new oreo properties and negative fair value adjustments on existing oreo properties?",
        "solution": "45"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_250.pdf\n\nID: ETR/2011/page_250.pdf-1\n\nPrevious Text:\npart i item 1 entergy corporation , utility operating companies , and system energy asbestos litigation ( entergy arkansas , entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy new orleans , and entergy texas ) numerous lawsuits have been filed in federal and state courts primarily in texas and louisiana , primarily by contractor employees who worked in the 1940-1980s timeframe , against entergy gulf states louisiana and entergy texas , and to a lesser extent the other utility operating companies , as premises owners of power plants , for damages caused by alleged exposure to asbestos .\nmany other defendants are named in these lawsuits as well .\ncurrently , there are approximately 500 lawsuits involving approximately 5000 claimants .\nmanagement believes that adequate provisions have been established to cover any exposure .\nadditionally , negotiations continue with insurers to recover reimbursements .\nmanagement believes that loss exposure has been and will continue to be handled so that the ultimate resolution of these matters will not be material , in the aggregate , to the financial position or results of operation of the utility operating companies .\nemployment and labor-related proceedings ( entergy corporation , entergy arkansas , entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy new orleans , entergy texas , and system energy ) the registrant subsidiaries and other entergy subsidiaries are responding to various lawsuits in both state and federal courts and to other labor-related proceedings filed by current and former employees .\ngenerally , the amount of damages being sought is not specified in these proceedings .\nthese actions include , but are not limited to , allegations of wrongful employment actions ; wage disputes and other claims under the fair labor standards act or its state counterparts ; claims of race , gender and disability discrimination ; disputes arising under collective bargaining agreements ; unfair labor practice proceedings and other administrative proceedings before the national labor relations board ; claims of retaliation ; and claims for or regarding benefits under various entergy corporation sponsored plans .\nentergy and the registrant subsidiaries are responding to these suits and proceedings and deny liability to the claimants .\nemployees employees are an integral part of entergy 2019s commitment to serving customers .\nas of december 31 , 2011 , entergy subsidiaries employed 14682 people .\nutility: .\n\nTable Data:\n[['entergy arkansas', '1357'], ['entergy gulf states louisiana', '805'], ['entergy louisiana', '937'], ['entergy mississippi', '736'], ['entergy new orleans', '342'], ['entergy texas', '674'], ['system energy', '-'], ['entergy operations', '2867'], ['entergy services', '3138'], ['entergy nuclear operations', '3709'], ['other subsidiaries', '117'], ['total entergy', '14682']]\n\nFollowing Text:\napproximately 5300 employees are represented by the international brotherhood of electrical workers , the utility workers union of america , the international brotherhood of teamsters , the united government security officers of america , and the international union , security , police , fire professionals of america. .\n\nQuestion: what percentage of total entergy's employees are part of entergy arkansas?",
        "solution": "9.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2005/page_167.pdf\n\nID: CE/2005/page_167.pdf-3\n\nPrevious Text:\ncelanese corporation and subsidiaries notes to consolidated financial statements ( continued ) 2022 amend certain material agreements governing bcp crystal 2019s indebtedness ; 2022 change the business conducted by celanese holdings and its subsidiaries ; and 2022 enter into hedging agreements that restrict dividends from subsidiaries .\nin addition , the senior credit facilities require bcp crystal to maintain the following financial covenants : a maximum total leverage ratio , a maximum bank debt leverage ratio , a minimum interest coverage ratio and maximum capital expenditures limitation .\nthe maximum consolidated net bank debt to adjusted ebitda ratio , as defined , previously required under the senior credit facilities , was eliminated when the company amended the facilities in january 2005 .\nas of december 31 , 2005 , the company was in compliance with all of the financial covenants related to its debt agreements .\nthe maturation of the company 2019s debt , including short term borrowings , is as follows : ( in $ millions ) .\n\nTable Data:\n[['', 'total ( in$ millions )'], ['2006', '155'], ['2007', '29'], ['2008', '22'], ['2009', '40'], ['2010', '28'], ['thereafter ( 1 )', '3163'], ['total', '3437']]\n\nFollowing Text:\n( 1 ) includes $ 2 million purchase accounting adjustment to assumed debt .\n17 .\nbenefit obligations pension obligations .\npension obligations are established for benefits payable in the form of retirement , disability and surviving dependent pensions .\nthe benefits offered vary according to the legal , fiscal and economic conditions of each country .\nthe commitments result from participation in defined contribution and defined benefit plans , primarily in the u.s .\nbenefits are dependent on years of service and the employee 2019s compensation .\nsupplemental retirement benefits provided to certain employees are non-qualified for u.s .\ntax purposes .\nseparate trusts have been established for some non-qualified plans .\ndefined benefit pension plans exist at certain locations in north america and europe .\nas of december 31 , 2005 , the company 2019s u.s .\nqualified pension plan represented greater than 85% ( 85 % ) and 75% ( 75 % ) of celanese 2019s pension plan assets and liabilities , respectively .\nindependent trusts or insurance companies administer the majority of these plans .\nactuarial valuations for these plans are prepared annually .\nthe company sponsors various defined contribution plans in europe and north america covering certain employees .\nemployees may contribute to these plans and the company will match these contributions in varying amounts .\ncontributions to the defined contribution plans are based on specified percentages of employee contributions and they aggregated $ 12 million for the year ended decem- ber 31 , 2005 , $ 8 million for the nine months ended december 31 , 2004 , $ 3 million for the three months ended march 31 , 2004 and $ 11 million for the year ended december 31 , 2003 .\nin connection with the acquisition of cag , the purchaser agreed to pre-fund $ 463 million of certain pension obligations .\nduring the nine months ended december 31 , 2004 , $ 409 million was pre-funded to the company 2019s pension plans .\nthe company contributed an additional $ 54 million to the non-qualified pension plan 2019s rabbi trusts in february 2005 .\nin connection with the company 2019s acquisition of vinamul and acetex , the company assumed certain assets and obligations related to the acquired pension plans .\nthe company recorded liabilities of $ 128 million for these pension plans .\ntotal pension assets acquired amounted to $ 85 million. .\n\nQuestion: what is average of the debt maturities that will occur in the period from 2006 to 2010 in millions",
        "solution": "54.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FBHS/2017/page_46.pdf\n\nID: FBHS/2017/page_46.pdf-2\n\nPrevious Text:\ncorporate corporate expenses in 2016 benefited from the absence of transaction costs associated with the norcraft acquisition ( $ 15.1 million in 2015 ) .\nthis benefit was offset by higher employee-related costs and lower defined benefit plan income .\n( in millions ) 2016 2015 .\n\nTable Data:\n[['( in millions )', '2016', '2015'], ['general and administrative expense', '$ -80.9 ( 80.9 )', '$ -70.1 ( 70.1 )'], ['defined benefit plan income', '2.9', '6.1'], ['defined benefit plan recognition of actuarial losses', '-1.9 ( 1.9 )', '-2.5 ( 2.5 )'], ['norcraft transaction costs ( a )', '2014', '-15.1 ( 15.1 )'], ['total corporate expenses', '$ -79.9 ( 79.9 )', '$ -81.6 ( 81.6 )']]\n\nFollowing Text:\n( a ) represents external costs directly related to the acquisition of norcraft and primarily includes expenditures for banking , legal , accounting and other similar services .\nin future periods the company may record , in the corporate segment , material expense or income associated with actuarial gains and losses arising from periodic remeasurement of our liabilities for defined benefit plans .\nat a minimum the company will remeasure its defined benefit plan liabilities in the fourth quarter of each year .\nremeasurements due to plan amendments and settlements may also occur in interim periods during the year .\nremeasurement of these liabilities attributable to updating our liability discount rates and expected return on assets may , in particular , result in material income or expense recognition .\nliquidity and capital resources our primary liquidity needs are to support working capital requirements , fund capital expenditures and service indebtedness , as well as to finance acquisitions , repurchase shares of our common stock and pay dividends to stockholders , as deemed appropriate .\nour principal sources of liquidity are cash on hand , cash flows from operating activities , availability under our credit facility and debt issuances in the capital markets .\nour operating income is generated by our subsidiaries .\nthere are no restrictions on the ability of our subsidiaries to pay dividends or make other distributions to fortune brands .\nin december 2017 , our board of directors increased the quarterly cash dividend by 11% ( 11 % ) to $ 0.20 per share of our common stock .\nour board of directors will continue to evaluate dividend payment opportunities on a quarterly basis .\nthere can be no assurance as to when and if future dividends will be paid , and at what level , because the payment of dividends is dependent on our financial condition , results of operations , cash flows , capital requirements and other factors deemed relevant by our board of directors .\nwe periodically review our portfolio of brands and evaluate potential strategic transactions to increase shareholder value .\nhowever , we cannot predict whether or when we may enter into acquisitions , joint ventures or dispositions , make any purchases of shares of our common stock under our share repurchase program , or pay dividends , or what impact any such transactions could have on our results of operations , cash flows or financial condition , whether as a result of the issuance of debt or equity securities , or otherwise .\nour cash flows from operations , borrowing availability and overall liquidity are subject to certain risks and uncertainties , including those described in the section 201citem 1a .\nrisk factors . 201d in june 2016 , the company amended and restated its credit agreement to combine and rollover the existing revolving credit facility and term loan into a new standalone $ 1.25 billion revolving credit facility .\nthis amendment and restatement of the credit agreement was a non-cash transaction for the company .\nterms and conditions of the credit agreement , including the total commitment amount , essentially remained the same as under the 2011 credit agreement .\nthe revolving credit facility will mature in june 2021 and borrowings thereunder will be used for general corporate purposes .\non december 31 , 2017 and december 31 , 2016 , our outstanding borrowings under these facilities were $ 615.0 million and $ 540.0 million , respectively .\nat december 31 , 2017 and december 31 , 2016 , the current portion of long- term debt was zero .\ninterest rates under the facility are variable based on libor at the time of the .\n\nQuestion: in 2015 what was the ratio of the defined benefit plan income to defined benefit plan recognition of actuarial losses",
        "solution": "2.44"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MS/2017/page_57.pdf\n\nID: MS/2017/page_57.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis supplemental financial information and disclosures income tax matters effective tax rate from continuing operations .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['u.s . gaap', '40.1% ( 40.1 % )', '30.8% ( 30.8 % )', '25.9% ( 25.9 % )'], ['adjusted effective income taxrate 2014non-gaap1', '30.8% ( 30.8 % )', '31.6% ( 31.6 % )', '32.3% ( 32.3 % )']]\n\nFollowing Text:\nadjusted effective income tax rate 2014 non-gaap1 30.8% ( 30.8 % ) 31.6% ( 31.6 % ) 32.3% ( 32.3 % ) 1 .\nbeginning in 2017 , income tax consequences associated with employee share-based awards are recognized in provision for income taxes in the income statements but are excluded from the intermittent net discrete tax provisions ( benefits ) adjustment as we anticipate conversion activity each year .\nsee note 2 to the financial statements on the adoption of the accounting update improvements to employee share-based payment accounting .\nfor 2015 , adjusted effective income tax rate also excludes dva .\nfor further information on non-gaap measures , see 201cselected non-gaap financial information 201d herein .\nthe effective tax rate from continuing operations for 2017 included an intermittent net discrete tax provision of $ 968 million , primarily related to the impact of the tax act , partially offset by net discrete tax benefits primarily associ- ated with the remeasurement of reserves and related interest due to new information regarding the status of multi-year irs tax examinations .\nthe tax act , enacted on december 22 , 2017 , significantly revised u.s .\ncorporate income tax law by , among other things , reducing the corporate income tax rate to 21% ( 21 % ) , and implementing a modified territorial tax system that includes a one-time transition tax on deemed repatriated earnings of non-u.s .\nsubsidiaries ; imposes a minimum tax on global intangible low-taxed income ( 201cgilti 201d ) and an alternative base erosion and anti-abuse tax ( 201cbeat 201d ) on u.s .\ncorpora- tions that make deductible payments to non-u.s .\nrelated persons in excess of specified amounts ; and broadens the tax base by partially or wholly eliminating tax deductions for certain historically deductible expenses ( e.g. , fdic premiums and executive compensation ) .\nwe recorded an approximate $ 1.2 billion net discrete tax provision as a result of the enactment of the tax act , primarily from the remeasurement of certain deferred tax assets using the lower enacted corporate tax rate .\nthis provi- sion incorporates the best available information as of the enactment date as well as assumptions made based upon our current interpretation of the tax act .\nour estimates may change as we receive additional clarification and implementa- tion guidance from the u.s .\ntreasury department and as the interpretation of the tax act evolves over time .\nthe ultimate impact of the income tax effects of the tax act will be deter- mined in connection with the preparation of our u.s .\nconsoli- dated federal income tax return .\ntaking into account our current assumptions , estimates and interpretations related to the tax act and other factors , we expect our effective tax rate from continuing operations for 2018 to be approximately 22% ( 22 % ) to 25% ( 25 % ) , depending on factors such as the geographic mix of earnings and employee share- based awards ( see 201cforward-looking statements 201d ) .\nsubsequent to the release of the firm 2019s 2017 earnings on january 18 , 2018 , certain estimates related to the net discrete tax provision associated with the enactment of the tax act were revised , resulting in a $ 43 million increase in the provi- sion for income taxes and a reallocation of impacts among segments .\nthis decreased diluted eps and diluted eps from continuing operations by $ 0.03 and $ 0.02 in the fourth quarter and year ended december 31 , 2017 , respectively .\non a business segment basis , the change resulted in an $ 89 million increase in provision for income taxes for wealth management , a $ 45 million decrease for institutional securi- ties , and a $ 1 million decrease for investment management .\nthe effective tax rate from continuing operations for 2016 included intermittent net discrete tax benefits of $ 68 million , primarily related to the remeasurement of reserves and related interest due to new information regarding the status of multi- year irs tax examinations , partially offset by adjustments for other tax matters .\nthe effective tax rate from continuing operations for 2015 included intermittent net discrete tax benefits of $ 564 million , primarily associated with the repatriation of non-u.s .\nearn- ings at a cost lower than originally estimated due to an internal restructuring to simplify the legal entity organization in the u.k .\nu.s .\nbank subsidiaries we provide loans to a variety of customers , from large corpo- rate and institutional clients to high net worth individuals , primarily through our u.s .\nbank subsidiaries , morgan stanley bank n.a .\n( 201cmsbna 201d ) and morgan stanley private bank , national association ( 201cmspbna 201d ) ( collectively , 201cu.s .\nbank subsidiaries 201d ) .\nthe lending activities in the institutional securities business segment primarily include loans and lending commitments to corporate clients .\nthe lending activ- ities in the wealth management business segment primarily include securities-based lending that allows clients to borrow december 2017 form 10-k 52 .\n\nQuestion: what is the difference between u.s . gaap and adjusted effective income tax rate 2014non-gaap in 2017?",
        "solution": "9.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2015/page_62.pdf\n\nID: PKG/2015/page_62.pdf-2\n\nPrevious Text:\ncash payments for federal , state , and foreign income taxes were $ 238.3 million , $ 189.5 million , and $ 90.7 million for the years ended december 31 , 2015 , 2014 , and 2013 , respectively .\nthe following table summarizes the changes related to pca 2019s gross unrecognized tax benefits excluding interest and penalties ( dollars in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['balance as of january 1', '$ -4.4 ( 4.4 )', '$ -5.4 ( 5.4 )', '$ -111.3 ( 111.3 )'], ['increase related to acquisition of boise inc . ( a )', '2014', '2014', '-65.2 ( 65.2 )'], ['increases related to prior years 2019 tax positions', '-2.8 ( 2.8 )', '-1.0 ( 1.0 )', '-0.1 ( 0.1 )'], ['increases related to current year tax positions', '-0.4 ( 0.4 )', '-0.3 ( 0.3 )', '-1.5 ( 1.5 )'], [\"decreases related to prior years' tax positions ( b )\", '2014', '0.9', '64.8'], ['settlements with taxing authorities ( c )', '0.7', '0.5', '106.2'], ['expiration of the statute of limitations', '1.1', '0.9', '1.7'], ['balance at december 31', '$ -5.8 ( 5.8 )', '$ -4.4 ( 4.4 )', '$ -5.4 ( 5.4 )']]\n\nFollowing Text:\n( a ) in 2013 , pca acquired $ 65.2 million of gross unrecognized tax benefits from boise inc .\nthat related primarily to the taxability of the alternative energy tax credits .\n( b ) the 2013 amount includes a $ 64.3 million gross decrease related to the taxability of the alternative energy tax credits claimed in 2009 excise tax returns by boise inc .\nfor further discussion regarding these credits , see note 7 , alternative energy tax credits .\n( c ) the 2013 amount includes a $ 104.7 million gross decrease related to the conclusion of the internal revenue service audit of pca 2019s alternative energy tax credits .\nfor further discussion regarding these credits , see note 7 , alternative energy tax credits .\nat december 31 , 2015 , pca had recorded a $ 5.8 million gross reserve for unrecognized tax benefits , excluding interest and penalties .\nof the total , $ 4.2 million ( net of the federal benefit for state taxes ) would impact the effective tax rate if recognized .\npca recognizes interest accrued related to unrecognized tax benefits and penalties as income tax expense .\nat december 31 , 2015 and 2014 , we had an insignificant amount of interest and penalties recorded for unrecognized tax benefits included in the table above .\npca does not expect the unrecognized tax benefits to change significantly over the next 12 months .\npca is subject to taxation in the united states and various state and foreign jurisdictions .\na federal examination of the tax years 2010 2014 2012 was concluded in february 2015 .\na federal examination of the 2013 tax year began in october 2015 .\nthe tax years 2014 2014 2015 remain open to federal examination .\nthe tax years 2011 2014 2015 remain open to state examinations .\nsome foreign tax jurisdictions are open to examination for the 2008 tax year forward .\nthrough the boise acquisition , pca recorded net operating losses and credit carryforwards from 2008 through 2011 and 2013 that are subject to examinations and adjustments for at least three years following the year in which utilized .\n7 .\nalternative energy tax credits the company generates black liquor as a by-product of its pulp manufacturing process , which entitled it to certain federal income tax credits .\nwhen black liquor is mixed with diesel , it is considered an alternative fuel that was eligible for a $ 0.50 per gallon refundable alternative energy tax credit for gallons produced before december 31 , 2009 .\nblack liquor was also eligible for a $ 1.01 per gallon taxable cellulosic biofuel producer credit for gallons of black liquor produced and used in 2009 .\nin 2013 , we reversed $ 166.0 million of a reserve for unrecognized tax benefits for alternative energy tax credits as a benefit to income taxes .\napproximately $ 103.9 million ( $ 102.0 million of tax , net of the federal benefit for state taxes , plus $ 1.9 million of accrued interest ) of the reversal is due to the completion of the irs .\n\nQuestion: of the decreases related to prior years' tax positions , what percent of the 2013 amount is the gross decrease related to the taxability of the alternative energy tax credits claimed in 2009 excise tax returns by boise inc?",
        "solution": "99%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2010/page_24.pdf\n\nID: UNP/2010/page_24.pdf-4\n\nPrevious Text:\n2009 levels , we returned a portion of these assets to active service .\nat the end of 2010 , we continued to maintain in storage approximately 17% ( 17 % ) of our multiple purpose locomotives and 14% ( 14 % ) of our freight car inventory , reflecting our ability to effectively leverage our assets as volumes return to our network .\n2022 fuel prices 2013 fuel prices generally increased throughout 2010 as the economy improved .\nour average diesel fuel price per gallon increased nearly 20% ( 20 % ) from january to december of 2010 , driven by higher crude oil barrel prices and conversion spreads .\ncompared to 2009 , our diesel fuel price per gallon consumed increased 31% ( 31 % ) , driving operating expenses up by $ 566 million ( excluding any impact from year-over-year volume increases ) .\nto partially offset the effect of higher fuel prices , we reduced our consumption rate by 3% ( 3 % ) during the year , saving approximately 27 million gallons of fuel .\nthe use of newer , more fuel efficient locomotives ; increased use of distributed locomotive power ( the practice of distributing locomotives throughout a train rather than positioning them all in the lead resulting in safer and more efficient train operations ) ; fuel conservation programs ; and efficient network operations and asset utilization all contributed to this improvement .\n2022 free cash flow 2013 cash generated by operating activities ( adjusted for the reclassification of our receivables securitization facility ) totaled $ 4.5 billion , yielding record free cash flow of $ 1.4 billion in 2010 .\nfree cash flow is defined as cash provided by operating activities ( adjusted for the reclassification of our receivables securitization facility ) , less cash used in investing activities and dividends paid .\nfree cash flow is not considered a financial measure under accounting principles generally accepted in the u.s .\n( gaap ) by sec regulation g and item 10 of sec regulation s-k .\nwe believe free cash flow is important in evaluating our financial performance and measures our ability to generate cash without additional external financings .\nfree cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities .\nthe following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : millions 2010 2009 2008 .\n\nTable Data:\n[['millions', '2010', '2009', '2008'], ['cash provided by operating activities', '$ 4105', '$ 3204', '$ 4044'], ['receivables securitization facility [a]', '400', '184', '16'], ['cash provided by operating activitiesadjusted for the receivables securitizationfacility', '4505', '3388', '4060'], ['cash used in investing activities', '-2488 ( 2488 )', '-2145 ( 2145 )', '-2738 ( 2738 )'], ['dividends paid', '-602 ( 602 )', '-544 ( 544 )', '-481 ( 481 )'], ['free cash flow', '$ 1415', '$ 699', '$ 841']]\n\nFollowing Text:\n[a] effective january 1 , 2010 , a new accounting standard required us to account for receivables transferred under our receivables securitization facility as secured borrowings in our consolidated statements of financial position and as financing activities in our consolidated statements of cash flows .\nthe receivables securitization facility is included in our free cash flow calculation to adjust cash provided by operating activities as though our receivables securitization facility had been accounted for under the new accounting standard for all periods presented .\n2011 outlook 2022 safety 2013 operating a safe railroad benefits our employees , our customers , our shareholders , and the public .\nwe will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , quality control , and training , and engaging our employees .\nwe will continue implementing total safety culture ( tsc ) throughout our operations .\ntsc is designed to establish , maintain , reinforce , and promote safe practices among co-workers .\nthis process allows us to identify and implement best practices for employee and operational safety .\nreducing grade crossing incidents is a critical aspect of our safety programs , and we will continue our efforts to maintain and close crossings ; install video cameras on locomotives ; and educate the public and law enforcement agencies about crossing safety through a combination of our own programs ( including risk assessment strategies ) , various industry programs , and engaging local communities .\n2022 transportation plan 2013 to build upon our success in recent years , we will continue evaluating traffic flows and network logistic patterns , which can be quite dynamic , to identify additional opportunities to simplify operations , remove network variability , and improve network efficiency and asset utilization .\nwe plan to adjust manpower and our locomotive and rail car fleets to meet customer needs and put .\n\nQuestion: what is the annual average dividend paid from 2008-2010 , in millions?",
        "solution": "542.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAT/2017/page_136.pdf\n\nID: CAT/2017/page_136.pdf-1\n\nPrevious Text:\n2017 form 10-k | 115 and $ 1088 million , respectively , were primarily comprised of loans to dealers , and the spc 2019s liabilities of $ 1106 million and $ 1087 million , respectively , were primarily comprised of commercial paper .\nthe assets of the spc are not available to pay cat financial 2019s creditors .\ncat financial may be obligated to perform under the guarantee if the spc experiences losses .\nno loss has been experienced or is anticipated under this loan purchase agreement .\ncat financial is party to agreements in the normal course of business with selected customers and caterpillar dealers in which they commit to provide a set dollar amount of financing on a pre- approved basis .\nthey also provide lines of credit to certain customers and caterpillar dealers , of which a portion remains unused as of the end of the period .\ncommitments and lines of credit generally have fixed expiration dates or other termination clauses .\nit has been cat financial 2019s experience that not all commitments and lines of credit will be used .\nmanagement applies the same credit policies when making commitments and granting lines of credit as it does for any other financing .\ncat financial does not require collateral for these commitments/ lines , but if credit is extended , collateral may be required upon funding .\nthe amount of the unused commitments and lines of credit for dealers as of december 31 , 2017 and 2016 was $ 10993 million and $ 12775 million , respectively .\nthe amount of the unused commitments and lines of credit for customers as of december 31 , 2017 and 2016 was $ 3092 million and $ 3340 million , respectively .\nour product warranty liability is determined by applying historical claim rate experience to the current field population and dealer inventory .\ngenerally , historical claim rates are based on actual warranty experience for each product by machine model/engine size by customer or dealer location ( inside or outside north america ) .\nspecific rates are developed for each product shipment month and are updated monthly based on actual warranty claim experience. .\n\nTable Data:\n[['( millions of dollars )', '2017', '2016'], ['warranty liability january 1', '$ 1258', '$ 1354'], ['reduction in liability ( payments )', '-860 ( 860 )', '-909 ( 909 )'], ['increase in liability ( new warranties )', '1021', '813'], ['warranty liability december 31', '$ 1419', '$ 1258']]\n\nFollowing Text:\n22 .\nenvironmental and legal matters the company is regulated by federal , state and international environmental laws governing our use , transport and disposal of substances and control of emissions .\nin addition to governing our manufacturing and other operations , these laws often impact the development of our products , including , but not limited to , required compliance with air emissions standards applicable to internal combustion engines .\nwe have made , and will continue to make , significant research and development and capital expenditures to comply with these emissions standards .\nwe are engaged in remedial activities at a number of locations , often with other companies , pursuant to federal and state laws .\nwhen it is probable we will pay remedial costs at a site , and those costs can be reasonably estimated , the investigation , remediation , and operating and maintenance costs are accrued against our earnings .\ncosts are accrued based on consideration of currently available data and information with respect to each individual site , including available technologies , current applicable laws and regulations , and prior remediation experience .\nwhere no amount within a range of estimates is more likely , we accrue the minimum .\nwhere multiple potentially responsible parties are involved , we consider our proportionate share of the probable costs .\nin formulating the estimate of probable costs , we do not consider amounts expected to be recovered from insurance companies or others .\nwe reassess these accrued amounts on a quarterly basis .\nthe amount recorded for environmental remediation is not material and is included in accrued expenses .\nwe believe there is no more than a remote chance that a material amount for remedial activities at any individual site , or at all the sites in the aggregate , will be required .\non january 7 , 2015 , the company received a grand jury subpoena from the u.s .\ndistrict court for the central district of illinois .\nthe subpoena requests documents and information from the company relating to , among other things , financial information concerning u.s .\nand non-u.s .\ncaterpillar subsidiaries ( including undistributed profits of non-u.s .\nsubsidiaries and the movement of cash among u.s .\nand non-u.s .\nsubsidiaries ) .\nthe company has received additional subpoenas relating to this investigation requesting additional documents and information relating to , among other things , the purchase and resale of replacement parts by caterpillar inc .\nand non-u.s .\ncaterpillar subsidiaries , dividend distributions of certain non-u.s .\ncaterpillar subsidiaries , and caterpillar sarl and related structures .\non march 2-3 , 2017 , agents with the department of commerce , the federal deposit insurance corporation and the internal revenue service executed search and seizure warrants at three facilities of the company in the peoria , illinois area , including its former corporate headquarters .\nthe warrants identify , and agents seized , documents and information related to , among other things , the export of products from the united states , the movement of products between the united states and switzerland , the relationship between caterpillar inc .\nand caterpillar sarl , and sales outside the united states .\nit is the company 2019s understanding that the warrants , which concern both tax and export activities , are related to the ongoing grand jury investigation .\nthe company is continuing to cooperate with this investigation .\nthe company is unable to predict the outcome or reasonably estimate any potential loss ; however , we currently believe that this matter will not have a material adverse effect on the company 2019s consolidated results of operations , financial position or liquidity .\non march 20 , 2014 , brazil 2019s administrative council for economic defense ( cade ) published a technical opinion which named 18 companies and over 100 individuals as defendants , including two subsidiaries of caterpillar inc. , mge - equipamentos e servi e7os ferrovi e1rios ltda .\n( mge ) and caterpillar brasil ltda .\nthe publication of the technical opinion opened cade 2019s official administrative investigation into allegations that the defendants participated in anticompetitive bid activity for the construction and maintenance of metro and train networks in brazil .\nwhile companies cannot be .\n\nQuestion: what is the 2017 growth rate in the amount of the unused commitments and lines of credit for dealers?",
        "solution": "-14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2007/page_55.pdf\n\nID: LMT/2007/page_55.pdf-4\n\nPrevious Text:\nair mobility sales declined by $ 535 million primarily due to c-130j deliveries ( 12 in 2006 compared to 15 in 2005 ) and lower volume on the c-5 program .\ncombat aircraft sales increased by $ 292 million mainly due to higher f-35 and f-22 volume , partially offset by reduced volume on f-16 programs .\nother aeronautics programs sales increased by $ 83 million primarily due to higher volume in sustainment services activities .\noperating profit for the segment increased 21% ( 21 % ) in 2007 compared to 2006 .\noperating profit increases in combat aircraft more than offset decreases in other aeronautics programs and air mobility .\ncombat aircraft operating profit increased $ 326 million mainly due to improved performance on f-22 and f-16 programs .\nair mobility and other aeronautics programs declined $ 77 million due to lower operating profit in support and sustainment activities .\noperating profit for the segment increased 20% ( 20 % ) in 2006 compared to 2005 .\noperating profit increased in both combat aircraft and air mobility .\ncombat aircraft increased $ 114 million , mainly due to higher volume on the f-35 and f-22 programs , and improved performance on f-16 programs .\nthe improvement for the year was also attributable in part to the fact that in 2005 , operating profit included a reduction in earnings on the f-35 program .\nair mobility operating profit increased $ 84 million , mainly due to improved performance on c-130j sustainment activities in 2006 .\nbacklog decreased in 2007 as compared to 2006 primarily as a result of sales volume on the f-35 program .\nthis decrease was offset partially by increased orders on the f-22 and c-130j programs .\nelectronic systems electronic systems 2019 operating results included the following : ( in millions ) 2007 2006 2005 .\n\nTable Data:\n[['( in millions )', '2007', '2006', '2005'], ['net sales', '$ 11143', '$ 10519', '$ 9811'], ['operating profit', '1410', '1264', '1078'], ['backlog at year-end', '21200', '19700', '18600']]\n\nFollowing Text:\nnet sales for electronic systems increased by 6% ( 6 % ) in 2007 compared to 2006 .\nsales increased in missiles & fire control ( m&fc ) , maritime systems & sensors ( ms2 ) , and platform , training & energy ( pt&e ) .\nm&fc sales increased $ 258 million mainly due to higher volume in fire control systems and air defense programs , which more than offset declines in tactical missile programs .\nms2 sales grew $ 254 million due to volume increases in undersea and radar systems activities that were offset partially by decreases in surface systems activities .\npt&e sales increased $ 113 million , primarily due to higher volume in platform integration activities , which more than offset declines in distribution technology activities .\nnet sales for electronic systems increased by 7% ( 7 % ) in 2006 compared to 2005 .\nhigher volume in platform integration activities led to increased sales of $ 329 million at pt&e .\nms2 sales increased $ 267 million primarily due to surface systems activities .\nair defense programs contributed to increased sales of $ 118 million at m&fc .\noperating profit for the segment increased by 12% ( 12 % ) in 2007 compared to 2006 , representing an increase in all three lines of business during the year .\noperating profit increased $ 70 million at pt&e primarily due to higher volume and improved performance on platform integration activities .\nms2 operating profit increased $ 32 million due to higher volume on undersea and tactical systems activities that more than offset lower volume on surface systems activities .\nat m&fc , operating profit increased $ 32 million due to higher volume in fire control systems and improved performance in tactical missile programs , which partially were offset by performance on certain international air defense programs in 2006 .\noperating profit for the segment increased by 17% ( 17 % ) in 2006 compared to 2005 .\noperating profit increased by $ 74 million at ms2 mainly due to higher volume on surface systems and undersea programs .\npt&e operating profit increased $ 61 million mainly due to improved performance on distribution technology activities .\nhigher volume on air defense programs contributed to a $ 52 million increase in operating profit at m&fc .\nthe increase in backlog during 2007 over 2006 resulted primarily from increased orders for certain tactical missile programs and fire control systems at m&fc and platform integration programs at pt&e. .\n\nQuestion: what was the percentage change in backlog from 2005 to 2006?",
        "solution": "6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2012/page_82.pdf\n\nID: BLK/2012/page_82.pdf-2\n\nPrevious Text:\nthe company further presents total net 201ceconomic 201d investment exposure , net of deferred compensation investments and hedged investments , to reflect another gauge for investors as the economic impact of investments held pursuant to deferred compensation arrangements is substantially offset by a change in compensation expense and the impact of hedged investments is substantially mitigated by total return swap hedges .\ncarried interest capital allocations are excluded as there is no impact to blackrock 2019s stockholders 2019 equity until such amounts are realized as performance fees .\nfinally , the company 2019s regulatory investment in federal reserve bank stock , which is not subject to market or interest rate risk , is excluded from the company 2019s net economic investment exposure .\n( dollar amounts in millions ) december 31 , december 31 .\n\nTable Data:\n[['( dollar amounts in millions )', 'december 31 2012', 'december 31 2011'], ['total investments gaap', '$ 1750', '$ 1631'], ['investments held by consolidated sponsored investmentfunds ( 1 )', '-524 ( 524 )', '-587 ( 587 )'], ['net exposure to consolidated investment funds', '430', '475'], ['total investments as adjusted', '1656', '1519'], ['federal reserve bank stock ( 2 )', '-89 ( 89 )', '-328 ( 328 )'], ['carried interest', '-85 ( 85 )', '-21 ( 21 )'], ['deferred compensation investments', '-62 ( 62 )', '-65 ( 65 )'], ['hedged investments', '-209 ( 209 )', '-43 ( 43 )'], ['total 201ceconomic 201d investment exposure', '$ 1211', '$ 1062']]\n\nFollowing Text:\ntotal 201ceconomic 201d investment exposure .\n.\n.\n$ 1211 $ 1062 ( 1 ) at december 31 , 2012 and december 31 , 2011 , approximately $ 524 million and $ 587 million , respectively , of blackrock 2019s total gaap investments were maintained in sponsored investment funds that were deemed to be controlled by blackrock in accordance with gaap , and , therefore , are consolidated even though blackrock may not economically own a majority of such funds .\n( 2 ) the decrease of $ 239 million related to a lower holding requirement of federal reserve bank stock held by blackrock institutional trust company , n.a .\n( 201cbtc 201d ) .\ntotal investments , as adjusted , at december 31 , 2012 increased $ 137 million from december 31 , 2011 , resulting from $ 765 million of purchases/capital contributions , $ 185 million from positive market valuations and earnings from equity method investments , and $ 64 million from net additional carried interest capital allocations , partially offset by $ 742 million of sales/maturities and $ 135 million of distributions representing return of capital and return on investments. .\n\nQuestion: in 2012 , what net exposure amounted to consolidated investment funds amounted to what percent of the investments held by consolidated sponsored investment funds?",
        "solution": "82.06%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EMN/2006/page_108.pdf\n\nID: EMN/2006/page_108.pdf-1\n\nPrevious Text:\neastman notes to the audited consolidated financial statements accumulated other comprehensive income ( loss ) ( dollars in millions ) cumulative translation adjustment unfunded additional minimum pension liability unrecognized loss and prior service cost , net of unrealized gains ( losses ) on cash flow hedges unrealized losses on investments accumulated comprehensive income ( loss ) balance at december 31 , 2004 155 ( 248 ) -- ( 8 ) ( 2 ) ( 103 ) .\n\nTable Data:\n[['( dollars in millions )', 'cumulative translation adjustment$', 'unfundedadditionalminimum pension liability$', 'unrecognized loss and prior service cost net of taxes$', 'unrealized gains ( losses ) on cash flow hedges$', 'unrealized losses on investments$', 'accumulated other comprehensive income ( loss ) $'], ['balance at december 31 2004', '155', '-248 ( 248 )', '--', '-8 ( 8 )', '-2 ( 2 )', '-103 ( 103 )'], ['period change', '-94 ( 94 )', '-7 ( 7 )', '--', '3', '1', '-97 ( 97 )'], ['balance at december 31 2005', '61', '-255 ( 255 )', '--', '-5 ( 5 )', '-1 ( 1 )', '-200 ( 200 )'], ['period change', '60', '48', '--', '-1 ( 1 )', '--', '107'], ['pre-sfas no . 158 balance at december 31 2006', '121', '-207 ( 207 )', '--', '-6 ( 6 )', '-1 ( 1 )', '-93 ( 93 )'], ['adjustments to apply sfas no . 158', '--', '207', '-288 ( 288 )', '--', '--', '-81 ( 81 )'], ['balance at december 31 2006', '121', '--', '-288 ( 288 )', '-6 ( 6 )', '-1 ( 1 )', '-174 ( 174 )']]\n\nFollowing Text:\npre-sfas no .\n158 balance at december 31 , 2006 121 ( 207 ) -- ( 6 ) ( 1 ) ( 93 ) adjustments to apply sfas no .\n158 -- 207 ( 288 ) -- -- ( 81 ) balance at december 31 , 2006 121 -- ( 288 ) ( 6 ) ( 1 ) ( 174 ) except for cumulative translation adjustment , amounts of other comprehensive income ( loss ) are presented net of applicable taxes .\nbecause cumulative translation adjustment is considered a component of permanently invested , unremitted earnings of subsidiaries outside the united states , no taxes are provided on such amounts .\n15 .\nshare-based compensation plans and awards 2002 omnibus long-term compensation plan eastman's 2002 omnibus long-term compensation plan provides for grants to employees of nonqualified stock options , incentive stock options , tandem and freestanding stock appreciation rights ( 201csar 2019s 201d ) , performance shares and various other stock and stock-based awards .\nthe 2002 omnibus plan provides that options can be granted through may 2 , 2007 , for the purchase of eastman common stock at an option price not less than 100 percent of the per share fair market value on the date of the stock option's grant .\nthere is a maximum of 7.5 million shares of common stock available for option grants and other awards during the term of the 2002 omnibus plan .\ndirector long-term compensation plan eastman's 2002 director long-term compensation plan provides for grants of nonqualified stock options and restricted shares to nonemployee members of the board of directors .\nshares of restricted stock are granted upon the first day of the directors' initial term of service and nonqualified stock options and shares of restricted stock are granted each year following the annual meeting of stockholders .\nthe 2002 director plan provides that options can be granted through the later of may 1 , 2007 , or the date of the annual meeting of stockholders in 2007 for the purchase of eastman common stock at an option price not less than the stock's fair market value on the date of the grant. .\n\nQuestion: what is the percent change in cumulative translation adjustment between 2004 and 2006?",
        "solution": "-21.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2009/page_122.pdf\n\nID: STT/2009/page_122.pdf-1\n\nPrevious Text:\nnote 10 .\ncommitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit .\nthe potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral .\nthe following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 .\namounts reported do not reflect participations to independent third parties. .\n\nTable Data:\n[['( in millions )', '2009', '2008'], ['indemnified securities financing', '$ 365251', '$ 324590'], ['asset purchase agreements ( 1 )', '8211', '31780'], ['unfunded commitments to extend credit', '18078', '20981'], ['standby letters of credit', '4784', '6061']]\n\nFollowing Text:\n( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 .\napproximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .\nsince many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements .\nsecurities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .\nwe generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .\ncollateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .\nwe require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .\nthe borrowed securities are revalued daily to determine if additional collateral is necessary .\nin this regard , we held , as agent , cash and u.s .\ngovernment securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above .\nthe collateral held by us is invested on behalf of our customers in accordance with their guidelines .\nin certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .\nwe require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .\nthe indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .\nof the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements .\nwe held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively .\nlegal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened .\nthese matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices .\nthe resolution of these proceedings is inherently difficult to predict .\nhowever , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .\n\nQuestion: what is the percent change in the amount kept as collateral between 2008 and 2009?",
        "solution": "12.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2005/page_56.pdf\n\nID: CE/2005/page_56.pdf-3\n\nPrevious Text:\nitem 4 .\nsubmission of matters to a vote of security holders no matters were submitted to a vote of security holders during the fourth quarter of 2005 .\npart ii item 5 .\nmarket for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our series a common stock has traded on the new york stock exchange under the symbol 2018 2018ce 2019 2019 since january 21 , 2005 .\nthe closing sale price of our series a common stock , as reported by the new york stock exchange , on march 6 , 2006 was $ 20.98 .\nthe following table sets forth the high and low intraday sales prices per share of our common stock , as reported by the new york stock exchange , for the periods indicated. .\n\nTable Data:\n[['2005', 'pricerange high', 'pricerange low'], ['quarterended march 312005', '$ 18.65', '$ 15.10'], ['quarter endedjune 302005', '$ 18.16', '$ 13.54'], ['quarter endedseptember 30 2005', '$ 20.06', '$ 15.88'], ['quarter endeddecember 312005', '$ 19.76', '$ 15.58']]\n\nFollowing Text:\nholders no shares of celanese 2019s series b common stock are issued and outstanding .\nas of march 6 , 2006 , there were 51 holders of record of our series a common stock , and one holder of record of our perpetual preferred stock .\nby including persons holding shares in broker accounts under street names , however , we estimate our shareholder base to be approximately 6800 as of march 6 , 2006 .\ndividend policy in july 2005 , our board of directors adopted a policy of declaring , subject to legally available funds , a quarterly cash dividend on each share of our common stock at an annual rate initially equal to approximately 1% ( 1 % ) of the $ 16 price per share in the initial public offering of our series a common stock ( or $ 0.16 per share ) unless our board of directors , in its sole discretion , determines otherwise , commencing the second quarter of 2005 .\npursuant to this policy , the company paid the quarterly dividends of $ 0.04 per share on august 11 , 2005 , november 1 , 2005 and february 1 , 2006 .\nbased on the number of outstanding shares of our series a common stock , the anticipated annual cash dividend is approximately $ 25 million .\nhowever , there is no assurance that sufficient cash will be available in the future to pay such dividend .\nfurther , such dividends payable to holders of our series a common stock cannot be declared or paid nor can any funds be set aside for the payment thereof , unless we have paid or set aside funds for the payment of all accumulated and unpaid dividends with respect to the shares of our preferred stock , as described below .\nour board of directors may , at any time , modify or revoke our dividend policy on our series a common stock .\nwe are required under the terms of the preferred stock to pay scheduled quarterly dividends , subject to legally available funds .\nfor so long as the preferred stock remains outstanding , ( 1 ) we will not declare , pay or set apart funds for the payment of any dividend or other distribution with respect to any junior stock or parity stock and ( 2 ) neither we , nor any of our subsidiaries , will , subject to certain exceptions , redeem , purchase or otherwise acquire for consideration junior stock or parity stock through a sinking fund or otherwise , in each case unless we have paid or set apart funds for the payment of all accumulated and unpaid dividends with respect to the shares of preferred stock and any parity stock for all preceding dividend periods .\npursuant to this policy , the company paid the quarterly dividends of $ 0.265625 on its 4.25% ( 4.25 % ) convertible perpetual preferred stock on august 1 , 2005 , november 1 , 2005 and february 1 , 2006 .\nthe anticipated annual cash dividend is approximately $ 10 million. .\n\nQuestion: what is the maximum variance during the quarter ended in march 31 , 2005?",
        "solution": "3.55"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2004/page_192.pdf\n\nID: HIG/2004/page_192.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) 17 .\npension plans and postretirement health care and life insurance benefit plans ( continued ) benefit payments the following table sets forth amounts of benefits expected to be paid over the next ten years from the company 2019s pension and postretirement plans as of december 31 , 2004: .\n\nTable Data:\n[['', 'pension benefits', 'other postretirement benefits'], ['2005', '$ 125', '$ 30'], ['2006', '132', '31'], ['2007', '143', '31'], ['2008', '154', '33'], ['2009', '166', '34'], ['2010-2014', '1052', '193'], ['total', '$ 1772', '$ 352']]\n\nFollowing Text:\n18 .\nstock compensation plans on may 18 , 2000 , the shareholders of the hartford approved the hartford incentive stock plan ( the 201c2000 plan 201d ) , which replaced the hartford 1995 incentive stock plan ( the 201c1995 plan 201d ) .\nthe terms of the 2000 plan were substantially similar to the terms of the 1995 plan except that the 1995 plan had an annual award limit and a higher maximum award limit .\nunder the 2000 plan , awards may be granted in the form of non-qualified or incentive stock options qualifying under section 422a of the internal revenue code , performance shares or restricted stock , or any combination of the foregoing .\nin addition , stock appreciation rights may be granted in connection with all or part of any stock options granted under the 2000 plan .\nin december 2004 , the 2000 plan was amended to allow for grants of restricted stock units effective as of january 1 , 2005 .\nthe aggregate number of shares of stock , which may be awarded , is subject to a maximum limit of 17211837 shares applicable to all awards for the ten-year duration of the 2000 plan .\nall options granted have an exercise price equal to the market price of the company 2019s common stock on the date of grant , and an option 2019s maximum term is ten years and two days .\ncertain options become exercisable over a three year period commencing one year from the date of grant , while certain other options become exercisable upon the attainment of specified market price appreciation of the company 2019s common shares .\nfor any year , no individual employee may receive an award of options for more than 1000000 shares .\nas of december 31 , 2004 , the hartford had not issued any incentive stock options under the 2000 plan .\nperformance awards of common stock granted under the 2000 plan become payable upon the attainment of specific performance goals achieved over a period of not less than one nor more than five years , and the restricted stock granted is subject to a restriction period .\non a cumulative basis , no more than 20% ( 20 % ) of the aggregate number of shares which may be awarded under the 2000 plan are available for performance shares and restricted stock awards .\nalso , the maximum award of performance shares for any individual employee in any year is 200000 shares .\nin 2004 , 2003 and 2002 , the company granted shares of common stock of 315452 , 333712 and 40852 with weighted average prices of $ 64.93 , $ 38.13 and $ 62.28 , respectively , related to performance share and restricted stock awards .\nin 1996 , the company established the hartford employee stock purchase plan ( 201cespp 201d ) .\nunder this plan , eligible employees of the hartford may purchase common stock of the company at a 15% ( 15 % ) discount from the lower of the closing market price at the beginning or end of the quarterly offering period .\nthe company may sell up to 5400000 shares of stock to eligible employees under the espp .\nin 2004 , 2003 and 2002 , 345262 , 443467 and 408304 shares were sold , respectively .\nthe per share weighted average fair value of the discount under the espp was $ 9.31 , $ 11.96 , and $ 11.70 in 2004 , 2003 and 2002 , respectively .\nadditionally , during 1997 , the hartford established employee stock purchase plans for certain employees of the company 2019s international subsidiaries .\nunder these plans , participants may purchase common stock of the hartford at a fixed price at the end of a three-year period .\nthe activity under these programs is not material. .\n\nQuestion: what was the average shares the company granted of common stock from 2002 to 2004",
        "solution": "230005.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2017/page_57.pdf\n\nID: CME/2017/page_57.pdf-5\n\nPrevious Text:\nrecognized total losses and expenses of $ 28.6 million , including a net loss on write-down to fair value of the assets and certain other transaction fees of $ 27.1 million within other expenses and $ 1.5 million of legal and other fees .\n2022 professional fees and outside services expense decreased in 2017 compared to 2016 , largely due to higher legal and regulatory fees in 2016 related to our business activities and product offerings as well as higher professional fees related to a greater reliance on consultants for security and systems enhancement work .\nthe overall decrease in operating expenses in 2017 when compared with 2016 was partially offset by the following increases : 2022 licensing and other fee sharing agreements expense increased due to higher expense resulting from incentive payments made to facilitate the transition of the russell contract open interest , as well as increased costs of revenue sharing agreements for certain licensed products .\nthe overall increase in 2017 was partially offset by lower expense related to revenue sharing agreements for certain equity and energy contracts due to lower volume for these products compared to 2016 .\n2022 compensation and benefits expense increased as a result of higher average headcount primarily in our international locations as well as normal cost of living adjustments .\n2016 compared with 2015 operating expenses increased by $ 54.4 million in 2016 when compared with 2015 .\nthe following table shows the estimated impact of key factors resulting in the net decrease in operating expenses .\n( dollars in millions ) over-year change change as a percentage of 2015 expenses .\n\nTable Data:\n[['( dollars in millions )', 'year-over-yearchange', 'change as apercentage of2015 expenses'], ['loss on datacenter and related legal fees', '$ 28.6', '2% ( 2 % )'], ['professional fees and outside services', '24.4', '2'], ['foreign currency exchange rate fluctuation', '13.2', '1'], ['licensing and other fee agreements', '12.0', '1'], ['reorganization severance and retirement costs', '-8.1 ( 8.1 )', '-1 ( 1 )'], ['real estate taxes and fees', '-10.0 ( 10.0 )', '-1 ( 1 )'], ['other expenses net', '-5.7 ( 5.7 )', '2014'], ['total', '$ 54.4', '4% ( 4 % )']]\n\nFollowing Text:\noverall operating expenses increased in 2016 when compared with 2015 due to the following reasons : 2022 in 2016 , we recognized total losses and expenses of $ 28.6 million , including a net loss on write-down to fair value of the assets and certain other transaction fees of $ 27.1 million within other expenses and $ 1.5 million of legal and other fees as a result of our sale and leaseback of our datacenter .\n2022 professional fees and outside services expense increased in 2016 largely due to an increase in legal and regulatory efforts related to our business activities and product offerings as well as an increase in professional fees related to a greater reliance on consultants for security and systems enhancement work .\n2022 in 2016 , we recognized a net loss of $ 24.5 million due to an unfavorable change in exchange rates on foreign cash balances , compared with a net loss of $ 11.3 million in 2015 .\n2022 licensing and other fee sharing agreements expense increased due to higher expense related to revenue sharing agreements for certain equity and energy contracts due to both higher volume and an increase in license rates for certain equity and energy products. .\n\nQuestion: what was the percent of the professional fees and outside services as part of the total overall changes 24.4",
        "solution": "44.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_325.pdf\n\nID: ETR/2017/page_325.pdf-4\n\nPrevious Text:\nentergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. .\n\nTable Data:\n[['2017', '2016', '2015', '2014'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['( $ 166137 )', '( $ 51232 )', '( $ 52742 )', '$ 2218']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nentergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .\nentergy arkansas also has a $ 20 million credit facility scheduled to expire in april 2018 . a0 a0the $ 150 million credit facility permits the issuance of letters of credit against $ 5 million of the borrowing capacity of the facility .\nas of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .\nin addition , entergy arkansas is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations to miso .\nas of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .\nsee note 4 to the financial statements for further discussion of the credit facilities .\nthe entergy arkansas nuclear fuel company variable interest entity has a credit facility in the amount of $ 80 million scheduled to expire in may 2019 . a0 a0as of december 31 , 2017 , $ 50 million in letters of credit to support a like amount of commercial paper issued and $ 24.9 million in loans were outstanding under the entergy arkansas nuclear fuel company variable interest entity credit facility .\nsee note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .\nentergy arkansas obtained authorizations from the ferc through october 2019 for short-term borrowings not to exceed an aggregate amount of $ 250 million at any time outstanding and borrowings by its nuclear fuel company variable interest entity .\nsee note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .\nthe long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .\nentergy arkansas , inc .\nand subsidiaries management 2019s financial discussion and analysis state and local rate regulation and fuel-cost recovery retail rates 2015 base rate filing in april 2015 , entergy arkansas filed with the apsc for a general change in rates , charges , and tariffs .\nthe filing notified the apsc of entergy arkansas 2019s intent to implement a forward test year formula rate plan pursuant to arkansas legislation passed in 2015 , and requested a retail rate increase of $ 268.4 million , with a net increase in revenue of $ 167 million .\nthe filing requested a 10.2% ( 10.2 % ) return on common equity .\nin september 2015 the apsc staff and intervenors filed direct testimony , with the apsc staff recommending a revenue requirement of $ 217.9 million and a 9.65% ( 9.65 % ) return on common equity .\nin december 2015 , entergy arkansas , the apsc staff , and certain of the intervenors in the rate case filed with the apsc a joint motion for approval of a settlement of the case that proposed a retail rate increase of approximately $ 225 million with a net increase in revenue of approximately $ 133 million ; an authorized return on common equity of 9.75% ( 9.75 % ) ; and a formula rate plan tariff that provides a +/- 50 basis point band around the 9.75% ( 9.75 % ) allowed return on common equity .\na significant portion of the rate increase is related to entergy arkansas 2019s acquisition in march 2016 of union power station power block 2 for a base purchase price of $ 237 million .\nthe settlement agreement also provided for amortization over a 10-year period of $ 7.7 million of previously-incurred costs related to ano post-fukushima compliance and $ 9.9 million of previously-incurred costs related to ano flood barrier compliance .\na settlement hearing was held in january 2016 .\nin february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .\nthe settling parties agreed to the apsc modifications in february 2016 .\nthe new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .\nin march 2016 , entergy arkansas made a compliance filing regarding the .\n\nQuestion: in 2016 as part of the entergy arkansas 2019s intent to implement a forward test year formula rate plan pursuant to arkansas legislation passed in 2015 , what was the ratio of the and requested a retail rate increase to the net increase",
        "solution": "1.61"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2011/page_38.pdf\n\nID: AAPL/2011/page_38.pdf-3\n\nPrevious Text:\n35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s .\ntaxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s .\nas of september 24 , 2011 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 3.2 billion , and deferred tax liabilities of $ 9.2 billion .\nmanagement believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets .\nthe company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance .\nthe internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments .\nthe company has contested certain of these adjustments through the irs appeals office .\nthe irs is currently examining the years 2007 through 2009 .\nall irs audit issues for years prior to 2004 have been resolved .\nin addition , the company is subject to audits by state , local , and foreign tax authorities .\nmanagement believes that adequate provisions have been made for any adjustments that may result from tax examinations .\nhowever , the outcome of tax audits cannot be predicted with certainty .\nif any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs .\nliquidity and capital resources the following table presents selected financial information and statistics as of and for the three years ended september 24 , 2011 ( in millions ) : .\n\nTable Data:\n[['', '2011', '2010', '2009'], ['cash cash equivalents and marketable securities', '$ 81570', '$ 51011', '$ 33992'], ['accounts receivable net', '$ 5369', '$ 5510', '$ 3361'], ['inventories', '$ 776', '$ 1051', '$ 455'], ['working capital', '$ 17018', '$ 20956', '$ 20049'], ['annual operating cash flow', '$ 37529', '$ 18595', '$ 10159']]\n\nFollowing Text:\ncash , cash equivalents and marketable securities increased $ 30.6 billion or 60% ( 60 % ) during 2011 .\nthe principal components of this net increase was the cash generated by operating activities of $ 37.5 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 4.3 billion , payments for acquisition of intangible assets of $ 3.2 billion and payments made in connection with business acquisitions , net of cash acquired , of $ 244 million .\nthe company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments and other liquidity requirements associated with its existing operations over the next 12 months .\nthe company 2019s marketable securities investment portfolio is invested primarily in highly rated securities and its policy generally limits the amount of credit exposure to any one issuer .\nthe company 2019s investment policy requires investments to generally be investment grade with the objective of minimizing the potential risk of principal loss .\nas of september 24 , 2011 and september 25 , 2010 , $ 54.3 billion and $ 30.8 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s .\ndollar-denominated holdings .\namounts held by foreign subsidiaries are generally subject to u.s .\nincome taxation on repatriation to the u.s .\ncapital assets the company 2019s capital expenditures were $ 4.6 billion during 2011 , consisting of approximately $ 614 million for retail store facilities and $ 4.0 billion for other capital expenditures , including product tooling and manufacturing .\n\nQuestion: what year had the greatest amount of accounts receivable net?",
        "solution": "2010"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2018/page_50.pdf\n\nID: UNP/2018/page_50.pdf-4\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201ccompany 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations operations and segmentation 2013 we are a class i railroad operating in the u.s .\nour network includes 32236 route miles , linking pacific coast and gulf coast ports with the midwest and eastern u.s .\ngateways and providing several corridors to key mexican gateways .\nwe own 26039 miles and operate on the remainder pursuant to trackage rights or leases .\nwe serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough we provide and analyze revenue by commodity group , we treat the financial results of the railroad as one segment due to the integrated nature of our rail network .\nour operating revenues are primarily derived from contracts with customers for the transportation of freight from origin to destination .\neffective january 1 , 2018 , the company reclassified its six commodity groups into four : agricultural products , energy , industrial , and premium .\nthe following table represents a disaggregation of our freight and other revenues: .\n\nTable Data:\n[['millions', '2018', '2017', '2016'], ['agricultural products', '$ 4469', '$ 4303', '$ 4209'], ['energy', '4608', '4498', '3715'], ['industrial', '5679', '5204', '4964'], ['premium', '6628', '5832', '5713'], ['total freight revenues', '$ 21384', '$ 19837', '$ 18601'], ['other subsidiary revenues', '881', '885', '814'], ['accessorial revenues', '502', '458', '455'], ['other', '65', '60', '71'], ['total operating revenues', '$ 22832', '$ 21240', '$ 19941']]\n\nFollowing Text:\nalthough our revenues are principally derived from customers domiciled in the u.s. , the ultimate points of origination or destination for some products we transport are outside the u.s .\neach of our commodity groups includes revenue from shipments to and from mexico .\nincluded in the above table are freight revenues from our mexico business which amounted to $ 2.5 billion in 2018 , $ 2.3 billion in 2017 , and $ 2.2 billion in 2016 .\nbasis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the u.s .\n( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) .\n2 .\nsignificant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries .\ninvestments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting .\nall intercompany transactions are eliminated .\nwe currently have no less than majority-owned investments that require consolidation under variable interest entity requirements .\ncash , cash equivalents and restricted cash 2013 cash equivalents consist of investments with original maturities of three months or less .\namounts included in restricted cash represent those required to be set aside by contractual agreement. .\n\nQuestion: what percent of total operating revenues in 2018 were industrial?",
        "solution": "25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KIM/2010/page_103.pdf\n\nID: KIM/2010/page_103.pdf-2\n\nPrevious Text:\nkimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .\nthese bonds expire upon the completion of the improvements and infrastructure .\nas of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .\nas of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .\nthe company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .\nthe company is subject to various other legal proceedings and claims that arise in the ordinary course of business .\nmanagement believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .\n23 .\nincentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .\nthe prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .\nthe 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .\nunless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .\nrestricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .\nperformance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .\nin addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .\nthe company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .\nthe fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .\nthe assump- tion for expected volatility has a significant affect on the grant date fair value .\nvolatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .\nthe more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 .\n\nTable Data:\n[['2009', 'year ended december 31 2010 2009', 'year ended december 31 2010 2009', 'year ended december 31 2010'], ['weighted average fair value of options granted', '$ 3.82', '$ 3.16', '$ 5.73'], ['weighted average risk-free interest rates', '2.40% ( 2.40 % )', '2.54% ( 2.54 % )', '3.13% ( 3.13 % )'], ['weighted average expected option lives ( in years )', '6.25', '6.25', '6.38'], ['weighted average expected volatility', '37.98% ( 37.98 % )', '45.81% ( 45.81 % )', '26.16% ( 26.16 % )'], ['weighted average expected dividend yield', '4.21% ( 4.21 % )', '5.48% ( 5.48 % )', '4.33% ( 4.33 % )']]\n\nFollowing Text:\n.\n\nQuestion: what is the growth rate in weighted average fair value of options granted in 2009?",
        "solution": "-44.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLL/2010/page_39.pdf\n\nID: BLL/2010/page_39.pdf-1\n\nPrevious Text:\npage 26 of 100 our calculation of adjusted net earnings is summarized below: .\n\nTable Data:\n[['( $ in millions except per share amounts )', '2010', '2009', '2008'], ['net earnings attributable to ball corporation as reported', '$ 468.0', '$ 387.9', '$ 319.5'], ['discontinued operations net of tax', '74.9', '2.2', '-4.6 ( 4.6 )'], ['business consolidation activities net of tax', '-9.3 ( 9.3 )', '13.0', '27.1'], ['gains and equity earnings related to acquisitions net of tax', '-105.9 ( 105.9 )', '2212', '2212'], ['gain on dispositions net of tax', '2212', '-30.7 ( 30.7 )', '-4.4 ( 4.4 )'], ['debt refinancing costs net of tax', '5.3', '2212', '2212'], ['adjusted net earnings', '$ 433.0', '$ 372.4', '$ 337.6'], ['per diluted share from continuing operations as reported', '$ 2.96', '$ 2.05', '$ 1.62'], ['per diluted share as adjusted', '2.36', '1.96', '1.74']]\n\nFollowing Text:\ndebt facilities and refinancing interest-bearing debt at december 31 , 2010 , increased $ 216.1 million to $ 2.8 billion from $ 2.6 billion at december 31 , 2009 .\nin december 2010 , ball replaced its senior credit facilities due october 2011 with new senior credit facilities due december 2015 .\nthe senior credit facilities bear interest at variable rates and include a $ 200 million term a loan denominated in u.s .\ndollars , a a351 million term b loan denominated in british sterling and a 20ac100 million term c loan denominated in euros .\nthe facilities also include ( 1 ) a multi-currency , long-term revolving credit facility that provides the company with up to approximately $ 850 million and ( 2 ) a french multi-currency revolving facility that provides the company with up to $ 150 million .\nthe revolving credit facilities expire in december 2015 .\nin november 2010 , ball issued $ 500 million of new 5.75 percent senior notes due in may 2021 .\nthe net proceeds from this offering were used to repay the borrowings under our term d loan facility and for general corporate purposes .\nin march 2010 , ball issued $ 500 million of new 6.75 percent senior notes due in september 2020 .\non that same date , the company issued a notice of redemption to call $ 509 million in 6.875 percent senior notes due december 2012 at a redemption price of 101.146 percent of the outstanding principal amount plus accrued interest .\nthe redemption of the bonds occurred on april 21 , 2010 , and resulted in a charge of $ 8.1 million for the call premium and the write off of unamortized financing costs and unamortized premiums .\nthe charge is included in the 2010 statement of earnings as a component of interest expense .\nat december 31 , 2010 , approximately $ 976 million was available under the company 2019s committed multi-currency revolving credit facilities .\nthe company 2019s prc operations also had approximately $ 20 million available under a committed credit facility of approximately $ 52 million .\nin addition to the long-term committed credit facilities , the company had $ 372 million of short-term uncommitted credit facilities available at the end of 2010 , of which $ 76.2 million was outstanding and due on demand , as well as approximately $ 175 million of available borrowings under its accounts receivable securitization program .\nin october 2010 , the company renewed its receivables sales agreement for a period of one year .\nthe size of the new program will vary between a maximum of $ 125 million for settlement dates in january through april and a maximum of $ 175 million for settlement dates in the remaining months .\ngiven our free cash flow projections and unused credit facilities that are available until december 2015 , our liquidity is strong and is expected to meet our ongoing operating cash flow and debt service requirements .\nwhile the recent financial and economic conditions have raised concerns about credit risk with counterparties to derivative transactions , the company mitigates its exposure by spreading the risk among various counterparties and limiting exposure to any one party .\nwe also monitor the credit ratings of our suppliers , customers , lenders and counterparties on a regular basis .\nwe were in compliance with all loan agreements at december 31 , 2010 , and all prior years presented , and have met all debt payment obligations .\nthe u.s .\nnote agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness .\nadditional details about our debt and receivables sales agreements are available in notes 12 and 6 , respectively , accompanying the consolidated financial statements within item 8 of this report. .\n\nQuestion: what was the percentage change in per diluted share earnings as adjusted from 2008 to 2009?",
        "solution": "13%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2010/page_50.pdf\n\nID: ADI/2010/page_50.pdf-1\n\nPrevious Text:\nthe following table illustrates the effect that a 10% ( 10 % ) unfavorable or favorable movement in foreign currency exchange rates , relative to the u.s .\ndollar , would have on the fair value of our forward exchange contracts as of october 30 , 2010 and october 31 , 2009: .\n\nTable Data:\n[['', 'october 30 2010', 'october 31 2009'], ['fair value of forward exchange contracts asset', '$ 7256', '$ 8367'], ['fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset', '$ 22062', '$ 20132'], ['fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability', '$ -7396 ( 7396 )', '$ -6781 ( 6781 )']]\n\nFollowing Text:\nfair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 22062 $ 20132 fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ ( 7396 ) $ ( 6781 ) the calculation assumes that each exchange rate would change in the same direction relative to the u.s .\ndollar .\nin addition to the direct effects of changes in exchange rates , such changes typically affect the volume of sales or the foreign currency sales price as competitors 2019 products become more or less attractive .\nour sensitivity analysis of the effects of changes in foreign currency exchange rates does not factor in a potential change in sales levels or local currency selling prices. .\n\nQuestion: what is the growth rate in the fair value of forward exchange contracts asset from 2009 to 2010?",
        "solution": "-13.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2013/page_154.pdf\n\nID: PNC/2013/page_154.pdf-1\n\nPrevious Text:\nis used to monitor the risk in the loan classes .\nloans with higher fico scores and lower ltvs tend to have a lower level of risk .\nconversely , loans with lower fico scores , higher ltvs , and in certain geographic locations tend to have a higher level of risk .\nin the first quarter of 2013 , we refined our process for the home equity and residential real estate asset quality indicators shown in the following tables .\nthese refinements include , but are not limited to , improvements in the process for determining lien position and ltv in both table 67 and table 68 .\nadditionally , as of the first quarter of 2013 , we are now presenting table 67 at recorded investment as opposed to our prior presentation of outstanding balance .\ntable 68 continues to be presented at outstanding balance .\nboth the 2013 and 2012 period end balance disclosures are presented in the below tables using this refined process .\nconsumer purchased impaired loan class estimates of the expected cash flows primarily determine the credit impacts of consumer purchased impaired loans .\nconsumer cash flow estimates are influenced by a number of credit related items , which include , but are not limited to : estimated real estate values , payment patterns , updated fico scores , the current economic environment , updated ltv ratios and the date of origination .\nthese key factors are monitored to help ensure that concentrations of risk are mitigated and cash flows are maximized .\nsee note 6 purchased loans for additional information .\ntable 66 : home equity and residential real estate balances in millions december 31 december 31 home equity and residential real estate loans 2013 excluding purchased impaired loans ( a ) $ 44376 $ 42725 home equity and residential real estate loans 2013 purchased impaired loans ( b ) 5548 6638 government insured or guaranteed residential real estate mortgages ( a ) 1704 2279 purchase accounting adjustments 2013 purchased impaired loans ( 116 ) ( 482 ) total home equity and residential real estate loans ( a ) $ 51512 $ 51160 ( a ) represents recorded investment .\n( b ) represents outstanding balance .\n136 the pnc financial services group , inc .\n2013 form 10-k .\n\nTable Data:\n[['in millions', 'december 31 2013', 'december 31 2012'], ['home equity and residential real estate loans 2013 excluding purchased impaired loans ( a )', '$ 44376', '$ 42725'], ['home equity and residential real estate loans 2013 purchased impaired loans ( b )', '5548', '6638'], ['government insured or guaranteed residential real estate mortgages ( a )', '1704', '2279'], ['purchase accounting adjustments 2013 purchased impaired loans', '-116 ( 116 )', '-482 ( 482 )'], ['total home equity and residential real estate loans ( a )', '$ 51512', '$ 51160']]\n\nFollowing Text:\nis used to monitor the risk in the loan classes .\nloans with higher fico scores and lower ltvs tend to have a lower level of risk .\nconversely , loans with lower fico scores , higher ltvs , and in certain geographic locations tend to have a higher level of risk .\nin the first quarter of 2013 , we refined our process for the home equity and residential real estate asset quality indicators shown in the following tables .\nthese refinements include , but are not limited to , improvements in the process for determining lien position and ltv in both table 67 and table 68 .\nadditionally , as of the first quarter of 2013 , we are now presenting table 67 at recorded investment as opposed to our prior presentation of outstanding balance .\ntable 68 continues to be presented at outstanding balance .\nboth the 2013 and 2012 period end balance disclosures are presented in the below tables using this refined process .\nconsumer purchased impaired loan class estimates of the expected cash flows primarily determine the credit impacts of consumer purchased impaired loans .\nconsumer cash flow estimates are influenced by a number of credit related items , which include , but are not limited to : estimated real estate values , payment patterns , updated fico scores , the current economic environment , updated ltv ratios and the date of origination .\nthese key factors are monitored to help ensure that concentrations of risk are mitigated and cash flows are maximized .\nsee note 6 purchased loans for additional information .\ntable 66 : home equity and residential real estate balances in millions december 31 december 31 home equity and residential real estate loans 2013 excluding purchased impaired loans ( a ) $ 44376 $ 42725 home equity and residential real estate loans 2013 purchased impaired loans ( b ) 5548 6638 government insured or guaranteed residential real estate mortgages ( a ) 1704 2279 purchase accounting adjustments 2013 purchased impaired loans ( 116 ) ( 482 ) total home equity and residential real estate loans ( a ) $ 51512 $ 51160 ( a ) represents recorded investment .\n( b ) represents outstanding balance .\n136 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: was december 31 2013 home equity and residential real estate loans 2013 excluding purchased impaired loans greater than purchased impaired loans?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2009/page_98.pdf\n\nID: ADBE/2009/page_98.pdf-1\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) note 8 .\nother assets other assets as of november 27 , 2009 and november 28 , 2008 consisted of the following ( in thousands ) : .\n\nTable Data:\n[['', '2009', '2008'], ['acquired rights to use technology', '$ 84313', '$ 90643'], ['investments', '63526', '76589'], ['security and other deposits', '11692', '16087'], ['prepaid royalties', '12059', '9026'], ['deferred compensation plan assets', '9045', '7560'], ['restricted cash', '4650', '7361'], ['prepaid land lease', '3209', '3185'], ['prepaid rent', '1377', '2658'], ['other', '1394', '3420'], ['other assets', '$ 191265', '$ 216529']]\n\nFollowing Text:\nacquired rights to use technology purchased during fiscal 2009 and fiscal 2008 was $ 6.0 million and $ 100.4 million , respectively .\nof the cost for fiscal 2008 , an estimated $ 56.4 million was related to future licensing rights and has been capitalized and is being amortized on a straight-line basis over the estimated useful lives up to fifteen years .\nof the remaining costs for fiscal 2008 , we estimated that $ 27.2 million was related to historical use of licensing rights which was expensed as cost of sales and the residual of $ 16.8 million for fiscal 2008 was expensed as general and administrative costs .\nin connection with these licensing arrangements , we have the ability to acquire additional rights to use technology in the future .\nsee note 17 for further information regarding our contractual commitments .\nin general , acquired rights to use technology are amortized over their estimated useful lives of 3 to 15 years .\nincluded in investments are our indirect investments through our limited partnership interest in adobe ventures of approximately $ 37.1 million and $ 39.0 million as of november 27 , 2009 and november 28 , 2008 , respectively , which is consolidated in accordance with the provisions for consolidating variable interest entities .\nthe partnership is controlled by granite ventures , an independent venture capital firm and sole general partner of adobe ventures .\nwe are the primary beneficiary of adobe ventures and bear virtually all of the risks and rewards related to our ownership .\nour investment in adobe ventures does not have a significant impact on our consolidated financial position , results of operations or cash flows .\nadobe ventures carries its investments in equity securities at estimated fair value and investment gains and losses are included in our consolidated statements of income .\nsubstantially all of the investments held by adobe ventures at november 27 , 2009 and november 28 , 2008 are not publicly traded and , therefore , there is no established market for these securities .\nin order to determine the fair value of these investments , we use the most recent round of financing involving new non-strategic investors or estimates of current market value made by granite ventures .\nit is our policy to evaluate the fair value of these investments held by adobe ventures , as well as our direct investments , on a regular basis .\nthis evaluation includes , but is not limited to , reviewing each company 2019s cash position , financing needs , earnings and revenue outlook , operational performance , management and ownership changes and competition .\nin the case of privately-held companies , this evaluation is based on information that we request from these companies .\nthis information is not subject to the same disclosure regulations as u.s .\npublicly traded companies and as such , the basis for these evaluations is subject to the timing and the accuracy of the data received from these companies .\nsee note 4 for further information regarding adobe ventures .\nalso included in investments are our direct investments in privately-held companies of approximately $ 26.4 million and $ 37.6 million as of november 27 , 2009 and november 28 , 2008 , respectively , which are accounted for based on the cost method .\nwe assess these investments for impairment in value as circumstances dictate .\nsee note 4 for further information regarding our cost method investments .\nwe entered into a purchase and sale agreement , effective may 12 , 2008 , for the acquisition of real property located in waltham , massachusetts .\nwe purchased the property upon completion of construction of an office building shell and core , parking structure , and site improvements .\nthe purchase price for the property was $ 44.7 million and closed on june 16 , 2009 .\nwe made an initial deposit of $ 7.0 million which was included in security and other deposits as of november 28 , 2008 and the remaining balance was paid at closing .\nthis deposit was held in escrow until closing and then applied to the purchase price. .\n\nQuestion: what is the growth rate in the other assets from 2008 to 2009?",
        "solution": "-11.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_435.pdf\n\nID: ETR/2011/page_435.pdf-4\n\nPrevious Text:\nthe target awards for the other named executive officers were set as follows : joseph f .\ndomino , ceo - entergy texas ( 50% ( 50 % ) ) ; hugh t .\nmcdonald , ceo - entergy arkansas ( 50% ( 50 % ) ) ; haley fisackerly , ceo - entergy mississippi ( 40% ( 40 % ) ) ; william m .\nmohl ( 60% ( 60 % ) ) , ceo - entergy gulf states and entergy louisiana ; charles l .\nrice , jr .\n( 40% ( 40 % ) ) , ceo - entergy new orleans and theodore h .\nbunting , jr .\n- principal accounting officer - the subsidiaries ( 60% ( 60 % ) ) .\nthe target awards for the named executive officers ( other than entergy named executive officers ) were set by their respective supervisors ( subject to ultimate approval of entergy 2019s chief executive officer ) who allocated a potential incentive pool established by the personnel committee among various of their direct and indirect reports .\nin setting the target awards , the supervisor took into account considerations similar to those used by the personnel committee in setting the target awards for entergy 2019s named executive officers .\ntarget awards are set based on an executive officer 2019s current position and executive management level within the entergy organization .\nexecutive management levels at entergy range from level 1 thorough level 4 .\nmr .\ndenault and mr .\ntaylor hold positions in level 2 whereas mr .\nbunting and mr .\nmohl hold positions in level 3 and mr .\ndomino , mr .\nfisackerly , mr .\nmcdonald and mr .\nrice hold positions in level 4 .\naccordingly , their respective incentive targets differ one from another based on the external market data developed by the committee 2019s independent compensation consultant and the other factors noted above .\nin december 2010 , the committee determined the executive incentive plan targets to be used for purposes of establishing annual bonuses for 2011 .\nthe committee 2019s determination of the target levels was made after full board review of management 2019s 2011 financial plan for entergy corporation , upon recommendation of the finance committee , and after the committee 2019s determination that the established targets aligned with entergy corporation 2019s anticipated 2011 financial performance as reflected in the financial plan .\nthe targets established to measure management performance against as reported results were: .\n\nTable Data:\n[['', 'minimum', 'target', 'maximum'], ['earnings per share ( $ )', '$ 6.10', '$ 6.60', '$ 7.10'], ['operating cash flow ( $ in billions )', '$ 2.97', '$ 3.35', '$ 3.70']]\n\nFollowing Text:\noperating cash flow ( $ in billions ) in january 2012 , after reviewing earnings per share and operating cash flow results against the performance objectives in the above table , the committee determined that entergy corporation had exceeded as reported earnings per share target of $ 6.60 by $ 0.95 in 2011 while falling short of the operating cash flow goal of $ 3.35 billion by $ 221 million in 2011 .\nin accordance with the terms of the annual incentive plan , in january 2012 , the personnel committee certified the 2012 entergy achievement multiplier at 128% ( 128 % ) of target .\nunder the terms of the management effectiveness program , the entergy achievement multiplier is automatically increased by 25 percent for the members of the office of the chief executive if the pre- established underlying performance goals established by the personnel committee are satisfied at the end of the performance period , subject to the personnel committee's discretion to adjust the automatic multiplier downward or eliminate it altogether .\nin accordance with section 162 ( m ) of the internal revenue code , the multiplier which entergy refers to as the management effectiveness factor is intended to provide the committee a mechanism to take into consideration specific achievement factors relating to the overall performance of entergy corporation .\nin january 2012 , the committee eliminated the management effectiveness factor with respect to the 2011 incentive awards , reflecting the personnel committee's determination that the entergy achievement multiplier , in and of itself without the management effectiveness factor , was consistent with the performance levels achieved by management .\nthe annual incentive awards for the named executive officers ( other than mr .\nleonard , mr .\ndenault and mr .\ntaylor ) are awarded from an incentive pool approved by the committee .\nfrom this pool , each named executive officer 2019s supervisor determines the annual incentive payment based on the entergy achievement multiplier .\nthe supervisor has the discretion to increase or decrease the multiple used to determine an incentive award based on individual and business unit performance .\nthe incentive awards are subject to the ultimate approval of entergy 2019s chief executive officer. .\n\nQuestion: what is actual earnings per share reported for 2011?",
        "solution": "7.55"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2014/page_203.pdf\n\nID: PNC/2014/page_203.pdf-4\n\nPrevious Text:\nto determine stock-based compensation expense , the grant date fair value is applied to the options granted with a reduction for estimated forfeitures .\nwe recognize compensation expense for stock options on a straight-line basis over the specified vesting period .\nat december 31 , 2013 and 2012 , options for 10204000 and 12759000 shares of common stock were exercisable at a weighted-average price of $ 89.46 and $ 90.86 , respectively .\nthe total intrinsic value of options exercised during 2014 , 2013 and 2012 was $ 90 million , $ 86 million and $ 37 million , respectively .\ncash received from option exercises under all incentive plans for 2014 , 2013 and 2012 was approximately $ 215 million , $ 208 million and $ 118 million , respectively .\nthe tax benefit realized from option exercises under all incentive plans for 2014 , 2013 and 2012 was approximately $ 33 million , $ 31 million and $ 14 million , respectively .\nshares of common stock available during the next year for the granting of options and other awards under the incentive plans were 17997353 at december 31 , 2014 .\ntotal shares of pnc common stock authorized for future issuance under equity compensation plans totaled 19017057 shares at december 31 , 2014 , which includes shares available for issuance under the incentive plans and the employee stock purchase plan ( espp ) as described below .\nduring 2014 , we issued approximately 2.4 million shares from treasury stock in connection with stock option exercise activity .\nas with past exercise activity , we currently intend to utilize primarily treasury stock for any future stock option exercises .\nawards granted to non-employee directors in 2014 , 2013 and 2012 include 21490 , 27076 and 25620 deferred stock units , respectively , awarded under the outside directors deferred stock unit plan .\na deferred stock unit is a phantom share of our common stock , which is accounted for as a liability until such awards are paid to the participants in cash .\nas there are no vesting or service requirements on these awards , total compensation expense is recognized in full for these awards on the date of grant .\nincentive/performance unit share awards and restricted stock/share unit awards the fair value of nonvested incentive/performance unit share awards and restricted stock/share unit awards is initially determined based on prices not less than the market value of our common stock on the date of grant .\nthe value of certain incentive/performance unit share awards is subsequently remeasured based on the achievement of one or more financial and other performance goals .\nthe personnel and compensation committee ( 201cp&cc 201d ) of the board of directors approves the final award payout with respect to certain incentive/performance unit share awards .\nthese awards have either a three-year or a four-year performance period and are payable in either stock or a combination of stock and cash .\nrestricted stock/share unit awards have various vesting periods generally ranging from 3 years to 5 years .\nbeginning in 2013 , we incorporated several enhanced risk- related performance changes to certain long-term incentive compensation programs .\nin addition to achieving certain financial performance metrics on both an absolute basis and relative to our peers , final payout amounts will be subject to reduction if pnc fails to meet certain risk-related performance metrics as specified in the award agreements .\nhowever , the p&cc has the discretion to waive any or all of this reduction under certain circumstances .\nthe weighted-average grant date fair value of incentive/ performance unit share awards and restricted stock/unit awards granted in 2014 , 2013 and 2012 was $ 80.79 , $ 64.77 and $ 60.68 per share , respectively .\nthe total fair value of incentive/performance unit share and restricted stock/unit awards vested during 2014 , 2013 and 2012 was approximately $ 119 million , $ 63 million and $ 55 million , respectively .\nwe recognize compensation expense for such awards ratably over the corresponding vesting and/or performance periods for each type of program .\ntable 121 : nonvested incentive/performance unit share awards and restricted stock/share unit awards 2013 rollforward shares in thousands nonvested incentive/ performance unit shares weighted- average grant date fair value nonvested restricted stock/ weighted- average grant date fair value .\n\nTable Data:\n[['shares in thousands december 31 2013', 'nonvested incentive/ performance unit shares 1647', 'weighted-averagegrant datefair value $ 63.49', 'nonvested restricted stock/ share units 3483', 'weighted-averagegrant datefair value $ 62.70'], ['granted', '723', '79.90', '1276', '81.29'], ['vested/released', '-513 ( 513 )', '63.64', '-962 ( 962 )', '62.32'], ['forfeited', '-20 ( 20 )', '69.18', '-145 ( 145 )', '69.44'], ['december 31 2014', '1837', '$ 69.84', '3652', '$ 69.03']]\n\nFollowing Text:\nthe pnc financial services group , inc .\n2013 form 10-k 185 .\n\nQuestion: in thousands , how much more value was there for nonvested incentive shares on dec 31 , 2014 than dec 31 , 2013?",
        "solution": "23728.05"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2006/page_62.pdf\n\nID: UNP/2006/page_62.pdf-3\n\nPrevious Text:\ndepending upon our senior unsecured debt ratings .\nthe facilities require the maintenance of a minimum net worth and a debt to net worth coverage ratio .\nat december 31 , 2006 , we were in compliance with these covenants .\nthe facilities do not include any other financial restrictions , credit rating triggers ( other than rating-dependent pricing ) , or any other provision that could require the posting of collateral .\nin addition to our revolving credit facilities , we had $ 150 million in uncommitted lines of credit available , including $ 75 million that expires in march 2007 and $ 75 million expiring in may 2007 .\nneither of these lines of credit were used as of december 31 , 2006 .\nwe must have equivalent credit available under our five-year facilities to draw on these $ 75 million lines .\ndividend restrictions 2013 we are subject to certain restrictions related to the payment of cash dividends to our shareholders due to minimum net worth requirements under the credit facilities referred to above .\nthe amount of retained earnings available for dividends was $ 7.8 billion and $ 6.2 billion at december 31 , 2006 and 2005 , respectively .\nwe do not expect that these restrictions will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity .\nwe declared dividends of $ 323 million in 2006 and $ 316 million in 2005 .\nshelf registration statement 2013 under a current shelf registration statement , we may issue any combination of debt securities , preferred stock , common stock , or warrants for debt securities or preferred stock in one or more offerings .\nat december 31 , 2006 , we had $ 500 million remaining for issuance under the current shelf registration statement .\nwe have no immediate plans to issue any securities ; however , we routinely consider and evaluate opportunities to replace existing debt or access capital through issuances of debt securities under this shelf registration , and , therefore , we may issue debt securities at any time .\n6 .\nleases we lease certain locomotives , freight cars , and other property .\nfuture 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 , 2006 were as follows : millions of dollars operating leases capital leases .\n\nTable Data:\n[['millions of dollars', 'operatingleases', 'capital leases'], ['2007', '$ 624', '$ 180'], ['2008', '546', '173'], ['2009', '498', '168'], ['2010', '456', '148'], ['2011', '419', '157'], ['later years', '2914', '1090'], ['total minimum lease payments', '$ 5457', '$ 1916'], ['amount representing interest', 'n/a', '-680 ( 680 )'], ['present value of minimum lease payments', 'n/a', '$ 1236']]\n\nFollowing Text:\nrent expense for operating leases with terms exceeding one month was $ 798 million in 2006 , $ 728 million in 2005 , and $ 651 million in 2004 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant. .\n\nQuestion: what percentage of total minimum lease payments are capital leases as of december 31 , 2006?",
        "solution": "26%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2012/page_39.pdf\n\nID: UNP/2012/page_39.pdf-4\n\nPrevious Text:\ncredit rating fall below investment grade , the value of the outstanding undivided interest held by investors would be reduced , and , in certain cases , the investors would have the right to discontinue the facility .\nthe railroad collected approximately $ 20.1 billion and $ 18.8 billion of receivables during the years ended december 31 , 2012 and 2011 , respectively .\nupri used certain of these proceeds to purchase new receivables under the facility .\nthe costs of the receivables securitization facility include interest , which will vary based on prevailing commercial paper rates , program fees paid to banks , commercial paper issuing costs , and fees for unused commitment availability .\nthe costs of the receivables securitization facility are included in interest expense and were $ 3 million , $ 4 million and $ 6 million for 2012 , 2011 and 2010 , respectively .\nthe investors have no recourse to the railroad 2019s other assets , except for customary warranty and indemnity claims .\ncreditors of the railroad do not have recourse to the assets of upri .\nin july 2012 , the receivables securitization facility was renewed for an additional 364-day period at comparable terms and conditions .\nsubsequent event 2013 on january 2 , 2013 , we transferred an additional $ 300 million in undivided interest to investors under the receivables securitization facility , increasing the value of the outstanding undivided interest held by investors from $ 100 million to $ 400 million .\ncontractual obligations and commercial commitments as described in the notes to the consolidated financial statements and as referenced in the tables below , we have contractual obligations and commercial commitments that may affect our financial condition .\nbased on our assessment of the underlying provisions and circumstances of our contractual obligations and commercial commitments , including material sources of off-balance sheet and structured finance arrangements , other than the risks that we and other similarly situated companies face with respect to the condition of the capital markets ( as described in item 1a of part ii of this report ) , there is no known trend , demand , commitment , event , or uncertainty that is reasonably likely to occur that would have a material adverse effect on our consolidated results of operations , financial condition , or liquidity .\nin addition , our commercial obligations , financings , and commitments are customary transactions that are similar to those of other comparable corporations , particularly within the transportation industry .\nthe following tables identify material obligations and commitments as of december 31 , 2012 : payments due by december 31 , contractual obligations after millions total 2013 2014 2015 2016 2017 2017 other .\n\nTable Data:\n[['contractual obligationsmillions', 'total', 'payments due by december 31 2013', 'payments due by december 31 2014', 'payments due by december 31 2015', 'payments due by december 31 2016', 'payments due by december 31 2017', 'payments due by december 31 after2017', 'payments due by december 31 other'], ['debt [a]', '$ 12637', '$ 507', '$ 904', '$ 632', '$ 769', '$ 900', '$ 8925', '$ -'], ['operating leases [b]', '4241', '525', '466', '410', '375', '339', '2126', '-'], ['capital lease obligations [c]', '2441', '282', '265', '253', '232', '243', '1166', '-'], ['purchase obligations [d]', '5877', '3004', '1238', '372', '334', '213', '684', '32'], ['other post retirement benefits [e]', '452', '43', '44', '45', '45', '46', '229', '-'], ['income tax contingencies [f]', '115', '-', '-', '-', '-', '-', '-', '115'], ['total contractualobligations', '$ 25763', '$ 4361', '$ 2917', '$ 1712', '$ 1755', '$ 1741', '$ 13130', '$ 147']]\n\nFollowing Text:\n[a] excludes capital lease obligations of $ 1848 million and unamortized discount of $ ( 365 ) million .\nincludes an interest component of $ 5123 million .\n[b] includes leases for locomotives , freight cars , other equipment , and real estate .\n[c] represents total obligations , including interest component of $ 593 million .\n[d] purchase obligations include locomotive maintenance contracts ; purchase commitments for fuel purchases , locomotives , ties , ballast , and rail ; and agreements to purchase other goods and services .\nfor amounts where we cannot reasonably estimate the year of settlement , they are reflected in the other column .\n[e] includes estimated other post retirement , medical , and life insurance payments , payments made under the unfunded pension plan for the next ten years .\n[f] future cash flows for income tax contingencies reflect the recorded liabilities and assets for unrecognized tax benefits , including interest and penalties , as of december 31 , 2012 .\nfor amounts where the year of settlement is uncertain , they are reflected in the other column. .\n\nQuestion: what percentage of total material obligations and commitments as of december 31 , 2012 are operating leases?",
        "solution": "16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2015/page_79.pdf\n\nID: IPG/2015/page_79.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) assumptions can materially affect the estimate of fair value , and our results of operations could be materially impacted .\nthere were no stock options granted during the years ended december 31 , 2015 and 2014 .\nthe weighted-average grant-date fair value per option during the year ended december 31 , 2013 was $ 4.14 .\nthe fair value of each option grant has been estimated with the following weighted-average assumptions. .\n\nTable Data:\n[['', 'year ended december 31 2013'], ['expected volatility1', '40.2% ( 40.2 % )'], ['expected term ( years ) 2', '6.9'], ['risk-free interest rate3', '1.3% ( 1.3 % )'], ['expected dividend yield4', '2.4% ( 2.4 % )']]\n\nFollowing Text:\nexpected volatility 1 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n40.2% ( 40.2 % ) expected term ( years ) 2 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n6.9 risk-free interest rate 3 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1.3% ( 1.3 % ) expected dividend yield 4 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2.4% ( 2.4 % ) 1 the expected volatility used to estimate the fair value of stock options awarded is based on a blend of : ( i ) historical volatility of our common stock for periods equal to the expected term of our stock options and ( ii ) implied volatility of tradable forward put and call options to purchase and sell shares of our common stock .\n2 the estimate of our expected term is based on the average of : ( i ) an assumption that all outstanding options are exercised upon achieving their full vesting date and ( ii ) an assumption that all outstanding options will be exercised at the midpoint between the current date ( i.e. , the date awards have ratably vested through ) and their full contractual term .\nin determining the estimate , we considered several factors , including the historical option exercise behavior of our employees and the terms and vesting periods of the options .\n3 the risk-free interest rate is determined using the implied yield currently available for zero-coupon u.s .\ngovernment issuers with a remaining term equal to the expected term of the options .\n4 the expected dividend yield was calculated based on an annualized dividend of $ 0.30 per share in 2013 .\nstock-based compensation we grant other stock-based compensation awards such as stock-settled awards , cash-settled awards and performance- based awards ( settled in cash or shares ) to certain key employees .\nthe number of shares or units received by an employee for performance-based awards depends on company performance against specific performance targets and could range from 0% ( 0 % ) to 300% ( 300 % ) of the target amount of shares originally granted .\nincentive awards are subject to certain restrictions and vesting requirements as determined by the compensation committee .\nthe fair value of the shares on the grant date is amortized over the vesting period , which is generally three years .\nupon completion of the vesting period for cash-settled awards , the grantee is entitled to receive a payment in cash based on the fair market value of the corresponding number of shares of common stock .\nno monetary consideration is paid by a recipient for any incentive award .\nthe fair value of cash-settled awards is adjusted each quarter based on our share price .\nthe holders of stock-settled awards have absolute ownership interest in the underlying shares of common stock prior to vesting , which includes the right to vote and receive dividends .\ndividends declared on common stock are accrued during the vesting period and paid when the award vests .\nthe holders of cash-settled and performance-based awards have no ownership interest in the underlying shares of common stock until the awards vest and the shares of common stock are issued. .\n\nQuestion: what is the stock price based on the dividend yield at the time that dividends were declared?",
        "solution": "12.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2017/page_88.pdf\n\nID: HII/2017/page_88.pdf-2\n\nPrevious Text:\ncash and cash equivalents - the carrying amounts of cash and cash equivalents approximate fair value due to the short-term nature of these assets , which have original maturity dates of 90 days or less .\nconcentration risk - the company 2019s assets that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents .\nthe company places its cash and cash equivalents with reputable financial institutions and limits the amount of credit exposure with any one of them .\nthe company regularly evaluates the creditworthiness of these financial institutions and minimizes this credit risk by entering into transactions with high- quality counterparties , limiting the exposure to each counterparty , and monitoring the financial condition of its counterparties .\nin connection with its u.s .\ngovernment contracts , the company is required to procure certain raw materials , components , and parts from supply sources approved by the u.s .\ngovernment .\nonly one supplier may exist for certain components and parts required to manufacture the company's products .\naccounts receivable - accounts receivable include amounts billed and currently due from customers , amounts currently due but unbilled , certain estimated contract change amounts , claims or requests for equitable adjustment in negotiation that are probable of recovery , and amounts retained by the customer pending contract completion .\ninventoried costs - inventoried costs primarily relate to production costs of contracts in process and company owned raw materials , which are stated at the lower of cost or net realizable value , generally using the average cost method .\nunder the company's u.s .\ngovernment contracts , the customer asserts title to , or a security interest in , inventories related to such contracts as a result of contract advances , performance-based payments , and progress payments .\nin accordance with industry practice , inventoried costs are classified as a current asset and include amounts related to contracts having production cycles longer than one year .\ninventoried costs also include work in process under contracts that recognize revenues using labor dollars as the basis of the percentage-of-completion calculation .\nthese costs represent accumulated contract costs less cost of sales as calculated using the percentage-of-completion method , not in excess of recoverable value .\nadvance payments and billings in excess of revenues - payments received in excess of inventoried costs and revenues are recorded as advance payment liabilities .\nproperty , plant , and equipment - depreciable properties owned by the company are recorded at cost and depreciated over the estimated useful lives of individual assets .\nmajor improvements are capitalized while expenditures for maintenance , repairs , and minor improvements are expensed .\ncosts incurred for computer software developed or obtained for internal use are capitalized and amortized over the expected useful life of the software , not to exceed nine years .\nleasehold improvements are amortized over the shorter of their useful lives or the term of the lease .\nthe remaining assets are depreciated using the straight-line method , with the following lives: .\n\nTable Data:\n[['land improvements', 'years 2', 'years -', 'years 40'], ['buildings and improvements', '2', '-', '60'], ['capitalized software costs', '2', '-', '9'], ['machinery and other equipment', '2', '-', '45']]\n\nFollowing Text:\nthe company evaluates the recoverability of its property , plant , and equipment when there are changes in economic circumstances or business objectives that indicate the carrying value may not be recoverable .\nthe company's evaluations include estimated future cash flows , profitability , and other factors affecting fair value .\nas these assumptions and estimates may change over time , it may or may not be necessary to record impairment charges .\nleases - the company uses its incremental borrowing rate in the assessment of lease classification as capital or operating and defines the initial lease term to include renewal options determined to be reasonably assured .\nthe company conducts operations primarily under operating leases. .\n\nQuestion: what is the minimum yearly depreciation rate for capitalized software costs?",
        "solution": "11.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EMN/2016/page_104.pdf\n\nID: EMN/2016/page_104.pdf-1\n\nPrevious Text:\nnotes to the audited consolidated financial statements director stock compensation subplan eastman's 2016 director stock compensation subplan ( \"directors' subplan\" ) , a component of the 2012 omnibus plan , remains in effect until terminated by the board of directors or the earlier termination of thf e 2012 omnibus plan .\nthe directors' subplan provides for structured awards of restricted shares to non-employee members of the board of directors .\nrestricted shares awarded under the directors' subplan are subject to the same terms and conditions of the 2012 omnibus plan .\nthe directors' subplan does not constitute a separate source of shares for grant of equity awards and all shares awarded are part of the 10 million shares authorized under the 2012 omnibus plan .\nshares of restricted stock are granted on the first day of a non-f employee director's initial term of service and shares of restricted stock are granted each year to each non-employee director on the date of the annual meeting of stockholders .\ngeneral the company is authorized by the board of directors under the 2012 omnibus plan tof provide awards to employees and non- employee members of the board of directors .\nit has been the company's practice to issue new shares rather than treasury shares for equity awards that require settlement by the issuance of common stock and to withhold or accept back shares awarded to cover the related income tax obligations of employee participants .\nshares of unrestricted common stock owned by non-d employee directors are not eligible to be withheld or acquired to satisfy the withholding obligation related to their income taxes .\naa shares of unrestricted common stock owned by specified senior management level employees are accepted by the company to pay the exercise price of stock options in accordance with the terms and conditions of their awards .\nfor 2016 , 2015 , and 2014 , total share-based compensation expense ( before tax ) of approximately $ 36 million , $ 36 million , and $ 28 million , respectively , was recognized in selling , general and administrative exd pense in the consolidated statements of earnings , comprehensive income and retained earnings for all share-based awards of which approximately $ 7 million , $ 7 million , and $ 4 million , respectively , related to stock options .\nthe compensation expense is recognized over the substantive vesting period , which may be a shorter time period than the stated vesting period for qualifying termination eligible employees as defined in the forms of award notice .\nfor 2016 , 2015 , and 2014 , approximately $ 2 million , $ 2 million , and $ 1 million , respectively , of stock option compensation expense was recognized due to qualifying termination eligibility preceding the requisite vesting period .\nstock option awards options have been granted on an annual basis to non-employee directors under the directors' subplan and predecessor plans and by the compensation and management development committee of the board of directors under the 2012 omnibus plan and predecessor plans to employees .\noption awards have an exercise price equal to the closing price of the company's stock on the date of grant .\nthe term of options is 10 years with vesting periods thf at vary up to three years .\nvesting usually occurs ratably over the vesting period or at the end of the vesting period .\nthe company utilizes the black scholes merton option valuation model which relies on certain assumptions to estimate an option's fair value .\nthe weighted average assumptions used in the determination of fair value for stock options awarded in 2016 , 2015 , and 2014 are provided in the table below: .\n\nTable Data:\n[['assumptions', '2016', '2015', '2014'], ['expected volatility rate', '23.71% ( 23.71 % )', '24.11% ( 24.11 % )', '25.82% ( 25.82 % )'], ['expected dividend yield', '2.31% ( 2.31 % )', '1.75% ( 1.75 % )', '1.70% ( 1.70 % )'], ['average risk-free interest rate', '1.23% ( 1.23 % )', '1.45% ( 1.45 % )', '1.44% ( 1.44 % )'], ['expected term years', '5.0', '4.8', '4.7']]\n\nFollowing Text:\n.\n\nQuestion: what is the percent change in total share-based compensation expense between 2014 and 2015?",
        "solution": "28.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2013/page_34.pdf\n\nID: UPS/2013/page_34.pdf-1\n\nPrevious Text:\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , 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 .\nthe 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 .\nthe 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 , 2008 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .\n\nTable Data:\n[['', '12/31/2008', '12/31/2009', '12/31/2010', '12/31/2011', '12/31/2012', '12/31/2013'], ['united parcel service inc .', '$ 100.00', '$ 107.75', '$ 140.39', '$ 145.84', '$ 151.44', '$ 221.91'], ['standard & poor 2019s 500 index', '$ 100.00', '$ 126.45', '$ 145.49', '$ 148.55', '$ 172.30', '$ 228.09'], ['dow jones transportation average', '$ 100.00', '$ 118.59', '$ 150.30', '$ 150.31', '$ 161.56', '$ 228.42']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage total cumulative return on investment for united parcel service inc . for the five years ended 12/31/2013?",
        "solution": "121.91"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2006/page_128.pdf\n\nID: MRO/2006/page_128.pdf-1\n\nPrevious Text:\nsupplementary information on oil and gas producing activities ( unaudited ) c o n t i n u e d summary of changes in standardized measure of discounted future net cash flows relating to proved oil and gas reserves ( in millions ) 2006 2005 2004 sales and transfers of oil and gas produced , net of production , transportation and administrative costs $ ( 5312 ) $ ( 3754 ) $ ( 2689 ) net changes in prices and production , transportation and administrative costs related to future production ( 1342 ) 6648 771 .\n\nTable Data:\n[['( in millions )', '2006', '2005', '2004'], ['sales and transfers of oil and gas produced net of production transportation and administrative costs', '$ -5312 ( 5312 )', '$ -3754 ( 3754 )', '$ -2689 ( 2689 )'], ['net changes in prices and production transportation and administrative costs related to future production', '-1342 ( 1342 )', '6648', '771'], ['extensions discoveries and improved recovery less related costs', '1290', '700', '1349'], ['development costs incurred during the period', '1251', '1030', '609'], ['changes in estimated future development costs', '-527 ( 527 )', '-552 ( 552 )', '-628 ( 628 )'], ['revisions of previous quantity estimates', '1319', '820', '948'], ['net changes in purchases and sales of minerals in place', '30', '4557', '33'], ['accretion of discount', '1882', '1124', '757'], ['net change in income taxes', '-660 ( 660 )', '-6694 ( 6694 )', '-627 ( 627 )'], ['timing and other', '-14 ( 14 )', '307', '97'], ['net change for the year', '-2083 ( 2083 )', '4186', '620'], ['beginning of year', '10601', '6415', '5795'], ['end of year', '$ 8518', '$ 10601', '$ 6415'], ['net change for the year from discontinued operations', '$ -216 ( 216 )', '$ 162', '$ -152 ( 152 )']]\n\nFollowing Text:\n.\n\nQuestion: what was the average upward revisions of cash flow of previous quantity estimates during the three year period , in millions?",
        "solution": "1029"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2010/page_24.pdf\n\nID: LMT/2010/page_24.pdf-2\n\nPrevious Text:\nthe following is a summary of our floor space by business segment at december 31 , 2010 : ( square feet in millions ) owned leased government- owned total .\n\nTable Data:\n[['( square feet in millions )', 'owned', 'leased', 'government-owned', 'total'], ['aeronautics', '5.2', '3.7', '15.2', '24.1'], ['electronic systems', '10.3', '11.5', '7.1', '28.9'], ['information systems & global solutions', '2.6', '7.9', '2014', '10.5'], ['space systems', '8.6', '1.6', '.9', '11.1'], ['corporate activities', '2.9', '.8', '2014', '3.7'], ['total', '29.6', '25.5', '23.2', '78.3']]\n\nFollowing Text:\nsome of our owned properties , primarily classified under corporate activities , are leased to third parties .\nin the area of manufacturing , most of the operations are of a job-order nature , rather than an assembly line process , and productive equipment has multiple uses for multiple products .\nmanagement believes that all of our major physical facilities are in good condition and are adequate for their intended use .\nitem 3 .\nlegal proceedings we are a party to or have property subject to litigation and other proceedings , including matters arising under provisions relating to the protection of the environment .\nwe believe the probability is remote that the outcome of these matters will have a material adverse effect on the corporation as a whole , notwithstanding that the unfavorable resolution of any matter may have a material effect on our net earnings in any particular quarter .\nwe cannot predict the outcome of legal proceedings with certainty .\nthese matters include the proceedings summarized in note 14 2013 legal proceedings , commitments , and contingencies beginning on page 78 of this form 10-k .\nfrom time-to-time , agencies of the u.s .\ngovernment investigate whether our operations are being conducted in accordance with applicable regulatory requirements .\nu.s .\ngovernment investigations of us , whether relating to government contracts or conducted for other reasons , could result in administrative , civil , or criminal liabilities , including repayments , fines , or penalties being imposed upon us , or could lead to suspension or debarment from future u.s .\ngovernment contracting .\nu.s .\ngovernment investigations often take years to complete and many result in no adverse action against us .\nwe are subject to federal and state requirements for protection of the environment , including those for discharge of hazardous materials and remediation of contaminated sites .\nas a result , we are a party to or have our property subject to various lawsuits or proceedings involving environmental protection matters .\ndue in part to their complexity and pervasiveness , such requirements have resulted in us being involved with related legal proceedings , claims , and remediation obligations .\nthe extent of our financial exposure cannot in all cases be reasonably estimated at this time .\nfor information regarding these matters , including current estimates of the amounts that we believe are required for remediation or clean-up to the extent estimable , see 201ccritical accounting policies 2013 environmental matters 201d in management 2019s discussion and analysis of financial condition and results of operations beginning on page 45 , and note 14 2013 legal proceedings , commitments , and contingencies beginning on page 78 of this form 10-k .\nitem 4 .\n( removed and reserved ) item 4 ( a ) .\nexecutive officers of the registrant our executive officers are listed below , as well as information concerning their age at december 31 , 2010 , positions and offices held with the corporation , and principal occupation and business experience over the past five years .\nthere were no family relationships among any of our executive officers and directors .\nall officers serve at the pleasure of the board of directors .\nlinda r .\ngooden ( 57 ) , executive vice president 2013 information systems & global solutions ms .\ngooden has served as executive vice president 2013 information systems & global solutions since january 2007 .\nshe previously served as deputy executive vice president 2013 information & technology services from october 2006 to december 2006 , and president , lockheed martin information technology from september 1997 to december 2006 .\nchristopher j .\ngregoire ( 42 ) , vice president and controller ( chief accounting officer ) mr .\ngregoire has served as vice president and controller ( chief accounting officer ) since march 2010 .\nhe previously was employed by sprint nextel corporation from august 2006 to may 2009 , most recently as principal accounting officer and assistant controller , and was a partner at deloitte & touche llp from september 2003 to july 2006. .\n\nQuestion: what percentage of total floor space by business segment at december 31 , 2010 is leased?",
        "solution": "33%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2007/page_68.pdf\n\nID: MSI/2007/page_68.pdf-4\n\nPrevious Text:\nunit shipments increased 49% ( 49 % ) to 217.4 million units in 2006 , compared to 146.0 million units in 2005 .\nthe overall increase was driven by increased unit shipments of products for gsm , cdma and 3g technologies , partially offset by decreased unit shipments of products for iden technology .\nfor the full year 2006 , unit shipments by the segment increased in all regions .\ndue to the segment 2019s increase in unit shipments outpacing overall growth in the worldwide handset market , which grew approximately 20% ( 20 % ) in 2006 , the segment believes that it expanded its global handset market share to an estimated 22% ( 22 % ) for the full year 2006 .\nin 2006 , asp decreased approximately 11% ( 11 % ) compared to 2005 .\nthe overall decrease in asp was driven primarily by changes in the geographic and product-tier mix of sales .\nby comparison , asp decreased approximately 10% ( 10 % ) in 2005 and increased approximately 15% ( 15 % ) in 2004 .\nasp is impacted by numerous factors , including product mix , market conditions and competitive product offerings , and asp trends often vary over time .\nin 2006 , the largest of the segment 2019s end customers ( including sales through distributors ) were china mobile , verizon , sprint nextel , cingular , and t-mobile .\nthese five largest customers accounted for approximately 39% ( 39 % ) of the segment 2019s net sales in 2006 .\nbesides selling directly to carriers and operators , the segment also sold products through a variety of third-party distributors and retailers , which accounted for approximately 38% ( 38 % ) of the segment 2019s net sales .\nthe largest of these distributors was brightstar corporation .\nalthough the u.s .\nmarket continued to be the segment 2019s largest individual market , many of our customers , and more than 65% ( 65 % ) of the segment 2019s 2006 net sales , were outside the u.s .\nthe largest of these international markets were china , brazil , the united kingdom and mexico .\nhome and networks mobility segment the home and networks mobility segment designs , manufactures , sells , installs and services : ( i ) digital video , internet protocol ( 201cip 201d ) video and broadcast network interactive set-tops ( 201cdigital entertainment devices 201d ) , end-to- end video delivery solutions , broadband access infrastructure systems , and associated data and voice customer premise equipment ( 201cbroadband gateways 201d ) to cable television and telecom service providers ( collectively , referred to as the 201chome business 201d ) , and ( ii ) wireless access systems ( 201cwireless networks 201d ) , including cellular infrastructure systems and wireless broadband systems , to wireless service providers .\nin 2007 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2006 and 26% ( 26 % ) in 2005 .\n( dollars in millions ) 2007 2006 2005 2007 20142006 2006 20142005 years ended december 31 percent change .\n\nTable Data:\n[['( dollars in millions )', 'years ended december 31 2007', 'years ended december 31 2006', 'years ended december 31 2005', 'years ended december 31 2007 20142006', '2006 20142005'], ['segment net sales', '$ 10014', '$ 9164', '$ 9037', '9% ( 9 % )', '1% ( 1 % )'], ['operating earnings', '709', '787', '1232', '( 10 ) % (  % )', '( 36 ) % (  % )']]\n\nFollowing Text:\nsegment results 20142007 compared to 2006 in 2007 , the segment 2019s net sales increased 9% ( 9 % ) to $ 10.0 billion , compared to $ 9.2 billion in 2006 .\nthe 9% ( 9 % ) increase in net sales reflects a 27% ( 27 % ) increase in net sales in the home business , partially offset by a 1% ( 1 % ) decrease in net sales of wireless networks .\nnet sales of digital entertainment devices increased approximately 43% ( 43 % ) , reflecting increased demand for digital set-tops , including hd/dvr set-tops and ip set-tops , partially offset by a decline in asp due to a product mix shift towards all-digital set-tops .\nunit shipments of digital entertainment devices increased 51% ( 51 % ) to 15.2 million units .\nnet sales of broadband gateways increased approximately 6% ( 6 % ) , primarily due to higher net sales of data modems , driven by net sales from the netopia business acquired in february 2007 .\nnet sales of wireless networks decreased 1% ( 1 % ) , primarily driven by lower net sales of iden and cdma infrastructure equipment , partially offset by higher net sales of gsm infrastructure equipment , despite competitive pricing pressure .\non a geographic basis , the 9% ( 9 % ) increase in net sales reflects higher net sales in all geographic regions .\nthe increase in net sales in north america was driven primarily by higher sales of digital entertainment devices , partially offset by lower net sales of iden and cdma infrastructure equipment .\nthe increase in net sales in asia was primarily due to higher net sales of gsm infrastructure equipment , partially offset by lower net sales of cdma infrastructure equipment .\nthe increase in net sales in emea was , primarily due to higher net sales of gsm infrastructure equipment , partially offset by lower demand for iden and cdma infrastructure equipment .\nnet sales in north america continue to comprise a significant portion of the segment 2019s business , accounting for 52% ( 52 % ) of the segment 2019s total net sales in 2007 , compared to 56% ( 56 % ) of the segment 2019s total net sales in 2006 .\n60 management 2019s discussion and analysis of financial condition and results of operations .\n\nQuestion: in 2007what was the company 2019s consolidated net sales in millions",
        "solution": "37088.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2018/page_68.pdf\n\nID: GS/2018/page_68.pdf-1\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries management 2019s discussion and analysis net revenues the table below presents net revenues by line item. .\n\nTable Data:\n[['$ in millions', 'year ended december 2018', 'year ended december 2017', 'year ended december 2016'], ['investment banking', '$ 7862', '$ 7371', '$ 6273'], ['investment management', '6514', '5803', '5407'], ['commissions and fees', '3199', '3051', '3208'], ['market making', '9451', '7660', '9933'], ['other principal transactions', '5823', '5913', '3382'], ['totalnon-interestrevenues', '32849', '29798', '28203'], ['interest income', '19679', '13113', '9691'], ['interest expense', '15912', '10181', '7104'], ['net interest income', '3767', '2932', '2587'], ['total net revenues', '$ 36616', '$ 32730', '$ 30790']]\n\nFollowing Text:\nin the table above : 2030 investment banking consists of revenues ( excluding net interest ) from financial advisory and underwriting assignments , as well as derivative transactions directly related to these assignments .\nthese activities are included in our investment banking segment .\n2030 investment management consists of revenues ( excluding net interest ) from providing investment management services to a diverse set of clients , as well as wealth advisory services and certain transaction services to high-net-worth individuals and families .\nthese activities are included in our investment management segment .\n2030 commissions and fees consists of revenues from executing and clearing client transactions on major stock , options and futures exchanges worldwide , as well as over-the-counter ( otc ) transactions .\nthese activities are included in our institutional client services and investment management segments .\n2030 market making consists of revenues ( excluding net interest ) from client execution activities related to making markets in interest rate products , credit products , mortgages , currencies , commodities and equity products .\nthese activities are included in our institutional client services segment .\n2030 other principal transactions consists of revenues ( excluding net interest ) from our investing activities and the origination of loans to provide financing to clients .\nin addition , other principal transactions includes revenues related to our consolidated investments .\nthese activities are included in our investing & lending segment .\nprovision for credit losses , previously reported in other principal transactions revenues , is now reported as a separate line item in the consolidated statements of earnings .\npreviously reported amounts have been conformed to the current presentation .\noperating environment .\nduring 2018 , our market- making activities reflected generally higher levels of volatility and improved client activity , compared with a low volatility environment in 2017 .\nin investment banking , industry-wide mergers and acquisitions volumes increased compared with 2017 , while industry-wide underwriting transactions decreased .\nour other principal transactions revenues benefited from company-specific events , including sales , and strong corporate performance , while investments in public equities reflected losses , as global equity prices generally decreased in 2018 , particularly towards the end of the year .\nin investment management , our assets under supervision increased reflecting net inflows in liquidity products , fixed income assets and equity assets , partially offset by depreciation in client assets , primarily in equity assets .\nif market-making or investment banking activity levels decline , or assets under supervision decline , or asset prices continue to decline , net revenues would likely be negatively impacted .\nsee 201csegment operating results 201d for further information about the operating environment and material trends and uncertainties that may impact our results of operations .\nduring 2017 , generally higher asset prices and tighter credit spreads were supportive of industry-wide underwriting activities , investment management performance and other principal transactions .\nhowever , low levels of volatility in equity , fixed income , currency and commodity markets continued to negatively affect our market-making activities .\n2018 versus 2017 net revenues in the consolidated statements of earnings were $ 36.62 billion for 2018 , 12% ( 12 % ) higher than 2017 , primarily due to significantly higher market making revenues and net interest income , as well as higher investment management revenues and investment banking revenues .\nnon-interest revenues .\ninvestment banking revenues in the consolidated statements of earnings were $ 7.86 billion for 2018 , 7% ( 7 % ) higher than 2017 .\nrevenues in financial advisory were higher , reflecting an increase in industry-wide completed mergers and acquisitions volumes .\nrevenues in underwriting were slightly higher , due to significantly higher revenues in equity underwriting , driven by initial public offerings , partially offset by lower revenues in debt underwriting , reflecting a decline in leveraged finance activity .\ninvestment management revenues in the consolidated statements of earnings were $ 6.51 billion for 2018 , 12% ( 12 % ) higher than 2017 , primarily due to significantly higher incentive fees , as a result of harvesting .\nmanagement and other fees were also higher , reflecting higher average assets under supervision and the impact of the recently adopted revenue recognition standard , partially offset by shifts in the mix of client assets and strategies .\nsee note 3 to the consolidated financial statements for further information about asu no .\n2014-09 , 201crevenue from contracts with customers ( topic 606 ) . 201d 52 goldman sachs 2018 form 10-k .\n\nQuestion: what is the growth rate in net revenues in 2018?",
        "solution": "11.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2013/page_27.pdf\n\nID: AAPL/2013/page_27.pdf-4\n\nPrevious Text:\ntable of contents company stock performance the following graph shows a five-year comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s .\ntechnology supersector index .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s .\ntechnology supersector index as of the market close on september 30 , 2008 .\ndata points on the graph are annual .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\nfiscal year ending september 30 .\ncopyright 2013 s&p , a division of the mcgraw-hill companies inc .\nall rights reserved .\ncopyright 2013 dow jones & co .\nall rights reserved .\n*$ 100 invested on 9/30/08 in stock or index , including reinvestment of dividends .\nseptember 30 , september 30 , september 30 , september 30 , september 30 , september 30 .\n\nTable Data:\n[['', 'september 30 2008', 'september 30 2009', 'september 30 2010', 'september 30 2011', 'september 30 2012', 'september 30 2013'], ['apple inc .', '$ 100', '$ 163', '$ 250', '$ 335', '$ 589', '$ 431'], ['s&p 500 index', '$ 100', '$ 93', '$ 103', '$ 104', '$ 135', '$ 161'], ['s&p computer hardware index', '$ 100', '$ 118', '$ 140', '$ 159', '$ 255', '$ 197'], ['dow jones us technology supersector index', '$ 100', '$ 111', '$ 124', '$ 128', '$ 166', '$ 175']]\n\nFollowing Text:\n.\n\nQuestion: what was the cumulative change in value for apple inc . between 2008 and 2013?",
        "solution": "331"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2010/page_219.pdf\n\nID: JPM/2010/page_219.pdf-2\n\nPrevious Text:\njpmorgan chase & co./2010 annual report 219 note 13 2013 securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions ( collectively , 201csecurities financing agree- ments 201d ) primarily to finance the firm 2019s inventory positions , ac- quire securities to cover short positions , accommodate customers 2019 financing needs , and settle other securities obligations .\nsecurities financing agreements are treated as collateralized financings on the firm 2019s consolidated balance sheets .\nresale and repurchase agreements are generally carried at the amounts at which the securities will be subsequently sold or repurchased , plus accrued interest .\nsecurities borrowed and securities loaned transactions are generally carried at the amount of cash collateral advanced or received .\nwhere appropriate under applicable ac- counting guidance , resale and repurchase agreements with the same counterparty are reported on a net basis .\nfees received or paid in connection with securities financing agreements are recorded in interest income or interest expense .\nthe firm has elected the fair value option for certain securities financing agreements .\nfor a further discussion of the fair value option , see note 4 on pages 187 2013189 of this annual report .\nthe securities financing agreements for which the fair value option has been elected are reported within securities purchased under resale agreements ; securities loaned or sold under repurchase agreements ; and securities borrowed on the consolidated bal- ance sheets .\ngenerally , for agreements carried at fair value , current-period interest accruals are recorded within interest income and interest expense , with changes in fair value reported in principal transactions revenue .\nhowever , for financial instru- ments containing embedded derivatives that would be separately accounted for in accordance with accounting guidance for hybrid instruments , all changes in fair value , including any interest elements , are reported in principal transactions revenue .\nthe following table details the firm 2019s securities financing agree- ments , all of which are accounted for as collateralized financings during the periods presented. .\n\nTable Data:\n[['december 31 ( in millions )', '2010', '2009'], ['securities purchased under resale agreements ( a )', '$ 222302', '$ 195328'], ['securities borrowed ( b )', '123587', '119630'], ['securities sold under repurchase agreements ( c )', '$ 262722', '$ 245692'], ['securities loaned', '10592', '7835']]\n\nFollowing Text:\n( a ) includes resale agreements of $ 20.3 billion and $ 20.5 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .\n( b ) includes securities borrowed of $ 14.0 billion and $ 7.0 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .\n( c ) includes repurchase agreements of $ 4.1 billion and $ 3.4 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .\nthe amounts reported in the table above have been reduced by $ 112.7 billion and $ 121.2 billion at december 31 , 2010 and 2009 , respectively , as a result of agreements in effect that meet the specified conditions for net presentation under applicable accounting guidance .\njpmorgan chase 2019s policy is to take possession , where possible , of securities purchased under resale agreements and of securi- ties borrowed .\nthe firm monitors the market value of the un- derlying securities that it has received from its counterparties and either requests additional collateral or returns a portion of the collateral when appropriate in light of the market value of the underlying securities .\nmargin levels are established initially based upon the counterparty and type of collateral and moni- tored on an ongoing basis to protect against declines in collat- eral value in the event of default .\njpmorgan chase typically enters into master netting agreements and other collateral arrangements with its resale agreement and securities bor- rowed counterparties , which provide for the right to liquidate the purchased or borrowed securities in the event of a customer default .\nas a result of the firm 2019s credit risk mitigation practices described above on resale and securities borrowed agreements , the firm did not hold any reserves for credit impairment on these agreements as of december 31 , 2010 and 2009 .\nfor a further discussion of assets pledged and collateral received in securities financing agreements see note 31 on pages 280 2013 281 of this annual report. .\n\nQuestion: in 2010 what was the ratio of the securities borrowed to the securities loaned",
        "solution": "11.67"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2003/page_101.pdf\n\nID: MRO/2003/page_101.pdf-2\n\nPrevious Text:\n2 .\nnew accounting standards effective january 1 , 2003 , marathon adopted statement of financial accounting standards no .\n143 201caccounting for asset retirement obligations 201d ( 201csfas no .\n143 201d ) .\nthis statement requires that the fair value of an asset retirement obligation be recognized in the period in which it is incurred if a reasonable estimate of fair value can be made .\nthe present value of the estimated asset retirement cost is capitalized as part of the carrying amount of the long-lived asset .\nprevious accounting standards used the units-of-production method to match estimated future retirement costs with the revenues generated from the producing assets .\nin contrast , sfas no .\n143 requires depreciation of the capitalized asset retirement cost and accretion of the asset retirement obligation over time .\nthe depreciation will generally be determined on a units-of-production basis over the life of the field , while the accretion to be recognized will escalate over the life of the producing assets , typically as production declines .\nfor marathon , asset retirement obligations primarily relate to the abandonment of oil and gas producing facilities .\nwhile assets such as refineries , crude oil and product pipelines , and marketing assets have retirement obligations covered by sfas no .\n143 , certain of those obligations are not recognized since the fair value cannot be estimated due to the uncertainty of the settlement date of the obligation .\nthe transition adjustment related to adopting sfas no .\n143 on january 1 , 2003 , was recognized as a cumulative effect of a change in accounting principle .\nthe cumulative effect on net income of adopting sfas no .\n143 was a net favorable effect of $ 4 million , net of tax of $ 4 million .\nat the time of adoption , total assets increased $ 120 million , and total liabilities increased $ 116 million .\nthe amounts recognized upon adoption are based upon numerous estimates and assumptions , including future retirement costs , future recoverable quantities of oil and gas , future inflation rates and the credit-adjusted risk-free interest rate .\nchanges in asset retirement obligations during the year were : ( in millions ) 2003 pro forma 2002 ( a ) .\n\nTable Data:\n[['( in millions )', '2003', 'pro forma2002 ( a )'], ['asset retirement obligations as of january 1', '$ 339', '$ 316'], ['liabilities incurred during 2003 ( b )', '32', '2013'], ['liabilities settled during 2003 ( c )', '-42 ( 42 )', '2013'], ['accretion expense ( included in depreciation depletion and amortization )', '20', '23'], ['revisions of previous estimates', '41', '2013'], ['asset retirement obligations as of december 31', '$ 390', '$ 339']]\n\nFollowing Text:\n( a ) pro forma data as if sfas no .\n143 had been adopted on january 1 , 2002 .\nif adopted , income before cumulative effect of changes in accounting principles for 2002 would have been increased by $ 1 million and there would have been no impact on earnings per share .\n( b ) includes $ 12 million related to the acquisition of khanty mansiysk oil corporation in 2003 .\n( c ) includes $ 25 million associated with assets sold in 2003 .\nin the second quarter of 2002 , the financial accounting standards board ( 201cfasb 201d ) issued statement of financial accounting standards no .\n145 201crescission of fasb statements no .\n4 , 44 , and 64 , amendment of fasb statement no .\n13 , and technical corrections 201d ( 201csfas no .\n145 201d ) .\neffective january 1 , 2003 , marathon adopted the provisions relating to the classification of the effects of early extinguishment of debt in the consolidated statement of income .\nas a result , losses of $ 53 million from the early extinguishment of debt in 2002 , which were previously reported as an extraordinary item ( net of tax of $ 20 million ) , have been reclassified into income before income taxes .\nthe adoption of sfas no .\n145 had no impact on net income for 2002 .\neffective january 1 , 2003 , marathon adopted statement of financial accounting standards no .\n146 201caccounting for exit or disposal activities 201d ( 201csfas no .\n146 201d ) .\nsfas no .\n146 is effective for exit or disposal activities that are initiated after december 31 , 2002 .\nthere were no impacts upon the initial adoption of sfas no .\n146 .\neffective january 1 , 2003 , marathon adopted the fair value recognition provisions of statement of financial accounting standards no .\n123 201caccounting for stock-based compensation 201d ( 201csfas no .\n123 201d ) .\nstatement of financial accounting standards no .\n148 201caccounting for stock-based compensation 2013 transition and disclosure 201d ( 201csfas no .\n148 201d ) , an amendment of sfas no .\n123 , provides alternative methods for the transition of the accounting for stock-based compensation from the intrinsic value method to the fair value method .\nmarathon has applied the fair value method to grants made , modified or settled on or after january 1 , 2003 .\nthe impact on marathon 2019s 2003 net income was not materially different than under previous accounting standards .\nthe fasb issued statement of financial accounting standards no .\n149 201camendment of statement 133 on derivative instruments and hedging activities 201d on april 30 , 2003 .\nthe statement is effective for derivative contracts entered into or modified after june 30 , 2003 and for hedging relationships designated after june 30 , 2003 .\nthe adoption of this statement did not have an effect on marathon 2019s financial position , cash flows or results of operations .\nthe fasb issued statement of financial accounting standards no .\n150 201caccounting for certain financial instruments with characteristics of both liabilities and equity 201d on may 30 , 2003 .\nthe adoption of this statement , effective july 1 , 2003 , did not have a material effect on marathon 2019s financial position or results of operations .\neffective january 1 , 2003 , fasb interpretation no .\n45 , 201cguarantor 2019s accounting and disclosure requirements for guarantees , including indirect guarantees of indebtedness of others 201d ( 201cfin 45 201d ) , requires the fair-value .\n\nQuestion: what are the average asset retirement obligations as of january 1 2002 and 2003 in millions?",
        "solution": "327.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2017/page_77.pdf\n\nID: BLK/2017/page_77.pdf-1\n\nPrevious Text:\nincome tax expense .\n\nTable Data:\n[['( in millions )', 'gaap 2017', 'gaap 2016', 'gaap 2015', 'gaap 2017', 'gaap 2016', '2015'], ['operating income ( 1 )', '$ 5272', '$ 4570', '$ 4664', '$ 5287', '$ 4674', '$ 4695'], ['total nonoperating income ( expense ) ( 1 ) ( 2 )', '-32 ( 32 )', '-108 ( 108 )', '-69 ( 69 )', '-32 ( 32 )', '-108 ( 108 )', '-70 ( 70 )'], ['income before income taxes ( 2 )', '$ 5240', '$ 4462', '$ 4595', '$ 5255', '$ 4566', '$ 4625'], ['income tax expense ( 3 )', '$ 270', '$ 1290', '$ 1250', '$ 1539', '$ 1352', '$ 1312'], ['effective tax rate ( 3 )', '5.2% ( 5.2 % )', '28.9% ( 28.9 % )', '27.2% ( 27.2 % )', '29.3% ( 29.3 % )', '29.6% ( 29.6 % )', '28.4% ( 28.4 % )']]\n\nFollowing Text:\noperating income ( 1 ) $ 5272 $ 4570 $ 4664 $ 5287 $ 4674 $ 4695 total nonoperating income ( expense ) ( 1 ) ( 2 ) ( 32 ) ( 108 ) ( 69 ) ( 32 ) ( 108 ) ( 70 ) income before income taxes ( 2 ) $ 5240 $ 4462 $ 4595 $ 5255 $ 4566 $ 4625 income tax expense ( 3 ) $ 270 $ 1290 $ 1250 $ 1539 $ 1352 $ 1312 effective tax rate ( 3 ) 5.2% ( 5.2 % ) 28.9% ( 28.9 % ) 27.2% ( 27.2 % ) 29.3% ( 29.3 % ) 29.6% ( 29.6 % ) 28.4% ( 28.4 % ) ( 1 ) see non-gaap financial measures for further information on and reconciliation of as adjusted items .\n( 2 ) net of net income ( loss ) attributable to nci .\n( 3 ) gaap income tax expense and effective tax rate for 2017 reflects $ 1.2 billion of a net tax benefit related to the 2017 tax act .\nthe company 2019s tax rate is affected by tax rates in foreign jurisdictions and the relative amount of income earned in those jurisdictions , which the company expects to be fairly consistent in the near term .\nthe significant foreign jurisdictions that have lower statutory tax rates than the u.s .\nfederal statutory rate of 35% ( 35 % ) include the united kingdom , channel islands , ireland and netherlands .\n2017 .\nincome tax expense ( gaap ) reflected : 2022 the following amounts related to the 2017 tax act : 2022 $ 106 million tax expense related to the revaluation of certain deferred income tax assets ; 2022 $ 1758 million noncash tax benefit related to the revaluation of certain deferred income tax liabilities ; 2022 $ 477 million tax expense related to the mandatory deemed repatriation of undistributed foreign earnings and profits .\n2022 a noncash expense of $ 16 million , primarily associated with the revaluation of certain deferred income tax liabilities as a result of domestic state and local tax changes ; and 2022 $ 173 million discrete tax benefits , primarily related to stock-based compensation awards , including $ 151 million related to the adoption of new accounting guidance related to stock-based compensation awards .\nsee note 2 , significant accounting policies , for further information .\nthe as adjusted effective tax rate of 29.3% ( 29.3 % ) for 2017 excluded the noncash deferred tax revaluation benefit of $ 1758 million and noncash expense of $ 16 million mentioned above as it will not have a cash flow impact and to ensure comparability among periods presented .\nin addition , the deemed repatriation tax expense of $ 477 million has been excluded from the as adjusted results due to the one-time nature and to ensure comparability among periods presented .\n2016 .\nincome tax expense ( gaap ) reflected : 2022 a net noncash benefit of $ 30 million , primarily associated with the revaluation of certain deferred income tax liabilities ; and 2022 a benefit from $ 65 million of nonrecurring items , including the resolution of certain outstanding tax matters .\nthe as adjusted effective tax rate of 29.6% ( 29.6 % ) for 2016 excluded the net noncash benefit of $ 30 million mentioned above as it will not have a cash flow impact and to ensure comparability among periods presented .\n2015 .\nincome tax expense ( gaap ) reflected : 2022 a net noncash benefit of $ 54 million , primarily associated with the revaluation of certain deferred income tax liabilities ; and 2022 a benefit from $ 75 million of nonrecurring items , primarily due to the realization of losses from changes in the company 2019s organizational tax structure and the resolution of certain outstanding tax matters .\nthe as adjusted effective tax rate of 28.4% ( 28.4 % ) for 2015 excluded the net noncash benefit of $ 54 million mentioned above , as it will not have a cash flow impact and to ensure comparability among periods presented .\nbalance sheet overview as adjusted balance sheet the following table presents a reconciliation of the consolidated statement of financial condition presented on a gaap basis to the consolidated statement of financial condition , excluding the impact of separate account assets and separate account collateral held under securities lending agreements ( directly related to lending separate account securities ) and separate account liabilities and separate account collateral liabilities under securities lending agreements and consolidated sponsored investment funds , including consolidated vies .\nthe company presents the as adjusted balance sheet as additional information to enable investors to exclude certain assets that have equal and offsetting liabilities or noncontrolling interests that ultimately do not have an impact on stockholders 2019 equity or cash flows .\nmanagement views the as adjusted balance sheet , which contains non-gaap financial measures , as an economic presentation of the company 2019s total assets and liabilities ; however , it does not advocate that investors consider such non-gaap financial measures in isolation from , or as a substitute for , financial information prepared in accordance with gaap .\nseparate account assets and liabilities and separate account collateral held under securities lending agreements separate account assets are maintained by blackrock life limited , a wholly owned subsidiary of the company that is a registered life insurance company in the united kingdom , and represent segregated assets held for purposes of funding individual and group pension contracts .\nthe .\n\nQuestion: what is the growth rate in operating income from 2016 to 2017?",
        "solution": "15.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_26.pdf\n\nID: LMT/2013/page_26.pdf-2\n\nPrevious Text:\nreporting unit 2019s related goodwill assets .\nin 2013 , we recorded a non-cash goodwill impairment charge of $ 195 million , net of state tax benefits .\nsee 201ccritical accounting policies - goodwill 201d in management 2019s discussion and analysis of financial condition and results of operations and 201cnote 1 2013 significant accounting policies 201d for more information on this impairment charge .\nchanges in u.s .\nor foreign tax laws , including possibly with retroactive effect , and audits by tax authorities could result in unanticipated increases in our tax expense and affect profitability and cash flows .\nfor example , proposals to lower the u.s .\ncorporate income tax rate would require us to reduce our net deferred tax assets upon enactment of the related tax legislation , with a corresponding material , one-time increase to income tax expense , but our income tax expense and payments would be materially reduced in subsequent years .\nactual financial results could differ from our judgments and estimates .\nrefer to 201ccritical accounting policies 201d in management 2019s discussion and analysis of financial condition and results of operations , and 201cnote 1 2013 significant accounting policies 201d of our consolidated financial statements for a complete discussion of our significant accounting policies and use of estimates .\nitem 1b .\nunresolved staff comments .\nitem 2 .\nproperties .\nat december 31 , 2013 , we owned or leased building space ( including offices , manufacturing plants , warehouses , service centers , laboratories , and other facilities ) at 518 locations primarily in the u.s .\nadditionally , we manage or occupy various u.s .\ngovernment-owned facilities under lease and other arrangements .\nat december 31 , 2013 , we had significant operations in the following locations : 2022 aeronautics 2013 palmdale , california ; marietta , georgia ; greenville , south carolina ; fort worth and san antonio , texas ; and montreal , canada .\n2022 information systems & global solutions 2013 goodyear , arizona ; sunnyvale , california ; colorado springs and denver , colorado ; gaithersburg and rockville , maryland ; valley forge , pennsylvania ; and houston , texas .\n2022 missiles and fire control 2013 camden , arkansas ; orlando , florida ; lexington , kentucky ; and grand prairie , texas .\n2022 mission systems and training 2013 orlando , florida ; baltimore , maryland ; moorestown/mt .\nlaurel , new jersey ; owego and syracuse , new york ; akron , ohio ; and manassas , virginia .\n2022 space systems 2013 huntsville , alabama ; sunnyvale , california ; denver , colorado ; albuquerque , new mexico ; and newtown , pennsylvania .\n2022 corporate activities 2013 lakeland , florida and bethesda , maryland .\nin november 2013 , we committed to a plan to vacate our leased facilities in goodyear , arizona and akron , ohio , and close our owned facility in newtown , pennsylvania and certain owned buildings at our sunnyvale , california facility .\nwe expect these closures , which include approximately 2.5 million square feet of facility space , will be substantially complete by the middle of 2015 .\nfor information regarding these matters , see 201cnote 2 2013 restructuring charges 201d of our consolidated financial statements .\nthe following is a summary of our square feet of floor space by business segment at december 31 , 2013 , inclusive of the facilities that we plan to vacate as mentioned above ( in millions ) : owned leased u.s .\ngovernment- owned total .\n\nTable Data:\n[['', 'owned', 'leased', 'u.s . government- owned', 'total'], ['aeronautics', '5.8', '2.7', '14.2', '22.7'], ['information systems & global solutions', '2.5', '5.7', '2014', '8.2'], ['missiles and fire control', '4.2', '5.1', '1.3', '10.6'], ['mission systems and training', '5.8', '5.3', '0.4', '11.5'], ['space systems', '8.5', '1.6', '7.9', '18.0'], ['corporate activities', '3.0', '0.9', '2014', '3.9'], ['total', '29.8', '21.3', '23.8', '74.9']]\n\nFollowing Text:\nwe believe our facilities are in good condition and adequate for their current use .\nwe may improve , replace , or reduce facilities as considered appropriate to meet the needs of our operations. .\n\nQuestion: what percentage of total square feet of floor space by business segment at december 31 , 2013 is in missiles and fire control?",
        "solution": "14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2012/page_70.pdf\n\nID: PPG/2012/page_70.pdf-3\n\nPrevious Text:\n68 2012 ppg annual report and form 10-k december 31 , 2012 , 2011 and 2010 was $ ( 30 ) million , $ 98 million and $ 65 million , respectively .\nthe cumulative tax benefit related to the adjustment for pension and other postretirement benefits at december 31 , 2012 and 2011 was approximately $ 960 million and $ 990 million , respectively .\nthere was no tax ( cost ) benefit related to the change in the unrealized gain ( loss ) on marketable securities for the year ended december 31 , 2012 .\nthe tax ( cost ) benefit related to the change in the unrealized gain ( loss ) on marketable securities for the years ended december 31 , 2011 and 2010 was $ ( 0.2 ) million and $ 0.6 million , respectively .\nthe tax benefit related to the change in the unrealized gain ( loss ) on derivatives for the years ended december 31 , 2012 , 2011 and 2010 was $ 4 million , $ 19 million and $ 1 million , respectively .\n18 .\nemployee savings plan ppg 2019s employee savings plan ( 201csavings plan 201d ) covers substantially all u.s .\nemployees .\nthe company makes matching contributions to the savings plan , at management's discretion , based upon participants 2019 savings , subject to certain limitations .\nfor most participants not covered by a collective bargaining agreement , company-matching contributions are established each year at the discretion of the company and are applied to participant savings up to a maximum of 6% ( 6 % ) of eligible participant compensation .\nfor those participants whose employment is covered by a collective bargaining agreement , the level of company-matching contribution , if any , is determined by the relevant collective bargaining agreement .\nthe company-matching contribution was suspended from march 2009 through june 2010 as a cost savings measure in recognition of the adverse impact of the global recession .\neffective july 1 , 2010 , the company match was reinstated at 50% ( 50 % ) on the first 6% ( 6 % ) of compensation contributed for most employees eligible for the company-matching contribution feature .\nthis included the union represented employees in accordance with their collective bargaining agreements .\non january 1 , 2011 , the company match was increased to 75% ( 75 % ) on the first 6% ( 6 % ) of compensation contributed by these eligible employees and this level was maintained throughout 2012 .\ncompensation expense and cash contributions related to the company match of participant contributions to the savings plan for 2012 , 2011 and 2010 totaled $ 28 million , $ 26 million and $ 9 million , respectively .\na portion of the savings plan qualifies under the internal revenue code as an employee stock ownership plan .\nas a result , the dividends on ppg shares held by that portion of the savings plan totaling $ 18 million , $ 20 million and $ 24 million for 2012 , 2011 and 2010 , respectively , were tax deductible to the company for u.s .\nfederal tax purposes .\n19 .\nother earnings .\n\nTable Data:\n[['( millions )', '2012', '2011', '2010'], ['royalty income', '$ 51', '$ 55', '$ 58'], ['share of net earnings of equity affiliates ( see note 5 )', '11', '37', '45'], ['gain on sale of assets', '4', '12', '8'], ['other', '83', '73', '69'], ['total', '$ 149', '$ 177', '$ 180']]\n\nFollowing Text:\n20 .\nstock-based compensation the company 2019s stock-based compensation includes stock options , restricted stock units ( 201crsus 201d ) and grants of contingent shares that are earned based on achieving targeted levels of total shareholder return .\nall current grants of stock options , rsus and contingent shares are made under the ppg industries , inc .\namended and restated omnibus incentive plan ( 201cppg amended omnibus plan 201d ) , which was amended and restated effective april 21 , 2011 .\nshares available for future grants under the ppg amended omnibus plan were 8.5 million as of december 31 , 2012 .\ntotal stock-based compensation cost was $ 73 million , $ 36 million and $ 52 million in 2012 , 2011 and 2010 , respectively .\nstock-based compensation expense increased year over year due to the increase in the expected payout percentage of the 2010 performance-based rsu grants and ppg's total shareholder return performance in 2012 in comparison with the standard & poors ( s&p ) 500 index , which has increased the expense related to outstanding grants of contingent shares .\nthe total income tax benefit recognized in the accompanying consolidated statement of income related to the stock-based compensation was $ 25 million , $ 13 million and $ 18 million in 2012 , 2011 and 2010 , respectively .\nstock options ppg has outstanding stock option awards that have been granted under two stock option plans : the ppg industries , inc .\nstock plan ( 201cppg stock plan 201d ) and the ppg amended omnibus plan .\nunder the ppg amended omnibus plan and the ppg stock plan , certain employees of the company have been granted options to purchase shares of common stock at prices equal to the fair market value of the shares on the date the options were granted .\nthe options are generally exercisable beginning from six to 48 months after being granted and have a maximum term of 10 years .\nupon exercise of a stock option , shares of company stock are issued from treasury stock .\nthe ppg stock plan includes a restored option provision for options originally granted prior to january 1 , 2003 that allows an optionee to exercise options and satisfy the option cost by certifying ownership of mature shares of ppg common stock with a market value equal to the option cost .\nthe fair value of stock options issued to employees is measured on the date of grant and is recognized as expense over the requisite service period .\nppg estimates the fair value of stock options using the black-scholes option pricing model .\nthe risk- free interest rate is determined by using the u.s .\ntreasury yield table of contents .\n\nQuestion: what was the change in millions of total stock-based compensation cost from 2011 to 2012?",
        "solution": "37"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2016/page_83.pdf\n\nID: LMT/2016/page_83.pdf-4\n\nPrevious Text:\nbenefits as an increase to earnings of $ 152 million ( $ 0.50 per share ) during the year ended december 31 , 2016 .\nadditionally , we recognized additional income tax benefits as an increase to operating cash flows of $ 152 million during the year ended december 31 , 2016 .\nthe new accounting standard did not impact any periods prior to january 1 , 2016 , as we applied the changes in the asu on a prospective basis .\nin september 2015 , the fasb issued asu no .\n2015-16 , business combinations ( topic 805 ) , which simplifies the accounting for adjustments made to preliminary amounts recognized in a business combination by eliminating the requirement to retrospectively account for those adjustments .\ninstead , adjustments will be recognized in the period in which the adjustments are determined , including the effect on earnings of any amounts that would have been recorded in previous periods if the accounting had been completed at the acquisition date .\nwe adopted the asu on january 1 , 2016 and are prospectively applying the asu to business combination adjustments identified after the date of adoption .\nin november 2015 , the fasb issued asu no .\n2015-17 , income taxes ( topic 740 ) , which simplifies the presentation of deferred income taxes and requires that deferred tax assets and liabilities , as well as any related valuation allowance , be classified as noncurrent in our consolidated balance sheets .\nwe applied the provisions of the asu retrospectively and reclassified approximately $ 1.6 billion from current to noncurrent assets and approximately $ 140 million from current to noncurrent liabilities in our consolidated balance sheet as of december 31 , 2015 .\nnote 2 2013 earnings per share the weighted average number of shares outstanding used to compute earnings per common share were as follows ( in millions ) : .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['weighted average common shares outstanding for basic computations', '299.3', '310.3', '316.8'], ['weighted average dilutive effect of equity awards', '3.8', '4.4', '5.6'], ['weighted average common shares outstanding for dilutedcomputations', '303.1', '314.7', '322.4']]\n\nFollowing Text:\nwe compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented .\nour calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units and exercise of outstanding stock options based on the treasury stock method .\nthere were no anti-dilutive equity awards for the years ended december 31 , 2016 , 2015 and 2014 .\nnote 3 2013 acquisitions and divestitures acquisitions acquisition of sikorsky aircraft corporation on november 6 , 2015 , we completed the acquisition of sikorsky aircraft corporation and certain affiliated companies ( collectively 201csikorsky 201d ) from united technologies corporation ( utc ) and certain of utc 2019s subsidiaries .\nthe purchase price of the acquisition was $ 9.0 billion , net of cash acquired .\nas a result of the acquisition , sikorsky became a wholly- owned subsidiary of ours .\nsikorsky is a global company primarily engaged in the research , design , development , manufacture and support of military and commercial helicopters .\nsikorsky 2019s products include military helicopters such as the black hawk , seahawk , ch-53k , h-92 ; and commercial helicopters such as the s-76 and s-92 .\nthe acquisition enables us to extend our core business into the military and commercial rotary wing markets , allowing us to strengthen our position in the aerospace and defense industry .\nfurther , this acquisition will expand our presence in commercial and international markets .\nsikorsky has been aligned under our rms business segment .\nto fund the $ 9.0 billion acquisition price , we utilized $ 6.0 billion of proceeds borrowed under a temporary 364-day revolving credit facility ( the 364-day facility ) , $ 2.0 billion of cash on hand and $ 1.0 billion from the issuance of commercial paper .\nin the fourth quarter of 2015 , we repaid all outstanding borrowings under the 364-day facility with the proceeds from the issuance of $ 7.0 billion of fixed interest-rate long-term notes in a public offering ( the november 2015 notes ) .\nin the fourth quarter of 2015 , we also repaid the $ 1.0 billion in commercial paper borrowings ( see 201cnote 10 2013 debt 201d ) . .\n\nQuestion: what is the percentage change in weighted average common shares outstanding for basic computations from 2015 to 2016?",
        "solution": "-3.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAS/2013/page_27.pdf\n\nID: MAS/2013/page_27.pdf-4\n\nPrevious Text:\n6feb201418202649 performance graph the table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor 2019s 500 composite stock index ( 2018 2018s&p 500 index 2019 2019 ) , ( ii ) the standard & poor 2019s industrials index ( 2018 2018s&p industrials index 2019 2019 ) and ( iii ) the standard & poor 2019s consumer durables & apparel index ( 2018 2018s&p consumer durables & apparel index 2019 2019 ) , from december 31 , 2008 through december 31 , 2013 , when the closing price of our common stock was $ 22.77 .\nthe graph assumes investments of $ 100 on december 31 , 2008 in our common stock and in each of the three indices and the reinvestment of dividends .\n$ 350.00 $ 300.00 $ 250.00 $ 200.00 $ 150.00 $ 100.00 $ 50.00 performance graph .\n\nTable Data:\n[['', '2009', '2010', '2011', '2012', '2013'], ['masco', '$ 128.21', '$ 120.32', '$ 102.45', '$ 165.80', '$ 229.59'], ['s&p 500 index', '$ 125.92', '$ 144.58', '$ 147.60', '$ 171.04', '$ 225.85'], ['s&p industrials index', '$ 120.19', '$ 151.89', '$ 150.97', '$ 173.87', '$ 243.73'], ['s&p consumer durables & apparel index', '$ 136.29', '$ 177.91', '$ 191.64', '$ 232.84', '$ 316.28']]\n\nFollowing Text:\nin july 2007 , our board of directors authorized the purchase of up to 50 million shares of our common stock in open-market transactions or otherwise .\nat december 31 , 2013 , we had remaining authorization to repurchase up to 22.6 million shares .\nduring the first quarter of 2013 , we repurchased and retired 1.7 million shares of our common stock , for cash aggregating $ 35 million to offset the dilutive impact of the 2013 grant of 1.7 million shares of long-term stock awards .\nwe have not purchased any shares since march 2013. .\n\nQuestion: what was the percent of the increase in the performance of s&p 500 index from 2009 to 2010",
        "solution": "14.82%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNPS/2006/page_46.pdf\n\nID: SNPS/2006/page_46.pdf-1\n\nPrevious Text:\naccounts receivable , net october 31 , 2006 october 31 , 2005 dollar change change .\n\nTable Data:\n[['october 31 2006', 'october 31 2005', 'dollar change', '% (  % ) change'], ['( dollars in millions )', '( dollars in millions )', '', ''], ['$ 122.6', '$ 100.2', '$ 22.4', '22% ( 22 % )']]\n\nFollowing Text:\nthe increase in accounts receivable was primarily due to the increased billings during the fiscal year ended october 31 , 2006 .\ndays sales outstanding ( dso ) was 39 days at october 31 , 2006 and 36 days at october 31 , 2005 .\nour accounts receivable and dso are primarily driven by our billing and collections activities .\nnet working capital working capital is comprised of current assets less current liabilities , as shown on our balance sheet .\nas of october 31 , 2006 , our working capital was $ 23.4 million , compared to $ 130.6 million as of october 31 , 2005 .\nthe decrease in net working capital of $ 107.2 million was primarily due to ( 1 ) a decrease of $ 73.7 million in cash and cash equivalents ; ( 2 ) a decrease of current deferred tax assets of $ 83.2 million , primarily due to a tax accounting method change ; ( 3 ) a decrease in income taxes receivable of $ 5.8 million ; ( 4 ) an increase in income taxes payable of $ 21.5 million ; ( 5 ) an increase in deferred revenue of $ 29.9 million ; and ( 6 ) a net increase of $ 2.8 million in accounts payable and other liabilities which included a reclassification of debt of $ 7.5 million from long term to short term debt .\nthis decrease was partially offset by ( 1 ) an increase in short-term investments of $ 59.9 million ; ( 2 ) an increase in prepaid and other assets of $ 27.4 million , which includes land of $ 23.4 million reclassified from property plant and equipment to asset held for sale within prepaid expense and other assets on our consolidated balance sheet ; and ( 3 ) an increase in accounts receivable of $ 22.4 million .\nother commitments 2014revolving credit facility on october 20 , 2006 , we entered into a five-year , $ 300.0 million senior unsecured revolving credit facility providing for loans to synopsys and certain of its foreign subsidiaries .\nthe facility replaces our previous $ 250.0 million senior unsecured credit facility , which was terminated effective october 20 , 2006 .\nthe amount of the facility may be increased by up to an additional $ 150.0 million through the fourth year of the facility .\nthe facility contains financial covenants requiring us to maintain a minimum leverage ratio and specified levels of cash , as well as other non-financial covenants .\nthe facility terminates on october 20 , 2011 .\nborrowings under the facility bear interest at the greater of the administrative agent 2019s prime rate or the federal funds rate plus 0.50% ( 0.50 % ) ; however , we have the option to pay interest based on the outstanding amount at eurodollar rates plus a spread between 0.50% ( 0.50 % ) and 0.70% ( 0.70 % ) based on a pricing grid tied to a financial covenant .\nin addition , commitment fees are payable on the facility at rates between 0.125% ( 0.125 % ) and 0.175% ( 0.175 % ) per year based on a pricing grid tied to a financial covenant .\nas of october 31 , 2006 we had no outstanding borrowings under this credit facility and were in compliance with all the covenants .\nwe believe that our current cash , cash equivalents , short-term investments , cash generated from operations , and available credit under our credit facility will satisfy our business requirements for at least the next twelve months. .\n\nQuestion: what was the change in dso between 2005 and 2006?",
        "solution": "3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APTV/2018/page_34.pdf\n\nID: APTV/2018/page_34.pdf-4\n\nPrevious Text:\nadequacy of our provision for income taxes , we regularly assess the likelihood of adverse outcomes resulting from tax examinations .\nwhile it is often difficult to predict the final outcome or the timing of the resolution of a tax examination , our reserves for uncertain tax benefits reflect the outcome of tax positions that are more likely than not to occur .\nwhile we believe that we have complied with all applicable tax laws , there can be no assurance that a taxing authority will not have a different interpretation of the law and assess us with additional taxes .\nshould additional taxes be assessed , this may result in a material adverse effect on our results of operations and financial condition .\nitem 1b .\nunresolved staff comments we have no unresolved sec staff comments to report .\nitem 2 .\nproperties as of december 31 , 2018 , we owned or leased 126 major manufacturing sites and 15 major technical centers .\na manufacturing site may include multiple plants and may be wholly or partially owned or leased .\nwe also have many smaller manufacturing sites , sales offices , warehouses , engineering centers , joint ventures and other investments strategically located throughout the world .\nwe have a presence in 44 countries .\nthe following table shows the regional distribution of our major manufacturing sites by the operating segment that uses such facilities : north america europe , middle east & africa asia pacific south america total .\n\nTable Data:\n[['', 'north america', 'europemiddle east& africa', 'asia pacific', 'south america', 'total'], ['signal and power solutions', '45', '33', '33', '5', '116'], ['advanced safety and user experience', '2', '5', '3', '2014', '10'], ['total', '47', '38', '36', '5', '126']]\n\nFollowing Text:\nin addition to these manufacturing sites , we had 15 major technical centers : eight in north america ; two in europe , middle east and africa ; and five in asia pacific .\nof our 126 major manufacturing sites and 15 major technical centers , which include facilities owned or leased by our consolidated subsidiaries , 61 are primarily owned and 80 are primarily leased .\nwe frequently review our real estate portfolio and develop footprint strategies to support our customers 2019 global plans , while at the same time supporting our technical needs and controlling operating expenses .\nwe believe our evolving portfolio will meet current and anticipated future needs .\nitem 3 .\nlegal proceedings we are from time to time subject to various actions , claims , suits , government investigations , and other proceedings incidental to our business , including those arising out of alleged defects , breach of contracts , competition and antitrust matters , product warranties , intellectual property matters , personal injury claims and employment-related matters .\nit is our opinion that the outcome of such matters will not have a material adverse impact on our consolidated financial position , results of operations , or cash flows .\nwith respect to warranty matters , although we cannot ensure that the future costs of warranty claims by customers will not be material , we believe our established reserves are adequate to cover potential warranty settlements .\nhowever , the final amounts required to resolve these matters could differ materially from our recorded estimates .\nbrazil matters aptiv conducts business operations in brazil that are subject to the brazilian federal labor , social security , environmental , tax and customs laws , as well as a variety of state and local laws .\nwhile aptiv believes it complies with such laws , they are complex , subject to varying interpretations , and the company is often engaged in litigation with government agencies regarding the application of these laws to particular circumstances .\nas of december 31 , 2018 , the majority of claims asserted against aptiv in brazil relate to such litigation .\nthe remaining claims in brazil relate to commercial and labor litigation with private parties .\nas of december 31 , 2018 , claims totaling approximately $ 145 million ( using december 31 , 2018 foreign currency rates ) have been asserted against aptiv in brazil .\nas of december 31 , 2018 , the company maintains accruals for these asserted claims of $ 30 million ( using december 31 , 2018 foreign currency rates ) .\nthe amounts accrued represent claims that are deemed probable of loss and are reasonably estimable based on the company 2019s analyses and assessment of the asserted claims and prior experience with similar matters .\nwhile the company believes its accruals are adequate , the final amounts required to resolve these matters could differ materially from the company 2019s recorded estimates and aptiv 2019s results of .\n\nQuestion: considering the asia pacific , what is the percentage of the signal and power solutions segment among all segments?",
        "solution": "91.67%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2018/page_53.pdf\n\nID: WRK/2018/page_53.pdf-4\n\nPrevious Text:\ncompared to earlier levels .\nthe 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 .\nliquidity 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 .\nin 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 ) .\nin 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 .\non november 2 , 2018 , in connection with the closing of the kapstone acquisition , we drew upon the facility in full .\nthe 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 .\nwe 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 .\nsee fffdnote 13 .\ndebt fffdtt of the notes to consolidated financial statements for additional information .\nfunding 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 .\nas such , our foreign cash and cash equivalents are not expected to be a key source of liquidity to our domestic operations .\nat 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 .\nthis liquidity may be used to provide for ongoing working capital needs and for other general corporate purposes , including acquisitions , dividends and stock repurchases .\ncertain restrictive covenants govern our maximum availability under the credit facilities .\nwe test and report our compliance with these covenants as required and we were in compliance with all of these covenants at september 30 , 2018 .\nat 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 .\nwe 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 .\napproximately 20% ( 20 % ) of the cash and cash equivalents at september 30 , 2018 were held outside of the u.s .\nat september 30 , 2018 , total debt was $ 6415.2 million , $ 740.7 million of which was current .\nat september 30 , 2017 , total debt was $ 6554.8 million , $ 608.7 million of which was current .\ncash flow activityy .\n\nTable Data:\n[['( 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 )']]\n\nFollowing Text:\nnet 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 .\nnet 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 .\nthe changes in working capital in fiscal 2018 , 2017 and 2016 included a .\n\nQuestion: what percent of the increase in net cash from operations between 2016 and 2017 was due to working capital changes?",
        "solution": "52.62%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_86.pdf\n\nID: ETR/2004/page_86.pdf-2\n\nPrevious Text:\nentergy corporation notes to consolidated financial statements the annual long-term debt maturities ( excluding lease obligations ) for debt outstanding as of december 31 , 2004 , for the next five years are as follows: .\n\nTable Data:\n[['', '( in thousands )'], ['2005', '$ 467298'], ['2006', '$ 75896'], ['2007', '$ 199539'], ['2008', '$ 747246'], ['2009', '$ 512584']]\n\nFollowing Text:\nin november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .\nentergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .\nthese notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .\nin accordance with the purchase agreement with nypa , the purchase of indian point 2 in 2001 resulted in entergy's non-utility nuclear business becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 .\nthis liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .\nin july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .\nunder a provision in a letter of credit supporting these notes , if certain of the domestic utility companies or system energy were to default on other indebtedness , entergy could be required to post collateral to support the letter of credit .\ncovenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .\nif entergy's debt ratio exceeds this limit , or if entergy or certain of the domestic utility companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .\nthe long-term securities issuances of entergy corporation , entergy gulf states , entergy louisiana , entergy mississippi , and system energy also are limited to amounts authorized by the sec .\nunder its current sec order , and without further authorization , entergy corporation cannot incur additional indebtedness or issue other securities unless ( a ) it and each of its public utility subsidiaries maintain a common equity ratio of at least 30% ( 30 % ) and ( b ) the security to be issued ( if rated ) and all outstanding securities of entergy corporation that are rated , are rated investment grade by at least one nationally recognized statistical rating agency .\nunder their current sec orders , and without further authorization , entergy gulf states , entergy louisiana , and entergy mississippi cannot incur additional indebtedness or issue other securities unless ( a ) the issuer and entergy corporation maintains a common equity ratio of at least 30% ( 30 % ) and ( b ) the security to be issued ( if rated ) and all outstanding securities of the issuer ( other than preferred stock of entergy gulf states ) , as well as all outstanding securities of entergy corporation , that are rated , are rated investment grade .\njunior subordinated deferrable interest debentures and implementation of fin 46 entergy implemented fasb interpretation no .\n46 , \"consolidation of variable interest entities\" effective december 31 , 2003 .\nfin 46 requires existing unconsolidated variable interest entities to be consolidated by their primary beneficiaries if the entities do not effectively disperse risks among their investors .\nvariable interest entities ( vies ) , generally , are entities that do not have sufficient equity to permit the entity to finance its operations without additional financial support from its equity interest holders and/or the group of equity interest holders are collectively not able to exercise control over the entity .\nthe primary beneficiary is the party that absorbs a majority of the entity's expected losses , receives a majority of its expected residual returns , or both as a result of holding the variable interest .\na company may have an interest in a vie through ownership or other contractual rights or obligations .\nentergy louisiana capital i , entergy arkansas capital i , and entergy gulf states capital i ( trusts ) were established as financing subsidiaries of entergy louisiana , entergy arkansas , and entergy gulf states .\n\nQuestion: what amount of long-term debt is due in the next 36 months for entergy corporation as of december 31 , 2004 , in millions?",
        "solution": "742.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2011/page_58.pdf\n\nID: SLG/2011/page_58.pdf-2\n\nPrevious Text:\n56 / 57 management 2019s discussion and analysis of financial condition and results of operations junior subordinate deferrable interest debentures in june 2005 , we issued $ 100.0 a0million of trust preferred securities , which are reflected on the balance sheet as junior subordinate deferrable interest debentures .\nthe proceeds were used to repay our revolving credit facility .\nthe $ 100.0 a0million of junior subordi- nate deferrable interest debentures have a 30-year term ending july 2035 .\nthey bear interest at a fixed rate of 5.61% ( 5.61 % ) for the first 10 years ending july 2015 .\nthereafter , the rate will float at three month libor plus 1.25% ( 1.25 % ) .\nthe securities are redeemable at par .\nrestrictive covenants the terms of the 2011 revolving credit facility and certain of our senior unsecured notes include certain restrictions and covenants which may limit , among other things , our ability to pay dividends ( as discussed below ) , make certain types of investments , incur additional indebtedness , incur liens and enter into negative pledge agreements and the disposition of assets , and which require compliance with financial ratios including our minimum tangible net worth , a maximum ratio of total indebtedness to total asset value , a minimum ratio of ebitda to fixed charges and a maximum ratio of unsecured indebtedness to unencumbered asset value .\nthe dividend restriction referred to above provides that we will not during any time when we are in default , make distributions with respect to common stock or other equity interests , except to enable us to continue to qualify as a reit for federal income tax purposes .\nas of december a031 , 2011 and 2010 , we were in compli- ance with all such covenants .\nmarket rate risk we are exposed to changes in interest rates primarily from our floating rate borrowing arrangements .\nwe use interest rate deriv- ative instruments to manage exposure to interest rate changes .\na a0hypothetical 100 a0basis point increase in interest rates along the entire interest rate curve for 2011 and 2010 , would increase our annual interest cost by approximately $ 12.3 a0million and $ 11.0 a0mil- lion and would increase our share of joint venture annual interest cost by approximately $ 4.8 a0million and $ 6.7 a0million , respectively .\nwe recognize all derivatives on the balance sheet at fair value .\nderivatives that are not hedges must be adjusted to fair value through income .\nif a derivative is a hedge , depending on the nature of the hedge , changes in the fair value of the derivative will either be offset against the change in fair value of the hedged asset , liability , or firm commitment through earnings , or recognized in other comprehensive income until the hedged item is recognized in earnings .\nthe ineffective portion of a derivative 2019s change in fair value is recognized immediately in earnings .\napproximately $ 4.8 a0billion of our long- term debt bore interest a0at fixed rates , and therefore the fair value of these instru- ments is affected by changes in the market interest rates .\nthe interest rate on our variable rate debt and joint venture debt as of december a031 , 2011 ranged from libor plus 150 a0basis points to libor plus 350 a0basis points .\ncontractual obligations combined aggregate principal maturities of mortgages and other loans payable , our 2011 revolving credit facility , senior unsecured notes ( net of discount ) , trust preferred securities , our share of joint venture debt , including as- of-right extension options , estimated interest expense ( based on weighted average interest rates for the quarter ) , and our obligations under our capital lease and ground leases , as of december a031 , 2011 are as follows ( in thousands ) : .\n\nTable Data:\n[['', '2012', '2013', '2014', '2015', '2016', 'thereafter', 'total'], ['property mortgages', '$ 52443', '$ 568649', '$ 647776', '$ 270382', '$ 556400', '$ 2278190', '$ 4373840'], ['revolving credit facility', '2014', '2014', '2014', '2014', '350000', '2014', '350000'], ['trust preferred securities', '2014', '2014', '2014', '2014', '2014', '100000', '100000'], ['senior unsecured notes', '119423', '2014', '98578', '657', '274804', '777194', '1270656'], ['capital lease', '1555', '1555', '1555', '1592', '1707', '42351', '50315'], ['ground leases', '33429', '33429', '33429', '33429', '33533', '615450', '782699'], ['estimated interest expense', '312672', '309280', '269286', '244709', '212328', '470359', '1818634'], ['joint venture debt', '176457', '93683', '123983', '102476', '527814', '800102', '1824515'], ['total', '$ 695979', '$ 1006596', '$ 1174607', '$ 653245', '$ 1956586', '$ 5083646', '$ 10570659']]\n\nFollowing Text:\n.\n\nQuestion: what percentage of total obligations is the property mortgages and ground leases obligations?",
        "solution": "49%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2015/page_110.pdf\n\nID: RE/2015/page_110.pdf-4\n\nPrevious Text:\ncertain reclassifications and format changes have been made to prior years 2019 amounts to conform to the 2015 presentation .\nb .\ninvestments .\nfixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets .\nfixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) .\nthe company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities .\nthe company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities .\nfixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency .\nthe company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities .\nfor equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions .\ninterest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) .\nunrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses .\nshort-term investments are stated at cost , which approximates market value .\nrealized gains or losses on sales of investments are determined on the basis of identified cost .\nfor non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s .\ntreasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security .\nfor publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs .\nwhen a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value .\nretrospective adjustments are employed to recalculate the values of asset-backed securities .\neach acquisition lot is reviewed to recalculate the effective yield .\nthe recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition .\noutstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities .\nconditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types .\nother invested assets include limited partnerships and rabbi trusts .\nlimited partnerships are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag .\nc .\nuncollectible receivable balances .\nthe company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances .\nsuch reserves are presented in the table below for the periods indicated. .\n\nTable Data:\n[['( dollars in thousands )', 'years ended december 31 , 2015', 'years ended december 31 , 2014'], ['reinsurance receivables and premium receivables', '$ 22878', '$ 29497']]\n\nFollowing Text:\n.\n\nQuestion: what is the change in the reinsurance receivables and premium receivables from 2014 to 2015 in thousands",
        "solution": "-6619"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2012/page_34.pdf\n\nID: DRE/2012/page_34.pdf-1\n\nPrevious Text:\n32| | duke realty corporation annual report 2012 2022 in 2010 , we sold approximately 60 acres of land , in two separate transactions , which resulted in impairment charges of $ 9.8 million .\nthese sales were opportunistic in nature and we had not identified or actively marketed this land for disposition , as it was previously intended to be held for development .\ngeneral and administrative expenses general and administrative expenses increased from $ 41.3 million in 2010 to $ 43.1 million in 2011 .\nthe following table sets forth the factors that led to the increase in general and administrative expenses from 2010 to 2011 ( in millions ) : .\n\nTable Data:\n[['general and administrative expenses - 2010', '$ 41.3'], ['increase to overall pool of overhead costs ( 1 )', '5.7'], ['increased absorption of costs by wholly-owned development and leasing activities ( 2 )', '-3.7 ( 3.7 )'], ['increased allocation of costs to service operations and rental operations', '-0.2 ( 0.2 )'], ['general and administrative expenses - 2011', '$ 43.1']]\n\nFollowing Text:\ninterest expense interest expense from continuing operations increased from $ 186.4 million in 2010 to $ 220.5 million in 2011 .\nthe increase was primarily a result of increased average outstanding debt during 2011 compared to 2010 , which was driven by our acquisition activities as well as other uses of capital .\na $ 7.2 million decrease in the capitalization of interest costs , the result of developed properties no longer meeting the criteria for interest capitalization , also contributed to the increase in interest expense .\ngain ( loss ) on debt transactions there were no gains or losses on debt transactions during 2011 .\nduring 2010 , through a cash tender offer and open market transactions , we repurchased certain of our outstanding series of unsecured notes scheduled to mature in 2011 and 2013 .\nin total , we paid $ 292.2 million for unsecured notes that had a face value of $ 279.9 million .\nwe recognized a net loss on extinguishment of $ 16.3 million after considering the write-off of unamortized deferred financing costs , discounts and other accounting adjustments .\nacquisition-related activity during 2011 , we recognized approximately $ 2.3 million in acquisition costs , compared to $ 1.9 million of such costs in 2010 .\nduring 2011 , we also recognized a $ 1.1 million gain related to the acquisition of a building from one of our 50%-owned unconsolidated joint ventures , compared to a $ 57.7 million gain in 2010 on the acquisition of our joint venture partner 2019s 50% ( 50 % ) interest in dugan .\ncritical accounting policies the preparation of our consolidated financial statements in conformity with gaap requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period .\nour estimates , judgments and assumptions are inherently subjective and based on the existing business and market conditions , and are therefore continually evaluated based upon available information and experience .\nnote 2 to the consolidated financial statements includes further discussion of our significant accounting policies .\nour management has assessed the accounting policies used in the preparation of our financial statements and discussed them with our audit committee and independent auditors .\nthe following accounting policies are considered critical based upon materiality to the financial statements , degree of judgment involved in estimating reported amounts and sensitivity to changes in industry and economic conditions : ( 1 ) the increase to our overall pool of overhead costs from 2010 is largely due to increased severance pay related to overhead reductions that took place near the end of 2011 .\n( 2 ) our total leasing activity increased and we also increased wholly owned development activities from 2010 .\nwe capitalized $ 25.3 million and $ 10.4 million of our total overhead costs to leasing and development , respectively , for consolidated properties during 2011 , compared to capitalizing $ 23.5 million and $ 8.5 million of such costs , respectively , for 2010 .\ncombined overhead costs capitalized to leasing and development totaled 20.6% ( 20.6 % ) and 19.1% ( 19.1 % ) of our overall pool of overhead costs for 2011 and 2010 , respectively. .\n\nQuestion: what was the percentage increase in the general and administrative expenses from 2010 to 2011.\\\\n",
        "solution": "4.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VNO/2006/page_95.pdf\n\nID: VNO/2006/page_95.pdf-2\n\nPrevious Text:\nproperties 51vornado realty trust industrial properties our dry warehouse/industrial properties consist of seven buildings in new jersey containing approximately 1.5 million square feet .\nthe properties are encumbered by two cross-collateralized mortgage loans aggregating $ 47179000 as of december 31 , 2006 .\naverage lease terms range from three to five years .\nthe following table sets forth the occupancy rate and average annual rent per square foot at the end of each of the past five years .\naverage annual occupancy rent per as of december 31 , rate square foot .\n\nTable Data:\n[['as of december 31,', 'occupancy rate', 'average annual rent per square foot'], ['2006', '96.9% ( 96.9 % )', '$ 4.17'], ['2005', '100.0% ( 100.0 % )', '4.19'], ['2004', '88.0% ( 88.0 % )', '3.96'], ['2003', '88.0% ( 88.0 % )', '3.86'], ['2002', '100.0% ( 100.0 % )', '3.89']]\n\nFollowing Text:\n220 central park south , new york city we own a 90% ( 90 % ) interest in 220 central park south .\nthe property contains 122 rental apartments with an aggregate of 133000 square feet and 5700 square feet of commercial space .\non november 7 , 2006 , we completed a $ 130000000 refinancing of the property .\nthe loan has two tranches : the first tranche of $ 95000000 bears interest at libor ( capped at 5.50% ( 5.50 % ) ) plus 2.35% ( 2.35 % ) ( 7.70% ( 7.70 % ) as of december 31 , 2006 ) and the second tranche can be drawn up to $ 35000000 and bears interest at libor ( capped at 5.50% ( 5.50 % ) ) plus 2.45% ( 2.45 % ) ( 7.80% ( 7.80 % ) as of december 31 , 2006 ) .\nas of december 31 , 2006 , approximately $ 27990000 has been drawn on the second tranche .\n40 east 66th street , new york city 40 east 66th street , located at madison avenue and east 66th street , contains 37 rental apartments with an aggregate of 85000 square feet , and 10000 square feet of retail space .\nthe rental apartment operations are included in our other segment and the retail operations are included in the retail segment. .\n\nQuestion: average annual rent per square foot changed in 2005 from 2004 by what amount?",
        "solution": "0.23"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2015/page_133.pdf\n\nID: ETR/2015/page_133.pdf-4\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements entergy new orleans securitization bonds - hurricane isaac in may 2015 the city council issued a financing order authorizing the issuance of securitization bonds to recover entergy new orleans 2019s hurricane isaac storm restoration costs of $ 31.8 million , including carrying costs , the costs of funding and replenishing the storm recovery reserve in the amount of $ 63.9 million , and approximately $ 3 million of up-front financing costs associated with the securitization .\nin july 2015 , entergy new orleans storm recovery funding i , l.l.c. , a company wholly owned and consolidated by entergy new orleans , issued $ 98.7 million of storm cost recovery bonds .\nthe bonds have a coupon of 2.67% ( 2.67 % ) and an expected maturity date of june 2024 .\nalthough the principal amount is not due until the date given above , entergy new orleans storm recovery funding expects to make principal payments on the bonds over the next five years in the amounts of $ 11.4 million for 2016 , $ 10.6 million for 2017 , $ 11 million for 2018 , $ 11.2 million for 2019 , and $ 11.6 million for 2020 .\nwith the proceeds , entergy new orleans storm recovery funding purchased from entergy new orleans the storm recovery property , which is the right to recover from customers through a storm recovery charge amounts sufficient to service the securitization bonds .\nthe storm recovery property is reflected as a regulatory asset on the consolidated entergy new orleans balance sheet .\nthe creditors of entergy new orleans do not have recourse to the assets or revenues of entergy new orleans storm recovery funding , including the storm recovery property , and the creditors of entergy new orleans storm recovery funding do not have recourse to the assets or revenues of entergy new orleans .\nentergy new orleans has no payment obligations to entergy new orleans storm recovery funding except to remit storm recovery charge collections .\nentergy texas securitization bonds - hurricane rita in april 2007 the puct issued a financing order authorizing the issuance of securitization bonds to recover $ 353 million of entergy texas 2019s hurricane rita reconstruction costs and up to $ 6 million of transaction costs , offset by $ 32 million of related deferred income tax benefits .\nin june 2007 , entergy gulf states reconstruction funding i , llc , a company that is now wholly-owned and consolidated by entergy texas , issued $ 329.5 million of senior secured transition bonds ( securitization bonds ) as follows : amount ( in thousands ) .\n\nTable Data:\n[['', 'amount ( in thousands )'], ['senior secured transition bonds series a:', ''], ['tranche a-1 ( 5.51% ( 5.51 % ) ) due october 2013', '$ 93500'], ['tranche a-2 ( 5.79% ( 5.79 % ) ) due october 2018', '121600'], ['tranche a-3 ( 5.93% ( 5.93 % ) ) due june 2022', '114400'], ['total senior secured transition bonds', '$ 329500']]\n\nFollowing Text:\nalthough the principal amount of each tranche is not due until the dates given above , entergy gulf states reconstruction funding expects to make principal payments on the bonds over the next five years in the amounts of $ 26 million for 2016 , $ 27.6 million for 2017 , $ 29.2 million for 2018 , $ 30.9 million for 2019 , and $ 32.8 million for 2020 .\nall of the scheduled principal payments for 2016 are for tranche a-2 , $ 23.6 million of the scheduled principal payments for 2017 are for tranche a-2 and $ 4 million of the scheduled principal payments for 2017 are for tranche a-3 .\nall of the scheduled principal payments for 2018-2020 are for tranche a-3 .\nwith the proceeds , entergy gulf states reconstruction funding purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds .\nthe transition property is reflected as a regulatory asset on the consolidated entergy texas balance sheet .\nthe creditors of entergy texas do not have recourse to the assets or revenues of entergy gulf states reconstruction funding , including the transition property , and the creditors of entergy gulf states reconstruction funding do not have recourse to the assets or revenues of entergy texas .\nentergy texas has no payment obligations to entergy gulf states reconstruction funding except to remit transition charge collections. .\n\nQuestion: what is the principal payment in 2020 as a percentage of the total senior secured transition bonds?",
        "solution": "9.96%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2016/page_98.pdf\n\nID: AES/2016/page_98.pdf-1\n\nPrevious Text:\nthe net decrease in the 2016 effective tax rate was due , in part , to the 2016 asset impairments in the u.s .\nand to the current year benefit related to a restructuring of one of our brazilian businesses that increases tax basis in long-term assets .\nfurther , the 2015 rate was impacted by the items described below .\nsee note 20 2014asset impairment expense for additional information regarding the 2016 u.s .\nasset impairments .\nincome tax expense increased $ 101 million , or 27% ( 27 % ) , to $ 472 million in 2015 .\nthe company's effective tax rates were 41% ( 41 % ) and 26% ( 26 % ) for the years ended december 31 , 2015 and 2014 , respectively .\nthe net increase in the 2015 effective tax rate was due , in part , to the nondeductible 2015 impairment of goodwill at our u.s .\nutility , 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 .\nfurther , 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 .\nwind operating projects .\nneither of these transactions gave rise to income tax expense .\nsee note 15 2014equity for additional information regarding the sale of approximately 45% ( 45 % ) of the company 2019s interest in masin-aes pte ltd .\nsee note 23 2014dispositions for additional information regarding the sale of the company 2019s interests in four u.k .\nwind operating projects .\nour 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 .\nstatutory rate of 35% ( 35 % ) .\na future proportionate change in the composition of income before income taxes from foreign and domestic tax jurisdictions could impact our periodic effective tax rate .\nthe company also benefits from reduced tax rates in certain countries as a result of satisfying specific commitments regarding employment and capital investment .\nsee note 21 2014income taxes for additional information regarding these reduced rates .\nforeign currency transaction gains ( losses ) foreign currency transaction gains ( losses ) in millions were as follows: .\n\nTable Data:\n[['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']]\n\nFollowing Text:\ntotal ( 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 .\nthe 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 .\nthis 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 .\nthe 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 .\ndollar denominated debt , and losses at termoandes ( a u.s .\ndollar 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 .\ndollar 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 .\ndollar functional currency subsidiary ) associated with intercompany notes payable denominated in pound sterling , and .\n\nQuestion: what was the change in millions between 2014 and 2015 of foreign currency transaction gains ( losses ) for aes corporation?",
        "solution": "3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2010/page_45.pdf\n\nID: PPG/2010/page_45.pdf-1\n\nPrevious Text:\nnotes to the consolidated financial statements the credit agreement provides that loans will bear interest at rates based , at the company 2019s option , on one of two specified base rates plus a margin based on certain formulas defined in the credit agreement .\nadditionally , the credit agreement contains a commitment fee on the amount of unused commitment under the credit agreement ranging from 0.125% ( 0.125 % ) to 0.625% ( 0.625 % ) per annum .\nthe applicable interest rate and the commitment fee will vary depending on the ratings established by standard & poor 2019s financial services llc and moody 2019s investor service inc .\nfor the company 2019s non-credit enhanced , long- term , senior , unsecured debt .\nthe credit agreement contains usual and customary restrictive covenants for facilities of its type , which include , with specified exceptions , limitations on the company 2019s ability to create liens or other encumbrances , to enter into sale and leaseback transactions and to enter into consolidations , mergers or transfers of all or substantially all of its assets .\nthe credit agreement also requires the company to maintain a ratio of total indebtedness to total capitalization , as defined in the credit agreement , of sixty percent or less .\nthe credit agreement contains customary events of default that would permit the lenders to accelerate the repayment of any loans , including the failure to make timely payments when due under the credit agreement or other material indebtedness , the failure to satisfy covenants contained in the credit agreement , a change in control of the company and specified events of bankruptcy and insolvency .\nthere were no amounts outstanding under the credit agreement at december 31 , on november 12 , 2010 , ppg completed a public offering of $ 250 million in aggregate principal amount of its 1.900% ( 1.900 % ) notes due 2016 ( the 201c2016 notes 201d ) , $ 500 million in aggregate principal amount of its 3.600% ( 3.600 % ) notes due 2020 ( the 201c2020 notes 201d ) and $ 250 million in aggregate principal amount of its 5.500% ( 5.500 % ) notes due 2040 ( the 201c2040 notes 201d ) .\nthese notes were issued pursuant to an indenture dated as of march 18 , 2008 ( the 201coriginal indenture 201d ) between the company and the bank of new york mellon trust company , n.a. , as trustee ( the 201ctrustee 201d ) , as supplemented by a first supplemental indenture dated as of march 18 , 2008 between the company and the trustee ( the 201cfirst supplemental indenture 201d ) and a second supplemental indenture dated as of november 12 , 2010 between the company and the trustee ( the 201csecond supplemental indenture 201d and , together with the original indenture and the first supplemental indenture , the 201cindenture 201d ) .\nthe company may issue additional debt from time to time pursuant to the original indenture .\nthe indenture governing these notes contains covenants that limit the company 2019s ability to , among other things , incur certain liens securing indebtedness , engage in certain sale-leaseback transactions , and enter into certain consolidations , mergers , conveyances , transfers or leases of all or substantially all the company 2019s assets .\nthe terms of these notes also require the company to make an offer to repurchase notes upon a change of control triggering event ( as defined in the second supplemental indenture ) at a price equal to 101% ( 101 % ) of their principal amount plus accrued and unpaid interest .\ncash proceeds from this notes offering was $ 983 million ( net of discount and issuance costs ) .\nthe discount and issuance costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 791 million of which $ 31 million was used as of december 31 , 2010 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2010 and 2009 , was as follows : ( millions ) 2010 2009 20ac650 million revolving credit facility , 0.8% ( 0.8 % ) as of dec .\n31 , 2009 $ 2014 $ 110 other , weighted average 3.39% ( 3.39 % ) as of dec .\n31 , 2010 and 2.2% ( 2.2 % ) as of december 31 , 2009 24 158 total $ 24 $ 268 ppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2010 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2010 , 2009 and 2008 totaled $ 189 million , $ 201 million and $ 228 million , respectively .\n2010 ppg annual report and form 10-k 43 .\n\nTable Data:\n[['( millions )', '2010', '2009'], ['20ac650 million revolving credit facility 0.8% ( 0.8 % ) as of dec . 31 2009', '$ 2014', '$ 110'], ['other weighted average 3.39% ( 3.39 % ) as of dec . 31 2010 and 2.2% ( 2.2 % ) as of december 31 2009', '24', '158'], ['total', '$ 24', '$ 268']]\n\nFollowing Text:\nnotes to the consolidated financial statements the credit agreement provides that loans will bear interest at rates based , at the company 2019s option , on one of two specified base rates plus a margin based on certain formulas defined in the credit agreement .\nadditionally , the credit agreement contains a commitment fee on the amount of unused commitment under the credit agreement ranging from 0.125% ( 0.125 % ) to 0.625% ( 0.625 % ) per annum .\nthe applicable interest rate and the commitment fee will vary depending on the ratings established by standard & poor 2019s financial services llc and moody 2019s investor service inc .\nfor the company 2019s non-credit enhanced , long- term , senior , unsecured debt .\nthe credit agreement contains usual and customary restrictive covenants for facilities of its type , which include , with specified exceptions , limitations on the company 2019s ability to create liens or other encumbrances , to enter into sale and leaseback transactions and to enter into consolidations , mergers or transfers of all or substantially all of its assets .\nthe credit agreement also requires the company to maintain a ratio of total indebtedness to total capitalization , as defined in the credit agreement , of sixty percent or less .\nthe credit agreement contains customary events of default that would permit the lenders to accelerate the repayment of any loans , including the failure to make timely payments when due under the credit agreement or other material indebtedness , the failure to satisfy covenants contained in the credit agreement , a change in control of the company and specified events of bankruptcy and insolvency .\nthere were no amounts outstanding under the credit agreement at december 31 , on november 12 , 2010 , ppg completed a public offering of $ 250 million in aggregate principal amount of its 1.900% ( 1.900 % ) notes due 2016 ( the 201c2016 notes 201d ) , $ 500 million in aggregate principal amount of its 3.600% ( 3.600 % ) notes due 2020 ( the 201c2020 notes 201d ) and $ 250 million in aggregate principal amount of its 5.500% ( 5.500 % ) notes due 2040 ( the 201c2040 notes 201d ) .\nthese notes were issued pursuant to an indenture dated as of march 18 , 2008 ( the 201coriginal indenture 201d ) between the company and the bank of new york mellon trust company , n.a. , as trustee ( the 201ctrustee 201d ) , as supplemented by a first supplemental indenture dated as of march 18 , 2008 between the company and the trustee ( the 201cfirst supplemental indenture 201d ) and a second supplemental indenture dated as of november 12 , 2010 between the company and the trustee ( the 201csecond supplemental indenture 201d and , together with the original indenture and the first supplemental indenture , the 201cindenture 201d ) .\nthe company may issue additional debt from time to time pursuant to the original indenture .\nthe indenture governing these notes contains covenants that limit the company 2019s ability to , among other things , incur certain liens securing indebtedness , engage in certain sale-leaseback transactions , and enter into certain consolidations , mergers , conveyances , transfers or leases of all or substantially all the company 2019s assets .\nthe terms of these notes also require the company to make an offer to repurchase notes upon a change of control triggering event ( as defined in the second supplemental indenture ) at a price equal to 101% ( 101 % ) of their principal amount plus accrued and unpaid interest .\ncash proceeds from this notes offering was $ 983 million ( net of discount and issuance costs ) .\nthe discount and issuance costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 791 million of which $ 31 million was used as of december 31 , 2010 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2010 and 2009 , was as follows : ( millions ) 2010 2009 20ac650 million revolving credit facility , 0.8% ( 0.8 % ) as of dec .\n31 , 2009 $ 2014 $ 110 other , weighted average 3.39% ( 3.39 % ) as of dec .\n31 , 2010 and 2.2% ( 2.2 % ) as of december 31 , 2009 24 158 total $ 24 $ 268 ppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2010 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2010 , 2009 and 2008 totaled $ 189 million , $ 201 million and $ 228 million , respectively .\n2010 ppg annual report and form 10-k 43 .\n\nQuestion: what was the change in millions of interest payments from 2008 to 2009?",
        "solution": "-27"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2008/page_77.pdf\n\nID: AAPL/2008/page_77.pdf-1\n\nPrevious Text:\ntable of contents notes to consolidated financial statements ( continued ) note 6 2014shareholders 2019 equity preferred stock the company has five million shares of authorized preferred stock , none of which is issued or outstanding .\nunder the terms of the company 2019s restated articles of incorporation , the board of directors is authorized to determine or alter the rights , preferences , privileges and restrictions of the company 2019s authorized but unissued shares of preferred stock .\nceo restricted stock award on march 19 , 2003 , the company 2019s board of directors granted 10 million shares of restricted stock to the company 2019s ceo that vested on march 19 , 2006 .\nthe amount of the restricted stock award expensed by the company was based on the closing market price of the company 2019s common stock on the date of grant and was amortized ratably on a straight-line basis over the three-year requisite service period .\nupon vesting during 2006 , the 10 million shares of restricted stock had a fair value of $ 646.6 million and had grant-date fair value of $ 7.48 per share .\nthe restricted stock award was net-share settled such that the company withheld shares with value equivalent to the ceo 2019s minimum statutory obligation for the applicable income and other employment taxes , and remitted the cash to the appropriate taxing authorities .\nthe total shares withheld of 4.6 million were based on the value of the restricted stock award on the vesting date as determined by the company 2019s closing stock price of $ 64.66 .\nthe remaining shares net of those withheld were delivered to the company 2019s ceo .\ntotal payments for the ceo 2019s tax obligations to the taxing authorities was $ 296 million in 2006 and are reflected as a financing activity within the consolidated statements of cash flows .\nthe net-share settlement had the effect of share repurchases by the company as it reduced and retired the number of shares outstanding and did not represent an expense to the company .\nthe company 2019s ceo has no remaining shares of restricted stock .\nfor the year ended september 30 , 2006 , compensation expense related to restricted stock was $ 4.6 million .\ncomprehensive income comprehensive income consists of two components , net income and other comprehensive income .\nother comprehensive income refers to revenue , expenses , gains , and losses that under u.s .\ngenerally accepted accounting principles are recorded as an element of shareholders 2019 equity but are excluded from net income .\nthe company 2019s other comprehensive income consists of foreign currency translation adjustments from those subsidiaries not using the u.s .\ndollar as their functional currency , unrealized gains and losses on marketable securities categorized as available- for-sale , and net deferred gains and losses on certain derivative instruments accounted for as cash flow hedges .\nthe following table summarizes the components of accumulated other comprehensive income , net of taxes , as of the three fiscal years ended september 27 , 2008 ( in millions ) : the change in fair value of available-for-sale securities included in other comprehensive income was $ ( 63 ) million , $ ( 7 ) million , and $ 4 million , net of taxes in 2008 , 2007 , and 2006 , respectively .\nthe tax effect related to the change in unrealized gain/loss on available-for-sale securities was $ 42 million , $ 4 million , and $ ( 2 ) million for 2008 , 2007 , and 2006 , respectively. .\n\nTable Data:\n[['', '2008', '2007', '2006'], ['unrealized losses on available-for-sale securities', '$ -70 ( 70 )', '$ -7 ( 7 )', '$ 2014'], ['unrealized gains on derivative instruments', '19', '2014', '3'], ['cumulative foreign currency translation', '59', '70', '19'], ['accumulated other comprehensive income', '$ 8', '$ 63', '$ 22']]\n\nFollowing Text:\n.\n\nQuestion: what was the greatest annual amount in millions of cumulative foreign currency translation?",
        "solution": "70"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2014/page_85.pdf\n\nID: LMT/2014/page_85.pdf-3\n\nPrevious Text:\nas of december 31 , 2014 and 2013 , our liabilities associated with unrecognized tax benefits are not material .\nwe and our subsidiaries file income tax returns in the u.s .\nfederal jurisdiction and various foreign jurisdictions .\nwith few exceptions , the statute of limitations is no longer open for u.s .\nfederal or non-u.s .\nincome tax examinations for the years before 2011 , other than with respect to refunds .\nu.s .\nincome taxes and foreign withholding taxes have not been provided on earnings of $ 291 million , $ 222 million and $ 211 million that have not been distributed by our non-u.s .\ncompanies as of december 31 , 2014 , 2013 and 2012 .\nour intention is to permanently reinvest these earnings , thereby indefinitely postponing their remittance to the u.s .\nif these earnings had been remitted , we estimate that the additional income taxes after foreign tax credits would have been approximately $ 55 million in 2014 , $ 50 million in 2013 and $ 45 million in 2012 .\nour federal and foreign income tax payments , net of refunds received , were $ 1.5 billion in 2014 , $ 787 million in 2013 and $ 890 million in 2012 .\nour 2014 and 2013 net payments reflect a $ 200 million and $ 550 million refund from the irs primarily attributable to our tax-deductible discretionary pension contributions during the fourth quarters of 2013 and 2012 , and our 2012 net payments reflect a $ 153 million refund from the irs related to a 2011 capital loss carryback .\nnote 8 2013 debt our long-term debt consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2014', '2013'], ['notes with rates from 2.13% ( 2.13 % ) to 6.15% ( 6.15 % ) due 2016 to 2042', '$ 5642', '$ 5642'], ['notes with rates from 7.00% ( 7.00 % ) to 7.75% ( 7.75 % ) due 2016 to 2036', '916', '916'], ['other debt', '483', '476'], ['total long-term debt', '7041', '7034'], ['less : unamortized discounts', '-872 ( 872 )', '-882 ( 882 )'], ['total long-term debt net', '$ 6169', '$ 6152']]\n\nFollowing Text:\nin august 2014 , we entered into a new $ 1.5 billion revolving credit facility with a syndicate of banks and concurrently terminated our existing $ 1.5 billion revolving credit facility which was scheduled to expire in august 2016 .\nthe new credit facility expires august 2019 and we may request and the banks may grant , at their discretion , an increase to the new credit facility of up to an additional $ 500 million .\nthe credit facility also includes a sublimit of up to $ 300 million available for the issuance of letters of credit .\nthere were no borrowings outstanding under the new facility through december 31 , 2014 .\nborrowings under the new credit facility would be unsecured and bear interest at rates based , at our option , on a eurodollar rate or a base rate , as defined in the new credit facility .\neach bank 2019s obligation to make loans under the credit facility is subject to , among other things , our compliance with various representations , warranties and covenants , including covenants limiting our ability and certain of our subsidiaries 2019 ability to encumber assets and a covenant not to exceed a maximum leverage ratio , as defined in the credit facility .\nthe leverage ratio covenant excludes the adjustments recognized in stockholders 2019 equity related to postretirement benefit plans .\nas of december 31 , 2014 , we were in compliance with all covenants contained in the credit facility , as well as in our debt agreements .\nwe have agreements in place with financial institutions to provide for the issuance of commercial paper .\nthere were no commercial paper borrowings outstanding during 2014 or 2013 .\nif we were to issue commercial paper , the borrowings would be supported by the credit facility .\nin april 2013 , we repaid $ 150 million of long-term notes with a fixed interest rate of 7.38% ( 7.38 % ) due to their scheduled maturities .\nduring the next five years , we have scheduled long-term debt maturities of $ 952 million due in 2016 and $ 900 million due in 2019 .\ninterest payments were $ 326 million in 2014 , $ 340 million in 2013 and $ 378 million in 2012 .\nall of our existing unsecured and unsubordinated indebtedness rank equally in right of payment .\nnote 9 2013 postretirement plans defined benefit pension plans and retiree medical and life insurance plans many of our employees are covered by qualified defined benefit pension plans and we provide certain health care and life insurance benefits to eligible retirees ( collectively , postretirement benefit plans ) .\nwe also sponsor nonqualified defined benefit pension plans to provide for benefits in excess of qualified plan limits .\nnon-union represented employees hired after december 2005 do not participate in our qualified defined benefit pension plans , but are eligible to participate in a qualified .\n\nQuestion: what was the change in millions of total long-term debt net between 2013 and 2014?",
        "solution": "17"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DVN/2011/page_26.pdf\n\nID: DVN/2011/page_26.pdf-3\n\nPrevious Text:\nissuer purchases of equity securities the following table provides information regarding purchases of our common stock that were made by us during the fourth quarter of 2011 .\nperiod total number of shares purchased ( 2 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) maximum dollar value of shares that may yet be purchased under the plans or programs ( 1 ) ( in millions ) .\n\nTable Data:\n[['period', 'total number of shares purchased ( 2 )', 'average price paid per share', 'total number of shares purchased as part ofpublicly announced plans or programs ( 1 )', 'maximum dollar value of shares that may yetbe purchased under the plans or programs ( 1 ) ( in millions )'], ['october 1 2013 october 31', '3228557', '$ 58.52', '3227800', '$ 108'], ['november 1 2013 november 30', '1813994', '$ 66.38', '1618110', '$ 2014'], ['december 1 2013 december 31', '475685', '$ 64.68', '2014', '$ 2014'], ['total', '5518236', '$ 61.64', '4845910', '']]\n\nFollowing Text:\n( 1 ) in may 2010 , our board of directors approved a $ 3.5 billion share repurchase program .\nwe completed this program in the fourth quarter of 2011 .\nin total , we repurchased 49.2 million common shares for $ 3.5 billion , or $ 71.18 per share , under this program .\n( 2 ) during the fourth quarter of 2011 , we repurchased 672326 shares from company employees for the payment of personal income tax withholdings resulting from restricted stock vesting and stock option exercises .\nsuch repurchases are in addition to the $ 3.5 billion repurchase program .\nunder the devon energy corporation incentive savings plan ( the 201cplan 201d ) , eligible employees may purchase shares of our common stock through an investment in the devon stock fund ( the 201cstock fund 201d ) , which is administered by an independent trustee , fidelity management trust company .\neligible employees purchased approximately 45000 shares of our common stock in 2011 , at then-prevailing stock prices , that they held through their ownership in the stock fund .\nwe acquired the shares of our common stock sold under the plan through open-market purchases .\nwe filed a registration statement on form s-8 on january 26 , 2012 registering any offers and sales of interests in the plan or the stock fund and of the underlying shares of our common stock purchased by plan participants after that date .\nsimilarly , under the devon canada corporation savings plan ( the 201ccanadian plan 201d ) , eligible canadian employees may purchase shares of our common stock through an investment in the canadian plan , which is administered by an independent trustee , sun life assurance company of canada .\neligible canadian employees purchased approximately 9000 shares of our common stock in 2011 , at then-prevailing stock prices , that they held through their ownership in the canadian plan .\nwe acquired the shares sold under the canadian plan through open-market purchases .\nthese shares and any interest in the canadian plan were offered and sold in reliance on the exemptions for offers and sales of securities made outside of the u.s. , including under regulation s for offers and sales of securities to employees pursuant to an employee benefit plan established and administered in accordance with the law of a country other than the u.s. .\n\nQuestion: what percentage of total shares repurchased were purchased in october?",
        "solution": "59%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2018/page_90.pdf\n\nID: AON/2018/page_90.pdf-3\n\nPrevious Text:\n( 3 ) refer to note 2 201csummary of significant accounting principles and practices 201d for further information .\n13 .\nemployee benefitsp y defined contribution savings plans aon maintains defined contribution savings plans for the benefit of its employees .\nthe expense recognized for these plans is included in compensation and benefits in the consolidated statements of income .\nthe expense for the significant plans in the u.s. , u.k. , netherlands and canada is as follows ( in millions ) : .\n\nTable Data:\n[['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']]\n\nFollowing Text:\npension and other postretirement benefits the company sponsors defined benefit pension and postretirement health and welfare plans that provide retirement , medical , and life insurance benefits .\nthe postretirement health care plans are contributory , with retiree contributions adjusted annually , and the aa life insurance and pension plans are generally noncontributory .\nthe significant u.s. , u.k. , netherlands and canadian pension plans are closed to new entrants. .\n\nQuestion: considering the years 2016-2018 , what is the average expense for the significant plans in the u.s.?",
        "solution": "108"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2018/page_32.pdf\n\nID: PPG/2018/page_32.pdf-2\n\nPrevious Text:\n30 2018 ppg annual report and 10-k foreign currency translation partially offset by : cost reclassifications associated with the adoption of the new revenue recognition standard .\nrefer to note 2 , \"revenue recognition\" within part 2 of this form 10-k cost management including restructuring cost savings 2017 vs .\n2016 selling , general and administrative expenses decreased $ 1 million primarily due to : lower net periodic pension and other postretirement benefit costs lower selling and advertising costs restructuring cost savings partially offset by : wage and other cost inflation selling , general and administrative expenses from acquired businesses foreign currency translation other charges and other income .\n\nTable Data:\n[['( $ in millions except percentages )', '2018', '% (  % ) change 2017', '% (  % ) change 2016', '% (  % ) change 2018 vs . 2017', '% (  % ) change 2017 vs . 2016'], ['interest expense net of interest income', '$ 95', '$ 85', '$ 99', '11.8% ( 11.8 % )', '( 14.1 ) % (  % )'], ['business restructuring net', '$ 66', '$ 2014', '$ 191', 'n/a', '( 100.0 ) % (  % )'], ['pension settlement charges', '$ 2014', '$ 60', '$ 968', '( 100.0 ) % (  % )', '( 93.8 ) % (  % )'], ['other charges', '$ 122', '$ 74', '$ 242', '64.9% ( 64.9 % )', '( 69.4 ) % (  % )'], ['other income', '( $ 114 )', '( $ 150 )', '( $ 127 )', '( 24.0 ) % (  % )', '18.1% ( 18.1 % )']]\n\nFollowing Text:\ninterest expense , net of interest income interest expense , net of interest income increased $ 10 million in 2018 versus 2017 primarily due to the issuance of long- term debt in early 2018 .\ninterest expense , net of interest income decreased $ 14 million in 2017 versus 2016 due to lower interest rate debt outstanding in 2017 .\nbusiness restructuring , net a pretax restructuring charge of $ 83 million was recorded in the second quarter of 2018 , offset by certain changes in estimates to complete previously recorded programs of $ 17 million .\na pretax charge of $ 191 million was recorded in 2016 .\nrefer to note 8 , \"business restructuring\" in item 8 of this form 10-k for additional information .\npension settlement charges during 2017 , ppg made lump-sum payments to certain retirees who had participated in ppg's u.s .\nqualified and non- qualified pension plans totaling approximately $ 127 million .\nas the lump-sum payments were in excess of the expected 2017 service and interest costs for the affected plans , ppg remeasured the periodic benefit obligation of these plans in the period payments were made and recorded settlement charges totaling $ 60 million ( $ 38 million after-tax ) during 2017 .\nduring 2016 , ppg permanently transferred approximately $ 1.8 billion of its u.s .\nand canadian pension obligations and assets to several highly rated insurance companies .\nthese actions triggered remeasurement and partial settlement of certain of the company 2019s defined benefit pension plans .\nppg recognized a $ 968 million pre-tax settlement charge in connection with these transactions .\nrefer to note 13 , \"employee benefit plans\" in item 8 of this form 10-k for additional information .\nother charges other charges in 2018 and 2016 were higher than 2017 primarily due to environmental remediation charges .\nthese charges were principally for environmental remediation at a former chromium manufacturing plant and associated sites in new jersey .\nrefer to note 14 , \"commitments and contingent liabilities\" in item 8 of this form 10-k for additional information .\nother income other income was lower in 2018 and 2016 than in 2017 primarily due to the gain from the sale of the mexican plaka business of $ 25 million and income from a legal settlement of $ 18 million in 2017 .\nrefer to note 3 , \"acquisitions and divestitures\" in item 8 of this form 10-k for additional information. .\n\nQuestion: assuming the same change in net interest expense in 2019 as occurred in 2018 , what would the 2019 expense be , in millions?",
        "solution": "105"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2005/page_29.pdf\n\nID: IP/2005/page_29.pdf-1\n\nPrevious Text:\nentering 2006 , industrial packaging earnings are expected to improve significantly in the first quarter compared with the fourth quarter 2005 .\naverage price realizations should continue to benefit from price in- creases announced in late 2005 and early 2006 for linerboard and domestic boxes .\ncontainerboard sales volumes are expected to drop slightly in the 2006 first quarter due to fewer shipping days , but growth is antici- pated for u.s .\nconverted products due to stronger de- mand .\ncosts for wood , freight and energy are expected to remain stable during the 2006 first quarter , approach- ing fourth quarter 2005 levels .\nthe continued im- plementation of the new supply chain model at our mills during 2006 will bring additional efficiency improve- ments and cost savings .\non a global basis , the european container operating results are expected to improve as a result of targeted market growth and cost reduction ini- tiatives , and we will begin seeing further contributions from our recent moroccan box plant acquisition and from international paper distribution limited .\nconsumer packaging demand and pricing for consumer packaging prod- ucts correlate closely with consumer spending and gen- eral economic activity .\nin addition to prices and volumes , major factors affecting the profitability of con- sumer packaging are raw material and energy costs , manufacturing efficiency and product mix .\nconsumer packaging 2019s 2005 net sales of $ 2.6 bil- lion were flat compared with 2004 and 5% ( 5 % ) higher com- pared with 2003 .\noperating profits in 2005 declined 22% ( 22 % ) from 2004 and 31% ( 31 % ) from 2003 as improved price realizations ( $ 46 million ) and favorable operations in the mills and converting operations ( $ 60 million ) could not overcome the impact of cost increases in energy , wood , polyethylene and other raw materials ( $ 120 million ) , lack-of-order downtime ( $ 13 million ) and other costs ( $ 8 million ) .\nconsumer packaging in millions 2005 2004 2003 .\n\nTable Data:\n[['in millions', '2005', '2004', '2003'], ['sales', '$ 2590', '$ 2605', '$ 2465'], ['operating profit', '$ 126', '$ 161', '$ 183']]\n\nFollowing Text:\nbleached board net sales of $ 864 million in 2005 were up from $ 842 million in 2004 and $ 751 million in 2003 .\nthe effects in 2005 of improved average price realizations and mill operating improvements were not enough to offset increased energy , wood , polyethylene and other raw material costs , a slight decrease in volume and increased lack-of-order downtime .\nbleached board mills took 100000 tons of downtime in 2005 , including 65000 tons of lack-of-order downtime , compared with 40000 tons of downtime in 2004 , none of which was market related .\nduring 2005 , restructuring and manufacturing improvement plans were implemented to reduce costs and improve market alignment .\nfoodservice net sales were $ 437 million in 2005 compared with $ 480 million in 2004 and $ 460 million in 2003 .\naverage sales prices in 2005 were up 3% ( 3 % ) ; how- ever , domestic cup and lid sales volumes were 5% ( 5 % ) lower than in 2004 as a result of a rationalization of our cus- tomer base early in 2005 .\noperating profits in 2005 in- creased 147% ( 147 % ) compared with 2004 , largely due to the settlement of a lawsuit and a favorable adjustment on the sale of the jackson , tennessee bag plant .\nexcluding unusual items , operating profits were flat as improved price realizations offset increased costs for bleached board and resin .\nshorewood net sales of $ 691 million in 2005 were essentially flat with net sales in 2004 of $ 687 million , but were up compared with $ 665 million in 2003 .\noperating profits in 2005 were 17% ( 17 % ) above 2004 levels and about equal to 2003 levels .\nimproved margins resulting from a rationalization of the customer mix and the effects of improved manufacturing operations , including the successful start up of our south korean tobacco operations , more than offset cost increases for board and paper and the impact of unfavorable foreign exchange rates in canada .\nbeverage packaging net sales were $ 597 million in 2005 , $ 595 million in 2004 and $ 589 million in 2003 .\naverage sale price realizations increased 2% ( 2 % ) compared with 2004 , principally the result of the pass-through of higher raw material costs , although the implementation of price increases continues to be impacted by com- petitive pressures .\noperating profits were down 14% ( 14 % ) compared with 2004 and 19% ( 19 % ) compared with 2003 , due principally to increases in board and resin costs .\nin 2006 , the bleached board market is expected to remain strong , with sales volumes increasing in the first quarter compared with the fourth quarter of 2005 for both folding carton and cup products .\nimproved price realizations are also expected for bleached board and in our foodservice and beverage packaging businesses , al- though continued high costs for energy , wood and resin will continue to negatively impact earnings .\nshorewood should continue to benefit from strong asian operations and from targeted sales volume growth in 2006 .\ncapital improvements and operational excellence initiatives undertaken in 2005 should benefit operating results in 2006 for all businesses .\ndistribution our distribution business , principally represented by our xpedx business , markets a diverse array of products and supply chain services to customers in many business segments .\ncustomer demand is generally sensitive to changes in general economic conditions , although the .\n\nQuestion: was percentage of consumer packaging sales was due to foodservice net sales in 2005?",
        "solution": "17%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2011/page_114.pdf\n\nID: HII/2011/page_114.pdf-3\n\nPrevious Text:\ntax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .\nthe amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .\nthe company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .\nunrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .\nin addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .\nstock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .\nthere were no additional options granted during the year ended december 31 , 2011 .\nthe fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .\nthe fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .\nvolatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .\nrisk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .\ntreasury bond on the date the award was granted with a maturity equal to the expected term of the award .\nexpected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .\na stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .\nthe following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: .\n\nTable Data:\n[['', '2010', '2009'], ['dividend yield', '2.9% ( 2.9 % )', '3.6% ( 3.6 % )'], ['volatility rate', '25% ( 25 % )', '25% ( 25 % )'], ['risk-free interest rate', '2.3% ( 2.3 % )', '1.7% ( 1.7 % )'], ['expected option life ( years )', '6', '5 & 6']]\n\nFollowing Text:\nthe weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .\n\nQuestion: what was the percentage decline in the dividend yield from 2009 to 2010",
        "solution": "-19.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2013/page_50.pdf\n\nID: INTC/2013/page_50.pdf-1\n\nPrevious Text:\ncontractual obligations the following table summarizes our significant contractual obligations as of december 28 , 2013: .\n\nTable Data:\n[['( in millions )', 'payments due by period total', 'payments due by period less than1 year', 'payments due by period 1 20133 years', 'payments due by period 3 20135 years', 'payments due by period more than5 years'], ['operating lease obligations', '$ 870', '$ 208', '$ 298', '$ 166', '$ 198'], ['capital purchase obligations1', '5503', '5375', '125', '2014', '3'], ['other purchase obligations and commitments2', '1859', '772', '744', '307', '36'], ['long-term debt obligations3', '22372', '429', '2360', '3761', '15822'], ['other long-term liabilities4 5', '1496', '569', '663', '144', '120'], ['total6', '$ 32100', '$ 7353', '$ 4190', '$ 4378', '$ 16179']]\n\nFollowing Text:\ncapital purchase obligations1 5503 5375 125 2014 3 other purchase obligations and commitments2 1859 772 744 307 36 long-term debt obligations3 22372 429 2360 3761 15822 other long-term liabilities4 , 5 1496 569 663 144 120 total6 $ 32100 $ 7353 $ 4190 $ 4378 $ 16179 1 capital purchase obligations represent commitments for the construction or purchase of property , plant and equipment .\nthey were not recorded as liabilities on our consolidated balance sheets as of december 28 , 2013 , as we had not yet received the related goods or taken title to the property .\n2 other purchase obligations and commitments include payments due under various types of licenses and agreements to purchase goods or services , as well as payments due under non-contingent funding obligations .\nfunding obligations include agreements to fund various projects with other companies .\n3 amounts represent principal and interest cash payments over the life of the debt obligations , including anticipated interest payments that are not recorded on our consolidated balance sheets .\nany future settlement of convertible debt would impact our cash payments .\n4 we are unable to reliably estimate the timing of future payments related to uncertain tax positions ; therefore , $ 188 million of long-term income taxes payable has been excluded from the preceding table .\nhowever , long- term income taxes payable , recorded on our consolidated balance sheets , included these uncertain tax positions , reduced by the associated federal deduction for state taxes and u.s .\ntax credits arising from non- u.s .\nincome taxes .\n5 amounts represent future cash payments to satisfy other long-term liabilities recorded on our consolidated balance sheets , including the short-term portion of these long-term liabilities .\nexpected required contributions to our u.s .\nand non-u.s .\npension plans and other postretirement benefit plans of $ 62 million to be made during 2014 are also included ; however , funding projections beyond 2014 are not practicable to estimate .\n6 total excludes contractual obligations already recorded on our consolidated balance sheets as current liabilities except for the short-term portions of long-term debt obligations and other long-term liabilities .\ncontractual obligations for purchases of goods or services , included in other purchase obligations and commitments in the preceding table , include agreements that are enforceable and legally binding on intel and that specify all significant terms , including fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction .\nfor obligations with cancellation provisions , the amounts included in the preceding table were limited to the non-cancelable portion of the agreement terms or the minimum cancellation fee .\nwe have entered into certain agreements for the purchase of raw materials that specify minimum prices and quantities based on a percentage of the total available market or based on a percentage of our future purchasing requirements .\ndue to the uncertainty of the future market and our future purchasing requirements , as well as the non-binding nature of these agreements , obligations under these agreements are not included in the preceding table .\nour purchase orders for other products are based on our current manufacturing needs and are fulfilled by our vendors within short time horizons .\nin addition , some of our purchase orders represent authorizations to purchase rather than binding agreements .\ntable of contents management 2019s discussion and analysis of financial condition and results of operations ( continued ) .\n\nQuestion: what percentage of total contractual obligations as of december 28 , 2013 is made up of long-term debt obligations?",
        "solution": "70%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_38.pdf\n\nID: UNP/2009/page_38.pdf-1\n\nPrevious Text:\nhave access to liquidity by issuing bonds to public or private investors based on our assessment of the current condition of the credit markets .\nat december 31 , 2009 , we had a working capital surplus of approximately $ 1.0 billion , which reflects our decision to maintain additional cash reserves to enhance liquidity in response to difficult economic conditions .\nat december 31 , 2008 , we had a working capital deficit of approximately $ 100 million .\nhistorically , we have had a working capital deficit , which is common in our industry and does not indicate a lack of liquidity .\nwe maintain adequate resources and , when necessary , have access to capital to meet any daily and short-term cash requirements , and we have sufficient financial capacity to satisfy our current liabilities .\ncash flows millions of dollars 2009 2008 2007 .\n\nTable Data:\n[['millions of dollars', '2009', '2008', '2007'], ['cash provided by operating activities', '$ 3234', '$ 4070', '$ 3277'], ['cash used in investing activities', '-2175 ( 2175 )', '-2764 ( 2764 )', '-2426 ( 2426 )'], ['cash used in financing activities', '-458 ( 458 )', '-935 ( 935 )', '-800 ( 800 )'], ['net change in cash and cash equivalents', '$ 601', '$ 371', '$ 51']]\n\nFollowing Text:\noperating activities lower net income in 2009 , a reduction of $ 184 million in the outstanding balance of our accounts receivable securitization program , higher pension contributions of $ 72 million , and changes to working capital combined to decrease cash provided by operating activities compared to 2008 .\nhigher net income and changes in working capital combined to increase cash provided by operating activities in 2008 compared to 2007 .\nin addition , accelerated tax deductions enacted in 2008 on certain new operating assets resulted in lower income tax payments in 2008 versus 2007 .\nvoluntary pension contributions in 2008 totaling $ 200 million and other pension contributions of $ 8 million partially offset the year-over-year increase versus 2007 .\ninvesting activities lower capital investments and higher proceeds from asset sales drove the decrease in cash used in investing activities in 2009 versus 2008 .\nincreased capital investments and lower proceeds from asset sales drove the increase in cash used in investing activities in 2008 compared to 2007. .\n\nQuestion: without the 2008 voluntary pension contributions , how much cash would have been provided by operating activities , in millions?",
        "solution": "4270"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2017/page_57.pdf\n\nID: ECL/2017/page_57.pdf-3\n\nPrevious Text:\nliquidity and capital resources we currently expect to fund all of our cash requirements which are reasonably foreseeable for 2018 , including scheduled debt repayments , new investments in the business , share repurchases , dividend payments , possible business acquisitions and pension contributions , with cash from operating activities , and as needed , additional short-term and/or long-term borrowings .\nwe continue to expect our operating cash flow to remain strong .\nas of december 31 , 2017 , we had $ 211 million of cash and cash equivalents on hand , of which $ 151 million was held outside of the as of december 31 , 2016 , we had $ 327 million of cash and cash equivalents on hand , of which $ 184 million was held outside of the u.s .\nas of december 31 , 2015 , we had $ 26 million of deferred tax liabilities for pre-acquisition foreign earnings associated with the legacy nalco entities and legacy champion entities that we intended to repatriate .\nthese liabilities were recorded as part of the respective purchase price accounting of each transaction .\nthe remaining foreign earnings were repatriated in 2016 , reducing the deferred tax liabilities to zero at december 31 , 2016 .\nas of december 31 , 2017 we had a $ 2.0 billion multi-year credit facility , which expires in november 2022 .\nthe credit facility has been established with a diverse syndicate of banks .\nthere were no borrowings under our credit facility as of december 31 , 2017 or 2016 .\nthe credit facility supports our $ 2.0 billion u.s .\ncommercial paper program and $ 2.0 billion european commercial paper program .\ncombined borrowing under these two commercial paper programs may not exceed $ 2.0 billion .\nat year-end , we had no amount outstanding under the european commercial paper program and no amount outstanding under the u.s .\ncommercial paper program .\nadditionally , we have uncommitted credit lines of $ 660 million with major international banks and financial institutions to support our general global funding needs .\nmost of these lines are used to support global cash pooling structures .\napproximately $ 643 million of these credit lines were available for use as of year-end 2017 .\nbank supported letters of credit , surety bonds and guarantees total $ 198 million and represent commercial business transactions .\nwe do not have any other significant unconditional purchase obligations or commercial commitments .\nas of december 31 , 2017 , our short-term borrowing program was rated a-2 by standard & poor 2019s and p-2 by moody 2019s .\nas of december 31 , 2017 , standard & poor 2019s and moody 2019s rated our long-term credit at a- ( stable outlook ) and baa1 ( stable outlook ) , respectively .\na reduction in our credit ratings could limit or preclude our ability to issue commercial paper under our current programs , or could also adversely affect our ability to renew existing , or negotiate new , credit facilities in the future and could increase the cost of these facilities .\nshould this occur , we could seek additional sources of funding , including issuing additional term notes or bonds .\nin addition , we have the ability , at our option , to draw upon our $ 2.0 billion of committed credit facility .\nwe are in compliance with our debt covenants and other requirements of our credit agreements and indentures .\na schedule of our various obligations as of december 31 , 2017 are summarized in the following table: .\n\nTable Data:\n[['( millions )', 'total', 'payments due by period less than 1 year', 'payments due by period 2-3 years', 'payments due by period 4-5 years', 'payments due by period more than 5 years'], ['notes payable', '$ 15', '$ 15', '$ -', '$ -', '$ -'], ['one-time transition tax', '160', '13', '26', '26', '95'], ['long-term debt', '7303', '549', '696', '1513', '4545'], ['capital lease obligations', '5', '1', '1', '1', '2'], ['operating leases', '617', '131', '211', '160', '115'], ['interest*', '2753', '242', '436', '375', '1700'], ['total', '$ 10853', '$ 951', '$ 1370', '$ 2075', '$ 6457']]\n\nFollowing Text:\n* interest on variable rate debt was calculated using the interest rate at year-end 2017 .\nduring the fourth quarter of 2017 , we recorded a one-time transition tax related to enactment of the tax act .\nthe expense is primarily related to the one-time transition tax , which is payable over eight years .\nas discussed further in note 12 , this balance is a provisional amount and is subject to adjustment during the measurement period of up to one year following the enactment of the tax act , as provided by recent sec guidance .\nas of december 31 , 2017 , our gross liability for uncertain tax positions was $ 68 million .\nwe are not able to reasonably estimate the amount by which the liability will increase or decrease over an extended period of time or whether a cash settlement of the liability will be required .\ntherefore , these amounts have been excluded from the schedule of contractual obligations. .\n\nQuestion: what is the growth rate in the balance of cash and cash equivalents on hand from 2016 to 2017?",
        "solution": "-35.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2012/page_81.pdf\n\nID: LMT/2012/page_81.pdf-3\n\nPrevious Text:\nnote 8 2013 debt our long-term debt consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2012', '2011'], ['notes with rates from 2.13% ( 2.13 % ) to 6.15% ( 6.15 % ) due 2016 to 2042', '$ 5642', '$ 5308'], ['notes with rates from 7.00% ( 7.00 % ) to 7.75% ( 7.75 % ) due 2013 to 2036', '1080', '1239'], ['other debt', '478', '19'], ['total long-term debt', '7200', '6966'], ['less : unamortized discounts', '-892 ( 892 )', '-506 ( 506 )'], ['total long-term debt net of unamortized discounts', '6308', '6460'], ['less : current maturities of long-term debt', '-150 ( 150 )', '2014'], ['total long-term debt net', '$ 6158', '$ 6460']]\n\nFollowing Text:\nin december 2012 , we issued notes totaling $ 1.3 billion with a fixed interest rate of 4.07% ( 4.07 % ) maturing in december 2042 ( the new notes ) in exchange for outstanding notes totaling $ 1.2 billion with interest rates ranging from 5.50% ( 5.50 % ) to 8.50% ( 8.50 % ) maturing in 2023 to 2040 ( the old notes ) .\nin connection with the exchange , we paid a premium of $ 393 million , of which $ 225 million was paid in cash and $ 168 million was in the form of new notes .\nthis premium , in addition to $ 194 million in remaining unamortized discounts related to the old notes , will be amortized as additional interest expense over the term of the new notes using the effective interest method .\nwe may , at our option , redeem some or all of the new notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest .\ninterest on the new notes is payable on june 15 and december 15 of each year , beginning on june 15 , 2013 .\nthe new notes are unsecured senior obligations and rank equally in right of payment with all of our existing and future unsecured and unsubordinated indebtedness .\non september 9 , 2011 , we issued $ 2.0 billion of long-term notes in a registered public offering consisting of $ 500 million maturing in 2016 with a fixed interest rate of 2.13% ( 2.13 % ) , $ 900 million maturing in 2021 with a fixed interest rate of 3.35% ( 3.35 % ) , and $ 600 million maturing in 2041 with a fixed interest rate of 4.85% ( 4.85 % ) .\nwe may , at our option , redeem some or all of the notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest .\ninterest on the notes is payable on march 15 and september 15 of each year , beginning on march 15 , 2012 .\nin october 2011 , we used a portion of the proceeds to redeem all of our $ 500 million long-term notes maturing in 2013 .\nin 2011 , we repurchased $ 84 million of our long-term notes through open-market purchases .\nwe paid premiums of $ 48 million in connection with the early extinguishments of debt , which were recognized in other non-operating income ( expense ) , net .\nin august 2011 , we entered into a $ 1.5 billion revolving credit facility with a group of banks and terminated our existing $ 1.5 billion revolving credit facility that was to expire in june 2012 .\nthe credit facility expires august 2016 , and we may request and the banks may grant , at their discretion , an increase to the credit facility by an additional amount up to $ 500 million .\nthere were no borrowings outstanding under either facility through december 31 , 2012 .\nborrowings under the credit facility would be unsecured and bear interest at rates based , at our option , on a eurodollar rate or a base rate , as defined in the credit facility .\neach bank 2019s obligation to make loans under the credit facility is subject to , among other things , our compliance with various representations , warranties and covenants , including covenants limiting our ability and certain of our subsidiaries 2019 ability to encumber assets and a covenant not to exceed a maximum leverage ratio , as defined in the credit facility .\nthe leverage ratio covenant excludes the adjustments recognized in stockholders 2019 equity related to postretirement benefit plans .\nas of december 31 , 2012 , we were in compliance with all covenants contained in the credit facility , as well as in our debt agreements .\nwe have agreements in place with banking institutions to provide for the issuance of commercial paper .\nthere were no commercial paper borrowings outstanding during 2012 or 2011 .\nif we were to issue commercial paper , the borrowings would be supported by the credit facility .\nduring the next five years , we have scheduled long-term debt maturities of $ 150 million due in 2013 and $ 952 million due in 2016 .\ninterest payments were $ 378 million in 2012 , $ 326 million in 2011 , and $ 337 million in 2010. .\n\nQuestion: what is the percentage change in interest payments from 2010 to 2011?",
        "solution": "-3.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2007/page_35.pdf\n\nID: AMT/2007/page_35.pdf-1\n\nPrevious Text:\nissuer purchases of equity securities during the three months ended december 31 , 2007 , we repurchased 8895570 shares of our class a common stock for an aggregate of $ 385.1 million pursuant to the $ 1.5 billion stock repurchase program publicly announced in february 2007 , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) .\n\nTable Data:\n[['period', 'total number of shares purchased ( 1 )', 'average price paid per share', 'total number of shares purchased as part of publicly announced plans or programs', 'approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions )'], ['october 2007', '3493426', '$ 43.30', '3493426', '$ 449.9'], ['november 2007', '2891719', '$ 44.16', '2891719', '$ 322.2'], ['december 2007', '2510425', '$ 44.20', '2510425', '$ 216.2'], ['total fourth quarter', '8895570', '$ 43.27', '8895570', '$ 216.2']]\n\nFollowing Text:\n( 1 ) issuer repurchases pursuant to the $ 1.5 billion stock repurchase program publicly announced in february 2007 .\nunder this program , our management was authorized through february 2008 to purchase shares from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors .\nto facilitate repurchases , we typically made purchases pursuant to trading plans under rule 10b5-1 of the exchange act , which allow us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods .\nsubsequent to december 31 , 2007 , we repurchased 4.3 million shares of our class a common stock for an aggregate of $ 163.7 million pursuant to this program .\nin february 2008 , our board of directors approved a new stock repurchase program , pursuant to which we are authorized to purchase up to an additional $ 1.5 billion of our class a common stock .\npurchases under this stock repurchase program are subject to us having available cash to fund repurchases , as further described in item 1a of this annual report under the caption 201crisk factors 2014we anticipate that we may need additional financing to fund our stock repurchase programs , to refinance our existing indebtedness and to fund future growth and expansion initiatives 201d and item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources . 201d .\n\nQuestion: during the 4th quarter of 2007 and the first quarter of 2008 , what were cumulative stock purchases in million dollars?",
        "solution": "548.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2011/page_25.pdf\n\nID: UNP/2011/page_25.pdf-2\n\nPrevious Text:\nf0b7 positive train control 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 335 million during 2012 on developing and deploying ptc .\nwe currently estimate that ptc in accordance with implementing rules issued by the federal rail administration ( fra ) will cost us approximately $ 2 billion by the end of 2015 .\nthis includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .\nduring 2012 , we plan to continue testing the technology to evaluate its effectiveness .\nf0b7 financial expectations 2013 we are cautious about the economic environment but anticipate slow but steady volume growth that will exceed 2011 levels .\ncoupled with price , on-going network improvements and operational productivity initiatives , we expect earnings that exceed 2011 earnings .\nresults of operations operating revenues millions 2011 2010 2009 % (  % ) change 2011 v 2010 % (  % ) change 2010 v 2009 .\n\nTable Data:\n[['millions', '2011', '2010', '2009', '% (  % ) change 2011 v 2010', '% (  % ) change 2010 v 2009'], ['freight revenues', '$ 18508', '$ 16069', '$ 13373', '15% ( 15 % )', '20% ( 20 % )'], ['other revenues', '1049', '896', '770', '17', '16'], ['total', '$ 19557', '$ 16965', '$ 14143', '15% ( 15 % )', '20% ( 20 % )']]\n\nFollowing Text:\nwe generate freight revenues by transporting freight or other materials from our six commodity groups .\nfreight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .\nchanges in price , traffic mix and fuel surcharges drive arc .\nwe provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as reductions to freight revenues based on the actual or projected future shipments .\nwe recognize freight revenues as shipments move from origin to destination .\nwe allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .\nother revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .\nwe recognize other revenues as we perform services or meet contractual obligations .\nfreight revenues for all six commodity groups increased during 2011 compared to 2010 , while volume increased in all except intermodal .\nincreased demand in many market sectors , with particularly strong growth in chemical , industrial products , and automotive shipments for the year , generated the increases .\narc increased 12% ( 12 % ) , driven by higher fuel cost recoveries and core pricing gains .\nfuel cost recoveries include fuel surcharge revenue and the impact of resetting the base fuel price for certain traffic , which is described below in more detail .\nhigher fuel prices , volume growth , and new fuel surcharge provisions in renegotiated contracts all combined to increase revenues from fuel surcharges .\nfreight revenues and volume levels for all six commodity groups increased during 2010 as a result of economic improvement in many market sectors .\nwe experienced particularly strong volume growth in automotive , intermodal , and industrial products shipments .\ncore pricing gains and higher fuel surcharges also increased freight revenues and drove a 6% ( 6 % ) improvement in arc .\nour fuel surcharge programs ( excluding index-based contract escalators that contain some provision for fuel ) generated freight revenues of $ 2.2 billion , $ 1.2 billion , and $ 605 million in 2011 , 2010 , and 2009 , respectively .\nhigher fuel prices , volume growth , and new fuel surcharge provisions in contracts renegotiated during the year increased fuel surcharge amounts in 2011 and 2010 .\nfurthermore , for certain periods during 2009 , fuel prices dropped below the base at which our mileage-based fuel surcharge begins , which resulted in no fuel surcharge recovery for associated shipments during those periods .\nadditionally , fuel surcharge revenue is not entirely comparable to prior periods as we continue to convert portions of our non-regulated traffic to mileage-based fuel surcharge programs .\nin 2011 , other revenues increased from 2010 due primarily to higher revenues at our subsidiaries that broker intermodal and automotive services. .\n\nQuestion: fuel surcharge programs represented what share of revenue in 2010?",
        "solution": "7.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2015/page_314.pdf\n\nID: C/2015/page_314.pdf-4\n\nPrevious Text:\nperformance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 81805 common stockholders of record as of january 31 , 2016 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2015 .\nthe graph and table assume that $ 100 was invested on december 31 , 2010 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested .\ncomparison of five-year cumulative total return for the years ended date citi s&p 500 financials .\n\nTable Data:\n[['date', 'citi', 's&p 500', 's&p financials'], ['31-dec-2010', '100.00', '100.00', '100.00'], ['30-dec-2011', '55.67', '102.11', '82.94'], ['31-dec-2012', '83.81', '118.45', '106.84'], ['31-dec-2013', '110.49', '156.82', '144.90'], ['31-dec-2014', '114.83', '178.28', '166.93'], ['31-dec-2015', '110.14', '180.75', '164.39']]\n\nFollowing Text:\n.\n\nQuestion: what was the overall percentage growth of the cumulative total return for citi from 2010 to 2015",
        "solution": "10.14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VTR/2003/page_39.pdf\n\nID: VTR/2003/page_39.pdf-2\n\nPrevious Text:\nnote 6 2014mergers and acquisitions eldertrust merger on february 5 , 2004 , the company consummated a merger transaction in an all cash transaction valued at $ 184 million ( the 201celdertrust transaction 201d ) .\nthe eldertrust transaction adds nine assisted living facilities , one independent living facility , five skilled nursing facilities , two med- ical office buildings and a financial office building ( the 201celdertrust properties 201d ) to the company 2019s portfolio.the eldertrust properties are leased by the company to various operators under leases providing for aggregated , annual cash base rent of approxi- mately $ 16.2 million , subject to escalation as provided in the leases.the leases have remaining terms primarily ranging from four to 11 years.at the closing of the eldertrust transaction , the company also acquired all of the limited partnership units in eldertrust operating limited partnership ( 201cetop 201d ) directly from their owners at $ 12.50 per unit , excluding 31455 class c units in etop ( which will remain outstanding ) .\netop owns directly or indirectly all of the eldertrust properties .\nthe company funded the $ 101 million equity portion of the purchase price with cash on eldertrust 2019s balance sheet , a portion of the $ 85 million in proceeds from its december 2003 sale of ten facilities to kindred and draws on the company 2019s revolving credit facility ( the 201crevolving credit facility 201d ) under its second amended and restated security and guaranty agreement , dated as of april 17 , 2002 ( the 201c2002 credit agreement 201d ) .the company 2019s ownership of the eldertrust properties is subject to approximately $ 83 million of property level debt and other liabilities.at the close of the eldertrust transaction , eldertrust had approximately $ 33.5 million in unrestricted and restricted cash on hand .\nthe acquisition was accounted for under the purchase method .\nthe following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the date of acquisition .\nsuch estimates are subject to refinement as additional valuation information is received .\noperations from this merger will be reflected in the company 2019s consolidated financial state- ments for periods subsequent to the acquisition date of february 5 , 2004.the company is in the process of computing fair values , thus , the allocation of the purchase price is subject to refinement. .\n\nTable Data:\n[['', '( in millions )'], ['real estate investments', '$ 162'], ['cash and cash equivalents', '28'], ['other assets', '5'], ['total assets acquired', '$ 195'], ['notes payable and other debt', '83'], ['accounts payable and other accrued liabilities', '2'], ['total liabilities assumed', '85'], ['net assets acquired', '$ 110']]\n\nFollowing Text:\ntransaction with brookdale on january 29 , 2004 , the company entered into 14 definitive purchase agreements ( each , a 201cbrookdale purchase agreement 201d ) with certain affiliates of brookdale living communities , inc .\n( 201cbrookdale 201d ) to purchase ( each such purchase , a 201cbrookdale acquisition 201d ) a total of 14 independent living or assisted living facilities ( each , a 201cbrookdale facility 201d ) for an aggregate purchase price of $ 115 million.affiliates of brookdale have agreed to lease and operate the brookdale facilities pursuant to one or more triple-net leases.all of the brookdale leases , which have an initial term of 15 years , will be guaranteed by brookdale and provide for aggregated annual base rent of approximately $ 10 million , escalating each year by the greater of ( i ) 1.5% ( 1.5 % ) or ( ii ) 75% ( 75 % ) of the consumer price index .\nthe company expects to fund the brookdale acquisitions by assuming an aggregate of approximately $ 41 million of non- recourse property level debt on certain of the brookdale facilities , with the balance to be paid from cash on hand and/or draws on the revolving credit facility.the property level debt encumbers seven of the brookdale facilities .\non january 29 , 2004 , the company completed the acquisitions of four brookdale facilities for an aggregate purchase price of $ 37 million.the company 2019s acquisition of the remaining ten brookdale facilities is expected to be completed shortly , subject to customary closing conditions .\nhowever , the consummation of each such brookdale acquisition is not conditioned upon the consummation of any other such brookdale acquisition and there can be no assurance which , if any , of such remaining brookdale acquisitions will be consummated or when they will be consummated .\ntransactions with trans healthcare , inc .\non november 4 , 2002 , the company , through its wholly owned subsidiary ventas realty , completed a $ 120.0 million transaction ( the 201cthi transaction 201d ) with trans healthcare , inc. , a privately owned long-term care and hospital company ( 201cthi 201d ) .the thi transaction was structured as a $ 53.0 million sale leaseback trans- action ( the 201cthi sale leaseback 201d ) and a $ 67.0 million loan ( the 201cthi loan 201d ) , comprised of a first mortgage loan ( the 201cthi senior loan 201d ) and a mezzanine loan ( the 201cthi mezzanine loan 201d ) .\nfollowing a sale of the thi senior loan in december 2002 ( see below ) , the company 2019s investment in thi was $ 70.0 million .\nas part of the thi sale leasebackventas realty purchased 5 properties and is leasing them back to thi under a 201ctriple-net 201d master lease ( the 201cthi master lease 201d ) .the properties subject to the sale leaseback are four skilled nursing facilities and one con- tinuing care retirement community.the thi master lease , which has an initial term of ten years , provides for annual base rent of $ 5.9 million.the thi master lease provides that if thi meets specified revenue parameters , annual base rent will escalate each year by the greater of ( i ) three percent or ( ii ) 50% ( 50 % ) of the consumer price index .\nventas , inc .\npage 37 annual report 2003 .\n\nQuestion: what percentage of total assets acquired were real estate investments?",
        "solution": "83.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2018/page_88.pdf\n\nID: ADBE/2018/page_88.pdf-1\n\nPrevious Text:\ntable of contents adobe inc .\nnotes to consolidated financial statements ( continued ) stock options the 2003 plan allows us to grant options to all employees , including executive officers , outside consultants and non- employee directors .\nthis plan will continue until the earlier of ( i ) termination by the board or ( ii ) the date on which all of the shares available for issuance under the plan have been issued and restrictions on issued shares have lapsed .\noption vesting periods used in the past were generally four years and expire seven years from the effective date of grant .\nwe eliminated the use of stock option grants for all employees and non-employee directors but may choose to issue stock options in the future .\nperformance share programs our 2018 , 2017 and 2016 performance share programs aim to help focus key employees on building stockholder value , provide significant award potential for achieving outstanding company performance and enhance the ability of the company to attract and retain highly talented and competent individuals .\nthe executive compensation committee of our board of directors approves the terms of each of our performance share programs , including the award calculation methodology , under the terms of our 2003 plan .\nshares may be earned based on the achievement of an objective relative total stockholder return measured over a three-year performance period .\nperformance share awards will be awarded and fully vest upon the later of the executive compensation committee's certification of the level of achievement or the three-year anniversary of each grant .\nprogram participants generally have the ability to receive up to 200% ( 200 % ) of the target number of shares originally granted .\non january 24 , 2018 , the executive compensation committee approved the 2018 performance share program , the terms of which are similar to prior year performance share programs as discussed above .\nas of november 30 , 2018 , the shares awarded under our 2018 , 2017 and 2016 performance share programs are yet to be achieved .\nissuance of shares upon exercise of stock options , vesting of restricted stock units and performance shares , and purchases of shares under the espp , we will issue treasury stock .\nif treasury stock is not available , common stock will be issued .\nin order to minimize the impact of on-going dilution from exercises of stock options and vesting of restricted stock units and performance shares , we instituted a stock repurchase program .\nsee note 12 for information regarding our stock repurchase programs .\nvaluation of stock-based compensation stock-based compensation cost is measured at the grant date based on the fair value of the award .\nour performance share awards are valued using a monte carlo simulation model .\nthe fair value of the awards are fixed at grant date and amortized over the longer of the remaining performance or service period .\nwe use the black-scholes option pricing model to determine the fair value of espp shares .\nthe determination of the fair value of stock-based payment awards on the date of grant using an option pricing model is affected by our stock price as well as assumptions regarding a number of complex and subjective variables .\nthese variables include our expected stock price volatility over the expected term of the awards , actual and projected employee stock option exercise behaviors , a risk-free interest rate and any expected dividends .\nthe expected term of espp shares is the average of the remaining purchase periods under each offering period .\nthe assumptions used to value employee stock purchase rights were as follows: .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['expected life ( in years )', '0.5 - 2.0', '0.5 - 2.0', '0.5 - 2.0'], ['volatility', '26% ( 26 % ) - 29% ( 29 % )', '22% ( 22 % ) - 27% ( 27 % )', '26 - 29% ( 29 % )'], ['risk free interest rate', '1.54% ( 1.54 % ) - 2.52% ( 2.52 % )', '0.62% ( 0.62 % ) - 1.41% ( 1.41 % )', '0.37 - 1.06% ( 1.06 % )']]\n\nFollowing Text:\n.\n\nQuestion: what is the average volatility used to value employee stock purchase rights in 2018?",
        "solution": "27.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2018/page_86.pdf\n\nID: WRK/2018/page_86.pdf-3\n\nPrevious Text:\nwestrock company notes to consolidated financial statements fffd ( continued ) the following table summarizes the weighted average life and the allocation to intangible assets recognized in the mps acquisition , excluding goodwill ( in millions ) : weighted avg .\namounts recognized as the acquisition .\n\nTable Data:\n[['', 'weighted avg.life', 'amountsrecognized as ofthe acquisitiondate'], ['customer relationships', '14.6', '$ 1008.7'], ['trademarks and tradenames', '3.0', '15.2'], ['photo library', '10.0', '2.5'], ['total', '14.4', '$ 1026.4']]\n\nFollowing Text:\nnone of the intangibles has significant residual value .\nwe are amortizing the customer relationship intangibles over estimated useful lives ranging from 13 to 16 years based on a straight-line basis because the amortization pattern was not reliably determinable .\nstar pizza acquisition on march 13 , 2017 , we completed the star pizza acquisition .\nthe transaction provided us with a leadership position in the fast growing small-run pizza box market and increases our vertical integration .\nthe purchase price was $ 34.6 million , net of a $ 0.7 million working capital settlement .\nwe have fully integrated the approximately 22000 tons of containerboard used by star pizza annually .\nwe have included the financial results of the acquired assets since the date of the acquisition in our corrugated packaging segment .\nthe purchase price allocation for the acquisition primarily included $ 24.8 million of customer relationship intangible assets and $ 2.2 million of goodwill .\nwe are amortizing the customer relationship intangibles over 10 years based on a straight-line basis because the amortization pattern was not reliably determinable .\nthe fair value assigned to goodwill is primarily attributable to buyer-specific synergies expected to arise after the acquisition ( e.g. , enhanced reach of the combined organization and other synergies ) , and the assembled work force .\nthe goodwill and intangibles are amortizable for income tax purposes .\npackaging acquisition on january 19 , 2016 , we completed the packaging acquisition .\nthe entities acquired provide value-added folding carton and litho-laminated display packaging solutions .\nthe purchase price was $ 94.1 million , net of cash received of $ 1.7 million , a working capital settlement and a $ 3.5 million escrow receipt in the first quarter of fiscal 2017 .\nthe transaction is subject to an election under section 338 ( h ) ( 10 ) of the code that increases the u.s .\ntax basis in the acquired u.s .\nentities .\nwe believe the transaction has provided us with attractive and complementary customers , markets and facilities .\nwe have included the financial results of the acquired entities since the date of the acquisition in our consumer packaging segment .\nthe purchase price allocation for the acquisition primarily included $ 55.0 million of property , plant and equipment , $ 10.5 million of customer relationship intangible assets , $ 9.3 million of goodwill and $ 25.8 million of liabilities , including $ 1.3 million of debt .\nwe are amortizing the customer relationship intangibles over estimated useful lives ranging from 9 to 15 years based on a straight-line basis because the amortization pattern was not reliably determinable .\nthe fair value assigned to goodwill is primarily attributable to buyer-specific synergies expected to arise after the acquisition ( e.g. , enhanced reach of the combined organization and other synergies ) , and the assembled work force .\nthe goodwill and intangibles of the u.s .\nentities are amortizable for income tax purposes .\nsp fiber on october 1 , 2015 , we completed the sp fiber acquisition in a stock purchase .\nthe transaction included the acquisition of mills located in dublin , ga and newberg , or , which produce lightweight recycled containerboard and kraft and bag paper .\nthe newberg mill also produced newsprint .\nas part of the transaction , we also acquired sp fiber's 48% ( 48 % ) interest in gps .\ngps is a joint venture providing steam to the dublin mill and electricity to georgia power .\nthe purchase price was $ 278.8 million , net of cash received of $ 9.2 million and a working capital .\n\nQuestion: how much of the cost of the acquisition was not goodwill and intangible assets?",
        "solution": "$ 7.6 million"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2019/page_71.pdf\n\nID: ADI/2019/page_71.pdf-1\n\nPrevious Text:\nexpected durations of less than one year .\nthe company generally offers a twelve-month warranty for its products .\nthe company 2019s warranty policy provides for replacement of defective products .\nspecific accruals are recorded forff known product warranty issues .\ntransaction price : the transaction price reflects the company 2019s expectations about the consideration it will be entitled to receive from the customer and may include fixed or variable amounts .\nfixed consideration primarily includes sales to direct customers and sales to distributors in which both the sale to the distributor and the sale to the end customer occur within the same reporting period .\nvariable consideration includes sales in which the amount of consideration that the company will receive is unknown as of the end of a reporting period .\nsuch consideration primarily includes credits issued to the distributor due to price protection and sales made to distributors under agreements that allow certain rights of return , referred to as stock rotation .\nprice protection represents price discounts granted to certain distributors to allow the distributor to earn an appropriate margin on sales negotiated with certain customers and in the event of a price decrease subsequent to the date the product was shipped and billed to the distributor .\nstock rotation allows distributors limited levels of returns in order to reduce the amounts of slow-moving , discontinued or obsolete product from their inventory .\na liability for distributor credits covering variable consideration is made based on the company's estimate of historical experience rates as well as considering economic conditions and contractual terms .\nto date , actual distributor claims activity has been materially consistent with the provisions the company has made based on its historical estimates .\nfor the years ended november 2 , 2019 and november 3 , 2018 , sales to distributors were $ 3.4 billion in both periods , net of variable consideration for which the liability balances as of november 2 , 2019 and november 3 , 2018 were $ 227.0 million and $ 144.9 million , respectively .\ncontract balances : accounts receivable represents the company 2019s unconditional right to receive consideration from its customers .\npayments are typically due within 30 to 45 days of invoicing and do not include a significant financing component .\nto date , there have been no material impairment losses on accounts receivable .\nthere were no material contract assets or contract liabilities recorded on the consolidated balance sheets in any of the periods presented .\nthe company generally warrants that products will meet their published specifications and that the company will repair or replace defective products for twelve-months from the date title passes to the customer .\nspecific accruals are recorded for known product warranty issues .\nproduct warranty expenses during fiscal 2019 , fiscal 2018 and fiscal 2017 were not material .\no .\naccumulated other compcc rehensive ( loss ) income accumulated other comprehensive ( loss ) income ( aoci ) includes certain transactions that have generally been reported in the consolidated statement of shareholders 2019 equity .\nthe components of aoci at november 2 , 2019 and november 3 , 2018 consisted of the following , net of tax : foreign currency translation adjustment unrealized holding gains ( losses ) on available for sale securities unrealized holding ( losses ) on derivatives pension plans total .\n\nTable Data:\n[['', 'foreign currency translation adjustment', 'unrealized holding gains ( losses ) on available for sale securities', 'unrealized holding gains ( losses ) on derivatives', 'pension plans', 'total'], ['november 3 2018', '$ -28711 ( 28711 )', '$ -10 ( 10 )', '$ -14355 ( 14355 )', '$ -15364 ( 15364 )', '$ -58440 ( 58440 )'], ['other comprehensive ( loss ) income before reclassifications', '-1365 ( 1365 )', '10', '-140728 ( 140728 )', '-31082 ( 31082 )', '-173165 ( 173165 )'], ['amounts reclassified out of other comprehensive loss', '2014', '2014', '9185', '1004', '10189'], ['tax effects', '2014', '2014', '27883', '5734', '33617'], ['other comprehensive ( loss ) income', '-1365 ( 1365 )', '10', '-103660 ( 103660 )', '-24344 ( 24344 )', '-129359 ( 129359 )'], ['november 2 2019', '$ -30076 ( 30076 )', '$ 2014', '$ -118015 ( 118015 )', '$ -39708 ( 39708 )', '$ -187799 ( 187799 )']]\n\nFollowing Text:\nnovember 2 , 2019 $ ( 30076 ) $ 2014 $ ( 118015 ) $ ( 39708 ) $ ( 187799 ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) analog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the percentage change in the liability balance from 2018 to 2019?",
        "solution": "56.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2012/page_81.pdf\n\nID: LMT/2012/page_81.pdf-1\n\nPrevious Text:\nnote 8 2013 debt our long-term debt consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2012', '2011'], ['notes with rates from 2.13% ( 2.13 % ) to 6.15% ( 6.15 % ) due 2016 to 2042', '$ 5642', '$ 5308'], ['notes with rates from 7.00% ( 7.00 % ) to 7.75% ( 7.75 % ) due 2013 to 2036', '1080', '1239'], ['other debt', '478', '19'], ['total long-term debt', '7200', '6966'], ['less : unamortized discounts', '-892 ( 892 )', '-506 ( 506 )'], ['total long-term debt net of unamortized discounts', '6308', '6460'], ['less : current maturities of long-term debt', '-150 ( 150 )', '2014'], ['total long-term debt net', '$ 6158', '$ 6460']]\n\nFollowing Text:\nin december 2012 , we issued notes totaling $ 1.3 billion with a fixed interest rate of 4.07% ( 4.07 % ) maturing in december 2042 ( the new notes ) in exchange for outstanding notes totaling $ 1.2 billion with interest rates ranging from 5.50% ( 5.50 % ) to 8.50% ( 8.50 % ) maturing in 2023 to 2040 ( the old notes ) .\nin connection with the exchange , we paid a premium of $ 393 million , of which $ 225 million was paid in cash and $ 168 million was in the form of new notes .\nthis premium , in addition to $ 194 million in remaining unamortized discounts related to the old notes , will be amortized as additional interest expense over the term of the new notes using the effective interest method .\nwe may , at our option , redeem some or all of the new notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest .\ninterest on the new notes is payable on june 15 and december 15 of each year , beginning on june 15 , 2013 .\nthe new notes are unsecured senior obligations and rank equally in right of payment with all of our existing and future unsecured and unsubordinated indebtedness .\non september 9 , 2011 , we issued $ 2.0 billion of long-term notes in a registered public offering consisting of $ 500 million maturing in 2016 with a fixed interest rate of 2.13% ( 2.13 % ) , $ 900 million maturing in 2021 with a fixed interest rate of 3.35% ( 3.35 % ) , and $ 600 million maturing in 2041 with a fixed interest rate of 4.85% ( 4.85 % ) .\nwe may , at our option , redeem some or all of the notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest .\ninterest on the notes is payable on march 15 and september 15 of each year , beginning on march 15 , 2012 .\nin october 2011 , we used a portion of the proceeds to redeem all of our $ 500 million long-term notes maturing in 2013 .\nin 2011 , we repurchased $ 84 million of our long-term notes through open-market purchases .\nwe paid premiums of $ 48 million in connection with the early extinguishments of debt , which were recognized in other non-operating income ( expense ) , net .\nin august 2011 , we entered into a $ 1.5 billion revolving credit facility with a group of banks and terminated our existing $ 1.5 billion revolving credit facility that was to expire in june 2012 .\nthe credit facility expires august 2016 , and we may request and the banks may grant , at their discretion , an increase to the credit facility by an additional amount up to $ 500 million .\nthere were no borrowings outstanding under either facility through december 31 , 2012 .\nborrowings under the credit facility would be unsecured and bear interest at rates based , at our option , on a eurodollar rate or a base rate , as defined in the credit facility .\neach bank 2019s obligation to make loans under the credit facility is subject to , among other things , our compliance with various representations , warranties and covenants , including covenants limiting our ability and certain of our subsidiaries 2019 ability to encumber assets and a covenant not to exceed a maximum leverage ratio , as defined in the credit facility .\nthe leverage ratio covenant excludes the adjustments recognized in stockholders 2019 equity related to postretirement benefit plans .\nas of december 31 , 2012 , we were in compliance with all covenants contained in the credit facility , as well as in our debt agreements .\nwe have agreements in place with banking institutions to provide for the issuance of commercial paper .\nthere were no commercial paper borrowings outstanding during 2012 or 2011 .\nif we were to issue commercial paper , the borrowings would be supported by the credit facility .\nduring the next five years , we have scheduled long-term debt maturities of $ 150 million due in 2013 and $ 952 million due in 2016 .\ninterest payments were $ 378 million in 2012 , $ 326 million in 2011 , and $ 337 million in 2010. .\n\nQuestion: what is the percentage change in interest payments from 2011 to 2012?",
        "solution": "16.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2018/page_13.pdf\n\nID: AAL/2018/page_13.pdf-1\n\nPrevious Text:\nthe following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2018 , 2017 and 2016 ( gallons and aircraft fuel expense in millions ) .\nyear gallons average price per gallon aircraft fuel expense percent of total operating expenses .\n\nTable Data:\n[['year', 'gallons', 'average priceper gallon', 'aircraft fuelexpense', 'percent of totaloperating expenses'], ['2018', '4447', '$ 2.23', '$ 9896', '23.6% ( 23.6 % )'], ['2017', '4352', '1.73', '7510', '19.6% ( 19.6 % )'], ['2016', '4347', '1.42', '6180', '17.6% ( 17.6 % )']]\n\nFollowing Text:\nas of december 31 , 2018 , we did not have any fuel hedging contracts outstanding to hedge our fuel consumption .\nas such , and assuming we do not enter into any future transactions to hedge our fuel consumption , we will continue to be fully exposed to fluctuations in fuel prices .\nour current policy is not to enter into transactions to hedge our fuel consumption , although we review that policy from time to time based on market conditions and other factors .\nfuel prices have fluctuated substantially over the past several years .\nwe cannot predict the future availability , price volatility or cost of aircraft fuel .\nnatural disasters ( including hurricanes or similar events in the u.s .\nsoutheast and on the gulf coast where a significant portion of domestic refining capacity is located ) , political disruptions or wars involving oil-producing countries , economic sanctions imposed against oil-producing countries or specific industry participants , changes in fuel-related governmental policy , the strength of the u.s .\ndollar against foreign currencies , changes in the cost to transport or store petroleum products , changes in access to petroleum product pipelines and terminals , speculation in the energy futures markets , changes in aircraft fuel production capacity , environmental concerns and other unpredictable events may result in fuel supply shortages , distribution challenges , additional fuel price volatility and cost increases in the future .\nsee part i , item 1a .\nrisk factors 2013 201cour business is very dependent on the price and availability of aircraft fuel .\ncontinued periods of high volatility in fuel costs , increased fuel prices or significant disruptions in the supply of aircraft fuel could have a significant negative impact on our operating results and liquidity . 201d seasonality and other factors due to the greater demand for air travel during the summer months , revenues in the airline industry in the second and third quarters of the year tend to be greater than revenues in the first and fourth quarters of the year .\ngeneral economic conditions , fears of terrorism or war , fare initiatives , fluctuations in fuel prices , labor actions , weather , natural disasters , outbreaks of disease and other factors could impact this seasonal pattern .\ntherefore , our quarterly results of operations are not necessarily indicative of operating results for the entire year , and historical operating results in a quarterly or annual period are not necessarily indicative of future operating results .\ndomestic and global regulatory landscape general airlines are subject to extensive domestic and international regulatory requirements .\ndomestically , the dot and the federal aviation administration ( faa ) exercise significant regulatory authority over air carriers .\nthe dot , among other things , oversees domestic and international codeshare agreements , international route authorities , competition and consumer protection matters such as advertising , denied boarding compensation and baggage liability .\nthe antitrust division of the department of justice ( doj ) , along with the dot in certain instances , have jurisdiction over airline antitrust matters. .\n\nQuestion: what were total operating expenses in 2018?",
        "solution": "41932"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KHC/2016/page_94.pdf\n\nID: KHC/2016/page_94.pdf-2\n\nPrevious Text:\nshares of common stock issued , in treasury , and outstanding were ( in thousands of shares ) : .\n\nTable Data:\n[['', 'shares issued', 'treasury shares', 'shares outstanding'], ['balance at december 29 2013', '376832', '2014', '376832'], ['exercise of stock options issuance of other stock awards and other', '178', '2014', '178'], ['balance at december 28 2014', '377010', '2014', '377010'], ['exercise of warrants', '20480', '2014', '20480'], ['issuance of common stock to sponsors', '221666', '2014', '221666'], ['acquisition of kraft foods group inc .', '592898', '2014', '592898'], ['exercise of stock options issuance of other stock awards and other', '2338', '-413 ( 413 )', '1925'], ['balance at january 3 2016', '1214392', '-413 ( 413 )', '1213979'], ['exercise of stock options issuance of other stock awards and other', '4555', '-2058 ( 2058 )', '2497'], ['balance at december 31 2016', '1218947', '-2471 ( 2471 )', '1216476']]\n\nFollowing Text:\nnote 13 .\nfinancing arrangements we routinely enter into accounts receivable securitization and factoring programs .\nwe account for transfers of receivables pursuant to these programs as a sale and remove them from our consolidated balance sheet .\nat december 31 , 2016 , our most significant program in place was the u.s .\nsecuritization program , which was amended in may 2016 and originally entered into in october of 2015 .\nunder the program , we are entitled to receive cash consideration of up to $ 800 million ( which we elected to reduce to $ 500 million , effective february 21 , 2017 ) and a receivable for the remainder of the purchase price ( the 201cdeferred purchase price 201d ) .\nthis securitization program utilizes a bankruptcy- remote special-purpose entity ( 201cspe 201d ) .\nthe spe is wholly-owned by a subsidiary of kraft heinz and its sole business consists of the purchase or acceptance , through capital contributions of receivables and related assets , from a kraft heinz subsidiary and subsequent transfer of such receivables and related assets to a bank .\nalthough the spe is included in our consolidated financial statements , it is a separate legal entity with separate creditors who will be entitled , upon its liquidation , to be satisfied out of the spe's assets prior to any assets or value in the spe becoming available to kraft heinz or its subsidiaries .\nthe assets of the spe are not available to pay creditors of kraft heinz or its subsidiaries .\nthis program expires in may 2017 .\nin addition to the u.s .\nsecuritization program , we have accounts receivable factoring programs denominated in australian dollars , new zealand dollars , british pound sterling , euros , and japanese yen .\nunder these programs , we generally receive cash consideration up to a certain limit and a receivable for the deferred purchase price .\nthere is no deferred purchase price associated with the japanese yen contract .\nrelated to these programs , our aggregate cash consideration limit , after applying applicable hold-backs , was $ 245 million u.s .\ndollars at december 31 , 2016 .\ngenerally , each of these programs automatically renews annually until terminated by either party .\nthe cash consideration and carrying amount of receivables removed from the consolidated balance sheets in connection with the above programs were $ 904 million at december 31 , 2016 and $ 267 million at january 3 , 2016 .\nthe fair value of the deferred purchase price for the programs was $ 129 million at december 31 , 2016 and $ 583 million at january 3 , 2016 .\nthe deferred purchase price is included in sold receivables on the consolidated balance sheets and had a carrying value which approximated its fair value at december 31 , 2016 and january 3 , 2016 .\nthe proceeds from these sales are recognized on the consolidated statements of cash flows as a component of operating activities .\nwe act as servicer for these arrangements and have not recorded any servicing assets or liabilities for these arrangements as of december 31 , 2016 and january 3 , 2016 because they were not material to the financial statements. .\n\nQuestion: how many total shares were issued from 2014 to 2016?",
        "solution": "842115"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2015/page_62.pdf\n\nID: PKG/2015/page_62.pdf-3\n\nPrevious Text:\ncash payments for federal , state , and foreign income taxes were $ 238.3 million , $ 189.5 million , and $ 90.7 million for the years ended december 31 , 2015 , 2014 , and 2013 , respectively .\nthe following table summarizes the changes related to pca 2019s gross unrecognized tax benefits excluding interest and penalties ( dollars in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['balance as of january 1', '$ -4.4 ( 4.4 )', '$ -5.4 ( 5.4 )', '$ -111.3 ( 111.3 )'], ['increase related to acquisition of boise inc . ( a )', '2014', '2014', '-65.2 ( 65.2 )'], ['increases related to prior years 2019 tax positions', '-2.8 ( 2.8 )', '-1.0 ( 1.0 )', '-0.1 ( 0.1 )'], ['increases related to current year tax positions', '-0.4 ( 0.4 )', '-0.3 ( 0.3 )', '-1.5 ( 1.5 )'], [\"decreases related to prior years' tax positions ( b )\", '2014', '0.9', '64.8'], ['settlements with taxing authorities ( c )', '0.7', '0.5', '106.2'], ['expiration of the statute of limitations', '1.1', '0.9', '1.7'], ['balance at december 31', '$ -5.8 ( 5.8 )', '$ -4.4 ( 4.4 )', '$ -5.4 ( 5.4 )']]\n\nFollowing Text:\n( a ) in 2013 , pca acquired $ 65.2 million of gross unrecognized tax benefits from boise inc .\nthat related primarily to the taxability of the alternative energy tax credits .\n( b ) the 2013 amount includes a $ 64.3 million gross decrease related to the taxability of the alternative energy tax credits claimed in 2009 excise tax returns by boise inc .\nfor further discussion regarding these credits , see note 7 , alternative energy tax credits .\n( c ) the 2013 amount includes a $ 104.7 million gross decrease related to the conclusion of the internal revenue service audit of pca 2019s alternative energy tax credits .\nfor further discussion regarding these credits , see note 7 , alternative energy tax credits .\nat december 31 , 2015 , pca had recorded a $ 5.8 million gross reserve for unrecognized tax benefits , excluding interest and penalties .\nof the total , $ 4.2 million ( net of the federal benefit for state taxes ) would impact the effective tax rate if recognized .\npca recognizes interest accrued related to unrecognized tax benefits and penalties as income tax expense .\nat december 31 , 2015 and 2014 , we had an insignificant amount of interest and penalties recorded for unrecognized tax benefits included in the table above .\npca does not expect the unrecognized tax benefits to change significantly over the next 12 months .\npca is subject to taxation in the united states and various state and foreign jurisdictions .\na federal examination of the tax years 2010 2014 2012 was concluded in february 2015 .\na federal examination of the 2013 tax year began in october 2015 .\nthe tax years 2014 2014 2015 remain open to federal examination .\nthe tax years 2011 2014 2015 remain open to state examinations .\nsome foreign tax jurisdictions are open to examination for the 2008 tax year forward .\nthrough the boise acquisition , pca recorded net operating losses and credit carryforwards from 2008 through 2011 and 2013 that are subject to examinations and adjustments for at least three years following the year in which utilized .\n7 .\nalternative energy tax credits the company generates black liquor as a by-product of its pulp manufacturing process , which entitled it to certain federal income tax credits .\nwhen black liquor is mixed with diesel , it is considered an alternative fuel that was eligible for a $ 0.50 per gallon refundable alternative energy tax credit for gallons produced before december 31 , 2009 .\nblack liquor was also eligible for a $ 1.01 per gallon taxable cellulosic biofuel producer credit for gallons of black liquor produced and used in 2009 .\nin 2013 , we reversed $ 166.0 million of a reserve for unrecognized tax benefits for alternative energy tax credits as a benefit to income taxes .\napproximately $ 103.9 million ( $ 102.0 million of tax , net of the federal benefit for state taxes , plus $ 1.9 million of accrued interest ) of the reversal is due to the completion of the irs .\n\nQuestion: what was the difference in millions of cash payments for federal , state , and foreign income taxes between 2013 and 2014?",
        "solution": "98.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2015/page_127.pdf\n\nID: AWK/2015/page_127.pdf-2\n\nPrevious Text:\nthe following tables present a reconciliation of the beginning and ending balances of the fair value measurements using significant unobservable inputs ( level 3 ) for 2015 and 2014 , respectively: .\n\nTable Data:\n[['', 'level 3'], ['balance as of january 1 2015', '$ 127'], ['actual return on assets', '12'], ['purchases issuances and settlements net', '-3 ( 3 )'], ['balance as of december 31 2015', '$ 136']]\n\nFollowing Text:\npurchases , issuances and settlements , net .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n76 balance as of december 31 , 2014 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 127 the company 2019s other postretirement benefit plans are partially funded and the assets are held under various trusts .\nthe investments and risk mitigation strategies for the plans are tailored specifically for each trust .\nin setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and the risk tolerance of the company .\nthe company periodically updates the long-term , strategic asset allocations and uses various analytics to determine the optimal asset allocation .\nconsiderations include plan liability characteristics , liquidity characteristics , funding requirements , expected rates of return and the distribution of returns .\nin june 2012 , the company implemented a de-risking strategy for the medical bargaining trust within the plan to minimize volatility .\nas part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of assets relative to liabilities .\nthe initial de-risking asset allocation for the plan was 60% ( 60 % ) return-generating assets and 40% ( 40 % ) liability-driven assets .\nthe investment strategies and policies for the plan reflect a balance of liability driven and return-generating considerations .\nthe objective of minimizing the volatility of assets relative to liabilities is addressed primarily through asset 2014liability matching , asset diversification and hedging .\nthe fixed income target asset allocation matches the bond-like and long-dated nature of the postretirement liabilities .\nassets are broadly diversified within asset classes to achieve risk-adjusted returns that in total lower asset volatility relative to the liabilities .\nthe company assesses the investment strategy regularly to ensure actual allocations are in line with target allocations as appropriate .\nstrategies to address the goal of ensuring sufficient assets to pay benefits include target allocations to a broad array of asset classes and , within asset classes strategies are employed to provide adequate returns , diversification and liquidity .\nthe assets of the company 2019s other trusts , within the other postretirement benefit plans , have been primarily invested in equities and fixed income funds .\nthe assets under the various other postretirement benefit trusts are invested differently based on the assets and liabilities of each trust .\nthe obligations of the other postretirement benefit plans are dominated by obligations for the medical bargaining trust .\nthirty-nine percent and four percent of the total postretirement plan benefit obligations are related to the medical non-bargaining and life insurance trusts , respectively .\nbecause expected benefit payments related to the benefit obligations are so far into the future , and the size of the medical non-bargaining and life insurance trusts 2019 obligations are large compared to each trusts 2019 assets , the investment strategy is to allocate a significant portion of the assets 2019 investment to equities , which the company believes will provide the highest long-term return and improve the funding ratio .\nthe company engages third party investment managers for all invested assets .\nmanagers are not permitted to invest outside of the asset class ( e.g .\nfixed income , equity , alternatives ) or strategy for which they have been appointed .\ninvestment management agreements and recurring performance and attribution analysis are used as tools to ensure investment managers invest solely within the investment strategy they have been provided .\nfutures and options may be used to adjust portfolio duration to align with a plan 2019s targeted investment policy. .\n\nQuestion: what was the actual return on assets as a percentage of the 2015 ending balance?",
        "solution": "8.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETFC/2013/page_155.pdf\n\nID: ETFC/2013/page_155.pdf-1\n\nPrevious Text:\nnote 9 2014goodwill and other intangibles , net goodwill the following table outlines the activity in the carrying value of the company 2019s goodwill , which is all assigned to the company 2019s trading and investing segment ( dollars in thousands ) : .\n\nTable Data:\n[['', 'trading & investing'], ['balance at december 31 2011', '$ 1934232'], ['activity', '2014'], ['balance at december 31 2012', '1934232'], ['impairment of goodwill', '-142423 ( 142423 )'], ['balance at december 31 2013', '$ 1791809']]\n\nFollowing Text:\ngoodwill is evaluated for impairment on an annual basis and when events or changes indicate the carrying value of an asset exceeds its fair value and the loss may not be recoverable .\nat december 31 , 2013 and 2012 , the company 2019s trading and investing segment had two reporting units ; market making and retail brokerage .\nat the end of june 2013 , the company decided to exit its market making business .\nbased on this decision in the second quarter of 2013 , the company conducted an interim goodwill impairment test for the market making reporting unit , using the expected sale structure of the market making business .\nthis structure assumed a shorter period of cash flows related to an order flow arrangement , compared to prior estimates of fair value .\nbased on the results of the first step of the goodwill impairment test , the company determined that the carrying value of the market making reporting unit , including goodwill , exceeded the fair value for that reporting unit as of june 30 , 2013 .\nthe company proceeded to the second step of the goodwill impairment test to measure the amount of goodwill impairment .\nas a result of the evaluation , it was determined that the entire carrying amount of goodwill allocated to the market making reporting unit was impaired , and the company recognized a $ 142.4 million impairment of goodwill during the second quarter of 2013 .\nfor the year ended december 31 , 2013 , the company performed its annual goodwill assessment for the retail brokerage reporting unit , electing to qualitatively assess whether it was more likely than not that the fair value was less than the carrying value .\nas a result of this assessment , the company determined that the first step of the goodwill impairment test was not necessary , and concluded that goodwill was not impaired at december 31 , 2013 .\nat december 31 , 2013 , goodwill is net of accumulated impairment losses of $ 142.4 million related to the trading and investing segment and $ 101.2 million in the balance sheet management segment .\nat december 31 , 2012 , goodwill is net of accumulated impairment losses of $ 101.2 million in the balance sheet management segment. .\n\nQuestion: what was the percent of the impairment of goodwill to the total goodwill balance at december 31 2013 \\\\n",
        "solution": "7.95%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2012/page_47.pdf\n\nID: HII/2012/page_47.pdf-2\n\nPrevious Text:\nitem 6 .\nselected financial data the following table represents our selected financial data .\nthe table should be read in conjunction with item 7 and item 8 of this report .\nthe table below reflects immaterial error corrections discussed in note 2 : summary of significant accounting policies in item 8. .\n\nTable Data:\n[['( $ in millions except per share amounts )', 'year ended december 31 2012', 'year ended december 31 2011', 'year ended december 31 2010', 'year ended december 31 2009', 'year ended december 31 2008'], ['sales and service revenues', '$ 6708', '$ 6575', '$ 6723', '$ 6292', '$ 6189'], ['goodwill impairment', '2014', '290', '2014', '2014', '2465'], ['operating income ( loss )', '358', '100', '241', '203', '-2332 ( 2332 )'], ['net earnings ( loss )', '146', '-100 ( 100 )', '131', '119', '-2397 ( 2397 )'], ['total assets', '6392', '6069', '5270', '5097', '4821'], ['long-term debt ( 1 )', '1779', '1830', '105', '283', '283'], ['total long-term obligations', '4341', '3838', '1637', '1708', '1823'], ['free cash flow ( 2 )', '170', '331', '168', '-269 ( 269 )', '121'], ['dividends declared per share', '$ 0.10', '$ 2014', '$ 2014', '$ 2014', '$ 2014'], ['basic earnings ( loss ) per share ( 3 )', '$ 2.96', '$ -2.05 ( 2.05 )', '$ 2.68', '$ 2.44', '$ -49.14 ( 49.14 )'], ['diluted earnings ( loss ) per share ( 3 )', '$ 2.91', '$ -2.05 ( 2.05 )', '$ 2.68', '$ 2.44', '$ -49.14 ( 49.14 )']]\n\nFollowing Text:\nbasic earnings ( loss ) per share ( 3 ) $ 2.96 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) diluted earnings ( loss ) per share ( 3 ) $ 2.91 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) ( 1 ) long-term debt does not include amounts payable to our former parent as of and before december 31 , 2010 , as these amounts were due upon demand and included in current liabilities .\n( 2 ) free cash flow is a non-gaap financial measure and represents cash from operating activities less capital expenditures .\nsee liquidity and capital resources in item 7 for more information on this measure .\n( 3 ) on march 30 , 2011 , the record date of the stock distribution associated with the spin-off from northrop grumman , approximately 48.8 million shares of $ 0.01 par value hii common stock were distributed to northrop grumman stockholders .\nthis share amount was utilized for the calculation of basic and diluted earnings ( loss ) per share for the three months ended march 31 , 2011 , and all prior periods , as no common stock of the company existed prior to march 30 , 2011 , and the impact of dilutive securities in the three month period ended march 31 , 2011 , was not meaningful. .\n\nQuestion: during 2010 , what was the return on assets?",
        "solution": "2.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2003/page_44.pdf\n\nID: JPM/2003/page_44.pdf-4\n\nPrevious Text:\nbusiness-related metrics as of or for the year ended december 31 .\n\nTable Data:\n[['( in billions except ratios )', '2003', '2002', 'change'], ['loan and lease receivables', '$ 43.2', '$ 37.4', '16% ( 16 % )'], ['average loan and lease receivables', '41.7', '31.7', '32'], ['automobile origination volume', '27.8', '25.3', '10'], ['automobile market share', '6.1% ( 6.1 % )', '5.7% ( 5.7 % )', '40bp'], ['30+ day delinquency rate', '1.46', '1.54', '-8 ( 8 )'], ['net charge-off ratio', '0.41', '0.51', '-10 ( 10 )'], ['overhead ratio', '35', '36', '-100 ( 100 )']]\n\nFollowing Text:\ncrb is the no .\n1 bank in the new york tri-state area and a top five bank in texas ( both ranked by retail deposits ) , providing payment , liquidity , investment , insurance and credit products and services to three primary customer segments : small busi- ness , affluent and retail .\nwithin these segments , crb serves 326000 small businesses , 433000 affluent consumers and 2.6 million mass-market consumers .\ncrb 2019s continued focus on expanding customer relationships resulted in a 14% ( 14 % ) increase in core deposits ( for this purpose , core deposits are total deposits less time deposits ) from december 31 , 2002 , and a 77% ( 77 % ) increase in the cross-sell of chase credit products over 2002 .\nin 2003 , mortgage and home equity originations through crb 2019s distribution channels were $ 3.4 billion and $ 4.7 billion , respectively .\nbranch-originated credit cards totaled 77000 , contributing to 23% ( 23 % ) of crb customers holding chase credit cards .\ncrb is compensated by cfs 2019s credit businesses for the home finance and credit card loans it origi- nates and does not retain these balances .\nchase regional banking while crb continues to position itself for growth , decreased deposit spreads related to the low-rate environment and increased credit costs resulted in an 80% ( 80 % ) decline in crb operating earnings from 2002 .\nthis decrease was partly offset by an 8% ( 8 % ) increase in total average deposits .\noperating revenue of $ 2.6 billion decreased by 9% ( 9 % ) compared with 2002 .\nnet interest income declined by 11% ( 11 % ) to $ 1.7 billion , primarily attributable to the lower interest rate environment .\nnoninterest revenue decreased 6% ( 6 % ) to $ 927 million due to lower deposit service fees , decreased debit card fees and one-time gains in 2002 .\ncrb 2019s revenue does not include funding profits earned on its deposit base ; these amounts are included in the results of global treasury .\noperating expense of $ 2.4 billion increased by 7% ( 7 % ) from 2002 .\nthe increase was primarily due to investments in technology within the branch network ; also contributing were higher compensation expenses related to increased staff levels and higher severance costs as a result of continued restructuring .\nthis increase in operating caf is the largest u.s .\nbank originator of automobile loans and leases , with more than 2.9 million accounts .\nin 2003 , caf had a record number of automobile loan and lease originations , growing by 10% ( 10 % ) over 2002 to $ 27.8 billion .\nloan and lease receivables of $ 43.2 billion at december 31 , 2003 , were 16% ( 16 % ) higher than at the prior year-end .\ndespite a challenging operating environment reflecting slightly declining new car sales in 2003 and increased competition , caf 2019s market share among automobile finance companies improved to 6.1% ( 6.1 % ) in 2003 from 5.7% ( 5.7 % ) in 2002 .\nthe increase in market share was the result of strong organic growth and an origination strategy that allies the business with manufac- turers and dealers .\ncaf 2019s relationships with several major car manufacturers contributed to 2003 growth , as did caf 2019s dealer relationships , which increased from approximately 12700 dealers in 2002 to approximately 13700 dealers in 2003 .\nin 2003 , operating earnings were $ 205 million , 23% ( 23 % ) higher compared with 2002 .\nthe increase in earnings was driven by continued revenue growth and improved operating efficiency .\nin 2003 , caf 2019s operating revenue grew by 23% ( 23 % ) to $ 842 million .\nnet interest income grew by 33% ( 33 % ) compared with 2002 .\nthe increase was driven by strong operating performance due to higher average loans and leases outstanding , reflecting continued strong origination volume and lower funding costs .\noperating expense of $ 292 million increased by 18% ( 18 % ) compared with 2002 .\nthe increase in expenses was driven by higher average chase auto finance loans outstanding , higher origination volume and higher perform- ance-based incentives .\ncaf 2019s overhead ratio improved from 36% ( 36 % ) in 2002 to 35% ( 35 % ) in 2003 , as a result of strong revenue growth , con- tinued productivity gains and disciplined expense management .\ncredit costs increased 18% ( 18 % ) to $ 205 million , primarily reflecting a 32% ( 32 % ) increase in average loan and lease receivables .\ncredit quality continued to be strong relative to 2002 , as evidenced by a lower net charge-off ratio and 30+ day delinquency rate .\ncaf also comprises chase education finance , a top provider of government-guaranteed and private loans for higher education .\nloans are provided through a joint venture with sallie mae , a government-sponsored enterprise and the leader in funding and servicing education loans .\nchase education finance 2019s origination volume totaled $ 2.7 billion , an increase of 4% ( 4 % ) from last year .\nmanagement 2019s discussion and analysis j.p .\nmorgan chase & co .\n42 j.p .\nmorgan chase & co .\n/ 2003 annual report .\n\nQuestion: what was the ratio of the average loan and lease receivables to the automobile origination volume",
        "solution": "1.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2014/page_41.pdf\n\nID: UNP/2014/page_41.pdf-3\n\nPrevious Text:\namount of commitment expiration per period other commercial commitments after millions total 2015 2016 2017 2018 2019 2019 .\n\nTable Data:\n[['other commercial commitmentsmillions', 'total', 'amount of commitment expiration per period 2015', 'amount of commitment expiration per period 2016', 'amount of commitment expiration per period 2017', 'amount of commitment expiration per period 2018', 'amount of commitment expiration per period 2019', 'amount of commitment expiration per period after2019'], ['credit facilities [a]', '$ 1700', '$ -', '$ -', '$ -', '$ -', '$ 1700', '$ -'], ['receivables securitization facility [b]', '650', '-', '-', '650', '-', '-', '-'], ['guarantees [c]', '82', '12', '26', '10', '11', '8', '15'], ['standby letters of credit [d]', '40', '34', '6', '-', '-', '-', '-'], ['total commercialcommitments', '$ 2472', '$ 46', '$ 32', '$ 660', '$ 11', '$ 1708', '$ 15']]\n\nFollowing Text:\n[a] none of the credit facility was used as of december 31 , 2014 .\n[b] $ 400 million of the receivables securitization facility was utilized as of december 31 , 2014 , which is accounted for as debt .\nthe full program matures in july 2017 .\n[c] includes guaranteed obligations related to our equipment financings and affiliated operations .\n[d] none of the letters of credit were drawn upon as of december 31 , 2014 .\noff-balance sheet arrangements guarantees 2013 at december 31 , 2014 , and 2013 , we were contingently liable for $ 82 million and $ 299 million in guarantees .\nwe have recorded liabilities of $ 0.3 million and $ 1 million for the fair value of these obligations as of december 31 , 2014 , and 2013 , respectively .\nwe entered into these contingent guarantees in the normal course of business , and they include guaranteed obligations related to our equipment financings and affiliated operations .\nthe final guarantee expires in 2022 .\nwe are not aware of any existing event of default that would require us to satisfy these guarantees .\nwe do not expect that these guarantees will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity .\nother matters labor agreements 2013 approximately 85% ( 85 % ) of our 47201 full-time-equivalent employees are represented by 14 major rail unions .\non january 1 , 2015 , current labor agreements became subject to modification and we began the current round of negotiations with the unions .\nexisting agreements remain in effect until new agreements are reached or the railway labor act 2019s procedures ( which include mediation , cooling-off periods , and the possibility of presidential emergency boards and congressional intervention ) are exhausted .\ncontract negotiations historically continue for an extended period of time and we rarely experience work stoppages while negotiations are pending .\ninflation 2013 long periods of inflation significantly increase asset replacement costs for capital-intensive companies .\nas a result , assuming that we replace all operating assets at current price levels , depreciation charges ( on an inflation-adjusted basis ) would be substantially greater than historically reported amounts .\nderivative financial instruments 2013 we may use derivative financial instruments in limited instances to assist in managing our overall exposure to fluctuations in interest rates and fuel prices .\nwe are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes .\nderivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period .\nwe formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk-management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness .\nchanges in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings .\nwe may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable price movements .\nmarket and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item .\nwe manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements .\nat december 31 , 2014 and 2013 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities. .\n\nQuestion: what percentage of the total commercial commitments is receivables securitization facility?",
        "solution": "26%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2013/page_92.pdf\n\nID: RSG/2013/page_92.pdf-2\n\nPrevious Text:\nrepublic services , inc .\nnotes to consolidated financial statements 2014 ( continued ) credit exposure , we continually monitor the credit worthiness of the financial institutions where we have deposits .\nconcentrations of credit risk with respect to trade accounts receivable are limited due to the wide variety of customers and markets in which we provide services , as well as the dispersion of our operations across many geographic areas .\nwe provide services to commercial , industrial , municipal and residential customers in the united states and puerto rico .\nwe perform ongoing credit evaluations of our customers , but generally do not require collateral to support customer receivables .\nwe establish an allowance for doubtful accounts based on various factors including the credit risk of specific customers , age of receivables outstanding , historical trends , economic conditions and other information .\naccounts receivable , net of allowance for doubtful accounts accounts receivable represent receivables from customers for collection , transfer , recycling , disposal and other services .\nour receivables are recorded when billed or when the related revenue is earned , if earlier , and represent claims against third parties that will be settled in cash .\nthe carrying value of our receivables , net of the allowance for doubtful accounts , represents their estimated net realizable value .\nprovisions for doubtful accounts are evaluated on a monthly basis and are recorded based on our historical collection experience , the age of the receivables , specific customer information and economic conditions .\nwe also review outstanding balances on an account-specific basis .\nin general , reserves are provided for accounts receivable in excess of 90 days outstanding .\npast due receivable balances are written-off when our collection efforts have been unsuccessful in collecting amounts due .\nthe following table reflects the activity in our allowance for doubtful accounts for the years ended december 31 , 2013 , 2012 and 2011: .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['balance at beginning of year', '$ 45.3', '$ 48.1', '$ 50.9'], ['additions charged to expense', '16.1', '29.7', '21.0'], ['accounts written-off', '-23.1 ( 23.1 )', '-32.5 ( 32.5 )', '-23.8 ( 23.8 )'], ['balance at end of year', '$ 38.3', '$ 45.3', '$ 48.1']]\n\nFollowing Text:\nrestricted cash and marketable securities as of december 31 , 2013 , we had $ 169.7 million of restricted cash and marketable securities .\nwe obtain funds through the issuance of tax-exempt bonds for the purpose of financing qualifying expenditures at our landfills , transfer stations , collection and recycling centers .\nthe funds are deposited directly into trust accounts by the bonding authorities at the time of issuance .\nas the use of these funds is contractually restricted , and we do not have the ability to use these funds for general operating purposes , they are classified as restricted cash and marketable securities in our consolidated balance sheets .\nin the normal course of business , we may be required to provide financial assurance to governmental agencies and a variety of other entities in connection with municipal residential collection contracts , closure or post- closure of landfills , environmental remediation , environmental permits , and business licenses and permits as a financial guarantee of our performance .\nat several of our landfills , we satisfy financial assurance requirements by depositing cash into restricted trust funds or escrow accounts .\nproperty and equipment we record property and equipment at cost .\nexpenditures for major additions and improvements to facilities are capitalized , while maintenance and repairs are charged to expense as incurred .\nwhen property is retired or .\n\nQuestion: as of december 31 , 2013 what was the ratio of the restricted cash and marketable securities to the balance in the allowance for doubtful accounts",
        "solution": "4.43"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2004/page_28.pdf\n\nID: AMT/2004/page_28.pdf-2\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2004 and 2003. .\n\nTable Data:\n[['2004', 'high', 'low'], ['quarter ended march 31', '$ 13.12', '$ 9.89'], ['quarter ended june 30', '16.00', '11.13'], ['quarter ended september 30', '15.85', '13.10'], ['quarter ended december 31', '18.75', '15.19'], ['2003', 'high', 'low'], ['quarter ended march 31', '$ 5.94', '$ 3.55'], ['quarter ended june 30', '9.90', '5.41'], ['quarter ended september 30', '11.74', '8.73'], ['quarter ended december 31', '12.00', '9.59']]\n\nFollowing Text:\non march 18 , 2005 , the closing price of our class a common stock was $ 18.79 per share as reported on the as of march 18 , 2005 , we had 230604932 outstanding shares of class a common stock and 743 registered holders .\nin february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .\nour charter prohibits the future issuance of shares of class b common stock .\nalso in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .\nour charter permits the issuance of shares of class c common stock in the future .\nthe information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .\ndividends we have never paid a dividend on any class of common stock .\nwe anticipate that we may retain future earnings , if any , to fund the development and growth of our business .\nthe indentures governing our 93 20448% ( 20448 % ) senior notes due 2009 , our 7.50% ( 7.50 % ) senior notes due 2012 , and our 7.125% ( 7.125 % ) senior notes due 2012 prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .\nour borrower subsidiaries are generally prohibited under the terms of the credit facility , subject to certain exceptions , from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests , except that , if no default exists or would be created thereby under the credit facility , our borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the credit facility within certain specified amounts and , in addition , may pay cash dividends or make other distributions to us in respect of our outstanding indebtedness and permitted future indebtedness .\nthe indentures governing the 12.25% ( 12.25 % ) senior subordinated discount notes due 2008 and the 7.25% ( 7.25 % ) senior subordinated notes due 2011 of american towers , inc .\n( ati ) , our principal operating subsidiary , prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain .\n\nQuestion: what is the growth rate in the price of shares from the lowest value during the quarter ended december 31 , 2004 and the closing price on march 18 , 2005?",
        "solution": "23.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2017/page_74.pdf\n\nID: UNP/2017/page_74.pdf-2\n\nPrevious Text:\n17 .\nleases we lease certain locomotives , freight cars , and other property .\nthe consolidated statements of financial position as of december 31 , 2017 , and 2016 included $ 1635 million , net of $ 953 million of accumulated depreciation , and $ 1997 million , net of $ 1121 million of accumulated depreciation , respectively , for properties held under capital leases .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 , 2017 , were as follows : millions operating leases capital leases .\n\nTable Data:\n[['millions', 'operatingleases', 'capitalleases'], ['2018', '$ 398', '$ 173'], ['2019', '359', '156'], ['2020', '297', '164'], ['2021', '259', '168'], ['2022', '221', '147'], ['later years', '1115', '271'], ['total minimum lease payments', '$ 2649', '$ 1079'], ['amount representing interest', 'n/a', '-187 ( 187 )'], ['present value of minimum lease payments', 'n/a', '$ 892']]\n\nFollowing Text:\napproximately 97% ( 97 % ) of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 480 million in 2017 , $ 535 million in 2016 , and $ 590 million in 2015 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n18 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity .\nto the extent possible , we have recorded a liability where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated .\nwe 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 .\npersonal 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 .\nwe use an actuarial analysis to measure the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work .\nour personal injury liability is not discounted to present value due to the uncertainty surrounding the timing of future payments .\napproximately 95% ( 95 % ) of the recorded liability is related to asserted claims and approximately 5% ( 5 % ) is related to unasserted claims at december 31 , 2017 .\nbecause 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 approximately $ 285 million to $ 310 million .\nwe record an accrual at the low end of the range as no amount of loss within the range is more probable than any other .\nestimates can vary over time due to evolving trends in litigation. .\n\nQuestion: as of december 31 , 2017 what was the percent of the total non-cancelable lease terms in excess of one year due in 2019",
        "solution": "13.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2011/page_63.pdf\n\nID: AON/2011/page_63.pdf-1\n\nPrevious Text:\nreinsurance commissions , fees and other revenue increased 1% ( 1 % ) driven by a favorable foreign currency translation of 2% ( 2 % ) and was partially offset by a 1% ( 1 % ) decline in dispositions , net of acquisitions and other .\norganic revenue was flat primarily resulting from strong growth in the capital market transactions and advisory business , partially offset by declines in global facultative placements .\noperating income operating income increased $ 120 million , or 10% ( 10 % ) , from 2010 to $ 1.3 billion in 2011 .\nin 2011 , operating income margins in this segment were 19.3% ( 19.3 % ) , up 70 basis points from 18.6% ( 18.6 % ) in 2010 .\noperating margin improvement was primarily driven by revenue growth , reduced costs of restructuring initiatives and realization of the benefits of those restructuring plans , which was partially offset by the negative impact of expense increases related to investment in the business , lease termination costs , legacy receivables write-off , and foreign currency exchange rates .\nhr solutions .\n\nTable Data:\n[['years ended december 31,', '2011', '2010', '2009'], ['revenue', '$ 4501', '$ 2111', '$ 1267'], ['operating income', '448', '234', '203'], ['operating margin', '10.0% ( 10.0 % )', '11.1% ( 11.1 % )', '16.0% ( 16.0 % )']]\n\nFollowing Text:\nin october 2010 , we completed the acquisition of hewitt , one of the world 2019s leading human resource consulting and outsourcing companies .\nhewitt operates globally together with aon 2019s existing consulting and outsourcing operations under the newly created aon hewitt brand .\nhewitt 2019s operating results are included in aon 2019s results of operations beginning october 1 , 2010 .\nour hr solutions segment generated approximately 40% ( 40 % ) of our consolidated total revenues in 2011 and provides a broad range of human capital services , as follows : 2022 health and benefits advises clients about how to structure , fund , and administer employee benefit programs that attract , retain , and motivate employees .\nbenefits consulting includes health and welfare , executive benefits , workforce strategies and productivity , absence management , benefits administration , data-driven health , compliance , employee commitment , investment advisory and elective benefits services .\neffective january 1 , 2012 , this line of business will be included in the results of the risk solutions segment .\n2022 retirement specializes in global actuarial services , defined contribution consulting , investment consulting , tax and erisa consulting , and pension administration .\n2022 compensation focuses on compensatory advisory/counsel including : compensation planning design , executive reward strategies , salary survey and benchmarking , market share studies and sales force effectiveness , with special expertise in the financial services and technology industries .\n2022 strategic human capital delivers advice to complex global organizations on talent , change and organizational effectiveness issues , including talent strategy and acquisition , executive on-boarding , performance management , leadership assessment and development , communication strategy , workforce training and change management .\n2022 benefits administration applies our hr expertise primarily through defined benefit ( pension ) , defined contribution ( 401 ( k ) ) , and health and welfare administrative services .\nour model replaces the resource-intensive processes once required to administer benefit plans with more efficient , effective , and less costly solutions .\n2022 human resource business processing outsourcing ( 2018 2018hr bpo 2019 2019 ) provides market-leading solutions to manage employee data ; administer benefits , payroll and other human resources processes ; and .\n\nQuestion: what is the average operating income?",
        "solution": "295"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2003/page_112.pdf\n\nID: AES/2003/page_112.pdf-1\n\nPrevious Text:\nin the fourth quarter of 2002 , aes lost voting control of one of the holding companies in the cemig ownership structure .\nthis holding company indirectly owns the shares related to the cemig investment and indirectly holds the project financing debt related to cemig .\nas a result of the loss of voting control , aes stopped consolidating this holding company at december 31 , 2002 .\nother .\nduring the fourth quarter of 2003 , the company sold its 25% ( 25 % ) ownership interest in medway power limited ( 2018 2018mpl 2019 2019 ) , a 688 mw natural gas-fired combined cycle facility located in the united kingdom , and aes medway operations limited ( 2018 2018aesmo 2019 2019 ) , the operating company for the facility , in an aggregate transaction valued at approximately a347 million ( $ 78 million ) .\nthe sale resulted in a gain of $ 23 million which was recorded in continuing operations .\nmpl and aesmo were previously reported in the contract generation segment .\nin the second quarter of 2002 , the company sold its investment in empresa de infovias s.a .\n( 2018 2018infovias 2019 2019 ) , a telecommunications company in brazil , for proceeds of $ 31 million to cemig , an affiliated company .\nthe loss recorded on the sale was approximately $ 14 million and is recorded as a loss on sale of assets and asset impairment expenses in the accompanying consolidated statements of operations .\nin the second quarter of 2002 , the company recorded an impairment charge of approximately $ 40 million , after income taxes , on an equity method investment in a telecommunications company in latin america held by edc .\nthe impairment charge resulted from sustained poor operating performance coupled with recent funding problems at the invested company .\nduring 2001 , the company lost operational control of central electricity supply corporation ( 2018 2018cesco 2019 2019 ) , a distribution company located in the state of orissa , india .\nthe state of orissa appointed an administrator to take operational control of cesco .\ncesco is accounted for as a cost method investment .\naes 2019s investment in cesco is negative .\nin august 2000 , a subsidiary of the company acquired a 49% ( 49 % ) interest in songas for approximately $ 40 million .\nthe company acquired an additional 16.79% ( 16.79 % ) of songas for approximately $ 12.5 million , and the company began consolidating this entity in 2002 .\nsongas owns the songo songo gas-to-electricity project in tanzania .\nin december 2002 , the company signed a sales purchase agreement to sell 100% ( 100 % ) of our ownership interest in songas .\nthe sale of songas closed in april 2003 ( see note 4 for further discussion of the transaction ) .\nthe following tables present summarized comparative financial information ( in millions ) of the entities in which the company has the ability to exercise significant influence but does not control and that are accounted for using the equity method. .\n\nTable Data:\n[['as of and for the years ended december 31,', '2003', '2002 ( 1 )', '2001 ( 1 )'], ['revenues', '$ 2758', '$ 2832', '$ 6147'], ['operating income', '1039', '695', '1717'], ['net income', '407', '229', '650'], ['current assets', '1347', '1097', '3700'], ['noncurrent assets', '7479', '6751', '14942'], ['current liabilities', '1434', '1418', '3510'], ['noncurrent liabilities', '3795', '3349', '8297'], [\"stockholder's equity\", '3597', '3081', '6835']]\n\nFollowing Text:\n( 1 ) includes information pertaining to eletropaulo and light prior to february 2002 .\nin 2002 and 2001 , the results of operations and the financial position of cemig were negatively impacted by the devaluation of the brazilian real and the impairment charge recorded in 2002 .\nthe brazilian real devalued 32% ( 32 % ) and 19% ( 19 % ) for the years ended december 31 , 2002 and 2001 , respectively. .\n\nQuestion: what was the percentage change in operating income for entities in which the company has the ability to exercise significant influence but does not control and that are accounted for using the equity method between 2001 and 2002?",
        "solution": "-60%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2014/page_36.pdf\n\nID: IPG/2014/page_36.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) corporate and other expenses increased slightly during 2013 by $ 3.5 to $ 140.8 compared to 2012 , primarily due to an increase in salaries and related expenses , mainly attributable to higher base salaries , benefits and temporary help , partially offset by lower severance expenses and a decrease in office and general expenses .\nliquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. .\n\nTable Data:\n[['cash flow data', 'years ended december 31 , 2014', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['net income adjusted to reconcile net income to net cashprovided by operating activities1', '$ 831.2', '$ 598.4', '$ 697.2'], ['net cash used in working capital b2', '-131.1 ( 131.1 )', '-9.6 ( 9.6 )', '-293.2 ( 293.2 )'], ['changes in other non-current assets and liabilities using cash', '-30.6 ( 30.6 )', '4.1', '-46.8 ( 46.8 )'], ['net cash provided by operating activities', '$ 669.5', '$ 592.9', '$ 357.2'], ['net cash used in investing activities', '-200.8 ( 200.8 )', '-224.5 ( 224.5 )', '-210.2 ( 210.2 )'], ['net cash ( used in ) provided by financing activities', '-343.9 ( 343.9 )', '-1212.3 ( 1212.3 )', '131.3']]\n\nFollowing Text:\n1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , non-cash ( gain ) loss related to early extinguishment of debt , and deferred income taxes .\n2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities .\noperating activities net cash provided by operating activities during 2014 was $ 669.5 , which was an improvement of $ 76.6 as compared to 2013 , primarily as a result of an increase in net income , offset by an increase in working capital usage of $ 121.5 .\ndue to the seasonality of our business , we typically generate cash from working capital in the second half of a year and use cash from working capital in the first half of a year , with the largest impacts in the first and fourth quarters .\nour net working capital usage in 2014 was impacted by our media businesses .\nnet cash provided by operating activities during 2013 was $ 592.9 , which was an increase of $ 235.7 as compared to 2012 , primarily as a result of an improvement in working capital usage of $ 283.6 , offset by a decrease in net income .\nthe improvement in working capital in 2013 was impacted by our media businesses and an ongoing focus on working capital management at our agencies .\nthe timing of media buying on behalf of our clients affects our working capital and operating cash flow .\nin most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients .\nto the extent possible we pay production and media charges after we have received funds from our clients .\nthe amounts involved substantially exceed our revenues and primarily affect the level of accounts receivable , expenditures billable to clients , accounts payable and accrued liabilities .\nour assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers .\nour accrued liabilities are also affected by the timing of certain other payments .\nfor example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year .\ninvesting activities net cash used in investing activities during 2014 primarily related to payments for capital expenditures and acquisitions .\ncapital expenditures of $ 148.7 related primarily to computer hardware and software and leasehold improvements .\nwe made payments of $ 67.8 related to acquisitions completed during 2014 , net of cash acquired. .\n\nQuestion: what is the growth rate for net cash provided by operating activities from 2013 to 2014?",
        "solution": "12.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MMM/2007/page_39.pdf\n\nID: MMM/2007/page_39.pdf-2\n\nPrevious Text:\napproximately $ 55 million , which is reported as 201cinvestments 201d in the consolidated balance sheet and as 201cpurchases of marketable securities and investments 201d in the consolidated statement of cash flows .\nthe recovery of approximately $ 25 million of this investment in 2007 reduced 201cinvestments 201d and is shown in cash flows within 201cproceeds from sale of marketable securities and investments . 201d this investment is discussed in more detail under the preceding section entitled industrial and transportation business .\nadditional purchases of investments include additional survivor benefit insurance and equity investments .\ncash flows from financing activities : years ended december 31 .\n\nTable Data:\n[['( millions )', '2007', '2006', '2005'], ['change in short-term debt 2014 net', '$ -1222 ( 1222 )', '$ 882', '$ -258 ( 258 )'], ['repayment of debt ( maturities greater than 90 days )', '-1580 ( 1580 )', '-440 ( 440 )', '-656 ( 656 )'], ['proceeds from debt ( maturities greater than 90 days )', '4024', '693', '429'], ['total cash change in debt', '$ 1222', '$ 1135', '$ -485 ( 485 )'], ['purchases of treasury stock', '-3239 ( 3239 )', '-2351 ( 2351 )', '-2377 ( 2377 )'], ['reissuances of treasury stock', '796', '523', '545'], ['dividends paid to stockholders', '-1380 ( 1380 )', '-1376 ( 1376 )', '-1286 ( 1286 )'], ['excess tax benefits from stock-based compensation', '74', '60', '54'], ['distributions to minority interests and other 2014 net', '-20 ( 20 )', '-52 ( 52 )', '-76 ( 76 )'], ['net cash used in financing activities', '$ -2547 ( 2547 )', '$ -2061 ( 2061 )', '$ -3625 ( 3625 )']]\n\nFollowing Text:\ntotal debt at december 31 , 2007 , was $ 4.920 billion , up from $ 3.553 billion at year-end 2006 .\nthe net change in short-term debt is primarily due to commercial paper activity .\nin 2007 , the repayment of debt for maturities greater than 90 days is primarily comprised of commercial paper repayments of approximately $ 1.15 billion and the november 2007 redemption of approximately $ 322 million in convertible notes .\nin 2007 , proceeds from debt included long-term debt and commercial paper issuances totaling approximately $ 4 billion .\nthis was comprised of eurobond issuances in december 2007 and july 2007 totaling approximately $ 1.5 billion in u.s .\ndollars , a march 2007 long-term debt issuance of $ 750 million and a december 2007 fixed rate note issuance of $ 500 million , plus commercial paper issuances ( maturities greater than 90 days ) of approximately $ 1.25 billion .\nincreases in long-term debt have been used , in part , to fund share repurchase activities .\nthe company accelerated purchases of treasury stock when compared to prior years , buying back $ 3.2 billion in shares in 2007 .\ntotal debt was 30% ( 30 % ) of total capital ( total capital is defined as debt plus equity ) , compared with 26% ( 26 % ) at year-end 2006 .\ndebt securities , including 2007 debt issuances , the company 2019s shelf registration , dealer remarketable securities and convertible notes , are all discussed in more detail in note 10 .\nthe company has a \"well-known seasoned issuer\" shelf registration statement , effective february 24 , 2006 , to register an indeterminate amount of debt or equity securities for future sales .\non june 15 , 2007 , the company registered 150718 shares of the company's common stock under this shelf on behalf of and for the sole benefit of the selling stockholders in connection with the company's acquisition of assets of diamond productions , inc .\nthe company intends to use the proceeds from future securities sales off this shelf for general corporate purposes .\nin connection with this shelf registration , in june 2007 the company established a medium-term notes program through which up to $ 3 billion of medium-term notes may be offered .\nin december 2007 , 3m issued a five-year , $ 500 million , fixed rate note with a coupon rate of 4.65% ( 4.65 % ) under this medium-term notes program .\nthis program has a remaining capacity of $ 2.5 billion as of december 31 , 2007 .\nthe company 2019s $ 350 million of dealer remarketable securities ( classified as current portion of long-term debt ) were remarketed for one year in december 2007 .\nat december 31 , 2007 , $ 350 million of dealer remarketable securities ( final maturity 2010 ) and $ 62 million of floating rate notes ( final maturity 2044 ) are classified as current portion of long- term debt as the result of put provisions associated with these debt instruments .\nthe company has convertible notes with a book value of $ 222 million at december 31 , 2007 .\nthe next put option date for these convertible notes is november 2012 .\nin november 2007 , 364598 outstanding bonds were redeemed resulting in a payout from 3m of approximately $ 322 million .\nrepurchases of common stock are made to support the company 2019s stock-based employee compensation plans and for other corporate purposes .\nin february 2007 , 3m 2019s board of directors authorized a two-year share repurchase of up to $ 7.0 billion for the period from february 12 , 2007 to february 28 , 2009 .\nas of december 31 , 2007 , approximately $ 4.1 billion remained available for repurchase .\nrefer to the table titled 201cissuer purchases of equity securities 201d in part ii , item 5 , for more information. .\n\nQuestion: what was percentage change in the net cash used in financing activities from 2006 to 2007",
        "solution": "23.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2013/page_40.pdf\n\nID: MRO/2013/page_40.pdf-1\n\nPrevious Text:\ndiscount to brent was narrower in 2013 than in 2012 and 2011 .\nas a result of the significant increase in u.s .\nproduction of light sweet crude oil , the historical relationship between wti , brent and lls pricing may not be indicative of future periods .\ncomposition 2013 the proportion of our liquid hydrocarbon sales volumes that are ngls continues to increase due to our development of united states unconventional liquids-rich plays .\nngls were 15 percent of our north america e&p liquid hydrocarbon sales volumes in 2013 compared to 10 percent in 2012 and 7 percent in 2011 .\nnatural gas 2013 a significant portion of our natural gas production in the u.s .\nis sold at bid-week prices , or first-of-month indices relative to our specific producing areas .\naverage henry hub settlement prices for natural gas were 31 percent higher for 2013 than for 2012 .\ninternational e&p liquid hydrocarbons 2013 our international e&p crude oil production is relatively sweet and has historically sold in relation to the brent crude benchmark , which on average was 3 percent lower for 2013 than 2012 .\nnatural gas 2013 our major international e&p natural gas-producing regions are europe and e.g .\nnatural gas prices in europe have been considerably higher than the u.s .\nin recent years .\nin the case of e.g. , our natural gas sales are subject to term contracts , making realized prices in these areas less volatile .\nthe natural gas sales from e.g .\nare at fixed prices ; therefore , our reported average international e&p natural gas realized prices may not fully track market price movements .\noil sands mining the oil sands mining segment produces and sells various qualities of synthetic crude oil .\nsolution mix can be impacted by operational problems or planned unit outages at the mines or upgrader .\nsales prices for roughly two-thirds of the normal solution mix has historically tracked movements in wti and one-third has historically tracked movements in the canadian heavy crude oil marker , primarily wcs .\nthe wcs discount to wti has been increasing on average in each year presented below .\ndespite a wider wcs discount in 2013 , our average oil sands mining price realizations increased due to a greater proportion of higher value synthetic crude oil sales volumes compared to 2012 .\nthe operating cost structure of the oil sands mining operations is predominantly fixed and therefore many of the costs incurred in times of full operation continue during production downtime .\nper-unit costs are sensitive to production rates .\nkey variable costs are natural gas and diesel fuel , which track commodity markets such as the aeco natural gas sales index and crude oil prices , respectively .\nthe table below shows average benchmark prices that impact both our revenues and variable costs: .\n\nTable Data:\n[['benchmark', '2013', '2012', '2011'], ['wti crude oil ( dollars per bbl )', '$ 98.05', '$ 94.15', '$ 95.11'], ['wcs ( dollars per bbl ) ( a )', '$ 72.77', '$ 73.18', '$ 77.97'], ['aeco natural gas sales index ( dollars per mmbtu ) ( b )', '$ 3.08', '$ 2.39', '$ 3.68']]\n\nFollowing Text:\nwcs ( dollars per bbl ) ( a ) $ 72.77 $ 73.18 $ 77.97 aeco natural gas sales index ( dollars per mmbtu ) ( b ) $ 3.08 $ 2.39 $ 3.68 ( a ) monthly pricing based upon average wti adjusted for differentials unique to western canada .\n( b ) monthly average day ahead index. .\n\nQuestion: how much more was the average wti crude price than the wcs price in 2012?",
        "solution": "$ 20.97"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VTR/2006/page_88.pdf\n\nID: VTR/2006/page_88.pdf-1\n\nPrevious Text:\nventas , inc .\nnotes to consolidated financial statements 2014 ( continued ) if we experience certain kinds of changes of control , the issuers must make an offer to repurchase the senior notes , in whole or in part , at a purchase price in cash equal to 101% ( 101 % ) of the principal amount of the senior notes , plus any accrued and unpaid interest to the date of purchase ; provided , however , that in the event moody 2019s and s&p have confirmed their ratings at ba3 or higher and bb- or higher on the senior notes and certain other conditions are met , this repurchase obligation will not apply .\nmortgages at december 31 , 2006 , we had outstanding 53 mortgage loans that we assumed in connection with various acquisitions .\noutstanding principal balances on these loans ranged from $ 0.4 million to $ 114.4 million as of december 31 , 2006 .\nthe loans bear interest at fixed rates ranging from 5.6% ( 5.6 % ) to 8.5% ( 8.5 % ) per annum , except with respect to eight loans with outstanding principal balances ranging from $ 0.4 million to $ 114.4 million , which bear interest at the lender 2019s variable rates , ranging from 3.6% ( 3.6 % ) to 8.5% ( 8.5 % ) per annum at of december 31 , 2006 .\nthe fixed rate debt bears interest at a weighted average annual rate of 7.06% ( 7.06 % ) and the variable rate debt bears interest at a weighted average annual rate of 5.61% ( 5.61 % ) as of december 31 , 2006 .\nthe loans had a weighted average maturity of eight years as of december 31 , 2006 .\nthe $ 114.4 variable mortgage debt was repaid in january 2007 .\nscheduled maturities of borrowing arrangements and other provisions as of december 31 , 2006 , our indebtedness has the following maturities ( in thousands ) : .\n\nTable Data:\n[['2007', '$ 130206'], ['2008', '33117'], ['2009', '372725'], ['2010', '265915'], ['2011', '273761'], ['thereafter', '1261265'], ['total maturities', '2336989'], ['less unamortized commission fees and discounts', '-7936 ( 7936 )'], ['senior notes payable and other debt', '$ 2329053']]\n\nFollowing Text:\ncertain provisions of our long-term debt contain covenants that limit our ability and the ability of certain of our subsidiaries to , among other things : ( i ) incur debt ; ( ii ) make certain dividends , distributions and investments ; ( iii ) enter into certain transactions ; ( iv ) merge , consolidate or transfer certain assets ; and ( v ) sell assets .\nwe and certain of our subsidiaries are also required to maintain total unencumbered assets of at least 150% ( 150 % ) of this group 2019s unsecured debt .\nderivatives and hedging in the normal course of business , we are exposed to the effect of interest rate changes .\nwe limit these risks by following established risk management policies and procedures including the use of derivatives .\nfor interest rate exposures , derivatives are used primarily to fix the rate on debt based on floating-rate indices and to manage the cost of borrowing obligations .\nwe currently have an interest rate swap to manage interest rate risk ( the 201cswap 201d ) .\nwe prohibit the use of derivative instruments for trading or speculative purposes .\nfurther , we have a policy of only entering into contracts with major financial institutions based upon their credit ratings and other factors .\nwhen viewed in conjunction with the underlying and offsetting exposure that the derivative is designed to hedge , we do not anticipate any material adverse effect on our net income or financial position in the future from the use of derivatives. .\n\nQuestion: what percentage of total maturities were payable in 2011?",
        "solution": "11.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2015/page_172.pdf\n\nID: HWM/2015/page_172.pdf-1\n\nPrevious Text:\nthe remaining $ 135 recognized in 2013 relates to a valuation allowance established on a portion of available foreign tax credits in the united states .\nthese credits can be carried forward for 10 years , and have an expiration period ranging from 2016 to 2023 as of december 31 , 2013 ( 2016 to 2025 as of december 31 , 2015 ) .\nafter weighing all available positive and negative evidence , as described above , management determined that it was no longer more likely than not that alcoa will realize the full tax benefit of these foreign tax credits .\nthis was primarily due to lower foreign sourced taxable income after consideration of tax planning strategies and after the inclusion of earnings from foreign subsidiaries projected to be distributable as taxable foreign dividends .\nthis valuation allowance was reevaluated as of december 31 , 2015 , and due to reductions in foreign sourced taxable income , a $ 134 discrete income tax charge was recognized .\nadditionally , $ 15 of foreign tax credits expired at the end of 2015 resulting in a corresponding decrease to the valuation allowance .\nat december 31 , 2015 , the amount of the valuation allowance was $ 254 .\nthe need for this valuation allowance will be assessed on a continuous basis in future periods and , as a result , an increase or decrease to this allowance may result based on changes in facts and circumstances .\nin 2015 , alcoa recognized an additional $ 141 discrete income tax charge for valuation allowances on certain deferred tax assets in iceland and suriname .\nof this amount , an $ 85 valuation allowance was established on the full value of the deferred tax assets in suriname , which were related mostly to employee benefits and tax loss carryforwards .\nthese deferred tax assets have an expiration period ranging from 2016 to 2022 .\nthe remaining $ 56 charge relates to a valuation allowance established on a portion of the deferred tax assets recorded in iceland .\nthese deferred tax assets have an expiration period ranging from 2017 to 2023 .\nafter weighing all available positive and negative evidence , as described above , management determined that it was no longer more likely than not that alcoa will realize the tax benefit of either of these deferred tax assets .\nthis was mainly driven by a decline in the outlook of the primary metals business , combined with prior year cumulative losses and a short expiration period .\nthe need for this valuation allowance will be assessed on a continuous basis in future periods and , as a result , a portion or all of the allowance may be reversed based on changes in facts and circumstances .\nin december 2011 , one of alcoa 2019s subsidiaries in brazil applied for a tax holiday related to its expanded mining and refining operations .\nduring 2013 , the application was amended and re-filed and , separately , a similar application was filed for another one of the company 2019s subsidiaries in brazil .\nthe deadline for the brazilian government to deny the application was july 11 , 2014 .\nsince alcoa did not receive notice that its applications were denied , the tax holiday took effect automatically on july 12 , 2014 .\nas a result , the tax rate applicable to qualified holiday income for these subsidiaries decreased significantly ( from 34% ( 34 % ) to 15.25% ( 15.25 % ) ) , resulting in future cash tax savings over the 10-year holiday period ( retroactively effective as of january 1 , 2013 ) .\nadditionally , a portion of one of the subsidiaries net deferred tax asset that reverses within the holiday period was remeasured at the new tax rate ( the net deferred tax asset of the other subsidiary was not remeasured since it could still be utilized against the subsidiary 2019s future earnings not subject to the tax holiday ) .\nthis remeasurement resulted in a decrease to that subsidiary 2019s net deferred tax asset and a noncash charge to earnings of $ 52 ( $ 31 after noncontrolling interest ) .\nthe following table details the changes in the valuation allowance: .\n\nTable Data:\n[['december 31,', '2015', '2014', '2013'], ['balance at beginning of year', '$ 1668', '$ 1804', '$ 1400'], ['increase to allowance', '472', '117', '471'], ['release of allowance', '-42 ( 42 )', '-77 ( 77 )', '-41 ( 41 )'], ['acquisitions and divestitures ( f )', '29', '-37 ( 37 )', '-'], ['u.s . state tax apportionment and tax rate changes', '-45 ( 45 )', '-80 ( 80 )', '-32 ( 32 )'], ['foreign currency translation', '-45 ( 45 )', '-59 ( 59 )', '6'], ['balance at end of year', '$ 2037', '$ 1668', '$ 1804']]\n\nFollowing Text:\nthe cumulative amount of alcoa 2019s foreign undistributed net earnings for which no deferred taxes have been provided was approximately $ 4000 at december 31 , 2015 .\nalcoa has a number of commitments and obligations related to the company 2019s growth strategy in foreign jurisdictions .\nas such , management has no plans to distribute such earnings in the foreseeable future , and , therefore , has determined it is not practicable to determine the related deferred tax liability. .\n\nQuestion: taking the year 2015 , what is the increase to allowance as a percent of the balance at the end of the year?",
        "solution": "23.17%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2008/page_146.pdf\n\nID: MRO/2008/page_146.pdf-3\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements operating lease rental expense was : ( in millions ) 2008 2007 2006 minimum rental ( a ) $ 245 $ 209 $ 172 .\n\nTable Data:\n[['( in millions )', '2008', '2007', '2006'], ['minimum rental ( a )', '$ 245', '$ 209', '$ 172'], ['contingent rental', '22', '33', '28'], ['sublease rentals', '2013', '2013', '-7 ( 7 )'], ['net rental expense', '$ 267', '$ 242', '$ 193']]\n\nFollowing Text:\n( a ) excludes $ 5 million , $ 8 million and $ 9 million paid by united states steel in 2008 , 2007 and 2006 on assumed leases .\n27 .\ncontingencies and commitments we are the subject of , or party to , a number of pending or threatened legal actions , contingencies and commitments involving a variety of matters , including laws and regulations relating to the environment .\ncertain of these matters are discussed below .\nthe ultimate resolution of these contingencies could , individually or in the aggregate , be material to our consolidated financial statements .\nhowever , management believes that we will remain a viable and competitive enterprise even though it is possible that these contingencies could be resolved unfavorably .\nenvironmental matters 2013 we are subject to federal , state , local and foreign laws and regulations relating to the environment .\nthese laws generally provide for control of pollutants released into the environment and require responsible parties to undertake remediation of hazardous waste disposal sites .\npenalties may be imposed for noncompliance .\nat december 31 , 2008 and 2007 , accrued liabilities for remediation totaled $ 111 million and $ 108 million .\nit is not presently possible to estimate the ultimate amount of all remediation costs that might be incurred or the penalties that may be imposed .\nreceivables for recoverable costs from certain states , under programs to assist companies in clean-up efforts related to underground storage tanks at retail marketing outlets , were $ 60 and $ 66 million at december 31 , 2008 and 2007 .\nwe are a defendant , along with other refining companies , in 20 cases arising in three states alleging damages for methyl tertiary-butyl ether ( 201cmtbe 201d ) contamination .\nwe have also received seven toxic substances control act notice letters involving potential claims in two states .\nsuch notice letters are often followed by litigation .\nlike the cases that were settled in 2008 , the remaining mtbe cases are consolidated in a multidistrict litigation in the southern district of new york for pretrial proceedings .\nnineteen of the remaining cases allege damages to water supply wells , similar to the damages claimed in the settled cases .\nin the other remaining case , the state of new jersey is seeking natural resources damages allegedly resulting from contamination of groundwater by mtbe .\nthis is the only mtbe contamination case in which we are a defendant and natural resources damages are sought .\nwe are vigorously defending these cases .\nwe , along with a number of other defendants , have engaged in settlement discussions related to the majority of the cases in which we are a defendant .\nwe do not expect our share of liability , if any , for the remaining cases to significantly impact our consolidated results of operations , financial position or cash flows .\na lawsuit filed in the united states district court for the southern district of west virginia alleges that our catlettsburg , kentucky , refinery distributed contaminated gasoline to wholesalers and retailers for a period prior to august , 2003 , causing permanent damage to storage tanks , dispensers and related equipment , resulting in lost profits , business disruption and personal and real property damages .\nfollowing the incident , we conducted remediation operations at affected facilities , and we deny that any permanent damages resulted from the incident .\nclass action certification was granted in august 2007 .\nwe have entered into a tentative settlement agreement in this case .\nnotice of the proposed settlement has been sent to the class members .\napproval by the court after a fairness hearing is required before the settlement can be finalized .\nthe fairness hearing is scheduled in the first quarter of 2009 .\nthe proposed settlement will not significantly impact our consolidated results of operations , financial position or cash flows .\nguarantees 2013 we have provided certain guarantees , direct and indirect , of the indebtedness of other companies .\nunder the terms of most of these guarantee arrangements , we would be required to perform should the guaranteed party fail to fulfill its obligations under the specified arrangements .\nin addition to these financial guarantees , we also have various performance guarantees related to specific agreements. .\n\nQuestion: what was the change in millions for receivables for recoverable costs from certain states , under programs to assist companies in clean-up efforts related to underground storage tanks at retail marketing outlets , between december 31 , 2008 and 2007?",
        "solution": "-6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2016/page_105.pdf\n\nID: LMT/2016/page_105.pdf-4\n\nPrevious Text:\ncontributions and expected benefit payments the funding of our qualified defined benefit pension plans is determined in accordance with erisa , as amended by the ppa , and in a manner consistent with cas and internal revenue code rules .\nthere were no contributions to our legacy qualified defined benefit pension plans during 2016 .\nwe do not plan to make contributions to our legacy pension plans in 2017 because none are required using current assumptions including investment returns on plan assets .\nwe made $ 23 million in contributions during 2016 to our newly established sikorsky pension plan and expect to make $ 45 million in contributions to this plan during 2017 .\nthe following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016 ( in millions ) : .\n\nTable Data:\n[['', '2017', '2018', '2019', '2020', '2021', '2022 2013 2026'], ['qualified defined benefit pension plans', '$ 2260', '$ 2340', '$ 2420', '$ 2510', '$ 2590', '$ 13920'], ['retiree medical and life insurance plans', '180', '180', '190', '190', '190', '870']]\n\nFollowing Text:\ndefined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees .\nunder the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents .\nour contributions were $ 617 million in 2016 , $ 393 million in 2015 and $ 385 million in 2014 , the majority of which were funded in our common stock .\nour defined contribution plans held approximately 36.9 million and 40.0 million shares of our common stock as of december 31 , 2016 and 2015 .\nnote 12 2013 stockholders 2019 equity at december 31 , 2016 and 2015 , our authorized capital was composed of 1.5 billion shares of common stock and 50 million shares of series preferred stock .\nof the 290 million shares of common stock issued and outstanding as of december 31 , 2016 , 289 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust .\nof the 305 million shares of common stock issued and outstanding as of december 31 , 2015 , 303 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust .\nno shares of preferred stock were issued and outstanding at december 31 , 2016 or 2015 .\nrepurchases of common stock during 2016 , we repurchased 8.9 million shares of our common stock for $ 2.1 billion .\nduring 2015 and 2014 , we paid $ 3.1 billion and $ 1.9 billion to repurchase 15.2 million and 11.5 million shares of our common stock .\non september 22 , 2016 , our board of directors approved a $ 2.0 billion increase to our share repurchase program .\ninclusive of this increase , the total remaining authorization for future common share repurchases under our program was $ 3.5 billion as of december 31 , 2016 .\nas we repurchase our common shares , we reduce common stock for the $ 1 of par value of the shares repurchased , with the excess purchase price over par value recorded as a reduction of additional paid-in capital .\ndue to the volume of repurchases made under our share repurchase program , additional paid-in capital was reduced to zero , with the remainder of the excess purchase price over par value of $ 1.7 billion and $ 2.4 billion recorded as a reduction of retained earnings in 2016 and 2015 .\nwe paid dividends totaling $ 2.0 billion ( $ 6.77 per share ) in 2016 , $ 1.9 billion ( $ 6.15 per share ) in 2015 and $ 1.8 billion ( $ 5.49 per share ) in 2014 .\nwe have increased our quarterly dividend rate in each of the last three years , including a 10% ( 10 % ) increase in the quarterly dividend rate in the fourth quarter of 2016 .\nwe declared quarterly dividends of $ 1.65 per share during each of the first three quarters of 2016 and $ 1.82 per share during the fourth quarter of 2016 ; $ 1.50 per share during each of the first three quarters of 2015 and $ 1.65 per share during the fourth quarter of 2015 ; and $ 1.33 per share during each of the first three quarters of 2014 and $ 1.50 per share during the fourth quarter of 2014. .\n\nQuestion: what is the change in millions of qualified defined benefit pension plans from 2018 to 2019 in estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016?",
        "solution": "80"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APTV/2016/page_47.pdf\n\nID: APTV/2016/page_47.pdf-2\n\nPrevious Text:\nstock performance graph * $ 100 invested on december 31 , 2011 in our stock or in the relevant index , including reinvestment of dividends .\nfiscal year ended december 31 , 2016 .\n( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana inc. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , goodyear tire & rubber co. , johnson controls international plc , lear corp. , lkq corp. , meritor inc. , standard motor products inc. , stoneridge inc. , superior industries international , tenneco inc. , tesla motors inc. , tower international inc. , visteon corp. , and wabco holdings inc .\ncompany index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['company index', 'december 31 2011', 'december 31 2012', 'december 31 2013', 'december 31 2014', 'december 31 2015', 'december 31 2016'], ['delphi automotive plc ( 1 )', '$ 100.00', '$ 177.58', '$ 283.02', '$ 347.40', '$ 414.58', '$ 331.43'], ['s&p 500 ( 2 )', '100.00', '116.00', '153.58', '174.60', '177.01', '198.18'], ['automotive supplier peer group ( 3 )', '100.00', '127.04', '188.67', '203.06', '198.34', '202.30']]\n\nFollowing Text:\ndividends the company has declared and paid cash dividends of $ 0.25 and $ 0.29 per ordinary share in each quarter of 2015 and 2016 , respectively .\nin addition , in january 2017 , the board of directors declared a regular quarterly cash dividend of $ 0.29 per ordinary share , payable on february 15 , 2017 to shareholders of record at the close of business on february 6 , 2017. .\n\nQuestion: what was the percentage return for the 5 year period ending december 31 2016 of delphi automotive plc?",
        "solution": "231.43%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_137.pdf\n\nID: MRO/2009/page_137.pdf-1\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements restricted stock awards the following is a summary of restricted stock award activity .\nawards weighted-average grant date fair value .\n\nTable Data:\n[['', 'awards', 'weighted-averagegrant datefair value'], ['unvested at december 31 2008', '2049255', '$ 47.72'], ['granted', '251335', '24.74'], ['vested', '-762466 ( 762466 )', '46.03'], ['forfeited', '-96625 ( 96625 )', '43.56'], ['unvested at december 31 2009', '1441499', '44.89']]\n\nFollowing Text:\nthe vesting date fair value of restricted stock awards which vested during 2009 , 2008 and 2007 was $ 24 million , $ 38 million and $ 29 million .\nthe weighted average grant date fair value of restricted stock awards was $ 44.89 , $ 47.72 , and $ 39.87 for awards unvested at december 31 , 2009 , 2008 and 2007 .\nas of december 31 , 2009 , there was $ 43 million of unrecognized compensation cost related to restricted stock awards which is expected to be recognized over a weighted average period of 1.6 years .\nstock-based performance awards all stock-based performance awards have either vested or been forfeited .\nthe vesting date fair value of stock- based performance awards which vested during 2007 was $ 38 .\n24 .\nstockholders 2019 equity in each year , 2009 and 2008 , we issued 2 million in common stock upon the redemption of the exchangeable shares described below in addition to treasury shares issued for employee stock-based awards .\nthe board of directors has authorized the repurchase of up to $ 5 billion of marathon common stock .\npurchases under the program may be in either open market transactions , including block purchases , or in privately negotiated transactions .\nwe will use cash on hand , cash generated from operations , proceeds from potential asset sales or cash from available borrowings to acquire shares .\nthis program may be changed based upon our financial condition or changes in market conditions and is subject to termination prior to completion .\nthe repurchase program does not include specific price targets or timetables .\nas of december 31 , 2009 , we have acquired 66 million common shares at a cost of $ 2922 million under the program .\nno shares have been acquired since august 2008 .\nsecurities exchangeable into marathon common stock 2013 as discussed in note 6 , we acquired all of the outstanding shares of western on october 18 , 2007 .\nthe western shareholders who were canadian residents received , at their election , cash , marathon common stock , securities exchangeable into marathon common stock ( the 201cexchangeable shares 201d ) or a combination thereof .\nthe western shareholders elected to receive 5 million exchangeable shares as part of the acquisition consideration .\nthe exchangeable shares are shares of an indirect canadian subsidiary of marathon and , at the acquisition date , were exchangeable on a one-for-one basis into marathon common stock .\nsubsequent to the acquisition , the exchange ratio is adjusted to reflect cash dividends , if any , paid on marathon common stock and cash dividends , if any , paid on the exchangeable shares .\nthe exchange ratio at december 31 , 2009 , was 1.06109 common shares for each exchangeable share .\nthe exchangeable shares are exchangeable at the option of the holder at any time and are automatically redeemable on october 18 , 2011 .\nholders of exchangeable shares are entitled to instruct a trustee to vote ( or obtain a proxy from the trustee to vote directly ) on all matters submitted to the holders of marathon common stock .\nthe number of votes to which each holder is entitled is equal to the whole number of shares of marathon common stock into which such holder 2019s exchangeable shares would be exchangeable based on the exchange ratio in effect on the record date for the vote .\nthe voting right is attached to voting preferred shares of marathon that were issued to a trustee in an amount .\n\nQuestion: did the vesting date fair value of restricted stock awards which vested increase between 2008 and 2009?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2005/page_75.pdf\n\nID: AAPL/2005/page_75.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 2 2014financial instruments ( continued ) are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners .\nno customer accounted for more than 10% ( 10 % ) of trade receivables as of september 24 , 2005 or september 25 , 2004 .\nthe following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 24 , september 25 , september 27 .\n\nTable Data:\n[['', 'september 24 2005', 'september 25 2004', 'september 27 2003'], ['beginning allowance balance', '$ 47', '$ 49', '$ 51'], ['charged to costs and expenses', '8', '3', '4'], ['deductions ( a )', '-9 ( 9 )', '-5 ( 5 )', '-6 ( 6 )'], ['ending allowance balance', '$ 46', '$ 47', '$ 49']]\n\nFollowing Text:\n( a ) represents amounts written off against the allowance , net of recoveries .\nvendor 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 .\nthe company purchases these raw material components directly from suppliers .\nthese non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 417 million and $ 276 million as of september 24 , 2005 and september 25 , 2004 , respectively .\nthe 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 .\nderivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange and interest rate risk .\nforeign 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 .\nfrom time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt .\nthe company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .\nthe company records all derivatives on the balance sheet at fair value. .\n\nQuestion: what was the highest ending allowance balance , in millions?",
        "solution": "49"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APD/2013/page_99.pdf\n\nID: APD/2013/page_99.pdf-1\n\nPrevious Text:\nearnings were remitted as dividends after payment of all deferred taxes .\nas more than 90% ( 90 % ) of the undistributed earnings are in countries with a statutory tax rate of 24% ( 24 % ) or higher , we do not generate a disproportionate amount of taxable income in countries with very low tax rates .\na reconciliation of the beginning and ending amount of the unrecognized tax benefits is as follows: .\n\nTable Data:\n[['unrecognized tax benefits', '2013', '2012', '2011'], ['balance at beginning of year', '$ 110.8', '$ 126.4', '$ 197.8'], ['additions for tax positions of the current year', '12.7', '44.5', '16.3'], ['additions for tax positions of prior years', '9.0', '2.3', '5.7'], ['reductions for tax positions of prior years', '-.5 ( .5 )', '-46.9 ( 46.9 )', '-72.4 ( 72.4 )'], ['settlements', '-1.4 ( 1.4 )', '-11.0 ( 11.0 )', '-15.6 ( 15.6 )'], ['statute of limitations expiration', '-8.0 ( 8.0 )', '-3.7 ( 3.7 )', '-4.8 ( 4.8 )'], ['foreign currency translation', '1.7', '-.8 ( .8 )', '-.6 ( .6 )'], ['balance at end of year', '$ 124.3', '$ 110.8', '$ 126.4']]\n\nFollowing Text:\nat 30 september 2013 and 2012 , we had $ 124.3 and $ 110.8 of unrecognized tax benefits , excluding interest and penalties , of which $ 63.1 and $ 56.9 , respectively , would impact the effective tax rate if recognized .\ninterest and penalties related to unrecognized tax benefits are recorded as a component of income tax expense and totaled $ 2.4 in 2013 , $ ( 26.1 ) in 2012 , and $ ( 2.4 ) in 2011 .\nour accrued balance for interest and penalties was $ 8.1 and $ 7.2 in 2013 and 2012 , respectively .\nwe were challenged by the spanish tax authorities over income tax deductions taken by certain of our spanish subsidiaries during fiscal years 2005 20132011 .\nin november 2011 , we reached a settlement with the spanish tax authorities for 20ac41.3 million ( $ 56 ) in resolution of all tax issues under examination .\nthis settlement increased our income tax expense for the fiscal year ended 30 september 2012 by $ 43.8 ( $ .20 per share ) and had a 3.3% ( 3.3 % ) impact on our effective tax rate .\nas a result of this settlement , we recorded a reduction in unrecognized tax benefits of $ 6.4 for tax positions taken in prior years and $ 11.0 for settlements .\non 25 january 2012 , the spanish supreme court released its decision in favor of our spanish subsidiary related to certain tax transactions for years 1991 and 1992 , a period before we controlled this subsidiary .\nas a result , in the second quarter of 2012 , we recorded a reduction in income tax expense of $ 58.3 ( $ .27 per share ) , resulting in a 4.4% ( 4.4 % ) reduction in our effective tax rate for the fiscal year ended 30 september 2012 .\nas a result of this ruling , we recorded a reduction in unrecognized tax benefits of $ 38.3 for tax positions taken in prior years .\nduring the third quarter of 2012 , our unrecognized tax benefits increased $ 33.3 as a result of certain tax positions taken in conjunction with the disposition of our homecare business .\nwhen resolved , these benefits will be recognized in 201cincome from discontinued operations , net of tax 201d on our consolidated income statements and will not impact our effective tax rate .\nfor additional information , see note 3 , discontinued operations .\nin the third quarter of 2011 , a u.s .\ninternal revenue service audit over tax years 2007 and 2008 was completed , resulting in a decrease in unrecognized tax benefits of $ 36.0 and a favorable impact to earnings of $ 23.9 .\nthis included a tax benefit of $ 8.9 ( $ .04 per share ) recognized in income from discontinued operations for fiscal year 2011 , as it relates to the previously divested u.s .\nhealthcare business .\nwe are also currently under examination in a number of tax jurisdictions , some of which may be resolved in the next twelve months .\nas a result , it is reasonably possible that a change in the unrecognized tax benefits may occur during the next twelve months .\nhowever , quantification of an estimated range cannot be made at this time. .\n\nQuestion: considering the years 2011-2013 , what is the average value for settlements?",
        "solution": "9.33"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_158.pdf\n\nID: ETR/2004/page_158.pdf-2\n\nPrevious Text:\npart i item 1 entergy corporation , domestic utility companies , and system energy employment litigation ( entergy corporation , entergy arkansas , entergy gulf states , entergy louisiana , entergy mississippi , entergy new orleans , and system energy ) entergy corporation and the domestic utility companies are defendants in numerous lawsuits that have been filed by former employees alleging that they were wrongfully terminated and/or discriminated against on the basis of age , race , sex , and/or other protected characteristics .\nentergy corporation and the domestic utility companies are vigorously defending these suits and deny any liability to the plaintiffs .\nhowever , no assurance can be given as to the outcome of these cases , and at this time management cannot estimate the total amount of damages sought .\nincluded in the employment litigation are two cases filed in state court in claiborne county , mississippi in december 2002 .\nthe two cases were filed by former employees of entergy operations who were based at grand gulf .\nentergy operations and entergy employees are named as defendants .\nthe cases make employment-related claims , and seek in total $ 53 million in alleged actual damages and $ 168 million in punitive damages .\nentergy subsequently removed both proceedings to the federal district in jackson , mississippi .\nentergy cannot predict the ultimate outcome of this proceeding .\nresearch spending entergy is a member of the electric power research institute ( epri ) .\nepri conducts a broad range of research in major technical fields related to the electric utility industry .\nentergy participates in various epri projects based on entergy's needs and available resources .\nthe domestic utility companies contributed $ 1.6 million in 2004 , $ 1.5 million in 2003 , and $ 2.1 million in 2002 to epri .\nthe non-utility nuclear business contributed $ 3.2 million in 2004 and $ 3 million in both 2003 and 2002 to epri .\nemployees employees are an integral part of entergy's commitment to serving its customers .\nas of december 31 , 2004 , entergy employed 14425 people .\nu.s .\nutility: .\n\nTable Data:\n[['entergy arkansas', '1494'], ['entergy gulf states', '1641'], ['entergy louisiana', '943'], ['entergy mississippi', '793'], ['entergy new orleans', '403'], ['system energy', '-'], ['entergy operations', '2735'], ['entergy services', '2704'], ['entergy nuclear operations', '3245'], ['other subsidiaries', '277'], ['total full-time', '14235'], ['part-time', '190'], ['total entergy', '14425']]\n\nFollowing Text:\napproximately 4900 employees are represented by the international brotherhood of electrical workers union , the utility workers union of america , and the international brotherhood of teamsters union. .\n\nQuestion: what percent of total full-time employees are in entergy gulf states ?",
        "solution": "12%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MMM/2015/page_50.pdf\n\nID: MMM/2015/page_50.pdf-1\n\nPrevious Text:\na summary of the company 2019s significant contractual obligations as of december 31 , 2015 , follows : contractual obligations .\n\nTable Data:\n[['( millions )', 'total', 'payments due by year 2016', 'payments due by year 2017', 'payments due by year 2018', 'payments due by year 2019', 'payments due by year 2020', 'payments due by year after 2020'], ['long-term debt including current portion ( note 10 )', '$ 9878', '$ 1125', '$ 744', '$ 993', '$ 622', '$ 1203', '$ 5191'], ['interest on long-term debt', '2244', '174', '157', '153', '149', '146', '1465'], ['operating leases ( note 14 )', '943', '234', '191', '134', '86', '72', '226'], ['capital leases ( note 14 )', '59', '11', '6', '4', '3', '3', '32'], ['unconditional purchase obligations and other', '1631', '1228', '160', '102', '54', '56', '31'], ['total contractual cash obligations', '$ 14755', '$ 2772', '$ 1258', '$ 1386', '$ 914', '$ 1480', '$ 6945']]\n\nFollowing Text:\nlong-term debt payments due in 2016 and 2017 include floating rate notes totaling $ 126 million ( classified as current portion of long-term debt ) , and $ 96 million ( included as a separate floating rate note in the long-term debt table ) , respectively , as a result of put provisions associated with these debt instruments .\ninterest projections on both floating and fixed rate long-term debt , including the effects of interest rate swaps , are based on effective interest rates as of december 31 , 2015 .\nunconditional purchase obligations are defined as an agreement to purchase goods or services that is enforceable and legally binding on the company .\nincluded in the unconditional purchase obligations category above are certain obligations related to take or pay contracts , capital commitments , service agreements and utilities .\nthese estimates include both unconditional purchase obligations with terms in excess of one year and normal ongoing purchase obligations with terms of less than one year .\nmany of these commitments relate to take or pay contracts , in which 3m guarantees payment to ensure availability of products or services that are sold to customers .\nthe company expects to receive consideration ( products or services ) for these unconditional purchase obligations .\ncontractual capital commitments are included in the preceding table , but these commitments represent a small part of the company 2019s expected capital spending in 2016 and beyond .\nthe purchase obligation amounts do not represent the entire anticipated purchases in the future , but represent only those items for which the company is contractually obligated .\nthe majority of 3m 2019s products and services are purchased as needed , with no unconditional commitment .\nfor this reason , these amounts will not provide a reliable indicator of the company 2019s expected future cash outflows on a stand-alone basis .\nother obligations , included in the preceding table within the caption entitled 201cunconditional purchase obligations and other , 201d include the current portion of the liability for uncertain tax positions under asc 740 , which is expected to be paid out in cash in the next 12 months .\nthe company is not able to reasonably estimate the timing of the long-term payments or the amount by which the liability will increase or decrease over time ; therefore , the long-term portion of the net tax liability of $ 208 million is excluded from the preceding table .\nrefer to note 8 for further details .\nas discussed in note 11 , the company does not have a required minimum cash pension contribution obligation for its u.s .\nplans in 2016 and company contributions to its u.s .\nand international pension plans are expected to be largely discretionary in future years ; therefore , amounts related to these plans are not included in the preceding table .\nfinancial instruments the company enters into foreign exchange forward contracts , options and swaps to hedge against the effect of exchange rate fluctuations on cash flows denominated in foreign currencies and certain intercompany financing transactions .\nthe company manages interest rate risks using a mix of fixed and floating rate debt .\nto help manage borrowing costs , the company may enter into interest rate swaps .\nunder these arrangements , the company agrees to exchange , at specified intervals , the difference between fixed and floating interest amounts calculated by reference to an agreed-upon notional principal amount .\nthe company manages commodity price risks through negotiated supply contracts , price protection agreements and forward contracts. .\n\nQuestion: what was the percent of the total interest on long-term debt to the total contractual cash obligations",
        "solution": "15.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2016/page_50.pdf\n\nID: LMT/2016/page_50.pdf-3\n\nPrevious Text:\n2015 compared to 2014 mfc 2019s net sales in 2015 decreased $ 322 million , or 5% ( 5 % ) , compared to the same period in 2014 .\nthe decrease was attributable to lower net sales of approximately $ 345 million for air and missile defense programs due to fewer deliveries ( primarily pac-3 ) and lower volume ( primarily thaad ) ; and approximately $ 85 million for tactical missile programs due to fewer deliveries ( primarily guided multiple launch rocket system ( gmlrs ) ) and joint air-to-surface standoff missile , partially offset by increased deliveries for hellfire .\nthese decreases were partially offset by higher net sales of approximately $ 55 million for energy solutions programs due to increased volume .\nmfc 2019s operating profit in 2015 decreased $ 62 million , or 5% ( 5 % ) , compared to 2014 .\nthe decrease was attributable to lower operating profit of approximately $ 100 million for fire control programs due primarily to lower risk retirements ( primarily lantirn and sniper ) ; and approximately $ 65 million for tactical missile programs due to lower risk retirements ( primarily hellfire and gmlrs ) and fewer deliveries .\nthese decreases were partially offset by higher operating profit of approximately $ 75 million for air and missile defense programs due to increased risk retirements ( primarily thaad ) .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 60 million lower in 2015 compared to 2014 .\nbacklog backlog decreased in 2016 compared to 2015 primarily due to lower orders on pac-3 , hellfire , and jassm .\nbacklog increased in 2015 compared to 2014 primarily due to higher orders on pac-3 , lantirn/sniper and certain tactical missile programs , partially offset by lower orders on thaad .\ntrends we expect mfc 2019s net sales to increase in the mid-single digit percentage range in 2017 as compared to 2016 driven primarily by our air and missile defense programs .\noperating profit is expected to be flat or increase slightly .\naccordingly , operating profit margin is expected to decline from 2016 levels as a result of contract mix and fewer risk retirements in 2017 compared to 2016 .\nrotary and mission systems as previously described , on november 6 , 2015 , we acquired sikorsky and aligned the sikorsky business under our rms business segment .\nthe 2015 results of the acquired sikorsky business have been included in our financial results from the november 6 , 2015 acquisition date through december 31 , 2015 .\nas a result , our consolidated operating results and rms business segment operating results for the year ended december 31 , 2015 do not reflect a full year of sikorsky operations .\nour rms business segment provides design , manufacture , service and support for a variety of military and civil helicopters , ship and submarine mission and combat systems ; mission systems and sensors for rotary and fixed-wing aircraft ; sea and land-based missile defense systems ; radar systems ; the littoral combat ship ( lcs ) ; simulation and training services ; and unmanned systems and technologies .\nin addition , rms supports the needs of government customers in cybersecurity and delivers communication and command and control capabilities through complex mission solutions for defense applications .\nrms 2019 major programs include black hawk and seahawk helicopters , aegis combat system ( aegis ) , lcs , space fence , advanced hawkeye radar system , tpq-53 radar system , ch-53k development helicopter , and vh-92a helicopter program .\nrms 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['net sales', '$ 13462', '$ 9091', '$ 8732'], ['operating profit', '906', '844', '936'], ['operating margin', '6.7% ( 6.7 % )', '9.3% ( 9.3 % )', '10.7% ( 10.7 % )'], ['backlog atyear-end', '$ 28400', '$ 30100', '$ 13300']]\n\nFollowing Text:\n2016 compared to 2015 rms 2019 net sales in 2016 increased $ 4.4 billion , or 48% ( 48 % ) , compared to 2015 .\nthe increase was primarily attributable to higher net sales of approximately $ 4.6 billion from sikorsky , which was acquired on november 6 , 2015 .\nnet sales for 2015 include sikorsky 2019s results subsequent to the acquisition date , net of certain revenue adjustments required to account for the acquisition of this business .\nthis increase was partially offset by lower net sales of approximately $ 70 million for training .\n\nQuestion: what are the total operating expenses in 2015?",
        "solution": "8247"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2016/page_30.pdf\n\nID: DISCA/2016/page_30.pdf-4\n\nPrevious Text:\ndecember 31 , december 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['', 'december 312011', 'december 312012', 'december 312013', 'december 312014', 'december 312015', 'december 312016'], ['disca', '$ 100.00', '$ 154.94', '$ 220.70', '$ 168.17', '$ 130.24', '$ 133.81'], ['discb', '$ 100.00', '$ 150.40', '$ 217.35', '$ 175.04', '$ 127.80', '$ 137.83'], ['disck', '$ 100.00', '$ 155.17', '$ 222.44', '$ 178.89', '$ 133.79', '$ 142.07'], ['s&p 500', '$ 100.00', '$ 113.41', '$ 146.98', '$ 163.72', '$ 162.53', '$ 178.02'], ['peer group', '$ 100.00', '$ 134.98', '$ 220.77', '$ 253.19', '$ 243.93', '$ 271.11']]\n\nFollowing Text:\nequity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2017 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference .\nitem 6 .\nselected financial data .\nthe table set forth below presents our selected financial information for each of the past five years ( in millions , except per share amounts ) .\nthe selected statement of operations information for each of the three years ended december 31 , 2016 and the selected balance sheet information as of december 31 , 2016 and 2015 have been derived from and should be read in conjunction with the information in item 7 , 201cmanagement 2019s discussion and analysis of financial condition and results of operations , 201d the audited consolidated financial statements included in item 8 , 201cfinancial statements and supplementary data , 201d and other financial information included elsewhere in this annual report on form 10-k .\nthe selected statement of operations information for each of the two years ended december 31 , 2013 and 2012 and the selected balance sheet information as of december 31 , 2014 , 2013 and 2012 have been derived from financial statements not included in this annual report on form 10-k .\n2016 2015 2014 2013 2012 selected statement of operations information : revenues $ 6497 $ 6394 $ 6265 $ 5535 $ 4487 operating income 2058 1985 2061 1975 1859 income from continuing operations , net of taxes 1218 1048 1137 1077 956 loss from discontinued operations , net of taxes 2014 2014 2014 2014 ( 11 ) net income 1218 1048 1137 1077 945 net income available to discovery communications , inc .\n1194 1034 1139 1075 943 basic earnings per share available to discovery communications , inc .\nseries a , b and c common stockholders : continuing operations $ 1.97 $ 1.59 $ 1.67 $ 1.50 $ 1.27 discontinued operations 2014 2014 2014 2014 ( 0.01 ) net income 1.97 1.59 1.67 1.50 1.25 diluted earnings per share available to discovery communications , inc .\nseries a , b and c common stockholders : continuing operations $ 1.96 $ 1.58 $ 1.66 $ 1.49 $ 1.26 discontinued operations 2014 2014 2014 2014 ( 0.01 ) net income 1.96 1.58 1.66 1.49 1.24 weighted average shares outstanding : basic 401 432 454 484 498 diluted 610 656 687 722 759 selected balance sheet information : cash and cash equivalents $ 300 $ 390 $ 367 $ 408 $ 1201 total assets 15758 15864 15970 14934 12892 long-term debt : current portion 82 119 1107 17 31 long-term portion 7841 7616 6002 6437 5174 total liabilities 10348 10172 9619 8701 6599 redeemable noncontrolling interests 243 241 747 36 2014 equity attributable to discovery communications , inc .\n5167 5451 5602 6196 6291 total equity $ 5167 $ 5451 $ 5604 $ 6197 $ 6293 2022 income per share amounts may not sum since each is calculated independently .\n2022 on september 30 , 2016 , the company recorded an other-than-temporary impairment of $ 62 million related to its investment in lionsgate .\non december 2 , 2016 , the company acquired a 39% ( 39 % ) minority interest in group nine media , a newly formed media holding company , in exchange for contributions of $ 100 million and the company's digital network businesses seeker and sourcefed , resulting in a gain of $ 50 million upon deconsolidation of the businesses .\n( see note 4 to the accompanying consolidated financial statements. ) .\n\nQuestion: what was the percentage cumulative total shareholder return on discb for the five year period ended december 31 , 2016?",
        "solution": "37.83%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2011/page_78.pdf\n\nID: UNP/2011/page_78.pdf-2\n\nPrevious Text:\ndebt maturities 2013 the following table presents aggregate debt maturities as of december 31 , 2011 , excluding market value adjustments : millions .\n\nTable Data:\n[['2012', '$ 309'], ['2013', '636'], ['2014', '706'], ['2015', '467'], ['2016', '517'], ['thereafter', '6271'], ['total debt', '$ 8906']]\n\nFollowing Text:\nas of both december 31 , 2011 and december 31 , 2010 , we have reclassified as long-term debt approximately $ 100 million of debt due within one year that we intend to refinance .\nthis reclassification reflects our ability and intent to refinance any short-term borrowings and certain current maturities of long- term debt on a long-term basis .\nmortgaged properties 2013 equipment with a carrying value of approximately $ 2.9 billion and $ 3.2 billion at december 31 , 2011 and 2010 , respectively , served as collateral for capital leases and other types of equipment obligations in accordance with the secured financing arrangements utilized to acquire such railroad equipment .\nas a result of the merger of missouri pacific railroad company ( mprr ) with and into uprr on january 1 , 1997 , and pursuant to the underlying indentures for the mprr mortgage bonds , uprr must maintain the same value of assets after the merger in order to comply with the security requirements of the mortgage bonds .\nas of the merger date , the value of the mprr assets that secured the mortgage bonds was approximately $ 6.0 billion .\nin accordance with the terms of the indentures , this collateral value must be maintained during the entire term of the mortgage bonds irrespective of the outstanding balance of such bonds .\ncredit facilities 2013 during the second quarter of 2011 , we replaced our $ 1.9 billion revolving credit facility , which was scheduled to expire in april 2012 , with a new $ 1.8 billion facility that expires in may 2015 ( the facility ) .\nthe facility is based on substantially similar terms as those in the previous credit facility .\non december 31 , 2011 , we had $ 1.8 billion of credit available under the facility , which is designated for general corporate purposes and supports the issuance of commercial paper .\nwe did not draw on either facility during 2011 .\ncommitment fees and interest rates payable under the facility are similar to fees and rates available to comparably rated , investment-grade borrowers .\nthe facility allows for borrowings at floating rates based on london interbank offered rates , plus a spread , depending upon our senior unsecured debt ratings .\nthe facility requires the corporation to maintain a debt-to-net-worth coverage ratio as a condition to making a borrowing .\nat december 31 , 2011 , and december 31 , 2010 ( and at all times during the year ) , we were in compliance with this covenant .\nthe definition of debt used for purposes of calculating the debt-to-net-worth coverage ratio includes , among other things , certain credit arrangements , capital leases , guarantees and unfunded and vested pension benefits under title iv of erisa .\nat december 31 , 2011 , the debt-to-net-worth coverage ratio allowed us to carry up to $ 37.2 billion of debt ( as defined in the facility ) , and we had $ 9.5 billion of debt ( as defined in the facility ) outstanding at that date .\nunder our current capital plans , we expect to continue to satisfy the debt-to-net-worth coverage ratio ; however , many factors beyond our reasonable control ( including the risk factors in item 1a of this report ) could affect our ability to comply with this provision in the future .\nthe facility does not include any other financial restrictions , credit rating triggers ( other than rating-dependent pricing ) , or any other provision that could require us to post collateral .\nthe facility also includes a $ 75 million cross-default provision and a change-of-control provision .\nduring 2011 , we did not issue or repay any commercial paper and , at december 31 , 2011 , we had no commercial paper outstanding .\noutstanding commercial paper balances are supported by our revolving credit facility but do not reduce the amount of borrowings available under the facility .\ndividend restrictions 2013 our revolving credit facility includes a debt-to-net worth covenant ( discussed in the credit facilities section above ) that , under certain circumstances , restricts the payment of cash .\n\nQuestion: at december 31 , 2011 , what is the additional borrowing capacity in billions pursuant to the current debt coverage restrictions?",
        "solution": "27.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2011/page_112.pdf\n\nID: ADBE/2011/page_112.pdf-3\n\nPrevious Text:\nthe following table sets forth the components of foreign currency translation adjustments for fiscal 2011 , 2010 and 2009 ( in thousands ) : beginning balance foreign currency translation adjustments income tax effect relating to translation adjustments for undistributed foreign earnings ending balance $ 7632 ( 2208 ) $ 10580 $ 10640 ( 4144 ) $ 7632 $ ( 431 ) 17343 ( 6272 ) $ 10640 stock repurchase program to facilitate our stock repurchase program , designed to return value to our stockholders and minimize dilution from stock issuances , we repurchase shares in the open market and also enter into structured repurchase agreements with third-parties .\nauthorization to repurchase shares to cover on-going dilution was not subject to expiration .\nhowever , this repurchase program was limited to covering net dilution from stock issuances and was subject to business conditions and cash flow requirements as determined by our board of directors from time to time .\nduring the third quarter of fiscal 2010 , our board of directors approved an amendment to our stock repurchase program authorized in april 2007 from a non-expiring share-based authority to a time-constrained dollar-based authority .\nas part of this amendment , the board of directors granted authority to repurchase up to $ 1.6 billion in common stock through the end of fiscal 2012 .\nthis amended program did not affect the $ 250.0 million structured stock repurchase agreement entered into during march 2010 .\nas of december 3 , 2010 , no prepayments remain under that agreement .\nduring fiscal 2011 , 2010 and 2009 , we entered into several structured repurchase agreements with large financial institutions , whereupon we provided the financial institutions with prepayments totaling $ 695.0 million , $ 850.0 million and $ 350.0 million , respectively .\nof the $ 850.0 million of prepayments during fiscal 2010 , $ 250.0 million was under the stock repurchase program prior to the program amendment and the remaining $ 600.0 million was under the amended $ 1.6 billion time-constrained dollar- based authority .\nwe enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the volume weighted average price ( 201cvwap 201d ) of our common stock over a specified period of time .\nwe only enter into such transactions when the discount that we receive is higher than the foregone return on our cash prepayments to the financial institutions .\nthere were no explicit commissions or fees on these structured repurchases .\nunder the terms of the agreements , there is no requirement for the financial institutions to return any portion of the prepayment to us .\nthe financial institutions agree to deliver shares to us at monthly intervals during the contract term .\nthe parameters used to calculate the number of shares deliverable are : the total notional amount of the contract , the number of trading days in the contract , the number of trading days in the interval and the average vwap of our stock during the interval less the agreed upon discount .\nduring fiscal 2011 , we repurchased approximately 21.8 million shares at an average price of $ 31.81 through structured repurchase agreements entered into during fiscal 2011 .\nduring fiscal 2010 , we repurchased approximately 31.2 million shares at an average price of $ 29.19 through structured repurchase agreements entered into during fiscal 2009 and fiscal 2010 .\nduring fiscal 2009 , we repurchased approximately 15.2 million shares at an average price per share of $ 27.89 through structured repurchase agreements entered into during fiscal 2008 and fiscal 2009 .\nfor fiscal 2011 , 2010 and 2009 , the prepayments were classified as treasury stock on our consolidated balance sheets at the payment date , though only shares physically delivered to us by december 2 , 2011 , december 3 , 2010 and november 27 , 2009 were excluded from the computation of earnings per share .\nas of december 2 , 2011 and december 3 , 2010 , no prepayments remained under these agreements .\nas of november 27 , 2009 , approximately $ 59.9 million of prepayments remained under these agreements .\nsubsequent to december 2 , 2011 , as part of our $ 1.6 billion stock repurchase program , we entered into a structured stock repurchase agreement with a large financial institution whereupon we provided them with a prepayment of $ 80.0 million .\nthis amount will be classified as treasury stock on our consolidated balance sheets .\nupon completion of the $ 80.0 million stock table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) jarcamo typewritten text .\n\nTable Data:\n[['', '2011', '2010', '2009'], ['beginning balance', '$ 7632', '$ 10640', '$ -431 ( 431 )'], ['foreign currency translation adjustments', '5156', '-4144 ( 4144 )', '17343'], ['income tax effect relating to translation adjustments forundistributed foreign earnings', '-2208 ( 2208 )', '1136', '-6272 ( 6272 )'], ['ending balance', '$ 10580', '$ 7632', '$ 10640']]\n\nFollowing Text:\nthe following table sets forth the components of foreign currency translation adjustments for fiscal 2011 , 2010 and 2009 ( in thousands ) : beginning balance foreign currency translation adjustments income tax effect relating to translation adjustments for undistributed foreign earnings ending balance $ 7632 ( 2208 ) $ 10580 $ 10640 ( 4144 ) $ 7632 $ ( 431 ) 17343 ( 6272 ) $ 10640 stock repurchase program to facilitate our stock repurchase program , designed to return value to our stockholders and minimize dilution from stock issuances , we repurchase shares in the open market and also enter into structured repurchase agreements with third-parties .\nauthorization to repurchase shares to cover on-going dilution was not subject to expiration .\nhowever , this repurchase program was limited to covering net dilution from stock issuances and was subject to business conditions and cash flow requirements as determined by our board of directors from time to time .\nduring the third quarter of fiscal 2010 , our board of directors approved an amendment to our stock repurchase program authorized in april 2007 from a non-expiring share-based authority to a time-constrained dollar-based authority .\nas part of this amendment , the board of directors granted authority to repurchase up to $ 1.6 billion in common stock through the end of fiscal 2012 .\nthis amended program did not affect the $ 250.0 million structured stock repurchase agreement entered into during march 2010 .\nas of december 3 , 2010 , no prepayments remain under that agreement .\nduring fiscal 2011 , 2010 and 2009 , we entered into several structured repurchase agreements with large financial institutions , whereupon we provided the financial institutions with prepayments totaling $ 695.0 million , $ 850.0 million and $ 350.0 million , respectively .\nof the $ 850.0 million of prepayments during fiscal 2010 , $ 250.0 million was under the stock repurchase program prior to the program amendment and the remaining $ 600.0 million was under the amended $ 1.6 billion time-constrained dollar- based authority .\nwe enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the volume weighted average price ( 201cvwap 201d ) of our common stock over a specified period of time .\nwe only enter into such transactions when the discount that we receive is higher than the foregone return on our cash prepayments to the financial institutions .\nthere were no explicit commissions or fees on these structured repurchases .\nunder the terms of the agreements , there is no requirement for the financial institutions to return any portion of the prepayment to us .\nthe financial institutions agree to deliver shares to us at monthly intervals during the contract term .\nthe parameters used to calculate the number of shares deliverable are : the total notional amount of the contract , the number of trading days in the contract , the number of trading days in the interval and the average vwap of our stock during the interval less the agreed upon discount .\nduring fiscal 2011 , we repurchased approximately 21.8 million shares at an average price of $ 31.81 through structured repurchase agreements entered into during fiscal 2011 .\nduring fiscal 2010 , we repurchased approximately 31.2 million shares at an average price of $ 29.19 through structured repurchase agreements entered into during fiscal 2009 and fiscal 2010 .\nduring fiscal 2009 , we repurchased approximately 15.2 million shares at an average price per share of $ 27.89 through structured repurchase agreements entered into during fiscal 2008 and fiscal 2009 .\nfor fiscal 2011 , 2010 and 2009 , the prepayments were classified as treasury stock on our consolidated balance sheets at the payment date , though only shares physically delivered to us by december 2 , 2011 , december 3 , 2010 and november 27 , 2009 were excluded from the computation of earnings per share .\nas of december 2 , 2011 and december 3 , 2010 , no prepayments remained under these agreements .\nas of november 27 , 2009 , approximately $ 59.9 million of prepayments remained under these agreements .\nsubsequent to december 2 , 2011 , as part of our $ 1.6 billion stock repurchase program , we entered into a structured stock repurchase agreement with a large financial institution whereupon we provided them with a prepayment of $ 80.0 million .\nthis amount will be classified as treasury stock on our consolidated balance sheets .\nupon completion of the $ 80.0 million stock table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) jarcamo typewritten text .\n\nQuestion: what is the growth rate in the average price of repurchased shares from 2009 to 2010?",
        "solution": "4.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2010/page_82.pdf\n\nID: AMT/2010/page_82.pdf-3\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements recognizing customer revenue , the company must assess the collectability of both the amounts billed and the portion recognized on a straight-line basis .\nthis assessment takes customer credit risk and business and industry conditions into consideration to ultimately determine the collectability of the amounts billed .\nto the extent the amounts , based on management 2019s estimates , may not be collectible , recognition is deferred until such point as the uncertainty is resolved .\nany amounts which were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense .\naccounts receivable are reported net of allowances for doubtful accounts related to estimated losses resulting from a customer 2019s inability to make required payments and reserves for amounts invoiced whose collectability is not reasonably assured .\nthese allowances are generally estimated based on payment patterns , days past due and collection history , and incorporate changes in economic conditions that may not be reflected in historical trends , such as customers in bankruptcy , liquidation or reorganization .\nreceivables are written-off against the allowances when they are determined uncollectible .\nsuch determination includes analysis and consideration of the particular conditions of the account .\nchanges in the allowances were as follows for the years ended december 31 , ( in thousands ) : .\n\nTable Data:\n[['', '2010', '2009', '2008'], ['balance as of january 1,', '$ 28520', '$ 11482', '$ 8850'], ['current year increases', '16219', '26771', '12059'], ['recoveries and other', '-22234 ( 22234 )', '-9733 ( 9733 )', '-9427 ( 9427 )'], ['balance as of december 31,', '$ 22505', '$ 28520', '$ 11482']]\n\nFollowing Text:\nthe company 2019s largest international customer is iusacell , which is the brand name under which a group of companies controlled by grupo iusacell , s.a .\nde c.v .\n( 201cgrupo iusacell 201d ) operates .\niusacell represented approximately 4% ( 4 % ) of the company 2019s total revenue for the year ended december 31 , 2010 .\ngrupo iusacell has been engaged in a refinancing of a majority of its u.s .\ndollar denominated debt , and in connection with this process , two of the legal entities of the group , including grupo iusacell , voluntarily filed for a pre-packaged concurso mercantil ( a process substantially equivalent to chapter 11 of u.s .\nbankruptcy law ) with the backing of a majority of their financial creditors in december 2010 .\nas of december 31 , 2010 , iusacell notes receivable , net , and related assets ( which include financing lease commitments and a deferred rent asset that are primarily long-term in nature ) were $ 19.7 million and $ 51.2 million , respectively .\nfunctional currency 2014as a result of changes to the organizational structure of the company 2019s subsidiaries in latin america in 2010 , the company determined that effective january 1 , 2010 , the functional currency of its foreign subsidiary in brazil is the brazilian real .\nfrom that point forward , all assets and liabilities held by the subsidiary in brazil are translated into u.s .\ndollars at the exchange rate in effect at the end of the applicable reporting period .\nrevenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity .\nthe change in functional currency from u.s .\ndollars to brazilian real gave rise to an increase in the net value of certain non-monetary assets and liabilities .\nthe aggregate impact on such assets and liabilities was $ 39.8 million with an offsetting increase in accumulated other comprehensive income ( loss ) .\nas a result of the renegotiation of the company 2019s agreements with its largest international customer , iusacell , which included , among other changes , converting all of iusacell 2019s contractual obligations to the company from u.s .\ndollars to mexican pesos , the company has determined that effective april 1 , 2010 , the functional currency of certain of its foreign subsidiaries in mexico is the mexican peso .\nfrom that point forward , all assets and liabilities held by those subsidiaries in mexico are translated into u.s .\ndollars at the exchange rate in effect at the end of the applicable reporting period .\nrevenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity .\nthe change in functional .\n\nQuestion: in 2009 what was the percentage change in the allowance balance for the uncollectable accounts",
        "solution": "148%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: V/2008/page_165.pdf\n\nID: V/2008/page_165.pdf-1\n\nPrevious Text:\nvisa inc .\nnotes to consolidated financial statements 2014 ( continued ) september 30 , 2008 ( in millions , except as noted ) require the company to redeem all class c ( series ii ) common stock at any time after december 4 , 2008 .\ntherefore , in march 2008 , the company reclassified all class c ( series ii ) common stock at its then fair value of $ 1.125 billion to temporary equity on the company 2019s consolidated balance sheet with a corresponding reduction in additional paid-in-capital of $ 1.104 billion and accumulated income ( deficit ) of $ 21 million .\nthe company accreted this stock to its redemption price of $ 1.146 billion , adjusted for dividends and certain other adjustments , on a straight-line basis , from march 2008 to october 2008 through accumulated income .\nsee note 4 2014visa europe for a roll-forward of the balance of class c ( series ii ) common stock .\nthe following table sets forth the number of shares of common stock issued and outstanding by class at september 30 , 2008 and the impact of the october 2008 redemptions and subsequent conversion of the remaining outstanding shares of class c ( series iii and series iv ) to class c ( series i ) shares and the number of shares of common stock issued and outstanding after the october 2008 redemptions in total and on as converted basis : shares issued and outstanding september 30 , october 2008 redemptions conversion to class c ( series i ) following immediate conversion to class c ( series i ) converted post october redemptions .\n\nTable Data:\n[['shares issued and outstanding', 'at september 30 2008', 'october 2008 redemptions', 'conversion to class c ( series i )', 'following immediate conversion to class c ( series i )', 'as converted post october 2008 redemptions'], ['class a common stock', '447746261', '2014', '2014', '447746261', '447746261'], ['class b common stock ( 1 )', '245513385', '2014', '2014', '245513385', '175367482'], ['class c ( series i ) common stock', '124097105', '2014', '27499203', '151596308', '151596308'], ['class c ( series ii ) common stock', '79748857', '-79748857 ( 79748857 )', '2014', '2014', '2014'], ['class c ( series iii ) common stock', '62213201', '-35263585 ( 35263585 )', '-26949616 ( 26949616 )', '2014', '2014'], ['class c ( series iv ) common stock', '549587', '2014', '-549587 ( 549587 )', '2014', '2014'], ['total shares issued and outstanding', '959868396', '-115012442 ( 115012442 )', '2014', '844855954', '774710051']]\n\nFollowing Text:\n( 1 ) all voting and dividend payment rights are based on the number of shares held multiplied by the applicable conversion rate in effect on the record date , as discussed below .\nsubsequent to the ipo and as a result of the initial funding of the litigation escrow account , the conversion rate applicable to class b common stock was approximately 0.71 shares of class a common stock for each share of class b common stock .\nspecial ipo cash and stock dividends received from cost method investees , net of tax several of the company 2019s cost method investees are also holders of class c ( series i ) common stock and therefore participated in the initial share redemption in march 2008 .\ncertain of these investees elected to declare a special cash dividend to return to their owners on a pro rata basis , the proceeds received as a result of the redemption of a portion of their class c ( series i ) common stock .\nthe dividends represent the return of redemption proceeds .\nas a result of the company 2019s ownership interest in these cost method investees , the company received approximately $ 21 million of special dividends from these investees during the third fiscal quarter and recorded a receivable of $ 8 million in prepaid and other assets on its consolidated balance sheet at september 30 , 2008 for a dividend declared by these investees during the fourth fiscal quarter .\nin addition , another investee elected to distribute its entire ownership in the company 2019s class c ( series i ) common stock through the distribution of these shares to its investors on a pro rata basis .\nas a result , the company received 525443 shares of its own class c ( series i ) common stock during the fourth fiscal quarter and recorded $ 35 million in treasury stock .\nthe value of the treasury stock was calculated based on sales prices of other recent class c ( series i ) stock transactions by other class c .\n\nQuestion: what portion of the total shares issued and outstanding are class a common stock?",
        "solution": "46.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2015/page_111.pdf\n\nID: ETR/2015/page_111.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements the ferc proceedings that resulted from rate filings made in 2007 , 2008 , and 2009 have been resolved by various orders issued by the ferc and appellate courts .\nsee below for a discussion of rate filings since 2009 and the comprehensive recalculation filing directed by the ferc in the proceeding related to the 2010 rate filing .\n2010 rate filing based on calendar year 2009 production costs in may 2010 , entergy filed with the ferc the 2010 rates in accordance with the ferc 2019s orders in the system agreement proceeding , and supplemented the filing in september 2010 .\nseveral parties intervened in the proceeding at the ferc , including the lpsc and the city council , which also filed protests .\nin july 2010 the ferc accepted entergy 2019s proposed rates for filing , effective june 1 , 2010 , subject to refund , and set the proceeding for hearing and settlement procedures .\nsettlement procedures have been terminated , and the alj scheduled hearings to begin in march 2011 .\nsubsequently , in january 2011 the alj issued an order directing the parties and ferc staff to show cause why this proceeding should not be stayed pending the issuance of ferc decisions in the prior production cost proceedings currently before the ferc on review .\nin march 2011 the alj issued an order placing this proceeding in abeyance .\nin october 2013 the ferc issued an order granting clarification and denying rehearing with respect to its october 2011 rehearing order in this proceeding .\nthe ferc clarified that in a bandwidth proceeding parties can challenge erroneous inputs , implementation errors , or prudence of cost inputs , but challenges to the bandwidth formula itself must be raised in a federal power act section 206 complaint or section 205 filing .\nsubsequently in october 2013 the presiding alj lifted the stay order holding in abeyance the hearing previously ordered by the ferc and directing that the remaining issues proceed to a hearing on the merits .\nthe hearing was held in march 2014 and the presiding alj issued an initial decision in september 2014 .\nbriefs on exception were filed in october 2014 .\nin december 2015 the ferc issued an order affirming the initial decision in part and rejecting the initial decision in part .\namong other things , the december 2015 order directs entergy services to submit a compliance filing , the results of which may affect the rough production cost equalization filings made for the june - december 2005 , 2006 , 2007 , and 2008 test periods .\nin january 2016 the lpsc , the apsc , and entergy services filed requests for rehearing of the ferc 2019s december 2015 order .\nin february 2016 , entergy services submitted the compliance filing ordered in the december 2015 order .\nthe result of the true-up payments and receipts for the recalculation of production costs resulted in the following payments/receipts among the utility operating companies : payments ( receipts ) ( in millions ) .\n\nTable Data:\n[['', 'payments ( receipts ) ( in millions )'], ['entergy arkansas', '$ 2'], ['entergy louisiana', '$ 6'], ['entergy mississippi', '( $ 4 )'], ['entergy new orleans', '( $ 1 )'], ['entergy texas', '( $ 3 )']]\n\nFollowing Text:\n2011 rate filing based on calendar year 2010 production costs in may 2011 , entergy filed with the ferc the 2011 rates in accordance with the ferc 2019s orders in the system agreement proceeding .\nseveral parties intervened in the proceeding at the ferc , including the lpsc , which also filed a protest .\nin july 2011 the ferc accepted entergy 2019s proposed rates for filing , effective june 1 , 2011 , subject to refund , set the proceeding for hearing procedures , and then held those procedures in abeyance pending ferc decisions in the prior production cost proceedings currently before the ferc on review .\nin january 2014 the lpsc filed a petition for a writ of mandamus at the united states court of appeals for the fifth circuit .\nin its petition , the lpsc requested that the fifth circuit issue an order compelling the ferc to issue a final order in several proceedings related to the system agreement , including the 2011 rate filing based on calendar year 2010 production costs and the 2012 and 2013 rate filings discussed below .\nin march 2014 the fifth circuit rejected the lpsc 2019s petition for a writ of mandamus .\nin december 2014 the ferc rescinded its earlier abeyance order and consolidated the 2011 rate filing with the 2012 , 2013 .\n\nQuestion: what is the difference in payments between entergy louisiana and entergy arkansas , in millions?",
        "solution": "4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_93.pdf\n\nID: SNA/2013/page_93.pdf-4\n\nPrevious Text:\na valuation allowance totaling $ 45.4 million , $ 43.9 million and $ 40.4 million as of 2013 , 2012 and 2011 year end , respectively , has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized .\nrealization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration .\nalthough realization is not assured , management believes it is more- likely-than-not that the net deferred income tax assets will be realized .\nthe amount of the net deferred income tax assets considered realizable , however , could change in the near term if estimates of future taxable income during the carryforward period fluctuate .\nthe following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for 2013 , 2012 and ( amounts in millions ) 2013 2012 2011 .\n\nTable Data:\n[['( amounts in millions )', '2013', '2012', '2011'], ['unrecognized tax benefits at beginning of year', '$ 6.8', '$ 11.0', '$ 11.1'], ['gross increases 2013 tax positions in prior periods', '1.5', '0.7', '0.5'], ['gross decreases 2013 tax positions in prior periods', '-1.6 ( 1.6 )', '-4.9 ( 4.9 )', '-0.4 ( 0.4 )'], ['gross increases 2013 tax positions in the current period', '0.5', '1.2', '2.8'], ['settlements with taxing authorities', '-2.1 ( 2.1 )', '2013', '-1.2 ( 1.2 )'], ['lapsing of statutes of limitations', '-0.5 ( 0.5 )', '-1.2 ( 1.2 )', '-1.8 ( 1.8 )'], ['unrecognized tax benefits at end of year', '$ 4.6', '$ 6.8', '$ 11.0']]\n\nFollowing Text:\nof the $ 4.6 million , $ 6.8 million and $ 11.0 million of unrecognized tax benefits as of 2013 , 2012 and 2011 year end , respectively , approximately $ 4.6 million , $ 4.1 million and $ 9.1 million , respectively , would impact the effective income tax rate if recognized .\ninterest and penalties related to unrecognized tax benefits are recorded in income tax expense .\nduring 2013 and 2012 , the company reversed a net $ 0.6 million and $ 0.5 million , respectively , of interest and penalties to income associated with unrecognized tax benefits .\nas of 2013 , 2012 and 2011 year end , the company has provided for $ 0.9 million , $ 1.6 million and $ 1.6 million , respectively , of accrued interest and penalties related to unrecognized tax benefits .\nthe unrecognized tax benefits and related accrued interest and penalties are included in 201cother long-term liabilities 201d on the accompanying consolidated balance sheets .\nsnap-on and its subsidiaries file income tax returns in the united states and in various state , local and foreign jurisdictions .\nit is reasonably possible that certain unrecognized tax benefits may either be settled with taxing authorities or the statutes of limitations for such items may lapse within the next 12 months , causing snap-on 2019s gross unrecognized tax benefits to decrease by a range of zero to $ 1.1 million .\nover the next 12 months , snap-on anticipates taking certain tax positions on various tax returns for which the related tax benefit does not meet the recognition threshold .\naccordingly , snap-on 2019s gross unrecognized tax benefits may increase by a range of zero to $ 0.8 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings .\nwith few exceptions , snap-on is no longer subject to u.s .\nfederal and state/local income tax examinations by tax authorities for years prior to 2008 , and snap-on is no longer subject to non-u.s .\nincome tax examinations by tax authorities for years prior to 2006 .\nthe undistributed earnings of all non-u.s .\nsubsidiaries totaled $ 556.0 million , $ 492.2 million and $ 416.4 million as of 2013 , 2012 and 2011 year end , respectively .\nsnap-on has not provided any deferred taxes on these undistributed earnings as it considers the undistributed earnings to be permanently invested .\ndetermination of the amount of unrecognized deferred income tax liability related to these earnings is not practicable .\n2013 annual report 83 .\n\nQuestion: from 2011 to 2013 what was the average gross increases 2013 tax positions in prior periods",
        "solution": "0.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VRTX/2006/page_112.pdf\n\nID: VRTX/2006/page_112.pdf-1\n\nPrevious Text:\nvertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i .\naltus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time .\nthe company was restricted from trading altus securities for a period of six months following the initial public offering .\nwhen the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 .\nadditionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no .\nfas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) .\nin accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million .\nin the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million .\nas a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million .\nin accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 .\nthe company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 .\nj .\naccrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k .\ncommitments the company leases its facilities and certain equipment under non-cancelable operating leases .\nthe company 2019s leases have terms through april 2018 .\nthe term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 .\nthe company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space .\nthis lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 .\nthe company occupies and uses for its operations approximately 120000 square feet of the kendall square facility .\nthe company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 .\nsee note e , 201crestructuring 201d for further information. .\n\nTable Data:\n[['', '2006', '2005'], ['research and development contract costs', '$ 57761', '$ 20098'], ['payroll and benefits', '25115', '15832'], ['professional fees', '3848', '4816'], ['other', '4635', '1315'], ['total', '$ 91359', '$ 42061']]\n\nFollowing Text:\nresearch and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .\n\nQuestion: what was the average price per share , in dollars , of the stock the company sold in august 2006?",
        "solution": "14.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2013/page_33.pdf\n\nID: CDW/2013/page_33.pdf-3\n\nPrevious Text:\n.\n\nTable Data:\n[['', 'june 27 2013', 'december 31 2013'], ['cdw corp', '$ 100', '$ 138'], ['s&p midcap 400 index', '100', '118'], ['cdw peers', '100', '113']]\n\nFollowing Text:\nuse of proceeds from registered securities on july 2 , 2013 , the company completed an ipo of its common stock in which it issued and sold 23250000 shares of common stock .\non july 31 , 2013 , the company completed the sale of an additional 3487500 shares of common stock to the underwriters of the ipo pursuant to the underwriters 2019 july 26 , 2013 exercise in full of the overallotment option granted to them in connection with the ipo .\nsuch shares were registered under the securities act of 1933 , as amended , pursuant to the company 2019s registration statement on form s-1 ( file 333-187472 ) , which was declared effective by the sec on june 26 , 2013 .\nthe shares of common stock are listed on the nasdaq global select market under the symbol 201ccdw . 201d the company 2019s shares of common stock were sold to the underwriters at a price of $ 17.00 per share in the ipo and upon the exercise of the overallotment option , which together , generated aggregate net proceeds of $ 424.7 million to the company after deducting $ 29.8 million in underwriting discounts , expenses and transaction costs .\nusing a portion of the net proceeds from the ipo ( exclusive of proceeds from the exercise of the overallotment option ) , the company paid a $ 24.4 million termination fee to affiliates of madison dearborn partners , llc and providence equity partners , l.l.c .\nin connection with the termination of the management services agreement with such entities that was effective upon completion of the ipo , redeemed $ 175.0 million aggregate principal amount of senior secured notes due 2018 , and redeemed $ 146.0 million aggregate principal amount of senior subordinated notes due 2017 .\nthe redemption price of the senior secured notes due 2018 was 108.0% ( 108.0 % ) of the principal amount redeemed , plus accrued and unpaid interest to the date of redemption .\nthe company used cash on hand to pay such accrued and unpaid interest .\nthe redemption price of the senior subordinated notes due 2017 was 106.268% ( 106.268 % ) of the principal amount redeemed , plus accrued and unpaid interest to the date of redemption .\nthe company used cash on hand to pay such accrued and unpaid interest .\non october 18 , 2013 , proceeds from the overallotment option exercise of $ 56.0 million and cash on hand were used to redeem $ 155.0 million aggregate principal amount of senior subordinated notes due 2017 .\nthe redemption price of the senior subordinated notes due 2017 was 104.178% ( 104.178 % ) of the principal amount redeemed , plus accrued and unpaid interest to the date of redemption .\nthe company used cash on hand to pay such redemption premium and accrued and unpaid interest .\nj.p .\nmorgan securities llc , barclays capital inc .\nand goldman , sachs & co .\nacted as joint book-running managers of the ipo and as representatives of the underwriters .\ndeutsche bank securities inc .\nand morgan stanley & co .\nllc acted as additional book-running managers in the ipo .\nrobert w .\nbaird & co .\nincorporated , raymond james & associates , inc. , william blair & company , l.l.c. , needham & company , llc , stifel , nicolaus & company , incorporated , loop capital markets llc and the williams capital group , l.p .\nacted as managing underwriters in the ipo. .\n\nQuestion: what were total generated aggregate proceeds to the company prior to deducting underwriting discounts , expenses and transaction costs , in millions?",
        "solution": "454.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2011/page_35.pdf\n\nID: UNP/2011/page_35.pdf-4\n\nPrevious Text:\nliquidity and capital resources as of december 31 , 2011 , our principal sources of liquidity included cash , cash equivalents , our receivables securitization facility , and our revolving credit facility , as well as the availability of commercial paper and other sources of financing through the capital markets .\nwe had $ 1.8 billion of committed credit available under our credit facility , with no borrowings outstanding as of december 31 , 2011 .\nwe did not make any borrowings under this facility during 2011 .\nthe value of the outstanding undivided interest held by investors under the receivables securitization facility was $ 100 million as of december 31 , 2011 , and is included in our consolidated statements of financial position as debt due after one year .\nthe receivables securitization facility obligates us to maintain an investment grade bond rating .\nif our bond rating were to deteriorate , it could have an adverse impact on our liquidity .\naccess to commercial paper as well as other capital market financings is dependent on market conditions .\ndeterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to access capital markets as a source of liquidity .\naccess to liquidity through the capital markets is also dependent on our financial stability .\nwe expect that we will continue to have access to liquidity by issuing bonds to public or private investors based on our assessment of the current condition of the credit markets .\nat december 31 , 2011 and 2010 , we had a working capital surplus .\nthis reflects a strong cash position , which provides enhanced liquidity in an uncertain economic environment .\nin addition , we believe we have adequate access to capital markets to meet cash requirements , and we have sufficient financial capacity to satisfy our current liabilities .\ncash flows millions 2011 2010 2009 .\n\nTable Data:\n[['cash flowsmillions', '2011', '2010', '2009'], ['cash provided by operating activities', '$ 5873', '$ 4105', '$ 3204'], ['cash used in investing activities', '-3119 ( 3119 )', '-2488 ( 2488 )', '-2145 ( 2145 )'], ['cash used in financing activities', '-2623 ( 2623 )', '-2381 ( 2381 )', '-458 ( 458 )'], ['net change in cash and cashequivalents', '$ 131', '$ -764 ( 764 )', '$ 601']]\n\nFollowing Text:\noperating activities higher net income and lower cash income tax payments in 2011 increased cash provided by operating activities compared to 2010 .\nthe tax relief , unemployment insurance reauthorization , and job creation act of 2010 , enacted in december 2010 , provided for 100% ( 100 % ) bonus depreciation for qualified investments made during 2011 , and 50% ( 50 % ) bonus depreciation for qualified investments made during 2012 .\nas a result of the act , the company deferred a substantial portion of its 2011 income tax expense .\nthis deferral decreased 2011 income tax payments , thereby contributing to the positive operating cash flow .\nin future years , however , additional cash will be used to pay income taxes that were previously deferred .\nin addition , the adoption of a new accounting standard in january of 2010 changed the accounting treatment for our receivables securitization facility from a sale of undivided interests ( recorded as an operating activity ) to a secured borrowing ( recorded as a financing activity ) , which decreased cash provided by operating activities by $ 400 million in 2010 .\nhigher net income in 2010 increased cash provided by operating activities compared to 2009 .\ninvesting activities higher capital investments partially offset by higher proceeds from asset sales in 2011 drove the increase in cash used in investing activities compared to 2010 .\nhigher capital investments and lower proceeds from asset sales in 2010 drove the increase in cash used in investing activities compared to 2009. .\n\nQuestion: what was the change in cash provided by operating activities from 2009 to 2010 , in millions?",
        "solution": "901"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2008/page_113.pdf\n\nID: MA/2008/page_113.pdf-4\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2018 including those payments expected to be paid from the company 2019s general assets .\nsince the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefits payments. .\n\nTable Data:\n[['2009', '$ 19766'], ['2010', '18182'], ['2011', '25518'], ['2012', '21029'], ['2013', '24578'], ['2014 2013 2018', '118709']]\n\nFollowing Text:\nsubstantially all of the company 2019s u.s .\nemployees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company .\nthe savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines .\nthe company matches a percentage of employees 2019 contributions up to certain limits .\nin 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year .\nbeginning in 2008 , the discretionary profit sharing amount related to 2007 company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan .\nin addition , the company has several defined contribution plans outside of the united states .\nthe company 2019s contribution expense related to all of its defined contribution plans was $ 35341 , $ 26996 and $ 43594 for 2008 , 2007 and 2006 , respectively .\nthe company had a value appreciation program ( 201cvap 201d ) , which was an incentive compensation plan established in 1995 .\nannual awards were granted to vap participants from 1995 through 1998 , which entitled participants to the net appreciation on a portfolio of securities of members of mastercard international .\nin 1999 , the vap was replaced by an executive incentive plan ( 201ceip 201d ) and the senior executive incentive plan ( 201cseip 201d ) ( together the 201ceip plans 201d ) ( see note 16 ( share based payments and other benefits ) ) .\ncontributions to the vap have been discontinued , all plan assets have been disbursed and no vap liability remained as of december 31 , 2008 .\nthe company 2019s liability related to the vap at december 31 , 2007 was $ 986 .\nthe expense ( benefit ) was $ ( 6 ) , $ ( 267 ) and $ 3406 for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nnote 12 .\npostemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s .\nemployees and retirees hired before july 1 , 2007 .\nthe company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 .\nthe impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007. .\n\nQuestion: what is the ratio of the expected benefit payments for 2009 to 2010",
        "solution": "1.087"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2016/page_333.pdf\n\nID: C/2016/page_333.pdf-1\n\nPrevious Text:\nperformance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 77787 common stockholders of record as of january 31 , 2017 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2016 .\nthe graph and table assume that $ 100 was invested on december 31 , 2011 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested .\ncomparison of five-year cumulative total return for the years ended date citi s&p 500 financials .\n\nTable Data:\n[['date', 'citi', 's&p 500', 's&p financials'], ['31-dec-2011', '100.0', '100.0', '100.0'], ['31-dec-2012', '150.6', '116.0', '128.8'], ['31-dec-2013', '198.5', '153.6', '174.7'], ['31-dec-2014', '206.3', '174.6', '201.3'], ['31-dec-2015', '197.8', '177.0', '198.2'], ['31-dec-2016', '229.3', '198.2', '243.4']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage cumulative total return for citi common stock for the five years ended december 31 , 2016?",
        "solution": "129.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLL/2007/page_46.pdf\n\nID: BLL/2007/page_46.pdf-4\n\nPrevious Text:\npage 30 of 94 are included in capital spending amounts .\nanother example is the company 2019s decision in 2007 to contribute an additional $ 44.5 million ( $ 27.3 million ) to its pension plans as part of its overall debt reduction plan .\nbased on this , our consolidated free cash flow is summarized as follows: .\n\nTable Data:\n[['( $ in millions )', '2007', '2006', '2005'], ['cash flows from operating activities', '$ 673.0', '$ 401.4', '$ 558.8'], ['incremental pension funding net of tax', '27.3', '2013', '2013'], ['capital spending', '-308.5 ( 308.5 )', '-279.6 ( 279.6 )', '-291.7 ( 291.7 )'], ['proceeds for replacement of fire-damaged assets', '48.6', '61.3', '2013'], ['free cash flow', '$ 440.4', '$ 183.1', '$ 267.1']]\n\nFollowing Text:\nbased on information currently available , we estimate cash flows from operating activities for 2008 to be approximately $ 650 million , capital spending to be approximately $ 350 million and free cash flow to be in the $ 300 million range .\ncapital spending of $ 259.9 million ( net of $ 48.6 million in insurance recoveries ) in 2007 was below depreciation and amortization expense of $ 281 million .\nwe continue to invest capital in our best performing operations , including projects to increase custom can capabilities , improve beverage can and end making productivity and add more beverage can capacity in europe , as well as expenditures in the aerospace and technologies segment .\nof the $ 350 million of planned capital spending for 2008 , approximately $ 180 million will be spent on top-line sales growth projects .\ndebt facilities and refinancing interest-bearing debt at december 31 , 2007 , decreased $ 93.1 million to $ 2358.6 million from $ 2451.7 million at december 31 , 2006 .\nthe 2007 debt decrease from 2006 was primarily attributed to debt payments offset by higher foreign exchange rates .\nat december 31 , 2007 , $ 705 million was available under the company 2019s multi-currency revolving credit facilities .\nthe company also had $ 345 million of short-term uncommitted credit facilities available at the end of the year , of which $ 49.7 million was outstanding .\non october 13 , 2005 , ball refinanced its senior secured credit facilities and during the third and fourth quarters of 2005 , ball redeemed its 7.75% ( 7.75 % ) senior notes due august 2006 primarily through the drawdown of funds under the new credit facilities .\nthe refinancing and redemption resulted in a pretax debt refinancing charge of $ 19.3 million ( $ 12.3 million after tax ) to reflect the call premium associated with the senior notes and the write off of unamortized debt issuance costs .\nthe company has a receivables sales agreement that provides for the ongoing , revolving sale of a designated pool of trade accounts receivable of ball 2019s north american packaging operations , up to $ 250 million .\nthe agreement qualifies as off-balance sheet financing under the provisions of statement of financial accounting standards ( sfas ) no .\n140 , as amended by sfas no .\n156 .\nnet funds received from the sale of the accounts receivable totaled $ 170 million and $ 201.3 million at december 31 , 2007 and 2006 , respectively , and are reflected as a reduction of accounts receivable in the consolidated balance sheets .\nthe company was not in default of any loan agreement at december 31 , 2007 , and has met all payment obligations .\nthe u.s .\nnote agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness .\nadditional details about the company 2019s receivables sales agreement and debt are available in notes 7 and 13 , respectively , accompanying the consolidated financial statements within item 8 of this report. .\n\nQuestion: what is the percentage change in cash flow from operating activities from 2006 to 2007?",
        "solution": "67.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_105.pdf\n\nID: C/2008/page_105.pdf-4\n\nPrevious Text:\nsources of liquidity primary sources of liquidity for citigroup and its principal subsidiaries include : 2022 deposits ; 2022 collateralized financing transactions ; 2022 senior and subordinated debt ; 2022 commercial paper ; 2022 trust preferred and preferred securities ; and 2022 purchased/wholesale funds .\ncitigroup 2019s funding sources are diversified across funding types and geography , a benefit of its global franchise .\nfunding for citigroup and its major operating subsidiaries includes a geographically diverse retail and corporate deposit base of $ 774.2 billion .\nthese deposits are diversified across products and regions , with approximately two-thirds of them outside of the u.s .\nthis diversification provides the company with an important , stable and low-cost source of funding .\na significant portion of these deposits has been , and is expected to be , long-term and stable , and are considered to be core .\nthere are qualitative as well as quantitative assessments that determine the company 2019s calculation of core deposits .\nthe first step in this process is a qualitative assessment of the deposits .\nfor example , as a result of the company 2019s qualitative analysis certain deposits with wholesale funding characteristics are excluded from consideration as core .\ndeposits that qualify under the company 2019s qualitative assessments are then subjected to quantitative analysis .\nexcluding the impact of changes in foreign exchange rates and the sale of our retail banking operations in germany during the year ending december 31 , 2008 , the company 2019s deposit base remained stable .\non a volume basis , deposit increases were noted in transaction services , u.s .\nretail banking and smith barney .\nthis was partially offset by the company 2019s decision to reduce deposits considered wholesale funding , consistent with the company 2019s de-leveraging efforts , and declines in international consumer banking and the private bank .\ncitigroup and its subsidiaries have historically had a significant presence in the global capital markets .\nthe company 2019s capital markets funding activities have been primarily undertaken by two legal entities : ( i ) citigroup inc. , which issues long-term debt , medium-term notes , trust preferred securities , and preferred and common stock ; and ( ii ) citigroup funding inc .\n( cfi ) , a first-tier subsidiary of citigroup , which issues commercial paper , medium-term notes and structured equity-linked and credit-linked notes , all of which are guaranteed by citigroup .\nother significant elements of long- term debt on the consolidated balance sheet include collateralized advances from the federal home loan bank system , long-term debt related to the consolidation of icg 2019s structured investment vehicles , asset-backed outstandings , and certain borrowings of foreign subsidiaries .\neach of citigroup 2019s major operating subsidiaries finances its operations on a basis consistent with its capitalization , regulatory structure and the environment in which it operates .\nparticular attention is paid to those businesses that for tax , sovereign risk , or regulatory reasons cannot be freely and readily funded in the international markets .\ncitigroup 2019s borrowings have historically been diversified by geography , investor , instrument and currency .\ndecisions regarding the ultimate currency and interest rate profile of liquidity generated through these borrowings can be separated from the actual issuance through the use of derivative instruments .\ncitigroup is a provider of liquidity facilities to the commercial paper programs of the two primary credit card securitization trusts with which it transacts .\ncitigroup may also provide other types of support to the trusts .\nas a result of the recent economic downturn , its impact on the cashflows of the trusts , and in response to credit rating agency reviews of the trusts , the company increased the credit enhancement in the omni trust , and plans to provide additional enhancement to the master trust ( see note 23 to consolidated financial statements on page 175 for a further discussion ) .\nthis support preserves investor sponsorship of our card securitization franchise , an important source of liquidity .\nbanking subsidiaries there are various legal limitations on the ability of citigroup 2019s subsidiary depository institutions to extend credit , pay dividends or otherwise supply funds to citigroup and its non-bank subsidiaries .\nthe approval of the office of the comptroller of the currency , in the case of national banks , or the office of thrift supervision , in the case of federal savings banks , is required if total dividends declared in any calendar year exceed amounts specified by the applicable agency 2019s regulations .\nstate-chartered depository institutions are subject to dividend limitations imposed by applicable state law .\nin determining the declaration of dividends , each depository institution must also consider its effect on applicable risk-based capital and leverage ratio requirements , as well as policy statements of the federal regulatory agencies that indicate that banking organizations should generally pay dividends out of current operating earnings .\nnon-banking subsidiaries citigroup also receives dividends from its non-bank subsidiaries .\nthese non-bank subsidiaries are generally not subject to regulatory restrictions on dividends .\nhowever , as discussed in 201ccapital resources and liquidity 201d on page 94 , the ability of cgmhi to declare dividends can be restricted by capital considerations of its broker-dealer subsidiaries .\ncgmhi 2019s consolidated balance sheet is liquid , with the vast majority of its assets consisting of marketable securities and collateralized short-term financing agreements arising from securities transactions .\ncgmhi monitors and evaluates the adequacy of its capital and borrowing base on a daily basis to maintain liquidity and to ensure that its capital base supports the regulatory capital requirements of its subsidiaries .\nsome of citigroup 2019s non-bank subsidiaries , including cgmhi , have credit facilities with citigroup 2019s subsidiary depository institutions , including citibank , n.a .\nborrowings under these facilities must be secured in accordance with section 23a of the federal reserve act .\nthere are various legal restrictions on the extent to which a bank holding company and certain of its non-bank subsidiaries can borrow or obtain credit from citigroup 2019s subsidiary depository institutions or engage in certain other transactions with them .\nin general , these restrictions require that transactions be on arm 2019s length terms and be secured by designated amounts of specified collateral .\nsee note 20 to the consolidated financial statements on page 169 .\nat december 31 , 2008 , long-term debt and commercial paper outstanding for citigroup , cgmhi , cfi and citigroup 2019s subsidiaries were as follows : in billions of dollars citigroup parent company cgmhi ( 2 ) citigroup funding inc .\n( 2 ) citigroup subsidiaries long-term debt $ 192.3 $ 20.6 $ 37.4 $ 109.3 ( 1 ) .\n\nTable Data:\n[['in billions of dollars', 'citigroup parent company', 'cgmhi ( 2 )', 'citigroup funding inc. ( 2 )', 'other citigroup subsidiaries', ''], ['long-term debt', '$ 192.3', '$ 20.6', '$ 37.4', '$ 109.3', '-1 ( 1 )'], ['commercial paper', '$ 2014', '$ 2014', '$ 28.6', '$ 0.5', '']]\n\nFollowing Text:\n( 1 ) at december 31 , 2008 , approximately $ 67.4 billion relates to collateralized advances from the federal home loan bank .\n( 2 ) citigroup inc .\nguarantees all of cfi 2019s debt and cgmhi 2019s publicly issued securities. .\n\nQuestion: what is the total long-term debt in billions of dollars for citigroup , cgmhi , cfi and citigroup 2019s subsidiaries at december 31 , 2008?",
        "solution": "359.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2010/page_25.pdf\n\nID: UNP/2010/page_25.pdf-2\n\nPrevious Text:\nus in a position to handle demand changes .\nwe will also continue utilizing industrial engineering techniques to improve productivity .\n2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .\ndomestic demand , refining capacity , geopolitical events , weather conditions and other factors .\nto reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .\n2022 capital plan 2013 in 2011 , we plan to make total capital investments of approximately $ 3.2 billion , including expenditures for positive train control ( ptc ) , which may be revised if business conditions warrant or if new laws or regulations affect our ability to generate sufficient returns on these investments .\n( see further discussion in this item 7 under liquidity and capital resources 2013 capital plan. ) 2022 positive train control 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 250 million during 2011 on developing ptc .\nwe currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the federal railroad administration ( fra ) .\nthis includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .\nduring 2011 , we plan to begin testing the technology to evaluate its effectiveness .\n2022 financial expectations 2013 we remain cautious about economic conditions , but anticipate volume to increase from 2010 levels .\nin addition , we expect volume , price , and productivity gains to offset expected higher costs for fuel , labor inflation , depreciation , casualty costs , and property taxes to drive operating ratio improvement .\nresults of operations operating revenues millions 2010 2009 2008 % (  % ) change 2010 v 2009 % (  % ) change 2009 v 2008 .\n\nTable Data:\n[['millions', '2010', '2009', '2008', '% (  % ) change 2010 v 2009', '% (  % ) change 2009 v 2008'], ['freight revenues', '$ 16069', '$ 13373', '$ 17118', '20% ( 20 % )', '( 22 ) % (  % )'], ['other revenues', '896', '770', '852', '16', '-10 ( 10 )'], ['total', '$ 16965', '$ 14143', '$ 17970', '20% ( 20 % )', '( 21 ) % (  % )']]\n\nFollowing Text:\nfreight revenues are revenues generated by transporting freight or other materials from our six commodity groups .\nfreight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .\nchanges in price , traffic mix and fuel surcharges drive arc .\nwe provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .\nwe recognize freight revenues as freight moves from origin to destination .\nwe allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .\nother revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .\nwe recognize other revenues as we perform services or meet contractual obligations .\nfreight revenues and volume levels for all six commodity groups increased during 2010 as a result of economic improvement in many market sectors .\nwe experienced particularly strong volume growth in automotive , intermodal , and industrial products shipments .\ncore pricing gains and higher fuel surcharges also increased freight revenues and drove a 6% ( 6 % ) improvement in arc .\nfreight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .\nwe experienced the largest volume declines in automotive and industrial .\n\nQuestion: what is the average operating revenue from 2008-2010 , in millions?",
        "solution": "16359.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2018/page_61.pdf\n\nID: BKR/2018/page_61.pdf-3\n\nPrevious Text:\nbhge 2018 form 10-k | 41 estimate would equal up to 5% ( 5 % ) of annual revenue .\nthe expenditures are expected to be used primarily for normal , recurring items necessary to support our business .\nwe also anticipate making income tax payments in the range of $ 425 million to $ 475 million in 2019 .\ncontractual obligations in the table below , we set forth our contractual obligations as of december 31 , 2018 .\ncertain amounts included in this table are based on our estimates and assumptions about these obligations , including their duration , anticipated actions by third parties and other factors .\nthe contractual obligations we will actually pay in future periods may vary from those reflected in the table because the estimates and assumptions are subjective. .\n\nTable Data:\n[['( in millions )', '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 more than5 years'], ['total debt and capital lease obligations ( 1 )', '$ 6989', '$ 942', '$ 562', '$ 1272', '$ 4213'], ['estimated interest payments ( 2 )', '3716', '239', '473', '404', '2600'], ['operating leases ( 3 )', '846', '186', '262', '132', '266'], ['purchase obligations ( 4 )', '1507', '1388', '86', '25', '8'], ['total', '$ 13058', '$ 2755', '$ 1383', '$ 1833', '$ 7087']]\n\nFollowing Text:\n( 1 ) amounts represent the expected cash payments for the principal amounts related to our debt , including capital lease obligations .\namounts for debt do not include any deferred issuance costs or unamortized discounts or premiums including step up in the value of the debt on the acquisition of baker hughes .\nexpected cash payments for interest are excluded from these amounts .\ntotal debt and capital lease obligations includes $ 896 million payable to ge and its affiliates .\nas there is no fixed payment schedule on the amount payable to ge and its affiliates we have classified it as payable in less than one year .\n( 2 ) amounts represent the expected cash payments for interest on our long-term debt and capital lease obligations .\n( 3 ) amounts represent the future minimum payments under noncancelable operating leases with initial or remaining terms of one year or more .\nwe enter into operating leases , some of which include renewal options , however , we have excluded renewal options from the table above unless it is anticipated that we will exercise such renewals .\n( 4 ) purchase obligations include expenditures for capital assets for 2019 as well as agreements to purchase goods or services that are enforceable and legally binding and that specify all significant terms , including : fixed or minimum quantities to be purchased ; fixed , minimum or variable price provisions ; and the approximate timing of the transaction .\ndue to the uncertainty with respect to the timing of potential future cash outflows associated with our uncertain tax positions , we are unable to make reasonable estimates of the period of cash settlement , if any , to the respective taxing authorities .\ntherefore , $ 597 million in uncertain tax positions , including interest and penalties , have been excluded from the contractual obligations table above .\nsee \"note 12 .\nincome taxes\" of the notes to consolidated and combined financial statements in item 8 herein for further information .\nwe have certain defined benefit pension and other post-retirement benefit plans covering certain of our u.s .\nand international employees .\nduring 2018 , we made contributions and paid direct benefits of approximately $ 72 million in connection with those plans , and we anticipate funding approximately $ 41 million during 2019 .\namounts for pension funding obligations are based on assumptions that are subject to change , therefore , we are currently not able to reasonably estimate our contribution figures after 2019 .\nsee \"note 11 .\nemployee benefit plans\" of the notes to consolidated and combined financial statements in item 8 herein for further information .\noff-balance sheet arrangements in the normal course of business with customers , vendors and others , we have entered into off-balance sheet arrangements , such as surety bonds for performance , letters of credit and other bank issued guarantees , which totaled approximately $ 3.6 billion at december 31 , 2018 .\nit is not practicable to estimate the fair value of these financial instruments .\nnone of the off-balance sheet arrangements either has , or is likely to have , a material effect on our consolidated and combined financial statements. .\n\nQuestion: what portion of total contractual obligations is expected to be paid as interest payments?",
        "solution": "28.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2018/page_39.pdf\n\nID: DISCA/2018/page_39.pdf-3\n\nPrevious Text:\nstock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc .\n( acquired by the company in march 2018 ) , time warner , inc .\n( acquired by at&t inc .\nin june 2018 ) , twenty-first century fox , inc .\nclass a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc .\nclass b common stock and the walt disney company .\nthe graph assumes $ 100 originally invested on december 31 , 2013 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2014 , 2015 , 2016 , 2017 and 2018 .\ntwo peer companies , scripps networks interactive , inc .\nand time warner , inc. , were acquired in 2018 .\nthe stock performance chart shows the peer group including scripps networks interactive , inc .\nand time warner , inc .\nand excluding both acquired companies for the entire five year period .\ndecember 31 , december 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['', 'december 312013', 'december 312014', 'december 312015', 'december 312016', 'december 312017', 'december 312018'], ['disca', '$ 100.00', '$ 74.58', '$ 57.76', '$ 59.34', '$ 48.45', '$ 53.56'], ['discb', '$ 100.00', '$ 80.56', '$ 58.82', '$ 63.44', '$ 53.97', '$ 72.90'], ['disck', '$ 100.00', '$ 80.42', '$ 60.15', '$ 63.87', '$ 50.49', '$ 55.04'], ['s&p 500', '$ 100.00', '$ 111.39', '$ 110.58', '$ 121.13', '$ 144.65', '$ 135.63'], ['peer group incl . acquired companies', '$ 100.00', '$ 116.64', '$ 114.02', '$ 127.96', '$ 132.23', '$ 105.80'], ['peer group ex . acquired companies', '$ 100.00', '$ 113.23', '$ 117.27', '$ 120.58', '$ 127.90', '$ 141.58']]\n\nFollowing Text:\nequity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2019 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .\n\nQuestion: what was the percentage cumulative total shareholder return on discb for the five year period ended december 31 , 2018?",
        "solution": "-27.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2012/page_30.pdf\n\nID: UNP/2012/page_30.pdf-1\n\nPrevious Text:\nmaintenance and contract expenses incurred by our subsidiaries for external transportation services ) ; materials used to maintain the railroad 2019s lines , structures , and equipment ; costs of operating facilities jointly used by uprr and other railroads ; transportation and lodging for train crew employees ; trucking and contracting costs for intermodal containers ; leased automobile maintenance expenses ; and tools and supplies .\nexpenses 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 .\nexpenses for contract services increased $ 106 million in 2011 versus 2010 , driven by volume-related external transportation services incurred by our subsidiaries , and various other types of contractual services , including flood-related repairs , mitigation and improvements .\nvolume-related crew transportation and lodging costs , as well as expenses associated with jointly owned operating facilities , also increased costs compared to 2010 .\nin addition , an increase in locomotive maintenance materials used to prepare a portion of our locomotive fleet for return to active service due to increased volume and additional capacity for weather related issues and warranty expirations increased expenses in 2011 .\ndepreciation 2013 the majority of depreciation relates to road property , including rail , ties , ballast , and other track material .\na higher depreciable asset base , reflecting ongoing capital spending , increased depreciation expense in 2012 compared to 2011 .\na higher depreciable asset base , reflecting ongoing capital spending , increased depreciation expense in 2011 compared to 2010 .\nhigher depreciation rates for rail and other track material also contributed to the increase .\nthe higher rates , which became effective january 1 , 2011 , resulted primarily from increased track usage ( based on higher gross ton-miles in 2010 ) .\nequipment 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 .\nincreased automotive and intermodal shipments , partially offset by improved car-cycle times , drove an increase in our short-term freight car rental expense in 2012 .\nconversely , lower locomotive lease expense partially offset the higher freight car rental expense .\ncosts increased in 2011 versus 2010 as higher short-term freight car rental expense and container lease expense offset lower freight car and locomotive lease expense .\nother 2013 other expenses include personal injury , freight and property damage , destruction of equipment , insurance , environmental , bad debt , state and local taxes , utilities , telephone and cellular , employee travel , computer software , and other general expenses .\nother costs in 2012 were slightly higher than 2011 primarily due to higher property taxes .\ndespite 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 .\nhigher property taxes , casualty costs associated with destroyed equipment , damaged freight and property and environmental costs increased other costs in 2011 compared to 2010 .\na one-time payment of $ 45 million in the first quarter of 2010 related to a transaction with csxi and 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 .\nnon-operating items millions 2012 2011 2010 % (  % ) change 2012 v 2011 % (  % ) change 2011 v 2010 .\n\nTable Data:\n[['millions', '2012', '2011', '2010', '% (  % ) change 2012 v 2011', '% (  % ) change 2011 v 2010'], ['other income', '$ 108', '$ 112', '$ 54', '( 4 ) % (  % )', '107% ( 107 % )'], ['interest expense', '-535 ( 535 )', '-572 ( 572 )', '-602 ( 602 )', '-6 ( 6 )', '-5 ( 5 )'], ['income taxes', '-2375 ( 2375 )', '-1972 ( 1972 )', '-1653 ( 1653 )', '20% ( 20 % )', '19% ( 19 % )']]\n\nFollowing Text:\nother income 2013 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 an interest payment from a tax refund. .\n\nQuestion: was 2010 interest expense greater than the nonrecurring expenses of the one-time payment to csx in the first quarter of 2010?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2009/page_24.pdf\n\nID: ETR/2009/page_24.pdf-2\n\nPrevious Text:\nentergy corporation and subsidiaries management's financial discussion and analysis methodology of computing massachusetts state income taxes resulting from legislation passed in the third quarter 2008 , which resulted in an income tax benefit of approximately $ 18.8 million .\nthese factors were partially offset by : income taxes recorded by entergy power generation , llc , prior to its liquidation , resulting from the redemption payments it received in connection with its investment in entergy nuclear power marketing , llc during the third quarter 2008 , which resulted in an income tax expense of approximately $ 16.1 million ; book and tax differences for utility plant items and state income taxes at the utility operating companies , including the flow-through treatment of the entergy arkansas write-offs discussed above .\nthe effective income tax rate for 2007 was 30.7% ( 30.7 % ) .\nthe reduction in the effective income tax rate versus the federal statutory rate of 35% ( 35 % ) in 2007 is primarily due to : a reduction in income tax expense due to a step-up in the tax basis on the indian point 2 non-qualified decommissioning trust fund resulting from restructuring of the trusts , which reduced deferred taxes on the trust fund and reduced current tax expense ; the resolution of tax audit issues involving the 2002-2003 audit cycle ; an adjustment to state income taxes for non-utility nuclear to reflect the effect of a change in the methodology of computing new york state income taxes as required by that state's taxing authority ; book and tax differences related to the allowance for equity funds used during construction ; and the amortization of investment tax credits .\nthese factors were partially offset by book and tax differences for utility plant items and state income taxes at the utility operating companies .\nsee note 3 to the financial statements for a reconciliation of the federal statutory rate of 35.0% ( 35.0 % ) to the effective income tax rates , and for additional discussion regarding income taxes .\nliquidity and capital resources this section discusses entergy's capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement .\ncapital structure entergy's capitalization is balanced between equity and debt , as shown in the following table .\nthe decrease in the debt to capital percentage from 2008 to 2009 is primarily the result of an increase in shareholders' equity primarily due to an increase in retained earnings , partially offset by repurchases of common stock , along with a decrease in borrowings under entergy corporation's revolving credit facility .\nthe increase in the debt to capital percentage from 2007 to 2008 is primarily the result of additional borrowings under entergy corporation's revolving credit facility. .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['net debt to net capital at the end of the year', '53.5% ( 53.5 % )', '55.6% ( 55.6 % )', '54.7% ( 54.7 % )'], ['effect of subtracting cash from debt', '3.8% ( 3.8 % )', '4.1% ( 4.1 % )', '2.9% ( 2.9 % )'], ['debt to capital at the end of the year', '57.3% ( 57.3 % )', '59.7% ( 59.7 % )', '57.6% ( 57.6 % )']]\n\nFollowing Text:\n.\n\nQuestion: what is the growth rate of net debt to net capital ratio from 2008 to 2009?",
        "solution": "-3.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2017/page_14.pdf\n\nID: FIS/2017/page_14.pdf-4\n\nPrevious Text:\n2022 expand client relationships - the overall market we serve continues to gravitate beyond single-application purchases to multi-solution partnerships .\nas the market dynamics shift , we expect our clients and prospects to rely more on our multidimensional service offerings .\nour leveraged solutions and processing expertise can produce meaningful value and cost savings for our clients through more efficient operating processes , improved service quality and convenience for our clients' customers .\n2022 build global diversification - we continue to deploy resources in global markets where we expect to achieve meaningful scale .\nrevenues by segment the table below summarizes our revenues by reporting segment ( in millions ) : .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['ifs', '$ 4630', '$ 4525', '$ 3809'], ['gfs', '4138', '4250', '2361'], ['corporate and other', '355', '466', '426'], ['total consolidated revenues', '$ 9123', '$ 9241', '$ 6596']]\n\nFollowing Text:\nintegrated financial solutions ( \"ifs\" ) the ifs segment is focused primarily on serving north american regional and community bank and savings institutions for transaction and account processing , payment solutions , channel solutions , digital channels , fraud , risk management and compliance solutions , lending and wealth and retirement solutions , and corporate liquidity , capitalizing on the continuing trend to outsource these solutions .\nclients in this segment include regional and community banks , credit unions and commercial lenders , as well as government institutions , merchants and other commercial organizations .\nthese markets are primarily served through integrated solutions and characterized by multi-year processing contracts that generate highly recurring revenues .\nthe predictable nature of cash flows generated from this segment provides opportunities for further investments in innovation , integration , information and security , and compliance in a cost-effective manner .\nour solutions in this segment include : 2022 core processing and ancillary applications .\nour core processing software applications are designed to run banking processes for our financial institution clients , including deposit and lending systems , customer management , and other central management systems , serving as the system of record for processed activity .\nour diverse selection of market- focused core systems enables fis to compete effectively in a wide range of markets .\nwe also offer a number of services that are ancillary to the primary applications listed above , including branch automation , back-office support systems and compliance support .\n2022 digital solutions , including internet , mobile and ebanking .\nour comprehensive suite of retail delivery applications enables financial institutions to integrate and streamline customer-facing operations and back-office processes , thereby improving customer interaction across all channels ( e.g. , branch offices , internet , atm , mobile , call centers ) .\nfis' focus on consumer access has driven significant market innovation in this area , with multi-channel and multi-host solutions and a strategy that provides tight integration of services and a seamless customer experience .\nfis is a leader in mobile banking solutions and electronic banking enabling clients to manage banking and payments through the internet , mobile devices , accounting software and telephone .\nour corporate electronic banking solutions provide commercial treasury capabilities including cash management services and multi-bank collection and disbursement services that address the specialized needs of corporate clients .\nfis systems provide full accounting and reconciliation for such transactions , serving also as the system of record. .\n\nQuestion: what percentage of total consolidated revenues was gfs segment in 2016?",
        "solution": "46%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2012/page_86.pdf\n\nID: HII/2012/page_86.pdf-1\n\nPrevious Text:\nincome and franchise tax provisions are allocable to contracts in process and , accordingly , are included in general and administrative expenses .\ndeferred income taxes are recorded when revenues and expenses are recognized in different periods for financial statement purposes than for tax return purposes .\ndeferred tax asset or liability account balances are calculated at the balance sheet date using current tax laws and rates in effect .\ndeterminations of the expected realizability of deferred tax assets and the need for any valuation allowances against these deferred tax assets were evaluated based upon the stand-alone tax attributes of the company , and valuation allowances of $ 21 million and $ 18 million were deemed necessary as of december 31 , 2012 and 2011 , respectively .\nuncertain tax positions meeting the more-likely-than-not recognition threshold , based on the merits of the position , are recognized in the financial statements .\nwe recognize the amount of tax benefit that is greater than 50% ( 50 % ) likely to be realized upon ultimate settlement with the related tax authority .\nif a tax position does not meet the minimum statutory threshold to avoid payment of penalties , we recognize an expense for the amount of the penalty in the period the tax position is claimed or expected to be claimed in our tax return .\npenalties , if probable and reasonably estimable , are recognized as a component of income tax expense .\nwe also recognize accrued interest related to uncertain tax positions in income tax expense .\nthe timing and amount of accrued interest is determined by the applicable tax law associated with an underpayment of income taxes .\nsee note 11 : income taxes .\nunder existing gaap , changes in accruals associated with uncertainties are recorded in earnings in the period they are determined .\ncash and cash equivalents - the carrying amounts of cash and cash equivalents approximate fair value due to the short-term nature of these items , having original maturity dates of 90 days or less .\naccounts receivable - accounts receivable include amounts billed and currently due from customers , amounts currently due but unbilled , certain estimated contract change amounts , claims or requests for equitable adjustment in negotiation that are probable of recovery , and amounts retained by the customer pending contract completion .\ninventoried costs - inventoried costs primarily relate to work in process under contracts that recognize revenues using labor dollars or units of delivery as the basis of the percentage-of-completion calculation .\nthese costs represent accumulated contract costs less cost of sales , as calculated using the percentage-of-completion method .\naccumulated contract costs include direct production costs , factory and engineering overhead , production tooling costs , and , for government contracts , allowable general and administrative expenses .\naccording to the provisions of the company's u.s .\ngovernment contracts , the customer asserts title to , or a security interest in , inventories related to such contracts as a result of contract advances , performance-based payments , and progress payments .\nin accordance with industry practice , inventoried costs are classified as a current asset and include amounts related to contracts having production cycles longer than one year .\ninventoried costs also include company owned raw materials , which are stated at the lower of cost or market , generally using the average cost method .\nproperty , plant , and equipment - depreciable properties owned by the company are recorded at cost and depreciated over the estimated useful lives of individual assets .\ncosts incurred for computer software developed or obtained for internal use are capitalized and amortized over the expected useful life of the software , not to exceed nine years .\nleasehold improvements are amortized over the shorter of their useful lives or the term of the lease .\nthe remaining assets are depreciated using the straight-line method , with the following lives: .\n\nTable Data:\n[['land improvements', 'years 3', 'years -', 'years 45'], ['buildings and improvements', '3', '-', '60'], ['capitalized software costs', '3', '-', '9'], ['machinery and other equipment', '2', '-', '45']]\n\nFollowing Text:\nthe company evaluates the recoverability of its property , plant and equipment when there are changes in economic circumstances or business objectives that indicate the carrying value may not be recoverable .\nthe company's evaluations include estimated future cash flows , profitability and other factors in determining fair value .\nas these assumptions and estimates may change over time , it may or may not be necessary to record impairment charges. .\n\nQuestion: wha is the percentage change in the valuation allowance from 2011 to 2012?",
        "solution": "16.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2013/page_109.pdf\n\nID: RE/2013/page_109.pdf-1\n\nPrevious Text:\nin addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively .\nb .\ninvestments .\nfixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets .\nfixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) .\nthe company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities .\nthe company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities .\nfixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency .\nthe company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities .\nfor equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions .\ninterest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) .\nunrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses .\nshort-term investments are stated at cost , which approximates market value .\nrealized gains or losses on sales of investments are determined on the basis of identified cost .\nfor non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s .\ntreasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security .\nfor publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs .\nwhen a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value .\nretrospective adjustments are employed to recalculate the values of asset-backed securities .\neach acquisition lot is reviewed to recalculate the effective yield .\nthe recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition .\noutstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities .\nconditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types .\nother invested assets include limited partnerships , rabbi trusts and an affiliated entity .\nlimited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag .\nc .\nuncollectible receivable balances .\nthe company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances .\nsuch reserves are presented in the table below for the periods indicated. .\n\nTable Data:\n[['( dollars in thousands )', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['reinsurance receivables and premium receivables', '$ 29905', '$ 32011']]\n\nFollowing Text:\n.\n\nQuestion: for the years ended december 312013 and 2012 what was the change in the reinsurance receivables and premium receivables in thousands",
        "solution": "-2106"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: V/2019/page_49.pdf\n\nID: V/2019/page_49.pdf-1\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our class a common stock has been listed on the new york stock exchange under the symbol 201cv 201d since march 19 , 2008 .\nat november 8 , 2019 , we had 348 stockholders of record of our class a common stock .\nthe number of beneficial owners is substantially greater than the number of record holders , because a large portion of our class a common stock is held in 201cstreet name 201d by banks and brokers .\nthere is currently no established public trading market for our class b or c common stock .\nthere were 1397 and 509 holders of record of our class b and c common stock , respectively , as of november 8 , 2019 .\non october 22 , 2019 , our board of directors declared a quarterly cash dividend of $ 0.30 per share of class a common stock ( determined in the case of class b and c common stock and series b and c preferred stock on an as-converted basis ) payable on december 3 , 2019 , to holders of record as of november 15 , 2019 of our common and preferred stock .\nsubject to legally available funds , we expect to continue paying quarterly cash dividends on our outstanding common and preferred stock in the future .\nhowever , the declaration and payment of future dividends is at the sole discretion of our board of directors after taking into account various factors , including our financial condition , settlement indemnifications , operating results , available cash and current and anticipated cash needs .\nissuer purchases of equity securities the table below sets forth our purchases of common stock during the quarter ended september 30 , 2019 .\nperiod total number of shares purchased average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) ( 2 ) approximate dollar value of shares that may yet be purchased under the plans or programs ( 1 ) ( 2 ) .\n\nTable Data:\n[['period', 'total number ofshares purchased', 'average price paidper share', 'total number ofshares purchasedas part of publiclyannounced plans orprograms ( 1 ) ( 2 )', 'approximatedollar valueof shares thatmay yet bepurchased under the plans orprograms ( 1 ) ( 2 )'], ['july 1-31 2019', '3680103', '$ 179.32', '3680103', '$ 5502430029'], ['august 1-31 2019', '4064795', '$ 176.17', '4064795', '$ 4786268909'], ['september 1-30 2019', '4479497', '$ 176.61', '4479497', '$ 3995051745'], ['total', '12224395', '$ 177.28', '12224395', '']]\n\nFollowing Text:\n( 1 ) the figures in the table reflect transactions according to the trade dates .\nfor purposes of our consolidated financial statements included in this form 10-k , the impact of these repurchases is recorded according to the settlement dates .\n( 2 ) our board of directors from time to time authorizes the repurchase of shares of our common stock up to a certain monetary limit .\nin january 2019 , our board of directors authorized a share repurchase program for $ 8.5 billion .\nthis authorization has no expiration date .\nall share repurchase programs authorized prior to january 2019 have been completed. .\n\nQuestion: what is the total cash spent for the repurchase of shares during the month of july 2019?",
        "solution": "659916070"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2015/page_112.pdf\n\nID: AWK/2015/page_112.pdf-3\n\nPrevious Text:\nthe authorized costs of $ 76 are to be recovered via a surcharge over a twenty-year period beginning october 2012 .\nsurcharges collected as of december 31 , 2015 and 2014 were $ 4 and $ 5 , respectively .\nin addition to the authorized costs , the company expects to incur additional costs totaling $ 34 , which will be recovered from contributions made by the california state coastal conservancy .\ncontributions collected as of december 31 , 2015 and 2014 were $ 8 and $ 5 , respectively .\nregulatory balancing accounts accumulate differences between revenues recognized and authorized revenue requirements until they are collected from customers or are refunded .\nregulatory balancing accounts include low income programs and purchased power and water accounts .\ndebt expense is amortized over the lives of the respective issues .\ncall premiums on the redemption of long- term debt , as well as unamortized debt expense , are deferred and amortized to the extent they will be recovered through future service rates .\npurchase premium recoverable through rates is primarily the recovery of the acquisition premiums related to an asset acquisition by the company 2019s california subsidiary during 2002 , and acquisitions in 2007 by the company 2019s new jersey subsidiary .\nas authorized for recovery by the california and new jersey pucs , these costs are being amortized to depreciation and amortization in the consolidated statements of operations through november 2048 .\ntank painting costs are generally deferred and amortized to operations and maintenance expense in the consolidated statements of operations on a straight-line basis over periods ranging from five to fifteen years , as authorized by the regulatory authorities in their determination of rates charged for service .\nother regulatory assets include certain deferred business transformation costs , construction costs for treatment facilities , property tax stabilization , employee-related costs , business services project expenses , coastal water project costs , rate case expenditures and environmental remediation costs among others .\nthese costs are deferred because the amounts are being recovered in rates or are probable of recovery through rates in future periods .\nregulatory liabilities the regulatory liabilities generally represent probable future reductions in revenues associated with amounts that are to be credited or refunded to customers through the rate-making process .\nthe following table summarizes the composition of regulatory liabilities as of december 31: .\n\nTable Data:\n[['', '2015', '2014'], ['removal costs recovered through rates', '$ 311', '$ 301'], ['pension and other postretirement benefitbalancing accounts', '59', '54'], ['other', '32', '37'], ['total regulatory liabilities', '$ 402', '$ 392']]\n\nFollowing Text:\nremoval costs recovered through rates are estimated costs to retire assets at the end of their expected useful life that are recovered through customer rates over the life of the associated assets .\nin december 2008 , the company 2019s subsidiary in new jersey , at the direction of the new jersey puc , began to depreciate $ 48 of the total balance into depreciation and amortization expense in the consolidated statements of operations via straight line amortization through november 2048 .\npension and other postretirement benefit balancing accounts represent the difference between costs incurred and costs authorized by the puc 2019s that are expected to be refunded to customers. .\n\nQuestion: what were the removal costs as a percent of total regulatory costs in 2015",
        "solution": "77.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2009/page_141.pdf\n\nID: ETR/2009/page_141.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements amount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['plant ( including nuclear fuel )', '$ 727'], ['decommissioning trust funds', '252'], ['other assets', '41'], ['total assets acquired', '1020'], ['purchased power agreement ( below market )', '420'], ['decommissioning liability', '220'], ['other liabilities', '44'], ['total liabilities assumed', '684'], ['net assets acquired', '$ 336']]\n\nFollowing Text:\nsubsequent to the closing , entergy received approximately $ 6 million from consumers energy company as part of the post-closing adjustment defined in the asset sale agreement .\nthe post-closing adjustment amount resulted in an approximately $ 6 million reduction in plant and a corresponding reduction in other liabilities .\nfor the ppa , which was at below-market prices at the time of the acquisition , non-utility nuclear will amortize a liability to revenue over the life of the agreement .\nthe amount that will be amortized each period is based upon the difference between the present value calculated at the date of acquisition of each year's difference between revenue under the agreement and revenue based on estimated market prices .\namounts amortized to revenue were $ 53 million in 2009 , $ 76 million in 2008 , and $ 50 million in 2007 .\nthe amounts to be amortized to revenue for the next five years will be $ 46 million for 2010 , $ 43 million for 2011 , $ 17 million in 2012 , $ 18 million for 2013 , and $ 16 million for 2014 .\nnypa value sharing agreements non-utility nuclear's purchase of the fitzpatrick and indian point 3 plants from nypa included value sharing agreements with nypa .\nin october 2007 , non-utility nuclear and nypa amended and restated the value sharing agreements to clarify and amend certain provisions of the original terms .\nunder the amended value sharing agreements , non-utility nuclear will make annual payments to nypa based on the generation solution of the indian point 3 and fitzpatrick plants from january 2007 through december 2014 .\nnon-utility nuclear will pay nypa $ 6.59 per mwh for power sold from indian point 3 , up to an annual cap of $ 48 million , and $ 3.91 per mwh for power sold from fitzpatrick , up to an annual cap of $ 24 million .\nthe annual payment for each year's solution is due by january 15 of the following year .\nnon-utility nuclear will record its liability for payments to nypa as power is generated and sold by indian point 3 and fitzpatrick .\nan amount equal to the liability will be recorded to the plant asset account as contingent purchase price consideration for the plants .\nin 2009 , 2008 , and 2007 , non-utility nuclear recorded $ 72 million as plant for generation during each of those years .\nthis amount will be depreciated over the expected remaining useful life of the plants .\nin august 2008 , non-utility nuclear entered into a resolution of a dispute with nypa over the applicability of the value sharing agreements to its fitzpatrick and indian point 3 nuclear power plants after the planned spin-off of the non-utility nuclear business .\nunder the resolution , non-utility nuclear agreed not to treat the separation as a \"cessation event\" that would terminate its obligation to make the payments under the value sharing agreements .\nas a result , after the spin-off transaction , enexus will continue to be obligated to make payments to nypa under the amended and restated value sharing agreements. .\n\nQuestion: what was the average amounts amortized to revenue from 2010to 2014",
        "solution": "28"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2013/page_83.pdf\n\nID: PKG/2013/page_83.pdf-3\n\nPrevious Text:\ninterest expense related to capital lease obligations was $ 1.7 million during both the years ended december 31 , 2013 and 2012 , and $ 1.5 million during the year ended december 31 , 2011 .\npurchase commitments in the table below , we set forth our enforceable and legally binding purchase obligations as of december 31 , 2013 .\nsome of the amounts included in the table are based on management 2019s estimates and assumptions about these obligations , including their duration , the possibility of renewal , anticipated actions by third parties , and other factors .\nbecause these estimates and assumptions are necessarily subjective , our actual payments may vary from those reflected in the table .\npurchase orders made in the ordinary course of business are excluded from the table below .\nany amounts for which we are liable under purchase orders are reflected on the consolidated balance sheets as accounts payable and accrued liabilities .\nthese obligations relate to various purchase agreements for items such as minimum amounts of fiber and energy purchases over periods ranging from one to 15 years .\ntotal purchase commitments are as follows ( dollars in thousands ) : .\n\nTable Data:\n[['2014', '$ 120971'], ['2015', '54757'], ['2016', '14840'], ['2017', '3017'], ['2018', '2545'], ['thereafter', '11536'], ['total', '$ 207666']]\n\nFollowing Text:\nthe company purchased a total of $ 61.7 million , $ 27.7 million , and $ 28.5 million during the years ended december 31 , 2013 , 2012 , and 2011 , respectively , under these purchase agreements .\nthe increase in purchase commitments in 2014 , compared with 2013 , relates to the acquisition of boise in fourth quarter 2013 .\nenvironmental liabilities the potential costs for various environmental matters are uncertain due to such factors as the unknown magnitude of possible cleanup costs , the complexity and evolving nature of governmental laws and regulations and their interpretations , and the timing , varying costs and effectiveness of alternative cleanup technologies .\nfrom 1994 through 2013 , remediation costs at the company 2019s mills and corrugated plants totaled approximately $ 3.2 million .\nat december 31 , 2013 , the company had $ 34.1 million of environmental-related reserves recorded on its consolidated balance sheet .\nof the $ 34.1 million , approximately $ 26.5 million related to environmental- related asset retirement obligations discussed in note 14 , asset retirement obligations , and $ 7.6 million related to our estimate of other environmental contingencies .\nthe company recorded $ 7.8 million in 201caccrued liabilities 201d and $ 26.3 million in 201cother long-term liabilities 201d on the consolidated balance sheet .\nliabilities recorded for environmental contingencies are estimates of the probable costs based upon available information and assumptions .\nbecause of these uncertainties , pca 2019s estimates may change .\nas of the date of this filing , the company believes that it is not reasonably possible that future environmental expenditures for remediation costs and asset retirement obligations above the $ 34.1 million accrued as of december 31 , 2013 , will have a material impact on its financial condition , results of operations , or cash flows .\nguarantees and indemnifications we provide guarantees , indemnifications , and other assurances to third parties in the normal course of our business .\nthese include tort indemnifications , environmental assurances , and representations and warranties in commercial agreements .\nat december 31 , 2013 , we are not aware of any material liabilities arising from any guarantee , indemnification , or financial assurance we have provided .\nif we determined such a liability was probable and subject to reasonable determination , we would accrue for it at that time. .\n\nQuestion: at december 31 , 2013 , what was the percent of the environmental-related reserves that was related to asset retirement obligations",
        "solution": "77.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2018/page_61.pdf\n\nID: PPG/2018/page_61.pdf-3\n\nPrevious Text:\n2018 ppg annual report and form 10-k 59 other acquisitions in 2018 , 2017 , and 2016 , the company completed several smaller business acquisitions .\nthe total consideration paid for these acquisitions , net of cash acquired , debt assumed and other post closing adjustments , was $ 108 million , $ 74 million and $ 43 million , respectively .\nin january 2018 , ppg acquired procoatings , a leading architectural paint and coatings wholesaler located in the netherlands .\nprocoatings , established in 2001 , distributes a large portfolio of well-known professional paint brands through its network of 23 multi-brand stores .\nthe company employs nearly 100 people .\nthe results of this business since the date of acquisition have been reported within the architectural coatings americas and asia pacific business within the performance coatings reportable segment .\nin january 2017 , ppg acquired certain assets of automotive refinish coatings company futian xinshi ( 201cfutian 201d ) , based in the guangdong province of china .\nfutian distributes its products in china through a network of more than 200 distributors .\nin january 2017 , ppg completed the acquisition of deutek s.a. , a leading romanian paint and architectural coatings manufacturer , from the emerging europe accession fund .\ndeutek , established in 1993 , manufactures and markets a large portfolio of well-known professional and consumer paint brands , including oskar and danke! .\nthe company 2019s products are sold in more than 120 do-it-yourself stores and 3500 independent retail outlets in romania .\ndivestitures glass segment in 2017 , ppg completed a multi-year strategic shift in the company's business portfolio , resulting in the exit of all glass operations which consisted of the global fiber glass business , ppg's ownership interest in two asian fiber glass joint ventures and the flat glass business .\naccordingly , the results of operations , including the gains on the divestitures , and cash flows have been recast as discontinued operations for all periods presented .\nppg now has two reportable business segments .\nthe net sales and income from discontinued operations related to the former glass segment for the three years ended december 31 , 2018 , 2017 , and 2016 were as follows: .\n\nTable Data:\n[['( $ in millions )', '2018', '2017', '2016'], ['net sales', '$ 2014', '$ 217', '$ 908'], ['income from operations', '$ 21', '$ 30', '$ 111'], ['net gains on the divestitures of businesses', '2014', '343', '421'], ['income tax expense', '5', '140', '202'], ['income from discontinued operations net of tax', '$ 16', '$ 233', '$ 330']]\n\nFollowing Text:\nduring 2018 , ppg released $ 13 million of previously recorded accruals and contingencies established in conjunction with the divestitures of businesses within the former glass segment as a result of completed actions , new information and updated estimates .\nalso during 2018 , ppg made a final payment of $ 20 million to vitro s.a.b .\nde c.v related to the transfer of certain pension obligations upon the sale of the former flat glass business .\nnorth american fiber glass business on september 1 , 2017 , ppg completed the sale of its north american fiber glass business to nippon electric glass co .\nltd .\n( 201cneg 201d ) .\ncash proceeds from the sale were $ 541 million , resulting in a pre-tax gain of $ 343 million , net of certain accruals and contingencies established in conjunction with the divestiture .\nppg 2019s fiber glass operations included manufacturing facilities in chester , south carolina , and lexington and shelby , north carolina ; and administrative and research-and-development operations in shelby and in harmar , pennsylvania , near pittsburgh .\nthe business , which employed more than 1000 people and had net sales of approximately $ 350 million in 2016 , supplies the transportation , energy , infrastructure and consumer markets .\nflat glass business in october 2016 , ppg completed the sale of its flat glass manufacturing and glass coatings operations to vitro s.a.b .\nde c.v .\nppg received approximately $ 740 million in cash proceeds and recorded a pre-tax gain of $ 421 million on the sale .\nunder the terms of the agreement , ppg divested its entire flat glass manufacturing and glass coatings operations , including production sites located in fresno , california ; salem , oregon ; carlisle , pennsylvania ; and wichita falls , texas ; four distribution/fabrication facilities located across canada ; and a research-and-development center located in harmar , pennsylvania .\nppg 2019s flat glass business included approximately 1200 employees .\nthe business manufactures glass that is fabricated into products used primarily in commercial and residential construction .\nnotes to the consolidated financial statements .\n\nQuestion: what was the change in net sales for the discontinued operations related to the former glass segment from 2016 to 2017 in millions?",
        "solution": "-691"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_86.pdf\n\nID: LMT/2015/page_86.pdf-4\n\nPrevious Text:\n2015 and 2014 was $ 1.5 billion and $ 1.3 billion .\nthe aggregate notional amount of our outstanding foreign currency hedges at december 31 , 2015 and 2014 was $ 4.1 billion and $ 804 million .\nderivative instruments did not have a material impact on net earnings and comprehensive income during 2015 , 2014 and 2013 .\nsubstantially all of our derivatives are designated for hedge accounting .\nsee note 16 for more information on the fair value measurements related to our derivative instruments .\nrecent accounting pronouncements 2013 in may 2014 , the fasb issued a new standard that will change the way we recognize revenue and significantly expand the disclosure requirements for revenue arrangements .\non july 9 , 2015 , the fasb approved a one-year deferral of the effective date of the standard to 2018 for public companies , with an option that would permit companies to adopt the standard in 2017 .\nearly adoption prior to 2017 is not permitted .\nthe new standard may be adopted either retrospectively or on a modified retrospective basis whereby the new standard would be applied to new contracts and existing contracts with remaining performance obligations as of the effective date , with a cumulative catch-up adjustment recorded to beginning retained earnings at the effective date for existing contracts with remaining performance obligations .\nin addition , the fasb is contemplating making additional changes to certain elements of the new standard .\nwe are currently evaluating the methods of adoption allowed by the new standard and the effect the standard is expected to have on our consolidated financial statements and related disclosures .\nas the new standard will supersede substantially all existing revenue guidance affecting us under gaap , it could impact revenue and cost recognition on thousands of contracts across all our business segments , in addition to our business processes and our information technology systems .\nas a result , our evaluation of the effect of the new standard will extend over future periods .\nin september 2015 , the fasb issued a new standard that simplifies the accounting for adjustments made to preliminary amounts recognized in a business combination by eliminating the requirement to retrospectively account for those adjustments .\ninstead , adjustments will be recognized in the period in which the adjustments are determined , including the effect on earnings of any amounts that would have been recorded in previous periods if the accounting had been completed at the acquisition date .\nwe adopted the standard on january 1 , 2016 and will prospectively apply the standard to business combination adjustments identified after the date of adoption .\nin november 2015 , the fasb issued a new standard that simplifies the presentation of deferred income taxes and requires that deferred tax assets and liabilities , as well as any related valuation allowance , be classified as noncurrent in our consolidated balance sheets .\nthe standard is effective january 1 , 2017 , with early adoption permitted .\nthe standard may be applied either prospectively from the date of adoption or retrospectively to all prior periods presented .\nwe are currently evaluating when we will adopt the standard and the method of adoption .\nnote 2 2013 earnings per share the weighted average number of shares outstanding used to compute earnings per common share were as follows ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['weighted average common shares outstanding for basic computations', '310.3', '316.8', '320.9'], ['weighted average dilutive effect of equity awards', '4.4', '5.6', '5.6'], ['weighted average common shares outstanding for diluted computations', '314.7', '322.4', '326.5']]\n\nFollowing Text:\nwe compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented .\nour calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units and exercise of outstanding stock options based on the treasury stock method .\nthe computation of diluted earnings per common share excluded 2.4 million stock options for the year ended december 31 , 2013 because their inclusion would have been anti-dilutive , primarily due to their exercise prices exceeding the average market prices of our common stock during the respective periods .\nthere were no anti-dilutive equity awards for the years ended december 31 , 2015 and 2014. .\n\nQuestion: what was the ratio of the amount of our outstanding foreign currency hedges in 2015 compared to 2014",
        "solution": "5.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2011/page_33.pdf\n\nID: ABMD/2011/page_33.pdf-2\n\nPrevious Text:\nperformance graph the following graph compares the yearly change in the cumulative total stockholder return for our last five full fiscal years , based upon the market price of our common stock , with the cumulative total return on a nasdaq composite index ( u.s .\ncompanies ) and a peer group , the nasdaq medical equipment-sic code 3840-3849 index , which is comprised of medical equipment companies , for that period .\nthe performance graph assumes the investment of $ 100 on march 31 , 2006 in our common stock , the nasdaq composite index ( u.s .\ncompanies ) and the peer group index , and the reinvestment of any and all dividends. .\n\nTable Data:\n[['', '3/31/2006', '3/31/2007', '3/31/2008', '3/31/2009', '3/31/2010', '3/31/2011'], ['abiomed inc', '100', '105.89', '101.86', '37.98', '80.00', '112.64'], ['nasdaq composite index', '100', '103.50', '97.41', '65.33', '102.49', '118.86'], ['nasdaq medical equipment sic code 3840-3849', '100', '88.78', '84.26', '46.12', '83.47', '91.35']]\n\nFollowing Text:\nthis graph is not 201csoliciting material 201d under regulation 14a or 14c of the rules promulgated under the securities exchange act of 1934 , is not deemed filed with the securities and exchange commission and is not to be incorporated by reference in any of our filings under the securities act of 1933 , as amended , or the exchange act whether made before or after the date hereof and irrespective of any general incorporation language in any such filing .\ntransfer agent american stock transfer & trust company , 59 maiden lane , new york , ny 10038 , is our stock transfer agent. .\n\nQuestion: did abiomed inc , outperform the nasdaq medical equipment index?\\\\n",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_294.pdf\n\nID: ETR/2011/page_294.pdf-3\n\nPrevious Text:\nentergy gulf states louisiana , l.l.c .\nmanagement 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 .\nresults of operations net income 2011 compared to 2010 net income increased $ 12.3 million primarily due to lower interest expense and lower other operation and maintenance expenses , offset by higher depreciation and amortization expenses and a higher effective income tax 2010 compared to 2009 net income increased $ 37.7 million primarily due to higher net revenue , a lower effective income tax rate , and lower interest expense , offset by higher other operation and maintenance expenses , lower other income , and higher taxes other than income taxes .\nnet 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 credits .\nfollowing is an analysis of the change in net revenue comparing 2011 to 2010 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2010 net revenue', '$ 933.6'], ['retail electric price', '-20.1 ( 20.1 )'], ['volume/weather', '-5.2 ( 5.2 )'], ['fuel recovery', '14.8'], ['transmission revenue', '12.4'], ['other', '-2.1 ( 2.1 )'], ['2011 net revenue', '$ 933.4']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to an increase in credits passed on to customers as a result of the act 55 storm cost financing .\nsee 201cmanagement 2019s financial discussion and analysis 2013 hurricane gustav and hurricane ike 201d and note 2 to the financial statements for a discussion of the act 55 storm cost financing .\nthe volume/weather variance is primarily due to less favorable weather on the residential sector as well as the unbilled sales period .\nthe decrease was partially offset by an increase of 62 gwh , or 0.3% ( 0.3 % ) , in billed electricity usage , primarily due to increased consumption by an industrial customer as a result of the customer 2019s cogeneration outage and the addition of a new production unit by the industrial customer .\nthe fuel recovery variance resulted primarily from an adjustment to deferred fuel costs in 2010 .\nsee note 2 to the financial statements for a discussion of fuel recovery. .\n\nQuestion: by what percentage point did the net income margin improve in 2010?",
        "solution": "4.0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2009/page_220.pdf\n\nID: CB/2009/page_220.pdf-2\n\nPrevious Text:\nn o t e s t o t h e c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries 20 .\nstatutory financial information the company 2019s insurance and reinsurance subsidiaries are subject to insurance laws and regulations in the jurisdictions in which they operate .\nthese regulations include restrictions that limit the amount of dividends or other distributions , such as loans or cash advances , available to shareholders without prior approval of the insurance regulatory authorities .\nthere are no statutory restrictions on the payment of dividends from retained earnings by any of the bermuda subsidiaries as the minimum statutory capital and surplus requirements are satisfied by the share capital and additional paid-in capital of each of the bermuda subsidiaries .\nthe company 2019s u.s .\nsubsidiaries file financial statements prepared in accordance with statutory accounting practices prescribed or permitted by insurance regulators .\nstatutory accounting differs from gaap in the reporting of certain reinsurance contracts , investments , subsidiaries , acquis- ition expenses , fixed assets , deferred income taxes , and certain other items .\nthe statutory capital and surplus of the u.s .\nsubsidiaries met regulatory requirements for 2009 , 2008 , and 2007 .\nthe amount of dividends available to be paid in 2010 , without prior approval from the state insurance departments , totals $ 733 million .\nthe combined statutory capital and surplus and statutory net income of the bermuda and u.s .\nsubsidiaries as at and for the years ended december 31 , 2009 , 2008 , and 2007 , are as follows: .\n\nTable Data:\n[['( in millions of u.s . dollars )', 'bermuda subsidiaries 2009', 'bermuda subsidiaries 2008', 'bermuda subsidiaries 2007', 'bermuda subsidiaries 2009', 'bermuda subsidiaries 2008', '2007'], ['statutory capital and surplus', '$ 9299', '$ 6205', '$ 8579', '$ 5801', '$ 5368', '$ 5321'], ['statutory net income', '$ 2472', '$ 2196', '$ 1535', '$ 870', '$ 818', '$ 873']]\n\nFollowing Text:\nas permitted by the restructuring discussed previously in note 7 , certain of the company 2019s u.s .\nsubsidiaries discount certain a&e liabilities , which increased statutory capital and surplus by approximately $ 215 million , $ 211 million , and $ 140 million at december 31 , 2009 , 2008 , and 2007 , respectively .\nthe company 2019s international subsidiaries prepare statutory financial statements based on local laws and regulations .\nsome jurisdictions impose complex regulatory requirements on insurance companies while other jurisdictions impose fewer requirements .\nin some countries , the company must obtain licenses issued by governmental authorities to conduct local insurance business .\nthese licenses may be subject to reserves and minimum capital and solvency tests .\njurisdictions may impose fines , censure , and/or criminal sanctions for violation of regulatory requirements .\n21 .\ninformation provided in connection with outstanding debt of subsidiaries the following tables present condensed consolidating financial information at december 31 , 2009 , and december 31 , 2008 , and for the years ended december 31 , 2009 , 2008 , and 2007 , for ace limited ( the parent guarantor ) and its 201csubsidiary issuer 201d , ace ina holdings , inc .\nthe subsidiary issuer is an indirect 100 percent-owned subsidiary of the parent guarantor .\ninvestments in subsidiaries are accounted for by the parent guarantor under the equity method for purposes of the supplemental consolidating presentation .\nearnings of subsidiaries are reflected in the parent guarantor 2019s investment accounts and earnings .\nthe parent guarantor fully and unconditionally guarantees certain of the debt of the subsidiary issuer. .\n\nQuestion: what is the growth rate in net income for bermuda subsidiaries from 2008 to 2009?",
        "solution": "12.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2017/page_176.pdf\n\nID: GS/2017/page_176.pdf-1\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries notes to consolidated financial statements commercial lending .\nthe firm 2019s commercial lending commitments are extended to investment-grade and non-investment-grade corporate borrowers .\ncommitments to investment-grade corporate borrowers are principally used for operating liquidity and general corporate purposes .\nthe firm also extends lending commitments in connection with contingent acquisition financing and other types of corporate lending , as well as commercial real estate financing .\ncommitments that are extended for contingent acquisition financing are often intended to be short-term in nature , as borrowers often seek to replace them with other funding sources .\nsumitomo mitsui financial group , inc .\n( smfg ) provides the firm with credit loss protection on certain approved loan commitments ( primarily investment-grade commercial lending commitments ) .\nthe notional amount of such loan commitments was $ 25.70 billion and $ 26.88 billion as of december 2017 and december 2016 , respectively .\nthe credit loss protection on loan commitments provided by smfg is generally limited to 95% ( 95 % ) of the first loss the firm realizes on such commitments , up to a maximum of approximately $ 950 million .\nin addition , subject to the satisfaction of certain conditions , upon the firm 2019s request , smfg will provide protection for 70% ( 70 % ) of additional losses on such commitments , up to a maximum of $ 1.13 billion , of which $ 550 million and $ 768 million of protection had been provided as of december 2017 and december 2016 , respectively .\nthe firm also uses other financial instruments to mitigate credit risks related to certain commitments not covered by smfg .\nthese instruments primarily include credit default swaps that reference the same or similar underlying instrument or entity , or credit default swaps that reference a market index .\nwarehouse financing .\nthe firm provides financing to clients who warehouse financial assets .\nthese arrangements are secured by the warehoused assets , primarily consisting of retail and corporate loans .\ncontingent and forward starting collateralized agreements / forward starting collateralized financings contingent and forward starting collateralized agreements includes resale and securities borrowing agreements , and forward starting collateralized financings includes repurchase and secured lending agreements that settle at a future date , generally within three business days .\nthe firm also enters into commitments to provide contingent financing to its clients and counterparties through resale agreements .\nthe firm 2019s funding of these commitments depends on the satisfaction of all contractual conditions to the resale agreement and these commitments can expire unused .\nletters of credit the firm has commitments under letters of credit issued by various banks which the firm provides to counterparties in lieu of securities or cash to satisfy various collateral and margin deposit requirements .\ninvestment commitments investment commitments includes commitments to invest in private equity , real estate and other assets directly and through funds that the firm raises and manages .\ninvestment commitments included $ 2.09 billion and $ 2.10 billion as of december 2017 and december 2016 , respectively , related to commitments to invest in funds managed by the firm .\nif these commitments are called , they would be funded at market value on the date of investment .\nleases the firm has contractual obligations under long-term noncancelable lease agreements for office space expiring on various dates through 2069 .\ncertain agreements are subject to periodic escalation provisions for increases in real estate taxes and other charges .\nthe table below presents future minimum rental payments , net of minimum sublease rentals .\n$ in millions december 2017 .\n\nTable Data:\n[['$ in millions', 'as of december 2017'], ['2018', '$ 299'], ['2019', '282'], ['2020', '262'], ['2021', '205'], ['2022', '145'], ['2023 - thereafter', '771'], ['total', '$ 1964']]\n\nFollowing Text:\nrent charged to operating expenses was $ 273 million for 2017 , $ 244 million for 2016 and $ 249 million for 2015 .\ngoldman sachs 2017 form 10-k 163 .\n\nQuestion: what percentage of future minimum rental payments are due after 2022?",
        "solution": "39%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2018/page_13.pdf\n\nID: AAL/2018/page_13.pdf-4\n\nPrevious Text:\nthe following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2018 , 2017 and 2016 ( gallons and aircraft fuel expense in millions ) .\nyear gallons average price per gallon aircraft fuel expense percent of total operating expenses .\n\nTable Data:\n[['year', 'gallons', 'average priceper gallon', 'aircraft fuelexpense', 'percent of totaloperating expenses'], ['2018', '4447', '$ 2.23', '$ 9896', '23.6% ( 23.6 % )'], ['2017', '4352', '1.73', '7510', '19.6% ( 19.6 % )'], ['2016', '4347', '1.42', '6180', '17.6% ( 17.6 % )']]\n\nFollowing Text:\nas of december 31 , 2018 , we did not have any fuel hedging contracts outstanding to hedge our fuel consumption .\nas such , and assuming we do not enter into any future transactions to hedge our fuel consumption , we will continue to be fully exposed to fluctuations in fuel prices .\nour current policy is not to enter into transactions to hedge our fuel consumption , although we review that policy from time to time based on market conditions and other factors .\nfuel prices have fluctuated substantially over the past several years .\nwe cannot predict the future availability , price volatility or cost of aircraft fuel .\nnatural disasters ( including hurricanes or similar events in the u.s .\nsoutheast and on the gulf coast where a significant portion of domestic refining capacity is located ) , political disruptions or wars involving oil-producing countries , economic sanctions imposed against oil-producing countries or specific industry participants , changes in fuel-related governmental policy , the strength of the u.s .\ndollar against foreign currencies , changes in the cost to transport or store petroleum products , changes in access to petroleum product pipelines and terminals , speculation in the energy futures markets , changes in aircraft fuel production capacity , environmental concerns and other unpredictable events may result in fuel supply shortages , distribution challenges , additional fuel price volatility and cost increases in the future .\nsee part i , item 1a .\nrisk factors 2013 201cour business is very dependent on the price and availability of aircraft fuel .\ncontinued periods of high volatility in fuel costs , increased fuel prices or significant disruptions in the supply of aircraft fuel could have a significant negative impact on our operating results and liquidity . 201d seasonality and other factors due to the greater demand for air travel during the summer months , revenues in the airline industry in the second and third quarters of the year tend to be greater than revenues in the first and fourth quarters of the year .\ngeneral economic conditions , fears of terrorism or war , fare initiatives , fluctuations in fuel prices , labor actions , weather , natural disasters , outbreaks of disease and other factors could impact this seasonal pattern .\ntherefore , our quarterly results of operations are not necessarily indicative of operating results for the entire year , and historical operating results in a quarterly or annual period are not necessarily indicative of future operating results .\ndomestic and global regulatory landscape general airlines are subject to extensive domestic and international regulatory requirements .\ndomestically , the dot and the federal aviation administration ( faa ) exercise significant regulatory authority over air carriers .\nthe dot , among other things , oversees domestic and international codeshare agreements , international route authorities , competition and consumer protection matters such as advertising , denied boarding compensation and baggage liability .\nthe antitrust division of the department of justice ( doj ) , along with the dot in certain instances , have jurisdiction over airline antitrust matters. .\n\nQuestion: what was the total aircraft fuel expense from 2016 to 2018 in millions",
        "solution": "23586"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2008/page_130.pdf\n\nID: MRO/2008/page_130.pdf-3\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements the changes in the carrying amount of goodwill for the years ended december 31 , 2007 , and 2008 , were as follows : ( in millions ) e&p osm rm&t total .\n\nTable Data:\n[['( in millions )', 'e&p', 'osm', 'rm&t', 'total'], ['balance as of december 31 2006', '$ 519', '$ 2013', '$ 879', '$ 1398'], ['acquired', '71', '1437', '2013', '1508'], ['adjusted ( a )', '2013', '2013', '-7 ( 7 )', '-7 ( 7 )'], ['balance as of december 31 2007', '590', '1437', '872', '2899'], ['adjusted ( a )', '-17 ( 17 )', '-25 ( 25 )', '7', '-35 ( 35 )'], ['impaired', '2013', '-1412 ( 1412 )', '2013', '-1412 ( 1412 )'], ['disposed ( b )', '-5 ( 5 )', '', '2013', '-5 ( 5 )'], ['balance as of december 31 2008', '$ 568', '$ 2013', '$ 879', '$ 1447']]\n\nFollowing Text:\n( a ) adjustments related to prior period income tax and royalty adjustments .\n( b ) goodwill was allocated to the norwegian outside-operated properties sold in 2008 .\n17 .\nfair value measurements as defined in sfas no .\n157 , fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date .\nsfas no .\n157 describes three approaches to measuring the fair value of assets and liabilities : the market approach , the income approach and the cost approach , each of which includes multiple valuation techniques .\nthe market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities .\nthe income approach uses valuation techniques to measure fair value by converting future amounts , such as cash flows or earnings , into a single present value amount using current market expectations about those future amounts .\nthe cost approach is based on the amount that would currently be required to replace the service capacity of an asset .\nthis is often referred to as current replacement cost .\nthe cost approach assumes that the fair value would not exceed what it would cost a market participant to acquire or construct a substitute asset of comparable utility , adjusted for obsolescence .\nsfas no .\n157 does not prescribe which valuation technique should be used when measuring fair value and does not prioritize among the techniques .\nsfas no .\n157 establishes a fair value hierarchy that prioritizes the inputs used in applying the various valuation techniques .\ninputs broadly refer to the assumptions that market participants use to make pricing decisions , including assumptions about risk .\nlevel 1 inputs are given the highest priority in the fair value hierarchy while level 3 inputs are given the lowest priority .\nthe three levels of the fair value hierarchy are as follows .\n2022 level 1 2013 observable inputs that reflect unadjusted quoted prices for identical assets or liabilities in active markets as of the reporting date .\nactive 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 .\n2022 level 2 2013 observable market-based inputs or unobservable inputs that are corroborated by market data .\nthese are inputs other than quoted prices in active markets included in level 1 , which are either directly or indirectly observable as of the reporting date .\n2022 level 3 2013 unobservable inputs that are not corroborated by market data and may be used with internally developed methodologies that result in management 2019s best estimate of fair value .\nwe use a market or income approach for recurring fair value measurements and endeavor to use the best information available .\naccordingly , valuation techniques that maximize the use of observable inputs are favored .\nfinancial assets and liabilities are classified in their entirety based on the lowest priority level of input that is significant to the fair value measurement .\nthe assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the placement of assets and liabilities within the levels of the fair value hierarchy. .\n\nQuestion: by what percentage did total goodwill decline from 2007 to 2008 year end?",
        "solution": "-50.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2014/page_36.pdf\n\nID: IPG/2014/page_36.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) corporate and other expenses increased slightly during 2013 by $ 3.5 to $ 140.8 compared to 2012 , primarily due to an increase in salaries and related expenses , mainly attributable to higher base salaries , benefits and temporary help , partially offset by lower severance expenses and a decrease in office and general expenses .\nliquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. .\n\nTable Data:\n[['cash flow data', 'years ended december 31 , 2014', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['net income adjusted to reconcile net income to net cashprovided by operating activities1', '$ 831.2', '$ 598.4', '$ 697.2'], ['net cash used in working capital b2', '-131.1 ( 131.1 )', '-9.6 ( 9.6 )', '-293.2 ( 293.2 )'], ['changes in other non-current assets and liabilities using cash', '-30.6 ( 30.6 )', '4.1', '-46.8 ( 46.8 )'], ['net cash provided by operating activities', '$ 669.5', '$ 592.9', '$ 357.2'], ['net cash used in investing activities', '-200.8 ( 200.8 )', '-224.5 ( 224.5 )', '-210.2 ( 210.2 )'], ['net cash ( used in ) provided by financing activities', '-343.9 ( 343.9 )', '-1212.3 ( 1212.3 )', '131.3']]\n\nFollowing Text:\n1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , non-cash ( gain ) loss related to early extinguishment of debt , and deferred income taxes .\n2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities .\noperating activities net cash provided by operating activities during 2014 was $ 669.5 , which was an improvement of $ 76.6 as compared to 2013 , primarily as a result of an increase in net income , offset by an increase in working capital usage of $ 121.5 .\ndue to the seasonality of our business , we typically generate cash from working capital in the second half of a year and use cash from working capital in the first half of a year , with the largest impacts in the first and fourth quarters .\nour net working capital usage in 2014 was impacted by our media businesses .\nnet cash provided by operating activities during 2013 was $ 592.9 , which was an increase of $ 235.7 as compared to 2012 , primarily as a result of an improvement in working capital usage of $ 283.6 , offset by a decrease in net income .\nthe improvement in working capital in 2013 was impacted by our media businesses and an ongoing focus on working capital management at our agencies .\nthe timing of media buying on behalf of our clients affects our working capital and operating cash flow .\nin most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients .\nto the extent possible we pay production and media charges after we have received funds from our clients .\nthe amounts involved substantially exceed our revenues and primarily affect the level of accounts receivable , expenditures billable to clients , accounts payable and accrued liabilities .\nour assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers .\nour accrued liabilities are also affected by the timing of certain other payments .\nfor example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year .\ninvesting activities net cash used in investing activities during 2014 primarily related to payments for capital expenditures and acquisitions .\ncapital expenditures of $ 148.7 related primarily to computer hardware and software and leasehold improvements .\nwe made payments of $ 67.8 related to acquisitions completed during 2014 , net of cash acquired. .\n\nQuestion: what is the net change in cash for the 2014?",
        "solution": "124.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2018/page_38.pdf\n\nID: RE/2018/page_38.pdf-3\n\nPrevious Text:\nireland .\nholdings ireland , everest dublin holdings , ireland re and ireland insurance conduct business in ireland and are subject to taxation in ireland .\naavailable information .\nthe 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 ) .\nitem 1a .\nrisk 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 .\nif 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 .\nrisks relating to our business fluctuations in the financial markets could result in investment losses .\nprolonged 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 .\nalthough financial markets have significantly improved since 2008 , they could deteriorate in the future .\nthere could also be disruption in individual market sectors , such as occurred in the energy sector in recent years .\nsuch 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 .\nour results could be adversely affected by catastrophic events .\nwe are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .\nany 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 .\nby way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of reinsurance , were as follows: .\n\nTable Data:\n[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2018', '$ 1800.2'], ['2017', '1472.6'], ['2016', '301.2'], ['2015', '53.8'], ['2014', '56.3']]\n\nFollowing Text:\nour losses from future catastrophic events could exceed our projections .\nwe use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .\nwe 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 .\nthese 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. .\n\nQuestion: what is the percentage change in pre-tax catastrophe losses in 2018 compare to 2017?",
        "solution": "22.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2009/page_70.pdf\n\nID: AON/2009/page_70.pdf-1\n\nPrevious Text:\nthe company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .\nchanges in recognition or measurement are reflected in the period in which a change in judgment occurs .\nthe company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .\nchanges in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .\nthe revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .\nit requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .\nbusiness combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .\nthis revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .\nin addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .\nin april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .\nthe company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .\nthe adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .\nthe revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .\nthe revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .\nthe revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .\nin addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .\nchanges in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .\nif a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .\nin previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .\nprior period amounts have been restated to conform to the current year 2019s presentation .\nthe principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : .\n\nTable Data:\n[['as of december 31', '2008', '2007'], ['equity as previously reported', '$ 5310', '$ 6221'], ['increase for reclassification of non-controlling interests', '105', '40'], ['equity as adjusted', '$ 5415', '$ 6261']]\n\nFollowing Text:\nthe revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .\nthe adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .\nnet .\n\nQuestion: what was the percentage change in the reclassification of non-controlling interests from 2007 to 2008",
        "solution": "162.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2004/page_65.pdf\n\nID: ZBH/2004/page_65.pdf-2\n\nPrevious Text:\nz i m m e r h o l d i n g s , i n c .\na n d s u b s i d i a r i e s 2 0 0 4 f o r m 1 0 - k notes to consolidated financial statements ( continued ) the components of accumulated other comprehensive income are as follows ( in millions ) : accumulated foreign foreign minimum unrealized other currency currency pension gains on comprehensive translation hedges liability securities income .\n\nTable Data:\n[['', 'foreign currency translation', 'foreign currency hedges', 'minimum pension liability', 'unrealized gains on securities', 'accumulated other comprehensive income'], ['beginning balance at january 1 2004', '$ 179.7', '$ -40.4 ( 40.4 )', '$ -0.6 ( 0.6 )', '$ 2013', '$ 138.7'], ['other comprehensive income ( loss )', '145.5', '-33.0 ( 33.0 )', '-0.3 ( 0.3 )', '2.4', '114.6'], ['balance at december 31 2004', '$ 325.2', '$ -73.4 ( 73.4 )', '$ -0.9 ( 0.9 )', '$ 2.4', '$ 253.3']]\n\nFollowing Text:\naccounting pronouncements 2013 in november 2004 , the no .\n123 ( r ) requires all share-based payments to employees , fasb issued fasb staff position ( 2018 2018fsp 2019 2019 ) 109-1 , 2018 2018application including stock options , to be expensed based on their fair of fasb statement no .\n109 , accounting for income taxes , to values .\nthe company has disclosed the effect on net earnings the tax deduction on qualified production activities and earnings per share if the company had applied the fair provided by the american jobs creation act of 2004 2019 2019 and value recognition provisions of sfas 123 .\nsfas 123 ( r ) fsp 109-2 , 2018 2018accounting and disclosure guidance for the contains three methodologies for adoption : 1 ) adopt foreign earnings repatriation provision within the american sfas 123 ( r ) on the effective date for interim periods jobs creation act of 2004 2019 2019 .\nfsp 109-1 states that a thereafter , 2 ) adopt sfas 123 ( r ) on the effective date for company 2019s deduction under the american jobs creation act interim periods thereafter and restate prior interim periods of 2004 ( the 2018 2018act 2019 2019 ) should be accounted for as a special included in the fiscal year of adoption under the provisions of deduction in accordance with sfas no .\n109 and not as a tax sfas 123 , or 3 ) adopt sfas 123 ( r ) on the effective date for rate reduction .\nfsp 109-2 provides accounting and disclosure interim periods thereafter and restate all prior interim guidance for repatriation provisions included under the act .\nperiods under the provisions of sfas 123 .\nthe company has fsp 109-1 and fsp 109-2 were both effective upon issuance .\nnot determined an adoption methodology .\nthe company is in the adoption of these fsp 2019s did not have a material impact the process of assessing the impact that sfas 123 ( r ) will on the company 2019s financial position , results of operations or have on its financial position , results of operations and cash cash flows in 2004 .\nflows .\nsfas 123 ( r ) is effective for the company on july 1 , in november 2004 , the fasb issued sfas no .\n151 , 2005 .\n2018 2018inventory costs 2019 2019 to clarify the accounting for abnormal amounts of idle facility expense .\nsfas no .\n151 requires that 3 .\nacquisitions fixed overhead production costs be applied to inventory at centerpulse ag and incentive capital ag 2018 2018normal capacity 2019 2019 and any excess fixed overhead production costs be charged to expense in the period in which they were on october 2 , 2003 ( the 2018 2018closing date 2019 2019 ) , the company incurred .\nsfas no .\n151 is effective for fiscal years beginning closed its exchange offer for centerpulse , a global after june 15 , 2005 .\nthe company does not expect sfas orthopaedic medical device company headquartered in no .\n151 to have a material impact on its financial position , switzerland that services the reconstructive joint , spine and results of operations , or cash flows .\ndental implant markets .\nthe company also closed its in december 2004 , the fasb issued sfas no .\n153 , exchange offer for incentive , a company that , at the closing 2018 2018exchanges of nonmonetary assets 2019 2019 , which is effective for date , owned only cash and beneficially owned 18.3 percent of fiscal years beginning after june 15 , 2004 .\nthe company does the issued centerpulse shares .\nthe primary reason for not routinely engage in exchanges of nonmonetary assets ; as making the centerpulse and incentive exchange offers ( the such , sfas no .\n153 is not expected to have a material impact 2018 2018exchange offers 2019 2019 ) was to create a global leader in the on the company 2019s financial position , results of operations or design , development , manufacture and marketing of cash flows .\northopaedic reconstructive implants , including joint and in may 2004 , the fasb issued fsp 106-2 2018 2018accounting dental , spine implants , and trauma products .\nthe strategic and disclosure requirements related to the medicare compatibility of the products and technologies of the prescription drug , improvement and modernization act of company and centerpulse is expected to provide significant 2003 2019 2019 , which is effective for the first interim or annual period earnings power and a strong platform from which it can beginning after june 15 , 2004 .\nthe company does not expect actively pursue growth opportunities in the industry .\nfor the to be eligible for the federal subsidy available pursuant to the company , centerpulse provides a unique platform for growth medicare prescription drug improvement and modernization and diversification in europe as well as in the spine and act of 2003 ; therefore , this staff position did not have a dental areas of the medical device industry .\nas a result of the material impact on the company 2019s results of operations , exchange offers , the company beneficially owned financial position or cash flow .\n98.7 percent of the issued centerpulse shares ( including the in december 2004 , the fasb issued sfas no .\n123 ( r ) , centerpulse shares owned by incentive ) and 99.9 percent of 2018 2018share-based payment 2019 2019 , which is a revision to sfas no .\n123 , the issued incentive shares on the closing date .\n2018 2018accounting for stock based compensation 2019 2019 .\nsfas .\n\nQuestion: what was the percentage change in foreign currency translation in 2004?",
        "solution": "81%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2018/page_45.pdf\n\nID: PNC/2018/page_45.pdf-3\n\nPrevious Text:\nthe pnc financial services group , inc .\n2013 form 10-k 29 part ii item 5 2013 market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities ( a ) ( 1 ) our common stock is listed on the new york stock exchange and is traded under the symbol 201cpnc . 201d at the close of business on february 15 , 2019 , there were 53986 common shareholders of record .\nholders of pnc common stock are entitled to receive dividends when declared by our board of directors out of funds legally available for this purpose .\nour board of directors may not pay or set apart dividends on the common stock until dividends for all past dividend periods on any series of outstanding preferred stock and certain outstanding capital securities issued by the parent company have been paid or declared and set apart for payment .\nthe board of directors presently intends to continue the policy of paying quarterly cash dividends .\nthe amount of any future dividends will depend on economic and market conditions , our financial condition and operating results , and other factors , including contractual restrictions and applicable government regulations and policies ( such as those relating to the ability of bank and non-bank subsidiaries to pay dividends to the parent company and regulatory capital limitations ) .\nthe amount of our dividend is also currently subject to the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve and our primary bank regulators as part of the comprehensive capital analysis and review ( ccar ) process as described in the supervision and regulation section in item 1 of this report .\nthe federal reserve has the power to prohibit us from paying dividends without its approval .\nfor further information concerning dividend restrictions and other factors that could limit our ability to pay dividends , as well as restrictions on loans , dividends or advances from bank subsidiaries to the parent company , see the supervision and regulation section in item 1 , item 1a risk factors , the liquidity and capital management portion of the risk management section in item 7 , and note 10 borrowed funds , note 15 equity and note 18 regulatory matters in the notes to consolidated financial statements in item 8 of this report , which we include here by reference .\nwe include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2018 in the table ( with introductory paragraph and notes ) in item 12 of this report .\nour stock transfer agent and registrar is : computershare trust company , n.a .\n250 royall street canton , ma 02021 800-982-7652 www.computershare.com/pnc registered shareholders may contact computershare regarding dividends and other shareholder services .\nwe include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .\n( a ) ( 2 ) none .\n( b ) not applicable .\n( c ) details of our repurchases of pnc common stock during the fourth quarter of 2018 are included in the following table : in thousands , except per share data 2018 period total shares purchased ( a ) average price paid per share total shares purchased as part of publicly announced programs ( b ) maximum number of shares that may yet be purchased under the programs ( b ) .\n\nTable Data:\n[['2018 period', 'total shares purchased ( a )', 'average price paid per share', 'total shares purchased as part of publicly announced programs ( b )', 'maximum number of shares that may yet be purchased under the programs ( b )'], ['october 1 2013 31', '1204', '$ 128.43', '1189', '25663'], ['november 1 2013 30', '1491', '$ 133.79', '1491', '24172'], ['december 1 2013 31', '3458', '$ 119.43', '3458', '20714'], ['total', '6153', '$ 124.67', '', '']]\n\nFollowing Text:\n( a ) includes pnc common stock purchased in connection with our various employee benefit plans generally related to forfeitures of unvested restricted stock awards and shares used to cover employee payroll tax withholding requirements .\nnote 11 employee benefit plans and note 12 stock based compensation plans in the notes to consolidated financial statements in item 8 of this report include additional information regarding our employee benefit and equity compensation plans that use pnc common stock .\n( b ) on march 11 , 2015 , we announced that our board of directors approved a stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .\nrepurchases are made in open market or privately negotiated transactions and the timing and exact amount of common stock repurchases will depend on a number of factors including , among others , market and general economic conditions , regulatory capital considerations , alternative uses of capital , the potential impact on our credit ratings , and contractual and regulatory limitations , including the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve as part of the ccar process .\nin june 2018 , we announced share repurchase programs of up to $ 2.0 billion for the four quarter period beginning with the third quarter of 2018 , including repurchases of up to $ 300 million related to stock issuances under employee benefit plans , in accordance with pnc's 2018 capital plan .\nin november 2018 , we announced an increase to these previously announced programs in the amount of up to $ 900 million in additional common share repurchases .\nthe aggregate repurchase price of shares repurchased during the fourth quarter of 2018 was $ .8 billion .\nsee the liquidity and capital management portion of the risk management section in item 7 of this report for more information on the authorized share repurchase programs for the period july 1 , 2018 through june 30 , 2019 .\nhttp://www.computershare.com/pnc .\n\nQuestion: in the fourth quarter of 2018 what was the percent of the shares bought in december",
        "solution": "56.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_51.pdf\n\nID: AAPL/2007/page_51.pdf-1\n\nPrevious Text:\nno .\n159 requires that unrealized gains and losses on items for which the fair value option has been elected be reported in earnings at each reporting date .\nsfas no .\n159 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 .\nalthough the company will continue to evaluate the application of sfas no .\n159 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results .\nin september 2006 , the fasb issued sfas no .\n157 , fair value measurements , which defines fair value , provides a framework for measuring fair value , and expands the disclosures required for fair value measurements .\nsfas no .\n157 applies to other accounting pronouncements that require fair value measurements ; it does not require any new fair value measurements .\nsfas no .\n157 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 .\nalthough the company will continue to evaluate the application of sfas no .\n157 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results .\nin june 2006 , the fasb issued fasb interpretation no .\n( 2018 2018fin 2019 2019 ) 48 , accounting for uncertainty in income taxes-an interpretation of fasb statement no .\n109 .\nfin 48 clarifies the accounting for uncertainty in income taxes by creating a framework for how companies should recognize , measure , present , and disclose in their financial statements uncertain tax positions that they have taken or expect to take in a tax return .\nfin 48 is effective for fiscal years beginning after december 15 , 2006 and is required to be adopted by the company beginning in the first quarter of fiscal 2008 .\nalthough the company will continue to evaluate the application of fin 48 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results .\nliquidity and capital resources the following table presents selected financial information and statistics for each of the last three fiscal years ( dollars in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 .\n\nTable Data:\n[['', 'september 29 2007', 'september 30 2006', 'september 24 2005'], ['cash cash equivalents and short-term investments', '$ 15386', '$ 10110', '$ 8261'], ['accounts receivable net', '$ 1637', '$ 1252', '$ 895'], ['inventory', '$ 346', '$ 270', '$ 165'], ['working capital', '$ 12657', '$ 8066', '$ 6813'], ['annual operating cash flow', '$ 5470', '$ 2220', '$ 2535']]\n\nFollowing Text:\nas of september 29 , 2007 , the company had $ 15.4 billion in cash , cash equivalents , and short-term investments , an increase of $ 5.3 billion over the same balance at the end of september 30 , 2006 .\nthe principal components of this net increase were cash generated by operating activities of $ 5.5 billion , proceeds from the issuance of common stock under stock plans of $ 365 million and excess tax benefits from stock-based compensation of $ 377 million .\nthese increases were partially offset by payments for acquisitions of property , plant , and equipment of $ 735 million and payments for acquisitions of intangible assets of $ 251 million .\nthe company 2019s short-term investment portfolio is primarily invested in highly rated , liquid investments .\nas of september 29 , 2007 and september 30 , 2006 , $ 6.5 billion and $ 4.1 billion , respectively , of the company 2019s cash , cash equivalents , and short-term investments were held by foreign subsidiaries and are generally based in u.s .\ndollar-denominated holdings .\nthe company believes its existing balances of cash , cash equivalents , and short-term investments will be sufficient to satisfy its working capital needs , capital expenditures , outstanding commitments , and other liquidity requirements associated with its existing operations over the next 12 months. .\n\nQuestion: what was the percentage change in inventory between 2005 and 2006?",
        "solution": "64%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_377.pdf\n\nID: ETR/2011/page_377.pdf-3\n\nPrevious Text:\nentergy texas , inc .\nand subsidiaries management 2019s financial discussion and analysis gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased primarily due to the base rate increases and the volume/weather effect , as discussed above .\nfuel and purchased power expenses increased primarily due to an increase in demand coupled with an increase in deferred fuel expense as a result of lower fuel refunds in 2011 versus 2010 , partially offset by a decrease in the average market price of natural gas .\nother regulatory charges decreased primarily due to the distribution in the first quarter 2011 of $ 17.4 million to customers of the 2007 rough production cost equalization remedy receipts .\nsee note 2 to the financial statements for further discussion of the rough production cost equalization proceedings .\n2010 compared to 2009 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 ) .\nfollowing is an analysis of the change in net revenue comparing 2010 to 2009 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2009 net revenue', '$ 485.1'], ['net wholesale revenue', '27.7'], ['volume/weather', '27.2'], ['rough production cost equalization', '18.6'], ['retail electric price', '16.3'], ['securitization transition charge', '15.3'], ['purchased power capacity', '-44.3 ( 44.3 )'], ['other', '-5.7 ( 5.7 )'], ['2010 net revenue', '$ 540.2']]\n\nFollowing Text:\nthe net wholesale revenue variance is primarily due to increased sales to municipal and co-op customers due to the addition of new contracts .\nthe volume/weather variance is primarily due to increased electricity usage primarily in the residential and commercial sectors , resulting from a 1.5% ( 1.5 % ) increase in customers , coupled with the effect of more favorable weather on residential sales .\nbilled electricity usage increased a total of 777 gwh , or 5% ( 5 % ) .\nthe rough production cost equalization variance is due to an additional $ 18.6 million allocation recorded in the second quarter of 2009 for 2007 rough production cost equalization receipts ordered by the puct to texas retail customers over what was originally allocated to entergy texas prior to the jurisdictional separation of entergy gulf states , inc .\ninto entergy gulf states louisiana and entergy texas , effective december 2007 , as discussed in note 2 to the financial statements .\nthe retail electric price variance is primarily due to rate actions , including an annual base rate increase of $ 59 million beginning august 2010 as a result of the settlement of the december 2009 rate case .\nsee note 2 to the financial statements for further discussion of the rate case settlement .\nthe securitization transition charge variance is due to the issuance of securitization bonds .\nin november 2009 , entergy texas restoration funding , llc , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds .\nthe securitization transition charge is offset with a corresponding increase in interest on long-term debt with no impact on net income .\nsee note 5 to the financial statements for further discussion of the securitization bond issuance. .\n\nQuestion: what is the growth rate in net revenue from 2009 to 2010?",
        "solution": "11.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2004/page_76.pdf\n\nID: AMT/2004/page_76.pdf-4\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) stock-based compensation 2014the company complies with the provisions of sfas no .\n148 , 201caccounting for stock-based compensation 2014transition and disclosure 2014an amendment of sfas no .\n123 , 201d which provides optional transition guidance for those companies electing to voluntarily adopt the accounting provisions of sfas no .\n123 .\nthe company continues to use accounting principles board opinion no .\n25 ( apb no .\n25 ) , 201caccounting for stock issued to employees , 201d to account for equity grants and awards to employees , officers and directors and has adopted the disclosure-only provisions of sfas no .\n148 .\nin accordance with apb no .\n25 , the company recognizes compensation expense based on the excess , if any , of the quoted stock price at the grant date of the award or other measurement date over the amount an employee must pay to acquire the stock .\nthe company 2019s stock option plans are more fully described in note 13 .\nin december 2004 , the fasb issued sfas no .\n123r , 201cshare-based payment 201d ( sfas no .\n123r ) , described below .\nthe following table illustrates the effect on net loss and net loss per share if the company had applied the fair value recognition provisions of sfas no .\n123 ( as amended ) to stock-based compensation .\nthe estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : .\n\nTable Data:\n[['', '2004', '2003', '2002'], ['net loss as reported', '$ -247587 ( 247587 )', '$ -325321 ( 325321 )', '$ -1163540 ( 1163540 )'], ['add : stock-based employee compensation expense associated with modifications net of related tax effect included in net loss asreported', '2297', '2077', ''], ['less : total stock-based employee compensation expense determined under fair value based method for all awards net of related taxeffect', '-23906 ( 23906 )', '-31156 ( 31156 )', '-38126 ( 38126 )'], ['pro-forma net loss', '$ -269196 ( 269196 )', '$ -354400 ( 354400 )', '$ -1201666 ( 1201666 )'], ['basic and diluted net loss per share 2014as reported', '$ -1.10 ( 1.10 )', '$ -1.56 ( 1.56 )', '$ -5.95 ( 5.95 )'], ['basic and diluted net loss per share pro-forma', '$ -1.20 ( 1.20 )', '$ -1.70 ( 1.70 )', '$ -6.15 ( 6.15 )']]\n\nFollowing Text:\nduring the year ended december 31 , 2004 and 2003 , the company modified certain option awards to accelerate vesting and recorded charges of $ 3.0 million and $ 2.3 million , respectively , and corresponding increases to additional paid in capital in the accompanying consolidated financial statements .\nfair value of financial instruments 2014the carrying values of the company 2019s financial instruments , with the exception of long-term obligations , including current portion , reasonably approximate the related fair values as of december 31 , 2004 and 2003 .\nas of december 31 , 2004 , the carrying amount and fair value of long-term obligations , including current portion , were $ 3.3 billion and $ 3.6 billion , respectively .\nas of december 31 , 2003 , the carrying amount and fair value of long-term obligations , including current portion , were $ 3.4 billion and $ 3.6 billion , respectively .\nfair values are based primarily on quoted market prices for those or similar instruments .\nretirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements .\nunder the plan , the company matching contribution for periods prior to june 30 , 2004 was 35% ( 35 % ) up to a maximum 5% ( 5 % ) of a participant 2019s contributions .\neffective july 1 , 2004 , the plan was amended to increase the company match to 50% ( 50 % ) up to a maximum 6% ( 6 % ) of a participant 2019s contributions .\nthe company contributed approximately $ 533000 , $ 825000 and $ 979000 to the plan for the years ended december 31 , 2004 , 2003 and 2002 , respectively .\nrecent accounting pronouncements 2014in december 2004 , the fasb issued sfas no .\n123r , which is a revision of sfas no .\n123 , 201caccounting for stock-based compensation , 201d and supersedes apb no .\n25 , accounting for .\n\nQuestion: what is the percentage change in 401 ( k ) contributed amounts from 2003 to 2004?",
        "solution": "-35.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNPS/2006/page_67.pdf\n\nID: SNPS/2006/page_67.pdf-4\n\nPrevious Text:\nnote 3 .\nbusiness combinations purchase combinations .\nduring the fiscal years presented , the company made a number of purchase acquisitions .\nfor each acquisition , the excess of the purchase price over the estimated value of the net tangible assets acquired was allocated to various intangible assets , consisting primarily of developed technology , customer and contract-related assets and goodwill .\nthe values assigned to developed technologies related to each acquisition were based upon future discounted cash flows related to the existing products 2019 projected income streams .\ngoodwill , representing the excess of the purchase consideration over the fair value of tangible and identifiable intangible assets acquired in the acquisitions , will not to be amortized .\ngoodwill is not deductible for tax purposes .\nthe amounts allocated to purchased in-process research and developments were determined through established valuation techniques in the high-technology industry and were expensed upon acquisition because technological feasibility had not been established and no future alternative uses existed .\nthe consolidated financial statements include the operating results of each business from the date of acquisition .\nthe company does not consider these acquisitions to be material to its results of operations and is therefore not presenting pro forma statements of operations for the fiscal years ended october 31 , 2006 , 2005 and 2004 .\nfiscal 2006 acquisitions sigma-c software ag ( sigma-c ) the company acquired sigma-c on august 16 , 2006 in an all-cash transaction .\nreasons for the acquisition .\nsigma-c provides simulation software that allows semiconductor manufacturers and their suppliers to develop and optimize process sequences for optical lithography , e-beam lithography and next-generation lithography technologies .\nthe company believes the acquisition will enable a tighter integration between design and manufacturing tools , allowing the company 2019s customers to perform more accurate design layout analysis with 3d lithography simulation and better understand issues that affect ic wafer yields .\npurchase price .\nthe company paid $ 20.5 million in cash for the outstanding shares and shareholder notes of which $ 2.05 million was deposited with an escrow agent and will be paid per the escrow agreement .\nthe company believes that the escrow amount will be paid .\nthe total purchase consideration consisted of: .\n\nTable Data:\n[['', '( in thousands )'], ['cash paid', '$ 20500'], ['acquisition-related costs', '2053'], ['total purchase price', '$ 22553']]\n\nFollowing Text:\nacquisition-related costs of $ 2.1 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .\nas of october 31 , 2006 , the company had paid $ 0.9 million of the acquisition-related costs .\nthe $ 1.2 million balance remaining at october 31 , 2006 primarily consists of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .\nassets acquired .\nthe company performed a preliminary valuation and allocated the total purchase consideration to assets and liabilities .\nthe company acquired $ 6.0 million of intangible assets consisting of $ 3.9 million in existing technology , $ 1.9 million in customer relationships and $ 0.2 million in trade names to be amortized over five years .\nthe company also acquired assets of $ 3.9 million and assumed liabilities of $ 5.1 million as result of this transaction .\ngoodwill , representing the excess of the purchase price over the .\n\nQuestion: what is the percentage of the acquisition-related costs among the total purchase price?",
        "solution": "9.10%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2002/page_88.pdf\n\nID: AMT/2002/page_88.pdf-2\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) customer leases 2014the company 2019s lease agreements with its customers vary depending upon the industry .\ntelevision and radio broadcasters prefer long-term leases , while wireless communications providers favor leases in the range of five to ten years .\nmost leases contain renewal options .\nescalation clauses present in operating leases , excluding those tied to cpi , are straight-lined over the term of the lease .\nfuture minimum rental receipts expected from customers under noncancelable operating lease agreements in effect at december 31 , 2002 are as follows ( in thousands ) : year ending december 31 .\n\nTable Data:\n[['2003', '$ 459188'], ['2004', '439959'], ['2005', '409670'], ['2006', '363010'], ['2007', '303085'], ['thereafter', '1102597'], ['total', '$ 3077509']]\n\nFollowing Text:\nacquisition commitments 2014as of december 31 , 2002 , the company was party to an agreement relating to the acquisition of tower assets from a third party for an estimated aggregate purchase price of approximately $ 74.0 million .\nthe company may pursue the acquisitions of other properties and businesses in new and existing locations , although there are no definitive material agreements with respect thereto .\nbuild-to-suit agreements 2014as of december 31 , 2002 , the company was party to various arrangements relating to the construction of tower sites under existing build-to-suit agreements .\nunder the terms of the agreements , the company is obligated to construct up to 1000 towers over a five year period which includes 650 towers in mexico and 350 towers in brazil over the next three years .\nthe company is in the process of renegotiating several of these agreements to reduce its overall commitment ; however , there can be no assurance that it will be successful in doing so .\natc separation 2014the company was a wholly owned subsidiary of american radio systems corporation ( american radio ) until consummation of the spin-off of the company from american radio on june 4 , 1998 ( the atc separation ) .\non june 4 , 1998 , the merger of american radio and a subsidiary of cbs corporation ( cbs ) was consummated .\nas a result of the merger , all of the outstanding shares of the company 2019s common stock owned by american radio were distributed or reserved for distribution to american radio stockholders , and the company ceased to be a subsidiary of , or to be otherwise affiliated with , american radio .\nfurthermore , from that day forward the company began operating as an independent publicly traded company .\nin connection with the atc separation , the company agreed to reimburse cbs for any tax liabilities incurred by american radio as a result of the transaction .\nupon completion of the final american radio tax returns , the amount of these tax liabilities was determined and paid by the company .\nthe company continues to be obligated under a tax indemnification agreement with cbs , however , until june 30 , 2003 , subject to the extension of federal and applicable state statutes of limitations .\nthe company is currently aware that the internal revenue service ( irs ) is in the process of auditing certain tax returns filed by cbs and its predecessors , including those that relate to american radio and the atc separation transaction .\nin the event that the irs imposes additional tax liabilities on american radio relating to the atc separation , the company would be obligated to reimburse cbs for such liabilities .\nthe company cannot currently anticipate or estimate the potential additional tax liabilities , if any , that may be imposed by the irs , however , such amounts could be material to the company 2019s consolidated financial position and results of operations .\nthe company is not aware of any material obligations relating to this tax indemnity as of december 31 , 2002 .\naccordingly , no amounts have been provided for in the consolidated financial statements relating to this indemnification. .\n\nQuestion: what portion of future minimum rental receipts is expected to be collected within the next 24 months?",
        "solution": "29.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2012/page_58.pdf\n\nID: CDNS/2012/page_58.pdf-2\n\nPrevious Text:\nall highly liquid securities with a maturity of three months or less at the date of purchase are considered to be cash equivalents .\nsecurities with maturities greater than three months are classified as available-for-sale and are considered to be short-term investments .\nthe carrying value of our interest-bearing instruments approximated fair value as of december 29 , 2012 .\ninterest rates under our revolving credit facility are variable , so interest expense for periods when the credit facility is utilized could be adversely affected by changes in interest rates .\ninterest rates under our revolving credit facility can fluctuate based on changes in market interest rates and in an interest rate margin that varies based on our consolidated leverage ratio .\nas of december 29 , 2012 , we had no outstanding balance on the credit facility .\nsee note 3 in the notes to consolidated financial statements for an additional description of our credit facility .\nequity price risk convertible notes our 2015 notes and 2013 notes include conversion and settlement provisions that are based on the price of our common stock at conversion or at maturity of the notes .\nin addition , the hedges and warrants associated with these convertible notes also include settlement provisions that are based on the price of our common stock .\nthe amount of cash we may be required to pay , or the number of shares we may be required to provide to note holders at conversion or maturity of these notes , is determined by the price of our common stock .\nthe amount of cash or number of shares that we may receive from hedge counterparties in connection with the related hedges and the number of shares that we may be required to provide warrant counterparties in connection with the related warrants are also determined by the price of our common stock .\nupon the expiration of our 2015 warrants , cadence will issue shares of common stock to the purchasers of the warrants to the extent our stock price exceeds the warrant strike price of $ 10.78 at that time .\nthe following table shows the number of shares that cadence would issue to 2015 warrant counterparties at expiration of the warrants , assuming various cadence closing stock prices on the dates of warrant expiration : shares ( in millions ) .\n\nTable Data:\n[['', 'shares ( in millions )'], ['$ 11.00', '0.9'], ['$ 12.00', '4.7'], ['$ 13.00', '7.9'], ['$ 14.00', '10.7'], ['$ 15.00', '13.0'], ['$ 16.00', '15.1'], ['$ 17.00', '17.0'], ['$ 18.00', '18.6'], ['$ 19.00', '20.1'], ['$ 20.00', '21.4']]\n\nFollowing Text:\nprior to the expiration of the 2015 warrants , for purposes of calculating diluted earnings per share , our diluted weighted-average shares outstanding will increase when our average closing stock price for a quarter exceeds $ 10.78 .\nfor an additional description of our 2015 notes and 2013 notes , see note 3 in the notes to consolidated financial statements and 201cliquidity and capital resources 2014 other factors affecting liquidity and capital resources , 201d under item 7 , 201cmanagement 2019s discussion and analysis of financial condition and results of operations . 201d .\n\nQuestion: what is the percentage difference in the number of shares to be issued if the stock price closes at $ 16 compared to if it closes at $ 20?",
        "solution": "42%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2016/page_73.pdf\n\nID: PNC/2016/page_73.pdf-2\n\nPrevious Text:\nbrokered home equity lines of credit ) .\nas part of our overall risk analysis and monitoring , we segment the home equity portfolio based upon the loan delinquency , modification status and bankruptcy status , as well as the delinquency , modification status and bankruptcy status of any mortgage loan with the same borrower ( regardless of whether it is a first lien senior to our second lien ) .\nin establishing our alll for non-impaired loans , we utilize a delinquency roll-rate methodology for pools of loans .\nthe roll-rate methodology estimates transition/roll of loan balances from one delinquency state to the next delinquency state and ultimately to charge-off .\nthe roll through to charge-off is based on our actual loss experience for each type of pool .\neach of our home equity pools contains both first and second liens .\nour experience has been that the ratio of first to second lien loans has been consistent over time and the charge-off amounts for the pools , used to establish our allowance , include losses on both first and second lien loans .\ngenerally , our variable-rate home equity lines of credit have either a seven or ten year draw period , followed by a 20-year amortization term .\nduring the draw period , we have home equity lines of credit where borrowers pay either interest only or principal and interest .\nwe view home equity lines of credit where borrowers are paying principal and interest under the draw period as less risky than those where the borrowers are paying interest only , as these borrowers have a demonstrated ability to make some level of principal and interest payments .\nthe risk associated with the borrower 2019s ability to satisfy the loan terms upon the draw period ending is considered in establishing our alll .\nbased upon outstanding balances at december 31 , 2016 , the following table presents the periods when home equity lines of credit draw periods are scheduled to end .\ntable 18 : home equity lines of credit 2013 draw period end in millions interest only product principal and interest product .\n\nTable Data:\n[['in millions', 'interest onlyproduct', 'principal andinterest product'], ['2017', '$ 1657', '$ 434'], ['2018', '796', '636'], ['2019', '546', '483'], ['2020', '442', '434'], ['2021 and thereafter', '2960', '6438'], ['total ( a ) ( b )', '$ 6401', '$ 8425']]\n\nFollowing Text:\n( a ) includes all home equity lines of credit that mature in 2017 or later , including those with borrowers where we have terminated borrowing privileges .\n( b ) includes home equity lines of credit with balloon payments , including those where we have terminated borrowing privileges , of $ 35 million , $ 27 million , $ 20 million , $ 71 million and $ 416 million with draw periods scheduled to end in 2017 , 2018 , 2019 , 2020 and 2021 and thereafter , respectively .\nbased upon outstanding balances , and excluding purchased impaired loans , at december 31 , 2016 , for home equity lines of credit for which the borrower can no longer draw ( e.g. , draw period has ended or borrowing privileges have been terminated ) , approximately 3% ( 3 % ) were 30-89 days past due and approximately 6% ( 6 % ) were 90 days or more past due , which are accounted for as nonperforming .\ngenerally , when a borrower becomes 60 days past due , we terminate borrowing privileges and those privileges are not subsequently reinstated .\nat that point , we continue our collection/recovery processes , which may include loan modification resulting in a loan that is classified as a tdr .\nauto loan portfolio the auto loan portfolio totaled $ 12.4 billion as of december 31 , 2016 , or 6% ( 6 % ) of our total loan portfolio .\nof that total , $ 10.8 billion resides in the indirect auto portfolio , $ 1.3 billion in the direct auto portfolio , and $ .3 billion in acquired or securitized portfolios , which has been declining as no pools have been recently acquired .\nindirect auto loan applications are generated from franchised automobile dealers .\nthis business is strategically aligned with our core retail business .\nwe have elected not to pursue non-prime auto lending as evidenced by an average new loan origination fico score during 2016 of 760 for indirect auto loans and 775 for direct auto loans .\nas of december 31 , 2016 , .4% ( .4 % ) of our auto loan portfolio was nonperforming and .5% ( .5 % ) of the portfolio was accruing past due .\nwe offer both new and used automobile financing to customers through our various channels .\nthe portfolio was composed of 57% ( 57 % ) new vehicle loans and 43% ( 43 % ) used vehicle loans at december 31 , 2016 .\nthe auto loan portfolio 2019s performance is measured monthly , including updated collateral values that are obtained monthly and updated fico scores that are obtained at least quarterly .\nfor internal reporting and risk management , we analyze the portfolio by product channel and product type , and regularly evaluate default and delinquency experience .\nas part of our overall risk analysis and monitoring , we segment the portfolio by loan structure , collateral attributes , and credit metrics which include fico score , loan-to-value and term .\nenergy related loan portfolio our portfolio of loans outstanding in the oil and gas industry totaled $ 2.4 billion as of december 31 , 2016 , or 1% ( 1 % ) of our total loan portfolio and 2% ( 2 % ) of our total commercial lending portfolio .\nthis portfolio comprised approximately $ 1.0 billion in the midstream and downstream sectors , $ .8 billion to oil services companies and $ .6 billion to upstream sectors .\nof the oil services portfolio , approximately $ .2 billion is not asset- based or investment grade .\nnonperforming loans in the oil and gas sector as of december 31 , 2016 totaled $ 184 million , or 8% ( 8 % ) of total nonperforming assets .\nour portfolio of loans outstanding in the coal industry totaled $ .4 billion as of december 31 , 2016 , or less than 1% ( 1 % ) of both our total loan portfolio and our total commercial lending portfolio .\nnonperforming loans in the coal industry as of december 31 , 2016 totaled $ 61 million , or 3% ( 3 % ) of total nonperforming assets .\nthe pnc financial services group , inc .\n2013 form 10-k 57 .\n\nQuestion: was the interest only product balance for the 2017 draw period greater than the 2018 draw period?\\\\n\\\\n",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2010/page_45.pdf\n\nID: PPG/2010/page_45.pdf-2\n\nPrevious Text:\nnotes to the consolidated financial statements the credit agreement provides that loans will bear interest at rates based , at the company 2019s option , on one of two specified base rates plus a margin based on certain formulas defined in the credit agreement .\nadditionally , the credit agreement contains a commitment fee on the amount of unused commitment under the credit agreement ranging from 0.125% ( 0.125 % ) to 0.625% ( 0.625 % ) per annum .\nthe applicable interest rate and the commitment fee will vary depending on the ratings established by standard & poor 2019s financial services llc and moody 2019s investor service inc .\nfor the company 2019s non-credit enhanced , long- term , senior , unsecured debt .\nthe credit agreement contains usual and customary restrictive covenants for facilities of its type , which include , with specified exceptions , limitations on the company 2019s ability to create liens or other encumbrances , to enter into sale and leaseback transactions and to enter into consolidations , mergers or transfers of all or substantially all of its assets .\nthe credit agreement also requires the company to maintain a ratio of total indebtedness to total capitalization , as defined in the credit agreement , of sixty percent or less .\nthe credit agreement contains customary events of default that would permit the lenders to accelerate the repayment of any loans , including the failure to make timely payments when due under the credit agreement or other material indebtedness , the failure to satisfy covenants contained in the credit agreement , a change in control of the company and specified events of bankruptcy and insolvency .\nthere were no amounts outstanding under the credit agreement at december 31 , on november 12 , 2010 , ppg completed a public offering of $ 250 million in aggregate principal amount of its 1.900% ( 1.900 % ) notes due 2016 ( the 201c2016 notes 201d ) , $ 500 million in aggregate principal amount of its 3.600% ( 3.600 % ) notes due 2020 ( the 201c2020 notes 201d ) and $ 250 million in aggregate principal amount of its 5.500% ( 5.500 % ) notes due 2040 ( the 201c2040 notes 201d ) .\nthese notes were issued pursuant to an indenture dated as of march 18 , 2008 ( the 201coriginal indenture 201d ) between the company and the bank of new york mellon trust company , n.a. , as trustee ( the 201ctrustee 201d ) , as supplemented by a first supplemental indenture dated as of march 18 , 2008 between the company and the trustee ( the 201cfirst supplemental indenture 201d ) and a second supplemental indenture dated as of november 12 , 2010 between the company and the trustee ( the 201csecond supplemental indenture 201d and , together with the original indenture and the first supplemental indenture , the 201cindenture 201d ) .\nthe company may issue additional debt from time to time pursuant to the original indenture .\nthe indenture governing these notes contains covenants that limit the company 2019s ability to , among other things , incur certain liens securing indebtedness , engage in certain sale-leaseback transactions , and enter into certain consolidations , mergers , conveyances , transfers or leases of all or substantially all the company 2019s assets .\nthe terms of these notes also require the company to make an offer to repurchase notes upon a change of control triggering event ( as defined in the second supplemental indenture ) at a price equal to 101% ( 101 % ) of their principal amount plus accrued and unpaid interest .\ncash proceeds from this notes offering was $ 983 million ( net of discount and issuance costs ) .\nthe discount and issuance costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 791 million of which $ 31 million was used as of december 31 , 2010 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2010 and 2009 , was as follows : ( millions ) 2010 2009 20ac650 million revolving credit facility , 0.8% ( 0.8 % ) as of dec .\n31 , 2009 $ 2014 $ 110 other , weighted average 3.39% ( 3.39 % ) as of dec .\n31 , 2010 and 2.2% ( 2.2 % ) as of december 31 , 2009 24 158 total $ 24 $ 268 ppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2010 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2010 , 2009 and 2008 totaled $ 189 million , $ 201 million and $ 228 million , respectively .\n2010 ppg annual report and form 10-k 43 .\n\nTable Data:\n[['( millions )', '2010', '2009'], ['20ac650 million revolving credit facility 0.8% ( 0.8 % ) as of dec . 31 2009', '$ 2014', '$ 110'], ['other weighted average 3.39% ( 3.39 % ) as of dec . 31 2010 and 2.2% ( 2.2 % ) as of december 31 2009', '24', '158'], ['total', '$ 24', '$ 268']]\n\nFollowing Text:\nnotes to the consolidated financial statements the credit agreement provides that loans will bear interest at rates based , at the company 2019s option , on one of two specified base rates plus a margin based on certain formulas defined in the credit agreement .\nadditionally , the credit agreement contains a commitment fee on the amount of unused commitment under the credit agreement ranging from 0.125% ( 0.125 % ) to 0.625% ( 0.625 % ) per annum .\nthe applicable interest rate and the commitment fee will vary depending on the ratings established by standard & poor 2019s financial services llc and moody 2019s investor service inc .\nfor the company 2019s non-credit enhanced , long- term , senior , unsecured debt .\nthe credit agreement contains usual and customary restrictive covenants for facilities of its type , which include , with specified exceptions , limitations on the company 2019s ability to create liens or other encumbrances , to enter into sale and leaseback transactions and to enter into consolidations , mergers or transfers of all or substantially all of its assets .\nthe credit agreement also requires the company to maintain a ratio of total indebtedness to total capitalization , as defined in the credit agreement , of sixty percent or less .\nthe credit agreement contains customary events of default that would permit the lenders to accelerate the repayment of any loans , including the failure to make timely payments when due under the credit agreement or other material indebtedness , the failure to satisfy covenants contained in the credit agreement , a change in control of the company and specified events of bankruptcy and insolvency .\nthere were no amounts outstanding under the credit agreement at december 31 , on november 12 , 2010 , ppg completed a public offering of $ 250 million in aggregate principal amount of its 1.900% ( 1.900 % ) notes due 2016 ( the 201c2016 notes 201d ) , $ 500 million in aggregate principal amount of its 3.600% ( 3.600 % ) notes due 2020 ( the 201c2020 notes 201d ) and $ 250 million in aggregate principal amount of its 5.500% ( 5.500 % ) notes due 2040 ( the 201c2040 notes 201d ) .\nthese notes were issued pursuant to an indenture dated as of march 18 , 2008 ( the 201coriginal indenture 201d ) between the company and the bank of new york mellon trust company , n.a. , as trustee ( the 201ctrustee 201d ) , as supplemented by a first supplemental indenture dated as of march 18 , 2008 between the company and the trustee ( the 201cfirst supplemental indenture 201d ) and a second supplemental indenture dated as of november 12 , 2010 between the company and the trustee ( the 201csecond supplemental indenture 201d and , together with the original indenture and the first supplemental indenture , the 201cindenture 201d ) .\nthe company may issue additional debt from time to time pursuant to the original indenture .\nthe indenture governing these notes contains covenants that limit the company 2019s ability to , among other things , incur certain liens securing indebtedness , engage in certain sale-leaseback transactions , and enter into certain consolidations , mergers , conveyances , transfers or leases of all or substantially all the company 2019s assets .\nthe terms of these notes also require the company to make an offer to repurchase notes upon a change of control triggering event ( as defined in the second supplemental indenture ) at a price equal to 101% ( 101 % ) of their principal amount plus accrued and unpaid interest .\ncash proceeds from this notes offering was $ 983 million ( net of discount and issuance costs ) .\nthe discount and issuance costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 791 million of which $ 31 million was used as of december 31 , 2010 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2010 and 2009 , was as follows : ( millions ) 2010 2009 20ac650 million revolving credit facility , 0.8% ( 0.8 % ) as of dec .\n31 , 2009 $ 2014 $ 110 other , weighted average 3.39% ( 3.39 % ) as of dec .\n31 , 2010 and 2.2% ( 2.2 % ) as of december 31 , 2009 24 158 total $ 24 $ 268 ppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2010 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2010 , 2009 and 2008 totaled $ 189 million , $ 201 million and $ 228 million , respectively .\n2010 ppg annual report and form 10-k 43 .\n\nQuestion: what would 2011 interest payments be based on the rate of change in 2009 to 2010?",
        "solution": "177.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2018/page_30.pdf\n\nID: ORLY/2018/page_30.pdf-3\n\nPrevious Text:\nstock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2013 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . .\n\nTable Data:\n[['company/index', 'december 31 , 2013', 'december 31 , 2014', 'december 31 , 2015', 'december 31 , 2016', 'december 31 , 2017', 'december 31 , 2018'], ['o 2019reilly automotive inc .', '$ 100', '$ 150', '$ 197', '$ 216', '$ 187', '$ 268'], ['s&p 500 retail index', '100', '110', '137', '143', '184', '208'], ['s&p 500', '$ 100', '$ 111', '$ 111', '$ 121', '$ 145', '$ 136']]\n\nFollowing Text:\n.\n\nQuestion: what was the five year change in value of the o 2019reilly automotive inc . stock?",
        "solution": "168"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EL/2013/page_137.pdf\n\nID: EL/2013/page_137.pdf-2\n\nPrevious Text:\ncurrencies of major industrial countries .\nwe may also enter into foreign currency option contracts to hedge anticipated transactions where there is a high probability that anticipated exposures will materialize .\nthe foreign currency forward contracts entered into to hedge antici- pated transactions have been designated as foreign currency cash-flow hedges and have varying maturities through the end of march 2015 .\nhedge effectiveness of foreign currency forward contracts is based on a hypo- thetical derivative methodology and excludes the portion of fair value attributable to the spot-forward difference which is recorded in current-period earnings .\nhedge effectiveness of foreign currency option contracts is based on a dollar offset methodology .\nthe ineffective portion of both foreign currency forward and option con- tracts is recorded in current-period earnings .\nfor hedge contracts that are no longer deemed highly effective , hedge accounting is discontinued and gains and losses accumulated in other comprehensive income ( loss ) are reclassified to earnings when the underlying forecasted transaction occurs .\nif it is probable that the forecasted transaction will no longer occur , then any gains or losses in accumulated other comprehensive income ( loss ) are reclassified to current-period earnings .\nas of june 30 , 2013 , these foreign currency cash-flow hedges were highly effective in all material respects .\nat june 30 , 2013 , we had foreign currency forward contracts in the amount of $ 1579.6 million .\nthe foreign currencies included in foreign currency forward contracts ( notional value stated in u.s .\ndollars ) are principally the british pound ( $ 426.2 million ) , euro ( $ 268.8 million ) , canadian dollar ( $ 198.6 million ) , swiss franc ( $ 111.5 mil- lion ) , australian dollar ( $ 92.1 million ) , thailand baht ( $ 75.5 million ) and hong kong dollar ( $ 58.1 million ) .\ncredit risk as a matter of policy , we only enter into derivative con- tracts with counterparties that have a long-term credit rat- ing of at least a- or higher by at least two nationally recognized rating agencies .\nthe counterparties to these contracts are major financial institutions .\nexposure to credit risk in the event of nonperformance by any of the counterparties is limited to the gross fair value of con- tracts in asset positions , which totaled $ 21.7 million at june 30 , 2013 .\nto manage this risk , we have established counterparty credit guidelines that are continually moni- tored .\naccordingly , management believes risk of loss under these hedging contracts is remote .\ncertain of our derivative financial instruments contain credit-risk-related contingent features .\nat june 30 , 2013 , we were in a net asset position for certain derivative contracts that contain such features with two counter- parties .\nthe fair value of those contracts as of june 30 , 2013 was approximately $ 4.6 million .\nas of june 30 , 2013 , we were in compliance with such credit-risk-related contingent features .\nmarket risk we use a value-at-risk model to assess the market risk of our derivative financial instruments .\nvalue-at-risk repre- sents the potential losses for an instrument or portfolio from adverse changes in market factors for a specified time period and confidence level .\nwe estimate value-at- risk across all of our derivative financial instruments using a model with historical volatilities and correlations calcu- lated over the past 250-day period .\nthe high , low and average measured value-at-risk during fiscal 2013 related to our foreign exchange contracts is as follows: .\n\nTable Data:\n[['( in millions )', 'year ended june 30 2013 high', 'year ended june 30 2013 low', 'year ended june 30 2013 average'], ['foreign exchange contracts', '$ 24.5', '$ 19.1', '$ 21.9']]\n\nFollowing Text:\nforeign exchange contracts $ 24.5 $ 19.1 $ 21.9 the model estimates were made assuming normal market conditions and a 95 percent confidence level .\nwe used a statistical simulation model that valued our derivative financial instruments against one thousand randomly gen- erated market price paths .\nour calculated value-at-risk exposure represents an estimate of reasonably possible net losses that would be recognized on our portfolio of derivative financial instruments assuming hypothetical movements in future market rates and is not necessarily indicative of actual results , which may or may not occur .\nit does not represent the maximum possible loss or any expected loss that may occur , since actual future gains and losses will differ from those estimated , based upon actual fluctuations in market rates , operating exposures , and the timing thereof , and changes in our portfolio of derivative financial instruments during the year .\nwe believe , however , that any such loss incurred would be offset by the effects of market rate movements on the respective underlying transactions for which the deriva- tive financial instrument was intended .\noff-balance sheet arrangements we do not maintain any off-balance sheet arrangements , transactions , obligations or other relationships with unconsolidated entities , other than operating leases , that would be expected to have a material current or future effect upon our financial condition or results of operations .\nthe est{e lauder companies inc .\n135 .\n\nQuestion: what is the percentage of the british pound among the total foreign currency forward contracts?",
        "solution": "27%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2017/page_114.pdf\n\nID: SLG/2017/page_114.pdf-3\n\nPrevious Text:\n112 / sl green realty corp .\n2017 annual report 20 .\ncommitments and contingencies legal proceedings as of december a031 , 2017 , the company and the operating partnership were not involved in any material litigation nor , to management 2019s knowledge , was any material litigation threat- ened against us or our portfolio which if adversely determined could have a material adverse impact on us .\nenvironmental matters our management believes that the properties are in compliance in all material respects with applicable federal , state and local ordinances and regulations regarding environmental issues .\nmanagement is not aware of any environmental liability that it believes would have a materially adverse impact on our financial position , results of operations or cash flows .\nmanagement is unaware of any instances in which it would incur significant envi- ronmental cost if any of our properties were sold .\nemployment agreements we have entered into employment agreements with certain exec- utives , which expire between december a02018 and february a02020 .\nthe minimum cash-based compensation , including base sal- ary and guaranteed bonus payments , associated with these employment agreements total $ 5.4 a0million for 2018 .\nin addition these employment agreements provide for deferred compen- sation awards based on our stock price and which were valued at $ 1.6 a0million on the grant date .\nthe value of these awards may change based on fluctuations in our stock price .\ninsurance we maintain 201call-risk 201d property and rental value coverage ( includ- ing coverage regarding the perils of flood , earthquake and terrorism , excluding nuclear , biological , chemical , and radiological terrorism ( 201cnbcr 201d ) ) , within three property insurance programs and liability insurance .\nseparate property and liability coverage may be purchased on a stand-alone basis for certain assets , such as the development of one vanderbilt .\nadditionally , our captive insurance company , belmont insurance company , or belmont , pro- vides coverage for nbcr terrorist acts above a specified trigger , although if belmont is required to pay a claim under our insur- ance policies , we would ultimately record the loss to the extent of belmont 2019s required payment .\nhowever , there is no assurance that in the future we will be able to procure coverage at a reasonable cost .\nfurther , if we experience losses that are uninsured or that exceed policy limits , we could lose the capital invested in the damaged properties as well as the anticipated future cash flows from those plan trustees adopted a rehabilitation plan consistent with this requirement .\nno surcharges have been paid to the pension plan as of december a031 , 2017 .\nfor the pension plan years ended june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 257.8 a0million , $ 249.5 a0million , and $ 221.9 a0million .\nour contributions to the pension plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan .\nthe health plan was established under the terms of collective bargaining agreements between the union , the realty advisory board on labor relations , inc .\nand certain other employees .\nthe health plan provides health and other benefits to eligible participants employed in the building service industry who are covered under collective bargaining agreements , or other writ- ten agreements , with the union .\nthe health plan is administered by a board of trustees with equal representation by the employ- ers and the union and operates under employer identification number a013-2928869 .\nthe health plan receives contributions in accordance with collective bargaining agreements or participa- tion agreements .\ngenerally , these agreements provide that the employers contribute to the health plan at a fixed rate on behalf of each covered employee .\nfor the health plan years ended , june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 1.3 a0billion , $ 1.2 a0billion and $ 1.1 a0billion , respectively .\nour contributions to the health plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan .\ncontributions we made to the multi-employer plans for the years ended december a031 , 2017 , 2016 and 2015 are included in the table below ( in thousands ) : .\n\nTable Data:\n[['benefit plan', '2017', '2016', '2015'], ['pension plan', '$ 3856', '$ 3979', '$ 2732'], ['health plan', '11426', '11530', '8736'], ['other plans', '1463', '1583', '5716'], ['total plan contributions', '$ 16745', '$ 17092', '$ 17184']]\n\nFollowing Text:\n401 ( k ) plan in august a01997 , we implemented a 401 ( k ) a0savings/retirement plan , or the 401 ( k ) a0plan , to cover eligible employees of ours , and any designated affiliate .\nthe 401 ( k ) a0plan permits eligible employees to defer up to 15% ( 15 % ) of their annual compensation , subject to certain limitations imposed by the code .\nthe employees 2019 elective deferrals are immediately vested and non-forfeitable upon contribution to the 401 ( k ) a0plan .\nduring a02003 , we amended our 401 ( k ) a0plan to pro- vide for discretionary matching contributions only .\nfor 2017 , 2016 and 2015 , a matching contribution equal to 50% ( 50 % ) of the first 6% ( 6 % ) of annual compensation was made .\nfor the year ended december a031 , 2017 , we made a matching contribution of $ 728782 .\nfor the years ended december a031 , 2016 and 2015 , we made matching contribu- tions of $ 566000 and $ 550000 , respectively. .\n\nQuestion: what percentage of total contributions in 2017 was the 2017 pension plan?",
        "solution": "23%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_18.pdf\n\nID: ETR/2016/page_18.pdf-2\n\nPrevious Text:\nentergy corporation and subsidiaries management 2019s financial discussion and analysis combination .\nconsistent with the terms of the stipulated settlement in the business combination proceeding , electric customers of entergy louisiana will realize customer credits associated with the business combination ; accordingly , in october 2015 , entergy recorded a regulatory liability of $ 107 million ( $ 66 million net-of-tax ) .\nthese costs are being amortized over a nine-year period beginning december 2015 .\nsee note 2 to the financial statements for further discussion of the business combination and customer credits .\nthe volume/weather variance is primarily due to the effect of more favorable weather during the unbilled period and an increase in industrial usage , partially offset by the effect of less favorable weather on residential sales .\nthe increase in industrial usage is primarily due to expansion projects , primarily in the chemicals industry , and increased demand from new customers , primarily in the industrial gases industry .\nthe louisiana act 55 financing savings obligation variance results from a regulatory charge for tax savings to be shared with customers per an agreement approved by the lpsc .\nthe tax savings results from the 2010-2011 irs audit settlement on the treatment of the louisiana act 55 financing of storm costs for hurricane gustav and hurricane ike .\nsee note 3 to the financial statements for additional discussion of the settlement and benefit sharing .\nincluded in other is a provision of $ 23 million recorded in 2016 related to the settlement of the waterford 3 replacement steam generator prudence review proceeding , offset by a provision of $ 32 million recorded in 2015 related to the uncertainty at that time associated with the resolution of the waterford 3 replacement steam generator prudence review proceeding .\nsee note 2 to the financial statements for a discussion of the waterford 3 replacement steam generator prudence review proceeding .\nentergy wholesale commodities following is an analysis of the change in net revenue comparing 2016 to 2015 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2015 net revenue', '$ 1666'], ['nuclear realized price changes', '-149 ( 149 )'], ['rhode island state energy center', '-44 ( 44 )'], ['nuclear volume', '-36 ( 36 )'], ['fitzpatrick reimbursement agreement', '41'], ['nuclear fuel expenses', '68'], ['other', '-4 ( 4 )'], ['2016 net revenue', '$ 1542']]\n\nFollowing Text:\nas shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 124 million in 2016 primarily due to : 2022 lower realized wholesale energy prices and lower capacity prices , although the average revenue per mwh shown in the table below for the nuclear fleet is slightly higher because it includes revenues from the fitzpatrick reimbursement agreement with exelon , the amortization of the palisades below-market ppa , and vermont yankee capacity revenue .\nthe effect of the amortization of the palisades below-market ppa and vermont yankee capacity revenue on the net revenue variance from 2015 to 2016 is minimal ; 2022 the sale of the rhode island state energy center in december 2015 .\nsee note 14 to the financial statements for further discussion of the rhode island state energy center sale ; and 2022 lower volume in the entergy wholesale commodities nuclear fleet resulting from more refueling outage days in 2016 as compared to 2015 and larger exercise of resupply options in 2016 as compared to 2015 .\nsee 201cnuclear .\n\nQuestion: what is the net change in net revenue during 2016?",
        "solution": "-124"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2012/page_65.pdf\n\nID: ADI/2012/page_65.pdf-3\n\nPrevious Text:\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) asu no .\n2011-05 is effective for fiscal years , and interim periods within those years , beginning after december 15 , 2011 , which is the company 2019s fiscal year 2013 .\nsubsequently , in december 2011 , the fasb issued asu no .\n2011-12 , deferral of the effective date for amendments to the presentation of reclassifications of items out of accumulated other comprehensive income in accounting standards update no .\n2011-05 ( asu no .\n2011-12 ) , which defers only those changes in asu no .\n2011-05 that relate to the presentation of reclassification adjustments but does not affect all other requirements in asu no .\n2011-05 .\nthe adoption of asu no .\n2011-05 and asu no .\n2011-12 will affect the presentation of comprehensive income but will not materially impact the company 2019s financial condition or results of operations .\nu .\ndiscontinued operations in november 2007 , the company entered into a purchase and sale agreement with certain subsidiaries of on semiconductor corporation to sell the company 2019s cpu voltage regulation and pc thermal monitoring business which consisted of core voltage regulator products for the central processing unit in computing and gaming applications and temperature sensors and fan-speed controllers for managing the temperature of the central processing unit .\nduring fiscal 2008 , the company completed the sale of this business .\nin the first quarter of fiscal 2010 , proceeds of $ 1 million were released from escrow and $ 0.6 million net of tax was recorded as additional gain from the sale of discontinued operations .\nthe company does not expect any additional proceeds from this sale .\nin september 2007 , the company entered into a definitive agreement to sell its baseband chipset business to mediatek inc .\nthe decision to sell the baseband chipset business was due to the company 2019s decision to focus its resources in areas where its signal processing expertise can provide unique capabilities and earn superior returns .\nduring fiscal 2008 , the company completed the sale of its baseband chipset business for net cash proceeds of $ 269 million .\nthe company made cash payments of $ 1.7 million during fiscal 2009 related to retention payments for employees who transferred to mediatek inc .\nand for the reimbursement of intellectual property license fees incurred by mediatek .\nduring fiscal 2010 , the company received cash proceeds of $ 62 million as a result of the receipt of a refundable withholding tax and also recorded an additional gain on sale of $ 0.3 million , or $ 0.2 million net of tax , due to the settlement of certain items at less than the amounts accrued .\nin fiscal 2011 , additional proceeds of $ 10 million were released from escrow and $ 6.5 million net of tax was recorded as additional gain from the sale of discontinued operations .\nthe company does not expect any additional proceeds from this sale .\nthe following amounts related to the cpu voltage regulation and pc thermal monitoring and baseband chipset businesses have been segregated from continuing operations and reported as discontinued operations. .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['gain on sale of discontinued operations before income taxes', '$ 2014', '$ 10000', '$ 1316'], ['provision for income taxes', '2014', '3500', '457'], ['gain on sale of discontinued operations net of tax', '$ 2014', '$ 6500', '$ 859']]\n\nFollowing Text:\n3 .\nstock-based compensation and shareholders 2019 equity equity compensation plans the company grants , or has granted , stock options and other stock and stock-based awards under the 2006 stock incentive plan ( 2006 plan ) .\nthe 2006 plan was approved by the company 2019s board of directors on january 23 , 2006 and was approved by shareholders on march 14 , 2006 and subsequently amended in march 2006 , june 2009 , september 2009 , december 2009 , december 2010 and june 2011 .\nthe 2006 plan provides for the grant of up to 15 million shares of the company 2019s common stock , plus such number of additional shares that were subject to outstanding options under the company 2019s previous plans that are not issued because the applicable option award subsequently terminates or expires without being exercised .\nthe 2006 plan provides for the grant of incentive stock options intended to qualify under section 422 of the internal revenue code of 1986 , as amended , non-statutory stock options , stock appreciation rights , restricted stock , restricted stock units and other stock-based awards .\nemployees , officers , directors , consultants and advisors of the company and its subsidiaries are eligible to be granted awards under the 2006 plan .\nno award may be made under the 2006 plan after march 13 , 2016 , but awards previously granted may extend beyond that date .\nthe company will not grant further options under any previous plans .\nwhile the company may grant to employees options that become exercisable at different times or within different periods , the company has generally granted to employees options that vest over five years and become exercisable in annual installments of 20% ( 20 % ) on each of the first , second , third , fourth and fifth anniversaries of the date of grant ; 33.3% ( 33.3 % ) on each of the third , fourth , and fifth anniversaries of the date of grant ; or in annual installments of 25% ( 25 % ) on each of the second , third , fourth .\n\nQuestion: for the years of 2011 and 2010 , what percentage of the gain on sale went towards income tax?",
        "solution": "35% 1316\\\\n"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2007/page_102.pdf\n\nID: FIS/2007/page_102.pdf-1\n\nPrevious Text:\nprojected payments relating to these liabilities for the next five years ending december 31 , 2012 and the period from 2013 to 2017 are as follows ( in thousands ) : .\n\nTable Data:\n[['2008', '$ 980'], ['2009', '1185'], ['2010', '978'], ['2011', '1022'], ['2012', '1425'], ['2013 - 2017', '$ 8147']]\n\nFollowing Text:\n( 18 ) concentration of risk the company generates a significant amount of revenue from large customers , however , no customers accounted for more than 10% ( 10 % ) of total revenue or total segment revenue in the years ended december 31 , 2007 , 2006 and 2005 .\nfinancial instruments that potentially subject the company to concentrations of credit risk consist primarily of cash equivalents and trade receivables .\nthe company places its cash equivalents with high credit quality financial institutions and , by policy , limits the amount of credit exposure with any one financial institution .\nconcentrations of credit risk with respect to trade receivables are limited because a large number of geographically diverse customers make up the company 2019s customer base , thus spreading the trade receivables credit risk .\nthe company controls credit risk through monitoring procedures .\n( 19 ) segment information upon completion of the certegy merger , the company implemented a new organizational structure , which resulted in a new operating segment structure beginning with the reporting of first quarter 2006 results .\neffective as of february 1 , 2006 , the company 2019s operating segments are tps and lps .\nthis structure reflects how the businesses are operated and managed .\nthe primary components of the tps segment , which includes certegy 2019s card and check services , the financial institution processing component of the former financial institution software and services segment of fis and the operations acquired from efunds , are enterprise solutions , integrated financial solutions and international businesses .\nthe primary components of the lps segment are mortgage information services businesses , which includes the mortgage lender processing component of the former financial institution software and services segment of fis , and the former lender services , default management , and information services segments of fis .\nfidelity national information services , inc .\nand subsidiaries and affiliates notes to consolidated and combined financial statements 2014 ( continued ) .\n\nQuestion: what is the growth rate in projected payments from 2008 to 2009?",
        "solution": "20.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2008/page_93.pdf\n\nID: HOLX/2008/page_93.pdf-2\n\nPrevious Text:\npart iii item 10 .\ndirectors , and executive officers and corporate governance .\npursuant to section 406 of the sarbanes-oxley act of 2002 , we have adopted a code of ethics for senior financial officers that applies to our principal executive officer and principal financial officer , principal accounting officer and controller , and other persons performing similar functions .\nour code of ethics for senior financial officers is publicly available on our website at www.hologic.com .\nwe intend to satisfy the disclosure requirement under item 5.05 of current report on form 8-k regarding an amendment to , or waiver from , a provision of this code by posting such information on our website , at the address specified above .\nthe additional information required by this item is incorporated by reference to our definitive proxy statement for our annual meeting of stockholders to be filed with the securities and exchange commission within 120 days after the close of our fiscal year .\nitem 11 .\nexecutive compensation .\nthe information required by this item is incorporated by reference to our definitive proxy statement for our annual meeting of stockholders to be filed with the securities and exchange commission within 120 days after the close of our fiscal year .\nitem 12 .\nsecurity ownership of certain beneficial owners and management and related stockholder matters .\nwe maintain a number of equity compensation plans for employees , officers , directors and others whose efforts contribute to our success .\nthe table below sets forth certain information as of the end of our fiscal year ended september 27 , 2008 regarding the shares of our common stock available for grant or granted under stock option plans and equity incentives that ( i ) were approved by our stockholders , and ( ii ) were not approved by our stockholders .\nthe number of securities and the exercise price of the outstanding securities have been adjusted to reflect our two-for-one stock splits effected on november 30 , 2005 and april 2 , 2008 .\nequity compensation plan information plan category number of securities to be issued upon exercise of outstanding options , warrants and rights weighted-average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n15370814 $ 16.10 19977099 equity compensation plans not approved by security holders ( 1 ) .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n582881 $ 3.79 2014 .\n\nTable Data:\n[['plan category', 'number of securities to be issued upon exercise of outstanding options warrants and rights ( a )', 'weighted-average exercise price of outstanding options warrants and rights ( b )', 'number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c )'], ['equity compensation plans approved by security holders', '15370814', '$ 16.10', '19977099'], ['equity compensation plans not approved by security holders ( 1 )', '582881', '$ 3.79', '2014'], ['total', '15953695', '$ 15.65', '19977099']]\n\nFollowing Text:\n( 1 ) includes the following plans : 1997 employee equity incentive plan and 2000 acquisition equity incentive plan .\na description of each of these plans is as follows : 1997 employee equity incentive plan .\nthe purposes of the 1997 employee equity incentive plan ( the 201c1997 plan 201d ) , adopted by the board of directors in may 1997 , are to attract and retain key employees , consultants and advisors , to provide an incentive for them to assist us in achieving long-range performance goals , and to enable such person to participate in our long-term growth .\nin general , under the 1997 plan , all employees .\n\nQuestion: what is the total fair value of options , warrants and rights that are issued and approved by by security holders , ( in millions ) ?",
        "solution": "247.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2008/page_139.pdf\n\nID: STT/2008/page_139.pdf-3\n\nPrevious Text:\nnote 21 .\nexpenses during the fourth quarter of 2008 , we elected to provide support to certain investment accounts managed by ssga through the purchase of asset- and mortgage-backed securities and a cash infusion , which resulted in a charge of $ 450 million .\nssga manages certain investment accounts , offered to retirement plans , that allow participants to purchase and redeem units at a constant net asset value regardless of volatility in the underlying value of the assets held by the account .\nthe accounts enter into contractual arrangements with independent third-party financial institutions that agree to make up any shortfall in the account if all the units are redeemed at the constant net asset value .\nthe financial institutions have the right , under certain circumstances , to terminate this guarantee with respect to future investments in the account .\nduring 2008 , the liquidity and pricing issues in the fixed-income markets adversely affected the market value of the securities in these accounts to the point that the third-party guarantors considered terminating their financial guarantees with the accounts .\nalthough we were not statutorily or contractually obligated to do so , we elected to purchase approximately $ 2.49 billion of asset- and mortgage-backed securities from these accounts that had been identified as presenting increased risk in the current market environment and to contribute an aggregate of $ 450 million to the accounts to improve the ratio of the market value of the accounts 2019 portfolio holdings to the book value of the accounts .\nwe have no ongoing commitment or intent to provide support to these accounts .\nthe securities are carried in investment securities available for sale in our consolidated statement of condition .\nthe components of other expenses were as follows for the years ended december 31: .\n\nTable Data:\n[['( in millions )', '2008', '2007', '2006'], ['customer indemnification obligation', '$ 200', '', ''], ['securities processing', '187', '$ 79', '$ 37'], ['other', '505', '399', '281'], ['total other expenses', '$ 892', '$ 478', '$ 318']]\n\nFollowing Text:\nin september and october 2008 , lehman brothers holdings inc. , or lehman brothers , and certain of its affiliates filed for bankruptcy or other insolvency proceedings .\nwhile we had no unsecured financial exposure to lehman brothers or its affiliates , we indemnified certain customers in connection with these and other collateralized repurchase agreements with lehman brothers entities .\nin the then current market environment , the market value of the underlying collateral had declined .\nduring the third quarter of 2008 , to the extent these declines resulted in collateral value falling below the indemnification obligation , we recorded a reserve to provide for our estimated net exposure .\nthe reserve , which totaled $ 200 million , was based on the cost of satisfying the indemnification obligation net of the fair value of the collateral , which we purchased during the fourth quarter of 2008 .\nthe collateral , composed of commercial real estate loans which are discussed in note 5 , is recorded in loans and leases in our consolidated statement of condition. .\n\nQuestion: what percent did securites processing expenses increase between 2006 and 2008?",
        "solution": "405.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SWKS/2008/page_105.pdf\n\nID: SWKS/2008/page_105.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) a reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in thousands ) : .\n\nTable Data:\n[['balance at september 29 2007', '$ 7315'], ['increases based on positions related to prior years', '351'], ['increases based on positions related to current year', '813'], ['decreases relating to lapses of applicable statutes of limitations', '-605 ( 605 )'], ['balance at october 3 2008', '$ 7874']]\n\nFollowing Text:\nthe company 2019s major tax jurisdictions as of october 3 , 2008 for fin 48 are the u.s. , california , and iowa .\nfor the u.s. , the company has open tax years dating back to fiscal year 1998 due to the carryforward of tax attributes .\nfor california , the company has open tax years dating back to fiscal year 2002 due to the carryforward of tax attributes .\nfor iowa , the company has open tax years dating back to fiscal year 2002 due to the carryforward of tax attributes .\nduring the year ended october 3 , 2008 , the statute of limitations period expired relating to an unrecognized tax benefit .\nthe expiration of the statute of limitations period resulted in the recognition of $ 0.6 million of previously unrecognized tax benefit , which impacted the effective tax rate , and $ 0.5 million of accrued interest related to this tax position was reversed during the year .\nincluding this reversal , total year-to-date accrued interest related to the company 2019s unrecognized tax benefits was a benefit of $ 0.4 million .\n10 .\nstockholders 2019 equity common stock the company is authorized to issue ( 1 ) 525000000 shares of common stock , par value $ 0.25 per share , and ( 2 ) 25000000 shares of preferred stock , without par value .\nholders of the company 2019s common stock are entitled to such dividends as may be declared by the company 2019s board of directors out of funds legally available for such purpose .\ndividends may not be paid on common stock unless all accrued dividends on preferred stock , if any , have been paid or declared and set aside .\nin the event of the company 2019s liquidation , dissolution or winding up , the holders of common stock will be entitled to share pro rata in the assets remaining after payment to creditors and after payment of the liquidation preference plus any unpaid dividends to holders of any outstanding preferred stock .\neach holder of the company 2019s common stock is entitled to one vote for each such share outstanding in the holder 2019s name .\nno holder of common stock is entitled to cumulate votes in voting for directors .\nthe company 2019s second amended and restated certificate of incorporation provides that , unless otherwise determined by the company 2019s board of directors , no holder of common stock has any preemptive right to purchase or subscribe for any stock of any class which the company may issue or sell .\nin march 2007 , the company repurchased approximately 4.3 million of its common shares for $ 30.1 million as authorized by the company 2019s board of directors .\nthe company has no publicly disclosed stock repurchase plans .\nat october 3 , 2008 , the company had 170322804 shares of common stock issued and 165591830 shares outstanding .\npreferred stock the company 2019s second amended and restated certificate of incorporation permits the company to issue up to 25000000 shares of preferred stock in one or more series and with rights and preferences that may be fixed or designated by the company 2019s board of directors without any further action by the company 2019s stockholders .\nthe designation , powers , preferences , rights and qualifications , limitations and restrictions of the preferred stock of each skyworks solutions , inc .\n2008 annual report %%transmsg*** transmitting job : a51732 pcn : 099000000 ***%%pcmsg|103 |00005|yes|no|03/26/2009 13:34|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: what would be the total common stock par value if all authorized shares were outstanding?",
        "solution": "131250000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ILMN/2006/page_57.pdf\n\nID: ILMN/2006/page_57.pdf-1\n\nPrevious Text:\nas of december 31 , 2006 , we 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 july 2011 .\nthese leases contain renewal options ranging from one to five years .\nas of december 31 , 2006 , our contractual obligations were ( in thousands ) : contractual obligation total less than 1 year 1 2013 3 years 1 2013 5 years more than 5 years .\n\nTable Data:\n[['contractual obligation', 'payments due by period total', 'payments due by period less than 1 year', 'payments due by period 1 2013 3 years', 'payments due by period 1 2013 5 years', 'payments due by period more than 5 years'], ['operating leases', '$ 37899', '$ 5320', '$ 10410', '$ 9371', '$ 12798'], ['total', '$ 37899', '$ 5320', '$ 10410', '$ 9371', '$ 12798']]\n\nFollowing Text:\nthe above table does not include orders for goods and services entered into in the normal course of business that are not enforceable or legally binding .\nitem 7a .\nquantitative and qualitative disclosures about market risk .\ninterest rate sensitivity our exposure to market risk for changes in interest rates relates primarily to our investment portfolio .\nthe fair market value of fixed rate securities may be adversely impacted by fluctuations in interest rates while income earned on floating rate securities may decline as a result of decreases in interest rates .\nunder our current policies , we do not use interest rate derivative instruments to manage exposure to interest rate changes .\nwe attempt to ensure the safety and preservation of our invested principal funds by limiting default risk , market risk and reinvestment risk .\nwe mitigate default risk by investing in investment grade securities .\nwe have historically maintained a relatively short average maturity for our investment portfolio , and we believe a hypothetical 100 basis point adverse move in interest rates along the entire interest rate yield curve would not materially affect the fair value of our interest sensitive financial instruments .\nforeign currency exchange risk although most of our revenue is realized in u.s .\ndollars , some portions of our revenue are realized in foreign currencies .\nas a result , our financial results could be affected by factors such as changes in foreign currency exchange rates or weak economic conditions in foreign markets .\nthe functional currencies of our subsidiaries are their respective local currencies .\naccordingly , the accounts of these operations are translated from the local currency to the u.s .\ndollar using the current exchange rate in effect at the balance sheet date for the balance sheet accounts , and using the average exchange rate during the period for revenue and expense accounts .\nthe effects of translation are recorded in accumulated other comprehensive income as a separate component of stockholders 2019 equity. .\n\nQuestion: what is the percent of the operating leases that are due in less than year to the total leases .",
        "solution": "14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2011/page_39.pdf\n\nID: MRO/2011/page_39.pdf-3\n\nPrevious Text:\n2022 increased proved liquid hydrocarbon , including synthetic crude oil , reserves to 78 percent from 75 percent of proved reserves 2022 increased e&p net sales volumes , excluding libya , by 7 percent 2022 recorded 96 percent average operational availability for all major company-operated e&p assets , compared to 94 percent in 2010 2022 completed debottlenecking work that increased crude oil production capacity at the alvheim fpso in norway to 150000 gross bbld from the previous capacity of 142000 gross bbld and the original 2008 capacity of 120000 gross bbld 2022 announced two non-operated discoveries in the iraqi kurdistan region and began drilling in poland 2022 completed aosp expansion 1 , including the start-up of the expanded scotford upgrader , realizing an increase in net synthetic crude oil sales volumes of 48 percent 2022 completed dispositions of non-core assets and interests in acreage positions for net proceeds of $ 518 million 2022 repurchased 12 million shares of our common stock at a cost of $ 300 million 2022 retired $ 2498 million principal of our long-term debt 2022 resumed limited production in libya in the fourth quarter of 2011 following the february 2011 temporary suspension of operations consolidated results of operations : 2011 compared to 2010 due to the spin-off of our downstream business on june 30 , 2011 , which is reported as discontinued operations , income from continuing operations is more representative of marathon oil as an independent energy company .\nconsolidated income from continuing operations before income taxes was 9 percent higher in 2011 than in 2010 , largely due to higher liquid hydrocarbon prices .\nthis improvement was offset by increased income taxes primarily the result of excess foreign tax credits generated during 2011 that we do not expect to utilize in the future .\nthe effective income tax rate for continuing operations was 61 percent in 2011 compared to 54 percent in 2010 .\nrevenues are summarized in the following table : ( in millions ) 2011 2010 .\n\nTable Data:\n[['( in millions )', '2011', '2010'], ['e&p', '$ 13029', '$ 10782'], ['osm', '1588', '833'], ['ig', '93', '150'], ['segment revenues', '14710', '11765'], ['elimination of intersegment revenues', '-47 ( 47 )', '-75 ( 75 )'], ['total revenues', '$ 14663', '$ 11690']]\n\nFollowing Text:\ne&p segment revenues increased $ 2247 million from 2010 to 2011 , primarily due to higher average liquid hydrocarbon realizations , which were $ 99.37 per bbl in 2011 , a 31 percent increase over 2010 .\nrevenues in 2010 included net pre-tax gains of $ 95 million on derivative instruments intended to mitigate price risk on future sales of liquid hydrocarbons and natural gas .\nincluded in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .\nsupply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product types and delivery points .\nsee the cost of revenues discussion as revenues from supply optimization approximate the related costs .\nhigher average crude oil prices in 2011 compared to 2010 increased revenues related to supply optimization .\nrevenues from the sale of our u.s .\nproduction are higher in 2011 primarily as a result of higher liquid hydrocarbon and natural gas price realizations , but sales volumes declined. .\n\nQuestion: for the completed debottlenecking work that increased crude oil production capacity at the alvheim fpso in norway , what was the increase in gross bbld from the previous capacity?",
        "solution": "8000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2016/page_64.pdf\n\nID: FIS/2016/page_64.pdf-4\n\nPrevious Text:\nfidelity national information services , inc .\nand subsidiaries notes to consolidated financial statements - ( continued ) contingent consideration liabilities recorded in connection with business acquisitions must also be adjusted for changes in fair value until settled .\nsee note 3 for discussion of the capital markets company bvba ( \"capco\" ) contingent consideration liability .\n( d ) derivative financial instruments the company accounts for derivative financial instruments in accordance with financial accounting standards board accounting standards codification ( 201cfasb asc 201d ) topic 815 , derivatives and hedging .\nduring 2016 , 2015 and 2014 , the company engaged in g hedging activities relating to its variable rate debt through the use of interest rate swaps .\nthe company designates these interest rate swaps as cash flow hedges .\nthe estimated fair values of the cash flow hedges are determined using level 2 type measurements .\nthh ey are recorded as an asset or liability of the company and are included in the accompanying consolidated balance sheets in prepaid expenses and other current assets , other non-current assets , accounts payable and accrued liabilities or other long-term liabilities , as appropriate , and as a component of accumulated other comprehensive earnings , net of deferred taxes .\na portion of the amount included in accumulated other comprehensive earnings is recorded in interest expense as a yield adjustment as interest payments are made on then company 2019s term and revolving loans ( note 10 ) .\nthe company 2019s existing cash flow hedge is highly effective and there was no impact on 2016 earnings due to hedge ineffectiveness .\nit is our policy to execute such instruments with credit-worthy banks and not to enter into derivative financial instruments for speculative purposes .\nas of december 31 , 2016 , we believe that our interest rate swap counterparty will be able to fulfill its obligations under our agreement .\nthe company's foreign exchange risk management policy permits the use of derivative instruments , such as forward contracts and options , to reduce volatility in the company's results of operations and/or cash flows resulting from foreign exchange rate fluctuations .\nduring 2016 and 2015 , the company entered into foreign currency forward exchange contracts to hedge foreign currency exposure to intercompany loans .\nas of december 31 , 2016 and 2015 , the notional amount of these derivatives was approximately $ 143 million and aa $ 81 million , respectively , and the fair value was nominal .\nthese derivatives have not been designated as hedges for accounting purposes .\nwe also use currency forward contracts to manage our exposure to fluctuations in costs caused by variations in indian rupee ( \"inr\" ) ii exchange rates .\nas of december 31 , 2016 , the notional amount of these derivatives was approximately $ 7 million and the fair value was l less than $ 1 million , which is included in prepaid expenses and other current assets in the consolidated balance sheets .\nthese inr forward contracts are designated as cash flow hedges .\nthe fair value of these currency forward contracts is determined using currency uu exchange market rates , obtained from reliable , independent , third party banks , at the balance sheet date .\nthe fair value of forward rr contracts is subject to changes in currency exchange rates .\nthe company has no ineffectiveness related to its use of currency forward ff contracts in connection with inr cash flow hedges .\nin september 2015 , the company entered into treasury lock hedges with a total notional amount of $ 1.0 billion , reducing the risk of changes in the benchmark index component of the 10-year treasury yield .\nthe company def signated these derivatives as cash flow hedges .\non october 13 , 2015 , in conjunction with the pricing of the $ 4.5 billion senior notes , the companyr terminated these treasury lock contracts for a cash settlement payment of $ 16 million , which was recorded as a component of other comprehensive earnings and will be reclassified as an adjustment to interest expense over the ten years during which the related interest payments that were hedged will be recognized in income .\n( e ) trade receivables a summary of trade receivables , net , as of december 31 , 2016 and 2015 is as follows ( in millions ) : .\n\nTable Data:\n[['', '2016', '2015'], ['trade receivables 2014 billed', '$ 1452', '$ 1546'], ['trade receivables 2014 unbilled', '228', '201'], ['total trade receivables', '1680', '1747'], ['allowance for doubtful accounts', '-41 ( 41 )', '-16 ( 16 )'], ['total trade receivables net', '$ 1639', '$ 1731']]\n\nFollowing Text:\n.\n\nQuestion: what is the percentage change in total trade receivables?",
        "solution": "-3.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2012/page_110.pdf\n\nID: PNC/2012/page_110.pdf-1\n\nPrevious Text:\nconsist of first and second liens , the charge-off amounts for the pool are proportionate to the composition of first and second liens in the pool .\nour experience has been that the ratio of first to second lien loans has been consistent over time and is appropriately represented in our pools used for roll-rate calculations .\ngenerally , our variable-rate home equity lines of credit have either a seven or ten year draw period , followed by a 20 year amortization term .\nduring the draw period , we have home equity lines of credit where borrowers pay interest only and home equity lines of credit where borrowers pay principal and interest .\nbased upon outstanding balances at december 31 , 2012 , the following table presents the periods when home equity lines of credit draw periods are scheduled to end .\ntable 39 : home equity lines of credit 2013 draw period end in millions interest product principal interest product .\n\nTable Data:\n[['in millions', 'interestonlyproduct', 'principalandinterestproduct'], ['2013', '$ 1338', '$ 221'], ['2014', '2048', '475'], ['2015', '2024', '654'], ['2016', '1571', '504'], ['2017', '3075', '697'], ['2018 and thereafter', '5497', '4825'], ['total ( a )', '$ 15553', '$ 7376']]\n\nFollowing Text:\n( a ) includes approximately $ 166 million , $ 208 million , $ 213 million , $ 61 million , $ 70 million and $ 526 million of home equity lines of credit with balloon payments with draw periods scheduled to end in 2013 , 2014 , 2015 , 2016 , 2017 and 2018 and thereafter , respectively .\nwe view home equity lines of credit where borrowers are paying principal and interest under the draw period as less risky than those where the borrowers are paying interest only , as these borrowers have a demonstrated ability to make some level of principal and interest payments .\nbased upon outstanding balances , and excluding purchased impaired loans , at december 31 , 2012 , for home equity lines of credit for which the borrower can no longer draw ( e.g. , draw period has ended or borrowing privileges have been terminated ) , approximately 3.86% ( 3.86 % ) were 30-89 days past due and approximately 5.96% ( 5.96 % ) were greater than or equal to 90 days past due .\ngenerally , when a borrower becomes 60 days past due , we terminate borrowing privileges , and those privileges are not subsequently reinstated .\nat that point , we continue our collection/recovery processes , which may include a loss mitigation loan modification resulting in a loan that is classified as a tdr .\nsee note 5 asset quality in the notes to consolidated financial statements in item 8 of this report for additional information .\nloan modifications and troubled debt restructurings consumer loan modifications we modify loans under government and pnc-developed programs based upon our commitment to help eligible homeowners and borrowers avoid foreclosure , where appropriate .\ninitially , a borrower is evaluated for a modification under a government program .\nif a borrower does not qualify under a government program , the borrower is then evaluated under a pnc program .\nour programs utilize both temporary and permanent modifications and typically reduce the interest rate , extend the term and/or defer principal .\ntemporary and permanent modifications under programs involving a change to loan terms are generally classified as tdrs .\nfurther , certain payment plans and trial payment arrangements which do not include a contractual change to loan terms may be classified as tdrs .\nadditional detail on tdrs is discussed below as well as in note 5 asset quality in the notes to consolidated financial statements in item 8 of this report .\na temporary modification , with a term between three and 60 months , involves a change in original loan terms for a period of time and reverts to a calculated exit rate for the remaining term of the loan as of a specific date .\na permanent modification , with a term greater than 60 months , is a modification in which the terms of the original loan are changed .\npermanent modifications primarily include the government-created home affordable modification program ( hamp ) or pnc-developed hamp-like modification programs .\nfor consumer loan programs , such as residential mortgages and home equity loans and lines , we will enter into a temporary modification when the borrower has indicated a temporary hardship and a willingness to bring current the delinquent loan balance .\nexamples of this situation often include delinquency due to illness or death in the family , or a loss of employment .\npermanent modifications are entered into when it is confirmed that the borrower does not possess the income necessary to continue making loan payments at the current amount , but our expectation is that payments at lower amounts can be made .\nresidential mortgage and home equity loans and lines have been modified with changes in terms for up to 60 months , although the majority involve periods of three to 24 months .\nwe also monitor the success rates and delinquency status of our loan modification programs to assess their effectiveness in serving our customers 2019 needs while mitigating credit losses .\nthe following tables provide the number of accounts and unpaid principal balance of modified consumer real estate related loans as well as the number of accounts and unpaid principal balance of modified loans that were 60 days or more past due as of six months , nine months , twelve months and fifteen months after the modification date .\nthe pnc financial services group , inc .\n2013 form 10-k 91 .\n\nQuestion: what was the percent of the total of the interest only products home equity lines of credit draw periods are scheduled to end in 2017",
        "solution": "19.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2016/page_79.pdf\n\nID: BLK/2016/page_79.pdf-2\n\nPrevious Text:\nsources of blackrock 2019s operating cash primarily include investment advisory , administration fees and securities lending revenue , performance fees , revenue from blackrock solutions and advisory products and services , other revenue and distribution fees .\nblackrock uses its cash to pay all operating expense , interest and principal on borrowings , income taxes , dividends on blackrock 2019s capital stock , repurchases of the company 2019s stock , capital expenditures and purchases of co-investments and seed investments .\nfor details of the company 2019s gaap cash flows from operating , investing and financing activities , see the consolidated statements of cash flows contained in part ii , item 8 of this filing .\ncash flows from operating activities , excluding the impact of consolidated sponsored investment funds , primarily include the receipt of investment advisory and administration fees , securities lending revenue and performance fees offset by the payment of operating expenses incurred in the normal course of business , including year-end incentive compensation accrued for in the prior year .\ncash outflows from investing activities , excluding the impact of consolidated sponsored investment funds , for 2016 were $ 58 million and primarily reflected $ 384 million of investment purchases , $ 119 million of purchases of property and equipment and $ 30 million related to an acquisition , partially offset by $ 441 million of net proceeds from sales and maturities of certain investments .\ncash outflows from financing activities , excluding the impact of consolidated sponsored investment funds , for 2016 were $ 2831 million , primarily resulting from $ 1.4 billion of share repurchases , including $ 1.1 billion in open market- transactions and $ 274 million of employee tax withholdings related to employee stock transactions and $ 1.5 billion of cash dividend payments , partially offset by $ 82 million of excess tax benefits from vested stock-based compensation awards .\nthe company manages its financial condition and funding to maintain appropriate liquidity for the business .\nliquidity resources at december 31 , 2016 and 2015 were as follows : ( in millions ) december 31 , december 31 , cash and cash equivalents ( 1 ) $ 6091 $ 6083 cash and cash equivalents held by consolidated vres ( 2 ) ( 53 ) ( 100 ) .\n\nTable Data:\n[['( in millions )', 'december 31 2016', 'december 31 2015'], ['cash and cash equivalents ( 1 )', '$ 6091', '$ 6083'], ['cash and cash equivalents held by consolidated vres ( 2 )', '-53 ( 53 )', '-100 ( 100 )'], ['subtotal', '6038', '5983'], ['credit facility 2014 undrawn', '4000', '4000'], ['total liquidity resources ( 3 )', '$ 10038', '$ 9983']]\n\nFollowing Text:\ntotal liquidity resources ( 3 ) $ 10038 $ 9983 ( 1 ) the percentage of cash and cash equivalents held by the company 2019s u.s .\nsubsidiaries was approximately 50% ( 50 % ) at both december 31 , 2016 and 2015 .\nsee net capital requirements herein for more information on net capital requirements in certain regulated subsidiaries .\n( 2 ) the company cannot readily access such cash to use in its operating activities .\n( 3 ) amounts do not reflect year-end incentive compensation accruals of approximately $ 1.3 billion and $ 1.5 billion for 2016 and 2015 , respectively , which were paid in the first quarter of the following year .\ntotal liquidity resources increased $ 55 million during 2016 , primarily reflecting cash flows from operating activities , partially offset by cash payments of 2015 year-end incentive awards , share repurchases of $ 1.4 billion and cash dividend payments of $ 1.5 billion .\na significant portion of the company 2019s $ 2414 million of total investments , as adjusted , is illiquid in nature and , as such , cannot be readily convertible to cash .\nshare repurchases .\nthe company repurchased 3.3 million common shares in open market-transactions under its share repurchase program for $ 1.1 billion during 2016 .\nat december 31 , 2016 , there were 3 million shares still authorized to be repurchased .\nin january 2017 , the board of directors approved an increase in the shares that may be repurchased under the company 2019s existing share repurchase program to allow for the repurchase of an additional 6 million shares for a total up to 9 million shares of blackrock common stock .\nnet capital requirements .\nthe company is required to maintain net capital in certain regulated subsidiaries within a number of jurisdictions , which is partially maintained by retaining cash and cash equivalent investments in those subsidiaries or jurisdictions .\nas a result , such subsidiaries of the company may be restricted in their ability to transfer cash between different jurisdictions and to their parents .\nadditionally , transfers of cash between international jurisdictions , including repatriation to the united states , may have adverse tax consequences that could discourage such transfers .\nblackrock institutional trust company , n.a .\n( 201cbtc 201d ) is chartered as a national bank that does not accept client deposits and whose powers are limited to trust and other fiduciary activities .\nbtc provides investment management services , including investment advisory and securities lending agency services , to institutional investors and other clients .\nbtc is subject to regulatory capital and liquid asset requirements administered by the office of the comptroller of the currency .\nat december 31 , 2016 and 2015 , the company was required to maintain approximately $ 1.4 billion and $ 1.1 billion , respectively , in net capital in certain regulated subsidiaries , including btc , entities regulated by the financial conduct authority and prudential regulation authority in the united kingdom , and the company 2019s broker-dealers .\nthe company was in compliance with all applicable regulatory net capital requirements .\nundistributed earnings of foreign subsidiaries .\nas of december 31 , 2016 , the company has not provided for u.s .\nfederal and state income taxes on approximately $ 5.3 billion of undistributed earnings of its foreign subsidiaries .\nsuch earnings are considered indefinitely reinvested outside the united states .\nthe company 2019s current plans do not demonstrate a need to repatriate these funds .\nshort-term borrowings 2016 revolving credit facility .\nthe company 2019s credit facility has an aggregate commitment amount of $ 4.0 billion and was amended in april 2016 to extend the maturity date to march 2021 ( the 201c2016 credit facility 201d ) .\nthe 2016 credit facility permits the company to request up to an additional $ 1.0 billion of borrowing capacity , subject to lender credit approval , increasing the overall size of the 2016 credit facility to an aggregate principal amount not to exceed $ 5.0 billion .\ninterest on borrowings outstanding accrues at a rate based on the applicable london interbank offered rate plus a spread .\nthe 2016 credit facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to .\n\nQuestion: what is the average price of the repurchased shares during 2016?",
        "solution": "333.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2010/page_75.pdf\n\nID: UNP/2010/page_75.pdf-3\n\nPrevious Text:\nassets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease .\namortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease .\n12 .\naccounts payable and other current liabilities dec .\n31 , dec .\n31 , millions 2010 2009 .\n\nTable Data:\n[['millions', 'dec . 31 2010', 'dec . 31 2009'], ['accounts payable', '$ 677', '$ 612'], ['dividends and interest', '383', '347'], ['accrued wages and vacation', '357', '339'], ['income and other taxes', '337', '224'], ['accrued casualty costs', '325', '379'], ['equipment rents payable', '86', '89'], ['other', '548', '480'], ['total accounts payable and other currentliabilities', '$ 2713', '$ 2470']]\n\nFollowing Text:\n13 .\nfinancial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices .\nwe are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes .\nderivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period .\nwe formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness .\nchanges in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings .\nwe may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements .\nmarket and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item .\nwe manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements .\nat december 31 , 2010 and 2009 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities .\ndetermination of fair value 2013 we determine the fair values of our derivative financial instrument positions based upon current fair values as quoted by recognized dealers or the present value of expected future cash flows .\ninterest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period .\nwe generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings .\nwe employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix .\nin addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities .\nswaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates .\nwe account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our consolidated financial statements. .\n\nQuestion: what is the percentage increase of total accounts payable and other current liabilities from 2009-2010?",
        "solution": "9.84%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2009/page_89.pdf\n\nID: IPG/2009/page_89.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) guarantees we have guarantees of certain obligations of our subsidiaries relating principally to credit facilities , certain media payables and operating leases of certain subsidiaries .\nthe amount of such parent company guarantees was $ 769.3 and $ 706.7 as of december 31 , 2009 and 2008 , respectively .\nin the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee .\nas of december 31 , 2009 , there are no material assets pledged as security for such parent company guarantees .\ncontingent acquisition obligations the following table details the estimated future contingent acquisition obligations payable in cash as of december 31 , 2009 .\nthe estimated amounts listed would be paid in the event of exercise at the earliest exercise date .\nsee note 6 for further information relating to the payment structure of our acquisitions .\nall payments are contingent upon achieving projected operating performance targets and satisfying other conditions specified in the related agreements and are subject to revisions as the earn-out periods progress. .\n\nTable Data:\n[['', '2010', '2011', '2012', '2013', '2014', 'thereafter', 'total'], ['deferred acquisition payments', '$ 20.5', '$ 34.8', '$ 1.2', '$ 1.1', '$ 2.1', '$ 0.3', '$ 60.0'], ['redeemable noncontrolling interests and call options with affiliates1', '44.4', '47.9', '40.5', '36.3', '3.3', '2014', '172.4'], ['total contingent acquisition payments', '64.9', '82.7', '41.7', '37.4', '5.4', '0.3', '232.4'], ['less : cash compensation expense included above', '1.0', '1.0', '1.0', '0.5', '2014', '2014', '3.5'], ['total', '$ 63.9', '$ 81.7', '$ 40.7', '$ 36.9', '$ 5.4', '$ 0.3', '$ 228.9']]\n\nFollowing Text:\n1 we have entered into certain acquisitions that contain both redeemable noncontrolling interests and call options with similar terms and conditions .\nin such instances , we have included the related estimated contingent acquisition obligation in the period when the earliest related option is exercisable .\nwe have certain redeemable noncontrolling interests that are exercisable at the discretion of the noncontrolling equity owners as of december 31 , 2009 .\nas such , these estimated acquisition payments of $ 20.5 have been included within the total payments expected to be made in 2010 in the table and , if not made in 2010 , will continue to carry forward into 2011 or beyond until they are exercised or expire .\nredeemable noncontrolling interests are included in the table at current exercise price payable in cash , not at applicable redemption value in accordance with the authoritative guidance for classification and measurement of redeemable securities .\nlegal matters we are involved in legal and administrative proceedings of various types .\nwhile any litigation contains an element of uncertainty , we do not believe that the outcome of such proceedings will have a material adverse effect on our financial condition , results of operations or cash flows .\nnote 16 : recent accounting standards in december 2009 , the financial accounting standards board ( 201cfasb 201d ) amended authoritative guidance related to accounting for transfers and servicing of financial assets and extinguishments of liabilities .\nthe guidance will be effective for the company beginning january 1 , 2010 .\nthe guidance eliminates the concept of a qualifying special-purpose entity and changes the criteria for derecognizing financial assets .\nin addition , the guidance will require additional disclosures related to a company 2019s continued involvement with financial assets that have been transferred .\nwe do not expect the adoption of this amended guidance to have a significant impact on our consolidated financial statements .\nin december 2009 , the fasb amended authoritative guidance for consolidating variable interest entities .\nthe guidance will be effective for the company beginning january 1 , 2010 .\nspecifically , the guidance revises factors that should be considered by a reporting entity when determining whether an entity that is insufficiently capitalized or is not controlled through voting ( or similar rights ) should be consolidated .\nthis guidance also includes revised financial statement disclosures regarding the reporting entity 2019s involvement , including significant risk exposures as a result of that involvement , and the impact the relationship has on the reporting entity 2019s financial statements .\nwe are currently evaluating the potential impact of the amended guidance on our consolidated financial statements. .\n\nQuestion: what was the total amount , from 2008-2009 of guarantees of certain obligations of our subsidiaries relating principally to credit facilities , certain media payables and operating leases of certain subsidiaries , in millions?",
        "solution": "1476"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETFC/2013/page_84.pdf\n\nID: ETFC/2013/page_84.pdf-3\n\nPrevious Text:\nindividual loan before being modified as a tdr in the discounted cash flow analysis in order to determine that specific loan 2019s expected impairment .\nspecifically , a loan that has a more severe delinquency history prior to modification will have a higher future default rate in the discounted cash flow analysis than a loan that was not as severely delinquent .\nfor both of the one- to four-family and home equity loan portfolio segments , the pre- modification delinquency status , the borrower 2019s current credit score and other credit bureau attributes , in addition to each loan 2019s individual default experience and credit characteristics , are incorporated into the calculation of the specific allowance .\na specific allowance is established to the extent that the recorded investment exceeds the discounted cash flows of a tdr with a corresponding charge to provision for loan losses .\nthe specific allowance for these individually impaired loans represents the forecasted losses over the estimated remaining life of the loan , including the economic concession to the borrower .\neffects if actual results differ historic volatility in the credit markets has substantially increased the complexity and uncertainty involved in estimating the losses inherent in the loan portfolio .\nin the current market it is difficult to estimate how potential changes in the quantitative and qualitative factors , including the impact of home equity lines of credit converting from interest only to amortizing loans or requiring borrowers to repay the loan in full at the end of the draw period , might impact the allowance for loan losses .\nif our underlying assumptions and judgments prove to be inaccurate , the allowance for loan losses could be insufficient to cover actual losses .\nwe may be required under such circumstances to further increase the provision for loan losses , which could have an adverse effect on the regulatory capital position and results of operations in future periods .\nduring the normal course of conducting examinations , our banking regulators , the occ and federal reserve , continue to review our business and practices .\nthis process is dynamic and ongoing and we cannot be certain that additional changes or actions will not result from their continuing review .\nvaluation of goodwill and other intangible assets description goodwill and other intangible assets are evaluated for impairment on an annual basis as of november 30 and in interim periods when events or changes indicate the carrying value may not be recoverable , such as a significant deterioration in the operating environment or a decision to sell or dispose of a reporting unit .\ngoodwill and other intangible assets net of amortization were $ 1.8 billion and $ 0.2 billion , respectively , at december 31 , 2013 .\njudgments goodwill is allocated to reporting units , which are components of the business that are one level below operating segments .\nreporting units are evaluated for impairment individually during the annual assessment .\nestimating the fair value of reporting units and the assets , liabilities and intangible assets of a reporting unit is a subjective process that involves the use of estimates and judgments , particularly related to cash flows , the appropriate discount rates and an applicable control premium .\nmanagement judgment is required to assess whether the carrying value of the reporting unit can be supported by the fair value of the individual reporting unit .\nthere are various valuation methodologies , such as the market approach or discounted cash flow methods , that may be used to estimate the fair value of reporting units .\nin applying these methodologies , we utilize a number of factors , including actual operating results , future business plans , economic projections , and market data .\nthe following table shows the comparative data for the amount of goodwill allocated to our reporting units ( dollars in millions ) : .\n\nTable Data:\n[['reporting unit', 'december 31 , 2013', 'december 31 , 2012'], ['retail brokerage', '$ 1791.8', '$ 1791.8'], ['market making', '2014', '142.4'], ['total goodwill', '$ 1791.8', '$ 1934.2']]\n\nFollowing Text:\n.\n\nQuestion: as of december 31 , 2013 what was the ratio of the goodwill to the other intangible assets net of amortization",
        "solution": "9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNPS/2013/page_61.pdf\n\nID: SNPS/2013/page_61.pdf-2\n\nPrevious Text:\nsynopsys , inc .\nnotes to consolidated financial statements 2014continued acquired identifiable intangible assets of $ 107.3 million , resulting in total goodwill of $ 257.6 million .\nidentifiable intangible assets are being amortized over three to eight years .\nacquisition-related costs directly attributable to the business combination were $ 6.6 million for fiscal 2012 and were expensed as incurred in the consolidated statements of operations .\nthese costs consisted primarily of employee separation costs and professional services .\nacquisition of magma design automation , inc .\n( magma ) on february 22 , 2012 , the company acquired magma , a chip design software provider , at a per- share price of $ 7.35 .\nadditionally , the company assumed unvested restricted stock units ( rsus ) and stock options , collectively called 201cequity awards . 201d the aggregate purchase price was approximately $ 550.2 million .\nthis acquisition enables the company to more rapidly meet the needs of leading-edge semiconductor designers for more sophisticated design tools .\nthe company allocated the total purchase consideration of $ 550.2 million ( including $ 6.8 million related to equity awards assumed ) to the assets acquired and liabilities assumed based on their respective fair values at the acquisition date , including acquired identifiable intangible assets of $ 184.3 million , resulting in total goodwill of $ 316.3 million .\nidentifiable intangible assets are being amortized over three to ten years .\nacquisition-related costs directly attributable to the business combination totaling $ 33.5 million for fiscal 2012 were expensed as incurred in the consolidated statements of operations and consist primarily of employee separation costs , contract terminations , professional services , and facilities closure costs .\nother fiscal 2012 acquisitions during fiscal 2012 , the company acquired five other companies , including emulation & verification engineering , s.a .\n( eve ) , for cash and allocated the total purchase consideration of $ 213.2 million to the assets acquired and liabilities assumed based on their respective fair values , resulting in total goodwill of $ 118.1 million .\nacquired identifiable intangible assets totaling $ 73.3 million were valued using appropriate valuation methods such as income or cost methods and are being amortized over their respective useful lives ranging from one to eight years .\nduring fiscal 2012 , acquisition-related costs totaling $ 6.8 million were expensed as incurred in the consolidated statements of operations .\nfiscal 2011 acquisitions during fiscal 2011 , the company completed two acquisitions for cash and allocated the total purchase consideration of $ 37.4 million to the assets and liabilities acquired based on their respective fair values at the acquisition date resulting in goodwill of $ 30.6 million .\nacquired identifiable intangible assets of $ 9.3 million are being amortized over two to ten years .\nnote 4 .\ngoodwill and intangible assets goodwill: .\n\nTable Data:\n[['', '( in thousands )'], ['balance at october 31 2011', '$ 1289286'], ['additions', '687195'], ['other adjustments ( 1 )', '506'], ['balance at october 31 2012', '$ 1976987'], ['additions', '2014'], ['other adjustments ( 1 )', '-1016 ( 1016 )'], ['balance at october 31 2013', '$ 1975971']]\n\nFollowing Text:\n.\n\nQuestion: what is the percentual decrease observed in the balance between 2012 and 2013?\\\\n",
        "solution": "0.052%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2008/page_146.pdf\n\nID: MRO/2008/page_146.pdf-1\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements operating lease rental expense was : ( in millions ) 2008 2007 2006 minimum rental ( a ) $ 245 $ 209 $ 172 .\n\nTable Data:\n[['( in millions )', '2008', '2007', '2006'], ['minimum rental ( a )', '$ 245', '$ 209', '$ 172'], ['contingent rental', '22', '33', '28'], ['sublease rentals', '2013', '2013', '-7 ( 7 )'], ['net rental expense', '$ 267', '$ 242', '$ 193']]\n\nFollowing Text:\n( a ) excludes $ 5 million , $ 8 million and $ 9 million paid by united states steel in 2008 , 2007 and 2006 on assumed leases .\n27 .\ncontingencies and commitments we are the subject of , or party to , a number of pending or threatened legal actions , contingencies and commitments involving a variety of matters , including laws and regulations relating to the environment .\ncertain of these matters are discussed below .\nthe ultimate resolution of these contingencies could , individually or in the aggregate , be material to our consolidated financial statements .\nhowever , management believes that we will remain a viable and competitive enterprise even though it is possible that these contingencies could be resolved unfavorably .\nenvironmental matters 2013 we are subject to federal , state , local and foreign laws and regulations relating to the environment .\nthese laws generally provide for control of pollutants released into the environment and require responsible parties to undertake remediation of hazardous waste disposal sites .\npenalties may be imposed for noncompliance .\nat december 31 , 2008 and 2007 , accrued liabilities for remediation totaled $ 111 million and $ 108 million .\nit is not presently possible to estimate the ultimate amount of all remediation costs that might be incurred or the penalties that may be imposed .\nreceivables for recoverable costs from certain states , under programs to assist companies in clean-up efforts related to underground storage tanks at retail marketing outlets , were $ 60 and $ 66 million at december 31 , 2008 and 2007 .\nwe are a defendant , along with other refining companies , in 20 cases arising in three states alleging damages for methyl tertiary-butyl ether ( 201cmtbe 201d ) contamination .\nwe have also received seven toxic substances control act notice letters involving potential claims in two states .\nsuch notice letters are often followed by litigation .\nlike the cases that were settled in 2008 , the remaining mtbe cases are consolidated in a multidistrict litigation in the southern district of new york for pretrial proceedings .\nnineteen of the remaining cases allege damages to water supply wells , similar to the damages claimed in the settled cases .\nin the other remaining case , the state of new jersey is seeking natural resources damages allegedly resulting from contamination of groundwater by mtbe .\nthis is the only mtbe contamination case in which we are a defendant and natural resources damages are sought .\nwe are vigorously defending these cases .\nwe , along with a number of other defendants , have engaged in settlement discussions related to the majority of the cases in which we are a defendant .\nwe do not expect our share of liability , if any , for the remaining cases to significantly impact our consolidated results of operations , financial position or cash flows .\na lawsuit filed in the united states district court for the southern district of west virginia alleges that our catlettsburg , kentucky , refinery distributed contaminated gasoline to wholesalers and retailers for a period prior to august , 2003 , causing permanent damage to storage tanks , dispensers and related equipment , resulting in lost profits , business disruption and personal and real property damages .\nfollowing the incident , we conducted remediation operations at affected facilities , and we deny that any permanent damages resulted from the incident .\nclass action certification was granted in august 2007 .\nwe have entered into a tentative settlement agreement in this case .\nnotice of the proposed settlement has been sent to the class members .\napproval by the court after a fairness hearing is required before the settlement can be finalized .\nthe fairness hearing is scheduled in the first quarter of 2009 .\nthe proposed settlement will not significantly impact our consolidated results of operations , financial position or cash flows .\nguarantees 2013 we have provided certain guarantees , direct and indirect , of the indebtedness of other companies .\nunder the terms of most of these guarantee arrangements , we would be required to perform should the guaranteed party fail to fulfill its obligations under the specified arrangements .\nin addition to these financial guarantees , we also have various performance guarantees related to specific agreements. .\n\nQuestion: what was average contingent rental amount in millions for the three year period?",
        "solution": "27.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2018/page_172.pdf\n\nID: AWK/2018/page_172.pdf-3\n\nPrevious Text:\ntotaled $ 12 million , $ 13 million and $ 9 million for 2018 , 2017 and 2016 , respectively .\nall of the company 2019s contributions are invested in one or more funds at the direction of the employees .\nnote 16 : commitments and contingencies commitments have been made in connection with certain construction programs .\nthe estimated capital expenditures required under legal and binding contractual obligations amounted to $ 419 million as of december 31 , 2018 .\nthe company 2019s regulated subsidiaries maintain agreements with other water purveyors for the purchase of water to supplement their water supply .\nthe following table provides the future annual commitments related to minimum quantities of purchased water having non-cancelable: .\n\nTable Data:\n[['', 'amount'], ['2019', '$ 65'], ['2020', '65'], ['2021', '65'], ['2022', '64'], ['2023', '57'], ['thereafter', '641']]\n\nFollowing Text:\nthe company enters into agreements for the provision of services to water and wastewater facilities for the united states military , municipalities and other customers .\nsee note 3 2014revenue recognition for additional information regarding the company 2019s performance obligations .\ncontingencies the company is routinely involved in legal actions incident to the normal conduct of its business .\nas 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 .\nfor certain matters , claims and actions , the company is unable to estimate possible losses .\nthe 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 .\nwest virginia elk river freedom industries chemical spill on june 8 , 2018 , the u.s .\ndistrict 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 .\nchemical spill in west virginia .\nthe effective date of the settlement is july 16 , 2018 .\nunder 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 .\nunder federal class action rules , claimants had the right , until december 8 , 2017 , to elect to opt out of the final settlement .\nless 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 .\nin 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. .\n\nQuestion: what percentage of future annual commitments related to minimum quantities of purchased water having non-cancelable are due in 2020?",
        "solution": "6.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2010/page_150.pdf\n\nID: CE/2010/page_150.pdf-3\n\nPrevious Text:\nasbestos claims the company and several of its us subsidiaries are defendants in asbestos cases .\nduring the year ended december 31 , 2010 , asbestos case activity is as follows: .\n\nTable Data:\n[['', 'asbestos cases'], ['as of december 31 2009', '526'], ['case adjustments', '2'], ['new cases filed', '41'], ['resolved cases', '-70 ( 70 )'], ['as of december 31 2010', '499']]\n\nFollowing Text:\nbecause many of these cases involve numerous plaintiffs , the company is subject to claims significantly in excess of the number of actual cases .\nthe company has reserves for defense costs related to claims arising from these matters .\naward proceedings in relation to domination agreement and squeeze-out on october 1 , 2004 , celanese gmbh and the company 2019s subsidiary , bcp holdings gmbh ( 201cbcp holdings 201d ) , a german limited liability company , entered into a domination agreement pursuant to which the bcp holdings became obligated to offer to acquire all outstanding celanese gmbh shares from the minority shareholders of celanese gmbh in return for payment of fair cash compensation ( the 201cpurchaser offer 201d ) .\nthe amount of this fair cash compensation was determined to be a41.92 per share in accordance with applicable german law .\nall minority shareholders who elected not to sell their shares to the bcp holdings under the purchaser offer were entitled to remain shareholders of celanese gmbh and to receive from the bcp holdings a gross guaranteed annual payment of a3.27 per celanese gmbh share less certain corporate taxes in lieu of any dividend .\nas of march 30 , 2005 , several minority shareholders of celanese gmbh had initiated special award proceedings seeking the court 2019s review of the amounts of the fair cash compensation and of the guaranteed annual payment offered in the purchaser offer under the domination agreement .\nin the purchaser offer , 145387 shares were tendered at the fair cash compensation of a41.92 , and 924078 shares initially remained outstanding and were entitled to the guaranteed annual payment under the domination agreement .\nas a result of these proceedings , the amount of the fair cash consideration and the guaranteed annual payment paid under the domination agreement could be increased by the court so that all minority shareholders , including those who have already tendered their shares in the purchaser offer for the fair cash compensation , could claim the respective higher amounts .\non december 12 , 2006 , the court of first instance appointed an expert to assist the court in determining the value of celanese gmbh .\non may 30 , 2006 the majority shareholder of celanese gmbh adopted a squeeze-out resolution under which all outstanding shares held by minority shareholders should be transferred to bcp holdings for a fair cash compensation of a66.99 per share ( the 201csqueeze-out 201d ) .\nthis shareholder resolution was challenged by shareholders but the squeeze-out became effective after the disputes were settled on december 22 , 2006 .\naward proceedings were subsequently filed by 79 shareholders against bcp holdings with the frankfurt district court requesting the court to set a higher amount for the squeeze-out compensation .\npursuant to a settlement agreement between bcp holdings and certain former celanese gmbh shareholders , if the court sets a higher value for the fair cash compensation or the guaranteed payment under the purchaser offer or the squeeze-out compensation , former celanese gmbh shareholders who ceased to be shareholders of celanese gmbh due to the squeeze-out will be entitled to claim for their shares the higher of the compensation amounts determined by the court in these different proceedings related to the purchaser offer and the squeeze-out .\nif the fair cash compensation determined by the court is higher than the squeeze-out compensation of a 66.99 , then 1069465 shares will be entitled to an adjustment .\nif the court confirms the value of the fair cash compensation under the domination agreement but determines a higher value for the squeeze-out compensation , 924078 shares %%transmsg*** transmitting job : d77691 pcn : 148000000 ***%%pcmsg|148 |00010|yes|no|02/08/2011 16:10|0|0|page is valid , no graphics -- color : n| .\n\nQuestion: in 2010 what was the percent of the new cases as part of the total",
        "solution": "8.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2014/page_21.pdf\n\nID: UNP/2014/page_21.pdf-3\n\nPrevious Text:\nfive-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 .\nthe graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2009 and that all dividends were reinvested .\nthe information below is historical in nature and is not necessarily indicative of future performance .\npurchases of equity securities 2013 during 2014 , we repurchased 33035204 shares of our common stock at an average price of $ 100.24 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2014 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares that may yet be purchased under the plan or program [b] .\n\nTable Data:\n[['period', 'total number ofsharespurchased[a]', 'averageprice paidpershare', 'total number of sharespurchased as part of apublicly announcedplan or program [b]', 'maximum number ofshares that may yetbe purchased under the planor program [b]'], ['oct . 1 through oct . 31', '3087549', '$ 107.59', '3075000', '92618000'], ['nov . 1 through nov . 30', '1877330', '119.84', '1875000', '90743000'], ['dec . 1 through dec . 31', '2787108', '116.54', '2786400', '87956600'], ['total', '7751987', '$ 113.77', '7736400', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 15587 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] effective january 1 , 2014 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2017 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions. .\n\nQuestion: what percentage of total number of shares purchased were purchased in december?",
        "solution": "36%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RL/2014/page_13.pdf\n\nID: RL/2014/page_13.pdf-2\n\nPrevious Text:\nwe operated the following factory stores as of march 29 , 2014: .\n\nTable Data:\n[['location', 'factory stores'], ['the americas', '150'], ['europe', '50'], ['asia ( a )', '35'], ['total', '235']]\n\nFollowing Text:\n( a ) includes australia , china , hong kong , japan , malaysia , south korea , and taiwan .\nour factory stores in the americas offer selections of our menswear , womenswear , childrenswear , accessories , home furnishings , and fragrances .\nranging in size from approximately 2700 to 20000 square feet , with an average of approximately 10400 square feet , these stores are principally located in major outlet centers in 40 states in the u.s. , canada , and puerto rico .\nour factory stores in europe offer selections of our menswear , womenswear , childrenswear , accessories , home furnishings , and fragrances .\nranging in size from approximately 1400 to 19700 square feet , with an average of approximately 7000 square feet , these stores are located in 12 countries , principally in major outlet centers .\nour factory stores in asia offer selections of our menswear , womenswear , childrenswear , accessories , and fragrances .\nranging in size from approximately 1100 to 11800 square feet , with an average of approximately 6200 square feet , these stores are primarily located throughout china and japan , in hong kong , and in or near other major cities in asia and australia .\nour factory stores are principally located in major outlet centers .\nfactory stores obtain products from our suppliers , our product licensing partners , and our other retail stores and e-commerce operations , and also serve as a secondary distribution channel for our excess and out-of-season products .\nconcession-based shop-within-shops the terms of trade for shop-within-shops are largely conducted on a concession basis , whereby inventory continues to be owned by us ( not the department store ) until ultimate sale to the end consumer .\nthe salespeople involved in the sales transactions are generally our employees and not those of the department store .\nas of march 29 , 2014 , we had 503 concession-based shop-within-shops at 243 retail locations dedicated to our products , which were located in asia , australia , new zealand , and europe .\nthe size of our concession-based shop-within-shops ranges from approximately 140 to 7400 square feet .\nwe may share in the cost of building-out certain of these shop-within-shops with our department store partners .\ne-commerce websites in addition to our stores , our retail segment sells products online through our e-commerce channel , which includes : 2022 our north american e-commerce sites located at www.ralphlauren.com and www.clubmonaco.com , as well as our club monaco site in canada located at www.clubmonaco.ca ; 2022 our ralph lauren e-commerce sites in europe , including www.ralphlauren.co.uk ( servicing the united kingdom ) , www.ralphlauren.fr ( servicing belgium , france , italy , luxembourg , the netherlands , portugal , and spain ) , and www.ralphlauren.de ( servicing germany and austria ) ; and 2022 our ralph lauren e-commerce sites in asia , including www.ralphlauren.co.jp servicing japan and www.ralphlauren.co.kr servicing south korea .\nour ralph lauren e-commerce sites in the u.s. , europe , and asia offer our customers access to a broad array of ralph lauren , rrl , polo , and denim & supply apparel , accessories , fragrance , and home products , and reinforce the luxury image of our brands .\nwhile investing in e-commerce operations remains a primary focus , it is an extension of our investment in the integrated omni-channel strategy used to operate our overall retail business , in which our e-commerce operations are interdependent with our physical stores .\nour club monaco e-commerce sites in the u.s .\nand canada offer our domestic and canadian customers access to our club monaco global assortment of womenswear , menswear , and accessories product lines , as well as select online exclusives. .\n\nQuestion: what percentage of factory stores as of march 29 , 2014 are in asia?",
        "solution": "15%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2001/page_51.pdf\n\nID: AES/2001/page_51.pdf-1\n\nPrevious Text:\nthe breakdown of aes 2019s gross margin for the years ended december 31 , 2000 and 1999 , based on the geographic region in which they were earned , is set forth below. .\n\nTable Data:\n[['north america', '2000 $ 844 million', '% (  % ) of revenue 25% ( 25 % )', '1999 $ 649 million', '% (  % ) of revenue 32% ( 32 % )', '% (  % ) change 30% ( 30 % )'], ['south america', '$ 416 million', '36% ( 36 % )', '$ 232 million', '28% ( 28 % )', '79% ( 79 % )'], ['caribbean*', '$ 226 million', '21% ( 21 % )', '$ 75 million', '24% ( 24 % )', '201% ( 201 % )'], ['europe/africa', '$ 371 million', '29% ( 29 % )', '$ 124 million', '29% ( 29 % )', '199% ( 199 % )'], ['asia', '$ 138 million', '22% ( 22 % )', '$ 183 million', '37% ( 37 % )', '( 26% ( 26 % ) )']]\n\nFollowing Text:\n* includes venezuela and colombia .\nselling , general and administrative expenses selling , general and administrative expenses increased $ 11 million , or 15% ( 15 % ) , to $ 82 million in 2000 from $ 71 million in 1999 .\nselling , general and administrative expenses as a percentage of revenues remained constant at 1% ( 1 % ) in both 2000 and 1999 .\nthe increase is due to an increase in business development activities .\ninterest expense , net net interest expense increased $ 506 million , or 80% ( 80 % ) , to $ 1.1 billion in 2000 from $ 632 million in 1999 .\ninterest expense as a percentage of revenues remained constant at 15% ( 15 % ) in both 2000 and 1999 .\ninterest expense increased primarily due to the interest at new businesses , including drax , tiete , cilcorp and edc , as well as additional corporate interest costs resulting from the senior debt and convertible securities issued within the past two years .\nother income , net other income increased $ 16 million , or 107% ( 107 % ) , to $ 31 million in 2000 from $ 15 million in 1999 .\nother income includes foreign currency transaction gains and losses as well as other non-operating income .\nthe increase in other income is due primarily to a favorable legal judgment and the sale of development projects .\nseverance and transaction costs during the fourth quarter of 2000 , the company incurred approximately $ 79 million of transaction and contractual severance costs related to the acquisition of ipalco .\ngain on sale of assets during 2000 , ipalco sold certain assets ( 2018 2018thermal assets 2019 2019 ) for approximately $ 162 million .\nthe transaction resulted in a gain to the company of approximately $ 31 million .\nof the net proceeds , $ 88 million was used to retire debt specifically assignable to the thermal assets .\nduring 1999 , the company recorded a $ 29 million gain ( before extraordinary loss ) from the buyout of its long-term power sales agreement at placerita .\nthe company received gross proceeds of $ 110 million which were offset by transaction related costs of $ 19 million and an impairment loss of $ 62 million to reduce the carrying value of the electric generation assets to their estimated fair value after termination of the contract .\nthe estimated fair value was determined by an independent appraisal .\nconcurrent with the buyout of the power sales agreement , the company repaid the related non-recourse debt prior to its scheduled maturity and recorded an extraordinary loss of $ 11 million , net of income taxes. .\n\nQuestion: for 2000 , what is the implied revenue for the north america segment based on the margin , in millions ? \\\\n",
        "solution": "3376"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2017/page_45.pdf\n\nID: INTC/2017/page_45.pdf-1\n\nPrevious Text:\nin summary , our cash flows for each period were as follows : years ended ( in millions ) dec 30 , dec 31 , dec 26 .\n\nTable Data:\n[['years ended ( in millions )', 'dec 302017', 'dec 312016', 'dec 262015'], ['net cash provided by operating activities', '$ 22110', '$ 21808', '$ 19018'], ['net cash used for investing activities', '-15762 ( 15762 )', '-25817 ( 25817 )', '-8183 ( 8183 )'], ['net cash provided by ( used for ) financing activities', '-8475 ( 8475 )', '-5739 ( 5739 )', '1912'], ['net increase ( decrease ) in cash and cash equivalents', '$ -2127 ( 2127 )', '$ -9748 ( 9748 )', '$ 12747']]\n\nFollowing Text:\noperating activities cash provided by operating activities is net income adjusted for certain non-cash items and changes in assets and liabilities .\nfor 2017 compared to 2016 , the $ 302 million increase in cash provided by operating activities was due to changes to working capital partially offset by adjustments for non-cash items and lower net income .\ntax reform did not have an impact on our 2017 cash provided by operating activities .\nthe increase in cash provided by operating activities was driven by increased income before taxes and $ 1.0 billion receipts of customer deposits .\nthese increases were partially offset by increased inventory and accounts receivable .\nincome taxes paid , net of refunds , in 2017 compared to 2016 were $ 2.9 billion higher due to higher income before taxes , taxable gains on sales of asml , and taxes on the isecg divestiture .\nwe expect approximately $ 2.0 billion of additional customer deposits in 2018 .\nfor 2016 compared to 2015 , the $ 2.8 billion increase in cash provided by operating activities was due to adjustments for non-cash items and changes in working capital , partially offset by lower net income .\nthe adjustments for non-cash items were higher in 2016 primarily due to restructuring and other charges and the change in deferred taxes , partially offset by lower depreciation .\ninvesting activities investing cash flows consist primarily of capital expenditures ; investment purchases , sales , maturities , and disposals ; and proceeds from divestitures and cash used for acquisitions .\nour capital expenditures were $ 11.8 billion in 2017 ( $ 9.6 billion in 2016 and $ 7.3 billion in 2015 ) .\nthe decrease in cash used for investing activities in 2017 compared to 2016 was primarily due to higher net activity of available-for sale-investments in 2017 , proceeds from our divestiture of isecg in 2017 , and higher maturities and sales of trading assets in 2017 .\nthis activity was partially offset by higher capital expenditures in 2017 .\nthe increase in cash used for investing activities in 2016 compared to 2015 was primarily due to our completed acquisition of altera , net purchases of trading assets in 2016 compared to net sales of trading assets in 2015 , and higher capital expenditures in 2016 .\nthis increase was partially offset by lower investments in non-marketable equity investments .\nfinancing activities financing cash flows consist primarily of repurchases of common stock , payment of dividends to stockholders , issuance and repayment of short-term and long-term debt , and proceeds from the sale of shares of common stock through employee equity incentive plans .\nthe increase in cash used for financing activities in 2017 compared to 2016 was primarily due to net long-term debt activity , which was a use of cash in 2017 compared to a source of cash in 2016 .\nduring 2017 , we repurchased $ 3.6 billion of common stock under our authorized common stock repurchase program , compared to $ 2.6 billion in 2016 .\nas of december 30 , 2017 , $ 13.2 billion remained available for repurchasing common stock under the existing repurchase authorization limit .\nwe base our level of common stock repurchases on internal cash management decisions , and this level may fluctuate .\nproceeds from the sale of common stock through employee equity incentive plans totaled $ 770 million in 2017 compared to $ 1.1 billion in 2016 .\nour total dividend payments were $ 5.1 billion in 2017 compared to $ 4.9 billion in 2016 .\nwe have paid a cash dividend in each of the past 101 quarters .\nin january 2018 , our board of directors approved an increase to our cash dividend to $ 1.20 per share on an annual basis .\nthe board has declared a quarterly cash dividend of $ 0.30 per share of common stock for q1 2018 .\nthe dividend is payable on march 1 , 2018 to stockholders of record on february 7 , 2018 .\ncash was used for financing activities in 2016 compared to cash provided by financing activities in 2015 , primarily due to fewer debt issuances and the repayment of debt in 2016 .\nthis activity was partially offset by repayment of commercial paper in 2015 and fewer common stock repurchases in 2016 .\nmd&a - results of operations consolidated results and analysis 37 .\n\nQuestion: what was the percentage change in net cash provided by operating activities from 2015 to 2016?",
        "solution": "15%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2004/page_83.pdf\n\nID: EW/2004/page_83.pdf-2\n\nPrevious Text:\nedwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively .\ncertain facilities and equipment are leased under operating leases expiring at various dates .\nmost of the operating leases contain renewal options .\ntotal expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively .\n11 .\nfinancial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis .\nfinancial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt .\nthe fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices .\nfor other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows .\nthe carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates .\nthe company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. .\n\nTable Data:\n[['', 'operating leases', 'aggregate debt maturities'], ['2005', '$ 13.1', '$ 2014'], ['2006', '11.5', '2014'], ['2007', '8.9', '2014'], ['2008', '8.0', '2014'], ['2009', '7.2', '2014'], ['thereafter', '1.1', '267.1'], ['total obligations and commitments', '$ 49.8', '$ 267.1']]\n\nFollowing Text:\nedwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively .\ncertain facilities and equipment are leased under operating leases expiring at various dates .\nmost of the operating leases contain renewal options .\ntotal expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively .\n11 .\nfinancial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis .\nfinancial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt .\nthe fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices .\nfor other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows .\nthe carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates .\nthe company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. .\n\nQuestion: what was the percentage change in total expense for all operating leases between 2003 and 2004?",
        "solution": "14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2017/page_110.pdf\n\nID: SLG/2017/page_110.pdf-2\n\nPrevious Text:\n108 / sl green realty corp .\n2017 annual report espp provides for eligible employees to purchase the common stock at a purchase price equal to 85% ( 85 % ) of the lesser of ( 1 ) a0the market value of the common stock on the first day of the offer- ing period or ( 2 ) a0the market value of the common stock on the last day of the offering period .\nthe espp was approved by our stockholders at our 2008 annual meeting of stockholders .\nas of december a031 , 2017 , 104597 a0shares of our common stock had been issued under the espp .\navailable for issuance , subject to adjustment upon a merger , reorganization , stock split or other similar corporate change .\nthe company filed a registration statement on form a0s-8 with the sec with respect to the espp .\nthe common stock is offered for purchase through a series of successive offering periods .\neach offering period will be three months in duration and will begin on the first day of each calendar quarter , with the first a0offering period having commenced on january a01 , 2008 .\nthe 15 .\naccumulated other comprehensive income the following tables set forth the changes in accumulated other comprehensive income ( loss ) by component as of december a031 , 2017 , 2016 and 2015 ( in thousands ) : sl a0green 2019s share net unrealized of joint venture net unrealized gain on net unrealized gain on derivative gain on derivative marketable instruments ( 1 ) instruments ( 2 ) securities total .\n\nTable Data:\n[['', 'net unrealized gain on derivative instruments ( 1 )', 'sl green 2019s share of joint venture net unrealized gain on derivative instruments ( 2 )', 'net unrealized gain on marketable securities', 'total'], ['balance at december 31 2014', '$ -9498 ( 9498 )', '$ -95 ( 95 )', '$ 2613', '$ -6980 ( 6980 )'], ['other comprehensive loss before reclassifications', '-11143 ( 11143 )', '-1714 ( 1714 )', '-610 ( 610 )', '-13467 ( 13467 )'], ['amounts reclassified from accumulated other comprehensive income', '10481', '1217', '2014', '11698'], ['balance at december 31 2015', '-10160 ( 10160 )', '-592 ( 592 )', '2003', '-8749 ( 8749 )'], ['other comprehensive income before reclassifications', '13534', '1160', '3517', '18211'], ['amounts reclassified from accumulated other comprehensive income', '9222', '3453', '2014', '12675'], ['balance at december 31 2016', '12596', '4021', '5520', '22137'], ['other comprehensive ( loss ) income before reclassifications', '-1618 ( 1618 )', '233', '-1348 ( 1348 )', '-2733 ( 2733 )'], ['amounts reclassified from accumulated other comprehensive income', '1564', '766', '-3130 ( 3130 )', '-800 ( 800 )'], ['balance at december 31 2017', '$ 12542', '$ 5020', '$ 1042', '$ 18604']]\n\nFollowing Text:\n( 1 ) amount reclassified from accumulated other comprehensive income ( loss ) is included in interest expense in the respective consolidated statements of operations .\nas of december a031 , 2017 and 2016 , the deferred net losses from these terminated hedges , which is included in accumulated other comprehensive loss relating to net unrealized loss on derivative instrument , was $ 3.2 a0million and $ 7.1 a0million , respectively .\n( 2 ) amount reclassified from accumulated other comprehensive income ( loss ) is included in equity in net income from unconsolidated joint ventures in the respective consolidated statements of operations .\n16 .\nfair value measurements we are required to disclose fair value information with regard to our financial instruments , whether or not recognized in the consolidated balance sheets , for which it is practical to estimate fair value .\nthe fasb guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date .\nwe measure and/or disclose the estimated fair value of financial assets and liabilities based on a hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity and the reporting entity 2019s own assumptions about market participant assumptions .\nthis hierarchy consists of three broad levels : level a01 2014 quoted prices ( unadjusted ) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date ; level a02 2014 inputs other than quoted prices included within level a01 , that are observable for the asset or liability , either directly or indirectly ; and level a03 2014 unobservable inputs for the asset or liability that are used when little or no market data is available .\nwe follow this hierarchy for our assets and liabilities measured at fair value on a recurring and nonrecurring basis .\nin instances in which the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy , the level in the fair value hierarchy within which the entire fair value measure- ment falls is based on the lowest level of input that is significant to the fair value measurement in its entirety .\nour assessment of the significance of the particular input to the fair value mea- surement in its entirety requires judgment and considers factors specific to the asset or liability. .\n\nQuestion: what was the net three year change in the aoci balance for all derivatives and marketable securities?",
        "solution": "25584"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2014/page_80.pdf\n\nID: UNP/2014/page_80.pdf-3\n\nPrevious Text:\ndirect 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 .\nadditionally , 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 options are not considered to be potentially significant to the vies .\nthe future minimum lease payments associated with the vie leases totaled $ 3.0 billion as of december 31 , 2014 .\n17 .\nleases we lease certain locomotives , freight cars , and other property .\nthe consolidated statements of financial position as of december 31 , 2014 and 2013 included $ 2454 million , net of $ 1210 million of accumulated depreciation , and $ 2486 million , net of $ 1092 million of accumulated depreciation , respectively , for properties held under capital leases .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 , 2014 , were as follows : millions operating leases capital leases .\n\nTable Data:\n[['millions', 'operatingleases', 'capitalleases'], ['2015', '$ 508', '$ 253'], ['2016', '484', '249'], ['2017', '429', '246'], ['2018', '356', '224'], ['2019', '323', '210'], ['later years', '1625', '745'], ['total minimum leasepayments', '$ 3725', '$ 1927'], ['amount representing interest', 'n/a', '-407 ( 407 )'], ['present value of minimum leasepayments', 'n/a', '$ 1520']]\n\nFollowing Text:\napproximately 95% ( 95 % ) of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 593 million in 2014 , $ 618 million in 2013 , and $ 631 million in 2012 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n18 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe 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 .\nwe 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 .\npersonal 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 .\nwe use an actuarial analysis to measure the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work .\nour personal injury liability is not discounted to present value due to the uncertainty surrounding the timing of future payments .\napproximately 93% ( 93 % ) of the recorded liability is related to asserted claims and approximately 7% ( 7 % ) is related to unasserted claims at december 31 , 2014 .\nbecause of the uncertainty .\n\nQuestion: what percentage of total minimum lease payments are capital leases?",
        "solution": "34%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2015/page_141.pdf\n\nID: AWK/2015/page_141.pdf-4\n\nPrevious Text:\nlong-term liabilities .\nthe value of the company 2019s deferred compensation obligations is based on the market value of the participants 2019 notional investment accounts .\nthe notional investments are comprised primarily of mutual funds , which are based on observable market prices .\nmark-to-market derivative asset and liability 2014the company utilizes fixed-to-floating interest-rate swaps , typically designated as fair-value hedges , to achieve a targeted level of variable-rate debt as a percentage of total debt .\nthe company also employs derivative financial instruments in the form of variable-to-fixed interest rate swaps , classified as economic hedges , in order to fix the interest cost on some of its variable-rate debt .\nthe company uses a calculation of future cash inflows and estimated future outflows , which are discounted , to determine the current fair value .\nadditional inputs to the present value calculation include the contract terms , counterparty credit risk , interest rates and market volatility .\nother investments 2014other investments primarily represent money market funds used for active employee benefits .\nthe company includes other investments in other current assets .\nnote 18 : leases the company has entered into operating leases involving certain facilities and equipment .\nrental expenses under operating leases were $ 21 for 2015 , $ 22 for 2014 and $ 23 for 2013 .\nthe operating leases for facilities will expire over the next 25 years and the operating leases for equipment will expire over the next five years .\ncertain operating leases have renewal options ranging from one to five years .\nthe minimum annual future rental commitment under operating leases that have initial or remaining non- cancelable lease terms over the next five years and thereafter are as follows: .\n\nTable Data:\n[['year', 'amount'], ['2016', '$ 13'], ['2017', '12'], ['2018', '11'], ['2019', '10'], ['2020', '8'], ['thereafter', '74']]\n\nFollowing Text:\nthe company has a series of agreements with various public entities ( the 201cpartners 201d ) to establish certain joint ventures , commonly referred to as 201cpublic-private partnerships . 201d under the public-private partnerships , the company constructed utility plant , financed by the company and the partners constructed utility plant ( connected to the company 2019s property ) , financed by the partners .\nthe company agreed to transfer and convey some of its real and personal property to the partners in exchange for an equal principal amount of industrial development bonds ( 201cidbs 201d ) , issued by the partners under a state industrial development bond and commercial development act .\nthe company leased back the total facilities , including portions funded by both the company and the partners , under leases for a period of 40 years .\nthe leases related to the portion of the facilities funded by the company have required payments from the company to the partners that approximate the payments required by the terms of the idbs from the partners to the company ( as the holder of the idbs ) .\nas the ownership of the portion of the facilities constructed by the company will revert back to the company at the end of the lease , the company has recorded these as capital leases .\nthe lease obligation and the receivable for the principal amount of the idbs are presented by the company on a net basis .\nthe gross cost of the facilities funded by the company recognized as a capital lease asset was $ 156 and $ 157 as of december 31 , 2015 and 2014 , respectively , which is presented in property , plant and equipment in the accompanying consolidated balance sheets .\nthe future payments under the lease obligations are equal to and offset by the payments receivable under the idbs. .\n\nQuestion: what percentage does rental expense make up of gross cost of facilities funded in 2015?",
        "solution": "13.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2016/page_44.pdf\n\nID: PNC/2016/page_44.pdf-1\n\nPrevious Text:\npart ii item 5 2013 market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities ( a ) ( 1 ) our common stock is listed on the new york stock exchange and is traded under the symbol 201cpnc . 201d at the close of business on february 16 , 2017 , there were 60763 common shareholders of record .\nholders of pnc common stock are entitled to receive dividends when declared by the board of directors out of funds legally available for this purpose .\nour board of directors may not pay or set apart dividends on the common stock until dividends for all past dividend periods on any series of outstanding preferred stock and certain outstanding capital securities issued by the parent company have been paid or declared and set apart for payment .\nthe board of directors presently intends to continue the policy of paying quarterly cash dividends .\nthe amount of any future dividends will depend on economic and market conditions , our financial condition and operating results , and other factors , including contractual restrictions and applicable government regulations and policies ( such as those relating to the ability of bank and non-bank subsidiaries to pay dividends to the parent company and regulatory capital limitations ) .\nthe amount of our dividend is also currently subject to the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve and our primary bank regulators as part of the comprehensive capital analysis and review ( ccar ) process as described in the supervision and regulation section in item 1 of this report .\nthe federal reserve has the power to prohibit us from paying dividends without its approval .\nfor further information concerning dividend restrictions and other factors that could limit our ability to pay dividends , as well as restrictions on loans , dividends or advances from bank subsidiaries to the parent company , see the supervision and regulation section in item 1 , item 1a risk factors , the capital and liquidity management portion of the risk management section in item 7 , and note 10 borrowed funds , note 15 equity and note 18 regulatory matters in the notes to consolidated financial statements in item 8 of this report , which we include here by reference .\nwe include here by reference additional information relating to pnc common stock under the common stock prices/ dividends declared section in the statistical information ( unaudited ) section of item 8 of this report .\nwe include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2016 in the table ( with introductory paragraph and notes ) that appears in item 12 of this report .\nour stock transfer agent and registrar is : computershare trust company , n.a .\n250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact this phone number regarding dividends and other shareholder services .\nwe include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .\n( a ) ( 2 ) none .\n( b ) not applicable .\n( c ) details of our repurchases of pnc common stock during the fourth quarter of 2016 are included in the following table : in thousands , except per share data 2016 period total shares purchased ( a ) average paid per total shares purchased as part of publicly announced programs ( b ) maximum number of shares that may yet be purchased under the programs ( b ) .\n\nTable Data:\n[['2016 period', 'total sharespurchased ( a )', 'averagepricepaid pershare', 'total sharespurchased aspartofpubliclyannouncedprograms ( b )', 'maximumnumber ofshares thatmay yet bepurchasedundertheprograms ( b )'], ['october 1 2013 31', '2277', '$ 91.15', '2245', '61962'], ['november 1 2013 30', '1243', '$ 103.50', '1243', '60719'], ['december 1 2013 31', '1449', '$ 115.65', '1449', '59270'], ['total', '4969', '$ 101.39', '', '']]\n\nFollowing Text:\n( a ) includes pnc common stock purchased in connection with our various employee benefit plans generally related to forfeitures of unvested restricted stock awards and shares used to cover employee payroll tax withholding requirements .\nnote 11 employee benefit plans and note 12 stock based compensation plans in the notes to consolidated financial statements in item 8 of this report include additional information regarding our employee benefit and equity compensation plans that use pnc common stock .\n( b ) on march 11 , 2015 , we announced that our board of directors approved the establishment of a stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .\nrepurchases are made in open market or privately negotiated transactions and the timing and exact amount of common stock repurchases will depend on a number of factors including , among others , market and general economic conditions , regulatory capital considerations , alternative uses of capital , the potential impact on our credit ratings , and contractual and regulatory limitations , including the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve as part of the ccar process .\nin june 2016 , we announced share repurchase programs of up to $ 2.0 billion for the four quarter period beginning with the third quarter of 2016 , including repurchases of up to $ 200 million related to employee benefit plans .\nin january 2017 , we announced a $ 300 million increase in our share repurchase programs for this period .\nin the fourth quarter of 2016 , we repurchased 4.9 million shares of common stock on the open market , with an average price of $ 101.47 per share and an aggregate repurchase price of $ .5 billion .\nsee the liquidity and capital management portion of the risk management section in item 7 of this report for more information on the share repurchase programs under the share repurchase authorization for the period july 1 , 2016 through june 30 , 2017 included in the 2016 capital plan accepted by the federal reserve .\n28 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: for the period october 1 2013 31 , total shares purchased as part of publicly announced programs were what percent of total shares purchased?",
        "solution": "98.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EMR/2018/page_55.pdf\n\nID: EMR/2018/page_55.pdf-4\n\nPrevious Text:\n2018 emerson annual report | 51 as of september 30 , 2018 , 1874750 shares awarded primarily in 2016 were outstanding , contingent on the company achieving its performance objectives through 2018 .\nthe objectives for these shares were met at the 97 percent level at the end of 2018 and 1818508 shares will be distributed in early 2019 .\nadditionally , the rights to receive a maximum of 2261700 and 2375313 common shares were awarded in 2018 and 2017 , respectively , under the new performance shares program , and are outstanding and contingent upon the company achieving its performance objectives through 2020 and 2019 , respectively .\nincentive shares plans also include restricted stock awards which involve distribution of common stock to key management employees subject to cliff vesting at the end of service periods ranging from three to ten years .\nthe fair value of restricted stock awards is determined based on the average of the high and low market prices of the company 2019s common stock on the date of grant , with compensation expense recognized ratably over the applicable service period .\nin 2018 , 310000 shares of restricted stock vested as a result of participants fulfilling the applicable service requirements .\nconsequently , 167837 shares were issued while 142163 shares were withheld for income taxes in accordance with minimum withholding requirements .\nas of september 30 , 2018 , there were 1276200 shares of unvested restricted stock outstanding .\nthe total fair value of shares distributed under incentive shares plans was $ 20 , $ 245 and $ 11 , respectively , in 2018 , 2017 and 2016 , of which $ 9 , $ 101 and $ 4 was paid in cash , primarily for tax withholding .\nas of september 30 , 2018 , 10.3 million shares remained available for award under incentive shares plans .\nchanges in shares outstanding but not yet earned under incentive shares plans during the year ended september 30 , 2018 follow ( shares in thousands ; assumes 100 percent payout of unvested awards ) : average grant date shares fair value per share .\n\nTable Data:\n[['', 'shares', 'average grant datefair value per share'], ['beginning of year', '4999', '$ 50.33'], ['granted', '2295', '$ 63.79'], ['earned/vested', '-310 ( 310 )', '$ 51.27'], ['canceled', '-86 ( 86 )', '$ 56.53'], ['end of year', '6898', '$ 54.69']]\n\nFollowing Text:\ntotal compensation expense for stock options and incentive shares was $ 216 , $ 115 and $ 159 for 2018 , 2017 and 2016 , respectively , of which $ 5 and $ 14 was included in discontinued operations for 2017 and 2016 , respectively .\nthe increase in expense for 2018 reflects an increase in the company 2019s stock price and progress toward achieving its performance objectives .\nthe decrease in expense for 2017 reflects the impact of changes in the stock price .\nincome tax benefits recognized in the income statement for these compensation arrangements during 2018 , 2017 and 2016 were $ 42 , $ 33 and $ 45 , respectively .\nas of september 30 , 2018 , total unrecognized compensation expense related to unvested shares awarded under these plans was $ 182 , which is expected to be recognized over a weighted-average period of 1.1 years .\nin addition to the employee stock option and incentive shares plans , in 2018 the company awarded 12228 shares of restricted stock and 2038 restricted stock units under the restricted stock plan for non-management directors .\nas of september 30 , 2018 , 159965 shares were available for issuance under this plan .\n( 16 ) common and preferred stock at september 30 , 2018 , 37.0 million shares of common stock were reserved for issuance under the company 2019s stock-based compensation plans .\nduring 2018 , 15.1 million common shares were purchased and 2.6 million treasury shares were reissued .\nin 2017 , 6.6 million common shares were purchased and 5.5 million treasury shares were reissued .\nat september 30 , 2018 and 2017 , the company had 5.4 million shares of $ 2.50 par value preferred stock authorized , with none issued. .\n\nQuestion: with no additional approvals if the rate of issuance under the restricted stock plan for non-management directors continues how many years of stock to issue remain?",
        "solution": "11.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2014/page_126.pdf\n\nID: HIG/2014/page_126.pdf-3\n\nPrevious Text:\nthe agencies consider many factors in determining the final rating of an insurance company .\none consideration is the relative level of statutory surplus necessary to support the business written .\nstatutory surplus represents the capital of the insurance company reported in accordance with accounting practices prescribed by the applicable state insurance department .\nsee part i , item 1a .\nrisk factors 2014 201cdowngrades in our financial strength or credit ratings , which may make our products less attractive , could increase our cost of capital and inhibit our ability to refinance our debt , which would have a material adverse effect on our business , financial condition , results of operations and liquidity . 201d statutory surplus the table below sets forth statutory surplus for the company 2019s insurance companies as of december 31 , 2014 and 2013: .\n\nTable Data:\n[['', '2014', '2013'], ['u.s . life insurance subsidiaries includes domestic captive insurance subsidiaries in 2013', '$ 7157', '$ 6639'], ['property and casualty insurance subsidiaries', '8069', '8022'], ['total', '$ 15226', '$ 14661']]\n\nFollowing Text:\nstatutory capital and surplus for the u.s .\nlife insurance subsidiaries , including domestic captive insurance subsidiaries in 2013 , increased by $ 518 , primarily due to variable annuity surplus impacts of $ 788 , net income from non-variable annuity business of $ 187 , increases in unrealized gains from other invested assets carrying values of $ 138 , partially offset by returns of capital of $ 500 , and changes in reserves on account of change in valuation basis of $ 100 .\neffective april 30 , 2014 the last domestic captive ceased operations .\nstatutory capital and surplus for the property and casualty insurance increased by $ 47 , primarily due to statutory net income of $ 1.1 billion , and unrealized gains on investments of $ 1.4 billion , largely offset by dividends to the hfsg holding company of $ 2.5 billion .\nthe company also held regulatory capital and surplus for its former operations in japan until the sale of those operations on june 30 , 2014 .\nunder the accounting practices and procedures governed by japanese regulatory authorities , the company 2019s statutory capital and surplus was $ 1.2 billion as of december 31 , 2013. .\n\nQuestion: what portion of the total statutory surplus is related to property and casualty insurance subsidiaries in 2014?",
        "solution": "53.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_18.pdf\n\nID: ETR/2016/page_18.pdf-3\n\nPrevious Text:\nentergy corporation and subsidiaries management 2019s financial discussion and analysis combination .\nconsistent with the terms of the stipulated settlement in the business combination proceeding , electric customers of entergy louisiana will realize customer credits associated with the business combination ; accordingly , in october 2015 , entergy recorded a regulatory liability of $ 107 million ( $ 66 million net-of-tax ) .\nthese costs are being amortized over a nine-year period beginning december 2015 .\nsee note 2 to the financial statements for further discussion of the business combination and customer credits .\nthe volume/weather variance is primarily due to the effect of more favorable weather during the unbilled period and an increase in industrial usage , partially offset by the effect of less favorable weather on residential sales .\nthe increase in industrial usage is primarily due to expansion projects , primarily in the chemicals industry , and increased demand from new customers , primarily in the industrial gases industry .\nthe louisiana act 55 financing savings obligation variance results from a regulatory charge for tax savings to be shared with customers per an agreement approved by the lpsc .\nthe tax savings results from the 2010-2011 irs audit settlement on the treatment of the louisiana act 55 financing of storm costs for hurricane gustav and hurricane ike .\nsee note 3 to the financial statements for additional discussion of the settlement and benefit sharing .\nincluded in other is a provision of $ 23 million recorded in 2016 related to the settlement of the waterford 3 replacement steam generator prudence review proceeding , offset by a provision of $ 32 million recorded in 2015 related to the uncertainty at that time associated with the resolution of the waterford 3 replacement steam generator prudence review proceeding .\nsee note 2 to the financial statements for a discussion of the waterford 3 replacement steam generator prudence review proceeding .\nentergy wholesale commodities following is an analysis of the change in net revenue comparing 2016 to 2015 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2015 net revenue', '$ 1666'], ['nuclear realized price changes', '-149 ( 149 )'], ['rhode island state energy center', '-44 ( 44 )'], ['nuclear volume', '-36 ( 36 )'], ['fitzpatrick reimbursement agreement', '41'], ['nuclear fuel expenses', '68'], ['other', '-4 ( 4 )'], ['2016 net revenue', '$ 1542']]\n\nFollowing Text:\nas shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 124 million in 2016 primarily due to : 2022 lower realized wholesale energy prices and lower capacity prices , although the average revenue per mwh shown in the table below for the nuclear fleet is slightly higher because it includes revenues from the fitzpatrick reimbursement agreement with exelon , the amortization of the palisades below-market ppa , and vermont yankee capacity revenue .\nthe effect of the amortization of the palisades below-market ppa and vermont yankee capacity revenue on the net revenue variance from 2015 to 2016 is minimal ; 2022 the sale of the rhode island state energy center in december 2015 .\nsee note 14 to the financial statements for further discussion of the rhode island state energy center sale ; and 2022 lower volume in the entergy wholesale commodities nuclear fleet resulting from more refueling outage days in 2016 as compared to 2015 and larger exercise of resupply options in 2016 as compared to 2015 .\nsee 201cnuclear .\n\nQuestion: what would net revenue have been in 2016 if there wasn't a gain from the fitzpatrick reimbursement agreement?",
        "solution": "1501"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2010/page_75.pdf\n\nID: UNP/2010/page_75.pdf-1\n\nPrevious Text:\nassets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease .\namortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease .\n12 .\naccounts payable and other current liabilities dec .\n31 , dec .\n31 , millions 2010 2009 .\n\nTable Data:\n[['millions', 'dec . 31 2010', 'dec . 31 2009'], ['accounts payable', '$ 677', '$ 612'], ['dividends and interest', '383', '347'], ['accrued wages and vacation', '357', '339'], ['income and other taxes', '337', '224'], ['accrued casualty costs', '325', '379'], ['equipment rents payable', '86', '89'], ['other', '548', '480'], ['total accounts payable and other currentliabilities', '$ 2713', '$ 2470']]\n\nFollowing Text:\n13 .\nfinancial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices .\nwe are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes .\nderivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period .\nwe formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness .\nchanges in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings .\nwe may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements .\nmarket and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item .\nwe manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements .\nat december 31 , 2010 and 2009 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities .\ndetermination of fair value 2013 we determine the fair values of our derivative financial instrument positions based upon current fair values as quoted by recognized dealers or the present value of expected future cash flows .\ninterest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period .\nwe generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings .\nwe employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix .\nin addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities .\nswaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates .\nwe account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our consolidated financial statements. .\n\nQuestion: in 2010 what was the percent of the total accounts payable and other current liabilities applicable",
        "solution": "25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2015/page_46.pdf\n\nID: HUM/2015/page_46.pdf-2\n\nPrevious Text:\ndeclaration and payment of future quarterly dividends is at the discretion of our board and may be adjusted as business needs or market conditions change .\nin addition , under the terms of the merger agreement , we have agreed with aetna to coordinate the declaration and payment of dividends so that our stockholders do not fail to receive a quarterly dividend around the time of the closing of the merger .\non october 29 , 2015 , the board declared a cash dividend of $ 0.29 per share that was paid on january 29 , 2016 to stockholders of record on december 30 , 2015 , for an aggregate amount of $ 43 million .\nstock total return performance the following graph compares our total return to stockholders with the returns of the standard & poor 2019s composite 500 index ( 201cs&p 500 201d ) and the dow jones us select health care providers index ( 201cpeer group 201d ) for the five years ended december 31 , 2015 .\nthe graph assumes an investment of $ 100 in each of our common stock , the s&p 500 , and the peer group on december 31 , 2010 , and that dividends were reinvested when paid. .\n\nTable Data:\n[['', '12/31/2010', '12/31/2011', '12/31/2012', '12/31/2013', '12/31/2014', '12/31/2015'], ['hum', '$ 100', '$ 162', '$ 128', '$ 195', '$ 274', '$ 343'], ['s&p 500', '$ 100', '$ 102', '$ 118', '$ 157', '$ 178', '$ 181'], ['peer group', '$ 100', '$ 110', '$ 129', '$ 177', '$ 226', '$ 239']]\n\nFollowing Text:\nthe stock price performance included in this graph is not necessarily indicative of future stock price performance. .\n\nQuestion: what is the highest return for the first year of the investment?",
        "solution": "62%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2013/page_107.pdf\n\nID: STT/2013/page_107.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) the npr is generally consistent with the basel committee 2019s lcr .\nhowever , it includes certain more stringent requirements , including an accelerated implementation time line and modifications to the definition of high-quality liquid assets and expected outflow assumptions .\nwe continue to analyze the proposed rules and analyze their impact as well as develop strategies for compliance .\nthe principles of the lcr are consistent with our liquidity management framework ; however , the specific calibrations of various elements within the final lcr rule , such as the eligibility of assets as hqla , operational deposit requirements and net outflow requirements could have a material effect on our liquidity , funding and business activities , including the management and composition of our investment securities portfolio and our ability to extend committed contingent credit facilities to our clients .\nin january 2014 , the basel committee released a revised proposal with respect to the net stable funding ratio , or nsfr , which will establish a one-year liquidity standard representing the proportion of long-term assets funded by long-term stable funding , scheduled for global implementation in 2018 .\nthe revised nsfr has made some favorable changes regarding the treatment of operationally linked deposits and a reduction in the funding required for certain securities .\nhowever , we continue to review the specifics of the basel committee's release and will be evaluating the u.s .\nimplementation of this standard to analyze the impact and develop strategies for compliance .\nu.s .\nbanking regulators have not yet issued a proposal to implement the nsfr .\ncontractual cash obligations and other commitments the following table presents our long-term contractual cash obligations , in total and by period due as of december 31 , 2013 .\nthese obligations were recorded in our consolidated statement of condition as of that date , except for operating leases and the interest portions of long-term debt and capital leases .\ncontractual cash obligations .\n\nTable Data:\n[['as of december 31 2013 ( in millions )', 'payments due by period total', 'payments due by period less than 1year', 'payments due by period 1-3years', 'payments due by period 4-5years', 'payments due by period over 5years'], ['long-term debt ( 1 )', '$ 10630', '$ 1015', '$ 2979', '$ 2260', '$ 4376'], ['operating leases', '923', '208', '286', '209', '220'], ['capital lease obligations', '1051', '99', '185', '169', '598'], ['total contractual cash obligations', '$ 12604', '$ 1322', '$ 3450', '$ 2638', '$ 5194']]\n\nFollowing Text:\n( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .\ninterest payments were calculated at the stated rate with the exception of floating-rate debt , for which payments were calculated using the indexed rate in effect as of december 31 , 2013 .\nthe table above does not include obligations which will be settled in cash , primarily in less than one year , such as client deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings .\nadditional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 8 and 9 to the consolidated financial statements included under item 8 of this form 10-k .\nthe table does not include obligations related to derivative instruments because the derivative-related amounts recorded in our consolidated statement of condition as of december 31 , 2013 did not represent the amounts that may ultimately be paid under the contracts upon settlement .\nadditional information about our derivative instruments is provided in note 16 to the consolidated financial statements included under item 8 of this form 10-k .\nwe have obligations under pension and other post-retirement benefit plans , more fully described in note 19 to the consolidated financial statements included under item 8 of this form 10-k , which are not included in the above table .\nadditional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 10 and 20 to the consolidated financial statements included under item 8 of this form 10-k .\nour consolidated statement of cash flows , also included under item 8 of this form 10-k , provides additional liquidity information .\nthe following table presents our commitments , other than the contractual cash obligations presented above , in total and by duration as of december 31 , 2013 .\nthese commitments were not recorded in our consolidated statement of condition as of that date. .\n\nQuestion: what portion of the total contractual lease obligations are classified as capital leases?",
        "solution": "53.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_86.pdf\n\nID: LMT/2015/page_86.pdf-3\n\nPrevious Text:\n2015 and 2014 was $ 1.5 billion and $ 1.3 billion .\nthe aggregate notional amount of our outstanding foreign currency hedges at december 31 , 2015 and 2014 was $ 4.1 billion and $ 804 million .\nderivative instruments did not have a material impact on net earnings and comprehensive income during 2015 , 2014 and 2013 .\nsubstantially all of our derivatives are designated for hedge accounting .\nsee note 16 for more information on the fair value measurements related to our derivative instruments .\nrecent accounting pronouncements 2013 in may 2014 , the fasb issued a new standard that will change the way we recognize revenue and significantly expand the disclosure requirements for revenue arrangements .\non july 9 , 2015 , the fasb approved a one-year deferral of the effective date of the standard to 2018 for public companies , with an option that would permit companies to adopt the standard in 2017 .\nearly adoption prior to 2017 is not permitted .\nthe new standard may be adopted either retrospectively or on a modified retrospective basis whereby the new standard would be applied to new contracts and existing contracts with remaining performance obligations as of the effective date , with a cumulative catch-up adjustment recorded to beginning retained earnings at the effective date for existing contracts with remaining performance obligations .\nin addition , the fasb is contemplating making additional changes to certain elements of the new standard .\nwe are currently evaluating the methods of adoption allowed by the new standard and the effect the standard is expected to have on our consolidated financial statements and related disclosures .\nas the new standard will supersede substantially all existing revenue guidance affecting us under gaap , it could impact revenue and cost recognition on thousands of contracts across all our business segments , in addition to our business processes and our information technology systems .\nas a result , our evaluation of the effect of the new standard will extend over future periods .\nin september 2015 , the fasb issued a new standard that simplifies the accounting for adjustments made to preliminary amounts recognized in a business combination by eliminating the requirement to retrospectively account for those adjustments .\ninstead , adjustments will be recognized in the period in which the adjustments are determined , including the effect on earnings of any amounts that would have been recorded in previous periods if the accounting had been completed at the acquisition date .\nwe adopted the standard on january 1 , 2016 and will prospectively apply the standard to business combination adjustments identified after the date of adoption .\nin november 2015 , the fasb issued a new standard that simplifies the presentation of deferred income taxes and requires that deferred tax assets and liabilities , as well as any related valuation allowance , be classified as noncurrent in our consolidated balance sheets .\nthe standard is effective january 1 , 2017 , with early adoption permitted .\nthe standard may be applied either prospectively from the date of adoption or retrospectively to all prior periods presented .\nwe are currently evaluating when we will adopt the standard and the method of adoption .\nnote 2 2013 earnings per share the weighted average number of shares outstanding used to compute earnings per common share were as follows ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['weighted average common shares outstanding for basic computations', '310.3', '316.8', '320.9'], ['weighted average dilutive effect of equity awards', '4.4', '5.6', '5.6'], ['weighted average common shares outstanding for diluted computations', '314.7', '322.4', '326.5']]\n\nFollowing Text:\nwe compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented .\nour calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units and exercise of outstanding stock options based on the treasury stock method .\nthe computation of diluted earnings per common share excluded 2.4 million stock options for the year ended december 31 , 2013 because their inclusion would have been anti-dilutive , primarily due to their exercise prices exceeding the average market prices of our common stock during the respective periods .\nthere were no anti-dilutive equity awards for the years ended december 31 , 2015 and 2014. .\n\nQuestion: what was the change in weighted average common shares outstanding for diluted computations from 2014 to 2015 , in millions?",
        "solution": "-7.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2013/page_47.pdf\n\nID: INTC/2013/page_47.pdf-3\n\nPrevious Text:\nin summary , our cash flows for each period were as follows: .\n\nTable Data:\n[['( in millions )', '2013', '2012', '2011'], ['net cash provided by operating activities', '$ 20776', '$ 18884', '$ 20963'], ['net cash used for investing activities', '-18073 ( 18073 )', '-14060 ( 14060 )', '-10301 ( 10301 )'], ['net cash used for financing activities', '-5498 ( 5498 )', '-1408 ( 1408 )', '-11100 ( 11100 )'], ['effect of exchange rate fluctuations on cash and cash equivalents', '-9 ( 9 )', '-3 ( 3 )', '5'], ['net increase ( decrease ) in cash and cash equivalents', '$ -2804 ( 2804 )', '$ 3413', '$ -433 ( 433 )']]\n\nFollowing Text:\noperating activities cash provided by operating activities is net income adjusted for certain non-cash items and changes in certain assets and liabilities .\nfor 2013 compared to 2012 , the $ 1.9 billion increase in cash provided by operating activities was due to changes in working capital , partially offset by lower net income in 2013 .\nincome taxes paid , net of refunds , in 2013 compared to 2012 were $ 1.1 billion lower due to lower income before taxes in 2013 and 2012 income tax overpayments .\nchanges in assets and liabilities as of december 28 , 2013 , compared to december 29 , 2012 , included lower income taxes payable and receivable resulting from a reduction in taxes due in 2013 , and lower inventories due to the sell-through of older-generation products , partially offset by the ramp of 4th generation intel core processor family products .\nfor 2013 , our three largest customers accounted for 44% ( 44 % ) of our net revenue ( 43% ( 43 % ) in 2012 and 2011 ) , with hewlett- packard company accounting for 17% ( 17 % ) of our net revenue ( 18% ( 18 % ) in 2012 and 19% ( 19 % ) in 2011 ) , dell accounting for 15% ( 15 % ) of our net revenue ( 14% ( 14 % ) in 2012 and 15% ( 15 % ) in 2011 ) , and lenovo accounting for 12% ( 12 % ) of our net revenue ( 11% ( 11 % ) in 2012 and 9% ( 9 % ) in 2011 ) .\nthese three customers accounted for 34% ( 34 % ) of our accounts receivable as of december 28 , 2013 ( 33% ( 33 % ) as of december 29 , 2012 ) .\nfor 2012 compared to 2011 , the $ 2.1 billion decrease in cash provided by operating activities was due to lower net income and changes in our working capital , partially offset by adjustments for non-cash items .\nthe adjustments for noncash items were higher due primarily to higher depreciation in 2012 compared to 2011 , partially offset by increases in non-acquisition-related deferred tax liabilities as of december 31 , 2011 .\ninvesting activities investing cash flows consist primarily of capital expenditures ; investment purchases , sales , maturities , and disposals ; as well as cash used for acquisitions .\nthe increase in cash used for investing activities in 2013 compared to 2012 was primarily due to an increase in purchases of available-for-sale investments and a decrease in maturities and sales of trading assets , partially offset by an increase in maturities and sales of available-for-sale investments and a decrease in purchases of licensed technology and patents .\nour capital expenditures were $ 10.7 billion in 2013 ( $ 11.0 billion in 2012 and $ 10.8 billion in 2011 ) .\ncash used for investing activities increased in 2012 compared to 2011 primarily due to net purchases of available- for-sale investments and trading assets in 2012 , as compared to net maturities and sales of available-for-sale investments and trading assets in 2011 , partially offset by a decrease in cash paid for acquisitions .\nnet purchases of available-for-sale investments in 2012 included our purchase of $ 3.2 billion of equity securities in asml in q3 2012 .\nfinancing activities financing cash flows consist primarily of repurchases of common stock , payment of dividends to stockholders , issuance and repayment of long-term debt , and proceeds from the sale of shares through employee equity incentive plans .\ntable of contents management 2019s discussion and analysis of financial condition and results of operations ( continued ) .\n\nQuestion: what was the percentage change in net cash provided by operating activities between 2012 and 2013?",
        "solution": "10%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APTV/2018/page_36.pdf\n\nID: APTV/2018/page_36.pdf-2\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our ordinary shares have been publicly traded since november 17 , 2011 when our ordinary shares were listed and began trading on the new york stock exchange ( 201cnyse 201d ) under the symbol 201cdlph . 201d on december 4 , 2017 , following the spin-off of delphi technologies , the company changed its name to aptiv plc and its nyse symbol to 201captv . 201d as of january 25 , 2019 , there were 2 shareholders of record of our ordinary shares .\nthe following graph reflects the comparative changes in the value from december 31 , 2013 through december 31 , 2018 , assuming an initial investment of $ 100 and the reinvestment of dividends , if any in ( 1 ) our ordinary shares , ( 2 ) the s&p 500 index and ( 3 ) the automotive peer group .\nhistorical share prices of our ordinary shares have been adjusted to reflect the separation .\nhistorical performance may not be indicative of future shareholder returns .\nstock performance graph * $ 100 invested on december 31 , 2013 in our stock or in the relevant index , including reinvestment of dividends .\nfiscal year ended december 31 , 2018 .\n( 1 ) aptiv plc , adjusted for the distribution of delphi technologies on december 4 , 2017 ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive peer group 2013 adient plc , american axle & manufacturing holdings inc , aptiv plc , borgwarner inc , cooper tire & rubber co , cooper- standard holdings inc , dana inc , dorman products inc , ford motor co , garrett motion inc. , general motors co , gentex corp , gentherm inc , genuine parts co , goodyear tire & rubber co , lear corp , lkq corp , meritor inc , motorcar parts of america inc , standard motor products inc , stoneridge inc , superior industries international inc , tenneco inc , tesla inc , tower international inc , visteon corp , wabco holdings inc company index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['company index', 'december 31 2013', 'december 31 2014', 'december 31 2015', 'december 31 2016', 'december 31 2017', 'december 31 2018'], ['aptiv plc ( 1 )', '$ 100.00', '$ 122.75', '$ 146.49', '$ 117.11', '$ 178.46', '$ 130.80'], ['s&p 500 ( 2 )', '100.00', '113.69', '115.26', '129.05', '157.22', '150.33'], ['automotive peer group ( 3 )', '100.00', '107.96', '108.05', '107.72', '134.04', '106.89']]\n\nFollowing Text:\n.\n\nQuestion: what is the difference in percentage performance for aptiv plc versus the automotive peer group for the five year period ending december 31 2018?",
        "solution": "23.91%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: NKE/2015/page_37.pdf\n\nID: NKE/2015/page_37.pdf-4\n\nPrevious Text:\npart ii were issued in an initial aggregate principal amount of $ 500 million at a 2.25% ( 2.25 % ) fixed , annual interest rate and will mature on may 1 , 2023 .\nthe 2043 senior notes were issued in an initial aggregate principal amount of $ 500 million at a 3.625% ( 3.625 % ) fixed , annual interest rate and will mature on may 1 , 2043 .\ninterest on the senior notes is payable semi-annually on may 1 and november 1 of each year .\nthe issuance resulted in gross proceeds before expenses of $ 998 million .\non november 1 , 2011 , we entered into a committed credit facility agreement with a syndicate of banks which provides for up to $ 1 billion of borrowings with the option to increase borrowings to $ 1.5 billion with lender approval .\nthe facility matures november 1 , 2017 .\nas of and for the periods ended may 31 , 2015 and 2014 , we had no amounts outstanding under our committed credit facility .\nwe currently have long-term debt ratings of aa- and a1 from standard and poor 2019s corporation and moody 2019s investor services , respectively .\nif our long- term debt ratings were to decline , the facility fee and interest rate under our committed credit facility would increase .\nconversely , if our long-term debt rating were to improve , the facility fee and interest rate would decrease .\nchanges in our long-term debt rating would not trigger acceleration of maturity of any then-outstanding borrowings or any future borrowings under the committed credit facility .\nunder this committed revolving credit facility , we have agreed to various covenants .\nthese covenants include limits on our disposal of fixed assets , the amount of debt secured by liens we may incur , as well as a minimum capitalization ratio .\nin the event we were to have any borrowings outstanding under this facility and failed to meet any covenant , and were unable to obtain a waiver from a majority of the banks in the syndicate , any borrowings would become immediately due and payable .\nas of may 31 , 2015 , we were in full compliance with each of these covenants and believe it is unlikely we will fail to meet any of these covenants in the foreseeable future .\nliquidity is also provided by our $ 1 billion commercial paper program .\nduring the year ended may 31 , 2015 , we did not issue commercial paper , and as of may 31 , 2015 , there were no outstanding borrowings under this program .\nwe may issue commercial paper or other debt securities during fiscal 2016 depending on general corporate needs .\nwe currently have short-term debt ratings of a1+ and p1 from standard and poor 2019s corporation and moody 2019s investor services , respectively .\nas of may 31 , 2015 , we had cash , cash equivalents and short-term investments totaling $ 5.9 billion , of which $ 4.2 billion was held by our foreign subsidiaries .\nincluded in cash and equivalents as of may 31 , 2015 was $ 968 million of cash collateral received from counterparties as a result of hedging activity .\ncash equivalents and short-term investments consist primarily of deposits held at major banks , money market funds , commercial paper , corporate notes , u.s .\ntreasury obligations , u.s .\ngovernment sponsored enterprise obligations and other investment grade fixed income securities .\nour fixed income investments are exposed to both credit and interest rate risk .\nall of our investments are investment grade to minimize our credit risk .\nwhile individual securities have varying durations , as of may 31 , 2015 the weighted average remaining duration of our short-term investments and cash equivalents portfolio was 79 days .\nto date we have not experienced difficulty accessing the credit markets or incurred higher interest costs .\nfuture volatility in the capital markets , however , may increase costs associated with issuing commercial paper or other debt instruments or affect our ability to access those markets .\nwe believe that existing cash , cash equivalents , short-term investments and cash generated by operations , together with access to external sources of funds as described above , will be sufficient to meet our domestic and foreign capital needs in the foreseeable future .\nwe utilize a variety of tax planning and financing strategies to manage our worldwide cash and deploy funds to locations where they are needed .\nwe routinely repatriate a portion of our foreign earnings for which u.s .\ntaxes have previously been provided .\nwe also indefinitely reinvest a significant portion of our foreign earnings , and our current plans do not demonstrate a need to repatriate these earnings .\nshould we require additional capital in the united states , we may elect to repatriate indefinitely reinvested foreign funds or raise capital in the united states through debt .\nif we were to repatriate indefinitely reinvested foreign funds , we would be required to accrue and pay additional u.s .\ntaxes less applicable foreign tax credits .\nif we elect to raise capital in the united states through debt , we would incur additional interest expense .\noff-balance sheet arrangements in connection with various contracts and agreements , we routinely provide indemnification relating to the enforceability of intellectual property rights , coverage for legal issues that arise and other items where we are acting as the guarantor .\ncurrently , we have several such agreements in place .\nhowever , based on our historical experience and the estimated probability of future loss , we have determined that the fair value of such indemnification is not material to our financial position or results of operations .\ncontractual obligations our significant long-term contractual obligations as of may 31 , 2015 and significant endorsement contracts , including related marketing commitments , entered into through the date of this report are as follows: .\n\nTable Data:\n[['description of commitment ( in millions )', 'description of commitment 2016', 'description of commitment 2017', 'description of commitment 2018', 'description of commitment 2019', 'description of commitment 2020', 'description of commitment thereafter', 'total'], ['operating leases', '$ 447', '$ 423', '$ 371', '$ 311', '$ 268', '$ 1154', '$ 2974'], ['capital leases', '2', '2', '1', '2014', '2014', '2014', '5'], ['long-term debt ( 1 )', '142', '77', '55', '36', '36', '1451', '1797'], ['endorsement contracts ( 2 )', '1009', '919', '882', '706', '533', '2143', '6192'], ['product purchase obligations ( 3 )', '3735', '2014', '2014', '2014', '2014', '2014', '3735'], ['other ( 4 )', '343', '152', '75', '72', '36', '92', '770'], ['total', '$ 5678', '$ 1573', '$ 1384', '$ 1125', '$ 873', '$ 4840', '$ 15473']]\n\nFollowing Text:\n( 1 ) the cash payments due for long-term debt include estimated interest payments .\nestimates of interest payments are based on outstanding principal amounts , applicable fixed interest rates or currently effective interest rates as of may 31 , 2015 ( if variable ) , timing of scheduled payments and the term of the debt obligations .\n( 2 ) the amounts listed for endorsement contracts represent approximate amounts of base compensation and minimum guaranteed royalty fees we are obligated to pay athlete , sport team and league endorsers of our products .\nactual payments under some contracts may be higher than the amounts listed as these contracts provide for bonuses to be paid to the endorsers based upon athletic achievements and/or royalties on product sales in future periods .\nactual payments under some contracts may also be lower as these contracts include provisions for reduced payments if athletic performance declines in future periods .\nin addition to the cash payments , we are obligated to furnish our endorsers with nike product for their use .\nit is not possible to determine how much we will spend on this product on an annual basis as the contracts generally do not stipulate a specific amount of cash to be spent on the product .\nthe amount of product provided to the endorsers will depend on many factors , including general playing conditions , the number of sporting events in which they participate and our own decisions regarding product and marketing initiatives .\nin 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. .\n\nQuestion: what percentage of endorsement contracts is currently due after 2020?",
        "solution": "35%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2009/page_98.pdf\n\nID: BLK/2009/page_98.pdf-2\n\nPrevious Text:\nblackrock n 96 n notes in april 2009 , the company acquired $ 2 million of finite- lived management contracts with a five-year estimated useful life associated with the acquisition of the r3 capital partners funds .\nin december 2009 , in conjunction with the bgi trans- action , the company acquired $ 163 million of finite- lived management contracts with a weighted-average estimated useful life of approximately 10 years .\nestimated amortization expense for finite-lived intangible assets for each of the five succeeding years is as follows : ( dollar amounts in millions ) .\n\nTable Data:\n[['2010', '$ 160'], ['2011', '157'], ['2012', '156'], ['2013', '155'], ['2014', '149']]\n\nFollowing Text:\nindefinite-lived acquired management contracts on september 29 , 2006 , in conjunction with the mlim transaction , the company acquired indefinite-lived man- agement contracts valued at $ 4477 million consisting of $ 4271 million for all retail mutual funds and $ 206 million for alternative investment products .\non october 1 , 2007 , in conjunction with the quellos transaction , the company acquired $ 631 million in indefinite-lived management contracts associated with alternative investment products .\non october 1 , 2007 , the company purchased the remain- ing 20% ( 20 % ) of an investment manager of a fund of hedge funds .\nin conjunction with this transaction , the company recorded $ 8 million in additional indefinite-lived management contracts associated with alternative investment products .\non december 1 , 2009 , in conjunction with the bgi transaction , the company acquired $ 9785 million in indefinite-lived management contracts valued consisting primarily for exchange traded funds and common and collective trusts .\nindefinite-lived acquired trade names/trademarks on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired trade names/ trademarks primarily related to ishares valued at $ 1402.5 million .\nthe fair value was determined using a royalty rate based primarily on normalized marketing and promotion expenditures to develop and support the brands globally .\n13 .\nborrowings short-term borrowings 2007 facility in august 2007 , the company entered into a five-year $ 2.5 billion unsecured revolving credit facility ( the 201c2007 facility 201d ) , which permits the company to request an additional $ 500 million of borrowing capacity , subject to lender credit approval , up to a maximum of $ 3.0 billion .\nthe 2007 facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortiza- tion , where net debt equals total debt less domestic unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2009 .\nthe 2007 facility provides back-up liquidity , funds ongoing working capital for general corporate purposes and funds various investment opportunities .\nat december 31 , 2009 , the company had $ 200 million outstanding under the 2007 facility with an interest rate of 0.44% ( 0.44 % ) and a maturity date during february 2010 .\nduring february 2010 , the company rolled over $ 100 million in borrowings with an interest rate of 0.43% ( 0.43 % ) and a maturity date in may 2010 .\nlehman commercial paper inc .\nhas a $ 140 million participation under the 2007 facility ; however blackrock does not expect that lehman commercial paper inc .\nwill honor its commitment to fund additional amounts .\nbank of america , a related party , has a $ 140 million participation under the 2007 facility .\nin december 2007 , in order to support two enhanced cash funds that blackrock manages , blackrock elected to procure two letters of credit under the existing 2007 facility in an aggregate amount of $ 100 million .\nin decem- ber 2008 , the letters of credit were terminated .\ncommercial paper program on october 14 , 2009 , blackrock established a com- mercial paper program ( the 201ccp program 201d ) under which the company may issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 3 billion .\nthe proceeds of the commercial paper issuances were used for the financing of a portion of the bgi transaction .\nsubsidiaries of bank of america and barclays , as well as other third parties , act as dealers under the cp program .\nthe cp program is supported by the 2007 facility .\nthe company began issuance of cp notes under the cp program on november 4 , 2009 .\nas of december 31 , 2009 , blackrock had approximately $ 2 billion of out- standing cp notes with a weighted average interest rate of 0.20% ( 0.20 % ) and a weighted average maturity of 23 days .\nsince december 31 , 2009 , the company repaid approxi- mately $ 1.4 billion of cp notes with proceeds from the long-term notes issued in december 2009 .\nas of march 5 , 2010 , blackrock had $ 596 million of outstanding cp notes with a weighted average interest rate of 0.18% ( 0.18 % ) and a weighted average maturity of 38 days .\njapan commitment-line in june 2008 , blackrock japan co. , ltd. , a wholly owned subsidiary of the company , entered into a five billion japanese yen commitment-line agreement with a bank- ing institution ( the 201cjapan commitment-line 201d ) .\nthe term of the japan commitment-line was one year and interest accrued at the applicable japanese short-term prime rate .\nin june 2009 , blackrock japan co. , ltd .\nrenewed the japan commitment-line for a term of one year .\nthe japan commitment-line is intended to provide liquid- ity and flexibility for operating requirements in japan .\nat december 31 , 2009 , the company had no borrowings outstanding on the japan commitment-line .\nconvertible debentures in february 2005 , the company issued $ 250 million aggregate principal amount of convertible debentures ( the 201cdebentures 201d ) , due in 2035 and bearing interest at a rate of 2.625% ( 2.625 % ) per annum .\ninterest is payable semi- annually in arrears on february 15 and august 15 of each year , and commenced august 15 , 2005 .\nprior to february 15 , 2009 , the debentures could have been convertible at the option of the holder at a decem- ber 31 , 2008 conversion rate of 9.9639 shares of common stock per one dollar principal amount of debentures under certain circumstances .\nthe debentures would have been convertible into cash and , in some situations as described below , additional shares of the company 2019s common stock , if during the five business day period after any five consecutive trading day period the trading price per debenture for each day of such period is less than 103% ( 103 % ) of the product of the last reported sales price of blackrock 2019s common stock and the conversion rate of the debentures on each such day or upon the occurrence of certain other corporate events , such as a distribution to the holders of blackrock common stock of certain rights , assets or debt securities , if the company becomes party to a merger , consolidation or transfer of all or substantially all of its assets or a change of control of the company .\non february 15 , 2009 , the debentures became convertible into cash at any time prior to maturity at the option of the holder and , in some situations as described below , additional shares of the company 2019s common stock at the current conversion rate .\nat the time the debentures are tendered for conver- sion , for each one dollar principal amount of debentures converted , a holder shall be entitled to receive cash and shares of blackrock common stock , if any , the aggregate value of which ( the 201cconversion value 201d ) will be deter- mined by multiplying the applicable conversion rate by the average of the daily volume weighted average price of blackrock common stock for each of the ten consecutive trading days beginning on the second trading day imme- diately following the day the debentures are tendered for conversion ( the 201cten-day weighted average price 201d ) .\nthe company will deliver the conversion value to holders as follows : ( 1 ) an amount in cash ( the 201cprincipal return 201d ) equal to the lesser of ( a ) the aggregate conversion value of the debentures to be converted and ( b ) the aggregate principal amount of the debentures to be converted , and ( 2 ) if the aggregate conversion value of the debentures to be converted is greater than the principal return , an amount in shares ( the 201cnet shares 201d ) , determined as set forth below , equal to such aggregate conversion value less the principal return ( the 201cnet share amount 201d ) .\nthe number of net shares to be paid will be determined by dividing the net share amount by the ten-day weighted average price .\nin lieu of delivering fractional shares , the company will deliver cash based on the ten-day weighted average price .\nthe conversion rate for the debentures is subject to adjustments upon the occurrence of certain corporate events , such as a change of control of the company , 193253ti_txt.indd 96 4/2/10 1:18 pm .\n\nQuestion: what is the 2010 estimated amortization expense for finite-lived intangible assets as a percentage of the unsecured revolving credit facility?",
        "solution": "6.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2001/page_74.pdf\n\nID: STT/2001/page_74.pdf-4\n\nPrevious Text:\na black-scholes option-pricing model was used for purposes of estimating the fair value of state street 2019s employee stock options at the grant date .\nthe following were the weighted average assumptions for the years ended december 31 , 2001 , 2000 and 1999 , respectively : risk-free interest rates of 3.99% ( 3.99 % ) , 5.75% ( 5.75 % ) and 5.90% ( 5.90 % ) ; dividend yields of 1.08% ( 1.08 % ) , .73% ( .73 % ) and .92% ( .92 % ) ; and volatility factors of the expected market price of state street common stock of .30 , .30 and .30 .\nthe estimated weighted average life of the stock options granted was 4.1 years for the years ended december 31 , 2001 , 2000 and 1999 .\no t h e r u n r e a l i z e d c o m p r e h e n s i v e i n c o m e ( l o s s ) at december 31 , the components of other unrealized comprehensive income ( loss ) , net of related taxes , were as follows: .\n\nTable Data:\n[['( dollars in millions )', '2001', '2000'], ['unrealized gain on available-for-sale securities', '$ 96', '$ 19'], ['foreign currency translation', '-27 ( 27 )', '-20 ( 20 )'], ['other', '1', ''], ['total', '$ 70', '$ -1 ( 1 )']]\n\nFollowing Text:\nnote j shareholders 2019 rights plan in 1988 , state street declared a dividend of one preferred share purchase right for each outstanding share of common stock .\nin 1998 , the rights agreement was amended and restated , and in 2001 , the rights plan was impacted by the 2-for-1 stock split .\naccordingly , a right may be exercised , under certain conditions , to purchase one eight-hundredths share of a series of participating preferred stock at an exercise price of $ 132.50 , subject to adjustment .\nthe rights become exercisable if a party acquires or obtains the right to acquire 10% ( 10 % ) or more of state street 2019s common stock or after commencement or public announcement of an offer for 10% ( 10 % ) or more of state street 2019s common stock .\nwhen exercisable , under certain conditions , each right entitles the holder thereof to purchase shares of common stock , of either state street or of the acquirer , having a market value of two times the then-current exercise price of that right .\nthe rights expire in september 2008 , and may be redeemed at a price of $ .00125 per right , subject to adjustment , at any time prior to expiration or the acquisition of 10% ( 10 % ) of state street 2019s common stock .\nunder certain circumstances , the rights may be redeemed after they become exercisable and may be subject to automatic redemption .\nnote k regulatory matters r e g u l a t o r y c a p i t a l state street is subject to various regulatory capital requirements administered by federal banking agencies .\nfailure to meet minimum capital requirements can initiate certain mandatory and discretionary actions by regulators that , if undertaken , could have a direct material effect on state street 2019s financial condition .\nunder capital adequacy guidelines , state street must meet specific capital guidelines that involve quantitative measures of state street 2019s assets , liabilities and off-balance sheet items as calculated under regulatory accounting practices .\nstate street 2019s capital amounts and classification are subject to qualitative judgments by the regulators about components , risk weightings and other factors .\n42 state street corporation .\n\nQuestion: what is the net change in the balance of the other unrealized comprehensive income in 2001?",
        "solution": "71"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2013/page_49.pdf\n\nID: MRO/2013/page_49.pdf-1\n\nPrevious Text:\nprovision for income taxes increased $ 1791 million in 2012 from 2011 primarily due to the increase in pretax income from continuing operations , including the impact of the resumption of sales in libya in the first quarter of 2012 .\nthe following is an analysis of the effective income tax rates for 2012 and 2011: .\n\nTable Data:\n[['', '2012', '2011'], ['statutory rate applied to income from continuing operations before income taxes', '35% ( 35 % )', '35% ( 35 % )'], ['effects of foreign operations including foreign tax credits', '18', '6'], ['change in permanent reinvestment assertion', '2014', '5'], ['adjustments to valuation allowances', '21', '14'], ['tax law changes', '2014', '1'], ['effective income tax rate on continuing operations', '74% ( 74 % )', '61% ( 61 % )']]\n\nFollowing Text:\nthe effective income tax rate is influenced by a variety of factors including the geographic sources of income and the relative magnitude of these sources of income .\nthe provision for income taxes is allocated on a discrete , stand-alone basis to pretax segment income and to individual items not allocated to segments .\nthe difference between the total provision and the sum of the amounts allocated to segments appears in the \"corporate and other unallocated items\" shown in the reconciliation of segment income to net income below .\neffects of foreign operations 2013 the effects of foreign operations on our effective tax rate increased in 2012 as compared to 2011 , primarily due to the resumption of sales in libya in the first quarter of 2012 , where the statutory rate is in excess of 90 percent .\nchange in permanent reinvestment assertion 2013 in the second quarter of 2011 , we recorded $ 716 million of deferred u.s .\ntax on undistributed earnings of $ 2046 million that we previously intended to permanently reinvest in foreign operations .\noffsetting this tax expense were associated foreign tax credits of $ 488 million .\nin addition , we reduced our valuation allowance related to foreign tax credits by $ 228 million due to recognizing deferred u.s .\ntax on previously undistributed earnings .\nadjustments to valuation allowances 2013 in 2012 and 2011 , we increased the valuation allowance against foreign tax credits because it is more likely than not that we will be unable to realize all u.s .\nbenefits on foreign taxes accrued in those years .\nsee item 8 .\nfinancial statements and supplementary data - note 10 to the consolidated financial statements for further information about income taxes .\ndiscontinued operations is presented net of tax , and reflects our downstream business that was spun off june 30 , 2011 and our angola business which we agreed to sell in 2013 .\nsee item 8 .\nfinancial statements and supplementary data 2013 notes 3 and 6 to the consolidated financial statements for additional information. .\n\nQuestion: what was the average effective income tax rate on continuing operations?",
        "solution": "67.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2004/page_81.pdf\n\nID: HIG/2004/page_81.pdf-1\n\nPrevious Text:\nhas decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .\nin business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .\nin specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .\npolicyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .\ncombined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .\nthis ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .\na combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .\nthe combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .\nthe combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .\ncatastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .\na catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .\nby their nature , catastrophe losses vary dramatically from year to year .\nbased on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .\nbefore considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .\nsee 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .\ncombined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .\nthe company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .\nbefore considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .\nother operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .\nas such , neither earned premiums nor underwriting ratios are meaningful financial measures .\ninstead , management believes that underwriting result is a more meaningful measure .\nthe net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .\nreserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .\nrefer to the other operations segment md&a for further discussion of other operation's underwriting results .\ntotal property & casualty investment earnings .\n\nTable Data:\n[['', '2004', '2003', '2002'], ['investment yield after-tax', '4.1% ( 4.1 % )', '4.2% ( 4.2 % )', '4.5% ( 4.5 % )'], ['net realized capital gains ( losses ) after-tax', '$ 87', '$ 165', '$ -44 ( 44 )']]\n\nFollowing Text:\nthe investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .\nfor longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .\nhim determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .\ndue to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .\n\nQuestion: what is the total net realized gain for the last three years?",
        "solution": "208"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2002/page_13.pdf\n\nID: DRE/2002/page_13.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial conditionand results of operations d u k e r e a l t y c o r p o r a t i o n 1 1 2 0 0 2 a n n u a l r e p o r t 2022 interest expense on the company 2019s secured debt decreased from $ 30.8 million in 2001 to $ 22.9 million in 2002 as the company paid off $ 13.5 million of secured debt throughout 2002 and experienced lower borrowings on its secured line of credit during 2002 compared to 2001 .\nadditionally , the company paid off approximately $ 128.5 million of secured debt throughout 2001 .\n2022 interest expense on the company 2019s $ 500 million unsecured line of credit decreased by approximately $ 1.1 million in 2002 compared to 2001 as the company maintained lower balances on the line throughout most of 2002 .\nas a result of the above-mentioned items , earnings from rental operations decreased $ 35.0 million from $ 254.1 million for the year ended december 31 , 2001 , to $ 219.1 million for the year ended december 31 , 2002 .\nservice operations service operations primarily consist of leasing , management , construction and development services for joint venture properties and properties owned by third parties .\nservice operations revenues decreased from $ 80.5 million for the year ended december 31 , 2001 , to $ 68.6 million for the year ended december 31 , 2002 .\nthe prolonged effect of the slow economy has been the primary factor in the overall decrease in revenues .\nthe company experienced a decrease of $ 12.7 million in net general contractor revenues because of a decrease in the volume of construction in 2002 , compared to 2001 , as well as slightly lower profit margins .\nproperty management , maintenance and leasing fee revenues decreased from $ 22.8 million in 2001 to $ 14.3 million in 2002 primarily because of a decrease in landscaping maintenance revenue resulting from the sale of the landscaping operations in the third quarter of 2001 .\nconstruction management and development activity income represents construction and development fees earned on projects where the company acts as the construction manager along with profits from the company 2019s held for sale program whereby the company develops a property for sale upon completion .\nthe increase in revenues of $ 10.3 million in 2002 is primarily due to an increase in volume of the sale of properties from the held for sale program .\nservice operations expenses decreased from $ 45.3 million in 2001 to $ 38.3 million in 2002 .\nthe decrease is attributable to the decrease in construction and development activity and the reduced overhead costs as a result of the sale of the landscape business in 2001 .\nas a result of the above , earnings from service operations decreased from $ 35.1 million for the year ended december 31 , 2001 , to $ 30.3 million for the year ended december 31 , 2002 .\ngeneral and administrative expense general and administrative expense increased from $ 15.6 million in 2001 to $ 25.4 million for the year ended december 31 , 2002 .\nthe company has been successful reducing total operating and administration costs ; however , reduced construction and development activities have resulted in a greater amount of overhead being charged to general and administrative expense instead of being capitalized into development projects or charged to service operations .\nother income and expenses gain on sale of land and depreciable property dispositions , net of impairment adjustment , is comprised of the following amounts in 2002 and 2001 : gain on sales of depreciable properties represent sales of previously held for investment rental properties .\nbeginning in 2000 and continuing into 2001 , the company pursued favorable opportunities to dispose of real estate assets that no longer met long-term investment objectives .\nin 2002 , the company significantly reduced this property sales program until the business climate improves and provides better investment opportunities for the sale proceeds .\ngain on land sales represents sales of undeveloped land owned by the company .\nthe company pursues opportunities to dispose of land in markets with a high concentration of undeveloped land and those markets where the land no longer meets strategic development plans of the company .\nthe company recorded a $ 9.4 million adjustment in 2002 associated with six properties determined to have an impairment of book value .\nthe company has analyzed each of its in-service properties and has determined that there are no additional valuation adjustments that need to be made as of december 31 , 2002 .\nthe company recorded an adjustment of $ 4.8 million in 2001 for one property that the company had contracted to sell for a price less than its book value .\nother revenue for the year ended december 31 , 2002 , includes $ 1.4 million of gain related to an interest rate swap that did not qualify for hedge accounting. .\n\nTable Data:\n[['', '2002', '2001'], ['gain on sales of depreciable properties', '$ 4491', '$ 45428'], ['gain on land sales', '4478', '5080'], ['impairment adjustment', '-9379 ( 9379 )', '-4800 ( 4800 )'], ['total', '$ -410 ( 410 )', '$ 45708']]\n\nFollowing Text:\n.\n\nQuestion: what is the percent change in general and administrative expense from 2001 to 2002?",
        "solution": "62.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TROW/2009/page_24.pdf\n\nID: TROW/2009/page_24.pdf-4\n\nPrevious Text:\nadministrative fees , which increased $ 5.8 million to $ 353.9 million , are generally offset by related operating expenses that are incurred to provide services to the funds and their investors .\nour largest expense , compensation and related costs , increased $ 18.4 million or 2.3% ( 2.3 % ) from 2007 .\nthis increase includes $ 37.2 million in salaries resulting from an 8.4% ( 8.4 % ) increase in our average staff count and an increase of our associates 2019 base salaries at the beginning of the year .\nat december 31 , 2008 , we employed 5385 associates , up 6.0% ( 6.0 % ) from the end of 2007 , primarily to add capabilities and support increased volume-related activities and other growth over the past few years .\nover the course of 2008 , we slowed the growth of our associate base from earlier plans and the prior year .\nwe also reduced our annual bonuses $ 27.6 million versus the 2007 year in response to unfavorable financial market conditions that negatively impacted our operating results .\nthe balance of the increase is attributable to higher employee benefits and employment-related expenses , including an increase of $ 5.7 million in stock-based compensation .\nafter higher spending during the first quarter of 2008 versus 2007 , investor sentiment in the uncertain and volatile market environment caused us to reduce advertising and promotion spending , which for the year was down $ 3.8 million from 2007 .\noccupancy and facility costs together with depreciation expense increased $ 18 million , or 12% ( 12 % ) compared to 2007 .\nwe expanded and renovated our facilities in 2008 to accommodate the growth in our associates to meet business demands .\nother operating expenses were up $ 3.3 million from 2007 .\nwe increased our spending $ 9.8 million , primarily for professional fees and information and other third-party services .\nreductions in travel and charitable contributions partially offset these increases .\nour non-operating investment activity resulted in a net loss of $ 52.3 million in 2008 as compared to a net gain of $ 80.4 million in 2007 .\nthis change of $ 132.7 million is primarily attributable to losses recognized in 2008 on our investments in sponsored mutual funds , which resulted from declines in financial market values during the year. .\n\nTable Data:\n[['', '2007', '2008', 'change'], ['capital gain distributions received', '$ 22.1', '$ 5.6', '$ -16.5 ( 16.5 )'], ['other than temporary impairments recognized', '-.3 ( .3 )', '-91.3 ( 91.3 )', '-91.0 ( 91.0 )'], ['net gains ( losses ) realized onfund dispositions', '5.5', '-4.5 ( 4.5 )', '-10.0 ( 10.0 )'], ['net gain ( loss ) recognized on fund holdings', '$ 27.3', '$ -90.2 ( 90.2 )', '$ -117.5 ( 117.5 )']]\n\nFollowing Text:\nwe recognized other than temporary impairments of our investments in sponsored mutual funds because of declines in fair value below cost for an extended period .\nthe significant declines in fair value below cost that occurred in 2008 were generally attributable to adverse market conditions .\nin addition , income from money market and bond fund holdings was $ 19.3 million lower than in 2007 due to the significantly lower interest rate environment of 2008 .\nlower interest rates also led to substantial capital appreciation on our $ 40 million holding of u.s .\ntreasury notes that we sold in december 2008 at a $ 2.6 million gain .\nthe 2008 provision for income taxes as a percentage of pretax income is 38.4% ( 38.4 % ) , up from 37.7% ( 37.7 % ) in 2007 , primarily to reflect changes in state income tax rates and regulations and certain adjustments made prospectively based on our annual income tax return filings for 2007 .\nc a p i t a l r e s o u r c e s a n d l i q u i d i t y .\nduring 2009 , stockholders 2019 equity increased from $ 2.5 billion to $ 2.9 billion .\nwe repurchased nearly 2.3 million common shares for $ 67 million in 2009 .\ntangible book value is $ 2.2 billion at december 31 , 2009 , and our cash and cash equivalents and our mutual fund investment holdings total $ 1.4 billion .\ngiven the availability of these financial resources , we do not maintain an available external source of liquidity .\non january 20 , 2010 , we purchased a 26% ( 26 % ) equity interest in uti asset management company and an affiliate for $ 142.4 million .\nwe funded the acquisition from our cash holdings .\nin addition to the pending uti acquisition , we had outstanding commitments to fund other investments totaling $ 35.4 million at december 31 , 2009 .\nwe presently anticipate funding 2010 property and equipment expenditures of about $ 150 million from our cash balances and operating cash inflows .\n22 t .\nrowe price group annual report 2009 .\n\nQuestion: what percentage of tangible book value is made up of cash and cash equivalents and mutual fund investment holdings at december 31 , 2009?",
        "solution": "64%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2009/page_121.pdf\n\nID: CE/2009/page_121.pdf-4\n\nPrevious Text:\nduring 2009 , the company extended the contractual life of 4 million fully vested share options held by 6 employees .\nas a result of that modification , the company recognized additional compensation expense of $ 1 million for the year ended december 31 , 2009 .\nrestricted stock units ( 201crsus 201d ) performance-based rsus .\nthe company grants performance-based rsus to the company 2019s executive officers and certain employees once per year .\nthe company may also grant performance-based rsus to certain new employees or to employees who assume positions of increasing responsibility at the time those events occur .\nthe number of performance-based rsus that ultimately vest is dependent on one or both of the following as per the terms of the specific award agreement : the achievement of 1 ) internal profitability targets ( performance condition ) and 2 ) market performance targets measured by the comparison of the company 2019s stock performance versus a defined peer group ( market condition ) .\nthe performance-based rsus generally cliff-vest during the company 2019s quarter-end september 30 black-out period three years from the date of grant .\nthe ultimate number of shares of the company 2019s series a common stock issued will range from zero to stretch , with stretch defined individually under each award , net of personal income taxes withheld .\nthe market condition is factored into the estimated fair value per unit and compensation expense for each award will be based on the probability of achieving internal profitability targets , as applicable , and recognized on a straight-line basis over the term of the respective grant , less estimated forfeitures .\nfor performance-based rsus granted without a performance condition , compensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures .\nin april 2007 , the company granted performance-based rsus to certain employees that vest annually in equal tranches beginning october 1 , 2008 through october 1 , 2011 and include a market condition .\nthe performance- based rsus awarded include a catch-up provision that provides for an additional year of vesting of previously unvested amounts , subject to certain maximums .\ncompensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures .\na summary of changes in performance-based rsus outstanding is as follows : number of weighted average fair value ( in thousands ) ( in $ ) .\n\nTable Data:\n[['', 'number of units ( in thousands )', 'weighted average fair value ( in $ )'], ['nonvested at december 31 2008', '1188', '19.65'], ['granted', '420', '38.16'], ['vested', '-79 ( 79 )', '21.30'], ['forfeited', '-114 ( 114 )', '17.28'], ['nonvested at december 31 2009', '1415', '25.24']]\n\nFollowing Text:\nthe fair value of shares vested for performance-based rsus during the years ended december 31 , 2009 and 2008 was $ 2 million and $ 3 million , respectively .\nthere were no vestings that occurred during the year ended december 31 , 2007 .\nfair value for the company 2019s performance-based rsus was estimated at the grant date using a monte carlo simulation approach .\nmonte carlo simulation was utilized to randomly generate future stock returns for the company and each company in the defined peer group for each grant based on company-specific dividend yields , volatilities and stock return correlations .\nthese returns were used to calculate future performance-based rsu vesting percentages and the simulated values of the vested performance-based rsus were then discounted to present value using a risk-free rate , yielding the expected value of these performance-based rsus .\n%%transmsg*** transmitting job : d70731 pcn : 119000000 ***%%pcmsg|119 |00016|yes|no|02/10/2010 16:17|0|0|page is valid , no graphics -- color : n| .\n\nQuestion: what was the net change number of units in 2009 in thousands",
        "solution": "227"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2012/page_107.pdf\n\nID: CME/2012/page_107.pdf-2\n\nPrevious Text:\nthe weighted average grant date fair value of options granted during 2012 , 2011 , and 2010 was $ 13 , $ 19 and $ 20 per share , respectively .\nthe 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 .\nin 2012 , the company granted 931340 shares of restricted class a common stock and 4048 shares of restricted stock units .\nrestricted common stock and restricted stock units generally have a vesting period of 2 to 4 years .\nthe fair value related to these grants was $ 54.5 million , which is recognized as compensation expense on an accelerated basis over the vesting period .\nbeginning 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 .\nin 2012 , the company also granted 138410 performance shares .\nthe 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 .\nthe vesting of these shares is contingent on meeting stated performance or market conditions .\nthe 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 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1432610 $ 57 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\noutstanding at december 31 , 2012 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1913527 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 .\neligible 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 .\nshares 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 .\ncompensation expense is recognized on the dates of purchase for the discount from the closing price .\nin 2012 , 2011 and 2010 , a total of 27768 , 32085 and 21855 shares , respectively , of class a common stock were issued to participating employees .\nthese shares are subject to a six-month holding period .\nannual expense of $ 0.1 million , $ 0.2 million and $ 0.1 million for the purchase discount was recognized in 2012 , 2011 and 2010 , respectively .\nnon-executive directors receive an annual award of class a common stock with a value equal to $ 75000 .\nnon-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 .\nas a result , 40260 , 40585 and 37350 shares of class a common stock were issued to non-executive directors during 2012 , 2011 and 2010 , respectively .\nthese shares are not subject to any vesting restrictions .\nexpense 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 .\n19 .\nfair 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 .\nlevel 1 assets generally include u.s .\ntreasury securities , equity securities listed in active markets , and investments in publicly traded mutual funds with quoted market prices .\nif quoted prices are not available to determine fair value , the company uses other inputs that are directly observable .\nassets included in level 2 generally consist of asset- backed securities , municipal bonds , u.s .\ngovernment agency securities and interest rate swap contracts .\nasset-backed securities , municipal bonds and u.s .\ngovernment 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 .\nthe 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. .\n\nQuestion: what was the average number of shares of class a common stock were issued to non-executive between 2010 and 2012",
        "solution": "39398.33"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BDX/2016/page_62.pdf\n\nID: BDX/2016/page_62.pdf-1\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) becton , dickinson and company ( b ) these reclassifications were recorded to interest expense and cost of products sold .\nadditional details regarding the company's cash flow hedges are provided in note 13 .\non august 25 , 2016 , in anticipation of proceeds to be received from the divestiture of the respiratory solutions business in the first quarter of fiscal year 2017 , the company entered into an accelerated share repurchase ( \"asr\" ) agreement .\nsubsequent to the end of the company's fiscal year 2016 and as per the terms of the asr agreement , the company received approximately 1.3 million shares of its common stock , which was recorded as a $ 220 million increase to common stock in treasury .\nnote 4 2014 earnings per share the weighted average common shares used in the computations of basic and diluted earnings per share ( shares in thousands ) for the years ended september 30 were as follows: .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['average common shares outstanding', '212702', '202537', '193299'], ['dilutive share equivalents from share-based plans', '4834', '4972', '4410'], ['average common and common equivalent shares outstanding 2014 assuming dilution', '217536', '207509', '197709']]\n\nFollowing Text:\naverage common and common equivalent shares outstanding 2014 assuming dilution 217536 207509 197709 upon closing the acquisition of carefusion corporation ( 201ccarefusion 201d ) on march 17 , 2015 , the company issued approximately 15.9 million of its common shares as part of the purchase consideration .\nadditional disclosures regarding this acquisition are provided in note 9 .\noptions to purchase shares of common stock are excluded from the calculation of diluted earnings per share when their inclusion would have an anti-dilutive effect on the calculation .\nfor the years ended september 30 , 2016 , 2015 and 2014 there were no options to purchase shares of common stock which were excluded from the diluted earnings per share calculation. .\n\nQuestion: as of september 30 ,2014 what was the percent of the total average common and common equivalent shares outstanding 2014 assuming dilution that was dilute share equivalents from share-based plans",
        "solution": "2.23%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2015/page_198.pdf\n\nID: PNC/2015/page_198.pdf-1\n\nPrevious Text:\nin 2011 , we transferred approximately 1.3 million shares of blackrock series c preferred stock to blackrock in connection with our obligation .\nin 2013 , we transferred an additional .2 million shares to blackrock .\nat december 31 , 2015 , we held approximately 1.3 million shares of blackrock series c preferred stock which were available to fund our obligation in connection with the blackrock ltip programs .\nsee note 24 subsequent events for information on our february 1 , 2016 transfer of 0.5 million shares of the series c preferred stock to blackrock to satisfy a portion of our ltip obligation .\npnc accounts for its blackrock series c preferred stock at fair value , which offsets the impact of marking-to-market the obligation to deliver these shares to blackrock .\nthe fair value of the blackrock series c preferred stock is included on our consolidated balance sheet in the caption other assets .\nadditional information regarding the valuation of the blackrock series c preferred stock is included in note 7 fair value .\nnote 14 financial derivatives we use derivative financial instruments ( derivatives ) primarily to help manage exposure to interest rate , market and credit risk and reduce the effects that changes in interest rates may have on net income , the fair value of assets and liabilities , and cash flows .\nwe also enter into derivatives with customers to facilitate their risk management activities .\nderivatives represent contracts between parties that usually require little or no initial net investment and result in one party delivering cash or another type of asset to the other party based on a notional amount and an underlying as specified in the contract .\nderivative transactions are often measured in terms of notional amount , but this amount is generally not exchanged and it is not recorded on the balance sheet .\nthe notional amount is the basis to which the underlying is applied to determine required payments under the derivative contract .\nthe underlying is a referenced interest rate ( commonly libor ) , security price , credit spread or other index .\nresidential and commercial real estate loan commitments associated with loans to be sold also qualify as derivative instruments .\nthe following table presents the notional amounts and gross fair values of all derivative assets and liabilities held by pnc : table 111 : total gross derivatives .\n\nTable Data:\n[['in millions', 'december 31 2015 notional/contractamount', 'december 31 2015 assetfairvalue ( a )', 'december 31 2015 liabilityfairvalue ( b )', 'december 31 2015 notional/contractamount', 'december 31 2015 assetfairvalue ( a )', 'liabilityfairvalue ( b )'], ['derivatives designated as hedging instruments under gaap', '$ 52074', '$ 1159', '$ 174', '$ 49061', '$ 1261', '$ 186'], ['derivatives not designated as hedging instruments under gaap', '295902', '3782', '3628', '291256', '3973', '3841'], ['total gross derivatives', '$ 347976', '$ 4941', '$ 3802', '$ 340317', '$ 5234', '$ 4027']]\n\nFollowing Text:\n( a ) included in other assets on our consolidated balance sheet .\n( b ) included in other liabilities on our consolidated balance sheet .\nall derivatives are carried on our consolidated balance sheet at fair value .\nderivative balances are presented on the consolidated balance sheet on a net basis taking into consideration the effects of legally enforceable master netting agreements and , when appropriate , any related cash collateral exchanged with counterparties .\nfurther discussion regarding the offsetting rights associated with these legally enforceable master netting agreements is included in the offsetting , counterparty credit risk , and contingent features section below .\nany nonperformance risk , including credit risk , is included in the determination of the estimated net fair value of the derivatives .\nfurther discussion on how derivatives are accounted for is included in note 1 accounting policies .\nderivatives designated as hedging instruments under gaap certain derivatives used to manage interest rate and foreign exchange risk as part of our asset and liability risk management activities are designated as accounting hedges under gaap .\nderivatives hedging the risks associated with changes in the fair value of assets or liabilities are considered fair value hedges , derivatives hedging the variability of expected future cash flows are considered cash flow hedges , and derivatives hedging a net investment in a foreign subsidiary are considered net investment hedges .\ndesignating derivatives as accounting hedges allows for gains and losses on those derivatives , to the extent effective , to be recognized in the income statement in the same period the hedged items affect earnings .\n180 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: was the derivatives designated as hedging instruments under gaap greater than the derivatives not designated as hedging instruments under gaap for 2015?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2017/page_101.pdf\n\nID: LMT/2017/page_101.pdf-2\n\nPrevious Text:\nu.s .\nequity securities and international equity securities categorized as level 1 are traded on active national and international exchanges and are valued at their closing prices on the last trading day of the year .\nfor u.s .\nequity securities and international equity securities not traded on an active exchange , or if the closing price is not available , the trustee obtains indicative quotes from a pricing vendor , broker or investment manager .\nthese securities are categorized as level 2 if the custodian obtains corroborated quotes from a pricing vendor or categorized as level 3 if the custodian obtains uncorroborated quotes from a broker or investment manager .\ncommingled equity funds categorized as level 1 are traded on active national and international exchanges and are valued at their closing prices on the last trading day of the year .\nfor commingled equity funds not traded on an active exchange , or if the closing price is not available , the trustee obtains indicative quotes from a pricing vendor , broker or investment manager .\nthese securities are categorized as level 2 if the custodian obtains corroborated quotes from a pricing vendor .\nfixed income investments categorized as level 2 are valued by the trustee using pricing models that use verifiable observable market data ( e.g. , interest rates and yield curves observable at commonly quoted intervals and credit spreads ) , bids provided by brokers or dealers or quoted prices of securities with similar characteristics .\nfixed income investments are categorized at level 3 when valuations using observable inputs are unavailable .\nthe trustee obtains pricing based on indicative quotes or bid evaluations from vendors , brokers or the investment manager .\ncommodities are traded on an active commodity exchange and are valued at their closing prices on the last trading day of the certain commingled equity funds , consisting of equity mutual funds , are valued using the nav.aa thenavaa valuations are based on the underlying investments and typically redeemable within 90 days .\nprivate equity funds consist of partnership and co-investment funds .\nthe navaa is based on valuation models of the underlying securities , which includes unobservable inputs that cannot be corroborated using verifiable observable market data .\nthese funds typically have redemption periods between eight and 12 years .\nreal estate funds consist of partnerships , most of which are closed-end funds , for which the navaa is based on valuationmodels and periodic appraisals .\nthese funds typically have redemption periods between eight and 10 years .\nhedge funds consist of direct hedge funds forwhich thenavaa is generally based on the valuation of the underlying investments .\nredemptions in hedge funds are based on the specific terms of each fund , and generally range from a minimum of one month to several months .\ncontributions and expected benefit payments the funding of our qualified defined benefit pension plans is determined in accordance with erisa , as amended by the ppa , and in a manner consistent with cas and internal revenue code rules .\nthere were no material contributions to our qualified defined benefit pension plans during 2017 .\nwe will make contributions of $ 5.0 billion to our qualified defined benefit pension plans in 2018 , including required and discretionary contributions.as a result of these contributions , we do not expect any material qualified defined benefit cash funding will be required until 2021.we plan to fund these contributions using a mix of cash on hand and commercial paper .\nwhile we do not anticipate a need to do so , our capital structure and resources would allow us to issue new debt if circumstances change .\nthe following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2017 ( in millions ) : .\n\nTable Data:\n[['', '2018', '2019', '2020', '2021', '2022', '2023 2013 2027'], ['qualified defined benefit pension plans', '$ 2450', '$ 2480', '$ 2560', '$ 2630', '$ 2700', '$ 14200'], ['retiree medical and life insurance plans', '180', '180', '180', '180', '180', '820']]\n\nFollowing Text:\ndefined contribution plans wemaintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees .\nunder the provisions of our 401 ( k ) plans , wematchmost employees 2019 eligible contributions at rates specified in the plan documents .\nour contributions were $ 613 million in 2017 , $ 617 million in 2016 and $ 393 million in 2015 , the majority of which were funded using our common stock .\nour defined contribution plans held approximately 35.5 million and 36.9 million shares of our common stock as of december 31 , 2017 and 2016. .\n\nQuestion: what was the percentage change in the employee total matching contributions from 2015 to 2016",
        "solution": "57%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2007/page_133.pdf\n\nID: HOLX/2007/page_133.pdf-2\n\nPrevious Text:\nhologic , inc .\nnotes to consolidated financial statements ( continued ) ( in thousands , except per share data ) future debt principal payments under these debt arrangements are approximately as follows: .\n\nTable Data:\n[['fiscal 2008', '$ 1977'], ['fiscal 2009', '1977'], ['fiscal 2010', '1977'], ['fiscal 2011', '1422'], ['fiscal 2012', '3846'], ['thereafter', '2014'], ['total', '$ 11199']]\n\nFollowing Text:\n6 .\nderivative financial instruments and hedging agreements interest rate swaps in connection with the debt assumed from the aeg acquisition ( see notes 3 and 5 ) , the company acquired interest rate swap contracts used to convert the floating interest-rate component of certain debt obligations to fixed rates .\nthese agreements did not qualify for hedge accounting under statements of financial accounting standards no .\n133 , accounting for derivative instruments and hedging activities ( 201csfas 133 201d ) and thus were marked to market each reporting period with the change in fair value recorded to other income ( expense ) , net in the accompanying consolidated statements of income .\nthe company terminated all outstanding interest rate swaps in the fourth quarter of fiscal 2007 which resulted in a gain of $ 75 recorded in consolidated statement of income .\nforward contracts also in connection with the aeg acquisition , the company assumed certain foreign currency forward contracts to hedge , on a net basis , the foreign currency fluctuations associated with a portion of the aeg 2019s assets and liabilities that were denominated in the us dollar , including inter-company accounts .\nincreases or decreases in the company 2019s foreign currency exposures are partially offset by gains and losses on the forward contracts , so as to mitigate foreign currency transaction gains and losses .\nthe terms of these forward contracts are of a short- term nature ( 6 to 12 months ) .\nthe company does not use forward contracts for trading or speculative purposes .\nthe forward contracts are not designated as cash flow or fair value hedges under sfas no .\n133 and do not represent effective hedges .\nall outstanding forward contracts are marked to market at the end of the period and recorded on the balance sheet at fair value in other current assets and other current liabilities .\nthe changes in fair value from these contracts and from the underlying hedged exposures are generally offsetting were recorded in other income , net in the accompanying consolidated statements of income and these amounts were not material .\nas of september 29 , 2007 , all of the forward exchange contracts assumed in the aeg acquisition had matured and the company had no forward exchange contracts outstanding .\n7 .\npension and other employee benefits in conjunction with the may 2 , 2006 acquisition of aeg , the company assumed certain defined benefit pension plans covering the employees of the aeg german subsidiary ( pension benefits ) .\non september 29 , 2006 , the fasb issued sfas no .\n158 , employers 2019 accounting for defined benefit pension and other postretirement plans , an amendment of fasb statements no .\n87 , 88 , 106 and 132 ( r ) ( sfas 158 ) .\nsfas 158 requires an entity to recognize in its statement of financial position an asset for a defined benefit postretirement .\n\nQuestion: what is the sum of future debt payments for the next three years?",
        "solution": "5931"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2007/page_79.pdf\n\nID: UNP/2007/page_79.pdf-2\n\nPrevious Text:\nbe resolved , we cannot reasonably determine the probability of an adverse claim or reasonably estimate any adverse liability or the total maximum exposure under these indemnification arrangements .\nwe do not have any reason to believe that we will be required to make any material payments under these indemnity provisions .\nincome taxes 2013 as discussed in note 4 , the irs has completed its examinations and issued notices of deficiency for tax years 1995 through 2004 , and we are in different stages of the irs appeals process for these years .\nthe irs is examining our tax returns for tax years 2005 and 2006 .\nin the third quarter of 2007 , we believe that we reached an agreement in principle with the irs to resolve all of the issues , except interest , related to tax years 1995 through 1998 , including the previously reported dispute over certain donations of property .\nwe anticipate signing a closing agreement in 2008 .\nat december 31 , 2007 , we have recorded a current liability of $ 140 million for tax payments in 2008 related to federal and state income tax examinations .\nwe do not expect that the ultimate resolution of these examinations will have a material adverse effect on our consolidated financial statements .\n11 .\nother income other income included the following for the years ended december 31 : millions of dollars 2007 2006 2005 .\n\nTable Data:\n[['millions of dollars', '2007', '2006', '2005'], ['rental income', '$ 68', '$ 83', '$ 59'], ['net gain on non-operating asset dispositions', '52', '72', '135'], ['interest income', '50', '29', '17'], ['sale of receivables fees', '-35 ( 35 )', '-33 ( 33 )', '-23 ( 23 )'], ['non-operating environmental costs and other', '-19 ( 19 )', '-33 ( 33 )', '-43 ( 43 )'], ['total', '$ 116', '$ 118', '$ 145']]\n\nFollowing Text:\n12 .\nshare repurchase program on january 30 , 2007 , our board of directors authorized the repurchase of up to 20 million shares of union pacific corporation common stock through the end of 2009 .\nmanagement 2019s assessments of market conditions and other pertinent facts guide the timing and volume of all repurchases .\nwe expect to fund our common stock repurchases through cash generated from operations , the sale or lease of various operating and non- operating properties , debt issuances , and cash on hand at december 31 , 2007 .\nduring 2007 , we repurchased approximately 13 million shares under this program at an aggregate purchase price of approximately $ 1.5 billion .\nthese shares were recorded in treasury stock at cost , which includes any applicable commissions and fees. .\n\nQuestion: what percent of total other income was rental income in 2006?",
        "solution": "70%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2013/page_65.pdf\n\nID: IP/2013/page_65.pdf-1\n\nPrevious Text:\ninput costs for board and resin are expected to be flat and operating costs are expected to decrease .\neuropean consumer packaging net sales in 2013 were $ 380 million compared with $ 380 million in 2012 and $ 375 million in 2011 .\noperating profits in 2013 were $ 100 million compared with $ 99 million in 2012 and $ 93 million in 2011 .\nsales volumes in 2013 decreased from 2012 in both the european and russian markets .\naverage sales price realizations were significantly higher in the russian market , but were lower in europe .\ninput costs were flat year-over-year .\nplanned maintenance downtime costs were higher in 2013 than in 2012 .\nlooking forward to the first quarter of 2014 , sales volumes compared with the fourth quarter of 2013 are expected to be about flat .\naverage sales price realizations are expected to be higher in both russia and europe .\ninput costs are expected to increase for wood and energy , but decrease for purchased pulp .\nthere are no maintenance outages scheduled for the first quarter , however the kwidzyn mill will have additional costs associated with the rebuild of a coated board machine .\nasian consumer packaging net sales were $ 1.1 billion in 2013 compared with $ 830 million in 2012 and $ 855 million in 2011 .\noperating profits in 2013 were a loss of $ 2 million compared with gains of $ 4 million in 2012 and $ 35 million in 2011 .\nsales volumes increased in 2013 compared with 2012 , reflecting the ramp-up of a new coated paperboard machine installed in 2012 .\nhowever , average sales price realizations were significantly lower , reflecting competitive pressure on sales prices which squeezed margins and created an unfavorable product mix .\nlower input costs were offset by higher freight costs .\nin 2012 , start-up costs for the new coated paperboard machine adversely impacted operating profits .\nin the first quarter of 2014 , sales volumes are expected to increase slightly .\naverage sales price realizations are expected to be flat reflecting continuing competitive pressures .\ninput costs are expected be higher for pulp , energy and chemicals .\nthe business will drive margin improvement through operational excellence and better distribution xpedx , our distribution business , is one of north america 2019s leading business-to-business distributors to manufacturers , facility managers and printers , providing customized solutions that are designed to improve efficiency , reduce costs and deliver results .\ncustomer demand is generally sensitive to changes in economic conditions and consumer behavior , along with segment specific activity including corporate advertising and promotional spending , government spending and domestic manufacturing activity .\ndistribution 2019s margins are relatively stable across an economic cycle .\nproviding customers with the best choice for value in both products and supply chain services is a key competitive factor .\nadditionally , efficient customer service , cost-effective logistics and focused working capital management are key factors in this segment 2019s profitability .\ndistribution .\n\nTable Data:\n[['in millions', '2013', '2012', '2011'], ['sales', '$ 5650', '$ 6040', '$ 6630'], ['operating profit', '-389 ( 389 )', '22', '34']]\n\nFollowing Text:\ndistribution 2019s 2013 annual sales decreased 6% ( 6 % ) from 2012 , and decreased 15% ( 15 % ) from 2011 .\noperating profits in 2013 were a loss of $ 389 million ( a gain of $ 43 million excluding goodwill impairment charges and reorganization costs ) compared with $ 22 million ( $ 71 million excluding reorganization costs ) in 2012 and $ 34 million ( $ 86 million excluding reorganization costs ) in annual sales of printing papers and graphic arts supplies and equipment totaled $ 3.2 billion in 2013 compared with $ 3.5 billion in 2012 and $ 4.0 billion in 2011 reflecting declining demand and the discontinuation of a distribution agreement with a large manufacturer of graphic supplies .\ntrade margins as a percent of sales for printing papers were down from both 2012 and 2011 .\nrevenue from packaging products was flat at $ 1.6 billion in 2013 , 2012 and 2011 despite the significant decline of a large high-tech customer's business .\npackaging margins remained flat to the 2012 level , and up from 2011 .\nfacility supplies annual revenue was $ 845 million in 2013 , down from $ 944 million in 2012 and $ 981 million in 2011 .\noperating profits in 2013 included a goodwill impairment charge of $ 400 million and reorganization costs for severance , professional services and asset write-downs of $ 32 million .\noperating profits in 2012 and 2011 included reorganization costs of $ 49 million and $ 52 million , respectively .\nlooking ahead to the 2014 first quarter , operating profits will be seasonally lower , but will continue to reflect the benefits of strategic and other cost reduction initiatives. .\n\nQuestion: what was the percentage change in the asian consumer packaging net sales in 2013",
        "solution": "32.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ANSS/2014/page_49.pdf\n\nID: ANSS/2014/page_49.pdf-1\n\nPrevious Text:\nother expense , net : the company's other expense consists of the following: .\n\nTable Data:\n[['( 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 )']]\n\nFollowing Text:\nincome 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 % ) .\nduring 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 % ) .\nin 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 .\nan $ 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 .\nin 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 .\nin january 2013 , the u.s .\ncongress passed legislation that reinstated the research and development credit retroactive to 2012 .\nthe 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 .\nthe 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 .\nresearch and development credit mentioned above , and cash repatriation activities .\nwhen 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 .\nnet 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 .\ndiluted earnings per share was $ 2.58 for the year ended december 31 , 2013 and $ 2.14 for the year ended december 31 , 2012 .\nthe 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 .\ntable of contents .\n\nQuestion: what was the percentage change in the foreign currency losses net from 2012 to 2013",
        "solution": "-20.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ANSS/2012/page_92.pdf\n\nID: ANSS/2012/page_92.pdf-1\n\nPrevious Text:\nunder the terms of the ansys , inc .\nlong-term incentive plan , in the first quarter of 2012 , 2011 and 2010 , the company granted 100000 , 92500 and 80500 performance-based restricted stock units , respectively .\nvesting of the full award or a portion thereof is based on the company 2019s performance as measured by total shareholder return relative to the median percentage appreciation of the nasdaq composite index over a specified measurement period , subject to each participant 2019s continued employment with the company through the conclusion of the measurement period .\nthe measurement period for the restricted stock units granted pursuant to the long-term incentive plan is a three-year period beginning january 1 of the year of the grant .\neach restricted stock unit relates to one share of the company 2019s common stock .\nthe value of each restricted stock unit granted in 2012 , 2011 and 2010 was estimated on the grant date to be $ 33.16 , $ 32.05 and $ 25.00 , respectively .\nthe estimate of the grant-date value of the restricted stock units was made using a monte carlo simulation model .\nthe determination of the fair value of the awards was affected by the grant date and a number of variables , each of which has been identified in the chart below .\nshare-based compensation expense based on the fair value of the award is being recorded from the grant date through the conclusion of the three-year measurement period .\non december 31 , 2012 , employees earned 76500 restricted stock units , which will be issued in the first quarter of 2013 .\ntotal compensation expense associated with the awards recorded for the years ended december 31 , 2012 , 2011 and 2010 was $ 2.6 million , $ 1.6 million and $ 590000 , respectively .\ntotal compensation expense associated with the awards granted for the years ending december 31 , 2013 and 2014 is expected to be $ 2.2 million and $ 1.2 million , respectively. .\n\nTable Data:\n[['assumption used in monte carlo lattice pricing model', 'year ended december 31 , 2012', 'year ended december 31 , 2011 and 2010'], ['risk-free interest rate', '0.16% ( 0.16 % )', '1.35% ( 1.35 % )'], ['expected dividend yield', '0% ( 0 % )', '0% ( 0 % )'], ['expected volatility 2014ansys stock price', '28% ( 28 % )', '40% ( 40 % )'], ['expected volatility 2014nasdaq composite index', '20% ( 20 % )', '25% ( 25 % )'], ['expected term', '2.80', '2.90'], ['correlation factor', '0.75', '0.70']]\n\nFollowing Text:\nin accordance with the merger agreement , the company granted performance-based restricted stock units to key members of apache management and employees , with a maximum value of $ 13.0 million to be earned annually over a three-fiscal-year period beginning january 1 , 2012 .\nadditional details regarding these awards are provided within note 3 .\n14 .\nstock repurchase program in february 2012 , ansys announced that its board of directors approved an increase to its authorized stock repurchase program .\nunder the company 2019s stock repurchase program , ansys repurchased 1.5 million shares during the year ended december 31 , 2012 at an average price per share of $ 63.65 , for a total cost of $ 95.5 million .\nduring the year ended december 31 , 2011 , the company repurchased 247443 shares at an average price per share of $ 51.34 , for a total cost of $ 12.7 million .\nas of december 31 , 2012 , 1.5 million shares remained authorized for repurchase under the program .\n15 .\nemployee stock purchase plan the company 2019s 1996 employee stock purchase plan ( the 201cpurchase plan 201d ) was adopted by the board of directors on april 19 , 1996 and was subsequently approved by the company 2019s stockholders .\nthe stockholders approved an amendment to the purchase plan on may 6 , 2004 to increase the number of shares available for offerings to 1.6 million shares .\nthe purchase plan was amended and restated in 2007 .\nthe purchase plan is administered by the compensation committee .\nofferings under the purchase plan commence on each february 1 and august 1 , and have a duration of six months .\nan employee who owns or is deemed to own shares of stock representing in excess of 5% ( 5 % ) of the combined voting power of all classes of stock of the company may not participate in the purchase plan .\nduring each offering , an eligible employee may purchase shares under the purchase plan by authorizing payroll deductions of up to 10% ( 10 % ) of his or her cash compensation during the offering period .\nthe maximum number of shares that may be purchased by any participating employee during any offering period is limited to 3840 shares ( as adjusted by the compensation committee from time to time ) .\nunless the employee has previously withdrawn from the offering , his accumulated payroll deductions will be used to purchase common stock on the last business day of the period at a price equal to 90% ( 90 % ) of the fair market value of the common stock on the first or last day of the offering period , whichever is lower .\nunder applicable tax rules , an employee may purchase no more than $ 25000 worth of common stock in any calendar year .\nat december 31 , 2012 , 1233385 shares of common stock had been issued under the purchase plan , of which 1184082 were issued as of december 31 , 2011 .\nthe total compensation expense recorded under the purchase plan during the years ended december 31 , 2012 , 2011 and 2010 was $ 710000 , $ 650000 and $ 500000 , respectively .\ntable of contents .\n\nQuestion: what was the average shares granted as part of the long-term incentive plan , in the first quarter of 2012 , 2011 and 2010\\\\n",
        "solution": "91000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLB/2006/page_45.pdf\n\nID: SLB/2006/page_45.pdf-4\n\nPrevious Text:\npart ii , item 7 in 2006 , cash provided by financing activities was $ 291 million which was primarily due to the proceeds from employee stock plans ( $ 442 million ) and an increase in debt of $ 1.5 billion partially offset by the repurchase of 17.99 million shares of schlumberger stock ( $ 1.07 billion ) and the payment of dividends to shareholders ( $ 568 million ) .\nschlumberger believes that at december 31 , 2006 , cash and short-term investments of $ 3.0 billion and available and unused credit facilities of $ 2.2 billion are sufficient to meet future business requirements for at least the next twelve months .\nsummary of major contractual commitments ( stated in millions ) .\n\nTable Data:\n[['contractual commitments', 'total', 'payment period 2007', 'payment period 2008 - 2009', 'payment period 2010 - 2011', 'payment period after 2011'], ['debt1', '$ 5986', '$ 1322', '$ 2055', '$ 1961', '$ 648'], ['operating leases', '$ 691', '$ 191', '$ 205', '$ 106', '$ 189'], ['purchase obligations2', '$ 1526', '$ 1490', '$ 36', '$ 2013', '$ 2013']]\n\nFollowing Text:\npurchase obligations 2 $ 1526 $ 1490 $ 36 $ 2013 $ 2013 1 .\nexcludes future payments for interest .\nincludes amounts relating to the $ 1425 million of convertible debentures which are described in note 11 of the consolidated financial statements .\n2 .\nrepresents an estimate of contractual obligations in the ordinary course of business .\nalthough these contractual obligations are considered enforceable and legally binding , the terms generally allow schlumberger the option to reschedule and adjust their requirements based on business needs prior to the delivery of goods .\nrefer to note 4 of the consolidated financial statements for details regarding potential commitments associated with schlumberger 2019s prior business acquisitions .\nrefer to note 20 of the consolidated financial statements for details regarding schlumberger 2019s pension and other postretirement benefit obligations .\nschlumberger has outstanding letters of credit/guarantees which relate to business performance bonds , custom/excise tax commitments , facility lease/rental obligations , etc .\nthese were entered into in the ordinary course of business and are customary practices in the various countries where schlumberger operates .\ncritical accounting policies and estimates the preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the united states requires schlumberger to make estimates and assumptions that affect the reported amounts of assets and liabilities , the disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses .\nthe following accounting policies involve 201ccritical accounting estimates 201d because they are particularly dependent on estimates and assumptions made by schlumberger about matters that are inherently uncertain .\na summary of all of schlumberger 2019s significant accounting policies is included in note 2 to the consolidated financial statements .\nschlumberger bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances , the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources .\nactual results may differ from these estimates under different assumptions or conditions .\nmulticlient seismic data the westerngeco segment capitalizes the costs associated with obtaining multiclient seismic data .\nthe carrying value of the multiclient seismic data library at december 31 , 2006 , 2005 and 2004 was $ 227 million , $ 222 million and $ 347 million , respectively .\nsuch costs are charged to cost of goods sold and services based on the percentage of the total costs to the estimated total revenue that schlumberger expects to receive from the sales of such data .\nhowever , except as described below under 201cwesterngeco purchase accounting , 201d under no circumstance will an individual survey carry a net book value greater than a 4-year straight-lined amortized value. .\n\nQuestion: what percentage of debt repayment will take place during 2008-2009?",
        "solution": "34.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2008/page_83.pdf\n\nID: UNP/2008/page_83.pdf-3\n\nPrevious Text:\n14 .\nleases we lease certain locomotives , freight cars , and other property .\nthe 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 .\na charge to income resulting from the amortization for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe majority of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 747 million in 2008 , $ 810 million in 2007 , and $ 798 million in 2006 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n15 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe 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 .\nwe 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 .\npersonal 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 .\nwe use third-party actuaries to assist us in measuring the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe 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 .\ntreasury rates .\napproximately 88% ( 88 % ) of the recorded liability related to asserted claims , and approximately 12% ( 12 % ) related to unasserted claims at december 31 , 2008 .\nbecause 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 .\n\nQuestion: what percentage of total minimum lease payments are capital leases?",
        "solution": "24%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2009/page_38.pdf\n\nID: IP/2009/page_38.pdf-2\n\nPrevious Text:\nhigher in the first half of the year , but declined dur- ing the second half of the year reflecting the pass- through to customers of lower resin input costs .\nhowever , average margins benefitted from a more favorable mix of products sold .\nraw material costs were lower , primarily for resins .\nfreight costs were also favorable , while operating costs increased .\nshorewood sales volumes in 2009 declined from 2008 levels reflecting weaker demand in the home entertainment segment and a decrease in tobacco segment orders as customers have shifted pro- duction outside of the united states , partially offset by higher shipments in the consumer products segment .\naverage sales margins improved reflecting a more favorable mix of products sold .\nraw material costs were higher , but were partially offset by lower freight costs .\noperating costs were favorable , reflect- ing benefits from business reorganization and cost reduction actions taken in 2008 and 2009 .\ncharges to restructure operations totaled $ 7 million in 2009 and $ 30 million in 2008 .\nentering 2010 , coated paperboard sales volumes are expected to increase , while average sales price real- izations should be comparable to 2009 fourth-quarter levels .\nraw material costs are expected to be sig- nificantly higher for wood , energy and chemicals , but planned maintenance downtime costs will decrease .\nfoodservice sales volumes are expected to remain about flat , but average sales price realizations should improve slightly .\ninput costs for resins should be higher , but will be partially offset by lower costs for bleached board .\nshorewood sales volumes are expected to decline reflecting seasonal decreases in home entertainment segment shipments .\noperating costs are expected to be favorable reflecting the benefits of business reorganization efforts .\neuropean consumer packaging net sales in 2009 were $ 315 million compared with $ 300 million in 2008 and $ 280 million in 2007 .\noperating earnings in 2009 of $ 66 million increased from $ 22 million in 2008 and $ 30 million in 2007 .\nsales volumes in 2009 were higher than in 2008 reflecting increased ship- ments to export markets .\naverage sales margins declined due to increased shipments to lower- margin export markets and lower average sales prices in western europe .\nentering 2010 , sales volumes for the first quarter are expected to remain strong .\naverage margins should improve reflecting increased sales price realizations and a more favorable geographic mix of products sold .\ninput costs are expected to be higher due to increased wood prices in poland and annual energy tariff increases in russia .\nasian consumer packaging net sales were $ 545 million in 2009 compared with $ 390 million in 2008 and $ 330 million in 2007 .\noperating earnings in 2009 were $ 24 million compared with a loss of $ 13 million in 2008 and earnings of $ 12 million in 2007 .\nthe improved operating earnings in 2009 reflect increased sales volumes , higher average sales mar- gins and lower input costs , primarily for chemicals .\nthe loss in 2008 was primarily due to a $ 12 million charge to revalue pulp inventories at our shandong international paper and sun coated paperboard co. , ltd .\njoint venture and start-up costs associated with the joint venture 2019s new folding box board paper machine .\ndistribution xpedx , our distribution business , markets a diverse array of products and supply chain services to cus- tomers in many business segments .\ncustomer demand is generally sensitive to changes in general economic conditions , although the commercial printing segment is also dependent on consumer advertising and promotional spending .\ndistribution 2019s margins are relatively stable across an economic cycle .\nproviding customers with the best choice and value in both products and supply chain services is a key competitive factor .\nadditionally , efficient customer service , cost-effective logistics and focused working capital management are key factors in this segment 2019s profitability .\ndistribution in millions 2009 2008 2007 .\n\nTable Data:\n[['in millions', '2009', '2008', '2007'], ['sales', '$ 6525', '$ 7970', '$ 7320'], ['operating profit', '50', '103', '108']]\n\nFollowing Text:\ndistribution 2019s 2009 annual sales decreased 18% ( 18 % ) from 2008 and 11% ( 11 % ) from 2007 while operating profits in 2009 decreased 51% ( 51 % ) compared with 2008 and 54% ( 54 % ) compared with 2007 .\nannual sales of printing papers and graphic arts supplies and equipment totaled $ 4.1 billion in 2009 compared with $ 5.2 billion in 2008 and $ 4.7 billion in 2007 , reflecting weak economic conditions in 2009 .\ntrade margins as a percent of sales for printing papers increased from 2008 but decreased from 2007 due to a higher mix of lower margin direct ship- ments from manufacturers .\nrevenue from packaging products was $ 1.3 billion in 2009 compared with $ 1.7 billion in 2008 and $ 1.5 billion in 2007 .\ntrade margins as a percent of sales for packaging products were higher than in the past two years reflecting an improved product and service mix .\nfacility supplies annual revenue was $ 1.1 billion in 2009 , essentially .\n\nQuestion: what was the percentage increase in annual sales of printing papers and graphic arts supplies and equipment from 2007 to 2008?",
        "solution": "11%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2004/page_94.pdf\n\nID: EW/2004/page_94.pdf-2\n\nPrevious Text:\nedwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) as of december 31 , 2004 , the company has approximately $ 64.6 million of non-united states tax net operating losses and $ 1.0 million of non-united states , non-expiring tax credits that are available for carryforward .\nnet operating loss carryforwards , and the related carryforward periods , at december 31 , 2004 are summarized as follows ( in millions ) : gross net tax benefit carryforward operating loss amount period ends non-united states net operating loss****************** $ 35.3 $ 9.2 2005 20132014 non-united states net operating loss****************** 29.3 13.9 indefinite total ******************************************** $ 64.6 $ 23.1 a valuation allowance of $ 6.8 million has been provided for certain of the above carryforwards .\nthis valuation allowance reduces the deferred tax asset of $ 23.1 million to an amount that is more likely than not to be realized .\nthe company 2019s income tax returns in several locations are being examined by the local taxation authorities .\nmanagement believes that adequate amounts of tax and related interest , if any , have been provided for any adjustments that may result from these examinations .\n17 .\nlegal proceedings on june 29 , 2000 , edwards lifesciences filed a lawsuit against st .\njude medical , inc .\nalleging infringement of several edwards lifesciences united states patents .\nthis lawsuit was filed in the united states district court for the central district of california , seeking monetary damages and injunctive relief .\npursuant to the terms of a january 7 , 2005 settlement agreement , edwards lifesciences was paid $ 5.5 million by st .\njude , edwards lifesciences granted st .\njude a paid-up license for certain of its heart valve therapy products and the lawsuit was dismissed .\nthe settlement will not have a material financial impact on the company .\non august 18 , 2003 , edwards lifesciences filed a lawsuit against medtronic , inc. , medtronic ave , cook , inc .\nand w.l .\ngore & associates alleging infringement of a patent exclusively licensed to the company .\nthe lawsuit was filed in the united states district court for the northern district of california , seeking monetary damages and injunctive relief .\non september 2 , 2003 , a second patent exclusively licensed to the company was added to the lawsuit .\neach of the defendants has answered and asserted various affirmative defenses and counterclaims .\ndiscovery is proceeding .\nin addition , edwards lifesciences is or may be a party to , or may be otherwise responsible for , pending or threatened lawsuits related primarily to products and services currently or formerly manufactured or performed , as applicable , by edwards lifesciences .\nsuch cases and claims raise difficult and complex factual and legal issues and are subject to many uncertainties and complexities , including , but not limited to , the facts and circumstances of each particular case or claim , the jurisdiction in which each suit is brought , and differences in applicable law .\nupon resolution of any pending legal matters , edwards lifesciences may incur charges in excess of presently established reserves .\nwhile any such charge could have a material adverse impact on edwards lifesciences 2019 net income or cash flows in the period in which it is recorded or paid , management does not believe that any such charge would have a material adverse effect on edwards lifesciences 2019 financial position , results of operations or liquidity .\nedwards lifesciences is also subject to various environmental laws and regulations both within and outside of the united states .\nthe operations of edwards lifesciences , like those of other medical device companies , involve the use of substances regulated under environmental laws , primarily in manufacturing and sterilization processes .\nwhile it is difficult to quantify the potential impact of compliance with environmental protection laws .\n\nTable Data:\n[['', 'gross net operating loss', 'tax benefit amount', 'carryforward period ends'], ['non-united states net operating loss', '$ 35.3', '$ 9.2', '2005 20132014'], ['non-united states net operating loss', '29.3', '13.9', 'indefinite'], ['total', '$ 64.6', '$ 23.1', '']]\n\nFollowing Text:\nedwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) as of december 31 , 2004 , the company has approximately $ 64.6 million of non-united states tax net operating losses and $ 1.0 million of non-united states , non-expiring tax credits that are available for carryforward .\nnet operating loss carryforwards , and the related carryforward periods , at december 31 , 2004 are summarized as follows ( in millions ) : gross net tax benefit carryforward operating loss amount period ends non-united states net operating loss****************** $ 35.3 $ 9.2 2005 20132014 non-united states net operating loss****************** 29.3 13.9 indefinite total ******************************************** $ 64.6 $ 23.1 a valuation allowance of $ 6.8 million has been provided for certain of the above carryforwards .\nthis valuation allowance reduces the deferred tax asset of $ 23.1 million to an amount that is more likely than not to be realized .\nthe company 2019s income tax returns in several locations are being examined by the local taxation authorities .\nmanagement believes that adequate amounts of tax and related interest , if any , have been provided for any adjustments that may result from these examinations .\n17 .\nlegal proceedings on june 29 , 2000 , edwards lifesciences filed a lawsuit against st .\njude medical , inc .\nalleging infringement of several edwards lifesciences united states patents .\nthis lawsuit was filed in the united states district court for the central district of california , seeking monetary damages and injunctive relief .\npursuant to the terms of a january 7 , 2005 settlement agreement , edwards lifesciences was paid $ 5.5 million by st .\njude , edwards lifesciences granted st .\njude a paid-up license for certain of its heart valve therapy products and the lawsuit was dismissed .\nthe settlement will not have a material financial impact on the company .\non august 18 , 2003 , edwards lifesciences filed a lawsuit against medtronic , inc. , medtronic ave , cook , inc .\nand w.l .\ngore & associates alleging infringement of a patent exclusively licensed to the company .\nthe lawsuit was filed in the united states district court for the northern district of california , seeking monetary damages and injunctive relief .\non september 2 , 2003 , a second patent exclusively licensed to the company was added to the lawsuit .\neach of the defendants has answered and asserted various affirmative defenses and counterclaims .\ndiscovery is proceeding .\nin addition , edwards lifesciences is or may be a party to , or may be otherwise responsible for , pending or threatened lawsuits related primarily to products and services currently or formerly manufactured or performed , as applicable , by edwards lifesciences .\nsuch cases and claims raise difficult and complex factual and legal issues and are subject to many uncertainties and complexities , including , but not limited to , the facts and circumstances of each particular case or claim , the jurisdiction in which each suit is brought , and differences in applicable law .\nupon resolution of any pending legal matters , edwards lifesciences may incur charges in excess of presently established reserves .\nwhile any such charge could have a material adverse impact on edwards lifesciences 2019 net income or cash flows in the period in which it is recorded or paid , management does not believe that any such charge would have a material adverse effect on edwards lifesciences 2019 financial position , results of operations or liquidity .\nedwards lifesciences is also subject to various environmental laws and regulations both within and outside of the united states .\nthe operations of edwards lifesciences , like those of other medical device companies , involve the use of substances regulated under environmental laws , primarily in manufacturing and sterilization processes .\nwhile it is difficult to quantify the potential impact of compliance with environmental protection laws .\n\nQuestion: what is the percentage of the tax benefit compared to the gross net operating loss for the non-united states net operating loss of indefinite period?",
        "solution": "47%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISH/2014/page_137.pdf\n\nID: DISH/2014/page_137.pdf-2\n\nPrevious Text:\ndish network corporation notes to consolidated financial statements - continued recorded as a decrease in 201cincome tax ( provision ) benefit , net 201d on our consolidated statements of operations and comprehensive income ( loss ) for the year ended december 31 , 2013 .\n10 .\ndiscontinued operations as of december 31 , 2013 , blockbuster had ceased material operations .\nthe results of blockbuster are presented for all periods as discontinued operations in our consolidated financial statements .\nduring the years ended december 31 , 2013 and 2012 , the revenue from our discontinued operations was $ 503 million and $ 1.085 billion , respectively .\n201cincome ( loss ) from discontinued operations , before income taxes 201d for the same periods was a loss of $ 54 million and $ 62 million , respectively .\nin addition , 201cincome ( loss ) from discontinued operations , net of tax 201d for the same periods was a loss of $ 47 million and $ 37 million , respectively .\nas of december 31 , 2013 , the net assets from our discontinued operations consisted of the following : december 31 , 2013 ( in thousands ) .\n\nTable Data:\n[['', 'as of december 31 2013 ( in thousands )'], ['current assets from discontinued operations', '$ 68239'], ['noncurrent assets from discontinued operations', '9965'], ['current liabilities from discontinued operations', '-49471 ( 49471 )'], ['long-term liabilities from discontinued operations', '-19804 ( 19804 )'], ['net assets from discontinued operations', '$ 8929']]\n\nFollowing Text:\nblockbuster - domestic since the blockbuster acquisition , we continually evaluated the impact of certain factors , including , among other things , competitive pressures , the ability of significantly fewer company-owned domestic retail stores to continue to support corporate administrative costs , and other issues impacting the store-level financial performance of our company-owned domestic retail stores .\nthese factors , among others , previously led us to close a significant number of company-owned domestic retail stores during 2012 and 2013 .\non november 6 , 2013 , we announced that blockbuster would close all of its remaining company-owned domestic retail stores and discontinue the blockbuster by-mail dvd service .\nas of december 31 , 2013 , blockbuster had ceased material operations .\nblockbuster 2013 mexico during the third quarter 2013 , we determined that our blockbuster operations in mexico ( 201cblockbuster mexico 201d ) were 201cheld for sale . 201d as a result , we recorded pre-tax impairment charges of $ 19 million related to exiting the business , which was recorded in 201cincome ( loss ) from discontinued operations , net of tax 201d on our consolidated statements of operations and comprehensive income ( loss ) for the year ended december 31 , 2013 .\non january 14 , 2014 , we completed the sale of blockbuster mexico .\nblockbuster uk administration on january 16 , 2013 , blockbuster entertainment limited and blockbuster gb limited , our blockbuster operating subsidiaries in the united kingdom , entered into administration proceedings in the united kingdom ( the 201cadministration 201d ) .\nas a result of the administration , we wrote down the assets of all our blockbuster uk subsidiaries to their estimated net realizable value on our consolidated balance sheets as of december 31 , 2012 .\nin total , we recorded charges of approximately $ 46 million on a pre-tax basis related to the administration , which was recorded in 201cincome ( loss ) from discontinued operations , net of tax 201d on our consolidated statements of operations and comprehensive income ( loss ) for the year ended december 31 , 2012. .\n\nQuestion: what is the tax expense related to discontinued operations in 2012?",
        "solution": "25.0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2004/page_46.pdf\n\nID: AMT/2004/page_46.pdf-2\n\nPrevious Text:\nproceeds from the sale of equity securities .\nfrom time to time , we raise funds through public offerings of our equity securities .\nin addition , we receive proceeds from sales of our equity securities pursuant to our stock option and stock purchase plans .\nfor the year ended december 31 , 2004 , we received approximately $ 40.6 million in proceeds from sales of shares of our class a common stock and the common stock of atc mexico pursuant to our stock option and stock purchase plans .\nfinancing activities during the year ended december 31 , 2004 , we took several actions to increase our financial flexibility and reduce our interest costs .\nnew credit facility .\nin may 2004 , we refinanced our previous credit facility with a new $ 1.1 billion senior secured credit facility .\nat closing , we received $ 685.5 million of net proceeds from the borrowings under the new facility , after deducting related expenses and fees , approximately $ 670.0 million of which we used to repay principal and interest under the previous credit facility .\nwe used the remaining net proceeds of $ 15.5 million for general corporate purposes , including the repurchase of other outstanding debt securities .\nthe new credit facility consists of the following : 2022 $ 400.0 million in undrawn revolving loan commitments , against which approximately $ 19.3 million of undrawn letters of credit were outstanding at december 31 , 2004 , maturing on february 28 , 2011 ; 2022 a $ 300.0 million term loan a , which is fully drawn , maturing on february 28 , 2011 ; and 2022 a $ 398.0 million term loan b , which is fully drawn , maturing on august 31 , 2011 .\nthe new credit facility extends the previous credit facility maturity dates from 2007 to 2011 for a majority of the borrowings outstanding , subject to earlier maturity upon the occurrence of certain events described below , and allows us to use credit facility borrowings and internally generated funds to repurchase other indebtedness without additional lender approval .\nthe new credit facility is guaranteed by us and is secured by a pledge of substantially all of our assets .\nthe maturity date for term loan a and any outstanding revolving loans will be accelerated to august 15 , 2008 , and the maturity date for term loan b will be accelerated to october 31 , 2008 , if ( 1 ) on or prior to august 1 , 2008 , our 93 20448% ( 20448 % ) senior notes have not been ( a ) refinanced with parent company indebtedness having a maturity date of february 28 , 2012 or later or with loans under the new credit facility , or ( b ) repaid , prepaid , redeemed , repurchased or otherwise retired , and ( 2 ) our consolidated leverage ratio ( total parent company debt to annualized operating cash flow ) at june 30 , 2008 is greater than 4.50 to 1.00 .\nif this were to occur , the payments due in 2008 for term loan a and term loan b would be $ 225.0 million and $ 386.0 million , respectively .\nnote offerings .\nduring 2004 , we raised approximately $ 1.1 billion in net proceeds from the sale of debt securities through institutional private placements as follows ( in millions ) : debt security date of offering principal amount approximate net proceeds .\n\nTable Data:\n[['debt security', 'date of offering', 'principal amount', 'approximate net proceeds'], ['7.50% ( 7.50 % ) senior notes due 2012', 'february 2004', '$ 225.0', '$ 221.7'], ['3.00% ( 3.00 % ) convertible notes due august 15 2012', 'august 2004', '345.0', '335.9'], ['7.125% ( 7.125 % ) senior notes due 2012', 'october 2004', '300.0', '292.8'], ['7.125% ( 7.125 % ) senior notes due 2012', 'december 2004', '200.0', '199.8'], ['total', '', '$ 1070.0', '$ 1050.2']]\n\nFollowing Text:\n2022 7.50% ( 7.50 % ) senior notes offering .\nin february 2004 , we sold $ 225.0 million principal amount of our 7.50% ( 7.50 % ) senior notes due 2012 through an institutional private placement .\nthe 7.50% ( 7.50 % ) senior notes mature on may 1 , 2012 , and interest is payable semiannually in arrears on may 1 and november 1 of each year. .\n\nQuestion: what is the annual interest expense related to the 3.00% ( 3.00 % ) convertible notes , in millions?",
        "solution": "10.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2015/page_82.pdf\n\nID: GPN/2015/page_82.pdf-3\n\nPrevious Text:\nduring fiscal 2013 , we entered into an asr with a financial institution to repurchase an aggregate of $ 125 million of our common stock .\nin exchange for an up-front payment of $ 125 million , the financial institution committed to deliver a number of shares during the asr 2019s purchase period , which ended on march 30 , 2013 .\nthe total number of shares delivered under this asr was 2.5 million at an average price of $ 49.13 per share .\nduring fiscal 2013 , in addition to shares repurchased under the asr , we repurchased and retired 1.1 million shares of our common stock at a cost of $ 50.3 million , or an average of $ 44.55 per share , including commissions .\nnote 10 2014share-based awards and options non-qualified stock options and restricted stock have been granted to officers , key employees and directors under the global payments inc .\n2000 long-term incentive plan , as amended and restated ( the 201c2000 plan 201d ) , the global payments inc .\namended and restated 2005 incentive plan ( the 201c2005 plan 201d ) , the amended and restated 2000 non-employee director stock option plan ( the 201cdirector stock option plan 201d ) , and the global payments inc .\n2011 incentive plan ( the 201c2011 plan 201d ) ( collectively , the 201cplans 201d ) .\nthere were no further grants made under the 2000 plan after the 2005 plan was effective , and the director stock option plan expired by its terms on february 1 , 2011 .\nthere will be no future grants under the 2000 plan , the 2005 plan or the director stock option the 2011 plan permits grants of equity to employees , officers , directors and consultants .\na total of 7.0 million shares of our common stock was reserved and made available for issuance pursuant to awards granted under the 2011 plan .\nthe following table summarizes share-based compensation expense and the related income tax benefit recognized for stock options , restricted stock , performance units , tsr units , and shares issued under our employee stock purchase plan ( each as described below ) .\n2015 2014 2013 ( in millions ) .\n\nTable Data:\n[['', '2015', '2014 ( in millions )', '2013'], ['share-based compensation expense', '$ 21.1', '$ 29.8', '$ 18.4'], ['income tax benefit', '$ -6.9 ( 6.9 )', '$ -7.1 ( 7.1 )', '$ -5.6 ( 5.6 )']]\n\nFollowing Text:\nwe grant various share-based awards pursuant to the plans under what we refer to as our 201clong-term incentive plan . 201d the awards are held in escrow and released upon the grantee 2019s satisfaction of conditions of the award certificate .\nrestricted stock and restricted stock units we grant restricted stock and restricted stock units .\nrestricted stock awards vest over a period of time , provided , however , that if the grantee is not employed by us on the vesting date , the shares are forfeited .\nrestricted shares cannot be sold or transferred until they have vested .\nrestricted stock granted before fiscal 2015 vests in equal installments on each of the first four anniversaries of the grant date .\nrestricted stock granted during fiscal 2015 will either vest in equal installments on each of the first three anniversaries of the grant date or cliff vest at the end of a three-year service period .\nthe grant date fair value of restricted stock , which is based on the quoted market value of our common stock at the closing of the award date , is recognized as share-based compensation expense on a straight-line basis over the vesting period .\nperformance units certain of our executives have been granted up to three types of performance units under our long-term incentive plan .\nperformance units are performance-based restricted stock units that , after a performance period , convert into common shares , which may be restricted .\nthe number of shares is dependent upon the achievement of certain performance measures during the performance period .\nthe target number of performance units and any market-based performance measures ( 201cat threshold , 201d 201ctarget , 201d and 201cmaximum 201d ) are set by the compensation committee of our board of directors .\nperformance units are converted only after the compensation committee certifies performance based on pre-established goals .\n80 2013 global payments inc .\n| 2015 form 10-k annual report .\n\nQuestion: what is the growth rate in the share-based compensation expense from 2014 to 2015?",
        "solution": "-29.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_70.pdf\n\nID: ADBE/2014/page_70.pdf-3\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .\nwe completed our annual impairment test in the second quarter of fiscal 2014 .\nwe elected to use the step 1 quantitative assessment for our reporting units and determined that there was no impairment of goodwill .\nthere is no significant risk of material goodwill impairment in any of our reporting units , based upon the results of our annual goodwill impairment test .\nwe amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .\nwe continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .\nwhen such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .\nif the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .\nwe did not recognize any intangible asset impairment charges in fiscal 2014 , 2013 or 2012 .\nour intangible assets are amortized over their estimated useful lives of 1 to 14 years .\namortization is based on the pattern in which the economic benefits of the intangible asset will be consumed or on a straight-line basis when the consumption pattern is not apparent .\nthe weighted average useful lives of our intangible assets were as follows : weighted average useful life ( years ) .\n\nTable Data:\n[['', 'weighted averageuseful life ( years )'], ['purchased technology', '6'], ['customer contracts and relationships', '10'], ['trademarks', '8'], ['acquired rights to use technology', '8'], ['localization', '1'], ['other intangibles', '3']]\n\nFollowing Text:\nsoftware development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .\namortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .\nto date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .\ninternal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .\nsuch capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .\ncapitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .\nincome taxes we use the asset and liability method of accounting for income taxes .\nunder this method , income tax expense is recognized for the amount of taxes payable or refundable for the current year .\nin addition , deferred tax assets and liabilities are recognized for expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities , and for operating losses and tax credit carryforwards .\nwe record a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not .\ntaxes collected from customers we net taxes collected from customers against those remitted to government authorities in our financial statements .\naccordingly , taxes collected from customers are not reported as revenue. .\n\nQuestion: is the weighted average useful life ( years ) greater for purchased technology than customer contracts and relationships?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_53.pdf\n\nID: LMT/2015/page_53.pdf-3\n\nPrevious Text:\nbacklog backlog increased in 2015 compared to 2014 primarily due to higher orders on f-35 and c-130 programs .\nbacklog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs .\ntrends we expect aeronautics 2019 2016 net sales to increase in the mid-single digit percentage range as compared to 2015 due to increased volume on the f-35 and c-130 programs , partially offset by decreased volume on the f-16 program .\noperating profit is also expected to increase in the low single-digit percentage range , driven by increased volume on the f-35 program offset by contract mix that results in a slight decrease in operating margins between years .\ninformation systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers .\nis&gs 2019 technical services business provides a comprehensive portfolio of technical and sustainment services .\nis&gs has a portfolio of many smaller contracts as compared to our other business segments .\nis&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price .\nis&gs 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['net sales', '$ 5596', '$ 5654', '$ 6115'], ['operating profit', '508', '472', '498'], ['operating margins', '9.1% ( 9.1 % )', '8.3% ( 8.3 % )', '8.1% ( 8.1 % )'], ['backlog at year-end', '$ 4800', '$ 6000', '$ 6300']]\n\nFollowing Text:\n2015 compared to 2014 is&gs 2019 net sales decreased $ 58 million , or 1% ( 1 % ) , in 2015 as compared to 2014 .\nthe decrease was attributable to lower net sales of approximately $ 395 million as a result of key program completions , lower customer funding levels and increased competition , coupled with the fragmentation of existing large contracts into multiple smaller contracts that are awarded primarily on the basis of price when re-competed ( including cms-citic ) .\nthese decreases were partially offset by higher net sales of approximately $ 230 million for businesses acquired in 2014 ; and approximately $ 110 million due to the start-up of new programs and growth in recently awarded programs .\nis&gs 2019 operating profit increased $ 36 million , or 8% ( 8 % ) , in 2015 as compared to 2014 .\nthe increase was attributable to improved program performance and risk retirements , offset by decreased operating profit resulting from the activities mentioned above for net sales .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 70 million higher in 2015 compared to 2014 .\n2014 compared to 2013 is&gs 2019 net sales decreased $ 461 million , or 8% ( 8 % ) , in 2014 as compared to 2013 .\nthe decrease was primarily attributable to lower net sales of about $ 475 million due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo ) ; and approximately $ 320 million due to decreased volume in technical services programs reflecting market pressures .\nthe decreases were offset by higher net sales of about $ 330 million due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies .\nis&gs 2019 operating profit decreased $ 26 million , or 5% ( 5 % ) , in 2014 as compared to 2013 .\nthe decrease was primarily attributable to the activities mentioned above for sales , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million in 2014 .\nadjustments not related to volume , including net profit booking rate adjustments , were comparable in 2014 and 2013. .\n\nQuestion: what was the average operating margins for is&gs from 2013 to 2015?",
        "solution": "8.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2018/page_162.pdf\n\nID: AWK/2018/page_162.pdf-3\n\nPrevious Text:\nasset category target allocation total quoted prices in active markets for identical assets ( level 1 ) significant observable inputs ( level 2 ) significant unobservable inputs .\n\nTable Data:\n[['', 'level 3'], ['balance as of january 1 2018', '$ 278'], ['actual return on assets', '-23 ( 23 )'], ['purchases issuances and settlements net', '-25 ( 25 )'], ['balance as of december 31 2018', '$ 230']]\n\nFollowing Text:\nbalance as of january 1 , 2017 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 140 actual return on assets .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2 purchases , issuances and settlements , net .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n136 balance as of december 31 , 2017 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 278 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts .\nthe investments and risk mitigation strategies for the plans are tailored specifically for each trust .\nin setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company .\nthe company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation .\nconsiderations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns .\nin 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan .\nas part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed- income assets relative to liabilities .\nthe fixed income portion of the portfolio was designed to match the bond- .\n\nQuestion: by what percentage level 3 balance decrease during 2018?",
        "solution": "-17.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_217.pdf\n\nID: C/2008/page_217.pdf-1\n\nPrevious Text:\nbillion at december 31 , 2008 and december 31 , 2007 , respectively .\nsecurities and other marketable assets held as collateral amounted to $ 27 billion and $ 54 billion , the majority of which collateral is held to reimburse losses realized under securities lending indemnifications .\nthe decrease from the prior year is in line with the decrease in the notional amount of these indemnifications , which are collateralized .\nadditionally , letters of credit in favor of the company held as collateral amounted to $ 503 million and $ 370 million at december 31 , 2008 and december 31 , 2007 , respectively .\nother property may also be available to the company to cover losses under certain guarantees and indemnifications ; however , the value of such property has not been determined .\nperformance risk citigroup evaluates the performance risk of its guarantees based on the assigned referenced counterparty internal or external ratings .\nwhere external ratings are used , investment-grade ratings are considered to be baa/bbb and above , while anything below is considered non-investment grade .\nthe citigroup internal ratings are in line with the related external rating system .\non certain underlying referenced credits or entities , ratings are not available .\nsuch referenced credits are included in the 201cnot-rated 201d category .\nthe maximum potential amount of the future payments related to guarantees and credit derivatives sold is determined to be the notional amount of these contracts , which is the par amount of the assets guaranteed .\npresented in the table below is the maximum potential amount of future payments classified based upon internal and external credit ratings as of december 31 , 2008 .\nas previously mentioned , the determination of the maximum potential future payments is based on the notional amount of the guarantees without consideration of possible recoveries under recourse provisions or from collateral held or pledged .\nsuch amounts bear no relationship to the anticipated losses , if any , on these guarantees. .\n\nTable Data:\n[['in billions of dollars', 'maximum potential amount of future payments investment grade', 'maximum potential amount of future payments non-investment grade', 'maximum potential amount of future payments not rated', 'maximum potential amount of future payments total'], ['financial standby letters of credit', '$ 49.2', '$ 28.6', '$ 16.4', '$ 94.2'], ['performance guarantees', '5.7', '5.0', '5.6', '16.3'], ['derivative instruments deemed to be guarantees', '2014', '2014', '67.9', '67.9'], ['guarantees of collection of contractual cash flows', '2014', '2014', '0.3', '0.3'], ['loans sold with recourse', '2014', '2014', '0.3', '0.3'], ['securities lending indemnifications', '2014', '2014', '47.6', '47.6'], ['credit card merchant processing', '2014', '2014', '56.7', '56.7'], ['custody indemnifications and other', '18.5', '3.1', '2014', '21.6'], ['total', '$ 73.4', '$ 36.7', '$ 194.8', '$ 304.9']]\n\nFollowing Text:\ncredit derivatives a credit derivative is a bilateral contract between a buyer and a seller under which the seller sells protection against the credit risk of a particular entity ( 201creference entity 201d or 201creference credit 201d ) .\ncredit derivatives generally require that the seller of credit protection make payments to the buyer upon the occurrence of predefined credit events ( commonly referred to as 201csettlement triggers 201d ) .\nthese settlement triggers are defined by the form of the derivative and the reference credit and are generally limited to the market standard of failure to pay on indebtedness and bankruptcy of the reference credit and , in a more limited range of transactions , debt restructuring .\ncredit derivative transactions referring to emerging market reference credits will also typically include additional settlement triggers to cover the acceleration of indebtedness and the risk of repudiation or a payment moratorium .\nin certain transactions , protection may be provided on a portfolio of referenced credits or asset-backed securities .\nthe seller of such protection may not be required to make payment until a specified amount of losses has occurred with respect to the portfolio and/or may only be required to pay for losses up to a specified amount .\nthe company makes markets in and trades a range of credit derivatives , both on behalf of clients as well as for its own account .\nthrough these contracts , the company either purchases or writes protection on either a single name or a portfolio of reference credits .\nthe company uses credit derivatives to help mitigate credit risk in its corporate loan portfolio and other cash positions , to take proprietary trading positions , and to facilitate client transactions .\nthe range of credit derivatives sold includes credit default swaps , total return swaps and credit options .\na credit default swap is a contract in which , for a fee , a protection seller ( guarantor ) agrees to reimburse a protection buyer ( beneficiary ) for any losses that occur due to a credit event on a reference entity .\nif there is no credit default event or settlement trigger , as defined by the specific derivative contract , then the guarantor makes no payments to the beneficiary and receives only the contractually specified fee .\nhowever , if a credit event occurs and in accordance with the specific derivative contract sold , the guarantor will be required to make a payment to the beneficiary .\na total return swap transfers the total economic performance of a reference asset , which includes all associated cash flows , as well as capital appreciation or depreciation .\nthe protection buyer ( beneficiary ) receives a floating rate of interest and any depreciation on the reference asset from the protection seller ( guarantor ) , and in return the protection seller receives the cash flows associated with the reference asset , plus any appreciation .\nthus , the beneficiary will be obligated to make a payment any time the floating interest rate payment according to the total return swap agreement and any depreciation of the reference asset exceed the cash flows associated with the underlying asset .\na total return swap may terminate upon a default of the reference asset subject to the provisions in the related total return swap agreement between the protection seller ( guarantor ) and the protection buyer ( beneficiary ) . .\n\nQuestion: what percent of total maximum potential amount of future payments are backed by letters of credit ? \\\\n",
        "solution": "31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2018/page_60.pdf\n\nID: PPG/2018/page_60.pdf-4\n\nPrevious Text:\n58 2018 ppg annual report and 10-k the crown group on october 2 , 2017 , ppg acquired the crown group ( 201ccrown 201d ) , a u.s.-based coatings application services business , which is reported as part of ppg's industrial coatings reportable segment .\ncrown is one of the leading component and product finishers in north america .\ncrown applies coatings to customers 2019 manufactured parts and assembled products at 11 u.s .\nsites .\nmost of crown 2019s facilities , which also provide assembly , warehousing and sequencing services , are located at customer facilities or positioned near customer manufacturing sites .\nthe company serves manufacturers in the automotive , agriculture , construction , heavy truck and alternative energy industries .\nthe pro-forma impact on ppg's sales and results of operations , including the pro forma effect of events that are directly attributable to the acquisition , was not significant .\nthe results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .\ntaiwan chlorine industries taiwan chlorine industries ( 201ctci 201d ) was established in 1986 as a joint venture between ppg and china petrochemical development corporation ( 201ccpdc 201d ) to produce chlorine-based products in taiwan , at which time ppg owned 60 percent of the venture .\nin conjunction with the 2013 separation of its commodity chemicals business , ppg conveyed to axiall corporation ( \"axiall\" ) its 60% ( 60 % ) ownership interest in tci .\nunder ppg 2019s agreement with cpdc , if certain post-closing conditions were not met following the three year anniversary of the separation , cpdc had the option to sell its 40% ( 40 % ) ownership interest in tci to axiall for $ 100 million .\nin turn , axiall had a right to designate ppg as its designee to purchase the 40% ( 40 % ) ownership interest of cpdc .\nin april 2016 , axiall announced that cpdc had decided to sell its ownership interest in tci to axiall .\nin june 2016 , axiall formally designated ppg to purchase the 40% ( 40 % ) ownership interest in tci .\nin august 2016 , westlake chemical corporation acquired axiall , which became a wholly-owned subsidiary of westlake .\nin april 2017 , ppg finalized its purchase of cpdc 2019s 40% ( 40 % ) ownership interest in tci .\nthe difference between the acquisition date fair value and the purchase price of ppg 2019s 40% ( 40 % ) ownership interest in tci has been recorded as a loss in discontinued operations during the year-ended december 31 , 2017 .\nppg 2019s ownership in tci is accounted for as an equity method investment and the related equity earnings are reported within other income in the consolidated statement of income and in legacy in note 20 , 201creportable business segment information . 201d metokote corporation in july 2016 , ppg completed the acquisition of metokote corporation ( \"metokote\" ) , a u.s.-based coatings application services business .\nmetokote applies coatings to customers' manufactured parts and assembled products .\nit operates on- site coatings services within several customer manufacturing locations , as well as at regional service centers , located throughout the u.s. , canada , mexico , the united kingdom , germany , hungary and the czech republic .\ncustomers ship parts to metokote ae service centers where they are treated to enhance paint adhesion and painted with electrocoat , powder or liquid coatings technologies .\ncoated parts are then shipped to the customer 2019s next stage of assembly .\nmetokote coats an average of more than 1.5 million parts per day .\nthe following table summarizes the estimated fair value of assets acquired and liabilities assumed as reflected in the final purchase price allocation for metokote .\n( $ in millions ) .\n\nTable Data:\n[['current assets', '$ 38'], ['property plant and equipment', '73'], ['identifiable intangible assets with finite lives', '86'], ['goodwill', '166'], ['deferred income taxes ( a )', '-12 ( 12 )'], ['total assets', '$ 351'], ['current liabilities', '-23 ( 23 )'], ['other long-term liabilities', '-22 ( 22 )'], ['total liabilities', '( $ 45 )'], ['total purchase price net of cash acquired', '$ 306']]\n\nFollowing Text:\n( a ) the net deferred income tax liability is included in assets due to the company's tax jurisdictional netting .\nthe pro-forma impact on ppg's sales and results of operations , including the pro forma effect of events that are directly attributable to the acquisition , was not significant .\nwhile calculating this impact , no cost savings or operating synergies that may result from the acquisition were included .\nthe results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .\nnotes to the consolidated financial statements .\n\nQuestion: what percent of the total purchase price net of cash acquired was goodwill?",
        "solution": "54%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2019/page_135.pdf\n\nID: WRK/2019/page_135.pdf-2\n\nPrevious Text:\nwestrock company notes to consolidated financial statements 2014 ( continued ) note 20 .\nstockholders 2019 equity capitalization our capital stock consists solely of common stock .\nholders of our common stock are entitled to one vote per share .\nour amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued .\nthe terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation .\nstock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 .\nthe shares of our common stock may be repurchased over an indefinite period of time at the discretion of management .\nin fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million .\nin fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million .\nin fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million .\nas of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock .\nnote 21 .\nshare-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan .\nthe 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) .\nthe amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors .\nthe table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) .\nshares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation .\nthe number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 .\nin addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 .\n( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans .\nwe issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended .\nthe awards were converted into westrock awards using the conversion factor as described in the business combination agreement .\n( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan .\nthe awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. .\n\nTable Data:\n[['', 'shares available for issuance', 'shares available for future grant', 'shares to be issued if performance is achieved at maximum', 'expect to make new awards'], ['amended and restated 2016 incentive stock plan ( 1 )', '11.7', '5.1', '2.3', 'yes'], ['2004 incentive stock plan ( 1 ) ( 2 )', '15.8', '3.1', '0.0', 'no'], ['2005 performance incentive plan ( 1 ) ( 2 )', '12.8', '9.0', '0.0', 'no'], ['rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 )', '7.9', '5.9', '0.0', 'no']]\n\nFollowing Text:\nwestrock company notes to consolidated financial statements 2014 ( continued ) note 20 .\nstockholders 2019 equity capitalization our capital stock consists solely of common stock .\nholders of our common stock are entitled to one vote per share .\nour amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued .\nthe terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation .\nstock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 .\nthe shares of our common stock may be repurchased over an indefinite period of time at the discretion of management .\nin fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million .\nin fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million .\nin fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million .\nas of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock .\nnote 21 .\nshare-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan .\nthe 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) .\nthe amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors .\nthe table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) .\nshares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation .\nthe number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 .\nin addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 .\n( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans .\nwe issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended .\nthe awards were converted into westrock awards using the conversion factor as described in the business combination agreement .\n( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan .\nthe awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. .\n\nQuestion: what was the average stock price in 2019? ( $ )",
        "solution": "42.19"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2008/page_86.pdf\n\nID: ZBH/2008/page_86.pdf-2\n\nPrevious Text:\ndepreciation and amortization included in operating segment profit for the years ended december 31 , 2008 , 2007 and 2006 was as follows ( in millions ) : .\n\nTable Data:\n[['', '2008', '2007', '2006'], ['americas', '$ 78.5', '$ 66.9', '$ 56.7'], ['europe', '57.0', '60.7', '46.5'], ['asia pacific', '25.6', '22.7', '18.7'], ['global operations and corporate functions', '114.0', '79.7', '75.5'], ['total', '$ 275.1', '$ 230.0', '$ 197.4']]\n\nFollowing Text:\n15 .\nleases future minimum rental commitments under non- cancelable operating leases in effect as of december 31 , 2008 were $ 38.2 million for 2009 , $ 30.1 million for 2010 , $ 20.9 million for 2011 , $ 15.9 million for 2012 , $ 14.3 million for 2013 and $ 29.9 million thereafter .\ntotal rent expense for the years ended december 31 , 2008 , 2007 and 2006 aggregated $ 41.4 million , $ 37.1 million and $ 31.1 million , respectively .\n16 .\ncommitments and contingencies intellectual property and product liability-related litigation in july 2008 , we temporarily suspended marketing and distribution of the durom bb acetabular component ( durom cup ) in the u.s .\nto allow us to update product labeling to provide more detailed surgical technique problems to surgeons and implement a surgical training program in the u.s .\nfollowing our announcement , product liability lawsuits and other claims have been asserted against us , some of which we have settled .\nthere are a number of claims still pending and we expect additional claims will be submitted .\nwe recorded a provision of $ 47.5 million in the third quarter of 2008 , representing management 2019s estimate of these durom cup-related claims .\nwe increased that provision by $ 21.5 million in the fourth quarter of 2008 .\nthe provision is limited to revisions within two years of an original surgery that occurred prior to july 2008 .\nthese parameters are consistent with our data which indicates that cup loosenings associated with surgical technique are most likely to occur within that time period .\nany claims received outside of these defined parameters will be managed in the normal course and reflected in our standard product liability accruals .\non february 15 , 2005 , howmedica osteonics corp .\nfiled an action against us and an unrelated party in the united states district court for the district of new jersey alleging infringement of u.s .\npatent nos .\n6174934 ; 6372814 ; 6664308 ; and 6818020 .\non june 13 , 2007 , the court granted our motion for summary judgment on the invalidity of the asserted claims of u.s .\npatent nos .\n6174934 ; 6372814 ; and 6664308 by ruling that all of the asserted claims are invalid for indefiniteness .\non august 19 , 2008 , the court granted our motion for summary judgment of non- infringement of certain claims of u.s .\npatent no .\n6818020 , reducing the number of claims at issue in the suit to five .\nwe continue to believe that our defenses against infringement of the remaining claims are valid and meritorious , and we intend to defend this lawsuit vigorously .\nin addition to certain claims related to the durom cup discussed above , we are also subject to product liability and other claims and lawsuits arising in the ordinary course of business , for which we maintain insurance , subject to self- insured retention limits .\nwe establish accruals for product liability and other claims in conjunction with outside counsel based on current information and historical settlement information for open claims , related fees and claims incurred but not reported .\nwhile it is not possible to predict with certainty the outcome of these cases , it is the opinion of management that , upon ultimate resolution , liabilities from these cases in excess of those recorded , if any , will not have a material adverse effect on our consolidated financial position , results of operations or cash flows .\ngovernment investigations in march 2005 , the u.s .\ndepartment of justice through the u.s .\nattorney 2019s office in newark , new jersey commenced an investigation of us and four other orthopaedic companies pertaining to consulting contracts , professional service agreements and other agreements by which remuneration is provided to orthopaedic surgeons .\non september 27 , 2007 , we reached a settlement with the government to resolve all claims related to this investigation .\nas part of the settlement , we entered into a settlement agreement with the u.s .\nthrough the u.s .\ndepartment of justice and the office of inspector general of the department of health and human services ( the 201coig-hhs 201d ) .\nin addition , we entered into a deferred prosecution agreement ( the 201cdpa 201d ) with the u.s .\nattorney 2019s office for the district of new jersey ( the 201cu.s .\nattorney 201d ) and a corporate integrity agreement ( the 201ccia 201d ) with the oig- hhs .\nwe did not admit any wrongdoing , plead guilty to any criminal charges or pay any criminal fines as part of the settlement .\nwe settled all civil and administrative claims related to the federal investigation by making a settlement payment to the u.s .\ngovernment of $ 169.5 million .\nunder the terms of the dpa , the u.s .\nattorney filed a criminal complaint in the u.s .\ndistrict court for the district of new jersey charging us with conspiracy to commit violations of the anti-kickback statute ( 42 u.s.c .\na7 1320a-7b ) during the years 2002 through 2006 .\nthe court deferred prosecution of the criminal complaint during the 18-month term of the dpa .\nthe u.s .\nattorney will seek dismissal of the criminal complaint after the 18-month period if we comply with the provisions of the dpa .\nthe dpa provides for oversight by a federally-appointed monitor .\nunder the cia , which has a term of five years , we agreed , among other provisions , to continue the operation of our enhanced corporate compliance program , designed to promote compliance with federal healthcare program z i m m e r h o l d i n g s , i n c .\n2 0 0 8 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) %%transmsg*** transmitting job : c48761 pcn : 060000000 ***%%pcmsg|60 |00012|yes|no|02/24/2009 06:10|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: in 2008 , america's total depreciation & amortization is what percent of europe and asia combined?",
        "solution": "95.04%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_89.pdf\n\nID: LMT/2013/page_89.pdf-2\n\nPrevious Text:\nnote 12 2013 stock-based compensation during 2013 , 2012 , and 2011 , we recorded non-cash stock-based compensation expense totaling $ 189 million , $ 167 million , and $ 157 million , which is included as a component of other unallocated costs on our statements of earnings .\nthe net impact to earnings for the respective years was $ 122 million , $ 108 million , and $ 101 million .\nas of december 31 , 2013 , we had $ 132 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.5 years .\nwe received cash from the exercise of stock options totaling $ 827 million , $ 440 million , and $ 116 million during 2013 , 2012 , and 2011 .\nin addition , our income tax liabilities for 2013 , 2012 , and 2011 were reduced by $ 158 million , $ 96 million , and $ 56 million due to recognized tax benefits on stock-based compensation arrangements .\nstock-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 .\nthe 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 .\nno 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 .\nthe minimum vesting period for restricted stock or stock units payable in stock is three years .\naward 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 .\nthe maximum term of a stock option or any other award is 10 years .\nat december 31 , 2013 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 20.4 million shares reserved for issuance under the plans .\nat december 31 , 2013 , 4.7 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .\nwe issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .\nthe following table summarizes activity related to nonvested rsus during 2013 : number of rsus ( in thousands ) weighted average grant-date fair value per share .\n\nTable Data:\n[['', 'number of rsus ( in thousands )', 'weighted average grant-date fair value pershare'], ['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']]\n\nFollowing Text:\nrsus are valued based on the fair value of our common stock on the date of grant .\nemployees 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 .\nemployees who are granted rsus receive dividend-equivalent cash payments only upon vesting .\nfor 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 .\nwe 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 .\nstock options we generally recognize compensation cost for stock options ratably over the three-year vesting period .\nat december 31 , 2013 and 2012 , there were 10.2 million ( weighted average exercise price of $ 83.65 ) and 20.6 million ( weighted average exercise price of $ 83.15 ) stock options outstanding .\nstock options outstanding at december 31 , 2013 have a weighted average remaining contractual life of approximately five years and an aggregate intrinsic value of $ 663 million , and we expect nearly all of these stock options to vest .\nof the stock options outstanding , 7.7 million ( weighted average exercise price of $ 84.37 ) have vested as of december 31 , 2013 and those stock options have a weighted average remaining contractual life of approximately four years and an aggregate intrinsic value of $ 497 million .\nthere were 10.1 million ( weighted average exercise price of $ 82.72 ) stock options exercised during 2013 .\nwe did not grant stock options to employees during 2013. .\n\nQuestion: in 2013 what was the percentage change in the nonvested rsus",
        "solution": "-20%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STZ/2010/page_51.pdf\n\nID: STZ/2010/page_51.pdf-3\n\nPrevious Text:\n492010 annual report consolidation 2013 effective february 28 , 2010 , the company adopted the fasb amended guidance for con- solidation .\nthis guidance clarifies that the scope of the decrease in ownership provisions applies to the follow- ing : ( i ) a subsidiary or group of assets that is a business or nonprofit activity ; ( ii ) a subsidiary that is a business or nonprofit activity that is transferred to an equity method investee or joint venture ; and ( iii ) an exchange of a group of assets that constitutes a business or nonprofit activ- ity for a noncontrolling interest in an entity ( including an equity method investee or joint venture ) .\nthis guidance also expands the disclosures about the deconsolidation of a subsidiary or derecognition of a group of assets within the scope of the guidance .\nthe adoption of this guidance did not have a material impact on the company 2019s consolidated financial statements .\n3 . acquisitions : acquisition of bwe 2013 on december 17 , 2007 , the company acquired all of the issued and outstanding capital stock of beam wine estates , inc .\n( 201cbwe 201d ) , an indirect wholly-owned subsidiary of fortune brands , inc. , together with bwe 2019s subsidiaries : atlas peak vineyards , inc. , buena vista winery , inc. , clos du bois , inc. , gary farrell wines , inc .\nand peak wines international , inc .\n( the 201cbwe acquisition 201d ) .\nas a result of the bwe acquisition , the company acquired the u.s .\nwine portfolio of fortune brands , inc. , including certain wineries , vineyards or inter- ests therein in the state of california , as well as various super-premium and fine california wine brands including clos du bois and wild horse .\nthe bwe acquisition sup- ports the company 2019s strategy of strengthening its portfolio with fast-growing super-premium and above wines .\nthe bwe acquisition strengthens the company 2019s position as the leading wine company in the world and the leading premium wine company in the u.s .\ntotal consideration paid in cash was $ 877.3 million .\nin addition , the company incurred direct acquisition costs of $ 1.4 million .\nthe purchase price was financed with the net proceeds from the company 2019s december 2007 senior notes ( as defined in note 11 ) and revolver borrowings under the company 2019s june 2006 credit agreement , as amended in february 2007 and november 2007 ( as defined in note 11 ) .\nin accordance with the purchase method of accounting , the acquired net assets are recorded at fair value at the date of acquisition .\nthe purchase price was based primarily on the estimated future operating results of the bwe business , including the factors described above .\nin june 2008 , the company sold certain businesses consisting of several of the california wineries and wine brands acquired in the bwe acquisition , as well as certain wineries and wine brands from the states of washington and idaho ( collectively , the 201cpacific northwest business 201d ) ( see note 7 ) .\nthe results of operations of the bwe business are reported in the constellation wines segment and are included in the consolidated results of operations of the company from the date of acquisition .\nthe following table summarizes the fair values of the assets acquired and liabilities assumed in the bwe acquisition at the date of acquisition .\n( in millions ) current assets $ 288.4 property , plant and equipment 232.8 .\n\nTable Data:\n[['current assets', '$ 288.4'], ['property plant and equipment', '232.8'], ['goodwill', '334.6'], ['trademarks', '97.9'], ['other assets', '30.2'], ['total assets acquired', '983.9'], ['current liabilities', '103.9'], ['long-term liabilities', '1.3'], ['total liabilities assumed', '105.2'], ['net assets acquired', '$ 878.7']]\n\nFollowing Text:\nother assets 30.2 total assets acquired 983.9 current liabilities 103.9 long-term liabilities 1.3 total liabilities assumed 105.2 net assets acquired $ 878.7 the trademarks are not subject to amortization .\nall of the goodwill is expected to be deductible for tax purposes .\nacquisition of svedka 2013 on march 19 , 2007 , the company acquired the svedka vodka brand ( 201csvedka 201d ) in connection with the acquisition of spirits marque one llc and related business ( the 201csvedka acquisition 201d ) .\nsvedka is a premium swedish vodka .\nat the time of the acquisition , the svedka acquisition supported the company 2019s strategy of expanding the company 2019s premium spirits business and provided a foundation from which the company looked to leverage its existing and future premium spirits portfolio for growth .\nin addition , svedka complemented the company 2019s then existing portfolio of super-premium and value vodka brands by adding a premium vodka brand .\ntotal consideration paid in cash for the svedka acquisition was $ 385.8 million .\nin addition , the company incurred direct acquisition costs of $ 1.3 million .\nthe pur- chase price was financed with revolver borrowings under the company 2019s june 2006 credit agreement , as amended in february 2007 .\nin accordance with the purchase method of accounting , the acquired net assets are recorded at fair value at the date of acquisition .\nthe purchase price was based primarily on the estimated future operating results of the svedka business , including the factors described above .\nthe results of operations of the svedka business are reported in the constellation wines segment and are included in the consolidated results of operations of the company from the date of acquisition. .\n\nQuestion: did the bwe acquisition cost more than the svedka acquisition?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2011/page_114.pdf\n\nID: HII/2011/page_114.pdf-2\n\nPrevious Text:\ntax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .\nthe amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .\nthe company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .\nunrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .\nin addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .\nstock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .\nthere were no additional options granted during the year ended december 31 , 2011 .\nthe fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .\nthe fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .\nvolatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .\nrisk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .\ntreasury bond on the date the award was granted with a maturity equal to the expected term of the award .\nexpected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .\na stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .\nthe following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: .\n\nTable Data:\n[['', '2010', '2009'], ['dividend yield', '2.9% ( 2.9 % )', '3.6% ( 3.6 % )'], ['volatility rate', '25% ( 25 % )', '25% ( 25 % )'], ['risk-free interest rate', '2.3% ( 2.3 % )', '1.7% ( 1.7 % )'], ['expected option life ( years )', '6', '5 & 6']]\n\nFollowing Text:\nthe weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .\n\nQuestion: what is the total tax benefits realized during 2011?",
        "solution": "12"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2011/page_25.pdf\n\nID: UNP/2011/page_25.pdf-1\n\nPrevious Text:\nf0b7 positive train control 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 335 million during 2012 on developing and deploying ptc .\nwe currently estimate that ptc in accordance with implementing rules issued by the federal rail administration ( fra ) will cost us approximately $ 2 billion by the end of 2015 .\nthis includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .\nduring 2012 , we plan to continue testing the technology to evaluate its effectiveness .\nf0b7 financial expectations 2013 we are cautious about the economic environment but anticipate slow but steady volume growth that will exceed 2011 levels .\ncoupled with price , on-going network improvements and operational productivity initiatives , we expect earnings that exceed 2011 earnings .\nresults of operations operating revenues millions 2011 2010 2009 % (  % ) change 2011 v 2010 % (  % ) change 2010 v 2009 .\n\nTable Data:\n[['millions', '2011', '2010', '2009', '% (  % ) change 2011 v 2010', '% (  % ) change 2010 v 2009'], ['freight revenues', '$ 18508', '$ 16069', '$ 13373', '15% ( 15 % )', '20% ( 20 % )'], ['other revenues', '1049', '896', '770', '17', '16'], ['total', '$ 19557', '$ 16965', '$ 14143', '15% ( 15 % )', '20% ( 20 % )']]\n\nFollowing Text:\nwe generate freight revenues by transporting freight or other materials from our six commodity groups .\nfreight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .\nchanges in price , traffic mix and fuel surcharges drive arc .\nwe provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as reductions to freight revenues based on the actual or projected future shipments .\nwe recognize freight revenues as shipments move from origin to destination .\nwe allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .\nother revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .\nwe recognize other revenues as we perform services or meet contractual obligations .\nfreight revenues for all six commodity groups increased during 2011 compared to 2010 , while volume increased in all except intermodal .\nincreased demand in many market sectors , with particularly strong growth in chemical , industrial products , and automotive shipments for the year , generated the increases .\narc increased 12% ( 12 % ) , driven by higher fuel cost recoveries and core pricing gains .\nfuel cost recoveries include fuel surcharge revenue and the impact of resetting the base fuel price for certain traffic , which is described below in more detail .\nhigher fuel prices , volume growth , and new fuel surcharge provisions in renegotiated contracts all combined to increase revenues from fuel surcharges .\nfreight revenues and volume levels for all six commodity groups increased during 2010 as a result of economic improvement in many market sectors .\nwe experienced particularly strong volume growth in automotive , intermodal , and industrial products shipments .\ncore pricing gains and higher fuel surcharges also increased freight revenues and drove a 6% ( 6 % ) improvement in arc .\nour fuel surcharge programs ( excluding index-based contract escalators that contain some provision for fuel ) generated freight revenues of $ 2.2 billion , $ 1.2 billion , and $ 605 million in 2011 , 2010 , and 2009 , respectively .\nhigher fuel prices , volume growth , and new fuel surcharge provisions in contracts renegotiated during the year increased fuel surcharge amounts in 2011 and 2010 .\nfurthermore , for certain periods during 2009 , fuel prices dropped below the base at which our mileage-based fuel surcharge begins , which resulted in no fuel surcharge recovery for associated shipments during those periods .\nadditionally , fuel surcharge revenue is not entirely comparable to prior periods as we continue to convert portions of our non-regulated traffic to mileage-based fuel surcharge programs .\nin 2011 , other revenues increased from 2010 due primarily to higher revenues at our subsidiaries that broker intermodal and automotive services. .\n\nQuestion: fuel surcharge programs represented what share of revenue in 2011?",
        "solution": "11.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2008/page_47.pdf\n\nID: PPG/2008/page_47.pdf-3\n\nPrevious Text:\nnotes to the consolidated financial statements on march 18 , 2008 , ppg completed a public offering of $ 600 million in aggregate principal amount of its 5.75% ( 5.75 % ) notes due 2013 ( the 201c2013 notes 201d ) , $ 700 million in aggregate principal amount of its 6.65% ( 6.65 % ) notes due 2018 ( the 201c2018 notes 201d ) and $ 250 million in aggregate principal amount of its 7.70% ( 7.70 % ) notes due 2038 ( the 201c2038 notes 201d and , together with the 2013 notes and the 2018 notes , the 201cnotes 201d ) .\nthe notes were offered by the company pursuant to its existing shelf registration .\nthe proceeds of this offering of $ 1538 million ( net of discount and issuance costs ) and additional borrowings of $ 195 million under the 20ac650 million revolving credit facility were used to repay existing debt , including certain short-term debt and the amounts outstanding under the 20ac1 billion bridge loan .\nno further amounts can be borrowed under the 20ac1 billion bridge loan .\nthe discount and issuance costs related to the notes , which totaled $ 12 million , will be amortized to interest expense over the respective lives of the notes .\nshort-term debt outstanding as of december 31 , 2008 and 2007 , was as follows : ( millions ) 2008 2007 .\n\nTable Data:\n[['( millions )', '2008', '2007'], ['20ac1 billion bridge loan agreement 5.2% ( 5.2 % )', '$ 2014', '$ 1047'], ['u.s . commercial paper 5.3% ( 5.3 % ) as of dec . 31 2008', '222', '617'], ['20ac650 million revolving credit facility weighted average 2.9% ( 2.9 % ) as of dec . 31 2008 ( 1 )', '200', '2014'], ['other weighted average 4.0% ( 4.0 % ) as of dec . 31 2008', '362', '154'], ['total', '$ 784', '$ 1818']]\n\nFollowing Text:\ntotal $ 784 $ 1818 ( 1 ) borrowings under this facility have a term of 30 days and can be rolled over monthly until the facility expires in 2010 .\nppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2008 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2008 , 2007 and 2006 totaled $ 228 million , $ 102 million and $ 90 million , respectively .\nrental expense for operating leases was $ 267 million , $ 188 million and $ 161 million in 2008 , 2007 and 2006 , respectively .\nthe primary leased assets include paint stores , transportation equipment , warehouses and other distribution facilities , and office space , including the company 2019s corporate headquarters located in pittsburgh , pa .\nminimum lease commitments for operating leases that have initial or remaining lease terms in excess of one year as of december 31 , 2008 , are ( in millions ) $ 126 in 2009 , $ 107 in 2010 , $ 82 in 2011 , $ 65 in 2012 , $ 51 in 2013 and $ 202 thereafter .\nthe company had outstanding letters of credit of $ 82 million as of december 31 , 2008 .\nthe letters of credit secure the company 2019s performance to third parties under certain self-insurance programs and other commitments made in the ordinary course of business .\nas of december 31 , 2008 and 2007 guarantees outstanding were $ 70 million .\nthe guarantees relate primarily to debt of certain entities in which ppg has an ownership interest and selected customers of certain of the company 2019s businesses .\na portion of such debt is secured by the assets of the related entities .\nthe carrying values of these guarantees were $ 9 million and $ 3 million as of december 31 , 2008 and 2007 , respectively , and the fair values were $ 40 million and $ 17 million , as of december 31 , 2008 and 2007 , respectively .\nthe company does not believe any loss related to these letters of credit or guarantees is likely .\n10 .\nfinancial instruments , excluding derivative financial instruments included in ppg 2019s financial instrument portfolio are cash and cash equivalents , cash held in escrow , marketable equity securities , company-owned life insurance and short- and long-term debt instruments .\nthe fair values of the financial instruments approximated their carrying values , in the aggregate , except for long-term long-term debt ( excluding capital lease obligations ) , had carrying and fair values totaling $ 3122 million and $ 3035 million , respectively , as of december 31 , 2008 .\nthe corresponding amounts as of december 31 , 2007 , were $ 1201 million and $ 1226 million , respectively .\nthe fair values of the debt instruments were based on discounted cash flows and interest rates currently available to the company for instruments of the same remaining maturities .\n2008 ppg annual report and form 10-k 45 .\n\nQuestion: what was the percentage change in interest payments from 2006 to 2007?",
        "solution": "13%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISH/2002/page_94.pdf\n\nID: DISH/2002/page_94.pdf-3\n\nPrevious Text:\nechostar communications corporation notes to consolidated financial statements - continued closing price of the class a common stock on the last business day of each calendar quarter in which such shares of class a common stock are deemed sold to an employee under the espp .\nthe espp shall terminate upon the first to occur of ( i ) october 1 , 2007 or ( ii ) the date on which the espp is terminated by the board of directors .\nduring 2000 , 2001 and 2002 employees purchased approximately 58000 ; 80000 and 108000 shares of class a common stock through the espp , respectively .\n401 ( k ) employee savings plan echostar sponsors a 401 ( k ) employee savings plan ( the 201c401 ( k ) plan 201d ) for eligible employees .\nvoluntary employee contributions to the 401 ( k ) plan may be matched 50% ( 50 % ) by echostar , subject to a maximum annual contribution by echostar of $ 1000 per employee .\nmatching 401 ( k ) contributions totaled approximately $ 1.6 million , $ 2.1 million and $ 2.4 million during the years ended december 31 , 2000 , 2001 and 2002 , respectively .\nechostar also may make an annual discretionary contribution to the plan with approval by echostar 2019s board of directors , subject to the maximum deductible limit provided by the internal revenue code of 1986 , as amended .\nthese contributions may be made in cash or in echostar stock .\nforfeitures of unvested participant balances which are retained by the 401 ( k ) plan may be used to fund matching and discretionary contributions .\nexpense recognized relating to discretionary contributions was approximately $ 7 million , $ 225 thousand and $ 17 million during the years ended december 31 , 2000 , 2001 and 2002 , respectively .\n9 .\ncommitments and contingencies leases future minimum lease payments under noncancelable operating leases as of december 31 , 2002 , are as follows ( in thousands ) : year ending december 31 .\n\nTable Data:\n[['2003', '$ 17274'], ['2004', '14424'], ['2005', '11285'], ['2006', '7698'], ['2007', '3668'], ['thereafter', '1650'], ['total minimum lease payments', '55999']]\n\nFollowing Text:\ntotal rent expense for operating leases approximated $ 9 million , $ 14 million and $ 16 million in 2000 , 2001 and 2002 , respectively .\npurchase commitments as of december 31 , 2002 , echostar 2019s purchase commitments totaled approximately $ 359 million .\nthe majority of these commitments relate to echostar receiver systems and related components .\nall of the purchases related to these commitments are expected to be made during 2003 .\nechostar expects to finance these purchases from existing unrestricted cash balances and future cash flows generated from operations .\npatents and intellectual property many entities , including some of echostar 2019s competitors , now have and may in the future obtain patents and other intellectual property rights that cover or affect products or services directly or indirectly related to those that echostar offers .\nechostar may not be aware of all patents and other intellectual property rights that its products may potentially infringe .\ndamages in patent infringement cases can include a tripling of actual damages in certain cases .\nfurther , echostar cannot estimate the extent to which it may be required in the future to obtain licenses with respect to .\n\nQuestion: during 2000 , 2001 and 2002 , what were total employee purchases through the espp?",
        "solution": "246000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2016/page_37.pdf\n\nID: RCL/2016/page_37.pdf-3\n\nPrevious Text:\nperformance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. .\n\nTable Data:\n[['', '12/11', '12/12', '12/13', '12/14', '12/15', '12/16'], ['royal caribbean cruises ltd .', '100.00', '139.36', '198.03', '350.40', '437.09', '362.38'], ['s&p 500', '100.00', '116.00', '153.58', '174.60', '177.01', '198.18'], ['dow jones us travel & leisure', '100.00', '113.33', '164.87', '191.85', '203.17', '218.56']]\n\nFollowing Text:\nthe stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .\npast performance is not necessarily an indicator of future results. .\n\nQuestion: what was the percentage increase in the stock performance of the royal caribbean cruises ltd . from 2012 to 2013",
        "solution": "42.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2015/page_187.pdf\n\nID: AAL/2015/page_187.pdf-2\n\nPrevious Text:\ntable of contents notes to consolidated financial statements of american airlines , inc .\nthe asset .\nprojected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money .\nthe cost approach , which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility , was used , as appropriate , for certain assets for which the market and income approaches could not be applied due to the nature of the asset .\nthe cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset , less an allowance for loss in value due to depreciation .\nthe fair value of us airways 2019 dividend miles loyalty program liability was determined based on the weighted average equivalent ticket value of outstanding miles which were expected to be redeemed for future travel at december 9 , 2013 .\nthe weighted average equivalent ticket value contemplates differing classes of service , domestic and international itineraries and the carrier providing the award travel .\npro-forma impact of the merger american 2019s unaudited pro-forma results presented below include the effects of the merger as if it had been consummated as of january 1 , 2012 .\nthe pro- forma results include the depreciation and amortization associated with the acquired tangible and intangible assets , lease and debt fair value adjustments , the elimination of any deferred gains or losses , adjustments relating to reflecting the fair value of the loyalty program liability and the impact of income changes on profit sharing expense , among others .\nin addition , the pro-forma results below reflect the impact of higher wage rates related to memorandums of understanding with us airways 2019 pilots that became effective upon closing of the merger , as well as the elimination of american 2019s reorganization items , net and merger transition costs .\nhowever , the pro-forma results do not include any anticipated synergies or other expected benefits of the merger .\naccordingly , the unaudited pro-forma financial information below is not necessarily indicative of either future results of operations or results that might have been achieved had the acquisition been consummated as of january 1 , 2012 .\ndecember 31 , ( in millions ) .\n\nTable Data:\n[['', 'december 31 2013 ( in millions )'], ['revenue', '$ 40782'], ['net income', '2707']]\n\nFollowing Text:\n5 .\nbasis of presentation and summary of significant accounting policies ( a ) basis of presentation on december 30 , 2015 , us airways merged with and into american , which is reflected in american 2019s consolidated financial statements as though the transaction had occurred on december 9 , 2013 , when a subsidiary of amr merged with and into us airways group .\nthus , the full years of 2015 and 2014 and the period from december 9 , 2013 to december 31 , 2013 are comprised of the consolidated financial data of american and us airways .\nfor the periods prior to december 9 , 2013 , the financial data reflects the results of american only .\nfor financial reporting purposes , the transaction constituted a transfer of assets between entities under common control and was accounted for in a manner similar to the pooling of interests method of accounting .\nunder this method , the carrying amount of net assets recognized in the balance sheets of each combining entity are carried forward to the balance sheet of the combined entity and no other assets or liabilities are recognized .\nthe preparation of financial statements in accordance with accounting principles generally accepted in the united states ( gaap ) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities , revenues and expenses , and the disclosure of contingent assets and liabilities at the date of the financial statements .\nactual results could differ from those estimates .\nthe most significant areas of judgment relate to passenger revenue recognition , impairment of goodwill , impairment of long-lived and .\n\nQuestion: what is the net income margin in 2013?",
        "solution": "6.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2013/page_16.pdf\n\nID: RSG/2013/page_16.pdf-2\n\nPrevious Text:\nfleet automation approximately 66% ( 66 % ) of our residential routes have been converted to automated single driver trucks .\nby converting our residential routes to automated service , we reduce labor costs , improve driver productivity and create a safer work environment for our employees .\nadditionally , communities using automated vehicles have higher participation rates in recycling programs , thereby complementing our initiative to expand our recycling capabilities .\nfleet conversion to compressed natural gas ( cng ) approximately 12% ( 12 % ) of our fleet operates on natural gas .\nwe expect to continue our gradual fleet conversion to cng , our preferred alternative fuel technology , as part of our ordinary annual fleet replacement process .\nwe believe a gradual fleet conversion is most prudent to realize the full value of our previous fleet investments .\napproximately 50% ( 50 % ) of our replacement vehicle purchases during 2013 were cng vehicles .\nwe believe using cng vehicles provides us a competitive advantage in communities with strict clean emission objectives or initiatives that focus on protecting the environment .\nalthough upfront costs are higher , we expect that using natural gas will reduce our overall fleet operating costs through lower fuel expenses .\nstandardized maintenance based on an industry trade publication , we operate the eighth largest vocational fleet in the united states .\nas of december 31 , 2013 , our average fleet age in years , by line of business , was as follows : approximate number of vehicles average age .\n\nTable Data:\n[['', 'approximate number of vehicles', 'average age'], ['residential', '7600', '7'], ['commercial', '4300', '6'], ['industrial', '3600', '9'], ['total', '15500', '7']]\n\nFollowing Text:\nthrough standardization of core functions , we believe we can minimize variability in our maintenance processes resulting in higher vehicle quality while extending the service life of our fleet .\nwe believe operating a more reliable , safer and efficient fleet will lower our operating costs .\nwe have completed implementation of standardized maintenance programs for approximately 45% ( 45 % ) of our fleet maintenance operations as of december 31 , 2013 .\ncash utilization strategy key components of our cash utilization strategy include increasing free cash flow and improving our return on invested capital .\nour definition of free cash flow , which is not a measure determined in accordance with united states generally accepted accounting principles ( u.s .\ngaap ) , is cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment as presented in our consolidated statements of cash flows .\nfor a discussion and reconciliation of free cash flow , you should read the 201cfree cash flow 201d section of our management 2019s discussion and analysis of financial condition and results of operations contained in item 7 of this form 10-k .\nwe believe free cash flow drives shareholder value and provides useful information regarding the recurring cash provided by our operations .\nfree cash flow also demonstrates our ability to execute our cash utilization strategy , which includes investments in acquisitions and returning a majority of free cash flow to our shareholders through dividends and share repurchases .\nwe are committed to an efficient capital structure and maintaining our investment grade rating .\nwe manage our free cash flow by ensuring that capital expenditures and operating asset levels are appropriate in light of our existing business and growth opportunities , as well as by closely managing our working capital , which consists primarily of accounts receivable , accounts payable , and accrued landfill and environmental costs. .\n\nQuestion: what is the approximate number of vehicle in the fleet that are operating on compressed natural gas ( cng ) approximately 12% ( 12 % )",
        "solution": "1860"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2008/page_95.pdf\n\nID: GPN/2008/page_95.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) note 12 2014related party transactions in the course of settling money transfer transactions , we purchase foreign currency from consultoria internacional casa de cambio ( 201ccisa 201d ) , a mexican company partially owned by certain of our employees .\nas of march 31 , 2008 , mr .\nra fal lim f3n cortes , a 10% ( 10 % ) shareholder of cisa , was no longer an employee , and we no longer considered cisa a related party .\nwe purchased 6.1 billion mexican pesos for $ 560.3 million during the ten months ended march 31 , 2008 and 8.1 billion mexican pesos for $ 736.0 million during fiscal 2007 from cisa .\nwe believe these currency transactions were executed at prevailing market exchange rates .\nalso from time to time , money transfer transactions are settled at destination facilities owned by cisa .\nwe incurred related settlement expenses , included in cost of service in the accompanying consolidated statements of income of $ 0.5 million in the ten months ended march 31 , 2008 .\nin fiscal 2007 and 2006 , we incurred related settlement expenses , included in cost of service in the accompanying consolidated statements of income of $ 0.7 and $ 0.6 million , respectively .\nin the normal course of business , we periodically utilize the services of contractors to provide software development services .\none of our employees , hired in april 2005 , is also an employee , officer , and part owner of a firm that provides such services .\nthe services provided by this firm primarily relate to software development in connection with our planned next generation front-end processing system in the united states .\nduring fiscal 2008 , we capitalized fees paid to this firm of $ 0.3 million .\nas of may 31 , 2008 and 2007 , capitalized amounts paid to this firm of $ 4.9 million and $ 4.6 million , respectively , were included in property and equipment in the accompanying consolidated balance sheets .\nin addition , we expensed amounts paid to this firm of $ 0.3 million , $ 0.1 million and $ 0.5 million in the years ended may 31 , 2008 , 2007 and 2006 , respectively .\nnote 13 2014commitments and contingencies leases we conduct a major part of our operations using leased facilities and equipment .\nmany of these leases have renewal and purchase options and provide that we pay the cost of property taxes , insurance and maintenance .\nrent expense on all operating leases for fiscal 2008 , 2007 and 2006 was $ 30.4 million , $ 27.1 million , and $ 24.4 million , respectively .\nfuture minimum lease payments for all noncancelable leases at may 31 , 2008 were as follows : operating leases .\n\nTable Data:\n[['', 'operating leases'], ['2009', '$ 22883'], ['2010', '16359'], ['2011', '11746'], ['2012', '5277'], ['2013', '3365'], ['thereafter', '7816'], ['total future minimum lease payments', '$ 67446']]\n\nFollowing Text:\nwe are party to a number of other claims and lawsuits incidental to our business .\nin the opinion of management , the reasonably possible outcome of such matters , individually or in the aggregate , will not have a material adverse impact on our financial position , liquidity or results of operations. .\n\nQuestion: what percentage of the future lease payments is has to be paid in 2009?",
        "solution": "33.93%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DVN/2011/page_84.pdf\n\nID: DVN/2011/page_84.pdf-1\n\nPrevious Text:\ndevon energy corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following methods and assumptions were used to estimate the fair values in the tables above .\nfixed-income securities 2014 devon 2019s fixed-income securities consist of u.s .\ntreasury obligations , bonds issued by investment-grade companies from diverse industries , and asset-backed securities .\nthese fixed-income securities are actively traded securities that can be redeemed upon demand .\nthe fair values of these level 1 securities are based upon quoted market prices .\ndevon 2019s fixed income securities also include commingled funds that primarily invest in long-term bonds and u.s .\ntreasury securities .\nthese fixed income securities can be redeemed on demand but are not actively traded .\nthe fair values of these level 2 securities are based upon the net asset values provided by the investment managers .\nequity securities 2014 devon 2019s equity securities include a commingled global equity fund that invests in large , mid and small capitalization stocks across the world 2019s developed and emerging markets .\nthese equity securities can be redeemed on demand but are not actively traded .\nthe fair values of these level 2 securities are based upon the net asset values provided by the investment managers .\nat december 31 , 2010 , devon 2019s equity securities consisted of investments in u.s .\nlarge and small capitalization companies and international large capitalization companies .\nthese equity securities were actively traded securities that could be redeemed upon demand .\nthe fair values of these level 1 securities are based upon quoted market prices .\nat december 31 , 2010 , devon 2019s equity securities also included a commingled fund that invested in large capitalization companies .\nthese equity securities could be redeemed on demand but were not actively traded .\nthe fair values of these level 2 securities are based upon the net asset values provided by the investment managers .\nother securities 2014 devon 2019s other securities include commingled , short-term investment funds .\nthese securities can be redeemed on demand but are not actively traded .\nthe fair values of these level 2 securities are based upon the net asset values provided by investment managers .\ndevon 2019s hedge fund and alternative investments include an investment in an actively traded global mutual fund that focuses on alternative investment strategies and a hedge fund of funds that invests both long and short using a variety of investment strategies .\ndevon 2019s hedge fund of funds is not actively traded and devon is subject to redemption restrictions with regards to this investment .\nthe fair value of this level 3 investment represents the fair value as determined by the hedge fund manager .\nincluded below is a summary of the changes in devon 2019s level 3 plan assets ( in millions ) . .\n\nTable Data:\n[['december 31 2009', '$ 51'], ['purchases', '3'], ['investment returns', '4'], ['december 31 2010', '58'], ['purchases', '33'], ['investment returns', '-1 ( 1 )'], ['december 31 2011', '$ 90']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage change in devon 2019s level 3 plan assets from 2009 to 2010",
        "solution": "13.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2013/page_97.pdf\n\nID: GS/2013/page_97.pdf-4\n\nPrevious Text:\nmanagement 2019s discussion and analysis sensitivity measures certain portfolios and individual positions are not included in var because var is not the most appropriate risk measure .\nother sensitivity measures we use to analyze market risk are described below .\n10% ( 10 % ) sensitivity measures .\nthe table below presents market risk for inventory positions that are not included in var .\nthe market risk of these positions is determined by estimating the potential reduction in net revenues of a 10% ( 10 % ) decline in the underlying asset value .\nequity positions below relate to private and restricted public equity securities , including interests in funds that invest in corporate equities and real estate and interests in hedge funds , which are included in 201cfinancial instruments owned , at fair value . 201d debt positions include interests in funds that invest in corporate mezzanine and senior debt instruments , loans backed by commercial and residential real estate , corporate bank loans and other corporate debt , including acquired portfolios of distressed loans .\nthese debt positions are included in 201cfinancial instruments owned , at fair value . 201d see note 6 to the consolidated financial statements for further information about cash instruments .\nthese measures do not reflect diversification benefits across asset categories or across other market risk measures .\nasset categories 10% ( 10 % ) sensitivity amount as of december in millions 2013 2012 equity 1 $ 2256 $ 2471 .\n\nTable Data:\n[['asset categories', 'asset categories', ''], ['in millions', '2013', '2012'], ['equity1', '$ 2256', '$ 2471'], ['debt', '1522', '1676'], ['total', '$ 3778', '$ 4147']]\n\nFollowing Text:\n1 .\ndecember 2012 includes $ 208 million related to our investment in the ordinary shares of icbc , which was sold in the first half of 2013 .\ncredit spread sensitivity on derivatives and borrowings .\nvar excludes the impact of changes in counterparty and our own credit spreads on derivatives as well as changes in our own credit spreads on unsecured borrowings for which the fair value option was elected .\nthe estimated sensitivity to a one basis point increase in credit spreads ( counterparty and our own ) on derivatives was a gain of $ 4 million and $ 3 million ( including hedges ) as of december 2013 and december 2012 , respectively .\nin addition , the estimated sensitivity to a one basis point increase in our own credit spreads on unsecured borrowings for which the fair value option was elected was a gain of $ 8 million and $ 7 million ( including hedges ) as of december 2013 and december 2012 , respectively .\nhowever , the actual net impact of a change in our own credit spreads is also affected by the liquidity , duration and convexity ( as the sensitivity is not linear to changes in yields ) of those unsecured borrowings for which the fair value option was elected , as well as the relative performance of any hedges undertaken .\ninterest rate sensitivity .\nas of december 2013 and december 2012 , the firm had $ 14.90 billion and $ 6.50 billion , respectively , of loans held for investment which were accounted for at amortized cost and included in 201creceivables from customers and counterparties , 201d substantially all of which had floating interest rates .\nas of december 2013 and december 2012 , the estimated sensitivity to a 100 basis point increase in interest rates on such loans was $ 136 million and $ 62 million , respectively , of additional interest income over a 12-month period , which does not take into account the potential impact of an increase in costs to fund such loans .\nsee note 8 to the consolidated financial statements for further information about loans held for investment .\ngoldman sachs 2013 annual report 95 .\n\nQuestion: for 2012 , what was the percentage of the equity related to our investment in the ordinary shares of icbc , which was sold in the first half of 2013?",
        "solution": "8.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2008/page_141.pdf\n\nID: RSG/2008/page_141.pdf-1\n\nPrevious Text:\nestimated future pension benefit payments for the next ten years under the plan ( in millions ) are as follows : estimated future payments: .\n\nTable Data:\n[['2009', '$ 14.9'], ['2010', '15.9'], ['2011', '16.2'], ['2012', '19.2'], ['2013', '21.9'], ['2014 through 2018', '142.2']]\n\nFollowing Text:\nbfi post retirement healthcare plan we acquired obligations under the bfi post retirement healthcare plan as part of our acquisition of allied .\nthis plan provides continued medical coverage for certain former employees following their retirement , including some employees subject to collective bargaining agreements .\neligibility for this plan is limited to certain of those employees who had ten or more years of service and were age 55 or older as of december 31 , 1998 , and certain employees in california who were hired on or before december 31 , 2005 and who retire on or after age 55 with at least thirty years of service .\nliabilities acquired for this plan were $ 1.2 million and $ 1.3 million , respectively , at the acquisition date and at december 31 , 2008 .\nmulti-employer pension plans we contribute to 25 multi-employer pension plans under collective bargaining agreements covering union- represented employees .\nwe acquired responsibility for contributions for a portion of these plans as part of our acquisition of allied .\napproximately 22% ( 22 % ) of our total current employees are participants in such multi- employer plans .\nthese plans generally provide retirement benefits to participants based on their service to contributing employers .\nwe do not administer these multi-employer plans .\nin general , these plans are managed by a board of trustees with the unions appointing certain trustees and other contributing employers of the plan appointing certain members .\nwe generally are not represented on the board of trustees .\nwe do not have current plan financial information from the plans 2019 administrators , but based on the information available to us , it is possible that some of the multi-employer plans to which we contribute may be underfunded .\nthe pension protection act , enacted in august 2006 , requires underfunded pension plans to improve their funding ratios within prescribed intervals based on the level of their underfunding .\nuntil the plan trustees develop the funding improvement plans or rehabilitation plans as required by the pension protection act , we are unable to determine the amount of assessments we may be subject to , if any .\naccordingly , we cannot determine at this time the impact that the pension protection act may have on our consolidated financial position , results of operations or cash flows .\nfurthermore , under current law regarding multi-employer benefit plans , a plan 2019s termination , our voluntary withdrawal , or the mass withdrawal of all contributing employers from any under-funded , multi-employer pension plan would require us to make payments to the plan for our proportionate share of the multi- employer plan 2019s unfunded vested liabilities .\nit is possible that there may be a mass withdrawal of employers contributing to these plans or plans may terminate in the near future .\nwe could have adjustments to our estimates for these matters in the near term that could have a material effect on our consolidated financial condition , results of operations or cash flows .\nour pension expense for multi-employer plans was $ 21.8 million , $ 18.9 million and $ 17.3 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nrepublic services , inc .\nand subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 133000000 ***%%pcmsg|131 |00027|yes|no|02/28/2009 21:12|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: what was the percent of the estimated future pension benefit payments increase from 2011 to 2012",
        "solution": "18.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2018/page_13.pdf\n\nID: AAL/2018/page_13.pdf-2\n\nPrevious Text:\nthe following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2018 , 2017 and 2016 ( gallons and aircraft fuel expense in millions ) .\nyear gallons average price per gallon aircraft fuel expense percent of total operating expenses .\n\nTable Data:\n[['year', 'gallons', 'average priceper gallon', 'aircraft fuelexpense', 'percent of totaloperating expenses'], ['2018', '4447', '$ 2.23', '$ 9896', '23.6% ( 23.6 % )'], ['2017', '4352', '1.73', '7510', '19.6% ( 19.6 % )'], ['2016', '4347', '1.42', '6180', '17.6% ( 17.6 % )']]\n\nFollowing Text:\nas of december 31 , 2018 , we did not have any fuel hedging contracts outstanding to hedge our fuel consumption .\nas such , and assuming we do not enter into any future transactions to hedge our fuel consumption , we will continue to be fully exposed to fluctuations in fuel prices .\nour current policy is not to enter into transactions to hedge our fuel consumption , although we review that policy from time to time based on market conditions and other factors .\nfuel prices have fluctuated substantially over the past several years .\nwe cannot predict the future availability , price volatility or cost of aircraft fuel .\nnatural disasters ( including hurricanes or similar events in the u.s .\nsoutheast and on the gulf coast where a significant portion of domestic refining capacity is located ) , political disruptions or wars involving oil-producing countries , economic sanctions imposed against oil-producing countries or specific industry participants , changes in fuel-related governmental policy , the strength of the u.s .\ndollar against foreign currencies , changes in the cost to transport or store petroleum products , changes in access to petroleum product pipelines and terminals , speculation in the energy futures markets , changes in aircraft fuel production capacity , environmental concerns and other unpredictable events may result in fuel supply shortages , distribution challenges , additional fuel price volatility and cost increases in the future .\nsee part i , item 1a .\nrisk factors 2013 201cour business is very dependent on the price and availability of aircraft fuel .\ncontinued periods of high volatility in fuel costs , increased fuel prices or significant disruptions in the supply of aircraft fuel could have a significant negative impact on our operating results and liquidity . 201d seasonality and other factors due to the greater demand for air travel during the summer months , revenues in the airline industry in the second and third quarters of the year tend to be greater than revenues in the first and fourth quarters of the year .\ngeneral economic conditions , fears of terrorism or war , fare initiatives , fluctuations in fuel prices , labor actions , weather , natural disasters , outbreaks of disease and other factors could impact this seasonal pattern .\ntherefore , our quarterly results of operations are not necessarily indicative of operating results for the entire year , and historical operating results in a quarterly or annual period are not necessarily indicative of future operating results .\ndomestic and global regulatory landscape general airlines are subject to extensive domestic and international regulatory requirements .\ndomestically , the dot and the federal aviation administration ( faa ) exercise significant regulatory authority over air carriers .\nthe dot , among other things , oversees domestic and international codeshare agreements , international route authorities , competition and consumer protection matters such as advertising , denied boarding compensation and baggage liability .\nthe antitrust division of the department of justice ( doj ) , along with the dot in certain instances , have jurisdiction over airline antitrust matters. .\n\nQuestion: what was the total operating expenses in 2018 in millions",
        "solution": "41932"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2011/page_83.pdf\n\nID: ADBE/2011/page_83.pdf-1\n\nPrevious Text:\nimprovements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .\ngoodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .\nwe completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .\nin the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .\nwe performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .\ngoodwill is assigned to one or more reporting segments on the date of acquisition .\nwe evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .\nto determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .\nour cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .\nwe amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .\nwe continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .\nwhen such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .\nif the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .\nwe did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .\nour intangible assets are amortized over their estimated useful lives of 1 to 13 years .\namortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .\nthe weighted average useful lives of our intangibles assets was as follows: .\n\nTable Data:\n[['', 'weighted averageuseful life ( years )'], ['purchased technology', '6'], ['customer contracts and relationships', '10'], ['trademarks', '7'], ['acquired rights to use technology', '9'], ['localization', '1'], ['other intangibles', '3']]\n\nFollowing Text:\nweighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .\namortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .\nto date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .\ninternal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .\nsuch capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .\ncapitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nQuestion: was the weighted average useful life ( years ) of purchased technology greater than customer contracts and relationships?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2005/page_77.pdf\n\nID: AMT/2005/page_77.pdf-3\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) sfas no .\n148 .\nin accordance with apb no .\n25 , the company recognizes compensation expense based on the excess , if any , of the quoted stock price at the grant date of the award or other measurement date over the amount an employee must pay to acquire the stock .\nthe company 2019s stock option plans are more fully described in note 14 .\nin december 2004 , the fasb issued sfas no .\n123 ( revised 2004 ) , 201cshare-based payment 201d ( sfas 123r ) , as further described below .\nduring the year ended december 31 , 2005 , the company reevaluated the assumptions used to estimate the fair value of stock options issued to employees .\nas a result , the company lowered its expected volatility assumption for options granted after july 1 , 2005 to approximately 30% ( 30 % ) and increased the expected life of option grants to 6.25 years using the simplified method permitted by sec sab no .\n107 , 201dshare-based payment 201d ( sab no .\n107 ) .\nthe company made this change based on a number of factors , including the company 2019s execution of its strategic plans to sell non-core businesses , reduce leverage and refinance its debt , and its recent merger with spectrasite , inc .\n( see note 2. ) management had previously based its volatility assumptions on historical volatility since inception , which included periods when the company 2019s capital structure was more highly leveraged than current levels and expected levels for the foreseeable future .\nmanagement 2019s estimate of future volatility is based on its consideration of all available information , including historical volatility , implied volatility of publicly traded options , the company 2019s current capital structure and its publicly announced future business plans .\nfor comparative purposes , a 10% ( 10 % ) change in the volatility assumption would change pro forma stock option expense and pro forma net loss by approximately $ 0.1 million for the year ended december 31 , 2005 .\n( see note 14. ) the following table illustrates the effect on net loss and net loss per common share if the company had applied the fair value recognition provisions of sfas no .\n123 ( as amended ) to stock-based compensation .\nthe estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : .\n\nTable Data:\n[['', '2005', '2004', '2003'], ['net loss as reported', '$ -171590 ( 171590 )', '$ -247587 ( 247587 )', '$ -325321 ( 325321 )'], ['add : stock-based employee compensation expense net of related tax effect included in net loss as reported', '7104', '2297', '2077'], ['less : total stock-based employee compensation expense determined under fair value based method for all awards net of related taxeffect', '-22238 ( 22238 )', '-23906 ( 23906 )', '-31156 ( 31156 )'], ['pro-forma net loss', '$ -186724 ( 186724 )', '$ -269196 ( 269196 )', '$ -354400 ( 354400 )'], ['basic and diluted net loss per share as reported', '$ -0.57 ( 0.57 )', '$ -1.10 ( 1.10 )', '$ -1.56 ( 1.56 )'], ['basic and diluted net loss per share pro-forma', '$ -0.62 ( 0.62 )', '$ -1.20 ( 1.20 )', '$ -1.70 ( 1.70 )']]\n\nFollowing Text:\nthe company has modified certain option awards to revise vesting and exercise terms for certain terminated employees and recognized charges of $ 7.0 million , $ 3.0 million and $ 2.3 million for the years ended december 31 , 2005 , 2004 and 2003 , respectively .\nin addition , the stock-based employee compensation amounts above for the year ended december 31 , 2005 , include approximately $ 2.4 million of unearned compensation amortization related to unvested stock options assumed in the merger with spectrasite , inc .\nsuch charges are reflected in impairments , net loss on sale of long-lived assets , restructuring and merger related expense with corresponding adjustments to additional paid-in capital and unearned compensation in the accompanying consolidated financial statements .\nrecent accounting pronouncements 2014in december 2004 , the fasb issued sfas 123r , which supersedes apb no .\n25 , and amends sfas no .\n95 , 201cstatement of cash flows . 201d this statement addressed the accounting for share-based payments to employees , including grants of employee stock options .\nunder the new standard .\n\nQuestion: what is the total number of outstanding shares as of december 31 , 2004 according to pro-forma income , in millions?",
        "solution": "224.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UA/2009/page_63.pdf\n\nID: UA/2009/page_63.pdf-2\n\nPrevious Text:\nto the two-class method .\nthe provisions of this guidance were required for fiscal years beginning after december 15 , 2008 .\nthe company has adopted this guidance for current period computations of earnings per share , and has updated prior period computations of earnings per share .\nthe adoption of this guidance in the first quarter of 2009 did not have a material impact on the company 2019s computation of earnings per share .\nrefer to note 11 for further discussion .\nin june 2008 , the fasb issued accounting guidance addressing the determination of whether provisions that introduce adjustment features ( including contingent adjustment features ) would prevent treating a derivative contract or an embedded derivative on a company 2019s own stock as indexed solely to the company 2019s stock .\nthis guidance was effective for fiscal years beginning after december 15 , 2008 .\nthe adoption of this guidance in the first quarter of 2009 did not have any impact on the company 2019s consolidated financial statements .\nin march 2008 , the fasb issued accounting guidance intended to improve financial reporting about derivative instruments and hedging activities by requiring enhanced disclosures to enable investors to better understand their effects on an entity 2019s financial position , financial performance , and cash flows .\nthis guidance was effective for the fiscal years and interim periods beginning after november 15 , 2008 .\nthe adoption of this guidance in the first quarter of 2009 did not have any impact on the company 2019s consolidated financial statements .\nin december 2007 , the fasb issued replacement guidance that requires the acquirer of a business to recognize and measure the identifiable assets acquired , the liabilities assumed , and any non-controlling interest in the acquired entity at fair value .\nthis replacement guidance also requires transaction costs related to the business combination to be expensed as incurred .\nit was effective for business combinations for which the acquisition date was on or after the start of the fiscal year beginning after december 15 , 2008 .\nthe adoption of this guidance in the first quarter of 2009 did not have any impact on the company 2019s consolidated financial statements .\nin december 2007 , the fasb issued accounting guidance that establishes accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary .\nthis guidance was effective for fiscal years beginning after december 15 , 2008 .\nthe adoption of this guidance in the first quarter of 2009 did not have any impact on the company 2019s consolidated financial statements .\nin september 2006 , the fasb issued accounting guidance which defines fair value , establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value measurements .\nthis guidance was effective for fiscal years beginning after november 15 , 2007 , however the fasb delayed the effective date to fiscal years beginning after november 15 , 2008 for nonfinancial assets and nonfinancial liabilities , except those items recognized or disclosed at fair value on an annual or more frequent basis .\nthe adoption of this guidance for nonfinancial assets and liabilities in the first quarter of 2009 did not have any impact on the company 2019s consolidated financial statements .\n3 .\ninventories inventories consisted of the following: .\n\nTable Data:\n[['( in thousands )', 'december 31 , 2009', 'december 31 , 2008'], ['finished goods', '$ 155596', '$ 187072'], ['raw materials', '785', '731'], ['work-in-process', '71', '6'], ['subtotal inventories', '156452', '187809'], ['inventories reserve', '-7964 ( 7964 )', '-5577 ( 5577 )'], ['total inventories', '$ 148488', '$ 182232']]\n\nFollowing Text:\n.\n\nQuestion: what was the percent of the change in the inventory reserve from 2008 to 2009",
        "solution": "42.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_84.pdf\n\nID: AAPL/2007/page_84.pdf-4\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 8 2014commitments and contingencies ( continued ) the following table reconciles changes in the company 2019s accrued warranties and related costs ( in millions ) : .\n\nTable Data:\n[['', '2007', '2006', '2005'], ['beginning accrued warranty and related costs', '$ 284', '$ 188', '$ 105'], ['cost of warranty claims', '-281 ( 281 )', '-267 ( 267 )', '-188 ( 188 )'], ['accruals for product warranties', '227', '363', '271'], ['ending accrued warranty and related costs', '$ 230', '$ 284', '$ 188']]\n\nFollowing Text:\nthe company generally does not indemnify end-users of its operating system and application software against legal claims that the software infringes third-party intellectual property rights .\nother agreements entered into by the company sometimes include indemnification provisions under which the company could be subject to costs and/or damages in the event of an infringement claim against the company or an indemnified third-party .\nhowever , the company has not been required to make any significant payments resulting from such an infringement claim asserted against itself or an indemnified third-party and , in the opinion of management , does not have a potential liability related to unresolved infringement claims subject to indemnification that would have a material adverse effect on its financial condition or operating results .\ntherefore , the company did not record a liability for infringement costs as of either september 29 , 2007 or september 30 , 2006 .\nconcentrations in the available sources of supply of materials and product certain key components including , but not limited to , microprocessors , enclosures , certain lcds , certain optical drives , and application-specific integrated circuits ( 2018 2018asics 2019 2019 ) are currently obtained by the company from single or limited sources which subjects the company to supply and pricing risks .\nmany of these and other key components that are available from multiple sources including , but not limited to , nand flash memory , dram memory , and certain lcds , are at times subject to industry-wide shortages and significant commodity pricing fluctuations .\nin addition , the company has entered into certain agreements for the supply of critical components at favorable pricing , and there is no guarantee that the company will be able to extend or renew these agreements when they expire .\ntherefore , the company remains subject to significant risks of supply shortages and/or price increases that can adversely affect gross margins and operating margins .\nin addition , the company uses some components that are not common to the rest of the global personal computer , consumer electronics and mobile communication industries , and new products introduced by the company often utilize custom components obtained from only one source until the company has evaluated whether there is a need for and subsequently qualifies additional suppliers .\nif the supply of a key single-sourced component to the company were to be delayed or curtailed , or in the event a key manufacturing vendor delays shipments of completed products to the company , the company 2019s ability to ship related products in desired quantities and in a timely manner could be adversely affected .\nthe company 2019s business and financial performance could also be 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 .\ncontinued availability of these components may be affected if producers were to decide to concentrate on the production of common components instead of components customized to meet the company 2019s requirements .\nfinally , significant portions of the company 2019s cpus , ipods , iphones , logic boards , and other assembled products are now manufactured by outsourcing partners , primarily in various parts of asia .\na significant concentration of this outsourced manufacturing is currently performed by only a few of the company 2019s outsourcing partners , often in single locations .\ncertain of these outsourcing partners are the sole-sourced supplier of components and manufacturing outsourcing for many of the company 2019s key products , including but not limited to , assembly .\n\nQuestion: what was the average accruals for product warranties , in millions?",
        "solution": "287"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2010/page_55.pdf\n\nID: AON/2010/page_55.pdf-1\n\nPrevious Text:\nhr solutions .\n\nTable Data:\n[['years ended december 31,', '2010', '2009', '2008'], ['revenue', '$ 2111', '$ 1267', '$ 1356'], ['operating income', '234', '203', '208'], ['operating margin', '11.1% ( 11.1 % )', '16.0% ( 16.0 % )', '15.3% ( 15.3 % )']]\n\nFollowing Text:\nin october 2010 , we completed the acquisition of hewitt , one of the world 2019s leading human resource consulting and outsourcing companies .\nhewitt operates globally together with aon 2019s existing consulting and outsourcing operations under the newly created aon hewitt brand .\nhewitt 2019s operating results are included in aon 2019s results of operations beginning october 1 , 2010 .\nour hr solutions segment generated approximately 25% ( 25 % ) of our consolidated total revenues in 2010 and provides a broad range of human capital services , as follows : consulting services : 2022 health and benefits advises clients about how to structure , fund , and administer employee benefit programs that attract , retain , and motivate employees .\nbenefits consulting includes health and welfare , executive benefits , workforce strategies and productivity , absence management , benefits administration , data-driven health , compliance , employee commitment , investment advisory and elective benefits services .\n2022 retirement specializes in global actuarial services , defined contribution consulting , investment consulting , tax and erisa consulting , and pension administration .\n2022 compensation focuses on compensatory advisory/counsel including : compensation planning design , executive reward strategies , salary survey and benchmarking , market share studies and sales force effectiveness , with special expertise in the financial services and technology industries .\n2022 strategic human capital delivers advice to complex global organizations on talent , change and organizational effectiveness issues , including talent strategy and acquisition , executive on-boarding , performance management , leadership assessment and development , communication strategy , workforce training and change management .\noutsourcing services : 2022 benefits outsourcing applies our hr expertise primarily through defined benefit ( pension ) , defined contribution ( 401 ( k ) ) , and health and welfare administrative services .\nour model replaces the resource-intensive processes once required to administer benefit plans with more efficient , effective , and less costly solutions .\n2022 human resource business processing outsourcing ( 2018 2018hr bpo 2019 2019 ) provides market-leading solutions to manage employee data ; administer benefits , payroll and other human resources processes ; and record and manage talent , workforce and other core hr process transactions as well as other complementary services such as absence management , flexible spending , dependent audit and participant advocacy .\nbeginning in late 2008 , the disruption in the global credit markets and the deterioration of the financial markets created significant uncertainty in the marketplace .\nweak economic conditions globally continued throughout 2010 .\nthe prolonged economic downturn is adversely impacting our clients 2019 financial condition and therefore the levels of business activities in the industries and geographies where we operate .\nwhile we believe that the majority of our practices are well positioned to manage through this time , these challenges are reducing demand for some of our services and putting .\n\nQuestion: if hr solutions generated 25% ( 25 % ) of total revenues , what are the total revenue for aon in 2010 , ( in millions ) ?",
        "solution": "8444.0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2018/page_47.pdf\n\nID: RSG/2018/page_47.pdf-2\n\nPrevious Text:\nincremental contract start-up costs 2014large municipal contract .\nduring 2018 and 2017 , we incurred costs of $ 5.7 million and $ 8.2 million , respectively , related to the implementation of a large municipal contract .\nthese costs did not meet the capitalization criteria prescribed by the new revenue recognition standard .\nadoption of the tax act .\nthe tax act was enacted on december 22 , 2017 .\namong other things , the tax act reduced the u.s .\nfederal corporate tax rate from 35% ( 35 % ) to 21% ( 21 % ) .\nfor the year ended december 31 , 2017 , we recorded provisional amounts based on our estimates of the tax act 2019s effect to our deferred taxes , uncertain tax positions , and one-time transition tax .\nthese adjustments reduced our tax provision by $ 463.9 million .\nduring 2018 , we adjusted the provisional amounts recorded as of december 31 , 2017 for the one-time transition tax , deferred taxes and uncertain tax positions .\nthese adjustments increased our tax provision by $ 0.3 million .\nbridgeton insurance recovery , net .\nduring 2018 , we collected an insurance recovery of $ 40.0 million related to our closed bridgeton landfill in missouri , which we recognized as a reduction of remediation expenses in our cost of operations .\nin addition , we incurred $ 12.0 million of incremental costs attributable to the bridgeton insurance recovery .\nrecent developments 2019 financial guidance in 2019 , we will continue to focus on managing the controllable aspects of our business by enhancing the quality of our revenue , investing in profitable growth opportunities and reducing costs .\nour team remains focused on executing our strategy to deliver consistent earnings and free cash flow growth , and improve return on invested capital .\nwe are committed to an efficient capital structure , maintaining our investment grade credit ratings and increasing cash returned to our shareholders .\nour guidance is based on current economic conditions and does not assume any significant changes in the overall economy in 2019 .\nspecific guidance follows : revenue we expect 2019 revenue to increase by approximately 4.25 to 4.75% ( 4.75 % ) comprised of the following : increase ( decrease ) .\n\nTable Data:\n[['', 'increase ( decrease )'], ['average yield', '2.75% ( 2.75 % )'], ['volume', '0.0 to 0.25'], ['energy services', '2013'], ['fuel recovery fees', '0.25'], ['recycling processing and commodity sales', '0.25 to 0.5'], ['acquisitions / divestitures net', '1.0'], ['total change', '4.25 to 4.75% ( 4.75 % )']]\n\nFollowing Text:\nchanges in price are restricted on approximately 50% ( 50 % ) of our annual service revenue .\nthe majority of these restricted pricing arrangements are tied to fluctuations in a specific index ( primarily a consumer price index ) as defined in the contract .\nthe consumer price index varies from a single historical stated period of time or an average of trailing historical rates over a stated period of time .\nin addition , the initial effect of pricing resets typically lags 6 to 12 months from the end of the index measurement period to the date the revised pricing goes into effect .\nas a result , current changes in a specific index may not manifest themselves in our reported pricing for several quarters into the future. .\n\nQuestion: what is the ratio of the acquisitions / divestitures net to the fuel recovery fees as part of the expected 2019 revenue to increase",
        "solution": "4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAR/2005/page_52.pdf\n\nID: MAR/2005/page_52.pdf-1\n\nPrevious Text:\nfair value of financial instruments we believe that the fair values of current assets and current liabilities approximate their reported carrying amounts .\nthe fair values of non-current financial assets , liabilities and derivatives are shown in the following table. .\n\nTable Data:\n[['( $ in millions )', '2005 carrying amount', '2005 fair value', '2005 carrying amount', 'fair value'], ['notes and other long-term assets', '$ 1374', '$ 1412', '$ 1702', '$ 1770'], ['long-term debt and other long-term liabilities', '$ 1636', '$ 1685', '$ 848', '$ 875'], ['derivative instruments', '$ 6', '$ 6', '$ 2014', '$ 2014']]\n\nFollowing Text:\nwe value notes and other receivables based on the expected future cash flows dis- counted at risk-adjusted rates .\nwe determine valuations for long-term debt and other long-term liabilities based on quoted market prices or expected future payments dis- counted at risk-adjusted rates .\nderivative instruments during 2003 , we entered into an interest rate swap agreement under which we receive a floating rate of interest and pay a fixed rate of interest .\nthe swap modifies our interest rate exposure by effectively converting a note receivable with a fixed rate to a floating rate .\nthe aggregate notional amount of the swap is $ 92 million and it matures in 2010 .\nthe swap is classified as a fair value hedge under fas no .\n133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas no .\n133 201d ) , and the change in the fair value of the swap , as well as the change in the fair value of the underlying note receivable , is recognized in interest income .\nthe fair value of the swap was a $ 1 million asset at year-end 2005 , and a $ 3 million liability at year-end 2004 .\nthe hedge is highly effective , and therefore , no net gain or loss was reported during 2005 , 2004 , and 2003 .\nduring 2005 , we entered into two interest rate swap agreements to manage the volatil- ity of the u.s .\ntreasury component of the interest rate risk associated with the forecasted issuance our series f senior notes and the exchange of our series c and e senior notes for new series g senior notes .\nboth swaps were designated as cash flow hedges under fas no .\n133 and were terminated upon pricing of the notes .\nboth swaps were highly effective in offsetting fluctuations in the u.s .\ntreasury component .\nthus , there was no net gain or loss reported in earnings during 2005 .\nthe total amount for these swaps was recorded in other comprehensive income and was a net loss of $ 2 million during 2005 , which will be amortized to interest expense using the interest method over the life of the notes .\nat year-end 2005 , we had six outstanding interest rate swap agreements to manage interest rate risk associated with the residual interests we retain in conjunction with our timeshare note sales .\nhistorically , we were required by purchasers and/or rating agen- cies to utilize interest rate swaps to protect the excess spread within our sold note pools .\nthe aggregate notional amount of the swaps is $ 380 million , and they expire through 2022 .\nthese swaps are not accounted for as hedges under fas no .\n133 .\nthe fair value of the swaps is a net asset of $ 5 million at year-end 2005 , and a net asset of approximately $ 3 million at year-end 2004 .\nwe recorded a $ 2 million net gain during 2005 and 2004 , and a $ 3 million net gain during 2003 .\nduring 2005 , 2004 , and 2003 , we entered into interest rate swaps to manage interest rate risk associated with forecasted timeshare note sales .\nduring 2005 , one swap was designated as a cash flow hedge under fas no .\n133 and was highly effective in offsetting interest rate fluctuations .\nthe amount of the ineffectiveness is immaterial .\nthe second swap entered into in 2005 did not qualify for hedge accounting .\nthe non-qualifying swaps resulted in a loss of $ 3 million during 2005 , a gain of $ 2 million during 2004 and a loss of $ 4 million during 2003 .\nthese amounts are included in the gains from the sales of timeshare notes receivable .\nduring 2005 , 2004 , and 2003 , we entered into forward foreign exchange contracts to manage the foreign currency exposure related to certain monetary assets .\nthe aggregate dollar equivalent of the notional amount of the contracts is $ 544 million at year-end 2005 .\nthe forward exchange contracts do not qualify as hedges in accordance with fas no .\n133 .\nthe fair value of the forward contracts is a liability of $ 2 million at year-end 2005 and zero at year-end 2004 .\nwe recorded a $ 26 million gain during 2005 and a $ 3 million and $ 2 million net loss during 2004 and 2003 , respectively , relating to these forward foreign exchange contracts .\nthe net gains and losses for all years were offset by income and losses recorded from translating the related monetary assets denominated in foreign currencies into u.s .\ndollars .\nduring 2005 , 2004 , and 2003 , we entered into foreign exchange option and forward contracts to hedge the potential volatility of earnings and cash flows associated with variations in foreign exchange rates .\nthe aggregate dollar equivalent of the notional amounts of the contracts is $ 27 million at year-end 2005 .\nthese contracts have terms of less than one year and are classified as cash flow hedges .\nchanges in their fair values are recorded as a component of other comprehensive income .\nthe fair value of the option contracts is approximately zero at year-end 2005 and 2004 .\nduring 2004 , it was deter- mined that certain derivatives were no longer effective in offsetting the hedged item .\nthus , cash flow hedge accounting treatment was discontinued and the ineffective con- tracts resulted in a loss of $ 1 million , which was reported in earnings for 2004 .\nthe remaining hedges were highly effective and there was no net gain or loss reported in earnings for 2005 , 2004 , and 2003 .\nas of year-end 2005 , there were no deferred gains or losses on existing contracts accumulated in other comprehensive income that we expect to reclassify into earnings over the next year .\nduring 2005 , we entered into forward foreign exchange contracts to manage currency exchange rate volatility associated with certain investments in foreign operations .\none contract was designated as a hedge in the net investment of a foreign operation under fas no .\n133 .\nthe hedge was highly effective and resulted in a $ 1 million net loss in the cumulative translation adjustment at year-end 2005 .\ncertain contracts did not qualify as hedges under fas no .\n133 and resulted in a gain of $ 3 million for 2005 .\nthe contracts offset the losses associated with translation adjustments for various investments in for- eign operations .\nthe contracts have an aggregate dollar equivalent of the notional amounts of $ 229 million and a fair value of approximately zero at year-end 2005 .\ncontingencies guarantees we issue guarantees to certain lenders and hotel owners primarily to obtain long-term management contracts .\nthe guarantees generally have a stated maximum amount of funding and a term of five years or less .\nthe terms of guarantees to lenders generally require us to fund if cash flows from hotel operations are inadequate to cover annual debt service or to repay the loan at the end of the term .\nthe terms of the guarantees to hotel owners generally require us to fund if the hotels do not attain specified levels of 5 0 | m a r r i o t t i n t e r n a t i o n a l , i n c .\n2 0 0 5 .\n\nQuestion: what is the potential gain if the notes and other long-term assets had been sold at the end of 2005?",
        "solution": "38"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2017/page_105.pdf\n\nID: BKR/2017/page_105.pdf-2\n\nPrevious Text:\nbaker hughes , a ge company notes to consolidated and combined financial statements bhge 2017 form 10-k | 85 the total intrinsic value of rsus ( defined as the value of the shares awarded at the current market price ) vested and outstanding in 2017 was $ 17 million and $ 38 million , respectively .\nthe total fair value of rsus vested in 2017 was $ 19 million .\nas of december 31 , 2017 , there was $ 98 million of total unrecognized compensation cost related to unvested rsus , which is expected to be recognized over a weighted average period of 2.5 years .\nnote 12 .\nequity common stock we are authorized to issue 2 billion shares of class a common stock , 1.25 billion shares of class b common stock and 50 million shares of preferred stock each of which have a par value of $ 0.0001 per share .\non july 3 , 2017 , each share of baker hughes common stock was converted into one share of class a common stock in the company .\nthe number of class a common stock and class b common stock shares outstanding at december 31 , 2017 is 422 million and 707 million , respectively .\nwe have not issued any preferred stock .\nge owns all the issued and outstanding class b common stock .\neach share of class a and class b common stock and the associated membership interest in bhge llc form a paired interest .\nwhile each share of class b common stock has equal voting rights to a share of class a common stock , it has no economic rights , meaning holders of class b common stock have no right to dividends and any assets in the event of liquidation of the company .\nformer baker hughes stockholders immediately after the completion of the transactions received a special one-time cash dividend of $ 17.50 per share paid by the company to holders of record of the company's class a common stock .\nin addition , during 2017 the company declared and paid regular dividends of $ 0.17 per share and $ 0.18 per share to holders of record of the company's class a common stock during the quarters ended september 30 , 2017 and december 31 , 2017 , respectively .\nthe following table presents the changes in number of shares outstanding ( in thousands ) : class a common class b common .\n\nTable Data:\n[['', 'class a common stock', 'class b common stock'], ['balance at december 31 2016', '2014', '2014'], ['issue of shares on business combination at july 3 2017', '427709', '717111'], ['issue of shares upon vesting of restricted stock units ( 1 )', '290', '2014'], ['issue of shares on exercises of stock options ( 1 )', '256', '2014'], ['stock repurchase program ( 2 ) ( 3 )', '-6047 ( 6047 )', '-10126 ( 10126 )'], ['balance at december 31 2017', '422208', '706985']]\n\nFollowing Text:\n( 1 ) share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation .\n( 2 ) on november 2 , 2017 , our board of directors authorized bhge llc to repurchase up to $ 3 billion of its common units from the company and ge .\nthe proceeds of this repurchase are to be used by bhge to repurchase class a common stock of the company on the open market , which if fully implemented would result in the repurchase of approximately $ 1.1 billion of class a common stock .\nthe class b common stock of the company , that is paired with repurchased common units , was repurchased by the company at par value .\nthe $ 3 billion repurchase authorization is the aggregate authorization for repurchases of class a and class b common stock together with its paired unit .\nbhge llc had authorization remaining to repurchase up to approximately $ 2.5 billion of its common units from bhge and ge at december 31 , 2017 .\n( 3 ) during 2017 , we repurchased and canceled 6046735 shares of class a common stock for a total of $ 187 million .\nwe also repurchased and canceled 10126467 shares of class b common stock from ge which is paired together with common units of bhge llc for $ 314 million. .\n\nQuestion: what portion of the authorized shares of class b common stock is outstanding as of december 31 , 2017?",
        "solution": "56.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_19.pdf\n\nID: ETR/2017/page_19.pdf-1\n\nPrevious Text:\nresults of operations for 2016 include : 1 ) $ 2836 million ( $ 1829 million net-of-tax ) of impairment and related charges primarily to write down the carrying values of the entergy wholesale commodities 2019 palisades , indian point 2 , and indian point 3 plants and related assets to their fair values ; 2 ) a reduction of income tax expense , net of unrecognized tax benefits , of $ 238 million as a result of a change in the tax classification of a legal entity that owned one of the entergy wholesale commodities nuclear power plants ; income tax benefits as a result of the settlement of the 2010-2011 irs audit , including a $ 75 million tax benefit recognized by entergy louisiana related to the treatment of the vidalia purchased power agreement and a $ 54 million net benefit recognized by entergy louisiana related to the treatment of proceeds received in 2010 for the financing of hurricane gustav and hurricane ike storm costs pursuant to louisiana act 55 ; and 3 ) a reduction in expenses of $ 100 million ( $ 64 million net-of-tax ) due to the effects of recording in 2016 the final court decisions in several lawsuits against the doe related to spent nuclear fuel storage costs .\nsee note 14 to the financial statements for further discussion of the impairment and related charges , see note 3 to the financial statements for additional discussion of the income tax items , and see note 8 to the financial statements for discussion of the spent nuclear fuel litigation .\nnet revenue utility following is an analysis of the change in net revenue comparing 2017 to 2016 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2016 net revenue', '$ 6179'], ['retail electric price', '91'], ['regulatory credit resulting from reduction of thefederal corporate income tax rate', '56'], ['grand gulf recovery', '27'], ['louisiana act 55 financing savings obligation', '17'], ['volume/weather', '-61 ( 61 )'], ['other', '9'], ['2017 net revenue', '$ 6318']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to : 2022 the implementation of formula rate plan rates effective with the first billing cycle of january 2017 at entergy arkansas and an increase in base rates effective february 24 , 2016 , each as approved by the apsc .\na significant portion of the base rate increase was related to the purchase of power block 2 of the union power station in march 2016 ; 2022 a provision recorded in 2016 related to the settlement of the waterford 3 replacement steam generator prudence review proceeding ; 2022 the implementation of the transmission cost recovery factor rider at entergy texas , effective september 2016 , and an increase in the transmission cost recovery factor rider rate , effective march 2017 , as approved by the puct ; and 2022 an increase in rates at entergy mississippi , as approved by the mpsc , effective with the first billing cycle of july 2016 .\nsee note 2 to the financial statements for further discussion of the rate proceedings and the waterford 3 replacement steam generator prudence review proceeding .\nsee note 14 to the financial statements for discussion of the union power station purchase .\nentergy corporation and subsidiaries management 2019s financial discussion and analysis .\n\nQuestion: what was the percent of the change in the net revenue from 2016 to 2017",
        "solution": "2.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2008/page_88.pdf\n\nID: AMT/2008/page_88.pdf-2\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 6 .\nlong-term obligations outstanding amounts under the company 2019s long-term financing arrangements consist of the following as of december 31 , ( in thousands ) : .\n\nTable Data:\n[['', '2008', '2007'], ['commercial mortgage pass-through certificates series 2007-1', '$ 1750000', '$ 1750000'], ['revolving credit facility', '750000', '825000'], ['term loan', '325000', '2014'], ['7.25% ( 7.25 % ) senior subordinated notes', '288', '288'], ['7.50% ( 7.50 % ) senior notes', '225000', '225000'], ['7.125% ( 7.125 % ) senior notes', '501107', '502202'], ['7.00% ( 7.00 % ) senior notes', '500000', '500000'], ['5.0% ( 5.0 % ) convertible notes', '59683', '59683'], ['3.25% ( 3.25 % ) convertible notes', '2014', '18333'], ['3.00% ( 3.00 % ) convertible notes', '161893', '344568'], ['other convertible notes', '41', '41'], ['notes payable and capital leases', '60134', '60169'], ['total', '4333146', '4285284'], ['less current portion of long-term obligations', '-1837 ( 1837 )', '-1817 ( 1817 )'], ['long-term obligations', '$ 4331309', '$ 4283467']]\n\nFollowing Text:\ncommercial mortgage pass-through certificates , series 2007-1 2014during the year ended december 31 , 2007 , the company completed a securitization transaction ( the securitization ) involving assets related to 5295 broadcast and wireless communications towers ( the secured towers ) owned by two special purpose subsidiaries of the company , through a private offering of $ 1.75 billion of commercial mortgage pass-through certificates , series 2007-1 ( the certificates ) .\nthe certificates were issued by american tower trust i ( the trust ) , a trust established by american tower depositor sub , llc ( the depositor ) , an indirect wholly owned special purpose subsidiary of the company .\nthe assets of the trust consist of a recourse loan ( the loan ) initially made by the depositor to american tower asset sub , llc and american tower asset sub ii , llc ( the borrowers ) , pursuant to a loan and security agreement among the foregoing parties dated as of may 4 , 2007 ( the loan agreement ) .\nthe borrowers are special purpose entities formed solely for the purpose of holding the secured towers subject to the securitization .\nthe certificates were issued in seven separate classes , comprised of class a-fx , class a-fl , class b , class c , class d , class e and class f .\neach of the certificates in classes b , c , d , e and f are subordinated in right of payment to any other class of certificates which has an earlier alphabetical designation .\nthe certificates were issued with terms identical to the loan except for the class a-fl certificates , which bear interest at a floating rate while the related component of the loan bears interest at a fixed rate , as described below .\nthe various classes of certificates were issued with a weighted average interest rate of approximately 5.61% ( 5.61 % ) .\nthe certificates have an expected life of approximately seven years with a final repayment date in april 2037 .\nthe company used the net proceeds from the securitization to repay all amounts outstanding under the spectrasite credit facilities , including approximately $ 765.0 million in principal , plus accrued interest thereon and other costs and expenses related thereto , as well as to repay approximately $ 250.0 million drawn under the revolving loan component of the credit facilities at the american tower operating company level .\nan additional $ 349.5 million of the proceeds was used to fund the company 2019s tender offer and consent solicitation for the ati .\n\nQuestion: what was the change in thousands in total outstandings under long term financing arrangements from 2007 to 2008?",
        "solution": "47862"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TROW/2011/page_13.pdf\n\nID: TROW/2011/page_13.pdf-3\n\nPrevious Text:\n2322 t .\nr 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 .\nother 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 .\nbecause these obligations are generally of a normal recurring nature , we expect that we will fund them from future cash flows from operations .\nthe 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 .\nthe 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. .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nwe 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 .\nc 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 .\nfurther , 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 .\nmaking 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 .\naccordingly , 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 .\nwe 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 .\nin 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 .\nother than temporary impairments of available-for-sale securities .\nwe 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 .\nat 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 .\nwe next review each individual security position that has an unrealized loss or impairment to determine if that impairment is other than temporary .\nin 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 .\nsubject 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 .\nwe 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 .\nan 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 .\nminor impairments of 5% ( 5 % ) or less are generally considered temporary .\nother than temporary impairments of equity method investments .\nwe 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 .\ngoodwill .\nwe internally conduct , manage and report our operations as one investment advisory business .\nwe do not have distinct operating segments or components that separately constitute a business .\naccordingly , we attribute goodwill to a single reportable business segment and reporting unit 2014our investment advisory business .\nwe 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 .\ngoodwill would be considered impaired whenever our historical carrying amount exceeds the fair value of our investment advisory business .\nour 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 .\nshould 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 .\nwe 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 .\nthe maximum future impairment of goodwill that we could incur is the amount recognized in our balance sheet , $ 665.7 a0million .\nstock options .\nwe recognize stock option-based compensation expense in our consolidated statement of income using a fair value based method .\nfair 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 .\nthe 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 .\nour 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 .\nunlike 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 .\nprovision for income taxes .\nafter compensation and related costs , our provision for income taxes on our earnings is our largest annual expense .\nwe 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 .\naccordingly , 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 .\nannually , we file tax returns that represent our filing positions with each jurisdiction and settle our return liabilities .\neach jurisdiction has the right to audit those returns and may take different positions with respect to income and expense allocations and taxable earnings determinations .\nfrom 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 .\nbecause 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 .\nas 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 .\nwe recognize any such prior period adjustment in the discrete quarterly period in which it is determined .\nn 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 .\nwe do not believe the adoption of such amended guidance on january 1 , 2012 , will have a significant effect on our consolidated financial statements .\nwe 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 .\nwe do not believe that any such guidance will have a material effect on our financial position or results of operation. .\n\nQuestion: what is the percent change in other purchase commitments between 2013-14 and 2015-16?",
        "solution": "-74%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MMM/2015/page_19.pdf\n\nID: MMM/2015/page_19.pdf-2\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .\nequity compensation plans 2019 information is incorporated by reference from part iii , item 12 , 201csecurity ownership of certain beneficial owners and management and related stockholder matters , 201d of this document , and should be considered an integral part of item 5 .\nat january 31 , 2016 , there were 84607 shareholders of record .\n3m 2019s stock is listed on the new york stock exchange , inc .\n( nyse ) , the chicago stock exchange , inc. , and the swx swiss exchange .\ncash dividends declared and paid totaled $ 1.025 per share for each of the second , third , and fourth quarters of 2015 .\ncash dividends declared in the fourth quarter of 2014 included a dividend paid in november 2014 of $ 0.855 per share and a dividend paid in march 2015 of $ 1.025 per share .\ncash dividends declared and paid totaled $ 0.855 per share for each of the second and third quarters of 2014 .\ncash dividends declared in the fourth quarter of 2013 include a dividend paid in march 2014 of $ 0.855 per share .\nstock price comparisons follow : stock price comparisons ( nyse composite transactions ) .\n\nTable Data:\n[['( per share amounts )', 'first quarter', 'second quarter', 'third quarter', 'fourth quarter', 'total'], ['2015 high', '$ 170.50', '$ 167.70', '$ 157.94', '$ 160.09', '$ 170.50'], ['2015 low', '157.74', '153.92', '134.00', '138.57', '134.00'], ['2014 high', '$ 139.29', '$ 145.53', '$ 147.87', '$ 168.16', '$ 168.16'], ['2014 low', '123.61', '132.02', '138.43', '130.60', '123.61']]\n\nFollowing Text:\nissuer purchases of equity securities repurchases of 3m common stock are made to support the company 2019s stock-based employee compensation plans and for other corporate purposes .\nin february 2014 , 3m 2019s board of directors authorized the repurchase of up to $ 12 billion of 3m 2019s outstanding common stock , with no pre-established end date .\nin february 2016 , 3m 2019s board of directors replaced the company 2019s february 2014 repurchase program with a new repurchase program .\nthis new program authorizes the repurchase of up to $ 10 billion of 3m 2019s outstanding common stock , with no pre-established end date. .\n\nQuestion: in february 2016 what was the percent reduction in the board of directors authorized the repurchase to the february 2014",
        "solution": "16.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2010/page_79.pdf\n\nID: UNP/2010/page_79.pdf-4\n\nPrevious Text:\n2010 .\non november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 .\nthe redemption resulted in a $ 5 million early extinguishment charge .\nreceivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility .\n( see further discussion of our receivables securitization facility in note 10. ) 15 .\nvariable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) .\nthese vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions .\nwithin these lease arrangements , we have the right to purchase some or all of the assets at fixed prices .\ndepending 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 .\nwe maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry .\nas such , we have no control over activities that could materially impact the fair value of the leased assets .\nwe 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 .\nadditionally , 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 .\nthe future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 .\n16 .\nleases we lease certain locomotives , freight cars , and other property .\nthe consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 , 2010 , were as follows : millions operating leases capital leases .\n\nTable Data:\n[['millions', 'operatingleases', 'capitalleases'], ['2011', '$ 613', '$ 311'], ['2012', '526', '251'], ['2013', '461', '253'], ['2014', '382', '261'], ['2015', '340', '262'], ['later years', '2599', '1355'], ['total minimum lease payments', '$ 4921', '$ 2693'], ['amount representing interest', 'n/a', '-784 ( 784 )'], ['present value of minimum lease payments', 'n/a', '$ 1909']]\n\nFollowing Text:\nthe majority of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant. .\n\nQuestion: what is the average rent expense for operating leases with terms exceeding one month from 2008-2010 , in millions?",
        "solution": "685.67"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: NWS/2019/page_120.pdf\n\nID: NWS/2019/page_120.pdf-2\n\nPrevious Text:\nnews corporation notes to the consolidated financial statements consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill .\nthe allocation is as follows ( in millions ) : assets acquired: .\n\nTable Data:\n[['intangible assets', '$ 220'], ['goodwill', '115'], ['net liabilities', '-50 ( 50 )'], ['total net assets acquired', '$ 285']]\n\nFollowing Text:\nthe acquired intangible assets primarily relate to broadcast licenses , which have a fair value of approximately $ 185 million , tradenames , which have a fair value of approximately $ 27 million , and customer relationships with a fair value of approximately $ 8 million .\nthe broadcast licenses and tradenames have indefinite lives and the customer relationships are being amortized over a weighted-average useful life of approximately 6 years .\nwireless group 2019s results are included within the news and information services segment , and it is considered a separate reporting unit for purposes of the company 2019s annual goodwill impairment review .\nrea group european business in december 2016 , rea group , in which the company holds a 61.6% ( 61.6 % ) interest , sold its european business for approximately $ 140 million ( approximately 20ac133 million ) in cash , which resulted in a pre-tax gain of $ 107 million for the fiscal year ended june 30 , 2017 .\nthe sale allows rea group to focus on its core businesses in australia and asia .\nin addition to the acquisitions noted above and the investments referenced in note 6 2014investments , the company used $ 62 million of cash for additional acquisitions during fiscal 2017 , primarily consisting of australian regional media ( 201carm 201d ) .\narm 2019s results are included within the news and information services segment .\nnote 5 .\nrestructuring programs the company recorded restructuring charges of $ 92 million , $ 71 million and $ 142 million for the fiscal years ended june 30 , 2019 , 2018 and 2017 , respectively , of which $ 77 million , $ 58 million and $ 133 million related to the news and information services segment , respectively .\nthe restructuring charges recorded in fiscal 2019 , 2018 and 2017 were primarily for employee termination benefits. .\n\nQuestion: what percent of total net assets acquired was intangible assets?",
        "solution": "77%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_99.pdf\n\nID: ADBE/2014/page_99.pdf-2\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) note 15 .\ncommitments and contingencies lease commitments we lease certain of our facilities and some of our equipment under non-cancellable operating lease arrangements that expire at various dates through 2028 .\nwe also have one land lease that expires in 2091 .\nrent expense includes base contractual rent and variable costs such as building expenses , utilities , taxes , insurance and equipment rental .\nrent expense and sublease income for these leases for fiscal 2014 , 2013 and 2012 were as follows ( in thousands ) : .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['rent expense', '$ 111149', '$ 118976', '$ 105809'], ['less : sublease income', '1412', '3057', '2330'], ['net rent expense', '$ 109737', '$ 115919', '$ 103479']]\n\nFollowing Text:\nwe occupy three office buildings in san jose , california where our corporate headquarters are located .\nwe reference these office buildings as the almaden tower and the east and west towers .\nin august 2014 , we exercised our option to purchase the east and west towers for a total purchase price of $ 143.2 million .\nupon purchase , our investment in the lease receivable of $ 126.8 million was credited against the total purchase price and we were no longer required to maintain a standby letter of credit as stipulated in the east and west towers lease agreement .\nwe capitalized the east and west towers as property and equipment on our consolidated balance sheets at $ 144.1 million , the lesser of cost or fair value , which represented the total purchase price plus other direct costs associated with the purchase .\nsee note 6 for discussion of our east and west towers purchase .\nthe lease agreement for the almaden tower is effective through march 2017 .\nwe are the investors in the lease receivable related to the almaden tower lease in the amount of $ 80.4 million , which is recorded as investment in lease receivable on our consolidated balance sheets .\nas of november 28 , 2014 , the carrying value of the lease receivable related to the almaden tower approximated fair value .\nunder the agreement for the almaden tower , we have the option to purchase the building at any time during the lease term for $ 103.6 million .\nif we purchase the building , the investment in the lease receivable may be credited against the purchase price .\nthe residual value guarantee under the almaden tower obligation is $ 89.4 million .\nthe almaden tower lease is subject to standard covenants including certain financial ratios that are reported to the lessor quarterly .\nas of november 28 , 2014 , we were in compliance with all of the covenants .\nin the case of a default , the lessor may demand we purchase the building for an amount equal to the lease balance , or require that we remarket or relinquish the building .\nif we choose to remarket or are required to do so upon relinquishing the building , we are bound to arrange the sale of the building to an unrelated party and will be required to pay the lessor any shortfall between the net remarketing proceeds and the lease balance , up to the residual value guarantee amount less our investment in lease receivable .\nthe almaden tower lease qualifies for operating lease accounting treatment and , as such , the building and the related obligation are not included in our consolidated balance sheets .\nsee note 16 for discussion of our capital lease obligation .\nunconditional purchase obligations our purchase obligations consist of agreements to purchase goods and services entered into in the ordinary course of business. .\n\nQuestion: what portion of the rent expense is covered through sublease income in 2014?",
        "solution": "1.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2010/page_144.pdf\n\nID: JPM/2010/page_144.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis 144 jpmorgan chase & co./2010 annual report compared with $ 57 million for 2009 .\ndecreases in cio and mort- gage banking var for 2010 were again driven by the decline in market volatility and position changes .\nthe decline in mortgage banking var at december 31 , 2010 , reflects management 2019s deci- sion to reduce risk given market volatility at the time .\nthe firm 2019s average ib and other var diversification benefit was $ 59 million or 37% ( 37 % ) of the sum for 2010 , compared with $ 82 million or 28% ( 28 % ) of the sum for 2009 .\nthe firm experienced an increase in the diversification benefit in 2010 as positions changed and correla- tions decreased .\nin general , over the course of the year , var expo- sure can vary significantly as positions change , market volatility fluctuates and diversification benefits change .\nvar back-testing the firm conducts daily back-testing of var against its market risk- related revenue , which is defined as the change in value of : princi- pal transactions revenue for ib and cio ( less private equity gains/losses and revenue from longer-term cio investments ) ; trading-related net interest income for ib , cio and mortgage bank- ing ; ib brokerage commissions , underwriting fees or other revenue ; revenue from syndicated lending facilities that the firm intends to distribute ; and mortgage fees and related income for the firm 2019s mortgage pipeline and warehouse loans , msrs , and all related hedges .\ndaily firmwide market risk 2013related revenue excludes gains and losses from dva .\nthe following histogram illustrates the daily market risk 2013related gains and losses for ib , cio and mortgage banking positions for 2010 .\nthe chart shows that the firm posted market risk 2013related gains on 248 out of 261 days in this period , with 12 days exceeding $ 210 million .\nthe inset graph looks at those days on which the firm experienced losses and depicts the amount by which the 95% ( 95 % ) confidence-level var ex- ceeded the actual loss on each of those days .\nduring 2010 , losses were sustained on 13 days , none of which exceeded the var measure .\ndaily ib and other market risk-related gains and losses ( 95% ( 95 % ) confidence-level var ) year ended december 31 , 2010 average daily revenue : $ 87 million $ in millions $ in millions daily ib and other var less market risk-related losses the following table provides information about the gross sensitivity of dva to a one-basis-point increase in jpmorgan chase 2019s credit spreads .\nthis sensitivity represents the impact from a one-basis-point parallel shift in jpmorgan chase 2019s entire credit curve .\nas credit curves do not typically move in a parallel fashion , the sensitivity multiplied by the change in spreads at a single maturity point may not be representative of the actual revenue recognized .\ndebit valuation adjustment sensitivity 1 basis point increase in december 31 , ( in millions ) jpmorgan chase 2019s credit spread .\n\nTable Data:\n[['december 31 ( in millions )', '1 basis point increase in jpmorgan chase 2019s credit spread'], ['2010', '$ 35'], ['2009', '$ 39']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in average ib and other var diversification benefit in millions during 2010?",
        "solution": "-23"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2018/page_112.pdf\n\nID: ABMD/2018/page_112.pdf-3\n\nPrevious Text:\nnote 11 .\ncommitments and contingencies commitments leases the company fffds corporate headquarters is located in danvers , massachusetts .\nthis facility encompasses most of the company fffds u.s .\noperations , including research and development , manufacturing , sales and marketing and general and administrative departments .\nin october 2017 , the acquired its corporate headquarters for approximately $ 16.5 million and terminated its existing lease arrangement ( see note 6 ) .\nfuture minimum lease payments under non-cancelable leases as of march 31 , 2018 are approximately as follows : fiscal years ending march 31 , operating leases ( in $ 000s ) .\n\nTable Data:\n[['fiscal years ending march 31,', 'operating leases ( in $ 000s )'], ['2019', '$ 2078'], ['2020', '1888'], ['2021', '1901'], ['2022', '1408'], ['2023', '891'], ['thereafter', '1923'], ['total minimum lease payments', '$ 10089']]\n\nFollowing Text:\nin february 2017 , the company entered into a lease agreement for an additional 21603 square feet of office space in danvers , massachusetts which expires on july 31 , 2022 .\nin december 2017 , the company entered into an amendment to this lease to extend the term through august 31 , 2025 and to add an additional 6607 square feet of space in which rent would begin around june 1 , 2018 .\nthe amendment also allows the company a right of first offer to purchase the property from january 1 , 2018 through august 31 , 2035 , if the lessor decides to sell the building or receives an offer to purchase the building from a third-party buyer .\nin march 2018 , the company entered into an amendment to the lease to add an additional 11269 square feet of space for which rent will begin on or around june 1 , 2018 through august 31 , 2025 .\nthe annual rent expense for this lease agreement is estimated to be $ 0.4 million .\nin september 2016 , the company entered into a lease agreement in berlin , germany which commenced in may 2017 and expires in may 2024 .\nthe annual rent expense for the lease is estimated to be $ 0.3 million .\nin october 2016 , the company entered into a lease agreement for an office in tokyokk japan and expires in september 2021 .\nthe office houses administrative , regulatory , and training personnel in connection with the company fffds commercial launch in japan .\nthe annual rent expense for the lease is estimated to be $ 0.9 million .\nlicense agreements in april 2014 , the company entered into an exclusive license agreement for the rights to certain optical sensor technologies in the field of cardio-circulatory assist devices .\npursuant to the terms of the license agreement , the company agreed to make potential payments of $ 6.0 million .\nthrough march 31 , 2018 , the company has made $ 3.5 million in milestones payments which included a $ 1.5 million upfront payment upon the execution of the agreement .\nany potential future milestone payment amounts have not been included in the contractual obligations table above due to the uncertainty related to the successful achievement of these milestones .\ncontingencies from time to time , the company is involved in legal and administrative proceedings and claims of various types .\nin some actions , the claimants seek damages , as well as other relief , which , if granted , would require significant expenditures .\nthe company records a liability in its consolidated financial statements for these matters when a loss is known or considered probable and the amount can be reasonably estimated .\nthe company reviews these estimates each accounting period as additional information is known and adjusts the loss provision when appropriate .\nif a matter is both probable to result in liability and the amount of loss can be reasonably estimated , the company estimates and discloses the possible loss or range of loss .\nif the loss is not probable or cannot be reasonably estimated , a liability is not recorded in its consolidated financial statements. .\n\nQuestion: what is the expected growth rate in operating leases from 2020 to 2021?",
        "solution": "0.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2011/page_208.pdf\n\nID: PNC/2011/page_208.pdf-4\n\nPrevious Text:\nrecourse and repurchase obligations as discussed in note 3 loans sale and servicing activities and variable interest entities , pnc has sold commercial mortgage and residential mortgage loans directly or indirectly in securitizations and whole-loan sale transactions with continuing involvement .\none form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets in these transactions .\ncommercial mortgage loan recourse obligations we originate , close and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s dus program .\nwe participated in a similar program with the fhlmc .\nunder these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .\nat december 31 , 2011 and december 31 , 2010 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 13.0 billion and $ 13.2 billion , respectively .\nthe potential maximum exposure under the loss share arrangements was $ 4.0 billion at both december 31 , 2011 and december 31 , 2010 .\nwe maintain a reserve for estimated losses based upon our exposure .\nthe reserve for losses under these programs totaled $ 47 million and $ 54 million as of december 31 , 2011 and december 31 , 2010 , respectively , and is included in other liabilities on our consolidated balance sheet .\nif payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .\nour exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .\nanalysis of commercial mortgage recourse obligations .\n\nTable Data:\n[['in millions', '2011', '2010'], ['january 1', '$ 54', '$ 71'], ['reserve adjustments net', '1', '9'], ['losses 2013 loan repurchases and settlements', '-8 ( 8 )', '-2 ( 2 )'], ['loan sales', '', '-24 ( 24 )'], ['december 31', '$ 47', '$ 54']]\n\nFollowing Text:\nresidential mortgage loan and home equity repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .\nthese loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .\nresidential mortgage loans covered by these loan repurchase obligations include first and second-lien mortgage loans we have sold through agency securitizations , non-agency securitizations , and whole-loan sale transactions .\nas discussed in note 3 in this report , agency securitizations consist of mortgage loans sale transactions with fnma , fhlmc , and gnma , while non-agency securitizations and whole-loan sale transactions consist of mortgage loans sale transactions with private investors .\nour historical exposure and activity associated with agency securitization repurchase obligations has primarily been related to transactions with fnma and fhlmc , as indemnification and repurchase losses associated with fha and va-insured and uninsured loans pooled in gnma securitizations historically have been minimal .\nrepurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .\npnc 2019s repurchase obligations also include certain brokered home equity loans/lines that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition .\npnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of whole-loans sold in these transactions .\nrepurchase activity associated with brokered home equity loans/lines is reported in the non-strategic assets portfolio segment .\nloan covenants and representations and warranties are established through loan sale agreements with various investors to provide assurance that pnc has sold loans to investors of sufficient investment quality .\nkey aspects of such covenants and representations and warranties include the loan 2019s compliance with any applicable loan criteria established by the investor , including underwriting standards , delivery of all required loan documents to the investor or its designated party , sufficient collateral valuation , and the validity of the lien securing the loan .\nas a result of alleged breaches of these contractual obligations , investors may request pnc to indemnify them against losses on certain loans or to repurchase loans .\nthese investor indemnification or repurchase claims are typically settled on an individual loan basis through make- whole payments or loan repurchases ; however , on occasion we may negotiate pooled settlements with investors .\nindemnifications for loss or loan repurchases typically occur when , after review of the claim , we agree insufficient evidence exists to dispute the investor 2019s claim that a breach of a loan covenant and representation and warranty has occurred , such breach has not been cured , and the effect of such breach is deemed to have had a material and adverse effect on the value of the transferred loan .\ndepending on the sale agreement and upon proper notice from the investor , we typically respond to such indemnification and repurchase requests within 60 days , although final resolution of the claim may take a longer period of time .\nwith the exception of the sales the pnc financial services group , inc .\n2013 form 10-k 199 .\n\nQuestion: during 2011 , what was the change in reserve for estimated losses included in other liabilities on our consolidated balance sheet?",
        "solution": "7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2009/page_85.pdf\n\nID: GPN/2009/page_85.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value .\n\nTable Data:\n[['', 'share awards', 'weighted average grant-date fair value'], ['non-vested at may 31 2007', '278', '$ 37'], ['granted', '400', '38'], ['vested', '-136 ( 136 )', '30'], ['forfeited', '-24 ( 24 )', '40'], ['non-vested at may 31 2008', '518', '39'], ['granted', '430', '43'], ['vested', '-159 ( 159 )', '39'], ['forfeited', '-27 ( 27 )', '41'], ['non-vested at may 31 2009', '762', '42']]\n\nFollowing Text:\nthe weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .\nthe total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .\nwe recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .\nas of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .\nemployee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .\nemployees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .\nthe price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .\nas of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .\nthe weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .\nthese values represent the fair value of the 15% ( 15 % ) discount .\nnote 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .\nwe made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .\nbeginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .\nthe following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .\n\nQuestion: what was the percentage increase of total fair value of share awards vested from 2007 to 2009?",
        "solution": "265% increase"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WELL/2017/page_48.pdf\n\nID: WELL/2017/page_48.pdf-2\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations the following discussion and analysis is based primarily on the consolidated financial statements of welltower inc .\npresented in conformity with u.s .\ngenerally accepted accounting principles ( 201cu.s .\ngaap 201d ) for the periods presented and should be read together with the notes thereto contained in this annual report on form 10-k .\nother important factors are identified in 201citem 1 2014 business 201d and 201citem 1a 2014 risk factors 201d above .\nexecutive summary company overview welltower inc .\n( nyse:well ) , an s&p 500 company headquartered in toledo , ohio , is driving the transformation of health care infrastructure .\nthe company invests with leading seniors housing operators , post- acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people 2019s wellness and overall health care experience .\nwelltowertm , a real estate investment trust ( 201creit 201d ) , owns interests in properties concentrated in major , high-growth markets in the united states ( 201cu.s . 201d ) , canada and the united kingdom ( 201cu.k . 201d ) , consisting of seniors housing and post-acute communities and outpatient medical properties .\nour capital programs , when combined with comprehensive planning , development and property management services , make us a single-source solution for acquiring , planning , developing , managing , repositioning and monetizing real estate assets .\nthe following table summarizes our consolidated portfolio for the year ended december 31 , 2017 ( dollars in thousands ) : type of property noi ( 1 ) percentage of number of properties .\n\nTable Data:\n[['type of property', 'noi ( 1 )', 'percentage of noi', 'number of properties'], ['triple-net', '$ 967084', '43.3% ( 43.3 % )', '573'], ['seniors housing operating', '880026', '39.5% ( 39.5 % )', '443'], ['outpatient medical', '384068', '17.2% ( 17.2 % )', '270'], ['totals', '$ 2231178', '100.0% ( 100.0 % )', '1286']]\n\nFollowing Text:\n( 1 ) represents consolidated noi and excludes our share of investments in unconsolidated entities .\nentities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount .\nsee non-gaap financial measures for additional information and reconciliation .\nbusiness strategy our primary objectives are to protect stockholder capital and enhance stockholder value .\nwe seek to pay consistent cash dividends to stockholders and create opportunities to increase dividend payments to stockholders as a result of annual increases in net operating income and portfolio growth .\nto meet these objectives , we invest across the full spectrum of seniors housing and health care real estate and diversify our investment portfolio by property type , relationship and geographic location .\nsubstantially all of our revenues are derived from operating lease rentals , resident fees/services , and interest earned on outstanding loans receivable .\nthese items represent our primary sources of liquidity to fund distributions and depend upon the continued ability of our obligors to make contractual rent and interest payments to us and the profitability of our operating properties .\nto the extent that our obligors/partners experience operating difficulties and become unable to generate sufficient cash to make payments or operating distributions to us , there could be a material adverse impact on our consolidated results of operations , liquidity and/or financial condition .\nto mitigate this risk , we monitor our investments through a variety of methods determined by the type of property .\nour asset management process for seniors housing properties generally includes review of monthly financial statements and other operating data for each property , review of obligor/ partner creditworthiness , property inspections , and review of covenant compliance relating to licensure , real estate taxes , letters of credit and other collateral .\nour internal property management division manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations .\n\nQuestion: what portion of the total number of properties is related to triple-net?",
        "solution": "44.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TSCO/2018/page_31.pdf\n\nID: TSCO/2018/page_31.pdf-1\n\nPrevious Text:\nthe following is a list of distribution locations including the approximate square footage and if the location is leased or owned: .\n\nTable Data:\n[['distribution facility location', 'approximate square footage', 'owned/leased facility'], ['frankfort new york ( a )', '924000', 'owned'], ['franklin kentucky', '833000', 'owned'], ['pendleton indiana', '764000', 'owned'], ['macon georgia', '684000', 'owned'], ['waco texas', '666000', 'owned'], ['casa grande arizona', '650000', 'owned'], ['hagerstown maryland ( b )', '482000', 'owned'], ['hagerstown maryland ( b )', '309000', 'leased'], ['waverly nebraska', '592000', 'owned'], ['seguin texas ( c )', '71000', 'owned'], ['lakewood washington', '64000', 'leased'], ['longview texas ( c )', '63000', 'owned']]\n\nFollowing Text:\nlongview , texas ( c ) 63000 owned ( a ) the frankfort , new york , distribution center began receiving merchandise in fourth quarter of fiscal 2018 , and is expected to begin shipping merchandise to stores in the first quarter of fiscal 2019 .\n( b ) the leased distribution center in hagerstown is treated as an extension of the existing owned hagerstown location and is not considered a separate distribution center .\n( c ) this is a mixing center designed to process certain high-volume bulk products .\nthe company 2019s store support center occupies approximately 260000 square feet of owned building space in brentwood , tennessee , and the company 2019s merchandising innovation center occupies approximately 32000 square feet of leased building space in nashville , tennessee .\nthe company also leases approximately 8000 square feet of building space for the petsense corporate headquarters , located in scottsdale , arizona .\nitem 3 .\nlegal proceedings the company is involved in various litigation matters arising in the ordinary course of business .\nthe company believes that any estimated loss related to such matters has been adequately provided for in accrued liabilities to the extent probable and reasonably estimable .\naccordingly , the company currently expects these matters will be resolved without material adverse effect on its consolidated financial position , results of operations or cash flows .\nitem 4 .\nmine safety disclosures not applicable. .\n\nQuestion: what is the total texas facilities square footage?",
        "solution": "800000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKNG/2015/page_38.pdf\n\nID: BKNG/2015/page_38.pdf-1\n\nPrevious Text:\nmeasurement point december 31 the priceline group nasdaq composite index s&p 500 rdg internet composite .\n\nTable Data:\n[['measurement pointdecember 31', 'the priceline group inc .', 'nasdaqcomposite index', 's&p 500index', 'rdg internetcomposite'], ['2010', '100.00', '100.00', '100.00', '100.00'], ['2011', '117.06', '100.53', '102.11', '102.11'], ['2012', '155.27', '116.92', '118.45', '122.23'], ['2013', '290.93', '166.19', '156.82', '199.42'], ['2014', '285.37', '188.78', '178.29', '195.42'], ['2015', '319.10', '199.95', '180.75', '267.25']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in percentage change between the priceline group inc . and the nasdaq composite index for the five years ended 2015?",
        "solution": "119.15%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2018/page_50.pdf\n\nID: UNP/2018/page_50.pdf-3\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201ccompany 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations operations and segmentation 2013 we are a class i railroad operating in the u.s .\nour network includes 32236 route miles , linking pacific coast and gulf coast ports with the midwest and eastern u.s .\ngateways and providing several corridors to key mexican gateways .\nwe own 26039 miles and operate on the remainder pursuant to trackage rights or leases .\nwe serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough we provide and analyze revenue by commodity group , we treat the financial results of the railroad as one segment due to the integrated nature of our rail network .\nour operating revenues are primarily derived from contracts with customers for the transportation of freight from origin to destination .\neffective january 1 , 2018 , the company reclassified its six commodity groups into four : agricultural products , energy , industrial , and premium .\nthe following table represents a disaggregation of our freight and other revenues: .\n\nTable Data:\n[['millions', '2018', '2017', '2016'], ['agricultural products', '$ 4469', '$ 4303', '$ 4209'], ['energy', '4608', '4498', '3715'], ['industrial', '5679', '5204', '4964'], ['premium', '6628', '5832', '5713'], ['total freight revenues', '$ 21384', '$ 19837', '$ 18601'], ['other subsidiary revenues', '881', '885', '814'], ['accessorial revenues', '502', '458', '455'], ['other', '65', '60', '71'], ['total operating revenues', '$ 22832', '$ 21240', '$ 19941']]\n\nFollowing Text:\nalthough our revenues are principally derived from customers domiciled in the u.s. , the ultimate points of origination or destination for some products we transport are outside the u.s .\neach of our commodity groups includes revenue from shipments to and from mexico .\nincluded in the above table are freight revenues from our mexico business which amounted to $ 2.5 billion in 2018 , $ 2.3 billion in 2017 , and $ 2.2 billion in 2016 .\nbasis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the u.s .\n( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) .\n2 .\nsignificant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries .\ninvestments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting .\nall intercompany transactions are eliminated .\nwe currently have no less than majority-owned investments that require consolidation under variable interest entity requirements .\ncash , cash equivalents and restricted cash 2013 cash equivalents consist of investments with original maturities of three months or less .\namounts included in restricted cash represent those required to be set aside by contractual agreement. .\n\nQuestion: what percent of total operating revenues in 2017 were industrial?",
        "solution": "25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2016/page_79.pdf\n\nID: GS/2016/page_79.pdf-4\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries management 2019s discussion and analysis 2030 total aus net inflows/ ( outflows ) for 2014 includes $ 19 billion of fixed income asset inflows in connection with our acquisition of deutsche asset & wealth management 2019s stable value business and $ 6 billion of liquidity products inflows in connection with our acquisition of rbs asset management 2019s money market funds .\nthe table below presents our average monthly assets under supervision by asset class .\naverage for the year ended december $ in billions 2016 2015 2014 .\n\nTable Data:\n[['$ in billions', 'average for theyear ended december 2016', 'average for theyear ended december 2015', 'average for theyear ended december 2014'], ['alternative investments', '$ 149', '$ 145', '$ 145'], ['equity', '256', '247', '225'], ['fixed income', '578', '530', '499'], ['total long-term assets under supervision', '983', '922', '869'], ['liquidity products', '326', '272', '248'], ['total assets under supervision', '$ 1309', '$ 1194', '$ 1117']]\n\nFollowing Text:\noperating environment .\nfollowing a challenging first quarter of 2016 , market conditions continued to improve with higher asset prices resulting in full year appreciation in our client assets in both equity and fixed income assets .\nalso , our assets under supervision increased during 2016 from net inflows , primarily in fixed income assets , and liquidity products .\nthe mix of our average assets under supervision shifted slightly compared with 2015 from long- term assets under supervision to liquidity products .\nmanagement fees have been impacted by many factors , including inflows to advisory services and outflows from actively-managed mutual funds .\nin the future , if asset prices decline , or investors continue the trend of favoring assets that typically generate lower fees or investors withdraw their assets , net revenues in investment management would likely be negatively impacted .\nduring 2015 , investment management operated in an environment generally characterized by strong client net inflows , which more than offset the declines in equity and fixed income asset prices , which resulted in depreciation in the value of client assets , particularly in the third quarter of 2015 .\nthe mix of average assets under supervision shifted slightly from long-term assets under supervision to liquidity products compared with 2014 .\n2016 versus 2015 .\nnet revenues in investment management were $ 5.79 billion for 2016 , 7% ( 7 % ) lower than 2015 .\nthis decrease primarily reflected significantly lower incentive fees compared with a strong 2015 .\nin addition , management and other fees were slightly lower , reflecting shifts in the mix of client assets and strategies , partially offset by the impact of higher average assets under supervision .\nduring the year , total assets under supervision increased $ 127 billion to $ 1.38 trillion .\nlong-term assets under supervision increased $ 75 billion , including net inflows of $ 42 billion , primarily in fixed income assets , and net market appreciation of $ 33 billion , primarily in equity and fixed income assets .\nin addition , liquidity products increased $ 52 billion .\noperating expenses were $ 4.65 billion for 2016 , 4% ( 4 % ) lower than 2015 , due to decreased compensation and benefits expenses , reflecting lower net revenues .\npre-tax earnings were $ 1.13 billion in 2016 , 17% ( 17 % ) lower than 2015 .\n2015 versus 2014 .\nnet revenues in investment management were $ 6.21 billion for 2015 , 3% ( 3 % ) higher than 2014 , due to slightly higher management and other fees , primarily reflecting higher average assets under supervision , and higher transaction revenues .\nduring 2015 , total assets under supervision increased $ 74 billion to $ 1.25 trillion .\nlong-term assets under supervision increased $ 51 billion , including net inflows of $ 71 billion ( which includes $ 18 billion of asset inflows in connection with our acquisition of pacific global advisors 2019 solutions business ) , and net market depreciation of $ 20 billion , both primarily in fixed income and equity assets .\nin addition , liquidity products increased $ 23 billion .\noperating expenses were $ 4.84 billion for 2015 , 4% ( 4 % ) higher than 2014 , due to increased compensation and benefits expenses , reflecting higher net revenues .\npre-tax earnings were $ 1.37 billion in 2015 , 2% ( 2 % ) lower than 2014 .\ngeographic data see note 25 to the consolidated financial statements for a summary of our total net revenues , pre-tax earnings and net earnings by geographic region .\ngoldman sachs 2016 form 10-k 65 .\n\nQuestion: of the total aus net inflows/ ( outflows ) for 2014 were fixed income asset inflows in connection with our acquisition of deutsche asset & wealth management 2019s stable value business greater than the liquidity products inflows in connection with our acquisition of rbs asset management 2019s money market funds?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2006/page_102.pdf\n\nID: HOLX/2006/page_102.pdf-1\n\nPrevious Text:\nhologic , inc .\nnotes to consolidated financial statements ( continued ) ( in thousands , except per share data ) determination of the measurement date for the market price of acquirer securities issued in a purchase business combination .\nthe components and allocation of the purchase price , consists of the following approximate amounts: .\n\nTable Data:\n[['net tangible assets acquired as of july 13 2006', '$ 800'], ['in-process research and development', '10200'], ['developed technology and know how', '39500'], ['customer relationship', '15700'], ['trade name', '3300'], ['order backlog', '800'], ['deferred income taxes', '4400'], ['goodwill', '145900'], ['estimated purchase price', '$ 220600']]\n\nFollowing Text:\nthe company has begun to assess and formulate a plan to restructure certain of r2 2019s historical activities .\nas of the acquisition date the company recorded a liability of approximately $ 798 in accordance with eitf issue no .\n95-3 , recognition of liabilities in connection with a purchase business combination , related to the termination of certain employees and loss related to the abandonment of certain lease space under this plan of which approximately $ 46 has been paid as of september 30 , 2006 .\nthe company believes this plan will be finalized within one year from the acquisition date and will record any additional liabilities at such time resulting in an increase to goodwill .\nthe final purchase price allocations will be completed within one year of the acquisition and any adjustments are not expected to have a material impact on the company 2019s financial position or results of operation .\nas part of the purchase price allocation , all intangible assets that were a part of the acquisition were identified and valued .\nit was determined that only customer relationships , trademarks and developed technology had separately identifiable values .\ncustomer relationships represent r2 2019s strong active customer base , dominant market position and strong partnership with several large companies .\ntrademarks represent the r2 product names that the company intends to continue to use .\ndeveloped technology represents currently marketable purchased products that the company continues to resell as well as utilize to enhance and incorporate into the company 2019s existing products .\nthe estimated $ 10200 of purchase price allocated to in-process research and development projects primarily related to r2s digital cad products .\nthe projects are expected to add direct digital algorithm capabilities as well as a new platform technology to analyze images and breast density measurement .\nthe project is approximately 20% ( 20 % ) complete and the company expects to spend approximately $ 3100 over the year to complete .\nthe deferred income tax asset relates to the tax effect of acquired net operating loss carry forwards that the company believes are realizable partially offset by acquired identifiable intangible assets , and fair value adjustments to acquired inventory as such amounts are not deductible for tax purposes .\nacquisition of suros surgical systems , inc .\non july 27 , 2006 , the company completed the acquisition of suros surgical systems , inc. , pursuant to an agreement and plan of merger dated april 17 , 2006 .\nthe results of operations for suros have been included in the company 2019s consolidated financial statements from the date of acquisition as part of its mammography business segment .\nsuros surgical , located in indianapolis , indiana , develops , manufactures and sells minimally invasive interventional breast biopsy technology and products for biopsy , tissue removal and biopsy site marking. .\n\nQuestion: what percentage of the estimated purchase price is goodwill?",
        "solution": "66%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2015/page_120.pdf\n\nID: HII/2015/page_120.pdf-2\n\nPrevious Text:\nof exercise for stock options exercised or at period end for outstanding stock options , less the applicable exercise price .\nthe company issued new shares to satisfy exercised stock options .\ncompensation expense the company recorded $ 43 million , $ 34 million , and $ 44 million of expense related to stock awards for the years ended december 31 , 2015 , 2014 , and 2013 , respectively .\nthe company recorded $ 17 million , $ 13 million , and $ 17 million as a tax benefit related to stock awards and stock options for the years ended december 31 , 2015 , 2014 , and 2013 , respectively .\nthe company recognized tax benefits for the years ended december 31 , 2015 , 2014 , and 2013 , of $ 41 million , $ 53 million , and $ 32 million , respectively , from the issuance of stock in settlement of stock awards , and $ 4 million , $ 5 million , and $ 4 million for the years ended december 31 , 2015 , 2014 , and 2013 , respectively , from the exercise of stock options .\nunrecognized compensation expense as of december 31 , 2015 , the company had less than $ 1 million of unrecognized compensation expense associated with rsrs granted in 2015 and 2014 , which will be recognized over a weighted average period of 1.0 year , and $ 25 million of unrecognized expense associated with rpsrs granted in 2015 , 2014 , and 2013 , which will be recognized over a weighted average period of 0.6 years .\nas of december 31 , 2015 , the company had no unrecognized compensation expense related to stock options .\ncompensation expense for stock options was fully recognized as of december 31 , 2013 .\n20 .\nunaudited selected quarterly data unaudited quarterly financial results for the years ended december 31 , 2015 and 2014 , are set forth in the following tables: .\n\nTable Data:\n[['( $ in millions except per share amounts )', 'year ended december 31 2015 1st qtr', 'year ended december 31 2015 2nd qtr ( 1 )', 'year ended december 31 2015 3rd qtr', 'year ended december 31 2015 4th qtr ( 2 )'], ['sales and service revenues', '$ 1570', '$ 1745', '$ 1800', '$ 1905'], ['operating income ( loss )', '156', '269', '200', '144'], ['earnings ( loss ) before income taxes', '133', '244', '175', '80'], ['net earnings ( loss )', '87', '156', '111', '50'], ['dividends declared per share', '$ 0.40', '$ 0.40', '$ 0.40', '$ 0.50'], ['basic earnings ( loss ) per share', '$ 1.80', '$ 3.22', '$ 2.31', '$ 1.07'], ['diluted earnings ( loss ) per share', '$ 1.79', '$ 3.20', '$ 2.29', '$ 1.06']]\n\nFollowing Text:\n( 1 ) in the second quarter of 2015 , the company recorded a $ 59 million goodwill impairment charge .\nduring the same period , the company recorded $ 136 million of operating income as a result of the aon settlement .\n( 2 ) in the fourth quarter of 2015 , the company recorded $ 16 million goodwill impairment and $ 27 million intangible asset impairment charges. .\n\nQuestion: what is the total net income for the fiscal year of 2015?",
        "solution": "404"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2015/page_83.pdf\n\nID: JPM/2015/page_83.pdf-2\n\nPrevious Text:\njpmorgan chase & co./2015 annual report 73 in advisory fees was driven by the combined impact of a greater share of fees for completed transactions , and growth in industry-wide fees .\nthe increase in equity underwriting fees was driven by higher industry-wide issuance .\nthe decrease in debt underwriting fees was primarily related to lower bond underwriting fees compared with the prior year , and lower loan syndication fees on lower industry-wide fees .\nprincipal transactions revenue increased as the prior year included a $ 1.5 billion loss related to the implementation of the funding valuation adjustment ( 201cfva 201d ) framework for over-the-counter ( 201cotc 201d ) derivatives and structured notes .\nprivate equity gains increased as a result of higher net gains on sales .\nthese increases were partially offset by lower fixed income markets revenue in cib , primarily driven by credit-related and rates products , as well as the impact of business simplification initiatives .\nlending- and deposit-related fees decreased compared with the prior year , reflecting the impact of business simplification initiatives and lower trade finance revenue in cib .\nasset management , administration and commissions revenue increased compared with the prior year , reflecting higher asset management fees driven by net client inflows and higher market levels in am and ccb .\nthe increase was offset partially by lower commissions and other fee revenue in ccb as a result of the exit of a non-core product in 2013 .\nsecurities gains decreased compared with the prior year , reflecting lower repositioning activity related to the firm 2019s investment securities portfolio .\nmortgage fees and related income decreased compared with the prior year , predominantly due to lower net production revenue driven by lower volumes due to higher mortgage interest rates , and tighter margins .\nthe decline in net production revenue was partially offset by a lower loss on the risk management of mortgage servicing rights ( 201cmsrs 201d ) .\ncard income was relatively flat compared with the prior year , but included higher net interchange income due to growth in credit and debit card sales volume , offset by higher amortization of new account origination costs .\nother income decreased from the prior year , predominantly from the absence of two significant items recorded in corporate in 2013 : gains of $ 1.3 billion and $ 493 million from sales of visa shares and one chase manhattan plaza , respectively .\nlower valuations of seed capital investments in am and losses related to the exit of non-core portfolios in card also contributed to the decrease .\nthese items were partially offset by higher auto lease income as a result of growth in auto lease volume , and a benefit from a tax settlement .\nnet interest income increased slightly from the prior year , predominantly reflecting higher yields on investment securities , the impact of lower interest expense from lower rates , and higher average loan balances .\nthe increase was partially offset by lower yields on loans due to the run-off of higher-yielding loans and new originations of lower-yielding loans , and lower average interest-earning trading asset balances .\nthe firm 2019s average interest-earning assets were $ 2.0 trillion , and the net interest yield on these assets , on a fte basis , was 2.18% ( 2.18 % ) , a decrease of 5 basis points from the prior year .\nprovision for credit losses year ended december 31 .\n\nTable Data:\n[['( in millions )', '2015', '2014', '2013'], ['consumer excluding credit card', '$ -81 ( 81 )', '$ 419', '$ -1871 ( 1871 )'], ['credit card', '3122', '3079', '2179'], ['total consumer', '3041', '3498', '308'], ['wholesale', '786', '-359 ( 359 )', '-83 ( 83 )'], ['total provision for credit losses', '$ 3827', '$ 3139', '$ 225']]\n\nFollowing Text:\n2015 compared with 2014 the provision for credit losses increased from the prior year as a result of an increase in the wholesale provision , largely reflecting the impact of downgrades in the oil & gas portfolio .\nthe increase was partially offset by a decrease in the consumer provision , reflecting lower net charge-offs due to continued discipline in credit underwriting , as well as improvement in the economy driven by increasing home prices and lower unemployment levels .\nthe increase was partially offset by a lower reduction in the allowance for loan losses .\nfor a more detailed discussion of the credit portfolio and the allowance for credit losses , see the segment discussions of ccb on pages 85 201393 , cb on pages 99 2013101 , and the allowance for credit losses on pages 130 2013132 .\n2014 compared with 2013 the provision for credit losses increased by $ 2.9 billion from the prior year as result of a lower benefit from reductions in the consumer allowance for loan losses , partially offset by lower net charge-offs .\nthe consumer allowance reduction in 2014 was primarily related to the consumer , excluding credit card , portfolio and reflected the continued improvement in home prices and delinquencies in the residential real estate portfolio .\nthe wholesale provision reflected a continued favorable credit environment. .\n\nQuestion: in 2015 what was the percent of the credit card as part of the total provision for credit losses",
        "solution": "81.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EOG/2016/page_74.pdf\n\nID: EOG/2016/page_74.pdf-1\n\nPrevious Text:\nthe principal components of eog's rollforward of valuation allowances for deferred tax assets were as follows ( in thousands ) : .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['beginning balance', '$ 506127', '$ 463018', '$ 223599'], ['increase ( 1 )', '37221', '146602', '392729'], ['decrease ( 2 )', '-12667 ( 12667 )', '-4315 ( 4315 )', '-1424 ( 1424 )'], ['other ( 3 )', '-147460 ( 147460 )', '-99178 ( 99178 )', '-151886 ( 151886 )'], ['ending balance', '$ 383221', '$ 506127', '$ 463018']]\n\nFollowing Text:\n( 1 ) increase in valuation allowance related to the generation of tax net operating losses and other deferred tax assets .\n( 2 ) decrease in valuation allowance associated with adjustments to certain deferred tax assets and their related allowance .\n( 3 ) represents dispositions/revisions/foreign exchange rate variances and the effect of statutory income tax rate changes .\nthe balance of unrecognized tax benefits at december 31 , 2016 , was $ 36 million , of which $ 2 million may potentially have an earnings impact .\neog records interest and penalties related to unrecognized tax benefits to its income tax provision .\ncurrently , $ 2 million of interest has been recognized in the consolidated statements of income and comprehensive income .\neog does not anticipate that the amount of the unrecognized tax benefits will significantly change during the next twelve months .\neog and its subsidiaries file income tax returns and are subject to tax audits in the united states and various state , local and foreign jurisdictions .\neog's earliest open tax years in its principal jurisdictions are as follows : united states federal ( 2011 ) , canada ( 2012 ) , united kingdom ( 2015 ) , trinidad ( 2010 ) and china ( 2008 ) .\neog's foreign subsidiaries' undistributed earnings of approximately $ 2 billion at december 31 , 2016 , are no longer considered to be permanently reinvested outside the united states and , accordingly , eog has cumulatively recorded $ 280 million of united states federal , foreign and state deferred income taxes .\neog changed its permanent reinvestment assertion in 2014 .\nin 2016 , eog's alternative minimum tax ( amt ) credits were reduced by $ 21 million mostly as a result of carry-back claims and certain elections .\nremaining amt credits of $ 758 million , resulting from amt paid in prior years , will be carried forward indefinitely until they are used to offset regular income taxes in future periods .\nthe ability of eog to utilize these amt credit carryforwards to reduce federal income taxes may become subject to various limitations under the internal revenue code .\nsuch limitations may arise if certain ownership changes ( as defined for income tax purposes ) were to occur .\nas of december 31 , 2016 , eog had state income tax net operating losses ( nols ) being carried forward of approximately $ 1.6 billion , which , if unused , expire between 2017 and 2035 .\nduring 2016 , eog's united kingdom subsidiary incurred a tax nol of approximately $ 38 million which , along with prior years' nols of $ 740 million , will be carried forward indefinitely .\nas described above , these nols have been evaluated for the likelihood of future utilization , and valuation allowances have been established for the portion of these deferred tax assets that do not meet the \"more likely than not\" threshold .\n7 .\nemployee benefit plans stock-based compensation during 2016 , eog maintained various stock-based compensation plans as discussed below .\neog recognizes compensation expense on grants of stock options , sars , restricted stock and restricted stock units , performance units and performance stock , and grants made under the eog resources , inc .\nemployee stock purchase plan ( espp ) .\nstock-based compensation expense is calculated based upon the grant date estimated fair value of the awards , net of forfeitures , based upon eog's historical employee turnover rate .\ncompensation expense is amortized over the shorter of the vesting period or the period from date of grant until the date the employee becomes eligible to retire without company approval. .\n\nQuestion: considering the balance of unrecognized tax benefits in 2016 , what is the percentage of the potential of tax benefits that may have an earnings impact?",
        "solution": "5.56%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2010/page_50.pdf\n\nID: SLG/2010/page_50.pdf-1\n\nPrevious Text:\noff-balance-sheet arrangements we have a number of off-balance-sheet investments , including joint ven- tures and debt and preferred equity investments .\nthese investments all have varying ownership structures .\nsubstantially all of our joint venture arrangements are accounted for under the equity method of accounting as we have the ability to exercise significant influence , but not control over the operating and financial decisions of these joint venture arrange- ments .\nour off-balance-sheet arrangements are discussed in note a0 5 , 201cdebt and preferred equity investments 201d and note a0 6 , 201cinvestments in unconsolidated joint ventures 201d in the accompanying consolidated finan- cial statements .\nadditional information about the debt of our unconsoli- dated joint ventures is included in 201ccontractual obligations 201d below .\ncapital expenditures we estimate that , for the year ending december a031 , 2011 , we will incur approximately $ 120.5 a0 million of capital expenditures , which are net of loan reserves ( including tenant improvements and leasing commis- sions ) , on existing wholly-owned properties , and that our share of capital expenditures at our joint venture properties , net of loan reserves , will be approximately $ 23.4 a0million .\nwe expect to fund these capital expen- ditures with operating cash flow , additional property level mortgage financings and cash on hand .\nfuture property acquisitions may require substantial capital investments for refurbishment and leasing costs .\nwe expect that these financing requirements will be met in a similar fashion .\nwe believe that we will have sufficient resources to satisfy our capital needs during the next 12-month period .\nthereafter , we expect our capital needs will be met through a combination of cash on hand , net cash provided by operations , borrowings , potential asset sales or addi- tional equity or debt issuances .\nabove provides that , except to enable us to continue to qualify as a reit for federal income tax purposes , we will not during any four consecu- tive fiscal quarters make distributions with respect to common stock or other equity interests in an aggregate amount in excess of 95% ( 95 % ) of funds from operations for such period , subject to certain other adjustments .\nas of december a0 31 , 2010 and 2009 , we were in compliance with all such covenants .\nmarket rate risk we are exposed to changes in interest rates primarily from our floating rate borrowing arrangements .\nwe use interest rate derivative instruments to manage exposure to interest rate changes .\na hypothetical 100 basis point increase in interest rates along the entire interest rate curve for 2010 and 2009 , would increase our annual interest cost by approximately $ 11.0 a0mil- lion and $ 15.2 a0million and would increase our share of joint venture annual interest cost by approximately $ 6.7 a0million and $ 6.4 a0million , respectively .\nwe recognize all derivatives on the balance sheet at fair value .\nderivatives that are not hedges must be adjusted to fair value through income .\nif a derivative is a hedge , depending on the nature of the hedge , changes in the fair value of the derivative will either be offset against the change in fair value of the hedged asset , liability , or firm commitment through earnings , or recognized in other comprehensive income until the hedged item is recognized in earnings .\nthe ineffective portion of a deriva- tive 2019s change in fair value is recognized immediately in earnings .\napproximately $ 4.1 a0billion of our long-term debt bore interest at fixed rates , and therefore the fair value of these instruments is affected by changes in the market interest rates .\nthe interest rate on our variable rate debt and joint venture debt as of december a031 , 2010 ranged from libor plus 75 basis points to libor plus 400 basis points .\ncontractual obligations combined aggregate principal maturities of mortgages and other loans payable , our 2007 unsecured revolving credit facility , senior unsecured notes ( net of discount ) , trust preferred securities , our share of joint venture debt , including as-of-right extension options , estimated interest expense ( based on weighted average interest rates for the quarter ) , and our obligations under our capital and ground leases , as of december a031 , 2010 , are as follows ( in thousands ) : .\n\nTable Data:\n[['', '2011', '2012', '2013', '2014', '2015', 'thereafter', 'total'], ['property mortgages', '$ 246615', '$ 143646', '$ 656863', '$ 208025', '$ 260433', '$ 1884885', '$ 3400467'], ['revolving credit facility', '2014', '650000', '2014', '2014', '2014', '2014', '650000'], ['trust preferred securities', '2014', '2014', '2014', '2014', '2014', '100000', '100000'], ['senior unsecured notes', '84823', '123171', '2014', '98578', '657', '793316', '1100545'], ['capital lease', '1555', '1555', '1555', '1555', '1593', '44056', '51869'], ['ground leases', '28929', '28179', '28179', '28179', '28179', '552421', '694066'], ['estimated interest expense', '265242', '245545', '221161', '197128', '177565', '355143', '1461784'], ['joint venture debt', '207738', '61491', '41415', '339184', '96786', '857305', '1603919'], ['total', '$ 834902', '$ 1253587', '$ 949173', '$ 872649', '$ 565213', '$ 4587126', '$ 9062650']]\n\nFollowing Text:\n48 sl green realty corp .\n2010 annual report management 2019s discussion and analysis of financial condition and results of operations .\n\nQuestion: what percentage of 2013 obligations was the 2013 capital lease obligation",
        "solution": "0.16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2015/page_72.pdf\n\nID: ADI/2015/page_72.pdf-4\n\nPrevious Text:\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) a summary of the company 2019s restricted stock unit award activity as of october 31 , 2015 and changes during the fiscal year then ended is presented below : restricted stock units outstanding ( in thousands ) weighted- average grant- date fair value per share .\n\nTable Data:\n[['', 'restrictedstock unitsoutstanding ( in thousands )', 'weighted-average grant-date fair valueper share'], ['restricted stock units outstanding at november 1 2014', '3188', '$ 43.46'], ['units granted', '818', '$ 52.25'], ['restrictions lapsed', '-1151 ( 1151 )', '$ 39.72'], ['forfeited', '-157 ( 157 )', '$ 45.80'], ['restricted stock units outstanding at october 31 2015', '2698', '$ 47.59']]\n\nFollowing Text:\nas of october 31 , 2015 , there was $ 108.8 million of total unrecognized compensation cost related to unvested share- based awards comprised of stock options and restricted stock units .\nthat cost is expected to be recognized over a weighted- average period of 1.3 years .\nthe total grant-date fair value of shares that vested during fiscal 2015 , 2014 and 2013 was approximately $ 65.6 million , $ 57.4 million and $ 63.9 million , respectively .\ncommon stock repurchase program the company 2019s common stock repurchase program has been in place since august 2004 .\nin the aggregate , the board of directors have authorized the company to repurchase $ 5.6 billion of the company 2019s common stock under the program .\nunder the program , the company may repurchase outstanding shares of its common stock from time to time in the open market and through privately negotiated transactions .\nunless terminated earlier by resolution of the company 2019s board of directors , the repurchase program will expire when the company has repurchased all shares authorized under the program .\nas of october 31 , 2015 , the company had repurchased a total of approximately 140.7 million shares of its common stock for approximately $ 5.0 billion under this program .\nan additional $ 544.5 million remains available for repurchase of shares under the current authorized program .\nthe repurchased shares are held as authorized but unissued shares of common stock .\nthe company also , from time to time , repurchases shares in settlement of employee minimum tax withholding obligations due upon the vesting of restricted stock units or the exercise of stock options .\nthe withholding amount is based on the employees minimum statutory withholding requirement .\nany future common stock repurchases will be dependent upon several factors , including the company's financial performance , outlook , liquidity and the amount of cash the company has available in the united states .\npreferred stock the company has 471934 authorized shares of $ 1.00 par value preferred stock , none of which is issued or outstanding .\nthe board of directors is authorized to fix designations , relative rights , preferences and limitations on the preferred stock at the time of issuance .\n4 .\nindustry , segment and geographic information the company operates and tracks its results in one reportable segment based on the aggregation of six operating segments .\nthe company designs , develops , manufactures and markets a broad range of integrated circuits ( ics ) .\nthe chief executive officer has been identified as the company's chief operating decision maker .\nthe company has determined that all of the company's operating segments share the following similar economic characteristics , and therefore meet the criteria established for operating segments to be aggregated into one reportable segment , namely : 2022 the primary source of revenue for each operating segment is the sale of integrated circuits .\n2022 the integrated circuits sold by each of the company's operating segments are manufactured using similar semiconductor manufacturing processes and raw materials in either the company 2019s own production facilities or by third-party wafer fabricators using proprietary processes .\n2022 the company sells its products to tens of thousands of customers worldwide .\nmany of these customers use products spanning all operating segments in a wide range of applications .\n2022 the integrated circuits marketed by each of the company's operating segments are sold globally through a direct sales force , third-party distributors , independent sales representatives and via our website to the same types of customers .\nall of the company's operating segments share a similar long-term financial model as they have similar economic characteristics .\nthe causes for variation in operating and financial performance are the same among the company's operating segments and include factors such as ( i ) life cycle and price and cost fluctuations , ( ii ) number of competitors , ( iii ) product .\n\nQuestion: what percent of the restricted stock was lost due to restrictions lapsed in the 2014 period?",
        "solution": "36.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2012/page_93.pdf\n\nID: SNA/2012/page_93.pdf-1\n\nPrevious Text:\na valuation allowance totaling $ 43.9 million , $ 40.4 million and $ 40.1 million as of 2012 , 2011 and 2010 year end , respectively , has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized .\nrealization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration .\nalthough realization is not assured , management believes it is more- likely-than-not that the net deferred income tax assets will be realized .\nthe amount of the net deferred income tax assets considered realizable , however , could change in the near term if estimates of future taxable income during the carryforward period fluctuate .\nthe following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for 2012 , 2011 and ( amounts in millions ) 2012 2011 2010 .\n\nTable Data:\n[['( amounts in millions )', '2012', '2011', '2010'], ['unrecognized tax benefits at beginning of year', '$ 11.0', '$ 11.1', '$ 17.5'], ['gross increases 2013 tax positions in prior periods', '0.7', '0.5', '0.6'], ['gross decreases 2013 tax positions in prior periods', '-4.9 ( 4.9 )', '-0.4 ( 0.4 )', '-0.4 ( 0.4 )'], ['gross increases 2013 tax positions in the current period', '1.2', '2.8', '3.1'], ['settlements with taxing authorities', '2013', '-1.2 ( 1.2 )', '-9.5 ( 9.5 )'], ['increase related to acquired business', '2013', '2013', '0.4'], ['lapsing of statutes of limitations', '-1.2 ( 1.2 )', '-1.8 ( 1.8 )', '-0.6 ( 0.6 )'], ['unrecognized tax benefits at end of year', '$ 6.8', '$ 11.0', '$ 11.1']]\n\nFollowing Text:\nof the $ 6.8 million , $ 11.0 million and $ 11.1 million of unrecognized tax benefits as of 2012 , 2011 and 2010 year end , respectively , approximately $ 4.1 million , $ 9.1 million and $ 11.1 million , respectively , would impact the effective income tax rate if recognized .\ninterest and penalties related to unrecognized tax benefits are recorded in income tax expense .\nduring 2012 and 2011 , the company reversed a net $ 0.5 million and $ 1.4 million , respectively , of interest and penalties to income associated with unrecognized tax benefits .\nas of 2012 , 2011 and 2010 year end , the company has provided for $ 1.6 million , $ 1.6 million and $ 2.8 million , respectively , of accrued interest and penalties related to unrecognized tax benefits .\nthe unrecognized tax benefits and related accrued interest and penalties are included in 201cother long-term liabilities 201d on the accompanying consolidated balance sheets .\nsnap-on and its subsidiaries file income tax returns in the united states and in various state , local and foreign jurisdictions .\nit is reasonably possible that certain unrecognized tax benefits may either be settled with taxing authorities or the statutes of limitations for such items may lapse within the next 12 months , causing snap-on 2019s gross unrecognized tax benefits to decrease by a range of zero to $ 2.4 million .\nover the next 12 months , snap-on anticipates taking uncertain tax positions on various tax returns for which the related tax benefit does not meet the recognition threshold .\naccordingly , snap-on 2019s gross unrecognized tax benefits may increase by a range of zero to $ 1.6 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings .\nwith few exceptions , snap-on is no longer subject to u.s .\nfederal and state/local income tax examinations by tax authorities for years prior to 2008 , and snap-on is no longer subject to non-u.s .\nincome tax examinations by tax authorities for years prior to 2006 .\nthe undistributed earnings of all non-u.s .\nsubsidiaries totaled $ 492.2 million , $ 416.4 million and $ 386.5 million as of 2012 , 2011 and 2010 year end , respectively .\nsnap-on has not provided any deferred taxes on these undistributed earnings as it considers the undistributed earnings to be permanently invested .\ndetermination of the amount of unrecognized deferred income tax liability related to these earnings is not practicable .\n2012 annual report 83 .\n\nQuestion: what was the average unrecognized tax benefits at end of year from 2010 to 2012",
        "solution": "9.63"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2016/page_93.pdf\n\nID: FIS/2016/page_93.pdf-2\n\nPrevious Text:\nfidelity national information services , inc .\nand subsidiaries notes to consolidated financial statements - ( continued ) ( a ) intrinsic value is based on a closing stock price as of december 31 , 2016 of $ 75.64 .\nthe weighted average fair value of options granted during the years ended december 31 , 2016 , 2015 and 2014 was estimated to be $ 9.35 , $ 10.67 and $ 9.15 , respectively , using the black-scholes option pricing model with the assumptions below: .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['risk free interest rate', '1.2% ( 1.2 % )', '1.4% ( 1.4 % )', '1.4% ( 1.4 % )'], ['volatility', '20.4% ( 20.4 % )', '21.7% ( 21.7 % )', '21.2% ( 21.2 % )'], ['dividend yield', '1.6% ( 1.6 % )', '1.6% ( 1.6 % )', '1.6% ( 1.6 % )'], ['weighted average expected life ( years )', '4.2', '4.2', '4.2']]\n\nFollowing Text:\nthe company estimates future forfeitures at the time of grant and revises those estimates in subsequent periods if actual forfeitures differ from those estimates .\nthe company bases the risk-free interest rate that is used in the stock option valuation model on u.s .\nn treasury securities issued with maturities similar to the expected term of the options .\nthe expected stock volatility factor is determined using historical daily price changes of the company's common stock over the most recent period commensurate with the expected term of the option and the impact of any expected trends .\nthe dividend yield assumption is based on the current dividend yield at the grant tt date or management's forecasted expectations .\nthe expected life assumption is determined by calculating the average term from the tt company's historical stock option activity and considering the impact of expected future trends .\nthe company granted a total of 1 million restricted stock shares at prices ranging from $ 56.44 to $ 79.41 on various dates in 2016 .\nthe company granted a total of 1 million restricted stock shares at prices ranging from $ 61.33 to $ 69.33 on various dates in 20t 15 .\nthe company granted a total of 1 million restricted stock shares at prices ranging from $ 52.85 to $ 64.04 on various dates in 2014 .\nthese shares were granted at the closing market price on the date of grant and vest annually over three years .\nas of december 31 , 2016 and 2015 , we have approximately 3 million and 4 million unvested restricted shares remaining .\nthe december 31 , 2016 balance includes those rsu's converted in connection with the sungard acquisition as noted above .\nthe company has provided for total stock compensation expense of $ 137 million , $ 98 million and $ 56 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively , which is included in selling , general , and administrative expense in the consolidated statements of earnings , unless the expense is attributable to a discontinued operation .\nof the total stock compensation expense , $ 2 million for 2014 relates to liability based awards that will not be credited to additional paid in capital until issued .\ntotal d compensation expense for 2016 and 2015 did not include amounts relating to liability based awards .\nas of december 31 , 2016 and 2015 , the total unrecognized compensation cost related to non-vested stock awards is $ 141 million and $ 206 million , respectively , which is expected to be recognized in pre-tax income over a weighted average period of 1.4 years and 1.6 years , respectively .\ngerman pension plans our german operations have unfunded , defined benefit plan obligations .\nthese obligations relate to benefits to be paid to germanaa employees upon retirement .\nthe accumulated benefit obligation as of december 31 , 2016 and 2015 , was $ 49 million and $ 48 million , respectively , and the projected benefit obligation was $ 50 million and $ 49 million , respectively .\nthe plan remains unfunded as of december 31 , 2016 .\n( 15 ) divestitures and discontinued operations on december 7 , 2016 , the company entered into a definitive agreement to sell the sungard public sector and education ( \"ps&e\" ) businesses for $ 850 million .\nthe transaction included all ps&e solutions , which provide a comprehensive set of technology solutions to address public safety and public administration needs of government entities as well asn the needs of k-12 school districts .\nthe divestiture is consistent with our strategy to serve the financial services markets .\nwe received cash proceeds , net of taxes and transaction-related expenses of approximately $ 500 million .\nnet cash proceeds are expected to be used to reduce outstanding debt ( see note 10 ) .\nthe ps&e businesses are included in the corporate and other segment .\nthe transaction closed on february 1 , 2017 , resulting in an expected pre-tax gain ranging from $ 85 million to $ 90 million that will .\n\nQuestion: what is the percentage increase in the fair value of of options from 2015 to 2016?",
        "solution": "-12.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2005/page_64.pdf\n\nID: MSI/2005/page_64.pdf-2\n\nPrevious Text:\n57management's discussion and analysis of financial condition and results of operations facility include covenants relating to net interest coverage and total debt-to-book capitalization ratios .\nthe company was in compliance with the terms of the 3-year credit facility at december 31 , 2005 .\nthe company has never borrowed under its domestic revolving credit facilities .\nutilization of the non-u.s .\ncredit facilities may also be dependent on the company's ability to meet certain conditions at the time a borrowing is requested .\ncontractual obligations , guarantees , and other purchase commitments contractual obligations summarized in the table below are the company's obligations and commitments to make future payments under debt obligations ( assuming earliest possible exercise of put rights by holders ) , lease payment obligations , and purchase obligations as of december 31 , 2005 .\npayments due by period ( 1 ) ( in millions ) total 2006 2007 2008 2009 2010 thereafter .\n\nTable Data:\n[['( in millions )', 'payments due by period ( 1 ) total', 'payments due by period ( 1 ) 2006', 'payments due by period ( 1 ) 2007', 'payments due by period ( 1 ) 2008', 'payments due by period ( 1 ) 2009', 'payments due by period ( 1 ) 2010', 'payments due by period ( 1 ) thereafter'], ['long-term debt obligations', '$ 4033', '$ 119', '$ 1222', '$ 200', '$ 2', '$ 529', '$ 1961'], ['lease obligations', '1150', '438', '190', '134', '109', '84', '195'], ['purchase obligations', '992', '418', '28', '3', '2', '2', '539'], ['total contractual obligations', '$ 6175', '$ 975', '$ 1440', '$ 337', '$ 113', '$ 615', '$ 2695']]\n\nFollowing Text:\n( 1 ) amounts included represent firm , non-cancelable commitments .\ndebt obligations : at december 31 , 2005 , the company's long-term debt obligations , including current maturities and unamortized discount and issue costs , totaled $ 4.0 billion , as compared to $ 5.0 billion at december 31 , 2004 .\na table of all outstanding long-term debt securities can be found in note 4 , \"\"debt and credit facilities'' to the company's consolidated financial statements .\nas previously discussed , the decrease in the long- term debt obligations as compared to december 31 , 2004 , was due to the redemptions and repurchases of $ 1.0 billion principal amount of outstanding securities during 2005 .\nalso , as previously discussed , the remaining $ 118 million of 7.6% ( 7.6 % ) notes due january 1 , 2007 were reclassified to current maturities of long-term debt .\nlease obligations : the company owns most of its major facilities , but does lease certain office , factory and warehouse space , land , and information technology and other equipment under principally non-cancelable operating leases .\nat december 31 , 2005 , future minimum lease obligations , net of minimum sublease rentals , totaled $ 1.2 billion .\nrental expense , net of sublease income , was $ 254 million in 2005 , $ 217 million in 2004 and $ 223 million in 2003 .\npurchase obligations : the company has entered into agreements for the purchase of inventory , license of software , promotional agreements , and research and development agreements which are firm commitments and are not cancelable .\nthe longest of these agreements extends through 2015 .\ntotal payments expected to be made under these agreements total $ 992 million .\ncommitments under other long-term agreements : the company has entered into certain long-term agreements to purchase software , components , supplies and materials from suppliers .\nmost of the agreements extend for periods of one to three years ( three to five years for software ) .\nhowever , generally these agreements do not obligate the company to make any purchases , and many permit the company to terminate the agreement with advance notice ( usually ranging from 60 to 180 days ) .\nif the company were to terminate these agreements , it generally would be liable for certain termination charges , typically based on work performed and supplier on-hand inventory and raw materials attributable to canceled orders .\nthe company's liability would only arise in the event it terminates the agreements for reasons other than \"\"cause.'' in 2003 , the company entered into outsourcing contracts for certain corporate functions , such as benefit administration and information technology related services .\nthese contracts generally extend for 10 years and are expected to expire in 2013 .\nthe total payments under these contracts are approximately $ 3 billion over 10 years ; however , these contracts can be terminated .\ntermination would result in a penalty substantially less than the annual contract payments .\nthe company would also be required to find another source for these services , including the possibility of performing them in-house .\nas is customary in bidding for and completing network infrastructure projects and pursuant to a practice the company has followed for many years , the company has a number of performance/bid bonds and standby letters of credit outstanding , primarily relating to projects of government and enterprise mobility solutions segment and the networks segment .\nthese instruments normally have maturities of up to three years and are standard in the .\n\nQuestion: what percentage of total contractual obligations are long-term debt obligations?",
        "solution": "65%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2007/page_19.pdf\n\nID: IP/2007/page_19.pdf-2\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations executive summary international paper 2019s operating results in 2007 bene- fited from significantly higher paper and packaging price realizations .\nsales volumes were slightly high- er , with growth in overseas markets partially offset by lower volumes in north america as we continued to balance our production with our customers 2019 demand .\noperationally , our pulp and paper and containerboard mills ran very well in 2007 .\nhowever , input costs for wood , energy and transportation costs were all well above 2006 levels .\nin our forest products business , earnings decreased 31% ( 31 % ) reflect- ing a sharp decline in harvest income and a smaller drop in forestland and real estate sales , both reflect- ing our forestland divestitures in 2006 .\ninterest expense decreased over 40% ( 40 % ) , principally due to lower debt balances and interest rates from debt repayments and refinancings .\nlooking forward to the first quarter of 2008 , we expect demand for north american printing papers and packaging to remain steady .\nhowever , if the economic downturn in 2008 is greater than expected , this could have a negative impact on sales volumes and earnings .\nsome slight increases in paper and packaging price realizations are expected as we implement our announced price increases .\nhowever , first quarter earnings will reflect increased planned maintenance expenses and continued escalation of wood , energy and transportation costs .\nas a result , excluding the impact of projected reduced earnings from land sales and the addition of equity earnings contributions from our recent investment in ilim holding s.a .\nin russia , we expect 2008 first-quarter earnings to be lower than in the 2007 fourth quarter .\nresults of operations industry segment operating profits are used by inter- national paper 2019s management to measure the earn- ings performance of its businesses .\nmanagement believes that this measure allows a better under- standing of trends in costs , operating efficiencies , prices and volumes .\nindustry segment operating profits are defined as earnings before taxes and minority interest , interest expense , corporate items and corporate special items .\nindustry segment oper- ating profits are defined by the securities and exchange commission as a non-gaap financial measure , and are not gaap alternatives to net earn- ings or any other operating measure prescribed by accounting principles generally accepted in the united states .\ninternational paper operates in six segments : print- ing papers , industrial packaging , consumer pack- aging , distribution , forest products , and specialty businesses and other .\nthe following table shows the components of net earnings for each of the last three years : in millions 2007 2006 2005 .\n\nTable Data:\n[['in millions', '2007', '2006', '2005'], ['industry segment operating profits', '$ 2423', '$ 2074', '$ 1622'], ['corporate items net', '-732 ( 732 )', '-746 ( 746 )', '-607 ( 607 )'], ['corporate special items*', '241', '2373', '-134 ( 134 )'], ['interest expense net', '-297 ( 297 )', '-521 ( 521 )', '-595 ( 595 )'], ['minority interest', '-5 ( 5 )', '-9 ( 9 )', '-9 ( 9 )'], ['income tax benefit ( provision )', '-415 ( 415 )', '-1889 ( 1889 )', '407'], ['discontinued operations', '-47 ( 47 )', '-232 ( 232 )', '416'], ['net earnings', '$ 1168', '$ 1050', '$ 1100']]\n\nFollowing Text:\n* corporate special items include restructuring and other charg- es , net ( gains ) losses on sales and impairments of businesses , gains on transformation plan forestland sales , goodwill impairment charges , insurance recoveries and reversals of reserves no longer required .\nindustry segment operating profits of $ 2.4 billion were $ 349 million higher in 2007 than in 2006 due principally to the benefits from higher average price realizations ( $ 461 million ) , the net impact of cost reduction initiatives , improved operating perform- ance and a more favorable mix of products sold ( $ 304 million ) , higher sales volumes ( $ 17 million ) , lower special item costs ( $ 115 million ) and other items ( $ 4 million ) .\nthese benefits more than offset the impacts of higher energy , raw material and freight costs ( $ 205 million ) , higher costs for planned mill maintenance outages ( $ 48 million ) , lower earn- ings from land sales ( $ 101 million ) , costs at the pensacola mill associated with the conversion of a machine to the production of linerboard ( $ 52 million ) and reduced earnings due to net acquisitions and divestitures ( $ 146 million ) .\nsegment operating profit ( in millions ) $ 2074 ( $ 205 ) ( $ 48 ) $ 17 ( $ 244 ) $ 2423$ 4 ( $ 52 ) ( $ 101 ) $ 461 $ 1000 $ 1500 $ 2000 $ 2500 $ 3000 .\n\nQuestion: what was the percentage change in industry segment operating profits from 2006 to 2007?",
        "solution": "17%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2008/page_145.pdf\n\nID: MRO/2008/page_145.pdf-2\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements preferred shares 2013 in connection with the acquisition of western discussed in note 6 , the board of directors authorized a class of voting preferred stock consisting of 6 million shares .\nupon completion of the acquisition , we issued 5 million shares of this voting preferred stock to a trustee , who holds the shares for the benefit of the holders of the exchangeable shares discussed above .\neach share of voting preferred stock is entitled to one vote on all matters submitted to the holders of marathon common stock .\neach holder of exchangeable shares may direct the trustee to vote the number of shares of voting preferred stock equal to the number of shares of marathon common stock issuable upon the exchange of the exchangeable shares held by that holder .\nin no event will the aggregate number of votes entitled to be cast by the trustee with respect to the outstanding shares of voting preferred stock exceed the number of votes entitled to be cast with respect to the outstanding exchangeable shares .\nexcept as otherwise provided in our restated certificate of incorporation or by applicable law , the common stock and the voting preferred stock will vote together as a single class in the election of directors of marathon and on all other matters submitted to a vote of stockholders of marathon generally .\nthe voting preferred stock will have no other voting rights except as required by law .\nother than dividends payable solely in shares of voting preferred stock , no dividend or other distribution , will be paid or payable to the holder of the voting preferred stock .\nin the event of any liquidation , dissolution or winding up of marathon , the holder of shares of the voting preferred stock will not be entitled to receive any assets of marathon available for distribution to its stockholders .\nthe voting preferred stock is not convertible into any other class or series of the capital stock of marathon or into cash , property or other rights , and may not be redeemed .\n26 .\nleases we lease a wide variety of facilities and equipment under operating leases , including land and building space , office equipment , production facilities and transportation equipment .\nmost long-term leases include renewal options and , in certain leases , purchase options .\nfuture minimum commitments for capital lease obligations ( including sale-leasebacks accounted for as financings ) and for operating lease obligations having initial or remaining noncancelable lease terms in excess of one year are as follows : ( in millions ) capital obligations ( a ) operating obligations .\n\nTable Data:\n[['( in millions )', 'capital lease obligations ( a )', 'operating lease obligations'], ['2009', '$ 40', '$ 181'], ['2010', '45', '133'], ['2011', '47', '110'], ['2012', '60', '100'], ['2013', '39', '85'], ['later years', '426', '379'], ['sublease rentals', '2013', '-21 ( 21 )'], ['total minimum lease payments', '$ 657', '$ 967'], ['less imputed interest costs', '-198 ( 198 )', ''], ['present value of net minimum lease payments', '$ 459', '']]\n\nFollowing Text:\n( a ) capital lease obligations includes $ 335 million related to assets under construction as of december 31 , 2008 .\nthese leases are currently reported in long-term debt based on percentage of construction completed at $ 126 million .\nin connection with past sales of various plants and operations , we assigned and the purchasers assumed certain leases of major equipment used in the divested plants and operations of united states steel .\nin the event of a default by any of the purchasers , united states steel has assumed these obligations ; however , we remain primarily obligated for payments under these leases .\nminimum lease payments under these operating lease obligations of $ 21 million have been included above and an equal amount has been reported as sublease rentals .\nof the $ 459 million present value of net minimum capital lease payments , $ 69 million was related to obligations assumed by united states steel under the financial matters agreement. .\n\nQuestion: what is the percentage of completion for the assets under construction as of december 31 , 2008?\\\\n",
        "solution": "37.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2015/page_141.pdf\n\nID: AWK/2015/page_141.pdf-3\n\nPrevious Text:\nlong-term liabilities .\nthe value of the company 2019s deferred compensation obligations is based on the market value of the participants 2019 notional investment accounts .\nthe notional investments are comprised primarily of mutual funds , which are based on observable market prices .\nmark-to-market derivative asset and liability 2014the company utilizes fixed-to-floating interest-rate swaps , typically designated as fair-value hedges , to achieve a targeted level of variable-rate debt as a percentage of total debt .\nthe company also employs derivative financial instruments in the form of variable-to-fixed interest rate swaps , classified as economic hedges , in order to fix the interest cost on some of its variable-rate debt .\nthe company uses a calculation of future cash inflows and estimated future outflows , which are discounted , to determine the current fair value .\nadditional inputs to the present value calculation include the contract terms , counterparty credit risk , interest rates and market volatility .\nother investments 2014other investments primarily represent money market funds used for active employee benefits .\nthe company includes other investments in other current assets .\nnote 18 : leases the company has entered into operating leases involving certain facilities and equipment .\nrental expenses under operating leases were $ 21 for 2015 , $ 22 for 2014 and $ 23 for 2013 .\nthe operating leases for facilities will expire over the next 25 years and the operating leases for equipment will expire over the next five years .\ncertain operating leases have renewal options ranging from one to five years .\nthe minimum annual future rental commitment under operating leases that have initial or remaining non- cancelable lease terms over the next five years and thereafter are as follows: .\n\nTable Data:\n[['year', 'amount'], ['2016', '$ 13'], ['2017', '12'], ['2018', '11'], ['2019', '10'], ['2020', '8'], ['thereafter', '74']]\n\nFollowing Text:\nthe company has a series of agreements with various public entities ( the 201cpartners 201d ) to establish certain joint ventures , commonly referred to as 201cpublic-private partnerships . 201d under the public-private partnerships , the company constructed utility plant , financed by the company and the partners constructed utility plant ( connected to the company 2019s property ) , financed by the partners .\nthe company agreed to transfer and convey some of its real and personal property to the partners in exchange for an equal principal amount of industrial development bonds ( 201cidbs 201d ) , issued by the partners under a state industrial development bond and commercial development act .\nthe company leased back the total facilities , including portions funded by both the company and the partners , under leases for a period of 40 years .\nthe leases related to the portion of the facilities funded by the company have required payments from the company to the partners that approximate the payments required by the terms of the idbs from the partners to the company ( as the holder of the idbs ) .\nas the ownership of the portion of the facilities constructed by the company will revert back to the company at the end of the lease , the company has recorded these as capital leases .\nthe lease obligation and the receivable for the principal amount of the idbs are presented by the company on a net basis .\nthe gross cost of the facilities funded by the company recognized as a capital lease asset was $ 156 and $ 157 as of december 31 , 2015 and 2014 , respectively , which is presented in property , plant and equipment in the accompanying consolidated balance sheets .\nthe future payments under the lease obligations are equal to and offset by the payments receivable under the idbs. .\n\nQuestion: what percentage does rental expense make up of gross cost of facilities funded in 2014?",
        "solution": "14.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2014/page_167.pdf\n\nID: GS/2014/page_167.pdf-1\n\nPrevious Text:\nnotes to consolidated financial statements sumitomo mitsui financial group , inc .\n( smfg ) provides the firm with credit loss protection on certain approved loan commitments ( primarily investment-grade commercial lending commitments ) .\nthe notional amount of such loan commitments was $ 27.51 billion and $ 29.24 billion as of december 2014 and december 2013 , respectively .\nthe credit loss protection on loan commitments provided by smfg is generally limited to 95% ( 95 % ) of the first loss the firm realizes on such commitments , up to a maximum of approximately $ 950 million .\nin addition , subject to the satisfaction of certain conditions , upon the firm 2019s request , smfg will provide protection for 70% ( 70 % ) of additional losses on such commitments , up to a maximum of $ 1.13 billion , of which $ 768 million and $ 870 million of protection had been provided as of december 2014 and december 2013 , respectively .\nthe firm also uses other financial instruments to mitigate credit risks related to certain commitments not covered by smfg .\nthese instruments primarily include credit default swaps that reference the same or similar underlying instrument or entity , or credit default swaps that reference a market index .\nwarehouse financing .\nthe firm provides financing to clients who warehouse financial assets .\nthese arrangements are secured by the warehoused assets , primarily consisting of corporate loans and commercial mortgage loans .\ncontingent and forward starting resale and securities borrowing agreements/forward starting repurchase and secured lending agreements the firm enters into resale and securities borrowing agreements and repurchase and secured lending agreements that settle at a future date , generally within three business days .\nthe firm also enters into commitments to provide contingent financing to its clients and counterparties through resale agreements .\nthe firm 2019s funding of these commitments depends on the satisfaction of all contractual conditions to the resale agreement and these commitments can expire unused .\nletters of credit the firm has commitments under letters of credit issued by various banks which the firm provides to counterparties in lieu of securities or cash to satisfy various collateral and margin deposit requirements .\ninvestment commitments the firm 2019s investment commitments of $ 5.16 billion and $ 7.12 billion as of december 2014 and december 2013 , respectively , include commitments to invest in private equity , real estate and other assets directly and through funds that the firm raises and manages .\nof these amounts , $ 2.87 billion and $ 5.48 billion as of december 2014 and december 2013 , respectively , relate to commitments to invest in funds managed by the firm .\nif these commitments are called , they would be funded at market value on the date of investment .\nleases the firm has contractual obligations under long-term noncancelable lease agreements , principally for office space , expiring on various dates through 2069 .\ncertain agreements are subject to periodic escalation provisions for increases in real estate taxes and other charges .\nthe table below presents future minimum rental payments , net of minimum sublease rentals .\n$ in millions december 2014 .\n\nTable Data:\n[['$ in millions', 'as of december 2014'], ['2015', '$ 321'], ['2016', '292'], ['2017', '274'], ['2018', '226'], ['2019', '190'], ['2020 - thereafter', '870'], ['total', '$ 2173']]\n\nFollowing Text:\nrent charged to operating expense was $ 309 million for 2014 , $ 324 million for 2013 and $ 374 million for 2012 .\noperating leases include office space held in excess of current requirements .\nrent expense relating to space held for growth is included in 201coccupancy . 201d the firm records a liability , based on the fair value of the remaining lease rentals reduced by any potential or existing sublease rentals , for leases where the firm has ceased using the space and management has concluded that the firm will not derive any future economic benefits .\ncosts to terminate a lease before the end of its term are recognized and measured at fair value on termination .\ngoldman sachs 2014 annual report 165 .\n\nQuestion: what percentage of future minimum rental payments is due after 2019?",
        "solution": "40%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2015/page_109.pdf\n\nID: AWK/2015/page_109.pdf-2\n\nPrevious Text:\nduring 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .\nassets acquired , principally plant , totaled $ 17 .\nliabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .\nduring 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .\nassets acquired , primarily utility plant , totaled $ 67 .\nliabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .\nincluded in these totals was the company 2019s november 14 , 2013 acquisition of all of the capital stock of dale service corporation ( 201cdale 201d ) , a regulated wastewater utility company , for a total cash purchase price of $ 5 ( net of cash acquired of $ 7 ) , plus assumed liabilities .\nthe dale acquisition was accounted for as a business combination ; accordingly , operating results from november 14 , 2013 were included in the company 2019s results of operations .\nthe purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .\nthe company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .\nsimilarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .\nthe acquired debt was valued in a manner consistent with the company 2019s level 3 debt .\nsee note 17 2014fair value of financial instruments .\nnon-cash assets acquired in the dale acquisition , primarily utility plant , totaled $ 41 ; liabilities assumed totaled $ 36 , including debt assumed of $ 13 and contributions of $ 19 .\ndivestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .\nafter post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .\nthe following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: .\n\nTable Data:\n[['', '2014', '2013'], ['operating revenues', '$ 13', '$ 23'], ['total operating expenses net', '19', '26'], ['loss from discontinued operations before income taxes', '-6 ( 6 )', '-3 ( 3 )'], ['provision ( benefit ) for income taxes', '1', '-1 ( 1 )'], ['loss from discontinued operations net of tax', '$ -7 ( 7 )', '$ -2 ( 2 )']]\n\nFollowing Text:\nthe provision for income taxes of discontinued operations includes the recognition of tax expense related to the difference between the tax basis and book basis of assets upon the sales of terratec that resulted in taxable gains , since an election was made under section 338 ( h ) ( 10 ) of the internal revenue code to treat the sales as asset sales .\nthere were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .\n\nQuestion: what was the percentage growth in operating expenses from 2013 to 2014",
        "solution": "-26.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2018/page_76.pdf\n\nID: GS/2018/page_76.pdf-2\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries management 2019s discussion and analysis net revenues in equities were $ 6.60 billion , 4% ( 4 % ) lower than 2016 , primarily due to lower commissions and fees , reflecting a decline in our listed cash equity volumes in the u.s .\nmarket volumes in the u.s .\nalso declined .\nin addition , net revenues in equities client execution were lower , reflecting lower net revenues in derivatives , partially offset by higher net revenues in cash products .\nnet revenues in securities services were essentially unchanged .\noperating expenses were $ 9.69 billion for 2017 , essentially unchanged compared with 2016 , due to decreased compensation and benefits expenses , reflecting lower net revenues , largely offset by increased technology expenses , reflecting higher expenses related to cloud-based services and software depreciation , and increased consulting costs .\npre-tax earnings were $ 2.21 billion in 2017 , 54% ( 54 % ) lower than 2016 .\ninvesting & lending investing & lending includes our investing activities and the origination of loans , including our relationship lending activities , to provide financing to clients .\nthese investments and loans are typically longer-term in nature .\nwe make investments , some of which are consolidated , including through our merchant banking business and our special situations group , in debt securities and loans , public and private equity securities , infrastructure and real estate entities .\nsome of these investments are made indirectly through funds that we manage .\nwe also make unsecured loans through our digital platform , marcus : by goldman sachs and secured loans through our digital platform , goldman sachs private bank select .\nthe table below presents the operating results of our investing & lending segment. .\n\nTable Data:\n[['$ in millions', 'year ended december 2018', 'year ended december 2017', 'year ended december 2016'], ['equity securities', '$ 4455', '$ 4578', '$ 2573'], ['debt securities and loans', '3795', '2660', '1689'], ['total net revenues', '8250', '7238', '4262'], ['provision for credit losses', '674', '657', '182'], ['operating expenses', '3365', '2796', '2386'], ['pre-taxearnings', '$ 4211', '$ 3785', '$ 1694']]\n\nFollowing Text:\noperating environment .\nduring 2018 , our investments in private equities benefited from company-specific events , including sales , and strong corporate performance , while investments in public equities reflected losses , as global equity prices generally decreased .\nresults for our investments in debt securities and loans reflected continued growth in loans receivables , resulting in higher net interest income .\nif macroeconomic concerns negatively affect corporate performance or the origination of loans , or if global equity prices continue to decline , net revenues in investing & lending would likely be negatively impacted .\nduring 2017 , generally higher global equity prices and tighter credit spreads contributed to a favorable environment for our equity and debt investments .\nresults also reflected net gains from company-specific events , including sales , and corporate performance .\n2018 versus 2017 .\nnet revenues in investing & lending were $ 8.25 billion for 2018 , 14% ( 14 % ) higher than 2017 .\nnet revenues in equity securities were $ 4.46 billion , 3% ( 3 % ) lower than 2017 , reflecting net losses from investments in public equities ( 2018 included $ 183 million of net losses ) compared with net gains in the prior year , partially offset by significantly higher net gains from investments in private equities ( 2018 included $ 4.64 billion of net gains ) , driven by company-specific events , including sales , and corporate performance .\nfor 2018 , 60% ( 60 % ) of the net revenues in equity securities were generated from corporate investments and 40% ( 40 % ) were generated from real estate .\nnet revenues in debt securities and loans were $ 3.80 billion , 43% ( 43 % ) higher than 2017 , primarily driven by significantly higher net interest income .\n2018 included net interest income of approximately $ 2.70 billion compared with approximately $ 1.80 billion in 2017 .\nprovision for credit losses was $ 674 million for 2018 , compared with $ 657 million for 2017 , as the higher provision for credit losses primarily related to consumer loan growth in 2018 was partially offset by an impairment of approximately $ 130 million on a secured loan in 2017 .\noperating expenses were $ 3.37 billion for 2018 , 20% ( 20 % ) higher than 2017 , primarily due to increased expenses related to consolidated investments and our digital lending and deposit platform , and increased compensation and benefits expenses , reflecting higher net revenues .\npre-tax earnings were $ 4.21 billion in 2018 , 11% ( 11 % ) higher than 2017 versus 2016 .\nnet revenues in investing & lending were $ 7.24 billion for 2017 , 70% ( 70 % ) higher than 2016 .\nnet revenues in equity securities were $ 4.58 billion , 78% ( 78 % ) higher than 2016 , primarily reflecting a significant increase in net gains from private equities ( 2017 included $ 3.82 billion of net gains ) , which were positively impacted by company-specific events and corporate performance .\nin addition , net gains from public equities ( 2017 included $ 762 million of net gains ) were significantly higher , as global equity prices increased during the year .\nfor 2017 , 64% ( 64 % ) of the net revenues in equity securities were generated from corporate investments and 36% ( 36 % ) were generated from real estate .\nnet revenues in debt securities and loans were $ 2.66 billion , 57% ( 57 % ) higher than 2016 , reflecting significantly higher net interest income ( 2017 included approximately $ 1.80 billion of net interest income ) .\n60 goldman sachs 2018 form 10-k .\n\nQuestion: for the lending segment , in millions , for 2018 , 2017 , and 2016 , what was the largest earnings from equity securities?",
        "solution": "4578"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_335.pdf\n\nID: ETR/2004/page_335.pdf-1\n\nPrevious Text:\ndomestic utility companies and system energy notes to respective financial statements protested the disallowance of these deductions to the office of irs appeals .\nentergy expects to receive a notice of deficiency in 2005 for this item , and plans to vigorously contest this matter .\nentergy believes that the contingency provision established in its financial statements sufficiently covers the risk associated with this item .\nmark to market of certain power contracts in 2001 , entergy louisiana changed its method of accounting for tax purposes related to its wholesale electric power contracts .\nthe most significant of these is the contract to purchase power from the vidalia hydroelectric project .\nthe new tax accounting method has provided a cumulative cash flow benefit of approximately $ 790 million as of december 31 , 2004 .\nthe related irs interest exposure is $ 93 million at december 31 , 2004 .\nthis benefit is expected to reverse in the years 2005 through 2031 .\nthe election did not reduce book income tax expense .\nthe timing of the reversal of this benefit depends on several variables , including the price of power .\ndue to the temporary nature of the tax benefit , the potential interest charge represents entergy's net earnings exposure .\nentergy louisiana's 2001 tax return is currently under examination by the irs , though no adjustments have yet been proposed with respect to the mark to market election .\nentergy believes that the contingency provision established in its financial statements will sufficiently cover the risk associated with this issue .\ncashpoint bankruptcy ( entergy arkansas , entergy gulf states , entergy louisiana , entergy mississippi , and entergy new orleans ) in 2003 the domestic utility companies entered an agreement with cashpoint network services ( cashpoint ) under which cashpoint was to manage a network of payment agents through which entergy's utility customers could pay their bills .\nthe payment agent system allows customers to pay their bills at various commercial or governmental locations , rather than sending payments by mail .\napproximately one-third of entergy's utility customers use payment agents .\non april 19 , 2004 , cashpoint failed to pay funds due to the domestic utility companies that had been collected through payment agents .\nthe domestic utility companies then obtained a temporary restraining order from the civil district court for the parish of orleans , state of louisiana , enjoining cashpoint from distributing funds belonging to entergy , except by paying those funds to entergy .\non april 22 , 2004 , a petition for involuntary chapter 7 bankruptcy was filed against cashpoint by other creditors in the united states bankruptcy court for the southern district of new york .\nin response to these events , the domestic utility companies expanded an existing contract with another company to manage all of their payment agents .\nthe domestic utility companies filed proofs of claim in the cashpoint bankruptcy proceeding in september 2004 .\nalthough entergy cannot precisely determine at this time the amount that cashpoint owes to the domestic utility companies that may not be repaid , it has accrued an estimate of loss based on current information .\nif no cash is repaid to the domestic utility companies , an event entergy does not believe is likely , the current estimates of maximum exposure to loss are approximately as follows : amount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['entergy arkansas', '$ 1.8'], ['entergy gulf states', '$ 7.7'], ['entergy louisiana', '$ 8.8'], ['entergy mississippi', '$ 4.3'], ['entergy new orleans', '$ 2.4']]\n\nFollowing Text:\nenvironmental issues ( entergy gulf states ) entergy gulf states has been designated as a prp for the cleanup of certain hazardous waste disposal sites .\nas of december 31 , 2004 , entergy gulf states does not expect the remaining clean-up costs to exceed its recorded liability of $ 1.5 million for the remaining sites at which the epa has designated entergy gulf states as a prp. .\n\nQuestion: what is the recorded liability of remaining clean-up costs as of december 31 , 2004 as a percentage of the current estimates of maximum exposure to loss for entergy gulf states?",
        "solution": "19.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2010/page_150.pdf\n\nID: CE/2010/page_150.pdf-1\n\nPrevious Text:\nasbestos claims the company and several of its us subsidiaries are defendants in asbestos cases .\nduring the year ended december 31 , 2010 , asbestos case activity is as follows: .\n\nTable Data:\n[['', 'asbestos cases'], ['as of december 31 2009', '526'], ['case adjustments', '2'], ['new cases filed', '41'], ['resolved cases', '-70 ( 70 )'], ['as of december 31 2010', '499']]\n\nFollowing Text:\nbecause many of these cases involve numerous plaintiffs , the company is subject to claims significantly in excess of the number of actual cases .\nthe company has reserves for defense costs related to claims arising from these matters .\naward proceedings in relation to domination agreement and squeeze-out on october 1 , 2004 , celanese gmbh and the company 2019s subsidiary , bcp holdings gmbh ( 201cbcp holdings 201d ) , a german limited liability company , entered into a domination agreement pursuant to which the bcp holdings became obligated to offer to acquire all outstanding celanese gmbh shares from the minority shareholders of celanese gmbh in return for payment of fair cash compensation ( the 201cpurchaser offer 201d ) .\nthe amount of this fair cash compensation was determined to be a41.92 per share in accordance with applicable german law .\nall minority shareholders who elected not to sell their shares to the bcp holdings under the purchaser offer were entitled to remain shareholders of celanese gmbh and to receive from the bcp holdings a gross guaranteed annual payment of a3.27 per celanese gmbh share less certain corporate taxes in lieu of any dividend .\nas of march 30 , 2005 , several minority shareholders of celanese gmbh had initiated special award proceedings seeking the court 2019s review of the amounts of the fair cash compensation and of the guaranteed annual payment offered in the purchaser offer under the domination agreement .\nin the purchaser offer , 145387 shares were tendered at the fair cash compensation of a41.92 , and 924078 shares initially remained outstanding and were entitled to the guaranteed annual payment under the domination agreement .\nas a result of these proceedings , the amount of the fair cash consideration and the guaranteed annual payment paid under the domination agreement could be increased by the court so that all minority shareholders , including those who have already tendered their shares in the purchaser offer for the fair cash compensation , could claim the respective higher amounts .\non december 12 , 2006 , the court of first instance appointed an expert to assist the court in determining the value of celanese gmbh .\non may 30 , 2006 the majority shareholder of celanese gmbh adopted a squeeze-out resolution under which all outstanding shares held by minority shareholders should be transferred to bcp holdings for a fair cash compensation of a66.99 per share ( the 201csqueeze-out 201d ) .\nthis shareholder resolution was challenged by shareholders but the squeeze-out became effective after the disputes were settled on december 22 , 2006 .\naward proceedings were subsequently filed by 79 shareholders against bcp holdings with the frankfurt district court requesting the court to set a higher amount for the squeeze-out compensation .\npursuant to a settlement agreement between bcp holdings and certain former celanese gmbh shareholders , if the court sets a higher value for the fair cash compensation or the guaranteed payment under the purchaser offer or the squeeze-out compensation , former celanese gmbh shareholders who ceased to be shareholders of celanese gmbh due to the squeeze-out will be entitled to claim for their shares the higher of the compensation amounts determined by the court in these different proceedings related to the purchaser offer and the squeeze-out .\nif the fair cash compensation determined by the court is higher than the squeeze-out compensation of a 66.99 , then 1069465 shares will be entitled to an adjustment .\nif the court confirms the value of the fair cash compensation under the domination agreement but determines a higher value for the squeeze-out compensation , 924078 shares %%transmsg*** transmitting job : d77691 pcn : 148000000 ***%%pcmsg|148 |00010|yes|no|02/08/2011 16:10|0|0|page is valid , no graphics -- color : n| .\n\nQuestion: in 2010 what was the percentage decline in the asbestos cases from 2009",
        "solution": "-5.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2013/page_78.pdf\n\nID: AAPL/2013/page_78.pdf-3\n\nPrevious Text:\ntable of contents rent expense under all operating leases , including both cancelable and noncancelable leases , was $ 645 million , $ 488 million and $ 338 million in 2013 , 2012 and 2011 , respectively .\nfuture minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 28 , 2013 , are as follows ( in millions ) : other commitments as of september 28 , 2013 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 18.6 billion .\nin addition to the off-balance sheet commitments mentioned above , the company had outstanding obligations of $ 1.3 billion as of september 28 , 2013 , which consisted mainly of commitments to acquire capital assets , including product tooling and manufacturing process equipment , and commitments related to advertising , research and development , internet and telecommunications services and other obligations .\ncontingencies the company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and that have not been fully adjudicated .\nin the opinion of management , there was not at least a reasonable possibility the company may have incurred a material loss , or a material loss in excess of a recorded accrual , with respect to loss contingencies .\nhowever , the outcome of litigation is inherently uncertain .\ntherefore , although management considers the likelihood of such an outcome to be remote , if one or more of these legal matters were resolved against the company in a reporting period for amounts in excess of management 2019s expectations , the company 2019s consolidated financial statements for that reporting period could be materially adversely affected .\napple inc .\nv .\nsamsung electronics co. , ltd , et al .\non august 24 , 2012 , a jury returned a verdict awarding the company $ 1.05 billion in its lawsuit against samsung electronics co. , ltd and affiliated parties in the united states district court , northern district of california , san jose division .\non march 1 , 2013 , the district court upheld $ 599 million of the jury 2019s award and ordered a new trial as to the remainder .\nbecause the award is subject to entry of final judgment , partial re-trial and appeal , the company has not recognized the award in its results of operations .\nvirnetx , inc .\nv .\napple inc .\net al .\non august 11 , 2010 , virnetx , inc .\nfiled an action against the company alleging that certain of its products infringed on four patents relating to network communications technology .\non november 6 , 2012 , a jury returned a verdict against the company , and awarded damages of $ 368 million .\nthe company is challenging the verdict , believes it has valid defenses and has not recorded a loss accrual at this time. .\n\nTable Data:\n[['2014', '$ 610'], ['2015', '613'], ['2016', '587'], ['2017', '551'], ['2018', '505'], ['thereafter', '1855'], ['total minimum lease payments', '$ 4721']]\n\nFollowing Text:\n.\n\nQuestion: what are the total minimum lease payments due in 2014 and 2015 , in millions?",
        "solution": "1223"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2009/page_122.pdf\n\nID: STT/2009/page_122.pdf-4\n\nPrevious Text:\nnote 10 .\ncommitments and contingencies credit-related commitments and contingencies : credit-related financial instruments , which are off-balance sheet , include indemnified securities financing , unfunded commitments to extend credit or purchase assets , and standby letters of credit .\nthe potential loss associated with indemnified securities financing , unfunded commitments and standby letters of credit is equal to the total gross contractual amount , which does not consider the value of any collateral .\nthe following table summarizes the total gross contractual amounts of credit-related off-balance sheet financial instruments at december 31 .\namounts reported do not reflect participations to independent third parties. .\n\nTable Data:\n[['( in millions )', '2009', '2008'], ['indemnified securities financing', '$ 365251', '$ 324590'], ['asset purchase agreements ( 1 )', '8211', '31780'], ['unfunded commitments to extend credit', '18078', '20981'], ['standby letters of credit', '4784', '6061']]\n\nFollowing Text:\n( 1 ) amount for 2009 excludes agreements related to the commercial paper conduits , which were consolidated in may 2009 ; see note 11 .\napproximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .\nsince many of these commitments are expected to expire or renew without being drawn upon , the total commitment amount does not necessarily represent future cash requirements .\nsecurities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .\nwe generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .\ncollateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .\nwe require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .\nthe borrowed securities are revalued daily to determine if additional collateral is necessary .\nin this regard , we held , as agent , cash and u.s .\ngovernment securities with an aggregate fair value of $ 375.92 billion and $ 333.07 billion as collateral for indemnified securities on loan at december 31 , 2009 and 2008 , respectively , presented in the table above .\nthe collateral held by us is invested on behalf of our customers in accordance with their guidelines .\nin certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .\nwe require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .\nthe indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .\nof the collateral of $ 375.92 billion at december 31 , 2009 and $ 333.07 billion at december 31 , 2008 referenced above , $ 77.73 billion at december 31 , 2009 and $ 68.37 billion at december 31 , 2008 was invested in indemnified repurchase agreements .\nwe held , as agent , cash and securities with an aggregate fair value of $ 82.62 billion and $ 71.87 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2009 and december 31 , 2008 , respectively .\nlegal proceedings : in the ordinary course of business , we and our subsidiaries are involved in disputes , litigation and regulatory inquiries and investigations , both pending and threatened .\nthese matters , if resolved adversely against us , may result in monetary damages , fines and penalties or require changes in our business practices .\nthe resolution of these proceedings is inherently difficult to predict .\nhowever , we do not believe that the amount of any judgment , settlement or other action arising from any pending proceeding will have a material adverse effect on our consolidated financial condition , although the outcome of certain of the matters described below may have a material adverse effect on our consolidated results of operations for the period in which such matter is resolved .\n\nQuestion: what is the percent change in asset purchase agreements between 2008 and 2009?",
        "solution": "-74%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2009/page_116.pdf\n\nID: MSI/2009/page_116.pdf-1\n\nPrevious Text:\ninsurance arrangement .\nas a result of the adoption of this new guidance , the company recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 45 million with the offset reflected as a cumulative-effect adjustment to january 1 , 2008 retained earnings and accumulated other comprehensive income ( loss ) in the amounts of $ 4 million and $ 41 million , respectively , in the company 2019s consolidated statement of stockholders 2019 equity .\nit is currently expected that minimal , if any , further cash payments will be required to fund these policies .\nthe net periodic cost for these split-dollar life insurance arrangements was $ 6 million in both the years ended december 31 , 2009 and 2008 .\nthe company has recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 48 million and $ 47 million as of december 31 , 2009 and december 31 , 2008 , respectively .\ndefined contribution plan the company and certain subsidiaries have various defined contribution plans , in which all eligible employees participate .\nin the u.s. , the 401 ( k ) plan is a contributory plan .\nmatching contributions are based upon the amount of the employees 2019 contributions .\neffective january 1 , 2005 , newly hired employees have a higher maximum matching contribution at 4% ( 4 % ) on the first 5% ( 5 % ) of employee contributions , compared to 3% ( 3 % ) on the first 6% ( 6 % ) of employee contributions for employees hired prior to january 2005 .\neffective january 1 , 2009 , the company temporarily suspended all matching contributions to the motorola 401 ( k ) plan .\nthe company 2019s expenses , primarily relating to the employer match , for all defined contribution plans , for the years ended december 31 , 2009 , 2008 and 2007 were $ 8 million , $ 95 million and $ 116 million , respectively .\n8 .\nshare-based compensation plans and other incentive plans stock options , stock appreciation rights and employee stock purchase plan the company grants options to acquire shares of common stock to certain employees , and existing option holders in connection with the merging of option plans following an acquisition .\neach option granted and stock appreciation right has an exercise price of no less than 100% ( 100 % ) of the fair market value of the common stock on the date of the grant .\nthe awards have a contractual life of five to ten years and vest over two to four years .\nstock options and stock appreciation rights assumed or replaced with comparable stock options or stock appreciation rights in conjunction with a change in control only become exercisable if the holder is also involuntarily terminated ( for a reason other than cause ) or quits for good reason within 24 months of a change in control .\nthe employee stock purchase plan allows eligible participants to purchase shares of the company 2019s common stock through payroll deductions of up to 10% ( 10 % ) of eligible compensation on an after-tax basis .\nplan participants cannot purchase more than $ 25000 of stock in any calendar year .\nthe price an employee pays per share is 85% ( 85 % ) of the lower of the fair market value of the company 2019s stock on the close of the first trading day or last trading day of the purchase period .\nthe plan has two purchase periods , the first one from october 1 through march 31 and the second one from april 1 through september 30 .\nfor the years ended december 31 , 2009 , 2008 and 2007 , employees purchased 29.4 million , 18.9 million and 10.2 million shares , respectively , at purchase prices of $ 3.60 and $ 3.68 , $ 7.91 and $ 6.07 , and $ 14.93 and $ 15.02 , respectively .\nthe company calculates the value of each employee stock option , estimated on the date of grant , using the black-scholes option pricing model .\nthe weighted-average estimated fair value of employee stock options granted during 2009 , 2008 and 2007 was $ 2.78 , $ 3.47 and $ 5.95 , respectively , using the following weighted-average assumptions : 2009 2008 2007 .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['expected volatility', '57.1% ( 57.1 % )', '56.4% ( 56.4 % )', '28.3% ( 28.3 % )'], ['risk-free interest rate', '1.9% ( 1.9 % )', '2.4% ( 2.4 % )', '4.5% ( 4.5 % )'], ['dividend yield', '0.0% ( 0.0 % )', '2.7% ( 2.7 % )', '1.1% ( 1.1 % )'], ['expected life ( years )', '3.9', '5.5', '6.5']]\n\nFollowing Text:\n.\n\nQuestion: what was the average company 2019s expenses , primarily relating to the employer match from 2007 to 2009 for all defined contribution plans in millions",
        "solution": "73"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BDX/2016/page_21.pdf\n\nID: BDX/2016/page_21.pdf-1\n\nPrevious Text:\nthe agreements that govern the indebtedness incurred or assumed in connection with the acquisition contain various covenants that impose restrictions on us and certain of our subsidiaries that may affect our ability to operate our businesses .\nthe agreements that govern the indebtedness incurred or assumed in connection with the carefusion transaction contain various affirmative and negative covenants that may , subject to certain significant exceptions , restrict our ability and the ability of certain of our subsidiaries ( including carefusion ) to , among other things , have liens on their property , transact business with affiliates and/or merge or consolidate with any other person or sell or convey certain of our assets to any one person .\nin addition , some of the agreements that govern our indebtedness contain financial covenants that will require us to maintain certain financial ratios .\nour ability and the ability of our subsidiaries to comply with these provisions may be affected by events beyond our control .\nfailure to comply with these covenants could result in an event of default , which , if not cured or waived , could accelerate our repayment obligations .\nitem 1b .\nunresolved staff comments .\nitem 2 .\nproperties .\nbd 2019s executive offices are located in franklin lakes , new jersey .\nas of october 31 , 2016 , bd owned or leased 255 facilities throughout the world , comprising approximately 19796011 square feet of manufacturing , warehousing , administrative and research facilities .\nthe u.s .\nfacilities , including those in puerto rico , comprise approximately 7459856 square feet of owned and 2923257 square feet of leased space .\nthe international facilities comprise approximately 7189652 square feet of owned and 2223245 square feet of leased space .\nsales offices and distribution centers included in the total square footage are also located throughout the world .\noperations in each of bd 2019s business segments are conducted at both u.s .\nand international locations .\nparticularly in the international marketplace , facilities often serve more than one business segment and are used for multiple purposes , such as administrative/sales , manufacturing and/or warehousing/distribution .\nbd generally seeks to own its manufacturing facilities , although some are leased .\nthe following table summarizes property information by business segment. .\n\nTable Data:\n[['sites', 'corporate', 'bd life sciences', 'bd medical', 'mixed ( a )', 'total'], ['leased', '11', '19', '75', '92', '195'], ['owned', '3', '15', '31', '121', '60'], ['total', '14', '34', '106', '103', '255'], ['square feet', '1425720', '4337963', '9891908', '4140420', '19796011']]\n\nFollowing Text:\n( a ) facilities used by more than one business segment .\nbd believes that its facilities are of good construction and in good physical condition , are suitable and adequate for the operations conducted at those facilities , and are , with minor exceptions , fully utilized and operating at normal capacity .\nthe u.s .\nfacilities are located in alabama , arizona , california , connecticut , florida , georgia , illinois , indiana , maryland , massachusetts , michigan , nebraska , new jersey , north carolina , ohio , oklahoma , south carolina , texas , utah , virginia , washington , d.c. , washington , wisconsin and puerto rico .\nthe international facilities are as follows : - europe , middle east , africa , which includes facilities in austria , belgium , bosnia and herzegovina , the czech republic , denmark , england , finland , france , germany , ghana , hungary , ireland , italy , kenya , luxembourg , netherlands , norway , poland , portugal , russia , saudi arabia , south africa , spain , sweden , switzerland , turkey , the united arab emirates and zambia. .\n\nQuestion: what was the percent of the total international facilities square feet of owned by bd",
        "solution": "76.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2012/page_64.pdf\n\nID: IP/2012/page_64.pdf-4\n\nPrevious Text:\nthrough current cash balances and cash from oper- ations .\nadditionally , the company has existing credit facilities totaling $ 2.5 billion .\nthe company was in compliance with all its debt covenants at december 31 , 2012 .\nthe company 2019s financial covenants require the maintenance of a minimum net worth of $ 9 billion and a total debt-to- capital ratio of less than 60% ( 60 % ) .\nnet worth is defined as the sum of common stock , paid-in capital and retained earnings , less treasury stock plus any cumulative goodwill impairment charges .\nthe calcu- lation also excludes accumulated other compre- hensive income/loss and nonrecourse financial liabilities of special purpose entities .\nthe total debt- to-capital ratio is defined as total debt divided by the sum of total debt plus net worth .\nat december 31 , 2012 , international paper 2019s net worth was $ 13.9 bil- lion , and the total-debt-to-capital ratio was 42% ( 42 % ) .\nthe company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows .\nfunding decisions will be guided by our capi- tal structure planning objectives .\nthe primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense .\nthe majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors .\nmaintaining an investment grade credit rating is an important element of international paper 2019s financing strategy .\nat december 31 , 2012 , the company held long-term credit ratings of bbb ( stable outlook ) and baa3 ( stable outlook ) by s&p and moody 2019s , respectively .\ncontractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2012 , were as follows: .\n\nTable Data:\n[['in millions', '2013', '2014', '2015', '2016', '2017', 'thereafter'], ['maturities of long-term debt ( a )', '$ 444', '$ 708', '$ 479', '$ 571', '$ 216', '$ 7722'], ['debt obligations with right of offset ( b )', '2014', '2014', '2014', '5173', '2014', '2014'], ['lease obligations', '198', '136', '106', '70', '50', '141'], ['purchase obligations ( c )', '3213', '828', '722', '620', '808', '2654'], ['total ( d )', '$ 3855', '$ 1672', '$ 1307', '$ 6434', '$ 1074', '$ 10517']]\n\nFollowing Text:\n( a ) total debt includes scheduled principal payments only .\n( b ) represents debt obligations borrowed from non-consolidated variable interest entities for which international paper has , and intends to effect , a legal right to offset these obligations with investments held in the entities .\naccordingly , in its con- solidated balance sheet at december 31 , 2012 , international paper has offset approximately $ 5.2 billion of interests in the entities against this $ 5.2 billion of debt obligations held by the entities ( see note 11 variable interest entities and preferred securities of subsidiaries on pages 69 through 72 in item 8 .\nfinancial statements and supplementary data ) .\n( c ) includes $ 3.6 billion relating to fiber supply agreements entered into at the time of the 2006 transformation plan forest- land sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business .\n( d ) not included in the above table due to the uncertainty as to the amount and timing of the payment are unrecognized tax bene- fits of approximately $ 620 million .\nwe consider the undistributed earnings of our for- eign subsidiaries as of december 31 , 2012 , to be indefinitely reinvested and , accordingly , no u.s .\nincome taxes have been provided thereon .\nas of december 31 , 2012 , the amount of cash associated with indefinitely reinvested foreign earnings was approximately $ 840 million .\nwe do not anticipate the need to repatriate funds to the united states to sat- isfy domestic liquidity needs arising in the ordinary course of business , including liquidity needs asso- ciated with our domestic debt service requirements .\npension obligations and funding at december 31 , 2012 , the projected benefit obliga- tion for the company 2019s u.s .\ndefined benefit plans determined under u.s .\ngaap was approximately $ 4.1 billion higher than the fair value of plan assets .\napproximately $ 3.7 billion of this amount relates to plans that are subject to minimum funding require- ments .\nunder current irs funding rules , the calcu- lation of minimum funding requirements differs from the calculation of the present value of plan benefits ( the projected benefit obligation ) for accounting purposes .\nin december 2008 , the worker , retiree and employer recovery act of 2008 ( wera ) was passed by the u.s .\ncongress which provided for pension funding relief and technical corrections .\nfunding contributions depend on the funding method selected by the company , and the timing of its implementation , as well as on actual demo- graphic data and the targeted funding level .\nthe company continually reassesses the amount and timing of any discretionary contributions and elected to make voluntary contributions totaling $ 44 million and $ 300 million for the years ended december 31 , 2012 and 2011 , respectively .\nat this time , we expect that required contributions to its plans in 2013 will be approximately $ 31 million , although the company may elect to make future voluntary contributions .\nthe timing and amount of future contributions , which could be material , will depend on a number of factors , including the actual earnings and changes in values of plan assets and changes in interest rates .\nilim holding s.a .\nshareholder 2019s agreement in october 2007 , in connection with the for- mation of the ilim holding s.a .\njoint venture , international paper entered into a share- holder 2019s agreement that includes provisions relating to the reconciliation of disputes among the partners .\nthis agreement provides that at .\n\nQuestion: in 2013 what was the percent of the maturities of long term debt of the total contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2012",
        "solution": "11.52%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAP/2016/page_65.pdf\n\nID: AAP/2016/page_65.pdf-2\n\nPrevious Text:\nadvance auto parts , inc .\nand subsidiaries notes to the consolidated financial statements december 31 , 2016 , january 2 , 2016 and january 3 , 2015 ( in thousands , except per share data ) 2 .\ninventories , net : merchandise inventory the company used the lifo method of accounting for approximately 89% ( 89 % ) of inventories at both december 31 , 2016 and january 2 , 2016 .\nunder lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in 2016 and prior years .\nas a result of utilizing lifo , the company recorded a reduction to cost of sales of $ 40711 and $ 42295 in 2016 and 2015 , respectively , and an increase to cost of sales of $ 8930 in 2014 .\nhistorically , the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased as the company has been able to leverage its continued growth and execution of merchandise strategies .\nthe increase in cost of sales for 2014 was the result of an increase in supply chain costs .\nproduct cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries and the inventory of certain subsidiaries , which are valued under the first-in , first-out ( 201cfifo 201d ) method .\nproduct cores are included as part of the company 2019s merchandise costs and are either passed on to the customer or returned to the vendor .\nbecause product cores are not subject to frequent cost changes like the company 2019s other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .\ninventory overhead costs purchasing and warehousing costs included in inventory as of december 31 , 2016 and january 2 , 2016 , were $ 395240 and $ 359829 , respectively .\ninventory balance and inventory reserves inventory balances at the end of 2016 and 2015 were as follows : december 31 , january 2 .\n\nTable Data:\n[['', 'december 312016', 'january 22016'], ['inventories at fifo net', '$ 4120030', '$ 4009641'], ['adjustments to state inventories at lifo', '205838', '165127'], ['inventories at lifo net', '$ 4325868', '$ 4174768']]\n\nFollowing Text:\ninventory quantities are tracked through a perpetual inventory system .\nthe company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of merchandise and core inventory .\nin its distribution centers and branches , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of merchandise and product core inventory .\nreserves for estimated shrink are established based on the results of physical inventories conducted by the company and other targeted inventory counts in its stores , results from recent cycle counts in its distribution facilities and historical and current loss trends .\nthe company also establishes reserves for potentially excess and obsolete inventories based on ( i ) current inventory levels , ( ii ) the historical analysis of product sales and ( iii ) current market conditions .\nthe company has return rights with many of its vendors and the majority of excess inventory is returned to its vendors for full credit .\nin certain situations , the company establishes reserves when less than full credit is expected from a vendor or when liquidating product will result in retail prices below recorded costs. .\n\nQuestion: how the cash flow from operations affected by the increase in inventories at lifo net in 2016?",
        "solution": "-151100"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2002/page_60.pdf\n\nID: AES/2002/page_60.pdf-4\n\nPrevious Text:\ncompetitive supply aes 2019s competitive supply line of business consists of generating facilities that sell electricity directly to wholesale customers in competitive markets .\nadditionally , as compared to the contract generation segment discussed above , these generating facilities generally sell less than 75% ( 75 % ) of their solution pursuant to long-term contracts with pre-determined pricing provisions and/or sell into power pools , under shorter-term contracts or into daily spot markets .\nthe prices paid for electricity under short-term contracts and in the spot markets are unpredictable and can be , and from time to time have been , volatile .\nthe results of operations of aes 2019s competitive supply business are also more sensitive to the impact of market fluctuations in the price of electricity , natural gas , coal and other raw materials .\nin the united kingdom , txu europe entered administration in november 2002 and is no longer performing under its contracts with drax and barry .\nas described in the footnotes and in other sections of the discussion and analysis of financial condition and results of operations , txu europe 2019s failure to perform under its contracts has had a material adverse effect on the results of operations of these businesses .\ntwo aes competitive supply businesses , aes wolf hollow , l.p .\nand granite ridge have fuel supply agreements with el paso merchant energy l.p .\nan affiliate of el paso corp. , which has encountered financial difficulties .\nthe company does not believe the financial difficulties of el paso corp .\nwill have a material adverse effect on el paso merchant energy l.p . 2019s performance under the supply agreement ; however , there can be no assurance that a further deterioration in el paso corp 2019s financial condition will not have a material adverse effect on the ability of el paso merchant energy l.p .\nto perform its obligations .\nwhile el paso corp 2019s financial condition may not have a material adverse effect on el paso merchant energy , l.p .\nat this time , it could lead to a default under the aes wolf hollow , l.p . 2019s fuel supply agreement , in which case aes wolf hollow , l.p . 2019s lenders may seek to declare a default under its credit agreements .\naes wolf hollow , l.p .\nis working in concert with its lenders to explore options to avoid such a default .\nthe revenues from our facilities that distribute electricity to end-use customers are generally subject to regulation .\nthese businesses are generally required to obtain third party approval or confirmation of rate increases before they can be passed on to the customers through tariffs .\nthese businesses comprise the large utilities and growth distribution segments of the company .\nrevenues from contract generation and competitive supply are not regulated .\nthe distribution of revenues between the segments for the years ended december 31 , 2002 , 2001 and 2000 is as follows: .\n\nTable Data:\n[['', '2002', '2001', '2000'], ['large utilities', '36% ( 36 % )', '21% ( 21 % )', '22% ( 22 % )'], ['growth distribution', '14% ( 14 % )', '21% ( 21 % )', '21% ( 21 % )'], ['contract generation', '29% ( 29 % )', '32% ( 32 % )', '27% ( 27 % )'], ['competitive supply', '21% ( 21 % )', '26% ( 26 % )', '30% ( 30 % )']]\n\nFollowing Text:\ndevelopment costs certain subsidiaries and affiliates of the company ( domestic and non-u.s. ) are in various stages of developing and constructing greenfield power plants , some but not all of which have signed long-term contracts or made similar arrangements for the sale of electricity .\nsuccessful completion depends upon overcoming substantial risks , including , but not limited to , risks relating to failures of siting , financing , construction , permitting , governmental approvals or the potential for termination of the power sales contract as a result of a failure to meet certain milestones .\nas of december 31 , 2002 , capitalized costs for projects under development and in early stage construction were approximately $ 15 million and capitalized costs for projects under construction were approximately $ 3.2 billion .\nthe company believes .\n\nQuestion: for 2002 what is the range between the largest and smallest segments , based on % (  % ) of total revenue?",
        "solution": "22%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_477.pdf\n\nID: ETR/2017/page_477.pdf-2\n\nPrevious Text:\nbased on the foregoing evaluation of management performance , the personnel committee approved the following annual incentive plan payouts to each named executive officer for 2017 : named executive officer base salary target as percentage of base salary payout as percentage of target 2017 annual incentive award .\n\nTable Data:\n[['named executive officer', 'base salary', 'target as percentage of base salary', 'payout as percentage of target', '2017 annualincentive award'], ['a . christopher bakken iii', '$ 620125', '70% ( 70 % )', '129% ( 129 % )', '$ 559973'], ['marcus v . brown', '$ 630000', '70% ( 70 % )', '129% ( 129 % )', '$ 568890'], ['leo p . denault', '$ 1230000', '135% ( 135 % )', '129% ( 129 % )', '$ 2142045'], ['haley r . fisackerly', '$ 355300', '40% ( 40 % )', '119% ( 119 % )', '$ 169123'], ['andrew s . marsh', '$ 600000', '70% ( 70 % )', '129% ( 129 % )', '$ 541800'], ['phillip r . may jr .', '$ 366150', '60% ( 60 % )', '137% ( 137 % )', '$ 300000'], ['sallie t . rainer', '$ 328275', '40% ( 40 % )', '119% ( 119 % )', '$ 156259'], ['charles l . rice jr .', '$ 286424', '40% ( 40 % )', '79% ( 79 % )', '$ 91000'], ['richard c . riley', '$ 344200', '40% ( 40 % )', '204% ( 204 % )', '$ 280661'], ['roderick k . west', '$ 675598', '70% ( 70 % )', '129% ( 129 % )', '$ 610065']]\n\nFollowing Text:\nnuclear retention plan mr . a0bakken participates in the nuclear retention plan , a retention plan for officers and other leaders with expertise in the nuclear industry .\nthe personnel committee authorized this plan to attract and retain key management and employee talent in the nuclear power field , a field that requires unique technical and other expertise that is in great demand in the utility industry .\nthe plan provides for bonuses to be paid annually over a three-year employment period with the bonus opportunity dependent on the participant 2019s management level and continued employment .\neach annual payment is equal to an amount ranging from 15% ( 15 % ) to 30% ( 30 % ) of the employee 2019s base salary as of their date of enrollment in the plan .\nmr . a0bakken 2019s participation in the plan commenced in may 2016 and in accordance with the terms and conditions of the plan , in may 2017 , 2018 , and 2019 , subject to his continued employment , mr . a0bakken will receive a cash bonus equal to 30% ( 30 % ) of his base salary as of may a01 , 2016 .\nthis plan does not allow for accelerated or prorated payout upon termination of any kind .\nthe three-year coverage period and percentage of base salary payable under the plan are consistent with the terms of participation of other senior nuclear officers who participate in this plan .\nin may 2017 , mr .\nbakken received a cash bonus of $ 181500 which equaled 30% ( 30 % ) of his may a01 , 2016 , base salary of $ 605000 .\nlong-term incentive compensation entergy corporation 2019s goal for its long-term incentive compensation is to focus the executive officers on building shareholder value and to increase the executive officers 2019 ownership of entergy corporation 2019s common stock in order to more closely align their interest with those of entergy corporation 2019s shareholders .\nin its long-term incentive compensation programs , entergy corporation uses a mix of performance units , restricted stock , and stock options .\nperformance units are used to deliver more than a majority of the total target long-term incentive awards .\nfor periods through the end of 2017 , performance units reward the named executive officers on the basis of total shareholder return , which is a measure of stock price appreciation and dividend payments , in relation to the companies in the philadelphia utility index .\nbeginning with the 2018-2020 performance period , a cumulative utility earnings metric has been added to the long-term performance unit program to supplement the relative total shareholder return measure that historically has been used in this program with each measure equally weighted .\nrestricted stock ties the executive officers 2019 long-term financial interest to the long-term financial interests of entergy corporation 2019s shareholders .\nstock options provide a direct incentive to increase the value of entergy corporation 2019s common stock .\nin general , entergy corporation seeks to allocate the total value of long-term incentive compensation 60% ( 60 % ) to performance units and 40% ( 40 % ) to a combination of stock options and restricted stock , equally divided in value , based on the value the compensation model seeks to deliver .\nawards for individual named executive officers may vary from this target as a result of individual performance , promotions , and internal pay equity .\nthe performance units for the 2015-2017 performance period were awarded under the 2011 equity ownership plan and long-term cash incentive plan ( the 201c2011 equity ownership plan 201d ) and the performance units for the .\n\nQuestion: what is the difference between the highest and the lowest base salary?",
        "solution": "943576"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2004/page_125.pdf\n\nID: HIG/2004/page_125.pdf-1\n\nPrevious Text:\non october 21 , 2004 , the hartford declared a dividend on its common stock of $ 0.29 per share payable on january 3 , 2005 to shareholders of record as of december 1 , 2004 .\nthe hartford declared $ 331 and paid $ 325 in dividends to shareholders in 2004 , declared $ 300 and paid $ 291 in dividends to shareholders in 2003 , declared $ 262 and paid $ 257 in 2002 .\naoci - aoci increased by $ 179 as of december 31 , 2004 compared with december 31 , 2003 .\nthe increase in aoci is primarily the result of life 2019s adoption of sop 03-1 , which resulted in a $ 292 cumulative effect for unrealized gains on securities in the first quarter of 2004 related to the reclassification of investments from separate account assets to general account assets , partially offset by net unrealized losses on cash-flow hedging instruments .\nthe funded status of the company 2019s pension and postretirement plans is dependent upon many factors , including returns on invested assets and the level of market interest rates .\ndeclines in the value of securities traded in equity markets coupled with declines in long- term interest rates have had a negative impact on the funded status of the plans .\nas a result , the company recorded a minimum pension liability as of december 31 , 2004 , and 2003 , which resulted in an after-tax reduction of stockholders 2019 equity of $ 480 and $ 375 respectively .\nthis minimum pension liability did not affect the company 2019s results of operations .\nfor additional information on stockholders 2019 equity and aoci see notes 15 and 16 , respectively , of notes to consolidated financial statements .\ncash flow 2004 2003 2002 .\n\nTable Data:\n[['cash flow', '2004', '2003', '2002'], ['net cash provided by operating activities', '$ 2634', '$ 3896', '$ 2577'], ['net cash used for investing activities', '$ -2401 ( 2401 )', '$ -8387 ( 8387 )', '$ -6600 ( 6600 )'], ['net cash provided by financing activities', '$ 477', '$ 4608', '$ 4037'], ['cash 2014 end of year', '$ 1148', '$ 462', '$ 377']]\n\nFollowing Text:\n2004 compared to 2003 2014 cash from operating activities primarily reflects premium cash flows in excess of claim payments .\nthe decrease in cash provided by operating activities was due primarily to the $ 1.15 billion settlement of the macarthur litigation in 2004 .\ncash provided by financing activities decreased primarily due to lower proceeds from investment and universal life-type contracts as a result of the adoption of sop 03-1 , decreased capital raising activities , repayment of commercial paper and early retirement of junior subordinated debentures in 2004 .\nthe decrease in cash from financing activities and operating cash flows invested long-term accounted for the majority of the change in cash used for investing activities .\n2003 compared to 2002 2014 the increase in cash provided by operating activities was primarily the result of strong premium cash flows .\nfinancing activities increased primarily due to capital raising activities related to the 2003 asbestos reserve addition and decreased due to repayments on long-term debt and lower proceeds from investment and universal life-type contracts .\nthe increase in cash from financing activities accounted for the majority of the change in cash used for investing activities .\noperating cash flows in each of the last three years have been adequate to meet liquidity requirements .\nequity markets for a discussion of the potential impact of the equity markets on capital and liquidity , see the capital markets risk management section under 201cmarket risk 201d .\nratings ratings are an important factor in establishing the competitive position in the insurance and financial services marketplace .\nthere can be no assurance that the company's ratings will continue for any given period of time or that they will not be changed .\nin the event the company's ratings are downgraded , the level of revenues or the persistency of the company's business may be adversely impacted .\non august 4 , 2004 , moody 2019s affirmed the company 2019s and hartford life , inc . 2019s a3 senior debt ratings as well as the aa3 insurance financial strength ratings of both its property-casualty and life insurance operating subsidiaries .\nin addition , moody 2019s changed the outlook for all of these ratings from negative to stable .\nsince the announcement of the suit filed by the new york attorney general 2019s office against marsh & mclennan companies , inc. , and marsh , inc .\non october 14 , 2004 , the major independent ratings agencies have indicated that they continue to monitor developments relating to the suit .\non october 22 , 2004 , standard & poor 2019s revised its outlook on the u.s .\nproperty/casualty commercial lines sector to negative from stable .\non november 23 , 2004 , standard & poor 2019s revised its outlook on the financial strength and credit ratings of the property-casualty insurance subsidiaries to negative from stable .\nthe outlook on the life insurance subsidiaries and corporate debt was unaffected. .\n\nQuestion: in 2004 what was the percent of the hartford declared dividends that was paid to shareholders i",
        "solution": "98.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2007/page_119.pdf\n\nID: JPM/2007/page_119.pdf-3\n\nPrevious Text:\njpmorgan chase & co .\n/ 2007 annual report 117 nonrecurring fair value changes the following table presents the total change in value of financial instruments for which a fair value adjustment has been included in the consolidated statement of income for the year ended december 31 , 2007 , related to financial instruments held at december 31 , 2007 .\nyear ended december 31 , 2007 ( in millions ) 2007 .\n\nTable Data:\n[['year ended december 31 2007 ( in millions )', '2007'], ['loans', '$ -720 ( 720 )'], ['other assets', '-161 ( 161 )'], ['accounts payable accrued expense and other liabilities', '2'], ['total nonrecurring fair value gains ( losses )', '$ -879 ( 879 )']]\n\nFollowing Text:\nin the above table , loans principally include changes in fair value for loans carried on the balance sheet at the lower of cost or fair value ; and accounts payable , accrued expense and other liabilities principally includes the change in fair value for unfunded lending-related commitments within the leveraged lending portfolio .\nlevel 3 assets analysis level 3 assets ( including assets measured at the lower of cost or fair value ) were 5% ( 5 % ) of total firm assets at december 31 , 2007 .\nthese assets increased during 2007 principally during the second half of the year , when liquidity in mortgages and other credit products fell dra- matically .\nthe increase was primarily due to an increase in leveraged loan balances within level 3 as the ability of the firm to syndicate this risk to third parties became limited by the credit environment .\nin addi- tion , there were transfers from level 2 to level 3 during 2007 .\nthese transfers were principally for instruments within the mortgage market where inputs which are significant to their valuation became unob- servable during the year .\nsubprime and alt-a whole loans , subprime home equity securities , commercial mortgage-backed mezzanine loans and credit default swaps referenced to asset-backed securities consti- tuted the majority of the affected instruments , reflecting a significant decline in liquidity in these instruments in the third and fourth quarters of 2007 , as new issue activity was nonexistent and independent pric- ing information was no longer available for these assets .\ntransition in connection with the initial adoption of sfas 157 , the firm recorded the following on january 1 , 2007 : 2022 a cumulative effect increase to retained earnings of $ 287 million , primarily related to the release of profit previously deferred in accordance with eitf 02-3 ; 2022 an increase to pretax income of $ 166 million ( $ 103 million after-tax ) related to the incorporation of the firm 2019s creditworthiness in the valuation of liabilities recorded at fair value ; and 2022 an increase to pretax income of $ 464 million ( $ 288 million after-tax ) related to valuations of nonpublic private equity investments .\nprior to the adoption of sfas 157 , the firm applied the provisions of eitf 02-3 to its derivative portfolio .\neitf 02-3 precluded the recogni- tion of initial trading profit in the absence of : ( a ) quoted market prices , ( b ) observable prices of other current market transactions or ( c ) other observable data supporting a valuation technique .\nin accor- dance with eitf 02-3 , the firm recognized the deferred profit in principal transactions revenue on a systematic basis ( typically straight- line amortization over the life of the instruments ) and when observ- able market data became available .\nprior to the adoption of sfas 157 the firm did not incorporate an adjustment into the valuation of liabilities carried at fair value on the consolidated balance sheet .\ncommencing january 1 , 2007 , in accor- dance with the requirements of sfas 157 , an adjustment was made to the valuation of liabilities measured at fair value to reflect the credit quality of the firm .\nprior to the adoption of sfas 157 , privately held investments were initially valued based upon cost .\nthe carrying values of privately held investments were adjusted from cost to reflect both positive and neg- ative changes evidenced by financing events with third-party capital providers .\nthe investments were also subject to ongoing impairment reviews by private equity senior investment professionals .\nthe increase in pretax income related to nonpublic private equity investments in connection with the adoption of sfas 157 was due to there being sufficient market evidence to support an increase in fair values using the sfas 157 methodology , although there had not been an actual third-party market transaction related to such investments .\nfinancial disclosures required by sfas 107 sfas 107 requires disclosure of the estimated fair value of certain financial instruments and the methods and significant assumptions used to estimate their fair values .\nmany but not all of the financial instruments held by the firm are recorded at fair value on the consolidated balance sheets .\nfinancial instruments within the scope of sfas 107 that are not carried at fair value on the consolidated balance sheets are discussed below .\nadditionally , certain financial instruments and all nonfinancial instruments are excluded from the scope of sfas 107 .\naccordingly , the fair value disclosures required by sfas 107 provide only a partial estimate of the fair value of jpmorgan chase .\nfor example , the firm has developed long-term relationships with its customers through its deposit base and credit card accounts , commonly referred to as core deposit intangibles and credit card relationships .\nin the opinion of management , these items , in the aggregate , add significant value to jpmorgan chase , but their fair value is not disclosed in this note .\nfinancial instruments for which fair value approximates carrying value certain financial instruments that are not carried at fair value on the consolidated balance sheets are carried at amounts that approxi- mate fair value due to their short-term nature and generally negligi- ble credit risk .\nthese instruments include cash and due from banks , deposits with banks , federal funds sold , securities purchased under resale agreements with short-dated maturities , securities borrowed , short-term receivables and accrued interest receivable , commercial paper , federal funds purchased , securities sold under repurchase agreements with short-dated maturities , other borrowed funds , accounts payable and accrued liabilities .\nin addition , sfas 107 requires that the fair value for deposit liabilities with no stated matu- rity ( i.e. , demand , savings and certain money market deposits ) be equal to their carrying value .\nsfas 107 does not allow for the recog- nition of the inherent funding value of these instruments. .\n\nQuestion: what was the tax rate associated with the increase in retained earrings related to the incorporation of the firm 2019s creditworthiness in the valuation of liabilities recorded at fair value;",
        "solution": "38%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MO/2016/page_10.pdf\n\nID: MO/2016/page_10.pdf-3\n\nPrevious Text:\nthe relative percentages of operating companies income ( loss ) attributable to each reportable segment and the all other category were as follows: .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['smokeable products', '86.2% ( 86.2 % )', '87.4% ( 87.4 % )', '87.2% ( 87.2 % )'], ['smokeless products', '13.1', '12.8', '13.4'], ['wine', '1.8', '1.8', '1.7'], ['all other', '-1.1 ( 1.1 )', '-2.0 ( 2.0 )', '-2.3 ( 2.3 )'], ['total', '100.0% ( 100.0 % )', '100.0% ( 100.0 % )', '100.0% ( 100.0 % )']]\n\nFollowing Text:\nfor items affecting the comparability of the relative percentages of operating companies income ( loss ) attributable to each reportable segment , see note 16 .\nnarrative description of business portions of the information called for by this item are included in operating results by business segment in item 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations of this annual report on form 10-k ( 201citem 7 201d ) .\ntobacco space altria group , inc . 2019s tobacco operating companies include pm usa , usstc and other subsidiaries of ust , middleton , nu mark and nat sherman .\naltria group distribution company provides sales , distribution and consumer engagement services to altria group , inc . 2019s tobacco operating companies .\nthe products of altria group , inc . 2019s tobacco subsidiaries include smokeable tobacco products , consisting of cigarettes manufactured and sold by pm usa and nat sherman , machine- made large cigars and pipe tobacco manufactured and sold by middleton and premium cigars sold by nat sherman ; smokeless tobacco products manufactured and sold by usstc ; and innovative tobacco products , including e-vapor products manufactured and sold by nu mark .\ncigarettes : pm usa is the largest cigarette company in the united states , with total cigarette shipment volume in the united states of approximately 122.9 billion units in 2016 , a decrease of 2.5% ( 2.5 % ) from 2015 .\nmarlboro , the principal cigarette brand of pm usa , has been the largest-selling cigarette brand in the united states for over 40 years .\nnat sherman sells substantially all of its super-premium cigarettes in the united states .\ncigars : middleton is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco to customers , substantially all of which are located in the united states .\nmiddleton sources a portion of its cigars from an importer through a third-party contract manufacturing arrangement .\ntotal shipment volume for cigars was approximately 1.4 billion units in 2016 , an increase of 5.9% ( 5.9 % ) from 2015 .\nblack & mild is the principal cigar brand of middleton .\nnat sherman sources its premium cigars from importers through third-party contract manufacturing arrangements and sells substantially all of its cigars in the united states .\nsmokeless tobacco products : usstc is the leading producer and marketer of moist smokeless tobacco ( 201cmst 201d ) products .\nthe smokeless products segment includes the premium brands , copenhagen and skoal , and value brands , red seal and husky .\nsubstantially all of the smokeless tobacco products are manufactured and sold to customers in the united states .\ntotal smokeless products shipment volume was 853.5 million units in 2016 , an increase of 4.9% ( 4.9 % ) from 2015 .\ninnovative tobacco products : nu mark participates in the e-vapor category and has developed and commercialized other innovative tobacco products .\nin addition , nu mark sources the production of its e-vapor products through overseas contract manufacturing arrangements .\nin 2013 , nu mark introduced markten e-vapor products .\nin april 2014 , nu mark acquired the e-vapor business of green smoke , inc .\nand its affiliates ( 201cgreen smoke 201d ) , which began selling e-vapor products in 2009 .\nfor a further discussion of the acquisition of green smoke , see note 3 .\nacquisition of green smoke to the consolidated financial statements in item 8 ( 201cnote 3 201d ) .\nin december 2013 , altria group , inc . 2019s subsidiaries entered into a series of agreements with philip morris international inc .\n( 201cpmi 201d ) pursuant to which altria group , inc . 2019s subsidiaries provide an exclusive license to pmi to sell nu mark 2019s e-vapor products outside the united states , and pmi 2019s subsidiaries provide an exclusive license to altria group , inc . 2019s subsidiaries to sell two of pmi 2019s heated tobacco product platforms in the united states .\nfurther , in july 2015 , altria group , inc .\nannounced the expansion of its strategic framework with pmi to include a joint research , development and technology-sharing agreement .\nunder this agreement , altria group , inc . 2019s subsidiaries and pmi will collaborate to develop e-vapor products for commercialization in the united states by altria group , inc . 2019s subsidiaries and in markets outside the united states by pmi .\nthis agreement also provides for exclusive technology cross licenses , technical information sharing and cooperation on scientific assessment , regulatory engagement and approval related to e-vapor products .\nin the fourth quarter of 2016 , pmi submitted a modified risk tobacco product ( 201cmrtp 201d ) application for an electronically heated tobacco product with the united states food and drug administration 2019s ( 201cfda 201d ) center for tobacco products and announced that it plans to file its corresponding pre-market tobacco product application during the first quarter of 2017 .\nthe fda must determine whether to accept the applications for substantive review .\nupon regulatory authorization by the fda , altria group , inc . 2019s subsidiaries will have an exclusive license to sell this heated tobacco product in the united states .\ndistribution , competition and raw materials : altria group , inc . 2019s tobacco subsidiaries sell their tobacco products principally to wholesalers ( including distributors ) , large retail organizations , including chain stores , and the armed services .\nthe market for tobacco products is highly competitive , characterized by brand recognition and loyalty , with product quality , taste , price , product innovation , marketing , packaging and distribution constituting the significant methods of competition .\npromotional activities include , in certain instances and where .\n\nQuestion: what is the total units of shipment volume for cigars in 2015 , in billions?",
        "solution": "1.32"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2010/page_45.pdf\n\nID: CME/2010/page_45.pdf-2\n\nPrevious Text:\nperformance graph the following graph compares the cumulative five-year total return provided shareholders on our class a common stock relative to the cumulative total returns of the s&p 500 index and two customized peer groups .\nthe old peer group includes intercontinentalexchange , inc. , nyse euronext and the nasdaq omx group inc .\nthe new peer group is the same as the old peer group with the addition of cboe holdings , inc .\nwhich completed its initial public offering in june 2010 .\nan investment of $ 100 ( with reinvestment of all dividends ) is assumed to have been made in our class a common stock , in the peer groups and the s&p 500 index on december 31 , 2005 and its relative performance is tracked through december 31 , 2010 .\ncomparison of 5 year cumulative total return* among cme group inc. , the s&p 500 index , an old peer group and a new peer group 12/05 12/06 12/07 12/08 12/09 12/10 cme group inc .\ns&p 500 old peer group *$ 100 invested on 12/31/05 in stock or index , including reinvestment of dividends .\nfiscal year ending december 31 .\ncopyright a9 2011 s&p , a division of the mcgraw-hill companies inc .\nall rights reserved .\nnew peer group the stock price performance included in this graph is not necessarily indicative of future stock price performance .\n\nTable Data:\n[['', '2006', '2007', '2008', '2009', '2010'], ['cme group inc .', '$ 139.48', '$ 188.81', '$ 58.66', '$ 96.37', '$ 93.73'], ['s&p 500', '115.80', '122.16', '76.96', '97.33', '111.99'], ['old peer group', '155.58', '190.78', '72.25', '76.11', '87.61'], ['new peer group', '155.58', '190.78', '72.25', '76.11', '87.61']]\n\nFollowing Text:\n.\n\nQuestion: did the cme group outperform the new peer group?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_324.pdf\n\nID: ETR/2016/page_324.pdf-3\n\nPrevious Text:\nentergy arkansas , inc .\nand subsidiaries management 2019s financial discussion and analysis stock restrict the amount of retained earnings available for the payment of cash dividends or other distributions on its common and preferred stock .\nsources of capital entergy arkansas 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt or preferred stock issuances ; and 2022 bank financing under new or existing facilities .\nentergy arkansas may refinance , redeem , or otherwise retire debt and preferred stock prior to maturity , to the extent market conditions and interest and dividend rates are favorable .\nall debt and common and preferred stock issuances by entergy arkansas require prior regulatory approval .\npreferred stock and debt issuances are also subject to issuance tests set forth in entergy arkansas 2019s corporate charters , bond indentures , and other agreements .\nentergy arkansas has sufficient capacity under these tests to meet its foreseeable capital needs .\nentergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. .\n\nTable Data:\n[['2016', '2015', '2014', '2013'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['( $ 51232 )', '( $ 52742 )', '$ 2218', '$ 17531']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nentergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2021 .\nentergy arkansas also has a $ 20 million credit facility scheduled to expire in april 2017 .\nthe $ 150 million credit facility allows entergy arkansas to issue letters of credit against 50% ( 50 % ) of the borrowing capacity of the facility .\nas of december 31 , 2016 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .\nin addition , entergy arkansas is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations under miso .\nas of december 31 , 2016 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .\nsee note 4 to the financial statements for additional discussion of the credit facilities .\nthe entergy arkansas nuclear fuel company variable interest entity has a credit facility in the amount of $ 80 million scheduled to expire in may 2019 .\nas of december 31 , 2016 , no letters of credit were outstanding under the credit facility to support commercial paper issued by the entergy arkansas nuclear fuel company variable interest entity .\nsee note 4 to the financial statements for additional discussion of the nuclear fuel company variable interest entity credit facility .\nentergy arkansas obtained authorizations from the ferc through october 2017 for short-term borrowings not to exceed an aggregate amount of $ 250 million at any time outstanding and long-term borrowings by its nuclear fuel company variable interest entity .\nsee note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .\nthe long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc and the tennessee regulatory authority ; the current authorizations extend through december 2018. .\n\nQuestion: how is cash flow of entergy arkansas affected by the change in balance of money pool from 2014 to 2015?",
        "solution": "54960"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_441.pdf\n\nID: ETR/2008/page_441.pdf-2\n\nPrevious Text:\nfor purposes of determining entergy corporation's relative performance for the 2006-2008 period , the committee used the philadelphia utility index as the peer group .\nbased on market data and the recommendation of management , the committee compared entergy corporation's total shareholder return against the total shareholder return of the companies that comprised the philadelphia utility index .\nbased on a comparison of entergy corporation's performance relative to the philadelphia utility index as described above , the committee concluded that entergy corporation had exceeded the performance targets for the 2006-2008 performance cycle with entergy finishing in the first quartile which resulted in a payment of 250% ( 250 % ) of target ( the maximum amount payable ) .\neach performance unit was then automatically converted into cash at the rate of $ 83.13 per unit , the closing price of entergy corporation common stock on the last trading day of the performance cycle ( december 31 , 2008 ) , plus dividend equivalents accrued over the three-year performance cycle .\nsee the 2008 option exercises and stock vested table for the amount paid to each of the named executive officers for the 2006-2008 performance unit cycle .\nstock options the personnel committee and in the case of the named executive officers ( other than mr .\nleonard , mr .\ndenault and mr .\nsmith ) , entergy's chief executive officer and the named executive officer's supervisor consider several factors in determining the amount of stock options it will grant under entergy's equity ownership plans to the named executive officers , including : individual performance ; prevailing market practice in stock option grants ; the targeted long-term value created by the use of stock options ; the number of participants eligible for stock options , and the resulting \"burn rate\" ( i.e. , the number of stock options authorized divided by the total number of shares outstanding ) to assess the potential dilutive effect ; and the committee's assessment of other elements of compensation provided to the named executive officer for stock option awards to the named executive officers ( other than mr .\nleonard ) , the committee's assessment of individual performance of each named executive officer done in consultation with entergy corporation's chief executive officer is the most important factor in determining the number of options awarded .\nthe following table sets forth the number of stock options granted to each named executive officer in 2008 .\nthe exercise price for each option was $ 108.20 , which was the closing fair market value of entergy corporation common stock on the date of grant. .\n\nTable Data:\n[['named exeutive officer', 'stock options'], ['j . wayne leonard', '175000'], ['leo p . denault', '50000'], ['richard j . smith', '35000'], ['e . renae conley', '15600'], ['hugh t . mcdonald', '7000'], ['haley fisackerly', '5000'], ['joseph f . domino', '7000'], ['roderick k . west', '8000'], ['theodore h . bunting jr .', '18000'], ['carolyn shanks', '7000']]\n\nFollowing Text:\nthe option grants awarded to the named executive officers ( other than mr .\nleonard and mr .\nlewis ) ranged in amount between 5000 and 50000 shares .\nmr .\nlewis did not receive any stock option awards in 2008 .\nin the case of mr .\nleonard , who received 175000 stock options , the committee took special note of his performance as entergy corporation's chief executive officer .\namong other things , the committee noted that .\n\nQuestion: what is the total value of stock options for j . wayne leonard , in millions?",
        "solution": "18.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2014/page_127.pdf\n\nID: JPM/2014/page_127.pdf-4\n\nPrevious Text:\njpmorgan chase & co./2014 annual report 125 lending-related commitments the firm uses lending-related financial instruments , such as commitments ( including revolving credit facilities ) and guarantees , to meet the financing needs of its customers .\nthe contractual amounts of these financial instruments represent the maximum possible credit risk should the counterparties draw down on these commitments or the firm fulfills its obligations under these guarantees , and the counterparties subsequently fail to perform according to the terms of these contracts .\nin the firm 2019s view , the total contractual amount of these wholesale lending-related commitments is not representative of the firm 2019s actual future credit exposure or funding requirements .\nin determining the amount of credit risk exposure the firm has to wholesale lending-related commitments , which is used as the basis for allocating credit risk capital to these commitments , the firm has established a 201cloan-equivalent 201d amount for each commitment ; this amount represents the portion of the unused commitment or other contingent exposure that is expected , based on average portfolio historical experience , to become drawn upon in an event of a default by an obligor .\nthe loan-equivalent amount of the firm 2019s lending- related commitments was $ 229.6 billion and $ 218.9 billion as of december 31 , 2014 and 2013 , respectively .\nclearing services the firm provides clearing services for clients entering into securities and derivative transactions .\nthrough the provision of these services the firm is exposed to the risk of non-performance by its clients and may be required to share in losses incurred by central counterparties ( 201cccps 201d ) .\nwhere possible , the firm seeks to mitigate its credit risk to its clients through the collection of adequate margin at inception and throughout the life of the transactions and can also cease provision of clearing services if clients do not adhere to their obligations under the clearing agreement .\nfor further discussion of clearing services , see note 29 .\nderivative contracts in the normal course of business , the firm uses derivative instruments predominantly for market-making activities .\nderivatives enable customers to manage exposures to fluctuations in interest rates , currencies and other markets .\nthe firm also uses derivative instruments to manage its own credit exposure .\nthe nature of the counterparty and the settlement mechanism of the derivative affect the credit risk to which the firm is exposed .\nfor otc derivatives the firm is exposed to the credit risk of the derivative counterparty .\nfor exchange-traded derivatives ( 201cetd 201d ) such as futures and options , and 201ccleared 201d over-the-counter ( 201cotc-cleared 201d ) derivatives , the firm is generally exposed to the credit risk of the relevant ccp .\nwhere possible , the firm seeks to mitigate its credit risk exposures arising from derivative transactions through the use of legally enforceable master netting arrangements and collateral agreements .\nfor further discussion of derivative contracts , counterparties and settlement types , see note 6 .\nthe following table summarizes the net derivative receivables for the periods presented .\nderivative receivables .\n\nTable Data:\n[['december 31 ( in millions )', '2014', '2013'], ['interest rate', '$ 33725', '$ 25782'], ['credit derivatives', '1838', '1516'], ['foreign exchange', '21253', '16790'], ['equity', '8177', '12227'], ['commodity', '13982', '9444'], ['total net of cash collateral', '78975', '65759'], ['liquid securities and other cash collateral held against derivative receivables', '-19604 ( 19604 )', '-14435 ( 14435 )'], ['total net of all collateral', '$ 59371', '$ 51324']]\n\nFollowing Text:\nderivative receivables reported on the consolidated balance sheets were $ 79.0 billion and $ 65.8 billion at december 31 , 2014 and 2013 , respectively .\nthese amounts represent the fair value of the derivative contracts , after giving effect to legally enforceable master netting agreements and cash collateral held by the firm .\nhowever , in management 2019s view , the appropriate measure of current credit risk should also take into consideration additional liquid securities ( primarily u.s .\ngovernment and agency securities and other g7 government bonds ) and other cash collateral held by the firm aggregating $ 19.6 billion and $ 14.4 billion at december 31 , 2014 and 2013 , respectively , that may be used as security when the fair value of the client 2019s exposure is in the firm 2019s favor .\nin addition to the collateral described in the preceding paragraph , the firm also holds additional collateral ( primarily : cash ; g7 government securities ; other liquid government-agency and guaranteed securities ; and corporate debt and equity securities ) delivered by clients at the initiation of transactions , as well as collateral related to contracts that have a non-daily call frequency and collateral that the firm has agreed to return but has not yet settled as of the reporting date .\nalthough this collateral does not reduce the balances and is not included in the table above , it is available as security against potential exposure that could arise should the fair value of the client 2019s derivative transactions move in the firm 2019s favor .\nas of december 31 , 2014 and 2013 , the firm held $ 48.6 billion and $ 50.8 billion , respectively , of this additional collateral .\nthe prior period amount has been revised to conform with the current period presentation .\nthe derivative receivables fair value , net of all collateral , also does not include other credit enhancements , such as letters of credit .\nfor additional information on the firm 2019s use of collateral agreements , see note 6. .\n\nQuestion: what percent of net derivative receivables were collateralized by other than cash in 2014?\\\\n",
        "solution": "24.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VRTX/2006/page_71.pdf\n\nID: VRTX/2006/page_71.pdf-1\n\nPrevious Text:\nthe activity related to the restructuring liability for 2004 is as follows ( in thousands ) : non-operating items interest income increased $ 1.7 million to $ 12.0 million in 2005 from $ 10.3 million in 2004 .\nthe increase was mainly the result of higher returns on invested funds .\ninterest expense decreased $ 1.0 million , or 5% ( 5 % ) , to $ 17.3 million in 2005 from $ 18.3 million in 2004 as a result of the exchange of newly issued stock for a portion of our outstanding convertible debt in the second half of 2005 .\nin addition , as a result of the issuance during 2005 of common stock in exchange for convertible subordinated notes , we recorded a non- cash charge of $ 48.2 million .\nthis charge related to the incremental shares issued in the transactions over the number of shares that would have been issued upon the conversion of the notes under their original terms .\nliquidity and capital resources we have incurred operating losses since our inception and historically have financed our operations principally through public and private offerings of our equity and debt securities , strategic collaborative agreements that include research and/or development funding , development milestones and royalties on the sales of products , investment income and proceeds from the issuance of stock under our employee benefit programs .\nat december 31 , 2006 , we had cash , cash equivalents and marketable securities of $ 761.8 million , which was an increase of $ 354.2 million from $ 407.5 million at december 31 , 2005 .\nthe increase was primarily a result of : 2022 $ 313.7 million in net proceeds from our september 2006 public offering of common stock ; 2022 $ 165.0 million from an up-front payment we received in connection with signing the janssen agreement ; 2022 $ 52.4 million from the issuance of common stock under our employee benefit plans ; and 2022 $ 30.0 million from the sale of shares of altus pharmaceuticals inc .\ncommon stock and warrants to purchase altus common stock .\nthese cash inflows were partially offset by the significant cash expenditures we made in 2006 related to research and development expenses and sales , general and administrative expenses .\ncapital expenditures for property and equipment during 2006 were $ 32.4 million .\nat december 31 , 2006 , we had $ 42.1 million in aggregate principal amount of the 2007 notes and $ 59.6 million in aggregate principal amount of the 2011 notes outstanding .\nthe 2007 notes are due in september 2007 and are convertible into common stock at the option of the holder at a price equal to $ 92.26 per share , subject to adjustment under certain circumstances .\nin february 2007 , we announced that we will redeem our 2011 notes on march 5 , 2007 .\nthe 2011 notes are convertible into shares of our common stock at the option of the holder at a price equal to $ 14.94 per share .\nwe expect the holders of the 2011 notes will elect to convert their notes into stock , in which case we will issue approximately 4.0 million .\nwe will be required to repay any 2011 notes that are not converted at the rate of $ 1003.19 per $ 1000 principal amount , which includes principal and interest that will accrue to the redemption date .\nliability as of december 31 , payments in 2004 cash received from sublease , net of operating costs in 2004 additional charge in liability as of december 31 , lease restructuring liability and other operating lease liability $ 69526 $ ( 31550 ) $ 293 $ 17574 $ 55843 .\n\nTable Data:\n[['', 'liability as of december 31 2003', 'cash payments in 2004', 'cash received from sublease net of operating costs in 2004', 'additional charge in 2004', 'liability as of december 31 2004'], ['lease restructuring liability and other operating lease liability', '$ 69526', '$ -31550 ( 31550 )', '$ 293', '$ 17574', '$ 55843']]\n\nFollowing Text:\nthe activity related to the restructuring liability for 2004 is as follows ( in thousands ) : non-operating items interest income increased $ 1.7 million to $ 12.0 million in 2005 from $ 10.3 million in 2004 .\nthe increase was mainly the result of higher returns on invested funds .\ninterest expense decreased $ 1.0 million , or 5% ( 5 % ) , to $ 17.3 million in 2005 from $ 18.3 million in 2004 as a result of the exchange of newly issued stock for a portion of our outstanding convertible debt in the second half of 2005 .\nin addition , as a result of the issuance during 2005 of common stock in exchange for convertible subordinated notes , we recorded a non- cash charge of $ 48.2 million .\nthis charge related to the incremental shares issued in the transactions over the number of shares that would have been issued upon the conversion of the notes under their original terms .\nliquidity and capital resources we have incurred operating losses since our inception and historically have financed our operations principally through public and private offerings of our equity and debt securities , strategic collaborative agreements that include research and/or development funding , development milestones and royalties on the sales of products , investment income and proceeds from the issuance of stock under our employee benefit programs .\nat december 31 , 2006 , we had cash , cash equivalents and marketable securities of $ 761.8 million , which was an increase of $ 354.2 million from $ 407.5 million at december 31 , 2005 .\nthe increase was primarily a result of : 2022 $ 313.7 million in net proceeds from our september 2006 public offering of common stock ; 2022 $ 165.0 million from an up-front payment we received in connection with signing the janssen agreement ; 2022 $ 52.4 million from the issuance of common stock under our employee benefit plans ; and 2022 $ 30.0 million from the sale of shares of altus pharmaceuticals inc .\ncommon stock and warrants to purchase altus common stock .\nthese cash inflows were partially offset by the significant cash expenditures we made in 2006 related to research and development expenses and sales , general and administrative expenses .\ncapital expenditures for property and equipment during 2006 were $ 32.4 million .\nat december 31 , 2006 , we had $ 42.1 million in aggregate principal amount of the 2007 notes and $ 59.6 million in aggregate principal amount of the 2011 notes outstanding .\nthe 2007 notes are due in september 2007 and are convertible into common stock at the option of the holder at a price equal to $ 92.26 per share , subject to adjustment under certain circumstances .\nin february 2007 , we announced that we will redeem our 2011 notes on march 5 , 2007 .\nthe 2011 notes are convertible into shares of our common stock at the option of the holder at a price equal to $ 14.94 per share .\nwe expect the holders of the 2011 notes will elect to convert their notes into stock , in which case we will issue approximately 4.0 million .\nwe will be required to repay any 2011 notes that are not converted at the rate of $ 1003.19 per $ 1000 principal amount , which includes principal and interest that will accrue to the redemption date .\nliability as of december 31 , payments in 2004 cash received from sublease , net of operating costs in 2004 additional charge in liability as of december 31 , lease restructuring liability and other operating lease liability $ 69526 $ ( 31550 ) $ 293 $ 17574 $ 55843 .\n\nQuestion: what is the percent change in cash , cash equivalents and marketable securities between 2005 and 2006?",
        "solution": "86.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CMCSA/2015/page_42.pdf\n\nID: CMCSA/2015/page_42.pdf-1\n\nPrevious Text:\nstock performance graph comcast the graph below compares the yearly percentage change in the cumulative total shareholder return on comcast 2019s class a common stock during the five years ended december 31 , 2015 with the cumulative total returns on the standard & poor 2019s 500 stock index and with a select peer group consisting of us and other companies engaged in the cable , communications and media industries .\nthis peer group consists of us , as well as cablevision systems corporation ( class a ) , dish network corporation ( class a ) , directv inc .\n( included through july 24 , 2015 , the date of acquisition by at&t corp. ) and time warner cable inc .\n( the 201ccable subgroup 201d ) , and time warner inc. , walt disney company , viacom inc .\n( class b ) , twenty-first century fox , inc .\n( class a ) , and cbs corporation ( class b ) ( the 201cmedia subgroup 201d ) .\nthe peer group was constructed as a composite peer group in which the cable subgroup is weighted 63% ( 63 % ) and the media subgroup is weighted 37% ( 37 % ) based on the respective revenue of our cable communications and nbcuniversal segments .\nthe graph assumes $ 100 was invested on december 31 , 2010 in our class a common stock and in each of the following indices and assumes the reinvestment of dividends .\ncomparison of 5 year cumulative total return 12/1412/1312/1212/10 12/15 comcast class a s&p 500 peer group index .\n\nTable Data:\n[['', '2011', '2012', '2013', '2014', '2015'], ['comcast class a', '$ 110', '$ 177', '$ 250', '$ 282', '$ 279'], ['s&p 500 stock index', '$ 102', '$ 118', '$ 156', '$ 177', '$ 180'], ['peer group index', '$ 110', '$ 157', '$ 231', '$ 267', '$ 265']]\n\nFollowing Text:\nnbcuniversal nbcuniversal is a wholly owned subsidiary of nbcuniversal holdings and there is no market for its equity securities .\n39 comcast 2015 annual report on form 10-k .\n\nQuestion: what was the percentage 5 year cumulative total return for comcast class a stock for the year ended 2015?",
        "solution": "179%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2017/page_31.pdf\n\nID: UPS/2017/page_31.pdf-2\n\nPrevious Text:\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , 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 .\nthe 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 .\nthe 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 , 2012 in the standard & poor 2019s 500 index , the dow jones transportation average and our class b common stock. .\n\nTable Data:\n[['', '12/31/2012', '12/31/2013', '12/31/2014', '12/31/2015', '12/31/2016', '12/31/2017'], ['united parcel service inc .', '$ 100.00', '$ 146.54', '$ 159.23', '$ 148.89', '$ 182.70', '$ 195.75'], ['standard & poor 2019s 500 index', '$ 100.00', '$ 132.38', '$ 150.49', '$ 152.55', '$ 170.79', '$ 208.06'], ['dow jones transportation average', '$ 100.00', '$ 141.38', '$ 176.83', '$ 147.19', '$ 179.37', '$ 213.49']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage cumulative total shareowners return for united parcel service inc . for the five years ended 12/31/2017?",
        "solution": "95.75%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2019/page_85.pdf\n\nID: ADI/2019/page_85.pdf-1\n\nPrevious Text:\n9 .\nlease commitments the company leases certain land , facilities , equipment and software under various operating leases that expire at various dates through 2057 .\nthe lease agreements frequently include renewal and escalation clauses and require the company to pay taxes , insurance and maintenance costs .\ntotal rental expense under operating leases was approximatelya $ 92.3 million in fiscal 2019 , $ 84.9 million in fiscal 2018 and $ 58.8 million in fiscal 2017 .\nthe following is a schedule of futureff minimum rental payments required under long-term operating leases at november 2 , 2019 : operating fiscal years leases .\n\nTable Data:\n[['fiscal years', 'operating leases'], ['2020', '$ 79789'], ['2021', '67993'], ['2022', '40338'], ['2023', '37673'], ['2024', '32757'], ['later years', '190171'], ['total', '$ 448721']]\n\nFollowing Text:\n10 .\ncommitments and contingencies from time to time , in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , among other things , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage , employment or employment benefits .\nas to such claims and litigation , the company can give no assurance that it will prevail .\nthe company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows .\n11 .\nretirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees .\ndefined contribution plans the company maintains a defined contribution plan for the benefit of its eligible u.s .\nemployees .\nthis plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation .\nin addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation .\nthe total expense related to the defined contribution plans for u.s .\nemployees was $ 47.7 million in fiscal 2019 , $ 41.4 million in fiscal 2018 and $ 35.8 million in fiscal 2017 .\nnon-qualified deferred compensation plan the deferred compensation plan ( dcp ) allows certain members of management and other highly-compensated employees and non-employee directors to defer receipt of all or any portion of their compensation .\nthe dcp was established to provide participants with the opportunity to defer receiving all or a portion of their compensation , which includes salary , bonus , commissions and director fees .\nunder the dcp , the company provides all participants ( other than non-employee directors ) with company contributions equal to 8% ( 8 % ) of eligible deferred contributions .\nthe dcp is a non-qualified plan that is maintained in a rabbi trust .\nthe fair value of the investments held in the rabbi trust are presented separately as deferred compensation plan investments , with the current portion of the investment included in prepaid expenses and other current assets in the consolidated balance sheets .\nsee note 2j , fair value , for further information on these investments .\nthe deferred compensation obligation represents dcp participant accumulated deferrals and earnings thereon since the inception of the dcp net of withdrawals .\nthe deferred compensation obligation is presented separately as deferred compensation plan liability , with the current portion of the obligation in accrued liabilities in the consolidated balance sheets .\nthe company 2019s liability under the dcp is an unsecured general obligation of the company .\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the percentage change in total rental expense under operating leases in 2019 compare to 2018?",
        "solution": "8.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2001/page_74.pdf\n\nID: STT/2001/page_74.pdf-3\n\nPrevious Text:\na black-scholes option-pricing model was used for purposes of estimating the fair value of state street 2019s employee stock options at the grant date .\nthe following were the weighted average assumptions for the years ended december 31 , 2001 , 2000 and 1999 , respectively : risk-free interest rates of 3.99% ( 3.99 % ) , 5.75% ( 5.75 % ) and 5.90% ( 5.90 % ) ; dividend yields of 1.08% ( 1.08 % ) , .73% ( .73 % ) and .92% ( .92 % ) ; and volatility factors of the expected market price of state street common stock of .30 , .30 and .30 .\nthe estimated weighted average life of the stock options granted was 4.1 years for the years ended december 31 , 2001 , 2000 and 1999 .\no t h e r u n r e a l i z e d c o m p r e h e n s i v e i n c o m e ( l o s s ) at december 31 , the components of other unrealized comprehensive income ( loss ) , net of related taxes , were as follows: .\n\nTable Data:\n[['( dollars in millions )', '2001', '2000'], ['unrealized gain on available-for-sale securities', '$ 96', '$ 19'], ['foreign currency translation', '-27 ( 27 )', '-20 ( 20 )'], ['other', '1', ''], ['total', '$ 70', '$ -1 ( 1 )']]\n\nFollowing Text:\nnote j shareholders 2019 rights plan in 1988 , state street declared a dividend of one preferred share purchase right for each outstanding share of common stock .\nin 1998 , the rights agreement was amended and restated , and in 2001 , the rights plan was impacted by the 2-for-1 stock split .\naccordingly , a right may be exercised , under certain conditions , to purchase one eight-hundredths share of a series of participating preferred stock at an exercise price of $ 132.50 , subject to adjustment .\nthe rights become exercisable if a party acquires or obtains the right to acquire 10% ( 10 % ) or more of state street 2019s common stock or after commencement or public announcement of an offer for 10% ( 10 % ) or more of state street 2019s common stock .\nwhen exercisable , under certain conditions , each right entitles the holder thereof to purchase shares of common stock , of either state street or of the acquirer , having a market value of two times the then-current exercise price of that right .\nthe rights expire in september 2008 , and may be redeemed at a price of $ .00125 per right , subject to adjustment , at any time prior to expiration or the acquisition of 10% ( 10 % ) of state street 2019s common stock .\nunder certain circumstances , the rights may be redeemed after they become exercisable and may be subject to automatic redemption .\nnote k regulatory matters r e g u l a t o r y c a p i t a l state street is subject to various regulatory capital requirements administered by federal banking agencies .\nfailure to meet minimum capital requirements can initiate certain mandatory and discretionary actions by regulators that , if undertaken , could have a direct material effect on state street 2019s financial condition .\nunder capital adequacy guidelines , state street must meet specific capital guidelines that involve quantitative measures of state street 2019s assets , liabilities and off-balance sheet items as calculated under regulatory accounting practices .\nstate street 2019s capital amounts and classification are subject to qualitative judgments by the regulators about components , risk weightings and other factors .\n42 state street corporation .\n\nQuestion: between 2000 and 2001 , what was the percent increase of unrealized gains?",
        "solution": "405.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2013/page_212.pdf\n\nID: HIG/2013/page_212.pdf-2\n\nPrevious Text:\nthe debentures are unsecured , subordinated and junior in right of payment and upon liquidation to all of the company 2019s existing and future senior indebtedness .\nin addition , the debentures are effectively subordinated to all of the company 2019s subsidiaries 2019 existing and future indebtedness and other liabilities , including obligations to policyholders .\nthe debentures do not limit the company 2019s or the company 2019s subsidiaries 2019 ability to incur additional debt , including debt that ranks senior in right of payment and upon liquidation to the debentures .\nthe debentures rank equally in right of payment and upon liquidation with ( i ) any indebtedness the terms of which provide that such indebtedness ranks equally with the debentures , including guarantees of such indebtedness , ( ii ) the company 2019s existing 8.125% ( 8.125 % ) fixed- to-floating rate junior subordinated debentures due 2068 ( the 201c8.125% ( 201c8.125 % ) debentures 201d ) , ( iii ) the company 2019s income capital obligation notes due 2067 , issuable pursuant to the junior subordinated indenture , dated as of february 12 , 2007 , between the company and wilmington trust company ( the 201cicon securities 201d ) , ( iv ) our trade accounts payable , and ( v ) any of our indebtedness owed to a person who is our subsidiary or employee .\nlong-term debt maturities long-term debt maturities ( at par values ) , as of december 31 , 2013 are summarized as follows: .\n\nTable Data:\n[['2014', '$ 200'], ['2015', '456'], ['2016', '275'], ['2017', '711'], ['2018', '320'], ['thereafter', '4438']]\n\nFollowing Text:\nshelf registrations on august 9 , 2013 , the company filed with the securities and exchange commission ( the 201csec 201d ) an automatic shelf registration statement ( registration no .\n333-190506 ) for the potential offering and sale of debt and equity securities .\nthe registration statement allows for the following types of securities to be offered : debt securities , junior subordinated debt securities , preferred stock , common stock , depositary shares , warrants , stock purchase contracts , and stock purchase units .\nin that the hartford is a well-known seasoned issuer , as defined in rule 405 under the securities act of 1933 , the registration statement went effective immediately upon filing and the hartford may offer and sell an unlimited amount of securities under the registration statement during the three-year life of the registration statement .\ncontingent capital facility the company is party to a put option agreement that provides the hartford with the right to require the glen meadow abc trust , a delaware statutory trust , at any time and from time to time , to purchase the hartford 2019s junior subordinated notes in a maximum aggregate principal amount not to exceed $ 500 .\nunder the put option agreement , the hartford will pay the glen meadow abc trust premiums on a periodic basis , calculated with respect to the aggregate principal amount of notes that the hartford had the right to put to the glen meadow abc trust for such period .\nthe hartford has agreed to reimburse the glen meadow abc trust for certain fees and ordinary expenses .\nthe company holds a variable interest in the glen meadow abc trust where the company is not the primary beneficiary .\nas a result , the company did not consolidate the glen meadow abc trust .\nas of december 31 , 2013 , the hartford has not exercised its right to require glen meadow abc trust to purchase the notes .\nas a result , the notes remain a source of capital for the hfsg holding company .\nrevolving credit facilities the company has a senior unsecured revolving credit facility ( the \"credit facility\" ) that provides for borrowing capacity up to $ 1.75 billion ( which is available in u.s .\ndollars , and in euro , sterling , canadian dollars and japanese yen ) through january 6 , 2016 .\nas of december 31 , 2013 , there were no borrowings outstanding under the credit facility .\nof the total availability under the credit facility , up to $ 250 is available to support letters of credit issued on behalf of the company or subsidiaries of the company .\nunder the credit facility , the company must maintain a minimum level of consolidated net worth of $ 14.9 billion .\nthe definition of consolidated net worth under the terms of the credit facility , excludes aoci and includes the company's outstanding junior subordinated debentures and , if any , perpetual preferred securities , net of discount .\nin addition , the company 2019s maximum ratio of consolidated total debt to consolidated total capitalization is limited to 35% ( 35 % ) , and the ratio of consolidated total debt of subsidiaries to consolidated total capitalization is limited to 10% ( 10 % ) .\nas of december 31 , 2013 , the company was in compliance with all financial covenants under the credit facility .\ntable of contents the hartford financial services group , inc .\nnotes to consolidated financial statements ( continued ) 13 .\ndebt ( continued ) .\n\nQuestion: as of december 31 , 2013 what was the ratio of the long-term debt maturities due in 2015 compared to 2016",
        "solution": "1.66"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_336.pdf\n\nID: ETR/2008/page_336.pdf-2\n\nPrevious Text:\nentergy mississippi , inc .\nmanagement's financial discussion and analysis results of operations net income 2008 compared to 2007 net income decreased $ 12.4 million primarily due to higher other operation and maintenance expenses , lower other income , and higher depreciation and amortization expenses , partially offset by higher net revenue .\n2007 compared to 2006 net income increased $ 19.8 million primarily due to higher net revenue , lower other operation and maintenance expenses , higher other income , and lower interest expense , partially offset by higher depreciation and amortization expenses .\nnet revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .\nfollowing is an analysis of the change in net revenue comparing 2008 to 2007 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2007 net revenue', '$ 486.9'], ['attala costs', '9.9'], ['rider revenue', '6.0'], ['base revenue', '5.1'], ['reserve equalization', '-2.4 ( 2.4 )'], ['net wholesale revenue', '-4.0 ( 4.0 )'], ['other', '-2.7 ( 2.7 )'], ['2008 net revenue', '$ 498.8']]\n\nFollowing Text:\nthe attala costs variance is primarily due to an increase in the attala power plant costs that are recovered through the power management rider .\nthe net income effect of this recovery in limited to a portion representing an allowed return on equity with the remainder offset by attala power plant costs in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes .\nthe recovery of attala power plant costs is discussed further in \"liquidity and capital resources - uses of capital\" below .\nthe rider revenue variance is the result of a storm damage rider that became effective in october 2007 .\nthe establishment of this rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense for the storm reserve with no effect on net income .\nthe base revenue variance is primarily due to a formula rate plan increase effective july 2007 .\nthe formula rate plan filing is discussed further in \"state and local rate regulation\" below .\nthe reserve equalization variance is primarily due to changes in the entergy system generation mix compared to the same period in 2007. .\n\nQuestion: what is the growth rate in net revenue during 2008?",
        "solution": "2.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2008/page_73.pdf\n\nID: STT/2008/page_73.pdf-1\n\nPrevious Text:\ncross-border outstandings cross-border outstandings , as defined by bank regulatory rules , are amounts payable to state street by residents of foreign countries , regardless of the currency in which the claim is denominated , and local country claims in excess of local country obligations .\nthese cross-border outstandings consist primarily of deposits with banks , loan and lease financing and investment securities .\nin addition to credit risk , cross-border outstandings have the risk that , as a result of political or economic conditions in a country , borrowers may be unable to meet their contractual repayment obligations of principal and/or interest when due because of the unavailability of , or restrictions on , foreign exchange needed by borrowers to repay their obligations .\ncross-border outstandings to countries in which we do business which amounted to at least 1% ( 1 % ) of our consolidated total assets were as follows as of december 31: .\n\nTable Data:\n[['( in millions )', '2008', '2007', '2006'], ['united kingdom', '$ 5836', '$ 5951', '$ 5531'], ['australia', '2044', '3567', '1519'], ['canada', '2014', '4565', '2014'], ['germany', '2014', '2944', '2696'], ['total cross-border outstandings', '$ 7880', '$ 17027', '$ 9746']]\n\nFollowing Text:\nthe total cross-border outstandings presented in the table represented 5% ( 5 % ) , 12% ( 12 % ) and 9% ( 9 % ) of our consolidated total assets as of december 31 , 2008 , 2007 and 2006 , respectively .\naggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2008 amounted to $ 3.45 billion ( canada and germany ) .\nthere were no cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets as of december 31 , 2007 .\naggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2006 amounted to $ 1.05 billion ( canada ) .\ncapital regulatory and economic capital management both use key metrics evaluated by management to assess whether our actual level of capital is commensurate with our risk profile , is in compliance with all regulatory requirements , and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives .\nregulatory capital our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs , including funding corporate growth and supporting customers 2019 cash management needs , and to provide protection against loss to depositors and creditors .\nwe strive to maintain an optimal level of capital , commensurate with our risk profile , on which an attractive return to shareholders will be realized over both the short and long term , while protecting our obligations to depositors and creditors and satisfying regulatory requirements .\nour capital management process focuses on our risk exposures , our capital position relative to our peers , regulatory capital requirements and the evaluations of the major independent credit rating agencies that assign ratings to our public debt .\nour capital committee , working in conjunction with our asset and liability committee , referred to as alco , oversees the management of regulatory capital , and is responsible for ensuring capital adequacy with respect to regulatory requirements , internal targets and the expectations of the major independent credit rating agencies .\nthe primary regulator of both state street and state street bank for regulatory capital purposes is the federal reserve .\nboth state street and state street bank are subject to the minimum capital requirements established by the federal reserve and defined in the federal deposit insurance corporation improvement act .\n\nQuestion: what are the consolidated total assets as of december 31 , 2008?",
        "solution": "157600"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2016/page_75.pdf\n\nID: UNP/2016/page_75.pdf-3\n\nPrevious Text:\n17 .\nleases we lease certain locomotives , freight cars , and other property .\nthe consolidated statements of financial position as of december 31 , 2016 , and 2015 included $ 1997 million , net of $ 1121 million of accumulated depreciation , and $ 2273 million , net of $ 1189 million of accumulated depreciation , respectively , for properties held under capital leases .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 , 2016 , were as follows : millions operating leases capital leases .\n\nTable Data:\n[['millions', 'operatingleases', 'capitalleases'], ['2017', '$ 461', '$ 221'], ['2018', '390', '193'], ['2019', '348', '179'], ['2020', '285', '187'], ['2021', '245', '158'], ['later years', '1314', '417'], ['total minimum lease payments', '$ 3043', '$ 1355'], ['amount representing interest', 'n/a', '-250 ( 250 )'], ['present value of minimum lease payments', 'n/a', '$ 1105']]\n\nFollowing Text:\napproximately 96% ( 96 % ) of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 535 million in 2016 , $ 590 million in 2015 , and $ 593 million in 2014 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n18 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity .\nto the extent possible , we have recorded a liability where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated .\nwe 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 .\npersonal 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 .\nwe use an actuarial analysis to measure the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work .\nour personal injury liability is not discounted to present value due to the uncertainty surrounding the timing of future payments .\napproximately 94% ( 94 % ) of the recorded liability is related to asserted claims and approximately 6% ( 6 % ) is related to unasserted claims at december 31 , 2016 .\nbecause 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 approximately $ 290 million to $ 317 million .\nwe record an accrual at the low end of the range as no amount of loss within the range is more probable than any other .\nestimates can vary over time due to evolving trends in litigation. .\n\nQuestion: the total minimum payments for operating leases is what percentage of total minimum payments for capital leases?",
        "solution": "224.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2012/page_79.pdf\n\nID: UNP/2012/page_79.pdf-2\n\nPrevious Text:\nfixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant .\nwe maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry .\nas such , we have no control over activities that could materially impact the fair value of the leased assets .\nwe 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 .\nadditionally , 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 .\nthe future minimum lease payments associated with the vie leases totaled $ 3.6 billion as of december 31 , 2012 .\n16 .\nleases we lease certain locomotives , freight cars , and other property .\nthe consolidated statements of financial position as of december 31 , 2012 and 2011 included $ 2467 million , net of $ 966 million of accumulated depreciation , and $ 2458 million , net of $ 915 million of accumulated depreciation , respectively , for properties held under capital leases .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 , 2012 , were as follows : millions operating leases capital leases .\n\nTable Data:\n[['millions', 'operatingleases', 'capitalleases'], ['2013', '$ 525', '$ 282'], ['2014', '466', '265'], ['2015', '410', '253'], ['2016', '375', '232'], ['2017', '339', '243'], ['later years', '2126', '1166'], ['total minimum leasepayments', '$ 4241', '$ 2441'], ['amount representing interest', 'n/a', '-593 ( 593 )'], ['present value of minimum leasepayments', 'n/a', '$ 1848']]\n\nFollowing Text:\napproximately 94% ( 94 % ) of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 631 million in 2012 , $ 637 million in 2011 , and $ 624 million in 2010 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n17 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe 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 .\nwe 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 .\npersonal 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 .\nwe use an actuarial analysis to measure the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages .\n\nQuestion: what is the total capital lease payments due for locomotives , in millions?",
        "solution": "2295"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2015/page_110.pdf\n\nID: RE/2015/page_110.pdf-1\n\nPrevious Text:\ncertain reclassifications and format changes have been made to prior years 2019 amounts to conform to the 2015 presentation .\nb .\ninvestments .\nfixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets .\nfixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) .\nthe company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities .\nthe company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities .\nfixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency .\nthe company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities .\nfor equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions .\ninterest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) .\nunrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses .\nshort-term investments are stated at cost , which approximates market value .\nrealized gains or losses on sales of investments are determined on the basis of identified cost .\nfor non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s .\ntreasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security .\nfor publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs .\nwhen a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value .\nretrospective adjustments are employed to recalculate the values of asset-backed securities .\neach acquisition lot is reviewed to recalculate the effective yield .\nthe recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition .\noutstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities .\nconditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types .\nother invested assets include limited partnerships and rabbi trusts .\nlimited partnerships are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag .\nc .\nuncollectible receivable balances .\nthe company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances .\nsuch reserves are presented in the table below for the periods indicated. .\n\nTable Data:\n[['( dollars in thousands )', 'years ended december 31 , 2015', 'years ended december 31 , 2014'], ['reinsurance receivables and premium receivables', '$ 22878', '$ 29497']]\n\nFollowing Text:\n.\n\nQuestion: what is the ratio of the reinsurance receivables and premium receivables for 2015 to 2014",
        "solution": "0.78"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2009/page_83.pdf\n\nID: STT/2009/page_83.pdf-1\n\nPrevious Text:\nwe currently maintain a corporate commercial paper program , unrelated to the conduits 2019 asset-backed commercial paper program , under which we can issue up to $ 3 billion with original maturities of up to 270 days from the date of issue .\nat december 31 , 2009 , we had $ 2.78 billion of commercial paper outstanding , compared to $ 2.59 billion at december 31 , 2008 .\nadditional information about our corporate commercial paper program is provided in note 8 of the notes to consolidated financial statements included under item 8 .\nin connection with our participation in the fdic 2019s temporary liquidity guarantee program , or tlgp , in which we elected to participate in december 2008 , the parent company was eligible to issue up to approximately $ 1.67 billion of unsecured senior debt during 2009 , backed by the full faith and credit of the united states .\nas of december 31 , 2009 , the parent company 2019s outstanding unsecured senior debt issued under the tlgp was $ 1.5 billion .\nadditional information with respect to this outstanding debt is provided in note 9 of the notes to consolidated financial statements included under item 8 .\nthe guarantee of this outstanding debt under the tlgp expires on april 30 , 2012 , the maturity date of the debt .\nstate street bank currently has board authority to issue bank notes up to an aggregate of $ 5 billion , and up to $ 1 billion of subordinated bank notes .\nin connection with state street bank 2019s participation in the tlgp , in which state street bank elected to participate in december 2008 , state street bank was eligible to issue up to approximately $ 2.48 billion of unsecured senior notes during 2009 , backed by the full faith and credit of the united states .\nas of december 31 , 2009 , state street bank 2019s outstanding unsecured senior notes issued under the tlgp , and pursuant to the aforementioned board authority , totaled $ 2.45 billion .\nadditional information with respect to these outstanding bank notes is provided in note 9 of the notes to consolidated financial statements included under item 8 .\nthe guarantee of state street bank 2019s outstanding debt under the tlgp expires on the maturity date of each respective debt issuance , as follows 2014$ 1 billion on march 15 , 2011 , and $ 1.45 billion on september 15 , 2011 .\nstate street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 761 million as of december 31 , 2009 , to support its canadian securities processing operations .\nthe line of credit has no stated termination date and is cancelable by either party with prior notice .\nas of december 31 , 2009 , no balance was outstanding on this line of credit .\ncontractual cash obligations .\n\nTable Data:\n[['as of december 31 2009 ( in millions )', 'payments due by period total', 'payments due by period less than 1 year', 'payments due by period 1-3 years', 'payments due by period 4-5 years', 'payments due by period over 5 years'], ['long-term debt ( 1 )', '$ 10981', '$ 529', '$ 4561', '$ 797', '$ 5094'], ['operating leases', '1033', '229', '342', '240', '222'], ['capital lease obligations', '1151', '74', '147', '145', '785'], ['total contractual cash obligations', '$ 13165', '$ 832', '$ 5050', '$ 1182', '$ 6101']]\n\nFollowing Text:\n( 1 ) long-term debt excludes capital lease obligations ( reported as a separate line item ) and the effect of interest- rate swaps .\ninterest payments were calculated at the stated rate with the exception of floating-rate debt , for which payments were calculated using the indexed rate in effect on december 31 , 2009 .\nthe obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2009 , except for interest on long-term debt .\nthe table does not include obligations which will be settled in cash , primarily in less than one year , such as deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings .\nadditional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 of the notes to consolidated financial statements included under item 8 .\nthe table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2009 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .\nadditional information about derivative contracts is provided in note 16 of the notes to consolidated financial statements included under item 8 .\nwe have obligations under pension and other post-retirement benefit plans , more fully described in note 18 of the notes to consolidated financial statements included under item 8 , which are not included in the above table. .\n\nQuestion: what percent of the total payments are due to be paid off within the first year?",
        "solution": "6.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2017/page_41.pdf\n\nID: DISCA/2017/page_41.pdf-1\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .\nour series a common stock , series b common stock and series c common stock are listed and traded on the nasdaq global select market ( 201cnasdaq 201d ) under the symbols 201cdisca , 201d 201cdiscb 201d and 201cdisck , 201d respectively .\nthe following table sets forth , for the periods indicated , the range of high and low sales prices per share of our series a common stock , series b common stock and series c common stock as reported on yahoo! finance ( finance.yahoo.com ) .\nseries a common stock series b common stock series c common stock high low high low high low fourth quarter $ 23.73 $ 16.28 $ 26.80 $ 20.00 $ 22.47 $ 15.27 third quarter $ 27.18 $ 20.80 $ 27.90 $ 22.00 $ 26.21 $ 19.62 second quarter $ 29.40 $ 25.11 $ 29.55 $ 25.45 $ 28.90 $ 24.39 first quarter $ 29.62 $ 26.34 $ 29.65 $ 27.55 $ 28.87 $ 25.76 fourth quarter $ 29.55 $ 25.01 $ 30.50 $ 26.00 $ 28.66 $ 24.20 third quarter $ 26.97 $ 24.27 $ 28.00 $ 25.21 $ 26.31 $ 23.44 second quarter $ 29.31 $ 23.73 $ 29.34 $ 24.15 $ 28.48 $ 22.54 first quarter $ 29.42 $ 24.33 $ 29.34 $ 24.30 $ 28.00 $ 23.81 as of february 21 , 2018 , there were approximately 1308 , 75 and 1414 record holders of our series a common stock , series b common stock and series c common stock , respectively .\nthese amounts do not include the number of shareholders whose shares are held of record by banks , brokerage houses or other institutions , but include each such institution as one shareholder .\nwe have not paid any cash dividends on our series a common stock , series b common stock or series c common stock , and we have no present intention to do so .\npayment of cash dividends , if any , will be determined by our board of directors after consideration of our earnings , financial condition and other relevant factors such as our credit facility's restrictions on our ability to declare dividends in certain situations .\npurchases of equity securities the following table presents information about our repurchases of common stock that were made through open market transactions during the three months ended december 31 , 2017 ( in millions , except per share amounts ) .\nperiod total number of series c shares purchased average paid per share : series c ( a ) total number of shares purchased as part of publicly announced plans or programs ( b ) ( c ) approximate dollar value of shares that may yet be purchased under the plans or programs ( a ) ( b ) october 1 , 2017 - october 31 , 2017 2014 $ 2014 2014 $ 2014 november 1 , 2017 - november 30 , 2017 2014 $ 2014 2014 $ 2014 december 1 , 2017 - december 31 , 2017 2014 $ 2014 2014 $ 2014 total 2014 2014 $ 2014 ( a ) the amounts do not give effect to any fees , commissions or other costs associated with repurchases of shares .\n( b ) under the stock repurchase program , management was authorized to purchase shares of the company's common stock from time to time through open market purchases or privately negotiated transactions at prevailing prices or pursuant to one or more accelerated stock repurchase agreements or other derivative arrangements as permitted by securities laws and other legal requirements , and subject to stock price , business and market conditions and other factors .\nthe company's authorization under the program expired on october 8 , 2017 and we have not repurchased any shares of common stock since then .\nwe historically have funded and in the future may fund stock repurchases through a combination of cash on hand and cash generated by operations and the issuance of debt .\nin the future , if further authorization is provided , we may also choose to fund stock repurchases through borrowings under our revolving credit facility or future financing transactions .\nthere were no repurchases of our series a and b common stock during 2017 and no repurchases of series c common stock during the three months ended december 31 , 2017 .\nthe company first announced its stock repurchase program on august 3 , 2010 .\n( c ) we entered into an agreement with advance/newhouse to repurchase , on a quarterly basis , a number of shares of series c-1 convertible preferred stock convertible into a number of shares of series c common stock .\nwe did not convert any any shares of series c-1 convertible preferred stock during the three months ended december 31 , 2017 .\nthere are no planned repurchases of series c-1 convertible preferred stock for the first quarter of 2018 as there were no repurchases of series a or series c common stock during the three months ended december 31 , 2017 .\nstock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc. , time warner , inc. , twenty-first century fox , inc .\nclass a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc .\nclass b common stock and the walt disney company .\nthe graph assumes $ 100 originally invested on december 31 , 2012 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2013 , 2014 , 2015 , 2016 and 2017 .\ndecember 31 , december 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['', 'december 312012', 'december 312013', 'december 312014', 'december 312015', 'december 312016', 'december 312017'], ['disca', '$ 100.00', '$ 139.42', '$ 106.23', '$ 82.27', '$ 84.53', '$ 69.01'], ['discb', '$ 100.00', '$ 144.61', '$ 116.45', '$ 85.03', '$ 91.70', '$ 78.01'], ['disck', '$ 100.00', '$ 143.35', '$ 115.28', '$ 86.22', '$ 91.56', '$ 72.38'], ['s&p 500', '$ 100.00', '$ 129.60', '$ 144.36', '$ 143.31', '$ 156.98', '$ 187.47'], ['peer group', '$ 100.00', '$ 163.16', '$ 186.87', '$ 180.10', '$ 200.65', '$ 208.79']]\n\nFollowing Text:\n.\n\nQuestion: as of february 21 , 2018 what were the total number of shareholders of common stock?\\\\n",
        "solution": "2797"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2003/page_100.pdf\n\nID: JPM/2003/page_100.pdf-4\n\nPrevious Text:\nnotes to consolidated financial statements j.p .\nmorgan chase & co .\n98 j.p .\nmorgan chase & co .\n/ 2003 annual report securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions primarily to finance the firm 2019s inventory positions , acquire securities to cover short positions and settle other securities obligations .\nthe firm also enters into these transactions to accommodate customers 2019 needs .\nsecurities purchased under resale agreements ( 201cresale agreements 201d ) and securities sold under repurchase agreements ( 201crepurchase agreements 201d ) are generally treated as collateralized financing transactions and are carried on the consolidated bal- ance sheet at the amounts the securities will be subsequently sold or repurchased , plus accrued interest .\nwhere appropriate , resale and repurchase agreements with the same counterparty are reported on a net basis in accordance with fin 41 .\njpmorgan chase takes possession of securities purchased under resale agreements .\non a daily basis , jpmorgan chase monitors the market value of the underlying collateral received from its counterparties , consisting primarily of u.s .\nand non-u.s .\ngovern- ment and agency securities , and requests additional collateral from its counterparties when necessary .\nsimilar transactions that do not meet the sfas 140 definition of a repurchase agreement are accounted for as 201cbuys 201d and 201csells 201d rather than financing transactions .\nthese transactions are accounted for as a purchase ( sale ) of the underlying securities with a forward obligation to sell ( purchase ) the securities .\nthe forward purchase ( sale ) obligation , a derivative , is recorded on the consolidated balance sheet at its fair value , with changes in fair value recorded in trading revenue .\nnotional amounts of these transactions accounted for as purchases under sfas 140 were $ 15 billion and $ 8 billion at december 31 , 2003 and 2002 , respectively .\nnotional amounts of these transactions accounted for as sales under sfas 140 were $ 8 billion and $ 13 billion at december 31 , 2003 and 2002 , respectively .\nbased on the short-term duration of these contracts , the unrealized gain or loss is insignificant .\nsecurities borrowed and securities lent are recorded at the amount of cash collateral advanced or received .\nsecurities bor- rowed consist primarily of government and equity securities .\njpmorgan chase monitors the market value of the securities borrowed and lent on a daily basis and calls for additional col- lateral when appropriate .\nfees received or paid are recorded in interest income or interest expense. .\n\nTable Data:\n[['december 31 ( in millions )', '2003', '2002'], ['securities purchased under resale agreements', '$ 62801', '$ 57645'], ['securities borrowed', '41834', '34143'], ['securities sold under repurchase agreements', '$ 105409', '$ 161394'], ['securities loaned', '2461', '1661']]\n\nFollowing Text:\nnote 10 jpmorgan chase pledges certain financial instruments it owns to collateralize repurchase agreements and other securities financ- ings .\npledged securities that can be sold or repledged by the secured party are identified as financial instruments owned ( pledged to various parties ) on the consolidated balance sheet .\nat december 31 , 2003 , the firm had received securities as col- lateral that can be repledged , delivered or otherwise used with a fair value of approximately $ 210 billion .\nthis collateral was gen- erally obtained under resale or securities-borrowing agreements .\nof these securities , approximately $ 197 billion was repledged , delivered or otherwise used , generally as collateral under repur- chase agreements , securities-lending agreements or to cover short sales .\nnotes to consolidated financial statements j.p .\nmorgan chase & co .\nloans are reported at the principal amount outstanding , net of the allowance for loan losses , unearned income and any net deferred loan fees .\nloans held for sale are carried at the lower of aggregate cost or fair value .\nloans are classified as 201ctrading 201d for secondary market trading activities where positions are bought and sold to make profits from short-term movements in price .\nloans held for trading purposes are included in trading assets and are carried at fair value , with the gains and losses included in trading revenue .\ninterest income is recognized using the interest method , or on a basis approximating a level rate of return over the term of the loan .\nnonaccrual loans are those on which the accrual of interest is discontinued .\nloans ( other than certain consumer loans discussed below ) are placed on nonaccrual status immediately if , in the opinion of management , full payment of principal or interest is in doubt , or when principal or interest is 90 days or more past due and collateral , if any , is insufficient to cover prin- cipal and interest .\ninterest accrued but not collected at the date a loan is placed on nonaccrual status is reversed against interest income .\nin addition , the amortization of net deferred loan fees is suspended .\ninterest income on nonaccrual loans is recognized only to the extent it is received in cash .\nhowever , where there is doubt regarding the ultimate collectibility of loan principal , all cash thereafter received is applied to reduce the carrying value of the loan .\nloans are restored to accrual status only when interest and principal payments are brought current and future payments are reasonably assured .\nconsumer loans are generally charged to the allowance for loan losses upon reaching specified stages of delinquency , in accor- dance with the federal financial institutions examination council ( 201cffiec 201d ) policy .\nfor example , credit card loans are charged off at the earlier of 180 days past due or within 60 days from receiving notification of the filing of bankruptcy .\nresidential mortgage products are generally charged off to net realizable value at 180 days past due .\nother consumer products are gener- ally charged off ( to net realizable value if collateralized ) at 120 days past due .\naccrued interest on residential mortgage products , automobile financings and certain other consumer loans are accounted for in accordance with the nonaccrual loan policy note 11 .\n\nQuestion: what was the net notional amounts of purchases and sales under sfas 140 in 2003 ( us$ b ) ?",
        "solution": "7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KIM/2008/page_126.pdf\n\nID: KIM/2008/page_126.pdf-3\n\nPrevious Text:\nkimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers .\nthese premises have been sublet to retailers who lease the stores pursuant to net lease agreements .\nincome from the investment in these retail store leases during the years ended december 31 , 2008 , 2007 and 2006 , was approximately $ 2.7 million , $ 1.2 million and $ 1.3 million , respectively .\nthese amounts represent sublease revenues during the years ended december 31 , 2008 , 2007 and 2006 , of approximately $ 7.1 million , $ 7.7 million and $ 8.2 million , respectively , less related expenses of $ 4.4 million , $ 5.1 million and $ 5.7 million , respectively , and an amount which , in management 2019s estimate , reasonably provides for the recovery of the investment over a period representing the expected remaining term of the retail store leases .\nthe company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2009 , $ 5.6 and $ 3.8 ; 2010 , $ 5.4 and $ 3.7 ; 2011 , $ 4.5 and $ 3.1 ; 2012 , $ 2.3 and $ 2.1 ; 2013 , $ 1.0 and $ 1.3 and thereafter , $ 1.4 and $ 0.5 , respectively .\nleveraged lease during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties .\nthe properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights .\nthe company 2019s cash equity investment was approximately $ 4.0 million .\nthis equity investment is reported as a net investment in leveraged lease in accordance with sfas no .\n13 , accounting for leases ( as amended ) .\nfrom 2002 to 2007 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million .\nas of december 31 , 2008 , the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 42.8 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease .\nas an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease .\naccordingly , this obligation has been offset against the related net rental receivable under the lease .\nat december 31 , 2008 and 2007 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2008', '2007'], ['remaining net rentals', '$ 53.8', '$ 55.0'], ['estimated unguaranteed residual value', '31.7', '36.0'], ['non-recourse mortgage debt', '-38.5 ( 38.5 )', '-43.9 ( 43.9 )'], ['unearned and deferred income', '-43.0 ( 43.0 )', '-43.3 ( 43.3 )'], ['net investment in leveraged lease', '$ 4.0', '$ 3.8']]\n\nFollowing Text:\n9 .\nmortgages and other financing receivables : the company has various mortgages and other financing receivables which consist of loans acquired and loans originated by the company .\nfor a complete listing of the company 2019s mortgages and other financing receivables at december 31 , 2008 , see financial statement schedule iv included on page 141 of this annual report on form 10-k .\nreconciliation of mortgage loans and other financing receivables on real estate: .\n\nQuestion: what is the total of the company 2019s future minimum revenues under the terms of all non-cancelable tenant sublease from 2009-2011 , in millions?\\\\n",
        "solution": "15.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2005/page_28.pdf\n\nID: IP/2005/page_28.pdf-2\n\nPrevious Text:\nentering 2006 , earnings in the first quarter are ex- pected to improve compared with the 2005 fourth quar- ter due principally to higher average price realizations , reflecting announced price increases .\nproduct demand for the first quarter should be seasonally slow , but is ex- pected to strengthen as the year progresses , supported by continued economic growth in north america , asia and eastern europe .\naverage prices should also improve in 2006 as price increases announced in late 2005 and early 2006 for uncoated freesheet paper and pulp con- tinue to be realized .\noperating rates are expected to improve as a result of industry-wide capacity reductions in 2005 .\nalthough energy and raw material costs remain high , there has been some decline in both natural gas and delivered wood costs , with further moderation ex- pected later in 2006 .\nwe will continue to focus on fur- ther improvements in our global manufacturing operations , implementation of supply chain enhance- ments and reductions in overhead costs during 2006 .\nindustrial packaging demand for industrial packaging products is closely correlated with non-durable industrial goods production in the united states , as well as with demand for proc- essed foods , poultry , meat and agricultural products .\nin addition to prices and volumes , major factors affecting the profitability of industrial packaging are raw material and energy costs , manufacturing efficiency and product industrial packaging 2019s net sales for 2005 increased 2% ( 2 % ) compared with 2004 , and were 18% ( 18 % ) higher than in 2003 , reflecting the inclusion of international paper distribution limited ( formerly international paper pacific millennium limited ) beginning in august 2005 .\noperating profits in 2005 were 39% ( 39 % ) lower than in 2004 and 13% ( 13 % ) lower than in 2003 .\nsales volume increases ( $ 24 million ) , improved price realizations ( $ 66 million ) , and strong mill operating performance ( $ 27 million ) were not enough to offset the effects of increased raw material costs ( $ 103 million ) , higher market related downtime costs ( $ 50 million ) , higher converting operating costs ( $ 22 million ) , and unfavorable mix and other costs ( $ 67 million ) .\nadditionally , the may 2005 sale of our industrial papers business resulted in a $ 25 million lower earnings contribution from this business in 2005 .\nthe segment took 370000 tons of downtime in 2005 , including 230000 tons of lack-of-order downtime to balance internal supply with customer demand , com- pared to a total of 170000 tons in 2004 , which included 5000 tons of lack-of-order downtime .\nindustrial packaging in millions 2005 2004 2003 .\n\nTable Data:\n[['in millions', '2005', '2004', '2003'], ['sales', '$ 4935', '$ 4830', '$ 4170'], ['operating profit', '$ 230', '$ 380', '$ 264']]\n\nFollowing Text:\ncontainerboard 2019s net sales totaled $ 895 million in 2005 , $ 951 million in 2004 and $ 815 million in 2003 .\nsoft market conditions and declining customer demand at the end of the first quarter led to lower average sales prices during the second and third quarters .\nbeginning in the fourth quarter , prices recovered as a result of in- creased customer demand and a rationalization of sup- ply .\nfull year sales volumes trailed 2004 levels early in the year , reflecting the weak market conditions in the first half of 2005 .\nhowever , volumes rebounded in the second half of the year , and finished the year ahead of 2004 levels .\noperating profits decreased 38% ( 38 % ) from 2004 , but were flat with 2003 .\nthe favorable impacts of in- creased sales volumes , higher average sales prices and improved mill operating performance were not enough to offset the impact of higher wood , energy and other raw material costs and increased lack-of-order down- time .\nimplementation of the new supply chain operating model in our containerboard mills during 2005 resulted in increased operating efficiency and cost savings .\nspecialty papers in 2005 included the kraft paper business for the full year and the industrial papers busi- ness for five months prior to its sale in may 2005 .\nnet sales totaled $ 468 million in 2005 , $ 723 million in 2004 and $ 690 million in 2003 .\noperating profits in 2005 were down 23% ( 23 % ) compared with 2004 and 54% ( 54 % ) com- pared with 2003 , reflecting the lower contribution from industrial papers .\nu.s .\nconverting operations net sales for 2005 were $ 2.6 billion compared with $ 2.3 billion in 2004 and $ 1.9 billion in 2003 .\nsales volumes were up 10% ( 10 % ) in 2005 compared with 2004 , mainly due to the acquisition of box usa in july 2004 .\naverage sales prices in 2005 began the year above 2004 levels , but softened in the second half of the year .\noperating profits in 2005 de- creased 46% ( 46 % ) and 4% ( 4 % ) from 2004 and 2003 levels , re- spectively , primarily due to increased linerboard , freight and energy costs .\neuropean container sales for 2005 were $ 883 mil- lion compared with $ 865 million in 2004 and $ 801 mil- lion in 2003 .\noperating profits declined 19% ( 19 % ) and 13% ( 13 % ) compared with 2004 and 2003 , respectively .\nthe in- crease in sales in 2005 reflected a slight increase in de- mand over 2004 , but this was not sufficient to offset the negative earnings effect of increased operating costs , unfavorable foreign exchange rates and a reduction in average sales prices .\nthe moroccan box plant acquis- ition , which was completed in october 2005 , favorably impacted fourth-quarter results .\nindustrial packaging 2019s sales in 2005 included $ 104 million from international paper distribution limited , our asian box and containerboard business , subsequent to the acquisition of an additional 50% ( 50 % ) interest in au- gust 2005. .\n\nQuestion: containerboards net sales represented what percentage of industrial packaging sales in 2004?",
        "solution": "20%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2013/page_15.pdf\n\nID: ETR/2013/page_15.pdf-3\n\nPrevious Text:\nthe grand gulf recovery variance is primarily due to increased recovery of higher costs resulting from the grand gulf uprate .\nthe volume/weather variance is primarily due to the effects of more favorable weather on residential sales and an increase in industrial sales primarily due to growth in the refining segment .\nthe fuel recovery variance is primarily due to : 2022 the deferral of increased capacity costs that will be recovered through fuel adjustment clauses ; 2022 the expiration of the evangeline gas contract on january 1 , 2013 ; and 2022 an adjustment to deferred fuel costs recorded in the third quarter 2012 in accordance with a rate order from the puct issued in september 2012 .\nsee note 2 to the financial statements for further discussion of this puct order issued in entergy texas's 2011 rate case .\nthe miso deferral variance is primarily due to the deferral in april 2013 , as approved by the apsc , of costs incurred since march 2010 related to the transition and implementation of joining the miso rto .\nthe decommissioning trusts variance is primarily due to lower regulatory credits resulting from higher realized income on decommissioning trust fund investments .\nthere is no effect on net income as the credits are offset by interest and investment income .\nentergy wholesale commodities following is an analysis of the change in net revenue comparing 2013 to 2012 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2012 net revenue', '$ 1854'], ['mark-to-market', '-58 ( 58 )'], ['nuclear volume', '-24 ( 24 )'], ['nuclear fuel expenses', '-20 ( 20 )'], ['nuclear realized price changes', '58'], ['other', '-8 ( 8 )'], ['2013 net revenue', '$ 1802']]\n\nFollowing Text:\nas shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 52 million in 2013 primarily due to : 2022 the effect of rising forward power prices on electricity derivative instruments that are not designated as hedges , including additional financial power sales conducted in the fourth quarter 2013 to offset the planned exercise of in-the-money protective call options and to lock in margins .\nthese additional sales did not qualify for hedge accounting treatment , and increases in forward prices after those sales were made accounted for the majority of the negative mark-to-market variance .\nit is expected that the underlying transactions will result in earnings in first quarter 2014 as these positions settle .\nsee note 16 to the financial statements for discussion of derivative instruments ; 2022 the decrease in net revenue compared to prior year resulting from the exercise of resupply options provided for in purchase power agreements where entergy wholesale commodities may elect to supply power from another source when the plant is not running .\namounts related to the exercise of resupply options are included in the gwh billed in the table below ; and entergy corporation and subsidiaries management's financial discussion and analysis .\n\nQuestion: what is the growth rate in net revenue for entergy wholesale commodities in 2013?",
        "solution": "-2.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2017/page_119.pdf\n\nID: JPM/2017/page_119.pdf-2\n\nPrevious Text:\njpmorgan chase & co./2017 annual report 89 the table below reflects the firm 2019s assessed level of capital allocated to each line of business as of the dates indicated .\nline of business equity ( allocated capital ) .\n\nTable Data:\n[['( in billions )', 'january 12018', 'december 31 , 2017', 'december 31 , 2016'], ['consumer & community banking', '$ 51.0', '$ 51.0', '$ 51.0'], ['corporate & investment bank', '70.0', '70.0', '64.0'], ['commercial banking', '20.0', '20.0', '16.0'], ['asset & wealth management', '9.0', '9.0', '9.0'], ['corporate', '79.6', '79.6', '88.1'], ['total common stockholders 2019 equity', '$ 229.6', '$ 229.6', '$ 228.1']]\n\nFollowing Text:\nplanning and stress testing comprehensive capital analysis and review the federal reserve requires large bank holding companies , including the firm , to submit a capital plan on an annual basis .\nthe federal reserve uses the ccar and dodd-frank act stress test processes to ensure that large bhcs have sufficient capital during periods of economic and financial stress , and have robust , forward-looking capital assessment and planning processes in place that address each bhc 2019s unique risks to enable it to absorb losses under certain stress scenarios .\nthrough the ccar , the federal reserve evaluates each bhc 2019s capital adequacy and internal capital adequacy assessment processes ( 201cicaap 201d ) , as well as its plans to make capital distributions , such as dividend payments or stock repurchases .\non june 28 , 2017 , the federal reserve informed the firm that it did not object , on either a quantitative or qualitative basis , to the firm 2019s 2017 capital plan .\nfor information on actions taken by the firm 2019s board of directors following the 2017 ccar results , see capital actions on pages 89-90 .\nthe firm 2019s ccar process is integrated into and employs the same methodologies utilized in the firm 2019s icaap process , as discussed below .\ninternal capital adequacy assessment process semiannually , the firm completes the icaap , which provides management with a view of the impact of severe and unexpected events on earnings , balance sheet positions , reserves and capital .\nthe firm 2019s icaap integrates stress testing protocols with capital planning .\nthe process assesses the potential impact of alternative economic and business scenarios on the firm 2019s earnings and capital .\neconomic scenarios , and the parameters underlying those scenarios , are defined centrally and applied uniformly across the businesses .\nthese scenarios are articulated in terms of macroeconomic factors , which are key drivers of business results ; global market shocks , which generate short-term but severe trading losses ; and idiosyncratic operational risk events .\nthe scenarios are intended to capture and stress key vulnerabilities and idiosyncratic risks facing the firm .\nhowever , when defining a broad range of scenarios , actual events can always be worse .\naccordingly , management considers additional stresses outside these scenarios , as necessary .\nicaap results are reviewed by management and the audit committee .\ncapital actions preferred stock preferred stock dividends declared were $ 1.7 billion for the year ended december 31 , 2017 .\non october 20 , 2017 , the firm issued $ 1.3 billion of fixed- to-floating rate non-cumulative preferred stock , series cc , with an initial dividend rate of 4.625% ( 4.625 % ) .\non december 1 , 2017 , the firm redeemed all $ 1.3 billion of its outstanding 5.50% ( 5.50 % ) non-cumulative preferred stock , series o .\nfor additional information on the firm 2019s preferred stock , see note 20 .\ntrust preferred securities on december 18 , 2017 , the delaware trusts that issued seven series of outstanding trust preferred securities were liquidated , $ 1.6 billion of trust preferred and $ 56 million of common securities originally issued by those trusts were cancelled , and the junior subordinated debentures previously held by each trust issuer were distributed pro rata to the holders of the corresponding series of trust preferred and common securities .\nthe firm redeemed $ 1.6 billion of trust preferred securities in the year ended december 31 , 2016 .\ncommon stock dividends the firm 2019s common stock dividend policy reflects jpmorgan chase 2019s earnings outlook , desired dividend payout ratio , capital objectives , and alternative investment opportunities .\non september 19 , 2017 , the firm announced that its board of directors increased the quarterly common stock dividend to $ 0.56 per share , effective with the dividend paid on october 31 , 2017 .\nthe firm 2019s dividends are subject to the board of directors 2019 approval on a quarterly basis .\nfor information regarding dividend restrictions , see note 20 and note 25. .\n\nQuestion: what is the annual cash flow cost of the cc series preferred stock , in m?",
        "solution": "60.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2012/page_116.pdf\n\nID: PNC/2012/page_116.pdf-1\n\nPrevious Text:\ntable 44 : allowance for loan and lease losses .\n\nTable Data:\n[['dollars in millions', '2012', '2011'], ['january 1', '$ 4347', '$ 4887'], ['total net charge-offs', '-1289 ( 1289 )', '-1639 ( 1639 )'], ['provision for credit losses', '987', '1152'], ['net change in allowance for unfunded loan commitments and letters of credit', '-10 ( 10 )', '-52 ( 52 )'], ['other', '1', '-1 ( 1 )'], ['december 31', '$ 4036', '$ 4347'], ['net charge-offs to average loans ( for the year ended )', '.73% ( .73 % )', '1.08% ( 1.08 % )'], ['allowance for loan and lease losses to total loans', '2.17', '2.73'], ['commercial lending net charge-offs', '$ -359 ( 359 )', '$ -712 ( 712 )'], ['consumer lending net charge-offs', '-930 ( 930 )', '-927 ( 927 )'], ['total net charge-offs', '$ -1289 ( 1289 )', '$ -1639 ( 1639 )'], ['net charge-offs to average loans ( for the year ended )', '', ''], ['commercial lending', '.35% ( .35 % )', '.86% ( .86 % )'], ['consumer lending', '1.24', '1.33']]\n\nFollowing Text:\nas further described in the consolidated income statement review section of this item 7 , the provision for credit losses totaled $ 1.0 billion for 2012 compared to $ 1.2 billion for 2011 .\nfor 2012 , the provision for commercial lending credit losses declined by $ 39 million or 22% ( 22 % ) from 2011 .\nsimilarly , the provision for consumer lending credit losses decreased $ 126 million or 13% ( 13 % ) from 2011 .\nat december 31 , 2012 , total alll to total nonperforming loans was 124% ( 124 % ) .\nthe comparable amount for december 31 , 2011 was 122% ( 122 % ) .\nthese ratios are 79% ( 79 % ) and 84% ( 84 % ) , respectively , when excluding the $ 1.5 billion and $ 1.4 billion , respectively , of allowance at december 31 , 2012 and december 31 , 2011 allocated to consumer loans and lines of credit not secured by residential real estate and purchased impaired loans .\nwe have excluded consumer loans and lines of credit not secured by real estate as they are charged off after 120 to 180 days past due and not placed on nonperforming status .\nadditionally , we have excluded purchased impaired loans as they are considered performing regardless of their delinquency status as interest is accreted based on our estimate of expected cash flows and additional allowance is recorded when these cash flows are below recorded investment .\nsee table 33 : nonperforming assets by type within this credit risk management section for additional information .\nthe alll balance increases or decreases across periods in relation to fluctuating risk factors , including asset quality trends , charge-offs and changes in aggregate portfolio balances .\nduring 2012 , improving asset quality trends , including , but not limited to , delinquency status , improving economic conditions , realization of previously estimated losses through charge-offs and overall portfolio growth , combined to result in reducing the estimated credit losses within the portfolio .\nas a result , the alll balance declined $ 311 million , or 7% ( 7 % ) , to $ 4.0 billion during the year ended december 31 , 2012 .\nsee note 7 allowances for loan and lease losses and unfunded loan commitments and letters of credit and note 6 purchased loans in the notes to consolidated financial statements in item 8 of this report regarding changes in the alll and in the allowance for unfunded loan commitments and letters of credit .\ncredit default swaps from a credit risk management perspective , we use credit default swaps ( cds ) as a tool to manage risk concentrations in the credit portfolio .\nthat risk management could come from protection purchased or sold in the form of single name or index products .\nwhen we buy loss protection by purchasing a cds , we pay a fee to the seller , or cds counterparty , in return for the right to receive a payment if a specified credit event occurs for a particular obligor or reference entity .\nwhen we sell protection , we receive a cds premium from the buyer in return for pnc 2019s obligation to pay the buyer if a specified credit event occurs for a particular obligor or reference entity .\nwe evaluate the counterparty credit worthiness for all our cds activities .\ncounterparty creditworthiness is approved based on a review of credit quality in accordance with our traditional credit quality standards and credit policies .\nthe credit risk of our counterparties is monitored in the normal course of business .\nin addition , all counterparty credit lines are subject to collateral thresholds and exposures above these thresholds are secured .\ncdss are included in the 201cderivatives not designated as hedging instruments under gaap 201d section of table 54 : financial derivatives summary in the financial derivatives section of this risk management discussion .\nthe pnc financial services group , inc .\n2013 form 10-k 97 .\n\nQuestion: in 2012 what was the ratio of the decline in the provision for commercial lending credit losses to the consumers provision",
        "solution": "0.31"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WELL/2017/page_48.pdf\n\nID: WELL/2017/page_48.pdf-4\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations the following discussion and analysis is based primarily on the consolidated financial statements of welltower inc .\npresented in conformity with u.s .\ngenerally accepted accounting principles ( 201cu.s .\ngaap 201d ) for the periods presented and should be read together with the notes thereto contained in this annual report on form 10-k .\nother important factors are identified in 201citem 1 2014 business 201d and 201citem 1a 2014 risk factors 201d above .\nexecutive summary company overview welltower inc .\n( nyse:well ) , an s&p 500 company headquartered in toledo , ohio , is driving the transformation of health care infrastructure .\nthe company invests with leading seniors housing operators , post- acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people 2019s wellness and overall health care experience .\nwelltowertm , a real estate investment trust ( 201creit 201d ) , owns interests in properties concentrated in major , high-growth markets in the united states ( 201cu.s . 201d ) , canada and the united kingdom ( 201cu.k . 201d ) , consisting of seniors housing and post-acute communities and outpatient medical properties .\nour capital programs , when combined with comprehensive planning , development and property management services , make us a single-source solution for acquiring , planning , developing , managing , repositioning and monetizing real estate assets .\nthe following table summarizes our consolidated portfolio for the year ended december 31 , 2017 ( dollars in thousands ) : type of property noi ( 1 ) percentage of number of properties .\n\nTable Data:\n[['type of property', 'noi ( 1 )', 'percentage of noi', 'number of properties'], ['triple-net', '$ 967084', '43.3% ( 43.3 % )', '573'], ['seniors housing operating', '880026', '39.5% ( 39.5 % )', '443'], ['outpatient medical', '384068', '17.2% ( 17.2 % )', '270'], ['totals', '$ 2231178', '100.0% ( 100.0 % )', '1286']]\n\nFollowing Text:\n( 1 ) represents consolidated noi and excludes our share of investments in unconsolidated entities .\nentities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount .\nsee non-gaap financial measures for additional information and reconciliation .\nbusiness strategy our primary objectives are to protect stockholder capital and enhance stockholder value .\nwe seek to pay consistent cash dividends to stockholders and create opportunities to increase dividend payments to stockholders as a result of annual increases in net operating income and portfolio growth .\nto meet these objectives , we invest across the full spectrum of seniors housing and health care real estate and diversify our investment portfolio by property type , relationship and geographic location .\nsubstantially all of our revenues are derived from operating lease rentals , resident fees/services , and interest earned on outstanding loans receivable .\nthese items represent our primary sources of liquidity to fund distributions and depend upon the continued ability of our obligors to make contractual rent and interest payments to us and the profitability of our operating properties .\nto the extent that our obligors/partners experience operating difficulties and become unable to generate sufficient cash to make payments or operating distributions to us , there could be a material adverse impact on our consolidated results of operations , liquidity and/or financial condition .\nto mitigate this risk , we monitor our investments through a variety of methods determined by the type of property .\nour asset management process for seniors housing properties generally includes review of monthly financial statements and other operating data for each property , review of obligor/ partner creditworthiness , property inspections , and review of covenant compliance relating to licensure , real estate taxes , letters of credit and other collateral .\nour internal property management division manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations .\n\nQuestion: what percent of total noi is from outpatient medical?",
        "solution": "17.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2008/page_213.pdf\n\nID: JPM/2008/page_213.pdf-3\n\nPrevious Text:\njpmorgan chase & co .\n/ 2008 annual report 211 jpmorgan chase is subject to ongoing tax examinations by the tax authorities of the various jurisdictions in which it operates , including u.s .\nfederal and state and non-u.s .\njurisdictions .\nthe firm 2019s consoli- dated federal income tax returns are presently under examination by the internal revenue service ( 201cirs 201d ) for the years 2003 , 2004 and 2005 .\nthe consolidated federal income tax returns of bank one corporation , which merged with and into jpmorgan chase on july 1 , 2004 , are under examination for the years 2000 through 2003 , and for the period january 1 , 2004 , through july 1 , 2004 .\nthe consolidat- ed federal income tax returns of bear stearns for the years ended november 30 , 2003 , 2004 and 2005 , are also under examination .\nall three examinations are expected to conclude in 2009 .\nthe irs audits of the consolidated federal income tax returns of jpmorgan chase for the years 2006 and 2007 , and for bear stearns for the years ended november 30 , 2006 and 2007 , are expected to commence in 2009 .\nadministrative appeals are pending with the irs relating to prior examination periods .\nfor 2002 and prior years , refund claims relating to income and credit adjustments , and to tax attribute carry- backs , for jpmorgan chase and its predecessor entities , including bank one , have been filed .\namended returns to reflect refund claims primarily attributable to net operating losses and tax credit carry- backs will be filed for the final bear stearns federal consolidated tax return for the period december 1 , 2007 , through may 30 , 2008 , and for prior years .\nthe following table presents the u.s .\nand non-u.s .\ncomponents of income from continuing operations before income tax expense ( benefit ) . .\n\nTable Data:\n[['year ended december 31 ( in millions )', '2008', '2007', '2006'], ['u.s .', '$ -2094 ( 2094 )', '$ 13720', '$ 12934'], ['non-u.s. ( a )', '4867', '9085', '6952'], ['income from continuing operationsbefore income taxexpense ( benefit )', '$ 2773', '$ 22805', '$ 19886']]\n\nFollowing Text:\nnon-u.s. ( a ) 4867 9085 6952 income from continuing operations before income tax expense ( benefit ) $ 2773 $ 22805 $ 19886 ( a ) for purposes of this table , non-u.s .\nincome is defined as income generated from operations located outside the u.s .\nnote 29 2013 restrictions on cash and intercom- pany funds transfers the business of jpmorgan chase bank , national association ( 201cjpmorgan chase bank , n.a . 201d ) is subject to examination and regula- tion by the office of the comptroller of the currency ( 201cocc 201d ) .\nthe bank is a member of the u.s .\nfederal reserve system , and its deposits are insured by the fdic as discussed in note 20 on page 202 of this annual report .\nthe board of governors of the federal reserve system ( the 201cfederal reserve 201d ) requires depository institutions to maintain cash reserves with a federal reserve bank .\nthe average amount of reserve bal- ances deposited by the firm 2019s bank subsidiaries with various federal reserve banks was approximately $ 1.6 billion in 2008 and 2007 .\nrestrictions imposed by u.s .\nfederal law prohibit jpmorgan chase and certain of its affiliates from borrowing from banking subsidiaries unless the loans are secured in specified amounts .\nsuch secured loans to the firm or to other affiliates are generally limited to 10% ( 10 % ) of the banking subsidiary 2019s total capital , as determined by the risk- based capital guidelines ; the aggregate amount of all such loans is limited to 20% ( 20 % ) of the banking subsidiary 2019s total capital .\nthe principal sources of jpmorgan chase 2019s income ( on a parent com- pany 2013only basis ) are dividends and interest from jpmorgan chase bank , n.a. , and the other banking and nonbanking subsidiaries of jpmorgan chase .\nin addition to dividend restrictions set forth in statutes and regulations , the federal reserve , the occ and the fdic have authority under the financial institutions supervisory act to pro- hibit or to limit the payment of dividends by the banking organizations they supervise , including jpmorgan chase and its subsidiaries that are banks or bank holding companies , if , in the banking regulator 2019s opin- ion , payment of a dividend would constitute an unsafe or unsound practice in light of the financial condition of the banking organization .\nat january 1 , 2009 and 2008 , jpmorgan chase 2019s banking sub- sidiaries could pay , in the aggregate , $ 17.0 billion and $ 16.2 billion , respectively , in dividends to their respective bank holding companies without the prior approval of their relevant banking regulators .\nthe capacity to pay dividends in 2009 will be supplemented by the bank- ing subsidiaries 2019 earnings during the year .\nin compliance with rules and regulations established by u.s .\nand non-u.s .\nregulators , as of december 31 , 2008 and 2007 , cash in the amount of $ 20.8 billion and $ 16.0 billion , respectively , and securities with a fair value of $ 12.1 billion and $ 3.4 billion , respectively , were segregated in special bank accounts for the benefit of securities and futures brokerage customers. .\n\nQuestion: in 2008 what was the ratio of the cash to the securities in segregated bank accounts for the benefit of securities and futures brokerage customers",
        "solution": "1.72"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2013/page_91.pdf\n\nID: GS/2013/page_91.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis we believe our credit ratings are primarily based on the credit rating agencies 2019 assessment of : 2030 our liquidity , market , credit and operational risk management practices ; 2030 the level and variability of our earnings ; 2030 our capital base ; 2030 our franchise , reputation and management ; 2030 our corporate governance ; and 2030 the external operating environment , including the assumed level of government support .\ncertain of the firm 2019s derivatives have been transacted under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings .\nwe assess the impact of these bilateral agreements by determining the collateral or termination payments that would occur assuming a downgrade by all rating agencies .\na downgrade by any one rating agency , depending on the agency 2019s relative ratings of the firm at the time of the downgrade , may have an impact which is comparable to the impact of a downgrade by all rating agencies .\nwe allocate a portion of our gce to ensure we would be able to make the additional collateral or termination payments that may be required in the event of a two-notch reduction in our long-term credit ratings , as well as collateral that has not been called by counterparties , but is available to them .\nthe table below presents the additional collateral or termination payments related to our net derivative liabilities under bilateral agreements that could have been called at the reporting date by counterparties in the event of a one-notch and two-notch downgrade in our credit ratings. .\n\nTable Data:\n[['in millions', 'as of december 2013', 'as of december 2012'], ['additional collateral or termination payments for a one-notch downgrade', '$ 911', '$ 1534'], ['additional collateral or termination payments for a two-notch downgrade', '2989', '2500']]\n\nFollowing Text:\nin millions 2013 2012 additional collateral or termination payments for a one-notch downgrade $ 911 $ 1534 additional collateral or termination payments for a two-notch downgrade 2989 2500 cash flows as a global financial institution , our cash flows are complex and bear little relation to our net earnings and net assets .\nconsequently , we believe that traditional cash flow analysis is less meaningful in evaluating our liquidity position than the excess liquidity and asset-liability management policies described above .\ncash flow analysis may , however , be helpful in highlighting certain macro trends and strategic initiatives in our businesses .\nyear ended december 2013 .\nour cash and cash equivalents decreased by $ 11.54 billion to $ 61.13 billion at the end of 2013 .\nwe generated $ 4.54 billion in net cash from operating activities .\nwe used net cash of $ 16.08 billion for investing and financing activities , primarily to fund loans held for investment and repurchases of common stock .\nyear ended december 2012 .\nour cash and cash equivalents increased by $ 16.66 billion to $ 72.67 billion at the end of 2012 .\nwe generated $ 9.14 billion in net cash from operating and investing activities .\nwe generated $ 7.52 billion in net cash from financing activities from an increase in bank deposits , partially offset by net repayments of unsecured and secured long-term borrowings .\nyear ended december 2011 .\nour cash and cash equivalents increased by $ 16.22 billion to $ 56.01 billion at the end of 2011 .\nwe generated $ 23.13 billion in net cash from operating and investing activities .\nwe used net cash of $ 6.91 billion for financing activities , primarily for repurchases of our series g preferred stock and common stock , partially offset by an increase in bank deposits .\ngoldman sachs 2013 annual report 89 .\n\nQuestion: for cash and cash equivalents at the end of 2013 , what percentage was generated from operating activities?",
        "solution": "7.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VTR/2003/page_39.pdf\n\nID: VTR/2003/page_39.pdf-3\n\nPrevious Text:\nnote 6 2014mergers and acquisitions eldertrust merger on february 5 , 2004 , the company consummated a merger transaction in an all cash transaction valued at $ 184 million ( the 201celdertrust transaction 201d ) .\nthe eldertrust transaction adds nine assisted living facilities , one independent living facility , five skilled nursing facilities , two med- ical office buildings and a financial office building ( the 201celdertrust properties 201d ) to the company 2019s portfolio.the eldertrust properties are leased by the company to various operators under leases providing for aggregated , annual cash base rent of approxi- mately $ 16.2 million , subject to escalation as provided in the leases.the leases have remaining terms primarily ranging from four to 11 years.at the closing of the eldertrust transaction , the company also acquired all of the limited partnership units in eldertrust operating limited partnership ( 201cetop 201d ) directly from their owners at $ 12.50 per unit , excluding 31455 class c units in etop ( which will remain outstanding ) .\netop owns directly or indirectly all of the eldertrust properties .\nthe company funded the $ 101 million equity portion of the purchase price with cash on eldertrust 2019s balance sheet , a portion of the $ 85 million in proceeds from its december 2003 sale of ten facilities to kindred and draws on the company 2019s revolving credit facility ( the 201crevolving credit facility 201d ) under its second amended and restated security and guaranty agreement , dated as of april 17 , 2002 ( the 201c2002 credit agreement 201d ) .the company 2019s ownership of the eldertrust properties is subject to approximately $ 83 million of property level debt and other liabilities.at the close of the eldertrust transaction , eldertrust had approximately $ 33.5 million in unrestricted and restricted cash on hand .\nthe acquisition was accounted for under the purchase method .\nthe following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the date of acquisition .\nsuch estimates are subject to refinement as additional valuation information is received .\noperations from this merger will be reflected in the company 2019s consolidated financial state- ments for periods subsequent to the acquisition date of february 5 , 2004.the company is in the process of computing fair values , thus , the allocation of the purchase price is subject to refinement. .\n\nTable Data:\n[['', '( in millions )'], ['real estate investments', '$ 162'], ['cash and cash equivalents', '28'], ['other assets', '5'], ['total assets acquired', '$ 195'], ['notes payable and other debt', '83'], ['accounts payable and other accrued liabilities', '2'], ['total liabilities assumed', '85'], ['net assets acquired', '$ 110']]\n\nFollowing Text:\ntransaction with brookdale on january 29 , 2004 , the company entered into 14 definitive purchase agreements ( each , a 201cbrookdale purchase agreement 201d ) with certain affiliates of brookdale living communities , inc .\n( 201cbrookdale 201d ) to purchase ( each such purchase , a 201cbrookdale acquisition 201d ) a total of 14 independent living or assisted living facilities ( each , a 201cbrookdale facility 201d ) for an aggregate purchase price of $ 115 million.affiliates of brookdale have agreed to lease and operate the brookdale facilities pursuant to one or more triple-net leases.all of the brookdale leases , which have an initial term of 15 years , will be guaranteed by brookdale and provide for aggregated annual base rent of approximately $ 10 million , escalating each year by the greater of ( i ) 1.5% ( 1.5 % ) or ( ii ) 75% ( 75 % ) of the consumer price index .\nthe company expects to fund the brookdale acquisitions by assuming an aggregate of approximately $ 41 million of non- recourse property level debt on certain of the brookdale facilities , with the balance to be paid from cash on hand and/or draws on the revolving credit facility.the property level debt encumbers seven of the brookdale facilities .\non january 29 , 2004 , the company completed the acquisitions of four brookdale facilities for an aggregate purchase price of $ 37 million.the company 2019s acquisition of the remaining ten brookdale facilities is expected to be completed shortly , subject to customary closing conditions .\nhowever , the consummation of each such brookdale acquisition is not conditioned upon the consummation of any other such brookdale acquisition and there can be no assurance which , if any , of such remaining brookdale acquisitions will be consummated or when they will be consummated .\ntransactions with trans healthcare , inc .\non november 4 , 2002 , the company , through its wholly owned subsidiary ventas realty , completed a $ 120.0 million transaction ( the 201cthi transaction 201d ) with trans healthcare , inc. , a privately owned long-term care and hospital company ( 201cthi 201d ) .the thi transaction was structured as a $ 53.0 million sale leaseback trans- action ( the 201cthi sale leaseback 201d ) and a $ 67.0 million loan ( the 201cthi loan 201d ) , comprised of a first mortgage loan ( the 201cthi senior loan 201d ) and a mezzanine loan ( the 201cthi mezzanine loan 201d ) .\nfollowing a sale of the thi senior loan in december 2002 ( see below ) , the company 2019s investment in thi was $ 70.0 million .\nas part of the thi sale leasebackventas realty purchased 5 properties and is leasing them back to thi under a 201ctriple-net 201d master lease ( the 201cthi master lease 201d ) .the properties subject to the sale leaseback are four skilled nursing facilities and one con- tinuing care retirement community.the thi master lease , which has an initial term of ten years , provides for annual base rent of $ 5.9 million.the thi master lease provides that if thi meets specified revenue parameters , annual base rent will escalate each year by the greater of ( i ) three percent or ( ii ) 50% ( 50 % ) of the consumer price index .\nventas , inc .\npage 37 annual report 2003 .\n\nQuestion: what percentage of total assets acquired were real estate investments?",
        "solution": "83.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2011/page_60.pdf\n\nID: HII/2011/page_60.pdf-1\n\nPrevious Text:\ndiscount rate 2014the assumed discount rate is used to determine the current retirement related benefit plan expense and obligations , and represents the interest rate that is used to determine the present value of future cash flows currently expected to be required to effectively settle a plan 2019s benefit obligations .\nthe discount rate assumption is determined for each plan by constructing a portfolio of high quality bonds with cash flows that match the estimated outflows for future benefit payments to determine a single equivalent discount rate .\nbenefit payments are not only contingent on the terms of a plan , but also on the underlying participant demographics , including current age , and assumed mortality .\nwe use only bonds that are denominated in u.s .\ndollars , rated aa or better by two of three nationally recognized statistical rating agencies , have a minimum outstanding issue of $ 50 million as of the measurement date , and are not callable , convertible , or index linked .\nsince bond yields are generally unavailable beyond 30 years , we assume those rates will remain constant beyond that point .\ntaking into consideration the factors noted above , our weighted average discount rate for pensions was 5.23% ( 5.23 % ) and 5.84% ( 5.84 % ) , as of december 31 , 2011 and 2010 , respectively .\nour weighted average discount rate for other postretirement benefits was 4.94% ( 4.94 % ) and 5.58% ( 5.58 % ) as of december 31 , 2011 and 2010 , respectively .\nexpected long-term rate of return 2014the expected long-term rate of return on assets is used to calculate net periodic expense , and is based on such factors as historical returns , targeted asset allocations , investment policy , duration , expected future long-term performance of individual asset classes , inflation trends , portfolio volatility , and risk management strategies .\nwhile studies are helpful in understanding current trends and performance , the assumption is based more on longer term and prospective views .\nin order to reflect expected lower future market returns , we have reduced the expected long-term rate of return assumption from 8.50% ( 8.50 % ) , used to record 2011 expense , to 8.00% ( 8.00 % ) for 2012 .\nthe decrease in the expected return on assets assumption is primarily related to lower bond yields and updated return assumptions for equities .\nunless plan assets and benefit obligations are subject to remeasurement during the year , the expected return on pension assets is based on the fair value of plan assets at the beginning of the year .\nan increase or decrease of 25 basis points in the discount rate and the expected long-term rate of return assumptions would have had the following approximate impacts on pensions : ( $ in millions ) increase ( decrease ) in 2012 expense increase ( decrease ) in december 31 , 2011 obligations .\n\nTable Data:\n[['( $ in millions )', 'increase ( decrease ) in 2012 expense', 'increase ( decrease ) in december 31 2011 obligations'], ['25 basis point decrease in discount rate', '$ 18', '$ 146'], ['25 basis point increase in discount rate', '-17 ( 17 )', '-154 ( 154 )'], ['25 basis point decrease in expected return on assets', '8', 'n.a .'], ['25 basis point increase in expected return on assets', '-8 ( 8 )', 'n.a .']]\n\nFollowing Text:\ndifferences arising from actual experience or changes in assumptions might materially affect retirement related benefit plan obligations and the funded status .\nactuarial gains and losses arising from differences from actual experience or changes in assumptions are deferred in accumulated other comprehensive income .\nthis unrecognized amount is amortized to the extent it exceeds 10% ( 10 % ) of the greater of the plan 2019s benefit obligation or plan assets .\nthe amortization period for actuarial gains and losses is the estimated average remaining service life of the plan participants , which is approximately 10 years .\ncas expense 2014in addition to providing the methodology for calculating retirement related benefit plan costs , cas also prescribes the method for assigning those costs to specific periods .\nwhile the ultimate liability for such costs under fas and cas is similar , the pattern of cost recognition is different .\nthe key drivers of cas pension expense include the funded status and the method used to calculate cas reimbursement for each of our plans as well as our expected long-term rate of return on assets assumption .\nunlike fas , cas requires the discount rate to be consistent with the expected long-term rate of return on assets assumption , which changes infrequently given its long-term nature .\nas a result , changes in bond or other interest rates generally do not impact cas .\nin addition , unlike under fas , we can only allocate pension costs for a plan under cas until such plan is fully funded as determined under erisa requirements .\nother fas and cas considerations 2014we update our estimates of future fas and cas costs at least annually based on factors such as calendar year actual plan asset returns , final census data from the end of the prior year , and other actual and projected experience .\na key driver of the difference between fas and cas expense ( and consequently , the fas/cas adjustment ) is the pattern of earnings and expense recognition for gains and losses that arise when our asset and liability experiences differ from our assumptions under each set of requirements .\nunder fas , our net gains and losses exceeding the 10% ( 10 % ) corridor are amortized .\n\nQuestion: what is the percentage change in the weighted average discount rate for pensions from 2010 to 2011?",
        "solution": "-10.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IQV/2018/page_59.pdf\n\nID: IQV/2018/page_59.pdf-2\n\nPrevious Text:\ncontingencies we are exposed to certain known contingencies that are material to our investors .\nthe facts and circumstances surrounding these contingencies and a discussion of their effect on us are in note 12 to our audited consolidated financial statements included elsewhere in this annual report on form 10-k .\nthese contingencies may have a material effect on our liquidity , capital resources or results of operations .\nin addition , even where our reserves are adequate , the incurrence of any of these liabilities may have a material effect on our liquidity and the amount of cash available to us for other purposes .\nwe believe that we have made appropriate arrangements in respect of the future effect on us of these known contingencies .\nwe also believe that the amount of cash available to us from our operations , together with cash from financing , will be sufficient for us to pay any known contingencies as they become due without materially affecting our ability to conduct our operations and invest in the growth of our business .\noff-balance sheet arrangements we do not have any off-balance sheet arrangements except for operating leases entered into in the normal course of business .\ncontractual obligations and commitments below is a summary of our future payment commitments by year under contractual obligations as of december 31 , 2018: .\n\nTable Data:\n[['( in millions )', '2019', '2020 - 2021', '2022 - 2023', 'thereafter', 'total'], ['long-term debt including interest ( 1 )', '$ 508', '$ 1287', '$ 3257', '$ 8167', '$ 13219'], ['operating leases', '167', '244', '159', '119', '689'], ['data acquisition', '289', '467', '135', '4', '895'], ['purchase obligations ( 2 )', '17', '22', '15', '8', '62'], ['commitments to unconsolidated affiliates ( 3 )', '2014', '2014', '2014', '2014', '2014'], ['benefit obligations ( 4 )', '25', '27', '29', '81', '162'], ['uncertain income tax positions ( 5 )', '17', '2014', '2014', '2014', '17'], ['total', '$ 1023', '$ 2047', '$ 3595', '$ 8379', '$ 15044']]\n\nFollowing Text:\n( 1 ) interest payments on our debt are based on the interest rates in effect on december 31 , 2018 .\n( 2 ) purchase obligations are defined as agreements to purchase goods or services that are enforceable and legally binding and that specify all significant terms , including fixed or minimum quantities to be purchased , fixed , minimum or variable pricing provisions and the approximate timing of the transactions .\n( 3 ) we are currently committed to invest $ 120 million in private equity funds .\nas of december 31 , 2018 , we have funded approximately $ 78 million of these commitments and we have approximately $ 42 million remaining to be funded which has not been included in the above table as we are unable to predict when these commitments will be paid .\n( 4 ) amounts represent expected future benefit payments for our pension and postretirement benefit plans , as well as expected contributions for 2019 for our funded pension benefit plans .\nwe made cash contributions totaling approximately $ 31 million to our defined benefit plans in 2018 , and we estimate that we will make contributions totaling approximately $ 25 million to our defined benefit plans in 2019 .\ndue to the potential impact of future plan investment performance , changes in interest rates , changes in other economic and demographic assumptions and changes in legislation in foreign jurisdictions , we are not able to reasonably estimate the timing and amount of contributions that may be required to fund our defined benefit plans for periods beyond 2019 .\n( 5 ) as of december 31 , 2018 , our liability related to uncertain income tax positions was approximately $ 106 million , $ 89 million of which has not been included in the above table as we are unable to predict when these liabilities will be paid due to the uncertainties in the timing of the settlement of the income tax positions. .\n\nQuestion: what is the percentage change in benefits obligations from 2018 to 2019?",
        "solution": "19.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_47.pdf\n\nID: ADBE/2014/page_47.pdf-2\n\nPrevious Text:\nsubscription cost of subscription revenue consists of third-party royalties and expenses related to operating our network infrastructure , including depreciation expenses and operating lease payments associated with computer equipment , data center costs , salaries and related expenses of network operations , implementation , account management and technical support personnel , amortization of intangible assets and allocated overhead .\nwe enter into contracts with third-parties for the use of their data center facilities and our data center costs largely consist of the amounts we pay to these third parties for rack space , power and similar items .\ncost of subscription revenue increased due to the following : % (  % ) change 2014-2013 % (  % ) change 2013-2012 .\n\nTable Data:\n[['', '% (  % ) change2014-2013', '% (  % ) change2013-2012'], ['data center cost', '10% ( 10 % )', '11% ( 11 % )'], ['compensation cost and related benefits associated with headcount', '4', '5'], ['depreciation expense', '3', '3'], ['royalty cost', '3', '4'], ['amortization of purchased intangibles', '2014', '4'], ['various individually insignificant items', '1', '2014'], ['total change', '21% ( 21 % )', '27% ( 27 % )']]\n\nFollowing Text:\ncost of subscription revenue increased during fiscal 2014 as compared to fiscal 2013 primarily due to data center costs , compensation cost and related benefits , deprecation expense , and royalty cost .\ndata center costs increased as compared with the year-ago period primarily due to higher transaction volumes in our adobe marketing cloud and creative cloud services .\ncompensation cost and related benefits increased as compared to the year-ago period primarily due to additional headcount in fiscal 2014 , including from our acquisition of neolane in the third quarter of fiscal 2013 .\ndepreciation expense increased as compared to the year-ago period primarily due to higher capital expenditures in recent periods as we continue to invest in our network and data center infrastructure to support the growth of our business .\nroyalty cost increased primarily due to increases in subscriptions and downloads of our saas offerings .\ncost of subscription revenue increased during fiscal 2013 as compared to fiscal 2012 primarily due to increased hosted server costs and amortization of purchased intangibles .\nhosted server costs increased primarily due to increases in data center costs related to higher transaction volumes in our adobe marketing cloud and creative cloud services , depreciation expense from higher capital expenditures in prior years and compensation and related benefits driven by additional headcount .\namortization of purchased intangibles increased primarily due to increased amortization of intangible assets purchased associated with our acquisitions of behance and neolane in fiscal 2013 .\nservices and support cost of services and support revenue is primarily comprised of employee-related costs and associated costs incurred to provide consulting services , training and product support .\ncost of services and support revenue increased during fiscal 2014 as compared to fiscal 2013 primarily due to increases in compensation and related benefits driven by additional headcount and third-party fees related to training and consulting services provided to our customers .\ncost of services and support revenue increased during fiscal 2013 as compared to fiscal 2012 primarily due to increases in third-party fees related to training and consulting services provided to our customers and compensation and related benefits driven by additional headcount , including headcount from our acquisition of neolane in fiscal 2013. .\n\nQuestion: from the years 2014-2013 to 2013-2012 , what was the change in percentage points of depreciation expense?",
        "solution": "0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2018/page_81.pdf\n\nID: PNC/2018/page_81.pdf-2\n\nPrevious Text:\nthe pnc financial services group , inc .\n2013 form 10-k 65 liquidity and capital management liquidity risk has two fundamental components .\nthe first is potential loss assuming we were unable to meet our funding requirements at a reasonable cost .\nthe second is the potential inability to operate our businesses because adequate contingent liquidity is not available .\nwe manage liquidity risk at the consolidated company level ( bank , parent company and nonbank subsidiaries combined ) to help ensure that we can obtain cost-effective funding to meet current and future obligations under both normal 201cbusiness as usual 201d and stressful circumstances , and to help ensure that we maintain an appropriate level of contingent liquidity .\nmanagement monitors liquidity through a series of early warning indicators that may indicate a potential market , or pnc-specific , liquidity stress event .\nin addition , management performs a set of liquidity stress tests over multiple time horizons with varying levels of severity and maintains a contingency funding plan to address a potential liquidity stress event .\nin the most severe liquidity stress simulation , we assume that our liquidity position is under pressure , while the market in general is under systemic pressure .\nthe simulation considers , among other things , the impact of restricted access to both secured and unsecured external sources of funding , accelerated run-off of customer deposits , valuation pressure on assets and heavy demand to fund committed obligations .\nparent company liquidity guidelines are designed to help ensure that sufficient liquidity is available to meet our parent company obligations over the succeeding 24-month period .\nliquidity-related risk limits are established within our enterprise liquidity management policy and supporting policies .\nmanagement committees , including the asset and liability committee , and the board of directors and its risk committee regularly review compliance with key established limits .\nin addition to these liquidity monitoring measures and tools described above , we also monitor our liquidity by reference to the liquidity coverage ratio ( lcr ) which is further described in the supervision and regulation section in item 1 of this report .\npnc and pnc bank calculate the lcr on a daily basis and as of december 31 , 2018 , the lcr for pnc and pnc bank exceeded the fully phased-in requirement of 100% ( 100 % ) .\nwe provide additional information regarding regulatory liquidity requirements and their potential impact on us in the supervision and regulation section of item 1 business and item 1a risk factors of this report .\nsources of liquidity our largest source of liquidity on a consolidated basis is the customer deposit base generated by our banking businesses .\nthese deposits provide relatively stable and low-cost funding .\ntotal deposits increased to $ 267.8 billion at december 31 , 2018 from $ 265.1 billion at december 31 , 2017 driven by growth in interest-bearing deposits partially offset by a decrease in noninterest-bearing deposits .\nsee the funding sources section of the consolidated balance sheet review in this report for additional information related to our deposits .\nadditionally , certain assets determined by us to be liquid as well as unused borrowing capacity from a number of sources are also available to manage our liquidity position .\nat december 31 , 2018 , our liquid assets consisted of short-term investments ( federal funds sold , resale agreements , trading securities and interest-earning deposits with banks ) totaling $ 22.1 billion and securities available for sale totaling $ 63.4 billion .\nthe level of liquid assets fluctuates over time based on many factors , including market conditions , loan and deposit growth and balance sheet management activities .\nour liquid assets included $ 2.7 billion of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and for other purposes .\nin addition , $ 4.9 billion of securities held to maturity were also pledged as collateral for these purposes .\nwe also obtain liquidity through various forms of funding , including long-term debt ( senior notes , subordinated debt and fhlb borrowings ) and short-term borrowings ( securities sold under repurchase agreements , commercial paper and other short-term borrowings ) .\nsee note 10 borrowed funds and the funding sources section of the consolidated balance sheet review in this report for additional information related to our borrowings .\ntotal senior and subordinated debt , on a consolidated basis , decreased due to the following activity : table 24 : senior and subordinated debt .\n\nTable Data:\n[['in billions', '2018'], ['january 1', '$ 33.3'], ['issuances', '4.5'], ['calls and maturities', '-6.8 ( 6.8 )'], ['other', '-.1 ( .1 )'], ['december 31', '$ 30.9']]\n\nFollowing Text:\n.\n\nQuestion: were total deposits at december 31 , 2018 greater than total senior and subordinated debt?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2002/page_46.pdf\n\nID: ZBH/2002/page_46.pdf-3\n\nPrevious Text:\nz i m m e r h o l d i n g s , i n c .\na n d s u b s i d i a r i e s 2 0 0 2 f o r m 1 0 - k notes to consolidated financial statements ( continued ) rating as of december 31 , 2002 met such requirement .\nfair value commitments under the credit facility are subject to certain the carrying value of the company 2019s borrowings approxi- fees , including a facility and a utilization fee .\nmates fair value due to their short-term maturities and uncommitted credit facilities variable interest rates .\nthe company has a $ 26 million uncommitted unsecured 8 .\nderivative financial instruments revolving line of credit .\nthe purpose of this credit line is to support the working capital needs , letters of credit and the company is exposed to market risk due to changes overdraft needs for the company .\nthe uncommitted credit in currency exchange rates .\nas a result , the company utilizes agreement contains customary affirmative and negative cove- foreign exchange forward contracts to offset the effect of nants and events of default , none of which are considered exchange rate fluctuations on anticipated foreign currency restrictive to the operation of the business .\nin addition , this transactions , primarily intercompany sales and purchases uncommitted credit agreement provides for unconditional expected to occur within the next twelve to twenty-four and irrevocable guarantees by the company .\nin the event the months .\nthe company does not hold financial instruments company 2019s long-term debt ratings by both standard and for trading or speculative purposes .\nfor derivatives which poor 2019s ratings services and moody 2019s investor 2019s service , inc. , qualify as hedges of future cash flows , the effective portion fall below bb- and ba3 , then the company may be required of changes in fair value is temporarily recorded in other to repay all outstanding and contingent obligations .\nthe comprehensive income , then recognized in earnings when company 2019s credit rating as of december 31 , 2002 met such the hedged item affects earnings .\nthe ineffective portion of requirement .\nthis uncommitted credit line matures on a derivative 2019s change in fair value , if any , is reported in july 31 , 2003 .\noutstanding borrowings under this uncommit- earnings .\nthe net amount recognized in earnings during the ted line of credit as of december 31 , 2002 were $ 0.5 million years ended december 31 , 2002 and 2001 , due to ineffective- with a weighted average interest rate of 6.35 percent .\nness and amounts excluded from the assessment of hedge the company also has a $ 15 million uncommitted effectiveness , was not significant .\nrevolving unsecured line of credit .\nthe purpose of this line of the notional amounts of outstanding foreign exchange credit is to support short-term working capital needs of the forward contracts , principally japanese yen and the euro , company .\nthe agreement for this uncommitted unsecured entered into with third parties , at december 31 , 2002 , was line of credit contains customary covenants , none of which $ 252 million .\nthe fair value of derivative instruments recorded are considered restrictive to the operation of the business .\nin accrued liabilities at december 31 , 2002 , was $ 13.8 million , this uncommitted line matures on july 31 , 2003 .\nthere were or $ 8.5 million net of taxes , which is deferred in other no borrowings under this uncommitted line of credit as of comprehensive income and is expected to be reclassified to december 31 , 2002 .\nearnings over the next two years , of which , $ 7.7 million , or the company has a $ 20 million uncommitted revolving $ 4.8 million , net of taxes , is expected to be reclassified to unsecured line of credit .\nthe purpose of this line of credit is earnings over the next twelve months .\nto support short-term working capital needs of the company .\nthe pricing is based upon money market rates .\nthe agree- 9 .\ncapital stock and earnings per share ment for this uncommitted unsecured line of credit contains as discussed in note 14 , all of the shares of company customary covenants , none of which are considered restrictive common stock were distributed at the distribution by the to the operation of the business .\nthis uncommitted line former parent to its stockholders in the form of a dividend matures on july 31 , 2003 .\nthere were no borrowings under of one share of company common stock , and the associated this uncommitted line of credit as of december 31 , 2002 .\npreferred stock purchase right , for every ten shares of the company was in compliance with all covenants common stock of the former parent .\nin july 2001 the board under all three of the uncommitted credit facilities as of of directors of the company adopted a rights agreement december 31 , 2002 .\nthe company had no long-term debt intended to have anti-takeover effects .\nunder this agreement as of december 31 , 2002 .\none right attaches to each share of company common stock .\noutstanding debt as of december 31 , 2002 and 2001 , the rights will not become exercisable until the earlier of : consist of the following ( in millions ) : a ) the company learns that a person or group acquired , or 2002 2001 obtained the right to acquire , beneficial ownership of securi- credit facility $ 156.2 $ 358.2 ties representing more than 20 percent of the shares of uncommitted credit facilities 0.5 5.7 company common stock then outstanding , or b ) such date , if any , as may be designated by the board of directorstotal debt $ 156.7 $ 363.9 following the commencement of , or first public disclosure of the company paid $ 13.0 million and $ 4.6 million in an intention to commence , a tender offer or exchange offer interest charges during 2002 and 2001 , respectively. .\n\nTable Data:\n[['', '2002', '2001'], ['credit facility', '$ 156.2', '$ 358.2'], ['uncommitted credit facilities', '0.5', '5.7'], ['total debt', '$ 156.7', '$ 363.9']]\n\nFollowing Text:\nz i m m e r h o l d i n g s , i n c .\na n d s u b s i d i a r i e s 2 0 0 2 f o r m 1 0 - k notes to consolidated financial statements ( continued ) rating as of december 31 , 2002 met such requirement .\nfair value commitments under the credit facility are subject to certain the carrying value of the company 2019s borrowings approxi- fees , including a facility and a utilization fee .\nmates fair value due to their short-term maturities and uncommitted credit facilities variable interest rates .\nthe company has a $ 26 million uncommitted unsecured 8 .\nderivative financial instruments revolving line of credit .\nthe purpose of this credit line is to support the working capital needs , letters of credit and the company is exposed to market risk due to changes overdraft needs for the company .\nthe uncommitted credit in currency exchange rates .\nas a result , the company utilizes agreement contains customary affirmative and negative cove- foreign exchange forward contracts to offset the effect of nants and events of default , none of which are considered exchange rate fluctuations on anticipated foreign currency restrictive to the operation of the business .\nin addition , this transactions , primarily intercompany sales and purchases uncommitted credit agreement provides for unconditional expected to occur within the next twelve to twenty-four and irrevocable guarantees by the company .\nin the event the months .\nthe company does not hold financial instruments company 2019s long-term debt ratings by both standard and for trading or speculative purposes .\nfor derivatives which poor 2019s ratings services and moody 2019s investor 2019s service , inc. , qualify as hedges of future cash flows , the effective portion fall below bb- and ba3 , then the company may be required of changes in fair value is temporarily recorded in other to repay all outstanding and contingent obligations .\nthe comprehensive income , then recognized in earnings when company 2019s credit rating as of december 31 , 2002 met such the hedged item affects earnings .\nthe ineffective portion of requirement .\nthis uncommitted credit line matures on a derivative 2019s change in fair value , if any , is reported in july 31 , 2003 .\noutstanding borrowings under this uncommit- earnings .\nthe net amount recognized in earnings during the ted line of credit as of december 31 , 2002 were $ 0.5 million years ended december 31 , 2002 and 2001 , due to ineffective- with a weighted average interest rate of 6.35 percent .\nness and amounts excluded from the assessment of hedge the company also has a $ 15 million uncommitted effectiveness , was not significant .\nrevolving unsecured line of credit .\nthe purpose of this line of the notional amounts of outstanding foreign exchange credit is to support short-term working capital needs of the forward contracts , principally japanese yen and the euro , company .\nthe agreement for this uncommitted unsecured entered into with third parties , at december 31 , 2002 , was line of credit contains customary covenants , none of which $ 252 million .\nthe fair value of derivative instruments recorded are considered restrictive to the operation of the business .\nin accrued liabilities at december 31 , 2002 , was $ 13.8 million , this uncommitted line matures on july 31 , 2003 .\nthere were or $ 8.5 million net of taxes , which is deferred in other no borrowings under this uncommitted line of credit as of comprehensive income and is expected to be reclassified to december 31 , 2002 .\nearnings over the next two years , of which , $ 7.7 million , or the company has a $ 20 million uncommitted revolving $ 4.8 million , net of taxes , is expected to be reclassified to unsecured line of credit .\nthe purpose of this line of credit is earnings over the next twelve months .\nto support short-term working capital needs of the company .\nthe pricing is based upon money market rates .\nthe agree- 9 .\ncapital stock and earnings per share ment for this uncommitted unsecured line of credit contains as discussed in note 14 , all of the shares of company customary covenants , none of which are considered restrictive common stock were distributed at the distribution by the to the operation of the business .\nthis uncommitted line former parent to its stockholders in the form of a dividend matures on july 31 , 2003 .\nthere were no borrowings under of one share of company common stock , and the associated this uncommitted line of credit as of december 31 , 2002 .\npreferred stock purchase right , for every ten shares of the company was in compliance with all covenants common stock of the former parent .\nin july 2001 the board under all three of the uncommitted credit facilities as of of directors of the company adopted a rights agreement december 31 , 2002 .\nthe company had no long-term debt intended to have anti-takeover effects .\nunder this agreement as of december 31 , 2002 .\none right attaches to each share of company common stock .\noutstanding debt as of december 31 , 2002 and 2001 , the rights will not become exercisable until the earlier of : consist of the following ( in millions ) : a ) the company learns that a person or group acquired , or 2002 2001 obtained the right to acquire , beneficial ownership of securi- credit facility $ 156.2 $ 358.2 ties representing more than 20 percent of the shares of uncommitted credit facilities 0.5 5.7 company common stock then outstanding , or b ) such date , if any , as may be designated by the board of directorstotal debt $ 156.7 $ 363.9 following the commencement of , or first public disclosure of the company paid $ 13.0 million and $ 4.6 million in an intention to commence , a tender offer or exchange offer interest charges during 2002 and 2001 , respectively. .\n\nQuestion: what was the percentage change of total debt from 2001 to 2002?",
        "solution": "-57%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2007/page_39.pdf\n\nID: DRE/2007/page_39.pdf-3\n\nPrevious Text:\nin february 2008 , we issued $ 300.0 million of 8.375% ( 8.375 % ) series o cumulative redeemable preferred shares .\nthe indentures ( and related supplemental indentures ) governing our outstanding series of notes also require us to comply with financial ratios and other covenants regarding our operations .\nwe were in compliance with all such covenants as of december 31 , 2007 .\nsale of real estate assets we utilize sales of real estate assets as an additional source of liquidity .\nwe pursue opportunities to sell real estate assets at favorable prices to capture value created by us as well as to improve the overall quality of our portfolio by recycling sale proceeds into new properties with greater value creation opportunities .\nuses of liquidity our principal uses of liquidity include the following : 2022 property investments ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; and 2022 other contractual obligations property investments we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential .\nrecurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments .\nthe following is a summary of our recurring capital expenditures for the years ended december 31 , 2007 , 2006 and 2005 , respectively ( in thousands ) : .\n\nTable Data:\n[['', '2007', '2006', '2005'], ['recurring tenant improvements', '$ 45296', '$ 41895', '$ 60633'], ['recurring leasing costs', '32238', '32983', '33175'], ['building improvements', '8402', '8122', '15232'], ['totals', '$ 85936', '$ 83000', '$ 109040']]\n\nFollowing Text:\ndividends and distributions in order to qualify as a reit for federal income tax purposes , we must currently distribute at least 90% ( 90 % ) of our taxable income to shareholders .\nwe paid dividends per share of $ 1.91 , $ 1.89 and $ 1.87 for the years ended december 31 , 2007 , 2006 and 2005 , respectively .\nwe also paid a one-time special dividend of $ 1.05 per share in 2005 as a result of the significant gain realized from an industrial portfolio sale .\nwe expect to continue to distribute taxable earnings to meet the requirements to maintain our reit status .\nhowever , distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant .\ndebt maturities debt outstanding at december 31 , 2007 totaled $ 4.3 billion with a weighted average interest rate of 5.74% ( 5.74 % ) maturing at various dates through 2028 .\nwe had $ 3.2 billion of unsecured notes , $ 546.1 million outstanding on our unsecured lines of credit and $ 524.4 million of secured debt outstanding at december 31 , 2007 .\nscheduled principal amortization and maturities of such debt totaled $ 249.8 million for the year ended december 31 , 2007 and $ 146.4 million of secured debt was transferred to unconsolidated subsidiaries in connection with the contribution of properties in 2007. .\n\nQuestion: what was the percent of the increase in the dividends paid per share from 2006 to 2007",
        "solution": "1.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2009/page_123.pdf\n\nID: MA/2009/page_123.pdf-3\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) equity awards was $ 30333 , $ 20726 and $ 19828 for the years ended december 31 , 2009 , 2008 and 2007 , respectively .\nthe income tax benefit related to options exercised during 2009 was $ 7545 .\nthe additional paid-in capital balance attributed to the equity awards was $ 197350 , $ 135538 and $ 114637 as of december 31 , 2009 , 2008 and 2007 , respectively .\non july 18 , 2006 , the company 2019s stockholders approved the mastercard incorporated 2006 non-employee director equity compensation plan ( the 201cdirector plan 201d ) .\nthe director plan provides for awards of deferred stock units ( 201cdsus 201d ) to each director of the company who is not a current employee of the company .\nthere are 100 shares of class a common stock reserved for dsu awards under the director plan .\nduring the years ended december 31 , 2009 , 2008 and 2007 , the company granted 7 dsus , 4 dsus and 8 dsus , respectively .\nthe fair value of the dsus was based on the closing stock price on the new york stock exchange of the company 2019s class a common stock on the date of grant .\nthe weighted average grant-date fair value of dsus granted during the years ended december 31 , 2009 , 2008 and 2007 was $ 168.18 , $ 284.92 and $ 139.27 , respectively .\nthe dsus vested immediately upon grant and will be settled in shares of the company 2019s class a common stock on the fourth anniversary of the date of grant .\naccordingly , the company recorded general and administrative expense of $ 1151 , $ 1209 and $ 1051 for the dsus for the years ended december 31 , 2009 , 2008 and 2007 , respectively .\nthe total income tax benefit recognized in the income statement for dsus was $ 410 , $ 371 and $ 413 for the years ended december 31 , 2009 , 2008 and 2007 , respectively .\nnote 18 .\ncommitments at december 31 , 2009 , the company had the following future minimum payments due under non-cancelable agreements : capital leases operating leases sponsorship , licensing & .\n\nTable Data:\n[['', 'total', 'capital leases', 'operating leases', 'sponsorship licensing & other'], ['2010', '$ 283987', '$ 7260', '$ 25978', '$ 250749'], ['2011', '146147', '4455', '17710', '123982'], ['2012', '108377', '3221', '15358', '89798'], ['2013', '59947', '36838', '10281', '12828'], ['2014', '13998', '2014', '8371', '5627'], ['thereafter', '25579', '2014', '22859', '2720'], ['total', '$ 638035', '$ 51774', '$ 100557', '$ 485704']]\n\nFollowing Text:\nincluded in the table above are capital leases with imputed interest expense of $ 7929 and a net present value of minimum lease payments of $ 43845 .\nin addition , at december 31 , 2009 , $ 63616 of the future minimum payments in the table above for leases , sponsorship , licensing and other agreements was accrued .\nconsolidated rental expense for the company 2019s office space , which is recognized on a straight line basis over the life of the lease , was approximately $ 39586 , $ 42905 and $ 35614 for the years ended december 31 , 2009 , 2008 and 2007 , respectively .\nconsolidated lease expense for automobiles , computer equipment and office equipment was $ 9137 , $ 7694 and $ 7679 for the years ended december 31 , 2009 , 2008 and 2007 , respectively .\nin january 2003 , mastercard purchased a building in kansas city , missouri for approximately $ 23572 .\nthe building is a co-processing data center which replaced a back-up data center in lake success , new york .\nduring 2003 , mastercard entered into agreements with the city of kansas city for ( i ) the sale-leaseback of the building and related equipment which totaled $ 36382 and ( ii ) the purchase of municipal bonds for the same amount .\n\nQuestion: what is the percentage of operating leases among the total future minimum payments , in 2010?",
        "solution": "9.15%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2017/page_76.pdf\n\nID: PNC/2017/page_76.pdf-2\n\nPrevious Text:\n60 the pnc financial services group , inc .\n2013 form 10-k liquidity and capital management liquidity risk has two fundamental components .\nthe first is potential loss assuming we were unable to meet our funding requirements at a reasonable cost .\nthe second is the potential inability to operate our businesses because adequate contingent liquidity is not available .\nwe manage liquidity risk at the consolidated company level ( bank , parent company , and nonbank subsidiaries combined ) to help ensure that we can obtain cost-effective funding to meet current and future obligations under both normal 201cbusiness as usual 201d and stressful circumstances , and to help ensure that we maintain an appropriate level of contingent liquidity .\nmanagement monitors liquidity through a series of early warning indicators that may indicate a potential market , or pnc-specific , liquidity stress event .\nin addition , management performs a set of liquidity stress tests over multiple time horizons with varying levels of severity and maintains a contingency funding plan to address a potential liquidity stress event .\nin the most severe liquidity stress simulation , we assume that our liquidity position is under pressure , while the market in general is under systemic pressure .\nthe simulation considers , among other things , the impact of restricted access to both secured and unsecured external sources of funding , accelerated run-off of customer deposits , valuation pressure on assets and heavy demand to fund committed obligations .\nparent company liquidity guidelines are designed to help ensure that sufficient liquidity is available to meet our parent company obligations over the succeeding 24-month period .\nliquidity-related risk limits are established within our enterprise liquidity management policy and supporting policies .\nmanagement committees , including the asset and liability committee , and the board of directors and its risk committee regularly review compliance with key established limits .\nin addition to these liquidity monitoring measures and tools described above , we also monitor our liquidity by reference to the liquidity coverage ratio ( lcr ) which is further described in the supervision and regulation section in item 1 of this report .\npnc and pnc bank calculate the lcr on a daily basis and as of december 31 , 2017 , the lcr for pnc and pnc bank exceeded the fully phased-in requirement of we provide additional information regarding regulatory liquidity requirements and their potential impact on us in the supervision and regulation section of item 1 business and item 1a risk factors of this report .\nsources of liquidity our largest source of liquidity on a consolidated basis is the customer deposit base generated by our banking businesses .\nthese deposits provide relatively stable and low-cost funding .\ntotal deposits increased to $ 265.1 billion at december 31 , 2017 from $ 257.2 billion at december 31 , 2016 , driven by higher consumer and commercial deposits .\nconsumer deposits reflected in part a shift from money market deposits to relationship-based savings products .\ncommercial deposits reflected a shift from demand deposits to money market deposits primarily due to higher interest rates in 2017 .\nadditionally , certain assets determined by us to be liquid and unused borrowing capacity from a number of sources are also available to manage our liquidity position .\nat december 31 , 2017 , our liquid assets consisted of short- term investments ( federal funds sold , resale agreements , trading securities and interest-earning deposits with banks ) totaling $ 33.0 billion and securities available for sale totaling $ 57.6 billion .\nthe level of liquid assets fluctuates over time based on many factors , including market conditions , loan and deposit growth and balance sheet management activities .\nof our total liquid assets of $ 90.6 billion , we had $ 3.2 billion of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and for other purposes .\nin addition , $ 4.9 billion of securities held to maturity were also pledged as collateral for these purposes .\nwe also obtain liquidity through various forms of funding , including long-term debt ( senior notes , subordinated debt and fhlb advances ) and short-term borrowings ( securities sold under repurchase agreements , commercial paper and other short-term borrowings ) .\nsee note 10 borrowed funds and the funding sources section of the consolidated balance sheet review in this report for additional information related to our borrowings .\ntotal senior and subordinated debt , on a consolidated basis , increased due to the following activity : table 25 : senior and subordinated debt .\n\nTable Data:\n[['in billions', '2017'], ['january 1', '$ 31.0'], ['issuances', '7.1'], ['calls and maturities', '-4.6 ( 4.6 )'], ['other', '-.2 ( .2 )'], ['december 31', '$ 33.3']]\n\nFollowing Text:\n.\n\nQuestion: what was the total of of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and securities held to maturity pledged as collateral for these purposes for 2017 in billions?",
        "solution": "8.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKNG/2015/page_38.pdf\n\nID: BKNG/2015/page_38.pdf-1\n\nPrevious Text:\nmeasurement point december 31 the priceline group nasdaq composite index s&p 500 rdg internet composite .\n\nTable Data:\n[['measurement pointdecember 31', 'the priceline group inc .', 'nasdaqcomposite index', 's&p 500index', 'rdg internetcomposite'], ['2010', '100.00', '100.00', '100.00', '100.00'], ['2011', '117.06', '100.53', '102.11', '102.11'], ['2012', '155.27', '116.92', '118.45', '122.23'], ['2013', '290.93', '166.19', '156.82', '199.42'], ['2014', '285.37', '188.78', '178.29', '195.42'], ['2015', '319.10', '199.95', '180.75', '267.25']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in percentage change between the priceline group inc . and the nasdaq composite index for the five years ended 2015?",
        "solution": "119.15%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_336.pdf\n\nID: ETR/2008/page_336.pdf-3\n\nPrevious Text:\nentergy mississippi , inc .\nmanagement's financial discussion and analysis results of operations net income 2008 compared to 2007 net income decreased $ 12.4 million primarily due to higher other operation and maintenance expenses , lower other income , and higher depreciation and amortization expenses , partially offset by higher net revenue .\n2007 compared to 2006 net income increased $ 19.8 million primarily due to higher net revenue , lower other operation and maintenance expenses , higher other income , and lower interest expense , partially offset by higher depreciation and amortization expenses .\nnet revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .\nfollowing is an analysis of the change in net revenue comparing 2008 to 2007 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2007 net revenue', '$ 486.9'], ['attala costs', '9.9'], ['rider revenue', '6.0'], ['base revenue', '5.1'], ['reserve equalization', '-2.4 ( 2.4 )'], ['net wholesale revenue', '-4.0 ( 4.0 )'], ['other', '-2.7 ( 2.7 )'], ['2008 net revenue', '$ 498.8']]\n\nFollowing Text:\nthe attala costs variance is primarily due to an increase in the attala power plant costs that are recovered through the power management rider .\nthe net income effect of this recovery in limited to a portion representing an allowed return on equity with the remainder offset by attala power plant costs in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes .\nthe recovery of attala power plant costs is discussed further in \"liquidity and capital resources - uses of capital\" below .\nthe rider revenue variance is the result of a storm damage rider that became effective in october 2007 .\nthe establishment of this rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense for the storm reserve with no effect on net income .\nthe base revenue variance is primarily due to a formula rate plan increase effective july 2007 .\nthe formula rate plan filing is discussed further in \"state and local rate regulation\" below .\nthe reserve equalization variance is primarily due to changes in the entergy system generation mix compared to the same period in 2007. .\n\nQuestion: what is the percent change in net revenue between 2007 and 2008?",
        "solution": "2.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAA/2015/page_57.pdf\n\nID: MAA/2015/page_57.pdf-2\n\nPrevious Text:\ndispositions of depreciable real estate assets excluded from discontinued operations we recorded a gain on sale of depreciable assets excluded from discontinued operations of $ 190.0 million for the year ended december 31 , 2015 , an increase of approximately $ 147.3 million from the $ 42.6 million gain on sale of depreciable assets recorded for the year ended december 31 , 2014 .\nthe increase was primarily the result of increased disposition activity .\ndispositions increased from eight multifamily properties for the year ended december 31 , 2014 , to 21 multifamily properties for the year ended december 31 , 2015 .\ngain from real estate joint ventures we recorded a gain from real estate joint ventures of $ 6.0 million during the year ended december 31 , 2014 as opposed to no material gain or loss being recorded during the year ended december 31 , 2015 .\nthe decrease was primarily a result of recording a $ 3.4 million gain for the disposition of ansley village by mid-america multifamily fund ii , or fund ii , as well as a $ 2.8 million gain for the promote fee received from our fund ii partner during 2014 .\nthe promote fee was received as a result of maa achieving certain performance metrics in its management of the fund ii properties over the life of the joint venture .\nthere were no such gains recorded during the year ended december 31 , 2015 .\ndiscontinued operations we recorded a gain on sale of discontinued operations of $ 5.4 million for the year ended december 31 , 2014 .\nwe did not record a gain or loss on sale of discontinued operations during the year ended december 31 , 2015 , due to the adoption of asu 2014-08 , reporting discontinued operations and disclosures of disposals of components of an entity , which resulted in dispositions being included in the gain on sale of depreciable real estate assets excluded from discontinued operations and is discussed further below .\nnet income attributable to noncontrolling interests net income attributable to noncontrolling interests for the year ended december 31 , 2015 was approximately $ 18.5 million , an increase of $ 10.2 million from the year ended december 31 , 2014 .\nthis increase is consistent with the increase to overall net income and is primarily a result of the items discussed above .\nnet income attributable to maa primarily as a result of the items discussed above , net income attributable to maa increased by approximately $ 184.3 million in the year ended december 31 , 2015 from the year ended december 31 , 2014 .\ncomparison of the year ended december 31 , 2014 to the year ended december 31 , 2013 the comparison of the year ended december 31 , 2014 to the year ended december 31 , 2013 shows the segment break down based on the 2014 same store portfolios .\na comparison using the 2015 same store portfolio would not be comparative due to the nature of the classifications as a result of the merger .\nproperty revenues the following table shows our property revenues by segment for the years ended december 31 , 2014 and december 31 , 2013 ( dollars in thousands ) : year ended december 31 , 2014 year ended december 31 , 2013 increase percentage increase .\n\nTable Data:\n[['', 'year ended december 31 2014', 'year ended december 31 2013', 'increase', 'percentage increase'], ['large market same store', '$ 252029', '$ 241194', '$ 10835', '4.5% ( 4.5 % )'], ['secondary market same store', '246800', '242464', '4336', '1.8% ( 1.8 % )'], ['same store portfolio', '498829', '483658', '15171', '3.1% ( 3.1 % )'], ['non-same store and other', '493349', '151185', '342164', '226.3% ( 226.3 % )'], ['total', '$ 992178', '$ 634843', '$ 357335', '56.3% ( 56.3 % )']]\n\nFollowing Text:\njob title mid-america apartment 10-k revision 1 serial <12345678> date sunday , march 20 , 2016 job number 304352-1 type page no .\n51 operator abigaels .\n\nQuestion: what was the net income attributable to noncontrolling interests net income attributable to noncontrolling interests for the year ended december 31 , 2014 in million",
        "solution": "8.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2008/page_73.pdf\n\nID: STT/2008/page_73.pdf-2\n\nPrevious Text:\ncross-border outstandings cross-border outstandings , as defined by bank regulatory rules , are amounts payable to state street by residents of foreign countries , regardless of the currency in which the claim is denominated , and local country claims in excess of local country obligations .\nthese cross-border outstandings consist primarily of deposits with banks , loan and lease financing and investment securities .\nin addition to credit risk , cross-border outstandings have the risk that , as a result of political or economic conditions in a country , borrowers may be unable to meet their contractual repayment obligations of principal and/or interest when due because of the unavailability of , or restrictions on , foreign exchange needed by borrowers to repay their obligations .\ncross-border outstandings to countries in which we do business which amounted to at least 1% ( 1 % ) of our consolidated total assets were as follows as of december 31: .\n\nTable Data:\n[['( in millions )', '2008', '2007', '2006'], ['united kingdom', '$ 5836', '$ 5951', '$ 5531'], ['australia', '2044', '3567', '1519'], ['canada', '2014', '4565', '2014'], ['germany', '2014', '2944', '2696'], ['total cross-border outstandings', '$ 7880', '$ 17027', '$ 9746']]\n\nFollowing Text:\nthe total cross-border outstandings presented in the table represented 5% ( 5 % ) , 12% ( 12 % ) and 9% ( 9 % ) of our consolidated total assets as of december 31 , 2008 , 2007 and 2006 , respectively .\naggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2008 amounted to $ 3.45 billion ( canada and germany ) .\nthere were no cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets as of december 31 , 2007 .\naggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2006 amounted to $ 1.05 billion ( canada ) .\ncapital regulatory and economic capital management both use key metrics evaluated by management to assess whether our actual level of capital is commensurate with our risk profile , is in compliance with all regulatory requirements , and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives .\nregulatory capital our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs , including funding corporate growth and supporting customers 2019 cash management needs , and to provide protection against loss to depositors and creditors .\nwe strive to maintain an optimal level of capital , commensurate with our risk profile , on which an attractive return to shareholders will be realized over both the short and long term , while protecting our obligations to depositors and creditors and satisfying regulatory requirements .\nour capital management process focuses on our risk exposures , our capital position relative to our peers , regulatory capital requirements and the evaluations of the major independent credit rating agencies that assign ratings to our public debt .\nour capital committee , working in conjunction with our asset and liability committee , referred to as alco , oversees the management of regulatory capital , and is responsible for ensuring capital adequacy with respect to regulatory requirements , internal targets and the expectations of the major independent credit rating agencies .\nthe primary regulator of both state street and state street bank for regulatory capital purposes is the federal reserve .\nboth state street and state street bank are subject to the minimum capital requirements established by the federal reserve and defined in the federal deposit insurance corporation improvement act .\n\nQuestion: what are the consolidated total assets as of december 31 , 2007?",
        "solution": "141891.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAA/2018/page_19.pdf\n\nID: MAA/2018/page_19.pdf-1\n\nPrevious Text:\n2022 level and volatility of interest or capitalization rates or capital market conditions ; 2022 loss of hedge accounting treatment for interest rate swaps ; 2022 the continuation of the good credit of our interest rate swap providers ; 2022 price volatility , dislocations and liquidity disruptions in the financial markets and the resulting impact on financing ; 2022 the effect of any rating agency actions on the cost and availability of new debt financing ; 2022 significant decline in market value of real estate serving as collateral for mortgage obligations ; 2022 significant change in the mortgage financing market that would cause single-family housing , either as an owned or rental product , to become a more significant competitive product ; 2022 our ability to continue to satisfy complex rules in order to maintain our status as a reit for federal income tax purposes , the ability of the operating partnership to satisfy the rules to maintain its status as a partnership for federal income tax purposes , the ability of our taxable reit subsidiaries to maintain their status as such for federal income tax purposes , and our ability and the ability of our subsidiaries to operate effectively within the limitations imposed by these rules ; 2022 inability to attract and retain qualified personnel ; 2022 cyber liability or potential liability for breaches of our privacy or information security systems ; 2022 potential liability for environmental contamination ; 2022 adverse legislative or regulatory tax changes ; 2022 legal proceedings relating to various issues , which , among other things , could result in a class action lawsuit ; 2022 compliance costs associated with laws requiring access for disabled persons ; and 2022 other risks identified in this annual report on form 10-k including under the caption \"item 1a .\nrisk factors\" and , from time to time , in other reports we file with the securities and exchange commission , or the sec , or in other documents that we publicly disseminate .\nnew factors may also emerge from time to time that could have a material adverse effect on our business .\nexcept as required by law , we undertake no obligation to publicly update or revise forward-looking statements contained in this annual report on form 10-k to reflect events , circumstances or changes in expectations after the date on which this annual report on form 10-k is filed .\nitem 1 .\nbusiness .\noverview maa is a multifamily focused , self-administered and self-managed real estate investment trust , or reit .\nwe own , operate , acquire and selectively develop apartment communities located in the southeast , southwest and mid-atlantic regions of the united states .\nas of december 31 , 2018 , we maintained full or partial ownership of apartment communities and commercial properties across 17 states and the district of columbia , summarized as follows: .\n\nTable Data:\n[['multifamily', 'communities', 'units'], ['consolidated', '303', '100595'], ['unconsolidated', '1', '269'], ['total', '304', '100864'], ['commercial', 'properties', 'sq . ft. ( 1 )'], ['consolidated', '4', '260000']]\n\nFollowing Text:\n( 1 ) excludes commercial space located at our multifamily apartment communities , which totals approximately 615000 square feet of gross leasable space .\nour business is conducted principally through the operating partnership .\nmaa is the sole general partner of the operating partnership , holding 113844267 op units , comprising a 96.5% ( 96.5 % ) partnership interest in the operating partnership as of december 31 , 2018 .\nmaa and maalp were formed in tennessee in 1993 .\nas of december 31 , 2018 , we had 2508 full- time employees and 44 part-time employees. .\n\nQuestion: what is the percentage of unconsolidated units among the total units?",
        "solution": "0.27%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2013/page_167.pdf\n\nID: GS/2013/page_167.pdf-4\n\nPrevious Text:\nnotes to consolidated financial statements note 10 .\nsecuritization activities the firm securitizes residential and commercial mortgages , corporate bonds , loans and other types of financial assets by selling these assets to securitization vehicles ( e.g. , trusts , corporate entities and limited liability companies ) or through a resecuritization .\nthe firm acts as underwriter of the beneficial interests that are sold to investors .\nthe firm 2019s residential mortgage securitizations are substantially all in connection with government agency securitizations .\nbeneficial interests issued by securitization entities are debt or equity securities that give the investors rights to receive all or portions of specified cash inflows to a securitization vehicle and include senior and subordinated interests in principal , interest and/or other cash inflows .\nthe proceeds from the sale of beneficial interests are used to pay the transferor for the financial assets sold to the securitization vehicle or to purchase securities which serve as collateral .\nthe firm accounts for a securitization as a sale when it has relinquished control over the transferred assets .\nprior to securitization , the firm accounts for assets pending transfer at fair value and therefore does not typically recognize significant gains or losses upon the transfer of assets .\nnet revenues from underwriting activities are recognized in connection with the sales of the underlying beneficial interests to investors .\nfor transfers of assets that are not accounted for as sales , the assets remain in 201cfinancial instruments owned , at fair value 201d and the transfer is accounted for as a collateralized financing , with the related interest expense recognized over the life of the transaction .\nsee notes 9 and 23 for further information about collateralized financings and interest expense , respectively .\nthe firm generally receives cash in exchange for the transferred assets but may also have continuing involvement with transferred assets , including ownership of beneficial interests in securitized financial assets , primarily in the form of senior or subordinated securities .\nthe firm may also purchase senior or subordinated securities issued by securitization vehicles ( which are typically vies ) in connection with secondary market-making activities .\nthe primary risks included in beneficial interests and other interests from the firm 2019s continuing involvement with securitization vehicles are the performance of the underlying collateral , the position of the firm 2019s investment in the capital structure of the securitization vehicle and the market yield for the security .\nthese interests are accounted for at fair value and are included in 201cfinancial instruments owned , at fair value 201d and are generally classified in level 2 of the fair value hierarchy .\nsee notes 5 through 8 for further information about fair value measurements .\nthe table below presents the amount of financial assets securitized and the cash flows received on retained interests in securitization entities in which the firm had continuing involvement. .\n\nTable Data:\n[['in millions', 'year ended december 2013', 'year ended december 2012', 'year ended december 2011'], ['residential mortgages', '$ 29772', '$ 33755', '$ 40131'], ['commercial mortgages', '6086', '300', '2014'], ['other financial assets', '2014', '2014', '269'], ['total', '$ 35858', '$ 34055', '$ 40400'], ['cash flows on retained interests', '$ 249', '$ 389', '$ 569']]\n\nFollowing Text:\ngoldman sachs 2013 annual report 165 .\n\nQuestion: what percent of financial assets securitized in 2012 were residential mortgages?",
        "solution": "99%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2017/page_76.pdf\n\nID: PNC/2017/page_76.pdf-1\n\nPrevious Text:\n60 the pnc financial services group , inc .\n2013 form 10-k liquidity and capital management liquidity risk has two fundamental components .\nthe first is potential loss assuming we were unable to meet our funding requirements at a reasonable cost .\nthe second is the potential inability to operate our businesses because adequate contingent liquidity is not available .\nwe manage liquidity risk at the consolidated company level ( bank , parent company , and nonbank subsidiaries combined ) to help ensure that we can obtain cost-effective funding to meet current and future obligations under both normal 201cbusiness as usual 201d and stressful circumstances , and to help ensure that we maintain an appropriate level of contingent liquidity .\nmanagement monitors liquidity through a series of early warning indicators that may indicate a potential market , or pnc-specific , liquidity stress event .\nin addition , management performs a set of liquidity stress tests over multiple time horizons with varying levels of severity and maintains a contingency funding plan to address a potential liquidity stress event .\nin the most severe liquidity stress simulation , we assume that our liquidity position is under pressure , while the market in general is under systemic pressure .\nthe simulation considers , among other things , the impact of restricted access to both secured and unsecured external sources of funding , accelerated run-off of customer deposits , valuation pressure on assets and heavy demand to fund committed obligations .\nparent company liquidity guidelines are designed to help ensure that sufficient liquidity is available to meet our parent company obligations over the succeeding 24-month period .\nliquidity-related risk limits are established within our enterprise liquidity management policy and supporting policies .\nmanagement committees , including the asset and liability committee , and the board of directors and its risk committee regularly review compliance with key established limits .\nin addition to these liquidity monitoring measures and tools described above , we also monitor our liquidity by reference to the liquidity coverage ratio ( lcr ) which is further described in the supervision and regulation section in item 1 of this report .\npnc and pnc bank calculate the lcr on a daily basis and as of december 31 , 2017 , the lcr for pnc and pnc bank exceeded the fully phased-in requirement of we provide additional information regarding regulatory liquidity requirements and their potential impact on us in the supervision and regulation section of item 1 business and item 1a risk factors of this report .\nsources of liquidity our largest source of liquidity on a consolidated basis is the customer deposit base generated by our banking businesses .\nthese deposits provide relatively stable and low-cost funding .\ntotal deposits increased to $ 265.1 billion at december 31 , 2017 from $ 257.2 billion at december 31 , 2016 , driven by higher consumer and commercial deposits .\nconsumer deposits reflected in part a shift from money market deposits to relationship-based savings products .\ncommercial deposits reflected a shift from demand deposits to money market deposits primarily due to higher interest rates in 2017 .\nadditionally , certain assets determined by us to be liquid and unused borrowing capacity from a number of sources are also available to manage our liquidity position .\nat december 31 , 2017 , our liquid assets consisted of short- term investments ( federal funds sold , resale agreements , trading securities and interest-earning deposits with banks ) totaling $ 33.0 billion and securities available for sale totaling $ 57.6 billion .\nthe level of liquid assets fluctuates over time based on many factors , including market conditions , loan and deposit growth and balance sheet management activities .\nof our total liquid assets of $ 90.6 billion , we had $ 3.2 billion of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and for other purposes .\nin addition , $ 4.9 billion of securities held to maturity were also pledged as collateral for these purposes .\nwe also obtain liquidity through various forms of funding , including long-term debt ( senior notes , subordinated debt and fhlb advances ) and short-term borrowings ( securities sold under repurchase agreements , commercial paper and other short-term borrowings ) .\nsee note 10 borrowed funds and the funding sources section of the consolidated balance sheet review in this report for additional information related to our borrowings .\ntotal senior and subordinated debt , on a consolidated basis , increased due to the following activity : table 25 : senior and subordinated debt .\n\nTable Data:\n[['in billions', '2017'], ['january 1', '$ 31.0'], ['issuances', '7.1'], ['calls and maturities', '-4.6 ( 4.6 )'], ['other', '-.2 ( .2 )'], ['december 31', '$ 33.3']]\n\nFollowing Text:\n.\n\nQuestion: 2017 ending total liquid assets were what percent of total senior and subordinated debt?",
        "solution": "272%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2018/page_141.pdf\n\nID: AWK/2018/page_141.pdf-1\n\nPrevious Text:\nnote 6 : allowance for uncollectible accounts the following table provides the changes in the allowances for uncollectible accounts for the years ended december 31: .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['balance as of january 1', '$ -42 ( 42 )', '$ -40 ( 40 )', '$ -39 ( 39 )'], ['amounts charged to expense', '-33 ( 33 )', '-29 ( 29 )', '-27 ( 27 )'], ['amounts written off', '34', '30', '29'], ['recoveries of amounts written off', '-4 ( 4 )', '-3 ( 3 )', '-3 ( 3 )'], ['balance as of december 31', '$ -45 ( 45 )', '$ -42 ( 42 )', '$ -40 ( 40 )']]\n\nFollowing Text:\nnote 7 : regulatory assets and liabilities regulatory assets regulatory assets represent costs that are probable of recovery from customers in future rates .\nthe majority of the regulatory assets earn a return .\nthe following table provides the composition of regulatory assets as of december 31 : 2018 2017 deferred pension expense .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 362 $ 285 removal costs recoverable through rates .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n292 269 regulatory balancing accounts .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n110 113 san clemente dam project costs .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n85 89 debt expense .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n70 67 purchase premium recoverable through rates .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n56 57 deferred tank painting costs .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n42 42 make-whole premium on early extinguishment of debt .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n33 27 other .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n106 112 total regulatory assets .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 1156 $ 1061 the company 2019s deferred pension expense includes a portion of the underfunded status that is probable of recovery through rates in future periods of $ 352 million and $ 270 million as of december 31 , 2018 and 2017 , respectively .\nthe remaining portion is the pension expense in excess of the amount contributed to the pension plans which is deferred by certain subsidiaries and will be recovered in future service rates as contributions are made to the pension plan .\nremoval costs recoverable through rates represent costs incurred for removal of property , plant and equipment or other retirement costs .\nregulatory balancing accounts accumulate differences between revenues recognized and authorized revenue requirements until they are collected from customers or are refunded .\nregulatory balancing accounts include low income programs and purchased power and water accounts .\nsan clemente dam project costs represent costs incurred and deferred by the company 2019s utility subsidiary in california pursuant to its efforts to investigate alternatives and remove the dam due to potential earthquake and flood safety concerns .\nin june 2012 , the california public utilities commission ( 201ccpuc 201d ) issued a decision authorizing implementation of a project to reroute the carmel river and remove the san clemente dam .\nthe project includes the company 2019s utility subsidiary in california , the california state conservancy and the national marine fisheries services .\nunder the order 2019s terms , the cpuc has authorized recovery for .\n\nQuestion: what was total amounts written off for the three years?",
        "solution": "93"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISH/2014/page_64.pdf\n\nID: DISH/2014/page_64.pdf-4\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market price of and dividends on the registrant 2019s common equity and related stockholder matters market information .\nour class a common stock is quoted on the nasdaq global select market under the symbol 201cdish . 201d the high and low closing sale prices of our class a common stock during 2014 and 2013 on the nasdaq global select market ( as reported by nasdaq ) are set forth below. .\n\nTable Data:\n[['2014', 'high', 'low'], ['first quarter', '$ 62.42', '$ 54.10'], ['second quarter', '65.64', '56.23'], ['third quarter', '66.71', '61.87'], ['fourth quarter', '79.41', '57.96'], ['2013', 'high', 'low'], ['first quarter', '$ 38.02', '$ 34.19'], ['second quarter', '42.52', '36.24'], ['third quarter', '48.09', '41.66'], ['fourth quarter', '57.92', '45.68']]\n\nFollowing Text:\nas of february 13 , 2015 , there were approximately 8208 holders of record of our class a common stock , not including stockholders who beneficially own class a common stock held in nominee or street name .\nas of february 10 , 2015 , 213247004 of the 238435208 outstanding shares of our class b common stock were beneficially held by charles w .\nergen , our chairman , and the remaining 25188204 were held in trusts established by mr .\nergen for the benefit of his family .\nthere is currently no trading market for our class b common stock .\ndividends .\non december 28 , 2012 , we paid a cash dividend of $ 1.00 per share , or approximately $ 453 million , on our outstanding class a and class b common stock to stockholders of record at the close of business on december 14 , 2012 .\nwhile we currently do not intend to declare additional dividends on our common stock , we may elect to do so from time to time .\npayment of any future dividends will depend upon our earnings and capital requirements , restrictions in our debt facilities , and other factors the board of directors considers appropriate .\nwe currently intend to retain our earnings , if any , to support future growth and expansion , although we may repurchase shares of our common stock from time to time .\nsee further discussion under 201citem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 liquidity and capital resources 201d in this annual report on form 10-k .\nsecurities authorized for issuance under equity compensation plans .\nsee 201citem 12 .\nsecurity ownership of certain beneficial owners and management and related stockholder matters 201d in this annual report on form 10-k. .\n\nQuestion: what is the grow rate in the price of class a common stock in the fourth quarter of 2014 compare to the same quarter of 2013 , if we take into accounting the highest prices in both periods?",
        "solution": "37.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2018/page_127.pdf\n\nID: BKR/2018/page_127.pdf-1\n\nPrevious Text:\nbhge 2018 form 10-k | 107 part iii item 10 .\ndirectors , executive officers and corporate governance information regarding our code of conduct , the spirit and the letter , and code of ethical conduct certificates for our principal executive officer , principal financial officer and principal accounting officer are described in item 1 .\nbusiness of this annual report .\ninformation concerning our directors is set forth in the sections entitled \"proposal no .\n1 , election of directors - board nominees for directors\" and \"corporate governance - committees of the board\" in our definitive proxy statement for the 2019 annual meeting of stockholders to be filed with the sec pursuant to the exchange act within 120 days of the end of our fiscal year on december 31 , 2018 ( proxy statement ) , which sections are incorporated herein by reference .\nfor information regarding our executive officers , see \"item 1 .\nbusiness - executive officers of baker hughes\" in this annual report on form 10-k .\nadditional information regarding compliance by directors and executive officers with section 16 ( a ) of the exchange act is set forth under the section entitled \"section 16 ( a ) beneficial ownership reporting compliance\" in our proxy statement , which section is incorporated herein by reference .\nitem 11 .\nexecutive compensation information for this item is set forth in the following sections of our proxy statement , which sections are incorporated herein by reference : \"compensation discussion and analysis\" \"director compensation\" \"compensation committee interlocks and insider participation\" and \"compensation committee report.\" item 12 .\nsecurity ownership of certain beneficial owners and management and related stockholder matters information concerning security ownership of certain beneficial owners and our management is set forth in the sections entitled \"stock ownership of certain beneficial owners\" and 201cstock ownership of section 16 ( a ) director and executive officers 201d in our proxy statement , which sections are incorporated herein by reference .\nwe permit our employees , officers and directors to enter into written trading plans complying with rule 10b5-1 under the exchange act .\nrule 10b5-1 provides criteria under which such an individual may establish a prearranged plan to buy or sell a specified number of shares of a company's stock over a set period of time .\nany such plan must be entered into in good faith at a time when the individual is not in possession of material , nonpublic information .\nif an individual establishes a plan satisfying the requirements of rule 10b5-1 , such individual's subsequent receipt of material , nonpublic information will not prevent transactions under the plan from being executed .\ncertain of our officers have advised us that they have and may enter into stock sales plans for the sale of shares of our class a common stock which are intended to comply with the requirements of rule 10b5-1 of the exchange act .\nin addition , the company has and may in the future enter into repurchases of our class a common stock under a plan that complies with rule 10b5-1 or rule 10b-18 of the exchange act .\nequity compensation plan information the information in the following table is presented as of december 31 , 2018 with respect to shares of our class a common stock that may be issued under our lti plan which has been approved by our stockholders ( in millions , except per share prices ) .\nequity compensation plan category number of securities to be issued upon exercise of outstanding options , warrants and rights weighted average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in the first column ) .\n\nTable Data:\n[['equity compensation plancategory', 'number ofsecurities to beissued uponexercise ofoutstandingoptions warrantsand rights', 'weighted averageexercise price ofoutstandingoptions warrantsand rights', 'number of securitiesremaining availablefor future issuanceunder equitycompensation plans ( excluding securitiesreflected in the firstcolumn )'], ['stockholder-approved plans', '2.7', '$ 36.11', '46.2'], ['nonstockholder-approved plans', '2014', '2014', '2014'], ['subtotal ( except for weighted average exercise price )', '2.7', '36.11', '46.2'], ['employee stock purchase plan', '2014', '2014', '15.0'], ['total', '2.7', '$ 36.11', '61.2']]\n\nFollowing Text:\n.\n\nQuestion: what is the employee stock purchase plan as a percentage of the total number of securities available for future issuance under equity compensation plans?",
        "solution": "24.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2007/page_38.pdf\n\nID: IP/2007/page_38.pdf-2\n\nPrevious Text:\nexchanged installment notes totaling approximately $ 4.8 billion and approximately $ 400 million of inter- national paper promissory notes for interests in enti- ties formed to monetize the notes .\ninternational paper determined that it was not the primary benefi- ciary of these entities , and therefore should not consolidate its investments in these entities .\nduring 2006 , these entities acquired an additional $ 4.8 bil- lion of international paper debt securities for cash , resulting in a total of approximately $ 5.2 billion of international paper debt obligations held by these entities at december 31 , 2006 .\nsince international paper has , and intends to affect , a legal right to offset its obligations under these debt instruments with its investments in the entities , international paper has offset $ 5.0 billion of interest in the entities against $ 5.0 billion of international paper debt obligations held by the entities as of december 31 , 2007 .\ninternational paper also holds variable interests in two financing entities that were used to monetize long-term notes received from sales of forestlands in 2002 and 2001 .\nsee note 8 of the notes to consolidated financial statements in item 8 .\nfinancial statements and supplementary data for a further discussion of these transactions .\ncapital resources outlook for 2008 international paper expects to be able to meet pro- jected capital expenditures , service existing debt and meet working capital and dividend requirements during 2008 through current cash balances and cash from operations , supplemented as required by its various existing credit facilities .\ninternational paper has approximately $ 2.5 billion of committed bank credit agreements , which management believes is adequate to cover expected operating cash flow variability during our industry 2019s economic cycles .\nthe agreements generally provide for interest rates at a floating rate index plus a pre-determined margin dependent upon international paper 2019s credit rating .\nthe agreements include a $ 1.5 billion fully commit- ted revolving bank credit agreement that expires in march 2011 and has a facility fee of 0.10% ( 0.10 % ) payable quarterly .\nthese agreements also include up to $ 1.0 billion of available commercial paper-based financ- ings under a receivables securitization program that expires in october 2009 with a facility fee of 0.10% ( 0.10 % ) .\nat december 31 , 2007 , there were no borrowings under either the bank credit agreements or receiv- ables securitization program .\nthe company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows .\nfunding decisions will be guided by our capi- tal structure planning objectives .\nthe primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense .\nthe majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors .\nthe company was in compliance with all its debt covenants at december 31 , 2007 .\nprincipal financial covenants include maintenance of a minimum net worth , defined as the sum of common stock , paid-in capital and retained earnings , less treasury stock , plus any goodwill impairment charges , of $ 9 billion ; and a maximum total debt to capital ratio , defined as total debt divided by total debt plus net worth , of 60% ( 60 % ) .\nmaintaining an investment grade credit rating is an important element of international paper 2019s financing strategy .\nat december 31 , 2007 , the company held long-term credit ratings of bbb ( stable outlook ) and baa3 ( stable outlook ) by standard & poor 2019s ( s&p ) and moody 2019s investor services ( moody 2019s ) , respectively .\nthe company currently has short-term credit ratings by s&p and moody 2019s of a-2 and p-3 , respectively .\ncontractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2007 , were as follows : in millions 2008 2009 2010 2011 2012 thereafter maturities of long-term debt ( a ) $ 267 $ 1300 $ 1069 $ 396 $ 532 $ 3056 debt obligations with right of offset ( b ) 2013 2013 2013 2013 2013 5000 .\n\nTable Data:\n[['in millions', '2008', '2009', '2010', '2011', '2012', 'thereafter'], ['maturities of long-term debt ( a )', '$ 267', '$ 1300', '$ 1069', '$ 396', '$ 532', '$ 3056'], ['debt obligations with right of offset ( b )', '2013', '2013', '2013', '2013', '2013', '5000'], ['lease obligations', '136', '116', '101', '84', '67', '92'], ['purchase obligations ( c )', '1953', '294', '261', '235', '212', '1480'], ['total ( d )', '$ 2356', '$ 1710', '$ 1431', '$ 715', '$ 811', '$ 9628']]\n\nFollowing Text:\n( a ) total debt includes scheduled principal payments only .\n( b ) represents debt obligations borrowed from non-consolidated variable interest entities for which international paper has , and intends to affect , a legal right to offset these obligations with investments held in the entities .\naccordingly , in its con- solidated balance sheet at december 31 , 2007 , international paper has offset approximately $ 5.0 billion of interests in the entities against this $ 5.0 billion of debt obligations held by the entities ( see note 8 in the accompanying consolidated financial statements ) .\n( c ) includes $ 2.1 billion relating to fiber supply agreements entered into at the time of the transformation plan forestland sales .\n( d ) not included in the above table are unrecognized tax benefits of approximately $ 280 million. .\n\nQuestion: what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2007 for the year of 2009 are due to maturities of long-term debt?",
        "solution": "76%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2004/page_44.pdf\n\nID: AAPL/2004/page_44.pdf-2\n\nPrevious Text:\nliquidity and capital resources the following table presents selected financial information and statistics for each of the last three fiscal years ( dollars in millions ) : .\n\nTable Data:\n[['', '2004', '2003', '2002'], ['cash cash equivalents and short-term investments', '$ 5464', '$ 4566', '$ 4337'], ['accounts receivable net', '$ 774', '$ 766', '$ 565'], ['inventory', '$ 101', '$ 56', '$ 45'], ['working capital', '$ 4375', '$ 3530', '$ 3730'], ['days sales in accounts receivable ( dso ) ( a )', '30', '41', '36'], ['days of supply in inventory ( b )', '5', '4', '4'], ['days payables outstanding ( dpo ) ( c )', '76', '82', '77'], ['annual operating cash flow', '$ 934', '$ 289', '$ 89']]\n\nFollowing Text:\n( a ) dso is based on ending net trade receivables and most recent quarterly net sales for each period .\n( b ) days supply of inventory is based on ending inventory and most recent quarterly cost of sales for each period .\n( c ) dpo is based on ending accounts payable and most recent quarterly cost of sales adjusted for the change in inventory .\nas of september 25 , 2004 , the company had $ 5.464 billion in cash , cash equivalents , and short-term investments , an increase of $ 898 million over the same balances at the end of fiscal 2003 .\nthe principal components of this increase were cash generated by operating activities of $ 934 million and proceeds of $ 427 million from the issuance of common stock under stock plans , partially offset by cash used to repay the company 2019s outstanding debt of $ 300 million and purchases of property , plant , and equipment of $ 176 million .\nthe company 2019s short-term investment portfolio is primarily invested in high credit quality , liquid investments .\napproximately $ 3.2 billion of this cash , cash equivalents , and short-term investments are held by the company 2019s foreign subsidiaries and would be subject to u.s .\nincome taxation on repatriation to the u.s .\nthe company is currently assessing the impact of the one-time favorable foreign dividend provisions recently enacted as part of the american jobs creation act of 2004 , and may decide to repatriate earnings from some of its foreign subsidiaries .\nthe company believes its existing balances of cash , cash equivalents , and short-term investments will be sufficient to satisfy its working capital needs , capital expenditures , stock repurchase activity , outstanding commitments , and other liquidity requirements associated with its existing operations over the next 12 months .\nin february 2004 , the company retired $ 300 million of debt outstanding in the form of 6.5% ( 6.5 % ) unsecured notes .\nthe notes were originally issued in 1994 and were sold at 99.9925% ( 99.9925 % ) of par for an effective yield to maturity of 6.51% ( 6.51 % ) .\nthe company currently has no long-term debt obligations .\ncapital expenditures the company 2019s total capital expenditures were $ 176 million during fiscal 2004 , $ 104 million of which were for retail store facilities and equipment related to the company 2019s retail segment and $ 72 million of which were primarily for corporate infrastructure , including information systems enhancements and operating facilities enhancements and expansions .\nthe company currently anticipates it will utilize approximately $ 240 million for capital expenditures during 2005 , approximately $ 125 million of which is expected to be utilized for further expansion of the company 2019s retail segment and the remainder utilized to support normal replacement of existing capital assets and enhancements to general information technology infrastructure. .\n\nQuestion: what was the lowest amount of accounts receivable net , in millions?",
        "solution": "565"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2009/page_248.pdf\n\nID: C/2009/page_248.pdf-3\n\nPrevious Text:\ncertain mortgage loans citigroup has elected the fair value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans held-for-sale .\nthese loans are intended for sale or securitization and are hedged with derivative instruments .\nthe company has elected the fair value option to mitigate accounting mismatches in cases where hedge .\n\nTable Data:\n[['in millions of dollars', 'december 31 2009', 'december 31 2008'], ['carrying amount reported on the consolidated balance sheet', '$ 3338', '$ 4273'], ['aggregate fair value in excess of unpaid principalbalance', '55', '138'], ['balance of non-accrual loans or loans more than 90 days past due', '4', '9'], ['aggregate unpaid principal balance in excess of fair value for non-accrualloans or loans more than 90 days past due', '3', '2']]\n\nFollowing Text:\nthe changes in fair values of these mortgage loans are reported in other revenue in the company 2019s consolidated statement of income .\nthe changes in fair value during the years ended december 31 , 2009 and 2008 due to instrument-specific credit risk resulted in a $ 10 million loss and $ 32 million loss , respectively .\nrelated interest income continues to be measured based on the contractual interest rates and reported as such in the consolidated statement of income .\nmortgage servicing rights the company accounts for mortgage servicing rights ( msrs ) at fair value .\nfair value for msrs is determined using an option-adjusted spread valuation approach .\nthis approach consists of projecting servicing cash flows under multiple interest-rate scenarios and discounting these cash flows using risk-adjusted rates .\nthe model assumptions used in the valuation of msrs include mortgage prepayment speeds and discount rates .\nthe fair value of msrs is primarily affected by changes in prepayments that result from shifts in mortgage interest rates .\nin managing this risk , the company hedges a significant portion of the values of its msrs through the use of interest-rate derivative contracts , forward-purchase commitments of mortgage-backed securities , and purchased securities classified as trading .\nsee note 23 to the consolidated financial statements for further discussions regarding the accounting and reporting of msrs .\nthese msrs , which totaled $ 6.5 billion and $ 5.7 billion as of december 31 , 2009 and 2008 , respectively , are classified as mortgage servicing rights on citigroup 2019s consolidated balance sheet .\nchanges in fair value of msrs are recorded in commissions and fees in the company 2019s consolidated statement of income .\ncertain structured liabilities the company has elected the fair value option for certain structured liabilities whose performance is linked to structured interest rates , inflation or currency risks ( 201cstructured liabilities 201d ) .\nthe company elected the fair value option , because these exposures are considered to be trading-related positions and , therefore , are managed on a fair value basis .\nthese positions will continue to be classified as debt , deposits or derivatives ( trading account liabilities ) on the company 2019s consolidated balance sheet according to their legal form .\nfor those structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 125 million and $ 671 million as of december 31 , 2009 and 2008 , respectively .\nthe change in fair value for these structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income .\nrelated interest expense is measured based on the contractual interest rates and reported as such in the consolidated income statement .\ncertain non-structured liabilities the company has elected the fair value option for certain non-structured liabilities with fixed and floating interest rates ( 201cnon-structured liabilities 201d ) .\nthe company has elected the fair value option where the interest-rate risk of such liabilities is economically hedged with derivative contracts or the proceeds are used to purchase financial assets that will also be accounted for at fair value through earnings .\nthe election has been made to mitigate accounting mismatches and to achieve operational simplifications .\nthese positions are reported in short-term borrowings and long-term debt on the company 2019s consolidated balance sheet .\nfor those non-structured liabilities classified as short-term borrowings for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value of such instruments by $ 220 million as of december 31 , 2008 .\nfor non-structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 1542 million and $ 856 million as of december 31 , 2009 and 2008 , respectively .\nthe change in fair value for these non-structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income .\nrelated interest expense continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement .\naccounting is complex and to achieve operational simplifications .\nthe fair value option was not elected for loans held-for-investment , as those loans are not hedged with derivative instruments .\nthe following table provides information about certain mortgage loans carried at fair value: .\n\nQuestion: what was the change in carrying amount reported on the consolidated balance sheet in millions from 2008 to 2009?",
        "solution": "-935"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2018/page_179.pdf\n\nID: C/2018/page_179.pdf-4\n\nPrevious Text:\nincentive 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 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\n( 1 ) represents expense for immediately vested stock awards that generally were stock payments in lieu of cash compensation .\nthe expense is generally accrued as cash incentive compensation in the year prior to grant .\n( 2 ) all periods include amortization expense for all unvested awards to non-retirement-eligible employees. .\n\nQuestion: what percentage of total compensation expense in 2017 is composed of other variable incentive compensation?",
        "solution": "31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLL/2007/page_46.pdf\n\nID: BLL/2007/page_46.pdf-2\n\nPrevious Text:\npage 30 of 94 are included in capital spending amounts .\nanother example is the company 2019s decision in 2007 to contribute an additional $ 44.5 million ( $ 27.3 million ) to its pension plans as part of its overall debt reduction plan .\nbased on this , our consolidated free cash flow is summarized as follows: .\n\nTable Data:\n[['( $ in millions )', '2007', '2006', '2005'], ['cash flows from operating activities', '$ 673.0', '$ 401.4', '$ 558.8'], ['incremental pension funding net of tax', '27.3', '2013', '2013'], ['capital spending', '-308.5 ( 308.5 )', '-279.6 ( 279.6 )', '-291.7 ( 291.7 )'], ['proceeds for replacement of fire-damaged assets', '48.6', '61.3', '2013'], ['free cash flow', '$ 440.4', '$ 183.1', '$ 267.1']]\n\nFollowing Text:\nbased on information currently available , we estimate cash flows from operating activities for 2008 to be approximately $ 650 million , capital spending to be approximately $ 350 million and free cash flow to be in the $ 300 million range .\ncapital spending of $ 259.9 million ( net of $ 48.6 million in insurance recoveries ) in 2007 was below depreciation and amortization expense of $ 281 million .\nwe continue to invest capital in our best performing operations , including projects to increase custom can capabilities , improve beverage can and end making productivity and add more beverage can capacity in europe , as well as expenditures in the aerospace and technologies segment .\nof the $ 350 million of planned capital spending for 2008 , approximately $ 180 million will be spent on top-line sales growth projects .\ndebt facilities and refinancing interest-bearing debt at december 31 , 2007 , decreased $ 93.1 million to $ 2358.6 million from $ 2451.7 million at december 31 , 2006 .\nthe 2007 debt decrease from 2006 was primarily attributed to debt payments offset by higher foreign exchange rates .\nat december 31 , 2007 , $ 705 million was available under the company 2019s multi-currency revolving credit facilities .\nthe company also had $ 345 million of short-term uncommitted credit facilities available at the end of the year , of which $ 49.7 million was outstanding .\non october 13 , 2005 , ball refinanced its senior secured credit facilities and during the third and fourth quarters of 2005 , ball redeemed its 7.75% ( 7.75 % ) senior notes due august 2006 primarily through the drawdown of funds under the new credit facilities .\nthe refinancing and redemption resulted in a pretax debt refinancing charge of $ 19.3 million ( $ 12.3 million after tax ) to reflect the call premium associated with the senior notes and the write off of unamortized debt issuance costs .\nthe company has a receivables sales agreement that provides for the ongoing , revolving sale of a designated pool of trade accounts receivable of ball 2019s north american packaging operations , up to $ 250 million .\nthe agreement qualifies as off-balance sheet financing under the provisions of statement of financial accounting standards ( sfas ) no .\n140 , as amended by sfas no .\n156 .\nnet funds received from the sale of the accounts receivable totaled $ 170 million and $ 201.3 million at december 31 , 2007 and 2006 , respectively , and are reflected as a reduction of accounts receivable in the consolidated balance sheets .\nthe company was not in default of any loan agreement at december 31 , 2007 , and has met all payment obligations .\nthe u.s .\nnote agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness .\nadditional details about the company 2019s receivables sales agreement and debt are available in notes 7 and 13 , respectively , accompanying the consolidated financial statements within item 8 of this report. .\n\nQuestion: what is the percentage change in capital spending from 2006 to 2007?",
        "solution": "10.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2014/page_45.pdf\n\nID: LMT/2014/page_45.pdf-2\n\nPrevious Text:\n2014 , 2013 and 2012 .\nthe decrease in our consolidated net adjustments for 2014 compared to 2013 was primarily due to a decrease in profit booking rate adjustments at our aeronautics , mfc and mst business segments .\nthe increase in our consolidated net adjustments for 2013 as compared to 2012 was primarily due to an increase in profit booking rate adjustments at our mst and mfc business segments and , to a lesser extent , the increase in the favorable resolution of contractual matters for the corporation .\nthe consolidated net adjustments for 2014 are inclusive of approximately $ 650 million in unfavorable items , which include reserves recorded on certain training and logistics solutions programs at mst and net warranty reserve adjustments for various programs ( including jassm and gmlrs ) at mfc as described in the respective business segment 2019s results of operations below .\nthe consolidated net adjustments for 2013 and 2012 are inclusive of approximately $ 600 million and $ 500 million in unfavorable items , which include a significant profit reduction on the f-35 development contract in both years , as well as a significant profit reduction on the c-5 program in 2013 , each as described in our aeronautics business segment 2019s results of operations discussion below .\naeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles and related technologies .\naeronautics 2019 major programs include the f-35 lightning ii joint strike fighter , c-130 hercules , f-16 fighting falcon , f-22 raptor and the c-5m super galaxy .\naeronautics 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['net sales', '$ 14920', '$ 14123', '$ 14953'], ['operating profit', '1649', '1612', '1699'], ['operating margins', '11.1% ( 11.1 % )', '11.4% ( 11.4 % )', '11.4% ( 11.4 % )'], ['backlog at year-end', '$ 27600', '$ 28000', '$ 30100']]\n\nFollowing Text:\n2014 compared to 2013 aeronautics 2019 net sales for 2014 increased $ 797 million , or 6% ( 6 % ) , compared to 2013 .\nthe increase was primarily attributable to higher net sales of approximately $ 790 million for f-35 production contracts due to increased volume and sustainment activities ; about $ 55 million for the f-16 program due to increased deliveries ( 17 aircraft delivered in 2014 compared to 13 delivered in 2013 ) partially offset by contract mix ; and approximately $ 45 million for the f-22 program due to increased risk retirements .\nthe increases were partially offset by lower net sales of approximately $ 55 million for the f-35 development contract due to decreased volume , partially offset by the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; and about $ 40 million for the c-130 program due to fewer deliveries ( 24 aircraft delivered in 2014 compared to 25 delivered in 2013 ) and decreased sustainment activities , partially offset by contract mix .\naeronautics 2019 operating profit for 2014 increased $ 37 million , or 2% ( 2 % ) , compared to 2013 .\nthe increase was primarily attributable to higher operating profit of approximately $ 85 million for the f-35 development contract due to the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; about $ 75 million for the f-22 program due to increased risk retirements ; approximately $ 50 million for the c-130 program due to increased risk retirements and contract mix , partially offset by fewer deliveries ; and about $ 25 million for the c-5 program due to the absence in 2014 of the downward revisions to the profit booking rate that occurred in 2013 .\nthe increases were partially offset by lower operating profit of approximately $ 130 million for the f-16 program due to decreased risk retirements , partially offset by increased deliveries ; and about $ 70 million for sustainment activities due to decreased risk retirements and volume .\noperating profit was comparable for f-35 production contracts as higher volume was offset by lower risk retirements .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 105 million lower for 2014 compared to 2013 .\n2013 compared to 2012 aeronautics 2019 net sales for 2013 decreased $ 830 million , or 6% ( 6 % ) , compared to 2012 .\nthe decrease was primarily attributable to lower net sales of approximately $ 530 million for the f-16 program due to fewer aircraft deliveries ( 13 aircraft delivered in 2013 compared to 37 delivered in 2012 ) partially offset by aircraft configuration mix ; about $ 385 million for the c-130 program due to fewer aircraft deliveries ( 25 aircraft delivered in 2013 compared to 34 in 2012 ) partially offset by increased sustainment activities ; approximately $ 255 million for the f-22 program , which includes about $ 205 million due to .\n\nQuestion: what was the ratio of the increase in the net sales to the operating profit",
        "solution": "21.54"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2012/page_93.pdf\n\nID: SNA/2012/page_93.pdf-3\n\nPrevious Text:\na valuation allowance totaling $ 43.9 million , $ 40.4 million and $ 40.1 million as of 2012 , 2011 and 2010 year end , respectively , has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized .\nrealization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration .\nalthough realization is not assured , management believes it is more- likely-than-not that the net deferred income tax assets will be realized .\nthe amount of the net deferred income tax assets considered realizable , however , could change in the near term if estimates of future taxable income during the carryforward period fluctuate .\nthe following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for 2012 , 2011 and ( amounts in millions ) 2012 2011 2010 .\n\nTable Data:\n[['( amounts in millions )', '2012', '2011', '2010'], ['unrecognized tax benefits at beginning of year', '$ 11.0', '$ 11.1', '$ 17.5'], ['gross increases 2013 tax positions in prior periods', '0.7', '0.5', '0.6'], ['gross decreases 2013 tax positions in prior periods', '-4.9 ( 4.9 )', '-0.4 ( 0.4 )', '-0.4 ( 0.4 )'], ['gross increases 2013 tax positions in the current period', '1.2', '2.8', '3.1'], ['settlements with taxing authorities', '2013', '-1.2 ( 1.2 )', '-9.5 ( 9.5 )'], ['increase related to acquired business', '2013', '2013', '0.4'], ['lapsing of statutes of limitations', '-1.2 ( 1.2 )', '-1.8 ( 1.8 )', '-0.6 ( 0.6 )'], ['unrecognized tax benefits at end of year', '$ 6.8', '$ 11.0', '$ 11.1']]\n\nFollowing Text:\nof the $ 6.8 million , $ 11.0 million and $ 11.1 million of unrecognized tax benefits as of 2012 , 2011 and 2010 year end , respectively , approximately $ 4.1 million , $ 9.1 million and $ 11.1 million , respectively , would impact the effective income tax rate if recognized .\ninterest and penalties related to unrecognized tax benefits are recorded in income tax expense .\nduring 2012 and 2011 , the company reversed a net $ 0.5 million and $ 1.4 million , respectively , of interest and penalties to income associated with unrecognized tax benefits .\nas of 2012 , 2011 and 2010 year end , the company has provided for $ 1.6 million , $ 1.6 million and $ 2.8 million , respectively , of accrued interest and penalties related to unrecognized tax benefits .\nthe unrecognized tax benefits and related accrued interest and penalties are included in 201cother long-term liabilities 201d on the accompanying consolidated balance sheets .\nsnap-on and its subsidiaries file income tax returns in the united states and in various state , local and foreign jurisdictions .\nit is reasonably possible that certain unrecognized tax benefits may either be settled with taxing authorities or the statutes of limitations for such items may lapse within the next 12 months , causing snap-on 2019s gross unrecognized tax benefits to decrease by a range of zero to $ 2.4 million .\nover the next 12 months , snap-on anticipates taking uncertain tax positions on various tax returns for which the related tax benefit does not meet the recognition threshold .\naccordingly , snap-on 2019s gross unrecognized tax benefits may increase by a range of zero to $ 1.6 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings .\nwith few exceptions , snap-on is no longer subject to u.s .\nfederal and state/local income tax examinations by tax authorities for years prior to 2008 , and snap-on is no longer subject to non-u.s .\nincome tax examinations by tax authorities for years prior to 2006 .\nthe undistributed earnings of all non-u.s .\nsubsidiaries totaled $ 492.2 million , $ 416.4 million and $ 386.5 million as of 2012 , 2011 and 2010 year end , respectively .\nsnap-on has not provided any deferred taxes on these undistributed earnings as it considers the undistributed earnings to be permanently invested .\ndetermination of the amount of unrecognized deferred income tax liability related to these earnings is not practicable .\n2012 annual report 83 .\n\nQuestion: what is the net change in unrecognized tax benefits in 2012?",
        "solution": "-4.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_52.pdf\n\nID: LMT/2015/page_52.pdf-4\n\nPrevious Text:\naeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles and related technologies .\naeronautics 2019 major programs include the f-35 lightning ii joint strike fighter , c-130 hercules , f-16 fighting falcon , c-5m super galaxy and f-22 raptor .\naeronautics 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['net sales', '$ 15570', '$ 14920', '$ 14123'], ['operating profit', '1681', '1649', '1612'], ['operating margins', '10.8% ( 10.8 % )', '11.1% ( 11.1 % )', '11.4% ( 11.4 % )'], ['backlog at year-end', '$ 31800', '$ 27600', '$ 28000']]\n\nFollowing Text:\n2015 compared to 2014 aeronautics 2019 net sales in 2015 increased $ 650 million , or 4% ( 4 % ) , compared to 2014 .\nthe increase was attributable to higher net sales of approximately $ 1.4 billion for f-35 production contracts due to increased volume on aircraft production and sustainment activities ; and approximately $ 150 million for the c-5 program due to increased deliveries ( nine aircraft delivered in 2015 compared to seven delivered in 2014 ) .\nthe increases were partially offset by lower net sales of approximately $ 350 million for the c-130 program due to fewer aircraft deliveries ( 21 aircraft delivered in 2015 , compared to 24 delivered in 2014 ) , lower sustainment activities and aircraft contract mix ; approximately $ 200 million due to decreased volume and lower risk retirements on various programs ; approximately $ 195 million for the f-16 program due to fewer deliveries ( 11 aircraft delivered in 2015 , compared to 17 delivered in 2014 ) ; and approximately $ 190 million for the f-22 program as a result of decreased sustainment activities .\naeronautics 2019 operating profit in 2015 increased $ 32 million , or 2% ( 2 % ) , compared to 2014 .\noperating profit increased by approximately $ 240 million for f-35 production contracts due to increased volume and risk retirements ; and approximately $ 40 million for the c-5 program due to increased risk retirements .\nthese increases were offset by lower operating profit of approximately $ 90 million for the f-22 program due to lower risk retirements ; approximately $ 70 million for the c-130 program as a result of the reasons stated above for lower net sales ; and approximately $ 80 million due to decreased volume and risk retirements on various programs .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 100 million higher in 2015 compared to 2014 .\n2014 compared to 2013 aeronautics 2019 net sales increased $ 797 million , or 6% ( 6 % ) , in 2014 as compared to 2013 .\nthe increase was primarily attributable to higher net sales of approximately $ 790 million for f-35 production contracts due to increased volume and sustainment activities ; about $ 55 million for the f-16 program due to increased deliveries ( 17 aircraft delivered in 2014 compared to 13 delivered in 2013 ) partially offset by contract mix ; and approximately $ 45 million for the f-22 program due to increased risk retirements .\nthe increases were partially offset by lower net sales of approximately $ 55 million for the f-35 development contract due to decreased volume , partially offset by the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; and about $ 40 million for the c-130 program due to fewer deliveries ( 24 aircraft delivered in 2014 compared to 25 delivered in 2013 ) and decreased sustainment activities , partially offset by contract mix .\naeronautics 2019 operating profit increased $ 37 million , or 2% ( 2 % ) , in 2014 as compared to 2013 .\nthe increase was primarily attributable to higher operating profit of approximately $ 85 million for the f-35 development contract due to the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; about $ 75 million for the f-22 program due to increased risk retirements ; approximately $ 50 million for the c-130 program due to increased risk retirements and contract mix , partially offset by fewer deliveries ; and about $ 25 million for the c-5 program due to the absence in 2014 of the downward revisions to the profit booking rate that occurred in 2013 .\nthe increases were partially offset by lower operating profit of approximately $ 130 million for the f-16 program due to decreased risk retirements , partially offset by increased deliveries ; and about $ 70 million for sustainment activities due to decreased risk retirements and volume .\noperating profit was comparable for f-35 production contracts as higher volume was offset by lower risk retirements .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 105 million lower for 2014 compared to 2013. .\n\nQuestion: what was the average aeronautics 2019 operating profit from 2013 to 2015",
        "solution": "1647.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SWKS/2007/page_93.pdf\n\nID: SWKS/2007/page_93.pdf-2\n\nPrevious Text:\nin september 2006 , the fasb issued sfas 158 , 201cemployers 2019 accounting for defined benefit pension and other postretirement plans , an amendment of fasb statements no .\n87 , 88 , 106 , and 132 ( r ) . 201d sfas 158 requires companies to recognize the over-funded and under-funded status of defined benefit pension and other postretire- ment plans as assets or liabilities on their balance sheets .\nin addition , changes in the funded status must be recognized through other comprehensive income in shareholders 2019 equity in the year in which the changes occur .\nwe adopted sfas 158 on september 28 , 2007 .\nin accordance with the transition rules in sfas 158 , this standard is being adopted on a prospective basis .\nthe adoption of sfas 158 resulted in an immaterial adjustment to our balance sheet , and had no impact on our net earnings or cash flows .\ncomprehensive income ( loss ) the company accounts for comprehensive income ( loss ) in accordance with the provisions of sfas no .\n130 , 201creporting comprehensive income 201d ( 201csfas no .\n130 201d ) .\nsfas no .\n130 is a financial statement presentation standard that requires the company to disclose non-owner changes included in equity but not included in net income or loss .\naccumulated comprehensive loss presented in the financial statements consists of adjustments to the company 2019s minimum pension liability as follows ( in thousands ) : pension adjustments accumulated comprehensive .\n\nTable Data:\n[['', 'pension adjustments', 'accumulated other comprehensive loss'], ['balance as of september 30 2005', '-1137 ( 1137 )', '-1137 ( 1137 )'], ['change in period', '538', '538'], ['balance as of september 29 2006', '$ -599 ( 599 )', '$ -599 ( 599 )'], ['pension adjustment', '159', '159'], ['adjustment to initially apply sfas 158', '226', '226'], ['balance as of september 28 2007', '$ -214 ( 214 )', '$ -214 ( 214 )']]\n\nFollowing Text:\nrecently issued accounting pronouncements fin 48 in july 2006 , the fasb issued fasb interpretation no .\n48 , 201caccounting for uncertainty in income taxes 2014 an interpretation of fasb statement no .\n109 201d ( fin 48 ) , which clarifies the accounting and disclosure for uncertainty in tax positions , as defined .\nfin 48 seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes .\nthis interpretation is effective for fiscal years beginning after december 15 , 2006 , and is therefore effective for the company in fiscal year 2008 .\nwe are currently evaluating the impact that adopting fin 48 will have on the company 2019s financial position and results of operations , however at this time the company does not expect the impact to materially affect its results from operations or financial position .\nsfas 157 in september 2006 , the fasb issued sfas no .\n157 , 201cfair value measurements 201d ( 201csfas 157 201d ) which defines fair value , establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements .\nsfas 157 is effective for financial statements issued for fiscal years beginning after november 15 , 2007 and interim periods within those fiscal years .\nthe company has not yet determined the impact that sfas 157 will have on its results from operations or financial position .\nsab 108 in september 2006 , the securities and exchange commission issued staff accounting bulletin no .\n108 , 201cconsidering the effects of prior year misstatements when quantifying misstatements in current year financial statements 201d ( 201csab 108 201d ) , which provides interpretive guidance on how the effects of the carryover or reversal of skyworks solutions , inc .\n2007 annual report .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the net change in pension liability balance from september 2006 to september 2007?",
        "solution": "385"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2007/page_111.pdf\n\nID: AMT/2007/page_111.pdf-3\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) maturities 2014as of december 31 , 2007 , aggregate carrying value of long-term debt , including capital leases , for the next five years and thereafter are estimated to be ( in thousands ) : year ending december 31 .\n\nTable Data:\n[['2008', '$ 1817'], ['2009', '1241'], ['2010', '78828'], ['2011', '13714'], ['2012', '1894998'], ['thereafter', '2292895'], ['total cash obligations', '$ 4283493'], ['accreted value of the discount and premium of 3.00% ( 3.00 % ) notes and 7.125% ( 7.125 % ) notes', '1791'], ['balance as of december 31 2007', '$ 4285284']]\n\nFollowing Text:\n4 .\nacquisitions during the years ended december 31 , 2007 , 2006 and 2005 , the company used cash to acquire a total of ( i ) 293 towers and the assets of a structural analysis firm for approximately $ 44.0 million in cash ( ii ) 84 towers and 6 in-building distributed antenna systems for approximately $ 14.3 million and ( iii ) 30 towers for approximately $ 6.0 million in cash , respectively .\nthe tower asset acquisitions were primarily in mexico and brazil under ongoing agreements .\nduring the year ended december 31 , 2005 , the company also completed its merger with spectrasite , inc .\npursuant to which the company acquired approximately 7800 towers and 100 in-building distributed antenna systems .\nunder the terms of the merger agreement , in august 2005 , spectrasite , inc .\nmerged with a wholly- owned subsidiary of the company , and each share of spectrasite , inc .\ncommon stock converted into the right to receive 3.575 shares of the company 2019s class a common stock .\nthe company issued approximately 169.5 million shares of its class a common stock and reserved for issuance approximately 9.9 million and 6.8 million of class a common stock pursuant to spectrasite , inc .\noptions and warrants , respectively , assumed in the merger .\nthe final allocation of the $ 3.1 billion purchase price is summarized in the company 2019s annual report on form 10-k for the year ended december 31 , 2006 .\nthe acquisitions consummated by the company during 2007 , 2006 and 2005 , have been accounted for under the purchase method of accounting in accordance with sfas no .\n141 201cbusiness combinations 201d ( sfas no .\n141 ) .\nthe purchase prices have been allocated to the net assets acquired and the liabilities assumed based on their estimated fair values at the date of acquisition .\nthe company primarily acquired its tower assets from third parties in one of two types of transactions : the purchase of a business or the purchase of assets .\nthe structure of each transaction affects the way the company allocates purchase price within the consolidated financial statements .\nin the case of tower assets acquired through the purchase of a business , such as the company 2019s merger with spectrasite , inc. , the company allocates the purchase price to the assets acquired and liabilities assumed at their estimated fair values as of the date of acquisition .\nthe excess of the purchase price paid by the company over the estimated fair value of net assets acquired has been recorded as goodwill .\nin the case of an asset purchase , the company first allocates the purchase price to property and equipment for the appraised value of the towers and to identifiable intangible assets ( primarily acquired customer base ) .\nthe company then records any remaining purchase price within intangible assets as a 201cnetwork location intangible . 201d .\n\nQuestion: assuming full exercise of the options and warrants assumed , what is the total millions of shares of class a common stock in the spectrasite deal?",
        "solution": "186.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2011/page_61.pdf\n\nID: AON/2011/page_61.pdf-1\n\nPrevious Text:\n2022 net derivative losses of $ 13 million .\nreview by segment general we serve clients through the following segments : 2022 risk solutions acts as an advisor and insurance and reinsurance broker , helping clients manage their risks , via consultation , as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network .\n2022 hr solutions partners with organizations to solve their most complex benefits , talent and related financial challenges , and improve business performance by designing , implementing , communicating and administering a wide range of human capital , retirement , investment management , health care , compensation and talent management strategies .\nrisk solutions .\n\nTable Data:\n[['years ended december 31,', '2011', '2010', '2009'], ['revenue', '$ 6817', '$ 6423', '$ 6305'], ['operating income', '1314', '1194', '900'], ['operating margin', '19.3% ( 19.3 % )', '18.6% ( 18.6 % )', '14.3% ( 14.3 % )']]\n\nFollowing Text:\nthe demand for property and casualty insurance generally rises as the overall level of economic activity increases and generally falls as such activity decreases , affecting both the commissions and fees generated by our brokerage business .\nthe economic activity that impacts property and casualty insurance is described as exposure units , and is closely correlated with employment levels , corporate revenue and asset values .\nduring 2011 we began to see some improvement in pricing ; however , we would still consider this to be a 2018 2018soft market , 2019 2019 which began in 2007 .\nin a soft market , premium rates flatten or decrease , along with commission revenues , due to increased competition for market share among insurance carriers or increased underwriting capacity .\nchanges in premiums have a direct and potentially material impact on the insurance brokerage industry , as commission revenues are generally based on a percentage of the premiums paid by insureds .\nin 2011 , pricing showed signs of stabilization and improvement in both our retail and reinsurance brokerage product lines and we expect this trend to slowly continue into 2012 .\nadditionally , beginning in late 2008 and continuing through 2011 , we faced difficult conditions as a result of unprecedented disruptions in the global economy , the repricing of credit risk and the deterioration of the financial markets .\nweak global economic conditions have reduced our customers 2019 demand for our brokerage products , which have had a negative impact on our operational results .\nrisk solutions generated approximately 60% ( 60 % ) of our consolidated total revenues in 2011 .\nrevenues are generated primarily through fees paid by clients , commissions and fees paid by insurance and reinsurance companies , and investment income on funds held on behalf of clients .\nour revenues vary from quarter to quarter throughout the year as a result of the timing of our clients 2019 policy renewals , the net effect of new and lost business , the timing of services provided to our clients , and the income we earn on investments , which is heavily influenced by short-term interest rates .\nwe operate in a highly competitive industry and compete with many retail insurance brokerage and agency firms , as well as with individual brokers , agents , and direct writers of insurance coverage .\nspecifically , we address the highly specialized product development and risk management needs of commercial enterprises , professional groups , insurance companies , governments , health care providers , and non-profit groups , among others ; provide affinity products for professional liability , life , disability .\n\nQuestion: what was the percent of the increase in the revenue from 2010 to 2011",
        "solution": "6.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: K/2012/page_44.pdf\n\nID: K/2012/page_44.pdf-2\n\nPrevious Text:\nwe measure cash flow as net cash provided by operating activities reduced by expenditures for property additions .\nwe use this non-gaap financial measure of cash flow to focus management and investors on the amount of cash available for debt repayment , dividend distributions , acquisition opportunities , and share repurchases .\nour cash flow metric is reconciled to the most comparable gaap measure , as follows: .\n\nTable Data:\n[['( dollars in millions )', '2012', '2011', '2010'], ['net cash provided by operating activities', '$ 1758', '$ 1595', '$ 1008'], ['additions to properties', '-533 ( 533 )', '-594 ( 594 )', '-474 ( 474 )'], ['cash flow', '$ 1225', '$ 1001', '$ 534'], ['year-over-year change', '22.4% ( 22.4 % )', '87.5% ( 87.5 % )', '']]\n\nFollowing Text:\nyear-over-year change 22.4 % (  % ) 87.5 % (  % ) year-over-year changes in cash flow ( as defined ) were driven by improved performance in working capital resulting from the benefit derived from the pringles acquisition , as well as changes in the level of capital expenditures during the three-year period .\ninvesting activities our net cash used in investing activities for 2012 amounted to $ 3245 million , an increase of $ 2658 million compared with 2011 primarily attributable to the $ 2668 acquisition of pringles in capital spending in 2012 included investments in our supply chain infrastructure , and to support capacity requirements in certain markets , including pringles .\nin addition , we continued the investment in our information technology infrastructure related to the reimplementation and upgrade of our sap platform .\nnet cash used in investing activities of $ 587 million in 2011 increased by $ 122 million compared with 2010 , reflecting capital projects for our reimplementation and upgrade of our sap platform and investments in our supply chain .\ncash paid for additions to properties as a percentage of net sales has decreased to 3.8% ( 3.8 % ) in 2012 , from 4.5% ( 4.5 % ) in 2011 , which was an increase from 3.8% ( 3.8 % ) in financing activities in february 2013 , we issued $ 250 million of two-year floating-rate u.s .\ndollar notes , and $ 400 million of ten-year 2.75% ( 2.75 % ) u.s .\ndollar notes .\nthe proceeds from these notes will be used for general corporate purposes , including , together with cash on hand , repayment of the $ 750 million aggregate principal amount of our 4.25% ( 4.25 % ) u.s .\ndollar notes due march 2013 .\nthe floating-rate notes bear interest equal to three-month libor plus 23 basis points , subject to quarterly reset .\nthe notes contain customary covenants that limit the ability of kellogg company and its restricted subsidiaries ( as defined ) to incur certain liens or enter into certain sale and lease-back transactions , as well as a change of control provision .\nour net cash provided by financing activities was $ 1317 for 2012 , compared to net cash used in financing activities of $ 957 and $ 439 for 2011 and 2010 , respectively .\nthe increase in cash provided from financing activities in 2012 compared to 2011 and 2010 , was primarily due to the issuance of debt related to the acquisition of pringles .\ntotal debt was $ 7.9 billion at year-end 2012 and $ 6.0 billion at year-end 2011 .\nin march 2012 , we entered into interest rate swaps on our $ 500 million five-year 1.875% ( 1.875 % ) fixed rate u.s .\ndollar notes due 2016 , $ 500 million ten-year 4.15% ( 4.15 % ) fixed rate u.s .\ndollar notes due 2019 and $ 500 million of our $ 750 million seven-year 4.45% ( 4.45 % ) fixed rate u.s .\ndollar notes due 2016 .\nthe interest rate swaps effectively converted these notes from their fixed rates to floating rate obligations through maturity .\nin may 2012 , we issued $ 350 million of three-year 1.125% ( 1.125 % ) u.s .\ndollar notes , $ 400 million of five-year 1.75% ( 1.75 % ) u.s .\ndollar notes and $ 700 million of ten-year 3.125% ( 3.125 % ) u.s .\ndollar notes , resulting in aggregate net proceeds after debt discount of $ 1.442 billion .\nthe proceeds of these notes were used for general corporate purposes , including financing a portion of the acquisition of pringles .\nin may 2012 , we issued cdn .\n$ 300 million of two-year 2.10% ( 2.10 % ) fixed rate canadian dollar notes , using the proceeds from these notes for general corporate purposes , which included repayment of intercompany debt .\nthis repayment resulted in cash available to be used for a portion of the acquisition of pringles .\nin december 2012 , we repaid $ 750 million five-year 5.125% ( 5.125 % ) u.s .\ndollar notes at maturity with commercial paper .\nin february 2011 , we entered into interest rate swaps on $ 200 million of our $ 750 million seven-year 4.45% ( 4.45 % ) fixed rate u.s .\ndollar notes due 2016 .\nthe interest rate swaps effectively converted this portion of the notes from a fixed rate to a floating rate obligation through maturity .\nin april 2011 , we repaid $ 945 million ten-year 6.60% ( 6.60 % ) u.s .\ndollar notes at maturity with commercial paper .\nin may 2011 , we issued $ 400 million of seven-year 3.25% ( 3.25 % ) fixed rate u.s .\ndollar notes , using the proceeds of $ 397 million for general corporate purposes and repayment of commercial paper .\nduring 2011 , we entered into interest rate swaps with notional amounts totaling $ 400 million , which effectively converted these notes from a fixed rate to a floating rate obligation through maturity .\nin november 2011 , we issued $ 500 million of five-year 1.875% ( 1.875 % ) fixed rate u .\ns .\ndollar notes , using the proceeds of $ 498 million for general corporate purposes and repayment of commercial paper .\nduring 2012 , we entered into interest rate swaps which effectively converted these notes from a fixed rate to a floating rate obligation through maturity .\nin april 2010 , our board of directors approved a share repurchase program authorizing us to repurchase shares of our common stock amounting to $ 2.5 billion during 2010 through 2012 .\nthis three year authorization replaced previous share buyback programs which had authorized stock repurchases of up to $ 1.1 billion for 2010 and $ 650 million for 2009 .\nunder this program , we repurchased approximately 1 million , 15 million and 21 million shares of common stock for $ 63 million , $ 793 million and $ 1.1 billion during 2012 , 2011 and 2010 , respectively .\nin december 2012 , our board of directors approved a share repurchase program authorizing us to repurchase shares of our common stock amounting to $ 300 million during 2013 .\nwe paid quarterly dividends to shareholders totaling $ 1.74 per share in 2012 , $ 1.67 per share in 2011 and $ 1.56 per share in 2010 .\ntotal cash paid for dividends increased by 3.0% ( 3.0 % ) in 2012 and 3.4% ( 3.4 % ) in 2011 .\nin march 2011 , we entered into an unsecured four- year credit agreement which allows us to borrow , on a revolving credit basis , up to $ 2.0 billion .\nour long-term debt agreements contain customary covenants that limit kellogg company and some of its subsidiaries from incurring certain liens or from entering into certain sale and lease-back transactions .\nsome agreements also contain change in control provisions .\nhowever , they do not contain acceleration of maturity clauses that are dependent on credit ratings .\na change in our credit ratings could limit our access to the u.s .\nshort-term debt market and/or increase the cost of refinancing long-term debt in the future .\nhowever , even under these circumstances , we would continue to have access to our four-year credit agreement , which expires in march 2015 .\nthis source of liquidity is unused and available on an unsecured basis , although we do not currently plan to use it .\ncapital and credit markets , including commercial paper markets , continued to experience instability and disruption as the u.s .\nand global economies underwent a period of extreme uncertainty .\nthroughout this period of uncertainty , we continued to have access to the u.s. , european , and canadian commercial paper markets .\nour commercial paper and term debt credit ratings were not affected by the changes in the credit environment .\nwe monitor the financial strength of our third-party financial institutions , including those that hold our cash and cash equivalents as well as those who serve as counterparties to our credit facilities , our derivative financial instruments , and other arrangements .\nwe are in compliance with all covenants as of december 29 , 2012 .\nwe continue to believe that we will be able to meet our interest and principal repayment obligations and maintain our debt covenants for the foreseeable future , while still meeting our operational needs , including the pursuit of selected bolt-on acquisitions .\nthis will be accomplished through our strong cash flow , our short- term borrowings , and our maintenance of credit facilities on a global basis. .\n\nQuestion: what was the average cash flow from 2010 to 2012",
        "solution": "920"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2011/page_216.pdf\n\nID: AES/2011/page_216.pdf-1\n\nPrevious Text:\nthe aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2011 , 2010 , and 2009 the table below sets forth the pre-tax accumulated other comprehensive income ( loss ) expected to be recognized as an increase ( decrease ) to income from continuing operations before income taxes over the next twelve months as of december 31 , 2011 for the following types of derivative instruments : accumulated other comprehensive income ( loss ) ( 1 ) ( in millions ) .\n\nTable Data:\n[['', 'accumulated other comprehensive income ( loss ) ( 1 ) ( in millions )'], ['interest rate derivatives', '$ -101 ( 101 )'], ['cross currency derivatives', '$ -1 ( 1 )'], ['foreign currency derivatives', '$ 7'], ['commodity and other derivatives', '$ -1 ( 1 )']]\n\nFollowing Text:\n( 1 ) excludes a loss of $ 94 million expected to be recognized as part of the sale of cartagena , which closed on february 9 , 2012 , and is further discussed in note 23 2014acquisitions and dispositions .\nthe balance in accumulated other comprehensive loss related to derivative transactions will be reclassified into earnings as interest expense is recognized for interest rate hedges and cross currency swaps ( except for the amount reclassified to foreign currency transaction gains and losses to offset the remeasurement of the foreign currency-denominated debt being hedged by the cross currency swaps ) , as depreciation is recognized for interest rate hedges during construction , as foreign currency transaction gains and losses are recognized for hedges of foreign currency exposure , and as electricity sales and fuel purchases are recognized for hedges of forecasted electricity and fuel transactions .\nthese balances are included in the consolidated statements of cash flows as operating and/or investing activities based on the nature of the underlying transaction .\nfor the years ended december 31 , 2011 , 2010 and 2009 , pre-tax gains ( losses ) of $ 0 million , $ ( 1 ) million , and $ 0 million net of noncontrolling interests , respectively , were reclassified into earnings as a result of the discontinuance of a cash flow hedge because it was probable that the forecasted transaction would not occur by the end of the originally specified time period ( as documented at the inception of the hedging relationship ) or within an additional two-month time period thereafter. .\n\nQuestion: what is total aoci ( in millions ) for 2011?",
        "solution": "-96"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2012/page_73.pdf\n\nID: CME/2012/page_73.pdf-1\n\nPrevious Text:\nsubject to fluctuation and , consequently , the amount realized in the subsequent sale of an investment may differ significantly from its current reported value .\nfluctuations in the market price of a security may result from perceived changes in the underlying economic characteristics of the issuer , the relative price of alternative investments and general market conditions .\nthe table below summarizes equity investments that are subject to equity price fluctuations at december 31 , 2012 .\nequity investments are included in other assets in our consolidated balance sheets .\n( in millions ) carrying unrealized net of tax .\n\nTable Data:\n[['( in millions )', 'costbasis', 'fairvalue', 'carryingvalue', 'unrealizedgainnet of tax'], ['bm&fbovespa s.a .', '$ 262.9', '$ 690.6', '$ 690.6', '$ 271.4'], ['bolsa mexicana de valores s.a.b . de c.v .', '17.3', '29.3', '29.3', '7.6'], ['imarex asa', '2014', '1.8', '1.8', '1.1']]\n\nFollowing Text:\nwe do not currently hedge against equity price risk .\nequity investments are assessed for other-than- temporary impairment on a quarterly basis. .\n\nQuestion: in 2012 what was the ratio of the bm&fbovespa s.a . fair value to the cost basis",
        "solution": "2.63"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2018/page_45.pdf\n\nID: PNC/2018/page_45.pdf-2\n\nPrevious Text:\nthe pnc financial services group , inc .\n2013 form 10-k 29 part ii item 5 2013 market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities ( a ) ( 1 ) our common stock is listed on the new york stock exchange and is traded under the symbol 201cpnc . 201d at the close of business on february 15 , 2019 , there were 53986 common shareholders of record .\nholders of pnc common stock are entitled to receive dividends when declared by our board of directors out of funds legally available for this purpose .\nour board of directors may not pay or set apart dividends on the common stock until dividends for all past dividend periods on any series of outstanding preferred stock and certain outstanding capital securities issued by the parent company have been paid or declared and set apart for payment .\nthe board of directors presently intends to continue the policy of paying quarterly cash dividends .\nthe amount of any future dividends will depend on economic and market conditions , our financial condition and operating results , and other factors , including contractual restrictions and applicable government regulations and policies ( such as those relating to the ability of bank and non-bank subsidiaries to pay dividends to the parent company and regulatory capital limitations ) .\nthe amount of our dividend is also currently subject to the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve and our primary bank regulators as part of the comprehensive capital analysis and review ( ccar ) process as described in the supervision and regulation section in item 1 of this report .\nthe federal reserve has the power to prohibit us from paying dividends without its approval .\nfor further information concerning dividend restrictions and other factors that could limit our ability to pay dividends , as well as restrictions on loans , dividends or advances from bank subsidiaries to the parent company , see the supervision and regulation section in item 1 , item 1a risk factors , the liquidity and capital management portion of the risk management section in item 7 , and note 10 borrowed funds , note 15 equity and note 18 regulatory matters in the notes to consolidated financial statements in item 8 of this report , which we include here by reference .\nwe include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2018 in the table ( with introductory paragraph and notes ) in item 12 of this report .\nour stock transfer agent and registrar is : computershare trust company , n.a .\n250 royall street canton , ma 02021 800-982-7652 www.computershare.com/pnc registered shareholders may contact computershare regarding dividends and other shareholder services .\nwe include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .\n( a ) ( 2 ) none .\n( b ) not applicable .\n( c ) details of our repurchases of pnc common stock during the fourth quarter of 2018 are included in the following table : in thousands , except per share data 2018 period total shares purchased ( a ) average price paid per share total shares purchased as part of publicly announced programs ( b ) maximum number of shares that may yet be purchased under the programs ( b ) .\n\nTable Data:\n[['2018 period', 'total shares purchased ( a )', 'average price paid per share', 'total shares purchased as part of publicly announced programs ( b )', 'maximum number of shares that may yet be purchased under the programs ( b )'], ['october 1 2013 31', '1204', '$ 128.43', '1189', '25663'], ['november 1 2013 30', '1491', '$ 133.79', '1491', '24172'], ['december 1 2013 31', '3458', '$ 119.43', '3458', '20714'], ['total', '6153', '$ 124.67', '', '']]\n\nFollowing Text:\n( a ) includes pnc common stock purchased in connection with our various employee benefit plans generally related to forfeitures of unvested restricted stock awards and shares used to cover employee payroll tax withholding requirements .\nnote 11 employee benefit plans and note 12 stock based compensation plans in the notes to consolidated financial statements in item 8 of this report include additional information regarding our employee benefit and equity compensation plans that use pnc common stock .\n( b ) on march 11 , 2015 , we announced that our board of directors approved a stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .\nrepurchases are made in open market or privately negotiated transactions and the timing and exact amount of common stock repurchases will depend on a number of factors including , among others , market and general economic conditions , regulatory capital considerations , alternative uses of capital , the potential impact on our credit ratings , and contractual and regulatory limitations , including the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve as part of the ccar process .\nin june 2018 , we announced share repurchase programs of up to $ 2.0 billion for the four quarter period beginning with the third quarter of 2018 , including repurchases of up to $ 300 million related to stock issuances under employee benefit plans , in accordance with pnc's 2018 capital plan .\nin november 2018 , we announced an increase to these previously announced programs in the amount of up to $ 900 million in additional common share repurchases .\nthe aggregate repurchase price of shares repurchased during the fourth quarter of 2018 was $ .8 billion .\nsee the liquidity and capital management portion of the risk management section in item 7 of this report for more information on the authorized share repurchase programs for the period july 1 , 2018 through june 30 , 2019 .\nhttp://www.computershare.com/pnc .\n\nQuestion: what was the reduction in average price per share for repurchases from the period november 1 2013 30 to december 1 2013 31?",
        "solution": "14.36"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2013/page_14.pdf\n\nID: UNP/2013/page_14.pdf-3\n\nPrevious Text:\nitem 2 .\nproperties we employ a variety of assets in the management and operation of our rail business .\nour rail network covers 23 states in the western two-thirds of the u.s .\nour rail network includes 31838 route miles .\nwe own 26009 miles and operate on the remainder pursuant to trackage rights or leases .\nthe following table describes track miles at december 31 , 2013 and 2012 .\n2013 2012 .\n\nTable Data:\n[['', '2013', '2012'], ['route', '31838', '31868'], ['other main line', '6766', '6715'], ['passing lines and turnouts', '3167', '3124'], ['switching and classification yard lines', '9090', '9046'], ['total miles', '50861', '50753']]\n\nFollowing Text:\nheadquarters building we maintain our headquarters in omaha , nebraska .\nthe facility has 1.2 million square feet of space for approximately 4000 employees and is subject to a financing arrangement .\nharriman dispatching center the harriman dispatching center ( hdc ) , located in omaha , nebraska , is our primary dispatching facility .\nit is linked to regional dispatching and locomotive management facilities at various locations along our .\n\nQuestion: what percentage of total miles of track were switching and classification yard lines in 2013?",
        "solution": "18%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_25.pdf\n\nID: ETR/2017/page_25.pdf-3\n\nPrevious Text:\n( $ 66 million net-of-tax ) as a result of customer credits to be realized by electric customers of entergy louisiana , consistent with the terms of the stipulated settlement in the business combination proceeding .\nsee note 2 to the financial statements for further discussion of the business combination and customer credits .\nresults of operations for 2015 also include the sale in december 2015 of the 583 mw rhode island state energy center for a realized gain of $ 154 million ( $ 100 million net-of-tax ) on the sale and the $ 77 million ( $ 47 million net-of-tax ) write-off and regulatory charges to recognize that a portion of the assets associated with the waterford 3 replacement steam generator project is no longer probable of recovery .\nsee note 14 to the financial statements for further discussion of the rhode island state energy center sale .\nsee note 2 to the financial statements for further discussion of the waterford 3 replacement steam generator prudence review proceeding .\nnet revenue utility following is an analysis of the change in net revenue comparing 2016 to 2015 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2015 net revenue', '$ 5829'], ['retail electric price', '289'], ['louisiana business combination customer credits', '107'], ['volume/weather', '14'], ['louisiana act 55 financing savings obligation', '-17 ( 17 )'], ['other', '-43 ( 43 )'], ['2016 net revenue', '$ 6179']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to : 2022 an increase in base rates at entergy arkansas , as approved by the apsc .\nthe new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .\nthe increase included an interim base rate adjustment surcharge , effective with the first billing cycle of april 2016 , to recover the incremental revenue requirement for the period february 24 , 2016 through march 31 , 2016 .\na significant portion of the increase was related to the purchase of power block 2 of the union power station ; 2022 an increase in the purchased power and capacity acquisition cost recovery rider for entergy new orleans , as approved by the city council , effective with the first billing cycle of march 2016 , primarily related to the purchase of power block 1 of the union power station ; 2022 an increase in formula rate plan revenues for entergy louisiana , implemented with the first billing cycle of march 2016 , to collect the estimated first-year revenue requirement related to the purchase of power blocks 3 and 4 of the union power station ; and 2022 an increase in revenues at entergy mississippi , as approved by the mpsc , effective with the first billing cycle of july 2016 , and an increase in revenues collected through the storm damage rider .\nsee note 2 to the financial statements for further discussion of the rate proceedings .\nsee note 14 to the financial statements for discussion of the union power station purchase .\nthe louisiana business combination customer credits variance is due to a regulatory liability of $ 107 million recorded by entergy in october 2015 as a result of the entergy gulf states louisiana and entergy louisiana business combination .\nconsistent with the terms of the stipulated settlement in the business combination proceeding , electric customers of entergy louisiana will realize customer credits associated with the business combination ; accordingly , in october 2015 , entergy recorded a regulatory liability of $ 107 million ( $ 66 million net-of-tax ) .\nthese costs are being entergy corporation and subsidiaries management 2019s financial discussion and analysis .\n\nQuestion: what is the growth rate in net revenue in 2016?",
        "solution": "6.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DVN/2013/page_78.pdf\n\nID: DVN/2013/page_78.pdf-1\n\nPrevious Text:\ndevon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2013 , excluding premiums and discounts , are as follows ( in millions ) : .\n\nTable Data:\n[['2014', '$ 4067'], ['2015', '2014'], ['2016', '500'], ['2017', '750'], ['2018', '125'], ['2019 and thereafter', '6600'], ['total', '$ 12042']]\n\nFollowing Text:\ncredit lines devon has a $ 3.0 billion syndicated , unsecured revolving line of credit ( the 201csenior credit facility 201d ) that matures on october 24 , 2018 .\nhowever , prior to the maturity date , devon has the option to extend the maturity for up to one additional one-year period , subject to the approval of the lenders .\namounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months .\nsuch rates are generally less than the prime rate .\nhowever , devon may elect to borrow at the prime rate .\nthe senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears .\nas of december 31 , 2013 , there were no borrowings under the senior credit facility .\nthe senior credit facility contains only one material financial covenant .\nthis covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65 percent .\nthe credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying financial statements .\nalso , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments .\nas of december 31 , 2013 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 25.7 percent .\ncommercial paper devon has access to $ 3.0 billion of short-term credit under its commercial paper program .\ncommercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing .\nthe interest rate is generally based on a standard index such as the federal funds rate , libor , or the money market rate as found in the commercial paper market .\nas of december 31 , 2013 , devon 2019s weighted average borrowing rate on its commercial paper borrowings was 0.30 percent .\nother debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2013 , as listed in the table presented at the beginning of this note .\ngeosouthern debt in december 2013 , in conjunction with the planned geosouthern acquisition , devon issued $ 2.25 billion aggregate principal amount of fixed and floating rate senior notes resulting in cash proceeds of approximately .\n\nQuestion: as of december 31 , 2013 what was the percent of the devons debt maturities due in 2014",
        "solution": "33.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2005/page_57.pdf\n\nID: CE/2005/page_57.pdf-1\n\nPrevious Text:\nthe amount available to us to pay cash dividends is restricted by our subsidiaries 2019 debt agreements .\nthe indentures governing the senior subordinated notes and the senior discount notes also limit , but do not prohibit , the ability of bcp crystal , crystal llc and their respective subsidiaries to pay dividends .\nany decision to declare and pay dividends in the future will be made at the discretion of our board of directors and will depend on , among other things , our results of operations , cash requirements , financial condition , contractual restrictions and other factors that our board of directors may deem relevant .\nunder the domination agreement , any minority shareholder of celanese ag who elects not to sell its shares to the purchaser will be entitled to remain a shareholder of celanese ag and to receive a gross guaranteed fixed annual payment on their shares of u3.27 per celanese share less certain corporate taxes to be paid by cag in lieu of any future dividend .\nsee 2018 2018the transactions 2014 post-tender offer events 2014domination and profit and loss transfer agreement . 2019 2019 under delaware law , our board of directors may declare dividends only to the extent of our 2018 2018surplus 2019 2019 ( which is defined as total assets at fair market value minus total liabilities , minus statutory capital ) , or if there is no surplus , out of our net profits for the then current and/or immediately preceding fiscal years .\nthe value of a corporation 2019s assets can be measured in a number of ways and may not necessarily equal their book value .\nthe value of our capital may be adjusted from time to time by our board of directors but in no event will be less than the aggregate par value of our issued stock .\nour board of directors may base this determination on our financial statements , a fair valuation of our assets or another reasonable method .\nour board of directors will seek to assure itself that the statutory requirements will be met before actually declaring dividends .\nin future periods , our board of directors may seek opinions from outside valuation firms to the effect that our solvency or assets are sufficient to allow payment of dividends , and such opinions may not be forthcoming .\nif we sought and were not able to obtain such an opinion , we likely would not be able to pay dividends .\nin addition , pursuant to the terms of our preferred stock , we are prohibited from paying a dividend on our series a common stock unless all payments due and payable under the preferred stock have been made .\ncelanese purchases of its equity securities period number of shares ( or units ) purchased ( 1 ) average price paid per share ( or unit ) total number of shares ( or units ) purchased as part of publicly announced plans or programs maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs october 1 2013 october 31 , 2005 2014 2014 2014 2014 november 1 2013 november 30 , 2005 2014 2014 2014 2014 december 1 2013 december 31 , 2005 10000 $ 18.705 10000 2014 .\n\nTable Data:\n[['period', 'totalnumber ofshares ( or units ) purchased ( 1 )', 'averageprice paidper share ( orunit )', 'total number ofshares ( or units ) purchased aspart ofpublicly announcedplans or programs', 'maximumnumber ( or approximate dollar value ) of shares ( or units ) thatmayyet be purchased under theplans orprograms'], ['october 1 2013 october 312005', '2014', '2014', '2014', '2014'], ['november1 2013 november 302005', '2014', '2014', '2014', '2014'], ['december1 2013 december 31 2005', '10000', '$ 18.705', '10000', '2014'], ['total', '10000', '$ 18.705', '10000', '2014']]\n\nFollowing Text:\n( 1 ) 10000 shares of series a common stock were purchased on the open market in december 2005 at $ 18.705 per share , approved by the board of directors pursuant to the provisions of the 2004 stock incentive plan , approved by shareholders in december 2004 , to be granted to two employees in recognition of their contributions to the company .\nno other purchases are currently planned .\nequity compensation plans the information required to be included in this item 5 with respect to our equity compensation plans is incorporated by reference from the section captioned 2018 2018securities authorized for issuance under equity compensation plans 2019 2019 in the company 2019s definitive proxy statement for the 2006 annual meeting of stockholders .\nrecent sales of unregistered securities .\n\nQuestion: what was the cost of the shares of series a common stock were purchased on the open market in december 2005",
        "solution": "187050"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2015/page_16.pdf\n\nID: UNP/2015/page_16.pdf-1\n\nPrevious Text:\naverage highway revenue equipment owned leased total age ( yrs. ) .\n\nTable Data:\n[['highway revenue equipment', 'owned', 'leased', 'total', 'average age ( yrs. )'], ['containers', '33633', '25998', '59631', '8.0'], ['chassis', '22086', '26837', '48923', '9.6'], ['total highway revenue equipment', '55719', '52835', '108554', 'n/a']]\n\nFollowing Text:\ncapital expenditures our rail network requires significant annual capital investments for replacement , improvement , and expansion .\nthese investments enhance safety , support the transportation needs of our customers , and improve our operational efficiency .\nadditionally , we add new locomotives and freight cars to our fleet to replace older , less efficient equipment , to support growth and customer demand , and to reduce our impact on the environment through the acquisition of more fuel-efficient and low-emission locomotives .\n2015 capital program 2013 during 2015 , our capital program totaled $ 4.3 billion .\n( see the cash capital expenditures table in management 2019s discussion and analysis of financial condition and results of operations 2013 liquidity and capital resources , item 7. ) 2016 capital plan 2013 in 2016 , we expect our capital plan to be approximately $ 3.75 billion , which will include expenditures for ptc of approximately $ 375 million and may include non-cash investments .\nwe may revise our 2016 capital plan if business conditions warrant or if new laws or regulations affect our ability to generate sufficient returns on these investments .\n( see discussion of our 2016 capital plan in management 2019s discussion and analysis of financial condition and results of operations 2013 2016 outlook , item 7. ) equipment encumbrances 2013 equipment with a carrying value of approximately $ 2.6 billion and $ 2.8 billion at december 31 , 2015 , and 2014 , respectively served as collateral for capital leases and other types of equipment obligations in accordance with the secured financing arrangements utilized to acquire or refinance such railroad equipment .\nas a result of the merger of missouri pacific railroad company ( mprr ) with and into uprr on january 1 , 1997 , and pursuant to the underlying indentures for the mprr mortgage bonds , uprr must maintain the same value of assets after the merger in order to comply with the security requirements of the mortgage bonds .\nas of the merger date , the value of the mprr assets that secured the mortgage bonds was approximately $ 6.0 billion .\nin accordance with the terms of the indentures , this collateral value must be maintained during the entire term of the mortgage bonds irrespective of the outstanding balance of such bonds .\nenvironmental matters 2013 certain of our properties are subject to federal , state , and local laws and regulations governing the protection of the environment .\n( see discussion of environmental issues in business 2013 governmental and environmental regulation , item 1 , and management 2019s discussion and analysis of financial condition and results of operations 2013 critical accounting policies 2013 environmental , item 7. ) item 3 .\nlegal proceedings from time to time , we are involved in legal proceedings , claims , and litigation that occur in connection with our business .\nwe routinely assess our liabilities and contingencies in connection with these matters based upon the latest available information and , when necessary , we seek input from our third-party advisors when making these assessments .\nconsistent with sec rules and requirements , we describe below material pending legal proceedings ( other than ordinary routine litigation incidental to our business ) , material proceedings known to be contemplated by governmental authorities , other proceedings arising under federal , state , or local environmental laws and regulations ( including governmental proceedings involving potential fines , penalties , or other monetary sanctions in excess of $ 100000 ) , and such other pending matters that we may determine to be appropriate. .\n\nQuestion: what percentage of total highway revenue equipment owned is containers?",
        "solution": "60%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2006/page_72.pdf\n\nID: UNP/2006/page_72.pdf-3\n\nPrevious Text:\nconsolidated results of operations , financial condition , or liquidity ; however , to the extent possible , where unasserted claims are considered probable and where such claims can be reasonably estimated , we have recorded a liability .\nwe 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 previously recorded for these matters .\npersonal 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 .\nwe use third-party actuaries to assist us in measuring the expense and liability , including unasserted claims .\ncompensation for work-related accidents is governed by the federal employers 2019 liability act ( fela ) .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nour personal injury liability activity was as follows : millions of dollars 2006 2005 2004 .\n\nTable Data:\n[['millions of dollars', '2006', '2005', '2004'], ['beginning balance', '$ 619', '$ 639', '$ 619'], ['accruals', '240', '247', '288'], ['payments', '-228 ( 228 )', '-267 ( 267 )', '-268 ( 268 )'], ['ending balance at december 31', '$ 631', '$ 619', '$ 639'], ['current portion ending balance at december 31', '$ 233', '$ 274', '$ 274']]\n\nFollowing Text:\nour personal injury liability is discounted to present value using applicable u.s .\ntreasury rates .\napproximately 87% ( 87 % ) of the recorded liability related to asserted claims , and approximately 13% ( 13 % ) related to unasserted claims .\npersonal injury accruals were higher in 2004 due to a 1998 crossing accident verdict upheld in 2004 and a 2004 derailment near san antonio .\nasbestos 2013 we are a defendant in a number of lawsuits in which current and former employees allege exposure to asbestos .\nadditionally , we have received claims for asbestos exposure that have not been litigated .\nthe claims and lawsuits ( collectively referred to as 201cclaims 201d ) allege occupational illness resulting from exposure to asbestos- containing products .\nin most cases , the claimants do not have credible medical evidence of physical impairment resulting from the alleged exposures .\nadditionally , most claims filed against us do not specify an amount of alleged damages .\nduring 2004 , we engaged a third party with extensive experience in estimating resolution costs for asbestos- related claims to assist us in assessing the number and value of these unasserted claims through 2034 , based on our average claims experience over a multi-year period .\nas a result , we increased our liability in 2004 for asbestos- related claims in the fourth quarter of 2004 .\nthe liability for resolving both asserted and unasserted claims was based on the following assumptions : 2022 the number of future claims received would be consistent with historical averages .\n2022 the number of claims filed against us will decline each year .\n2022 the average settlement values for asserted and unasserted claims will be equivalent to historical averages .\n2022 the percentage of claims dismissed in the future will be equivalent to historical averages. .\n\nQuestion: what was the percentage change in personal injury liability from 2004 to 2005?",
        "solution": "-3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_127.pdf\n\nID: MRO/2009/page_127.pdf-2\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements ( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .\nwe are the primary obligor under this lease .\nunder the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .\nthis lease is an amortizing financing with a final maturity of 2012 .\n( h ) these notes are senior secured notes of marathon oil canada corporation .\nthe notes are secured by substantially all of marathon oil canada corporation 2019s assets .\nin january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .\n( i ) these obligations as of december 31 , 2009 include $ 36 million related to assets under construction at that date for which a capital lease will commence upon completion of construction .\nthe amounts currently reported are based upon the percent of construction completed as of december 31 , 2009 and therefore do not reflect future minimum lease obligations of $ 164 million related to the asset .\n( j ) payments of long-term debt for the years 2010 - 2014 are $ 102 million , $ 246 million , $ 1492 million , $ 287 million and $ 802 million .\nunited steel is due to pay $ 17 million in 2010 , $ 161 million in 2011 , $ 19 million in 2012 , and $ 11 for year 2014 .\n( k ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 662 million at december 31 , 2009 , may be declared immediately due and payable .\n( l ) see note 16 for information on interest rate swaps .\n20 .\nasset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2009 2008 .\n\nTable Data:\n[['( in millions )', '2009', '2008'], ['asset retirement obligations as of january 1', '$ 965', '$ 1134'], ['liabilities incurred including acquisitions', '14', '30'], ['liabilities settled', '-65 ( 65 )', '-94 ( 94 )'], ['accretion expense ( included in depreciation depletion and amortization )', '64', '66'], ['revisions to previous estimates', '124', '24'], ['held for sale', '-', '-195 ( 195 )'], ['asset retirement obligations as of december 31 ( a )', '$ 1102', '$ 965']]\n\nFollowing Text:\nasset retirement obligations as of december 31 ( a ) $ 1102 $ 965 ( a ) includes asset retirement obligation of $ 3 and $ 2 million classified as short-term at december 31 , 2009 , and 2008. .\n\nQuestion: what were total payments of long-term debt for the years 2010 - 2014 , in $ millions?",
        "solution": "2929"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VLO/2016/page_23.pdf\n\nID: VLO/2016/page_23.pdf-3\n\nPrevious Text:\ntable of contents the following table discloses purchases of shares of our common stock made by us or on our behalf during the fourth quarter of 2016 .\nperiod total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .\n\nTable Data:\n[['period', 'total numberof sharespurchased', 'averageprice paidper share', 'total number ofshares notpurchased as part ofpublicly announcedplans or programs ( a )', 'total number ofshares purchased aspart of publiclyannounced plans orprograms', 'approximate dollarvalue of shares thatmay yet be purchasedunder the plans orprograms ( b )'], ['october 2016', '433272', '$ 52.69', '50337', '382935', '$ 2.7 billion'], ['november 2016', '667644', '$ 62.25', '248349', '419295', '$ 2.6 billion'], ['december 2016', '1559569', '$ 66.09', '688', '1558881', '$ 2.5 billion'], ['total', '2660485', '$ 62.95', '299374', '2361111', '$ 2.5 billion']]\n\nFollowing Text:\n( a ) the shares reported in this column represent purchases settled in the fourth quarter of 2016 relating to ( i ) our purchases of shares in open-market transactions to meet our obligations under stock-based compensation plans , and ( ii ) our purchases of shares from our employees and non-employee directors in connection with the exercise of stock options , the vesting of restricted stock , and other stock compensation transactions in accordance with the terms of our stock-based compensation plans .\n( b ) on july 13 , 2015 , we announced that our board of directors authorized our purchase of up to $ 2.5 billion of our outstanding common stock .\nthis authorization has no expiration date .\nas of december 31 , 2016 , the approximate dollar value of shares that may yet be purchased under the 2015 authorization is $ 40 million .\non september 21 , 2016 , we announced that our board of directors authorized our purchase of up to an additional $ 2.5 billion of our outstanding common stock with no expiration date .\nas of december 31 , 2016 , no purchases have been made under the 2016 authorization. .\n\nQuestion: what is the percentage increase of shares purchased as part of publicly announced plans from nov 2016 to dec 2016?",
        "solution": "271.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_59.pdf\n\nID: SNA/2013/page_59.pdf-2\n\nPrevious Text:\nnet cash used by investing activities in 2013 also included $ 38.2 million for the may 13 , 2013 acquisition of challenger .\nsee note 2 to the consolidated financial statements for information on the challenger acquisition .\ncapital expenditures in 2013 , 2012 and 2011 totaled $ 70.6 million , $ 79.4 million and $ 61.2 million , respectively .\ncapital expenditures in 2013 included continued investments related to the company 2019s execution of its strategic value creation processes around safety , quality , customer connection , innovation and rci initiatives .\ncapital expenditures in all three years included spending to support the company 2019s strategic growth initiatives .\nin 2013 , the company continued to invest in new product , efficiency , safety and cost reduction initiatives to expand and improve its manufacturing capabilities worldwide .\nin 2012 , the company completed the construction of a fourth factory in kunshan , china , following the 2011 construction of a new engineering and research and development facility in kunshan .\ncapital expenditures in all three years also included investments , particularly in the united states , in new product , efficiency , safety and cost reduction initiatives , as well as investments in new production and machine tooling to enhance manufacturing operations , and ongoing replacements of manufacturing and distribution equipment .\ncapital spending in all three years also included spending for the replacement and enhancement of the company 2019s global enterprise resource planning ( erp ) management information systems , as well as spending to enhance the company 2019s corporate headquarters and research and development facilities in kenosha , wisconsin .\nsnap-on believes that its cash generated from operations , as well as its available cash on hand and funds available from its credit facilities will be sufficient to fund the company 2019s capital expenditure requirements in 2014 .\nfinancing activities net cash used by financing activities was $ 137.8 million in 2013 , $ 127.0 million in 2012 and $ 293.7 million in 2011 .\nnet cash used by financing activities in 2011 reflects the august 2011 repayment of $ 200 million of unsecured 6.25% ( 6.25 % ) notes upon maturity with available cash .\nproceeds from stock purchase and option plan exercises totaled $ 29.2 million in 2013 , $ 46.8 million in 2012 and $ 25.7 million in 2011 .\nsnap-on has undertaken stock repurchases from time to time to offset dilution created by shares issued for employee and franchisee stock purchase plans , stock options and other corporate purposes .\nin 2013 , snap-on repurchased 926000 shares of its common stock for $ 82.6 million under its previously announced share repurchase programs .\nas of 2013 year end , snap-on had remaining availability to repurchase up to an additional $ 191.7 million in common stock pursuant to its board of directors 2019 ( the 201cboard 201d ) authorizations .\nthe purchase of snap-on common stock is at the company 2019s discretion , subject to prevailing financial and market conditions .\nsnap-on repurchased 1180000 shares of its common stock for $ 78.1 million in 2012 ; snap-on repurchased 628000 shares of its common stock for $ 37.4 million in 2011 .\nsnap-on believes that its cash generated from operations , available cash on hand , and funds available from its credit facilities , will be sufficient to fund the company 2019s share repurchases , if any , in 2014 .\nsnap-on has paid consecutive quarterly cash dividends , without interruption or reduction , since 1939 .\ncash dividends paid in 2013 , 2012 and 2011 totaled $ 92.0 million , $ 81.5 million and $ 76.7 million , respectively .\non november 8 , 2013 , the company announced that its board increased the quarterly cash dividend by 15.8% ( 15.8 % ) to $ 0.44 per share ( $ 1.76 per share per year ) .\nquarterly dividends declared in 2013 were $ 0.44 per share in the fourth quarter and $ 0.38 per share in the first three quarters ( $ 1.58 per share for the year ) .\nquarterly dividends declared in 2012 were $ 0.38 per share in the fourth quarter and $ 0.34 per share in the first three quarters ( $ 1.40 per share for the year ) .\nquarterly dividends in 2011 were $ 0.34 per share in the fourth quarter and $ 0.32 per share in the first three quarters ( $ 1.30 per share for the year ) . .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['cash dividends paid per common share', '$ 1.58', '$ 1.40', '$ 1.30'], ['cash dividends paid as a percent of prior-year retained earnings', '4.5% ( 4.5 % )', '4.4% ( 4.4 % )', '4.7% ( 4.7 % )']]\n\nFollowing Text:\ncash dividends paid as a percent of prior-year retained earnings 4.5% ( 4.5 % ) 4.4% ( 4.4 % ) snap-on believes that its cash generated from operations , available cash on hand and funds available from its credit facilities will be sufficient to pay dividends in 2014 .\noff-balance-sheet arrangements except as included below in the section labeled 201ccontractual obligations and commitments 201d and note 15 to the consolidated financial statements , the company had no off-balance-sheet arrangements as of 2013 year end .\n2013 annual report 49 .\n\nQuestion: what was the average cash dividends paid per common share from 2011 to 2013",
        "solution": "1.426"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_25.pdf\n\nID: ETR/2017/page_25.pdf-4\n\nPrevious Text:\n( $ 66 million net-of-tax ) as a result of customer credits to be realized by electric customers of entergy louisiana , consistent with the terms of the stipulated settlement in the business combination proceeding .\nsee note 2 to the financial statements for further discussion of the business combination and customer credits .\nresults of operations for 2015 also include the sale in december 2015 of the 583 mw rhode island state energy center for a realized gain of $ 154 million ( $ 100 million net-of-tax ) on the sale and the $ 77 million ( $ 47 million net-of-tax ) write-off and regulatory charges to recognize that a portion of the assets associated with the waterford 3 replacement steam generator project is no longer probable of recovery .\nsee note 14 to the financial statements for further discussion of the rhode island state energy center sale .\nsee note 2 to the financial statements for further discussion of the waterford 3 replacement steam generator prudence review proceeding .\nnet revenue utility following is an analysis of the change in net revenue comparing 2016 to 2015 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2015 net revenue', '$ 5829'], ['retail electric price', '289'], ['louisiana business combination customer credits', '107'], ['volume/weather', '14'], ['louisiana act 55 financing savings obligation', '-17 ( 17 )'], ['other', '-43 ( 43 )'], ['2016 net revenue', '$ 6179']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to : 2022 an increase in base rates at entergy arkansas , as approved by the apsc .\nthe new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .\nthe increase included an interim base rate adjustment surcharge , effective with the first billing cycle of april 2016 , to recover the incremental revenue requirement for the period february 24 , 2016 through march 31 , 2016 .\na significant portion of the increase was related to the purchase of power block 2 of the union power station ; 2022 an increase in the purchased power and capacity acquisition cost recovery rider for entergy new orleans , as approved by the city council , effective with the first billing cycle of march 2016 , primarily related to the purchase of power block 1 of the union power station ; 2022 an increase in formula rate plan revenues for entergy louisiana , implemented with the first billing cycle of march 2016 , to collect the estimated first-year revenue requirement related to the purchase of power blocks 3 and 4 of the union power station ; and 2022 an increase in revenues at entergy mississippi , as approved by the mpsc , effective with the first billing cycle of july 2016 , and an increase in revenues collected through the storm damage rider .\nsee note 2 to the financial statements for further discussion of the rate proceedings .\nsee note 14 to the financial statements for discussion of the union power station purchase .\nthe louisiana business combination customer credits variance is due to a regulatory liability of $ 107 million recorded by entergy in october 2015 as a result of the entergy gulf states louisiana and entergy louisiana business combination .\nconsistent with the terms of the stipulated settlement in the business combination proceeding , electric customers of entergy louisiana will realize customer credits associated with the business combination ; accordingly , in october 2015 , entergy recorded a regulatory liability of $ 107 million ( $ 66 million net-of-tax ) .\nthese costs are being entergy corporation and subsidiaries management 2019s financial discussion and analysis .\n\nQuestion: what is the retail electric price as a percentage of net revenue in 2015?",
        "solution": "4.96%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2005/page_75.pdf\n\nID: AAPL/2005/page_75.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 2 2014financial instruments ( continued ) are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners .\nno customer accounted for more than 10% ( 10 % ) of trade receivables as of september 24 , 2005 or september 25 , 2004 .\nthe following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 24 , september 25 , september 27 .\n\nTable Data:\n[['', 'september 24 2005', 'september 25 2004', 'september 27 2003'], ['beginning allowance balance', '$ 47', '$ 49', '$ 51'], ['charged to costs and expenses', '8', '3', '4'], ['deductions ( a )', '-9 ( 9 )', '-5 ( 5 )', '-6 ( 6 )'], ['ending allowance balance', '$ 46', '$ 47', '$ 49']]\n\nFollowing Text:\n( a ) represents amounts written off against the allowance , net of recoveries .\nvendor 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 .\nthe company purchases these raw material components directly from suppliers .\nthese non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 417 million and $ 276 million as of september 24 , 2005 and september 25 , 2004 , respectively .\nthe 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 .\nderivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange and interest rate risk .\nforeign 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 .\nfrom time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt .\nthe company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .\nthe company records all derivatives on the balance sheet at fair value. .\n\nQuestion: what was the highest ending allowance balance , in millions?",
        "solution": "49"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2009/page_93.pdf\n\nID: IPG/2009/page_93.pdf-3\n\nPrevious Text:\npart iii item 10 .\ndirectors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 27 , 2010 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2009 , our ceo provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual .\nitem 11 .\nexecutive compensation the information required by this item is incorporated by reference to the 201ccompensation of executive officers 201d section , the 201cnon-management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation committee report 201d section of the proxy statement .\nitem 12 .\nsecurity ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2009 , which is provided in the following table .\nequity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 12 weighted-average exercise price of outstanding stock options ( b ) number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column a ) ( c ) 3 equity compensation plans approved by security holders .\n.\n.\n.\n.\n.\n.\n.\n.\n34317386 $ 16.11 52359299 equity compensation plans not approved by security holders 4 .\n.\n.\n.\n.\n612500 $ 27.53 2014 .\n\nTable Data:\n[['plan category', 'number of shares of common stock to be issued upon exercise of outstandingoptions warrants and rights ( a ) 12', 'weighted-average exercise price of outstanding stock options ( b )', 'number of securities remaining available for futureissuance under equity compensation plans ( excluding securities reflected in column a ) ( c ) 3'], ['equity compensation plans approved by security holders', '34317386', '$ 16.11', '52359299'], ['equity compensation plans not approved by security holders4', '612500', '$ 27.53', '2014'], ['total', '34929886', '$ 16.31', '52359299']]\n\nFollowing Text:\n1 includes a total of 6058967 performance-based share awards made under the 2004 , 2006 and 2009 performance incentive plan representing the target number of shares to be issued to employees following the completion of the 2007-2009 performance period ( the 201c2009 ltip share awards 201d ) , the 2008- 2010 performance period ( the 201c2010 ltip share awards 201d ) and the 2009-2011 performance period ( the 201c2011 ltip share awards 201d ) respectively .\nthe computation of the weighted-average exercise price in column ( b ) of this table does not take the 2009 ltip share awards , the 2010 ltip share awards or the 2011 ltip share awards into account .\n2 includes a total of 3914804 restricted share unit and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares or cash .\nthe computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account .\neach share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) .\n3 includes ( i ) 37885502 shares of common stock available for issuance under the 2009 performance incentive plan , ( ii ) 13660306 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 813491 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan .\n4 consists of special stock option grants awarded to certain true north executives following our acquisition of true north ( the 201ctrue north options 201d ) .\nthe true north options have an exercise price equal to the fair market value of interpublic 2019s common stock on the date of the grant .\nthe terms and conditions of these stock option awards are governed by interpublic 2019s 1997 performance incentive plan .\ngenerally , the options become exercisable between two and five years after the date of the grant and expire ten years from the grant date. .\n\nQuestion: what percentage of remaining securities are available for issuance under the 2009 non-management directors 2019 stock incentive plan .",
        "solution": "1.55%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2016/page_61.pdf\n\nID: ADI/2016/page_61.pdf-1\n\nPrevious Text:\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .\nthe company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .\nrecoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .\nif such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .\nif such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .\nwe have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .\nf .\ngoodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .\nthe company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .\nfor the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .\nthe performance of the test involves a two-step process .\nthe first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .\nthe company determines the fair value of its reporting units using a weighting of the income and market approaches .\nunder the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .\nfor the market approach , the company uses the guideline public company method .\nunder this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .\nin order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .\nif the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .\nthe second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .\nthere was no impairment of goodwill in any of the fiscal years presented .\nthe company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .\nthe following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: .\n\nTable Data:\n[['', '2016', '2015'], ['balance at beginning of year', '$ 1636526', '$ 1642438'], ['acquisition of hittite ( note 6 ) ( 1 )', '2014', '-1105 ( 1105 )'], ['goodwill adjustment related to other acquisitions ( 2 )', '44046', '3663'], ['foreign currency translation adjustment', '-1456 ( 1456 )', '-8470 ( 8470 )'], ['balance at end of year', '$ 1679116', '$ 1636526']]\n\nFollowing Text:\n( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .\n( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .\nintangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .\nrecoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .\n\nQuestion: what is the percentage change in the balance of goodwill from 2014 to 2015?",
        "solution": "-0.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2017/page_30.pdf\n\nID: ORLY/2017/page_30.pdf-3\n\nPrevious Text:\nstock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2012 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . .\n\nTable Data:\n[['company/index', 'december 31 , 2012', 'december 31 , 2013', 'december 31 , 2014', 'december 31 , 2015', 'december 31 , 2016', 'december 31 , 2017'], ['o 2019reilly automotive inc .', '$ 100', '$ 144', '$ 215', '$ 283', '$ 311', '$ 269'], ['s&p 500 retail index', '100', '144', '158', '197', '206', '265'], ['s&p 500', '$ 100', '$ 130', '$ 144', '$ 143', '$ 157', '$ 187']]\n\nFollowing Text:\n.\n\nQuestion: what is the roi of an investment in s&p500 from 2016 to 2017?",
        "solution": "19.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2005/page_56.pdf\n\nID: CE/2005/page_56.pdf-4\n\nPrevious Text:\nitem 4 .\nsubmission of matters to a vote of security holders no matters were submitted to a vote of security holders during the fourth quarter of 2005 .\npart ii item 5 .\nmarket for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our series a common stock has traded on the new york stock exchange under the symbol 2018 2018ce 2019 2019 since january 21 , 2005 .\nthe closing sale price of our series a common stock , as reported by the new york stock exchange , on march 6 , 2006 was $ 20.98 .\nthe following table sets forth the high and low intraday sales prices per share of our common stock , as reported by the new york stock exchange , for the periods indicated. .\n\nTable Data:\n[['2005', 'pricerange high', 'pricerange low'], ['quarterended march 312005', '$ 18.65', '$ 15.10'], ['quarter endedjune 302005', '$ 18.16', '$ 13.54'], ['quarter endedseptember 30 2005', '$ 20.06', '$ 15.88'], ['quarter endeddecember 312005', '$ 19.76', '$ 15.58']]\n\nFollowing Text:\nholders no shares of celanese 2019s series b common stock are issued and outstanding .\nas of march 6 , 2006 , there were 51 holders of record of our series a common stock , and one holder of record of our perpetual preferred stock .\nby including persons holding shares in broker accounts under street names , however , we estimate our shareholder base to be approximately 6800 as of march 6 , 2006 .\ndividend policy in july 2005 , our board of directors adopted a policy of declaring , subject to legally available funds , a quarterly cash dividend on each share of our common stock at an annual rate initially equal to approximately 1% ( 1 % ) of the $ 16 price per share in the initial public offering of our series a common stock ( or $ 0.16 per share ) unless our board of directors , in its sole discretion , determines otherwise , commencing the second quarter of 2005 .\npursuant to this policy , the company paid the quarterly dividends of $ 0.04 per share on august 11 , 2005 , november 1 , 2005 and february 1 , 2006 .\nbased on the number of outstanding shares of our series a common stock , the anticipated annual cash dividend is approximately $ 25 million .\nhowever , there is no assurance that sufficient cash will be available in the future to pay such dividend .\nfurther , such dividends payable to holders of our series a common stock cannot be declared or paid nor can any funds be set aside for the payment thereof , unless we have paid or set aside funds for the payment of all accumulated and unpaid dividends with respect to the shares of our preferred stock , as described below .\nour board of directors may , at any time , modify or revoke our dividend policy on our series a common stock .\nwe are required under the terms of the preferred stock to pay scheduled quarterly dividends , subject to legally available funds .\nfor so long as the preferred stock remains outstanding , ( 1 ) we will not declare , pay or set apart funds for the payment of any dividend or other distribution with respect to any junior stock or parity stock and ( 2 ) neither we , nor any of our subsidiaries , will , subject to certain exceptions , redeem , purchase or otherwise acquire for consideration junior stock or parity stock through a sinking fund or otherwise , in each case unless we have paid or set apart funds for the payment of all accumulated and unpaid dividends with respect to the shares of preferred stock and any parity stock for all preceding dividend periods .\npursuant to this policy , the company paid the quarterly dividends of $ 0.265625 on its 4.25% ( 4.25 % ) convertible perpetual preferred stock on august 1 , 2005 , november 1 , 2005 and february 1 , 2006 .\nthe anticipated annual cash dividend is approximately $ 10 million. .\n\nQuestion: what is the estimated number of shares of series a common stock based on the approximate cash dividend in millions",
        "solution": "156250000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HFC/2018/page_43.pdf\n\nID: HFC/2018/page_43.pdf-2\n\nPrevious Text:\ntable of content part ii item 5 .\nmarket for the registrant's common equity , related stockholder matters and issuer purchases of equity securities our common stock is traded on the new york stock exchange under the trading symbol 201chfc . 201d in september 2018 , our board of directors approved a $ 1 billion share repurchase program , which replaced all existing share repurchase programs , authorizing us to repurchase common stock in the open market or through privately negotiated transactions .\nthe timing and amount of stock repurchases will depend on market conditions and corporate , regulatory and other relevant considerations .\nthis program may be discontinued at any time by the board of directors .\nthe following table includes repurchases made under this program during the fourth quarter of 2018 .\nperiod total number of shares purchased average price paid per share total number of shares purchased as part of publicly announced plans or programs maximum dollar value of shares that may yet be purchased under the plans or programs .\n\nTable Data:\n[['period', 'total number ofshares purchased', 'average pricepaid per share', 'total number ofshares purchasedas part of publicly announced plans or programs', 'maximum dollarvalue of sharesthat may yet bepurchased under the plans or programs'], ['october 2018', '1360987', '$ 66.34', '1360987', '$ 859039458'], ['november 2018', '450000', '$ 61.36', '450000', '$ 831427985'], ['december 2018', '912360', '$ 53.93', '810000', '$ 787613605'], ['total for october to december 2018', '2723347', '', '2620987', '']]\n\nFollowing Text:\nduring the quarter ended december 31 , 2018 , 102360 shares were withheld from certain executives and employees under the terms of our share-based compensation agreements to provide funds for the payment of payroll and income taxes due at vesting of restricted stock awards .\nas of february 13 , 2019 , we had approximately 97419 stockholders , including beneficial owners holding shares in street name .\nwe intend to consider the declaration of a dividend on a quarterly basis , although there is no assurance as to future dividends since they are dependent upon future earnings , capital requirements , our financial condition and other factors. .\n\nQuestion: of total repurchases in october to december 2018 , what percentage of shares purchased were part of publicly announced plans or programs?",
        "solution": "96.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2005/page_64.pdf\n\nID: MSI/2005/page_64.pdf-1\n\nPrevious Text:\n57management's discussion and analysis of financial condition and results of operations facility include covenants relating to net interest coverage and total debt-to-book capitalization ratios .\nthe company was in compliance with the terms of the 3-year credit facility at december 31 , 2005 .\nthe company has never borrowed under its domestic revolving credit facilities .\nutilization of the non-u.s .\ncredit facilities may also be dependent on the company's ability to meet certain conditions at the time a borrowing is requested .\ncontractual obligations , guarantees , and other purchase commitments contractual obligations summarized in the table below are the company's obligations and commitments to make future payments under debt obligations ( assuming earliest possible exercise of put rights by holders ) , lease payment obligations , and purchase obligations as of december 31 , 2005 .\npayments due by period ( 1 ) ( in millions ) total 2006 2007 2008 2009 2010 thereafter .\n\nTable Data:\n[['( in millions )', 'payments due by period ( 1 ) total', 'payments due by period ( 1 ) 2006', 'payments due by period ( 1 ) 2007', 'payments due by period ( 1 ) 2008', 'payments due by period ( 1 ) 2009', 'payments due by period ( 1 ) 2010', 'payments due by period ( 1 ) thereafter'], ['long-term debt obligations', '$ 4033', '$ 119', '$ 1222', '$ 200', '$ 2', '$ 529', '$ 1961'], ['lease obligations', '1150', '438', '190', '134', '109', '84', '195'], ['purchase obligations', '992', '418', '28', '3', '2', '2', '539'], ['total contractual obligations', '$ 6175', '$ 975', '$ 1440', '$ 337', '$ 113', '$ 615', '$ 2695']]\n\nFollowing Text:\n( 1 ) amounts included represent firm , non-cancelable commitments .\ndebt obligations : at december 31 , 2005 , the company's long-term debt obligations , including current maturities and unamortized discount and issue costs , totaled $ 4.0 billion , as compared to $ 5.0 billion at december 31 , 2004 .\na table of all outstanding long-term debt securities can be found in note 4 , \"\"debt and credit facilities'' to the company's consolidated financial statements .\nas previously discussed , the decrease in the long- term debt obligations as compared to december 31 , 2004 , was due to the redemptions and repurchases of $ 1.0 billion principal amount of outstanding securities during 2005 .\nalso , as previously discussed , the remaining $ 118 million of 7.6% ( 7.6 % ) notes due january 1 , 2007 were reclassified to current maturities of long-term debt .\nlease obligations : the company owns most of its major facilities , but does lease certain office , factory and warehouse space , land , and information technology and other equipment under principally non-cancelable operating leases .\nat december 31 , 2005 , future minimum lease obligations , net of minimum sublease rentals , totaled $ 1.2 billion .\nrental expense , net of sublease income , was $ 254 million in 2005 , $ 217 million in 2004 and $ 223 million in 2003 .\npurchase obligations : the company has entered into agreements for the purchase of inventory , license of software , promotional agreements , and research and development agreements which are firm commitments and are not cancelable .\nthe longest of these agreements extends through 2015 .\ntotal payments expected to be made under these agreements total $ 992 million .\ncommitments under other long-term agreements : the company has entered into certain long-term agreements to purchase software , components , supplies and materials from suppliers .\nmost of the agreements extend for periods of one to three years ( three to five years for software ) .\nhowever , generally these agreements do not obligate the company to make any purchases , and many permit the company to terminate the agreement with advance notice ( usually ranging from 60 to 180 days ) .\nif the company were to terminate these agreements , it generally would be liable for certain termination charges , typically based on work performed and supplier on-hand inventory and raw materials attributable to canceled orders .\nthe company's liability would only arise in the event it terminates the agreements for reasons other than \"\"cause.'' in 2003 , the company entered into outsourcing contracts for certain corporate functions , such as benefit administration and information technology related services .\nthese contracts generally extend for 10 years and are expected to expire in 2013 .\nthe total payments under these contracts are approximately $ 3 billion over 10 years ; however , these contracts can be terminated .\ntermination would result in a penalty substantially less than the annual contract payments .\nthe company would also be required to find another source for these services , including the possibility of performing them in-house .\nas is customary in bidding for and completing network infrastructure projects and pursuant to a practice the company has followed for many years , the company has a number of performance/bid bonds and standby letters of credit outstanding , primarily relating to projects of government and enterprise mobility solutions segment and the networks segment .\nthese instruments normally have maturities of up to three years and are standard in the .\n\nQuestion: what was the percentage change in total contractual obligations from 2006 to 2010?",
        "solution": "-36.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2019/page_49.pdf\n\nID: WRK/2019/page_49.pdf-4\n\nPrevious Text:\ncredit facilities .\nas such , our foreign cash and cash equivalents are not expected to be a key source of liquidity to our domestic operations .\nat september 30 , 2019 , we had approximately $ 2.9 billion of availability under our committed credit facilities , primarily under our revolving credit facility , the majority of which matures on july 1 , 2022 .\nthis liquidity may be used to provide for ongoing working capital needs and for other general corporate purposes , including acquisitions , dividends and stock repurchases .\ncertain restrictive covenants govern our maximum availability under the credit facilities .\nwe test and report our compliance with these covenants as required and we were in compliance with all of these covenants at september 30 , 2019 .\nat september 30 , 2019 , we had $ 129.8 million of outstanding letters of credit not drawn cash and cash equivalents were $ 151.6 million at september 30 , 2019 and $ 636.8 million at september 30 , 2018 .\nwe 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 .\nprimarily all of the cash and cash equivalents at september 30 , 2019 were held outside of the u.s .\nat september 30 , 2019 , total debt was $ 10063.4 million , $ 561.1 million of which was current .\nat september 30 , 2018 , total debt was $ 6415.2 million , $ 740.7 million of which was current .\nthe increase in debt was primarily related to the kapstone acquisition .\ncash flow activity .\n\nTable Data:\n[['( in millions )', 'year ended september 30 , 2019', 'year ended september 30 , 2018'], ['net cash provided by operating activities', '$ 2310.2', '$ 1931.2'], ['net cash used for investing activities', '$ -4579.6 ( 4579.6 )', '$ -815.1 ( 815.1 )'], ['net cash provided by ( used for ) financing activities', '$ 1780.2', '$ -755.1 ( 755.1 )']]\n\nFollowing Text:\nnet cash provided by operating activities during fiscal 2019 increased $ 379.0 million from fiscal 2018 primarily due to higher cash earnings and a $ 340.3 million net decrease in the use of working capital compared to the prior year .\nas a result of the retrospective adoption of asu 2016-15 and asu 2016-18 ( each as hereinafter defined ) as discussed in 201cnote 1 .\ndescription of business and summary of significant accounting policies 201d of the notes to consolidated financial statements , net cash provided by operating activities for fiscal 2018 was reduced by $ 489.7 million and cash provided by investing activities increased $ 483.8 million , primarily for the change in classification of proceeds received for beneficial interests obtained for transferring trade receivables in securitization transactions .\nnet cash used for investing activities of $ 4579.6 million in fiscal 2019 consisted primarily of $ 3374.2 million for cash paid for the purchase of businesses , net of cash acquired ( excluding the assumption of debt ) , primarily related to the kapstone acquisition , and $ 1369.1 million for capital expenditures that were partially offset by $ 119.1 million of proceeds from the sale of property , plant and equipment primarily related to the sale of our atlanta beverage facility , $ 33.2 million of proceeds from corporate owned life insurance benefits and $ 25.5 million of proceeds from property , plant and equipment insurance proceeds related to the panama city , fl mill .\nnet cash used for investing activities of $ 815.1 million in fiscal 2018 consisted primarily of $ 999.9 million for capital expenditures , $ 239.9 million for cash paid for the purchase of businesses , net of cash acquired primarily related to the plymouth acquisition and the schl fcter acquisition , and $ 108.0 million for an investment in grupo gondi .\nthese investments were partially offset by $ 461.6 million of cash receipts on sold trade receivables as a result of the adoption of asu 2016-15 , $ 24.0 million of proceeds from the sale of certain affiliates as well as our solid waste management brokerage services business and $ 23.3 million of proceeds from the sale of property , plant and equipment .\nin fiscal 2019 , net cash provided by financing activities of $ 1780.2 million consisted primarily of a net increase in debt of $ 2314.6 million , primarily related to the kapstone acquisition and partially offset by cash dividends paid to stockholders of $ 467.9 million and purchases of common stock of $ 88.6 million .\nin fiscal 2018 , net cash used for financing activities of $ 755.1 million consisted primarily of cash dividends paid to stockholders of $ 440.9 million and purchases of common stock of $ 195.1 million and net repayments of debt of $ 120.1 million. .\n\nQuestion: what percent of the cash used for investing activities was used for the purchase of businesses?",
        "solution": "73.68%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_159.pdf\n\nID: C/2008/page_159.pdf-1\n\nPrevious Text:\nthe company is currently under audit by the internal revenue service and other major taxing jurisdictions around the world .\nit is thus reasonably possible that significant changes in the gross balance of unrecognized tax benefits may occur within the next 12 months , but the company does not expect such audits to result in amounts that would cause a significant change to its effective tax rate , other than the following items .\nthe company is currently at irs appeals for the years 1999 20132002 .\none of the issues relates to the timing of the inclusion of interchange fees received by the company relating to credit card purchases by its cardholders .\nit is reasonably possible that within the next 12 months the company can either reach agreement on this issue at appeals or decide to litigate the issue .\nthis issue is presently being litigated by another company in a united states tax court case .\nthe gross uncertain tax position for this item at december 31 , 2008 is $ 542 million .\nsince this is a temporary difference , the only effect to the company 2019s effective tax rate would be due to net interest and state tax rate differentials .\nif the reserve were to be released , the tax benefit could be as much as $ 168 million .\nin addition , the company expects to conclude the irs audit of its u.s .\nfederal consolidated income tax returns for the years 2003 20132005 within the next 12 months .\nthe gross uncertain tax position at december 31 , 2008 for the items expected to be resolved is approximately $ 350 million plus gross interest of $ 70 million .\nthe potential net tax benefit to continuing operations could be approximately $ 325 million .\nthe following are the major tax jurisdictions in which the company and its affiliates operate and the earliest tax year subject to examination: .\n\nTable Data:\n[['jurisdiction', 'tax year'], ['united states', '2003'], ['mexico', '2006'], ['new york state and city', '2005'], ['united kingdom', '2007'], ['germany', '2000'], ['korea', '2005'], ['japan', '2006'], ['brazil', '2004']]\n\nFollowing Text:\nforeign pretax earnings approximated $ 10.3 billion in 2008 , $ 9.1 billion in 2007 , and $ 13.6 billion in 2006 ( $ 5.1 billion , $ 0.7 billion and $ 0.9 billion of which , respectively , are in discontinued operations ) .\nas a u.s .\ncorporation , citigroup and its u.s .\nsubsidiaries are subject to u.s .\ntaxation currently on all foreign pretax earnings earned by a foreign branch .\npretax earnings of a foreign subsidiary or affiliate are subject to u.s .\ntaxation when effectively repatriated .\nthe company provides income taxes on the undistributed earnings of non-u.s .\nsubsidiaries except to the extent that such earnings are indefinitely invested outside the united states .\nat december 31 , 2008 , $ 22.8 billion of accumulated undistributed earnings of non-u.s .\nsubsidiaries were indefinitely invested .\nat the existing u.s .\nfederal income tax rate , additional taxes ( net of u.s .\nforeign tax credits ) of $ 6.1 billion would have to be provided if such earnings were remitted currently .\nthe current year 2019s effect on the income tax expense from continuing operations is included in the foreign income tax rate differential line in the reconciliation of the federal statutory rate to the company 2019s effective income tax rate on the previous page .\nincome taxes are not provided for on the company 2019s savings bank base year bad debt reserves that arose before 1988 because under current u.s .\ntax rules such taxes will become payable only to the extent such amounts are distributed in excess of limits prescribed by federal law .\nat december 31 , 2008 , the amount of the base year reserves totaled approximately $ 358 million ( subject to a tax of $ 125 million ) .\nthe company has no valuation allowance on deferred tax assets at december 31 , 2008 and december 31 , 2007 .\nat december 31 , 2008 , the company had a u.s .\nforeign tax-credit carryforward of $ 10.5 billion , $ 0.4 billion whose expiry date is 2016 , $ 5.3 billion whose expiry date is 2017 and $ 4.8 billion whose expiry date is 2018 .\nthe company has a u.s federal consolidated net operating loss ( nol ) carryforward of approximately $ 13 billion whose expiration date is 2028 .\nthe company also has a general business credit carryforward of $ 0.6 billion whose expiration dates are 2027-2028 .\nthe company has state and local net operating loss carryforwards of $ 16.2 billion and $ 4.9 billion in new york state and new york city , respectively .\nthis consists of $ 2.4 billion and $ 1.2 billion , whose expiration date is 2027 and $ 13.8 billion and $ 3.7 billion whose expiration date is 2028 and for which the company has recorded a deferred-tax asset of $ 1.2 billion , along with less significant net operating losses in various other states for which the company has recorded a deferred-tax asset of $ 399 million and which expire between 2012 and 2028 .\nin addition , the company has recorded deferred-tax assets in apb 23 subsidiaries for foreign net operating loss carryforwards of $ 130 million ( which expires in 2018 ) and $ 101 million ( with no expiration ) .\nalthough realization is not assured , the company believes that the realization of the recognized net deferred tax asset of $ 44.5 billion is more likely than not based on expectations as to future taxable income in the jurisdictions in which it operates and available tax planning strategies , as defined in sfas 109 , that could be implemented if necessary to prevent a carryforward from expiring .\nthe company 2019s net deferred tax asset ( dta ) of $ 44.5 billion consists of approximately $ 36.5 billion of net u.s .\nfederal dtas , $ 4 billion of net state dtas and $ 4 billion of net foreign dtas .\nincluded in the net federal dta of $ 36.5 billion are deferred tax liabilities of $ 4 billion that will reverse in the relevant carryforward period and may be used to support the dta .\nthe major components of the u.s .\nfederal dta are $ 10.5 billion in foreign tax-credit carryforwards , $ 4.6 billion in a net-operating-loss carryforward , $ 0.6 billion in a general-business-credit carryforward , $ 19.9 billion in net deductions that have not yet been taken on a tax return , and $ 0.9 billion in compensation deductions , which reduced additional paid-in capital in january 2009 and for which sfas 123 ( r ) did not permit any adjustment to such dta at december 31 , 2008 because the related stock compensation was not yet deductible to the company .\nin general , citigroup would need to generate approximately $ 85 billion of taxable income during the respective carryforward periods to fully realize its federal , state and local dtas. .\n\nQuestion: what percent of foreign pretax earnings in 2008 were from discontinued operations?",
        "solution": "50%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2010/page_118.pdf\n\nID: AMT/2010/page_118.pdf-1\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements mexico litigation 2014one of the company 2019s subsidiaries , spectrasite communications , inc .\n( 201csci 201d ) , is involved in a lawsuit brought in mexico against a former mexican subsidiary of sci ( the subsidiary of sci was sold in 2002 , prior to the company 2019s merger with sci 2019s parent in 2005 ) .\nthe lawsuit concerns a terminated tower construction contract and related agreements with a wireless carrier in mexico .\nthe primary issue for the company is whether sci itself can be found liable to the mexican carrier .\nthe trial and lower appellate courts initially found that sci had no such liability in part because mexican courts do not have the necessary jurisdiction over sci .\nfollowing several decisions by mexican appellate courts , including the supreme court of mexico , and related appeals by both parties , an intermediate appellate court issued a new decision that would , if enforceable , reimpose liability on sci in september 2010 .\nin its decision , the intermediate appellate court identified potential damages of approximately $ 6.7 million , and on october 14 , 2010 , the company filed a new constitutional appeal to again dispute the decision .\nas a result , at this stage of the proceeding , the company is unable to determine whether the liability imposed on sci by the september 2010 decision will survive or to estimate its share , if any , of that potential liability if the decision survives the pending appeal .\nxcel litigation 2014on june 3 , 2010 , horse-shoe capital ( 201chorse-shoe 201d ) , a company formed under the laws of the republic of mauritius , filed a complaint in the supreme court of the state of new york , new york county , with respect to horse-shoe 2019s sale of xcel to american tower mauritius ( 201catmauritius 201d ) , the company 2019s wholly-owned subsidiary formed under the laws of the republic of mauritius .\nthe complaint names atmauritius , ati and the company as defendants , and the dispute concerns the timing and amount of distributions to be made by atmauritius to horse-shoe from a $ 7.5 million holdback escrow account and a $ 15.7 million tax escrow account , each established by the transaction agreements at closing .\nthe complaint seeks release of the entire holdback escrow account , plus an additional $ 2.8 million , as well as the release of approximately $ 12.0 million of the tax escrow account .\nthe complaint also seeks punitive damages in excess of $ 69.0 million .\nthe company filed an answer to the complaint in august 2010 , disputing both the amounts alleged to be owed under the escrow agreements as well as the timing of the escrow distributions .\nthe company also asserted in its answer that the demand for punitive damages is meritless .\nthe parties have filed cross-motions for summary judgment concerning the release of the tax escrow account and in january 2011 the court granted the company 2019s motion for summary judgment , finding no obligation for the company to release the disputed portion of the tax escrow until 2013 .\nother claims are pending .\nthe company is vigorously defending the lawsuit .\nlease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms .\nmany of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option .\nescalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are recognized on a straight-line basis over the non-cancellable term of the lease .\nfuture minimum rental payments under non-cancellable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease .\nsuch payments in effect at december 31 , 2010 are as follows ( in thousands ) : year ending december 31 .\n\nTable Data:\n[['2011', '$ 257971'], ['2012', '254575'], ['2013', '251268'], ['2014', '246392'], ['2015', '238035'], ['thereafter', '2584332'], ['total', '$ 3832573']]\n\nFollowing Text:\n.\n\nQuestion: what was the percent of the total future minimum rental payments under non-cancellable that was due in 2015",
        "solution": "6.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_154.pdf\n\nID: GS/2012/page_154.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements note 9 .\ncollateralized agreements and financings collateralized agreements are securities purchased under agreements to resell ( resale agreements or reverse repurchase agreements ) and securities borrowed .\ncollateralized financings are securities sold under agreements to repurchase ( repurchase agreements ) , securities loaned and other secured financings .\nthe firm enters into these transactions in order to , among other things , facilitate client activities , invest excess cash , acquire securities to cover short positions and finance certain firm activities .\ncollateralized agreements and financings are presented on a net-by-counterparty basis when a legal right of setoff exists .\ninterest on collateralized agreements and collateralized financings is recognized over the life of the transaction and included in 201cinterest income 201d and 201cinterest expense , 201d respectively .\nsee note 23 for further information about interest income and interest expense .\nthe table below presents the carrying value of resale and repurchase agreements and securities borrowed and loaned transactions. .\n\nTable Data:\n[['in millions', 'as of december 2012', 'as of december 2011'], ['securities purchased under agreements toresell1', '$ 141334', '$ 187789'], ['securities borrowed2', '136893', '153341'], ['securities sold under agreements torepurchase1', '171807', '164502'], ['securitiesloaned2', '13765', '7182']]\n\nFollowing Text:\nin millions 2012 2011 securities purchased under agreements to resell 1 $ 141334 $ 187789 securities borrowed 2 136893 153341 securities sold under agreements to repurchase 1 171807 164502 securities loaned 2 13765 7182 1 .\nsubstantially all resale and repurchase agreements are carried at fair value under the fair value option .\nsee note 8 for further information about the valuation techniques and significant inputs used to determine fair value .\n2 .\nas of december 2012 and december 2011 , $ 38.40 billion and $ 47.62 billion of securities borrowed , and $ 1.56 billion and $ 107 million of securities loaned were at fair value , respectively .\nresale and repurchase agreements a resale agreement is a transaction in which the firm purchases financial instruments from a seller , typically in exchange for cash , and simultaneously enters into an agreement to resell the same or substantially the same financial instruments to the seller at a stated price plus accrued interest at a future date .\na repurchase agreement is a transaction in which the firm sells financial instruments to a buyer , typically in exchange for cash , and simultaneously enters into an agreement to repurchase the same or substantially the same financial instruments from the buyer at a stated price plus accrued interest at a future date .\nthe financial instruments purchased or sold in resale and repurchase agreements typically include u.s .\ngovernment and federal agency , and investment-grade sovereign obligations .\nthe firm receives financial instruments purchased under resale agreements , makes delivery of financial instruments sold under repurchase agreements , monitors the market value of these financial instruments on a daily basis , and delivers or obtains additional collateral due to changes in the market value of the financial instruments , as appropriate .\nfor resale agreements , the firm typically requires delivery of collateral with a fair value approximately equal to the carrying value of the relevant assets in the consolidated statements of financial condition .\neven though repurchase and resale agreements involve the legal transfer of ownership of financial instruments , they are accounted for as financing arrangements because they require the financial instruments to be repurchased or resold at the maturity of the agreement .\nhowever , 201crepos to maturity 201d are accounted for as sales .\na repo to maturity is a transaction in which the firm transfers a security under an agreement to repurchase the security where the maturity date of the repurchase agreement matches the maturity date of the underlying security .\ntherefore , the firm effectively no longer has a repurchase obligation and has relinquished control over the underlying security and , accordingly , accounts for the transaction as a sale .\nthe firm had no repos to maturity outstanding as of december 2012 or december 2011 .\n152 goldman sachs 2012 annual report .\n\nQuestion: what was the change in millions of securities purchased under agreements to resell between 2011 and 2012?",
        "solution": "-46455"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2008/page_18.pdf\n\nID: HUM/2008/page_18.pdf-4\n\nPrevious Text:\nva health care delivery system through our network of providers .\nwe are compensated by the va for the cost of our providers 2019 services at a specified contractual amount per service plus an additional administrative fee for each transaction .\nthe contract , under which we began providing services on january 1 , 2008 , is comprised of one base period and four one-year option periods subject to renewals at the federal government 2019s option .\nwe are currently in the first option period , which expires on september 30 , 2009 .\nfor the year ended december 31 , 2008 , revenues under this va contract were approximately $ 22.7 million , or less than 1% ( 1 % ) of our total premium and aso fees .\nfor the year ended december 31 , 2008 , military services premium revenues were approximately $ 3.2 billion , or 11.3% ( 11.3 % ) of our total premiums and aso fees , and military services aso fees totaled $ 76.8 million , or 0.3% ( 0.3 % ) of our total premiums and aso fees .\ninternational and green ribbon health operations in august 2006 , we established our subsidiary humana europe in the united kingdom to provide commissioning support to primary care trusts , or pcts , in england .\nunder the contracts we are awarded , we work in partnership with local pcts , health care providers , and patients to strengthen health-service delivery and to implement strategies at a local level to help the national health service enhance patient experience , improve clinical outcomes , and reduce costs .\nfor the year ended december 31 , 2008 , revenues under these contracts were approximately $ 7.7 million , or less than 1% ( 1 % ) of our total premium and aso fees .\nwe participated in a medicare health support pilot program through green ribbon health , or grh , a joint- venture company with pfizer health solutions inc .\ngrh was designed to support cms assigned medicare beneficiaries living with diabetes and/or congestive heart failure in central florida .\ngrh used disease management initiatives , including evidence-based clinical guidelines , personal self-directed change strategies , and personal nurses to help participants navigate the health system .\nrevenues under the contract with cms over the period which began november 1 , 2005 and ended august 15 , 2008 are subject to refund unless savings , satisfaction , and clinical improvement targets are met .\nunder the terms of the contract , after a claims run-out period , cms is required to deliver a performance report during the third quarter of 2009 .\nto date , all revenues have been deferred until reliable estimates are determinable , and revenues are not expected to be material when recognized .\nour products marketed to commercial segment employers and members smart plans and other consumer products over the last several years , we have developed and offered various commercial products designed to provide options and choices to employers that are annually facing substantial premium increases driven by double-digit medical cost inflation .\nthese smart plans , discussed more fully below , and other consumer offerings , which can be offered on either a fully-insured or aso basis , provided coverage to approximately 670000 members at december 31 , 2008 , representing approximately 18.5% ( 18.5 % ) of our total commercial medical membership as detailed below .\nsmart plans and other consumer membership other commercial membership commercial medical membership .\n\nTable Data:\n[['', 'smart plans and other consumer membership', 'other commercial membership', 'commercial medical membership'], ['fully-insured', '392500', '1586300', '1978800'], ['aso', '277500', '1364500', '1642000'], ['total commercial medical', '670000', '2950800', '3620800']]\n\nFollowing Text:\nthese products are often offered to employer groups as 201cbundles 201d , where the subscribers are offered various hmo and ppo options , with various employer contribution strategies as determined by the employer. .\n\nQuestion: at december 31 , 2008 what was the percent of the fully-insured to the total commercial medical smart plans and other consumer membership",
        "solution": "58.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2014/page_127.pdf\n\nID: JPM/2014/page_127.pdf-1\n\nPrevious Text:\njpmorgan chase & co./2014 annual report 125 lending-related commitments the firm uses lending-related financial instruments , such as commitments ( including revolving credit facilities ) and guarantees , to meet the financing needs of its customers .\nthe contractual amounts of these financial instruments represent the maximum possible credit risk should the counterparties draw down on these commitments or the firm fulfills its obligations under these guarantees , and the counterparties subsequently fail to perform according to the terms of these contracts .\nin the firm 2019s view , the total contractual amount of these wholesale lending-related commitments is not representative of the firm 2019s actual future credit exposure or funding requirements .\nin determining the amount of credit risk exposure the firm has to wholesale lending-related commitments , which is used as the basis for allocating credit risk capital to these commitments , the firm has established a 201cloan-equivalent 201d amount for each commitment ; this amount represents the portion of the unused commitment or other contingent exposure that is expected , based on average portfolio historical experience , to become drawn upon in an event of a default by an obligor .\nthe loan-equivalent amount of the firm 2019s lending- related commitments was $ 229.6 billion and $ 218.9 billion as of december 31 , 2014 and 2013 , respectively .\nclearing services the firm provides clearing services for clients entering into securities and derivative transactions .\nthrough the provision of these services the firm is exposed to the risk of non-performance by its clients and may be required to share in losses incurred by central counterparties ( 201cccps 201d ) .\nwhere possible , the firm seeks to mitigate its credit risk to its clients through the collection of adequate margin at inception and throughout the life of the transactions and can also cease provision of clearing services if clients do not adhere to their obligations under the clearing agreement .\nfor further discussion of clearing services , see note 29 .\nderivative contracts in the normal course of business , the firm uses derivative instruments predominantly for market-making activities .\nderivatives enable customers to manage exposures to fluctuations in interest rates , currencies and other markets .\nthe firm also uses derivative instruments to manage its own credit exposure .\nthe nature of the counterparty and the settlement mechanism of the derivative affect the credit risk to which the firm is exposed .\nfor otc derivatives the firm is exposed to the credit risk of the derivative counterparty .\nfor exchange-traded derivatives ( 201cetd 201d ) such as futures and options , and 201ccleared 201d over-the-counter ( 201cotc-cleared 201d ) derivatives , the firm is generally exposed to the credit risk of the relevant ccp .\nwhere possible , the firm seeks to mitigate its credit risk exposures arising from derivative transactions through the use of legally enforceable master netting arrangements and collateral agreements .\nfor further discussion of derivative contracts , counterparties and settlement types , see note 6 .\nthe following table summarizes the net derivative receivables for the periods presented .\nderivative receivables .\n\nTable Data:\n[['december 31 ( in millions )', '2014', '2013'], ['interest rate', '$ 33725', '$ 25782'], ['credit derivatives', '1838', '1516'], ['foreign exchange', '21253', '16790'], ['equity', '8177', '12227'], ['commodity', '13982', '9444'], ['total net of cash collateral', '78975', '65759'], ['liquid securities and other cash collateral held against derivative receivables', '-19604 ( 19604 )', '-14435 ( 14435 )'], ['total net of all collateral', '$ 59371', '$ 51324']]\n\nFollowing Text:\nderivative receivables reported on the consolidated balance sheets were $ 79.0 billion and $ 65.8 billion at december 31 , 2014 and 2013 , respectively .\nthese amounts represent the fair value of the derivative contracts , after giving effect to legally enforceable master netting agreements and cash collateral held by the firm .\nhowever , in management 2019s view , the appropriate measure of current credit risk should also take into consideration additional liquid securities ( primarily u.s .\ngovernment and agency securities and other g7 government bonds ) and other cash collateral held by the firm aggregating $ 19.6 billion and $ 14.4 billion at december 31 , 2014 and 2013 , respectively , that may be used as security when the fair value of the client 2019s exposure is in the firm 2019s favor .\nin addition to the collateral described in the preceding paragraph , the firm also holds additional collateral ( primarily : cash ; g7 government securities ; other liquid government-agency and guaranteed securities ; and corporate debt and equity securities ) delivered by clients at the initiation of transactions , as well as collateral related to contracts that have a non-daily call frequency and collateral that the firm has agreed to return but has not yet settled as of the reporting date .\nalthough this collateral does not reduce the balances and is not included in the table above , it is available as security against potential exposure that could arise should the fair value of the client 2019s derivative transactions move in the firm 2019s favor .\nas of december 31 , 2014 and 2013 , the firm held $ 48.6 billion and $ 50.8 billion , respectively , of this additional collateral .\nthe prior period amount has been revised to conform with the current period presentation .\nthe derivative receivables fair value , net of all collateral , also does not include other credit enhancements , such as letters of credit .\nfor additional information on the firm 2019s use of collateral agreements , see note 6. .\n\nQuestion: what was the ratio of the derivative receivables reported on the consolidated balance sheets for 2014 to 2013",
        "solution": "1.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2004/page_90.pdf\n\nID: AMT/2004/page_90.pdf-2\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) other debt repurchases 2014during the year ended december 31 , 2004 , in addition to the redemptions discussed above , the company repurchased in privately negotiated transactions an aggregate of $ 309.7 million face amount of its ati 12.25% ( 12.25 % ) notes ( $ 179.4 million accreted value , net of $ 14.7 million fair value allocated to warrants ) for approximately $ 230.9 million in cash ; repurchased $ 112.1 million principal amount of its 93 20448% ( 20448 % ) notes for $ 118.9 million in cash ; and repurchased $ 73.7 million principal amount of its 5.0% ( 5.0 % ) notes for approximately $ 73.3 million in cash .\nas a consequence of these transactions , the company recorded an aggregate charge of $ 66.4 million related to the write-off of deferred financing fees and amounts paid in excess of carrying value .\nsuch loss is reflected in loss on retirement of long-term obligations in the accompanying condensed consolidated statement of operations for the year ended december 31 , 2004 .\n2.25% ( 2.25 % ) convertible notes repurchases 2014during the year ended december 31 , 2003 , the company repurchased an aggregate of $ 215.0 million accreted value ( $ 269.8 million face value ) of its 2.25% ( 2.25 % ) notes in exchange for an aggregate of 8415984 shares of class a common stock and $ 166.4 million in cash , including $ 84.2 million accreted value ( $ 104.9 million face amount ) of 2.25% ( 2.25 % ) notes repurchased in the company 2019s cash tender offer in october 2003 .\nthe shares issued to noteholders included an aggregate of 6440636 shares of class a common stock issued to such holders in addition to the amounts issuable upon conversion of those notes as provided in the applicable indentures .\nthe company made these repurchases pursuant to negotiated transactions with a limited number of note holders .\nas a consequence of these transactions , the company recorded charges of approximately $ 41.4 million during the year ended december 31 , 2003 , which primarily represent the fair market value of the shares of stock issued to the note holders in excess of the number of shares originally issuable upon conversion of the notes , as well as cash paid in excess of the related debt retired .\nthese charges are included in loss on retirement of long-term obligations in the accompanying consolidated statement of operations for the year ended december 31 , 2003 .\ncapital lease obligations and notes payable 2014the company 2019s capital lease obligations and notes payable approximated $ 60.0 million and $ 58.7 million as of december 31 , 2004 and 2003 , respectively .\nthese obligations bear interest at rates ranging from 7.9% ( 7.9 % ) to 12.0% ( 12.0 % ) and mature in periods ranging from less than one year to approximately seventy years .\nmaturities 2014as of december 31 , 2004 , aggregate principal payments of long-term debt , including capital leases , for the next five years and thereafter are estimated to be ( in thousands ) : year ending december 31 .\n\nTable Data:\n[['2005', '$ 138386'], ['2006', '42498'], ['2007', '332241'], ['2008', '561852'], ['2009', '205402'], ['thereafter', '2206476'], ['total cash obligations', '3486855'], ['accreted value of original issue discount of the ati 12.25% ( 12.25 % ) notes', '-172909 ( 172909 )'], ['accreted value of the related warrants', '-21588 ( 21588 )'], ['accreted value of the discount and premium of 3.00% ( 3.00 % ) notes and 7.125% ( 7.125 % ) notes', '1256'], ['balance as of december 31 2004', '$ 3293614']]\n\nFollowing Text:\nthe holders of the company 2019s 5.0% ( 5.0 % ) notes have the right to require the company to repurchase their notes on specified dates prior to the maturity date in 2010 , but the company may pay the purchase price by issuing shares of class a common stock , subject to certain conditions .\nobligations with respect to the right of the holders to put the 5.0% ( 5.0 % ) notes have been included in the table above as if such notes mature the date on which the put rights become exercisable in 2007. .\n\nQuestion: what percentage of total cash obligations are due in 2005?",
        "solution": "4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2005/page_39.pdf\n\nID: AAPL/2005/page_39.pdf-2\n\nPrevious Text:\nthe company orders components for its products and builds inventory in advance of product shipments .\nbecause the company 2019s markets are volatile and subject to rapid technology and price changes , there is a risk the company will forecast incorrectly and produce or order from third-parties excess or insufficient inventories of particular products or components .\nthe company 2019s operating results and financial condition in the past have been and may in the future be materially adversely affected by the company 2019s ability to manage its inventory levels and outstanding purchase commitments and to respond to short-term shifts in customer demand patterns .\ngross margin declined in 2004 to 27.3% ( 27.3 % ) of net sales from 27.5% ( 27.5 % ) of net sales in 2003 .\nthe company 2019s gross margin during 2004 declined due to an increase in mix towards lower margin ipod and ibook sales , pricing actions on certain power macintosh g5 models that were transitioned during the beginning of 2004 , higher warranty costs on certain portable macintosh products , and higher freight and duty costs during 2004 .\nthese unfavorable factors were partially offset by an increase in direct sales and a 39% ( 39 % ) year-over-year increase in higher margin software sales .\noperating expenses operating expenses for each of the last three fiscal years are as follows ( in millions , except for percentages ) : september 24 , september 25 , september 27 , 2005 2004 2003 .\n\nTable Data:\n[['', 'september 24 2005', 'september 25 2004', 'september 27 2003'], ['research and development', '$ 534', '$ 489', '$ 471'], ['percentage of net sales', '4% ( 4 % )', '6% ( 6 % )', '8% ( 8 % )'], ['selling general and administrative expenses', '$ 1859', '$ 1421', '$ 1212'], ['percentage of net sales', '13% ( 13 % )', '17% ( 17 % )', '20% ( 20 % )'], ['restructuring costs', '$ 2014', '$ 23', '$ 26']]\n\nFollowing Text:\nresearch and development ( r&d ) the company recognizes that focused investments in r&d are critical to its future growth and competitive position in the marketplace and are directly related to timely development of new and enhanced products that are central to the company 2019s core business strategy .\nthe company has historically relied upon innovation to remain competitive .\nr&d expense amounted to approximately 4% ( 4 % ) of total net sales during 2005 down from 6% ( 6 % ) and 8% ( 8 % ) of total net sales in 2004 and 2003 , respectively .\nthis decrease is due to the significant increase of 68% ( 68 % ) in total net sales of the company for 2005 .\nalthough r&d expense decreased as a percentage of total net sales in 2005 , actual expense for r&d in 2005 increased $ 45 million or 9% ( 9 % ) from 2004 , which follows an $ 18 million or 4% ( 4 % ) increase in 2004 compared to 2003 .\nthe overall increase in r&d expense relates primarily to increased headcount and support for new product development activities and the impact of employee salary increases in 2005 .\nr&d expense does not include capitalized software development costs of approximately $ 29.7 million related to the development of mac os x tiger during 2005 ; $ 4.5 million related to the development of mac os x tiger and $ 2.3 million related to the development of filemaker pro 7 in 2004 ; and $ 14.7 million related to the development of mac os x panther in 2003 .\nfurther information related to the company 2019s capitalization of software development costs may be found in part ii , item 8 of this form 10-k at note 1 of notes to consolidated financial statements .\nselling , general , and administrative expense ( sg&a ) expenditures for sg&a increased $ 438 million or 31% ( 31 % ) during 2005 compared to 2004 .\nthese increases are due primarily to the company 2019s continued expansion of its retail segment in both domestic and international markets , a current year increase in discretionary spending on marketing and advertising , and higher direct and channel selling expenses resulting from the increase in net sales and employee salary .\n\nQuestion: research and development were what percent of\\\\nselling general and administrative expenses in 2005?",
        "solution": "28.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2018/page_21.pdf\n\nID: UNP/2018/page_21.pdf-2\n\nPrevious Text:\npurchases of equity securities 2013 during 2018 , we repurchased 57669746 shares of our common stock at an average price of $ 143.70 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2018 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .\n\nTable Data:\n[['period', 'total number of shares purchased [a]', 'average price paid per share', 'total number of shares purchased as part of a publicly announcedplan or program [b]', 'maximum number of shares remaining under the plan or program [b]'], ['oct . 1 through oct . 31', '6091605', '$ 158.20', '6087727', '32831024'], ['nov . 1 through nov . 30', '3408467', '147.91', '3402190', '29428834'], ['dec . 1 through dec . 31', '3007951', '148.40', '3000715', '26428119'], ['total', '12508023', '$ 153.04', '12490632', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 17391 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] effective january 1 , 2017 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2020 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions. .\n\nQuestion: what was the total cost of share repurchases , in millions , during 2018?",
        "solution": "8287.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: V/2016/page_132.pdf\n\nID: V/2016/page_132.pdf-3\n\nPrevious Text:\nvisa inc .\nnotes to consolidated financial statements 2014 ( continued ) september 30 , 2016 note 16 2014share-based compensation 2007 equity incentive compensation plan the company 2019s 2007 equity incentive compensation plan , or the eip , authorizes the compensation committee of the board of directors to grant non-qualified stock options ( 201coptions 201d ) , restricted stock awards ( 201crsas 201d ) , restricted stock units ( 201crsus 201d ) and performance-based shares to its employees and non-employee directors , for up to 236 million shares of class a common stock .\nshares available for award may be either authorized and unissued or previously issued shares subsequently acquired by the company .\nthe eip will continue to be in effect until all of the common stock available under the eip is delivered and all restrictions on those shares have lapsed , unless the eip is terminated earlier by the company 2019s board of directors .\nin january 2016 , the company 2019s board of directors approved an amendment of the eip effective february 3 , 2016 , such that awards may be granted under the plan until january 31 , 2022 .\nshare-based compensation cost is recorded net of estimated forfeitures on a straight-line basis for awards with service conditions only , and on a graded-vesting basis for awards with service , performance and market conditions .\nthe company 2019s estimated forfeiture rate is based on an evaluation of historical , actual and trended forfeiture data .\nfor fiscal 2016 , 2015 and 2014 , the company recorded share-based compensation cost related to the eip of $ 211 million , $ 184 million and $ 172 million , respectively , in personnel on its consolidated statements of operations .\nthe related tax benefits were $ 62 million , $ 54 million and $ 51 million for fiscal 2016 , 2015 and 2014 , respectively .\nthe amount of capitalized share-based compensation cost was immaterial during fiscal 2016 , 2015 and all per share amounts and number of shares outstanding presented below reflect the four-for-one stock split that was effected in the second quarter of fiscal 2015 .\nsee note 14 2014stockholders 2019 equity .\noptions options issued under the eip expire 10 years from the date of grant and primarily vest ratably over 3 years from the date of grant , subject to earlier vesting in full under certain conditions .\nduring fiscal 2016 , 2015 and 2014 , the fair value of each stock option was estimated on the date of grant using a black-scholes option pricing model with the following weighted-average assumptions: .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['expected term ( in years ) ( 1 )', '4.35', '4.55', '4.80'], ['risk-free rate of return ( 2 )', '1.5% ( 1.5 % )', '1.5% ( 1.5 % )', '1.3% ( 1.3 % )'], ['expected volatility ( 3 )', '21.7% ( 21.7 % )', '22.0% ( 22.0 % )', '25.2% ( 25.2 % )'], ['expected dividend yield ( 4 )', '0.7% ( 0.7 % )', '0.8% ( 0.8 % )', '0.8% ( 0.8 % )'], ['fair value per option granted', '$ 15.01', '$ 12.04', '$ 11.03']]\n\nFollowing Text:\n( 1 ) this assumption is based on the company 2019s historical option exercises and those of a set of peer companies that management believes is generally comparable to visa .\nthe company 2019s data is weighted based on the number of years between the measurement date and visa 2019s initial public offering as a percentage of the options 2019 contractual term .\nthe relative weighting placed on visa 2019s data and peer data in fiscal 2016 was approximately 77% ( 77 % ) and 23% ( 23 % ) , respectively , 67% ( 67 % ) and 33% ( 33 % ) in fiscal 2015 , respectively , and 58% ( 58 % ) and 42% ( 42 % ) in fiscal 2014 , respectively. .\n\nQuestion: based on the tax benefit related to the share-based compensation cost , what is the effective tax rate in 2016?",
        "solution": "29.38%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: NCLH/2016/page_84.pdf\n\nID: NCLH/2016/page_84.pdf-3\n\nPrevious Text:\nnew term loan a facility , with the remaining unpaid principal amount of loans under the new term loan a facility due and payable in full at maturity on june 6 , 2021 .\nprincipal amounts outstanding under the new revolving loan facility are due and payable in full at maturity on june 6 , 2021 , subject to earlier repayment pursuant to the springing maturity date described above .\nin addition to paying interest on outstanding principal under the borrowings , we are obligated to pay a quarterly commitment fee at a rate determined by reference to a total leverage ratio , with a maximum commitment fee of 40% ( 40 % ) of the applicable margin for eurocurrency loans .\nin july 2016 , breakaway four , ltd. , as borrower , and nclc , as guarantor , entered into a supplemental agreement , which amended the breakaway four loan to , among other things , increase the aggregate principal amount of commitments under the multi-draw term loan credit facility from 20ac590.5 million to 20ac729.9 million .\nin june 2016 , we took delivery of seven seas explorer .\nto finance the payment due upon delivery , we had export credit financing in place for 80% ( 80 % ) of the contract price .\nthe associated $ 373.6 million term loan bears interest at 3.43% ( 3.43 % ) with a maturity date of june 30 , 2028 .\nprincipal and interest payments shall be paid semiannually .\nin december 2016 , nclc issued $ 700.0 million aggregate principal amount of 4.750% ( 4.750 % ) senior unsecured notes due december 2021 ( the 201cnotes 201d ) in a private offering ( the 201coffering 201d ) at par .\nnclc used the net proceeds from the offering , after deducting the initial purchasers 2019 discount and estimated fees and expenses , together with cash on hand , to purchase its outstanding 5.25% ( 5.25 % ) senior notes due 2019 having an aggregate outstanding principal amount of $ 680 million .\nthe redemption of the 5.25% ( 5.25 % ) senior notes due 2019 was completed in january 2017 .\nnclc will pay interest on the notes at 4.750% ( 4.750 % ) per annum , semiannually on june 15 and december 15 of each year , commencing on june 15 , 2017 , to holders of record at the close of business on the immediately preceding june 1 and december 1 , respectively .\nnclc may redeem the notes , in whole or part , at any time prior to december 15 , 2018 , at a price equal to 100% ( 100 % ) of the principal amount of the notes redeemed plus accrued and unpaid interest to , but not including , the redemption date and a 201cmake-whole premium . 201d nclc may redeem the notes , in whole or in part , on or after december 15 , 2018 , at the redemption prices set forth in the indenture governing the notes .\nat any time ( which may be more than once ) on or prior to december 15 , 2018 , nclc may choose to redeem up to 40% ( 40 % ) of the aggregate principal amount of the notes at a redemption price equal to 104.750% ( 104.750 % ) of the face amount thereof with an amount equal to the net proceeds of one or more equity offerings , so long as at least 60% ( 60 % ) of the aggregate principal amount of the notes issued remains outstanding following such redemption .\nthe indenture governing the notes contains covenants that limit nclc 2019s ability ( and its restricted subsidiaries 2019 ability ) to , among other things : ( i ) incur or guarantee additional indebtedness or issue certain preferred shares ; ( ii ) pay dividends and make certain other restricted payments ; ( iii ) create restrictions on the payment of dividends or other distributions to nclc from its restricted subsidiaries ; ( iv ) create liens on certain assets to secure debt ; ( v ) make certain investments ; ( vi ) engage in transactions with affiliates ; ( vii ) engage in sales of assets and subsidiary stock ; and ( viii ) transfer all or substantially all of its assets or enter into merger or consolidation transactions .\nthe indenture governing the notes also provides for events of default , which , if any of them occurs , would permit or require the principal , premium ( if any ) , interest and other monetary obligations on all of the then-outstanding notes to become due and payable immediately .\ninterest expense , net for the year ended december 31 , 2016 was $ 276.9 million which included $ 34.7 million of amortization of deferred financing fees and a $ 27.7 million loss on extinguishment of debt .\ninterest expense , net for the year ended december 31 , 2015 was $ 221.9 million which included $ 36.7 million of amortization of deferred financing fees and a $ 12.7 million loss on extinguishment of debt .\ninterest expense , net for the year ended december 31 , 2014 was $ 151.8 million which included $ 32.3 million of amortization of deferred financing fees and $ 15.4 million of expenses related to financing transactions in connection with the acquisition of prestige .\ncertain of our debt agreements contain covenants that , among other things , require us to maintain a minimum level of liquidity , as well as limit our net funded debt-to-capital ratio , maintain certain other ratios and restrict our ability to pay dividends .\nsubstantially all of our ships and other property and equipment are pledged as collateral for certain of our debt .\nwe believe we were in compliance with these covenants as of december 31 , 2016 .\nthe following are scheduled principal repayments on long-term debt including capital lease obligations as of december 31 , 2016 for each of the next five years ( in thousands ) : .\n\nTable Data:\n[['year', 'amount'], ['2017', '$ 560193'], ['2018', '554846'], ['2019', '561687'], ['2020', '1153733'], ['2021', '2193823'], ['thereafter', '1490322'], ['total', '$ 6514604']]\n\nFollowing Text:\nwe had an accrued interest liability of $ 32.5 million and $ 34.2 million as of december 31 , 2016 and 2015 , respectively. .\n\nQuestion: from 2014 to 2016 , what was the total amount of money they can deduct from their future income tax due to amortization?",
        "solution": "$ 103.7 million"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2017/page_119.pdf\n\nID: C/2017/page_119.pdf-1\n\nPrevious Text:\nliquidity monitoring and measurement stress testing liquidity stress testing is performed for each of citi 2019s major entities , operating subsidiaries and/or countries .\nstress testing and scenario analyses are intended to quantify the potential impact of an adverse liquidity event on the balance sheet and liquidity position , and to identify viable funding alternatives that can be utilized .\nthese scenarios include assumptions about significant changes in key funding sources , market triggers ( such as credit ratings ) , potential uses of funding and geopolitical and macroeconomic conditions .\nthese conditions include expected and stressed market conditions as well as company-specific events .\nliquidity stress tests are conducted to ascertain potential mismatches between liquidity sources and uses over a variety of time horizons and over different stressed conditions .\nliquidity limits are set accordingly .\nto monitor the liquidity of an entity , these stress tests and potential mismatches are calculated with varying frequencies , with several tests performed daily .\ngiven the range of potential stresses , citi maintains contingency funding plans on a consolidated basis and for individual entities .\nthese plans specify a wide range of readily available actions for a variety of adverse market conditions or idiosyncratic stresses .\nshort-term liquidity measurement : liquidity coverage ratio ( lcr ) in addition to internal liquidity stress metrics that citi has developed for a 30-day stress scenario , citi also monitors its liquidity by reference to the lcr , as calculated pursuant to the u.s .\nlcr rules .\ngenerally , the lcr is designed to ensure that banks maintain an adequate level of hqla to meet liquidity needs under an acute 30-day stress scenario .\nthe lcr is calculated by dividing hqla by estimated net outflows over a stressed 30-day period , with the net outflows determined by applying prescribed outflow factors to various categories of liabilities , such as deposits , unsecured and secured wholesale borrowings , unused lending commitments and derivatives- related exposures , partially offset by inflows from assets maturing within 30 days .\nbanks are required to calculate an add-on to address potential maturity mismatches between contractual cash outflows and inflows within the 30-day period in determining the total amount of net outflows .\nthe minimum lcr requirement is 100% ( 100 % ) , effective january 2017 .\npursuant to the federal reserve board 2019s final rule regarding lcr disclosures , effective april 1 , 2017 , citi began to disclose lcr in the prescribed format .\nthe table below sets forth the components of citi 2019s lcr calculation and hqla in excess of net outflows for the periods indicated : in billions of dollars dec .\n31 , sept .\n30 , dec .\n31 .\n\nTable Data:\n[['in billions of dollars', 'dec . 31 2017', 'sept . 30 2017', 'dec . 31 2016'], ['hqla', '$ 446.4', '$ 448.6', '$ 403.7'], ['net outflows', '364.3', '365.1', '332.5'], ['lcr', '123% ( 123 % )', '123% ( 123 % )', '121% ( 121 % )'], ['hqla in excess of net outflows', '$ 82.1', '$ 83.5', '$ 71.3']]\n\nFollowing Text:\nnote : amounts set forth in the table above are presented on an average basis .\nas set forth in the table above , citi 2019s lcr increased year- over-year , as the increase in the hqla ( as discussed above ) more than offset an increase in modeled net outflows .\nthe increase in modeled net outflows was primarily driven by changes in assumptions , including changes in methodology to better align citi 2019s outflow assumptions with those embedded in its resolution planning .\nsequentially , citi 2019s lcr remained unchanged .\nlong-term liquidity measurement : net stable funding ratio ( nsfr ) in 2016 , the federal reserve board , the fdic and the occ issued a proposed rule to implement the basel iii nsfr requirement .\nthe u.s.-proposed nsfr is largely consistent with the basel committee 2019s final nsfr rules .\nin general , the nsfr assesses the availability of a bank 2019s stable funding against a required level .\na bank 2019s available stable funding would include portions of equity , deposits and long-term debt , while its required stable funding would be based on the liquidity characteristics of its assets , derivatives and commitments .\nprescribed factors would be required to be applied to the various categories of asset and liabilities classes .\nthe ratio of available stable funding to required stable funding would be required to be greater than 100% ( 100 % ) .\nwhile citi believes that it is compliant with the proposed u.s .\nnsfr rules as of december 31 , 2017 , it will need to evaluate a final version of the rules , which are expected to be released during 2018 .\nciti expects that the nsfr final rules implementation period will be communicated along with the final version of the rules. .\n\nQuestion: what was the change in billions of hqla from dec . 31 , 2016 to dec . 31 , 2017?",
        "solution": "42.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2012/page_17.pdf\n\nID: RCL/2012/page_17.pdf-4\n\nPrevious Text:\nresult of the effects of the costa concordia incident and the continued instability in the european eco- nomic landscape .\nhowever , we continue to believe in the long term growth potential of this market .\nwe estimate that europe was served by 102 ships with approximately 108000 berths at the beginning of 2008 and by 117 ships with approximately 156000 berths at the end of 2012 .\nthere are approximately 9 ships with an estimated 25000 berths that are expected to be placed in service in the european cruise market between 2013 and 2017 .\nthe following table details the growth in the global , north american and european cruise markets in terms of cruise guests and estimated weighted-average berths over the past five years : global cruise guests ( 1 ) weighted-average supply of berths marketed globally ( 1 ) north american cruise guests ( 2 ) weighted-average supply of berths marketed in north america ( 1 ) european cruise guests weighted-average supply of berths marketed in europe ( 1 ) .\n\nTable Data:\n[['year', 'global cruise guests ( 1 )', 'weighted-average supply of berths marketed globally ( 1 )', 'north american cruise guests ( 2 )', 'weighted-average supply of berths marketed in north america ( 1 )', 'european cruise guests', 'weighted-average supply of berths marketed in europe ( 1 )'], ['2008', '17184000', '347000', '10093000', '219000', '4500000', '120000'], ['2009', '17340000', '363000', '10198000', '222000', '5000000', '131000'], ['2010', '18800000', '391000', '10781000', '232000', '5540000', '143000'], ['2011', '20227000', '412000', '11625000', '245000', '5894000', '149000'], ['2012', '20823000', '425000', '12044000', '254000', '6040000', '152000']]\n\nFollowing Text:\n( 1 ) source : our estimates of the number of global cruise guests , and the weighted-average supply of berths marketed globally , in north america and europe are based on a combination of data that we obtain from various publicly available cruise industry trade information sources including seatrade insider and cruise line international association ( 201cclia 201d ) .\nin addition , our estimates incorporate our own statistical analysis utilizing the same publicly available cruise industry data as a base .\n( 2 ) source : cruise line international association based on cruise guests carried for at least two consecutive nights for years 2008 through 2011 .\nyear 2012 amounts represent our estimates ( see number 1 above ) .\n( 3 ) source : clia europe , formerly european cruise council , for years 2008 through 2011 .\nyear 2012 amounts represent our estimates ( see number 1 above ) .\nother markets in addition to expected industry growth in north america and europe as discussed above , we expect the asia/pacific region to demonstrate an even higher growth rate in the near term , although it will continue to represent a relatively small sector compared to north america and europe .\ncompetition we compete with a number of cruise lines .\nour princi- pal competitors are carnival corporation & plc , which owns , among others , aida cruises , carnival cruise lines , costa cruises , cunard line , holland america line , iberocruceros , p&o cruises and princess cruises ; disney cruise line ; msc cruises ; norwegian cruise line and oceania cruises .\ncruise lines compete with other vacation alternatives such as land-based resort hotels and sightseeing destinations for consumers 2019 leisure time .\ndemand for such activities is influenced by political and general economic conditions .\ncom- panies within the vacation market are dependent on consumer discretionary spending .\noperating strategies our principal operating strategies are to : 2022 protect the health , safety and security of our guests and employees and protect the environment in which our vessels and organization operate , 2022 strengthen and support our human capital in order to better serve our global guest base and grow our business , 2022 further strengthen our consumer engagement in order to enhance our revenues , 2022 increase the awareness and market penetration of our brands globally , 2022 focus on cost efficiency , manage our operating expenditures and ensure adequate cash and liquid- ity , with the overall goal of maximizing our return on invested capital and long-term shareholder value , 2022 strategically invest in our fleet through the revit ad alization of existing ships and the transfer of key innovations across each brand , while prudently expanding our fleet with the new state-of-the-art cruise ships recently delivered and on order , 2022 capitalize on the portability and flexibility of our ships by deploying them into those markets and itineraries that provide opportunities to optimize returns , while continuing our focus on existing key markets , 2022 further enhance our technological capabilities to service customer preferences and expectations in an innovative manner , while supporting our strategic focus on profitability , and part i 0494.indd 13 3/27/13 12:52 pm .\n\nQuestion: what is the anticipated percentage increase in the berths for the european cruise market from 2013 to 2017",
        "solution": "16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RL/2012/page_13.pdf\n\nID: RL/2012/page_13.pdf-2\n\nPrevious Text:\nworldwide distribution channels the following table presents the number of doors by geographic location , in which ralph lauren-branded products distributed by our wholesale segment were sold to consumers in our primary channels of distribution as of march 31 , 2012 : location number of .\n\nTable Data:\n[['location', 'number of doors'], ['the americas', '6587'], ['europe', '4377'], ['asia', '83'], ['total', '11047']]\n\nFollowing Text:\nin addition , american living and chaps-branded products distributed by our wholesale segment were sold domestically through approximately 1800 doors as of march 31 , 2012 .\nwe have three key wholesale customers that generate significant sales volume .\nfor fiscal 2012 , these customers in the aggregate accounted for approximately 40% ( 40 % ) of total wholesale revenues , with macy 2019s , inc .\nrepresenting approximately 20% ( 20 % ) of total wholesale revenues .\nour product brands are sold primarily through our own sales forces .\nour wholesale segment maintains its primary showrooms in new york city .\nin addition , we maintain regional showrooms in chicago , dallas , milan , paris , london , munich , madrid , stockholm and tokyo .\nshop-within-shops .\nas a critical element of our distribution to department stores , we and our licensing partners utilize shop-within-shops to enhance brand recognition , to permit more complete merchandising of our lines by the department stores and to differentiate the presentation of products .\nshop-within- shop fixed assets primarily include items such as customized freestanding fixtures , wall cases and components , decorative items and flooring .\nas of march 31 , 2012 , we had approximately 18000 shop-within-shops dedicated to our ralph lauren-branded wholesale products worldwide .\nthe size of our shop-within-shops ranges from approximately 300 to 7400 square feet .\nwe normally share in the cost of building-out these shop-within-shops with our wholesale customers .\nbasic stock replenishment program .\nbasic products such as knit shirts , chino pants , oxford cloth shirts , and selected accessories ( including footwear ) and home products can be ordered at any time through our basic stock replenishment programs .\nwe generally ship these products within two-to-five days of order receipt .\nour retail segment as of march 31 , 2012 , our retail segment consisted of 379 stores worldwide , totaling approximately 2.9 million gross square feet , 474 concessions- based shop-within-shops and six e-commerce websites .\nthe extension of our direct-to-consumer reach is a primary long-term strategic goal .\nralph lauren retail stores our ralph lauren retail stores reinforce the luxury image and distinct sensibility of our brands and feature exclusive lines that are not sold in domestic department stores .\nwe opened 10 new ralph lauren stores , acquired 3 previously licensed stores , and closed 16 ralph lauren stores in fiscal 2012 .\nour retail stores are primarily situated in major upscale street locations and upscale regional malls , generally in large urban markets. .\n\nQuestion: what percentage of worldwide distribution channels doors as of march 31 , 2012 where in europe ?",
        "solution": "40%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2017/page_56.pdf\n\nID: CDW/2017/page_56.pdf-1\n\nPrevious Text:\ntable of contents ( 4 ) the increase in cash flows was primarily due to the timing of inventory purchases and longer payment terms with certain vendors .\nin order to manage our working capital and operating cash needs , we monitor our cash conversion cycle , defined as days of sales outstanding in accounts receivable plus days of supply in inventory minus days of purchases outstanding in accounts payable , based on a rolling three-month average .\ncomponents of our cash conversion cycle are as follows: .\n\nTable Data:\n[['( in days )', 'december 31 , 2017', 'december 31 , 2016', 'december 31 , 2015'], ['days of sales outstanding ( dso ) ( 1 )', '52', '51', '48'], ['days of supply in inventory ( dio ) ( 2 )', '12', '12', '13'], ['days of purchases outstanding ( dpo ) ( 3 )', '-45 ( 45 )', '-44 ( 44 )', '-40 ( 40 )'], ['cash conversion cycle', '19', '19', '21']]\n\nFollowing Text:\n( 1 ) represents the rolling three-month average of the balance of accounts receivable , net at the end of the period , divided by average daily net sales for the same three-month period .\nalso incorporates components of other miscellaneous receivables .\n( 2 ) represents the rolling three-month average of the balance of merchandise inventory at the end of the period divided by average daily cost of sales for the same three-month period .\n( 3 ) represents the rolling three-month average of the combined balance of accounts payable-trade , excluding cash overdrafts , and accounts payable-inventory financing at the end of the period divided by average daily cost of sales for the same three-month period .\nthe cash conversion cycle was 19 days at december 31 , 2017 and 2016 .\nthe increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties .\nthese services have an unfavorable impact on dso as the receivable is recognized on the consolidated balance sheet on a gross basis while the corresponding sales amount in the consolidated statement of operations is recorded on a net basis .\nthis also results in a favorable impact on dpo as the payable is recognized on the consolidated balance sheet without a corresponding cost of sales in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales .\nin addition , dpo also increased due to the mix of payables with certain vendors that have longer payment terms .\nthe cash conversion cycle was 19 and 21 days at december 31 , 2016 and 2015 , respectively .\nthe increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties .\nthese services have an unfavorable impact on dso as the receivable is recognized on the balance sheet on a gross basis while the corresponding sales amount in the statement of operations is recorded on a net basis .\nthese services have a favorable impact on dpo as the payable is recognized on the balance sheet without a corresponding cost of sale in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales .\nin addition to the impact of these services on dpo , dpo also increased due to the mix of payables with certain vendors that have longer payment terms .\ninvesting activities net cash used in investing activities increased $ 15 million in 2017 compared to 2016 .\ncapital expenditures increased $ 17 million to $ 81 million from $ 64 million for 2017 and 2016 , respectively , primarily related to improvements to our information technology systems .\nnet cash used in investing activities decreased $ 289 million in 2016 compared to 2015 .\nthe decrease in cash used was primarily due to the completion of the acquisition of cdw uk in 2015 .\nadditionally , capital expenditures decreased $ 26 million to $ 64 million from $ 90 million for 2016 and 2015 , respectively , primarily due to spending for our new office location in 2015 .\nfinancing activities net cash used in financing activities increased $ 514 million in 2017 compared to 2016 .\nthe increase was primarily driven by changes in accounts payable-inventory financing , which resulted in an increase in cash used for financing activities of $ 228 million and by share repurchases during 2017 , which resulted in an increase in cash used for financing activities of $ 167 million .\nfor more information on our share repurchase program , see part ii , item 5 , 201cmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . 201d the increase in cash used for accounts payable-inventory financing was primarily driven by the termination of one of our inventory financing agreements in the fourth quarter of 2016 , with amounts .\n\nQuestion: in data what was the average cash conversion cycle for the three year period?",
        "solution": "19.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2017/page_68.pdf\n\nID: ECL/2017/page_68.pdf-4\n\nPrevious Text:\ncash and cash equivalents cash equivalents include highly-liquid investments with a maturity of three months or less when purchased .\naccounts receivable and allowance for doubtful accounts accounts receivable are carried at the invoiced amounts , less an allowance for doubtful accounts , and generally do not bear interest .\nthe company estimates the balance of allowance for doubtful accounts by analyzing accounts receivable balances by age and applying historical write-off and collection trend rates .\nthe company 2019s estimates include separately providing for customer receivables based on specific circumstances and credit conditions , and when it is deemed probable that the balance is uncollectible .\naccount balances are written off against the allowance when it is determined the receivable will not be recovered .\nthe company 2019s allowance for doubtful accounts balance also includes an allowance for the expected return of products shipped and credits related to pricing or quantities shipped of $ 15 million , $ 14 million and $ 15 million as of december 31 , 2017 , 2016 , and 2015 , respectively .\nreturns and credit activity is recorded directly to sales as a reduction .\nthe following table summarizes the activity in the allowance for doubtful accounts: .\n\nTable Data:\n[['( millions )', '2017', '2016', '2015'], ['beginning balance', '$ 67.6', '$ 75.3', '$ 77.5'], ['bad debt expense', '17.1', '20.1', '25.8'], ['write-offs', '-15.7 ( 15.7 )', '-24.6 ( 24.6 )', '-21.9 ( 21.9 )'], ['other ( a )', '2.5', '-3.2 ( 3.2 )', '-6.1 ( 6.1 )'], ['ending balance', '$ 71.5', '$ 67.6', '$ 75.3']]\n\nFollowing Text:\n( a ) other amounts are primarily the effects of changes in currency translations and the impact of allowance for returns and credits .\ninventory valuations inventories are valued at the lower of cost or net realizable value .\ncertain u.s .\ninventory costs are determined on a last-in , first-out ( 201clifo 201d ) basis .\nlifo inventories represented 39% ( 39 % ) and 40% ( 40 % ) of consolidated inventories as of december 31 , 2017 and 2016 , respectively .\nall other inventory costs are determined using either the average cost or first-in , first-out ( 201cfifo 201d ) methods .\ninventory values at fifo , as shown in note 5 , approximate replacement cost .\nproperty , plant and equipment property , plant and equipment assets are stated at cost .\nmerchandising and customer equipment consists principally of various dispensing systems for the company 2019s cleaning and sanitizing products , dishwashing machines and process control and monitoring equipment .\ncertain dispensing systems capitalized by the company are accounted for on a mass asset basis , whereby equipment is capitalized and depreciated as a group and written off when fully depreciated .\nthe company capitalizes both internal and external costs of development or purchase of computer software for internal use .\ncosts incurred for data conversion , training and maintenance associated with capitalized software are expensed as incurred .\nexpenditures for major renewals and improvements , which significantly extend the useful lives of existing plant and equipment , are capitalized and depreciated .\nexpenditures for repairs and maintenance are charged to expense as incurred .\nupon retirement or disposition of plant and equipment , the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in income .\ndepreciation is charged to operations using the straight-line method over the assets 2019 estimated useful lives ranging from 5 to 40 years for buildings and leasehold improvements , 3 to 20 years for machinery and equipment , 3 to 15 years for merchandising and customer equipment and 3 to 7 years for capitalized software .\nthe straight-line method of depreciation reflects an appropriate allocation of the cost of the assets to earnings in proportion to the amount of economic benefits obtained by the company in each reporting period .\ndepreciation expense was $ 586 million , $ 561 million and $ 560 million for 2017 , 2016 and 2015 , respectively. .\n\nQuestion: what was average percentage for lifo inventories of consolidated inventories for december 31 , 2017 and 2016?",
        "solution": "39.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BDX/2009/page_80.pdf\n\nID: BDX/2009/page_80.pdf-4\n\nPrevious Text:\nthe weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .\nthe total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .\nat september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .\ntime-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .\nthe related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .\nthe fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .\na summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value .\n\nTable Data:\n[['', 'stock units', 'weighted average grant date fair value'], ['balance at october 1', '1570329', '$ 69.35'], ['granted', '618679', '62.96'], ['distributed', '-316839 ( 316839 )', '60.32'], ['forfeited or canceled', '-165211 ( 165211 )', '62.58'], ['balance at september 30', '1706958', '$ 69.36'], ['expected to vest at september 30', '1536262', '$ 69.36']]\n\nFollowing Text:\nthe weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .\nthe total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .\nat september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .\nthe amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .\nat september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .\nthe company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .\nat september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .\nother stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .\ndistribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .\nthe balance of the award is distributable over five years from the grant date , subject to certain conditions .\nin february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .\nat september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .\nbecton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the average of total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007?",
        "solution": "19867"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2017/page_72.pdf\n\nID: GPN/2017/page_72.pdf-3\n\nPrevious Text:\norganizations evaluate whether transactions should be accounted for as acquisitions ( or disposals ) of assets or businesses , with the expectation that fewer will qualify as acquisitions ( or disposals ) of businesses .\nthe asu became effective for us on january 1 , 2018 .\nthese amendments will be applied prospectively from the date of adoption .\nthe effect of asu 2017-01 will be dependent upon the nature of future acquisitions or dispositions that we make , if any .\nin october 2016 , the fasb issued asu 2016-16 , 201cincome taxes ( topic 740 ) : intra-entity transfers of assets other than inventory . 201d the amendments in this update state that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory , such as intellectual property and property and equipment , when the transfer occurs .\nwe will adopt asu 2016-16 effective january 1 , 2018 with no expected effect on our consolidated financial statements .\nin june 2016 , the fasb issued asu 2016-13 , 201cfinancial instruments - credit losses ( topic 326 ) : measurement of credit losses on financial instruments . 201d the amendments in this update change how companies measure and recognize credit impairment for many financial assets .\nthe new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets ( including trade receivables ) that are in the scope of the update .\nthe update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees .\nthe guidance will become effective for us on january 1 , 2020 .\nearly adoption is permitted for periods beginning on or after january 1 , 2019 .\nwe are evaluating the effect of asu 2016-13 on our consolidated financial statements .\nin january 2016 , the fasb issued asu 2016-01 , 201cfinancial instruments - overall ( subtopic 825-10 ) : recognition and measurement of financial assets and financial liabilities . 201d the amendments in this update address certain aspects of recognition , measurement , presentation and disclosure of financial instruments .\nthe amendments in this update supersede the guidance to classify equity securities with readily determinable fair values into different categories ( that is , trading or available-for-sale ) and require equity securities ( including other ownership interests , such as partnerships , unincorporated joint ventures and limited liability companies ) to be measured at fair value with changes in the fair value recognized through earnings .\nequity investments that are accounted for under the equity method of accounting or result in consolidation of an investee are not included within the scope of this update .\nthe amendments allow equity investments that do not have readily determinable fair values to be remeasured at fair value either upon the occurrence of an observable price change or upon identification of an impairment .\nthe amendments also require enhanced disclosures about those investments .\nwe will adopt asu 2016-01 effective january 1 , 2018 with no expected effect on our consolidated financial statements .\nnote 2 2014 acquisitions active network we acquired the communities and sports divisions of athlaction topco , llc ( 201cactive network 201d ) on september 1 , 2017 , for total purchase consideration of $ 1.2 billion .\nactive network delivers cloud-based enterprise software , including payment technology solutions , to event organizers in the communities and health and fitness markets .\nthis acquisition aligns with our technology-enabled , software driven strategy and adds an enterprise software business operating in two additional vertical markets that we believe offer attractive growth fundamentals .\nthe following table summarizes the cash and non-cash components of the consideration transferred on september 1 , 2017 ( in thousands ) : .\n\nTable Data:\n[['cash consideration paid to active network stockholders', '$ 599497'], ['fair value of global payments common stock issued to active network stockholders', '572079'], ['total purchase consideration', '$ 1171576']]\n\nFollowing Text:\nwe funded the cash portion of the total purchase consideration primarily by drawing on our revolving credit facility ( described in 201cnote 7 2014 long-term debt and lines of credit 201d ) .\nthe acquisition-date fair value of 72 2013 global payments inc .\n| 2017 form 10-k annual report .\n\nQuestion: what portion of the total purchase consideration is compensated with shares of global payments?",
        "solution": "48.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MO/2017/page_79.pdf\n\nID: MO/2017/page_79.pdf-1\n\nPrevious Text:\n10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc verdicts have been appealed , there remains a risk that such relief may not be obtainable in all cases .\nthis risk has been substantially reduced given that 47 states and puerto rico limit the dollar amount of bonds or require no bond at all .\nas discussed below , however , tobacco litigation plaintiffs have challenged the constitutionality of florida 2019s bond cap statute in several cases and plaintiffs may challenge state bond cap statutes in other jurisdictions as well .\nsuch challenges may include the applicability of state bond caps in federal court .\nstates , including florida , may also seek to repeal or alter bond cap statutes through legislation .\nalthough altria group , inc .\ncannot predict the outcome of such challenges , it is possible that the consolidated results of operations , cash flows or financial position of altria group , inc. , or one or more of its subsidiaries , could be materially affected in a particular fiscal quarter or fiscal year by an unfavorable outcome of one or more such challenges .\naltria group , inc .\nand its subsidiaries record provisions in the consolidated financial statements for pending litigation when they determine that an unfavorable outcome is probable and the amount of the loss can be reasonably estimated .\nat the present time , while it is reasonably possible that an unfavorable outcome in a case may occur , except to the extent discussed elsewhere in this note 18 .\ncontingencies : ( i ) management has concluded that it is not probable that a loss has been incurred in any of the pending tobacco-related cases ; ( ii ) management is unable to estimate the possible loss or range of loss that could result from an unfavorable outcome in any of the pending tobacco-related cases ; and ( iii ) accordingly , management has not provided any amounts in the consolidated financial statements for unfavorable outcomes , if any .\nlitigation defense costs are expensed as incurred .\naltria group , inc .\nand its subsidiaries have achieved substantial success in managing litigation .\nnevertheless , litigation is subject to uncertainty and significant challenges remain .\nit is possible that the consolidated results of operations , cash flows or financial position of altria group , inc. , or one or more of its subsidiaries , could be materially affected in a particular fiscal quarter or fiscal year by an unfavorable outcome or settlement of certain pending litigation .\naltria group , inc .\nand each of its subsidiaries named as a defendant believe , and each has been so advised by counsel handling the respective cases , that it has valid defenses to the litigation pending against it , as well as valid bases for appeal of adverse verdicts .\neach of the companies has defended , and will continue to defend , vigorously against litigation challenges .\nhowever , altria group , inc .\nand its subsidiaries may enter into settlement discussions in particular cases if they believe it is in the best interests of altria group , inc .\nto do so .\noverview of altria group , inc .\nand/or pm usa tobacco- related litigation types and number of cases : claims related to tobacco products generally fall within the following categories : ( i ) smoking and health cases alleging personal injury brought on behalf of individual plaintiffs ; ( ii ) smoking and health cases primarily alleging personal injury or seeking court-supervised programs for ongoing medical monitoring and purporting to be brought on behalf of a class of individual plaintiffs , including cases in which the aggregated claims of a number of individual plaintiffs are to be tried in a single proceeding ; ( iii ) health care cost recovery cases brought by governmental ( both domestic and foreign ) plaintiffs seeking reimbursement for health care expenditures allegedly caused by cigarette smoking and/or disgorgement of profits ; ( iv ) class action suits alleging that the uses of the terms 201clights 201d and 201cultra lights 201d constitute deceptive and unfair trade practices , common law or statutory fraud , unjust enrichment , breach of warranty or violations of the racketeer influenced and corrupt organizations act ( 201crico 201d ) ; and ( v ) other tobacco-related litigation described below .\nplaintiffs 2019 theories of recovery and the defenses raised in pending smoking and health , health care cost recovery and 201clights/ultra lights 201d cases are discussed below .\nthe table below lists the number of certain tobacco-related cases pending in the united states against pm usa and , in some instances , altria group , inc .\nas of december 31 , 2017 , 2016 and .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['individual smoking and health cases ( 1 )', '92', '70', '65'], ['smoking and health class actions and aggregated claims litigation ( 2 )', '4', '5', '5'], ['health care cost recovery actions ( 3 )', '1', '1', '1'], ['201clights/ultra lights 201d class actions', '3', '8', '11']]\n\nFollowing Text:\n( 1 ) does not include 2414 cases brought by flight attendants seeking compensatory damages for personal injuries allegedly caused by exposure to environmental tobacco smoke ( 201cets 201d ) .\nthe flight attendants allege that they are members of an ets smoking and health class action in florida , which was settled in 1997 ( broin ) .\nthe terms of the court-approved settlement in that case allowed class members to file individual lawsuits seeking compensatory damages , but prohibited them from seeking punitive damages .\nalso , does not include individual smoking and health cases brought by or on behalf of plaintiffs in florida state and federal courts following the decertification of the engle case ( discussed below in smoking and health litigation - engle class action ) .\n( 2 ) includes as one case the 30 civil actions that were to be tried in six consolidated trials in west virginia ( in re : tobacco litigation ) .\npm usa is a defendant in nine of the 30 cases .\nthe parties have agreed to resolve the cases for an immaterial amount and have so notified the court .\n( 3 ) see health care cost recovery litigation - federal government 2019s lawsuit below .\ninternational tobacco-related cases : as of january 29 , 2018 , pm usa is a named defendant in 10 health care cost recovery actions in canada , eight of which also name altria group , inc .\nas a defendant .\npm usa and altria group , inc .\nare also named defendants in seven smoking and health class actions filed in various canadian provinces .\nsee guarantees and other similar matters below for a discussion of the distribution agreement between altria group , inc .\nand pmi that provides for indemnities for certain liabilities concerning tobacco products. .\n\nQuestion: what are the total number of pending tobacco-related cases in united states in 2017?",
        "solution": "100"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNPS/2006/page_68.pdf\n\nID: SNPS/2006/page_68.pdf-1\n\nPrevious Text:\nfair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .\ngoodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .\nvirtio corporation , inc .\n( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .\nreasons for the acquisition .\nthe company believes that its acquisition of virtio will expand its presence in electronic system level design .\nthe company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .\npurchase price .\nthe company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .\nin addition , the company had a prior investment in virtio of approximately $ 1.7 million .\nthe total purchase consideration consisted of: .\n\nTable Data:\n[['', '( in thousands )'], ['cash paid', '$ 9076'], ['prior investment in virtio', '1664'], ['acquisition-related costs', '713'], ['total purchase price', '$ 11453']]\n\nFollowing Text:\nacquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .\nas of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .\nthe $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .\nunder the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .\nthis contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .\nadditionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .\nassets acquired .\nthe company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .\nthe company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .\nadditionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .\ngoodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .\ngoodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .\nhpl technologies , inc .\n( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .\nreasons for the acquisition .\nthe company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .\n\nQuestion: what percentage of the total purchase price did goodwill represent?",
        "solution": "58%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_144.pdf\n\nID: ETR/2016/page_144.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds , some of which are secured by collateral first mortgage bonds .\n( b ) these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .\n( c ) pursuant to the nuclear waste policy act of 1982 , entergy 2019s nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service .\nthe contracts include a one-time fee for generation prior to april 7 , 1983 .\nentergy arkansas is the only entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee , plus accrued interest , in long-term debt .\n( d ) see note 10 to the financial statements for further discussion of the waterford 3 lease obligation and entergy louisiana 2019s acquisition of the equity participant 2019s beneficial interest in the waterford 3 leased assets and for further discussion of the grand gulf lease obligation .\n( e ) this note does not have a stated interest rate , but has an implicit interest rate of 7.458% ( 7.458 % ) .\n( f ) the fair value excludes lease obligations of $ 57 million at entergy louisiana and $ 34 million at system energy , and long-term doe obligations of $ 182 million at entergy arkansas , and includes debt due within one year .\nfair values are classified as level 2 in the fair value hierarchy discussed in note 15 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades .\nthe annual long-term debt maturities ( excluding lease obligations and long-term doe obligations ) for debt outstanding as of december 31 , 2016 , for the next five years are as follows : amount ( in thousands ) .\n\nTable Data:\n[['', 'amount ( in thousands )'], ['2017', '$ 307403'], ['2018', '$ 828084'], ['2019', '$ 724899'], ['2020', '$ 795000'], ['2021', '$ 1674548']]\n\nFollowing Text:\nin november 2000 , entergy 2019s non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .\nas part of the purchase agreement with nypa , entergy recorded a liability representing the net present value of the payments entergy would be liable to nypa for each year that the fitzpatrick and indian point 3 power plants would run beyond their respective original nrc license expiration date .\nin october 2015 , entergy announced a planned shutdown of fitzpatrick at the end of its fuel cycle .\nas a result of the announcement , entergy reduced this liability by $ 26.4 million pursuant to the terms of the purchase agreement .\nin august 2016 , entergy entered into a trust transfer agreement with nypa to transfer the decommissioning trust funds and decommissioning liabilities for the indian point 3 and fitzpatrick plants to entergy .\nas part of the trust transfer agreement , the original decommissioning agreements were amended , and the entergy subsidiaries 2019 obligation to make additional license extension payments to nypa was eliminated .\nin the third quarter 2016 , entergy removed the note payable of $ 35.1 million from the consolidated balance sheet .\nentergy louisiana , entergy mississippi , entergy texas , and system energy have obtained long-term financing authorizations from the ferc that extend through october 2017 .\nentergy arkansas has obtained long-term financing authorization from the apsc that extends through december 2018 .\nentergy new orleans has obtained long-term financing authorization from the city council that extends through june 2018 .\ncapital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to : 2022 maintain system energy 2019s equity capital at a minimum of 35% ( 35 % ) of its total capitalization ( excluding short- term debt ) ; .\n\nQuestion: how much were liabilities impacted by the impact of the october 2015 planned shutdown of fitzpatrick and the 2016 decommissioning of the indian point 3 and fitzpatrick?",
        "solution": "61.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2015/page_123.pdf\n\nID: BLK/2015/page_123.pdf-1\n\nPrevious Text:\n12 .\nborrowings short-term borrowings 2015 revolving credit facility .\nin march 2011 , the company entered into a five-year $ 3.5 billion unsecured revolving credit facility , which was amended in 2014 , 2013 and 2012 .\nin april 2015 , the company 2019s credit facility was further amended to extend the maturity date to march 2020 and to increase the amount of the aggregate commitment to $ 4.0 billion ( the 201c2015 credit facility 201d ) .\nthe 2015 credit facility permits the company to request up to an additional $ 1.0 billion of borrowing capacity , subject to lender credit approval , increasing the overall size of the 2015 credit facility to an aggregate principal amount not to exceed $ 5.0 billion .\ninterest on borrowings outstanding accrues at a rate based on the applicable london interbank offered rate plus a spread .\nthe 2015 credit facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortization , where net debt equals total debt less unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2015 .\nthe 2015 credit facility provides back-up liquidity to fund ongoing working capital for general corporate purposes and various investment opportunities .\nat december 31 , 2015 , the company had no amount outstanding under the 2015 credit facility .\ncommercial paper program .\non october 14 , 2009 , blackrock established a commercial paper program ( the 201ccp program 201d ) under which the company could issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 4.0 billion as amended in april 2015 .\nthe cp program is currently supported by the 2015 credit facility .\nat december 31 , 2015 , blackrock had no cp notes outstanding .\nlong-term borrowings the carrying value and fair value of long-term borrowings estimated using market prices and foreign exchange rates at december 31 , 2015 included the following : ( in millions ) maturity amount unamortized discount and debt issuance costs carrying value fair value .\n\nTable Data:\n[['( in millions )', 'maturityamount', 'unamortized discount and debt issuance costs', 'carrying value', 'fair value'], ['6.25% ( 6.25 % ) notes due 2017', '$ 700', '$ -1 ( 1 )', '$ 699', '$ 757'], ['5.00% ( 5.00 % ) notes due 2019', '1000', '-3 ( 3 )', '997', '1106'], ['4.25% ( 4.25 % ) notes due 2021', '750', '-5 ( 5 )', '745', '828'], ['3.375% ( 3.375 % ) notes due 2022', '750', '-6 ( 6 )', '744', '773'], ['3.50% ( 3.50 % ) notes due 2024', '1000', '-8 ( 8 )', '992', '1030'], ['1.25% ( 1.25 % ) notes due 2025', '760', '-7 ( 7 )', '753', '729'], ['total long-term borrowings', '$ 4960', '$ -30 ( 30 )', '$ 4930', '$ 5223']]\n\nFollowing Text:\nlong-term borrowings at december 31 , 2014 had a carrying value of $ 4.922 billion and a fair value of $ 5.309 billion determined using market prices at the end of december 2025 notes .\nin may 2015 , the company issued 20ac700 million of 1.25% ( 1.25 % ) senior unsecured notes maturing on may 6 , 2025 ( the 201c2025 notes 201d ) .\nthe notes are listed on the new york stock exchange .\nthe net proceeds of the 2025 notes were used for general corporate purposes , including refinancing of outstanding indebtedness .\ninterest of approximately $ 10 million per year based on current exchange rates is payable annually on may 6 of each year .\nthe 2025 notes may be redeemed in whole or in part prior to maturity at any time at the option of the company at a 201cmake-whole 201d redemption price .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2025 notes .\nupon conversion to u.s .\ndollars the company designated the 20ac700 million debt offering as a net investment hedge to offset its currency exposure relating to its net investment in certain euro functional currency operations .\na gain of $ 19 million , net of tax , was recognized in other comprehensive income for 2015 .\nno hedge ineffectiveness was recognized during 2015 .\n2024 notes .\nin march 2014 , the company issued $ 1.0 billion in aggregate principal amount of 3.50% ( 3.50 % ) senior unsecured and unsubordinated notes maturing on march 18 , 2024 ( the 201c2024 notes 201d ) .\nthe net proceeds of the 2024 notes were used to refinance certain indebtedness which matured in the fourth quarter of 2014 .\ninterest is payable semi-annually in arrears on march 18 and september 18 of each year , or approximately $ 35 million per year .\nthe 2024 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2024 notes .\n2022 notes .\nin may 2012 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations .\nthese notes were issued as two separate series of senior debt securities , including $ 750 million of 1.375% ( 1.375 % ) notes , which were repaid in june 2015 at maturity , and $ 750 million of 3.375% ( 3.375 % ) notes maturing in june 2022 ( the 201c2022 notes 201d ) .\nnet proceeds were used to fund the repurchase of blackrock 2019s common stock and series b preferred from barclays and affiliates and for general corporate purposes .\ninterest on the 2022 notes of approximately $ 25 million per year , respectively , is payable semi-annually on june 1 and december 1 of each year , which commenced december 1 , 2012 .\nthe 2022 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .\nthe 201cmake-whole 201d redemption price represents a price , subject to the specific terms of the 2022 notes and related indenture , that is the greater of ( a ) par value and ( b ) the present value of future payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a .\n\nQuestion: what percent of the fair value is in the carrying value?",
        "solution": "94.39%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_401.pdf\n\nID: ETR/2017/page_401.pdf-3\n\nPrevious Text:\nthe city council 2019s advisors and entergy new orleans .\nin february 2018 the city council approved the settlement , which deferred cost recovery to the 2018 entergy new orleans rate case , but also stated that an adjustment for 2018-2019 ami costs can be filed in the rate case and that , for all subsequent ami costs , the mechanism to be approved in the 2018 rate case will allow for the timely recovery of such costs .\nsources of capital entergy new orleans 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt and preferred membership interest issuances ; and 2022 bank financing under new or existing facilities .\nentergy new orleans may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest rates are favorable .\nentergy new orleans 2019s receivables from the money pool were as follows as of december 31 for each of the following years. .\n\nTable Data:\n[['2017', '2016', '2015', '2014'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 12723', '$ 14215', '$ 15794', '$ 442']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nentergy new orleans has a credit facility in the amount of $ 25 million scheduled to expire in november 2018 .\nthe credit facility allows entergy new orleans to issue letters of credit against $ 10 million of the borrowing capacity of the facility .\nas of december 31 , 2017 , there were no cash borrowings and a $ 0.8 million letter of credit was outstanding under the facility .\nin addition , entergy new orleans is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations to miso . a0 as of december 31 , 2017 , a $ 1.4 million letter of credit was outstanding under entergy new orleans 2019s letter of credit a0facility .\nsee note 4 to the financial statements for additional discussion of the credit facilities .\nentergy new orleans obtained authorization from the ferc through october 2019 for short-term borrowings not to exceed an aggregate amount of $ 150 million at any time outstanding and long-term borrowings and securities issuances .\nsee note 4 to the financial statements for further discussion of entergy new orleans 2019s short-term borrowing limits .\nthe long-term securities issuances of entergy new orleans are limited to amounts authorized not only by the ferc , but also by the city council , and the current city council authorization extends through june 2018 .\nentergy new orleans , llc and subsidiaries management 2019s financial discussion and analysis state and local rate regulation the rates that entergy new orleans charges for electricity and natural gas significantly influence its financial position , results of operations , and liquidity .\nentergy new orleans is regulated and the rates charged to its customers are determined in regulatory proceedings .\na governmental agency , the city council , is primarily responsible for approval of the rates charged to customers .\nretail rates see 201calgiers asset transfer 201d below for discussion of the algiers asset transfer .\nas a provision of the settlement agreement approved by the city council in may 2015 providing for the algiers asset transfer , it was agreed that , with limited exceptions , no action may be taken with respect to entergy new orleans 2019s base rates until rates are implemented .\n\nQuestion: what was the average entergy new orleans 2019s receivables from the money pool from 2014 to 2017",
        "solution": "10793.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2009/page_67.pdf\n\nID: MSI/2009/page_67.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations in 2008 , asp was flat compared to 2007 .\nby comparison , asp decreased approximately 9% ( 9 % ) in 2007 and decreased approximately 11% ( 11 % ) in 2006 .\nthe segment has several large customers located throughout the world .\nin 2008 , aggregate net sales to the segment 2019s five largest customers accounted for approximately 41% ( 41 % ) of the segment 2019s net sales .\nbesides selling directly to carriers and operators , the segment also sells products through a variety of third-party distributors and retailers , which accounted for approximately 24% ( 24 % ) of the segment 2019s net sales in 2008 .\nalthough the u.s .\nmarket continued to be the segment 2019s largest individual market , many of our customers , and 56% ( 56 % ) of the segment 2019s 2008 net sales , were outside the u.s .\nin 2008 , the largest of these international markets were brazil , china and mexico .\nas the segment 2019s revenue transactions are largely denominated in local currencies , we are impacted by the weakening in the value of these local currencies against the u.s .\ndollar .\na number of our more significant international markets , particularly in latin america , were impacted by this trend in late 2008 .\nhome and networks mobility segment the home and networks mobility segment designs , manufactures , sells , installs and services : ( i ) digital video , internet protocol video and broadcast network interactive set-tops , end-to-end video distribution systems , broadband access infrastructure platforms , and associated data and voice customer premise equipment to cable television and telecom service providers ( collectively , referred to as the 2018 2018home business 2019 2019 ) , and ( ii ) wireless access systems , including cellular infrastructure systems and wireless broadband systems , to wireless service providers ( collectively , referred to as the 2018 2018network business 2019 2019 ) .\nin 2009 , the segment 2019s net sales represented 36% ( 36 % ) of the company 2019s consolidated net sales , compared to 33% ( 33 % ) in 2008 and 27% ( 27 % ) in 2007 .\nyears ended december 31 percent change ( dollars in millions ) 2009 2008 2007 2009 20142008 2008 20142007 .\n\nTable Data:\n[['( dollars in millions )', 'years ended december 31 2009', 'years ended december 31 2008', 'years ended december 31 2007', 'years ended december 31 2009 20142008', '2008 20142007'], ['segment net sales', '$ 7963', '$ 10086', '$ 10014', '( 21 ) % (  % )', '1% ( 1 % )'], ['operating earnings', '558', '918', '709', '( 39 ) % (  % )', '29% ( 29 % )']]\n\nFollowing Text:\nsegment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 8.0 billion , a decrease of 21% ( 21 % ) compared to net sales of $ 10.1 billion in 2008 .\nthe 21% ( 21 % ) decrease in net sales reflects a 22% ( 22 % ) decrease in net sales in the networks business and a 21% ( 21 % ) decrease in net sales in the home business .\nthe 22% ( 22 % ) decrease in net sales in the networks business was primarily driven by lower net sales of gsm , cdma , umts and iden infrastructure equipment , partially offset by higher net sales of wimax products .\nthe 21% ( 21 % ) decrease in net sales in the home business was primarily driven by a 24% ( 24 % ) decrease in net sales of digital entertainment devices , reflecting : ( i ) an 18% ( 18 % ) decrease in shipments of digital entertainment devices , primarily due to lower shipments to large cable and telecommunications operators in north america as a result of macroeconomic conditions , and ( ii ) a lower asp due to an unfavorable shift in product mix .\nthe segment shipped 14.7 million digital entertainment devices in 2009 , compared to 18.0 million shipped in 2008 .\non a geographic basis , the 21% ( 21 % ) decrease in net sales was driven by lower net sales in all regions .\nthe decrease in net sales in north america was primarily due to : ( i ) lower net sales in the home business , and ( ii ) lower net sales of cdma and iden infrastructure equipment , partially offset by higher net sales of wimax products .\nthe decrease in net sales in emea was primarily due to lower net sales of gsm infrastructure equipment , partially offset by higher net sales of wimax products and higher net sales in the home business .\nthe decrease in net sales in asia was primarily driven by lower net sales of gsm , umts and cdma infrastructure equipment , partially offset by higher net sales in the home business .\nthe decrease in net sales in latin america was primarily due to : ( i ) lower net sales in the home business , and ( ii ) lower net sales of iden infrastructure equipment , partially offset by higher net sales of wimax products .\nnet sales in north america accounted for approximately 51% ( 51 % ) of the segment 2019s total net sales in 2009 , compared to approximately 50% ( 50 % ) of the segment 2019s total net sales in 2008. .\n\nQuestion: what was the average segment net sales from 2007 to 2009 in millions",
        "solution": "9354.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_105.pdf\n\nID: C/2008/page_105.pdf-2\n\nPrevious Text:\nsources of liquidity primary sources of liquidity for citigroup and its principal subsidiaries include : 2022 deposits ; 2022 collateralized financing transactions ; 2022 senior and subordinated debt ; 2022 commercial paper ; 2022 trust preferred and preferred securities ; and 2022 purchased/wholesale funds .\ncitigroup 2019s funding sources are diversified across funding types and geography , a benefit of its global franchise .\nfunding for citigroup and its major operating subsidiaries includes a geographically diverse retail and corporate deposit base of $ 774.2 billion .\nthese deposits are diversified across products and regions , with approximately two-thirds of them outside of the u.s .\nthis diversification provides the company with an important , stable and low-cost source of funding .\na significant portion of these deposits has been , and is expected to be , long-term and stable , and are considered to be core .\nthere are qualitative as well as quantitative assessments that determine the company 2019s calculation of core deposits .\nthe first step in this process is a qualitative assessment of the deposits .\nfor example , as a result of the company 2019s qualitative analysis certain deposits with wholesale funding characteristics are excluded from consideration as core .\ndeposits that qualify under the company 2019s qualitative assessments are then subjected to quantitative analysis .\nexcluding the impact of changes in foreign exchange rates and the sale of our retail banking operations in germany during the year ending december 31 , 2008 , the company 2019s deposit base remained stable .\non a volume basis , deposit increases were noted in transaction services , u.s .\nretail banking and smith barney .\nthis was partially offset by the company 2019s decision to reduce deposits considered wholesale funding , consistent with the company 2019s de-leveraging efforts , and declines in international consumer banking and the private bank .\ncitigroup and its subsidiaries have historically had a significant presence in the global capital markets .\nthe company 2019s capital markets funding activities have been primarily undertaken by two legal entities : ( i ) citigroup inc. , which issues long-term debt , medium-term notes , trust preferred securities , and preferred and common stock ; and ( ii ) citigroup funding inc .\n( cfi ) , a first-tier subsidiary of citigroup , which issues commercial paper , medium-term notes and structured equity-linked and credit-linked notes , all of which are guaranteed by citigroup .\nother significant elements of long- term debt on the consolidated balance sheet include collateralized advances from the federal home loan bank system , long-term debt related to the consolidation of icg 2019s structured investment vehicles , asset-backed outstandings , and certain borrowings of foreign subsidiaries .\neach of citigroup 2019s major operating subsidiaries finances its operations on a basis consistent with its capitalization , regulatory structure and the environment in which it operates .\nparticular attention is paid to those businesses that for tax , sovereign risk , or regulatory reasons cannot be freely and readily funded in the international markets .\ncitigroup 2019s borrowings have historically been diversified by geography , investor , instrument and currency .\ndecisions regarding the ultimate currency and interest rate profile of liquidity generated through these borrowings can be separated from the actual issuance through the use of derivative instruments .\ncitigroup is a provider of liquidity facilities to the commercial paper programs of the two primary credit card securitization trusts with which it transacts .\ncitigroup may also provide other types of support to the trusts .\nas a result of the recent economic downturn , its impact on the cashflows of the trusts , and in response to credit rating agency reviews of the trusts , the company increased the credit enhancement in the omni trust , and plans to provide additional enhancement to the master trust ( see note 23 to consolidated financial statements on page 175 for a further discussion ) .\nthis support preserves investor sponsorship of our card securitization franchise , an important source of liquidity .\nbanking subsidiaries there are various legal limitations on the ability of citigroup 2019s subsidiary depository institutions to extend credit , pay dividends or otherwise supply funds to citigroup and its non-bank subsidiaries .\nthe approval of the office of the comptroller of the currency , in the case of national banks , or the office of thrift supervision , in the case of federal savings banks , is required if total dividends declared in any calendar year exceed amounts specified by the applicable agency 2019s regulations .\nstate-chartered depository institutions are subject to dividend limitations imposed by applicable state law .\nin determining the declaration of dividends , each depository institution must also consider its effect on applicable risk-based capital and leverage ratio requirements , as well as policy statements of the federal regulatory agencies that indicate that banking organizations should generally pay dividends out of current operating earnings .\nnon-banking subsidiaries citigroup also receives dividends from its non-bank subsidiaries .\nthese non-bank subsidiaries are generally not subject to regulatory restrictions on dividends .\nhowever , as discussed in 201ccapital resources and liquidity 201d on page 94 , the ability of cgmhi to declare dividends can be restricted by capital considerations of its broker-dealer subsidiaries .\ncgmhi 2019s consolidated balance sheet is liquid , with the vast majority of its assets consisting of marketable securities and collateralized short-term financing agreements arising from securities transactions .\ncgmhi monitors and evaluates the adequacy of its capital and borrowing base on a daily basis to maintain liquidity and to ensure that its capital base supports the regulatory capital requirements of its subsidiaries .\nsome of citigroup 2019s non-bank subsidiaries , including cgmhi , have credit facilities with citigroup 2019s subsidiary depository institutions , including citibank , n.a .\nborrowings under these facilities must be secured in accordance with section 23a of the federal reserve act .\nthere are various legal restrictions on the extent to which a bank holding company and certain of its non-bank subsidiaries can borrow or obtain credit from citigroup 2019s subsidiary depository institutions or engage in certain other transactions with them .\nin general , these restrictions require that transactions be on arm 2019s length terms and be secured by designated amounts of specified collateral .\nsee note 20 to the consolidated financial statements on page 169 .\nat december 31 , 2008 , long-term debt and commercial paper outstanding for citigroup , cgmhi , cfi and citigroup 2019s subsidiaries were as follows : in billions of dollars citigroup parent company cgmhi ( 2 ) citigroup funding inc .\n( 2 ) citigroup subsidiaries long-term debt $ 192.3 $ 20.6 $ 37.4 $ 109.3 ( 1 ) .\n\nTable Data:\n[['in billions of dollars', 'citigroup parent company', 'cgmhi ( 2 )', 'citigroup funding inc. ( 2 )', 'other citigroup subsidiaries', ''], ['long-term debt', '$ 192.3', '$ 20.6', '$ 37.4', '$ 109.3', '-1 ( 1 )'], ['commercial paper', '$ 2014', '$ 2014', '$ 28.6', '$ 0.5', '']]\n\nFollowing Text:\n( 1 ) at december 31 , 2008 , approximately $ 67.4 billion relates to collateralized advances from the federal home loan bank .\n( 2 ) citigroup inc .\nguarantees all of cfi 2019s debt and cgmhi 2019s publicly issued securities. .\n\nQuestion: in 2008 what was the ratio of the citigroup parent company to the other citigroup subsidiaries long-term debt",
        "solution": "1.76"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2018/page_39.pdf\n\nID: WRK/2018/page_39.pdf-6\n\nPrevious Text:\nholders of grupo gondi manage the joint venture and we provide technical and commercial resources .\nwe believe the joint venture is helping us to grow our presence in the attractive mexican market .\nwe have included the financial results of the joint venture in our corrugated packaging segment since the date of formation .\nwe are accounting for the investment on the equity method .\non january 19 , 2016 , we completed the packaging acquisition .\nthe entities acquired provide value-added folding carton and litho-laminated display packaging solutions .\nwe believe the transaction has provided us with attractive and complementary customers , markets and facilities .\nwe have included the financial results of the acquired entities in our consumer packaging segment since the date of the acquisition .\non october 1 , 2015 , we completed the sp fiber acquisition .\nthe transaction included the acquisition of mills located in dublin , ga and newberg , or , which produce lightweight recycled containerboard and kraft and bag paper .\nthe newberg mill also produced newsprint .\nas part of the transaction , we also acquired sp fiber's 48% ( 48 % ) interest in green power solutions of georgia , llc ( fffdgps fffd ) , which we consolidate .\ngps is a joint venture providing steam to the dublin mill and electricity to georgia power .\nsubsequent to the transaction , we announced the permanent closure of the newberg mill due to the decline in market conditions of the newsprint business and our need to balance supply and demand in our containerboard system .\nwe have included the financial results of the acquired entities in our corrugated packaging segment since the date of the acquisition .\nsee fffdnote 2 .\nmergers , acquisitions and investment fffdtt of the notes to consolidated financial statements for additional information .\nsee also item 1a .\nfffdrisk factors fffd fffdwe may be unsuccessful in making and integrating mergers , acquisitions and investments and completing divestitures fffd .\nbusiness .\n\nTable Data:\n[['( in millions )', 'year ended september 30 , 2018', 'year ended september 30 , 2017', 'year ended september 30 , 2016'], ['net sales', '$ 16285.1', '$ 14859.7', '$ 14171.8'], ['segment income', '$ 1685.0', '$ 1193.5', '$ 1226.2']]\n\nFollowing Text:\nin fiscal 2018 , we continued to pursue our strategy of offering differentiated paper and packaging solutions that help our customers win .\nwe successfully executed this strategy in fiscal 2018 in a rapidly changing cost and price environment .\nnet sales of $ 16285.1 million for fiscal 2018 increased $ 1425.4 million , or 9.6% ( 9.6 % ) , compared to fiscal 2017 .\nthe increase was primarily a result of an increase in corrugated packaging segment sales , driven by higher selling price/mix and the contributions from acquisitions , and increased consumer packaging segment sales , primarily due to the contribution from acquisitions ( primarily the mps acquisition ) .\nthese increases were partially offset by the absence of net sales from hh&b in fiscal 2018 due to the sale of hh&b in april 2017 and lower land and development segment sales compared to the prior year period due to the timing of real estate sales as we monetize the portfolio and lower merchandising display sales in the consumer packaging segment .\nsegment income increased $ 491.5 million in fiscal 2018 compared to fiscal 2017 , primarily due to increased corrugated packaging segment income .\nwith respect to segment income , we experienced higher levels of cost inflation during fiscal 2018 as compared to fiscal 2017 , which was partially offset by recycled fiber deflation .\nthe primary inflationary items were freight costs , chemical costs , virgin fiber costs and wage and other costs .\nproductivity improvements in fiscal 2018 more than offset the net impact of cost inflation .\nwhile it is difficult to predict specific inflationary items , we expect higher cost inflation to continue through fiscal 2019 .\nour corrugated packaging segment increased its net sales by $ 695.1 million in fiscal 2018 to $ 9103.4 million from $ 8408.3 million in fiscal 2017 .\nthe increase in net sales was primarily due to higher corrugated selling price/mix and higher corrugated volumes ( including acquisitions ) , which were partially offset by lower net sales from recycling operations due to lower recycled fiber costs , lower sales related to the deconsolidation of a foreign joint venture in fiscal 2017 and the impact of foreign currency .\nnorth american box shipments increased 4.1% ( 4.1 % ) on a per day basis in fiscal 2018 compared to fiscal 2017 .\nsegment income attributable to the corrugated packaging segment in fiscal 2018 increased $ 454.0 million to $ 1207.9 million compared to $ 753.9 million in fiscal 2017 .\nthe increase was primarily due to higher selling price/mix , lower recycled fiber costs and productivity improvements which were partially offset by higher levels of cost inflation and other items , including increased depreciation and amortization .\nour consumer packaging segment increased its net sales by $ 838.9 million in fiscal 2018 to $ 7291.4 million from $ 6452.5 million in fiscal 2017 .\nthe increase in net sales was primarily due to an increase in net sales from acquisitions ( primarily the mps acquisition ) and higher selling price/mix partially offset by the absence of net sales from hh&b in fiscal 2018 due to the hh&b sale in april 2017 and lower volumes .\nsegment income attributable to .\n\nQuestion: what was the percentage growth in the consumer packaging segment net sales in 2018 from 2017 by $ million in fiscal 2018 to $ 7291.4 million from $ million in fiscal 2017 .",
        "solution": "13.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2009/page_85.pdf\n\nID: ABMD/2009/page_85.pdf-3\n\nPrevious Text:\nabiomed , inc .\nand subsidiaries notes to consolidated financial statements 2014 ( continued ) note 12 .\nstock award plans and stock based compensation ( continued ) compensation expense recognized related to the company 2019s espp was approximately $ 0.1 million for each of the years ended march 31 , 2009 , 2008 and 2007 respectively .\nthe fair value of shares issued under the employee stock purchase plan was estimated on the commencement date of each offering period using the black-scholes option-pricing model with the following assumptions: .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['risk-free interest rate', '1.01% ( 1.01 % )', '4.61% ( 4.61 % )', '4.84% ( 4.84 % )'], ['expected life ( years )', '0.5', '0.5', '0.5'], ['expected volatility', '67.2% ( 67.2 % )', '45.2% ( 45.2 % )', '39.8% ( 39.8 % )']]\n\nFollowing Text:\nnote 13 .\ncapital stock in august 2008 , the company issued 2419932 shares of its common stock at a price of $ 17.3788 in a public offering , which resulted in net proceeds to the company of approximately $ 42.0 million , after deducting offering expenses .\nin march 2007 , the company issued 5000000 shares of common stock in a public offering , and in april 2007 , an additional 80068 shares of common stock were issued in connection with the offering upon the partial exercise of the underwriters 2019 over-allotment option .\nthe company has authorized 1000000 shares of class b preferred stock , $ 0.01 par value , of which the board of directors can set the designation , rights and privileges .\nno shares of class b preferred stock have been issued or are outstanding .\nnote 14 .\nincome taxes deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to tax benefit carryforwards and to differences between the financial statement amounts of assets and liabilities and their respective tax basis .\ndeferred tax assets and liabilities are measured using enacted tax rates .\na valuation reserve is established if it is more likely than not that all or a portion of the deferred tax asset will not be realized .\nthe tax benefit associated with the stock option compensation deductions will be credited to equity when realized .\nat march 31 , 2009 , the company had federal and state net operating loss carryforwards , or nols , of approximately $ 145.1 million and $ 97.1 million , respectively , which begin to expire in fiscal 2010 .\nadditionally , at march 31 , 2009 , the company had federal and state research and development credit carryforwards of approximately $ 8.1 million and $ 4.2 million , respectively , which begin to expire in fiscal 2010 .\nthe company acquired impella , a german-based company , in may 2005 .\nimpella had pre-acquisition net operating losses of approximately $ 18.2 million at the time of acquisition ( which is denominated in euros and is subject to foreign exchange remeasurement at each balance sheet date presented ) , and has since incurred net operating losses in each fiscal year since the acquisition .\nduring fiscal 2008 , the company determined that approximately $ 1.2 million of pre-acquisition operating losses could not be utilized .\nthe utilization of pre-acquisition net operating losses of impella in future periods is subject to certain statutory approvals and business requirements .\ndue to uncertainties surrounding the company 2019s ability to generate future taxable income to realize these assets , a full valuation allowance has been established to offset the company 2019s net deferred tax assets and liabilities .\nadditionally , the future utilization of the company 2019s nol and research and development credit carry forwards to offset future taxable income may be subject to a substantial annual limitation under section 382 of the internal revenue code due to ownership changes that have occurred previously or that could occur in the future .\nownership changes , as defined in section 382 of the internal revenue code , can limit the amount of net operating loss carry forwards and research and development credit carry forwards that a company can use each year to offset future taxable income and taxes payable .\nthe company believes that all of its federal and state nol 2019s will be available for carryforward to future tax periods , subject to the statutory maximum carryforward limitation of any annual nol .\nany future potential limitation to all or a portion of the nol or research and development credit carry forwards , before they can be utilized , would reduce the company 2019s gross deferred tax assets .\nthe company will monitor subsequent ownership changes , which could impose limitations in the future. .\n\nQuestion: what is the growth rate in risk-free interest rate from 2007 to 2008?",
        "solution": "-4.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2007/page_119.pdf\n\nID: JPM/2007/page_119.pdf-2\n\nPrevious Text:\njpmorgan chase & co .\n/ 2007 annual report 117 nonrecurring fair value changes the following table presents the total change in value of financial instruments for which a fair value adjustment has been included in the consolidated statement of income for the year ended december 31 , 2007 , related to financial instruments held at december 31 , 2007 .\nyear ended december 31 , 2007 ( in millions ) 2007 .\n\nTable Data:\n[['year ended december 31 2007 ( in millions )', '2007'], ['loans', '$ -720 ( 720 )'], ['other assets', '-161 ( 161 )'], ['accounts payable accrued expense and other liabilities', '2'], ['total nonrecurring fair value gains ( losses )', '$ -879 ( 879 )']]\n\nFollowing Text:\nin the above table , loans principally include changes in fair value for loans carried on the balance sheet at the lower of cost or fair value ; and accounts payable , accrued expense and other liabilities principally includes the change in fair value for unfunded lending-related commitments within the leveraged lending portfolio .\nlevel 3 assets analysis level 3 assets ( including assets measured at the lower of cost or fair value ) were 5% ( 5 % ) of total firm assets at december 31 , 2007 .\nthese assets increased during 2007 principally during the second half of the year , when liquidity in mortgages and other credit products fell dra- matically .\nthe increase was primarily due to an increase in leveraged loan balances within level 3 as the ability of the firm to syndicate this risk to third parties became limited by the credit environment .\nin addi- tion , there were transfers from level 2 to level 3 during 2007 .\nthese transfers were principally for instruments within the mortgage market where inputs which are significant to their valuation became unob- servable during the year .\nsubprime and alt-a whole loans , subprime home equity securities , commercial mortgage-backed mezzanine loans and credit default swaps referenced to asset-backed securities consti- tuted the majority of the affected instruments , reflecting a significant decline in liquidity in these instruments in the third and fourth quarters of 2007 , as new issue activity was nonexistent and independent pric- ing information was no longer available for these assets .\ntransition in connection with the initial adoption of sfas 157 , the firm recorded the following on january 1 , 2007 : 2022 a cumulative effect increase to retained earnings of $ 287 million , primarily related to the release of profit previously deferred in accordance with eitf 02-3 ; 2022 an increase to pretax income of $ 166 million ( $ 103 million after-tax ) related to the incorporation of the firm 2019s creditworthiness in the valuation of liabilities recorded at fair value ; and 2022 an increase to pretax income of $ 464 million ( $ 288 million after-tax ) related to valuations of nonpublic private equity investments .\nprior to the adoption of sfas 157 , the firm applied the provisions of eitf 02-3 to its derivative portfolio .\neitf 02-3 precluded the recogni- tion of initial trading profit in the absence of : ( a ) quoted market prices , ( b ) observable prices of other current market transactions or ( c ) other observable data supporting a valuation technique .\nin accor- dance with eitf 02-3 , the firm recognized the deferred profit in principal transactions revenue on a systematic basis ( typically straight- line amortization over the life of the instruments ) and when observ- able market data became available .\nprior to the adoption of sfas 157 the firm did not incorporate an adjustment into the valuation of liabilities carried at fair value on the consolidated balance sheet .\ncommencing january 1 , 2007 , in accor- dance with the requirements of sfas 157 , an adjustment was made to the valuation of liabilities measured at fair value to reflect the credit quality of the firm .\nprior to the adoption of sfas 157 , privately held investments were initially valued based upon cost .\nthe carrying values of privately held investments were adjusted from cost to reflect both positive and neg- ative changes evidenced by financing events with third-party capital providers .\nthe investments were also subject to ongoing impairment reviews by private equity senior investment professionals .\nthe increase in pretax income related to nonpublic private equity investments in connection with the adoption of sfas 157 was due to there being sufficient market evidence to support an increase in fair values using the sfas 157 methodology , although there had not been an actual third-party market transaction related to such investments .\nfinancial disclosures required by sfas 107 sfas 107 requires disclosure of the estimated fair value of certain financial instruments and the methods and significant assumptions used to estimate their fair values .\nmany but not all of the financial instruments held by the firm are recorded at fair value on the consolidated balance sheets .\nfinancial instruments within the scope of sfas 107 that are not carried at fair value on the consolidated balance sheets are discussed below .\nadditionally , certain financial instruments and all nonfinancial instruments are excluded from the scope of sfas 107 .\naccordingly , the fair value disclosures required by sfas 107 provide only a partial estimate of the fair value of jpmorgan chase .\nfor example , the firm has developed long-term relationships with its customers through its deposit base and credit card accounts , commonly referred to as core deposit intangibles and credit card relationships .\nin the opinion of management , these items , in the aggregate , add significant value to jpmorgan chase , but their fair value is not disclosed in this note .\nfinancial instruments for which fair value approximates carrying value certain financial instruments that are not carried at fair value on the consolidated balance sheets are carried at amounts that approxi- mate fair value due to their short-term nature and generally negligi- ble credit risk .\nthese instruments include cash and due from banks , deposits with banks , federal funds sold , securities purchased under resale agreements with short-dated maturities , securities borrowed , short-term receivables and accrued interest receivable , commercial paper , federal funds purchased , securities sold under repurchase agreements with short-dated maturities , other borrowed funds , accounts payable and accrued liabilities .\nin addition , sfas 107 requires that the fair value for deposit liabilities with no stated matu- rity ( i.e. , demand , savings and certain money market deposits ) be equal to their carrying value .\nsfas 107 does not allow for the recog- nition of the inherent funding value of these instruments. .\n\nQuestion: loan fv changes made up how much of the total nonrecurring fair value losses?",
        "solution": "82%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RL/2018/page_9.pdf\n\nID: RL/2018/page_9.pdf-1\n\nPrevious Text:\nconcession-based shop-within-shops .\nin addition , we sell our products online through various third-party digital partner commerce sites .\nin asia , our wholesale business is comprised primarily of sales to department stores , with related products distributed through shop-within-shops .\nno operating segments were aggregated to form our reportable segments .\nin addition to these reportable segments , we also have other non-reportable segments , representing approximately 7% ( 7 % ) of our fiscal 2018 net revenues , which primarily consist of ( i ) sales of club monaco branded products made through our retail businesses in the u.s. , canada , and europe , and our licensing alliances in europe and asia , ( ii ) sales of ralph lauren branded products made through our wholesale business in latin america , and ( iii ) royalty revenues earned through our global licensing alliances , excluding club monaco .\nthis segment structure is consistent with how we establish our overall business strategy , allocate resources , and assess performance of our company .\napproximately 45% ( 45 % ) of our fiscal 2018 net revenues were earned outside of the u.s .\nsee note 19 to the accompanying consolidated financial statements for a summary of net revenues and operating income by segment , as well as net revenues and long-lived assets by geographic location .\nour wholesale business our wholesale business sells our products globally to leading upscale and certain mid-tier department stores , specialty stores , and golf and pro shops .\nwe have continued to focus on elevating our brand by improving in-store product assortment and presentation , as well as full-price sell-throughs to consumers .\nas of the end of fiscal 2018 , our wholesale products were sold through over 12000 doors worldwide , with the majority in specialty stores .\nour products are also increasingly being sold through the digital commerce sites of many of our wholesale customers .\nthe primary product offerings sold through our wholesale channels of distribution include apparel , accessories , and home furnishings .\nour luxury brands , including ralph lauren collection and ralph lauren purple label , are distributed worldwide through a limited number of premier fashion retailers .\nin north america , our wholesale business is comprised primarily of sales to department stores , and to a lesser extent , specialty stores .\nin europe , our wholesale business is comprised of a varying mix of sales to both department stores and specialty stores , depending on the country .\nin asia , our wholesale business is comprised primarily of sales to department stores , with related products distributed through shop-within-shops .\nwe also distribute our wholesale products to certain licensed stores operated by our partners in latin america , asia , europe , and the middle east .\nwe sell the majority of our excess and out-of-season products through secondary distribution channels worldwide , including our retail factory stores .\nworldwide wholesale distribution channels the following table presents by segment the number of wholesale doors in our primary channels of distribution as of march 31 , 2018 and april 1 , march 31 , april 1 .\n\nTable Data:\n[['', 'march 312018', 'april 12017'], ['north america', '6848', '7018'], ['europe', '4928', '5690'], ['asia', '341', '187'], ['other non-reportable segments', '109', '171'], ['total', '12226', '13066']]\n\nFollowing Text:\nwe have three key wholesale customers that generate significant sales volume .\nduring fiscal 2018 , sales to our largest wholesale customer , macy's , inc .\n( \"macy's\" ) , accounted for approximately 8% ( 8 % ) of our total net revenues .\nfurther , during fiscal 2018 , sales to our three largest wholesale customers , including macy's , accounted for approximately 19% ( 19 % ) of our total net revenues , as compared to approximately 21% ( 21 % ) during fiscal 2017 .\nsubstantially all sales to our three largest wholesale customers related to our north america segment .\nour products are sold primarily by our own sales forces .\nour wholesale business maintains its primary showrooms in new york city .\nin addition , we maintain regional showrooms in bologna , geneva , london , madrid , munich , panama , paris , and stockholm. .\n\nQuestion: what percentage of wholesale distribution channels are due to europe as of march 31 , 2018?",
        "solution": "40%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2013/page_54.pdf\n\nID: STT/2013/page_54.pdf-4\n\nPrevious Text:\nshareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index , the s&p financial index and the kbw bank index over a five- year period .\nthe cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2008 at the closing price on the last trading day of 2008 , and also assumes reinvestment of common stock dividends .\nthe s&p financial index is a publicly available measure of 81 of the standard & poor's 500 companies , representing 17 diversified financial services companies , 22 insurance companies , 19 real estate companies and 23 banking companies .\nthe kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s. , and is composed of 24 leading national money center and regional banks and thrifts. .\n\nTable Data:\n[['', '2008', '2009', '2010', '2011', '2012', '2013'], ['state street corporation', '$ 100', '$ 111', '$ 118', '$ 105', '$ 125', '$ 198'], ['s&p 500 index', '100', '126', '146', '149', '172', '228'], ['s&p financial index', '100', '117', '132', '109', '141', '191'], ['kbw bank index', '100', '98', '121', '93', '122', '168']]\n\nFollowing Text:\n.\n\nQuestion: how much higher are the returns of the s&p 500 in the same period ( 2008-2013 ) ? as a percentage .",
        "solution": "30%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2005/page_32.pdf\n\nID: IP/2005/page_32.pdf-1\n\nPrevious Text:\nmanagement believes it is important for interna- tional paper to maintain an investment-grade credit rat- ing to facilitate access to capital markets on favorable terms .\nat december 31 , 2005 , the company held long- term credit ratings of bbb ( negative outlook ) and baa3 ( stable outlook ) from standard & poor 2019s and moody 2019s investor services , respectively .\ncash provided by operations cash provided by continuing operations totaled $ 1.5 billion for 2005 , compared with $ 2.1 billion in 2004 and $ 1.5 billion in 2003 .\nthe major components of cash provided by continuing operations are earnings from continuing operations adjusted for non-cash in- come and expense items and changes in working capital .\nearnings from continuing operations adjusted for non-cash items declined by $ 83 million in 2005 versus 2004 .\nthis compared with an increase of $ 612 million for 2004 over 2003 .\nworking capital , representing international paper 2019s investments in accounts receivable and inventory less accounts payable and accrued liabilities , was $ 2.6 billion at december 31 , 2005 .\ncash used for working capital components increased by $ 591 million in 2005 , com- pared with a $ 86 million increase in 2004 and an $ 11 million increase in 2003 .\nthe increase in 2005 was principally due to a decline in accrued liabilities at de- cember 31 , 2005 .\ninvestment activities capital spending from continuing operations was $ 1.2 billion in 2005 , or 84% ( 84 % ) of depreciation and amor- tization , comparable to the $ 1.2 billion , or 87% ( 87 % ) of depreciation and amortization in 2004 , and $ 1.0 billion , or 74% ( 74 % ) of depreciation and amortization in 2003 .\nthe following table presents capital spending from continuing operations by each of our business segments for the years ended december 31 , 2005 , 2004 and 2003 .\nin millions 2005 2004 2003 .\n\nTable Data:\n[['in millions', '2005', '2004', '2003'], ['printing papers', '$ 658', '$ 590', '$ 482'], ['industrial packaging', '187', '179', '165'], ['consumer packaging', '131', '205', '128'], ['distribution', '9', '5', '12'], ['forest products', '121', '126', '121'], ['specialty businesses and other', '31', '39', '31'], ['subtotal', '1137', '1144', '939'], ['corporate and other', '18', '32', '54'], ['total from continuing operations', '$ 1155', '$ 1176', '$ 993']]\n\nFollowing Text:\nwe expect capital expenditures in 2006 to be about $ 1.2 billion , or about 80% ( 80 % ) of depreciation and amor- tization .\nwe will continue to focus our future capital spending on improving our key platform businesses in north america and on investments in geographic areas with strong growth opportunities .\nacquisitions in october 2005 , international paper acquired ap- proximately 65% ( 65 % ) of compagnie marocaine des cartons et des papiers ( cmcp ) , a leading moroccan corrugated packaging company , for approximately $ 80 million in cash plus assumed debt of approximately $ 40 million .\nin august 2005 , pursuant to an existing agreement , international paper purchased a 50% ( 50 % ) third-party interest in ippm ( subsequently renamed international paper distribution limited ) for $ 46 million to facilitate possi- ble further growth in asian markets .\nin 2001 , interna- tional paper had acquired a 25% ( 25 % ) interest in this business .\nthe accompanying consolidated balance sheet as of december 31 , 2005 includes preliminary estimates of the fair values of the assets and liabilities acquired , including approximately $ 50 million of goodwill .\nin july 2004 , international paper acquired box usa holdings , inc .\n( box usa ) for approximately $ 400 million , including the assumption of approximately $ 197 million of debt , of which approximately $ 193 mil- lion was repaid by july 31 , 2004 .\neach of the above acquisitions was accounted for using the purchase method .\nthe operating results of these acquisitions have been included in the con- solidated statement of operations from the dates of ac- quisition .\nfinancing activities 2005 : financing activities during 2005 included debt issuances of $ 1.0 billion and retirements of $ 2.7 billion , for a net debt and preferred securities reduction of $ 1.7 billion .\nin november and december 2005 , international paper investments ( luxembourg ) s.ar.l. , a wholly- owned subsidiary of international paper , issued $ 700 million of long-term debt with an initial interest rate of libor plus 40 basis points that can vary depending upon the credit rating of the company , and a maturity date in november 2010 .\nadditionally , the subsidiary borrowed $ 70 million under a bank credit agreement with an initial interest rate of libor plus 40 basis points that can vary depending upon the credit rating of the company , and a maturity date in november 2006 .\nin december 2005 , international paper used pro- ceeds from the above borrowings , and from the sale of chh in the third quarter of 2005 , to repay approx- imately $ 190 million of notes with coupon rates ranging from 3.8% ( 3.8 % ) to 10% ( 10 % ) and original maturities from 2008 to 2029 .\nthe remaining proceeds from the borrowings and the chh sale will be used for further debt reductions in the first quarter of 2006. .\n\nQuestion: what percentage of capital spending from continuing operations was from the printing papers segment in 2005?",
        "solution": "57%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2012/page_123.pdf\n\nID: AMT/2012/page_123.pdf-3\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements the allocation of the purchase price was finalized during the year ended december 31 , 2012 .\nthe following table summarizes the allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition ( in thousands ) : purchase price allocation .\n\nTable Data:\n[['', 'final purchase price allocation'], ['non-current assets', '$ 2'], ['property and equipment', '3590'], ['intangible assets ( 1 )', '1062'], ['other non-current liabilities', '-91 ( 91 )'], ['fair value of net assets acquired', '$ 4563'], ['goodwill ( 2 )', '89']]\n\nFollowing Text:\n( 1 ) consists of customer-related intangibles of approximately $ 0.4 million and network location intangibles of approximately $ 0.7 million .\nthe customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years .\n( 2 ) the company expects that the goodwill recorded will be deductible for tax purposes .\nthe goodwill was allocated to the company 2019s international rental and management segment .\ncolombia 2014colombia movil acquisition 2014on july 17 , 2011 , the company entered into a definitive agreement with colombia movil s.a .\ne.s.p .\n( 201ccolombia movil 201d ) , whereby atc sitios infraco , s.a.s. , a colombian subsidiary of the company ( 201catc infraco 201d ) , would purchase up to 2126 communications sites from colombia movil for an aggregate purchase price of approximately $ 182.0 million .\nfrom december 21 , 2011 through the year ended december 31 , 2012 , atc infraco completed the purchase of 1526 communications sites for an aggregate purchase price of $ 136.2 million ( including contingent consideration of $ 17.3 million ) , subject to post-closing adjustments .\nthrough a subsidiary , millicom international cellular s.a .\n( 201cmillicom 201d ) exercised its option to acquire an indirect , substantial non-controlling interest in atc infraco .\nunder the terms of the agreement , the company is required to make additional payments upon the conversion of certain barter agreements with other wireless carriers to cash paying lease agreements .\nbased on the company 2019s current estimates , the value of potential contingent consideration payments required to be made under the amended agreement is expected to be between zero and $ 32.8 million and is estimated to be $ 17.3 million using a probability weighted average of the expected outcomes at december 31 , 2012 .\nduring the year ended december 31 , 2012 , the company recorded a reduction in fair value of $ 1.2 million , which is included in other operating expenses in the consolidated statements of operations. .\n\nQuestion: based on the final purchase price allocation what was the ratio of the property and equipment to the intangible assets",
        "solution": "3.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2018/page_111.pdf\n\nID: MRO/2018/page_111.pdf-1\n\nPrevious Text:\nsupplementary information on oil and gas producing activities ( unaudited ) 2018 proved reserves decreased by 168 mmboe primarily due to the following : 2022 revisions of previous estimates : increased by 84 mmboe including an increase of 108 mmboe associated with the acceleration of higher economic wells in the u.s .\nresource plays into the 5-year plan and an increase of 15 mmboe associated with wells to sales that were additions to the plan , partially offset by a decrease of 39 mmboe due to technical revisions across the business .\n2022 extensions , discoveries , and other additions : increased by 102 mmboe primarily in the u.s .\nresource plays due to an increase of 69 mmboe associated with the expansion of proved areas and an increase of 33 mmboe associated with wells to sales from unproved categories .\n2022 production : decreased by 153 mmboe .\n2022 sales of reserves in place : decreased by 201 mmboe including 196 mmboe associated with the sale of our subsidiary in libya , 4 mmboe associated with divestitures of certain conventional assets in new mexico and michigan , and 1 mmboe associated with the sale of the sarsang block in kurdistan .\n2017 proved reserves decreased by 647 mmboe primarily due to the following : 2022 revisions of previous estimates : increased by 49 mmboe primarily due to the acceleration of higher economic wells in the bakken into the 5-year plan resulting in an increase of 44 mmboe , with the remainder being due to revisions across the business .\n2022 extensions , discoveries , and other additions : increased by 116 mmboe primarily due to an increase of 97 mmboe associated with the expansion of proved areas and wells to sales from unproved categories in oklahoma .\n2022 purchases of reserves in place : increased by 28 mmboe from acquisitions of assets in the northern delaware basin in new mexico .\n2022 production : decreased by 145 mmboe .\n2022 sales of reserves in place : decreased by 695 mmboe including 685 mmboe associated with the sale of our canadian business and 10 mmboe associated with divestitures of certain conventional assets in oklahoma and colorado .\nsee item 8 .\nfinancial statements and supplementary data - note 5 to the consolidated financial statements for information regarding these dispositions .\n2016 proved reserves decreased by 67 mmboe primarily due to the following : 2022 revisions of previous estimates : increased by 63 mmboe primarily due to an increase of 151 mmboe associated with the acceleration of higher economic wells in the u.s .\nresource plays into the 5-year plan and a decrease of 64 mmboe due to u.s .\ntechnical revisions .\n2022 extensions , discoveries , and other additions : increased by 60 mmboe primarily associated with the expansion of proved areas and new wells to sales from unproven categories in oklahoma .\n2022 purchases of reserves in place : increased by 34 mmboe from acquisition of stack assets in oklahoma .\n2022 production : decreased by 144 mmboe .\n2022 sales of reserves in place : decreased by 84 mmboe associated with the divestitures of certain wyoming and gulf of mexico assets .\nchanges in proved undeveloped reserves as of december 31 , 2018 , 529 mmboe of proved undeveloped reserves were reported , a decrease of 17 mmboe from december 31 , 2017 .\nthe following table shows changes in proved undeveloped reserves for 2018 : ( mmboe ) .\n\nTable Data:\n[['beginning of year', '546'], ['revisions of previous estimates', '47'], ['extensions discoveries and other additions', '61'], ['dispositions', '-19 ( 19 )'], ['transfers to proved developed', '-106 ( 106 )'], ['end of year', '529']]\n\nFollowing Text:\n.\n\nQuestion: what percentage decrease of proved undeveloped reserves occurred during 2018?",
        "solution": "3.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2009/page_107.pdf\n\nID: ETR/2009/page_107.pdf-3\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .\nentergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .\nthese notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .\nin accordance with the purchase agreement with nypa , the purchase of indian point 2 in 2001 resulted in entergy's non-utility nuclear business becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 .\nthis liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .\nin july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .\nunder a provision in a letter of credit supporting these notes , if certain of the utility operating companies or system energy were to default on other indebtedness , entergy could be required to post collateral to support the letter of credit .\ncovenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .\nif entergy's debt ratio exceeds this limit , or if entergy corporation or certain of the utility operating companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .\nentergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy texas , and system energy have received ferc long-term financing orders authorizing long-term securities issuances .\nentergy arkansas has received an apsc long-term financing order authorizing long-term securities issuances .\nthe long-term securities issuances of entergy new orleans are limited to amounts authorized by the city council , and the current authorization extends through august 2010 .\ncapital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to : maintain system energy's equity capital at a minimum of 35% ( 35 % ) of its total capitalization ( excluding short- term debt ) ; permit the continued commercial operation of grand gulf ; pay in full all system energy indebtedness for borrowed money when due ; and enable system energy to make payments on specific system energy debt , under supplements to the agreement assigning system energy's rights in the agreement as security for the specific debt .\nentergy texas securitization bonds - hurricane rita in april 2007 , the puct issued a financing order authorizing the issuance of securitization bonds to recover $ 353 million of entergy texas' hurricane rita reconstruction costs and up to $ 6 million of transaction costs , offset by $ 32 million of related deferred income tax benefits .\nin june 2007 , entergy gulf states reconstruction funding i , llc , a company wholly-owned and consolidated by entergy texas , issued $ 329.5 million of senior secured transition bonds ( securitization bonds ) , as follows : amount ( in thousands ) .\n\nTable Data:\n[['', 'amount ( in thousands )'], ['senior secured transition bonds series a:', ''], ['tranche a-1 ( 5.51% ( 5.51 % ) ) due october 2013', '$ 93500'], ['tranche a-2 ( 5.79% ( 5.79 % ) ) due october 2018', '121600'], ['tranche a-3 ( 5.93% ( 5.93 % ) ) due june 2022', '114400'], ['total senior secured transition bonds', '$ 329500']]\n\nFollowing Text:\n.\n\nQuestion: in 2007 what was percent of the total senior secured transition bonds that was tranche a-2 due in october 2018",
        "solution": "36.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2006/page_42.pdf\n\nID: CDNS/2006/page_42.pdf-3\n\nPrevious Text:\noperating expenses as a percentage of total revenue .\n\nTable Data:\n[['', '2006', '2005', '2004'], ['marketing and sales', '27% ( 27 % )', '28% ( 28 % )', '28% ( 28 % )'], ['research and development', '31% ( 31 % )', '29% ( 29 % )', '31% ( 31 % )'], ['general and administrative', '10% ( 10 % )', '10% ( 10 % )', '7% ( 7 % )']]\n\nFollowing Text:\noperating expense summary 2006 compared to 2005 overall operating expenses increased $ 122.5 million in 2006 , as compared to 2005 , primarily due to : 2022 an increase of $ 58.4 million in stock-based compensation expense due to our adoption of sfas no .\n123r ; and 2022 an increase of $ 49.2 million in salary , benefits and other employee-related costs , primarily due to an increased number of employees and increases in bonus and commission costs , in part due to our acquisition of verisity ltd. , or verisity , in the second quarter of 2005 .\n2005 compared to 2004 operating expenses increased $ 97.4 million in 2005 , as compared to 2004 , primarily due to : 2022 an increase of $ 63.3 million in employee salary and benefit costs , primarily due to our acquisition of verisity and increased bonus and commission costs ; 2022 an increase of $ 9.9 million in stock-based compensation expense due to grants of restricted stock and the assumption of options in our acquisitions ; 2022 an increase of $ 8.6 million in losses associated with the sale of installment contract receivables ; and 2022 an increase of $ 7.1 million in costs related to the retirement of our executive chairman and former president and chief executive officer in 2005 ; partially offset by 2022 our restructuring activities , as discussed below .\nmarketing and sales 2006 compared to 2005 marketing and sales expenses increased $ 39.4 million in 2006 , as compared to 2005 , primarily due to : 2022 an increase of $ 14.8 million in stock-based compensation expense due to our adoption of sfas no .\n123r ; 2022 an increase of $ 18.2 million in employee salary , commissions , benefits and other employee-related costs due to increased hiring of sales and technical personnel , and higher commissions earned resulting from an increase in 2006 sales performance ; and 2022 an increase of $ 7.8 million in marketing programs and customer-focused conferences due to our new marketing initiatives and increased travel to visit our customers .\n2005 compared to 2004 marketing and sales expenses increased $ 33.1 million in 2005 , as compared to 2004 , primarily due to : 2022 an increase of $ 29.4 million in employee salary , commission and benefit costs due to increased hiring of sales and technical personnel and higher employee bonuses and commissions ; and 2022 an increase of $ 1.6 million in stock-based compensation expense due to grants of restricted stock and the assumption of options in our acquisitions ; partially offset by 2022 a decrease of $ 1.9 million in marketing program costs. .\n\nQuestion: what portion of the increase of marketing and sales expense in 2006 is incurred by the increase in stock-based compensation expense due to our adoption of sfas no?",
        "solution": "37.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_125.pdf\n\nID: ETR/2004/page_125.pdf-2\n\nPrevious Text:\npart i item 1 entergy corporation , domestic utility companies , and system energy entergy louisiana holds non-exclusive franchises to provide electric service in approximately 116 incorporated louisiana municipalities .\nmost of these franchises have 25-year terms , although six of these municipalities have granted 60-year franchises .\nentergy louisiana also supplies electric service in approximately 353 unincorporated communities , all of which are located in louisiana parishes in which it holds non-exclusive franchises .\nentergy mississippi has received from the mpsc certificates of public convenience and necessity to provide electric service to areas within 45 counties , including a number of municipalities , in western mississippi .\nunder mississippi statutory law , such certificates are exclusive .\nentergy mississippi may continue to serve in such municipalities upon payment of a statutory franchise fee , regardless of whether an original municipal franchise is still in existence .\nentergy new orleans provides electric and gas service in the city of new orleans pursuant to city ordinances ( except electric service in algiers , which is provided by entergy louisiana ) .\nthese ordinances contain a continuing option for the city of new orleans to purchase entergy new orleans' electric and gas utility properties .\nthe business of system energy is limited to wholesale power sales .\nit has no distribution franchises .\nproperty and other generation resources generating stations the total capability of the generating stations owned and leased by the domestic utility companies and system energy as of december 31 , 2004 , is indicated below: .\n\nTable Data:\n[['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', '4709', '1613', '1837', '1189', '70'], ['entergy gulf states', '6485', '4890', '968', '627', '-'], ['entergy louisiana', '5363', '4276', '1087', '-', '-'], ['entergy mississippi', '2898', '2490', '-', '408', '-'], ['entergy new orleans', '915', '915', '-', '-', '-'], ['system energy', '1143', '-', '1143', '-', '-'], ['total', '21513', '14184', '5035', '2224', '70']]\n\nFollowing Text:\n( 1 ) \"owned and leased capability\" 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 .\nentergy's load and capacity projections are reviewed periodically to assess the need and timing for additional generating capacity and interconnections .\nthese reviews consider existing and projected demand , the availability and price of power , the location of new loads , and economy .\npeak load in the u.s .\nutility service territory is typically around 21000 mw , with minimum load typically around 9000 mw .\nallowing for an adequate reserve margin , entergy has been short approximately 3000 mw during the summer peak load period .\nin addition to its net short position at summer peak , entergy considers its generation in three categories : ( 1 ) baseload ( e.g .\ncoal and nuclear ) ; ( 2 ) load-following ( e.g .\ncombined cycle gas-fired ) ; and ( 3 ) peaking .\nthe relative supply and demand for these categories of generation vary by region of the entergy system .\nfor example , the north end of its system has more baseload coal and nuclear generation than regional demand requires , but is short load-following or intermediate generation .\nin the south end of the entergy system , load would be more effectively served if gas- fired intermediate resources already in place were supplemented with additional solid fuel baseload generation. .\n\nQuestion: what portion of total capability of entergy corporation is generated by entergy gulf states?",
        "solution": "30.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2002/page_13.pdf\n\nID: DRE/2002/page_13.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial conditionand results of operations d u k e r e a l t y c o r p o r a t i o n 1 1 2 0 0 2 a n n u a l r e p o r t 2022 interest expense on the company 2019s secured debt decreased from $ 30.8 million in 2001 to $ 22.9 million in 2002 as the company paid off $ 13.5 million of secured debt throughout 2002 and experienced lower borrowings on its secured line of credit during 2002 compared to 2001 .\nadditionally , the company paid off approximately $ 128.5 million of secured debt throughout 2001 .\n2022 interest expense on the company 2019s $ 500 million unsecured line of credit decreased by approximately $ 1.1 million in 2002 compared to 2001 as the company maintained lower balances on the line throughout most of 2002 .\nas a result of the above-mentioned items , earnings from rental operations decreased $ 35.0 million from $ 254.1 million for the year ended december 31 , 2001 , to $ 219.1 million for the year ended december 31 , 2002 .\nservice operations service operations primarily consist of leasing , management , construction and development services for joint venture properties and properties owned by third parties .\nservice operations revenues decreased from $ 80.5 million for the year ended december 31 , 2001 , to $ 68.6 million for the year ended december 31 , 2002 .\nthe prolonged effect of the slow economy has been the primary factor in the overall decrease in revenues .\nthe company experienced a decrease of $ 12.7 million in net general contractor revenues because of a decrease in the volume of construction in 2002 , compared to 2001 , as well as slightly lower profit margins .\nproperty management , maintenance and leasing fee revenues decreased from $ 22.8 million in 2001 to $ 14.3 million in 2002 primarily because of a decrease in landscaping maintenance revenue resulting from the sale of the landscaping operations in the third quarter of 2001 .\nconstruction management and development activity income represents construction and development fees earned on projects where the company acts as the construction manager along with profits from the company 2019s held for sale program whereby the company develops a property for sale upon completion .\nthe increase in revenues of $ 10.3 million in 2002 is primarily due to an increase in volume of the sale of properties from the held for sale program .\nservice operations expenses decreased from $ 45.3 million in 2001 to $ 38.3 million in 2002 .\nthe decrease is attributable to the decrease in construction and development activity and the reduced overhead costs as a result of the sale of the landscape business in 2001 .\nas a result of the above , earnings from service operations decreased from $ 35.1 million for the year ended december 31 , 2001 , to $ 30.3 million for the year ended december 31 , 2002 .\ngeneral and administrative expense general and administrative expense increased from $ 15.6 million in 2001 to $ 25.4 million for the year ended december 31 , 2002 .\nthe company has been successful reducing total operating and administration costs ; however , reduced construction and development activities have resulted in a greater amount of overhead being charged to general and administrative expense instead of being capitalized into development projects or charged to service operations .\nother income and expenses gain on sale of land and depreciable property dispositions , net of impairment adjustment , is comprised of the following amounts in 2002 and 2001 : gain on sales of depreciable properties represent sales of previously held for investment rental properties .\nbeginning in 2000 and continuing into 2001 , the company pursued favorable opportunities to dispose of real estate assets that no longer met long-term investment objectives .\nin 2002 , the company significantly reduced this property sales program until the business climate improves and provides better investment opportunities for the sale proceeds .\ngain on land sales represents sales of undeveloped land owned by the company .\nthe company pursues opportunities to dispose of land in markets with a high concentration of undeveloped land and those markets where the land no longer meets strategic development plans of the company .\nthe company recorded a $ 9.4 million adjustment in 2002 associated with six properties determined to have an impairment of book value .\nthe company has analyzed each of its in-service properties and has determined that there are no additional valuation adjustments that need to be made as of december 31 , 2002 .\nthe company recorded an adjustment of $ 4.8 million in 2001 for one property that the company had contracted to sell for a price less than its book value .\nother revenue for the year ended december 31 , 2002 , includes $ 1.4 million of gain related to an interest rate swap that did not qualify for hedge accounting. .\n\nTable Data:\n[['', '2002', '2001'], ['gain on sales of depreciable properties', '$ 4491', '$ 45428'], ['gain on land sales', '4478', '5080'], ['impairment adjustment', '-9379 ( 9379 )', '-4800 ( 4800 )'], ['total', '$ -410 ( 410 )', '$ 45708']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage change in the general and administrative expenses from 2001 to , 2002 .",
        "solution": "62.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_70.pdf\n\nID: ADBE/2014/page_70.pdf-1\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .\nwe completed our annual impairment test in the second quarter of fiscal 2014 .\nwe elected to use the step 1 quantitative assessment for our reporting units and determined that there was no impairment of goodwill .\nthere is no significant risk of material goodwill impairment in any of our reporting units , based upon the results of our annual goodwill impairment test .\nwe amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .\nwe continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .\nwhen such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .\nif the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .\nwe did not recognize any intangible asset impairment charges in fiscal 2014 , 2013 or 2012 .\nour intangible assets are amortized over their estimated useful lives of 1 to 14 years .\namortization is based on the pattern in which the economic benefits of the intangible asset will be consumed or on a straight-line basis when the consumption pattern is not apparent .\nthe weighted average useful lives of our intangible assets were as follows : weighted average useful life ( years ) .\n\nTable Data:\n[['', 'weighted averageuseful life ( years )'], ['purchased technology', '6'], ['customer contracts and relationships', '10'], ['trademarks', '8'], ['acquired rights to use technology', '8'], ['localization', '1'], ['other intangibles', '3']]\n\nFollowing Text:\nsoftware development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .\namortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .\nto date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .\ninternal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .\nsuch capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .\ncapitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .\nincome taxes we use the asset and liability method of accounting for income taxes .\nunder this method , income tax expense is recognized for the amount of taxes payable or refundable for the current year .\nin addition , deferred tax assets and liabilities are recognized for expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities , and for operating losses and tax credit carryforwards .\nwe record a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not .\ntaxes collected from customers we net taxes collected from customers against those remitted to government authorities in our financial statements .\naccordingly , taxes collected from customers are not reported as revenue. .\n\nQuestion: what is the yearly amortization rate related to the trademarks?",
        "solution": "12.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2007/page_108.pdf\n\nID: PNC/2007/page_108.pdf-1\n\nPrevious Text:\ninformation about stock options at december 31 , 2007 follows: .\n\nTable Data:\n[['december 31 2007shares in thousandsrange of exercise prices', 'options outstanding shares', 'options outstanding weighted- averageexercise price', 'options outstanding weighted-average remaining contractual life ( in years )', 'options outstanding shares', 'weighted-averageexercise price'], ['$ 37.43 2013 $ 46.99', '1444', '$ 43.05', '4.0', '1444', '$ 43.05'], ['47.00 2013 56.99', '3634', '53.43', '5.4', '3022', '53.40'], ['57.00 2013 66.99', '3255', '60.32', '5.2', '2569', '58.96'], ['67.00 2013 76.23', '5993', '73.03', '5.5', '3461', '73.45'], ['total', '14326', '$ 62.15', '5.3', '10496', '$ 59.95']]\n\nFollowing Text:\n( a ) the weighted-average remaining contractual life was approximately 4.2 years .\nat december 31 , 2007 , there were approximately 13788000 options in total that were vested and are expected to vest .\nthe weighted-average exercise price of such options was $ 62.07 per share , the weighted-average remaining contractual life was approximately 5.2 years , and the aggregate intrinsic value at december 31 , 2007 was approximately $ 92 million .\nstock options granted in 2005 include options for 30000 shares that were granted to non-employee directors that year .\nno such options were granted in 2006 or 2007 .\nawards granted to non-employee directors in 2007 include 20944 deferred stock units awarded under the outside directors deferred stock unit plan .\na deferred stock unit is a phantom share of our common stock , which requires liability accounting treatment under sfas 123r until such awards are paid to the participants as cash .\nas there are no vestings or service requirements on these awards , total compensation expense is recognized in full on all awarded units on the date of grant .\nthe weighted-average grant-date fair value of options granted in 2007 , 2006 and 2005 was $ 11.37 , $ 10.75 and $ 9.83 per option , respectively .\nto determine stock-based compensation expense under sfas 123r , the grant-date fair value is applied to the options granted with a reduction made for estimated forfeitures .\nat december 31 , 2006 and 2005 options for 10743000 and 13582000 shares of common stock , respectively , were exercisable at a weighted-average price of $ 58.38 and $ 56.58 , respectively .\nthe total intrinsic value of options exercised during 2007 , 2006 and 2005 was $ 52 million , $ 111 million and $ 31 million , respectively .\nat december 31 , 2007 the aggregate intrinsic value of all options outstanding and exercisable was $ 94 million and $ 87 million , respectively .\ncash received from option exercises under all incentive plans for 2007 , 2006 and 2005 was approximately $ 111 million , $ 233 million and $ 98 million , respectively .\nthe actual tax benefit realized for tax deduction purposes from option exercises under all incentive plans for 2007 , 2006 and 2005 was approximately $ 39 million , $ 82 million and $ 34 million , respectively .\nthere were no options granted in excess of market value in 2007 , 2006 or 2005 .\nshares of common stock available during the next year for the granting of options and other awards under the incentive plans were 40116726 at december 31 , 2007 .\ntotal shares of pnc common stock authorized for future issuance under equity compensation plans totaled 41787400 shares at december 31 , 2007 , which includes shares available for issuance under the incentive plans , the employee stock purchase plan as described below , and a director plan .\nduring 2007 , we issued approximately 2.1 million shares from treasury stock in connection with stock option exercise activity .\nas with past exercise activity , we intend to utilize treasury stock for future stock option exercises .\nas discussed in note 1 accounting policies , we adopted the fair value recognition provisions of sfas 123 prospectively to all employee awards including stock options granted , modified or settled after january 1 , 2003 .\nas permitted under sfas 123 , we recognized compensation expense for stock options on a straight-line basis over the pro rata vesting period .\ntotal compensation expense recognized related to pnc stock options in 2007 was $ 29 million compared with $ 31 million in 2006 and $ 29 million in 2005 .\npro forma effects a table is included in note 1 accounting policies that sets forth pro forma net income and basic and diluted earnings per share as if compensation expense had been recognized under sfas 123 and 123r , as amended , for stock options for 2005 .\nfor purposes of computing stock option expense and 2005 pro forma results , we estimated the fair value of stock options using the black-scholes option pricing model .\nthe model requires the use of numerous assumptions , many of which are very subjective .\ntherefore , the 2005 pro forma results are estimates of results of operations as if compensation expense had been recognized for all stock-based compensation awards and are not indicative of the impact on future periods. .\n\nQuestion: what was the total intrinsic value of options exercised during 2007 , 2006 and 2005 in millions?",
        "solution": "194"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CMCSA/2008/page_56.pdf\n\nID: CMCSA/2008/page_56.pdf-1\n\nPrevious Text:\nother .\nthe aggregate purchase price of these other 2008 acquis- itions was approximately $ 610 million .\nnone of these acquisitions were material to our consolidated financial statements for the year ended december 31 , 2008 .\n2007 acquisitions the houston transaction in july 2006 , we initiated the dissolution of texas and kansas city cable partners ( the 201chouston transaction 201d ) , our 50%-50% ( 50%-50 % ) cable system partnership with time warner cable .\non january 1 , 2007 , the distribution of assets by texas and kansas city cable partners was completed and we received the cable system serving hous- ton , texas ( the 201chouston asset pool 201d ) and time warner cable received the cable systems serving kansas city , south and west texas , and new mexico ( the 201ckansas city asset pool 201d ) .\nwe accounted for the distribution of assets by texas and kansas city cable partners as a sale of our 50% ( 50 % ) interest in the kansas city asset pool in exchange for acquiring an additional 50% ( 50 % ) interest in the houston asset pool .\nthis transaction resulted in an increase of approximately 700000 video customers .\nthe estimated fair value of the 50% ( 50 % ) interest of the houston asset pool we received was approximately $ 1.1 billion and resulted in a pretax gain of approx- imately $ 500 million , which is included in other income ( expense ) .\nwe recorded our 50% ( 50 % ) interest in the houston asset pool as a step acquisition in accordance with sfas no .\n141 .\nthe results of operations for the cable systems acquired in the houston transaction have been reported in our cable segment since august 1 , 2006 and in our consolidated financial statements since january 1 , 2007 ( the date of the distribution of assets ) .\nthe weighted-average amortization period of the franchise-related customer relationship intangible assets acquired was 7 years .\nas a result of the houston transaction , we reversed deferred tax liabilities of approximately $ 200 million , which were primarily related to the excess of tax basis of the assets acquired over the tax basis of the assets exchanged , and reduced the amount of goodwill that would have otherwise been recorded in the acquis- ition .\nsubstantially all of the goodwill recorded is expected to be amortizable for tax purposes .\nthe table below presents the purchase price allocation to assets acquired and liabilities assumed as a result of the houston transaction .\n( in millions ) .\n\nTable Data:\n[['property and equipment', '$ 870'], ['franchise-related customer relationships', '266'], ['cable franchise rights', '1954'], ['goodwill', '426'], ['other assets', '267'], ['total liabilities', '-73 ( 73 )'], ['net assets acquired', '$ 3710']]\n\nFollowing Text:\nother 2007 acquisitions in april 2007 , we acquired fandango , an online entertainment site and movie-ticket service .\nthe results of operations of fandango have been included in our consolidated financial statements since the acquisition date and are reported in corporate and other .\nin june 2007 , we acquired rainbow media holdings llc 2019s 60% ( 60 % ) interest in comcast sportsnet bay area ( formerly known as bay area sportsnet ) and its 50% ( 50 % ) interest in comcast sportsnet new england ( formerly known as sports channel new england ) , expanding our regional sports networks .\nthe completion of this transaction resulted in our 100% ( 100 % ) ownership in comcast sportsnet new england and 60% ( 60 % ) ownership in comcast sportsnet bay area .\nin august 2007 , we acquired the cable system of patriot media serving approximately 81000 video customers in central new jersey .\nthe results of operations of patriot media , comcast sportsnet bay area and comcast sportsnet new england have been included in our consolidated financial statements since their acquisition dates and are reported in our cable segment .\nthe aggregate purchase price of these other 2007 acquisitions was approximately $ 1.288 billion .\nnone of these acquisitions were material to our consolidated financial statements for the year ended december 31 , 2007 .\n2006 acquisitions the adelphia and time warner transactions in april 2005 , we entered into an agreement with adelphia communications ( 201cadelphia 201d ) in which we agreed to acquire cer- tain assets and assume certain liabilities of adelphia ( the 201cadelphia acquisition 201d ) .\nat the same time , we and time warner cable inc .\nand certain of its affiliates ( 201ctwc 201d ) entered into several agreements in which we agreed to ( i ) have our interest in time warner entertainment company , l.p .\n( 201ctwe 201d ) redeemed , ( ii ) have our interest in twc redeemed ( together with the twe redemption , the 201credemptions 201d ) and ( iii ) exchange certain cable systems acquired from adelphia and certain comcast cable systems with twc ( the 201cexchanges 201d ) .\non july 31 , 2006 , these transactions were com- pleted .\nwe collectively refer to the adelphia acquisition , the redemptions and the exchanges as the 201cadelphia and time warner transactions . 201d also in april 2005 , adelphia and twc entered into an agreement for the acquisition of substantially all of the remaining cable system assets and the assumption of certain of the liabilities of adelphia .\nthe adelphia and time warner transactions resulted in a net increase of 1.7 million video customers , a net cash payment by us of approximately $ 1.5 billion and the disposition of our ownership interests in twe and twc and the assets of two cable system partnerships .\ncomcast 2008 annual report on form 10-k 52 .\n\nQuestion: what was the value of the assets acquired before adjustment for the liabilities in millions",
        "solution": "3783"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2015/page_122.pdf\n\nID: INTC/2015/page_122.pdf-2\n\nPrevious Text:\nintel corporation notes to consolidated financial statements ( continued ) the aggregate fair value of awards that vested in 2015 was $ 1.5 billion ( $ 1.1 billion in 2014 and $ 1.0 billion in 2013 ) , which represents the market value of our common stock on the date that the rsus vested .\nthe grant-date fair value of awards that vested in 2015 was $ 1.1 billion ( $ 949 million in 2014 and $ 899 million in 2013 ) .\nthe number of rsus vested includes shares of common stock that we withheld on behalf of employees to satisfy the minimum statutory tax withholding requirements .\nrsus that are expected to vest are net of estimated future forfeitures .\nas of december 26 , 2015 , there was $ 1.8 billion in unrecognized compensation costs related to rsus granted under our equity incentive plans .\nwe expect to recognize those costs over a weighted average period of 1.2 years .\nstock option awards as of december 26 , 2015 , options outstanding that have vested and are expected to vest were as follows : number of options ( in millions ) weighted average exercise weighted average remaining contractual ( in years ) aggregate intrinsic ( in millions ) .\n\nTable Data:\n[['', 'number ofoptions ( in millions )', 'weightedaverageexerciseprice', 'weightedaverageremainingcontractualterm ( in years )', 'aggregateintrinsicvalue ( in millions )'], ['vested', '43.8', '$ 21.07', '1.8', '$ 609'], ['expected to vest', '9.6', '$ 24.07', '4.1', '$ 104'], ['total', '53.4', '$ 21.61', '2.2', '$ 713']]\n\nFollowing Text:\naggregate intrinsic value represents the difference between the exercise price and $ 34.98 , the closing price of our common stock on december 24 , 2015 , as reported on the nasdaq global select market , for all in-the-money options outstanding .\noptions outstanding that are expected to vest are net of estimated future option forfeitures .\noptions with a fair value of $ 42 million completed vesting in 2015 ( $ 68 million in 2014 and $ 186 million in 2013 ) .\nas of december 26 , 2015 , there was $ 13 million in unrecognized compensation costs related to stock options granted under our equity incentive plans .\nwe expect to recognize those costs over a weighted average period of approximately eight months. .\n\nQuestion: what percentage of stock option awards are expected to vest as of december 26 , 2015?",
        "solution": "18%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2017/page_87.pdf\n\nID: BLK/2017/page_87.pdf-3\n\nPrevious Text:\nwhen the likelihood of clawback is considered mathematically improbable .\nthe company records a deferred carried interest liability to the extent it receives cash or capital allocations related to carried interest prior to meeting the revenue recognition criteria .\nat december 31 , 2017 and 2016 , the company had $ 219 million and $ 152 million , respectively , of deferred carried interest recorded in other liabilities/other liabilities of consolidated vies on the consolidated statements of financial condition .\na portion of the deferred carried interest liability will be paid to certain employees .\nthe ultimate timing of the recognition of performance fee revenue , if any , for these products is unknown .\nthe following table presents changes in the deferred carried interest liability ( including the portion related to consolidated vies ) for 2017 and 2016: .\n\nTable Data:\n[['( in millions )', '2017', '2016'], ['beginning balance', '$ 152', '$ 143'], ['net increase ( decrease ) in unrealized allocations', '75', '37'], ['performance fee revenue recognized', '-21 ( 21 )', '-28 ( 28 )'], ['acquisition', '13', '2014'], ['ending balance', '$ 219', '$ 152']]\n\nFollowing Text:\nfor 2017 , 2016 and 2015 , performance fee revenue ( which included recognized carried interest ) totaled $ 594 million , $ 295 million and $ 621 million , respectively .\nfees earned for technology and risk management revenue are recorded as services are performed and are generally determined using the value of positions on the aladdin platform or on a fixed-rate basis .\nfor 2017 , 2016 and 2016 , technology and risk management revenue totaled $ 677 million , $ 595 million and $ 528 million , respectively .\nadjustments to revenue arising from initial estimates recorded historically have been immaterial since the majority of blackrock 2019s investment advisory and administration revenue is calculated based on aum and since the company does not record performance fee revenue until performance thresholds have been exceeded and the likelihood of clawback is mathematically improbable .\naccounting developments recent accounting pronouncements not yet adopted .\nrevenue from contracts with customers .\nin may 2014 , the financial accounting standards board ( 201cfasb 201d ) issued accounting standards update ( 201casu 201d ) 2014-09 , revenue from contracts with customers ( 201casu 2014-09 201d ) .\nasu 2014-09 outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance , including industry-specific guidance .\nthe guidance also changes the accounting for certain contract costs and revises the criteria for determining if an entity is acting as a principal or agent in certain arrangements .\nthe key changes in the standard that impact the company 2019s revenue recognition relate to the presentation of certain revenue contracts and associated contract costs .\nthe most significant of these changes relates to the presentation of certain distribution costs , which are currently presented net against revenues ( contra-revenue ) and will be presented as an expense on a gross basis .\nthe company adopted asu 2014-09 effective january 1 , 2018 on a full retrospective basis , which will require 2016 and 2017 to be restated in future filings .\nthe cumulative effect adjustment to the 2016 opening retained earnings was not material .\nthe company currently expects the net gross up to revenue to be approximately $ 1 billion with a corresponding gross up to expense for both 2016 and 2017 .\nconsequently , the company expects its gaap operating margin to decline upon adoption due to the gross up of revenue .\nhowever , no material impact is expected on the company 2019s as adjusted operating margin .\nfor accounting pronouncements that the company adopted during the year ended december 31 , 2017 and for additional recent accounting pronouncements not yet adopted , see note 2 , significant accounting policies , in the consolidated financial statements contained in part ii , item 8 of this filing .\nitem 7a .\nquantitative and qualitative disclosures about market risk aum market price risk .\nblackrock 2019s investment advisory and administration fees are primarily comprised of fees based on a percentage of the value of aum and , in some cases , performance fees expressed as a percentage of the returns realized on aum .\nat december 31 , 2017 , the majority of the company 2019s investment advisory and administration fees were based on average or period end aum of the applicable investment funds or separate accounts .\nmovements in equity market prices , interest rates/credit spreads , foreign exchange rates or all three could cause the value of aum to decline , which would result in lower investment advisory and administration fees .\ncorporate investments portfolio risks .\nas a leading investment management firm , blackrock devotes significant resources across all of its operations to identifying , measuring , monitoring , managing and analyzing market and operating risks , including the management and oversight of its own investment portfolio .\nthe board of directors of the company has adopted guidelines for the review of investments to be made by the company , requiring , among other things , that investments be reviewed by certain senior officers of the company , and that certain investments may be referred to the audit committee or the board of directors , depending on the circumstances , for approval .\nin the normal course of its business , blackrock is exposed to equity market price risk , interest rate/credit spread risk and foreign exchange rate risk associated with its corporate investments .\nblackrock has investments primarily in sponsored investment products that invest in a variety of asset classes , including real assets , private equity and hedge funds .\ninvestments generally are made for co-investment purposes , to establish a performance track record , to hedge exposure to certain deferred compensation plans or for regulatory purposes .\ncurrently , the company has a seed capital hedging program in which it enters into swaps to hedge market and interest rate exposure to certain investments .\nat december 31 , 2017 , the company had outstanding total return swaps with an aggregate notional value of approximately $ 587 million .\nat december 31 , 2017 , there were no outstanding interest rate swaps. .\n\nQuestion: what is the growth rate in revenue related technology and risk management from 2016 to 2017?",
        "solution": "13.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JKHY/2017/page_61.pdf\n\nID: JKHY/2017/page_61.pdf-2\n\nPrevious Text:\n59jackhenry.com note 12 .\nbusiness acquisition bayside business solutions , inc .\neffective 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 .\nthis acquisition was funded using existing operating cash .\nthe acquisition of bayside business solutions expanded the company 2019s presence in commercial lending within the industry .\nmanagement has completed a purchase price allocation of bayside business solutions and its assessment of the fair value of acquired assets and liabilities assumed .\nthe recognized amounts of identifiable assets acquired and liabilities assumed , based upon their fair values as of july 1 , 2015 are set forth below: .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe 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 .\ngoodwill from this acquisition has been allocated to our bank systems and services segment .\nthe goodwill is not expected to be deductible for income tax purposes .\nidentifiable intangible assets from this acquisition consist of customer relationships of $ 3402 , $ 659 of computer software and other intangible assets of $ 944 .\nthe weighted average amortization period for acquired customer relationships , acquired computer software , and other intangible assets is 15 years , 5 years , and 20 years , respectively .\ncurrent assets were inclusive of cash acquired of $ 1725 .\nthe fair value of current assets acquired included accounts receivable of $ 178 .\nthe gross amount of receivables was $ 178 , none of which was expected to be uncollectible .\nduring fiscal year 2016 , the company incurred $ 55 in costs related to the acquisition of bayside business solutions .\nthese costs included fees for legal , valuation and other fees .\nthese costs were included within general and administrative expenses .\nthe results of bayside business solutions 2019 operations included in the company 2019s consolidated statement of income for the twelve months ended june 30 , 2017 included revenue of $ 6536 and after-tax net income of $ 1307 .\nfor the twelve months ended june 30 , 2016 , bayside business solutions 2019 contributed $ 4273 to revenue , and after-tax net income of $ 303 .\nthe accompanying consolidated statements of income do not include any revenues and expenses related to this acquisition prior to the acquisition date .\nthe 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. .\n\nQuestion: for the identifiable intangible assets from this acquisition , was the computer software greater than the other intangible assets?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RL/2015/page_9.pdf\n\nID: RL/2015/page_9.pdf-1\n\nPrevious Text:\nralph lauren restaurants ralph lauren's restaurants translate mr .\nralph lauren's distinctive vision into places to gather with family and friends to enjoy fine food .\nin 1999 , the first rl restaurant opened , adjacent to the ralph lauren chicago store on michigan avenue .\nthis restaurant exemplifies the timeless design sensibility of ralph lauren's world and features classic american \"city club\" cuisine .\nin 2010 , ralph's was opened in the courtyard and converted stables of our paris store on the blvd .\nsaint germain .\nralph's presents mr .\nlauren's favorite american classics in an elegant and glamorous french environment .\nin august 2014 , we opened ralph's coffee on the second floor of our polo flagship store in new york city , featuring private custom coffee roasts , sandwiches , and sweet treats .\nthe polo bar , adjacent to our new york city polo flagship store , opened in january 2015 with a menu dedicated to serving seasonal american classics in a setting that pays homage to the sophisticated equestrian heritage of the ralph lauren world .\nour wholesale segment our wholesale segment sells our products globally to leading upscale and certain mid-tier department stores , specialty stores , and golf and pro shops .\nwe have continued to focus on elevating our brand by improving in-store product assortment and presentation , as well as full-price sell-throughs to consumers .\nas of the end of fiscal 2015 , our wholesale products were sold through approximately 13000 doors worldwide and we invested $ 48 million of capital in related shop-within-shops during fiscal 2015 , primarily in domestic and international department and specialty stores .\nour products are also sold through the e-commerce sites of certain of our wholesale customers .\nthe primary product offerings sold through our wholesale channels of distribution include apparel , accessories , and home furnishings .\nour collection brands 2014 ralph lauren women's collection and black label and men's purple label and black label 2014 are distributed worldwide through a limited number of premier fashion retailers .\ndepartment stores are our major wholesale customers in north america .\nin latin america , our wholesale products are sold in department stores and specialty stores .\nin europe , our wholesale sales are comprised of a varying mix of sales to both department stores and specialty stores , depending on the country .\nin japan , our wholesale products are distributed primarily through shop-within-shops at premier and top-tier department stores .\nin the greater china and southeast asia region , australia , and new zealand , our wholesale products are sold mainly at mid and top-tier department stores .\nwe also distribute our wholesale products to certain licensed stores operated by our partners in latin america , asia , europe , and the middle east .\nwe sell the majority of our excess and out-of-season products through secondary distribution channels worldwide , including our retail factory stores .\nworldwide wholesale distribution channels the following table presents the number of doors by geographic location in which products distributed by our wholesale segment were sold to consumers in our primary channels of distribution as of march 28 , 2015: .\n\nTable Data:\n[['location', 'number of doors'], ['the americas ( a )', '7308'], ['europe ( b )', '5311'], ['asia ( c )', '128'], ['total', '12747']]\n\nFollowing Text:\n( a ) includes the u.s. , canada , and latin america .\n( b ) includes the middle east .\n( c ) includes australia and new zealand .\nwe have three key wholesale customers that generate significant sales volume .\nduring fiscal 2015 , sales to our largest wholesale customer , macy's , inc .\n( \"macy's\" ) , accounted for approximately 12% ( 12 % ) and 26% ( 26 % ) of our total net revenues and total wholesale net revenues , respectively .\nfurther , during fiscal 2015 , sales to our three largest wholesale customers , including macy's , accounted for approximately 24% ( 24 % ) and 52% ( 52 % ) of our total net revenues and total wholesale net revenues , respectively. .\n\nQuestion: what percentage of the wholesale segment doors as of march 28 , 2015 where located in asia?",
        "solution": "1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2001/page_86.pdf\n\nID: PKG/2001/page_86.pdf-3\n\nPrevious Text:\nthe containerboard group ( a division of tenneco packaging inc. ) notes to combined financial statements ( continued ) april 11 , 1999 14 .\nleases ( continued ) to the sale transaction on april 12 , 1999 .\ntherefore , the remaining outstanding aggregate minimum rental commitments under noncancelable operating leases are as follows : ( in thousands ) .\n\nTable Data:\n[['remainder of 1999', '$ 7606'], ['2000', '7583'], ['2001', '4891'], ['2002', '3054'], ['2003', '1415'], ['thereafter', '1178'], ['total', '$ 25727']]\n\nFollowing Text:\n15 .\nsale of assets in the second quarter of 1996 , packaging entered into an agreement to form a joint venture with caraustar industries whereby packaging sold its two recycled paperboard mills and a fiber recycling operation and brokerage business to the joint venture in return for cash and a 20% ( 20 % ) equity interest in the joint venture .\nproceeds from the sale were approximately $ 115 million and the group recognized a $ 50 million pretax gain ( $ 30 million after taxes ) in the second quarter of 1996 .\nin june , 1998 , packaging sold its remaining 20% ( 20 % ) equity interest in the joint venture to caraustar industries for cash and a note of $ 26000000 .\nthe group recognized a $ 15 million pretax gain on this transaction .\nat april 11 , 1999 , the balance of the note with accrued interest is $ 27122000 .\nthe note was paid in june , 1999 .\n16 .\nsubsequent events on august 25 , 1999 , pca and packaging agreed that the acquisition consideration should be reduced as a result of a postclosing price adjustment by an amount equal to $ 20 million plus interest through the date of payment by packaging .\nthe group recorded $ 11.9 million of this amount as part of the impairment charge on the accompanying financial statements , representing the amount that was previously estimated by packaging .\npca intends to record the remaining amount in september , 1999 .\nin august , 1999 , pca signed purchase and sales agreements with various buyers to sell approximately 405000 acres of timberland .\npca has completed the sale of approximately 260000 of these acres and expects to complete the sale of the remaining acres by mid-november , 1999. .\n\nQuestion: what percentage of outstanding aggregate minimum rental commitments under noncancelable operating leases are due in 2001?",
        "solution": "19%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2015/page_51.pdf\n\nID: IP/2015/page_51.pdf-2\n\nPrevious Text:\nthe company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows .\nfunding decisions will be guided by our capital structure planning objectives .\nthe primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense .\nthe majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors .\nmaintaining an investment grade credit rating is an important element of international paper 2019s financing strategy .\nat december 31 , 2015 , the company held long-term credit ratings of bbb ( stable outlook ) and baa2 ( stable outlook ) by s&p and moody 2019s , respectively .\ncontractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2015 , were as follows: .\n\nTable Data:\n[['in millions', '2015', '2016', '2017', '2018', '2019', 'thereafter'], ['maturities of long-term debt ( a )', '$ 426', '$ 43', '$ 811', '$ 427', '$ 183', '$ 7436'], ['lease obligations', '118', '95', '72', '55', '41', '128'], ['purchase obligations ( b )', '3001', '541', '447', '371', '358', '1579'], ['total ( c )', '$ 3545', '$ 679', '$ 1330', '$ 853', '$ 582', '$ 9143']]\n\nFollowing Text:\n( a ) total debt includes scheduled principal payments only .\n( b ) includes $ 2.1 billion relating to fiber supply agreements entered into at the time of the 2006 transformation plan forestland sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business .\n( c ) not included in the above table due to the uncertainty as to the amount and timing of the payment are unrecognized tax benefits of approximately $ 101 million .\nwe consider the undistributed earnings of our foreign subsidiaries as of december 31 , 2015 , to be indefinitely reinvested and , accordingly , no u.s .\nincome taxes have been provided thereon .\nas of december 31 , 2015 , the amount of cash associated with indefinitely reinvested foreign earnings was approximately $ 600 million .\nwe do not anticipate the need to repatriate funds to the united states to satisfy domestic liquidity needs arising in the ordinary course of business , including liquidity needs associated with our domestic debt service requirements .\npension obligations and funding at december 31 , 2015 , the projected benefit obligation for the company 2019s u.s .\ndefined benefit plans determined under u.s .\ngaap was approximately $ 3.5 billion higher than the fair value of plan assets .\napproximately $ 3.2 billion of this amount relates to plans that are subject to minimum funding requirements .\nunder current irs funding rules , the calculation of minimum funding requirements differs from the calculation of the present value of plan benefits ( the projected benefit obligation ) for accounting purposes .\nin december 2008 , the worker , retiree and employer recovery act of 2008 ( wera ) was passed by the u.s .\ncongress which provided for pension funding relief and technical corrections .\nfunding contributions depend on the funding method selected by the company , and the timing of its implementation , as well as on actual demographic data and the targeted funding level .\nthe company continually reassesses the amount and timing of any discretionary contributions and elected to make contributions totaling $ 750 million and $ 353 million for the years ended december 31 , 2015 and 2014 , respectively .\nat this time , we do not expect to have any required contributions to our plans in 2016 , although the company may elect to make future voluntary contributions .\nthe timing and amount of future contributions , which could be material , will depend on a number of factors , including the actual earnings and changes in values of plan assets and changes in interest rates .\ninternational paper has announced a voluntary , limited-time opportunity for former employees who are participants in the retirement plan of international paper company ( the pension plan ) to request early payment of their entire pension plan benefit in the form of a single lump sum payment .\neligible participants who wish to receive the lump sum payment must make an election between february 29 and april 29 , 2016 , and payment is scheduled to be made on or before june 30 , 2016 .\nall payments will be made from the pension plan trust assets .\nthe target population has a total liability of $ 3.0 billion .\nthe amount of the total payments will depend on the participation rate of eligible participants , but is expected to be approximately $ 1.5 billion .\nbased on the expected level of payments , settlement accounting rules will apply in the period in which the payments are made .\nthis will result in a plan remeasurement and the recognition in earnings of a pro-rata portion of unamortized net actuarial loss .\nilim holding s.a .\nshareholder 2019s agreement in october 2007 , in connection with the formation of the ilim holding s.a .\njoint venture , international paper entered into a shareholder 2019s agreement that includes provisions relating to the reconciliation of disputes among the partners .\nthis agreement was amended on may 7 , 2014 .\npursuant to the amended agreement , beginning on january 1 , 2017 , either the company or its partners may commence certain procedures specified under the deadlock provisions .\nif these or any other deadlock provisions are commenced , the company may in certain situations , choose to purchase its partners 2019 50% ( 50 % ) interest in ilim .\nany such transaction would be subject to review and approval by russian and other relevant antitrust authorities .\nany such purchase by international paper would result in the consolidation of ilim 2019s financial position and results of operations in all subsequent periods. .\n\nQuestion: what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2015 are due to maturities of long-term debt in 2017?",
        "solution": "61%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2009/page_112.pdf\n\nID: MA/2009/page_112.pdf-3\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2019 for the pension plans , including those payments expected to be paid from the company 2019s general assets .\nsince the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefit payments. .\n\nTable Data:\n[['2010', '$ 18181'], ['2011', '27090'], ['2012', '21548'], ['2013', '25513'], ['2014', '24002'], ['2015-2019', '128494']]\n\nFollowing Text:\nsubstantially all of the company 2019s u.s .\nemployees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company .\nthe savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines .\nthe company matches a percentage of employees 2019 contributions up to certain limits .\nin 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year .\nbeginning in 2008 , the discretionary profit sharing amount related to prior year company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan .\nin addition , the company has several defined contribution plans outside of the united states .\nthe company 2019s contribution expense related to all of its defined contribution plans was $ 40627 , $ 35341 and $ 26996 for 2009 , 2008 and 2007 , respectively .\nnote 13 .\npostemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s .\nemployees hired before july 1 , 2007 .\nthe company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 .\nthe impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007 .\nin 2009 , the company recorded a $ 3944 benefit expense as a result of enhanced postretirement medical benefits under the postretirement plan provided to employees that chose to participate in a voluntary transition program. .\n\nQuestion: what was the ratio of the benefit payments for 2010 to 2011",
        "solution": "0.67"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2012/page_45.pdf\n\nID: LMT/2012/page_45.pdf-1\n\nPrevious Text:\n2011 compared to 2010 is&gs 2019 net sales for 2011 decreased $ 540 million , or 5% ( 5 % ) , compared to 2010 .\nthe decrease primarily was attributable to lower volume of approximately $ 665 million due to the absence of the dris program that supported the 2010 u.s .\ncensus and a decline in activities on the jtrs program .\nthis decrease partially was offset by increased net sales on numerous programs .\nis&gs 2019 operating profit for 2011 increased $ 60 million , or 7% ( 7 % ) , compared to 2010 .\noperating profit increased approximately $ 180 million due to volume and the retirement of risks in 2011 and the absence of reserves recognized in 2010 on numerous programs ( including among others , odin ( about $ 60 million ) and twic and automated flight service station programs ) .\nthe increases in operating profit partially were offset by the absence of the dris program and a decline in activities on the jtrs program of about $ 120 million .\nadjustments not related to volume , including net profit rate adjustments described above , were approximately $ 130 million higher in 2011 compared to 2010 .\nbacklog backlog decreased in 2012 compared to 2011 primarily due to the substantial completion of various programs in 2011 ( primarily odin , u.k .\ncensus , and jtrs ) .\nthe decrease in backlog during 2011 compared to 2010 mainly was due to declining activities on the jtrs program and several other smaller programs .\ntrends we expect is&gs 2019 net sales to decline in 2013 in the mid single digit percentage range as compared to 2012 primarily due to the continued downturn in federal information technology budgets .\noperating profit is expected to decline in 2013 in the mid single digit percentage range consistent with the expected decline in net sales , resulting in margins that are comparable with 2012 results .\nmissiles and fire control our mfc business segment provides air and missile defense systems ; tactical missiles and air-to-ground precision strike weapon systems ; fire control systems ; mission operations support , readiness , engineering support , and integration services ; logistics and other technical services ; and manned and unmanned ground vehicles .\nmfc 2019s major programs include pac-3 , thaad , multiple launch rocket system ( mlrs ) , hellfire , javelin , joint air-to-surface standoff missile ( jassm ) , apache fire control system ( apache ) , sniper ae , low altitude navigation and targeting infrared for night ( lantirn ae ) , and sof clss .\nmfc 2019s operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['net sales', '$ 7457', '$ 7463', '$ 6930'], ['operating profit', '1256', '1069', '973'], ['operating margins', '16.8% ( 16.8 % )', '14.3% ( 14.3 % )', '14.0% ( 14.0 % )'], ['backlog at year-end', '14700', '14400', '12800']]\n\nFollowing Text:\n2012 compared to 2011 mfc 2019s net sales for 2012 were comparable to 2011 .\nnet sales decreased approximately $ 130 million due to lower volume and risk retirements on various services programs , and about $ 60 million due to lower volume from fire control systems programs ( primarily sniper ae ; lantirn ae ; and apache ) .\nthe decreases largely were offset by higher net sales of approximately $ 95 million due to higher volume from tactical missile programs ( primarily javelin and hellfire ) and approximately $ 80 million for air and missile defense programs ( primarily pac-3 and thaad ) .\nmfc 2019s operating profit for 2012 increased $ 187 million , or 17% ( 17 % ) , compared to 2011 .\nthe increase was attributable to higher risk retirements and volume of about $ 95 million from tactical missile programs ( primarily javelin and hellfire ) ; increased risk retirements and volume of approximately $ 60 million for air and missile defense programs ( primarily thaad and pac-3 ) ; and about $ 45 million from a resolution of contractual matters .\npartially offsetting these increases was lower risk retirements and volume on various programs , including $ 25 million for services programs .\nadjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 145 million higher for 2012 compared to 2011. .\n\nQuestion: what was the percentage increase in the operating profit from 2010 to 2011",
        "solution": "9.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2009/page_38.pdf\n\nID: IP/2009/page_38.pdf-3\n\nPrevious Text:\nhigher in the first half of the year , but declined dur- ing the second half of the year reflecting the pass- through to customers of lower resin input costs .\nhowever , average margins benefitted from a more favorable mix of products sold .\nraw material costs were lower , primarily for resins .\nfreight costs were also favorable , while operating costs increased .\nshorewood sales volumes in 2009 declined from 2008 levels reflecting weaker demand in the home entertainment segment and a decrease in tobacco segment orders as customers have shifted pro- duction outside of the united states , partially offset by higher shipments in the consumer products segment .\naverage sales margins improved reflecting a more favorable mix of products sold .\nraw material costs were higher , but were partially offset by lower freight costs .\noperating costs were favorable , reflect- ing benefits from business reorganization and cost reduction actions taken in 2008 and 2009 .\ncharges to restructure operations totaled $ 7 million in 2009 and $ 30 million in 2008 .\nentering 2010 , coated paperboard sales volumes are expected to increase , while average sales price real- izations should be comparable to 2009 fourth-quarter levels .\nraw material costs are expected to be sig- nificantly higher for wood , energy and chemicals , but planned maintenance downtime costs will decrease .\nfoodservice sales volumes are expected to remain about flat , but average sales price realizations should improve slightly .\ninput costs for resins should be higher , but will be partially offset by lower costs for bleached board .\nshorewood sales volumes are expected to decline reflecting seasonal decreases in home entertainment segment shipments .\noperating costs are expected to be favorable reflecting the benefits of business reorganization efforts .\neuropean consumer packaging net sales in 2009 were $ 315 million compared with $ 300 million in 2008 and $ 280 million in 2007 .\noperating earnings in 2009 of $ 66 million increased from $ 22 million in 2008 and $ 30 million in 2007 .\nsales volumes in 2009 were higher than in 2008 reflecting increased ship- ments to export markets .\naverage sales margins declined due to increased shipments to lower- margin export markets and lower average sales prices in western europe .\nentering 2010 , sales volumes for the first quarter are expected to remain strong .\naverage margins should improve reflecting increased sales price realizations and a more favorable geographic mix of products sold .\ninput costs are expected to be higher due to increased wood prices in poland and annual energy tariff increases in russia .\nasian consumer packaging net sales were $ 545 million in 2009 compared with $ 390 million in 2008 and $ 330 million in 2007 .\noperating earnings in 2009 were $ 24 million compared with a loss of $ 13 million in 2008 and earnings of $ 12 million in 2007 .\nthe improved operating earnings in 2009 reflect increased sales volumes , higher average sales mar- gins and lower input costs , primarily for chemicals .\nthe loss in 2008 was primarily due to a $ 12 million charge to revalue pulp inventories at our shandong international paper and sun coated paperboard co. , ltd .\njoint venture and start-up costs associated with the joint venture 2019s new folding box board paper machine .\ndistribution xpedx , our distribution business , markets a diverse array of products and supply chain services to cus- tomers in many business segments .\ncustomer demand is generally sensitive to changes in general economic conditions , although the commercial printing segment is also dependent on consumer advertising and promotional spending .\ndistribution 2019s margins are relatively stable across an economic cycle .\nproviding customers with the best choice and value in both products and supply chain services is a key competitive factor .\nadditionally , efficient customer service , cost-effective logistics and focused working capital management are key factors in this segment 2019s profitability .\ndistribution in millions 2009 2008 2007 .\n\nTable Data:\n[['in millions', '2009', '2008', '2007'], ['sales', '$ 6525', '$ 7970', '$ 7320'], ['operating profit', '50', '103', '108']]\n\nFollowing Text:\ndistribution 2019s 2009 annual sales decreased 18% ( 18 % ) from 2008 and 11% ( 11 % ) from 2007 while operating profits in 2009 decreased 51% ( 51 % ) compared with 2008 and 54% ( 54 % ) compared with 2007 .\nannual sales of printing papers and graphic arts supplies and equipment totaled $ 4.1 billion in 2009 compared with $ 5.2 billion in 2008 and $ 4.7 billion in 2007 , reflecting weak economic conditions in 2009 .\ntrade margins as a percent of sales for printing papers increased from 2008 but decreased from 2007 due to a higher mix of lower margin direct ship- ments from manufacturers .\nrevenue from packaging products was $ 1.3 billion in 2009 compared with $ 1.7 billion in 2008 and $ 1.5 billion in 2007 .\ntrade margins as a percent of sales for packaging products were higher than in the past two years reflecting an improved product and service mix .\nfacility supplies annual revenue was $ 1.1 billion in 2009 , essentially .\n\nQuestion: what is the difference between the highest and average value of operating profit?",
        "solution": "21"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_81.pdf\n\nID: LMT/2013/page_81.pdf-3\n\nPrevious Text:\nas of december 31 , 2013 and 2012 , our liabilities associated with unrecognized tax benefits are not material .\nwe and our subsidiaries file income tax returns in the u.s .\nfederal jurisdiction and various foreign jurisdictions .\nwith few exceptions , the statute of limitations is no longer open for u.s .\nfederal or non-u.s .\nincome tax examinations for the years before 2010 , other than with respect to refunds .\nu.s .\nincome taxes and foreign withholding taxes have not been provided on earnings of $ 222 million , $ 211 million , and $ 193 million that have not been distributed by our non-u.s .\ncompanies as of december 31 , 2013 , 2012 , and 2011 .\nour intention is to permanently reinvest these earnings , thereby indefinitely postponing their remittance to the u.s .\nif these earnings were remitted , we estimate that the additional income taxes after foreign tax credits would have been approximately $ 50 million in 2013 , $ 45 million in 2012 , and $ 41 million in 2011 .\nour federal and foreign income tax payments , net of refunds received , were $ 787 million in 2013 , $ 890 million in 2012 , and $ 722 million in 2011 .\nour 2013 net payments reflect a $ 550 million refund from the irs primarily attributable to our tax-deductible discretionary pension contributions during the fourth quarter of 2012 ; our 2012 net payments reflect a $ 153 million refund from the irs related to a 2011 capital loss carryback claim ; and our 2011 net payments reflect a $ 250 million refund from the irs related to estimated taxes paid for 2010 .\nas of december 31 , 2013 and 2012 , we had federal and foreign taxes receivable of $ 313 million and $ 662 million recorded within other current assets on our balance sheet , primarily attributable to our tax-deductible discretionary pension contributions in the fourth quarter of 2013 and 2012 and our debt exchange transaction in the fourth quarter of 2012 .\nnote 9 2013 debt our long-term debt consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2013', '2012'], ['notes with rates from 2.13% ( 2.13 % ) to 6.15% ( 6.15 % ) due 2016 to 2042', '$ 5642', '$ 5642'], ['notes with rates from 7.00% ( 7.00 % ) to 7.75% ( 7.75 % ) due 2016 to 2036', '916', '930'], ['notes with a rate of 7.38% ( 7.38 % ) due 2013', '2014', '150'], ['other debt', '476', '478'], ['total long-term debt', '7034', '7200'], ['less : unamortized discounts', '-882 ( 882 )', '-892 ( 892 )'], ['total long-term debt net of unamortized discounts', '6152', '6308'], ['less : current maturities of long-term debt', '2014', '-150 ( 150 )'], ['total long-term debt net', '$ 6152', '$ 6158']]\n\nFollowing Text:\nin december 2012 , we issued notes totaling $ 1.3 billion with a fixed interest rate of 4.07% ( 4.07 % ) maturing in december 2042 ( the new notes ) in exchange for outstanding notes totaling $ 1.2 billion with interest rates ranging from 5.50% ( 5.50 % ) to 8.50% ( 8.50 % ) maturing in 2023 to 2040 ( the old notes ) .\nin connection with the exchange , we paid a premium of $ 393 million , of which $ 225 million was paid in cash and $ 168 million was in the form of new notes .\nthis premium , in addition to $ 194 million in remaining unamortized discounts related to the old notes , will be amortized as additional interest expense over the term of the new notes using the effective interest method .\nwe may , at our option , redeem some or all of the new notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest .\ninterest on the new notes is payable on june 15 and december 15 of each year , beginning on june 15 , 2013 .\nthe new notes are unsecured senior obligations and rank equally in right of payment with all of our existing and future unsecured and unsubordinated indebtedness .\nin september 2011 , we issued $ 2.0 billion of long-term notes in a registered public offering and in october 2011 , we used a portion of the proceeds to redeem all of our $ 500 million long-term notes maturing in 2013 .\nin 2011 , we repurchased $ 84 million of our long-term notes through open-market purchases .\nwe paid premiums of $ 48 million in connection with the early extinguishments of debt , which were recognized in other non-operating income ( expense ) , net .\nat december 31 , 2013 and 2012 , we had in place with a group of banks a $ 1.5 billion revolving credit facility that expires in august 2016 .\nwe may request and the banks may grant , at their discretion , an increase to the credit facility by an additional amount up to $ 500 million .\nthere were no borrowings outstanding under the credit facility through december 31 , 2013 .\nborrowings under the credit facility would be unsecured and bear interest at rates based , at our option , on a eurodollar rate or a base rate , as defined in the credit facility .\neach bank 2019s obligation to make loans under the credit facility is subject .\n\nQuestion: what was the percent of the change in the total long-term debt net of unamortized discounts from 2012 to 2013",
        "solution": "-2.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2014/page_134.pdf\n\nID: GS/2014/page_134.pdf-1\n\nPrevious Text:\nnotes to consolidated financial statements derivatives with credit-related contingent features certain of the firm 2019s derivatives have been transacted under bilateral agreements with counterparties who may require the firm to post collateral or terminate the transactions based on changes in the firm 2019s credit ratings .\nthe firm assesses the impact of these bilateral agreements by determining the collateral or termination payments that would occur assuming a downgrade by all rating agencies .\na downgrade by any one rating agency , depending on the agency 2019s relative ratings of the firm at the time of the downgrade , may have an impact which is comparable to the impact of a downgrade by all rating agencies .\nthe table below presents the aggregate fair value of net derivative liabilities under such agreements ( excluding application of collateral posted to reduce these liabilities ) , the related aggregate fair value of the assets posted as collateral , and the additional collateral or termination payments that could have been called at the reporting date by counterparties in the event of a one-notch and two-notch downgrade in the firm 2019s credit ratings. .\n\nTable Data:\n[['$ in millions', 'as of december 2014', 'as of december 2013'], ['net derivative liabilities under bilateral agreements', '$ 35764', '$ 22176'], ['collateral posted', '30824', '18178'], ['additional collateral or termination payments for a one-notch downgrade', '1072', '911'], ['additional collateral or termination payments for a two-notch downgrade', '2815', '2989']]\n\nFollowing Text:\nadditional collateral or termination payments for a one-notch downgrade 1072 911 additional collateral or termination payments for a two-notch downgrade 2815 2989 credit derivatives the firm enters into a broad array of credit derivatives in locations around the world to facilitate client transactions and to manage the credit risk associated with market- making and investing and lending activities .\ncredit derivatives are actively managed based on the firm 2019s net risk position .\ncredit derivatives are individually negotiated contracts and can have various settlement and payment conventions .\ncredit events include failure to pay , bankruptcy , acceleration of indebtedness , restructuring , repudiation and dissolution of the reference entity .\ncredit default swaps .\nsingle-name credit default swaps protect the buyer against the loss of principal on one or more bonds , loans or mortgages ( reference obligations ) in the event the issuer ( reference entity ) of the reference obligations suffers a credit event .\nthe buyer of protection pays an initial or periodic premium to the seller and receives protection for the period of the contract .\nif there is no credit event , as defined in the contract , the seller of protection makes no payments to the buyer of protection .\nhowever , if a credit event occurs , the seller of protection is required to make a payment to the buyer of protection , which is calculated in accordance with the terms of the contract .\ncredit indices , baskets and tranches .\ncredit derivatives may reference a basket of single-name credit default swaps or a broad-based index .\nif a credit event occurs in one of the underlying reference obligations , the protection seller pays the protection buyer .\nthe payment is typically a pro-rata portion of the transaction 2019s total notional amount based on the underlying defaulted reference obligation .\nin certain transactions , the credit risk of a basket or index is separated into various portions ( tranches ) , each having different levels of subordination .\nthe most junior tranches cover initial defaults and once losses exceed the notional amount of these junior tranches , any excess loss is covered by the next most senior tranche in the capital structure .\ntotal return swaps .\na total return swap transfers the risks relating to economic performance of a reference obligation from the protection buyer to the protection seller .\ntypically , the protection buyer receives from the protection seller a floating rate of interest and protection against any reduction in fair value of the reference obligation , and in return the protection seller receives the cash flows associated with the reference obligation , plus any increase in the fair value of the reference obligation .\n132 goldman sachs 2014 annual report .\n\nQuestion: what was the percentage change in net derivative liabilities under bilateral agreements between 2013 and 2014?",
        "solution": "61%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ILMN/2008/page_77.pdf\n\nID: ILMN/2008/page_77.pdf-2\n\nPrevious Text:\nutilized .\nin accordance with sfas no .\n144 , accounting for the impairment or disposal of long-lived assets , a non-cash impairment charge of $ 4.1 million was recorded in the second quarter of fiscal 2008 for the excess machinery .\nthis charge is included as a separate line item in the company 2019s consolidated statement of operations .\nthere was no change to useful lives and related depreciation expense of the remaining assets as the company believes these estimates are currently reflective of the period the assets will be used in operations .\n7 .\nwarranties the company generally provides a one-year warranty on sequencing , genotyping and gene expression systems .\nat the time revenue is recognized , the company establishes an accrual for estimated warranty expenses associated with system sales .\nthis expense is recorded as a component of cost of product revenue .\nestimated warranty expenses associated with extended maintenance contracts are recorded as cost of revenue ratably over the term of the maintenance contract .\nchanges in the company 2019s reserve for product warranties from january 1 , 2006 through december 28 , 2008 are as follows ( in thousands ) : .\n\nTable Data:\n[['balance as of january 1 2006', '$ 751'], ['additions charged to cost of revenue', '1379'], ['repairs and replacements', '-1134 ( 1134 )'], ['balance as of december 31 2006', '996'], ['additions charged to cost of revenue', '4939'], ['repairs and replacements', '-2219 ( 2219 )'], ['balance as of december 30 2007', '3716'], ['additions charged to cost of revenue', '13044'], ['repairs and replacements', '-8557 ( 8557 )'], ['balance as of december 28 2008', '$ 8203']]\n\nFollowing Text:\n8 .\nconvertible senior notes on february 16 , 2007 , the company issued $ 400.0 million principal amount of 0.625% ( 0.625 % ) convertible senior notes due 2014 ( the notes ) , which included the exercise of the initial purchasers 2019 option to purchase up to an additional $ 50.0 million aggregate principal amount of notes .\nthe net proceeds from the offering , after deducting the initial purchasers 2019 discount and offering expenses , were $ 390.3 million .\nthe company will pay 0.625% ( 0.625 % ) interest per annum on the principal amount of the notes , payable semi-annually in arrears in cash on february 15 and august 15 of each year .\nthe company made interest payments of $ 1.3 million and $ 1.2 million on february 15 , 2008 and august 15 , 2008 , respectively .\nthe notes mature on february 15 , the notes will be convertible into cash and , if applicable , shares of the company 2019s common stock , $ 0.01 par value per share , based on a conversion rate , subject to adjustment , of 45.8058 shares per $ 1000 principal amount of notes ( which represents a conversion price of $ 21.83 per share ) , only in the following circumstances and to the following extent : ( 1 ) during the five business-day period after any five consecutive trading period ( the measurement period ) in which the trading price per note for each day of such measurement period was less than 97% ( 97 % ) of the product of the last reported sale price of the company 2019s common stock and the conversion rate on each such day ; ( 2 ) during any calendar quarter after the calendar quarter ending march 30 , 2007 , if the last reported sale price of the company 2019s common stock for 20 or more trading days in a period of 30 consecutive trading days ending on the last trading day of the immediately illumina , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what was the percentage change in the reserve for product warranties from december 30 2007 to december 28 2008?",
        "solution": "121%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2005/page_55.pdf\n\nID: RSG/2005/page_55.pdf-1\n\nPrevious Text:\nthe fair value of variable rate debt approximates the carrying value since interest rates are variable and , thus , approximate current market rates .\nfree cash flow we define free cash flow , which is not a measure determined in accordance with generally accepted accounting principles in the united states , as cash provided by operating activities less purchases of property and equipment plus proceeds from sales of property and equipment as presented in our consolidated statements of cash flows .\nour free cash flow for the years ended december 31 , 2005 , 2004 and 2003 is calculated as follows ( in millions ) : .\n\nTable Data:\n[['', '2005', '2004', '2003'], ['cash provided by operating activities', '$ 767.5', '$ 666.3', '$ 600.5'], ['purchases of property and equipment', '-328.7 ( 328.7 )', '-283.8 ( 283.8 )', '-273.2 ( 273.2 )'], ['proceeds from sales of property and equipment', '10.1', '5.7', '9.1'], ['free cash flow', '$ 448.9', '$ 388.2', '$ 336.4']]\n\nFollowing Text:\nfree cash flow for the year ended december 31 , 2005 was higher than the previous years presented primarily because of a $ 113.4 million federal tax payment that was deferred until february 2006 as a result of an internal revenue service notice issued in response to hurricane katrina , and the timing of payments for capital and other expenditures .\nas a result of the timing of these payments , we expect free cash flow during 2006 to be lower than 2005 .\nwe believe that the presentation of free cash flow provides useful information regarding our recurring cash provided by operating activities after expenditures for property and equipment , net of proceeds from sales of property and equipment .\nit also demonstrates our ability to execute our financial strategy which includes reinvesting in existing capital assets to ensure a high level of customer service , investing in capital assets to facilitate growth in our customer base and services provided , pursuing strategic acquisitions that augment our existing business platform , repurchasing shares of common stock at prices that provide value to our shareholders , paying cash dividends , maintaining our investment grade rating and minimizing debt .\nin addition , free cash flow is a key metric used to determine compensation .\nthe presentation of free cash flow has material limitations .\nfree cash flow does not represent our cash flow available for discretionary expenditures because it excludes certain expenditures that are required or that we have committed to such as debt service requirements and dividend payments .\nour definition of free cash flow may not be comparable to similarly titled measures presented by other companies .\nseasonality our operations can be adversely affected by periods of inclement weather which could increase the volume of waste collected under our existing contracts ( without corresponding compensation ) , delay the collection and disposal of waste , reduce the volume of waste delivered to our disposal sites , or delay the construction or expansion of our landfill sites and other facilities .\nnew accounting pronouncements on december 16 , 2004 , the financial accounting standards board issued statement of financial accounting standards no .\n123 ( revised 2004 ) , 201cshare-based payment , 201d which is a revision of sfas 123 , 201caccounting for stock-based compensation . 201d sfas 123 ( r ) supersedes apb opinion no .\n25 , 201caccounting for stock issued to employees , 201d and amends sfas 95 , 201cstatement of cash flows . 201d generally , the approach in sfas 123 ( r ) is similar to the approach described in sfas 123 .\nhowever , sfas 123 ( r ) requires all share-based payments to employees , including grants of employee stock options , to be recognized in the income statement based on their fair values .\npro forma disclosure is no longer an alternative .\nwe are required to adopt sfas 123 ( r ) on january 1 , 2006 and expect to use the 201cmodified-prospective 201d method in which compensation cost will be recognized beginning with the effective date based on the requirements of sfas 123 ( r ) for all share-based payments granted after the effective date. .\n\nQuestion: what was the percent of the increase in proceeds from sales of property and equipment from 2004 to 2005",
        "solution": "77.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2012/page_58.pdf\n\nID: PNC/2012/page_58.pdf-4\n\nPrevious Text:\nconsolidated income statement review our consolidated income statement is presented in item 8 of this report .\nnet income for 2012 was $ 3.0 billion compared with $ 3.1 billion for 2011 .\nrevenue growth of 8 percent and a decline in the provision for credit losses were more than offset by a 16 percent increase in noninterest expense in 2012 compared to 2011 .\nfurther detail is included in the net interest income , noninterest income , provision for credit losses and noninterest expense portions of this consolidated income statement review .\nnet interest income table 2 : net interest income and net interest margin year ended december 31 dollars in millions 2012 2011 .\n\nTable Data:\n[['year ended december 31dollars in millions', '2012', '2011'], ['net interest income', '$ 9640', '$ 8700'], ['net interest margin', '3.94% ( 3.94 % )', '3.92% ( 3.92 % )']]\n\nFollowing Text:\nchanges in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding .\nsee the statistical information ( unaudited ) 2013 average consolidated balance sheet and net interest analysis and analysis of year-to-year changes in net interest income in item 8 of this report and the discussion of purchase accounting accretion of purchased impaired loans in the consolidated balance sheet review in this item 7 for additional information .\nthe increase in net interest income in 2012 compared with 2011 was primarily due to the impact of the rbc bank ( usa ) acquisition , organic loan growth and lower funding costs .\npurchase accounting accretion remained stable at $ 1.1 billion in both periods .\nthe net interest margin was 3.94% ( 3.94 % ) for 2012 and 3.92% ( 3.92 % ) for 2011 .\nthe increase in the comparison was primarily due to a decrease in the weighted-average rate accrued on total interest- bearing liabilities of 29 basis points , largely offset by a 21 basis point decrease on the yield on total interest-earning assets .\nthe decrease in the rate on interest-bearing liabilities was primarily due to the runoff of maturing retail certificates of deposit and the redemption of additional trust preferred and hybrid capital securities during 2012 , in addition to an increase in fhlb borrowings and commercial paper as lower-cost funding sources .\nthe decrease in the yield on interest-earning assets was primarily due to lower rates on new loan volume and lower yields on new securities in the current low rate environment .\nwith respect to the first quarter of 2013 , we expect net interest income to decline by two to three percent compared to fourth quarter 2012 net interest income of $ 2.4 billion , due to a decrease in purchase accounting accretion of up to $ 50 to $ 60 million , including lower expected cash recoveries .\nfor the full year 2013 , we expect net interest income to decrease compared with 2012 , assuming an expected decline in purchase accounting accretion of approximately $ 400 million , while core net interest income is expected to increase in the year-over-year comparison .\nwe believe our net interest margin will come under pressure in 2013 , due to the expected decline in purchase accounting accretion and assuming that the current low rate environment continues .\nnoninterest income noninterest income totaled $ 5.9 billion for 2012 and $ 5.6 billion for 2011 .\nthe overall increase in the comparison was primarily due to an increase in residential mortgage loan sales revenue driven by higher loan origination volume , gains on sales of visa class b common shares and higher corporate service fees , largely offset by higher provision for residential mortgage repurchase obligations .\nasset management revenue , including blackrock , totaled $ 1.2 billion in 2012 compared with $ 1.1 billion in 2011 .\nthis increase was primarily due to higher earnings from our blackrock investment .\ndiscretionary assets under management increased to $ 112 billion at december 31 , 2012 compared with $ 107 billion at december 31 , 2011 driven by stronger average equity markets , positive net flows and strong sales performance .\nfor 2012 , consumer services fees were $ 1.1 billion compared with $ 1.2 billion in 2011 .\nthe decline reflected the regulatory impact of lower interchange fees on debit card transactions partially offset by customer growth .\nas further discussed in the retail banking portion of the business segments review section of this item 7 , the dodd-frank limits on interchange rates were effective october 1 , 2011 and had a negative impact on revenue of approximately $ 314 million in 2012 and $ 75 million in 2011 .\nthis impact was partially offset by higher volumes of merchant , customer credit card and debit card transactions and the impact of the rbc bank ( usa ) acquisition .\ncorporate services revenue increased by $ .3 billion , or 30 percent , to $ 1.2 billion in 2012 compared with $ .9 billion in 2011 due to higher commercial mortgage servicing revenue and higher merger and acquisition advisory fees in 2012 .\nthe major components of corporate services revenue are treasury management revenue , corporate finance fees , including revenue from capital markets-related products and services , and commercial mortgage servicing revenue , including commercial mortgage banking activities .\nsee the product revenue portion of this consolidated income statement review for further detail .\nthe pnc financial services group , inc .\n2013 form 10-k 39 .\n\nQuestion: what was the change in net interest margin between 2012 and 2011.?",
        "solution": ".02"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2016/page_76.pdf\n\nID: CDNS/2016/page_76.pdf-1\n\nPrevious Text:\nresults of operations and the estimated fair value of acquired assets and assumed liabilities are recorded in the consolidated financial statements from the date of acquisition .\npro forma results of operations for the business combinations completed during fiscal 2016 have not been presented because the effects of these acquisitions , individually and in the aggregate , would not have been material to cadence 2019s financial results .\nthe fair values of acquired intangible assets and assumed liabilities were determined using significant inputs that are not observable in the market .\nfor an additional description of these fair value calculations , see note 16 in the notes to the consolidated financial statements .\na trust for the benefit of the children of lip-bu tan , cadence 2019s president , chief executive officer , or ceo , and director , owned less than 2% ( 2 % ) of rocketick technologies ltd. , one of the acquired companies , and mr .\ntan and his wife serve as co-trustees of the trust and disclaim pecuniary and economic interest in the trust .\nthe board of directors of cadence reviewed the transaction and concluded that it was in the best interests of cadence to proceed with the transaction .\nmr .\ntan recused himself from the board of directors 2019 discussion of the valuation of rocketick technologies ltd .\nand on whether to proceed with the transaction .\na financial advisor provided a fairness opinion to cadence in connection with the transaction .\n2014 acquisitions during fiscal 2014 , cadence acquired jasper design automation , inc. , or jasper , a privately held provider of formal analysis solutions based in mountain view , california .\nthe acquired technology complements cadence 2019s existing system design and verification platforms .\ntotal cash consideration for jasper , after taking into account adjustments for certain costs , and cash held by jasper at closing of $ 28.7 million , was $ 139.4 million .\ncadence will also make payments to certain employees through the third quarter of fiscal 2017 subject to continued employment and other conditions .\ncadence also completed two other business combinations during fiscal 2014 for total cash consideration of $ 27.5 million , after taking into account cash acquired of $ 2.1 million .\nacquisition-related transaction costs transaction costs associated with acquisitions were $ 1.1 million , $ 0.7 million and $ 3.7 million during fiscal 2016 , 2015 and 2014 , respectively .\nthese costs consist of professional fees and administrative costs and were expensed as incurred in cadence 2019s consolidated income statements .\nnote 8 .\ngoodwill and acquired intangibles goodwill the changes in the carrying amount of goodwill during fiscal 2016 and 2015 were as follows : gross carrying amount ( in thousands ) .\n\nTable Data:\n[['', 'gross carryingamount ( in thousands )'], ['balance as of january 3 2015', '$ 553767'], ['effect of foreign currency translation', '-1995 ( 1995 )'], ['balance as of january 2 2016', '551772'], ['goodwill resulting from acquisitions', '23579'], ['effect of foreign currency translation', '-2587 ( 2587 )'], ['balance as of december 31 2016', '$ 572764']]\n\nFollowing Text:\ncadence completed its annual goodwill impairment test during the third quarter of fiscal 2016 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. .\n\nQuestion: what is the percentage increase in gross carrying amount from the beginning of 2015 to the end of 2016?",
        "solution": "3.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2008/page_59.pdf\n\nID: UNP/2008/page_59.pdf-2\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations and significant accounting policies operations and segmentation 2013 we are a class i railroad that operates in the united states .\nwe have 32012 route miles , linking pacific coast and gulf coast ports with the midwest and eastern united states gateways and providing several corridors to key mexican gateways .\nwe serve the western two- thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network .\nthe following table provides revenue by commodity group : millions of dollars 2008 2007 2006 .\n\nTable Data:\n[['millions of dollars', '2008', '2007', '2006'], ['agricultural', '$ 3174', '$ 2605', '$ 2385'], ['automotive', '1344', '1458', '1427'], ['chemicals', '2494', '2287', '2084'], ['energy', '3810', '3134', '2949'], ['industrial products', '3273', '3077', '3135'], ['intermodal', '3023', '2925', '2811'], ['total freight revenues', '$ 17118', '$ 15486', '$ 14791'], ['other revenues', '852', '797', '787'], ['total operating revenues', '$ 17970', '$ 16283', '$ 15578']]\n\nFollowing Text:\nbasis of presentation 2013 certain prior year amounts have been reclassified to conform to the current period financial statement presentation .\nthe reclassifications include reporting freight revenues instead of commodity revenues .\nthe amounts reclassified from freight revenues to other revenues totaled $ 30 million and $ 71 million for the years ended december 31 , 2007 , and december 31 , 2006 , respectively .\nin addition , we modified our operating expense categories to report fuel used in railroad operations as a stand-alone category , to combine purchased services and materials into one line , and to reclassify certain other expenses among operating expense categories .\nthese reclassifications had no impact on previously reported operating revenues , total operating expenses , operating income or net income .\nsignificant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries .\ninvestments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting .\nall significant intercompany transactions are eliminated .\nthe corporation evaluates its less than majority-owned investments for consolidation .\n\nQuestion: in 2006 what was the percent of other revenues re-classed from freight",
        "solution": "9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2013/page_57.pdf\n\nID: BLK/2013/page_57.pdf-1\n\nPrevious Text:\nnonoperating income ( expense ) .\nblackrock also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance with other companies .\nmanagement uses both gaap and non-gaap financial measures in evaluating blackrock 2019s financial performance .\nthe non-gaap measure by itself may pose limitations because it does not include all of blackrock 2019s revenues and expenses .\noperating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and related commissions .\nmanagement believes the exclusion of such costs and related commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact blackrock 2019s results until future periods .\nrevenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties .\nmanagement believes the exclusion of such costs is useful because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue .\namortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , substantially offset distribution fee revenue the company earns .\nfor each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues .\n( b ) nonoperating income ( expense ) , less net income ( loss ) attributable to noncontrolling interests , as adjusted , is presented below .\nthe compensation expense offset is recorded in operating income .\nthis compensation expense has been included in nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in nonoperating income ( expense ) , gaap basis .\nmanagement believes nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides comparability of information among reporting periods and is an effective measure for reviewing blackrock 2019s nonoperating contribution to results .\nas compensation expense associated with ( appreciation ) depreciation on investments related to certain deferred compensation plans , which is included in operating income , substantially offsets the gain ( loss ) on the investments set aside for these plans , management believes nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s nonoperating results that impact book value .\nduring 2013 , the noncash , nonoperating pre-tax gain of $ 80 million related to the contributed pennymac investment has been excluded from nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted due to its nonrecurring nature and because the more than offsetting associated charitable contribution expense of $ 124 million is reported in operating income .\n( in millions ) 2013 2012 2011 nonoperating income ( expense ) , gaap basis $ 116 $ ( 54 ) $ ( 114 ) less : net income ( loss ) attributable to nci 19 ( 18 ) 2 .\n\nTable Data:\n[['( in millions )', '2013', '2012', '2011'], ['nonoperating income ( expense ) gaap basis', '$ 116', '$ -54 ( 54 )', '$ -114 ( 114 )'], ['less : net income ( loss ) attributable to nci', '19', '-18 ( 18 )', '2'], ['nonoperating income ( expense )', '97', '-36 ( 36 )', '-116 ( 116 )'], ['gain related to charitable contribution', '-80 ( 80 )', '2014', '2014'], ['compensation expense related to ( appreciation ) depreciation on deferred compensation plans', '-10 ( 10 )', '-6 ( 6 )', '3'], ['nonoperating income ( expense ) less net income ( loss ) attributable to nci as adjusted', '$ 7', '$ -42 ( 42 )', '$ -113 ( 113 )']]\n\nFollowing Text:\ngain related to charitable contribution ( 80 ) 2014 2014 compensation expense related to ( appreciation ) depreciation on deferred compensation plans ( 10 ) ( 6 ) 3 nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 7 $ ( 42 ) $ ( 113 ) ( c ) net income attributable to blackrock , as adjusted : management believes net income attributable to blackrock , inc. , as adjusted , and diluted earnings per common share , as adjusted , are useful measures of blackrock 2019s profitability and financial performance .\nnet income attributable to blackrock , inc. , as adjusted , equals net income attributable to blackrock , inc. , gaap basis , adjusted for significant nonrecurring items , charges that ultimately will not impact blackrock 2019s book value or certain tax items that do not impact cash flow .\nsee note ( a ) operating income , as adjusted , and operating margin , as adjusted , for information on the pnc ltip funding obligation , merrill lynch compensation contribution , charitable contribution , u.k .\nlease exit costs , contribution to stifs and restructuring charges .\nthe 2013 results included a tax benefit of approximately $ 48 million recognized in connection with the charitable contribution .\nthe tax benefit has been excluded from net income attributable to blackrock , inc. , as adjusted due to the nonrecurring nature of the charitable contribution .\nduring 2013 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities , including the effect of legislation enacted in the united kingdom and domestic state and local income tax changes .\nduring 2012 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities , including the effect of legislation enacted in the united kingdom and the state and local income tax effect resulting from changes in the company 2019s organizational structure .\nduring 2011 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities due to a state tax election and enacted u.k. , japan , u.s .\nstate and local tax legislation .\nthe resulting decrease in income taxes has been excluded from net income attributable to blackrock , inc. , as adjusted , as these items will not have a cash flow impact and to ensure comparability among periods presented. .\n\nQuestion: what is the tax benefit as a percentage of nonoperating income ( expense ) on a gaap basis in 2013?",
        "solution": "41.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_49.pdf\n\nID: LMT/2013/page_49.pdf-1\n\nPrevious Text:\nfrequency ( aehf ) system , orion , global positioning satellite ( gps ) iii system , geostationary operational environmental satellite r-series ( goes-r ) , and mobile user objective system ( muos ) .\noperating profit for our space systems business segment includes our share of earnings for our investment in united launch alliance ( ula ) , which provides expendable launch services to the u.s .\ngovernment .\nspace systems 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['net sales', '$ 7958', '$ 8347', '$ 8161'], ['operating profit', '1045', '1083', '1063'], ['operating margins', '13.1% ( 13.1 % )', '13.0% ( 13.0 % )', '13.0% ( 13.0 % )'], ['backlog at year-end', '20500', '18100', '16000']]\n\nFollowing Text:\n2013 compared to 2012 space systems 2019 net sales for 2013 decreased $ 389 million , or 5% ( 5 % ) , compared to 2012 .\nthe decrease was primarily attributable to lower net sales of approximately $ 305 million for commercial satellite programs due to fewer deliveries ( zero delivered during 2013 compared to two for 2012 ) ; and about $ 290 million for the orion program due to lower volume .\nthe decreases were partially offset by higher net sales of approximately $ 130 million for government satellite programs due to net increased volume ; and about $ 65 million for strategic and defensive missile programs ( primarily fbm ) due to increased volume and risk retirements .\nthe increase for government satellite programs was primarily attributable to higher volume on aehf and other programs , partially offset by lower volume on goes-r , muos , and sbirs programs .\nspace systems 2019 operating profit for 2013 decreased $ 38 million , or 4% ( 4 % ) , compared to 2012 .\nthe decrease was primarily attributable to lower operating profit of approximately $ 50 million for the orion program due to lower volume and risk retirements and about $ 30 million for government satellite programs due to decreased risk retirements , which were partially offset by higher equity earnings from joint ventures of approximately $ 35 million .\nthe decrease in operating profit for government satellite programs was primarily attributable to lower risk retirements for muos , gps iii , and other programs , partially offset by higher risk retirements for the sbirs and aehf programs .\noperating profit for 2013 included about $ 15 million of charges , net of recoveries , related to the november 2013 restructuring plan .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 15 million lower for 2013 compared to 2012 .\n2012 compared to 2011 space systems 2019 net sales for 2012 increased $ 186 million , or 2% ( 2 % ) , compared to 2011 .\nthe increase was attributable to higher net sales of approximately $ 150 million due to increased commercial satellite deliveries ( two commercial satellites delivered in 2012 compared to one during 2011 ) ; about $ 125 million from the orion program due to higher volume and an increase in risk retirements ; and approximately $ 70 million from increased volume on various strategic and defensive missile programs .\npartially offsetting the increases were lower net sales of approximately $ 105 million from certain government satellite programs ( primarily sbirs and muos ) as a result of decreased volume and a decline in risk retirements ; and about $ 55 million from the nasa external tank program , which ended in connection with the completion of the space shuttle program in 2011 .\nspace systems 2019 operating profit for 2012 increased $ 20 million , or 2% ( 2 % ) , compared to 2011 .\nthe increase was attributable to higher operating profit of approximately $ 60 million from commercial satellite programs due to increased deliveries and reserves recorded in 2011 ; and about $ 40 million from the orion program due to higher risk retirements and increased volume .\npartially offsetting the increases was lower operating profit of approximately $ 45 million from lower volume and risk retirements on certain government satellite programs ( primarily sbirs ) ; about $ 20 million from lower risk retirements and lower volume on the nasa external tank program , which ended in connection with the completion of the space shuttle program in 2011 ; and approximately $ 20 million from lower equity earnings as a decline in launch related activities at ula partially was offset by the resolution of contract cost matters associated with the wind-down of united space alliance ( usa ) .\nadjustments not related to volume , including net profit booking rate adjustments described above , were approximately $ 15 million higher for 2012 compared to 2011 .\nequity earnings total equity earnings recognized by space systems ( primarily ula in 2013 ) represented approximately $ 300 million , or 29% ( 29 % ) of this segment 2019s operating profit during 2013 .\nduring 2012 and 2011 , total equity earnings recognized by space systems from ula , usa , and the u.k .\natomic weapons establishment joint venture represented approximately $ 265 million and $ 285 million , or 24% ( 24 % ) and 27% ( 27 % ) of this segment 2019s operating profit. .\n\nQuestion: what were average net sales for space systems from 2011 to 2013 in millions?",
        "solution": "8155"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2017/page_168.pdf\n\nID: AES/2017/page_168.pdf-2\n\nPrevious Text:\nthe aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2017 , 2016 , and 2015 the total amount of unrecognized tax benefits anticipated to result in a net decrease to unrecognized tax benefits within 12 months of december 31 , 2017 is estimated to be between $ 5 million and $ 15 million , primarily relating to statute of limitation lapses and tax exam settlements .\nthe following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated ( in millions ) : .\n\nTable Data:\n[['december 31,', '2017', '2016', '2015'], ['balance at january 1', '$ 352', '$ 364', '$ 384'], ['additions for current year tax positions', '2014', '2', '2'], ['additions for tax positions of prior years', '2', '1', '12'], ['reductions for tax positions of prior years', '-5 ( 5 )', '-1 ( 1 )', '-7 ( 7 )'], ['effects of foreign currency translation', '2014', '2014', '-3 ( 3 )'], ['settlements', '2014', '-13 ( 13 )', '-17 ( 17 )'], ['lapse of statute of limitations', '-1 ( 1 )', '-1 ( 1 )', '-7 ( 7 )'], ['balance at december 31', '$ 348', '$ 352', '$ 364']]\n\nFollowing Text:\nthe company and certain of its subsidiaries are currently under examination by the relevant taxing authorities for various tax years .\nthe company regularly assesses the potential outcome of these examinations in each of the taxing jurisdictions when determining the adequacy of the amount of unrecognized tax benefit recorded .\nwhile it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position , we believe we have appropriately accrued for our uncertain tax benefits .\nhowever , audit outcomes and the timing of audit settlements and future events that would impact our previously recorded unrecognized tax benefits and the range of anticipated increases or decreases in unrecognized tax benefits are subject to significant uncertainty .\nit is possible that the ultimate outcome of current or future examinations may exceed our provision for current unrecognized tax benefits in amounts that could be material , but cannot be estimated as of december 31 , 2017 .\nour effective tax rate and net income in any given future period could therefore be materially impacted .\n21 .\ndiscontinued operations due to a portfolio evaluation in the first half of 2016 , management decided to pursue a strategic shift of its distribution companies in brazil , sul and eletropaulo , to reduce the company's exposure to the brazilian distribution market .\neletropaulo 2014 in november 2017 , eletropaulo converted its preferred shares into ordinary shares and transitioned the listing of those shares into the novo mercado , which is a listing segment of the brazilian stock exchange with the highest standards of corporate governance .\nupon conversion of the preferred shares into ordinary shares , aes no longer controlled eletropaulo , but maintained significant influence over the business .\nas a result , the company deconsolidated eletropaulo .\nafter deconsolidation , the company's 17% ( 17 % ) ownership interest is reflected as an equity method investment .\nthe company recorded an after-tax loss on deconsolidation of $ 611 million , which primarily consisted of $ 455 million related to cumulative translation losses and $ 243 million related to pension losses reclassified from aocl .\nin december 2017 , all the remaining criteria were met for eletropaulo to qualify as a discontinued operation .\ntherefore , its results of operations and financial position were reported as such in the consolidated financial statements for all periods presented .\neletropaulo's pre-tax loss attributable to aes , including the loss on deconsolidation , for the years ended december 31 , 2017 and 2016 was $ 633 million and $ 192 million , respectively .\neletropaulo's pre-tax income attributable to aes for the year ended december 31 , 2015 was $ 73 million .\nprior to its classification as discontinued operations , eletropaulo was reported in the brazil sbu reportable segment .\nsul 2014 the company executed an agreement for the sale of sul , a wholly-owned subsidiary , in june 2016 .\nthe results of operations and financial position of sul are reported as discontinued operations in the consolidated financial statements for all periods presented .\nupon meeting the held-for-sale criteria , the company recognized an after-tax loss of $ 382 million comprised of a pre-tax impairment charge of $ 783 million , offset by a tax benefit of $ 266 million related to the impairment of the sul long lived assets and a tax benefit of $ 135 million for deferred taxes related to the investment in sul .\nprior to the impairment charge , the carrying value of the sul asset group of $ 1.6 billion was greater than its approximate fair value less costs to sell .\nhowever , the impairment charge was limited to the carrying value of the long lived assets of the sul disposal group .\non october 31 , 2016 , the company completed the sale of sul and received final proceeds less costs to sell of $ 484 million , excluding contingent consideration .\nupon disposal of sul , the company incurred an additional after-tax .\n\nQuestion: what would the ending amount of unrecognized tax benefits for 2015 be ( in millions ) without settlements?",
        "solution": "381"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2006/page_21.pdf\n\nID: PPG/2006/page_21.pdf-1\n\nPrevious Text:\nequity compensation plan information the plan documents for the plans described in the footnotes below are included as exhibits to this form 10-k , and are incorporated herein by reference in their entirety .\nthe following table provides information as of dec .\n31 , 2006 regarding the number of shares of ppg common stock that may be issued under ppg 2019s equity compensation plans .\nplan category securities exercise of outstanding options , warrants and rights weighted- average exercise price of outstanding warrants and rights number of securities remaining available for future issuance under equity compensation ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders ( 1 ) 9413216 $ 58.35 10265556 equity compensation plans not approved by security holders ( 2 ) , ( 3 ) 2089300 $ 70.00 2014 .\n\nTable Data:\n[['plan category', 'numberof securities to be issued upon exercise of outstanding options warrants and rights ( a )', 'weighted- average exercise price of outstanding options warrants and rights ( b )', 'number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c )'], ['equity compensation plans approved by security holders ( 1 )', '9413216', '$ 58.35', '10265556'], ['equity compensation plans not approved by security holders ( 2 ) ( 3 )', '2089300', '$ 70.00', '2014'], ['total', '11502516', '$ 60.57', '10265556']]\n\nFollowing Text:\n( 1 ) equity compensation plans approved by security holders include the ppg industries , inc .\nstock plan , the ppg omnibus plan , the ppg industries , inc .\nexecutive officers 2019 long term incentive plan , and the ppg industries inc .\nlong term incentive plan .\n( 2 ) equity compensation plans not approved by security holders include the ppg industries , inc .\nchallenge 2000 stock plan .\nthis plan is a broad- based stock option plan under which the company granted to substantially all active employees of the company and its majority owned subsidiaries on july 1 , 1998 , the option to purchase 100 shares of the company 2019s common stock at its then fair market value of $ 70.00 per share .\noptions became exercisable on july 1 , 2003 , and expire on june 30 , 2008 .\nthere were 2089300 shares issuable upon exercise of options outstanding under this plan as of dec .\n31 , 2006 .\n( 3 ) excluded from the information presented here are common stock equivalents held under the ppg industries , inc .\ndeferred compensation plan , the ppg industries , inc .\ndeferred compensation plan for directors and the ppg industries , inc .\ndirectors 2019 common stock plan , none of which are equity compensation plans .\nas supplemental information , there were 491168 common stock equivalents held under such plans as of dec .\n31 , 2006 .\nitem 6 .\nselected financial data the information required by item 6 regarding the selected financial data for the five years ended dec .\n31 , 2006 is included in exhibit 99.2 filed with this form 10-k and is incorporated herein by reference .\nthis information is also reported in the eleven-year digest on page 72 of the annual report under the captions net sales , income ( loss ) before accounting changes , cumulative effect of accounting changes , net income ( loss ) , earnings ( loss ) per common share before accounting changes , cumulative effect of accounting changes on earnings ( loss ) per common share , earnings ( loss ) per common share , earnings ( loss ) per common share 2013 assuming dilution , dividends per share , total assets and long-term debt for the years 2002 through 2006 .\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations performance in 2006 compared with 2005 performance overview our sales increased 8% ( 8 % ) to $ 11.0 billion in 2006 compared to $ 10.2 billion in 2005 .\nsales increased 4% ( 4 % ) due to the impact of acquisitions , 2% ( 2 % ) due to increased volumes , and 2% ( 2 % ) due to increased selling prices .\ncost of sales as a percentage of sales increased slightly to 63.7% ( 63.7 % ) compared to 63.5% ( 63.5 % ) in 2005 .\nselling , general and administrative expense increased slightly as a percentage of sales to 17.9% ( 17.9 % ) compared to 17.4% ( 17.4 % ) in 2005 .\nthese costs increased primarily due to higher expenses related to store expansions in our architectural coatings operating segment and increased advertising to promote growth in our optical products operating segment .\nother charges decreased $ 81 million in 2006 .\nother charges in 2006 included pretax charges of $ 185 million for estimated environmental remediation costs at sites in new jersey and $ 42 million for legal settlements offset in part by pretax earnings of $ 44 million for insurance recoveries related to the marvin legal settlement and to hurricane rita .\nother charges in 2005 included pretax charges of $ 132 million related to the marvin legal settlement net of related insurance recoveries of $ 18 million , $ 61 million for the federal glass class action antitrust legal settlement , $ 34 million of direct costs related to the impact of hurricanes rita and katrina , $ 27 million for an asset impairment charge in our fine chemicals operating segment and $ 19 million for debt refinancing costs .\nother earnings increased $ 30 million in 2006 due to higher equity earnings , primarily from our asian fiber glass joint ventures , and higher royalty income .\nnet income and earnings per share 2013 assuming dilution for 2006 were $ 711 million and $ 4.27 , respectively , compared to $ 596 million and $ 3.49 , respectively , for 2005 .\nnet income in 2006 included aftertax charges of $ 106 million , or 64 cents a share , for estimated environmental remediation costs at sites in new jersey and louisiana in the third quarter ; $ 26 million , or 15 cents a share , for legal settlements ; $ 23 million , or 14 cents a share for business restructuring ; $ 17 million , or 10 cents a share , to reflect the net increase in the current value of the company 2019s obligation relating to asbestos claims under the ppg settlement arrangement ; and aftertax earnings of $ 24 million , or 14 cents a share for insurance recoveries .\nnet income in 2005 included aftertax charges of $ 117 million , or 68 cents a share for legal settlements net of insurance ; $ 21 million , or 12 cents a share for direct costs related to the impact of hurricanes katrina and rita ; $ 17 million , or 10 cents a share , related to an asset impairment charge related to our fine chemicals operating segment ; $ 12 million , or 7 cents a share , for debt refinancing cost ; and $ 13 million , or 8 cents a share , to reflect the net increase in the current 2006 ppg annual report and form 10-k 19 4282_txt to be issued options , number of .\n\nQuestion: if all of the unexercised shares under the challenge 2000 stock plan were exercised , what would the increase in shareholders equity be?",
        "solution": "146251000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2004/page_67.pdf\n\nID: HIG/2004/page_67.pdf-1\n\nPrevious Text:\nincome was due primarily to the adoption of statement of position 03-1 , 201caccounting and reporting by insurance enterprises for certain nontraditional long-duration contracts and for separate accounts 201d ( 201csop 03-1 201d ) , which resulted in $ 1.6 billion of net investment income .\n2003 compared to 2002 2014 revenues for the year ended december 31 , 2003 increased $ 2.3 billion over the comparable 2002 period .\nrevenues increased due to earned premium growth within the business insurance , specialty commercial and personal lines segments , primarily as a result of earned pricing increases , higher earned premiums and net investment income in the retail products segment and net realized capital gains in 2003 as compared to net realized capital losses in 2002 .\ntotal benefits , claims and expenses increased $ 3.9 billion for the year ended december 31 , 2003 over the comparable prior year period primarily due to the company 2019s $ 2.6 billion asbestos reserve strengthening during the first quarter of 2003 and due to increases in the retail products segment associated with the growth in the individual annuity and institutional investments businesses .\nthe net loss for the year ended december 31 , 2003 was primarily due to the company 2019s first quarter 2003 asbestos reserve strengthening of $ 1.7 billion , after-tax .\nincluded in net loss for the year ended december 31 , 2003 are $ 40 of after-tax expense related to the settlement of litigation with bancorp services , llc ( 201cbancorp 201d ) and $ 27 of severance charges , after-tax , in property & casualty .\nincluded in net income for the year ended december 31 , 2002 are the $ 8 after-tax benefit recognized by hartford life , inc .\n( 201chli 201d ) related to the reduction of hli 2019s reserves associated with september 11 and $ 11 of after-tax expense related to litigation with bancorp .\nnet realized capital gains and losses see 201cinvestment results 201d in the investments section .\nincome taxes the effective tax rate for 2004 , 2003 and 2002 was 15% ( 15 % ) , 83% ( 83 % ) and 6% ( 6 % ) , respectively .\nthe principal causes of the difference between the effective rates and the u.s .\nstatutory rate of 35% ( 35 % ) were tax-exempt interest earned on invested assets , the dividends-received deduction , the tax benefit associated with the settlement of the 1998-2001 irs audit in 2004 and the tax benefit associated with the settlement of the 1996-1997 irs audit in 2002 .\nincome taxes paid ( received ) in 2004 , 2003 and 2002 were $ 32 , ( $ 107 ) and ( $ 102 ) respectively .\nfor additional information , see note 13 of notes to consolidated financial statements .\nper common share the following table represents earnings per common share data for the past three years: .\n\nTable Data:\n[['', '2004', '2003', '2002'], ['basic earnings ( loss ) per share', '$ 7.24', '$ -0.33 ( 0.33 )', '$ 4.01'], ['diluted earnings ( loss ) per share [1]', '$ 7.12', '$ -0.33 ( 0.33 )', '$ 3.97'], ['weighted average common shares outstanding ( basic )', '292.3', '272.4', '249.4'], ['weighted average common shares outstanding and dilutivepotential common shares ( diluted ) [1]', '297.0', '272.4', '251.8']]\n\nFollowing Text:\n[1] as a result of the net loss for the year ended december 31 , 2003 , sfas no .\n128 , 201cearnings per share 201d , requires the company to use basic weighted average common shares outstanding in the calculation of the year ended december 31 , 2003 diluted earnings ( loss ) per share , since the inclusion of options of 1.8 would have been antidilutive to the earnings per share calculation .\nin the absence of the net loss , weighted average common shares outstanding and dilutive potential common shares would have totaled 274.2 .\nexecutive overview the company provides investment and retirement products such as variable and fixed annuities , mutual funds and retirement plan services and other institutional products ; individual and corporate owned life insurance ; and , group benefit products , such as group life and group disability insurance .\nthe company derives its revenues principally from : ( a ) fee income , including asset management fees , on separate account and mutual fund assets and mortality and expense fees , as well as cost of insurance charges ; ( b ) net investment income on general account assets ; ( c ) fully insured premiums ; and ( d ) certain other fees .\nasset management fees and mortality and expense fees are primarily generated from separate account assets , which are deposited with the company through the sale of variable annuity and variable universal life products and from mutual funds .\ncost of insurance charges are assessed on the net amount at risk for investment-oriented life insurance products .\npremium revenues are derived primarily from the sale of group life , and group disability and individual term insurance products .\nthe company 2019s expenses essentially consist of interest credited to policyholders on general account liabilities , insurance benefits provided , amortization of the deferred policy acquisition costs , expenses related to the selling and servicing the various products offered by the company , dividends to policyholders , and other general business expenses. .\n\nQuestion: what is the net income reported in 2004 , ( in millions ) ?",
        "solution": "2116.25"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2013/page_57.pdf\n\nID: ZBH/2013/page_57.pdf-1\n\nPrevious Text:\nzimmer holdings , inc .\n2013 form 10-k annual report notes to consolidated financial statements ( continued ) we have four tranches of senior notes outstanding : $ 250 million aggregate principal amount of 1.4 percent notes due november 30 , 2014 , $ 500 million aggregate principal amount of 4.625 percent notes due november 30 , 2019 , $ 300 million aggregate principal amount of 3.375 percent notes due november 30 , 2021 and $ 500 million aggregate principal amount of 5.75 percent notes due november 30 , 2039 .\ninterest on each series is payable on may 30 and november 30 of each year until maturity .\nthe estimated fair value of our senior notes as of december 31 , 2013 , based on quoted prices for the specific securities from transactions in over-the-counter markets ( level 2 ) , was $ 1649.5 million .\nwe may redeem the senior notes at our election in whole or in part at any time prior to maturity at a redemption price equal to the greater of 1 ) 100 percent of the principal amount of the notes being redeemed ; or 2 ) the sum of the present values of the remaining scheduled payments of principal and interest ( not including any portion of such payments of interest accrued as of the date of redemption ) , discounted to the date of redemption on a semi-annual basis at the treasury rate ( as defined in the debt agreement ) , plus 15 basis points in the case of the 2014 notes , 20 basis points in the case of the 2019 notes and 2021 notes , and 25 basis points in the case of the 2039 notes .\nwe would also pay the accrued and unpaid interest on the senior notes to the redemption date .\nwe have entered into interest rate swap agreements which we designated as fair value hedges of underlying fixed- rate obligations on our senior notes due 2019 and 2021 .\nsee note 13 for additional information regarding the interest rate swap agreements .\nbefore our senior notes due november 30 , 2014 become payable , we intend to issue new senior notes in order to pay the $ 250 million owed .\nif we are not able to issue new senior notes , we intend to borrow against our senior credit facility to pay these notes .\nsince we have the ability and intent to refinance these senior notes on a long-term basis with new notes or through our senior credit facility , we have classified these senior notes as long-term debt as of december 31 , 2013 .\nwe also have available uncommitted credit facilities totaling $ 50.7 million .\nat december 31 , 2013 , the weighted average interest rate for our long-term borrowings was 3.3 percent .\nat december 31 , 2012 , the weighted average interest rate for short-term and long-term borrowings was 1.1 percent and 3.5 percent , respectively .\nwe paid $ 68.1 million , $ 67.8 million and $ 55.0 million in interest during 2013 , 2012 and 2011 , respectively .\n12 .\naccumulated other comprehensive income oci refers to certain gains and losses that under gaap are included in comprehensive income but are excluded from net earnings as these amounts are initially recorded as an adjustment to stockholders 2019 equity .\namounts in oci may be reclassified to net earnings upon the occurrence of certain events .\nour oci is comprised of foreign currency translation adjustments , unrealized gains and losses on cash flow hedges , unrealized gains and losses on available-for-sale securities , and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions on our defined benefit plans .\nforeign currency translation adjustments are reclassified to net earnings upon sale or upon a complete or substantially complete liquidation of an investment in a foreign entity .\nunrealized gains and losses on cash flow hedges are reclassified to net earnings when the hedged item affects net earnings .\nunrealized gains and losses on available-for-sale securities are reclassified to net earnings if we sell the security before maturity or if the unrealized loss is considered to be other-than-temporary .\nwe typically hold our available-for-sale securities until maturity and are able to realize their amortized cost and therefore we do not have reclassification adjustments to net earnings on these securities .\namounts related to defined benefit plans that are in oci are reclassified over the service periods of employees in the plan .\nthe reclassification amounts are allocated to all employees in the plans and therefore the reclassified amounts may become part of inventory to the extent they are considered direct labor costs .\nsee note 14 for more information on our defined benefit plans .\nthe following table shows the changes in the components of oci , net of tax ( in millions ) : foreign currency translation hedges unrealized gains on securities defined benefit .\n\nTable Data:\n[['', 'foreign currency translation', 'cash flow hedges', 'unrealizedgains onsecurities', 'defined benefit plan items'], ['balance december 31 2012', '$ 445.5', '$ 4.1', '$ 0.4', '$ -106.1 ( 106.1 )'], ['oci before reclassifications', '-44.4 ( 44.4 )', '33.4', '0.1', '30.6'], ['reclassifications', '2013', '-4.4 ( 4.4 )', '2013', '7.9'], ['balance december 31 2013', '$ 401.1', '$ 33.1', '$ 0.5', '$ -67.6 ( 67.6 )']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in interest paid between 2011 and 2012 in millions?",
        "solution": "12.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2007/page_99.pdf\n\nID: AMT/2007/page_99.pdf-3\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) company is currently unable to estimate the impact of the amount of such changes , if any , to previously recorded uncertain tax positions .\na reconciliation of the beginning and ending amount of unrecognized tax benefits for the year ending december 31 , 2007 is as follows ( in thousands ) : .\n\nTable Data:\n[['balance at january 1 2007', '$ 183953'], ['additions based on tax positions related to the current year', '2598'], ['additions for tax positions of prior years', '5412'], ['reductions for tax positions of prior years', '-120016 ( 120016 )'], ['cash advance in connection with proposed settlement', '-6682 ( 6682 )'], ['settlements with taxing authorities', '-5372 ( 5372 )'], ['reductions as a result of the lapse of statute of limitations', '-669 ( 669 )'], ['balance as of december 31 2007', '$ 59224']]\n\nFollowing Text:\nduring the year ended december 31 , 2007 , the company recorded penalties and tax-related interest income of $ 2.5 million and interest income from tax refunds of $ 1.5 million for the year ended december 31 , 2007 .\nas of december 31 , 2007 and january 1 , 2007 , the total unrecognized tax benefits included in other long-term liabilities in the consolidated balance sheets was $ 29.6 million and $ 34.3 million , respectively .\nas of december 31 , 2007 and january 1 , 2007 , the total amount of accrued income tax-related interest and penalties included in other long-term liabilities in the consolidated balance sheets was $ 30.7 million and $ 33.2 million , respectively .\nin the fourth quarter of 2007 , the company entered into a tax amnesty program with the mexican tax authority .\nas of december 31 , 2007 , the company had met all of the administrative requirements of the program , which enabled the company to recognize certain tax benefits .\nthis was confirmed by the mexican tax authority on february 5 , 2008 .\nthese benefits include a reduction of uncertain tax benefits of $ 5.4 million along with penalties and interest of $ 12.5 million related to 2002 , all of which reduced income tax expense .\nin connection with the above program , the company paid $ 6.7 million to the mexican tax authority as a settlement offer for other uncertain tax positions related to 2003 and 2004 .\nthis offer is currently under review by the mexican tax authority ; the company cannot yet determine the specific timing or the amount of any potential settlement .\nduring 2007 , the statute of limitations on certain unrecognized tax benefits lapsed , which resulted in a $ 0.7 million decrease in the liability for uncertain tax benefits , all of which reduced the income tax provision .\nthe company files numerous consolidated and separate income tax returns , including u.s .\nfederal and state tax returns and foreign tax returns in mexico and brazil .\nas a result of the company 2019s ability to carry forward federal and state net operating losses , the applicable tax years remain open to examination until three years after the applicable loss carryforwards have been used or expired .\nhowever , the company has completed u.s .\nfederal income tax examinations for tax years up to and including 2002 .\nthe company is currently undergoing u.s .\nfederal income tax examinations for tax years 2004 and 2005 .\nadditionally , it is subject to examinations in various u.s .\nstate jurisdictions for certain tax years , and is under examination in brazil for the 2001 through 2006 tax years and mexico for the 2002 tax year .\nsfas no .\n109 , 201caccounting for income taxes , 201d requires that companies record a valuation allowance when it is 201cmore likely than not that some portion or all of the deferred tax assets will not be realized . 201d at december 31 , 2007 , the company has provided a valuation allowance of approximately $ 88.2 million , including approximately .\n\nQuestion: what is the percentage change in he total amount of accrued income tax-related interest and penalties included in other long-term liabilities during 2007?",
        "solution": "-7.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2006/page_37.pdf\n\nID: RCL/2006/page_37.pdf-1\n\nPrevious Text:\nnote 9 .\nretirement plan we maintain a defined contribution pension plan covering full-time shoreside employees who have completed the minimum period of continuous service .\nannual contributions to the plan are based on fixed percentages of participants 2019 salaries and years of service , not to exceed certain maximums .\npension cost was $ 13.9 million , $ 12.8 million and $ 12.2 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively .\nnote 10 .\nincome taxes we and the majority of our subsidiaries are currently exempt from united states corporate tax on income from the international opera- tion of ships pursuant to section 883 of the internal revenue code .\nincome tax expense related to our remaining subsidiaries was not significant for the years ended december 31 , 2006 , 2005 and 2004 .\nfinal regulations under section 883 were published on august 26 , 2003 , and were effective for the year ended december 31 , 2005 .\nthese regulations confirmed that we qualify for the exemption provid- ed by section 883 , but also narrowed the scope of activities which are considered by the internal revenue service to be incidental to the international operation of ships .\nthe activities listed in the regula- tions as not being incidental to the international operation of ships include income from the sale of air and other transportation such as transfers , shore excursions and pre and post cruise tours .\nto the extent the income from such activities is earned from sources within the united states , such income will be subject to united states taxa- tion .\nthe application of these new regulations reduced our net income for the years ended december 31 , 2006 and december 31 , 2005 by approximately $ 6.3 million and $ 14.0 million , respectively .\nnote 11 .\nfinancial instruments the estimated fair values of our financial instruments are as follows ( in thousands ) : .\n\nTable Data:\n[['', '2006', '2005'], ['cash and cash equivalents', '$ 104520', '$ 125385'], ['long-term debt ( including current portion of long-term debt )', '-5474988 ( 5474988 )', '-4368874 ( 4368874 )'], ['foreign currency forward contracts in a net ( loss ) gain position', '104159', '-115415 ( 115415 )'], ['interest rate swap agreements in a net receivable position', '5856', '8456'], ['fuel swap agreements in a net payable position', '-20456 ( 20456 )', '-78 ( 78 )']]\n\nFollowing Text:\nlong-term debt ( including current portion of long-term debt ) ( 5474988 ) ( 4368874 ) foreign currency forward contracts in a net ( loss ) gain position 104159 ( 115415 ) interest rate swap agreements in a net receivable position 5856 8456 fuel swap agreements in a net payable position ( 20456 ) ( 78 ) the reported fair values are based on a variety of factors and assumptions .\naccordingly , the fair values may not represent actual values of the financial instruments that could have been realized as of december 31 , 2006 or 2005 , or that will be realized in the future and do not include expenses that could be incurred in an actual sale or settlement .\nour financial instruments are not held for trading or speculative purposes .\nour exposure under foreign currency contracts , interest rate and fuel swap agreements is limited to the cost of replacing the contracts in the event of non-performance by the counterparties to the contracts , all of which are currently our lending banks .\nto minimize this risk , we select counterparties with credit risks acceptable to us and we limit our exposure to an individual counterparty .\nfurthermore , all foreign currency forward contracts are denominated in primary currencies .\ncash and cash equivalents the carrying amounts of cash and cash equivalents approximate their fair values due to the short maturity of these instruments .\nlong-term debt the fair values of our senior notes and senior debentures were esti- mated by obtaining quoted market prices .\nthe fair values of all other debt were estimated using discounted cash flow analyses based on market rates available to us for similar debt with the same remaining maturities .\nforeign currency contracts the fair values of our foreign currency forward contracts were esti- mated using current market prices for similar instruments .\nour expo- sure to market risk for fluctuations in foreign currency exchange rates relates to six ship construction contracts and forecasted transactions .\nwe use foreign currency forward contracts to mitigate the impact of fluctuations in foreign currency exchange rates .\nas of december 31 , 2006 , we had foreign currency forward contracts in a notional amount of $ 3.8 billion maturing through 2009 .\nas of december 31 , 2006 , the fair value of our foreign currency forward contracts related to the six ship construction contracts , which are designated as fair value hedges , was a net unrealized gain of approximately $ 106.3 mil- lion .\nat december 31 , 2005 , the fair value of our foreign currency for- ward contracts related to three ship construction contracts , designated as fair value hedges , was a net unrealized loss of approx- imately $ 103.4 million .\nthe fair value of our foreign currency forward contracts related to the other ship construction contract at december 31 , 2005 , which was designated as a cash flow hedge , was an unre- alized loss , of approximately $ 7.8 million .\nat december 31 , 2006 , approximately 11% ( 11 % ) of the aggregate cost of the ships was exposed to fluctuations in the euro exchange rate .\nr o y a l c a r i b b e a n c r u i s e s l t d .\n3 5 notes to the consolidated financial statements ( continued ) 51392_financials-v9.qxp 6/7/07 3:40 pm page 35 .\n\nQuestion: what was the total pension cost , in millions , from 2004-2006?",
        "solution": "38.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PM/2017/page_117.pdf\n\nID: PM/2017/page_117.pdf-2\n\nPrevious Text:\nnote 17 .\naccumulated other comprehensive losses : pmi's accumulated other comprehensive losses , net of taxes , consisted of the following: .\n\nTable Data:\n[['( losses ) earnings ( in millions )', '( losses ) earnings 2017', '( losses ) earnings 2016', '2015'], ['currency translation adjustments', '$ -5761 ( 5761 )', '$ -6091 ( 6091 )', '$ -6129 ( 6129 )'], ['pension and other benefits', '-2816 ( 2816 )', '-3565 ( 3565 )', '-3332 ( 3332 )'], ['derivatives accounted for as hedges', '42', '97', '59'], ['total accumulated other comprehensive losses', '$ -8535 ( 8535 )', '$ -9559 ( 9559 )', '$ -9402 ( 9402 )']]\n\nFollowing Text:\nreclassifications from other comprehensive earnings the movements in accumulated other comprehensive losses and the related tax impact , for each of the components above , that are due to current period activity and reclassifications to the income statement are shown on the consolidated statements of comprehensive earnings for the years ended december 31 , 2017 , 2016 , and 2015 .\nfor the years ended december 31 , 2017 , 2016 , and 2015 , $ 2 million , $ ( 5 ) million and $ 1 million of net currency translation adjustment gains/ ( losses ) were transferred from other comprehensive earnings to marketing , administration and research costs in the consolidated statements of earnings , respectively , upon liquidation of subsidiaries .\nfor additional information , see note 13 .\nbenefit plans and note 15 .\nfinancial instruments for disclosures related to pmi's pension and other benefits and derivative financial instruments .\nnote 18 .\ncontingencies : tobacco-related litigation legal proceedings covering a wide range of matters are pending or threatened against us , and/or our subsidiaries , and/or our indemnitees in various jurisdictions .\nour indemnitees include distributors , licensees and others that have been named as parties in certain cases and that we have agreed to defend , as well as to pay costs and some or all of judgments , if any , that may be entered against them .\npursuant to the terms of the distribution agreement between altria group , inc .\n( \"altria\" ) and pmi , pmi will indemnify altria and philip morris usa inc .\n( \"pm usa\" ) , a u.s .\ntobacco subsidiary of altria , for tobacco product claims based in substantial part on products manufactured by pmi or contract manufactured for pmi by pm usa , and pm usa will indemnify pmi for tobacco product claims based in substantial part on products manufactured by pm usa , excluding tobacco products contract manufactured for pmi .\nit is possible that there could be adverse developments in pending cases against us and our subsidiaries .\nan unfavorable outcome or settlement of pending tobacco-related litigation could encourage the commencement of additional litigation .\ndamages claimed in some of the tobacco-related litigation are significant and , in certain cases in brazil , canada and nigeria , range into the billions of u.s .\ndollars .\nthe variability in pleadings in multiple jurisdictions , together with the actual experience of management in litigating claims , demonstrate that the monetary relief that may be specified in a lawsuit bears little relevance to the ultimate outcome .\nmuch of the tobacco-related litigation is in its early stages , and litigation is subject to uncertainty .\nhowever , as discussed below , we have to date been largely successful in defending tobacco-related litigation .\nwe and our subsidiaries record provisions in the consolidated financial statements for pending litigation when we determine that an unfavorable outcome is probable and the amount of the loss can be reasonably estimated .\nat the present time , while it is reasonably possible that an unfavorable outcome in a case may occur , after assessing the information available to it ( i ) management has not concluded that it is probable that a loss has been incurred in any of the pending tobacco-related cases ; ( ii ) management is unable to estimate the possible loss or range of loss for any of the pending tobacco-related cases ; and ( iii ) accordingly , no estimated loss has been accrued in the consolidated financial statements for unfavorable outcomes in these cases , if any .\nlegal defense costs are expensed as incurred. .\n\nQuestion: what was the change in millions of total accumulated other comprehensive losses from 2016 to 2017?",
        "solution": "1024"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2008/page_128.pdf\n\nID: HOLX/2008/page_128.pdf-1\n\nPrevious Text:\nhologic , inc .\nnotes to consolidated financial statements ( continued ) ( in thousands , except per share data ) restructuring accrual as a result of the cytyc merger , the company assumed previous cytyc management approved restructuring plans designed to reduce future operating expenses by consolidating its mountain view , california operations into its existing operations in costa rica and massachusetts as well as restructuring plans relating to cytyc 2019s historical acquisitions completed in march 2007 .\nin connection with these plans , the company assumed a total liability of approximately $ 4658 .\nduring the twelve months ended september 27 , 2008 , the company did not incur any additional restructuring costs related to retention costs for these employees .\nas a result of the third wave acquisition , the company assumed previous third wave management approved restructuring plans designed to reduce future operating expenses .\nin connection with these plans , the company assumed a total liability related to termination benefits of approximately $ 7509 .\nthe company did not incur any additional restructuring costs related to retention costs for these employees from the date of acquisition through september 27 , 2008 .\nwe anticipate that these costs will be paid in full during fiscal 2009 .\nadditionally , the company recorded a liability related to the cytyc merger in accordance with eitf 95-3 as detailed below , primarily related to the termination of certain employees as well as minimum inventory purchase commitments and other contractual obligations for which business activities have been discontinued .\nduring the twelve months ended september 27 , 2008 the company incurred approximately $ 6.4 million of expense related to the resignation of the chairman of the board of directors , which is not included in the table below ( see note 12 ) .\nchanges in the restructuring accrual for the twelve months ended september 27 , 2008 were as follows : twelve months ended september 27 , 2008 termination benefits .\n\nTable Data:\n[['other', 'twelve months ended september 27 2008 other', 'twelve months ended september 27 2008'], ['beginning balance', '$ 2014', '$ 105'], ['cytyc balance acquired october 22 2007', '2014', '4658'], ['third wave balance acquired july 24 2008', '261', '7029'], ['provided for under eitf no . 95-3', '1820', '1020'], ['adjustments', '-382 ( 382 )', '-270 ( 270 )'], ['payments', '-817 ( 817 )', '-11233 ( 11233 )'], ['ending balance', '$ 882', '$ 1309']]\n\nFollowing Text:\nas of the dates of acquisition of aeg elektrofotografie gmbh ( 201caeg 201d ) , r2 technology , inc .\n( 201cr2 201d ) and suros surgical , inc .\n( 201csuros 201d ) ( see note 3 ) , management of the company implemented and finalized plans to involuntarily terminate certain employees of the acquired companies .\nthese plans resulted in a liability for costs associated with an employee severance arrangement of approximately $ 3135 in accordance with eitf issue no .\n95-3 , recognition of liabilities in connection with a purchase business combination .\nas of september 29 , 2007 , all amounts other than $ 105 had been paid .\nthe company had made full payment on this remaining liability as of september 27 , 2008 .\nadvertising costs advertising costs are charged to operations as incurred .\nthe company does not have any direct-response advertising .\nadvertising costs , which include trade shows and conventions , were approximately $ 15281 , $ 6683 and $ 5003 for fiscal 2008 , 2007 and 2006 , respectively , and were included in selling and marketing expense in the consolidated statements of operations. .\n\nQuestion: what is the growth rate in advertising costs from 2007 to 2008?",
        "solution": "128.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2016/page_73.pdf\n\nID: JPM/2016/page_73.pdf-1\n\nPrevious Text:\njpmorgan 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 .\n( 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 .\nthe 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 .\nthe kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s .\nand is composed of leading national money center and regional banks and thrifts .\nthe s&p financial index is an index of financial companies , all of which are components of the s&p 500 .\nthe firm is a component of all three industry indices .\nthe 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 .\nthe comparison assumes that all dividends are reinvested .\ndecember 31 , ( in dollars ) 2011 2012 2013 2014 2015 2016 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\ndecember 31 , ( in dollars ) .\n\nQuestion: what was the 5 year return of jpmorgan chase's stock?",
        "solution": "198.31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2018/page_61.pdf\n\nID: PPG/2018/page_61.pdf-1\n\nPrevious Text:\n2018 ppg annual report and form 10-k 59 other acquisitions in 2018 , 2017 , and 2016 , the company completed several smaller business acquisitions .\nthe total consideration paid for these acquisitions , net of cash acquired , debt assumed and other post closing adjustments , was $ 108 million , $ 74 million and $ 43 million , respectively .\nin january 2018 , ppg acquired procoatings , a leading architectural paint and coatings wholesaler located in the netherlands .\nprocoatings , established in 2001 , distributes a large portfolio of well-known professional paint brands through its network of 23 multi-brand stores .\nthe company employs nearly 100 people .\nthe results of this business since the date of acquisition have been reported within the architectural coatings americas and asia pacific business within the performance coatings reportable segment .\nin january 2017 , ppg acquired certain assets of automotive refinish coatings company futian xinshi ( 201cfutian 201d ) , based in the guangdong province of china .\nfutian distributes its products in china through a network of more than 200 distributors .\nin january 2017 , ppg completed the acquisition of deutek s.a. , a leading romanian paint and architectural coatings manufacturer , from the emerging europe accession fund .\ndeutek , established in 1993 , manufactures and markets a large portfolio of well-known professional and consumer paint brands , including oskar and danke! .\nthe company 2019s products are sold in more than 120 do-it-yourself stores and 3500 independent retail outlets in romania .\ndivestitures glass segment in 2017 , ppg completed a multi-year strategic shift in the company's business portfolio , resulting in the exit of all glass operations which consisted of the global fiber glass business , ppg's ownership interest in two asian fiber glass joint ventures and the flat glass business .\naccordingly , the results of operations , including the gains on the divestitures , and cash flows have been recast as discontinued operations for all periods presented .\nppg now has two reportable business segments .\nthe net sales and income from discontinued operations related to the former glass segment for the three years ended december 31 , 2018 , 2017 , and 2016 were as follows: .\n\nTable Data:\n[['( $ in millions )', '2018', '2017', '2016'], ['net sales', '$ 2014', '$ 217', '$ 908'], ['income from operations', '$ 21', '$ 30', '$ 111'], ['net gains on the divestitures of businesses', '2014', '343', '421'], ['income tax expense', '5', '140', '202'], ['income from discontinued operations net of tax', '$ 16', '$ 233', '$ 330']]\n\nFollowing Text:\nduring 2018 , ppg released $ 13 million of previously recorded accruals and contingencies established in conjunction with the divestitures of businesses within the former glass segment as a result of completed actions , new information and updated estimates .\nalso during 2018 , ppg made a final payment of $ 20 million to vitro s.a.b .\nde c.v related to the transfer of certain pension obligations upon the sale of the former flat glass business .\nnorth american fiber glass business on september 1 , 2017 , ppg completed the sale of its north american fiber glass business to nippon electric glass co .\nltd .\n( 201cneg 201d ) .\ncash proceeds from the sale were $ 541 million , resulting in a pre-tax gain of $ 343 million , net of certain accruals and contingencies established in conjunction with the divestiture .\nppg 2019s fiber glass operations included manufacturing facilities in chester , south carolina , and lexington and shelby , north carolina ; and administrative and research-and-development operations in shelby and in harmar , pennsylvania , near pittsburgh .\nthe business , which employed more than 1000 people and had net sales of approximately $ 350 million in 2016 , supplies the transportation , energy , infrastructure and consumer markets .\nflat glass business in october 2016 , ppg completed the sale of its flat glass manufacturing and glass coatings operations to vitro s.a.b .\nde c.v .\nppg received approximately $ 740 million in cash proceeds and recorded a pre-tax gain of $ 421 million on the sale .\nunder the terms of the agreement , ppg divested its entire flat glass manufacturing and glass coatings operations , including production sites located in fresno , california ; salem , oregon ; carlisle , pennsylvania ; and wichita falls , texas ; four distribution/fabrication facilities located across canada ; and a research-and-development center located in harmar , pennsylvania .\nppg 2019s flat glass business included approximately 1200 employees .\nthe business manufactures glass that is fabricated into products used primarily in commercial and residential construction .\nnotes to the consolidated financial statements .\n\nQuestion: what was operating income return on sales on the discontinued glass segment in 2016?",
        "solution": "12.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2018/page_71.pdf\n\nID: ADBE/2018/page_71.pdf-2\n\nPrevious Text:\ntable of contents adobe inc .\nnotes to consolidated financial statements ( continued ) the table below represents the preliminary purchase price allocation to the acquired net tangible and intangible assets of marketo based on their estimated fair values as of the acquisition date and the associated estimated useful lives at that date .\nthe fair values assigned to assets acquired and liabilities assumed are based on management 2019s best estimates and assumptions as of the reporting date and are considered preliminary pending finalization of valuation analyses pertaining to intangible assets acquired , deferred revenue and tax liabilities assumed including the calculation of deferred tax assets and liabilities .\n( in thousands ) amount weighted average useful life ( years ) .\n\nTable Data:\n[['( in thousands )', 'amount', 'weighted average useful life ( years )'], ['customer contracts and relationships', '$ 576900', '11'], ['purchased technology', '444500', '7'], ['backlog', '105800', '2'], ['non-competition agreements', '12100', '2'], ['trademarks', '328500', '9'], ['total identifiable intangible assets', '1467800', ''], ['net liabilities assumed', '-191288 ( 191288 )', 'n/a'], ['goodwill ( 1 )', '3459751', 'n/a'], ['total estimated purchase price', '$ 4736263', '']]\n\nFollowing Text:\n_________________________________________ ( 1 ) non-deductible for tax-purposes .\nidentifiable intangible assets 2014customer relationships consist of marketo 2019s contractual relationships and customer loyalty related to their enterprise and commercial customers as well as technology partner relationships .\nthe estimated fair value of the customer contracts and relationships was determined based on projected cash flows attributable to the asset .\npurchased technology acquired primarily consists of marketo 2019s cloud-based engagement marketing software platform .\nthe estimated fair value of the purchased technology was determined based on the expected future cost savings resulting from ownership of the asset .\nbacklog relates to subscription contracts and professional services .\nnon-compete agreements include agreements with key marketo employees that preclude them from competing against marketo for a period of two years from the acquisition date .\ntrademarks include the marketo trade name , which is well known in the marketing ecosystem .\nwe amortize the fair value of these intangible assets on a straight-line basis over their respective estimated useful lives .\ngoodwill 2014approximately $ 3.46 billion has been allocated to goodwill , and has been allocated in full to the digital experience reportable segment .\ngoodwill represents the excess of the purchase price over the fair value of the underlying acquired net tangible and intangible assets .\nthe factors that contributed to the recognition of goodwill included securing buyer-specific synergies that increase revenue and profits and are not otherwise available to a marketplace participant , acquiring a talented workforce and cost savings opportunities .\nnet liabilities assumed 2014marketo 2019s tangible assets and liabilities as of october 31 , 2018 were reviewed and adjusted to their fair value as necessary .\nthe net liabilities assumed included , among other items , $ 100.1 million in accrued expenses , $ 74.8 million in deferred revenue and $ 182.6 million in deferred tax liabilities , which were partially offset by $ 54.9 million in cash and cash equivalents and $ 72.4 million in trade receivables acquired .\ndeferred revenue 2014included in net liabilities assumed is marketo 2019s deferred revenue which represents advance payments from customers related to subscription contracts and professional services .\nwe estimated our obligation related to the deferred revenue using the cost build-up approach .\nthe cost build-up approach determines fair value by estimating the direct and indirect costs related to supporting the obligation plus an assumed operating margin .\nthe sum of the costs and assumed operating profit approximates , in theory , the amount that marketo would be required to pay a third party to assume the obligation .\nthe estimated costs to fulfill the obligation were based on the near-term projected cost structure for subscription and professional services .\nas a result , we recorded an adjustment to reduce marketo 2019s carrying value of deferred revenue to $ 74.8 million , which represents our estimate of the fair value of the contractual obligations assumed based on a preliminary valuation. .\n\nQuestion: what is the estimated yearly amortization expense related to trademarks?",
        "solution": "36500"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2017/page_104.pdf\n\nID: GS/2017/page_104.pdf-3\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries management 2019s discussion and analysis the risk committee of the board and the risk governance committee ( through delegated authority from the firmwide risk committee ) approve market risk limits and sub-limits at firmwide , business and product levels , consistent with our risk appetite statement .\nin addition , market risk management ( through delegated authority from the risk governance committee ) sets market risk limits and sub-limits at certain product and desk levels .\nthe purpose of the firmwide limits is to assist senior management in controlling our overall risk profile .\nsub-limits are set below the approved level of risk limits .\nsub-limits set the desired maximum amount of exposure that may be managed by any particular business on a day-to-day basis without additional levels of senior management approval , effectively leaving day-to-day decisions to individual desk managers and traders .\naccordingly , sub-limits are a management tool designed to ensure appropriate escalation rather than to establish maximum risk tolerance .\nsub-limits also distribute risk among various businesses in a manner that is consistent with their level of activity and client demand , taking into account the relative performance of each area .\nour market risk limits are monitored daily by market risk management , which is responsible for identifying and escalating , on a timely basis , instances where limits have been exceeded .\nwhen a risk limit has been exceeded ( e.g. , due to positional changes or changes in market conditions , such as increased volatilities or changes in correlations ) , it is escalated to senior managers in market risk management and/or the appropriate risk committee .\nsuch instances are remediated by an inventory reduction and/or a temporary or permanent increase to the risk limit .\nmodel review and validation our var and stress testing models are regularly reviewed by market risk management and enhanced in order to incorporate changes in the composition of positions included in our market risk measures , as well as variations in market conditions .\nprior to implementing significant changes to our assumptions and/or models , model risk management performs model validations .\nsignificant changes to our var and stress testing models are reviewed with our chief risk officer and chief financial officer , and approved by the firmwide risk committee .\nsee 201cmodel risk management 201d for further information about the review and validation of these models .\nsystems we have made a significant investment in technology to monitor market risk including : 2030 an independent calculation of var and stress measures ; 2030 risk measures calculated at individual position levels ; 2030 attribution of risk measures to individual risk factors of each position ; 2030 the ability to report many different views of the risk measures ( e.g. , by desk , business , product type or entity ) ; 2030 the ability to produce ad hoc analyses in a timely manner .\nmetrics we analyze var at the firmwide level and a variety of more detailed levels , including by risk category , business , and region .\nthe tables below present average daily var and period-end var , as well as the high and low var for the period .\ndiversification effect in the tables below represents the difference between total var and the sum of the vars for the four risk categories .\nthis effect arises because the four market risk categories are not perfectly correlated .\nthe table below presents average daily var by risk category. .\n\nTable Data:\n[['$ in millions', 'year ended december 2017', 'year ended december 2016', 'year ended december 2015'], ['interest rates', '$ 40', '$ 45', '$ 47'], ['equity prices', '24', '25', '26'], ['currency rates', '12', '21', '30'], ['commodity prices', '13', '17', '20'], ['diversification effect', '-35 ( 35 )', '-45 ( 45 )', '-47 ( 47 )'], ['total', '$ 54', '$ 63', '$ 76']]\n\nFollowing Text:\nour average daily var decreased to $ 54 million in 2017 from $ 63 million in 2016 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect .\nthe overall decrease was primarily due to lower levels of volatility .\nour average daily var decreased to $ 63 million in 2016 from $ 76 million in 2015 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect .\nthe overall decrease was primarily due to reduced exposures .\ngoldman sachs 2017 form 10-k 91 .\n\nQuestion: in millions for 2017 , was the average daily var by risk category for impact of interest rates greater than equity prices?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2018/page_103.pdf\n\nID: AWK/2018/page_103.pdf-2\n\nPrevious Text:\nallows us to repurchase shares at times when we may otherwise be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods .\nsubject to applicable regulations , we may elect to amend or cancel this repurchase program or the share repurchase parameters at our discretion .\nas of december 31 , 2018 , we have repurchased an aggregate of 4510000 shares of common stock under this program .\ncredit facilities and short-term debt we have an unsecured revolving credit facility of $ 2.25 billion that expires in june 2023 .\nin march 2018 , awcc and its lenders amended and restated the credit agreement with respect to awcc 2019s revolving credit facility to increase the maximum commitments under the facility from $ 1.75 billion to $ 2.25 billion , and to extend the expiration date of the facility from june 2020 to march 2023 .\nall other terms , conditions and covenants with respect to the existing facility remained unchanged .\nsubject to satisfying certain conditions , the credit agreement also permits awcc to increase the maximum commitment under the facility by up to an aggregate of $ 500 million , and to request extensions of its expiration date for up to two , one-year periods .\ninterest rates on advances under the facility are based on a credit spread to the libor rate or base rate in accordance with moody investors service 2019s and standard & poor 2019s financial services 2019 then applicable credit rating on awcc 2019s senior unsecured , non-credit enhanced debt .\nthe facility is used principally to support awcc 2019s commercial paper program and to provide up to $ 150 million in letters of credit .\nindebtedness under the facility is considered 201cdebt 201d for purposes of a support agreement between the company and awcc , which serves as a functional equivalent of a guarantee by the company of awcc 2019s payment obligations under the credit facility .\nawcc also has an outstanding commercial paper program that is backed by the revolving credit facility , the maximum aggregate outstanding amount of which was increased in march 2018 , from $ 1.60 billion to $ 2.10 billion .\nthe following table provides the aggregate credit facility commitments , letter of credit sub-limit under the revolving credit facility and commercial paper limit , as well as the available capacity for each as of december 31 , 2018 and 2017 : credit facility commitment available credit facility capacity letter of credit sublimit available letter of credit capacity commercial paper limit available commercial capacity ( in millions ) december 31 , 2018 .\n.\n.\n.\n.\n.\n.\n.\n$ 2262 $ 2177 $ 150 $ 69 $ 2100 $ 1146 december 31 , 2017 .\n.\n.\n.\n.\n.\n.\n.\n1762 1673 150 66 1600 695 the weighted average interest rate on awcc short-term borrowings for the years ended december 31 , 2018 and 2017 was approximately 2.28% ( 2.28 % ) and 1.24% ( 1.24 % ) , respectively .\ncapital structure the following table provides the percentage of our capitalization represented by the components of our capital structure as of december 31: .\n\nTable Data:\n[['', '2018', '2017', '2016'], [\"total common shareholders' equity\", '40.4% ( 40.4 % )', '41.0% ( 41.0 % )', '42.1% ( 42.1 % )'], ['long-term debt and redeemable preferred stock at redemption value', '52.4% ( 52.4 % )', '49.6% ( 49.6 % )', '46.4% ( 46.4 % )'], ['short-term debt and current portion of long-term debt', '7.2% ( 7.2 % )', '9.4% ( 9.4 % )', '11.5% ( 11.5 % )'], ['total', '100% ( 100 % )', '100% ( 100 % )', '100% ( 100 % )']]\n\nFollowing Text:\n.\n\nQuestion: was the weighted average interest rate on awcc short-term borrowings greater for the year ended december 31 , 2018 then 2017?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_35.pdf\n\nID: MRO/2009/page_35.pdf-2\n\nPrevious Text:\nthe following table sets forth our refined products sales by product group and our average sales price for each of the last three years .\nrefined product sales ( thousands of barrels per day ) 2009 2008 2007 .\n\nTable Data:\n[['( thousands of barrels per day )', '2009', '2008', '2007'], ['gasoline', '830', '756', '791'], ['distillates', '357', '375', '377'], ['propane', '23', '22', '23'], ['feedstocks and special products', '75', '100', '103'], ['heavy fuel oil', '24', '23', '29'], ['asphalt', '69', '76', '87'], ['total', '1378', '1352', '1410'], ['average sales price ( dollars per barrel )', '$ 70.86', '$ 109.49', '$ 86.53']]\n\nFollowing Text:\nwe sell gasoline , gasoline blendstocks and no .\n1 and no .\n2 fuel oils ( including kerosene , jet fuel and diesel fuel ) to wholesale marketing customers in the midwest , upper great plains , gulf coast and southeastern regions of the united states .\nwe sold 51 percent of our gasoline volumes and 87 percent of our distillates volumes on a wholesale or spot market basis in 2009 .\nthe demand for gasoline is seasonal in many of our markets , with demand typically being at its highest levels during the summer months .\nwe have blended ethanol into gasoline for over 20 years and began expanding our blending program in 2007 , in part due to federal regulations that require us to use specified volumes of renewable fuels .\nethanol volumes sold in blended gasoline were 60 mbpd in 2009 , 54 mbpd in 2008 and 40 mbpd in 2007 .\nthe future expansion or contraction of our ethanol blending program will be driven by the economics of the ethanol supply and by government regulations .\nwe sell reformulated gasoline , which is also blended with ethanol , in parts of our marketing territory , including : chicago , illinois ; louisville , kentucky ; northern kentucky ; milwaukee , wisconsin , and hartford , illinois .\nwe also sell biodiesel-blended diesel in minnesota , illinois and kentucky .\nwe produce propane at all seven of our refineries .\npropane is primarily used for home heating and cooking , as a feedstock within the petrochemical industry , for grain drying and as a fuel for trucks and other vehicles .\nour propane sales are typically split evenly between the home heating market and industrial consumers .\nwe are a producer and marketer of petrochemicals and specialty products .\nproduct availability varies by refinery and includes benzene , cumene , dilute naphthalene oil , molten maleic anhydride , molten sulfur , propylene , toluene and xylene .\nwe market propylene , cumene and sulfur domestically to customers in the chemical industry .\nwe sell maleic anhydride throughout the united states and canada .\nwe also have the capacity to produce 1400 tons per day of anode grade coke at our robinson refinery , which is used to make carbon anodes for the aluminum smelting industry , and 5500 tons per day of fuel grade coke at the garyville refinery , which is used for power generation and in miscellaneous industrial applications .\nin early 2009 , we discontinued production and sales of petroleum pitch and aliphatic solvents at our catlettsburg refinery .\nwe produce and market heavy residual fuel oil or related components at all seven of our refineries .\nanother product of crude oil , heavy residual fuel oil , is primarily used in the utility and ship bunkering ( fuel ) industries , though there are other more specialized uses of the product .\nwe have refinery based asphalt production capacity of up to 108 mbpd .\nwe market asphalt through 33 owned or leased terminals throughout the midwest and southeast .\nwe have a broad customer base , including approximately 675 asphalt-paving contractors , government entities ( states , counties , cities and townships ) and asphalt roofing shingle manufacturers .\nwe sell asphalt in the wholesale and cargo markets via rail and barge .\nwe also produce asphalt cements , polymer modified asphalt , emulsified asphalt and industrial asphalts .\nin 2007 , we acquired a 35 percent interest in an entity which owns and operates a 110-million-gallon-per-year ethanol production facility in clymers , indiana .\nwe also own a 50 percent interest in an entity which owns a 110-million-gallon-per-year ethanol production facility in greenville , ohio .\nthe greenville plant began production in february 2008 .\nboth of these facilities are managed by a co-owner. .\n\nQuestion: what percentage of refined product sales consisted of distillates in 2008?",
        "solution": "27.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GIS/2017/page_86.pdf\n\nID: GIS/2017/page_86.pdf-3\n\nPrevious Text:\nable to reasonably estimate the timing of future cash flows beyond 12 months due to uncertainties in the timing of tax audit outcomes .\nthe remaining amount of our unrecognized tax liability was classified in other liabilities .\nwe report accrued interest and penalties related to unrecognized tax benefit liabilities in income tax expense .\nfor fiscal 2017 , we recognized a net benefit of $ 5.6 million of tax-related net interest and penalties , and had $ 23.1 million of accrued interest and penalties as of may 28 , 2017 .\nfor fiscal 2016 , we recognized a net benefit of $ 2.7 million of tax-related net interest and penalties , and had $ 32.1 million of accrued interest and penalties as of may 29 , 2016 .\nnote 15 .\nleases , other commitments , and contingencies the company 2019s leases are generally for warehouse space and equipment .\nrent expense under all operating leases from continuing operations was $ 188.1 million in fiscal 2017 , $ 189.1 million in fiscal 2016 , and $ 193.5 million in fiscal 2015 .\nsome operating leases require payment of property taxes , insurance , and maintenance costs in addition to the rent payments .\ncontingent and escalation rent in excess of minimum rent payments and sublease income netted in rent expense were insignificant .\nnoncancelable future lease commitments are : operating capital in millions leases leases .\n\nTable Data:\n[['in millions', 'operating leases', 'capital leases'], ['fiscal 2018', '$ 118.8', '$ 0.4'], ['fiscal 2019', '101.7', '0.4'], ['fiscal 2020', '80.7', '0.2'], ['fiscal 2021', '60.7', '0.1'], ['fiscal 2022', '49.7', '2014'], ['after fiscal 2022', '89.1', '0.1'], ['total noncancelable future lease commitments', '$ 500.7', '$ 1.2'], ['less : interest', '', '-0.1 ( 0.1 )'], ['present value of obligations under capital leases', '', '$ 1.1']]\n\nFollowing Text:\ndepreciation on capital leases is recorded as deprecia- tion expense in our results of operations .\nas of may 28 , 2017 , we have issued guarantees and comfort letters of $ 504.7 million for the debt and other obligations of consolidated subsidiaries , and guarantees and comfort letters of $ 165.3 million for the debt and other obligations of non-consolidated affiliates , mainly cpw .\nin addition , off-balance sheet arrangements are generally limited to the future payments under non-cancelable operating leases , which totaled $ 500.7 million as of may 28 , 2017 .\nnote 16 .\nbusiness segment and geographic information we operate in the consumer foods industry .\nin the third quarter of fiscal 2017 , we announced a new global orga- nization structure to streamline our leadership , enhance global scale , and drive improved operational agility to maximize our growth capabilities .\nas a result of this global reorganization , beginning in the third quarter of fiscal 2017 , we reported results for our four operating segments as follows : north america retail , 65.3 percent of our fiscal 2017 consolidated net sales ; convenience stores & foodservice , 12.0 percent of our fiscal 2017 consolidated net sales ; europe & australia , 11.7 percent of our fiscal 2017 consolidated net sales ; and asia & latin america , 11.0 percent of our fiscal 2017 consoli- dated net sales .\nwe have restated our net sales by seg- ment and segment operating profit amounts to reflect our new operating segments .\nthese segment changes had no effect on previously reported consolidated net sales , operating profit , net earnings attributable to general mills , or earnings per share .\nour north america retail operating segment consists of our former u.s .\nretail operating units and our canada region .\nwithin our north america retail operating seg- ment , our former u.s .\nmeals operating unit and u.s .\nbaking operating unit have been combined into one operating unit : u.s .\nmeals & baking .\nour convenience stores & foodservice operating segment is unchanged .\nour europe & australia operating segment consists of our former europe region .\nour asia & latin america operating segment consists of our former asia/pacific and latin america regions .\nunder our new organization structure , our chief operating decision maker assesses performance and makes decisions about resources to be allocated to our segments at the north america retail , convenience stores & foodservice , europe & australia , and asia & latin america operating segment level .\nour north america retail operating segment reflects business with a wide variety of grocery stores , mass merchandisers , membership stores , natural food chains , drug , dollar and discount chains , and e-commerce gro- cery providers .\nour product categories in this business 84 general mills .\n\nQuestion: what is the change in balance of accrued interest and penalties from 2016 to 2017?",
        "solution": "-9.0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2012/page_16.pdf\n\nID: CE/2012/page_16.pdf-1\n\nPrevious Text:\npolyplastics co. , ltd .\npolyplastics is a leading supplier of engineered plastics in the asia-pacific region and is a venture between daicel chemical industries ltd. , japan ( 55% ( 55 % ) ) and ticona llc ( 45% ( 45 % ) ownership and a wholly-owned subsidiary of cna holdings llc ) .\npolyplastics is a producer and marketer of pom and lcp , with principal production facilities located in japan , taiwan , malaysia and china .\nfortron industries llc .\nfortron is a leading global producer of polyphenylene sulfide ( \"pps\" ) , sold under the fortron ae brand , which is used in a wide variety of automotive and other applications , especially those requiring heat and/or chemical resistance .\nfortron is a limited liability company whose members are ticona fortron inc .\n( 50% ( 50 % ) ownership and a wholly-owned subsidiary of cna holdings llc ) and kureha corporation ( 50% ( 50 % ) ) .\nfortron's facility is located in wilmington , north carolina .\nthis venture combines the sales , marketing , distribution , compounding and manufacturing expertise of celanese with the pps polymer technology expertise of kureha .\nchina acetate strategic ventures .\nwe hold ownership interest in three separate acetate production ventures in china as follows : nantong cellulose fibers co .\nltd .\n( 31% ( 31 % ) ) , kunming cellulose fibers co .\nltd .\n( 30% ( 30 % ) ) and zhuhai cellulose fibers co .\nltd .\n( 30% ( 30 % ) ) .\nthe china national tobacco corporation , the chinese state-owned tobacco entity , controls the remaining ownership interest in each of these ventures .\nour chinese acetate ventures fund their operations using operating cash flow and pay a dividend in the second quarter of each fiscal year based on the ventures' performance for the preceding year .\nin 2012 , 2011 and 2010 , we received cash dividends of $ 83 million , $ 78 million and $ 71 million , respectively .\nduring 2012 , our venture's nantong facility completed an expansion of its acetate flake and acetate tow capacity , each by 30000 tons .\nwe made contributions of $ 29 million over three years related to the capacity expansion in nantong .\nsimilar expansions since the ventures were formed have led to earnings growth and increased dividends for the company .\naccording to the euromonitor database services , china is estimated to have a 42% ( 42 % ) share of the world's 2011 cigarette consumption and is the fastest growing area for cigarette consumption at an estimated growth rate of 3.5% ( 3.5 % ) per year from 2011 through 2016 .\ncombined , these ventures are a leader in chinese domestic acetate production and we believe we are well positioned to supply chinese cigarette producers .\nalthough our ownership interest in each of our china acetate ventures exceeds 20% ( 20 % ) , we account for these investments using the cost method of accounting because we determined that we cannot exercise significant influence over these entities due to local government investment in and influence over these entities , limitations on our involvement in the day-to-day operations and the present inability of the entities to provide timely financial information prepared in accordance with generally accepted accounting principles in the united states ( \"us gaap\" ) .\n2022 other equity method investments infraservs .\nwe hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants .\nour ownership interest in the equity investments in infraserv ventures are as follows : as of december 31 , 2012 ( in percentages ) .\n\nTable Data:\n[['', 'as of december 31 2012 ( in percentages )'], ['infraserv gmbh & co . gendorf kg', '39'], ['infraserv gmbh & co . knapsack kg', '27'], ['infraserv gmbh & co . hoechst kg', '32']]\n\nFollowing Text:\nraw materials and energy we purchase a variety of raw materials and energy from sources in many countries for use in our production processes .\nwe have a policy of maintaining , when available , multiple sources of supply for materials .\nhowever , some of our individual plants may have single sources of supply for some of their raw materials , such as carbon monoxide , steam and acetaldehyde .\nalthough we have been able to obtain sufficient supplies of raw materials , there can be no assurance that unforeseen developments will not affect our raw material supply .\neven if we have multiple sources of supply for a raw material , there can be no assurance that these sources can make up for the loss of a major supplier .\nit is also possible profitability will be adversely affected if we are required to qualify additional sources of supply to our specifications in the event of the loss of a sole supplier .\nin addition , the price of raw materials varies , often substantially , from year to year. .\n\nQuestion: what is the percentage change in the cash dividends received by the company in 2012 compare to 2011?",
        "solution": "6.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2017/page_85.pdf\n\nID: ECL/2017/page_85.pdf-1\n\nPrevious Text:\nin january 2016 , the company issued $ 800 million of debt securities consisting of a $ 400 million aggregate principal three year fixed rate note with a coupon rate of 2.00% ( 2.00 % ) and a $ 400 million aggregate principal seven year fixed rate note with a coupon rate of 3.25% ( 3.25 % ) .\nthe proceeds were used to repay a portion of the company 2019s outstanding commercial paper , repay the remaining term loan balance , and for general corporate purposes .\nthe company 2019s public notes and 144a notes may be redeemed by the company at its option at redemption prices that include accrued and unpaid interest and a make-whole premium .\nupon the occurrence of a change of control accompanied by a downgrade of the notes below investment grade rating , within a specified time period , the company would be required to offer to repurchase the public notes and 144a notes at a price equal to 101% ( 101 % ) of the aggregate principal amount thereof , plus any accrued and unpaid interest to the date of repurchase .\nthe public notes and 144a notes are senior unsecured and unsubordinated obligations of the company and rank equally with all other senior and unsubordinated indebtedness of the company .\nthe company entered into a registration rights agreement in connection with the issuance of the 144a notes .\nsubject to certain limitations set forth in the registration rights agreement , the company has agreed to ( i ) file a registration statement ( the 201cexchange offer registration statement 201d ) with respect to registered offers to exchange the 144a notes for exchange notes ( the 201cexchange notes 201d ) , which will have terms identical in all material respects to the new 10-year notes and new 30-year notes , as applicable , except that the exchange notes will not contain transfer restrictions and will not provide for any increase in the interest rate thereon in certain circumstances and ( ii ) use commercially reasonable efforts to cause the exchange offer registration statement to be declared effective within 270 days after the date of issuance of the 144a notes .\nuntil such time as the exchange offer registration statement is declared effective , the 144a notes may only be sold in accordance with rule 144a or regulation s of the securities act of 1933 , as amended .\nprivate notes the company 2019s private notes may be redeemed by the company at its option at redemption prices that include accrued and unpaid interest and a make-whole premium .\nupon the occurrence of specified changes of control involving the company , the company would be required to offer to repurchase the private notes at a price equal to 100% ( 100 % ) of the aggregate principal amount thereof , plus any accrued and unpaid interest to the date of repurchase .\nadditionally , the company would be required to make a similar offer to repurchase the private notes upon the occurrence of specified merger events or asset sales involving the company , when accompanied by a downgrade of the private notes below investment grade rating , within a specified time period .\nthe private notes are unsecured senior obligations of the company and rank equal in right of payment with all other senior indebtedness of the company .\nthe private notes shall be unconditionally guaranteed by subsidiaries of the company in certain circumstances , as described in the note purchase agreements as amended .\nother debt during 2015 , the company acquired the beneficial interest in the trust owning the leased naperville facility resulting in debt assumption of $ 100.2 million and the addition of $ 135.2 million in property , plant and equipment .\ncertain administrative , divisional , and research and development personnel are based at the naperville facility .\ncash paid as a result of the transaction was $ 19.8 million .\nthe assumption of debt and the majority of the property , plant and equipment addition represented non-cash financing and investing activities , respectively .\nthe remaining balance on the assumed debt was settled in december 2017 and was reflected in the \"other\" line of the table above at december 31 , 2016 .\ncovenants and future maturities the company is in compliance with all covenants under the company 2019s outstanding indebtedness at december 31 , 2017 .\nas of december 31 , 2017 , the aggregate annual maturities of long-term debt for the next five years were : ( millions ) .\n\nTable Data:\n[['2018', '$ 550'], ['2019', '397'], ['2020', '300'], ['2021', '1017'], ['2022', '497']]\n\nFollowing Text:\n.\n\nQuestion: what is the yearly interest expense related to the 3.25% ( 3.25 % ) note issued in january 2016 , in millions?",
        "solution": "13"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GIS/2019/page_104.pdf\n\nID: GIS/2019/page_104.pdf-1\n\nPrevious Text:\nas of may 26 , 2019 , we expect to pay approximately $ 2.0 million of unrecognized tax benefit liabilities and accrued interest within the next 12 months .\nwe are not able to reasonably estimate the timing of future cash flows beyond 12 months due to uncertainties in the timing of tax audit outcomes .\nthe remaining amount of our unrecognized tax liability was classified in other liabilities .\nwe report accrued interest and penalties related to unrecognized tax benefit liabilities in income tax expense .\nfor fiscal 2019 , we recognized $ 0.5 million of tax-related net interest and penalties , and had $ 26.0 million of accrued interest and penalties as of may 26 , 2019 .\nfor fiscal 2018 , we recognized a net benefit of $ 3.1 million of tax-related net interest and penalties , and had $ 27.3 million of accrued interest and penalties as of may 27 , 2018 .\nnote 15 .\nleases , other commitments , and contingencies our leases are generally for warehouse space and equipment .\nrent expense under all operating leases from continuing operations was $ 184.9 million in fiscal 2019 , $ 189.4 million in fiscal 2018 , and $ 188.1 million in fiscal 2017 .\nsome operating leases require payment of property taxes , insurance , and maintenance costs in addition to the rent payments .\ncontingent and escalation rent in excess of minimum rent payments and sublease income netted in rent expense were insignificant .\nnoncancelable future lease commitments are : in millions operating leases capital leases .\n\nTable Data:\n[['in millions', 'operating leases', 'capital leases'], ['fiscal 2020', '$ 120.0', '$ 0.2'], ['fiscal 2021', '101.7', '0.1'], ['fiscal 2022', '85.0', '-'], ['fiscal 2023', '63.8', '-'], ['fiscal 2024', '49.1', '-'], ['after fiscal 2024', '63.0', '-'], ['total noncancelable future lease commitments', '$ 482.6', '$ 0.3'], ['less : interest', '', '-'], ['present value of obligations under capitalleases', '', '$ 0.3']]\n\nFollowing Text:\ndepreciation on capital leases is recorded as depreciation expense in our results of operations .\nas of may 26 , 2019 , we have issued guarantees and comfort letters of $ 681.6 million for the debt and other obligations of consolidated subsidiaries , and guarantees and comfort letters of $ 133.9 million for the debt and other obligations of non-consolidated affiliates , mainly cpw .\nin addition , off-balance sheet arrangements are generally limited to the future payments under non-cancelable operating leases , which totaled $ 482.6 million as of may 26 , 2019 .\nnote 16 .\nbusiness segment and geographic information we operate in the packaged foods industry .\nour operating segments are as follows : north america retail ; convenience stores & foodservice ; europe & australia ; asia & latin america ; and pet .\nour north america retail operating segment reflects business with a wide variety of grocery stores , mass merchandisers , membership stores , natural food chains , drug , dollar and discount chains , and e-commerce grocery providers .\nour product categories in this business segment are ready-to-eat cereals , refrigerated yogurt , soup , meal kits , refrigerated and frozen dough products , dessert and baking mixes , frozen pizza and pizza snacks , grain , fruit and savory snacks , and a wide variety of organic products including refrigerated yogurt , nutrition bars , meal kits , salty snacks , ready-to-eat cereal , and grain snacks. .\n\nQuestion: what is the total rent expense for all operating leases from continuing operations from 2017 to 2019?",
        "solution": "562.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2013/page_71.pdf\n\nID: INTC/2013/page_71.pdf-3\n\nPrevious Text:\nthe fair value of our grants receivable is determined using a discounted cash flow model , which discounts future cash flows using an appropriate yield curve .\nas of december 28 , 2013 , and december 29 , 2012 , the carrying amount of our grants receivable was classified within other current assets and other long-term assets , as applicable .\nour long-term debt recognized at amortized cost is comprised of our senior notes and our convertible debentures .\nthe fair value of our senior notes is determined using active market prices , and it is therefore classified as level 1 .\nthe fair value of our convertible long-term debt is determined using discounted cash flow models with observable market inputs , and it takes into consideration variables such as interest rate changes , comparable securities , subordination discount , and credit-rating changes , and it is therefore classified as level 2 .\nthe nvidia corporation ( nvidia ) cross-license agreement liability in the preceding table was incurred as a result of entering into a long-term patent cross-license agreement with nvidia in january 2011 .\nwe agreed to make payments to nvidia over six years .\nas of december 28 , 2013 , and december 29 , 2012 , the carrying amount of the liability arising from the agreement was classified within other accrued liabilities and other long-term liabilities , as applicable .\nthe fair value is determined using a discounted cash flow model , which discounts future cash flows using our incremental borrowing rates .\nnote 5 : cash and investments cash and investments at the end of each period were as follows : ( in millions ) dec 28 , dec 29 .\n\nTable Data:\n[['( in millions )', 'dec 282013', 'dec 292012'], ['available-for-sale investments', '$ 18086', '$ 14001'], ['cash', '854', '593'], ['equity method investments', '1038', '992'], ['loans receivable', '1072', '979'], ['non-marketable cost method investments', '1270', '1202'], ['reverse repurchase agreements', '800', '2850'], ['trading assets', '8441', '5685'], ['total cash and investments', '$ 31561', '$ 26302']]\n\nFollowing Text:\nin the third quarter of 2013 , we sold our shares in clearwire corporation , which had been accounted for as available-for-sale marketable equity securities , and our interest in clearwire communications , llc ( clearwire llc ) , which had been accounted for as an equity method investment .\nin total , we received proceeds of $ 470 million on these transactions and recognized a gain of $ 439 million , which is included in gains ( losses ) on equity investments , net on the consolidated statements of income .\nproceeds received and gains recognized for each investment are included in the \"available-for-sale investments\" and \"equity method investments\" sections that follow .\ntable of contents intel corporation notes to consolidated financial statements ( continued ) .\n\nQuestion: what percentage of total cash and investments as of dec . 28 2013 was comprised of available-for-sale investments?",
        "solution": "57%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_444.pdf\n\nID: ETR/2016/page_444.pdf-4\n\nPrevious Text:\nsystem energy resources , inc .\nmanagement 2019s financial discussion and analysis also in addition to the contractual obligations , system energy has $ 382.3 million of unrecognized tax benefits and interest net of unused tax attributes and payments for which the timing of payments beyond 12 months cannot be reasonably estimated due to uncertainties in the timing of effective settlement of tax positions .\nsee note 3 to the financial statements for additional information regarding unrecognized tax benefits .\nin addition to routine spending to maintain operations , the planned capital investment estimate includes specific investments and initiatives such as the nuclear fleet operational excellence initiative , as discussed below in 201cnuclear matters , 201d and plant improvements .\nas a wholly-owned subsidiary , system energy dividends its earnings to entergy corporation at a percentage determined monthly .\nsources of capital system energy 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt issuances ; and 2022 bank financing under new or existing facilities .\nsystem energy may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable .\nall debt and common stock issuances by system energy require prior regulatory approval .\ndebt issuances are also subject to issuance tests set forth in its bond indentures and other agreements .\nsystem energy has sufficient capacity under these tests to meet its foreseeable capital needs .\nsystem energy 2019s receivables from the money pool were as follows as of december 31 for each of the following years. .\n\nTable Data:\n[['2016', '2015', '2014', '2013'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 33809', '$ 39926', '$ 2373', '$ 9223']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nthe system energy nuclear fuel company variable interest entity has a credit facility in the amount of $ 120 million scheduled to expire in may 2019 .\nas of december 31 , 2016 , $ 66.9 million in letters of credit were outstanding under the credit facility to support a like amount of commercial paper issued by the system energy nuclear fuel company variable interest entity .\nsee note 4 to the financial statements for additional discussion of the variable interest entity credit facility .\nsystem energy obtained authorizations from the ferc through october 2017 for the following : 2022 short-term borrowings not to exceed an aggregate amount of $ 200 million at any time outstanding ; 2022 long-term borrowings and security issuances ; and 2022 long-term borrowings by its nuclear fuel company variable interest entity .\nsee note 4 to the financial statements for further discussion of system energy 2019s short-term borrowing limits. .\n\nQuestion: as of december 31 , 2016 , what is the remaining capacity ( in millions ) for the credit facility scheduled to expire in may 2019?",
        "solution": "53.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IQV/2016/page_65.pdf\n\nID: IQV/2016/page_65.pdf-3\n\nPrevious Text:\n2015 compared to 2014 when compared to 2014 , costs of revenue in 2015 increased $ 41 million .\nthis increase included a constant currency increase in expenses of approximately $ 238 million , or 8.9% ( 8.9 % ) , partially offset by a positive impact of approximately $ 197 million from the effects of foreign currency fluctuations .\nthe constant currency growth was comprised of a $ 71 million increase in commercial solutions , which included the impact from the encore acquisition which closed in july 2014 , a $ 146 million increase in research & development solutions , which included the incremental impact from the businesses that quest contributed to q2 solutions , and a $ 21 million increase in integrated engagement services .\nthe decrease in costs of revenue as a percent of revenues for 2015 was primarily as a result of an improvement in constant currency profit margin in the commercial solutions , research & development solutions and integrated engagement services segments ( as more fully described in the segment discussion later in this section ) .\nfor 2015 , this constant currency profit margin expansion was partially offset by the effect from a higher proportion of consolidated revenues being contributed by our lower margin integrated engagement services segment when compared to 2014 as well as a negative impact from foreign currency fluctuations .\nselling , general and administrative expenses , exclusive of depreciation and amortization .\n\nTable Data:\n[['( dollars in millions )', 'year ended december 31 , 2016', 'year ended december 31 , 2015', 'year ended december 31 , 2014'], ['selling general and administrative expenses', '$ 1011', '$ 815', '$ 781'], ['% (  % ) of revenues', '18.8% ( 18.8 % )', '18.8% ( 18.8 % )', '18.8% ( 18.8 % )']]\n\nFollowing Text:\n2016 compared to 2015 the $ 196 million increase in selling , general and administrative expenses in 2016 included a constant currency increase of $ 215 million , or 26.4% ( 26.4 % ) , partially offset by a positive impact of approximately $ 19 million from the effects of foreign currency fluctuations .\nthe constant currency growth was comprised of a $ 151 million increase in commercial solutions , which includes $ 158 million from the merger with ims health , partially offset by a decline in the legacy service offerings , a $ 32 million increase in research & development solutions , which includes the incremental impact from the businesses that quest contributed to q2 solutions , a $ 3 million increase in integrated engagement services , and a $ 29 million increase in general corporate and unallocated expenses , which includes $ 37 million from the merger with ims health .\nthe constant currency increase in general corporate and unallocated expenses in 2016 was primarily due to higher stock-based compensation expense .\n2015 compared to 2014 the $ 34 million increase in selling , general and administrative expenses in 2015 included a constant currency increase of $ 74 million , or 9.5% ( 9.5 % ) , partially offset by a positive impact of approximately $ 42 million from the effects of foreign currency fluctuations .\nthe constant currency growth was comprised of a $ 14 million increase in commercial solutions , which included the impact from the encore acquisition which closed in july 2014 , a $ 40 million increase in research & development solutions , which included the incremental impact from the businesses that quest contributed to q2 solutions , a $ 4 million increase in integrated engagement services , and a $ 14 million increase in general corporate and unallocated expenses .\nthe constant currency increase in general corporate and unallocated expenses in 2015 was primarily due to higher stock-based compensation expense and costs associated with the q2 solutions transaction. .\n\nQuestion: what was the percentage change in the selling , general and administrative expenses in 2015 from 2014",
        "solution": "4.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GIS/2018/page_39.pdf\n\nID: GIS/2018/page_39.pdf-1\n\nPrevious Text:\ncash flows from operations .\n\nTable Data:\n[['in millions', 'fiscal year 2018', 'fiscal year 2017', 'fiscal year 2016'], ['net earnings including earnings attributable to redeemable and noncontrollinginterests', '$ 2163.0', '$ 1701.1', '$ 1736.8'], ['depreciation and amortization', '618.8', '603.6', '608.1'], ['after-taxearnings from joint ventures', '-84.7 ( 84.7 )', '-85.0 ( 85.0 )', '-88.4 ( 88.4 )'], ['distributions of earnings from joint ventures', '113.2', '75.6', '75.1'], ['stock-based compensation', '77.0', '95.7', '89.8'], ['deferred income taxes', '-504.3 ( 504.3 )', '183.9', '120.6'], ['pension and other postretirement benefit plan contributions', '-31.8 ( 31.8 )', '-45.4 ( 45.4 )', '-47.8 ( 47.8 )'], ['pension and other postretirement benefit plan costs', '4.6', '35.7', '118.1'], ['divestitures loss ( gain )', '-', '13.5', '-148.2 ( 148.2 )'], ['restructuring impairment and other exit costs', '126.0', '117.0', '107.2'], ['changes in current assets and liabilities excluding the effects of acquisitions anddivestitures', '542.1', '-194.2 ( 194.2 )', '298.5'], ['other net', '-182.9 ( 182.9 )', '-86.3 ( 86.3 )', '-105.6 ( 105.6 )'], ['net cash provided by operating activities', '$ 2841.0', '$ 2415.2', '$ 2764.2']]\n\nFollowing Text:\nin fiscal 2018 , cash provided by operations was $ 2.8 billion compared to $ 2.4 billion in fiscal 2017 .\nthe $ 426 million increase was primarily driven by the $ 462 million increase in net earnings and the $ 736 million change in current assets and liabilities , partially offset by a $ 688 million change in deferred income taxes .\nthe change in deferred income taxes was primarily related to the $ 638 million provisional benefit from revaluing our net u.s .\ndeferred tax liabilities to reflect the new u.s .\ncorporate tax rate as a result of the tcja .\nthe $ 736 million change in current assets and liabilities was primarily due to changes in accounts payable of $ 476 million related to the extension of payment terms and timing of payments , and $ 264 million of changes in other current liabilities primarily driven by changes in income taxes payable , trade and advertising accruals , and incentive accruals .\nwe strive to grow core working capital at or below the rate of growth in our net sales .\nfor fiscal 2018 , core working capital decreased 27 percent , compared to a net sales increase of 1 percent .\nin fiscal 2017 , core working capital increased 9 percent , compared to a net sales decline of 6 percent , and in fiscal 2016 , core working capital decreased 41 percent , compared to net sales decline of 6 percent .\nin fiscal 2017 , our operations generated $ 2.4 billion of cash , compared to $ 2.8 billion in fiscal 2016 .\nthe $ 349 million decrease was primarily driven by a $ 493 million change in current assets and liabilities .\nthe $ 493 million change in current assets and liabilities was primarily due to changes in other current liabilities driven by changes in income taxes payable , a decrease in incentive accruals , and changes in trade and advertising accruals due to reduced spending .\nthe change in current assets and liabilities was also impacted by the timing of accounts payable .\nadditionally , we recorded a $ 14 million loss on a divestiture during fiscal 2017 , compared to a $ 148 million net gain on divestitures during fiscal 2016 , and classified the related cash flows as investing activities. .\n\nQuestion: what was percentage change in net earnings including earnings attributable to redeemable and non controlling interests from 2017 to 2018",
        "solution": "27.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JKHY/2016/page_61.pdf\n\nID: JKHY/2016/page_61.pdf-1\n\nPrevious Text:\n58 2016 annual report note 12 .\nbusiness acquisition bayside business solutions , inc .\neffective 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 .\nthis acquisition was funded using existing operating cash .\nthe acquisition of bayside business solutions expanded the company 2019s presence in commercial lending within the industry .\nmanagement has completed a purchase price allocation of bayside business solutions and its assessment of the fair value of acquired assets and liabilities assumed .\nthe recognized amounts of identifiable assets acquired and liabilities assumed , based upon their fair values as of july 1 , 2015 are set forth below: .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe 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 .\ngoodwill from this acquisition has been allocated to our banking systems and services segment .\nthe goodwill is not expected to be deductible for income tax purposes .\nidentifiable intangible assets from this acquisition consist of customer relationships of $ 3402 , $ 659 of computer software and other intangible assets of $ 944 .\nthe weighted average amortization period for acquired customer relationships , acquired computer software , and other intangible assets is 15 years , 5 years , and 20 years , respectively .\ncurrent assets were inclusive of cash acquired of $ 1725 .\nthe fair value of current assets acquired included accounts receivable of $ 178 .\nthe gross amount of receivables was $ 178 , none of which was expected to be uncollectible .\nduring fiscal year 2016 , the company incurred $ 55 in costs related to the acquisition of bayside business solutions .\nthese costs included fees for legal , valuation and other fees .\nthese costs were included within general and administrative expenses .\nthe 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 .\nthe 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 .\nthe 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 .\nbanno , 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 .\nthis acquisition was funded using existing operating cash .\nthe acquisition of banno expanded the company 2019s presence in online and mobile technologies within the industry .\nduring fiscal year 2014 , the company incurred $ 30 in costs related to the acquisition of banno .\nthese costs included fees for legal , valuation and other fees .\nthese costs were included within general and administrative expenses .\nthe 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 .\nfor 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 .\nthe 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 .\nthe 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 .\nthe 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. .\n\nQuestion: what percentage of the company's net assets are considered long-term assets?",
        "solution": "2.53%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2008/page_95.pdf\n\nID: GPN/2008/page_95.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) note 12 2014related party transactions in the course of settling money transfer transactions , we purchase foreign currency from consultoria internacional casa de cambio ( 201ccisa 201d ) , a mexican company partially owned by certain of our employees .\nas of march 31 , 2008 , mr .\nra fal lim f3n cortes , a 10% ( 10 % ) shareholder of cisa , was no longer an employee , and we no longer considered cisa a related party .\nwe purchased 6.1 billion mexican pesos for $ 560.3 million during the ten months ended march 31 , 2008 and 8.1 billion mexican pesos for $ 736.0 million during fiscal 2007 from cisa .\nwe believe these currency transactions were executed at prevailing market exchange rates .\nalso from time to time , money transfer transactions are settled at destination facilities owned by cisa .\nwe incurred related settlement expenses , included in cost of service in the accompanying consolidated statements of income of $ 0.5 million in the ten months ended march 31 , 2008 .\nin fiscal 2007 and 2006 , we incurred related settlement expenses , included in cost of service in the accompanying consolidated statements of income of $ 0.7 and $ 0.6 million , respectively .\nin the normal course of business , we periodically utilize the services of contractors to provide software development services .\none of our employees , hired in april 2005 , is also an employee , officer , and part owner of a firm that provides such services .\nthe services provided by this firm primarily relate to software development in connection with our planned next generation front-end processing system in the united states .\nduring fiscal 2008 , we capitalized fees paid to this firm of $ 0.3 million .\nas of may 31 , 2008 and 2007 , capitalized amounts paid to this firm of $ 4.9 million and $ 4.6 million , respectively , were included in property and equipment in the accompanying consolidated balance sheets .\nin addition , we expensed amounts paid to this firm of $ 0.3 million , $ 0.1 million and $ 0.5 million in the years ended may 31 , 2008 , 2007 and 2006 , respectively .\nnote 13 2014commitments and contingencies leases we conduct a major part of our operations using leased facilities and equipment .\nmany of these leases have renewal and purchase options and provide that we pay the cost of property taxes , insurance and maintenance .\nrent expense on all operating leases for fiscal 2008 , 2007 and 2006 was $ 30.4 million , $ 27.1 million , and $ 24.4 million , respectively .\nfuture minimum lease payments for all noncancelable leases at may 31 , 2008 were as follows : operating leases .\n\nTable Data:\n[['', 'operating leases'], ['2009', '$ 22883'], ['2010', '16359'], ['2011', '11746'], ['2012', '5277'], ['2013', '3365'], ['thereafter', '7816'], ['total future minimum lease payments', '$ 67446']]\n\nFollowing Text:\nwe are party to a number of other claims and lawsuits incidental to our business .\nin the opinion of management , the reasonably possible outcome of such matters , individually or in the aggregate , will not have a material adverse impact on our financial position , liquidity or results of operations. .\n\nQuestion: what is the exchange rate pesos to dollar in 2007?",
        "solution": "11.01"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2012/page_38.pdf\n\nID: AAPL/2012/page_38.pdf-3\n\nPrevious Text:\n35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s .\ntaxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s .\nas of september 29 , 2012 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 4.0 billion , and deferred tax liabilities of $ 14.9 billion .\nmanagement believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets .\nthe company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance .\nthe internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments .\nthe company has contested certain of these adjustments through the irs appeals office .\nthe irs is currently examining the years 2007 through 2009 .\nall irs audit issues for years prior to 2004 have been resolved .\nin addition , the company is subject to audits by state , local , and foreign tax authorities .\nmanagement believes that adequate provisions have been made for any adjustments that may result from tax examinations .\nhowever , the outcome of tax audits cannot be predicted with certainty .\nif any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs .\nliquidity and capital resources the following table presents selected financial information and statistics as of and for the years ended september 29 , 2012 , september 24 , 2011 , and september 25 , 2010 ( in millions ) : .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['cash cash equivalents and marketable securities', '$ 121251', '$ 81570', '$ 51011'], ['accounts receivable net', '$ 10930', '$ 5369', '$ 5510'], ['inventories', '$ 791', '$ 776', '$ 1051'], ['working capital', '$ 19111', '$ 17018', '$ 20956'], ['annual operating cash flow', '$ 50856', '$ 37529', '$ 18595']]\n\nFollowing Text:\nas of september 29 , 2012 , the company had $ 121.3 billion in cash , cash equivalents and marketable securities , an increase of $ 39.7 billion or 49% ( 49 % ) from september 24 , 2011 .\nthe principal components of this net increase was the cash generated by operating activities of $ 50.9 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 8.3 billion , payments for acquisition of intangible assets of $ 1.1 billion and payments of dividends and dividend equivalent rights of $ 2.5 billion .\nthe company 2019s marketable securities investment portfolio is invested primarily in highly-rated securities and its investment policy generally limits the amount of credit exposure to any one issuer .\nthe policy requires investments generally to be investment grade with the objective of minimizing the potential risk of principal loss .\nas of september 29 , 2012 and september 24 , 2011 , $ 82.6 billion and $ 54.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s .\ndollar-denominated holdings .\namounts held by foreign subsidiaries are generally subject to u.s .\nincome taxation on repatriation to the u.s .\nthe company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments , common stock repurchases , dividends on its common stock , and other liquidity requirements associated with its existing operations over the next 12 months .\ncapital assets the company 2019s capital expenditures were $ 10.3 billion during 2012 , consisting of $ 865 million for retail store facilities and $ 9.5 billion for other capital expenditures , including product tooling and manufacturing process .\n\nQuestion: what was the percentage change in the annual operating cash flow between 2011 and 2012?",
        "solution": "36%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_83.pdf\n\nID: GS/2012/page_83.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis liquidity risk management liquidity is of critical importance to financial institutions .\nmost of the recent failures of financial institutions have occurred in large part due to insufficient liquidity .\naccordingly , 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 .\nour 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 .\nwe manage liquidity risk according to the following principles : excess liquidity .\nwe maintain substantial excess liquidity to meet a broad range of potential cash outflows and collateral needs in a stressed environment .\nasset-liability management .\nwe assess anticipated holding periods for our assets and their expected liquidity in a stressed environment .\nwe 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 .\ncontingency funding plan .\nwe maintain a contingency funding plan to provide a framework for analyzing and responding to a liquidity crisis situation or periods of market stress .\nthis framework sets forth the plan of action to fund normal business activity in emergency and stress situations .\nthese principles are discussed in more detail below .\nexcess 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 .\nwe 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 .\nas 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 .\nbased 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 .\nthe table below presents the fair value of the securities and certain overnight cash deposits that are included in our gce .\naverage for the year ended december in millions 2012 2011 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe u.s .\ndollar-denominated excess is composed of ( i ) unencumbered u.s .\ngovernment and federal agency obligations ( including highly liquid u.s .\nfederal agency mortgage-backed obligations ) , all of which are eligible as collateral in federal reserve open market operations and ( ii ) certain overnight u.s .\ndollar cash deposits .\nthe non-u.s .\ndollar-denominated excess is composed of only unencumbered german , french , japanese and united kingdom government obligations and certain overnight cash deposits in highly liquid currencies .\nwe 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 .\nwe do not include other potential sources of excess liquidity , such as less liquid unencumbered securities or committed credit facilities , in our gce .\ngoldman sachs 2012 annual report 81 .\n\nQuestion: 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?",
        "solution": "3.04"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DG/2008/page_73.pdf\n\nID: DG/2008/page_73.pdf-2\n\nPrevious Text:\nthe contractual maturities of held-to-maturity securities as of january 30 , 2009 were in excess of three years and were $ 31.4 million at cost and $ 28.9 million at fair value , respectively .\nfor the successor year ended january 30 , 2009 and period ended february 1 , 2008 , and the predecessor period ended july 6 , 2007 and year ended february 2 , 2007 , gross realized gains and losses on the sales of available-for-sale securities were not material .\nthe cost of securities sold is based upon the specific identification method .\nmerchandise inventories inventories are stated at the lower of cost or market with cost determined using the retail last-in , first-out ( 201clifo 201d ) method .\nunder the company 2019s retail inventory method ( 201crim 201d ) , the calculation of gross profit and the resulting valuation of inventories at cost are computed by applying a calculated cost-to-retail inventory ratio to the retail value of sales at a department level .\ncosts directly associated with warehousing and distribution are capitalized into inventory .\nthe excess of current cost over lifo cost was approximately $ 50.0 million at january 30 , 2009 and $ 6.1 million at february 1 , 2008 .\ncurrent cost is determined using the retail first-in , first-out method .\nthe company 2019s lifo reserves were adjusted to zero at july 6 , 2007 as a result of the merger .\nthe successor recorded lifo provisions of $ 43.9 million and $ 6.1 million during 2008 and 2007 , respectively .\nthe predecessor recorded a lifo credit of $ 1.5 million in 2006 .\nin 2008 , the increased commodity cost pressures mainly related to food and pet products which have been driven by fruit and vegetable prices and rising freight costs .\nincreases in petroleum , resin , metals , pulp and other raw material commodity driven costs also resulted in multiple product cost increases .\nthe company intends to address these commodity cost increases through negotiations with its vendors and by increasing retail prices as necessary .\non a quarterly basis , the company estimates the annual impact of commodity cost fluctuations based upon the best available information at that point in time .\nstore pre-opening costs pre-opening costs related to new store openings and the construction periods are expensed as incurred .\nproperty and equipment property and equipment are recorded at cost .\nthe company provides for depreciation and amortization on a straight-line basis over the following estimated useful lives: .\n\nTable Data:\n[['land improvements', '20'], ['buildings', '39-40'], ['furniture fixtures and equipment', '3-10']]\n\nFollowing Text:\nimprovements of leased properties are amortized over the shorter of the life of the applicable lease term or the estimated useful life of the asset. .\n\nQuestion: what the difference of the held-to-maturity securities at cost and at fair value as of january 30 , 2009 , in millions?",
        "solution": "2.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2011/page_61.pdf\n\nID: AON/2011/page_61.pdf-4\n\nPrevious Text:\n2022 net derivative losses of $ 13 million .\nreview by segment general we serve clients through the following segments : 2022 risk solutions acts as an advisor and insurance and reinsurance broker , helping clients manage their risks , via consultation , as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network .\n2022 hr solutions partners with organizations to solve their most complex benefits , talent and related financial challenges , and improve business performance by designing , implementing , communicating and administering a wide range of human capital , retirement , investment management , health care , compensation and talent management strategies .\nrisk solutions .\n\nTable Data:\n[['years ended december 31,', '2011', '2010', '2009'], ['revenue', '$ 6817', '$ 6423', '$ 6305'], ['operating income', '1314', '1194', '900'], ['operating margin', '19.3% ( 19.3 % )', '18.6% ( 18.6 % )', '14.3% ( 14.3 % )']]\n\nFollowing Text:\nthe demand for property and casualty insurance generally rises as the overall level of economic activity increases and generally falls as such activity decreases , affecting both the commissions and fees generated by our brokerage business .\nthe economic activity that impacts property and casualty insurance is described as exposure units , and is closely correlated with employment levels , corporate revenue and asset values .\nduring 2011 we began to see some improvement in pricing ; however , we would still consider this to be a 2018 2018soft market , 2019 2019 which began in 2007 .\nin a soft market , premium rates flatten or decrease , along with commission revenues , due to increased competition for market share among insurance carriers or increased underwriting capacity .\nchanges in premiums have a direct and potentially material impact on the insurance brokerage industry , as commission revenues are generally based on a percentage of the premiums paid by insureds .\nin 2011 , pricing showed signs of stabilization and improvement in both our retail and reinsurance brokerage product lines and we expect this trend to slowly continue into 2012 .\nadditionally , beginning in late 2008 and continuing through 2011 , we faced difficult conditions as a result of unprecedented disruptions in the global economy , the repricing of credit risk and the deterioration of the financial markets .\nweak global economic conditions have reduced our customers 2019 demand for our brokerage products , which have had a negative impact on our operational results .\nrisk solutions generated approximately 60% ( 60 % ) of our consolidated total revenues in 2011 .\nrevenues are generated primarily through fees paid by clients , commissions and fees paid by insurance and reinsurance companies , and investment income on funds held on behalf of clients .\nour revenues vary from quarter to quarter throughout the year as a result of the timing of our clients 2019 policy renewals , the net effect of new and lost business , the timing of services provided to our clients , and the income we earn on investments , which is heavily influenced by short-term interest rates .\nwe operate in a highly competitive industry and compete with many retail insurance brokerage and agency firms , as well as with individual brokers , agents , and direct writers of insurance coverage .\nspecifically , we address the highly specialized product development and risk management needs of commercial enterprises , professional groups , insurance companies , governments , health care providers , and non-profit groups , among others ; provide affinity products for professional liability , life , disability .\n\nQuestion: what is the average operating margin?",
        "solution": "17.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2018/page_96.pdf\n\nID: MRO/2018/page_96.pdf-4\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements expected long-term return on plan assets 2013 the expected long-term return on plan assets assumption for our u.s .\nfunded plan is determined based on an asset rate-of-return modeling tool developed by a third-party investment group which utilizes underlying assumptions based on actual returns by asset category and inflation and takes into account our u.s .\npension plan 2019s asset allocation .\nto determine the expected long-term return on plan assets assumption for our international plans , we consider the current level of expected returns on risk-free investments ( primarily government bonds ) , the historical levels of the risk premiums associated with the other applicable asset categories and the expectations for future returns of each asset class .\nthe expected return for each asset category is then weighted based on the actual asset allocation to develop the overall expected long-term return on plan assets assumption .\nassumed weighted average health care cost trend rates .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['initial health care trend rate', 'n/a', '8.00% ( 8.00 % )', '8.25% ( 8.25 % )'], ['ultimate trend rate', 'n/a', '4.70% ( 4.70 % )', '4.50% ( 4.50 % )'], ['year ultimate trend rate is reached', 'n/a', '2025', '2025']]\n\nFollowing Text:\nn/a all retiree medical subsidies are frozen as of january 1 , 2019 .\nemployer provided subsidies for post-65 retiree health care coverage were frozen effective january 1 , 2017 at january 1 , 2016 established amount levels .\ncompany contributions are funded to a health reimbursement account on the retiree 2019s behalf to subsidize the retiree 2019s cost of obtaining health care benefits through a private exchange ( the 201cpost-65 retiree health benefits 201d ) .\ntherefore , a 1% ( 1 % ) change in health care cost trend rates would not have a material impact on either the service and interest cost components and the postretirement benefit obligations .\nin the fourth quarter of 2018 , we terminated the post-65 retiree health benefits effective as of december 31 , 2020 .\nthe post-65 retiree health benefits will no longer be provided after that date .\nin addition , the pre-65 retiree medical coverage subsidy has been frozen as of january 1 , 2019 , and the ability for retirees to opt in and out of this coverage , as well as pre-65 retiree dental and vision coverage , has also been eliminated .\nretirees must enroll in connection with retirement for such coverage , or they lose eligibility .\nthese plan changes reduced our retiree medical benefit obligation by approximately $ 99 million .\nplan investment policies and strategies 2013 the investment policies for our u.s .\nand international pension plan assets reflect the funded status of the plans and expectations regarding our future ability to make further contributions .\nlong-term investment goals are to : ( 1 ) manage the assets in accordance with applicable legal requirements ; ( 2 ) produce investment returns which meet or exceed the rates of return achievable in the capital markets while maintaining the risk parameters set by the plan's investment committees and protecting the assets from any erosion of purchasing power ; and ( 3 ) position the portfolios with a long-term risk/ return orientation .\ninvestment performance and risk is measured and monitored on an ongoing basis through quarterly investment meetings and periodic asset and liability studies .\nu.s .\nplan 2013 the plan 2019s current targeted asset allocation is comprised of 55% ( 55 % ) equity securities and 45% ( 45 % ) other fixed income securities .\nover time , as the plan 2019s funded ratio ( as defined by the investment policy ) improves , in order to reduce volatility in returns and to better match the plan 2019s liabilities , the allocation to equity securities will decrease while the amount allocated to fixed income securities will increase .\nthe plan's assets are managed by a third-party investment manager .\ninternational plan 2013 our international plan's target asset allocation is comprised of 55% ( 55 % ) equity securities and 45% ( 45 % ) fixed income securities .\nthe plan assets are invested in ten separate portfolios , mainly pooled fund vehicles , managed by several professional investment managers whose performance is measured independently by a third-party asset servicing consulting fair value measurements 2013 plan assets are measured at fair value .\nthe following provides a description of the valuation techniques employed for each major plan asset class at december 31 , 2018 and 2017 .\ncash and cash equivalents 2013 cash and cash equivalents are valued using a market approach and are considered level 1 .\nequity securities 2013 investments in common stock are valued using a market approach at the closing price reported in an active market and are therefore considered level 1 .\nprivate equity investments include interests in limited partnerships which are valued based on the sum of the estimated fair values of the investments held by each partnership , determined using a combination of market , income and cost approaches , plus working capital , adjusted for liabilities , currency translation and estimated performance incentives .\nthese private equity investments are considered level 3 .\ninvestments in pooled funds are valued using a market approach , these various funds consist of equity with underlying investments held in u.s .\nand non-u.s .\nsecurities .\nthe pooled funds are benchmarked against a relative public index and are considered level 2. .\n\nQuestion: was initial health care trend rate higher in 2017 than 2016?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APTV/2018/page_34.pdf\n\nID: APTV/2018/page_34.pdf-1\n\nPrevious Text:\nadequacy of our provision for income taxes , we regularly assess the likelihood of adverse outcomes resulting from tax examinations .\nwhile it is often difficult to predict the final outcome or the timing of the resolution of a tax examination , our reserves for uncertain tax benefits reflect the outcome of tax positions that are more likely than not to occur .\nwhile we believe that we have complied with all applicable tax laws , there can be no assurance that a taxing authority will not have a different interpretation of the law and assess us with additional taxes .\nshould additional taxes be assessed , this may result in a material adverse effect on our results of operations and financial condition .\nitem 1b .\nunresolved staff comments we have no unresolved sec staff comments to report .\nitem 2 .\nproperties as of december 31 , 2018 , we owned or leased 126 major manufacturing sites and 15 major technical centers .\na manufacturing site may include multiple plants and may be wholly or partially owned or leased .\nwe also have many smaller manufacturing sites , sales offices , warehouses , engineering centers , joint ventures and other investments strategically located throughout the world .\nwe have a presence in 44 countries .\nthe following table shows the regional distribution of our major manufacturing sites by the operating segment that uses such facilities : north america europe , middle east & africa asia pacific south america total .\n\nTable Data:\n[['', 'north america', 'europemiddle east& africa', 'asia pacific', 'south america', 'total'], ['signal and power solutions', '45', '33', '33', '5', '116'], ['advanced safety and user experience', '2', '5', '3', '2014', '10'], ['total', '47', '38', '36', '5', '126']]\n\nFollowing Text:\nin addition to these manufacturing sites , we had 15 major technical centers : eight in north america ; two in europe , middle east and africa ; and five in asia pacific .\nof our 126 major manufacturing sites and 15 major technical centers , which include facilities owned or leased by our consolidated subsidiaries , 61 are primarily owned and 80 are primarily leased .\nwe frequently review our real estate portfolio and develop footprint strategies to support our customers 2019 global plans , while at the same time supporting our technical needs and controlling operating expenses .\nwe believe our evolving portfolio will meet current and anticipated future needs .\nitem 3 .\nlegal proceedings we are from time to time subject to various actions , claims , suits , government investigations , and other proceedings incidental to our business , including those arising out of alleged defects , breach of contracts , competition and antitrust matters , product warranties , intellectual property matters , personal injury claims and employment-related matters .\nit is our opinion that the outcome of such matters will not have a material adverse impact on our consolidated financial position , results of operations , or cash flows .\nwith respect to warranty matters , although we cannot ensure that the future costs of warranty claims by customers will not be material , we believe our established reserves are adequate to cover potential warranty settlements .\nhowever , the final amounts required to resolve these matters could differ materially from our recorded estimates .\nbrazil matters aptiv conducts business operations in brazil that are subject to the brazilian federal labor , social security , environmental , tax and customs laws , as well as a variety of state and local laws .\nwhile aptiv believes it complies with such laws , they are complex , subject to varying interpretations , and the company is often engaged in litigation with government agencies regarding the application of these laws to particular circumstances .\nas of december 31 , 2018 , the majority of claims asserted against aptiv in brazil relate to such litigation .\nthe remaining claims in brazil relate to commercial and labor litigation with private parties .\nas of december 31 , 2018 , claims totaling approximately $ 145 million ( using december 31 , 2018 foreign currency rates ) have been asserted against aptiv in brazil .\nas of december 31 , 2018 , the company maintains accruals for these asserted claims of $ 30 million ( using december 31 , 2018 foreign currency rates ) .\nthe amounts accrued represent claims that are deemed probable of loss and are reasonably estimable based on the company 2019s analyses and assessment of the asserted claims and prior experience with similar matters .\nwhile the company believes its accruals are adequate , the final amounts required to resolve these matters could differ materially from the company 2019s recorded estimates and aptiv 2019s results of .\n\nQuestion: what percentage of major manufacturing sites are based in europe middle east& africa?",
        "solution": "30%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2007/page_111.pdf\n\nID: AMT/2007/page_111.pdf-4\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) maturities 2014as of december 31 , 2007 , aggregate carrying value of long-term debt , including capital leases , for the next five years and thereafter are estimated to be ( in thousands ) : year ending december 31 .\n\nTable Data:\n[['2008', '$ 1817'], ['2009', '1241'], ['2010', '78828'], ['2011', '13714'], ['2012', '1894998'], ['thereafter', '2292895'], ['total cash obligations', '$ 4283493'], ['accreted value of the discount and premium of 3.00% ( 3.00 % ) notes and 7.125% ( 7.125 % ) notes', '1791'], ['balance as of december 31 2007', '$ 4285284']]\n\nFollowing Text:\n4 .\nacquisitions during the years ended december 31 , 2007 , 2006 and 2005 , the company used cash to acquire a total of ( i ) 293 towers and the assets of a structural analysis firm for approximately $ 44.0 million in cash ( ii ) 84 towers and 6 in-building distributed antenna systems for approximately $ 14.3 million and ( iii ) 30 towers for approximately $ 6.0 million in cash , respectively .\nthe tower asset acquisitions were primarily in mexico and brazil under ongoing agreements .\nduring the year ended december 31 , 2005 , the company also completed its merger with spectrasite , inc .\npursuant to which the company acquired approximately 7800 towers and 100 in-building distributed antenna systems .\nunder the terms of the merger agreement , in august 2005 , spectrasite , inc .\nmerged with a wholly- owned subsidiary of the company , and each share of spectrasite , inc .\ncommon stock converted into the right to receive 3.575 shares of the company 2019s class a common stock .\nthe company issued approximately 169.5 million shares of its class a common stock and reserved for issuance approximately 9.9 million and 6.8 million of class a common stock pursuant to spectrasite , inc .\noptions and warrants , respectively , assumed in the merger .\nthe final allocation of the $ 3.1 billion purchase price is summarized in the company 2019s annual report on form 10-k for the year ended december 31 , 2006 .\nthe acquisitions consummated by the company during 2007 , 2006 and 2005 , have been accounted for under the purchase method of accounting in accordance with sfas no .\n141 201cbusiness combinations 201d ( sfas no .\n141 ) .\nthe purchase prices have been allocated to the net assets acquired and the liabilities assumed based on their estimated fair values at the date of acquisition .\nthe company primarily acquired its tower assets from third parties in one of two types of transactions : the purchase of a business or the purchase of assets .\nthe structure of each transaction affects the way the company allocates purchase price within the consolidated financial statements .\nin the case of tower assets acquired through the purchase of a business , such as the company 2019s merger with spectrasite , inc. , the company allocates the purchase price to the assets acquired and liabilities assumed at their estimated fair values as of the date of acquisition .\nthe excess of the purchase price paid by the company over the estimated fair value of net assets acquired has been recorded as goodwill .\nin the case of an asset purchase , the company first allocates the purchase price to property and equipment for the appraised value of the towers and to identifiable intangible assets ( primarily acquired customer base ) .\nthe company then records any remaining purchase price within intangible assets as a 201cnetwork location intangible . 201d .\n\nQuestion: what is the total expected payments related to long-term debt , including capital leases in the next 24 months , in thousands?",
        "solution": "3058"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2012/page_47.pdf\n\nID: PPG/2012/page_47.pdf-4\n\nPrevious Text:\n2012 ppg annual report and form 10-k 45 costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nin august 2010 , ppg entered into a three-year credit agreement with several banks and financial institutions ( the \"2010 credit agreement\" ) which was subsequently terminated in july 2012 .\nthe 2010 credit agreement provided for a $ 1.2 billion unsecured revolving credit facility .\nin connection with entering into the 2010 credit agreement , the company terminated its 20ac650 million and its $ 1 billion revolving credit facilities that were each set to expire in 2011 .\nthere were no outstanding amounts due under either revolving facility at the times of their termination .\nthe 2010 credit agreement was set to terminate on august 5 , 2013 .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 705 million of which $ 34 million was used as of december 31 , 2012 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2012 and 2011 , was as follows: .\n\nTable Data:\n[['( millions )', '2012', '2011'], ['other weighted average 2.27% ( 2.27 % ) as of dec . 31 2012 and 3.72% ( 3.72 % ) as of december 31 2011', '$ 39', '$ 33'], ['total', '$ 39', '$ 33']]\n\nFollowing Text:\nppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2012 , total indebtedness was 42% ( 42 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2012 , 2011 and 2010 totaled $ 219 million , $ 212 million and $ 189 million , respectively .\nin october 2009 , the company entered into an agreement with a counterparty to repurchase up to 1.2 million shares of the company 2019s stock of which 1.1 million shares were purchased in the open market ( 465006 of these shares were purchased as of december 31 , 2009 at a weighted average price of $ 56.66 per share ) .\nthe counterparty held the shares until september of 2010 when the company paid $ 65 million and took possession of these shares .\nrental expense for operating leases was $ 233 million , $ 249 million and $ 233 million in 2012 , 2011 and 2010 , respectively .\nthe primary leased assets include paint stores , transportation equipment , warehouses and other distribution facilities , and office space , including the company 2019s corporate headquarters located in pittsburgh , pa .\nminimum lease commitments for operating leases that have initial or remaining lease terms in excess of one year as of december 31 , 2012 , are ( in millions ) $ 171 in 2013 , $ 135 in 2014 , $ 107 in 2015 , $ 83 in 2016 , $ 64 in 2017 and $ 135 thereafter .\nthe company had outstanding letters of credit and surety bonds of $ 119 million as of december 31 , 2012 .\nthe letters of credit secure the company 2019s performance to third parties under certain self-insurance programs and other commitments made in the ordinary course of business .\nas of december 31 , 2012 and 2011 , guarantees outstanding were $ 96 million and $ 90 million , respectively .\nthe guarantees relate primarily to debt of certain entities in which ppg has an ownership interest and selected customers of certain of the company 2019s businesses .\na portion of such debt is secured by the assets of the related entities .\nthe carrying values of these guarantees were $ 11 million and $ 13 million as of december 31 , 2012 and 2011 , respectively , and the fair values were $ 11 million and $ 21 million , as of december 31 , 2012 and 2011 , respectively .\nthe fair value of each guarantee was estimated by comparing the net present value of two hypothetical cash flow streams , one based on ppg 2019s incremental borrowing rate and the other based on the borrower 2019s incremental borrowing rate , as of the effective date of the guarantee .\nboth streams were discounted at a risk free rate of return .\nthe company does not believe any loss related to these letters of credit , surety bonds or guarantees is likely .\n9 .\nfair value measurement the accounting guidance on fair value measurements establishes a hierarchy with three levels of inputs used to determine fair value .\nlevel 1 inputs are quoted prices ( unadjusted ) in active markets for identical assets and liabilities , are considered to be the most reliable evidence of fair value , and should be used whenever available .\nlevel 2 inputs are observable prices that are not quoted on active exchanges .\nlevel 3 inputs are unobservable inputs employed for measuring the fair value of assets or liabilities .\ntable of contents notes to the consolidated financial statements .\n\nQuestion: what was the percentage change in rental expense for operating leases from 2010 to 2011?",
        "solution": "7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_20.pdf\n\nID: ETR/2004/page_20.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries management's financial discussion and analysis 2022 the deferral in august 2004 of $ 7.5 million of fossil plant maintenance and voluntary severance program costs at entergy new orleans as a result of a stipulation approved by the city council .\n2003 compared to 2002 net revenue , which is entergy's measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .\nfollowing is an analysis of the change in net revenue comparing 2003 to 2002. .\n\nTable Data:\n[['', '( in millions )'], ['2002 net revenue', '$ 4209.6'], ['base rate increases', '66.2'], ['base rate decreases', '-23.3 ( 23.3 )'], ['deferred fuel cost revisions', '56.2'], ['asset retirement obligation', '42.9'], ['net wholesale revenue', '23.2'], ['march 2002 ark . settlement agreement', '-154.0 ( 154.0 )'], ['other', '-6.3 ( 6.3 )'], ['2003 net revenue', '$ 4214.5']]\n\nFollowing Text:\nbase rates increased net revenue due to base rate increases at entergy mississippi and entergy new orleans that became effective in january 2003 and june 2003 , respectively .\nentergy gulf states implemented base rate decreases in its louisiana jurisdiction effective june 2002 and january 2003 .\nthe january 2003 base rate decrease of $ 22.1 million had a minimal impact on net income due to a corresponding reduction in nuclear depreciation and decommissioning expenses associated with the change in accounting estimate to reflect an assumed extension of river bend's useful life .\nthe deferred fuel cost revisions variance was due to a revised unbilled sales pricing estimate made in december 2002 and further revision of that estimate in the first quarter of 2003 to more closely align the fuel component of that pricing with expected recoverable fuel costs at entergy louisiana .\nthe asset retirement obligation variance was due to the implementation of sfas 143 , \"accounting for asset retirement obligations\" adopted in january 2003 .\nsee \"critical accounting estimates 2013 nuclear decommissioning costs\" for more details on sfas 143 .\nthe increase was offset by increased depreciation and decommissioning expenses and had an insignificant effect on net income .\nthe increase in net wholesale revenue was primarily due to an increase in sales volume to municipal and cooperative customers .\nthe march 2002 settlement agreement variance reflects the absence in 2003 of the effect of recording the ice storm settlement approved by the apsc in 2002 .\nthis settlement resulted in previously deferred revenues at entergy arkansas per the transition cost account mechanism being recorded in net revenue in the second quarter of 2002 .\nthe decrease was offset by a corresponding decrease in other operation and maintenance expenses and had a minimal effect on net income .\ngross operating revenues and regulatory credits gross operating revenues include an increase in fuel cost recovery revenues of $ 682 million and $ 53 million in electric and gas sales , respectively , primarily due to higher fuel rates in 2003 resulting from increases in the market prices of purchased power and natural gas .\nas such , this revenue increase was offset by increased fuel and purchased power expenses. .\n\nQuestion: what is the net change in net revenue during 2003 for entergy corporation?",
        "solution": "4.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2010/page_81.pdf\n\nID: SLG/2010/page_81.pdf-1\n\nPrevious Text:\namounts due from related parties at december a031 , 2010 and 2009 con- sisted of the following ( in thousands ) : .\n\nTable Data:\n[['', '2010', '2009'], ['due from joint ventures', '$ 1062', '$ 228'], ['officers and employees', '2014', '153'], ['other', '5233', '8189'], ['related party receivables', '$ 6295', '$ 8570']]\n\nFollowing Text:\ngramercy capital corp .\nsee note a0 6 , 201cinvestment in unconsolidated joint ventures 2014gramercy capital corp. , 201d for disclosure on related party transactions between gramercy and the company .\n13 2002equit y common stock our authorized capital stock consists of 260000000 shares , $ .01 par value , of which we have authorized the issuance of up to 160000000 shares of common stock , $ .01 par value per share , 75000000 shares of excess stock , $ .01 par value per share , and 25000000 shares of preferred stock , $ .01 par value per share .\nas of december a031 , 2010 , 78306702 shares of common stock and no shares of excess stock were issued and outstanding .\nin may 2009 , we sold 19550000 shares of our common stock at a gross price of $ 20.75 per share .\nthe net proceeds from this offer- ing ( approximately $ 387.1 a0 million ) were primarily used to repurchase unsecured debt .\nperpetual preferred stock in january 2010 , we sold 5400000 shares of our series a0c preferred stock in an underwritten public offering .\nas a result of this offering , we have 11700000 shares of the series a0 c preferred stock outstanding .\nthe shares of series a0c preferred stock have a liquidation preference of $ 25.00 per share and are redeemable at par , plus accrued and unpaid dividends , at any time at our option .\nthe shares were priced at $ 23.53 per share including accrued dividends equating to a yield of 8.101% ( 8.101 % ) .\nwe used the net offering proceeds of approximately $ 122.0 a0million for gen- eral corporate and/or working capital purposes , including purchases of the indebtedness of our subsidiaries and investment opportunities .\nin december 2003 , we sold 6300000 shares of our 7.625% ( 7.625 % ) series a0 c preferred stock , ( including the underwriters 2019 over-allotment option of 700000 shares ) with a mandatory liquidation preference of $ 25.00 per share .\nnet proceeds from this offering ( approximately $ 152.0 a0 million ) were used principally to repay amounts outstanding under our secured and unsecured revolving credit facilities .\nthe series a0c preferred stockholders receive annual dividends of $ 1.90625 per share paid on a quarterly basis and dividends are cumulative , subject to cer- tain provisions .\nsince december a0 12 , 2008 , we have been entitled to redeem the series a0c preferred stock at par for cash at our option .\nthe series a0c preferred stock was recorded net of underwriters discount and issuance costs .\n12 2002related part y transactions cleaning/securit y/messenger and restoration services through al l iance bui lding services , or al l iance , first qual i t y maintenance , a0l.p. , or first quality , provides cleaning , extermination and related services , classic security a0llc provides security services , bright star couriers a0llc provides messenger services , and onyx restoration works provides restoration services with respect to certain proper- ties owned by us .\nalliance is partially owned by gary green , a son of stephen a0l .\ngreen , the chairman of our board of directors .\nin addition , first quality has the non-exclusive opportunity to provide cleaning and related services to individual tenants at our properties on a basis sepa- rately negotiated with any tenant seeking such additional services .\nthe service corp .\nhas entered into an arrangement with alliance whereby it will receive a profit participation above a certain threshold for services provided by alliance to certain tenants at certain buildings above the base services specified in their lease agreements .\nalliance paid the service corporation approximately $ 2.2 a0million , $ 1.8 a0million and $ 1.4 a0million for the years ended december a031 , 2010 , 2009 and 2008 , respectively .\nwe paid alliance approximately $ 14.2 a0million , $ 14.9 a0million and $ 15.1 a0million for three years ended december a031 , 2010 , respectively , for these ser- vices ( excluding services provided directly to tenants ) .\nleases nancy peck and company leases 1003 square feet of space at 420 lexington avenue under a lease that ends in august 2015 .\nnancy peck and company is owned by nancy peck , the wife of stephen a0l .\ngreen .\nthe rent due pursuant to the lease is $ 35516 per annum for year one increas- ing to $ 40000 in year seven .\nfrom february 2007 through december 2008 , nancy peck and company leased 507 square feet of space at 420 a0 lexington avenue pursuant to a lease which provided for annual rental payments of approximately $ 15210 .\nbrokerage services cushman a0 & wakefield sonnenblick-goldman , a0 llc , or sonnenblick , a nationally recognized real estate investment banking firm , provided mortgage brokerage services to us .\nmr . a0 morton holliday , the father of mr . a0 marc holliday , was a managing director of sonnenblick at the time of the financings .\nin 2009 , we paid approximately $ 428000 to sonnenblick in connection with the purchase of a sub-leasehold interest and the refinancing of 420 lexington avenue .\nmanagement fees s.l .\ngreen management corp. , a consolidated entity , receives property management fees from an entity in which stephen a0l .\ngreen owns an inter- est .\nthe aggregate amount of fees paid to s.l .\ngreen management corp .\nfrom such entity was approximately $ 390700 in 2010 , $ 351700 in 2009 and $ 353500 in 2008 .\nnotes to consolidated financial statements .\n\nQuestion: what was the total paid to alliance from 2008-2010 , in millions?",
        "solution": "44.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2013/page_193.pdf\n\nID: GS/2013/page_193.pdf-4\n\nPrevious Text:\nnotes to consolidated financial statements the table below presents information regarding group inc . 2019s regulatory capital ratios and tier 1 leverage ratio under basel i , as implemented by the federal reserve board .\nthe information as of december 2013 reflects the revised market risk regulatory capital requirements .\nthese changes resulted in increased regulatory capital requirements for market risk .\nthe information as of december 2012 is prior to the implementation of these revised market risk regulatory capital requirements. .\n\nTable Data:\n[['$ in millions', 'as of december 2013', 'as of december 2012'], ['tier 1 capital', '$ 72471', '$ 66977'], ['tier 2 capital', '$ 13632', '$ 13429'], ['total capital', '$ 86103', '$ 80406'], ['risk-weighted assets', '$ 433226', '$ 399928'], ['tier 1 capital ratio', '16.7% ( 16.7 % )', '16.7% ( 16.7 % )'], ['total capital ratio', '19.9% ( 19.9 % )', '20.1% ( 20.1 % )'], ['tier 1 leverage ratio', '8.1% ( 8.1 % )', '7.3% ( 7.3 % )']]\n\nFollowing Text:\nrevised capital framework the u.s .\nfederal bank regulatory agencies ( agencies ) have approved revised risk-based capital and leverage ratio regulations establishing a new comprehensive capital framework for u.s .\nbanking organizations ( revised capital framework ) .\nthese regulations are largely based on the basel committee 2019s december 2010 final capital framework for strengthening international capital standards ( basel iii ) and also implement certain provisions of the dodd-frank act .\nunder the revised capital framework , group inc .\nis an 201cadvanced approach 201d banking organization .\nbelow are the aspects of the rules that are most relevant to the firm , as an advanced approach banking organization .\ndefinition of capital and capital ratios .\nthe revised capital framework introduced changes to the definition of regulatory capital , which , subject to transitional provisions , became effective across the firm 2019s regulatory capital and leverage ratios on january 1 , 2014 .\nthese changes include the introduction of a new capital measure called common equity tier 1 ( cet1 ) , and the related regulatory capital ratio of cet1 to rwas ( cet1 ratio ) .\nin addition , the definition of tier 1 capital has been narrowed to include only cet1 and instruments such as perpetual non- cumulative preferred stock , which meet certain criteria .\ncertain aspects of the revised requirements phase in over time .\nthese include increases in the minimum capital ratio requirements and the introduction of new capital buffers and certain deductions from regulatory capital ( such as investments in nonconsolidated financial institutions ) .\nin addition , junior subordinated debt issued to trusts is being phased out of regulatory capital .\nthe minimum cet1 ratio is 4.0% ( 4.0 % ) as of january 1 , 2014 and will increase to 4.5% ( 4.5 % ) on january 1 , 2015 .\nthe minimum tier 1 capital ratio increased from 4.0% ( 4.0 % ) to 5.5% ( 5.5 % ) on january 1 , 2014 and will increase to 6.0% ( 6.0 % ) beginning january 1 , 2015 .\nthe minimum total capital ratio remains unchanged at 8.0% ( 8.0 % ) .\nthese minimum ratios will be supplemented by a new capital conservation buffer that phases in , beginning january 1 , 2016 , in increments of 0.625% ( 0.625 % ) per year until it reaches 2.5% ( 2.5 % ) on january 1 , 2019 .\nthe revised capital framework also introduces a new counter-cyclical capital buffer , to be imposed in the event that national supervisors deem it necessary in order to counteract excessive credit growth .\nrisk-weighted assets .\nin february 2014 , the federal reserve board informed us that we have completed a satisfactory 201cparallel run , 201d as required of advanced approach banking organizations under the revised capital framework , and therefore changes to rwas will take effect beginning with the second quarter of 2014 .\naccordingly , the calculation of rwas in future quarters will be based on the following methodologies : 2030 during the first quarter of 2014 2014 the basel i risk-based capital framework adjusted for certain items related to existing capital deductions and the phase-in of new capital deductions ( basel i adjusted ) ; 2030 during the remaining quarters of 2014 2014 the higher of rwas computed under the basel iii advanced approach or the basel i adjusted calculation ; and 2030 beginning in the first quarter of 2015 2014 the higher of rwas computed under the basel iii advanced or standardized approach .\ngoldman sachs 2013 annual report 191 .\n\nQuestion: in millions , for 2013 and 2012 , what was average tier 1 capital?\\\\n",
        "solution": "69724"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2016/page_29.pdf\n\nID: ORLY/2016/page_29.pdf-2\n\nPrevious Text:\nstock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2011 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . .\n\nTable Data:\n[['company/index', 'december 31 , 2011', 'december 31 , 2012', 'december 31 , 2013', 'december 31 , 2014', 'december 31 , 2015', 'december 31 , 2016'], ['o 2019reilly automotive inc .', '$ 100', '$ 112', '$ 161', '$ 241', '$ 317', '$ 348'], ['s&p 500 retail index', '100', '125', '180', '197', '245', '257'], ['s&p 500', '$ 100', '$ 113', '$ 147', '$ 164', '$ 163', '$ 178']]\n\nFollowing Text:\n.\n\nQuestion: what is the total return generated if $ 10 million are invested in s&p500 in 2011 and sold in 2013 , in millions?",
        "solution": "4.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAT/2017/page_69.pdf\n\nID: CAT/2017/page_69.pdf-2\n\nPrevious Text:\nbetween the actual return on plan assets compared to the expected return on plan assets ( u.s .\npension plans had an actual rate of return of 7.8 percent compared to an expected rate of return of 6.9 percent ) .\n2022 2015 net mark-to-market loss of $ 179 million - primarily due to the difference between the actual return on plan assets compared to the expected return on plan assets ( u.s .\npension plans had an actual rate of return of ( 2.0 ) percent compared to an expected rate of return of 7.4 percent ) which was partially offset by higher discount rates at the end of 2015 compared to 2014 .\nthe net mark-to-market losses were in the following results of operations line items: .\n\nTable Data:\n[['( millions of dollars )', 'years ended december 31 , 2017', 'years ended december 31 , 2016', 'years ended december 31 , 2015'], ['cost of goods sold', '$ -29 ( 29 )', '$ 476', '$ 122'], ['selling general and administrative expenses', '244', '382', '18'], ['research and development expenses', '86', '127', '39'], ['total', '$ 301', '$ 985', '$ 179']]\n\nFollowing Text:\neffective january 1 , 2018 , we adopted new accounting guidance issued by the fasb related to the presentation of net periodic pension and opeb costs .\nthis guidance requires that an employer disaggregate the service cost component from the other components of net benefit cost .\nservice cost is required to be reported in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period .\nthe other components of net benefit cost are required to be reported outside the subtotal for income from operations .\nas a result , components of pension and opeb costs , other than service costs , will be reclassified from operating costs to other income/expense .\nthis change will be applied retrospectively to prior years .\nin the fourth quarter of 2017 , the company reviewed and made changes to the mortality assumptions primarily for our u.s .\npension plans which resulted in an overall increase in the life expectancy of plan participants .\nas of december 31 , 2017 these changes resulted in an increase in our liability for postemployment benefits of approximately $ 290 million .\nin the fourth quarter of 2016 , the company adopted new mortality improvement scales released by the soa for our u.s .\npension and opeb plans .\nas of december 31 , 2016 , this resulted in an increase in our liability for postemployment benefits of approximately $ 200 million .\nin the first quarter of 2017 , we announced the closure of our gosselies , belgium facility .\nthis announcement impacted certain employees that participated in a defined benefit pension plan and resulted in a curtailment and the recognition of termination benefits .\nin march 2017 , we recognized a net loss of $ 20 million for the curtailment and termination benefits .\nin addition , we announced the decision to phase out production at our aurora , illinois , facility , which resulted in termination benefits of $ 9 million for certain hourly employees that participate in our u.s .\nhourly defined benefit pension plan .\nbeginning in 2016 , we elected to utilize a full yield curve approach in the estimation of service and interest costs by applying the specific spot rates along the yield curve used in the determination of the benefit obligation to the relevant projected cash flows .\nservice and interest costs in 2017 and 2016 were lower by $ 140 million and $ 180 million , respectively , under the new method than they would have been under the previous method .\nthis change had no impact on our year-end defined benefit pension and opeb obligations or our annual net periodic benefit cost as the lower service and interest costs were entirely offset in the actuarial loss ( gain ) reported for the respective year .\nwe expect our total defined benefit pension and opeb expense ( excluding the impact of mark-to-market gains and losses ) to decrease approximately $ 80 million in 2018 .\nthis decrease is primarily due to a higher expected return on plan assets as a result of a higher asset base in 2018 .\nin general , our strategy for both the u.s .\nand the non-u.s .\npensions includes ongoing alignment of our investments to our liabilities , while reducing risk in our portfolio .\nfor our u.s .\npension plans , our year-end 2017 asset allocation was 34 a0percent equities , 62 a0percent fixed income and 4 percent other .\nour current u.s .\npension target asset allocation is 30 percent equities and 70 percent fixed income .\nthe target allocation is revisited periodically to ensure it reflects our overall objectives .\nthe u.s .\nplans are rebalanced to plus or minus 5 percentage points of the target asset allocation ranges on a monthly basis .\nthe year-end 2017 asset allocation for our non-u.s .\npension plans was 40 a0percent equities , 53 a0percent fixed income , 4 a0percent real estate and 3 percent other .\nthe 2017 weighted-average target allocations for our non-u.s .\npension plans was 38 a0percent equities , 54 a0percent fixed income , 5 a0percent real estate and 3 a0percent other .\nthe target allocations for each plan vary based upon local statutory requirements , demographics of the plan participants and funded status .\nthe frequency of rebalancing for the non-u.s .\nplans varies depending on the plan .\ncontributions to our pension and opeb plans were $ 1.6 billion and $ 329 million in 2017 and 2016 , respectively .\nthe 2017 contributions include a $ 1.0 billion discretionary contribution made to our u.s .\npension plans in december 2017 .\nwe expect to make approximately $ 365 million of contributions to our pension and opeb plans in 2018 .\nwe believe we have adequate resources to fund both pension and opeb plans .\n48 | 2017 form 10-k .\n\nQuestion: what is the expected growth rate in pension and opb contributions from 2017 to 2018?",
        "solution": "-77%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2017/page_73.pdf\n\nID: CDW/2017/page_73.pdf-1\n\nPrevious Text:\ntable of contents cdw corporation and subsidiaries method or straight-line method , as applicable .\nthe company classifies deferred financing costs as a direct deduction from the carrying value of the long-term debt liability on the consolidated balance sheets , except for deferred financing costs associated with revolving credit facilities which are presented as an asset , within other assets on the consolidated balance sheets .\nderivative instruments the company has interest rate cap agreements for the purpose of hedging its exposure to fluctuations in interest rates .\nthe interest rate cap agreements are designated as cash flow hedges of interest rate risk and recorded at fair value in other assets on the consolidated balance sheets .\nthe gain or loss on the derivative instruments is reported as a component of accumulated other comprehensive loss until reclassified to interest expense in the same period the hedge transaction affects earnings .\nfair value measurements fair value is defined under gaap as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date .\na fair value hierarchy has been established for valuation inputs to prioritize the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market .\neach fair value measurement is reported in one of the three levels which is determined by the lowest level input that is significant to the fair value measurement in its entirety .\nthese levels are : level 1 2013 observable inputs such as quoted prices for identical instruments traded in active markets .\nlevel 2 2013 inputs are based on quoted prices for similar instruments in active markets , quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities .\nlevel 3 2013 inputs are generally unobservable and typically reflect management 2019s estimates of assumptions that market participants would use in pricing the asset or liability .\nthe fair values are therefore determined using model-based techniques that include option pricing models , discounted cash flow models and similar techniques .\naccumulated other comprehensive loss the components of accumulated other comprehensive loss included in stockholders 2019 equity are as follows: .\n\nTable Data:\n[['( in millions )', 'years ended december 31 , 2017', 'years ended december 31 , 2016', 'years ended december 31 , 2015'], ['foreign currency translation', '$ -96.1 ( 96.1 )', '$ -139.6 ( 139.6 )', '$ -61.1 ( 61.1 )'], ['unrealized gain from hedge accounting', '0.2', '2014', '2014'], ['accumulated other comprehensive loss', '$ -95.9 ( 95.9 )', '$ -139.6 ( 139.6 )', '$ -61.1 ( 61.1 )']]\n\nFollowing Text:\nrevenue recognition the company is a primary distribution channel for a large group of vendors and suppliers , including original equipment manufacturers ( 201coems 201d ) , software publishers , wholesale distributors and cloud providers .\nthe company records revenue from sales transactions when title and risk of loss are passed to the customer , there is persuasive evidence of an arrangement for sale , delivery has occurred and/or services have been rendered , the sales price is fixed or determinable , and collectability is reasonably assured .\nthe company 2019s shipping terms typically specify f.o.b .\ndestination , at which time title and risk of loss have passed to the customer .\nrevenues from the sales of hardware products and software licenses are generally recognized on a gross basis with the selling price to the customer recorded as sales and the acquisition cost of the product recorded as cost of sales .\nthese items can be delivered to customers in a variety of ways , including ( i ) as physical product shipped from the company 2019s warehouse , ( ii ) via drop-shipment by the vendor or supplier , or ( iii ) via electronic delivery for software licenses .\nat the time of sale , the company records an estimate for sales returns and allowances based on historical experience .\nthe company 2019s vendor partners warrant most of the products the company sells .\nthe company leverages drop-shipment arrangements with many of its vendors and suppliers to deliver products to its customers without having to physically hold the inventory at its warehouses , thereby increasing efficiency and reducing .\n\nQuestion: what was the three year total accumulated other comprehensive loss in millions?",
        "solution": "-296.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_160.pdf\n\nID: ETR/2004/page_160.pdf-4\n\nPrevious Text:\nentergy arkansas , inc .\nmanagement's financial discussion and analysis fuel and purchased power expenses increased primarily due to increased recovery of deferred fuel and purchased power costs primarily due to an increase in april 2004 in the energy cost recovery rider and the true-ups to the 2003 and 2002 energy cost recovery rider filings .\nother regulatory credits decreased primarily due to the over-recovery of grand gulf costs due to an increase in the grand gulf rider effective january 2004 .\n2003 compared to 2002 net revenue , which is entergy arkansas' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .\nfollowing is an analysis of the change in net revenue comparing 2003 to 2002. .\n\nTable Data:\n[['', '( in millions )'], ['2002 net revenue', '$ 1095.9'], ['march 2002 settlement agreement', '-154.0 ( 154.0 )'], ['volume/weather', '-7.7 ( 7.7 )'], ['asset retirement obligation', '30.1'], ['net wholesale revenue', '16.6'], ['deferred fuel cost revisions', '10.2'], ['other', '7.6'], ['2003 net revenue', '$ 998.7']]\n\nFollowing Text:\nthe march 2002 settlement agreement resolved a request for recovery of ice storm costs incurred in december 2000 with an offset of those costs for funds contributed to pay for future stranded costs .\na 1997 settlement provided for the collection of earnings in excess of an 11% ( 11 % ) return on equity in a transition cost account ( tca ) to offset stranded costs if retail open access were implemented .\nin mid- and late december 2000 , two separate ice storms left 226000 and 212500 entergy arkansas customers , respectively , without electric power in its service area .\nentergy arkansas filed a proposal to recover costs plus carrying charges associated with power restoration caused by the ice storms .\nentergy arkansas' final storm damage cost determination reflected costs of approximately $ 195 million .\nthe apsc approved a settlement agreement submitted in march 2002 by entergy arkansas , the apsc staff , and the arkansas attorney general .\nin the march 2002 settlement , the parties agreed that $ 153 million of the ice storm costs would be classified as incremental ice storm expenses that can be offset against the tca on a rate class basis , and any excess of ice storm costs over the amount available in the tca would be deferred and amortized over 30 years , although such excess costs were not allowed to be included as a separate component of rate base .\nthe allocated ice storm expenses exceeded the available tca funds by $ 15.8 million which was recorded as a regulatory asset in june 2002 .\nin accordance with the settlement agreement and following the apsc's approval of the 2001 earnings review related to the tca , entergy arkansas filed to return $ 18.1 million of the tca to certain large general service class customers that paid more into the tca than their allocation of storm costs .\nthe apsc approved the return of funds to the large general service customer class in the form of refund checks in august 2002 .\nas part of the implementation of the march 2002 settlement agreement provisions , the tca procedure ceased with the 2001 earnings evaluation .\nof the remaining ice storm costs , $ 32.2 million was addressed through established ratemaking procedures , including $ 22.2 million classified as capital additions , while $ 3.8 million of the ice storm costs was not recovered through rates .\nthe effect on net income of the march 2002 settlement agreement and 2001 earnings review was a $ 2.2 million increase in 2003 , because the decrease in net revenue was offset by the decrease in operation and maintenance expenses discussed below. .\n\nQuestion: what is the net change in net revenue during 2003 for entergy arkansas , inc.?",
        "solution": "-97.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2017/page_63.pdf\n\nID: STT/2017/page_63.pdf-3\n\nPrevious Text:\nstate street corporation | 52 shareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index , the s&p financial index and the kbw bank index over a five-year period .\nthe cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2012 .\nit also assumes reinvestment of common stock dividends .\nthe s&p financial index is a publicly available , capitalization-weighted index , comprised of 67 of the standard & poor 2019s 500 companies , representing 27 diversified financial services companies , 23 insurance companies , and 17 banking companies .\nthe kbw bank index is a modified cap-weighted index consisting of 24 exchange-listed stocks , representing national money center banks and leading regional institutions. .\n\nTable Data:\n[['', '2012', '2013', '2014', '2015', '2016', '2017'], ['state street corporation', '$ 100', '$ 159', '$ 172', '$ 148', '$ 178', '$ 227'], ['s&p 500 index', '100', '132', '151', '153', '171', '208'], ['s&p financial index', '100', '136', '156', '154', '189', '230'], ['kbw bank index', '100', '138', '151', '151', '195', '231']]\n\nFollowing Text:\n.\n\nQuestion: what is the roi of an investment is s&p500 index from 2012 to 2015?",
        "solution": "53%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SWKS/2008/page_105.pdf\n\nID: SWKS/2008/page_105.pdf-1\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) a reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in thousands ) : .\n\nTable Data:\n[['balance at september 29 2007', '$ 7315'], ['increases based on positions related to prior years', '351'], ['increases based on positions related to current year', '813'], ['decreases relating to lapses of applicable statutes of limitations', '-605 ( 605 )'], ['balance at october 3 2008', '$ 7874']]\n\nFollowing Text:\nthe company 2019s major tax jurisdictions as of october 3 , 2008 for fin 48 are the u.s. , california , and iowa .\nfor the u.s. , the company has open tax years dating back to fiscal year 1998 due to the carryforward of tax attributes .\nfor california , the company has open tax years dating back to fiscal year 2002 due to the carryforward of tax attributes .\nfor iowa , the company has open tax years dating back to fiscal year 2002 due to the carryforward of tax attributes .\nduring the year ended october 3 , 2008 , the statute of limitations period expired relating to an unrecognized tax benefit .\nthe expiration of the statute of limitations period resulted in the recognition of $ 0.6 million of previously unrecognized tax benefit , which impacted the effective tax rate , and $ 0.5 million of accrued interest related to this tax position was reversed during the year .\nincluding this reversal , total year-to-date accrued interest related to the company 2019s unrecognized tax benefits was a benefit of $ 0.4 million .\n10 .\nstockholders 2019 equity common stock the company is authorized to issue ( 1 ) 525000000 shares of common stock , par value $ 0.25 per share , and ( 2 ) 25000000 shares of preferred stock , without par value .\nholders of the company 2019s common stock are entitled to such dividends as may be declared by the company 2019s board of directors out of funds legally available for such purpose .\ndividends may not be paid on common stock unless all accrued dividends on preferred stock , if any , have been paid or declared and set aside .\nin the event of the company 2019s liquidation , dissolution or winding up , the holders of common stock will be entitled to share pro rata in the assets remaining after payment to creditors and after payment of the liquidation preference plus any unpaid dividends to holders of any outstanding preferred stock .\neach holder of the company 2019s common stock is entitled to one vote for each such share outstanding in the holder 2019s name .\nno holder of common stock is entitled to cumulate votes in voting for directors .\nthe company 2019s second amended and restated certificate of incorporation provides that , unless otherwise determined by the company 2019s board of directors , no holder of common stock has any preemptive right to purchase or subscribe for any stock of any class which the company may issue or sell .\nin march 2007 , the company repurchased approximately 4.3 million of its common shares for $ 30.1 million as authorized by the company 2019s board of directors .\nthe company has no publicly disclosed stock repurchase plans .\nat october 3 , 2008 , the company had 170322804 shares of common stock issued and 165591830 shares outstanding .\npreferred stock the company 2019s second amended and restated certificate of incorporation permits the company to issue up to 25000000 shares of preferred stock in one or more series and with rights and preferences that may be fixed or designated by the company 2019s board of directors without any further action by the company 2019s stockholders .\nthe designation , powers , preferences , rights and qualifications , limitations and restrictions of the preferred stock of each skyworks solutions , inc .\n2008 annual report %%transmsg*** transmitting job : a51732 pcn : 099000000 ***%%pcmsg|103 |00005|yes|no|03/26/2009 13:34|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: in march 2007what was the share price in the company repurchased of 4.3 million of its common shares at $ 30.1 million as authorized by the company 2019s board of directors .",
        "solution": "7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2014/page_18.pdf\n\nID: MRO/2014/page_18.pdf-3\n\nPrevious Text:\nin the ordinary course of business , based on our evaluations of certain geologic trends and prospective economics , we have allowed certain lease acreage to expire and may allow additional acreage to expire in the future .\nif production is not established or we take no other action to extend the terms of the leases , licenses , or concessions , undeveloped acreage listed in the table below will expire over the next three years .\nwe plan to continue the terms of many of these licenses and concession areas or retain leases through operational or administrative actions .\nnet undeveloped acres expiring year ended december 31 .\n\nTable Data:\n[['( in thousands )', 'net undeveloped acres expiring year ended december 31 , 2015', 'net undeveloped acres expiring year ended december 31 , 2016', 'net undeveloped acres expiring year ended december 31 , 2017'], ['u.s .', '211', '150', '94'], ['e.g .', '36', '2014', '2014'], ['other africa', '1950', '1502', '1089'], ['total africa', '1986', '1502', '1089'], ['other international', '88', '2014', '2014'], ['total', '2285', '1652', '1183']]\n\nFollowing Text:\noil sands mining segment we hold a 20 percent non-operated interest in the aosp , an oil sands mining and upgrading joint venture located in alberta , canada .\nthe joint venture produces bitumen from oil sands deposits in the athabasca region utilizing mining techniques and upgrades the bitumen to synthetic crude oils and vacuum gas oil .\nthe aosp 2019s mining and extraction assets are located near fort mcmurray , alberta , and include the muskeg river and the jackpine mines .\ngross design capacity of the combined mines is 255000 ( 51000 net to our interest ) barrels of bitumen per day .\nthe aosp operations use established processes to mine oil sands deposits from an open-pit mine , extract the bitumen and upgrade it into synthetic crude oils .\nore is mined using traditional truck and shovel mining techniques .\nthe mined ore passes through primary crushers to reduce the ore chunks in size and is then sent to rotary breakers where the ore chunks are further reduced to smaller particles .\nthe particles are combined with hot water to create slurry .\nthe slurry moves through the extraction process where it separates into sand , clay and bitumen-rich froth .\na solvent is added to the bitumen froth to separate out the remaining solids , water and heavy asphaltenes .\nthe solvent washes the sand and produces clean bitumen that is required for the upgrader to run efficiently .\nthe process yields a mixture of solvent and bitumen which is then transported from the mine to the scotford upgrader via the approximately 300-mile corridor pipeline .\nthe aosp's scotford upgrader is located at fort saskatchewan , northeast of edmonton , alberta .\nthe bitumen is upgraded at scotford using both hydrotreating and hydroconversion processes to remove sulfur and break the heavy bitumen molecules into lighter products .\nblendstocks acquired from outside sources are utilized in the production of our saleable products .\nthe upgrader produces synthetic crude oils and vacuum gas oil .\nthe vacuum gas oil is sold to an affiliate of the operator under a long-term contract at market-related prices , and the other products are sold in the marketplace .\nas of december 31 , 2014 , we own or have rights to participate in developed and undeveloped leases totaling approximately 163000 gross ( 33000 net ) acres .\nthe underlying developed leases are held for the duration of the project , with royalties payable to the province of alberta .\nsynthetic crude oil sales volumes for 2014 averaged 50 mbbld and net-of-royalty production was 41 mbbld .\nin december 2013 , a jackpine mine expansion project received conditional approval from the canadian government .\nthe project includes additional mining areas , associated processing facilities and infrastructure .\nthe government conditions relate to wildlife , the environment and aboriginal health issues .\nwe will evaluate the potential expansion project and government conditions after infrastructure reliability initiatives are completed .\nthe governments of alberta and canada have agreed to partially fund quest ccs for $ 865 million canadian .\nin the third quarter of 2012 , the energy and resources conservation board ( \"ercb\" ) , alberta's primary energy regulator at that time , conditionally approved the project and the aosp partners approved proceeding to construct and operate quest ccs .\ngovernment funding commenced in 2012 and continued as milestones were achieved during the development , construction and operating phases .\nfailure of the aosp to meet certain timing , performance and operating objectives may result in repaying some of the government funding .\nconstruction and commissioning of quest ccs is expected to be completed by late 2015. .\n\nQuestion: what is our percentage of our interest in the aosp 2019s mining and extraction assets located near fort mcmurray , including the muskeg river and the jackpine mines?",
        "solution": "20%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2013/page_57.pdf\n\nID: BLK/2013/page_57.pdf-2\n\nPrevious Text:\nnonoperating income ( expense ) .\nblackrock also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance with other companies .\nmanagement uses both gaap and non-gaap financial measures in evaluating blackrock 2019s financial performance .\nthe non-gaap measure by itself may pose limitations because it does not include all of blackrock 2019s revenues and expenses .\noperating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and related commissions .\nmanagement believes the exclusion of such costs and related commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact blackrock 2019s results until future periods .\nrevenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties .\nmanagement believes the exclusion of such costs is useful because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue .\namortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , substantially offset distribution fee revenue the company earns .\nfor each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues .\n( b ) nonoperating income ( expense ) , less net income ( loss ) attributable to noncontrolling interests , as adjusted , is presented below .\nthe compensation expense offset is recorded in operating income .\nthis compensation expense has been included in nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in nonoperating income ( expense ) , gaap basis .\nmanagement believes nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides comparability of information among reporting periods and is an effective measure for reviewing blackrock 2019s nonoperating contribution to results .\nas compensation expense associated with ( appreciation ) depreciation on investments related to certain deferred compensation plans , which is included in operating income , substantially offsets the gain ( loss ) on the investments set aside for these plans , management believes nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s nonoperating results that impact book value .\nduring 2013 , the noncash , nonoperating pre-tax gain of $ 80 million related to the contributed pennymac investment has been excluded from nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted due to its nonrecurring nature and because the more than offsetting associated charitable contribution expense of $ 124 million is reported in operating income .\n( in millions ) 2013 2012 2011 nonoperating income ( expense ) , gaap basis $ 116 $ ( 54 ) $ ( 114 ) less : net income ( loss ) attributable to nci 19 ( 18 ) 2 .\n\nTable Data:\n[['( in millions )', '2013', '2012', '2011'], ['nonoperating income ( expense ) gaap basis', '$ 116', '$ -54 ( 54 )', '$ -114 ( 114 )'], ['less : net income ( loss ) attributable to nci', '19', '-18 ( 18 )', '2'], ['nonoperating income ( expense )', '97', '-36 ( 36 )', '-116 ( 116 )'], ['gain related to charitable contribution', '-80 ( 80 )', '2014', '2014'], ['compensation expense related to ( appreciation ) depreciation on deferred compensation plans', '-10 ( 10 )', '-6 ( 6 )', '3'], ['nonoperating income ( expense ) less net income ( loss ) attributable to nci as adjusted', '$ 7', '$ -42 ( 42 )', '$ -113 ( 113 )']]\n\nFollowing Text:\ngain related to charitable contribution ( 80 ) 2014 2014 compensation expense related to ( appreciation ) depreciation on deferred compensation plans ( 10 ) ( 6 ) 3 nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 7 $ ( 42 ) $ ( 113 ) ( c ) net income attributable to blackrock , as adjusted : management believes net income attributable to blackrock , inc. , as adjusted , and diluted earnings per common share , as adjusted , are useful measures of blackrock 2019s profitability and financial performance .\nnet income attributable to blackrock , inc. , as adjusted , equals net income attributable to blackrock , inc. , gaap basis , adjusted for significant nonrecurring items , charges that ultimately will not impact blackrock 2019s book value or certain tax items that do not impact cash flow .\nsee note ( a ) operating income , as adjusted , and operating margin , as adjusted , for information on the pnc ltip funding obligation , merrill lynch compensation contribution , charitable contribution , u.k .\nlease exit costs , contribution to stifs and restructuring charges .\nthe 2013 results included a tax benefit of approximately $ 48 million recognized in connection with the charitable contribution .\nthe tax benefit has been excluded from net income attributable to blackrock , inc. , as adjusted due to the nonrecurring nature of the charitable contribution .\nduring 2013 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities , including the effect of legislation enacted in the united kingdom and domestic state and local income tax changes .\nduring 2012 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities , including the effect of legislation enacted in the united kingdom and the state and local income tax effect resulting from changes in the company 2019s organizational structure .\nduring 2011 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities due to a state tax election and enacted u.k. , japan , u.s .\nstate and local tax legislation .\nthe resulting decrease in income taxes has been excluded from net income attributable to blackrock , inc. , as adjusted , as these items will not have a cash flow impact and to ensure comparability among periods presented. .\n\nQuestion: what is the nonoperating income ( expense ) less net income ( loss ) attributable to nci as adjusted as a percentage of nonoperating income ( expense ) on a gaap basis in 2013?",
        "solution": "6.04%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2011/page_208.pdf\n\nID: PNC/2011/page_208.pdf-2\n\nPrevious Text:\nrecourse and repurchase obligations as discussed in note 3 loans sale and servicing activities and variable interest entities , pnc has sold commercial mortgage and residential mortgage loans directly or indirectly in securitizations and whole-loan sale transactions with continuing involvement .\none form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets in these transactions .\ncommercial mortgage loan recourse obligations we originate , close and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s dus program .\nwe participated in a similar program with the fhlmc .\nunder these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .\nat december 31 , 2011 and december 31 , 2010 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 13.0 billion and $ 13.2 billion , respectively .\nthe potential maximum exposure under the loss share arrangements was $ 4.0 billion at both december 31 , 2011 and december 31 , 2010 .\nwe maintain a reserve for estimated losses based upon our exposure .\nthe reserve for losses under these programs totaled $ 47 million and $ 54 million as of december 31 , 2011 and december 31 , 2010 , respectively , and is included in other liabilities on our consolidated balance sheet .\nif payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .\nour exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .\nanalysis of commercial mortgage recourse obligations .\n\nTable Data:\n[['in millions', '2011', '2010'], ['january 1', '$ 54', '$ 71'], ['reserve adjustments net', '1', '9'], ['losses 2013 loan repurchases and settlements', '-8 ( 8 )', '-2 ( 2 )'], ['loan sales', '', '-24 ( 24 )'], ['december 31', '$ 47', '$ 54']]\n\nFollowing Text:\nresidential mortgage loan and home equity repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .\nthese loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .\nresidential mortgage loans covered by these loan repurchase obligations include first and second-lien mortgage loans we have sold through agency securitizations , non-agency securitizations , and whole-loan sale transactions .\nas discussed in note 3 in this report , agency securitizations consist of mortgage loans sale transactions with fnma , fhlmc , and gnma , while non-agency securitizations and whole-loan sale transactions consist of mortgage loans sale transactions with private investors .\nour historical exposure and activity associated with agency securitization repurchase obligations has primarily been related to transactions with fnma and fhlmc , as indemnification and repurchase losses associated with fha and va-insured and uninsured loans pooled in gnma securitizations historically have been minimal .\nrepurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .\npnc 2019s repurchase obligations also include certain brokered home equity loans/lines that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition .\npnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of whole-loans sold in these transactions .\nrepurchase activity associated with brokered home equity loans/lines is reported in the non-strategic assets portfolio segment .\nloan covenants and representations and warranties are established through loan sale agreements with various investors to provide assurance that pnc has sold loans to investors of sufficient investment quality .\nkey aspects of such covenants and representations and warranties include the loan 2019s compliance with any applicable loan criteria established by the investor , including underwriting standards , delivery of all required loan documents to the investor or its designated party , sufficient collateral valuation , and the validity of the lien securing the loan .\nas a result of alleged breaches of these contractual obligations , investors may request pnc to indemnify them against losses on certain loans or to repurchase loans .\nthese investor indemnification or repurchase claims are typically settled on an individual loan basis through make- whole payments or loan repurchases ; however , on occasion we may negotiate pooled settlements with investors .\nindemnifications for loss or loan repurchases typically occur when , after review of the claim , we agree insufficient evidence exists to dispute the investor 2019s claim that a breach of a loan covenant and representation and warranty has occurred , such breach has not been cured , and the effect of such breach is deemed to have had a material and adverse effect on the value of the transferred loan .\ndepending on the sale agreement and upon proper notice from the investor , we typically respond to such indemnification and repurchase requests within 60 days , although final resolution of the claim may take a longer period of time .\nwith the exception of the sales the pnc financial services group , inc .\n2013 form 10-k 199 .\n\nQuestion: for commercial mortgage recourse obligations , what was average reserve adjustments net for 2010 and 2011 , in millions?",
        "solution": "5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2009/page_34.pdf\n\nID: IP/2009/page_34.pdf-2\n\nPrevious Text:\ndistribution xpedx , our north american merchant distribution business , distributes products and services to a number of customer markets including : commercial printers with printing papers and graphic pre-press , printing presses and post-press equipment ; building services and away-from-home markets with facility supplies ; manufacturers with packaging supplies and equipment ; and to a growing number of customers , we exclusively provide distribution capabilities including warehousing and delivery services .\nxpedx is the leading wholesale distribution marketer in these customer and product segments in north america , operating 122 warehouse locations and 130 retail stores in the united states , mexico and cana- forest products international paper owns and manages approx- imately 200000 acres of forestlands and develop- ment properties in the united states , mostly in the south .\nour remaining forestlands are managed as a portfolio to optimize the economic value to our shareholders .\nmost of our portfolio represents prop- erties that are likely to be sold to investors and other buyers for various purposes .\nspecialty businesses and other chemicals : this business was sold in the first quarter of 2007 .\nilim holding s.a .\nin october 2007 , international paper and ilim holding s.a .\n( ilim ) completed a 50:50 joint venture to operate a pulp and paper business located in russia .\nilim 2019s facilities include three paper mills located in bratsk , ust-ilimsk , and koryazhma , russia , with combined total pulp and paper capacity of over 2.5 million tons .\nilim has exclusive harvesting rights on timberland and forest areas exceeding 12.8 million acres ( 5.2 million hectares ) .\nproducts and brand designations appearing in italics are trademarks of international paper or a related company .\nindustry segment results industrial packaging demand for industrial packaging products is closely correlated with non-durable industrial goods pro- duction , as well as with demand for processed foods , poultry , meat and agricultural products .\nin addition to prices and volumes , major factors affecting the profitability of industrial packaging are raw material and energy costs , freight costs , manufacturing effi- ciency and product mix .\nindustrial packaging results for 2009 and 2008 include the cbpr business acquired in the 2008 third quarter .\nnet sales for 2009 increased 16% ( 16 % ) to $ 8.9 billion compared with $ 7.7 billion in 2008 , and 69% ( 69 % ) compared with $ 5.2 billion in 2007 .\noperating profits were 95% ( 95 % ) higher in 2009 than in 2008 and more than double 2007 levels .\nbenefits from higher total year-over-year shipments , including the impact of the cbpr business , ( $ 11 million ) , favorable operating costs ( $ 294 million ) , and lower raw material and freight costs ( $ 295 million ) were parti- ally offset by the effects of lower price realizations ( $ 243 million ) , higher corporate overhead allocations ( $ 85 million ) , incremental integration costs asso- ciated with the acquisition of the cbpr business ( $ 3 million ) and higher other costs ( $ 7 million ) .\nadditionally , operating profits in 2009 included a gain of $ 849 million relating to alternative fuel mix- ture credits , u.s .\nplant closure costs of $ 653 million , and costs associated with the shutdown of the eti- enne mill in france of $ 87 million .\nindustrial packaging in millions 2009 2008 2007 .\n\nTable Data:\n[['in millions', '2009', '2008', '2007'], ['sales', '$ 8890', '$ 7690', '$ 5245'], ['operating profit', '761', '390', '374']]\n\nFollowing Text:\nnorth american industrial packaging results include the net sales and operating profits of the cbpr business from the august 4 , 2008 acquis- ition date .\nnet sales were $ 7.6 billion in 2009 com- pared with $ 6.2 billion in 2008 and $ 3.9 billion in 2007 .\noperating profits in 2009 were $ 791 million ( $ 682 million excluding alternative fuel mixture cred- its , mill closure costs and costs associated with the cbpr integration ) compared with $ 322 million ( $ 414 million excluding charges related to the write-up of cbpr inventory to fair value , cbpr integration costs and other facility closure costs ) in 2008 and $ 305 million in 2007 .\nexcluding the effect of the cbpr acquisition , con- tainerboard and box shipments were lower in 2009 compared with 2008 reflecting weaker customer demand .\naverage sales price realizations were sig- nificantly lower for both containerboard and boxes due to weaker world-wide economic conditions .\nhowever , average sales margins for boxes .\n\nQuestion: what was the increase in industrial packaging sales between 2007 and 2008?",
        "solution": "2445"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2004/page_65.pdf\n\nID: ZBH/2004/page_65.pdf-1\n\nPrevious Text:\nz i m m e r h o l d i n g s , i n c .\na n d s u b s i d i a r i e s 2 0 0 4 f o r m 1 0 - k notes to consolidated financial statements ( continued ) the components of accumulated other comprehensive income are as follows ( in millions ) : accumulated foreign foreign minimum unrealized other currency currency pension gains on comprehensive translation hedges liability securities income .\n\nTable Data:\n[['', 'foreign currency translation', 'foreign currency hedges', 'minimum pension liability', 'unrealized gains on securities', 'accumulated other comprehensive income'], ['beginning balance at january 1 2004', '$ 179.7', '$ -40.4 ( 40.4 )', '$ -0.6 ( 0.6 )', '$ 2013', '$ 138.7'], ['other comprehensive income ( loss )', '145.5', '-33.0 ( 33.0 )', '-0.3 ( 0.3 )', '2.4', '114.6'], ['balance at december 31 2004', '$ 325.2', '$ -73.4 ( 73.4 )', '$ -0.9 ( 0.9 )', '$ 2.4', '$ 253.3']]\n\nFollowing Text:\naccounting pronouncements 2013 in november 2004 , the no .\n123 ( r ) requires all share-based payments to employees , fasb issued fasb staff position ( 2018 2018fsp 2019 2019 ) 109-1 , 2018 2018application including stock options , to be expensed based on their fair of fasb statement no .\n109 , accounting for income taxes , to values .\nthe company has disclosed the effect on net earnings the tax deduction on qualified production activities and earnings per share if the company had applied the fair provided by the american jobs creation act of 2004 2019 2019 and value recognition provisions of sfas 123 .\nsfas 123 ( r ) fsp 109-2 , 2018 2018accounting and disclosure guidance for the contains three methodologies for adoption : 1 ) adopt foreign earnings repatriation provision within the american sfas 123 ( r ) on the effective date for interim periods jobs creation act of 2004 2019 2019 .\nfsp 109-1 states that a thereafter , 2 ) adopt sfas 123 ( r ) on the effective date for company 2019s deduction under the american jobs creation act interim periods thereafter and restate prior interim periods of 2004 ( the 2018 2018act 2019 2019 ) should be accounted for as a special included in the fiscal year of adoption under the provisions of deduction in accordance with sfas no .\n109 and not as a tax sfas 123 , or 3 ) adopt sfas 123 ( r ) on the effective date for rate reduction .\nfsp 109-2 provides accounting and disclosure interim periods thereafter and restate all prior interim guidance for repatriation provisions included under the act .\nperiods under the provisions of sfas 123 .\nthe company has fsp 109-1 and fsp 109-2 were both effective upon issuance .\nnot determined an adoption methodology .\nthe company is in the adoption of these fsp 2019s did not have a material impact the process of assessing the impact that sfas 123 ( r ) will on the company 2019s financial position , results of operations or have on its financial position , results of operations and cash cash flows in 2004 .\nflows .\nsfas 123 ( r ) is effective for the company on july 1 , in november 2004 , the fasb issued sfas no .\n151 , 2005 .\n2018 2018inventory costs 2019 2019 to clarify the accounting for abnormal amounts of idle facility expense .\nsfas no .\n151 requires that 3 .\nacquisitions fixed overhead production costs be applied to inventory at centerpulse ag and incentive capital ag 2018 2018normal capacity 2019 2019 and any excess fixed overhead production costs be charged to expense in the period in which they were on october 2 , 2003 ( the 2018 2018closing date 2019 2019 ) , the company incurred .\nsfas no .\n151 is effective for fiscal years beginning closed its exchange offer for centerpulse , a global after june 15 , 2005 .\nthe company does not expect sfas orthopaedic medical device company headquartered in no .\n151 to have a material impact on its financial position , switzerland that services the reconstructive joint , spine and results of operations , or cash flows .\ndental implant markets .\nthe company also closed its in december 2004 , the fasb issued sfas no .\n153 , exchange offer for incentive , a company that , at the closing 2018 2018exchanges of nonmonetary assets 2019 2019 , which is effective for date , owned only cash and beneficially owned 18.3 percent of fiscal years beginning after june 15 , 2004 .\nthe company does the issued centerpulse shares .\nthe primary reason for not routinely engage in exchanges of nonmonetary assets ; as making the centerpulse and incentive exchange offers ( the such , sfas no .\n153 is not expected to have a material impact 2018 2018exchange offers 2019 2019 ) was to create a global leader in the on the company 2019s financial position , results of operations or design , development , manufacture and marketing of cash flows .\northopaedic reconstructive implants , including joint and in may 2004 , the fasb issued fsp 106-2 2018 2018accounting dental , spine implants , and trauma products .\nthe strategic and disclosure requirements related to the medicare compatibility of the products and technologies of the prescription drug , improvement and modernization act of company and centerpulse is expected to provide significant 2003 2019 2019 , which is effective for the first interim or annual period earnings power and a strong platform from which it can beginning after june 15 , 2004 .\nthe company does not expect actively pursue growth opportunities in the industry .\nfor the to be eligible for the federal subsidy available pursuant to the company , centerpulse provides a unique platform for growth medicare prescription drug improvement and modernization and diversification in europe as well as in the spine and act of 2003 ; therefore , this staff position did not have a dental areas of the medical device industry .\nas a result of the material impact on the company 2019s results of operations , exchange offers , the company beneficially owned financial position or cash flow .\n98.7 percent of the issued centerpulse shares ( including the in december 2004 , the fasb issued sfas no .\n123 ( r ) , centerpulse shares owned by incentive ) and 99.9 percent of 2018 2018share-based payment 2019 2019 , which is a revision to sfas no .\n123 , the issued incentive shares on the closing date .\n2018 2018accounting for stock based compensation 2019 2019 .\nsfas .\n\nQuestion: what was the percentage change in accumulated other comprehensive income for 2004?",
        "solution": "83%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2012/page_11.pdf\n\nID: FIS/2012/page_11.pdf-2\n\nPrevious Text:\nstrategy our mission is to achieve sustainable revenue and earnings growth through providing superior solutions to our customers .\nour strategy to achieve this has been and will continue to be built on the following pillars : 2022 expand client relationships 2014 the overall market we serve continues to gravitate beyond single-product purchases to multi-solution partnerships .\nas the market dynamics shift , we expect our clients to rely more on our multidimensional service offerings .\nour leveraged solutions and processing expertise can drive meaningful value and cost savings to our clients through more efficient operating processes , improved service quality and speed for our clients' customers .\n2022 buy , build or partner to add solutions to cross-sell 2014 we continue to invest in growth through internal product development , as well as through product-focused or market-centric acquisitions that complement and extend our existing capabilities and provide us with additional solutions to cross-sell .\nwe also partner from time to time with other entities to provide comprehensive offerings to our customers .\nby investing in solution innovation and integration , we continue to expand our value proposition to clients .\n2022 support our clients through market transformation 2014 the changing market dynamics are transforming the way our clients operate , which is driving incremental demand for our leveraged solutions , consulting expertise , and services around intellectual property .\nour depth of services capabilities enables us to become involved earlier in the planning and design process to assist our clients as they manage through these changes .\n2022 continually improve to drive margin expansion 2014 we strive to optimize our performance through investments in infrastructure enhancements and other measures that are designed to drive organic revenue growth and margin expansion .\n2022 build global diversification 2014 we continue to deploy resources in emerging global markets where we expect to achieve meaningful scale .\nrevenues by segment the table below summarizes the revenues by our reporting segments ( in millions ) : .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['fsg', '$ 2246.4', '$ 2076.8', '$ 1890.8'], ['psg', '2380.6', '2372.1', '2354.2'], ['isg', '1180.5', '1177.6', '917.0'], ['corporate & other', '0.1', '-0.9 ( 0.9 )', '-16.4 ( 16.4 )'], ['total consolidated revenues', '$ 5807.6', '$ 5625.6', '$ 5145.6']]\n\nFollowing Text:\nfinancial solutions group the focus of fsg is to provide the most comprehensive software and services for the core processing , customer channel , treasury services , cash management , wealth management and capital market operations of our financial institution customers in north america .\nwe service the core and related ancillary processing needs of north american banks , credit unions , automotive financial companies , commercial lenders , and independent community and savings institutions .\nfis offers a broad selection of in-house and outsourced solutions to banking customers that span the range of asset sizes .\nfsg customers are typically committed under multi-year contracts that provide a stable , recurring revenue base and opportunities for cross-selling additional financial and payments offerings .\nwe employ several business models to provide our solutions to our customers .\nwe typically deliver the highest value to our customers when we combine our software applications and deliver them in one of several types of outsourcing arrangements , such as an application service provider , facilities management processing or an application management arrangement .\nwe are also able to deliver individual applications through a software licensing arrangement .\nbased upon our expertise gained through the foregoing arrangements , some clients also retain us to manage their it operations without using any of our proprietary software .\nour solutions in this segment include: .\n\nQuestion: what percent of total consolidate revenue was the psg segment in 2012?",
        "solution": "41%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2015/page_131.pdf\n\nID: AAL/2015/page_131.pdf-2\n\nPrevious Text:\ntable of contents notes to consolidated financial statements of american airlines group inc .\nsecured financings are collateralized by assets , primarily aircraft , engines , simulators , rotable aircraft parts , airport leasehold rights , route authorities and airport slots .\nat december 31 , 2015 , the company was operating 35 aircraft under capital leases .\nleases can generally be renewed at rates based on fair market value at the end of the lease term for a number of additional years .\nat december 31 , 2015 , the maturities of long-term debt and capital lease obligations are as follows ( in millions ) : .\n\nTable Data:\n[['2016', '$ 2266'], ['2017', '1598'], ['2018', '2134'], ['2019', '3378'], ['2020', '3587'], ['2021 and thereafter', '7844'], ['total', '$ 20807']]\n\nFollowing Text:\n( a ) 2013 credit facilities on june 27 , 2013 , american and aag entered into a credit and guaranty agreement ( as amended , restated , amended and restated or otherwise modified , the 2013 credit agreement ) with deutsche bank ag new york branch , as administrative agent , and certain lenders that originally provided for a $ 1.9 billion term loan facility scheduled to mature on june 27 , 2019 ( the 2013 term loan facility ) and a $ 1.0 billion revolving credit facility scheduled to mature on june 27 , 2018 ( the 2013 revolving facility ) .\nthe maturity of the term loan facility was subsequently extended to june 2020 and the revolving credit facility commitments were subsequently increased to $ 1.4 billion with an extended maturity date of october 10 , 2020 , all of which is further described below .\non may 21 , 2015 , american amended and restated the 2013 credit agreement pursuant to which it refinanced the 2013 term loan facility ( the $ 1.9 billion 2015 term loan facility and , together with the 2013 revolving facility , the 2013 credit facilities ) to extend the maturity date to june 2020 and reduce the libor margin from 3.00% ( 3.00 % ) to 2.75% ( 2.75 % ) .\nin addition , american entered into certain amendments to reflect the ability for american to make future modifications to the collateral pledged , subject to certain restrictions .\nthe $ 1.9 billion 2015 term loan facility is repayable in annual installments , with the first installment in an amount equal to 1.25% ( 1.25 % ) of the principal amount commencing on june 27 , 2016 and installments thereafter , in an amount equal to 1.0% ( 1.0 % ) of the principal amount , with any unpaid balance due on the maturity date .\nas of december 31 , 2015 , $ 1.9 billion of principal was outstanding under the $ 1.9 billion 2015 term loan facility .\nvoluntary prepayments may be made by american at any time .\non october 10 , 2014 , american and aag amended the 2013 credit agreement to extend the maturity date of the 2013 revolving facility to october 10 , 2019 and increased the commitments thereunder to an aggregate principal amount of $ 1.4 billion while reducing the letter of credit commitments thereunder to $ 300 million .\non october 26 , 2015 , american , aag , us airways group and us airways amended the 2013 credit agreement to extend the maturity date of the 2013 revolving facility to october 10 , 2020 .\nthe 2013 revolving facility provides that american may from time to time borrow , repay and reborrow loans thereunder and have letters of credit issued thereunder .\nas of december 31 , 2015 , there were no borrowings or letters of credit outstanding under the 2013 revolving facility .\nthe 2013 credit facilities bear interest at an index rate plus an applicable index margin or , at american 2019s option , libor ( subject to a floor of 0.75% ( 0.75 % ) , with respect to the $ 1.9 billion 2015 term loan facility ) plus a libor margin of 3.00% ( 3.00 % ) with respect to the 2013 revolving facility and 2.75% ( 2.75 % ) with respect to the $ 1.9 billion 2015 term loan facility ; provided that american 2019s corporate credit rating is ba3 or higher from moody 2019s and bb- or higher from s&p , the applicable libor margin would be 2.50% ( 2.50 % ) for the $ 1.9 billion 2015 term loan .\n\nQuestion: what percentage of total maturities of long-term debt and capital lease obligations are payable in 2019?",
        "solution": "16.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STZ/2010/page_51.pdf\n\nID: STZ/2010/page_51.pdf-3\n\nPrevious Text:\n492010 annual report consolidation 2013 effective february 28 , 2010 , the company adopted the fasb amended guidance for con- solidation .\nthis guidance clarifies that the scope of the decrease in ownership provisions applies to the follow- ing : ( i ) a subsidiary or group of assets that is a business or nonprofit activity ; ( ii ) a subsidiary that is a business or nonprofit activity that is transferred to an equity method investee or joint venture ; and ( iii ) an exchange of a group of assets that constitutes a business or nonprofit activ- ity for a noncontrolling interest in an entity ( including an equity method investee or joint venture ) .\nthis guidance also expands the disclosures about the deconsolidation of a subsidiary or derecognition of a group of assets within the scope of the guidance .\nthe adoption of this guidance did not have a material impact on the company 2019s consolidated financial statements .\n3 . acquisitions : acquisition of bwe 2013 on december 17 , 2007 , the company acquired all of the issued and outstanding capital stock of beam wine estates , inc .\n( 201cbwe 201d ) , an indirect wholly-owned subsidiary of fortune brands , inc. , together with bwe 2019s subsidiaries : atlas peak vineyards , inc. , buena vista winery , inc. , clos du bois , inc. , gary farrell wines , inc .\nand peak wines international , inc .\n( the 201cbwe acquisition 201d ) .\nas a result of the bwe acquisition , the company acquired the u.s .\nwine portfolio of fortune brands , inc. , including certain wineries , vineyards or inter- ests therein in the state of california , as well as various super-premium and fine california wine brands including clos du bois and wild horse .\nthe bwe acquisition sup- ports the company 2019s strategy of strengthening its portfolio with fast-growing super-premium and above wines .\nthe bwe acquisition strengthens the company 2019s position as the leading wine company in the world and the leading premium wine company in the u.s .\ntotal consideration paid in cash was $ 877.3 million .\nin addition , the company incurred direct acquisition costs of $ 1.4 million .\nthe purchase price was financed with the net proceeds from the company 2019s december 2007 senior notes ( as defined in note 11 ) and revolver borrowings under the company 2019s june 2006 credit agreement , as amended in february 2007 and november 2007 ( as defined in note 11 ) .\nin accordance with the purchase method of accounting , the acquired net assets are recorded at fair value at the date of acquisition .\nthe purchase price was based primarily on the estimated future operating results of the bwe business , including the factors described above .\nin june 2008 , the company sold certain businesses consisting of several of the california wineries and wine brands acquired in the bwe acquisition , as well as certain wineries and wine brands from the states of washington and idaho ( collectively , the 201cpacific northwest business 201d ) ( see note 7 ) .\nthe results of operations of the bwe business are reported in the constellation wines segment and are included in the consolidated results of operations of the company from the date of acquisition .\nthe following table summarizes the fair values of the assets acquired and liabilities assumed in the bwe acquisition at the date of acquisition .\n( in millions ) current assets $ 288.4 property , plant and equipment 232.8 .\n\nTable Data:\n[['current assets', '$ 288.4'], ['property plant and equipment', '232.8'], ['goodwill', '334.6'], ['trademarks', '97.9'], ['other assets', '30.2'], ['total assets acquired', '983.9'], ['current liabilities', '103.9'], ['long-term liabilities', '1.3'], ['total liabilities assumed', '105.2'], ['net assets acquired', '$ 878.7']]\n\nFollowing Text:\nother assets 30.2 total assets acquired 983.9 current liabilities 103.9 long-term liabilities 1.3 total liabilities assumed 105.2 net assets acquired $ 878.7 the trademarks are not subject to amortization .\nall of the goodwill is expected to be deductible for tax purposes .\nacquisition of svedka 2013 on march 19 , 2007 , the company acquired the svedka vodka brand ( 201csvedka 201d ) in connection with the acquisition of spirits marque one llc and related business ( the 201csvedka acquisition 201d ) .\nsvedka is a premium swedish vodka .\nat the time of the acquisition , the svedka acquisition supported the company 2019s strategy of expanding the company 2019s premium spirits business and provided a foundation from which the company looked to leverage its existing and future premium spirits portfolio for growth .\nin addition , svedka complemented the company 2019s then existing portfolio of super-premium and value vodka brands by adding a premium vodka brand .\ntotal consideration paid in cash for the svedka acquisition was $ 385.8 million .\nin addition , the company incurred direct acquisition costs of $ 1.3 million .\nthe pur- chase price was financed with revolver borrowings under the company 2019s june 2006 credit agreement , as amended in february 2007 .\nin accordance with the purchase method of accounting , the acquired net assets are recorded at fair value at the date of acquisition .\nthe purchase price was based primarily on the estimated future operating results of the svedka business , including the factors described above .\nthe results of operations of the svedka business are reported in the constellation wines segment and are included in the consolidated results of operations of the company from the date of acquisition. .\n\nQuestion: did the bwe acquisition cost more than the svedka acquisition?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLL/2010/page_90.pdf\n\nID: BLL/2010/page_90.pdf-1\n\nPrevious Text:\npage 77 of 100 ball corporation and subsidiaries notes to consolidated financial statements 18 .\nfinancial instruments and risk management ( continued ) the following table provides the effects of derivative instruments in the consolidated statement of earnings and on accumulated other comprehensive earnings ( loss ) for the year ended december 31: .\n\nTable Data:\n[['( $ in millions )', '2010 cash flow hedge 2013 reclassified amount from other comprehensive earnings ( loss ) 2013 gain ( loss )', '2010 gain ( loss ) on derivatives not designated as hedge instruments', '2010 cash flow hedge 2013 reclassified amount from other comprehensive earnings ( loss ) 2013 gain ( loss )', 'gain ( loss ) on derivatives not designated as hedge instruments'], ['commodity contracts ( a )', '$ -6.4 ( 6.4 )', '$ -0.3 ( 0.3 )', '$ -96.4 ( 96.4 )', '$ -5.1 ( 5.1 )'], ['interest rate contracts ( b )', '-4.9 ( 4.9 )', '2212', '-8.1 ( 8.1 )', '2212'], ['inflation option contracts ( c )', '2013', '-0.9 ( 0.9 )', '2013', '-0.1 ( 0.1 )'], ['foreign exchange contracts ( d )', '-2.3 ( 2.3 )', '0.7', '0.7', '6.5'], ['equity contracts ( e )', '2013', '2013', '2013', '3.2'], ['total', '$ -13.6 ( 13.6 )', '$ -0.5 ( 0.5 )', '$ -103.8 ( 103.8 )', '$ 4.5']]\n\nFollowing Text:\n( a ) gains and losses on commodity contracts are recorded in sales and cost of sales in the statement of earnings .\nvirtually all these expenses were passed through to our customers , resulting in no significant impact to earnings .\n( b ) losses on interest contracts are recorded in interest expense in the statement of earnings .\n( c ) gains and losses on inflation options are recorded in cost of sales in the statement of earnings .\n( d ) gains and losses on foreign currency contracts to hedge the sales of products are recorded in cost of sales .\ngains and losses on foreign currency hedges used for translation between segments are reflected in selling , general and administrative expenses in the consolidated statement of earnings .\n( e ) gains and losses on equity put option contracts are recorded in selling , general and administrative expenses in the consolidated statement of earnings. .\n\nQuestion: for 2010 , foreign exchange contracts were what portion of the reclassification to ordinary income?",
        "solution": "17%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2009/page_116.pdf\n\nID: MSI/2009/page_116.pdf-2\n\nPrevious Text:\ninsurance arrangement .\nas a result of the adoption of this new guidance , the company recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 45 million with the offset reflected as a cumulative-effect adjustment to january 1 , 2008 retained earnings and accumulated other comprehensive income ( loss ) in the amounts of $ 4 million and $ 41 million , respectively , in the company 2019s consolidated statement of stockholders 2019 equity .\nit is currently expected that minimal , if any , further cash payments will be required to fund these policies .\nthe net periodic cost for these split-dollar life insurance arrangements was $ 6 million in both the years ended december 31 , 2009 and 2008 .\nthe company has recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 48 million and $ 47 million as of december 31 , 2009 and december 31 , 2008 , respectively .\ndefined contribution plan the company and certain subsidiaries have various defined contribution plans , in which all eligible employees participate .\nin the u.s. , the 401 ( k ) plan is a contributory plan .\nmatching contributions are based upon the amount of the employees 2019 contributions .\neffective january 1 , 2005 , newly hired employees have a higher maximum matching contribution at 4% ( 4 % ) on the first 5% ( 5 % ) of employee contributions , compared to 3% ( 3 % ) on the first 6% ( 6 % ) of employee contributions for employees hired prior to january 2005 .\neffective january 1 , 2009 , the company temporarily suspended all matching contributions to the motorola 401 ( k ) plan .\nthe company 2019s expenses , primarily relating to the employer match , for all defined contribution plans , for the years ended december 31 , 2009 , 2008 and 2007 were $ 8 million , $ 95 million and $ 116 million , respectively .\n8 .\nshare-based compensation plans and other incentive plans stock options , stock appreciation rights and employee stock purchase plan the company grants options to acquire shares of common stock to certain employees , and existing option holders in connection with the merging of option plans following an acquisition .\neach option granted and stock appreciation right has an exercise price of no less than 100% ( 100 % ) of the fair market value of the common stock on the date of the grant .\nthe awards have a contractual life of five to ten years and vest over two to four years .\nstock options and stock appreciation rights assumed or replaced with comparable stock options or stock appreciation rights in conjunction with a change in control only become exercisable if the holder is also involuntarily terminated ( for a reason other than cause ) or quits for good reason within 24 months of a change in control .\nthe employee stock purchase plan allows eligible participants to purchase shares of the company 2019s common stock through payroll deductions of up to 10% ( 10 % ) of eligible compensation on an after-tax basis .\nplan participants cannot purchase more than $ 25000 of stock in any calendar year .\nthe price an employee pays per share is 85% ( 85 % ) of the lower of the fair market value of the company 2019s stock on the close of the first trading day or last trading day of the purchase period .\nthe plan has two purchase periods , the first one from october 1 through march 31 and the second one from april 1 through september 30 .\nfor the years ended december 31 , 2009 , 2008 and 2007 , employees purchased 29.4 million , 18.9 million and 10.2 million shares , respectively , at purchase prices of $ 3.60 and $ 3.68 , $ 7.91 and $ 6.07 , and $ 14.93 and $ 15.02 , respectively .\nthe company calculates the value of each employee stock option , estimated on the date of grant , using the black-scholes option pricing model .\nthe weighted-average estimated fair value of employee stock options granted during 2009 , 2008 and 2007 was $ 2.78 , $ 3.47 and $ 5.95 , respectively , using the following weighted-average assumptions : 2009 2008 2007 .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['expected volatility', '57.1% ( 57.1 % )', '56.4% ( 56.4 % )', '28.3% ( 28.3 % )'], ['risk-free interest rate', '1.9% ( 1.9 % )', '2.4% ( 2.4 % )', '4.5% ( 4.5 % )'], ['dividend yield', '0.0% ( 0.0 % )', '2.7% ( 2.7 % )', '1.1% ( 1.1 % )'], ['expected life ( years )', '3.9', '5.5', '6.5']]\n\nFollowing Text:\n.\n\nQuestion: what is the percent change in weighted-average estimated fair value of employee stock options between 2007 and 2008?",
        "solution": "-42%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_373.pdf\n\nID: ETR/2017/page_373.pdf-2\n\nPrevious Text:\n2016 compared to 2015 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 ) .\nfollowing is an analysis of the change in net revenue comparing 2016 to 2015 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2015 net revenue', '$ 696.3'], ['retail electric price', '12.9'], ['volume/weather', '4.7'], ['net wholesale revenue', '-2.4 ( 2.4 )'], ['reserve equalization', '-2.8 ( 2.8 )'], ['other', '-3.3 ( 3.3 )'], ['2016 net revenue', '$ 705.4']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to a $ 19.4 million net annual increase in revenues , as approved by the mpsc , effective with the first billing cycle of july 2016 , and an increase in revenues collected through the storm damage rider . a0 see note 2 to the financial statements for more discussion of the formula rate plan and the storm damage rider .\nthe volume/weather variance is primarily due to an increase of 153 gwh , or 1% ( 1 % ) , in billed electricity usage , including an increase in industrial usage , partially offset by the effect of less favorable weather on residential and commercial sales .\nthe increase in industrial usage is primarily due to expansion projects in the pulp and paper industry , increased demand for existing customers , primarily in the metals industry , and new customers in the wood products industry .\nthe net wholesale revenue variance is primarily due to entergy mississippi 2019s exit from the system agreement in november 2015 .\nthe reserve equalization revenue variance is primarily due to the absence of reserve equalization revenue as compared to the same period in 2015 resulting from entergy mississippi 2019s exit from the system agreement in november other income statement variances 2017 compared to 2016 other operation and maintenance expenses decreased primarily due to : 2022 a decrease of $ 12 million in fossil-fueled generation expenses primarily due to lower long-term service agreement costs and a lower scope of work done during plant outages in 2017 as compared to the same period in 2016 ; and 2022 a decrease of $ 3.6 million in storm damage provisions .\nsee note 2 to the financial statements for a discussion on storm cost recovery .\nthe decrease was partially offset by an increase of $ 4.8 million in energy efficiency costs and an increase of $ 2.7 million in compensation and benefits costs primarily due to higher incentive-based compensation accruals in 2017 as compared to the prior year .\nentergy mississippi , inc .\nmanagement 2019s financial discussion and analysis .\n\nQuestion: in 2016 what was the percentage change in net revenue",
        "solution": "1.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2008/page_218.pdf\n\nID: CB/2008/page_218.pdf-2\n\nPrevious Text:\nn o t e s t o c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries the following table shows changes in the company 2019s restricted stock for the years ended december 31 , 2008 , 2007 , and 2006 : number of restricted stock weighted average grant- date fair value .\n\nTable Data:\n[['', 'number of restricted stock', 'weighted average grant- date fair value'], ['unvested restricted stock december 31 2005', '3488668', '$ 41.26'], ['granted', '1632504', '$ 56.05'], ['vested and issued', '-1181249 ( 1181249 )', '$ 40.20'], ['forfeited', '-360734 ( 360734 )', '$ 44.04'], ['unvested restricted stock december 31 2006', '3579189', '$ 48.07'], ['granted', '1818716', '$ 56.45'], ['vested and issued', '-1345412 ( 1345412 )', '$ 44.48'], ['forfeited', '-230786 ( 230786 )', '$ 51.57'], ['unvested restricted stock december 31 2007', '3821707', '$ 53.12'], ['granted', '1836532', '$ 59.84'], ['vested and issued', '-1403826 ( 1403826 )', '$ 50.96'], ['forfeited', '-371183 ( 371183 )', '$ 53.75'], ['unvested restricted stock december 31 2008', '3883230', '$ 57.01']]\n\nFollowing Text:\nunder the provisions of fas 123r , the recognition of deferred compensation , a contra-equity account representing the amount of unrecognized restricted stock expense that is reduced as expense is recognized , at the date restricted stock is granted is no longer permitted .\ntherefore , upon adoption of fas 123r , the amount of deferred compensation that had been reflected in unearned stock grant compensation was reclassified to additional paid-in capital in the company 2019s consolidated balance sheet .\nrestricted stock units the company 2019s 2004 ltip also provides for grants of other awards , including restricted stock units .\nthe company generally grants restricted stock units with a 4-year vesting period , based on a graded vesting schedule .\neach restricted stock unit repre- sents the company 2019s obligation to deliver to the holder one share of common shares upon vesting .\nduring 2008 , the company awarded 223588 restricted stock units to officers of the company and its subsidiaries with a weighted-average grant date fair value of $ 59.93 .\nduring 2007 , 108870 restricted stock units , with a weighted-average grant date fair value of $ 56.29 were awarded to officers of the company and its subsidiaries .\nduring 2006 , 83370 restricted stock units , with a weighted-average grant date fair value of $ 56.36 were awarded to officers of the company and its subsidiaries .\nthe company also grants restricted stock units with a 1-year vesting period to non-management directors .\ndelivery of common shares on account of these restricted stock units to non-management directors is deferred until six months after the date of the non-management directors 2019 termination from the board .\nduring 2008 , 2007 , and 2006 , 40362 restricted stock units , 29676 restricted stock units , and 23092 restricted stock units , respectively , were awarded to non-management direc- the espp gives participating employees the right to purchase common shares through payroll deductions during consecutive 201csubscription periods . 201d annual purchases by participants are limited to the number of whole shares that can be purchased by an amount equal to ten percent of the participant 2019s compensation or $ 25000 , whichever is less .\nthe espp has two six-month subscription periods , the first of which runs between january 1 and june 30 and the second of which runs between july 1 and december 31 of each year .\nthe amounts that have been collected from participants during a subscription period are used on the 201cexercise date 201d to purchase full shares of common shares .\nan exercise date is generally the last trading day of a sub- scription period .\nthe number of shares purchased is equal to the total amount , as of the exercise date , that has been collected from the participants through payroll deductions for that subscription period , divided by the 201cpurchase price 201d , rounded down to the next full share .\neffective for and from the second subscription period of 2007 , the purchase price is 85 percent of the fair value of a common share on the exercise date .\nprior to the second subscription period of 2007 , the purchase price was calculated as the lower of ( i ) 85 percent of the fair value of a common share on the first day of the subscription period , or .\n\nQuestion: what is the net change in the number of unvested restricted stocks in 2008?",
        "solution": "61523"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EOG/2016/page_74.pdf\n\nID: EOG/2016/page_74.pdf-2\n\nPrevious Text:\nthe principal components of eog's rollforward of valuation allowances for deferred tax assets were as follows ( in thousands ) : .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['beginning balance', '$ 506127', '$ 463018', '$ 223599'], ['increase ( 1 )', '37221', '146602', '392729'], ['decrease ( 2 )', '-12667 ( 12667 )', '-4315 ( 4315 )', '-1424 ( 1424 )'], ['other ( 3 )', '-147460 ( 147460 )', '-99178 ( 99178 )', '-151886 ( 151886 )'], ['ending balance', '$ 383221', '$ 506127', '$ 463018']]\n\nFollowing Text:\n( 1 ) increase in valuation allowance related to the generation of tax net operating losses and other deferred tax assets .\n( 2 ) decrease in valuation allowance associated with adjustments to certain deferred tax assets and their related allowance .\n( 3 ) represents dispositions/revisions/foreign exchange rate variances and the effect of statutory income tax rate changes .\nthe balance of unrecognized tax benefits at december 31 , 2016 , was $ 36 million , of which $ 2 million may potentially have an earnings impact .\neog records interest and penalties related to unrecognized tax benefits to its income tax provision .\ncurrently , $ 2 million of interest has been recognized in the consolidated statements of income and comprehensive income .\neog does not anticipate that the amount of the unrecognized tax benefits will significantly change during the next twelve months .\neog and its subsidiaries file income tax returns and are subject to tax audits in the united states and various state , local and foreign jurisdictions .\neog's earliest open tax years in its principal jurisdictions are as follows : united states federal ( 2011 ) , canada ( 2012 ) , united kingdom ( 2015 ) , trinidad ( 2010 ) and china ( 2008 ) .\neog's foreign subsidiaries' undistributed earnings of approximately $ 2 billion at december 31 , 2016 , are no longer considered to be permanently reinvested outside the united states and , accordingly , eog has cumulatively recorded $ 280 million of united states federal , foreign and state deferred income taxes .\neog changed its permanent reinvestment assertion in 2014 .\nin 2016 , eog's alternative minimum tax ( amt ) credits were reduced by $ 21 million mostly as a result of carry-back claims and certain elections .\nremaining amt credits of $ 758 million , resulting from amt paid in prior years , will be carried forward indefinitely until they are used to offset regular income taxes in future periods .\nthe ability of eog to utilize these amt credit carryforwards to reduce federal income taxes may become subject to various limitations under the internal revenue code .\nsuch limitations may arise if certain ownership changes ( as defined for income tax purposes ) were to occur .\nas of december 31 , 2016 , eog had state income tax net operating losses ( nols ) being carried forward of approximately $ 1.6 billion , which , if unused , expire between 2017 and 2035 .\nduring 2016 , eog's united kingdom subsidiary incurred a tax nol of approximately $ 38 million which , along with prior years' nols of $ 740 million , will be carried forward indefinitely .\nas described above , these nols have been evaluated for the likelihood of future utilization , and valuation allowances have been established for the portion of these deferred tax assets that do not meet the \"more likely than not\" threshold .\n7 .\nemployee benefit plans stock-based compensation during 2016 , eog maintained various stock-based compensation plans as discussed below .\neog recognizes compensation expense on grants of stock options , sars , restricted stock and restricted stock units , performance units and performance stock , and grants made under the eog resources , inc .\nemployee stock purchase plan ( espp ) .\nstock-based compensation expense is calculated based upon the grant date estimated fair value of the awards , net of forfeitures , based upon eog's historical employee turnover rate .\ncompensation expense is amortized over the shorter of the vesting period or the period from date of grant until the date the employee becomes eligible to retire without company approval. .\n\nQuestion: what is the lowest beginning balance observed during 2014-2016?",
        "solution": "223599"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2015/page_72.pdf\n\nID: HWM/2015/page_72.pdf-2\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .\nthe company 2019s common stock is listed on the new york stock exchange where it trades under the symbol aa .\nthe company 2019s quarterly high and low trading stock prices and dividends per common share for 2015 and 2014 are shown below. .\n\nTable Data:\n[['quarter', '2015 high', '2015 low', '2015 dividend', '2015 high', '2015 low', 'dividend'], ['first', '$ 17.10', '$ 12.65', '$ 0.03', '$ 12.97', '$ 9.82', '$ 0.03'], ['second', '14.29', '11.15', '0.03', '15.18', '12.34', '0.03'], ['third', '11.23', '7.97', '0.03', '17.36', '14.56', '0.03'], ['fourth', '11.18', '7.81', '0.03', '17.75', '13.71', '0.03'], ['year', '17.10', '7.81', '$ 0.12', '17.75', '9.82', '$ 0.12']]\n\nFollowing Text:\nthe number of holders of record of common stock was approximately 10101 as of february 11 , 2016. .\n\nQuestion: considering the fourth quarter , what is the variation between the low trading stock prices during 2014 and 2015?",
        "solution": "5.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2015/page_18.pdf\n\nID: ETR/2015/page_18.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries management 2019s financial discussion and analysis the miso deferral variance is primarily due to the deferral in 2014 of non-fuel miso-related charges , as approved by the lpsc and the mpsc .\nthe deferral of non-fuel miso-related charges is partially offset in other operation and maintenance expenses .\nsee note 2 to the financial statements for further discussion of the recovery of non-fuel miso-related charges .\nthe waterford 3 replacement steam generator provision is due to a regulatory charge of approximately $ 32 million recorded in 2015 related to the uncertainty associated with the resolution of the waterford 3 replacement steam generator project .\nsee note 2 to the financial statements for a discussion of the waterford 3 replacement steam generator prudence review proceeding .\nentergy wholesale commodities following is an analysis of the change in net revenue comparing 2015 to 2014 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2014 net revenue', '$ 2224'], ['nuclear realized price changes', '-310 ( 310 )'], ['vermont yankee shutdown in december 2014', '-305 ( 305 )'], ['nuclear volume excluding vermont yankee effect', '20'], ['other', '37'], ['2015 net revenue', '$ 1666']]\n\nFollowing Text:\nas shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 558 million in 2015 primarily due to : 2022 lower realized wholesale energy prices , primarily due to significantly higher northeast market power prices in 2014 , and lower capacity prices in 2015 ; and 2022 a decrease in net revenue as a result of vermont yankee ceasing power production in december 2014 .\nthe decrease was partially offset by higher volume in the entergy wholesale commodities nuclear fleet , excluding vermont yankee , resulting from fewer refueling outage days in 2015 as compared to 2014 , partially offset by more unplanned outage days in 2015 as compared to 2014. .\n\nQuestion: what was the percent of the decline in the net revenue in 2015",
        "solution": "25.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2012/page_93.pdf\n\nID: JPM/2012/page_93.pdf-4\n\nPrevious Text:\njpmorgan chase & co./2012 annual report 103 2011 compared with 2010 net income was $ 822 million , compared with $ 1.3 billion in the prior year .\nprivate equity reported net income of $ 391 million , compared with $ 588 million in the prior year .\nnet revenue was $ 836 million , a decrease of $ 403 million , primarily related to net write-downs on private investments and the absence of prior year gains on sales .\nnoninterest expense was $ 238 million , a decrease of $ 85 million from the prior treasury and cio reported net income of $ 1.3 billion , compared with net income of $ 3.6 billion in the prior year .\nnet revenue was $ 3.2 billion , including $ 1.4 billion of security gains .\nnet interest income in 2011 was lower compared with 2010 , primarily driven by repositioning of the investment securities portfolio and lower funding benefits from financing the portfolio .\nother corporate reported a net loss of $ 918 million , compared with a net loss of $ 2.9 billion in the prior year .\nnet revenue was $ 103 million , compared with a net loss of $ 467 million in the prior year .\nnoninterest expense was $ 2.9 billion which included $ 3.2 billion of additional litigation reserves , predominantly for mortgage-related matters .\nnoninterest expense in the prior year was $ 5.5 billion which included $ 5.7 billion of additional litigation reserves .\ntreasury and cio overview treasury and cio are predominantly responsible for measuring , monitoring , reporting and managing the firm 2019s liquidity , funding , capital and structural interest rate and foreign exchange risks .\nthe risks managed by treasury and cio arise from the activities undertaken by the firm 2019s four major reportable business segments to serve their respective client bases , which generate both on- and off- balance sheet assets and liabilities .\ntreasury is responsible for , among other functions , funds transfer pricing .\nfunds transfer pricing is used to transfer structural interest rate risk and foreign exchange risk of the firm to treasury and cio and allocate interest income and expense to each business based on market rates .\ncio , through its management of the investment portfolio , generates net interest income to pay the lines of business market rates .\nany variance ( whether positive or negative ) between amounts generated by cio through its investment portfolio activities and amounts paid to or received by the lines of business are retained by cio , and are not reflected in line of business segment results .\ntreasury and cio activities operate in support of the overall firm .\ncio achieves the firm 2019s asset-liability management objectives generally by investing in high-quality securities that are managed for the longer-term as part of the firm 2019s afs investment portfolio .\nunrealized gains and losses on securities held in the afs portfolio are recorded in other comprehensive income .\nfor further information about securities in the afs portfolio , see note 3 and note 12 on pages 196 2013214 and 244 2013248 , respectively , of this annual report .\ncio also uses securities that are not classified within the afs portfolio , as well as derivatives , to meet the firm 2019s asset-liability management objectives .\nsecurities not classified within the afs portfolio are recorded in trading assets and liabilities ; realized and unrealized gains and losses on such securities are recorded in the principal transactions revenue line in the consolidated statements of income .\nfor further information about securities included in trading assets and liabilities , see note 3 on pages 196 2013214 of this annual report .\nderivatives used by cio are also classified as trading assets and liabilities .\nfor further information on derivatives , including the classification of realized and unrealized gains and losses , see note 6 on pages 218 2013227 of this annual report .\ncio 2019s afs portfolio consists of u.s .\nand non-u.s .\ngovernment securities , agency and non-agency mortgage-backed securities , other asset-backed securities and corporate and municipal debt securities .\ntreasury 2019s afs portfolio consists of u.s .\nand non-u.s .\ngovernment securities and corporate debt securities .\nat december 31 , 2012 , the total treasury and cio afs portfolios were $ 344.1 billion and $ 21.3 billion , respectively ; the average credit rating of the securities comprising the treasury and cio afs portfolios was aa+ ( based upon external ratings where available and where not available , based primarily upon internal ratings that correspond to ratings as defined by s&p and moody 2019s ) .\nsee note 12 on pages 244 2013248 of this annual report for further information on the details of the firm 2019s afs portfolio .\nfor further information on liquidity and funding risk , see liquidity risk management on pages 127 2013133 of this annual report .\nfor information on interest rate , foreign exchange and other risks , and cio var and the firm 2019s nontrading interest rate-sensitive revenue at risk , see market risk management on pages 163 2013169 of this annual report .\nselected income statement and balance sheet data as of or for the year ended december 31 , ( in millions ) 2012 2011 2010 securities gains ( a ) $ 2028 $ 1385 $ 2897 investment securities portfolio ( average ) 358029 330885 323673 investment securities portfolio ( period 2013end ) 365421 355605 310801 .\n\nTable Data:\n[['as of or for the year ended december 31 ( in millions )', '2012', '2011', '2010'], ['securities gains ( a )', '$ 2028', '$ 1385', '$ 2897'], ['investment securities portfolio ( average )', '358029', '330885', '323673'], ['investment securities portfolio ( period 2013end )', '365421', '355605', '310801'], ['mortgage loans ( average )', '10241', '13006', '9004'], ['mortgage loans ( period-end )', '7037', '13375', '10739']]\n\nFollowing Text:\n( a ) reflects repositioning of the investment securities portfolio. .\n\nQuestion: what was the private equity bussiness arm's 2011 efficiency ratio?",
        "solution": "28.47%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2009/page_78.pdf\n\nID: RSG/2009/page_78.pdf-1\n\nPrevious Text:\nfailure to comply with the financial and other covenants under our credit facilities , as well as the occurrence of certain material adverse events , would constitute defaults and would allow the lenders under our credit facilities to accelerate the maturity of all indebtedness under the related agreements .\nthis could also have an adverse impact on the availability of financial assurances .\nin addition , maturity acceleration on our credit facilities constitutes an event of default under our other debt instruments , including our senior notes , and , therefore , our senior notes would also be subject to acceleration of maturity .\nif such acceleration were to occur , we would not have sufficient liquidity available to repay the indebtedness .\nwe would likely have to seek an amendment under our credit facilities for relief from the financial covenants or repay the debt with proceeds from the issuance of new debt or equity , or asset sales , if necessary .\nwe may be unable to amend our credit facilities or raise sufficient capital to repay such obligations in the event the maturities are accelerated .\nfinancial assurance we are required to provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts .\nwe satisfy these financial assurance requirements by providing surety bonds , letters of credit , insurance policies or trust deposits .\nthe amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations .\nthe financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill .\ngenerally , states will require a third-party engineering specialist to determine the estimated capping , closure and post- closure costs that are used to determine the required amount of financial assurance for a landfill .\nthe amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s .\ngaap .\nthe amount of the financial assurance requirements related to contract performance varies by contract .\nadditionally , we are required to provide financial assurance for our insurance program and collateral for certain performance obligations .\nwe do not expect a material increase in financial assurance requirements during 2010 , although the mix of financial assurance instruments may change .\nthese financial instruments are issued in the normal course of business and are not debt of our company .\nsince we currently have no liability for these financial assurance instruments , they are not reflected in our consolidated balance sheets .\nhowever , we record capping , closure and post-closure liabilities and self-insurance liabilities as they are incurred .\nthe underlying obligations of the financial assurance instruments , in excess of those already reflected in our consolidated balance sheets , would be recorded if it is probable that we would be unable to fulfill our related obligations .\nwe do not expect this to occur .\noff-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than financial assurance instruments and operating leases that are not classified as debt .\nwe do not guarantee any third-party debt .\nfree cash flow we define free cash flow , which is not a measure determined in accordance with u.s .\ngaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment as presented in our consolidated statements of cash flows .\nour free cash flow for the years ended december 31 , 2009 , 2008 and 2007 is calculated as follows ( in millions ) : .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['cash provided by operating activities', '$ 1396.5', '$ 512.2', '$ 661.3'], ['purchases of property and equipment', '-826.3 ( 826.3 )', '-386.9 ( 386.9 )', '-292.5 ( 292.5 )'], ['proceeds from sales of property and equipment', '31.8', '8.2', '6.1'], ['free cash flow', '$ 602.0', '$ 133.5', '$ 374.9']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in the free cash flow from 2008 to 2009 in millions",
        "solution": "468.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2016/page_75.pdf\n\nID: BLK/2016/page_75.pdf-3\n\nPrevious Text:\n2016 compared with 2015 net gains on investments of $ 57 million in 2016 decreased $ 52 million from 2015 due to lower net gains in 2016 .\nnet gains on investments in 2015 included a $ 40 million gain related to the bkca acquisition and a $ 35 million unrealized gain on a private equity investment .\ninterest and dividend income increased $ 14 million from 2015 primarily due to higher dividend income in 2016 .\n2015 compared with 2014 net gains on investments of $ 109 million in 2015 decreased $ 45 million from 2014 due to lower net gains in 2015 .\nnet gains on investments in 2015 included a $ 40 million gain related to the bkca acquisition and a $ 35 million unrealized gain on a private equity investment .\nnet gains on investments in 2014 included the positive impact of the monetization of a nonstrategic , opportunistic private equity investment .\ninterest expense decreased $ 28 million from 2014 primarily due to repayments of long-term borrowings in the fourth quarter of 2014 .\nincome tax expense .\n\nTable Data:\n[['( in millions )', 'gaap 2016', 'gaap 2015', 'gaap 2014', 'gaap 2016', 'gaap 2015', '2014'], ['operating income ( 1 )', '$ 4570', '$ 4664', '$ 4474', '$ 4674', '$ 4695', '$ 4563'], ['total nonoperating income ( expense ) ( 1 ) ( 2 )', '-108 ( 108 )', '-69 ( 69 )', '-49 ( 49 )', '-108 ( 108 )', '-70 ( 70 )', '-56 ( 56 )'], ['income before income taxes ( 2 )', '$ 4462', '$ 4595', '$ 4425', '$ 4566', '$ 4625', '$ 4507'], ['income tax expense', '$ 1290', '$ 1250', '$ 1131', '$ 1352', '$ 1312', '$ 1197'], ['effective tax rate', '28.9% ( 28.9 % )', '27.2% ( 27.2 % )', '25.6% ( 25.6 % )', '29.6% ( 29.6 % )', '28.4% ( 28.4 % )', '26.6% ( 26.6 % )']]\n\nFollowing Text:\n( 1 ) see non-gaap financial measures for further information on and reconciliation of as adjusted items .\n( 2 ) net of net income ( loss ) attributable to nci .\nthe company 2019s tax rate is affected by tax rates in foreign jurisdictions and the relative amount of income earned in those jurisdictions , which the company expects to be fairly consistent in the near term .\nthe significant foreign jurisdictions that have lower statutory tax rates than the u.s .\nfederal statutory rate of 35% ( 35 % ) include the united kingdom , channel islands , ireland and canada .\nu.s .\nincome taxes were not provided for certain undistributed foreign earnings intended to be indefinitely reinvested outside the united states .\n2016 .\nincome tax expense ( gaap ) reflected : 2022 a net noncash benefit of $ 30 million , primarily associated with the revaluation of certain deferred income tax liabilities ; and 2022 a benefit from $ 65 million of nonrecurring items , including the resolution of certain outstanding tax matters .\nthe as adjusted effective tax rate of 29.6% ( 29.6 % ) for 2016 excluded the net noncash benefit of $ 30 million mentioned above , as it will not have a cash flow impact and to ensure comparability among periods presented .\n2015 .\nincome tax expense ( gaap ) reflected : 2022 a net noncash benefit of $ 54 million , primarily associated with the revaluation of certain deferred income tax liabilities ; and 2022 a benefit from $ 75 million of nonrecurring items , primarily due to the realization of losses from changes in the company 2019s organizational tax structure and the resolution of certain outstanding tax matters .\nthe as adjusted effective tax rate of 28.4% ( 28.4 % ) for 2015 excluded the net noncash benefit of $ 54 million mentioned above , as it will not have a cash flow impact and to ensure comparability among periods presented .\n2014 .\nincome tax expense ( gaap ) reflected : 2022 a $ 94 million tax benefit , primarily due to the resolution of certain outstanding tax matters related to the acquisition of bgi , including the previously mentioned $ 50 million tax benefit ( see executive summary for more information ) ; 2022 a $ 73 million net tax benefit related to several favorable nonrecurring items ; and 2022 a net noncash benefit of $ 9 million associated with the revaluation of deferred income tax liabilities .\nthe as adjusted effective tax rate of 26.6% ( 26.6 % ) for 2014 excluded the $ 9 million net noncash benefit as it will not have a cash flow impact and to ensure comparability among periods presented and the $ 50 million tax benefit mentioned above .\nthe $ 50 million general and administrative expense and $ 50 million tax benefit have been excluded from as adjusted results as there is no impact on blackrock 2019s book value .\nbalance sheet overview as adjusted balance sheet the following table presents a reconciliation of the consolidated statement of financial condition presented on a gaap basis to the consolidated statement of financial condition , excluding the impact of separate account assets and separate account collateral held under securities lending agreements ( directly related to lending separate account securities ) and separate account liabilities and separate account collateral liabilities under securities lending agreements and consolidated sponsored investment funds , including consolidated vies .\nthe company presents the as adjusted balance sheet as additional information to enable investors to exclude certain .\n\nQuestion: what is the growth rate in operating income from 2015 to 2016?",
        "solution": "-2.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2015/page_83.pdf\n\nID: PKG/2015/page_83.pdf-2\n\nPrevious Text:\ninterest expense related to capital lease obligations was $ 1.6 million during the year ended december 31 , 2015 , and $ 1.6 million during both the years ended december 31 , 2014 and 2013 .\npurchase commitments in the table below , we set forth our enforceable and legally binding purchase obligations as of december 31 , 2015 .\nsome of the amounts are based on management 2019s estimates and assumptions about these obligations , including their duration , the possibility of renewal , anticipated actions by third parties , and other factors .\nbecause these estimates and assumptions are necessarily subjective , our actual payments may vary from those reflected in the table .\npurchase orders made in the ordinary course of business are excluded below .\nany amounts for which we are liable under purchase orders are reflected on the consolidated balance sheets as accounts payable and accrued liabilities .\nthese obligations relate to various purchase agreements for items such as minimum amounts of fiber and energy purchases over periods ranging from one year to 20 years .\ntotal purchase commitments were as follows ( dollars in millions ) : .\n\nTable Data:\n[['2016', '$ 95.3'], ['2017', '60.3'], ['2018', '28.0'], ['2019', '28.0'], ['2020', '23.4'], ['thereafter', '77.0'], ['total', '$ 312.0']]\n\nFollowing Text:\nthe company purchased a total of $ 299.6 million , $ 265.9 million , and $ 61.7 million during the years ended december 31 , 2015 , 2014 , and 2013 , respectively , under these purchase agreements .\nthe increase in purchases the increase in purchases under these agreements in 2014 , compared with 2013 , relates to the acquisition of boise in fourth quarter 2013 .\nenvironmental liabilities the potential costs for various environmental matters are uncertain due to such factors as the unknown magnitude of possible cleanup costs , the complexity and evolving nature of governmental laws and regulations and their interpretations , and the timing , varying costs and effectiveness of alternative cleanup technologies .\nfrom 2006 through 2015 , there were no significant environmental remediation costs at pca 2019s mills and corrugated plants .\nat december 31 , 2015 , the company had $ 24.3 million of environmental-related reserves recorded on its consolidated balance sheet .\nof the $ 24.3 million , approximately $ 15.8 million related to environmental-related asset retirement obligations discussed in note 12 , asset retirement obligations , and $ 8.5 million related to our estimate of other environmental contingencies .\nthe company recorded $ 7.9 million in 201caccrued liabilities 201d and $ 16.4 million in 201cother long-term liabilities 201d on the consolidated balance sheet .\nliabilities recorded for environmental contingencies are estimates of the probable costs based upon available information and assumptions .\nbecause of these uncertainties , pca 2019s estimates may change .\nthe company believes that it is not reasonably possible that future environmental expenditures for remediation costs and asset retirement obligations above the $ 24.3 million accrued as of december 31 , 2015 , will have a material impact on its financial condition , results of operations , or cash flows .\nguarantees and indemnifications we provide guarantees , indemnifications , and other assurances to third parties in the normal course of our business .\nthese include tort indemnifications , environmental assurances , and representations and warranties in commercial agreements .\nat december 31 , 2015 , we are not aware of any material liabilities arising from any guarantee , indemnification , or financial assurance we have provided .\nif we determined such a liability was probable and subject to reasonable determination , we would accrue for it at that time. .\n\nQuestion: what percentage of total purchase commitments are due in 2016?",
        "solution": "31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2008/page_86.pdf\n\nID: ZBH/2008/page_86.pdf-1\n\nPrevious Text:\ndepreciation and amortization included in operating segment profit for the years ended december 31 , 2008 , 2007 and 2006 was as follows ( in millions ) : .\n\nTable Data:\n[['', '2008', '2007', '2006'], ['americas', '$ 78.5', '$ 66.9', '$ 56.7'], ['europe', '57.0', '60.7', '46.5'], ['asia pacific', '25.6', '22.7', '18.7'], ['global operations and corporate functions', '114.0', '79.7', '75.5'], ['total', '$ 275.1', '$ 230.0', '$ 197.4']]\n\nFollowing Text:\n15 .\nleases future minimum rental commitments under non- cancelable operating leases in effect as of december 31 , 2008 were $ 38.2 million for 2009 , $ 30.1 million for 2010 , $ 20.9 million for 2011 , $ 15.9 million for 2012 , $ 14.3 million for 2013 and $ 29.9 million thereafter .\ntotal rent expense for the years ended december 31 , 2008 , 2007 and 2006 aggregated $ 41.4 million , $ 37.1 million and $ 31.1 million , respectively .\n16 .\ncommitments and contingencies intellectual property and product liability-related litigation in july 2008 , we temporarily suspended marketing and distribution of the durom bb acetabular component ( durom cup ) in the u.s .\nto allow us to update product labeling to provide more detailed surgical technique problems to surgeons and implement a surgical training program in the u.s .\nfollowing our announcement , product liability lawsuits and other claims have been asserted against us , some of which we have settled .\nthere are a number of claims still pending and we expect additional claims will be submitted .\nwe recorded a provision of $ 47.5 million in the third quarter of 2008 , representing management 2019s estimate of these durom cup-related claims .\nwe increased that provision by $ 21.5 million in the fourth quarter of 2008 .\nthe provision is limited to revisions within two years of an original surgery that occurred prior to july 2008 .\nthese parameters are consistent with our data which indicates that cup loosenings associated with surgical technique are most likely to occur within that time period .\nany claims received outside of these defined parameters will be managed in the normal course and reflected in our standard product liability accruals .\non february 15 , 2005 , howmedica osteonics corp .\nfiled an action against us and an unrelated party in the united states district court for the district of new jersey alleging infringement of u.s .\npatent nos .\n6174934 ; 6372814 ; 6664308 ; and 6818020 .\non june 13 , 2007 , the court granted our motion for summary judgment on the invalidity of the asserted claims of u.s .\npatent nos .\n6174934 ; 6372814 ; and 6664308 by ruling that all of the asserted claims are invalid for indefiniteness .\non august 19 , 2008 , the court granted our motion for summary judgment of non- infringement of certain claims of u.s .\npatent no .\n6818020 , reducing the number of claims at issue in the suit to five .\nwe continue to believe that our defenses against infringement of the remaining claims are valid and meritorious , and we intend to defend this lawsuit vigorously .\nin addition to certain claims related to the durom cup discussed above , we are also subject to product liability and other claims and lawsuits arising in the ordinary course of business , for which we maintain insurance , subject to self- insured retention limits .\nwe establish accruals for product liability and other claims in conjunction with outside counsel based on current information and historical settlement information for open claims , related fees and claims incurred but not reported .\nwhile it is not possible to predict with certainty the outcome of these cases , it is the opinion of management that , upon ultimate resolution , liabilities from these cases in excess of those recorded , if any , will not have a material adverse effect on our consolidated financial position , results of operations or cash flows .\ngovernment investigations in march 2005 , the u.s .\ndepartment of justice through the u.s .\nattorney 2019s office in newark , new jersey commenced an investigation of us and four other orthopaedic companies pertaining to consulting contracts , professional service agreements and other agreements by which remuneration is provided to orthopaedic surgeons .\non september 27 , 2007 , we reached a settlement with the government to resolve all claims related to this investigation .\nas part of the settlement , we entered into a settlement agreement with the u.s .\nthrough the u.s .\ndepartment of justice and the office of inspector general of the department of health and human services ( the 201coig-hhs 201d ) .\nin addition , we entered into a deferred prosecution agreement ( the 201cdpa 201d ) with the u.s .\nattorney 2019s office for the district of new jersey ( the 201cu.s .\nattorney 201d ) and a corporate integrity agreement ( the 201ccia 201d ) with the oig- hhs .\nwe did not admit any wrongdoing , plead guilty to any criminal charges or pay any criminal fines as part of the settlement .\nwe settled all civil and administrative claims related to the federal investigation by making a settlement payment to the u.s .\ngovernment of $ 169.5 million .\nunder the terms of the dpa , the u.s .\nattorney filed a criminal complaint in the u.s .\ndistrict court for the district of new jersey charging us with conspiracy to commit violations of the anti-kickback statute ( 42 u.s.c .\na7 1320a-7b ) during the years 2002 through 2006 .\nthe court deferred prosecution of the criminal complaint during the 18-month term of the dpa .\nthe u.s .\nattorney will seek dismissal of the criminal complaint after the 18-month period if we comply with the provisions of the dpa .\nthe dpa provides for oversight by a federally-appointed monitor .\nunder the cia , which has a term of five years , we agreed , among other provisions , to continue the operation of our enhanced corporate compliance program , designed to promote compliance with federal healthcare program z i m m e r h o l d i n g s , i n c .\n2 0 0 8 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) %%transmsg*** transmitting job : c48761 pcn : 060000000 ***%%pcmsg|60 |00012|yes|no|02/24/2009 06:10|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: what was the percentage change in total rent expense from 2006 to 2007?",
        "solution": "19%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IQV/2018/page_59.pdf\n\nID: IQV/2018/page_59.pdf-3\n\nPrevious Text:\ncontingencies we are exposed to certain known contingencies that are material to our investors .\nthe facts and circumstances surrounding these contingencies and a discussion of their effect on us are in note 12 to our audited consolidated financial statements included elsewhere in this annual report on form 10-k .\nthese contingencies may have a material effect on our liquidity , capital resources or results of operations .\nin addition , even where our reserves are adequate , the incurrence of any of these liabilities may have a material effect on our liquidity and the amount of cash available to us for other purposes .\nwe believe that we have made appropriate arrangements in respect of the future effect on us of these known contingencies .\nwe also believe that the amount of cash available to us from our operations , together with cash from financing , will be sufficient for us to pay any known contingencies as they become due without materially affecting our ability to conduct our operations and invest in the growth of our business .\noff-balance sheet arrangements we do not have any off-balance sheet arrangements except for operating leases entered into in the normal course of business .\ncontractual obligations and commitments below is a summary of our future payment commitments by year under contractual obligations as of december 31 , 2018: .\n\nTable Data:\n[['( in millions )', '2019', '2020 - 2021', '2022 - 2023', 'thereafter', 'total'], ['long-term debt including interest ( 1 )', '$ 508', '$ 1287', '$ 3257', '$ 8167', '$ 13219'], ['operating leases', '167', '244', '159', '119', '689'], ['data acquisition', '289', '467', '135', '4', '895'], ['purchase obligations ( 2 )', '17', '22', '15', '8', '62'], ['commitments to unconsolidated affiliates ( 3 )', '2014', '2014', '2014', '2014', '2014'], ['benefit obligations ( 4 )', '25', '27', '29', '81', '162'], ['uncertain income tax positions ( 5 )', '17', '2014', '2014', '2014', '17'], ['total', '$ 1023', '$ 2047', '$ 3595', '$ 8379', '$ 15044']]\n\nFollowing Text:\n( 1 ) interest payments on our debt are based on the interest rates in effect on december 31 , 2018 .\n( 2 ) purchase obligations are defined as agreements to purchase goods or services that are enforceable and legally binding and that specify all significant terms , including fixed or minimum quantities to be purchased , fixed , minimum or variable pricing provisions and the approximate timing of the transactions .\n( 3 ) we are currently committed to invest $ 120 million in private equity funds .\nas of december 31 , 2018 , we have funded approximately $ 78 million of these commitments and we have approximately $ 42 million remaining to be funded which has not been included in the above table as we are unable to predict when these commitments will be paid .\n( 4 ) amounts represent expected future benefit payments for our pension and postretirement benefit plans , as well as expected contributions for 2019 for our funded pension benefit plans .\nwe made cash contributions totaling approximately $ 31 million to our defined benefit plans in 2018 , and we estimate that we will make contributions totaling approximately $ 25 million to our defined benefit plans in 2019 .\ndue to the potential impact of future plan investment performance , changes in interest rates , changes in other economic and demographic assumptions and changes in legislation in foreign jurisdictions , we are not able to reasonably estimate the timing and amount of contributions that may be required to fund our defined benefit plans for periods beyond 2019 .\n( 5 ) as of december 31 , 2018 , our liability related to uncertain income tax positions was approximately $ 106 million , $ 89 million of which has not been included in the above table as we are unable to predict when these liabilities will be paid due to the uncertainties in the timing of the settlement of the income tax positions. .\n\nQuestion: if the remaining commitment for private equity fund was to be paid in 2019 , what would be the total commitment for 2019?",
        "solution": "1065"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2017/page_83.pdf\n\nID: CME/2017/page_83.pdf-4\n\nPrevious Text:\neach clearing firm is required to deposit and maintain balances in the form of cash , u.s .\ngovernment securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements .\nall non-cash deposits are marked-to-market and haircut on a daily basis .\nsecurities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits .\nthese balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required .\nin addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters .\nto satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s .\ntreasury securities or letters of credit .\nthe clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value .\nthe clearing house has the capability to mark-to-market more frequently as market conditions warrant .\nunder the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits .\nfor cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral .\nduring 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value .\nthe clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions .\nthe company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 .\nat december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s .\ntreasury and u.s .\ngovernment agency securities with maturity dates of 90 days or less .\nthe u.s .\ntreasury and u.s .\ngovernment agency securities were purchased by cme , at its discretion , using cash collateral .\nthe benefits , including interest earned , and risks of ownership accrue to cme .\ninterest earned is included in investment income on the consolidated statements of income .\nthere were no u.s .\ntreasury and u.s .\ngovernment agency securities held at december 31 , 2017 .\nthe amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized .\n\nTable Data:\n[['( in millions )', '2016 amortizedcost', '2016 fairvalue'], ['u.s . treasury securities', '$ 5548.9', '$ 5549.0'], ['u.s . government agency securities', '1228.3', '1228.3']]\n\nFollowing Text:\ncme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago .\nat december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago .\nclearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs .\nthe total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .\n\nQuestion: what was the ratio of the cme cash account at the federal reserve bank of chicago in 2017 compared to 2016",
        "solution": "5.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MS/2017/page_75.pdf\n\nID: MS/2017/page_75.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis expected replacement of london interbank offered rate central banks around the world , including the federal reserve , have commissioned working groups of market participants and others with the goal of finding suitable replacements for libor based on observable market transac- tions .\nit is expected that a transition away from the wide- spread use of libor to alternative rates will occur over the course of the next few years .\neffects of inflation and changes in interest and foreign exchange rates to the extent that an increased inflation outlook results in rising interest rates or has negative impacts on the valuation of financial instruments that exceed the impact on the value of our liabilities , it may adversely affect our financial position and profitability .\nrising inflation may also result in increases in our non-interest expenses that may not be readily recover- able in higher prices of services offered .\nother changes in the interest rate environment and related volatility , as well as expectations about the level of future interest rates , could also impact our results of operations .\na significant portion of our business is conducted in curren- cies other than the u.s .\ndollar , and changes in foreign exchange rates relative to the u.s .\ndollar , therefore , can affect the value of non-u.s .\ndollar net assets , revenues and expenses .\npotential exposures as a result of these fluctuations in currencies are closely monitored , and , where cost-justified , strategies are adopted that are designed to reduce the impact of these fluctuations on our financial performance .\nthese strategies may include the financing of non-u.s .\ndollar assets with direct or swap-based borrowings in the same currency and the use of currency forward contracts or the spot market in various hedging transactions related to net assets , revenues , expenses or cash flows .\nfor information about cumulative foreign currency translation adjustments , see note 15 to the financial statements .\noff-balance sheet arrangements and contractual obligations off-balance sheet arrangements we enter into various off-balance sheet arrangements , including through unconsolidated spes and lending-related financial instruments ( e.g. , guarantees and commitments ) , primarily in connection with the institutional securities and investment management business segments .\nwe utilize spes primarily in connection with securitization activities .\nfor information on our securitization activities , see note 13 to the financial statements .\nfor information on our commitments , obligations under certain guarantee arrangements and indemnities , see note 12 to the financial statements .\nfor further information on our lending commitments , see 201cquantitative and qualitative disclosures about market risk 2014risk management 2014credit risk 2014lending activities . 201d contractual obligations in the normal course of business , we enter into various contractual obligations that may require future cash payments .\ncontractual obligations include certain borrow- ings , other secured financings , contractual interest payments , contractual payments on time deposits , operating leases and purchase obligations .\ncontractual obligations at december 31 , 2017 payments due in : $ in millions 2018 2019-2020 2021-2022 thereafter total borrowings1 $ 23870 $ 45963 $ 36649 $ 84581 $ 191063 other secured financings1 4992 3142 153 398 8685 contractual interest payments2 4903 7930 5680 17031 35544 time deposits3 12300 2481 108 129 15018 operating leases 2014premises4 664 1183 938 2639 5424 purchase obligations 598 607 217 197 1619 total5 $ 47327 $ 61306 $ 43745 $ 104975 $ 257353 1 .\nfor further information on borrowings and other secured financings , see note 11 to the financial statements .\namounts presented for borrowings and other secured financings are financings with original maturities greater than one year .\n2 .\namounts represent estimated future contractual interest payments related to unse- cured borrowings with original maturities greater than one year based on applicable interest rates at december 31 , 2017 .\n3 .\namounts represent contractual principal and interest payments related to time deposits primarily held at our u.s .\nbank subsidiaries .\n4 .\nfor further information on operating leases covering premises and equipment , see note 12 to the financial statements .\n5 .\namounts exclude unrecognized tax benefits , as the timing and amount of future cash payments are not determinable at this time ( see note 20 to the financial state- ments for further information ) .\npurchase obligations for goods and services include payments for , among other things , consulting , outsourcing , computer and telecommunications maintenance agreements , and certain transmission , transportation and storage contracts related to the commodities business .\npurchase obligations at december 31 , 2017 reflect the minimum contractual obliga- tion under legally enforceable contracts with contract terms that are both fixed and determinable .\nthese amounts exclude obligations for goods and services that already have been incurred and are reflected in the balance sheets .\ndecember 2017 form 10-k 70 .\n\nTable Data:\n[['$ in millions', 'at december 31 2017 payments due in : 2018', 'at december 31 2017 payments due in : 2019-2020', 'at december 31 2017 payments due in : 2021-2022', 'at december 31 2017 payments due in : thereafter', 'at december 31 2017 payments due in : total'], ['borrowings1', '$ 23870', '$ 45963', '$ 36649', '$ 84581', '$ 191063'], ['other securedfinancings1', '4992', '3142', '153', '398', '8685'], ['contractual interest payments2', '4903', '7930', '5680', '17031', '35544'], ['timedeposits3', '12300', '2481', '108', '129', '15018'], ['operating leases 2014premises4', '664', '1183', '938', '2639', '5424'], ['purchase obligations', '598', '607', '217', '197', '1619'], ['total5', '$ 47327', '$ 61306', '$ 43745', '$ 104975', '$ 257353']]\n\nFollowing Text:\nmanagement 2019s discussion and analysis expected replacement of london interbank offered rate central banks around the world , including the federal reserve , have commissioned working groups of market participants and others with the goal of finding suitable replacements for libor based on observable market transac- tions .\nit is expected that a transition away from the wide- spread use of libor to alternative rates will occur over the course of the next few years .\neffects of inflation and changes in interest and foreign exchange rates to the extent that an increased inflation outlook results in rising interest rates or has negative impacts on the valuation of financial instruments that exceed the impact on the value of our liabilities , it may adversely affect our financial position and profitability .\nrising inflation may also result in increases in our non-interest expenses that may not be readily recover- able in higher prices of services offered .\nother changes in the interest rate environment and related volatility , as well as expectations about the level of future interest rates , could also impact our results of operations .\na significant portion of our business is conducted in curren- cies other than the u.s .\ndollar , and changes in foreign exchange rates relative to the u.s .\ndollar , therefore , can affect the value of non-u.s .\ndollar net assets , revenues and expenses .\npotential exposures as a result of these fluctuations in currencies are closely monitored , and , where cost-justified , strategies are adopted that are designed to reduce the impact of these fluctuations on our financial performance .\nthese strategies may include the financing of non-u.s .\ndollar assets with direct or swap-based borrowings in the same currency and the use of currency forward contracts or the spot market in various hedging transactions related to net assets , revenues , expenses or cash flows .\nfor information about cumulative foreign currency translation adjustments , see note 15 to the financial statements .\noff-balance sheet arrangements and contractual obligations off-balance sheet arrangements we enter into various off-balance sheet arrangements , including through unconsolidated spes and lending-related financial instruments ( e.g. , guarantees and commitments ) , primarily in connection with the institutional securities and investment management business segments .\nwe utilize spes primarily in connection with securitization activities .\nfor information on our securitization activities , see note 13 to the financial statements .\nfor information on our commitments , obligations under certain guarantee arrangements and indemnities , see note 12 to the financial statements .\nfor further information on our lending commitments , see 201cquantitative and qualitative disclosures about market risk 2014risk management 2014credit risk 2014lending activities . 201d contractual obligations in the normal course of business , we enter into various contractual obligations that may require future cash payments .\ncontractual obligations include certain borrow- ings , other secured financings , contractual interest payments , contractual payments on time deposits , operating leases and purchase obligations .\ncontractual obligations at december 31 , 2017 payments due in : $ in millions 2018 2019-2020 2021-2022 thereafter total borrowings1 $ 23870 $ 45963 $ 36649 $ 84581 $ 191063 other secured financings1 4992 3142 153 398 8685 contractual interest payments2 4903 7930 5680 17031 35544 time deposits3 12300 2481 108 129 15018 operating leases 2014premises4 664 1183 938 2639 5424 purchase obligations 598 607 217 197 1619 total5 $ 47327 $ 61306 $ 43745 $ 104975 $ 257353 1 .\nfor further information on borrowings and other secured financings , see note 11 to the financial statements .\namounts presented for borrowings and other secured financings are financings with original maturities greater than one year .\n2 .\namounts represent estimated future contractual interest payments related to unse- cured borrowings with original maturities greater than one year based on applicable interest rates at december 31 , 2017 .\n3 .\namounts represent contractual principal and interest payments related to time deposits primarily held at our u.s .\nbank subsidiaries .\n4 .\nfor further information on operating leases covering premises and equipment , see note 12 to the financial statements .\n5 .\namounts exclude unrecognized tax benefits , as the timing and amount of future cash payments are not determinable at this time ( see note 20 to the financial state- ments for further information ) .\npurchase obligations for goods and services include payments for , among other things , consulting , outsourcing , computer and telecommunications maintenance agreements , and certain transmission , transportation and storage contracts related to the commodities business .\npurchase obligations at december 31 , 2017 reflect the minimum contractual obliga- tion under legally enforceable contracts with contract terms that are both fixed and determinable .\nthese amounts exclude obligations for goods and services that already have been incurred and are reflected in the balance sheets .\ndecember 2017 form 10-k 70 .\n\nQuestion: what percentage of total payments due in 2018 are time deposits?",
        "solution": "26%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2012/page_86.pdf\n\nID: HII/2012/page_86.pdf-1\n\nPrevious Text:\nincome and franchise tax provisions are allocable to contracts in process and , accordingly , are included in general and administrative expenses .\ndeferred income taxes are recorded when revenues and expenses are recognized in different periods for financial statement purposes than for tax return purposes .\ndeferred tax asset or liability account balances are calculated at the balance sheet date using current tax laws and rates in effect .\ndeterminations of the expected realizability of deferred tax assets and the need for any valuation allowances against these deferred tax assets were evaluated based upon the stand-alone tax attributes of the company , and valuation allowances of $ 21 million and $ 18 million were deemed necessary as of december 31 , 2012 and 2011 , respectively .\nuncertain tax positions meeting the more-likely-than-not recognition threshold , based on the merits of the position , are recognized in the financial statements .\nwe recognize the amount of tax benefit that is greater than 50% ( 50 % ) likely to be realized upon ultimate settlement with the related tax authority .\nif a tax position does not meet the minimum statutory threshold to avoid payment of penalties , we recognize an expense for the amount of the penalty in the period the tax position is claimed or expected to be claimed in our tax return .\npenalties , if probable and reasonably estimable , are recognized as a component of income tax expense .\nwe also recognize accrued interest related to uncertain tax positions in income tax expense .\nthe timing and amount of accrued interest is determined by the applicable tax law associated with an underpayment of income taxes .\nsee note 11 : income taxes .\nunder existing gaap , changes in accruals associated with uncertainties are recorded in earnings in the period they are determined .\ncash and cash equivalents - the carrying amounts of cash and cash equivalents approximate fair value due to the short-term nature of these items , having original maturity dates of 90 days or less .\naccounts receivable - accounts receivable include amounts billed and currently due from customers , amounts currently due but unbilled , certain estimated contract change amounts , claims or requests for equitable adjustment in negotiation that are probable of recovery , and amounts retained by the customer pending contract completion .\ninventoried costs - inventoried costs primarily relate to work in process under contracts that recognize revenues using labor dollars or units of delivery as the basis of the percentage-of-completion calculation .\nthese costs represent accumulated contract costs less cost of sales , as calculated using the percentage-of-completion method .\naccumulated contract costs include direct production costs , factory and engineering overhead , production tooling costs , and , for government contracts , allowable general and administrative expenses .\naccording to the provisions of the company's u.s .\ngovernment contracts , the customer asserts title to , or a security interest in , inventories related to such contracts as a result of contract advances , performance-based payments , and progress payments .\nin accordance with industry practice , inventoried costs are classified as a current asset and include amounts related to contracts having production cycles longer than one year .\ninventoried costs also include company owned raw materials , which are stated at the lower of cost or market , generally using the average cost method .\nproperty , plant , and equipment - depreciable properties owned by the company are recorded at cost and depreciated over the estimated useful lives of individual assets .\ncosts incurred for computer software developed or obtained for internal use are capitalized and amortized over the expected useful life of the software , not to exceed nine years .\nleasehold improvements are amortized over the shorter of their useful lives or the term of the lease .\nthe remaining assets are depreciated using the straight-line method , with the following lives: .\n\nTable Data:\n[['land improvements', 'years 3', 'years -', 'years 45'], ['buildings and improvements', '3', '-', '60'], ['capitalized software costs', '3', '-', '9'], ['machinery and other equipment', '2', '-', '45']]\n\nFollowing Text:\nthe company evaluates the recoverability of its property , plant and equipment when there are changes in economic circumstances or business objectives that indicate the carrying value may not be recoverable .\nthe company's evaluations include estimated future cash flows , profitability and other factors in determining fair value .\nas these assumptions and estimates may change over time , it may or may not be necessary to record impairment charges. .\n\nQuestion: wha is the percentage change in the valuation allowance from 2011 to 2012?",
        "solution": "16.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: OKE/2008/page_38.pdf\n\nID: OKE/2008/page_38.pdf-2\n\nPrevious Text:\npollutants discharged to waters of the united states and remediation of waters affected by such discharge .\nto our knowledge , we are in compliance with all material requirements associated with the various regulations .\nthe united states congress is actively considering legislation to reduce emissions of greenhouse gases , including carbon dioxide and methane .\nin addition , state and regional initiatives to regulate greenhouse gas emissions are underway .\nwe are monitoring federal and state legislation to assess the potential impact on our operations .\nour most recent calculation of direct greenhouse gas emissions for oneok and oneok partners is estimated to be less than 6 million metric tons of carbon dioxide equivalents on an annual basis .\nwe will continue efforts to quantify our direct greenhouse gas emissions and will report such emissions as required by any mandatory reporting rule , including the rules anticipated to be issued by the epa in mid-2009 .\nsuperfund - the comprehensive environmental response , compensation and liability act , also known as cercla or superfund , imposes liability , without regard to fault or the legality of the original act , on certain classes of persons who contributed to the release of a hazardous substance into the environment .\nthese persons include the owner or operator of a facility where the release occurred and companies that disposed or arranged for the disposal of the hazardous substances found at the facility .\nunder cercla , these persons may be liable for the costs of cleaning up the hazardous substances released into the environment , damages to natural resources and the costs of certain health studies .\nchemical site security - the united states department of homeland security ( homeland security ) released an interim rule in april 2007 that requires companies to provide reports on sites where certain chemicals , including many hydrocarbon products , are stored .\nwe completed the homeland security assessments and our facilities were subsequently assigned to one of four risk-based tiers ranging from high ( tier 1 ) to low ( tier 4 ) risk , or not tiered at all due to low risk .\na majority of our facilities were not tiered .\nwe are waiting for homeland security 2019s analysis to determine if any of the tiered facilities will require site security plans and possible physical security enhancements .\nclimate change - our environmental and climate change strategy focuses on taking steps to minimize the impact of our operations on the environment .\nthese strategies include : ( i ) developing and maintaining an accurate greenhouse gas emissions inventory , according to rules anticipated to be issued by the epa in mid-2009 ; ( ii ) improving the efficiency of our various pipelines , natural gas processing facilities and natural gas liquids fractionation facilities ; ( iii ) following developing technologies for emission control ; ( iv ) following developing technologies to capture carbon dioxide to keep it from reaching the atmosphere ; and ( v ) analyzing options for future energy investment .\ncurrently , certain subsidiaries of oneok partners participate in the processing and transmission sectors and ldcs in our distribution segment participate in the distribution sector of the epa 2019s natural gas star program to voluntarily reduce methane emissions .\na subsidiary in our oneok partners 2019 segment was honored in 2008 as the 201cnatural gas star gathering and processing partner of the year 201d for its efforts to positively address environmental issues through voluntary implementation of emission-reduction opportunities .\nin addition , we continue to focus on maintaining low rates of lost-and- unaccounted-for methane gas through expanded implementation of best practices to limit the release of methane during pipeline and facility maintenance and operations .\nour most recent calculation of our annual lost-and-unaccounted-for natural gas , for all of our business operations , is less than 1 percent of total throughput .\nemployees we employed 4742 people at january 31 , 2009 , including 739 people employed by kansas gas service , who were subject to collective bargaining contracts .\nthe following table sets forth our contracts with collective bargaining units at january 31 , employees contract expires .\n\nTable Data:\n[['union', 'employees', 'contract expires'], ['united steelworkers of america', '414', 'june 30 2009'], ['international union of operating engineers', '13', 'june 30 2009'], ['international brotherhood of electrical workers', '312', 'june 30 2010']]\n\nFollowing Text:\n.\n\nQuestion: as of january 31 , 2009 what percentage of employees are members of international brotherhood of electrical workers?",
        "solution": "7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2011/page_100.pdf\n\nID: HII/2011/page_100.pdf-1\n\nPrevious Text:\nperformance of the company 2019s obligations under the senior notes , including any repurchase obligations resulting from a change of control , is unconditionally guaranteed , jointly and severally , on an unsecured basis , by each of hii 2019s existing and future domestic restricted subsidiaries that guarantees debt under the credit facility ( the 201csubsidiary guarantors 201d ) .\nthe guarantees rank equally with all other unsecured and unsubordinated indebtedness of the guarantors .\nthe subsidiary guarantors are each directly or indirectly 100% ( 100 % ) owned by hii .\nthere are no significant restrictions on the ability of hii or any subsidiary guarantor to obtain funds from their respective subsidiaries by dividend or loan .\nmississippi economic development revenue bonds 2014as of december 31 , 2011 and 2010 , the company had $ 83.7 million outstanding from the issuance of industrial revenue bonds issued by the mississippi business finance corporation .\nthese bonds accrue interest at a fixed rate of 7.81% ( 7.81 % ) per annum ( payable semi-annually ) and mature in 2024 .\nwhile repayment of principal and interest is guaranteed by northrop grumman systems corporation , hii has agreed to indemnify northrop grumman systems corporation for any losses related to the guaranty .\nin accordance with the terms of the bonds , the proceeds have been used to finance the construction , reconstruction , and renovation of the company 2019s interest in certain ship manufacturing and repair facilities , or portions thereof , located in the state of mississippi .\ngulf opportunity zone industrial development revenue bonds 2014as of december 31 , 2011 and 2010 , the company had $ 21.6 million outstanding from the issuance of gulf opportunity zone industrial development revenue bonds ( 201cgo zone irbs 201d ) issued by the mississippi business finance corporation .\nthe go zone irbs were initially issued in a principal amount of $ 200 million , and in november 2010 , in connection with the anticipated spin-off , hii purchased $ 178 million of the bonds using the proceeds from a $ 178 million intercompany loan from northrop grumman .\nsee note 20 : related party transactions and former parent company equity .\nthe remaining bonds accrue interest at a fixed rate of 4.55% ( 4.55 % ) per annum ( payable semi-annually ) , and mature in 2028 .\nin accordance with the terms of the bonds , the proceeds have been used to finance the construction , reconstruction , and renovation of the company 2019s interest in certain ship manufacturing and repair facilities , or portions thereof , located in the state of mississippi .\nthe estimated fair value of the company 2019s total long-term debt , including current portions , at december 31 , 2011 and 2010 , was $ 1864 million and $ 128 million , respectively .\nthe fair value of the total long-term debt was calculated based on recent trades for most of the company 2019s debt instruments or based on interest rates prevailing on debt with substantially similar risks , terms and maturities .\nthe aggregate amounts of principal payments due on long-term debt for each of the next five years and thereafter are : ( $ in millions ) .\n\nTable Data:\n[['2012', '$ 29'], ['2013', '50'], ['2014', '79'], ['2015', '108'], ['2016', '288'], ['thereafter', '1305'], ['total long-term debt', '$ 1859']]\n\nFollowing Text:\n14 .\ninvestigations , claims , and litigation the company is involved in legal proceedings before various courts and administrative agencies , and is periodically subject to government examinations , inquiries and investigations .\npursuant to fasb accounting standard codification 450 contingencies , the company has accrued for losses associated with investigations , claims and litigation when , and to the extent that , loss amounts related to the investigations , claims and litigation are probable and can be reasonably estimated .\nthe actual losses that might be incurred to resolve such investigations , claims and litigation may be higher or lower than the amounts accrued .\nfor matters where a material loss is probable or reasonably possible and the amount of loss cannot be reasonably estimated , but the company is able to reasonably estimate a range of possible losses , such estimated range is required to be disclosed in these notes .\nthis estimated range would be based on information currently available to the company and would involve elements of judgment and significant uncertainties .\nthis estimated range of possible loss would not represent the company 2019s maximum possible loss exposure .\nfor matters as to which the company is not able to reasonably estimate a possible loss or range of loss , the company is required to indicate the reasons why it is unable to estimate the possible loss or range of loss .\nfor matters not specifically described in these notes , the company does not believe , based on information currently available to it , that it is reasonably possible that the liabilities , if any , arising from .\n\nQuestion: what is the ratio of the long-term debt after 2016 to the total long term debt",
        "solution": "0.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_159.pdf\n\nID: ETR/2004/page_159.pdf-1\n\nPrevious Text:\nentergy arkansas , inc .\nmanagement's financial discussion and analysis results of operations net income 2004 compared to 2003 net income increased $ 16.2 million due to lower other operation and maintenance expenses , a lower effective income tax rate for 2004 compared to 2003 , and lower interest charges .\nthe increase was partially offset by lower net revenue .\n2003 compared to 2002 net income decreased $ 9.6 million due to lower net revenue , higher depreciation and amortization expenses , and a higher effective income tax rate for 2003 compared to 2002 .\nthe decrease was substantially offset by lower other operation and maintenance expenses , higher other income , and lower interest charges .\nnet revenue 2004 compared to 2003 net revenue , which is entergy arkansas' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .\nfollowing is an analysis of the change in net revenue comparing 2004 to 2003. .\n\nTable Data:\n[['', '( in millions )'], ['2003 net revenue', '$ 998.7'], ['deferred fuel cost revisions', '-16.9 ( 16.9 )'], ['other', '-3.4 ( 3.4 )'], ['2004 net revenue', '$ 978.4']]\n\nFollowing Text:\ndeferred fuel cost revisions includes the difference between the estimated deferred fuel expense and the actual calculation of recoverable fuel expense , which occurs on an annual basis .\ndeferred fuel cost revisions decreased net revenue due to a revised estimate of fuel costs filed for recovery at entergy arkansas in the march 2004 energy cost recovery rider , which reduced net revenue by $ 11.5 million .\nthe remainder of the variance is due to the 2002 energy cost recovery true-up , made in the first quarter of 2003 , which increased net revenue in 2003 .\ngross operating revenues , fuel and purchased power expenses , and other regulatory credits gross operating revenues increased primarily due to : 2022 an increase of $ 20.7 million in fuel cost recovery revenues due to an increase in the energy cost recovery rider effective april 2004 ( fuel cost recovery revenues are discussed in note 2 to the domestic utility companies and system energy financial statements ) ; 2022 an increase of $ 15.5 million in grand gulf revenues due to an increase in the grand gulf rider effective january 2004 ; 2022 an increase of $ 13.9 million in gross wholesale revenue primarily due to increased sales to affiliated systems ; 2022 an increase of $ 9.5 million due to volume/weather primarily resulting from increased usage during the unbilled sales period , partially offset by the effect of milder weather on billed sales in 2004. .\n\nQuestion: what is the growth rate in net revenue in 2004 for entergy arkansas inc.?",
        "solution": "-2.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2009/page_102.pdf\n\nID: AON/2009/page_102.pdf-1\n\nPrevious Text:\n14 .\nstock compensation plans the following table summarizes stock-based compensation expense recognized in continuing operations in the consolidated statements of income in compensation and benefits ( in millions ) : .\n\nTable Data:\n[['years ended december 31', '2009', '2008', '2007'], ['rsus', '$ 124', '$ 132', '$ 109'], ['performance plans', '60', '67', '54'], ['stock options', '21', '24', '22'], ['employee stock purchase plans', '4', '3', '3'], ['total stock-based compensation expense', '209', '226', '188'], ['tax benefit', '68', '82', '64'], ['stock-based compensation expense net of tax', '$ 141', '$ 144', '$ 124']]\n\nFollowing Text:\nduring 2009 , the company converted its stock administration system to a new service provider .\nin connection with this conversion , a reconciliation of the methodologies and estimates utilized was performed , which resulted in a $ 12 million reduction of expense for the year ended december 31 , 2009 .\nstock awards stock awards , in the form of rsus , are granted to certain employees and consist of both performance-based and service-based rsus .\nservice-based awards generally vest between three and ten years from the date of grant .\nthe fair value of service-based awards is based upon the market price of the underlying common stock at the date of grant .\nwith certain limited exceptions , any break in continuous employment will cause the forfeiture of all unvested awards .\ncompensation expense associated with stock awards is recognized over the service period using the straight-line method .\ndividend equivalents are paid on certain service-based rsus , based on the initial grant amount .\nat december 31 , 2009 , 2008 and 2007 , the number of shares available for stock awards is included with options available for grant .\nperformance-based rsus have been granted to certain employees .\nvesting of these awards is contingent upon meeting various individual , divisional or company-wide performance conditions , including revenue generation or growth in revenue , pretax income or earnings per share over a one- to five-year period .\nthe performance conditions are not considered in the determination of the grant date fair value for these awards .\nthe fair value of performance-based awards is based upon the market price of the underlying common stock at the date of grant .\ncompensation expense is recognized over the performance period , and in certain cases an additional vesting period , based on management 2019s estimate of the number of units expected to vest .\ncompensation expense is adjusted to reflect the actual number of shares paid out at the end of the programs .\nthe payout of shares under these performance-based plans may range from 0-200% ( 0-200 % ) of the number of units granted , based on the plan .\ndividend equivalents are generally not paid on the performance-based rsus .\nduring 2009 , the company granted approximately 2 million shares in connection with the completion of the 2006 leadership performance plan ( 2018 2018lpp 2019 2019 ) cycle .\nduring 2009 , 2008 and 2007 , the company granted approximately 3.7 million , 4.2 million and 4.3 million restricted shares , respectively , in connection with the company 2019s incentive compensation plans. .\n\nQuestion: what was the change in the stock compensation plans rsu in millions from 2007 to 2008",
        "solution": "23"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MMM/2005/page_72.pdf\n\nID: MMM/2005/page_72.pdf-1\n\nPrevious Text:\ncalculations would be adjusted for interest expense associated with this debt instrument .\neitf issue no .\n04-08 would have been effective beginning with the company 2019s 2004 fourth quarter .\nhowever , due to the fasb 2019s delay in issuing sfas no .\n128r and the company 2019s intent and ability to settle this debt security in cash versus the issuance of stock , the impact of the additional diluted shares will not be included in the diluted earnings per share calculation until the proposed sfas no .\n128r is effective .\nwhen sfas no .\n128r is effective , prior periods 2019 diluted shares outstanding and diluted earnings per share amounts will be restated to present comparable information .\nthe estimated annual reduction in the company 2019s diluted earnings per share would have been approximately $ .02 to $ .03 per share for total year 2005 , 2004 and 2003 .\nbecause the impact of this standard is ongoing , the company 2019s diluted shares outstanding and diluted earnings per share amounts would be impacted until retirement or modification of certain terms of this debt security .\nnote 2 .\nacquisitions and divestitures the company acquired cuno on august 2 , 2005 .\nthe operating results of cuno are included in the industrial business segment .\ncuno is engaged in the design , manufacture and marketing of a comprehensive line of filtration products for the separation , clarification and purification of fluids and gases .\n3m and cuno have complementary sets of filtration technologies and the opportunity to bring an even wider range of filtration solutions to customers around the world .\n3m acquired cuno for approximately $ 1.36 billion , comprised of $ 1.27 billion of cash paid ( net of cash acquired ) and the acquisition of $ 80 million of debt , most of which has been repaid .\npurchased identifiable intangible assets of $ 268 million for the cuno acquisition will be amortized on a straight- line basis over lives ranging from 5 to 20 years ( weighted-average life of 15 years ) .\nin-process research and development charges from the cuno acquisition were not material .\npro forma information related to this acquisition is not included because its impact on company 2019s consolidated results of operations is not considered to be material .\nthe preliminary allocation of the purchase price is presented in the table that follows .\n2005 cuno acquisition asset ( liability ) ( millions ) .\n\nTable Data:\n[['accounts receivable', '$ 96'], ['inventory', '61'], ['property plant and equipment - net', '121'], ['purchased intangible assets', '268'], ['purchased goodwill', '992'], ['other assets', '30'], ['deferred tax liability', '-102 ( 102 )'], ['accounts payable and other current liabilities', '-104 ( 104 )'], ['interest bearing debt', '-80 ( 80 )'], ['other long-term liabilities', '-16 ( 16 )'], ['net assets acquired', '$ 1266'], ['supplemental information:', ''], ['cash paid', '$ 1294'], ['less : cash acquired', '28'], ['cash paid net of cash acquired', '$ 1266']]\n\nFollowing Text:\nduring the year ended december 31 , 2005 , 3m entered into two immaterial additional business combinations for a total purchase price of $ 27 million , net of cash acquired .\n1 ) 3m ( electro and communications business ) purchased certain assets of siemens ultrasound division 2019s flexible circuit manufacturing line , a u.s .\noperation .\nthe acquired operation produces flexible interconnect circuits that provide electrical connections between components in electronics systems used primarily in the transducers of ultrasound machines .\n2 ) 3m ( display and graphics business ) purchased certain assets of mercury online solutions inc. , a u.s .\noperation .\nthe acquired operation provides hardware and software technologies and network management services for digital signage and interactive kiosk networks. .\n\nQuestion: what was the percent of the accounts receivable of the net assets acquired",
        "solution": "7.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2009/page_132.pdf\n\nID: JPM/2009/page_132.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis jpmorgan chase & co./2009 annual report 130 the following histogram illustrates the daily market risk 2013related gains and losses for ib and consumer/cio positions for 2009 .\nthe chart shows that the firm posted market risk 2013related gains on 227 out of 261 days in this period , with 69 days exceeding $ 160 million .\nthe inset graph looks at those days on which the firm experienced losses and depicts the amount by which the 95% ( 95 % ) confidence level var exceeded the actual loss on each of those days .\nlosses were sustained on 34 days during 2009 and exceeded the var measure on one day due to high market volatility in the first quarter of 2009 .\nunder the 95% ( 95 % ) confidence interval , the firm would expect to incur daily losses greater than that pre- dicted by var estimates about twelve times a year .\nthe following table provides information about the gross sensitivity of dva to a one-basis-point increase in jpmorgan chase 2019s credit spreads .\nthis sensitivity represents the impact from a one-basis-point parallel shift in jpmorgan chase 2019s entire credit curve .\nas credit curves do not typically move in a parallel fashion , the sensitivity multiplied by the change in spreads at a single maturity point may not be representative of the actual revenue recognized .\ndebit valuation adjustment sensitivity 1 basis point increase in ( in millions ) jpmorgan chase credit spread .\n\nTable Data:\n[['( in millions )', '1 basis point increase in jpmorgan chase credit spread'], ['december 31 2009', '$ 39'], ['december 31 2008', '$ 37']]\n\nFollowing Text:\nloss advisories and drawdowns loss advisories and drawdowns are tools used to highlight to senior management trading losses above certain levels and initiate discus- sion of remedies .\neconomic value stress testing while var reflects the risk of loss due to adverse changes in normal markets , stress testing captures the firm 2019s exposure to unlikely but plausible events in abnormal markets .\nthe firm conducts economic- value stress tests using multiple scenarios that assume credit spreads widen significantly , equity prices decline and significant changes in interest rates across the major currencies .\nother scenar- ios focus on the risks predominant in individual business segments and include scenarios that focus on the potential for adverse movements in complex portfolios .\nscenarios were updated more frequently in 2009 and , in some cases , redefined to reflect the signifi- cant market volatility which began in late 2008 .\nalong with var , stress testing is important in measuring and controlling risk .\nstress testing enhances the understanding of the firm 2019s risk profile and loss potential , and stress losses are monitored against limits .\nstress testing is also utilized in one-off approvals and cross-business risk measurement , as well as an input to economic capital allocation .\nstress-test results , trends and explanations based on current market risk positions are reported to the firm 2019s senior management and to the lines of business to help them better measure and manage risks and to understand event risk 2013sensitive positions. .\n\nQuestion: what was the percent of the basis point increase in jpmorgan chase credit spread from 2008 \\\\n to 2009",
        "solution": "5.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_56.pdf\n\nID: SNA/2013/page_56.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) liquidity and capital resources snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .\nsnap-on believes that its cash from operations and collections of finance receivables , coupled with its sources of borrowings and available cash on hand , are sufficient to fund its currently anticipated requirements for scheduled debt payments ( including the march 2014 repayment of $ 100.0 million of 5.85% ( 5.85 % ) unsecured notes upon maturity ) , payments of interest and dividends , new receivables originated by our financial services businesses , capital expenditures , working capital , restructuring activities , the funding of pension plans , and funding for additional share repurchases and acquisitions , if any .\ndue to snap-on 2019s credit rating over the years , external funds have been available at an acceptable cost .\nas of the close of business on february 7 , 2014 , snap-on 2019s long-term debt and commercial paper were rated , respectively , a3 and p-2 by moody 2019s investors service ; a- and a-2 by standard & poor 2019s ; and a- and f2 by fitch ratings .\nsnap-on believes that its current credit arrangements are sound and that the strength of its balance sheet affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .\nhowever , snap-on cannot provide any assurances of the availability of future financing or the terms on which it might be available , or that its debt ratings may not decrease .\nthe following discussion focuses on information included in the accompanying consolidated balance sheets .\nas of 2013 year end , working capital ( current assets less current liabilities ) of $ 1080.8 million increased $ 1.0 million from $ 1079.8 million as of 2012 year end .\nthe following represents the company 2019s working capital position as of 2013 and 2012 year end : ( amounts in millions ) 2013 2012 .\n\nTable Data:\n[['( amounts in millions )', '2013', '2012'], ['cash and cash equivalents', '$ 217.6', '$ 214.5'], ['trade and other accounts receivable 2013 net', '531.6', '497.9'], ['finance receivables 2013 net', '374.6', '323.1'], ['contract receivables 2013 net', '68.4', '62.7'], ['inventories 2013 net', '434.4', '404.2'], ['other current assets', '169.6', '166.6'], ['total current assets', '1796.2', '1669.0'], ['notes payable and current maturities of long-term debt', '-113.1 ( 113.1 )', '-5.2 ( 5.2 )'], ['accounts payable', '-155.6 ( 155.6 )', '-142.5 ( 142.5 )'], ['other current liabilities', '-446.7 ( 446.7 )', '-441.5 ( 441.5 )'], ['total current liabilities', '-715.4 ( 715.4 )', '-589.2 ( 589.2 )'], ['working capital', '$ 1080.8', '$ 1079.8']]\n\nFollowing Text:\ncash and cash equivalents of $ 217.6 million as of 2013 year end compared to cash and cash equivalents of $ 214.5 million at 2012 year end .\nthe $ 3.1 million net increase in cash and cash equivalents includes the impacts of ( i ) $ 508.8 million of cash from collections of finance receivables ; ( ii ) $ 392.6 million of cash generated from operations , net of $ 24.3 million of discretionary cash contributions to the company 2019s pension plans ; ( iii ) $ 29.2 million of cash proceeds from stock purchase and option plan exercises ; and ( iv ) $ 8.4 million of cash proceeds from the sale of property and equipment .\nthese increases in cash and cash equivalents were largely offset by ( i ) the funding of $ 651.3 million of new finance receivables ; ( ii ) dividend payments to shareholders of $ 92.0 million ; ( iii ) the repurchase of 926000 shares of the company 2019s common stock for $ 82.6 million ; ( iv ) the funding of $ 70.6 million of capital expenditures ; and ( v ) the may 2013 acquisition of challenger for a cash purchase price of $ 38.2 million .\nof the $ 217.6 million of cash and cash equivalents as of 2013 year end , $ 124.3 million was held outside of the united states .\nsnap-on considers these non-u.s .\nfunds as permanently invested in its foreign operations to ( i ) provide adequate working capital ; ( ii ) satisfy various regulatory requirements ; and/or ( iii ) take advantage of business expansion opportunities as they arise ; as such , the company does not presently expect to repatriate these funds to fund its u.s .\noperations or obligations .\nthe repatriation of cash from certain foreign subsidiaries could have adverse net tax consequences on the company should snap-on be required to pay and record u.s .\nincome taxes and foreign withholding taxes on funds that were previously considered permanently invested .\nalternatively , the repatriation of such cash from certain other foreign subsidiaries could result in favorable net tax consequences for the company .\nsnap-on periodically evaluates opportunities to repatriate certain foreign cash amounts to the extent that it does not incur additional unfavorable net tax consequences .\n46 snap-on incorporated .\n\nQuestion: what is the percentage change in the balance of cash and cash equivalents from 2012 to 2013?",
        "solution": "1.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2009/page_25.pdf\n\nID: IP/2009/page_25.pdf-2\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations executive summary international paper company reported net sales of $ 23.4 billion in 2009 , compared with $ 24.8 billion in 2008 and $ 21.9 billion in 2007 .\nnet earnings totaled $ 663 million in 2009 , including $ 1.4 billion of alter- native fuel mixture credits and $ 853 million of charges to restructure ongoing businesses , com- pared with a loss of $ 1.3 billion in 2008 , which included a $ 1.8 billion goodwill impairment charge .\nnet earnings in 2007 totaled $ 1.2 billion .\nthe company performed well in 2009 considering the magnitude of the challenges it faced , both domestically and around the world .\ndespite weak global economic conditions , the company generated record cash flow from operations , enabling us to reduce long-term debt by $ 3.1 billion while increas- ing cash balances by approximately $ 800 million .\nalso during 2009 , the company incurred 3.6 million tons of downtime , including 1.1 million tons asso- ciated with the shutdown of production capacity in our north american mill system to continue to match our production to our customers 2019 needs .\nthese actions should result in higher operating rates , lower fixed costs and lower payroll costs in 2010 and beyond .\nfurthermore , the realization of integration synergies in our u.s .\nindustrial packaging business and overhead reduction initiatives across the com- pany position international paper to benefit from a lower cost profile in future years .\nas 2010 begins , we expect that first-quarter oper- ations will continue to be challenging .\nin addition to being a seasonally slow quarter for many of our businesses , poor harvesting weather conditions in the u.s .\nsouth and increasing competition for lim- ited supplies of recycled fiber are expected to lead to further increases in fiber costs for our u.s .\nmills .\nplanned maintenance outage expenses will also be higher than in the 2009 fourth quarter .\nhowever , we have announced product price increases for our major global manufacturing businesses , and while these actions may not have a significant effect on first-quarter results , we believe that the benefits beginning in the second quarter will be significant .\nadditionally , we expect to benefit from the capacity management , cost reduction and integration synergy actions taken during 2009 .\nas a result , the company remains positive about projected operating results in 2010 , with improved earnings versus 2009 expected in all major businesses .\nwe will continue to focus on aggressive cost management and strong cash flow generation as 2010 progresses .\nresults of operations industry segment operating profits are used by inter- national paper 2019s management to measure the earn- ings performance of its businesses .\nmanagement believes that this measure allows a better under- standing of trends in costs , operating efficiencies , prices and volumes .\nindustry segment operating profits are defined as earnings before taxes , equity earnings , noncontrolling interests , interest expense , corporate items and corporate special items .\nindustry segment operating profits are defined by the securities and exchange commission as a non-gaap financial measure , and are not gaap alternatives to net income or any other operating measure prescribed by accounting principles gen- erally accepted in the united states .\ninternational paper operates in six segments : industrial packaging , printing papers , consumer packaging , distribution , forest products , and spe- cialty businesses and other .\nthe following table shows the components of net earnings ( loss ) attributable to international paper company for each of the last three years : in millions 2009 2008 2007 .\n\nTable Data:\n[['in millions', '2009', '2008', '2007'], ['industry segment operating profits', '$ 2360', '$ 1393', '$ 1897'], ['corporate items net', '-181 ( 181 )', '-103 ( 103 )', '-206 ( 206 )'], ['corporate special items*', '-334 ( 334 )', '-1949 ( 1949 )', '241'], ['interest expense net', '-669 ( 669 )', '-492 ( 492 )', '-297 ( 297 )'], ['noncontrolling interests', '5', '-5 ( 5 )', '-5 ( 5 )'], ['income tax provision', '-469 ( 469 )', '-162 ( 162 )', '-415 ( 415 )'], ['equity ( loss ) earnings', '-49 ( 49 )', '49', '2013'], ['discontinued operations', '2013', '-13 ( 13 )', '-47 ( 47 )'], ['net earnings ( loss ) attributable to international paper company', '$ 663', '$ -1282 ( 1282 )', '$ 1168']]\n\nFollowing Text:\nnet earnings ( loss ) attributable to international paper company $ 663 $ ( 1282 ) $ 1168 * corporate special items include restructuring and other charg- es , goodwill impairment charges , gains on transformation plan forestland sales and net losses ( gains ) on sales and impairments of businesses .\nindustry segment operating profits of $ 2.4 billion were $ 967 million higher in 2009 than in 2008 .\noper- ating profits benefited from lower energy and raw material costs ( $ 447 million ) , lower distribution costs ( $ 142 million ) , favorable manufacturing operating costs ( $ 481 million ) , incremental earnings from the cbpr business acquired in the third quarter of 2008 ( $ 202 million ) , and other items ( $ 35 million ) , offset by lower average sales price realizations ( $ 444 million ) , lower sales volumes and increased lack-of-order downtime ( $ 684 million ) , unfavorable .\n\nQuestion: what is the average industry segment operating profits , in millions?",
        "solution": "1883.33"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LKQ/2016/page_48.pdf\n\nID: LKQ/2016/page_48.pdf-2\n\nPrevious Text:\nliquidity and capital resources the following table summarizes liquidity data as of the dates indicated ( in thousands ) : december 31 , december 31 .\n\nTable Data:\n[['', 'december 31 2016', 'december 31 2015'], ['cash and equivalents', '$ 227400', '$ 87397'], ['total debt ( 1 )', '3365687', '1599695'], ['current maturities ( 2 )', '68414', '57494'], ['capacity under credit facilities ( 3 )', '2550000', '1947000'], ['availability under credit facilities ( 3 )', '1019112', '1337653'], ['total liquidity ( cash and equivalents plus availability on credit facilities )', '1246512', '1425050']]\n\nFollowing Text:\ntotal debt ( 1 ) 3365687 1599695 current maturities ( 2 ) 68414 57494 capacity under credit facilities ( 3 ) 2550000 1947000 availability under credit facilities ( 3 ) 1019112 1337653 total liquidity ( cash and equivalents plus availability on credit facilities ) 1246512 1425050 ( 1 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 23.9 million and $ 15.0 million as of december 31 , 2016 and 2015 , respectively ) .\n( 2 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 2.3 million and $ 1.5 million as of december 31 , 2016 and 2015 , respectively ) .\n( 3 ) includes our revolving credit facilities , our receivables securitization facility , and letters of credit .\nwe assess our liquidity in terms of our ability to fund our operations and provide for expansion through both internal development and acquisitions .\nour primary sources of liquidity are cash flows from operations and our credit facilities .\nwe utilize our cash flows from operations to fund working capital and capital expenditures , with the excess amounts going towards funding acquisitions or paying down outstanding debt .\nas we have pursued acquisitions as part of our growth strategy , our cash flows from operations have not always been sufficient to cover our investing activities .\nto fund our acquisitions , we have accessed various forms of debt financing , including revolving credit facilities , senior notes , and a receivables securitization facility .\nas of december 31 , 2016 , we had debt outstanding and additional available sources of financing , as follows : 2022 senior secured credit facilities maturing in january 2021 , composed of term loans totaling $ 750 million ( $ 732.7 million outstanding at december 31 , 2016 ) and $ 2.45 billion in revolving credit ( $ 1.36 billion outstanding at december 31 , 2016 ) , bearing interest at variable rates ( although a portion of this debt is hedged through interest rate swap contracts ) reduced by $ 72.7 million of amounts outstanding under letters of credit 2022 senior notes totaling $ 600 million , maturing in may 2023 and bearing interest at a 4.75% ( 4.75 % ) fixed rate 2022 euro notes totaling $ 526 million ( 20ac500 million ) , maturing in april 2024 and bearing interest at a 3.875% ( 3.875 % ) fixed rate 2022 receivables securitization facility with availability up to $ 100 million ( $ 100 million outstanding as of december 31 , 2016 ) , maturing in november 2019 and bearing interest at variable commercial paper from time to time , we may undertake financing transactions to increase our available liquidity , such as our january 2016 amendment to our senior secured credit facilities , the issuance of 20ac500 million of euro notes in april 2016 , and the november 2016 amendment to our receivables securitization facility .\nthe rhiag acquisition was the catalyst for the april issuance of 20ac500 million of euro notes .\ngiven that rhiag is a long term asset , we considered alternative financing options and decided to fund a portion of this acquisition through the issuance of long term notes .\nadditionally , the interest rates on rhiag's acquired debt ranged between 6.45% ( 6.45 % ) and 7.25% ( 7.25 % ) .\nwith the issuance of the 20ac500 million of senior notes at a rate of 3.875% ( 3.875 % ) , we were able to replace rhiag's borrowings with long term financing at favorable rates .\nthis refinancing also provides financial flexibility to execute our long-term growth strategy by freeing up availability under our revolver .\nif we see an attractive acquisition opportunity , we have the ability to use our revolver to move quickly and have certainty of funding .\nas of december 31 , 2016 , we had approximately $ 1.02 billion available under our credit facilities .\ncombined with approximately $ 227.4 million of cash and equivalents at december 31 , 2016 , we had approximately $ 1.25 billion in available liquidity , a decrease of $ 178.5 million from our available liquidity as of december 31 , 2015 .\nwe expect to use the proceeds from the sale of pgw's glass manufacturing business to pay down borrowings under our revolving credit facilities , which would increase our available liquidity by approximately $ 310 million when the transaction closes. .\n\nQuestion: what was the change in cash and equivalents from 2015 to 2016?",
        "solution": "140003"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FTV/2017/page_17.pdf\n\nID: FTV/2017/page_17.pdf-1\n\nPrevious Text:\nthe new york stock exchange ( the 201cseparation 201d ) .\nthe separation was effectuated through a pro-rata dividend distribution on july 2 , 2016 of all of the then-outstanding shares of common stock of fortive corporation to the holders of common stock of danaher as of june 15 , 2016 .\nin this annual report , the terms 201cfortive 201d or the 201ccompany 201d refer to either fortive corporation or to fortive corporation and its consolidated subsidiaries , as the context requires .\nreportable segments the table below describes the percentage of sales attributable to each of our two segments over each of the last three years ended december 31 , 2017 .\nfor additional information regarding sales , operating profit and identifiable assets by segment , please refer to note 17 to the consolidated and combined financial statements included in this annual report. .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['professional instrumentation', '47% ( 47 % )', '46% ( 46 % )', '48% ( 48 % )'], ['industrial technologies', '53% ( 53 % )', '54% ( 54 % )', '52% ( 52 % )']]\n\nFollowing Text:\nprofessional instrumentation our professional instrumentation segment offers essential products , software and services used to create actionable intelligence by measuring and monitoring a wide range of physical parameters in industrial applications , including electrical current , radio frequency signals , distance , pressure , temperature , radiation , and hazardous gases .\ncustomers for these products and services include industrial service , installation and maintenance professionals , designers and manufacturers of electronic devices and instruments , medical technicians , safety professionals and other customers for whom precision , reliability and safety are critical in their specific applications .\n2017 sales for this segment by geographic destination were : north america , 50% ( 50 % ) ; europe , 18% ( 18 % ) ; asia pacific , 26% ( 26 % ) , and all other regions , 6% ( 6 % ) .\nour professional instrumentation segment consists of our advanced instrumentation & solutions and sensing technologies businesses .\nour advanced instrumentation & solutions business was primarily established through the acquisitions of qualitrol in the 1980s , fluke corporation in 1998 , pacific scientific company in 1998 , tektronix in 2007 , invetech in 2007 , keithley instruments in 2010 , emaint in 2016 , industrial scientific in 2017 , landauer in 2017 and numerous bolt-on acquisitions .\nadvanced instrumentation & solutions our advanced instrumentation & solutions business consists of : field solutions our field solutions products include a variety of compact professional test tools , thermal imaging and calibration equipment for electrical , industrial , electronic and calibration applications , online condition-based monitoring equipment ; portable gas detection equipment , consumables , and software as a service ( saas ) offerings including safety/user behavior , asset management , and compliance monitoring ; subscription-based technical , analytical , and compliance services to determine occupational and environmental radiation exposure ; and computerized maintenance management software for critical infrastructure in utility , industrial , energy , construction , public safety , mining , and healthcare applications .\nthese products and associated software solutions measure voltage , current , resistance , power quality , frequency , pressure , temperature , radiation , hazardous gas and air quality , among other parameters .\ntypical users of these products and software include electrical engineers , electricians , electronic technicians , safety professionals , medical technicians , network technicians , first-responders , and industrial service , installation and maintenance professionals .\nthe business also makes and sells instruments , controls and monitoring and maintenance systems used by maintenance departments in utilities and industrial facilities to monitor assets , including transformers , generators , motors and switchgear .\nproducts are marketed under a variety of brands , including fluke , fluke biomedical , fluke networks , industrial scientific , landauer and qualitrol .\nproduct realization our product realization services and products help developers and engineers across the end-to-end product creation cycle from concepts to finished products .\nour test , measurement and monitoring products are used in the design , manufacturing and development of electronics , industrial , video and other advanced technologies .\ntypical users of these products and services include research and development engineers who design , de-bug , monitor and validate the function and performance of electronic components , subassemblies and end-products , and video equipment manufacturers , content developers and broadcasters .\nthe business also provides a full range of design , engineering and manufacturing services and highly-engineered , modular components to enable conceptualization , development and launch of products in the medical diagnostics , cell therapy and consumer markets .\nfinally , the business designs , develops , manufactures and markets critical , highly-engineered energetic materials components in specialized vertical applications .\nproducts and services are marketed .\n\nQuestion: what was the change in percentage of sales attributable to professional instrumentation from 2016 to 2017?",
        "solution": "1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UAA/2017/page_52.pdf\n\nID: UAA/2017/page_52.pdf-4\n\nPrevious Text:\noperating income ( loss ) by segment is summarized below: .\n\nTable Data:\n[['( in thousands )', 'year ended december 31 , 2016', 'year ended december 31 , 2015', 'year ended december 31 , $ change', 'year ended december 31 , % (  % ) change'], ['north america', '$ 408424', '$ 460961', '$ -52537 ( 52537 )', '( 11.4 ) % (  % )'], ['emea', '11420', '3122', '8298', '265.8'], ['asia-pacific', '68338', '36358', '31980', '88.0'], ['latin america', '-33891 ( 33891 )', '-30593 ( 30593 )', '-3298 ( 3298 )', '10.8'], ['connected fitness', '-36820 ( 36820 )', '-61301 ( 61301 )', '24481', '39.9'], ['total operating income', '$ 417471', '$ 408547', '$ 8924', '2.2% ( 2.2 % )']]\n\nFollowing Text:\nthe increase in total operating income was driven by the following : 2022 operating income in our north america operating segment decreased $ 52.5 million to $ 408.4 million in 2016 from $ 461.0 million in 2015 primarily due to decreases in gross margin discussed above in the consolidated results of operations and $ 17.0 million in expenses related to the liquidation of the sports authority , comprised of $ 15.2 million in bad debt expense and $ 1.8 million of in-store fixture impairment .\nin addition , this decrease reflects the movement of $ 11.1 million in expenses resulting from a strategic shift in headcount supporting our global business from our connected fitness operating segment to north america .\nthis decrease is partially offset by the increases in revenue discussed above in the consolidated results of operations .\n2022 operating income in our emea operating segment increased $ 8.3 million to $ 11.4 million in 2016 from $ 3.1 million in 2015 primarily due to sales growth discussed above and reductions in incentive compensation .\nthis increase was offset by investments in sports marketing and infrastructure for future growth .\n2022 operating income in our asia-pacific operating segment increased $ 31.9 million to $ 68.3 million in 2016 from $ 36.4 million in 2015 primarily due to sales growth discussed above and reductions in incentive compensation .\nthis increase was offset by investments in our direct-to-consumer business and entry into new territories .\n2022 operating loss in our latin america operating segment increased $ 3.3 million to $ 33.9 million in 2016 from $ 30.6 million in 2015 primarily due to increased investments to support growth in the region and the economic challenges in brazil during the period .\nthis increase in operating loss was offset by sales growth discussed above and reductions in incentive compensation .\n2022 operating loss in our connected fitness segment decreased $ 24.5 million to $ 36.8 million in 2016 from $ 61.3 million in 2015 primarily driven by sales growth discussed above .\nseasonality historically , we have recognized a majority of our net revenues and a significant portion of our income from operations in the last two quarters of the year , driven primarily by increased sales volume of our products during the fall selling season , including our higher priced cold weather products , along with a larger proportion of higher margin direct to consumer sales .\nthe level of our working capital generally reflects the seasonality and growth in our business .\nwe generally expect inventory , accounts payable and certain accrued expenses to be higher in the second and third quarters in preparation for the fall selling season. .\n\nQuestion: what portion of total operating income is generated by north america segment in 2015?",
        "solution": "112.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_93.pdf\n\nID: SNA/2013/page_93.pdf-3\n\nPrevious Text:\na valuation allowance totaling $ 45.4 million , $ 43.9 million and $ 40.4 million as of 2013 , 2012 and 2011 year end , respectively , has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized .\nrealization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration .\nalthough realization is not assured , management believes it is more- likely-than-not that the net deferred income tax assets will be realized .\nthe amount of the net deferred income tax assets considered realizable , however , could change in the near term if estimates of future taxable income during the carryforward period fluctuate .\nthe following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for 2013 , 2012 and ( amounts in millions ) 2013 2012 2011 .\n\nTable Data:\n[['( amounts in millions )', '2013', '2012', '2011'], ['unrecognized tax benefits at beginning of year', '$ 6.8', '$ 11.0', '$ 11.1'], ['gross increases 2013 tax positions in prior periods', '1.5', '0.7', '0.5'], ['gross decreases 2013 tax positions in prior periods', '-1.6 ( 1.6 )', '-4.9 ( 4.9 )', '-0.4 ( 0.4 )'], ['gross increases 2013 tax positions in the current period', '0.5', '1.2', '2.8'], ['settlements with taxing authorities', '-2.1 ( 2.1 )', '2013', '-1.2 ( 1.2 )'], ['lapsing of statutes of limitations', '-0.5 ( 0.5 )', '-1.2 ( 1.2 )', '-1.8 ( 1.8 )'], ['unrecognized tax benefits at end of year', '$ 4.6', '$ 6.8', '$ 11.0']]\n\nFollowing Text:\nof the $ 4.6 million , $ 6.8 million and $ 11.0 million of unrecognized tax benefits as of 2013 , 2012 and 2011 year end , respectively , approximately $ 4.6 million , $ 4.1 million and $ 9.1 million , respectively , would impact the effective income tax rate if recognized .\ninterest and penalties related to unrecognized tax benefits are recorded in income tax expense .\nduring 2013 and 2012 , the company reversed a net $ 0.6 million and $ 0.5 million , respectively , of interest and penalties to income associated with unrecognized tax benefits .\nas of 2013 , 2012 and 2011 year end , the company has provided for $ 0.9 million , $ 1.6 million and $ 1.6 million , respectively , of accrued interest and penalties related to unrecognized tax benefits .\nthe unrecognized tax benefits and related accrued interest and penalties are included in 201cother long-term liabilities 201d on the accompanying consolidated balance sheets .\nsnap-on and its subsidiaries file income tax returns in the united states and in various state , local and foreign jurisdictions .\nit is reasonably possible that certain unrecognized tax benefits may either be settled with taxing authorities or the statutes of limitations for such items may lapse within the next 12 months , causing snap-on 2019s gross unrecognized tax benefits to decrease by a range of zero to $ 1.1 million .\nover the next 12 months , snap-on anticipates taking certain tax positions on various tax returns for which the related tax benefit does not meet the recognition threshold .\naccordingly , snap-on 2019s gross unrecognized tax benefits may increase by a range of zero to $ 0.8 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings .\nwith few exceptions , snap-on is no longer subject to u.s .\nfederal and state/local income tax examinations by tax authorities for years prior to 2008 , and snap-on is no longer subject to non-u.s .\nincome tax examinations by tax authorities for years prior to 2006 .\nthe undistributed earnings of all non-u.s .\nsubsidiaries totaled $ 556.0 million , $ 492.2 million and $ 416.4 million as of 2013 , 2012 and 2011 year end , respectively .\nsnap-on has not provided any deferred taxes on these undistributed earnings as it considers the undistributed earnings to be permanently invested .\ndetermination of the amount of unrecognized deferred income tax liability related to these earnings is not practicable .\n2013 annual report 83 .\n\nQuestion: what percent of unrecognized tax benefits as of 2012 would not impact the effective income tax rate if recognized?",
        "solution": "39.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_424.pdf\n\nID: ETR/2016/page_424.pdf-2\n\nPrevious Text:\nentergy texas , inc .\nand subsidiaries management 2019s financial discussion and analysis in addition to the contractual obligations given above , entergy texas expects to contribute approximately $ 17 million to its qualified pension plans and approximately $ 3.2 million to other postretirement health care and life insurance plans in 2017 , although the 2017 required pension contributions will be known with more certainty when the january 1 , 2017 valuations are completed , which is expected by april 1 , 2017 .\nsee 201ccritical accounting estimates - qualified pension and other postretirement benefits 201d below for a discussion of qualified pension and other postretirement benefits funding .\nalso in addition to the contractual obligations , entergy texas has $ 15.6 million of unrecognized tax benefits and interest net of unused tax attributes and payments for which the timing of payments beyond 12 months cannot be reasonably estimated due to uncertainties in the timing of effective settlement of tax positions .\nsee note 3 to the financial statements for additional information regarding unrecognized tax benefits .\nin addition to routine capital spending to maintain operations , the planned capital investment estimate for entergy texas includes specific investments such as the montgomery county power station discussed below ; transmission projects to enhance reliability , reduce congestion , and enable economic growth ; distribution spending to enhance reliability and improve service to customers , including initial investment to support advanced metering ; system improvements ; and other investments .\nestimated capital expenditures are subject to periodic review and modification and may vary based on the ongoing effects of regulatory constraints and requirements , environmental compliance , business opportunities , market volatility , economic trends , business restructuring , changes in project plans , and the ability to access capital .\nmanagement provides more information on long-term debt in note 5 to the financial statements .\nas discussed above in 201ccapital structure , 201d entergy texas routinely evaluates its ability to pay dividends to entergy corporation from its earnings .\nsources of capital entergy texas 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt or preferred stock issuances ; and 2022 bank financing under new or existing facilities .\nentergy texas may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable .\nall debt and common and preferred stock issuances by entergy texas require prior regulatory approval .\ndebt issuances are also subject to issuance tests set forth in its bond indenture and other agreements .\nentergy texas has sufficient capacity under these tests to meet its foreseeable capital needs .\nentergy texas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. .\n\nTable Data:\n[['2016', '2015', '2014', '2013'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 681', '( $ 22068 )', '$ 306', '$ 6287']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nentergy texas has a credit facility in the amount of $ 150 million scheduled to expire in august 2021 .\nthe credit facility allows entergy texas to issue letters of credit against 50% ( 50 % ) of the borrowing capacity of the facility .\nas of december 31 , 2016 , there were no cash borrowings and $ 4.7 million of letters of credit outstanding under the credit facility .\nin addition , entergy texas is a party to an uncommitted letter of credit facility as a means to post collateral .\n\nQuestion: what is the dollar amount in millions of letters of credit that can be issued under the august 2021 credit facility?",
        "solution": "75"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2015/page_111.pdf\n\nID: ETR/2015/page_111.pdf-2\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements the ferc proceedings that resulted from rate filings made in 2007 , 2008 , and 2009 have been resolved by various orders issued by the ferc and appellate courts .\nsee below for a discussion of rate filings since 2009 and the comprehensive recalculation filing directed by the ferc in the proceeding related to the 2010 rate filing .\n2010 rate filing based on calendar year 2009 production costs in may 2010 , entergy filed with the ferc the 2010 rates in accordance with the ferc 2019s orders in the system agreement proceeding , and supplemented the filing in september 2010 .\nseveral parties intervened in the proceeding at the ferc , including the lpsc and the city council , which also filed protests .\nin july 2010 the ferc accepted entergy 2019s proposed rates for filing , effective june 1 , 2010 , subject to refund , and set the proceeding for hearing and settlement procedures .\nsettlement procedures have been terminated , and the alj scheduled hearings to begin in march 2011 .\nsubsequently , in january 2011 the alj issued an order directing the parties and ferc staff to show cause why this proceeding should not be stayed pending the issuance of ferc decisions in the prior production cost proceedings currently before the ferc on review .\nin march 2011 the alj issued an order placing this proceeding in abeyance .\nin october 2013 the ferc issued an order granting clarification and denying rehearing with respect to its october 2011 rehearing order in this proceeding .\nthe ferc clarified that in a bandwidth proceeding parties can challenge erroneous inputs , implementation errors , or prudence of cost inputs , but challenges to the bandwidth formula itself must be raised in a federal power act section 206 complaint or section 205 filing .\nsubsequently in october 2013 the presiding alj lifted the stay order holding in abeyance the hearing previously ordered by the ferc and directing that the remaining issues proceed to a hearing on the merits .\nthe hearing was held in march 2014 and the presiding alj issued an initial decision in september 2014 .\nbriefs on exception were filed in october 2014 .\nin december 2015 the ferc issued an order affirming the initial decision in part and rejecting the initial decision in part .\namong other things , the december 2015 order directs entergy services to submit a compliance filing , the results of which may affect the rough production cost equalization filings made for the june - december 2005 , 2006 , 2007 , and 2008 test periods .\nin january 2016 the lpsc , the apsc , and entergy services filed requests for rehearing of the ferc 2019s december 2015 order .\nin february 2016 , entergy services submitted the compliance filing ordered in the december 2015 order .\nthe result of the true-up payments and receipts for the recalculation of production costs resulted in the following payments/receipts among the utility operating companies : payments ( receipts ) ( in millions ) .\n\nTable Data:\n[['', 'payments ( receipts ) ( in millions )'], ['entergy arkansas', '$ 2'], ['entergy louisiana', '$ 6'], ['entergy mississippi', '( $ 4 )'], ['entergy new orleans', '( $ 1 )'], ['entergy texas', '( $ 3 )']]\n\nFollowing Text:\n2011 rate filing based on calendar year 2010 production costs in may 2011 , entergy filed with the ferc the 2011 rates in accordance with the ferc 2019s orders in the system agreement proceeding .\nseveral parties intervened in the proceeding at the ferc , including the lpsc , which also filed a protest .\nin july 2011 the ferc accepted entergy 2019s proposed rates for filing , effective june 1 , 2011 , subject to refund , set the proceeding for hearing procedures , and then held those procedures in abeyance pending ferc decisions in the prior production cost proceedings currently before the ferc on review .\nin january 2014 the lpsc filed a petition for a writ of mandamus at the united states court of appeals for the fifth circuit .\nin its petition , the lpsc requested that the fifth circuit issue an order compelling the ferc to issue a final order in several proceedings related to the system agreement , including the 2011 rate filing based on calendar year 2010 production costs and the 2012 and 2013 rate filings discussed below .\nin march 2014 the fifth circuit rejected the lpsc 2019s petition for a writ of mandamus .\nin december 2014 the ferc rescinded its earlier abeyance order and consolidated the 2011 rate filing with the 2012 , 2013 .\n\nQuestion: what is the difference in payments between entergy louisiana and entergy mississippi , in millions?",
        "solution": "10"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2015/page_62.pdf\n\nID: PKG/2015/page_62.pdf-1\n\nPrevious Text:\ncash payments for federal , state , and foreign income taxes were $ 238.3 million , $ 189.5 million , and $ 90.7 million for the years ended december 31 , 2015 , 2014 , and 2013 , respectively .\nthe following table summarizes the changes related to pca 2019s gross unrecognized tax benefits excluding interest and penalties ( dollars in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['balance as of january 1', '$ -4.4 ( 4.4 )', '$ -5.4 ( 5.4 )', '$ -111.3 ( 111.3 )'], ['increase related to acquisition of boise inc . ( a )', '2014', '2014', '-65.2 ( 65.2 )'], ['increases related to prior years 2019 tax positions', '-2.8 ( 2.8 )', '-1.0 ( 1.0 )', '-0.1 ( 0.1 )'], ['increases related to current year tax positions', '-0.4 ( 0.4 )', '-0.3 ( 0.3 )', '-1.5 ( 1.5 )'], [\"decreases related to prior years' tax positions ( b )\", '2014', '0.9', '64.8'], ['settlements with taxing authorities ( c )', '0.7', '0.5', '106.2'], ['expiration of the statute of limitations', '1.1', '0.9', '1.7'], ['balance at december 31', '$ -5.8 ( 5.8 )', '$ -4.4 ( 4.4 )', '$ -5.4 ( 5.4 )']]\n\nFollowing Text:\n( a ) in 2013 , pca acquired $ 65.2 million of gross unrecognized tax benefits from boise inc .\nthat related primarily to the taxability of the alternative energy tax credits .\n( b ) the 2013 amount includes a $ 64.3 million gross decrease related to the taxability of the alternative energy tax credits claimed in 2009 excise tax returns by boise inc .\nfor further discussion regarding these credits , see note 7 , alternative energy tax credits .\n( c ) the 2013 amount includes a $ 104.7 million gross decrease related to the conclusion of the internal revenue service audit of pca 2019s alternative energy tax credits .\nfor further discussion regarding these credits , see note 7 , alternative energy tax credits .\nat december 31 , 2015 , pca had recorded a $ 5.8 million gross reserve for unrecognized tax benefits , excluding interest and penalties .\nof the total , $ 4.2 million ( net of the federal benefit for state taxes ) would impact the effective tax rate if recognized .\npca recognizes interest accrued related to unrecognized tax benefits and penalties as income tax expense .\nat december 31 , 2015 and 2014 , we had an insignificant amount of interest and penalties recorded for unrecognized tax benefits included in the table above .\npca does not expect the unrecognized tax benefits to change significantly over the next 12 months .\npca is subject to taxation in the united states and various state and foreign jurisdictions .\na federal examination of the tax years 2010 2014 2012 was concluded in february 2015 .\na federal examination of the 2013 tax year began in october 2015 .\nthe tax years 2014 2014 2015 remain open to federal examination .\nthe tax years 2011 2014 2015 remain open to state examinations .\nsome foreign tax jurisdictions are open to examination for the 2008 tax year forward .\nthrough the boise acquisition , pca recorded net operating losses and credit carryforwards from 2008 through 2011 and 2013 that are subject to examinations and adjustments for at least three years following the year in which utilized .\n7 .\nalternative energy tax credits the company generates black liquor as a by-product of its pulp manufacturing process , which entitled it to certain federal income tax credits .\nwhen black liquor is mixed with diesel , it is considered an alternative fuel that was eligible for a $ 0.50 per gallon refundable alternative energy tax credit for gallons produced before december 31 , 2009 .\nblack liquor was also eligible for a $ 1.01 per gallon taxable cellulosic biofuel producer credit for gallons of black liquor produced and used in 2009 .\nin 2013 , we reversed $ 166.0 million of a reserve for unrecognized tax benefits for alternative energy tax credits as a benefit to income taxes .\napproximately $ 103.9 million ( $ 102.0 million of tax , net of the federal benefit for state taxes , plus $ 1.9 million of accrued interest ) of the reversal is due to the completion of the irs .\n\nQuestion: what was the difference in millions of cash payments for federal , state , and foreign income taxes between 2014 and 2015?",
        "solution": "48.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2006/page_42.pdf\n\nID: CDNS/2006/page_42.pdf-2\n\nPrevious Text:\noperating expenses as a percentage of total revenue .\n\nTable Data:\n[['', '2006', '2005', '2004'], ['marketing and sales', '27% ( 27 % )', '28% ( 28 % )', '28% ( 28 % )'], ['research and development', '31% ( 31 % )', '29% ( 29 % )', '31% ( 31 % )'], ['general and administrative', '10% ( 10 % )', '10% ( 10 % )', '7% ( 7 % )']]\n\nFollowing Text:\noperating expense summary 2006 compared to 2005 overall operating expenses increased $ 122.5 million in 2006 , as compared to 2005 , primarily due to : 2022 an increase of $ 58.4 million in stock-based compensation expense due to our adoption of sfas no .\n123r ; and 2022 an increase of $ 49.2 million in salary , benefits and other employee-related costs , primarily due to an increased number of employees and increases in bonus and commission costs , in part due to our acquisition of verisity ltd. , or verisity , in the second quarter of 2005 .\n2005 compared to 2004 operating expenses increased $ 97.4 million in 2005 , as compared to 2004 , primarily due to : 2022 an increase of $ 63.3 million in employee salary and benefit costs , primarily due to our acquisition of verisity and increased bonus and commission costs ; 2022 an increase of $ 9.9 million in stock-based compensation expense due to grants of restricted stock and the assumption of options in our acquisitions ; 2022 an increase of $ 8.6 million in losses associated with the sale of installment contract receivables ; and 2022 an increase of $ 7.1 million in costs related to the retirement of our executive chairman and former president and chief executive officer in 2005 ; partially offset by 2022 our restructuring activities , as discussed below .\nmarketing and sales 2006 compared to 2005 marketing and sales expenses increased $ 39.4 million in 2006 , as compared to 2005 , primarily due to : 2022 an increase of $ 14.8 million in stock-based compensation expense due to our adoption of sfas no .\n123r ; 2022 an increase of $ 18.2 million in employee salary , commissions , benefits and other employee-related costs due to increased hiring of sales and technical personnel , and higher commissions earned resulting from an increase in 2006 sales performance ; and 2022 an increase of $ 7.8 million in marketing programs and customer-focused conferences due to our new marketing initiatives and increased travel to visit our customers .\n2005 compared to 2004 marketing and sales expenses increased $ 33.1 million in 2005 , as compared to 2004 , primarily due to : 2022 an increase of $ 29.4 million in employee salary , commission and benefit costs due to increased hiring of sales and technical personnel and higher employee bonuses and commissions ; and 2022 an increase of $ 1.6 million in stock-based compensation expense due to grants of restricted stock and the assumption of options in our acquisitions ; partially offset by 2022 a decrease of $ 1.9 million in marketing program costs. .\n\nQuestion: what was the change in marketing and sales expenses as a percentage of total revenue from 2005 to 2006?",
        "solution": "-1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2008/page_177.pdf\n\nID: JPM/2008/page_177.pdf-1\n\nPrevious Text:\njpmorgan chase & co .\n/ 2008 annual report 175jpmorgan chase & co .\n/ 2008 annual report 175jpmorgan chase & co .\n/ 2008 annual report 175jpmorgan chase & co .\n/ 2008 annual report 175jpmorgan chase & co .\n/ 2008 annual report 175 securities borrowed and securities lent are recorded at the amount of cash collateral advanced or received .\nsecurities borrowed consist primarily of government and equity securities .\njpmorgan chase moni- tors the market value of the securities borrowed and lent on a daily basis and calls for additional collateral when appropriate .\nfees received or paid in connection with securities borrowed and lent are recorded in interest income or interest expense .\nthe following table details the components of collateralized financings. .\n\nTable Data:\n[['december 31 ( in millions )', '2008', '2007'], ['securities purchased under resale agreements ( a )', '$ 200265', '$ 169305'], ['securities borrowed ( b )', '124000', '84184'], ['securities sold under repurchase agreements ( c )', '$ 174456', '$ 126098'], ['securities loaned', '6077', '10922']]\n\nFollowing Text:\n( a ) includes resale agreements of $ 20.8 billion and $ 19.1 billion accounted for at fair value at december 31 , 2008 and 2007 , respectively .\n( b ) includes securities borrowed of $ 3.4 billion accounted for at fair value at december 31 , 2008 .\n( c ) includes repurchase agreements of $ 3.0 billion and $ 5.8 billion accounted for at fair value at december 31 , 2008 and 2007 , respectively .\njpmorgan chase pledges certain financial instruments it owns to col- lateralize repurchase agreements and other securities financings .\npledged securities that can be sold or repledged by the secured party are identified as financial instruments owned ( pledged to various parties ) on the consolidated balance sheets .\nat december 31 , 2008 , the firm received securities as collateral that could be repledged , delivered or otherwise used with a fair value of approximately $ 511.9 billion .\nthis collateral was generally obtained under resale or securities borrowing agreements .\nof these securities , approximately $ 456.6 billion were repledged , delivered or otherwise used , generally as collateral under repurchase agreements , securities lending agreements or to cover short sales .\nnote 14 2013 loans the accounting for a loan may differ based upon whether it is origi- nated or purchased and as to whether the loan is used in an invest- ing or trading strategy .\nfor purchased loans held-for-investment , the accounting also differs depending on whether a loan is credit- impaired at the date of acquisition .\npurchased loans with evidence of credit deterioration since the origination date and for which it is probable , at acquisition , that all contractually required payments receivable will not be collected are considered to be credit-impaired .\nthe measurement framework for loans in the consolidated financial statements is one of the following : 2022 at the principal amount outstanding , net of the allowance for loan losses , unearned income and any net deferred loan fees or costs , for loans held for investment ( other than purchased credit- impaired loans ) ; 2022 at the lower of cost or fair value , with valuation changes record- ed in noninterest revenue , for loans that are classified as held- for-sale ; or 2022 at fair value , with changes in fair value recorded in noninterest revenue , for loans classified as trading assets or risk managed on a fair value basis ; 2022 purchased credit-impaired loans held for investment are account- ed for under sop 03-3 and initially measured at fair value , which includes estimated future credit losses .\naccordingly , an allowance for loan losses related to these loans is not recorded at the acquisition date .\nsee note 5 on pages 156 2013158 of this annual report for further information on the firm 2019s elections of fair value accounting under sfas 159 .\nsee note 6 on pages 158 2013160 of this annual report for further information on loans carried at fair value and classified as trading assets .\nfor loans held for investment , other than purchased credit-impaired loans , interest income is recognized using the interest method or on a basis approximating a level rate of return over the term of the loan .\nloans within the held-for-investment portfolio that management decides to sell are transferred to the held-for-sale portfolio .\ntransfers to held-for-sale are recorded at the lower of cost or fair value on the date of transfer .\ncredit-related losses are charged off to the allowance for loan losses and losses due to changes in interest rates , or exchange rates , are recognized in noninterest revenue .\nloans within the held-for-sale portfolio that management decides to retain are transferred to the held-for-investment portfolio at the lower of cost or fair value .\nthese loans are subsequently assessed for impairment based on the firm 2019s allowance methodology .\nfor a fur- ther discussion of the methodologies used in establishing the firm 2019s allowance for loan losses , see note 15 on pages 178 2013180 of this annual report .\nnonaccrual loans are those on which the accrual of interest is dis- continued .\nloans ( other than certain consumer and purchased credit- impaired loans discussed below ) are placed on nonaccrual status immediately if , in the opinion of management , full payment of princi- pal or interest is in doubt , or when principal or interest is 90 days or more past due and collateral , if any , is insufficient to cover principal and interest .\nloans are charged off to the allowance for loan losses when it is highly certain that a loss has been realized .\ninterest accrued but not collected at the date a loan is placed on nonaccrual status is reversed against interest income .\nin addition , the amortiza- tion of net deferred loan fees is suspended .\ninterest income on nonaccrual loans is recognized only to the extent it is received in cash .\nhowever , where there is doubt regarding the ultimate col- lectibility of loan principal , all cash thereafter received is applied to reduce the carrying value of such loans ( i.e. , the cost recovery method ) .\nloans are restored to accrual status only when future pay- ments of interest and principal are reasonably assured .\nconsumer loans , other than purchased credit-impaired loans , are generally charged to the allowance for loan losses upon reaching specified stages of delinquency , in accordance with the federal financial institutions examination council policy .\nfor example , credit card loans are charged off by the end of the month in which the account becomes 180 days past due or within 60 days from receiv- ing notification of the filing of bankruptcy , whichever is earlier .\nresidential mortgage products are generally charged off to net real- izable value at no later than 180 days past due .\nother consumer .\n\nQuestion: what was the ratio of the securities borrowed to the securities loaned in 2008",
        "solution": "20.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2016/page_140.pdf\n\nID: JPM/2016/page_140.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis 102 jpmorgan chase & co./2016 annual report derivative contracts in the normal course of business , the firm uses derivative instruments predominantly for market-making activities .\nderivatives enable customers to manage exposures to fluctuations in interest rates , currencies and other markets .\nthe firm also uses derivative instruments to manage its own credit and other market risk exposure .\nthe nature of the counterparty and the settlement mechanism of the derivative affect the credit risk to which the firm is exposed .\nfor otc derivatives the firm is exposed to the credit risk of the derivative counterparty .\nfor exchange- traded derivatives ( 201cetd 201d ) , such as futures and options and 201ccleared 201d over-the-counter ( 201cotc-cleared 201d ) derivatives , the firm is generally exposed to the credit risk of the relevant ccp .\nwhere possible , the firm seeks to mitigate its credit risk exposures arising from derivative transactions through the use of legally enforceable master netting arrangements and collateral agreements .\nfor further discussion of derivative contracts , counterparties and settlement types , see note 6 .\nthe following table summarizes the net derivative receivables for the periods presented .\nderivative receivables .\n\nTable Data:\n[['december 31 ( in millions )', '2016', '2015'], ['interest rate', '$ 28302', '$ 26363'], ['credit derivatives', '1294', '1423'], ['foreign exchange', '23271', '17177'], ['equity', '4939', '5529'], ['commodity', '6272', '9185'], ['total net of cash collateral', '64078', '59677'], ['liquid securities and other cash collateral held against derivative receivables ( a )', '-22705 ( 22705 )', '-16580 ( 16580 )'], ['total net of all collateral', '$ 41373', '$ 43097']]\n\nFollowing Text:\n( a ) includes collateral related to derivative instruments where an appropriate legal opinion has not been either sought or obtained .\nderivative receivables reported on the consolidated balance sheets were $ 64.1 billion and $ 59.7 billion at december 31 , 2016 and 2015 , respectively .\nthese amounts represent the fair value of the derivative contracts after giving effect to legally enforceable master netting agreements and cash collateral held by the firm .\nhowever , in management 2019s view , the appropriate measure of current credit risk should also take into consideration additional liquid securities ( primarily u.s .\ngovernment and agency securities and other group of seven nations ( 201cg7 201d ) government bonds ) and other cash collateral held by the firm aggregating $ 22.7 billion and $ 16.6 billion at december 31 , 2016 and 2015 , respectively , that may be used as security when the fair value of the client 2019s exposure is in the firm 2019s favor .\nthe change in derivative receivables was predominantly related to client-driven market-making activities in cib .\nthe increase in derivative receivables reflected the impact of market movements , which increased foreign exchange receivables , partially offset by reduced commodity derivative receivables .\nin addition to the collateral described in the preceding paragraph , the firm also holds additional collateral ( primarily cash , g7 government securities , other liquid government-agency and guaranteed securities , and corporate debt and equity securities ) delivered by clients at the initiation of transactions , as well as collateral related to contracts that have a non-daily call frequency and collateral that the firm has agreed to return but has not yet settled as of the reporting date .\nalthough this collateral does not reduce the balances and is not included in the table above , it is available as security against potential exposure that could arise should the fair value of the client 2019s derivative transactions move in the firm 2019s favor .\nthe derivative receivables fair value , net of all collateral , also does not include other credit enhancements , such as letters of credit .\nfor additional information on the firm 2019s use of collateral agreements , see note 6 .\nwhile useful as a current view of credit exposure , the net fair value of the derivative receivables does not capture the potential future variability of that credit exposure .\nto capture the potential future variability of credit exposure , the firm calculates , on a client-by-client basis , three measures of potential derivatives-related credit loss : peak , derivative risk equivalent ( 201cdre 201d ) , and average exposure ( 201cavg 201d ) .\nthese measures all incorporate netting and collateral benefits , where applicable .\npeak represents a conservative measure of potential exposure to a counterparty calculated in a manner that is broadly equivalent to a 97.5% ( 97.5 % ) confidence level over the life of the transaction .\npeak is the primary measure used by the firm for setting of credit limits for derivative transactions , senior management reporting and derivatives exposure management .\ndre exposure is a measure that expresses the risk of derivative exposure on a basis intended to be equivalent to the risk of loan exposures .\ndre is a less extreme measure of potential credit loss than peak and is used for aggregating derivative credit risk exposures with loans and other credit risk .\nfinally , avg is a measure of the expected fair value of the firm 2019s derivative receivables at future time periods , including the benefit of collateral .\navg exposure over the total life of the derivative contract is used as the primary metric for pricing purposes and is used to calculate credit capital and the cva , as further described below .\nthe three year avg exposure was $ 31.1 billion and $ 32.4 billion at december 31 , 2016 and 2015 , respectively , compared with derivative receivables , net of all collateral , of $ 41.4 billion and $ 43.1 billion at december 31 , 2016 and 2015 , respectively .\nthe fair value of the firm 2019s derivative receivables incorporates an adjustment , the cva , to reflect the credit quality of counterparties .\nthe cva is based on the firm 2019s avg to a counterparty and the counterparty 2019s credit spread in the credit derivatives market .\nthe primary components of changes in cva are credit spreads , new deal activity or unwinds , and changes in the underlying market environment .\nthe firm believes that active risk management is essential to controlling the dynamic credit .\n\nQuestion: what was the ratio of the avg exposure compared with derivative receivables , net of all collateral in 2016",
        "solution": "0.75"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2010/page_125.pdf\n\nID: MA/2010/page_125.pdf-2\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014continued in september 2010 , the company 2019s board of directors authorized a plan for the company to repurchase up to $ 1 billion of its class a common stock in open market transactions .\nthe company did not repurchase any shares under this plan during 2010 .\nas of february 16 , 2011 , the company had completed the repurchase of approximately 0.3 million shares of its class a common stock at a cost of approximately $ 75 million .\nnote 18 .\nshare based payment and other benefits in may 2006 , the company implemented the mastercard incorporated 2006 long-term incentive plan , which was amended and restated as of october 13 , 2008 ( the 201cltip 201d ) .\nthe ltip is a shareholder-approved omnibus plan that permits the grant of various types of equity awards to employees .\nthe company has granted restricted stock units ( 201crsus 201d ) , non-qualified stock options ( 201coptions 201d ) and performance stock units ( 201cpsus 201d ) under the ltip .\nthe rsus generally vest after three to four years .\nthe options , which expire ten years from the date of grant , generally vest ratably over four years from the date of grant .\nthe psus generally vest after three years .\nadditionally , the company made a one-time grant to all non-executive management employees upon the ipo for a total of approximately 440 thousand rsus ( the 201cfounders 2019 grant 201d ) .\nthe founders 2019 grant rsus vested three years from the date of grant .\nthe company uses the straight-line method of attribution for expensing equity awards .\ncompensation expense is recorded net of estimated forfeitures .\nestimates are adjusted as appropriate .\nupon termination of employment , excluding retirement , all of a participant 2019s unvested awards are forfeited .\nhowever , when a participant terminates employment due to retirement , the participant generally retains all of their awards without providing additional service to the company .\neligible retirement is dependent upon age and years of service , as follows : age 55 with ten years of service , age 60 with five years of service and age 65 with two years of service .\ncompensation expense is recognized over the shorter of the vesting periods stated in the ltip , or the date the individual becomes eligible to retire .\nthere are 11550000 shares of class a common stock reserved for equity awards under the ltip .\nalthough the ltip permits the issuance of shares of class b common stock , no such shares have been reserved for issuance .\nshares issued as a result of option exercises and the conversions of rsus and psus are expected to be funded primarily with the issuance of new shares of class a common stock .\nstock options the fair value of each option is estimated on the date of grant using a black-scholes option pricing model .\nthe following table presents the weighted-average assumptions used in the valuation and the resulting weighted- average fair value per option granted for the years ended december 31: .\n\nTable Data:\n[['', '2010', '2009', '2008'], ['risk-free rate of return', '2.7% ( 2.7 % )', '2.5% ( 2.5 % )', '3.2% ( 3.2 % )'], ['expected term ( in years )', '6.25', '6.17', '6.25'], ['expected volatility', '32.7% ( 32.7 % )', '41.7% ( 41.7 % )', '37.9% ( 37.9 % )'], ['expected dividend yield', '0.3% ( 0.3 % )', '0.4% ( 0.4 % )', '0.3% ( 0.3 % )'], ['weighted-average fair value per option granted', '$ 84.62', '$ 71.03', '$ 78.54']]\n\nFollowing Text:\nthe risk-free rate of return was based on the u.s .\ntreasury yield curve in effect on the date of grant .\nthe company utilizes the simplified method for calculating the expected term of the option based on the vesting terms and the contractual life of the option .\nthe expected volatility for options granted during 2010 and 2009 was based on the average of the implied volatility of mastercard and a blend of the historical volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to .\n\nQuestion: what is the average expected dividend yield during 2008-2010?",
        "solution": "0.33%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2016/page_53.pdf\n\nID: HWM/2016/page_53.pdf-1\n\nPrevious Text:\nthird-party sales for the engineered products and solutions segment improved 7% ( 7 % ) in 2016 compared with 2015 , primarily attributable to higher third-party sales of the two acquired businesses ( $ 457 ) , primarily related to the aerospace end market , and increased demand from the industrial gas turbine end market , partially offset by lower volumes in the oil and gas end market and commercial transportation end market as well as pricing pressures in aerospace .\nthird-party sales for this segment improved 27% ( 27 % ) in 2015 compared with 2014 , largely attributable to the third-party sales ( $ 1310 ) of the three acquired businesses ( see above ) , and higher volumes in this segment 2019s legacy businesses , both of which were primarily related to the aerospace end market .\nthese positive impacts were slightly offset by unfavorable foreign currency movements , principally driven by a weaker euro .\natoi for the engineered products and solutions segment increased $ 47 , or 8% ( 8 % ) , in 2016 compared with 2015 , primarily related to net productivity improvements across all businesses as well as the volume increase from both the rti acquisition and organic revenue growth , partially offset by a lower margin product mix and pricing pressures in the aerospace end market .\natoi for this segment increased $ 16 , or 3% ( 3 % ) , in 2015 compared with 2014 , principally the result of net productivity improvements across most businesses , a positive contribution from acquisitions , and overall higher volumes in this segment 2019s legacy businesses .\nthese positive impacts were partially offset by unfavorable price and product mix , higher costs related to growth projects , and net unfavorable foreign currency movements , primarily related to a weaker euro .\nin 2017 , demand in the commercial aerospace end market is expected to remain strong , driven by the ramp up of new aerospace engine platforms , somewhat offset by continued customer destocking and engine ramp-up challenges .\ndemand in the defense end market is expected to grow due to the continuing ramp-up of certain aerospace programs .\nadditionally , net productivity improvements are anticipated while pricing pressure across all markets is likely to continue .\ntransportation and construction solutions .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['third-party sales', '$ 1802', '$ 1882', '$ 2021'], ['atoi', '$ 176', '$ 166', '$ 180']]\n\nFollowing Text:\nthe transportation and construction solutions segment produces products that are used mostly in the nonresidential building and construction and commercial transportation end markets .\nsuch products include integrated aluminum structural systems , architectural extrusions , and forged aluminum commercial vehicle wheels , which are sold both directly to customers and through distributors .\na small part of this segment also produces aluminum products for the industrial products end market .\ngenerally , the sales and costs and expenses of this segment are transacted in the local currency of the respective operations , which are primarily the u.s .\ndollar , the euro , and the brazilian real .\nthird-party sales for the transportation and construction solutions segment decreased 4% ( 4 % ) in 2016 compared with 2015 , primarily driven by lower demand from the north american commercial transportation end market , which was partially offset by rising demand from the building and construction end market .\nthird-party sales for this segment decreased 7% ( 7 % ) in 2015 compared with 2014 , primarily driven by unfavorable foreign currency movements , principally caused by a weaker euro and brazilian real , and lower volume related to the building and construction end market , somewhat offset by higher volume related to the commercial transportation end market .\natoi for the transportation and construction solutions segment increased $ 10 , or 6% ( 6 % ) , in 2016 compared with 2015 , principally driven by net productivity improvements across all businesses and growth in the building and construction segment , partially offset by lower demand in the north american heavy duty truck and brazilian markets. .\n\nQuestion: considering the years 2015-2016 , how bigger is the growth of the third-party sales for the engineered products and solutions segment in comparison with the transportation and construction solutions one?",
        "solution": "11.25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2016/page_50.pdf\n\nID: LMT/2016/page_50.pdf-2\n\nPrevious Text:\n2015 compared to 2014 mfc 2019s net sales in 2015 decreased $ 322 million , or 5% ( 5 % ) , compared to the same period in 2014 .\nthe decrease was attributable to lower net sales of approximately $ 345 million for air and missile defense programs due to fewer deliveries ( primarily pac-3 ) and lower volume ( primarily thaad ) ; and approximately $ 85 million for tactical missile programs due to fewer deliveries ( primarily guided multiple launch rocket system ( gmlrs ) ) and joint air-to-surface standoff missile , partially offset by increased deliveries for hellfire .\nthese decreases were partially offset by higher net sales of approximately $ 55 million for energy solutions programs due to increased volume .\nmfc 2019s operating profit in 2015 decreased $ 62 million , or 5% ( 5 % ) , compared to 2014 .\nthe decrease was attributable to lower operating profit of approximately $ 100 million for fire control programs due primarily to lower risk retirements ( primarily lantirn and sniper ) ; and approximately $ 65 million for tactical missile programs due to lower risk retirements ( primarily hellfire and gmlrs ) and fewer deliveries .\nthese decreases were partially offset by higher operating profit of approximately $ 75 million for air and missile defense programs due to increased risk retirements ( primarily thaad ) .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 60 million lower in 2015 compared to 2014 .\nbacklog backlog decreased in 2016 compared to 2015 primarily due to lower orders on pac-3 , hellfire , and jassm .\nbacklog increased in 2015 compared to 2014 primarily due to higher orders on pac-3 , lantirn/sniper and certain tactical missile programs , partially offset by lower orders on thaad .\ntrends we expect mfc 2019s net sales to increase in the mid-single digit percentage range in 2017 as compared to 2016 driven primarily by our air and missile defense programs .\noperating profit is expected to be flat or increase slightly .\naccordingly , operating profit margin is expected to decline from 2016 levels as a result of contract mix and fewer risk retirements in 2017 compared to 2016 .\nrotary and mission systems as previously described , on november 6 , 2015 , we acquired sikorsky and aligned the sikorsky business under our rms business segment .\nthe 2015 results of the acquired sikorsky business have been included in our financial results from the november 6 , 2015 acquisition date through december 31 , 2015 .\nas a result , our consolidated operating results and rms business segment operating results for the year ended december 31 , 2015 do not reflect a full year of sikorsky operations .\nour rms business segment provides design , manufacture , service and support for a variety of military and civil helicopters , ship and submarine mission and combat systems ; mission systems and sensors for rotary and fixed-wing aircraft ; sea and land-based missile defense systems ; radar systems ; the littoral combat ship ( lcs ) ; simulation and training services ; and unmanned systems and technologies .\nin addition , rms supports the needs of government customers in cybersecurity and delivers communication and command and control capabilities through complex mission solutions for defense applications .\nrms 2019 major programs include black hawk and seahawk helicopters , aegis combat system ( aegis ) , lcs , space fence , advanced hawkeye radar system , tpq-53 radar system , ch-53k development helicopter , and vh-92a helicopter program .\nrms 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['net sales', '$ 13462', '$ 9091', '$ 8732'], ['operating profit', '906', '844', '936'], ['operating margin', '6.7% ( 6.7 % )', '9.3% ( 9.3 % )', '10.7% ( 10.7 % )'], ['backlog atyear-end', '$ 28400', '$ 30100', '$ 13300']]\n\nFollowing Text:\n2016 compared to 2015 rms 2019 net sales in 2016 increased $ 4.4 billion , or 48% ( 48 % ) , compared to 2015 .\nthe increase was primarily attributable to higher net sales of approximately $ 4.6 billion from sikorsky , which was acquired on november 6 , 2015 .\nnet sales for 2015 include sikorsky 2019s results subsequent to the acquisition date , net of certain revenue adjustments required to account for the acquisition of this business .\nthis increase was partially offset by lower net sales of approximately $ 70 million for training .\n\nQuestion: what were average operating profit for rms in millions between 2014 and 2016?",
        "solution": "895"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2009/page_63.pdf\n\nID: PKG/2009/page_63.pdf-4\n\nPrevious Text:\nthere were no changes in the company 2019s valuation techniques used to measure fair values on a recurring basis as a result of adopting asc 820 .\npca had no assets or liabilities that were measured on a nonrecurring basis .\n11 .\nstockholders 2019 equity on october 17 , 2007 , pca announced that its board of directors authorized a $ 150.0 million common stock repurchase program .\nthere is no expiration date for the common stock repurchase program .\nthrough december 31 , 2008 , the company repurchased 3818729 shares of common stock , with 3142600 shares repurchased during 2008 and 676129 shares repurchased during 2007 .\nall repurchased shares were retired prior to december 31 , 2008 .\nthere were no shares repurchased in 2009 .\nas of december 31 , 2009 , $ 65.0 million of the $ 150.0 million authorization remained available for repurchase of the company 2019s common stock .\n12 .\ncommitments and contingencies capital commitments the company had authorized capital commitments of approximately $ 41.7 million and $ 43.0 million as of december 31 , 2009 and 2008 , respectively , in connection with the expansion and replacement of existing facilities and equipment .\nin addition , commitments at december 31 , 2009 for the major energy optimization projects at its counce and valdosta mills totaled $ 156.3 million .\nlease obligations pca leases space for certain of its facilities and cutting rights to approximately 91000 acres of timberland under long-term leases .\nthe company also leases equipment , primarily vehicles and rolling stock , and other assets under long-term leases with a duration of two to seven years .\nthe minimum lease payments under non-cancelable operating leases with lease terms in excess of one year are as follows: .\n\nTable Data:\n[['', '( in thousands )'], ['2010', '$ 28162'], ['2011', '25181'], ['2012', '17338'], ['2013', '11557'], ['2014', '7742'], ['thereafter', '18072'], ['total', '$ 108052']]\n\nFollowing Text:\ntotal lease expense , including base rent on all leases and executory costs , such as insurance , taxes , and maintenance , for the years ended december 31 , 2009 , 2008 and 2007 was $ 41.3 million , $ 41.6 million and $ 39.8 million , respectively .\nthese costs are included in cost of goods sold and selling and administrative expenses .\npca was obligated under capital leases covering buildings and machinery and equipment in the amount of $ 23.1 million and $ 23.7 million at december 31 , 2009 and 2008 , respectively .\nduring the fourth quarter of 2008 , the company entered into a capital lease relating to buildings and machinery , totaling $ 23.9 million , payable over 20 years .\nthis capital lease amount is a non-cash transaction and , accordingly , has been excluded packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2009 .\n\nQuestion: as of december 31 , 2009 , what percentage of the $ 150.0 million authorization remained available for repurchase of the company 2019s common stock?",
        "solution": "43.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2017/page_176.pdf\n\nID: GS/2017/page_176.pdf-4\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries notes to consolidated financial statements commercial lending .\nthe firm 2019s commercial lending commitments are extended to investment-grade and non-investment-grade corporate borrowers .\ncommitments to investment-grade corporate borrowers are principally used for operating liquidity and general corporate purposes .\nthe firm also extends lending commitments in connection with contingent acquisition financing and other types of corporate lending , as well as commercial real estate financing .\ncommitments that are extended for contingent acquisition financing are often intended to be short-term in nature , as borrowers often seek to replace them with other funding sources .\nsumitomo mitsui financial group , inc .\n( smfg ) provides the firm with credit loss protection on certain approved loan commitments ( primarily investment-grade commercial lending commitments ) .\nthe notional amount of such loan commitments was $ 25.70 billion and $ 26.88 billion as of december 2017 and december 2016 , respectively .\nthe credit loss protection on loan commitments provided by smfg is generally limited to 95% ( 95 % ) of the first loss the firm realizes on such commitments , up to a maximum of approximately $ 950 million .\nin addition , subject to the satisfaction of certain conditions , upon the firm 2019s request , smfg will provide protection for 70% ( 70 % ) of additional losses on such commitments , up to a maximum of $ 1.13 billion , of which $ 550 million and $ 768 million of protection had been provided as of december 2017 and december 2016 , respectively .\nthe firm also uses other financial instruments to mitigate credit risks related to certain commitments not covered by smfg .\nthese instruments primarily include credit default swaps that reference the same or similar underlying instrument or entity , or credit default swaps that reference a market index .\nwarehouse financing .\nthe firm provides financing to clients who warehouse financial assets .\nthese arrangements are secured by the warehoused assets , primarily consisting of retail and corporate loans .\ncontingent and forward starting collateralized agreements / forward starting collateralized financings contingent and forward starting collateralized agreements includes resale and securities borrowing agreements , and forward starting collateralized financings includes repurchase and secured lending agreements that settle at a future date , generally within three business days .\nthe firm also enters into commitments to provide contingent financing to its clients and counterparties through resale agreements .\nthe firm 2019s funding of these commitments depends on the satisfaction of all contractual conditions to the resale agreement and these commitments can expire unused .\nletters of credit the firm has commitments under letters of credit issued by various banks which the firm provides to counterparties in lieu of securities or cash to satisfy various collateral and margin deposit requirements .\ninvestment commitments investment commitments includes commitments to invest in private equity , real estate and other assets directly and through funds that the firm raises and manages .\ninvestment commitments included $ 2.09 billion and $ 2.10 billion as of december 2017 and december 2016 , respectively , related to commitments to invest in funds managed by the firm .\nif these commitments are called , they would be funded at market value on the date of investment .\nleases the firm has contractual obligations under long-term noncancelable lease agreements for office space expiring on various dates through 2069 .\ncertain agreements are subject to periodic escalation provisions for increases in real estate taxes and other charges .\nthe table below presents future minimum rental payments , net of minimum sublease rentals .\n$ in millions december 2017 .\n\nTable Data:\n[['$ in millions', 'as of december 2017'], ['2018', '$ 299'], ['2019', '282'], ['2020', '262'], ['2021', '205'], ['2022', '145'], ['2023 - thereafter', '771'], ['total', '$ 1964']]\n\nFollowing Text:\nrent charged to operating expenses was $ 273 million for 2017 , $ 244 million for 2016 and $ 249 million for 2015 .\ngoldman sachs 2017 form 10-k 163 .\n\nQuestion: minimum rents due in 2023 - thereafter are what percent of total future minimum rental payments?\\\\n",
        "solution": "39.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UAA/2017/page_52.pdf\n\nID: UAA/2017/page_52.pdf-3\n\nPrevious Text:\noperating income ( loss ) by segment is summarized below: .\n\nTable Data:\n[['( in thousands )', 'year ended december 31 , 2016', 'year ended december 31 , 2015', 'year ended december 31 , $ change', 'year ended december 31 , % (  % ) change'], ['north america', '$ 408424', '$ 460961', '$ -52537 ( 52537 )', '( 11.4 ) % (  % )'], ['emea', '11420', '3122', '8298', '265.8'], ['asia-pacific', '68338', '36358', '31980', '88.0'], ['latin america', '-33891 ( 33891 )', '-30593 ( 30593 )', '-3298 ( 3298 )', '10.8'], ['connected fitness', '-36820 ( 36820 )', '-61301 ( 61301 )', '24481', '39.9'], ['total operating income', '$ 417471', '$ 408547', '$ 8924', '2.2% ( 2.2 % )']]\n\nFollowing Text:\nthe increase in total operating income was driven by the following : 2022 operating income in our north america operating segment decreased $ 52.5 million to $ 408.4 million in 2016 from $ 461.0 million in 2015 primarily due to decreases in gross margin discussed above in the consolidated results of operations and $ 17.0 million in expenses related to the liquidation of the sports authority , comprised of $ 15.2 million in bad debt expense and $ 1.8 million of in-store fixture impairment .\nin addition , this decrease reflects the movement of $ 11.1 million in expenses resulting from a strategic shift in headcount supporting our global business from our connected fitness operating segment to north america .\nthis decrease is partially offset by the increases in revenue discussed above in the consolidated results of operations .\n2022 operating income in our emea operating segment increased $ 8.3 million to $ 11.4 million in 2016 from $ 3.1 million in 2015 primarily due to sales growth discussed above and reductions in incentive compensation .\nthis increase was offset by investments in sports marketing and infrastructure for future growth .\n2022 operating income in our asia-pacific operating segment increased $ 31.9 million to $ 68.3 million in 2016 from $ 36.4 million in 2015 primarily due to sales growth discussed above and reductions in incentive compensation .\nthis increase was offset by investments in our direct-to-consumer business and entry into new territories .\n2022 operating loss in our latin america operating segment increased $ 3.3 million to $ 33.9 million in 2016 from $ 30.6 million in 2015 primarily due to increased investments to support growth in the region and the economic challenges in brazil during the period .\nthis increase in operating loss was offset by sales growth discussed above and reductions in incentive compensation .\n2022 operating loss in our connected fitness segment decreased $ 24.5 million to $ 36.8 million in 2016 from $ 61.3 million in 2015 primarily driven by sales growth discussed above .\nseasonality historically , we have recognized a majority of our net revenues and a significant portion of our income from operations in the last two quarters of the year , driven primarily by increased sales volume of our products during the fall selling season , including our higher priced cold weather products , along with a larger proportion of higher margin direct to consumer sales .\nthe level of our working capital generally reflects the seasonality and growth in our business .\nwe generally expect inventory , accounts payable and certain accrued expenses to be higher in the second and third quarters in preparation for the fall selling season. .\n\nQuestion: what percentage of operating income was the asia-pacific segment in 2016?",
        "solution": "16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2014/page_14.pdf\n\nID: UNP/2014/page_14.pdf-4\n\nPrevious Text:\nitem 1b .\nunresolved staff comments item 2 .\nproperties we employ a variety of assets in the management and operation of our rail business .\nour rail network covers 23 states in the western two-thirds of the u.s .\nour rail network includes 31974 route miles .\nwe own 26012 miles and operate on the remainder pursuant to trackage rights or leases .\nthe following table describes track miles at december 31 , 2014 and 2013 .\n2014 2013 .\n\nTable Data:\n[['', '2014', '2013'], ['route', '31974', '31838'], ['other main line', '6943', '6766'], ['passing lines and turnouts', '3197', '3167'], ['switching and classification yard lines', '9058', '9090'], ['total miles', '51172', '50861']]\n\nFollowing Text:\nheadquarters building we own our headquarters building in omaha , nebraska .\nthe facility has 1.2 million square feet of space for approximately 4000 employees. .\n\nQuestion: what percentage of total miles were other main line in 2014?",
        "solution": "14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_93.pdf\n\nID: SNA/2013/page_93.pdf-2\n\nPrevious Text:\na valuation allowance totaling $ 45.4 million , $ 43.9 million and $ 40.4 million as of 2013 , 2012 and 2011 year end , respectively , has been established for deferred income tax assets primarily related to certain subsidiary loss carryforwards that may not be realized .\nrealization of the net deferred income tax assets is dependent on generating sufficient taxable income prior to their expiration .\nalthough realization is not assured , management believes it is more- likely-than-not that the net deferred income tax assets will be realized .\nthe amount of the net deferred income tax assets considered realizable , however , could change in the near term if estimates of future taxable income during the carryforward period fluctuate .\nthe following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for 2013 , 2012 and ( amounts in millions ) 2013 2012 2011 .\n\nTable Data:\n[['( amounts in millions )', '2013', '2012', '2011'], ['unrecognized tax benefits at beginning of year', '$ 6.8', '$ 11.0', '$ 11.1'], ['gross increases 2013 tax positions in prior periods', '1.5', '0.7', '0.5'], ['gross decreases 2013 tax positions in prior periods', '-1.6 ( 1.6 )', '-4.9 ( 4.9 )', '-0.4 ( 0.4 )'], ['gross increases 2013 tax positions in the current period', '0.5', '1.2', '2.8'], ['settlements with taxing authorities', '-2.1 ( 2.1 )', '2013', '-1.2 ( 1.2 )'], ['lapsing of statutes of limitations', '-0.5 ( 0.5 )', '-1.2 ( 1.2 )', '-1.8 ( 1.8 )'], ['unrecognized tax benefits at end of year', '$ 4.6', '$ 6.8', '$ 11.0']]\n\nFollowing Text:\nof the $ 4.6 million , $ 6.8 million and $ 11.0 million of unrecognized tax benefits as of 2013 , 2012 and 2011 year end , respectively , approximately $ 4.6 million , $ 4.1 million and $ 9.1 million , respectively , would impact the effective income tax rate if recognized .\ninterest and penalties related to unrecognized tax benefits are recorded in income tax expense .\nduring 2013 and 2012 , the company reversed a net $ 0.6 million and $ 0.5 million , respectively , of interest and penalties to income associated with unrecognized tax benefits .\nas of 2013 , 2012 and 2011 year end , the company has provided for $ 0.9 million , $ 1.6 million and $ 1.6 million , respectively , of accrued interest and penalties related to unrecognized tax benefits .\nthe unrecognized tax benefits and related accrued interest and penalties are included in 201cother long-term liabilities 201d on the accompanying consolidated balance sheets .\nsnap-on and its subsidiaries file income tax returns in the united states and in various state , local and foreign jurisdictions .\nit is reasonably possible that certain unrecognized tax benefits may either be settled with taxing authorities or the statutes of limitations for such items may lapse within the next 12 months , causing snap-on 2019s gross unrecognized tax benefits to decrease by a range of zero to $ 1.1 million .\nover the next 12 months , snap-on anticipates taking certain tax positions on various tax returns for which the related tax benefit does not meet the recognition threshold .\naccordingly , snap-on 2019s gross unrecognized tax benefits may increase by a range of zero to $ 0.8 million over the next 12 months for uncertain tax positions expected to be taken in future tax filings .\nwith few exceptions , snap-on is no longer subject to u.s .\nfederal and state/local income tax examinations by tax authorities for years prior to 2008 , and snap-on is no longer subject to non-u.s .\nincome tax examinations by tax authorities for years prior to 2006 .\nthe undistributed earnings of all non-u.s .\nsubsidiaries totaled $ 556.0 million , $ 492.2 million and $ 416.4 million as of 2013 , 2012 and 2011 year end , respectively .\nsnap-on has not provided any deferred taxes on these undistributed earnings as it considers the undistributed earnings to be permanently invested .\ndetermination of the amount of unrecognized deferred income tax liability related to these earnings is not practicable .\n2013 annual report 83 .\n\nQuestion: what is the net change amount in the unrecognized tax benefits during 2012?",
        "solution": "-4.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2009/page_71.pdf\n\nID: ZBH/2009/page_71.pdf-2\n\nPrevious Text:\nrealignment and other 201d expenses .\nacquisition , integration , realignment and other expenses for the years ended december 31 , 2009 , 2008 and 2007 , included ( in millions ) : .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['adjustment or impairment of acquired assets and obligations net', '$ -1.5 ( 1.5 )', '$ -10.4 ( 10.4 )', '$ -1.2 ( 1.2 )'], ['consulting and professional fees', '11.7', '13.2', '1.0'], ['employee severance and retention including share-based compensation acceleration', '19.0', '0.2', '1.6'], ['information technology integration', '1.1', '0.7', '2.6'], ['in-process research & development', '2013', '38.5', '6.5'], ['vacated facilities', '1.4', '2013', '2013'], ['facility and employee relocation', '5.4', '7.5', '2013'], ['distributor acquisitions', '1.1', '6.9', '4.1'], ['certain litigation matters', '23.4', '2013', '2013'], ['contract terminations', '9.4', '5.7', '5.4'], ['other', '4.3', '6.2', '5.2'], ['acquisition integration realignment and other', '$ 75.3', '$ 68.5', '$ 25.2']]\n\nFollowing Text:\nadjustment or impairment of acquired assets and obligations relates to impairment on assets that were acquired in business combinations or adjustments to certain liabilities of acquired companies due to changes in circumstances surrounding those liabilities subsequent to the related measurement period .\nconsulting and professional fees relate to third-party integration consulting performed in a variety of areas such as tax , compliance , logistics and human resources and include third-party fees related to severance and termination benefits matters .\nthese fees also include legal fees related to litigation matters involving acquired businesses that existed prior to our acquisition or resulted from our acquisition .\nduring 2009 , we commenced a global realignment initiative to focus on business opportunities that best support our strategic priorities .\nas part of this realignment , we initiated changes in our work force , eliminating positions in some areas and increasing others .\napproximately 300 employees from across the globe were affected by these actions .\nas a result of these changes in our work force and headcount reductions from acquisitions , we recorded expense of $ 19.0 million related to severance and other employee termination-related costs .\nthese termination benefits were provided in accordance with our existing or local government policies and are considered ongoing benefits .\nthese costs were accrued when they became probable and estimable and were recorded as part of other current liabilities .\nthe majority of these costs were paid during 2009 .\ninformation technology integration relates to the non- capitalizable costs associated with integrating the information systems of acquired businesses .\nin-process research and development charges for 2008 relate to the acquisition of abbott spine .\nin-process research and development charges for 2007 relate to the acquisitions of endius and orthosoft .\nin 2009 , we ceased using certain leased facilities and , accordingly , recorded expense for the remaining lease payments , less estimated sublease recoveries , and wrote-off any assets being used in those facilities .\nfacility and employee relocation relates to costs associated with relocating certain facilities .\nmost notably , we consolidated our legacy european distribution centers into a new distribution center in eschbach , germany .\nover the past three years we have acquired a number of u.s .\nand foreign-based distributors .\nwe have incurred various costs related to the acquisition and integration of those businesses .\ncertain litigation matters relate to costs recognized during the year for the estimated or actual settlement of various legal matters , including patent litigation matters , commercial litigation matters and matters arising from our acquisitions of certain competitive distributorships in prior years .\nwe recognize expense for the potential settlement of a legal matter when we believe it is probable that a loss has been incurred and we can reasonably estimate the loss .\nin 2009 , we made a concerted effort to settle many of these matters to avoid further litigation costs .\ncontract termination costs relate to terminated agreements in connection with the integration of acquired companies .\nthe terminated contracts primarily relate to sales agents and distribution agreements .\ncash and cash equivalents 2013 we consider all highly liquid investments with an original maturity of three months or less to be cash equivalents .\nthe carrying amounts reported in the balance sheet for cash and cash equivalents are valued at cost , which approximates their fair value .\ncertificates of deposit 2013 we invest in cash deposits with original maturities greater than three months and classify these investments as certificates of deposit on our consolidated balance sheet .\nthe carrying amounts reported in the balance sheet for certificates of deposit are valued at cost , which approximates their fair value .\ninventories 2013 inventories , net of allowances for obsolete and slow-moving goods , are stated at the lower of cost or market , with cost determined on a first-in first-out basis .\nproperty , plant and equipment 2013 property , plant and equipment is carried at cost less accumulated depreciation .\ndepreciation is computed using the straight-line method based on estimated useful lives of ten to forty years for buildings and improvements and three to eight years for machinery and equipment .\nmaintenance and repairs are expensed as incurred .\nwe review property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable .\nan impairment loss would be recognized when estimated future undiscounted cash flows relating to the asset are less than its carrying amount .\nan impairment loss is measured as the amount by which the carrying amount of an asset exceeds its fair value .\nz i m m e r h o l d i n g s , i n c .\n2 0 0 9 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) %%transmsg*** transmitting job : c55340 pcn : 043000000 ***%%pcmsg|43 |00008|yes|no|02/24/2010 01:32|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: what is the expense related to severance and other employee termination-related costs as a percentage of the acquisition integration realignment and other expenses in 2009?",
        "solution": "25.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EL/2009/page_112.pdf\n\nID: EL/2009/page_112.pdf-1\n\nPrevious Text:\nin asset positions , which totaled $ 41.2 million at june 30 , 2009 .\nto manage this risk , we have established strict counterparty credit guidelines that are continually monitored and reported to management .\naccordingly , management believes risk of loss under these hedging contracts is remote .\ncertain of our derivative fi nancial instruments contain credit-risk-related contingent features .\nas of june 30 , 2009 , we were in compliance with such features and there were no derivative financial instruments with credit-risk-related contingent features that were in a net liability position .\nthe est{e lauder companies inc .\n111 market risk we use a value-at-risk model to assess the market risk of our derivative fi nancial instruments .\nvalue-at-risk rep resents the potential losses for an instrument or portfolio from adverse changes in market factors for a specifi ed time period and confi dence level .\nwe estimate value- at-risk across all of our derivative fi nancial instruments using a model with historical volatilities and correlations calculated over the past 250-day period .\nthe high , low and average measured value-at-risk for the twelve months ended june 30 , 2009 and 2008 related to our foreign exchange and interest rate contracts are as follows: .\n\nTable Data:\n[['( in millions )', 'june 30 2009 high', 'june 30 2009 low', 'june 30 2009 average', 'june 30 2009 high', 'june 30 2009 low', 'average'], ['foreign exchange contracts', '$ 28.4', '$ 14.2', '$ 21.6', '$ 18.8', '$ 5.3', '$ 11.3'], ['interest rate contracts', '34.3', '23.0', '29.5', '28.8', '12.6', '20.0']]\n\nFollowing Text:\nthe change in the value-at-risk measures from the prior year related to our foreign exchange contracts refl ected an increase in foreign exchange volatilities and a different portfolio mix .\nthe change in the value-at-risk measures from the prior year related to our interest rate contracts refl ected higher interest rate volatilities .\nthe model esti- mates were made assuming normal market conditions and a 95 percent confi dence level .\nwe used a statistical simulation model that valued our derivative fi nancial instruments against one thousand randomly generated market price paths .\nour calculated value-at-risk exposure represents an esti mate of reasonably possible net losses that would be recognized on our portfolio of derivative fi nancial instru- ments assuming hypothetical movements in future market rates and is not necessarily indicative of actual results , which may or may not occur .\nit does not represent the maximum possible loss or any expected loss that may occur , since actual future gains and losses will differ from those estimated , based upon actual fl uctuations in market rates , operating exposures , and the timing thereof , and changes in our portfolio of derivative fi nancial instruments during the year .\nwe believe , however , that any such loss incurred would be offset by the effects of market rate movements on the respective underlying transactions for which the deriva- tive fi nancial instrument was intended .\noff-balance sheet arrangements we do not maintain any off-balance sheet arrangements , transactions , obligations or other relationships with unconsolidated entities that would be expected to have a material current or future effect upon our fi nancial condi- tion or results of operations .\nrecently adopted accounting standards in may 2009 , the financial accounting standards board ( 201cfasb 201d ) issued statement of financial accounting standards ( 201csfas 201d ) no .\n165 , 201csubsequent events 201d ( 201csfas no .\n165 201d ) .\nsfas no .\n165 requires the disclosure of the date through which an entity has evaluated subsequent events for potential recognition or disclosure in the fi nan- cial statements and whether that date represents the date the fi nancial statements were issued or were available to be issued .\nthis standard also provides clarifi cation about circumstances under which an entity should recognize events or transactions occurring after the balance sheet date in its fi nancial statements and the disclosures that an entity should make about events or transactions that occurred after the balance sheet date .\nthis standard is effective for interim and annual periods beginning with our fi scal year ended june 30 , 2009 .\nthe adoption of this standard did not have a material impact on our consoli- dated fi nancial statements .\nin march 2008 , the fasb issued sfas no .\n161 , 201cdisclosures about derivative instruments and hedging activities 2014 an amendment of fasb statement no .\n133 201d ( 201csfas no .\n161 201d ) .\nsfas no .\n161 requires companies to provide qualitative disclosures about their objectives and strategies for using derivative instruments , quantitative disclosures of the fair values of , and gains and losses on , these derivative instruments in a tabular format , as well as more information about liquidity by requiring disclosure of a derivative contract 2019s credit-risk-related contingent .\n\nQuestion: considering the foreign exchange contracts , what is the difference between its average during 2008 and 2009?",
        "solution": "10.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2018/page_165.pdf\n\nID: GS/2018/page_165.pdf-3\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries notes to consolidated financial statements 2030 purchased interests represent senior and subordinated interests , purchased in connection with secondary market-making activities , in securitization entities in which the firm also holds retained interests .\n2030 substantially all of the total outstanding principal amount and total retained interests relate to securitizations during 2014 and thereafter as of december 2018 , and relate to securitizations during 2012 and thereafter as of december 2017 .\n2030 the fair value of retained interests was $ 3.28 billion as of december 2018 and $ 2.13 billion as of december 2017 .\nin addition to the interests in the table above , the firm had other continuing involvement in the form of derivative transactions and commitments with certain nonconsolidated vies .\nthe carrying value of these derivatives and commitments was a net asset of $ 75 million as of december 2018 and $ 86 million as of december 2017 , and the notional amount of these derivatives and commitments was $ 1.09 billion as of december 2018 and $ 1.26 billion as of december 2017 .\nthe notional amounts of these derivatives and commitments are included in maximum exposure to loss in the nonconsolidated vie table in note 12 .\nthe table below presents information about the weighted average key economic assumptions used in measuring the fair value of mortgage-backed retained interests. .\n\nTable Data:\n[['$ in millions', 'as of december 2018', 'as of december 2017'], ['fair value of retained interests', '$ 3151', '$ 2071'], ['weighted average life ( years )', '7.2', '6.0'], ['constant prepayment rate', '11.9% ( 11.9 % )', '9.4% ( 9.4 % )'], ['impact of 10% ( 10 % ) adverse change', '$ -27 ( 27 )', '$ -19 ( 19 )'], ['impact of 20% ( 20 % ) adverse change', '$ -53 ( 53 )', '$ -35 ( 35 )'], ['discount rate', '4.7% ( 4.7 % )', '4.2% ( 4.2 % )'], ['impact of 10% ( 10 % ) adverse change', '$ -75 ( 75 )', '$ -35 ( 35 )'], ['impact of 20% ( 20 % ) adverse change', '$ -147 ( 147 )', '$ -70 ( 70 )']]\n\nFollowing Text:\nin the table above : 2030 amounts do not reflect the benefit of other financial instruments that are held to mitigate risks inherent in these retained interests .\n2030 changes in fair value based on an adverse variation in assumptions generally cannot be extrapolated because the relationship of the change in assumptions to the change in fair value is not usually linear .\n2030 the impact of a change in a particular assumption is calculated independently of changes in any other assumption .\nin practice , simultaneous changes in assumptions might magnify or counteract the sensitivities disclosed above .\n2030 the constant prepayment rate is included only for positions for which it is a key assumption in the determination of fair value .\n2030 the discount rate for retained interests that relate to u.s .\ngovernment agency-issued collateralized mortgage obligations does not include any credit loss .\nexpected credit loss assumptions are reflected in the discount rate for the remainder of retained interests .\nthe firm has other retained interests not reflected in the table above with a fair value of $ 133 million and a weighted average life of 4.2 years as of december 2018 , and a fair value of $ 56 million and a weighted average life of 4.5 years as of december 2017 .\ndue to the nature and fair value of certain of these retained interests , the weighted average assumptions for constant prepayment and discount rates and the related sensitivity to adverse changes are not meaningful as of both december 2018 and december 2017 .\nthe firm 2019s maximum exposure to adverse changes in the value of these interests is the carrying value of $ 133 million as of december 2018 and $ 56 million as of december 2017 .\nnote 12 .\nvariable interest entities a variable interest in a vie is an investment ( e.g. , debt or equity ) or other interest ( e.g. , derivatives or loans and lending commitments ) that will absorb portions of the vie 2019s expected losses and/or receive portions of the vie 2019s expected residual returns .\nthe firm 2019s variable interests in vies include senior and subordinated debt ; loans and lending commitments ; limited and general partnership interests ; preferred and common equity ; derivatives that may include foreign currency , equity and/or credit risk ; guarantees ; and certain of the fees the firm receives from investment funds .\ncertain interest rate , foreign currency and credit derivatives the firm enters into with vies are not variable interests because they create , rather than absorb , risk .\nvies generally finance the purchase of assets by issuing debt and equity securities that are either collateralized by or indexed to the assets held by the vie .\nthe debt and equity securities issued by a vie may include tranches of varying levels of subordination .\nthe firm 2019s involvement with vies includes securitization of financial assets , as described in note 11 , and investments in and loans to other types of vies , as described below .\nsee note 11 for further information about securitization activities , including the definition of beneficial interests .\nsee note 3 for the firm 2019s consolidation policies , including the definition of a vie .\ngoldman sachs 2018 form 10-k 149 .\n\nQuestion: what is the net change in the other retained interests not reflected in the table during 2018 , in millions?",
        "solution": "77"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2015/page_56.pdf\n\nID: AAPL/2015/page_56.pdf-4\n\nPrevious Text:\ntable of contents the notional amounts for outstanding derivative instruments provide one measure of the transaction volume outstanding and do not represent the amount of the company 2019s exposure to credit or market loss .\nthe credit risk amounts represent the company 2019s gross exposure to potential accounting loss on derivative instruments that are outstanding or unsettled if all counterparties failed to perform according to the terms of the contract , based on then-current currency or interest rates at each respective date .\nthe company 2019s exposure to credit loss and market risk will vary over time as currency and interest rates change .\nalthough the table above reflects the notional and credit risk amounts of the company 2019s derivative instruments , it does not reflect the gains or losses associated with the exposures and transactions that the instruments are intended to hedge .\nthe amounts ultimately realized upon settlement of these financial instruments , together with the gains and losses on the underlying exposures , will depend on actual market conditions during the remaining life of the instruments .\nthe company generally enters into master netting arrangements , which are designed to reduce credit risk by permitting net settlement of transactions with the same counterparty .\nto further limit credit risk , the company generally enters into collateral security arrangements that provide for collateral to be received or posted when the net fair value of certain financial instruments fluctuates from contractually established thresholds .\nthe company presents its derivative assets and derivative liabilities at their gross fair values in its consolidated balance sheets .\nthe net cash collateral received by the company related to derivative instruments under its collateral security arrangements was $ 1.0 billion as of september 26 , 2015 and $ 2.1 billion as of september 27 , 2014 .\nunder master netting arrangements with the respective counterparties to the company 2019s derivative contracts , the company is allowed to net settle transactions with a single net amount payable by one party to the other .\nas of september 26 , 2015 and september 27 , 2014 , the potential effects of these rights of set-off associated with the company 2019s derivative contracts , including the effects of collateral , would be a reduction to both derivative assets and derivative liabilities of $ 2.2 billion and $ 1.6 billion , respectively , resulting in net derivative liabilities of $ 78 million and $ 549 million , respectively .\naccounts receivable receivables the company has considerable trade receivables outstanding with its third-party cellular network carriers , wholesalers , retailers , value-added resellers , small and mid-sized businesses and education , enterprise and government customers .\nthe company generally does not require collateral from its customers ; however , the company will require collateral in certain instances to limit credit risk .\nin addition , when possible , the company attempts to limit credit risk on trade receivables with credit insurance for certain customers or by requiring third-party financing , loans or leases to support credit exposure .\nthese credit-financing arrangements are directly between the third-party financing company and the end customer .\nas such , the company generally does not assume any recourse or credit risk sharing related to any of these arrangements .\nas of september 26 , 2015 , the company had one customer that represented 10% ( 10 % ) or more of total trade receivables , which accounted for 12% ( 12 % ) .\nas of september 27 , 2014 , the company had two customers that represented 10% ( 10 % ) or more of total trade receivables , one of which accounted for 16% ( 16 % ) and the other 13% ( 13 % ) .\nthe company 2019s cellular network carriers accounted for 71% ( 71 % ) and 72% ( 72 % ) of trade receivables as of september 26 , 2015 and september 27 , 2014 , respectively .\nvendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of components to these vendors who manufacture sub-assemblies or assemble final products for the company .\nthe company purchases these components directly from suppliers .\nvendor non-trade receivables from three of the company 2019s vendors accounted for 38% ( 38 % ) , 18% ( 18 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 26 , 2015 and three of the company 2019s vendors accounted for 51% ( 51 % ) , 16% ( 16 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 27 , 2014 .\nnote 3 2013 consolidated financial statement details the following tables show the company 2019s consolidated financial statement details as of september 26 , 2015 and september 27 , 2014 ( in millions ) : property , plant and equipment , net .\n\nTable Data:\n[['', '2015', '2014'], ['land and buildings', '$ 6956', '$ 4863'], ['machinery equipment and internal-use software', '37038', '29639'], ['leasehold improvements', '5263', '4513'], ['gross property plant and equipment', '49257', '39015'], ['accumulated depreciation and amortization', '-26786 ( 26786 )', '-18391 ( 18391 )'], ['total property plant and equipment net', '$ 22471', '$ 20624']]\n\nFollowing Text:\napple inc .\n| 2015 form 10-k | 53 .\n\nQuestion: as of september 27 , 2014 , what percentage of total trade receivables did the company's two largest customers account for ?",
        "solution": "29"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: NTAP/2014/page_33.pdf\n\nID: NTAP/2014/page_33.pdf-2\n\nPrevious Text:\nperformance graph the following graph shows a five-year comparison of the cumulative total return on our common stock , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index from april 24 , 2009 through april 25 , 2014 .\nthe past performance of our common stock is not indicative of the future performance of our common stock .\ncomparison of 5 year cumulative total return* among netapp , inc. , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index .\n\nTable Data:\n[['', '4/09', '4/10', '4/11', '4/12', '4/13', '4/14'], ['netapp inc .', '$ 100.00', '$ 189.45', '$ 284.75', '$ 212.19', '$ 190.66', '$ 197.58'], ['nasdaq composite', '100.00', '144.63', '170.44', '182.57', '202.25', '253.22'], ['s&p 500', '100.00', '138.84', '162.75', '170.49', '199.29', '240.02'], ['s&p 500 information technology', '100.00', '143.49', '162.37', '186.06', '189.18', '236.12']]\n\nFollowing Text:\nwe believe that a number of factors may cause the market price of our common stock to fluctuate significantly .\nsee 201citem 1a .\nrisk factors . 201d sale of unregistered securities .\n\nQuestion: what was the difference in percentage cumulative total return for the five year period ending 4/14 between netapp inc . and the s&p 500 information technology index?",
        "solution": "-38.54%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2019/page_103.pdf\n\nID: WRK/2019/page_103.pdf-3\n\nPrevious Text:\nwestrock company notes to consolidated financial statements 2014 ( continued ) consistent with prior years , we consider a portion of our earnings from certain foreign subsidiaries as subject to repatriation and we provide for taxes accordingly .\nhowever , we consider the unremitted earnings and all other outside basis differences from all other foreign subsidiaries to be indefinitely reinvested .\naccordingly , we have not provided for any taxes that would be due .\nas of september 30 , 2019 , we estimate our outside basis difference in foreign subsidiaries that are considered indefinitely reinvested to be approximately $ 1.6 billion .\nthe components of the outside basis difference are comprised of purchase accounting adjustments , undistributed earnings , and equity components .\nexcept for the portion of our earnings from certain foreign subsidiaries where we provided for taxes , we have not provided for any taxes that would be due upon the reversal of the outside basis differences .\nhowever , in the event of a distribution in the form of dividends or dispositions of the subsidiaries , we may be subject to incremental u.s .\nincome taxes , subject to an adjustment for foreign tax credits , and withholding taxes or income taxes payable to the foreign jurisdictions .\nas of september 30 , 2019 , the determination of the amount of unrecognized deferred tax liability related to any remaining undistributed foreign earnings not subject to the transition tax and additional outside basis differences is not practicable .\na reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in millions ) : .\n\nTable Data:\n[['', '2019', '2018', '2017'], ['balance at beginning of fiscal year', '$ 127.1', '$ 148.9', '$ 166.8'], ['additions related to purchase accounting ( 1 )', '1.0', '3.4', '7.7'], ['additions for tax positions taken in current year ( 2 )', '103.8', '3.1', '5.0'], ['additions for tax positions taken in prior fiscal years', '1.8', '18.0', '15.2'], ['reductions for tax positions taken in prior fiscal years', '( 0.5 )', '( 5.3 )', '( 25.6 )'], ['reductions due to settlement ( 3 )', '( 4.0 )', '( 29.4 )', '( 14.1 )'], ['( reductions ) additions for currency translation adjustments', '-1.7 ( 1.7 )', '-9.6 ( 9.6 )', '2.0'], ['reductions as a result of a lapse of the applicable statute oflimitations', '( 3.2 )', '( 2.0 )', '( 8.1 )'], ['balance at end of fiscal year', '$ 224.3', '$ 127.1', '$ 148.9']]\n\nFollowing Text:\n( 1 ) amounts in fiscal 2019 relate to the kapstone acquisition .\namounts in fiscal 2018 and 2017 relate to the mps acquisition .\n( 2 ) additions for tax positions taken in current fiscal year includes primarily positions taken related to foreign subsidiaries .\n( 3 ) amounts in fiscal 2019 relate to the settlements of state and foreign audit examinations .\namounts in fiscal 2018 relate to the settlement of state audit examinations and federal and state amended returns filed related to affirmative adjustments for which there was a reserve .\namounts in fiscal 2017 relate to the settlement of federal and state audit examinations with taxing authorities .\nas of september 30 , 2019 and 2018 , the total amount of unrecognized tax benefits was approximately $ 224.3 million and $ 127.1 million , respectively , exclusive of interest and penalties .\nof these balances , as of september 30 , 2019 and 2018 , if we were to prevail on all unrecognized tax benefits recorded , approximately $ 207.5 million and $ 108.7 million , respectively , would benefit the effective tax rate .\nwe regularly evaluate , assess and adjust the related liabilities in light of changing facts and circumstances , which could cause the effective tax rate to fluctuate from period to period .\nresolution of the uncertain tax positions could have a material adverse effect on our cash flows or materially benefit our results of operations in future periods depending upon their ultimate resolution .\nsee 201cnote 18 .\ncommitments and contingencies 2014 brazil tax liability 201d we recognize estimated interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of income .\nas of september 30 , 2019 , we had liabilities of $ 80.0 million related to estimated interest and penalties for unrecognized tax benefits .\nas of september 30 , 2018 , we had liabilities of $ 70.4 million , related to estimated interest and penalties for unrecognized tax benefits .\nour results of operations for the fiscal year ended september 30 , 2019 , 2018 and 2017 include expense of $ 9.7 million , $ 5.8 million and $ 7.4 million , respectively , net of indirect benefits , related to estimated interest and penalties with respect to the liability for unrecognized tax benefits .\nas of september 30 , 2019 , it is reasonably possible that our unrecognized tax benefits will decrease by up to $ 8.7 million in the next twelve months due to expiration of various statues of limitations and settlement of issues. .\n\nQuestion: what was the percentage change in the gross unrecognized tax benefits from 2017 to 2018 $ 127.1",
        "solution": "-14.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2014/page_203.pdf\n\nID: PNC/2014/page_203.pdf-2\n\nPrevious Text:\nto determine stock-based compensation expense , the grant date fair value is applied to the options granted with a reduction for estimated forfeitures .\nwe recognize compensation expense for stock options on a straight-line basis over the specified vesting period .\nat december 31 , 2013 and 2012 , options for 10204000 and 12759000 shares of common stock were exercisable at a weighted-average price of $ 89.46 and $ 90.86 , respectively .\nthe total intrinsic value of options exercised during 2014 , 2013 and 2012 was $ 90 million , $ 86 million and $ 37 million , respectively .\ncash received from option exercises under all incentive plans for 2014 , 2013 and 2012 was approximately $ 215 million , $ 208 million and $ 118 million , respectively .\nthe tax benefit realized from option exercises under all incentive plans for 2014 , 2013 and 2012 was approximately $ 33 million , $ 31 million and $ 14 million , respectively .\nshares of common stock available during the next year for the granting of options and other awards under the incentive plans were 17997353 at december 31 , 2014 .\ntotal shares of pnc common stock authorized for future issuance under equity compensation plans totaled 19017057 shares at december 31 , 2014 , which includes shares available for issuance under the incentive plans and the employee stock purchase plan ( espp ) as described below .\nduring 2014 , we issued approximately 2.4 million shares from treasury stock in connection with stock option exercise activity .\nas with past exercise activity , we currently intend to utilize primarily treasury stock for any future stock option exercises .\nawards granted to non-employee directors in 2014 , 2013 and 2012 include 21490 , 27076 and 25620 deferred stock units , respectively , awarded under the outside directors deferred stock unit plan .\na deferred stock unit is a phantom share of our common stock , which is accounted for as a liability until such awards are paid to the participants in cash .\nas there are no vesting or service requirements on these awards , total compensation expense is recognized in full for these awards on the date of grant .\nincentive/performance unit share awards and restricted stock/share unit awards the fair value of nonvested incentive/performance unit share awards and restricted stock/share unit awards is initially determined based on prices not less than the market value of our common stock on the date of grant .\nthe value of certain incentive/performance unit share awards is subsequently remeasured based on the achievement of one or more financial and other performance goals .\nthe personnel and compensation committee ( 201cp&cc 201d ) of the board of directors approves the final award payout with respect to certain incentive/performance unit share awards .\nthese awards have either a three-year or a four-year performance period and are payable in either stock or a combination of stock and cash .\nrestricted stock/share unit awards have various vesting periods generally ranging from 3 years to 5 years .\nbeginning in 2013 , we incorporated several enhanced risk- related performance changes to certain long-term incentive compensation programs .\nin addition to achieving certain financial performance metrics on both an absolute basis and relative to our peers , final payout amounts will be subject to reduction if pnc fails to meet certain risk-related performance metrics as specified in the award agreements .\nhowever , the p&cc has the discretion to waive any or all of this reduction under certain circumstances .\nthe weighted-average grant date fair value of incentive/ performance unit share awards and restricted stock/unit awards granted in 2014 , 2013 and 2012 was $ 80.79 , $ 64.77 and $ 60.68 per share , respectively .\nthe total fair value of incentive/performance unit share and restricted stock/unit awards vested during 2014 , 2013 and 2012 was approximately $ 119 million , $ 63 million and $ 55 million , respectively .\nwe recognize compensation expense for such awards ratably over the corresponding vesting and/or performance periods for each type of program .\ntable 121 : nonvested incentive/performance unit share awards and restricted stock/share unit awards 2013 rollforward shares in thousands nonvested incentive/ performance unit shares weighted- average grant date fair value nonvested restricted stock/ weighted- average grant date fair value .\n\nTable Data:\n[['shares in thousands december 31 2013', 'nonvested incentive/ performance unit shares 1647', 'weighted-averagegrant datefair value $ 63.49', 'nonvested restricted stock/ share units 3483', 'weighted-averagegrant datefair value $ 62.70'], ['granted', '723', '79.90', '1276', '81.29'], ['vested/released', '-513 ( 513 )', '63.64', '-962 ( 962 )', '62.32'], ['forfeited', '-20 ( 20 )', '69.18', '-145 ( 145 )', '69.44'], ['december 31 2014', '1837', '$ 69.84', '3652', '$ 69.03']]\n\nFollowing Text:\nthe pnc financial services group , inc .\n2013 form 10-k 185 .\n\nQuestion: in shares in thousands , for the non-vested incentive/ performance unit shares , what was the change in balance between december 31 2013 and december 31 2014?",
        "solution": "190"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_68.pdf\n\nID: UNP/2009/page_68.pdf-1\n\nPrevious Text:\nchanges in our performance retention awards during 2009 were as follows : shares ( thous. ) weighted-average grant-date fair value .\n\nTable Data:\n[['', 'shares ( thous. )', 'weighted-averagegrant-date fair value'], ['nonvested at january 1 2009', '873', '$ 50.70'], ['granted', '449', '47.28'], ['vested', '-240 ( 240 )', '43.23'], ['forfeited', '-22 ( 22 )', '53.86'], ['nonvested at december 31 2009', '1060', '$ 50.88']]\n\nFollowing Text:\nat december 31 , 2009 , there was $ 22 million of total unrecognized compensation expense related to nonvested performance retention awards , which is expected to be recognized over a weighted-average period of 1.3 years .\na portion of this expense is subject to achievement of the roic levels established for the performance stock unit grants .\n5 .\nretirement plans pension and other postretirement benefits pension plans 2013 we provide defined benefit retirement income to eligible non-union employees through qualified and non-qualified ( supplemental ) pension plans .\nqualified and non-qualified pension benefits are based on years of service and the highest compensation during the latest years of employment , with specific reductions made for early retirements .\nother postretirement benefits ( opeb ) 2013 we provide defined contribution medical and life insurance benefits for eligible retirees .\nthese benefits are funded as medical claims and life insurance premiums are plan amendment effective january 1 , 2010 , medicare-eligible retirees who are enrolled in the union pacific retiree medical program will receive a contribution to a health reimbursement account , which can be used to pay eligible out-of-pocket medical expenses .\nthe impact of the plan amendment is reflected in the projected benefit obligation ( pbo ) at december 31 , 2009 .\nfunded status we are required by gaap to separately recognize the overfunded or underfunded status of our pension and opeb plans as an asset or liability .\nthe funded status represents the difference between the pbo and the fair value of the plan assets .\nthe pbo is the present value of benefits earned to date by plan participants , including the effect of assumed future salary increases .\nthe pbo of the opeb plan is equal to the accumulated benefit obligation , as the present value of the opeb liabilities is not affected by salary increases .\nplan assets are measured at fair value .\nwe use a december 31 measurement date for plan assets and obligations for all our retirement plans. .\n\nQuestion: at december 31 , 2009 , what was the remaining compensation expense per share for the unvested awards?",
        "solution": "20.75"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2013/page_104.pdf\n\nID: JPM/2013/page_104.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis 110 jpmorgan chase & co./2013 annual report 2012 compared with 2011 net loss was $ 2.0 billion , compared with a net income of $ 919 million in the prior year .\nprivate equity reported net income of $ 292 million , compared with net income of $ 391 million in the prior year .\nnet revenue was $ 601 million , compared with $ 836 million in the prior year , due to lower unrealized and realized gains on private investments , partially offset by higher unrealized gains on public securities .\nnoninterest expense was $ 145 million , down from $ 238 million in the prior year .\ntreasury and cio reported a net loss of $ 2.1 billion , compared with net income of $ 1.3 billion in the prior year .\nnet revenue was a loss of $ 3.1 billion , compared with net revenue of $ 3.2 billion in the prior year .\nthe current year loss reflected $ 5.8 billion of losses incurred by cio from the synthetic credit portfolio for the six months ended june 30 , 2012 , and $ 449 million of losses from the retained index credit derivative positions for the three months ended september 30 , 2012 .\nthese losses were partially offset by securities gains of $ 2.0 billion .\nthe current year revenue reflected $ 888 million of extinguishment gains related to the redemption of trust preferred securities , which are included in all other income in the above table .\nthe extinguishment gains were related to adjustments applied to the cost basis of the trust preferred securities during the period they were in a qualified hedge accounting relationship .\nnet interest income was negative $ 683 million , compared with $ 1.4 billion in the prior year , primarily reflecting the impact of lower portfolio yields and higher deposit balances across the firm .\nother corporate reported a net loss of $ 221 million , compared with a net loss of $ 821 million in the prior year .\nnoninterest revenue of $ 1.8 billion was driven by a $ 1.1 billion benefit for the washington mutual bankruptcy settlement , which is included in all other income in the above table , and a $ 665 million gain from the recovery on a bear stearns-related subordinated loan .\nnoninterest expense of $ 3.8 billion was up $ 1.0 billion compared with the prior year .\nthe current year included expense of $ 3.7 billion for additional litigation reserves , largely for mortgage-related matters .\nthe prior year included expense of $ 3.2 billion for additional litigation reserves .\ntreasury and cio overview treasury and cio are predominantly responsible for measuring , monitoring , reporting and managing the firm 2019s liquidity , funding and structural interest rate and foreign exchange risks , as well as executing the firm 2019s capital plan .\nthe risks managed by treasury and cio arise from the activities undertaken by the firm 2019s four major reportable business segments to serve their respective client bases , which generate both on- and off-balance sheet assets and liabilities .\ncio achieves the firm 2019s asset-liability management objectives generally by investing in high-quality securities that are managed for the longer-term as part of the firm 2019s afs and htm investment securities portfolios ( the 201cinvestment securities portfolio 201d ) .\ncio also uses derivatives , as well as securities that are not classified as afs or htm , to meet the firm 2019s asset-liability management objectives .\nfor further information on derivatives , see note 6 on pages 220 2013233 of this annual report .\nfor further information about securities not classified within the afs or htm portfolio , see note 3 on pages 195 2013215 of this annual report .\nthe treasury and cio investment securities portfolio primarily consists of u.s .\nand non-u.s .\ngovernment securities , agency and non-agency mortgage-backed securities , other asset-backed securities , corporate debt securities and obligations of u.s .\nstates and municipalities .\nat december 31 , 2013 , the total treasury and cio investment securities portfolio was $ 347.6 billion ; the average credit rating of the securities comprising the treasury and cio investment securities portfolio was aa+ ( based upon external ratings where available and where not available , based primarily upon internal ratings that correspond to ratings as defined by s&p and moody 2019s ) .\nsee note 12 on pages 249 2013254 of this annual report for further information on the details of the firm 2019s investment securities portfolio .\nfor further information on liquidity and funding risk , see liquidity risk management on pages 168 2013173 of this annual report .\nfor information on interest rate , foreign exchange and other risks , treasury and cio value-at-risk ( 201cvar 201d ) and the firm 2019s structural interest rate-sensitive revenue at risk , see market risk management on pages 142 2013148 of this annual report .\nselected income statement and balance sheet data as of or for the year ended december 31 , ( in millions ) 2013 2012 2011 .\n\nTable Data:\n[['as of or for the year ended december 31 ( in millions )', '2013', '2012', '2011'], ['securities gains', '$ 659', '$ 2028', '$ 1385'], ['investment securities portfolio ( average )', '353712', '358029', '330885'], ['investment securities portfolio ( period 2013end ) ( a )', '347562', '365421', '355605'], ['mortgage loans ( average )', '5145', '10241', '13006'], ['mortgage loans ( period-end )', '3779', '7037', '13375']]\n\nFollowing Text:\n( a ) period-end investment securities included held-to-maturity balance of $ 24.0 billion at december 31 , 2013 .\nheld-to-maturity balances for the other periods were not material. .\n\nQuestion: what was the percentage increase in litigation reserves in 2012?",
        "solution": "15.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EMR/2018/page_55.pdf\n\nID: EMR/2018/page_55.pdf-3\n\nPrevious Text:\n2018 emerson annual report | 51 as of september 30 , 2018 , 1874750 shares awarded primarily in 2016 were outstanding , contingent on the company achieving its performance objectives through 2018 .\nthe objectives for these shares were met at the 97 percent level at the end of 2018 and 1818508 shares will be distributed in early 2019 .\nadditionally , the rights to receive a maximum of 2261700 and 2375313 common shares were awarded in 2018 and 2017 , respectively , under the new performance shares program , and are outstanding and contingent upon the company achieving its performance objectives through 2020 and 2019 , respectively .\nincentive shares plans also include restricted stock awards which involve distribution of common stock to key management employees subject to cliff vesting at the end of service periods ranging from three to ten years .\nthe fair value of restricted stock awards is determined based on the average of the high and low market prices of the company 2019s common stock on the date of grant , with compensation expense recognized ratably over the applicable service period .\nin 2018 , 310000 shares of restricted stock vested as a result of participants fulfilling the applicable service requirements .\nconsequently , 167837 shares were issued while 142163 shares were withheld for income taxes in accordance with minimum withholding requirements .\nas of september 30 , 2018 , there were 1276200 shares of unvested restricted stock outstanding .\nthe total fair value of shares distributed under incentive shares plans was $ 20 , $ 245 and $ 11 , respectively , in 2018 , 2017 and 2016 , of which $ 9 , $ 101 and $ 4 was paid in cash , primarily for tax withholding .\nas of september 30 , 2018 , 10.3 million shares remained available for award under incentive shares plans .\nchanges in shares outstanding but not yet earned under incentive shares plans during the year ended september 30 , 2018 follow ( shares in thousands ; assumes 100 percent payout of unvested awards ) : average grant date shares fair value per share .\n\nTable Data:\n[['', 'shares', 'average grant datefair value per share'], ['beginning of year', '4999', '$ 50.33'], ['granted', '2295', '$ 63.79'], ['earned/vested', '-310 ( 310 )', '$ 51.27'], ['canceled', '-86 ( 86 )', '$ 56.53'], ['end of year', '6898', '$ 54.69']]\n\nFollowing Text:\ntotal compensation expense for stock options and incentive shares was $ 216 , $ 115 and $ 159 for 2018 , 2017 and 2016 , respectively , of which $ 5 and $ 14 was included in discontinued operations for 2017 and 2016 , respectively .\nthe increase in expense for 2018 reflects an increase in the company 2019s stock price and progress toward achieving its performance objectives .\nthe decrease in expense for 2017 reflects the impact of changes in the stock price .\nincome tax benefits recognized in the income statement for these compensation arrangements during 2018 , 2017 and 2016 were $ 42 , $ 33 and $ 45 , respectively .\nas of september 30 , 2018 , total unrecognized compensation expense related to unvested shares awarded under these plans was $ 182 , which is expected to be recognized over a weighted-average period of 1.1 years .\nin addition to the employee stock option and incentive shares plans , in 2018 the company awarded 12228 shares of restricted stock and 2038 restricted stock units under the restricted stock plan for non-management directors .\nas of september 30 , 2018 , 159965 shares were available for issuance under this plan .\n( 16 ) common and preferred stock at september 30 , 2018 , 37.0 million shares of common stock were reserved for issuance under the company 2019s stock-based compensation plans .\nduring 2018 , 15.1 million common shares were purchased and 2.6 million treasury shares were reissued .\nin 2017 , 6.6 million common shares were purchased and 5.5 million treasury shares were reissued .\nat september 30 , 2018 and 2017 , the company had 5.4 million shares of $ 2.50 par value preferred stock authorized , with none issued. .\n\nQuestion: what was the percent change in average grant datefair value per share from the beginning of the year to the end of the year?",
        "solution": "8.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2012/page_93.pdf\n\nID: JPM/2012/page_93.pdf-1\n\nPrevious Text:\njpmorgan chase & co./2012 annual report 103 2011 compared with 2010 net income was $ 822 million , compared with $ 1.3 billion in the prior year .\nprivate equity reported net income of $ 391 million , compared with $ 588 million in the prior year .\nnet revenue was $ 836 million , a decrease of $ 403 million , primarily related to net write-downs on private investments and the absence of prior year gains on sales .\nnoninterest expense was $ 238 million , a decrease of $ 85 million from the prior treasury and cio reported net income of $ 1.3 billion , compared with net income of $ 3.6 billion in the prior year .\nnet revenue was $ 3.2 billion , including $ 1.4 billion of security gains .\nnet interest income in 2011 was lower compared with 2010 , primarily driven by repositioning of the investment securities portfolio and lower funding benefits from financing the portfolio .\nother corporate reported a net loss of $ 918 million , compared with a net loss of $ 2.9 billion in the prior year .\nnet revenue was $ 103 million , compared with a net loss of $ 467 million in the prior year .\nnoninterest expense was $ 2.9 billion which included $ 3.2 billion of additional litigation reserves , predominantly for mortgage-related matters .\nnoninterest expense in the prior year was $ 5.5 billion which included $ 5.7 billion of additional litigation reserves .\ntreasury and cio overview treasury and cio are predominantly responsible for measuring , monitoring , reporting and managing the firm 2019s liquidity , funding , capital and structural interest rate and foreign exchange risks .\nthe risks managed by treasury and cio arise from the activities undertaken by the firm 2019s four major reportable business segments to serve their respective client bases , which generate both on- and off- balance sheet assets and liabilities .\ntreasury is responsible for , among other functions , funds transfer pricing .\nfunds transfer pricing is used to transfer structural interest rate risk and foreign exchange risk of the firm to treasury and cio and allocate interest income and expense to each business based on market rates .\ncio , through its management of the investment portfolio , generates net interest income to pay the lines of business market rates .\nany variance ( whether positive or negative ) between amounts generated by cio through its investment portfolio activities and amounts paid to or received by the lines of business are retained by cio , and are not reflected in line of business segment results .\ntreasury and cio activities operate in support of the overall firm .\ncio achieves the firm 2019s asset-liability management objectives generally by investing in high-quality securities that are managed for the longer-term as part of the firm 2019s afs investment portfolio .\nunrealized gains and losses on securities held in the afs portfolio are recorded in other comprehensive income .\nfor further information about securities in the afs portfolio , see note 3 and note 12 on pages 196 2013214 and 244 2013248 , respectively , of this annual report .\ncio also uses securities that are not classified within the afs portfolio , as well as derivatives , to meet the firm 2019s asset-liability management objectives .\nsecurities not classified within the afs portfolio are recorded in trading assets and liabilities ; realized and unrealized gains and losses on such securities are recorded in the principal transactions revenue line in the consolidated statements of income .\nfor further information about securities included in trading assets and liabilities , see note 3 on pages 196 2013214 of this annual report .\nderivatives used by cio are also classified as trading assets and liabilities .\nfor further information on derivatives , including the classification of realized and unrealized gains and losses , see note 6 on pages 218 2013227 of this annual report .\ncio 2019s afs portfolio consists of u.s .\nand non-u.s .\ngovernment securities , agency and non-agency mortgage-backed securities , other asset-backed securities and corporate and municipal debt securities .\ntreasury 2019s afs portfolio consists of u.s .\nand non-u.s .\ngovernment securities and corporate debt securities .\nat december 31 , 2012 , the total treasury and cio afs portfolios were $ 344.1 billion and $ 21.3 billion , respectively ; the average credit rating of the securities comprising the treasury and cio afs portfolios was aa+ ( based upon external ratings where available and where not available , based primarily upon internal ratings that correspond to ratings as defined by s&p and moody 2019s ) .\nsee note 12 on pages 244 2013248 of this annual report for further information on the details of the firm 2019s afs portfolio .\nfor further information on liquidity and funding risk , see liquidity risk management on pages 127 2013133 of this annual report .\nfor information on interest rate , foreign exchange and other risks , and cio var and the firm 2019s nontrading interest rate-sensitive revenue at risk , see market risk management on pages 163 2013169 of this annual report .\nselected income statement and balance sheet data as of or for the year ended december 31 , ( in millions ) 2012 2011 2010 securities gains ( a ) $ 2028 $ 1385 $ 2897 investment securities portfolio ( average ) 358029 330885 323673 investment securities portfolio ( period 2013end ) 365421 355605 310801 .\n\nTable Data:\n[['as of or for the year ended december 31 ( in millions )', '2012', '2011', '2010'], ['securities gains ( a )', '$ 2028', '$ 1385', '$ 2897'], ['investment securities portfolio ( average )', '358029', '330885', '323673'], ['investment securities portfolio ( period 2013end )', '365421', '355605', '310801'], ['mortgage loans ( average )', '10241', '13006', '9004'], ['mortgage loans ( period-end )', '7037', '13375', '10739']]\n\nFollowing Text:\n( a ) reflects repositioning of the investment securities portfolio. .\n\nQuestion: would would 2011 net income have been without the private equity segment ( in millions ) ?",
        "solution": "431"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_492.pdf\n\nID: ETR/2011/page_492.pdf-3\n\nPrevious Text:\nequity compensation plan information the following table summarizes the equity compensation plan information as of december 31 , 2011 .\ninformation is included for equity compensation plans approved by the stockholders and equity compensation plans not approved by the stockholders .\nnumber of securities to be issued upon exercise of outstanding options weighted average exercise number of securities remaining available for future issuance ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders ( 1 ) 9683058 $ 78.07 7269562 equity compensation plans not approved by security holders ( 2 ) 776360 $ 42.82 .\n\nTable Data:\n[['plan', 'number of securities tobe issued upon exerciseof outstanding options ( a )', 'weightedaverageexerciseprice ( b )', 'number of securitiesremaining available forfuture issuance ( excludingsecurities reflected incolumn ( a ) ) ( c )'], ['equity compensation plansapproved by security holders ( 1 )', '9683058', '$ 78.07', '7269562'], ['equity compensation plans notapproved by security holders ( 2 )', '776360', '$ 42.82', '-'], ['total', '10459418', '$ 75.46', '7269562']]\n\nFollowing Text:\n( 1 ) includes the equity ownership plan , which was approved by the shareholders on may 15 , 1998 , the 2007 equity ownership plan and the 2011 equity ownership plan .\nthe 2007 equity ownership plan was approved by entergy corporation shareholders on may 12 , 2006 , and 7000000 shares of entergy corporation common stock can be issued , with no more than 2000000 shares available for non-option grants .\nthe 2011 equity ownership plan was approved by entergy corporation shareholders on may 6 , 2011 , and 5500000 shares of entergy corporation common stock can be issued from the 2011 equity ownership plan , with no more than 2000000 shares available for incentive stock option grants .\nthe equity ownership plan , the 2007 equity ownership plan and the 2011 equity ownership plan ( the 201cplans 201d ) are administered by the personnel committee of the board of directors ( other than with respect to awards granted to non-employee directors , which awards are administered by the entire board of directors ) .\neligibility under the plans is limited to the non-employee directors and to the officers and employees of an entergy system employer and any corporation 80% ( 80 % ) or more of whose stock ( based on voting power ) or value is owned , directly or indirectly , by entergy corporation .\nthe plans provide for the issuance of stock options , restricted shares , equity awards ( units whose value is related to the value of shares of the common stock but do not represent actual shares of common stock ) , performance awards ( performance shares or units valued by reference to shares of common stock or performance units valued by reference to financial measures or property other than common stock ) and other stock-based awards .\n( 2 ) entergy has a board-approved stock-based compensation plan .\nhowever , effective may 9 , 2003 , the board has directed that no further awards be issued under that plan .\nitem 13 .\ncertain relationships and related transactions and director independence for information regarding certain relationships , related transactions and director independence of entergy corporation , see the proxy statement under the headings 201ccorporate governance - director independence 201d and 201ctransactions with related persons , 201d which information is incorporated herein by reference .\nsince december 31 , 2010 , none of the subsidiaries or any of their affiliates has participated in any transaction involving an amount in excess of $ 120000 in which any director or executive officer of any of the subsidiaries , any nominee for director , or any immediate family member of the foregoing had a material interest as contemplated by item 404 ( a ) of regulation s-k ( 201crelated party transactions 201d ) .\nentergy corporation 2019s board of directors has adopted written policies and procedures for the review , approval or ratification of related party transactions .\nunder these policies and procedures , the corporate governance committee , or a subcommittee of the board of directors of entergy corporation composed of .\n\nQuestion: in 2011 what was the outstanding shares of the equity compensation plans approved by security holders to the shares not approved",
        "solution": "12.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_212.pdf\n\nID: C/2008/page_212.pdf-1\n\nPrevious Text:\nthe company has elected the fair-value option where the interest-rate risk of such liabilities is economically hedged with derivative contracts or the proceeds are used to purchase financial assets that will also be accounted for at fair value through earnings .\nthe election has been made to mitigate accounting mismatches and to achieve operational simplifications .\nthese positions are reported in short-term borrowings and long-term debt on the company 2019s consolidated balance sheet .\nthe majority of these non-structured liabilities are a result of the company 2019s election of the fair-value option for liabilities associated with the citi-advised structured investment vehicles ( sivs ) , which were consolidated during the fourth quarter of 2007 .\nthe change in fair values of the sivs 2019 liabilities reported in earnings was $ 2.6 billion for the year ended december 31 , 2008 .\nfor these non-structured liabilities the aggregate fair value is $ 263 million lower than the aggregate unpaid principal balance as of december 31 , 2008 .\nfor all other non-structured liabilities classified as long-term debt for which the fair-value option has been elected , the aggregate unpaid principal balance exceeds the aggregate fair value of such instruments by $ 97 million as of december 31 , 2008 while the aggregate fair value exceeded the aggregate unpaid principal by $ 112 million as of december 31 , 2007 .\nthe change in fair value of these non-structured liabilities reported a gain of $ 1.2 billion for the year ended december 31 , 2008 .\nthe change in fair value for these non-structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income .\nrelated interest expense continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement .\ncertain mortgage loans citigroup has elected the fair-value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans held-for- sale .\nthese loans are intended for sale or securitization and are hedged with derivative instruments .\nthe company has elected the fair-value option to mitigate accounting mismatches in cases where hedge accounting is complex and to achieve operational simplifications .\nthe fair-value option was not elected for loans held-for-investment , as those loans are not hedged with derivative instruments .\nthis election was effective for applicable instruments originated or purchased on or after september 1 , 2007 .\nthe following table provides information about certain mortgage loans carried at fair value : in millions of dollars december 31 , december 31 , carrying amount reported on the consolidated balance sheet $ 4273 $ 6392 aggregate fair value in excess of unpaid principal balance $ 138 $ 136 balance on non-accrual loans or loans more than 90 days past due $ 9 $ 17 aggregate unpaid principal balance in excess of fair value for non-accrual loans or loans more than 90 days past due $ 2 $ 2014 the changes in fair values of these mortgage loans is reported in other revenue in the company 2019s consolidated statement of income .\nthe changes in fair value during the year ended december 31 , 2008 due to instrument- specific credit risk resulted in a $ 32 million loss .\nthe change in fair value during 2007 due to instrument-specific credit risk was immaterial .\nrelated interest income continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement .\nitems selected for fair-value accounting in accordance with sfas 155 and sfas 156 certain hybrid financial instruments the company has elected to apply fair-value accounting under sfas 155 for certain hybrid financial assets and liabilities whose performance is linked to risks other than interest rate , foreign exchange or inflation ( e.g. , equity , credit or commodity risks ) .\nin addition , the company has elected fair-value accounting under sfas 155 for residual interests retained from securitizing certain financial assets .\nthe company has elected fair-value accounting for these instruments because these exposures are considered to be trading-related positions and , therefore , are managed on a fair-value basis .\nin addition , the accounting for these instruments is simplified under a fair-value approach as it eliminates the complicated operational requirements of bifurcating the embedded derivatives from the host contracts and accounting for each separately .\nthe hybrid financial instruments are classified as trading account assets , loans , deposits , trading account liabilities ( for prepaid derivatives ) , short-term borrowings or long-term debt on the company 2019s consolidated balance sheet according to their legal form , while residual interests in certain securitizations are classified as trading account assets .\nfor hybrid financial instruments for which fair-value accounting has been elected under sfas 155 and that are classified as long-term debt , the aggregate unpaid principal exceeds the aggregate fair value by $ 1.9 billion as of december 31 , 2008 , while the aggregate fair value exceeds the aggregate unpaid principal balance by $ 460 million as of december 31 , 2007 .\nthe difference for those instruments classified as loans is immaterial .\nchanges in fair value for hybrid financial instruments , which in most cases includes a component for accrued interest , are recorded in principal transactions in the company 2019s consolidated statement of income .\ninterest accruals for certain hybrid instruments classified as trading assets are recorded separately from the change in fair value as interest revenue in the company 2019s consolidated statement of income .\nmortgage servicing rights the company accounts for mortgage servicing rights ( msrs ) at fair value in accordance with sfas 156 .\nfair value for msrs is determined using an option-adjusted spread valuation approach .\nthis approach consists of projecting servicing cash flows under multiple interest-rate scenarios and discounting these cash flows using risk-adjusted rates .\nthe model assumptions used in the valuation of msrs include mortgage prepayment speeds and discount rates .\nthe fair value of msrs is primarily affected by changes in prepayments that result from shifts in mortgage interest rates .\nin managing this risk , the company hedges a significant portion of the values of its msrs through the use of interest-rate derivative contracts , forward- purchase commitments of mortgage-backed securities , and purchased securities classified as trading .\nsee note 23 on page 175 for further discussions regarding the accounting and reporting of msrs .\nthese msrs , which totaled $ 5.7 billion and $ 8.4 billion as of december 31 , 2008 and december 31 , 2007 , respectively , are classified as mortgage servicing rights on citigroup 2019s consolidated balance sheet .\nchanges in fair value of msrs are recorded in commissions and fees in the company 2019s consolidated statement of income. .\n\nTable Data:\n[['in millions of dollars', 'december 31 2008', 'december 31 2007'], ['carrying amount reported on the consolidated balance sheet', '$ 4273', '$ 6392'], ['aggregate fair value in excess of unpaid principal balance', '$ 138', '$ 136'], ['balance on non-accrual loans or loans more than 90 days past due', '$ 9', '$ 17'], ['aggregate unpaid principal balance in excess of fair value for non-accrual loans or loans more than 90 days pastdue', '$ 2', '$ 2014']]\n\nFollowing Text:\nthe company has elected the fair-value option where the interest-rate risk of such liabilities is economically hedged with derivative contracts or the proceeds are used to purchase financial assets that will also be accounted for at fair value through earnings .\nthe election has been made to mitigate accounting mismatches and to achieve operational simplifications .\nthese positions are reported in short-term borrowings and long-term debt on the company 2019s consolidated balance sheet .\nthe majority of these non-structured liabilities are a result of the company 2019s election of the fair-value option for liabilities associated with the citi-advised structured investment vehicles ( sivs ) , which were consolidated during the fourth quarter of 2007 .\nthe change in fair values of the sivs 2019 liabilities reported in earnings was $ 2.6 billion for the year ended december 31 , 2008 .\nfor these non-structured liabilities the aggregate fair value is $ 263 million lower than the aggregate unpaid principal balance as of december 31 , 2008 .\nfor all other non-structured liabilities classified as long-term debt for which the fair-value option has been elected , the aggregate unpaid principal balance exceeds the aggregate fair value of such instruments by $ 97 million as of december 31 , 2008 while the aggregate fair value exceeded the aggregate unpaid principal by $ 112 million as of december 31 , 2007 .\nthe change in fair value of these non-structured liabilities reported a gain of $ 1.2 billion for the year ended december 31 , 2008 .\nthe change in fair value for these non-structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income .\nrelated interest expense continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement .\ncertain mortgage loans citigroup has elected the fair-value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans held-for- sale .\nthese loans are intended for sale or securitization and are hedged with derivative instruments .\nthe company has elected the fair-value option to mitigate accounting mismatches in cases where hedge accounting is complex and to achieve operational simplifications .\nthe fair-value option was not elected for loans held-for-investment , as those loans are not hedged with derivative instruments .\nthis election was effective for applicable instruments originated or purchased on or after september 1 , 2007 .\nthe following table provides information about certain mortgage loans carried at fair value : in millions of dollars december 31 , december 31 , carrying amount reported on the consolidated balance sheet $ 4273 $ 6392 aggregate fair value in excess of unpaid principal balance $ 138 $ 136 balance on non-accrual loans or loans more than 90 days past due $ 9 $ 17 aggregate unpaid principal balance in excess of fair value for non-accrual loans or loans more than 90 days past due $ 2 $ 2014 the changes in fair values of these mortgage loans is reported in other revenue in the company 2019s consolidated statement of income .\nthe changes in fair value during the year ended december 31 , 2008 due to instrument- specific credit risk resulted in a $ 32 million loss .\nthe change in fair value during 2007 due to instrument-specific credit risk was immaterial .\nrelated interest income continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement .\nitems selected for fair-value accounting in accordance with sfas 155 and sfas 156 certain hybrid financial instruments the company has elected to apply fair-value accounting under sfas 155 for certain hybrid financial assets and liabilities whose performance is linked to risks other than interest rate , foreign exchange or inflation ( e.g. , equity , credit or commodity risks ) .\nin addition , the company has elected fair-value accounting under sfas 155 for residual interests retained from securitizing certain financial assets .\nthe company has elected fair-value accounting for these instruments because these exposures are considered to be trading-related positions and , therefore , are managed on a fair-value basis .\nin addition , the accounting for these instruments is simplified under a fair-value approach as it eliminates the complicated operational requirements of bifurcating the embedded derivatives from the host contracts and accounting for each separately .\nthe hybrid financial instruments are classified as trading account assets , loans , deposits , trading account liabilities ( for prepaid derivatives ) , short-term borrowings or long-term debt on the company 2019s consolidated balance sheet according to their legal form , while residual interests in certain securitizations are classified as trading account assets .\nfor hybrid financial instruments for which fair-value accounting has been elected under sfas 155 and that are classified as long-term debt , the aggregate unpaid principal exceeds the aggregate fair value by $ 1.9 billion as of december 31 , 2008 , while the aggregate fair value exceeds the aggregate unpaid principal balance by $ 460 million as of december 31 , 2007 .\nthe difference for those instruments classified as loans is immaterial .\nchanges in fair value for hybrid financial instruments , which in most cases includes a component for accrued interest , are recorded in principal transactions in the company 2019s consolidated statement of income .\ninterest accruals for certain hybrid instruments classified as trading assets are recorded separately from the change in fair value as interest revenue in the company 2019s consolidated statement of income .\nmortgage servicing rights the company accounts for mortgage servicing rights ( msrs ) at fair value in accordance with sfas 156 .\nfair value for msrs is determined using an option-adjusted spread valuation approach .\nthis approach consists of projecting servicing cash flows under multiple interest-rate scenarios and discounting these cash flows using risk-adjusted rates .\nthe model assumptions used in the valuation of msrs include mortgage prepayment speeds and discount rates .\nthe fair value of msrs is primarily affected by changes in prepayments that result from shifts in mortgage interest rates .\nin managing this risk , the company hedges a significant portion of the values of its msrs through the use of interest-rate derivative contracts , forward- purchase commitments of mortgage-backed securities , and purchased securities classified as trading .\nsee note 23 on page 175 for further discussions regarding the accounting and reporting of msrs .\nthese msrs , which totaled $ 5.7 billion and $ 8.4 billion as of december 31 , 2008 and december 31 , 2007 , respectively , are classified as mortgage servicing rights on citigroup 2019s consolidated balance sheet .\nchanges in fair value of msrs are recorded in commissions and fees in the company 2019s consolidated statement of income. .\n\nQuestion: on the citigroup 2019s consolidated balance sheet what was the ratio of the mortgage servicing rights ( msrs ) fro 2008 compared to 2007",
        "solution": "0.68"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IQV/2016/page_79.pdf\n\nID: IQV/2016/page_79.pdf-1\n\nPrevious Text:\nspecial purpose entity ( 201cspe 201d ) .\nthe spe obtained a term loan and revolving loan commitment from a third party lender , secured by liens on the assets of the spe , to finance the purchase of the accounts receivable , which included a $ 275 million term loan and a $ 25 million revolving loan commitment .\nthe revolving loan commitment may be increased by an additional $ 35 million as amounts are repaid under the term loan .\nquintilesims has guaranteed the performance of the obligations of existing and future subsidiaries that sell and service the accounts receivable under the receivables financing facility .\nthe assets of the spe are not available to satisfy any of our obligations or any obligations of our subsidiaries .\nas of december 31 , 2016 , the full $ 25 million of revolving loan commitment was available under the receivables financing facility .\nwe used the proceeds from the term loan under the receivables financing facility to repay in full the amount outstanding on the then outstanding revolving credit facility under its then outstanding senior secured credit agreement ( $ 150 million ) , to repay $ 25 million of the then outstanding term loan b-3 , to pay related fees and expenses and the remainder was used for general working capital purposes .\nrestrictive covenants our debt agreements provide for certain covenants and events of default customary for similar instruments , including a covenant not to exceed a specified ratio of consolidated senior secured net indebtedness to consolidated ebitda , as defined in the senior secured credit facility and a covenant to maintain a specified minimum interest coverage ratio .\nif an event of default occurs under any of the company 2019s or the company 2019s subsidiaries 2019 financing arrangements , the creditors under such financing arrangements will be entitled to take various actions , including the acceleration of amounts due under such arrangements , and in the case of the lenders under the revolving credit facility and new term loans , other actions permitted to be taken by a secured creditor .\nour long-term debt arrangements contain usual and customary restrictive covenants that , among other things , place limitations on our ability to declare dividends .\nfor additional information regarding these restrictive covenants , see part ii , item 5 201cmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities 2014dividend policy 201d and note 11 to our audited consolidated financial statements included elsewhere in this annual report on form 10-k .\nat december 31 , 2016 , the company was in compliance with the financial covenants under the company 2019s financing arrangements .\nyears ended december 31 , 2016 , 2015 and 2014 cash flow from operating activities .\n\nTable Data:\n[['( in millions )', 'year ended december 31 , 2016', 'year ended december 31 , 2015', 'year ended december 31 , 2014'], ['net cash provided by operating activities', '$ 860', '$ 476', '$ 433']]\n\nFollowing Text:\n2016 compared to 2015 cash provided by operating activities increased $ 384 million in 2016 as compared to 2015 .\nthe increase in cash provided by operating activities reflects the increase in net income as adjusted for non-cash items necessary to reconcile net income to cash provided by operating activities .\nalso contributing to the increase were lower payments for income taxes ( $ 15 million ) , and lower cash used in days sales outstanding ( 201cdso 201d ) and accounts payable and accrued expenses .\nthe lower cash used in dso reflects a two-day increase in dso in 2016 compared to a seven-day increase in dso in 2015 .\ndso can shift significantly at each reporting period depending on the timing of cash receipts under contractual payment terms relative to the recognition of revenue over a project lifecycle. .\n\nQuestion: what is the percent increase in net cash provided by operating activities from 2015 to 2016?",
        "solution": "80.67%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EMR/2018/page_41.pdf\n\nID: EMR/2018/page_41.pdf-2\n\nPrevious Text:\n2018 emerson annual report | 37 inco me taxes the provision for income taxes is based on pretax income reported in the consolidated statements of earnings and tax rates currently enacted in each jurisdiction .\ncertain income and expense items are recognized in different time periods for financial reporting and income tax filing purposes , and deferred income taxes are provided for the effect of temporary differences .\nthe company also provides for foreign withholding taxes and any applicable u.s .\nincome taxes on earnings intended to be repatriated from non-u.s .\nlocations .\nno provision has been made for these taxes on approximately $ 3.4 billion of undistributed earnings of non-u.s .\nsubsidiaries as of september 30 , 2018 , as these earnings are considered indefinitely invested or otherwise retained for continuing international operations .\nrecognition of foreign withholding taxes and any applicable u.s .\nincome taxes on undistributed non-u.s .\nearnings would be triggered by a management decision to repatriate those earnings .\ndetermination of the amount of taxes that might be paid on these undistributed earnings if eventually remitted is not practicable .\nsee note 14 .\n( 2 ) weighted-average common shares basic earnings per common share consider only the weighted-average of common shares outstanding while diluted earnings per common share also consider the dilutive effects of stock options and incentive shares .\nan inconsequential number of shares of common stock were excluded from the computation of dilutive earnings per in 2018 as the effect would have been antidilutive , while 4.5 million and 13.3 million shares of common stock were excluded in 2017 and 2016 , respectively .\nearnings allocated to participating securities were inconsequential for all years presented .\nreconciliations of weighted-average shares for basic and diluted earnings per common share follow ( shares in millions ) : 2016 2017 2018 .\n\nTable Data:\n[['', '2016', '2017', '2018'], ['basic shares outstanding', '644.0', '642.1', '632.0'], ['dilutive shares', '2.8', '1.3', '3.3'], ['diluted shares outstanding', '646.8', '643.4', '635.3']]\n\nFollowing Text:\n( 3 ) acquisitions and divestitures on july 17 , 2018 , the company completed the acquisition of aventics , a global provider of smart pneumatics technologies that power machine and factory automation applications , for $ 622 , net of cash acquired .\nthis business , which has annual sales of approximately $ 425 , is reported in the industrial solutions product offering in the automation solutions segment .\nthe company recognized goodwill of $ 358 ( $ 20 of which is expected to be tax deductible ) , and identifiable intangible assets of $ 278 , primarily intellectual property and customer relationships with a weighted-average useful life of approximately 12 years .\non july 2 , 2018 , the company completed the acquisition of textron 2019s tools and test equipment business for $ 810 , net of cash acquired .\nthis business , with annual sales of approximately $ 470 , is a manufacturer of electrical and utility tools , diagnostics , and test and measurement instruments , and is reported in the tools & home products segment .\nthe company recognized goodwill of $ 374 ( $ 17 of which is expected to be tax deductible ) , and identifiable intangible assets of $ 358 , primarily intellectual property and customer relationships with a weighted-average useful life of approximately 14 years .\non december 1 , 2017 , the company acquired paradigm , a provider of software solutions for the oil and gas industry , for $ 505 , net of cash acquired .\nthis business had annual sales of approximately $ 140 and is included in the measurement & analytical instrumentation product offering within automation solutions .\nthe company recognized goodwill of $ 328 ( $ 160 of which is expected to be tax deductible ) , and identifiable intangible assets of $ 238 , primarily intellectual property and customer relationships with a weighted-average useful life of approximately 11 years .\nduring 2018 , the company also acquired four smaller businesses , two in the automation solutions segment and two in the climate technologies segment. .\n\nQuestion: for the textron 2019s tools and test equipment business acquisition what was the ratio of price paid to annual sales?",
        "solution": "1.72"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2015/page_24.pdf\n\nID: ETR/2015/page_24.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries management 2019s financial discussion and analysis net revenue utility following is an analysis of the change in net revenue comparing 2014 to 2013 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2013 net revenue', '$ 5524'], ['retail electric price', '135'], ['asset retirement obligation', '56'], ['volume/weather', '36'], ['miso deferral', '16'], ['net wholesale revenue', '-29 ( 29 )'], ['other', '-3 ( 3 )'], ['2014 net revenue', '$ 5735']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to : 2022 increases in the energy efficiency rider at entergy arkansas , as approved by the apsc , effective july 2013 and july 2014 .\nenergy efficiency revenues are offset by costs included in other operation and maintenance expenses and have minimal effect on net income ; 2022 the effect of the apsc 2019s order in entergy arkansas 2019s 2013 rate case , including an annual base rate increase effective january 2014 offset by a miso rider to provide customers credits in rates for transmission revenue received through miso ; 2022 a formula rate plan increase at entergy mississippi , as approved by the mspc , effective september 2013 ; 2022 an increase in entergy mississippi 2019s storm damage rider , as approved by the mpsc , effective october 2013 .\nthe increase in the storm damage rider is offset by other operation and maintenance expenses and has no effect on net income ; 2022 an annual base rate increase at entergy texas , effective april 2014 , as a result of the puct 2019s order in the september 2013 rate case ; and 2022 a formula rate plan increase at entergy louisiana , as approved by the lpsc , effective december 2014 .\nsee note 2 to the financial statements for a discussion of rate proceedings .\nthe asset retirement obligation affects net revenue because entergy records a regulatory debit or credit for the difference between asset retirement obligation-related expenses and trust earnings plus asset retirement obligation- related costs collected in revenue .\nthe variance is primarily caused by increases in regulatory credits because of decreases in decommissioning trust earnings and increases in depreciation and accretion expenses and increases in regulatory credits to realign the asset retirement obligation regulatory assets with regulatory treatment .\nthe volume/weather variance is primarily due to an increase of 3129 gwh , or 3% ( 3 % ) , in billed electricity usage primarily due to an increase in sales to industrial customers and the effect of more favorable weather on residential sales .\nthe increase in industrial sales was primarily due to expansions , recovery of a major refining customer from an unplanned outage in 2013 , and continued moderate growth in the manufacturing sector .\nthe miso deferral variance is primarily due to the deferral in 2014 of the non-fuel miso-related charges , as approved by the lpsc and the mpsc , partially offset by the deferral in april 2013 , as approved by the apsc , of costs incurred from march 2010 through december 2012 related to the transition and implementation of joining the miso .\n\nQuestion: what was the percent of the change in the net revenue from 2013 to 2014",
        "solution": "3.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: V/2012/page_28.pdf\n\nID: V/2012/page_28.pdf-2\n\nPrevious Text:\nas the payments landscape evolves , we may increasingly face competition from emerging players in the payment space , many of which are non-financial institution networks that have departed from the more traditional 201cbank-centric 201d business model .\nthe emergence of these potentially competitive networks has primarily been via the online channel with a focus on ecommerce and/or mobile technologies .\npaypal , google and isis are examples .\nthese providers compete with visa directly in some cases , yet may also be significant partners and customers of visa .\nbased on payments volume , total volume and number of transactions , visa is the largest retail electronic payments network in the world .\nthe following chart compares our network with those of our major general purpose payment network competitors for calendar year 2011 : company payments volume volume transactions cards ( billions ) ( billions ) ( billions ) ( millions ) visa inc. ( 1 ) .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 3768 $ 6029 77.6 2011 .\n\nTable Data:\n[['company', 'paymentsvolume ( billions )', 'totalvolume ( billions )', 'totaltransactions ( billions )', 'cards ( millions )'], ['visa inc. ( 1 )', '$ 3768', '$ 6029', '77.6', '2011'], ['mastercard', '2430', '3249', '39.8', '1059'], ['american express', '808', '822', '5.3', '97'], ['discover', '114', '122', '1.9', '59'], ['jcb', '160', '166', '1.4', '77'], ['diners club', '28', '29', '0.2', '6']]\n\nFollowing Text:\n( 1 ) visa inc .\nfigures as reported on form 8-k filed with the sec on february 8 and may 2 , 2012 , respectively .\nvisa figures represent total volume , payments volume and cash volume , and the number of payments transactions , cash transactions , accounts and cards for products carrying the visa , visa electron and interlink brands .\ncard counts include plus proprietary cards .\npayments volume represents the aggregate dollar amount of purchases made with cards carrying the visa , visa electron and interlink brands for the relevant period .\ntotal volume represents payments volume plus cash volume .\nthe data presented is reported quarterly by visa 2019s clients on their operating certificates and is subject to verification by visa .\non occasion , clients may update previously submitted information .\nsources : mastercard , american express , jcb and diners club data sourced from the nilson report issue 992 ( april 2012 ) .\nincludes all consumer and commercial credit , debit and prepaid cards .\nsome prior year figures have been restated .\ncurrency figures are in u.s .\ndollars .\nmastercard excludes maestro and cirrus figures .\namerican express includes figures for third-party issuers .\njcb figures include third-party issuers and other payment-related products .\nsome figures are estimates .\ndiners club figures are for the 12 months ended november 30 , 2011 .\ndiscover data sourced from the nilson report issue 986 ( january 2012 ) 2014u.s .\ndata only and includes business from third-party issuers .\nfor more information on the concentration of our operating revenues and other financial information , see item 8 2014financial statements and supplementary data 2014note 14 2014enterprise-wide disclosures and concentration of business included elsewhere in this report .\nworking capital requirements payments settlement due from and due to issuing and acquiring clients represents a substantial daily working capital requirement .\nu.s .\ndollar settlements are typically settled within the same day and do not result in a receivable or payable balance , while settlement currencies other than the u.s .\ndollar generally remain outstanding for one to two business days , consistent with industry practice for such transactions. .\n\nQuestion: what is the average payment per transaction of discover holders?",
        "solution": "60.0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MS/2013/page_223.pdf\n\nID: MS/2013/page_223.pdf-1\n\nPrevious Text:\nmorgan stanley notes to consolidated financial statements 2014 ( continued ) consumer price index ) .\nsenior debt also may be structured to be callable by the company or extendible at the option of holders of the senior debt securities .\ndebt containing provisions that effectively allow the holders to put or extend the notes aggregated $ 1175 million at december 31 , 2013 and $ 1131 million at december 31 , 2012 .\nin addition , separate agreements are entered into by the company 2019s subsidiaries that effectively allow the holders to put the notes aggregated $ 353 million at december 31 , 2013 and $ 1895 million at december 31 , 2012 .\nsubordinated debt and junior subordinated debentures generally are issued to meet the capital requirements of the company or its regulated subsidiaries and primarily are u.s .\ndollar denominated .\nsenior debt 2014structured borrowings .\nthe company 2019s index-linked , equity-linked or credit-linked borrowings include various structured instruments whose payments and redemption values are linked to the performance of a specific index ( e.g. , standard & poor 2019s 500 ) , a basket of stocks , a specific equity security , a credit exposure or basket of credit exposures .\nto minimize the exposure resulting from movements in the underlying index , equity , credit or other position , the company has entered into various swap contracts and purchased options that effectively convert the borrowing costs into floating rates based upon libor .\nthese instruments are included in the preceding table at their redemption values based on the performance of the underlying indices , baskets of stocks , or specific equity securities , credit or other position or index .\nthe company carries either the entire structured borrowing at fair value or bifurcates the embedded derivative and carries it at fair value .\nthe swaps and purchased options used to economically hedge the embedded features are derivatives and also are carried at fair value .\nchanges in fair value related to the notes and economic hedges are reported in trading revenues .\nsee note 4 for further information on structured borrowings .\nsubordinated debt and junior subordinated debentures .\nincluded in the company 2019s long-term borrowings are subordinated notes of $ 9275 million having a contractual weighted average coupon of 4.69% ( 4.69 % ) at december 31 , 2013 and $ 5845 million having a weighted average coupon of 4.81% ( 4.81 % ) at december 31 , 2012 .\njunior subordinated debentures outstanding by the company were $ 4849 million at december 31 , 2013 and $ 4827 million at december 31 , 2012 having a contractual weighted average coupon of 6.37% ( 6.37 % ) at both december 31 , 2013 and december 31 , 2012 .\nmaturities of the subordinated and junior subordinated notes range from 2014 to 2067 .\nmaturities of certain junior subordinated debentures can be extended to 2052 at the company 2019s option .\nasset and liability management .\nin general , securities inventories that are not financed by secured funding sources and the majority of the company 2019s assets are financed with a combination of deposits , short-term funding , floating rate long-term debt or fixed rate long-term debt swapped to a floating rate .\nfixed assets are generally financed with fixed rate long-term debt .\nthe company uses interest rate swaps to more closely match these borrowings to the duration , holding period and interest rate characteristics of the assets being funded and to manage interest rate risk .\nthese swaps effectively convert certain of the company 2019s fixed rate borrowings into floating rate obligations .\nin addition , for non-u.s .\ndollar currency borrowings that are not used to fund assets in the same currency , the company has entered into currency swaps that effectively convert the borrowings into u.s .\ndollar obligations .\nthe company 2019s use of swaps for asset and liability management affected its effective average borrowing rate as follows: .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['weighted average coupon of long-term borrowings at period-end ( 1 )', '4.4% ( 4.4 % )', '4.4% ( 4.4 % )', '4.0% ( 4.0 % )'], ['effective average borrowing rate for long-term borrowings after swaps at period-end ( 1 )', '2.2% ( 2.2 % )', '2.3% ( 2.3 % )', '1.9% ( 1.9 % )']]\n\nFollowing Text:\n( 1 ) included in the weighted average and effective average calculations are non-u.s .\ndollar interest rates .\nother .\nthe company , through several of its subsidiaries , maintains funded and unfunded committed credit facilities to support various businesses , including the collateralized commercial and residential mortgage whole loan , derivative contracts , warehouse lending , emerging market loan , structured product , corporate loan , investment banking and prime brokerage businesses. .\n\nQuestion: what was the effect in difference of average borrowing rate due to the use of swaps in 2013?",
        "solution": "2.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2013/page_107.pdf\n\nID: STT/2013/page_107.pdf-4\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) the npr is generally consistent with the basel committee 2019s lcr .\nhowever , it includes certain more stringent requirements , including an accelerated implementation time line and modifications to the definition of high-quality liquid assets and expected outflow assumptions .\nwe continue to analyze the proposed rules and analyze their impact as well as develop strategies for compliance .\nthe principles of the lcr are consistent with our liquidity management framework ; however , the specific calibrations of various elements within the final lcr rule , such as the eligibility of assets as hqla , operational deposit requirements and net outflow requirements could have a material effect on our liquidity , funding and business activities , including the management and composition of our investment securities portfolio and our ability to extend committed contingent credit facilities to our clients .\nin january 2014 , the basel committee released a revised proposal with respect to the net stable funding ratio , or nsfr , which will establish a one-year liquidity standard representing the proportion of long-term assets funded by long-term stable funding , scheduled for global implementation in 2018 .\nthe revised nsfr has made some favorable changes regarding the treatment of operationally linked deposits and a reduction in the funding required for certain securities .\nhowever , we continue to review the specifics of the basel committee's release and will be evaluating the u.s .\nimplementation of this standard to analyze the impact and develop strategies for compliance .\nu.s .\nbanking regulators have not yet issued a proposal to implement the nsfr .\ncontractual cash obligations and other commitments the following table presents our long-term contractual cash obligations , in total and by period due as of december 31 , 2013 .\nthese obligations were recorded in our consolidated statement of condition as of that date , except for operating leases and the interest portions of long-term debt and capital leases .\ncontractual cash obligations .\n\nTable Data:\n[['as of december 31 2013 ( in millions )', 'payments due by period total', 'payments due by period less than 1year', 'payments due by period 1-3years', 'payments due by period 4-5years', 'payments due by period over 5years'], ['long-term debt ( 1 )', '$ 10630', '$ 1015', '$ 2979', '$ 2260', '$ 4376'], ['operating leases', '923', '208', '286', '209', '220'], ['capital lease obligations', '1051', '99', '185', '169', '598'], ['total contractual cash obligations', '$ 12604', '$ 1322', '$ 3450', '$ 2638', '$ 5194']]\n\nFollowing Text:\n( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .\ninterest payments were calculated at the stated rate with the exception of floating-rate debt , for which payments were calculated using the indexed rate in effect as of december 31 , 2013 .\nthe table above does not include obligations which will be settled in cash , primarily in less than one year , such as client deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings .\nadditional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 8 and 9 to the consolidated financial statements included under item 8 of this form 10-k .\nthe table does not include obligations related to derivative instruments because the derivative-related amounts recorded in our consolidated statement of condition as of december 31 , 2013 did not represent the amounts that may ultimately be paid under the contracts upon settlement .\nadditional information about our derivative instruments is provided in note 16 to the consolidated financial statements included under item 8 of this form 10-k .\nwe have obligations under pension and other post-retirement benefit plans , more fully described in note 19 to the consolidated financial statements included under item 8 of this form 10-k , which are not included in the above table .\nadditional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 10 and 20 to the consolidated financial statements included under item 8 of this form 10-k .\nour consolidated statement of cash flows , also included under item 8 of this form 10-k , provides additional liquidity information .\nthe following table presents our commitments , other than the contractual cash obligations presented above , in total and by duration as of december 31 , 2013 .\nthese commitments were not recorded in our consolidated statement of condition as of that date. .\n\nQuestion: what percent of total contractual obligations is long term debt?",
        "solution": "84.34%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2010/page_133.pdf\n\nID: AES/2010/page_133.pdf-1\n\nPrevious Text:\n2022 integration of new projects .\nduring 2010 , the following projects were acquired or commenced commercial operations : project location fuel aes equity interest ( percent , rounded ) .\n\nTable Data:\n[['project', 'location', 'fuel', 'gross mw', 'aes equity interest ( percent rounded )'], ['ballylumford', 'united kingdom', 'gas', '1246', '100% ( 100 % )'], ['jhrh ( 1 )', 'china', 'hydro', '379', '35% ( 35 % )'], ['nueva ventanas', 'chile', 'coal', '272', '71% ( 71 % )'], ['st . nikola', 'bulgaria', 'wind', '156', '89% ( 89 % )'], ['guacolda 4 ( 2 )', 'chile', 'coal', '152', '35% ( 35 % )'], ['dong qi ( 3 )', 'china', 'wind', '49', '49% ( 49 % )'], ['huanghua ii ( 3 )', 'china', 'wind', '49', '49% ( 49 % )'], ['st . patrick', 'france', 'wind', '35', '100% ( 100 % )'], ['north rhins', 'scotland', 'wind', '22', '100% ( 100 % )'], ['kepezkaya', 'turkey', 'hydro', '28', '51% ( 51 % )'], ['damlapinar ( 4 )', 'turkey', 'hydro', '16', '51% ( 51 % )']]\n\nFollowing Text:\ndamlapinar ( 4 ) .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\nturkey hydro 16 51% ( 51 % ) ( 1 ) jianghe rural electrification development co .\nltd .\n( 201cjhrh 201d ) and aes china hydropower investment co .\nltd .\nentered into an agreement to acquire a 49% ( 49 % ) interest in this joint venture in june 2010 .\nacquisition of 35% ( 35 % ) ownership was completed in june 2010 and the transfer of the remaining 14% ( 14 % ) ownership , which is subject to approval by the chinese government , is expected to be completed in may 2011 .\n( 2 ) guacolda is an equity method investment indirectly held by aes through gener .\nthe aes equity interest reflects the 29% ( 29 % ) noncontrolling interests in gener .\n( 3 ) joint venture with guohua energy investment co .\nltd .\n( 4 ) joint venture with i.c .\nenergy .\nkey trends and uncertainties our operations continue to face many risks as discussed in item 1a . 2014risk factors of this form 10-k .\nsome of these challenges are also described above in key drivers of results in 2010 .\nwe continue to monitor our operations and address challenges as they arise .\ndevelopment .\nduring the past year , the company has successfully acquired and completed construction of a number of projects , totaling approximately 2404 mw , including the acquisition of ballylumford in the united kingdom and completion of construction of a number of projects in europe , chile and china .\nhowever , as discussed in item 1a . 2014risk factors 2014our business is subject to substantial development uncertainties of this form 10-k , our development projects are subject to uncertainties .\ncertain delays have occurred at the 670 mw maritza coal-fired project in bulgaria , and the project has not yet begun commercial operations .\nas noted in note 10 2014debt included in item 8 of this form 10-k , as a result of these delays the project debt is in default and the company is working with its lenders to resolve the default .\nin addition , as noted in item 3 . 2014legal proceedings , the company is in litigation with the contractor regarding the cause of delays .\nat this time , we believe that maritza will commence commercial operations for at least some of the project 2019s capacity by the second half of 2011 .\nhowever , commencement of commercial operations could be delayed beyond this time frame .\nthere can be no assurance that maritza will achieve commercial operations , in whole or in part , by the second half of 2011 , resolve the default with the lenders or prevail in the litigation referenced above , which could result in the loss of some or all of our investment or require additional funding for the project .\nany of these events could have a material adverse effect on the company 2019s operating results or financial position .\nglobal economic conditions .\nduring the past few years , economic conditions in some countries where our subsidiaries conduct business have deteriorated .\nalthough the economic conditions in several of these countries have improved in recent months , our businesses could be impacted in the event these recent trends do not continue. .\n\nQuestion: what percentage of mw from acquired or commenced commercial operations in 2010 were due to ballylumford in the united kingdom?",
        "solution": "52%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2008/page_144.pdf\n\nID: CB/2008/page_144.pdf-3\n\nPrevious Text:\nforeign currency exchange rate risk many of our non-u.s .\ncompanies maintain both assets and liabilities in local currencies .\ntherefore , foreign exchange rate risk is generally limited to net assets denominated in those foreign currencies .\nforeign exchange rate risk is reviewed as part of our risk management process .\nlocally required capital levels are invested in home currencies in order to satisfy regulatory require- ments and to support local insurance operations regardless of currency fluctuations .\nthe principal currencies creating foreign exchange risk for us are the british pound sterling , the euro , and the canadian dollar .\nthe following table provides more information on our exposure to foreign exchange rate risk at december 31 , 2008 and 2007. .\n\nTable Data:\n[['( in millions of u.s . dollars )', '2008', '2007'], ['fair value of net assets denominated in foreign currencies', '$ 1127', '$ 1651'], ['percentage of fair value of total net assets', '7.8% ( 7.8 % )', '9.9% ( 9.9 % )'], ['pre-tax impact on equity of hypothetical 10 percent strengthening of the u.s . dollar', '$ 84', '$ 150']]\n\nFollowing Text:\nreinsurance of gmdb and gmib guarantees our net income is directly impacted by changes in the reserves calculated in connection with the reinsurance of variable annuity guarantees , primarily gmdb and gmib .\nthese reserves are calculated in accordance with sop 03-1 ( sop reserves ) and changes in these reserves are reflected as life and annuity benefit expense , which is included in life underwriting income .\nin addition , our net income is directly impacted by the change in the fair value of the gmib liability ( fvl ) , which is classified as a derivative according to fas 133 .\nthe fair value liability established for a gmib reinsurance contract represents the differ- ence between the fair value of the contract and the sop 03-1 reserves .\nchanges in the fair value of the gmib liability , net of associated changes in the calculated sop 03-1 reserve , are reflected as realized gains or losses .\nace views our variable annuity reinsurance business as having a similar risk profile to that of catastrophe reinsurance , with the probability of long-term economic loss relatively small at the time of pricing .\nadverse changes in market factors and policyholder behavior will have an impact on both life underwriting income and net income .\nwhen evaluating these risks , we expect to be compensated for taking both the risk of a cumulative long-term economic net loss , as well as the short-term accounting variations caused by these market movements .\ntherefore , we evaluate this business in terms of its long-term eco- nomic risk and reward .\nthe ultimate risk to the variable annuity guaranty reinsurance business is a long-term underperformance of investment returns , which can be exacerbated by a long-term reduction in interest rates .\nfollowing a market downturn , continued market underperformance over a period of five to seven years would eventually result in a higher level of paid claims as policyholders accessed their guarantees through death or annuitization .\nhowever , if market conditions improved following a downturn , sop 03-1 reserves and fair value liability would fall reflecting a decreased likelihood of future claims , which would result in an increase in both life underwriting income and net income .\nas of december 31 , 2008 , management established the sop 03-1 reserve based on the benefit ratio calculated using actual market values at december 31 , 2008 .\nmanagement exercises judgment in determining the extent to which short-term market movements impact the sop 03-1 reserve .\nthe sop 03-1 reserve is based on the calculation of a long-term benefit ratio ( or loss ratio ) for the variable annuity guarantee reinsurance .\ndespite the long-term nature of the risk the benefit ratio calculation is impacted by short-term market movements that may be judged by management to be temporary or transient .\nmanagement will , in keeping with the language in sop 03-1 , regularly examine both quantitative and qualitative analysis and management will determine if , in its judgment , the change in the calculated benefit ratio is of sufficient magnitude and has persisted for a sufficient duration to warrant a change in the benefit ratio used to establish the sop 03-1 reserve .\nthis has no impact on either premium received or claims paid nor does it impact the long-term profit or loss of the variable annuity guaran- tee reinsurance .\nthe sop 03-1 reserve and fair value liability calculations are directly affected by market factors , including equity levels , interest rate levels , credit risk and implied volatilities , as well as policyholder behaviors , such as annuitization and lapse rates .\nthe table below shows the sensitivity , as of december 31 , 2008 , of the sop 03-1 reserves and fair value liability associated with the variable annuity guarantee reinsurance portfolio .\nin addition , the tables below show the sensitivity of the fair value of specific derivative instruments held ( hedge value ) , which includes instruments purchased in january 2009 , to partially offset the risk in the variable annuity guarantee reinsurance portfolio .\nalthough these derivatives do not receive hedge accounting treatment , some portion of the change in value may be used to offset changes in the sop 03-1 reserve. .\n\nQuestion: what are the total net assets in 2008 , ( in millions ) ?",
        "solution": "14448.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APD/2016/page_117.pdf\n\nID: APD/2016/page_117.pdf-1\n\nPrevious Text:\nthe valuation allowance as of 30 september 2016 of $ 155.2 primarily related to the tax benefit on the federal capital loss carryforward of $ 48.0 , tax benefit of foreign loss carryforwards of $ 37.7 , and capital assets of $ 58.0 that were generated from the loss recorded on the exit from the energy-from-waste business in 2016 .\nif events warrant the reversal of the valuation allowance , it would result in a reduction of tax expense .\nwe believe it is more likely than not that future earnings and reversal of deferred tax liabilities will be sufficient to utilize our deferred tax assets , net of existing valuation allowance , at 30 september 2016 .\nthe deferred tax liability associated with unremitted earnings of foreign entities decreased in part due to the dividend to repatriate cash from a foreign subsidiary in south korea .\nthis amount was also impacted by ongoing activity including earnings , dividend payments , tax credit adjustments , and currency translation impacting the undistributed earnings of our foreign subsidiaries and corporate joint ventures which are not considered to be indefinitely reinvested outside of the u.s .\nwe record u.s .\nincome taxes on the undistributed earnings of our foreign subsidiaries and corporate joint ventures unless those earnings are indefinitely reinvested outside of the u.s .\nthese cumulative undistributed earnings that are considered to be indefinitely reinvested in foreign subsidiaries and corporate joint ventures are included in retained earnings on the consolidated balance sheets and amounted to $ 6300.9 as of 30 september 2016 .\nan estimated $ 1467.8 in u.s .\nincome and foreign withholding taxes would be due if these earnings were remitted as dividends after payment of all deferred taxes .\na reconciliation of the beginning and ending amount of the unrecognized tax benefits is as follows: .\n\nTable Data:\n[['unrecognized tax benefits', '2016', '2015', '2014'], ['balance at beginning of year', '$ 97.5', '$ 108.7', '$ 124.3'], ['additions for tax positions of the current year', '15.0', '6.9', '8.1'], ['additions for tax positions of prior years', '3.8', '7.5', '4.9'], ['reductions for tax positions of prior years', '-.3 ( .3 )', '-7.9 ( 7.9 )', '-14.6 ( 14.6 )'], ['settlements', '-5.6 ( 5.6 )', '-.6 ( .6 )', '2014'], ['statute of limitations expiration', '-3.0 ( 3.0 )', '-11.2 ( 11.2 )', '-14.0 ( 14.0 )'], ['foreign currency translation', '-.5 ( .5 )', '-5.9 ( 5.9 )', '2014'], ['balance at end of year', '$ 106.9', '$ 97.5', '$ 108.7']]\n\nFollowing Text:\nat 30 september 2016 and 2015 , we had $ 106.9 and $ 97.5 of unrecognized tax benefits , excluding interest and penalties , of which $ 64.5 and $ 62.5 , respectively , would impact the effective tax rate if recognized .\ninterest and penalties related to unrecognized tax benefits are recorded as a component of income tax expense and totaled $ 2.3 in 2016 , $ ( 1.8 ) in 2015 , and $ 1.2 in 2014 .\nour accrued balance for interest and penalties was $ 9.8 and $ 7.5 as of 30 september 2016 and 2015 , respectively. .\n\nQuestion: considering the years 2014-2016 , what is the average value for additions for tax positions of the current year?",
        "solution": "10"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2011/page_78.pdf\n\nID: UNP/2011/page_78.pdf-4\n\nPrevious Text:\ndebt maturities 2013 the following table presents aggregate debt maturities as of december 31 , 2011 , excluding market value adjustments : millions .\n\nTable Data:\n[['2012', '$ 309'], ['2013', '636'], ['2014', '706'], ['2015', '467'], ['2016', '517'], ['thereafter', '6271'], ['total debt', '$ 8906']]\n\nFollowing Text:\nas of both december 31 , 2011 and december 31 , 2010 , we have reclassified as long-term debt approximately $ 100 million of debt due within one year that we intend to refinance .\nthis reclassification reflects our ability and intent to refinance any short-term borrowings and certain current maturities of long- term debt on a long-term basis .\nmortgaged properties 2013 equipment with a carrying value of approximately $ 2.9 billion and $ 3.2 billion at december 31 , 2011 and 2010 , respectively , served as collateral for capital leases and other types of equipment obligations in accordance with the secured financing arrangements utilized to acquire such railroad equipment .\nas a result of the merger of missouri pacific railroad company ( mprr ) with and into uprr on january 1 , 1997 , and pursuant to the underlying indentures for the mprr mortgage bonds , uprr must maintain the same value of assets after the merger in order to comply with the security requirements of the mortgage bonds .\nas of the merger date , the value of the mprr assets that secured the mortgage bonds was approximately $ 6.0 billion .\nin accordance with the terms of the indentures , this collateral value must be maintained during the entire term of the mortgage bonds irrespective of the outstanding balance of such bonds .\ncredit facilities 2013 during the second quarter of 2011 , we replaced our $ 1.9 billion revolving credit facility , which was scheduled to expire in april 2012 , with a new $ 1.8 billion facility that expires in may 2015 ( the facility ) .\nthe facility is based on substantially similar terms as those in the previous credit facility .\non december 31 , 2011 , we had $ 1.8 billion of credit available under the facility , which is designated for general corporate purposes and supports the issuance of commercial paper .\nwe did not draw on either facility during 2011 .\ncommitment fees and interest rates payable under the facility are similar to fees and rates available to comparably rated , investment-grade borrowers .\nthe facility allows for borrowings at floating rates based on london interbank offered rates , plus a spread , depending upon our senior unsecured debt ratings .\nthe facility requires the corporation to maintain a debt-to-net-worth coverage ratio as a condition to making a borrowing .\nat december 31 , 2011 , and december 31 , 2010 ( and at all times during the year ) , we were in compliance with this covenant .\nthe definition of debt used for purposes of calculating the debt-to-net-worth coverage ratio includes , among other things , certain credit arrangements , capital leases , guarantees and unfunded and vested pension benefits under title iv of erisa .\nat december 31 , 2011 , the debt-to-net-worth coverage ratio allowed us to carry up to $ 37.2 billion of debt ( as defined in the facility ) , and we had $ 9.5 billion of debt ( as defined in the facility ) outstanding at that date .\nunder our current capital plans , we expect to continue to satisfy the debt-to-net-worth coverage ratio ; however , many factors beyond our reasonable control ( including the risk factors in item 1a of this report ) could affect our ability to comply with this provision in the future .\nthe facility does not include any other financial restrictions , credit rating triggers ( other than rating-dependent pricing ) , or any other provision that could require us to post collateral .\nthe facility also includes a $ 75 million cross-default provision and a change-of-control provision .\nduring 2011 , we did not issue or repay any commercial paper and , at december 31 , 2011 , we had no commercial paper outstanding .\noutstanding commercial paper balances are supported by our revolving credit facility but do not reduce the amount of borrowings available under the facility .\ndividend restrictions 2013 our revolving credit facility includes a debt-to-net worth covenant ( discussed in the credit facilities section above ) that , under certain circumstances , restricts the payment of cash .\n\nQuestion: what percent of total aggregate debt maturities as of december 31 , 2011 are due in 2013?",
        "solution": "7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: L/2016/page_62.pdf\n\nID: L/2016/page_62.pdf-2\n\nPrevious Text:\nitem 5 .\nmarket for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2016 .\nthe graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2011 and that all dividends were reinvested. .\n\nTable Data:\n[['', '2011', '2012', '2013', '2014', '2015', '2016'], ['loews common stock', '100.0', '108.91', '129.64', '113.59', '104.47', '128.19'], ['s&p 500 index', '100.0', '116.00', '153.57', '174.60', '177.01', '198.18'], ['loews peer group ( a )', '100.0', '113.39', '142.85', '150.44', '142.44', '165.34']]\n\nFollowing Text:\n( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : chubb limited ( name change from ace limited after it acquired the chubb corporation on january 15 , 2016 ) , w.r .\nberkley corporation , the chubb corporation ( included through january 15 , 2016 when it was acquired by ace limited ) , energy transfer partners l.p. , ensco plc , the hartford financial services group , inc. , kinder morgan energy partners , l.p .\n( included through november 26 , 2014 when it was acquired by kinder morgan inc. ) , noble corporation , spectra energy corp , transocean ltd .\nand the travelers companies , inc .\ndividend information we have paid quarterly cash dividends in each year since 1967 .\nregular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2016 and 2015. .\n\nQuestion: what is the roi of an investment in s&p500 index from 2011 to 2012?",
        "solution": "16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2013/page_195.pdf\n\nID: GS/2013/page_195.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements under the regulatory framework for prompt corrective action applicable to gs bank usa , in order to meet the quantitative requirements for being a 201cwell-capitalized 201d depository institution , gs bank usa is required to maintain a tier 1 capital ratio of at least 6% ( 6 % ) , a total capital ratio of at least 10% ( 10 % ) and a tier 1 leverage ratio of at least 5% ( 5 % ) .\ngs bank usa agreed with the federal reserve board to maintain minimum capital ratios in excess of these 201cwell- capitalized 201d levels .\naccordingly , for a period of time , gs bank usa is expected to maintain a tier 1 capital ratio of at least 8% ( 8 % ) , a total capital ratio of at least 11% ( 11 % ) and a tier 1 leverage ratio of at least 6% ( 6 % ) .\nas noted in the table below , gs bank usa was in compliance with these minimum capital requirements as of december 2013 and december 2012 .\nthe table below presents information regarding gs bank usa 2019s regulatory capital ratios under basel i , as implemented by the federal reserve board .\nthe information as of december 2013 reflects the revised market risk regulatory capital requirements , which became effective on january 1 , 2013 .\nthese changes resulted in increased regulatory capital requirements for market risk .\nthe information as of december 2012 is prior to the implementation of these revised market risk regulatory capital requirements. .\n\nTable Data:\n[['$ in millions', 'as of december 2013', 'as of december 2012'], ['tier 1 capital', '$ 20086', '$ 20704'], ['tier 2 capital', '$ 116', '$ 39'], ['total capital', '$ 20202', '$ 20743'], ['risk-weighted assets', '$ 134935', '$ 109669'], ['tier 1 capital ratio', '14.9% ( 14.9 % )', '18.9% ( 18.9 % )'], ['total capital ratio', '15.0% ( 15.0 % )', '18.9% ( 18.9 % )'], ['tier 1 leverage ratio', '16.9% ( 16.9 % )', '17.6% ( 17.6 % )']]\n\nFollowing Text:\nthe revised capital framework described above is also applicable to gs bank usa , which is an advanced approach banking organization under this framework .\ngs bank usa has also been informed by the federal reserve board that it has completed a satisfactory parallel run , as required of advanced approach banking organizations under the revised capital framework , and therefore changes to its calculations of rwas will take effect beginning with the second quarter of 2014 .\nunder the revised capital framework , as of january 1 , 2014 , gs bank usa became subject to a new minimum cet1 ratio requirement of 4% ( 4 % ) , increasing to 4.5% ( 4.5 % ) in 2015 .\nin addition , the revised capital framework changes the standards for 201cwell-capitalized 201d status under prompt corrective action regulations beginning january 1 , 2015 by , among other things , introducing a cet1 ratio requirement of 6.5% ( 6.5 % ) and increasing the tier 1 capital ratio requirement from 6% ( 6 % ) to 8% ( 8 % ) .\nin addition , commencing january 1 , 2018 , advanced approach banking organizations must have a supplementary leverage ratio of 3% ( 3 % ) or greater .\nthe basel committee published its final guidelines for calculating incremental capital requirements for domestic systemically important banking institutions ( d-sibs ) .\nthese guidelines are complementary to the framework outlined above for g-sibs .\nthe impact of these guidelines on the regulatory capital requirements of gs bank usa will depend on how they are implemented by the banking regulators in the united states .\nthe deposits of gs bank usa are insured by the fdic to the extent provided by law .\nthe federal reserve board requires depository institutions to maintain cash reserves with a federal reserve bank .\nthe amount deposited by the firm 2019s depository institution held at the federal reserve bank was approximately $ 50.39 billion and $ 58.67 billion as of december 2013 and december 2012 , respectively , which exceeded required reserve amounts by $ 50.29 billion and $ 58.59 billion as of december 2013 and december 2012 , respectively .\ntransactions between gs bank usa and its subsidiaries and group inc .\nand its subsidiaries and affiliates ( other than , generally , subsidiaries of gs bank usa ) are regulated by the federal reserve board .\nthese regulations generally limit the types and amounts of transactions ( including credit extensions from gs bank usa ) that may take place and generally require those transactions to be on market terms or better to gs bank usa .\nthe firm 2019s principal non-u.s .\nbank subsidiary , gsib , is a wholly-owned credit institution , regulated by the prudential regulation authority ( pra ) and the financial conduct authority ( fca ) and is subject to minimum capital requirements .\nas of december 2013 and december 2012 , gsib was in compliance with all regulatory capital requirements .\ngoldman sachs 2013 annual report 193 .\n\nQuestion: in millions , what was the change between 2013 and 2012 in tier 1 capital?",
        "solution": "-618"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: V/2009/page_89.pdf\n\nID: V/2009/page_89.pdf-1\n\nPrevious Text:\nvisa inc .\nnotes to consolidated financial statements 2014 ( continued ) september 30 , 2009 ( in millions , except as noted ) to value the shares issued on june 15 , 2007 ( the 201cmeasurement date 201d ) , the company primarily relied upon the analysis of comparable companies with similar industry , business model and financial profiles .\nthis analysis considered a range of metrics including the forward multiples of revenue ; earnings before interest , depreciation and amortization ; and net income of these comparable companies .\nultimately , the company determined that the forward net income multiple was the most appropriate measure to value the acquired regions and reflect anticipated changes in the company 2019s financial profile prospectively .\nthis multiple was applied to the corresponding forward net income of the acquired regions to calculate their value .\nthe most comparable company identified was mastercard inc .\ntherefore , the most significant input into this analysis was mastercard 2019s forward net income multiple of 27 times net income at the measurement date .\nvisa inc .\ncommon stock issued to visa europe as part of the reorganization , visa europe received 62762788 shares of class c ( series iii and iv ) common stock valued at $ 3.1 billion based on the value of the class c ( series i ) common stock issued to the acquired regions .\nvisa europe also received 27904464 shares of class c ( series ii ) common stock valued at $ 1.104 billion determined by discounting the redemption price of these shares using a risk-free rate of 4.9% ( 4.9 % ) over the period to october 2008 , when these shares were redeemed by the company .\nprior to the ipo , the company issued visa europe an additional 51844393 class c ( series ii ) common stock at a price of $ 44 per share in exchange for a subscription receivable .\nthe issuance and subscription receivable were recorded as offsetting entries in temporary equity at september 30 , 2008 .\ncompletion of the company 2019s ipo triggered the redemption feature of this stock and in march 2008 , the company reclassified all outstanding shares of the class c ( series ii ) common stock at its then fair value of $ 1.125 billion to temporary equity on the consolidated balance sheet with a corresponding reduction in additional paid-in-capital of $ 1.104 billion and accumulated income of $ 21 million .\nfrom march 2008 to october 10 , 2008 , the date these shares were redeemed , the company recorded accretion of this stock to its redemption price through accumulated income .\nfair value of assets acquired and liabilities assumed total purchase consideration has been allocated to the tangible and identifiable intangible assets and liabilities assumed underlying the acquired interests based on their fair value on the reorganization date .\nthe excess of purchase consideration over net assets assumed was recorded as goodwill .\nthe following table summarizes this allocation. .\n\nTable Data:\n[['', 'in millions'], ['tangible assets and liabilities', ''], ['current assets', '$ 1733'], ['non-current assets', '1122'], ['current liabilities', '-1194 ( 1194 )'], ['non-current liabilities', '-4426 ( 4426 )'], ['intangible assets', '10883'], ['goodwill', '10295'], ['net assets acquired', '$ 18413']]\n\nFollowing Text:\n.\n\nQuestion: what was the percent of the net assets acquired allocated to current assets",
        "solution": "9.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DG/2008/page_86.pdf\n\nID: DG/2008/page_86.pdf-2\n\nPrevious Text:\nfor intangible assets subject to amortization , the estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows : 2009 - $ 41.1 million , 2010 - $ 27.3 million , 2011 - $ 20.9 million , 2012 - $ 17.0 million , and 2013 - $ 12.0 million .\nfees and expenses related to the merger totaled $ 102.6 million , principally consisting of investment banking fees , legal fees and stock compensation ( $ 39.4 million as further discussed in note 10 ) , and are reflected in the 2007 results of operations .\ncapitalized debt issuance costs as of the merger date of $ 87.4 million for merger-related financing were reflected in other long- term assets in the consolidated balance sheet .\nthe following represents the unaudited pro forma results of the company 2019s consolidated operations as if the merger had occurred on february 3 , 2007 and february 4 , 2006 , respectively , after giving effect to certain adjustments , including the depreciation and amortization of the assets acquired based on their estimated fair values and changes in interest expense resulting from changes in consolidated debt ( in thousands ) : ( in thousands ) year ended february 1 , year ended february 2 .\n\nTable Data:\n[['( in thousands )', 'year endedfebruary 12008', 'year endedfebruary 22007'], ['revenue', '$ 9495246', '$ 9169822'], ['net loss', '-57939 ( 57939 )', '( 156188 )']]\n\nFollowing Text:\nthe pro forma information does not purport to be indicative of what the company 2019s results of operations would have been if the acquisition had in fact occurred at the beginning of the periods presented , and is not intended to be a projection of the company 2019s future results of operations .\nsubsequent to the announcement of the merger agreement , the company and its directors , along with other parties , were named in seven putative class actions filed in tennessee state courts alleging claims for breach of fiduciary duty arising out of the proposed merger , all as described more fully under 201clegal proceedings 201d in note 8 below .\n3 .\nstrategic initiatives during 2006 , the company began implementing certain strategic initiatives related to its historical inventory management and real estate strategies , as more fully described below .\ninventory management in november 2006 , the company undertook an initiative to discontinue its historical inventory packaway model for virtually all merchandise by the end of fiscal 2007 .\nunder the packaway model , certain unsold inventory items ( primarily seasonal merchandise ) were stored on-site and returned to the sales floor until the items were eventually sold , damaged or discarded .\nthrough end-of-season and other markdowns , this initiative resulted in the elimination of seasonal , home products and basic clothing packaway merchandise to allow for increased levels of newer , current-season merchandise .\nin connection with this strategic change , in the third quarter of 2006 the company recorded a reserve for lower of cost or market inventory .\n\nQuestion: what was the total estimated aggregate amortization expense for each of the five succeeding fiscal years from 2009 to 2013 in millions",
        "solution": "118.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APD/2016/page_109.pdf\n\nID: APD/2016/page_109.pdf-2\n\nPrevious Text:\nwe , in the normal course of business operations , have issued product warranties related to equipment sales .\nalso , contracts often contain standard terms and conditions which typically include a warranty and indemnification to the buyer that the goods and services purchased do not infringe on third-party intellectual property rights .\nthe provision for estimated future costs relating to warranties is not material to the consolidated financial statements .\nwe do not expect that any sum we may have to pay in connection with guarantees and warranties will have a material adverse effect on our consolidated financial condition , liquidity , or results of operations .\nunconditional purchase obligations we are obligated to make future payments under unconditional purchase obligations as summarized below: .\n\nTable Data:\n[['2017', '$ 942'], ['2018', '525'], ['2019', '307'], ['2020', '298'], ['2021', '276'], ['thereafter', '2983'], ['total', '$ 5331']]\n\nFollowing Text:\napproximately $ 4000 of our unconditional purchase obligations relate to helium purchases , which include crude feedstock supply to multiple helium refining plants in north america as well as refined helium purchases from sources around the world .\nas a rare byproduct of natural gas production in the energy sector , these helium sourcing agreements are medium- to long-term and contain take-or-pay provisions .\nthe refined helium is distributed globally and sold as a merchant gas , primarily under medium-term requirements contracts .\nwhile contract terms in the energy sector are longer than those in merchant , helium is a rare gas used in applications with few or no substitutions because of its unique physical and chemical properties .\napproximately $ 330 of our long-term unconditional purchase obligations relate to feedstock supply for numerous hyco ( hydrogen , carbon monoxide , and syngas ) facilities .\nthe price of feedstock supply is principally related to the price of natural gas .\nhowever , long-term take-or-pay sales contracts to hyco customers are generally matched to the term of the feedstock supply obligations and provide recovery of price increases in the feedstock supply .\ndue to the matching of most long-term feedstock supply obligations to customer sales contracts , we do not believe these purchase obligations would have a material effect on our financial condition or results of operations .\nthe unconditional purchase obligations also include other product supply and purchase commitments and electric power and natural gas supply purchase obligations , which are primarily pass-through contracts with our customers .\npurchase commitments to spend approximately $ 350 for additional plant and equipment are included in the unconditional purchase obligations in 2017 .\nin addition , we have purchase commitments totaling approximately $ 500 in 2017 and 2018 relating to our long-term sale of equipment project for saudi aramco 2019s jazan oil refinery .\n18 .\ncapital stock common stock authorized common stock consists of 300 million shares with a par value of $ 1 per share .\nas of 30 september 2016 , 249 million shares were issued , with 217 million outstanding .\non 15 september 2011 , the board of directors authorized the repurchase of up to $ 1000 of our outstanding common stock .\nwe repurchase shares pursuant to rules 10b5-1 and 10b-18 under the securities exchange act of 1934 , as amended , through repurchase agreements established with several brokers .\nwe did not purchase any of our outstanding shares during fiscal year 2016 .\nat 30 september 2016 , $ 485.3 in share repurchase authorization remains. .\n\nQuestion: what is the percentage of outstanding shares among all issued shares?",
        "solution": "87.14%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2010/page_133.pdf\n\nID: AES/2010/page_133.pdf-2\n\nPrevious Text:\n2022 integration of new projects .\nduring 2010 , the following projects were acquired or commenced commercial operations : project location fuel aes equity interest ( percent , rounded ) .\n\nTable Data:\n[['project', 'location', 'fuel', 'gross mw', 'aes equity interest ( percent rounded )'], ['ballylumford', 'united kingdom', 'gas', '1246', '100% ( 100 % )'], ['jhrh ( 1 )', 'china', 'hydro', '379', '35% ( 35 % )'], ['nueva ventanas', 'chile', 'coal', '272', '71% ( 71 % )'], ['st . nikola', 'bulgaria', 'wind', '156', '89% ( 89 % )'], ['guacolda 4 ( 2 )', 'chile', 'coal', '152', '35% ( 35 % )'], ['dong qi ( 3 )', 'china', 'wind', '49', '49% ( 49 % )'], ['huanghua ii ( 3 )', 'china', 'wind', '49', '49% ( 49 % )'], ['st . patrick', 'france', 'wind', '35', '100% ( 100 % )'], ['north rhins', 'scotland', 'wind', '22', '100% ( 100 % )'], ['kepezkaya', 'turkey', 'hydro', '28', '51% ( 51 % )'], ['damlapinar ( 4 )', 'turkey', 'hydro', '16', '51% ( 51 % )']]\n\nFollowing Text:\ndamlapinar ( 4 ) .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\nturkey hydro 16 51% ( 51 % ) ( 1 ) jianghe rural electrification development co .\nltd .\n( 201cjhrh 201d ) and aes china hydropower investment co .\nltd .\nentered into an agreement to acquire a 49% ( 49 % ) interest in this joint venture in june 2010 .\nacquisition of 35% ( 35 % ) ownership was completed in june 2010 and the transfer of the remaining 14% ( 14 % ) ownership , which is subject to approval by the chinese government , is expected to be completed in may 2011 .\n( 2 ) guacolda is an equity method investment indirectly held by aes through gener .\nthe aes equity interest reflects the 29% ( 29 % ) noncontrolling interests in gener .\n( 3 ) joint venture with guohua energy investment co .\nltd .\n( 4 ) joint venture with i.c .\nenergy .\nkey trends and uncertainties our operations continue to face many risks as discussed in item 1a . 2014risk factors of this form 10-k .\nsome of these challenges are also described above in key drivers of results in 2010 .\nwe continue to monitor our operations and address challenges as they arise .\ndevelopment .\nduring the past year , the company has successfully acquired and completed construction of a number of projects , totaling approximately 2404 mw , including the acquisition of ballylumford in the united kingdom and completion of construction of a number of projects in europe , chile and china .\nhowever , as discussed in item 1a . 2014risk factors 2014our business is subject to substantial development uncertainties of this form 10-k , our development projects are subject to uncertainties .\ncertain delays have occurred at the 670 mw maritza coal-fired project in bulgaria , and the project has not yet begun commercial operations .\nas noted in note 10 2014debt included in item 8 of this form 10-k , as a result of these delays the project debt is in default and the company is working with its lenders to resolve the default .\nin addition , as noted in item 3 . 2014legal proceedings , the company is in litigation with the contractor regarding the cause of delays .\nat this time , we believe that maritza will commence commercial operations for at least some of the project 2019s capacity by the second half of 2011 .\nhowever , commencement of commercial operations could be delayed beyond this time frame .\nthere can be no assurance that maritza will achieve commercial operations , in whole or in part , by the second half of 2011 , resolve the default with the lenders or prevail in the litigation referenced above , which could result in the loss of some or all of our investment or require additional funding for the project .\nany of these events could have a material adverse effect on the company 2019s operating results or financial position .\nglobal economic conditions .\nduring the past few years , economic conditions in some countries where our subsidiaries conduct business have deteriorated .\nalthough the economic conditions in several of these countries have improved in recent months , our businesses could be impacted in the event these recent trends do not continue. .\n\nQuestion: what percentage of mw from acquired or commenced commercial operations in 2010 were due to nueva ventana?",
        "solution": "11%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2015/page_53.pdf\n\nID: CDW/2015/page_53.pdf-1\n\nPrevious Text:\ntable of contents ( 4 ) the decline in cash flows was driven by the timing of inventory purchases at the end of 2014 versus 2013 .\nin order to manage our working capital and operating cash needs , we monitor our cash conversion cycle , defined as days of sales outstanding in accounts receivable plus days of supply in inventory minus days of purchases outstanding in accounts payable , based on a rolling three-month average .\ncomponents of our cash conversion cycle are as follows: .\n\nTable Data:\n[['( in days )', 'december 31 , 2015', 'december 31 , 2014', 'december 31 , 2013'], ['days of sales outstanding ( dso ) ( 1 )', '48', '42', '44'], ['days of supply in inventory ( dio ) ( 2 )', '13', '13', '14'], ['days of purchases outstanding ( dpo ) ( 3 )', '-40 ( 40 )', '-34 ( 34 )', '-35 ( 35 )'], ['cash conversion cycle', '21', '21', '23']]\n\nFollowing Text:\n( 1 ) represents the rolling three-month average of the balance of trade accounts receivable , net at the end of the period divided by average daily net sales for the same three-month period .\nalso incorporates components of other miscellaneous receivables .\n( 2 ) represents the rolling three-month average of the balance of merchandise inventory at the end of the period divided by average daily cost of goods sold for the same three-month period .\n( 3 ) represents the rolling three-month average of the combined balance of accounts payable-trade , excluding cash overdrafts , and accounts payable-inventory financing at the end of the period divided by average daily cost of goods sold for the same three-month period .\nthe cash conversion cycle remained at 21 days at december 31 , 2015 and december 31 , 2014 .\nthe increase in dso was primarily driven by a higher accounts receivable balance at december 31 , 2015 driven by higher public segment sales where customers generally take longer to pay than customers in our corporate segment , slower government payments in certain states due to budget issues and an increase in net sales and related accounts receivable for third-party services such as software assurance and warranties .\nthese services have an unfavorable impact on dso as the receivable is recognized on the balance sheet on a gross basis while the corresponding sales amount in the statement of operations is recorded on a net basis .\nthese services have a favorable impact on dpo as the payable is recognized on the balance sheet without a corresponding cost of sale in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales .\nin addition to the impact of these services on dpo , dpo also increased due to the mix of payables with certain vendors that have longer payment terms .\nthe cash conversion cycle decreased to 21 days at december 31 , 2014 compared to 23 days at december 31 , 2013 , primarily driven by improvement in dso .\nthe decline in dso was primarily driven by improved collections and early payments from certain customers .\nadditionally , the timing of inventory receipts at the end of 2014 had a favorable impact on dio and an unfavorable impact on dpo .\ninvesting activities net cash used in investing activities increased $ 189.6 million in 2015 compared to 2014 .\nthe increase was primarily due to the completion of the acquisition of kelway by purchasing the remaining 65% ( 65 % ) of its outstanding common stock on august 1 , 2015 .\nadditionally , capital expenditures increased $ 35.1 million to $ 90.1 million from $ 55.0 million for 2015 and 2014 , respectively , primarily for our new office location and an increase in spending related to improvements to our information technology systems .\nnet cash used in investing activities increased $ 117.7 million in 2014 compared to 2013 .\nwe paid $ 86.8 million in the fourth quarter of 2014 to acquire a 35% ( 35 % ) non-controlling interest in kelway .\nadditionally , capital expenditures increased $ 7.9 million to $ 55.0 million from $ 47.1 million in 2014 and 2013 , respectively , primarily for improvements to our information technology systems during both years .\nfinancing activities net cash used in financing activities increased $ 114.5 million in 2015 compared to 2014 .\nthe increase was primarily driven by share repurchases during the year ended december 31 , 2015 which resulted in an increase in cash used for financing activities of $ 241.3 million .\nfor more information on our share repurchase program , see item 5 , 201cmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . 201d the increase was partially offset by the changes in accounts payable-inventory financing , which resulted in an increase in cash provided for financing activities of $ 20.4 million , and the net impact of our debt transactions which resulted in cash outflows of $ 7.1 million and $ 145.9 million during the years .\n\nQuestion: what was the percent of the change in days of sales outstanding from 2014 to 2015",
        "solution": "14.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2017/page_96.pdf\n\nID: ECL/2017/page_96.pdf-1\n\nPrevious Text:\n13 .\nrentals and leases the company leases sales and administrative office facilities , distribution centers , research and manufacturing facilities , as well as vehicles and other equipment under operating leases .\ntotal rental expense under the company 2019s operating leases was $ 239 million in 2017 and $ 221 million in both 2016 and 2015 .\nas of december 31 , 2017 , identifiable future minimum payments with non-cancelable terms in excess of one year were : ( millions ) .\n\nTable Data:\n[['2018', '$ 131'], ['2019', '115'], ['2020', '96'], ['2021', '86'], ['2022', '74'], ['thereafter', '115'], ['total', '$ 617']]\n\nFollowing Text:\nthe company enters into operating leases for vehicles whose non-cancelable terms are one year or less in duration with month-to-month renewal options .\nthese leases have been excluded from the table above .\nthe company estimates payments under such leases will approximate $ 62 million in 2018 .\nthese vehicle leases have guaranteed residual values that have historically been satisfied by the proceeds on the sale of the vehicles .\n14 .\nresearch and development expenditures research expenditures that relate to the development of new products and processes , including significant improvements and refinements to existing products , are expensed as incurred .\nsuch costs were $ 201 million in 2017 , $ 189 million in 2016 and $ 191 million in 2015 .\nthe company did not participate in any material customer sponsored research during 2017 , 2016 or 2015 .\n15 .\ncommitments and contingencies the company is subject to various claims and contingencies related to , among other things , workers 2019 compensation , general liability ( including product liability ) , automobile claims , health care claims , environmental matters and lawsuits .\nthe company is also subject to various claims and contingencies related to income taxes , which are discussed in note 12 .\nthe company also has contractual obligations including lease commitments , which are discussed in note 13 .\nthe company records liabilities where a contingent loss is probable and can be reasonably estimated .\nif the reasonable estimate of a probable loss is a range , the company records the most probable estimate of the loss or the minimum amount when no amount within the range is a better estimate than any other amount .\nthe company discloses a contingent liability even if the liability is not probable or the amount is not estimable , or both , if there is a reasonable possibility that a material loss may have been incurred .\ninsurance globally , the company has insurance policies with varying deductibility levels for property and casualty losses .\nthe company is insured for losses in excess of these deductibles , subject to policy terms and conditions and has recorded both a liability and an offsetting receivable for amounts in excess of these deductibles .\nthe company is self-insured for health care claims for eligible participating employees , subject to certain deductibles and limitations .\nthe company determines its liabilities for claims on an actuarial basis .\nlitigation and environmental matters the company and certain subsidiaries are party to various lawsuits , claims and environmental actions that have arisen in the ordinary course of business .\nthese include from time to time antitrust , commercial , patent infringement , product liability and wage hour lawsuits , as well as possible obligations to investigate and mitigate the effects on the environment of the disposal or release of certain chemical substances at various sites , such as superfund sites and other operating or closed facilities .\nthe company has established accruals for certain lawsuits , claims and environmental matters .\nthe company currently believes that there is not a reasonably possible risk of material loss in excess of the amounts accrued related to these legal matters .\nbecause litigation is inherently uncertain , and unfavorable rulings or developments could occur , there can be no certainty that the company may not ultimately incur charges in excess of recorded liabilities .\na future adverse ruling , settlement or unfavorable development could result in future charges that could have a material adverse effect on the company 2019s results of operations or cash flows in the period in which they are recorded .\nthe company currently believes that such future charges related to suits and legal claims , if any , would not have a material adverse effect on the company 2019s consolidated financial position .\nenvironmental matters the company is currently participating in environmental assessments and remediation at approximately 45 locations , the majority of which are in the u.s. , and environmental liabilities have been accrued reflecting management 2019s best estimate of future costs .\npotential insurance reimbursements are not anticipated in the company 2019s accruals for environmental liabilities. .\n\nQuestion: what is the percentage change in the r&d expenses from 2016 to 2017?",
        "solution": "6.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2010/page_45.pdf\n\nID: PPG/2010/page_45.pdf-3\n\nPrevious Text:\nnotes to the consolidated financial statements the credit agreement provides that loans will bear interest at rates based , at the company 2019s option , on one of two specified base rates plus a margin based on certain formulas defined in the credit agreement .\nadditionally , the credit agreement contains a commitment fee on the amount of unused commitment under the credit agreement ranging from 0.125% ( 0.125 % ) to 0.625% ( 0.625 % ) per annum .\nthe applicable interest rate and the commitment fee will vary depending on the ratings established by standard & poor 2019s financial services llc and moody 2019s investor service inc .\nfor the company 2019s non-credit enhanced , long- term , senior , unsecured debt .\nthe credit agreement contains usual and customary restrictive covenants for facilities of its type , which include , with specified exceptions , limitations on the company 2019s ability to create liens or other encumbrances , to enter into sale and leaseback transactions and to enter into consolidations , mergers or transfers of all or substantially all of its assets .\nthe credit agreement also requires the company to maintain a ratio of total indebtedness to total capitalization , as defined in the credit agreement , of sixty percent or less .\nthe credit agreement contains customary events of default that would permit the lenders to accelerate the repayment of any loans , including the failure to make timely payments when due under the credit agreement or other material indebtedness , the failure to satisfy covenants contained in the credit agreement , a change in control of the company and specified events of bankruptcy and insolvency .\nthere were no amounts outstanding under the credit agreement at december 31 , on november 12 , 2010 , ppg completed a public offering of $ 250 million in aggregate principal amount of its 1.900% ( 1.900 % ) notes due 2016 ( the 201c2016 notes 201d ) , $ 500 million in aggregate principal amount of its 3.600% ( 3.600 % ) notes due 2020 ( the 201c2020 notes 201d ) and $ 250 million in aggregate principal amount of its 5.500% ( 5.500 % ) notes due 2040 ( the 201c2040 notes 201d ) .\nthese notes were issued pursuant to an indenture dated as of march 18 , 2008 ( the 201coriginal indenture 201d ) between the company and the bank of new york mellon trust company , n.a. , as trustee ( the 201ctrustee 201d ) , as supplemented by a first supplemental indenture dated as of march 18 , 2008 between the company and the trustee ( the 201cfirst supplemental indenture 201d ) and a second supplemental indenture dated as of november 12 , 2010 between the company and the trustee ( the 201csecond supplemental indenture 201d and , together with the original indenture and the first supplemental indenture , the 201cindenture 201d ) .\nthe company may issue additional debt from time to time pursuant to the original indenture .\nthe indenture governing these notes contains covenants that limit the company 2019s ability to , among other things , incur certain liens securing indebtedness , engage in certain sale-leaseback transactions , and enter into certain consolidations , mergers , conveyances , transfers or leases of all or substantially all the company 2019s assets .\nthe terms of these notes also require the company to make an offer to repurchase notes upon a change of control triggering event ( as defined in the second supplemental indenture ) at a price equal to 101% ( 101 % ) of their principal amount plus accrued and unpaid interest .\ncash proceeds from this notes offering was $ 983 million ( net of discount and issuance costs ) .\nthe discount and issuance costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 791 million of which $ 31 million was used as of december 31 , 2010 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2010 and 2009 , was as follows : ( millions ) 2010 2009 20ac650 million revolving credit facility , 0.8% ( 0.8 % ) as of dec .\n31 , 2009 $ 2014 $ 110 other , weighted average 3.39% ( 3.39 % ) as of dec .\n31 , 2010 and 2.2% ( 2.2 % ) as of december 31 , 2009 24 158 total $ 24 $ 268 ppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2010 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2010 , 2009 and 2008 totaled $ 189 million , $ 201 million and $ 228 million , respectively .\n2010 ppg annual report and form 10-k 43 .\n\nTable Data:\n[['( millions )', '2010', '2009'], ['20ac650 million revolving credit facility 0.8% ( 0.8 % ) as of dec . 31 2009', '$ 2014', '$ 110'], ['other weighted average 3.39% ( 3.39 % ) as of dec . 31 2010 and 2.2% ( 2.2 % ) as of december 31 2009', '24', '158'], ['total', '$ 24', '$ 268']]\n\nFollowing Text:\nnotes to the consolidated financial statements the credit agreement provides that loans will bear interest at rates based , at the company 2019s option , on one of two specified base rates plus a margin based on certain formulas defined in the credit agreement .\nadditionally , the credit agreement contains a commitment fee on the amount of unused commitment under the credit agreement ranging from 0.125% ( 0.125 % ) to 0.625% ( 0.625 % ) per annum .\nthe applicable interest rate and the commitment fee will vary depending on the ratings established by standard & poor 2019s financial services llc and moody 2019s investor service inc .\nfor the company 2019s non-credit enhanced , long- term , senior , unsecured debt .\nthe credit agreement contains usual and customary restrictive covenants for facilities of its type , which include , with specified exceptions , limitations on the company 2019s ability to create liens or other encumbrances , to enter into sale and leaseback transactions and to enter into consolidations , mergers or transfers of all or substantially all of its assets .\nthe credit agreement also requires the company to maintain a ratio of total indebtedness to total capitalization , as defined in the credit agreement , of sixty percent or less .\nthe credit agreement contains customary events of default that would permit the lenders to accelerate the repayment of any loans , including the failure to make timely payments when due under the credit agreement or other material indebtedness , the failure to satisfy covenants contained in the credit agreement , a change in control of the company and specified events of bankruptcy and insolvency .\nthere were no amounts outstanding under the credit agreement at december 31 , on november 12 , 2010 , ppg completed a public offering of $ 250 million in aggregate principal amount of its 1.900% ( 1.900 % ) notes due 2016 ( the 201c2016 notes 201d ) , $ 500 million in aggregate principal amount of its 3.600% ( 3.600 % ) notes due 2020 ( the 201c2020 notes 201d ) and $ 250 million in aggregate principal amount of its 5.500% ( 5.500 % ) notes due 2040 ( the 201c2040 notes 201d ) .\nthese notes were issued pursuant to an indenture dated as of march 18 , 2008 ( the 201coriginal indenture 201d ) between the company and the bank of new york mellon trust company , n.a. , as trustee ( the 201ctrustee 201d ) , as supplemented by a first supplemental indenture dated as of march 18 , 2008 between the company and the trustee ( the 201cfirst supplemental indenture 201d ) and a second supplemental indenture dated as of november 12 , 2010 between the company and the trustee ( the 201csecond supplemental indenture 201d and , together with the original indenture and the first supplemental indenture , the 201cindenture 201d ) .\nthe company may issue additional debt from time to time pursuant to the original indenture .\nthe indenture governing these notes contains covenants that limit the company 2019s ability to , among other things , incur certain liens securing indebtedness , engage in certain sale-leaseback transactions , and enter into certain consolidations , mergers , conveyances , transfers or leases of all or substantially all the company 2019s assets .\nthe terms of these notes also require the company to make an offer to repurchase notes upon a change of control triggering event ( as defined in the second supplemental indenture ) at a price equal to 101% ( 101 % ) of their principal amount plus accrued and unpaid interest .\ncash proceeds from this notes offering was $ 983 million ( net of discount and issuance costs ) .\nthe discount and issuance costs related to these notes , which totaled $ 17 million , will be amortized to interest expense over the respective terms of the notes .\nppg 2019s non-u.s .\noperations have uncommitted lines of credit totaling $ 791 million of which $ 31 million was used as of december 31 , 2010 .\nthese uncommitted lines of credit are subject to cancellation at any time and are generally not subject to any commitment fees .\nshort-term debt outstanding as of december 31 , 2010 and 2009 , was as follows : ( millions ) 2010 2009 20ac650 million revolving credit facility , 0.8% ( 0.8 % ) as of dec .\n31 , 2009 $ 2014 $ 110 other , weighted average 3.39% ( 3.39 % ) as of dec .\n31 , 2010 and 2.2% ( 2.2 % ) as of december 31 , 2009 24 158 total $ 24 $ 268 ppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures .\nthe company 2019s revolving credit agreements include a financial ratio covenant .\nthe covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nas of december 31 , 2010 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments .\nadditionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions .\nthose provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements .\nnone of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates .\ninterest payments in 2010 , 2009 and 2008 totaled $ 189 million , $ 201 million and $ 228 million , respectively .\n2010 ppg annual report and form 10-k 43 .\n\nQuestion: what was the change in millions of interest payments from 2009 to 2010?",
        "solution": "-12"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2019/page_136.pdf\n\nID: WRK/2019/page_136.pdf-2\n\nPrevious Text:\nwestrock company notes to consolidated financial statements 2014 ( continued ) our results of operations for the fiscal years ended september 30 , 2019 , 2018 and 2017 include share-based compensation expense of $ 64.2 million , $ 66.8 million and $ 60.9 million , respectively , including $ 2.9 million included in the gain on sale of hh&b in fiscal 2017 .\nshare-based compensation expense in fiscal 2017 was reduced by $ 5.4 million for the rescission of shares granted to our ceo that were inadvertently granted in excess of plan limits in fiscal 2014 and 2015 .\nthe total income tax benefit in the results of operations in connection with share-based compensation was $ 16.3 million , $ 19.4 million and $ 22.5 million , for the fiscal years ended september 30 , 2019 , 2018 and 2017 , respectively .\ncash received from share-based payment arrangements for the fiscal years ended september 30 , 2019 , 2018 and 2017 was $ 61.5 million , $ 44.4 million and $ 59.2 million , respectively .\nequity awards issued in connection with acquisitions in connection with the kapstone acquisition , we replaced certain outstanding awards of restricted stock units granted under the kapstone long-term incentive plan with westrock stock options and restricted stock units .\nno additional shares will be granted under the kapstone plan .\nthe kapstone equity awards were replaced with awards with identical terms utilizing an approximately 0.83 conversion factor as described in the merger agreement .\nthe acquisition consideration included approximately $ 70.8 million related to outstanding kapstone equity awards related to service prior to the effective date of the kapstone acquisition 2013 the balance related to service after the effective date will be expensed over the remaining service period of the awards .\nas part of the kapstone acquisition , we issued 2665462 options that were valued at a weighted average fair value of $ 20.99 per share using the black-scholes option pricing model .\nthe weighted average significant assumptions used were: .\n\nTable Data:\n[['', '2019'], ['expected term in years', '3.1'], ['expected volatility', '27.7% ( 27.7 % )'], ['risk-free interest rate', '3.0% ( 3.0 % )'], ['dividend yield', '4.1% ( 4.1 % )']]\n\nFollowing Text:\nin connection with the mps acquisition , we replaced certain outstanding awards of restricted stock units granted under the mps long-term incentive plan with westrock restricted stock units .\nno additional shares will be granted under the mps plan .\nthe mps equity awards were replaced with identical terms utilizing an approximately 0.33 conversion factor as described in the merger agreement .\nas part of the mps acquisition , we granted 119373 awards of restricted stock units , which contain service conditions and were valued at $ 54.24 per share .\nthe acquisition consideration included approximately $ 1.9 million related to outstanding mps equity awards related to service prior to the effective date of the mps acquisition 2013 the balance related to service after the effective date will be expensed over the remaining service period of the awards .\nstock options and stock appreciation rights stock options granted under our plans generally have an exercise price equal to the closing market price on the date of the grant , generally vest in three years , in either one tranche or in approximately one-third increments , and have 10-year contractual terms .\nhowever , a portion of our grants are subject to earlier expense recognition due to retirement eligibility rules .\npresently , other than circumstances such as death , disability and retirement , grants will include a provision requiring both a change of control and termination of employment to accelerate vesting .\nat the date of grant , we estimate the fair value of stock options granted using a black-scholes option pricing model .\nwe use historical data to estimate option exercises and employee terminations in determining the expected term in years for stock options .\nexpected volatility is calculated based on the historical volatility of our stock .\nthe risk-free interest rate is based on u.s .\ntreasury securities in effect at the date of the grant of the stock options .\nthe dividend yield is estimated based on our historic annual dividend payments and current expectations for the future .\nother than in connection with replacement awards in connection with acquisitions , we did not grant any stock options in fiscal 2019 , 2018 and 2017. .\n\nQuestion: what was the value of the restricted stock units awarded in the mps acquisition? ( $ )",
        "solution": "6474791.52"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2012/page_123.pdf\n\nID: RE/2012/page_123.pdf-1\n\nPrevious Text:\nat december 31 , 2012 , the gross reserves for a&e losses were comprised of $ 138449 thousand representing case reserves reported by ceding companies , $ 90637 thousand representing additional case reserves established by the company on assumed reinsurance claims , $ 36667 thousand representing case reserves established by the company on direct excess insurance claims , including mt .\nmckinley , and $ 177068 thousand representing ibnr reserves .\nwith respect to asbestos only , at december 31 , 2012 , the company had gross asbestos loss reserves of $ 422849 thousand , or 95.5% ( 95.5 % ) , of total a&e reserves , of which $ 339654 thousand was for assumed business and $ 83195 thousand was for direct business .\nfuture policy benefit reserve .\nactivity in the reserve for future policy benefits is summarized for the periods indicated: .\n\nTable Data:\n[['( dollars in thousands )', 'at december 31 , 2012', 'at december 31 , 2011', 'at december 31 , 2010'], ['balance at beginning of year', '$ 67187', '$ 63002', '$ 64536'], ['liabilities assumed', '126', '176', '172'], ['adjustments to reserves', '2365', '8449', '2944'], ['benefits paid in the current year', '-3571 ( 3571 )', '-4440 ( 4440 )', '-4650 ( 4650 )'], ['balance at end of year', '$ 66107', '$ 67187', '$ 63002']]\n\nFollowing Text:\n4 .\nfair value the company 2019s fixed maturity and equity securities are primarily managed by third party investment asset managers .\nthe investment asset managers obtain prices from nationally recognized pricing services .\nthese services seek to utilize market data and observations in their evaluation process .\nthey use pricing applications that vary by asset class and incorporate available market information and when fixed maturity securities do not trade on a daily basis the services will apply available information through processes such as benchmark curves , benchmarking of like securities , sector groupings and matrix pricing .\nin addition , they use model processes , such as the option adjusted spread model to develop prepayment and interest rate scenarios for securities that have prepayment features .\nin limited instances where prices are not provided by pricing services or in rare instances when a manager may not agree with the pricing service , price quotes on a non-binding basis are obtained from investment brokers .\nthe investment asset managers do not make any changes to prices received from either the pricing services or the investment brokers .\nin addition , the investment asset managers have procedures in place to review the reasonableness of the prices from the service providers and may request verification of the prices .\nin addition , the company continually performs analytical reviews of price changes and tests the prices on a random basis to an independent pricing source .\nno material variances were noted during these price validation procedures .\nin limited situations , where financial markets are inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value .\nthe company made no such adjustments at december 31 , 2012 and 2011 .\nthe company internally manages a small public equity portfolio which had a fair value at december 31 , 2012 of $ 117602 thousand and all prices were obtained from publically published sources .\nequity securities in u.s .\ndenominated currency are categorized as level 1 , quoted prices in active markets for identical assets , since the securities are actively traded on an exchange and prices are based on quoted prices from the exchange .\nequity securities traded on foreign exchanges are categorized as level 2 due to potential foreign exchange adjustments to fair or market value .\nfixed maturity securities are generally categorized as level 2 , significant other observable inputs , since a particular security may not have traded but the pricing services are able to use valuation models with observable market inputs such as interest rate yield curves and prices for similar fixed maturity securities in terms of issuer , maturity and seniority .\nvaluations that are derived from techniques in which one or more of the significant inputs are unobservable ( including assumptions about risk ) are categorized as level 3 .\n\nQuestion: what is the net change in reserve for future policy benefits during 2012?",
        "solution": "-1080"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2012/page_72.pdf\n\nID: LMT/2012/page_72.pdf-2\n\nPrevious Text:\nuntil the hedged transaction is recognized in earnings .\nchanges in the fair value of the derivatives that are attributable to the ineffective portion of the hedges , or of derivatives that are not considered to be highly effective hedges , if any , are immediately recognized in earnings .\nthe aggregate notional amount of our outstanding foreign currency hedges at december 31 , 2012 and 2011 was $ 1.3 billion and $ 1.7 billion .\nthe aggregate notional amount of our outstanding interest rate swaps at december 31 , 2012 and 2011 was $ 503 million and $ 450 million .\nderivative instruments did not have a material impact on net earnings and comprehensive income during 2012 , 2011 , and 2010 .\nsubstantially all of our derivatives are designated for hedge accounting .\nsee note 15 for more information on the fair value measurements related to our derivative instruments .\nstock-based compensation 2013 compensation cost related to all share-based payments including stock options and restricted stock units is measured at the grant date based on the estimated fair value of the award .\nwe generally recognize the compensation cost ratably over a three-year vesting period .\nincome taxes 2013 we periodically assess our tax filing exposures related to periods that are open to examination .\nbased on the latest available information , we evaluate our tax positions to determine whether the position will more likely than not be sustained upon examination by the internal revenue service ( irs ) .\nif we cannot reach a more-likely-than-not determination , no benefit is recorded .\nif we determine that the tax position is more likely than not to be sustained , we record the largest amount of benefit that is more likely than not to be realized when the tax position is settled .\nwe record interest and penalties related to income taxes as a component of income tax expense on our statements of earnings .\ninterest and penalties are not material .\naccumulated other comprehensive loss 2013 changes in the balance of accumulated other comprehensive loss , net of income taxes , consisted of the following ( in millions ) : postretirement benefit plan adjustments other , net accumulated comprehensive .\n\nTable Data:\n[['', 'postretirement benefit plan adjustments', 'other net', 'accumulated other comprehensive loss'], ['balance at january 1 2010', '$ -8564 ( 8564 )', '$ -31 ( 31 )', '$ -8595 ( 8595 )'], ['other comprehensive ( loss ) income', '-430 ( 430 )', '15', '-415 ( 415 )'], ['balance at december 31 2010', '-8994 ( 8994 )', '-16 ( 16 )', '-9010 ( 9010 )'], ['other comprehensive loss', '-2192 ( 2192 )', '-55 ( 55 )', '-2247 ( 2247 )'], ['balance at december 31 2011', '-11186 ( 11186 )', '-71 ( 71 )', '-11257 ( 11257 )'], ['other comprehensive ( loss ) income', '-2346 ( 2346 )', '110', '-2236 ( 2236 )'], ['balance at december 31 2012', '$ -13532 ( 13532 )', '$ 39', '$ -13493 ( 13493 )']]\n\nFollowing Text:\nthe postretirement benefit plan adjustments are shown net of tax benefits at december 31 , 2012 , 2011 , and 2010 of $ 7.4 billion , $ 6.1 billion , and $ 4.9 billion .\nthese tax benefits include amounts recognized on our income tax returns as current deductions and deferred income taxes , which will be recognized on our tax returns in future years .\nsee note 7 and note 9 for more information on our income taxes and postretirement plans .\nrecent accounting pronouncements 2013 effective january 1 , 2012 , we retrospectively adopted new guidance issued by the financial accounting standards board by presenting total comprehensive income and the components of net income and other comprehensive loss in two separate but consecutive statements .\nthe adoption of this guidance resulted only in a change in how we present other comprehensive loss in our consolidated financial statements and did not have any impact on our results of operations , financial position , or cash flows. .\n\nQuestion: what is the percentage change in aggregate notional amount of outstanding foreign currency hedges from 2011 to 2012?",
        "solution": "-23.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VRTX/2006/page_8.pdf\n\nID: VRTX/2006/page_8.pdf-1\n\nPrevious Text:\nunited states , fail to either complete treatment or show a long-term sustained response to therapy .\nas a result , we believe new safe and effective treatment options for hcv infection are needed .\ntelaprevir development program we are conducting three major phase 2b clinical trials of telaprevir .\nprove 1 is ongoing in the united states and prove 2 is ongoing in european union , both in treatment-na efve patients .\nprove 3 has commenced and is being conducted with patients in north america and the european union who did not achieve sustained viral response with previous interferon-based treatments .\nprove 1 and prove 2 are fully enrolled , and we commenced patient enrollment in prove 3 in january 2007 .\nprove 1 and prove 2 we expect that together , the prove 1 and prove 2 clinical trials will evaluate rates of sustained viral response , or svr , in approximately 580 treatment-na efve patients infected with genotype 1 hcv , including patients who will receive telaprevir and patients in the control arms .\nsvr is defined as undetectable viral levels 24 weeks after all treatment has ceased .\na description of each of the clinical trial arms for the prove 1 and prove 2 clinical trials , including the intended number of patients in each trial , is set forth in the following table : the prove 1 and prove 2 clinical trials together have the following four key objectives : 2022 to evaluate the optimal svr rate that can be achieved with telaprevir therapy in combination with peg-ifn and rbv ; 2022 to evaluate the optimal treatment duration for telaprevir combination therapy ; 2022 to evaluate the role of rbv in telaprevir-based therapy ; and 2022 to evaluate the safety of telaprevir in combination with peg-ifn and rbv .\nin the prove 1 and prove 2 clinical trials , patients receive telaprevir in a tablet formulation at a dose of 750 mg every eight hours for 12 weeks .\nthe prove 1 clinical trial is double-blinded and placebo-controlled , and the prove 2 clinical trial is partially-blinded and placebo-controlled .\nin december 2006 , we announced results from a planned interim safety and antiviral activity analysis that was conducted and reviewed by the independent data monitoring committee overseeing the prove 1 clinical trial .\nas of the cut-off date of the interim analysis , a total of 250 patients had been enrolled in the prove 1 clinical trial and received at least one dose of telaprevir or placebo .\nin the data reported , the patients in all three telaprevir-containing arms ( approximately 175 patients ) were pooled together and the results were compared to the results in the control arm of peg-ifn and rbv and placebo ( approximately 75 patients ) .\nat the time of the data cut-off for the safety analysis , approximately 100 patients had completed 12 weeks on-study and more than 200 patients had completed eight weeks .\nthe most common adverse treatment regimen number of patients ( treatment na efve ) prove 1 number of patients ( treatment na efve ) prove 2 total .\n\nTable Data:\n[['treatment regimen', 'number of patients ( treatment na efve ) prove 1', 'number of patients ( treatment na efve ) prove 2', 'total'], ['12-week regimens of telaprevir in combination with peg-ifn and rbv', '20', '80', '100'], ['12-week regimens of telaprevir in combination with only peg-ifn', '0', '80', '80'], ['12-week regimens of telaprevir in combination with peg-ifn and rbv followed by 12 weeks of therapy with peg-ifn and rbv', '80', '80', '160'], ['12-week regimens of telaprevir in combination with peg-ifn and rbv followed by 36 weeks of therapy with peg-ifn and rbv', '80', '0', '80'], ['48-weeks of therapy with peg-ifn and rbv', '80', '80', '160'], ['total', '260', '320', '580']]\n\nFollowing Text:\n.\n\nQuestion: what was the percent of the total treatment regiment for prove1 for the 48-weeks of therapy with peg-ifn and rbv",
        "solution": "30.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2013/page_72.pdf\n\nID: AAPL/2013/page_72.pdf-1\n\nPrevious Text:\ntable of contents as of september 28 , 2013 .\nthe company 2019s share repurchase program does not obligate it to acquire any specific number of shares .\nunder the program , shares may be repurchased in privately negotiated and/or open market transactions , including under plans complying with rule 10b5-1 of the securities exchange act of 1934 , as amended ( the 201cexchange act 201d ) .\nin august 2012 , the company entered into an accelerated share repurchase arrangement ( 201casr 201d ) with a financial institution to purchase up to $ 1.95 billion of the company 2019s common stock in 2013 .\nin the first quarter of 2013 , 2.6 million shares were initially delivered to the company .\nin april 2013 , the purchase period for the asr ended and an additional 1.5 million shares were delivered to the company .\nin total , 4.1 million shares were delivered under the asr at an average repurchase price of $ 478.20 per share .\nthe shares were retired in the quarters they were delivered , and the up-front payment of $ 1.95 billion was accounted for as a reduction to shareholders 2019 equity in the company 2019s consolidated balance sheet in the first quarter of 2013 .\nin april 2013 , the company entered into a new asr program with two financial institutions to purchase up to $ 12 billion of the company 2019s common stock .\nin exchange for up-front payments totaling $ 12 billion , the financial institutions committed to deliver shares during the asr 2019s purchase periods , which will end during 2014 .\nthe total number of shares ultimately delivered , and therefore the average price paid per share , will be determined at the end of the applicable purchase period based on the volume weighted average price of the company 2019s stock during that period .\nduring the third quarter of 2013 , 23.5 million shares were initially delivered to the company and retired .\nthis does not represent the final number of shares to be delivered under the asr .\nthe up-front payments of $ 12 billion were accounted for as a reduction to shareholders 2019 equity in the company 2019s consolidated balance sheet .\nthe company reflected the asrs as a repurchase of common stock for purposes of calculating earnings per share and as forward contracts indexed to its own common stock .\nthe forward contracts met all of the applicable criteria for equity classification , and , therefore , were not accounted for as derivative instruments .\nduring 2013 , the company repurchased 19.4 million shares of its common stock in the open market at an average price of $ 464.11 per share for a total of $ 9.0 billion .\nthese shares were retired upon repurchase .\nnote 8 2013 comprehensive income comprehensive income consists of two components , net income and other comprehensive income .\nother comprehensive income refers to revenue , expenses , and gains and losses that under gaap are recorded as an element of shareholders 2019 equity but are excluded from net income .\nthe company 2019s other comprehensive income consists of foreign currency translation adjustments from those subsidiaries not using the u.s .\ndollar as their functional currency , net deferred gains and losses on certain derivative instruments accounted for as cash flow hedges , and unrealized gains and losses on marketable securities classified as available-for-sale .\nthe following table shows the components of aoci , net of taxes , as of september 28 , 2013 and september 29 , 2012 ( in millions ) : .\n\nTable Data:\n[['', '2013', '2012'], ['cumulative foreign currency translation', '$ -105 ( 105 )', '$ 8'], ['net unrecognized gains/losses on derivative instruments', '-175 ( 175 )', '-240 ( 240 )'], ['net unrealized gains/losses on marketable securities', '-191 ( 191 )', '731'], ['accumulated other comprehensive income/ ( loss )', '$ -471 ( 471 )', '$ 499']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in cumulative foreign currency translation during 2013?",
        "solution": "-113"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2012/page_24.pdf\n\nID: AAPL/2012/page_24.pdf-2\n\nPrevious Text:\ncompany stock performance the following graph shows a five-year comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 composite index , the s&p computer hardware index , and the dow jones u.s .\ntechnology index .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 composite index , the s&p computer hardware index , and the dow jones u.s .\ntechnology index as of the market close on september 30 , 2007 .\ndata points on the graph are annual .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\nsep-11sep-10sep-09sep-08sep-07 sep-12 apple inc .\ns&p 500 s&p computer hardware dow jones us technology comparison of 5 year cumulative total return* among apple inc. , the s&p 500 index , the s&p computer hardware index , and the dow jones us technology index *$ 100 invested on 9/30/07 in stock or index , including reinvestment of dividends .\nfiscal year ending september 30 .\ncopyright a9 2012 s&p , a division of the mcgraw-hill companies inc .\nall rights reserved .\nseptember 30 , september 30 , september 30 , september 30 , september 30 , september 30 .\n\nTable Data:\n[['', 'september 30 2007', 'september 30 2008', 'september 30 2009', 'september 30 2010', 'september 30 2011', 'september 30 2012'], ['apple inc .', '$ 100', '$ 74', '$ 121', '$ 185', '$ 248', '$ 437'], ['s&p 500', '$ 100', '$ 78', '$ 73', '$ 80', '$ 81', '$ 105'], ['s&p computer hardware', '$ 100', '$ 84', '$ 99', '$ 118', '$ 134', '$ 214'], ['dow jones us technology', '$ 100', '$ 76', '$ 85', '$ 95', '$ 98', '$ 127']]\n\nFollowing Text:\n.\n\nQuestion: what was the cumulative total return on the s&p 500 between september 30 2007 and september 30 2012?",
        "solution": "5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2009/page_206.pdf\n\nID: JPM/2009/page_206.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements jpmorgan chase & co./2009 annual report 204 on the amount of interest income recognized in the firm 2019s consolidated statements of income since that date .\n( b ) other changes in expected cash flows include the net impact of changes in esti- mated prepayments and reclassifications to the nonaccretable difference .\non a quarterly basis , the firm updates the amount of loan principal and interest cash flows expected to be collected , incorporating assumptions regarding default rates , loss severities , the amounts and timing of prepayments and other factors that are reflective of current market conditions .\nprobable decreases in expected loan principal cash flows trigger the recognition of impairment , which is then measured as the present value of the expected principal loss plus any related foregone interest cash flows discounted at the pool 2019s effective interest rate .\nimpairments that occur after the acquisition date are recognized through the provision and allow- ance for loan losses .\nprobable and significant increases in expected principal cash flows would first reverse any previously recorded allowance for loan losses ; any remaining increases are recognized prospectively as interest income .\nthe impacts of ( i ) prepayments , ( ii ) changes in variable interest rates , and ( iii ) any other changes in the timing of expected cash flows are recognized prospectively as adjustments to interest income .\ndisposals of loans , which may include sales of loans , receipt of payments in full by the borrower , or foreclosure , result in removal of the loan from the purchased credit-impaired portfolio .\nif the timing and/or amounts of expected cash flows on these purchased credit-impaired loans were determined not to be rea- sonably estimable , no interest would be accreted and the loans would be reported as nonperforming loans ; however , since the timing and amounts of expected cash flows for these purchased credit-impaired loans are reasonably estimable , interest is being accreted and the loans are being reported as performing loans .\ncharge-offs are not recorded on purchased credit-impaired loans until actual losses exceed the estimated losses that were recorded as purchase accounting adjustments at acquisition date .\nto date , no charge-offs have been recorded for these loans .\npurchased credit-impaired loans acquired in the washington mu- tual transaction are reported in loans on the firm 2019s consolidated balance sheets .\nin 2009 , an allowance for loan losses of $ 1.6 billion was recorded for the prime mortgage and option arm pools of loans .\nthe net aggregate carrying amount of the pools that have an allowance for loan losses was $ 47.2 billion at december 31 , 2009 .\nthis allowance for loan losses is reported as a reduction of the carrying amount of the loans in the table below .\nthe table below provides additional information about these pur- chased credit-impaired consumer loans. .\n\nTable Data:\n[['december 31 ( in millions )', '2009', '2008'], ['outstanding balance ( a )', '$ 103369', '$ 118180'], ['carrying amount', '79664', '88813']]\n\nFollowing Text:\n( a ) represents the sum of contractual principal , interest and fees earned at the reporting date .\npurchased credit-impaired loans are also being modified under the mha programs and the firm 2019s other loss mitigation programs .\nfor these loans , the impact of the modification is incorporated into the firm 2019s quarterly assessment of whether a probable and/or signifi- cant change in estimated future cash flows has occurred , and the loans continue to be accounted for as and reported as purchased credit-impaired loans .\nforeclosed property the firm acquires property from borrowers through loan restructur- ings , workouts , and foreclosures , which is recorded in other assets on the consolidated balance sheets .\nproperty acquired may include real property ( e.g. , land , buildings , and fixtures ) and commercial and personal property ( e.g. , aircraft , railcars , and ships ) .\nacquired property is valued at fair value less costs to sell at acquisition .\neach quarter the fair value of the acquired property is reviewed and adjusted , if necessary .\nany adjustments to fair value in the first 90 days are charged to the allowance for loan losses and thereafter adjustments are charged/credited to noninterest revenue 2013other .\noperating expense , such as real estate taxes and maintenance , are charged to other expense .\nnote 14 2013 allowance for credit losses the allowance for loan losses includes an asset-specific component , a formula-based component and a component related to purchased credit-impaired loans .\nthe asset-specific component relates to loans considered to be impaired , which includes any loans that have been modified in a troubled debt restructuring as well as risk-rated loans that have been placed on nonaccrual status .\nan asset-specific allowance for impaired loans is established when the loan 2019s discounted cash flows ( or , when available , the loan 2019s observable market price ) is lower than the recorded investment in the loan .\nto compute the asset-specific component of the allowance , larger loans are evaluated individually , while smaller loans are evaluated as pools using historical loss experience for the respective class of assets .\nrisk-rated loans ( primarily wholesale loans ) are pooled by risk rating , while scored loans ( i.e. , consumer loans ) are pooled by product type .\nthe firm generally measures the asset-specific allowance as the difference between the recorded investment in the loan and the present value of the cash flows expected to be collected , dis- counted at the loan 2019s original effective interest rate .\nsubsequent changes in measured impairment due to the impact of discounting are reported as an adjustment to the provision for loan losses , not as an adjustment to interest income .\nan asset-specific allowance for an impaired loan with an observable market price is measured as the difference between the recorded investment in the loan and the loan 2019s fair value .\ncertain impaired loans that are determined to be collateral- dependent are charged-off to the fair value of the collateral less costs to sell .\nwhen collateral-dependent commercial real-estate loans are determined to be impaired , updated appraisals are typi- cally obtained and updated every six to twelve months .\nthe firm also considers both borrower- and market-specific factors , which .\n\nQuestion: what was the firm's average sum of contractual principal , interest and fees in 2008 and 2009?",
        "solution": "$ 110774.5 million"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2007/page_81.pdf\n\nID: ZBH/2007/page_81.pdf-3\n\nPrevious Text:\nour tax returns are currently under examination in various foreign jurisdictions .\nthe major foreign tax jurisdictions under examination include germany , italy and switzerland .\nit is reasonably possible that such audits will be resolved in the next twelve months , but we do not anticipate that the resolution of these audits would result in any material impact on our results of operations or financial position .\n12 .\ncapital stock and earnings per share we have 2 million shares of series a participating cumulative preferred stock authorized for issuance , none of which were outstanding as of december 31 , 2007 .\nthe numerator for both basic and diluted earnings per share is net earnings available to common stockholders .\nthe denominator for basic earnings per share is the weighted average number of common shares outstanding during the period .\nthe denominator for diluted earnings per share is weighted average shares outstanding adjusted for the effect of dilutive stock options and other equity awards .\nthe following is a reconciliation of weighted average shares for the basic and diluted share computations for the years ending december 31 ( in millions ) : .\n\nTable Data:\n[['', '2007', '2006', '2005'], ['weighted average shares outstanding for basic net earnings per share', '235.5', '243.0', '247.1'], ['effect of dilutive stock options and other equity awards', '2.0', '2.4', '2.7'], ['weighted average shares outstanding for diluted net earnings per share', '237.5', '245.4', '249.8']]\n\nFollowing Text:\nweighted average shares outstanding for basic net earnings per share 235.5 243.0 247.1 effect of dilutive stock options and other equity awards 2.0 2.4 2.7 weighted average shares outstanding for diluted net earnings per share 237.5 245.4 249.8 for the year ended december 31 , 2007 , an average of 3.1 million options to purchase shares of common stock were not included in the computation of diluted earnings per share as the exercise prices of these options were greater than the average market price of the common stock .\nfor the years ended december 31 , 2006 and 2005 , an average of 7.6 million and 2.9 million options , respectively , were not included .\nin december 2005 , our board of directors authorized a stock repurchase program of up to $ 1 billion through december 31 , 2007 .\nin december 2006 , our board of directors authorized an additional stock repurchase program of up to $ 1 billion through december 31 , 2008 .\nas of december 31 , 2007 we had acquired approximately 19345200 shares at a cost of $ 1378.9 million , before commissions .\n13 .\nsegment data we design , develop , manufacture and market reconstructive orthopaedic implants , including joint and dental , spinal implants , trauma products and related orthopaedic surgical products which include surgical supplies and instruments designed to aid in orthopaedic surgical procedures and post-operation rehabilitation .\nwe also provide other healthcare related services .\nrevenue related to these services currently represents less than 1 percent of our total net sales .\nwe manage operations through three major geographic segments 2013 the americas , which is comprised principally of the united states and includes other north , central and south american markets ; europe , which is comprised principally of europe and includes the middle east and africa ; and asia pacific , which is comprised primarily of japan and includes other asian and pacific markets .\nthis structure is the basis for our reportable segment information discussed below .\nmanagement evaluates operating segment performance based upon segment operating profit exclusive of operating expenses pertaining to global operations and corporate expenses , share-based compensation expense , settlement , acquisition , integration and other expenses , inventory step-up , in-process research and development write- offs and intangible asset amortization expense .\nglobal operations include research , development engineering , medical education , brand management , corporate legal , finance , and human resource functions , and u.s .\nand puerto rico based manufacturing operations and logistics .\nintercompany transactions have been eliminated from segment operating profit .\nmanagement reviews accounts receivable , inventory , property , plant and equipment , goodwill and intangible assets by reportable segment exclusive of u.s and puerto rico based manufacturing operations and logistics and corporate assets .\nz i m m e r h o l d i n g s , i n c .\n2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .\n\nQuestion: what is the change in weighted average shares outstanding for diluted net earnings per share between 2005 and 2006 , in millions?",
        "solution": "-4.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2004/page_23.pdf\n\nID: PKG/2004/page_23.pdf-4\n\nPrevious Text:\nother expense , net , decreased $ 6.2 million , or 50.0% ( 50.0 % ) , for the year ended december 31 , 2004 compared to the year ended december 31 , 2003 .\nthe decrease was primarily due to a reduction in charges on disposal and transfer costs of fixed assets and facility closure costs of $ 3.3 million , reduced legal charges of $ 1.5 million , and a reduction in expenses of $ 1.4 million consisting of individually insignificant items .\ninterest expense and income taxes interest expense decreased in 2004 by $ 92.2 million , or 75.7% ( 75.7 % ) , from 2003 .\nthis decrease included $ 73.3 million of expenses related to the company 2019s debt refinancing , which was completed in july 2003 .\nthe $ 73.3 million of expenses consisted of $ 55.9 million paid in premiums for the tender of the 95 20448% ( 20448 % ) senior subordinated notes , and a $ 17.4 million non-cash charge for the write-off of deferred financing fees related to the 95 20448% ( 20448 % ) notes and pca 2019s original revolving credit facility .\nexcluding the $ 73.3 million charge , interest expense was $ 18.9 million lower than in 2003 as a result of lower interest rates attributable to the company 2019s july 2003 refinancing and lower debt levels .\npca 2019s effective tax rate was 38.0% ( 38.0 % ) for the year ended december 31 , 2004 and 42.3% ( 42.3 % ) for the year ended december 31 , 2003 .\nthe higher tax rate in 2003 is due to stable permanent items over lower book income ( loss ) .\nfor both years 2004 and 2003 tax rates are higher than the federal statutory rate of 35.0% ( 35.0 % ) due to state income taxes .\nyear ended december 31 , 2003 compared to year ended december 31 , 2002 the historical results of operations of pca for the years ended december 31 , 2003 and 2002 are set forth below : for the year ended december 31 , ( in millions ) 2003 2002 change .\n\nTable Data:\n[['( in millions )', '2003', '2002', 'change'], ['net sales', '$ 1735.5', '$ 1735.9', '$ -0.4 ( 0.4 )'], ['income before interest and taxes', '$ 96.9', '$ 145.3', '$ -48.4 ( 48.4 )'], ['interest expense net', '-121.8 ( 121.8 )', '-67.7 ( 67.7 )', '-54.1 ( 54.1 )'], ['income ( loss ) before taxes', '-24.9 ( 24.9 )', '77.6', '-102.5 ( 102.5 )'], ['( provision ) benefit for income taxes', '10.5', '-29.4 ( 29.4 )', '39.9'], ['net income ( loss )', '$ -14.4 ( 14.4 )', '$ 48.2', '$ -62.6 ( 62.6 )']]\n\nFollowing Text:\nnet sales net sales decreased by $ 0.4 million , or 0.0% ( 0.0 % ) , for the year ended december 31 , 2003 from the year ended december 31 , 2002 .\nnet sales increased due to improved sales volumes compared to 2002 , however , this increase was entirely offset by lower sales prices .\ntotal corrugated products volume sold increased 2.1% ( 2.1 % ) to 28.1 billion square feet in 2003 compared to 27.5 billion square feet in 2002 .\non a comparable shipment-per-workday basis , corrugated products sales volume increased 1.7% ( 1.7 % ) in 2003 from 2002 .\nshipments-per-workday is calculated by dividing our total corrugated products volume during the year by the number of workdays within the year .\nthe lower percentage increase was due to the fact that 2003 had one more workday ( 252 days ) , those days not falling on a weekend or holiday , than 2002 ( 251 days ) .\ncontainerboard sales volume to external domestic and export customers decreased 6.7% ( 6.7 % ) to 445000 tons for the year ended december 31 , 2003 from 477000 tons in the comparable period of 2002 .\nincome before interest and taxes income before interest and taxes decreased by $ 48.4 million , or 33.3% ( 33.3 % ) , for the year ended december 31 , 2003 compared to 2002 .\nincluded in income before interest and taxes for the twelve months .\n\nQuestion: what was the operating margin for 2002?",
        "solution": "8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2009/page_120.pdf\n\nID: MA/2009/page_120.pdf-2\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) upon termination of employment , excluding retirement , all of a participant 2019s unvested awards are forfeited .\nhowever , when a participant terminates employment due to retirement , the participant generally retains all of their awards without providing additional service to the company .\neligible retirement is dependent upon age and years of service , as follows : age 55 with ten years of service , age 60 with five years of service and age 65 with two years of service .\ncompensation expense is recognized over the shorter of the vesting periods stated in the ltip , or the date the individual becomes eligible to retire .\nthere are 11550 shares of class a common stock reserved for equity awards under the ltip .\nalthough the ltip permits the issuance of shares of class b common stock , no such shares have been reserved for issuance .\nshares issued as a result of option exercises and the conversions of rsus are expected to be funded with the issuance of new shares of class a common stock .\nstock options the fair value of each option is estimated on the date of grant using a black-scholes option pricing model .\nthe following table presents the weighted-average assumptions used in the valuation and the resulting weighted- average fair value per option granted for the years ended december 31: .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['risk-free rate of return', '2.5% ( 2.5 % )', '3.2% ( 3.2 % )', '4.4% ( 4.4 % )'], ['expected term ( in years )', '6.17', '6.25', '6.25'], ['expected volatility', '41.7% ( 41.7 % )', '37.9% ( 37.9 % )', '30.9% ( 30.9 % )'], ['expected dividend yield', '0.4% ( 0.4 % )', '0.3% ( 0.3 % )', '0.6% ( 0.6 % )'], ['weighted-average fair value per option granted', '$ 71.03', '$ 78.54', '$ 41.03']]\n\nFollowing Text:\nthe risk-free rate of return was based on the u.s .\ntreasury yield curve in effect on the date of grant .\nthe company utilizes the simplified method for calculating the expected term of the option based on the vesting terms and the contractual life of the option .\nthe expected volatility for options granted during 2009 was based on the average of the implied volatility of mastercard and a blend of the historical volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard .\nthe expected volatility for options granted during 2008 was based on the average of the implied volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard .\nas the company did not have sufficient publicly traded stock data historically , the expected volatility for options granted during 2007 was primarily based on the average of the historical and implied volatility of a group of companies that management believed was generally comparable to mastercard .\nthe expected dividend yields were based on the company 2019s expected annual dividend rate on the date of grant. .\n\nQuestion: what was the percent of the increase in the weighted-average fair value per option granted from 2007 to 2008",
        "solution": "91.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2017/page_205.pdf\n\nID: C/2017/page_205.pdf-1\n\nPrevious Text:\n12 .\nbrokerage receivables and brokerage payables citi has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business .\nciti is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices .\ncredit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question .\nciti seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines .\nmargin levels are monitored daily , and customers deposit additional collateral as required .\nwhere customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level .\nexposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi .\ncredit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive .\nbrokerage receivables and brokerage payables consisted of the following: .\n\nTable Data:\n[['in millions of dollars', 'december 31 , 2017', 'december 31 , 2016'], ['receivables from customers', '$ 19215', '$ 10374'], ['receivables from brokers dealers and clearing organizations', '19169', '18513'], ['total brokerage receivables ( 1 )', '$ 38384', '$ 28887'], ['payables to customers', '$ 38741', '$ 37237'], ['payables to brokers dealers and clearing organizations', '22601', '19915'], ['total brokerage payables ( 1 )', '$ 61342', '$ 57152']]\n\nFollowing Text:\npayables to brokers , dealers and clearing organizations 22601 19915 total brokerage payables ( 1 ) $ 61342 $ 57152 ( 1 ) includes brokerage receivables and payables recorded by citi broker- dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .\n\nQuestion: as of december 31 2017 what is the ratio of receivables from brokers dealers and clearing organizations to payables to brokers dealers and clearing organizations?",
        "solution": ".85"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_129.pdf\n\nID: GS/2012/page_129.pdf-4\n\nPrevious Text:\nnotes to consolidated financial statements investments in funds that calculate net asset value per share cash instruments at fair value include investments in funds that are valued based on the net asset value per share ( nav ) of the investment fund .\nthe firm uses nav as its measure of fair value for fund investments when ( i ) the fund investment does not have a readily determinable fair value and ( ii ) the nav of the investment fund is calculated in a manner consistent with the measurement principles of investment company accounting , including measurement of the underlying investments at fair value .\nthe firm 2019s investments in funds that calculate nav primarily consist of investments in firm-sponsored funds where the firm co-invests with third-party investors .\nthe private equity , credit and real estate funds are primarily closed-end funds in which the firm 2019s investments are not eligible for redemption .\ndistributions will be received from these funds as the underlying assets are liquidated and it is estimated that substantially all of the underlying assets of existing funds will be liquidated over the next seven years .\nthe firm continues to manage its existing funds taking into account the transition periods under the volcker rule of the u.s .\ndodd-frank wall street reform and consumer protection act ( dodd-frank act ) , although the rules have not yet been finalized .\nthe firm 2019s investments in hedge funds are generally redeemable on a quarterly basis with 91 days 2019 notice , subject to a maximum redemption level of 25% ( 25 % ) of the firm 2019s initial investments at any quarter-end .\nthe firm currently plans to comply with the volcker rule by redeeming certain of its interests in hedge funds .\nthe firm redeemed approximately $ 1.06 billion of these interests in hedge funds during the year ended december 2012 .\nthe table below presents the fair value of the firm 2019s investments in , and unfunded commitments to , funds that calculate nav. .\n\nTable Data:\n[['in millions', 'as of december 2012 fair value of investments', 'as of december 2012 unfunded commitments', 'as of december 2012 fair value of investments', 'unfunded commitments'], ['private equity funds1', '$ 7680', '$ 2778', '$ 8074', '$ 3514'], ['credit funds2', '3927', '2843', '3596', '3568'], ['hedge funds3', '2167', '2014', '3165', '2014'], ['real estatefunds4', '2006', '870', '1531', '1613'], ['total', '$ 15780', '$ 6491', '$ 16366', '$ 8695']]\n\nFollowing Text:\n1 .\nthese funds primarily invest in a broad range of industries worldwide in a variety of situations , including leveraged buyouts , recapitalizations and growth investments .\n2 .\nthese funds generally invest in loans and other fixed income instruments and are focused on providing private high-yield capital for mid- to large-sized leveraged and management buyout transactions , recapitalizations , financings , refinancings , acquisitions and restructurings for private equity firms , private family companies and corporate issuers .\n3 .\nthese funds are primarily multi-disciplinary hedge funds that employ a fundamental bottom-up investment approach across various asset classes and strategies including long/short equity , credit , convertibles , risk arbitrage , special situations and capital structure arbitrage .\n4 .\nthese funds invest globally , primarily in real estate companies , loan portfolios , debt recapitalizations and direct property .\ngoldman sachs 2012 annual report 127 .\n\nQuestion: the firm redeemed approximately $ 1.06 billion of these interests in hedge funds during the year ended december 2012 . what percentage was this of the remaining funds at 12/31/21?",
        "solution": "48.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2008/page_70.pdf\n\nID: MRO/2008/page_70.pdf-4\n\nPrevious Text:\nour refining and wholesale marketing gross margin is the difference between the prices of refined products sold and the costs of crude oil and other charge and blendstocks refined , including the costs to transport these inputs to our refineries , the costs of purchased products and manufacturing expenses , including depreciation .\nthe crack spread is a measure of the difference between market prices for refined products and crude oil , commonly used by the industry as an indicator of the impact of price on the refining margin .\ncrack spreads can fluctuate significantly , particularly when prices of refined products do not move in the same relationship as the cost of crude oil .\nas a performance benchmark and a comparison with other industry participants , we calculate midwest ( chicago ) and u.s .\ngulf coast crack spreads that we feel most closely track our operations and slate of products .\nposted light louisiana sweet ( 201clls 201d ) prices and a 6-3-2-1 ratio of products ( 6 barrels of crude oil producing 3 barrels of gasoline , 2 barrels of distillate and 1 barrel of residual fuel ) are used for the crack spread calculation .\nthe following table lists calculated average crack spreads by quarter for the midwest ( chicago ) and gulf coast markets in 2008 .\ncrack spreads ( dollars per barrel ) 1st qtr 2nd qtr 3rd qtr 4th qtr 2008 .\n\nTable Data:\n[['crack spreads ( dollars per barrel )', '1st qtr', '2nd qtr', '3rd qtr', '4th qtr', '2008'], ['chicago lls 6-3-2-1', '$ 0.07', '$ 2.71', '$ 7.81', '$ 2.31', '$ 3.27'], ['us gulf coast lls 6-3-2-1', '$ 1.39', '$ 1.99', '$ 6.32', '( $ 0.01 )', '$ 2.45']]\n\nFollowing Text:\nin addition to the market changes indicated by the crack spreads , our refining and wholesale marketing gross margin is impacted by factors such as the types of crude oil and other charge and blendstocks processed , the selling prices realized for refined products , the impact of commodity derivative instruments used to mitigate price risk and the cost of purchased products for resale .\nwe process significant amounts of sour crude oil which can enhance our profitability compared to certain of our competitors , as sour crude oil typically can be purchased at a discount to sweet crude oil .\nfinally , our refining and wholesale marketing gross margin is impacted by changes in manufacturing costs , which are primarily driven by the level of maintenance activities at the refineries and the price of purchased natural gas used for plant fuel .\nour 2008 refining and wholesale marketing gross margin was the key driver of the 43 percent decrease in rm&t segment income when compared to 2007 .\nour average refining and wholesale marketing gross margin per gallon decreased 37 percent , to 11.66 cents in 2008 from 18.48 cents in 2007 , primarily due to the significant and rapid increases in crude oil prices early in 2008 and lagging wholesale price realizations .\nour retail marketing gross margin for gasoline and distillates , which is the difference between the ultimate price paid by consumers and the cost of refined products , including secondary transportation and consumer excise taxes , also impacts rm&t segment profitability .\nwhile on average demand has been increasing for several years , there are numerous factors including local competition , seasonal demand fluctuations , the available wholesale supply , the level of economic activity in our marketing areas and weather conditions that impact gasoline and distillate demand throughout the year .\nin 2008 , demand began to drop due to the combination of significant increases in retail petroleum prices and a broad slowdown in general activity .\nthe gross margin on merchandise sold at retail outlets has historically been more constant .\nthe profitability of our pipeline transportation operations is primarily dependent on the volumes shipped through our crude oil and refined products pipelines .\nthe volume of crude oil that we transport is directly affected by the supply of , and refiner demand for , crude oil in the markets served directly by our crude oil pipelines .\nkey factors in this supply and demand balance are the production levels of crude oil by producers , the availability and cost of alternative modes of transportation , and refinery and transportation system maintenance levels .\nthe volume of refined products that we transport is directly affected by the production levels of , and user demand for , refined products in the markets served by our refined product pipelines .\nin most of our markets , demand for gasoline peaks during the summer and declines during the fall and winter months , whereas distillate demand is more ratable throughout the year .\nas with crude oil , other transportation alternatives and system maintenance levels influence refined product movements .\nintegrated gas our integrated gas strategy is to link stranded natural gas resources with areas where a supply gap is emerging due to declining production and growing demand .\nour integrated gas operations include marketing and transportation of products manufactured from natural gas , such as lng and methanol , primarily in the u.s. , europe and west africa .\nour most significant lng investment is our 60 percent ownership in a production facility in equatorial guinea , which sells lng under a long-term contract at prices tied to henry hub natural gas prices .\nin 2008 , its .\n\nQuestion: how much higher was the u.s gulf coast crack spread than the chicago crack spread in the first quarter of 2008?",
        "solution": "$ 1.32"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2014/page_90.pdf\n\nID: EW/2014/page_90.pdf-2\n\nPrevious Text:\nedwards lifesciences corporation notes to consolidated financial statements ( continued ) 13 .\ncommon stock ( continued ) the company also maintains the nonemployee directors stock incentive compensation program ( the 2018 2018nonemployee directors program 2019 2019 ) .\nunder the nonemployee directors program , each nonemployee director may receive annually up to 20000 stock options or 8000 restricted stock units of the company 2019s common stock , or a combination thereof , provided that in no event may the total value of the combined annual award exceed $ 0.2 million .\neach option and restricted stock unit award granted in 2011 or prior generally vests in three equal annual installments .\neach option and restricted stock unit award granted after 2011 generally vests after one year .\nadditionally , each nonemployee director may elect to receive all or a portion of the annual cash retainer to which the director is otherwise entitled through the issuance of stock options or restricted shares .\neach option received as a deferral of the cash retainer immediately vests on the grant date , and each restricted share award vests after one year .\nupon a director 2019s initial election to the board , the director receives an initial grant of stock options equal to a fair market value on grant date of $ 0.2 million , not to exceed 10000 shares .\nthese grants vest over three years from the date of grant .\nunder the nonemployee directors program , an aggregate of 1.4 million shares of the company 2019s common stock has been authorized for issuance .\nthe company has an employee stock purchase plan for united states employees and a plan for international employees ( collectively 2018 2018espp 2019 2019 ) .\nunder the espp , eligible employees may purchase shares of the company 2019s common stock at 85% ( 85 % ) of the lower of the fair market value of edwards lifesciences common stock on the effective date of subscription or the date of purchase .\nunder the espp , employees can authorize the company to withhold up to 12% ( 12 % ) of their compensation for common stock purchases , subject to certain limitations .\nthe espp is available to all active employees of the company paid from the united states payroll and to eligible employees of the company outside the united states , to the extent permitted by local law .\nthe espp for united states employees is qualified under section 423 of the internal revenue code .\nthe number of shares of common stock authorized for issuance under the espp was 6.9 million shares .\nthe fair value of each option award and employee stock purchase subscription is estimated on the date of grant using the black-scholes option valuation model that uses the assumptions noted in the following tables .\nthe risk-free interest rate is estimated using the u.s .\ntreasury yield curve and is based on the expected term of the award .\nexpected volatility is estimated based on a blend of the weighted-average of the historical volatility of edwards lifesciences 2019 stock and the implied volatility from traded options on edwards lifesciences 2019 stock .\nthe expected term of awards granted is estimated from the vesting period of the award , as well as historical exercise behavior , and represents the period of time that awards granted are expected to be outstanding .\nthe company uses historical data to estimate forfeitures and has estimated an annual forfeiture rate of 5.4% ( 5.4 % ) .\nthe black-scholes option pricing model was used with the following weighted-average assumptions for options granted during the following periods : option awards .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['average risk-free interest rate', '1.5% ( 1.5 % )', '0.8% ( 0.8 % )', '0.7% ( 0.7 % )'], ['expected dividend yield', 'none', 'none', 'none'], ['expected volatility', '31% ( 31 % )', '31% ( 31 % )', '31% ( 31 % )'], ['expected life ( years )', '4.6', '4.6', '4.6'], ['fair value per share', '$ 23.50', '$ 19.47', '$ 23.93']]\n\nFollowing Text:\n.\n\nQuestion: what is the expected change according to the model in the fair value per share between 2012 and 2013?",
        "solution": "-4.46"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2011/page_112.pdf\n\nID: ADBE/2011/page_112.pdf-4\n\nPrevious Text:\nthe following table sets forth the components of foreign currency translation adjustments for fiscal 2011 , 2010 and 2009 ( in thousands ) : beginning balance foreign currency translation adjustments income tax effect relating to translation adjustments for undistributed foreign earnings ending balance $ 7632 ( 2208 ) $ 10580 $ 10640 ( 4144 ) $ 7632 $ ( 431 ) 17343 ( 6272 ) $ 10640 stock repurchase program to facilitate our stock repurchase program , designed to return value to our stockholders and minimize dilution from stock issuances , we repurchase shares in the open market and also enter into structured repurchase agreements with third-parties .\nauthorization to repurchase shares to cover on-going dilution was not subject to expiration .\nhowever , this repurchase program was limited to covering net dilution from stock issuances and was subject to business conditions and cash flow requirements as determined by our board of directors from time to time .\nduring the third quarter of fiscal 2010 , our board of directors approved an amendment to our stock repurchase program authorized in april 2007 from a non-expiring share-based authority to a time-constrained dollar-based authority .\nas part of this amendment , the board of directors granted authority to repurchase up to $ 1.6 billion in common stock through the end of fiscal 2012 .\nthis amended program did not affect the $ 250.0 million structured stock repurchase agreement entered into during march 2010 .\nas of december 3 , 2010 , no prepayments remain under that agreement .\nduring fiscal 2011 , 2010 and 2009 , we entered into several structured repurchase agreements with large financial institutions , whereupon we provided the financial institutions with prepayments totaling $ 695.0 million , $ 850.0 million and $ 350.0 million , respectively .\nof the $ 850.0 million of prepayments during fiscal 2010 , $ 250.0 million was under the stock repurchase program prior to the program amendment and the remaining $ 600.0 million was under the amended $ 1.6 billion time-constrained dollar- based authority .\nwe enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the volume weighted average price ( 201cvwap 201d ) of our common stock over a specified period of time .\nwe only enter into such transactions when the discount that we receive is higher than the foregone return on our cash prepayments to the financial institutions .\nthere were no explicit commissions or fees on these structured repurchases .\nunder the terms of the agreements , there is no requirement for the financial institutions to return any portion of the prepayment to us .\nthe financial institutions agree to deliver shares to us at monthly intervals during the contract term .\nthe parameters used to calculate the number of shares deliverable are : the total notional amount of the contract , the number of trading days in the contract , the number of trading days in the interval and the average vwap of our stock during the interval less the agreed upon discount .\nduring fiscal 2011 , we repurchased approximately 21.8 million shares at an average price of $ 31.81 through structured repurchase agreements entered into during fiscal 2011 .\nduring fiscal 2010 , we repurchased approximately 31.2 million shares at an average price of $ 29.19 through structured repurchase agreements entered into during fiscal 2009 and fiscal 2010 .\nduring fiscal 2009 , we repurchased approximately 15.2 million shares at an average price per share of $ 27.89 through structured repurchase agreements entered into during fiscal 2008 and fiscal 2009 .\nfor fiscal 2011 , 2010 and 2009 , the prepayments were classified as treasury stock on our consolidated balance sheets at the payment date , though only shares physically delivered to us by december 2 , 2011 , december 3 , 2010 and november 27 , 2009 were excluded from the computation of earnings per share .\nas of december 2 , 2011 and december 3 , 2010 , no prepayments remained under these agreements .\nas of november 27 , 2009 , approximately $ 59.9 million of prepayments remained under these agreements .\nsubsequent to december 2 , 2011 , as part of our $ 1.6 billion stock repurchase program , we entered into a structured stock repurchase agreement with a large financial institution whereupon we provided them with a prepayment of $ 80.0 million .\nthis amount will be classified as treasury stock on our consolidated balance sheets .\nupon completion of the $ 80.0 million stock table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) jarcamo typewritten text .\n\nTable Data:\n[['', '2011', '2010', '2009'], ['beginning balance', '$ 7632', '$ 10640', '$ -431 ( 431 )'], ['foreign currency translation adjustments', '5156', '-4144 ( 4144 )', '17343'], ['income tax effect relating to translation adjustments forundistributed foreign earnings', '-2208 ( 2208 )', '1136', '-6272 ( 6272 )'], ['ending balance', '$ 10580', '$ 7632', '$ 10640']]\n\nFollowing Text:\nthe following table sets forth the components of foreign currency translation adjustments for fiscal 2011 , 2010 and 2009 ( in thousands ) : beginning balance foreign currency translation adjustments income tax effect relating to translation adjustments for undistributed foreign earnings ending balance $ 7632 ( 2208 ) $ 10580 $ 10640 ( 4144 ) $ 7632 $ ( 431 ) 17343 ( 6272 ) $ 10640 stock repurchase program to facilitate our stock repurchase program , designed to return value to our stockholders and minimize dilution from stock issuances , we repurchase shares in the open market and also enter into structured repurchase agreements with third-parties .\nauthorization to repurchase shares to cover on-going dilution was not subject to expiration .\nhowever , this repurchase program was limited to covering net dilution from stock issuances and was subject to business conditions and cash flow requirements as determined by our board of directors from time to time .\nduring the third quarter of fiscal 2010 , our board of directors approved an amendment to our stock repurchase program authorized in april 2007 from a non-expiring share-based authority to a time-constrained dollar-based authority .\nas part of this amendment , the board of directors granted authority to repurchase up to $ 1.6 billion in common stock through the end of fiscal 2012 .\nthis amended program did not affect the $ 250.0 million structured stock repurchase agreement entered into during march 2010 .\nas of december 3 , 2010 , no prepayments remain under that agreement .\nduring fiscal 2011 , 2010 and 2009 , we entered into several structured repurchase agreements with large financial institutions , whereupon we provided the financial institutions with prepayments totaling $ 695.0 million , $ 850.0 million and $ 350.0 million , respectively .\nof the $ 850.0 million of prepayments during fiscal 2010 , $ 250.0 million was under the stock repurchase program prior to the program amendment and the remaining $ 600.0 million was under the amended $ 1.6 billion time-constrained dollar- based authority .\nwe enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the volume weighted average price ( 201cvwap 201d ) of our common stock over a specified period of time .\nwe only enter into such transactions when the discount that we receive is higher than the foregone return on our cash prepayments to the financial institutions .\nthere were no explicit commissions or fees on these structured repurchases .\nunder the terms of the agreements , there is no requirement for the financial institutions to return any portion of the prepayment to us .\nthe financial institutions agree to deliver shares to us at monthly intervals during the contract term .\nthe parameters used to calculate the number of shares deliverable are : the total notional amount of the contract , the number of trading days in the contract , the number of trading days in the interval and the average vwap of our stock during the interval less the agreed upon discount .\nduring fiscal 2011 , we repurchased approximately 21.8 million shares at an average price of $ 31.81 through structured repurchase agreements entered into during fiscal 2011 .\nduring fiscal 2010 , we repurchased approximately 31.2 million shares at an average price of $ 29.19 through structured repurchase agreements entered into during fiscal 2009 and fiscal 2010 .\nduring fiscal 2009 , we repurchased approximately 15.2 million shares at an average price per share of $ 27.89 through structured repurchase agreements entered into during fiscal 2008 and fiscal 2009 .\nfor fiscal 2011 , 2010 and 2009 , the prepayments were classified as treasury stock on our consolidated balance sheets at the payment date , though only shares physically delivered to us by december 2 , 2011 , december 3 , 2010 and november 27 , 2009 were excluded from the computation of earnings per share .\nas of december 2 , 2011 and december 3 , 2010 , no prepayments remained under these agreements .\nas of november 27 , 2009 , approximately $ 59.9 million of prepayments remained under these agreements .\nsubsequent to december 2 , 2011 , as part of our $ 1.6 billion stock repurchase program , we entered into a structured stock repurchase agreement with a large financial institution whereupon we provided them with a prepayment of $ 80.0 million .\nthis amount will be classified as treasury stock on our consolidated balance sheets .\nupon completion of the $ 80.0 million stock table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) jarcamo typewritten text .\n\nQuestion: for the $ 1.6 billion stock repurchase program , what percentage was the structured stock repurchase agreement with a large financial institution?",
        "solution": "5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2009/page_59.pdf\n\nID: ADI/2009/page_59.pdf-1\n\nPrevious Text:\nintangible assets are amortized on a straight-line basis over their estimated useful lives or on an accelerated method of amortization that is expected to reflect the estimated pattern of economic use .\nthe remaining amortization expense will be recognized over a weighted-average period of approximately 0.9 years .\namortization expense from continuing operations , related to intangibles was $ 7.4 million , $ 9.3 million and $ 9.2 million in fiscal 2009 , 2008 and 2007 , respectively .\nthe company expects annual amortization expense for these intangible assets to be: .\n\nTable Data:\n[['fiscal years', 'amortization expense'], ['2010', '$ 5425'], ['2011', '$ 1430']]\n\nFollowing Text:\ng .\ngrant accounting certain of the company 2019s foreign subsidiaries have received various grants from governmental agencies .\nthese grants include capital , employment and research and development grants .\ncapital grants for the acquisition of property and equipment are netted against the related capital expenditures and amortized as a credit to depreciation expense over the useful life of the related asset .\nemployment grants , which relate to employee hiring and training , and research and development grants are recognized in earnings in the period in which the related expenditures are incurred by the company .\nh .\ntranslation of foreign currencies the functional currency for the company 2019s foreign sales and research and development operations is the applicable local currency .\ngains and losses resulting from translation of these foreign currencies into u.s .\ndollars are recorded in accumulated other comprehensive ( loss ) income .\ntransaction gains and losses and remeasurement of foreign currency denominated assets and liabilities are included in income currently , including those at the company 2019s principal foreign manufacturing operations where the functional currency is the u.s .\ndollar .\nforeign currency transaction gains or losses included in other expenses , net , were not material in fiscal 2009 , 2008 or 2007 .\ni .\nderivative instruments and hedging agreements foreign exchange exposure management 2014 the company enters into forward foreign currency exchange contracts to offset certain operational and balance sheet exposures from the impact of changes in foreign currency exchange rates .\nsuch exposures result from the portion of the company 2019s operations , assets and liabilities that are denominated in currencies other than the u.s .\ndollar , primarily the euro ; other exposures include the philippine peso and the british pound .\nthese foreign currency exchange contracts are entered into to support transactions made in the normal course of business , and accordingly , are not speculative in nature .\nthe contracts are for periods consistent with the terms of the underlying transactions , generally one year or less .\nhedges related to anticipated transactions are designated and documented at the inception of the respective hedges as cash flow hedges and are evaluated for effectiveness monthly .\nderivative instruments are employed to eliminate or minimize certain foreign currency exposures that can be confidently identified and quantified .\nas the terms of the contract and the underlying transaction are matched at inception , forward contract effectiveness is calculated by comparing the change in fair value of the contract to the change in the forward value of the anticipated transaction , with the effective portion of the gain or loss on the derivative instrument reported as a component of accumulated other comprehensive ( loss ) income ( oci ) in shareholders 2019 equity and reclassified into earnings in the same period during which the hedged transaction affects earnings .\nany residual change in fair value of the instruments , or ineffectiveness , is recognized immediately in other income/expense .\nadditionally , the company enters into forward foreign currency contracts that economically hedge the gains and losses generated by the remeasurement of certain recorded assets and liabilities in a non-functional currency .\nchanges in the fair value of these undesignated hedges are recognized in other income/expense immediately as an offset to the changes in the fair value of the asset or liability being hedged .\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the growth rate in amortization expense in 2009?",
        "solution": "-20.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2017/page_95.pdf\n\nID: ECL/2017/page_95.pdf-4\n\nPrevious Text:\nthe company 2019s 2017 reported tax rate includes $ 160.9 million of net tax benefits associated with the tax act , $ 6.2 million of net tax benefits on special gains and charges , and net tax benefits of $ 25.3 million associated with discrete tax items .\nin connection with the company 2019s initial analysis of the impact of the tax act , as noted above , a provisional net discrete tax benefit of $ 160.9 million was recorded in the period ended december 31 , 2017 , which includes $ 321.0 million tax benefit for recording deferred tax assets and liabilities at the u.s .\nenacted tax rate , and a net expense for the one-time transition tax of $ 160.1 million .\nwhile the company was able to make an estimate of the impact of the reduction in the u.s .\nrate on deferred tax assets and liabilities and the one-time transition tax , it may be affected by other analyses related to the tax act , as indicated above .\nspecial ( gains ) and charges represent the tax impact of special ( gains ) and charges , as well as additional tax benefits utilized in anticipation of u.s .\ntax reform of $ 7.8 million .\nduring 2017 , the company recorded a discrete tax benefit of $ 39.7 million related to excess tax benefits , resulting from the adoption of accounting changes regarding the treatment of tax benefits on share-based compensation .\nthe extent of excess tax benefits is subject to variation in stock price and stock option exercises .\nin addition , the company recorded net discrete expenses of $ 14.4 million related to recognizing adjustments from filing the 2016 u.s .\nfederal income tax return and international adjustments due to changes in estimates , partially offset by the release of reserves for uncertain tax positions due to the expiration of statute of limitations in state tax matters .\nduring 2016 , the company recognized net expense related to discrete tax items of $ 3.9 million .\nthe net expenses were driven primarily by recognizing adjustments from filing the company 2019s 2015 u.s .\nfederal income tax return , partially offset by settlement of international tax matters and remeasurement of certain deferred tax assets and liabilities resulting from the application of updated tax rates in international jurisdictions .\nnet expense was also impacted by adjustments to deferred tax asset and liability positions and the release of reserves for uncertain tax positions due to the expiration of statute of limitations in non-u.s .\njurisdictions .\nduring 2015 , the company recognized net benefits related to discrete tax items of $ 63.3 million .\nthe net benefits were driven primarily by the release of $ 20.6 million of valuation allowances , based on the realizability of foreign deferred tax assets and the ability to recognize a worthless stock deduction of $ 39.0 million for the tax basis in a wholly-owned domestic subsidiary .\na reconciliation of the beginning and ending amount of gross liability for unrecognized tax benefits is as follows: .\n\nTable Data:\n[['( millions )', '2017', '2016', '2015'], ['balance at beginning of year', '$ 75.9', '$ 74.6', '$ 78.7'], ['additions based on tax positions related to the current year', '3.2', '8.8', '5.8'], ['additions for tax positions of prior years', '-', '2.1', '0.9'], ['reductions for tax positions of prior years', '-4.9 ( 4.9 )', '-1.0 ( 1.0 )', '-8.8 ( 8.8 )'], ['reductions for tax positions due to statute of limitations', '-14.0 ( 14.0 )', '-5.5 ( 5.5 )', '-1.6 ( 1.6 )'], ['settlements', '-10.8 ( 10.8 )', '-2.0 ( 2.0 )', '-4.2 ( 4.2 )'], ['assumed in connection with acquisitions', '10.0', '-', '8.0'], ['foreign currency translation', '2.1', '-1.1 ( 1.1 )', '-4.2 ( 4.2 )'], ['balance at end of year', '$ 61.5', '$ 75.9', '$ 74.6']]\n\nFollowing Text:\nthe total amount of unrecognized tax benefits , if recognized would have affected the effective tax rate by $ 47.1 million as of december 31 , 2017 , $ 57.5 million as of december 31 , 2016 and $ 59.2 million as of december 31 , 2015 .\nthe company recognizes interest and penalties related to unrecognized tax benefits in its provision for income taxes .\nduring 2017 , 2016 and 2015 the company released $ 0.9 million , $ 2.9 million and $ 1.4 million related to interest and penalties , respectively .\nthe company had $ 9.3 million , $ 10.2 million and $ 13.1 million of accrued interest , including minor amounts for penalties , at december 31 , 2017 , 2016 , and 2015 , respectively. .\n\nQuestion: what is the percentage change in the balance of gross liability for unrecognized tax benefits from 2016 to 2017?",
        "solution": "-19.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2007/page_30.pdf\n\nID: IP/2007/page_30.pdf-2\n\nPrevious Text:\ncustomer demand .\nthis compared with 555000 tons of total downtime in 2006 of which 150000 tons related to lack-of-orders .\nprinting papers in millions 2007 2006 2005 .\n\nTable Data:\n[['in millions', '2007', '2006', '2005'], ['sales', '$ 6530', '$ 6700', '$ 6980'], ['operating profit', '$ 1101', '$ 636', '$ 434']]\n\nFollowing Text:\nnorth american printing papers net sales in 2007 were $ 3.5 billion compared with $ 4.4 billion in 2006 ( $ 3.5 billion excluding the coated and super- calendered papers business ) and $ 4.8 billion in 2005 ( $ 3.2 billion excluding the coated and super- calendered papers business ) .\nsales volumes decreased in 2007 versus 2006 partially due to reduced production capacity resulting from the conversion of the paper machine at the pensacola mill to the production of lightweight linerboard for our industrial packaging segment .\naverage sales price realizations increased significantly , reflecting benefits from price increases announced throughout 2007 .\nlack-of-order downtime declined to 27000 tons in 2007 from 40000 tons in 2006 .\noperating earnings of $ 537 million in 2007 increased from $ 482 million in 2006 ( $ 407 million excluding the coated and supercalendered papers business ) and $ 175 million in 2005 ( $ 74 million excluding the coated and supercalendered papers business ) .\nthe benefits from improved average sales price realizations more than offset the effects of higher input costs for wood , energy , and freight .\nmill operations were favorable compared with the prior year due to current-year improvements in machine performance and energy conservation efforts .\nsales volumes for the first quarter of 2008 are expected to increase slightly , and the mix of prod- ucts sold to improve .\ndemand for printing papers in north america was steady as the quarter began .\nprice increases for cut-size paper and roll stock have been announced that are expected to be effective principally late in the first quarter .\nplanned mill maintenance outage costs should be about the same as in the fourth quarter ; however , raw material costs are expected to continue to increase , primarily for wood and energy .\nbrazil ian papers net sales for 2007 of $ 850 mil- lion were higher than the $ 495 million in 2006 and the $ 465 million in 2005 .\ncompared with 2006 , aver- age sales price realizations improved reflecting price increases for uncoated freesheet paper realized dur- ing the second half of 2006 and the first half of 2007 .\nexcluding the impact of the luiz antonio acquisition , sales volumes increased primarily for cut size and offset paper .\noperating profits for 2007 of $ 246 mil- lion were up from $ 122 million in 2006 and $ 134 mil- lion in 2005 as the benefits from higher sales prices and favorable manufacturing costs were only parti- ally offset by higher input costs .\ncontributions from the luiz antonio acquisition increased net sales by approximately $ 350 million and earnings by approx- imately $ 80 million in 2007 .\nentering 2008 , sales volumes for uncoated freesheet paper and pulp should be seasonally lower .\naverage price realizations should be essentially flat , but mar- gins are expected to reflect a less favorable product mix .\nenergy costs , primarily for hydroelectric power , are expected to increase significantly reflecting a lack of rainfall in brazil in the latter part of 2007 .\neuropean papers net sales in 2007 were $ 1.5 bil- lion compared with $ 1.3 billion in 2006 and $ 1.2 bil- lion in 2005 .\nsales volumes in 2007 were higher than in 2006 at our eastern european mills reflecting stronger market demand and improved efficiencies , but lower in western europe reflecting the closure of the marasquel mill in 2006 .\naverage sales price real- izations increased significantly in 2007 in both east- ern and western european markets .\noperating profits of $ 214 million in 2007 increased from a loss of $ 16 million in 2006 and earnings of $ 88 million in 2005 .\nthe loss in 2006 reflects the impact of a $ 128 million impairment charge to reduce the carrying value of the fixed assets at the saillat , france mill .\nexcluding this charge , the improvement in 2007 compared with 2006 reflects the contribution from higher net sales , partially offset by higher input costs for wood , energy and freight .\nlooking ahead to the first quarter of 2008 , sales volumes are expected to be stable in western europe , but seasonally weaker in eastern europe and russia .\naverage price realizations are expected to remain about flat .\nwood costs are expected to increase , especially in russia due to strong demand ahead of tariff increases , and energy costs are anticipated to be seasonally higher .\nasian printing papers net sales were approx- imately $ 20 million in 2007 , compared with $ 15 mil- lion in 2006 and $ 10 million in 2005 .\noperating earnings increased slightly in 2007 , but were close to breakeven in all periods .\nu.s .\nmarket pulp sales in 2007 totaled $ 655 mil- lion compared with $ 510 million and $ 525 million in 2006 and 2005 , respectively .\nsales volumes in 2007 were up from 2006 levels , primarily for paper and .\n\nQuestion: what percent of printing papers sales in 2006 was from north american printing papers net sales?",
        "solution": "66%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_359.pdf\n\nID: ETR/2011/page_359.pdf-3\n\nPrevious Text:\nentergy new orleans , inc .\nmanagement 2019s financial discussion and analysis the volume/weather variance is primarily due to an increase in electricity usage in the residential and commercial sectors due in part to a 4% ( 4 % ) increase in the average number of residential customers and a 3% ( 3 % ) increase in the average number of commercial customers , partially offset by the effect of less favorable weather on residential sales .\ngross operating revenues gross operating revenues decreased primarily due to : a decrease of $ 16.2 million in electric fuel cost recovery revenues due to lower fuel rates ; a decrease of $ 15.4 million in gross gas revenues primarily due to lower fuel cost recovery revenues as a result of lower fuel rates and the effect of milder weather ; and formula rate plan decreases effective october 2010 and october 2011 , as discussed above .\nthe decrease was partially offset by an increase in gross wholesale revenue due to increased sales to affiliated customers and more favorable volume/weather , as discussed above .\n2010 compared to 2009 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 ) .\nfollowing is an analysis of the change in net revenue comparing 2010 to 2009 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2009 net revenue', '$ 243.0'], ['volume/weather', '17.0'], ['net gas revenue', '14.2'], ['effect of 2009 rate case settlement', '-6.6 ( 6.6 )'], ['other', '5.3'], ['2010 net revenue', '$ 272.9']]\n\nFollowing Text:\nthe volume/weather variance is primarily due to an increase of 348 gwh , or 7% ( 7 % ) , in billed retail electricity usage primarily due to more favorable weather compared to last year .\nthe net gas revenue variance is primarily due to more favorable weather compared to last year , along with the recognition of a gas regulatory asset associated with the settlement of entergy new orleans 2019s electric and gas formula rate plans .\nsee note 2 to the financial statements for further discussion of the formula rate plan settlement .\nthe effect of 2009 rate case settlement variance results from the april 2009 settlement of entergy new orleans 2019s rate case , and includes the effects of realigning non-fuel costs associated with the operation of grand gulf from the fuel adjustment clause to electric base rates effective june 2009 .\nsee note 2 to the financial statements for further discussion of the rate case settlement .\nother income statement variances 2011 compared to 2010 other operation and maintenance expenses decreased primarily due to the deferral in 2011 of $ 13.4 million of 2010 michoud plant maintenance costs pursuant to the settlement of entergy new orleans 2019s 2010 test year formula rate plan filing approved by the city council in september 2011 and a decrease of $ 8.0 million in fossil- fueled generation expenses due to higher plant outage costs in 2010 due to a greater scope of work at the michoud plant .\nsee note 2 to the financial statements for more discussion of the 2010 test year formula rate plan filing. .\n\nQuestion: what was the amount of the sum of the factors that contributed to the decrease in the gross operating revenues",
        "solution": "31.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: L/2007/page_213.pdf\n\nID: L/2007/page_213.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements note 11 .\nincome taxes 2013 ( continued ) the federal income tax return for 2006 is subject to examination by the irs .\nin addition for 2007 and 2008 , the irs has invited the company to participate in the compliance assurance process ( 201ccap 201d ) , which is a voluntary program for a limited number of large corporations .\nunder cap , the irs conducts a real-time audit and works contemporaneously with the company to resolve any issues prior to the filing of the tax return .\nthe company has agreed to participate .\nthe company believes this approach should reduce tax-related uncertainties , if any .\nthe company and/or its subsidiaries also file income tax returns in various state , local and foreign jurisdictions .\nthese returns , with few exceptions , are no longer subject to examination by the various taxing authorities before as discussed in note 1 , the company adopted the provisions of fin no .\n48 , 201caccounting for uncertainty in income taxes , 201d on january 1 , 2007 .\nas a result of the implementation of fin no .\n48 , the company recognized a decrease to beginning retained earnings on january 1 , 2007 of $ 37 million .\nthe total amount of unrecognized tax benefits as of the date of adoption was approximately $ 70 million .\nincluded in the balance at january 1 , 2007 , were $ 51 million of tax positions that if recognized would affect the effective tax rate .\na reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : ( in millions ) .\n\nTable Data:\n[['balance january 1 2007', '$ 70'], ['additions based on tax positions related to the current year', '12'], ['additions for tax positions of prior years', '3'], ['reductions for tax positions related to the current year', '-23 ( 23 )'], ['settlements', '-6 ( 6 )'], ['expiration of statute of limitations', '-3 ( 3 )'], ['balance december 31 2007', '$ 53']]\n\nFollowing Text:\nthe company anticipates that it is reasonably possible that payments of approximately $ 2 million will be made primarily due to the conclusion of state income tax examinations within the next 12 months .\nadditionally , certain state and foreign income tax returns will no longer be subject to examination and as a result , there is a reasonable possibility that the amount of unrecognized tax benefits will decrease by $ 7 million .\nat december 31 , 2007 , there were $ 42 million of tax benefits that if recognized would affect the effective rate .\nthe company recognizes interest accrued related to : ( 1 ) unrecognized tax benefits in interest expense and ( 2 ) tax refund claims in other revenues on the consolidated statements of income .\nthe company recognizes penalties in income tax expense ( benefit ) on the consolidated statements of income .\nduring 2007 , the company recorded charges of approximately $ 4 million for interest expense and $ 2 million for penalties .\nprovision has been made for the expected u.s .\nfederal income tax liabilities applicable to undistributed earnings of subsidiaries , except for certain subsidiaries for which the company intends to invest the undistributed earnings indefinitely , or recover such undistributed earnings tax-free .\nat december 31 , 2007 , the company has not provided deferred taxes of $ 126 million , if sold through a taxable sale , on $ 361 million of undistributed earnings related to a domestic affiliate .\nthe determination of the amount of the unrecognized deferred tax liability related to the undistributed earnings of foreign subsidiaries is not practicable .\nin connection with a non-recurring distribution of $ 850 million to diamond offshore from a foreign subsidiary , a portion of which consisted of earnings of the subsidiary that had not previously been subjected to u.s .\nfederal income tax , diamond offshore recognized $ 59 million of u.s .\nfederal income tax expense as a result of the distribution .\nit remains diamond offshore 2019s intention to indefinitely reinvest future earnings of the subsidiary to finance foreign activities .\ntotal income tax expense for the years ended december 31 , 2007 , 2006 and 2005 , was different than the amounts of $ 1601 million , $ 1557 million and $ 639 million , computed by applying the statutory u.s .\nfederal income tax rate of 35% ( 35 % ) to income before income taxes and minority interest for each of the years. .\n\nQuestion: what is the income before tax in 2007?",
        "solution": "4574.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2008/page_83.pdf\n\nID: UNP/2008/page_83.pdf-1\n\nPrevious Text:\n14 .\nleases we lease certain locomotives , freight cars , and other property .\nthe 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 .\na charge to income resulting from the amortization for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nthe majority of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 747 million in 2008 , $ 810 million in 2007 , and $ 798 million in 2006 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n15 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe 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 .\nwe 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 .\npersonal 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 .\nwe use third-party actuaries to assist us in measuring the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe 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 .\ntreasury rates .\napproximately 88% ( 88 % ) of the recorded liability related to asserted claims , and approximately 12% ( 12 % ) related to unasserted claims at december 31 , 2008 .\nbecause 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 .\n\nQuestion: as of december 312008 what was the percent of the future minimum lease payments for operating and capital leases that was due in 2009",
        "solution": "10.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLB/2011/page_41.pdf\n\nID: SLB/2011/page_41.pdf-1\n\nPrevious Text:\nequity in net earnings of affiliated companies equity income from the m-i swaco joint venture in 2010 represents eight months of equity income through the closing of the smith transaction .\ninterest expense interest expense of $ 298 million in 2011 increased by $ 91 million compared to 2010 primarily due to the $ 4.6 billion of long-term debt that schlumberger issued during 2011 .\ninterest expense of $ 207 million in 2010 decreased by $ 14 million compared to 2009 primarily due to a decline in the weighted average borrowing rates , from 3.9% ( 3.9 % ) to 3.2% ( 3.2 % ) .\nresearch & engineering and general & administrative expenses , as a percentage of revenue , were as follows: .\n\nTable Data:\n[['', '2011', '2010', '2009'], ['research & engineering', '2.7% ( 2.7 % )', '3.3% ( 3.3 % )', '3.5% ( 3.5 % )'], ['general & administrative', '1.1% ( 1.1 % )', '1.1% ( 1.1 % )', '1.1% ( 1.1 % )']]\n\nFollowing Text:\nalthough research & engineering decreased as a percentage of revenue in 2011 as compared to 2010 and in 2010 compared to 2009 , it has increased in absolute dollars by $ 154 million and $ 117 million , respectively .\nthese increases in absolute dollars were driven in large part by the impact of the smith acquisition .\nincome taxes the schlumberger effective tax rate was 24.4% ( 24.4 % ) in 2011 , 17.3% ( 17.3 % ) in 2010 , and 19.6% ( 19.6 % ) in 2009 .\nthe schlumberger effective tax rate is sensitive to the geographic mix of earnings .\nwhen the percentage of pretax earnings generated outside of north america increases , the schlumberger effective tax rate will generally decrease .\nconversely , when the percentage of pretax earnings generated outside of north america decreases , the schlumberger effective tax rate will generally increase .\nthe effective tax rate for both 2011 and 2010 was impacted by the charges and credits described in note 3 to the consolidated financial statements .\nexcluding the impact of these charges and credits , the effective tax rate in 2011 was 24.0% ( 24.0 % ) compared to 20.6% ( 20.6 % ) in 2010 .\nthis increase in the effective tax rate , excluding the impact of the charges and credits , was primarily attributable to the fact that schlumberger generated a larger proportion of its pretax earnings in north america in 2011 as compared to 2010 as a result of improved market conditions and the effect of a full year 2019s activity from the acquired smith businesses .\nthe effective tax rate for 2009 was also impacted by the charges and credits described in note 3 to the consolidated financial statements , but to a much lesser extent .\nexcluding charges and credits , the effective tax rate in 2010 was 20.6% ( 20.6 % ) compared to 19.2% ( 19.2 % ) in 2009 .\nthis increase is largely attributable to the geographic mix of earnings as well as the inclusion of four months 2019 results from the acquisition of smith , which served to increase the schlumberger effective tax charges and credits schlumberger recorded significant charges and credits in continuing operations during 2011 , 2010 and 2009 .\nthese charges and credits , which are summarized below , are more fully described in note 3 to the consolidated financial statements. .\n\nQuestion: what was the growth rate of the schlumberger interest expense from 2010 to 2011",
        "solution": "44%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SYY/2006/page_68.pdf\n\nID: SYY/2006/page_68.pdf-1\n\nPrevious Text:\n6 .\nrestricted cash sysco is required by its insurers to collateralize a part of the self-insured portion of its workers 2019 compensation and liability claims .\nsysco has chosen to satisfy these collateral requirements by depositing funds in insurance trusts or by issuing letters of credit .\nin addition , for certain acquisitions , sysco has placed funds into escrow to be disbursed to the sellers in the event that specified operating results are attained or contingencies are resolved .\nescrowed funds related to certain acquisitions in the amount of $ 1700000 were released during fiscal 2006 , which included $ 800000 that was disbursed to sellers .\na summary of restricted cash balances appears below: .\n\nTable Data:\n[['', 'july 1 2006', 'july 2 2005'], ['funds deposited in insurance trusts', '$ 82653000', '$ 80410000'], ['escrow funds related to acquisitions', '19621000', '21321000'], ['total', '$ 102274000', '$ 101731000']]\n\nFollowing Text:\nfunds deposited in insurance trusts************************************** $ 82653000 $ 80410000 escrow funds related to acquisitions ************************************* 19621000 21321000 total************************************************************* $ 102274000 $ 101731000 7 .\nderivative financial instruments sysco manages its debt portfolio by targeting an overall desired position of fixed and floating rates and may employ interest rate swaps from time to time to achieve this goal .\nthe company does not use derivative financial instruments for trading or speculative purposes .\nduring fiscal years 2003 , 2004 and 2005 , the company entered into various interest rate swap agreements designated as fair value hedges of the related debt .\nthe terms of these swap agreements and the hedged items were such that the hedges were considered perfectly effective against changes in the fair value of the debt due to changes in the benchmark interest rates over their terms .\nas a result , the shortcut method provided by sfas no .\n133 , 2018 2018accounting for derivative instruments and hedging activities , 2019 2019 was applied and there was no need to periodically reassess the effectiveness of the hedges during the terms of the swaps .\ninterest expense on the debt was adjusted to include payments made or received under the hedge agreements .\nthe fair value of the swaps was carried as an asset or a liability on the consolidated balance sheet and the carrying value of the hedged debt was adjusted accordingly .\nthere were no fair value hedges outstanding as of july 1 , 2006 or july 2 , 2005 .\nthe amount received upon termination of fair value hedge swap agreements was $ 5316000 and $ 1305000 in fiscal years 2005 and 2004 , respectively .\nthere were no terminations of fair value hedge swap agreements in fiscal 2006 .\nthe amount received upon termination of swap agreements is reflected as an increase in the carrying value of the related debt to reflect its fair value at termination .\nthis increase in the carrying value of the debt is amortized as a reduction of interest expense over the remaining term of the debt .\nin march 2005 , sysco entered into a forward-starting interest rate swap with a notional amount of $ 350000000 .\nin accordance with sfas no .\n133 , the company designated this derivative as a cash flow hedge of the variability in the cash outflows of interest payments on $ 350000000 of the september 2005 forecasted debt issuance due to changes in the benchmark interest rate .\nthe fair value of the swap as of july 2 , 2005 was ( $ 32584000 ) , which is reflected in accrued expenses on the consolidated balance sheet , with the corresponding amount reflected as a loss , net of tax , in other comprehensive income ( loss ) .\nin september 2005 , in conjunction with the issuance of the 5.375% ( 5.375 % ) senior notes , sysco settled the $ 350000000 notional amount forward-starting interest rate swap .\nupon settlement , sysco paid cash of $ 21196000 , which represented the fair value of the swap agreement at the time of settlement .\nthis amount is being amortized as interest expense over the 30-year term of the debt , and the unamortized balance is reflected as a loss , net of tax , in other comprehensive income ( loss ) .\nin the normal course of business , sysco enters into forward purchase agreements for the procurement of fuel , electricity and product commodities related to sysco 2019s business .\ncertain of these agreements meet the definition of a derivative and qualify for the normal purchase and sale exemption under relevant accounting literature .\nthe company has elected to use this exemption for these agreements and thus they are not recorded at fair value .\n%%transmsg*** transmitting job : h39408 pcn : 046000000 *** %%pcmsg|44 |00010|yes|no|09/06/2006 17:22|0|1|page is valid , no graphics -- color : n| .\n\nQuestion: what percentage of restricted cash as of july 2 , 2005 was in funds deposited in insurance trusts?",
        "solution": "79%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_48.pdf\n\nID: AAPL/2007/page_48.pdf-2\n\nPrevious Text:\ncapital asset purchases associated with the retail segment were $ 294 million in 2007 , bringing the total capital asset purchases since inception of the retail segment to $ 1.0 billion .\nas of september 29 , 2007 , the retail segment had approximately 7900 employees and had outstanding operating lease commitments associated with retail store space and related facilities of $ 1.1 billion .\nthe company would incur substantial costs if it were to close multiple retail stores .\nsuch costs could adversely affect the company 2019s financial condition and operating results .\nother segments the company 2019s other segments , which consists of its asia pacific and filemaker operations , experienced an increase in net sales of $ 406 million , or 30% ( 30 % ) during 2007 compared to 2006 .\nthis increase related primarily to a 58% ( 58 % ) increase in sales of mac portable products and strong ipod sales in the company 2019s asia pacific region .\nduring 2006 , net sales in other segments increased 35% ( 35 % ) compared to 2005 primarily due to an increase in sales of ipod and mac portable products .\nstrong sales growth was a result of the introduction of the updated ipods featuring video-playing capabilities and the new intel-based mac portable products that translated to a 16% ( 16 % ) increase in mac unit sales during 2006 compared to 2005 .\ngross margin gross margin for each of the last three fiscal years are as follows ( in millions , except gross margin percentages ) : september 29 , september 30 , september 24 , 2007 2006 2005 .\n\nTable Data:\n[['', 'september 29 2007', 'september 30 2006', 'september 24 2005'], ['net sales', '$ 24006', '$ 19315', '$ 13931'], ['cost of sales', '15852', '13717', '9889'], ['gross margin', '$ 8154', '$ 5598', '$ 4042'], ['gross margin percentage', '34.0% ( 34.0 % )', '29.0% ( 29.0 % )', '29.0% ( 29.0 % )']]\n\nFollowing Text:\ngross margin percentage of 34.0% ( 34.0 % ) in 2007 increased significantly from 29.0% ( 29.0 % ) in 2006 .\nthe primary drivers of this increase were more favorable costs on certain commodity components , including nand flash memory and dram memory , higher overall revenue that provided for more leverage on fixed production costs and a higher percentage of revenue from the company 2019s direct sales channels .\nthe company anticipates that its gross margin and the gross margins of the personal computer , consumer electronics and mobile communication industries will be subject to pressure due to price competition .\nthe company expects gross margin percentage to decline sequentially in the first quarter of 2008 primarily as a result of the full-quarter impact of product transitions and reduced pricing that were effected in the fourth quarter of 2007 , lower sales of ilife and iwork in their second quarter of availability , seasonally higher component costs , and a higher mix of indirect sales .\nthese factors are expected to be partially offset by higher sales of the company 2019s mac os x operating system due to the introduction of mac os x version 10.5 leopard ( 2018 2018mac os x leopard 2019 2019 ) that became available in october 2007 .\nthe foregoing statements regarding the company 2019s expected gross margin percentage are forward-looking .\nthere can be no assurance that current gross margin percentage will be maintained or targeted gross margin percentage levels will be achieved .\nin general , gross margins and margins on individual products will remain under downward pressure due to a variety of factors , including continued industry wide global pricing pressures , increased competition , compressed product life cycles , potential increases in the cost and availability of raw material and outside manufacturing services , and a potential shift in the company 2019s sales mix towards products with lower gross margins .\nin response to these competitive pressures , the company expects it will continue to take pricing actions with respect to its products .\ngross margins could also be affected by the company 2019s ability to effectively manage product quality and warranty costs and to stimulate .\n\nQuestion: what was the change in cost of sales between 2007 and 2008 , in millions?15852 13717",
        "solution": "2135"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: NKE/2009/page_81.pdf\n\nID: NKE/2009/page_81.pdf-1\n\nPrevious Text:\nnike , inc .\nnotes to consolidated financial statements 2014 ( continued ) such agreements in place .\nhowever , 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 the company 2019s financial position or results of operations .\nin the ordinary course of its business , the company is involved in various legal proceedings involving contractual and employment relationships , product liability claims , trademark rights , and a variety of other matters .\nthe company does not believe there are any pending legal proceedings that will have a material impact on the company 2019s financial position or results of operations .\nnote 16 2014 restructuring charges during the fourth quarter of fiscal 2009 , the company took necessary steps to streamline its management structure , enhance consumer focus , drive innovation more quickly to market and establish a more scalable , long-term cost structure .\nas a result , the company reduced its global workforce by approximately 5% ( 5 % ) and incurred pre-tax restructuring charges of $ 195 million , primarily consisting of severance costs related to the workforce reduction .\nas nearly all of the restructuring activities were completed in the fourth quarter of fiscal 2009 , the company does not expect to recognize additional costs in future periods relating to these actions .\nthe restructuring charge is reflected in the corporate expense line in the segment presentation of pre-tax income in note 19 2014 operating segments and related information .\nthe activity in the restructuring accrual for the year ended may 31 , 2009 is as follows ( in millions ) : .\n\nTable Data:\n[['restructuring accrual 2014 june 1 2008', '$ 2014'], ['severance and related costs', '195.0'], ['cash payments', '-29.4 ( 29.4 )'], ['non-cash stock option and restricted stock expense', '-19.5 ( 19.5 )'], ['foreign currency translation and other', '3.5'], ['restructuring accrual 2014 may 31 2009', '$ 149.6']]\n\nFollowing Text:\nthe accrual balance as of may 31 , 2009 will be relieved throughout fiscal year 2010 and early 2011 , as severance payments are completed .\nthe restructuring accrual is included in accrued liabilities in the consolidated balance sheet .\nas part of its restructuring activities , the company reorganized its nike brand operations geographic structure .\nin fiscal 2009 , 2008 and 2007 , nike brand operations were organized into the following four geographic regions : u.s. , europe , middle east and africa ( collectively , 201cemea 201d ) , asia pacific , and americas .\nin the fourth quarter of 2009 , the company initiated a reorganization of the nike brand business into a new operating model .\nas a result of this reorganization , beginning in the first quarter of fiscal 2010 , the nike brand operations will consist of the following six geographies : north america , western europe , central/eastern europe , greater china , japan , and emerging markets .\nnote 17 2014 divestitures on december 17 , 2007 , the company completed the sale of the starter brand business to iconix brand group , inc .\nfor $ 60.0 million in cash .\nthis transaction resulted in a gain of $ 28.6 million during the year ended may 31 , 2008. .\n\nQuestion: what was the percentage gain on the sale of starter brand business?",
        "solution": "91%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_106.pdf\n\nID: LMT/2015/page_106.pdf-2\n\nPrevious Text:\ncontributions and expected benefit payments the funding of our qualified defined benefit pension plans is determined in accordance with erisa , as amended by the ppa , and in a manner consistent with cas and internal revenue code rules .\nin 2015 , we made $ 5 million in contributions to our new sikorsky bargained qualified defined benefit pension plan and we plan to make approximately $ 25 million in contributions to this plan in 2016 .\nthe following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2015 ( in millions ) : .\n\nTable Data:\n[['', '2016', '2017', '2018', '2019', '2020', '2021 - 2025'], ['qualified defined benefit pension plans', '$ 2160', '$ 2240', '$ 2320', '$ 2410', '$ 2500', '$ 13670'], ['retiree medical and life insurance plans', '190', '190', '200', '200', '200', '940']]\n\nFollowing Text:\ndefined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees .\nunder the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents .\nour contributions were $ 393 million in 2015 , $ 385 million in 2014 and $ 383 million in 2013 , the majority of which were funded in our common stock .\nour defined contribution plans held approximately 40.0 million and 41.7 million shares of our common stock as of december 31 , 2015 and 2014 .\nnote 12 2013 stockholders 2019 equity at december 31 , 2015 and 2014 , our authorized capital was composed of 1.5 billion shares of common stock and 50 million shares of series preferred stock .\nof the 305 million shares of common stock issued and outstanding as of december 31 , 2015 , 303 million shares were considered outstanding for balance sheet presentation purposes ; the remaining shares were held in a separate trust .\nof the 316 million shares of common stock issued and outstanding as of december 31 , 2014 , 314 million shares were considered outstanding for balance sheet presentation purposes ; the remaining shares were held in a separate trust .\nno shares of preferred stock were issued and outstanding at december 31 , 2015 or 2014 .\nrepurchases of common stock during 2015 , we repurchased 15.2 million shares of our common stock for $ 3.1 billion .\nduring 2014 and 2013 , we paid $ 1.9 billion and $ 1.8 billion to repurchase 11.5 million and 16.2 million shares of our common stock .\non september 24 , 2015 , our board of directors approved a $ 3.0 billion increase to our share repurchase program .\ninclusive of this increase , the total remaining authorization for future common share repurchases under our program was $ 3.6 billion as of december 31 , 2015 .\nas we repurchase our common shares , we reduce common stock for the $ 1 of par value of the shares repurchased , with the excess purchase price over par value recorded as a reduction of additional paid-in capital .\ndue to the volume of repurchases made under our share repurchase program , additional paid-in capital was reduced to zero , with the remainder of the excess purchase price over par value of $ 2.4 billion and $ 1.1 billion recorded as a reduction of retained earnings in 2015 and 2014 .\nwe paid dividends totaling $ 1.9 billion ( $ 6.15 per share ) in 2015 , $ 1.8 billion ( $ 5.49 per share ) in 2014 and $ 1.5 billion ( $ 4.78 per share ) in 2013 .\nwe have increased our quarterly dividend rate in each of the last three years , including a 10% ( 10 % ) increase in the quarterly dividend rate in the fourth quarter of 2015 .\nwe declared quarterly dividends of $ 1.50 per share during each of the first three quarters of 2015 and $ 1.65 per share during the fourth quarter of 2015 ; $ 1.33 per share during each of the first three quarters of 2014 and $ 1.50 per share during the fourth quarter of 2014 ; and $ 1.15 per share during each of the first three quarters of 2013 and $ 1.33 per share during the fourth quarter of 2013. .\n\nQuestion: what is the change in millions of qualified defined benefit pension plans expected to be paid out between 2017 to 2018?",
        "solution": "80"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2016/page_32.pdf\n\nID: LMT/2016/page_32.pdf-1\n\nPrevious Text:\npurchases of equity securities the following table provides information about our repurchases of our common stock registered pursuant to section 12 of the exchange act during the quarter ended december 31 , 2016 .\nperiod ( a ) number of shares purchased average price paid per share total number of shares purchased as part of publicly announced plans or programs ( b ) amount available for future share repurchases under the plans or programs ( b ) ( in millions ) .\n\nTable Data:\n[['period ( a )', 'total number of shares purchased', 'average price paid per share', 'total number of shares purchased as part of publicly announced plans or programs ( b )', 'amount available for future share repurchases under the plans or programs ( b ) ( in millions )'], ['september 26 2016 2013 october 30 2016', '1294018', '$ 235.56', '1293734', '$ 4015'], ['october 31 2016 2013 november 27 2016', '712100', '$ 254.42', '711974', '$ 3834'], ['november 28 2016 2013 december 31 2016', '1281651', '$ 259.81', '1270668', '$ 3504'], ['total', '3287769 ( c )', '$ 249.09', '3276376', '']]\n\nFollowing Text:\ntotal 3287769 ( c ) $ 249.09 3276376 ( a ) we close our books and records on the last sunday of each month to align our financial closing with our business processes , except for the month of december , as our fiscal year ends on december 31 .\nas a result , our fiscal months often differ from the calendar months .\nfor example , september 26 , 2016 was the first day of our october 2016 fiscal month .\n( b ) in october 2010 , our board of directors approved a share repurchase program pursuant to which we are authorized to repurchase our common stock in privately negotiated transactions or in the open market at prices per share not exceeding the then-current market prices .\non september 22 , 2016 , our board of directors authorized a $ 2.0 billion increase to the program .\nunder the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation .\nthis includes purchases pursuant to rule 10b5-1 plans .\nthe program does not have an expiration date .\n( c ) during the quarter ended december 31 , 2016 , the total number of shares purchased included 11393 shares that were transferred to us by employees in satisfaction of minimum tax withholding obligations associated with the vesting of restricted stock units .\nthese purchases were made pursuant to a separate authorization by our board of directors and are not included within the program. .\n\nQuestion: what was the average number of shares repurchased per month for the 3 months ending december 31 , 2016?",
        "solution": "1095923"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2016/page_57.pdf\n\nID: AMT/2016/page_57.pdf-2\n\nPrevious Text:\nin emerging markets , such as ghana , india , nigeria and uganda , wireless networks tend to be significantly less advanced than those in the united states , and initial voice networks continue to be deployed in underdeveloped areas .\na majority of consumers in these markets still utilize basic wireless services , predominantly on feature phones , while advanced device penetration remains low .\nin more developed urban locations within these markets , early-stage data network deployments are underway .\ncarriers are focused on completing voice network build-outs while also investing in initial data networks as wireless data usage and smartphone penetration within their customer bases begin to accelerate .\nin markets with rapidly evolving network technology , such as south africa and most of the countries in latin america where we do business , initial voice networks , for the most part , have already been built out , and carriers are focused on 3g and 4g network build outs .\nconsumers in these regions are increasingly adopting smartphones and other advanced devices , and , as a result , the usage of bandwidth-intensive mobile applications is growing materially .\nrecent spectrum auctions in these rapidly evolving markets have allowed incumbent carriers to accelerate their data network deployments and have also enabled new entrants to begin initial investments in data networks .\nsmartphone penetration and wireless data usage in these markets are growing rapidly , which typically requires that carriers continue to invest in their networks in order to maintain and augment their quality of service .\nfinally , in markets with more mature network technology , such as germany and france , carriers are focused on deploying 4g data networks to account for rapidly increasing wireless data usage among their customer base .\nwith higher smartphone and advanced device penetration and significantly higher per capita data usage , carrier investment in networks is focused on 4g coverage and capacity .\nwe believe that the network technology migration we have seen in the united states , which has led to significantly denser networks and meaningful new business commencements for us over a number of years , will ultimately be replicated in our less advanced international markets .\nas a result , we expect to be able to leverage our extensive international portfolio of approximately 104470 communications sites and the relationships we have built with our carrier customers to drive sustainable , long-term growth .\nwe have master lease agreements with certain of our tenants that provide for consistent , long-term revenue and reduce the likelihood of churn .\nour master lease agreements build and augment strong strategic partnerships with our tenants and have significantly reduced colocation cycle times , thereby providing our tenants with the ability to rapidly and efficiently deploy equipment on our sites .\nproperty operations new site revenue growth .\nduring the year ended december 31 , 2016 , we grew our portfolio of communications real estate through the acquisition and construction of approximately 45310 sites .\nin a majority of our asia , emea and latin america markets , the revenue generated from newly acquired or constructed sites resulted in increases in both tenant and pass-through revenues ( such as ground rent or power and fuel costs ) and expenses .\nwe continue to evaluate opportunities to acquire communications real estate portfolios , both domestically and internationally , to determine whether they meet our risk-adjusted hurdle rates and whether we believe we can effectively integrate them into our existing portfolio. .\n\nTable Data:\n[['new sites ( acquired or constructed )', '2016', '2015', '2014'], ['u.s .', '65', '11595', '900'], ['asia', '43865', '2330', '1560'], ['emea', '665', '4910', '190'], ['latin america', '715', '6535', '5800']]\n\nFollowing Text:\nproperty operations expenses .\ndirect operating expenses incurred by our property segments include direct site level expenses and consist primarily of ground rent and power and fuel costs , some or all of which may be passed through to our tenants , as well as property taxes , repairs and maintenance .\nthese segment direct operating expenses exclude all segment and corporate selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense in our consolidated statements of operations .\nin general , our property segments 2019 selling , general , administrative and development expenses do not significantly increase as a result of adding incremental tenants to our sites and typically increase only modestly year-over-year .\nas a result , leasing additional space to new tenants on our sites provides significant incremental cash flow .\nwe may , however , incur additional segment selling , general , administrative and development expenses as we increase our presence in our existing markets or expand into new markets .\nour profit margin growth is therefore positively impacted by the addition of new tenants to our sites but can be temporarily diluted by our development activities. .\n\nQuestion: what is the total number of new sites acquired and constructed during 2016?",
        "solution": "45310"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_382.pdf\n\nID: ETR/2016/page_382.pdf-4\n\nPrevious Text:\nentergy mississippi , inc .\nmanagement 2019s financial discussion and analysis entergy mississippi 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. .\n\nTable Data:\n[['2016', '2015', '2014', '2013'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 10595', '$ 25930', '$ 644', '( $ 3536 )']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nentergy mississippi has four separate credit facilities in the aggregate amount of $ 102.5 million scheduled to expire may 2017 .\nno borrowings were outstanding under the credit facilities as of december 31 , 2016 .\nin addition , entergy mississippi is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations under miso .\nas of december 31 , 2016 , a $ 7.1 million letter of credit was outstanding under entergy mississippi 2019s uncommitted letter of credit facility .\nsee note 4 to the financial statements for additional discussion of the credit facilities .\nentergy mississippi obtained authorizations from the ferc through october 2017 for short-term borrowings not to exceed an aggregate amount of $ 175 million at any time outstanding and long-term borrowings and security issuances .\nsee note 4 to the financial statements for further discussion of entergy mississippi 2019s short-term borrowing limits .\nstate and local rate regulation and fuel-cost recovery the rates that entergy mississippi charges for electricity significantly influence its financial position , results of operations , and liquidity .\nentergy mississippi is regulated and the rates charged to its customers are determined in regulatory proceedings .\na governmental agency , the mpsc , is primarily responsible for approval of the rates charged to customers .\nformula rate plan in june 2014 , entergy mississippi filed its first general rate case before the mpsc in almost 12 years .\nthe rate filing laid out entergy mississippi 2019s plans for improving reliability , modernizing the grid , maintaining its workforce , stabilizing rates , utilizing new technologies , and attracting new industry to its service territory .\nentergy mississippi requested a net increase in revenue of $ 49 million for bills rendered during calendar year 2015 , including $ 30 million resulting from new depreciation rates to update the estimated service life of assets .\nin addition , the filing proposed , among other things : 1 ) realigning cost recovery of the attala and hinds power plant acquisitions from the power management rider to base rates ; 2 ) including certain miso-related revenues and expenses in the power management rider ; 3 ) power management rider changes that reflect the changes in costs and revenues that will accompany entergy mississippi 2019s withdrawal from participation in the system agreement ; and 4 ) a formula rate plan forward test year to allow for known changes in expenses and revenues for the rate effective period .\nentergy mississippi proposed maintaining the current authorized return on common equity of 10.59% ( 10.59 % ) .\nin october 2014 , entergy mississippi and the mississippi public utilities staff entered into and filed joint stipulations that addressed the majority of issues in the proceeding .\nthe stipulations provided for : 2022 an approximate $ 16 million net increase in revenues , which reflected an agreed upon 10.07% ( 10.07 % ) return on common equity ; 2022 revision of entergy mississippi 2019s formula rate plan by providing entergy mississippi with the ability to reflect known and measurable changes to historical rate base and certain expense amounts ; resolving uncertainty around and obviating the need for an additional rate filing in connection with entergy mississippi 2019s withdrawal from participation in the system agreement ; updating depreciation rates ; and moving costs associated with the attala and hinds generating plants from the power management rider to base rates; .\n\nQuestion: what is the net change in entergy mississippi 2019s receivables from the money pool from 2014 to 2015?",
        "solution": "25286"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DVN/2015/page_92.pdf\n\nID: DVN/2015/page_92.pdf-3\n\nPrevious Text:\ndevon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2015 , excluding premiums and discounts , are as follows ( millions ) : .\n\nTable Data:\n[['2016', '$ 976'], ['2017', '2014'], ['2018', '875'], ['2019', '1100'], ['2020', '414'], ['thereafter', '9763'], ['total', '$ 13128']]\n\nFollowing Text:\ncredit lines devon has a $ 3.0 billion senior credit facility .\nthe maturity date for $ 30 million of the senior credit facility is october 24 , 2017 .\nthe maturity date for $ 164 million of the senior credit facility is october 24 , 2018 .\nthe maturity date for the remaining $ 2.8 billion is october 24 , 2019 .\namounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months .\nsuch rates are generally less than the prime rate .\nhowever , devon may elect to borrow at the prime rate .\nthe senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears .\nas of december 31 , 2015 , there were no borrowings under the senior credit facility .\nthe senior credit facility contains only one material financial covenant .\nthis covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65% ( 65 % ) .\nthe credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying consolidated financial statements .\nalso , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments .\nas of december 31 , 2015 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 23.7% ( 23.7 % ) .\ncommercial paper devon 2019s senior credit facility supports its $ 3.0 billion of short-term credit under its commercial paper program .\ncommercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing .\nthe interest rate is generally based on a standard index such as the federal funds rate , libor or the money market rate as found in the commercial paper market .\nas of december 31 , 2015 , devon 2019s outstanding commercial paper borrowings had a weighted-average borrowing rate of 0.63% ( 0.63 % ) .\nissuance of senior notes in june 2015 , devon issued $ 750 million of 5.0% ( 5.0 % ) senior notes due 2045 that are unsecured and unsubordinated obligations .\ndevon used the net proceeds to repay the floating rate senior notes that matured on december 15 , 2015 , as well as outstanding commercial paper balances .\nin december 2015 , in conjunction with the announcement of the powder river basin and stack acquisitions , devon issued $ 850 million of 5.85% ( 5.85 % ) senior notes due 2025 that are unsecured and unsubordinated obligations .\ndevon used the net proceeds to fund the cash portion of these acquisitions. .\n\nQuestion: in millions , what was the mathematical range of debt maturities for 2018-2020?",
        "solution": "686"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2018/page_90.pdf\n\nID: AON/2018/page_90.pdf-1\n\nPrevious Text:\n( 3 ) refer to note 2 201csummary of significant accounting principles and practices 201d for further information .\n13 .\nemployee benefitsp y defined contribution savings plans aon maintains defined contribution savings plans for the benefit of its employees .\nthe expense recognized for these plans is included in compensation and benefits in the consolidated statements of income .\nthe expense for the significant plans in the u.s. , u.k. , netherlands and canada is as follows ( in millions ) : .\n\nTable Data:\n[['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']]\n\nFollowing Text:\npension and other postretirement benefits the company sponsors defined benefit pension and postretirement health and welfare plans that provide retirement , medical , and life insurance benefits .\nthe postretirement health care plans are contributory , with retiree contributions adjusted annually , and the aa life insurance and pension plans are generally noncontributory .\nthe significant u.s. , u.k. , netherlands and canadian pension plans are closed to new entrants. .\n\nQuestion: in 2018 what was the percent of the expenses in the us to the total benefit expense",
        "solution": "58.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAA/2018/page_19.pdf\n\nID: MAA/2018/page_19.pdf-2\n\nPrevious Text:\n2022 level and volatility of interest or capitalization rates or capital market conditions ; 2022 loss of hedge accounting treatment for interest rate swaps ; 2022 the continuation of the good credit of our interest rate swap providers ; 2022 price volatility , dislocations and liquidity disruptions in the financial markets and the resulting impact on financing ; 2022 the effect of any rating agency actions on the cost and availability of new debt financing ; 2022 significant decline in market value of real estate serving as collateral for mortgage obligations ; 2022 significant change in the mortgage financing market that would cause single-family housing , either as an owned or rental product , to become a more significant competitive product ; 2022 our ability to continue to satisfy complex rules in order to maintain our status as a reit for federal income tax purposes , the ability of the operating partnership to satisfy the rules to maintain its status as a partnership for federal income tax purposes , the ability of our taxable reit subsidiaries to maintain their status as such for federal income tax purposes , and our ability and the ability of our subsidiaries to operate effectively within the limitations imposed by these rules ; 2022 inability to attract and retain qualified personnel ; 2022 cyber liability or potential liability for breaches of our privacy or information security systems ; 2022 potential liability for environmental contamination ; 2022 adverse legislative or regulatory tax changes ; 2022 legal proceedings relating to various issues , which , among other things , could result in a class action lawsuit ; 2022 compliance costs associated with laws requiring access for disabled persons ; and 2022 other risks identified in this annual report on form 10-k including under the caption \"item 1a .\nrisk factors\" and , from time to time , in other reports we file with the securities and exchange commission , or the sec , or in other documents that we publicly disseminate .\nnew factors may also emerge from time to time that could have a material adverse effect on our business .\nexcept as required by law , we undertake no obligation to publicly update or revise forward-looking statements contained in this annual report on form 10-k to reflect events , circumstances or changes in expectations after the date on which this annual report on form 10-k is filed .\nitem 1 .\nbusiness .\noverview maa is a multifamily focused , self-administered and self-managed real estate investment trust , or reit .\nwe own , operate , acquire and selectively develop apartment communities located in the southeast , southwest and mid-atlantic regions of the united states .\nas of december 31 , 2018 , we maintained full or partial ownership of apartment communities and commercial properties across 17 states and the district of columbia , summarized as follows: .\n\nTable Data:\n[['multifamily', 'communities', 'units'], ['consolidated', '303', '100595'], ['unconsolidated', '1', '269'], ['total', '304', '100864'], ['commercial', 'properties', 'sq . ft. ( 1 )'], ['consolidated', '4', '260000']]\n\nFollowing Text:\n( 1 ) excludes commercial space located at our multifamily apartment communities , which totals approximately 615000 square feet of gross leasable space .\nour business is conducted principally through the operating partnership .\nmaa is the sole general partner of the operating partnership , holding 113844267 op units , comprising a 96.5% ( 96.5 % ) partnership interest in the operating partnership as of december 31 , 2018 .\nmaa and maalp were formed in tennessee in 1993 .\nas of december 31 , 2018 , we had 2508 full- time employees and 44 part-time employees. .\n\nQuestion: what is the percentage of consolidated communities among the total communities?",
        "solution": "99.67%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2018/page_21.pdf\n\nID: UNP/2018/page_21.pdf-4\n\nPrevious Text:\npurchases of equity securities 2013 during 2018 , we repurchased 57669746 shares of our common stock at an average price of $ 143.70 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2018 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .\n\nTable Data:\n[['period', 'total number of shares purchased [a]', 'average price paid per share', 'total number of shares purchased as part of a publicly announcedplan or program [b]', 'maximum number of shares remaining under the plan or program [b]'], ['oct . 1 through oct . 31', '6091605', '$ 158.20', '6087727', '32831024'], ['nov . 1 through nov . 30', '3408467', '147.91', '3402190', '29428834'], ['dec . 1 through dec . 31', '3007951', '148.40', '3000715', '26428119'], ['total', '12508023', '$ 153.04', '12490632', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 17391 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] effective january 1 , 2017 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2020 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions. .\n\nQuestion: what percentage of the total number of shares purchased where purchased in december?",
        "solution": "24%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2015/page_68.pdf\n\nID: AAPL/2015/page_68.pdf-1\n\nPrevious Text:\ntable 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 .\nwhen a component or product uses new technologies , initial capacity constraints may exist until the suppliers 2019 yields have matured or manufacturing capacity has increased .\nif 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 .\nthe 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 .\ncontinued 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 .\nthe 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 .\ntherefore , the company remains subject to significant risks of supply shortages and price increases that could materially adversely affect its financial condition and operating results .\nsubstantially all of the company 2019s hardware products are manufactured by outsourcing partners that are located primarily in asia .\na significant concentration of this manufacturing is currently performed by a small number of outsourcing partners , often in single locations .\ncertain of these outsourcing partners are the sole- sourced suppliers of components and manufacturers for many of the company 2019s products .\nalthough 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 .\nthe company 2019s purchase commitments typically cover its requirements for periods up to 150 days .\nother off-balance sheet commitments operating leases the company leases various equipment and facilities , including retail space , under noncancelable operating lease arrangements .\nthe company does not currently utilize any other off-balance sheet financing arrangements .\nthe major facility leases are typically for terms not exceeding 10 years and generally contain multi-year renewal options .\nas of september 26 , 2015 , the company had a total of 463 retail stores .\nleases 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 .\nas 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 .\nrent 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 .\nfuture 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 ) : .\n\nTable Data:\n[['2016', '$ 772'], ['2017', '774'], ['2018', '744'], ['2019', '715'], ['2020', '674'], ['thereafter', '2592'], ['total', '$ 6271']]\n\nFollowing Text:\nother 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 .\nthese outsourcing partners acquire components and build product based on demand information supplied by the company , which typically covers periods up to 150 days .\nthe company also obtains individual components for its products from a wide variety of individual suppliers .\nconsistent with industry practice , the company acquires components through a combination of purchase orders , supplier contracts and open orders based on projected demand information .\nwhere appropriate , the purchases are applied to inventory component prepayments that are outstanding with the respective supplier .\nas of september 26 , 2015 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 29.5 billion .\napple inc .\n| 2015 form 10-k | 65 .\n\nQuestion: what percentage of future minimum lease payments under noncancelable operating leases are due after 2020?",
        "solution": "41%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2010/page_90.pdf\n\nID: ADI/2010/page_90.pdf-1\n\nPrevious Text:\nof global business , there are many transactions and calculations where the ultimate tax outcome is uncertain .\nsome of these uncertainties arise as a consequence of cost reimbursement arrangements among related entities .\nalthough the company believes its estimates are reasonable , no assurance can be given that the final tax outcome of these matters will not be different than that which is reflected in the historical income tax provisions and accruals .\nsuch differences could have a material impact on the company 2019s income tax provision and operating results in the period in which such determination is made .\non november 4 , 2007 ( the first day of its 2008 fiscal year ) , the company adopted new accounting principles on accounting for uncertain tax positions .\nthese principles require companies to determine whether it is 201cmore likely than not 201d that a tax position will be sustained upon examination by the appropriate taxing authorities before any benefit can be recorded in the financial statements .\nan uncertain income tax position will not be recognized if it has less than a 50% ( 50 % ) likelihood of being sustained .\nthere were no changes to the company 2019s liabilities for uncertain tax positions as a result of the adoption of these provisions .\nas of october 30 , 2010 and october 31 , 2009 , the company had a liability of $ 18.4 million and $ 18.2 million , respectively , for gross unrealized tax benefits , all of which , if settled in the company 2019s favor , would lower the company 2019s effective tax rate in the period recorded .\nin addition , as of october 30 , 2010 and october 31 , 2009 , the company had a liability of approximately $ 9.8 million and $ 8.0 million , respectively , for interest and penalties .\nthe total liability as of october 30 , 2010 and october 31 , 2009 of $ 28.3 million and $ 26.2 million , respectively , for uncertain tax positions is classified as non-current , and is included in other non-current liabilities , because the company believes that the ultimate payment or settlement of these liabilities will not occur within the next twelve months .\nprior to the adoption of these provisions , these amounts were included in current income tax payable .\nthe company includes interest and penalties related to unrecognized tax benefits within the provision for taxes in the condensed consolidated statements of income , and as a result , no change in classification was made upon adopting these provisions .\nthe condensed consolidated statements of income for fiscal years 2010 , 2009 and 2008 include $ 1.8 million , $ 1.7 million and $ 1.3 million , respectively , of interest and penalties related to these uncertain tax positions .\ndue to the complexity associated with its tax uncertainties , the company cannot make a reasonably reliable estimate as to the period in which it expects to settle the liabilities associated with these uncertain tax positions .\nthe following table summarizes the changes in the total amounts of uncertain tax positions for fiscal 2008 through fiscal 2010. .\n\nTable Data:\n[['balance november 3 2007', '$ 9889'], ['additions for tax positions of 2008', '3861'], ['balance november 1 2008', '13750'], ['additions for tax positions of 2009', '4411'], ['balance october 31 2009', '18161'], ['additions for tax positions of 2010', '286'], ['balance october 30 2010', '$ 18447']]\n\nFollowing Text:\nfiscal years 2004 and 2005 irs examination during the fourth quarter of fiscal 2007 , the irs completed its field examination of the company 2019s fiscal years 2004 and 2005 .\non january 2 , 2008 , the irs issued its report for fiscal 2004 and 2005 , which included proposed adjustments related to these two fiscal years .\nthe company has recorded taxes and penalties related to certain of these proposed adjustments .\nthere are four items with an additional potential total tax liability of $ 46 million .\nthe company has concluded , based on discussions with its tax advisors , that these four items are not likely to result in any additional tax liability .\ntherefore , the company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers .\nthe company 2019s initial meetings with the appellate division of the irs were held during fiscal analog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: by what amount does the interest and penalties expense exceed the payment for interest and penalties in 2010?",
        "solution": "1.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2014/page_93.pdf\n\nID: CDW/2014/page_93.pdf-1\n\nPrevious Text:\nrelated employer payroll tax costs ) .\nthe contributions of these amounts are due by march 15 of the calendar year following the year in which the company realizes the benefits of the deductions .\nthis arrangement has been accounted for as contingent consideration .\npre-2009 business combinations were accounted for under a former accounting standard which , among other aspects , precluded the recognition of certain contingent consideration as of the business combination date .\ninstead , under the former accounting standard , contingent consideration is accounted for as additional purchase price ( goodwill ) at the time the contingency is resolved .\nas of december 31 , 2013 , the company accrued $ 20.9 million related to this arrangement within other current liabilities , as the company realized the tax benefit of the compensation deductions during the 2013 tax year .\nthe company made the related cash contribution during the first quarter of 2014 .\n11 .\nearnings per share the numerator for both basic and diluted earnings per share is net income .\nthe denominator for basic earnings per share is the weighted-average number of common shares outstanding during the period .\nthe 2013 denominator was impacted by the common shares issued during both the ipo and the underwriters' exercise in full of the overallotment option granted to them in connection with the ipo .\nbecause such common shares were issued on july 2 , 2013 and july 31 , 2013 , respectively , they are only partially reflected in the 2013 denominator .\nsuch shares are fully reflected in the 2014 denominator .\nsee note 9 for additional discussion of the ipo .\nthe dilutive effect of outstanding restricted stock , restricted stock units , stock options , coworker stock purchase plan units and mpk plan units is reflected in the denominator for diluted earnings per share using the treasury stock method .\nthe following is a reconciliation of basic shares to diluted shares: .\n\nTable Data:\n[['( in millions )', 'years ended december 31 , 2014', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['weighted-average shares - basic', '170.6', '156.6', '145.1'], ['effect of dilutive securities', '2.2', '2.1', '0.7'], ['weighted-average shares - diluted', '172.8', '158.7', '145.8']]\n\nFollowing Text:\nthere was an insignificant amount of potential common shares excluded from diluted earnings per share for the years ended december 31 , 2014 , 2013 and 2012 , as their inclusion would have had an anti-dilutive effect .\n12 .\ndeferred compensation plan on march 10 , 2010 , in connection with the company 2019s purchase of $ 28.5 million principal amount of its outstanding senior subordinated debt , the company established the restricted debt unit plan ( the 201crdu plan 201d ) , an unfunded nonqualified deferred compensation plan .\nthe total number of rdus that could be granted under the rdu plan was 28500 .\nas of december 31 , 2014 , 28500 rdus were outstanding .\nrdus vested daily on a pro rata basis over the three-year period from january 1 , 2012 ( or , if later , the date of hire or the date of a subsequent rdu grant ) through december 31 , 2014 .\nall outstanding rdus were vested as of december 31 , 2014 .\nparticipants have no rights to the underlying debt .\nthe total amount of compensation available to be paid under the rdu plan was initially to be based on two components , a principal component and an interest component .\nthe principal component credits the rdu plan with a notional amount equal to the $ 28.5 million face value of the senior subordinated notes ( the \"debt pool\" ) , together with certain redemption premium equivalents as noted below .\nthe interest component credited the rdu plan with amounts equal to the interest that would have been earned on the debt pool from march 10 , 2010 through maturity on october 12 , 2017 , except as discussed below .\ninterest amounts for 2010 and 2011 were deferred until 2012 , and thereafter , interest amounts were paid to participants semi-annually on the interest payment due dates .\nthe company used a portion of the ipo proceeds together with incremental borrowings to redeem $ 324.0 million of the total senior subordinated notes outstanding on august 1 , 2013 .\nin connection with the ipo and the partial redemption of the senior subordinated notes , the company amended the rdu plan to increase the retentive value of the plan .\nin accordance with the original terms of the rdu plan , the principal component of the rdus converted to a cash-denominated pool upon the redemption of the senior subordinated notes .\nin addition , the company added $ 0.1 table of contents cdw corporation and subsidiaries notes to consolidated financial statements .\n\nQuestion: for rdus vested daily on a pro rata basis over the three-year period from january 1 , 2012 , what was the average rdus vesting each year through december 31 , 2014?\\\\n\\\\n[13] : as of december 31 , 2014 , 28500 rdus were outstanding .",
        "solution": "9500"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: OKE/2012/page_91.pdf\n\nID: OKE/2012/page_91.pdf-2\n\nPrevious Text:\ncosts .\nour 2012 results were lower than 2011 when we realized $ 53.1 million in premium-services margins and our storage and marketing margins consisted of $ 96.0 million from realized seasonal price differentials and marketing optimization activities , and $ 87.7 million of storage demand costs .\nin addition , we recognized a loss on the change in fair value of our nonqualifiying economic storage hedges of $ 1.0 million in 2012 compared with a gain of $ 8.5 million in 2011 .\nour premium services were impacted negatively by lower natural gas prices and decreased natural gas price volatility .\nthe impact of our hedge strategies and the inability to hedge seasonal price differentials at levels that were available to us in the prior year significantly reduced our storage margins .\nwe also experienced reduced opportunities to optimize our storage assets , which negatively impacted our marketing margins .\nwe realized a loss in our transportation margins of $ 42.4 million in 2012 compared with a loss of $ 18.8 million in 2011 , due primarily to a $ 29.5 million decrease in transportation hedges .\nour transportation business continues to be impacted by narrow price location differentials and the inability to hedge at levels that were available to us in prior years .\nas a result of significant increases in the supply of natural gas , primarily from shale gas production across north america and new pipeline infrastructure projects , location and seasonal price differentials narrowed significantly beginning in 2010 and continuing through 2012 .\nthis market change resulted in our transportation contracts being unprofitable impacting our ability to recover our fixed costs .\noperating costs decreased due primarily to lower employee-related expenses , which includes the impact of fewer employees .\nwe also recognized an expense of $ 10.3 million related to the impairment of our goodwill in the first quarter 2012 .\ngiven the significant decline in natural gas prices and its effect on location and seasonal price differentials , we performed an interim impairment assessment in the first quarter 2012 that reduced our goodwill balance to zero .\n2011 vs .\n2010 - the factors discussed in energy services 2019 201cnarrative description of the business 201d included in item i , business , of this annual report have led to a significant decrease in net margin , including : 2022 a decrease of $ 65.3 million in transportation margins , net of hedging , due primarily to narrower location price differentials and lower hedge settlements in 2011 ; 2022 a decrease of $ 34.3 million in storage and marketing margins , net of hedging activities , due primarily to the following : 2013 lower realized seasonal storage price differentials ; offset partially by 2013 favorable marketing activity and unrealized fair value changes on nonqualifying economic storage hedges ; 2022 a decrease of $ 7.3 million in premium-services margins , associated primarily with the reduction in the value of the fees collected for these services as a result of low commodity prices and reduced natural gas price volatility in the first quarter 2011 compared with the first quarter 2010 ; and 2022 a decrease of $ 4.3 million in financial trading margins , as low natural gas prices and reduced natural gas price volatility limited our financial trading opportunities .\nadditionally , our 2011 net margin includes $ 91.1 million in adjustments to natural gas inventory reflecting the lower of cost or market value .\nbecause of the adjustments to our inventory value , we reclassified $ 91.1 million of deferred gains on associated cash flow hedges into earnings .\noperating costs decreased due primarily to a decrease in ad valorem taxes .\nselected operating information - the following table sets forth certain selected operating information for our energy services segment for the periods indicated: .\n\nTable Data:\n[['operating information', 'years ended december 31 , 2012', 'years ended december 31 , 2011', 'years ended december 31 , 2010'], ['natural gas marketed ( bcf )', '709', '845', '919'], ['natural gas gross margin ( $ /mcf )', '$ -0.07 ( 0.07 )', '$ 0.06', '$ 0.18'], ['physically settled volumes ( bcf )', '1433', '1724', '1874']]\n\nFollowing Text:\nnatural gas volumes marketed and physically settled volumes decreased in 2012 compared with 2011 due primarily to decreased marketing activities , lower transported volumes and reduced transportation capacity .\nthe decrease in 2011 compared with 2010 was due primarily to lower volumes transported and reduced transportation capacity .\ntransportation capacity in certain markets was not utilized due to the economics of the location price differentials as a result of increased supply of natural gas , primarily from shale production , and increased pipeline capacity as a result of new pipeline construction. .\n\nQuestion: what was the percentage difference in natural gas marketed ( bcf ) between 2011 and 2012?",
        "solution": "-16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_61.pdf\n\nID: UNP/2009/page_61.pdf-3\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations operations and segmentation 2013 we are a class i railroad that operates in the united states .\nwe have 32094 route miles , linking pacific coast and gulf coast ports with the midwest and eastern united states gateways and providing several corridors to key mexican gateways .\nwe serve the western two- thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network .\nthe following table provides revenue by commodity group : millions of dollars 2009 2008 2007 .\n\nTable Data:\n[['millions of dollars', '2009', '2008', '2007'], ['agricultural', '$ 2666', '$ 3174', '$ 2605'], ['automotive', '854', '1344', '1458'], ['chemicals', '2102', '2494', '2287'], ['energy', '3118', '3810', '3134'], ['industrial products', '2147', '3273', '3077'], ['intermodal', '2486', '3023', '2925'], ['total freight revenues', '$ 13373', '$ 17118', '$ 15486'], ['other revenues', '770', '852', '797'], ['total operating revenues', '$ 14143', '$ 17970', '$ 16283']]\n\nFollowing Text:\nalthough our revenues are principally derived from customers domiciled in the united states , the ultimate points of origination or destination for some products transported are outside the united states .\nbasis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the united states of america ( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) .\nsubsequent events evaluation 2013 we evaluated the effects of all subsequent events through february 5 , 2010 , the date of this report , which is concurrent with the date we file this report with the u.s .\nsecurities and exchange commission ( sec ) .\n2 .\nsignificant accounting policies change in accounting principle 2013 we have historically accounted for rail grinding costs as a capital asset .\nbeginning in the first quarter of 2010 , we will change our accounting policy for rail grinding costs .\n\nQuestion: what percent of total freight revenues was the chemicals group in 2009?",
        "solution": "16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LKQ/2007/page_76.pdf\n\nID: LKQ/2007/page_76.pdf-2\n\nPrevious Text:\nlkq corporation and subsidiaries notes to consolidated financial statements ( continued ) note 5 .\nlong-term obligations ( continued ) as part of the consideration for business acquisitions completed during 2007 , 2006 and 2005 , we issued promissory notes totaling approximately $ 1.7 million , $ 7.2 million and $ 6.4 million , respectively .\nthe notes bear interest at annual rates of 3.0% ( 3.0 % ) to 6.0% ( 6.0 % ) , and interest is payable at maturity or in monthly installments .\nwe also assumed certain liabilities in connection with a business acquisition during the second quarter of 2005 , including a promissory note with a remaining principle balance of approximately $ 0.2 million .\nthe annual interest rate on the note , which was retired during 2006 , was note 6 .\ncommitments and contingencies operating leases we are obligated under noncancelable operating leases for corporate office space , warehouse and distribution facilities , trucks and certain equipment .\nthe future minimum lease commitments under these leases at december 31 , 2007 are as follows ( in thousands ) : years ending december 31: .\n\nTable Data:\n[['2008', '$ 42335'], ['2009', '33249'], ['2010', '25149'], ['2011', '17425'], ['2012', '11750'], ['thereafter', '28581'], ['future minimum lease payments', '$ 158489']]\n\nFollowing Text:\nrental expense for operating leases was approximately $ 27.4 million , $ 18.6 million and $ 12.2 million during the years ended december 31 , 2007 , 2006 and 2005 , respectively .\nwe guaranty the residual values of the majority of our truck and equipment operating leases .\nthe residual values decline over the lease terms to a defined percentage of original cost .\nin the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall .\nsimilarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value .\nhad we terminated all of our operating leases subject to these guaranties at december 31 , 2007 , the guarantied residual value would have totaled approximately $ 24.0 million .\nlitigation and related contingencies on december 2 , 2005 , ford global technologies , llc ( 2018 2018ford 2019 2019 ) filed a complaint with the united states international trade commission ( 2018 2018usitc 2019 2019 ) against keystone and five other named respondents , including four taiwan-based manufacturers .\non december 12 , 2005 , ford filed an amended complaint .\nboth the complaint and the amended complaint contended that keystone and the other respondents infringed 14 design patents that ford alleges cover eight parts on the 2004-2005 .\n\nQuestion: what was the percentage change in rental expense from 2006 to 2007?",
        "solution": "47%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_382.pdf\n\nID: ETR/2008/page_382.pdf-4\n\nPrevious Text:\nentergy texas , inc .\nmanagement's financial discussion and analysis dividends or other distributions on its common stock .\ncurrently , all of entergy texas' retained earnings are available for distribution .\nsources of capital entergy texas' sources to meet its capital requirements include : internally generated funds ; cash on hand ; debt or preferred stock issuances ; and bank financing under new or existing facilities .\nentergy texas may refinance or redeem debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable .\nall debt and common and preferred stock issuances by entergy texas require prior regulatory approval .\npreferred stock and debt issuances are also subject to issuance tests set forth in its corporate charter , bond indentures , and other agreements .\nentergy texas has sufficient capacity under these tests to meet its foreseeable capital needs .\nentergy gulf states , inc .\nfiled with the ferc an application , on behalf of entergy texas , for authority to issue up to $ 200 million of short-term debt , up to $ 300 million of tax-exempt bonds , and up to $ 1.3 billion of other long- term securities , including common and preferred or preference stock and long-term debt .\non november 8 , 2007 , the ferc issued orders granting the requested authority for a two-year period ending november 8 , 2009 .\nentergy texas' receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: .\n\nTable Data:\n[['2008', '2007', '2006', '2005'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['( $ 50794 )', '$ 154176', '$ 97277', '$ 136545']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nentergy texas has a credit facility in the amount of $ 100 million scheduled to expire in august 2012 .\nas of december 31 , 2008 , $ 100 million was outstanding on the credit facility .\nin february 2009 , entergy texas repaid its credit facility with the proceeds from the bond issuance discussed below .\non june 2 , 2008 and december 8 , 2008 , under the terms of the debt assumption agreement between entergy texas and entergy gulf states louisiana that is discussed in note 5 to the financial statements , entergy texas paid at maturity $ 148.8 million and $ 160.3 million , respectively , of entergy gulf states louisiana first mortgage bonds , which results in a corresponding decrease in entergy texas' debt assumption liability .\nin december 2008 , entergy texas borrowed $ 160 million from its parent company , entergy corporation , under a $ 300 million revolving credit facility pursuant to an inter-company credit agreement between entergy corporation and entergy texas .\nthis borrowing would have matured on december 3 , 2013 .\nentergy texas used these borrowings , together with other available corporate funds , to pay at maturity the portion of the $ 350 million floating rate series of first mortgage bonds due december 2008 that had been assumed by entergy texas , and that bond series is no longer outstanding .\nin january 2009 , entergy texas repaid its $ 160 million note payable to entergy corporation with the proceeds from the bond issuance discussed below .\nin january 2009 , entergy texas issued $ 500 million of 7.125% ( 7.125 % ) series mortgage bonds due february 2019 .\nentergy texas used a portion of the proceeds to repay its $ 160 million note payable to entergy corporation , to repay the $ 100 million outstanding on its credit facility , and to repay short-term borrowings under the entergy system money pool .\nentergy texas intends to use the remaining proceeds to repay on or prior to maturity approximately $ 70 million of obligations that had been assumed by entergy texas under the debt assumption agreement with entergy gulf states louisiana and for other general corporate purposes. .\n\nQuestion: how much of entergy gulf states louisiana first mortgage bonds , in millions of dollars , were paid by entergy texas in total?",
        "solution": "309.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2012/page_30.pdf\n\nID: FIS/2012/page_30.pdf-3\n\nPrevious Text:\n.\n\nTable Data:\n[['', '12/07', '12/08', '12/09', '12/10', '12/11', '12/12'], ['fidelity national information services inc .', '100.00', '70.08', '101.93', '120.01', '117.34', '157.38'], ['s&p 500', '100.00', '63.00', '79.67', '91.67', '93.61', '108.59'], ['s&p supercap data processing & outsourced services', '100.00', '68.26', '99.41', '97.33', '118.68', '151.90']]\n\nFollowing Text:\ns&p supercap data processing & outsourced 100.00 68.26 99.41 97.33 118.68 151.90 item 6 .\nselected financial data .\nthe selected financial data set forth below constitutes historical financial data of fis and should be read in conjunction with item 7 , management 2019s discussion and analysis of financial condition and results of operations , and item 8 , financial statements and supplementary data , included elsewhere in this report .\non october 1 , 2009 , we completed the acquisition of metavante technologies , inc .\n( \"metavante\" ) .\nthe results of operations and financial position of metavante are included in the consolidated financial statements since the date of acquisition .\non july 2 , 2008 , we completed the spin-off of lender processing services , inc. , which was a former wholly-owned subsidiary ( \"lps\" ) .\nfor accounting purposes , the results of lps are presented as discontinued operations .\naccordingly , all prior periods have been restated to present the results of fis on a stand alone basis and include the results of lps up to july 2 , 2008 , as discontinued operations. .\n\nQuestion: what is the roi of an investment in fidelity national information services from 2007 to 2008?",
        "solution": "-29.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2006/page_61.pdf\n\nID: AMT/2006/page_61.pdf-2\n\nPrevious Text:\nin february 2007 , the fasb issued sfas no .\n159 201cthe fair value option for financial assets and liabilities 2014including an amendment of fasb statement no .\n115 201d ( sfas no .\n159 ) .\nthis statement provides companies with an option to report selected financial assets and liabilities at fair value and establishes presentation and disclosure requirements designed to facilitate comparisons between companies that choose different measurement attributes for similar types of assets and liabilities .\nsfas no .\n159 is effective for us as of january 1 , 2008 .\nwe are in the process of evaluating the impact that sfas no .\n159 will have on our consolidated financial statements .\ninformation presented pursuant to the indentures of our 7.50% ( 7.50 % ) notes , 7.125% ( 7.125 % ) notes and ati 7.25% ( 7.25 % ) the following table sets forth information that is presented solely to address certain tower cash flow reporting requirements contained in the indentures for our 7.50% ( 7.50 % ) notes , 7.125% ( 7.125 % ) notes and ati 7.25% ( 7.25 % ) notes ( collectively , the notes ) .\nthe information contained in note 20 to our consolidated financial statements is also presented to address certain reporting requirements contained in the indenture for our ati 7.25% ( 7.25 % ) notes .\nthe indentures governing the notes contain restrictive covenants with which we and certain subsidiaries under these indentures must comply .\nthese include restrictions on our ability to incur additional debt , guarantee debt , pay dividends and make other distributions and make certain investments .\nany failure to comply with these covenants would constitute a default , which could result in the acceleration of the principal amount and accrued and unpaid interest on all the outstanding notes .\nin order for the holders of the notes to assess our compliance with certain of these covenants , the indentures require us to disclose in the periodic reports we file with the sec our tower cash flow , adjusted consolidated cash flow and non-tower cash flow ( each as defined in the indentures ) .\nunder the indentures , our ability to make certain types of restricted payments is limited by the amount of adjusted consolidated cash flow that we generate , which is determined based on our tower cash flow and non-tower cash flow .\nin addition , the indentures for the notes restrict us from incurring additional debt or issuing certain types of preferred stock if on a pro forma basis the issuance of such debt and preferred stock would cause our consolidated debt to be greater than 7.5 times our adjusted consolidated cash flow .\nas of december 31 , 2006 , the ratio of our consolidated debt to adjusted consolidated cash flow was approximately 4.6 .\nfor more information about the restrictions under our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014factors affecting sources of liquidity . 201d tower cash flow , adjusted consolidated cash flow and non-tower cash flow are considered non-gaap financial measures .\nwe are required to provide these financial metrics by the indentures for the notes , and we have included them below because we consider the indentures for the notes to be material agreements , the covenants related to tower cash flow , adjusted consolidated cash flow and non-tower cash flow to be material terms of the indentures , and information about compliance with such covenants to be material to an investor 2019s understanding of our financial results and the impact of those results on our liquidity .\nthese financial metrics do not include the results of spectrasite or its subsidiaries because such entities are unrestricted subsidiaries under the indentures for the notes .\nthe following table presents tower cash flow , adjusted consolidated cash flow and non-tower cash flow for the company and its restricted subsidiaries , as defined in the indentures for the applicable notes ( in thousands ) : .\n\nTable Data:\n[['tower cash flow for the three months ended december 31 2006', '$ 157311'], ['consolidated cash flow for the twelve months ended december 31 2006', '$ 591 050'], ['less : tower cash flow for the twelve months ended december 31 2006', '-612366 ( 612366 )'], ['plus : four times tower cash flow for the three months ended december 31 2006', '629244'], ['adjusted consolidated cash flow for the twelve months ended december 31 2006', '$ 607928'], ['non-tower cash flow for the twelve months ended december 31 2006', '$ -22614 ( 22614 )']]\n\nFollowing Text:\n.\n\nQuestion: what portion of the adjusted consolidated cash flow for the twelve months ended december 31 , 2006 is related to non-tower cash flow?",
        "solution": "-3.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2018/page_38.pdf\n\nID: RE/2018/page_38.pdf-1\n\nPrevious Text:\nireland .\nholdings ireland , everest dublin holdings , ireland re and ireland insurance conduct business in ireland and are subject to taxation in ireland .\naavailable information .\nthe 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 ) .\nitem 1a .\nrisk 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 .\nif 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 .\nrisks relating to our business fluctuations in the financial markets could result in investment losses .\nprolonged 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 .\nalthough financial markets have significantly improved since 2008 , they could deteriorate in the future .\nthere could also be disruption in individual market sectors , such as occurred in the energy sector in recent years .\nsuch 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 .\nour results could be adversely affected by catastrophic events .\nwe are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .\nany 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 .\nby way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of reinsurance , were as follows: .\n\nTable Data:\n[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2018', '$ 1800.2'], ['2017', '1472.6'], ['2016', '301.2'], ['2015', '53.8'], ['2014', '56.3']]\n\nFollowing Text:\nour losses from future catastrophic events could exceed our projections .\nwe use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .\nwe 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 .\nthese 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. .\n\nQuestion: what are the total pre-tax catastrophe losses in the last three years?",
        "solution": "3574"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2015/page_44.pdf\n\nID: IP/2015/page_44.pdf-2\n\nPrevious Text:\ncompared with $ 6.2 billion in 2013 .\noperating profits in 2015 were significantly higher than in both 2014 and 2013 .\nexcluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .\nbenefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .\nin addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .\nduring 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .\nthe net book value of these assets at december 31 , 2013 was approximately $ 470 million .\nin the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .\nwe recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .\noperating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .\nprinting papers .\n\nTable Data:\n[['in millions', '2015', '2014', '2013'], ['sales', '$ 5031', '$ 5720', '$ 6205'], ['operating profit ( loss )', '533', '-16 ( 16 )', '271']]\n\nFollowing Text:\nnorth american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .\noperating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .\nsales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .\nshipments to the domestic market increased , but export shipments declined .\naverage sales price realizations decreased , primarily in the domestic market .\ninput costs were lower , mainly for energy .\nplanned maintenance downtime costs were $ 12 million higher in 2015 .\noperating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .\nentering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .\naverage sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .\ninput costs are expected to be stable .\nplanned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .\nin january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .\nh .\nglatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .\nthe petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .\nin january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .\nalso , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .\nin february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .\nmarket had been injured by imports of the products .\naccordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .\nwe do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .\nbrazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .\noperating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .\nsales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .\naverage sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .\nmargins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .\nraw material costs increased for energy and wood .\noperating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .\n\nQuestion: what percentage of printing paper sales where north american printing papers net sales 2014?",
        "solution": "37%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_335.pdf\n\nID: ETR/2004/page_335.pdf-2\n\nPrevious Text:\ndomestic utility companies and system energy notes to respective financial statements protested the disallowance of these deductions to the office of irs appeals .\nentergy expects to receive a notice of deficiency in 2005 for this item , and plans to vigorously contest this matter .\nentergy believes that the contingency provision established in its financial statements sufficiently covers the risk associated with this item .\nmark to market of certain power contracts in 2001 , entergy louisiana changed its method of accounting for tax purposes related to its wholesale electric power contracts .\nthe most significant of these is the contract to purchase power from the vidalia hydroelectric project .\nthe new tax accounting method has provided a cumulative cash flow benefit of approximately $ 790 million as of december 31 , 2004 .\nthe related irs interest exposure is $ 93 million at december 31 , 2004 .\nthis benefit is expected to reverse in the years 2005 through 2031 .\nthe election did not reduce book income tax expense .\nthe timing of the reversal of this benefit depends on several variables , including the price of power .\ndue to the temporary nature of the tax benefit , the potential interest charge represents entergy's net earnings exposure .\nentergy louisiana's 2001 tax return is currently under examination by the irs , though no adjustments have yet been proposed with respect to the mark to market election .\nentergy believes that the contingency provision established in its financial statements will sufficiently cover the risk associated with this issue .\ncashpoint bankruptcy ( entergy arkansas , entergy gulf states , entergy louisiana , entergy mississippi , and entergy new orleans ) in 2003 the domestic utility companies entered an agreement with cashpoint network services ( cashpoint ) under which cashpoint was to manage a network of payment agents through which entergy's utility customers could pay their bills .\nthe payment agent system allows customers to pay their bills at various commercial or governmental locations , rather than sending payments by mail .\napproximately one-third of entergy's utility customers use payment agents .\non april 19 , 2004 , cashpoint failed to pay funds due to the domestic utility companies that had been collected through payment agents .\nthe domestic utility companies then obtained a temporary restraining order from the civil district court for the parish of orleans , state of louisiana , enjoining cashpoint from distributing funds belonging to entergy , except by paying those funds to entergy .\non april 22 , 2004 , a petition for involuntary chapter 7 bankruptcy was filed against cashpoint by other creditors in the united states bankruptcy court for the southern district of new york .\nin response to these events , the domestic utility companies expanded an existing contract with another company to manage all of their payment agents .\nthe domestic utility companies filed proofs of claim in the cashpoint bankruptcy proceeding in september 2004 .\nalthough entergy cannot precisely determine at this time the amount that cashpoint owes to the domestic utility companies that may not be repaid , it has accrued an estimate of loss based on current information .\nif no cash is repaid to the domestic utility companies , an event entergy does not believe is likely , the current estimates of maximum exposure to loss are approximately as follows : amount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['entergy arkansas', '$ 1.8'], ['entergy gulf states', '$ 7.7'], ['entergy louisiana', '$ 8.8'], ['entergy mississippi', '$ 4.3'], ['entergy new orleans', '$ 2.4']]\n\nFollowing Text:\nenvironmental issues ( entergy gulf states ) entergy gulf states has been designated as a prp for the cleanup of certain hazardous waste disposal sites .\nas of december 31 , 2004 , entergy gulf states does not expect the remaining clean-up costs to exceed its recorded liability of $ 1.5 million for the remaining sites at which the epa has designated entergy gulf states as a prp. .\n\nQuestion: what is the maximum exposure to loss for entergy if no cash is repaid to domestic utility companies , in millions?",
        "solution": "25"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ILMN/2008/page_87.pdf\n\nID: ILMN/2008/page_87.pdf-2\n\nPrevious Text:\nexecutive deferred compensation plan for the company 2019s executives and members of the board of directors , the company adopted the illumina , inc .\ndeferred compensation plan ( the plan ) that became effective january 1 , 2008 .\neligible participants can contribute up to 80% ( 80 % ) of their base salary and 100% ( 100 % ) of all other forms of compensation into the plan , including bonus , commission and director fees .\nthe company has agreed to credit the participants 2019 contributions with earnings that reflect the performance of certain independent investment funds .\non a discretionary basis , the company may also make employer contributions to participant accounts in any amount determined by the company .\nthe vesting schedules of employer contributions are at the sole discretion of the compensation committee .\nhowever , all employer contributions shall become 100% ( 100 % ) vested upon the occurrence of the participant 2019s disability , death or retirement or a change in control of the company .\nthe benefits under this plan are unsecured .\nparticipants are generally eligible to receive payment of their vested benefit at the end of their elected deferral period or after termination of their employment with the company for any reason or at a later date to comply with the restrictions of section 409a .\nas of december 28 , 2008 , no employer contributions were made to the plan .\nin january 2008 , the company also established a rabbi trust for the benefit of its directors and executives under the plan .\nin accordance with fasb interpretation ( fin ) no .\n46 , consolidation of variable interest entities , an interpretation of arb no .\n51 , and eitf 97-14 , accounting for deferred compensation arrangements where amounts earned are held in a rabbi trust and invested , the company has included the assets of the rabbi trust in its consolidated balance sheet since the trust 2019s inception .\nas of december 28 , 2008 , the assets of the trust and liabilities of the company were $ 1.3 million .\nthe assets and liabilities are classified as other assets and accrued liabilities , respectively , on the company 2019s balance sheet as of december 28 , 2008 .\nchanges in the values of the assets held by the rabbi trust accrue to the company .\n14 .\nsegment information , geographic data and significant customers during the first quarter of 2008 , the company reorganized its operating structure into a newly created life sciences business unit , which includes all products and services related to the research market , namely the beadarray , beadxpress and sequencing product lines .\nthe company also created a diagnostics business unit to focus on the emerging opportunity in molecular diagnostics .\nfor the year ended december 28 , 2008 , the company had limited activity related to the diagnostics business unit , and operating results were reported on an aggregate basis to the chief operating decision maker of the company , the chief executive officer .\nin accordance with sfas no .\n131 , disclosures about segments of an enterprise and related information , the company operated in one reportable segment for the year ended december 28 , 2008 .\nthe company had revenue in the following regions for the years ended december 28 , 2008 , december 30 , 2007 and december 31 , 2006 ( in thousands ) : year ended december 28 , year ended december 30 , year ended december 31 .\n\nTable Data:\n[['', 'year ended december 28 2008', 'year ended december 30 2007', 'year ended december 31 2006'], ['united states', '$ 280064', '$ 207692', '$ 103043'], ['united kingdom', '67973', '34196', '22840'], ['other european countries', '127397', '75360', '32600'], ['asia-pacific', '72740', '35155', '15070'], ['other markets', '25051', '14396', '11033'], ['total', '$ 573225', '$ 366799', '$ 184586']]\n\nFollowing Text:\nnet revenues are attributable to geographic areas based on the region of destination .\nillumina , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: for the year ended december 28 , 2008 what was the ratio of the united states to the united kingdom revenues",
        "solution": "4.12"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2001/page_86.pdf\n\nID: PKG/2001/page_86.pdf-1\n\nPrevious Text:\nthe containerboard group ( a division of tenneco packaging inc. ) notes to combined financial statements ( continued ) april 11 , 1999 14 .\nleases ( continued ) to the sale transaction on april 12 , 1999 .\ntherefore , the remaining outstanding aggregate minimum rental commitments under noncancelable operating leases are as follows : ( in thousands ) .\n\nTable Data:\n[['remainder of 1999', '$ 7606'], ['2000', '7583'], ['2001', '4891'], ['2002', '3054'], ['2003', '1415'], ['thereafter', '1178'], ['total', '$ 25727']]\n\nFollowing Text:\n15 .\nsale of assets in the second quarter of 1996 , packaging entered into an agreement to form a joint venture with caraustar industries whereby packaging sold its two recycled paperboard mills and a fiber recycling operation and brokerage business to the joint venture in return for cash and a 20% ( 20 % ) equity interest in the joint venture .\nproceeds from the sale were approximately $ 115 million and the group recognized a $ 50 million pretax gain ( $ 30 million after taxes ) in the second quarter of 1996 .\nin june , 1998 , packaging sold its remaining 20% ( 20 % ) equity interest in the joint venture to caraustar industries for cash and a note of $ 26000000 .\nthe group recognized a $ 15 million pretax gain on this transaction .\nat april 11 , 1999 , the balance of the note with accrued interest is $ 27122000 .\nthe note was paid in june , 1999 .\n16 .\nsubsequent events on august 25 , 1999 , pca and packaging agreed that the acquisition consideration should be reduced as a result of a postclosing price adjustment by an amount equal to $ 20 million plus interest through the date of payment by packaging .\nthe group recorded $ 11.9 million of this amount as part of the impairment charge on the accompanying financial statements , representing the amount that was previously estimated by packaging .\npca intends to record the remaining amount in september , 1999 .\nin august , 1999 , pca signed purchase and sales agreements with various buyers to sell approximately 405000 acres of timberland .\npca has completed the sale of approximately 260000 of these acres and expects to complete the sale of the remaining acres by mid-november , 1999. .\n\nQuestion: of the post-closing price adjustment of $ 20 million plus interest , what percentage was recognized as part of the impairment charge on the accompanying financial statements?",
        "solution": "59.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2018/page_255.pdf\n\nID: C/2018/page_255.pdf-1\n\nPrevious Text:\nfor the years ended december a031 , 2018 , 2017 and 2016 , the amounts recognized in principal transactions in the consolidated statement of income related to derivatives not designated in a qualifying hedging relationship , as well as the underlying non-derivative instruments , are presented in note a06 to the consolidated financial statements .\ncitigroup presents this disclosure by showing derivative gains and losses related to its trading activities together with gains and losses related to non-derivative instruments within the same trading portfolios , as this represents how these portfolios are risk managed .\nthe amounts recognized in other revenue in the consolidated statement of income related to derivatives not designated in a qualifying hedging relationship are shown below .\nthe table below does not include any offsetting gains ( losses ) on the economically hedged items to the extent that such amounts are also recorded in other revenue .\ngains ( losses ) included in other revenue year ended december 31 .\n\nTable Data:\n[['in millions of dollars', 'gains ( losses ) included inother revenue year ended december 31 , 2018', 'gains ( losses ) included inother revenue year ended december 31 , 2017', 'gains ( losses ) included inother revenue year ended december 31 , 2016'], ['interest rate contracts', '$ -25 ( 25 )', '$ -73 ( 73 )', '$ 51'], ['foreign exchange', '-197 ( 197 )', '2062', '-847 ( 847 )'], ['credit derivatives', '-155 ( 155 )', '-538 ( 538 )', '-1174 ( 1174 )'], ['total', '$ -377 ( 377 )', '$ 1451', '$ -1970 ( 1970 )']]\n\nFollowing Text:\naccounting for derivative hedging citigroup accounts for its hedging activities in accordance with asc 815 , derivatives and hedging .\nas a general rule , hedge accounting is permitted where the company is exposed to a particular risk , such as interest rate or foreign exchange risk , that causes changes in the fair value of an asset or liability or variability in the expected future cash flows of an existing asset , liability or a forecasted transaction that may affect earnings .\nderivative contracts hedging the risks associated with changes in fair value are referred to as fair value hedges , while contracts hedging the variability of expected future cash flows are cash flow hedges .\nhedges that utilize derivatives or debt instruments to manage the foreign exchange risk associated with equity investments in non-u.s.-dollar-functional- currency foreign subsidiaries ( net investment in a foreign operation ) are net investment hedges .\nto qualify as an accounting hedge under the hedge accounting rules ( versus an economic hedge where hedge accounting is not applied ) , a hedging relationship must be highly effective in offsetting the risk designated as being hedged .\nthe hedging relationship must be formally documented at inception , detailing the particular risk management objective and strategy for the hedge .\nthis includes the item and risk ( s ) being hedged , the hedging instrument being used and how effectiveness will be assessed .\nthe effectiveness of these hedging relationships is evaluated at hedge inception and on an ongoing basis both on a retrospective and prospective basis , typically using quantitative measures of correlation , with hedge ineffectiveness measured and recorded in current earnings .\nhedge effectiveness assessment methodologies are performed in a similar manner for similar hedges , and are used consistently throughout the hedging relationships .\nthe assessment of effectiveness may exclude changes in the value of the hedged item that are unrelated to the risks being hedged and the changes in fair value of the derivative associated with time value .\nprior to january 1 , 2018 , these excluded items were recognized in current earnings for the hedging derivative , while changes in the value of a hedged item that were not related to the hedged risk were not recorded .\nupon adoption of asc 2017-12 , citi excludes changes in the cross currency basis associated with cross currency swaps from the assessment of hedge effectiveness and records it in other comprehensive income .\ndiscontinued hedge accounting a hedging instrument must be highly effective in accomplishing the hedge objective of offsetting either changes in the fair value or cash flows of the hedged item for the risk being hedged .\nmanagement may voluntarily de-designate an accounting hedge at any time , but if a hedging relationship is not highly effective , it no longer qualifies for hedge accounting and must be de-designated .\nsubsequent changes in the fair value of the derivative are recognized in other revenue or principal transactions , similar to trading derivatives , with no offset recorded related to the hedged item .\nfor fair value hedges , any changes in the fair value of the hedged item remain as part of the basis of the asset or liability and are ultimately realized as an element of the yield on the item .\nfor cash flow hedges , changes in fair value of the end-user derivative remain in accumulated other comprehensive income ( loss ) ( aoci ) and are included in the earnings of future periods when the forecasted hedged cash flows impact earnings .\nhowever , if it becomes probable that some or all of the hedged forecasted transactions will not occur , any amounts that remain in aoci related to these transactions must be immediately reflected in other revenue .\nthe foregoing criteria are applied on a decentralized basis , consistent with the level at which market risk is managed , but are subject to various limits and controls .\nthe underlying asset , liability or forecasted transaction may be an individual item or a portfolio of similar items. .\n\nQuestion: what was the net change in gains from 2017 to 2018",
        "solution": "-1828"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2004/page_27.pdf\n\nID: DRE/2004/page_27.pdf-3\n\nPrevious Text:\ngain on land sales are derived from sales of undeveloped land owned by us .\nwe pursue opportunities to dispose of land in markets with a high concentration of undeveloped land and in those markets where the land no longer meets our strategic development plans .\nthe increase was partially attributable to a land sale to a current corporate tenant for potential future expansion .\nwe recorded $ 424000 and $ 560000 of impairment charges associated with contracts to sell land parcels for the years ended december 31 , 2004 and 2003 , respectively .\nas of december 31 , 2004 , only one parcel on which we recorded impairment charges is still owned by us .\nwe anticipate selling this parcel in the first quarter of 2005 .\ndiscontinued operations we have classified operations of 86 buildings as discontinued operations as of december 31 , 2004 .\nthese 86 buildings consist of 69 industrial , 12 office and five retail properties .\nas a result , we classified net income from operations , net of minority interest , of $ 1.6 million , $ 6.3 million and $ 10.7 million as net income from discontinued operations for the years ended december 31 , 2004 , 2003 and 2002 , respectively .\nin addition , 41 of the properties classified in discontinued operations were sold during 2004 , 42 properties were sold during 2003 , two properties were sold during 2002 and one operating property is classified as held-for-sale at december 31 , 2004 .\nthe gains on disposal of these properties , net of impairment adjustment and minority interest , of $ 23.9 million and $ 11.8 million for the years ended december 31 , 2004 and 2003 , respectively , are also reported in discontinued operations .\nfor the year ended december 31 , 2002 , a $ 4.5 million loss on disposal of properties , net of impairment adjustments and minority interest , is reported in discontinued operations due to impairment charges of $ 7.7 million recorded on three properties in 2002 that were later sold in 2003 and 2004 .\ncomparison of year ended december 31 , 2003 to year ended december 31 , 2002 rental income from continuing operations rental income from continuing operations increased from $ 652.8 million in 2002 to $ 689.3 million in 2003 .\nthe following table reconciles rental income by reportable segment to our total reported rental income from continuing operations for the years ended december 31 , 2003 and 2002 ( in thousands ) : .\n\nTable Data:\n[['', '2003', '2002'], ['office', '$ 419962', '$ 393810'], ['industrial', '259762', '250391'], ['retail', '5863', '4733'], ['other', '3756', '3893'], ['total', '$ 689343', '$ 652827']]\n\nFollowing Text:\nalthough our three reportable segments comprising rental operations ( office , industrial and retail ) are all within the real estate industry , they are not necessarily affected by the same economic and industry conditions .\nfor example , our retail segment experienced high occupancies and strong overall performance during 2003 , while our office and industrial segments reflected the weaker economic environment for those property types .\nthe primary causes of the increase in rental income from continuing operations , with specific references to a particular segment when applicable , are summarized below : 25cf during 2003 , in-service occupancy improved from 87.1% ( 87.1 % ) at the end of 2002 to 89.3% ( 89.3 % ) at the end of 2003 .\nthe second half of 2003 was highlighted by a significant increase in the industrial portfolio occupancy of 2.1% ( 2.1 % ) along with a slight increase in office portfolio occupancy of 0.9% ( 0.9 % ) .\n25cf lease termination fees totaled $ 27.4 million in 2002 compared to $ 16.2 million in 2003 .\nmost of this decrease was attributable to the office segment , which recognized $ 21.1 million of termination fees in 2002 as compared to $ 11.8 million in 2003 .\nlease termination fees relate to specific tenants that pay a fee to terminate their lease obligations before the end of the contractual lease term .\nthe high volume of termination fees in 2002 was reflective of the contraction of the business of large office users during that year and their desire to downsize their use of office space .\nthe decrease in termination fees for 2003 was indicative of an improving economy and a more stable financial position of our tenants .\n25cf during the year ended 2003 , we acquired $ 232 million of properties totaling 2.1 million square feet .\nthe acquisitions were primarily class a office buildings in existing markets with overall occupancy near 90% ( 90 % ) .\nrevenues associated with these acquisitions totaled $ 11.9 million in 2003 .\nin addition , revenues from 2002 acquisitions totaled $ 15.8 million in 2003 compared to $ 4.8 million in 2002 .\nthis significant increase is primarily due to a large office acquisition that closed at the end of december 2002 .\n25cf developments placed in-service in 2003 provided revenues of $ 6.6 million , while revenues associated with developments placed in-service in 2002 totaled $ 13.7 million in 2003 compared to $ 4.7 million in 25cf proceeds from dispositions of held for rental properties totaled $ 126.1 million in 2003 , compared to $ 40.9 million in 2002 .\nthese properties generated revenue of $ 12.5 million in 2003 versus $ 19.6 million in 2002 .\nequity in earnings of unconsolidated companies equity in earnings represents our ownership share of net income from investments in unconsolidated companies .\nthese joint ventures generally own and operate rental properties and hold land for development .\nthese earnings decreased from $ 27.2 million in 2002 to $ 23.7 million in 2003 .\nthis decrease is a result of the following significant activity: .\n\nQuestion: what are the lease termination fees as a percentage of rental income from continuing operations in 2003?",
        "solution": "2.35%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2009/page_112.pdf\n\nID: MA/2009/page_112.pdf-4\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2019 for the pension plans , including those payments expected to be paid from the company 2019s general assets .\nsince the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefit payments. .\n\nTable Data:\n[['2010', '$ 18181'], ['2011', '27090'], ['2012', '21548'], ['2013', '25513'], ['2014', '24002'], ['2015-2019', '128494']]\n\nFollowing Text:\nsubstantially all of the company 2019s u.s .\nemployees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company .\nthe savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines .\nthe company matches a percentage of employees 2019 contributions up to certain limits .\nin 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year .\nbeginning in 2008 , the discretionary profit sharing amount related to prior year company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan .\nin addition , the company has several defined contribution plans outside of the united states .\nthe company 2019s contribution expense related to all of its defined contribution plans was $ 40627 , $ 35341 and $ 26996 for 2009 , 2008 and 2007 , respectively .\nnote 13 .\npostemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s .\nemployees hired before july 1 , 2007 .\nthe company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 .\nthe impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007 .\nin 2009 , the company recorded a $ 3944 benefit expense as a result of enhanced postretirement medical benefits under the postretirement plan provided to employees that chose to participate in a voluntary transition program. .\n\nQuestion: what was the ratio of the company 2019s contribution expense related to all of its defined contribution plans for 2009 to 2008",
        "solution": "1.15"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2013/page_175.pdf\n\nID: STT/2013/page_175.pdf-2\n\nPrevious Text:\nstate street corporation notes to consolidated financial statements ( continued ) with respect to the 5.25% ( 5.25 % ) subordinated bank notes due 2018 , state street bank is required to make semi- annual interest payments on the outstanding principal balance of the notes on april 15 and october 15 of each year , and the notes qualify for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines .\nwith respect to the 5.30% ( 5.30 % ) subordinated notes due 2016 and the floating-rate subordinated notes due 2015 , state street bank is required to make semi-annual interest payments on the outstanding principal balance of the 5.30% ( 5.30 % ) subordinated notes on january 15 and july 15 of each year , and quarterly interest payments on the outstanding principal balance of the floating-rate notes on march 8 , june 8 , september 8 and december 8 of each year .\neach of the subordinated notes qualifies for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines .\nnote 11 .\ncommitments , guarantees and contingencies commitments : we had unfunded off-balance sheet commitments to extend credit totaling $ 21.30 billion and $ 17.86 billion as of december 31 , 2013 and 2012 , respectively .\nthe potential losses associated with these commitments equal the gross contractual amounts , and do not consider the value of any collateral .\napproximately 75% ( 75 % ) of our unfunded commitments to extend credit expire within one year from the date of issue .\nsince many of these commitments are expected to expire or renew without being drawn upon , the gross contractual amounts do not necessarily represent our future cash requirements .\nguarantees : off-balance sheet guarantees are composed of indemnified securities financing , stable value protection , unfunded commitments to purchase assets , and standby letters of credit .\nthe potential losses associated with these guarantees equal the gross contractual amounts , and do not consider the value of any collateral .\nthe following table presents the aggregate gross contractual amounts of our off-balance sheet guarantees as of december 31 , 2013 and 2012 .\namounts presented do not reflect participations to independent third parties. .\n\nTable Data:\n[['( in millions )', '2013', '2012'], ['indemnified securities financing', '$ 320078', '$ 302341'], ['stable value protection', '24906', '33512'], ['asset purchase agreements', '4685', '5063'], ['standby letters of credit', '4612', '4552']]\n\nFollowing Text:\nindemnified securities financing on behalf of our clients , we lend their securities , as agent , to brokers and other institutions .\nin most circumstances , we indemnify our clients for the fair market value of those securities against a failure of the borrower to return such securities .\nwe require the borrowers to maintain collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .\nsecurities on loan and the collateral are revalued daily to determine if additional collateral is necessary or if excess collateral is required to be returned to the borrower .\ncollateral received in connection with our securities lending services is held by us as agent and is not recorded in our consolidated statement of condition .\nthe cash collateral held by us as agent is invested on behalf of our clients .\nin certain cases , the cash collateral is invested in third-party repurchase agreements , for which we indemnify the client against loss of the principal invested .\nwe require the counterparty to the indemnified repurchase agreement to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .\nin our role as agent , the indemnified repurchase agreements and the related collateral held by us are not recorded in our consolidated statement of condition. .\n\nQuestion: what is the percentage change in the balance of asset purchase agreements from 2012 to 2013?",
        "solution": "-7.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2001/page_36.pdf\n\nID: STT/2001/page_36.pdf-4\n\nPrevious Text:\nan average of 7.1 in 2000 .\nthe top 100 largest clients used an average of 11.3 products in 2001 , up from an average of 11.2 in 2000 .\nstate street benefits significantly from its ability to derive revenue from the transaction flows of clients .\nthis occurs through the management of cash positions , including deposit balances and other short-term investment activities , using state street 2019s balance sheet capacity .\nsignificant foreign currency transaction volumes provide potential for foreign exchange trading revenue as well .\nfee revenue total operating fee revenuewas $ 2.8 billion in 2001 , compared to $ 2.7 billion in 2000 , an increase of 6% ( 6 % ) .\nadjusted for the formation of citistreet , the growth in fee revenue was 8% ( 8 % ) .\ngrowth in servicing fees of $ 199million , or 14% ( 14 % ) , was the primary contributor to the increase in fee revenue .\nthis growth primarily reflects several large client wins installed starting in the latter half of 2000 and continuing throughout 2001 , and strength in fee revenue from securities lending .\ndeclines in equity market values worldwide offset some of the growth in servicing fees .\nmanagement fees were down 5% ( 5 % ) , adjusted for the formation of citistreet , reflecting the decline in theworldwide equitymarkets .\nforeign exchange trading revenue was down 5% ( 5 % ) , reflecting lower currency volatility , and processing fees and other revenue was up 21% ( 21 % ) , primarily due to gains on the sales of investment securities .\nservicing and management fees are a function of several factors , including the mix and volume of assets under custody and assets under management , securities positions held , and portfolio transactions , as well as types of products and services used by clients .\nstate street estimates , based on a study conducted in 2000 , that a 10% ( 10 % ) increase or decrease in worldwide equity values would cause a corresponding change in state street 2019s total revenue of approximately 2% ( 2 % ) .\nif bond values were to increase or decrease by 10% ( 10 % ) , state street would anticipate a corresponding change of approximately 1% ( 1 % ) in its total revenue .\nsecurities lending revenue in 2001 increased approximately 40% ( 40 % ) over 2000 .\nsecurities lending revenue is reflected in both servicing fees and management fees .\nsecurities lending revenue is a function of the volume of securities lent and interest rate spreads .\nwhile volumes increased in 2001 , the year-over-year increase is primarily due to wider interest rate spreads resulting from the unusual occurrence of eleven reductions in the u.s .\nfederal funds target rate during 2001 .\nf e e r e v e n u e ( dollars in millions ) 2001 ( 1 ) 2000 1999 ( 2 ) change adjusted change 00-01 ( 3 ) .\n\nTable Data:\n[['( dollars in millions )', '2001 ( 1 )', '2000', '1999 ( 2 )', 'change 00-01', 'adjusted change 00-01 ( 3 )'], ['servicing fees', '$ 1624', '$ 1425', '$ 1170', '14% ( 14 % )', '14% ( 14 % )'], ['management fees', '511', '581', '600', '-12 ( 12 )', '-5 ( 5 )'], ['foreign exchange trading', '368', '387', '306', '-5 ( 5 )', '-5 ( 5 )'], ['processing fees and other', '329', '272', '236', '21', '21'], ['total fee revenue', '$ 2832', '$ 2665', '$ 2312', '6', '8']]\n\nFollowing Text:\n( 1 ) 2001 results exclude the write-off of state street 2019s total investment in bridge of $ 50 million ( 2 ) 1999 results exclude the one-time charge of $ 57 million related to the repositioning of the investment portfolio ( 3 ) 2000 results adjusted for the formation of citistreet 4 state street corporation .\n\nQuestion: what is the growth rate in total fee revenue in 2000?",
        "solution": "15.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2016/page_7.pdf\n\nID: RCL/2016/page_7.pdf-2\n\nPrevious Text:\nthe following table details the growth in global weighted average berths and the global , north american , european and asia/pacific cruise guests over the past five years ( in thousands , except berth data ) : weighted- average supply of berths marketed globally ( 1 ) caribbean cruises ltd .\ntotal berths ( 2 ) global cruise guests ( 1 ) american cruise guests ( 1 ) ( 3 ) european cruise guests ( 1 ) ( 4 ) asia/pacific cruise guests ( 1 ) ( 5 ) .\n\nTable Data:\n[['year', 'weighted-averagesupply ofberthsmarketedglobally ( 1 )', 'royal caribbean cruises ltd . total berths ( 2 )', 'globalcruiseguests ( 1 )', 'north american cruise guests ( 1 ) ( 3 )', 'european cruise guests ( 1 ) ( 4 )', 'asia/pacific cruise guests ( 1 ) ( 5 )'], ['2012', '425000', '98650', '20813', '11641', '6225', '1474'], ['2013', '432000', '98750', '21343', '11710', '6430', '2045'], ['2014', '448000', '105750', '22039', '12269', '6387', '2382'], ['2015', '469000', '112700', '23000', '12004', '6587', '3129'], ['2016', '493000', '123270', '24000', '12581', '6542', '3636']]\n\nFollowing Text:\n_______________________________________________________________________________ ( 1 ) source : our estimates of the number of global cruise guests and the weighted-average supply of berths marketed globally are based on a combination of data that we obtain from various publicly available cruise industry trade information sources .\nwe use data obtained from seatrade insider , cruise industry news and company press releases to estimate weighted-average supply of berths and clia and g.p .\nwild to estimate cruise guest information .\nin addition , our estimates incorporate our own statistical analysis utilizing the same publicly available cruise industry data as a base .\n( 2 ) total berths include our berths related to our global brands and partner brands .\n( 3 ) our estimates include the united states and canada .\n( 4 ) our estimates include european countries relevant to the industry ( e.g. , nordics , germany , france , italy , spain and the united kingdom ) .\n( 5 ) our estimates include the southeast asia ( e.g. , singapore , thailand and the philippines ) , east asia ( e.g. , china and japan ) , south asia ( e.g. , india and pakistan ) and oceanian ( e.g. , australia and fiji islands ) regions .\nnorth america the majority of industry cruise guests are sourced from north america , which represented approximately 52% ( 52 % ) of global cruise guests in 2016 .\nthe compound annual growth rate in cruise guests sourced from this market was approximately 2% ( 2 % ) from 2012 to 2016 .\neurope industry cruise guests sourced from europe represented approximately 27% ( 27 % ) of global cruise guests in 2016 .\nthe compound annual growth rate in cruise guests sourced from this market was approximately 1% ( 1 % ) from 2012 to 2016 .\nasia/pacific industry cruise guests sourced from the asia/pacific region represented approximately 15% ( 15 % ) of global cruise guests in 2016 .\nthe compound annual growth rate in cruise guests sourced from this market was approximately 25% ( 25 % ) from 2012 to 2016 .\nthe asia/pacific region is experiencing the highest growth rate of the major regions , although it will continue to represent a relatively small sector compared to north america .\ncompetition we compete with a number of cruise lines .\nour principal competitors are carnival corporation & plc , which owns , among others , aida cruises , carnival cruise line , costa cruises , cunard line , holland america line , p&o cruises , princess cruises and seabourn ; disney cruise line ; msc cruises ; and norwegian cruise line holdings ltd , which owns norwegian cruise line , oceania cruises and regent seven seas cruises .\ncruise lines compete with .\n\nQuestion: what percentage increase in asian cruise guests occurred between 2012 and 2016?",
        "solution": "146.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2013/page_70.pdf\n\nID: IP/2013/page_70.pdf-2\n\nPrevious Text:\naverage cost of debt from 7.1% ( 7.1 % ) to an effective rate of 6.9% ( 6.9 % ) .\nthe inclusion of the offsetting interest income from short-term investments reduced this effective rate to 6.26% ( 6.26 % ) .\nother financing activities during 2011 included the issuance of approximately 0.3 million shares of treasury stock for various incentive plans and the acquisition of 1.0 million shares of treasury stock primarily related to restricted stock withholding taxes .\npayments of restricted stock withholding taxes totaled $ 30 million .\noff-balance sheet variable interest entities information concerning off-balance sheet variable interest entities is set forth in note 12 variable interest entities and preferred securities of subsidiaries on pages 72 through 75 of item 8 .\nfinancial statements and supplementary data for discussion .\nliquidity and capital resources outlook for 2014 capital expenditures and long-term debt international paper expects to be able to meet projected capital expenditures , service existing debt and meet working capital and dividend requirements during 2014 through current cash balances and cash from operations .\nadditionally , the company has existing credit facilities totaling $ 2.0 billion .\nthe company was in compliance with all its debt covenants at december 31 , 2013 .\nthe company 2019s financial covenants require the maintenance of a minimum net worth of $ 9 billion and a total debt-to- capital ratio of less than 60% ( 60 % ) .\nnet worth is defined as the sum of common stock , paid-in capital and retained earnings , less treasury stock plus any cumulative goodwill impairment charges .\nthe calculation also excludes accumulated other comprehensive income/ loss and nonrecourse financial liabilities of special purpose entities .\nthe total debt-to-capital ratio is defined as total debt divided by the sum of total debt plus net worth .\nat december 31 , 2013 , international paper 2019s net worth was $ 15.1 billion , and the total-debt- to-capital ratio was 39% ( 39 % ) .\nthe company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows .\nfunding decisions will be guided by our capital structure planning objectives .\nthe primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense .\nthe majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors .\nmaintaining an investment grade credit rating is an important element of international paper 2019s financing strategy .\nat december 31 , 2013 , the company held long-term credit ratings of bbb ( stable outlook ) and baa3 ( stable outlook ) by s&p and moody 2019s , respectively .\ncontractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2013 , were as follows: .\n\nTable Data:\n[['in millions', '2014', '2015', '2016', '2017', '2018', 'thereafter'], ['maturities of long-term debt ( a )', '$ 661', '$ 498', '$ 571', '$ 285', '$ 1837', '$ 5636'], ['debt obligations with right of offset ( b )', '2014', '2014', '5185', '2014', '2014', '2014'], ['lease obligations', '171', '133', '97', '74', '59', '162'], ['purchase obligations ( c )', '3170', '770', '642', '529', '453', '2404'], ['total ( d )', '$ 4002', '$ 1401', '$ 6495', '$ 888', '$ 2349', '$ 8202']]\n\nFollowing Text:\n( a ) total debt includes scheduled principal payments only .\n( b ) represents debt obligations borrowed from non-consolidated variable interest entities for which international paper has , and intends to effect , a legal right to offset these obligations with investments held in the entities .\naccordingly , in its consolidated balance sheet at december 31 , 2013 , international paper has offset approximately $ 5.2 billion of interests in the entities against this $ 5.2 billion of debt obligations held by the entities ( see note 12 variable interest entities and preferred securities of subsidiaries on pages 72 through 75 in item 8 .\nfinancial statements and supplementary data ) .\n( c ) includes $ 3.3 billion relating to fiber supply agreements entered into at the time of the 2006 transformation plan forestland sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business .\n( d ) not included in the above table due to the uncertainty as to the amount and timing of the payment are unrecognized tax benefits of approximately $ 146 million .\nwe consider the undistributed earnings of our foreign subsidiaries as of december 31 , 2013 , to be indefinitely reinvested and , accordingly , no u.s .\nincome taxes have been provided thereon .\nas of december 31 , 2013 , the amount of cash associated with indefinitely reinvested foreign earnings was approximately $ 900 million .\nwe do not anticipate the need to repatriate funds to the united states to satisfy domestic liquidity needs arising in the ordinary course of business , including liquidity needs associated with our domestic debt service requirements .\npension obligations and funding at december 31 , 2013 , the projected benefit obligation for the company 2019s u.s .\ndefined benefit plans determined under u.s .\ngaap was approximately $ 2.2 billion higher than the fair value of plan assets .\napproximately $ 1.8 billion of this amount relates to plans that are subject to minimum funding requirements .\nunder current irs funding rules , the calculation of minimum funding requirements differs from the calculation of the present value of plan benefits ( the projected benefit obligation ) for accounting purposes .\nin december 2008 , the worker , retiree and employer recovery act of 2008 ( wera ) was passed by the u.s .\ncongress which provided for pension funding relief and technical corrections .\nfunding .\n\nQuestion: in 2015 what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2013 was attributable to maturities of long-term debt?",
        "solution": "36%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2014/page_37.pdf\n\nID: IPG/2014/page_37.pdf-2\n\nPrevious Text:\nmanagement 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 2013 primarily related to payments for capital expenditures and acquisitions .\ncapital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements .\nwe made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired .\nfinancing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends .\nduring 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock .\nthis was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes .\nnet 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 .\nwe redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes .\nin 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 .\nforeign 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 $ 101.0 in 2014 .\nthe decrease was primarily a result of the u.s .\ndollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 .\nthe 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 .\nthe decrease was primarily a result of the u.s .\ndollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. .\n\nTable Data:\n[['balance sheet data', 'december 31 , 2014', 'december 31 , 2013'], ['cash cash equivalents and marketable securities', '$ 1667.2', '$ 1642.1'], ['short-term borrowings', '$ 107.2', '$ 179.1'], ['current portion of long-term debt', '2.1', '353.6'], ['long-term debt', '1623.5', '1129.8'], ['total debt', '$ 1732.8', '$ 1662.5']]\n\nFollowing Text:\nliquidity 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 .\nwe also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs .\nwe 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 .\nfrom time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk .\nour ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit .\nthere can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .\n\nQuestion: what is the percentage change in the total debt from 2013 to 2014?",
        "solution": "4.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IQV/2016/page_65.pdf\n\nID: IQV/2016/page_65.pdf-2\n\nPrevious Text:\n2015 compared to 2014 when compared to 2014 , costs of revenue in 2015 increased $ 41 million .\nthis increase included a constant currency increase in expenses of approximately $ 238 million , or 8.9% ( 8.9 % ) , partially offset by a positive impact of approximately $ 197 million from the effects of foreign currency fluctuations .\nthe constant currency growth was comprised of a $ 71 million increase in commercial solutions , which included the impact from the encore acquisition which closed in july 2014 , a $ 146 million increase in research & development solutions , which included the incremental impact from the businesses that quest contributed to q2 solutions , and a $ 21 million increase in integrated engagement services .\nthe decrease in costs of revenue as a percent of revenues for 2015 was primarily as a result of an improvement in constant currency profit margin in the commercial solutions , research & development solutions and integrated engagement services segments ( as more fully described in the segment discussion later in this section ) .\nfor 2015 , this constant currency profit margin expansion was partially offset by the effect from a higher proportion of consolidated revenues being contributed by our lower margin integrated engagement services segment when compared to 2014 as well as a negative impact from foreign currency fluctuations .\nselling , general and administrative expenses , exclusive of depreciation and amortization .\n\nTable Data:\n[['( dollars in millions )', 'year ended december 31 , 2016', 'year ended december 31 , 2015', 'year ended december 31 , 2014'], ['selling general and administrative expenses', '$ 1011', '$ 815', '$ 781'], ['% (  % ) of revenues', '18.8% ( 18.8 % )', '18.8% ( 18.8 % )', '18.8% ( 18.8 % )']]\n\nFollowing Text:\n2016 compared to 2015 the $ 196 million increase in selling , general and administrative expenses in 2016 included a constant currency increase of $ 215 million , or 26.4% ( 26.4 % ) , partially offset by a positive impact of approximately $ 19 million from the effects of foreign currency fluctuations .\nthe constant currency growth was comprised of a $ 151 million increase in commercial solutions , which includes $ 158 million from the merger with ims health , partially offset by a decline in the legacy service offerings , a $ 32 million increase in research & development solutions , which includes the incremental impact from the businesses that quest contributed to q2 solutions , a $ 3 million increase in integrated engagement services , and a $ 29 million increase in general corporate and unallocated expenses , which includes $ 37 million from the merger with ims health .\nthe constant currency increase in general corporate and unallocated expenses in 2016 was primarily due to higher stock-based compensation expense .\n2015 compared to 2014 the $ 34 million increase in selling , general and administrative expenses in 2015 included a constant currency increase of $ 74 million , or 9.5% ( 9.5 % ) , partially offset by a positive impact of approximately $ 42 million from the effects of foreign currency fluctuations .\nthe constant currency growth was comprised of a $ 14 million increase in commercial solutions , which included the impact from the encore acquisition which closed in july 2014 , a $ 40 million increase in research & development solutions , which included the incremental impact from the businesses that quest contributed to q2 solutions , a $ 4 million increase in integrated engagement services , and a $ 14 million increase in general corporate and unallocated expenses .\nthe constant currency increase in general corporate and unallocated expenses in 2015 was primarily due to higher stock-based compensation expense and costs associated with the q2 solutions transaction. .\n\nQuestion: what is the percent increase in selling and administrative expenses from 2015 to 2016?",
        "solution": "24.05%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2009/page_121.pdf\n\nID: CE/2009/page_121.pdf-1\n\nPrevious Text:\nduring 2009 , the company extended the contractual life of 4 million fully vested share options held by 6 employees .\nas a result of that modification , the company recognized additional compensation expense of $ 1 million for the year ended december 31 , 2009 .\nrestricted stock units ( 201crsus 201d ) performance-based rsus .\nthe company grants performance-based rsus to the company 2019s executive officers and certain employees once per year .\nthe company may also grant performance-based rsus to certain new employees or to employees who assume positions of increasing responsibility at the time those events occur .\nthe number of performance-based rsus that ultimately vest is dependent on one or both of the following as per the terms of the specific award agreement : the achievement of 1 ) internal profitability targets ( performance condition ) and 2 ) market performance targets measured by the comparison of the company 2019s stock performance versus a defined peer group ( market condition ) .\nthe performance-based rsus generally cliff-vest during the company 2019s quarter-end september 30 black-out period three years from the date of grant .\nthe ultimate number of shares of the company 2019s series a common stock issued will range from zero to stretch , with stretch defined individually under each award , net of personal income taxes withheld .\nthe market condition is factored into the estimated fair value per unit and compensation expense for each award will be based on the probability of achieving internal profitability targets , as applicable , and recognized on a straight-line basis over the term of the respective grant , less estimated forfeitures .\nfor performance-based rsus granted without a performance condition , compensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures .\nin april 2007 , the company granted performance-based rsus to certain employees that vest annually in equal tranches beginning october 1 , 2008 through october 1 , 2011 and include a market condition .\nthe performance- based rsus awarded include a catch-up provision that provides for an additional year of vesting of previously unvested amounts , subject to certain maximums .\ncompensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures .\na summary of changes in performance-based rsus outstanding is as follows : number of weighted average fair value ( in thousands ) ( in $ ) .\n\nTable Data:\n[['', 'number of units ( in thousands )', 'weighted average fair value ( in $ )'], ['nonvested at december 31 2008', '1188', '19.65'], ['granted', '420', '38.16'], ['vested', '-79 ( 79 )', '21.30'], ['forfeited', '-114 ( 114 )', '17.28'], ['nonvested at december 31 2009', '1415', '25.24']]\n\nFollowing Text:\nthe fair value of shares vested for performance-based rsus during the years ended december 31 , 2009 and 2008 was $ 2 million and $ 3 million , respectively .\nthere were no vestings that occurred during the year ended december 31 , 2007 .\nfair value for the company 2019s performance-based rsus was estimated at the grant date using a monte carlo simulation approach .\nmonte carlo simulation was utilized to randomly generate future stock returns for the company and each company in the defined peer group for each grant based on company-specific dividend yields , volatilities and stock return correlations .\nthese returns were used to calculate future performance-based rsu vesting percentages and the simulated values of the vested performance-based rsus were then discounted to present value using a risk-free rate , yielding the expected value of these performance-based rsus .\n%%transmsg*** transmitting job : d70731 pcn : 119000000 ***%%pcmsg|119 |00016|yes|no|02/10/2010 16:17|0|0|page is valid , no graphics -- color : n| .\n\nQuestion: what is the net change in the balance of non vested units during 2009?",
        "solution": "227"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: INTC/2017/page_46.pdf\n\nID: INTC/2017/page_46.pdf-2\n\nPrevious Text:\ncontractual obligations significant contractual obligations as of december 30 , 2017 were as follows: .\n\nTable Data:\n[['( in millions )', 'payments due by period total', 'payments due by period less than1 year', 'payments due by period 1 20133 years', 'payments due by period 3 20135 years', 'payments due by period more than5 years'], ['operating lease obligations', '$ 1245', '$ 215', '$ 348', '$ 241', '$ 441'], ['capital purchase obligations1', '12068', '9689', '2266', '113', '2014'], ['other purchase obligations and commitments2', '2692', '1577', '1040', '55', '20'], ['tax obligations3', '6120', '490', '979', '979', '3672'], ['long-term debt obligations4', '42278', '1495', '5377', '8489', '26917'], ['other long-term liabilities5', '1544', '799', '422', '190', '133'], ['total6', '$ 65947', '$ 14265', '$ 10432', '$ 10067', '$ 31183']]\n\nFollowing Text:\ncapital purchase obligations1 12068 9689 2266 113 2014 other purchase obligations and commitments2 2692 1577 1040 55 20 tax obligations3 6120 490 979 979 3672 long-term debt obligations4 42278 1495 5377 8489 26917 other long-term liabilities5 1544 799 422 190 133 total6 $ 65947 $ 14265 $ 10432 $ 10067 $ 31183 1 capital purchase obligations represent commitments for the construction or purchase of property , plant and equipment .\nthey were not recorded as liabilities on our consolidated balance sheets as of december 30 , 2017 , as we had not yet received the related goods nor taken title to the property .\n2 other purchase obligations and commitments include payments due under various types of licenses and agreements to purchase goods or services , as well as payments due under non-contingent funding obligations .\n3 tax obligations represent the future cash payments related to tax reform enacted in 2017 for the one-time provisional transition tax on our previously untaxed foreign earnings .\nfor further information , see 201cnote 8 : income taxes 201d within the consolidated financial statements .\n4 amounts represent principal and interest cash payments over the life of the debt obligations , including anticipated interest payments that are not recorded on our consolidated balance sheets .\ndebt obligations are classified based on their stated maturity date , regardless of their classification on the consolidated balance sheets .\nany future settlement of convertible debt would impact our cash payments .\n5 amounts represent future cash payments to satisfy other long-term liabilities recorded on our consolidated balance sheets , including the short-term portion of these long-term liabilities .\nderivative instruments are excluded from the preceding table , as they do not represent the amounts that may ultimately be paid .\n6 total excludes contractual obligations already recorded on our consolidated balance sheets as current liabilities , except for the short-term portions of long-term debt obligations and other long-term liabilities .\nthe expected timing of payments of the obligations in the preceding table is estimated based on current information .\ntiming of payments and actual amounts paid may be different , depending on the time of receipt of goods or services , or changes to agreed- upon amounts for some obligations .\ncontractual obligations for purchases of goods or services included in 201cother purchase obligations and commitments 201d in the preceding table include agreements that are enforceable and legally binding on intel and that specify all significant terms , including fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction .\nfor obligations with cancellation provisions , the amounts included in the preceding table were limited to the non-cancelable portion of the agreement terms or the minimum cancellation fee .\nfor the purchase of raw materials , we have entered into certain agreements that specify minimum prices and quantities based on a percentage of the total available market or based on a percentage of our future purchasing requirements .\ndue to the uncertainty of the future market and our future purchasing requirements , as well as the non-binding nature of these agreements , obligations under these agreements have been excluded from the preceding table .\nour purchase orders for other products are based on our current manufacturing needs and are fulfilled by our vendors within short time horizons .\nin addition , some of our purchase orders represent authorizations to purchase rather than binding agreements .\ncontractual obligations that are contingent upon the achievement of certain milestones have been excluded from the preceding table .\nmost of our milestone-based contracts are tooling related for the purchase of capital equipment .\nthese arrangements are not considered contractual obligations until the milestone is met by the counterparty .\nas of december 30 , 2017 , assuming that all future milestones are met , the additional required payments would be approximately $ 2.0 billion .\nfor the majority of restricted stock units ( rsus ) granted , the number of shares of common stock issued on the date the rsus vest is net of the minimum statutory withholding requirements that we pay in cash to the appropriate taxing authorities on behalf of our employees .\nthe obligation to pay the relevant taxing authority is excluded from the preceding table , as the amount is contingent upon continued employment .\nin addition , the amount of the obligation is unknown , as it is based in part on the market price of our common stock when the awards vest .\nmd&a - results of operations consolidated results and analysis 38 .\n\nQuestion: what percentage of total contractual obligations do long-term debt obligations make up as of december 30 2017?",
        "solution": "64%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CNC/2003/page_41.pdf\n\nID: CNC/2003/page_41.pdf-1\n\nPrevious Text:\ndisclosure of , the issuance of certain types of guarantees .\nthe adoption of fasb interpretation no .\n45 did not have a signif- icant impact on the net income or equity of the company .\nin january 2003 , fasb interpretation no .\n46 , 201cconsolidation of variable interest entities , an interpretation of arb 51 , 201d was issued .\nthe primary objectives of this interpretation , as amended , are to provide guidance on the identification and consolidation of variable interest entities , or vies , which are entities for which control is achieved through means other than through voting rights .\nthe company has completed an analysis of this interpretation and has determined that it does not have any vies .\n4 .\nacquisitions family health plan , inc .\neffective january 1 , 2004 , the company commenced opera- tions in ohio through the acquisition from family health plan , inc .\nof certain medicaid-related assets for a purchase price of approximately $ 6800 .\nthe cost to acquire the medicaid-related assets will be allocated to the assets acquired and liabilities assumed according to estimated fair values .\nhmo blue texas effective august 1 , 2003 , the company acquired certain medicaid-related contract rights of hmo blue texas in the san antonio , texas market for $ 1045 .\nthe purchase price was allocated to acquired contracts , which are being amor- tized on a straight-line basis over a period of five years , the expected period of benefit .\ngroup practice affiliates during 2003 , the company acquired a 100% ( 100 % ) ownership interest in group practice affiliates , llc , a behavioral healthcare services company ( 63.7% ( 63.7 % ) in march 2003 and 36.3% ( 36.3 % ) in august 2003 ) .\nthe consolidated financial state- ments include the results of operations of gpa since march 1 , 2003 .\nthe company paid $ 1800 for its purchase of gpa .\nthe cost to acquire the ownership interest has been allocated to the assets acquired and liabilities assumed according to estimated fair values and is subject to adjustment when additional information concerning asset and liability valuations are finalized .\nthe preliminary allocation has resulted in goodwill of approximately $ 3895 .\nthe goodwill is not amortized and is not deductible for tax purposes .\npro forma disclosures related to the acquisition have been excluded as immaterial .\nscriptassist in march 2003 , the company purchased contract and name rights of scriptassist , llc ( scriptassist ) , a medication com- pliance company .\nthe purchase price of $ 563 was allocated to acquired contracts , which are being amortized on a straight-line basis over a period of five years , the expected period of benefit .\nthe investor group who held membership interests in scriptassist included one of the company 2019s executive officers .\nuniversity health plans , inc .\non december 1 , 2002 , the company purchased 80% ( 80 % ) of the outstanding capital stock of university health plans , inc .\n( uhp ) in new jersey .\nin october 2003 , the company exercised its option to purchase the remaining 20% ( 20 % ) of the outstanding capital stock .\ncentene paid a total purchase price of $ 13258 .\nthe results of operations for uhp are included in the consolidated financial statements since december 1 , 2002 .\nthe acquisition of uhp resulted in identified intangible assets of $ 3800 , representing purchased contract rights and provider network .\nthe intangibles are being amortized over a ten-year period .\ngoodwill of $ 7940 is not amortized and is not deductible for tax purposes .\nchanges during 2003 to the preliminary purchase price allocation primarily consisted of the purchase of the remaining 20% ( 20 % ) of the outstanding stock and the recognition of intangible assets and related deferred tax liabilities .\nthe following unaudited pro forma information presents the results of operations of centene and subsidiaries as if the uhp acquisition described above had occurred as of january 1 , 2001 .\nthese pro forma results may not necessar- ily reflect the actual results of operations that would have been achieved , nor are they necessarily indicative of future results of operations. .\n\nTable Data:\n[['', '2002', '2001'], ['revenue', '$ 567048', '$ 395155'], ['net earnings', '25869', '11573'], ['diluted earnings per common share', '1.48', '1.00']]\n\nFollowing Text:\ndiluted earnings per common share 1.48 1.00 texas universities health plan in june 2002 , the company purchased schip contracts in three texas service areas .\nthe cash purchase price of $ 595 was recorded as purchased contract rights , which are being amortized on a straight-line basis over five years , the expected period of benefit .\nbankers reserve in march 2002 , the company acquired bankers reserve life insurance company of wisconsin for a cash purchase price of $ 3527 .\nthe company allocated the purchase price to net tangible and identifiable intangible assets based on their fair value .\ncentene allocated $ 479 to identifiable intangible assets , representing the value assigned to acquired licenses , which are being amortized on a straight-line basis over a notes to consolidated financial statements ( continued ) centene corporation and subsidiaries .\n\nQuestion: what was the percentage change in pro forma revenue from 2001 to 2002?",
        "solution": "44%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KMI/2016/page_17.pdf\n\nID: KMI/2016/page_17.pdf-1\n\nPrevious Text:\nin direct competition with other co2 pipelines .\nwe also compete with other interest owners in the mcelmo dome unit and the bravo dome unit for transportation of co2 to the denver city , texas market area .\nterminals our terminals segment includes the operations of our refined petroleum product , crude oil , chemical , ethanol and other liquid terminal facilities ( other than those included in the products pipelines segment ) and all of our coal , petroleum coke , fertilizer , steel , ores and other dry-bulk terminal facilities .\nour terminals are located throughout the u.s .\nand in portions of canada .\nwe believe the location of our facilities and our ability to provide flexibility to customers help attract new and retain existing customers at our terminals and provide expansion opportunities .\nwe often classify our terminal operations based on the handling of either liquids or dry-bulk material products .\nin addition , terminals 2019 marine operations include jones act qualified product tankers that provide marine transportation of crude oil , condensate and refined petroleum products in the u.s .\nthe following summarizes our terminals segment assets , as of december 31 , 2016 : number capacity ( mmbbl ) .\n\nTable Data:\n[['', 'number', 'capacity ( mmbbl )'], ['liquids terminals', '51', '85.2'], ['bulk terminals', '37', '2014'], ['jones act tankers', '12', '4.0']]\n\nFollowing Text:\ncompetition we are one of the largest independent operators of liquids terminals in north america , based on barrels of liquids terminaling capacity .\nour liquids terminals compete with other publicly or privately held independent liquids terminals , and terminals owned by oil , chemical , pipeline , and refining companies .\nour bulk terminals compete with numerous independent terminal operators , terminals owned by producers and distributors of bulk commodities , stevedoring companies and other industrial companies opting not to outsource terminaling services .\nin some locations , competitors are smaller , independent operators with lower cost structures .\nour jones act qualified product tankers compete with other jones act qualified vessel fleets. .\n\nQuestion: what is the average capacity in mmbbl of liquids terminals?",
        "solution": "1.67"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VLO/2012/page_27.pdf\n\nID: VLO/2012/page_27.pdf-2\n\nPrevious Text:\ntable of contents the following performance graph is not 201csoliciting material , 201d is not deemed filed with the sec , and is not to be incorporated by reference into any of valero 2019s filings under the securities act of 1933 or the securities exchange act of 1934 , as amended , respectively .\nthis performance graph and the related textual information are based on historical data and are not indicative of future performance .\nthe following line graph compares the cumulative total return 1 on an investment in our common stock against the cumulative total return of the s&p 500 composite index and an index of peer companies ( that we selected ) for the five-year period commencing december 31 , 2007 and ending december 31 , 2012 .\nour peer group consists of the following ten companies : alon usa energy , inc. ; bp plc ( bp ) ; cvr energy , inc. ; hess corporation ; hollyfrontier corporation ; marathon petroleum corporation ; phillips 66 ( psx ) ; royal dutch shell plc ( rds ) ; tesoro corporation ; and western refining , inc .\nour peer group previously included chevron corporation ( cvx ) and exxon mobil corporation ( xom ) but they were replaced with bp , psx , and rds .\nin 2012 , psx became an independent downstream energy company and was added to our peer group .\ncvx and xom were replaced with bp and rds as they were viewed as having operations that more closely aligned with our core businesses .\ncomparison of 5 year cumulative total return1 among valero energy corporation , the s&p 500 index , old peer group , and new peer group .\n\nTable Data:\n[['', '12/2007', '12/2008', '12/2009', '12/2010', '12/2011', '12/2012'], ['valero common stock', '$ 100.00', '$ 31.45', '$ 25.09', '$ 35.01', '$ 32.26', '$ 53.61'], ['s&p 500', '100.00', '63.00', '79.67', '91.67', '93.61', '108.59'], ['old peer group', '100.00', '80.98', '76.54', '88.41', '104.33', '111.11'], ['new peer group', '100.00', '66.27', '86.87', '72.84', '74.70', '76.89']]\n\nFollowing Text:\n____________ 1 assumes that an investment in valero common stock and each index was $ 100 on december 31 , 2007 .\n201ccumulative total return 201d is based on share price appreciation plus reinvestment of dividends from december 31 , 2007 through december 31 , 2012. .\n\nQuestion: what was the biggest decline , in percentage , from 2007-2008 , among the four groups?",
        "solution": "68.55%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LLY/2018/page_99.pdf\n\nID: LLY/2018/page_99.pdf-1\n\nPrevious Text:\nperformance graph this graph compares the return on lilly stock with that of the standard & poor 2019s 500 stock index and our peer group for the years 2014 through 2018 .\nthe graph assumes that , on december 31 , 2013 , a person invested $ 100 each in lilly stock , the s&p 500 stock index , and the peer groups' common stock .\nthe graph measures total shareholder return , which takes into account both stock price and dividends .\nit assumes that dividends paid by a company are reinvested in that company 2019s stock .\nvalue of $ 100 invested on last business day of 2013 comparison of five-year cumulative total return among lilly , s&p 500 stock index , peer group ( 1 ) .\n\nTable Data:\n[['', 'lilly', 'peer group', 's&p 500'], ['dec-13', '$ 100.00', '$ 100.00', '$ 100.00'], ['dec-14', '$ 139.75', '$ 114.39', '$ 113.69'], ['dec-15', '$ 175.21', '$ 116.56', '$ 115.26'], ['dec-16', '$ 157.03', '$ 112.80', '$ 129.05'], ['dec-17', '$ 185.04', '$ 128.90', '$ 157.22'], ['dec-18', '$ 259.88', '$ 136.56', '$ 150.33']]\n\nFollowing Text:\n( 1 ) we constructed the peer group as the industry index for this graph .\nit comprises the companies in the pharmaceutical and biotech industries that we used to benchmark the compensation of our executive officers for 2018 : abbvie inc. ; amgen inc. ; astrazeneca plc ; baxter international inc. ; biogen idec inc. ; bristol-myers squibb company ; celgene corporation ; gilead sciences inc. ; glaxosmithkline plc ; johnson & johnson ; medtronic plc ; merck & co. , inc. ; novartis ag. ; pfizer inc. ; roche holdings ag ; sanofi ; and shire plc. .\n\nQuestion: as of december 312017 what was the ratio of the value of the lilly to the peer group",
        "solution": "1.44"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2010/page_113.pdf\n\nID: AMT/2010/page_113.pdf-3\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements assessments in each of the tax jurisdictions resulting from these examinations .\nthe company believes that adequate provisions have been made for income taxes for all periods through december 31 , 2010 .\n12 .\nstock-based compensation the company recognized stock-based compensation of $ 52.6 million , $ 60.7 million and $ 54.8 million for the years ended december 31 , 2010 , 2009 and 2008 , respectively .\nstock-based compensation for the year ended december 31 , 2009 included $ 6.9 million related to the modification of the vesting and exercise terms for certain employee 2019s equity awards .\nthe company did not capitalize any stock-based compensation during the years ended december 31 , 2010 and 2009 .\nsummary of stock-based compensation plans 2014the company maintains equity incentive plans that provide for the grant of stock-based awards to its directors , officers and employees .\nunder the 2007 equity incentive plan ( 201c2007 plan 201d ) , which provides for the grant of non-qualified and incentive stock options , as well as restricted stock units , restricted stock and other stock-based awards , exercise prices in the case of non-qualified and incentive stock options are not less than the fair market value of the underlying common stock on the date of grant .\nequity awards typically vest ratably over various periods , generally four years , and generally expire ten years from the date of grant .\nstock options 2014as of december 31 , 2010 , the company had the ability to grant stock-based awards with respect to an aggregate of 22.0 million shares of common stock under the 2007 plan .\nthe fair value of each option grant is estimated on the date of grant using the black-scholes option pricing model based on the assumptions noted in the table below .\nthe risk-free treasury rate is based on the u.s .\ntreasury yield in effect at the accounting measurement date .\nthe expected life ( estimated period of time outstanding ) was estimated using the vesting term and historical exercise behavior of company employees .\nthe expected volatility was based on historical volatility for a period equal to the expected life of the stock options .\nkey assumptions used to apply this pricing model are as follows: .\n\nTable Data:\n[['', '2010', '2009', '2008'], ['range of risk-free interest rate', '1.41% ( 1.41 % ) 2013 2.39% ( 2.39 % )', '1.41% ( 1.41 % ) 2013 2.04% ( 2.04 % )', '1.44% ( 1.44 % ) 2013 3.05% ( 3.05 % )'], ['weighted average risk-free interest rate', '2.35% ( 2.35 % )', '1.71% ( 1.71 % )', '1.89% ( 1.89 % )'], ['expected life of option grants', '4.60 years', '4.00 years', '4.00 years'], ['range of expected volatility of underlying stock price', '37.11% ( 37.11 % ) 2013 37.48% ( 37.48 % )', '36.00% ( 36.00 % ) 2013 36.63% ( 36.63 % )', '28.51% ( 28.51 % ) 2013 35.30% ( 35.30 % )'], ['weighted average expected volatility of underlying stock price', '37.14% ( 37.14 % )', '36.23% ( 36.23 % )', '29.10% ( 29.10 % )'], ['expected annual dividends', 'n/a', 'n/a', 'n/a']]\n\nFollowing Text:\nthe weighted average grant date fair value per share during the years ended december 31 , 2010 , 2009 and 2008 was $ 15.03 , $ 8.90 and $ 9.55 , respectively .\nthe intrinsic value of stock options exercised during the years ended december 31 , 2010 , 2009 and 2008 was $ 62.7 million , $ 40.1 million and $ 99.1 million , respectively .\nas of december 31 , 2010 , total unrecognized compensation expense related to unvested stock options was approximately $ 27.7 million and is expected to be recognized over a weighted average period of approximately two years .\nthe amount of cash received from the exercise of stock options was approximately $ 129.1 million during the year ended december 31 , 2010 .\nduring the year ended december 31 , 2010 , the company realized approximately $ 0.3 million of state tax benefits from the exercise of stock options. .\n\nQuestion: what was the percent of the change in the weighted average risk-free interest rate",
        "solution": "37.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2012/page_58.pdf\n\nID: IP/2012/page_58.pdf-1\n\nPrevious Text:\nfoodservice sales volumes increased in 2012 compared with 2011 .\naverage sales margins were higher reflecting the realization of sales price increases for the pass-through of earlier cost increases .\nraw material costs for board and resins were lower .\noperating costs and distribution costs were both higher .\nthe u.s .\nshorewood business was sold december 31 , 2011 and the non-u.s .\nbusiness was sold in january looking ahead to the first quarter of 2013 , coated paperboard sales volumes are expected to increase slightly from the fourth quarter of 2012 .\naverage sales price realizations are expected to be slightly lower , but margins should benefit from a more favorable product mix .\ninput costs are expected to be higher for energy and wood .\nno planned main- tenance outages are scheduled in the first quarter .\nin january 2013 the company announced the perma- nent shutdown of a coated paperboard machine at the augusta mill with an annual capacity of 140000 tons .\nfoodservice sales volumes are expected to increase .\naverage sales margins are expected to decrease due to the realization of sales price decreases effective with our january contract open- ers .\ninput costs for board and resin are expected to be lower and operating costs are also expected to decrease .\neuropean consumer packaging net sales in 2012 were $ 380 million compared with $ 375 million in 2011 and $ 345 million in 2010 .\noperating profits in 2012 were $ 99 million compared with $ 93 million in 2011 and $ 76 million in 2010 .\nsales volumes in 2012 increased from 2011 .\naverage sales price realizations were higher in russian markets , but were lower in european markets .\ninput costs decreased , primarily for wood , and planned maintenance downtime costs were lower in 2012 than in 2011 .\nlooking forward to the first quarter of 2013 , sales volumes are expected to decrease in both europe and russia .\naverage sales price realizations are expected to be higher in russia , but be more than offset by decreases in europe .\ninput costs are expected to increase for wood and chemicals .\nno maintenance outages are scheduled for the first quarter .\nasian consumer packaging net sales were $ 830 million in 2012 compared with $ 855 million in 2011 and $ 705 million in 2010 .\noperating profits in 2012 were $ 4 million compared with $ 35 million in 2011 and $ 34 million in 2010 .\nsales volumes increased in 2012 compared with 2011 partially due to the start-up of a new coated paperboard machine .\naverage sales price realizations were significantly lower , but were partially offset by lower input costs for purchased pulp .\nstart-up costs for a new coated paperboard machine adversely impacted operating profits in 2012 .\nin the first quarter of 2013 , sales volumes are expected to increase slightly .\naverage sales price realizations for folding carton board and bristols board are expected to be lower reflecting increased competitive pressures and seasonally weaker market demand .\ninput costs should be higher for pulp and chemicals .\nhowever , costs related to the ramp-up of the new coated paperboard machine should be lower .\ndistribution xpedx , our distribution business , is one of north america 2019s leading business-to-business distributors to manufacturers , facility managers and printers , providing customized solutions that are designed to improve efficiency , reduce costs and deliver results .\ncustomer demand is generally sensitive to changes in economic conditions and consumer behavior , along with segment specific activity including corpo- rate advertising and promotional spending , government spending and domestic manufacturing activity .\ndistribution 2019s margins are relatively stable across an economic cycle .\nproviding customers with the best choice for value in both products and supply chain services is a key competitive factor .\naddition- ally , efficient customer service , cost-effective logis- tics and focused working capital management are key factors in this segment 2019s profitability .\ndistribution .\n\nTable Data:\n[['in millions', '2012', '2011', '2010'], ['sales', '$ 6040', '$ 6630', '$ 6735'], ['operating profit', '22', '34', '78']]\n\nFollowing Text:\ndistr ibut ion 2019s 2012 annual sales decreased 9% ( 9 % ) from 2011 , and decreased 10% ( 10 % ) from 2010 .\noperating profits in 2012 were $ 22 million ( $ 71 million exclud- ing reorganization costs ) compared with $ 34 million ( $ 86 million excluding reorganization costs ) in 2011 and $ 78 million in 2010 .\nannual sales of printing papers and graphic arts supplies and equipment totaled $ 3.5 billion in 2012 compared with $ 4.0 billion in 2011 and $ 4.2 billion in 2010 , reflecting declining demand and the exiting of unprofitable businesses .\ntrade margins as a percent of sales for printing papers were relatively even with both 2011 and 2010 .\nrevenue from packaging prod- ucts was flat at $ 1.6 billion in both 2012 and 2011 and up slightly compared to $ 1.5 billion in 2010 .\npack- aging margins increased in 2012 from both 2011 and 2010 , reflecting the successful execution of strategic sourcing initiatives .\nfacility supplies annual revenue was $ 0.9 billion in 2012 , down compared to $ 1.0 bil- lion in 2011 and 2010 .\noperating profits in 2012 included $ 49 million of reorganization costs for severance , professional services and asset write-downs compared with $ 52 .\n\nQuestion: what percent of distribution sales where attributable to printing papers and graphic arts supplies and equipment in 2012?",
        "solution": "58%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VLO/2012/page_27.pdf\n\nID: VLO/2012/page_27.pdf-1\n\nPrevious Text:\ntable of contents the following performance graph is not 201csoliciting material , 201d is not deemed filed with the sec , and is not to be incorporated by reference into any of valero 2019s filings under the securities act of 1933 or the securities exchange act of 1934 , as amended , respectively .\nthis performance graph and the related textual information are based on historical data and are not indicative of future performance .\nthe following line graph compares the cumulative total return 1 on an investment in our common stock against the cumulative total return of the s&p 500 composite index and an index of peer companies ( that we selected ) for the five-year period commencing december 31 , 2007 and ending december 31 , 2012 .\nour peer group consists of the following ten companies : alon usa energy , inc. ; bp plc ( bp ) ; cvr energy , inc. ; hess corporation ; hollyfrontier corporation ; marathon petroleum corporation ; phillips 66 ( psx ) ; royal dutch shell plc ( rds ) ; tesoro corporation ; and western refining , inc .\nour peer group previously included chevron corporation ( cvx ) and exxon mobil corporation ( xom ) but they were replaced with bp , psx , and rds .\nin 2012 , psx became an independent downstream energy company and was added to our peer group .\ncvx and xom were replaced with bp and rds as they were viewed as having operations that more closely aligned with our core businesses .\ncomparison of 5 year cumulative total return1 among valero energy corporation , the s&p 500 index , old peer group , and new peer group .\n\nTable Data:\n[['', '12/2007', '12/2008', '12/2009', '12/2010', '12/2011', '12/2012'], ['valero common stock', '$ 100.00', '$ 31.45', '$ 25.09', '$ 35.01', '$ 32.26', '$ 53.61'], ['s&p 500', '100.00', '63.00', '79.67', '91.67', '93.61', '108.59'], ['old peer group', '100.00', '80.98', '76.54', '88.41', '104.33', '111.11'], ['new peer group', '100.00', '66.27', '86.87', '72.84', '74.70', '76.89']]\n\nFollowing Text:\n____________ 1 assumes that an investment in valero common stock and each index was $ 100 on december 31 , 2007 .\n201ccumulative total return 201d is based on share price appreciation plus reinvestment of dividends from december 31 , 2007 through december 31 , 2012. .\n\nQuestion: what was the percentage growth of the s&p 500 common stock from 2007 to 2012",
        "solution": "8.59%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAA/2015/page_57.pdf\n\nID: MAA/2015/page_57.pdf-4\n\nPrevious Text:\ndispositions of depreciable real estate assets excluded from discontinued operations we recorded a gain on sale of depreciable assets excluded from discontinued operations of $ 190.0 million for the year ended december 31 , 2015 , an increase of approximately $ 147.3 million from the $ 42.6 million gain on sale of depreciable assets recorded for the year ended december 31 , 2014 .\nthe increase was primarily the result of increased disposition activity .\ndispositions increased from eight multifamily properties for the year ended december 31 , 2014 , to 21 multifamily properties for the year ended december 31 , 2015 .\ngain from real estate joint ventures we recorded a gain from real estate joint ventures of $ 6.0 million during the year ended december 31 , 2014 as opposed to no material gain or loss being recorded during the year ended december 31 , 2015 .\nthe decrease was primarily a result of recording a $ 3.4 million gain for the disposition of ansley village by mid-america multifamily fund ii , or fund ii , as well as a $ 2.8 million gain for the promote fee received from our fund ii partner during 2014 .\nthe promote fee was received as a result of maa achieving certain performance metrics in its management of the fund ii properties over the life of the joint venture .\nthere were no such gains recorded during the year ended december 31 , 2015 .\ndiscontinued operations we recorded a gain on sale of discontinued operations of $ 5.4 million for the year ended december 31 , 2014 .\nwe did not record a gain or loss on sale of discontinued operations during the year ended december 31 , 2015 , due to the adoption of asu 2014-08 , reporting discontinued operations and disclosures of disposals of components of an entity , which resulted in dispositions being included in the gain on sale of depreciable real estate assets excluded from discontinued operations and is discussed further below .\nnet income attributable to noncontrolling interests net income attributable to noncontrolling interests for the year ended december 31 , 2015 was approximately $ 18.5 million , an increase of $ 10.2 million from the year ended december 31 , 2014 .\nthis increase is consistent with the increase to overall net income and is primarily a result of the items discussed above .\nnet income attributable to maa primarily as a result of the items discussed above , net income attributable to maa increased by approximately $ 184.3 million in the year ended december 31 , 2015 from the year ended december 31 , 2014 .\ncomparison of the year ended december 31 , 2014 to the year ended december 31 , 2013 the comparison of the year ended december 31 , 2014 to the year ended december 31 , 2013 shows the segment break down based on the 2014 same store portfolios .\na comparison using the 2015 same store portfolio would not be comparative due to the nature of the classifications as a result of the merger .\nproperty revenues the following table shows our property revenues by segment for the years ended december 31 , 2014 and december 31 , 2013 ( dollars in thousands ) : year ended december 31 , 2014 year ended december 31 , 2013 increase percentage increase .\n\nTable Data:\n[['', 'year ended december 31 2014', 'year ended december 31 2013', 'increase', 'percentage increase'], ['large market same store', '$ 252029', '$ 241194', '$ 10835', '4.5% ( 4.5 % )'], ['secondary market same store', '246800', '242464', '4336', '1.8% ( 1.8 % )'], ['same store portfolio', '498829', '483658', '15171', '3.1% ( 3.1 % )'], ['non-same store and other', '493349', '151185', '342164', '226.3% ( 226.3 % )'], ['total', '$ 992178', '$ 634843', '$ 357335', '56.3% ( 56.3 % )']]\n\nFollowing Text:\njob title mid-america apartment 10-k revision 1 serial <12345678> date sunday , march 20 , 2016 job number 304352-1 type page no .\n51 operator abigaels .\n\nQuestion: what was the ratio of the property revenues for the large market same store to the secondary market same store in 2014",
        "solution": "1.02"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2013/page_92.pdf\n\nID: RSG/2013/page_92.pdf-1\n\nPrevious Text:\nrepublic services , inc .\nnotes to consolidated financial statements 2014 ( continued ) credit exposure , we continually monitor the credit worthiness of the financial institutions where we have deposits .\nconcentrations of credit risk with respect to trade accounts receivable are limited due to the wide variety of customers and markets in which we provide services , as well as the dispersion of our operations across many geographic areas .\nwe provide services to commercial , industrial , municipal and residential customers in the united states and puerto rico .\nwe perform ongoing credit evaluations of our customers , but generally do not require collateral to support customer receivables .\nwe establish an allowance for doubtful accounts based on various factors including the credit risk of specific customers , age of receivables outstanding , historical trends , economic conditions and other information .\naccounts receivable , net of allowance for doubtful accounts accounts receivable represent receivables from customers for collection , transfer , recycling , disposal and other services .\nour receivables are recorded when billed or when the related revenue is earned , if earlier , and represent claims against third parties that will be settled in cash .\nthe carrying value of our receivables , net of the allowance for doubtful accounts , represents their estimated net realizable value .\nprovisions for doubtful accounts are evaluated on a monthly basis and are recorded based on our historical collection experience , the age of the receivables , specific customer information and economic conditions .\nwe also review outstanding balances on an account-specific basis .\nin general , reserves are provided for accounts receivable in excess of 90 days outstanding .\npast due receivable balances are written-off when our collection efforts have been unsuccessful in collecting amounts due .\nthe following table reflects the activity in our allowance for doubtful accounts for the years ended december 31 , 2013 , 2012 and 2011: .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['balance at beginning of year', '$ 45.3', '$ 48.1', '$ 50.9'], ['additions charged to expense', '16.1', '29.7', '21.0'], ['accounts written-off', '-23.1 ( 23.1 )', '-32.5 ( 32.5 )', '-23.8 ( 23.8 )'], ['balance at end of year', '$ 38.3', '$ 45.3', '$ 48.1']]\n\nFollowing Text:\nrestricted cash and marketable securities as of december 31 , 2013 , we had $ 169.7 million of restricted cash and marketable securities .\nwe obtain funds through the issuance of tax-exempt bonds for the purpose of financing qualifying expenditures at our landfills , transfer stations , collection and recycling centers .\nthe funds are deposited directly into trust accounts by the bonding authorities at the time of issuance .\nas the use of these funds is contractually restricted , and we do not have the ability to use these funds for general operating purposes , they are classified as restricted cash and marketable securities in our consolidated balance sheets .\nin the normal course of business , we may be required to provide financial assurance to governmental agencies and a variety of other entities in connection with municipal residential collection contracts , closure or post- closure of landfills , environmental remediation , environmental permits , and business licenses and permits as a financial guarantee of our performance .\nat several of our landfills , we satisfy financial assurance requirements by depositing cash into restricted trust funds or escrow accounts .\nproperty and equipment we record property and equipment at cost .\nexpenditures for major additions and improvements to facilities are capitalized , while maintenance and repairs are charged to expense as incurred .\nwhen property is retired or .\n\nQuestion: in the account for the allowance for doubtful accounts what was the percent of the change in the additions charged to expense from 2012 to 2013",
        "solution": "-46%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2003/page_22.pdf\n\nID: ABMD/2003/page_22.pdf-2\n\nPrevious Text:\n( i ) intellectual property the company capitalizes as intellectual property costs incurred , excluding costs associated with company personnel , relating to patenting its technology .\ncapitalized costs , the majority of which represent legal costs , reflect the cost of both awarded patents and patents pending .\nthe company amortizes the cost of these patents on a straight-line basis over a period of seven years .\nif the company elects to stop pursuing a particular patent application or determines that a patent application is not likely to be awarded for a particular patent or elects to discontinue payment of required maintenance fees for a particular patent , the company at that time records as expense the net capitalized amount of such patent application or patent .\nthe company does not capitalize maintenance fees for patents .\n( j ) net loss per share basic net loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the fiscal year .\ndiluted net loss per share is computed by dividing net loss by the weighted-average number of dilutive common shares outstanding during the fiscal year .\ndiluted weighted-average shares reflect the dilutive effect , if any , of potential common stock such as options and warrants based on the treasury stock method .\nno potential common stock is considered dilutive in periods in which a loss is reported , such as the fiscal years ended march 31 , 2001 , 2002 and 2003 , because all such common equivalent shares would be antidilutive .\nthe calculation of diluted weighted-average shares outstanding for the years ended march 31 , 2001 , 2002 and 2003 excludes the options to purchase common stock as shown below .\npotential dilutive shares year ended march 31 , from exercise of common stock options .\n\nTable Data:\n[['year ended march 31,', 'potential dilutive shares from exercise of common stock options'], ['2001', '1808322'], ['2002', '1420831'], ['2003', '58343']]\n\nFollowing Text:\nthe calculation of diluted weighted-average shares outstanding excludes unissued shares of common stock associated with outstanding stock options that have exercise prices greater than the average market price of abiomed common stock during the period .\nfor the fiscal years ending march 31 , 2001 , 2002 and 2003 , the weighted-average number of these potential shares totaled 61661 , 341495 and 2463715 shares , respectively .\nthe calculation of diluted weighted-average shares outstanding for the years ended march 31 , 2001 , 2002 and 2003 also excludes warrants to purchase 400000 shares of common stock issued in connection with the acquisition of intellectual property ( see note 4 ) .\n( k ) cash and cash equivalents the company classifies any marketable security with a maturity date of 90 days or less at the time of purchase as a cash equivalent .\n( l ) marketable securities the company classifies any security with a maturity date of greater than 90 days at the time of purchase as marketable securities and classifies marketable securities with a maturity date of greater than one year from the balance sheet date as long-term investments .\nunder statement of financial accounting standards ( sfas ) no .\n115 , accounting for certain investments in debt and equity securities , securities that the company has the positive intent and ability to hold to maturity are reported at amortized cost and classified as held-to-maturity securities .\nthe amortized cost and market value of marketable securities were approximately $ 25654000 and $ 25661000 at march 31 , 2002 , and $ 9877000 and $ 9858000 at march 31 , 2003 , respectively .\nat march 31 , 2003 , these short-term investments consisted primarily of government securities .\n( m ) disclosures about fair value of financial instruments as of march 31 , 2002 and 2003 , the company 2019s financial instruments were comprised of cash and cash equivalents , marketable securities , accounts receivable and accounts payable , the carrying amounts of which approximated fair market value .\n( n ) comprehensive income sfas no .\n130 , reporting comprehensive income , requires disclosure of all components of comprehensive income and loss on an annual and interim basis .\ncomprehensive income and loss is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources .\nother than the reported net loss , there were no components of comprehensive income or loss which require disclosure for the years ended march 31 , 2001 , 2002 and 2003 .\nnotes to consolidated financial statements ( continued ) march 31 , 2003 page 20 .\n\nQuestion: what was the decrease in potential dilutive shares from 2002 to 2003 ?",
        "solution": "1362488"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2007/page_32.pdf\n\nID: AMT/2007/page_32.pdf-1\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( 201cnyse 201d ) for the years 2007 and 2006. .\n\nTable Data:\n[['2007', 'high', 'low'], ['quarter ended march 31', '$ 41.31', '$ 36.63'], ['quarter ended june 30', '43.84', '37.64'], ['quarter ended september 30', '45.45', '36.34'], ['quarter ended december 31', '46.53', '40.08'], ['2006', 'high', 'low'], ['quarter ended march 31', '$ 32.68', '$ 26.66'], ['quarter ended june 30', '35.75', '27.35'], ['quarter ended september 30', '36.92', '29.98'], ['quarter ended december 31', '38.74', '35.21']]\n\nFollowing Text:\non february 29 , 2008 , the closing price of our class a common stock was $ 38.44 per share as reported on the nyse .\nas of february 29 , 2008 , we had 395748826 outstanding shares of class a common stock and 528 registered holders .\ndividends we have never paid a dividend on any class of our common stock .\nwe anticipate that we may retain future earnings , if any , to fund the development and growth of our business .\nthe indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 201c7.50% ( 201c7.50 % ) notes 201d ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 201c7.125% ( 201c7.125 % ) notes 201d ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .\nthe loan agreement for our revolving credit facility and the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes contain covenants that restrict our ability to pay dividends unless certain financial covenants are satisfied .\nin addition , while spectrasite and its subsidiaries are classified as unrestricted subsidiaries under the indentures for our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes , certain of spectrasite 2019s subsidiaries are subject to restrictions on the amount of cash that they can distribute to us under the loan agreement related to our securitization .\nfor more information about the restrictions under the loan agreement for the revolving credit facility , our notes indentures and the loan agreement related to the securitization , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014factors affecting sources of liquidity 201d and note 3 to our consolidated financial statements included in this annual report. .\n\nQuestion: what is the growth rate in the price of shares from the highest value during the quarter ended december 31 , 2007 and the closing price on february 29 , 2008?",
        "solution": "-17.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2014/page_78.pdf\n\nID: AAPL/2014/page_78.pdf-3\n\nPrevious Text:\ntable of contents concentrations in the available sources of supply of materials and product although most components essential to the company 2019s business are generally available from multiple sources , a number of components are currently obtained from single or limited sources .\nin addition , the company competes for various components with other participants in the markets for mobile communication and media devices and personal computers .\ntherefore , many components used by the company , including those that are available from multiple sources , are at times subject to industry-wide shortage and significant pricing fluctuations that could materially adversely affect the company 2019s financial condition and operating results .\nthe 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 .\nwhen a component or product uses new technologies , initial capacity constraints may exist until the suppliers 2019 yields have matured or manufacturing capacity has increased .\nif 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 .\nthe 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 .\ncontinued 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 .\nthe 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 .\ntherefore , the company remains subject to significant risks of supply shortages and price increases that could materially adversely affect its financial condition and operating results .\nsubstantially all of the company 2019s hardware products are manufactured by outsourcing partners that are located primarily in asia .\na significant concentration of this manufacturing is currently performed by a small number of outsourcing partners , often in single locations .\ncertain of these outsourcing partners are the sole-sourced suppliers of components and manufacturers for many of the company 2019s products .\nalthough 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 .\nthe company 2019s purchase commitments typically cover its requirements for periods up to 150 days .\nother off-balance sheet commitments operating leases the company leases various equipment and facilities , including retail space , under noncancelable operating lease arrangements .\nthe company does not currently utilize any other off-balance sheet financing arrangements .\nthe major facility leases are typically for terms not exceeding 10 years and generally contain multi-year renewal options .\nleases 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 .\nas of september 27 , 2014 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 5.0 billion , of which $ 3.6 billion related to leases for retail space .\nrent expense under all operating leases , including both cancelable and noncancelable leases , was $ 717 million , $ 645 million and $ 488 million in 2014 , 2013 and 2012 , respectively .\nfuture minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 27 , 2014 , are as follows ( in millions ) : apple inc .\n| 2014 form 10-k | 75 .\n\nTable Data:\n[['2015', '$ 662'], ['2016', '676'], ['2017', '645'], ['2018', '593'], ['2019', '534'], ['thereafter', '1877'], ['total', '$ 4987']]\n\nFollowing Text:\n.\n\nQuestion: what percentage of future minimum lease payments under noncancelable operating leases are due in 2017?",
        "solution": "13%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2011/page_114.pdf\n\nID: HII/2011/page_114.pdf-1\n\nPrevious Text:\ntax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .\nthe amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .\nthe company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .\nunrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .\nin addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .\nstock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .\nthere were no additional options granted during the year ended december 31 , 2011 .\nthe fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .\nthe fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .\nvolatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .\nrisk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .\ntreasury bond on the date the award was granted with a maturity equal to the expected term of the award .\nexpected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .\na stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .\nthe following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: .\n\nTable Data:\n[['', '2010', '2009'], ['dividend yield', '2.9% ( 2.9 % )', '3.6% ( 3.6 % )'], ['volatility rate', '25% ( 25 % )', '25% ( 25 % )'], ['risk-free interest rate', '2.3% ( 2.3 % )', '1.7% ( 1.7 % )'], ['expected option life ( years )', '6', '5 & 6']]\n\nFollowing Text:\nthe weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .\n\nQuestion: what is the growth rate in the weighted-average grant date fair value of stock options from 2009 to 2010?",
        "solution": "57.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2008/page_116.pdf\n\nID: STT/2008/page_116.pdf-2\n\nPrevious Text:\nconduit assets by asset origin .\n\nTable Data:\n[['( dollars in billions )', '2008 amount', '2008 percent of total conduit assets', '2008 amount', 'percent of total conduit assets'], ['united states', '$ 11.09', '46% ( 46 % )', '$ 12.14', '42% ( 42 % )'], ['australia', '4.30', '17', '6.10', '21'], ['great britain', '1.97', '8', '2.93', '10'], ['spain', '1.71', '7', '1.90', '7'], ['italy', '1.66', '7', '1.86', '7'], ['portugal', '0.62', '3', '0.70', '2'], ['germany', '0.57', '3', '0.70', '2'], ['netherlands', '0.40', '2', '0.55', '2'], ['belgium', '0.29', '1', '0.31', '1'], ['greece', '0.27', '1', '0.31', '1'], ['other', '1.01', '5', '1.26', '5'], ['total conduit assets', '$ 23.89', '100% ( 100 % )', '$ 28.76', '100% ( 100 % )']]\n\nFollowing Text:\nthe conduits meet the definition of a vie , as defined by fin 46 ( r ) .\nwe have determined that we are not the primary beneficiary of the conduits , as defined by fin 46 ( r ) , and do not record them in our consolidated financial statements .\nwe hold no direct or indirect ownership interest in the conduits , but we provide subordinated financial support to them through contractual arrangements .\nstandby letters of credit absorb certain actual credit losses from the conduit assets ; our commitment under these letters of credit totaled $ 1.00 billion and $ 1.04 billion at december 31 , 2008 and 2007 , respectively .\nliquidity asset purchase agreements provide liquidity to the conduits in the event they cannot place commercial paper in the ordinary course of their business ; these facilities , which require us to purchase assets from the conduits at par , would provide the needed liquidity to repay maturing commercial paper if there was a disruption in the asset-backed commercial paper market .\nthe aggregate commitment under the liquidity asset purchase agreements was approximately $ 23.59 billion and $ 28.37 billion at december 31 , 2008 and 2007 , respectively .\nwe did not accrue for any losses associated with either our commitment under the standby letters of credit or the liquidity asset purchase agreements in our consolidated statement of condition at december 31 , 2008 or 2007 .\nduring the first quarter of 2008 , pursuant to the contractual terms of our liquidity asset purchase agreements with the conduits , we were required to purchase $ 850 million of conduit assets .\nthe purchase was the result of various factors , including the continued illiquidity in the commercial paper markets .\nthe securities were purchased at prices determined in accordance with existing contractual terms in the liquidity asset purchase agreements , and which exceeded their fair value .\naccordingly , during the first quarter of 2008 , the securities were written down to their fair value through a $ 12 million reduction of processing fees and other revenue in our consolidated statement of income , and are carried at fair value in securities available for sale in our consolidated statement of condition .\nnone of our liquidity asset purchase agreements with the conduits were drawn upon during the remainder of 2008 , and no draw-downs on the standby letters of credit occurred during 2008 .\nthe conduits generally sell commercial paper to independent third-party investors .\nhowever , we sometimes purchase commercial paper from the conduits .\nas of december 31 , 2008 , we held an aggregate of approximately $ 230 million of commercial paper issued by the conduits , and $ 2 million at december 31 , 2007 .\nin addition , approximately $ 5.70 billion of u.s .\nconduit-issued commercial paper had been sold to the cpff .\nthe cpff is scheduled to expire on october 31 , 2009 .\nthe weighted-average maturity of the conduits 2019 commercial paper in the aggregate was approximately 25 days as of december 31 , 2008 , compared to approximately 20 days as of december 31 , 2007 .\neach of the conduits has issued first-loss notes to independent third parties , which third parties absorb first- dollar losses related to credit risk .\naggregate first-loss notes outstanding at december 31 , 2008 for the four conduits totaled $ 67 million , compared to $ 32 million at december 31 , 2007 .\nactual credit losses of the conduits .\n\nQuestion: what is the percentage change in conduit assets in unites states from 2007 to 2008?",
        "solution": "-8.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2014/page_35.pdf\n\nID: UPS/2014/page_35.pdf-3\n\nPrevious Text:\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , 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 .\nthe 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 .\nthe 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 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .\n\nTable Data:\n[['', '12/31/2009', '12/31/2010', '12/31/2011', '12/31/2012', '12/31/2013', '12/31/2014'], ['united parcel service inc .', '$ 100.00', '$ 130.29', '$ 135.35', '$ 140.54', '$ 205.95', '$ 223.79'], ['standard & poor 2019s 500 index', '$ 100.00', '$ 115.06', '$ 117.48', '$ 136.26', '$ 180.38', '$ 205.05'], ['dow jones transportation average', '$ 100.00', '$ 126.74', '$ 126.75', '$ 136.24', '$ 192.61', '$ 240.91']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in percentage cumulative total shareowners 2019 returns for united parcel service inc . compared to the standard & poor's 500 index for the five years ended 12/31/2014?",
        "solution": "18.74%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UA/2011/page_43.pdf\n\nID: UA/2011/page_43.pdf-1\n\nPrevious Text:\n2022 selling costs increased $ 25.0 million to $ 94.6 million in 2010 from $ 69.6 million in 2009 .\nthis increase was primarily due to higher personnel and other costs incurred for the continued expansion of our direct to consumer distribution channel and higher selling personnel costs , including increased expenses for our performance incentive plan as compared to the prior year .\nas a percentage of net revenues , selling costs increased to 8.9% ( 8.9 % ) in 2010 from 8.1% ( 8.1 % ) in 2009 primarily due to higher personnel and other costs incurred for the continued expansion of our factory house stores .\n2022 product innovation and supply chain costs increased $ 25.0 million to $ 96.8 million in 2010 from $ 71.8 million in 2009 primarily due to higher personnel costs for the design and sourcing of our expanding apparel , footwear and accessories lines and higher distribution facilities operating and personnel costs as compared to the prior year to support our growth in net revenues .\nin addition , we incurred higher expenses for our performance incentive plan as compared to the prior year .\nas a percentage of net revenues , product innovation and supply chain costs increased to 9.1% ( 9.1 % ) in 2010 from 8.4% ( 8.4 % ) in 2009 primarily due to the items noted above .\n2022 corporate services costs increased $ 24.0 million to $ 98.6 million in 2010 from $ 74.6 million in 2009 .\nthis increase was attributable primarily to higher corporate facility costs , information technology initiatives and corporate personnel costs , including increased expenses for our performance incentive plan as compared to the prior year .\nas a percentage of net revenues , corporate services costs increased to 9.3% ( 9.3 % ) in 2010 from 8.7% ( 8.7 % ) in 2009 primarily due to the items noted above .\nincome from operations increased $ 27.1 million , or 31.8% ( 31.8 % ) , to $ 112.4 million in 2010 from $ 85.3 million in 2009 .\nincome from operations as a percentage of net revenues increased to 10.6% ( 10.6 % ) in 2010 from 10.0% ( 10.0 % ) in 2009 .\nthis increase was a result of the items discussed above .\ninterest expense , net remained unchanged at $ 2.3 million in 2010 and 2009 .\nother expense , net increased $ 0.7 million to $ 1.2 million in 2010 from $ 0.5 million in 2009 .\nthe increase in 2010 was due to higher net losses on the combined foreign currency exchange rate changes on transactions denominated in the euro and canadian dollar and our derivative financial instruments as compared to 2009 .\nprovision for income taxes increased $ 4.8 million to $ 40.4 million in 2010 from $ 35.6 million in 2009 .\nour effective tax rate was 37.1% ( 37.1 % ) in 2010 compared to 43.2% ( 43.2 % ) in 2009 , primarily due to tax planning strategies and federal and state tax credits reducing the effective tax rate , partially offset by a valuation allowance recorded against our foreign net operating loss carryforward .\nsegment results of operations year ended december 31 , 2011 compared to year ended december 31 , 2010 net revenues by geographic region are summarized below: .\n\nTable Data:\n[['( in thousands )', 'year ended december 31 , 2011', 'year ended december 31 , 2010', 'year ended december 31 , $ change', 'year ended december 31 , % (  % ) change'], ['north america', '$ 1383346', '$ 997816', '$ 385530', '38.6% ( 38.6 % )'], ['other foreign countries', '89338', '66111', '23227', '35.1'], ['total net revenues', '$ 1472684', '$ 1063927', '$ 408757', '38.4% ( 38.4 % )']]\n\nFollowing Text:\nnet revenues in our north american operating segment increased $ 385.5 million to $ 1383.3 million in 2011 from $ 997.8 million in 2010 primarily due to the items discussed above in the consolidated results of operations .\nnet revenues in other foreign countries increased by $ 23.2 million to $ 89.3 million in 2011 from $ 66.1 million in 2010 primarily due to footwear shipments to our dome licensee , as well as unit sales growth to our distributors in our latin american operating segment. .\n\nQuestion: what was the percentage increase in the provision for income taxes from 2009 to 2010",
        "solution": "13.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2015/page_243.pdf\n\nID: JPM/2015/page_243.pdf-2\n\nPrevious Text:\njpmorgan chase & co./2015 annual report 233 note 11 2013 noninterest expense for details on noninterest expense , see consolidated statements of income on page 176 .\nincluded within other expense is the following : year ended december 31 , ( in millions ) 2015 2014 2013 .\n\nTable Data:\n[['year ended december 31 ( in millions )', '2015', '2014', '2013'], ['legal expense', '$ 2969', '$ 2883', '$ 11143'], ['federal deposit insurance corporation-related ( 201cfdic 201d ) expense', '1227', '1037', '1496']]\n\nFollowing Text:\nfederal deposit insurance corporation-related ( 201cfdic 201d ) expense 1227 1037 1496 note 12 2013 securities securities are classified as trading , afs or held-to-maturity ( 201chtm 201d ) .\nsecurities classified as trading assets are discussed in note 3 .\npredominantly all of the firm 2019s afs and htm investment securities ( the 201cinvestment securities portfolio 201d ) are held by treasury and cio in connection with its asset-liability management objectives .\nat december 31 , 2015 , the investment securities portfolio consisted of debt securities with an average credit rating of aa+ ( based upon external ratings where available , and where not available , based primarily upon internal ratings which correspond to ratings as defined by s&p and moody 2019s ) .\nafs securities are carried at fair value on the consolidated balance sheets .\nunrealized gains and losses , after any applicable hedge accounting adjustments , are reported as net increases or decreases to accumulated other comprehensive income/ ( loss ) .\nthe specific identification method is used to determine realized gains and losses on afs securities , which are included in securities gains/ ( losses ) on the consolidated statements of income .\nhtm debt securities , which management has the intent and ability to hold until maturity , are carried at amortized cost on the consolidated balance sheets .\nfor both afs and htm debt securities , purchase discounts or premiums are generally amortized into interest income over the contractual life of the security .\nduring 2014 , the firm transferred u.s .\ngovernment agency mortgage-backed securities and obligations of u.s .\nstates and municipalities with a fair value of $ 19.3 billion from afs to htm .\nthese securities were transferred at fair value , and the transfer was a non-cash transaction .\naoci included net pretax unrealized losses of $ 9 million on the securities at the date of transfer .\nthe transfer reflected the firm 2019s intent to hold the securities to maturity in order to reduce the impact of price volatility on aoci and certain capital measures under basel iii. .\n\nQuestion: what was the percent of the other expenses federal deposit insurance corporation-related ( 201cfdic 201d ) expense as a percent of the legal expense",
        "solution": "41.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_79.pdf\n\nID: AAPL/2007/page_79.pdf-1\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 6 2014shareholders 2019 equity ( continued ) the following table summarizes activity in other comprehensive income related to derivatives , net of taxes , held by the company ( in millions ) : .\n\nTable Data:\n[['', '2007', '2006', '2005'], ['changes in fair value of derivatives', '$ -1 ( 1 )', '$ 11', '$ 7'], ['adjustment for net ( losses ) /gains realized and included in net income', '-2 ( 2 )', '-12 ( 12 )', '1'], ['change in unrealized gains on derivative instruments', '$ -3 ( 3 )', '$ -1 ( 1 )', '$ 8']]\n\nFollowing Text:\nthe tax effect related to the changes in fair value of derivatives was $ 1 million , $ ( 8 ) million , and $ ( 3 ) million for 2007 , 2006 , and 2005 , respectively .\nthe tax effect related to derivative gains/losses reclassified from other comprehensive income to net income was $ 2 million , $ 8 million , and $ ( 2 ) million for 2007 , 2006 , and 2005 , respectively .\nemployee benefit plans 2003 employee stock plan the 2003 employee stock plan ( the 2018 20182003 plan 2019 2019 ) is a shareholder approved plan that provides for broad- based grants to employees , including executive officers .\nbased on the terms of individual option grants , options granted under the 2003 plan generally expire 7 to 10 years after the grant date and generally become exercisable over a period of four years , based on continued employment , with either annual or quarterly vesting .\nthe 2003 plan permits the granting of incentive stock options , nonstatutory stock options , rsus , stock appreciation rights , stock purchase rights and performance-based awards .\nduring 2007 , the company 2019s shareholders approved an amendment to the 2003 plan to increase the number of shares authorized for issuance by 28 million shares .\n1997 employee stock option plan in august 1997 , the company 2019s board of directors approved the 1997 employee stock option plan ( the 2018 20181997 plan 2019 2019 ) , a non-shareholder approved plan for grants of stock options to employees who are not officers of the company .\nbased on the terms of individual option grants , options granted under the 1997 plan generally expire 7 to 10 years after the grant date and generally become exercisable over a period of four years , based on continued employment , with either annual or quarterly vesting .\nin october 2003 , the company terminated the 1997 plan and no new options can be granted from this plan .\n1997 director stock option plan in august 1997 , the company 2019s board of directors adopted a director stock option plan ( the 2018 2018director plan 2019 2019 ) for non-employee directors of the company , which was approved by shareholders in 1998 .\npursuant to the director plan , the company 2019s non-employee directors are granted an option to acquire 30000 shares of common stock upon their initial election to the board ( 2018 2018initial options 2019 2019 ) .\nthe initial options vest and become exercisable in three equal annual installments on each of the first through third anniversaries of the grant date .\non the fourth anniversary of a non-employee director 2019s initial election to the board and on each subsequent anniversary thereafter , the director will be entitled to receive an option to acquire 10000 shares of common stock ( 2018 2018annual options 2019 2019 ) .\nannual options are fully vested and immediately exercisable on their date of grant .\nrule 10b5-1 trading plans certain of the company 2019s executive officers , including mr .\ntimothy d .\ncook , mr .\npeter oppenheimer , mr .\nphilip w .\nschiller , and dr .\nbertrand serlet , have entered into trading plans pursuant to .\n\nQuestion: what was the smallest change in changes in fair value of derivatives , in millions",
        "solution": "-1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EMN/2007/page_129.pdf\n\nID: EMN/2007/page_129.pdf-1\n\nPrevious Text:\nnotes to the audited consolidated financial statements for 2007 , 2006 , and 2005 , total share-based compensation expense ( before tax ) of approximately $ 26 million , $ 29 million , and $ 22 million , respectively , was recognized in selling , general and administrative expense in the consolidated statement of earnings for all share-based awards of which approximately $ 13 million , $ 17 million , and $ 5 million , respectively , related to stock options .\nsfas no .\n123 ( r ) requires that compensation expense is recognized over the substantive vesting period , which may be a shorter time period than the stated vesting period for retirement-eligible employees .\nfor 2007 and 2006 , approximately $ 3 million and $ 8 million , respectively , of stock option compensation expense were recognized due to retirement eligibility preceding the requisite vesting period .\nstock option awards option awards are granted on an annual basis to non-employee directors and to employees who meet certain eligibility requirements .\noption awards have an exercise price equal to the closing price of the company's stock on the date of grant .\nthe term life of options is ten years with vesting periods that vary up to three years .\nvesting usually occurs ratably over the vesting period or at the end of the vesting period .\nthe company utilizes the black scholes merton ( \"bsm\" ) option valuation model which relies on certain assumptions to estimate an option's fair value .\nthe weighted average assumptions used in the determination of fair value for stock options awarded in 2007 , 2006 , and 2005 are provided in the table below: .\n\nTable Data:\n[['assumptions', '2007', '2006', '2005'], ['expected volatility rate', '20.80% ( 20.80 % )', '21.40% ( 21.40 % )', '22.90% ( 22.90 % )'], ['expected dividend yield', '2.92% ( 2.92 % )', '3.24% ( 3.24 % )', '3.29% ( 3.29 % )'], ['average risk-free interest rate', '4.24% ( 4.24 % )', '4.62% ( 4.62 % )', '4.48% ( 4.48 % )'], ['expected forfeiture rate', '0.75% ( 0.75 % )', '0.75% ( 0.75 % )', 'actual'], ['expected term years', '4.40', '4.40', '5.00']]\n\nFollowing Text:\nthe volatility rate of grants is derived from historical company common stock price volatility over the same time period as the expected term of each stock option award .\nthe volatility rate is derived by mathematical formula utilizing the weekly high closing stock price data over the expected term .\nthe expected dividend yield is calculated using the expected company annual dividend amount over the expected term divided by the fair market value of the company's common stock .\nthe average risk-free interest rate is derived from united states department of treasury published interest rates of daily yield curves for the same time period as the expected term .\nsfas no .\n123 ( r ) specifies only share-based awards expected to vest be included in share-based compensation expense .\nestimated forfeiture rates are determined using historical forfeiture experience for each type of award and are excluded from the quantity of awards included in share-based compensation expense .\nthe weighted average expected term reflects the analysis of historical share-based award transactions and includes option swap and reload grants which may have much shorter remaining expected terms than new option grants. .\n\nQuestion: in 2007 what was the percent of the shared based compensation associated with stock options",
        "solution": "50%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2010/page_132.pdf\n\nID: RSG/2010/page_132.pdf-2\n\nPrevious Text:\napproximately $ 32 million of federal tax payments were deferred and paid in 2009 as a result of the allied acquisition .\nthe following table summarizes the activity in our gross unrecognized tax benefits for the years ended december 31: .\n\nTable Data:\n[['', '2010', '2009', '2008'], ['balance at beginning of year', '$ 242.2', '$ 611.9', '$ 23.2'], ['additions due to the allied acquisition', '-', '13.3', '582.9'], ['additions based on tax positions related to current year', '2.8', '3.9', '10.6'], ['reductions for tax positions related to the current year', '-', '-', '-5.1 ( 5.1 )'], ['additions for tax positions of prior years', '7.5', '5.6', '2.0'], ['reductions for tax positions of prior years', '-7.4 ( 7.4 )', '-24.1 ( 24.1 )', '-1.3 ( 1.3 )'], ['reductions for tax positions resulting from lapse of statute of limitations', '-10.4 ( 10.4 )', '-0.5 ( 0.5 )', '-0.4 ( 0.4 )'], ['settlements', '-11.9 ( 11.9 )', '-367.9 ( 367.9 )', '-'], ['balance at end of year', '$ 222.8', '$ 242.2', '$ 611.9']]\n\nFollowing Text:\nnew accounting guidance for business combinations became effective for our 2009 financial statements .\nthis new guidance changed the treatment of acquired uncertain tax liabilities .\nunder previous guidance , changes in acquired uncertain tax liabilities were recognized through goodwill .\nunder the new guidance , subsequent changes in acquired unrecognized tax liabilities are recognized through the income tax provision .\nas of december 31 , 2010 , $ 206.5 million of the $ 222.8 million of unrecognized tax benefits related to tax positions taken by allied prior to the 2008 acquisition .\nincluded in the balance at december 31 , 2010 and 2009 are approximately $ 209.1 million and $ 217.6 million of unrecognized tax benefits ( net of the federal benefit on state issues ) that , if recognized , would affect the effective income tax rate in future periods .\nduring 2010 , the irs concluded its examination of our 2005 and 2007 tax years .\nthe conclusion of this examination reduced our gross unrecognized tax benefits by approximately $ 1.9 million .\nwe also resolved various state matters during 2010 that , in the aggregate , reduced our gross unrecognized tax benefits by approximately $ 10.0 million .\nduring 2009 , we settled our outstanding tax dispute related to allied 2019s risk management companies ( see 2013 risk management companies ) with both the department of justice ( doj ) and the internal revenue service ( irs ) .\nthis settlement reduced our gross unrecognized tax benefits by approximately $ 299.6 million .\nduring 2009 , we also settled with the irs , through an accounting method change , our outstanding tax dispute related to intercompany insurance premiums paid to allied 2019s captive insurance company .\nthis settlement reduced our gross unrecognized tax benefits by approximately $ 62.6 million .\nin addition to these federal matters , we also resolved various state matters that , in the aggregate , reduced our gross unrecognized tax benefits during 2009 by approximately $ 5.8 million .\nwe recognize interest and penalties as incurred within the provision for income taxes in our consolidated statements of income .\nrelated to the unrecognized tax benefits previously noted , we accrued interest of $ 19.2 million during 2010 and , in total as of december 31 , 2010 , have recognized a liability for penalties of $ 1.2 million and interest of $ 99.9 million .\nduring 2009 , we accrued interest of $ 24.5 million and , in total at december 31 , 2009 , had recognized a liability for penalties of $ 1.5 million and interest of $ 92.3 million .\nduring 2008 , we accrued penalties of $ 0.2 million and interest of $ 5.2 million and , in total at december 31 , 2008 , had recognized a liability for penalties of $ 88.1 million and interest of $ 180.0 million .\nrepublic services , inc .\nnotes to consolidated financial statements , continued .\n\nQuestion: in 2009 what was the gross adjustment to the unrecognized tax benefits balance based on the federal and state settlements in millions",
        "solution": "368"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2007/page_30.pdf\n\nID: CDNS/2007/page_30.pdf-4\n\nPrevious Text:\nthe graph below matches cadence design systems , inc . 2019s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index , the s&p information technology index , and the nasdaq composite index .\nthe graph assumes that the value of the investment in our common stock , and in each index ( including reinvestment of dividends ) was $ 100 on december 28 , 2002 and tracks it through december 29 , 2007 .\ncomparison of 5 year cumulative total return* among cadence design systems , inc. , the s&p 500 index , the nasdaq composite index and the s&p information technology index 12/29/0712/30/0612/31/051/1/051/3/0412/28/02 cadence design systems , inc .\nnasdaq composite s & p information technology s & p 500 * $ 100 invested on 12/28/02 in stock or on 12/31/02 in index-including reinvestment of dividends .\nindexes calculated on month-end basis .\ncopyright b7 2007 , standard & poor 2019s , a division of the mcgraw-hill companies , inc .\nall rights reserved .\nwww.researchdatagroup.com/s&p.htm .\n\nTable Data:\n[['', '12/28/02', '1/3/04', '1/1/05', '12/31/05', '12/30/06', '12/29/07'], ['cadence design systems inc .', '100.00', '149.92', '113.38', '138.92', '147.04', '139.82'], ['s & p 500', '100.00', '128.68', '142.69', '149.70', '173.34', '182.87'], ['nasdaq composite', '100.00', '149.75', '164.64', '168.60', '187.83', '205.22'], ['s & p information technology', '100.00', '147.23', '150.99', '152.49', '165.32', '192.28']]\n\nFollowing Text:\nthe stock price performance included in this graph is not necessarily indicative of future stock price performance .\n\nQuestion: what was the percentage cadence design systems , inc . 2019s cumulative 5-year total shareholder return on common stock for the period ending 12/29/07?",
        "solution": "39.82%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2019/page_85.pdf\n\nID: ADI/2019/page_85.pdf-2\n\nPrevious Text:\n9 .\nlease commitments the company leases certain land , facilities , equipment and software under various operating leases that expire at various dates through 2057 .\nthe lease agreements frequently include renewal and escalation clauses and require the company to pay taxes , insurance and maintenance costs .\ntotal rental expense under operating leases was approximatelya $ 92.3 million in fiscal 2019 , $ 84.9 million in fiscal 2018 and $ 58.8 million in fiscal 2017 .\nthe following is a schedule of futureff minimum rental payments required under long-term operating leases at november 2 , 2019 : operating fiscal years leases .\n\nTable Data:\n[['fiscal years', 'operating leases'], ['2020', '$ 79789'], ['2021', '67993'], ['2022', '40338'], ['2023', '37673'], ['2024', '32757'], ['later years', '190171'], ['total', '$ 448721']]\n\nFollowing Text:\n10 .\ncommitments and contingencies from time to time , in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , among other things , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage , employment or employment benefits .\nas to such claims and litigation , the company can give no assurance that it will prevail .\nthe company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows .\n11 .\nretirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees .\ndefined contribution plans the company maintains a defined contribution plan for the benefit of its eligible u.s .\nemployees .\nthis plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation .\nin addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation .\nthe total expense related to the defined contribution plans for u.s .\nemployees was $ 47.7 million in fiscal 2019 , $ 41.4 million in fiscal 2018 and $ 35.8 million in fiscal 2017 .\nnon-qualified deferred compensation plan the deferred compensation plan ( dcp ) allows certain members of management and other highly-compensated employees and non-employee directors to defer receipt of all or any portion of their compensation .\nthe dcp was established to provide participants with the opportunity to defer receiving all or a portion of their compensation , which includes salary , bonus , commissions and director fees .\nunder the dcp , the company provides all participants ( other than non-employee directors ) with company contributions equal to 8% ( 8 % ) of eligible deferred contributions .\nthe dcp is a non-qualified plan that is maintained in a rabbi trust .\nthe fair value of the investments held in the rabbi trust are presented separately as deferred compensation plan investments , with the current portion of the investment included in prepaid expenses and other current assets in the consolidated balance sheets .\nsee note 2j , fair value , for further information on these investments .\nthe deferred compensation obligation represents dcp participant accumulated deferrals and earnings thereon since the inception of the dcp net of withdrawals .\nthe deferred compensation obligation is presented separately as deferred compensation plan liability , with the current portion of the obligation in accrued liabilities in the consolidated balance sheets .\nthe company 2019s liability under the dcp is an unsecured general obligation of the company .\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the expected percentage change in total rental expense under operating leases in 2020 compare to 2019?",
        "solution": "-13.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2008/page_243.pdf\n\nID: CB/2008/page_243.pdf-3\n\nPrevious Text:\ns c h e d u l e i v ( continued ) ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2008 , 2007 , and 2006 ( in millions of u.s .\ndollars ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to .\n\nTable Data:\n[['for the years ended december 31 2008 2007 and 2006 ( in millions of u.s . dollars )', 'direct amount', 'ceded to other companies', 'assumed from other companies', 'net amount', 'percentage of amount assumed to net'], ['2008', '$ 16087', '$ 6144', '$ 3260', '$ 13203', '25% ( 25 % )'], ['2007', '$ 14673', '$ 5834', '$ 3458', '$ 12297', '28% ( 28 % )'], ['2006', '$ 13562', '$ 5198', '$ 3461', '$ 11825', '29% ( 29 % )']]\n\nFollowing Text:\n.\n\nQuestion: what is the growth rate of net amount from 2007 to 2008?",
        "solution": "7.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2015/page_77.pdf\n\nID: AON/2015/page_77.pdf-3\n\nPrevious Text:\nuncertain tax positions the following is a reconciliation of the company's beginning and ending amount of uncertain tax positions ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014'], ['balance at january 1', '$ 191', '$ 164'], ['additions based on tax positions related to the current year', '31', '31'], ['additions for tax positions of prior years', '53', '10'], ['reductions for tax positions of prior years', '-18 ( 18 )', '-6 ( 6 )'], ['settlements', '-32 ( 32 )', '2014'], ['business combinations', '2014', '5'], ['lapse of statute of limitations', '-5 ( 5 )', '-11 ( 11 )'], ['foreign currency translation', '-2 ( 2 )', '-2 ( 2 )'], ['balance at december 31', '$ 218', '$ 191']]\n\nFollowing Text:\nthe company's liability for uncertain tax positions as of december 31 , 2015 , 2014 , and 2013 , includes $ 180 million , $ 154 million , and $ 141 million , respectively , related to amounts that would impact the effective tax rate if recognized .\nit is possible that the amount of unrecognized tax benefits may change in the next twelve months ; however , we do not expect the change to have a significant impact on our consolidated statements of income or consolidated balance sheets .\nthese changes may be the result of settlements of ongoing audits .\nat this time , an estimate of the range of the reasonably possible outcomes within the twelve months cannot be made .\nthe company recognizes interest and penalties related to uncertain tax positions in its provision for income taxes .\nthe company accrued potential interest and penalties of $ 2 million , $ 4 million , and $ 2 million in 2015 , 2014 , and 2013 , respectively .\nthe company recorded a liability for interest and penalties of $ 33 million , $ 31 million , and $ 27 million as of december 31 , 2015 , 2014 , and 2013 , respectively .\nthe company and its subsidiaries file income tax returns in their respective jurisdictions .\nthe company has substantially concluded all u.s .\nfederal income tax matters for years through 2007 .\nmaterial u.s .\nstate and local income tax jurisdiction examinations have been concluded for years through 2005 .\nthe company has concluded income tax examinations in its primary non-u.s .\njurisdictions through 2005 .\n9 .\nshareholders' equity distributable reserves as a u.k .\nincorporated company , the company is required under u.k .\nlaw to have available \"distributable reserves\" to make share repurchases or pay dividends to shareholders .\ndistributable reserves may be created through the earnings of the u.k .\nparent company and , amongst other methods , through a reduction in share capital approved by the english companies court .\ndistributable reserves are not linked to a u.s .\ngaap reported amount ( e.g. , retained earnings ) .\nas of december 31 , 2015 and 2014 , the company had distributable reserves in excess of $ 2.1 billion and $ 4.0 billion , respectively .\nordinary shares in april 2012 , the company's board of directors authorized a share repurchase program under which up to $ 5.0 billion of class a ordinary shares may be repurchased ( \"2012 share repurchase program\" ) .\nin november 2014 , the company's board of directors authorized a new $ 5.0 billion share repurchase program in addition to the existing program ( \"2014 share repurchase program\" and , together , the \"repurchase programs\" ) .\nunder each program , shares may be repurchased through the open market or in privately negotiated transactions , based on prevailing market conditions , funded from available capital .\nduring 2015 , the company repurchased 16.0 million shares at an average price per share of $ 97.04 for a total cost of $ 1.6 billion under the repurchase programs .\nduring 2014 , the company repurchased 25.8 million shares at an average price per share of $ 87.18 for a total cost of $ 2.3 billion under the 2012 share repurchase plan .\nin august 2015 , the $ 5 billion of class a ordinary shares authorized under the 2012 share repurchase program was exhausted .\nat december 31 , 2015 , the remaining authorized amount for share repurchase under the 2014 share repurchase program is $ 4.1 billion .\nunder the repurchase programs , the company repurchased a total of 78.1 million shares for an aggregate cost of $ 5.9 billion. .\n\nQuestion: in 2015 what was the percentage change in the uncertain tax positions",
        "solution": "14.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2015/page_56.pdf\n\nID: AAPL/2015/page_56.pdf-1\n\nPrevious Text:\ntable of contents the notional amounts for outstanding derivative instruments provide one measure of the transaction volume outstanding and do not represent the amount of the company 2019s exposure to credit or market loss .\nthe credit risk amounts represent the company 2019s gross exposure to potential accounting loss on derivative instruments that are outstanding or unsettled if all counterparties failed to perform according to the terms of the contract , based on then-current currency or interest rates at each respective date .\nthe company 2019s exposure to credit loss and market risk will vary over time as currency and interest rates change .\nalthough the table above reflects the notional and credit risk amounts of the company 2019s derivative instruments , it does not reflect the gains or losses associated with the exposures and transactions that the instruments are intended to hedge .\nthe amounts ultimately realized upon settlement of these financial instruments , together with the gains and losses on the underlying exposures , will depend on actual market conditions during the remaining life of the instruments .\nthe company generally enters into master netting arrangements , which are designed to reduce credit risk by permitting net settlement of transactions with the same counterparty .\nto further limit credit risk , the company generally enters into collateral security arrangements that provide for collateral to be received or posted when the net fair value of certain financial instruments fluctuates from contractually established thresholds .\nthe company presents its derivative assets and derivative liabilities at their gross fair values in its consolidated balance sheets .\nthe net cash collateral received by the company related to derivative instruments under its collateral security arrangements was $ 1.0 billion as of september 26 , 2015 and $ 2.1 billion as of september 27 , 2014 .\nunder master netting arrangements with the respective counterparties to the company 2019s derivative contracts , the company is allowed to net settle transactions with a single net amount payable by one party to the other .\nas of september 26 , 2015 and september 27 , 2014 , the potential effects of these rights of set-off associated with the company 2019s derivative contracts , including the effects of collateral , would be a reduction to both derivative assets and derivative liabilities of $ 2.2 billion and $ 1.6 billion , respectively , resulting in net derivative liabilities of $ 78 million and $ 549 million , respectively .\naccounts receivable receivables the company has considerable trade receivables outstanding with its third-party cellular network carriers , wholesalers , retailers , value-added resellers , small and mid-sized businesses and education , enterprise and government customers .\nthe company generally does not require collateral from its customers ; however , the company will require collateral in certain instances to limit credit risk .\nin addition , when possible , the company attempts to limit credit risk on trade receivables with credit insurance for certain customers or by requiring third-party financing , loans or leases to support credit exposure .\nthese credit-financing arrangements are directly between the third-party financing company and the end customer .\nas such , the company generally does not assume any recourse or credit risk sharing related to any of these arrangements .\nas of september 26 , 2015 , the company had one customer that represented 10% ( 10 % ) or more of total trade receivables , which accounted for 12% ( 12 % ) .\nas of september 27 , 2014 , the company had two customers that represented 10% ( 10 % ) or more of total trade receivables , one of which accounted for 16% ( 16 % ) and the other 13% ( 13 % ) .\nthe company 2019s cellular network carriers accounted for 71% ( 71 % ) and 72% ( 72 % ) of trade receivables as of september 26 , 2015 and september 27 , 2014 , respectively .\nvendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of components to these vendors who manufacture sub-assemblies or assemble final products for the company .\nthe company purchases these components directly from suppliers .\nvendor non-trade receivables from three of the company 2019s vendors accounted for 38% ( 38 % ) , 18% ( 18 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 26 , 2015 and three of the company 2019s vendors accounted for 51% ( 51 % ) , 16% ( 16 % ) and 14% ( 14 % ) of total vendor non-trade receivables as of september 27 , 2014 .\nnote 3 2013 consolidated financial statement details the following tables show the company 2019s consolidated financial statement details as of september 26 , 2015 and september 27 , 2014 ( in millions ) : property , plant and equipment , net .\n\nTable Data:\n[['', '2015', '2014'], ['land and buildings', '$ 6956', '$ 4863'], ['machinery equipment and internal-use software', '37038', '29639'], ['leasehold improvements', '5263', '4513'], ['gross property plant and equipment', '49257', '39015'], ['accumulated depreciation and amortization', '-26786 ( 26786 )', '-18391 ( 18391 )'], ['total property plant and equipment net', '$ 22471', '$ 20624']]\n\nFollowing Text:\napple inc .\n| 2015 form 10-k | 53 .\n\nQuestion: what was the change in leasehold improvements between 2014 and 2015 , in millions?",
        "solution": "750"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2018/page_79.pdf\n\nID: PPG/2018/page_79.pdf-1\n\nPrevious Text:\n2018 ppg annual report and form 10-k 77 u.s .\nqualified pension beginning in 2012 , the company initiated a lump sum payout program that gave certain terminated vested participants in certain u.s .\ndefined benefit pension plans the option to take a one-time lump sum cash payment in lieu of receiving a future monthly annuity .\nduring 2017 , ppg paid $ 87 million in lump sum benefits to terminated vested participants who elected to participate in the program .\nas the lump-sum payments were in excess of the expected 2017 service and interest costs for the qualified pension plans , ppg remeasured the periodic benefit obligation of the qualified plans and recorded a settlement charge totaling $ 35 million ( $ 22 million after-tax ) .\nu.s .\nnon-qualified pension in the first quarter 2017 , ppg made lump-sum payments to certain retirees who had participated in ppg's u.s .\nnon-qualified pension plan ( the \"nonqualified plan\" ) totaling approximately $ 40 million .\nas the lump-sum payments were in excess of the expected 2017 service and interest costs for the nonqualified plan , ppg remeasured the periodic benefit obligation of the nonqualified plan as of march 1 , 2017 and recorded a settlement charge totaling $ 22 million ( $ 14 million after-tax ) .\nplan assets each ppg sponsored defined benefit pension plan is managed in accordance with the requirements of local laws and regulations governing defined benefit pension plans for the exclusive purpose of providing pension benefits to participants and their beneficiaries .\ninvestment committees comprised of ppg managers have fiduciary responsibility to oversee the management of pension plan assets by third party asset managers .\npension plan assets are held in trust by financial institutions and managed on a day-to-day basis by the asset managers .\nthe asset managers receive a mandate from each investment committee that is aligned with the asset allocation targets established by each investment committee to achieve the plan 2019s investment strategies .\nthe performance of the asset managers is monitored and evaluated by the investment committees throughout the year .\npension plan assets are invested to generate investment earnings over an extended time horizon to help fund the cost of benefits promised under the plans while mitigating investment risk .\nthe asset allocation targets established for each pension plan are intended to diversify the investments among a variety of asset categories and among a variety of individual securities within each asset category to mitigate investment risk and provide each plan with sufficient liquidity to fund the payment of pension benefits to retirees .\nthe following summarizes the weighted average target pension plan asset allocation as of december 31 , 2018 and 2017 for all ppg defined benefit plans: .\n\nTable Data:\n[['asset category', '2018', '2017'], ['equity securities', '15-45% ( 15-45 % )', '15-45% ( 15-45 % )'], ['debt securities', '30-65% ( 30-65 % )', '30-65% ( 30-65 % )'], ['real estate', '0-10% ( 0-10 % )', '0-10% ( 0-10 % )'], ['other', '20-40% ( 20-40 % )', '20-40% ( 20-40 % )']]\n\nFollowing Text:\nnotes to the consolidated financial statements .\n\nQuestion: what was the tax expense for the non-qualified periodic benefit obligation settlement charge? ( $ million )",
        "solution": "8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2017/page_74.pdf\n\nID: RSG/2017/page_74.pdf-2\n\nPrevious Text:\nfinancial assurance we must provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts .\nwe satisfy these financial assurance requirements by providing surety bonds , letters of credit , or insurance policies ( financial assurance instruments ) , or trust deposits , which are included in restricted cash and marketable securities and other assets in our consolidated balance sheets .\nthe amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations .\nthe financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill .\ngenerally , states require a third-party engineering specialist to determine the estimated capping , closure and post-closure costs that are used to determine the required amount of financial assurance for a landfill .\nthe amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s .\ngaap .\nthe amount of the financial assurance requirements related to contract performance varies by contract .\nadditionally , we must provide financial assurance for our insurance program and collateral for certain performance obligations .\nwe do not expect a material increase in financial assurance requirements during 2018 , although the mix of financial assurance instruments may change .\nthese financial assurance instruments are issued in the normal course of business and are not considered indebtedness .\nbecause we currently have no liability for the financial assurance instruments , they are not reflected in our consolidated balance sheets ; however , we record capping , closure and post-closure liabilities and insurance liabilities as they are incurred .\noff-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and financial assurances , which are not classified as debt .\nwe have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations .\nwe have not guaranteed any third-party debt .\nfree cash flow we define free cash flow , which is not a measure determined in accordance with u.s .\ngaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment , as presented in our consolidated statements of cash flows .\nthe following table calculates our free cash flow for the years ended december 31 , 2017 , 2016 and 2015 ( in millions of dollars ) : .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['cash provided by operating activities', '$ 1910.7', '$ 1847.8', '$ 1679.7'], ['purchases of property and equipment', '-989.8 ( 989.8 )', '-927.8 ( 927.8 )', '-945.6 ( 945.6 )'], ['proceeds from sales of property and equipment', '6.1', '9.8', '21.2'], ['free cash flow', '$ 927.0', '$ 929.8', '$ 755.3']]\n\nFollowing Text:\nfor a discussion of the changes in the components of free cash flow , see our discussion regarding cash flows provided by operating activities and cash flows used in investing activities contained elsewhere in this management 2019s discussion and analysis of financial condition and results of operations. .\n\nQuestion: what is the average from the proceeds from sales of property and equipment from 2015 to 2017",
        "solution": "12.37"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2018/page_96.pdf\n\nID: MRO/2018/page_96.pdf-1\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements expected long-term return on plan assets 2013 the expected long-term return on plan assets assumption for our u.s .\nfunded plan is determined based on an asset rate-of-return modeling tool developed by a third-party investment group which utilizes underlying assumptions based on actual returns by asset category and inflation and takes into account our u.s .\npension plan 2019s asset allocation .\nto determine the expected long-term return on plan assets assumption for our international plans , we consider the current level of expected returns on risk-free investments ( primarily government bonds ) , the historical levels of the risk premiums associated with the other applicable asset categories and the expectations for future returns of each asset class .\nthe expected return for each asset category is then weighted based on the actual asset allocation to develop the overall expected long-term return on plan assets assumption .\nassumed weighted average health care cost trend rates .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['initial health care trend rate', 'n/a', '8.00% ( 8.00 % )', '8.25% ( 8.25 % )'], ['ultimate trend rate', 'n/a', '4.70% ( 4.70 % )', '4.50% ( 4.50 % )'], ['year ultimate trend rate is reached', 'n/a', '2025', '2025']]\n\nFollowing Text:\nn/a all retiree medical subsidies are frozen as of january 1 , 2019 .\nemployer provided subsidies for post-65 retiree health care coverage were frozen effective january 1 , 2017 at january 1 , 2016 established amount levels .\ncompany contributions are funded to a health reimbursement account on the retiree 2019s behalf to subsidize the retiree 2019s cost of obtaining health care benefits through a private exchange ( the 201cpost-65 retiree health benefits 201d ) .\ntherefore , a 1% ( 1 % ) change in health care cost trend rates would not have a material impact on either the service and interest cost components and the postretirement benefit obligations .\nin the fourth quarter of 2018 , we terminated the post-65 retiree health benefits effective as of december 31 , 2020 .\nthe post-65 retiree health benefits will no longer be provided after that date .\nin addition , the pre-65 retiree medical coverage subsidy has been frozen as of january 1 , 2019 , and the ability for retirees to opt in and out of this coverage , as well as pre-65 retiree dental and vision coverage , has also been eliminated .\nretirees must enroll in connection with retirement for such coverage , or they lose eligibility .\nthese plan changes reduced our retiree medical benefit obligation by approximately $ 99 million .\nplan investment policies and strategies 2013 the investment policies for our u.s .\nand international pension plan assets reflect the funded status of the plans and expectations regarding our future ability to make further contributions .\nlong-term investment goals are to : ( 1 ) manage the assets in accordance with applicable legal requirements ; ( 2 ) produce investment returns which meet or exceed the rates of return achievable in the capital markets while maintaining the risk parameters set by the plan's investment committees and protecting the assets from any erosion of purchasing power ; and ( 3 ) position the portfolios with a long-term risk/ return orientation .\ninvestment performance and risk is measured and monitored on an ongoing basis through quarterly investment meetings and periodic asset and liability studies .\nu.s .\nplan 2013 the plan 2019s current targeted asset allocation is comprised of 55% ( 55 % ) equity securities and 45% ( 45 % ) other fixed income securities .\nover time , as the plan 2019s funded ratio ( as defined by the investment policy ) improves , in order to reduce volatility in returns and to better match the plan 2019s liabilities , the allocation to equity securities will decrease while the amount allocated to fixed income securities will increase .\nthe plan's assets are managed by a third-party investment manager .\ninternational plan 2013 our international plan's target asset allocation is comprised of 55% ( 55 % ) equity securities and 45% ( 45 % ) fixed income securities .\nthe plan assets are invested in ten separate portfolios , mainly pooled fund vehicles , managed by several professional investment managers whose performance is measured independently by a third-party asset servicing consulting fair value measurements 2013 plan assets are measured at fair value .\nthe following provides a description of the valuation techniques employed for each major plan asset class at december 31 , 2018 and 2017 .\ncash and cash equivalents 2013 cash and cash equivalents are valued using a market approach and are considered level 1 .\nequity securities 2013 investments in common stock are valued using a market approach at the closing price reported in an active market and are therefore considered level 1 .\nprivate equity investments include interests in limited partnerships which are valued based on the sum of the estimated fair values of the investments held by each partnership , determined using a combination of market , income and cost approaches , plus working capital , adjusted for liabilities , currency translation and estimated performance incentives .\nthese private equity investments are considered level 3 .\ninvestments in pooled funds are valued using a market approach , these various funds consist of equity with underlying investments held in u.s .\nand non-u.s .\nsecurities .\nthe pooled funds are benchmarked against a relative public index and are considered level 2. .\n\nQuestion: what was the difference in the initial health care trend rate and the ultimate trend rate in 2017?",
        "solution": "3.30%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2017/page_26.pdf\n\nID: LMT/2017/page_26.pdf-1\n\nPrevious Text:\nitem 2 .\nproperties at december 31 , 2017 , we owned or leased building space ( including offices , manufacturing plants , warehouses , service centers , laboratories and other facilities ) at approximately 375 locations primarily in the u.s .\nadditionally , we manage or occupy approximately 15 government-owned facilities under lease and other arrangements .\nat december 31 , 2017 , we had significant operations in the following locations : 2022 aeronautics - palmdale , california ; marietta , georgia ; greenville , south carolina ; and fort worth , texas .\n2022 missiles and fire control - camdenarkansas ; ocala and orlando , florida ; lexington , kentucky ; and grand prairie , texas .\n2022 rotary andmission systems - colorado springs , colorado ; shelton and stratford , connecticut ; orlando and jupiter , florida ; moorestown/mt .\nlaurel , new jersey ; owego and syracuse , new york ; manassas , virginia ; and mielec , poland .\n2022 space - sunnyvale , california ; denver , colorado ; valley forge , pennsylvania ; and reading , england .\n2022 corporate activities - bethesda , maryland .\nthe following is a summary of our square feet of floor space by business segment at december 31 , 2017 ( in millions ) : owned leased government- owned total .\n\nTable Data:\n[['', 'owned', 'leased', 'government-owned', 'total'], ['aeronautics', '5.0', '2.1', '14.4', '21.5'], ['missiles and fire control', '6.3', '2.8', '1.8', '10.9'], ['rotary and mission systems', '11.2', '6.6', '0.4', '18.2'], ['space', '8.6', '1.9', '6.7', '17.2'], ['corporate activities', '2.7', '0.9', '2014', '3.6'], ['total', '33.8', '14.3', '23.3', '71.4']]\n\nFollowing Text:\nwe believe our facilities are in good condition and adequate for their current use.wemay improve , replace or reduce facilities as considered appropriate to meet the needs of our operations .\nitem 3 .\nlegal proceedings we are a party to or have property subject to litigation and other proceedings that arise in the ordinary course of our business , including matters arising under provisions relating to the protection of the environment and are subject to contingencies related to certain businesses we previously owned .\nthese types of matters could result in fines , penalties , compensatory or treble damages or non-monetary sanctions or relief .\nwe believe the probability is remote that the outcome of each of these matters will have a material adverse effect on the corporation as a whole , notwithstanding that the unfavorable resolution of any matter may have a material effect on our net earnings in any particular interim reporting period .\nwe cannot predict the outcome of legal or other proceedings with certainty .\nthese matters include the proceedings summarized in 201cnote 14 2013 legal proceedings , commitments and contingencies 201d included in our notes to consolidated financial statements .\nwe are subject to federal , state , local and foreign requirements for protection of the environment , including those for discharge ofhazardousmaterials and remediationof contaminated sites.due inpart to thecomplexity andpervasivenessof these requirements , we are a party to or have property subject to various lawsuits , proceedings and remediation obligations .\nthe extent of our financial exposure cannot in all cases be reasonably estimated at this time .\nfor information regarding these matters , including current estimates of the amounts that we believe are required for remediation or clean-up to the extent estimable , see 201ccriticalaccounting policies - environmental matters 201d in management 2019s discussion and analysis of financial condition and results of operations and 201cnote 14 2013 legal proceedings , commitments andcontingencies 201d included in ournotes to consolidated financial statements .\nas a u.s .\ngovernment contractor , we are subject to various audits and investigations by the u.s .\ngovernment to determine whetherouroperations arebeingconducted in accordancewith applicable regulatory requirements.u.s.government investigations of us , whether relating to government contracts or conducted for other reasons , could result in administrative , civil , or criminal liabilities , including repayments , fines or penalties being imposed upon us , suspension , proposed debarment , debarment from eligibility for future u.s .\ngovernment contracting , or suspension of export privileges .\nsuspension or debarment could have a material adverse effect on us because of our dependence on contracts with the u.s .\ngovernment .\nu.s .\ngovernment investigations often take years to complete and many result in no adverse action against us .\nwe also provide products and services to customers outside of the u.s. , which are subject to u.s .\nand foreign laws and regulations and foreign procurement policies and practices .\nour compliance with local regulations or applicable u.s .\ngovernment regulations also may be audited or investigated .\nitem 4 .\nmine safety disclosures not applicable. .\n\nQuestion: at december 31 , 2017 what was the percent of the total owned square feet applicable to aeronautics 5.0",
        "solution": "14.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2018/page_190.pdf\n\nID: C/2018/page_190.pdf-2\n\nPrevious Text:\ninvestment strategy the company 2019s global pension and postretirement funds 2019 investment strategy is to invest in a prudent manner for the exclusive purpose of providing benefits to participants .\nthe investment strategies are targeted to produce a total return that , when combined with the company 2019s contributions to the funds , will maintain the funds 2019 ability to meet all required benefit obligations .\nrisk is controlled through diversification of asset types and investments in domestic and international equities , fixed income securities and cash and short-term investments .\nthe target asset allocation in most locations outside the u.s .\nis primarily in equity and debt securities .\nthese allocations may vary by geographic region and country depending on the nature of applicable obligations and various other regional considerations .\nthe wide variation in the actual range of plan asset allocations for the funded non-u.s .\nplans is a result of differing local statutory requirements and economic conditions .\nfor example , in certain countries local law requires that all pension plan assets must be invested in fixed income investments , government funds or local-country securities .\nsignificant concentrations of risk in plan assets the assets of the company 2019s pension plans are diversified to limit the impact of any individual investment .\nthe u.s .\nqualified pension plan is diversified across multiple asset classes , with publicly traded fixed income , hedge funds , publicly traded equity and real estate representing the most significant asset allocations .\ninvestments in these four asset classes are further diversified across funds , managers , strategies , vintages , sectors and geographies , depending on the specific characteristics of each asset class .\nthe pension assets for the company 2019s non-u.s .\nsignificant plans are primarily invested in publicly traded fixed income and publicly traded equity securities .\noversight and risk management practices the framework for the company 2019s pension oversight process includes monitoring of retirement plans by plan fiduciaries and/or management at the global , regional or country level , as appropriate .\nindependent risk management contributes to the risk oversight and monitoring for the company 2019s u.s .\nqualified pension plan and non-u.s .\nsignificant pension plans .\nalthough the specific components of the oversight process are tailored to the requirements of each region , country and plan , the following elements are common to the company 2019s monitoring and risk management process : 2022 periodic asset/liability management studies and strategic asset allocation reviews ; 2022 periodic monitoring of funding levels and funding ratios ; 2022 periodic monitoring of compliance with asset allocation guidelines ; 2022 periodic monitoring of asset class and/or investment manager performance against benchmarks ; and 2022 periodic risk capital analysis and stress testing .\nestimated future benefit payments the company expects to pay the following estimated benefit payments in future years: .\n\nTable Data:\n[['in millions of dollars', 'pension plans u.s . plans', 'pension plans non-u.s . plans', 'pension plans u.s . plans', 'non-u.s . plans'], ['2019', '$ 797', '$ 435', '$ 62', '$ 70'], ['2020', '828', '417', '62', '75'], ['2021', '847', '426', '61', '80'], ['2022', '857', '448', '59', '86'], ['2023', '873', '471', '57', '92'], ['2024 20132028', '4365', '2557', '252', '547']]\n\nFollowing Text:\n.\n\nQuestion: what are total estimated future benefit payments in millions for 2020?",
        "solution": "1382"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2005/page_27.pdf\n\nID: PKG/2005/page_27.pdf-2\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations the following discussion of historical results of operations and financial condition should be read in conjunction with the audited financial statements and the notes thereto which appear elsewhere in this report .\noverview on april 12 , 1999 , pca acquired the containerboard and corrugated products business of pactiv corporation ( the 201cgroup 201d ) , formerly known as tenneco packaging inc. , a wholly owned subsidiary of tenneco , inc .\nthe group operated prior to april 12 , 1999 as a division of pactiv , and not as a separate , stand-alone entity .\nfrom its formation in january 1999 and through the closing of the acquisition on april 12 , 1999 , pca did not have any significant operations .\nthe april 12 , 1999 acquisition was accounted for using historical values for the contributed assets .\npurchase accounting was not applied because , under the applicable accounting guidance , a change of control was deemed not to have occurred as a result of the participating veto rights held by pactiv after the closing of the transactions under the terms of the stockholders agreement entered into in connection with the transactions .\nresults of operations year ended december 31 , 2005 compared to year ended december 31 , 2004 the historical results of operations of pca for the years ended december , 31 2005 and 2004 are set forth the below : for the year ended december 31 , ( in millions ) 2005 2004 change .\n\nTable Data:\n[['( in millions )', 'for the year ended december 31 , 2005', 'for the year ended december 31 , 2004', 'change'], ['net sales', '$ 1993.7', '$ 1890.1', '$ 103.6'], ['income before interest and taxes', '$ 116.1', '$ 140.5', '$ -24.4 ( 24.4 )'], ['interest expense net', '-28.1 ( 28.1 )', '-29.6 ( 29.6 )', '1.5'], ['income before taxes', '88.0', '110.9', '-22.9 ( 22.9 )'], ['provision for income taxes', '-35.4 ( 35.4 )', '-42.2 ( 42.2 )', '6.8'], ['net income', '$ 52.6', '$ 68.7', '$ -16.1 ( 16.1 )']]\n\nFollowing Text:\nnet sales net sales increased by $ 103.6 million , or 5.5% ( 5.5 % ) , for the year ended december 31 , 2005 from the year ended december 31 , 2004 .\nnet sales increased primarily due to increased sales prices and volumes of corrugated products compared to 2004 .\ntotal corrugated products volume sold increased 4.2% ( 4.2 % ) to 31.2 billion square feet in 2005 compared to 29.9 billion square feet in 2004 .\non a comparable shipment-per-workday basis , corrugated products sales volume increased 4.6% ( 4.6 % ) in 2005 from 2004 .\nexcluding pca 2019s acquisition of midland container in april 2005 , corrugated products volume was 3.0% ( 3.0 % ) higher in 2005 than 2004 and up 3.4% ( 3.4 % ) compared to 2004 on a shipment-per-workday basis .\nshipments-per-workday is calculated by dividing our total corrugated products volume during the year by the number of workdays within the year .\nthe larger percentage increase was due to the fact that 2005 had one less workday ( 250 days ) , those days not falling on a weekend or holiday , than 2004 ( 251 days ) .\ncontainerboard sales volume to external domestic and export customers decreased 12.2% ( 12.2 % ) to 417000 tons for the year ended december 31 , 2005 from 475000 tons in 2004. .\n\nQuestion: what was the effective tax rate for pca in 2005?",
        "solution": "40%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2008/page_41.pdf\n\nID: MRO/2008/page_41.pdf-3\n\nPrevious Text:\nproved reserves can be added as expansions are permitted , funding is approved and certain stipulations of the joint venture agreement are satisfied .\nthe following table sets forth changes in estimated quantities of net proved bitumen reserves for the year 2008 .\nestimated quantities of proved bitumen reserves ( millions of barrels ) 2008 .\n\nTable Data:\n[['( millions of barrels )', '2008'], ['beginning of year', '421'], ['revisions ( a )', '-30 ( 30 )'], ['extensions discoveries and additions', '6'], ['production', '-9 ( 9 )'], ['end of year', '388']]\n\nFollowing Text:\n( a ) revisions were driven primarily by price and the impact of the new royalty regime discussed below .\nthe above estimated quantity of net proved bitumen reserves is a forward-looking statement and is based on a number of assumptions , including ( among others ) commodity prices , volumes in-place , presently known physical data , recoverability of bitumen , industry economic conditions , levels of cash flow from operations , and other operating considerations .\nto the extent these assumptions prove inaccurate , actual recoveries could be different than current estimates .\nfor a discussion of the proved bitumen reserves estimation process , see item 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 critical accounting estimates 2013 estimated net recoverable reserve quantities 2013 proved bitumen reserves .\noperations at the aosp are not within the scope of statement of financial accounting standards ( 201csfas 201d ) no .\n25 , 201csuspension of certain accounting requirements for oil and gas producing companies ( an amendment of financial accounting standards board ( 201cfasb 201d ) statement no .\n19 ) , 201d sfas no .\n69 , 201cdisclosures about oil and gas producing activities ( an amendment of fasb statements 19 , 25 , 33 and 39 ) , 201d and securities and exchange commission ( 201csec 201d ) rule 4-10 of regulation s-x ; therefore , bitumen production and reserves are not included in our supplementary information on oil and gas producing activities .\nthe sec has recently issued a release amending these disclosure requirements effective for annual reports on form 10-k for fiscal years ending on or after december 31 , 2009 , see item 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 accounting standards not yet adopted for additional information .\nprior to our acquisition of western , the first fully-integrated expansion of the existing aosp facilities was approved in 2006 .\nexpansion 1 , which includes construction of mining and extraction facilities at the jackpine mine , expansion of treatment facilities at the existing muskeg river mine , expansion of the scotford upgrader and development of related infrastructure , is anticipated to begin operations in late 2010 or 2011 .\nwhen expansion 1 is complete , we will have more than 50000 bpd of net production and upgrading capacity in the canadian oil sands .\nthe timing and scope of future expansions and debottlenecking opportunities on existing operations remain under review .\nduring 2008 , the alberta government accepted the project 2019s application to have a portion of the expansion 1 capital costs form part of the muskeg river mine 2019s allowable cost recovery pool .\ndue to commodity price declines in the year , royalties for 2008 were one percent of the gross mine revenue .\ncommencing january 1 , 2009 , the alberta royalty regime has been amended such that royalty rates will be based on the canadian dollar ( 201ccad 201d ) equivalent monthly average west texas intermediate ( 201cwti 201d ) price .\nroyalty rates will rise from a minimum of one percent to a maximum of nine percent under the gross revenue method and from a minimum of 25 percent to a maximum of 40 percent under the net revenue method .\nunder both methods , the minimum royalty is based on a wti price of $ 55.00 cad per barrel and below while the maximum royalty is reached at a wti price of $ 120.00 cad per barrel and above , with a linear increase in royalty between the aforementioned prices .\nthe above discussion of the oil sands mining segment includes forward-looking statements concerning the anticipated completion of aosp expansion 1 .\nfactors which could affect the expansion project include transportation logistics , availability of materials and labor , unforeseen hazards such as weather conditions , delays in obtaining or conditions imposed by necessary government and third-party approvals and other risks customarily associated with construction projects .\nrefining , marketing and transportation refining we own and operate seven refineries in the gulf coast , midwest and upper great plains regions of the united states with an aggregate refining capacity of 1.016 million barrels per day ( 201cmmbpd 201d ) of crude oil .\nduring 2008 .\n\nQuestion: what percent of ending reserves were due to extensions discoveries and additions?",
        "solution": "1.54%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2005/page_43.pdf\n\nID: MSI/2005/page_43.pdf-3\n\nPrevious Text:\npart ii item 5 : market for registrant's common equity , related stockholder matters and issuer purchases of equity securities motorola's common stock is listed on the new york and chicago stock exchanges .\nthe number of stockholders of record of motorola common stock on january 31 , 2006 was 80799 .\nthe remainder of the response to this item incorporates by reference note 15 , \"\"quarterly and other financial data ( unaudited ) '' of the notes to consolidated financial statements appearing under \"\"item 8 : financial statements and supplementary data'' .\nthe following table provides information with respect to acquisitions by the company of shares of its common stock during the quarter ended december 31 , 2005 .\nissuer purchases of equity securities ( d ) maximum number ( c ) total number ( or approximate dollar of shares purchased value ) of shares that ( a ) total number ( b ) average price as part of publicly may yet be purchased of shares paid per announced plans under the plans or period purchased ( 2 ) share ( 2 ) ( 3 ) or programs ( 1 ) programs ( 1 ) .\n\nTable Data:\n[['period', '( a ) total number of shares purchased ( 2 )', '( b ) average price paid per share ( 2 ) ( 3 )', '( c ) total number of shares purchased as part of publicly announced plans or programs ( 1 )', '( d ) maximum number ( or approximate dollar value ) of shares that may yet be purchased under the plans or programs ( 1 )'], ['10/2/05 to 10/29/05', '5506400', '$ 21.16', '5506400', '$ 3367111278'], ['10/30/05 to 11/26/05', '4968768', '$ 22.59', '4947700', '$ 3257373024'], ['11/27/05 to 12/31/05', '5824970', '$ 23.26', '5503500', '$ 3128512934'], ['total', '16300138', '$ 22.26', '15957600', '']]\n\nFollowing Text:\n( 1 ) on may 18 , 2005 , the company announced that its board of directors authorized the company to repurchase up to $ 4.0 billion of its outstanding shares of common stock over a 36-month period ending on may 31 , 2008 , subject to market conditions ( the \"\"stock repurchase program'' ) .\n( 2 ) in addition to purchases under the stock repurchase program , included in this column are transactions under the company's equity compensation plans involving the delivery to the company of 342415 shares of motorola common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to company employees and the surrender of 123 shares of motorola common stock to pay the option exercise price in connection with the exercise of employee stock options .\n( 3 ) average price paid per share of stock repurchased under the stock repurchase program is execution price , excluding commissions paid to brokers. .\n\nQuestion: what is the estimated value , in dollars , of the total number of shares purchased between 10/2/05 and 10/29/05?",
        "solution": "116515424"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_376.pdf\n\nID: ETR/2008/page_376.pdf-2\n\nPrevious Text:\nentergy texas , inc .\nmanagement's financial discussion and analysis net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .\nfollowing is an analysis of the change in net revenue comparing 2008 to 2007 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2007 net revenue', '$ 442.3'], ['volume/weather', '-4.6 ( 4.6 )'], ['reserve equalization', '-3.3 ( 3.3 )'], ['securitization transition charge', '9.1'], ['fuel recovery', '7.5'], ['other', '-10.1 ( 10.1 )'], ['2008 net revenue', '$ 440.9']]\n\nFollowing Text:\nthe volume/weather variance is primarily due to decreased usage during the unbilled sales period .\nsee \"critical accounting estimates\" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues .\nthe reserve equalization variance is primarily due to lower reserve equalization revenue related to changes in the entergy system generation mix compared to the same period in 2007 .\nthe securitization transition charge variance is primarily due to the issuance of securitization bonds .\nin june 2007 , entergy gulf states reconstruction funding i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds .\nsee note 5 to the financial statements for additional information regarding the securitization bonds .\nthe fuel recovery variance is primarily due to a reserve for potential rate refunds made in the first quarter 2007 as a result of a puct ruling related to the application of past puct rulings addressing transition to competition in texas .\nthe other variance is primarily caused by various operational effects of the jurisdictional separation on revenues and fuel and purchased power expenses .\ngross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased $ 229.3 million primarily due to the following reasons : an increase of $ 157 million in fuel cost recovery revenues due to higher fuel rates and increased usage , partially offset by interim fuel refunds to customers for fuel cost recovery over-collections through november 2007 .\nthe refund was distributed over a two-month period beginning february 2008 .\nthe interim refund and the puct approval is discussed in note 2 to the financial statements ; an increase of $ 37.1 million in affiliated wholesale revenue primarily due to increases in the cost of energy ; an increase in transition charge amounts collected from customers to service the securitization bonds as discussed above .\nsee note 5 to the financial statements for additional information regarding the securitization bonds ; and implementation of an interim surcharge to collect $ 10.3 million in under-recovered incremental purchased capacity costs incurred through july 2007 .\nthe surcharge was collected over a two-month period beginning february 2008 .\nthe incremental capacity recovery rider and puct approval is discussed in note 2 to the financial statements. .\n\nQuestion: what is the percent change in net revenue between 2007 and 2008?",
        "solution": "0.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_20.pdf\n\nID: ETR/2017/page_20.pdf-2\n\nPrevious Text:\nthe regulatory credit resulting from reduction of the federal corporate income tax rate variance is due to the reduction of the vidalia purchased power agreement regulatory liability by $ 30.5 million and the reduction of the louisiana act 55 financing savings obligation regulatory liabilities by $ 25 million as a result of the enactment of the tax cuts and jobs act , in december 2017 , which lowered the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) .\nthe effects of the tax cuts and jobs act are discussed further in note 3 to the financial statements .\nthe grand gulf recovery variance is primarily due to increased recovery of higher operating costs .\nthe louisiana act 55 financing savings obligation variance results from a regulatory charge in 2016 for tax savings to be shared with customers per an agreement approved by the lpsc .\nthe tax savings resulted from the 2010-2011 irs audit settlement on the treatment of the louisiana act 55 financing of storm costs for hurricane gustav and hurricane ike .\nsee note 3 to the financial statements for additional discussion of the settlement and benefit sharing .\nthe volume/weather variance is primarily due to the effect of less favorable weather on residential and commercial sales , partially offset by an increase in industrial usage .\nthe increase in industrial usage is primarily due to new customers in the primary metals industry and expansion projects and an increase in demand for existing customers in the chlor-alkali industry .\nentergy wholesale commodities following is an analysis of the change in net revenue comparing 2017 to 2016 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2016 net revenue', '$ 1542'], ['fitzpatrick sale', '-158 ( 158 )'], ['nuclear volume', '-89 ( 89 )'], ['fitzpatrick reimbursement agreement', '57'], ['nuclear fuel expenses', '108'], ['other', '9'], ['2017 net revenue', '$ 1469']]\n\nFollowing Text:\nas shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 73 million in 2017 primarily due to the absence of net revenue from the fitzpatrick plant after it was sold to exelon in march 2017 and lower volume in the entergy wholesale commodities nuclear fleet resulting from more outage days in 2017 as compared to 2016 .\nthe decrease was partially offset by an increase resulting from the reimbursement agreement with exelon pursuant to which exelon reimbursed entergy for specified out-of-pocket costs associated with preparing for the refueling and operation of fitzpatrick that otherwise would have been avoided had entergy shut down fitzpatrick in january 2017 and a decrease in nuclear fuel expenses primarily related to the impairments of the indian point 2 , indian point 3 , and palisades plants and related assets .\nrevenues received from exelon in 2017 under the reimbursement agreement are offset by other operation and maintenance expenses and taxes other than income taxes and had no effect on net income .\nsee note 14 to the financial statements for discussion of the sale of fitzpatrick , the reimbursement agreement with exelon , and the impairments and related charges .\nentergy corporation and subsidiaries management 2019s financial discussion and analysis .\n\nQuestion: what is the net change in net revenue during 2017?",
        "solution": "-73"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RL/2014/page_11.pdf\n\nID: RL/2014/page_11.pdf-1\n\nPrevious Text:\nour wholesale segment our wholesale segment sells our products to leading upscale and certain mid-tier department stores , specialty stores , and golf and pro shops , both domestically and internationally .\nwe have continued to focus on elevating our brand by improving in- store product assortment and presentation , as well as full-price sell-throughs to consumers .\nas of the end of fiscal 2014 , our ralph lauren-branded products were sold through over 11000 doors worldwide and we invested $ 53 million of capital in related shop- within-shops primarily in domestic and international department and specialty stores .\nour products are also sold through the e- commerce sites of certain of our wholesale customers .\nthe primary product offerings sold through our wholesale channels of distribution include menswear , womenswear , childrenswear , accessories , and home furnishings .\nour collection brands 2014 ralph lauren women's collection and black label and men's purple label and black label 2014 are distributed worldwide through a limited number of premier fashion retailers .\ndepartment stores are our major wholesale customers in north america .\nin latin america , our wholesale products are sold in department stores and specialty stores .\nin europe , our wholesale sales are a varying mix of sales to both department stores and specialty stores , depending on the country .\nin japan , our wholesale products are distributed primarily through shop-within-shops at premier and top-tier department stores , and the mix of business is weighted to men's and women's blue label .\nin the greater china and southeast asia region and australia , our wholesale products are sold mainly at mid and top-tier department stores , and the mix of business is primarily weighted to men's and women's blue label .\nwe also distribute product to certain licensed stores operated by our partners in latin america , europe , and asia .\nin addition , our club monaco products are distributed through select department stores and specialty stores in europe .\nwe sell the majority of our excess and out-of-season products through secondary distribution channels worldwide , including our retail factory stores .\nworldwide distribution channels the following table presents the number of doors by geographic location in which ralph lauren-branded products distributed by our wholesale segment were sold to consumers in our primary channels of distribution as of march 29 , 2014: .\n\nTable Data:\n[['location', 'number of doors'], ['the americas ( a )', '6459'], ['europe', '4864'], ['asia ( b )', '130'], ['total', '11453']]\n\nFollowing Text:\n( a ) includes the u.s. , canada , and latin america .\n( b ) includes australia , china , japan , the philippines , and thailand .\nin addition , chaps-branded products distributed by our wholesale segment were sold domestically through approximately 2800 doors as of march 29 , 2014 .\nwe have three key wholesale customers that generate significant sales volume .\nfor fiscal 2014 , these customers in the aggregate accounted for approximately 50% ( 50 % ) of our total wholesale revenues , with macy's , inc .\n( \"macy's\" ) representing approximately 25% ( 25 % ) of our total wholesale revenues .\nour products are sold primarily through our own sales forces .\nour wholesale segment maintains its primary showrooms in new york city .\nin addition , we maintain regional showrooms in milan , paris , london , munich , madrid , stockholm , and panama .\nshop-within-shops .\nas a critical element of our distribution to department stores , we and our licensing partners utilize shop-within-shops to enhance brand recognition , to permit more complete merchandising of our lines by the department stores , and to differentiate the presentation of our products .\nas of march 29 , 2014 , we had approximately 22000 shop-within-shops in our primary channels of distribution dedicated to our ralph lauren-branded wholesale products worldwide .\nthe size of our shop-within-shops ranges from approximately 100 to 9200 square feet .\nshop-within-shop fixed assets primarily include items such as customized freestanding fixtures , wall cases .\n\nQuestion: what percentage of doors in the wholesale segment as of march 29 , 2014 where in the americas?",
        "solution": "56%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2018/page_29.pdf\n\nID: LMT/2018/page_29.pdf-3\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities at january 25 , 2019 , we had 26812 holders of record of our common stock , par value $ 1 per share .\nour common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .\ninformation concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share .\n\nTable Data:\n[['quarter', 'dividends paid per share 2018', 'dividends paid per share 2017'], ['first', '$ 2.00', '$ 1.82'], ['second', '2.00', '1.82'], ['third', '2.00', '1.82'], ['fourth', '2.20', '2.00'], ['year', '$ 8.20', '$ 7.46']]\n\nFollowing Text:\nstockholder return performance graph the following graph compares the total return on a cumulative basis of $ 100 invested in lockheed martin common stock on december 31 , 2013 to the standard and poor 2019s ( s&p ) 500 index and the s&p aerospace & defense index .\nthe s&p aerospace & defense index comprises arconic inc. , general dynamics corporation , harris corporation , huntington ingalls industries , l3 technologies , inc. , lockheed martin corporation , northrop grumman corporation , raytheon company , textron inc. , the boeing company , transdigm group inc. , and united technologies corporation .\nthe stockholder return performance indicated on the graph is not a guarantee of future performance. .\n\nQuestion: what was the percentage increase in the dividends paid per share for the year from 2007 to 2008",
        "solution": "9.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2015/page_80.pdf\n\nID: GPN/2015/page_80.pdf-2\n\nPrevious Text:\nundistributed earnings of $ 696.9 million from certain foreign subsidiaries are considered to be permanently reinvested abroad and will not be repatriated to the united states in the foreseeable future .\nbecause those earnings are considered to be indefinitely reinvested , no domestic federal or state deferred income taxes have been provided thereon .\nif we were to make a distribution of any portion of those earnings in the form of dividends or otherwise , we would be subject to both u.s .\nincome taxes ( subject to an adjustment for foreign tax credits ) and withholding taxes payable to the various foreign jurisdictions .\nbecause of the availability of u.s .\nforeign tax credit carryforwards , it is not practicable to determine the domestic federal income tax liability that would be payable if such earnings were no longer considered to be reinvested indefinitely .\na valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized .\nchanges to our valuation allowance during the years ended may 31 , 2015 and 2014 are summarized below ( in thousands ) : .\n\nTable Data:\n[['balance at may 31 2013', '$ -28464 ( 28464 )'], ['utilization of foreign net operating loss carryforwards', '2822'], ['allowance for foreign tax credit carryforward', '18061'], ['other', '382'], ['balance at may 31 2014', '-7199 ( 7199 )'], ['utilization of foreign net operating loss carryforwards', '3387'], ['other', '-11 ( 11 )'], ['balance at may 31 2015', '$ -3823 ( 3823 )']]\n\nFollowing Text:\nnet operating loss carryforwards of foreign subsidiaries totaling $ 12.4 million and u.s .\nnet operating loss carryforwards previously acquired totaling $ 19.8 million at may 31 , 2015 will expire between may 31 , 2017 and may 31 , 2033 if not utilized .\ncapital loss carryforwards of u.s .\nsubsidiaries totaling $ 4.7 million will expire if not utilized by may 31 , 2017 .\ntax credit carryforwards totaling $ 8.4 million at may 31 , 2015 will expire between may 31 , 2017 and may 31 , 2023 if not utilized .\nwe conduct business globally and file income tax returns in the u.s .\nfederal jurisdiction and various state and foreign jurisdictions .\nin the normal course of business , we are subject to examination by taxing authorities around the world .\nas a result of events that occurred in the fourth quarter of the year ended may 31 , 2015 , management concluded that it was more likely than not that the tax positions in a foreign jurisdiction , for which we had recorded estimated liabilities of $ 65.6 million in other noncurrent liabilities on our consolidated balance sheet , would be sustained on their technical merits based on information available as of may 31 , 2015 .\ntherefore , the liability and corresponding deferred tax assets were eliminated as of may 31 , 2015 .\nthe uncertain tax positions have been subject to an ongoing examination in that foreign jurisdiction by the tax authority .\ndiscussions and correspondence between the tax authority and us during the fourth quarter indicated that the likelihood of the positions being sustained had increased .\nsubsequent to may 31 , 2015 , we received a final closure notice regarding the examination resulting in no adjustments to taxable income related to this matter for the tax returns filed for the periods ended may 31 , 2010 through may 31 , 2013 .\nthe unrecognized tax benefits were effectively settled with this final closure notice .\nwe are no longer subjected to state income tax examinations for years ended on or before may 31 , 2008 , u.s .\nfederal income tax examinations for fiscal years prior to 2012 and united kingdom federal income tax examinations for years ended on or before may 31 , 2013 .\n78 2013 global payments inc .\n| 2015 form 10-k annual report .\n\nQuestion: how much has the balance changed from 2013 to 2015?",
        "solution": "increased $ 24641 thousand"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2015/page_110.pdf\n\nID: AWK/2015/page_110.pdf-4\n\nPrevious Text:\nnote 4 : property , plant and equipment the following table summarizes the major classes of property , plant and equipment by category as of december 31 : 2015 2014 range of remaining useful weighted average useful life utility plant : land and other non-depreciable assets .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 141 $ 137 sources of supply .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n705 681 12 to 127 years 51 years treatment and pumping facilities .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n3070 2969 3 to 101 years 39 years transmission and distribution facilities .\n.\n.\n.\n.\n.\n.\n.\n.\n8516 7963 9 to 156 years 83 years services , meters and fire hydrants .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n3250 3062 8 to 93 years 35 years general structures and equipment .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n1227 1096 1 to 154 years 39 years waste treatment , pumping and disposal .\n.\n.\n.\n.\n.\n.\n.\n.\n313 281 2 to 115 years 46 years waste collection .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n473 399 5 to 109 years 56 years construction work in progress .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n404 303 total utility plant .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n18099 16891 nonutility property .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n405 378 3 to 50 years 6 years total property , plant and equipment .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 18504 $ 17269 property , plant and equipment depreciation expense amounted to $ 405 , $ 392 , and $ 374 for the years ended december 31 , 2015 , 2014 and 2013 , respectively and was included in depreciation and amortization expense in the accompanying consolidated statements of operations .\nthe provision for depreciation expressed as a percentage of the aggregate average depreciable asset balances was 3.13% ( 3.13 % ) for the year ended december 31 , 2015 and 3.20% ( 3.20 % ) for years december 31 , 2014 and 2013 .\nnote 5 : allowance for uncollectible accounts the following table summarizes the changes in the company 2019s allowances for uncollectible accounts for the years ended december 31: .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['balance as of january 1', '$ -35 ( 35 )', '$ -34 ( 34 )', '$ -27 ( 27 )'], ['amounts charged to expense', '-32 ( 32 )', '-37 ( 37 )', '-27 ( 27 )'], ['amounts written off', '38', '43', '24'], ['recoveries of amounts written off', '-10 ( 10 )', '-7 ( 7 )', '-4 ( 4 )'], ['balance as of december 31', '$ -39 ( 39 )', '$ -35 ( 35 )', '$ -34 ( 34 )']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in accumulated depreciation from depreciation expenses from 2013 to december 31 , 2015",
        "solution": "1171"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2018/page_23.pdf\n\nID: AAPL/2018/page_23.pdf-1\n\nPrevious Text:\napple inc .\n| 2018 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend-reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index for the five years ended september 29 , 2018 .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index as of the market close on september 27 , 2013 .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\n* $ 100 invested on september 27 , 2013 in stock or index , including reinvestment of dividends .\ndata points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes .\ncopyright a9 2018 standard & poor 2019s , a division of s&p global .\nall rights reserved .\ncopyright a9 2018 s&p dow jones indices llc , a division of s&p global .\nall rights reserved .\nseptember september september september september september .\n\nTable Data:\n[['', 'september2013', 'september2014', 'september2015', 'september2016', 'september2017', 'september2018'], ['apple inc .', '$ 100', '$ 149', '$ 173', '$ 174', '$ 242', '$ 359'], ['s&p 500 index', '$ 100', '$ 120', '$ 119', '$ 137', '$ 163', '$ 192'], ['s&p information technology index', '$ 100', '$ 129', '$ 132', '$ 162', '$ 209', '$ 275'], ['dow jones u.s . technology supersector index', '$ 100', '$ 130', '$ 130', '$ 159', '$ 203', '$ 266']]\n\nFollowing Text:\n.\n\nQuestion: what is the difference in percentage cumulative total return between apple inc . and the s&p 500 index for the five year period ended september 2018?",
        "solution": "167%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_26.pdf\n\nID: C/2008/page_26.pdf-3\n\nPrevious Text:\ncommitments .\nfor a further description of the loan loss reserve and related accounts , see 201cmanaging global risk 201d and notes 1 and 18 to the consolidated financial statements on pages 51 , 122 and 165 , respectively .\nsecuritizations the company securitizes a number of different asset classes as a means of strengthening its balance sheet and accessing competitive financing rates in the market .\nunder these securitization programs , assets are sold into a trust and used as collateral by the trust to obtain financing .\nthe cash flows from assets in the trust service the corresponding trust securities .\nif the structure of the trust meets certain accounting guidelines , trust assets are treated as sold and are no longer reflected as assets of the company .\nif these guidelines are not met , the assets continue to be recorded as the company 2019s assets , with the financing activity recorded as liabilities on citigroup 2019s balance sheet .\ncitigroup also assists its clients in securitizing their financial assets and packages and securitizes financial assets purchased in the financial markets .\nthe company may also provide administrative , asset management , underwriting , liquidity facilities and/or other services to the resulting securitization entities and may continue to service some of these financial assets .\nelimination of qspes and changes in the fin 46 ( r ) consolidation model the fasb has issued an exposure draft of a proposed standard that would eliminate qualifying special purpose entities ( qspes ) from the guidance in fasb statement no .\n140 , accounting for transfers and servicing of financial assets and extinguishments of liabilities ( sfas 140 ) .\nwhile the proposed standard has not been finalized , if it is issued in its current form it will have a significant impact on citigroup 2019s consolidated financial statements as the company will lose sales treatment for certain assets previously sold to a qspe , as well as for certain future sales , and for certain transfers of portions of assets that do not meet the proposed definition of 201cparticipating interests . 201d this proposed revision could become effective on january 1 , 2010 .\nin connection with the proposed changes to sfas 140 , the fasb has also issued a separate exposure draft of a proposed standard that proposes three key changes to the consolidation model in fasb interpretation no .\n46 ( revised december 2003 ) , 201cconsolidation of variable interest entities 201d ( fin 46 ( r ) ) .\nfirst , the revised standard would include former qspes in the scope of fin 46 ( r ) .\nin addition , fin 46 ( r ) would be amended to change the method of analyzing which party to a variable interest entity ( vie ) should consolidate the vie ( such consolidating entity is referred to as the 201cprimary beneficiary 201d ) to a qualitative determination of power combined with benefits or losses instead of the current risks and rewards model .\nfinally , the proposed standard would require that the analysis of primary beneficiaries be re-evaluated whenever circumstances change .\nthe existing standard requires reconsideration only when specified reconsideration events occur .\nthe fasb is currently deliberating these proposed standards , and they are , accordingly , still subject to change .\nsince qspes will likely be eliminated from sfas 140 and thus become subject to fin 46 ( r ) consolidation guidance and because the fin 46 ( r ) method of determining which party must consolidate a vie will likely change should this proposed standard become effective , the company expects to consolidate certain of the currently unconsolidated vies and qspes with which citigroup was involved as of december 31 , 2008 .\nthe company 2019s estimate of the incremental impact of adopting these changes on citigroup 2019s consolidated balance sheets and risk-weighted assets , based on december 31 , 2008 balances , our understanding of the proposed changes to the standards and a proposed january 1 , 2010 effective date , is presented below .\nthe actual impact of adopting the amended standards as of january 1 , 2010 could materially differ .\nthe pro forma impact of the proposed changes on gaap assets and risk- weighted assets , assuming application of existing risk-based capital rules , at january 1 , 2010 ( based on the balances at december 31 , 2008 ) would result in the consolidation of incremental assets as follows: .\n\nTable Data:\n[['in billions of dollars', 'incremental gaap assets', 'incremental risk- weighted assets'], ['credit cards', '$ 91.9', '$ 88.9'], ['commercial paper conduits', '59.6', '2014'], ['private label consumer mortgages', '4.4', '2.1'], ['student loans', '14.4', '3.5'], ['muni bonds', '6.2', '1.9'], ['mutual fund deferred sales commission securitization', '0.8', '0.8'], ['investment funds', '1.7', '1.7'], ['total', '$ 179.0', '$ 98.9']]\n\nFollowing Text:\nthe table reflects ( i ) the estimated portion of the assets of qspes to which citigroup , acting as principal , has transferred assets and received sales treatment as of december 31 , 2008 ( totaling approximately $ 822.1 billion ) , and ( ii ) the estimated assets of significant unconsolidated vies as of december 31 , 2008 with which citigroup is involved ( totaling approximately $ 288.0 billion ) that would be consolidated under the proposal .\ndue to the variety of transaction structures and level of the company 2019s involvement in individual qspes and vies , only a subset of the qspes and vies with which the company is involved are expected to be consolidated under the proposed change .\na complete description of the company 2019s accounting for securitized assets can be found in note 1 to the consolidated financial statements on page 122. .\n\nQuestion: on citigroup 2019s consolidated balance sheets based on the balances of 2008 what was the ratio of the total gaap assets to the risk- weighted assets",
        "solution": "1.81"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2014/page_47.pdf\n\nID: LMT/2014/page_47.pdf-3\n\nPrevious Text:\nis&gs 2019 operating profit decreased $ 60 million , or 8% ( 8 % ) , for 2014 compared to 2013 .\nthe decrease was primarily attributable to the activities mentioned above for sales , lower risk retirements and reserves recorded on an international program , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million for 2014 .\nadjustments not related to volume , including net profit booking rate adjustments , were approximately $ 30 million lower for 2014 compared to 2013 .\n2013 compared to 2012 is&gs 2019 net sales decreased $ 479 million , or 5% ( 5 % ) , for 2013 compared to 2012 .\nthe decrease was attributable to lower net sales of about $ 495 million due to decreased volume on various programs ( command and control programs for classified customers , ngi and eram programs ) ; and approximately $ 320 million due to the completion of certain programs ( such as total information processing support services , the transportation worker identification credential and the outsourcing desktop initiative for nasa ) .\nthe decrease was partially offset by higher net sales of about $ 340 million due to the start-up of certain programs ( such as the disa gsm-o and the national science foundation antarctic support ) .\nis&gs 2019 operating profit decreased $ 49 million , or 6% ( 6 % ) , for 2013 compared to 2012 .\nthe decrease was primarily attributable to lower operating profit of about $ 55 million due to certain programs nearing the end of their life cycles , partially offset by higher operating profit of approximately $ 15 million due to the start-up of certain programs .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were comparable for 2013 compared to 2012 .\nbacklog backlog increased in 2014 compared to 2013 primarily due to several multi-year international awards and various u.s .\nmulti-year extensions .\nthis increase was partially offset by declining activities on various direct warfighter support and command and control programs impacted by defense budget reductions .\nbacklog decreased in 2013 compared to 2012 primarily due to lower orders on several programs ( such as eram and ngi ) , higher sales on certain programs ( the national science foundation antarctic support and the disa gsm-o ) and declining activities on several smaller programs primarily due to the continued downturn in federal information technology budgets .\ntrends we expect is&gs 2019 net sales to decline in 2015 in the low to mid single digit percentage range as compared to 2014 , primarily driven by the continued downturn in federal information technology budgets , an increasingly competitive environment , including the disaggregation of existing contracts , and new contract award delays , partially offset by increased sales resulting from acquisitions that occurred during the year .\noperating profit is expected to decline in the low double digit percentage range in 2015 primarily driven by volume and an increase in intangible amortization from 2014 acquisition activity , resulting in 2015 margins that are lower than 2014 results .\nmissiles and fire control our mfc business segment provides air and missile defense systems ; tactical missiles and air-to-ground precision strike weapon systems ; logistics and other technical services ; fire control systems ; mission operations support , readiness , engineering support and integration services ; and manned and unmanned ground vehicles .\nmfc 2019s major programs include pac-3 , thaad , multiple launch rocket system , hellfire , jassm , javelin , apache , sniper ae , low altitude navigation and targeting infrared for night ( lantirn ae ) and sof clss .\nmfc 2019s operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['net sales', '$ 7680', '$ 7757', '$ 7457'], ['operating profit', '1358', '1431', '1256'], ['operating margins', '17.7% ( 17.7 % )', '18.4% ( 18.4 % )', '16.8% ( 16.8 % )'], ['backlog at year-end', '$ 13600', '$ 15000', '$ 14700']]\n\nFollowing Text:\n2014 compared to 2013 mfc 2019s net sales for 2014 decreased $ 77 million , or 1% ( 1 % ) , compared to 2013 .\nthe decrease was primarily attributable to lower net sales of approximately $ 385 million for technical services programs due to decreased volume reflecting market pressures ; and about $ 115 million for tactical missile programs due to fewer deliveries ( primarily high mobility artillery .\n\nQuestion: what is the growth rate in operating profit for mfc in 2014?",
        "solution": "-5.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2012/page_103.pdf\n\nID: CME/2012/page_103.pdf-4\n\nPrevious Text:\npositions and collateral of the defaulting firm at each respective clearing organization , and taking into account any cross-margining loss sharing payments , any of the participating clearing organizations has a remaining liquidating surplus , and any other participating clearing organization has a remaining liquidating deficit , any additional surplus from the liquidation would be shared with the other clearing house to the extent that it has a remaining liquidating deficit .\nany remaining surplus funds would be passed to the bankruptcy trustee .\nmf global bankruptcy trust .\nthe company provided a $ 550.0 million financial guarantee to the bankruptcy trustee of mf global to accelerate the distribution of funds to mf global customers .\nin the event that the trustee distributed more property in the second or third interim distributions than was permitted by the bankruptcy code and cftc regulations , the company will make a cash payment to the trustee for the amount of the erroneous distribution or distributions up to $ 550.0 million in the aggregate .\na payment will only be made after the trustee makes reasonable efforts to collect the property erroneously distributed to the customer ( s ) .\nif a payment is made by the company , the company may have the right to seek reimbursement of the erroneously distributed property from the applicable customer ( s ) .\nthe guarantee does not cover distributions made by the trustee to customers on the basis of their claims filed in the bankruptcy .\nbecause the trustee has now made payments to nearly all customers on the basis of their claims , the company believes that the likelihood of payment to the trustee is very remote .\nas a result , the guarantee liability is estimated to be immaterial at december 31 , 2012 .\nfamily farmer and rancher protection fund .\nin april 2012 , the company established the family farmer and rancher protection fund ( the fund ) .\nthe fund is designed to provide payments , up to certain maximum levels , to family farmers , ranchers and other agricultural industry participants who use cme group agricultural products and who suffer losses to their segregated account balances due to their cme clearing member becoming insolvent .\nunder the terms of the fund , farmers and ranchers are eligible for up to $ 25000 per participant .\nfarming and ranching cooperatives are eligible for up to $ 100000 per cooperative .\nthe fund has an aggregate maximum payment amount of $ 100.0 million .\nif payments to participants were to exceed this amount , payments would be pro-rated .\nclearing members and customers must register in advance with the company and provide certain documentation in order to substantiate their eligibility .\nperegrine financial group , inc .\n( pfg ) filed for bankruptcy protection on july 10 , 2012 .\npfg was not one of cme 2019s clearing members and its customers had not registered for the fund .\naccordingly , they were not technically eligible for payments from the fund .\nhowever , because the fund was newly implemented and because pfg 2019s customers included many agricultural industry participants for whom the program was designed , the company decided to waive certain terms and conditions of the fund , solely in connection with the pfg bankruptcy , so that otherwise eligible family farmers , ranchers and agricultural cooperatives could apply for and receive benefits from cme .\nbased on the number of such pfg customers who applied and the estimated size of their claims , the company has recorded a liability in the amount of $ 2.1 million at december 31 , 2012 .\n16 .\nredeemable non-controlling interest the following summarizes the changes in redeemable non-controlling interest for the years presented .\nnon- controlling interests that do not contain redemption features are presented in the statements of equity. .\n\nTable Data:\n[['( in millions )', '2012', '2011', '2010'], ['balance at january 1', '$ 70.3', '$ 68.1', '$ 2014'], ['contribution by dow jones', '2014', '2014', '675.0'], ['distribution to dow jones', '2014', '2014', '-607.5 ( 607.5 )'], ['allocation of stock-based compensation', '2014', '0.1', '2014'], ['total comprehensive income attributable to redeemable non-controlling interest', '10.5', '2.1', '0.6'], ['balance at december 31', '$ 80.8', '$ 70.3', '$ 68.1']]\n\nFollowing Text:\ncontribution by dow jones .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2014 2014 675.0 distribution to dow jones .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2014 2014 ( 607.5 ) allocation of stock- compensation .\n.\n.\n.\n2014 0.1 2014 total comprehensive income attributable to redeemable non- controlling interest .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n10.5 2.1 0.6 balance at december 31 .\n.\n.\n.\n.\n.\n.\n.\n.\n$ 80.8 $ 70.3 $ 68.1 .\n\nQuestion: what is the percentage change in the balance of non-controlling interests from 2010 to 2011?",
        "solution": "3.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2016/page_250.pdf\n\nID: HIG/2016/page_250.pdf-1\n\nPrevious Text:\nf-772016 annual report the hartford financial services group , inc .\nnotes to consolidated financial statements ( continued ) 13 .\ndebt ( continued ) the 7.875% ( 7.875 % ) and 8.125% ( 8.125 % ) debentures may be redeemed in whole prior to the call date upon certain tax or rating agency events , at a price equal to the greater of 100% ( 100 % ) of the principal amount being redeemed and the applicable make-whole amount plus any accrued and unpaid interest .\nthe company may elect to redeem the 8.125% ( 8.125 % ) debentures in whole or part at its option prior to the call date at a price equal to the greater of 100% ( 100 % ) of the principal amount being redeemed and the applicable make-whole amount plus any accrued and unpaid interest .\nthe company may elect to redeem the 7.875% ( 7.875 % ) and 8.125% ( 8.125 % ) debentures in whole or in part on or after the call date for the principal amount being redeemed plus accrued and unpaid interest to the date of redemption .\nin connection with the offering of the 8.125% ( 8.125 % ) debentures , the company entered into a replacement capital covenant ( 201crcc 201d ) for the benefit of holders of one or more designated series of the company 2019s indebtedness , initially the company 2019s 6.1% ( 6.1 % ) notes due 2041 .\nunder the terms of the rcc , if the company redeems the 8.125% ( 8.125 % ) debentures at any time prior to june 15 , 2048 it can only do so with the proceeds from the sale of certain qualifying replacement securities .\non february 7 , 2017 , the company executed an amendment to the rcc to lengthen the amount of time the company has to issue qualifying replacement securities prior to the redemption of the 8.125% ( 8.125 % ) debentures and to amend the definition of certain qualifying replacement securities .\nlong-term debt long-term debt maturities ( at par value ) as of december 31 , 2016 .\n\nTable Data:\n[['2017 - current maturities', '$ 416'], ['2018', '$ 320'], ['2019', '$ 413'], ['2020', '$ 500'], ['2021', '$ 2014'], ['thereafter', '$ 3525']]\n\nFollowing Text:\nshelf registrations on july 29 , 2016 , the company filed with the securities and exchange commission ( the 201csec 201d ) an automatic shelf registration statement ( registration no .\n333-212778 ) for the potential offering and sale of debt and equity securities .\nthe registration statement allows for the following types of securities to be offered : debt securities , junior subordinated debt securities , preferred stock , common stock , depositary shares , warrants , stock purchase contracts , and stock purchase units .\nin that the hartford is a well- known seasoned issuer , as defined in rule 405 under the securities act of 1933 , the registration statement went effective immediately upon filing and the hartford may offer and sell an unlimited amount of securities under the registration statement during the three-year life of the registration statement .\ncontingent capital facility the hartford is party to a put option agreement that provides the hartford with the right to require the glen meadow abc trust , a delaware statutory trust , at any time and from time to time , to purchase the hartford 2019s junior subordinated notes in a maximum aggregate principal amount not to exceed $ 500 .\non february 8 , 2017 , the hartford exercised the put option resulting in the issuance of $ 500 in junior subordinated notes with proceeds received on february 15 , 2017 .\nunder the put option agreement , the hartford had been paying the glen meadow abc trust premiums on a periodic basis , calculated with respect to the aggregate principal amount of notes that the hartford had the right to put to the glen meadow abc trust for such period .\nthe hartford has agreed to reimburse the glen meadow abc trust for certain fees and ordinary expenses .\nthe company holds a variable interest in the glen meadow abc trust where the company is not the primary beneficiary .\nas a result , the company does not consolidate the glen meadow abc trust .\nthe junior subordinated notes have a scheduled maturity of february 12 , 2047 , and a final maturity of february 12 , 2067 .\nthe company is required to use reasonable efforts to sell certain qualifying replacement securities in order to repay the debentures at the scheduled maturity date .\nthe junior subordinated notes bear interest at an annual rate of three-month libor plus 2.125% ( 2.125 % ) , payable quarterly , and are unsecured , subordinated indebtedness of the hartford .\nthe hartford will have the right , on one or more occasions , to defer interest payments due on the junior subordinated notes under specified circumstances .\nupon receipt of the proceeds , the company entered into a replacement capital covenant ( the 201crcc 201d ) for the benefit of holders of one or more designated series of the company 2019s indebtedness , initially the company 2019s 4.3% ( 4.3 % ) notes due 2043 .\nunder the terms of the rcc , if the company redeems the debentures at any time prior to february 12 , 2047 ( or such earlier date on which the rcc terminates by its terms ) it can only do so with the proceeds from the sale of certain qualifying replacement securities .\nthe rcc also prohibits the company from redeeming all or any portion of the notes on or prior to february 15 , 2022 .\nrevolving credit facilities the company has a senior unsecured five-year revolving credit facility ( the 201ccredit facility 201d ) that provides for borrowing capacity up to $ 1 billion of unsecured credit through october 31 , 2019 available in u.s .\ndollars , euro , sterling , canadian dollars and japanese yen .\nas of december 31 , 2016 , no borrowings were outstanding under the credit facility .\nas of december 31 , 2016 , the company was in compliance with all financial covenants within the credit facility .\ncommercial paper the hartford 2019s maximum borrowings available under its commercial paper program are $ 1 billion .\nthe company is dependent upon market conditions to access short-term financing through the issuance of commercial paper to investors .\nas of december 31 , 2016 , there was no commercial paper outstanding. .\n\nQuestion: as of december 2016 what was the average long-term debt maturities that was due between 2017 and 2020 in millions",
        "solution": "412.25"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2013/page_14.pdf\n\nID: UNP/2013/page_14.pdf-1\n\nPrevious Text:\nitem 2 .\nproperties we employ a variety of assets in the management and operation of our rail business .\nour rail network covers 23 states in the western two-thirds of the u.s .\nour rail network includes 31838 route miles .\nwe own 26009 miles and operate on the remainder pursuant to trackage rights or leases .\nthe following table describes track miles at december 31 , 2013 and 2012 .\n2013 2012 .\n\nTable Data:\n[['', '2013', '2012'], ['route', '31838', '31868'], ['other main line', '6766', '6715'], ['passing lines and turnouts', '3167', '3124'], ['switching and classification yard lines', '9090', '9046'], ['total miles', '50861', '50753']]\n\nFollowing Text:\nheadquarters building we maintain our headquarters in omaha , nebraska .\nthe facility has 1.2 million square feet of space for approximately 4000 employees and is subject to a financing arrangement .\nharriman dispatching center the harriman dispatching center ( hdc ) , located in omaha , nebraska , is our primary dispatching facility .\nit is linked to regional dispatching and locomotive management facilities at various locations along our .\n\nQuestion: what is the percent of the owned and operated of the rail network route miles",
        "solution": "81.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2014/page_67.pdf\n\nID: AAPL/2014/page_67.pdf-2\n\nPrevious Text:\ntable of contents the foreign provision for income taxes is based on foreign pre-tax earnings of $ 33.6 billion , $ 30.5 billion and $ 36.8 billion in 2014 , 2013 and 2012 , respectively .\nthe company 2019s consolidated financial statements provide for any related tax liability on undistributed earnings that the company does not intend to be indefinitely reinvested outside the u.s .\nsubstantially all of the company 2019s undistributed international earnings intended to be indefinitely reinvested in operations outside the u.s .\nwere generated by subsidiaries organized in ireland , which has a statutory tax rate of 12.5% ( 12.5 % ) .\nas of september 27 , 2014 , u.s .\nincome taxes have not been provided on a cumulative total of $ 69.7 billion of such earnings .\nthe amount of unrecognized deferred tax liability related to these temporary differences is estimated to be approximately $ 23.3 billion .\nas of september 27 , 2014 and september 28 , 2013 , $ 137.1 billion and $ 111.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s .\ndollar-denominated holdings .\namounts held by foreign subsidiaries are generally subject to u.s .\nincome taxation on repatriation to the u.s .\na reconciliation of the provision for income taxes , with the amount computed by applying the statutory federal income tax rate ( 35% ( 35 % ) in 2014 , 2013 and 2012 ) to income before provision for income taxes for 2014 , 2013 and 2012 , is as follows ( dollars in millions ) : the company 2019s income taxes payable have been reduced by the tax benefits from employee stock plan awards .\nfor stock options , the company receives an income tax benefit calculated as the tax effect of the difference between the fair market value of the stock issued at the time of the exercise and the exercise price .\nfor rsus , the company receives an income tax benefit upon the award 2019s vesting equal to the tax effect of the underlying stock 2019s fair market value .\nthe company had net excess tax benefits from equity awards of $ 706 million , $ 643 million and $ 1.4 billion in 2014 , 2013 and 2012 , respectively , which were reflected as increases to common stock .\napple inc .\n| 2014 form 10-k | 64 .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['computed expected tax', '$ 18719', '$ 17554', '$ 19517'], ['state taxes net of federal effect', '469', '508', '677'], ['indefinitely invested earnings of foreign subsidiaries', '-4744 ( 4744 )', '-4614 ( 4614 )', '-5895 ( 5895 )'], ['research and development credit net', '-88 ( 88 )', '-287 ( 287 )', '-103 ( 103 )'], ['domestic production activities deduction', '-495 ( 495 )', '-308 ( 308 )', '-328 ( 328 )'], ['other', '112', '265', '162'], ['provision for income taxes', '$ 13973', '$ 13118', '$ 14030'], ['effective tax rate', '26.1% ( 26.1 % )', '26.2% ( 26.2 % )', '25.2% ( 25.2 % )']]\n\nFollowing Text:\n.\n\nQuestion: what was the change in millions in the computed expected tax from 2013 to 2014?",
        "solution": "1165"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2012/page_46.pdf\n\nID: PNC/2012/page_46.pdf-3\n\nPrevious Text:\npart ii item 5 2013 market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities ( a ) ( 1 ) our common stock is listed on the new york stock exchange and is traded under the symbol 201cpnc . 201d at the close of business on february 15 , 2013 , there were 75100 common shareholders of record .\nholders of pnc common stock are entitled to receive dividends when declared by the board of directors out of funds legally available for this purpose .\nour board of directors may not pay or set apart dividends on the common stock until dividends for all past dividend periods on any series of outstanding preferred stock have been paid or declared and set apart for payment .\nthe board presently intends to continue the policy of paying quarterly cash dividends .\nthe amount of any future dividends will depend on economic and market conditions , our financial condition and operating results , and other factors , including contractual restrictions and applicable government regulations and policies ( such as those relating to the ability of bank and non- bank subsidiaries to pay dividends to the parent company and regulatory capital limitations ) .\nthe amount of our dividend is also currently subject to the results of the federal reserve 2019s 2013 comprehensive capital analysis and review ( ccar ) as part of its supervisory assessment of capital adequacy described under 201csupervision and regulation 201d in item 1 of this report .\nthe federal reserve has the power to prohibit us from paying dividends without its approval .\nfor further information concerning dividend restrictions and restrictions on loans , dividends or advances from bank subsidiaries to the parent company , see 201csupervision and regulation 201d in item 1 of this report , 201cfunding and capital sources 201d in the consolidated balance sheet review section , 201cliquidity risk management 201d in the risk management section , and 201ctrust preferred securities 201d in the off-balance sheet arrangements and variable interest entities section of item 7 of this report , and note 14 capital securities of subsidiary trusts and perpetual trust securities and note 22 regulatory matters in the notes to consolidated financial statements in item 8 of this report , which we include here by reference .\nwe include here by reference additional information relating to pnc common stock under the caption 201ccommon stock prices/dividends declared 201d in the statistical information ( unaudited ) section of item 8 of this report .\nwe include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2012 in the table ( with introductory paragraph and notes ) that appears in item 12 of this report .\nour registrar , stock transfer agent , and dividend disbursing agent is : computershare trust company , n.a .\n250 royall street canton , ma 02021 800-982-7652 we include here by reference the information that appears under the caption 201ccommon stock performance graph 201d at the end of this item 5 .\n( a ) ( 2 ) none .\n( b ) not applicable .\n( c ) details of our repurchases of pnc common stock during the fourth quarter of 2012 are included in the following table : in thousands , except per share data 2012 period ( a ) total shares purchased ( b ) average paid per total shares purchased as part of publicly announced programs ( c ) maximum number of shares that may yet be purchased under the programs ( c ) .\n\nTable Data:\n[['2012 period ( a )', 'total sharespurchased ( b )', 'averagepricepaid pershare', 'total sharespurchased aspartofpubliclyannouncedprograms ( c )', 'maximumnumber ofshares thatmay yet bepurchasedundertheprograms ( c )'], ['october 1 2013 31', '13', '$ 60.05', '', '22552'], ['november 1 2013 30', '750', '$ 55.08', '750', '21802'], ['december 1 2013 31', '292', '$ 55.74', '251', '21551'], ['total', '1055', '$ 55.32', '1001', '']]\n\nFollowing Text:\n( a ) in addition to the repurchases of pnc common stock during the fourth quarter of 2012 included in the table above , pnc redeemed all 5001 shares of its series m preferred stock on december 10 , 2012 as further described below .\nas part of the national city transaction , we established the pnc non-cumulative perpetual preferred stock , series m ( the 201cseries m preferred stock 201d ) , which mirrored in all material respects the former national city non-cumulative perpetual preferred stock , series e .\non december 10 , 2012 , pnc issued $ 500.1 million aggregate liquidation amount ( 5001 shares ) of the series m preferred stock to the national city preferred capital trust i ( the 201ctrust 201d ) as required pursuant to the settlement of a stock purchase contract agreement between the trust and pnc dated as of january 30 , 2008 .\nimmediately upon such issuance , pnc redeemed all 5001 shares of the series m preferred stock from the trust on december 10 , 2012 at a redemption price equal to $ 100000 per share .\n( b ) includes pnc common stock purchased under the program referred to in note ( c ) to this table and pnc common stock purchased in connection with our various employee benefit plans .\nnote 15 employee benefit plans and note 16 stock based compensation plans in the notes to consolidated financial statements in item 8 of this report include additional information regarding our employee benefit plans that use pnc common stock .\n( c ) our current stock repurchase program allows us to purchase up to 25 million shares on the open market or in privately negotiated transactions .\nthis program was authorized on october 4 , 2007 and will remain in effect until fully utilized or until modified , superseded or terminated .\nthe extent and timing of share repurchases under this program will depend on a number of factors including , among others , market and general economic conditions , economic capital and regulatory capital considerations , alternative uses of capital , the potential impact on our credit ratings , and contractual and regulatory limitations , including the impact of the federal reserve 2019s supervisory assessment of capital adequacy program .\nthe pnc financial services group , inc .\n2013 form 10-k 27 .\n\nQuestion: when pnc redeemed all shares of the series m preferred stock from the trust on december 10 , 2012 , what was the total cash cost of the redemption?",
        "solution": "500100000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TROW/2011/page_13.pdf\n\nID: TROW/2011/page_13.pdf-1\n\nPrevious Text:\n2322 t .\nr 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 .\nother 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 .\nbecause these obligations are generally of a normal recurring nature , we expect that we will fund them from future cash flows from operations .\nthe 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 .\nthe 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. .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nwe 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 .\nc 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 .\nfurther , 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 .\nmaking 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 .\naccordingly , 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 .\nwe 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 .\nin 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 .\nother than temporary impairments of available-for-sale securities .\nwe 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 .\nat 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 .\nwe next review each individual security position that has an unrealized loss or impairment to determine if that impairment is other than temporary .\nin 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 .\nsubject 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 .\nwe 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 .\nan 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 .\nminor impairments of 5% ( 5 % ) or less are generally considered temporary .\nother than temporary impairments of equity method investments .\nwe 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 .\ngoodwill .\nwe internally conduct , manage and report our operations as one investment advisory business .\nwe do not have distinct operating segments or components that separately constitute a business .\naccordingly , we attribute goodwill to a single reportable business segment and reporting unit 2014our investment advisory business .\nwe 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 .\ngoodwill would be considered impaired whenever our historical carrying amount exceeds the fair value of our investment advisory business .\nour 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 .\nshould 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 .\nwe 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 .\nthe maximum future impairment of goodwill that we could incur is the amount recognized in our balance sheet , $ 665.7 a0million .\nstock options .\nwe recognize stock option-based compensation expense in our consolidated statement of income using a fair value based method .\nfair 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 .\nthe 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 .\nour 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 .\nunlike 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 .\nprovision for income taxes .\nafter compensation and related costs , our provision for income taxes on our earnings is our largest annual expense .\nwe 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 .\naccordingly , 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 .\nannually , we file tax returns that represent our filing positions with each jurisdiction and settle our return liabilities .\neach jurisdiction has the right to audit those returns and may take different positions with respect to income and expense allocations and taxable earnings determinations .\nfrom 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 .\nbecause 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 .\nas 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 .\nwe recognize any such prior period adjustment in the discrete quarterly period in which it is determined .\nn 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 .\nwe do not believe the adoption of such amended guidance on january 1 , 2012 , will have a significant effect on our consolidated financial statements .\nwe 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 .\nwe do not believe that any such guidance will have a material effect on our financial position or results of operation. .\n\nQuestion: what percent of the total amount is made up of noncancelable operating leases?",
        "solution": "53%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2015/page_50.pdf\n\nID: ETR/2015/page_50.pdf-2\n\nPrevious Text:\nentergy corporation and subsidiaries management 2019s financial discussion and analysis imprudence by the utility operating companies in their execution of their obligations under the system agreement .\nsee note 2 to the financial statements for discussions of this litigation .\nin november 2012 the utility operating companies filed amendments to the system agreement with the ferc pursuant to section 205 of the federal power act .\nthe amendments consist primarily of the technical revisions needed to the system agreement to ( i ) allocate certain charges and credits from the miso settlement statements to the participating utility operating companies ; and ( ii ) address entergy arkansas 2019s withdrawal from the system agreement .\nthe lpsc , mpsc , puct , and city council filed protests at the ferc regarding the amendments and other aspects of the utility operating companies 2019 future operating arrangements , including requests that the continued viability of the system agreement in miso ( among other issues ) be set for hearing by the ferc .\nin december 2013 the ferc issued an order accepting the revisions filed in november 2012 , subject to a further compliance filing and other conditions .\nentergy services made the requisite compliance filing in february 2014 and the ferc accepted the compliance filing in november 2015 .\nin the november 2015 order , the ferc required entergy services to file a refund report consisting of the results of the intra-system bill rerun from december 19 , 2013 through november 30 , 2015 calculating the use of an energy-based allocator to allocate losses , ancillary services charges and credits , and uplift charges and credits to load of each participating utility operating company .\nthe filing shows the following payments and receipts among the utility operating companies : payments ( receipts ) ( in millions ) .\n\nTable Data:\n[['', 'payments ( receipts ) ( in millions )'], ['entergy louisiana', '( $ 6.3 )'], ['entergy mississippi', '$ 4'], ['entergy new orleans', '$ 0.4'], ['entergy texas', '$ 1.9']]\n\nFollowing Text:\nin the december 2013 order , the ferc set one issue for hearing involving a settlement with union pacific regarding certain coal delivery issues .\nconsistent with the decisions described above , entergy arkansas 2019s participation in the system agreement terminated effective december 18 , 2013 .\nin december 2014 a ferc alj issued an initial decision finding that entergy arkansas would realize benefits after december 18 , 2013 from the 2008 settlement agreement between entergy services , entergy arkansas , and union pacific , related to certain coal delivery issues .\nthe alj further found that all of the utility operating companies should share in those benefits pursuant to the methodology proposed by the mpsc .\nthe utility operating companies and other parties to the proceeding have filed briefs on exceptions and/or briefs opposing exceptions with the ferc challenging various aspects of the december 2014 initial decision and the matter is pending before the ferc .\nutility operating company notices of termination of system agreement participation consistent with their written notices of termination delivered in december 2005 and november 2007 , respectively , entergy arkansas and entergy mississippi filed with the ferc in february 2009 their notices of cancellation to terminate their participation in the system agreement , effective december 18 , 2013 and november 7 , 2015 , respectively .\nin november 2009 the ferc accepted the notices of cancellation and determined that entergy arkansas and entergy mississippi are permitted to withdraw from the system agreement following the 96-month notice period without payment of a fee or the requirement to otherwise compensate the remaining utility operating companies as a result of withdrawal .\nappeals by the lpsc and the city council were denied in 2012 and 2013 .\neffective december 18 , 2013 , entergy arkansas ceased participating in the system agreement .\neffective november 7 , 2015 , entergy mississippi ceased participating in the system agreement .\nin keeping with their prior commitments and after a careful evaluation of the basis for and continued reasonableness of the 96-month system agreement termination notice period , the utility operating companies filed with the ferc in october 2013 to amend the system agreement changing the notice period for an operating company to .\n\nQuestion: what are the payments for entergy texas as a percentage of payments for entergy mississippi?",
        "solution": "47.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_99.pdf\n\nID: ADBE/2014/page_99.pdf-1\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) note 15 .\ncommitments and contingencies lease commitments we lease certain of our facilities and some of our equipment under non-cancellable operating lease arrangements that expire at various dates through 2028 .\nwe also have one land lease that expires in 2091 .\nrent expense includes base contractual rent and variable costs such as building expenses , utilities , taxes , insurance and equipment rental .\nrent expense and sublease income for these leases for fiscal 2014 , 2013 and 2012 were as follows ( in thousands ) : .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['rent expense', '$ 111149', '$ 118976', '$ 105809'], ['less : sublease income', '1412', '3057', '2330'], ['net rent expense', '$ 109737', '$ 115919', '$ 103479']]\n\nFollowing Text:\nwe occupy three office buildings in san jose , california where our corporate headquarters are located .\nwe reference these office buildings as the almaden tower and the east and west towers .\nin august 2014 , we exercised our option to purchase the east and west towers for a total purchase price of $ 143.2 million .\nupon purchase , our investment in the lease receivable of $ 126.8 million was credited against the total purchase price and we were no longer required to maintain a standby letter of credit as stipulated in the east and west towers lease agreement .\nwe capitalized the east and west towers as property and equipment on our consolidated balance sheets at $ 144.1 million , the lesser of cost or fair value , which represented the total purchase price plus other direct costs associated with the purchase .\nsee note 6 for discussion of our east and west towers purchase .\nthe lease agreement for the almaden tower is effective through march 2017 .\nwe are the investors in the lease receivable related to the almaden tower lease in the amount of $ 80.4 million , which is recorded as investment in lease receivable on our consolidated balance sheets .\nas of november 28 , 2014 , the carrying value of the lease receivable related to the almaden tower approximated fair value .\nunder the agreement for the almaden tower , we have the option to purchase the building at any time during the lease term for $ 103.6 million .\nif we purchase the building , the investment in the lease receivable may be credited against the purchase price .\nthe residual value guarantee under the almaden tower obligation is $ 89.4 million .\nthe almaden tower lease is subject to standard covenants including certain financial ratios that are reported to the lessor quarterly .\nas of november 28 , 2014 , we were in compliance with all of the covenants .\nin the case of a default , the lessor may demand we purchase the building for an amount equal to the lease balance , or require that we remarket or relinquish the building .\nif we choose to remarket or are required to do so upon relinquishing the building , we are bound to arrange the sale of the building to an unrelated party and will be required to pay the lessor any shortfall between the net remarketing proceeds and the lease balance , up to the residual value guarantee amount less our investment in lease receivable .\nthe almaden tower lease qualifies for operating lease accounting treatment and , as such , the building and the related obligation are not included in our consolidated balance sheets .\nsee note 16 for discussion of our capital lease obligation .\nunconditional purchase obligations our purchase obligations consist of agreements to purchase goods and services entered into in the ordinary course of business. .\n\nQuestion: for rent expense for fiscal 2014 , 2013 and 2012 , what was the largest rent expense in thousands?",
        "solution": "118976"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2015/page_50.pdf\n\nID: AON/2015/page_50.pdf-1\n\nPrevious Text:\nloss on the contract may be recorded , if necessary , and any remaining deferred implementation revenues would typically be recognized over the remaining service period through the termination date .\nin connection with our long-term outsourcing service agreements , highly customized implementation efforts are often necessary to set up clients and their human resource or benefit programs on our systems and operating processes .\nfor outsourcing services sold separately or accounted for as a separate unit of accounting , specific , incremental and direct costs of implementation incurred prior to the services commencing are generally deferred and amortized over the period that the related ongoing services revenue is recognized .\ndeferred costs are assessed for recoverability on a periodic basis to the extent the deferred cost exceeds related deferred revenue .\npensions we sponsor defined benefit pension plans throughout the world .\nour most significant plans are located in the u.s. , the u.k. , the netherlands and canada .\nour significant u.s. , u.k. , netherlands and canadian pension plans are closed to new entrants .\nwe have ceased crediting future benefits relating to salary and service for our u.s. , u.k. , netherlands and canadian plans to the extent statutorily permitted .\nin 2016 , we estimate pension and post-retirement net periodic benefit cost for major plans to increase by $ 15 million to a benefit of approximately $ 54 million .\nthe increase in the benefit is primarily due to a change in our approach to measuring service and interest cost .\neffective december 31 , 2015 and for 2016 expense , we have elected to utilize a full yield curve approach in the estimation of the service and interest cost components of net periodic pension and post-retirement benefit cost for our major pension and other post-retirement benefit plans by applying the specific spot rates along the yield curve used in the determination of the benefit obligation to the relevant projected cash flows .\nin 2015 and prior years , we estimated these components of net periodic pension and post-retirement benefit cost by applying a single weighted-average discount rate , derived from the yield curve used to measure the benefit obligation at the beginning of the period .\nwe have made this change to improve the correlation between projected benefit cash flows and the corresponding yield curve spot rates and to provide a more precise measurement of service and interest costs .\nthis change does not affect the measurement of the projected benefit obligation as the change in the service cost and interest cost is completely offset in the actuarial ( gain ) loss recorded in other comprehensive income .\nwe accounted for this change as a change in estimate and , accordingly , will account for it prospectively .\nrecognition of gains and losses and prior service certain changes in the value of the obligation and in the value of plan assets , which may occur due to various factors such as changes in the discount rate and actuarial assumptions , actual demographic experience and/or plan asset performance are not immediately recognized in net income .\nsuch changes are recognized in other comprehensive income and are amortized into net income as part of the net periodic benefit cost .\nunrecognized gains and losses that have been deferred in other comprehensive income , as previously described , are amortized into compensation and benefits expense as a component of periodic pension expense based on the average life expectancy of the u.s. , the netherlands , canada , and u.k .\nplan members .\nwe amortize any prior service expense or credits that arise as a result of plan changes over a period consistent with the amortization of gains and losses .\nas of december 31 , 2015 , our pension plans have deferred losses that have not yet been recognized through income in the consolidated financial statements .\nwe amortize unrecognized actuarial losses outside of a corridor , which is defined as 10% ( 10 % ) of the greater of market-related value of plan assets or projected benefit obligation .\nto the extent not offset by future gains , incremental amortization as calculated above will continue to affect future pension expense similarly until fully amortized .\nthe following table discloses our unrecognized actuarial gains and losses , the number of years over which we are amortizing the experience loss , and the estimated 2016 amortization of loss by country ( amounts in millions ) : .\n\nTable Data:\n[['', 'u.k .', 'u.s .', 'other'], ['unrecognized actuarial gains and losses', '$ 1511', '$ 1732', '$ 382'], ['amortization period ( in years )', '10 - 32', '7 - 28', '15 - 41'], ['estimated 2016 amortization of loss', '$ 37', '$ 52', '$ 10']]\n\nFollowing Text:\nthe unrecognized prior service cost ( income ) at december 31 , 2015 was $ 9 million , $ 46 million , and $ ( 7 ) million in the u.s. , u.k .\nand other plans , respectively .\nfor the u.s .\npension plans we use a market-related valuation of assets approach to determine the expected return on assets , which is a component of net periodic benefit cost recognized in the consolidated statements of income .\nthis approach .\n\nQuestion: what is the total estimated amortization loss for 2016?",
        "solution": "99"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2013/page_21.pdf\n\nID: UNP/2013/page_21.pdf-1\n\nPrevious Text:\nfive-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 .\nthe graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2008 and that all dividends were reinvested .\nthe information below is historical in nature and is not necessarily indicative of future performance .\npurchases of equity securities 2013 during 2013 , we repurchased 14996957 shares of our common stock at an average price of $ 152.14 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2013 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares that may yet be purchased under the plan or program [b] .\n\nTable Data:\n[['period', 'total number ofsharespurchased [a]', 'averageprice paidper share', 'total number of sharespurchased as part ofapublicly announced planor program [b]', 'maximum number ofshares that may yetbe purchased under the planor program [b]'], ['oct . 1 through oct . 31', '1405535', '153.18', '1405535', '4020650'], ['nov . 1 through nov . 30', '1027840', '158.66', '1025000', '2995650'], ['dec . 1 through dec . 31', '2500944', '163.14', '2498520', '497130'], ['total', '4934319', '$ 159.37', '4929055', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 5264 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] on april 1 , 2011 , our board of directors authorized the repurchase of up to 40 million shares of our common stock by march 31 , 2014 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions .\non november 21 , 2013 , the board of directors approved the early renewal of the share repurchase program , authorizing the repurchase of 60 million common shares by december 31 , 2017 .\nthe new authorization is effective january 1 , 2014 , and replaces the previous authorization , which expired on december 31 , 2013 , three months earlier than its original expiration date. .\n\nQuestion: what was the percent of the total number of share repurchase in the fourth quarter of 2013 that was attested to upc by employees to pay stock option exercise prices",
        "solution": "0.11%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_193.pdf\n\nID: C/2008/page_193.pdf-2\n\nPrevious Text:\napplication of specific accounting literature .\nfor the nonconsolidated proprietary tob trusts and qspe tob trusts , the company recognizes only its residual investment on its balance sheet at fair value and the third-party financing raised by the trusts is off-balance sheet .\nthe following table summarizes selected cash flow information related to municipal bond securitizations for the years 2008 , 2007 and 2006 : in billions of dollars 2008 2007 2006 .\n\nTable Data:\n[['in billions of dollars', '2008', '2007', '2006'], ['proceeds from new securitizations', '$ 1.2', '$ 10.5', '2014'], ['cash flows received on retained interests and other net cash flows', '0.5', '2014', '2014']]\n\nFollowing Text:\ncash flows received on retained interests and other net cash flows 0.5 2014 2014 municipal investments municipal investment transactions represent partnerships that finance the construction and rehabilitation of low-income affordable rental housing .\nthe company generally invests in these partnerships as a limited partner and earns a return primarily through the receipt of tax credits earned from the affordable housing investments made by the partnership .\nclient intermediation client intermediation transactions represent a range of transactions designed to provide investors with specified returns based on the returns of an underlying security , referenced asset or index .\nthese transactions include credit-linked notes and equity-linked notes .\nin these transactions , the spe typically obtains exposure to the underlying security , referenced asset or index through a derivative instrument , such as a total-return swap or a credit-default swap .\nin turn the spe issues notes to investors that pay a return based on the specified underlying security , referenced asset or index .\nthe spe invests the proceeds in a financial asset or a guaranteed insurance contract ( gic ) that serves as collateral for the derivative contract over the term of the transaction .\nthe company 2019s involvement in these transactions includes being the counterparty to the spe 2019s derivative instruments and investing in a portion of the notes issued by the spe .\nin certain transactions , the investor 2019s maximum risk of loss is limited and the company absorbs risk of loss above a specified level .\nthe company 2019s maximum risk of loss in these transactions is defined as the amount invested in notes issued by the spe and the notional amount of any risk of loss absorbed by the company through a separate instrument issued by the spe .\nthe derivative instrument held by the company may generate a receivable from the spe ( for example , where the company purchases credit protection from the spe in connection with the spe 2019s issuance of a credit-linked note ) , which is collateralized by the assets owned by the spe .\nthese derivative instruments are not considered variable interests under fin 46 ( r ) and any associated receivables are not included in the calculation of maximum exposure to the spe .\nstructured investment vehicles structured investment vehicles ( sivs ) are spes that issue junior notes and senior debt ( medium-term notes and short-term commercial paper ) to fund the purchase of high quality assets .\nthe junior notes are subject to the 201cfirst loss 201d risk of the sivs .\nthe sivs provide a variable return to the junior note investors based on the net spread between the cost to issue the senior debt and the return realized by the high quality assets .\nthe company acts as manager for the sivs and , prior to december 13 , 2007 , was not contractually obligated to provide liquidity facilities or guarantees to the sivs .\nin response to the ratings review of the outstanding senior debt of the sivs for a possible downgrade announced by two ratings agencies and the continued reduction of liquidity in the siv-related asset-backed commercial paper and medium-term note markets , on december 13 , 2007 , citigroup announced its commitment to provide support facilities that would support the sivs 2019 senior debt ratings .\nas a result of this commitment , citigroup became the sivs 2019 primary beneficiary and began consolidating these entities .\non february 12 , 2008 , citigroup finalized the terms of the support facilities , which took the form of a commitment to provide $ 3.5 billion of mezzanine capital to the sivs in the event the market value of their junior notes approaches zero .\nthe mezzanine capital facility was increased by $ 1 billion to $ 4.5 billion , with the additional commitment funded during the fourth quarter of 2008 .\nthe facilities rank senior to the junior notes but junior to the commercial paper and medium-term notes .\nthe facilities were at arm 2019s-length terms .\ninterest was paid on the drawn amount of the facilities and a per annum fee was paid on the unused portion .\nduring the period to november 18 , 2008 , the company wrote down $ 3.3 billion on siv assets .\nin order to complete the wind-down of the sivs , the company , in a nearly cashless transaction , purchased the remaining assets of the sivs at fair value , with a trade date of november 18 , 2008 .\nthe company funded the purchase of the siv assets by assuming the obligation to pay amounts due under the medium-term notes issued by the sivs , as the medium-term notes mature .\nthe net funding provided by the company to fund the purchase of the siv assets was $ 0.3 billion .\nas of december 31 , 2008 , the carrying amount of the purchased siv assets was $ 16.6 billion , of which $ 16.5 billion is classified as htm assets .\ninvestment funds the company is the investment manager for certain investment funds that invest in various asset classes including private equity , hedge funds , real estate , fixed income and infrastructure .\nthe company earns a management fee , which is a percentage of capital under management , and may earn performance fees .\nin addition , for some of these funds the company has an ownership interest in the investment funds .\nthe company has also established a number of investment funds as opportunities for qualified employees to invest in private equity investments .\nthe company acts as investment manager to these funds and may provide employees with financing on both a recourse and non-recourse basis for a portion of the employees 2019 investment commitments. .\n\nQuestion: what was the percentage change in proceeds from new securitizations from 2007 to 2008?",
        "solution": "-89%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2007/page_130.pdf\n\nID: HOLX/2007/page_130.pdf-1\n\nPrevious Text:\nhologic , inc .\nnotes to consolidated financial statements ( continued ) ( in thousands , except per share data ) the company has considered the provision of eitf issue no .\n95-8 , accounting for contingent consideration paid to the shareholders of and acquired enterprise in a purchase business combination , and concluded that this contingent consideration represents additional purchase price .\nduring the fourth quarter of fiscal 2007 the company paid approximately $ 19000 to former suros shareholders for the first annual earn-out period resulting in an increase to goodwill for the same amount .\ngoodwill will be increased by the amount of the additional consideration , if any , when it becomes due and payable for the second annual earn-out .\nin addition to the earn-out discussed above , the company increased goodwill related to the suros acquisition in the amount of $ 210 during the year ended september 29 , 2007 .\nthe increase was primarily related to recording a liability of approximately $ 550 in accordance with eitf 95-3 related to the termination of certain employees who have ceased all services for the company .\napproximately $ 400 of this liability was paid during the year ended september 29 , 2007 and the balance is expected to be paid by the end of the second quarter of fiscal 2008 .\nthis increase was partially offset by a decrease to goodwill as a result of a change in the valuation of certain assets and liabilities acquired based on information received during the year ended september 29 , 2007 .\nthere have been no other material changes to purchase price allocations as disclosed in the company 2019s form 10-k for the year ended september 30 , 2006 .\nas part of the purchase price allocation , all intangible assets that were a part of the acquisition were identified and valued .\nit was determined that only customer relationship , trade name , developed technology and know how and in-process research and development had separately identifiable values .\ncustomer relationship represents suros large installed base that are expected to purchase disposable products on a regular basis .\ntrade name represent the suros product names that the company intends to continue to use .\ndeveloped technology and know how represents currently marketable purchased products that the company continues to resell as well as utilize to enhance and incorporate into the company 2019s existing products .\nthe estimated $ 4900 of purchase price allocated to in-process research and development projects primarily related to suros 2019 disposable products .\nthe projects were at various stages of completion and include next generation handpiece and site marker technologies .\nthe company has continued to work on these projects and expects they will be completed during fiscal 2008 .\nthe deferred income tax liability relates to the tax effect of acquired identifiable intangible assets , and fair value adjustments to acquired inventory as such amounts are not deductible for tax purposes , partially offset by acquired net operating loss carry forwards that the company believes are realizable .\nfor all of the acquisitions discussed above , goodwill represents the excess of the purchase price over the net identifiable tangible and intangible assets acquired .\nthe company determined that the acquisition of each aeg , biolucent , r2 and suros resulted in the recognition of goodwill primarily because of synergies unique to the company and the strength of its acquired workforce .\nsupplemental unaudited pro-forma information the following unaudited pro forma information presents the consolidated results of operations of the company , r2 and suros as if the acquisitions had occurred at the beginning of fiscal 2006 , with pro forma adjustments to give effect to amortization of intangible assets , an increase in interest expense on acquisition financing and certain other adjustments together with related tax effects: .\n\nTable Data:\n[['', '2006'], ['net revenue', '$ 524340'], ['net income', '28649'], ['net income per share 2014basic', '$ 0.55'], ['net income per share 2014assuming dilution', '$ 0.33']]\n\nFollowing Text:\n.\n\nQuestion: what would be the net profit margin if the acquisitions occurred at the beginning of fiscal 2006?",
        "solution": "5.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAA/2018/page_88.pdf\n\nID: MAA/2018/page_88.pdf-4\n\nPrevious Text:\n5 .\nstock based compensation overview maa accounts for its stock based employee compensation plans in accordance with accounting standards governing stock based compensation .\nthese standards require an entity to measure the cost of employee services received in exchange for an award of an equity instrument based on the award's fair value on the grant date and recognize the cost over the period during which the employee is required to provide service in exchange for the award , which is generally the vesting period .\nany liability awards issued are remeasured at each reporting period .\nmaa 2019s stock compensation plans consist of a number of incentives provided to attract and retain independent directors , executive officers and key employees .\nincentives are currently granted under the second amended and restated 2013 stock incentive plan , or the stock plan , which was approved at the 2018 annual meeting of maa shareholders .\nthe stock plan allows for the grant of restricted stock and stock options up to 2000000 shares .\nmaa believes that such awards better align the interests of its employees with those of its shareholders .\ncompensation expense is generally recognized for service based restricted stock awards using the straight-line method over the vesting period of the shares regardless of cliff or ratable vesting distinctions .\ncompensation expense for market and performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end .\nadditionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited .\ncompensation expense for stock options is generally recognized on a straight-line basis over the requisite service period .\nmaa presents stock compensation expense in the consolidated statements of operations in \"general and administrative expenses\" .\ntotal compensation expense under the stock plan was $ 12.9 million , $ 10.8 million and $ 12.2 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nof these amounts , total compensation expense capitalized was $ 0.5 million , $ 0.2 million and $ 0.7 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nas of december 31 , 2018 , the total unrecognized compensation expense was $ 13.5 million .\nthis cost is expected to be recognized over the remaining weighted average period of 1.1 years .\ntotal cash paid for the settlement of plan shares totaled $ 2.9 million , $ 4.8 million and $ 2.0 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\ninformation concerning grants under the stock plan is provided below .\nrestricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years .\nservice based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant .\nmarket based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation .\nperformance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets .\nmaa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known .\nthe weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2018 , 2017 and 2016 , was $ 71.85 , $ 84.53 and $ 73.20 , respectively .\nthe following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2018 , 2017 and 2016: .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['risk free rate', '1.61% ( 1.61 % ) - 2.14% ( 2.14 % )', '0.65% ( 0.65 % ) - 1.57% ( 1.57 % )', '0.49% ( 0.49 % ) - 1.27% ( 1.27 % )'], ['dividend yield', '3.884% ( 3.884 % )', '3.573% ( 3.573 % )', '3.634% ( 3.634 % )'], ['volatility', '15.05% ( 15.05 % ) - 17.18% ( 17.18 % )', '20.43% ( 20.43 % ) - 21.85% ( 21.85 % )', '18.41% ( 18.41 % ) - 19.45% ( 19.45 % )'], ['requisite service period', '3 years', '3 years', '3 years']]\n\nFollowing Text:\nthe risk free rate was based on a zero coupon risk-free rate .\nthe minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2018 , 2017 and 2016 .\nthe maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2018 , 2017 and 2016 .\nthe dividend yield was based on the closing stock price of maa stock on the .\n\nQuestion: what was the percent of the change in the weighted average grant date fair value per share of restricted stock awards granted from 2016 to 2017",
        "solution": "15.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2007/page_39.pdf\n\nID: GPN/2007/page_39.pdf-3\n\nPrevious Text:\nstock performance graph the following line-graph presentation compares our cumulative shareholder returns with the standard & poor 2019s information technology index and the standard & poor 2019s 500 stock index for the past five years .\nthe line graph assumes the investment of $ 100 in our common stock , the standard & poor 2019s information technology index , and the standard & poor 2019s 500 stock index on may 31 , 2002 and assumes reinvestment of all dividends .\ncomparison of 5 year cumulative total return* among global payments inc. , the s&p 500 index and the s&p information technology index 5/02 5/03 5/04 5/05 5/06 5/07 global payments inc .\ns&p 500 s&p information technology * $ 100 invested on 5/31/02 in stock or index-including reinvestment of dividends .\nfiscal year ending may 31 .\nglobal payments s&p 500 information technology .\n\nTable Data:\n[['', 'global payments', 's&p 500', 's&p information technology'], ['may 31 2002', '$ 100.00', '$ 100.00', '$ 100.00'], ['may 31 2003', '94.20', '91.94', '94.48'], ['may 31 2004', '129.77', '108.79', '115.24'], ['may 31 2005', '193.30', '117.75', '116.29'], ['may 31 2006', '260.35', '127.92', '117.14'], ['may 31 2007', '224.24', '157.08', '144.11']]\n\nFollowing Text:\nissuer purchases of equity securities on april 5 , 2007 , our board of directors authorized repurchases of our common stock in an amount up to $ 100 million .\nthe board has authorized us to purchase shares from time to time as market conditions permit .\nthere is no expiration date with respect to this authorization .\nno amounts have been repurchased during the fiscal year ended may 31 , 2007. .\n\nQuestion: in comparison to overall information technology sector , how much percentage would global payments have earned the investor .",
        "solution": "global payments would have earned an 80.13% greater return than the overall information technology sector ."
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2010/page_61.pdf\n\nID: AON/2010/page_61.pdf-1\n\nPrevious Text:\nholding other assumptions constant , the following table reflects what a one hundred basis point increase and decrease in our estimated long-term rate of return on plan assets would have on our estimated 2011 pension expense ( in millions ) : change in long-term rate of return on plan assets .\n\nTable Data:\n[['increase ( decrease ) in expense', 'change in long-term rateof return on plan assets increase', 'change in long-term rateof return on plan assets decrease'], ['u.s . plans', '$ -14 ( 14 )', '$ 14'], ['u.k . plans', '-35 ( 35 )', '35'], ['the netherlands plan', '-5 ( 5 )', '5'], ['canada plans', '-2 ( 2 )', '2']]\n\nFollowing Text:\nestimated future contributions we estimate contributions of approximately $ 403 million in 2011 as compared with $ 288 million in goodwill and other intangible assets goodwill represents the excess of cost over the fair market value of the net assets acquired .\nwe classify our intangible assets acquired as either trademarks , customer relationships , technology , non-compete agreements , or other purchased intangibles .\nour goodwill and other intangible balances at december 31 , 2010 increased to $ 8.6 billion and $ 3.6 billion , respectively , compared to $ 6.1 billion and $ 791 million , respectively , at december 31 , 2009 , primarily as a result of the hewitt acquisition .\nalthough goodwill is not amortized , we test it for impairment at least annually in the fourth quarter .\nin the fourth quarter , we also test acquired trademarks ( which also are not amortized ) for impairment .\nwe test more frequently if there are indicators of impairment or whenever business circumstances suggest that the carrying value of goodwill or trademarks may not be recoverable .\nthese indicators may include a sustained significant decline in our share price and market capitalization , a decline in our expected future cash flows , or a significant adverse change in legal factors or in the business climate , among others .\nno events occurred during 2010 or 2009 that indicate the existence of an impairment with respect to our reported goodwill or trademarks .\nwe perform impairment reviews at the reporting unit level .\na reporting unit is an operating segment or one level below an operating segment ( referred to as a 2018 2018component 2019 2019 ) .\na component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component .\nan operating segment shall be deemed to be a reporting unit if all of its components are similar , if none of its components is a reporting unit , or if the segment comprises only a single component .\nthe goodwill impairment test is a two step analysis .\nstep one requires the fair value of each reporting unit to be compared to its book value .\nmanagement must apply judgment in determining the estimated fair value of the reporting units .\nif the fair value of a reporting unit is determined to be greater than the carrying value of the reporting unit , goodwill and trademarks are deemed not to be impaired and no further testing is necessary .\nif the fair value of a reporting unit is less than the carrying value , we perform step two .\nstep two uses the calculated fair value of the reporting unit to perform a hypothetical purchase price allocation to the fair value of the assets and liabilities of the reporting unit .\nthe difference between the fair value of the reporting unit calculated in step one and the fair value of the underlying assets and liabilities of the reporting unit is the implied fair value of the reporting unit 2019s goodwill .\na charge is recorded in the financial statements if the carrying value of the reporting unit 2019s goodwill is greater than its implied fair value. .\n\nQuestion: what was the percentage change in the goodwill in 2010 as a result of the hewitt acquisition .",
        "solution": "41%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2013/page_175.pdf\n\nID: STT/2013/page_175.pdf-3\n\nPrevious Text:\nstate street corporation notes to consolidated financial statements ( continued ) with respect to the 5.25% ( 5.25 % ) subordinated bank notes due 2018 , state street bank is required to make semi- annual interest payments on the outstanding principal balance of the notes on april 15 and october 15 of each year , and the notes qualify for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines .\nwith respect to the 5.30% ( 5.30 % ) subordinated notes due 2016 and the floating-rate subordinated notes due 2015 , state street bank is required to make semi-annual interest payments on the outstanding principal balance of the 5.30% ( 5.30 % ) subordinated notes on january 15 and july 15 of each year , and quarterly interest payments on the outstanding principal balance of the floating-rate notes on march 8 , june 8 , september 8 and december 8 of each year .\neach of the subordinated notes qualifies for inclusion in tier 2 regulatory capital under current federal regulatory capital guidelines .\nnote 11 .\ncommitments , guarantees and contingencies commitments : we had unfunded off-balance sheet commitments to extend credit totaling $ 21.30 billion and $ 17.86 billion as of december 31 , 2013 and 2012 , respectively .\nthe potential losses associated with these commitments equal the gross contractual amounts , and do not consider the value of any collateral .\napproximately 75% ( 75 % ) of our unfunded commitments to extend credit expire within one year from the date of issue .\nsince many of these commitments are expected to expire or renew without being drawn upon , the gross contractual amounts do not necessarily represent our future cash requirements .\nguarantees : off-balance sheet guarantees are composed of indemnified securities financing , stable value protection , unfunded commitments to purchase assets , and standby letters of credit .\nthe potential losses associated with these guarantees equal the gross contractual amounts , and do not consider the value of any collateral .\nthe following table presents the aggregate gross contractual amounts of our off-balance sheet guarantees as of december 31 , 2013 and 2012 .\namounts presented do not reflect participations to independent third parties. .\n\nTable Data:\n[['( in millions )', '2013', '2012'], ['indemnified securities financing', '$ 320078', '$ 302341'], ['stable value protection', '24906', '33512'], ['asset purchase agreements', '4685', '5063'], ['standby letters of credit', '4612', '4552']]\n\nFollowing Text:\nindemnified securities financing on behalf of our clients , we lend their securities , as agent , to brokers and other institutions .\nin most circumstances , we indemnify our clients for the fair market value of those securities against a failure of the borrower to return such securities .\nwe require the borrowers to maintain collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .\nsecurities on loan and the collateral are revalued daily to determine if additional collateral is necessary or if excess collateral is required to be returned to the borrower .\ncollateral received in connection with our securities lending services is held by us as agent and is not recorded in our consolidated statement of condition .\nthe cash collateral held by us as agent is invested on behalf of our clients .\nin certain cases , the cash collateral is invested in third-party repurchase agreements , for which we indemnify the client against loss of the principal invested .\nwe require the counterparty to the indemnified repurchase agreement to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .\nin our role as agent , the indemnified repurchase agreements and the related collateral held by us are not recorded in our consolidated statement of condition. .\n\nQuestion: what is the percentage change in the balance related to stable value protection from 2012 to 2013?",
        "solution": "-25.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_160.pdf\n\nID: ETR/2004/page_160.pdf-1\n\nPrevious Text:\nentergy arkansas , inc .\nmanagement's financial discussion and analysis fuel and purchased power expenses increased primarily due to increased recovery of deferred fuel and purchased power costs primarily due to an increase in april 2004 in the energy cost recovery rider and the true-ups to the 2003 and 2002 energy cost recovery rider filings .\nother regulatory credits decreased primarily due to the over-recovery of grand gulf costs due to an increase in the grand gulf rider effective january 2004 .\n2003 compared to 2002 net revenue , which is entergy arkansas' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .\nfollowing is an analysis of the change in net revenue comparing 2003 to 2002. .\n\nTable Data:\n[['', '( in millions )'], ['2002 net revenue', '$ 1095.9'], ['march 2002 settlement agreement', '-154.0 ( 154.0 )'], ['volume/weather', '-7.7 ( 7.7 )'], ['asset retirement obligation', '30.1'], ['net wholesale revenue', '16.6'], ['deferred fuel cost revisions', '10.2'], ['other', '7.6'], ['2003 net revenue', '$ 998.7']]\n\nFollowing Text:\nthe march 2002 settlement agreement resolved a request for recovery of ice storm costs incurred in december 2000 with an offset of those costs for funds contributed to pay for future stranded costs .\na 1997 settlement provided for the collection of earnings in excess of an 11% ( 11 % ) return on equity in a transition cost account ( tca ) to offset stranded costs if retail open access were implemented .\nin mid- and late december 2000 , two separate ice storms left 226000 and 212500 entergy arkansas customers , respectively , without electric power in its service area .\nentergy arkansas filed a proposal to recover costs plus carrying charges associated with power restoration caused by the ice storms .\nentergy arkansas' final storm damage cost determination reflected costs of approximately $ 195 million .\nthe apsc approved a settlement agreement submitted in march 2002 by entergy arkansas , the apsc staff , and the arkansas attorney general .\nin the march 2002 settlement , the parties agreed that $ 153 million of the ice storm costs would be classified as incremental ice storm expenses that can be offset against the tca on a rate class basis , and any excess of ice storm costs over the amount available in the tca would be deferred and amortized over 30 years , although such excess costs were not allowed to be included as a separate component of rate base .\nthe allocated ice storm expenses exceeded the available tca funds by $ 15.8 million which was recorded as a regulatory asset in june 2002 .\nin accordance with the settlement agreement and following the apsc's approval of the 2001 earnings review related to the tca , entergy arkansas filed to return $ 18.1 million of the tca to certain large general service class customers that paid more into the tca than their allocation of storm costs .\nthe apsc approved the return of funds to the large general service customer class in the form of refund checks in august 2002 .\nas part of the implementation of the march 2002 settlement agreement provisions , the tca procedure ceased with the 2001 earnings evaluation .\nof the remaining ice storm costs , $ 32.2 million was addressed through established ratemaking procedures , including $ 22.2 million classified as capital additions , while $ 3.8 million of the ice storm costs was not recovered through rates .\nthe effect on net income of the march 2002 settlement agreement and 2001 earnings review was a $ 2.2 million increase in 2003 , because the decrease in net revenue was offset by the decrease in operation and maintenance expenses discussed below. .\n\nQuestion: what is the growth rate in net revenue in 2003 for entergy arkansas , inc.?",
        "solution": "-8.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_314.pdf\n\nID: ETR/2008/page_314.pdf-3\n\nPrevious Text:\nentergy louisiana , llc management's financial discussion and analysis 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) .\nfollowing is an analysis of the change in net revenue comparing 2007 to 2006 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2006 net revenue', '$ 942.1'], ['base revenues', '78.4'], ['volume/weather', '37.5'], ['transmission revenue', '9.2'], ['purchased power capacity', '-80.0 ( 80.0 )'], ['other', '3.9'], ['2007 net revenue', '$ 991.1']]\n\nFollowing Text:\nthe base revenues variance is primarily due to increases effective september 2006 for the 2005 formula rate plan filing to recover lpsc-approved incremental deferred and ongoing capacity costs .\nsee \"state and local rate regulation\" below and note 2 to the financial statements for a discussion of the formula rate plan filing .\nthe volume/weather variance is due to increased electricity usage , including electricity sales during the unbilled service period .\nbilled retail electricity usage increased a total of 666 gwh in all sectors compared to 2006 .\nsee \"critical accounting estimates\" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues .\nthe transmission revenue variance is primarily due to higher rates .\nthe purchased power capacity variance is primarily due to higher purchased power capacity charges and the amortization of capacity charges effective september 2006 as a result of the formula rate plan filing in may 2006 .\na portion of the purchased power capacity costs is offset in base revenues due to a base rate increase implemented to recover incremental deferred and ongoing purchased power capacity charges , as mentioned above .\nsee \"state and local rate regulation\" below and note 2 to the financial statements for a discussion of the formula rate plan filing .\ngross operating revenues , fuel , purchased power expenses , and other regulatory charges ( credits ) gross operating revenues increased primarily due to : an increase of $ 143.1 million in fuel cost recovery revenues due to higher fuel rates and usage ; an increase of $ 78.4 million in base revenues , as discussed above ; and an increase of $ 37.5 million related to volume/weather , as discussed above .\nfuel and purchased power expenses increased primarily due to an increase in net area demand and an increase in deferred fuel expense as a result of higher fuel rates , as discussed above .\nother regulatory credits decreased primarily due to the deferral of capacity charges in 2006 in addition to the amortization of these capacity charges in 2007 as a result of the may 2006 formula rate plan filing ( for the 2005 test year ) with the lpsc to recover such costs through base rates effective september 2006 .\nsee note 2 to the financial statements for a discussion of the formula rate plan and storm cost recovery filings with the lpsc. .\n\nQuestion: what percent of the net change in revenue between 2007 and 2008 was due to volume/weather?",
        "solution": "76.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2004/page_51.pdf\n\nID: EW/2004/page_51.pdf-1\n\nPrevious Text:\n) increased net cash flows from receivables from improved days sales outstanding offsetting increased sales levels ; partially offset by reduced cash flows from increases in inventories to build new product lines and support increased sales levels .\ncash provided by operating activities in 2003 decreased $ 8.4 million from 2002 due primarily to : ) reduced cash inflows from accounts receivable securitization ; and ) reduced cash inflows from increases in inventories partially offset by : ) higher earnings in 2003 before non-cash charges and credits ; ) decreased net cash outflows from accounts and other receivables ; and ) decreased net cash outflows from accounts payable and accrued expenses .\nnet cash used in investing activities in 2004 consisted primarily of the acquisition of pvt and the purchase of ev3 2019s technology of $ 137.7 million , and capital expenditures of $ 42.5 million .\nnet cash used in investing activities in 2003 consisted primarily of the acquisition of jomed , whitland and embol-x , inc .\nof $ 33.2 million , and capital expenditures of $ 37.9 million .\nnet cash used in financing activities in 2004 consisted primarily of purchases of treasury stock of $ 59.1 million , partially offset by proceeds from stock plans of $ 30.5 million and net proceeds from issuance of long-term debt of $ 7.1 million .\ncash used in financing activities in 2003 consisted primarily of purchases of treasury stock of $ 49.4 million and net payments on debt of $ 4.0 million , partially offset by proceeds from stock plans of $ 36.6 million .\na summary of all of the company 2019s contractual obligations and commercial commitments as of december 31 , 2004 were as follows ( in millions ) : .\n\nTable Data:\n[['contractual obligations', 'payments due by period total', 'payments due by period less than 1 year', 'payments due by period 1-3 years', 'payments due by period 4-5 years', 'payments due by period after 5 years'], ['long-term debt', '$ 267.1', '$ 2014', '$ 2014', '$ 2014', '$ 267.1'], ['interest on long-term debt', '30.9', '11.2', '15.4', '4.3', '2014'], ['operating leases', '49.8', '13.1', '20.4', '15.2', '1.1'], ['unconditional purchase obligations ( a )', '15.1', '7.5', '7.6', '2014', '2014'], ['contractual development obligations ( b )', '31.9', '4.3', '3.6', '4.0', '20.0'], ['total contractual cash obligations', '$ 394.8', '$ 36.1', '$ 47.0', '$ 23.5', '$ 288.2']]\n\nFollowing Text:\nless than after contractual obligations total 1 year 1-3 years 4-5 years 5 years long-term debt *************************** $ 267.1 $ 2014 $ 2014 $ 2014 $ 267.1 interest on long-term debt ****************** 30.9 11.2 15.4 4.3 2014 operating leases*************************** 49.8 13.1 20.4 15.2 1.1 unconditional purchase obligations ( a ) ********* 15.1 7.5 7.6 2014 2014 contractual development obligations ( b ) ******** 31.9 4.3 3.6 4.0 20.0 total contractual cash obligations************* $ 394.8 $ 36.1 $ 47.0 $ 23.5 $ 288.2 ( a ) unconditional purchase obligations consist primarily of minimum purchase commitments of inventory .\n( b ) contractual development obligations consist primarily of cash that edwards lifesciences is obligated to pay to unconsolidated affiliates upon their achievement of product development milestones .\ncritical accounting policies and estimates the company 2019s results of operations and financial position are determined based upon the application of the company 2019s accounting policies , as discussed in the notes to the consolidated financial statements .\ncertain of the company 2019s accounting policies represent a selection among acceptable alternatives under generally accepted .\n\nQuestion: what percent of total contractual cash obligations is due to long-term debt?",
        "solution": "68%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VTR/2007/page_97.pdf\n\nID: VTR/2007/page_97.pdf-3\n\nPrevious Text:\nventas , inc .\nnotes to consolidated financial statements 2014 ( continued ) applicable indenture .\nthe issuers may also redeem the 2015 senior notes , in whole at any time or in part from time to time , on or after june 1 , 2010 at varying redemption prices set forth in the applicable indenture , plus accrued and unpaid interest thereon to the redemption date .\nin addition , at any time prior to june 1 , 2008 , the issuers may redeem up to 35% ( 35 % ) of the aggregate principal amount of either or both of the 2010 senior notes and 2015 senior notes with the net cash proceeds from certain equity offerings at redemption prices equal to 106.750% ( 106.750 % ) and 107.125% ( 107.125 % ) , respectively , of the principal amount thereof , plus , in each case , accrued and unpaid interest thereon to the redemption date .\nthe issuers may redeem the 2014 senior notes , in whole at any time or in part from time to time , ( i ) prior to october 15 , 2009 at a redemption price equal to 100% ( 100 % ) of the principal amount thereof , plus a make-whole premium as described in the applicable indenture and ( ii ) on or after october 15 , 2009 at varying redemption prices set forth in the applicable indenture , plus , in each case , accrued and unpaid interest thereon to the redemption date .\nthe issuers may redeem the 2009 senior notes and the 2012 senior notes , in whole at any time or in part from time to time , at a redemption price equal to 100% ( 100 % ) of the principal amount thereof , plus accrued and unpaid interest thereon to the redemption date and a make-whole premium as described in the applicable indenture .\nif we experience certain kinds of changes of control , the issuers must make an offer to repurchase the senior notes , in whole or in part , at a purchase price in cash equal to 101% ( 101 % ) of the principal amount of the senior notes , plus any accrued and unpaid interest to the date of purchase ; provided , however , that in the event moody 2019s and s&p have confirmed their ratings at ba3 or higher and bb- or higher on the senior notes and certain other conditions are met , this repurchase obligation will not apply .\nmortgages at december 31 , 2007 , we had outstanding 121 mortgage loans totaling $ 1.57 billion that are collateralized by the underlying assets of the properties .\noutstanding principal balances on these loans ranged from $ 0.4 million to $ 59.4 million as of december 31 , 2007 .\nthe loans generally bear interest at fixed rates ranging from 5.4% ( 5.4 % ) to 8.5% ( 8.5 % ) per annum , except for 15 loans with outstanding principal balances ranging from $ 0.4 million to $ 32.0 million , which bear interest at the lender 2019s variable rates ranging from 3.4% ( 3.4 % ) to 7.3% ( 7.3 % ) per annum as of december 31 , 2007 .\nat december 31 , 2007 , the weighted average annual rate on fixed rate debt was 6.5% ( 6.5 % ) and the weighted average annual rate on the variable rate debt was 6.1% ( 6.1 % ) .\nthe loans had a weighted average maturity of 7.0 years as of december 31 , 2007 .\nsunrise 2019s portion of total debt was $ 157.1 million as of december 31 , scheduled maturities of borrowing arrangements and other provisions as of december 31 , 2007 , our indebtedness had the following maturities ( in thousands ) : .\n\nTable Data:\n[['2008', '$ 193101'], ['2009', '605762'], ['2010', '282138'], ['2011', '303191'], ['2012', '527221'], ['thereafter', '1436263'], ['total maturities', '3347676'], ['unamortized fair value adjustment', '19669'], ['unamortized commission fees and discounts', '-6846 ( 6846 )'], ['senior notes payable and other debt', '$ 3360499']]\n\nFollowing Text:\n.\n\nQuestion: what percentage of total maturities expire after 2012?",
        "solution": "42.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2009/page_183.pdf\n\nID: JPM/2009/page_183.pdf-4\n\nPrevious Text:\njpmorgan chase & co./2009 annual report 181 the following table shows the current credit risk of derivative receivables after netting adjustments , and the current liquidity risk of derivative payables after netting adjustments , as of december 31 , 2009. .\n\nTable Data:\n[['december 31 2009 ( in millions )', 'derivative receivables', 'derivative payables'], ['gross derivative fair value', '$ 1565518', '$ 1519183'], ['nettingadjustment 2013 offsetting receivables/payables', '-1419840 ( 1419840 )', '-1419840 ( 1419840 )'], ['nettingadjustment 2013 cash collateral received/paid', '-65468 ( 65468 )', '-39218 ( 39218 )'], ['carrying value on consolidated balance sheets', '$ 80210', '$ 60125']]\n\nFollowing Text:\nin addition to the collateral amounts reflected in the table above , at december 31 , 2009 , the firm had received and posted liquid secu- rities collateral in the amount of $ 15.5 billion and $ 11.7 billion , respectively .\nthe firm also receives and delivers collateral at the initiation of derivative transactions , which is available as security against potential exposure that could arise should the fair value of the transactions move in the firm 2019s or client 2019s favor , respectively .\nfurthermore , the firm and its counterparties hold collateral related to contracts that have a non-daily call frequency for collateral to be posted , and collateral that the firm or a counterparty has agreed to return but has not yet settled as of the reporting date .\nat december 31 , 2009 , the firm had received $ 16.9 billion and delivered $ 5.8 billion of such additional collateral .\nthese amounts were not netted against the derivative receivables and payables in the table above , because , at an individual counterparty level , the collateral exceeded the fair value exposure at december 31 , 2009 .\ncredit derivatives credit derivatives are financial instruments whose value is derived from the credit risk associated with the debt of a third-party issuer ( the reference entity ) and which allow one party ( the protection purchaser ) to transfer that risk to another party ( the protection seller ) .\ncredit derivatives expose the protection purchaser to the creditworthiness of the protection seller , as the protection seller is required to make payments under the contract when the reference entity experiences a credit event , such as a bankruptcy , a failure to pay its obligation or a restructuring .\nthe seller of credit protection receives a premium for providing protection but has the risk that the underlying instrument referenced in the contract will be subject to a credit event .\nthe firm is both a purchaser and seller of protection in the credit derivatives market and uses these derivatives for two primary purposes .\nfirst , in its capacity as a market-maker in the dealer/client business , the firm actively risk manages a portfolio of credit derivatives by purchasing and selling credit protection , pre- dominantly on corporate debt obligations , to meet the needs of customers .\nas a seller of protection , the firm 2019s exposure to a given reference entity may be offset partially , or entirely , with a contract to purchase protection from another counterparty on the same or similar reference entity .\nsecond , the firm uses credit derivatives to mitigate credit risk associated with its overall derivative receivables and traditional commercial credit lending exposures ( loans and unfunded commitments ) as well as to manage its exposure to residential and commercial mortgages .\nsee note 3 on pages 156--- 173 of this annual report for further information on the firm 2019s mortgage-related exposures .\nin accomplishing the above , the firm uses different types of credit derivatives .\nfollowing is a summary of various types of credit derivatives .\ncredit default swaps credit derivatives may reference the credit of either a single refer- ence entity ( 201csingle-name 201d ) or a broad-based index , as described further below .\nthe firm purchases and sells protection on both single- name and index-reference obligations .\nsingle-name cds and index cds contracts are both otc derivative contracts .\nsingle- name cds are used to manage the default risk of a single reference entity , while cds index are used to manage credit risk associated with the broader credit markets or credit market segments .\nlike the s&p 500 and other market indices , a cds index is comprised of a portfolio of cds across many reference entities .\nnew series of cds indices are established approximately every six months with a new underlying portfolio of reference entities to reflect changes in the credit markets .\nif one of the reference entities in the index experi- ences a credit event , then the reference entity that defaulted is removed from the index .\ncds can also be referenced against spe- cific portfolios of reference names or against customized exposure levels based on specific client demands : for example , to provide protection against the first $ 1 million of realized credit losses in a $ 10 million portfolio of exposure .\nsuch structures are commonly known as tranche cds .\nfor both single-name cds contracts and index cds , upon the occurrence of a credit event , under the terms of a cds contract neither party to the cds contract has recourse to the reference entity .\nthe protection purchaser has recourse to the protection seller for the difference between the face value of the cds contract and the fair value of the reference obligation at the time of settling the credit derivative contract , also known as the recovery value .\nthe protection purchaser does not need to hold the debt instrument of the underlying reference entity in order to receive amounts due under the cds contract when a credit event occurs .\ncredit-linked notes a credit linked note ( 201ccln 201d ) is a funded credit derivative where the issuer of the cln purchases credit protection on a referenced entity from the note investor .\nunder the contract , the investor pays the issuer par value of the note at the inception of the transaction , and in return , the issuer pays periodic payments to the investor , based on the credit risk of the referenced entity .\nthe issuer also repays the investor the par value of the note at maturity unless the reference entity experiences a specified credit event .\nin that event , the issuer is not obligated to repay the par value of the note , but rather , the issuer pays the investor the difference between the par value of the note .\n\nQuestion: considering the year 2009 , what is the difference between the carrying value on consolidated balance sheets for derivative receivables and derivative payables , in millions?",
        "solution": "20085"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KIM/2010/page_86.pdf\n\nID: KIM/2010/page_86.pdf-2\n\nPrevious Text:\nkimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases 2014 the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers .\nthese premises have been sublet to retailers who lease the stores pursuant to net lease agreements .\nincome from the investment in these retail store leases during the years ended december 31 , 2010 , 2009 and 2008 , was approximately $ 1.6 million , $ 0.8 million and $ 2.7 million , respectively .\nthese amounts represent sublease revenues during the years ended december 31 , 2010 , 2009 and 2008 , of approximately $ 5.9 million , $ 5.2 million and $ 7.1 million , respectively , less related expenses of $ 4.3 million , $ 4.4 million and $ 4.4 million , respectively .\nthe company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2011 , $ 5.2 and $ 3.4 ; 2012 , $ 4.1 and $ 2.6 ; 2013 , $ 3.8 and $ 2.3 ; 2014 , $ 2.9 and $ 1.7 ; 2015 , $ 2.1 and $ 1.3 , and thereafter , $ 2.8 and $ 1.6 , respectively .\nleveraged lease 2014 during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties .\nthe properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights .\nthe company 2019s cash equity investment was approximately $ 4.0 million .\nthis equity investment is reported as a net investment in leveraged lease in accordance with the fasb 2019s lease guidance .\nas of december 31 , 2010 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million and the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 33.4 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease .\nas an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease .\naccordingly , this obligation has been offset against the related net rental receivable under the lease .\nat december 31 , 2010 and 2009 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2010', '2009'], ['remaining net rentals', '$ 37.6', '$ 44.1'], ['estimated unguaranteed residual value', '31.7', '31.7'], ['non-recourse mortgage debt', '-30.1 ( 30.1 )', '-34.5 ( 34.5 )'], ['unearned and deferred income', '-34.2 ( 34.2 )', '-37.0 ( 37.0 )'], ['net investment in leveraged lease', '$ 5.0', '$ 4.3']]\n\nFollowing Text:\n10 .\nvariable interest entities : consolidated operating properties 2014 included within the company 2019s consolidated operating properties at december 31 , 2010 are four consolidated entities that are vies and for which the company is the primary beneficiary .\nall of these entities have been established to own and operate real estate property .\nthe company 2019s involvement with these entities is through its majority ownership of the properties .\nthese entities were deemed vies primarily based on the fact that the voting rights of the equity investors are not proportional to their obligation to absorb expected losses or receive the expected residual returns of the entity and substantially all of the entity 2019s activities are conducted on behalf of the investor which has disproportionately fewer voting rights .\nthe company determined that it was the primary beneficiary of these vies as a result of its controlling financial interest .\nduring 2010 , the company sold two consolidated vie 2019s which the company was the primary beneficiary. .\n\nQuestion: what is the growth rate in expenses incurred due to subleasing in 2010?",
        "solution": "-2.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2007/page_32.pdf\n\nID: UPS/2007/page_32.pdf-2\n\nPrevious Text:\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .\nthe following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average .\nthe comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2002 in the s&p 500 index , the dow jones transportation average , and the class b common stock of united parcel service , inc .\ncomparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 $ 180.00 $ 200.00 $ 220.00 2002 20072006200520042003 s&p 500 ups dj transport .\n\nTable Data:\n[['', '12/31/02', '12/31/03', '12/31/04', '12/31/05', '12/31/06', '12/31/07'], ['united parcel service inc .', '$ 100.00', '$ 119.89', '$ 139.55', '$ 124.88', '$ 127.08', '$ 122.64'], ['s&p 500 index', '$ 100.00', '$ 128.68', '$ 142.68', '$ 149.69', '$ 173.33', '$ 182.85'], ['dow jones transportation average', '$ 100.00', '$ 131.84', '$ 168.39', '$ 188.00', '$ 206.46', '$ 209.40']]\n\nFollowing Text:\nsecurities authorized for issuance under equity compensation plans the following table provides information as of december 31 , 2007 regarding compensation plans under which our class a common stock is authorized for issuance .\nthese plans do not authorize the issuance of our class b common stock. .\n\nQuestion: what is the rate of return of an investment in ups from 2003 to 2004?",
        "solution": "16.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2007/page_97.pdf\n\nID: IPG/2007/page_97.pdf-3\n\nPrevious Text:\nfuture minimum lease commitments for office premises and equipment under non-cancelable leases , along with minimum sublease rental income to be received under non-cancelable subleases , are as follows : period rent obligations sublease rental income net rent .\n\nTable Data:\n[['period', 'rent obligations', 'sublease rental income', 'net rent'], ['2008', '$ 323.9', '$ -40.9 ( 40.9 )', '$ 283.0'], ['2009', '300.9', '-37.5 ( 37.5 )', '263.4'], ['2010', '267.7', '-31.0 ( 31.0 )', '236.7'], ['2011', '233.7', '-25.7 ( 25.7 )', '208.0'], ['2012', '197.9', '-20.2 ( 20.2 )', '177.7'], ['2013 and thereafter', '871.0', '-33.1 ( 33.1 )', '837.9'], ['total', '$ 2195.1', '$ -188.4 ( 188.4 )', '$ 2006.7']]\n\nFollowing Text:\nguarantees we have certain contingent obligations under guarantees of certain of our subsidiaries ( 201cparent company guarantees 201d ) relating principally to credit facilities , guarantees of certain media payables and operating leases .\nthe amount of such parent company guarantees was $ 327.1 and $ 327.9 as of december 31 , 2007 and 2006 , respectively .\nin the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee .\nas of december 31 , 2007 , there are no material assets pledged as security for such parent company guarantees .\ncontingent acquisition obligations we have structured certain acquisitions with additional contingent purchase price obligations in order to reduce the potential risk associated with negative future performance of the acquired entity .\nin addition , we have entered into agreements that may require us to purchase additional equity interests in certain consolidated and unconsolidated subsidiaries .\nthe amounts relating to these transactions are based on estimates of the future financial performance of the acquired entity , the timing of the exercise of these rights , changes in foreign currency exchange rates and other factors .\nwe have not recorded a liability for these items since the definitive amounts payable are not determinable or distributable .\nwhen the contingent acquisition obligations have been met and consideration is determinable and distributable , we record the fair value of this consideration as an additional cost of the acquired entity .\nhowever , we recognize deferred payments and purchases of additional interests after the effective date of purchase that are contingent upon the future employment of owners as compensation expense .\ncompensation expense is determined based on the terms and conditions of the respective acquisition agreements and employment terms of the former owners of the acquired businesses .\nthis future expense will not be allocated to the assets and liabilities acquired and is amortized over the required employment terms of the former owners .\nthe following table details the estimated liability with respect to our contingent acquisition obligations and the estimated amount that would be paid under the options , in the event of exercise at the earliest exercise date .\nall payments are contingent upon achieving projected operating performance targets and satisfying other notes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) .\n\nQuestion: what is the average of parent company guarantees from 2006-2007?",
        "solution": "327.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2008/page_86.pdf\n\nID: JPM/2008/page_86.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis 84 jpmorgan chase & co .\n/ 2008 annual report tier 1 capital was $ 136.1 billion at december 31 , 2008 , compared with $ 88.7 billion at december 31 , 2007 , an increase of $ 47.4 billion .\nthe following table presents the changes in tier 1 capital for the year ended december 31 , 2008. .\n\nTable Data:\n[['tier 1capital december 31 2007 ( in millions )', '$ 88746'], ['net income', '5605'], ['issuance of cumulative perpetual preferred stock tou.s . treasury', '23750'], ['warrant issued to u.s . treasury in connection withissuance of preferred stock', '1250'], ['issuance of noncumulative perpetual preferred stock', '7800'], ['issuance of preferred stock 2013 conversion of bear stearnspreferred stock', '352'], ['net issuance of common stock', '11485'], ['net issuance of common stock under employee stock-basedcompensation plans', '3317'], ['net issuance of common stock in connection with thebear stearns merger', '1198'], ['dividends declared', '-6307 ( 6307 )'], ['net issuance of qualifying trust preferred capital debtsecurities', '2619'], ['dva on structured debt and derivative liabilities', '-1475 ( 1475 )'], ['goodwill and other nonqualifying intangibles ( net ofdeferred tax liabilities )', '-1357 ( 1357 )'], ['other', '-879 ( 879 )'], ['increase in tier 1 capital', '47358'], ['tier 1 capital december 31 2008', '$ 136104']]\n\nFollowing Text:\nadditional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject , and the capital ratios for the firm 2019s significant banking subsidiaries at december 31 , 2008 and 2007 , are presented in note 30 on pages 212 2013213 of this annual report .\ncapital purchase program pursuant to the capital purchase program , on october 28 , 2008 , the firm issued to the u.s .\ntreasury , for total proceeds of $ 25.0 billion , ( i ) 2.5 million shares of series k preferred stock , and ( ii ) a warrant to pur- chase up to 88401697 shares of the firm 2019s common stock , at an exer- cise price of $ 42.42 per share , subject to certain antidilution and other adjustments .\nthe series k preferred stock qualifies as tier 1 capital .\nthe series k preferred stock bears cumulative dividends at a rate of 5% ( 5 % ) per year for the first five years and 9% ( 9 % ) per year thereafter .\nthe series k preferred stock ranks equally with the firm 2019s existing 6.15% ( 6.15 % ) cumulative preferred stock , series e ; 5.72% ( 5.72 % ) cumulative preferred stock , series f ; 5.49% ( 5.49 % ) cumulative preferred stock , series g ; fixed- to-floating rate noncumulative perpetual preferred stock , series i ; and 8.63% ( 8.63 % ) noncumulative perpetual preferred stock , series j , in terms of dividend payments and upon liquidation of the firm .\nany accrued and unpaid dividends on the series k preferred stock must be fully paid before dividends may be declared or paid on stock ranking junior or equally with the series k preferred stock .\npursuant to the capital purchase program , until october 28 , 2011 , the u.s .\ntreasury 2019s consent is required for any increase in dividends on the firm 2019s common stock from the amount of the last quarterly stock div- idend declared by the firm prior to october 14 , 2008 , unless the series k preferred stock is redeemed in whole before then , or the u.s .\ntreasury has transferred all of the series k preferred stock it owns to third parties .\nthe firm may not repurchase or redeem any common stock or other equity securities of the firm , or any trust preferred securities issued by the firm or any of its affiliates , without the prior consent of the u.s .\ntreasury ( other than ( i ) repurchases of the series k preferred stock and ( ii ) repurchases of junior preferred shares or common stock in connection with any employee benefit plan in the ordinary course of business consistent with past practice ) .\nbasel ii the minimum risk-based capital requirements adopted by the u.s .\nfederal banking agencies follow the capital accord of the basel committee on banking supervision .\nin 2004 , the basel committee published a revision to the accord ( 201cbasel ii 201d ) .\nthe goal of the new basel ii framework is to provide more risk-sensitive regulatory capital calculations and promote enhanced risk management practices among large , internationally active banking organizations .\nu.s .\nbank- ing regulators published a final basel ii rule in december 2007 , which will require jpmorgan chase to implement basel ii at the holding company level , as well as at certain of its key u.s .\nbank subsidiaries .\nprior to full implementation of the new basel ii framework , jpmorgan chase will be required to complete a qualification period of four consecutive quarters during which it will need to demonstrate that it meets the requirements of the new rule to the satisfaction of its primary u.s .\nbanking regulators .\nthe u.s .\nimplementation timetable consists of the qualification period , starting any time between april 1 , 2008 , and april 1 , 2010 , followed by a minimum transition period of three years .\nduring the transition period , basel ii risk-based capital requirements cannot fall below certain floors based on current ( 201cbasel l 201d ) regulations .\njpmorgan chase expects to be in compliance with all relevant basel ii rules within the estab- lished timelines .\nin addition , the firm has adopted , and will continue to adopt , based upon various established timelines , basel ii in certain non-u.s .\njurisdictions , as required .\nbroker-dealer regulatory capital jpmorgan chase 2019s principal u.s .\nbroker-dealer subsidiaries are j.p .\nmorgan securities inc .\n( 201cjpmorgan securities 201d ) and j.p .\nmorgan clearing corp .\n( formerly known as bear stearns securities corp. ) .\njpmorgan securities and j.p .\nmorgan clearing corp .\nare each subject to rule 15c3-1 under the securities exchange act of 1934 ( 201cnet capital rule 201d ) .\njpmorgan securities and j.p .\nmorgan clearing corp .\nare also registered as futures commission merchants and subject to rule 1.17 under the commodity futures trading commission ( 201ccftc 201d ) .\njpmorgan securities and j.p .\nmorgan clearing corp .\nhave elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirement 201d of the net capital rule .\nat december 31 , 2008 , jpmorgan securities 2019 net capital , as defined by the net capital rule , of $ 7.2 billion exceeded the minimum require- ment by $ 6.6 billion .\nin addition to its net capital requirements , jpmorgan securities is required to hold tentative net capital in excess jpmorgan chase & co .\n/ 2008 annual report84 .\n\nQuestion: what percentage of the increase in tier 1 capital was due to net income?",
        "solution": "12%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2002/page_30.pdf\n\nID: DRE/2002/page_30.pdf-2\n\nPrevious Text:\nd u k e r e a l t y c o r p o r a t i o n 2 8 2 0 0 2 a n n u a l r e p o r t notes to consolidated financial statements the company recognizes income on long-term construction contracts where the company serves as a general contractor on the percentage of completion method .\nusing this method , profits are recorded on the basis of the company 2019s estimates of the percentage of completion of individual contracts , commencing when progress reaches a point where experience is sufficient to estimate final results with reasonable accuracy .\nthat portion of the estimated earnings is accrued on the basis of the company 2019s estimates of the percentage of completion based on contract expenditures incurred and work performed .\nproperty sales gains from sales of depreciated property are recognized in accordance with statement of financial accounting standards ( 201csfas 201d ) no .\n66 , and are included in earnings from sales of land and depreciable property dispositions , net of impairment adjustment , in the statement of operations if identified as held for sale prior to adoption of sfas 144 and in discontinued operations if identified as held for sale after adoption of sfas 144 .\ngains or losses from the sale of property which is considered held for sale in dclp are recognized in accordance with sfas 66 and are included in construction management and development activity income in the statement of operations .\nnet income per common share basic net income per common share is computed by dividing net income available for common shares by the weighted average number of common shares outstanding for the period .\ndiluted net income per share is computed by dividing the sum of net income available for common shares and minority interest in earnings of unitholders , by the sum of the weighted average number of common shares and units outstanding and dilutive potential common shares for the period .\nthe following table reconciles the components of basic and diluted net income per share ( in thousands ) : the series d convertible preferred stock and the series g convertible preferred limited partner units were anti-dilutive for the years ended december 31 , 2002 , 2001 and 2000 ; therefore , no conversion to common shares is included in weighted dilutive potential common shares .\nin september 2002 , the company redeemed the series g convertible preferred units at their par value of $ 35.0 million .\na joint venture partner in one of the company 2019s unconsolidated companies has the option to convert a portion of its ownership to company common shares ( see discussion in investments in unconsolidated companies section ) .\nthe effect of the option on earnings per share was dilutive for the year ended december 31 , 2001 ; therefore , conversion to common shares is included in weighted dilutive potential common shares .\nfederal income taxes the company has elected to be taxed as a real estate investment trust ( 201creit 201d ) under the internal revenue code .\nto qualify as a reit , the company must meet a number of organizational and operational requirements , including a requirement that it currently distribute at least 90% ( 90 % ) of its taxable income to its stockholders .\nmanagement intends to continue to adhere to these requirements and to maintain the company 2019s reit status .\nas a reit , the company is entitled to a tax deduction for some or all of the dividends it pays to its shareholders .\naccordingly , the company generally will not be subject to federal income taxes as long as it distributes an amount equal to or in excess of its taxable income currently to its stockholders .\na reit generally is subject to federal income taxes on any taxable income that is not currently distributed to its shareholders .\nif the company fails to qualify as a reit in any taxable year , it will be subject to federal income taxes and may not be able to qualify as a reit for four subsequent taxable years .\nreit qualification reduces , but does not eliminate , the amount of state and local taxes paid by the company .\nin addition , the company 2019s financial statements include the operations of taxable corporate subsidiaries that are not entitled to a dividends paid deduction and are subject to corporate federal , state and local income taxes .\nas a reit , the company may also be subject to certain federal excise taxes if it engages in certain types of transactions. .\n\nTable Data:\n[['', '2002', '2001', '2000'], ['basic net income available for common shares', '$ 161272', '$ 229967', '$ 212958'], ['joint venture partner convertible ownership net income', '2014', '3423', '2014'], ['minority interest in earnings of common unitholders', '18568', '32463', '32071'], ['diluted net income available for common shares and dilutive potential common shares', '$ 179840', '$ 265853', '$ 245029'], ['weighted average number of common shares outstanding', '133981', '129660', '126836'], ['weighted average partnership units outstanding', '15442', '18301', '19070'], ['joint venture partner convertible ownership common share equivalents', '2014', '2092', '2014'], ['dilutive shares for stock-based compensation plans', '1416', '1657', '1535'], ['weighted average number of common shares and dilutive potential common shares', '150839', '151710', '147441']]\n\nFollowing Text:\n.\n\nQuestion: the weighted average number of common shares outstanding comprises what percent of weighted average number of common shares and dilutive potential common shares in the year 2001?",
        "solution": "85.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2013/page_29.pdf\n\nID: BLK/2013/page_29.pdf-4\n\nPrevious Text:\nthe second largest closed-end fund manager and a top- ten manager by aum and 2013 net flows of long-term open-end mutual funds1 .\nin 2013 , we were also the leading manager by net flows for long-dated fixed income mutual funds1 .\n2022 we have fully integrated our legacy retail and ishares retail distribution teams to create a unified client-facing presence .\nas retail clients increasingly use blackrock 2019s capabilities in combination 2014 active , alternative and passive 2014 it is a strategic priority for blackrock to coherently deliver these capabilities through one integrated team .\n2022 international retail long-term net inflows of $ 17.5 billion , representing 15% ( 15 % ) organic growth , were positive across major regions and diversified across asset classes .\nequity net inflows of $ 6.4 billion were driven by strong demand for our top-performing european equities franchise as investor risk appetite for the sector improved .\nmulti-asset class and fixed income products each generated net inflows of $ 4.8 billion , as investors looked to manage duration and volatility in their portfolios .\nin 2013 , we were ranked as the third largest cross border fund provider2 .\nin the united kingdom , we ranked among the five largest fund managers2 .\nishares .\n\nTable Data:\n[['( in millions )', 'component changes in aum 2014 ishares 12/31/2012', 'component changes in aum 2014 ishares net new business', 'component changes in aum 2014 ishares acquisition ( 1 )', 'component changes in aum 2014 ishares market / fx', 'component changes in aum 2014 ishares 12/31/2013'], ['equity', '$ 534648', '$ 74119', '$ 13021', '$ 96347', '$ 718135'], ['fixed income', '192852', '-7450 ( 7450 )', '1294', '-7861 ( 7861 )', '178835'], ['multi-asset class', '869', '355', '2014', '86', '1310'], ['alternatives ( 2 )', '24337', '-3053 ( 3053 )', '1645', '-6837 ( 6837 )', '16092'], ['total ishares', '$ 752706', '$ 63971', '$ 15960', '$ 81735', '$ 914372']]\n\nFollowing Text:\nalternatives ( 2 ) 24337 ( 3053 ) 1645 ( 6837 ) 16092 total ishares $ 752706 $ 63971 $ 15960 $ 81735 $ 914372 ( 1 ) amounts represent $ 16.0 billion of aum acquired in the credit suisse etf acquisition in july 2013 .\n( 2 ) amounts include commodity ishares .\nishares is the leading etf provider in the world , with $ 914.4 billion of aum at december 31 , 2013 , and was the top asset gatherer globally in 20133 with $ 64.0 billion of net inflows for an organic growth rate of 8% ( 8 % ) .\nequity net inflows of $ 74.1 billion were driven by flows into funds with broad developed market exposures , partially offset by outflows from emerging markets products .\nishares fixed income experienced net outflows of $ 7.5 billion , as the continued low interest rate environment led many liquidity-oriented investors to sell long-duration assets , which made up the majority of the ishares fixed income suite .\nin 2013 , we launched several funds to meet demand from clients seeking protection in a rising interest rate environment by offering an expanded product set that includes four new u.s .\nfunds , including short-duration versions of our flagship high yield and investment grade credit products , and short maturity and liquidity income funds .\nishares alternatives had $ 3.1 billion of net outflows predominantly out of commodities .\nishares represented 23% ( 23 % ) of long-term aum at december 31 , 2013 and 35% ( 35 % ) of long-term base fees for ishares offers the most diverse product set in the industry with 703 etfs at year-end 2013 , and serves the broadest client base , covering more than 25 countries on five continents .\nduring 2013 , ishares continued its dual commitment to innovation and responsible product structuring by introducing 42 new etfs , acquiring credit suisse 2019s 58 etfs in europe and entering into a critical new strategic alliance with fidelity investments to deliver fidelity 2019s more than 10 million clients increased access to ishares products , tools and support .\nour alliance with fidelity investments and a successful full first year for the core series have deeply expanded our presence and offerings among buy-and-hold investors .\nour broad product range offers investors a precise , transparent and low-cost way to tap market returns and gain access to a full range of asset classes and global markets that have been difficult or expensive for many investors to access until now , as well as the liquidity required to make adjustments to their exposures quickly and cost-efficiently .\n2022 u.s .\nishares aum ended at $ 655.6 billion with $ 41.4 billion of net inflows driven by strong demand for developed markets equities and short-duration fixed income .\nduring the fourth quarter of 2012 , we debuted the core series in the united states , designed to provide the essential building blocks for buy-and-hold investors to use in constructing the core of their portfolio .\nthe core series demonstrated solid results in its first full year , raising $ 20.0 billion in net inflows , primarily in u.s .\nequities .\nin the united states , ishares maintained its position as the largest etf provider , with 39% ( 39 % ) share of aum3 .\n2022 international ishares aum ended at $ 258.8 billion with robust net new business of $ 22.6 billion led by demand for european and japanese equities , as well as a diverse range of fixed income products .\nat year-end 2013 , ishares was the largest european etf provider with 48% ( 48 % ) of aum3 .\n1 simfund 2 lipper feri 3 blackrock ; bloomberg .\n\nQuestion: what is the percentage change in the balance of total ishares in 2013 compare to 2012?",
        "solution": "21.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2016/page_92.pdf\n\nID: EW/2016/page_92.pdf-4\n\nPrevious Text:\nedwards lifesciences corporation notes to consolidated financial statements ( continued ) 12 .\nemployee benefit plans ( continued ) equity and debt securities are valued at fair value based on quoted market prices reported on the active markets on which the individual securities are traded .\nthe insurance contracts are valued at the cash surrender value of the contracts , which is deemed to approximate its fair value .\nthe following benefit payments , which reflect expected future service , as appropriate , at december 31 , 2016 , are expected to be paid ( in millions ) : .\n\nTable Data:\n[['2017', '$ 4.5'], ['2018', '4.0'], ['2019', '4.0'], ['2020', '4.6'], ['2021', '4.5'], ['2021-2025', '44.6']]\n\nFollowing Text:\nas of december 31 , 2016 , expected employer contributions for 2017 are $ 6.1 million .\ndefined contribution plans the company 2019s employees in the united states and puerto rico are eligible to participate in a qualified defined contribution plan .\nin the united states , participants may contribute up to 25% ( 25 % ) of their eligible compensation ( subject to tax code limitation ) to the plan .\nedwards lifesciences matches the first 3% ( 3 % ) of the participant 2019s annual eligible compensation contributed to the plan on a dollar-for-dollar basis .\nedwards lifesciences matches the next 2% ( 2 % ) of the participant 2019s annual eligible compensation to the plan on a 50% ( 50 % ) basis .\nin puerto rico , participants may contribute up to 25% ( 25 % ) of their annual compensation ( subject to tax code limitation ) to the plan .\nedwards lifesciences matches the first 4% ( 4 % ) of participant 2019s annual eligible compensation contributed to the plan on a 50% ( 50 % ) basis .\nthe company also provides a 2% ( 2 % ) profit sharing contribution calculated on eligible earnings for each employee .\nmatching contributions relating to edwards lifesciences employees were $ 17.3 million , $ 15.3 million , and $ 12.8 million in 2016 , 2015 , and 2014 , respectively .\nthe company also has nonqualified deferred compensation plans for a select group of employees .\nthe plans provide eligible participants the opportunity to defer eligible compensation to future dates specified by the participant with a return based on investment alternatives selected by the participant .\nthe amount accrued under these nonqualified plans was $ 46.7 million and $ 35.5 million at december 31 , 2016 and 2015 , respectively .\n13 .\ncommon stock treasury stock in july 2014 , the board of directors approved a stock repurchase program authorizing the company to purchase up to $ 750.0 million of the company 2019s common stock .\nin november 2016 , the board of directors approved a new stock repurchase program providing for an additional $ 1.0 billion of repurchases of our common stock .\nthe repurchase programs do not have an expiration date .\nstock repurchased under these programs may be used to offset obligations under the company 2019s employee stock-based benefit programs and stock-based business acquisitions , and will reduce the total shares outstanding .\nduring 2016 , 2015 , and 2014 , the company repurchased 7.3 million , 2.6 million , and 4.4 million shares , respectively , at an aggregate cost of $ 662.3 million , $ 280.1 million , and $ 300.9 million , respectively , including .\n\nQuestion: during 2016 what was the average price paid for the shares repurchased by the company?",
        "solution": "90.73"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNPS/2003/page_39.pdf\n\nID: SNPS/2003/page_39.pdf-2\n\nPrevious Text:\nthe following table presents the estimated future amortization of deferred stock compensation reported in both cost of revenue and operating expenses : fiscal year ( in thousands ) .\n\nTable Data:\n[['fiscal year', '( in thousands )'], ['2004', '$ 3677'], ['2005', '2403'], ['2006', '840'], ['2007', '250'], ['total estimated future amortization of deferred stock compensation', '$ 7170']]\n\nFollowing Text:\nimpairment of intangible assets .\nin fiscal 2002 , we recognized an aggregate impairment charge of $ 3.8 million to reduce the amount of certain intangible assets associated with prior acquisitions to their estimated fair value .\napproximately $ 3.7 million and $ 0.1 million are included in integration expense and amortization of intangible assets , respectively , on the consolidated statement of operations .\nthe impairment charge is primarily attributable to certain technology acquired from and goodwill related to the acquisition of stanza , inc .\n( stanza ) in 1999 .\nduring fiscal 2002 , we determined that we would not allocate future resources to assist in the market growth of this technology as products acquired in the merger with avant! provided customers with superior capabilities .\nas a result , we do not anticipate any future sales of the stanza product .\nin fiscal 2001 , we recognized an aggregate impairment charge of $ 2.2 million to reduce the amount of certain intangible assets associated with prior acquisitions to their estimated fair value .\napproximately $ 1.8 million and $ 0.4 million are included in cost of revenues and amortization of intangible assets , respectively , on the consolidated statement of operations .\nthe impairment charge is attributable to certain technology acquired from and goodwill related to the acquisition of eagle design automation , inc .\n( eagle ) in 1997 .\nduring fiscal 2001 , we determined that we would not allocate future resources to assist in the market growth of this technology .\nas a result , we do not anticipate any future sales of the eagle product .\nthere were no impairment charges during fiscal 2003 .\nother ( expense ) income , net .\nother income , net was $ 24.1 million in fiscal 2003 and consisted primarily of ( i ) realized gain on investments of $ 20.7 million ; ( ii ) rental income of $ 6.3 million ; ( iii ) interest income of $ 5.2 million ; ( iv ) impairment charges related to certain assets in our venture portfolio of ( $ 4.5 ) million ; ( vii ) foundation contributions of ( $ 2.1 ) million ; and ( viii ) interest expense of ( $ 1.6 ) million .\nother ( expense ) , net of other income was ( $ 208.6 ) million in fiscal 2002 and consisted primarily of ( i ) ( $ 240.8 ) million expense due to the settlement of the cadence design systems , inc .\n( cadence ) litigation ; ( ii ) ( $ 11.3 ) million in impairment charges related to certain assets in our venture portfolio ; ( iii ) realized gains on investments of $ 22.7 million ; ( iv ) a gain of $ 3.1 million for the termination fee on the ikos systems , inc .\n( ikos ) merger agreement ; ( v ) rental income of $ 10.0 million ; ( vi ) interest income of $ 8.3 million ; and ( vii ) and other miscellaneous expenses including amortization of premium forwards and foreign exchange gains and losses recognized during the fiscal year of ( $ 0.6 ) million .\nother income , net was $ 83.8 million in fiscal 2001 and consisted primarily of ( i ) a gain of $ 10.6 million on the sale of our silicon libraries business to artisan components , inc. ; ( ii ) ( $ 5.8 ) million in impairment charges related to certain assets in our venture portfolio ; ( iii ) realized gains on investments of $ 55.3 million ; ( iv ) rental income of $ 8.6 million ; ( v ) interest income of $ 12.8 million ; and ( vi ) other miscellaneous income including amortization of premium forwards and foreign exchange gains and losses recognized during the fiscal year of $ 2.3 million .\ntermination of agreement to acquire ikos systems , inc .\non july 2 , 2001 , we entered into an agreement and plan of merger and reorganization ( the ikos merger agreement ) with ikos systems , inc .\nthe ikos merger agreement provided for the acquisition of all outstanding shares of ikos common stock by synopsys. .\n\nQuestion: what is the percentage of 2006's estimated future amortization of deferred stock compensation among the total?",
        "solution": "11.71%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2009/page_51.pdf\n\nID: PNC/2009/page_51.pdf-2\n\nPrevious Text:\npricing the loans .\nwhen available , valuation assumptions included observable inputs based on whole loan sales .\nadjustments are made to these assumptions to account for situations when uncertainties exist , including market conditions and liquidity .\ncredit risk is included as part of our valuation process for these loans by considering expected rates of return for market participants for similar loans in the marketplace .\nbased on the significance of unobservable inputs , we classify this portfolio as level 3 .\nequity investments the valuation of direct and indirect private equity investments requires significant management judgment due to the absence of quoted market prices , inherent lack of liquidity and the long-term nature of such investments .\nthe carrying values of direct and affiliated partnership interests reflect the expected exit price and are based on various techniques including publicly traded price , multiples of adjusted earnings of the entity , independent appraisals , anticipated financing and sale transactions with third parties , or the pricing used to value the entity in a recent financing transaction .\nin september 2009 , the fasb issued asu 2009-12 2013 fair value measurements and disclosures ( topic 820 ) 2013 investments in certain entities that calculate net asset value per share ( or its equivalent ) .\nbased on the guidance , we value indirect investments in private equity funds based on net asset value as provided in the financial statements that we receive from their managers .\ndue to the time lag in our receipt of the financial information and based on a review of investments and valuation techniques applied , adjustments to the manager-provided value are made when available recent portfolio company information or market information indicates a significant change in value from that provided by the manager of the fund .\nthese investments are classified as level 3 .\ncustomer resale agreements we account for structured resale agreements , which are economically hedged using free-standing financial derivatives , at fair value .\nthe fair value for structured resale agreements is determined using a model which includes observable market data such as interest rates as inputs .\nreadily observable market inputs to this model can be validated to external sources , including yield curves , implied volatility or other market-related data .\nthese instruments are classified as level 2 .\nblackrock series c preferred stock effective february 27 , 2009 , we elected to account for the approximately 2.9 million shares of the blackrock series c preferred stock received in a stock exchange with blackrock at fair value .\nthe series c preferred stock economically hedges the blackrock ltip liability that is accounted for as a derivative .\nthe fair value of the series c preferred stock is determined using a third-party modeling approach , which includes both observable and unobservable inputs .\nthis approach considers expectations of a default/liquidation event and the use of liquidity discounts based on our inability to sell the security at a fair , open market price in a timely manner .\ndue to the significance of unobservable inputs , this security is classified as level 3 .\nlevel 3 assets and liabilities financial instruments are considered level 3 when their values are determined using pricing models , discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable .\nlevel 3 assets and liabilities dollars in millions level 3 assets level 3 liabilities % (  % ) of total assets at fair value % (  % ) of total liabilities at fair value consolidated assets consolidated liabilities .\n\nTable Data:\n[['dollars in millions', 'total level 3 assets', 'total level 3 liabilities', '% (  % ) of total assets at fair value', '% (  % ) of total liabilities at fair value', '% (  % ) of consolidated assets', '% (  % ) of consolidated liabilities', ''], ['december 31 2009', '$ 14151', '$ 295', '22% ( 22 % )', '6% ( 6 % )', '5% ( 5 % )', '< 1', '% (  % )'], ['december 31 2008', '7012', '22', '19% ( 19 % )', '< 1% ( 1 % )', '2% ( 2 % )', '< 1% ( 1 % )', '']]\n\nFollowing Text:\nduring 2009 , securities transferred into level 3 from level 2 exceeded securities transferred out by $ 4.4 billion .\ntotal securities measured at fair value and classified in level 3 at december 31 , 2009 and december 31 , 2008 included securities available for sale and trading securities consisting primarily of non-agency residential mortgage-backed securities and asset- backed securities where management determined that the volume and level of activity for these assets had significantly decreased .\nthere have been no recent new 201cprivate label 201d issues in the residential mortgage-backed securities market .\nthe lack of relevant market activity for these securities resulted in management modifying its valuation methodology for the instruments transferred in 2009 .\nother level 3 assets include certain commercial mortgage loans held for sale , certain equity securities , auction rate securities , corporate debt securities , private equity investments , residential mortgage servicing rights and other assets. .\n\nQuestion: what was the increase in level 3 assets between december 31 2009 and december 31 2008 , in millions?",
        "solution": "7139"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2013/page_14.pdf\n\nID: ETR/2013/page_14.pdf-1\n\nPrevious Text:\nnet revenue utility following is an analysis of the change in net revenue comparing 2013 to 2012 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2012 net revenue', '$ 4969'], ['retail electric price', '236'], ['louisiana act 55 financing savings obligation', '165'], ['grand gulf recovery', '75'], ['volume/weather', '40'], ['fuel recovery', '35'], ['miso deferral', '12'], ['decommissioning trusts', '-23 ( 23 )'], ['other', '15'], ['2013 net revenue', '$ 5524']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to : 2022 a formula rate plan increase at entergy louisiana , effective january 2013 , which includes an increase relating to the waterford 3 steam generator replacement project , which was placed in service in december 2012 .\nthe net income effect of the formula rate plan increase is limited to a portion representing an allowed return on equity with the remainder offset by costs included in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes ; 2022 the recovery of hinds plant costs through the power management rider at entergy mississippi , as approved by the mpsc , effective with the first billing cycle of 2013 .\nthe net income effect of the hinds plant cost recovery is limited to a portion representing an allowed return on equity on the net plant investment with the remainder offset by the hinds plant costs in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes ; 2022 an increase in the capacity acquisition rider at entergy arkansas , as approved by the apsc , effective with the first billing cycle of december 2012 , relating to the hot spring plant acquisition .\nthe net income effect of the hot spring plant cost recovery is limited to a portion representing an allowed return on equity on the net plant investment with the remainder offset by the hot spring plant costs in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes ; 2022 increases in the energy efficiency rider , as approved by the apsc , effective july 2013 and july 2012 .\nenergy efficiency revenues are offset by costs included in other operation and maintenance expenses and have no effect on net income ; 2022 an annual base rate increase at entergy texas , effective july 2012 , as a result of the puct 2019s order that was issued in september 2012 in the november 2011 rate case ; and 2022 a formula rate plan increase at entergy mississippi , effective september 2013 .\nsee note 2 to the financial statements for a discussion of rate proceedings .\nthe louisiana act 55 financing savings obligation variance results from a regulatory charge recorded in the second quarter 2012 because entergy gulf states louisiana and entergy louisiana agreed to share with customers the savings from an irs settlement related to the uncertain tax position regarding the hurricane katrina and hurricane rita louisiana act 55 financing .\nsee note 3 to the financial statements for additional discussion of the tax settlement .\nentergy corporation and subsidiaries management's financial discussion and analysis .\n\nQuestion: what percentage of the change in net revenue between 2012 and 2013 is due to retail electric price changes?",
        "solution": "43%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_313.pdf\n\nID: ETR/2008/page_313.pdf-1\n\nPrevious Text:\nentergy louisiana , llc management's financial discussion and analysis net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .\nfollowing is an analysis of the change in net revenue comparing 2008 to 2007 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2007 net revenue', '$ 991.1'], ['retail electric price', '-17.1 ( 17.1 )'], ['purchased power capacity', '-12.0 ( 12.0 )'], ['net wholesale revenue', '-7.4 ( 7.4 )'], ['other', '4.6'], ['2008 net revenue', '$ 959.2']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to the cessation of the interim storm recovery through the formula rate plan upon the act 55 financing of storm costs and a credit passed on to customers as a result of the act 55 storm cost financing , partially offset by increases in the formula rate plan effective october 2007 .\nrefer to \"hurricane rita and hurricane katrina\" and \"state and local rate regulation\" below for a discussion of the interim recovery of storm costs , the act 55 storm cost financing , and the formula rate plan filing .\nthe purchased power capacity variance is due to the amortization of deferred capacity costs effective september 2007 as a result of the formula rate plan filing in may 2007 .\npurchased power capacity costs are offset in base revenues due to a base rate increase implemented to recover incremental deferred and ongoing purchased power capacity charges .\nsee \"state and local rate regulation\" below for a discussion of the formula rate plan filing .\nthe net wholesale revenue variance is primarily due to provisions recorded for potential rate refunds related to the treatment of interruptible load in pricing entergy system affiliate sales .\ngross operating revenue and , fuel and purchased power expenses gross operating revenues increased primarily due to an increase of $ 364.7 million in fuel cost recovery revenues due to higher fuel rates offset by decreased usage .\nthe increase was partially offset by a decrease of $ 56.8 million in gross wholesale revenue due to a decrease in system agreement rough production cost equalization credits .\nfuel and purchased power expenses increased primarily due to increases in the average market prices of natural gas and purchased power , partially offset by a decrease in the recovery from customers of deferred fuel costs. .\n\nQuestion: what percent of the change in net revenue between 2007 and 2008 was due to purchased power capacity?",
        "solution": "37.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2015/page_80.pdf\n\nID: UNP/2015/page_80.pdf-3\n\nPrevious Text:\nwe maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry .\nas such , we have no control over activities that could materially impact the fair value of the leased assets .\nwe 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 .\nadditionally , 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 options are not considered to be potentially significant to the vies .\nthe future minimum lease payments associated with the vie leases totaled $ 2.6 billion as of december 31 , 2015 .\n17 .\nleases we lease certain locomotives , freight cars , and other property .\nthe consolidated statements of financial position as of december 31 , 2015 and 2014 included $ 2273 million , net of $ 1189 million of accumulated depreciation , and $ 2454 million , net of $ 1210 million of accumulated depreciation , respectively , for properties held under capital leases .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 , 2015 , were as follows : millions operating leases capital leases .\n\nTable Data:\n[['millions', 'operatingleases', 'capitalleases'], ['2016', '$ 491', '$ 217'], ['2017', '446', '220'], ['2018', '371', '198'], ['2019', '339', '184'], ['2020', '282', '193'], ['later years', '1501', '575'], ['total minimum lease payments', '$ 3430', '$ 1587'], ['amount representing interest', 'n/a', '-319 ( 319 )'], ['present value of minimum lease payments', 'n/a', '$ 1268']]\n\nFollowing Text:\napproximately 95% ( 95 % ) of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 590 million in 2015 , $ 593 million in 2014 , and $ 618 million in 2013 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n18 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity .\nto the extent possible , we have recorded a liability where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated .\nwe 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 .\npersonal 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 .\nwe use an actuarial analysis to measure the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work .\nour personal injury liability is not discounted to present value due to the uncertainty surrounding the timing of future payments .\napproximately 94% ( 94 % ) of the recorded liability is related to asserted claims and .\n\nQuestion: what percentage of total minimum lease payments are operating leases leases?",
        "solution": "68%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HST/2017/page_142.pdf\n\nID: HST/2017/page_142.pdf-2\n\nPrevious Text:\nhost hotels & resorts , inc. , host hotels & resorts , l.p. , and subsidiaries notes to consolidated financial statements 2014 ( continued ) cash paid for income taxes , net of refunds received , was $ 40 million , $ 15 million , and $ 9 million in 2017 , 2016 , and 2015 , respectively .\na reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows ( in millions ) : .\n\nTable Data:\n[['', '2017', '2016'], ['balance at january 1', '$ 11', '$ 11'], ['balance at december 31', '$ 11', '$ 11']]\n\nFollowing Text:\nall of such uncertain tax position amounts , if recognized , would impact our reconciliation between the income tax provision calculated at the statutory u.s .\nfederal income tax rate of 35% ( 35 % ) ( 21% ( 21 % ) beginning with calendar year 2018 ) and the actual income tax provision recorded each year .\nas of december 31 , 2017 , the tax years that remain subject to examination by major tax jurisdictions generally include 2014-2017 .\nthere were no material interest or penalties recorded for the years ended december 31 , 2017 , 2016 , and 2015 .\n7 .\nleases taxable reit subsidiaries leases we lease substantially all of our hotels to a wholly owned subsidiary that qualifies as a taxable reit subsidiary due to federal income tax restrictions on a reit 2019s ability to derive revenue directly from the operation and management of a hotel .\nground leases as of december 31 , 2017 , all or a portion of 26 of our hotels are subject to ground leases , generally with multiple renewal options , all of which are accounted for as operating leases .\nfor lease agreements with scheduled rent increases , we recognize the lease expense ratably over the term of the lease .\ncertain of these leases contain provisions for the payment of contingent rentals based on a percentage of sales in excess of stipulated amounts .\nother lease information we also have leases on facilities used in our former restaurant business , all of which we subsequently subleased .\nthese leases and subleases contain one or more renewal options , generally for five- or ten-year periods .\nthe restaurant leases are accounted for as operating leases .\nour contingent liability related to these leases is $ 9 million as of december 31 , 2017 .\nwe , however , consider the likelihood of any material funding related to these leases to be remote .\nour leasing activity also includes those entered into by our hotels for various types of equipment , such as computer equipment , vehicles and telephone systems .\nequipment leases are accounted for either as operating or capital leases , depending upon the characteristics of the particular lease arrangement .\nequipment leases that are characterized as capital leases are classified as furniture and equipment and are depreciated over the life of the lease .\nthe amortization expense applicable to capitalized leases is included in depreciation expense. .\n\nQuestion: what was the percentage change in cash paid for income taxes , net of refunds received between 2016 and 2017?",
        "solution": "167%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: NCLH/2016/page_84.pdf\n\nID: NCLH/2016/page_84.pdf-2\n\nPrevious Text:\nnew term loan a facility , with the remaining unpaid principal amount of loans under the new term loan a facility due and payable in full at maturity on june 6 , 2021 .\nprincipal amounts outstanding under the new revolving loan facility are due and payable in full at maturity on june 6 , 2021 , subject to earlier repayment pursuant to the springing maturity date described above .\nin addition to paying interest on outstanding principal under the borrowings , we are obligated to pay a quarterly commitment fee at a rate determined by reference to a total leverage ratio , with a maximum commitment fee of 40% ( 40 % ) of the applicable margin for eurocurrency loans .\nin july 2016 , breakaway four , ltd. , as borrower , and nclc , as guarantor , entered into a supplemental agreement , which amended the breakaway four loan to , among other things , increase the aggregate principal amount of commitments under the multi-draw term loan credit facility from 20ac590.5 million to 20ac729.9 million .\nin june 2016 , we took delivery of seven seas explorer .\nto finance the payment due upon delivery , we had export credit financing in place for 80% ( 80 % ) of the contract price .\nthe associated $ 373.6 million term loan bears interest at 3.43% ( 3.43 % ) with a maturity date of june 30 , 2028 .\nprincipal and interest payments shall be paid semiannually .\nin december 2016 , nclc issued $ 700.0 million aggregate principal amount of 4.750% ( 4.750 % ) senior unsecured notes due december 2021 ( the 201cnotes 201d ) in a private offering ( the 201coffering 201d ) at par .\nnclc used the net proceeds from the offering , after deducting the initial purchasers 2019 discount and estimated fees and expenses , together with cash on hand , to purchase its outstanding 5.25% ( 5.25 % ) senior notes due 2019 having an aggregate outstanding principal amount of $ 680 million .\nthe redemption of the 5.25% ( 5.25 % ) senior notes due 2019 was completed in january 2017 .\nnclc will pay interest on the notes at 4.750% ( 4.750 % ) per annum , semiannually on june 15 and december 15 of each year , commencing on june 15 , 2017 , to holders of record at the close of business on the immediately preceding june 1 and december 1 , respectively .\nnclc may redeem the notes , in whole or part , at any time prior to december 15 , 2018 , at a price equal to 100% ( 100 % ) of the principal amount of the notes redeemed plus accrued and unpaid interest to , but not including , the redemption date and a 201cmake-whole premium . 201d nclc may redeem the notes , in whole or in part , on or after december 15 , 2018 , at the redemption prices set forth in the indenture governing the notes .\nat any time ( which may be more than once ) on or prior to december 15 , 2018 , nclc may choose to redeem up to 40% ( 40 % ) of the aggregate principal amount of the notes at a redemption price equal to 104.750% ( 104.750 % ) of the face amount thereof with an amount equal to the net proceeds of one or more equity offerings , so long as at least 60% ( 60 % ) of the aggregate principal amount of the notes issued remains outstanding following such redemption .\nthe indenture governing the notes contains covenants that limit nclc 2019s ability ( and its restricted subsidiaries 2019 ability ) to , among other things : ( i ) incur or guarantee additional indebtedness or issue certain preferred shares ; ( ii ) pay dividends and make certain other restricted payments ; ( iii ) create restrictions on the payment of dividends or other distributions to nclc from its restricted subsidiaries ; ( iv ) create liens on certain assets to secure debt ; ( v ) make certain investments ; ( vi ) engage in transactions with affiliates ; ( vii ) engage in sales of assets and subsidiary stock ; and ( viii ) transfer all or substantially all of its assets or enter into merger or consolidation transactions .\nthe indenture governing the notes also provides for events of default , which , if any of them occurs , would permit or require the principal , premium ( if any ) , interest and other monetary obligations on all of the then-outstanding notes to become due and payable immediately .\ninterest expense , net for the year ended december 31 , 2016 was $ 276.9 million which included $ 34.7 million of amortization of deferred financing fees and a $ 27.7 million loss on extinguishment of debt .\ninterest expense , net for the year ended december 31 , 2015 was $ 221.9 million which included $ 36.7 million of amortization of deferred financing fees and a $ 12.7 million loss on extinguishment of debt .\ninterest expense , net for the year ended december 31 , 2014 was $ 151.8 million which included $ 32.3 million of amortization of deferred financing fees and $ 15.4 million of expenses related to financing transactions in connection with the acquisition of prestige .\ncertain of our debt agreements contain covenants that , among other things , require us to maintain a minimum level of liquidity , as well as limit our net funded debt-to-capital ratio , maintain certain other ratios and restrict our ability to pay dividends .\nsubstantially all of our ships and other property and equipment are pledged as collateral for certain of our debt .\nwe believe we were in compliance with these covenants as of december 31 , 2016 .\nthe following are scheduled principal repayments on long-term debt including capital lease obligations as of december 31 , 2016 for each of the next five years ( in thousands ) : .\n\nTable Data:\n[['year', 'amount'], ['2017', '$ 560193'], ['2018', '554846'], ['2019', '561687'], ['2020', '1153733'], ['2021', '2193823'], ['thereafter', '1490322'], ['total', '$ 6514604']]\n\nFollowing Text:\nwe had an accrued interest liability of $ 32.5 million and $ 34.2 million as of december 31 , 2016 and 2015 , respectively. .\n\nQuestion: what is the percentage change in interest expense-net , from 2015 to 2016?",
        "solution": "24.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2018/page_134.pdf\n\nID: GS/2018/page_134.pdf-3\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries notes to consolidated financial statements the table below presents a summary of level 3 financial assets. .\n\nTable Data:\n[['$ in millions', 'as of december 2018', 'as of december 2017'], ['cash instruments', '$ 17227', '$ 15395'], ['derivatives', '4948', '3802'], ['other financial assets', '6', '4'], ['total', '$ 22181', '$ 19201']]\n\nFollowing Text:\nlevel 3 financial assets as of december 2018 increased compared with december 2017 , primarily reflecting an increase in level 3 cash instruments .\nsee notes 6 through 8 for further information about level 3 financial assets ( including information about unrealized gains and losses related to level 3 financial assets and financial liabilities , and transfers in and out of level 3 ) .\nnote 6 .\ncash instruments cash instruments include u.s .\ngovernment and agency obligations , non-u.s .\ngovernment and agency obligations , mortgage-backed loans and securities , corporate debt instruments , equity securities , investments in funds at nav , and other non-derivative financial instruments owned and financial instruments sold , but not yet purchased .\nsee below for the types of cash instruments included in each level of the fair value hierarchy and the valuation techniques and significant inputs used to determine their fair values .\nsee note 5 for an overview of the firm 2019s fair value measurement policies .\nlevel 1 cash instruments level 1 cash instruments include certain money market instruments , u.s .\ngovernment obligations , most non-u.s .\ngovernment obligations , certain government agency obligations , certain corporate debt instruments and actively traded listed equities .\nthese instruments are valued using quoted prices for identical unrestricted instruments in active markets .\nthe firm defines active markets for equity instruments based on the average daily trading volume both in absolute terms and relative to the market capitalization for the instrument .\nthe firm defines active markets for debt instruments based on both the average daily trading volume and the number of days with trading activity .\nlevel 2 cash instruments level 2 cash instruments include most money market instruments , most government agency obligations , certain non-u.s .\ngovernment obligations , most mortgage-backed loans and securities , most corporate debt instruments , most state and municipal obligations , most other debt obligations , restricted or less liquid listed equities , commodities and certain lending commitments .\nvaluations of level 2 cash instruments can be verified to quoted prices , recent trading activity for identical or similar instruments , broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency .\nconsideration is given to the nature of the quotations ( e.g. , indicative or firm ) and the relationship of recent market activity to the prices provided from alternative pricing sources .\nvaluation adjustments are typically made to level 2 cash instruments ( i ) if the cash instrument is subject to transfer restrictions and/or ( ii ) for other premiums and liquidity discounts that a market participant would require to arrive at fair value .\nvaluation adjustments are generally based on market evidence .\nlevel 3 cash instruments level 3 cash instruments have one or more significant valuation inputs that are not observable .\nabsent evidence to the contrary , level 3 cash instruments are initially valued at transaction price , which is considered to be the best initial estimate of fair value .\nsubsequently , the firm uses other methodologies to determine fair value , which vary based on the type of instrument .\nvaluation inputs and assumptions are changed when corroborated by substantive observable evidence , including values realized on sales .\nvaluation techniques and significant inputs of level 3 cash instruments valuation techniques of level 3 cash instruments vary by instrument , but are generally based on discounted cash flow techniques .\nthe valuation techniques and the nature of significant inputs used to determine the fair values of each type of level 3 cash instrument are described below : loans and securities backed by commercial real estate .\nloans and securities backed by commercial real estate are directly or indirectly collateralized by a single commercial real estate property or a portfolio of properties , and may include tranches of varying levels of subordination .\nsignificant inputs are generally determined based on relative value analyses and include : 2030 market yields implied by transactions of similar or related assets and/or current levels and changes in market indices such as the cmbx ( an index that tracks the performance of commercial mortgage bonds ) ; 118 goldman sachs 2018 form 10-k .\n\nQuestion: what is the percentage change in total financial assets from 2017 to 2018?",
        "solution": "15.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TROW/2009/page_24.pdf\n\nID: TROW/2009/page_24.pdf-1\n\nPrevious Text:\nadministrative fees , which increased $ 5.8 million to $ 353.9 million , are generally offset by related operating expenses that are incurred to provide services to the funds and their investors .\nour largest expense , compensation and related costs , increased $ 18.4 million or 2.3% ( 2.3 % ) from 2007 .\nthis increase includes $ 37.2 million in salaries resulting from an 8.4% ( 8.4 % ) increase in our average staff count and an increase of our associates 2019 base salaries at the beginning of the year .\nat december 31 , 2008 , we employed 5385 associates , up 6.0% ( 6.0 % ) from the end of 2007 , primarily to add capabilities and support increased volume-related activities and other growth over the past few years .\nover the course of 2008 , we slowed the growth of our associate base from earlier plans and the prior year .\nwe also reduced our annual bonuses $ 27.6 million versus the 2007 year in response to unfavorable financial market conditions that negatively impacted our operating results .\nthe balance of the increase is attributable to higher employee benefits and employment-related expenses , including an increase of $ 5.7 million in stock-based compensation .\nafter higher spending during the first quarter of 2008 versus 2007 , investor sentiment in the uncertain and volatile market environment caused us to reduce advertising and promotion spending , which for the year was down $ 3.8 million from 2007 .\noccupancy and facility costs together with depreciation expense increased $ 18 million , or 12% ( 12 % ) compared to 2007 .\nwe expanded and renovated our facilities in 2008 to accommodate the growth in our associates to meet business demands .\nother operating expenses were up $ 3.3 million from 2007 .\nwe increased our spending $ 9.8 million , primarily for professional fees and information and other third-party services .\nreductions in travel and charitable contributions partially offset these increases .\nour non-operating investment activity resulted in a net loss of $ 52.3 million in 2008 as compared to a net gain of $ 80.4 million in 2007 .\nthis change of $ 132.7 million is primarily attributable to losses recognized in 2008 on our investments in sponsored mutual funds , which resulted from declines in financial market values during the year. .\n\nTable Data:\n[['', '2007', '2008', 'change'], ['capital gain distributions received', '$ 22.1', '$ 5.6', '$ -16.5 ( 16.5 )'], ['other than temporary impairments recognized', '-.3 ( .3 )', '-91.3 ( 91.3 )', '-91.0 ( 91.0 )'], ['net gains ( losses ) realized onfund dispositions', '5.5', '-4.5 ( 4.5 )', '-10.0 ( 10.0 )'], ['net gain ( loss ) recognized on fund holdings', '$ 27.3', '$ -90.2 ( 90.2 )', '$ -117.5 ( 117.5 )']]\n\nFollowing Text:\nwe recognized other than temporary impairments of our investments in sponsored mutual funds because of declines in fair value below cost for an extended period .\nthe significant declines in fair value below cost that occurred in 2008 were generally attributable to adverse market conditions .\nin addition , income from money market and bond fund holdings was $ 19.3 million lower than in 2007 due to the significantly lower interest rate environment of 2008 .\nlower interest rates also led to substantial capital appreciation on our $ 40 million holding of u.s .\ntreasury notes that we sold in december 2008 at a $ 2.6 million gain .\nthe 2008 provision for income taxes as a percentage of pretax income is 38.4% ( 38.4 % ) , up from 37.7% ( 37.7 % ) in 2007 , primarily to reflect changes in state income tax rates and regulations and certain adjustments made prospectively based on our annual income tax return filings for 2007 .\nc a p i t a l r e s o u r c e s a n d l i q u i d i t y .\nduring 2009 , stockholders 2019 equity increased from $ 2.5 billion to $ 2.9 billion .\nwe repurchased nearly 2.3 million common shares for $ 67 million in 2009 .\ntangible book value is $ 2.2 billion at december 31 , 2009 , and our cash and cash equivalents and our mutual fund investment holdings total $ 1.4 billion .\ngiven the availability of these financial resources , we do not maintain an available external source of liquidity .\non january 20 , 2010 , we purchased a 26% ( 26 % ) equity interest in uti asset management company and an affiliate for $ 142.4 million .\nwe funded the acquisition from our cash holdings .\nin addition to the pending uti acquisition , we had outstanding commitments to fund other investments totaling $ 35.4 million at december 31 , 2009 .\nwe presently anticipate funding 2010 property and equipment expenditures of about $ 150 million from our cash balances and operating cash inflows .\n22 t .\nrowe price group annual report 2009 .\n\nQuestion: what were the total occupancy and facility costs in 2007 , in millions of dollars?",
        "solution": "150"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2015/page_50.pdf\n\nID: AMT/2015/page_50.pdf-1\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our common stock on the nyse for the years 2015 and 2014. .\n\nTable Data:\n[['2015', 'high', 'low'], ['quarter ended march 31', '$ 101.88', '$ 93.21'], ['quarter ended june 30', '98.64', '91.99'], ['quarter ended september 30', '101.54', '86.83'], ['quarter ended december 31', '104.12', '87.23'], ['2014', 'high', 'low'], ['quarter ended march 31', '$ 84.90', '$ 78.38'], ['quarter ended june 30', '90.73', '80.10'], ['quarter ended september 30', '99.90', '89.05'], ['quarter ended december 31', '106.31', '90.20']]\n\nFollowing Text:\non february 19 , 2016 , the closing price of our common stock was $ 87.32 per share as reported on the nyse .\nas of february 19 , 2016 , we had 423897556 outstanding shares of common stock and 159 registered holders .\ndividends as a reit , we must annually distribute to our stockholders an amount equal to at least 90% ( 90 % ) of our reit taxable income ( determined before the deduction for distributed earnings and excluding any net capital gain ) .\ngenerally , we have distributed and expect to continue to distribute all or substantially all of our reit taxable income after taking into consideration our utilization of net operating losses ( 201cnols 201d ) .\nwe have two series of preferred stock outstanding , 5.25% ( 5.25 % ) mandatory convertible preferred stock , series a , issued in may 2014 ( the 201cseries a preferred stock 201d ) , with a dividend rate of 5.25% ( 5.25 % ) , and the 5.50% ( 5.50 % ) mandatory convertible preferred stock , series b ( the 201cseries b preferred stock 201d ) , issued in march 2015 , with a dividend rate of 5.50% ( 5.50 % ) .\ndividends are payable quarterly in arrears , subject to declaration by our board of directors .\nthe amount , timing and frequency of future distributions will be at the sole discretion of our board of directors and will be dependent upon various factors , a number of which may be beyond our control , including our financial condition and operating cash flows , the amount required to maintain our qualification for taxation as a reit and reduce any income and excise taxes that we otherwise would be required to pay , limitations on distributions in our existing and future debt and preferred equity instruments , our ability to utilize nols to offset our distribution requirements , limitations on our ability to fund distributions using cash generated through our trss and other factors that our board of directors may deem relevant .\nwe have distributed an aggregate of approximately $ 2.3 billion to our common stockholders , including the dividend paid in january 2016 , primarily subject to taxation as ordinary income .\nduring the year ended december 31 , 2015 , we declared the following cash distributions: .\n\nQuestion: what is the growth rate in the price of shares from the highest value during the quarter ended december 31 , 2015 and the closing price on february 19 , 2016?",
        "solution": "-16.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2012/page_73.pdf\n\nID: CME/2012/page_73.pdf-3\n\nPrevious Text:\nsubject to fluctuation and , consequently , the amount realized in the subsequent sale of an investment may differ significantly from its current reported value .\nfluctuations in the market price of a security may result from perceived changes in the underlying economic characteristics of the issuer , the relative price of alternative investments and general market conditions .\nthe table below summarizes equity investments that are subject to equity price fluctuations at december 31 , 2012 .\nequity investments are included in other assets in our consolidated balance sheets .\n( in millions ) carrying unrealized net of tax .\n\nTable Data:\n[['( in millions )', 'costbasis', 'fairvalue', 'carryingvalue', 'unrealizedgainnet of tax'], ['bm&fbovespa s.a .', '$ 262.9', '$ 690.6', '$ 690.6', '$ 271.4'], ['bolsa mexicana de valores s.a.b . de c.v .', '17.3', '29.3', '29.3', '7.6'], ['imarex asa', '2014', '1.8', '1.8', '1.1']]\n\nFollowing Text:\nwe do not currently hedge against equity price risk .\nequity investments are assessed for other-than- temporary impairment on a quarterly basis. .\n\nQuestion: what is the unrealized gain pre-tex for bm&fbovespa?",
        "solution": "427.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAS/2013/page_27.pdf\n\nID: MAS/2013/page_27.pdf-3\n\nPrevious Text:\n6feb201418202649 performance graph the table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor 2019s 500 composite stock index ( 2018 2018s&p 500 index 2019 2019 ) , ( ii ) the standard & poor 2019s industrials index ( 2018 2018s&p industrials index 2019 2019 ) and ( iii ) the standard & poor 2019s consumer durables & apparel index ( 2018 2018s&p consumer durables & apparel index 2019 2019 ) , from december 31 , 2008 through december 31 , 2013 , when the closing price of our common stock was $ 22.77 .\nthe graph assumes investments of $ 100 on december 31 , 2008 in our common stock and in each of the three indices and the reinvestment of dividends .\n$ 350.00 $ 300.00 $ 250.00 $ 200.00 $ 150.00 $ 100.00 $ 50.00 performance graph .\n\nTable Data:\n[['', '2009', '2010', '2011', '2012', '2013'], ['masco', '$ 128.21', '$ 120.32', '$ 102.45', '$ 165.80', '$ 229.59'], ['s&p 500 index', '$ 125.92', '$ 144.58', '$ 147.60', '$ 171.04', '$ 225.85'], ['s&p industrials index', '$ 120.19', '$ 151.89', '$ 150.97', '$ 173.87', '$ 243.73'], ['s&p consumer durables & apparel index', '$ 136.29', '$ 177.91', '$ 191.64', '$ 232.84', '$ 316.28']]\n\nFollowing Text:\nin july 2007 , our board of directors authorized the purchase of up to 50 million shares of our common stock in open-market transactions or otherwise .\nat december 31 , 2013 , we had remaining authorization to repurchase up to 22.6 million shares .\nduring the first quarter of 2013 , we repurchased and retired 1.7 million shares of our common stock , for cash aggregating $ 35 million to offset the dilutive impact of the 2013 grant of 1.7 million shares of long-term stock awards .\nwe have not purchased any shares since march 2013. .\n\nQuestion: what was the difference in percentage cumulative total shareholder return on masco common stock versus the s&p 500 index for the five year period ended 2013?",
        "solution": "3.74%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2015/page_44.pdf\n\nID: IP/2015/page_44.pdf-1\n\nPrevious Text:\ncompared with $ 6.2 billion in 2013 .\noperating profits in 2015 were significantly higher than in both 2014 and 2013 .\nexcluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .\nbenefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .\nin addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .\nduring 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .\nthe net book value of these assets at december 31 , 2013 was approximately $ 470 million .\nin the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .\nwe recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .\noperating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .\nprinting papers .\n\nTable Data:\n[['in millions', '2015', '2014', '2013'], ['sales', '$ 5031', '$ 5720', '$ 6205'], ['operating profit ( loss )', '533', '-16 ( 16 )', '271']]\n\nFollowing Text:\nnorth american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .\noperating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .\nsales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .\nshipments to the domestic market increased , but export shipments declined .\naverage sales price realizations decreased , primarily in the domestic market .\ninput costs were lower , mainly for energy .\nplanned maintenance downtime costs were $ 12 million higher in 2015 .\noperating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .\nentering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .\naverage sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .\ninput costs are expected to be stable .\nplanned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .\nin january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .\nh .\nglatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .\nthe petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .\nin january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .\nalso , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .\nin february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .\nmarket had been injured by imports of the products .\naccordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .\nwe do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .\nbrazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .\noperating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .\nsales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .\naverage sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .\nmargins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .\nraw material costs increased for energy and wood .\noperating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .\n\nQuestion: what percentage of printing paper sales where north american printing papers net sales 2015?",
        "solution": "38%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2015/page_117.pdf\n\nID: AWK/2015/page_117.pdf-2\n\nPrevious Text:\nduring 2012 , the company granted selected employees an aggregate of 139 thousand rsus with internal performance measures and , separately , certain market thresholds .\nthese awards vested in january 2015 .\nthe terms of the grants specified that to the extent certain performance goals , comprised of internal measures and , separately , market thresholds were achieved , the rsus would vest ; if performance goals were surpassed , up to 175% ( 175 % ) of the target awards would be distributed ; and if performance goals were not met , the awards would be forfeited .\nin january 2015 , an additional 93 thousand rsus were granted and distributed because performance thresholds were exceeded .\nin 2015 , 2014 and 2013 , the company granted rsus , both with and without performance conditions , to certain employees under the 2007 plan .\nthe rsus without performance conditions vest ratably over the three- year service period beginning january 1 of the year of the grant and the rsus with performance conditions vest ratably over the three-year performance period beginning january 1 of the year of the grant ( the 201cperformance period 201d ) .\ndistribution of the performance shares is contingent upon the achievement of internal performance measures and , separately , certain market thresholds over the performance period .\nduring 2015 , 2014 and 2013 , the company granted rsus to non-employee directors under the 2007 plan .\nthe rsus vested on the date of grant ; however , distribution of the shares will be made within 30 days of the earlier of : ( i ) 15 months after grant date , subject to any deferral election by the director ; or ( ii ) the participant 2019s separation from service .\nbecause these rsus vested on the grant date , the total grant date fair value was recorded in operation and maintenance expense included in the expense table above on the grant date .\nrsus generally vest over periods ranging from one to three years .\nrsus granted with service-only conditions and those with internal performance measures are valued at the market value of the closing price of the company 2019s common stock on the date of grant .\nrsus granted with market conditions are valued using a monte carlo model .\nexpected volatility is based on historical volatilities of traded common stock of the company and comparative companies using daily stock prices over the past three years .\nthe expected term is three years and the risk-free interest rate is based on the three-year u.s .\ntreasury rate in effect as of the measurement date .\nthe following table presents the weighted-average assumptions used in the monte carlo simulation and the weighted-average grant date fair values of rsus granted for the years ended december 31: .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['expected volatility', '14.93% ( 14.93 % )', '17.78% ( 17.78 % )', '19.37% ( 19.37 % )'], ['risk-free interest rate', '1.07% ( 1.07 % )', '0.75% ( 0.75 % )', '0.40% ( 0.40 % )'], ['expected life ( years )', '3.0', '3.0', '3.0'], ['grant date fair value per share', '$ 62.10', '$ 45.45', '$ 40.13']]\n\nFollowing Text:\nthe grant date fair value of restricted stock awards that vest ratably and have market and/or performance and service conditions are amortized through expense over the requisite service period using the graded-vesting method .\nrsus that have no performance conditions are amortized through expense over the requisite service period using the straight-line method and are included in operations expense in the accompanying consolidated statements of operations .\nas of december 31 , 2015 , $ 4 of total unrecognized compensation cost related to the nonvested restricted stock units is expected to be recognized over the weighted-average remaining life of 1.4 years .\nthe total grant date fair value of rsus vested was $ 12 , $ 11 and $ 9 for the years ended december 31 , 2015 , 2014 and 2013. .\n\nQuestion: by what percentage did grant date fair value per share increase from 2014 to 2015?",
        "solution": "36.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KMI/2014/page_114.pdf\n\nID: KMI/2014/page_114.pdf-1\n\nPrevious Text:\nmaturities of debt the scheduled maturities of the outstanding debt balances , excluding debt fair value adjustments as of december 31 , 2014 , are summarized as follows ( in millions ) : .\n\nTable Data:\n[['year', 'total'], ['2015', '$ 2717'], ['2016', '1684'], ['2017', '3059'], ['2018', '2328'], ['2019', '2819'], ['thereafter', '28422'], ['total', '$ 41029']]\n\nFollowing Text:\n_______ interest rates , interest rate swaps and contingent debt the weighted average interest rate on all of our borrowings was 5.02% ( 5.02 % ) during 2014 and 5.08% ( 5.08 % ) during 2013 .\ninformation on our interest rate swaps is contained in note 13 .\nfor information about our contingent debt agreements , see note 12 .\nsubsequent event subsequent to december 31 , 2014 , additional ep trust i preferred securities were converted , primarily consisting of 969117 ep trust i preferred securities converted on january 14 , 2015 , into ( i ) 697473 of our class p common stock ; ( ii ) approximately $ 24 million in cash ; and ( iii ) 1066028 in warrants .\n9 .\nshare-based compensation and employee benefits share-based compensation kinder morgan , inc .\nclass p shares stock compensation plan for non-employee directors we have a stock compensation plan for non-employee directors , in which our eligible non-employee directors participate .\nthe plan recognizes that the compensation paid to each eligible non-employee director is fixed by our board , generally annually , and that the compensation is payable in cash .\npursuant to the plan , in lieu of receiving some or all of the cash compensation , each eligible non-employee director may elect to receive shares of class p common stock .\neach election will be generally at or around the first board meeting in january of each calendar year and will be effective for the entire calendar year .\nan eligible director may make a new election each calendar year .\nthe total number of shares of class p common stock authorized under the plan is 250000 .\nduring 2014 , 2013 and 2012 , we made restricted class p common stock grants to our non-employee directors of 6210 , 5710 and 5520 , respectively .\nthese grants were valued at time of issuance at $ 220000 , $ 210000 and $ 185000 , respectively .\nall of the restricted stock grants made to non-employee directors vest during a six-month period .\ntable of contents .\n\nQuestion: what percentage of total maturities of debt come due after 2019?",
        "solution": "69%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_25.pdf\n\nID: UNP/2009/page_25.pdf-1\n\nPrevious Text:\n2022 asset utilization 2013 in response to economic conditions and lower revenue in 2009 , we implemented productivity initiatives to improve efficiency and reduce costs , in addition to adjusting our resources to reflect lower demand .\nalthough varying throughout the year , our resource reductions included removing from service approximately 26% ( 26 % ) of our road locomotives and 18% ( 18 % ) of our freight car inventory by year end .\nwe also reduced shift levels at most rail facilities and closed or significantly reduced operations in 30 of our 114 principal rail yards .\nthese demand-driven resource adjustments and our productivity initiatives combined to reduce our workforce by 10% ( 10 % ) .\n2022 fuel prices 2013 as the economy worsened during the third and fourth quarters of 2008 , fuel prices dropped dramatically , reaching $ 33.87 per barrel in december 2008 , a near five-year low .\nthroughout 2009 , crude oil prices generally increased , ending the year around $ 80 per barrel .\noverall , our average fuel price decreased by 44% ( 44 % ) in 2009 , reducing operating expenses by $ 1.3 billion compared to 2008 .\nwe also reduced our consumption rate by 4% ( 4 % ) during the year , saving approximately 40 million gallons of fuel .\nthe use of newer , more fuel efficient locomotives ; increased use of distributed locomotive power ; fuel conservation programs ; and improved network operations and asset utilization all contributed to this improvement .\n2022 free cash flow 2013 cash generated by operating activities totaled $ 3.2 billion , yielding free cash flow of $ 515 million in 2009 .\nfree cash flow is defined as cash provided by operating activities , less cash used in investing activities and dividends paid .\nfree cash flow is not considered a financial measure under accounting principles generally accepted in the united states ( gaap ) by sec regulation g and item 10 of sec regulation s-k .\nwe believe free cash flow is important in evaluating our financial performance and measures our ability to generate cash without additional external financings .\nfree cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities .\nthe following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : millions of dollars 2009 2008 2007 .\n\nTable Data:\n[['millions of dollars', '2009', '2008', '2007'], ['cash provided by operating activities', '$ 3234', '$ 4070', '$ 3277'], ['cash used in investing activities', '-2175 ( 2175 )', '-2764 ( 2764 )', '-2426 ( 2426 )'], ['dividends paid', '-544 ( 544 )', '-481 ( 481 )', '-364 ( 364 )'], ['free cash flow', '$ 515', '$ 825', '$ 487']]\n\nFollowing Text:\n2010 outlook 2022 safety 2013 operating a safe railroad benefits our employees , our customers , our shareholders , and the public .\nwe will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , quality control , and training , and by engaging our employees .\nwe will continue implementing total safety culture ( tsc ) throughout our operations .\ntsc is designed to establish , maintain , reinforce , and promote safe practices among co-workers .\nthis process allows us to identify and implement best practices for employee and operational safety .\nreducing grade-crossing incidents is a critical aspect of our safety programs , and we will continue our efforts to maintain , upgrade , and close crossings ; install video cameras on locomotives ; and educate the public about crossing safety through our own programs , various industry programs , and other activities .\n2022 transportation plan 2013 to build upon our success in recent years , we will continue evaluating traffic flows and network logistic patterns , which can be quite dynamic from year-to-year , to identify additional opportunities to simplify operations , remove network variability and improve network efficiency and asset utilization .\nwe plan to adjust manpower and our locomotive and rail car fleets to .\n\nQuestion: what percent of free cash flow was distributed to shareholders in 2009?",
        "solution": "106%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2018/page_85.pdf\n\nID: GPN/2018/page_85.pdf-1\n\nPrevious Text:\nmaturity requirements on long-term debt as of december 31 , 2018 by year are as follows ( in thousands ) : years ending december 31 .\n\nTable Data:\n[['2019', '$ 124176'], ['2020', '159979'], ['2021', '195848'], ['2022', '267587'], ['2023', '3945053'], ['2024 and thereafter', '475000'], ['total', '$ 5167643']]\n\nFollowing Text:\ncredit facility we are party to a credit facility agreement with bank of america , n.a. , as administrative agent , and a syndicate of financial institutions as lenders and other agents ( as amended from time to time , the 201ccredit facility 201d ) .\nas of december 31 , 2018 , the credit facility provided for secured financing comprised of ( i ) a $ 1.5 billion revolving credit facility ( the 201crevolving credit facility 201d ) ; ( ii ) a $ 1.5 billion term loan ( the 201cterm a loan 201d ) , ( iii ) a $ 1.37 billion term loan ( the 201cterm a-2 loan 201d ) , ( iv ) a $ 1.14 billion term loan facility ( the 201cterm b-2 loan 201d ) and ( v ) a $ 500 million term loan ( the 201cterm b-4 loan 201d ) .\nsubstantially all of the assets of our domestic subsidiaries are pledged as collateral under the credit facility .\nthe borrowings outstanding under our credit facility as of december 31 , 2018 reflect amounts borrowed for acquisitions and other activities we completed in 2018 , including a reduction to the interest rate margins applicable to our term a loan , term a-2 loan , term b-2 loan and the revolving credit facility , an extension of the maturity dates of the term a loan , term a-2 loan and the revolving credit facility , and an increase in the total financing capacity under the credit facility to approximately $ 5.5 billion in june 2018 .\nin october 2018 , we entered into an additional term loan under the credit facility in the amount of $ 500 million ( the 201cterm b-4 loan 201d ) .\nwe used the proceeds from the term b-4 loan to pay down a portion of the balance outstanding under our revolving credit facility .\nthe credit facility provides for an interest rate , at our election , of either libor or a base rate , in each case plus a margin .\nas of december 31 , 2018 , the interest rates on the term a loan , the term a-2 loan , the term b-2 loan and the term b-4 loan were 4.02% ( 4.02 % ) , 4.01% ( 4.01 % ) , 4.27% ( 4.27 % ) and 4.27% ( 4.27 % ) , respectively , and the interest rate on the revolving credit facility was 3.92% ( 3.92 % ) .\nin addition , we are required to pay a quarterly commitment fee with respect to the unused portion of the revolving credit facility at an applicable rate per annum ranging from 0.20% ( 0.20 % ) to 0.30% ( 0.30 % ) depending on our leverage ratio .\nthe term a loan and the term a-2 loan mature , and the revolving credit facility expires , on january 20 , 2023 .\nthe term b-2 loan matures on april 22 , 2023 .\nthe term b-4 loan matures on october 18 , 2025 .\nthe term a loan and term a-2 loan principal amounts must each be repaid in quarterly installments in the amount of 0.625% ( 0.625 % ) of principal through june 2019 , increasing to 1.25% ( 1.25 % ) of principal through june 2021 , increasing to 1.875% ( 1.875 % ) of principal through june 2022 and increasing to 2.50% ( 2.50 % ) of principal through december 2022 , with the remaining principal balance due upon maturity in january 2023 .\nthe term b-2 loan principal must be repaid in quarterly installments in the amount of 0.25% ( 0.25 % ) of principal through march 2023 , with the remaining principal balance due upon maturity in april 2023 .\nthe term b-4 loan principal must be repaid in quarterly installments in the amount of 0.25% ( 0.25 % ) of principal through september 2025 , with the remaining principal balance due upon maturity in october 2025 .\nwe may issue standby letters of credit of up to $ 100 million in the aggregate under the revolving credit facility .\noutstanding letters of credit under the revolving credit facility reduce the amount of borrowings available to us .\nborrowings available to us under the revolving credit facility are further limited by the covenants described below under 201ccompliance with covenants . 201d the total available commitments under the revolving credit facility at december 31 , 2018 were $ 783.6 million .\nglobal payments inc .\n| 2018 form 10-k annual report 2013 85 .\n\nQuestion: how much did the annual payments increase from 2019 to 2024 and beyond?",
        "solution": "350824 thousand"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2014/page_7.pdf\n\nID: AWK/2014/page_7.pdf-1\n\nPrevious Text:\npart i item 1 .\nbusiness our company founded in 1886 , american water works company , inc. , ( the 201ccompany , 201d 201camerican water 201d or 201caww 201d ) is a delaware holding company .\namerican water is the most geographically diversified , as well as the largest publicly-traded , united states water and wastewater utility company , as measured by both operating revenues and population served .\nas a holding company , we conduct substantially all of our business operations through our subsidiaries .\nour approximately 6400 employees provide an estimated 15 million people with drinking water , wastewater and/or other water-related services in 47 states and one canadian province .\noperating segments we report our results of operations in two operating segments : the regulated businesses and the market- based operations .\nadditional information with respect to our operating segment results is included in the section entitled 201citem 7 2014management 2019s discussion and analysis of financial condition and results of operations , 201d and note 18 of the consolidated financial statements .\nregulated businesses our primary business involves the ownership of subsidiaries that provide water and wastewater utility services to residential , commercial , industrial and other customers , including sale for resale and public authority customers .\nwe report the results of this business in our regulated businesses segment .\nour subsidiaries that provide these services are generally subject to economic regulation by certain state commissions or other entities engaged in economic regulation , hereafter referred to as public utility commissions , or 201cpucs , 201d of the states in which we operate .\nthe federal and state governments also regulate environmental , health and safety , and water quality matters .\nour regulated businesses segment operating revenues were $ 2674.3 million for 2014 , $ 2539.9 for 2013 , $ 2564.4 million for 2012 , accounting for 88.8% ( 88.8 % ) , 90.1% ( 90.1 % ) and 89.9% ( 89.9 % ) , respectively , of total operating revenues for the same periods .\nthe following table sets forth our regulated businesses operating revenues , number of customers and an estimate of population served as of december 31 , 2014 : operating revenues ( in millions ) % (  % ) of total number of customers % (  % ) of total estimated population served ( in millions ) % (  % ) of total .\n\nTable Data:\n[['new jersey', 'operatingrevenues ( in millions ) $ 652.3', '% (  % ) of total 24.5% ( 24.5 % )', 'number ofcustomers 648066', '% (  % ) of total 20.2% ( 20.2 % )', 'estimatedpopulationserved ( in millions ) 2.7', '% (  % ) of total 22.7% ( 22.7 % )'], ['pennsylvania', '605.4', '22.6% ( 22.6 % )', '666415', '20.7% ( 20.7 % )', '2.2', '18.5% ( 18.5 % )'], ['missouri', '270.2', '10.1% ( 10.1 % )', '464498', '14.4% ( 14.4 % )', '1.5', '12.7% ( 12.7 % )'], ['illinois ( a )', '262.3', '9.8% ( 9.8 % )', '312017', '9.7% ( 9.7 % )', '1.3', '10.9% ( 10.9 % )'], ['california', '209.8', '7.8% ( 7.8 % )', '174198', '5.4% ( 5.4 % )', '0.6', '5.0% ( 5.0 % )'], ['indiana', '200.6', '7.5% ( 7.5 % )', '293666', '9.1% ( 9.1 % )', '1.2', '10.1% ( 10.1 % )'], ['west virginia ( b )', '127.0', '4.7% ( 4.7 % )', '170371', '5.3% ( 5.3 % )', '0.6', '5.0% ( 5.0 % )'], ['subtotal ( top seven states )', '2327.6', '87.0% ( 87.0 % )', '2729231', '84.8% ( 84.8 % )', '10.1', '84.9% ( 84.9 % )'], ['other ( c )', '346.7', '13.0% ( 13.0 % )', '489961', '15.2% ( 15.2 % )', '1.8', '15.1% ( 15.1 % )'], ['total regulated businesses', '$ 2674.3', '100.0% ( 100.0 % )', '3219192', '100.0% ( 100.0 % )', '11.9', '100.0% ( 100.0 % )']]\n\nFollowing Text:\n( a ) includes illinois-american water company , which we refer to as ilawc and american lake water company , also a regulated subsidiary in illinois. .\n\nQuestion: what is approximate customer penetration percentage in the total regulated businesses?",
        "solution": "27%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2016/page_69.pdf\n\nID: AMT/2016/page_69.pdf-3\n\nPrevious Text:\nas of december 31 , 2016 , we had total outstanding indebtedness of $ 18.7 billion , with a current portion of $ 238.8 million .\nduring the year ended december 31 , 2016 , we generated sufficient cash flow from operations to fund our capital expenditures and debt service obligations , as well as our required distributions .\nwe believe the cash generated by operating activities during the year ending december 31 , 2017 will be sufficient to fund our required distributions , capital expenditures , debt service obligations ( interest and principal repayments ) and signed acquisitions .\nas of december 31 , 2016 , we had $ 423.0 million of cash and cash equivalents held by our foreign subsidiaries , of which $ 183.9 million was held by our joint ventures .\nwhile certain subsidiaries may pay us interest or principal on intercompany debt , it has not been our practice to repatriate earnings from our foreign subsidiaries primarily due to our ongoing expansion efforts and related capital needs .\nhowever , in the event that we do repatriate any funds , we may be required to accrue and pay taxes .\ncash flows from operating activities for the year ended december 31 , 2016 , cash provided by operating activities increased $ 520.6 million as compared to the year ended december 31 , 2015 .\nthe primary factors that impacted cash provided by operating activities as compared to the year ended december 31 , 2015 , include : 2022 an increase in our operating profit of $ 490.8 million ; 2022 an increase of approximately $ 67.1 million in cash paid for interest ; and 2022 a decrease of approximately $ 60.8 million in cash paid for taxes .\nfor the year ended december 31 , 2015 , cash provided by operating activities increased $ 48.5 million as compared to the year ended december 31 , 2014 .\nthe primary factors that impacted cash provided by operating activities as compared to the year ended december 31 , 2014 , include : 2022 an increase in our operating profit of $ 433.3 million ; 2022 an increase of approximately $ 87.8 million in cash paid for taxes , driven primarily by the mipt one-time cash tax charge of $ 93.0 million ; 2022 a decrease in capital contributions , tenant settlements and other prepayments of approximately $ 99.0 million ; 2022 an increase of approximately $ 29.9 million in cash paid for interest ; 2022 a decrease of approximately $ 34.9 million in termination and decommissioning fees ; 2022 a decrease of approximately $ 49.0 million in tenant receipts due to timing ; and 2022 a decrease due to the non-recurrence of a 2014 value added tax refund of approximately $ 60.3 million .\ncash flows from investing activities our significant investing activities during the year ended december 31 , 2016 are highlighted below : 2022 we spent approximately $ 1.1 billion for the viom acquisition .\n2022 we spent $ 701.4 million for capital expenditures , as follows ( in millions ) : .\n\nTable Data:\n[['discretionary capital projects ( 1 )', '$ 149.7'], ['ground lease purchases', '153.3'], ['capital improvements and corporate expenditures ( 2 )', '126.7'], ['redevelopment', '147.4'], ['start-up capital projects', '124.3'], ['total capital expenditures', '$ 701.4']]\n\nFollowing Text:\n_______________ ( 1 ) includes the construction of 1869 communications sites globally .\n( 2 ) includes $ 18.9 million of capital lease payments included in repayments of notes payable , credit facilities , term loan , senior notes and capital leases in the cash flow from financing activities in our consolidated statement of cash flows .\nour significant investing transactions in 2015 included the following : 2022 we spent $ 5.059 billion for the verizon transaction .\n2022 we spent $ 796.9 million for the acquisition of 5483 communications sites from tim in brazil .\n2022 we spent $ 1.1 billion for the acquisition of 4716 communications sites from certain of airtel 2019s subsidiaries in nigeria. .\n\nQuestion: what portion of the total capital expenditures is related to redevelopment?",
        "solution": "21.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2017/page_172.pdf\n\nID: AWK/2017/page_172.pdf-2\n\nPrevious Text:\ndeposits 2014deposits include escrow funds and certain other deposits held in trust .\nthe company includes cash deposits in other current assets .\ndeferred compensation obligations 2014the company 2019s deferred compensation plans allow participants to defer certain cash compensation into notional investment accounts .\nthe company includes such plans in other long-term liabilities .\nthe value of the company 2019s deferred compensation obligations is based on the market value of the participants 2019 notional investment accounts .\nthe notional investments are comprised primarily of mutual funds , which are based on observable market prices .\nmark-to-market derivative asset and liability 2014the company utilizes fixed-to-floating interest-rate swaps , typically designated as fair-value hedges , to achieve a targeted level of variable-rate debt as a percentage of total debt .\nthe company also employs derivative financial instruments in the form of variable-to-fixed interest rate swaps and forward starting interest rate swaps , classified as economic hedges and cash flow hedges , respectively , in order to fix the interest cost on existing or forecasted debt .\nthe company uses a calculation of future cash inflows and estimated future outflows , which are discounted , to determine the current fair value .\nadditional inputs to the present value calculation include the contract terms , counterparty credit risk , interest rates and market volatility .\nother investments 2014other investments primarily represent money market funds used for active employee benefits .\nthe company includes other investments in other current assets .\nnote 18 : leases the company has entered into operating leases involving certain facilities and equipment .\nrental expenses under operating leases were $ 29 million , $ 24 million and $ 21 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .\nthe operating leases for facilities will expire over the next 25 years and the operating leases for equipment will expire over the next 5 years .\ncertain operating leases have renewal options ranging from one to five years .\nthe minimum annual future rental commitment under operating leases that have initial or remaining non-cancelable lease terms over the next 5 years and thereafter are as follows: .\n\nTable Data:\n[['', 'amount'], ['2018', '$ 15'], ['2019', '14'], ['2020', '12'], ['2021', '9'], ['2022', '8'], ['thereafter', '65']]\n\nFollowing Text:\nthe company has a series of agreements with various public entities ( the 201cpartners 201d ) to establish certain joint ventures , commonly referred to as 201cpublic-private partnerships . 201d under the public-private partnerships , the company constructed utility plant , financed by the company and the partners constructed utility plant ( connected to the company 2019s property ) , financed by the partners .\nthe company agreed to transfer and convey some of its real and personal property to the partners in exchange for an equal principal amount of industrial development bonds ( 201cidbs 201d ) , issued by the partners under a state industrial development bond and commercial development act .\nthe company leased back the total facilities , including portions funded by both the company and the partners , under leases for a period of 40 years .\nthe leases related to the portion of the facilities funded by the company have required payments from the company to the partners that approximate the payments required by the terms of the idbs from the partners to the company ( as the holder of the idbs ) .\nas the ownership of the portion of the facilities constructed by the .\n\nQuestion: what were the average operating rental expenses from 2015 to 2017 in millions",
        "solution": "24.67"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2010/page_150.pdf\n\nID: CE/2010/page_150.pdf-2\n\nPrevious Text:\nasbestos claims the company and several of its us subsidiaries are defendants in asbestos cases .\nduring the year ended december 31 , 2010 , asbestos case activity is as follows: .\n\nTable Data:\n[['', 'asbestos cases'], ['as of december 31 2009', '526'], ['case adjustments', '2'], ['new cases filed', '41'], ['resolved cases', '-70 ( 70 )'], ['as of december 31 2010', '499']]\n\nFollowing Text:\nbecause many of these cases involve numerous plaintiffs , the company is subject to claims significantly in excess of the number of actual cases .\nthe company has reserves for defense costs related to claims arising from these matters .\naward proceedings in relation to domination agreement and squeeze-out on october 1 , 2004 , celanese gmbh and the company 2019s subsidiary , bcp holdings gmbh ( 201cbcp holdings 201d ) , a german limited liability company , entered into a domination agreement pursuant to which the bcp holdings became obligated to offer to acquire all outstanding celanese gmbh shares from the minority shareholders of celanese gmbh in return for payment of fair cash compensation ( the 201cpurchaser offer 201d ) .\nthe amount of this fair cash compensation was determined to be a41.92 per share in accordance with applicable german law .\nall minority shareholders who elected not to sell their shares to the bcp holdings under the purchaser offer were entitled to remain shareholders of celanese gmbh and to receive from the bcp holdings a gross guaranteed annual payment of a3.27 per celanese gmbh share less certain corporate taxes in lieu of any dividend .\nas of march 30 , 2005 , several minority shareholders of celanese gmbh had initiated special award proceedings seeking the court 2019s review of the amounts of the fair cash compensation and of the guaranteed annual payment offered in the purchaser offer under the domination agreement .\nin the purchaser offer , 145387 shares were tendered at the fair cash compensation of a41.92 , and 924078 shares initially remained outstanding and were entitled to the guaranteed annual payment under the domination agreement .\nas a result of these proceedings , the amount of the fair cash consideration and the guaranteed annual payment paid under the domination agreement could be increased by the court so that all minority shareholders , including those who have already tendered their shares in the purchaser offer for the fair cash compensation , could claim the respective higher amounts .\non december 12 , 2006 , the court of first instance appointed an expert to assist the court in determining the value of celanese gmbh .\non may 30 , 2006 the majority shareholder of celanese gmbh adopted a squeeze-out resolution under which all outstanding shares held by minority shareholders should be transferred to bcp holdings for a fair cash compensation of a66.99 per share ( the 201csqueeze-out 201d ) .\nthis shareholder resolution was challenged by shareholders but the squeeze-out became effective after the disputes were settled on december 22 , 2006 .\naward proceedings were subsequently filed by 79 shareholders against bcp holdings with the frankfurt district court requesting the court to set a higher amount for the squeeze-out compensation .\npursuant to a settlement agreement between bcp holdings and certain former celanese gmbh shareholders , if the court sets a higher value for the fair cash compensation or the guaranteed payment under the purchaser offer or the squeeze-out compensation , former celanese gmbh shareholders who ceased to be shareholders of celanese gmbh due to the squeeze-out will be entitled to claim for their shares the higher of the compensation amounts determined by the court in these different proceedings related to the purchaser offer and the squeeze-out .\nif the fair cash compensation determined by the court is higher than the squeeze-out compensation of a 66.99 , then 1069465 shares will be entitled to an adjustment .\nif the court confirms the value of the fair cash compensation under the domination agreement but determines a higher value for the squeeze-out compensation , 924078 shares %%transmsg*** transmitting job : d77691 pcn : 148000000 ***%%pcmsg|148 |00010|yes|no|02/08/2011 16:10|0|0|page is valid , no graphics -- color : n| .\n\nQuestion: what is the net increase in the number of asbestos cases during 2010?",
        "solution": "-27"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2013/page_28.pdf\n\nID: ETR/2013/page_28.pdf-1\n\nPrevious Text:\nhuman capital management strategic imperative entergy engaged in a strategic imperative intended to optimize the organization through a process known as human capital management .\nin july 2013 management completed a comprehensive review of entergy 2019s organization design and processes .\nthis effort resulted in a new internal organization structure , which resulted in the elimination of approximately 800 employee positions .\nentergy incurred approximately $ 110 million in costs in 2013 associated with this phase of human capital management , primarily implementation costs , severance expenses , pension curtailment losses , special termination benefits expense , and corporate property , plant , and equipment impairments .\nin december 2013 , entergy deferred for future recovery approximately $ 45 million of these costs , as approved by the apsc and the lpsc .\nsee note 2 to the financial statements for details of the deferrals and note 13 to the financial statements for details of the restructuring charges .\nliquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement .\ncapital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table. .\n\nTable Data:\n[['', '2013', '2012'], ['debt to capital', '57.9% ( 57.9 % )', '58.7% ( 58.7 % )'], ['effect of excluding securitization bonds', '( 1.6% ( 1.6 % ) )', '( 1.8% ( 1.8 % ) )'], ['debt to capital excluding securitization bonds ( a )', '56.3% ( 56.3 % )', '56.9% ( 56.9 % )'], ['effect of subtracting cash', '( 1.5% ( 1.5 % ) )', '( 1.1% ( 1.1 % ) )'], ['net debt to net capital excluding securitization bonds ( a )', '54.8% ( 54.8 % )', '55.8% ( 55.8 % )']]\n\nFollowing Text:\n( a ) calculation excludes the arkansas , louisiana , and texas securitization bonds , which are non-recourse to entergy arkansas , entergy louisiana , and entergy texas , respectively .\nnet debt consists of debt less cash and cash equivalents .\ndebt consists of notes payable and commercial paper , capital lease obligations , and long-term debt , including the currently maturing portion .\ncapital consists of debt , common shareholders 2019 equity , and subsidiaries 2019 preferred stock without sinking fund .\nnet capital consists of capital less cash and cash equivalents .\nentergy uses the debt to capital ratios excluding securitization bonds in analyzing its financial condition and believes they provide useful information to its investors and creditors in evaluating entergy 2019s financial condition because the securitization bonds are non-recourse to entergy , as more fully described in note 5 to the financial statements .\nentergy also uses the net debt to net capital ratio excluding securitization bonds in analyzing its financial condition and believes it provides useful information to its investors and creditors in evaluating entergy 2019s financial condition because net debt indicates entergy 2019s outstanding debt position that could not be readily satisfied by cash and cash equivalents on hand .\nlong-term debt , including the currently maturing portion , makes up most of entergy 2019s total debt outstanding .\nfollowing are entergy 2019s long-term debt principal maturities and estimated interest payments as of december 31 , 2013 .\nto estimate future interest payments for variable rate debt , entergy used the rate as of december 31 , 2013 .\nthe amounts below include payments on the entergy louisiana and system energy sale-leaseback transactions , which are included in long-term debt on the balance sheet .\nentergy corporation and subsidiaries management's financial discussion and analysis .\n\nQuestion: what is the percent change in debt to capital from 2012 to 2013?",
        "solution": "1.38%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2015/page_80.pdf\n\nID: UNP/2015/page_80.pdf-4\n\nPrevious Text:\nwe maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry .\nas such , we have no control over activities that could materially impact the fair value of the leased assets .\nwe 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 .\nadditionally , 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 options are not considered to be potentially significant to the vies .\nthe future minimum lease payments associated with the vie leases totaled $ 2.6 billion as of december 31 , 2015 .\n17 .\nleases we lease certain locomotives , freight cars , and other property .\nthe consolidated statements of financial position as of december 31 , 2015 and 2014 included $ 2273 million , net of $ 1189 million of accumulated depreciation , and $ 2454 million , net of $ 1210 million of accumulated depreciation , respectively , for properties held under capital leases .\na charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income .\nfuture 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 , 2015 , were as follows : millions operating leases capital leases .\n\nTable Data:\n[['millions', 'operatingleases', 'capitalleases'], ['2016', '$ 491', '$ 217'], ['2017', '446', '220'], ['2018', '371', '198'], ['2019', '339', '184'], ['2020', '282', '193'], ['later years', '1501', '575'], ['total minimum lease payments', '$ 3430', '$ 1587'], ['amount representing interest', 'n/a', '-319 ( 319 )'], ['present value of minimum lease payments', 'n/a', '$ 1268']]\n\nFollowing Text:\napproximately 95% ( 95 % ) of capital lease payments relate to locomotives .\nrent expense for operating leases with terms exceeding one month was $ 590 million in 2015 , $ 593 million in 2014 , and $ 618 million in 2013 .\nwhen 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 .\ncontingent rentals and sub-rentals are not significant .\n18 .\ncommitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .\nwe cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity .\nto the extent possible , we have recorded a liability where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated .\nwe 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 .\npersonal 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 .\nwe use an actuarial analysis to measure the expense and liability , including unasserted claims .\nthe federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .\nunder fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .\nwe offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work .\nour personal injury liability is not discounted to present value due to the uncertainty surrounding the timing of future payments .\napproximately 94% ( 94 % ) of the recorded liability is related to asserted claims and .\n\nQuestion: what percentage of total minimum lease payments are capital leases?",
        "solution": "32%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_185.pdf\n\nID: ETR/2004/page_185.pdf-3\n\nPrevious Text:\nentergy gulf states , inc .\nmanagement's financial discussion and analysis .\n\nTable Data:\n[['', '( in millions )'], ['2003 net revenue', '$ 1110.1'], ['volume/weather', '26.7'], ['net wholesale revenue', '13.0'], ['summer capacity charges', '5.5'], ['price applied to unbilled sales', '4.8'], ['fuel recovery revenues', '-14.2 ( 14.2 )'], ['other', '3.9'], ['2004 net revenue', '$ 1149.8']]\n\nFollowing Text:\nthe volume/weather variance resulted primarily from an increase of 1179 gwh in electricity usage in the industrial sector .\nbilled usage also increased a total of 291 gwh in the residential , commercial , and governmental sectors .\nthe increase in net wholesale revenue is primarily due to an increase in sales volume to municipal and co-op customers .\nsummer capacity charges variance is due to the amortization in 2003 of deferred capacity charges for the summer of 2001 compared to the absence of the amortization in 2004 .\nthe amortization of these capacity charges began in june 2002 and ended in may 2003 .\nthe price applied to unbilled sales variance resulted primarily from an increase in the fuel price applied to unbilled sales .\nfuel recovery revenues represent an under-recovery of fuel charges that are recovered in base rates .\nentergy gulf states recorded $ 22.6 million of provisions in 2004 for potential rate refunds .\nthese provisions are not included in the net revenue table above because they are more than offset by provisions recorded in 2003 .\ngross operating revenues , fuel and purchased power expenses , and other regulatory credits gross operating revenues increased primarily due to an increase of $ 187.8 million in fuel cost recovery revenues as a result of higher fuel rates in both the louisiana and texas jurisdictions .\nthe increases in volume/weather and wholesale revenue , discussed above , also contributed to the increase .\nfuel and purchased power expenses increased primarily due to : 2022 increased recovery of deferred fuel costs due to higher fuel rates ; 2022 increases in the market prices of natural gas , coal , and purchased power ; and 2022 an increase in electricity usage , discussed above .\nother regulatory credits increased primarily due to the amortization in 2003 of deferred capacity charges for the summer of 2001 compared to the absence of amortization in 2004 .\nthe amortization of these charges began in june 2002 and ended in may 2003 .\n2003 compared to 2002 net revenue , which is entergy gulf states' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .\nfollowing is an analysis of the change in net revenue comparing 2003 to 2002. .\n\nQuestion: what is the growth rate in net revenue in 2004 for entergy gulf states , inc?",
        "solution": "3.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CMCSA/2004/page_30.pdf\n\nID: CMCSA/2004/page_30.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations comcast corporation and subsidiaries28 comcast corporation and subsidiaries the exchangeable notes varies based upon the fair market value of the security to which it is indexed .\nthe exchangeable notes are collateralized by our investments in cablevision , microsoft and vodafone , respectively .\nthe comcast exchangeable notes are collateralized by our class a special common stock held in treasury .\nwe have settled and intend in the future to settle all of the comcast exchangeable notes using cash .\nduring 2004 and 2003 , we settled an aggregate of $ 847 million face amount and $ 638 million face amount , respectively , of our obligations relating to our notes exchangeable into comcast stock by delivering cash to the counterparty upon maturity of the instruments , and the equity collar agreements related to the underlying shares expired or were settled .\nduring 2004 and 2003 , we settled $ 2.359 billion face amount and $ 1.213 billion face amount , respectively , of our obligations relating to our exchangeable notes by delivering the underlying shares of common stock to the counterparty upon maturity of the investments .\nas of december 31 , 2004 , our debt includes an aggregate of $ 1.699 billion of exchangeable notes , including $ 1.645 billion within current portion of long-term debt .\nas of december 31 , 2004 , the securities we hold collateralizing the exchangeable notes were sufficient to substantially satisfy the debt obligations associated with the outstanding exchangeable notes .\nstock repurchases .\nduring 2004 , under our board-authorized , $ 2 billion share repurchase program , we repurchased 46.9 million shares of our class a special common stock for $ 1.328 billion .\nwe expect such repurchases to continue from time to time in the open market or in private transactions , subject to market conditions .\nrefer to notes 8 and 10 to our consolidated financial statements for a discussion of our financing activities .\ninvesting activities net cash used in investing activities from continuing operations was $ 4.512 billion for the year ended december 31 , 2004 , and consists primarily of capital expenditures of $ 3.660 billion , additions to intangible and other noncurrent assets of $ 628 million and the acquisition of techtv for approximately $ 300 million .\ncapital expenditures .\nour most significant recurring investing activity has been and is expected to continue to be capital expendi- tures .\nthe following table illustrates the capital expenditures we incurred in our cable segment during 2004 and expect to incur in 2005 ( dollars in millions ) : .\n\nTable Data:\n[['', '2004', '2005'], ['deployment of cable modems digital converters and new service offerings', '$ 2106', '$ 2300'], ['upgrading of cable systems', '902', '200'], ['recurring capital projects', '614', '500'], ['total cable segment capital expenditures', '$ 3622', '$ 3000']]\n\nFollowing Text:\nthe amount of our capital expenditures for 2005 and for subsequent years will depend on numerous factors , some of which are beyond our control , including competition , changes in technology and the timing and rate of deployment of new services .\nadditions to intangibles .\nadditions to intangibles during 2004 primarily relate to our investment in a $ 250 million long-term strategic license agreement with gemstar , multiple dwelling unit contracts of approximately $ 133 million and other licenses and software intangibles of approximately $ 168 million .\ninvestments .\nproceeds from sales , settlements and restructurings of investments totaled $ 228 million during 2004 , related to the sales of our non-strategic investments , including our 20% ( 20 % ) interest in dhc ventures , llc ( discovery health channel ) for approximately $ 149 million .\nwe consider investments that we determine to be non-strategic , highly-valued , or both to be a source of liquidity .\nwe consider our investment in $ 1.5 billion in time warner common-equivalent preferred stock to be an anticipated source of liquidity .\nwe do not have any significant contractual funding commitments with respect to any of our investments .\nrefer to notes 6 and 7 to our consolidated financial statements for a discussion of our investments and our intangible assets , respectively .\noff-balance sheet arrangements we do not have any significant off-balance sheet arrangements that are reasonably likely to have a current or future effect on our financial condition , results of operations , liquidity , capital expenditures or capital resources. .\n\nQuestion: what was the approximate sum of the addition to our intangibles in 2004 in millions",
        "solution": "551"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TSCO/2017/page_68.pdf\n\nID: TSCO/2017/page_68.pdf-3\n\nPrevious Text:\nthe company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .\nthe tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .\nthis property was then leased back to the company .\nno cash was exchanged .\nthe lease payments are equal to the amount of the payments on the bonds .\nthe tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .\nat any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .\nthe terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) .\n\nTable Data:\n[['', 'bond term', 'bond authorized amount ( in millions )', 'amount drawn ( in millions )'], ['franklin kentucky distribution center', '30 years', '$ 54.0', '$ 51.8'], ['macon georgia distribution center', '15 years', '$ 58.0', '$ 49.9'], ['brentwood tennessee store support center', '10 years', '$ 78.0', '$ 75.3']]\n\nFollowing Text:\ndue to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .\nthe original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .\ncapitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .\ncomputer software consists of software developed for internal use and third-party software purchased for internal use .\na subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .\nthese costs are included in computer software and hardware in the accompanying consolidated balance sheets .\ncertain software costs not meeting the criteria for capitalization are expensed as incurred .\nstore closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .\nthe company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .\nstore closing costs were not significant to the results of operations for any of the fiscal years presented .\nleases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .\ncertain operating leases include rent increases during the lease term .\nfor these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .\nthe company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .\nleasehold improvements are recorded at their gross costs , including items reimbursed by landlords .\nrelated reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .\nnote 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .\nshare-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .\nthe discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .\n\nQuestion: what was the total amount lost from the bond authorization to the withdrawn?",
        "solution": "$ 13 million"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2015/page_70.pdf\n\nID: ECL/2015/page_70.pdf-2\n\nPrevious Text:\nconcentration of credit risk credit risk represents the accounting loss that would be recognized at the reporting date if counterparties failed to perform as contracted .\nthe company believes the likelihood of incurring material losses due to concentration of credit risk is remote .\nthe principal financial instruments subject to credit risk are as follows : cash and cash equivalents - the company maintains cash deposits with major banks , which from time to time may exceed insured limits .\nthe possibility of loss related to financial condition of major banks has been deemed minimal .\nadditionally , the company 2019s investment policy limits exposure to concentrations of credit risk and changes in market conditions .\naccounts receivable - a large number of customers in diverse industries and geographies , as well as the practice of establishing reasonable credit lines , limits credit risk .\nbased on historical trends and experiences , the allowance for doubtful accounts is adequate to cover potential credit risk losses .\nforeign currency and interest rate contracts and derivatives - exposure to credit risk is limited by internal policies and active monitoring of counterparty risks .\nin addition , the company uses a diversified group of major international banks and financial institutions as counterparties .\nthe company does not anticipate nonperformance by any of these counterparties .\ncash and cash equivalents cash equivalents include highly-liquid investments with a maturity of three months or less when purchased .\naccounts receivable and allowance for doubtful accounts accounts receivable are carried at their face amounts less an allowance for doubtful accounts .\naccounts receivable are recorded at the invoiced amount and generally do not bear interest .\nthe company estimates the balance of allowance for doubtful accounts by analyzing accounts receivable balances by age and applying historical write-off and collection trend rates .\nthe company 2019s estimates include separately providing for customer balances based on specific circumstances and credit conditions , and when it is deemed probable that the balance is uncollectible .\naccount balances are charged off against the allowance when it is determined the receivable will not be recovered .\nthe company 2019s allowance for doubtful accounts balance also includes an allowance for the expected return of products shipped and credits related to pricing or quantities shipped of $ 15 million as of december 31 , 2015 and 2014 and $ 14 million as of december 31 , 2013 .\nreturns and credit activity is recorded directly to sales .\nthe following table summarizes the activity in the allowance for doubtful accounts: .\n\nTable Data:\n[['( millions )', '2015', '2014', '2013'], ['beginning balance', '$ 77', '$ 81', '$ 73'], ['bad debt expense', '26', '23', '28'], ['write-offs', '-22 ( 22 )', '-20 ( 20 )', '-21 ( 21 )'], ['other ( a )', '-6 ( 6 )', '-7 ( 7 )', '1'], ['ending balance', '$ 75', '$ 77', '$ 81']]\n\nFollowing Text:\n( a ) other amounts are primarily the effects of changes in currency translations and the impact of allowance for returns and credits .\ninventory valuations inventories are valued at the lower of cost or market .\ncertain u.s .\ninventory costs are determined on a last-in , first-out ( lifo ) basis .\nlifo inventories represented 39% ( 39 % ) and 37% ( 37 % ) of consolidated inventories as of december 31 , 2015 and 2014 , respectively .\nlifo inventories include certain legacy nalco u.s .\ninventory acquired at fair value as part of the nalco merger .\nall other inventory costs are determined using either the average cost or first-in , first-out ( fifo ) methods .\ninventory values at fifo , as shown in note 5 , approximate replacement during the fourth quarter of 2015 , the company improved estimates related to its inventory reserves and product costing , resulting in a net pre-tax charge of approximately $ 6 million .\nseparately , the actions resulted in charge of $ 20.6 million related to inventory reserve calculations , partially offset by a gain of $ 14.5 million related to the capitalization of certain cost components into inventory .\nboth of these items are reflected in note 3. .\n\nQuestion: what is the average percent of lifo inventories as a percent of consolidated inventories as of december 31 , 2015 and 2014?",
        "solution": "38%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2015/page_76.pdf\n\nID: GS/2015/page_76.pdf-4\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries management 2019s discussion and analysis investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients .\nthese investments and loans are typically longer-term in nature .\nwe make investments , some of which are consolidated , directly and indirectly through funds and separate accounts that we manage , in debt securities and loans , public and private equity securities , and real estate entities .\nthe table below presents the operating results of our investing & lending segment. .\n\nTable Data:\n[['$ in millions', 'year ended december 2015', 'year ended december 2014', 'year ended december 2013'], ['equity securities', '$ 3781', '$ 4579', '$ 4974'], ['debt securities and loans', '1655', '2246', '2044'], ['total net revenues1', '5436', '6825', '7018'], ['operating expenses', '2402', '2819', '2686'], ['pre-tax earnings', '$ 3034', '$ 4006', '$ 4332']]\n\nFollowing Text:\n1 .\nnet revenues related to our consolidated investments , previously reported in other net revenues within investing & lending , are now reported in equity securities and debt securities and loans , as results from these activities ( $ 391 million for 2015 ) are no longer significant principally due to the sale of metro in the fourth quarter of 2014 .\nreclassifications have been made to previously reported amounts to conform to the current presentation .\n2015 versus 2014 .\nnet revenues in investing & lending were $ 5.44 billion for 2015 , 20% ( 20 % ) lower than 2014 .\nthis decrease was primarily due to lower net revenues from investments in equities , principally reflecting the sale of metro in the fourth quarter of 2014 and lower net gains from investments in private equities , driven by corporate performance .\nin addition , net revenues in debt securities and loans were significantly lower , reflecting lower net gains from investments .\nalthough net revenues in investing & lending for 2015 benefited from favorable company-specific events , including sales , initial public offerings and financings , a decline in global equity prices and widening high-yield credit spreads during the second half of the year impacted results .\nconcern about the outlook for the global economy continues to be a meaningful consideration for the global marketplace .\nif equity markets continue to decline or credit spreads widen further , net revenues in investing & lending would likely continue to be negatively impacted .\noperating expenses were $ 2.40 billion for 2015 , 15% ( 15 % ) lower than 2014 , due to lower depreciation and amortization expenses , primarily reflecting lower impairment charges related to consolidated investments , and a reduction in expenses related to the sale of metro in the fourth quarter of 2014 .\npre-tax earnings were $ 3.03 billion in 2015 , 24% ( 24 % ) lower than 2014 .\n2014 versus 2013 .\nnet revenues in investing & lending were $ 6.83 billion for 2014 , 3% ( 3 % ) lower than 2013 .\nnet revenues from investments in equity securities were lower due to a significant decrease in net gains from investments in public equities , as movements in global equity prices during 2014 were less favorable compared with 2013 , as well as significantly lower net revenues related to our consolidated investments , reflecting a decrease in operating revenues from commodities-related consolidated investments .\nthese decreases were partially offset by an increase in net gains from investments in private equities , primarily driven by company-specific events .\nnet revenues from debt securities and loans were higher than 2013 , reflecting a significant increase in net interest income , primarily driven by increased lending , and a slight increase in net gains , primarily due to sales of certain investments during 2014 .\nduring 2014 , net revenues in investing & lending generally reflected favorable company-specific events , including initial public offerings and financings , and strong corporate performance , as well as net gains from sales of certain investments .\noperating expenses were $ 2.82 billion for 2014 , 5% ( 5 % ) higher than 2013 , reflecting higher compensation and benefits expenses , partially offset by lower expenses related to consolidated investments .\npre-tax earnings were $ 4.01 billion in 2014 , 8% ( 8 % ) lower than 2013 .\n64 goldman sachs 2015 form 10-k .\n\nQuestion: what percentage of total net revenues in the investing & lending segment is attributable to equity securities in 2014?",
        "solution": "67%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2010/page_24.pdf\n\nID: LMT/2010/page_24.pdf-3\n\nPrevious Text:\nthe following is a summary of our floor space by business segment at december 31 , 2010 : ( square feet in millions ) owned leased government- owned total .\n\nTable Data:\n[['( square feet in millions )', 'owned', 'leased', 'government-owned', 'total'], ['aeronautics', '5.2', '3.7', '15.2', '24.1'], ['electronic systems', '10.3', '11.5', '7.1', '28.9'], ['information systems & global solutions', '2.6', '7.9', '2014', '10.5'], ['space systems', '8.6', '1.6', '.9', '11.1'], ['corporate activities', '2.9', '.8', '2014', '3.7'], ['total', '29.6', '25.5', '23.2', '78.3']]\n\nFollowing Text:\nsome of our owned properties , primarily classified under corporate activities , are leased to third parties .\nin the area of manufacturing , most of the operations are of a job-order nature , rather than an assembly line process , and productive equipment has multiple uses for multiple products .\nmanagement believes that all of our major physical facilities are in good condition and are adequate for their intended use .\nitem 3 .\nlegal proceedings we are a party to or have property subject to litigation and other proceedings , including matters arising under provisions relating to the protection of the environment .\nwe believe the probability is remote that the outcome of these matters will have a material adverse effect on the corporation as a whole , notwithstanding that the unfavorable resolution of any matter may have a material effect on our net earnings in any particular quarter .\nwe cannot predict the outcome of legal proceedings with certainty .\nthese matters include the proceedings summarized in note 14 2013 legal proceedings , commitments , and contingencies beginning on page 78 of this form 10-k .\nfrom time-to-time , agencies of the u.s .\ngovernment investigate whether our operations are being conducted in accordance with applicable regulatory requirements .\nu.s .\ngovernment investigations of us , whether relating to government contracts or conducted for other reasons , could result in administrative , civil , or criminal liabilities , including repayments , fines , or penalties being imposed upon us , or could lead to suspension or debarment from future u.s .\ngovernment contracting .\nu.s .\ngovernment investigations often take years to complete and many result in no adverse action against us .\nwe are subject to federal and state requirements for protection of the environment , including those for discharge of hazardous materials and remediation of contaminated sites .\nas a result , we are a party to or have our property subject to various lawsuits or proceedings involving environmental protection matters .\ndue in part to their complexity and pervasiveness , such requirements have resulted in us being involved with related legal proceedings , claims , and remediation obligations .\nthe extent of our financial exposure cannot in all cases be reasonably estimated at this time .\nfor information regarding these matters , including current estimates of the amounts that we believe are required for remediation or clean-up to the extent estimable , see 201ccritical accounting policies 2013 environmental matters 201d in management 2019s discussion and analysis of financial condition and results of operations beginning on page 45 , and note 14 2013 legal proceedings , commitments , and contingencies beginning on page 78 of this form 10-k .\nitem 4 .\n( removed and reserved ) item 4 ( a ) .\nexecutive officers of the registrant our executive officers are listed below , as well as information concerning their age at december 31 , 2010 , positions and offices held with the corporation , and principal occupation and business experience over the past five years .\nthere were no family relationships among any of our executive officers and directors .\nall officers serve at the pleasure of the board of directors .\nlinda r .\ngooden ( 57 ) , executive vice president 2013 information systems & global solutions ms .\ngooden has served as executive vice president 2013 information systems & global solutions since january 2007 .\nshe previously served as deputy executive vice president 2013 information & technology services from october 2006 to december 2006 , and president , lockheed martin information technology from september 1997 to december 2006 .\nchristopher j .\ngregoire ( 42 ) , vice president and controller ( chief accounting officer ) mr .\ngregoire has served as vice president and controller ( chief accounting officer ) since march 2010 .\nhe previously was employed by sprint nextel corporation from august 2006 to may 2009 , most recently as principal accounting officer and assistant controller , and was a partner at deloitte & touche llp from september 2003 to july 2006. .\n\nQuestion: what portion of the total floor space is used by aeronautics?",
        "solution": "30.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2009/page_55.pdf\n\nID: JPM/2009/page_55.pdf-1\n\nPrevious Text:\njpmorgan chase & co./2009 annual report consolidated results of operations this following section provides a comparative discussion of jpmorgan chase 2019s consolidated results of operations on a reported basis for the three-year period ended december 31 , 2009 .\nfactors that related primarily to a single business segment are discussed in more detail within that business segment .\nfor a discussion of the critical ac- counting estimates used by the firm that affect the consolidated results of operations , see pages 135 2013139 of this annual report .\nrevenue year ended december 31 , ( in millions ) 2009 2008 2007 .\n\nTable Data:\n[['year ended december 31 ( in millions )', '2009', '2008', '2007'], ['investment banking fees', '$ 7087', '$ 5526', '$ 6635'], ['principal transactions', '9796', '-10699 ( 10699 )', '9015'], ['lending- and deposit-related fees', '7045', '5088', '3938'], ['asset management administrationand commissions', '12540', '13943', '14356'], ['securities gains', '1110', '1560', '164'], ['mortgage fees and related income', '3678', '3467', '2118'], ['credit card income', '7110', '7419', '6911'], ['other income', '916', '2169', '1829'], ['noninterest revenue', '49282', '28473', '44966'], ['net interest income', '51152', '38779', '26406'], ['total net revenue', '$ 100434', '$ 67252', '$ 71372']]\n\nFollowing Text:\n2009 compared with 2008 total net revenue was $ 100.4 billion , up by $ 33.2 billion , or 49% ( 49 % ) , from the prior year .\nthe increase was driven by higher principal transactions revenue , primarily related to improved performance across most fixed income and equity products , and the absence of net markdowns on legacy leveraged lending and mortgage positions in ib , as well as higher levels of trading gains and investment securities income in corporate/private equity .\nresults also benefited from the impact of the washington mutual transaction , which contributed to increases in net interest income , lending- and deposit-related fees , and mortgage fees and related income .\nlastly , higher investment banking fees also contributed to revenue growth .\nthese increases in revenue were offset partially by reduced fees and commissions from the effect of lower market levels on assets under management and custody , and the absence of proceeds from the sale of visa shares in its initial public offering in the first quarter of 2008 .\ninvestment banking fees increased from the prior year , due to higher equity and debt underwriting fees .\nfor a further discussion of invest- ment banking fees , which are primarily recorded in ib , see ib segment results on pages 63 201365 of this annual report .\nprincipal transactions revenue , which consists of revenue from trading and private equity investing activities , was significantly higher com- pared with the prior year .\ntrading revenue increased , driven by improved performance across most fixed income and equity products ; modest net gains on legacy leveraged lending and mortgage-related positions , compared with net markdowns of $ 10.6 billion in the prior year ; and gains on trading positions in corporate/private equity , compared with losses in the prior year of $ 1.1 billion on markdowns of federal national mortgage association ( 201cfannie mae 201d ) and fed- eral home loan mortgage corporation ( 201cfreddie mac 201d ) preferred securities .\nthese increases in revenue were offset partially by an aggregate loss of $ 2.3 billion from the tightening of the firm 2019s credit spread on certain structured liabilities and derivatives , compared with gains of $ 2.0 billion in the prior year from widening spreads on these liabilities and derivatives .\nthe firm 2019s private equity investments pro- duced a slight net loss in 2009 , a significant improvement from a larger net loss in 2008 .\nfor a further discussion of principal transac- tions revenue , see ib and corporate/private equity segment results on pages 63 201365 and 82 201383 , respectively , and note 3 on pages 156 2013 173 of this annual report .\nlending- and deposit-related fees rose from the prior year , predomi- nantly reflecting the impact of the washington mutual transaction and organic growth in both lending- and deposit-related fees in rfs , cb , ib and tss .\nfor a further discussion of lending- and deposit- related fees , which are mostly recorded in rfs , tss and cb , see the rfs segment results on pages 66 201371 , the tss segment results on pages 77 201378 , and the cb segment results on pages 75 201376 of this annual report .\nthe decline in asset management , administration and commissions revenue compared with the prior year was largely due to lower asset management fees in am from the effect of lower market levels .\nalso contributing to the decrease were lower administration fees in tss , driven by the effect of market depreciation on certain custody assets and lower securities lending balances ; and lower brokerage commis- sions revenue in ib , predominantly related to lower transaction vol- ume .\nfor additional information on these fees and commissions , see the segment discussions for tss on pages 77 201378 , and am on pages 79 201381 of this annual report .\nsecurities gains were lower in 2009 and included credit losses related to other-than-temporary impairment and lower gains on the sale of mastercard shares of $ 241 million in 2009 , compared with $ 668 million in 2008 .\nthese decreases were offset partially by higher gains from repositioning the corporate investment securities portfolio in connection with managing the firm 2019s structural interest rate risk .\nfor a further discussion of securities gains , which are mostly recorded in corporate/private equity , see the corpo- rate/private equity segment discussion on pages 82 201383 of this annual report .\nmortgage fees and related income increased slightly from the prior year , as higher net mortgage servicing revenue was largely offset by lower production revenue .\nthe increase in net mortgage servicing revenue was driven by growth in average third-party loans serviced as a result of the washington mutual transaction .\nmortgage production revenue declined from the prior year , reflecting an increase in esti- mated losses from the repurchase of previously-sold loans , offset partially by wider margins on new originations .\nfor a discussion of mortgage fees and related income , which is recorded primarily in rfs 2019s consumer lending business , see the consumer lending discus- sion on pages 68 201371 of this annual report .\ncredit card income , which includes the impact of the washington mutual transaction , decreased slightly compared with the prior year .\n\nQuestion: what percent of total net revenue was noninterest revenue in 2009?",
        "solution": "49%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2014/page_66.pdf\n\nID: IP/2014/page_66.pdf-1\n\nPrevious Text:\nrussia and europe .\naverage sales price realizations for uncoated freesheet paper decreased in both europe and russia , reflecting weak economic conditions and soft market demand .\nin russia , sales prices in rubles increased , but this improvement is masked by the impact of the currency depreciation against the u.s .\ndollar .\ninput costs were significantly higher for wood in both europe and russia , partially offset by lower chemical costs .\nplanned maintenance downtime costs were $ 11 million lower in 2014 than in 2013 .\nmanufacturing and other operating costs were favorable .\nentering 2015 , sales volumes in the first quarter are expected to be seasonally weaker in russia , and about flat in europe .\naverage sales price realizations for uncoated freesheet paper are expected to remain steady in europe , but increase in russia .\ninput costs should be lower for oil and wood , partially offset by higher chemicals costs .\nindian papers net sales were $ 178 million in 2014 , $ 185 million ( $ 174 million excluding excise duties which were included in net sales in 2013 and prior periods ) in 2013 and $ 185 million ( $ 178 million excluding excise duties ) in 2012 .\noperating profits were $ 8 million ( a loss of $ 12 million excluding a gain related to the resolution of a legal contingency ) in 2014 , a loss of $ 145 million ( a loss of $ 22 million excluding goodwill and trade name impairment charges ) in 2013 and a loss of $ 16 million in 2012 .\naverage sales price realizations improved in 2014 compared with 2013 due to the impact of price increases implemented in 2013 .\nsales volumes were flat , reflecting weak economic conditions .\ninput costs were higher , primarily for wood .\noperating costs and planned maintenance downtime costs were lower in 2014 .\nlooking ahead to the first quarter of 2015 , sales volumes are expected to be seasonally higher .\naverage sales price realizations are expected to decrease due to competitive pressures .\nasian printing papers net sales were $ 59 million in 2014 , $ 90 million in 2013 and $ 85 million in 2012 .\noperating profits were $ 0 million in 2014 and $ 1 million in both 2013 and 2012 .\nu.s .\npulp net sales were $ 895 million in 2014 compared with $ 815 million in 2013 and $ 725 million in 2012 .\noperating profits were $ 57 million in 2014 compared with $ 2 million in 2013 and a loss of $ 59 million in 2012 .\nsales volumes in 2014 increased from 2013 for both fluff pulp and market pulp reflecting improved market demand .\naverage sales price realizations increased significantly for fluff pulp , while prices for market pulp were also higher .\ninput costs for wood and energy were higher .\noperating costs were lower , but planned maintenance downtime costs were $ 1 million higher .\ncompared with the fourth quarter of 2014 , sales volumes in the first quarter of 2015 , are expected to decrease for market pulp , but be slightly higher for fluff pulp .\naverage sales price realizations are expected to to be stable for fluff pulp and softwood market pulp , while hardwood market pulp prices are expected to improve .\ninput costs should be flat .\nplanned maintenance downtime costs should be about $ 13 million higher than in the fourth quarter of 2014 .\nconsumer packaging demand and pricing for consumer packaging products correlate closely with consumer spending and general economic activity .\nin addition to prices and volumes , major factors affecting the profitability of consumer packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix .\nconsumer packaging net sales in 2014 decreased 1% ( 1 % ) from 2013 , but increased 7% ( 7 % ) from 2012 .\noperating profits increased 11% ( 11 % ) from 2013 , but decreased 34% ( 34 % ) from 2012 .\nexcluding sheet plant closure costs , costs associated with the permanent shutdown of a paper machine at our augusta , georgia mill and costs related to the sale of the shorewood business , 2014 operating profits were 11% ( 11 % ) lower than in 2013 , and 30% ( 30 % ) lower than in 2012 .\nbenefits from higher average sales price realizations and a favorable mix ( $ 60 million ) were offset by lower sales volumes ( $ 11 million ) , higher operating costs ( $ 9 million ) , higher planned maintenance downtime costs ( $ 12 million ) , higher input costs ( $ 43 million ) and higher other costs ( $ 7 million ) .\nin addition , operating profits in 2014 include $ 8 million of costs associated with sheet plant closures , while operating profits in 2013 include costs of $ 45 million related to the permanent shutdown of a paper machine at our augusta , georgia mill and $ 2 million of costs associated with the sale of the shorewood business .\nconsumer packaging .\n\nTable Data:\n[['in millions', '2014', '2013', '2012'], ['sales', '$ 3403', '$ 3435', '$ 3170'], ['operating profit', '178', '161', '268']]\n\nFollowing Text:\nnorth american consumer packaging net sales were $ 2.0 billion in 2014 compared with $ 2.0 billion in 2013 and $ 2.0 billion in 2012 .\noperating profits were $ 92 million ( $ 100 million excluding sheet plant closure costs ) in 2014 compared with $ 63 million ( $ 110 million excluding paper machine shutdown costs and costs related to the sale of the shorewood business ) in 2013 and $ 165 million ( $ 162 million excluding a gain associated with the sale of the shorewood business in 2012 ) .\ncoated paperboard sales volumes in 2014 were lower than in 2013 reflecting weaker market demand .\nthe business took about 41000 tons of market-related downtime in 2014 compared with about 24000 tons in 2013 .\naverage sales price realizations increased year- .\n\nQuestion: what percentage where north american consumer packaging net sales of consumer packaging sales in 2014?",
        "solution": "59%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2009/page_81.pdf\n\nID: ADBE/2009/page_81.pdf-1\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) foreign currency translation we translate assets and liabilities of foreign subsidiaries , whose functional currency is their local currency , at exchange rates in effect at the balance sheet date .\nwe translate revenue and expenses at the monthly average exchange rates .\nwe include accumulated net translation adjustments in stockholders 2019 equity as a component of accumulated other comprehensive income .\nproperty and equipment we record property and equipment at cost less accumulated depreciation and amortization .\nproperty and equipment are depreciated using the straight-line method over their estimated useful lives ranging from 1 to 5 years for computers and equipment , 1 to 6 years for furniture and fixtures and up to 35 years for buildings .\nleasehold improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or useful lives .\ngoodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .\nwe completed our annual impairment test in the second quarter of fiscal 2009 and determined that there was no impairment .\ngoodwill is assigned to one or more reporting segments on the date of acquisition .\nwe evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .\nto determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .\nour cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .\nwe amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .\nwe continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .\nwhen such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .\nif the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on the excess of the carrying amount over the fair value of the assets .\nwe did not recognize any intangible asset impairment charges in fiscal 2009 , 2008 or 2007 .\nour intangible assets are amortized over their estimated useful lives of 1 to 13 years as shown in the table below .\namortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .\nweighted average useful life ( years ) .\n\nTable Data:\n[['', 'weighted average useful life ( years )'], ['purchased technology', '7'], ['localization', '1'], ['trademarks', '7'], ['customer contracts and relationships', '10'], ['other intangibles', '2']]\n\nFollowing Text:\nsoftware development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .\namortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .\nto date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .\nrevenue recognition our revenue is derived from the licensing of software products , consulting , hosting services and maintenance and support .\nprimarily , we recognize revenue when persuasive evidence of an arrangement exists , we have delivered the product or performed the service , the fee is fixed or determinable and collection is probable. .\n\nQuestion: what is the yearly amortization rate related to the purchased technology?",
        "solution": "14.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2013/page_69.pdf\n\nID: RSG/2013/page_69.pdf-1\n\nPrevious Text:\nconstitutes an event of default under our other debt instruments , including our senior notes , and , therefore , our senior notes would also be subject to acceleration of maturity .\nif such acceleration were to occur , we would not have sufficient liquidity available to repay the indebtedness .\nwe would likely have to seek an amendment under our credit facilities for relief from the financial covenants or repay the debt with proceeds from the issuance of new debt or equity , or asset sales , if necessary .\nwe may be unable to amend our credit facilities or raise sufficient capital to repay such obligations in the event the maturities are accelerated .\nfinancial assurance we must provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts .\nwe satisfy these financial assurance requirements by providing surety bonds , letters of credit , or insurance policies ( the financial assurance instruments ) , or trust deposits , which are included in restricted cash and marketable securities and other assets in our consolidated balance sheets .\nthe amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations .\nthe financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill .\ngenerally , states require a third-party engineering specialist to determine the estimated capping , closure and post-closure costs that are used to determine the required amount of financial assurance for a landfill .\nthe amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s .\ngaap .\nthe amount of the financial assurance requirements related to contract performance varies by contract .\nadditionally , we must provide financial assurance for our insurance program and collateral for certain performance obligations .\nwe do not expect a material increase in financial assurance requirements during 2014 , although the mix of financial assurance instruments may change .\nthese financial instruments are issued in the normal course of business and are not considered indebtedness .\nbecause we currently have no liability for the financial assurance instruments , they are not reflected in our consolidated balance sheets ; however , we record capping , closure and post-closure liabilities and self-insurance liabilities as they are incurred .\nthe underlying obligations of the financial assurance instruments , in excess of those already reflected in our consolidated balance sheets , would be recorded if it is probable that we would be unable to fulfill our related obligations .\nwe do not expect this to occur .\noff-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than financial assurance instruments and operating leases , that are not classified as debt .\nwe do not guarantee any third-party debt .\nfree cash flow we define free cash flow , which is not a measure determined in accordance with u.s .\ngaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment as presented in our consolidated statements of cash flows .\nour free cash flow for the years ended december 31 , 2013 , 2012 and 2011 is calculated as follows ( in millions of dollars ) : .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['cash provided by operating activities', '$ 1548.2', '$ 1513.8', '$ 1766.7'], ['purchases of property and equipment', '-880.8 ( 880.8 )', '-903.5 ( 903.5 )', '-936.5 ( 936.5 )'], ['proceeds from sales of property and equipment', '23.9', '28.7', '34.6'], ['free cash flow', '$ 691.3', '$ 639.0', '$ 864.8']]\n\nFollowing Text:\n.\n\nQuestion: in 2013 what was the ratio of the cash provided by operating activities to the amount spent on purchases of property and the equipment",
        "solution": "1.76"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2018/page_152.pdf\n\nID: AWK/2018/page_152.pdf-3\n\nPrevious Text:\ncondition are valued using a monte carlo model .\nexpected volatility is based on historical volatilities of traded common stock of the company and comparative companies using daily stock prices over the past three years .\nthe expected term is three years and the risk-free interest rate is based on the three-year u.s .\ntreasury rate in effect as of the measurement date .\nthe following table provides the weighted average assumptions used in the monte carlo simulation and the weighted average grant date fair values of psus granted for the years ended december 31: .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['expected volatility', '17.23% ( 17.23 % )', '17.40% ( 17.40 % )', '15.90% ( 15.90 % )'], ['risk-free interest rate', '2.36% ( 2.36 % )', '1.53% ( 1.53 % )', '0.91% ( 0.91 % )'], ['expected life ( years )', '3.0', '3.0', '3.0'], ['grant date fair value per share', '$ 73.62', '$ 72.81', '$ 77.16']]\n\nFollowing Text:\nthe grant date fair value of psus that vest ratably and have market and/or performance conditions are amortized through expense over the requisite service period using the graded-vesting method .\nif dividends are paid with respect to shares of the company 2019s common stock before the rsus and psus are distributed , the company credits a liability for the value of the dividends that would have been paid if the rsus and psus were shares of company common stock .\nwhen the rsus and psus are distributed , the company pays the participant a lump sum cash payment equal to the value of the dividend equivalents accrued .\nthe company accrued dividend equivalents totaling $ 1 million , less than $ 1 million and $ 1 million to accumulated deficit in the accompanying consolidated statements of changes in shareholders 2019 equity for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nemployee stock purchase plan the company maintains a nonqualified employee stock purchase plan ( the 201cespp 201d ) through which employee participants may use payroll deductions to acquire company common stock at a discount .\nprior to february 5 , 2019 , the purchase price of common stock acquired under the espp was the lesser of 90% ( 90 % ) of the fair market value of the common stock at either the beginning or the end of a three -month purchase period .\non july 27 , 2018 , the espp was amended , effective february 5 , 2019 , to permit employee participants to acquire company common stock at 85% ( 85 % ) of the fair market value of the common stock at the end of the purchase period .\nas of december 31 , 2018 , there were 1.9 million shares of common stock reserved for issuance under the espp .\nthe espp is considered compensatory .\nduring the years ended december 31 , 2018 , 2017 and 2016 , the company issued 95 thousand , 93 thousand and 93 thousand shares , respectively , under the espp. .\n\nQuestion: what was the minimum grant date fair value per share in the table?",
        "solution": "72.81"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APD/2016/page_104.pdf\n\nID: APD/2016/page_104.pdf-1\n\nPrevious Text:\ncorporate and government bonds corporate and government bonds are classified as level 2 assets , as they are either valued at quoted market prices from observable pricing sources at the reporting date or valued based upon comparable securities with similar yields and credit ratings .\nreal estate pooled funds real estate pooled funds are classified as level 3 assets , as they are carried at the estimated fair value of the underlying properties .\nestimated fair value is calculated utilizing a combination of key inputs , such as revenue and expense growth rates , terminal capitalization rates , and discount rates .\nthese key inputs are consistent with practices prevailing within the real estate investment management industry .\nother pooled funds other pooled funds classified as level 2 assets are valued at the nav of the shares held at year end , which is based on the fair value of the underlying investments .\nsecurities and interests classified as level 3 are carried at the estimated fair value .\nthe estimated fair value is based on the fair value of the underlying investment values , which includes estimated bids from brokers or other third-party vendor sources that utilize expected cash flow streams and other uncorroborated data including counterparty credit quality , default risk , discount rates , and the overall capital market liquidity .\ninsurance contracts insurance contracts are classified as level 3 assets , as they are carried at contract value , which approximates the estimated fair value .\nthe estimated fair value is based on the fair value of the underlying investment of the insurance company .\ncontributions and projected benefit payments pension contributions to funded plans and benefit payments for unfunded plans for fiscal year 2016 were $ 79.3 .\ncontributions for funded plans resulted primarily from contractual and regulatory requirements .\nbenefit payments to unfunded plans were due primarily to the timing of retirements and cost reduction actions .\nwe anticipate contributing $ 65 to $ 85 to the defined benefit pension plans in 2017 .\nthese contributions are anticipated to be driven primarily by contractual and regulatory requirements for funded plans and benefit payments for unfunded plans , which are dependent upon timing of retirements and actions to reorganize the business .\nprojected benefit payments , which reflect expected future service , are as follows: .\n\nTable Data:\n[['', 'u.s .', 'international'], ['2017', '$ 150.3', '$ 45.7'], ['2018', '152.7', '48.3'], ['2019', '157.2', '50.2'], ['2020', '161.8', '51.1'], ['2021', '166.7', '54.3'], ['2022 20132026', '909.6', '306.9']]\n\nFollowing Text:\nthese estimated benefit payments are based on assumptions about future events .\nactual benefit payments may vary significantly from these estimates .\ndefined contribution plans we maintain a nonleveraged employee stock ownership plan ( esop ) which forms part of the air products and chemicals , inc .\nretirement savings plan ( rsp ) .\nthe esop was established in may of 2002 .\nthe balance of the rsp is a qualified defined contribution plan including a 401 ( k ) elective deferral component .\na substantial portion of u.s .\nemployees are eligible and participate .\nwe treat dividends paid on esop shares as ordinary dividends .\nunder existing tax law , we may deduct dividends which are paid with respect to shares held by the plan .\nshares of the company 2019s common stock in the esop totaled 3031534 as of 30 september 2016 .\nour contributions to the rsp include a company core contribution for certain eligible employees who do not receive their primary retirement benefit from the defined benefit pension plans , with the core contribution based .\n\nQuestion: considering the year 2019 , what is the highest projected benefit payment value?",
        "solution": "157.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_83.pdf\n\nID: AAPL/2007/page_83.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 8 2014commitments and contingencies ( continued ) provide renewal options for terms of 3 to 7 additional years .\nleases for retail space are for terms of 5 to 20 years , the majority of which are for 10 years , and often contain multi-year renewal options .\nas of september 29 , 2007 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 1.4 billion , of which $ 1.1 billion related to leases for retail space .\nrent expense under all operating leases , including both cancelable and noncancelable leases , was $ 151 million , $ 138 million , and $ 140 million in 2007 , 2006 , and 2005 , respectively .\nfuture minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 29 , 2007 , are as follows ( in millions ) : fiscal years .\n\nTable Data:\n[['2008', '$ 155'], ['2009', '172'], ['2010', '173'], ['2011', '160'], ['2012', '148'], ['thereafter', '617'], ['total minimum lease payments', '$ 1425']]\n\nFollowing Text:\naccrued warranty and indemnifications the company offers a basic limited parts and labor warranty on its hardware products .\nthe basic warranty period for hardware products is typically one year from the date of purchase by the end-user .\nthe company also offers a 90-day basic warranty for its service parts used to repair the company 2019s hardware products .\nthe company provides currently for the estimated cost that may be incurred under its basic limited product warranties at the time related revenue is recognized .\nfactors considered in determining appropriate accruals for product warranty obligations include the size of the installed base of products subject to warranty protection , historical and projected warranty claim rates , historical and projected cost-per-claim , and knowledge of specific product failures that are outside of the company 2019s typical experience .\nthe company assesses the adequacy of its preexisting warranty liabilities and adjusts the amounts as necessary based on actual experience and changes in future estimates .\nfor products accounted for under subscription accounting pursuant to sop no .\n97-2 , the company recognizes warranty expense as incurred .\nthe company periodically provides updates to its applications and system software to maintain the software 2019s compliance with specifications .\nthe estimated cost to develop such updates is accounted for as warranty costs that are recognized at the time related software revenue is recognized .\nfactors considered in determining appropriate accruals related to such updates include the number of units delivered , the number of updates expected to occur , and the historical cost and estimated future cost of the resources necessary to develop these updates. .\n\nQuestion: what percentage of future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year are due after 2012?",
        "solution": "43%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2012/page_132.pdf\n\nID: HIG/2012/page_132.pdf-3\n\nPrevious Text:\ntable of contents statutory surplus the table below sets forth statutory surplus for the company 2019s insurance companies as of december 31 , 2012 and 2011: .\n\nTable Data:\n[['', '2012', '2011'], ['u.s . life insurance subsidiaries includes domestic captive insurance subsidiaries', '$ 6410', '$ 7388'], ['property and casualty insurance subsidiaries', '7645', '7412'], ['total', '$ 14055', '$ 14800']]\n\nFollowing Text:\nstatutory capital and surplus for the u.s .\nlife insurance subsidiaries , including domestic captive insurance subsidiaries , decreased by $ 978 , primarily due to variable annuity surplus impacts of approximately $ 425 , a $ 200 increase in reserves on a change in valuation basis , $ 200 transfer of the mutual funds business from the u.s .\nlife insurance companies to the life holding company , and an increase in the asset valuation reserve of $ 115 .\nas a result of the january 2013 statutory gain from the sale of the retirement plans and individual life businesses , the company's pro forma january 2 , 2013 u.s .\nlife statutory surplus was estimated to be $ 8.1 billion , before approximately $ 1.5 billion in extraordinary dividends and return of capital to hfsg holding company .\nstatutory capital and surplus for the property and casualty insurance subsidiaries increased by $ 233 , primarily due to statutory net income , after tax , of $ 727 , unrealized gains of $ 249 , and an increase in statutory admitted deferred tax assets of $ 77 , capital contributions of $ 14 , and an increase of statutory admitted assets of $ 7 , partially offset by dividends to the hfsg holding company of $ 841 .\nboth net income and dividends are net of interest payments and dividends , respectively , on an intercompany note between hartford holdings , inc .\nand hartford fire insurance company .\nthe company also holds regulatory capital and surplus for its operations in japan .\nunder the accounting practices and procedures governed by japanese regulatory authorities , the company 2019s statutory capital and surplus was $ 1.1 billion and $ 1.3 billion as of december 31 , 2012 and 2011 , respectively .\nstatutory capital the company 2019s stockholders 2019 equity , as prepared using u.s .\ngenerally accepted accounting principles ( 201cu.s .\ngaap 201d ) was $ 22.4 billion as of december 31 , 2012 .\nthe company 2019s estimated aggregate statutory capital and surplus , as prepared in accordance with the national association of insurance commissioners 2019 accounting practices and procedures manual ( 201cu.s .\nstat 201d ) was $ 14.1 billion as of december 31 , 2012 .\nsignificant differences between u.s .\ngaap stockholders 2019 equity and aggregate statutory capital and surplus prepared in accordance with u.s .\nstat include the following : 2022 u.s .\nstat excludes equity of non-insurance and foreign insurance subsidiaries not held by u.s .\ninsurance subsidiaries .\n2022 costs incurred by the company to acquire insurance policies are deferred under u.s .\ngaap while those costs are expensed immediately under u.s .\n2022 temporary differences between the book and tax basis of an asset or liability which are recorded as deferred tax assets are evaluated for recoverability under u.s .\ngaap while those amounts deferred are subject to limitations under u.s .\nstat .\n2022 the assumptions used in the determination of life benefit reserves is prescribed under u.s .\nstat , while the assumptions used under u.s .\ngaap are generally the company 2019s best estimates .\nthe methodologies for determining life insurance reserve amounts may also be different .\nfor example , reserving for living benefit reserves under u.s .\nstat is generally addressed by the commissioners 2019 annuity reserving valuation methodology and the related actuarial guidelines , while under u.s .\ngaap , those same living benefits may be considered embedded derivatives and recorded at fair value or they may be considered sop 03-1 reserves .\nthe sensitivity of these life insurance reserves to changes in equity markets , as applicable , will be different between u.s .\ngaap and u.s .\nstat .\n2022 the difference between the amortized cost and fair value of fixed maturity and other investments , net of tax , is recorded as an increase or decrease to the carrying value of the related asset and to equity under u.s .\ngaap , while u.s .\nstat only records certain securities at fair value , such as equity securities and certain lower rated bonds required by the naic to be recorded at the lower of amortized cost or fair value .\n2022 u.s .\nstat for life insurance companies establishes a formula reserve for realized and unrealized losses due to default and equity risks associated with certain invested assets ( the asset valuation reserve ) , while u.s .\ngaap does not .\nalso , for those realized gains and losses caused by changes in interest rates , u.s .\nstat for life insurance companies defers and amortizes the gains and losses , caused by changes in interest rates , into income over the original life to maturity of the asset sold ( the interest maintenance reserve ) while u.s .\ngaap does not .\n2022 goodwill arising from the acquisition of a business is tested for recoverability on an annual basis ( or more frequently , as necessary ) for u.s .\ngaap , while under u.s .\nstat goodwill is amortized over a period not to exceed 10 years and the amount of goodwill is limited. .\n\nQuestion: what is the percentage change in statutory surplus from 2011 to 2012?",
        "solution": "-5.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LLY/2018/page_75.pdf\n\nID: LLY/2018/page_75.pdf-4\n\nPrevious Text:\nshareholder value award program svas are granted to officers and management and are payable in shares of our common stock .\nthe number of shares actually issued , if any , varies depending on our stock price at the end of the three-year vesting period compared to pre-established target stock prices .\nwe measure the fair value of the sva unit on the grant date using a monte carlo simulation model .\nthe model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair value of the award .\nexpected volatilities utilized in the model are based on implied volatilities from traded options on our stock , historical volatility of our stock price , and other factors .\nsimilarly , the dividend yield is based on historical experience and our estimate of future dividend yields .\nthe risk-free interest rate is derived from the u.s .\ntreasury yield curve in effect at the time of grant .\nthe weighted-average fair values of the sva units granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 48.51 , $ 66.25 , and $ 48.68 , respectively , determined using the following assumptions: .\n\nTable Data:\n[['( percents )', '2018', '2017', '2016'], ['expected dividend yield', '2.50% ( 2.50 % )', '2.50% ( 2.50 % )', '2.00% ( 2.00 % )'], ['risk-free interest rate', '2.31', '1.38', '0.92'], ['volatility', '22.26', '22.91', '21.68']]\n\nFollowing Text:\npursuant to this program , approximately 0.7 million shares , 1.1 million shares , and 1.0 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively .\napproximately 1.0 million shares are expected to be issued in 2019 .\nas of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested svas was $ 55.7 million , which will be amortized over the weighted-average remaining requisite service period of 20 months .\nrestricted stock units rsus are granted to certain employees and are payable in shares of our common stock .\nrsu shares are accounted for at fair value based upon the closing stock price on the date of grant .\nthe corresponding expense is amortized over the vesting period , typically three years .\nthe fair values of rsu awards granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 70.95 , $ 72.47 , and $ 71.46 , respectively .\nthe number of shares ultimately issued for the rsu program remains constant with the exception of forfeitures .\npursuant to this program , 1.3 million , 1.4 million , and 1.3 million shares were granted and approximately 1.0 million , 0.9 million , and 0.6 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively .\napproximately 0.8 million shares are expected to be issued in 2019 .\nas of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested rsus was $ 112.2 million , which will be amortized over the weighted- average remaining requisite service period of 21 months .\nnote 12 : shareholders' equity during 2018 , 2017 , and 2016 , we repurchased $ 4.15 billion , $ 359.8 million and $ 540.1 million , respectively , of shares associated with our share repurchase programs .\na payment of $ 60.0 million was made in 2016 for shares repurchased in 2017 .\nduring 2018 , we repurchased $ 2.05 billion of shares , which completed the $ 5.00 billion share repurchase program announced in october 2013 and our board authorized an $ 8.00 billion share repurchase program .\nthere were $ 2.10 billion repurchased under the $ 8.00 billion program in 2018 .\nas of december 31 , 2018 , there were $ 5.90 billion of shares remaining under the 2018 program .\nwe have 5.0 million authorized shares of preferred stock .\nas of december 31 , 2018 and 2017 , no preferred stock was issued .\nwe have an employee benefit trust that held 50.0 million shares of our common stock at both december 31 , 2018 and 2017 , to provide a source of funds to assist us in meeting our obligations under various employee benefit plans .\nthe cost basis of the shares held in the trust was $ 3.01 billion at both december 31 , 2018 and 2017 , and is shown as a reduction of shareholders 2019 equity .\nany dividend transactions between us and the trust are eliminated .\nstock held by the trust is not considered outstanding in the computation of eps .\nthe assets of the trust were not used to fund any of our obligations under these employee benefit plans during the years ended december 31 , 2018 , 2017 , and .\n\nQuestion: what was the percent of the change in the fair values of rsu awards granted from 2016 to 2017",
        "solution": "1.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CMCSA/2015/page_150.pdf\n\nID: CMCSA/2015/page_150.pdf-1\n\nPrevious Text:\nnbcuniversal media , llc consolidated statement of comprehensive income .\n\nTable Data:\n[['year ended december 31 ( in millions )', '2015', '2014', '2013'], ['net income', '$ 3624', '$ 3297', '$ 2122'], ['deferred gains ( losses ) on cash flow hedges net', '-21 ( 21 )', '25', '-5 ( 5 )'], ['employee benefit obligations net', '60', '-106 ( 106 )', '95'], ['currency translation adjustments net', '-121 ( 121 )', '-62 ( 62 )', '-41 ( 41 )'], ['comprehensive income', '3542', '3154', '2171'], ['net ( income ) loss attributable to noncontrolling interests', '-210 ( 210 )', '-182 ( 182 )', '-154 ( 154 )'], ['other comprehensive ( income ) loss attributable to noncontrolling interests', '29', '2014', '2014'], ['comprehensive income attributable to nbcuniversal', '$ 3361', '$ 2972', '$ 2017']]\n\nFollowing Text:\nsee accompanying notes to consolidated financial statements .\n147 comcast 2015 annual report on form 10-k .\n\nQuestion: what is the percentage change in comprehensive income attributable to nbcuniversal from 2013 to 2014?",
        "solution": "47%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2009/page_62.pdf\n\nID: PNC/2009/page_62.pdf-3\n\nPrevious Text:\nblackrock information related to our equity investment in blackrock follows: .\n\nTable Data:\n[['', '2009', '2008'], ['business segment earnings ( in millions ) ( a )', '$ 207', '$ 207'], ['pnc 2019s share of blackrock earnings ( b )', '23% ( 23 % )', '33% ( 33 % )'], ['carrying value of pnc 2019s investment in blackrock ( in billions ) ( b )', '$ 5.8', '$ 4.2']]\n\nFollowing Text:\ncarrying value of pnc 2019s investment in blackrock ( in billions ) ( b ) $ 5.8 $ 4.2 ( a ) includes pnc 2019s share of blackrock 2019s reported gaap earnings and additional income taxes on those earnings incurred by pnc .\n( b ) at december 31 .\nblackrock/barclays global investors transaction on december 1 , 2009 , blackrock acquired bgi from barclays bank plc in exchange for approximately $ 6.65 billion in cash and 37566771 shares of blackrock common and participating preferred stock .\nin connection with the bgi transaction , blackrock entered into amendments to stockholder agreements with pnc and its other major shareholder .\nthese amendments , which changed certain shareholder rights , including composition of the blackrock board of directors and share transfer restrictions , became effective upon closing of the bgi transaction .\nalso in connection with the bgi transaction , blackrock entered into a stock purchase agreement with pnc in which we purchased 3556188 shares of blackrock 2019s series d preferred stock at a price of $ 140.60 per share , or $ 500 million , to partially finance the transaction .\non january 31 , 2010 , the series d preferred stock was converted to series b preferred stock .\nupon closing of the bgi transaction , the carrying value of our investment in blackrock increased significantly , reflecting our portion of the increase in blackrock 2019s equity resulting from the value of blackrock shares issued in connection with their acquisition of bgi .\npnc recognized this increase in value as a $ 1.076 billion pretax gain in the fourth quarter of 2009 .\nat december 31 , 2009 , our percentage ownership of blackrock common stock was approximately 35% ( 35 % ) .\nblackrock ltip programs and exchange agreements pnc 2019s noninterest income included pretax gains of $ 98 million in 2009 and $ 243 million in 2008 related to our blackrock ltip shares obligation .\nthese gains represented the mark-to-market adjustment related to our remaining blackrock ltip common shares obligation and resulted from the decrease in the market value of blackrock common shares in those periods .\nas previously reported , pnc entered into an exchange agreement with blackrock on december 26 , 2008 .\nthe transactions that resulted from this agreement restructured pnc 2019s ownership of blackrock equity without altering , to any meaningful extent , pnc 2019s economic interest in blackrock .\npnc continues to be subject to the limitations on its voting rights in its existing agreements with blackrock .\nalso on december 26 , 2008 , blackrock entered into an exchange agreement with merrill lynch in anticipation of the consummation of the merger of bank of america corporation and merrill lynch that occurred on january 1 , 2009 .\nthe pnc and merrill lynch exchange agreements restructured pnc 2019s and merrill lynch 2019s respective ownership of blackrock common and preferred equity .\nthe exchange contemplated by these agreements was completed on february 27 , 2009 .\non that date , pnc 2019s obligation to deliver blackrock common shares was replaced with an obligation to deliver shares of blackrock 2019s new series c preferred stock .\npnc acquired 2.9 million shares of series c preferred stock from blackrock in exchange for common shares on that same date .\npnc accounts for these preferred shares at fair value , which offsets the impact of marking-to-market the obligation to deliver these shares to blackrock as we aligned the fair value marks on this asset and liability .\nthe fair value of the blackrock series c preferred stock is included on our consolidated balance sheet in other assets .\nadditional information regarding the valuation of the blackrock series c preferred stock is included in note 8 fair value in the notes to consolidated financial statements included in item 8 of this report .\npnc accounts for its remaining investment in blackrock under the equity method of accounting , with its share of blackrock 2019s earnings reduced primarily due to the exchange of blackrock common stock for blackrock series c preferred stock .\nthe series c preferred stock is not taken into consideration in determining pnc 2019s share of blackrock earnings under the equity method .\npnc 2019s percentage ownership of blackrock common stock increased as a result of the substantial exchange of merrill lynch 2019s blackrock common stock for blackrock preferred stock .\nas a result of the blackrock preferred stock held by merrill lynch and the new blackrock preferred stock issued to merrill lynch and pnc under the exchange agreements , pnc 2019s share of blackrock common stock is higher than its overall share of blackrock 2019s equity and earnings .\nthe transactions related to the exchange agreements do not affect our right to receive dividends declared by blackrock. .\n\nQuestion: what was pnc's total carrying value from 2008-09 from its investment in blackrock , in billions?",
        "solution": "10"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2010/page_138.pdf\n\nID: RE/2010/page_138.pdf-5\n\nPrevious Text:\na reconciliation of the beginning and ending amount of unrecognized tax benefits , for the periods indicated , is as follows: .\n\nTable Data:\n[['( dollars in thousands )', '2010', '2009', '2008'], ['balance at january 1', '$ 29010', '$ 34366', '$ 29132'], ['additions based on tax positions related to the current year', '7119', '6997', '5234'], ['additions for tax positions of prior years', '-', '-', '-'], ['reductions for tax positions of prior years', '-', '-', '-'], ['settlements with taxing authorities', '-12356 ( 12356 )', '-12353 ( 12353 )', '-'], ['lapses of applicable statutes of limitations', '-', '-', '-'], ['balance at december 31', '$ 23773', '$ 29010', '$ 34366']]\n\nFollowing Text:\nthe entire amount of the unrecognized tax benefits would affect the effective tax rate if recognized .\nin 2010 , the company favorably settled a 2003 and 2004 irs audit .\nthe company recorded a net overall tax benefit including accrued interest of $ 25920 thousand .\nin addition , the company was also able to take down a $ 12356 thousand fin 48 reserve that had been established regarding the 2003 and 2004 irs audit .\nthe company is no longer subject to u.s .\nfederal , state and local or foreign income tax examinations by tax authorities for years before 2007 .\nthe company recognizes accrued interest related to net unrecognized tax benefits and penalties in income taxes .\nduring the years ended december 31 , 2010 , 2009 and 2008 , the company accrued and recognized a net expense ( benefit ) of approximately $ ( 9938 ) thousand , $ 1563 thousand and $ 2446 thousand , respectively , in interest and penalties .\nincluded within the 2010 net expense ( benefit ) of $ ( 9938 ) thousand is $ ( 10591 ) thousand of accrued interest related to the 2003 and 2004 irs audit .\nthe company is not aware of any positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within twelve months of the reporting date .\nfor u.s .\nincome tax purposes the company has foreign tax credit carryforwards of $ 55026 thousand that begin to expire in 2014 .\nin addition , for u.s .\nincome tax purposes the company has $ 41693 thousand of alternative minimum tax credits that do not expire .\nmanagement believes that it is more likely than not that the company will realize the benefits of its net deferred tax assets and , accordingly , no valuation allowance has been recorded for the periods presented .\ntax benefits of $ 629 thousand and $ 1714 thousand related to share-based compensation deductions for stock options exercised in 2010 and 2009 , respectively , are included within additional paid-in capital of the shareholders 2019 equity section of the consolidated balance sheets. .\n\nQuestion: in 2010 what was the percentage change in the unrecognized tax benefits,",
        "solution": "-18.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2017/page_72.pdf\n\nID: GPN/2017/page_72.pdf-2\n\nPrevious Text:\norganizations evaluate whether transactions should be accounted for as acquisitions ( or disposals ) of assets or businesses , with the expectation that fewer will qualify as acquisitions ( or disposals ) of businesses .\nthe asu became effective for us on january 1 , 2018 .\nthese amendments will be applied prospectively from the date of adoption .\nthe effect of asu 2017-01 will be dependent upon the nature of future acquisitions or dispositions that we make , if any .\nin october 2016 , the fasb issued asu 2016-16 , 201cincome taxes ( topic 740 ) : intra-entity transfers of assets other than inventory . 201d the amendments in this update state that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory , such as intellectual property and property and equipment , when the transfer occurs .\nwe will adopt asu 2016-16 effective january 1 , 2018 with no expected effect on our consolidated financial statements .\nin june 2016 , the fasb issued asu 2016-13 , 201cfinancial instruments - credit losses ( topic 326 ) : measurement of credit losses on financial instruments . 201d the amendments in this update change how companies measure and recognize credit impairment for many financial assets .\nthe new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets ( including trade receivables ) that are in the scope of the update .\nthe update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees .\nthe guidance will become effective for us on january 1 , 2020 .\nearly adoption is permitted for periods beginning on or after january 1 , 2019 .\nwe are evaluating the effect of asu 2016-13 on our consolidated financial statements .\nin january 2016 , the fasb issued asu 2016-01 , 201cfinancial instruments - overall ( subtopic 825-10 ) : recognition and measurement of financial assets and financial liabilities . 201d the amendments in this update address certain aspects of recognition , measurement , presentation and disclosure of financial instruments .\nthe amendments in this update supersede the guidance to classify equity securities with readily determinable fair values into different categories ( that is , trading or available-for-sale ) and require equity securities ( including other ownership interests , such as partnerships , unincorporated joint ventures and limited liability companies ) to be measured at fair value with changes in the fair value recognized through earnings .\nequity investments that are accounted for under the equity method of accounting or result in consolidation of an investee are not included within the scope of this update .\nthe amendments allow equity investments that do not have readily determinable fair values to be remeasured at fair value either upon the occurrence of an observable price change or upon identification of an impairment .\nthe amendments also require enhanced disclosures about those investments .\nwe will adopt asu 2016-01 effective january 1 , 2018 with no expected effect on our consolidated financial statements .\nnote 2 2014 acquisitions active network we acquired the communities and sports divisions of athlaction topco , llc ( 201cactive network 201d ) on september 1 , 2017 , for total purchase consideration of $ 1.2 billion .\nactive network delivers cloud-based enterprise software , including payment technology solutions , to event organizers in the communities and health and fitness markets .\nthis acquisition aligns with our technology-enabled , software driven strategy and adds an enterprise software business operating in two additional vertical markets that we believe offer attractive growth fundamentals .\nthe following table summarizes the cash and non-cash components of the consideration transferred on september 1 , 2017 ( in thousands ) : .\n\nTable Data:\n[['cash consideration paid to active network stockholders', '$ 599497'], ['fair value of global payments common stock issued to active network stockholders', '572079'], ['total purchase consideration', '$ 1171576']]\n\nFollowing Text:\nwe funded the cash portion of the total purchase consideration primarily by drawing on our revolving credit facility ( described in 201cnote 7 2014 long-term debt and lines of credit 201d ) .\nthe acquisition-date fair value of 72 2013 global payments inc .\n| 2017 form 10-k annual report .\n\nQuestion: what portion of the total purchase consideration is paid in cash?",
        "solution": "51.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2013/page_66.pdf\n\nID: PNC/2013/page_66.pdf-1\n\nPrevious Text:\ntable 20 : pro forma transitional basel iii tier 1 common capital ratio dollars in millions december 31 .\n\nTable Data:\n[['dollars in millions', 'december 31 2013'], ['basel i tier 1 common capital', '$ 28484'], ['less phased-in regulatory capital adjustments:', ''], ['basel iii quantitative limits', '-228 ( 228 )'], ['accumulated other comprehensive income ( a )', '39'], ['other intangibles', '381'], ['all other adjustments', '210'], ['estimated basel iii transitional tier 1 common capital ( with 2014 phase-ins )', '$ 28886'], ['basel i risk-weighted assets calculated as applicable for 2014', '272321'], ['pro forma basel iii transitional tier 1 common capital ratio ( with 2014phase-ins )', '10.6% ( 10.6 % )']]\n\nFollowing Text:\nestimated basel iii transitional tier 1 common capital ( with 2014 phase-ins ) $ 28886 basel i risk-weighted assets calculated as applicable for 2014 272321 pro forma basel iii transitional tier 1 common capital ratio ( with 2014 phase-ins ) 10.6% ( 10.6 % ) ( a ) represents net adjustments related to accumulated other comprehensive income for available for sale securities and pension and other postretirement benefit plans .\npnc utilizes these fully implemented and transitional basel iii capital ratios to assess its capital position , including comparison to similar estimates made by other financial institutions .\nthese basel iii capital estimates are likely to be impacted by any additional regulatory guidance , continued analysis by pnc as to the application of the rules to pnc , and in the case of ratios calculated using the advanced approaches , the ongoing evolution , validation and regulatory approval of pnc 2019s models integral to the calculation of advanced approaches risk-weighted assets .\nthe access to and cost of funding for new business initiatives , the ability to undertake new business initiatives including acquisitions , the ability to engage in expanded business activities , the ability to pay dividends or repurchase shares or other capital instruments , the level of deposit insurance costs , and the level and nature of regulatory oversight depend , in large part , on a financial institution 2019s capital strength .\nwe provide additional information regarding enhanced capital requirements and some of their potential impacts on pnc in item 1 business 2013 supervision and regulation , item 1a risk factors and note 22 regulatory matters in the notes to consolidated financial statements in item 8 of this report .\noff-balance sheet arrangements and variable interest entities we engage in a variety of activities that involve unconsolidated entities or that are otherwise not reflected in our consolidated balance sheet that are generally referred to as 201coff-balance sheet arrangements . 201d additional information on these types of activities is included in the following sections of this report : 2022 commitments , including contractual obligations and other commitments , included within the risk management section of this item 7 , 2022 note 3 loan sale and servicing activities and variable interest entities in the notes to consolidated financial statements included in item 8 of this report , 2022 note 14 capital securities of subsidiary trusts and perpetual trust securities in the notes to consolidated financial statements included in item 8 of this report , and 2022 note 24 commitments and guarantees in the notes to consolidated financial statements included in item 8 of this report .\npnc consolidates variable interest entities ( vies ) when we are deemed to be the primary beneficiary .\nthe primary beneficiary of a vie is determined to be the party that meets both of the following criteria : ( i ) has the power to make decisions that most significantly affect the economic performance of the vie ; and ( ii ) has the obligation to absorb losses or the right to receive benefits that in either case could potentially be significant to the vie .\na summary of vies , including those that we have consolidated and those in which we hold variable interests but have not consolidated into our financial statements , as of december 31 , 2013 and december 31 , 2012 is included in note 3 in the notes to consolidated financial statements included in item 8 of this report .\ntrust preferred securities and reit preferred securities we are subject to certain restrictions , including restrictions on dividend payments , in connection with $ 206 million in principal amount of an outstanding junior subordinated debenture associated with $ 200 million of trust preferred securities ( both amounts as of december 31 , 2013 ) that were issued by pnc capital trust c , a subsidiary statutory trust .\ngenerally , if there is ( i ) an event of default under the debenture , ( ii ) pnc elects to defer interest on the debenture , ( iii ) pnc exercises its right to defer payments on the related trust preferred security issued by the statutory trust , or ( iv ) there is a default under pnc 2019s guarantee of such payment obligations , as specified in the applicable governing documents , then pnc would be subject during the period of such default or deferral to restrictions on dividends and other provisions protecting the status of the debenture holders similar to or in some ways more restrictive than those potentially imposed under the exchange agreement with pnc preferred funding trust ii .\nsee note 14 capital securities of subsidiary trusts and perpetual trust securities in the notes to consolidated financial statements in item 8 of this report for additional information on contractual limitations on dividend payments resulting from securities issued by pnc preferred funding trust i and pnc preferred funding trust ii .\nsee the liquidity risk management portion of the risk management section of this item 7 for additional information regarding our first quarter 2013 redemption of the reit preferred securities issued by pnc preferred funding trust iii and additional discussion of redemptions of trust preferred securities .\n48 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: for 2013 , in millions , what was the total of other intangibles and all other adjustments?",
        "solution": "591"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2004/page_83.pdf\n\nID: AAPL/2004/page_83.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 4 2014acquisitions ( continued ) acquisition of emagic gmbh during the fourth quarter of 2002 , the company acquired emagic gmbh ( emagic ) , a provider of professional software solutions for computer based music production , for approximately $ 30 million in cash ; $ 26 million of which was paid immediately upon closing of the deal and $ 4 million of which was held-back for future payment contingent on continued employment by certain employees that would be allocated to future compensation expense in the appropriate periods over the following 3 years .\nduring fiscal 2003 , contingent consideration totaling $ 1.3 million was paid .\nthe acquisition has been accounted for as a purchase .\nthe portion of the purchase price allocated to purchased in-process research and development ( ipr&d ) was expensed immediately , and the portion of the purchase price allocated to acquired technology and to tradename will be amortized over their estimated useful lives of 3 years .\ngoodwill associated with the acquisition of emagic is not subject to amortization pursuant to the provisions of sfas no .\n142 .\ntotal consideration was allocated as follows ( in millions ) : .\n\nTable Data:\n[['net tangible assets acquired', '$ 2.3'], ['acquired technology', '3.8'], ['tradename', '0.8'], ['in-process research and development', '0.5'], ['goodwill', '18.6'], ['total consideration', '$ 26.0']]\n\nFollowing Text:\nthe amount of the purchase price allocated to ipr&d was expensed upon acquisition , because the technological feasibility of products under development had not been established and no alternative future uses existed .\nthe ipr&d relates primarily to emagic 2019s logic series technology and extensions .\nat the date of the acquisition , the products under development were between 43%-83% ( 43%-83 % ) complete , and it was expected that the remaining work would be completed during the company 2019s fiscal 2003 at a cost of approximately $ 415000 .\nthe remaining efforts , which were completed in 2003 , included finalizing user interface design and development , and testing .\nthe fair value of the ipr&d was determined using an income approach , which reflects the projected free cash flows that will be generated by the ipr&d projects and that are attributable to the acquired technology , and discounting the projected net cash flows back to their present value using a discount rate of 25% ( 25 % ) .\nacquisition of certain assets of zayante , inc. , prismo graphics , and silicon grail during fiscal 2002 the company acquired certain technology and patent rights of zayante , inc. , prismo graphics , and silicon grail corporation for a total of $ 20 million in cash .\nthese transactions have been accounted for as asset acquisitions .\nthe purchase price for these asset acquisitions , except for $ 1 million identified as contingent consideration which would be allocated to compensation expense over the following 3 years , has been allocated to acquired technology and would be amortized on a straight-line basis over 3 years , except for certain assets acquired from zayante associated with patent royalty streams that would be amortized over 10 years .\nacquisition of nothing real , llc during the second quarter of 2002 , the company acquired certain assets of nothing real , llc ( nothing real ) , a privately-held company that develops and markets high performance tools designed for the digital image creation market .\nof the $ 15 million purchase price , the company has allocated $ 7 million to acquired technology , which will be amortized over its estimated life of 5 years .\nthe remaining $ 8 million , which has been identified as contingent consideration , rather than recorded as an additional component of .\n\nQuestion: during the fourth quarter of 2002 , the company acquired emagic gmbh ( emagic ) , a provider of professional software solutions for computer based music production , for approximately $ 30 million in cash . what percentage of the purchase price was paid immediately upon closing of the deal?",
        "solution": "86.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2005/page_64.pdf\n\nID: MSI/2005/page_64.pdf-4\n\nPrevious Text:\n57management's discussion and analysis of financial condition and results of operations facility include covenants relating to net interest coverage and total debt-to-book capitalization ratios .\nthe company was in compliance with the terms of the 3-year credit facility at december 31 , 2005 .\nthe company has never borrowed under its domestic revolving credit facilities .\nutilization of the non-u.s .\ncredit facilities may also be dependent on the company's ability to meet certain conditions at the time a borrowing is requested .\ncontractual obligations , guarantees , and other purchase commitments contractual obligations summarized in the table below are the company's obligations and commitments to make future payments under debt obligations ( assuming earliest possible exercise of put rights by holders ) , lease payment obligations , and purchase obligations as of december 31 , 2005 .\npayments due by period ( 1 ) ( in millions ) total 2006 2007 2008 2009 2010 thereafter .\n\nTable Data:\n[['( in millions )', 'payments due by period ( 1 ) total', 'payments due by period ( 1 ) 2006', 'payments due by period ( 1 ) 2007', 'payments due by period ( 1 ) 2008', 'payments due by period ( 1 ) 2009', 'payments due by period ( 1 ) 2010', 'payments due by period ( 1 ) thereafter'], ['long-term debt obligations', '$ 4033', '$ 119', '$ 1222', '$ 200', '$ 2', '$ 529', '$ 1961'], ['lease obligations', '1150', '438', '190', '134', '109', '84', '195'], ['purchase obligations', '992', '418', '28', '3', '2', '2', '539'], ['total contractual obligations', '$ 6175', '$ 975', '$ 1440', '$ 337', '$ 113', '$ 615', '$ 2695']]\n\nFollowing Text:\n( 1 ) amounts included represent firm , non-cancelable commitments .\ndebt obligations : at december 31 , 2005 , the company's long-term debt obligations , including current maturities and unamortized discount and issue costs , totaled $ 4.0 billion , as compared to $ 5.0 billion at december 31 , 2004 .\na table of all outstanding long-term debt securities can be found in note 4 , \"\"debt and credit facilities'' to the company's consolidated financial statements .\nas previously discussed , the decrease in the long- term debt obligations as compared to december 31 , 2004 , was due to the redemptions and repurchases of $ 1.0 billion principal amount of outstanding securities during 2005 .\nalso , as previously discussed , the remaining $ 118 million of 7.6% ( 7.6 % ) notes due january 1 , 2007 were reclassified to current maturities of long-term debt .\nlease obligations : the company owns most of its major facilities , but does lease certain office , factory and warehouse space , land , and information technology and other equipment under principally non-cancelable operating leases .\nat december 31 , 2005 , future minimum lease obligations , net of minimum sublease rentals , totaled $ 1.2 billion .\nrental expense , net of sublease income , was $ 254 million in 2005 , $ 217 million in 2004 and $ 223 million in 2003 .\npurchase obligations : the company has entered into agreements for the purchase of inventory , license of software , promotional agreements , and research and development agreements which are firm commitments and are not cancelable .\nthe longest of these agreements extends through 2015 .\ntotal payments expected to be made under these agreements total $ 992 million .\ncommitments under other long-term agreements : the company has entered into certain long-term agreements to purchase software , components , supplies and materials from suppliers .\nmost of the agreements extend for periods of one to three years ( three to five years for software ) .\nhowever , generally these agreements do not obligate the company to make any purchases , and many permit the company to terminate the agreement with advance notice ( usually ranging from 60 to 180 days ) .\nif the company were to terminate these agreements , it generally would be liable for certain termination charges , typically based on work performed and supplier on-hand inventory and raw materials attributable to canceled orders .\nthe company's liability would only arise in the event it terminates the agreements for reasons other than \"\"cause.'' in 2003 , the company entered into outsourcing contracts for certain corporate functions , such as benefit administration and information technology related services .\nthese contracts generally extend for 10 years and are expected to expire in 2013 .\nthe total payments under these contracts are approximately $ 3 billion over 10 years ; however , these contracts can be terminated .\ntermination would result in a penalty substantially less than the annual contract payments .\nthe company would also be required to find another source for these services , including the possibility of performing them in-house .\nas is customary in bidding for and completing network infrastructure projects and pursuant to a practice the company has followed for many years , the company has a number of performance/bid bonds and standby letters of credit outstanding , primarily relating to projects of government and enterprise mobility solutions segment and the networks segment .\nthese instruments normally have maturities of up to three years and are standard in the .\n\nQuestion: in 2007 what was the percent of the total long-term debt obligations",
        "solution": "30.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APTV/2015/page_47.pdf\n\nID: APTV/2015/page_47.pdf-3\n\nPrevious Text:\ntable of contents item 1b .\nunresolved staff comments we have no unresolved sec staff comments to report .\nitem 2 .\nproperties as of december 31 , 2015 , we owned or leased 126 major manufacturing sites and 14 major technical centers .\na manufacturing site may include multiple plants and may be wholly or partially owned or leased .\nwe also have many smaller manufacturing sites , sales offices , warehouses , engineering centers , joint ventures and other investments strategically located throughout the world .\nwe have a presence in 44 countries .\nthe following table shows the regional distribution of our major manufacturing sites by the operating segment that uses such facilities : north america europe , middle east & africa asia pacific south america total .\n\nTable Data:\n[['', 'north america', 'europemiddle east& africa', 'asia pacific', 'south america', 'total'], ['electrical/electronic architecture', '30', '32', '25', '5', '92'], ['powertrain systems', '4', '10', '5', '2', '21'], ['electronics and safety', '3', '7', '3', '2014', '13'], ['total', '37', '49', '33', '7', '126']]\n\nFollowing Text:\nin addition to these manufacturing sites , we had 14 major technical centers : four in north america ; five in europe , middle east and africa ; four in asia pacific ; and one in south america .\nof our 126 major manufacturing sites and 14 major technical centers , which include facilities owned or leased by our consolidated subsidiaries , 77 are primarily owned and 63 are primarily leased .\nwe frequently review our real estate portfolio and develop footprint strategies to support our customers 2019 global plans , while at the same time supporting our technical needs and controlling operating expenses .\nwe believe our evolving portfolio will meet current and anticipated future needs .\nitem 3 .\nlegal proceedings we are from time to time subject to various actions , claims , suits , government investigations , and other proceedings incidental to our business , including those arising out of alleged defects , breach of contracts , competition and antitrust matters , product warranties , intellectual property matters , personal injury claims and employment-related matters .\nit is our opinion that the outcome of such matters will not have a material adverse impact on our consolidated financial position , results of operations , or cash flows .\nwith respect to warranty matters , although we cannot ensure that the future costs of warranty claims by customers will not be material , we believe our established reserves are adequate to cover potential warranty settlements .\nhowever , the final amounts required to resolve these matters could differ materially from our recorded estimates .\ngm ignition switch recall in the first quarter of 2014 , gm , delphi 2019s largest customer , initiated a product recall related to ignition switches .\ndelphi received requests for information from , and cooperated with , various government agencies related to this ignition switch recall .\nin addition , delphi was initially named as a co-defendant along with gm ( and in certain cases other parties ) in class action and product liability lawsuits related to this matter .\nas of december 31 , 2015 , delphi was not named as a defendant in any class action complaints .\nalthough no assurances can be made as to the ultimate outcome of these or any other future claims , delphi does not believe a loss is probable and , accordingly , no reserve has been made as of december 31 , 2015 .\nunsecured creditors litigation the fourth amended and restated limited liability partnership agreement of delphi automotive llp ( the 201cfourth llp agreement 201d ) was entered into on july 12 , 2011 by the members of delphi automotive llp in order to position the company for its initial public offering .\nunder the terms of the fourth llp agreement , if cumulative distributions to the members of delphi automotive llp under certain provisions of the fourth llp agreement exceed $ 7.2 billion , delphi , as disbursing agent on behalf of dphh , is required to pay to the holders of allowed general unsecured claims against dphh $ 32.50 for every $ 67.50 in excess of $ 7.2 billion distributed to the members , up to a maximum amount of $ 300 million .\nin december 2014 , a complaint was filed in the bankruptcy court alleging that the redemption by delphi automotive llp of the membership interests of gm and the pbgc , and the repurchase of shares and payment of dividends by delphi automotive plc , constituted distributions under the terms of the fourth llp agreement approximating $ 7.2 billion .\ndelphi considers cumulative .\n\nQuestion: what is the percentage of electrical/electronic architecture sites among all sites?",
        "solution": "73.01%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2016/page_141.pdf\n\nID: RE/2016/page_141.pdf-1\n\nPrevious Text:\nduring the fixed rate interest period from may 3 , 2007 through may 14 , 2017 , interest will be at the annual rate of 6.6% ( 6.6 % ) , payable semi-annually in arrears on november 15 and may 15 of each year , commencing on november 15 , 2007 , subject to holdings 2019 right to defer interest on one or more occasions for up to ten consecutive years .\nduring the floating rate interest period from may 15 , 2017 through maturity , interest will be based on the 3 month libor plus 238.5 basis points , reset quarterly , payable quarterly in arrears on february 15 , may 15 , august 15 and november 15 of each year , subject to holdings 2019 right to defer interest on one or more occasions for up to ten consecutive years .\ndeferred interest will accumulate interest at the applicable rate compounded semi-annually for periods prior to may 15 , 2017 , and compounded quarterly for periods from and including may 15 , 2017 .\nholdings can redeem the long term subordinated notes prior to may 15 , 2017 , in whole but not in part at the applicable redemption price , which will equal the greater of ( a ) 100% ( 100 % ) of the principal amount being redeemed and ( b ) the present value of the principal payment on may 15 , 2017 and scheduled payments of interest that would have accrued from the redemption date to may 15 , 2017 on the long term subordinated notes being redeemed , discounted to the redemption date on a semi-annual basis at a discount rate equal to the treasury rate plus an applicable spread of either 0.25% ( 0.25 % ) or 0.50% ( 0.50 % ) , in each case plus accrued and unpaid interest .\nholdings may redeem the long term subordinated notes on or after may 15 , 2017 , in whole or in part at 100% ( 100 % ) of the principal amount plus accrued and unpaid interest ; however , redemption on or after the scheduled maturity date and prior to may 1 , 2047 is subject to a replacement capital covenant .\nthis covenant is for the benefit of certain senior note holders and it mandates that holdings receive proceeds from the sale of another subordinated debt issue , of at least similar size , before it may redeem the subordinated notes .\neffective upon the maturity of the company 2019s 5.40% ( 5.40 % ) senior notes on october 15 , 2014 , the company 2019s 4.868% ( 4.868 % ) senior notes , due on june 1 , 2044 , have become the company 2019s long term indebtedness that ranks senior to the long term subordinated notes .\non march 19 , 2009 , group announced the commencement of a cash tender offer for any and all of the 6.60% ( 6.60 % ) fixed to floating rate long term subordinated notes .\nupon expiration of the tender offer , the company had reduced its outstanding debt by $ 161441 thousand .\ninterest expense incurred in connection with these long term subordinated notes is as follows for the periods indicated: .\n\nTable Data:\n[['( dollars in thousands )', 'years ended december 31 , 2016', 'years ended december 31 , 2015', 'years ended december 31 , 2014'], ['interest expense incurred', '$ 15749', '$ 15749', '$ 15749']]\n\nFollowing Text:\n8 .\ncollateralized 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 .\nat december 31 , 2016 , the total amount on deposit in trust accounts was $ 466029 thousand .\nthe company reinsures some of its catastrophe exposures with the segregated accounts of mt .\nlogan re .\nmt .\nlogan re is a class 3 insurer registered in bermuda effective february 27 , 2013 under the segregated accounts companies act 2000 and 100% ( 100 % ) of the voting common shares are owned by group .\nseparate segregated accounts for mt .\nlogan re began being established effective july 1 , 2013 and non-voting , redeemable preferred shares have been issued to capitalize the segregated accounts .\neach segregated account invests predominately in a diversified set of catastrophe exposures , diversified by risk/peril and across different geographic regions globally. .\n\nQuestion: what was the total interest expense incurred associated with the long term subordinated notes from 2014 to 2016 in thousands of dollars",
        "solution": "47247"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EMN/2007/page_129.pdf\n\nID: EMN/2007/page_129.pdf-2\n\nPrevious Text:\nnotes to the audited consolidated financial statements for 2007 , 2006 , and 2005 , total share-based compensation expense ( before tax ) of approximately $ 26 million , $ 29 million , and $ 22 million , respectively , was recognized in selling , general and administrative expense in the consolidated statement of earnings for all share-based awards of which approximately $ 13 million , $ 17 million , and $ 5 million , respectively , related to stock options .\nsfas no .\n123 ( r ) requires that compensation expense is recognized over the substantive vesting period , which may be a shorter time period than the stated vesting period for retirement-eligible employees .\nfor 2007 and 2006 , approximately $ 3 million and $ 8 million , respectively , of stock option compensation expense were recognized due to retirement eligibility preceding the requisite vesting period .\nstock option awards option awards are granted on an annual basis to non-employee directors and to employees who meet certain eligibility requirements .\noption awards have an exercise price equal to the closing price of the company's stock on the date of grant .\nthe term life of options is ten years with vesting periods that vary up to three years .\nvesting usually occurs ratably over the vesting period or at the end of the vesting period .\nthe company utilizes the black scholes merton ( \"bsm\" ) option valuation model which relies on certain assumptions to estimate an option's fair value .\nthe weighted average assumptions used in the determination of fair value for stock options awarded in 2007 , 2006 , and 2005 are provided in the table below: .\n\nTable Data:\n[['assumptions', '2007', '2006', '2005'], ['expected volatility rate', '20.80% ( 20.80 % )', '21.40% ( 21.40 % )', '22.90% ( 22.90 % )'], ['expected dividend yield', '2.92% ( 2.92 % )', '3.24% ( 3.24 % )', '3.29% ( 3.29 % )'], ['average risk-free interest rate', '4.24% ( 4.24 % )', '4.62% ( 4.62 % )', '4.48% ( 4.48 % )'], ['expected forfeiture rate', '0.75% ( 0.75 % )', '0.75% ( 0.75 % )', 'actual'], ['expected term years', '4.40', '4.40', '5.00']]\n\nFollowing Text:\nthe volatility rate of grants is derived from historical company common stock price volatility over the same time period as the expected term of each stock option award .\nthe volatility rate is derived by mathematical formula utilizing the weekly high closing stock price data over the expected term .\nthe expected dividend yield is calculated using the expected company annual dividend amount over the expected term divided by the fair market value of the company's common stock .\nthe average risk-free interest rate is derived from united states department of treasury published interest rates of daily yield curves for the same time period as the expected term .\nsfas no .\n123 ( r ) specifies only share-based awards expected to vest be included in share-based compensation expense .\nestimated forfeiture rates are determined using historical forfeiture experience for each type of award and are excluded from the quantity of awards included in share-based compensation expense .\nthe weighted average expected term reflects the analysis of historical share-based award transactions and includes option swap and reload grants which may have much shorter remaining expected terms than new option grants. .\n\nQuestion: what was the average expected volatility rate from 2005 to 2007",
        "solution": "21.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_51.pdf\n\nID: AAPL/2007/page_51.pdf-3\n\nPrevious Text:\nno .\n159 requires that unrealized gains and losses on items for which the fair value option has been elected be reported in earnings at each reporting date .\nsfas no .\n159 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 .\nalthough the company will continue to evaluate the application of sfas no .\n159 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results .\nin september 2006 , the fasb issued sfas no .\n157 , fair value measurements , which defines fair value , provides a framework for measuring fair value , and expands the disclosures required for fair value measurements .\nsfas no .\n157 applies to other accounting pronouncements that require fair value measurements ; it does not require any new fair value measurements .\nsfas no .\n157 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 .\nalthough the company will continue to evaluate the application of sfas no .\n157 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results .\nin june 2006 , the fasb issued fasb interpretation no .\n( 2018 2018fin 2019 2019 ) 48 , accounting for uncertainty in income taxes-an interpretation of fasb statement no .\n109 .\nfin 48 clarifies the accounting for uncertainty in income taxes by creating a framework for how companies should recognize , measure , present , and disclose in their financial statements uncertain tax positions that they have taken or expect to take in a tax return .\nfin 48 is effective for fiscal years beginning after december 15 , 2006 and is required to be adopted by the company beginning in the first quarter of fiscal 2008 .\nalthough the company will continue to evaluate the application of fin 48 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results .\nliquidity and capital resources the following table presents selected financial information and statistics for each of the last three fiscal years ( dollars in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 .\n\nTable Data:\n[['', 'september 29 2007', 'september 30 2006', 'september 24 2005'], ['cash cash equivalents and short-term investments', '$ 15386', '$ 10110', '$ 8261'], ['accounts receivable net', '$ 1637', '$ 1252', '$ 895'], ['inventory', '$ 346', '$ 270', '$ 165'], ['working capital', '$ 12657', '$ 8066', '$ 6813'], ['annual operating cash flow', '$ 5470', '$ 2220', '$ 2535']]\n\nFollowing Text:\nas of september 29 , 2007 , the company had $ 15.4 billion in cash , cash equivalents , and short-term investments , an increase of $ 5.3 billion over the same balance at the end of september 30 , 2006 .\nthe principal components of this net increase were cash generated by operating activities of $ 5.5 billion , proceeds from the issuance of common stock under stock plans of $ 365 million and excess tax benefits from stock-based compensation of $ 377 million .\nthese increases were partially offset by payments for acquisitions of property , plant , and equipment of $ 735 million and payments for acquisitions of intangible assets of $ 251 million .\nthe company 2019s short-term investment portfolio is primarily invested in highly rated , liquid investments .\nas of september 29 , 2007 and september 30 , 2006 , $ 6.5 billion and $ 4.1 billion , respectively , of the company 2019s cash , cash equivalents , and short-term investments were held by foreign subsidiaries and are generally based in u.s .\ndollar-denominated holdings .\nthe company believes its existing balances of cash , cash equivalents , and short-term investments will be sufficient to satisfy its working capital needs , capital expenditures , outstanding commitments , and other liquidity requirements associated with its existing operations over the next 12 months. .\n\nQuestion: what was the change between september 29 , 2007 and september 30 , 2006 , of the company 2019s cash , cash equivalents , and short-term investments were held by foreign subsidiaries and based in u.s . dollar-denominated holdings , in billions?",
        "solution": "2.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2006/page_36.pdf\n\nID: UNP/2006/page_36.pdf-1\n\nPrevious Text:\nliquidity and capital resources as of december 31 , 2006 , our principal sources of liquidity included cash , cash equivalents , the sale of receivables , and our revolving credit facilities , as well as the availability of commercial paper and other sources of financing through the capital markets .\nwe had $ 2 billion of committed credit facilities available , of which there were no borrowings outstanding as of december 31 , 2006 , and we did not make any short-term borrowings under these facilities during the year .\nthe value of the outstanding undivided interest held by investors under the sale of receivables program was $ 600 million as of december 31 , 2006 .\nthe sale of receivables program is subject to certain requirements , including the maintenance of an investment grade bond rating .\nif our bond rating were to deteriorate , it could have an adverse impact on our liquidity .\naccess to commercial paper is dependent on market conditions .\ndeterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to utilize commercial paper as a source of liquidity .\nliquidity through the capital markets is also dependent on our financial stability .\nat both december 31 , 2006 and 2005 , we had a working capital deficit of approximately $ 1.1 billion .\na working capital deficit is common in our industry and does not indicate a lack of liquidity .\nwe maintain adequate resources to meet our daily cash requirements , and we have sufficient financial capacity to satisfy our current liabilities .\nfinancial condition cash flows millions of dollars 2006 2005 2004 .\n\nTable Data:\n[['cash flowsmillions of dollars', '2006', '2005', '2004'], ['cash provided by operating activities', '$ 2880', '$ 2595', '$ 2257'], ['cash used in investing activities', '-2042 ( 2042 )', '-2047 ( 2047 )', '-1732 ( 1732 )'], ['cash used in financing activities', '-784 ( 784 )', '-752 ( 752 )', '-75 ( 75 )'], ['net change in cash and cash equivalents', '$ 54', '$ -204 ( 204 )', '$ 450']]\n\nFollowing Text:\ncash provided by operating activities 2013 higher income in 2006 generated the increased cash provided by operating activities , which was partially offset by higher income tax payments , $ 150 million in voluntary pension contributions , higher material and supply inventories , and higher management incentive payments in 2006 .\nhigher income , lower management incentive payments in 2005 ( executive bonuses , which would have been paid to individuals in 2005 , were not awarded based on company performance in 2004 and bonuses for the professional workforce that were paid out in 2005 were significantly reduced ) , and working capital performance generated higher cash from operating activities in 2005 .\na voluntary pension contribution of $ 100 million in 2004 also augmented the positive year-over-year variance in 2005 as no pension contribution was made in 2005 .\nthis improvement was partially offset by cash received in 2004 for income tax refunds .\ncash used in investing activities 2013 an insurance settlement for the 2005 january west coast storm and lower balances for work in process decreased the amount of cash used in investing activities in 2006 .\nhigher capital investments and lower proceeds from asset sales partially offset this decrease .\nincreased capital spending , partially offset by higher proceeds from asset sales , increased the amount of cash used in investing activities in 2005 compared to 2004 .\ncash used in financing activities 2013 the increase in cash used in financing activities primarily resulted from lower net proceeds from equity compensation plans ( $ 189 million in 2006 compared to $ 262 million in 2005 ) .\nthe increase in 2005 results from debt issuances in 2004 and higher debt repayments in 2005 .\nwe did not issue debt in 2005 versus $ 745 million of debt issuances in 2004 , and we repaid $ 699 million of debt in 2005 compared to $ 588 million in 2004 .\nthe higher outflows in 2005 were partially offset by higher net proceeds from equity compensation plans ( $ 262 million in 2005 compared to $ 80 million in 2004 ) . .\n\nQuestion: in 2005 what was the ratio of the cash used in investments activities to the financing activities",
        "solution": "2.72"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2013/page_133.pdf\n\nID: SLG/2013/page_133.pdf-5\n\nPrevious Text:\nduring the years ended december 31 , 2013 , 2012 , and 2011 , we recognized approximately $ 6.5 million , $ 5.1 million and $ 4.7 million of compensation expense , respectively , for these options .\nas of december 31 , 2013 , there was approximately $ 20.3 million of total unrecognized compensation cost related to unvested stock options , which is expected to be recognized over a weighted average period of three years .\nstock-based compensation effective january 1 , 1999 , we implemented a deferred compensation plan , or the deferred plan , covering certain of our employees , including our executives .\nthe shares issued under the deferred plan were granted to certain employees , including our executives and vesting will occur annually upon the completion of a service period or our meeting established financial performance criteria .\nannual vesting occurs at rates ranging from 15% ( 15 % ) to 35% ( 35 % ) once performance criteria are reached .\na summary of our restricted stock as of december 31 , 2013 , 2012 and 2011 and charges during the years then ended are presented below: .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['balance at beginning of year', '2804901', '2912456', '2728290'], ['granted', '192563', '92729', '185333'], ['cancelled', '-3267 ( 3267 )', '-200284 ( 200284 )', '-1167 ( 1167 )'], ['balance at end of year', '2994197', '2804901', '2912456'], ['vested during the year', '21074', '408800', '66299'], ['compensation expense recorded', '$ 6713155', '$ 6930381', '$ 17365401'], ['weighted average fair value of restricted stock granted during the year', '$ 17386949', '$ 7023942', '$ 21768084']]\n\nFollowing Text:\nweighted average fair value of restricted stock granted during the year $ 17386949 $ 7023942 $ 21768084 the fair value of restricted stock that vested during the years ended december 31 , 2013 , 2012 and 2011 was $ 1.6 million , $ 22.4 million and $ 4.3 million , respectively .\nas of december 31 , 2013 , there was $ 17.8 million of total unrecognized compensation cost related to unvested restricted stock , which is expected to be recognized over a weighted average period of approximately 2.7 years .\nfor the years ended december 31 , 2013 , 2012 and 2011 , approximately $ 4.5 million , $ 4.1 million and $ 3.4 million , respectively , was capitalized to assets associated with compensation expense related to our long-term compensation plans , restricted stock and stock options .\nwe granted ltip units , which include bonus , time-based and performance based awards , with a fair value of $ 27.1 million , zero and $ 8.5 million as of 2013 , 2012 and 2011 , respectively .\nthe grant date fair value of the ltip unit awards was calculated in accordance with asc 718 .\na third party consultant determined the fair value of the ltip units to have a discount from sl green's common stock price .\nthe discount was calculated by considering the inherent uncertainty that the ltip units will reach parity with other common partnership units and the illiquidity due to transfer restrictions .\nas of december 31 , 2013 , there was $ 5.0 million of total unrecognized compensation expense related to the time-based and performance based awards , which is expected to be recognized over a weighted average period of approximately 1.5 years .\nduring the years ended december 31 , 2013 , 2012 and 2011 , we recorded compensation expense related to bonus , time-based and performance based awards of approximately $ 27.3 million , $ 12.6 million and $ 8.5 million , respectively .\n2010 notional unit long-term compensation plan in december 2009 , the compensation committee of the company's board of directors approved the general terms of the sl green realty corp .\n2010 notional unit long-term compensation program , or the 2010 long-term compensation plan .\nthe 2010 long-term compensation plan is a long-term incentive compensation plan pursuant to which award recipients could earn , in the aggregate , from approximately $ 15.0 million up to approximately $ 75.0 million of ltip units in the operating partnership based on our stock price appreciation over three years beginning on december 1 , 2009 ; provided that , if maximum performance had been achieved , approximately $ 25.0 million of awards could be earned at any time after the beginning of the second year and an additional approximately $ 25.0 million of awards could be earned at any time after the beginning of the third year .\nin order to achieve maximum performance under the 2010 long-term compensation plan , our aggregate stock price appreciation during the performance period had to equal or exceed 50% ( 50 % ) .\nthe compensation committee determined that maximum performance had been achieved at or shortly after the beginning of each of the second and third years of the performance period and for the full performance period and , accordingly , 366815 ltip units , 385583 ltip units and 327416 ltip units were earned under the 2010 long-term compensation plan in december 2010 , 2011 and 2012 , respectively .\nsubstantially in accordance with the original terms of the program , 50% ( 50 % ) of these ltip units vested on december 17 , 2012 ( accelerated from the original january 1 , 2013 vesting date ) , 25% ( 25 % ) of these ltip units vested on december 11 , 2013 ( accelerated from the original january 1 , 2014 vesting date ) and the remainder is scheduled to vest on january 1 , 2015 based on .\n\nQuestion: how many restricted stocks grants were made in the three year period?",
        "solution": "470625"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: K/2013/page_27.pdf\n\nID: K/2013/page_27.pdf-3\n\nPrevious Text:\ngeneral market conditions affecting trust asset performance , future discount rates based on average yields of high quality corporate bonds and our decisions regarding certain elective provisions of the we currently project that we will make total u.s .\nand foreign benefit plan contributions in 2014 of approximately $ 57 million .\nactual 2014 contributions could be different from our current projections , as influenced by our decision to undertake discretionary funding of our benefit trusts versus other competing investment priorities , future changes in government requirements , trust asset performance , renewals of union contracts , or higher-than-expected health care claims cost experience .\nwe measure cash flow as net cash provided by operating activities reduced by expenditures for property additions .\nwe use this non-gaap financial measure of cash flow to focus management and investors on the amount of cash available for debt repayment , dividend distributions , acquisition opportunities , and share repurchases .\nour cash flow metric is reconciled to the most comparable gaap measure , as follows: .\n\nTable Data:\n[['( dollars in millions )', '2013', '2012', '2011'], ['net cash provided by operating activities', '$ 1807', '$ 1758', '$ 1595'], ['additions to properties', '-637 ( 637 )', '-533 ( 533 )', '-594 ( 594 )'], ['cash flow', '$ 1170', '$ 1225', '$ 1001'], ['year-over-year change', '( 4.5 ) % (  % )', '22.4% ( 22.4 % )', '']]\n\nFollowing Text:\nyear-over-year change ( 4.5 ) % (  % ) 22.4% ( 22.4 % ) the decrease in cash flow ( as defined ) in 2013 compared to 2012 was due primarily to higher capital expenditures .\nthe increase in cash flow in 2012 compared to 2011 was driven by improved performance in working capital resulting from the one-time benefit derived from the pringles acquisition , as well as changes in the level of capital expenditures during the three-year period .\ninvesting activities our net cash used in investing activities for 2013 amounted to $ 641 million , a decrease of $ 2604 million compared with 2012 primarily attributable to the $ 2668 million acquisition of pringles in 2012 .\ncapital spending in 2013 included investments in our supply chain infrastructure , and to support capacity requirements in certain markets , including pringles .\nin addition , we continued the investment in our information technology infrastructure related to the reimplementation and upgrade of our sap platform .\nnet cash used in investing activities of $ 3245 million in 2012 increased by $ 2658 million compared with 2011 , due to the acquisition of pringles in 2012 .\ncash paid for additions to properties as a percentage of net sales has increased to 4.3% ( 4.3 % ) in 2013 , from 3.8% ( 3.8 % ) in 2012 , which was a decrease from 4.5% ( 4.5 % ) in financing activities our net cash used by financing activities was $ 1141 million for 2013 , compared to net cash provided by financing activities of $ 1317 million for 2012 and net cash used in financing activities of $ 957 million for 2011 .\nthe increase in cash provided from financing activities in 2012 compared to 2013 and 2011 , was primarily due to the issuance of debt related to the acquisition of pringles .\ntotal debt was $ 7.4 billion at year-end 2013 and $ 7.9 billion at year-end 2012 .\nin february 2013 , we issued $ 250 million of two-year floating-rate u.s .\ndollar notes , and $ 400 million of ten-year 2.75% ( 2.75 % ) u.s .\ndollar notes , resulting in aggregate net proceeds after debt discount of $ 645 million .\nthe proceeds from these notes were used for general corporate purposes , including , together with cash on hand , repayment of the $ 750 million aggregate principal amount of our 4.25% ( 4.25 % ) u.s .\ndollar notes due march 2013 .\nin may 2012 , we issued $ 350 million of three-year 1.125% ( 1.125 % ) u.s .\ndollar notes , $ 400 million of five-year 1.75% ( 1.75 % ) u.s .\ndollar notes and $ 700 million of ten-year 3.125% ( 3.125 % ) u.s .\ndollar notes , resulting in aggregate net proceeds after debt discount of $ 1.442 billion .\nthe proceeds of these notes were used for general corporate purposes , including financing a portion of the acquisition of pringles .\nin may 2012 , we issued cdn .\n$ 300 million of two-year 2.10% ( 2.10 % ) fixed rate canadian dollar notes , using the proceeds from these notes for general corporate purposes , which included repayment of intercompany debt .\nthis repayment resulted in cash available to be used for a portion of the acquisition of pringles .\nin december 2012 , we repaid $ 750 million five-year 5.125% ( 5.125 % ) u.s .\ndollar notes at maturity with commercial paper .\nin april 2011 , we repaid $ 945 million ten-year 6.60% ( 6.60 % ) u.s .\ndollar notes at maturity with commercial paper .\nin may 2011 , we issued $ 400 million of seven-year 3.25% ( 3.25 % ) fixed rate u.s .\ndollar notes , using the proceeds of $ 397 million for general corporate purposes and repayment of commercial paper .\nin november 2011 , we issued $ 500 million of five-year 1.875% ( 1.875 % ) fixed rate u .\ns .\ndollar notes , using the proceeds of $ 498 million for general corporate purposes and repayment of commercial paper. .\n\nQuestion: what was the average cash flow from 2011 to 2013 in millions",
        "solution": "1132"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2009/page_116.pdf\n\nID: MSI/2009/page_116.pdf-3\n\nPrevious Text:\ninsurance arrangement .\nas a result of the adoption of this new guidance , the company recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 45 million with the offset reflected as a cumulative-effect adjustment to january 1 , 2008 retained earnings and accumulated other comprehensive income ( loss ) in the amounts of $ 4 million and $ 41 million , respectively , in the company 2019s consolidated statement of stockholders 2019 equity .\nit is currently expected that minimal , if any , further cash payments will be required to fund these policies .\nthe net periodic cost for these split-dollar life insurance arrangements was $ 6 million in both the years ended december 31 , 2009 and 2008 .\nthe company has recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 48 million and $ 47 million as of december 31 , 2009 and december 31 , 2008 , respectively .\ndefined contribution plan the company and certain subsidiaries have various defined contribution plans , in which all eligible employees participate .\nin the u.s. , the 401 ( k ) plan is a contributory plan .\nmatching contributions are based upon the amount of the employees 2019 contributions .\neffective january 1 , 2005 , newly hired employees have a higher maximum matching contribution at 4% ( 4 % ) on the first 5% ( 5 % ) of employee contributions , compared to 3% ( 3 % ) on the first 6% ( 6 % ) of employee contributions for employees hired prior to january 2005 .\neffective january 1 , 2009 , the company temporarily suspended all matching contributions to the motorola 401 ( k ) plan .\nthe company 2019s expenses , primarily relating to the employer match , for all defined contribution plans , for the years ended december 31 , 2009 , 2008 and 2007 were $ 8 million , $ 95 million and $ 116 million , respectively .\n8 .\nshare-based compensation plans and other incentive plans stock options , stock appreciation rights and employee stock purchase plan the company grants options to acquire shares of common stock to certain employees , and existing option holders in connection with the merging of option plans following an acquisition .\neach option granted and stock appreciation right has an exercise price of no less than 100% ( 100 % ) of the fair market value of the common stock on the date of the grant .\nthe awards have a contractual life of five to ten years and vest over two to four years .\nstock options and stock appreciation rights assumed or replaced with comparable stock options or stock appreciation rights in conjunction with a change in control only become exercisable if the holder is also involuntarily terminated ( for a reason other than cause ) or quits for good reason within 24 months of a change in control .\nthe employee stock purchase plan allows eligible participants to purchase shares of the company 2019s common stock through payroll deductions of up to 10% ( 10 % ) of eligible compensation on an after-tax basis .\nplan participants cannot purchase more than $ 25000 of stock in any calendar year .\nthe price an employee pays per share is 85% ( 85 % ) of the lower of the fair market value of the company 2019s stock on the close of the first trading day or last trading day of the purchase period .\nthe plan has two purchase periods , the first one from october 1 through march 31 and the second one from april 1 through september 30 .\nfor the years ended december 31 , 2009 , 2008 and 2007 , employees purchased 29.4 million , 18.9 million and 10.2 million shares , respectively , at purchase prices of $ 3.60 and $ 3.68 , $ 7.91 and $ 6.07 , and $ 14.93 and $ 15.02 , respectively .\nthe company calculates the value of each employee stock option , estimated on the date of grant , using the black-scholes option pricing model .\nthe weighted-average estimated fair value of employee stock options granted during 2009 , 2008 and 2007 was $ 2.78 , $ 3.47 and $ 5.95 , respectively , using the following weighted-average assumptions : 2009 2008 2007 .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['expected volatility', '57.1% ( 57.1 % )', '56.4% ( 56.4 % )', '28.3% ( 28.3 % )'], ['risk-free interest rate', '1.9% ( 1.9 % )', '2.4% ( 2.4 % )', '4.5% ( 4.5 % )'], ['dividend yield', '0.0% ( 0.0 % )', '2.7% ( 2.7 % )', '1.1% ( 1.1 % )'], ['expected life ( years )', '3.9', '5.5', '6.5']]\n\nFollowing Text:\n.\n\nQuestion: what is the percent change in number of shares purchased by employees between 2008 and 2009?",
        "solution": "56%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2012/page_44.pdf\n\nID: IPG/2012/page_44.pdf-3\n\nPrevious Text:\nitem 7a .\nquantitative 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 .\nfrom time to time , we use derivative instruments , pursuant to established guidelines and policies , to manage some portion of these risks .\nderivative instruments utilized in our hedging activities are viewed as risk management tools and are not used for trading or speculative purposes .\ninterest 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 .\nthe majority of our debt ( approximately 93% ( 93 % ) and 91% ( 91 % ) as of december 31 , 2012 and 2011 , respectively ) bears interest at fixed rates .\nwe 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 .\nthe 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 .\nincrease/ ( decrease ) in fair market value as of december 31 , 10% ( 10 % ) increase in interest rates 10% ( 10 % ) decrease in interest rates .\n\nTable Data:\n[['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'], ['2012', '$ -27.5 ( 27.5 )', '$ 28.4'], ['2011', '-7.4 ( 7.4 )', '7.7']]\n\nFollowing Text:\nwe have used interest rate swaps for risk management purposes to manage our exposure to changes in interest rates .\nduring 2012 , we entered into and exited forward-starting interest rate swap agreements to effectively lock in the benchmark rate related to our 3.75% ( 3.75 % ) senior notes due 2023 , which we issued in november 2012 .\nwe do not have any interest rate swaps outstanding as of december 31 , 2012 .\nwe had $ 2590.8 of cash , cash equivalents and marketable securities as of december 31 , 2012 that we generally invest in conservative , short-term investment-grade securities .\nthe interest income generated from these investments is subject to both domestic and foreign interest rate movements .\nduring 2012 and 2011 , we had interest income of $ 29.5 and $ 37.8 , respectively .\nbased on our 2012 results , a 100 basis point increase or decrease in interest rates would affect our interest income by approximately $ 26.0 , assuming that all cash , cash equivalents and marketable securities are impacted in the same manner and balances remain constant from year-end 2012 levels .\nforeign currency rates we are subject to translation and transaction risks related to changes in foreign currency exchange rates .\nsince we report revenues and expenses in u.s .\ndollars , changes in exchange rates may either positively or negatively affect our consolidated revenues and expenses ( as expressed in u.s .\ndollars ) from foreign operations .\nthe primary foreign currencies that impacted our results during 2012 were the brazilian real , euro , indian rupee and the south african rand .\nbased on 2012 exchange rates and operating results , if the u.s .\ndollar were to strengthen or weaken by 10% ( 10 % ) , we currently estimate operating income would decrease or increase between 3% ( 3 % ) and 5% ( 5 % ) , assuming that all currencies are impacted in the same manner and our international revenue and expenses remain constant at 2012 levels .\nthe functional currency of our foreign operations is generally their respective local currency .\nassets 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 .\nthe 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 .\nour foreign subsidiaries generally collect revenues and pay expenses in their functional currency , mitigating transaction risk .\nhowever , certain subsidiaries may enter into transactions in currencies other than their functional currency .\nassets and liabilities denominated in currencies other than the functional currency are susceptible to movements in foreign currency until final settlement .\ncurrency transaction gains or losses primarily arising from transactions in currencies other than the functional currency are included in office and general expenses .\nwe 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. .\n\nQuestion: what was the total amount of interest income combined in 2011 and 2012 , in millions?",
        "solution": "67.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2009/page_83.pdf\n\nID: IP/2009/page_83.pdf-3\n\nPrevious Text:\ndeferred tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred income tax assets , deferred charges and other assets , other accrued liabilities and deferred income taxes .\nthe decrease in 2009 in deferred tax assets principally relates to the tax impact of changes in recorded qualified pension liabilities , minimum tax credit utilization and an increase in the valuation allowance .\nthe decrease in deferred income tax liabilities principally relates to less tax depreciation taken on the company 2019s assets purchased in 2009 .\nthe valuation allowance for deferred tax assets as of december 31 , 2008 was $ 72 million .\nthe net change in the total valuation allowance for the year ended december 31 , 2009 , was an increase of $ 274 million .\nthe increase of $ 274 million consists primarily of : ( 1 ) $ 211 million related to the company 2019s french operations , including a valuation allowance of $ 55 million against net deferred tax assets from current year operations and $ 156 million recorded in the second quarter of 2009 for the establishment of a valuation allowance against previously recorded deferred tax assets , ( 2 ) $ 10 million for net deferred tax assets arising from the company 2019s united king- dom current year operations , and ( 3 ) $ 47 million related to a reduction of previously recorded u.s .\nstate deferred tax assets , including $ 15 million recorded in the fourth quarter of 2009 for louisiana recycling credits .\nthe effect on the company 2019s effec- tive tax rate of the aforementioned $ 211 million and $ 10 million is included in the line item 201ctax rate and permanent differences on non-u.s .\nearnings . 201d international paper adopted the provisions of new guidance under asc 740 , 201cincome taxes , 201d on jan- uary 1 , 2007 related to uncertain tax positions .\nas a result of the implementation of this new guidance , the company recorded a charge to the beginning balance of retained earnings of $ 94 million , which was accounted for as a reduction to the january 1 , 2007 balance of retained earnings .\na reconciliation of the beginning and ending amount of unrecognized tax benefits for the year ending december 31 , 2009 and 2008 is as follows : in millions 2009 2008 2007 .\n\nTable Data:\n[['in millions', '2009', '2008', '2007'], ['balance at january 1', '$ -435 ( 435 )', '$ -794 ( 794 )', '-919 ( 919 )'], ['additions based on tax positions related to current year', '-28 ( 28 )', '-14 ( 14 )', '-12 ( 12 )'], ['additions for tax positions of prior years', '-82 ( 82 )', '-66 ( 66 )', '-30 ( 30 )'], ['reductions for tax positions of prior years', '72', '67', '74'], ['settlements', '174', '352', '112'], ['expiration of statutes of limitations', '2', '3', '5'], ['currency translation adjustment', '-11 ( 11 )', '17', '-24 ( 24 )'], ['balance at december 31', '$ -308 ( 308 )', '$ -435 ( 435 )', '$ -794 ( 794 )']]\n\nFollowing Text:\nincluded in the balance at december 31 , 2009 and 2008 are $ 56 million and $ 9 million , respectively , for tax positions for which the ultimate benefits are highly certain , but for which there is uncertainty about the timing of such benefits .\nhowever , except for the possible effect of any penalties , any dis- allowance that would change the timing of these benefits would not affect the annual effective tax rate , but would accelerate the payment of cash to the taxing authority to an earlier period .\nthe company accrues interest on unrecognized tax benefits as a component of interest expense .\npenal- ties , if incurred , are recognized as a component of income tax expense .\nthe company had approx- imately $ 95 million and $ 74 million accrued for the payment of estimated interest and penalties asso- ciated with unrecognized tax benefits at december 31 , 2009 and 2008 , respectively .\nthe major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .\ngenerally , tax years 2002 through 2009 remain open and subject to examina- tion by the relevant tax authorities .\nthe company is typically engaged in various tax examinations at any given time , both in the united states and overseas .\ncurrently , the company is engaged in discussions with the u.s .\ninternal revenue service regarding the examination of tax years 2006 and 2007 .\nas a result of these discussions , other pending tax audit settle- ments , and the expiration of statutes of limitation , the company currently estimates that the amount of unrecognized tax benefits could be reduced by up to $ 125 million during the next twelve months .\nduring 2009 , unrecognized tax benefits decreased by $ 127 million .\nwhile the company believes that it is adequately accrued for possible audit adjustments , the final resolution of these examinations cannot be determined at this time and could result in final settlements that differ from current estimates .\nthe company 2019s 2009 income tax provision of $ 469 million included $ 279 million related to special items and other charges , consisting of a $ 534 million tax benefit related to restructuring and other charges , a $ 650 million tax expense for the alternative fuel mixture credit , and $ 163 million of tax-related adjustments including a $ 156 million tax expense to establish a valuation allowance for net operating loss carryforwards in france , a $ 26 million tax benefit for the effective settlement of federal tax audits , a $ 15 million tax expense to establish a valuation allow- ance for louisiana recycling credits , and $ 18 million of other income tax adjustments .\nexcluding the impact of special items , the tax provision was .\n\nQuestion: based on the review of the unrecognized tax benefits what was the average settlement amount from 2007 to 2009 in millions",
        "solution": "212.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PM/2015/page_32.pdf\n\nID: PM/2015/page_32.pdf-3\n\nPrevious Text:\nperformance graph the graph below compares the cumulative total shareholder return on pmi's common stock with the cumulative total return for the same period of pmi's compensation survey group and the s&p 500 index .\nthe graph assumes the investment of $ 100 as of december 31 , 2010 , in pmi common stock ( at prices quoted on the new york stock exchange ) and each of the indices as of the market close and reinvestment of dividends on a quarterly basis .\ndate pmi pmi compensation survey group ( 12 ) s&p 500 index .\n\nTable Data:\n[['date', 'pmi', 'pmi compensation survey group ( 12 )', 's&p 500 index'], ['december 31 2010', '$ 100.00', '$ 100.00', '$ 100.00'], ['december 31 2011', '$ 139.80', '$ 114.10', '$ 102.10'], ['december 31 2012', '$ 154.60', '$ 128.00', '$ 118.50'], ['december 31 2013', '$ 167.70', '$ 163.60', '$ 156.80'], ['december 31 2014', '$ 164.20', '$ 170.10', '$ 178.30'], ['december 31 2015', '$ 186.20', '$ 179.20', '$ 180.80']]\n\nFollowing Text:\n( 1 ) the pmi compensation survey group consists of the following companies with substantial global sales that are direct competitors ; or have similar market capitalization ; or are primarily focused on consumer products ( excluding high technology and financial services ) ; and are companies for which comparative executive compensation data are readily available : bayer ag , british american tobacco p.l.c. , the coca-cola company , diageo plc , glaxosmithkline , heineken n.v. , imperial brands plc ( formerly , imperial tobacco group plc ) , johnson & johnson , mcdonald's corp. , international , inc. , nestl e9 s.a. , novartis ag , pepsico , inc. , pfizer inc. , roche holding ag , unilever nv and plc and vodafone group plc .\n( 2 ) on october 1 , 2012 , international , inc .\n( nasdaq : mdlz ) , formerly kraft foods inc. , announced that it had completed the spin-off of its north american grocery business , kraft foods group , inc .\n( nasdaq : krft ) .\ninternational , inc .\nwas retained in the pmi compensation survey group index because of its global footprint .\nthe pmi compensation survey group index total cumulative return calculation weights international , inc.'s total shareholder return at 65% ( 65 % ) of historical kraft foods inc.'s market capitalization on december 31 , 2010 , based on international , inc.'s initial market capitalization relative to the combined market capitalization of international , inc .\nand kraft foods group , inc .\non october 2 , 2012 .\nnote : figures are rounded to the nearest $ 0.10. .\n\nQuestion: what is the roi of an investment in s&p 500 in 2010 and liquidated in 2011?",
        "solution": "2.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WELL/2017/page_48.pdf\n\nID: WELL/2017/page_48.pdf-3\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations the following discussion and analysis is based primarily on the consolidated financial statements of welltower inc .\npresented in conformity with u.s .\ngenerally accepted accounting principles ( 201cu.s .\ngaap 201d ) for the periods presented and should be read together with the notes thereto contained in this annual report on form 10-k .\nother important factors are identified in 201citem 1 2014 business 201d and 201citem 1a 2014 risk factors 201d above .\nexecutive summary company overview welltower inc .\n( nyse:well ) , an s&p 500 company headquartered in toledo , ohio , is driving the transformation of health care infrastructure .\nthe company invests with leading seniors housing operators , post- acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people 2019s wellness and overall health care experience .\nwelltowertm , a real estate investment trust ( 201creit 201d ) , owns interests in properties concentrated in major , high-growth markets in the united states ( 201cu.s . 201d ) , canada and the united kingdom ( 201cu.k . 201d ) , consisting of seniors housing and post-acute communities and outpatient medical properties .\nour capital programs , when combined with comprehensive planning , development and property management services , make us a single-source solution for acquiring , planning , developing , managing , repositioning and monetizing real estate assets .\nthe following table summarizes our consolidated portfolio for the year ended december 31 , 2017 ( dollars in thousands ) : type of property noi ( 1 ) percentage of number of properties .\n\nTable Data:\n[['type of property', 'noi ( 1 )', 'percentage of noi', 'number of properties'], ['triple-net', '$ 967084', '43.3% ( 43.3 % )', '573'], ['seniors housing operating', '880026', '39.5% ( 39.5 % )', '443'], ['outpatient medical', '384068', '17.2% ( 17.2 % )', '270'], ['totals', '$ 2231178', '100.0% ( 100.0 % )', '1286']]\n\nFollowing Text:\n( 1 ) represents consolidated noi and excludes our share of investments in unconsolidated entities .\nentities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount .\nsee non-gaap financial measures for additional information and reconciliation .\nbusiness strategy our primary objectives are to protect stockholder capital and enhance stockholder value .\nwe seek to pay consistent cash dividends to stockholders and create opportunities to increase dividend payments to stockholders as a result of annual increases in net operating income and portfolio growth .\nto meet these objectives , we invest across the full spectrum of seniors housing and health care real estate and diversify our investment portfolio by property type , relationship and geographic location .\nsubstantially all of our revenues are derived from operating lease rentals , resident fees/services , and interest earned on outstanding loans receivable .\nthese items represent our primary sources of liquidity to fund distributions and depend upon the continued ability of our obligors to make contractual rent and interest payments to us and the profitability of our operating properties .\nto the extent that our obligors/partners experience operating difficulties and become unable to generate sufficient cash to make payments or operating distributions to us , there could be a material adverse impact on our consolidated results of operations , liquidity and/or financial condition .\nto mitigate this risk , we monitor our investments through a variety of methods determined by the type of property .\nour asset management process for seniors housing properties generally includes review of monthly financial statements and other operating data for each property , review of obligor/ partner creditworthiness , property inspections , and review of covenant compliance relating to licensure , real estate taxes , letters of credit and other collateral .\nour internal property management division manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations .\n\nQuestion: what portion of the total number of properties is related to seniors housing operating?",
        "solution": "34.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2016/page_120.pdf\n\nID: C/2016/page_120.pdf-2\n\nPrevious Text:\nliquidity monitoring and measurement stress testing liquidity stress testing is performed for each of citi 2019s major entities , operating subsidiaries and/or countries .\nstress testing and scenario analyses are intended to quantify the potential impact of a liquidity event on the balance sheet and liquidity position , and to identify viable funding alternatives that can be utilized .\nthese scenarios include assumptions about significant changes in key funding sources , market triggers ( such as credit ratings ) , potential uses of funding and political and economic conditions in certain countries .\nthese conditions include expected and stressed market conditions as well as company- specific events .\nliquidity stress tests are conducted to ascertain potential mismatches between liquidity sources and uses over a variety of time horizons ( overnight , one week , two weeks , one month , three months , one year ) and over a variety of stressed conditions .\nliquidity limits are set accordingly .\nto monitor the liquidity of an entity , these stress tests and potential mismatches are calculated with varying frequencies , with several tests performed daily .\ngiven the range of potential stresses , citi maintains a series of contingency funding plans on a consolidated basis and for individual entities .\nthese plans specify a wide range of readily available actions for a variety of adverse market conditions or idiosyncratic stresses .\nshort-term liquidity measurement : liquidity coverage ratio ( lcr ) in addition to internal measures that citi has developed for a 30-day stress scenario , citi also monitors its liquidity by reference to the lcr , as calculated pursuant to the u.s .\nlcr rules .\ngenerally , the lcr is designed to ensure that banks maintain an adequate level of hqla to meet liquidity needs under an acute 30-day stress scenario .\nthe lcr is calculated by dividing hqla by estimated net outflows over a stressed 30-day period , with the net outflows determined by applying prescribed outflow factors to various categories of liabilities , such as deposits , unsecured and secured wholesale borrowings , unused lending commitments and derivatives- related exposures , partially offset by inflows from assets maturing within 30 days .\nbanks are required to calculate an add-on to address potential maturity mismatches between contractual cash outflows and inflows within the 30-day period in determining the total amount of net outflows .\nthe minimum lcr requirement is 100% ( 100 % ) , effective january 2017 .\nin december 2016 , the federal reserve board adopted final rules which require additional disclosures relating to the lcr of large financial institutions , including citi .\namong other things , the final rules require citi to disclose components of its average hqla , lcr and inflows and outflows each quarter .\nin addition , the final rules require disclosure of citi 2019s calculation of the maturity mismatch add-on as well as other qualitative disclosures .\nthe effective date for these disclosures is april 1 , 2017 .\nthe table below sets forth the components of citi 2019s lcr calculation and hqla in excess of net outflows for the periods indicated : in billions of dollars dec .\n31 , sept .\n30 , dec .\n31 .\n\nTable Data:\n[['in billions of dollars', 'dec . 31 2016', 'sept . 30 2016', 'dec . 31 2015'], ['hqla', '$ 403.7', '$ 403.8', '$ 389.2'], ['net outflows', '332.5', '335.3', '344.4'], ['lcr', '121% ( 121 % )', '120% ( 120 % )', '113% ( 113 % )'], ['hqla in excess of net outflows', '$ 71.3', '$ 68.5', '$ 44.8']]\n\nFollowing Text:\nnote : amounts set forth in the table above are presented on an average basis .\nas set forth in the table above , citi 2019s lcr increased both year-over-year and sequentially .\nthe increase year-over-year was driven by both an increase in hqla and a reduction in net outflows .\nsequentially , the increase was driven by a slight reduction in net outflows , as hqla remained largely unchanged .\nlong-term liquidity measurement : net stable funding ratio ( nsfr ) in the second quarter of 2016 , the federal reserve board , the fdic and the occ issued a proposed rule to implement the basel iii nsfr requirement .\nthe u.s.-proposed nsfr is largely consistent with the basel committee 2019s final nsfr rules .\nin general , the nsfr assesses the availability of a bank 2019s stable funding against a required level .\na bank 2019s available stable funding would include portions of equity , deposits and long-term debt , while its required stable funding would be based on the liquidity characteristics of its assets , derivatives and commitments .\nstandardized weightings would be required to be applied to the various asset and liabilities classes .\nthe ratio of available stable funding to required stable funding would be required to be greater than 100% ( 100 % ) .\nwhile citi believes that it is compliant with the proposed u.s .\nnsfr rules as of december 31 , 2016 , it will need to evaluate any final version of the rules , which are expected to be released during 2017 .\nthe proposed rules would require full implementation of the u.s .\nnsfr beginning january 1 , 2018. .\n\nQuestion: what was the change in billions of net outflows from december 31 , 2015 to december 31 , 2016?",
        "solution": "-11.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2010/page_272.pdf\n\nID: C/2010/page_272.pdf-1\n\nPrevious Text:\nthe significant changes from december 31 , 2008 to december 31 , 2009 in level 3 assets and liabilities are due to : a net decrease in trading securities of $ 10.8 billion that was driven by : 2022 net transfers of $ 6.5 billion , due mainly to the transfer of debt 2013 securities from level 3 to level 2 due to increased liquidity and pricing transparency ; and net settlements of $ 5.8 billion , due primarily to the liquidations of 2013 subprime securities of $ 4.1 billion .\nthe change in net trading derivatives driven by : 2022 a net loss of $ 4.9 billion relating to complex derivative contracts , 2013 such as those linked to credit , equity and commodity exposures .\nthese losses include both realized and unrealized losses during 2009 and are partially offset by gains recognized in instruments that have been classified in levels 1 and 2 ; and net increase in derivative assets of $ 4.3 billion , which includes cash 2013 settlements of derivative contracts in an unrealized loss position , notably those linked to subprime exposures .\nthe decrease in level 3 investments of $ 6.9 billion primarily 2022 resulted from : a reduction of $ 5.0 billion , due mainly to paydowns on debt 2013 securities and sales of private equity investments ; the net transfer of investment securities from level 3 to level 2 2013 of $ 1.5 billion , due to increased availability of observable pricing inputs ; and net losses recognized of $ 0.4 billion due mainly to losses on non- 2013 marketable equity securities including write-downs on private equity investments .\nthe decrease in securities sold under agreements to repurchase of 2022 $ 9.1 billion is driven by a $ 8.6 billion net transfers from level 3 to level 2 as effective maturity dates on structured repos have shortened .\nthe decrease in long-term debt of $ 1.5 billion is driven mainly by 2022 $ 1.3 billion of net terminations of structured notes .\ntransfers between level 1 and level 2 of the fair value hierarchy the company did not have any significant transfers of assets or liabilities between levels 1 and 2 of the fair value hierarchy during 2010 .\nitems measured at fair value on a nonrecurring basis certain assets and liabilities are measured at fair value on a nonrecurring basis and therefore are not included in the tables above .\nthese include assets measured at cost that have been written down to fair value during the periods as a result of an impairment .\nin addition , these assets include loans held-for-sale that are measured at locom that were recognized at fair value below cost at the end of the period .\nthe fair value of loans measured on a locom basis is determined where possible using quoted secondary-market prices .\nsuch loans are generally classified as level 2 of the fair value hierarchy given the level of activity in the market and the frequency of available quotes .\nif no such quoted price exists , the fair value of a loan is determined using quoted prices for a similar asset or assets , adjusted for the specific attributes of that loan .\nthe following table presents all loans held-for-sale that are carried at locom as of december 31 , 2010 and 2009 : in billions of dollars aggregate cost fair value level 2 level 3 .\n\nTable Data:\n[['in billions of dollars', 'aggregate cost', 'fair value', 'level 2', 'level 3'], ['december 31 2010', '$ 3.1', '$ 2.5', '$ 0.7', '$ 1.8'], ['december 31 2009', '$ 2.5', '$ 1.6', '$ 0.3', '$ 1.3']]\n\nFollowing Text:\n.\n\nQuestion: what was the growth rate of the loans held-for-sale that are carried at locom from 2009 to 2010",
        "solution": "56.25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2009/page_99.pdf\n\nID: SLG/2009/page_99.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements of annual compensation was made .\nfor the years ended december 31 , 2009 , 2008 and , 2007 , we made matching contributions of approxi- mately $ 450000 , $ 503000 and $ 457000 , respectively .\nnote 17 / commitments and contingencies we and our operating partnership are not presently involved in any mate- rial litigation nor , to our knowledge , is any material litigation threatened against us or our properties , other than routine litigation arising in the ordinary course of business .\nmanagement believes the costs , if any , incurred by us and our operating partnership related to this litigation will not materially affect our financial position , operating results or liquidity .\nwe have entered into employment agreements with certain executives , which expire between june 2010 and january 2013 .\nthe minimum cash-based compensation , including base salary and guaran- teed bonus payments , associated with these employment agreements totals approximately $ 7.8 million for 2010 .\nin march 1998 , we acquired an operating sub-leasehold posi- tion at 420 lexington avenue .\nthe operating sub-leasehold position required annual ground lease payments totaling $ 6.0 million and sub- leasehold position payments totaling $ 1.1 million ( excluding an operating sub-lease position purchased january 1999 ) .\nin june 2007 , we renewed and extended the maturity date of the ground lease at 420 lexington avenue through december 31 , 2029 , with an option for further exten- sion through 2080 .\nground lease rent payments through 2029 will total approximately $ 10.9 million per year .\nthereafter , the ground lease will be subject to a revaluation by the parties thereto .\nin june 2009 , we acquired an operating sub-leasehold posi- tion at 420 lexington avenue for approximately $ 7.7 million .\nthese sub-leasehold positions were scheduled to mature in december 2029 .\nin october 2009 , we acquired the remaining sub-leasehold position for $ 7.6 million .\nthe property located at 711 third avenue operates under an operating sub-lease , which expires in 2083 .\nunder the sub-lease , we are responsible for ground rent payments of $ 1.55 million annually through july 2011 on the 50% ( 50 % ) portion of the fee we do not own .\nthe ground rent is reset after july 2011 based on the estimated fair market value of the property .\nwe have an option to buy out the sub-lease at a fixed future date .\nthe property located at 461 fifth avenue operates under a ground lease ( approximately $ 2.1 million annually ) with a term expiration date of 2027 and with two options to renew for an additional 21 years each , followed by a third option for 15 years .\nwe also have an option to purchase the ground lease for a fixed price on a specific date .\nthe property located at 625 madison avenue operates under a ground lease ( approximately $ 4.6 million annually ) with a term expiration date of 2022 and with two options to renew for an additional 23 years .\nthe property located at 1185 avenue of the americas oper- ates under a ground lease ( approximately $ 8.5 million in 2010 and $ 6.9 million annually thereafter ) with a term expiration of 2020 and with an option to renew for an additional 23 years .\nin april 1988 , the sl green predecessor entered into a lease agreement for the property at 673 first avenue , which has been capitalized for financial statement purposes .\nland was estimated to be approximately 70% ( 70 % ) of the fair market value of the property .\nthe portion of the lease attributed to land is classified as an operating lease and the remainder as a capital lease .\nthe initial lease term is 49 years with an option for an additional 26 years .\nbeginning in lease years 11 and 25 , the lessor is entitled to additional rent as defined by the lease agreement .\nwe continue to lease the 673 first avenue property , which has been classified as a capital lease with a cost basis of $ 12.2 million and cumulative amortization of $ 5.5 million and $ 5.2 million at december 31 , 2009 and 2008 , respectively .\nthe following is a schedule of future minimum lease payments under capital leases and noncancellable operating leases with initial terms in excess of one year as of december 31 , 2009 ( in thousands ) : non-cancellable december 31 , capital lease operating leases .\n\nTable Data:\n[['december 31,', 'capital lease', 'non-cancellable operating leases'], ['2010', '$ 1451', '$ 31347'], ['2011', '1555', '28929'], ['2012', '1555', '28179'], ['2013', '1555', '28179'], ['2014', '1555', '28179'], ['thereafter', '45649', '580600'], ['total minimum lease payments', '53320', '$ 725413'], ['less amount representing interest', '-36437 ( 36437 )', ''], ['present value of net minimum lease payments', '$ 16883', '']]\n\nFollowing Text:\nnote 18 / financial instruments : derivatives and hedging we recognize all derivatives on the balance sheet at fair value .\nderivatives that are not hedges must be adjusted to fair value through income .\nif a derivative is a hedge , depending on the nature of the hedge , changes in the fair value of the derivative will either be offset against the change in fair value of the hedged asset , liability , or firm commitment through earn- ings , or recognized in other comprehensive income until the hedged item is recognized in earnings .\nthe ineffective portion of a derivative 2019s change in fair value will be immediately recognized in earnings .\nreported net income and stockholders 2019 equity may increase or decrease prospectively , depending on future levels of interest rates and other variables affecting the fair values of derivative instruments and hedged items , but will have no effect on cash flows. .\n\nQuestion: assuming all options are exercised on 625 madison avenue , what year will the current agreement expire?",
        "solution": "2068"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2013/page_106.pdf\n\nID: CDW/2013/page_106.pdf-3\n\nPrevious Text:\ncdw corporation and subsidiaries notes to consolidated financial statements 2013 denominator was impacted by the common shares issued during both the ipo and the underwriters 2019 exercise in full of the overallotment option granted to them in connection with the ipo .\nbecause such common shares were issued on july 2 , 2013 and july 31 , 2013 , respectively , they are only partially reflected in the 2013 denominator .\nsuch shares will be fully reflected in the 2014 denominator .\nsee note 9 for additional discussion of the ipo .\nthe dilutive effect of outstanding restricted stock , restricted stock units , stock options and mpk plan units is reflected in the denominator for diluted earnings per share using the treasury stock method .\nthe following is a reconciliation of basic shares to diluted shares: .\n\nTable Data:\n[['( in millions )', 'years ended december 31 , 2013', 'years ended december 31 , 2012', 'years ended december 31 , 2011'], ['weighted-average shares - basic', '156.6', '145.1', '144.8'], ['effect of dilutive securities', '2.1', '0.7', '0.1'], ['weighted-average shares - diluted', '158.7', '145.8', '144.9']]\n\nFollowing Text:\nfor the years ended december 31 , 2013 , 2012 and 2011 , diluted earnings per share excludes the impact of 0.0 million , 0.0 million , and 4.3 million potential common shares , respectively , as their inclusion would have had an anti-dilutive effect .\n12 .\ndeferred compensation plan on march 10 , 2010 , in connection with the company 2019s purchase of $ 28.5 million principal amount of its outstanding senior subordinated debt , the company established the restricted debt unit plan ( the 201crdu plan 201d ) , an unfunded nonqualified deferred compensation plan .\nthe total number of rdus that can be granted under the rdu plan is 28500 .\nat december 31 , 2013 , 28500 rdus were outstanding .\nrdus that are outstanding vest daily on a pro rata basis over the three-year period from january 1 , 2012 ( or , if later , the date of hire or the date of a subsequent rdu grant ) through december 31 , 2014 .\nparticipants have no rights to the underlying debt .\nthe total amount of compensation available to be paid under the rdu plan was initially to be based on two components , a principal component and an interest component .\nthe principal component credits the rdu plan with a notional amount equal to the $ 28.5 million face value of the senior subordinated notes ( the 201cdebt pool 201d ) , together with certain redemption premium equivalents as noted below .\nthe interest component credits the rdu plan with amounts equal to the interest that would have been earned on the debt pool from march 10 , 2010 through maturity on october 12 , 2017 , except as discussed below .\ninterest amounts for 2010 and 2011 were deferred until 2012 , and thereafter , interest amounts were paid to participants semi-annually on the interest payment due dates .\npayments totaling $ 1.7 million and $ 1.3 million were made to participants under the rdu plan in april and october 2013 , respectively , in connection with the semi-annual interest payments due .\nthe company used a portion of the ipo proceeds together with incremental borrowings to redeem $ 324.0 million of the total senior subordinated notes outstanding on august 1 , 2013 .\nin connection with the ipo and the partial redemption of the senior subordinated notes , the company amended the rdu plan to increase the retentive value of the plan .\nin accordance with the original terms of the rdu plan , the principal component of the rdus converted to a cash-denominated pool upon the redemption of the senior subordinated notes .\nin addition , the company added $ 1.4 million to the principal component in the year ended december 31 , 2013 as redemption premium equivalents in accordance with the terms of the rdu plan .\nunder the terms of the amended rdu plan , upon the partial redemption of outstanding senior subordinated notes , the rdus ceased to accrue the proportionate related interest component credits .\nthe .\n\nQuestion: under the rdu program in 2013 , what was the average of the two semi-annual interest payments , in millions?",
        "solution": "1.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2014/page_157.pdf\n\nID: AMT/2014/page_157.pdf-4\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements six-month offering period .\nthe weighted average fair value per share of espp share purchase options during the year ended december 31 , 2014 , 2013 and 2012 was $ 14.83 , $ 13.42 and $ 13.64 , respectively .\nat december 31 , 2014 , 3.4 million shares remain reserved for future issuance under the plan .\nkey assumptions used to apply the black-scholes pricing model for shares purchased through the espp for the years ended december 31 , are as follows: .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['range of risk-free interest rate', '0.06% ( 0.06 % ) 2013 0.11% ( 0.11 % )', '0.07% ( 0.07 % ) 2013 0.13% ( 0.13 % )', '0.05% ( 0.05 % ) 2013 0.12% ( 0.12 % )'], ['weighted average risk-free interest rate', '0.09% ( 0.09 % )', '0.10% ( 0.10 % )', '0.08% ( 0.08 % )'], ['expected life of shares', '6 months', '6 months', '6 months'], ['range of expected volatility of underlying stock price over the option period', '11.29% ( 11.29 % ) 2013 16.59% ( 16.59 % )', '12.21% ( 12.21 % ) 2013 13.57% ( 13.57 % )', '33.16% ( 33.16 % ) 2013 33.86% ( 33.86 % )'], ['weighted average expected volatility of underlying stock price', '14.14% ( 14.14 % )', '12.88% ( 12.88 % )', '33.54% ( 33.54 % )'], ['expected annual dividend yield', '1.50% ( 1.50 % )', '1.50% ( 1.50 % )', '1.50% ( 1.50 % )']]\n\nFollowing Text:\n16 .\nequity mandatory convertible preferred stock offering 2014on may 12 , 2014 , the company completed a registered public offering of 6000000 shares of its 5.25% ( 5.25 % ) mandatory convertible preferred stock , series a , par value $ 0.01 per share ( the 201cmandatory convertible preferred stock 201d ) .\nthe net proceeds of the offering were $ 582.9 million after deducting commissions and estimated expenses .\nthe company used the net proceeds from this offering to fund acquisitions , including the acquisition from richland , initially funded by indebtedness incurred under the 2013 credit facility .\nunless converted earlier , each share of the mandatory convertible preferred stock will automatically convert on may 15 , 2017 , into between 0.9174 and 1.1468 shares of common stock , depending on the applicable market value of the common stock and subject to anti-dilution adjustments .\nsubject to certain restrictions , at any time prior to may 15 , 2017 , holders of the mandatory convertible preferred stock may elect to convert all or a portion of their shares into common stock at the minimum conversion rate then in effect .\ndividends on shares of mandatory convertible preferred stock are payable on a cumulative basis when , as and if declared by the company 2019s board of directors ( or an authorized committee thereof ) at an annual rate of 5.25% ( 5.25 % ) on the liquidation preference of $ 100.00 per share , on february 15 , may 15 , august 15 and november 15 of each year , commencing on august 15 , 2014 to , and including , may 15 , 2017 .\nthe company may pay dividends in cash or , subject to certain limitations , in shares of common stock or any combination of cash and shares of common stock .\nthe terms of the mandatory convertible preferred stock provide that , unless full cumulative dividends have been paid or set aside for payment on all outstanding mandatory convertible preferred stock for all prior dividend periods , no dividends may be declared or paid on common stock .\nstock repurchase program 2014in march 2011 , the board of directors approved a stock repurchase program , pursuant to which the company is authorized to purchase up to $ 1.5 billion of common stock ( 201c2011 buyback 201d ) .\nin september 2013 , the company temporarily suspended repurchases in connection with its acquisition of mipt .\nunder the 2011 buyback , the company is authorized to purchase shares from time to time through open market purchases or privately negotiated transactions at prevailing prices in accordance with securities laws and other legal requirements , and subject to market conditions and other factors .\nto facilitate repurchases , the company .\n\nQuestion: what is the growth rate in the weighted average fair value per share of espp share purchase options from 2013 to 2014?",
        "solution": "10.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2009/page_24.pdf\n\nID: ETR/2009/page_24.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries management's financial discussion and analysis methodology of computing massachusetts state income taxes resulting from legislation passed in the third quarter 2008 , which resulted in an income tax benefit of approximately $ 18.8 million .\nthese factors were partially offset by : income taxes recorded by entergy power generation , llc , prior to its liquidation , resulting from the redemption payments it received in connection with its investment in entergy nuclear power marketing , llc during the third quarter 2008 , which resulted in an income tax expense of approximately $ 16.1 million ; book and tax differences for utility plant items and state income taxes at the utility operating companies , including the flow-through treatment of the entergy arkansas write-offs discussed above .\nthe effective income tax rate for 2007 was 30.7% ( 30.7 % ) .\nthe reduction in the effective income tax rate versus the federal statutory rate of 35% ( 35 % ) in 2007 is primarily due to : a reduction in income tax expense due to a step-up in the tax basis on the indian point 2 non-qualified decommissioning trust fund resulting from restructuring of the trusts , which reduced deferred taxes on the trust fund and reduced current tax expense ; the resolution of tax audit issues involving the 2002-2003 audit cycle ; an adjustment to state income taxes for non-utility nuclear to reflect the effect of a change in the methodology of computing new york state income taxes as required by that state's taxing authority ; book and tax differences related to the allowance for equity funds used during construction ; and the amortization of investment tax credits .\nthese factors were partially offset by book and tax differences for utility plant items and state income taxes at the utility operating companies .\nsee note 3 to the financial statements for a reconciliation of the federal statutory rate of 35.0% ( 35.0 % ) to the effective income tax rates , and for additional discussion regarding income taxes .\nliquidity and capital resources this section discusses entergy's capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement .\ncapital structure entergy's capitalization is balanced between equity and debt , as shown in the following table .\nthe decrease in the debt to capital percentage from 2008 to 2009 is primarily the result of an increase in shareholders' equity primarily due to an increase in retained earnings , partially offset by repurchases of common stock , along with a decrease in borrowings under entergy corporation's revolving credit facility .\nthe increase in the debt to capital percentage from 2007 to 2008 is primarily the result of additional borrowings under entergy corporation's revolving credit facility. .\n\nTable Data:\n[['', '2009', '2008', '2007'], ['net debt to net capital at the end of the year', '53.5% ( 53.5 % )', '55.6% ( 55.6 % )', '54.7% ( 54.7 % )'], ['effect of subtracting cash from debt', '3.8% ( 3.8 % )', '4.1% ( 4.1 % )', '2.9% ( 2.9 % )'], ['debt to capital at the end of the year', '57.3% ( 57.3 % )', '59.7% ( 59.7 % )', '57.6% ( 57.6 % )']]\n\nFollowing Text:\n.\n\nQuestion: what is the change in percentage points in debt-to-capital ratio from 2008 to 2009?",
        "solution": "-2.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2017/page_69.pdf\n\nID: JPM/2017/page_69.pdf-1\n\nPrevious Text:\njpmorgan chase & co./2017 annual report 39 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co .\n( 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 .\nthe s&p 500 index is a commonly referenced equity benchmark in the united states of america ( 201cu.s . 201d ) , consisting of leading companies from different economic sectors .\nthe kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s .\nand is composed of leading national money center and regional banks and thrifts .\nthe s&p financial index is an index of financial companies , all of which are components of the s&p 500 .\nthe firm is a component of all three industry indices .\nthe following table and graph assume simultaneous investments of $ 100 on december 31 , 2012 , in jpmorgan chase common stock and in each of the above indices .\nthe comparison assumes that all dividends are reinvested .\ndecember 31 , ( in dollars ) 2012 2013 2014 2015 2016 2017 .\n\nTable Data:\n[['december 31 ( in dollars )', '2012', '2013', '2014', '2015', '2016', '2017'], ['jpmorgan chase', '$ 100.00', '$ 136.71', '$ 150.22', '$ 162.79', '$ 219.06', '$ 277.62'], ['kbw bank index', '100.00', '137.76', '150.66', '151.39', '194.55', '230.72'], ['s&p financial index', '100.00', '135.59', '156.17', '153.72', '188.69', '230.47'], ['s&p 500 index', '100.00', '132.37', '150.48', '152.55', '170.78', '208.05']]\n\nFollowing Text:\ndecember 31 , ( in dollars ) 201720162015201420132012 .\n\nQuestion: did jpmorgan chase outperform the kbw bank index?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HST/2018/page_160.pdf\n\nID: HST/2018/page_160.pdf-2\n\nPrevious Text:\nschedule iii page 6 of 6 host hotels & resorts , inc. , and subsidiaries host hotels & resorts , l.p. , and subsidiaries real estate and accumulated depreciation december 31 , 2018 ( in millions ) ( b ) the change in accumulated depreciation and amortization of real estate assets for the fiscal years ended december 31 , 2018 , 2017 and 2016 is as follows: .\n\nTable Data:\n[['balance at december 31 2015', '$ 5666'], ['depreciation and amortization', '572'], ['dispositions and other', '-159 ( 159 )'], ['depreciation on assets held for sale', '-130 ( 130 )'], ['balance at december 31 2016', '5949'], ['depreciation and amortization', '563'], ['dispositions and other', '-247 ( 247 )'], ['depreciation on assets held for sale', '7'], ['balance at december 31 2017', '6272'], ['depreciation and amortization', '546'], ['dispositions and other', '-344 ( 344 )'], ['depreciation on assets held for sale', '-101 ( 101 )'], ['balance at december 31 2018', '$ 6373']]\n\nFollowing Text:\n( c ) the aggregate cost of real estate for federal income tax purposes is approximately $ 10458 million at december 31 , 2018 .\n( d ) the total cost of properties excludes construction-in-progress properties. .\n\nQuestion: what was the net change in millions in the accumulated depreciation and amortization of real estate assets from 2016 to 2017?",
        "solution": "323"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KIM/2010/page_86.pdf\n\nID: KIM/2010/page_86.pdf-3\n\nPrevious Text:\nkimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases 2014 the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers .\nthese premises have been sublet to retailers who lease the stores pursuant to net lease agreements .\nincome from the investment in these retail store leases during the years ended december 31 , 2010 , 2009 and 2008 , was approximately $ 1.6 million , $ 0.8 million and $ 2.7 million , respectively .\nthese amounts represent sublease revenues during the years ended december 31 , 2010 , 2009 and 2008 , of approximately $ 5.9 million , $ 5.2 million and $ 7.1 million , respectively , less related expenses of $ 4.3 million , $ 4.4 million and $ 4.4 million , respectively .\nthe company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2011 , $ 5.2 and $ 3.4 ; 2012 , $ 4.1 and $ 2.6 ; 2013 , $ 3.8 and $ 2.3 ; 2014 , $ 2.9 and $ 1.7 ; 2015 , $ 2.1 and $ 1.3 , and thereafter , $ 2.8 and $ 1.6 , respectively .\nleveraged lease 2014 during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties .\nthe properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights .\nthe company 2019s cash equity investment was approximately $ 4.0 million .\nthis equity investment is reported as a net investment in leveraged lease in accordance with the fasb 2019s lease guidance .\nas of december 31 , 2010 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million and the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 33.4 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease .\nas an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease .\naccordingly , this obligation has been offset against the related net rental receivable under the lease .\nat december 31 , 2010 and 2009 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2010', '2009'], ['remaining net rentals', '$ 37.6', '$ 44.1'], ['estimated unguaranteed residual value', '31.7', '31.7'], ['non-recourse mortgage debt', '-30.1 ( 30.1 )', '-34.5 ( 34.5 )'], ['unearned and deferred income', '-34.2 ( 34.2 )', '-37.0 ( 37.0 )'], ['net investment in leveraged lease', '$ 5.0', '$ 4.3']]\n\nFollowing Text:\n10 .\nvariable interest entities : consolidated operating properties 2014 included within the company 2019s consolidated operating properties at december 31 , 2010 are four consolidated entities that are vies and for which the company is the primary beneficiary .\nall of these entities have been established to own and operate real estate property .\nthe company 2019s involvement with these entities is through its majority ownership of the properties .\nthese entities were deemed vies primarily based on the fact that the voting rights of the equity investors are not proportional to their obligation to absorb expected losses or receive the expected residual returns of the entity and substantially all of the entity 2019s activities are conducted on behalf of the investor which has disproportionately fewer voting rights .\nthe company determined that it was the primary beneficiary of these vies as a result of its controlling financial interest .\nduring 2010 , the company sold two consolidated vie 2019s which the company was the primary beneficiary. .\n\nQuestion: what is the total sublease revenue , in millions , from 2008-2010?",
        "solution": "18.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2015/page_86.pdf\n\nID: ABMD/2015/page_86.pdf-3\n\nPrevious Text:\nabiomed , inc .\nand subsidiaries notes to consolidated financial statements 2014 ( continued ) note 3 .\nacquisitions ( continued ) including the revenues of third-party licensees , or ( ii ) the company 2019s sale of ( a ) ecp , ( b ) all or substantially all of ecp 2019s assets , or ( c ) certain of ecp 2019s patent rights , the company will pay to syscore the lesser of ( x ) one-half of the profits earned from such sale described in the foregoing item ( ii ) , after accounting for the costs of acquiring and operating ecp , or ( y ) $ 15.0 million ( less any previous milestone payment ) .\necp 2019s acquisition of ais gmbh aachen innovative solutions in connection with the company 2019s acquisition of ecp , ecp acquired all of the share capital of ais gmbh aachen innovative solutions ( 201cais 201d ) , a limited liability company incorporated in germany , pursuant to a share purchase agreement dated as of june 30 , 2014 , by and among ecp and ais 2019s four individual shareholders .\nais , based in aachen , germany , holds certain intellectual property useful to ecp 2019s business , and , prior to being acquired by ecp , had licensed such intellectual property to ecp .\nthe purchase price for the acquisition of ais 2019s share capital was approximately $ 2.8 million in cash , which was provided by the company , and the acquisition closed immediately prior to abiomed europe 2019s acquisition of ecp .\nthe share purchase agreement contains representations , warranties and closing conditions customary for transactions of its size and nature .\npurchase price allocation the acquisition of ecp and ais was accounted for as a business combination .\nthe purchase price for the acquisition has been allocated to the assets acquired and liabilities assumed based on their estimated fair values .\nthe acquisition-date fair value of the consideration transferred is as follows : acquisition date fair value ( in thousands ) .\n\nTable Data:\n[['', 'total acquisition date fair value ( in thousands )'], ['cash consideration', '$ 15750'], ['contingent consideration', '6000'], ['total consideration transferred', '$ 21750']]\n\nFollowing Text:\n.\n\nQuestion: what portion of total consideration transferred for acquisition of ecp and ais is cash consideration?",
        "solution": "72.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2017/page_154.pdf\n\nID: AWK/2017/page_154.pdf-4\n\nPrevious Text:\nthe following tables present a reconciliation of the beginning and ending balances of the fair value measurements using significant unobservable inputs ( level 3 ) for 2017 and 2016 , respectively: .\n\nTable Data:\n[['', 'level 3'], ['balance as of january 1 2017', '$ 140'], ['actual return on assets', '2'], ['purchases issuances and settlements net', '136'], ['balance as of december 31 2017', '$ 278']]\n\nFollowing Text:\npurchases , issuances and settlements , net .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n( 4 ) balance as of december 31 , 2016 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 140 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts .\nthe investments and risk mitigation strategies for the plans are tailored specifically for each trust .\nin setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company .\nthe company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation .\nconsiderations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns .\nstrategies to address the goal of ensuring sufficient assets to pay benefits include target allocations to a broad array of asset classes and , within asset classes , strategies are employed to provide adequate returns , diversification and liquidity .\nin 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan .\nas part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed-income assets relative to liabilities .\nthe fixed income portion of the portfolio was designed to match the bond-like and long-dated nature of the postretirement liabilities .\nin 2017 , the company further increased its exposure to liability-driven investing and increased its fixed-income allocation to 50% ( 50 % ) , up from 40% ( 40 % ) , in an effort to further decrease the funded status volatility of the plan and hedge the portfolio from movements in interest rates .\nin 2012 , the company also implemented a de-risking strategy for the medical bargaining trust within the plan to minimize volatility .\nin 2017 , the company conducted a new asset-liability study that indicated medical trend inflation that outpaced the consumer price index by more than 2% ( 2 % ) for the last 20 years .\ngiven continuously rising medical costs , the company decided to increase the equity exposure of the portfolio to 30% ( 30 % ) , up from 20% ( 20 % ) , while reducing the fixed-income portion of the portfolio from 80% ( 80 % ) to 70% ( 70 % ) .\nthe company also conducted an asset-liability study for the post-retirement non-bargaining medical plan .\nits allocation was adjusted to make it more conservative , reducing the equity allocation from 70% ( 70 % ) to 60% ( 60 % ) and increasing the fixed- income allocation from 30% ( 30 % ) to 40% ( 40 % ) .\nthe post-retirement medical non-bargaining plan 2019s equity allocation was reduced due to the cap on benefits for some non-union participants and resultant reduction in the plan 2019s liabilities .\nthese changes will take place in 2018 .\nthe company engages third party investment managers for all invested assets .\nmanagers are not permitted to invest outside of the asset class ( e.g .\nfixed income , equity , alternatives ) or strategy for which they have been appointed .\ninvestment management agreements and recurring performance and attribution analysis are used as tools to ensure investment managers invest solely within the investment strategy they have been provided .\nfutures and options may be used to adjust portfolio duration to align with a plan 2019s targeted investment policy. .\n\nQuestion: in 2017 what was the percent of the return on assets to the balance at the end of december",
        "solution": "0.72%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HFC/2011/page_92.pdf\n\nID: HFC/2011/page_92.pdf-5\n\nPrevious Text:\nduring the year ended december 31 , 2011 , we granted 354660 performance share units having a fair value based on our grant date closing stock price of $ 28.79 .\nthese units are payable in stock and are subject to certain financial performance criteria .\nthe fair value of these performance share unit awards is based on the grant date closing stock price of each respective award grant and will apply to the number of units ultimately awarded .\nthe number of shares ultimately issued for each award will be based on our financial performance as compared to peer group companies over the performance period and can range from zero to 200% ( 200 % ) .\nas of december 31 , 2011 , estimated share payouts for outstanding non-vested performance share unit awards ranged from 150% ( 150 % ) to 195% ( 195 % ) .\nfor the legacy frontier performance share units assumed at july 1 , 2011 , performance is based on market performance criteria , which is calculated as the total shareholder return achieved by hollyfrontier stockholders compared with the average shareholder return achieved by an equally-weighted peer group of independent refining companies over a three-year period .\nthese share unit awards are payable in stock based on share price performance relative to the defined peer group and can range from zero to 125% ( 125 % ) of the initial target award .\nthese performance share units were valued at july 1 , 2011 using a monte carlo valuation model , which simulates future stock price movements using key inputs including grant date and measurement date stock prices , expected stock price performance , expected rate of return and volatility of our stock price relative to the peer group over the three-year performance period .\nthe fair value of these performance share units at july 1 , 2011 was $ 8.6 million .\nof this amount , $ 7.3 million relates to post-merger services and will be recognized ratably over the remaining service period through 2013 .\na summary of performance share unit activity and changes during the year ended december 31 , 2011 is presented below: .\n\nTable Data:\n[['performance share units', 'grants'], ['outstanding at january 1 2011 ( non-vested )', '556186'], ['granted ( 1 )', '354660'], ['vesting and transfer of ownership to recipients', '-136058 ( 136058 )'], ['outstanding at december 31 2011 ( non-vested )', '774788']]\n\nFollowing Text:\n( 1 ) includes 225116 non-vested performance share grants under the legacy frontier plan that were outstanding and retained by hollyfrontier at july 1 , 2011 .\nfor the year ended december 31 , 2011 we issued 178148 shares of our common stock having a fair value of $ 2.6 million related to vested performance share units .\nbased on the weighted average grant date fair value of $ 20.71 there was $ 11.7 million of total unrecognized compensation cost related to non-vested performance share units .\nthat cost is expected to be recognized over a weighted-average period of 1.1 years .\nnote 7 : cash and cash equivalents and investments in marketable securities our investment portfolio at december 31 , 2011 consisted of cash , cash equivalents and investments in debt securities primarily issued by government and municipal entities .\nwe also hold 1000000 shares of connacher oil and gas limited common stock that was received as partial consideration upon the sale of our montana refinery in we invest in highly-rated marketable debt securities , primarily issued by government and municipal entities that have maturities at the date of purchase of greater than three months .\nwe also invest in other marketable debt securities with the maximum maturity or put date of any individual issue generally not greater than two years from the date of purchase .\nall of these instruments , including investments in equity securities , are classified as available- for-sale .\nas a result , they are reported at fair value using quoted market prices .\ninterest income is recorded as earned .\nunrealized gains and losses , net of related income taxes , are reported as a component of accumulated other comprehensive income .\nupon sale , realized gains and losses on the sale of marketable securities are computed based on the specific identification of the underlying cost of the securities sold and the unrealized gains and losses previously reported in other comprehensive income are reclassified to current earnings. .\n\nQuestion: what percentage of the fair value of performance share units at july 1 , 2011 was relates to to post-merger services and will be recognized ratably over the remaining service period through 2013?",
        "solution": "84.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FTV/2017/page_45.pdf\n\nID: FTV/2017/page_45.pdf-2\n\nPrevious Text:\n2022 higher 2017 sales volumes , incremental year-over-year cost savings associated with restructuring and productivity improvement initiatives , costs associated with various growth investments made in 2016 and changes in currency exchange rates , partially offset by incremental year-over-year costs associated with various product development and sales and marketing growth investments : 60 basis points year-over-year operating profit margin comparisons were unfavorably impacted by : 2022 the incremental year-over-year net dilutive effect of acquired businesses : 20 basis points 2016 compared to 2015 year-over-year price increases in the segment contributed 0.3% ( 0.3 % ) to sales growth during 2016 as compared to 2015 and are reflected as a component of the change in sales from existing businesses .\nsales from existing businesses in the segment 2019s transportation technologies businesses grew at a high-single digit rate during 2016 as compared to 2015 , due primarily to strong demand for dispenser , payment and point-of-sale systems , environmental compliance products as well as vehicle and fleet management products , partly offset by weaker year-over-year demand for compressed natural gas products .\nas expected , beginning in the second half of 2016 , the business began to experience reduced emv-related demand for indoor point-of-sale solutions , as customers had largely upgraded to products that support indoor emv requirements in the prior year in response to the indoor liability shift .\nhowever , demand increased on a year-over-year basis for dispensers and payment systems as customers in the united states continued to upgrade equipment driven primarily by the emv deadlines related to outdoor payment systems .\ngeographically , sales from existing businesses continued to increase on a year-over-year basis in the united states and to a lesser extent in asia and western europe .\nsales from existing businesses in the segment 2019s automation & specialty components business declined at a low-single digit rate during 2016 as compared to 2015 .\nthe businesses experienced sequential year-over-year improvement in demand during the second half of 2016 as compared to the first half of 2016 .\nduring 2016 , year-over-year demand declined for engine retarder products due primarily to weakness in the north american heavy-truck market , partly offset by strong growth in china and europe .\nin addition , year-over-year demand declined in certain medical and defense related end markets which were partly offset by increased year-over-year demand for industrial automation products particularly in china .\ngeographically , sales from existing businesses in the segment 2019s automation & specialty components businesses declined in north america , partly offset by growth in western europe and china .\nsales from existing businesses in the segment 2019s franchise distribution business grew at a mid-single digit rate during 2016 , as compared to 2015 , due primarily to continued net increases in franchisees as well as continued growth in demand for professional tool products and tool storage products , primarily in the united states .\nthis growth was partly offset by year- over-year declines in wheel service equipment sales during 2016 .\noperating profit margins increased 70 basis points during 2016 as compared to 2015 .\nthe following factors favorably impacted year-over-year operating profit margin comparisons : 2022 higher 2016 sales volumes , pricing improvements , incremental year-over-year cost savings associated with restructuring and productivity improvement initiatives and the incrementally favorable impact of the impairment of certain tradenames used in the segment in 2015 and 2016 , net of costs associated with various growth investments , product development and sales and marketing growth investments , higher year-over-year costs associated with restructuring actions and changes in currency exchange rates : 65 basis points 2022 the incremental net accretive effect in 2016 of acquired businesses : 5 basis points cost of sales and gross profit .\n\nTable Data:\n[['( $ in millions )', 'for the year ended december 31 2017', 'for the year ended december 31 2016', 'for the year ended december 31 2015'], ['sales', '$ 6656.0', '$ 6224.3', '$ 6178.8'], ['cost of sales', '-3357.5 ( 3357.5 )', '-3191.5 ( 3191.5 )', '-3178.8 ( 3178.8 )'], ['gross profit', '3298.5', '3032.8', '3000.0'], ['gross profit margin', '49.6% ( 49.6 % )', '48.7% ( 48.7 % )', '48.6% ( 48.6 % )']]\n\nFollowing Text:\nthe year-over-year increase in cost of sales during 2017 as compared to 2016 is due primarily to the impact of higher year- over-year sales volumes and changes in currency exchange rates partly offset by incremental year-over-year cost savings .\n\nQuestion: what was the percentage change in sales from 2016 to 2017?",
        "solution": "7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_89.pdf\n\nID: GS/2012/page_89.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis we believe our credit ratings are primarily based on the credit rating agencies 2019 assessment of : 2030 our liquidity , market , credit and operational risk management practices ; 2030 the level and variability of our earnings ; 2030 our capital base ; 2030 our franchise , reputation and management ; 2030 our corporate governance ; and 2030 the external operating environment , including the assumed level of government support .\ncertain of the firm 2019s derivatives have been transacted under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings .\nwe assess the impact of these bilateral agreements by determining the collateral or termination payments that would occur assuming a downgrade by all rating agencies .\na downgrade by any one rating agency , depending on the agency 2019s relative ratings of the firm at the time of the downgrade , may have an impact which is comparable to the impact of a downgrade by all rating agencies .\nwe allocate a portion of our gce to ensure we would be able to make the additional collateral or termination payments that may be required in the event of a two-notch reduction in our long-term credit ratings , as well as collateral that has not been called by counterparties , but is available to them .\nthe table below presents the additional collateral or termination payments that could have been called at the reporting date by counterparties in the event of a one-notch and two-notch downgrade in our credit ratings. .\n\nTable Data:\n[['in millions', 'as of december 2012', 'as of december 2011'], ['additional collateral or termination payments for a one-notch downgrade', '$ 1534', '$ 1303'], ['additional collateral or termination payments for a two-notch downgrade', '2500', '2183']]\n\nFollowing Text:\nin millions 2012 2011 additional collateral or termination payments for a one-notch downgrade $ 1534 $ 1303 additional collateral or termination payments for a two-notch downgrade 2500 2183 cash flows as a global financial institution , our cash flows are complex and bear little relation to our net earnings and net assets .\nconsequently , we believe that traditional cash flow analysis is less meaningful in evaluating our liquidity position than the excess liquidity and asset-liability management policies described above .\ncash flow analysis may , however , be helpful in highlighting certain macro trends and strategic initiatives in our businesses .\nyear ended december 2012 .\nour cash and cash equivalents increased by $ 16.66 billion to $ 72.67 billion at the end of 2012 .\nwe generated $ 9.14 billion in net cash from operating and investing activities .\nwe generated $ 7.52 billion in net cash from financing activities from an increase in bank deposits , partially offset by net repayments of unsecured and secured long-term borrowings .\nyear ended december 2011 .\nour cash and cash equivalents increased by $ 16.22 billion to $ 56.01 billion at the end of 2011 .\nwe generated $ 23.13 billion in net cash from operating and investing activities .\nwe used net cash of $ 6.91 billion for financing activities , primarily for repurchases of our series g preferred stock and common stock , partially offset by an increase in bank deposits .\nyear ended december 2010 .\nour cash and cash equivalents increased by $ 1.50 billion to $ 39.79 billion at the end of 2010 .\nwe generated $ 7.84 billion in net cash from financing activities primarily from net proceeds from issuances of short-term secured financings .\nwe used net cash of $ 6.34 billion for operating and investing activities , primarily to fund an increase in securities purchased under agreements to resell and an increase in cash and securities segregated for regulatory and other purposes , partially offset by cash generated from a decrease in securities borrowed .\ngoldman sachs 2012 annual report 87 .\n\nQuestion: what were cash and cash equivalents in billions at the end of 2011?",
        "solution": "56.01"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2009/page_31.pdf\n\nID: PNC/2009/page_31.pdf-4\n\nPrevious Text:\nconsolidated income statement review net income for 2009 was $ 2.4 billion and for 2008 was $ 914 million .\namounts for 2009 include operating results of national city and the fourth quarter impact of a $ 687 million after-tax gain related to blackrock 2019s acquisition of bgi .\nincreases in income statement comparisons to 2008 , except as noted , are primarily due to the operating results of national city .\nour consolidated income statement is presented in item 8 of this report .\nnet interest income and net interest margin year ended december 31 dollars in millions 2009 2008 .\n\nTable Data:\n[['year ended december 31 dollars in millions', '2009', '2008'], ['net interest income', '$ 9083', '$ 3854'], ['net interest margin', '3.82% ( 3.82 % )', '3.37% ( 3.37 % )']]\n\nFollowing Text:\nchanges in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding .\nsee statistical information 2013 analysis of year-to-year changes in net interest ( unaudited ) income and average consolidated balance sheet and net interest analysis in item 8 of this report for additional information .\nhigher net interest income for 2009 compared with 2008 reflected the increase in average interest-earning assets due to national city and the improvement in the net interest margin .\nthe net interest margin was 3.82% ( 3.82 % ) for 2009 and 3.37% ( 3.37 % ) for 2008 .\nthe following factors impacted the comparison : 2022 a decrease in the rate accrued on interest-bearing liabilities of 97 basis points .\nthe rate accrued on interest-bearing deposits , the largest component , decreased 107 basis points .\n2022 these factors were partially offset by a 45 basis point decrease in the yield on interest-earning assets .\nthe yield on loans , which represented the largest portion of our earning assets in 2009 , decreased 30 basis points .\n2022 in addition , the impact of noninterest-bearing sources of funding decreased 7 basis points .\nfor comparing to the broader market , the average federal funds rate was .16% ( .16 % ) for 2009 compared with 1.94% ( 1.94 % ) for 2008 .\nwe expect our net interest income for 2010 will likely be modestly lower as a result of cash recoveries on purchased impaired loans in 2009 and additional run-off of higher- yielding assets , which could be mitigated by rising interest rates .\nthis assumes our current expectations for interest rates and economic conditions 2013 we include our current economic assumptions underlying our forward-looking statements in the cautionary statement regarding forward-looking information section of this item 7 .\nnoninterest income summary noninterest income was $ 7.1 billion for 2009 and $ 2.4 billion for 2008 .\nnoninterest income for 2009 included the following : 2022 the gain on blackrock/bgi transaction of $ 1.076 billion , 2022 net credit-related other-than-temporary impairments ( otti ) on debt and equity securities of $ 577 million , 2022 net gains on sales of securities of $ 550 million , 2022 gains on hedging of residential mortgage servicing rights of $ 355 million , 2022 valuation and sale income related to our commercial mortgage loans held for sale , net of hedges , of $ 107 million , 2022 gains of $ 103 million related to our blackrock ltip shares adjustment in the first quarter , and net losses on private equity and alternative investments of $ 93 million .\nnoninterest income for 2008 included the following : 2022 net otti on debt and equity securities of $ 312 million , 2022 gains of $ 246 million related to our blackrock ltip shares adjustment , 2022 valuation and sale losses related to our commercial mortgage loans held for sale , net of hedges , of $ 197 million , 2022 impairment and other losses related to private equity and alternative investments of $ 180 million , 2022 income from hilliard lyons totaling $ 164 million , including the first quarter gain of $ 114 million from the sale of this business , 2022 net gains on sales of securities of $ 106 million , and 2022 a gain of $ 95 million related to the redemption of a portion of our visa class b common shares related to visa 2019s march 2008 initial public offering .\nadditional analysis asset management revenue increased $ 172 million to $ 858 million in 2009 , compared with $ 686 million in 2008 .\nthis increase reflected improving equity markets , new business generation and a shift in assets into higher yielding equity investments during the second half of 2009 .\nassets managed totaled $ 103 billion at both december 31 , 2009 and 2008 , including the impact of national city .\nthe asset management group section of the business segments review section of this item 7 includes further discussion of assets under management .\nconsumer services fees totaled $ 1.290 billion in 2009 compared with $ 623 million in 2008 .\nservice charges on deposits totaled $ 950 million for 2009 and $ 372 million for 2008 .\nboth increases were primarily driven by the impact of the national city acquisition .\nreduced consumer spending .\n\nQuestion: in percentage points , what was the change in the average federal funds rate from 2009 compared with 2008?",
        "solution": "-1.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2009/page_69.pdf\n\nID: GPN/2009/page_69.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) owns the remaining 44% ( 44 % ) .\nwe purchased our share of gpap philippines for $ 10.9 million .\nthe purpose of this acquisition was to expand our presence in the asia-pacific market .\nthis business acquisition was not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to this acquisition .\nthe following table summarizes the preliminary purchase price allocation ( in thousands ) : .\n\nTable Data:\n[['goodwill', '$ 6286'], ['customer-related intangible assets', '3248'], ['contract-based intangible assets', '952'], ['trademark', '224'], ['property and equipment', '300'], ['total assets acquired', '11010'], ['minority interest in equity of subsidiary ( at historical cost )', '-132 ( 132 )'], ['net assets acquired', '$ 10878']]\n\nFollowing Text:\nall of the goodwill associated with the acquisition is non-deductible for tax purposes .\nthe customer-related intangible assets have amortization periods of 11 years .\nthe contract-based intangible assets have amortization periods of 7 years .\nthe trademark has an amortization period of 5 years .\nmoney transfer branch locations during 2009 , we completed the second and final series of money transfer branch location acquisitions in the united states as part of an assignment and asset purchase agreement with a privately held company .\nthe purpose of this acquisition was to increase the market presence of our dolex-branded money transfer offering .\nthe purchase price of these acquisitions was $ 787 thousand with $ 739 thousand allocated to goodwill and $ 48 thousand allocated to intangibles .\npursuant to our annual impairment test in fiscal 2009 , goodwill and other intangibles related to our money transfer business were deemed impaired .\nplease see note 3 2014impairment charges for further information .\nthis business acquisition was not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to this acquisition .\nfiscal 2008 discover during the year ended may 31 , 2008 , we acquired a portfolio of merchants that process discover transactions and the rights to process discover transactions for our existing and new merchants for $ 6.0 million .\nthe purchase of the portfolio was structured to occur in tranches .\nduring fiscal 2009 , additional tranches were purchased for $ 1.4 million .\nas a result of this acquisition , we now process discover transactions similarly to how we currently process visa and mastercard transactions .\nthe purpose of this acquisition was to offer merchants a single point of contact for discover , visa and mastercard card processing .\nthe operating results of the acquired portfolio have been included in our consolidated financial statements from the dates of acquisition .\nthe customer-related intangible assets have amortization periods of 10 years .\nthese business acquisitions were not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to these acquisitions. .\n\nQuestion: what percent of the assets , purchased in the acquisition , are tangible?",
        "solution": "2.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2014/page_68.pdf\n\nID: BLK/2014/page_68.pdf-1\n\nPrevious Text:\ncontribution incurred in 2013 and foreign currency remeasurement , partially offset by the $ 50 million reduction of an indemnification asset .\nas adjusted .\nexpense , as adjusted , increased $ 362 million , or 6% ( 6 % ) , to $ 6518 million in 2014 from $ 6156 million in 2013 .\nthe increase in total expense , as adjusted , is primarily attributable to higher employee compensation and benefits and direct fund expense .\namounts related to the reduction of the indemnification asset and the charitable contribution have been excluded from as adjusted results .\n2013 compared with 2012 gaap .\nexpense increased $ 510 million , or 9% ( 9 % ) , from 2012 , primarily reflecting higher revenue-related expense and the $ 124 million expense related to the charitable contribution .\nemployee compensation and benefits expense increased $ 273 million , or 8% ( 8 % ) , to $ 3560 million in 2013 from $ 3287 million in 2012 , reflecting higher headcount and higher incentive compensation driven by higher operating income , including higher performance fees .\nemployees at december 31 , 2013 totaled approximately 11400 compared with approximately 10500 at december 31 , 2012 .\ndistribution and servicing costs totaled $ 353 million in 2013 compared with $ 364 million in 2012 .\nthese costs included payments to bank of america/merrill lynch under a global distribution agreement and payments to pnc , as well as other third parties , primarily associated with the distribution and servicing of client investments in certain blackrock products .\ndistribution and servicing costs for 2013 and 2012 included $ 184 million and $ 195 million , respectively , attributable to bank of america/merrill lynch .\ndirect fund expense increased $ 66 million , reflecting higher average aum , primarily related to ishares , where blackrock pays certain nonadvisory expense of the funds .\ngeneral and administration expense increased $ 181 million , largely driven by the $ 124 million expense related to the charitable contribution , higher marketing and promotional costs and various lease exit costs .\nthe full year 2012 included a one-time $ 30 million contribution to stifs .\nas adjusted .\nexpense , as adjusted , increased $ 393 million , or 7% ( 7 % ) , to $ 6156 million in 2013 from $ 5763 million in 2012 .\nthe increase in total expense , as adjusted , is primarily attributable to higher employee compensation and benefits , direct fund expense and general and administration expense .\nnonoperating results nonoperating income ( expense ) , less net income ( loss ) attributable to nci for 2014 , 2013 and 2012 was as follows : ( in millions ) 2014 2013 2012 nonoperating income ( expense ) , gaap basis $ ( 79 ) $ 116 $ ( 54 ) less : net income ( loss ) attributable to nci ( 1 ) ( 30 ) 19 ( 18 ) nonoperating income ( expense ) ( 2 ) ( 49 ) 97 ( 36 ) gain related to the charitable contribution 2014 ( 80 ) 2014 compensation expense related to ( appreciation ) depreciation on deferred compensation plans ( 7 ) ( 10 ) ( 6 ) nonoperating income ( expense ) , as adjusted ( 2 ) $ ( 56 ) $ 7 $ ( 42 ) ( 1 ) amounts included losses of $ 41 million and $ 38 million attributable to consolidated variable interest entities ( 201cvies 201d ) for 2014 and 2012 , respectively .\nduring 2013 , the company did not record any nonoperating income ( loss ) or net income ( loss ) attributable to vies on the consolidated statements of income .\n( 2 ) net of net income ( loss ) attributable to nci. .\n\nTable Data:\n[['( in millions )', '2014', '2013', '2012'], ['nonoperating income ( expense ) gaap basis', '$ -79 ( 79 )', '$ 116', '$ -54 ( 54 )'], ['less : net income ( loss ) attributableto nci ( 1 )', '-30 ( 30 )', '19', '-18 ( 18 )'], ['nonoperating income ( expense ) ( 2 )', '-49 ( 49 )', '97', '-36 ( 36 )'], ['gain related to the charitable contribution', '2014', '-80 ( 80 )', '2014'], ['compensation expense related to ( appreciation ) depreciation on deferred compensation plans', '-7 ( 7 )', '-10 ( 10 )', '-6 ( 6 )'], ['nonoperating income ( expense ) asadjusted ( 2 )', '$ -56 ( 56 )', '$ 7', '$ -42 ( 42 )']]\n\nFollowing Text:\ncontribution incurred in 2013 and foreign currency remeasurement , partially offset by the $ 50 million reduction of an indemnification asset .\nas adjusted .\nexpense , as adjusted , increased $ 362 million , or 6% ( 6 % ) , to $ 6518 million in 2014 from $ 6156 million in 2013 .\nthe increase in total expense , as adjusted , is primarily attributable to higher employee compensation and benefits and direct fund expense .\namounts related to the reduction of the indemnification asset and the charitable contribution have been excluded from as adjusted results .\n2013 compared with 2012 gaap .\nexpense increased $ 510 million , or 9% ( 9 % ) , from 2012 , primarily reflecting higher revenue-related expense and the $ 124 million expense related to the charitable contribution .\nemployee compensation and benefits expense increased $ 273 million , or 8% ( 8 % ) , to $ 3560 million in 2013 from $ 3287 million in 2012 , reflecting higher headcount and higher incentive compensation driven by higher operating income , including higher performance fees .\nemployees at december 31 , 2013 totaled approximately 11400 compared with approximately 10500 at december 31 , 2012 .\ndistribution and servicing costs totaled $ 353 million in 2013 compared with $ 364 million in 2012 .\nthese costs included payments to bank of america/merrill lynch under a global distribution agreement and payments to pnc , as well as other third parties , primarily associated with the distribution and servicing of client investments in certain blackrock products .\ndistribution and servicing costs for 2013 and 2012 included $ 184 million and $ 195 million , respectively , attributable to bank of america/merrill lynch .\ndirect fund expense increased $ 66 million , reflecting higher average aum , primarily related to ishares , where blackrock pays certain nonadvisory expense of the funds .\ngeneral and administration expense increased $ 181 million , largely driven by the $ 124 million expense related to the charitable contribution , higher marketing and promotional costs and various lease exit costs .\nthe full year 2012 included a one-time $ 30 million contribution to stifs .\nas adjusted .\nexpense , as adjusted , increased $ 393 million , or 7% ( 7 % ) , to $ 6156 million in 2013 from $ 5763 million in 2012 .\nthe increase in total expense , as adjusted , is primarily attributable to higher employee compensation and benefits , direct fund expense and general and administration expense .\nnonoperating results nonoperating income ( expense ) , less net income ( loss ) attributable to nci for 2014 , 2013 and 2012 was as follows : ( in millions ) 2014 2013 2012 nonoperating income ( expense ) , gaap basis $ ( 79 ) $ 116 $ ( 54 ) less : net income ( loss ) attributable to nci ( 1 ) ( 30 ) 19 ( 18 ) nonoperating income ( expense ) ( 2 ) ( 49 ) 97 ( 36 ) gain related to the charitable contribution 2014 ( 80 ) 2014 compensation expense related to ( appreciation ) depreciation on deferred compensation plans ( 7 ) ( 10 ) ( 6 ) nonoperating income ( expense ) , as adjusted ( 2 ) $ ( 56 ) $ 7 $ ( 42 ) ( 1 ) amounts included losses of $ 41 million and $ 38 million attributable to consolidated variable interest entities ( 201cvies 201d ) for 2014 and 2012 , respectively .\nduring 2013 , the company did not record any nonoperating income ( loss ) or net income ( loss ) attributable to vies on the consolidated statements of income .\n( 2 ) net of net income ( loss ) attributable to nci. .\n\nQuestion: what is the growth rate in employee headcount from 2012 to 2013?",
        "solution": "8.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2018/page_85.pdf\n\nID: GPN/2018/page_85.pdf-3\n\nPrevious Text:\nmaturity requirements on long-term debt as of december 31 , 2018 by year are as follows ( in thousands ) : years ending december 31 .\n\nTable Data:\n[['2019', '$ 124176'], ['2020', '159979'], ['2021', '195848'], ['2022', '267587'], ['2023', '3945053'], ['2024 and thereafter', '475000'], ['total', '$ 5167643']]\n\nFollowing Text:\ncredit facility we are party to a credit facility agreement with bank of america , n.a. , as administrative agent , and a syndicate of financial institutions as lenders and other agents ( as amended from time to time , the 201ccredit facility 201d ) .\nas of december 31 , 2018 , the credit facility provided for secured financing comprised of ( i ) a $ 1.5 billion revolving credit facility ( the 201crevolving credit facility 201d ) ; ( ii ) a $ 1.5 billion term loan ( the 201cterm a loan 201d ) , ( iii ) a $ 1.37 billion term loan ( the 201cterm a-2 loan 201d ) , ( iv ) a $ 1.14 billion term loan facility ( the 201cterm b-2 loan 201d ) and ( v ) a $ 500 million term loan ( the 201cterm b-4 loan 201d ) .\nsubstantially all of the assets of our domestic subsidiaries are pledged as collateral under the credit facility .\nthe borrowings outstanding under our credit facility as of december 31 , 2018 reflect amounts borrowed for acquisitions and other activities we completed in 2018 , including a reduction to the interest rate margins applicable to our term a loan , term a-2 loan , term b-2 loan and the revolving credit facility , an extension of the maturity dates of the term a loan , term a-2 loan and the revolving credit facility , and an increase in the total financing capacity under the credit facility to approximately $ 5.5 billion in june 2018 .\nin october 2018 , we entered into an additional term loan under the credit facility in the amount of $ 500 million ( the 201cterm b-4 loan 201d ) .\nwe used the proceeds from the term b-4 loan to pay down a portion of the balance outstanding under our revolving credit facility .\nthe credit facility provides for an interest rate , at our election , of either libor or a base rate , in each case plus a margin .\nas of december 31 , 2018 , the interest rates on the term a loan , the term a-2 loan , the term b-2 loan and the term b-4 loan were 4.02% ( 4.02 % ) , 4.01% ( 4.01 % ) , 4.27% ( 4.27 % ) and 4.27% ( 4.27 % ) , respectively , and the interest rate on the revolving credit facility was 3.92% ( 3.92 % ) .\nin addition , we are required to pay a quarterly commitment fee with respect to the unused portion of the revolving credit facility at an applicable rate per annum ranging from 0.20% ( 0.20 % ) to 0.30% ( 0.30 % ) depending on our leverage ratio .\nthe term a loan and the term a-2 loan mature , and the revolving credit facility expires , on january 20 , 2023 .\nthe term b-2 loan matures on april 22 , 2023 .\nthe term b-4 loan matures on october 18 , 2025 .\nthe term a loan and term a-2 loan principal amounts must each be repaid in quarterly installments in the amount of 0.625% ( 0.625 % ) of principal through june 2019 , increasing to 1.25% ( 1.25 % ) of principal through june 2021 , increasing to 1.875% ( 1.875 % ) of principal through june 2022 and increasing to 2.50% ( 2.50 % ) of principal through december 2022 , with the remaining principal balance due upon maturity in january 2023 .\nthe term b-2 loan principal must be repaid in quarterly installments in the amount of 0.25% ( 0.25 % ) of principal through march 2023 , with the remaining principal balance due upon maturity in april 2023 .\nthe term b-4 loan principal must be repaid in quarterly installments in the amount of 0.25% ( 0.25 % ) of principal through september 2025 , with the remaining principal balance due upon maturity in october 2025 .\nwe may issue standby letters of credit of up to $ 100 million in the aggregate under the revolving credit facility .\noutstanding letters of credit under the revolving credit facility reduce the amount of borrowings available to us .\nborrowings available to us under the revolving credit facility are further limited by the covenants described below under 201ccompliance with covenants . 201d the total available commitments under the revolving credit facility at december 31 , 2018 were $ 783.6 million .\nglobal payments inc .\n| 2018 form 10-k annual report 2013 85 .\n\nQuestion: what portion of the total outstanding long-term debt is included in the current liabilities section as of december 31 , 2018?",
        "solution": "2.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2007/page_30.pdf\n\nID: CDNS/2007/page_30.pdf-1\n\nPrevious Text:\nthe graph below matches cadence design systems , inc . 2019s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index , the s&p information technology index , and the nasdaq composite index .\nthe graph assumes that the value of the investment in our common stock , and in each index ( including reinvestment of dividends ) was $ 100 on december 28 , 2002 and tracks it through december 29 , 2007 .\ncomparison of 5 year cumulative total return* among cadence design systems , inc. , the s&p 500 index , the nasdaq composite index and the s&p information technology index 12/29/0712/30/0612/31/051/1/051/3/0412/28/02 cadence design systems , inc .\nnasdaq composite s & p information technology s & p 500 * $ 100 invested on 12/28/02 in stock or on 12/31/02 in index-including reinvestment of dividends .\nindexes calculated on month-end basis .\ncopyright b7 2007 , standard & poor 2019s , a division of the mcgraw-hill companies , inc .\nall rights reserved .\nwww.researchdatagroup.com/s&p.htm .\n\nTable Data:\n[['', '12/28/02', '1/3/04', '1/1/05', '12/31/05', '12/30/06', '12/29/07'], ['cadence design systems inc .', '100.00', '149.92', '113.38', '138.92', '147.04', '139.82'], ['s & p 500', '100.00', '128.68', '142.69', '149.70', '173.34', '182.87'], ['nasdaq composite', '100.00', '149.75', '164.64', '168.60', '187.83', '205.22'], ['s & p information technology', '100.00', '147.23', '150.99', '152.49', '165.32', '192.28']]\n\nFollowing Text:\nthe stock price performance included in this graph is not necessarily indicative of future stock price performance .\n\nQuestion: what is the roi of an investment in cadence design system from 2006 to 2007?",
        "solution": "-4.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2018/page_30.pdf\n\nID: ORLY/2018/page_30.pdf-3\n\nPrevious Text:\nstock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2013 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . .\n\nTable Data:\n[['company/index', 'december 31 , 2013', 'december 31 , 2014', 'december 31 , 2015', 'december 31 , 2016', 'december 31 , 2017', 'december 31 , 2018'], ['o 2019reilly automotive inc .', '$ 100', '$ 150', '$ 197', '$ 216', '$ 187', '$ 268'], ['s&p 500 retail index', '100', '110', '137', '143', '184', '208'], ['s&p 500', '$ 100', '$ 111', '$ 111', '$ 121', '$ 145', '$ 136']]\n\nFollowing Text:\n.\n\nQuestion: what was the five year change in value of the o 2019reilly automotive inc . stock?",
        "solution": "168"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_376.pdf\n\nID: ETR/2008/page_376.pdf-1\n\nPrevious Text:\nentergy texas , inc .\nmanagement's financial discussion and analysis net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges .\nfollowing is an analysis of the change in net revenue comparing 2008 to 2007 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2007 net revenue', '$ 442.3'], ['volume/weather', '-4.6 ( 4.6 )'], ['reserve equalization', '-3.3 ( 3.3 )'], ['securitization transition charge', '9.1'], ['fuel recovery', '7.5'], ['other', '-10.1 ( 10.1 )'], ['2008 net revenue', '$ 440.9']]\n\nFollowing Text:\nthe volume/weather variance is primarily due to decreased usage during the unbilled sales period .\nsee \"critical accounting estimates\" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues .\nthe reserve equalization variance is primarily due to lower reserve equalization revenue related to changes in the entergy system generation mix compared to the same period in 2007 .\nthe securitization transition charge variance is primarily due to the issuance of securitization bonds .\nin june 2007 , entergy gulf states reconstruction funding i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds .\nsee note 5 to the financial statements for additional information regarding the securitization bonds .\nthe fuel recovery variance is primarily due to a reserve for potential rate refunds made in the first quarter 2007 as a result of a puct ruling related to the application of past puct rulings addressing transition to competition in texas .\nthe other variance is primarily caused by various operational effects of the jurisdictional separation on revenues and fuel and purchased power expenses .\ngross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased $ 229.3 million primarily due to the following reasons : an increase of $ 157 million in fuel cost recovery revenues due to higher fuel rates and increased usage , partially offset by interim fuel refunds to customers for fuel cost recovery over-collections through november 2007 .\nthe refund was distributed over a two-month period beginning february 2008 .\nthe interim refund and the puct approval is discussed in note 2 to the financial statements ; an increase of $ 37.1 million in affiliated wholesale revenue primarily due to increases in the cost of energy ; an increase in transition charge amounts collected from customers to service the securitization bonds as discussed above .\nsee note 5 to the financial statements for additional information regarding the securitization bonds ; and implementation of an interim surcharge to collect $ 10.3 million in under-recovered incremental purchased capacity costs incurred through july 2007 .\nthe surcharge was collected over a two-month period beginning february 2008 .\nthe incremental capacity recovery rider and puct approval is discussed in note 2 to the financial statements. .\n\nQuestion: what is the growth rate in net revenue in 2008 for entergy texas , inc.?",
        "solution": "-0.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2015/page_123.pdf\n\nID: BLK/2015/page_123.pdf-4\n\nPrevious Text:\n12 .\nborrowings short-term borrowings 2015 revolving credit facility .\nin march 2011 , the company entered into a five-year $ 3.5 billion unsecured revolving credit facility , which was amended in 2014 , 2013 and 2012 .\nin april 2015 , the company 2019s credit facility was further amended to extend the maturity date to march 2020 and to increase the amount of the aggregate commitment to $ 4.0 billion ( the 201c2015 credit facility 201d ) .\nthe 2015 credit facility permits the company to request up to an additional $ 1.0 billion of borrowing capacity , subject to lender credit approval , increasing the overall size of the 2015 credit facility to an aggregate principal amount not to exceed $ 5.0 billion .\ninterest on borrowings outstanding accrues at a rate based on the applicable london interbank offered rate plus a spread .\nthe 2015 credit facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortization , where net debt equals total debt less unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2015 .\nthe 2015 credit facility provides back-up liquidity to fund ongoing working capital for general corporate purposes and various investment opportunities .\nat december 31 , 2015 , the company had no amount outstanding under the 2015 credit facility .\ncommercial paper program .\non october 14 , 2009 , blackrock established a commercial paper program ( the 201ccp program 201d ) under which the company could issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 4.0 billion as amended in april 2015 .\nthe cp program is currently supported by the 2015 credit facility .\nat december 31 , 2015 , blackrock had no cp notes outstanding .\nlong-term borrowings the carrying value and fair value of long-term borrowings estimated using market prices and foreign exchange rates at december 31 , 2015 included the following : ( in millions ) maturity amount unamortized discount and debt issuance costs carrying value fair value .\n\nTable Data:\n[['( in millions )', 'maturityamount', 'unamortized discount and debt issuance costs', 'carrying value', 'fair value'], ['6.25% ( 6.25 % ) notes due 2017', '$ 700', '$ -1 ( 1 )', '$ 699', '$ 757'], ['5.00% ( 5.00 % ) notes due 2019', '1000', '-3 ( 3 )', '997', '1106'], ['4.25% ( 4.25 % ) notes due 2021', '750', '-5 ( 5 )', '745', '828'], ['3.375% ( 3.375 % ) notes due 2022', '750', '-6 ( 6 )', '744', '773'], ['3.50% ( 3.50 % ) notes due 2024', '1000', '-8 ( 8 )', '992', '1030'], ['1.25% ( 1.25 % ) notes due 2025', '760', '-7 ( 7 )', '753', '729'], ['total long-term borrowings', '$ 4960', '$ -30 ( 30 )', '$ 4930', '$ 5223']]\n\nFollowing Text:\nlong-term borrowings at december 31 , 2014 had a carrying value of $ 4.922 billion and a fair value of $ 5.309 billion determined using market prices at the end of december 2025 notes .\nin may 2015 , the company issued 20ac700 million of 1.25% ( 1.25 % ) senior unsecured notes maturing on may 6 , 2025 ( the 201c2025 notes 201d ) .\nthe notes are listed on the new york stock exchange .\nthe net proceeds of the 2025 notes were used for general corporate purposes , including refinancing of outstanding indebtedness .\ninterest of approximately $ 10 million per year based on current exchange rates is payable annually on may 6 of each year .\nthe 2025 notes may be redeemed in whole or in part prior to maturity at any time at the option of the company at a 201cmake-whole 201d redemption price .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2025 notes .\nupon conversion to u.s .\ndollars the company designated the 20ac700 million debt offering as a net investment hedge to offset its currency exposure relating to its net investment in certain euro functional currency operations .\na gain of $ 19 million , net of tax , was recognized in other comprehensive income for 2015 .\nno hedge ineffectiveness was recognized during 2015 .\n2024 notes .\nin march 2014 , the company issued $ 1.0 billion in aggregate principal amount of 3.50% ( 3.50 % ) senior unsecured and unsubordinated notes maturing on march 18 , 2024 ( the 201c2024 notes 201d ) .\nthe net proceeds of the 2024 notes were used to refinance certain indebtedness which matured in the fourth quarter of 2014 .\ninterest is payable semi-annually in arrears on march 18 and september 18 of each year , or approximately $ 35 million per year .\nthe 2024 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2024 notes .\n2022 notes .\nin may 2012 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations .\nthese notes were issued as two separate series of senior debt securities , including $ 750 million of 1.375% ( 1.375 % ) notes , which were repaid in june 2015 at maturity , and $ 750 million of 3.375% ( 3.375 % ) notes maturing in june 2022 ( the 201c2022 notes 201d ) .\nnet proceeds were used to fund the repurchase of blackrock 2019s common stock and series b preferred from barclays and affiliates and for general corporate purposes .\ninterest on the 2022 notes of approximately $ 25 million per year , respectively , is payable semi-annually on june 1 and december 1 of each year , which commenced december 1 , 2012 .\nthe 2022 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .\nthe 201cmake-whole 201d redemption price represents a price , subject to the specific terms of the 2022 notes and related indenture , that is the greater of ( a ) par value and ( b ) the present value of future payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a .\n\nQuestion: what portion of total long-term borrowings is due in the next 36 months as of december 31 , 2015?",
        "solution": "14.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2004/page_22.pdf\n\nID: ETR/2004/page_22.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries management's financial discussion and analysis other income ( deductions ) changed from $ 47.6 million in 2002 to ( $ 36.0 million ) in 2003 primarily due to a decrease in \"miscellaneous - net\" as a result of a $ 107.7 million accrual in the second quarter of 2003 for the loss that would be associated with a final , non-appealable decision disallowing abeyed river bend plant costs .\nsee note 2 to the consolidated financial statements for more details regarding the river bend abeyed plant costs .\nthe decrease was partially offset by an increase in interest and dividend income as a result of the implementation of sfas 143 .\ninterest on long-term debt decreased from $ 462.0 million in 2002 to $ 433.5 million in 2003 primarily due to the redemption and refinancing of long-term debt .\nnon-utility nuclear following are key performance measures for non-utility nuclear: .\n\nTable Data:\n[['', '2004', '2003', '2002'], ['net mw in operation at december 31', '4058', '4001', '3955'], ['average realized price per mwh', '$ 41.26', '$ 39.38', '$ 40.07'], ['generation in gwh for the year', '32524', '32379', '29953'], ['capacity factor for the year', '92% ( 92 % )', '92% ( 92 % )', '93% ( 93 % )']]\n\nFollowing Text:\n2004 compared to 2003 the decrease in earnings for non-utility nuclear from $ 300.8 million to $ 245.0 million was primarily due to the $ 154.5 million net-of-tax cumulative effect of a change in accounting principle that increased earnings in the first quarter of 2003 upon implementation of sfas 143 .\nsee \"critical accounting estimates - sfas 143\" below for discussion of the implementation of sfas 143 .\nearnings before the cumulative effect of accounting change increased by $ 98.7 million primarily due to the following : 2022 lower operation and maintenance expenses , which decreased from $ 681.8 million in 2003 to $ 595.7 million in 2004 , primarily resulting from charges recorded in 2003 in connection with the voluntary severance program ; 2022 higher revenues , which increased from $ 1.275 billion in 2003 to $ 1.342 billion in 2004 , primarily resulting from higher contract pricing .\nthe addition of a support services contract for the cooper nuclear station and increased generation in 2004 due to power uprates completed in 2003 and fewer planned and unplanned outages in 2004 also contributed to the higher revenues ; and 2022 miscellaneous income resulting from a reduction in the decommissioning liability for a plant , as discussed in note 8 to the consolidated financial statements .\npartially offsetting this increase were the following : 2022 higher income taxes , which increased from $ 88.6 million in 2003 to $ 142.6 million in 2004 ; and 2022 higher depreciation expense , which increased from $ 34.3 million in 2003 to $ 48.9 million in 2004 , due to additions to plant in service .\n2003 compared to 2002 the increase in earnings for non-utility nuclear from $ 200.5 million to $ 300.8 million was primarily due to the $ 154.5 million net-of-tax cumulative effect of a change in accounting principle recognized in the first quarter of 2003 upon implementation of sfas 143 .\nsee \"critical accounting estimates - sfas 143\" below for discussion of the implementation of sfas 143 .\nincome before the cumulative effect of accounting change decreased by $ 54.2 million .\nthe decrease was primarily due to $ 83.0 million ( $ 50.6 million net-of-tax ) of charges recorded in connection with the voluntary severance program .\nexcept for the effect of the voluntary severance program , operation and maintenance expenses in 2003 per mwh of generation were in line with 2002 operation and maintenance expenses. .\n\nQuestion: what is the growth rate in generated gwh per year in 2004 compare to 2003?",
        "solution": "0.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FRT/2004/page_53.pdf\n\nID: FRT/2004/page_53.pdf-2\n\nPrevious Text:\nthe internal revenue code .\ntherefore , cash needed to execute our strategy and invest in new properties , as well as to pay our debt at maturity , must come from one or more of the following sources : 2022 cash not distributed to shareholders , 2022 proceeds of property dispositions , or 2022 proceeds derived from the issuance of new debt or equity securities .\nit is management 2019s intention that we continually have access to the capital resources necessary to expand and develop our business .\nas a result , we intend to operate with and maintain a conservative capital structure that will allow us to maintain strong debt service coverage and fixed-charge coverage ratios as part of our commitment to investment-grade debt ratings .\nwe may , from time to time , seek to obtain funds by the following means : 2022 additional equity offerings , 2022 unsecured debt financing and/or mortgage financings , and 2022 other debt and equity alternatives , including formation of joint ventures , in a manner consistent with our intention to operate with a conservative debt structure .\ncash and cash equivalents were $ 30.5 million and $ 35.0 million at december 31 , 2004 and december 31 , 2003 , respectively .\nsummary of cash flows for the year ended december 31 , 2004 ( in thousands ) .\n\nTable Data:\n[['', 'for the year ended december 31 2004 ( in thousands )'], ['cash provided by operating activities', '$ 161113'], ['cash used in investing activities', '-154273 ( 154273 )'], ['cash used by financing activities', '-11333 ( 11333 )'], ['decrease in cash and cash equivalents', '-4493 ( 4493 )'], ['cash and cash equivalents beginning of period', '34968'], ['cash and cash equivalents end of period', '$ 30475']]\n\nFollowing Text:\nthe cash provided by operating activities is primarily attributable to the operation of our properties and the change in working capital related to our operations .\nwe used cash of $ 154.3 million during the twelve months ended december 31 , 2004 in investing activities , including the following : 2022 $ 101.7 million for our acquisition of westgate mall , shaw 2019s plaza and several parcels of land , 2022 capital expenditures of $ 59.2 million for development and redevelopment of properties including santana row , 2022 maintenance capital expenditures of approximately $ 36.9 million , 2022 $ 9.4 million capital contribution to a real estate partnership , and 2022 an additional $ 3.2 million net advance under an existing mortgage note receivable ; offset by 2022 $ 41.8 million in net sale proceeds from the sale of properties , and .\n\nQuestion: what are the percentage of the acquisition of westgate mall , shaw 2019s plaza , and several parcels of land in the investing activities?\\\\n",
        "solution": "65.91%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2013/page_41.pdf\n\nID: AAPL/2013/page_41.pdf-1\n\nPrevious Text:\ntable of contents the following table presents certain payments due by the company under contractual obligations with minimum firm commitments as of september 28 , 2013 and excludes amounts already recorded on the consolidated balance sheet , except for long-term debt ( in millions ) : lease commitments the company 2019s major facility leases are typically for terms not exceeding 10 years and generally provide renewal options for terms not exceeding five additional years .\nleases 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 .\nas of september 28 , 2013 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 4.7 billion , of which $ 3.5 billion related to leases for retail space .\npurchase commitments with outsourcing partners and component suppliers 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 .\nthese outsourcing partners acquire components and build product based on demand information supplied by the company , which typically covers periods up to 150 days .\nthe company also obtains individual components for its products from a wide variety of individual suppliers .\nconsistent with industry practice , the company acquires components through a combination of purchase orders , supplier contracts , and open orders based on projected demand information .\nwhere appropriate , the purchases are applied to inventory component prepayments that are outstanding with the respective supplier .\nas of september 28 , 2013 , the company had outstanding off-balance sheet third- party manufacturing commitments and component purchase commitments of $ 18.6 billion .\nother obligations in addition to the off-balance sheet commitments mentioned above , the company had outstanding obligations of $ 1.3 billion as of september 28 , 2013 , that consisted mainly of commitments to acquire capital assets , including product tooling and manufacturing process equipment , and commitments related to advertising , research and development , internet and telecommunications services and other obligations .\nthe company 2019s other non-current liabilities in the consolidated balance sheets consist primarily of deferred tax liabilities , gross unrecognized tax benefits and the related gross interest and penalties .\nas of september 28 , 2013 , the company had non-current deferred tax liabilities of $ 16.5 billion .\nadditionally , as of september 28 , 2013 , the company had gross unrecognized tax benefits of $ 2.7 billion and an additional $ 590 million for gross interest and penalties classified as non-current liabilities .\nat this time , the company is unable to make a reasonably reliable estimate of the timing of payments in individual years in connection with these tax liabilities ; therefore , such amounts are not included in the above contractual obligation table .\nindemnification the company generally does not indemnify end-users of its operating system and application software against legal claims that the software infringes third-party intellectual property rights .\nother agreements entered into by payments due in than 1 payments due in payments due in payments due in than 5 years total .\n\nTable Data:\n[['', 'payments due in less than1 year', 'payments due in 1-3 years', 'payments due in 4-5 years', 'payments due in more than5 years', 'total'], ['long-term debt', '$ 0', '$ 2500', '$ 6000', '$ 8500', '$ 17000'], ['operating leases', '610', '1200', '1056', '1855', '4721'], ['purchase obligations', '18616', '0', '0', '0', '18616'], ['other obligations', '1081', '248', '16', '3', '1348'], ['total', '$ 20307', '$ 3948', '$ 7072', '$ 10358', '$ 41685']]\n\nFollowing Text:\n.\n\nQuestion: as of september 28 , 2013 , the company had non-current deferred tax liabilities of $ 16.5 billion . what was the difference between this and the balance of gross unrecognized tax benefits , in billions?",
        "solution": "13.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2006/page_122.pdf\n\nID: RE/2006/page_122.pdf-3\n\nPrevious Text:\nthe following table displays the expected benefit payments in the years indicated : ( dollars in thousands ) .\n\nTable Data:\n[['2007', '$ 117'], ['2008', '140'], ['2009', '203'], ['2010', '263'], ['2011', '328'], ['next 5 years', '2731']]\n\nFollowing Text:\n1 4 .\nd i v i d e n d r e s t r i c t i o n s a n d s t a t u t o r y f i n a n c i a l i n f o r m a t i o n a .\nd i v i d e n d r e s t r i c t i o n s under bermuda law , group is prohibited from declaring or paying a dividend if such payment would reduce the realizable value of its assets to an amount less than the aggregate value of its liabilities and its issued share capital and share premium ( addi- tional paid-in capital ) accounts .\ngroup 2019s ability to pay dividends and its operating expenses is dependent upon dividends from its subsidiaries .\nthe payment of such dividends by insurer subsidiaries is limited under bermuda law and the laws of the var- ious u.s .\nstates in which group 2019s insurance and reinsurance subsidiaries are domiciled or deemed domiciled .\nthe limitations are generally based upon net income and compliance with applicable policyholders 2019 surplus or minimum solvency margin and liquidity ratio requirements as determined in accordance with the relevant statutory accounting practices .\nunder bermuda law , bermuda re is prohibited from declaring or making payment of a dividend if it fails to meet its minimum solvency margin or minimum liquidity ratio .\nas a long-term insurer , bermuda re is also unable to declare or pay a dividend to anyone who is not a policyholder unless , after payment of the dividend , the value of the assets in its long-term business fund , as certified by its approved actuary , exceeds its liabilities for long-term business by at least the $ 250000 minimum solvency margin .\nprior approval of the bermuda monetary authority is required if bermuda re 2019s dividend payments would reduce its prior year-end total statutory capital by 15.0% ( 15.0 % ) or more .\ndelaware law provides that an insurance company which is a member of an insurance holding company system and is domi- ciled in the state shall not pay dividends without giving prior notice to the insurance commissioner of delaware and may not pay dividends without the approval of the insurance commissioner if the value of the proposed dividend , together with all other dividends and distributions made in the preceding twelve months , exceeds the greater of ( 1 ) 10% ( 10 % ) of statutory surplus or ( 2 ) net income , not including realized capital gains , each as reported in the prior year 2019s statutory annual statement .\nin addition , no dividend may be paid in excess of unassigned earned surplus .\nat december 31 , 2006 , everest re had $ 270.4 million available for payment of dividends in 2007 without the need for prior regulatory approval .\nb .\ns t a t u t o r y f i n a n c i a l i n f o r m a t i o n everest re prepares its statutory financial statements in accordance with accounting practices prescribed or permitted by the national association of insurance commissioners ( 201cnaic 201d ) and the delaware insurance department .\nprescribed statutory accounting practices are set forth in the naic accounting practices and procedures manual .\nthe capital and statutory surplus of everest re was $ 2704.1 million ( unaudited ) and $ 2327.6 million at december 31 , 2006 and 2005 , respectively .\nthe statutory net income of everest re was $ 298.7 million ( unaudited ) for the year ended december 31 , 2006 , the statutory net loss was $ 26.9 million for the year ended december 31 , 2005 and the statutory net income $ 175.8 million for the year ended december 31 , 2004 .\nbermuda re prepares its statutory financial statements in conformity with the accounting principles set forth in bermuda in the insurance act 1978 , amendments thereto and related regulations .\nthe statutory capital and surplus of bermuda re was $ 1893.9 million ( unaudited ) and $ 1522.5 million at december 31 , 2006 and 2005 , respectively .\nthe statutory net income of bermuda re was $ 409.8 million ( unaudited ) for the year ended december 31 , 2006 , the statutory net loss was $ 220.5 million for the year ended december 31 , 2005 and the statutory net income was $ 248.7 million for the year ended december 31 , 2004 .\n1 5 .\nc o n t i n g e n c i e s in the ordinary course of business , the company is involved in lawsuits , arbitrations and other formal and informal dispute resolution procedures , the outcomes of which will determine the company 2019s rights and obligations under insurance , reinsur- ance and other contractual agreements .\nin some disputes , the company seeks to enforce its rights under an agreement or to collect funds owing to it .\nin other matters , the company is resisting attempts by others to collect funds or enforce alleged rights .\nthese disputes arise from time to time and as they arise are addressed , and ultimately resolved , through both informal and formal means , including negotiated resolution , arbitration and litigation .\nin all such matters , the company believes that .\n\nQuestion: what was the percentage change in expected benefits payments from 2009 to 2010",
        "solution": "29.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2016/page_50.pdf\n\nID: HWM/2016/page_50.pdf-1\n\nPrevious Text:\nmanagement anticipates that the effective tax rate in 2017 will be between 32% ( 32 % ) and 35% ( 35 % ) .\nhowever , business portfolio actions , changes in the current economic environment , tax legislation or rate changes , currency fluctuations , ability to realize deferred tax assets , movements in stock price impacting tax benefits or deficiencies on stock-based payment awards , and the results of operations in certain taxing jurisdictions may cause this estimated rate to fluctuate .\nsegment information arconic 2019s operations consist of three worldwide reportable segments : global rolled products , engineered products and solutions , and transportation and construction solutions ( see below ) .\nsegment performance under arconic 2019s management reporting system is evaluated based on a number of factors ; however , the primary measure of performance is the after-tax operating income ( atoi ) of each segment .\ncertain items such as the impact of lifo inventory accounting ; metal price lag ( the timing difference created when the average price of metal sold differs from the average cost of the metal when purchased by the respective segment 2014generally when the price of metal increases , metal lag is favorable and when the price of metal decreases , metal lag is unfavorable ) ; interest expense ; noncontrolling interests ; corporate expense ( general administrative and selling expenses of operating the corporate headquarters and other global administrative facilities , along with depreciation and amortization on corporate-owned assets ) ; restructuring and other charges ; and other items , including intersegment profit eliminations , differences between tax rates applicable to the segments and the consolidated effective tax rate , and other nonoperating items such as foreign currency transaction gains/losses and interest income are excluded from segment atoi .\natoi for all reportable segments totaled $ 1087 in 2016 , $ 986 in 2015 , and $ 983 in 2014 .\nthe following information provides shipment , sales and atoi data for each reportable segment , as well as certain realized price data , for each of the three years in the period ended december 31 , 2016 .\nsee note o to the consolidated financial statements in part ii item 8 of this form 10-k for additional information .\nbeginning in the first quarter of 2017 , arconic 2019s segment reporting metric will change from atoi to adjusted ebitda .\nglobal rolled products ( 1 ) .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['third-party aluminum shipments ( kmt )', '1339', '1375', '1598'], ['average realized price per metric ton of aluminum ( 2 )', '$ 3633', '$ 3820', '$ 3970'], ['third-party sales', '$ 4864', '$ 5253', '$ 6344'], ['intersegment sales', '118', '125', '185'], ['total sales', '$ 4982', '$ 5378', '$ 6529'], ['atoi', '$ 269', '$ 225', '$ 224']]\n\nFollowing Text:\n( 1 ) excludes the warrick , in rolling operations and the equity interest in the rolling mill at the joint venture in saudi arabia , both of which were previously part of the global rolled products segment but became part of alcoa corporation effective november 1 , 2016 .\n( 2 ) generally , average realized price per metric ton of aluminum includes two elements : a ) the price of metal ( the underlying base metal component based on quoted prices from the lme , plus a regional premium which represents the incremental price over the base lme component that is associated with physical delivery of metal to a particular region ) , and b ) the conversion price , which represents the incremental price over the metal price component that is associated with converting primary aluminum into sheet and plate .\nin this circumstance , the metal price component is a pass-through to this segment 2019s customers with limited exception ( e.g. , fixed-priced contracts , certain regional premiums ) .\nthe global rolled products segment produces aluminum sheet and plate for a variety of end markets .\nsheet and plate is sold directly to customers and through distributors related to the aerospace , automotive , commercial transportation , packaging , building and construction , and industrial products ( mainly used in the production of machinery and equipment and consumer durables ) end markets .\na small portion of this segment also produces aseptic foil for the packaging end market .\nwhile the customer base for flat-rolled products is large , a significant amount of sales of sheet .\n\nQuestion: what is the percentage of the global rolled products' atoi concerning the total atoi in 2016?",
        "solution": "24.74%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_398.pdf\n\nID: ETR/2011/page_398.pdf-1\n\nPrevious Text:\nsystem energy resources , inc .\nmanagement 2019s financial discussion and analysis sources of capital system energy 2019s sources to meet its capital requirements include : internally generated funds ; cash on hand ; debt issuances ; and bank financing under new or existing facilities .\nsystem energy may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable .\nall debt and common stock issuances by system energy require prior regulatory approval .\ndebt issuances are also subject to issuance tests set forth in its bond indentures and other agreements .\nsystem energy has sufficient capacity under these tests to meet its foreseeable capital needs .\nin february 2012 , system energy vie issued $ 50 million of 4.02% ( 4.02 % ) series h notes due february 2017 .\nsystem energy used the proceeds to purchase additional nuclear fuel .\nsystem energy has obtained a short-term borrowing authorization from the ferc under which it may borrow , through october 2013 , up to the aggregate amount , at any one time outstanding , of $ 200 million .\nsee note 4 to the financial statements for further discussion of system energy 2019s short-term borrowing limits .\nsystem energy has also obtained an order from the ferc authorizing long-term securities issuances .\nthe current long-term authorization extends through july 2013 .\nsystem energy 2019s receivables from the money pool were as follows as of december 31 for each of the following years: .\n\nTable Data:\n[['2011', '2010', '2009', '2008'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 120424', '$ 97948', '$ 90507', '$ 42915']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nnuclear matters system energy owns and operates grand gulf .\nsystem energy is , therefore , subject to the risks related to owning and operating a nuclear plant .\nthese include risks from the use , storage , handling and disposal of high- level and low-level radioactive materials , regulatory requirement changes , including changes resulting from events at other plants , limitations on the amounts and types of insurance commercially available for losses in connection with nuclear operations , and technological and financial uncertainties related to decommissioning nuclear plants at the end of their licensed lives , including the sufficiency of funds in decommissioning trusts .\nin the event of an unanticipated early shutdown of grand gulf , system energy may be required to provide additional funds or credit support to satisfy regulatory requirements for decommissioning .\nafter the nuclear incident in japan resulting from the march 2011 earthquake and tsunami , the nrc established a task force to conduct a review of processes and regulations relating to nuclear facilities in the united states .\nthe task force issued a near term ( 90-day ) report in july 2011 that has made recommendations , which are currently being evaluated by the nrc .\nit is anticipated that the nrc will issue certain orders and requests for information to nuclear plant licensees by the end of the first quarter 2012 that will begin to implement the task force 2019s recommendations .\nthese orders may require u.s .\nnuclear operators , including entergy , to undertake plant modifications or perform additional analyses that could , among other things , result in increased costs and capital requirements associated with operating entergy 2019s nuclear plants. .\n\nQuestion: what was the average system energy 2019s receivables from 2008 to 2011",
        "solution": "87948.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2012/page_34.pdf\n\nID: DRE/2012/page_34.pdf-2\n\nPrevious Text:\n32| | duke realty corporation annual report 2012 2022 in 2010 , we sold approximately 60 acres of land , in two separate transactions , which resulted in impairment charges of $ 9.8 million .\nthese sales were opportunistic in nature and we had not identified or actively marketed this land for disposition , as it was previously intended to be held for development .\ngeneral and administrative expenses general and administrative expenses increased from $ 41.3 million in 2010 to $ 43.1 million in 2011 .\nthe following table sets forth the factors that led to the increase in general and administrative expenses from 2010 to 2011 ( in millions ) : .\n\nTable Data:\n[['general and administrative expenses - 2010', '$ 41.3'], ['increase to overall pool of overhead costs ( 1 )', '5.7'], ['increased absorption of costs by wholly-owned development and leasing activities ( 2 )', '-3.7 ( 3.7 )'], ['increased allocation of costs to service operations and rental operations', '-0.2 ( 0.2 )'], ['general and administrative expenses - 2011', '$ 43.1']]\n\nFollowing Text:\ninterest expense interest expense from continuing operations increased from $ 186.4 million in 2010 to $ 220.5 million in 2011 .\nthe increase was primarily a result of increased average outstanding debt during 2011 compared to 2010 , which was driven by our acquisition activities as well as other uses of capital .\na $ 7.2 million decrease in the capitalization of interest costs , the result of developed properties no longer meeting the criteria for interest capitalization , also contributed to the increase in interest expense .\ngain ( loss ) on debt transactions there were no gains or losses on debt transactions during 2011 .\nduring 2010 , through a cash tender offer and open market transactions , we repurchased certain of our outstanding series of unsecured notes scheduled to mature in 2011 and 2013 .\nin total , we paid $ 292.2 million for unsecured notes that had a face value of $ 279.9 million .\nwe recognized a net loss on extinguishment of $ 16.3 million after considering the write-off of unamortized deferred financing costs , discounts and other accounting adjustments .\nacquisition-related activity during 2011 , we recognized approximately $ 2.3 million in acquisition costs , compared to $ 1.9 million of such costs in 2010 .\nduring 2011 , we also recognized a $ 1.1 million gain related to the acquisition of a building from one of our 50%-owned unconsolidated joint ventures , compared to a $ 57.7 million gain in 2010 on the acquisition of our joint venture partner 2019s 50% ( 50 % ) interest in dugan .\ncritical accounting policies the preparation of our consolidated financial statements in conformity with gaap requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period .\nour estimates , judgments and assumptions are inherently subjective and based on the existing business and market conditions , and are therefore continually evaluated based upon available information and experience .\nnote 2 to the consolidated financial statements includes further discussion of our significant accounting policies .\nour management has assessed the accounting policies used in the preparation of our financial statements and discussed them with our audit committee and independent auditors .\nthe following accounting policies are considered critical based upon materiality to the financial statements , degree of judgment involved in estimating reported amounts and sensitivity to changes in industry and economic conditions : ( 1 ) the increase to our overall pool of overhead costs from 2010 is largely due to increased severance pay related to overhead reductions that took place near the end of 2011 .\n( 2 ) our total leasing activity increased and we also increased wholly owned development activities from 2010 .\nwe capitalized $ 25.3 million and $ 10.4 million of our total overhead costs to leasing and development , respectively , for consolidated properties during 2011 , compared to capitalizing $ 23.5 million and $ 8.5 million of such costs , respectively , for 2010 .\ncombined overhead costs capitalized to leasing and development totaled 20.6% ( 20.6 % ) and 19.1% ( 19.1 % ) of our overall pool of overhead costs for 2011 and 2010 , respectively. .\n\nQuestion: in 2011 what was the percent change in the general and administrative expenses",
        "solution": "4.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2004/page_83.pdf\n\nID: EW/2004/page_83.pdf-1\n\nPrevious Text:\nedwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively .\ncertain facilities and equipment are leased under operating leases expiring at various dates .\nmost of the operating leases contain renewal options .\ntotal expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively .\n11 .\nfinancial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis .\nfinancial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt .\nthe fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices .\nfor other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows .\nthe carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates .\nthe company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. .\n\nTable Data:\n[['', 'operating leases', 'aggregate debt maturities'], ['2005', '$ 13.1', '$ 2014'], ['2006', '11.5', '2014'], ['2007', '8.9', '2014'], ['2008', '8.0', '2014'], ['2009', '7.2', '2014'], ['thereafter', '1.1', '267.1'], ['total obligations and commitments', '$ 49.8', '$ 267.1']]\n\nFollowing Text:\nedwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively .\ncertain facilities and equipment are leased under operating leases expiring at various dates .\nmost of the operating leases contain renewal options .\ntotal expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively .\n11 .\nfinancial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis .\nfinancial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt .\nthe fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices .\nfor other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows .\nthe carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates .\nthe company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. .\n\nQuestion: what was the percentage change in total expense for all operating leases between 2002 and 2003?",
        "solution": "81%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_87.pdf\n\nID: LMT/2013/page_87.pdf-4\n\nPrevious Text:\nvaluation techniques 2013 cash equivalents are mostly comprised of short-term money-market instruments and are valued at cost , which approximates fair value .\nu.s .\nequity securities and international equity securities categorized as level 1 are traded on active national and international exchanges and are valued at their closing prices on the last trading day of the year .\nfor u.s .\nequity securities and international equity securities not traded on an active exchange , or if the closing price is not available , the trustee obtains indicative quotes from a pricing vendor , broker , or investment manager .\nthese securities are categorized as level 2 if the custodian obtains corroborated quotes from a pricing vendor or categorized as level 3 if the custodian obtains uncorroborated quotes from a broker or investment manager .\ncommingled equity funds are investment vehicles valued using the net asset value ( nav ) provided by the fund managers .\nthe nav is the total value of the fund divided by the number of shares outstanding .\ncommingled equity funds are categorized as level 1 if traded at their nav on a nationally recognized securities exchange or categorized as level 2 if the nav is corroborated by observable market data ( e.g. , purchases or sales activity ) and we are able to redeem our investment in the near-term .\nfixed income investments categorized as level 2 are valued by the trustee using pricing models that use verifiable observable market data ( e.g. , interest rates and yield curves observable at commonly quoted intervals and credit spreads ) , bids provided by brokers or dealers , or quoted prices of securities with similar characteristics .\nfixed income investments are categorized at level 3 when valuations using observable inputs are unavailable .\nthe trustee obtains pricing based on indicative quotes or bid evaluations from vendors , brokers , or the investment manager .\nprivate equity funds , real estate funds , and hedge funds are valued using the nav based on valuation models of underlying securities which generally include significant unobservable inputs that cannot be corroborated using verifiable observable market data .\nvaluations for private equity funds and real estate funds are determined by the general partners .\ndepending on the nature of the assets , the general partners may use various valuation methodologies , including the income and market approaches in their models .\nthe market approach consists of analyzing market transactions for comparable assets while the income approach uses earnings or the net present value of estimated future cash flows adjusted for liquidity and other risk factors .\nhedge funds are valued by independent administrators using various pricing sources and models based on the nature of the securities .\nprivate equity funds , real estate funds , and hedge funds are generally categorized as level 3 as we cannot fully redeem our investment in the near-term .\ncommodities are traded on an active commodity exchange and are valued at their closing prices on the last trading day of the year .\ncontributions and expected benefit payments we generally determine funding requirements for our defined benefit pension plans in a manner consistent with cas and internal revenue code rules .\nin 2013 , we made contributions of $ 2.25 billion related to our qualified defined benefit pension plans .\nwe currently plan to make contributions of approximately $ 1.0 billion related to the qualified defined benefit pension plans in 2014 .\nin 2013 , we made contributions of $ 98 million to our retiree medical and life insurance plans .\nwe do not expect to make contributions related to the retiree medical and life insurance plans in 2014 as a result of our 2013 contributions .\nthe following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2013 ( in millions ) : .\n\nTable Data:\n[['', '2014', '2015', '2016', '2017', '2018', '2019 - 2023'], ['qualified defined benefit pension plans', '$ 1960', '$ 2030', '$ 2110', '$ 2200', '$ 2300', '$ 13240'], ['retiree medical and life insurance plans', '200', '210', '210', '220', '220', '1070']]\n\nFollowing Text:\ndefined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees .\nunder the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents .\nour contributions were $ 383 million in 2013 , $ 380 million in 2012 , and $ 378 million in 2011 , the majority of which were funded in our common stock .\nour defined contribution plans held approximately 44.7 million and 48.6 million shares of our common stock as of december 31 , 2013 and 2012. .\n\nQuestion: what is the change in estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2013 , from 2015 to 2016 in millions?",
        "solution": "80"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2006/page_28.pdf\n\nID: PKG/2006/page_28.pdf-4\n\nPrevious Text:\nincentive compensation expense ( $ 8.2 million ) and related fringe benefit costs ( $ 1.4 million ) , and higher warehousing costs due to customer requirements ( $ 2.0 million ) .\ncorporate overhead for the year ended december 31 , 2006 , increased $ 3.1 million , or 6.5% ( 6.5 % ) , from the year ended december 31 , 2005 .\nthe increase was primarily attributable to higher incentive compensation expense ( $ 2.6 million ) and other increased costs which were not individually significant .\nother expense , net , decreased $ 2.1 million , or 20.1% ( 20.1 % ) for the year ended december 31 , 2006 compared to the year ended december 31 , 2005 .\nthe decrease was primarily due to a $ 3.1 million decrease in expenses related to the disposals of property , plant and equipment as part of planned disposals in connection with capital projects .\npartially offsetting the decrease in fixed asset disposal expense was higher legal expenses ( $ 0.5 million ) and increased losses on disposals of storeroom items ( $ 0.4 million ) .\ninterest expense , net and income taxes interest expense , net of interest income , increased by $ 3.1 million , or 11.1% ( 11.1 % ) , for the year ended december 31 , 2006 compared to the full year 2005 , primarily as a result of higher interest expense on our variable rate debt due to higher interest rates .\npca 2019s effective tax rate was 35.8% ( 35.8 % ) for the year ended december 31 , 2006 and 40.2% ( 40.2 % ) for the year ended december 31 , 2005 .\nthe lower tax rate in 2006 is primarily due to a larger domestic manufacturer 2019s deduction and a reduction in the texas state tax rate .\nfor both years 2006 and 2005 , tax rates were higher than the federal statutory rate of 35.0% ( 35.0 % ) due to state income taxes .\nyear ended december 31 , 2005 compared to year ended december 31 , 2004 the historical results of operations of pca for the years ended december 31 , 2005 and 2004 are set forth below : for the year ended december 31 , ( in millions ) 2005 2004 change .\n\nTable Data:\n[['( in millions )', 'for the year ended december 31 , 2005', 'for the year ended december 31 , 2004', 'change'], ['net sales', '$ 1993.7', '$ 1890.1', '$ 103.6'], ['income from operations', '$ 116.1', '$ 140.5', '$ -24.4 ( 24.4 )'], ['interest expense net', '-28.1 ( 28.1 )', '-29.6 ( 29.6 )', '1.5'], ['income before taxes', '88.0', '110.9', '-22.9 ( 22.9 )'], ['provision for income taxes', '-35.4 ( 35.4 )', '-42.2 ( 42.2 )', '6.8'], ['net income', '$ 52.6', '$ 68.7', '$ -16.1 ( 16.1 )']]\n\nFollowing Text:\nnet sales net sales increased by $ 103.6 million , or 5.5% ( 5.5 % ) , for the year ended december 31 , 2005 from the year ended december 31 , 2004 .\nnet sales increased primarily due to increased sales prices and volumes of corrugated products compared to 2004 .\ntotal corrugated products volume sold increased 4.2% ( 4.2 % ) to 31.2 billion square feet in 2005 compared to 29.9 billion square feet in 2004 .\non a comparable shipment-per-workday basis , corrugated products sales volume increased 4.6% ( 4.6 % ) in 2005 from 2004 .\nexcluding pca 2019s acquisition of midland container in april 2005 , corrugated products volume was 3.0% ( 3.0 % ) higher in 2005 than 2004 and up 3.4% ( 3.4 % ) compared to 2004 on a shipment-per-workday basis .\nshipments-per-workday is calculated by dividing our total corrugated products volume during the year by the number of workdays within the year .\nthe larger percentage increase was due to the fact that 2005 had one less workday ( 250 days ) , those days not falling on a weekend or holiday , than 2004 ( 251 days ) .\ncontainerboard sales volume to external domestic and export customers decreased 12.2% ( 12.2 % ) to 417000 tons for the year ended december 31 , 2005 from 475000 tons in 2004. .\n\nQuestion: pca 2019s effective tax rate decreased by how many percentage points for the year ended december 31 , 2006 compared to the year ended december 31 , 2005?",
        "solution": "4.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2010/page_107.pdf\n\nID: MA/2010/page_107.pdf-2\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014continued the municipal bond portfolio is comprised of tax exempt bonds and is diversified across states and sectors .\nthe portfolio has an average credit quality of double-a .\nthe short-term bond funds invest in fixed income securities , including corporate bonds , mortgage-backed securities and asset-backed securities .\nthe company holds investments in ars .\ninterest on these securities is exempt from u.s .\nfederal income tax and the interest rate on the securities typically resets every 35 days .\nthe securities are fully collateralized by student loans with guarantees , ranging from approximately 95% ( 95 % ) to 98% ( 98 % ) of principal and interest , by the u.s .\ngovernment via the department of education .\nbeginning on february 11 , 2008 , the auction mechanism that normally provided liquidity to the ars investments began to fail .\nsince mid-february 2008 , all investment positions in the company 2019s ars investment portfolio have experienced failed auctions .\nthe securities for which auctions have failed have continued to pay interest in accordance with the contractual terms of such instruments and will continue to accrue interest and be auctioned at each respective reset date until the auction succeeds , the issuer redeems the securities or they mature .\nduring 2008 , ars were reclassified as level 3 from level 2 .\nas of december 31 , 2010 , the ars market remained illiquid , but issuer call and redemption activity in the ars student loan sector has occurred periodically since the auctions began to fail .\nduring 2010 and 2009 , the company did not sell any ars in the auction market , but there were calls at par .\nthe table below includes a roll-forward of the company 2019s ars investments from january 1 , 2009 to december 31 , 2010 .\nsignificant unobservable inputs ( level 3 ) ( in millions ) .\n\nTable Data:\n[['', 'significant unobservable inputs ( level 3 ) ( in millions )'], ['fair value december 31 2008', '$ 192'], ['calls at par', '-28 ( 28 )'], ['recovery of unrealized losses due to issuer calls', '5'], ['increase in fair value', '11'], ['fair value december 31 2009', '180'], ['calls at par', '-94 ( 94 )'], ['recovery of unrealized losses due to issuer calls', '13'], ['increase in fair value', '7'], ['fair value december 31 2010', '$ 106']]\n\nFollowing Text:\nthe company evaluated the estimated impairment of its ars portfolio to determine if it was other-than- temporary .\nthe company considered several factors including , but not limited to , the following : ( 1 ) the reasons for the decline in value ( changes in interest rates , credit event , or market fluctuations ) ; ( 2 ) assessments as to whether it is more likely than not that it will hold and not be required to sell the investments for a sufficient period of time to allow for recovery of the cost basis ; ( 3 ) whether the decline is substantial ; and ( 4 ) the historical and anticipated duration of the events causing the decline in value .\nthe evaluation for other-than-temporary impairments is a quantitative and qualitative process , which is subject to various risks and uncertainties .\nthe risks and uncertainties include changes in credit quality , market liquidity , timing and amounts of issuer calls and interest rates .\nas of december 31 , 2010 , the company believed that the unrealized losses on the ars were not related to credit quality but rather due to the lack of liquidity in the market .\nthe company believes that it is more .\n\nQuestion: what is the decrease observed in the fair value of ars investments between 2009 and 2008?",
        "solution": "12"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2008/page_59.pdf\n\nID: UNP/2008/page_59.pdf-3\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations and significant accounting policies operations and segmentation 2013 we are a class i railroad that operates in the united states .\nwe have 32012 route miles , linking pacific coast and gulf coast ports with the midwest and eastern united states gateways and providing several corridors to key mexican gateways .\nwe serve the western two- thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network .\nthe following table provides revenue by commodity group : millions of dollars 2008 2007 2006 .\n\nTable Data:\n[['millions of dollars', '2008', '2007', '2006'], ['agricultural', '$ 3174', '$ 2605', '$ 2385'], ['automotive', '1344', '1458', '1427'], ['chemicals', '2494', '2287', '2084'], ['energy', '3810', '3134', '2949'], ['industrial products', '3273', '3077', '3135'], ['intermodal', '3023', '2925', '2811'], ['total freight revenues', '$ 17118', '$ 15486', '$ 14791'], ['other revenues', '852', '797', '787'], ['total operating revenues', '$ 17970', '$ 16283', '$ 15578']]\n\nFollowing Text:\nbasis of presentation 2013 certain prior year amounts have been reclassified to conform to the current period financial statement presentation .\nthe reclassifications include reporting freight revenues instead of commodity revenues .\nthe amounts reclassified from freight revenues to other revenues totaled $ 30 million and $ 71 million for the years ended december 31 , 2007 , and december 31 , 2006 , respectively .\nin addition , we modified our operating expense categories to report fuel used in railroad operations as a stand-alone category , to combine purchased services and materials into one line , and to reclassify certain other expenses among operating expense categories .\nthese reclassifications had no impact on previously reported operating revenues , total operating expenses , operating income or net income .\nsignificant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries .\ninvestments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting .\nall significant intercompany transactions are eliminated .\nthe corporation evaluates its less than majority-owned investments for consolidation .\n\nQuestion: what percentage of total freight revenues were energy in 2008?",
        "solution": "22%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LLY/2018/page_75.pdf\n\nID: LLY/2018/page_75.pdf-1\n\nPrevious Text:\nshareholder value award program svas are granted to officers and management and are payable in shares of our common stock .\nthe number of shares actually issued , if any , varies depending on our stock price at the end of the three-year vesting period compared to pre-established target stock prices .\nwe measure the fair value of the sva unit on the grant date using a monte carlo simulation model .\nthe model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair value of the award .\nexpected volatilities utilized in the model are based on implied volatilities from traded options on our stock , historical volatility of our stock price , and other factors .\nsimilarly , the dividend yield is based on historical experience and our estimate of future dividend yields .\nthe risk-free interest rate is derived from the u.s .\ntreasury yield curve in effect at the time of grant .\nthe weighted-average fair values of the sva units granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 48.51 , $ 66.25 , and $ 48.68 , respectively , determined using the following assumptions: .\n\nTable Data:\n[['( percents )', '2018', '2017', '2016'], ['expected dividend yield', '2.50% ( 2.50 % )', '2.50% ( 2.50 % )', '2.00% ( 2.00 % )'], ['risk-free interest rate', '2.31', '1.38', '0.92'], ['volatility', '22.26', '22.91', '21.68']]\n\nFollowing Text:\npursuant to this program , approximately 0.7 million shares , 1.1 million shares , and 1.0 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively .\napproximately 1.0 million shares are expected to be issued in 2019 .\nas of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested svas was $ 55.7 million , which will be amortized over the weighted-average remaining requisite service period of 20 months .\nrestricted stock units rsus are granted to certain employees and are payable in shares of our common stock .\nrsu shares are accounted for at fair value based upon the closing stock price on the date of grant .\nthe corresponding expense is amortized over the vesting period , typically three years .\nthe fair values of rsu awards granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 70.95 , $ 72.47 , and $ 71.46 , respectively .\nthe number of shares ultimately issued for the rsu program remains constant with the exception of forfeitures .\npursuant to this program , 1.3 million , 1.4 million , and 1.3 million shares were granted and approximately 1.0 million , 0.9 million , and 0.6 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively .\napproximately 0.8 million shares are expected to be issued in 2019 .\nas of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested rsus was $ 112.2 million , which will be amortized over the weighted- average remaining requisite service period of 21 months .\nnote 12 : shareholders' equity during 2018 , 2017 , and 2016 , we repurchased $ 4.15 billion , $ 359.8 million and $ 540.1 million , respectively , of shares associated with our share repurchase programs .\na payment of $ 60.0 million was made in 2016 for shares repurchased in 2017 .\nduring 2018 , we repurchased $ 2.05 billion of shares , which completed the $ 5.00 billion share repurchase program announced in october 2013 and our board authorized an $ 8.00 billion share repurchase program .\nthere were $ 2.10 billion repurchased under the $ 8.00 billion program in 2018 .\nas of december 31 , 2018 , there were $ 5.90 billion of shares remaining under the 2018 program .\nwe have 5.0 million authorized shares of preferred stock .\nas of december 31 , 2018 and 2017 , no preferred stock was issued .\nwe have an employee benefit trust that held 50.0 million shares of our common stock at both december 31 , 2018 and 2017 , to provide a source of funds to assist us in meeting our obligations under various employee benefit plans .\nthe cost basis of the shares held in the trust was $ 3.01 billion at both december 31 , 2018 and 2017 , and is shown as a reduction of shareholders 2019 equity .\nany dividend transactions between us and the trust are eliminated .\nstock held by the trust is not considered outstanding in the computation of eps .\nthe assets of the trust were not used to fund any of our obligations under these employee benefit plans during the years ended december 31 , 2018 , 2017 , and .\n\nQuestion: what was the percentage change in dollars spent on share repurchase between 2016 and 2017?",
        "solution": "-33%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2010/page_107.pdf\n\nID: MA/2010/page_107.pdf-3\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014continued the municipal bond portfolio is comprised of tax exempt bonds and is diversified across states and sectors .\nthe portfolio has an average credit quality of double-a .\nthe short-term bond funds invest in fixed income securities , including corporate bonds , mortgage-backed securities and asset-backed securities .\nthe company holds investments in ars .\ninterest on these securities is exempt from u.s .\nfederal income tax and the interest rate on the securities typically resets every 35 days .\nthe securities are fully collateralized by student loans with guarantees , ranging from approximately 95% ( 95 % ) to 98% ( 98 % ) of principal and interest , by the u.s .\ngovernment via the department of education .\nbeginning on february 11 , 2008 , the auction mechanism that normally provided liquidity to the ars investments began to fail .\nsince mid-february 2008 , all investment positions in the company 2019s ars investment portfolio have experienced failed auctions .\nthe securities for which auctions have failed have continued to pay interest in accordance with the contractual terms of such instruments and will continue to accrue interest and be auctioned at each respective reset date until the auction succeeds , the issuer redeems the securities or they mature .\nduring 2008 , ars were reclassified as level 3 from level 2 .\nas of december 31 , 2010 , the ars market remained illiquid , but issuer call and redemption activity in the ars student loan sector has occurred periodically since the auctions began to fail .\nduring 2010 and 2009 , the company did not sell any ars in the auction market , but there were calls at par .\nthe table below includes a roll-forward of the company 2019s ars investments from january 1 , 2009 to december 31 , 2010 .\nsignificant unobservable inputs ( level 3 ) ( in millions ) .\n\nTable Data:\n[['', 'significant unobservable inputs ( level 3 ) ( in millions )'], ['fair value december 31 2008', '$ 192'], ['calls at par', '-28 ( 28 )'], ['recovery of unrealized losses due to issuer calls', '5'], ['increase in fair value', '11'], ['fair value december 31 2009', '180'], ['calls at par', '-94 ( 94 )'], ['recovery of unrealized losses due to issuer calls', '13'], ['increase in fair value', '7'], ['fair value december 31 2010', '$ 106']]\n\nFollowing Text:\nthe company evaluated the estimated impairment of its ars portfolio to determine if it was other-than- temporary .\nthe company considered several factors including , but not limited to , the following : ( 1 ) the reasons for the decline in value ( changes in interest rates , credit event , or market fluctuations ) ; ( 2 ) assessments as to whether it is more likely than not that it will hold and not be required to sell the investments for a sufficient period of time to allow for recovery of the cost basis ; ( 3 ) whether the decline is substantial ; and ( 4 ) the historical and anticipated duration of the events causing the decline in value .\nthe evaluation for other-than-temporary impairments is a quantitative and qualitative process , which is subject to various risks and uncertainties .\nthe risks and uncertainties include changes in credit quality , market liquidity , timing and amounts of issuer calls and interest rates .\nas of december 31 , 2010 , the company believed that the unrealized losses on the ars were not related to credit quality but rather due to the lack of liquidity in the market .\nthe company believes that it is more .\n\nQuestion: what is the percentual decrease observed in the fair value of ars investments between 2009 and 2008?",
        "solution": "6.25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2006/page_48.pdf\n\nID: FIS/2006/page_48.pdf-2\n\nPrevious Text:\nhigher average borrowings .\nadditionally , the recapitalization that occurred late in the first quarter of 2005 resulted in a full year of interest in 2006 as compared to approximately ten months in 2005 .\nthe increase in interest expense in 2005 as compared to 2004 also resulted from the recapitalization in 2005 .\nincome tax expense income tax expense totaled $ 150.2 million , $ 116.1 million and $ 118.3 million for 2006 , 2005 and 2004 , respectively .\nthis resulted in an effective tax rate of 37.2% ( 37.2 % ) , 37.2% ( 37.2 % ) and 37.6% ( 37.6 % ) for 2006 , 2005 and 2004 , respectively .\nnet earnings net earnings totaled $ 259.1 million , $ 196.6 and $ 189.4 million for 2006 , 2005 and 2004 , respectively , or $ 1.37 , $ 1.53 and $ 1.48 per diluted share , respectively .\nsegment results of operations transaction processing services ( in thousands ) .\n\nTable Data:\n[['', '2006', '2005', '2004'], ['processing and services revenues', '$ 2458777', '$ 1208430', '$ 892033'], ['cost of revenues', '1914148', '904124', '667078'], ['gross profit', '544629', '304306', '224955'], ['selling general and administrative expenses', '171106', '94889', '99581'], ['research and development costs', '70879', '85702', '54038'], ['operating income', '$ 302644', '$ 123715', '$ 71336']]\n\nFollowing Text:\nrevenues for the transaction processing services segment are derived from three main revenue channels ; enterprise solutions , integrated financial solutions and international .\nrevenues from transaction processing services totaled $ 2458.8 million , $ 1208.4 and $ 892.0 million for 2006 , 2005 and 2004 , respectively .\nthe overall segment increase of $ 1250.4 million during 2006 , as compared to 2005 was primarily attributable to the certegy merger which contributed $ 1067.2 million to the overall increase .\nthe majority of the remaining 2006 growth is attributable to organic growth within the historically owned integrated financial solutions and international revenue channels , with international including $ 31.9 million related to the newly formed business process outsourcing operation in brazil .\nthe overall segment increase of $ 316.4 in 2005 as compared to 2004 results from the inclusion of a full year of results for the 2004 acquisitions of aurum , sanchez , kordoba , and intercept , which contributed $ 301.1 million of the increase .\ncost of revenues for the transaction processing services segment totaled $ 1914.1 million , $ 904.1 million and $ 667.1 million for 2006 , 2005 and 2004 , respectively .\nthe overall segment increase of $ 1010.0 million during 2006 as compared to 2005 was primarily attributable to the certegy merger which contributed $ 848.2 million to the increase .\ngross profit as a percentage of revenues ( 201cgross margin 201d ) was 22.2% ( 22.2 % ) , 25.2% ( 25.2 % ) and 25.2% ( 25.2 % ) for 2006 , 2005 and 2004 , respectively .\nthe decrease in gross profit in 2006 as compared to 2005 is primarily due to the february 1 , 2006 certegy merger , which businesses typically have lower margins than those of the historically owned fis businesses .\nincremental intangible asset amortization relating to the certegy merger also contributed to the decrease in gross margin .\nincluded in cost of revenues was depreciation and amortization of $ 272.4 million , $ 139.8 million , and $ 94.6 million for 2006 , 2005 and 2004 , respectively .\nselling , general and administrative expenses totaled $ 171.1 million , $ 94.9 million and $ 99.6 million for 2006 , 2005 and 2004 , respectively .\nthe increase in 2006 compared to 2005 is primarily attributable to the certegy merger which contributed $ 73.7 million to the overall increase of $ 76.2 million .\nthe decrease of $ 4.7 million in 2005 as compared to 2004 is primarily attributable to the effect of acquisition related costs in 2004 .\nincluded in selling , general and administrative expenses was depreciation and amortization of $ 11.0 million , $ 9.1 million and $ 2.3 million for 2006 , 2005 and 2004 , respectively. .\n\nQuestion: what was the percentage change in operating income from 2005 to 2006?",
        "solution": "145%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2005/page_109.pdf\n\nID: AMT/2005/page_109.pdf-2\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 2003 were $ 10.08 , $ 7.05 , and $ 6.32 per share , respectively .\nkey assumptions used to apply this pricing model are as follows : july 1 , 2005 2013 december 31 , 2005 january 1 , 2005 2013 june 30 , 2005 2004 2003 .\n\nTable Data:\n[['', 'july 1 2005 2013 december 31 2005', 'january 1 2005 2013 june 30 2005', '2004', '2003'], ['approximate risk-free interest rate', '3.22% ( 3.22 % ) - 4.40% ( 4.40 % )', '4.17% ( 4.17 % ) - 4.40% ( 4.40 % )', '4.23% ( 4.23 % )', '4.00% ( 4.00 % )'], ['expected life of option grants', '6.25 years', '4 years', '4 years', '4 years'], ['expected volatility of underlying stock', '29.6% ( 29.6 % )', '75.3% ( 75.3 % ) - 79.2% ( 79.2 % )', '80.6% ( 80.6 % )', '86.6% ( 86.6 % )'], ['expected volatility of underlying stock ( atc mexico and atc south america plans )', 'n/a', 'n/a', 'n/a', 'n/a'], ['expected dividends', 'n/a', 'n/a', 'n/a', 'n/a']]\n\nFollowing Text:\nvoluntary option exchanges 2014in february 2004 , the company issued to eligible employees 1032717 options with an exercise price of $ 11.19 per share , the fair market value of the class a common stock on the date of grant .\nthese options were issued in connection with a voluntary option exchange program entered into by the company in august 2003 , pursuant to which the company accepted for surrender and cancelled options to purchase a total of 1831981 shares of its class a common stock having an exercise price of $ 10.25 or greater .\nthe program , which was offered to both full and part-time employees , excluding the company 2019s executive officers and its directors , provided for the grant ( at least six months and one day from the surrender date to employees still employed on that date ) of new options exercisable for two shares of class a common stock for every three shares of class a common stock issuable upon exercise of a surrendered option .\nno options were granted to any employees who participated in the exchange offer between the cancellation date and the new grant atc mexico stock option plan 2014the company maintains a stock option plan in its atc mexico subsidiary ( atc mexico plan ) .\nthe atc mexico plan provides for the issuance of options to officers , employees , directors and consultants of atc mexico .\nthe atc mexico plan limits the number of shares of common stock which may be granted to an aggregate of 360 shares , subject to adjustment based on changes in atc mexico 2019s capital structure .\nduring 2002 , atc mexico granted options to purchase 318 shares of atc mexico common stock to officers and employees .\nsuch options were issued at one time with an exercise price of $ 10000 per share .\nthe exercise price per share was at fair market value as determined by the board of directors with the assistance of an independent appraisal performed at the company 2019s request .\nthe fair value of atc mexico plan options granted during 2002 were $ 3611 per share as determined by using the black-scholes option pricing model .\nas described in note 11 , all outstanding options were exercised in march 2004 .\nno options under the atc mexico plan were outstanding as of december 31 , 2005 .\n( see note 11. ) atc south america stock option plan 2014the company maintains a stock option plan in its atc south america subsidiary ( atc south america plan ) .\nthe atc south america plan provides for the issuance of options to officers , employees , directors and consultants of atc south america .\nthe atc south america plan limits the number of shares of common stock which may be granted to an aggregate of 6144 shares , ( an approximate 10.3% ( 10.3 % ) interest on a fully-diluted basis ) , subject to adjustment based on changes in atc south america 2019s capital structure .\nduring 2004 , atc south america granted options to purchase 6024 shares of atc south america common stock to officers and employees , including messrs .\ngearon and hess , who received options to purchase an approximate 6.7% ( 6.7 % ) and 1.6% ( 1.6 % ) interest , respectively .\nsuch options were issued at one time with an exercise price of $ 1349 per share .\nthe exercise price per share was at fair market value on the date of issuance as determined by the board of directors with the assistance of an independent appraisal performed at the company 2019s request .\nthe fair value of atc south america plan options granted during 2004 were $ 79 per share as determined by using the black-scholes option pricing model .\noptions granted vest upon the earlier to occur of ( a ) the exercise by or on behalf of mr .\ngearon of his right to sell his interest in atc south america to the company , ( b ) the .\n\nQuestion: what was the percentage change in the stock volatility from 2003 to 2004",
        "solution": "-6.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2008/page_127.pdf\n\nID: RSG/2008/page_127.pdf-2\n\nPrevious Text:\nthe number of shares issued will be determined as the par value of the debentures divided by the average trading stock price over the preceding five-day period .\nat december 31 , 2008 , the unamortized adjustment to fair value for these debentures was $ 28.7 million , which is being amortized through april 15 , 2011 , the first date that the holders can require us to redeem the debentures .\ntax-exempt financings as of december 31 , 2008 and 2007 , we had $ 1.3 billion and $ .7 billion of fixed and variable rate tax-exempt financings outstanding , respectively , with maturities ranging from 2010 to 2037 .\nduring 2008 , we issued $ 207.4 million of tax-exempt bonds .\nin addition , we acquired $ 527.0 million of tax-exempt bonds and other tax-exempt financings as part of our acquisition of allied in december 2008 .\nat december 31 , 2008 , the total of the unamortized adjustments to fair value for these financings was $ 52.9 million , which is being amortized to interest expense over the remaining terms of the debt .\napproximately two-thirds of our tax-exempt financings are remarketed weekly or daily , by a remarketing agent to effectively maintain a variable yield .\nthese variable rate tax-exempt financings are credit enhanced with letters of credit having terms in excess of one year issued by banks with credit ratings of aa or better .\nthe holders of the bonds can put them back to the remarketing agent at the end of each interest period .\nto date , the remarketing agents have been able to remarket our variable rate unsecured tax-exempt bonds .\nas of december 31 , 2008 , we had $ 281.9 million of restricted cash , of which $ 133.5 million was proceeds from the issuance of tax-exempt bonds and other tax-exempt financings and will be used to fund capital expenditures under the terms of the agreements .\nrestricted cash also includes amounts held in trust as a financial guarantee of our performance .\nother debt other debt primarily includes capital lease liabilities of $ 139.5 million and $ 35.4 million as of december 31 , 2008 and 2007 , respectively , with maturities ranging from 2009 to 2042 .\nfuture maturities of debt aggregate maturities of notes payable , capital leases and other long-term debt as of december 31 , 2008 , excluding non-cash discounts , premiums , adjustments to fair market value of related to hedging transactions and adjustments to fair market value recorded in purchase accounting totaling $ 821.9 million , are as follows ( in millions ) : years ending december 31 , 2009 ( 1 ) .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 507.4 .\n\nTable Data:\n[['2009 ( 1 )', '$ 507.4'], ['2010', '387.5'], ['2011', '1138.1'], ['2012', '38.4'], ['2013', '1139.2'], ['thereafter', '5313.8'], ['total', '$ 8524.4']]\n\nFollowing Text:\n( 1 ) includes the receivables secured loan , which is a 364-day liquidity facility with a maturity date of may 29 , 2009 and has a balance of $ 400.0 million at december 31 , 2008 .\nalthough we intend to renew the liquidity facility prior to its maturity date , the outstanding balance is classified as a current liability because it has a contractual maturity of less than one year .\nrepublic services , inc .\nand subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 119000000 ***%%pcmsg|117 |00024|yes|no|02/28/2009 17:21|0|0|page is valid , no graphics -- color : d| .\n\nQuestion: what is the ratio in the future maturities of debt aggregate maturities from 2013 to 2012",
        "solution": "29.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_100.pdf\n\nID: C/2008/page_100.pdf-3\n\nPrevious Text:\ncapital resources and liquidity capital resources overview capital is generally generated via earnings from operating businesses .\nthis is augmented through issuance of common stock , convertible preferred stock , preferred stock , subordinated debt , and equity issued through awards under employee benefit plans .\ncapital is used primarily to support assets in the company 2019s businesses and to absorb unexpected market , credit or operational losses .\nthe company 2019s uses of capital , particularly to pay dividends and repurchase common stock , became severely restricted during the latter half of 2008 .\nsee 201cthe company , 201d 201cmanagement 2019s discussion and analysis 2013 events in 2008 , 201d 201ctarp and other regulatory programs , 201d 201crisk factors 201d and 201ccommon equity 201d on pages 2 , 9 , 44 , 47 and 95 , respectively .\ncitigroup 2019s capital management framework is designed to ensure that citigroup and its principal subsidiaries maintain sufficient capital consistent with the company 2019s risk profile , all applicable regulatory standards and guidelines , and external rating agency considerations .\nthe capital management process is centrally overseen by senior management and is reviewed at the consolidated , legal entity , and country level .\nsenior management oversees the capital management process of citigroup and its principal subsidiaries mainly through citigroup 2019s finance and asset and liability committee ( finalco ) .\nthe committee is composed of the senior-most management of citigroup for the purpose of engaging management in decision-making and related discussions on capital and liquidity items .\namong other things , the committee 2019s responsibilities include : determining the financial structure of citigroup and its principal subsidiaries ; ensuring that citigroup and its regulated entities are adequately capitalized ; determining appropriate asset levels and return hurdles for citigroup and individual businesses ; reviewing the funding and capital markets plan for citigroup ; and monitoring interest-rate risk , corporate and bank liquidity , the impact of currency translation on non-u.s .\nearnings and capital .\nthe finalco has established capital targets for citigroup and for significant subsidiaries .\nat december 31 , 2008 , these targets exceeded the regulatory standards .\ncommon and preferred stock issuances as discussed under 201cevents in 2008 201d on page 9 , during 2008 , the company issued $ 45 billion in preferred stock and warrants under tarp , $ 12.5 billion of convertible preferred stock in a private offering , $ 11.7 billion of non-convertible preferred stock in public offerings , $ 3.2 billion of convertible preferred stock in public offerings , and $ 4.9 billion of common stock in public offerings .\non january 23 , 2009 , pursuant to our prior agreement with the purchasers of the $ 12.5 billion convertible preferred stock issued in the private offering , the conversion price was reset from $ 31.62 per share to $ 26.35 per share .\nthe reset will result in citigroup 2019s issuing approximately 79 million additional common shares if converted .\nthere will be no impact to net income , total stockholders 2019 equity or capital ratios due to the reset .\nhowever , the reset will result in a reclassification from retained earnings to additional paid-in capital of $ 1.2 billion to reflect the benefit of the reset to the preferred stockholders .\ncapital ratios citigroup is subject to risk-based capital ratio guidelines issued by the federal reserve board ( frb ) .\ncapital adequacy is measured via two risk- based ratios , tier 1 and total capital ( tier 1 + tier 2 capital ) .\ntier 1 capital is considered core capital while total capital also includes other items such as subordinated debt and loan loss reserves .\nboth measures of capital are stated as a percentage of risk-weighted assets .\nrisk-weighted assets are measured primarily on their perceived credit risk and include certain off-balance-sheet exposures , such as unfunded loan commitments and letters of credit , and the notional amounts of derivative and foreign- exchange contracts .\ncitigroup is also subject to the leverage ratio requirement , a non-risk-based asset ratio , which is defined as tier 1 capital as a percentage of adjusted average assets .\nto be 201cwell capitalized 201d under federal bank regulatory agency definitions , a bank holding company must have a tier 1 capital ratio of at least 6% ( 6 % ) , a total capital ratio of at least 10% ( 10 % ) , and a leverage ratio of at least 3% ( 3 % ) , and not be subject to an frb directive to maintain higher capital levels .\nas noted in the following table , citigroup maintained a 201cwell capitalized 201d position during both 2008 and 2007 .\ncitigroup regulatory capital ratios at year end 2008 2007 .\n\nTable Data:\n[['at year end', '2008', '2007'], ['tier 1 capital', '11.92% ( 11.92 % )', '7.12% ( 7.12 % )'], ['total capital ( tier 1 and tier 2 )', '15.70', '10.70'], ['leverage ( 1 )', '6.08', '4.03']]\n\nFollowing Text:\nleverage ( 1 ) 6.08 4.03 ( 1 ) tier 1 capital divided by adjusted average assets .\nevents occurring during 2008 , including the transactions with the u.s .\ngovernment , affected citigroup 2019s capital ratios , and any additional u.s .\ngovernment financial involvement with the company could further impact the company 2019s capital ratios .\nin addition , future operations will affect capital levels , and changes that the fasb has proposed regarding off-balance-sheet assets , consolidation and sale treatment could also have an impact on capital ratios .\nsee also note 23 to the consolidated financial statements on page 175 , including 201cfunding liquidity facilities and subordinate interests . 201d .\n\nQuestion: what was the percent of the change in the citigroup regulatory capital ratios total capital ( tier 1 and tier 2 ) from 2007 to 2008",
        "solution": "46.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ALXN/2016/page_89.pdf\n\nID: ALXN/2016/page_89.pdf-1\n\nPrevious Text:\nrisks related to our common stock our stock price is extremely volatile .\nthe trading price of our common stock has been extremely volatile and may continue to be volatile in the future .\nmany factors could have an impact on our stock price , including fluctuations in our or our competitors 2019 operating results , clinical trial results or adverse events associated with our products , product development by us or our competitors , changes in laws , including healthcare , tax or intellectual property laws , intellectual property developments , changes in reimbursement or drug pricing , the existence or outcome of litigation or government proceedings , including the sec/doj investigation , failure to resolve , delays in resolving or other developments with respect to the issues raised in the warning letter , acquisitions or other strategic transactions , and the perceptions of our investors that we are not performing or meeting expectations .\nthe trading price of the common stock of many biopharmaceutical companies , including ours , has experienced extreme price and volume fluctuations , which have at times been unrelated to the operating performance of the companies whose stocks were affected .\nanti-takeover provisions in our charter and bylaws and under delaware law could make a third-party acquisition of us difficult and may frustrate any attempt to remove or replace our current management .\nour corporate charter and by-law provisions may discourage certain types of transactions involving an actual or potential change of control that might be beneficial to us or our stockholders .\nour bylaws provide that special meetings of our stockholders may be called only by the chairman of the board , the president , the secretary , or a majority of the board of directors , or upon the written request of stockholders who together own of record 25% ( 25 % ) of the outstanding stock of all classes entitled to vote at such meeting .\nour bylaws also specify that the authorized number of directors may be changed only by resolution of the board of directors .\nour charter does not include a provision for cumulative voting for directors , which may have enabled a minority stockholder holding a sufficient percentage of a class of shares to elect one or more directors .\nunder our charter , our board of directors has the authority , without further action by stockholders , to designate up to 5 shares of preferred stock in one or more series .\nthe rights of the holders of common stock will be subject to , and may be adversely affected by , the rights of the holders of any class or series of preferred stock that may be issued in the future .\nbecause we are a delaware corporation , the anti-takeover provisions of delaware law could make it more difficult for a third party to acquire control of us , even if the change in control would be beneficial to stockholders .\nwe are subject to the provisions of section 203 of the delaware general laws , which prohibits a person who owns in excess of 15% ( 15 % ) of our outstanding voting stock from merging or combining with us for a period of three years after the date of the transaction in which the person acquired in excess of 15% ( 15 % ) of our outstanding voting stock , unless the merger or combination is approved in a prescribed manner .\nitem 1b .\nunresolved staff comments .\nitem 2 .\nproperties .\nwe conduct our primary operations at the owned and leased facilities described below .\nlocation operations conducted approximate square feet expiration new haven , connecticut corporate headquarters and executive , sales , research and development offices 514000 2030 dublin , ireland global supply chain , distribution , and administration offices 160000 owned .\n\nTable Data:\n[['location', 'operations conducted', 'approximatesquare feet', 'leaseexpirationdates'], ['new haven connecticut', 'corporate headquarters and executive sales research and development offices', '514000', '2030'], ['dublin ireland', 'global supply chain distribution and administration offices', '160000', 'owned'], ['athlone ireland', 'commercial research and development manufacturing', '80000', 'owned'], ['lexington massachusetts', 'research and development offices', '81000', '2019'], ['bogart georgia', 'commercial research and development manufacturing', '70000', 'owned'], ['smithfield rhode island', 'commercial research and development manufacturing', '67000', 'owned'], ['zurich switzerland', 'regional executive and sales offices', '69000', '2025']]\n\nFollowing Text:\nwe believe that our administrative office space is adequate to meet our needs for the foreseeable future .\nwe also believe that our research and development facilities and our manufacturing facilities , together with third party manufacturing facilities , will be adequate for our on-going activities .\nin addition to the locations above , we also lease space in other u.s .\nlocations and in foreign countries to support our operations as a global organization. .\n\nQuestion: how many square feet are owned by the company?",
        "solution": "377000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAG/2007/page_42.pdf\n\nID: CAG/2007/page_42.pdf-2\n\nPrevious Text:\nconsumer foods net sales decreased $ 94 million for the year to $ 6.5 billion .\nsales volume declined by 1% ( 1 % ) in fiscal 2006 , principally due to declines in certain shelf stable brands .\nsales of the company 2019s top thirty brands , which represented approximately 83% ( 83 % ) of total segment sales during fiscal 2006 , were flat as a group , as sales of some of the company 2019s most significant brands , including chef boyardee ae , marie callender 2019s ae , orville redenbacher 2019s ae , slim jim ae , hebrew national ae , kid cuisine ae , reddi-wip ae , vancamp ae , libby 2019s ae , lachoy ae , the max ae , manwich ae , david 2019s ae , ro*tel ae , angela mia ae , and mama rosa ae grew in fiscal 2006 , but were largely offset by sales declines for the year for hunt 2019s ae , wesson ae , act ii ae , snack pack ae , swiss miss ae , pam ae , egg beaters ae , blue bonnet ae , parkay ae , and rosarita ae .\nfood and ingredients net sales increased $ 203 million to $ 3.2 billion , primarily reflecting price increases driven by higher input costs for potato , wheat milling , and dehydrated vegetable operations .\nnet sales were also impacted , to a lesser degree , by a 4% ( 4 % ) increase in potato products volume compared to the prior year .\ntrading and merchandising net sales decreased $ 38 million to $ 1.2 billion .\nthe decrease resulted principally from lower grain and edible bean merchandising volume resulting from the divestment or closure of various locations .\ninternational foods net sales increased $ 27 million to $ 603 million .\nthe strengthening of foreign currencies relative to the u.s .\ndollar accounted for $ 24 million of the increase .\noverall volume growth was modest as the 10% ( 10 % ) volume growth from the top six international brands ( orville redenbacher 2019s ae , act ii ae , snack pack ae , chef boyardee ae , hunt 2019s ae , and pam ae ) , which account for 55% ( 55 % ) of total segment sales , was offset by sales declines related to the discontinuance of a number of low margin products .\ngross profit ( net sales less cost of goods sold ) ( $ in millions ) reporting segment fiscal 2006 gross profit fiscal 2005 gross profit % (  % ) increase/ ( decrease ) .\n\nTable Data:\n[['reporting segment', 'fiscal 2006 gross profit', 'fiscal 2005 gross profit', '% (  % ) increase/ ( decrease )'], ['consumer foods', '$ 1842', '$ 1890', '( 3 ) % (  % )'], ['food and ingredients', '538', '512', '5% ( 5 % )'], ['trading and merchandising', '278', '282', '( 1 ) % (  % )'], ['international foods', '165', '150', '10% ( 10 % )'], ['total', '$ 2823', '$ 2834', '2014% ( 2014 % )']]\n\nFollowing Text:\nthe company 2019s gross profit for fiscal 2006 was $ 2.8 billion , a decrease of $ 11 million from the prior year , as improvements in the foods and ingredients and international foods segments were more than offset by declines in the consumer foods and trading and merchandising segments .\ngross profit includes $ 20 million of costs associated with the company 2019s restructuring plans in fiscal 2006 , and $ 17 million of costs incurred to implement the company 2019s operational efficiency initiatives in fiscal 2005 .\nconsumer foods gross profit for fiscal 2006 was $ 1.8 billion , a decrease of $ 48 million from fiscal 2005 , driven principally by a 2% ( 2 % ) decline in sales volumes .\nfiscal 2006 gross profit includes $ 20 million of costs related to the company 2019s restructuring plan , and fiscal 2005 gross profit includes $ 16 million of costs related to implementing the company 2019s operational efficiency initiatives .\ngross profit was negatively impacted by increased costs of fuel and energy , transportation and warehousing , steel , and other packaging materials in both fiscal 2006 and 2005 .\nfood and ingredients gross profit for fiscal 2006 was $ 538 million , an increase of $ 26 million over the prior year .\nthe gross profit improvement was driven almost entirely by the vegetable processing and dehydration businesses ( including potatoes , garlic , onions , and chili peppers ) as a result of higher volume ( both domestic and export ) , increased value-added sales mix and pricing improvements partially offset by higher raw product and conversion costs. .\n\nQuestion: what percentage of total gross profit was due to food and ingredients in fiscal 2006?",
        "solution": "19%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2010/page_42.pdf\n\nID: RE/2010/page_42.pdf-2\n\nPrevious Text:\nunited kingdom .\nbermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .\nbermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .\nif bermuda re 2019s bermuda operations were to become subject to uk income tax , there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .\nireland .\nholdings ireland and ireland re conduct business in ireland and are subject to taxation in ireland .\navailable information .\nthe 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 ) .\nitem 1a .\nrisk 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 .\nif 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 .\nrisks relating to our business fluctuations in the financial markets could result in investment losses .\nprolonged and severe disruptions in the public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio .\nfor the year ended december 31 , 2008 , we incurred $ 695.8 million of realized investment gains and $ 310.4 million of unrealized investment losses .\nalthough financial markets significantly improved during 2009 and 2010 , they could deteriorate in the future and again result in substantial realized and unrealized losses , which could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings .\nour results could be adversely affected by catastrophic events .\nwe are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .\nany 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 .\nsubsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes .\nprior to april 1 , 2010 , we used a threshold of $ 5.0 million .\nby way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: .\n\nTable Data:\n[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2010', '$ 571.1'], ['2009', '67.4'], ['2008', '364.3'], ['2007', '160.0'], ['2006', '287.9']]\n\nFollowing Text:\n.\n\nQuestion: what would be the net value , in millions of dollars , of investment gains in 2008 if all unrealized losses were realized?",
        "solution": "385.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2003/page_30.pdf\n\nID: AAPL/2003/page_30.pdf-2\n\nPrevious Text:\n30 of 93 liquidity and capital resources the following table presents selected financial information and statistics for each of the last three fiscal years ( dollars in millions ) : .\n\nTable Data:\n[['', '2003', '2002', '2001'], ['cash cash equivalents and short-term investments', '$ 4566', '$ 4337', '$ 4336'], ['accounts receivable net', '$ 766', '$ 565', '$ 466'], ['inventory', '$ 56', '$ 45', '$ 11'], ['working capital', '$ 3530', '$ 3730', '$ 3625'], ['days sales in accounts receivable ( dso ) ( a )', '41', '36', '29'], ['days of supply in inventory ( b )', '4', '4', '1'], ['days payables outstanding ( dpo ) ( c )', '82', '77', '73'], ['annual operating cash flow', '$ 289', '$ 89', '$ 185']]\n\nFollowing Text:\n( a ) dso is based on ending net trade receivables and most recent quarterly net sales for each period .\n( b ) days supply of inventory is based on ending inventory and most recent quarterly cost of sales for each period .\n( c ) dpo is based on ending accounts payable and most recent quarterly cost of sales adjusted for the change in inventory .\nas of september 27 , 2003 , the company 2019s cash , cash equivalents , and short-term investments portfolio totaled $ 4.566 billion , an increase of $ 229 million from the end of fiscal 2002 .\nthe company 2019s short-term investment portfolio consists primarily of investments in u.s .\ntreasury and agency securities , u.s .\ncorporate securities , and foreign securities .\nforeign securities consist primarily of foreign commercial paper , certificates of deposit and time deposits with foreign institutions , most of which are denominated in u.s .\ndollars .\nthe company 2019s investments are generally liquid and investment grade .\nas a result of declining investment yields on the company 2019s cash equivalents and short-term investments resulting from substantially lower market interest rates during 2003 , the company has elected to reduce the average maturity of its portfolio to maintain liquidity for future investment opportunities when market interest rates increase .\naccordingly , during 2003 the company increased its holdings in short-term investment grade instruments , both in u.s .\ncorporate and foreign securities , that are classified as cash equivalents and has reduced its holdings in longer-term u.s .\ncorporate securities classified as short-term investments .\nalthough the company 2019s cash , cash equivalents , and short-term investments increased in 2003 , the company 2019s working capital at september 27 , 2003 decreased by $ 200 million as compared to the end of fiscal 2002 due primarily to the current year reclassification of the company 2019s long-term debt as a current obligation resulting from its scheduled maturity in february 2004 .\nthe primary sources of total cash and cash equivalents in fiscal 2003 were $ 289 million in cash generated by operating activities and $ 53 million in proceeds from the issuance of common stock , partially offset by $ 164 million utilized for capital expenditures and $ 26 million for the repurchase of common stock .\nthe company believes its existing balances of cash , cash equivalents , and short-term investments will be sufficient to satisfy its working capital needs , capital expenditures , debt obligations , stock repurchase activity , outstanding commitments , and other liquidity requirements associated with its existing operations over the next 12 months .\nthe company currently has debt outstanding in the form of $ 300 million of aggregate principal amount 6.5% ( 6.5 % ) unsecured notes that were originally issued in 1994 .\nthe notes , which pay interest semiannually , were sold at 99.925% ( 99.925 % ) of par , for an effective yield to maturity of 6.51% ( 6.51 % ) .\nthe notes , along with approximately $ 4 million of unamortized deferred gains on closed interest rate swaps , are due in february 2004 and therefore have been classified as current debt as of september 27 , 2003 .\nthe company currently anticipates utilizing its existing cash balances to settle these notes when due .\ncapital expenditures the company 2019s total capital expenditures were $ 164 million during fiscal 2003 , $ 92 million of which were for retail store facilities and equipment related to the company 2019s retail segment and $ 72 million of which were primarily for corporate infrastructure , including information systems enhancements and operating facilities enhancements and expansions .\nthe company currently anticipates it will utilize approximately $ 160 million for capital expenditures during 2004 , approximately $ 85 million of which is expected to be utilized for further expansion of the company 2019s retail segment and the remainder utilized to support normal replacement of existing capital assets and enhancements to general information technology infrastructure .\nstock repurchase plan in july 1999 , the company's board of directors authorized a plan for the company to repurchase up to $ 500 million of its common stock .\nthis repurchase plan does not obligate the company to acquire any specific number of shares or acquire shares over any specified period of time. .\n\nQuestion: what was the lowest inventory amount , in millions?",
        "solution": "11"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2017/page_91.pdf\n\nID: GPN/2017/page_91.pdf-2\n\nPrevious Text:\nleveraged performance units during the year ended may 31 , 2015 , certain executives were granted performance units that we refer to as 201cleveraged performance units , 201d or 201clpus . 201d lpus contain a market condition based on our relative stock price growth over a three-year performance period .\nthe lpus contain a minimum threshold performance which , if not met , would result in no payout .\nthe lpus also contain a maximum award opportunity set as a fixed dollar and fixed number of shares .\nafter the three-year performance period , which concluded in october 2017 , one-third of the earned units converted to unrestricted common stock .\nthe remaining two-thirds converted to restricted stock that will vest in equal installments on each of the first two anniversaries of the conversion date .\nwe recognize share-based compensation expense based on the grant date fair value of the lpus , as determined by use of a monte carlo model , on a straight-line basis over the requisite service period for each separately vesting portion of the lpu award .\nthe following table summarizes the changes in unvested restricted stock and performance awards for the year ended december 31 , 2017 , the 2016 fiscal transition period and for the years ended may 31 , 2016 and 2015 : shares weighted-average grant-date fair value ( in thousands ) .\n\nTable Data:\n[['', 'shares ( in thousands )', 'weighted-averagegrant-datefair value'], ['unvested at may 31 2014', '1754', '$ 22.72'], ['granted', '954', '36.21'], ['vested', '-648 ( 648 )', '23.17'], ['forfeited', '-212 ( 212 )', '27.03'], ['unvested at may 31 2015', '1848', '28.97'], ['granted', '461', '57.04'], ['vested', '-633 ( 633 )', '27.55'], ['forfeited', '-70 ( 70 )', '34.69'], ['unvested at may 31 2016', '1606', '37.25'], ['granted', '348', '74.26'], ['vested', '-639 ( 639 )', '31.38'], ['forfeited', '-52 ( 52 )', '45.27'], ['unvested at december 31 2016', '1263', '49.55'], ['granted', '899', '79.79'], ['vested', '-858 ( 858 )', '39.26'], ['forfeited', '-78 ( 78 )', '59.56'], ['unvested at december 31 2017', '1226', '$ 78.29']]\n\nFollowing Text:\nthe total fair value of restricted stock and performance awards vested was $ 33.7 million for the year ended december 31 , 2017 , $ 20.0 million for the 2016 fiscal transition period and $ 17.4 million and $ 15.0 million , respectively , for the years ended may 31 , 2016 and 2015 .\nfor restricted stock and performance awards , we recognized compensation expense of $ 35.2 million for the year ended december 31 , 2017 , $ 17.2 million for the 2016 fiscal transition period and $ 28.8 million and $ 19.8 million , respectively , for the years ended may 31 , 2016 and 2015 .\nas of december 31 , 2017 , there was $ 46.1 million of unrecognized compensation expense related to unvested restricted stock and performance awards that we expect to recognize over a weighted-average period of 1.8 years .\nour restricted stock and performance award plans provide for accelerated vesting under certain conditions .\nstock options stock options are granted with an exercise price equal to 100% ( 100 % ) of fair market value of our common stock on the date of grant and have a term of ten years .\nstock options granted before the year ended may 31 , 2015 vest in equal installments on each of the first four anniversaries of the grant date .\nstock options granted during the year ended may 31 , 2015 and thereafter vest in equal installments on each of the first three anniversaries of the grant date .\nour stock option plans provide for accelerated vesting under certain conditions .\nglobal payments inc .\n| 2017 form 10-k annual report 2013 91 .\n\nQuestion: what was the percentage chaning in the total fair value of restricted stock and performance awards vested from 2016 to 2017?",
        "solution": "69%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_267.pdf\n\nID: ETR/2008/page_267.pdf-4\n\nPrevious Text:\nentergy arkansas , inc .\nmanagement's financial discussion and analysis gross operating revenues and fuel and purchased power expenses gross operating revenues increased primarily due to : an increase of $ 114 million in gross wholesale revenue due to an increase in the average price of energy available for resale sales and an increase in sales to affiliated customers ; an increase of $ 106.1 million in production cost allocation rider revenues which became effective in july 2007 as a result of the system agreement proceedings .\nas a result of the system agreement proceedings , entergy arkansas also has a corresponding increase in deferred fuel expense for payments to other entergy system companies such that there is no effect on net income .\nentergy arkansas makes payments over a seven-month period but collections from customers occur over a twelve-month period .\nthe production cost allocation rider is discussed in note 2 to the financial statements and the system agreement proceedings are referenced below under \"federal regulation\" ; and an increase of $ 58.9 million in fuel cost recovery revenues due to changes in the energy cost recovery rider effective april 2008 and september 2008 , partially offset by decreased usage .\nthe energy cost recovery rider filings are discussed in note 2 to the financial statements .\nthe increase was partially offset by a decrease of $ 14.6 million related to volume/weather , as discussed above .\nfuel and purchased power expenses increased primarily due to an increase of $ 106.1 million in deferred system agreement payments , as discussed above and an increase in the average market price of purchased power .\n2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory credits .\nfollowing is an analysis of the change in net revenue comparing 2007 to 2006 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2006 net revenue', '$ 1074.5'], ['net wholesale revenue', '13.2'], ['transmission revenue', '11.8'], ['deferred fuel costs revisions', '8.6'], ['other', '2.5'], ['2007 net revenue', '$ 1110.6']]\n\nFollowing Text:\nthe net wholesale revenue variance is primarily due to lower wholesale revenues in the third quarter 2006 due to an october 2006 ferc order requiring entergy arkansas to make a refund to a coal plant co-owner resulting from a contract dispute , in addition to re-pricing revisions , retroactive to 2003 , of $ 5.9 million of purchased power agreements among entergy system companies as directed by the ferc .\nthe transmission revenue variance is primarily due to higher rates and the addition of new transmission customers in late 2006 .\nthe deferred fuel cost revisions variance is primarily due to the 2006 energy cost recovery true-up , made in the first quarter 2007 , which increased net revenue by $ 6.6 million .\ngross operating revenue and fuel and purchased power expenses gross operating revenues decreased primarily due to a decrease of $ 173.1 million in fuel cost recovery revenues due to a decrease in the energy cost recovery rider effective april 2007 .\nthe energy cost recovery rider is discussed in note 2 to the financial statements .\nthe decrease was partially offset by production cost allocation rider revenues of $ 124.1 million that became effective in july 2007 as a result of the system agreement proceedings .\nas .\n\nQuestion: what is the net change in net revenue during 2007 for entergy arkansas , inc.?",
        "solution": "36.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2017/page_68.pdf\n\nID: ECL/2017/page_68.pdf-3\n\nPrevious Text:\ncash and cash equivalents cash equivalents include highly-liquid investments with a maturity of three months or less when purchased .\naccounts receivable and allowance for doubtful accounts accounts receivable are carried at the invoiced amounts , less an allowance for doubtful accounts , and generally do not bear interest .\nthe company estimates the balance of allowance for doubtful accounts by analyzing accounts receivable balances by age and applying historical write-off and collection trend rates .\nthe company 2019s estimates include separately providing for customer receivables based on specific circumstances and credit conditions , and when it is deemed probable that the balance is uncollectible .\naccount balances are written off against the allowance when it is determined the receivable will not be recovered .\nthe company 2019s allowance for doubtful accounts balance also includes an allowance for the expected return of products shipped and credits related to pricing or quantities shipped of $ 15 million , $ 14 million and $ 15 million as of december 31 , 2017 , 2016 , and 2015 , respectively .\nreturns and credit activity is recorded directly to sales as a reduction .\nthe following table summarizes the activity in the allowance for doubtful accounts: .\n\nTable Data:\n[['( millions )', '2017', '2016', '2015'], ['beginning balance', '$ 67.6', '$ 75.3', '$ 77.5'], ['bad debt expense', '17.1', '20.1', '25.8'], ['write-offs', '-15.7 ( 15.7 )', '-24.6 ( 24.6 )', '-21.9 ( 21.9 )'], ['other ( a )', '2.5', '-3.2 ( 3.2 )', '-6.1 ( 6.1 )'], ['ending balance', '$ 71.5', '$ 67.6', '$ 75.3']]\n\nFollowing Text:\n( a ) other amounts are primarily the effects of changes in currency translations and the impact of allowance for returns and credits .\ninventory valuations inventories are valued at the lower of cost or net realizable value .\ncertain u.s .\ninventory costs are determined on a last-in , first-out ( 201clifo 201d ) basis .\nlifo inventories represented 39% ( 39 % ) and 40% ( 40 % ) of consolidated inventories as of december 31 , 2017 and 2016 , respectively .\nall other inventory costs are determined using either the average cost or first-in , first-out ( 201cfifo 201d ) methods .\ninventory values at fifo , as shown in note 5 , approximate replacement cost .\nproperty , plant and equipment property , plant and equipment assets are stated at cost .\nmerchandising and customer equipment consists principally of various dispensing systems for the company 2019s cleaning and sanitizing products , dishwashing machines and process control and monitoring equipment .\ncertain dispensing systems capitalized by the company are accounted for on a mass asset basis , whereby equipment is capitalized and depreciated as a group and written off when fully depreciated .\nthe company capitalizes both internal and external costs of development or purchase of computer software for internal use .\ncosts incurred for data conversion , training and maintenance associated with capitalized software are expensed as incurred .\nexpenditures for major renewals and improvements , which significantly extend the useful lives of existing plant and equipment , are capitalized and depreciated .\nexpenditures for repairs and maintenance are charged to expense as incurred .\nupon retirement or disposition of plant and equipment , the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in income .\ndepreciation is charged to operations using the straight-line method over the assets 2019 estimated useful lives ranging from 5 to 40 years for buildings and leasehold improvements , 3 to 20 years for machinery and equipment , 3 to 15 years for merchandising and customer equipment and 3 to 7 years for capitalized software .\nthe straight-line method of depreciation reflects an appropriate allocation of the cost of the assets to earnings in proportion to the amount of economic benefits obtained by the company in each reporting period .\ndepreciation expense was $ 586 million , $ 561 million and $ 560 million for 2017 , 2016 and 2015 , respectively. .\n\nQuestion: what is the percentage change in the balance of allowance for doubtful accounts from 2016 to 2017?",
        "solution": "5.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_186.pdf\n\nID: GS/2012/page_186.pdf-3\n\nPrevious Text:\nnotes to consolidated financial statements note 20 .\nregulation and capital adequacy the federal reserve board is the primary regulator of group inc. , a bank holding company under the bank holding company act of 1956 ( bhc act ) and a financial holding company under amendments to the bhc act effected by the u.s .\ngramm-leach-bliley act of 1999 .\nas a bank holding company , the firm is subject to consolidated regulatory capital requirements that are computed in accordance with the federal reserve board 2019s risk-based capital requirements ( which are based on the 2018basel 1 2019 capital accord of the basel committee ) .\nthese capital requirements are expressed as capital ratios that compare measures of capital to risk-weighted assets ( rwas ) .\nthe firm 2019s u.s .\nbank depository institution subsidiaries , including gs bank usa , are subject to similar capital requirements .\nunder the federal reserve board 2019s capital adequacy requirements and the regulatory framework for prompt corrective action that is applicable to gs bank usa , the firm and its u.s .\nbank depository institution subsidiaries must meet specific capital requirements that involve quantitative measures of assets , liabilities and certain off- balance-sheet items as calculated under regulatory reporting practices .\nthe firm and its u.s .\nbank depository institution subsidiaries 2019 capital amounts , as well as gs bank usa 2019s prompt corrective action classification , are also subject to qualitative judgments by the regulators about components , risk weightings and other factors .\nmany of the firm 2019s subsidiaries , including gs&co .\nand the firm 2019s other broker-dealer subsidiaries , are subject to separate regulation and capital requirements as described below .\ngroup inc .\nfederal reserve board regulations require bank holding companies to maintain a minimum tier 1 capital ratio of 4% ( 4 % ) and a minimum total capital ratio of 8% ( 8 % ) .\nthe required minimum tier 1 capital ratio and total capital ratio in order to be considered a 201cwell-capitalized 201d bank holding company under the federal reserve board guidelines are 6% ( 6 % ) and 10% ( 10 % ) , respectively .\nbank holding companies may be expected to maintain ratios well above the minimum levels , depending on their particular condition , risk profile and growth plans .\nthe minimum tier 1 leverage ratio is 3% ( 3 % ) for bank holding companies that have received the highest supervisory rating under federal reserve board guidelines or that have implemented the federal reserve board 2019s risk-based capital measure for market risk .\nother bank holding companies must have a minimum tier 1 leverage ratio of 4% ( 4 % ) .\nthe table below presents information regarding group inc . 2019s regulatory capital ratios. .\n\nTable Data:\n[['$ in millions', 'as of december 2012', 'as of december 2011'], ['tier 1 capital', '$ 66977', '$ 63262'], ['tier 2 capital', '$ 13429', '$ 13881'], ['total capital', '$ 80406', '$ 77143'], ['risk-weighted assets', '$ 399928', '$ 457027'], ['tier 1 capital ratio', '16.7% ( 16.7 % )', '13.8% ( 13.8 % )'], ['total capital ratio', '20.1% ( 20.1 % )', '16.9% ( 16.9 % )'], ['tier 1 leverage ratio', '7.3% ( 7.3 % )', '7.0% ( 7.0 % )']]\n\nFollowing Text:\nrwas under the federal reserve board 2019s risk-based capital requirements are calculated based on the amount of market risk and credit risk .\nrwas for market risk are determined by reference to the firm 2019s value-at-risk ( var ) model , supplemented by other measures to capture risks not reflected in the firm 2019s var model .\ncredit risk for on- balance sheet assets is based on the balance sheet value .\nfor off-balance sheet exposures , including otc derivatives and commitments , a credit equivalent amount is calculated based on the notional amount of each trade .\nall such assets and exposures are then assigned a risk weight depending on , among other things , whether the counterparty is a sovereign , bank or a qualifying securities firm or other entity ( or if collateral is held , depending on the nature of the collateral ) .\ntier 1 leverage ratio is defined as tier 1 capital under basel 1 divided by average adjusted total assets ( which includes adjustments for disallowed goodwill and intangible assets , and the carrying value of equity investments in non-financial companies that are subject to deductions from tier 1 capital ) .\n184 goldman sachs 2012 annual report .\n\nQuestion: what was the change in tier 1 capital in millions between 2011 and 2012?",
        "solution": "3715"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2008/page_189.pdf\n\nID: C/2008/page_189.pdf-2\n\nPrevious Text:\non-balance sheet securitizations the company engages in on-balance sheet securitizations .\nthese are securitizations that do not qualify for sales treatment ; thus , the assets remain on the company 2019s balance sheet .\nthe following table presents the carrying amounts and classification of consolidated assets and liabilities transferred in transactions from the consumer credit card , student loan , mortgage and auto businesses , accounted for as secured borrowings : in billions of dollars december 31 , december 31 .\n\nTable Data:\n[['in billions of dollars', 'december 31 2008', 'december 31 2007'], ['cash', '$ 0.3', '$ 0.1'], ['available-for-sale securities', '0.1', '0.2'], ['loans', '7.5', '7.4'], ['allowance for loan losses', '-0.1 ( 0.1 )', '-0.1 ( 0.1 )'], ['total assets', '$ 7.8', '$ 7.6'], ['long-term debt', '$ 6.3', '$ 5.8'], ['other liabilities', '0.3', '0.4'], ['total liabilities', '$ 6.6', '$ 6.2']]\n\nFollowing Text:\nall assets are restricted from being sold or pledged as collateral .\nthe cash flows from these assets are the only source used to pay down the associated liabilities , which are non-recourse to the company 2019s general assets .\nciti-administered asset-backed commercial paper conduits the company is active in the asset-backed commercial paper conduit business as administrator of several multi-seller commercial paper conduits , and also as a service provider to single-seller and other commercial paper conduits sponsored by third parties .\nthe multi-seller commercial paper conduits are designed to provide the company 2019s customers access to low-cost funding in the commercial paper markets .\nthe conduits purchase assets from or provide financing facilities to customers and are funded by issuing commercial paper to third-party investors .\nthe conduits generally do not purchase assets originated by the company .\nthe funding of the conduit is facilitated by the liquidity support and credit enhancements provided by the company and by certain third parties .\nas administrator to the conduits , the company is responsible for selecting and structuring of assets purchased or financed by the conduits , making decisions regarding the funding of the conduits , including determining the tenor and other features of the commercial paper issued , monitoring the quality and performance of the conduits 2019 assets , and facilitating the operations and cash flows of the conduits .\nin return , the company earns structuring fees from clients for individual transactions and earns an administration fee from the conduit , which is equal to the income from client program and liquidity fees of the conduit after payment of interest costs and other fees .\nthis administration fee is fairly stable , since most risks and rewards of the underlying assets are passed back to the customers and , once the asset pricing is negotiated , most ongoing income , costs and fees are relatively stable as a percentage of the conduit 2019s size .\nthe conduits administered by the company do not generally invest in liquid securities that are formally rated by third parties .\nthe assets are privately negotiated and structured transactions that are designed to be held by the conduit , rather than actively traded and sold .\nthe yield earned by the conduit on each asset is generally tied to the rate on the commercial paper issued by the conduit , thus passing interest rate risk to the client .\neach asset purchased by the conduit is structured with transaction-specific credit enhancement features provided by the third-party seller , including over- collateralization , cash and excess spread collateral accounts , direct recourse or third-party guarantees .\nthese credit enhancements are sized with the objective of approximating a credit rating of a or above , based on the company 2019s internal risk ratings .\nsubstantially all of the funding of the conduits is in the form of short- term commercial paper .\nas of december 31 , 2008 , the weighted average life of the commercial paper issued was approximately 37 days .\nin addition , the conduits have issued subordinate loss notes and equity with a notional amount of approximately $ 80 million and varying remaining tenors ranging from six months to seven years .\nthe primary credit enhancement provided to the conduit investors is in the form of transaction-specific credit enhancement described above .\nin addition , there are two additional forms of credit enhancement that protect the commercial paper investors from defaulting assets .\nfirst , the subordinate loss notes issued by each conduit absorb any credit losses up to their full notional amount .\nit is expected that the subordinate loss notes issued by each conduit are sufficient to absorb a majority of the expected losses from each conduit , thereby making the single investor in the subordinate loss note the primary beneficiary under fin 46 ( r ) .\nsecond , each conduit has obtained a letter of credit from the company , which is generally 8-10% ( 8-10 % ) of the conduit 2019s assets .\nthe letters of credit provided by the company total approximately $ 5.8 billion and are included in the company 2019s maximum exposure to loss .\nthe net result across all multi-seller conduits administered by the company is that , in the event of defaulted assets in excess of the transaction-specific credit enhancement described above , any losses in each conduit are allocated in the following order : 2022 subordinate loss note holders 2022 the company 2022 the commercial paper investors the company , along with third parties , also provides the conduits with two forms of liquidity agreements that are used to provide funding to the conduits in the event of a market disruption , among other events .\neach asset of the conduit is supported by a transaction-specific liquidity facility in the form of an asset purchase agreement ( apa ) .\nunder the apa , the company has agreed to purchase non-defaulted eligible receivables from the conduit at par .\nany assets purchased under the apa are subject to increased pricing .\nthe apa is not designed to provide credit support to the conduit , as it generally does not permit the purchase of defaulted or impaired assets and generally reprices the assets purchased to consider potential increased credit risk .\nthe apa covers all assets in the conduits and is considered in the company 2019s maximum exposure to loss .\nin addition , the company provides the conduits with program-wide liquidity in the form of short-term lending commitments .\nunder these commitments , the company has agreed to lend to the conduits in the event of a short-term disruption in the commercial paper market , subject to specified conditions .\nthe total notional exposure under the program-wide liquidity agreement is $ 11.3 billion and is considered in the company 2019s maximum exposure to loss .\nthe company receives fees for providing both types of liquidity agreement and considers these fees to be on fair market terms. .\n\nQuestion: what was the change in billions of the cash between 2007 and 2008?",
        "solution": ".2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDW/2013/page_103.pdf\n\nID: CDW/2013/page_103.pdf-1\n\nPrevious Text:\ncdw corporation and subsidiaries notes to consolidated financial statements holders of class b common units in connection with the distribution is subject to any vesting provisions previously applicable to the holder 2019s class b common units .\nclass b common unit holders received 3798508 shares of restricted stock with respect to class b common units that had not yet vested at the time of the distribution .\nfor the year ended december 31 , 2013 , 1200544 shares of such restricted stock vested/settled and 5931 shares were forfeited .\nas of december 31 , 2013 , 2592033 shares of restricted stock were outstanding .\nstock options in addition , in connection with the ipo , the company issued 1268986 stock options to the class b common unit holders to preserve their fully diluted equity ownership percentage .\nthese options were issued with a per-share exercise price equal to the ipo price of $ 17.00 and are also subject to the same vesting provisions as the class b common units to which they relate .\nthe company also granted 19412 stock options under the 2013 ltip during the year ended december 31 , 2013 .\nrestricted stock units ( 201crsus 201d ) in connection with the ipo , the company granted 1416543 rsus under the 2013 ltip at a weighted- average grant-date fair value of $ 17.03 per unit .\nthe rsus cliff-vest at the end of four years .\nvaluation information the company attributes the value of equity-based compensation awards to the various periods during which the recipient must perform services in order to vest in the award using the straight-line method .\npost-ipo equity awards the company has elected to use the black-scholes option pricing model to estimate the fair value of stock options granted .\nthe black-scholes option pricing model incorporates various assumptions including volatility , expected term , risk-free interest rates and dividend yields .\nthe assumptions used to value the stock options granted during the year ended december 31 , 2013 are presented below .\nyear ended december 31 , assumptions 2013 .\n\nTable Data:\n[['assumptions', 'year ended december 31 2013'], ['weighted-average grant date fair value', '$ 4.75'], ['weighted-average volatility ( 1 )', '35.00% ( 35.00 % )'], ['weighted-average risk-free rate ( 2 )', '1.58% ( 1.58 % )'], ['dividend yield', '1.00% ( 1.00 % )'], ['expected term ( in years ) ( 3 )', '5.4']]\n\nFollowing Text:\nexpected term ( in years ) ( 3 ) .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n5.4 ( 1 ) based upon an assessment of the two-year , five-year and implied volatility for the company 2019s selected peer group , adjusted for the company 2019s leverage .\n( 2 ) based on a composite u.s .\ntreasury rate .\n( 3 ) the expected term is calculated using the simplified method .\nthe simplified method defines the expected term as the average of the option 2019s contractual term and the option 2019s weighted-average vesting period .\nthe company utilizes this method as it has limited historical stock option data that is sufficient to derive a reasonable estimate of the expected stock option term. .\n\nQuestion: as of dec 13 , 2013 , if all forfeited shares became vested , what percentage of shares would be vested?",
        "solution": "31.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: EW/2014/page_68.pdf\n\nID: EW/2014/page_68.pdf-2\n\nPrevious Text:\nedwards lifesciences corporation notes to consolidated financial statements ( continued ) 2 .\nsummary of significant accounting policies ( continued ) interim periods therein .\nthe new guidance can be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of the change recognized at the date of the initial application .\nthe company is currently assessing the impact this guidance will have on its consolidated financial statements , and has not yet selected a transition method .\n3 .\nchange in accounting principle effective january 1 , 2014 , the company changed its method of accounting for certain intellectual property litigation expenses related to the defense and enforcement of its issued patents .\npreviously , the company capitalized these legal costs if a favorable outcome in the patent defense was determined to be probable , and amortized the capitalized legal costs over the life of the related patent .\nas of december 31 , 2013 , the company had remaining unamortized capitalized legal costs of $ 23.7 million , which , under the previous accounting method , would have been amortized through 2021 .\nunder the new method of accounting , these legal costs are expensed in the period they are incurred .\nthe company has retrospectively adjusted the comparative financial statements of prior periods to apply this new method of accounting .\nthe company believes this change in accounting principle is preferable because ( 1 ) as more competitors enter the company 2019s key product markets and the threat of complex intellectual property litigation across multiple jurisdictions increases , it will become more difficult for the company to accurately assess the probability of a favorable outcome in such litigation , and ( 2 ) it will enhance the comparability of the company 2019s financial results with those of its peer group because it is the predominant accounting practice in the company 2019s industry .\nthe accompanying consolidated financial statements and related notes have been adjusted to reflect the impact of this change retrospectively to all prior periods presented .\nthe cumulative effect of the change in accounting principle was a decrease in retained earnings of $ 10.5 million as of january 1 , 2012 .\nthe following tables present the effects of the retrospective application of the change in accounting principle ( in millions ) : .\n\nTable Data:\n[['consolidated balance sheet', 'as of december 31 2013 as reported', 'as of december 31 2013 as adjusted'], ['other intangible assets net', '$ 57.2', '$ 33.5'], ['deferred income taxes', '70.1', '79.0'], ['total assets', '2724.7', '2709.9'], ['retained earnings', '2045.6', '2030.8'], [\"total stockholders' equity\", '1559.2', '1544.4'], [\"total liabilities and stockholders' equity\", '2724.7', '2709.9']]\n\nFollowing Text:\n.\n\nQuestion: what was the affect of the change in accounting principles on differed income taxes in millions?",
        "solution": "8.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2014/page_69.pdf\n\nID: STT/2014/page_69.pdf-4\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) detail with respect to our investment portfolio as of december 31 , 2014 and 2013 is provided in note 3 to the consolidated financial statements included under item 8 of this form 10-k .\nloans and leases averaged $ 15.91 billion for the year ended 2014 , up from $ 13.78 billion in 2013 .\nthe increase was mainly related to mutual fund lending and our continued investment in senior secured bank loans .\nmutual fund lending and senior secured bank loans averaged approximately $ 9.12 billion and $ 1.40 billion , respectively , for the year ended december 31 , 2014 compared to $ 8.16 billion and $ 170 million for the year ended december 31 , 2013 , respectively .\naverage loans and leases also include short- duration advances .\ntable 13 : u.s .\nand non-u.s .\nshort-duration advances years ended december 31 .\n\nTable Data:\n[['( in millions )', '2014', '2013', '2012'], ['average u.s . short-duration advances', '$ 2355', '$ 2356', '$ 1972'], ['average non-u.s . short-duration advances', '1512', '1393', '1393'], ['average total short-duration advances', '$ 3867', '$ 3749', '$ 3365'], ['average short-durance advances to average loans and leases', '24% ( 24 % )', '27% ( 27 % )', '29% ( 29 % )']]\n\nFollowing Text:\naverage u.s .\nshort-duration advances $ 2355 $ 2356 $ 1972 average non-u.s .\nshort-duration advances 1512 1393 1393 average total short-duration advances $ 3867 $ 3749 $ 3365 average short-durance advances to average loans and leases 24% ( 24 % ) 27% ( 27 % ) 29% ( 29 % ) the decline in proportion of the average daily short-duration advances to average loans and leases is primarily due to growth in the other segments of the loan and lease portfolio .\nshort-duration advances provide liquidity to clients in support of their investment activities .\nalthough average short-duration advances for the year ended december 31 , 2014 increased compared to the year ended december 31 , 2013 , such average advances remained low relative to historical levels , mainly the result of clients continuing to hold higher levels of liquidity .\naverage other interest-earning assets increased to $ 15.94 billion for the year ended december 31 , 2014 from $ 11.16 billion for the year ended december 31 , 2013 .\nthe increased levels were primarily the result of higher levels of cash collateral provided in connection with our enhanced custody business .\naggregate average interest-bearing deposits increased to $ 130.30 billion for the year ended december 31 , 2014 from $ 109.25 billion for year ended 2013 .\nthe higher levels were primarily the result of increases in both u.s .\nand non-u.s .\ntransaction accounts and time deposits .\nfuture transaction account levels will be influenced by the underlying asset servicing business , as well as market conditions , including the general levels of u.s .\nand non-u.s .\ninterest rates .\naverage other short-term borrowings increased to $ 4.18 billion for the year ended december 31 , 2014 from $ 3.79 billion for the year ended 2013 .\nthe increase was the result of a higher level of client demand for our commercial paper .\nthe decline in rates paid from 1.6% ( 1.6 % ) in 2013 to 0.1% ( 0.1 % ) in 2014 resulted from a reclassification of certain derivative contracts that hedge our interest-rate risk on certain assets and liabilities , which reduced interest revenue and interest expense .\naverage long-term debt increased to $ 9.31 billion for the year ended december 31 , 2014 from $ 8.42 billion for the year ended december 31 , 2013 .\nthe increase primarily reflected the issuance of $ 1.5 billion of senior and subordinated debt in may 2013 , $ 1.0 billion of senior debt issued in november 2013 , and $ 1.0 billion of senior debt issued in december 2014 .\nthis is partially offset by the maturities of $ 500 million of senior debt in may 2014 and $ 250 million of senior debt in march 2014 .\naverage other interest-bearing liabilities increased to $ 7.35 billion for the year ended december 31 , 2014 from $ 6.46 billion for the year ended december 31 , 2013 , primarily the result of higher levels of cash collateral received from clients in connection with our enhanced custody business .\nseveral factors could affect future levels of our net interest revenue and margin , including the mix of client liabilities ; actions of various central banks ; changes in u.s .\nand non-u.s .\ninterest rates ; changes in the various yield curves around the world ; revised or proposed regulatory capital or liquidity standards , or interpretations of those standards ; the amount of discount accretion generated by the former conduit securities that remain in our investment securities portfolio ; and the yields earned on securities purchased compared to the yields earned on securities sold or matured .\nbased on market conditions and other factors , we continue to reinvest the majority of the proceeds from pay-downs and maturities of investment securities in highly-rated securities , such as u.s .\ntreasury and agency securities , municipal securities , federal agency mortgage-backed securities and u.s .\nand non-u.s .\nmortgage- and asset-backed securities .\nthe pace at which we continue to reinvest and the types of investment securities purchased will depend on the impact of market conditions and other factors over time .\nwe expect these factors and the levels of global interest rates to influence what effect our reinvestment program will have on future levels of our net interest revenue and net interest margin. .\n\nQuestion: what is the percent change in loan amount between 2013 and 2014?",
        "solution": "15.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2006/page_40.pdf\n\nID: ORLY/2006/page_40.pdf-4\n\nPrevious Text:\no 2019 r e i l l y a u t o m o t i v e 2 0 0 6 a n n u a l r e p o r t p a g e 38 $ 11080000 , in the years ended december 31 , 2006 , 2005 and 2004 , respectively .\nthe remaining unrecognized compensation cost related to unvested awards at december 31 , 2006 , was $ 7702000 and the weighted-average period of time over which this cost will be recognized is 3.3 years .\nemployee stock purchase plan the company 2019s employee stock purchase plan permits all eligible employees to purchase shares of the company 2019s common stock at 85% ( 85 % ) of the fair market value .\nparticipants may authorize the company to withhold up to 5% ( 5 % ) of their annual salary to participate in the plan .\nthe stock purchase plan authorizes up to 2600000 shares to be granted .\nduring the year ended december 31 , 2006 , the company issued 165306 shares under the purchase plan at a weighted average price of $ 27.36 per share .\nduring the year ended december 31 , 2005 , the company issued 161903 shares under the purchase plan at a weighted average price of $ 27.57 per share .\nduring the year ended december 31 , 2004 , the company issued 187754 shares under the purchase plan at a weighted average price of $ 20.85 per share .\nsfas no .\n123r requires compensation expense to be recognized based on the discount between the grant date fair value and the employee purchase price for shares sold to employees .\nduring the year ended december 31 , 2006 , the company recorded $ 799000 of compensation cost related to employee share purchases and a corresponding income tax benefit of $ 295000 .\nat december 31 , 2006 , approximately 400000 shares were reserved for future issuance .\nother employee benefit plans the company sponsors a contributory profit sharing and savings plan that covers substantially all employees who are at least 21 years of age and have at least six months of service .\nthe company has agreed to make matching contributions equal to 50% ( 50 % ) of the first 2% ( 2 % ) of each employee 2019s wages that are contributed and 25% ( 25 % ) of the next 4% ( 4 % ) of each employee 2019s wages that are contributed .\nthe company also makes additional discretionary profit sharing contributions to the plan on an annual basis as determined by the board of directors .\nthe company 2019s matching and profit sharing contributions under this plan are funded in the form of shares of the company 2019s common stock .\na total of 4200000 shares of common stock have been authorized for issuance under this plan .\nduring the year ended december 31 , 2006 , the company recorded $ 6429000 of compensation cost for contributions to this plan and a corresponding income tax benefit of $ 2372000 .\nduring the year ended december 31 , 2005 , the company recorded $ 6606000 of compensation cost for contributions to this plan and a corresponding income tax benefit of $ 2444000 .\nduring the year ended december 31 , 2004 , the company recorded $ 5278000 of compensation cost for contributions to this plan and a corresponding income tax benefit of $ 1969000 .\nthe compensation cost recorded in 2006 includes matching contributions made in 2006 and profit sharing contributions accrued in 2006 to be funded with issuance of shares of common stock in 2007 .\nthe company issued 204000 shares in 2006 to fund profit sharing and matching contributions at an average grant date fair value of $ 34.34 .\nthe company issued 210461 shares in 2005 to fund profit sharing and matching contributions at an average grant date fair value of $ 25.79 .\nthe company issued 238828 shares in 2004 to fund profit sharing and matching contributions at an average grant date fair value of $ 19.36 .\na portion of these shares related to profit sharing contributions accrued in prior periods .\nat december 31 , 2006 , approximately 1061000 shares were reserved for future issuance under this plan .\nthe company has in effect a performance incentive plan for the company 2019s senior management under which the company awards shares of restricted stock that vest equally over a three-year period and are held in escrow until such vesting has occurred .\nshares are forfeited when an employee ceases employment .\na total of 800000 shares of common stock have been authorized for issuance under this plan .\nshares awarded under this plan are valued based on the market price of the company 2019s common stock on the date of grant and compensation cost is recorded over the vesting period .\nthe company recorded $ 416000 of compensation cost for this plan for the year ended december 31 , 2006 and recognized a corresponding income tax benefit of $ 154000 .\nthe company recorded $ 289000 of compensation cost for this plan for the year ended december 31 , 2005 and recognized a corresponding income tax benefit of $ 107000 .\nthe company recorded $ 248000 of compensation cost for this plan for the year ended december 31 , 2004 and recognized a corresponding income tax benefit of $ 93000 .\nthe total fair value of shares vested ( at vest date ) for the years ended december 31 , 2006 , 2005 and 2004 were $ 503000 , $ 524000 and $ 335000 , respectively .\nthe remaining unrecognized compensation cost related to unvested awards at december 31 , 2006 was $ 536000 .\nthe company awarded 18698 shares under this plan in 2006 with an average grant date fair value of $ 33.12 .\nthe company awarded 14986 shares under this plan in 2005 with an average grant date fair value of $ 25.41 .\nthe company awarded 15834 shares under this plan in 2004 with an average grant date fair value of $ 19.05 .\ncompensation cost for shares awarded in 2006 will be recognized over the three-year vesting period .\nchanges in the company 2019s restricted stock for the year ended december 31 , 2006 were as follows : weighted- average grant date shares fair value .\n\nTable Data:\n[['', 'shares', 'weighted-average grant date fair value'], ['non-vested at december 31 2005', '15052', '$ 22.68'], ['granted during the period', '18698', '33.12'], ['vested during the period', '-15685 ( 15685 )', '26.49'], ['forfeited during the period', '-1774 ( 1774 )', '27.94'], ['non-vested at december 31 2006', '16291', '$ 30.80']]\n\nFollowing Text:\nat december 31 , 2006 , approximately 659000 shares were reserved for future issuance under this plan .\nn o t e s t o c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( cont inued ) .\n\nQuestion: what is the amount of cash raised from the issuance of shares during 2016 , in millions?",
        "solution": "4.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UAA/2017/page_86.pdf\n\nID: UAA/2017/page_86.pdf-1\n\nPrevious Text:\nother long term debt in december 2012 , the company entered into a $ 50.0 million recourse loan collateralized by the land , buildings and tenant improvements comprising the company 2019s corporate headquarters .\nthe loan has a seven year term and maturity date of december 2019 .\nthe loan bears interest at one month libor plus a margin of 1.50% ( 1.50 % ) , and allows for prepayment without penalty .\nthe loan includes covenants and events of default substantially consistent with the company 2019s credit agreement discussed above .\nthe loan also requires prior approval of the lender for certain matters related to the property , including transfers of any interest in the property .\nas of december 31 , 2017 and 2016 , the outstanding balance on the loan was $ 40.0 million and $ 42.0 million , respectively .\nthe weighted average interest rate on the loan was 2.5% ( 2.5 % ) and 2.0% ( 2.0 % ) for the years ended december 31 , 2017 and 2016 , respectively .\nthe following are the scheduled maturities of long term debt as of december 31 , 2017 : ( in thousands ) .\n\nTable Data:\n[['2018', '$ 27000'], ['2019', '63000'], ['2020', '25000'], ['2021', '86250'], ['2022', '2014'], ['2023 and thereafter', '600000'], ['total scheduled maturities of long term debt', '$ 801250'], ['current maturities of long term debt', '$ 27000']]\n\nFollowing Text:\ninterest expense , net was $ 34.5 million , $ 26.4 million , and $ 14.6 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .\ninterest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities .\namortization of deferred financing costs was $ 1.3 million , $ 1.2 million , and $ 0.8 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .\nthe company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities .\n7 .\ncommitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases .\nthe leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments .\nthe table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2017 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes .\nthe following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2017 as well as .\n\nQuestion: what was the percentage change in interest expense net from 2016 to 2017?",
        "solution": "31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2016/page_120.pdf\n\nID: BLK/2016/page_120.pdf-1\n\nPrevious Text:\nfuture payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a comparable treasury security .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2022 notes .\n2021 notes .\nin may 2011 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations .\nthese notes were issued as two separate series of senior debt securities , including $ 750 million of 4.25% ( 4.25 % ) notes maturing in may 2021 and $ 750 million of floating rate notes , which were repaid in may 2013 at maturity .\nnet proceeds of this offering were used to fund the repurchase of blackrock 2019s series b preferred from affiliates of merrill lynch & co. , inc .\ninterest on the 4.25% ( 4.25 % ) notes due in 2021 ( 201c2021 notes 201d ) is payable semi-annually on may 24 and november 24 of each year , which commenced november 24 , 2011 , and is approximately $ 32 million per year .\nthe 2021 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2021 notes .\n2019 notes .\nin december 2009 , the company issued $ 2.5 billion in aggregate principal amount of unsecured and unsubordinated obligations .\nthese notes were issued as three separate series of senior debt securities including $ 0.5 billion of 2.25% ( 2.25 % ) notes , which were repaid in december 2012 , $ 1.0 billion of 3.50% ( 3.50 % ) notes , which were repaid in december 2014 at maturity , and $ 1.0 billion of 5.0% ( 5.0 % ) notes maturing in december 2019 ( the 201c2019 notes 201d ) .\nnet proceeds of this offering were used to repay borrowings under the cp program , which was used to finance a portion of the acquisition of barclays global investors from barclays on december 1 , 2009 , and for general corporate purposes .\ninterest on the 2019 notes of approximately $ 50 million per year is payable semi-annually in arrears on june 10 and december 10 of each year .\nthese notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2019 notes .\n2017 notes .\nin september 2007 , the company issued $ 700 million in aggregate principal amount of 6.25% ( 6.25 % ) senior unsecured and unsubordinated notes maturing on september 15 , 2017 ( the 201c2017 notes 201d ) .\na portion of the net proceeds of the 2017 notes was used to fund the initial cash payment for the acquisition of the fund-of-funds business of quellos and the remainder was used for general corporate purposes .\ninterest is payable semi-annually in arrears on march 15 and september 15 of each year , or approximately $ 44 million per year .\nthe 2017 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price .\nthe unamortized discount and debt issuance costs are being amortized over the remaining term of the 2017 notes .\n13 .\ncommitments and contingencies operating lease commitments the company leases its primary office spaces under agreements that expire through 2035 .\nfuture minimum commitments under these operating leases are as follows : ( in millions ) .\n\nTable Data:\n[['year', 'amount'], ['2017', '142'], ['2018', '135'], ['2019', '125'], ['2020', '120'], ['2021', '112'], ['thereafter', '404'], ['total', '$ 1038']]\n\nFollowing Text:\nrent expense and certain office equipment expense under lease agreements amounted to $ 134 million , $ 136 million and $ 132 million in 2016 , 2015 and 2014 , respectively .\ninvestment commitments .\nat december 31 , 2016 , the company had $ 192 million of various capital commitments to fund sponsored investment funds , including consolidated vies .\nthese funds include private equity funds , real assets funds , and opportunistic funds .\nthis amount excludes additional commitments made by consolidated funds of funds to underlying third-party funds as third-party noncontrolling interest holders have the legal obligation to fund the respective commitments of such funds of funds .\nin addition to the capital commitments of $ 192 million , the company had approximately $ 12 million of contingent commitments for certain funds which have investment periods that have expired .\ngenerally , the timing of the funding of these commitments is unknown and the commitments are callable on demand at any time prior to the expiration of the commitment .\nthese unfunded commitments are not recorded on the consolidated statements of financial condition .\nthese commitments do not include potential future commitments approved by the company that are not yet legally binding .\nthe company intends to make additional capital commitments from time to time to fund additional investment products for , and with , its clients .\ncontingencies contingent payments related to business acquisitions .\nin connection with certain acquisitions , blackrock is required to make contingent payments , subject to achieving specified performance targets , which may include revenue related to acquired contracts or new capital commitments for certain products .\nthe fair value of the remaining aggregate contingent payments at december 31 , 2016 totaled $ 115 million and is included in other liabilities on the consolidated statement of financial condition .\nother contingent payments .\nthe company acts as the portfolio manager in a series of derivative transactions and has a maximum potential exposure of $ 17 million between the company and counterparty .\nsee note 7 , derivatives and hedging , for further discussion .\nlegal proceedings .\nfrom time to time , blackrock receives subpoenas or other requests for information from various u.s .\nfederal , state governmental and domestic and international regulatory authorities in connection with .\n\nQuestion: what are the future minimum commitments under the operating leases in 2017 as a percentage of the total future minimum commitments under the operating leases?",
        "solution": "13.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2004/page_28.pdf\n\nID: AMT/2004/page_28.pdf-3\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2004 and 2003. .\n\nTable Data:\n[['2004', 'high', 'low'], ['quarter ended march 31', '$ 13.12', '$ 9.89'], ['quarter ended june 30', '16.00', '11.13'], ['quarter ended september 30', '15.85', '13.10'], ['quarter ended december 31', '18.75', '15.19'], ['2003', 'high', 'low'], ['quarter ended march 31', '$ 5.94', '$ 3.55'], ['quarter ended june 30', '9.90', '5.41'], ['quarter ended september 30', '11.74', '8.73'], ['quarter ended december 31', '12.00', '9.59']]\n\nFollowing Text:\non march 18 , 2005 , the closing price of our class a common stock was $ 18.79 per share as reported on the as of march 18 , 2005 , we had 230604932 outstanding shares of class a common stock and 743 registered holders .\nin february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .\nour charter prohibits the future issuance of shares of class b common stock .\nalso in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .\nour charter permits the issuance of shares of class c common stock in the future .\nthe information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .\ndividends we have never paid a dividend on any class of common stock .\nwe anticipate that we may retain future earnings , if any , to fund the development and growth of our business .\nthe indentures governing our 93 20448% ( 20448 % ) senior notes due 2009 , our 7.50% ( 7.50 % ) senior notes due 2012 , and our 7.125% ( 7.125 % ) senior notes due 2012 prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .\nour borrower subsidiaries are generally prohibited under the terms of the credit facility , subject to certain exceptions , from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests , except that , if no default exists or would be created thereby under the credit facility , our borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the credit facility within certain specified amounts and , in addition , may pay cash dividends or make other distributions to us in respect of our outstanding indebtedness and permitted future indebtedness .\nthe indentures governing the 12.25% ( 12.25 % ) senior subordinated discount notes due 2008 and the 7.25% ( 7.25 % ) senior subordinated notes due 2011 of american towers , inc .\n( ati ) , our principal operating subsidiary , prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain .\n\nQuestion: what is the average number of shares per registered holder as of march 18 , 2005?",
        "solution": "310370"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2013/page_29.pdf\n\nID: UNP/2013/page_29.pdf-1\n\nPrevious Text:\noperating expenses millions 2013 2012 2011 % (  % ) change 2013 v 2012 % (  % ) change 2012 v 2011 .\n\nTable Data:\n[['millions', '2013', '2012', '2011', '% (  % ) change 2013 v 2012', '% (  % ) change 2012 v 2011'], ['compensation and benefits', '$ 4807', '$ 4685', '$ 4681', '3 % (  % )', '-% ( - % )'], ['fuel', '3534', '3608', '3581', '-2 ( 2 )', '1'], ['purchased services and materials', '2315', '2143', '2005', '8', '7'], ['depreciation', '1777', '1760', '1617', '1', '9'], ['equipment and other rents', '1235', '1197', '1167', '3', '3'], ['other', '849', '788', '782', '8', '1'], ['total', '$ 14517', '$ 14181', '$ 13833', '2 % (  % )', '3% ( 3 % )']]\n\nFollowing Text:\noperating expenses increased $ 336 million in 2013 versus 2012 .\nwage and benefit inflation , new logistics management fees and container costs for our automotive business , locomotive overhauls , property taxes and repairs on jointly owned property contributed to higher expenses during the year .\nlower fuel prices partially offset the cost increases .\noperating expenses increased $ 348 million in 2012 versus 2011 .\ndepreciation , wage and benefit inflation , higher fuel prices and volume- related trucking services purchased by our logistics subsidiaries , contributed to higher expenses during the year .\nefficiency gains , volume related fuel savings ( 2% ( 2 % ) fewer gallons of fuel consumed ) and $ 38 million of weather related expenses in 2011 , which favorably affects the comparison , partially offset the cost increase .\ncompensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs .\ngeneral wages and benefits inflation , higher work force levels and increased pension and other postretirement benefits drove the increases in 2013 versus 2012 .\nthe impact of ongoing productivity initiatives partially offset these increases .\nexpenses in 2012 were essentially flat versus 2011 as operational improvements and cost reductions offset general wage and benefit inflation and higher pension and other postretirement benefits .\nin addition , weather related costs increased these expenses in 2011 .\nfuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment .\nlower locomotive diesel fuel prices , which averaged $ 3.15 per gallon ( including taxes and transportation costs ) in 2013 , compared to $ 3.22 in 2012 , decreased expenses by $ 75 million .\nvolume , as measured by gross ton-miles , decreased 1% ( 1 % ) while the fuel consumption rate , computed as gallons of fuel consumed divided by gross ton-miles , increased 2% ( 2 % ) compared to 2012 .\ndeclines in heavier , more fuel-efficient coal shipments drove the variances in gross-ton-miles and the fuel consumption rate .\nhigher locomotive diesel fuel prices , which averaged $ 3.22 per gallon ( including taxes and transportation costs ) in 2012 , compared to $ 3.12 in 2011 , increased expenses by $ 105 million .\nvolume , as measured by gross ton-miles , decreased 2% ( 2 % ) in 2012 versus 2011 , driving expense down .\nthe fuel consumption rate was flat year-over-year .\npurchased services and materials 2013 expense for purchased services and materials includes the costs of services purchased from outside contractors and other service providers ( including equipment maintenance and contract expenses incurred by our subsidiaries for external transportation services ) ; materials used to maintain the railroad 2019s lines , structures , and equipment ; costs of operating facilities jointly used by uprr and other railroads ; transportation and lodging for train crew employees ; trucking and contracting costs for intermodal containers ; leased automobile maintenance expenses ; and tools and 2013 operating expenses .\n\nQuestion: in 2012 what was the percent of the total operating expenses for the compensation and benefits",
        "solution": "33%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MS/2013/page_240.pdf\n\nID: MS/2013/page_240.pdf-3\n\nPrevious Text:\nmorgan stanley notes to consolidated financial statements 2014 ( continued ) lending commitments .\nprimary lending commitments are those that are originated by the company whereas secondary lending commitments are purchased from third parties in the market .\nthe commitments include lending commitments that are made to investment grade and non-investment grade companies in connection with corporate lending and other business activities .\ncommitments for secured lending transactions .\nsecured lending commitments are extended by the company to companies and are secured by real estate or other physical assets of the borrower .\nloans made under these arrangements typically are at variable rates and generally provide for over-collateralization based upon the creditworthiness of the borrower .\nforward starting reverse repurchase agreements .\nthe company has entered into forward starting securities purchased under agreements to resell ( agreements that have a trade date at or prior to december 31 , 2013 and settle subsequent to period-end ) that are primarily secured by collateral from u.s .\ngovernment agency securities and other sovereign government obligations .\ncommercial and residential mortgage-related commitments .\nthe company enters into forward purchase contracts involving residential mortgage loans , residential mortgage lending commitments to individuals and residential home equity lines of credit .\nin addition , the company enters into commitments to originate commercial and residential mortgage loans .\nunderwriting commitments .\nthe company provides underwriting commitments in connection with its capital raising sources to a diverse group of corporate and other institutional clients .\nother lending commitments .\nother commitments generally include commercial lending commitments to small businesses and commitments related to securities-based lending activities in connection with the company 2019s wealth management business segment .\nthe company sponsors several non-consolidated investment funds for third-party investors where the company typically acts as general partner of , and investment advisor to , these funds and typically commits to invest a minority of the capital of such funds , with subscribing third-party investors contributing the majority .\nthe company 2019s employees , including its senior officers , as well as the company 2019s directors , may participate on the same terms and conditions as other investors in certain of these funds that the company forms primarily for client investment , except that the company may waive or lower applicable fees and charges for its employees .\nthe company has contractual capital commitments , guarantees , lending facilities and counterparty arrangements with respect to these investment funds .\npremises and equipment .\nthe company has non-cancelable operating leases covering premises and equipment ( excluding commodities operating leases , shown separately ) .\nat december 31 , 2013 , future minimum rental commitments under such leases ( net of subleases , principally on office rentals ) were as follows ( dollars in millions ) : year ended operating premises leases .\n\nTable Data:\n[['year ended', 'operating premises leases'], ['2014', '$ 672'], ['2015', '656'], ['2016', '621'], ['2017', '554'], ['2018', '481'], ['thereafter', '2712']]\n\nFollowing Text:\n.\n\nQuestion: what is the percentage difference in future minimum rental commitments as of december 31 , 2013 between 2015 and 2016?",
        "solution": "-5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2005/page_73.pdf\n\nID: PKG/2005/page_73.pdf-1\n\nPrevious Text:\npackaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2005 9 .\nshareholders 2019 equity ( continued ) stockholder received proceeds , net of the underwriting discount , of $ 20.69 per share .\nthe company did not sell any shares in , or receive any proceeds from , the secondary offering .\nconcurrent with the closing of the secondary offering on december 21 , 2005 , the company entered into a common stock repurchase agreement with pca holdings llc .\npursuant to the repurchase agreement , the company purchased 4500000 shares of common stock directly from pca holdings llc at the initial price to the public net of the underwriting discount or $ 20.69 per share , the same net price per share received by pca holdings llc in the secondary offering .\nthese shares were retired on december 21 , 2005 .\n10 .\ncommitments and contingencies capital commitments the company had authorized capital expenditures of approximately $ 33.1 million and $ 55.2 million as of december 31 , 2005 and 2004 , respectively , in connection with the expansion and replacement of existing facilities and equipment .\noperating leases pca leases space for certain of its facilities and cutting rights to approximately 108000 acres of timberland under long-term leases .\nthe company also leases equipment , primarily vehicles and rolling stock , and other assets under long-term leases of a duration generally of three years .\nthe minimum lease payments under non-cancelable operating leases with lease terms in excess of one year are as follows : ( in thousands ) .\n\nTable Data:\n[['2006', '$ 24569'], ['2007', '21086'], ['2008', '14716'], ['2009', '9801'], ['2010', '6670'], ['thereafter', '37130'], ['total', '$ 113972']]\n\nFollowing Text:\ncapital lease obligations were not significant to the accompanying financial statements .\ntotal lease expense , including base rent on all leases and executory costs , such as insurance , taxes , and maintenance , for the years ended december 31 , 2005 , 2004 and 2003 was $ 35.8 million , $ 33.0 million and $ 31.6 million , respectively .\nthese costs are included in cost of goods sold and selling and administrative expenses. .\n\nQuestion: what was the percentage change in total lease expense , including base rent on all leases and executory costs , such as insurance , taxes , and maintenance from 2003 to 2004?",
        "solution": "4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: REGN/2010/page_64.pdf\n\nID: REGN/2010/page_64.pdf-1\n\nPrevious Text:\nrecognition of deferred revenue related to sanofi-aventis 2019 $ 85.0 million up-front payment decreased in 2010 compared to 2009 due to the november 2009 amendments to expand and extend the companies 2019 antibody collaboration .\nin connection with the november 2009 amendment of the discovery agreement , sanofi-aventis is funding up to $ 30 million of agreed-upon costs incurred by us to expand our manufacturing capacity at our rensselaer , new york facilities , of which $ 23.4 million was received or receivable from sanofi-aventis as of december 31 , 2010 .\nrevenue related to these payments for such funding from sanofi-aventis is deferred and recognized as collaboration revenue prospectively over the related performance period in conjunction with the recognition of the original $ 85.0 million up-front payment .\nas of december 31 , 2010 , $ 79.8 million of the sanofi-aventis payments was deferred and will be recognized as revenue in future periods .\nin august 2008 , we entered into a separate velocigene ae agreement with sanofi-aventis .\nin 2010 and 2009 , we recognized $ 1.6 million and $ 2.7 million , respectively , in revenue related to this agreement .\nbayer healthcare collaboration revenue the collaboration revenue we earned from bayer healthcare , as detailed below , consisted of cost sharing of regeneron vegf trap-eye development expenses , substantive performance milestone payments , and recognition of revenue related to a non-refundable $ 75.0 million up-front payment received in october 2006 and a $ 20.0 million milestone payment received in august 2007 ( which , for the purpose of revenue recognition , was not considered substantive ) .\nyears ended bayer healthcare collaboration revenue december 31 .\n\nTable Data:\n[['bayer healthcare collaboration revenue', 'bayer healthcare collaboration revenue', ''], ['( in millions )', '2010', '2009'], ['cost-sharing of regeneron vegf trap-eye development expenses', '$ 45.5', '$ 37.4'], ['substantive performance milestone payments', '20.0', '20.0'], ['recognition of deferred revenue related to up-front and other milestone payments', '9.9', '9.9'], ['total bayer healthcare collaboration revenue', '$ 75.4', '$ 67.3']]\n\nFollowing Text:\ncost-sharing of our vegf trap-eye development expenses with bayer healthcare increased in 2010 compared to 2009 due to higher internal development activities and higher clinical development costs in connection with our phase 3 copernicus trial in crvo .\nin the fourth quarter of 2010 , we earned two $ 10.0 million substantive milestone payments from bayer healthcare for achieving positive 52-week results in the view 1 study and positive 6-month results in the copernicus study .\nin july 2009 , we earned a $ 20.0 million substantive performance milestone payment from bayer healthcare in connection with the dosing of the first patient in the copernicus study .\nin connection with the recognition of deferred revenue related to the $ 75.0 million up-front payment and $ 20.0 million milestone payment received in august 2007 , as of december 31 , 2010 , $ 47.0 million of these payments was deferred and will be recognized as revenue in future periods .\ntechnology licensing revenue in connection with our velocimmune ae license agreements with astrazeneca and astellas , each of the $ 20.0 million annual , non-refundable payments were deferred upon receipt and recognized as revenue ratably over approximately the ensuing year of each agreement .\nin both 2010 and 2009 , we recognized $ 40.0 million of technology licensing revenue related to these agreements .\nin addition , in connection with the amendment and extension of our license agreement with astellas , in august 2010 , we received a $ 165.0 million up-front payment , which was deferred upon receipt and will be recognized as revenue ratably over a seven-year period beginning in mid-2011 .\nas of december 31 , 2010 , $ 176.6 million of these technology licensing payments was deferred and will be recognized as revenue in future periods .\nnet product sales in 2010 and 2009 , we recognized as revenue $ 25.3 million and $ 18.4 million , respectively , of arcalyst ae net product sales for which both the right of return no longer existed and rebates could be reasonably estimated .\nthe company had limited historical return experience for arcalyst ae beginning with initial sales in 2008 through the end of 2009 ; therefore , arcalyst ae net product sales were deferred until the right of return no longer existed and rebates could be reasonably estimated .\neffective in the first quarter of 2010 , the company determined that it had .\n\nQuestion: what was the change in millions of total bayer healthcare collaboration revenue from 2009 to 2010?",
        "solution": "8.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: V/2013/page_113.pdf\n\nID: V/2013/page_113.pdf-1\n\nPrevious Text:\nvisa inc .\nnotes to consolidated financial statements 2014 ( continued ) september 30 , 2013 ( 4 ) participating securities are unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents , such as the company 2019s restricted stock awards , restricted stock units and earned performance-based shares .\nnote 16 2014share-based compensation the company 2019s 2007 equity incentive compensation plan , or the eip , authorizes the compensation committee of the board of directors to grant non-qualified stock options ( 201coptions 201d ) , restricted stock awards ( 201crsas 201d ) , restricted stock units ( 201crsus 201d ) and performance-based shares to its employees and non- employee directors , for up to 59 million shares of class a common stock .\nshares available for award may be either authorized and unissued or previously issued shares subsequently acquired by the company .\nthe eip will continue to be in effect until all of the common stock available under the eip is delivered and all restrictions on those shares have lapsed , unless the eip is terminated earlier by the company 2019s board of directors .\nno awards may be granted under the plan on or after 10 years from its effective date .\nshare-based compensation cost is recorded net of estimated forfeitures on a straight-line basis for awards with service conditions only , and on a graded-vesting basis for awards with service , performance and market conditions .\nthe company 2019s estimated forfeiture rate is based on an evaluation of historical , actual and trended forfeiture data .\nfor fiscal 2013 , 2012 , and 2011 , the company recorded share-based compensation cost of $ 179 million , $ 147 million and $ 154 million , respectively , in personnel on its consolidated statements of operations .\nthe amount of capitalized share-based compensation cost was immaterial during fiscal 2013 , 2012 and 2011 .\noptions options issued under the eip expire 10 years from the date of grant and vest ratably over three years from the date of grant , subject to earlier vesting in full under certain conditions .\nduring fiscal 2013 , 2012 and 2011 , the fair value of each stock option was estimated on the date of grant using a black-scholes option pricing model with the following weighted-average assumptions: .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['expected term ( in years ) ( 1 )', '6.08', '6.02', '5.16'], ['risk-free rate of return ( 2 )', '0.8% ( 0.8 % )', '1.2% ( 1.2 % )', '1.2% ( 1.2 % )'], ['expected volatility ( 3 )', '29.3% ( 29.3 % )', '34.9% ( 34.9 % )', '33.4% ( 33.4 % )'], ['expected dividend yield ( 4 )', '0.9% ( 0.9 % )', '0.9% ( 0.9 % )', '0.8% ( 0.8 % )'], ['fair value per option granted', '$ 39.03', '$ 29.65', '$ 27.50']]\n\nFollowing Text:\n( 1 ) based on a set of peer companies that management believes is generally comparable to visa .\n( 2 ) based upon the zero coupon u.s .\ntreasury bond rate over the expected term of the awards .\n( 3 ) based on the average of the company 2019s implied and historical volatility .\nas the company 2019s publicly-traded stock history is relatively short , historical volatility relies in part on the historical volatility of a group of peer companies that management believes is generally comparable to visa .\nthe relative weighting between visa historical volatility and the historical volatility of the peer companies is based on the percentage of years visa stock price information has been available since its initial public offering compared to the expected term .\nthe expected volatilities ranged from 27% ( 27 % ) to 29% ( 29 % ) in fiscal 2013 .\n( 4 ) based on the company 2019s annual dividend rate on the date of grant. .\n\nQuestion: what is the percentage change in fair value of option from 2012 to 2013?",
        "solution": "31.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2018/page_288.pdf\n\nID: C/2018/page_288.pdf-2\n\nPrevious Text:\nchanges in the fair value of funded and unfunded credit products are classified in principal transactions in citi 2019s consolidated statement of income .\nrelated interest revenue is measured based on the contractual interest rates and reported as interest revenue on trading account assets or loan interest depending on the balance sheet classifications of the credit products .\nthe changes in fair value for the years ended december 31 , 2018 and 2017 due to instrument-specific credit risk totaled to a loss of $ 27 million and a gain of $ 10 million , respectively .\ncertain investments in unallocated precious metals citigroup invests in unallocated precious metals accounts ( gold , silver , platinum and palladium ) as part of its commodity and foreign currency trading activities or to economically hedge certain exposures from issuing structured liabilities .\nunder asc 815 , the investment is bifurcated into a debt host contract and a commodity forward derivative instrument .\ncitigroup elects the fair value option for the debt host contract , and reports the debt host contract within trading account assets on the company 2019s consolidated balance sheet .\nthe total carrying amount of debt host contracts across unallocated precious metals accounts was approximately $ 0.4 billion and $ 0.9 billion at december 31 , 2018 and 2017 , respectively .\nthe amounts are expected to fluctuate based on trading activity in future periods .\nas part of its commodity and foreign currency trading activities , citi trades unallocated precious metals investments and executes forward purchase and forward sale derivative contracts with trading counterparties .\nwhen citi sells an unallocated precious metals investment , citi 2019s receivable from its depository bank is repaid and citi derecognizes its investment in the unallocated precious metal .\nthe forward purchase or sale contract with the trading counterparty indexed to unallocated precious metals is accounted for as a derivative , at fair value through earnings .\nas of december 31 , 2018 , there were approximately $ 13.7 billion and $ 10.3 billion in notional amounts of such forward purchase and forward sale derivative contracts outstanding , respectively .\ncertain investments in private equity and real estate ventures and certain equity method and other investments citigroup invests in private equity and real estate ventures for the purpose of earning investment returns and for capital appreciation .\nthe company has elected the fair value option for certain of these ventures , because such investments are considered similar to many private equity or hedge fund activities in citi 2019s investment companies , which are reported at fair value .\nthe fair value option brings consistency in the accounting and evaluation of these investments .\nall investments ( debt and equity ) in such private equity and real estate entities are accounted for at fair value .\nthese investments are classified as investments on citigroup 2019s consolidated balance sheet .\nchanges in the fair values of these investments are classified in other revenue in the company 2019s consolidated statement of income .\ncitigroup also elected the fair value option for certain non-marketable equity securities whose risk is managed with derivative instruments that are accounted for at fair value through earnings .\nthese securities are classified as trading account assets on citigroup 2019s consolidated balance sheet .\nchanges in the fair value of these securities and the related derivative instruments are recorded in principal transactions .\neffective january 1 , 2018 under asu 2016-01 and asu 2018-03 , a fair value option election is no longer required to measure these non-marketable equity securities through earnings .\nsee note 1 to the consolidated financial statements for additional details .\ncertain mortgage loans held-for-sale citigroup has elected the fair value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans hfs .\nthese loans are intended for sale or securitization and are hedged with derivative instruments .\nthe company has elected the fair value option to mitigate accounting mismatches in cases where hedge accounting is complex and to achieve operational simplifications .\nthe following table provides information about certain mortgage loans hfs carried at fair value: .\n\nTable Data:\n[['in millions of dollars', 'december 312018', 'december 31 2017'], ['carrying amount reported on the consolidated balance sheet', '$ 556', '$ 426'], ['aggregate fair value in excess of ( less than ) unpaid principal balance', '21', '14'], ['balance of non-accrual loans or loans more than 90 days past due', '2014', '2014'], ['aggregate unpaid principal balance in excess of fair value for non-accrual loans or loans more than 90 days past due', '2014', '2014']]\n\nFollowing Text:\nthe changes in the fair values of these mortgage loans are reported in other revenue in the company 2019s consolidated statement of income .\nthere was no net change in fair value during the years ended december 31 , 2018 and 2017 due to instrument-specific credit risk .\nrelated interest income continues to be measured based on the contractual interest rates and reported as interest revenue in the consolidated statement of income. .\n\nQuestion: what was the percentage change in the carrying amount reported on the consolidate balance sheet from 2017 to 2018?",
        "solution": "31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAT/2017/page_103.pdf\n\nID: CAT/2017/page_103.pdf-3\n\nPrevious Text:\n82 | 2017 form 10-k a reconciliation of the beginning and ending amount of gross unrecognized tax benefits for uncertain tax positions , including positions impacting only the timing of tax benefits , follows .\nreconciliation of unrecognized tax benefits:1 years a0ended a0december a031 .\n\nTable Data:\n[['( millions of dollars )', 'years ended december 31 , 2017', 'years ended december 31 , 2016'], ['balance at january 1,', '$ 1032', '$ 968'], ['additions for tax positions related to current year', '270', '73'], ['additions for tax positions related to prior years', '20', '55'], ['reductions for tax positions related to prior years', '-27 ( 27 )', '-36 ( 36 )'], ['reductions for settlements2', '-9 ( 9 )', '-24 ( 24 )'], ['reductions for expiration of statute of limitations', '2014', '-4 ( 4 )'], ['balance at december 31,', '$ 1286', '$ 1032'], ['amount that if recognized would impact the effective tax rate', '$ 1209', '$ 963']]\n\nFollowing Text:\n1 foreign currency impacts are included within each line as applicable .\n2 includes cash payment or other reduction of assets to settle liability .\nwe classify interest and penalties on income taxes as a component of the provision for income taxes .\nwe recognized a net provision for interest and penalties of $ 38 million , $ 34 million and $ 20 million during the years ended december 31 , 2017 , 2016 and 2015 , respectively .\nthe total amount of interest and penalties accrued was $ 157 million and $ 120 million as of december a031 , 2017 and 2016 , respectively .\non january 31 , 2018 , we received a revenue agent 2019s report from the irs indicating the end of the field examination of our u.s .\nincome tax returns for 2010 to 2012 .\nin the audits of 2007 to 2012 including the impact of a loss carryback to 2005 , the irs has proposed to tax in the united states profits earned from certain parts transactions by csarl , based on the irs examination team 2019s application of the 201csubstance-over-form 201d or 201cassignment-of-income 201d judicial doctrines .\nwe are vigorously contesting the proposed increases to tax and penalties for these years of approximately $ 2.3 billion .\nwe believe that the relevant transactions complied with applicable tax laws and did not violate judicial doctrines .\nwe have filed u.s .\nincome tax returns on this same basis for years after 2012 .\nbased on the information currently available , we do not anticipate a significant increase or decrease to our unrecognized tax benefits for this matter within the next 12 months .\nwe currently believe the ultimate disposition of this matter will not have a material adverse effect on our consolidated financial position , liquidity or results of operations .\nwith the exception of a loss carryback to 2005 , tax years prior to 2007 are generally no longer subject to u.s .\ntax assessment .\nin our major non-u.s .\njurisdictions including australia , brazil , china , germany , japan , mexico , switzerland , singapore and the u.k. , tax years are typically subject to examination for three to ten years .\ndue to the uncertainty related to the timing and potential outcome of audits , we cannot estimate the range of reasonably possible change in unrecognized tax benefits in the next 12 months. .\n\nQuestion: what is the percentage change net provision for interest and penalties from 2016 to 2017?",
        "solution": "11.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2014/page_44.pdf\n\nID: GS/2014/page_44.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis institutional client services our institutional client services segment is comprised of : fixed income , currency and commodities client execution .\nincludes client execution activities related to making markets in interest rate products , credit products , mortgages , currencies and commodities .\n2030 interest rate products .\ngovernment bonds , money market instruments such as commercial paper , treasury bills , repurchase agreements and other highly liquid securities and instruments , as well as interest rate swaps , options and other derivatives .\n2030 credit products .\ninvestment-grade corporate securities , high-yield securities , credit derivatives , bank and bridge loans , municipal securities , emerging market and distressed debt , and trade claims .\n2030 mortgages .\ncommercial mortgage-related securities , loans and derivatives , residential mortgage-related securities , loans and derivatives ( including u.s .\ngovernment agency-issued collateralized mortgage obligations , other prime , subprime and alt-a securities and loans ) , and other asset-backed securities , loans and derivatives .\n2030 currencies .\nmost currencies , including growth-market currencies .\n2030 commodities .\ncrude oil and petroleum products , natural gas , base , precious and other metals , electricity , coal , agricultural and other commodity products .\nequities .\nincludes client execution activities related to making markets in equity products and commissions and fees from executing and clearing institutional client transactions on major stock , options and futures exchanges worldwide , as well as otc transactions .\nequities also includes our securities services business , which provides financing , securities lending and other prime brokerage services to institutional clients , including hedge funds , mutual funds , pension funds and foundations , and generates revenues primarily in the form of interest rate spreads or fees .\nthe table below presents the operating results of our institutional client services segment. .\n\nTable Data:\n[['$ in millions', 'year ended december 2014', 'year ended december 2013', 'year ended december 2012'], ['fixed income currency and commodities client execution', '$ 8461', '$ 8651', '$ 9914'], ['equities client execution1', '2079', '2594', '3171'], ['commissions and fees', '3153', '3103', '3053'], ['securities services', '1504', '1373', '1986'], ['total equities', '6736', '7070', '8210'], ['total net revenues', '15197', '15721', '18124'], ['operating expenses', '10880', '11792', '12490'], ['pre-tax earnings', '$ 4317', '$ 3929', '$ 5634']]\n\nFollowing Text:\n1 .\nnet revenues related to the americas reinsurance business were $ 317 million for 2013 and $ 1.08 billion for 2012 .\nin april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business .\n42 goldman sachs 2014 annual report .\n\nQuestion: what was the percentage change in pre-tax earnings for the institutional client services segment between 2013 and 2014?",
        "solution": "10%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2012/page_74.pdf\n\nID: UNP/2012/page_74.pdf-2\n\nPrevious Text:\nthe analysis of our depreciation studies .\nchanges in the estimated service lives of our assets and their related depreciation rates are implemented prospectively .\nunder group depreciation , the historical cost ( net of salvage ) of depreciable property that is retired or replaced in the ordinary course of business is charged to accumulated depreciation and no gain or loss is recognized .\nthe historical cost of certain track assets is estimated using ( i ) inflation indices published by the bureau of labor statistics and ( ii ) the estimated useful lives of the assets as determined by our depreciation studies .\nthe indices were selected because they closely correlate with the major costs of the properties comprising the applicable track asset classes .\nbecause of the number of estimates inherent in the depreciation and retirement processes and because it is impossible to precisely estimate each of these variables until a group of property is completely retired , we continually monitor the estimated service lives of our assets and the accumulated depreciation associated with each asset class to ensure our depreciation rates are appropriate .\nin addition , we determine if the recorded amount of accumulated depreciation is deficient ( or in excess ) of the amount indicated by our depreciation studies .\nany deficiency ( or excess ) is amortized as a component of depreciation expense over the remaining service lives of the applicable classes of assets .\nfor retirements of depreciable railroad properties that do not occur in the normal course of business , a gain or loss may be recognized if the retirement meets each of the following three conditions : ( i ) is unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies .\na gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations .\nwhen we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use .\nhowever , many of our assets are self-constructed .\na large portion of our capital expenditures is for replacement of existing track assets and other road properties , which is typically performed by our employees , and for track line expansion and other capacity projects .\ncosts that are directly attributable to capital projects ( including overhead costs ) are capitalized .\ndirect costs that are capitalized as part of self- constructed assets include material , labor , and work equipment .\nindirect costs are capitalized if they clearly relate to the construction of the asset .\ngeneral and administrative expenditures are expensed as incurred .\nnormal repairs and maintenance , including rail grinding , are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized .\nthese costs are allocated using appropriate statistical bases .\ntotal expense for repairs and maintenance incurred was $ 2.1 billion for 2012 , $ 2.2 billion for 2011 , and $ 2.0 billion for 2010 .\nassets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease .\namortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease .\n12 .\naccounts payable and other current liabilities dec .\n31 , dec .\n31 , millions 2012 2011 .\n\nTable Data:\n[['millions', 'dec . 31 2012', 'dec . 312011'], ['accounts payable', '$ 825', '$ 819'], ['accrued wages and vacation', '376', '363'], ['income and other taxes', '368', '482'], ['dividends payable', '318', '284'], ['accrued casualty costs', '213', '249'], ['interest payable', '172', '197'], ['equipment rents payable', '95', '90'], ['other', '556', '624'], ['total accounts payable and othercurrent liabilities', '$ 2923', '$ 3108']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage change in equipment rents payable from 2011 to 2012?",
        "solution": "6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2014/page_66.pdf\n\nID: IP/2014/page_66.pdf-4\n\nPrevious Text:\nrussia and europe .\naverage sales price realizations for uncoated freesheet paper decreased in both europe and russia , reflecting weak economic conditions and soft market demand .\nin russia , sales prices in rubles increased , but this improvement is masked by the impact of the currency depreciation against the u.s .\ndollar .\ninput costs were significantly higher for wood in both europe and russia , partially offset by lower chemical costs .\nplanned maintenance downtime costs were $ 11 million lower in 2014 than in 2013 .\nmanufacturing and other operating costs were favorable .\nentering 2015 , sales volumes in the first quarter are expected to be seasonally weaker in russia , and about flat in europe .\naverage sales price realizations for uncoated freesheet paper are expected to remain steady in europe , but increase in russia .\ninput costs should be lower for oil and wood , partially offset by higher chemicals costs .\nindian papers net sales were $ 178 million in 2014 , $ 185 million ( $ 174 million excluding excise duties which were included in net sales in 2013 and prior periods ) in 2013 and $ 185 million ( $ 178 million excluding excise duties ) in 2012 .\noperating profits were $ 8 million ( a loss of $ 12 million excluding a gain related to the resolution of a legal contingency ) in 2014 , a loss of $ 145 million ( a loss of $ 22 million excluding goodwill and trade name impairment charges ) in 2013 and a loss of $ 16 million in 2012 .\naverage sales price realizations improved in 2014 compared with 2013 due to the impact of price increases implemented in 2013 .\nsales volumes were flat , reflecting weak economic conditions .\ninput costs were higher , primarily for wood .\noperating costs and planned maintenance downtime costs were lower in 2014 .\nlooking ahead to the first quarter of 2015 , sales volumes are expected to be seasonally higher .\naverage sales price realizations are expected to decrease due to competitive pressures .\nasian printing papers net sales were $ 59 million in 2014 , $ 90 million in 2013 and $ 85 million in 2012 .\noperating profits were $ 0 million in 2014 and $ 1 million in both 2013 and 2012 .\nu.s .\npulp net sales were $ 895 million in 2014 compared with $ 815 million in 2013 and $ 725 million in 2012 .\noperating profits were $ 57 million in 2014 compared with $ 2 million in 2013 and a loss of $ 59 million in 2012 .\nsales volumes in 2014 increased from 2013 for both fluff pulp and market pulp reflecting improved market demand .\naverage sales price realizations increased significantly for fluff pulp , while prices for market pulp were also higher .\ninput costs for wood and energy were higher .\noperating costs were lower , but planned maintenance downtime costs were $ 1 million higher .\ncompared with the fourth quarter of 2014 , sales volumes in the first quarter of 2015 , are expected to decrease for market pulp , but be slightly higher for fluff pulp .\naverage sales price realizations are expected to to be stable for fluff pulp and softwood market pulp , while hardwood market pulp prices are expected to improve .\ninput costs should be flat .\nplanned maintenance downtime costs should be about $ 13 million higher than in the fourth quarter of 2014 .\nconsumer packaging demand and pricing for consumer packaging products correlate closely with consumer spending and general economic activity .\nin addition to prices and volumes , major factors affecting the profitability of consumer packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix .\nconsumer packaging net sales in 2014 decreased 1% ( 1 % ) from 2013 , but increased 7% ( 7 % ) from 2012 .\noperating profits increased 11% ( 11 % ) from 2013 , but decreased 34% ( 34 % ) from 2012 .\nexcluding sheet plant closure costs , costs associated with the permanent shutdown of a paper machine at our augusta , georgia mill and costs related to the sale of the shorewood business , 2014 operating profits were 11% ( 11 % ) lower than in 2013 , and 30% ( 30 % ) lower than in 2012 .\nbenefits from higher average sales price realizations and a favorable mix ( $ 60 million ) were offset by lower sales volumes ( $ 11 million ) , higher operating costs ( $ 9 million ) , higher planned maintenance downtime costs ( $ 12 million ) , higher input costs ( $ 43 million ) and higher other costs ( $ 7 million ) .\nin addition , operating profits in 2014 include $ 8 million of costs associated with sheet plant closures , while operating profits in 2013 include costs of $ 45 million related to the permanent shutdown of a paper machine at our augusta , georgia mill and $ 2 million of costs associated with the sale of the shorewood business .\nconsumer packaging .\n\nTable Data:\n[['in millions', '2014', '2013', '2012'], ['sales', '$ 3403', '$ 3435', '$ 3170'], ['operating profit', '178', '161', '268']]\n\nFollowing Text:\nnorth american consumer packaging net sales were $ 2.0 billion in 2014 compared with $ 2.0 billion in 2013 and $ 2.0 billion in 2012 .\noperating profits were $ 92 million ( $ 100 million excluding sheet plant closure costs ) in 2014 compared with $ 63 million ( $ 110 million excluding paper machine shutdown costs and costs related to the sale of the shorewood business ) in 2013 and $ 165 million ( $ 162 million excluding a gain associated with the sale of the shorewood business in 2012 ) .\ncoated paperboard sales volumes in 2014 were lower than in 2013 reflecting weaker market demand .\nthe business took about 41000 tons of market-related downtime in 2014 compared with about 24000 tons in 2013 .\naverage sales price realizations increased year- .\n\nQuestion: what was the average net sales for north american consumer packaging from 2012",
        "solution": "2.0"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_56.pdf\n\nID: GS/2012/page_56.pdf-4\n\nPrevious Text:\nmanagement 2019s discussion and analysis the table below presents the operating results of our institutional client services segment. .\n\nTable Data:\n[['in millions', 'year ended december 2012', 'year ended december 2011', 'year ended december 2010'], ['fixed income currency and commodities client execution', '$ 9914', '$ 9018', '$ 13707'], ['equities client execution1', '3171', '3031', '3231'], ['commissions and fees', '3053', '3633', '3426'], ['securities services', '1986', '1598', '1432'], ['total equities', '8210', '8262', '8089'], ['total net revenues', '18124', '17280', '21796'], ['operating expenses', '12480', '12837', '14994'], ['pre-tax earnings', '$ 5644', '$ 4443', '$ 6802']]\n\nFollowing Text:\n1 .\nincludes net revenues related to reinsurance of $ 1.08 billion , $ 880 million and $ 827 million for the years ended december 2012 , december 2011 and december 2010 , respectively .\n2012 versus 2011 .\nnet revenues in institutional client services were $ 18.12 billion for 2012 , 5% ( 5 % ) higher than 2011 .\nnet revenues in fixed income , currency and commodities client execution were $ 9.91 billion for 2012 , 10% ( 10 % ) higher than 2011 .\nthese results reflected strong net revenues in mortgages , which were significantly higher compared with 2011 .\nin addition , net revenues in credit products and interest rate products were solid and higher compared with 2011 .\nthese increases were partially offset by significantly lower net revenues in commodities and slightly lower net revenues in currencies .\nalthough broad market concerns persisted during 2012 , fixed income , currency and commodities client execution operated in a generally improved environment characterized by tighter credit spreads and less challenging market-making conditions compared with 2011 .\nnet revenues in equities were $ 8.21 billion for 2012 , essentially unchanged compared with 2011 .\nnet revenues in securities services were significantly higher compared with 2011 , reflecting a gain of approximately $ 500 million on the sale of our hedge fund administration business .\nin addition , equities client execution net revenues were higher than 2011 , primarily reflecting significantly higher results in cash products , principally due to increased levels of client activity .\nthese increases were offset by lower commissions and fees , reflecting lower market volumes .\nduring 2012 , equities operated in an environment generally characterized by an increase in global equity prices and lower volatility levels .\nthe net loss attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 714 million ( $ 433 million and $ 281 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2012 , compared with a net gain of $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 .\nduring 2012 , institutional client services operated in an environment generally characterized by continued broad market concerns and uncertainties , although positive developments helped to improve market conditions .\nthese developments included certain central bank actions to ease monetary policy and address funding risks for european financial institutions .\nin addition , the u.s .\neconomy posted stable to improving economic data , including favorable developments in unemployment and housing .\nthese improvements resulted in tighter credit spreads , higher global equity prices and lower levels of volatility .\nhowever , concerns about the outlook for the global economy and continued political uncertainty , particularly the political debate in the united states surrounding the fiscal cliff , generally resulted in client risk aversion and lower activity levels .\nalso , uncertainty over financial regulatory reform persisted .\nif these concerns and uncertainties continue over the long term , net revenues in fixed income , currency and commodities client execution and equities would likely be negatively impacted .\noperating expenses were $ 12.48 billion for 2012 , 3% ( 3 % ) lower than 2011 , primarily due to lower brokerage , clearing , exchange and distribution fees , and lower impairment charges , partially offset by higher net provisions for litigation and regulatory proceedings .\npre-tax earnings were $ 5.64 billion in 2012 , 27% ( 27 % ) higher than 2011 .\n2011 versus 2010 .\nnet revenues in institutional client services were $ 17.28 billion for 2011 , 21% ( 21 % ) lower than 2010 .\nnet revenues in fixed income , currency and commodities client execution were $ 9.02 billion for 2011 , 34% ( 34 % ) lower than 2010 .\nalthough activity levels during 2011 were generally consistent with 2010 levels , and results were solid during the first quarter of 2011 , the environment during the remainder of 2011 was characterized by broad market concerns and uncertainty , resulting in volatile markets and significantly wider credit spreads , which contributed to difficult market-making conditions and led to reductions in risk by us and our clients .\nas a result of these conditions , net revenues across the franchise were lower , including significant declines in mortgages and credit products , compared with 2010 .\n54 goldman sachs 2012 annual report .\n\nQuestion: net revenues in institutional client services were what in billions for 2011?",
        "solution": "17.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2017/page_81.pdf\n\nID: BLK/2017/page_81.pdf-4\n\nPrevious Text:\nsources of blackrock 2019s operating cash primarily include investment advisory , administration fees and securities lending revenue , performance fees , revenue from technology and risk management services , advisory and other revenue and distribution fees .\nblackrock uses its cash to pay all operating expense , interest and principal on borrowings , income taxes , dividends on blackrock 2019s capital stock , repurchases of the company 2019s stock , capital expenditures and purchases of co-investments and seed investments .\nfor details of the company 2019s gaap cash flows from operating , investing and financing activities , see the consolidated statements of cash flows contained in part ii , item 8 of this filing .\ncash flows from operating activities , excluding the impact of consolidated sponsored investment funds , primarily include the receipt of investment advisory and administration fees , securities lending revenue and performance fees offset by the payment of operating expenses incurred in the normal course of business , including year-end incentive compensation accrued for in the prior year .\ncash outflows from investing activities , excluding the impact of consolidated sponsored investment funds , for 2017 were $ 517 million and primarily reflected $ 497 million of investment purchases , $ 155 million of purchases of property and equipment , $ 73 million related to the first reserve transaction and $ 29 million related to the cachematrix transaction , partially offset by $ 205 million of net proceeds from sales and maturities of certain investments .\ncash outflows from financing activities , excluding the impact of consolidated sponsored investment funds , for 2017 were $ 3094 million , primarily resulting from $ 1.4 billion of share repurchases , including $ 1.1 billion in open market- transactions and $ 321 million of employee tax withholdings related to employee stock transactions , $ 1.7 billion of cash dividend payments and $ 700 million of repayments of long- term borrowings , partially offset by $ 697 million of proceeds from issuance of long-term borrowings .\nthe company manages its financial condition and funding to maintain appropriate liquidity for the business .\nliquidity resources at december 31 , 2017 and 2016 were as follows : ( in millions ) december 31 , december 31 , cash and cash equivalents ( 1 ) $ 6894 $ 6091 cash and cash equivalents held by consolidated vres ( 2 ) ( 63 ) ( 53 ) .\n\nTable Data:\n[['( in millions )', 'december 31 2017', 'december 31 2016'], ['cash and cash equivalents ( 1 )', '$ 6894', '$ 6091'], ['cash and cash equivalents held by consolidated vres ( 2 )', '-63 ( 63 )', '-53 ( 53 )'], ['subtotal', '6831', '6038'], ['credit facility 2014 undrawn', '4000', '4000'], ['total liquidity resources ( 3 )', '$ 10831', '$ 10038']]\n\nFollowing Text:\ntotal liquidity resources ( 3 ) $ 10831 $ 10038 ( 1 ) the percentage of cash and cash equivalents held by the company 2019s u.s .\nsubsidiaries was approximately 40% ( 40 % ) and 50% ( 50 % ) at december 31 , 2017 and 2016 , respectively .\nsee net capital requirements herein for more information on net capital requirements in certain regulated subsidiaries .\n( 2 ) the company cannot readily access such cash to use in its operating activities .\n( 3 ) amounts do not reflect a reduction for year-end incentive compensation accruals of approximately $ 1.5 billion and $ 1.3 billion for 2017 and 2016 , respectively , which are paid in the first quarter of the following year .\ntotal liquidity resources increased $ 793 million during 2017 , primarily reflecting cash flows from operating activities , partially offset by cash payments of 2016 year-end incentive awards , share repurchases of $ 1.4 billion and cash dividend payments of $ 1.7 billion .\na significant portion of the company 2019s $ 3154 million of total investments , as adjusted , is illiquid in nature and , as such , cannot be readily convertible to cash .\nshare repurchases .\nthe company repurchased 2.6 million common shares in open market transactions under the share repurchase program for approximately $ 1.1 billion during 2017 .\nat december 31 , 2017 , there were 6.4 million shares still authorized to be repurchased .\nnet capital requirements .\nthe company is required to maintain net capital in certain regulated subsidiaries within a number of jurisdictions , which is partially maintained by retaining cash and cash equivalent investments in those subsidiaries or jurisdictions .\nas a result , such subsidiaries of the company may be restricted in their ability to transfer cash between different jurisdictions and to their parents .\nadditionally , transfers of cash between international jurisdictions may have adverse tax consequences that could discourage such transfers .\nblackrock institutional trust company , n.a .\n( 201cbtc 201d ) is chartered as a national bank that does not accept client deposits and whose powers are limited to trust and other fiduciary activities .\nbtc provides investment management services , including investment advisory and securities lending agency services , to institutional clients .\nbtc is subject to regulatory capital and liquid asset requirements administered by the office of the comptroller of the currency .\nat december 31 , 2017 and 2016 , the company was required to maintain approximately $ 1.8 billion and $ 1.4 billion , respectively , in net capital in certain regulated subsidiaries , including btc , entities regulated by the financial conduct authority and prudential regulation authority in the united kingdom , and the company 2019s broker-dealers .\nthe company was in compliance with all applicable regulatory net capital requirements .\nundistributed earnings of foreign subsidiaries .\nas a result of the 2017 tax act and the one-time mandatory deemed repatriation tax on untaxed accumulated foreign earnings , a provisional amount of u.s .\nincome taxes was provided on the undistributed foreign earnings .\nthe financial statement basis in excess of tax basis of its foreign subsidiaries remains indefinitely reinvested in foreign operations .\nthe company will continue to evaluate its capital management plans throughout 2018 .\nshort-term borrowings 2017 revolving credit facility .\nthe company 2019s credit facility has an aggregate commitment amount of $ 4.0 billion and was amended in april 2017 to extend the maturity date to april 2022 ( the 201c2017 credit facility 201d ) .\nthe 2017 credit facility permits the company to request up to an additional $ 1.0 billion of borrowing capacity , subject to lender credit approval , increasing the overall size of the 2017 credit facility to an aggregate principal amount not to exceed $ 5.0 billion .\ninterest on borrowings outstanding accrues at a rate based on the applicable london interbank offered rate plus a spread .\nthe 2017 credit facility requires the company .\n\nQuestion: what is the growth rate in the balance of cash and cash equivalents in 2017?",
        "solution": "13.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2004/page_27.pdf\n\nID: DRE/2004/page_27.pdf-4\n\nPrevious Text:\ngain on land sales are derived from sales of undeveloped land owned by us .\nwe pursue opportunities to dispose of land in markets with a high concentration of undeveloped land and in those markets where the land no longer meets our strategic development plans .\nthe increase was partially attributable to a land sale to a current corporate tenant for potential future expansion .\nwe recorded $ 424000 and $ 560000 of impairment charges associated with contracts to sell land parcels for the years ended december 31 , 2004 and 2003 , respectively .\nas of december 31 , 2004 , only one parcel on which we recorded impairment charges is still owned by us .\nwe anticipate selling this parcel in the first quarter of 2005 .\ndiscontinued operations we have classified operations of 86 buildings as discontinued operations as of december 31 , 2004 .\nthese 86 buildings consist of 69 industrial , 12 office and five retail properties .\nas a result , we classified net income from operations , net of minority interest , of $ 1.6 million , $ 6.3 million and $ 10.7 million as net income from discontinued operations for the years ended december 31 , 2004 , 2003 and 2002 , respectively .\nin addition , 41 of the properties classified in discontinued operations were sold during 2004 , 42 properties were sold during 2003 , two properties were sold during 2002 and one operating property is classified as held-for-sale at december 31 , 2004 .\nthe gains on disposal of these properties , net of impairment adjustment and minority interest , of $ 23.9 million and $ 11.8 million for the years ended december 31 , 2004 and 2003 , respectively , are also reported in discontinued operations .\nfor the year ended december 31 , 2002 , a $ 4.5 million loss on disposal of properties , net of impairment adjustments and minority interest , is reported in discontinued operations due to impairment charges of $ 7.7 million recorded on three properties in 2002 that were later sold in 2003 and 2004 .\ncomparison of year ended december 31 , 2003 to year ended december 31 , 2002 rental income from continuing operations rental income from continuing operations increased from $ 652.8 million in 2002 to $ 689.3 million in 2003 .\nthe following table reconciles rental income by reportable segment to our total reported rental income from continuing operations for the years ended december 31 , 2003 and 2002 ( in thousands ) : .\n\nTable Data:\n[['', '2003', '2002'], ['office', '$ 419962', '$ 393810'], ['industrial', '259762', '250391'], ['retail', '5863', '4733'], ['other', '3756', '3893'], ['total', '$ 689343', '$ 652827']]\n\nFollowing Text:\nalthough our three reportable segments comprising rental operations ( office , industrial and retail ) are all within the real estate industry , they are not necessarily affected by the same economic and industry conditions .\nfor example , our retail segment experienced high occupancies and strong overall performance during 2003 , while our office and industrial segments reflected the weaker economic environment for those property types .\nthe primary causes of the increase in rental income from continuing operations , with specific references to a particular segment when applicable , are summarized below : 25cf during 2003 , in-service occupancy improved from 87.1% ( 87.1 % ) at the end of 2002 to 89.3% ( 89.3 % ) at the end of 2003 .\nthe second half of 2003 was highlighted by a significant increase in the industrial portfolio occupancy of 2.1% ( 2.1 % ) along with a slight increase in office portfolio occupancy of 0.9% ( 0.9 % ) .\n25cf lease termination fees totaled $ 27.4 million in 2002 compared to $ 16.2 million in 2003 .\nmost of this decrease was attributable to the office segment , which recognized $ 21.1 million of termination fees in 2002 as compared to $ 11.8 million in 2003 .\nlease termination fees relate to specific tenants that pay a fee to terminate their lease obligations before the end of the contractual lease term .\nthe high volume of termination fees in 2002 was reflective of the contraction of the business of large office users during that year and their desire to downsize their use of office space .\nthe decrease in termination fees for 2003 was indicative of an improving economy and a more stable financial position of our tenants .\n25cf during the year ended 2003 , we acquired $ 232 million of properties totaling 2.1 million square feet .\nthe acquisitions were primarily class a office buildings in existing markets with overall occupancy near 90% ( 90 % ) .\nrevenues associated with these acquisitions totaled $ 11.9 million in 2003 .\nin addition , revenues from 2002 acquisitions totaled $ 15.8 million in 2003 compared to $ 4.8 million in 2002 .\nthis significant increase is primarily due to a large office acquisition that closed at the end of december 2002 .\n25cf developments placed in-service in 2003 provided revenues of $ 6.6 million , while revenues associated with developments placed in-service in 2002 totaled $ 13.7 million in 2003 compared to $ 4.7 million in 25cf proceeds from dispositions of held for rental properties totaled $ 126.1 million in 2003 , compared to $ 40.9 million in 2002 .\nthese properties generated revenue of $ 12.5 million in 2003 versus $ 19.6 million in 2002 .\nequity in earnings of unconsolidated companies equity in earnings represents our ownership share of net income from investments in unconsolidated companies .\nthese joint ventures generally own and operate rental properties and hold land for development .\nthese earnings decreased from $ 27.2 million in 2002 to $ 23.7 million in 2003 .\nthis decrease is a result of the following significant activity: .\n\nQuestion: inn 2003 what was the percent of the total rental income by reportable segment that was sourced from retail",
        "solution": "0.85%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2015/page_77.pdf\n\nID: JPM/2015/page_77.pdf-4\n\nPrevious Text:\njpmorgan chase & co./2015 annual report 67 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co .\n( 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 .\nthe 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 .\nthe kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s .\nand is composed of 24 leading national money center and regional banks and thrifts .\nthe s&p financial index is an index of 87 financial companies , all of which are components of the s&p 500 .\nthe firm is a component of all three industry indices .\nthe following table and graph assume simultaneous investments of $ 100 on december 31 , 2010 , in jpmorgan chase common stock and in each of the above indices .\nthe comparison assumes that all dividends are reinvested .\ndecember 31 , ( in dollars ) 2010 2011 2012 2013 2014 2015 .\n\nTable Data:\n[['december 31 ( in dollars )', '2010', '2011', '2012', '2013', '2014', '2015'], ['jpmorgan chase', '$ 100.00', '$ 80.03', '$ 108.98', '$ 148.98', '$ 163.71', '$ 177.40'], ['kbw bank index', '100.00', '76.82', '102.19', '140.77', '153.96', '154.71'], ['s&p financial index', '100.00', '82.94', '106.78', '144.79', '166.76', '164.15'], ['s&p 500 index', '100.00', '102.11', '118.44', '156.78', '178.22', '180.67']]\n\nFollowing Text:\ndecember 31 , ( in dollars ) .\n\nQuestion: did jpmorgan chase outperform the s&p financial index?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2012/page_110.pdf\n\nID: PNC/2012/page_110.pdf-2\n\nPrevious Text:\nconsist of first and second liens , the charge-off amounts for the pool are proportionate to the composition of first and second liens in the pool .\nour experience has been that the ratio of first to second lien loans has been consistent over time and is appropriately represented in our pools used for roll-rate calculations .\ngenerally , our variable-rate home equity lines of credit have either a seven or ten year draw period , followed by a 20 year amortization term .\nduring the draw period , we have home equity lines of credit where borrowers pay interest only and home equity lines of credit where borrowers pay principal and interest .\nbased upon outstanding balances at december 31 , 2012 , the following table presents the periods when home equity lines of credit draw periods are scheduled to end .\ntable 39 : home equity lines of credit 2013 draw period end in millions interest product principal interest product .\n\nTable Data:\n[['in millions', 'interestonlyproduct', 'principalandinterestproduct'], ['2013', '$ 1338', '$ 221'], ['2014', '2048', '475'], ['2015', '2024', '654'], ['2016', '1571', '504'], ['2017', '3075', '697'], ['2018 and thereafter', '5497', '4825'], ['total ( a )', '$ 15553', '$ 7376']]\n\nFollowing Text:\n( a ) includes approximately $ 166 million , $ 208 million , $ 213 million , $ 61 million , $ 70 million and $ 526 million of home equity lines of credit with balloon payments with draw periods scheduled to end in 2013 , 2014 , 2015 , 2016 , 2017 and 2018 and thereafter , respectively .\nwe view home equity lines of credit where borrowers are paying principal and interest under the draw period as less risky than those where the borrowers are paying interest only , as these borrowers have a demonstrated ability to make some level of principal and interest payments .\nbased upon outstanding balances , and excluding purchased impaired loans , at december 31 , 2012 , for home equity lines of credit for which the borrower can no longer draw ( e.g. , draw period has ended or borrowing privileges have been terminated ) , approximately 3.86% ( 3.86 % ) were 30-89 days past due and approximately 5.96% ( 5.96 % ) were greater than or equal to 90 days past due .\ngenerally , when a borrower becomes 60 days past due , we terminate borrowing privileges , and those privileges are not subsequently reinstated .\nat that point , we continue our collection/recovery processes , which may include a loss mitigation loan modification resulting in a loan that is classified as a tdr .\nsee note 5 asset quality in the notes to consolidated financial statements in item 8 of this report for additional information .\nloan modifications and troubled debt restructurings consumer loan modifications we modify loans under government and pnc-developed programs based upon our commitment to help eligible homeowners and borrowers avoid foreclosure , where appropriate .\ninitially , a borrower is evaluated for a modification under a government program .\nif a borrower does not qualify under a government program , the borrower is then evaluated under a pnc program .\nour programs utilize both temporary and permanent modifications and typically reduce the interest rate , extend the term and/or defer principal .\ntemporary and permanent modifications under programs involving a change to loan terms are generally classified as tdrs .\nfurther , certain payment plans and trial payment arrangements which do not include a contractual change to loan terms may be classified as tdrs .\nadditional detail on tdrs is discussed below as well as in note 5 asset quality in the notes to consolidated financial statements in item 8 of this report .\na temporary modification , with a term between three and 60 months , involves a change in original loan terms for a period of time and reverts to a calculated exit rate for the remaining term of the loan as of a specific date .\na permanent modification , with a term greater than 60 months , is a modification in which the terms of the original loan are changed .\npermanent modifications primarily include the government-created home affordable modification program ( hamp ) or pnc-developed hamp-like modification programs .\nfor consumer loan programs , such as residential mortgages and home equity loans and lines , we will enter into a temporary modification when the borrower has indicated a temporary hardship and a willingness to bring current the delinquent loan balance .\nexamples of this situation often include delinquency due to illness or death in the family , or a loss of employment .\npermanent modifications are entered into when it is confirmed that the borrower does not possess the income necessary to continue making loan payments at the current amount , but our expectation is that payments at lower amounts can be made .\nresidential mortgage and home equity loans and lines have been modified with changes in terms for up to 60 months , although the majority involve periods of three to 24 months .\nwe also monitor the success rates and delinquency status of our loan modification programs to assess their effectiveness in serving our customers 2019 needs while mitigating credit losses .\nthe following tables provide the number of accounts and unpaid principal balance of modified consumer real estate related loans as well as the number of accounts and unpaid principal balance of modified loans that were 60 days or more past due as of six months , nine months , twelve months and fifteen months after the modification date .\nthe pnc financial services group , inc .\n2013 form 10-k 91 .\n\nQuestion: what is the average , in millions , of interest only product in 2013 , 2014 and 2015?",
        "solution": "1803.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2017/page_144.pdf\n\nID: JPM/2017/page_144.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis 114 jpmorgan chase & co./2017 annual report derivative contracts in the normal course of business , the firm uses derivative instruments predominantly for market-making activities .\nderivatives enable counterparties to manage exposures to fluctuations in interest rates , currencies and other markets .\nthe firm also uses derivative instruments to manage its own credit and other market risk exposure .\nthe nature of the counterparty and the settlement mechanism of the derivative affect the credit risk to which the firm is exposed .\nfor otc derivatives the firm is exposed to the credit risk of the derivative counterparty .\nfor exchange- traded derivatives ( 201cetd 201d ) , such as futures and options , and 201ccleared 201d over-the-counter ( 201cotc-cleared 201d ) derivatives , the firm is generally exposed to the credit risk of the relevant ccp .\nwhere possible , the firm seeks to mitigate its credit risk exposures arising from derivative transactions through the use of legally enforceable master netting arrangements and collateral agreements .\nfor further discussion of derivative contracts , counterparties and settlement types , see note 5 .\nthe following table summarizes the net derivative receivables for the periods presented .\nderivative receivables .\n\nTable Data:\n[['december 31 ( in millions )', '2017', '2016'], ['interest rate', '$ 24673', '$ 28302'], ['credit derivatives', '869', '1294'], ['foreign exchange', '16151', '23271'], ['equity', '7882', '4939'], ['commodity', '6948', '6272'], ['total net of cash collateral', '56523', '64078'], ['liquid securities and other cash collateral held against derivative receivables ( a )', '-16108 ( 16108 )', '-22705 ( 22705 )'], ['total net of all collateral', '$ 40415', '$ 41373']]\n\nFollowing Text:\n( a ) includes collateral related to derivative instruments where an appropriate legal opinion has not been either sought or obtained .\nderivative receivables reported on the consolidated balance sheets were $ 56.5 billion and $ 64.1 billion at december 31 , 2017 and 2016 , respectively .\nderivative receivables decreased predominantly as a result of client- driven market-making activities in cib markets , which reduced foreign exchange and interest rate derivative receivables , and increased equity derivative receivables , driven by market movements .\nderivative receivables amounts represent the fair value of the derivative contracts after giving effect to legally enforceable master netting agreements and cash collateral held by the firm .\nhowever , in management 2019s view , the appropriate measure of current credit risk should also take into consideration additional liquid securities ( primarily u.s .\ngovernment and agency securities and other group of seven nations ( 201cg7 201d ) government bonds ) and other cash collateral held by the firm aggregating $ 16.1 billion and $ 22.7 billion at december 31 , 2017 and 2016 , respectively , that may be used as security when the fair value of the client 2019s exposure is in the firm 2019s favor .\nin addition to the collateral described in the preceding paragraph , the firm also holds additional collateral ( primarily cash , g7 government securities , other liquid government-agency and guaranteed securities , and corporate debt and equity securities ) delivered by clients at the initiation of transactions , as well as collateral related to contracts that have a non-daily call frequency and collateral that the firm has agreed to return but has not yet settled as of the reporting date .\nalthough this collateral does not reduce the balances and is not included in the table above , it is available as security against potential exposure that could arise should the fair value of the client 2019s derivative transactions move in the firm 2019s favor .\nthe derivative receivables fair value , net of all collateral , also does not include other credit enhancements , such as letters of credit .\nfor additional information on the firm 2019s use of collateral agreements , see note 5 .\nwhile useful as a current view of credit exposure , the net fair value of the derivative receivables does not capture the potential future variability of that credit exposure .\nto capture the potential future variability of credit exposure , the firm calculates , on a client-by-client basis , three measures of potential derivatives-related credit loss : peak , derivative risk equivalent ( 201cdre 201d ) , and average exposure ( 201cavg 201d ) .\nthese measures all incorporate netting and collateral benefits , where applicable .\npeak represents a conservative measure of potential exposure to a counterparty calculated in a manner that is broadly equivalent to a 97.5% ( 97.5 % ) confidence level over the life of the transaction .\npeak is the primary measure used by the firm for setting of credit limits for derivative transactions , senior management reporting and derivatives exposure management .\ndre exposure is a measure that expresses the risk of derivative exposure on a basis intended to be equivalent to the risk of loan exposures .\ndre is a less extreme measure of potential credit loss than peak and is used for aggregating derivative credit risk exposures with loans and other credit risk .\nfinally , avg is a measure of the expected fair value of the firm 2019s derivative receivables at future time periods , including the benefit of collateral .\navg exposure over the total life of the derivative contract is used as the primary metric for pricing purposes and is used to calculate credit risk capital and the cva , as further described below .\nthe three year avg exposure was $ 29.0 billion and $ 31.1 billion at december 31 , 2017 and 2016 , respectively , compared with derivative receivables , net of all collateral , of $ 40.4 billion and $ 41.4 billion at december 31 , 2017 and 2016 , respectively .\nthe fair value of the firm 2019s derivative receivables incorporates cva to reflect the credit quality of counterparties .\ncva is based on the firm 2019s avg to a counterparty and the counterparty 2019s credit spread in the credit derivatives market .\nthe firm believes that active risk management is essential to controlling the dynamic credit risk in the derivatives portfolio .\nin addition , the firm 2019s risk management process takes into consideration the potential .\n\nQuestion: credit derivatives for 2017 were what percent of the foreign exchange derivatives?",
        "solution": "5.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_70.pdf\n\nID: AAPL/2007/page_70.pdf-1\n\nPrevious Text:\nnotes 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 .\none 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 .\nthe following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nvendor 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 .\nthe company purchases these raw material components directly from suppliers .\nthese 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 .\nthe 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 .\nderivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange risk .\nforeign 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 .\nthe company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .\nthe company records all derivatives on the balance sheet at fair value. .\n\nQuestion: what was the percentage change in the allowance for doubtful accounts from 2005 to 2006?",
        "solution": "13%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2014/page_61.pdf\n\nID: UPS/2014/page_61.pdf-1\n\nPrevious Text:\nunited parcel service , inc .\nand subsidiaries management's discussion and analysis of financial condition and results of operations issuances of debt in 2014 and 2013 consisted primarily of longer-maturity commercial paper .\nissuances of debt in 2012 consisted primarily of senior fixed rate note offerings totaling $ 1.75 billion .\nrepayments of debt in 2014 and 2013 consisted primarily of the maturity of our $ 1.0 and $ 1.75 billion senior fixed rate notes that matured in april 2014 and january 2013 , respectively .\nthe remaining repayments of debt during the 2012 through 2014 time period included paydowns of commercial paper and scheduled principal payments on our capitalized lease obligations .\nwe consider the overall fixed and floating interest rate mix of our portfolio and the related overall cost of borrowing when planning for future issuances and non-scheduled repayments of debt .\nwe had $ 772 million of commercial paper outstanding at december 31 , 2014 , and no commercial paper outstanding at december 31 , 2013 and 2012 .\nthe amount of commercial paper outstanding fluctuates throughout each year based on daily liquidity needs .\nthe average commercial paper balance was $ 1.356 billion and the average interest rate paid was 0.10% ( 0.10 % ) in 2014 ( $ 1.013 billion and 0.07% ( 0.07 % ) in 2013 , and $ 962 million and 0.07% ( 0.07 % ) in 2012 , respectively ) .\nthe variation in cash received from common stock issuances to employees was primarily due to level of stock option exercises in the 2012 through 2014 period .\nthe cash outflows in other financing activities were impacted by several factors .\ncash inflows ( outflows ) from the premium payments and settlements of capped call options for the purchase of ups class b shares were $ ( 47 ) , $ ( 93 ) and $ 206 million for 2014 , 2013 and 2012 , respectively .\ncash outflows related to the repurchase of shares to satisfy tax withholding obligations on vested employee stock awards were $ 224 , $ 253 and $ 234 million for 2014 , 2013 and 2012 , respectively .\nin 2013 , we paid $ 70 million to purchase the noncontrolling interest in a joint venture that operates in the middle east , turkey and portions of the central asia region .\nin 2012 , we settled several interest rate derivatives that were designated as hedges of the senior fixed-rate debt offerings that year , which resulted in a cash outflow of $ 70 million .\nsources of credit see note 7 to the audited consolidated financial statements for a discussion of our available credit and debt covenants .\nguarantees and other off-balance sheet arrangements we do not have guarantees or other off-balance sheet financing arrangements , including variable interest entities , which we believe could have a material impact on financial condition or liquidity .\ncontractual commitments we have contractual obligations and commitments in the form of capital leases , operating leases , debt obligations , purchase commitments , and certain other liabilities .\nwe intend to satisfy these obligations through the use of cash flow from operations .\nthe following table summarizes the expected cash outflow to satisfy our contractual obligations and commitments as of december 31 , 2014 ( in millions ) : .\n\nTable Data:\n[['commitment type', '2015', '2016', '2017', '2018', '2019', 'after 2019', 'total'], ['capital leases', '$ 75', '$ 74', '$ 67', '$ 62', '$ 59', '$ 435', '$ 772'], ['operating leases', '323', '257', '210', '150', '90', '274', '1304'], ['debt principal', '876', '8', '377', '752', '1000', '7068', '10081'], ['debt interest', '295', '293', '293', '282', '260', '4259', '5682'], ['purchase commitments', '269', '195', '71', '19', '8', '26', '588'], ['pension fundings', '1030', '1161', '344', '347', '400', '488', '3770'], ['other liabilities', '43', '23', '10', '5', '2014', '2014', '81'], ['total', '$ 2911', '$ 2011', '$ 1372', '$ 1617', '$ 1817', '$ 12550', '$ 22278']]\n\nFollowing Text:\n.\n\nQuestion: what percent of total expected cash outflow to satisfy contractual obligations and commitments as of december 31 , 2014 , is debt principal?",
        "solution": "45%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FTV/2017/page_17.pdf\n\nID: FTV/2017/page_17.pdf-2\n\nPrevious Text:\nthe new york stock exchange ( the 201cseparation 201d ) .\nthe separation was effectuated through a pro-rata dividend distribution on july 2 , 2016 of all of the then-outstanding shares of common stock of fortive corporation to the holders of common stock of danaher as of june 15 , 2016 .\nin this annual report , the terms 201cfortive 201d or the 201ccompany 201d refer to either fortive corporation or to fortive corporation and its consolidated subsidiaries , as the context requires .\nreportable segments the table below describes the percentage of sales attributable to each of our two segments over each of the last three years ended december 31 , 2017 .\nfor additional information regarding sales , operating profit and identifiable assets by segment , please refer to note 17 to the consolidated and combined financial statements included in this annual report. .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['professional instrumentation', '47% ( 47 % )', '46% ( 46 % )', '48% ( 48 % )'], ['industrial technologies', '53% ( 53 % )', '54% ( 54 % )', '52% ( 52 % )']]\n\nFollowing Text:\nprofessional instrumentation our professional instrumentation segment offers essential products , software and services used to create actionable intelligence by measuring and monitoring a wide range of physical parameters in industrial applications , including electrical current , radio frequency signals , distance , pressure , temperature , radiation , and hazardous gases .\ncustomers for these products and services include industrial service , installation and maintenance professionals , designers and manufacturers of electronic devices and instruments , medical technicians , safety professionals and other customers for whom precision , reliability and safety are critical in their specific applications .\n2017 sales for this segment by geographic destination were : north america , 50% ( 50 % ) ; europe , 18% ( 18 % ) ; asia pacific , 26% ( 26 % ) , and all other regions , 6% ( 6 % ) .\nour professional instrumentation segment consists of our advanced instrumentation & solutions and sensing technologies businesses .\nour advanced instrumentation & solutions business was primarily established through the acquisitions of qualitrol in the 1980s , fluke corporation in 1998 , pacific scientific company in 1998 , tektronix in 2007 , invetech in 2007 , keithley instruments in 2010 , emaint in 2016 , industrial scientific in 2017 , landauer in 2017 and numerous bolt-on acquisitions .\nadvanced instrumentation & solutions our advanced instrumentation & solutions business consists of : field solutions our field solutions products include a variety of compact professional test tools , thermal imaging and calibration equipment for electrical , industrial , electronic and calibration applications , online condition-based monitoring equipment ; portable gas detection equipment , consumables , and software as a service ( saas ) offerings including safety/user behavior , asset management , and compliance monitoring ; subscription-based technical , analytical , and compliance services to determine occupational and environmental radiation exposure ; and computerized maintenance management software for critical infrastructure in utility , industrial , energy , construction , public safety , mining , and healthcare applications .\nthese products and associated software solutions measure voltage , current , resistance , power quality , frequency , pressure , temperature , radiation , hazardous gas and air quality , among other parameters .\ntypical users of these products and software include electrical engineers , electricians , electronic technicians , safety professionals , medical technicians , network technicians , first-responders , and industrial service , installation and maintenance professionals .\nthe business also makes and sells instruments , controls and monitoring and maintenance systems used by maintenance departments in utilities and industrial facilities to monitor assets , including transformers , generators , motors and switchgear .\nproducts are marketed under a variety of brands , including fluke , fluke biomedical , fluke networks , industrial scientific , landauer and qualitrol .\nproduct realization our product realization services and products help developers and engineers across the end-to-end product creation cycle from concepts to finished products .\nour test , measurement and monitoring products are used in the design , manufacturing and development of electronics , industrial , video and other advanced technologies .\ntypical users of these products and services include research and development engineers who design , de-bug , monitor and validate the function and performance of electronic components , subassemblies and end-products , and video equipment manufacturers , content developers and broadcasters .\nthe business also provides a full range of design , engineering and manufacturing services and highly-engineered , modular components to enable conceptualization , development and launch of products in the medical diagnostics , cell therapy and consumer markets .\nfinally , the business designs , develops , manufactures and markets critical , highly-engineered energetic materials components in specialized vertical applications .\nproducts and services are marketed .\n\nQuestion: what was the change in percentage of sales attributable to industrial technologies from 2016 to 2017?",
        "solution": "-1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2011/page_38.pdf\n\nID: AAPL/2011/page_38.pdf-1\n\nPrevious Text:\n35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s .\ntaxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s .\nas of september 24 , 2011 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 3.2 billion , and deferred tax liabilities of $ 9.2 billion .\nmanagement believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets .\nthe company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance .\nthe internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments .\nthe company has contested certain of these adjustments through the irs appeals office .\nthe irs is currently examining the years 2007 through 2009 .\nall irs audit issues for years prior to 2004 have been resolved .\nin addition , the company is subject to audits by state , local , and foreign tax authorities .\nmanagement believes that adequate provisions have been made for any adjustments that may result from tax examinations .\nhowever , the outcome of tax audits cannot be predicted with certainty .\nif any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs .\nliquidity and capital resources the following table presents selected financial information and statistics as of and for the three years ended september 24 , 2011 ( in millions ) : .\n\nTable Data:\n[['', '2011', '2010', '2009'], ['cash cash equivalents and marketable securities', '$ 81570', '$ 51011', '$ 33992'], ['accounts receivable net', '$ 5369', '$ 5510', '$ 3361'], ['inventories', '$ 776', '$ 1051', '$ 455'], ['working capital', '$ 17018', '$ 20956', '$ 20049'], ['annual operating cash flow', '$ 37529', '$ 18595', '$ 10159']]\n\nFollowing Text:\ncash , cash equivalents and marketable securities increased $ 30.6 billion or 60% ( 60 % ) during 2011 .\nthe principal components of this net increase was the cash generated by operating activities of $ 37.5 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 4.3 billion , payments for acquisition of intangible assets of $ 3.2 billion and payments made in connection with business acquisitions , net of cash acquired , of $ 244 million .\nthe company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments and other liquidity requirements associated with its existing operations over the next 12 months .\nthe company 2019s marketable securities investment portfolio is invested primarily in highly rated securities and its policy generally limits the amount of credit exposure to any one issuer .\nthe company 2019s investment policy requires investments to generally be investment grade with the objective of minimizing the potential risk of principal loss .\nas of september 24 , 2011 and september 25 , 2010 , $ 54.3 billion and $ 30.8 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s .\ndollar-denominated holdings .\namounts held by foreign subsidiaries are generally subject to u.s .\nincome taxation on repatriation to the u.s .\ncapital assets the company 2019s capital expenditures were $ 4.6 billion during 2011 , consisting of approximately $ 614 million for retail store facilities and $ 4.0 billion for other capital expenditures , including product tooling and manufacturing .\n\nQuestion: what is the percentage change in annual operating cash flow from 2010 to 2011?",
        "solution": "102%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ALXN/2016/page_89.pdf\n\nID: ALXN/2016/page_89.pdf-2\n\nPrevious Text:\nrisks related to our common stock our stock price is extremely volatile .\nthe trading price of our common stock has been extremely volatile and may continue to be volatile in the future .\nmany factors could have an impact on our stock price , including fluctuations in our or our competitors 2019 operating results , clinical trial results or adverse events associated with our products , product development by us or our competitors , changes in laws , including healthcare , tax or intellectual property laws , intellectual property developments , changes in reimbursement or drug pricing , the existence or outcome of litigation or government proceedings , including the sec/doj investigation , failure to resolve , delays in resolving or other developments with respect to the issues raised in the warning letter , acquisitions or other strategic transactions , and the perceptions of our investors that we are not performing or meeting expectations .\nthe trading price of the common stock of many biopharmaceutical companies , including ours , has experienced extreme price and volume fluctuations , which have at times been unrelated to the operating performance of the companies whose stocks were affected .\nanti-takeover provisions in our charter and bylaws and under delaware law could make a third-party acquisition of us difficult and may frustrate any attempt to remove or replace our current management .\nour corporate charter and by-law provisions may discourage certain types of transactions involving an actual or potential change of control that might be beneficial to us or our stockholders .\nour bylaws provide that special meetings of our stockholders may be called only by the chairman of the board , the president , the secretary , or a majority of the board of directors , or upon the written request of stockholders who together own of record 25% ( 25 % ) of the outstanding stock of all classes entitled to vote at such meeting .\nour bylaws also specify that the authorized number of directors may be changed only by resolution of the board of directors .\nour charter does not include a provision for cumulative voting for directors , which may have enabled a minority stockholder holding a sufficient percentage of a class of shares to elect one or more directors .\nunder our charter , our board of directors has the authority , without further action by stockholders , to designate up to 5 shares of preferred stock in one or more series .\nthe rights of the holders of common stock will be subject to , and may be adversely affected by , the rights of the holders of any class or series of preferred stock that may be issued in the future .\nbecause we are a delaware corporation , the anti-takeover provisions of delaware law could make it more difficult for a third party to acquire control of us , even if the change in control would be beneficial to stockholders .\nwe are subject to the provisions of section 203 of the delaware general laws , which prohibits a person who owns in excess of 15% ( 15 % ) of our outstanding voting stock from merging or combining with us for a period of three years after the date of the transaction in which the person acquired in excess of 15% ( 15 % ) of our outstanding voting stock , unless the merger or combination is approved in a prescribed manner .\nitem 1b .\nunresolved staff comments .\nitem 2 .\nproperties .\nwe conduct our primary operations at the owned and leased facilities described below .\nlocation operations conducted approximate square feet expiration new haven , connecticut corporate headquarters and executive , sales , research and development offices 514000 2030 dublin , ireland global supply chain , distribution , and administration offices 160000 owned .\n\nTable Data:\n[['location', 'operations conducted', 'approximatesquare feet', 'leaseexpirationdates'], ['new haven connecticut', 'corporate headquarters and executive sales research and development offices', '514000', '2030'], ['dublin ireland', 'global supply chain distribution and administration offices', '160000', 'owned'], ['athlone ireland', 'commercial research and development manufacturing', '80000', 'owned'], ['lexington massachusetts', 'research and development offices', '81000', '2019'], ['bogart georgia', 'commercial research and development manufacturing', '70000', 'owned'], ['smithfield rhode island', 'commercial research and development manufacturing', '67000', 'owned'], ['zurich switzerland', 'regional executive and sales offices', '69000', '2025']]\n\nFollowing Text:\nwe believe that our administrative office space is adequate to meet our needs for the foreseeable future .\nwe also believe that our research and development facilities and our manufacturing facilities , together with third party manufacturing facilities , will be adequate for our on-going activities .\nin addition to the locations above , we also lease space in other u.s .\nlocations and in foreign countries to support our operations as a global organization. .\n\nQuestion: how many square feet are leased by the company?",
        "solution": "664000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FITB/2008/page_96.pdf\n\nID: FITB/2008/page_96.pdf-2\n\nPrevious Text:\nannual report on form 10-k 108 fifth third bancorp part ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the information required by this item is included in the corporate information found on the inside of the back cover and in the discussion of dividend limitations that the subsidiaries can pay to the bancorp discussed in note 26 of the notes to the consolidated financial statements .\nadditionally , as of december 31 , 2008 , the bancorp had approximately 60025 shareholders of record .\nissuer purchases of equity securities period shares purchased average paid per shares purchased as part of publicly announced plans or programs maximum shares that may be purchased under the plans or programs .\n\nTable Data:\n[['period', 'sharespurchased ( a )', 'averagepricepaid pershare', 'sharespurchasedas part ofpubliclyannouncedplans orprograms', 'maximumshares thatmay bepurchasedunder theplans orprograms'], ['october 2008', '25394', '$ -', '-', '19201518'], ['november 2008', '7526', '-', '-', '19201518'], ['december 2008', '40', '-', '-', '19201518'], ['total', '32960', '$ -', '-', '19201518']]\n\nFollowing Text:\n( a ) the bancorp repurchased 25394 , 7526 and 40 shares during october , november and december of 2008 in connection with various employee compensation plans of the bancorp .\nthese purchases are not included against the maximum number of shares that may yet be purchased under the board of directors authorization. .\n\nQuestion: what percentage of the fourth quarter share repurchases were in the last moth of the year in 2008?",
        "solution": "0.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2010/page_135.pdf\n\nID: RSG/2010/page_135.pdf-2\n\nPrevious Text:\n2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the acquisition .\nawards may be granted under the 2006 plan , as amended and restated , after december 5 , 2008 only to employees and consultants of allied waste industries , inc .\nand its subsidiaries who were not employed by republic services , inc .\nprior to such date .\nat december 31 , 2010 , there were approximately 15.3 million shares of common stock reserved for future grants under the 2006 plan .\nstock options we use a binomial option-pricing model to value our stock option grants .\nwe recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier .\nexpected volatility is based on the weighted average of the most recent one-year volatility and a historical rolling average volatility of our stock over the expected life of the option .\nthe risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option .\nwe use historical data to estimate future option exercises , forfeitures and expected life of the options .\nwhen appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes .\nthe weighted-average estimated fair values of stock options granted during the years ended december 31 , 2010 , 2009 and 2008 were $ 5.28 , $ 3.79 and $ 4.36 per option , respectively , which were calculated using the following weighted-average assumptions: .\n\nTable Data:\n[['', '2010', '2009', '2008'], ['expected volatility', '28.6% ( 28.6 % )', '28.7% ( 28.7 % )', '27.3% ( 27.3 % )'], ['risk-free interest rate', '2.4% ( 2.4 % )', '1.4% ( 1.4 % )', '1.7% ( 1.7 % )'], ['dividend yield', '2.9% ( 2.9 % )', '3.1% ( 3.1 % )', '2.9% ( 2.9 % )'], ['expected life ( in years )', '4.3', '4.2', '4.2'], ['contractual life ( in years )', '7', '7', '7'], ['expected forfeiture rate', '3.0% ( 3.0 % )', '3.0% ( 3.0 % )', '3.0% ( 3.0 % )']]\n\nFollowing Text:\nrepublic services , inc .\nnotes to consolidated financial statements , continued .\n\nQuestion: what was the percentage growth in the weighted-average estimated fair values of stock options granted from 2009 to 2010",
        "solution": "39.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2015/page_28.pdf\n\nID: ORLY/2015/page_28.pdf-2\n\nPrevious Text:\nstock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2010 , and the reinvestment of dividends thereafter , if any , in the company's common stock versus the standard and poor's s&p 500 retail index ( \"s&p 500 retail index\" ) and the standard and poor's s&p 500 index ( \"s&p 500\" ) . .\n\nTable Data:\n[['company/index', 'december 31 , 2010', 'december 31 , 2011', 'december 31 , 2012', 'december 31 , 2013', 'december 31 , 2014', 'december 31 , 2015'], [\"o'reilly automotive inc .\", '$ 100', '$ 132', '$ 148', '$ 213', '$ 319', '$ 419'], ['s&p 500 retail index', '100', '103', '128', '185', '203', '252'], ['s&p 500', '$ 100', '$ 100', '$ 113', '$ 147', '$ 164', '$ 163']]\n\nFollowing Text:\n.\n\nQuestion: what is the roi of an investment in the s&p500 from 2010 to 2011?",
        "solution": "0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2013/page_45.pdf\n\nID: DISCA/2013/page_45.pdf-2\n\nPrevious Text:\nour international networks segment owns and operates the following television networks , which reached the following number of subscribers via pay television services as of december 31 , 2013 : global networks international subscribers ( millions ) regional networks international subscribers ( millions ) .\n\nTable Data:\n[['global networks discovery channel', 'internationalsubscribers ( millions ) 271', 'regional networks discovery kids', 'internationalsubscribers ( millions ) 76'], ['animal planet', '200', 'sbs nordic ( a )', '28'], ['tlc real time and travel & living', '162', 'dmax ( b )', '16'], ['discovery science', '81', 'discovery history', '14'], ['investigation discovery', '74', 'shed', '12'], ['discovery home & health', '64', 'discovery en espanol ( u.s. )', '5'], ['turbo', '52', 'discovery familia ( u.s. )', '4'], ['discovery world', '23', 'gxt', '4']]\n\nFollowing Text:\n( a ) number of subscribers corresponds to the collective sum of the total number of subscribers to each of the sbs nordic broadcast networks in sweden , norway , and denmark subject to retransmission agreements with pay television providers .\n( b ) number of subscribers corresponds to dmax pay television networks in the u.k. , austria , switzerland and ireland .\nour international networks segment also owns and operates free-to-air television networks which reached 285 million cumulative viewers in europe and the middle east as of december 31 , 2013 .\nour free-to-air networks include dmax , fatafeat , quest , real time , giallo , frisbee , focus and k2 .\nsimilar to u.s .\nnetworks , the primary sources of revenue for international networks are fees charged to operators who distribute our networks , which primarily include cable and dth satellite service providers , and advertising sold on our television networks .\ninternational television markets vary in their stages of development .\nsome markets , such as the u.k. , are more advanced digital television markets , while others remain in the analog environment with varying degrees of investment from operators to expand channel capacity or convert to digital technologies .\ncommon practice in some markets results in long-term contractual distribution relationships , while customers in other markets renew contracts annually .\ndistribution revenue for our international networks segment is largely dependent on the number of subscribers that receive our networks or content , the rates negotiated in the agreements , and the market demand for the content that we provide .\nadvertising revenue is dependent upon a number of factors including the development of pay and free-to-air television markets , the number of subscribers to and viewers of our channels , viewership demographics , the popularity of our programming , and our ability to sell commercial time over a group of channels .\nin certain markets , our advertising sales business operates with in-house sales teams , while we rely on external sales representation services in other markets .\nin developing television markets , we expect that advertising revenue growth will result from continued subscriber and viewership growth , our localization strategy , and the shift of advertising spending from traditional analog networks to channels in the multi-channel environment .\nin relatively mature markets , such as western europe , growth in advertising revenue will come from increasing viewership and pricing of advertising on our existing television networks and the launching of new services , both organic and through acquisitions .\nduring 2013 , distribution , advertising and other revenues were 50% ( 50 % ) , 47% ( 47 % ) and 3% ( 3 % ) , respectively , of total net revenues for this segment .\non january 21 , 2014 , we entered into an agreement with tf1 to acquire a controlling interest in eurosport international ( \"eurosport\" ) , a leading pan-european sports media platform , by increasing our ownership stake from 20% ( 20 % ) to 51% ( 51 % ) for cash of approximately 20ac253 million ( $ 343 million ) subject to working capital adjustments .\ndue to regulatory constraints the acquisition initially excludes eurosport france , a subsidiary of eurosport .\nwe will retain a 20% ( 20 % ) equity interest in eurosport france and a commitment to acquire another 31% ( 31 % ) ownership interest beginning 2015 , contingent upon resolution of all regulatory matters .\nthe flagship eurosport network focuses on regionally popular sports such as tennis , skiing , cycling and motor sports and reaches 133 million homes across 54 countries in 20 languages .\neurosport 2019s brands and platforms also include eurosport hd ( high definition simulcast ) , eurosport 2 , eurosport 2 hd ( high definition simulcast ) , eurosport asia-pacific , and eurosportnews .\nthe acquisition is intended to increase the growth of eurosport and enhance our pay television offerings in europe .\ntf1 will have the right to put the entirety of its remaining 49% ( 49 % ) non-controlling interest to us for approximately two and a half years after completion of this acquisition .\nthe put has a floor value equal to the fair value at the acquisition date if exercised in the 90 day period beginning on july 1 , 2015 and is subsequently priced at fair value if exercised in the 90 day period beginning on july 1 , 2016 .\nwe expect the acquisition to close in the second quarter of 2014 subject to obtaining necessary regulatory approvals. .\n\nQuestion: what was the difference in millions of international subscribers between discovery channel and discovery science?",
        "solution": "190"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2017/page_145.pdf\n\nID: RE/2017/page_145.pdf-2\n\nPrevious Text:\non november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro to provide the company with catastrophe reinsurance coverage .\nthis agreement is a multi-year reinsurance contract which covers specified earthquake events .\nthe agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada .\non december 1 , 2015 the company entered into two collateralized reinsurance agreements with kilimanjaro re to provide the company with catastrophe reinsurance coverage .\nthese agreements are multi-year reinsurance contracts which cover named storm and earthquake events .\nthe first agreement provides up to $ 300000 thousand of reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\nthe second agreement provides up to $ 325000 thousand of reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\non april 13 , 2017 the company entered into six collateralized reinsurance agreements with kilimanjaro to provide the company with annual aggregate catastrophe reinsurance coverage .\nthe initial three agreements are four year reinsurance contracts which cover named storm and earthquake events .\nthese agreements provide up to $ 225000 thousand , $ 400000 thousand and $ 325000 thousand , respectively , of annual aggregate reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\nthe subsequent three agreements are five year reinsurance contracts which cover named storm and earthquake events .\nthese agreements provide up to $ 50000 thousand , $ 75000 thousand and $ 175000 thousand , respectively , of annual aggregate reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\nrecoveries under these collateralized reinsurance agreements with kilimanjaro are primarily dependent on estimated industry level insured losses from covered events , as well as , the geographic location of the events .\nthe estimated industry level of insured losses is obtained from published estimates by an independent recognized authority on insured property losses .\nas of december 31 , 2017 , none of the published insured loss estimates for the 2017 catastrophe events have exceeded the single event retentions under the terms of the agreements that would result in a recovery .\nin addition , the aggregation of the to-date published insured loss estimates for the 2017 covered events have not exceeded the aggregated retentions for recovery .\nhowever , if the published estimates for insured losses for the covered 2017 events increase , the aggregate losses may exceed the aggregate event retentions under the agreements , resulting in a recovery .\nkilimanjaro has financed the various property catastrophe reinsurance coverages by issuing catastrophe bonds to unrelated , external investors .\non april 24 , 2014 , kilimanjaro issued $ 450000 thousand of notes ( 201cseries 2014-1 notes 201d ) .\non november 18 , 2014 , kilimanjaro issued $ 500000 thousand of notes ( 201cseries 2014-2 notes 201d ) .\non december 1 , 2015 , kilimanjaro issued $ 625000 thousand of notes ( 201cseries 2015-1 notes ) .\non april 13 , 2017 , kilimanjaro issued $ 950000 thousand of notes ( 201cseries 2017-1 notes ) and $ 300000 thousand of notes ( 201cseries 2017-2 notes ) .\nthe proceeds from the issuance of the notes listed above 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 .\n9 .\noperating lease agreements the future minimum rental commitments , exclusive of cost escalation clauses , at december 31 , 2017 , for all of the company 2019s operating leases with remaining non-cancelable terms in excess of one year are as follows : ( dollars in thousands ) .\n\nTable Data:\n[['2018', '$ 16990'], ['2019', '17964'], ['2020', '17115'], ['2021', '8035'], ['2022', '7669'], ['thereafter', '24668'], ['net commitments', '$ 92440'], ['( some amounts may not reconcile due to rounding. )', '']]\n\nFollowing Text:\n.\n\nQuestion: what is the percent of the company 2019s operating leases that would be due after 2022 as part of the net commitments",
        "solution": "26.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2009/page_200.pdf\n\nID: C/2009/page_200.pdf-1\n\nPrevious Text:\ncgmhi also has substantial borrowing arrangements consisting of facilities that cgmhi has been advised are available , but where no contractual lending obligation exists .\nthese arrangements are reviewed on an ongoing basis to ensure flexibility in meeting cgmhi 2019s short-term requirements .\nthe company issues both fixed and variable rate debt in a range of currencies .\nit uses derivative contracts , primarily interest rate swaps , to effectively convert a portion of its fixed rate debt to variable rate debt and variable rate debt to fixed rate debt .\nthe maturity structure of the derivatives generally corresponds to the maturity structure of the debt being hedged .\nin addition , the company uses other derivative contracts to manage the foreign exchange impact of certain debt issuances .\nat december 31 , 2009 , the company 2019s overall weighted average interest rate for long-term debt was 3.51% ( 3.51 % ) on a contractual basis and 3.91% ( 3.91 % ) including the effects of derivative contracts .\naggregate annual maturities of long-term debt obligations ( based on final maturity dates ) including trust preferred securities are as follows: .\n\nTable Data:\n[['in millions of dollars', '2010', '2011', '2012', '2013', '2014', 'thereafter'], ['citigroup parent company', '$ 18030', '$ 20435', '$ 29706', '$ 17775', '$ 18916', '$ 92942'], ['other citigroup subsidiaries', '18710', '29316', '17214', '5177', '12202', '14675'], ['citigroup global markets holdings inc .', '1315', '1030', '1686', '388', '522', '8481'], ['citigroup funding inc .', '9107', '8875', '20738', '4792', '3255', '8732'], ['total', '$ 47162', '$ 59656', '$ 69344', '$ 28132', '$ 34895', '$ 124830']]\n\nFollowing Text:\nlong-term debt at december 31 , 2009 and december 31 , 2008 includes $ 19345 million and $ 24060 million , respectively , of junior subordinated debt .\nthe company formed statutory business trusts under the laws of the state of delaware .\nthe trusts exist for the exclusive purposes of ( i ) issuing trust securities representing undivided beneficial interests in the assets of the trust ; ( ii ) investing the gross proceeds of the trust securities in junior subordinated deferrable interest debentures ( subordinated debentures ) of its parent ; and ( iii ) engaging in only those activities necessary or incidental thereto .\nupon approval from the federal reserve , citigroup has the right to redeem these securities .\ncitigroup has contractually agreed not to redeem or purchase ( i ) the 6.50% ( 6.50 % ) enhanced trust preferred securities of citigroup capital xv before september 15 , 2056 , ( ii ) the 6.45% ( 6.45 % ) enhanced trust preferred securities of citigroup capital xvi before december 31 , 2046 , ( iii ) the 6.35% ( 6.35 % ) enhanced trust preferred securities of citigroup capital xvii before march 15 , 2057 , ( iv ) the 6.829% ( 6.829 % ) fixed rate/floating rate enhanced trust preferred securities of citigroup capital xviii before june 28 , 2047 , ( v ) the 7.250% ( 7.250 % ) enhanced trust preferred securities of citigroup capital xix before august 15 , 2047 , ( vi ) the 7.875% ( 7.875 % ) enhanced trust preferred securities of citigroup capital xx before december 15 , 2067 , and ( vii ) the 8.300% ( 8.300 % ) fixed rate/floating rate enhanced trust preferred securities of citigroup capital xxi before december 21 , 2067 , unless certain conditions , described in exhibit 4.03 to citigroup 2019s current report on form 8-k filed on september 18 , 2006 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on november 28 , 2006 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on march 8 , 2007 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on july 2 , 2007 , in exhibit 4.02 to citigroup 2019s current report on form 8-k filed on august 17 , 2007 , in exhibit 4.2 to citigroup 2019s current report on form 8-k filed on november 27 , 2007 , and in exhibit 4.2 to citigroup 2019s current report on form 8-k filed on december 21 , 2007 , respectively , are met .\nthese agreements are for the benefit of the holders of citigroup 2019s 6.00% ( 6.00 % ) junior subordinated deferrable interest debentures due 2034 .\ncitigroup owns all of the voting securities of these subsidiary trusts .\nthese subsidiary trusts have no assets , operations , revenues or cash flows other than those related to the issuance , administration , and repayment of the subsidiary trusts and the subsidiary trusts 2019 common securities .\nthese subsidiary trusts 2019 obligations are fully and unconditionally guaranteed by citigroup. .\n\nQuestion: what is the total of aggregate annual maturities of long-term debt obligations for citigroup parent company in millions?",
        "solution": "197804"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_56.pdf\n\nID: SNA/2013/page_56.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) liquidity and capital resources snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .\nsnap-on believes that its cash from operations and collections of finance receivables , coupled with its sources of borrowings and available cash on hand , are sufficient to fund its currently anticipated requirements for scheduled debt payments ( including the march 2014 repayment of $ 100.0 million of 5.85% ( 5.85 % ) unsecured notes upon maturity ) , payments of interest and dividends , new receivables originated by our financial services businesses , capital expenditures , working capital , restructuring activities , the funding of pension plans , and funding for additional share repurchases and acquisitions , if any .\ndue to snap-on 2019s credit rating over the years , external funds have been available at an acceptable cost .\nas of the close of business on february 7 , 2014 , snap-on 2019s long-term debt and commercial paper were rated , respectively , a3 and p-2 by moody 2019s investors service ; a- and a-2 by standard & poor 2019s ; and a- and f2 by fitch ratings .\nsnap-on believes that its current credit arrangements are sound and that the strength of its balance sheet affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .\nhowever , snap-on cannot provide any assurances of the availability of future financing or the terms on which it might be available , or that its debt ratings may not decrease .\nthe following discussion focuses on information included in the accompanying consolidated balance sheets .\nas of 2013 year end , working capital ( current assets less current liabilities ) of $ 1080.8 million increased $ 1.0 million from $ 1079.8 million as of 2012 year end .\nthe following represents the company 2019s working capital position as of 2013 and 2012 year end : ( amounts in millions ) 2013 2012 .\n\nTable Data:\n[['( amounts in millions )', '2013', '2012'], ['cash and cash equivalents', '$ 217.6', '$ 214.5'], ['trade and other accounts receivable 2013 net', '531.6', '497.9'], ['finance receivables 2013 net', '374.6', '323.1'], ['contract receivables 2013 net', '68.4', '62.7'], ['inventories 2013 net', '434.4', '404.2'], ['other current assets', '169.6', '166.6'], ['total current assets', '1796.2', '1669.0'], ['notes payable and current maturities of long-term debt', '-113.1 ( 113.1 )', '-5.2 ( 5.2 )'], ['accounts payable', '-155.6 ( 155.6 )', '-142.5 ( 142.5 )'], ['other current liabilities', '-446.7 ( 446.7 )', '-441.5 ( 441.5 )'], ['total current liabilities', '-715.4 ( 715.4 )', '-589.2 ( 589.2 )'], ['working capital', '$ 1080.8', '$ 1079.8']]\n\nFollowing Text:\ncash and cash equivalents of $ 217.6 million as of 2013 year end compared to cash and cash equivalents of $ 214.5 million at 2012 year end .\nthe $ 3.1 million net increase in cash and cash equivalents includes the impacts of ( i ) $ 508.8 million of cash from collections of finance receivables ; ( ii ) $ 392.6 million of cash generated from operations , net of $ 24.3 million of discretionary cash contributions to the company 2019s pension plans ; ( iii ) $ 29.2 million of cash proceeds from stock purchase and option plan exercises ; and ( iv ) $ 8.4 million of cash proceeds from the sale of property and equipment .\nthese increases in cash and cash equivalents were largely offset by ( i ) the funding of $ 651.3 million of new finance receivables ; ( ii ) dividend payments to shareholders of $ 92.0 million ; ( iii ) the repurchase of 926000 shares of the company 2019s common stock for $ 82.6 million ; ( iv ) the funding of $ 70.6 million of capital expenditures ; and ( v ) the may 2013 acquisition of challenger for a cash purchase price of $ 38.2 million .\nof the $ 217.6 million of cash and cash equivalents as of 2013 year end , $ 124.3 million was held outside of the united states .\nsnap-on considers these non-u.s .\nfunds as permanently invested in its foreign operations to ( i ) provide adequate working capital ; ( ii ) satisfy various regulatory requirements ; and/or ( iii ) take advantage of business expansion opportunities as they arise ; as such , the company does not presently expect to repatriate these funds to fund its u.s .\noperations or obligations .\nthe repatriation of cash from certain foreign subsidiaries could have adverse net tax consequences on the company should snap-on be required to pay and record u.s .\nincome taxes and foreign withholding taxes on funds that were previously considered permanently invested .\nalternatively , the repatriation of such cash from certain other foreign subsidiaries could result in favorable net tax consequences for the company .\nsnap-on periodically evaluates opportunities to repatriate certain foreign cash amounts to the extent that it does not incur additional unfavorable net tax consequences .\n46 snap-on incorporated .\n\nQuestion: what is the percentage change in the balance of inventories from 2012 to 2013?",
        "solution": "7.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2009/page_132.pdf\n\nID: MRO/2009/page_132.pdf-2\n\nPrevious Text:\nmarathon oil corporation notes to consolidated financial statements assumed health care cost trend rates have a significant effect on the amounts reported for defined benefit retiree health care plans .\na one-percentage-point change in assumed health care cost trend rates would have the following effects : ( in millions ) 1-percentage- point increase 1-percentage- point decrease .\n\nTable Data:\n[['( in millions )', '1-percentage-point increase', '1-percentage-point decrease'], ['effect on total of service and interest cost components', '$ 9', '$ 7'], ['effect on other postretirement benefit obligations', '88', '72']]\n\nFollowing Text:\nplan investment policies and strategies the investment policies for our u.s .\nand international pension plan assets reflect the funded status of the plans and expectations regarding our future ability to make further contributions .\nlong-term investment goals are to : ( 1 ) manage the assets in accordance with the legal requirements of all applicable laws ; ( 2 ) produce investment returns which meet or exceed the rates of return achievable in the capital markets while maintaining the risk parameters set by the plans 2019 investment committees and protecting the assets from any erosion of purchasing power ; and ( 3 ) position the portfolios with a long-term risk/return orientation .\nu.s .\nplans 2013 historical performance and future expectations suggest that common stocks will provide higher total investment returns than fixed income securities over a long-term investment horizon .\nshort-term investments only reflect the liquidity requirements for making pension payments .\nas such , the plans 2019 targeted asset allocation is comprised of 75 percent equity securities and 25 percent fixed income securities .\nin the second quarter of 2009 , we exchanged the majority of our publicly-traded stocks and bonds for interests in pooled equity and fixed income investment funds from our outside manager , representing 58 percent and 20 percent of u.s .\nplan assets , respectively , as of december 31 , 2009 .\nthese funds are managed with the same style and strategy as when the securities were held separately .\neach fund 2019s main objective is to provide investors with exposure to either a publicly-traded equity or fixed income portfolio comprised of both u.s .\nand non-u.s .\nsecurities .\nthe equity fund holdings primarily consist of publicly-traded individually-held securities in various sectors of many industries .\nthe fixed income fund holdings primarily consist of publicly-traded investment-grade bonds .\nthe plans 2019 assets are managed by a third-party investment manager .\nthe investment manager has limited discretion to move away from the target allocations based upon the manager 2019s judgment as to current confidence or concern regarding the capital markets .\ninvestments are diversified by industry and type , limited by grade and maturity .\nthe plans 2019 investment policy prohibits investments in any securities in the steel industry and allows derivatives subject to strict guidelines , such that derivatives may only be written against equity securities in the portfolio .\ninvestment performance and risk is measured and monitored on an ongoing basis through quarterly investment meetings and periodic asset and liability studies .\ninternational plans 2013 our international plans 2019 target asset allocation is comprised of 70 percent equity securities and 30 percent fixed income securities .\nthe plan assets are invested in six separate portfolios , mainly pooled fund vehicles , managed by several professional investment managers .\ninvestments are diversified by industry and type , limited by grade and maturity .\nthe use of derivatives by the investment managers is permitted , subject to strict guidelines .\nthe investment managers 2019 performance is measured independently by a third-party asset servicing consulting firm .\noverall , investment performance and risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews and periodic asset and liability studies .\nfair value measurements plan assets are measured at fair value .\nthe definition and approaches to measuring fair value and the three levels of the fair value hierarchy are described in note 16 .\nthe following provides a description of the valuation techniques employed for each major plan asset category at december 31 , 2009 and 2008 .\ncash and cash equivalents 2013 cash and cash equivalents include cash on deposit and an investment in a money market mutual fund that invests mainly in short-term instruments and cash , both of which are valued using a .\n\nQuestion: what would the effect on other postretirement benefit obligations be if there was a 2-percent point decrease?",
        "solution": "144"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_89.pdf\n\nID: LMT/2013/page_89.pdf-2\n\nPrevious Text:\nnote 12 2013 stock-based compensation during 2013 , 2012 , and 2011 , we recorded non-cash stock-based compensation expense totaling $ 189 million , $ 167 million , and $ 157 million , which is included as a component of other unallocated costs on our statements of earnings .\nthe net impact to earnings for the respective years was $ 122 million , $ 108 million , and $ 101 million .\nas of december 31 , 2013 , we had $ 132 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.5 years .\nwe received cash from the exercise of stock options totaling $ 827 million , $ 440 million , and $ 116 million during 2013 , 2012 , and 2011 .\nin addition , our income tax liabilities for 2013 , 2012 , and 2011 were reduced by $ 158 million , $ 96 million , and $ 56 million due to recognized tax benefits on stock-based compensation arrangements .\nstock-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 .\nthe 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 .\nno 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 .\nthe minimum vesting period for restricted stock or stock units payable in stock is three years .\naward 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 .\nthe maximum term of a stock option or any other award is 10 years .\nat december 31 , 2013 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 20.4 million shares reserved for issuance under the plans .\nat december 31 , 2013 , 4.7 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .\nwe issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .\nthe following table summarizes activity related to nonvested rsus during 2013 : number of rsus ( in thousands ) weighted average grant-date fair value per share .\n\nTable Data:\n[['', 'number of rsus ( in thousands )', 'weighted average grant-date fair value pershare'], ['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']]\n\nFollowing Text:\nrsus are valued based on the fair value of our common stock on the date of grant .\nemployees 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 .\nemployees who are granted rsus receive dividend-equivalent cash payments only upon vesting .\nfor 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 .\nwe 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 .\nstock options we generally recognize compensation cost for stock options ratably over the three-year vesting period .\nat december 31 , 2013 and 2012 , there were 10.2 million ( weighted average exercise price of $ 83.65 ) and 20.6 million ( weighted average exercise price of $ 83.15 ) stock options outstanding .\nstock options outstanding at december 31 , 2013 have a weighted average remaining contractual life of approximately five years and an aggregate intrinsic value of $ 663 million , and we expect nearly all of these stock options to vest .\nof the stock options outstanding , 7.7 million ( weighted average exercise price of $ 84.37 ) have vested as of december 31 , 2013 and those stock options have a weighted average remaining contractual life of approximately four years and an aggregate intrinsic value of $ 497 million .\nthere were 10.1 million ( weighted average exercise price of $ 82.72 ) stock options exercised during 2013 .\nwe did not grant stock options to employees during 2013. .\n\nQuestion: in 2013 what was the percentage change in the nonvested rsus",
        "solution": "-20%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2013/page_89.pdf\n\nID: ADBE/2013/page_89.pdf-4\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) in the first quarter of fiscal 2013 , the executive compensation committee certified the actual performance achievement of participants in the 2012 performance share program ( the 201c2012 program 201d ) .\nbased upon the achievement of specific and/or market- based performance goals outlined in the 2012 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted .\nactual performance resulted in participants achieving 116% ( 116 % ) of target or approximately 1.3 million shares for the 2012 program .\none third of the shares under the 2012 program vested in the first quarter of fiscal 2013 and the remaining two thirds vest evenly on the following two anniversaries of the grant , contingent upon the recipient's continued service to adobe .\nin the first quarter of fiscal 2012 , the executive compensation committee certified the actual performance achievement of participants in the 2011 performance share program ( the 201c2011 program 201d ) .\nbased upon the achievement of goals outlined in the 2011 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted .\nactual performance resulted in participants achieving 130% ( 130 % ) of target or approximately 0.5 million shares for the 2011 program .\none third of the shares under the 2011 program vested in the first quarter of fiscal 2012 and the remaining two thirds vest evenly on the following two annual anniversary dates of the grant , contingent upon the recipient's continued service to adobe .\nin the first quarter of fiscal 2011 , the executive compensation committee certified the actual performance achievement of participants in the 2010 performance share program ( the 201c2010 program 201d ) .\nbased upon the achievement of goals outlined in the 2010 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted .\nactual performance resulted in participants achieving 135% ( 135 % ) of target or approximately 0.3 million shares for the 2010 program .\none third of the shares under the 2011 program vested in the first quarter of fiscal 2012 and the remaining two thirds vest evenly on the following two annual anniversary dates of the grant , contingent upon the recipient's continued service to adobe .\nthe following table sets forth the summary of performance share activity under our 2010 , 2011 and 2012 programs , based upon share awards actually achieved , for the fiscal years ended november 29 , 2013 , november 30 , 2012 and december 2 , 2011 ( in thousands ) : .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['beginning outstanding balance', '388', '405', '557'], ['achieved', '1279', '492', '337'], ['released', '-665 ( 665 )', '-464 ( 464 )', '-436 ( 436 )'], ['forfeited', '-141 ( 141 )', '-45 ( 45 )', '-53 ( 53 )'], ['ending outstanding balance', '861', '388', '405']]\n\nFollowing Text:\nthe total fair value of performance awards vested during fiscal 2013 , 2012 and 2011 was $ 25.4 million , $ 14.4 million and $ 14.8 million , respectively. .\n\nQuestion: what is the net increase in the balance of outstanding shares during 2013?",
        "solution": "473"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2014/page_84.pdf\n\nID: PNC/2014/page_84.pdf-2\n\nPrevious Text:\nthe discount rate used to measure pension obligations is determined by comparing the expected future benefits that will be paid under the plan with yields available on high quality corporate bonds of similar duration .\nthe impact on pension expense of a .5% ( .5 % ) decrease in discount rate in the current environment is an increase of $ 18 million per year .\nthis sensitivity depends on the economic environment and amount of unrecognized actuarial gains or losses on the measurement date .\nthe expected long-term return on assets assumption also has a significant effect on pension expense .\nthe expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plan and the asset allocation policy currently in place .\nfor purposes of setting and reviewing this assumption , 201clong term 201d refers to the period over which the plan 2019s projected benefit obligations will be disbursed .\nwe review this assumption at each measurement date and adjust it if warranted .\nour selection process references certain historical data and the current environment , but primarily utilizes qualitative judgment regarding future return expectations .\nto evaluate the continued reasonableness of our assumption , we examine a variety of viewpoints and data .\nvarious studies have shown that portfolios comprised primarily of u.s .\nequity securities have historically returned approximately 9% ( 9 % ) annually over long periods of time , while u.s .\ndebt securities have returned approximately 6% ( 6 % ) annually over long periods .\napplication of these historical returns to the plan 2019s allocation ranges for equities and bonds produces a result between 6.50% ( 6.50 % ) and 7.25% ( 7.25 % ) and is one point of reference , among many other factors , that is taken into consideration .\nwe also examine the plan 2019s actual historical returns over various periods and consider the current economic environment .\nrecent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns .\nwhile annual returns can vary significantly ( actual returns for 2014 , 2013 and 2012 were +6.50% ( +6.50 % ) , +15.48% ( +15.48 % ) , and +15.29% ( +15.29 % ) , respectively ) , the selected assumption represents our estimated long-term average prospective returns .\nacknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from others .\nin all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date .\ntaking into consideration all of these factors , the expected long-term return on plan assets for determining net periodic pension cost for 2014 was 7.00% ( 7.00 % ) , down from 7.50% ( 7.50 % ) for 2013 .\nafter considering the views of both internal and external capital market advisors , particularly with regard to the effects of the recent economic environment on long-term prospective fixed income returns , we are reducing our expected long-term return on assets to 6.75% ( 6.75 % ) for determining pension cost for under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods .\neach one percentage point difference in actual return compared with our expected return can cause expense in subsequent years to increase or decrease by up to $ 9 million as the impact is amortized into results of operations .\nwe currently estimate pretax pension expense of $ 9 million in 2015 compared with pretax income of $ 7 million in 2014 .\nthis year-over-year expected increase in expense reflects the effects of the lower expected return on asset assumption , improved mortality , and the lower discount rate required to be used in 2015 .\nthese factors will be partially offset by the favorable impact of the increase in plan assets at december 31 , 2014 and the assumed return on a $ 200 million voluntary contribution to the plan made in february 2015 .\nthe table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2015 estimated expense as a baseline .\ntable 26 : pension expense 2013 sensitivity analysis change in assumption ( a ) estimated increase/ ( decrease ) to 2015 pension expense ( in millions ) .\n\nTable Data:\n[['change in assumption ( a )', 'estimatedincrease/ ( decrease ) to 2015pensionexpense ( in millions )'], ['.5% ( .5 % ) decrease in discount rate', '$ 18'], ['.5% ( .5 % ) decrease in expected long-term return on assets', '$ 22'], ['.5% ( .5 % ) increase in compensation rate', '$ 2']]\n\nFollowing Text:\n( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant .\nour pension plan contribution requirements are not particularly sensitive to actuarial assumptions .\ninvestment performance has the most impact on contribution requirements and will drive the amount of required contributions in future years .\nalso , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan .\nnotwithstanding the voluntary contribution made in february 2015 noted above , we do not expect to be required to make any contributions to the plan during 2015 .\nwe maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees , which are described more fully in note 13 employee benefit plans in the notes to consolidated financial statements in item 8 of this report .\n66 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: for pension expense , does a .5% ( .5 % ) decrease in discount rate have a greater impact than a .5% ( .5 % ) decrease in expected long-term return on assets?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JKHY/2011/page_34.pdf\n\nID: JKHY/2011/page_34.pdf-3\n\nPrevious Text:\ncontractual obligations by less than more than period as of june 30 , 2011 1 year 1-3 years 3-5 years 5 years total .\n\nTable Data:\n[['contractual obligations byperiod as of june 30 2011', 'less than1 year', '1-3 years', '3-5 years', 'more than5 years', 'total'], ['operating lease obligations', '$ 7185', '$ 10511', '$ 7004', '$ 1487', '$ 26187'], ['capital lease obligations', '3016', '-', '-', '-', '3016'], ['notes payable includingaccrued interest', '23087', '45431', '82508', '-', '151026'], ['purchase obligations', '10700', '-', '-', '-', '10700'], ['total', '$ 43988', '$ 55942', '$ 89512', '$ 1487', '$ 190929']]\n\nFollowing Text:\nrecent accounting pronouncements in october 2009 , the fasb issued accounting standards update ( 201casu 201d ) no .\n2009-13 , multiple-deliverable revenue arrangements , which is effective for arrangements beginning or changed during fiscal years starting after june 15 , 2010 .\nthis new standard eliminates the use of the residual method of revenue recognition and requires the allocation of consideration to each deliverable using the relative selling price method .\nthis new guidance did not have a material impact on revenue recognition because nearly all of the company 2019s revenue arrangements are subject to accounting standards codification ( 201casc 201d ) topic 985 .\nsuch arrangements are considered out of scope for this asu .\nin october 2009 , the fasb also issued asu no .\n2009-14 , software : certain revenue arrangements that include software elements , which is also effective for arrangements beginning or changed during fiscal years starting after june 15 , 2010 .\nthis revision to software ( topic 985 ) drops from its scope all tangible products containing both software and non-software components that operate together to deliver the product 2019s functions .\nthe majority of the company 2019s software arrangements are not tangible products with software components ; therefore , this update did not materially impact the company .\nthe fasb issued asu no .\n2011-04 , fair value measurement in may 2011 , which is effective for the company beginning july 1 , 2012 and is to be applied prospectively .\nthe updated explanatory guidance on measuring fair value will be adopted by the company at that time and is not expected to have a significant impact on our fair value calculations .\nno additional fair value measurements are required as a result of the update .\nthe fasb also issued asu no .\n2011-05 , comprehensive income in june 2011 , which is effective for the company beginning january 1 , 2012 and will be applied retrospectively .\nthe updated guidance requires non-owner changes in stockholders 2019 equity to be reported either in a single continuous statement of comprehensive income or in two separate but consecutive statements , rather than as part of the statement of changes in stockholders 2019 equity .\nno changes in disclosure will be required as a result of the update .\ncritical accounting policies we prepare our consolidated financial statements in accordance with accounting principles generally accepted in the united states ( 201cu.s .\ngaap 201d ) .\nthe significant accounting policies are discussed in note 1 to the consolidated financial statements .\nthe preparation of consolidated financial statements in accordance with u.s .\ngaap requires us to make estimates and judgments that affect the reported amounts of assets , liabilities , revenue and expenses , as well as disclosure of contingent assets and liabilities .\nwe base our estimates and judgments upon historical experience and other factors believed to be reasonable under the circumstances .\nchanges in estimates or assumptions could result in a material adjustment to the consolidated financial statements .\nwe have identified several critical accounting estimates .\nan accounting estimate is considered critical if both : ( a ) the nature of the estimates or assumptions is material due to the levels of subjectivity and judgment involved , and ( b ) the impact of changes in the estimates and assumptions would have a material effect on the consolidated financial statements. .\n\nQuestion: what was the percent of the total operating lease obligations that was due in less than 1 year",
        "solution": "27.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APD/2014/page_71.pdf\n\nID: APD/2014/page_71.pdf-2\n\nPrevious Text:\n3 .\ndiscontinued operations during the second quarter of 2012 , the board of directors authorized the sale of our homecare business , which had previously been reported as part of the merchant gases operating segment .\nthis business has been accounted for as a discontinued operation .\nin the third quarter of 2012 , we sold the majority of our homecare business to the linde group for sale proceeds of 20ac590 million ( $ 777 ) and recognized a gain of $ 207.4 ( $ 150.3 after-tax , or $ .70 per share ) .\nthe sale proceeds included 20ac110 million ( $ 144 ) that was contingent on the outcome of certain retender arrangements .\nthese proceeds were reflected in payables and accrued liabilities on our consolidated balance sheet as of 30 september 2013 .\nbased on the outcome of the retenders , we were contractually required to return proceeds to the linde group .\nin the fourth quarter of 2014 , we made a payment to settle this liability and recognized a gain of $ 1.5 .\nduring the third quarter of 2012 , an impairment charge of $ 33.5 ( $ 29.5 after-tax , or $ .14 per share ) was recorded to write down the remaining business , which was primarily in the united kingdom and ireland , to its estimated net realizable value .\nin the fourth quarter of 2013 , an additional charge of $ 18.7 ( $ 13.6 after-tax , or $ .06 per share ) was recorded to update our estimate of the net realizable value .\nin the first quarter of 2014 , we sold the remaining portion of the homecare business for a36.1 million ( $ 9.8 ) and recorded a gain on sale of $ 2.4 .\nwe entered into an operations guarantee related to the obligations under certain homecare contracts assigned in connection with the transaction .\nrefer to note 16 , commitments and contingencies , for additional information .\nthe results of discontinued operations are summarized below: .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['sales', '$ 8.5', '$ 52.3', '$ 258.0'], ['income before taxes', '$ .7', '$ 3.8', '$ 68.1'], ['income tax provision', '2014', '.2', '20.8'], ['income from operations of discontinued operations', '.7', '3.6', '47.3'], ['gain ( loss ) on sale of business and impairment/write-down net of tax', '3.9', '-13.6 ( 13.6 )', '120.8'], ['income ( loss ) from discontinued operations net of tax', '$ 4.6', '$ -10.0 ( 10.0 )', '$ 168.1']]\n\nFollowing Text:\nthe assets and liabilities classified as discontinued operations for the homecare business at 30 september 2013 consisted of $ 2.5 in trade receivables , net , and $ 2.4 in payables and accrued liabilities .\nas of 30 september 2014 , no assets or liabilities were classified as discontinued operations. .\n\nQuestion: considering the year 2014 , what is the percentage of income from operations of discontinued operations concerning income from discontinued operations net of tax?",
        "solution": "15.21%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2017/page_75.pdf\n\nID: HWM/2017/page_75.pdf-2\n\nPrevious Text:\narconic and subsidiaries notes to the consolidated financial statements ( dollars in millions , except per-share amounts ) a .\nsummary of significant accounting policies basis of presentation .\nthe consolidated financial statements of arconic inc .\nand subsidiaries ( 201carconic 201d or the 201ccompany 201d ) are prepared in conformity with accounting principles generally accepted in the united states of america ( gaap ) and require management to make certain judgments , estimates , and assumptions .\nthese may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements .\nthey also may affect the reported amounts of revenues and expenses during the reporting period .\nactual results could differ from those estimates upon subsequent resolution of identified matters .\ncertain prior year amounts have been reclassified to conform to the current year presentation .\nthe separation of alcoa inc .\ninto two standalone , publicly-traded companies , arconic inc .\n( the new name for alcoa inc. ) and alcoa corporation , became effective on november 1 , 2016 ( the 201cseparation transaction 201d ) .\nthe financial results of alcoa corporation for all periods prior to the separation transaction have been retrospectively reflected in the statement of consolidated operations as discontinued operations and , as such , have been excluded from continuing operations and segment results for all periods presented prior to the separation transaction .\nthe cash flows and comprehensive income related to alcoa corporation have not been segregated and are included in the statement of consolidated cash flows and statement of consolidated comprehensive ( loss ) income , respectively , for all periods presented .\nsee note c for additional information related to the separation transaction and discontinued operations .\nprinciples of consolidation .\nthe consolidated financial statements include the accounts of arconic and companies in which arconic has a controlling interest .\nintercompany transactions have been eliminated .\ninvestments in affiliates in which arconic cannot exercise significant influence are accounted for on the cost method .\nmanagement also evaluates whether an arconic entity or interest is a variable interest entity and whether arconic is the primary beneficiary .\nconsolidation is required if both of these criteria are met .\narconic does not have any variable interest entities requiring consolidation .\nrelated party transactions .\narconic buys products from and provides services to alcoa corporation following the separation at negotiated prices between the parties .\nthese transactions were not material to the financial position or results of operations of arconic for all periods presented .\neffective may 2017 , upon disposition of the remaining common stock that arconic held in alcoa corporation , they are no longer deemed a related party .\ncash equivalents .\ncash equivalents are highly liquid investments purchased with an original maturity of three months or less .\ninventory valuation .\ninventories are carried at the lower of cost and net realizable value , with cost for approximately half of u.s .\ninventories determined under the last-in , first-out ( lifo ) method .\nthe cost of other inventories is determined under a combination of the first-in , first-out ( fifo ) and average-cost methods .\nproperties , plants , and equipment .\nproperties , plants , and equipment are recorded at cost .\ndepreciation is recorded principally on the straight-line method at rates based on the estimated useful lives of the assets .\nthe following table details the weighted-average useful lives of structures and machinery and equipment by reporting segment ( numbers in years ) : .\n\nTable Data:\n[['segment', 'structures', 'machinery and equipment'], ['engineered products and solutions', '29', '17'], ['global rolled products', '31', '21'], ['transportation and construction solutions', '27', '18']]\n\nFollowing Text:\ngains or losses from the sale of assets are generally recorded in other income , net ( see policy below for assets classified as held for sale and discontinued operations ) .\nrepairs and maintenance are charged to expense as incurred .\ninterest related to the construction of qualifying assets is capitalized as part of the construction costs .\nproperties , plants , and equipment are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets ( asset group ) may not be recoverable .\nrecoverability of assets is determined by comparing the estimated undiscounted net cash flows of the operations related to the assets ( asset group ) to their carrying amount .\nan impairment loss would be recognized when the carrying amount of the assets ( asset group ) exceeds the estimated undiscounted net cash flows .\nthe amount of the impairment loss to be recorded is calculated as the excess of the carrying value of the assets .\n\nQuestion: what is the variation between the useful lives of the structures and machinery and equipment by the global rolled products segment?",
        "solution": "10"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_145.pdf\n\nID: ETR/2011/page_145.pdf-3\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements sale and leaseback transactions waterford 3 lease obligations in 1989 , in three separate but substantially identical transactions , entergy louisiana sold and leased back undivided interests in waterford 3 for the aggregate sum of $ 353.6 million .\nthe interests represent approximately 9.3% ( 9.3 % ) of waterford 3 .\nthe leases expire in 2017 .\nunder certain circumstances , entergy louisiana may repurchase the leased interests prior to the end of the term of the leases .\nat the end of the lease terms , entergy louisiana has the option to repurchase the leased interests in waterford 3 at fair market value or to renew the leases for either fair market value or , under certain conditions , a fixed rate .\nentergy louisiana issued $ 208.2 million of non-interest bearing first mortgage bonds as collateral for the equity portion of certain amounts payable under the leases .\nupon the occurrence of certain events , entergy louisiana may be obligated to assume the outstanding bonds used to finance the purchase of the interests in the unit and to pay an amount sufficient to withdraw from the lease transaction .\nsuch events include lease events of default , events of loss , deemed loss events , or certain adverse 201cfinancial events . 201d 201cfinancial events 201d include , among other things , failure by entergy louisiana , following the expiration of any applicable grace or cure period , to maintain ( i ) total equity capital ( including preferred membership interests ) at least equal to 30% ( 30 % ) of adjusted capitalization , or ( ii ) a fixed charge coverage ratio of at least 1.50 computed on a rolling 12 month basis .\nas of december 31 , 2011 , entergy louisiana was in compliance with these provisions .\nas of december 31 , 2011 , entergy louisiana had future minimum lease payments ( reflecting an overall implicit rate of 7.45% ( 7.45 % ) ) in connection with the waterford 3 sale and leaseback transactions , which are recorded as long-term debt , as follows : amount ( in thousands ) .\n\nTable Data:\n[['', 'amount ( in thousands )'], ['2012', '$ 39067'], ['2013', '26301'], ['2014', '31036'], ['2015', '28827'], ['2016', '16938'], ['years thereafter', '106335'], ['total', '248504'], ['less : amount representing interest', '60249'], ['present value of net minimum lease payments', '$ 188255']]\n\nFollowing Text:\ngrand gulf lease obligations in 1988 , in two separate but substantially identical transactions , system energy sold and leased back undivided ownership interests in grand gulf for the aggregate sum of $ 500 million .\nthe interests represent approximately 11.5% ( 11.5 % ) of grand gulf .\nthe leases expire in 2015 .\nunder certain circumstances , system entergy may repurchase the leased interests prior to the end of the term of the leases .\nat the end of the lease terms , system energy has the option to repurchase the leased interests in grand gulf at fair market value or to renew the leases for either fair market value or , under certain conditions , a fixed rate .\nsystem energy is required to report the sale-leaseback as a financing transaction in its financial statements .\nfor financial reporting purposes , system energy expenses the interest portion of the lease obligation and the plant depreciation .\nhowever , operating revenues include the recovery of the lease payments because the transactions are accounted for as a sale and leaseback for ratemaking purposes .\nconsistent with a recommendation contained in a .\n\nQuestion: as of december 31 , 2011 , what was the percent of the entergy louisiana future minimum lease payments that was due in 2014",
        "solution": "12.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2014/page_92.pdf\n\nID: AAL/2014/page_92.pdf-2\n\nPrevious Text:\ntable of contents interest expense , net of capitalized interest increased $ 64 million , or 9.8% ( 9.8 % ) , to $ 710 million in 2013 from $ 646 million in 2012 primarily due to special charges of $ 92 million to recognize post-petition interest expense on unsecured obligations pursuant to the plan and penalty interest related to 10.5% ( 10.5 % ) secured notes and 7.50% ( 7.50 % ) senior secured notes .\nother nonoperating expense , net of $ 84 million in 2013 consists principally of net foreign currency losses of $ 55 million and early debt extinguishment charges of $ 48 million .\nother nonoperating income in 2012 consisted principally of a $ 280 million special credit related to the settlement of a commercial dispute partially offset by net foreign currency losses .\nreorganization items , net reorganization items refer to revenues , expenses ( including professional fees ) , realized gains and losses and provisions for losses that are realized or incurred as a direct result of the chapter 11 cases .\nthe following table summarizes the components included in reorganization items , net on american 2019s consolidated statements of operations for the years ended december 31 , 2013 and 2012 ( in millions ) : .\n\nTable Data:\n[['', '2013', '2012'], ['pension and postretirement benefits', '$ 2014', '$ -66 ( 66 )'], ['labor-related deemed claim ( 1 )', '1733', '2014'], ['aircraft and facility financing renegotiations and rejections ( 2 ) ( 3 )', '320', '1951'], ['fair value of conversion discount ( 4 )', '218', '2014'], ['professional fees', '199', '227'], ['other', '170', '67'], ['total reorganization items net', '$ 2640', '$ 2179']]\n\nFollowing Text:\n( 1 ) in exchange for employees 2019 contributions to the successful reorganization , including agreeing to reductions in pay and benefits , american agreed in the plan to provide each employee group a deemed claim , which was used to provide a distribution of a portion of the equity of the reorganized entity to those employees .\neach employee group received a deemed claim amount based upon a portion of the value of cost savings provided by that group through reductions to pay and benefits as well as through certain work rule changes .\nthe total value of this deemed claim was approximately $ 1.7 billion .\n( 2 ) amounts include allowed claims ( claims approved by the bankruptcy court ) and estimated allowed claims relating to ( i ) the rejection or modification of financings related to aircraft and ( ii ) entry of orders treated as unsecured claims with respect to facility agreements supporting certain issuances of special facility revenue bonds .\nthe debtors recorded an estimated claim associated with the rejection or modification of a financing or facility agreement when the applicable motion was filed with the bankruptcy court to reject or modify such financing or facility agreement and the debtors believed that it was probable the motion would be approved , and there was sufficient information to estimate the claim .\nsee note 2 to american 2019s consolidated financial statements in part ii , item 8b for further information .\n( 3 ) pursuant to the plan , the debtors agreed to allow certain post-petition unsecured claims on obligations .\nas a result , during the year ended december 31 , 2013 , american recorded reorganization charges to adjust estimated allowed claim amounts previously recorded on rejected special facility revenue bonds of $ 180 million , allowed general unsecured claims related to the 1990 and 1994 series of special facility revenue bonds that financed certain improvements at jfk , and rejected bonds that financed certain improvements at ord , which are included in the table above .\n( 4 ) the plan allowed unsecured creditors receiving aag series a preferred stock a conversion discount of 3.5% ( 3.5 % ) .\naccordingly , american recorded the fair value of such discount upon the confirmation of the plan by the bankruptcy court. .\n\nQuestion: in 2013 what was the ratio of the interest expense , net of capitalized interest to the other non operating income net related to debt extinguishm net and currency losses",
        "solution": "8.45"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2015/page_24.pdf\n\nID: AAPL/2015/page_24.pdf-3\n\nPrevious Text:\ntable of contents company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index for the five years ended september 26 , 2015 .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index as of the market close on september 24 , 2010 .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\n* $ 100 invested on 9/25/10 in stock or index , including reinvestment of dividends .\ndata points are the last day of each fiscal year for the company 2019scommon stock and september 30th for indexes .\ncopyright a9 2015 s&p , a division of mcgraw hill financial .\nall rights reserved .\ncopyright a9 2015 dow jones & co .\nall rights reserved .\nseptember september september september september september .\n\nTable Data:\n[['', 'september 2010', 'september 2011', 'september 2012', 'september 2013', 'september 2014', 'september 2015'], ['apple inc .', '$ 100', '$ 138', '$ 229', '$ 170', '$ 254', '$ 294'], ['s&p 500 index', '$ 100', '$ 101', '$ 132', '$ 157', '$ 188', '$ 187'], ['s&p information technology index', '$ 100', '$ 104', '$ 137', '$ 147', '$ 190', '$ 194'], ['dow jones u.s . technology supersector index', '$ 100', '$ 103', '$ 134', '$ 141', '$ 183', '$ 183']]\n\nFollowing Text:\napple inc .\n| 2015 form 10-k | 21 .\n\nQuestion: what was the percentage cumulative total shareholder return for the four years ended 2014?",
        "solution": "154%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2015/page_63.pdf\n\nID: ZBH/2015/page_63.pdf-2\n\nPrevious Text:\nzimmer biomet holdings , inc .\n2015 form 10-k annual report notes to consolidated financial statements ( continued ) interest to the date of redemption .\nin addition , the merger notes and the 3.375% ( 3.375 % ) senior notes due 2021 may be redeemed at our option without any make-whole premium at specified dates ranging from one month to six months in advance of the scheduled maturity date .\nbetween the closing date and june 30 , 2015 , we repaid the biomet senior notes we assumed in the merger .\nthe fair value of the principal amount plus interest was $ 2798.6 million .\nthese senior notes required us to pay a call premium in excess of the fair value of the notes when they were repaid .\nas a result , we recognized $ 22.0 million in non-operating other expense related to this call premium .\nthe estimated fair value of our senior notes as of december 31 , 2015 , based on quoted prices for the specific securities from transactions in over-the-counter markets ( level 2 ) , was $ 8837.5 million .\nthe estimated fair value of the japan term loan as of december 31 , 2015 , based upon publicly available market yield curves and the terms of the debt ( level 2 ) , was $ 96.4 million .\nthe carrying value of the u.s .\nterm loan approximates fair value as it bears interest at short-term variable market rates .\nwe have entered into interest rate swap agreements which we designated as fair value hedges of underlying fixed- rate obligations on our senior notes due 2019 and 2021 .\nsee note 14 for additional information regarding the interest rate swap agreements .\nwe also have available uncommitted credit facilities totaling $ 35.8 million .\nat december 31 , 2015 and 2014 , the weighted average interest rate for our long-term borrowings was 2.9 percent and 3.5 percent , respectively .\nwe paid $ 207.1 million , $ 67.5 million and $ 68.1 million in interest during 2015 , 2014 and 2013 , respectively .\n13 .\naccumulated other comprehensive ( loss ) income oci refers to certain gains and losses that under gaap are included in comprehensive income but are excluded from net earnings as these amounts are initially recorded as an adjustment to stockholders 2019 equity .\namounts in oci may be reclassified to net earnings upon the occurrence of certain events .\nour oci is comprised of foreign currency translation adjustments , unrealized gains and losses on cash flow hedges , unrealized gains and losses on available-for-sale securities , and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions on our defined benefit plans .\nforeign currency translation adjustments are reclassified to net earnings upon sale or upon a complete or substantially complete liquidation of an investment in a foreign entity .\nunrealized gains and losses on cash flow hedges are reclassified to net earnings when the hedged item affects net earnings .\nunrealized gains and losses on available-for-sale securities are reclassified to net earnings if we sell the security before maturity or if the unrealized loss is considered to be other-than-temporary .\namounts related to defined benefit plans that are in oci are reclassified over the service periods of employees in the plan .\nthe reclassification amounts are allocated to all employees in the plans and , therefore , the reclassified amounts may become part of inventory to the extent they are considered direct labor costs .\nsee note 15 for more information on our defined benefit plans .\nthe following table shows the changes in the components of oci , net of tax ( in millions ) : foreign currency translation hedges unrealized gains on securities defined benefit .\n\nTable Data:\n[['', 'foreign currency translation', 'cash flow hedges', 'unrealized gains on securities', 'defined benefit plan items'], ['balance december 31 2014', '$ 111.8', '$ 70.1', '$ -0.4 ( 0.4 )', '$ -143.4 ( 143.4 )'], ['oci before reclassifications', '-305.2 ( 305.2 )', '52.7', '-0.2 ( 0.2 )', '-30.6 ( 30.6 )'], ['reclassifications', '2013', '-93.0 ( 93.0 )', '2013', '9.2'], ['balance december 31 2015', '$ -193.4 ( 193.4 )', '$ 29.8', '$ -0.6 ( 0.6 )', '$ -164.8 ( 164.8 )']]\n\nFollowing Text:\n.\n\nQuestion: what was total oci at december 31 , 2015 in millions?",
        "solution": "-329"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2012/page_16.pdf\n\nID: CE/2012/page_16.pdf-2\n\nPrevious Text:\npolyplastics co. , ltd .\npolyplastics is a leading supplier of engineered plastics in the asia-pacific region and is a venture between daicel chemical industries ltd. , japan ( 55% ( 55 % ) ) and ticona llc ( 45% ( 45 % ) ownership and a wholly-owned subsidiary of cna holdings llc ) .\npolyplastics is a producer and marketer of pom and lcp , with principal production facilities located in japan , taiwan , malaysia and china .\nfortron industries llc .\nfortron is a leading global producer of polyphenylene sulfide ( \"pps\" ) , sold under the fortron ae brand , which is used in a wide variety of automotive and other applications , especially those requiring heat and/or chemical resistance .\nfortron is a limited liability company whose members are ticona fortron inc .\n( 50% ( 50 % ) ownership and a wholly-owned subsidiary of cna holdings llc ) and kureha corporation ( 50% ( 50 % ) ) .\nfortron's facility is located in wilmington , north carolina .\nthis venture combines the sales , marketing , distribution , compounding and manufacturing expertise of celanese with the pps polymer technology expertise of kureha .\nchina acetate strategic ventures .\nwe hold ownership interest in three separate acetate production ventures in china as follows : nantong cellulose fibers co .\nltd .\n( 31% ( 31 % ) ) , kunming cellulose fibers co .\nltd .\n( 30% ( 30 % ) ) and zhuhai cellulose fibers co .\nltd .\n( 30% ( 30 % ) ) .\nthe china national tobacco corporation , the chinese state-owned tobacco entity , controls the remaining ownership interest in each of these ventures .\nour chinese acetate ventures fund their operations using operating cash flow and pay a dividend in the second quarter of each fiscal year based on the ventures' performance for the preceding year .\nin 2012 , 2011 and 2010 , we received cash dividends of $ 83 million , $ 78 million and $ 71 million , respectively .\nduring 2012 , our venture's nantong facility completed an expansion of its acetate flake and acetate tow capacity , each by 30000 tons .\nwe made contributions of $ 29 million over three years related to the capacity expansion in nantong .\nsimilar expansions since the ventures were formed have led to earnings growth and increased dividends for the company .\naccording to the euromonitor database services , china is estimated to have a 42% ( 42 % ) share of the world's 2011 cigarette consumption and is the fastest growing area for cigarette consumption at an estimated growth rate of 3.5% ( 3.5 % ) per year from 2011 through 2016 .\ncombined , these ventures are a leader in chinese domestic acetate production and we believe we are well positioned to supply chinese cigarette producers .\nalthough our ownership interest in each of our china acetate ventures exceeds 20% ( 20 % ) , we account for these investments using the cost method of accounting because we determined that we cannot exercise significant influence over these entities due to local government investment in and influence over these entities , limitations on our involvement in the day-to-day operations and the present inability of the entities to provide timely financial information prepared in accordance with generally accepted accounting principles in the united states ( \"us gaap\" ) .\n2022 other equity method investments infraservs .\nwe hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants .\nour ownership interest in the equity investments in infraserv ventures are as follows : as of december 31 , 2012 ( in percentages ) .\n\nTable Data:\n[['', 'as of december 31 2012 ( in percentages )'], ['infraserv gmbh & co . gendorf kg', '39'], ['infraserv gmbh & co . knapsack kg', '27'], ['infraserv gmbh & co . hoechst kg', '32']]\n\nFollowing Text:\nraw materials and energy we purchase a variety of raw materials and energy from sources in many countries for use in our production processes .\nwe have a policy of maintaining , when available , multiple sources of supply for materials .\nhowever , some of our individual plants may have single sources of supply for some of their raw materials , such as carbon monoxide , steam and acetaldehyde .\nalthough we have been able to obtain sufficient supplies of raw materials , there can be no assurance that unforeseen developments will not affect our raw material supply .\neven if we have multiple sources of supply for a raw material , there can be no assurance that these sources can make up for the loss of a major supplier .\nit is also possible profitability will be adversely affected if we are required to qualify additional sources of supply to our specifications in the event of the loss of a sole supplier .\nin addition , the price of raw materials varies , often substantially , from year to year. .\n\nQuestion: what is the percentage change in the cash dividends received by the company in 2011 compare to 2010?",
        "solution": "9.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RL/2016/page_9.pdf\n\nID: RL/2016/page_9.pdf-1\n\nPrevious Text:\nworldwide wholesale distribution channels the following table presents the number of doors by geographic location in which products distributed by our wholesale segment were sold to consumers in our primary channels of distribution as of april 2 , 2016: .\n\nTable Data:\n[['location', 'number of doors'], ['the americas ( a )', '7741'], ['europe ( b )', '5625'], ['asia ( c )', '136'], ['total', '13502']]\n\nFollowing Text:\n( a ) includes the u.s. , canada , and latin america .\n( b ) includes the middle east .\n( c ) includes australia and new zealand .\nwe have three key wholesale customers that generate significant sales volume .\nduring fiscal 2016 , sales to our largest wholesale customer , macy's , inc .\n( \"macy's\" ) , accounted for approximately 11% ( 11 % ) and 25% ( 25 % ) of our total net revenues and total wholesale net revenues , respectively .\nfurther , during fiscal 2016 , sales to our three largest wholesale customers , including macy's , accounted for approximately 24% ( 24 % ) and 53% ( 53 % ) of our total net revenues and total wholesale net revenues , respectively .\nour products are sold primarily by our own sales forces .\nour wholesale segment maintains its primary showrooms in new york city .\nin addition , we maintain regional showrooms in milan , paris , london , munich , madrid , stockholm , and panama .\nshop-within-shops .\nas a critical element of our distribution to department stores , we and our licensing partners utilize shop-within-shops to enhance brand recognition , to permit more complete merchandising of our lines by the department stores , and to differentiate the presentation of our products .\nas of april 2 , 2016 , we had approximately 25000 shop-within-shops in our primary channels of distribution dedicated to our wholesale products worldwide .\nthe size of our shop-within-shops ranges from approximately 100 to 9200 square feet .\nshop-within-shop fixed assets primarily include items such as customized freestanding fixtures , wall cases and components , decorative items , and flooring .\nwe normally share in the cost of building out these shop-within-shops with our wholesale customers .\nbasic stock replenishment program .\nbasic products such as knit shirts , chino pants , oxford cloth shirts , select accessories , and home products can be ordered by our wholesale customers at any time through our basic stock replenishment program .\nwe generally ship these products within two to five days of order receipt .\nour retail segment our retail segment sells directly to customers throughout the world via our 493 retail stores , totaling approximately 3.8 million square feet , and 583 concession-based shop-within-shops , as well as through our various e-commerce sites .\nthe extension of our direct-to-consumer reach is one of our primary long-term strategic goals .\nwe operate our retail business using an omni-channel retailing strategy that seeks to deliver an integrated shopping experience with a consistent message of our brands and products to our customers , regardless of whether they are shopping for our products in one of our physical stores or online .\nralph lauren stores our ralph lauren stores feature a broad range of apparel , accessories , watch and jewelry , fragrance , and home product assortments in an atmosphere reflecting the distinctive attitude and image of the ralph lauren , polo , double rl , and denim & supply brands , including exclusive merchandise that is not sold in department stores .\nduring fiscal 2016 , we opened 22 new ralph lauren stores and closed 21 stores .\nour ralph lauren stores are primarily situated in major upscale street locations and upscale regional malls , generally in large urban markets. .\n\nQuestion: what percentage of doors in the wholesale segment as of april 2 , 2016 where in the europe geography?",
        "solution": "42%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_145.pdf\n\nID: ETR/2011/page_145.pdf-2\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements sale and leaseback transactions waterford 3 lease obligations in 1989 , in three separate but substantially identical transactions , entergy louisiana sold and leased back undivided interests in waterford 3 for the aggregate sum of $ 353.6 million .\nthe interests represent approximately 9.3% ( 9.3 % ) of waterford 3 .\nthe leases expire in 2017 .\nunder certain circumstances , entergy louisiana may repurchase the leased interests prior to the end of the term of the leases .\nat the end of the lease terms , entergy louisiana has the option to repurchase the leased interests in waterford 3 at fair market value or to renew the leases for either fair market value or , under certain conditions , a fixed rate .\nentergy louisiana issued $ 208.2 million of non-interest bearing first mortgage bonds as collateral for the equity portion of certain amounts payable under the leases .\nupon the occurrence of certain events , entergy louisiana may be obligated to assume the outstanding bonds used to finance the purchase of the interests in the unit and to pay an amount sufficient to withdraw from the lease transaction .\nsuch events include lease events of default , events of loss , deemed loss events , or certain adverse 201cfinancial events . 201d 201cfinancial events 201d include , among other things , failure by entergy louisiana , following the expiration of any applicable grace or cure period , to maintain ( i ) total equity capital ( including preferred membership interests ) at least equal to 30% ( 30 % ) of adjusted capitalization , or ( ii ) a fixed charge coverage ratio of at least 1.50 computed on a rolling 12 month basis .\nas of december 31 , 2011 , entergy louisiana was in compliance with these provisions .\nas of december 31 , 2011 , entergy louisiana had future minimum lease payments ( reflecting an overall implicit rate of 7.45% ( 7.45 % ) ) in connection with the waterford 3 sale and leaseback transactions , which are recorded as long-term debt , as follows : amount ( in thousands ) .\n\nTable Data:\n[['', 'amount ( in thousands )'], ['2012', '$ 39067'], ['2013', '26301'], ['2014', '31036'], ['2015', '28827'], ['2016', '16938'], ['years thereafter', '106335'], ['total', '248504'], ['less : amount representing interest', '60249'], ['present value of net minimum lease payments', '$ 188255']]\n\nFollowing Text:\ngrand gulf lease obligations in 1988 , in two separate but substantially identical transactions , system energy sold and leased back undivided ownership interests in grand gulf for the aggregate sum of $ 500 million .\nthe interests represent approximately 11.5% ( 11.5 % ) of grand gulf .\nthe leases expire in 2015 .\nunder certain circumstances , system entergy may repurchase the leased interests prior to the end of the term of the leases .\nat the end of the lease terms , system energy has the option to repurchase the leased interests in grand gulf at fair market value or to renew the leases for either fair market value or , under certain conditions , a fixed rate .\nsystem energy is required to report the sale-leaseback as a financing transaction in its financial statements .\nfor financial reporting purposes , system energy expenses the interest portion of the lease obligation and the plant depreciation .\nhowever , operating revenues include the recovery of the lease payments because the transactions are accounted for as a sale and leaseback for ratemaking purposes .\nconsistent with a recommendation contained in a .\n\nQuestion: what portion of the total future minimum lease payments is expected to go for interest?",
        "solution": "24.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2006/page_65.pdf\n\nID: PKG/2006/page_65.pdf-3\n\nPrevious Text:\npackaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 .\nstock-based compensation ( continued ) same period was $ 1988000 lower , than if it had continued to account for share-based compensation under apb no .\n25 .\nbasic and diluted earnings per share for the year ended december 31 , 2006 were both $ 0.02 lower than if the company had continued to account for share-based compensation under apb no .\n25 .\nprior to the adoption of sfas no .\n123 ( r ) , the company presented all tax benefits of deductions resulting from share-based payment arrangements as operating cash flows in the statements of cash flows .\nsfas no .\n123 ( r ) requires the cash flows resulting from the tax benefits from tax deductions in excess of the compensation cost recognized for those share awards ( excess tax benefits ) to be classified as financing cash flows .\nthe excess tax benefit of $ 2885000 classified as a financing cash inflow for the year ended december 31 , 2006 would have been classified as an operating cash inflow if the company had not adopted sfas no .\n123 ( r ) .\nas a result of adopting sfas no 123 ( r ) , unearned compensation previously recorded in stockholders 2019 equity was reclassified against additional paid in capital on january 1 , 2006 .\nall stock-based compensation expense not recognized as of december 31 , 2005 and compensation expense related to post 2005 grants of stock options and amortization of restricted stock will be recorded directly to additional paid in capital .\ncompensation expense for stock options and restricted stock recognized in the statements of income for the year ended december 31 , 2006 , 2005 and 2004 was as follows : year ended december 31 , ( in thousands ) 2006 2005 2004 .\n\nTable Data:\n[['( in thousands )', 'year ended december 31 , 2006', 'year ended december 31 , 2005', 'year ended december 31 , 2004'], ['stock options', '$ -3273 ( 3273 )', '$ 2014', '$ 2014'], ['restricted stock', '-2789 ( 2789 )', '-1677 ( 1677 )', '-663 ( 663 )'], ['impact on income before income taxes', '-6062 ( 6062 )', '-1677 ( 1677 )', '-663 ( 663 )'], ['income tax benefit', '2382', '661', '260'], ['impact on net income', '$ -3680 ( 3680 )', '$ -1016 ( 1016 )', '$ -403 ( 403 )']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in thousands in impact on net income due to compensation expense for stock options and restricted stock between 2005 and 2006?",
        "solution": "2664"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2016/page_40.pdf\n\nID: RE/2016/page_40.pdf-4\n\nPrevious Text:\nrisks relating to our business fluctuations in the financial markets could result in investment losses .\nprolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio .\nalthough financial markets have significantly improved since 2008 , they could deteriorate in the future .\nthere could also be disruption in individual market sectors , such as occurred in the energy sector in recent years .\nsuch 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 .\nour results could be adversely affected by catastrophic events .\nwe are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .\nany 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 .\nby way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: .\n\nTable Data:\n[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2016', '$ 301.2'], ['2015', '53.8'], ['2014', '56.3'], ['2013', '194.0'], ['2012', '410.0']]\n\nFollowing Text:\nour losses from future catastrophic events could exceed our projections .\nwe use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .\nwe 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 .\nthese 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. .\n\nQuestion: what was the percentage change in the pre-tax catastrophe losses from 2015 to 2016",
        "solution": "460%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2012/page_64.pdf\n\nID: AAPL/2012/page_64.pdf-3\n\nPrevious Text:\nthe aggregate changes in the balance of gross unrecognized tax benefits , which excludes interest and penalties , for 2012 , 2011 , and 2010 , is as follows ( in millions ) : .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['beginning balance', '$ 1375', '$ 943', '$ 971'], ['increases related to tax positions taken during a prior year', '340', '49', '61'], ['decreases related to tax positions taken during a prior year', '-107 ( 107 )', '-39 ( 39 )', '-224 ( 224 )'], ['increases related to tax positions taken during the current year', '467', '425', '240'], ['decreases related to settlements with taxing authorities', '-3 ( 3 )', '0', '-102 ( 102 )'], ['decreases related to expiration of statute of limitations', '-10 ( 10 )', '-3 ( 3 )', '-3 ( 3 )'], ['ending balance', '$ 2062', '$ 1375', '$ 943']]\n\nFollowing Text:\nthe company includes interest and penalties related to unrecognized tax benefits within the provision for income taxes .\nas of september 29 , 2012 and september 24 , 2011 , the total amount of gross interest and penalties accrued was $ 401 million and $ 261 million , respectively , which is classified as non-current liabilities in the consolidated balance sheets .\nin connection with tax matters , the company recognized interest expense in 2012 and 2011 of $ 140 million and $ 14 million , respectively , and in 2010 the company recognized an interest benefit of $ 43 million .\nthe company is subject to taxation and files income tax returns in the u.s .\nfederal jurisdiction and in many state and foreign jurisdictions .\nfor u.s .\nfederal income tax purposes , all years prior to 2004 are closed .\nthe internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments .\nthe company has contested certain of these adjustments through the irs appeals office .\nthe irs is currently examining the years 2007 through 2009 .\nin addition , the company is also subject to audits by state , local and foreign tax authorities .\nin major states and major foreign jurisdictions , the years subsequent to 1989 and 2002 , respectively , generally remain open and could be subject to examination by the taxing authorities .\nmanagement believes that an adequate provision has been made for any adjustments that may result from tax examinations .\nhowever , the outcome of tax audits cannot be predicted with certainty .\nif any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income tax in the period such resolution occurs .\nalthough timing of the resolution and/or closure of audits is not certain , the company believes it is reasonably possible that tax audit resolutions could reduce its unrecognized tax benefits by between $ 120 million and $ 170 million in the next 12 months .\nnote 6 2013 shareholders 2019 equity and share-based compensation preferred stock the company has five million shares of authorized preferred stock , none of which is issued or outstanding .\nunder the terms of the company 2019s restated articles of incorporation , the board of directors is authorized to determine or alter the rights , preferences , privileges and restrictions of the company 2019s authorized but unissued shares of preferred stock .\ndividend and stock repurchase program in 2012 , the board of directors of the company approved a dividend policy pursuant to which it plans to make , subject to subsequent declaration , quarterly dividends of $ 2.65 per share .\non july 24 , 2012 , the board of directors declared a dividend of $ 2.65 per share to shareholders of record as of the close of business on august 13 , 2012 .\nthe company paid $ 2.5 billion in conjunction with this dividend on august 16 , 2012 .\nno dividends were declared in the first three quarters of 2012 or in 2011 and 2010. .\n\nQuestion: what was the aggregate change in the ending balance of gross unrecognized tax benefits , which excludes interest and penalties between 2012 and 2011?",
        "solution": "687"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISH/2014/page_142.pdf\n\nID: DISH/2014/page_142.pdf-1\n\nPrevious Text:\ndish network corporation notes to consolidated financial statements - continued capital lease obligations anik f3 .\nanik f3 , an fss satellite , was launched and commenced commercial operation during april 2007 .\nthis satellite is accounted for as a capital lease and depreciated over the term of the satellite service agreement .\nwe have leased 100% ( 100 % ) of the ku-band capacity on anik f3 for a period of 15 years .\nciel ii .\nciel ii , a canadian dbs satellite , was launched in december 2008 and commenced commercial operation during february 2009 .\nthis satellite is accounted for as a capital lease and depreciated over the term of the satellite service agreement .\nwe have leased 100% ( 100 % ) of the capacity on ciel ii for an initial 10 year term .\nas of december 31 , 2014 and 2013 , we had $ 500 million capitalized for the estimated fair value of satellites acquired under capital leases included in 201cproperty and equipment , net , 201d with related accumulated depreciation of $ 279 million and $ 236 million , respectively .\nin our consolidated statements of operations and comprehensive income ( loss ) , we recognized $ 43 million , $ 43 million and $ 43 million in depreciation expense on satellites acquired under capital lease agreements during the years ended december 31 , 2014 , 2013 and 2012 , respectively .\nfuture minimum lease payments under the capital lease obligations , together with the present value of the net minimum lease payments as of december 31 , 2014 are as follows ( in thousands ) : for the years ended december 31 .\n\nTable Data:\n[['2015', '$ 77089'], ['2016', '76809'], ['2017', '76007'], ['2018', '75982'], ['2019', '50331'], ['thereafter', '112000'], ['total minimum lease payments', '468218'], ['less : amount representing lease of the orbital location and estimated executory costs ( primarily insurance and maintenance ) including profit thereon included in total minimum lease payments', '-220883 ( 220883 )'], ['net minimum lease payments', '247335'], ['less : amount representing interest', '-52421 ( 52421 )'], ['present value of net minimum lease payments', '194914'], ['less : current portion', '-28378 ( 28378 )'], ['long-term portion of capital lease obligations', '$ 166536']]\n\nFollowing Text:\nthe summary of future maturities of our outstanding long-term debt as of december 31 , 2014 is included in the commitments table in note 16 .\n12 .\nincome taxes and accounting for uncertainty in income taxes income taxes our income tax policy is to record the estimated future tax effects of temporary differences between the tax bases of assets and liabilities and amounts reported on our consolidated balance sheets , as well as probable operating loss , tax credit and other carryforwards .\ndeferred tax assets are offset by valuation allowances when we believe it is more likely than not that net deferred tax assets will not be realized .\nwe periodically evaluate our need for a valuation allowance .\ndetermining necessary valuation allowances requires us to make assessments about historical financial information as well as the timing of future events , including the probability of expected future taxable income and available tax planning opportunities .\nwe file consolidated tax returns in the u.s .\nthe income taxes of domestic and foreign subsidiaries not included in the u.s .\ntax group are presented in our consolidated financial statements based on a separate return basis for each tax paying entity. .\n\nQuestion: what percentage of future minimum lease payments under the capital lease obligations is due after 2019?",
        "solution": "24%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2013/page_57.pdf\n\nID: BLK/2013/page_57.pdf-4\n\nPrevious Text:\nnonoperating income ( expense ) .\nblackrock also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance with other companies .\nmanagement uses both gaap and non-gaap financial measures in evaluating blackrock 2019s financial performance .\nthe non-gaap measure by itself may pose limitations because it does not include all of blackrock 2019s revenues and expenses .\noperating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and related commissions .\nmanagement believes the exclusion of such costs and related commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact blackrock 2019s results until future periods .\nrevenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties .\nmanagement believes the exclusion of such costs is useful because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue .\namortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , substantially offset distribution fee revenue the company earns .\nfor each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues .\n( b ) nonoperating income ( expense ) , less net income ( loss ) attributable to noncontrolling interests , as adjusted , is presented below .\nthe compensation expense offset is recorded in operating income .\nthis compensation expense has been included in nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in nonoperating income ( expense ) , gaap basis .\nmanagement believes nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides comparability of information among reporting periods and is an effective measure for reviewing blackrock 2019s nonoperating contribution to results .\nas compensation expense associated with ( appreciation ) depreciation on investments related to certain deferred compensation plans , which is included in operating income , substantially offsets the gain ( loss ) on the investments set aside for these plans , management believes nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s nonoperating results that impact book value .\nduring 2013 , the noncash , nonoperating pre-tax gain of $ 80 million related to the contributed pennymac investment has been excluded from nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted due to its nonrecurring nature and because the more than offsetting associated charitable contribution expense of $ 124 million is reported in operating income .\n( in millions ) 2013 2012 2011 nonoperating income ( expense ) , gaap basis $ 116 $ ( 54 ) $ ( 114 ) less : net income ( loss ) attributable to nci 19 ( 18 ) 2 .\n\nTable Data:\n[['( in millions )', '2013', '2012', '2011'], ['nonoperating income ( expense ) gaap basis', '$ 116', '$ -54 ( 54 )', '$ -114 ( 114 )'], ['less : net income ( loss ) attributable to nci', '19', '-18 ( 18 )', '2'], ['nonoperating income ( expense )', '97', '-36 ( 36 )', '-116 ( 116 )'], ['gain related to charitable contribution', '-80 ( 80 )', '2014', '2014'], ['compensation expense related to ( appreciation ) depreciation on deferred compensation plans', '-10 ( 10 )', '-6 ( 6 )', '3'], ['nonoperating income ( expense ) less net income ( loss ) attributable to nci as adjusted', '$ 7', '$ -42 ( 42 )', '$ -113 ( 113 )']]\n\nFollowing Text:\ngain related to charitable contribution ( 80 ) 2014 2014 compensation expense related to ( appreciation ) depreciation on deferred compensation plans ( 10 ) ( 6 ) 3 nonoperating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 7 $ ( 42 ) $ ( 113 ) ( c ) net income attributable to blackrock , as adjusted : management believes net income attributable to blackrock , inc. , as adjusted , and diluted earnings per common share , as adjusted , are useful measures of blackrock 2019s profitability and financial performance .\nnet income attributable to blackrock , inc. , as adjusted , equals net income attributable to blackrock , inc. , gaap basis , adjusted for significant nonrecurring items , charges that ultimately will not impact blackrock 2019s book value or certain tax items that do not impact cash flow .\nsee note ( a ) operating income , as adjusted , and operating margin , as adjusted , for information on the pnc ltip funding obligation , merrill lynch compensation contribution , charitable contribution , u.k .\nlease exit costs , contribution to stifs and restructuring charges .\nthe 2013 results included a tax benefit of approximately $ 48 million recognized in connection with the charitable contribution .\nthe tax benefit has been excluded from net income attributable to blackrock , inc. , as adjusted due to the nonrecurring nature of the charitable contribution .\nduring 2013 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities , including the effect of legislation enacted in the united kingdom and domestic state and local income tax changes .\nduring 2012 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities , including the effect of legislation enacted in the united kingdom and the state and local income tax effect resulting from changes in the company 2019s organizational structure .\nduring 2011 , income tax changes included adjustments related to the revaluation of certain deferred income tax liabilities due to a state tax election and enacted u.k. , japan , u.s .\nstate and local tax legislation .\nthe resulting decrease in income taxes has been excluded from net income attributable to blackrock , inc. , as adjusted , as these items will not have a cash flow impact and to ensure comparability among periods presented. .\n\nQuestion: by what amount is the non-operating income gaap basis higher in 2012 compare to 2011?",
        "solution": "60"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2001/page_74.pdf\n\nID: STT/2001/page_74.pdf-1\n\nPrevious Text:\na black-scholes option-pricing model was used for purposes of estimating the fair value of state street 2019s employee stock options at the grant date .\nthe following were the weighted average assumptions for the years ended december 31 , 2001 , 2000 and 1999 , respectively : risk-free interest rates of 3.99% ( 3.99 % ) , 5.75% ( 5.75 % ) and 5.90% ( 5.90 % ) ; dividend yields of 1.08% ( 1.08 % ) , .73% ( .73 % ) and .92% ( .92 % ) ; and volatility factors of the expected market price of state street common stock of .30 , .30 and .30 .\nthe estimated weighted average life of the stock options granted was 4.1 years for the years ended december 31 , 2001 , 2000 and 1999 .\no t h e r u n r e a l i z e d c o m p r e h e n s i v e i n c o m e ( l o s s ) at december 31 , the components of other unrealized comprehensive income ( loss ) , net of related taxes , were as follows: .\n\nTable Data:\n[['( dollars in millions )', '2001', '2000'], ['unrealized gain on available-for-sale securities', '$ 96', '$ 19'], ['foreign currency translation', '-27 ( 27 )', '-20 ( 20 )'], ['other', '1', ''], ['total', '$ 70', '$ -1 ( 1 )']]\n\nFollowing Text:\nnote j shareholders 2019 rights plan in 1988 , state street declared a dividend of one preferred share purchase right for each outstanding share of common stock .\nin 1998 , the rights agreement was amended and restated , and in 2001 , the rights plan was impacted by the 2-for-1 stock split .\naccordingly , a right may be exercised , under certain conditions , to purchase one eight-hundredths share of a series of participating preferred stock at an exercise price of $ 132.50 , subject to adjustment .\nthe rights become exercisable if a party acquires or obtains the right to acquire 10% ( 10 % ) or more of state street 2019s common stock or after commencement or public announcement of an offer for 10% ( 10 % ) or more of state street 2019s common stock .\nwhen exercisable , under certain conditions , each right entitles the holder thereof to purchase shares of common stock , of either state street or of the acquirer , having a market value of two times the then-current exercise price of that right .\nthe rights expire in september 2008 , and may be redeemed at a price of $ .00125 per right , subject to adjustment , at any time prior to expiration or the acquisition of 10% ( 10 % ) of state street 2019s common stock .\nunder certain circumstances , the rights may be redeemed after they become exercisable and may be subject to automatic redemption .\nnote k regulatory matters r e g u l a t o r y c a p i t a l state street is subject to various regulatory capital requirements administered by federal banking agencies .\nfailure to meet minimum capital requirements can initiate certain mandatory and discretionary actions by regulators that , if undertaken , could have a direct material effect on state street 2019s financial condition .\nunder capital adequacy guidelines , state street must meet specific capital guidelines that involve quantitative measures of state street 2019s assets , liabilities and off-balance sheet items as calculated under regulatory accounting practices .\nstate street 2019s capital amounts and classification are subject to qualitative judgments by the regulators about components , risk weightings and other factors .\n42 state street corporation .\n\nQuestion: in 2001 , what percent of gains were lost in foreign currency translation",
        "solution": "27.84%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2009/page_38.pdf\n\nID: C/2009/page_38.pdf-4\n\nPrevious Text:\n2009 vs .\n2008 revenues , net of interest expense increased 11% ( 11 % ) or $ 2.7 billion , as markets began to recover in the early part of 2009 , bringing back higher levels of volume activity and higher levels of liquidity , which began to decline again in the third quarter of 2009 .\nthe growth in revenue in the early part of the year was mainly due to a $ 7.1 billion increase in fixed income markets , reflecting strong trading opportunities across all asset classes in the first half of 2009 , and a $ 1.5 billion increase in investment banking revenue primarily from increases in debt and equity underwriting activities reflecting higher transaction volumes from depressed 2008 levels .\nthese increases were offset by a $ 6.4 billion decrease in lending revenue primarily from losses on credit default swap hedges .\nexcluding the 2009 and 2008 cva impact , as indicated in the table below , revenues increased 23% ( 23 % ) or $ 5.5 billion .\noperating expenses decreased 17% ( 17 % ) , or $ 2.7 billion .\nexcluding the 2008 repositioning and restructuring charges and the 2009 litigation reserve release , operating expenses declined 11% ( 11 % ) or $ 1.6 billion , mainly as a result of headcount reductions and benefits from expense management .\nprovisions for loan losses and for benefits and claims decreased 7% ( 7 % ) or $ 129 million , to $ 1.7 billion , mainly due to lower credit reserve builds and net credit losses , due to an improved credit environment , particularly in the latter part of the year .\n2008 vs .\n2007 revenues , net of interest expense decreased 2% ( 2 % ) or $ 0.4 billion reflecting the overall difficult market conditions .\nexcluding the 2008 and 2007 cva impact , revenues decreased 3% ( 3 % ) or $ 0.6 billion .\nthe reduction in revenue was primarily due to a decrease in investment banking revenue of $ 2.3 billion to $ 3.2 billion , mainly in debt and equity underwriting , reflecting lower volumes , and a decrease in equity markets revenue of $ 2.3 billion to $ 2.9 billion due to extremely high volatility and reduced levels of activity .\nthese reductions were offset by an increase in fixed income markets of $ 2.9 billion to $ 14.4 billion due to strong performance in interest rates and currencies , and an increase in lending revenue of $ 2.4 billion to $ 4.2 billion mainly from gains on credit default swap hedges .\noperating expenses decreased by 2% ( 2 % ) or $ 0.4 billion .\nexcluding the 2008 and 2007 repositioning and restructuring charges and the 2007 litigation reserve reversal , operating expenses decreased by 7% ( 7 % ) or $ 1.1 billion driven by headcount reduction and lower performance-based incentives .\nprovisions for credit losses and for benefits and claims increased $ 1.3 billion to $ 1.8 billion mainly from higher credit reserve builds and net credit losses offset by a lower provision for unfunded lending commitments due to deterioration in the credit environment .\ncertain revenues impacting securities and banking items that impacted s&b revenues during 2009 and 2008 are set forth in the table below. .\n\nTable Data:\n[['in millions of dollars', 'pretax revenue 2009', 'pretax revenue 2008'], ['private equity and equity investments', '$ 201', '$ -377 ( 377 )'], ['alt-a mortgages ( 1 ) ( 2 )', '321', '-737 ( 737 )'], ['commercial real estate ( cre ) positions ( 1 ) ( 3 )', '68', '270'], ['cva on citi debt liabilities under fair value option', '-3974 ( 3974 )', '4325'], ['cva on derivatives positions excluding monoline insurers', '2204', '-3292 ( 3292 )'], ['total significant revenue items', '$ -1180 ( 1180 )', '$ 189']]\n\nFollowing Text:\n( 1 ) net of hedges .\n( 2 ) for these purposes , alt-a mortgage securities are non-agency residential mortgage-backed securities ( rmbs ) where ( i ) the underlying collateral has weighted average fico scores between 680 and 720 or ( ii ) for instances where fico scores are greater than 720 , rmbs have 30% ( 30 % ) or less of the underlying collateral composed of full documentation loans .\nsee 201cmanaging global risk 2014credit risk 2014u.s .\nconsumer mortgage lending . 201d ( 3 ) s&b 2019s commercial real estate exposure is split into three categories of assets : held at fair value ; held- to-maturity/held-for-investment ; and equity .\nsee 201cmanaging global risk 2014credit risk 2014exposure to commercial real estate 201d section for a further discussion .\nin the table above , 2009 includes a $ 330 million pretax adjustment to the cva balance , which reduced pretax revenues for the year , reflecting a correction of an error related to prior periods .\nsee 201csignificant accounting policies and significant estimates 201d below and notes 1 and 34 to the consolidated financial statements for a further discussion of this adjustment .\n2010 outlook the 2010 outlook for s&b will depend on the level of client activity and on macroeconomic conditions , market valuations and volatility , interest rates and other market factors .\nmanagement of s&b currently expects to maintain client activity throughout 2010 and to operate in market conditions that offer moderate volatility and increased liquidity .\noperating expenses will benefit from continued re-engineering and expense management initiatives , but will be offset by investments in talent and infrastructure to support growth. .\n\nQuestion: what was the change in millions of private equity and equity investments pretax revenue from 2008 to 2009?",
        "solution": "578"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GIS/2019/page_53.pdf\n\nID: GIS/2019/page_53.pdf-1\n\nPrevious Text:\nthe table below presents the estimated maximum potential var arising from a one-day loss in fair value for our interest rate , foreign currency , commodity , and equity market-risk-sensitive instruments outstanding as of may 26 , 2019 and may 27 , 2018 , and the average fair value impact during the year ended may 26 , 2019. .\n\nTable Data:\n[['in millions', 'fair value impact may 26 2019', 'fair value impact averageduringfiscal 2019', 'fair value impact may 27 2018'], ['interest rate instruments', '$ 74.4', '$ 46.1', '$ 33.2'], ['foreign currency instruments', '16.8', '19.0', '21.3'], ['commodity instruments', '4.1', '2.5', '1.9'], ['equity instruments', '2.3', '2.2', '2.0']]\n\nFollowing Text:\n.\n\nQuestion: what is the change in fair value of foreign currency instruments from 2018 to 2019?",
        "solution": "-4.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2014/page_125.pdf\n\nID: RE/2014/page_125.pdf-4\n\nPrevious Text:\n9 .\njunior 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 .\nas 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 .\ninterest expense incurred in connection with these junior subordinated debt securities is as follows for the periods indicated: .\n\nTable Data:\n[['( dollars in thousands )', 'years ended december 31 , 2014', 'years ended december 31 , 2013', 'years ended december 31 , 2012'], ['interest expense incurred', '$ -', '$ 8181', '$ 20454']]\n\nFollowing Text:\nholdings 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 .\n10 .\nreinsurance 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 .\nat december 31 , 2014 , the total amount on deposit in trust accounts was $ 322285 thousand .\non 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 .\nthese agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events .\nthe first agreement provides up to $ 250000 thousand of reinsurance coverage from named storms in specified states of the southeastern united states .\nthe 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 .\non november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro re to provide the company with catastrophe reinsurance coverage .\nthis agreement is a multi-year reinsurance contract which covers specified earthquake events .\nthe agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada .\nkilimanjaro has financed the various property catastrophe reinsurance coverage by issuing catastrophe bonds to unrelated , external investors .\non april 24 , 2014 , kilimanjaro issued $ 450000 thousand of variable rate notes ( 201cseries 2014-1 notes 201d ) .\non november 18 , 2014 , kilimanjaro issued $ 500000 thousand of variable rate notes ( 201cseries 2014-2 notes 201d ) .\nthe 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. .\n\nQuestion: what is the total amount of notes issued by kilimanjaro in 2014 , in thousands?",
        "solution": "950000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2002/page_117.pdf\n\nID: AES/2002/page_117.pdf-1\n\nPrevious Text:\naffiliated company .\nthe loss recorded on the sale was approximately $ 14 million and is recorded as a loss on sale of assets and asset impairment expenses in the accompanying consolidated statements of operations .\nin the second quarter of 2002 , the company recorded an impairment charge of approximately $ 40 million , after income taxes , on an equity method investment in a telecommunications company in latin america held by edc .\nthe impairment charge resulted from sustained poor operating performance coupled with recent funding problems at the invested company .\nduring 2001 , the company lost operational control of central electricity supply corporation ( 2018 2018cesco 2019 2019 ) , a distribution company located in the state of orissa , india .\ncesco is accounted for as a cost method investment .\nin may 2000 , the company completed the acquisition of 100% ( 100 % ) of tractebel power ltd ( 2018 2018tpl 2019 2019 ) for approximately $ 67 million and assumed liabilities of approximately $ 200 million .\ntpl owned 46% ( 46 % ) of nigen .\nthe company also acquired an additional 6% ( 6 % ) interest in nigen from minority stockholders during the year ended december 31 , 2000 through the issuance of approximately 99000 common shares of aes stock valued at approximately $ 4.9 million .\nwith the completion of these transactions , the company owns approximately 98% ( 98 % ) of nigen 2019s common stock and began consolidating its financial results beginning may 12 , 2000 .\napproximately $ 100 million of the purchase price was allocated to excess of costs over net assets acquired and was amortized through january 1 , 2002 at which time the company adopted sfas no .\n142 and ceased amortization of goodwill .\nin august 2000 , a subsidiary of the company acquired a 49% ( 49 % ) interest in songas limited ( 2018 2018songas 2019 2019 ) for approximately $ 40 million .\nthe company acquired an additional 16.79% ( 16.79 % ) of songas for approximately $ 12.5 million , and the company began consolidating this entity in 2002 .\nsongas owns the songo songo gas-to-electricity project in tanzania .\nin december 2002 , the company signed a sales purchase agreement to sell songas .\nthe sale is expected to close in early 2003 .\nsee note 4 for further discussion of the transaction .\nthe following table presents summarized comparative financial information ( in millions ) for the company 2019s investments in 50% ( 50 % ) or less owned investments accounted for using the equity method. .\n\nTable Data:\n[['as of and for the years ended december 31,', '2002', '2001', '2000'], ['revenues', '$ 2832', '$ 6147', '$ 6241'], ['operating income', '695', '1717', '1989'], ['net income', '229', '650', '859'], ['current assets', '1097', '3700', '2423'], ['noncurrent assets', '6751', '14942', '13080'], ['current liabilities', '1418', '3510', '3370'], ['noncurrent liabilities', '3349', '8297', '5927'], [\"stockholder's equity\", '3081', '6835', '6206']]\n\nFollowing Text:\nin 2002 , 2001 and 2000 , the results of operations and the financial position of cemig were negatively impacted by the devaluation of the brazilian real and the impairment charge recorded in 2002 .\nthe brazilian real devalued 32% ( 32 % ) , 19% ( 19 % ) and 8% ( 8 % ) for the years ended december 31 , 2002 , 2001 and 2000 , respectively .\nthe company recorded $ 83 million , $ 210 million , and $ 64 million of pre-tax non-cash foreign currency transaction losses on its investments in brazilian equity method affiliates during 2002 , 2001 and 2000 , respectively. .\n\nQuestion: what was the percentage change in revenues for investments in 50% ( 50 % ) or less owned investments accounted for using the equity method between 2001 and 2002?",
        "solution": "-54%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MMM/2015/page_52.pdf\n\nID: MMM/2015/page_52.pdf-1\n\nPrevious Text:\ncommodity prices risk : the company manages commodity price risks through negotiated supply contracts , price protection agreements and forward contracts .\n3m used commodity price swaps as cash flow hedges of forecasted commodity transactions to manage price volatility , but discontinued this practice in the first quarter of 2015 .\nthe related mark-to-market gain or loss on qualifying hedges was included in other comprehensive income to the extent effective , and reclassified into cost of sales in the period during which the hedged transaction affected earnings .\nvalue at risk : the value at risk analysis is performed annually to assess the company 2019s sensitivity to changes in currency rates , interest rates , and commodity prices .\na monte carlo simulation technique was used to test the impact on after-tax earnings related to financial instruments ( primarily debt ) , derivatives and underlying exposures outstanding at december 31 , 2015 .\nthe model ( third-party bank dataset ) used a 95 percent confidence level over a 12-month time horizon .\nthe exposure to changes in currency rates model used 18 currencies , interest rates related to three currencies , and commodity prices related to five commodities .\nthis model does not purport to represent what actually will be experienced by the company .\nthis model does not include certain hedge transactions , because the company believes their inclusion would not materially impact the results .\nthe risk of loss or benefit associated with exchange rates was higher in 2015 due to a greater mix of floating rate debt and a rising interest rate environment in the u.s .\ninterest rate volatility increased in 2015 , based on a higher mix of floating rate debt and the use of forward rates .\nthe following table summarizes the possible adverse and positive impacts to after-tax earnings related to these exposures .\nadverse impact on after-tax positive impact on after-tax earnings earnings .\n\nTable Data:\n[['( millions )', 'adverse impact on after-tax earnings 2015', 'adverse impact on after-tax earnings 2014', 'adverse impact on after-tax earnings 2015', '2014'], ['foreign exchange rates', '$ -254 ( 254 )', '$ -164 ( 164 )', '$ 273', '$ 173'], ['interest rates', '-13 ( 13 )', '-4 ( 4 )', '9', '3'], ['commodity prices', '-1 ( 1 )', '-1 ( 1 )', '1', '1']]\n\nFollowing Text:\nin addition to the possible adverse and positive impacts discussed in the preceding table related to foreign exchange rates , recent historical information is as follows .\n3m estimates that year-on-year currency effects , including hedging impacts , had the following effects on pre-tax income : 2015 ( $ 390 million decrease ) and 2014 ( $ 100 million decrease ) .\nthis estimate includes the effect of translating profits from local currencies into u.s .\ndollars ; the impact of currency fluctuations on the transfer of goods between 3m operations in the united states and abroad ; and transaction gains and losses , including derivative instruments designed to reduce foreign currency exchange rate risks and the negative impact of swapping venezuelan bolivars into u.s .\ndollars .\n3m estimates that year-on-year derivative and other transaction gains and losses had the following effects on pre-tax income : 2015 ( $ 180 million increase ) and 2014 ( $ 10 million increase ) .\nan analysis of the global exposures related to purchased components and materials is performed at each year-end .\na one percent price change would result in a pre-tax cost or savings of approximately $ 70 million per year .\nthe global energy exposure is such that a ten percent price change would result in a pre-tax cost or savings of approximately $ 40 million per year .\nglobal energy exposure includes energy costs used in 3m production and other facilities , primarily electricity and natural gas. .\n\nQuestion: what was the net foreign exchange rate in 2015 in millions",
        "solution": "19"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2018/page_59.pdf\n\nID: BKR/2018/page_59.pdf-3\n\nPrevious Text:\nbhge 2018 form 10-k | 39 outstanding under the commercial paper program .\nthe maximum combined borrowing at any time under both the 2017 credit agreement and the commercial paper program is $ 3 billion .\nif market conditions were to change and our revenue was reduced significantly or operating costs were to increase , our cash flows and liquidity could be reduced .\nadditionally , it could cause the rating agencies to lower our credit rating .\nthere are no ratings triggers that would accelerate the maturity of any borrowings under our committed credit facility .\nhowever , a downgrade in our credit ratings could increase the cost of borrowings under the credit facility and could also limit or preclude our ability to issue commercial paper .\nshould this occur , we could seek alternative sources of funding , including borrowing under the credit facility .\nduring the year ended december 31 , 2018 , we used cash to fund a variety of activities including certain working capital needs and restructuring costs , capital expenditures , the repayment of debt , payment of dividends , distributions to ge and share repurchases .\nwe believe that cash on hand , cash flows generated from operations and the available credit facility will provide sufficient liquidity to manage our global cash needs .\ncash flows cash flows provided by ( used in ) each type of activity were as follows for the years ended december 31: .\n\nTable Data:\n[['( in millions )', '2018', '2017', '2016'], ['operating activities', '$ 1762', '$ -799 ( 799 )', '$ 262'], ['investing activities', '-578 ( 578 )', '-4123 ( 4123 )', '-472 ( 472 )'], ['financing activities', '-4363 ( 4363 )', '10919', '-102 ( 102 )']]\n\nFollowing Text:\noperating activities our largest source of operating cash is payments from customers , of which the largest component is collecting cash related to product or services sales including advance payments or progress collections for work to be performed .\nthe primary use of operating cash is to pay our suppliers , employees , tax authorities and others for a wide range of material and services .\ncash flows from operating activities generated cash of $ 1762 million and used cash of $ 799 million for the years ended december 31 , 2018 and 2017 , respectively .\ncash flows from operating activities increased $ 2561 million in 2018 primarily driven by better operating performance .\nthese cash inflows were supported by strong working capital cash flows , especially in the fourth quarter of 2018 , including approximately $ 300 million for a progress collection payment from a customer .\nincluded in our cash flows from operating activities for 2018 and 2017 are payments of $ 473 million and $ 612 million , respectively , made primarily for employee severance as a result of our restructuring activities and merger and related costs .\ncash flows from operating activities used $ 799 million and generated $ 262 million for the years ended december 31 , 2017 and 2016 , respectively .\ncash flows from operating activities decreased $ 1061 million in 2017 primarily driven by a $ 1201 million negative impact from ending our receivables monetization program in the fourth quarter , and restructuring related payments throughout the year .\nthese cash outflows were partially offset by strong working capital cash flows , especially in the fourth quarter of 2017 .\nincluded in our cash flows from operating activities for 2017 and 2016 are payments of $ 612 million and $ 177 million , respectively , made for employee severance as a result of our restructuring activities and merger and related costs .\ninvesting activities cash flows from investing activities used cash of $ 578 million , $ 4123 million and $ 472 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nour principal recurring investing activity is the funding of capital expenditures to ensure that we have the appropriate levels and types of machinery and equipment in place to generate revenue from operations .\nexpenditures for capital assets totaled $ 995 million , $ 665 million and $ 424 million for 2018 , 2017 and 2016 , respectively , partially offset by cash flows from the sale of property , plant and equipment of $ 458 million , $ 172 million and $ 20 million in 2018 , 2017 and 2016 , respectively .\nproceeds from the disposal of assets related primarily .\n\nQuestion: what is the net change in cash during 2017?",
        "solution": "5997"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2008/page_68.pdf\n\nID: IPG/2008/page_68.pdf-1\n\nPrevious Text:\nnotes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) litigation settlement 2014 during may 2008 , the sec concluded its investigation that began in 2002 into our financial reporting practices , resulting in a settlement charge of $ 12.0 .\ninvestment impairments 2014 in 2007 we realized an other-than-temporary charge of $ 5.8 relating to a $ 12.5 investment in auction rate securities , representing our total investment in auction rate securities .\nfor additional information see note 15 .\nnote 6 : intangible assets goodwill goodwill is the excess purchase price remaining from an acquisition after an allocation of purchase price has been made to identifiable assets acquired and liabilities assumed based on estimated fair values .\nthe changes in the carrying value of goodwill by segment for the years ended december 31 , 2008 and 2007 are as follows: .\n\nTable Data:\n[['', 'ian', 'cmg', 'total'], ['balance as of december 31 2006', '$ 2632.5', '$ 435.3', '$ 3067.8'], ['current year acquisitions', '86.0', '2014', '86.0'], ['contingent and deferred payments for prior acquisitions', '4.7', '3.7', '8.4'], ['amounts allocated to business dispositions', '-5.7 ( 5.7 )', '2014', '-5.7 ( 5.7 )'], ['other ( primarily foreign currency translation )', '72.2', '2.9', '75.1'], ['balance as of december 31 2007', '2789.7', '441.9', '3231.6'], ['current year acquisitions', '99.5', '1.8', '101.3'], ['contingent and deferred payments for prior acquisitions', '28.9', '1.1', '30.0'], ['amounts allocated to business dispositions', '-0.4 ( 0.4 )', '2014', '-0.4 ( 0.4 )'], ['other ( primarily foreign currency translation )', '-127.7 ( 127.7 )', '-13.9 ( 13.9 )', '-141.6 ( 141.6 )'], ['balance as of december 31 2008', '$ 2790.0', '$ 430.9', '$ 3220.9']]\n\nFollowing Text:\nduring the latter part of the fourth quarter of 2008 our stock price declined significantly after our annual impairment review as of october 1 , 2008 , and our market capitalization was less than our book value as of december 31 , 2008 .\nwe considered whether there were any events or circumstances indicative of a triggering event and determined that the decline in stock price during the fourth quarter was an event that would 201cmore likely than not 201d reduce the fair value of our individual reporting units below their book value , requiring us to perform an interim impairment test for goodwill at the reporting unit level .\nbased on the interim impairment test conducted , we concluded that there was no impairment of our goodwill as of december 31 , 2008 .\nwe will continue to monitor our stock price as it relates to the reconciliation of our market capitalization and the fair values of our individual reporting units throughout 2009 .\nduring our annual impairment reviews as of october 1 , 2006 our discounted future operating cash flow projections at one of our domestic advertising reporting units indicated that the implied fair value of the goodwill at this reporting unit was less than its book value , primarily due to client losses , resulting in a goodwill impairment charge of $ 27.2 in 2006 in our ian segment .\nother intangible assets included in other intangible assets are assets with indefinite lives not subject to amortization and assets with definite lives subject to amortization .\nother intangible assets include non-compete agreements , license costs , trade names and customer lists .\nintangible assets with definitive lives subject to amortization are amortized on a .\n\nQuestion: what was the percentage change in total goodwill carrying value from 2006 to 2007?",
        "solution": "5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ALLE/2016/page_29.pdf\n\nID: ALLE/2016/page_29.pdf-2\n\nPrevious Text:\nseasonality our business experiences seasonality that varies by product line .\nbecause more construction and do-it-yourself projects occur during the second and third calendar quarters of each year in the northern hemisphere , our security product sales , typically , are higher in those quarters than in the first and fourth calendar quarters .\nhowever , our interflex business typically experiences higher sales in the fourth calendar quarter due to project timing .\nrevenue by quarter for the years ended december 31 , 2016 , 2015 and 2014 are as follows: .\n\nTable Data:\n[['', 'first quarter', 'second quarter', 'third quarter', 'fourth quarter'], ['2016', '22% ( 22 % )', '26% ( 26 % )', '26% ( 26 % )', '26% ( 26 % )'], ['2015', '22% ( 22 % )', '25% ( 25 % )', '26% ( 26 % )', '27% ( 27 % )'], ['2014', '22% ( 22 % )', '25% ( 25 % )', '26% ( 26 % )', '27% ( 27 % )']]\n\nFollowing Text:\nemployees as of december 31 , 2016 , we had more than 9400 employees .\nenvironmental regulation we have a dedicated environmental program that is designed to reduce the utilization and generation of hazardous materials during the manufacturing process as well as to remediate identified environmental concerns .\nas to the latter , we are currently engaged in site investigations and remediation activities to address environmental cleanup from past operations at current and former production facilities .\nthe company regularly evaluates its remediation programs and considers alternative remediation methods that are in addition to , or in replacement of , those currently utilized by the company based upon enhanced technology and regulatory changes .\nwe are sometimes a party to environmental lawsuits and claims and have received notices of potential violations of environmental laws and regulations from the u.s .\nenvironmental protection agency ( the \"epa\" ) and similar state authorities .\nwe have also been identified as a potentially responsible party ( \"prp\" ) for cleanup costs associated with off-site waste disposal at federal superfund and state remediation sites .\nfor all such sites , there are other prps and , in most instances , our involvement is minimal .\nin estimating our liability , we have assumed that we will not bear the entire cost of remediation of any site to the exclusion of other prps who may be jointly and severally liable .\nthe ability of other prps to participate has been taken into account , based on our understanding of the parties 2019 financial condition and probable contributions on a per site basis .\nadditional lawsuits and claims involving environmental matters are likely to arise from time to time in the future .\nwe incurred $ 23.3 million , $ 4.4 million , and $ 2.9 million of expenses during the years ended december 31 , 2016 , 2015 , and 2014 , respectively , for environmental remediation at sites presently or formerly owned or leased by us .\nas of december 31 , 2016 and 2015 , we have recorded reserves for environmental matters of $ 30.6 million and $ 15.2 million .\nof these amounts $ 9.6 million and $ 2.8 million , respectively , relate to remediation of sites previously disposed by us .\ngiven the evolving nature of environmental laws , regulations and technology , the ultimate cost of future compliance is uncertain .\navailable information we are required to file annual , quarterly , and current reports , proxy statements , and other documents with the u.s .\nsecurities and exchange commission ( \"sec\" ) .\nthe public may read and copy any materials filed with the sec at the sec 2019s public reference room at 100 f street , n.e. , washington , d.c .\n20549 .\nthe public may obtain information on the operation of the public reference room by calling the sec at 1-800-sec-0330 .\nalso , the sec maintains an internet website that contains reports , proxy and information statements , and other information regarding issuers that file electronically with the sec .\nthe public can obtain any documents that are filed by us at http://www.sec.gov .\nin addition , this annual report on form 10-k , as well as future quarterly reports on form 10-q , current reports on form 8-k and any amendments to all of the foregoing reports , are made available free of charge on our internet website ( http://www.allegion.com ) as soon as reasonably practicable after such reports are electronically filed with or furnished to the sec .\nthe contents of our website are not incorporated by reference in this report. .\n\nQuestion: considering the year 2015 , what is the highest revenue?",
        "solution": "27%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2011/page_116.pdf\n\nID: ADBE/2011/page_116.pdf-2\n\nPrevious Text:\nnote 17 .\ndebt our debt as of december 2 , 2011 and december 3 , 2010 consisted of the following ( in thousands ) : capital lease obligations total debt and capital lease obligations less : current portion debt and capital lease obligations $ 1494627 19681 1514308 $ 1505096 $ 1493969 28492 1522461 $ 1513662 in february 2010 , we issued $ 600.0 million of 3.25% ( 3.25 % ) senior notes due february 1 , 2015 ( the 201c2015 notes 201d ) and $ 900.0 million of 4.75% ( 4.75 % ) senior notes due february 1 , 2020 ( the 201c2020 notes 201d and , together with the 2015 notes , the 201cnotes 201d ) .\nour proceeds were approximately $ 1.5 billion and were net of an issuance discount of $ 6.6 million .\nthe notes rank equally with our other unsecured and unsubordinated indebtedness .\nin addition , we incurred issuance costs of approximately $ 10.7 million .\nboth the discount and issuance costs are being amortized to interest expense over the respective terms of the notes using the effective interest method .\nthe effective interest rate including the discount and issuance costs is 3.45% ( 3.45 % ) for the 2015 notes and 4.92% ( 4.92 % ) for the 2020 notes .\ninterest is payable semi-annually , in arrears , on february 1 and august 1 , commencing on august 1 , 2010 .\nduring fiscal 2011 interest payments totaled $ 62.3 million .\nthe proceeds from the notes are available for general corporate purposes , including repayment of any balance outstanding on our credit facility .\nbased on quoted market prices , the fair value of the notes was approximately $ 1.6 billion as of december 2 , 2011 .\nwe may redeem the notes at any time , subject to a make whole premium .\nin addition , upon the occurrence of certain change of control triggering events , we may be required to repurchase the notes , at a price equal to 101% ( 101 % ) of their principal amount , plus accrued and unpaid interest to the date of repurchase .\nthe notes also include covenants that limit our ability to grant liens on assets and to enter into sale and leaseback transactions , subject to significant allowances .\nas of december 2 , 2011 , we were in compliance with all of the covenants .\ncredit agreement in august 2007 , we entered into an amendment to our credit agreement dated february 2007 ( the 201camendment 201d ) , which increased the total senior unsecured revolving facility from $ 500.0 million to $ 1.0 billion .\nthe amendment also permits us to request one-year extensions effective on each anniversary of the closing date of the original agreement , subject to the majority consent of the lenders .\nwe also retain an option to request an additional $ 500.0 million in commitments , for a maximum aggregate facility of $ 1.5 billion .\nin february 2008 , we entered into a second amendment to the credit agreement dated february 26 , 2008 , which extended the maturity date of the facility by one year to february 16 , 2013 .\nthe facility would terminate at this date if no additional extensions have been requested and granted .\nall other terms and conditions remain the same .\nthe facility contains a financial covenant requiring us not to exceed a certain maximum leverage ratio .\nat our option , borrowings under the facility accrue interest based on either the london interbank offered rate ( 201clibor 201d ) for one , two , three or six months , or longer periods with bank consent , plus a margin according to a pricing grid tied to this financial covenant , or a base rate .\nthe margin is set at rates between 0.20% ( 0.20 % ) and 0.475% ( 0.475 % ) .\ncommitment fees are payable on the facility at rates between 0.05% ( 0.05 % ) and 0.15% ( 0.15 % ) per year based on the same pricing grid .\nthe facility is available to provide loans to us and certain of our subsidiaries for general corporate purposes .\non february 1 , 2010 , we paid the outstanding balance on our credit facility and the entire $ 1.0 billion credit line under this facility remains available for borrowing .\ncapital lease obligation in june 2010 , we entered into a sale-leaseback agreement to sell equipment totaling $ 32.2 million and leaseback the same equipment over a period of 43 months .\nthis transaction was classified as a capital lease obligation and recorded at fair value .\nas of december 2 , 2011 , our capital lease obligations of $ 19.7 million includes $ 9.2 million of current debt .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nTable Data:\n[['', '2011', '2010'], ['notes', '$ 1494627', '$ 1493969'], ['capital lease obligations', '19681', '28492'], ['total debt and capital lease obligations', '1514308', '1522461'], ['less : current portion', '9212', '8799'], ['debt and capital lease obligations', '$ 1505096', '$ 1513662']]\n\nFollowing Text:\nnote 17 .\ndebt our debt as of december 2 , 2011 and december 3 , 2010 consisted of the following ( in thousands ) : capital lease obligations total debt and capital lease obligations less : current portion debt and capital lease obligations $ 1494627 19681 1514308 $ 1505096 $ 1493969 28492 1522461 $ 1513662 in february 2010 , we issued $ 600.0 million of 3.25% ( 3.25 % ) senior notes due february 1 , 2015 ( the 201c2015 notes 201d ) and $ 900.0 million of 4.75% ( 4.75 % ) senior notes due february 1 , 2020 ( the 201c2020 notes 201d and , together with the 2015 notes , the 201cnotes 201d ) .\nour proceeds were approximately $ 1.5 billion and were net of an issuance discount of $ 6.6 million .\nthe notes rank equally with our other unsecured and unsubordinated indebtedness .\nin addition , we incurred issuance costs of approximately $ 10.7 million .\nboth the discount and issuance costs are being amortized to interest expense over the respective terms of the notes using the effective interest method .\nthe effective interest rate including the discount and issuance costs is 3.45% ( 3.45 % ) for the 2015 notes and 4.92% ( 4.92 % ) for the 2020 notes .\ninterest is payable semi-annually , in arrears , on february 1 and august 1 , commencing on august 1 , 2010 .\nduring fiscal 2011 interest payments totaled $ 62.3 million .\nthe proceeds from the notes are available for general corporate purposes , including repayment of any balance outstanding on our credit facility .\nbased on quoted market prices , the fair value of the notes was approximately $ 1.6 billion as of december 2 , 2011 .\nwe may redeem the notes at any time , subject to a make whole premium .\nin addition , upon the occurrence of certain change of control triggering events , we may be required to repurchase the notes , at a price equal to 101% ( 101 % ) of their principal amount , plus accrued and unpaid interest to the date of repurchase .\nthe notes also include covenants that limit our ability to grant liens on assets and to enter into sale and leaseback transactions , subject to significant allowances .\nas of december 2 , 2011 , we were in compliance with all of the covenants .\ncredit agreement in august 2007 , we entered into an amendment to our credit agreement dated february 2007 ( the 201camendment 201d ) , which increased the total senior unsecured revolving facility from $ 500.0 million to $ 1.0 billion .\nthe amendment also permits us to request one-year extensions effective on each anniversary of the closing date of the original agreement , subject to the majority consent of the lenders .\nwe also retain an option to request an additional $ 500.0 million in commitments , for a maximum aggregate facility of $ 1.5 billion .\nin february 2008 , we entered into a second amendment to the credit agreement dated february 26 , 2008 , which extended the maturity date of the facility by one year to february 16 , 2013 .\nthe facility would terminate at this date if no additional extensions have been requested and granted .\nall other terms and conditions remain the same .\nthe facility contains a financial covenant requiring us not to exceed a certain maximum leverage ratio .\nat our option , borrowings under the facility accrue interest based on either the london interbank offered rate ( 201clibor 201d ) for one , two , three or six months , or longer periods with bank consent , plus a margin according to a pricing grid tied to this financial covenant , or a base rate .\nthe margin is set at rates between 0.20% ( 0.20 % ) and 0.475% ( 0.475 % ) .\ncommitment fees are payable on the facility at rates between 0.05% ( 0.05 % ) and 0.15% ( 0.15 % ) per year based on the same pricing grid .\nthe facility is available to provide loans to us and certain of our subsidiaries for general corporate purposes .\non february 1 , 2010 , we paid the outstanding balance on our credit facility and the entire $ 1.0 billion credit line under this facility remains available for borrowing .\ncapital lease obligation in june 2010 , we entered into a sale-leaseback agreement to sell equipment totaling $ 32.2 million and leaseback the same equipment over a period of 43 months .\nthis transaction was classified as a capital lease obligation and recorded at fair value .\nas of december 2 , 2011 , our capital lease obligations of $ 19.7 million includes $ 9.2 million of current debt .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nQuestion: as of december 2 , 2011 , what would capital lease obligations be in millions excluding of current debt?",
        "solution": "10.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2000/page_111.pdf\n\nID: AES/2000/page_111.pdf-3\n\nPrevious Text:\na e s 2 0 0 0 f i n a n c i a l r e v i e w in may 2000 , a subsidiary of the company acquired an additional 5% ( 5 % ) of the preferred , non-voting shares of eletropaulo for approximately $ 90 million .\nin january 2000 , 59% ( 59 % ) of the preferred non-voting shares were acquired for approximately $ 1 billion at auction from bndes , the national development bank of brazil .\nthe price established at auction was approximately $ 72.18 per 1000 shares , to be paid in four annual installments com- mencing with a payment of 18.5% ( 18.5 % ) of the total price upon closing of the transaction and installments of 25.9% ( 25.9 % ) , 27.1% ( 27.1 % ) and 28.5% ( 28.5 % ) of the total price to be paid annually thereafter .\nat december 31 , 2000 , the company had a total economic interest of 49.6% ( 49.6 % ) in eletropaulo .\nthe company accounts for this investment using the equity method based on the related consortium agreement that allows the exercise of significant influence .\nin august 2000 , a subsidiary of the company acquired a 49% ( 49 % ) interest in songas limited for approxi- mately $ 40 million .\nsongas limited owns the songo songo gas-to-electricity project in tanzania .\nunder the terms of a project management agreement , the company has assumed overall project management responsibility .\nthe project consists of the refurbishment and operation of five natural gas wells in coastal tanzania , the construction and operation of a 65 mmscf/day gas processing plant and related facilities , the construction of a 230 km marine and land pipeline from the gas plant to dar es salaam and the conversion and upgrading of an existing 112 mw power station in dar es salaam to burn natural gas , with an optional additional unit to be constructed at the plant .\nsince the project is currently under construction , no rev- enues or expenses have been incurred , and therefore no results are shown in the following table .\nin december 2000 , a subsidiary of the company with edf international s.a .\n( 201cedf 201d ) completed the acquisition of an additional 3.5% ( 3.5 % ) interest in light from two sub- sidiaries of reliant energy for approximately $ 136 mil- lion .\npursuant to the acquisition , the company acquired 30% ( 30 % ) of the shares while edf acquired the remainder .\nwith the completion of this transaction , the company owns approximately 21.14% ( 21.14 % ) of light .\nin december 2000 , a subsidiary of the company entered into an agreement with edf to jointly acquire an additional 9.2% ( 9.2 % ) interest in light , which is held by a sub- sidiary of companhia siderurgica nacional ( 201ccsn 201d ) .\npursuant to this transaction , the company acquired an additional 2.75% ( 2.75 % ) interest in light for $ 114.6 million .\nthis transaction closed in january 2001 .\nfollowing the purchase of the light shares previously owned by csn , aes and edf will together be the con- trolling shareholders of light and eletropaulo .\naes and edf have agreed that aes will eventually take operational control of eletropaulo and the telecom businesses of light and eletropaulo , while edf will eventually take opera- tional control of light and eletropaulo 2019s electric workshop business .\naes and edf intend to continue to pursue a fur- ther rationalization of their ownership stakes in light and eletropaulo , the result of which aes would become the sole controlling shareholder of eletropaulo and edf would become the sole controlling shareholder of light .\nupon consummation of the transaction , aes will begin consolidating eletropaulo 2019s operating results .\nthe struc- ture and process by which this rationalization may be effected , and the resulting timing , have yet to be deter- mined and will likely be subject to approval by various brazilian regulatory authorities and other third parties .\nas a result , there can be no assurance that this rationalization will take place .\nin may 1999 , a subsidiary of the company acquired subscription rights from the brazilian state-controlled eletrobras which allowed it to purchase preferred , non- voting shares in eletropaulo and common shares in light .\nthe aggregate purchase price of the subscription rights and the underlying shares in light and eletropaulo was approximately $ 53 million and $ 77 million , respectively , and represented 3.7% ( 3.7 % ) and 4.4% ( 4.4 % ) economic ownership interest in their capital stock , respectively .\nthe following table presents summarized financial information ( in millions ) for the company 2019s investments in 50% ( 50 % ) or less owned investments accounted for using the equity method: .\n\nTable Data:\n[['as of and for the years ended december 31,', '2000', '1999', '1998'], ['revenues', '$ 6241', '$ 5960', '$ 8091'], ['operating income', '1989', '1839', '2079'], ['net income', '859', '62', '1146'], ['current assets', '2423', '2259', '2712'], ['noncurrent assets', '13080', '15359', '19025'], ['current liabilities', '3370', '3637', '4809'], ['noncurrent liabilities', '5927', '7536', '7356'], [\"stockholder's equity\", '6206', '6445', '9572']]\n\nFollowing Text:\n.\n\nQuestion: what was the 2000 revenue per dollar of shareholder equity for less than 50% ( 50 % ) owned subsidiaries?\\\\n",
        "solution": "$ 1.01"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SWKS/2007/page_93.pdf\n\nID: SWKS/2007/page_93.pdf-1\n\nPrevious Text:\nin september 2006 , the fasb issued sfas 158 , 201cemployers 2019 accounting for defined benefit pension and other postretirement plans , an amendment of fasb statements no .\n87 , 88 , 106 , and 132 ( r ) . 201d sfas 158 requires companies to recognize the over-funded and under-funded status of defined benefit pension and other postretire- ment plans as assets or liabilities on their balance sheets .\nin addition , changes in the funded status must be recognized through other comprehensive income in shareholders 2019 equity in the year in which the changes occur .\nwe adopted sfas 158 on september 28 , 2007 .\nin accordance with the transition rules in sfas 158 , this standard is being adopted on a prospective basis .\nthe adoption of sfas 158 resulted in an immaterial adjustment to our balance sheet , and had no impact on our net earnings or cash flows .\ncomprehensive income ( loss ) the company accounts for comprehensive income ( loss ) in accordance with the provisions of sfas no .\n130 , 201creporting comprehensive income 201d ( 201csfas no .\n130 201d ) .\nsfas no .\n130 is a financial statement presentation standard that requires the company to disclose non-owner changes included in equity but not included in net income or loss .\naccumulated comprehensive loss presented in the financial statements consists of adjustments to the company 2019s minimum pension liability as follows ( in thousands ) : pension adjustments accumulated comprehensive .\n\nTable Data:\n[['', 'pension adjustments', 'accumulated other comprehensive loss'], ['balance as of september 30 2005', '-1137 ( 1137 )', '-1137 ( 1137 )'], ['change in period', '538', '538'], ['balance as of september 29 2006', '$ -599 ( 599 )', '$ -599 ( 599 )'], ['pension adjustment', '159', '159'], ['adjustment to initially apply sfas 158', '226', '226'], ['balance as of september 28 2007', '$ -214 ( 214 )', '$ -214 ( 214 )']]\n\nFollowing Text:\nrecently issued accounting pronouncements fin 48 in july 2006 , the fasb issued fasb interpretation no .\n48 , 201caccounting for uncertainty in income taxes 2014 an interpretation of fasb statement no .\n109 201d ( fin 48 ) , which clarifies the accounting and disclosure for uncertainty in tax positions , as defined .\nfin 48 seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes .\nthis interpretation is effective for fiscal years beginning after december 15 , 2006 , and is therefore effective for the company in fiscal year 2008 .\nwe are currently evaluating the impact that adopting fin 48 will have on the company 2019s financial position and results of operations , however at this time the company does not expect the impact to materially affect its results from operations or financial position .\nsfas 157 in september 2006 , the fasb issued sfas no .\n157 , 201cfair value measurements 201d ( 201csfas 157 201d ) which defines fair value , establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements .\nsfas 157 is effective for financial statements issued for fiscal years beginning after november 15 , 2007 and interim periods within those fiscal years .\nthe company has not yet determined the impact that sfas 157 will have on its results from operations or financial position .\nsab 108 in september 2006 , the securities and exchange commission issued staff accounting bulletin no .\n108 , 201cconsidering the effects of prior year misstatements when quantifying misstatements in current year financial statements 201d ( 201csab 108 201d ) , which provides interpretive guidance on how the effects of the carryover or reversal of skyworks solutions , inc .\n2007 annual report .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the net change in pension liability balance from september 2005 to september 2007?",
        "solution": "923"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2010/page_104.pdf\n\nID: CME/2010/page_104.pdf-5\n\nPrevious Text:\nthe company expects to amortize $ 1.7 million of actuarial loss from accumulated other comprehensive income ( loss ) into net periodic benefit costs in 2011 .\nat december 31 , 2010 , anticipated benefit payments from the plan in future years are as follows: .\n\nTable Data:\n[['( in millions )', 'year'], ['2011', '$ 7.2'], ['2012', '8.2'], ['2013', '8.6'], ['2014', '9.5'], ['2015', '10.0'], ['2016-2020', '62.8']]\n\nFollowing Text:\nsavings plans .\ncme maintains a defined contribution savings plan pursuant to section 401 ( k ) of the internal revenue code , whereby all u.s .\nemployees are participants and have the option to contribute to this plan .\ncme matches employee contributions up to 3% ( 3 % ) of the employee 2019s base salary and may make additional discretionary contributions of up to 2% ( 2 % ) of base salary .\nin addition , certain cme london-based employees are eligible to participate in a defined contribution plan .\nfor cme london-based employees , the plan provides for company contributions of 10% ( 10 % ) of earnings and does not have any vesting requirements .\nsalary and cash bonuses paid are included in the definition of earnings .\naggregate expense for all of the defined contribution savings plans amounted to $ 6.3 million , $ 5.2 million and $ 5.8 million in 2010 , 2009 and 2008 , respectively .\ncme non-qualified plans .\ncme maintains non-qualified plans , under which participants may make assumed investment choices with respect to amounts contributed on their behalf .\nalthough not required to do so , cme invests such contributions in assets that mirror the assumed investment choices .\nthe balances in these plans are subject to the claims of general creditors of the exchange and totaled $ 28.8 million and $ 23.4 million at december 31 , 2010 and 2009 , respectively .\nalthough the value of the plans is recorded as an asset in the consolidated balance sheets , there is an equal and offsetting liability .\nthe investment results of these plans have no impact on net income as the investment results are recorded in equal amounts to both investment income and compensation and benefits expense .\nsupplemental savings plan 2014cme maintains a supplemental plan to provide benefits for employees who have been impacted by statutory limits under the provisions of the qualified pension and savings plan .\nall cme employees hired prior to january 1 , 2007 are immediately vested in their supplemental plan benefits .\nall cme employees hired on or after january 1 , 2007 are subject to the vesting requirements of the underlying qualified plans .\ntotal expense for the supplemental plan was $ 0.9 million , $ 0.7 million and $ 1.3 million for 2010 , 2009 and 2008 , respectively .\ndeferred compensation plan 2014a deferred compensation plan is maintained by cme , under which eligible officers and members of the board of directors may contribute a percentage of their compensation and defer income taxes thereon until the time of distribution .\nnymexmembers 2019 retirement plan and benefits .\nnymex maintained a retirement and benefit plan under the commodities exchange , inc .\n( comex ) members 2019 recognition and retention plan ( mrrp ) .\nthis plan provides benefits to certain members of the comex division based on long-term membership , and participation is limited to individuals who were comex division members prior to nymex 2019s acquisition of comex in 1994 .\nno new participants were permitted into the plan after the date of this acquisition .\nunder the terms of the mrrp , the company is required to fund the plan with a minimum annual contribution of $ 0.4 million until it is fully funded .\nall benefits to be paid under the mrrp are based on reasonable actuarial assumptions which are based upon the amounts that are available and are expected to be available to pay benefits .\ntotal contributions to the plan were $ 0.8 million for each of 2010 , 2009 and for the period august 23 through december 31 , 2008 .\nat december 31 , 2010 and 2009 , the total obligation for the mrrp totaled $ 20.7 million and $ 20.5 million .\n\nQuestion: what was the sum of total expense for the supplemental plan from 2008 to 2010",
        "solution": "2.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2004/page_21.pdf\n\nID: PKG/2004/page_21.pdf-3\n\nPrevious Text:\ninstruments at fair value and to recognize the effective and ineffective portions of the cash flow hedges .\n( 2 ) for the year ended december 31 , 2000 , earnings available to common stockholders includes reductions of $ 2371 of preferred stock dividends and $ 16266 for the redemption of pca 2019s 123 20448% ( 20448 % ) preferred stock .\n( 3 ) on october 13 , 2003 , pca announced its intention to begin paying a quarterly cash dividend of $ 0.15 per share , or $ 0.60 per share annually , on its common stock .\nthe first quarterly dividend of $ 0.15 per share was paid on january 15 , 2004 to shareholders of record as of december 15 , 2003 .\npca did not declare any dividends on its common stock in 2000 - 2002 .\n( 4 ) total long-term obligations include long-term debt , short-term debt and the current maturities of long-term debt .\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations the following discussion of historical results of operations and financial condition should be read in conjunction with the audited financial statements and the notes thereto which appear elsewhere in this report .\noverview on april 12 , 1999 , pca acquired the containerboard and corrugated products business of pactiv corporation ( the 201cgroup 201d ) , formerly known as tenneco packaging inc. , a wholly owned subsidiary of tenneco , inc .\nthe group operated prior to april 12 , 1999 as a division of pactiv , and not as a separate , stand-alone entity .\nfrom its formation in january 1999 and through the closing of the acquisition on april 12 , 1999 , pca did not have any significant operations .\nthe april 12 , 1999 acquisition was accounted for using historical values for the contributed assets .\npurchase accounting was not applied because , under the applicable accounting guidance , a change of control was deemed not to have occurred as a result of the participating veto rights held by pactiv after the closing of the transactions under the terms of the stockholders agreement entered into in connection with the transactions .\nresults of operations year ended december 31 , 2004 compared to year ended december 31 , 2003 the historical results of operations of pca for the years ended december , 31 2004 and 2003 are set forth the below : for the year ended december 31 , ( in millions ) 2004 2003 change .\n\nTable Data:\n[['( in millions )', '2004', '2003', 'change'], ['net sales', '$ 1890.1', '$ 1735.5', '$ 154.6'], ['income before interest and taxes', '$ 140.5', '$ 96.9', '$ 43.6'], ['interest expense net', '-29.6 ( 29.6 )', '-121.8 ( 121.8 )', '92.2'], ['income ( loss ) before taxes', '110.9', '-24.9 ( 24.9 )', '135.8'], ['( provision ) benefit for income taxes', '-42.2 ( 42.2 )', '10.5', '-52.7 ( 52.7 )'], ['net income ( loss )', '$ 68.7', '$ -14.4 ( 14.4 )', '$ 83.1']]\n\nFollowing Text:\n.\n\nQuestion: by what percent did net sales increase from 2003 to 2004?",
        "solution": "8.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2009/page_33.pdf\n\nID: UPS/2009/page_33.pdf-2\n\nPrevious Text:\n( 1 ) includes shares repurchased through our publicly announced share repurchase program and shares tendered to pay the exercise price and tax withholding on employee stock options .\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .\nthe following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average .\nthe 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 , 2004 in the s&p 500 index , the dow jones transportation average , and our class b common stock .\ncomparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 2004 20092008200720062005 s&p 500 ups dj transport .\n\nTable Data:\n[['', '12/31/04', '12/31/05', '12/31/06', '12/31/07', '12/31/08', '12/31/09'], ['united parcel service inc .', '$ 100.00', '$ 89.49', '$ 91.06', '$ 87.88', '$ 70.48', '$ 75.95'], ['s&p 500 index', '$ 100.00', '$ 104.91', '$ 121.48', '$ 128.15', '$ 80.74', '$ 102.11'], ['dow jones transportation average', '$ 100.00', '$ 111.65', '$ 122.61', '$ 124.35', '$ 97.72', '$ 115.88']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in percentage cumulative return on investment for united parcel service inc . compared to the s&p 500 index for the five year period ended 12/31/09?",
        "solution": "-26.16%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_34.pdf\n\nID: UNP/2009/page_34.pdf-2\n\nPrevious Text:\nan adverse development with respect to one claim in 2008 and favorable developments in three cases in 2009 .\nother costs were also lower in 2009 compared to 2008 , driven by a decrease in expenses for freight and property damages , employee travel , and utilities .\nin addition , higher bad debt expense in 2008 due to the uncertain impact of the recessionary economy drove a favorable year-over-year comparison .\nconversely , an additional expense of $ 30 million related to a transaction with pacer international , inc .\nand higher property taxes partially offset lower costs in 2009 .\nother costs were higher in 2008 compared to 2007 due to an increase in bad debts , state and local taxes , loss and damage expenses , utility costs , and other miscellaneous expenses totaling $ 122 million .\nconversely , personal injury costs ( including asbestos-related claims ) were $ 8 million lower in 2008 compared to 2007 .\nthe reduction reflects improvements in our safety experience and lower estimated costs to resolve claims as indicated in the actuarial studies of our personal injury expense and annual reviews of asbestos-related claims in both 2008 and 2007 .\nthe year-over-year comparison also includes the negative impact of adverse development associated with one claim in 2008 .\nin addition , environmental and toxic tort expenses were $ 7 million lower in 2008 compared to 2007 .\nnon-operating items millions of dollars 2009 2008 2007 % (  % ) change 2009 v 2008 % (  % ) change 2008 v 2007 .\n\nTable Data:\n[['millions of dollars', '2009', '2008', '2007', '% (  % ) change 2009 v 2008', '% (  % ) change 2008 v 2007'], ['other income', '$ 195', '$ 92', '$ 116', '112 % (  % )', '( 21 ) % (  % )'], ['interest expense', '-600 ( 600 )', '-511 ( 511 )', '-482 ( 482 )', '17', '6'], ['income taxes', '-1089 ( 1089 )', '-1318 ( 1318 )', '-1154 ( 1154 )', '-17 ( 17 )', '14']]\n\nFollowing Text:\nother income 2013 other income increased $ 103 million in 2009 compared to 2008 primarily due to higher gains from real estate sales , which included the $ 116 million pre-tax gain from a land sale to the regional transportation district ( rtd ) in colorado and lower interest expense on our sale of receivables program , resulting from lower interest rates and a lower outstanding balance .\nreduced rental and licensing income and lower returns on cash investments , reflecting lower interest rates , partially offset these increases .\nother income decreased in 2008 compared to 2007 due to lower gains from real estate sales and decreased returns on cash investments reflecting lower interest rates .\nhigher rental and licensing income and lower interest expense on our sale of receivables program partially offset the decreases .\ninterest expense 2013 interest expense increased in 2009 versus 2008 due primarily to higher weighted- average debt levels .\nin 2009 , the weighted-average debt level was $ 9.6 billion ( including the restructuring of locomotive leases in may of 2009 ) , compared to $ 8.3 billion in 2008 .\nour effective interest rate was 6.3% ( 6.3 % ) in 2009 , compared to 6.1% ( 6.1 % ) in 2008 .\ninterest expense increased in 2008 versus 2007 due to a higher weighted-average debt level of $ 8.3 billion , compared to $ 7.3 billion in 2007 .\na lower effective interest rate of 6.1% ( 6.1 % ) in 2008 , compared to 6.6% ( 6.6 % ) in 2007 , partially offset the effects of the higher weighted-average debt level .\nincome taxes 2013 income taxes were lower in 2009 compared to 2008 , driven by lower pre-tax income .\nour effective tax rate for the year was 36.5% ( 36.5 % ) compared to 36.1% ( 36.1 % ) in 2008 .\nincome taxes were higher in 2008 compared to 2007 , driven by higher pre-tax income .\nour effective tax rates were 36.1% ( 36.1 % ) and 38.4% ( 38.4 % ) in 2008 and 2007 , respectively .\nthe lower effective tax rate in 2008 resulted from several reductions in tax expense related to federal audits and state tax law changes .\nin addition , the effective tax rate in 2007 was increased by illinois legislation that increased deferred tax expense in the third quarter of 2007. .\n\nQuestion: what would other income have increased to in 2009 absent the pre-tax gain from a land sale , in millions?",
        "solution": "79"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HWM/2018/page_67.pdf\n\nID: HWM/2018/page_67.pdf-1\n\nPrevious Text:\narconic and subsidiaries notes to the consolidated financial statements ( dollars in millions , except per-share amounts ) a .\nsummary of significant accounting policies basis of presentation .\nthe consolidated financial statements of arconic inc .\nand subsidiaries ( 201carconic 201d or the 201ccompany 201d ) are prepared in conformity with accounting principles generally accepted in the united states of america ( gaap ) and require management to make certain judgments , estimates , and assumptions .\nthese may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements .\nthey also may affect the reported amounts of revenues and expenses during the reporting period .\nactual results could differ from those estimates upon subsequent resolution of identified matters .\ncertain amounts in previously issued financial statements were reclassified to conform to the current period presentation ( see below and note c ) on january 1 , 2018 , arconic adopted new guidance issued by the financial accounting standards board ( fasb ) related to the following : presentation of net periodic pension cost and net periodic postretirement benefit cost that required a reclassification of costs within the statement of consolidated operations ; presentation of certain cash receipts and cash payments within the statement of consolidated cash flows that required a reclassification of amounts between operating and either financing or investing activities ; the classification of restricted cash within the statement of consolidated cash flows ; and the reclassification from accumulated other comprehensive loss to accumulated deficit in the consolidated balance sheet of stranded tax effects resulting from the tax cuts and jobs act enacted on december 22 , 2017 .\nsee recently adopted accounting guidance below for further details .\nalso on january 1 , 2018 , the company changed its primary measure of segment performance from adjusted earnings before interest , tax , depreciation and amortization ( 201cadjusted ebitda 201d ) to segment operating profit , which more closely aligns segment performance with operating income as presented in the statement of consolidated operations .\nsee note c for further details .\nthe separation of alcoa inc .\ninto two standalone , publicly-traded companies , arconic inc .\n( the new name for alcoa inc. ) and alcoa corporation , became effective on november 1 , 2016 ( the 201cseparation transaction 201d ) .\nthe financial results of alcoa corporation for 2016 have been retrospectively reflected in the statement of consolidated operations as discontinued operations and , as such , have been excluded from continuing operations and segment results for 2016 .\nthe cash flows and comprehensive income related to alcoa corporation have not been segregated and are included in the statement of consolidated cash flows and statement of consolidated comprehensive income ( loss ) , respectively , for 2016 .\nsee note v for additional information related to the separation transaction and discontinued operations .\nprinciples of consolidation .\nthe consolidated financial statements include the accounts of arconic and companies in which arconic has a controlling interest .\nintercompany transactions have been eliminated .\ninvestments in affiliates in which arconic cannot exercise significant influence are accounted for on the cost method .\nmanagement also evaluates whether an arconic entity or interest is a variable interest entity and whether arconic is the primary beneficiary .\nconsolidation is required if both of these criteria are met .\narconic does not have any variable interest entities requiring consolidation .\ncash equivalents .\ncash equivalents are highly liquid investments purchased with an original maturity of three months or less .\ninventory valuation .\ninventories are carried at the lower of cost and net realizable value , with cost for approximately half of u.s .\ninventories determined under the last-in , first-out ( lifo ) method .\nthe cost of other inventories is determined under a combination of the first-in , first-out ( fifo ) and average-cost methods .\nproperties , plants , and equipment .\nproperties , plants , and equipment are recorded at cost .\ndepreciation is recorded principally on the straight-line method at rates based on the estimated useful lives of the assets .\nthe following table details the weighted-average useful lives of structures and machinery and equipment by reporting segment ( numbers in years ) : .\n\nTable Data:\n[['', 'structures', 'machinery and equipment'], ['engineered products and solutions', '29', '17'], ['global rolled products', '31', '21'], ['transportation and construction solutions', '27', '18']]\n\nFollowing Text:\ngains or losses from the sale of asset groups are generally recorded in restructuring and other charges while the sale of individual assets are recorded in other expense ( income ) , net ( see policy below for assets classified as held for sale and discontinued operations ) .\nrepairs and maintenance are charged to expense as incurred .\ninterest related to the construction of qualifying assets is capitalized as part of the construction costs. .\n\nQuestion: what is the difference between the weighted average useful lives of structures and machinery/equipment in the engineered products and solutions segment , in years?",
        "solution": "12"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2007/page_79.pdf\n\nID: MRO/2007/page_79.pdf-1\n\nPrevious Text:\nderivative instruments see quantitative and qualitative disclosures about market risk for a discussion of derivative instruments and associated market risk .\ndividends to stockholders dividends of $ 0.92 per common share or $ 637 million were paid during 2007 .\non january 27 , 2008 , our board of directors declared a dividend of $ 0.24 cents per share on our common stock , payable march 10 , 2008 , to stockholders of record at the close of business on february 20 , 2008 .\nliquidity and capital resources our main sources of liquidity and capital resources are internally generated cash flow from operations , committed credit facilities and access to both the debt and equity capital markets .\nour ability to access the debt capital market is supported by our investment grade credit ratings .\nour senior unsecured debt is currently rated investment grade by standard and poor 2019s corporation , moody 2019s investor services , inc .\nand fitch ratings with ratings of bbb+ , baa1 , and bbb+ .\nthese ratings were reaffirmed in july 2007 after the western acquisition was announced .\nbecause of the alternatives available to us , including internally generated cash flow and potential asset sales , we believe that our short-term and long-term liquidity is adequate to fund operations , including our capital spending programs , stock repurchase program , repayment of debt maturities and any amounts that ultimately may be paid in connection with contingencies .\nwe have a committed $ 3.0 billion revolving credit facility with third-party financial institutions terminating in may 2012 .\nat december 31 , 2007 , there were no borrowings against this facility and we had no commercial paper outstanding under our u.s .\ncommercial paper program that is backed by this revolving credit facility .\non july 26 , 2007 , we filed a universal shelf registration statement with the securities and exchange commission , under which we , as a well-known seasoned issuer , have the ability to issue and sell an indeterminate amount of various types of debt and equity securities .\nour cash-adjusted debt-to-capital ratio ( total debt-minus-cash to total debt-plus-equity-minus-cash ) was 22 percent at december 31 , 2007 , compared to six percent at year-end 2006 as shown below .\nthis includes $ 498 million of debt that is serviced by united states steel .\n( dollars in millions ) 2007 2006 .\n\nTable Data:\n[['( dollars in millions )', '2007', '2006'], ['long-term debt due within one year', '$ 1131', '$ 471'], ['long-term debt', '6084', '3061'], ['total debt', '$ 7215', '$ 3532'], ['cash', '$ 1199', '$ 2585'], ['trusteed funds from revenue bonds ( a )', '$ 744', '$ 2013'], ['equity', '$ 19223', '$ 14607'], ['calculation:', '', ''], ['total debt', '$ 7215', '$ 3532'], ['minus cash', '1199', '2585'], ['minus trusteed funds from revenue bonds', '744', '2013'], ['total debt minus cash', '5272', '947'], ['total debt', '7215', '3532'], ['plus equity', '19223', '14607'], ['minus cash', '1199', '2585'], ['minus trusteed funds from revenue bonds', '744', '2013'], ['total debt plus equity minus cash', '$ 24495', '$ 15554'], ['cash-adjusted debt-to-capital ratio', '22% ( 22 % )', '6% ( 6 % )']]\n\nFollowing Text:\n( a ) following the issuance of the $ 1.0 billion of revenue bonds by the parish of st .\njohn the baptist , the proceeds were trusteed and will be disbursed to us upon our request for reimbursement of expenditures related to the garyville refinery expansion .\nthe trusteed funds are reflected as other noncurrent assets in the accompanying consolidated balance sheet as of december 31 , 2007. .\n\nQuestion: did the company increase it's quarterly dividend rate from 2007 to 2008?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAA/2018/page_88.pdf\n\nID: MAA/2018/page_88.pdf-3\n\nPrevious Text:\n5 .\nstock based compensation overview maa accounts for its stock based employee compensation plans in accordance with accounting standards governing stock based compensation .\nthese standards require an entity to measure the cost of employee services received in exchange for an award of an equity instrument based on the award's fair value on the grant date and recognize the cost over the period during which the employee is required to provide service in exchange for the award , which is generally the vesting period .\nany liability awards issued are remeasured at each reporting period .\nmaa 2019s stock compensation plans consist of a number of incentives provided to attract and retain independent directors , executive officers and key employees .\nincentives are currently granted under the second amended and restated 2013 stock incentive plan , or the stock plan , which was approved at the 2018 annual meeting of maa shareholders .\nthe stock plan allows for the grant of restricted stock and stock options up to 2000000 shares .\nmaa believes that such awards better align the interests of its employees with those of its shareholders .\ncompensation expense is generally recognized for service based restricted stock awards using the straight-line method over the vesting period of the shares regardless of cliff or ratable vesting distinctions .\ncompensation expense for market and performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end .\nadditionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited .\ncompensation expense for stock options is generally recognized on a straight-line basis over the requisite service period .\nmaa presents stock compensation expense in the consolidated statements of operations in \"general and administrative expenses\" .\ntotal compensation expense under the stock plan was $ 12.9 million , $ 10.8 million and $ 12.2 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nof these amounts , total compensation expense capitalized was $ 0.5 million , $ 0.2 million and $ 0.7 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nas of december 31 , 2018 , the total unrecognized compensation expense was $ 13.5 million .\nthis cost is expected to be recognized over the remaining weighted average period of 1.1 years .\ntotal cash paid for the settlement of plan shares totaled $ 2.9 million , $ 4.8 million and $ 2.0 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\ninformation concerning grants under the stock plan is provided below .\nrestricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years .\nservice based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant .\nmarket based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation .\nperformance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets .\nmaa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known .\nthe weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2018 , 2017 and 2016 , was $ 71.85 , $ 84.53 and $ 73.20 , respectively .\nthe following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2018 , 2017 and 2016: .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['risk free rate', '1.61% ( 1.61 % ) - 2.14% ( 2.14 % )', '0.65% ( 0.65 % ) - 1.57% ( 1.57 % )', '0.49% ( 0.49 % ) - 1.27% ( 1.27 % )'], ['dividend yield', '3.884% ( 3.884 % )', '3.573% ( 3.573 % )', '3.634% ( 3.634 % )'], ['volatility', '15.05% ( 15.05 % ) - 17.18% ( 17.18 % )', '20.43% ( 20.43 % ) - 21.85% ( 21.85 % )', '18.41% ( 18.41 % ) - 19.45% ( 19.45 % )'], ['requisite service period', '3 years', '3 years', '3 years']]\n\nFollowing Text:\nthe risk free rate was based on a zero coupon risk-free rate .\nthe minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2018 , 2017 and 2016 .\nthe maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2018 , 2017 and 2016 .\nthe dividend yield was based on the closing stock price of maa stock on the .\n\nQuestion: what was the percent of the change in the in the dividend yield from 2017 to 2018",
        "solution": "8.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2017/page_57.pdf\n\nID: CME/2017/page_57.pdf-6\n\nPrevious Text:\nrecognized total losses and expenses of $ 28.6 million , including a net loss on write-down to fair value of the assets and certain other transaction fees of $ 27.1 million within other expenses and $ 1.5 million of legal and other fees .\n2022 professional fees and outside services expense decreased in 2017 compared to 2016 , largely due to higher legal and regulatory fees in 2016 related to our business activities and product offerings as well as higher professional fees related to a greater reliance on consultants for security and systems enhancement work .\nthe overall decrease in operating expenses in 2017 when compared with 2016 was partially offset by the following increases : 2022 licensing and other fee sharing agreements expense increased due to higher expense resulting from incentive payments made to facilitate the transition of the russell contract open interest , as well as increased costs of revenue sharing agreements for certain licensed products .\nthe overall increase in 2017 was partially offset by lower expense related to revenue sharing agreements for certain equity and energy contracts due to lower volume for these products compared to 2016 .\n2022 compensation and benefits expense increased as a result of higher average headcount primarily in our international locations as well as normal cost of living adjustments .\n2016 compared with 2015 operating expenses increased by $ 54.4 million in 2016 when compared with 2015 .\nthe following table shows the estimated impact of key factors resulting in the net decrease in operating expenses .\n( dollars in millions ) over-year change change as a percentage of 2015 expenses .\n\nTable Data:\n[['( dollars in millions )', 'year-over-yearchange', 'change as apercentage of2015 expenses'], ['loss on datacenter and related legal fees', '$ 28.6', '2% ( 2 % )'], ['professional fees and outside services', '24.4', '2'], ['foreign currency exchange rate fluctuation', '13.2', '1'], ['licensing and other fee agreements', '12.0', '1'], ['reorganization severance and retirement costs', '-8.1 ( 8.1 )', '-1 ( 1 )'], ['real estate taxes and fees', '-10.0 ( 10.0 )', '-1 ( 1 )'], ['other expenses net', '-5.7 ( 5.7 )', '2014'], ['total', '$ 54.4', '4% ( 4 % )']]\n\nFollowing Text:\noverall operating expenses increased in 2016 when compared with 2015 due to the following reasons : 2022 in 2016 , we recognized total losses and expenses of $ 28.6 million , including a net loss on write-down to fair value of the assets and certain other transaction fees of $ 27.1 million within other expenses and $ 1.5 million of legal and other fees as a result of our sale and leaseback of our datacenter .\n2022 professional fees and outside services expense increased in 2016 largely due to an increase in legal and regulatory efforts related to our business activities and product offerings as well as an increase in professional fees related to a greater reliance on consultants for security and systems enhancement work .\n2022 in 2016 , we recognized a net loss of $ 24.5 million due to an unfavorable change in exchange rates on foreign cash balances , compared with a net loss of $ 11.3 million in 2015 .\n2022 licensing and other fee sharing agreements expense increased due to higher expense related to revenue sharing agreements for certain equity and energy contracts due to both higher volume and an increase in license rates for certain equity and energy products. .\n\nQuestion: what was the ratio of the net loss in 2016 to 2015",
        "solution": "2.17"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2006/page_31.pdf\n\nID: RE/2006/page_31.pdf-3\n\nPrevious Text:\ndevelopment of prior year incurred losses was $ 135.6 million unfavorable in 2006 , $ 26.4 million favorable in 2005 and $ 249.4 million unfavorable in 2004 .\nsuch losses were the result of the reserve development noted above , as well as inher- ent uncertainty in establishing loss and lae reserves .\nreserves for asbestos and environmental losses and loss adjustment expenses as of year end 2006 , 7.4% ( 7.4 % ) of reserves reflect an estimate for the company 2019s ultimate liability for a&e claims for which ulti- mate value cannot be estimated using traditional reserving techniques .\nthe company 2019s a&e liabilities stem from mt .\nmckinley 2019s direct insurance business and everest re 2019s assumed reinsurance business .\nthere are significant uncertainties in estimating the amount of the company 2019s potential losses from a&e claims .\nsee item 7 , 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014asbestos and environmental exposures 201d and note 3 of notes to consolidated financial statements .\nmt .\nmckinley 2019s book of direct a&e exposed insurance is relatively small and homogenous .\nit also arises from a limited period , effective 1978 to 1984 .\nthe book is based principally on excess liability policies , thereby limiting exposure analysis to a lim- ited number of policies and forms .\nas a result of this focused structure , the company believes that it is able to comprehen- sively analyze its exposures , allowing it to identify , analyze and actively monitor those claims which have unusual exposure , including policies in which it may be exposed to pay expenses in addition to policy limits or non-products asbestos claims .\nthe company endeavors to be actively engaged with every insured account posing significant potential asbestos exposure to mt .\nmckinley .\nsuch engagement can take the form of pursuing a final settlement , negotiation , litigation , or the monitoring of claim activity under settlement in place ( 201csip 201d ) agreements .\nsip agreements generally condition an insurer 2019s payment upon the actual claim experience of the insured and may have annual payment caps or other measures to control the insurer 2019s payments .\nthe company 2019s mt .\nmckinley operation is currently managing eight sip agreements , three of which were executed prior to the acquisition of mt .\nmckinley in 2000 .\nthe company 2019s preference with respect to coverage settlements is to exe- cute settlements that call for a fixed schedule of payments , because such settlements eliminate future uncertainty .\nthe company has significantly enhanced its classification of insureds by exposure characteristics over time , as well as its analysis by insured for those it considers to be more exposed or active .\nthose insureds identified as relatively less exposed or active are subject to less rigorous , but still active management , with an emphasis on monitoring those characteristics , which may indicate an increasing exposure or levels of activity .\nthe company continually focuses on further enhancement of the detailed estimation processes used to evaluate potential exposure of policyholders , including those that may not have reported significant a&e losses .\neverest re 2019s book of assumed reinsurance is relatively concentrated within a modest number of a&e exposed relationships .\nit also arises from a limited period , effectively 1977 to 1984 .\nbecause the book of business is relatively concentrated and the company has been managing the a&e exposures for many years , its claim staff is familiar with the ceding companies that have generated most of these liabilities in the past and which are therefore most likely to generate future liabilities .\nthe company 2019s claim staff has developed familiarity both with the nature of the business written by its ceding companies and the claims handling and reserving practices of those companies .\nthis level of familiarity enhances the quality of the company 2019s analysis of its exposure through those companies .\nas a result , the company believes that it can identify those claims on which it has unusual exposure , such as non-products asbestos claims , for concentrated attention .\nhowever , in setting reserves for its reinsurance liabilities , the company relies on claims data supplied , both formally and informally by its ceding companies and brokers .\nthis furnished information is not always timely or accurate and can impact the accuracy and timeli- ness of the company 2019s ultimate loss projections .\nthe following table summarizes the composition of the company 2019s total reserves for a&e losses , gross and net of reinsurance , for the years ended december 31: .\n\nTable Data:\n[['( dollars in millions )', '2006', '2005', '2004'], ['case reserves reported by ceding companies', '$ 135.6', '$ 125.2', '$ 148.5'], ['additional case reserves established by the company ( assumed reinsurance ) ( 1 )', '152.1', '157.6', '151.3'], ['case reserves established by the company ( direct insurance )', '213.7', '243.5', '272.1'], ['incurred but not reported reserves', '148.7', '123.3', '156.4'], ['gross reserves', '650.1', '649.6', '728.3'], ['reinsurance receivable', '-138.7 ( 138.7 )', '-199.1 ( 199.1 )', '-221.6 ( 221.6 )'], ['net reserves', '$ 511.4', '$ 450.5', '$ 506.7']]\n\nFollowing Text:\n( 1 ) additional reserves are case specific reserves determined by the company to be needed over and above those reported by the ceding company .\n81790fin_a 4/13/07 11:08 am page 15 .\n\nQuestion: what is the average gross reserves from 2004 to 2006 in millions",
        "solution": "676"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2007/page_171.pdf\n\nID: JPM/2007/page_171.pdf-1\n\nPrevious Text:\njpmorgan chase & co .\n/ 2007 annual report 169 for qualifying fair value hedges , all changes in the fair value of the derivative and in the fair value of the hedged item for the risk being hedged are recognized in earnings .\nif the hedge relationship is termi- nated , then the fair value adjustment to the hedged item continues to be reported as part of the basis of the item and continues to be amor- tized to earnings as a yield adjustment .\nfor qualifying cash flow hedges , the effective portion of the change in the fair value of the derivative is recorded in other comprehensive income and recognized in the consolidated statement of income when the hedged cash flows affect earnings .\nthe ineffective portions of cash flow hedges are immediately recognized in earnings .\nif the hedge relationship is terminated , then the change in fair value of the derivative recorded in other comprehensive income is recognized when the cash flows that were hedged occur , con- sistent with the original hedge strategy .\nfor hedge relationships discon- tinued because the forecasted transaction is not expected to occur according to the original strategy , any related derivative amounts recorded in other comprehensive income are immediately recognized in earnings .\nfor qualifying net investment hedges , changes in the fair value of the derivative or the revaluation of the foreign currency 2013denominated debt instrument are recorded in the translation adjustments account within other comprehensive income .\njpmorgan chase 2019s fair value hedges primarily include hedges of fixed- rate long-term debt , warehouse loans , afs securities , msrs and gold inventory .\ninterest rate swaps are the most common type of derivative contract used to modify exposure to interest rate risk , converting fixed-rate assets and liabilities to a floating-rate .\nprior to the adoption of sfas 156 , interest rate options , swaptions and forwards were also used in combination with interest rate swaps to hedge the fair value of the firm 2019s msrs in sfas 133 hedge relationships .\nfor a further discus- sion of msr risk management activities , see note 18 on pages 154 2013156 of this annual report .\nall amounts have been included in earnings consistent with the classification of the hedged item , primarily net interest income for long-term debt and afs securities ; mortgage fees and related income for msrs , other income for warehouse loans ; and principal transactions for gold inventory .\nthe firm did not recog- nize any gains or losses during 2007 , 2006 or 2005 on firm commit- ments that no longer qualify as fair value hedges .\njpmorgan chase also enters into derivative contracts to hedge expo- sure to variability in cash flows from floating-rate financial instruments and forecasted transactions , primarily the rollover of short-term assets and liabilities , and foreign currency 2013denominated revenue and expense .\ninterest rate swaps , futures and forward contracts are the most common instruments used to reduce the impact of interest rate and foreign exchange rate changes on future earnings .\nall amounts affecting earnings have been recognized consistent with the classifica- tion of the hedged item , primarily net interest income .\nthe firm uses forward foreign exchange contracts and foreign curren- cy 2013denominated debt instruments to protect the value of net invest- ments in subsidiaries , the functional currency of which is not the u.s .\ndollar .\nthe portion of the hedging instruments excluded from the assessment of hedge effectiveness ( forward points ) is recorded in net interest income .\nthe following table presents derivative instrument hedging-related activities for the periods indicated. .\n\nTable Data:\n[['year ended december 31 ( in millions )', '2007', '2006', '2005'], ['fair value hedge ineffective net gains/ ( losses ) ( a )', '$ 111', '$ 51', '$ -58 ( 58 )'], ['cash flow hedge ineffective net gains/ ( losses ) ( a )', '29', '2', '-2 ( 2 )'], ['cash flow hedging net gains/ ( losses ) on forecasted transactions that failed tooccur ( b )', '15', '2014', '2014']]\n\nFollowing Text:\nfair value hedge ineffective net gains/ ( losses ) ( a ) $ 111 $ 51 $ ( 58 ) cash flow hedge ineffective net gains/ ( losses ) ( a ) 29 2 ( 2 ) cash flow hedging net gains/ ( losses ) on forecasted transactions that failed to occur ( b ) 15 2014 2014 ( a ) includes ineffectiveness and the components of hedging instruments that have been excluded from the assessment of hedge effectiveness .\n( b ) during the second half of 2007 , the firm did not issue short-term fixed rate canadian dollar denominated notes due to the weak credit market for canadian short-term over the next 12 months , it is expected that $ 263 million ( after-tax ) of net losses recorded in other comprehensive income at december 31 , 2007 , will be recognized in earnings .\nthe maximum length of time over which forecasted transactions are hedged is 10 years , and such transactions primarily relate to core lending and borrowing activities .\njpmorgan chase does not seek to apply hedge accounting to all of the firm 2019s economic hedges .\nfor example , the firm does not apply hedge accounting to standard credit derivatives used to manage the credit risk of loans and commitments because of the difficulties in qualifying such contracts as hedges under sfas 133 .\nsimilarly , the firm does not apply hedge accounting to certain interest rate deriva- tives used as economic hedges. .\n\nQuestion: in 2007 what was the ratio of the fair value hedge ineffective net gains/ ( losses ) to the cash flow hedge ineffective net gains/ ( losses ) ( a )",
        "solution": "3.83"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PKG/2006/page_68.pdf\n\nID: PKG/2006/page_68.pdf-3\n\nPrevious Text:\npackaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 .\nstock-based compensation ( continued ) as of december 31 , 2006 , there was $ 8330000 of total unrecognized compensation costs related to the restricted stock awards .\nthe company expects to recognize the cost of these stock awards over a weighted-average period of 2.5 years .\n5 .\naccrued liabilities the components of accrued liabilities are as follows: .\n\nTable Data:\n[['( in thousands )', 'december 31 , 2006', 'december 31 , 2005'], ['bonuses and incentives', '$ 29822', '$ 21895'], ['medical insurance and workers 2019 compensation', '18279', '18339'], ['vacation and holiday pay', '14742', '14159'], ['customer volume discounts and rebates', '13777', '13232'], ['franchise and property taxes', '8432', '8539'], ['payroll and payroll taxes', '5465', '4772'], ['other', '9913', '5889'], ['total', '$ 100430', '$ 86825']]\n\nFollowing Text:\n6 .\nemployee benefit plans and other postretirement benefits in connection with the acquisition from pactiv , pca and pactiv entered into a human resources agreement which , among other items , granted pca employees continued participation in the pactiv pension plan for a period of up to five years following the closing of the acquisition for an agreed upon fee .\neffective january 1 , 2003 , pca adopted a mirror-image pension plan for eligible hourly employees to succeed the pactiv pension plan in which pca hourly employees had participated though december 31 , 2002 .\nthe pca pension plan for hourly employees recognizes service earned under both the pca plan and the prior pactiv plan .\nbenefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through december 31 , 2002 .\nall assets and liabilities associated with benefits earned through december 31 , 2002 for hourly employees and retirees of pca were retained by the pactiv plan .\neffective may 1 , 2004 , pca adopted a grandfathered pension plan for certain salaried employees who had previously participated in the pactiv pension plan pursuant to the above mentioned human resource agreement .\nthe benefit formula for the new pca pension plan for salaried employees is comparable to that of the pactiv plan except that the pca plan uses career average base pay in the benefit formula in lieu of final average base pay .\nthe pca pension plan for salaried employees recognizes service earned under both the pca plan and the prior pactiv plan .\nbenefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through april 30 , 2004 .\nall assets and liabilities associated with benefits earned through april 30 , 2004 for salaried employees and retirees of pca were retained by the pactiv plan .\npca maintains a supplemental executive retirement plan ( 201cserp 201d ) , which augments pension benefits for eligible executives ( excluding the ceo ) earned under the pca pension plan for salaried employees .\nbenefits are determined using the same formula as the pca pension plan but in addition to counting .\n\nQuestion: what was the percentage change in payroll and payroll taxes from 2005 to 2006?",
        "solution": "15%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2017/page_20.pdf\n\nID: UNP/2017/page_20.pdf-4\n\nPrevious Text:\nfive-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 .\nthe graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2012 and that all dividends were reinvested .\nthe information below is historical in nature and is not necessarily indicative of future performance .\npurchases of equity securities 2013 during 2017 , we repurchased 37122405 shares of our common stock at an average price of $ 110.50 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2017 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .\n\nTable Data:\n[['period', 'total number of shares purchased [a]', 'average price paid per share', 'total number of shares purchased as part of a publicly announcedplan or program [b]', 'maximum number of shares remaining under the plan or program [b]'], ['oct . 1 through oct . 31', '3831636', '$ 113.61', '3800000', '89078662'], ['nov . 1 through nov . 30', '3005225', '117.07', '2937410', '86141252'], ['dec . 1 through dec . 31', '2718319', '130.76', '2494100', '83647152'], ['total', '9555180', '$ 119.58', '9231510', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 323670 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] effective january 1 , 2017 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2020 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions. .\n\nQuestion: what percent of the total shares purchased during the fourth quarter of 2017 were purchased in december?",
        "solution": "28%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2018/page_83.pdf\n\nID: IP/2018/page_83.pdf-2\n\nPrevious Text:\n( a ) the net change in the total valuation allowance for the years ended december 31 , 2018 and 2017 was an increase of $ 12 million and an increase of $ 26 million , respectively .\ndeferred income tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred charges and other assets and deferred income taxes .\nthere was a decrease in deferred income tax assets principally relating to the utilization of u.s .\nfederal alternative minimum tax credits as permitted under tax reform .\ndeferred tax liabilities increased primarily due to the tax deferral of the book gain recognized on the transfer of the north american consumer packaging business to a subsidiary of graphic packaging holding company .\nof the $ 1.5 billion of deferred tax liabilities for forestlands , related installment sales , and investment in subsidiary , $ 884 million is attributable to an investment in subsidiary and relates to a 2006 international paper installment sale of forestlands and $ 538 million is attributable to a 2007 temple-inland installment sale of forestlands ( see note 14 ) .\na reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended december 31 , 2018 , 2017 and 2016 is as follows: .\n\nTable Data:\n[['in millions', '2018', '2017', '2016'], ['balance at january 1', '$ -188 ( 188 )', '$ -98 ( 98 )', '$ -150 ( 150 )'], ['( additions ) reductions based on tax positions related to current year', '-7 ( 7 )', '-54 ( 54 )', '-4 ( 4 )'], ['( additions ) for tax positions of prior years', '-37 ( 37 )', '-40 ( 40 )', '-3 ( 3 )'], ['reductions for tax positions of prior years', '5', '4', '33'], ['settlements', '2', '6', '19'], ['expiration of statutes oflimitations', '2', '1', '5'], ['currency translation adjustment', '3', '-7 ( 7 )', '2'], ['balance at december 31', '$ -220 ( 220 )', '$ -188 ( 188 )', '$ -98 ( 98 )']]\n\nFollowing Text:\nif the company were to prevail on the unrecognized tax benefits recorded , substantially all of the balances at december 31 , 2018 , 2017 and 2016 would benefit the effective tax rate .\nthe company accrues interest on unrecognized tax benefits as a component of interest expense .\npenalties , if incurred , are recognized as a component of income tax expense .\nthe company had approximately $ 21 million and $ 17 million accrued for the payment of estimated interest and penalties associated with unrecognized tax benefits at december 31 , 2018 and 2017 , respectively .\nthe major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .\ngenerally , tax years 2006 through 2017 remain open and subject to examination by the relevant tax authorities .\nthe company frequently faces challenges regarding the amount of taxes due .\nthese challenges include positions taken by the company related to the timing , nature , and amount of deductions and the allocation of income among various tax jurisdictions .\npending audit settlements and the expiration of statute of limitations could reduce the uncertain tax positions by $ 30 million during the next twelve months .\nthe brazilian federal revenue service has challenged the deductibility of goodwill amortization generated in a 2007 acquisition by international paper do brasil ltda. , a wholly-owned subsidiary of the company .\nthe company received assessments for the tax years 2007-2015 totaling approximately $ 150 million in tax , and $ 380 million in interest and penalties as of december 31 , 2018 ( adjusted for variation in currency exchange rates ) .\nafter a previous favorable ruling challenging the basis for these assessments , we received an unfavorable decision in october 2018 from the brazilian administrative council of tax appeals .\nthe company intends to further appeal the matter in the brazilian federal courts in 2019 ; however , this tax litigation matter may take many years to resolve .\nthe company believes that it has appropriately evaluated the transaction underlying these assessments , and has concluded based on brazilian tax law , that its tax position would be sustained .\nthe company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for tax years subsequent to 2015 .\ninternational paper uses the flow-through method to account for investment tax credits earned on eligible open-loop biomass facilities and combined heat and power system expenditures .\nunder this method , the investment tax credits are recognized as a reduction to income tax expense in the year they are earned rather than a reduction in the asset basis .\nthe company recorded a tax benefit of $ 6 million during 2018 and recorded a tax benefit of $ 68 million during 2017 related to investment tax credits earned in tax years 2013-2017. .\n\nQuestion: unrecognized tax benefits change by what percent between 2016 and 2017?",
        "solution": "92%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2010/page_109.pdf\n\nID: CME/2010/page_109.pdf-5\n\nPrevious Text:\ninterest rate derivatives .\nin connection with the issuance of floating rate debt in august and october 2008 , the company entered into three interest rate swap contracts , designated as cash flow hedges , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate .\nin december 2010 , the company approved a plan to refinance the term loan in january 2011 resulting in an $ 8.6 million loss on derivative instruments as a result of ineffectiveness on the associated interest rate swap contract .\nto mitigate counterparty credit risk , the interest rate swap contracts required collateralization by both counterparties for the swaps 2019 aggregate net fair value during their respective terms .\ncollateral was maintained in the form of cash and adjusted on a daily basis .\nin february 2010 , the company entered into a forward starting interest rate swap contract , designated as a cash flow hedge , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate between the date of the swap and the forecasted issuance of fixed rate debt in march 2010 .\nthe swap was highly effective .\nforeign currency derivatives .\nin connection with its purchase of bm&fbovespa stock in february 2008 , cme group purchased a put option to hedge against changes in the fair value of bm&fbovespa stock resulting from foreign currency rate fluctuations between the u.s .\ndollar and the brazilian real ( brl ) beyond the option 2019s exercise price .\nlehman brothers special financing inc .\n( lbsf ) was the sole counterparty to this option contract .\non september 15 , 2008 , lehman brothers holdings inc .\n( lehman ) filed for protection under chapter 11 of the united states bankruptcy code .\nthe bankruptcy filing of lehman was an event of default that gave the company the right to immediately terminate the put option agreement with lbsf .\nin march 2010 , the company recognized a $ 6.0 million gain on derivative instruments as a result of a settlement from the lehman bankruptcy proceedings .\n21 .\ncapital stock shares outstanding .\nthe following table presents information regarding capital stock: .\n\nTable Data:\n[['( in thousands )', 'december 31 , 2010', 'december 31 , 2009'], ['shares authorized', '1000000', '1000000'], ['class a common stock', '66847', '66511'], ['class b-1 common stock', '0.6', '0.6'], ['class b-2 common stock', '0.8', '0.8'], ['class b-3 common stock', '1.3', '1.3'], ['class b-4 common stock', '0.4', '0.4']]\n\nFollowing Text:\ncme group has no shares of preferred stock issued and outstanding .\nassociated trading rights .\nmembers of cme , cbot , nymex and comex own or lease trading rights which entitle them to access the trading floors , discounts on trading fees and the right to vote on certain exchange matters as provided for by the rules of the particular exchange and cme group 2019s or the subsidiaries 2019 organizational documents .\neach class of cme group class b common stock is associated with a membership in a specific division for trading at cme .\na cme trading right is a separate asset that is not part of or evidenced by the associated share of class b common stock of cme group .\nthe class b common stock of cme group is intended only to ensure that the class b shareholders of cme group retain rights with respect to representation on the board of directors and approval rights with respect to the core rights described below .\ntrading rights at cbot are evidenced by class b memberships in cbot , at nymex by class a memberships in nymex and at comex by comex division memberships in comex .\nmembers of the cbot , nymex and comex exchanges do not have any rights to elect members of the board of directors and are not entitled to receive dividends or other distributions on their memberships .\nthe company is , however , required to have at least 10 cbot directors ( as defined by its bylaws ) until its 2012 annual meeting. .\n\nQuestion: what is the percentage of class b-3 common stock in relation with the total class b common stocks in 2009?",
        "solution": "41.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2013/page_35.pdf\n\nID: UNP/2013/page_35.pdf-3\n\nPrevious Text:\n2013 2012 2011 .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['track miles of rail replaced', '834', '964', '895'], ['track miles of rail capacity expansion', '97', '139', '69'], ['new ties installed ( thousands )', '3870', '4436', '3785'], ['miles of track surfaced', '11017', '11049', '11284']]\n\nFollowing Text:\ncapital plan 2013 in 2014 , we expect our total capital investments to be approximately $ 3.9 billion , which may be revised if business conditions or the regulatory environment affect our ability to generate sufficient returns on these investments .\nwhile the number of our assets replaced will fluctuate as part of our replacement strategy , for 2014 we expect to use over 60% ( 60 % ) of our capital investments to replace and improve existing capital assets .\namong our major investment categories are replacing and improving track infrastructure and upgrading our locomotive , freight car and container fleets , including the acquisition of 200 locomotives .\nadditionally , we will continue increasing our network and terminal capacity , especially in the southern region , and balancing terminal capacity with more mainline capacity .\nconstruction of a major rail facility at santa teresa , new mexico , will be completed in 2014 and will include a run-through and fueling facility as well as an intermodal ramp .\nwe also plan to make significant investments in technology improvements , including approximately $ 450 million for ptc .\nwe expect to fund our 2014 cash capital investments by using some or all of the following : cash generated from operations , proceeds from the sale or lease of various operating and non-operating properties , proceeds from the issuance of long-term debt , and cash on hand .\nour annual capital plan is a critical component of our long-term strategic plan , which we expect will enhance the long-term value of the corporation for our shareholders by providing sufficient resources to ( i ) replace and improve our existing track infrastructure to provide safe and fluid operations , ( ii ) increase network efficiency by adding or improving facilities and track , and ( iii ) make investments that meet customer demand and take advantage of opportunities for long-term growth .\nfinancing activities cash used in financing activities increased in 2013 versus 2012 , driven by a $ 744 million increase for the repurchase of shares under our common stock repurchase program and higher dividend payments in 2013 of $ 1.3 billion compared to $ 1.1 billion in 2012 .\nwe increased our debt levels in 2013 , which partially offset the increase in cash used in financing activities .\ncash used in financing activities increased in 2012 versus 2011 .\ndividend payments in 2012 increased by $ 309 million , reflecting our higher dividend rate , and common stock repurchases increased by $ 56 million .\nour debt levels did not materially change from 2011 after a decline in debt levels from 2010 .\ntherefore , less cash was used in 2012 for debt activity than in 2011 .\ndividends 2013 on february 6 , 2014 , we increased the quarterly dividend to $ 0.91 per share , payable on april 1 , 2014 , to shareholders of record on february 28 , 2014 .\nwe expect to fund the increase in the quarterly dividend through cash generated from operations and cash on hand at december 31 , 2013 .\ncredit facilities 2013 on december 31 , 2013 , we had $ 1.8 billion of credit available under our revolving credit facility ( the facility ) , which is designated for general corporate purposes and supports the issuance of commercial paper .\nwe did not draw on the facility during 2013 .\ncommitment fees and interest rates payable under the facility are similar to fees and rates available to comparably rated , investment-grade borrowers .\nthe facility allows for borrowings at floating rates based on london interbank offered rates , plus a spread , depending upon credit ratings for our senior unsecured debt .\nthe facility matures in 2015 under a four year term and requires the corporation to maintain a debt-to-net-worth coverage ratio as a condition to making a borrowing .\nat december 31 , 2013 , and december 31 , 2012 ( and at all times during the year ) , we were in compliance with this covenant .\nthe definition of debt used for purposes of calculating the debt-to-net-worth coverage ratio includes , among other things , certain credit arrangements , capital leases , guarantees and unfunded and vested pension benefits under title iv of erisa .\nat december 31 , 2013 , the debt-to-net-worth coverage ratio allowed us to carry up to $ 42.4 billion of debt ( as defined in the facility ) , and we had $ 9.9 billion of debt ( as defined in the facility ) outstanding at that date .\nunder our current capital plans , we expect to continue to satisfy the debt-to-net-worth coverage ratio ; however , many factors beyond our reasonable control .\n\nQuestion: what was the difference in track miles of rail replaced between 2011 and 2012?",
        "solution": "69"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2017/page_22.pdf\n\nID: DISCA/2017/page_22.pdf-1\n\nPrevious Text:\nour international networks segment also owns and operates the following regional television networks , which reached the following number of subscribers and viewers via pay and fta or broadcast networks , respectively , as of december 31 , 2017 : television service international subscribers/viewers ( millions ) .\n\nTable Data:\n[['', 'television service', 'internationalsubscribers/viewers ( millions )'], ['quest', 'fta', '66'], ['dsport', 'fta', '43'], ['nordic broadcast networks ( a )', 'broadcast', '34'], ['quest red', 'fta', '27'], ['giallo', 'fta', '25'], ['frisbee', 'fta', '25'], ['focus', 'fta', '25'], ['k2', 'fta', '25'], ['nove', 'fta', '25'], ['discovery hd world', 'pay', '17'], ['dkiss', 'pay', '15'], ['shed', 'pay', '12'], ['discovery hd theater', 'pay', '11'], ['discovery history', 'pay', '10'], ['discovery civilization', 'pay', '8'], ['discovery world', 'pay', '6'], ['discovery en espanol ( u.s. )', 'pay', '6'], ['discovery familia ( u.s. )', 'pay', '6'], ['discovery historia', 'pay', '6']]\n\nFollowing Text:\n( a ) number of subscribers corresponds to the sum of the subscribers to each of the nordic broadcast networks in sweden , norway , finland and denmark subject to retransmission agreements with pay-tv providers .\nthe nordic broadcast networks include kanal 5 , kanal 9 , and kanal 11 in sweden , tv norge , max , fem and vox in norway , tv 5 , kutonen , and frii in finland , and kanal 4 , kanal 5 , 6'eren , and canal 9 in denmark .\nsimilar to u.s .\nnetworks , a significant source of revenue for international networks relates to fees charged to operators who distribute our linear networks .\nsuch operators primarily include cable and dth satellite service providers , internet protocol television ( \"iptv\" ) and over-the-top operators ( \"ott\" ) .\ninternational television markets vary in their stages of development .\nsome markets , such as the u.k. , are more advanced digital television markets , while others remain in the analog environment with varying degrees of investment from operators to expand channel capacity or convert to digital technologies .\ncommon practice in international markets results in long-term contractual distribution relationships with terms generally shorter than similar customers in the u.s .\ndistribution revenue for our international networks segment is largely dependent on the number of subscribers that receive our networks or content , the rates negotiated in the distributor agreements , and the market demand for the content that we provide .\nthe other significant source of revenue for international networks relates to advertising sold on our television networks and across other distribution platforms , similar to u.s .\nnetworks .\nadvertising revenue is dependent upon a number of factors , including the development of pay and fta television markets , the number of subscribers to and viewers of our channels , viewership demographics , the popularity of our programming , and our ability to sell commercial time over all media platforms .\nin certain markets , our advertising sales business operates with in-house sales teams , while we rely on external sales representation services in other markets .\nduring 2017 , distribution , advertising and other revenues were 57% ( 57 % ) , 41% ( 41 % ) and 2% ( 2 % ) , respectively , of total net revenues for this segment .\nwhile the company has traditionally operated cable networks , in recent years an increasing portion of the company's international advertising revenue is generated by fta or broadcast networks , unlike u.s .\nnetworks .\nduring 2017 , fta or broadcast networks generated 54% ( 54 % ) of international networks' advertising revenue and pay-tv networks generated 46% ( 46 % ) of international networks' advertising revenue .\ninternational networks' largest cost is content expense for localized programming disseminated via more than 400 unique distribution feeds .\nwhile our international networks segment maximizes the use of programming from u.s .\nnetworks , we also develop local programming that is tailored to individual market preferences and license the rights to air films , television series and sporting events from third parties .\ninternational networks amortizes the cost of capitalized content rights based on the proportion of current estimated revenues relative to the estimated remaining total lifetime revenues , which results in either an accelerated method or a straight-line method over the estimated useful lives of the content of up to five years .\ncontent acquired from u.s .\nnetworks and content developed locally airing on the same network is amortized similarly , as amortization rates vary by network .\nmore than half of international networks' content is amortized using an accelerated amortization method , while the remainder is amortized on a straight-line basis .\nthe costs for multi-year sports programming arrangements are expensed when the event is broadcast based on the estimated relative value of each component of the arrangement .\nwhile international networks and u.s .\nnetworks have similarities with respect to the nature of operations , the generation of revenue and the categories of expense , international networks have a lower segment margin due to lower economies of scale from being in over 220 markets requiring additional cost for localization to satisfy market variations .\ninternational networks also include sports and fta broadcast channels , which drive higher costs from sports rights and production and investment in broad entertainment programming for broadcast networks .\non june 23 , 2016 , the u.k .\nheld a referendum in which voters approved an exit from the european union ( 201ce.u . 201d ) , commonly referred to as 201cbrexit . 201d after a preliminary phase of negotiations towards the end of 2017 , the u.k .\ngovernment and the e.u .\nwill in 2018 negotiate the main principles of the u.k . 2019s future relationship with the e.u. , as well as a transitional period .\nbrexit may have an adverse impact on advertising , subscribers , distributors and employees , as described in item 1a , risk factors , below .\nwe continue to monitor the situation and plan for potential effects to our distribution and licensing agreements , unusual foreign currency exchange rate fluctuations , and changes to the legal and regulatory landscape .\neducation and other education and other generated revenues of $ 158 million during 2017 , which represented 2% ( 2 % ) of our total consolidated revenues .\neducation is comprised of curriculum-based product and service offerings and generates revenues primarily from subscriptions charged to k-12 schools for access to an online suite of curriculum-based vod tools , professional development services , digital textbooks and , to a lesser extent , student assessments and publication of hard copy curriculum-based content .\nother is comprised of our wholly-owned production studio , which provides services to our u.s .\nnetworks and international networks segments at cost .\non february 26 , 2018 , the company announced the planned sale of a controlling equity stake in its education business in the first half of 2018 , to francisco partners for cash of $ 120 million .\nno loss is expected upon sale .\nthe company will retain an equity interest .\nadditionally , the company will have ongoing license agreements which are considered to be at fair value .\nas of december 31 , 2017 , the company determined that the education business did not meet the held for sale criteria , as defined in gaap as management had not committed to a plan to sell the assets .\non april 28 , 2017 , the company sold raw and betty to all3media .\nall3media is a u.k .\nbased television , film and digital production and distribution company .\nthe company owns 50% ( 50 % ) of all3media and accounts for its investment in all3media under the equity method of accounting .\nraw and betty were components of the studios operating segment reported with education and other .\non november 12 , 2015 , we paid $ 195 million to acquire 5 million shares , or approximately 3% ( 3 % ) , of lions gate entertainment corp .\n( \"lionsgate\" ) , an entertainment company involved in the production of movies and television which is accounted for as an available-for-sale ( \"afs\" ) security .\nduring 2016 , we determined that the decline in value of our investment in lionsgate is other- than-temporary in nature and , as such , the cost basis was adjusted to the fair value of the investment as of september 30 , 2016 .\n( see note 4 to the accompanying consolidated financial statements. ) content development our content development strategy is designed to increase viewership , maintain innovation and quality leadership , and provide value for our network distributors and advertising customers .\nour content is sourced from a wide range of third-party producers , which include some of the world 2019s leading nonfiction production companies , as well as independent producers and wholly-owned production studios .\nour production arrangements fall into three categories : produced , coproduced and licensed .\nproduced content includes content that we engage third parties or wholly owned production studios to develop and produce .\nwe retain editorial control and own most or all of the rights , in exchange for paying all development and production costs .\nproduction of digital-first content such as virtual reality and short-form video is typically done through wholly-owned production studios .\ncoproduced content refers to program rights on which we have collaborated with third parties to finance and develop either because at times world-wide rights are not available for acquisition or we save costs by collaborating with third parties .\nlicensed content is comprised of films or .\n\nQuestion: how many combined subscribers and viewers in millions do the top 2 pay distributed television services discovery hd world and dkiss have?",
        "solution": "32"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2012/page_55.pdf\n\nID: UNP/2012/page_55.pdf-1\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations operations and segmentation 2013 we are a class i railroad operating in the u.s .\nour network includes 31868 route miles , linking pacific coast and gulf coast ports with the midwest and eastern u.s .\ngateways and providing several corridors to key mexican gateways .\nwe own 26020 miles and operate on the remainder pursuant to trackage rights or leases .\nwe serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough we provide and review revenue by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network .\nthe following table provides freight revenue by commodity group : millions 2012 2011 2010 .\n\nTable Data:\n[['millions', '2012', '2011', '2010'], ['agricultural', '$ 3280', '$ 3324', '$ 3018'], ['automotive', '1807', '1510', '1271'], ['chemicals', '3238', '2815', '2425'], ['coal', '3912', '4084', '3489'], ['industrial products', '3494', '3166', '2639'], ['intermodal', '3955', '3609', '3227'], ['total freight revenues', '$ 19686', '$ 18508', '$ 16069'], ['other revenues', '1240', '1049', '896'], ['total operatingrevenues', '$ 20926', '$ 19557', '$ 16965']]\n\nFollowing Text:\nalthough our revenues are principally derived from customers domiciled in the u.s. , the ultimate points of origination or destination for some products transported by us are outside the u.s .\neach of our commodity groups includes revenue from shipments to and from mexico .\nincluded in the above table are revenues from our mexico business which amounted to $ 1.9 billion in 2012 , $ 1.8 billion in 2011 , and $ 1.6 billion in 2010 .\nbasis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the u.s .\n( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) .\n2 .\nsignificant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries .\ninvestments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting .\nall intercompany transactions are eliminated .\nwe currently have no less than majority-owned investments that require consolidation under variable interest entity requirements .\ncash and cash equivalents 2013 cash equivalents consist of investments with original maturities of three months or less .\naccounts receivable 2013 accounts receivable includes receivables reduced by an allowance for doubtful accounts .\nthe allowance is based upon historical losses , credit worthiness of customers , and current economic conditions .\nreceivables not expected to be collected in one year and the associated allowances are classified as other assets in our consolidated statements of financial position. .\n\nQuestion: did freight revenue in the agricultural group increase at a faster pace in 2012 than in the automotive business?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_86.pdf\n\nID: LMT/2015/page_86.pdf-1\n\nPrevious Text:\n2015 and 2014 was $ 1.5 billion and $ 1.3 billion .\nthe aggregate notional amount of our outstanding foreign currency hedges at december 31 , 2015 and 2014 was $ 4.1 billion and $ 804 million .\nderivative instruments did not have a material impact on net earnings and comprehensive income during 2015 , 2014 and 2013 .\nsubstantially all of our derivatives are designated for hedge accounting .\nsee note 16 for more information on the fair value measurements related to our derivative instruments .\nrecent accounting pronouncements 2013 in may 2014 , the fasb issued a new standard that will change the way we recognize revenue and significantly expand the disclosure requirements for revenue arrangements .\non july 9 , 2015 , the fasb approved a one-year deferral of the effective date of the standard to 2018 for public companies , with an option that would permit companies to adopt the standard in 2017 .\nearly adoption prior to 2017 is not permitted .\nthe new standard may be adopted either retrospectively or on a modified retrospective basis whereby the new standard would be applied to new contracts and existing contracts with remaining performance obligations as of the effective date , with a cumulative catch-up adjustment recorded to beginning retained earnings at the effective date for existing contracts with remaining performance obligations .\nin addition , the fasb is contemplating making additional changes to certain elements of the new standard .\nwe are currently evaluating the methods of adoption allowed by the new standard and the effect the standard is expected to have on our consolidated financial statements and related disclosures .\nas the new standard will supersede substantially all existing revenue guidance affecting us under gaap , it could impact revenue and cost recognition on thousands of contracts across all our business segments , in addition to our business processes and our information technology systems .\nas a result , our evaluation of the effect of the new standard will extend over future periods .\nin september 2015 , the fasb issued a new standard that simplifies the accounting for adjustments made to preliminary amounts recognized in a business combination by eliminating the requirement to retrospectively account for those adjustments .\ninstead , adjustments will be recognized in the period in which the adjustments are determined , including the effect on earnings of any amounts that would have been recorded in previous periods if the accounting had been completed at the acquisition date .\nwe adopted the standard on january 1 , 2016 and will prospectively apply the standard to business combination adjustments identified after the date of adoption .\nin november 2015 , the fasb issued a new standard that simplifies the presentation of deferred income taxes and requires that deferred tax assets and liabilities , as well as any related valuation allowance , be classified as noncurrent in our consolidated balance sheets .\nthe standard is effective january 1 , 2017 , with early adoption permitted .\nthe standard may be applied either prospectively from the date of adoption or retrospectively to all prior periods presented .\nwe are currently evaluating when we will adopt the standard and the method of adoption .\nnote 2 2013 earnings per share the weighted average number of shares outstanding used to compute earnings per common share were as follows ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['weighted average common shares outstanding for basic computations', '310.3', '316.8', '320.9'], ['weighted average dilutive effect of equity awards', '4.4', '5.6', '5.6'], ['weighted average common shares outstanding for diluted computations', '314.7', '322.4', '326.5']]\n\nFollowing Text:\nwe compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented .\nour calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units and exercise of outstanding stock options based on the treasury stock method .\nthe computation of diluted earnings per common share excluded 2.4 million stock options for the year ended december 31 , 2013 because their inclusion would have been anti-dilutive , primarily due to their exercise prices exceeding the average market prices of our common stock during the respective periods .\nthere were no anti-dilutive equity awards for the years ended december 31 , 2015 and 2014. .\n\nQuestion: what was the change in weighted average common shares outstanding for diluted computations from 2013 to 2014 , in millions?",
        "solution": "-4.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAT/2017/page_136.pdf\n\nID: CAT/2017/page_136.pdf-3\n\nPrevious Text:\n2017 form 10-k | 115 and $ 1088 million , respectively , were primarily comprised of loans to dealers , and the spc 2019s liabilities of $ 1106 million and $ 1087 million , respectively , were primarily comprised of commercial paper .\nthe assets of the spc are not available to pay cat financial 2019s creditors .\ncat financial may be obligated to perform under the guarantee if the spc experiences losses .\nno loss has been experienced or is anticipated under this loan purchase agreement .\ncat financial is party to agreements in the normal course of business with selected customers and caterpillar dealers in which they commit to provide a set dollar amount of financing on a pre- approved basis .\nthey also provide lines of credit to certain customers and caterpillar dealers , of which a portion remains unused as of the end of the period .\ncommitments and lines of credit generally have fixed expiration dates or other termination clauses .\nit has been cat financial 2019s experience that not all commitments and lines of credit will be used .\nmanagement applies the same credit policies when making commitments and granting lines of credit as it does for any other financing .\ncat financial does not require collateral for these commitments/ lines , but if credit is extended , collateral may be required upon funding .\nthe amount of the unused commitments and lines of credit for dealers as of december 31 , 2017 and 2016 was $ 10993 million and $ 12775 million , respectively .\nthe amount of the unused commitments and lines of credit for customers as of december 31 , 2017 and 2016 was $ 3092 million and $ 3340 million , respectively .\nour product warranty liability is determined by applying historical claim rate experience to the current field population and dealer inventory .\ngenerally , historical claim rates are based on actual warranty experience for each product by machine model/engine size by customer or dealer location ( inside or outside north america ) .\nspecific rates are developed for each product shipment month and are updated monthly based on actual warranty claim experience. .\n\nTable Data:\n[['( millions of dollars )', '2017', '2016'], ['warranty liability january 1', '$ 1258', '$ 1354'], ['reduction in liability ( payments )', '-860 ( 860 )', '-909 ( 909 )'], ['increase in liability ( new warranties )', '1021', '813'], ['warranty liability december 31', '$ 1419', '$ 1258']]\n\nFollowing Text:\n22 .\nenvironmental and legal matters the company is regulated by federal , state and international environmental laws governing our use , transport and disposal of substances and control of emissions .\nin addition to governing our manufacturing and other operations , these laws often impact the development of our products , including , but not limited to , required compliance with air emissions standards applicable to internal combustion engines .\nwe have made , and will continue to make , significant research and development and capital expenditures to comply with these emissions standards .\nwe are engaged in remedial activities at a number of locations , often with other companies , pursuant to federal and state laws .\nwhen it is probable we will pay remedial costs at a site , and those costs can be reasonably estimated , the investigation , remediation , and operating and maintenance costs are accrued against our earnings .\ncosts are accrued based on consideration of currently available data and information with respect to each individual site , including available technologies , current applicable laws and regulations , and prior remediation experience .\nwhere no amount within a range of estimates is more likely , we accrue the minimum .\nwhere multiple potentially responsible parties are involved , we consider our proportionate share of the probable costs .\nin formulating the estimate of probable costs , we do not consider amounts expected to be recovered from insurance companies or others .\nwe reassess these accrued amounts on a quarterly basis .\nthe amount recorded for environmental remediation is not material and is included in accrued expenses .\nwe believe there is no more than a remote chance that a material amount for remedial activities at any individual site , or at all the sites in the aggregate , will be required .\non january 7 , 2015 , the company received a grand jury subpoena from the u.s .\ndistrict court for the central district of illinois .\nthe subpoena requests documents and information from the company relating to , among other things , financial information concerning u.s .\nand non-u.s .\ncaterpillar subsidiaries ( including undistributed profits of non-u.s .\nsubsidiaries and the movement of cash among u.s .\nand non-u.s .\nsubsidiaries ) .\nthe company has received additional subpoenas relating to this investigation requesting additional documents and information relating to , among other things , the purchase and resale of replacement parts by caterpillar inc .\nand non-u.s .\ncaterpillar subsidiaries , dividend distributions of certain non-u.s .\ncaterpillar subsidiaries , and caterpillar sarl and related structures .\non march 2-3 , 2017 , agents with the department of commerce , the federal deposit insurance corporation and the internal revenue service executed search and seizure warrants at three facilities of the company in the peoria , illinois area , including its former corporate headquarters .\nthe warrants identify , and agents seized , documents and information related to , among other things , the export of products from the united states , the movement of products between the united states and switzerland , the relationship between caterpillar inc .\nand caterpillar sarl , and sales outside the united states .\nit is the company 2019s understanding that the warrants , which concern both tax and export activities , are related to the ongoing grand jury investigation .\nthe company is continuing to cooperate with this investigation .\nthe company is unable to predict the outcome or reasonably estimate any potential loss ; however , we currently believe that this matter will not have a material adverse effect on the company 2019s consolidated results of operations , financial position or liquidity .\non march 20 , 2014 , brazil 2019s administrative council for economic defense ( cade ) published a technical opinion which named 18 companies and over 100 individuals as defendants , including two subsidiaries of caterpillar inc. , mge - equipamentos e servi e7os ferrovi e1rios ltda .\n( mge ) and caterpillar brasil ltda .\nthe publication of the technical opinion opened cade 2019s official administrative investigation into allegations that the defendants participated in anticompetitive bid activity for the construction and maintenance of metro and train networks in brazil .\nwhile companies cannot be .\n\nQuestion: what is the net change in warranty liability during 2017?",
        "solution": "161"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2017/page_143.pdf\n\nID: AWK/2017/page_143.pdf-3\n\nPrevious Text:\nthe table below summarizes activity of rsus with performance conditions for the year ended december 31 , shares ( in thousands ) weighted average grant date fair value ( per share ) .\n\nTable Data:\n[['', 'shares ( in thousands )', 'weightedaverage grantdate fair value ( per share )'], ['non-vested total as of december 31 2016', '309', '$ 55.94'], ['granted', '186', '63.10'], ['vested', '-204 ( 204 )', '46.10'], ['forfeited', '-10 ( 10 )', '70.50'], ['non-vested total as of december 31 2017', '281', '$ 67.33']]\n\nFollowing Text:\nas of december 31 , 2017 , $ 6 million of total unrecognized compensation cost related to the nonvested rsus , with and without performance conditions , is expected to be recognized over the weighted-average remaining life of 1.5 years .\nthe total fair value of rsus , with and without performance conditions , vested was $ 16 million , $ 14 million and $ 12 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .\nif dividends are paid with respect to shares of the company 2019s common stock before the rsus are distributed , the company credits a liability for the value of the dividends that would have been paid if the rsus were shares of company common stock .\nwhen the rsus are distributed , the company pays the participant a lump sum cash payment equal to the value of the dividend equivalents accrued .\nthe company accrued dividend equivalents totaling less than $ 1 million , $ 1 million and $ 1 million to accumulated deficit in the accompanying consolidated statements of changes in stockholders 2019 equity for the years ended december 31 , 2017 , 2016 and 2015 , respectively .\nemployee stock purchase plan the company maintains a nonqualified employee stock purchase plan ( the 201cespp 201d ) through which employee participants may use payroll deductions to acquire company common stock at the lesser of 90% ( 90 % ) of the fair market value of the common stock at either the beginning or the end of a three-month purchase period .\non february 15 , 2017 , the board adopted the american water works company , inc .\nand its designated subsidiaries 2017 nonqualified employee stock purchase plan , which was approved by stockholders on may 12 , 2017 and took effect on august 5 , 2017 .\nthe prior plan was terminated as to new purchases of company stock effective august 31 , 2017 .\nas of december 31 , 2017 , there were 2.0 million shares of common stock reserved for issuance under the espp .\nthe espp is considered compensatory .\nduring the years ended december 31 , 2017 , 2016 and 2015 , the company issued 93 thousand , 93 thousand and 98 thousand shares , respectively , under the espp. .\n\nQuestion: based on the weighted average grant date fair value ( per share ) , what was the total granted rsu cost during 2017?",
        "solution": "$ 11736600.00 \\\\n"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2004/page_122.pdf\n\nID: HIG/2004/page_122.pdf-3\n\nPrevious Text:\nthe following table identifies the company 2019s aggregate contractual obligations due by payment period : payments due by period .\n\nTable Data:\n[['', 'total', 'less than 1 year', '1-3 years', '3-5 years', 'more than 5 years'], ['property and casualty obligations [1]', '$ 21885', '$ 5777', '$ 6150', '$ 3016', '$ 6942'], ['life annuity and disability obligations [2]', '281998', '18037', '37318', '40255', '186388'], ['long-term debt obligations [3]', '9093', '536', '1288', '1613', '5656'], ['operating lease obligations', '723', '175', '285', '162', '101'], ['purchase obligations [4] [5]', '1764', '1614', '120', '14', '16'], ['other long-term liabilities reflected onthe balance sheet [6] [7]', '1642', '1590', '2014', '52', '2014'], ['total', '$ 317105', '$ 27729', '$ 45161', '$ 45112', '$ 199103']]\n\nFollowing Text:\n[1] the following points are significant to understanding the cash flows estimated for obligations under property and casualty contracts : reserves for property & casualty unpaid claim and claim adjustment expenses include case reserves for reported claims and reserves for claims incurred but not reported ( ibnr ) .\nwhile payments due on claim reserves are considered contractual obligations because they relate to insurance policies issued by the company , the ultimate amount to be paid to settle both case reserves and ibnr is an estimate , subject to significant uncertainty .\nthe actual amount to be paid is not determined until the company reaches a settlement with the claimant .\nfinal claim settlements may vary significantly from the present estimates , particularly since many claims will not be settled until well into the future .\nin estimating the timing of future payments by year , the company has assumed that its historical payment patterns will continue .\nhowever , the actual timing of future payments will likely vary materially from these estimates due to , among other things , changes in claim reporting and payment patterns and large unanticipated settlements .\nin particular , there is significant uncertainty over the claim payment patterns of asbestos and environmental claims .\nalso , estimated payments in 2005 do not include payments that will be made on claims incurred in 2005 on policies that were in force as of december 31 , 2004 .\nin addition , the table does not include future cash flows related to the receipt of premiums that will be used , in part , to fund loss payments .\nunder generally accepted accounting principles , the company is only permitted to discount reserves for claim and claim adjustment expenses in cases where the payment pattern and ultimate loss costs are fixed and reliably determinable on an individual claim basis .\nfor the company , these include claim settlements with permanently disabled claimants and certain structured settlement contracts that fund loss runoffs for unrelated parties .\nas of december 31 , 2004 , the total property and casualty reserves in the above table of $ 21885 are gross of the reserve discount of $ 556 .\n[2] estimated life , annuity and disability obligations include death and disability claims , policy surrenders , policyholder dividends and trail commissions offset by expected future deposits and premiums on in-force contracts .\nestimated contractual policyholder obligations are based on mortality , morbidity and lapse assumptions comparable with life 2019s historical experience , modified for recent observed trends .\nlife has also assumed market growth and interest crediting consistent with assumptions used in amortizing deferred acquisition costs .\nin contrast to this table , the majority of life 2019s obligations are recorded on the balance sheet at the current account value , as described in critical accounting estimates , and do not incorporate an expectation of future market growth , interest crediting , or future deposits .\ntherefore , the estimated contractual policyholder obligations presented in this table significantly exceed the liabilities recorded in reserve for future policy benefits and unpaid claims and claim adjustment expenses , other policyholder funds and benefits payable and separate account liabilities .\ndue to the significance of the assumptions used , the amounts presented could materially differ from actual results .\nas separate account obligations are legally insulated from general account obligations , the separate account obligations will be fully funded by cash flows from separate account assets .\nlife expects to fully fund the general account obligations from cash flows from general account investments and future deposits and premiums .\n[3] includes contractual principal and interest payments .\npayments exclude amounts associated with fair-value hedges of certain of the company 2019s long-term debt .\nall long-term debt obligations have fixed rates of interest .\nlong-term debt obligations also includes principal and interest payments of $ 700 and $ 2.4 billion , respectively , related to junior subordinated debentures which are callable beginning in 2006 .\nsee note 14 of notes to consolidated financial statements for additional discussion of long-term debt obligations .\n[4] includes $ 1.4 billion in commitments to purchase investments including $ 330 of limited partnerships and $ 299 of mortgage loans .\noutstanding commitments under these limited partnerships and mortgage loans are included in payments due in less than 1 year since the timing of funding these commitments cannot be estimated .\nthe remaining $ 759 relates to payables for securities purchased which are reflected on the company 2019s consolidated balance sheet .\n[5] includes estimated contribution of $ 200 to the company 2019s pension plan in 2005 .\n[6] as of december 31 , 2004 , the company has accepted cash collateral of $ 1.6 billion in connection with the company 2019s securities lending program and derivative instruments .\nsince the timing of the return of the collateral is uncertain , the return of the collateral has been included in the payments due in less than 1 year .\n[7] includes $ 52 in collateralized loan obligations ( 201cclos 201d ) issued to third-party investors by a consolidated investment management entity sponsored by the company in connection with synthetic clo transactions .\nthe clo investors have no recourse to the company 2019s assets other than the dedicated assets collateralizing the clos .\nrefer to note 4 of notes to consolidated financial statements for additional discussion of .\n\nQuestion: what portion of total obligations are due within less than 1 year?",
        "solution": "8.74%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2016/page_84.pdf\n\nID: GPN/2016/page_84.pdf-4\n\nPrevious Text:\nleveraged performance units during fiscal 2015 , certain executives were granted performance units that we refer to as leveraged performance units , or lpus .\nlpus contain a market condition based on our relative stock price growth over a three-year performance period .\nthe lpus contain a minimum threshold performance which , if not met , would result in no payout .\nthe lpus also contain a maximum award opportunity set as a fixed dollar and fixed number of shares .\nafter the three-year performance period , one-third of any earned units converts to unrestricted common stock .\nthe remaining two-thirds convert to restricted stock that will vest in equal installments on each of the first two anniversaries of the conversion date .\nwe recognize share-based compensation expense based on the grant date fair value of the lpus , as determined by use of a monte carlo model , on a straight-line basis over the requisite service period for each separately vesting portion of the lpu award .\ntotal shareholder return units before fiscal 2015 , certain of our executives were granted total shareholder return ( 201ctsr 201d ) units , which are performance-based restricted stock units that are earned based on our total shareholder return over a three-year performance period compared to companies in the s&p 500 .\nonce the performance results are certified , tsr units convert into unrestricted common stock .\ndepending on our performance , the grantee may earn up to 200% ( 200 % ) of the target number of shares .\nthe target number of tsr units for each executive is set by the compensation committee .\nwe recognize share-based compensation expense based on the grant date fair value of the tsr units , as determined by use of a monte carlo model , on a straight-line basis over the vesting period .\nthe following table summarizes the changes in unvested share-based awards for the years ended may 31 , 2016 and 2015 ( shares in thousands ) : shares weighted-average grant-date fair value .\n\nTable Data:\n[['', 'shares', 'weighted-averagegrant-datefair value'], ['unvested at may 31 2014', '1754', '$ 22.72'], ['granted', '954', '36.21'], ['vested', '-648 ( 648 )', '23.17'], ['forfeited', '-212 ( 212 )', '27.03'], ['unvested at may 31 2015', '1848', '28.97'], ['granted', '461', '57.04'], ['vested', '-633 ( 633 )', '27.55'], ['forfeited', '-70 ( 70 )', '34.69'], ['unvested at may 31 2016', '1606', '$ 37.25']]\n\nFollowing Text:\nincluding the restricted stock , performance units and tsr units described above , the total fair value of share- based awards vested during the years ended may 31 , 2016 , 2015 and 2014 was $ 17.4 million , $ 15.0 million and $ 28.7 million , respectively .\nfor these share-based awards , we recognized compensation expense of $ 28.8 million , $ 19.8 million and $ 28.2 million in the years ended may 31 , 2016 , 2015 and 2014 , respectively .\nas of may 31 , 2016 , there was $ 42.6 million of unrecognized compensation expense related to unvested share-based awards that we expect to recognize over a weighted-average period of 1.9 years .\nour share-based award plans provide for accelerated vesting under certain conditions .\nemployee stock purchase plan we have an employee stock purchase plan under which the sale of 4.8 million shares of our common stock has been authorized .\nemployees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of our common stock .\nthe price for shares purchased under the plan is 85% ( 85 % ) of the market value on 84 2013 global payments inc .\n| 2016 form 10-k annual report .\n\nQuestion: what was the average unrecognized compensation expense related to unvested share-based per year?",
        "solution": "$ 22.42 million"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MS/2015/page_200.pdf\n\nID: MS/2015/page_200.pdf-2\n\nPrevious Text:\nmorgan stanley notes to consolidated financial statements 2014 ( continued ) senior debt securities often are denominated in various non-u.s .\ndollar currencies and may be structured to provide a return that is equity-linked , credit-linked , commodity-linked or linked to some other index ( e.g. , the consumer price index ) .\nsenior debt also may be structured to be callable by the company or extendible at the option of holders of the senior debt securities .\ndebt containing provisions that effectively allow the holders to put or extend the notes aggregated $ 2902 million at december 31 , 2015 and $ 2175 million at december 31 , 2014 .\nin addition , in certain circumstances , certain purchasers may be entitled to cause the repurchase of the notes .\nthe aggregated value of notes subject to these arrangements was $ 650 million at december 31 , 2015 and $ 551 million at december 31 , 2014 .\nsubordinated debt and junior subordinated debentures generally are issued to meet the capital requirements of the company or its regulated subsidiaries and primarily are u.s .\ndollar denominated .\nduring 2015 , morgan stanley capital trusts vi and vii redeemed all of their issued and outstanding 6.60% ( 6.60 % ) capital securities , respectively , and the company concurrently redeemed the related underlying junior subordinated debentures .\nsenior debt 2014structured borrowings .\nthe company 2019s index-linked , equity-linked or credit-linked borrowings include various structured instruments whose payments and redemption values are linked to the performance of a specific index ( e.g. , standard & poor 2019s 500 ) , a basket of stocks , a specific equity security , a credit exposure or basket of credit exposures .\nto minimize the exposure resulting from movements in the underlying index , equity , credit or other position , the company has entered into various swap contracts and purchased options that effectively convert the borrowing costs into floating rates based upon libor .\nthe company generally carries the entire structured borrowings at fair value .\nthe swaps and purchased options used to economically hedge the embedded features are derivatives and also are carried at fair value .\nchanges in fair value related to the notes and economic hedges are reported in trading revenues .\nsee note 3 for further information on structured borrowings .\nsubordinated debt and junior subordinated debentures .\nincluded in the long-term borrowings are subordinated notes of $ 10404 million having a contractual weighted average coupon of 4.45% ( 4.45 % ) at december 31 , 2015 and $ 8339 million having a contractual weighted average coupon of 4.57% ( 4.57 % ) at december 31 , 2014 .\njunior subordinated debentures outstanding by the company were $ 2870 million at december 31 , 2015 having a contractual weighted average coupon of 6.22% ( 6.22 % ) at december 31 , 2015 and $ 4868 million at december 31 , 2014 having a contractual weighted average coupon of 6.37% ( 6.37 % ) at december 31 , 2014 .\nmaturities of the subordinated and junior subordinated notes range from 2022 to 2067 , while maturities of certain junior subordinated debentures can be extended to 2052 at the company 2019s option .\nasset and liability management .\nin general , securities inventories that are not financed by secured funding sources and the majority of the company 2019s assets are financed with a combination of deposits , short-term funding , floating rate long-term debt or fixed rate long-term debt swapped to a floating rate .\nfixed assets are generally financed with fixed rate long-term debt .\nthe company uses interest rate swaps to more closely match these borrowings to the duration , holding period and interest rate characteristics of the assets being funded and to manage interest rate risk .\nthese swaps effectively convert certain of the company 2019s fixed rate borrowings into floating rate obligations .\nin addition , for non-u.s .\ndollar currency borrowings that are not used to fund assets in the same currency , the company has entered into currency swaps that effectively convert the borrowings into u.s .\ndollar obligations .\nthe company 2019s use of swaps for asset and liability management affected its effective average borrowing rate .\neffective average borrowing rate. .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['weighted average coupon of long-term borrowings at period-end ( 1 )', '4.0% ( 4.0 % )', '4.2% ( 4.2 % )', '4.4% ( 4.4 % )'], ['effective average borrowing rate for long-term borrowings after swaps at period-end ( 1 )', '2.1% ( 2.1 % )', '2.3% ( 2.3 % )', '2.2% ( 2.2 % )']]\n\nFollowing Text:\n.\n\nQuestion: what is the difference in effective borrowing rate in 2014 due to the use of swaps?",
        "solution": "1.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2014/page_59.pdf\n\nID: AAL/2014/page_59.pdf-2\n\nPrevious Text:\ntable of contents stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing .\nthe following stock performance graph compares our cumulative total shareholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2014 .\nthe comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends .\nthe stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. .\n\nTable Data:\n[['', '12/9/2013', '12/31/2013', '12/31/2014'], ['american airlines group inc .', '$ 100', '$ 103', '$ 219'], ['amex airline index', '100', '102', '152'], ['s&p 500', '100', '102', '114']]\n\nFollowing Text:\n.\n\nQuestion: what was the growth rate on the amex airline index from 12/31/2013 to 12/31/2014",
        "solution": "49%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2014/page_90.pdf\n\nID: CE/2014/page_90.pdf-1\n\nPrevious Text:\nfacility continue to have a maturity date of october 2016 .\nin addition , the maturity date of the company's revolving credit facility was extended to october 2018 and the facility was increased to $ 900 million from $ 600 million .\naccordingly , the amended credit agreement consists of the term c-2 loan facility , the term c-3 loan facility and a $ 900 million revolving credit facility .\nnet deferred financing costs are as follows : net deferred financing costs ( in $ millions ) .\n\nTable Data:\n[['', 'net deferred financing costs ( in $ millions )'], ['as of december 31 2011', '28'], ['financing costs deferred ( 1 )', '8'], ['accelerated amortization due to refinancing activity ( 2 )', '-1 ( 1 )'], ['amortization', '-5 ( 5 )'], ['as of december 31 2012', '30'], ['financing costs deferred ( 3 )', '2'], ['accelerated amortization due to refinancing activity', '2014'], ['amortization', '-5 ( 5 )'], ['as of december 31 2013', '27'], ['financing costs deferred ( 4 )', '10'], ['accelerated amortization due to refinancing activity ( 5 )', '-5 ( 5 )'], ['amortization', '-5 ( 5 )'], ['as of december 31 2014', '27']]\n\nFollowing Text:\n____________________________ ( 1 ) relates to the issuance of the 4.625% ( 4.625 % ) notes .\n( 2 ) relates to the $ 400 million prepayment of the term c loan facility with proceeds from the 4.625% ( 4.625 % ) notes .\n( 3 ) relates to the september 2013 amendment to the celanese us existing senior secured credit facilities to reduce the interest rates payable in connection with certain borrowings thereby creating the term c-2 loan facility due 2016 .\n( 4 ) includes $ 6 million related to the issuance of the 3.250% ( 3.250 % ) notes and $ 4 million related to the september 24 , 2014 amendment to the celanese us existing senior secured credit facilities .\n( 5 ) includes $ 4 million related to the 6.625% ( 6.625 % ) notes redemption and $ 1 million related to the term c-2 loan facility conversion .\nas of december 31 , 2014 , the margin for borrowings under the term c-2 loan facility was 2.0% ( 2.0 % ) above the euro interbank offered rate ( \"euribor\" ) and the margin for borrowings under the term c-3 loan facility was 2.25% ( 2.25 % ) above libor ( for us dollars ) and 2.25% ( 2.25 % ) above euribor ( for euros ) , as applicable .\nas of december 31 , 2014 , the margin for borrowings under the revolving credit facility was 1.5% ( 1.5 % ) above libor .\nthe margin for borrowings under the revolving credit facility is subject to increase or decrease in certain circumstances based on changes in the corporate credit ratings of celanese or celanese us .\nterm loan borrowings under the amended credit agreement are subject to amortization at 1% ( 1 % ) of the initial principal amount per annum , payable quarterly .\nin addition , the company pays quarterly commitment fees on the unused portion of the revolving credit facility of 0.25% ( 0.25 % ) per annum .\nthe amended credit agreement is guaranteed by celanese and certain domestic subsidiaries of celanese us and is secured by a lien on substantially all assets of celanese us and such guarantors , subject to certain agreed exceptions ( including for certain real property and certain shares of foreign subsidiaries ) , pursuant to the guarantee and collateral agreement , dated april 2 , as a condition to borrowing funds or requesting letters of credit be issued under the revolving credit facility , the company's first lien senior secured leverage ratio ( as calculated as of the last day of the most recent fiscal quarter for which financial statements have been delivered under the revolving facility ) cannot exceed the threshold as specified below .\nfurther , the company's first lien senior secured leverage ratio must be maintained at or below that threshold while any amounts are outstanding under the revolving credit facility. .\n\nQuestion: assuming the revolver is undrawn , what would the annual fee for the revolver be?",
        "solution": "2250000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2018/page_39.pdf\n\nID: DISCA/2018/page_39.pdf-2\n\nPrevious Text:\nstock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc .\n( acquired by the company in march 2018 ) , time warner , inc .\n( acquired by at&t inc .\nin june 2018 ) , twenty-first century fox , inc .\nclass a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc .\nclass b common stock and the walt disney company .\nthe graph assumes $ 100 originally invested on december 31 , 2013 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2014 , 2015 , 2016 , 2017 and 2018 .\ntwo peer companies , scripps networks interactive , inc .\nand time warner , inc. , were acquired in 2018 .\nthe stock performance chart shows the peer group including scripps networks interactive , inc .\nand time warner , inc .\nand excluding both acquired companies for the entire five year period .\ndecember 31 , december 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['', 'december 312013', 'december 312014', 'december 312015', 'december 312016', 'december 312017', 'december 312018'], ['disca', '$ 100.00', '$ 74.58', '$ 57.76', '$ 59.34', '$ 48.45', '$ 53.56'], ['discb', '$ 100.00', '$ 80.56', '$ 58.82', '$ 63.44', '$ 53.97', '$ 72.90'], ['disck', '$ 100.00', '$ 80.42', '$ 60.15', '$ 63.87', '$ 50.49', '$ 55.04'], ['s&p 500', '$ 100.00', '$ 111.39', '$ 110.58', '$ 121.13', '$ 144.65', '$ 135.63'], ['peer group incl . acquired companies', '$ 100.00', '$ 116.64', '$ 114.02', '$ 127.96', '$ 132.23', '$ 105.80'], ['peer group ex . acquired companies', '$ 100.00', '$ 113.23', '$ 117.27', '$ 120.58', '$ 127.90', '$ 141.58']]\n\nFollowing Text:\nequity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2019 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .\n\nQuestion: did the b series stock's 5 year performance beat the s&p 500?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2012/page_80.pdf\n\nID: RCL/2012/page_80.pdf-2\n\nPrevious Text:\nnotes to the consolidated financial statements competitive environment and general economic and business conditions , among other factors .\npullmantur is a brand targeted primarily at the spanish , portu- guese and latin american markets and although pullmantur has diversified its passenger sourcing over the past few years , spain still represents pullmantur 2019s largest market .\nas previously disclosed , during 2012 european economies continued to demonstrate insta- bility in light of heightened concerns over sovereign debt issues as well as the impact of proposed auster- ity measures on certain markets .\nthe spanish econ- omy was more severely impacted than many other economies and there is significant uncertainty as to when it will recover .\nin addition , the impact of the costa concordia incident has had a more lingering effect than expected and the impact in future years is uncertain .\nthese factors were identified in the past as significant risks which could lead to the impairment of pullmantur 2019s goodwill .\nmore recently , the spanish economy has progressively worsened and forecasts suggest the challenging operating environment will continue for an extended period of time .\nthe unemployment rate in spain reached 26% ( 26 % ) during the fourth quarter of 2012 and is expected to rise further in 2013 .\nthe international monetary fund , which had projected gdp growth of 1.8% ( 1.8 % ) a year ago , revised its 2013 gdp projections downward for spain to a contraction of 1.3% ( 1.3 % ) during the fourth quarter of 2012 and further reduced it to a contraction of 1.5% ( 1.5 % ) in january of 2013 .\nduring the latter half of 2012 new austerity measures , such as increases to the value added tax , cuts to benefits , the phasing out of exemptions and the suspension of government bonuses , were implemented by the spanish government .\nwe believe these austerity measures are having a larger impact on consumer confidence and discretionary spending than previously anticipated .\nas a result , there has been a significant deterioration in bookings from guests sourced from spain during the 2013 wave season .\nthe combination of all of these factors has caused us to negatively adjust our cash flow projections , especially our closer-in net yield assumptions and the expectations regarding future capacity growth for the brand .\nbased on our updated cash flow projections , we determined the implied fair value of goodwill for the pullmantur reporting unit was $ 145.5 million and rec- ognized an impairment charge of $ 319.2 million .\nthis impairment charge was recognized in earnings during the fourth quarter of 2012 and is reported within impairment of pullmantur related assets within our consolidated statements of comprehensive income ( loss ) .\nthere have been no goodwill impairment charges related to the pullmantur reporting unit in prior periods .\nsee note 13 .\nfair value measurements and derivative instruments for further discussion .\nif the spanish economy weakens further or recovers more slowly than contemplated or if the economies of other markets ( e.g .\nfrance , brazil , latin america ) perform worse than contemplated in our discounted cash flow model , or if there are material changes to the projected future cash flows used in the impair- ment analyses , especially in net yields , an additional impairment charge of the pullmantur reporting unit 2019s goodwill may be required .\nnote 4 .\nintangible assets intangible assets are reported in other assets in our consolidated balance sheets and consist of the follow- ing ( in thousands ) : .\n\nTable Data:\n[['', '2012', '2011'], ['indefinite-life intangible asset 2014pullmantur trademarks and trade names', '$ 218883', '$ 225679'], ['impairment charge', '-17356 ( 17356 )', '2014'], ['foreign currency translation adjustment', '3339', '-6796 ( 6796 )'], ['total', '$ 204866', '$ 218883']]\n\nFollowing Text:\nduring the fourth quarter of 2012 , we performed the annual impairment review of our trademarks and trade names using a discounted cash flow model and the relief-from-royalty method .\nthe royalty rate used is based on comparable royalty agreements in the tourism and hospitality industry .\nthese trademarks and trade names relate to pullmantur and we have used a discount rate comparable to the rate used in valuing the pullmantur reporting unit in our goodwill impairment test .\nas described in note 3 .\ngoodwill , the continued deterioration of the spanish economy caused us to negatively adjust our cash flow projections for the pullmantur reporting unit , especially our closer-in net yield assumptions and the timing of future capacity growth for the brand .\nbased on our updated cash flow projections , we determined that the fair value of pullmantur 2019s trademarks and trade names no longer exceeded their carrying value .\naccordingly , we recog- nized an impairment charge of approximately $ 17.4 million to write down trademarks and trade names to their fair value of $ 204.9 million .\nthis impairment charge was recognized in earnings during the fourth quarter of 2012 and is reported within impairment of pullmantur related assets within our consolidated statements of comprehensive income ( loss ) .\nsee note 13 .\nfair value measurements and derivative instruments for further discussion .\nif the spanish economy weakens further or recovers more slowly than contemplated or if the economies of other markets ( e.g .\nfrance , brazil , latin america ) 0494.indd 76 3/27/13 12:53 pm .\n\nQuestion: what is the average of intangible assets from 2011-2012 , in thousands?",
        "solution": "211874.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_81.pdf\n\nID: LMT/2013/page_81.pdf-1\n\nPrevious Text:\nas of december 31 , 2013 and 2012 , our liabilities associated with unrecognized tax benefits are not material .\nwe and our subsidiaries file income tax returns in the u.s .\nfederal jurisdiction and various foreign jurisdictions .\nwith few exceptions , the statute of limitations is no longer open for u.s .\nfederal or non-u.s .\nincome tax examinations for the years before 2010 , other than with respect to refunds .\nu.s .\nincome taxes and foreign withholding taxes have not been provided on earnings of $ 222 million , $ 211 million , and $ 193 million that have not been distributed by our non-u.s .\ncompanies as of december 31 , 2013 , 2012 , and 2011 .\nour intention is to permanently reinvest these earnings , thereby indefinitely postponing their remittance to the u.s .\nif these earnings were remitted , we estimate that the additional income taxes after foreign tax credits would have been approximately $ 50 million in 2013 , $ 45 million in 2012 , and $ 41 million in 2011 .\nour federal and foreign income tax payments , net of refunds received , were $ 787 million in 2013 , $ 890 million in 2012 , and $ 722 million in 2011 .\nour 2013 net payments reflect a $ 550 million refund from the irs primarily attributable to our tax-deductible discretionary pension contributions during the fourth quarter of 2012 ; our 2012 net payments reflect a $ 153 million refund from the irs related to a 2011 capital loss carryback claim ; and our 2011 net payments reflect a $ 250 million refund from the irs related to estimated taxes paid for 2010 .\nas of december 31 , 2013 and 2012 , we had federal and foreign taxes receivable of $ 313 million and $ 662 million recorded within other current assets on our balance sheet , primarily attributable to our tax-deductible discretionary pension contributions in the fourth quarter of 2013 and 2012 and our debt exchange transaction in the fourth quarter of 2012 .\nnote 9 2013 debt our long-term debt consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2013', '2012'], ['notes with rates from 2.13% ( 2.13 % ) to 6.15% ( 6.15 % ) due 2016 to 2042', '$ 5642', '$ 5642'], ['notes with rates from 7.00% ( 7.00 % ) to 7.75% ( 7.75 % ) due 2016 to 2036', '916', '930'], ['notes with a rate of 7.38% ( 7.38 % ) due 2013', '2014', '150'], ['other debt', '476', '478'], ['total long-term debt', '7034', '7200'], ['less : unamortized discounts', '-882 ( 882 )', '-892 ( 892 )'], ['total long-term debt net of unamortized discounts', '6152', '6308'], ['less : current maturities of long-term debt', '2014', '-150 ( 150 )'], ['total long-term debt net', '$ 6152', '$ 6158']]\n\nFollowing Text:\nin december 2012 , we issued notes totaling $ 1.3 billion with a fixed interest rate of 4.07% ( 4.07 % ) maturing in december 2042 ( the new notes ) in exchange for outstanding notes totaling $ 1.2 billion with interest rates ranging from 5.50% ( 5.50 % ) to 8.50% ( 8.50 % ) maturing in 2023 to 2040 ( the old notes ) .\nin connection with the exchange , we paid a premium of $ 393 million , of which $ 225 million was paid in cash and $ 168 million was in the form of new notes .\nthis premium , in addition to $ 194 million in remaining unamortized discounts related to the old notes , will be amortized as additional interest expense over the term of the new notes using the effective interest method .\nwe may , at our option , redeem some or all of the new notes at any time by paying the principal amount of notes being redeemed plus a make-whole premium and accrued and unpaid interest .\ninterest on the new notes is payable on june 15 and december 15 of each year , beginning on june 15 , 2013 .\nthe new notes are unsecured senior obligations and rank equally in right of payment with all of our existing and future unsecured and unsubordinated indebtedness .\nin september 2011 , we issued $ 2.0 billion of long-term notes in a registered public offering and in october 2011 , we used a portion of the proceeds to redeem all of our $ 500 million long-term notes maturing in 2013 .\nin 2011 , we repurchased $ 84 million of our long-term notes through open-market purchases .\nwe paid premiums of $ 48 million in connection with the early extinguishments of debt , which were recognized in other non-operating income ( expense ) , net .\nat december 31 , 2013 and 2012 , we had in place with a group of banks a $ 1.5 billion revolving credit facility that expires in august 2016 .\nwe may request and the banks may grant , at their discretion , an increase to the credit facility by an additional amount up to $ 500 million .\nthere were no borrowings outstanding under the credit facility through december 31 , 2013 .\nborrowings under the credit facility would be unsecured and bear interest at rates based , at our option , on a eurodollar rate or a base rate , as defined in the credit facility .\neach bank 2019s obligation to make loans under the credit facility is subject .\n\nQuestion: what was the percentage of the cash paid for the total premium associated with the exchange for new notes in 2012",
        "solution": "57.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2008/page_60.pdf\n\nID: AMT/2008/page_60.pdf-1\n\nPrevious Text:\ntower cash flow , adjusted consolidated cash flow and non-tower cash flow are considered non-gaap financial measures .\nwe are required to provide these financial metrics by the indentures for our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes , and we have included them below because we consider the indentures for these notes to be material agreements , the covenants related to tower cash flow , adjusted consolidated cash flow and non-tower cash flow to be material terms of the indentures , and information about compliance with such covenants to be material to an investor 2019s understanding of our financial results and the impact of those results on our liquidity .\nthe following table presents tower cash flow , adjusted consolidated cash flow and non-tower cash flow for the company and its restricted subsidiaries , as defined in the indentures for the applicable notes ( in thousands ) : .\n\nTable Data:\n[['tower cash flow for the three months ended december 31 2008', '$ 188449'], ['consolidated cash flow for the twelve months ended december 31 2008', '726954'], ['less : tower cash flow for the twelve months ended december 31 2008', '-741565 ( 741565 )'], ['plus : four times tower cash flow for the three months ended december 31 2008', '753798'], ['adjusted consolidated cash flow for the twelve months ended december 31 2008', '739187'], ['non-tower cash flow for the twelve months ended december 31 2008', '$ -14611 ( 14611 )']]\n\nFollowing Text:\n.\n\nQuestion: what was the average tower cash flow for the three months ended december 31 2008",
        "solution": "62816"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: K/2013/page_27.pdf\n\nID: K/2013/page_27.pdf-4\n\nPrevious Text:\ngeneral market conditions affecting trust asset performance , future discount rates based on average yields of high quality corporate bonds and our decisions regarding certain elective provisions of the we currently project that we will make total u.s .\nand foreign benefit plan contributions in 2014 of approximately $ 57 million .\nactual 2014 contributions could be different from our current projections , as influenced by our decision to undertake discretionary funding of our benefit trusts versus other competing investment priorities , future changes in government requirements , trust asset performance , renewals of union contracts , or higher-than-expected health care claims cost experience .\nwe measure cash flow as net cash provided by operating activities reduced by expenditures for property additions .\nwe use this non-gaap financial measure of cash flow to focus management and investors on the amount of cash available for debt repayment , dividend distributions , acquisition opportunities , and share repurchases .\nour cash flow metric is reconciled to the most comparable gaap measure , as follows: .\n\nTable Data:\n[['( dollars in millions )', '2013', '2012', '2011'], ['net cash provided by operating activities', '$ 1807', '$ 1758', '$ 1595'], ['additions to properties', '-637 ( 637 )', '-533 ( 533 )', '-594 ( 594 )'], ['cash flow', '$ 1170', '$ 1225', '$ 1001'], ['year-over-year change', '( 4.5 ) % (  % )', '22.4% ( 22.4 % )', '']]\n\nFollowing Text:\nyear-over-year change ( 4.5 ) % (  % ) 22.4% ( 22.4 % ) the decrease in cash flow ( as defined ) in 2013 compared to 2012 was due primarily to higher capital expenditures .\nthe increase in cash flow in 2012 compared to 2011 was driven by improved performance in working capital resulting from the one-time benefit derived from the pringles acquisition , as well as changes in the level of capital expenditures during the three-year period .\ninvesting activities our net cash used in investing activities for 2013 amounted to $ 641 million , a decrease of $ 2604 million compared with 2012 primarily attributable to the $ 2668 million acquisition of pringles in 2012 .\ncapital spending in 2013 included investments in our supply chain infrastructure , and to support capacity requirements in certain markets , including pringles .\nin addition , we continued the investment in our information technology infrastructure related to the reimplementation and upgrade of our sap platform .\nnet cash used in investing activities of $ 3245 million in 2012 increased by $ 2658 million compared with 2011 , due to the acquisition of pringles in 2012 .\ncash paid for additions to properties as a percentage of net sales has increased to 4.3% ( 4.3 % ) in 2013 , from 3.8% ( 3.8 % ) in 2012 , which was a decrease from 4.5% ( 4.5 % ) in financing activities our net cash used by financing activities was $ 1141 million for 2013 , compared to net cash provided by financing activities of $ 1317 million for 2012 and net cash used in financing activities of $ 957 million for 2011 .\nthe increase in cash provided from financing activities in 2012 compared to 2013 and 2011 , was primarily due to the issuance of debt related to the acquisition of pringles .\ntotal debt was $ 7.4 billion at year-end 2013 and $ 7.9 billion at year-end 2012 .\nin february 2013 , we issued $ 250 million of two-year floating-rate u.s .\ndollar notes , and $ 400 million of ten-year 2.75% ( 2.75 % ) u.s .\ndollar notes , resulting in aggregate net proceeds after debt discount of $ 645 million .\nthe proceeds from these notes were used for general corporate purposes , including , together with cash on hand , repayment of the $ 750 million aggregate principal amount of our 4.25% ( 4.25 % ) u.s .\ndollar notes due march 2013 .\nin may 2012 , we issued $ 350 million of three-year 1.125% ( 1.125 % ) u.s .\ndollar notes , $ 400 million of five-year 1.75% ( 1.75 % ) u.s .\ndollar notes and $ 700 million of ten-year 3.125% ( 3.125 % ) u.s .\ndollar notes , resulting in aggregate net proceeds after debt discount of $ 1.442 billion .\nthe proceeds of these notes were used for general corporate purposes , including financing a portion of the acquisition of pringles .\nin may 2012 , we issued cdn .\n$ 300 million of two-year 2.10% ( 2.10 % ) fixed rate canadian dollar notes , using the proceeds from these notes for general corporate purposes , which included repayment of intercompany debt .\nthis repayment resulted in cash available to be used for a portion of the acquisition of pringles .\nin december 2012 , we repaid $ 750 million five-year 5.125% ( 5.125 % ) u.s .\ndollar notes at maturity with commercial paper .\nin april 2011 , we repaid $ 945 million ten-year 6.60% ( 6.60 % ) u.s .\ndollar notes at maturity with commercial paper .\nin may 2011 , we issued $ 400 million of seven-year 3.25% ( 3.25 % ) fixed rate u.s .\ndollar notes , using the proceeds of $ 397 million for general corporate purposes and repayment of commercial paper .\nin november 2011 , we issued $ 500 million of five-year 1.875% ( 1.875 % ) fixed rate u .\ns .\ndollar notes , using the proceeds of $ 498 million for general corporate purposes and repayment of commercial paper. .\n\nQuestion: by what percent did cash provided by operations increase between 2011 and 2013?",
        "solution": "13.29%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2008/page_34.pdf\n\nID: UNP/2008/page_34.pdf-2\n\nPrevious Text:\ncompared to 2007 .\nwe reduced personal injury expense by $ 80 million in 2007 as a result of fewer than expected claims and lower than expected average settlement costs .\nin 2008 , we reduced personal injury expense and asbestos-related costs $ 82 million based on the results of updated personal injury actuarial studies and a reassessment of our potential liability for resolution of current and future asbestos claims .\nin addition , environmental and toxic tort expenses were $ 7 million lower in 2008 compared to 2007 .\nother costs were lower in 2007 compared to 2006 driven primarily by a reduction in personal injury expense .\nactuarial studies completed during 2007 resulted in a reduction in personal injury expense of $ 80 million , which was partially offset by an adverse development with respect to one claim .\nsettlement of insurance claims in 2007 related to hurricane rita , and higher equity income also drove expenses lower in 2007 versus 2006 .\nconversely , the year-over-year comparison was affected by the settlement of insurance claims totaling $ 23 million in 2006 related to the january 2005 west coast storm and a $ 9 million gain in 2006 from the sale of two company-owned airplanes .\nnon-operating items millions of dollars 2008 2007 2006 % (  % ) change 2008 v 2007 % (  % ) change 2007 v 2006 .\n\nTable Data:\n[['millions of dollars', '2008', '2007', '2006', '% (  % ) change 2008 v 2007', '% (  % ) change 2007 v 2006'], ['other income', '$ 92', '$ 116', '$ 118', '( 21 ) % (  % )', '( 2 ) % (  % )'], ['interest expense', '-511 ( 511 )', '-482 ( 482 )', '-477 ( 477 )', '6', '1'], ['income taxes', '-1318 ( 1318 )', '-1154 ( 1154 )', '-919 ( 919 )', '14 % (  % )', '26 % (  % )']]\n\nFollowing Text:\nother income 2013 other income decreased in 2008 compared to 2007 due to lower gains from real estate sales and decreased returns on cash investments reflecting lower interest rates .\nhigher rental and licensing income and lower interest expense on our sale of receivables program partially offset the decreases .\nlower net gains from non-operating asset sales ( primarily real estate ) drove the reduction in other income in 2007 .\nrecognition of rental income in 2006 from the settlement of a rent dispute also contributed to the year-over-year decrease in other income .\ncash investment returns increased $ 21 million due to larger cash balances and higher interest rates .\ninterest expense 2013 interest expense increased in 2008 versus 2007 due to a higher weighted-average debt level of $ 8.3 billion , compared to $ 7.3 billion in 2007 .\na lower effective interest rate of 6.1% ( 6.1 % ) in 2008 , compared to 6.6% ( 6.6 % ) in 2007 , partially offset the effects of the higher weighted-average debt level .\nan increase in the weighted-average debt levels to $ 7.3 billion from $ 7.1 billion in 2006 generated higher interest expense in 2007 .\na lower effective interest rate of 6.6% ( 6.6 % ) in 2007 , compared to 6.7% ( 6.7 % ) in 2006 , partially offset the effects of the higher debt level .\nincome taxes 2013 income taxes were higher in 2008 compared to 2007 , driven by higher pre-tax income .\nour effective tax rates were 36.1% ( 36.1 % ) and 38.4% ( 38.4 % ) in 2008 and 2007 , respectively .\nthe lower effective tax rate in 2008 resulted from several reductions in tax expense related to federal audits and state tax law changes .\nin addition , the effective tax rate in 2007 was increased by illinois legislation that increased deferred tax expense in the third quarter of 2007 .\nincome taxes were $ 235 million higher in 2007 compared to 2006 , due primarily to higher pre-tax income and the effect of new tax legislation in the state of illinois that changed how we determine the amount of our income subject to illinois tax .\nthe illinois legislation increased our deferred tax expense by $ 27 million in 2007 .\nour effective tax rates were 38.4% ( 38.4 % ) and 36.4% ( 36.4 % ) in 2007 and 2006 , respectively. .\n\nQuestion: what was the average other income",
        "solution": "108.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ORLY/2015/page_28.pdf\n\nID: ORLY/2015/page_28.pdf-3\n\nPrevious Text:\nstock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2010 , and the reinvestment of dividends thereafter , if any , in the company's common stock versus the standard and poor's s&p 500 retail index ( \"s&p 500 retail index\" ) and the standard and poor's s&p 500 index ( \"s&p 500\" ) . .\n\nTable Data:\n[['company/index', 'december 31 , 2010', 'december 31 , 2011', 'december 31 , 2012', 'december 31 , 2013', 'december 31 , 2014', 'december 31 , 2015'], [\"o'reilly automotive inc .\", '$ 100', '$ 132', '$ 148', '$ 213', '$ 319', '$ 419'], ['s&p 500 retail index', '100', '103', '128', '185', '203', '252'], ['s&p 500', '$ 100', '$ 100', '$ 113', '$ 147', '$ 164', '$ 163']]\n\nFollowing Text:\n.\n\nQuestion: how much greater was the five year return for the s&p 500 retail index compared to the s&p 500?",
        "solution": "89"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_35.pdf\n\nID: ETR/2017/page_35.pdf-1\n\nPrevious Text:\noperations may be extended up to four additional years for each unit by mutual agreement of entergy and new york state based on an exigent reliability need for indian point generation .\nin accordance with the ferc-approved tariff of the new york independent system operator ( nyiso ) , entergy submitted to the nyiso a notice of generator deactivation based on the dates in the settlement ( no later than april 30 , 2020 for indian point unit 2 and april 30 , 2021 for indian point unit 3 ) .\nin december 2017 , nyiso issued a report stating there will not be a system reliability need following the deactivation of indian point .\nthe nyiso also has advised that it will perform an analysis of the potential competitive impacts of the proposed retirement under provisions of its tariff .\nthe deadline for the nyiso to make a withholding determination is in dispute and is pending before the ferc .\nin addition to contractually agreeing to cease commercial operations early , in february 2017 entergy filed with the nrc an amendment to its license renewal application changing the term of the requested licenses to coincide with the latest possible extension by mutual agreement based on exigent reliability needs : april 30 , 2024 for indian point 2 and april 30 , 2025 for indian point 3 .\nif entergy reasonably determines that the nrc will treat the amendment other than as a routine amendment , entergy may withdraw the amendment .\nother provisions of the settlement include termination of all then-existing investigations of indian point by the agencies signing the agreement , which include the new york state department of environmental conservation , the new york state department of state , the new york state department of public service , the new york state department of health , and the new york state attorney general .\nthe settlement recognizes the right of new york state agencies to pursue new investigations and enforcement actions with respect to new circumstances or existing conditions that become materially exacerbated .\nanother provision of the settlement obligates entergy to establish a $ 15 million fund for environmental projects and community support .\napportionment and allocation of funds to beneficiaries are to be determined by mutual agreement of new york state and entergy .\nthe settlement recognizes new york state 2019s right to perform an annual inspection of indian point , with scope and timing to be determined by mutual agreement .\nin may 2017 a plaintiff filed two parallel state court appeals challenging new york state 2019s actions in signing and implementing the indian point settlement with entergy on the basis that the state failed to perform sufficient environmental analysis of its actions .\nall signatories to the settlement agreement , including the entergy affiliates that hold nrc licenses for indian point , were named .\nthe appeals were voluntarily dismissed in november 2017 .\nentergy corporation and subsidiaries management 2019s financial discussion and analysis liquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement .\ncapital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table .\nthe increase in the debt to capital ratio for entergy as of december 31 , 2017 is primarily due to an increase in commercial paper outstanding in 2017 as compared to 2016. .\n\nTable Data:\n[['', '2017', '2016'], ['debt to capital', '67.1% ( 67.1 % )', '64.8% ( 64.8 % )'], ['effect of excluding securitization bonds', '( 0.8% ( 0.8 % ) )', '( 1.0% ( 1.0 % ) )'], ['debt to capital excluding securitization bonds ( a )', '66.3% ( 66.3 % )', '63.8% ( 63.8 % )'], ['effect of subtracting cash', '( 1.1% ( 1.1 % ) )', '( 2.0% ( 2.0 % ) )'], ['net debt to net capital excluding securitization bonds ( a )', '65.2% ( 65.2 % )', '61.8% ( 61.8 % )']]\n\nFollowing Text:\n( a ) calculation excludes the arkansas , louisiana , new orleans , and texas securitization bonds , which are non- recourse to entergy arkansas , entergy louisiana , entergy new orleans , and entergy texas , respectively. .\n\nQuestion: what is the percentage change in the debt-to-capital ratio from 2016 to 2017?",
        "solution": "3.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2010/page_55.pdf\n\nID: UNP/2010/page_55.pdf-1\n\nPrevious Text:\nnotes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d .\n1 .\nnature of operations operations and segmentation 2013 we are a class i railroad that operates in the u.s .\nwe have 31953 route miles , linking pacific coast and gulf coast ports with the midwest and eastern u.s .\ngateways and providing several corridors to key mexican gateways .\nwe serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico .\nexport and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders .\nthe railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment .\nalthough revenues are analyzed by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network .\nthe following table provides revenue by commodity group : millions 2010 2009 2008 .\n\nTable Data:\n[['millions', '2010', '2009', '2008'], ['agricultural', '$ 3018', '$ 2666', '$ 3174'], ['automotive', '1271', '854', '1344'], ['chemicals', '2425', '2102', '2494'], ['energy', '3489', '3118', '3810'], ['industrial products', '2639', '2147', '3273'], ['intermodal', '3227', '2486', '3023'], ['total freight revenues', '$ 16069', '$ 13373', '$ 17118'], ['other revenues', '896', '770', '852'], ['total operating revenues', '$ 16965', '$ 14143', '$ 17970']]\n\nFollowing Text:\nalthough our revenues are principally derived from customers domiciled in the u.s. , the ultimate points of origination or destination for some products transported are outside the u.s .\nbasis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the u.s .\n( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) .\n2 .\nsignificant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries .\ninvestments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting .\nall intercompany transactions are eliminated .\nwe currently have no less than majority-owned investments that require consolidation under variable interest entity requirements .\ncash and cash equivalents 2013 cash equivalents consist of investments with original maturities of three months or less .\naccounts receivable 2013 accounts receivable includes receivables reduced by an allowance for doubtful accounts .\nthe allowance is based upon historical losses , credit worthiness of customers , and current economic conditions .\nreceivables not expected to be collected in one year and the associated allowances are classified as other assets in our consolidated statements of financial position .\ninvestments 2013 investments represent our investments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) that are accounted for under the equity method of accounting and investments in companies ( less than 20% ( 20 % ) owned ) accounted for under the cost method of accounting. .\n\nQuestion: from 2008 to 2010 what was the average revenues by commodity group from agriculture",
        "solution": "2952.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2010/page_36.pdf\n\nID: AMT/2010/page_36.pdf-2\n\nPrevious Text:\nissuer purchases of equity securities during the three months ended december 31 , 2010 , we repurchased 1460682 shares of our common stock for an aggregate of $ 74.6 million , including commissions and fees , pursuant to our publicly announced stock repurchase program , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) .\n\nTable Data:\n[['period', 'total number of shares purchased ( 1 )', 'average price paid per share', 'total number of shares purchased as part of publicly announced plans or programs', 'approximate dollar value of shares that may yet be purchasedunder the plans or programs ( in millions )'], ['october 2010', '722890', '$ 50.76', '722890', '$ 369.1'], ['november 2010', '400692', '$ 51.81', '400692', '$ 348.3'], ['december 2010', '337100', '$ 50.89', '337100', '$ 331.1'], ['total fourth quarter', '1460682', '$ 51.08', '1460682', '$ 331.1']]\n\nFollowing Text:\n( 1 ) repurchases made pursuant to the $ 1.5 billion stock repurchase program approved by our board of directors in february 2008 ( the 201cbuyback 201d ) .\nunder this program , our management is authorized to purchase shares from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors .\nto facilitate repurchases , we make purchases pursuant to trading plans under rule 10b5-1 of the exchange act , which allows us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods .\nthis program may be discontinued at any time .\nsubsequent to december 31 , 2010 , we repurchased 1122481 shares of our common stock for an aggregate of $ 58.0 million , including commissions and fees , pursuant to the buyback .\nas of february 11 , 2011 , we had repurchased a total of 30.9 million shares of our common stock for an aggregate of $ 1.2 billion , including commissions and fees pursuant to the buyback .\nwe expect to continue to manage the pacing of the remaining $ 273.1 million under the buyback in response to general market conditions and other relevant factors. .\n\nQuestion: what portion of total shares repurchased in the fourth quarter of 2010 occurred during december?",
        "solution": "23.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAT/2017/page_113.pdf\n\nID: CAT/2017/page_113.pdf-4\n\nPrevious Text:\n92 | 2017 form 10-k finite-lived intangible assets are amortized over their estimated useful lives and tested for impairment if events or changes in circumstances indicate that the asset may be impaired .\nin 2016 , gross customer relationship intangibles of $ 96 million and related accumulated amortization of $ 27 million as well as gross intellectual property intangibles of $ 111 million and related accumulated amortization of $ 48 million from the resource industries segment were impaired .\nthe fair value of these intangibles was determined to be insignificant based on an income approach using expected cash flows .\nthe fair value determination is categorized as level 3 in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs .\nthe total impairment of $ 132 million was a result of restructuring activities and is included in other operating ( income ) expense in statement 1 .\nsee note 25 for information on restructuring costs .\namortization expense related to intangible assets was $ 323 million , $ 326 million and $ 337 million for 2017 , 2016 and 2015 , respectively .\nas of december 31 , 2017 , amortization expense related to intangible assets is expected to be : ( millions of dollars ) .\n\nTable Data:\n[['2018', '2019', '2020', '2021', '2022', 'thereafter'], ['$ 322', '$ 316', '$ 305', '$ 287', '$ 268', '$ 613']]\n\nFollowing Text:\nb .\ngoodwill there were no goodwill impairments during 2017 or 2015 .\nour annual impairment tests completed in the fourth quarter of 2016 indicated the fair value of each reporting unit was substantially above its respective carrying value , including goodwill , with the exception of our surface mining & technology reporting unit .\nthe surface mining & technology reporting unit , which primarily serves the mining industry , is a part of our resource industries segment .\nthe goodwill assigned to this reporting unit is largely from our acquisition of bucyrus international , inc .\nin 2011 .\nits product portfolio includes large mining trucks , electric rope shovels , draglines , hydraulic shovels and related parts .\nin addition to equipment , surface mining & technology also develops and sells technology products and services to provide customer fleet management , equipment management analytics and autonomous machine capabilities .\nthe annual impairment test completed in the fourth quarter of 2016 indicated that the fair value of surface mining & technology was below its carrying value requiring the second step of the goodwill impairment test process .\nthe fair value of surface mining & technology was determined primarily using an income approach based on a discounted ten year cash flow .\nwe assigned the fair value to surface mining & technology 2019s assets and liabilities using various valuation techniques that required assumptions about royalty rates , dealer attrition , technological obsolescence and discount rates .\nthe resulting implied fair value of goodwill was below the carrying value .\naccordingly , we recognized a goodwill impairment charge of $ 595 million , which resulted in goodwill of $ 629 million remaining for surface mining & technology as of october 1 , 2016 .\nthe fair value determination is categorized as level 3 in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs .\nthere was a $ 17 million tax benefit associated with this impairment charge. .\n\nQuestion: what is the expected growth rate in amortization expense in 2017?",
        "solution": "-0.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2011/page_230.pdf\n\nID: AES/2011/page_230.pdf-1\n\nPrevious Text:\nthe aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2011 , 2010 , and 2009 ( 1 ) weighted average interest rate at december 31 , 2011 .\n( 2 ) the company has interest rate swaps and interest rate option agreements in an aggregate notional principal amount of approximately $ 3.6 billion on non-recourse debt outstanding at december 31 , 2011 .\nthe swap agreements economically change the variable interest rates on the portion of the debt covered by the notional amounts to fixed rates ranging from approximately 1.44% ( 1.44 % ) to 6.98% ( 6.98 % ) .\nthe option agreements fix interest rates within a range from 1.00% ( 1.00 % ) to 7.00% ( 7.00 % ) .\nthe agreements expire at various dates from 2016 through 2028 .\n( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .\n( 4 ) non-recourse debt of $ 704 million and $ 945 million as of december 31 , 2011 and 2010 , respectively , was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .\nnon-recourse debt as of december 31 , 2011 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) .\n\nTable Data:\n[['december 31,', 'annual maturities ( in millions )'], ['2012', '$ 2152'], ['2013', '1389'], ['2014', '1697'], ['2015', '851'], ['2016', '2301'], ['thereafter', '7698'], ['total non-recourse debt', '$ 16088']]\n\nFollowing Text:\nas of december 31 , 2011 , aes subsidiaries with facilities under construction had a total of approximately $ 1.4 billion of committed but unused credit facilities available to fund construction and other related costs .\nexcluding these facilities under construction , aes subsidiaries had approximately $ 1.2 billion in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .\nthese credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .\nthe weighted average interest rate on borrowings from these facilities was 14.75% ( 14.75 % ) at december 31 , 2011 .\non october 3 , 2011 , dolphin subsidiary ii , inc .\n( 201cdolphin ii 201d ) , a newly formed , wholly-owned special purpose indirect subsidiary of aes , entered into an indenture ( the 201cindenture 201d ) with wells fargo bank , n.a .\n( the 201ctrustee 201d ) as part of its issuance of $ 450 million aggregate principal amount of 6.50% ( 6.50 % ) senior notes due 2016 ( the 201c2016 notes 201d ) and $ 800 million aggregate principal amount of 7.25% ( 7.25 % ) senior notes due 2021 ( the 201c7.25% ( 201c7.25 % ) 2021 notes 201d , together with the 2016 notes , the 201cnotes 201d ) to finance the acquisition ( the 201cacquisition 201d ) of dpl .\nupon closing of the acquisition on november 28 , 2011 , dolphin ii was merged into dpl with dpl being the surviving entity and obligor .\nthe 2016 notes and the 7.25% ( 7.25 % ) 2021 notes are included under 201cnotes and bonds 201d in the non-recourse detail table above .\nsee note 23 2014acquisitions and dispositions for further information .\ninterest on the 2016 notes and the 7.25% ( 7.25 % ) 2021 notes accrues at a rate of 6.50% ( 6.50 % ) and 7.25% ( 7.25 % ) per year , respectively , and is payable on april 15 and october 15 of each year , beginning april 15 , 2012 .\nprior to september 15 , 2016 with respect to the 2016 notes and july 15 , 2021 with respect to the 7.25% ( 7.25 % ) 2021 notes , dpl may redeem some or all of the 2016 notes or 7.25% ( 7.25 % ) 2021 notes at par , plus a 201cmake-whole 201d amount set forth in .\n\nQuestion: as of december 31 , 2011 , what is the total in billions available under the committed credit facilities?",
        "solution": "2.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UAA/2016/page_82.pdf\n\nID: UAA/2016/page_82.pdf-3\n\nPrevious Text:\ninterest expense , net was $ 26.4 million , $ 14.6 million , and $ 5.3 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively .\ninterest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities .\namortization of deferred financing costs was $ 1.2 million , $ 0.8 million , and $ 0.6 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively .\nthe company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities .\n6 .\ncommitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases .\nthe leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments .\nthe table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2016 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes .\nthe following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2016 as well as significant operating lease agreements entered into during the period after december 31 , 2016 through the date of this report : ( in thousands ) .\n\nTable Data:\n[['2017', '$ 114857'], ['2018', '127504'], ['2019', '136040'], ['2020', '133092'], ['2021', '122753'], ['2022 and thereafter', '788180'], ['total future minimum lease payments', '$ 1422426']]\n\nFollowing Text:\nincluded in selling , general and administrative expense was rent expense of $ 109.0 million , $ 83.0 million and $ 59.0 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively , under non-cancelable operating lease agreements .\nincluded in these amounts was contingent rent expense of $ 13.0 million , $ 11.0 million and $ 11.0 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively .\nsports marketing and other commitments within the normal course of business , the company enters into contractual commitments in order to promote the company 2019s brand and products .\nthese commitments include sponsorship agreements with teams and athletes on the collegiate and professional levels , official supplier agreements , athletic event sponsorships and other marketing commitments .\nthe following is a schedule of the company 2019s future minimum payments under its sponsorship and other marketing agreements as of december 31 .\n\nQuestion: what percentage change in rent expense from 2015 to 2016?",
        "solution": "31.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2007/page_70.pdf\n\nID: AAPL/2007/page_70.pdf-3\n\nPrevious Text:\nnotes 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 .\none 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 .\nthe following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\nvendor 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 .\nthe company purchases these raw material components directly from suppliers .\nthese 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 .\nthe 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 .\nderivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange risk .\nforeign 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 .\nthe company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .\nthe company records all derivatives on the balance sheet at fair value. .\n\nQuestion: what was the percentage change in the allowance for doubtful accounts from 2006 to 2007?",
        "solution": "-10%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MSI/2016/page_88.pdf\n\nID: MSI/2016/page_88.pdf-1\n\nPrevious Text:\nthe fair value of acquired property , plant and equipment , primarily network-related assets , was valued under the replacement cost method , which determines fair value based on the replacement cost of new property with similar capacity , adjusted for physical deterioration over the remaining useful life .\ngoodwill is calculated as the excess of the consideration transferred over the net assets recognized and represents the future economic benefits arising from the other assets acquired that could not be individually identified and separately recognized .\ngoodwill is not deductible for tax purposes .\npro forma financial information the following table presents the unaudited pro forma combined results of operations of the company and gdcl for the years ended december 31 , 2016 and december 31 , 2015 as if the acquisition of gdcl had occurred on january 1 , 2016 and january 1 , 2015 , respectively , ( in millions , except per share amounts ) : .\n\nTable Data:\n[['years ended december 31', '2016', '2015'], ['revenues', '$ 6109', '$ 6239'], ['earnings from continuing operations', '586', '-166 ( 166 )'], ['basic earnings per share from continuing operations', '3.46', '-0.83 ( 0.83 )'], ['diluted earnings per share from continuing operations', '3.39', '-0.82 ( 0.82 )']]\n\nFollowing Text:\nthe company did not adjust the effects of an $ 884 million goodwill impairment charge reported in the historic results of gdcl for the year ended december 31 , 2015 on the basis that the goodwill impairment charge was not directly attributable to the acquisition of gdcl by the company .\nhowever , this goodwill impairment charge should be highlighted as unusual and non- recurring .\nthe pro forma results are based on estimates and assumptions , which the company believes are reasonable .\nthey are not necessarily indicative of its consolidated results of operations in future periods or the results that actually would have been realized had we been a combined company during the periods presented .\nthe pro forma results include adjustments primarily related to amortization of acquired intangible assets , depreciation , interest expense , and transaction costs expensed during the period .\nother acquisitions on november 18 , 2014 , the company completed the acquisition of an equipment provider for a purchase price of $ 22 million .\nduring the year ended december 31 , 2015 , the company completed the purchase accounting for this acquisition , recognizing $ 6 million of goodwill and $ 12 million of identifiable intangible assets .\nthese identifiable intangible assets were classified as completed technology to be amortized over five years .\nduring the year ended december 31 , 2015 , the company completed the acquisitions of two providers of public safety software-based solutions for an aggregate purchase price of $ 50 million , recognizing an additional $ 31 million of goodwill , $ 22 million of identifiable intangible assets , and $ 3 million of acquired liabilities related to these acquisitions .\nthe $ 22 million of identifiable intangible assets were classified as : ( i ) $ 11 million completed technology , ( ii ) $ 8 million customer-related intangibles , and ( iii ) $ 3 million of other intangibles .\nthese intangible assets will be amortized over periods ranging from five to ten years .\non november 10 , 2016 , the company completed the acquisition of spillman technologies , a provider of comprehensive law enforcement and public safety software solutions , for a gross purchase price of $ 217 million .\nas a result of the acquisition , the company recognized $ 140 million of goodwill , $ 115 million of identifiable intangible assets , and $ 38 million of acquired liabilities .\nthe identifiable intangible assets were classified as $ 49 million of completed technology , $ 59 million of customer- related intangibles , and $ 7 million of other intangibles and will be amortized over a period of seven to ten years .\nas of december 31 , 2016 , the purchase accounting is not yet complete .\nthe final allocation may include : ( i ) changes in fair values of acquired goodwill and ( ii ) changes to assets and liabilities .\nduring the year ended december 31 , 2016 , the company completed the acquisition of several software and service-based providers for a total of $ 30 million , recognizing $ 6 million of goodwill , $ 15 million of intangible assets , and $ 9 million of tangible net assets related to the these acquisitions .\nthe $ 15 million of identifiable intangible assets were classified as : ( i ) $ 7 million of completed technology and ( ii ) $ 8 million of customer-related intangibles and will be amortized over a period of five years .\nas of december 31 , 2016 , the purchase accounting has not been completed for one acquisition which was purchased in late 2016 .\nas such , an amount of $ 11 million has been recorded within other assets as of december 31 , 2016 .\nthe purchase accounting is expected to be completed in the first quarter of 2017 .\nthe results of operations for these acquisitions have been included in the company 2019s condensed consolidated statements of operations subsequent to the acquisition date .\nthe pro forma effects of these acquisitions are not significant individually or in the aggregate. .\n\nQuestion: what was the profit margin in 2016",
        "solution": "9.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: K/2012/page_80.pdf\n\nID: K/2012/page_80.pdf-1\n\nPrevious Text:\nnote 12 derivative instruments and fair value measurements the company is exposed to certain market risks such as changes in interest rates , foreign currency exchange rates , and commodity prices , which exist as a part of its ongoing business operations .\nmanagement uses derivative financial and commodity instruments , including futures , options , and swaps , where appropriate , to manage these risks .\ninstruments used as hedges must be effective at reducing the risk associated with the exposure being hedged and must be designated as a hedge at the inception of the contract .\nthe company designates derivatives as cash flow hedges , fair value hedges , net investment hedges , and uses other contracts to reduce volatility in interest rates , foreign currency and commodities .\nas a matter of policy , the company does not engage in trading or speculative hedging transactions .\ntotal notional amounts of the company 2019s derivative instruments as of december 29 , 2012 and december 31 , 2011 were as follows: .\n\nTable Data:\n[['( millions )', '2012', '2011'], ['foreign currency exchange contracts', '$ 570', '$ 1265'], ['interest rate contracts', '2150', '600'], ['commodity contracts', '136', '175'], ['total', '$ 2856', '$ 2040']]\n\nFollowing Text:\nfollowing is a description of each category in the fair value hierarchy and the financial assets and liabilities of the company that were included in each category at december 29 , 2012 and december 31 , 2011 , measured on a recurring basis .\nlevel 1 2014 financial assets and liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market .\nfor the company , level 1 financial assets and liabilities consist primarily of commodity derivative contracts .\nlevel 2 2014 financial assets and liabilities whose values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability .\nfor the company , level 2 financial assets and liabilities consist of interest rate swaps and over-the-counter commodity and currency contracts .\nthe company 2019s calculation of the fair value of interest rate swaps is derived from a discounted cash flow analysis based on the terms of the contract and the interest rate curve .\nover-the-counter commodity derivatives are valued using an income approach based on the commodity index prices less the contract rate multiplied by the notional amount .\nforeign currency contracts are valued using an income approach based on forward rates less the contract rate multiplied by the notional amount .\nthe company 2019s calculation of the fair value of level 2 financial assets and liabilities takes into consideration the risk of nonperformance , including counterparty credit risk .\nlevel 3 2014 financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement .\nthese inputs reflect management 2019s own assumptions about the assumptions a market participant would use in pricing the asset or liability .\nthe company did not have any level 3 financial assets or liabilities as of december 29 , 2012 or december 31 , 2011 .\nthe following table presents assets and liabilities that were measured at fair value in the consolidated balance sheet on a recurring basis as of december 29 , 2012 and december 31 , 2011 : derivatives designated as hedging instruments : 2012 2011 ( millions ) level 1 level 2 total level 1 level 2 total assets : foreign currency exchange contracts : other current assets $ 2014 $ 4 $ 4 $ 2014 $ 11 $ 11 interest rate contracts ( a ) : other assets 2014 64 64 2014 23 23 commodity contracts : other current assets 2014 2014 2014 2 2014 2 total assets $ 2014 $ 68 $ 68 $ 2 $ 34 $ 36 liabilities : foreign currency exchange contracts : other current liabilities $ 2014 $ ( 3 ) $ ( 3 ) $ 2014 $ ( 18 ) $ ( 18 ) commodity contracts : other current liabilities 2014 ( 11 ) ( 11 ) ( 4 ) ( 12 ) ( 16 ) other liabilities 2014 ( 27 ) ( 27 ) 2014 ( 34 ) ( 34 ) total liabilities $ 2014 $ ( 41 ) $ ( 41 ) $ ( 4 ) $ ( 64 ) $ ( 68 ) ( a ) the fair value of the related hedged portion of the company 2019s long-term debt , a level 2 liability , was $ 2.3 billion as of december 29 , 2012 and $ 626 million as of december 31 , derivatives not designated as hedging instruments : 2012 2011 ( millions ) level 1 level 2 total level 1 level 2 total assets : commodity contracts : other current assets $ 5 $ 2014 $ 5 $ 2014 $ 2014 $ 2014 total assets $ 5 $ 2014 $ 5 $ 2014 $ 2014 $ 2014 liabilities : commodity contracts : other current liabilities $ ( 3 ) $ 2014 $ ( 3 ) $ 2014 $ 2014 $ 2014 total liabilities $ ( 3 ) $ 2014 $ ( 3 ) $ 2014 $ 2014 $ 2014 .\n\nQuestion: by what percent did the total notional amount of the company's derivatives increase between 2011 and 2012?",
        "solution": "40%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2015/page_86.pdf\n\nID: LMT/2015/page_86.pdf-2\n\nPrevious Text:\n2015 and 2014 was $ 1.5 billion and $ 1.3 billion .\nthe aggregate notional amount of our outstanding foreign currency hedges at december 31 , 2015 and 2014 was $ 4.1 billion and $ 804 million .\nderivative instruments did not have a material impact on net earnings and comprehensive income during 2015 , 2014 and 2013 .\nsubstantially all of our derivatives are designated for hedge accounting .\nsee note 16 for more information on the fair value measurements related to our derivative instruments .\nrecent accounting pronouncements 2013 in may 2014 , the fasb issued a new standard that will change the way we recognize revenue and significantly expand the disclosure requirements for revenue arrangements .\non july 9 , 2015 , the fasb approved a one-year deferral of the effective date of the standard to 2018 for public companies , with an option that would permit companies to adopt the standard in 2017 .\nearly adoption prior to 2017 is not permitted .\nthe new standard may be adopted either retrospectively or on a modified retrospective basis whereby the new standard would be applied to new contracts and existing contracts with remaining performance obligations as of the effective date , with a cumulative catch-up adjustment recorded to beginning retained earnings at the effective date for existing contracts with remaining performance obligations .\nin addition , the fasb is contemplating making additional changes to certain elements of the new standard .\nwe are currently evaluating the methods of adoption allowed by the new standard and the effect the standard is expected to have on our consolidated financial statements and related disclosures .\nas the new standard will supersede substantially all existing revenue guidance affecting us under gaap , it could impact revenue and cost recognition on thousands of contracts across all our business segments , in addition to our business processes and our information technology systems .\nas a result , our evaluation of the effect of the new standard will extend over future periods .\nin september 2015 , the fasb issued a new standard that simplifies the accounting for adjustments made to preliminary amounts recognized in a business combination by eliminating the requirement to retrospectively account for those adjustments .\ninstead , adjustments will be recognized in the period in which the adjustments are determined , including the effect on earnings of any amounts that would have been recorded in previous periods if the accounting had been completed at the acquisition date .\nwe adopted the standard on january 1 , 2016 and will prospectively apply the standard to business combination adjustments identified after the date of adoption .\nin november 2015 , the fasb issued a new standard that simplifies the presentation of deferred income taxes and requires that deferred tax assets and liabilities , as well as any related valuation allowance , be classified as noncurrent in our consolidated balance sheets .\nthe standard is effective january 1 , 2017 , with early adoption permitted .\nthe standard may be applied either prospectively from the date of adoption or retrospectively to all prior periods presented .\nwe are currently evaluating when we will adopt the standard and the method of adoption .\nnote 2 2013 earnings per share the weighted average number of shares outstanding used to compute earnings per common share were as follows ( in millions ) : .\n\nTable Data:\n[['', '2015', '2014', '2013'], ['weighted average common shares outstanding for basic computations', '310.3', '316.8', '320.9'], ['weighted average dilutive effect of equity awards', '4.4', '5.6', '5.6'], ['weighted average common shares outstanding for diluted computations', '314.7', '322.4', '326.5']]\n\nFollowing Text:\nwe compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented .\nour calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units and exercise of outstanding stock options based on the treasury stock method .\nthe computation of diluted earnings per common share excluded 2.4 million stock options for the year ended december 31 , 2013 because their inclusion would have been anti-dilutive , primarily due to their exercise prices exceeding the average market prices of our common stock during the respective periods .\nthere were no anti-dilutive equity awards for the years ended december 31 , 2015 and 2014. .\n\nQuestion: what was the change in the percent of the weighted average common shares outstanding for diluted computations from 2014 to 2015",
        "solution": "-2.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WELL/2016/page_61.pdf\n\nID: WELL/2016/page_61.pdf-1\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations the following discussion and analysis is based primarily on the consolidated financial statements of welltower inc .\nfor the periods presented and should be read together with the notes thereto contained in this annual report on form 10-k .\nother important factors are identified in 201citem 1 2014 business 201d and 201citem 1a 2014 risk factors 201d above .\nexecutive summary company overview welltower inc .\n( nyse : hcn ) , an s&p 500 company headquartered in toledo , ohio , is driving the transformation of health care infrastructure .\nthe company invests with leading seniors housing operators , post- acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people 2019s wellness and overall health care experience .\nwelltowertm , a real estate investment trust ( 201creit 201d ) , owns interests in properties concentrated in major , high-growth markets in the united states , canada and the united kingdom , consisting of seniors housing and post-acute communities and outpatient medical properties .\nour capital programs , when combined with comprehensive planning , development and property management services , make us a single-source solution for acquiring , planning , developing , managing , repositioning and monetizing real estate assets .\nthe following table summarizes our consolidated portfolio for the year ended december 31 , 2016 ( dollars in thousands ) : type of property net operating income ( noi ) ( 1 ) percentage of number of properties .\n\nTable Data:\n[['type of property', 'net operating income ( noi ) ( 1 )', 'percentage of noi', 'number of properties'], ['triple-net', '$ 1208860', '50.3% ( 50.3 % )', '631'], ['seniors housing operating', '814114', '33.9% ( 33.9 % )', '420'], ['outpatient medical', '380264', '15.8% ( 15.8 % )', '262'], ['totals', '$ 2403238', '100.0% ( 100.0 % )', '1313']]\n\nFollowing Text:\n( 1 ) excludes our share of investments in unconsolidated entities and non-segment/corporate noi .\nentities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount .\nbusiness strategy our primary objectives are to protect stockholder capital and enhance stockholder value .\nwe seek to pay consistent cash dividends to stockholders and create opportunities to increase dividend payments to stockholders as a result of annual increases in net operating income and portfolio growth .\nto meet these objectives , we invest across the full spectrum of seniors housing and health care real estate and diversify our investment portfolio by property type , relationship and geographic location .\nsubstantially all of our revenues are derived from operating lease rentals , resident fees and services , and interest earned on outstanding loans receivable .\nthese items represent our primary sources of liquidity to fund distributions and depend upon the continued ability of our obligors to make contractual rent and interest payments to us and the profitability of our operating properties .\nto the extent that our customers/partners experience operating difficulties and become unable to generate sufficient cash to make payments to us , there could be a material adverse impact on our consolidated results of operations , liquidity and/or financial condition .\nto mitigate this risk , we monitor our investments through a variety of methods determined by the type of property .\nour proactive and comprehensive asset management process for seniors housing properties generally includes review of monthly financial statements and other operating data for each property , review of obligor/ partner creditworthiness , property inspections , and review of covenant compliance relating to licensure , real estate taxes , letters of credit and other collateral .\nour internal property management division actively manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations , lease expirations , the mix of health service providers , hospital/health system relationships , property performance .\n\nQuestion: by number of properties , outpatient medical was what percent of the total?",
        "solution": "20.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2009/page_183.pdf\n\nID: JPM/2009/page_183.pdf-2\n\nPrevious Text:\njpmorgan chase & co./2009 annual report 181 the following table shows the current credit risk of derivative receivables after netting adjustments , and the current liquidity risk of derivative payables after netting adjustments , as of december 31 , 2009. .\n\nTable Data:\n[['december 31 2009 ( in millions )', 'derivative receivables', 'derivative payables'], ['gross derivative fair value', '$ 1565518', '$ 1519183'], ['nettingadjustment 2013 offsetting receivables/payables', '-1419840 ( 1419840 )', '-1419840 ( 1419840 )'], ['nettingadjustment 2013 cash collateral received/paid', '-65468 ( 65468 )', '-39218 ( 39218 )'], ['carrying value on consolidated balance sheets', '$ 80210', '$ 60125']]\n\nFollowing Text:\nin addition to the collateral amounts reflected in the table above , at december 31 , 2009 , the firm had received and posted liquid secu- rities collateral in the amount of $ 15.5 billion and $ 11.7 billion , respectively .\nthe firm also receives and delivers collateral at the initiation of derivative transactions , which is available as security against potential exposure that could arise should the fair value of the transactions move in the firm 2019s or client 2019s favor , respectively .\nfurthermore , the firm and its counterparties hold collateral related to contracts that have a non-daily call frequency for collateral to be posted , and collateral that the firm or a counterparty has agreed to return but has not yet settled as of the reporting date .\nat december 31 , 2009 , the firm had received $ 16.9 billion and delivered $ 5.8 billion of such additional collateral .\nthese amounts were not netted against the derivative receivables and payables in the table above , because , at an individual counterparty level , the collateral exceeded the fair value exposure at december 31 , 2009 .\ncredit derivatives credit derivatives are financial instruments whose value is derived from the credit risk associated with the debt of a third-party issuer ( the reference entity ) and which allow one party ( the protection purchaser ) to transfer that risk to another party ( the protection seller ) .\ncredit derivatives expose the protection purchaser to the creditworthiness of the protection seller , as the protection seller is required to make payments under the contract when the reference entity experiences a credit event , such as a bankruptcy , a failure to pay its obligation or a restructuring .\nthe seller of credit protection receives a premium for providing protection but has the risk that the underlying instrument referenced in the contract will be subject to a credit event .\nthe firm is both a purchaser and seller of protection in the credit derivatives market and uses these derivatives for two primary purposes .\nfirst , in its capacity as a market-maker in the dealer/client business , the firm actively risk manages a portfolio of credit derivatives by purchasing and selling credit protection , pre- dominantly on corporate debt obligations , to meet the needs of customers .\nas a seller of protection , the firm 2019s exposure to a given reference entity may be offset partially , or entirely , with a contract to purchase protection from another counterparty on the same or similar reference entity .\nsecond , the firm uses credit derivatives to mitigate credit risk associated with its overall derivative receivables and traditional commercial credit lending exposures ( loans and unfunded commitments ) as well as to manage its exposure to residential and commercial mortgages .\nsee note 3 on pages 156--- 173 of this annual report for further information on the firm 2019s mortgage-related exposures .\nin accomplishing the above , the firm uses different types of credit derivatives .\nfollowing is a summary of various types of credit derivatives .\ncredit default swaps credit derivatives may reference the credit of either a single refer- ence entity ( 201csingle-name 201d ) or a broad-based index , as described further below .\nthe firm purchases and sells protection on both single- name and index-reference obligations .\nsingle-name cds and index cds contracts are both otc derivative contracts .\nsingle- name cds are used to manage the default risk of a single reference entity , while cds index are used to manage credit risk associated with the broader credit markets or credit market segments .\nlike the s&p 500 and other market indices , a cds index is comprised of a portfolio of cds across many reference entities .\nnew series of cds indices are established approximately every six months with a new underlying portfolio of reference entities to reflect changes in the credit markets .\nif one of the reference entities in the index experi- ences a credit event , then the reference entity that defaulted is removed from the index .\ncds can also be referenced against spe- cific portfolios of reference names or against customized exposure levels based on specific client demands : for example , to provide protection against the first $ 1 million of realized credit losses in a $ 10 million portfolio of exposure .\nsuch structures are commonly known as tranche cds .\nfor both single-name cds contracts and index cds , upon the occurrence of a credit event , under the terms of a cds contract neither party to the cds contract has recourse to the reference entity .\nthe protection purchaser has recourse to the protection seller for the difference between the face value of the cds contract and the fair value of the reference obligation at the time of settling the credit derivative contract , also known as the recovery value .\nthe protection purchaser does not need to hold the debt instrument of the underlying reference entity in order to receive amounts due under the cds contract when a credit event occurs .\ncredit-linked notes a credit linked note ( 201ccln 201d ) is a funded credit derivative where the issuer of the cln purchases credit protection on a referenced entity from the note investor .\nunder the contract , the investor pays the issuer par value of the note at the inception of the transaction , and in return , the issuer pays periodic payments to the investor , based on the credit risk of the referenced entity .\nthe issuer also repays the investor the par value of the note at maturity unless the reference entity experiences a specified credit event .\nin that event , the issuer is not obligated to repay the par value of the note , but rather , the issuer pays the investor the difference between the par value of the note .\n\nQuestion: in 2009 what was the ratio of the gross derivative fair value recievables to the payables",
        "solution": "1.03"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2008/page_139.pdf\n\nID: STT/2008/page_139.pdf-1\n\nPrevious Text:\nnote 21 .\nexpenses during the fourth quarter of 2008 , we elected to provide support to certain investment accounts managed by ssga through the purchase of asset- and mortgage-backed securities and a cash infusion , which resulted in a charge of $ 450 million .\nssga manages certain investment accounts , offered to retirement plans , that allow participants to purchase and redeem units at a constant net asset value regardless of volatility in the underlying value of the assets held by the account .\nthe accounts enter into contractual arrangements with independent third-party financial institutions that agree to make up any shortfall in the account if all the units are redeemed at the constant net asset value .\nthe financial institutions have the right , under certain circumstances , to terminate this guarantee with respect to future investments in the account .\nduring 2008 , the liquidity and pricing issues in the fixed-income markets adversely affected the market value of the securities in these accounts to the point that the third-party guarantors considered terminating their financial guarantees with the accounts .\nalthough we were not statutorily or contractually obligated to do so , we elected to purchase approximately $ 2.49 billion of asset- and mortgage-backed securities from these accounts that had been identified as presenting increased risk in the current market environment and to contribute an aggregate of $ 450 million to the accounts to improve the ratio of the market value of the accounts 2019 portfolio holdings to the book value of the accounts .\nwe have no ongoing commitment or intent to provide support to these accounts .\nthe securities are carried in investment securities available for sale in our consolidated statement of condition .\nthe components of other expenses were as follows for the years ended december 31: .\n\nTable Data:\n[['( in millions )', '2008', '2007', '2006'], ['customer indemnification obligation', '$ 200', '', ''], ['securities processing', '187', '$ 79', '$ 37'], ['other', '505', '399', '281'], ['total other expenses', '$ 892', '$ 478', '$ 318']]\n\nFollowing Text:\nin september and october 2008 , lehman brothers holdings inc. , or lehman brothers , and certain of its affiliates filed for bankruptcy or other insolvency proceedings .\nwhile we had no unsecured financial exposure to lehman brothers or its affiliates , we indemnified certain customers in connection with these and other collateralized repurchase agreements with lehman brothers entities .\nin the then current market environment , the market value of the underlying collateral had declined .\nduring the third quarter of 2008 , to the extent these declines resulted in collateral value falling below the indemnification obligation , we recorded a reserve to provide for our estimated net exposure .\nthe reserve , which totaled $ 200 million , was based on the cost of satisfying the indemnification obligation net of the fair value of the collateral , which we purchased during the fourth quarter of 2008 .\nthe collateral , composed of commercial real estate loans which are discussed in note 5 , is recorded in loans and leases in our consolidated statement of condition. .\n\nQuestion: what portion of the total other expenses is related to customer indemnification obligation in 2008?",
        "solution": "22.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2008/page_113.pdf\n\nID: HIG/2008/page_113.pdf-1\n\nPrevious Text:\ntable of contents the company receives a foreign tax credit ( 201cftc 201d ) against its u.s .\ntax liability for foreign taxes paid by the company including payments from its separate account assets .\nthe separate account ftc is estimated for the current year using information from the most recent filed return , adjusted for the change in the allocation of separate account investments to the international equity markets during the current year .\nthe actual current year ftc can vary from the estimates due to actual ftcs passed through by the mutual funds .\nthe company recorded benefits of $ 16 , $ 11 and $ 17 related to separate account ftc in the years ended december 31 , 2008 , december 31 , 2007 and december 31 , 2006 , respectively .\nthese amounts included benefits related to true- ups of prior years 2019 tax returns of $ 4 , $ 0 and $ 7 in 2008 , 2007 and 2006 respectively .\nthe company 2019s unrecognized tax benefits increased by $ 15 during 2008 as a result of tax positions taken on the company 2019s 2007 tax return and expected to be taken on its 2008 tax return , bringing the total unrecognized tax benefits to $ 91 as of december 31 , 2008 .\nthis entire amount , if it were recognized , would affect the effective tax rate .\nearnings ( losses ) per common share the following table represents earnings per common share data for the past three years : for additional information on earnings ( losses ) per common share see note 2 of notes to consolidated financial statements .\noutlooks the hartford provides projections and other forward-looking information in the 201coutlook 201d sections within md&a .\nthe 201coutlook 201d sections contain many forward-looking statements , particularly relating to the company 2019s future financial performance .\nthese forward-looking statements are estimates based on information currently available to the company , are made pursuant to the safe harbor provisions of the private securities litigation reform act of 1995 and are subject to the precautionary statements set forth in the introduction to md&a above .\nactual results are likely to differ , and in the past have differed , materially from those forecast by the company , depending on the outcome of various factors , including , but not limited to , those set forth in each 201coutlook 201d section and in item 1a , risk factors .\noutlook during 2008 , the company has been negatively impacted by conditions in the global financial markets and economic conditions in general .\nas these conditions persist in 2009 , the company would anticipate that it would continue to be negatively impacted , including the effect of rating downgrades that have occurred and those that could occur in the future .\nsee risk factors in item 1a .\nretail in the long-term , management continues to believe the market for retirement products will expand as individuals increasingly save and plan for retirement .\ndemographic trends suggest that as the 201cbaby boom 201d generation matures , a significant portion of the united states population will allocate a greater percentage of their disposable incomes to saving for their retirement years due to uncertainty surrounding the social security system and increases in average life expectancy .\nnear-term , the industry and the company are experiencing lower variable annuity sales as a result of recent market turbulence and uncertainty in the u.s .\nfinancial system .\ncurrent market pressures are also increasing the expected claim costs , the cost and volatility of hedging programs , and the level of capital needed to support living benefit guarantees .\nsome companies have already begun to increase the price of their guaranteed living benefits and change the level of guarantees offered .\nin 2009 , the company intends to adjust pricing levels and take certain actions to reduce the risks in its variable annuity product features in order to address the risks and costs associated with variable annuity benefit features in the current economic environment and explore other risk limiting techniques such as increased hedging or other reinsurance structures .\ncompetitor reaction , including the extent of competitor risk limiting strategies , is difficult to predict and may result in a decline in retail 2019s market share .\nsignificant declines in equity markets and increased equity market volatility are also likely to continue to impact the cost and effectiveness of our gmwb hedging program .\ncontinued equity market volatility could result in material losses in our hedging program .\nfor more information on the gmwb hedging program , see the equity risk management section within capital markets risk management .\nduring periods of volatile equity markets , policyholders may allocate more of their variable account assets to the fixed account options and fixed annuities may see increased deposits .\nin the fourth quarter of 2008 , the company has seen an increase in fixed .\n\nTable Data:\n[['', '2008', '2007', '2006'], ['basic earnings ( losses ) per share', '$ -8.99 ( 8.99 )', '$ 9.32', '$ 8.89'], ['diluted earnings ( losses ) per share', '$ -8.99 ( 8.99 )', '$ 9.24', '$ 8.69'], ['weighted average common shares outstanding ( basic )', '306.7', '316.3', '308.8'], ['weighted average common shares outstanding and dilutive potential common shares ( diluted )', '306.7', '319.1', '315.9']]\n\nFollowing Text:\nweighted average common shares outstanding and dilutive potential common shares ( diluted ) 306.7 319.1 315.9 .\n\nQuestion: what is the net income reported in 2008 , ( in millions ) ?",
        "solution": "2757.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2011/page_65.pdf\n\nID: AAPL/2011/page_65.pdf-2\n\nPrevious Text:\nas of september 24 , 2011 , the total amount of gross unrecognized tax benefits was $ 1.4 billion , of which $ 563 million , if recognized , would affect the company 2019s effective tax rate .\nas of september 25 , 2010 , the total amount of gross unrecognized tax benefits was $ 943 million , of which $ 404 million , if recognized , would affect the company 2019s effective tax rate .\nthe aggregate changes in the balance of gross unrecognized tax benefits , which excludes interest and penalties , for the three years ended september 24 , 2011 , is as follows ( in millions ) : .\n\nTable Data:\n[['', '2011', '2010', '2009'], ['beginning balance', '$ 943', '971', '$ 506'], ['increases related to tax positions taken during a prior year', '49', '61', '341'], ['decreases related to tax positions taken during a prior year', '-39 ( 39 )', '-224 ( 224 )', '-24 ( 24 )'], ['increases related to tax positions taken during the current year', '425', '240', '151'], ['decreases related to settlements with taxing authorities', '0', '-102 ( 102 )', '0'], ['decreases related to expiration of statute of limitations', '-3 ( 3 )', '-3 ( 3 )', '-3 ( 3 )'], ['ending balance', '$ 1375', '$ 943', '$ 971']]\n\nFollowing Text:\nthe company includes interest and penalties related to unrecognized tax benefits within the provision for income taxes .\nas of september 24 , 2011 and september 25 , 2010 , the total amount of gross interest and penalties accrued was $ 261 million and $ 247 million , respectively , which is classified as non-current liabilities in the consolidated balance sheets .\nin connection with tax matters , the company recognized interest expense in 2011 and 2009 of $ 14 million and $ 64 million , respectively , and in 2010 the company recognized an interest benefit of $ 43 million .\nthe company is subject to taxation and files income tax returns in the u.s .\nfederal jurisdiction and in many state and foreign jurisdictions .\nfor u.s .\nfederal income tax purposes , all years prior to 2004 are closed .\nthe internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments .\nthe company has contested certain of these adjustments through the irs appeals office .\nthe irs is currently examining the years 2007 through 2009 .\nin addition , the company is also subject to audits by state , local and foreign tax authorities .\nin major states and major foreign jurisdictions , the years subsequent to 1988 and 2001 , respectively , generally remain open and could be subject to examination by the taxing authorities .\nmanagement believes that an adequate provision has been made for any adjustments that may result from tax examinations .\nhowever , the outcome of tax audits cannot be predicted with certainty .\nif any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income tax in the period such resolution occurs .\nalthough timing of the resolution and/or closure of audits is not certain , the company does not believe it is reasonably possible that its unrecognized tax benefits would materially change in the next 12 months .\nnote 6 2013 shareholders 2019 equity and share-based compensation preferred stock the company has five million shares of authorized preferred stock , none of which is issued or outstanding .\nunder the terms of the company 2019s restated articles of incorporation , the board of directors is authorized to determine or alter the rights , preferences , privileges and restrictions of the company 2019s authorized but unissued shares of preferred stock .\ncomprehensive income comprehensive income consists of two components , net income and other comprehensive income .\nother comprehensive income refers to revenue , expenses , gains and losses that under gaap are recorded as an element .\n\nQuestion: what was the net change in millions of the gross unrecognized tax benefits between 2009 and 2010?",
        "solution": "-28"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2002/page_33.pdf\n\nID: LMT/2002/page_33.pdf-1\n\nPrevious Text:\nlockheed martin corporation management 2019s discussion and analysis of financial condition and results of operations december 31 , 2002 space systems space systems 2019 operating results included the following : ( in millions ) 2002 2001 2000 .\n\nTable Data:\n[['( in millions )', '2002', '2001', '2000'], ['net sales', '$ 7384', '$ 6836', '$ 7339'], ['operating profit', '443', '360', '345']]\n\nFollowing Text:\nnet sales for space systems increased by 8% ( 8 % ) in 2002 compared to 2001 .\nthe increase in sales for 2002 resulted from higher volume in government space of $ 370 million and commercial space of $ 180 million .\nin government space , increases of $ 470 million in government satellite programs and $ 130 million in ground systems activities more than offset volume declines of $ 175 million on government launch vehi- cles and $ 55 million on strategic missile programs .\nthe increase in commercial space sales is primarily attributable to an increase in launch vehicle activities , with nine commercial launches during 2002 compared to six in 2001 .\nnet sales for the segment decreased by 7% ( 7 % ) in 2001 com- pared to 2000 .\nthe decrease in sales for 2001 resulted from volume declines in commercial space of $ 560 million , which more than offset increases in government space of $ 60 million .\nin commercial space , sales declined due to volume reductions of $ 480 million in commercial launch vehicle activities and $ 80 million in satellite programs .\nthere were six launches in 2001 compared to 14 launches in 2000 .\nthe increase in gov- ernment space resulted from a combined increase of $ 230 mil- lion related to higher volume on government satellite programs and ground systems activities .\nthese increases were partially offset by a $ 110 million decrease related to volume declines in government launch vehicle activity , primarily due to program maturities , and by $ 50 million due to the absence in 2001 of favorable adjustments recorded on the titan iv pro- gram in 2000 .\noperating profit for the segment increased 23% ( 23 % ) in 2002 as compared to 2001 , mainly driven by the commercial space business .\nreduced losses in commercial space during 2002 resulted in increased operating profit of $ 90 million when compared to 2001 .\ncommercial satellite manufacturing losses declined $ 100 million in 2002 as operating performance improved and satellite deliveries increased .\nin the first quarter of 2001 , a $ 40 million loss provision was recorded on certain commercial satellite manufacturing contracts .\ndue to the industry-wide oversupply and deterioration of pricing in the commercial launch market , financial results on commercial launch vehicles continue to be challenging .\nduring 2002 , this trend led to a decline in operating profit of $ 10 million on commercial launch vehicles when compared to 2001 .\nthis decrease was primarily due to lower profitability of $ 55 mil- lion on the three additional launches in the current year , addi- tional charges of $ 60 million ( net of a favorable contract adjustment of $ 20 million ) for market and pricing pressures and included the adverse effect of a $ 35 million adjustment for commercial launch vehicle contract settlement costs .\nthe 2001 results also included charges for market and pricing pressures , which reduced that year 2019s operating profit by $ 145 million .\nthe $ 10 million decrease in government space 2019s operating profit for the year is primarily due to the reduced volume on government launch vehicles and strategic missile programs , which combined to decrease operating profit by $ 80 million , partially offset by increases of $ 40 million in government satellite programs and $ 30 million in ground systems activities .\noperating profit for the segment increased by 4% ( 4 % ) in 2001 compared to 2000 .\noperating profit increased in 2001 due to a $ 35 million increase in government space partially offset by higher year-over-year losses of $ 20 million in commercial space .\nin government space , operating profit increased due to the impact of higher volume and improved performance in ground systems and government satellite programs .\nthe year- to-year comparison of operating profit was not affected by the $ 50 million favorable titan iv adjustment recorded in 2000 discussed above , due to a $ 55 million charge related to a more conservative assessment of government launch vehi- cle programs that was recorded in the fourth quarter of 2000 .\nin commercial space , decreased operating profit of $ 15 mil- lion on launch vehicles more than offset lower losses on satel- lite manufacturing activities .\nthe commercial launch vehicle operating results included $ 60 million in higher charges for market and pricing pressures when compared to 2000 .\nthese negative adjustments were partially offset by $ 50 million of favorable contract adjustments on certain launch vehicle con- tracts .\ncommercial satellite manufacturing losses decreased slightly from 2000 and included the adverse impact of a $ 40 million loss provision recorded in the first quarter of 2001 for certain commercial satellite contracts related to schedule and technical issues. .\n\nQuestion: what was the lockheed martin corporation profit margin in 2002",
        "solution": "6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2015/page_78.pdf\n\nID: ADI/2015/page_78.pdf-3\n\nPrevious Text:\nanalog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) the following is a schedule of future minimum rental payments required under long-term operating leases at october 31 , operating fiscal years leases .\n\nTable Data:\n[['fiscal years', 'operating leases'], ['2016', '$ 21780'], ['2017', '16305'], ['2018', '8670'], ['2019', '4172'], ['2020', '3298'], ['later years', '5263'], ['total', '$ 59488']]\n\nFollowing Text:\n12 .\ncommitments and contingencies from time to time , in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage and personnel and employment disputes .\nas to such claims and litigation , the company can give no assurance that it will prevail .\nthe company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows .\n13 .\nretirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees .\nthe company maintains a defined contribution plan for the benefit of its eligible u.s .\nemployees .\nthis plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation .\nin addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation .\nthe total expense related to the defined contribution plan for u.s .\nemployees was $ 26.3 million in fiscal 2015 , $ 24.1 million in fiscal 2014 and $ 23.1 million in fiscal 2013 .\nthe company also has various defined benefit pension and other retirement plans for certain non-u.s .\nemployees that are consistent with local statutory requirements and practices .\nthe total expense related to the various defined benefit pension and other retirement plans for certain non-u.s .\nemployees , excluding settlement charges related to the company's irish defined benefit plan , was $ 33.3 million in fiscal 2015 , $ 29.8 million in fiscal 2014 and $ 26.5 million in fiscal 2013 .\nnon-u.s .\nplan disclosures during fiscal 2015 , the company converted the benefits provided to participants in the company 2019s irish defined benefits pension plan ( the db plan ) to benefits provided under the company 2019s irish defined contribution plan .\nas a result , in fiscal 2015 the company recorded expenses of $ 223.7 million , including settlement charges , legal , accounting and other professional fees to settle the pension obligation .\nthe assets related to the db plan were liquidated and used to purchase annuities for retirees and distributed to active and deferred members' accounts in the company's irish defined contribution plan in connection with the plan conversion .\naccordingly , plan assets for the db plan were zero as of the end of fiscal 2015 .\nthe company 2019s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country .\nthe plans 2019 assets consist primarily of u.s .\nand non-u.s .\nequity securities , bonds , property and cash .\nthe benefit obligations and related assets under these plans have been measured at october 31 , 2015 and november 1 , 2014 .\ncomponents of net periodic benefit cost net annual periodic pension cost of non-u.s .\nplans is presented in the following table: .\n\nQuestion: what percent of the leases was paid off in 2016?",
        "solution": "36.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2014/page_47.pdf\n\nID: IPG/2014/page_47.pdf-1\n\nPrevious Text:\nitem 7a .\nquantitative 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 .\nfrom time to time , we use derivative instruments , pursuant to established guidelines and policies , to manage some portion of these risks .\nderivative instruments utilized in our hedging activities are viewed as risk management tools and are not used for trading or speculative purposes .\ninterest 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 .\nthe majority of our debt ( approximately 91% ( 91 % ) and 86% ( 86 % ) as of december 31 , 2014 and 2013 , respectively ) bears interest at fixed rates .\nwe 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 .\nthe 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 .\nincrease/ ( decrease ) in fair market value as of december 31 , 10% ( 10 % ) increase in interest rates 10% ( 10 % ) decrease in interest rates .\n\nTable Data:\n[['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']]\n\nFollowing Text:\nwe have used interest rate swaps for risk management purposes to manage our exposure to changes in interest rates .\nwe do not have any interest rate swaps outstanding as of december 31 , 2014 .\nwe 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 .\nthe interest income generated from these investments is subject to both domestic and foreign interest rate movements .\nduring 2014 and 2013 , we had interest income of $ 27.4 and $ 24.7 , respectively .\nbased 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 .\nforeign currency rates we are subject to translation and transaction risks related to changes in foreign currency exchange rates .\nsince we report revenues and expenses in u.s .\ndollars , changes in exchange rates may either positively or negatively affect our consolidated revenues and expenses ( as expressed in u.s .\ndollars ) from foreign operations .\nthe primary foreign currencies that impacted our results during 2014 included the argentine peso , australian dollar , brazilian real and british pound sterling .\nbased on 2014 exchange rates and operating results , if the u.s .\ndollar 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 .\nthe functional currency of our foreign operations is generally their respective local currency .\nassets 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 .\nthe 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 .\nour foreign subsidiaries generally collect revenues and pay expenses in their functional currency , mitigating transaction risk .\nhowever , certain subsidiaries may enter into transactions in currencies other than their functional currency .\nassets and liabilities denominated in currencies other than the functional currency are susceptible to movements in foreign currency until final settlement .\ncurrency transaction gains or losses primarily arising from transactions in currencies other than the functional currency are included in office and general expenses .\nwe 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. .\n\nQuestion: what is the growth rate of interest income from 2013 to 2014?",
        "solution": "10.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: APTV/2014/page_46.pdf\n\nID: APTV/2014/page_46.pdf-1\n\nPrevious Text:\nitem 2 .\nproperties as of december 31 , 2014 , we owned or leased 129 major manufacturing sites and 15 major technical centers in 33 countries .\na manufacturing site may include multiple plants and may be wholly or partially owned or leased .\nwe also have many smaller manufacturing sites , sales offices , warehouses , engineering centers , joint ventures and other investments strategically located throughout the world .\nthe following table shows the regional distribution of our major manufacturing sites by the operating segment that uses such facilities : north america europe , middle east & africa asia pacific south america total .\n\nTable Data:\n[['', 'north america', 'europemiddle east& africa', 'asia pacific', 'south america', 'total'], ['electrical/electronic architecture', '29', '23', '20', '7', '79'], ['powertrain systems', '4', '10', '6', '2', '22'], ['electronics and safety', '3', '9', '3', '1', '16'], ['thermal systems', '3', '3', '5', '1', '12'], ['total', '39', '45', '34', '11', '129']]\n\nFollowing Text:\nin addition to these manufacturing sites , we had 15 major technical centers : five in north america ; five in europe , middle east and africa ; four in asia pacific ; and one in south america .\nof our 129 major manufacturing sites and 15 major technical centers , which include facilities owned or leased by our consolidated subsidiaries , 83 are primarily owned and 61 are primarily leased .\nwe frequently review our real estate portfolio and develop footprint strategies to support our customers 2019 global plans , while at the same time supporting our technical needs and controlling operating expenses .\nwe believe our evolving portfolio will meet current and anticipated future needs .\nitem 3 .\nlegal proceedings we are from time to time subject to various actions , claims , suits , government investigations , and other proceedings incidental to our business , including those arising out of alleged defects , breach of contracts , competition and antitrust matters , product warranties , intellectual property matters , personal injury claims and employment-related matters .\nit is our opinion that the outcome of such matters will not have a material adverse impact on our consolidated financial position , results of operations , or cash flows .\nwith respect to warranty matters , although we cannot ensure that the future costs of warranty claims by customers will not be material , we believe our established reserves are adequate to cover potential warranty settlements .\nhowever , the final amounts required to resolve these matters could differ materially from our recorded estimates .\ngm ignition switch recall in the first quarter of 2014 , gm , delphi 2019s largest customer , initiated a product recall related to ignition switches .\ndelphi has received requests for information from , and is cooperating with , various government agencies related to this ignition switch recall .\nin addition , delphi has been named as a co-defendant along with gm ( and in certain cases other parties ) in product liability and class action lawsuits related to this matter .\nduring the second quarter of 2014 , all of the class action cases were transferred to the united states district court for the southern district of new york ( the 201cdistrict court 201d ) for coordinated pretrial proceedings .\ntwo consolidated amended class action complaints were filed in the district court on october 14 , 2014 .\ndelphi was not named as a defendant in either complaint .\ndelphi believes the allegations contained in the product liability cases are without merit , and intends to vigorously defend against them .\nalthough no assurances can be made as to the ultimate outcome of these or any other future claims , delphi does not believe a loss is probable and , accordingly , no reserve has been made as of december 31 , 2014 .\nunsecured creditors litigation under the terms of the fourth amended and restated limited liability partnership agreement of delphi automotive llp ( the 201cfourth llp agreement 201d ) , if cumulative distributions to the members of delphi automotive llp under certain provisions of the fourth llp agreement exceed $ 7.2 billion , delphi , as disbursing agent on behalf of dphh , is required to pay to the holders of allowed general unsecured claims against old delphi , $ 32.50 for every $ 67.50 in excess of $ 7.2 billion distributed to the members , up to a maximum amount of $ 300 million .\nin december 2014 , a complaint was filed in the bankruptcy court alleging that the redemption by delphi automotive llp of the membership interests of gm and the pbgc , and the repurchase of shares and payment of dividends by delphi automotive plc , constituted distributions under the terms of the fourth llp agreement approximating $ 7.2 billion .\ndelphi considers cumulative distributions through december 31 , 2014 to be substantially below the $ 7.2 billion threshold , and intends to vigorously contest the allegations set forth in the complaint .\naccordingly , no accrual for this matter has been recorded as of december 31 , 2014. .\n\nQuestion: what percentage of major manufacturing sites are in europe middle east& africa?",
        "solution": "35%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2017/page_45.pdf\n\nID: HUM/2017/page_45.pdf-1\n\nPrevious Text:\nstock total return performance the following graph compares our total return to stockholders with the returns of the standard & poor 2019s composite 500 index ( 201cs&p 500 201d ) and the dow jones us select health care providers index ( 201cpeer group 201d ) for the five years ended december 31 , 2017 .\nthe graph assumes an investment of $ 100 in each of our common stock , the s&p 500 , and the peer group on december 31 , 2012 , and that dividends were reinvested when paid. .\n\nTable Data:\n[['', '12/31/2012', '12/31/2013', '12/31/2014', '12/31/2015', '12/31/2016', '12/31/2017'], ['hum', '$ 100', '$ 152', '$ 214', '$ 267', '$ 307', '$ 377'], ['s&p 500', '$ 100', '$ 132', '$ 150', '$ 153', '$ 171', '$ 208'], ['peer group', '$ 100', '$ 137', '$ 175', '$ 186', '$ 188', '$ 238']]\n\nFollowing Text:\nthe stock price performance included in this graph is not necessarily indicative of future stock price performance. .\n\nQuestion: what was the percent of the growth in the stock total return performance for hum from 2013 to 2014",
        "solution": "41%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2014/page_16.pdf\n\nID: CE/2014/page_16.pdf-4\n\nPrevious Text:\nfortron industries llc .\nfortron is a leading global producer of pps , sold under the fortron ae brand , which is used in a wide variety of automotive and other applications , especially those requiring heat and/or chemical resistance .\nfortron's facility is located in wilmington , north carolina .\nthis venture combines the sales , marketing , distribution , compounding and manufacturing expertise of celanese with the pps polymer technology expertise of kureha america inc .\ncellulose derivatives strategic ventures .\nour cellulose derivatives ventures generally fund their operations using operating cash flow and pay dividends based on each ventures' performance in the preceding year .\nin 2014 , 2013 and 2012 , we received cash dividends of $ 115 million , $ 92 million and $ 83 million , respectively .\nalthough our ownership interest in each of our cellulose derivatives ventures exceeds 20% ( 20 % ) , we account for these investments using the cost method of accounting because we determined that we cannot exercise significant influence over these entities due to local government investment in and influence over these entities , limitations on our involvement in the day-to-day operations and the present inability of the entities to provide timely financial information prepared in accordance with generally accepted accounting principles in the united states of america ( \"us gaap\" ) .\n2022 other equity method investments infraservs .\nwe hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants .\nour ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2014 ( in percentages ) .\n\nTable Data:\n[['', 'as of december 31 2014 ( in percentages )'], ['infraserv gmbh & co . gendorf kg', '39'], ['infraserv gmbh & co . hoechst kg', '32'], ['infraserv gmbh & co . knapsack kg', '27']]\n\nFollowing Text:\nresearch and development our businesses are innovation-oriented and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications .\nresearch and development expense was $ 86 million , $ 85 million and $ 104 million for the years ended december 31 , 2014 , 2013 and 2012 , respectively .\nwe consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives .\nintellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing .\npatents may cover processes , equipment , products , intermediate products and product uses .\nwe also seek to register trademarks as a means of protecting the brand names of our company and products .\npatents .\nin most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes .\nhowever , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce .\nconfidential information .\nwe maintain stringent information security policies and procedures wherever we do business .\nsuch information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training .\ntrademarks .\naoplus ae , aoplus ae2 , aoplus ae3 , ateva ae , avicor ae , britecoat ae , celanese ae , celanex ae , celcon ae , celfx 2122 , celstran ae , celvolit ae , clarifoil ae , duroset ae , ecovae ae , factor ae , fortron ae , gur ae , hostaform ae , impet ae , mowilith ae , nutrinova ae , qorus 2122 , riteflex ae , sunett ae , tcx 2122 , thermx ae , tufcor ae , vantage ae , vantageplus 2122 , vantage ae2 , vectra ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese .\nthe foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese .\nfortron ae is a registered trademark of fortron industries llc. .\n\nQuestion: what is the growth rate in research and development expenses from 2012 to 2013?",
        "solution": "-18.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2010/page_100.pdf\n\nID: AON/2010/page_100.pdf-1\n\nPrevious Text:\nremitted to the u.s .\ndue to foreign tax credits and exclusions that may become available at the time of remittance .\nat december 31 , 2010 , aon had domestic federal operating loss carryforwards of $ 56 million that will expire at various dates from 2011 to 2024 , state operating loss carryforwards of $ 610 million that will expire at various dates from 2011 to 2031 , and foreign operating and capital loss carryforwards of $ 720 million and $ 251 million , respectively , nearly all of which are subject to indefinite carryforward .\nunrecognized tax provisions the following is a reconciliation of the company 2019s beginning and ending amount of unrecognized tax benefits ( in millions ) : .\n\nTable Data:\n[['', '2010', '2009'], ['balance at january 1', '$ 77', '$ 86'], ['additions based on tax positions related to the current year', '7', '2'], ['additions for tax positions of prior years', '4', '5'], ['reductions for tax positions of prior years', '-7 ( 7 )', '-11 ( 11 )'], ['settlements', '-1 ( 1 )', '-10 ( 10 )'], ['lapse of statute of limitations', '-5 ( 5 )', '-3 ( 3 )'], ['acquisitions', '26', '6'], ['foreign currency translation', '-1 ( 1 )', '2'], ['balance at december 31', '$ 100', '$ 77']]\n\nFollowing Text:\nas of december 31 , 2010 , $ 85 million of unrecognized tax benefits would impact the effective tax rate if recognized .\naon does not expect the unrecognized tax positions to change significantly over the next twelve months , except for a potential reduction of unrecognized tax benefits in the range of $ 10-$ 15 million relating to anticipated audit settlements .\nthe company recognizes penalties and interest related to unrecognized income tax benefits in its provision for income taxes .\naon accrued potential penalties of less than $ 1 million during each of 2010 , 2009 and 2008 .\naon accrued interest of less than $ 1 million in 2010 , $ 2 million during 2009 and less than $ 1 million in 2008 .\naon has recorded a liability for penalties of $ 5 million and for interest of $ 18 million for both december 31 , 2010 and 2009 .\naon and its subsidiaries file income tax returns in the u.s .\nfederal jurisdiction as well as various state and international jurisdictions .\naon has substantially concluded all u.s .\nfederal income tax matters for years through 2006 .\nmaterial u.s .\nstate and local income tax jurisdiction examinations have been concluded for years through 2002 .\naon has concluded income tax examinations in its primary international jurisdictions through 2004. .\n\nQuestion: what is the net change in unrecognized tax in 2010?",
        "solution": "23"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2016/page_79.pdf\n\nID: BLK/2016/page_79.pdf-1\n\nPrevious Text:\nsources of blackrock 2019s operating cash primarily include investment advisory , administration fees and securities lending revenue , performance fees , revenue from blackrock solutions and advisory products and services , other revenue and distribution fees .\nblackrock uses its cash to pay all operating expense , interest and principal on borrowings , income taxes , dividends on blackrock 2019s capital stock , repurchases of the company 2019s stock , capital expenditures and purchases of co-investments and seed investments .\nfor details of the company 2019s gaap cash flows from operating , investing and financing activities , see the consolidated statements of cash flows contained in part ii , item 8 of this filing .\ncash flows from operating activities , excluding the impact of consolidated sponsored investment funds , primarily include the receipt of investment advisory and administration fees , securities lending revenue and performance fees offset by the payment of operating expenses incurred in the normal course of business , including year-end incentive compensation accrued for in the prior year .\ncash outflows from investing activities , excluding the impact of consolidated sponsored investment funds , for 2016 were $ 58 million and primarily reflected $ 384 million of investment purchases , $ 119 million of purchases of property and equipment and $ 30 million related to an acquisition , partially offset by $ 441 million of net proceeds from sales and maturities of certain investments .\ncash outflows from financing activities , excluding the impact of consolidated sponsored investment funds , for 2016 were $ 2831 million , primarily resulting from $ 1.4 billion of share repurchases , including $ 1.1 billion in open market- transactions and $ 274 million of employee tax withholdings related to employee stock transactions and $ 1.5 billion of cash dividend payments , partially offset by $ 82 million of excess tax benefits from vested stock-based compensation awards .\nthe company manages its financial condition and funding to maintain appropriate liquidity for the business .\nliquidity resources at december 31 , 2016 and 2015 were as follows : ( in millions ) december 31 , december 31 , cash and cash equivalents ( 1 ) $ 6091 $ 6083 cash and cash equivalents held by consolidated vres ( 2 ) ( 53 ) ( 100 ) .\n\nTable Data:\n[['( in millions )', 'december 31 2016', 'december 31 2015'], ['cash and cash equivalents ( 1 )', '$ 6091', '$ 6083'], ['cash and cash equivalents held by consolidated vres ( 2 )', '-53 ( 53 )', '-100 ( 100 )'], ['subtotal', '6038', '5983'], ['credit facility 2014 undrawn', '4000', '4000'], ['total liquidity resources ( 3 )', '$ 10038', '$ 9983']]\n\nFollowing Text:\ntotal liquidity resources ( 3 ) $ 10038 $ 9983 ( 1 ) the percentage of cash and cash equivalents held by the company 2019s u.s .\nsubsidiaries was approximately 50% ( 50 % ) at both december 31 , 2016 and 2015 .\nsee net capital requirements herein for more information on net capital requirements in certain regulated subsidiaries .\n( 2 ) the company cannot readily access such cash to use in its operating activities .\n( 3 ) amounts do not reflect year-end incentive compensation accruals of approximately $ 1.3 billion and $ 1.5 billion for 2016 and 2015 , respectively , which were paid in the first quarter of the following year .\ntotal liquidity resources increased $ 55 million during 2016 , primarily reflecting cash flows from operating activities , partially offset by cash payments of 2015 year-end incentive awards , share repurchases of $ 1.4 billion and cash dividend payments of $ 1.5 billion .\na significant portion of the company 2019s $ 2414 million of total investments , as adjusted , is illiquid in nature and , as such , cannot be readily convertible to cash .\nshare repurchases .\nthe company repurchased 3.3 million common shares in open market-transactions under its share repurchase program for $ 1.1 billion during 2016 .\nat december 31 , 2016 , there were 3 million shares still authorized to be repurchased .\nin january 2017 , the board of directors approved an increase in the shares that may be repurchased under the company 2019s existing share repurchase program to allow for the repurchase of an additional 6 million shares for a total up to 9 million shares of blackrock common stock .\nnet capital requirements .\nthe company is required to maintain net capital in certain regulated subsidiaries within a number of jurisdictions , which is partially maintained by retaining cash and cash equivalent investments in those subsidiaries or jurisdictions .\nas a result , such subsidiaries of the company may be restricted in their ability to transfer cash between different jurisdictions and to their parents .\nadditionally , transfers of cash between international jurisdictions , including repatriation to the united states , may have adverse tax consequences that could discourage such transfers .\nblackrock institutional trust company , n.a .\n( 201cbtc 201d ) is chartered as a national bank that does not accept client deposits and whose powers are limited to trust and other fiduciary activities .\nbtc provides investment management services , including investment advisory and securities lending agency services , to institutional investors and other clients .\nbtc is subject to regulatory capital and liquid asset requirements administered by the office of the comptroller of the currency .\nat december 31 , 2016 and 2015 , the company was required to maintain approximately $ 1.4 billion and $ 1.1 billion , respectively , in net capital in certain regulated subsidiaries , including btc , entities regulated by the financial conduct authority and prudential regulation authority in the united kingdom , and the company 2019s broker-dealers .\nthe company was in compliance with all applicable regulatory net capital requirements .\nundistributed earnings of foreign subsidiaries .\nas of december 31 , 2016 , the company has not provided for u.s .\nfederal and state income taxes on approximately $ 5.3 billion of undistributed earnings of its foreign subsidiaries .\nsuch earnings are considered indefinitely reinvested outside the united states .\nthe company 2019s current plans do not demonstrate a need to repatriate these funds .\nshort-term borrowings 2016 revolving credit facility .\nthe company 2019s credit facility has an aggregate commitment amount of $ 4.0 billion and was amended in april 2016 to extend the maturity date to march 2021 ( the 201c2016 credit facility 201d ) .\nthe 2016 credit facility permits the company to request up to an additional $ 1.0 billion of borrowing capacity , subject to lender credit approval , increasing the overall size of the 2016 credit facility to an aggregate principal amount not to exceed $ 5.0 billion .\ninterest on borrowings outstanding accrues at a rate based on the applicable london interbank offered rate plus a spread .\nthe 2016 credit facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to .\n\nQuestion: what is the percentage change in total liquidity resources from 2015 to 2016?",
        "solution": "0.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAP/2013/page_68.pdf\n\nID: AAP/2013/page_68.pdf-2\n\nPrevious Text:\nadvance auto parts , inc .\nand subsidiaries notes to the consolidated financial statements december 28 , 2013 , december 29 , 2012 and december 31 , 2011 ( in thousands , except per share data ) in july 2012 , the fasb issued asu no .\n2012-02 201cintangible-goodwill and other 2013 testing indefinite-lived intangible assets for impairment . 201d asu 2012-02 modifies the requirement to test intangible assets that are not subject to amortization based on events or changes in circumstances that might indicate that the asset is impaired now requiring the test only if it is more likely than not that the asset is impaired .\nfurthermore , asu 2012-02 provides entities the option of performing a qualitative assessment to determine if it is more likely than not that the fair value of an intangible asset is less than the carrying amount as a basis for determining whether it is necessary to perform a quantitative impairment test .\nasu 2012-02 is effective for fiscal years beginning after september 15 , 2012 and early adoption is permitted .\nthe adoption of asu 2012-02 had no impact on the company 2019s consolidated financial condition , results of operations or cash flows .\n3 .\ninventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 28 , 2013 and december 29 , 2012 .\nunder lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2013 and prior years .\nthe company recorded a reduction to cost of sales of $ 5572 and $ 24087 in fiscal 2013 and fiscal 2012 , respectively .\nthe company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .\nin fiscal 2011 , the company recorded an increase to cost of sales of $ 24708 due to an increase in supply chain costs and inflationary pressures affecting certain product categories .\nproduct cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( 201cfifo 201d ) method .\nproduct cores are included as part of the company 2019s merchandise costs and are either passed on to the customer or returned to the vendor .\nbecause product cores are not subject to frequent cost changes like the company 2019s other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .\ninventory overhead costs purchasing and warehousing costs included in inventory as of december 28 , 2013 and december 29 , 2012 , were $ 161519 and $ 134258 , respectively .\ninventory balance and inventory reserves inventory balances at the end of fiscal 2013 and 2012 were as follows : december 28 , december 29 .\n\nTable Data:\n[['', 'december 282013', 'december 292012'], ['inventories at fifo net', '$ 2424795', '$ 2182419'], ['adjustments to state inventories at lifo', '131762', '126190'], ['inventories at lifo net', '$ 2556557', '$ 2308609']]\n\nFollowing Text:\ninventory quantities are tracked through a perpetual inventory system .\nthe company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .\nin its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .\nreserves for estimated shrink are established based on the results of physical inventories conducted by the company with the assistance of an independent third party in substantially all of the company 2019s stores over the course of the year , other targeted inventory counts in its stores , results from recent cycle counts in its distribution facilities and historical and current loss trends. .\n\nQuestion: what is the percentage increase in inventories balance due to the adoption of lifo in 2012?",
        "solution": "5.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAG/2008/page_35.pdf\n\nID: CAG/2008/page_35.pdf-1\n\nPrevious Text:\nconsumer foods net sales increased $ 303 million , or 5% ( 5 % ) , for the year to $ 6.8 billion .\nresults reflect an increase of three percentage points from improved net pricing and product mix and two percentage points of improvement from higher volumes .\nnet pricing and volume improvements were achieved in many of the company 2019s priority investment and enabler brands .\nthe impact of product recalls partially offset these improvements .\nthe company implemented significant price increases for many consumer foods products during the fourth quarter of fiscal 2008 .\ncontinued net sales improvements are expected into fiscal 2009 when the company expects to receive the benefit of these pricing actions for full fiscal periods .\nsales of some of the company 2019s most significant brands , including chef boyardee ae , david ae , egg beaters ae , healthy choice ae , hebrew national ae , hunt 2019s ae , marie callender 2019s ae , manwich ae , orville redenbacher 2019s ae , pam ae , ro*tel ae , rosarita ae , snack pack ae , swiss miss ae , wesson ae , and wolf ae grew in fiscal 2008 .\nsales of act ii ae , andy capp ae , banquet ae , crunch 2018n munch ae , kid cuisine ae , parkay ae , pemmican ae , reddi-wip ae , and slim jim ae declined in fiscal 2008 .\nnet sales in the consumer foods segment are not comparable across periods due to a variety of factors .\nthe company initiated a peanut butter recall in the third quarter of fiscal 2007 and reintroduced peter pan ae peanut butter products in august 2007 .\nsales of all peanut butter products , including both branded and private label , in fiscal 2008 were $ 14 million lower than comparable amounts in fiscal 2007 .\nconsumer foods net sales were also adversely impacted by the recall of banquet ae and private label pot pies in the second quarter of fiscal 2008 .\nnet sales of pot pies were lower by approximately $ 22 million in fiscal 2008 , relative to fiscal 2007 , primarily due to product returns and lost sales of banquet ae and private label pot pies .\nsales from alexia foods and lincoln snacks , businesses acquired in fiscal 2008 , totaled $ 66 million in fiscal 2008 .\nthe company divested a refrigerated pizza business during the first half of fiscal 2007 .\nsales from this business were $ 17 million in fiscal food and ingredients net sales were $ 4.1 billion in fiscal 2008 , an increase of $ 706 million , or 21% ( 21 % ) .\nincreased sales are reflective of higher sales prices in the company 2019s milling operations due to higher grain prices , and price and volume increases in the company 2019s potato and dehydrated vegetable operations .\nthe fiscal 2007 divestiture of an oat milling operation resulted in a reduction of sales of $ 27 million for fiscal 2008 , partially offset by increased sales of $ 18 million from the acquisition of watts brothers in february 2008 .\ninternational foods net sales increased $ 65 million to $ 678 million .\nthe strengthening of foreign currencies relative to the u.s .\ndollar accounted for approximately $ 36 million of this increase .\nthe segment achieved a 5% ( 5 % ) increase in sales volume in fiscal 2008 , primarily reflecting increased unit sales in canada and mexico , and modest increases in net pricing .\ngross profit ( net sales less cost of goods sold ) ( $ in millions ) reporting segment fiscal 2008 gross profit fiscal 2007 gross profit % (  % ) increase/ ( decrease ) .\n\nTable Data:\n[['reporting segment', 'fiscal 2008 gross profit', 'fiscal 2007 gross profit', '% (  % ) increase/ ( decrease )'], ['consumer foods', '$ 1802', '$ 1923', '( 6 ) % (  % )'], ['food and ingredients', '724', '590', '23% ( 23 % )'], ['international foods', '190', '180', '6% ( 6 % )'], ['total', '$ 2716', '$ 2693', '1% ( 1 % )']]\n\nFollowing Text:\nthe company 2019s gross profit for fiscal 2008 was $ 2.7 billion , an increase of $ 23 million , or 1% ( 1 % ) , over the prior year .\nthe increase in gross profit was largely driven by results in the food and ingredients segment , reflecting higher margins in the company 2019s milling and specialty potato operations , largely offset by reduced gross profits in the consumer foods segment .\ncosts of implementing the company 2019s restructuring plans reduced gross profit by $ 4 million and $ 46 million in fiscal 2008 and fiscal 2007 , respectively. .\n\nQuestion: what percent of total gross profit in fiscal 2007 was contributed by consumer foods?",
        "solution": "71%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2018/page_61.pdf\n\nID: BKR/2018/page_61.pdf-2\n\nPrevious Text:\nbhge 2018 form 10-k | 41 estimate would equal up to 5% ( 5 % ) of annual revenue .\nthe expenditures are expected to be used primarily for normal , recurring items necessary to support our business .\nwe also anticipate making income tax payments in the range of $ 425 million to $ 475 million in 2019 .\ncontractual obligations in the table below , we set forth our contractual obligations as of december 31 , 2018 .\ncertain amounts included in this table are based on our estimates and assumptions about these obligations , including their duration , anticipated actions by third parties and other factors .\nthe contractual obligations we will actually pay in future periods may vary from those reflected in the table because the estimates and assumptions are subjective. .\n\nTable Data:\n[['( in millions )', '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 more than5 years'], ['total debt and capital lease obligations ( 1 )', '$ 6989', '$ 942', '$ 562', '$ 1272', '$ 4213'], ['estimated interest payments ( 2 )', '3716', '239', '473', '404', '2600'], ['operating leases ( 3 )', '846', '186', '262', '132', '266'], ['purchase obligations ( 4 )', '1507', '1388', '86', '25', '8'], ['total', '$ 13058', '$ 2755', '$ 1383', '$ 1833', '$ 7087']]\n\nFollowing Text:\n( 1 ) amounts represent the expected cash payments for the principal amounts related to our debt , including capital lease obligations .\namounts for debt do not include any deferred issuance costs or unamortized discounts or premiums including step up in the value of the debt on the acquisition of baker hughes .\nexpected cash payments for interest are excluded from these amounts .\ntotal debt and capital lease obligations includes $ 896 million payable to ge and its affiliates .\nas there is no fixed payment schedule on the amount payable to ge and its affiliates we have classified it as payable in less than one year .\n( 2 ) amounts represent the expected cash payments for interest on our long-term debt and capital lease obligations .\n( 3 ) amounts represent the future minimum payments under noncancelable operating leases with initial or remaining terms of one year or more .\nwe enter into operating leases , some of which include renewal options , however , we have excluded renewal options from the table above unless it is anticipated that we will exercise such renewals .\n( 4 ) purchase obligations include expenditures for capital assets for 2019 as well as agreements to purchase goods or services that are enforceable and legally binding and that specify all significant terms , including : fixed or minimum quantities to be purchased ; fixed , minimum or variable price provisions ; and the approximate timing of the transaction .\ndue to the uncertainty with respect to the timing of potential future cash outflows associated with our uncertain tax positions , we are unable to make reasonable estimates of the period of cash settlement , if any , to the respective taxing authorities .\ntherefore , $ 597 million in uncertain tax positions , including interest and penalties , have been excluded from the contractual obligations table above .\nsee \"note 12 .\nincome taxes\" of the notes to consolidated and combined financial statements in item 8 herein for further information .\nwe have certain defined benefit pension and other post-retirement benefit plans covering certain of our u.s .\nand international employees .\nduring 2018 , we made contributions and paid direct benefits of approximately $ 72 million in connection with those plans , and we anticipate funding approximately $ 41 million during 2019 .\namounts for pension funding obligations are based on assumptions that are subject to change , therefore , we are currently not able to reasonably estimate our contribution figures after 2019 .\nsee \"note 11 .\nemployee benefit plans\" of the notes to consolidated and combined financial statements in item 8 herein for further information .\noff-balance sheet arrangements in the normal course of business with customers , vendors and others , we have entered into off-balance sheet arrangements , such as surety bonds for performance , letters of credit and other bank issued guarantees , which totaled approximately $ 3.6 billion at december 31 , 2018 .\nit is not practicable to estimate the fair value of these financial instruments .\nnone of the off-balance sheet arrangements either has , or is likely to have , a material effect on our consolidated and combined financial statements. .\n\nQuestion: what are the combined total operating leases and purchase obligations as a percentage of the total payments due?",
        "solution": "18.0%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VNO/2012/page_190.pdf\n\nID: VNO/2012/page_190.pdf-2\n\nPrevious Text:\nvornado realty trust notes to consolidated financial statements ( continued ) 20 .\nleases as lessor : we lease space to tenants under operating leases .\nmost of the leases provide for the payment of fixed base rentals payable monthly in advance .\noffice building leases generally require the tenants to reimburse us for operating costs and real estate taxes above their base year costs .\nshopping center leases provide for pass-through to tenants the tenant 2019s share of real estate taxes , insurance and maintenance .\nshopping center leases also provide for the payment by the lessee of additional rent based on a percentage of the tenants 2019 sales .\nas of december 31 , 2012 , future base rental revenue under non-cancelable operating leases , excluding rents for leases with an original term of less than one year and rents resulting from the exercise of renewal options , are as follows : ( amounts in thousands ) year ending december 31: .\n\nTable Data:\n[['2013', '$ 1842355'], ['2014', '1738439'], ['2015', '1578559'], ['2016', '1400020'], ['2017', '1249904'], ['thereafter', '6134903']]\n\nFollowing Text:\nthese amounts do not include percentage rentals based on tenants 2019 sales .\nthese percentage rents approximated $ 8466000 , $ 7995000 and $ 7339000 , for the years ended december 31 , 2012 , 2011 and 2010 , respectively .\nnone of our tenants accounted for more than 10% ( 10 % ) of total revenues in any of the years ended december 31 , 2012 , 2011 and 2010 .\nformer bradlees locations pursuant to a master agreement and guaranty , dated may 1 , 1992 , we were due $ 5000000 of annual rent from stop & shop which was allocated to certain bradlees former locations .\non december 31 , 2002 , prior to the expiration of the leases to which the additional rent was allocated , we reallocated this rent to other former bradlees leases also guaranteed by stop & shop .\nstop & shop contested our right to reallocate the rent .\non november 7 , 2011 , the court determined that we had a continuing right to allocate the annual rent to unexpired leases covered by the master agreement and guaranty and directed entry of a judgment in our favor ordering stop & shop to pay us the unpaid annual rent .\nat december 31 , 2012 , we had a $ 47900000 receivable from stop and shop , which is included as a component of 201ctenant and other receivables 201d on our consolidated balance sheet .\non february 6 , 2013 , we received $ 124000000 pursuant to a settlement agreement with stop & shop ( see note 22 2013 commitments and contingencies 2013 litigation ) . .\n\nQuestion: for future base rental revenue under non-cancelable operating leases , excluding rents for leases with an original term of less than one year and rents resulting from the exercise of renewal options , in thousands , what was the change between 2016 and 2017?",
        "solution": "150116"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAS/2010/page_29.pdf\n\nID: MAS/2010/page_29.pdf-1\n\nPrevious Text:\nperformance graph the table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) , ( ii ) the standard & poor 2019s industrials index ( 201cs&p industrials index 201d ) and ( iii ) the standard & poor 2019s consumer durables & apparel index ( 201cs&p consumer durables & apparel index 201d ) , from december 31 , 2005 through december 31 , 2010 , when the closing price of our common stock was $ 12.66 .\nthe graph assumes investments of $ 100 on december 31 , 2005 in our common stock and in each of the three indices and the reinvestment of dividends .\nperformance graph 201020092008200720062005 s&p 500 index s&p industrials index s&p consumer durables & apparel index the table below sets forth the value , as of december 31 for each of the years indicated , of a $ 100 investment made on december 31 , 2005 in each of our common stock , the s&p 500 index , the s&p industrials index and the s&p consumer durables & apparel index and includes the reinvestment of dividends. .\n\nTable Data:\n[['', '2006', '2007', '2008', '2009', '2010'], ['masco', '$ 101.79', '$ 76.74', '$ 42.81', '$ 54.89', '$ 51.51'], ['s&p 500 index', '$ 115.61', '$ 121.95', '$ 77.38', '$ 97.44', '$ 111.89'], ['s&p industrials index', '$ 113.16', '$ 126.72', '$ 76.79', '$ 92.30', '$ 116.64'], ['s&p consumer durables & apparel index', '$ 106.16', '$ 84.50', '$ 56.13', '$ 76.51', '$ 99.87']]\n\nFollowing Text:\nin july 2007 , our board of directors authorized the purchase of up to 50 million shares of our common stock in open-market transactions or otherwise .\nat december 31 , 2010 , we had remaining authorization to repurchase up to 27 million shares .\nduring 2010 , we repurchased and retired three million shares of our common stock , for cash aggregating $ 45 million to offset the dilutive impact of the 2010 grant of three million shares of long-term stock awards .\nwe did not purchase any shares during the three months ended december 31 , 2010. .\n\nQuestion: what was the percentage cumulative total shareholder return on masco common stock for the five year period ended 2010?",
        "solution": "-48.49%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SYY/2011/page_35.pdf\n\nID: SYY/2011/page_35.pdf-1\n\nPrevious Text:\nstock 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 the securities exchange act of 1934 , each as amended , except to the extent that sysco specifically incorporates such information by reference into such filing .\nthe following stock performance graph compares the performance of sysco 2019s common stock to the s&p 500 index and to the s&p 500 food/ staple retail index for sysco 2019s last five fiscal years .\nthe graph assumes that the value of the investment in our common stock , the s&p 500 index , and the s&p 500 food/staple index was $ 100 on the last trading day of fiscal 2006 , and that all dividends were reinvested .\nperformance data for sysco , the s&p 500 index and the s&p 500 food/ staple retail index is provided as of the last trading day of each of our last five fiscal years .\ncomparison of 5 year cumulative total return assumes initial investment of $ 100 .\n\nTable Data:\n[['', '7/1/06', '6/30/07', '6/28/08', '6/27/09', '7/3/10', '7/2/11'], ['sysco corporation', '$ 100', '$ 110', '$ 97', '$ 82', '$ 105', '$ 120'], ['s&p 500', '100', '120', '105', '77', '88', '117'], ['s&p 500 food/staple retail index', '100', '107', '111', '92', '93', '120']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in percentage return of sysco corporation and the s&p 500 for the five years ended 7/2/11?",
        "solution": "3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2014/page_59.pdf\n\nID: AAL/2014/page_59.pdf-3\n\nPrevious Text:\ntable of contents stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing .\nthe following stock performance graph compares our cumulative total shareholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2014 .\nthe comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends .\nthe stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. .\n\nTable Data:\n[['', '12/9/2013', '12/31/2013', '12/31/2014'], ['american airlines group inc .', '$ 100', '$ 103', '$ 219'], ['amex airline index', '100', '102', '152'], ['s&p 500', '100', '102', '114']]\n\nFollowing Text:\n.\n\nQuestion: by how much did american airlines group inc . outperform the amex airline index over the 3 year period?",
        "solution": "67%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2013/page_32.pdf\n\nID: AON/2013/page_32.pdf-2\n\nPrevious Text:\nclass a ordinary shares of aon plc are , at present , eligible for deposit and clearing within the dtc system .\nin connection with the closing of the merger , we entered into arrangements with dtc whereby we agreed to indemnify dtc for any stamp duty and/or sdrt that may be assessed upon it as a result of its service as a depository and clearing agency for our class a ordinary shares .\nin addition , we have obtained a ruling from hmrc in respect of the stamp duty and sdrt consequences of the reorganization , and sdrt has been paid in accordance with the terms of this ruling in respect of the deposit of class a ordinary shares with the initial depository .\ndtc will generally have discretion to cease to act as a depository and clearing agency for the class a ordinary shares .\nif dtc determines at any time that the class a ordinary shares are not eligible for continued deposit and clearance within its facilities , then we believe the class a ordinary shares would not be eligible for continued listing on a u.s .\nsecurities exchange or inclusion in the s&p 500 and trading in the class a ordinary shares would be disrupted .\nwhile we would pursue alternative arrangements to preserve our listing and maintain trading , any such disruption could have a material adverse effect on the trading price of the class a ordinary shares .\nitem 1b .\nunresolved staff comments .\nitem 2 .\nproperties .\nwe have offices in various locations throughout the world .\nsubstantially all of our offices are located in leased premises .\nwe maintain our corporate headquarters at 8 devonshire square , london , england , where we occupy approximately 225000 square feet of space under an operating lease agreement that expires in 2018 .\nwe own one building at pallbergweg 2-4 , amsterdam , the netherlands ( 150000 square feet ) .\nthe following are additional significant leased properties , along with the occupied square footage and expiration .\nproperty : occupied square footage expiration .\n\nTable Data:\n[['property:', 'occupiedsquare footage', 'leaseexpiration dates'], ['4 overlook point and other locations lincolnshire illinois', '1224000', '2017 2013 2024'], ['2601 research forest drive the woodlands texas', '414000', '2020'], ['dlf city and unitech cyber park gurgaon india', '413000', '2014 2013 2015'], ['200 e . randolph street chicago illinois', '396000', '2028'], ['2300 discovery drive orlando florida', '364000', '2020'], ['199 water street new york new york', '319000', '2018'], ['7201 hewitt associates drive charlotte north carolina', '218000', '2015']]\n\nFollowing Text:\nthe locations in lincolnshire , illinois , the woodlands , texas , gurgaon , india , orlando , florida , and charlotte , north carolina , each of which were acquired as part of the hewitt acquisition in 2010 , are primarily dedicated to our hr solutions segment .\nthe other locations listed above house personnel from both of our reportable segments .\nin november 2011 , aon entered into an agreement to lease 190000 square feet in a new building to be constructed in london , united kingdom .\nthe agreement is contingent upon the completion of the building construction .\naon expects to move into the new building in 2015 when it exercises an early break option at the devonshire square location .\nin september 2013 , aon entered into an agreement to lease up to 479000 square feet in a new building to be constructed in gurgaon , india .\nthe agreement is contingent upon the completion of the building construction .\naon expects to move into the new building in phases during 2014 and 2015 upon the expiration of the existing leases at the gurgaon locations .\nin general , no difficulty is anticipated in negotiating renewals as leases expire or in finding other satisfactory space if the premises become unavailable .\nwe believe that the facilities we currently occupy are adequate for the purposes for which they are being used and are well maintained .\nin certain circumstances , we may have unused space and may seek to sublet such space to third parties , depending upon the demands for office space in the locations involved .\nsee note 9 \"lease commitments\" of the notes to consolidated financial statements in part ii , item 8 of this report for information with respect to our lease commitments as of december 31 , 2013 .\nitem 3 .\nlegal proceedings .\nwe hereby incorporate by reference note 16 \"commitments and contingencies\" of the notes to consolidated financial statements in part ii , item 8 of this report. .\n\nQuestion: what is the total square feet of new building to be constructed where aon is expected to move in?",
        "solution": "669000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2009/page_59.pdf\n\nID: DRE/2009/page_59.pdf-1\n\nPrevious Text:\n57 annual report 2009 duke realty corporation | | use of estimates the preparation of the financial statements requires management to make a number of estimates and assumptions that affect the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period .\nthe most significant estimates , as discussed within our summary of significant accounting policies , pertain to the critical assumptions utilized in testing real estate assets for impairment as well as in estimating the fair value of real estate assets when an impairment event has taken place .\nactual results could differ from those estimates .\n( 3 ) significant acquisitions and dispositions consolidation of retail joint ventures through march 31 , 2009 , we were a member in two retail real estate joint ventures with a retail developer .\nboth entities were jointly controlled by us and our partner , through equal voting interests , and were accounted for as unconsolidated subsidiaries under the equity method .\nas of april 1 , 2009 , we had made combined equity contributions of $ 37.9 million to the two entities and we also had combined outstanding principal and accrued interest of $ 173.0 million on advances to the two entities .\nwe advanced $ 2.0 million to the two entities , who then distributed the $ 2.0 million to our partner in exchange for the redemption of our partner 2019s membership interests , effective april 1 , 2009 , at which time we obtained 100% ( 100 % ) control of the voting interests of both entities .\nwe entered these transactions to gain control of these two entities because it will allow us to operate or dispose of the entities in a manner that best serves our capital needs .\nin conjunction with the redemption of our partner 2019s membership interests , we entered a profits interest agreement that entitles our former partner to additional payments should the combined sale of the two acquired entities , as well as the sale of another retail real estate joint venture that we and our partner still jointly control , result in an aggregate profit .\naggregate profit on the sale of these three projects will be calculated by using a formula defined in the profits interest agreement .\nwe have estimated that the fair value of the potential additional payment to our partner is insignificant .\na summary of the fair value of amounts recognized for each major class of assets and liabilities acquired is as follows ( in thousands ) : .\n\nTable Data:\n[['operating rental properties', '$ 176038'], ['undeveloped land', '6500'], ['total real estate investments', '182538'], ['other assets', '3987'], ['lease related intangible assets', '24350'], ['total assets acquired', '210875'], ['liabilities assumed', '-4023 ( 4023 )'], ['net recognized value of acquired assets and liabilities', '$ 206852']]\n\nFollowing Text:\nthe fair values recognized from the real estate and related assets acquired were primarily determined using the income approach .\nthe most significant assumptions in the fair value estimates were the discount rates and the exit capitalization rates .\nthe estimates of fair value were determined to have primarily relied upon level 3 inputs. .\n\nQuestion: of the total real estate investments what was the percent of operating rental properties",
        "solution": "96.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2013/page_35.pdf\n\nID: IPG/2013/page_35.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) corporate and other expenses decreased slightly during 2012 by $ 4.7 to $ 137.3 compared to 2011 , primarily due to lower office and general expenses , partially offset by an increase in temporary help to support our information-technology system-upgrade initiatives .\nliquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. .\n\nTable Data:\n[['cash flow data', 'years ended december 31 , 2013', 'years ended december 31 , 2012', 'years ended december 31 , 2011'], ['net income adjusted to reconcile net income to net cashprovided by operating activities1', '$ 598.4', '$ 697.2', '$ 735.7'], ['net cash used in working capital b2', '-9.6 ( 9.6 )', '-293.2 ( 293.2 )', '-359.4 ( 359.4 )'], ['changes in other non-current assets and liabilities using cash', '4.1', '-46.8 ( 46.8 )', '-102.8 ( 102.8 )'], ['net cash provided by operating activities', '$ 592.9', '$ 357.2', '$ 273.5'], ['net cash used in investing activities', '-224.5 ( 224.5 )', '-210.2 ( 210.2 )', '-58.8 ( 58.8 )'], ['net cash ( used in ) provided by financing activities', '-1212.3 ( 1212.3 )', '131.3', '-541.0 ( 541.0 )']]\n\nFollowing Text:\n1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , non-cash loss related to early extinguishment of debt , and deferred income taxes .\n2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities .\noperating activities net cash provided by operating activities during 2013 was $ 592.9 , which was an increase of $ 235.7 as compared to 2012 , primarily as a result of an improvement in working capital usage of $ 283.6 , offset by a decrease in net income .\ndue to the seasonality of our business , we typically generate cash from working capital in the second half of a year and use cash from working capital in the first half of a year , with the largest impacts in the first and fourth quarters .\nthe improvement in working capital in 2013 was impacted by our media businesses and an ongoing focus on working capital management at our agencies .\nnet cash provided by operating activities during 2012 was $ 357.2 , which was an increase of $ 83.7 as compared to 2011 , primarily as a result of a decrease in working capital usage of $ 66.2 .\nthe net working capital usage in 2012 was primarily impacted by our media businesses .\nthe timing of media buying on behalf of our clients affects our working capital and operating cash flow .\nin most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients .\nto the extent possible we pay production and media charges after we have received funds from our clients .\nthe amounts involved substantially exceed our revenues , and primarily affect the level of accounts receivable , expenditures billable to clients , accounts payable and accrued liabilities .\nour assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers .\nour accrued liabilities are also affected by the timing of certain other payments .\nfor example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year .\ninvesting activities net cash used in investing activities during 2013 primarily relates to payments for capital expenditures and acquisitions .\ncapital expenditures of $ 173.0 relate primarily to computer hardware and software and leasehold improvements .\nwe made payments of $ 61.5 related to acquisitions completed during 2013. .\n\nQuestion: what is the net change in cash in 2013?",
        "solution": "-843.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2017/page_40.pdf\n\nID: IPG/2017/page_40.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) the effect of foreign exchange rate changes on cash , cash equivalents and restricted cash included in the consolidated statements of cash flows resulted in an increase of $ 11.6 in 2016 , primarily a result of the brazilian real strengthening against the u.s .\ndollar as of december 31 , 2016 compared to december 31 , 2015. .\n\nTable Data:\n[['balance sheet data', 'december 31 , 2017', 'december 31 , 2016'], ['cash cash equivalents and marketable securities', '$ 791.0', '$ 1100.6'], ['short-term borrowings', '$ 84.9', '$ 85.7'], ['current portion of long-term debt', '2.0', '323.9'], ['long-term debt', '1285.6', '1280.7'], ['total debt', '$ 1372.5', '$ 1690.3']]\n\nFollowing Text:\nliquidity outlook we expect our cash flow from operations and existing cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months .\nwe also have a committed corporate credit facility , uncommitted lines of credit and a commercial paper program available to support our operating needs .\nwe 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 .\nfrom time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk .\nour ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit ratings , and those related to the financial markets , such as the amount or terms of available credit .\nthere can be no guarantee that we would be able to access new sources of liquidity , or continue to access existing sources of liquidity , on commercially reasonable terms , or at all .\nfunding requirements our most significant funding requirements include our operations , non-cancelable operating lease obligations , capital expenditures , acquisitions , common stock dividends , taxes and debt service .\nadditionally , we may be required to make payments to minority shareholders in certain subsidiaries if they exercise their options to sell us their equity interests .\nnotable funding requirements include : 2022 debt service 2013 as of december 31 , 2017 , we had outstanding short-term borrowings of $ 84.9 from our uncommitted lines of credit used primarily to fund seasonal working capital needs .\nthe remainder of our debt is primarily long-term , with maturities scheduled through 2024 .\nsee the table below for the maturity schedule of our long-term debt .\n2022 acquisitions 2013 we paid cash of $ 29.7 , net of cash acquired of $ 7.1 , for acquisitions completed in 2017 .\nwe also paid $ 0.9 in up-front payments and $ 100.8 in deferred payments for prior-year acquisitions as well as ownership increases in our consolidated subsidiaries .\nin addition to potential cash expenditures for new acquisitions , we expect to pay approximately $ 42.0 in 2018 related to prior acquisitions .\nwe may also be required to pay approximately $ 33.0 in 2018 related to put options held by minority shareholders if exercised .\nwe will continue to evaluate strategic opportunities to grow and continue to strengthen our market position , particularly in our digital and marketing services offerings , and to expand our presence in high-growth and key strategic world markets .\n2022 dividends 2013 during 2017 , we paid four quarterly cash dividends of $ 0.18 per share on our common stock , which corresponded to aggregate dividend payments of $ 280.3 .\non february 14 , 2018 , we announced that our board of directors ( the 201cboard 201d ) had declared a common stock cash dividend of $ 0.21 per share , payable on march 15 , 2018 to holders of record as of the close of business on march 1 , 2018 .\nassuming we pay a quarterly dividend of $ 0.21 per share and there is no significant change in the number of outstanding shares as of december 31 , 2017 , we would expect to pay approximately $ 320.0 over the next twelve months. .\n\nQuestion: what are the total current liabilities at the end of 2017?",
        "solution": "86.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: TROW/2009/page_23.pdf\n\nID: TROW/2009/page_23.pdf-3\n\nPrevious Text:\nour non-operating investment activity resulted in net losses of $ 12.7 million in 2009 and $ 52.3 million in 2008 .\nthe improvement of nearly $ 40 million is primarily attributable to a reduction in the other than temporary impairments recognized on our investments in sponsored mutual funds in 2009 versus 2008 .\nthe following table details our related mutual fund investment gains and losses ( in millions ) during the past two years. .\n\nTable Data:\n[['', '2008', '2009', 'change'], ['other than temporary impairments recognized', '$ -91.3 ( 91.3 )', '$ -36.1 ( 36.1 )', '$ 55.2'], ['capital gain distributions received', '5.6', '2.0', '-3.6 ( 3.6 )'], ['net gain ( loss ) realized on fund dispositions', '-4.5 ( 4.5 )', '7.4', '11.9'], ['net loss recognized on fund holdings', '$ -90.2 ( 90.2 )', '$ -26.7 ( 26.7 )', '$ 63.5']]\n\nFollowing Text:\nlower income of $ 16 million from our money market holdings due to the significantly lower interest rate environment offset the improvement experienced with our fund investments .\nthere is no impairment of any of our mutual fund investments at december 31 , 2009 .\nthe 2009 provision for income taxes as a percentage of pretax income is 37.1% ( 37.1 % ) , down from 38.4% ( 38.4 % ) in 2008 and .9% ( .9 % ) lower than our present estimate of 38.0% ( 38.0 % ) for the 2010 effective tax rate .\nour 2009 provision includes reductions of prior years 2019 tax provisions and discrete nonrecurring benefits that lowered our 2009 effective tax rate by 1.0% ( 1.0 % ) .\n2008 versus 2007 .\ninvestment advisory revenues decreased 6.3% ( 6.3 % ) , or $ 118 million , to $ 1.76 billion in 2008 as average assets under our management decreased $ 16 billion to $ 358.2 billion .\nthe average annualized fee rate earned on our assets under management was 49.2 basis points in 2008 , down from the 50.2 basis points earned in 2007 , as lower equity market valuations resulted in a greater percentage of our assets under management being attributable to lower fee fixed income portfolios .\ncontinuing stress on the financial markets and resulting lower equity valuations as 2008 progressed resulted in lower average assets under our management , lower investment advisory fees and lower net income as compared to prior periods .\nnet revenues decreased 5% ( 5 % ) , or $ 112 million , to $ 2.12 billion .\noperating expenses were $ 1.27 billion in 2008 , up 2.9% ( 2.9 % ) or $ 36 million from 2007 .\nnet operating income for 2008 decreased $ 147.9 million , or 14.8% ( 14.8 % ) , to $ 848.5 million .\nhigher operating expenses in 2008 and decreased market valuations during the latter half of 2008 , which lowered our assets under management and advisory revenues , resulted in our 2008 operating margin declining to 40.1% ( 40.1 % ) from 44.7% ( 44.7 % ) in 2007 .\nnon-operating investment losses in 2008 were $ 52.3 million as compared to investment income of $ 80.4 million in 2007 .\ninvestment losses in 2008 include non-cash charges of $ 91.3 million for the other than temporary impairment of certain of the firm 2019s investments in sponsored mutual funds .\nnet income in 2008 fell 27% ( 27 % ) or nearly $ 180 million from 2007 .\ndiluted earnings per share , after the retrospective application of new accounting guidance effective in 2009 , decreased to $ 1.81 , down $ .59 or 24.6% ( 24.6 % ) from $ 2.40 in 2007 .\na non-operating charge to recognize other than temporary impairments of our sponsored mutual fund investments reduced diluted earnings per share by $ .21 in 2008 .\ninvestment advisory revenues earned from the t .\nrowe price mutual funds distributed in the united states decreased 8.5% ( 8.5 % ) , or $ 114.5 million , to $ 1.24 billion .\naverage mutual fund assets were $ 216.1 billion in 2008 , down $ 16.7 billion from 2007 .\nmutual fund assets at december 31 , 2008 , were $ 164.4 billion , down $ 81.6 billion from the end of 2007 .\nnet inflows to the mutual funds during 2008 were $ 3.9 billion , including $ 1.9 billion to the money funds , $ 1.1 billion to the bond funds , and $ .9 billion to the stock funds .\nthe value , equity index 500 , and emerging markets stock funds combined to add $ 4.1 billion , while the mid-cap growth and equity income stock funds had net redemptions of $ 2.2 billion .\nnet fund inflows of $ 6.2 billion originated in our target-date retirement funds , which in turn invest in other t .\nrowe price funds .\nfund net inflow amounts in 2008 are presented net of $ 1.3 billion that was transferred to target-date trusts from the retirement funds during the year .\ndecreases in market valuations and income not reinvested lowered our mutual fund assets under management by $ 85.5 billion during 2008 .\ninvestment advisory revenues earned on the other investment portfolios that we manage decreased $ 3.6 million to $ 522.2 million .\naverage assets in these portfolios were $ 142.1 billion during 2008 , up slightly from $ 141.4 billion in 2007 .\nthese minor changes , each less than 1% ( 1 % ) , are attributable to the timing of declining equity market valuations and cash flows among our separate account and subadvised portfolios .\nnet inflows , primarily from institutional investors , were $ 13.2 billion during 2008 , including the $ 1.3 billion transferred from the retirement funds to target-date trusts .\ndecreases in market valuations , net of income , lowered our assets under management in these portfolios by $ 55.3 billion during 2008 .\nmanagement 2019s discussion & analysis 21 .\n\nQuestion: what was the value , in millions of dollars , of net revenues in 2007?",
        "solution": "2232"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DRE/2016/page_64.pdf\n\nID: DRE/2016/page_64.pdf-4\n\nPrevious Text:\n.\n\nTable Data:\n[['contractual obligations', 'payments due by period ( in thousands ) total', 'payments due by period ( in thousands ) 2017', 'payments due by period ( in thousands ) 2018', 'payments due by period ( in thousands ) 2019', 'payments due by period ( in thousands ) 2020', 'payments due by period ( in thousands ) 2021', 'payments due by period ( in thousands ) thereafter'], ['long-term debt ( 1 )', '$ 3508789', '$ 203244', '$ 409257', '$ 366456', '$ 461309', '$ 329339', '$ 1739184'], ['line of credit ( 2 )', '56127', '2650', '2650', '2650', '48177', '2014', '2014'], [\"share of unconsolidated joint ventures' debt ( 3 )\", '91235', '2444', '28466', '5737', '11598', '1236', '41754'], ['ground leases', '311120', '10745', '5721', '5758', '5793', '5822', '277281'], ['development and construction backlog costs ( 4 )', '344700', '331553', '13147', '2014', '2014', '2014', '2014'], ['other', '43357', '7502', '7342', '5801', '4326', '3906', '14480'], ['total contractual obligations', '$ 4355328', '$ 558138', '$ 466583', '$ 386402', '$ 531203', '$ 340303', '$ 2072699']]\n\nFollowing Text:\n( 1 ) our long-term debt consists of both secured and unsecured debt and includes both principal and interest .\ninterest payments for variable rate debt were calculated using the interest rates as of december 31 , 2016 .\nrepayment of our $ 250.0 million variable rate term note , which has a contractual maturity date in january 2019 , is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion .\n( 2 ) our unsecured line of credit has a contractual maturity date in january 2019 , but is reflected as a 2020 obligation in the table above based on the ability to exercise a one-year extension , which we may exercise at our discretion .\ninterest payments for our unsecured line of credit were calculated using the most recent stated interest rate that was in effect.ff ( 3 ) our share of unconsolidated joint venture debt includes both principal and interest .\ninterest expense for variable rate debt was calculated using the interest rate at december 31 , 2016 .\n( 4 ) represents estimated remaining costs on the completion of owned development projects and third-party construction projects .\nrelated party y transactionstt we provide property and asset management , leasing , construction and other tenant-related services to ww unconsolidated companies in which we have equity interests .\nfor the years ended december 31 , 2016 , 2015 and 2014 we earned management fees of $ 4.5 million , $ 6.8 million and $ 8.5 million , leasing fees of $ 2.4 million , $ 3.0 million and $ 3.4 million and construction and development fees of $ 8.0 million , $ 6.1 million and $ 5.8 million , respectively , from these companies , prior to elimination of our ownership percentage .\nyy we recorded these fees based ww on contractual terms that approximate market rates for these types of services and have eliminated our ownership percentages of these fees in the consolidated financial statements .\ncommitments and contingenciesg the partnership has guaranteed the repayment of $ 32.9 million of economic development bonds issued by various municipalities in connection with certain commercial developments .\nwe will be required to make payments under ww our guarantees to the extent that incremental taxes from specified developments are not sufficient to pay the bond ff debt service .\nmanagement does not believe that it is probable that we will be required to make any significant payments in satisfaction of these guarantees .\nthe partnership also has guaranteed the repayment of an unsecured loan of one of our unconsolidated subsidiaries .\nat december 31 , 2016 , the maximum guarantee exposure for this loan was approximately $ 52.1 million .\nwe lease certain land positions with terms extending toww march 2114 , with a total future payment obligation of $ 311.1 million .\nthe payments on these ground leases , which are classified as operating leases , are not material in any individual year .\nin addition to ground leases , we are party to other operating leases as part of conducting our business , including leases of office space from third parties , with a total future payment obligation of ff $ 43.4 million at december 31 , 2016 .\nno future payments on these leases are material in any individual year .\nwe are subject to various legal proceedings and claims that arise in the ordinary course of business .\nin the opinion ww of management , the amount of any ultimate liability with respect to these actions is not expected to materially affect ff our consolidated financial statements or results of operations .\nwe own certain parcels of land that are subject to special property tax assessments levied by quasi municipalww entities .\nto the extent that such special assessments are fixed and determinable , the discounted value of the fulltt .\n\nQuestion: what was the total fees earned in 2016 for management , leasing and construction and development",
        "solution": "14.9"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JKHY/2008/page_30.pdf\n\nID: JKHY/2008/page_30.pdf-3\n\nPrevious Text:\nl iquidity and capital resources we have historically generated positive cash flow from operations and have generally used funds generated from operations and short-term borrowings on our revolving credit facility to meet capital requirements .\nwe expect this trend to continue in the future .\nthe company's cash and cash equivalents decreased to $ 65565 at june 30 , 2008 from $ 88617 at june 30 , 2007 .\nthe following table summarizes net cash from operating activities in the statement of cash flows : year ended june 30 cash provided by operations increased $ 6754 to $ 181001 for the fiscal year ended june 30 , 2008 as compared to $ 174247 for the fiscal year ended june 30 , 2007 .\nthis increase is primarily attributable to an increase in expenses that do not have a corresponding cash outflow , such as depreciation and amortization , as a percentage of total net income .\ncash used in investing activities for the fiscal year ended june 2008 was $ 102148 and includes payments for acquisitions of $ 48109 , plus $ 1215 in contingent consideration paid on prior years 2019 acquisitions .\nduring fiscal 2007 , payments for acquisitions totaled $ 34006 , plus $ 5301 paid on earn-outs and other acquisition adjustments .\ncapital expenditures for fiscal 2008 were $ 31105 compared to $ 34202 for fiscal 2007 .\ncash used for software development in fiscal 2008 was $ 23736 compared to $ 20743 during the prior year .\nnet cash used in financing activities for the current fiscal year was $ 101905 and includes the repurchase of 4200 shares of our common stock for $ 100996 , the payment of dividends of $ 24683 and $ 429 net repayment on our revolving credit facilities .\ncash used in financing activities was partially offset by proceeds of $ 20394 from the exercise of stock options and the sale of common stock and $ 3809 excess tax benefits from stock option exercises .\nduring fiscal 2007 , net cash used in financing activities included the repurchase of our common stock for $ 98413 and the payment of dividends of $ 21685 .\nas in the current year , cash used in fiscal 2007 was partially offset by proceeds from the exercise of stock options and the sale of common stock of $ 29212 , $ 4640 excess tax benefits from stock option exercises and $ 19388 net borrowings on revolving credit facilities .\nat june 30 , 2008 , the company had negative working capital of $ 11418 ; however , the largest component of current liabilities was deferred revenue of $ 212375 .\nthe cash outlay necessary to provide the services related to these deferred revenues is significantly less than this recorded balance .\ntherefore , we do not anticipate any liquidity problems to result from this condition .\nu.s .\nfinancial markets and many of the largest u.s .\nfinancial institutions have recently been shaken by negative developments in the home mortgage industry and the mortgage markets , and particularly the markets for subprime mortgage-backed securities .\nwhile we believe it is too early to predict what effect , if any , these developments may have , we have not experienced any significant issues with our current collec- tion efforts , and we believe that any future impact to our liquidity would be minimized by our access to available lines of credit .\n2008 2007 2006 .\n\nTable Data:\n[['2007', 'year ended june 30 2008 2007', 'year ended june 30 2008 2007', 'year ended june 30 2008'], ['net income', '$ 104222', '$ 104681', '$ 89923'], ['non-cash expenses', '70420', '56348', '52788'], ['change in receivables', '-2913 ( 2913 )', '-28853 ( 28853 )', '30413'], ['change in deferred revenue', '5100', '24576', '10561'], ['change in other assets and liabilities', '4172', '17495', '-14247 ( 14247 )'], ['net cash from operating activities', '$ 181001', '$ 174247', '$ 169438']]\n\nFollowing Text:\n.\n\nQuestion: what was change in millions of cash used for software development in fiscal 2008 compared to the prior year?",
        "solution": "2993"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2018/page_165.pdf\n\nID: GS/2018/page_165.pdf-2\n\nPrevious Text:\nthe goldman sachs group , inc .\nand subsidiaries notes to consolidated financial statements 2030 purchased interests represent senior and subordinated interests , purchased in connection with secondary market-making activities , in securitization entities in which the firm also holds retained interests .\n2030 substantially all of the total outstanding principal amount and total retained interests relate to securitizations during 2014 and thereafter as of december 2018 , and relate to securitizations during 2012 and thereafter as of december 2017 .\n2030 the fair value of retained interests was $ 3.28 billion as of december 2018 and $ 2.13 billion as of december 2017 .\nin addition to the interests in the table above , the firm had other continuing involvement in the form of derivative transactions and commitments with certain nonconsolidated vies .\nthe carrying value of these derivatives and commitments was a net asset of $ 75 million as of december 2018 and $ 86 million as of december 2017 , and the notional amount of these derivatives and commitments was $ 1.09 billion as of december 2018 and $ 1.26 billion as of december 2017 .\nthe notional amounts of these derivatives and commitments are included in maximum exposure to loss in the nonconsolidated vie table in note 12 .\nthe table below presents information about the weighted average key economic assumptions used in measuring the fair value of mortgage-backed retained interests. .\n\nTable Data:\n[['$ in millions', 'as of december 2018', 'as of december 2017'], ['fair value of retained interests', '$ 3151', '$ 2071'], ['weighted average life ( years )', '7.2', '6.0'], ['constant prepayment rate', '11.9% ( 11.9 % )', '9.4% ( 9.4 % )'], ['impact of 10% ( 10 % ) adverse change', '$ -27 ( 27 )', '$ -19 ( 19 )'], ['impact of 20% ( 20 % ) adverse change', '$ -53 ( 53 )', '$ -35 ( 35 )'], ['discount rate', '4.7% ( 4.7 % )', '4.2% ( 4.2 % )'], ['impact of 10% ( 10 % ) adverse change', '$ -75 ( 75 )', '$ -35 ( 35 )'], ['impact of 20% ( 20 % ) adverse change', '$ -147 ( 147 )', '$ -70 ( 70 )']]\n\nFollowing Text:\nin the table above : 2030 amounts do not reflect the benefit of other financial instruments that are held to mitigate risks inherent in these retained interests .\n2030 changes in fair value based on an adverse variation in assumptions generally cannot be extrapolated because the relationship of the change in assumptions to the change in fair value is not usually linear .\n2030 the impact of a change in a particular assumption is calculated independently of changes in any other assumption .\nin practice , simultaneous changes in assumptions might magnify or counteract the sensitivities disclosed above .\n2030 the constant prepayment rate is included only for positions for which it is a key assumption in the determination of fair value .\n2030 the discount rate for retained interests that relate to u.s .\ngovernment agency-issued collateralized mortgage obligations does not include any credit loss .\nexpected credit loss assumptions are reflected in the discount rate for the remainder of retained interests .\nthe firm has other retained interests not reflected in the table above with a fair value of $ 133 million and a weighted average life of 4.2 years as of december 2018 , and a fair value of $ 56 million and a weighted average life of 4.5 years as of december 2017 .\ndue to the nature and fair value of certain of these retained interests , the weighted average assumptions for constant prepayment and discount rates and the related sensitivity to adverse changes are not meaningful as of both december 2018 and december 2017 .\nthe firm 2019s maximum exposure to adverse changes in the value of these interests is the carrying value of $ 133 million as of december 2018 and $ 56 million as of december 2017 .\nnote 12 .\nvariable interest entities a variable interest in a vie is an investment ( e.g. , debt or equity ) or other interest ( e.g. , derivatives or loans and lending commitments ) that will absorb portions of the vie 2019s expected losses and/or receive portions of the vie 2019s expected residual returns .\nthe firm 2019s variable interests in vies include senior and subordinated debt ; loans and lending commitments ; limited and general partnership interests ; preferred and common equity ; derivatives that may include foreign currency , equity and/or credit risk ; guarantees ; and certain of the fees the firm receives from investment funds .\ncertain interest rate , foreign currency and credit derivatives the firm enters into with vies are not variable interests because they create , rather than absorb , risk .\nvies generally finance the purchase of assets by issuing debt and equity securities that are either collateralized by or indexed to the assets held by the vie .\nthe debt and equity securities issued by a vie may include tranches of varying levels of subordination .\nthe firm 2019s involvement with vies includes securitization of financial assets , as described in note 11 , and investments in and loans to other types of vies , as described below .\nsee note 11 for further information about securitization activities , including the definition of beneficial interests .\nsee note 3 for the firm 2019s consolidation policies , including the definition of a vie .\ngoldman sachs 2018 form 10-k 149 .\n\nQuestion: what was the change in the weighted average life ( years ) as of december 2018 and december 2017?\\\\n",
        "solution": "1.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2015/page_83.pdf\n\nID: IP/2015/page_83.pdf-2\n\nPrevious Text:\n( c ) the cash payments are interest payments on the associated debt obligations discussed above .\nafter formation of the 2015 financing entities , the payments represent interest paid on nonrecourse financial liabilities of special purpose entities .\nin connection with the acquisition of temple-inland in february 2012 , two special purpose entities became wholly-owned subsidiaries of international paper .\nthe use of the two wholly-owned special purpose entities discussed below preserved the tax deferral that resulted from the 2007 temple-inland timberlands sales .\nthe company recognized an $ 840 million deferred tax liability in connection with the 2007 sales , which will be settled with the maturity of the notes in in october 2007 , temple-inland sold 1.55 million acres of timberland for $ 2.38 billion .\nthe total consideration consisted almost entirely of notes due in 2027 issued by the buyer of the timberland , which temple-inland contributed to two wholly-owned , bankruptcy-remote special purpose entities .\nthe notes are shown in financial assets of special purpose entities in the accompanying consolidated balance sheet and are supported by $ 2.38 billion of irrevocable letters of credit issued by three banks , which are required to maintain minimum credit ratings on their long-term debt .\nin the third quarter of 2012 , international paper completed its preliminary analysis of the acquisition date fair value of the notes and determined it to be $ 2.09 billion .\nas of december 31 , 2015 and 2014 , the fair value of the notes was $ 2.10 billion and $ 2.27 billion , respectively .\nthese notes are classified as level 2 within the fair value hierarchy , which is further defined in note 14 .\nin december 2007 , temple-inland's two wholly-owned special purpose entities borrowed $ 2.14 billion shown in nonrecourse financial liabilities of special purpose entities .\nthe loans are repayable in 2027 and are secured only by the $ 2.38 billion of notes and the irrevocable letters of credit securing the notes and are nonrecourse to us .\nthe loan agreements provide that if a credit rating of any of the banks issuing the letters of credit is downgraded below the specified threshold , the letters of credit issued by that bank must be replaced within 30 days with letters of credit from another qualifying financial institution .\nin the third quarter of 2012 , international paper completed its preliminary analysis of the acquisition date fair value of the borrowings and determined it to be $ 2.03 billion .\nas of december 31 , 2015 and 2014 , the fair value of this debt was $ 1.97 billion and $ 2.16 billion , respectively .\nthis debt is classified as level 2 within the fair value hierarchy , which is further defined in note 14 .\nactivity between the company and the 2007 financing entities was as follows: .\n\nTable Data:\n[['in millions', '2015', '2014', '2013'], ['revenue ( a )', '$ 27', '$ 26', '$ 27'], ['expense ( b )', '27', '25', '29'], ['cash receipts ( c )', '7', '7', '8'], ['cash payments ( d )', '18', '18', '21']]\n\nFollowing Text:\n( a ) the revenue is included in interest expense , net in the accompanying consolidated statement of operations and includes approximately $ 19 million , $ 19 million and $ 19 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively , of accretion income for the amortization of the purchase accounting adjustment on the financial assets of special purpose entities .\n( b ) the expense is included in interest expense , net in the accompanying consolidated statement of operations and includes approximately $ 7 million , $ 7 million and $ 7 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively , of accretion expense for the amortization of the purchase accounting adjustment on the nonrecourse financial liabilities of special purpose entities .\n( c ) the cash receipts are interest received on the financial assets of special purpose entities .\n( d ) the cash payments are interest paid on nonrecourse financial liabilities of special purpose entities .\nnote 13 debt and lines of credit in 2015 , international paper issued $ 700 million of 3.80% ( 3.80 % ) senior unsecured notes with a maturity date in 2026 , $ 600 million of 5.00% ( 5.00 % ) senior unsecured notes with a maturity date in 2035 , and $ 700 million of 5.15% ( 5.15 % ) senior unsecured notes with a maturity date in 2046 .\nthe proceeds from this borrowing were used to repay approximately $ 1.0 billion of notes with interest rates ranging from 4.75% ( 4.75 % ) to 9.38% ( 9.38 % ) and original maturities from 2018 to 2022 , along with $ 211 million of cash premiums associated with the debt repayments .\nadditionally , the proceeds from this borrowing were used to make a $ 750 million voluntary cash contribution to the company's pension plan .\npre-tax early debt retirement costs of $ 207 million related to the debt repayments , including the $ 211 million of cash premiums , are included in restructuring and other charges in the accompanying consolidated statement of operations for the twelve months ended december 31 , 2015 .\nduring the second quarter of 2014 , international paper issued $ 800 million of 3.65% ( 3.65 % ) senior unsecured notes with a maturity date in 2024 and $ 800 million of 4.80% ( 4.80 % ) senior unsecured notes with a maturity date in 2044 .\nthe proceeds from this borrowing were used to repay approximately $ 960 million of notes with interest rates ranging from 7.95% ( 7.95 % ) to 9.38% ( 9.38 % ) and original maturities from 2018 to 2019 .\npre-tax early debt retirement costs of $ 262 million related to these debt repayments , including $ 258 million of cash premiums , are included in restructuring and other charges in the accompanying consolidated statement of operations for the twelve months ended december 31 , 2014. .\n\nQuestion: what was the ratio of the fair value of international paper completed preliminary analysis of the acquisition date fair value of the borrowings in 2015 compared to 2014",
        "solution": "0.91"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABMD/2011/page_33.pdf\n\nID: ABMD/2011/page_33.pdf-3\n\nPrevious Text:\nperformance graph the following graph compares the yearly change in the cumulative total stockholder return for our last five full fiscal years , based upon the market price of our common stock , with the cumulative total return on a nasdaq composite index ( u.s .\ncompanies ) and a peer group , the nasdaq medical equipment-sic code 3840-3849 index , which is comprised of medical equipment companies , for that period .\nthe performance graph assumes the investment of $ 100 on march 31 , 2006 in our common stock , the nasdaq composite index ( u.s .\ncompanies ) and the peer group index , and the reinvestment of any and all dividends. .\n\nTable Data:\n[['', '3/31/2006', '3/31/2007', '3/31/2008', '3/31/2009', '3/31/2010', '3/31/2011'], ['abiomed inc', '100', '105.89', '101.86', '37.98', '80.00', '112.64'], ['nasdaq composite index', '100', '103.50', '97.41', '65.33', '102.49', '118.86'], ['nasdaq medical equipment sic code 3840-3849', '100', '88.78', '84.26', '46.12', '83.47', '91.35']]\n\nFollowing Text:\nthis graph is not 201csoliciting material 201d under regulation 14a or 14c of the rules promulgated under the securities exchange act of 1934 , is not deemed filed with the securities and exchange commission and is not to be incorporated by reference in any of our filings under the securities act of 1933 , as amended , or the exchange act whether made before or after the date hereof and irrespective of any general incorporation language in any such filing .\ntransfer agent american stock transfer & trust company , 59 maiden lane , new york , ny 10038 , is our stock transfer agent. .\n\nQuestion: what is the roi of an investment in nasdaq composite index from march 2006 to march 2009?",
        "solution": "-34.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2017/page_145.pdf\n\nID: RE/2017/page_145.pdf-4\n\nPrevious Text:\non november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro to provide the company with catastrophe reinsurance coverage .\nthis agreement is a multi-year reinsurance contract which covers specified earthquake events .\nthe agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada .\non december 1 , 2015 the company entered into two collateralized reinsurance agreements with kilimanjaro re to provide the company with catastrophe reinsurance coverage .\nthese agreements are multi-year reinsurance contracts which cover named storm and earthquake events .\nthe first agreement provides up to $ 300000 thousand of reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\nthe second agreement provides up to $ 325000 thousand of reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\non april 13 , 2017 the company entered into six collateralized reinsurance agreements with kilimanjaro to provide the company with annual aggregate catastrophe reinsurance coverage .\nthe initial three agreements are four year reinsurance contracts which cover named storm and earthquake events .\nthese agreements provide up to $ 225000 thousand , $ 400000 thousand and $ 325000 thousand , respectively , of annual aggregate reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\nthe subsequent three agreements are five year reinsurance contracts which cover named storm and earthquake events .\nthese agreements provide up to $ 50000 thousand , $ 75000 thousand and $ 175000 thousand , respectively , of annual aggregate reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada .\nrecoveries under these collateralized reinsurance agreements with kilimanjaro are primarily dependent on estimated industry level insured losses from covered events , as well as , the geographic location of the events .\nthe estimated industry level of insured losses is obtained from published estimates by an independent recognized authority on insured property losses .\nas of december 31 , 2017 , none of the published insured loss estimates for the 2017 catastrophe events have exceeded the single event retentions under the terms of the agreements that would result in a recovery .\nin addition , the aggregation of the to-date published insured loss estimates for the 2017 covered events have not exceeded the aggregated retentions for recovery .\nhowever , if the published estimates for insured losses for the covered 2017 events increase , the aggregate losses may exceed the aggregate event retentions under the agreements , resulting in a recovery .\nkilimanjaro has financed the various property catastrophe reinsurance coverages by issuing catastrophe bonds to unrelated , external investors .\non april 24 , 2014 , kilimanjaro issued $ 450000 thousand of notes ( 201cseries 2014-1 notes 201d ) .\non november 18 , 2014 , kilimanjaro issued $ 500000 thousand of notes ( 201cseries 2014-2 notes 201d ) .\non december 1 , 2015 , kilimanjaro issued $ 625000 thousand of notes ( 201cseries 2015-1 notes ) .\non april 13 , 2017 , kilimanjaro issued $ 950000 thousand of notes ( 201cseries 2017-1 notes ) and $ 300000 thousand of notes ( 201cseries 2017-2 notes ) .\nthe proceeds from the issuance of the notes listed above 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 .\n9 .\noperating lease agreements the future minimum rental commitments , exclusive of cost escalation clauses , at december 31 , 2017 , for all of the company 2019s operating leases with remaining non-cancelable terms in excess of one year are as follows : ( dollars in thousands ) .\n\nTable Data:\n[['2018', '$ 16990'], ['2019', '17964'], ['2020', '17115'], ['2021', '8035'], ['2022', '7669'], ['thereafter', '24668'], ['net commitments', '$ 92440'], ['( some amounts may not reconcile due to rounding. )', '']]\n\nFollowing Text:\n.\n\nQuestion: what was the total value of notes issued by kilimanjaro in 2014 in thousands",
        "solution": "950000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2014/page_32.pdf\n\nID: UNP/2014/page_32.pdf-2\n\nPrevious Text:\ninterest expense 2013 interest expense increased in 2014 versus 2013 due to an increased weighted- average debt level of $ 10.8 billion in 2014 from $ 9.6 billion in 2013 , which more than offset the impact of the lower effective interest rate of 5.3% ( 5.3 % ) in 2014 versus 5.7% ( 5.7 % ) in 2013 .\ninterest 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 .\nthe 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 .\nincome taxes 2013 higher pre-tax income increased income taxes in 2014 compared to 2013 .\nour effective tax rate for 2014 was 37.9% ( 37.9 % ) compared to 37.7% ( 37.7 % ) in 2013 .\nhigher pre-tax income increased income taxes in 2013 compared to 2012 .\nour effective tax rate for 2013 was 37.7% ( 37.7 % ) compared to 37.6% ( 37.6 % ) in 2012 .\nother operating/performance and financial statistics we report a number of key performance measures weekly to the association of american railroads ( aar ) .\nwe provide this data on our website at www.up.com/investor/aar-stb_reports/index.htm .\noperating/performance statistics railroad performance measures are included in the table below : 2014 2013 2012 % (  % ) change 2014 v 2013 % (  % ) change 2013 v 2012 .\n\nTable Data:\n[['', '2014', '2013', '2012', '% (  % ) change 2014 v 2013', '% (  % ) change2013 v 2012'], ['average train speed ( miles per hour )', '24.0', '26.0', '26.5', '( 8 ) % (  % )', '( 2 ) % (  % )'], ['average terminal dwell time ( hours )', '30.3', '27.1', '26.2', '12 % (  % )', '3 % (  % )'], ['gross ton-miles ( billions )', '1014.9', '949.1', '959.3', '7 % (  % )', '( 1 ) % (  % )'], ['revenue ton-miles ( billions )', '549.6', '514.3', '521.1', '7 % (  % )', '( 1 ) % (  % )'], ['operating ratio', '63.5', '66.1', '67.8', '( 2.6 ) pts', '( 1.7 ) pts'], ['employees ( average )', '47201', '46445', '45928', '2 % (  % )', '1 % (  % )']]\n\nFollowing Text:\naverage train speed 2013 average train speed is calculated by dividing train miles by hours operated on our main lines between terminals .\naverage train speed , as reported to the association of american railroads , decreased 8% ( 8 % ) in 2014 versus 2013 .\nthe decline was driven by a 7% ( 7 % ) volume increase , a major infrastructure project in fort worth , texas and inclement weather , including flooding in the midwest in the second quarter and severe weather conditions in the first quarter that impacted all major u.s .\nand canadian railroads .\naverage train speed decreased 2% ( 2 % ) in 2013 versus 2012 .\nthe decline was driven by severe weather conditions and shifts of traffic to sections of our network with higher utilization .\naverage terminal dwell time 2013 average terminal dwell time is the average time that a rail car spends at our terminals .\nlower average terminal dwell time improves asset utilization and service .\naverage terminal dwell time increased 12% ( 12 % ) in 2014 compared to 2013 , caused by higher volumes and inclement weather .\naverage terminal dwell time increased 3% ( 3 % ) in 2013 compared to 2012 , primarily due to growth of manifest traffic which requires more time in terminals for switching cars and building trains .\ngross and revenue ton-miles 2013 gross ton-miles are calculated by multiplying the weight of loaded and empty freight cars by the number of miles hauled .\nrevenue ton-miles are calculated by multiplying the weight of freight by the number of tariff miles .\ngross ton-miles , revenue ton-miles and carloadings all increased 7% ( 7 % ) in 2014 compared to 2013 .\ngross ton-miles and revenue ton-miles declined 1% ( 1 % ) in 2013 compared to 2012 and carloads remained relatively flat driven by declines in coal and agricultural products offset by growth in chemical , autos and industrial products .\nchanges in commodity mix drove the year-over-year variances between gross ton- miles , revenue ton-miles and carloads. .\n\nQuestion: if average train speed ( miles per hour ) increased at the same rate as carloadings , what would the speed have been for 2014?",
        "solution": "27.8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2007/page_80.pdf\n\nID: ZBH/2007/page_80.pdf-1\n\nPrevious Text:\nin september 2007 , we reached a settlement with the united states department of justice in an ongoing investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons .\nunder the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount .\nno tax benefit has been recorded related to the settlement expense due to the uncertainty as to the tax treatment .\nwe intend to pursue resolution of this uncertainty with taxing authorities , but are unable to ascertain the outcome or timing for such resolution at this time .\nfor more information regarding the settlement , see note 15 .\nin june 2006 , the financial accounting standards board ( fasb ) issued interpretation no .\n48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no .\n109 , accounting for income taxes ( fin 48 ) .\nfin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements .\nunder fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position .\nthe tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement .\nfin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures .\nwe adopted fin 48 on january 1 , 2007 .\nprior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million .\nas a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation .\nthe adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 .\nthe adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 .\ntherefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 , of which $ 28.6 million would impact our effective tax rate , if recognized .\nthe amount of unrecognized tax benefits is $ 135.2 million as of december 31 , 2007 .\nof this amount , $ 41.0 million would impact our effective tax rate , if recognized .\na reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows ( in millions ) : .\n\nTable Data:\n[['balance at january 1 2007', '$ 95.7'], ['increases related to prior periods', '27.4'], ['decreases related to prior periods', '-5.5 ( 5.5 )'], ['increases related to current period', '21.9'], ['decreases related to settlements with taxing authorities', '-1.3 ( 1.3 )'], ['decreases related to lapse of statue of limitations', '-3.0 ( 3.0 )'], ['balance at december 31 2007', '$ 135.2']]\n\nFollowing Text:\nwe recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods .\nas of january 1 , 2007 , we recorded a liability of $ 9.6 million for accrued interest and penalties , of which $ 7.5 million would impact our effective tax rate , if recognized .\nthe amount of this liability is $ 19.6 million as of december 31 , 2007 .\nof this amount , $ 14.7 million would impact our effective tax rate , if recognized .\nwe expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position .\nthe u.s .\nfederal statute of limitations remains open for the year 2003 and onward with years 2003 and 2004 currently under examination by the irs .\nit is reasonably possible that a resolution with the irs for the years 2003 through 2004 will be reached within the next twelve months , but we do not anticipate this would result in any material impact on our financial position .\nin addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute .\nthe resolution of this issue would not impact our effective tax rate , as it would be recorded as an adjustment to goodwill .\nstate income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return .\nthe state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states .\nwe have various state income tax returns in the process of examination , administrative appeals or litigation .\nit is reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position .\nforeign jurisdictions have statutes of limitations generally ranging from 3 to 5 years .\nyears still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 1999 onward ) , france ( 2005 onward ) , germany ( 2005 onward ) , italy ( 2003 onward ) , japan ( 2001 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2004 onward ) , and the united kingdom ( 2005 onward ) .\nz i m m e r h o l d i n g s , i n c .\n2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .\n\nQuestion: what was the percentage change in unrecognized tax benefits for 2007?",
        "solution": "41%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2012/page_47.pdf\n\nID: HII/2012/page_47.pdf-2\n\nPrevious Text:\nitem 6 .\nselected financial data the following table represents our selected financial data .\nthe table should be read in conjunction with item 7 and item 8 of this report .\nthe table below reflects immaterial error corrections discussed in note 2 : summary of significant accounting policies in item 8. .\n\nTable Data:\n[['( $ in millions except per share amounts )', 'year ended december 31 2012', 'year ended december 31 2011', 'year ended december 31 2010', 'year ended december 31 2009', 'year ended december 31 2008'], ['sales and service revenues', '$ 6708', '$ 6575', '$ 6723', '$ 6292', '$ 6189'], ['goodwill impairment', '2014', '290', '2014', '2014', '2465'], ['operating income ( loss )', '358', '100', '241', '203', '-2332 ( 2332 )'], ['net earnings ( loss )', '146', '-100 ( 100 )', '131', '119', '-2397 ( 2397 )'], ['total assets', '6392', '6069', '5270', '5097', '4821'], ['long-term debt ( 1 )', '1779', '1830', '105', '283', '283'], ['total long-term obligations', '4341', '3838', '1637', '1708', '1823'], ['free cash flow ( 2 )', '170', '331', '168', '-269 ( 269 )', '121'], ['dividends declared per share', '$ 0.10', '$ 2014', '$ 2014', '$ 2014', '$ 2014'], ['basic earnings ( loss ) per share ( 3 )', '$ 2.96', '$ -2.05 ( 2.05 )', '$ 2.68', '$ 2.44', '$ -49.14 ( 49.14 )'], ['diluted earnings ( loss ) per share ( 3 )', '$ 2.91', '$ -2.05 ( 2.05 )', '$ 2.68', '$ 2.44', '$ -49.14 ( 49.14 )']]\n\nFollowing Text:\nbasic earnings ( loss ) per share ( 3 ) $ 2.96 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) diluted earnings ( loss ) per share ( 3 ) $ 2.91 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) ( 1 ) long-term debt does not include amounts payable to our former parent as of and before december 31 , 2010 , as these amounts were due upon demand and included in current liabilities .\n( 2 ) free cash flow is a non-gaap financial measure and represents cash from operating activities less capital expenditures .\nsee liquidity and capital resources in item 7 for more information on this measure .\n( 3 ) on march 30 , 2011 , the record date of the stock distribution associated with the spin-off from northrop grumman , approximately 48.8 million shares of $ 0.01 par value hii common stock were distributed to northrop grumman stockholders .\nthis share amount was utilized for the calculation of basic and diluted earnings ( loss ) per share for the three months ended march 31 , 2011 , and all prior periods , as no common stock of the company existed prior to march 30 , 2011 , and the impact of dilutive securities in the three month period ended march 31 , 2011 , was not meaningful. .\n\nQuestion: during 2010 , what was the return on assets?",
        "solution": "2.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ECL/2016/page_64.pdf\n\nID: ECL/2016/page_64.pdf-3\n\nPrevious Text:\ncash and cash equivalents cash equivalents include highly-liquid investments with a maturity of three months or less when purchased .\naccounts receivable and allowance for doubtful accounts accounts receivable are carried at the invoiced amounts , less an allowance for doubtful accounts , and generally do not bear interest .\nthe company estimates the balance of allowance for doubtful accounts by analyzing accounts receivable balances by age and applying historical write-off and collection trend rates .\nthe company 2019s estimates include separately providing for customer receivables based on specific circumstances and credit conditions , and when it is deemed probable that the balance is uncollectible .\naccount balances are charged off against the allowance when it is determined the receivable will not be recovered .\nthe company 2019s allowance for doubtful accounts balance also includes an allowance for the expected return of products shipped and credits related to pricing or quantities shipped of $ 14 million , $ 15 million and $ 14 million as of december 31 , 2016 , 2015 , and 2014 , respectively .\nreturns and credit activity is recorded directly to sales as a reduction .\nthe following table summarizes the activity in the allowance for doubtful accounts: .\n\nTable Data:\n[['( millions )', '2016', '2015', '2014'], ['beginning balance', '$ 75', '$ 77', '$ 81'], ['bad debt expense', '20', '26', '23'], ['write-offs', '-25 ( 25 )', '-22 ( 22 )', '-20 ( 20 )'], ['other ( a )', '-2 ( 2 )', '-6 ( 6 )', '-7 ( 7 )'], ['ending balance', '$ 68', '$ 75', '$ 77']]\n\nFollowing Text:\n( a ) other amounts are primarily the effects of changes in currency translations and the impact of allowance for returns and credits .\ninventory valuations inventories are valued at the lower of cost or market .\ncertain u.s .\ninventory costs are determined on a last-in , first-out ( 201clifo 201d ) basis .\nlifo inventories represented 40% ( 40 % ) and 39% ( 39 % ) of consolidated inventories as of december 31 , 2016 and 2015 , respectively .\nlifo inventories include certain legacy nalco u.s .\ninventory acquired at fair value as part of the nalco merger .\nall other inventory costs are determined using either the average cost or first-in , first-out ( 201cfifo 201d ) methods .\ninventory values at fifo , as shown in note 5 , approximate replacement cost .\nduring 2015 , the company improved and standardized estimates related to its inventory reserves and product costing , resulting in a net pre-tax charge of approximately $ 6 million .\nseparately , the actions resulted in a charge of $ 20.6 million related to inventory reserve calculations , partially offset by a gain of $ 14.5 million related to the capitalization of certain cost components into inventory .\nduring 2016 , the company took additional actions to improve and standardize estimates related to the capitalization of certain cost components into inventory , which resulted in a gain of $ 6.2 million .\nthese items are reflected within special ( gains ) and charges , as discussed in note 3 .\nproperty , plant and equipment property , plant and equipment assets are stated at cost .\nmerchandising and customer equipment consists principally of various dispensing systems for the company 2019s cleaning and sanitizing products , dishwashing machines and process control and monitoring equipment .\ncertain dispensing systems capitalized by the company are accounted for on a mass asset basis , whereby equipment is capitalized and depreciated as a group and written off when fully depreciated .\nthe company capitalizes both internal and external costs of development or purchase of computer software for internal use .\ncosts incurred for data conversion , training and maintenance associated with capitalized software are expensed as incurred .\nexpenditures for major renewals and improvements , which significantly extend the useful lives of existing plant and equipment , are capitalized and depreciated .\nexpenditures for repairs and maintenance are charged to expense as incurred .\nupon retirement or disposition of plant and equipment , the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in income .\ndepreciation is charged to operations using the straight-line method over the assets 2019 estimated useful lives ranging from 5 to 40 years for buildings and leasehold improvements , 3 to 20 years for machinery and equipment , 3 to 15 years for merchandising and customer equipment and 3 to 7 years for capitalized software .\nthe straight-line method of depreciation reflects an appropriate allocation of the cost of the assets to earnings in proportion to the amount of economic benefits obtained by the company in each reporting period .\ndepreciation expense was $ 561 million , $ 560 million and $ 558 million for 2016 , 2015 and 2014 , respectively. .\n\nQuestion: in millions , what was the average ending balance in allowance for doubtful accounts?",
        "solution": "73.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2009/page_112.pdf\n\nID: MA/2009/page_112.pdf-2\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2019 for the pension plans , including those payments expected to be paid from the company 2019s general assets .\nsince the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefit payments. .\n\nTable Data:\n[['2010', '$ 18181'], ['2011', '27090'], ['2012', '21548'], ['2013', '25513'], ['2014', '24002'], ['2015-2019', '128494']]\n\nFollowing Text:\nsubstantially all of the company 2019s u.s .\nemployees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company .\nthe savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines .\nthe company matches a percentage of employees 2019 contributions up to certain limits .\nin 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year .\nbeginning in 2008 , the discretionary profit sharing amount related to prior year company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan .\nin addition , the company has several defined contribution plans outside of the united states .\nthe company 2019s contribution expense related to all of its defined contribution plans was $ 40627 , $ 35341 and $ 26996 for 2009 , 2008 and 2007 , respectively .\nnote 13 .\npostemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s .\nemployees hired before july 1 , 2007 .\nthe company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 .\nthe impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007 .\nin 2009 , the company recorded a $ 3944 benefit expense as a result of enhanced postretirement medical benefits under the postretirement plan provided to employees that chose to participate in a voluntary transition program. .\n\nQuestion: what is the average contribution expense related to all of its defined contribution plans for the years 2007-2009?",
        "solution": "34321.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2005/page_43.pdf\n\nID: UPS/2005/page_43.pdf-1\n\nPrevious Text:\ndividends is subject to the discretion of the board of directors and will depend on various factors , including our net income , financial condition , cash requirements , future prospects , and other relevant factors .\nwe expect to continue the practice of paying regular cash dividends .\nduring 2005 , we repaid $ 589 million in debt , primarily consisting of paydowns of commercial paper , scheduled principal payments on capital lease obligations , and repayments of debt that was previously assumed with the acquisitions of lynx express ltd .\nand overnite corp .\nissuances of debt were $ 128 million in 2005 , and consisted primarily of loans related to our investment in certain equity-method real estate partnerships .\nwe consider the overall fixed and floating interest rate mix of our portfolio and the related overall cost of borrowing when planning for future issuances and non-scheduled repayments of debt .\nsources of credit we maintain two commercial paper programs under which we are authorized to borrow up to $ 7.0 billion in the united states .\nwe had $ 739 million outstanding under these programs as of december 31 , 2005 , with an average interest rate of 4.01% ( 4.01 % ) .\nthe entire balance outstanding has been classified as a current liability in our balance sheet .\nwe also maintain a european commercial paper program under which we are authorized to borrow up to 20ac1.0 billion in a variety of currencies .\nthere were no amounts outstanding under this program as of december 31 , 2005 .\nwe maintain two credit agreements with a consortium of banks .\nthese agreements provide revolving credit facilities of $ 1.0 billion each , with one expiring on april 20 , 2006 and the other on april 21 , 2010 .\ninterest on any amounts we borrow under these facilities would be charged at 90-day libor plus 15 basis points .\nthere were no borrowings under either of these agreements as of december 31 , 2005 .\nin august 2003 , we filed a $ 2.0 billion shelf registration statement under which we may issue debt securities in the united states .\nthere was approximately $ 126 million issued under this shelf registration statement at december 31 , 2005 , all of which consists of issuances under our ups notes program .\nour existing debt instruments and credit facilities do not have cross-default or ratings triggers , however these debt instruments and credit facilities do subject us to certain financial covenants .\nthese covenants generally require us to maintain a $ 3.0 billion minimum net worth and limit the amount of secured indebtedness available to the company .\nthese covenants are not considered material to the overall financial condition of the company , and all covenant tests were satisfied as of december 31 , 2005 .\ncommitments we have contractual obligations and commitments in the form of operating leases , capital leases , debt obligations , purchase commitments , and certain other liabilities .\nwe intend to satisfy these obligations through the use of cash flow from operations .\nthe following table summarizes our contractual obligations and commitments as of december 31 , 2005 ( in millions ) : capitalized leases operating leases principal purchase commitments liabilities .\n\nTable Data:\n[['year', 'capitalized leases', 'operating leases', 'debt principal', 'purchase commitments', 'other liabilities'], ['2006', '$ 64', '$ 403', '$ 774', '$ 1280', '$ 48'], ['2007', '107', '348', '70', '826', '68'], ['2008', '115', '248', '37', '738', '69'], ['2009', '66', '176', '104', '652', '65'], ['2010', '61', '126', '30', '478', '62'], ['after 2010', '1', '544', '2637', '689', '285'], ['total', '$ 414', '$ 1845', '$ 3652', '$ 4663', '$ 597']]\n\nFollowing Text:\n.\n\nQuestion: what is the total of contractual obligations and commitments as of december 31 , 2005 , in millions?",
        "solution": "11171"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAS/2010/page_86.pdf\n\nID: MAS/2010/page_86.pdf-1\n\nPrevious Text:\nm .\nemployee retirement plans 2013 ( continued ) of equities and fixed-income investments , and would be less liquid than financial instruments that trade on public markets .\npotential events or circumstances that could have a negative effect on estimated fair value include the risks of inadequate diversification and other operating risks .\nto mitigate these risks , investments are diversified across and within asset classes in support of investment objectives .\npolicies and practices to address operating risks include ongoing manager oversight , plan and asset class investment guidelines and problems that are communicated to managers , and periodic compliance and audit reviews to ensure adherence to these policies .\nin addition , the company periodically seeks the input of its independent advisor to ensure the investment policy is appropriate .\nthe company sponsors certain post-retirement benefit plans that provide medical , dental and life insurance coverage for eligible retirees and dependents in the united states based upon age and length of service .\nthe aggregate present value of the unfunded accumulated post-retirement benefit obligation was $ 13 million at both december 31 , 2010 and 2009 .\ncash flows at december 31 , 2010 , the company expected to contribute approximately $ 30 million to $ 35 million to its qualified defined-benefit pension plans to meet erisa requirements in 2011 .\nthe company also expected to pay benefits of $ 3 million and $ 10 million to participants of its unfunded foreign and non-qualified ( domestic ) defined-benefit pension plans , respectively , in 2011 .\nat december 31 , 2010 , the benefits expected to be paid in each of the next five years , and in aggregate for the five years thereafter , relating to the company 2019s defined-benefit pension plans , were as follows , in millions : qualified non-qualified .\n\nTable Data:\n[['', 'qualified plans', 'non-qualified plans'], ['2011', '$ 38', '$ 10'], ['2012', '$ 40', '$ 11'], ['2013', '$ 41', '$ 11'], ['2014', '$ 41', '$ 12'], ['2015', '$ 43', '$ 12'], ['2016-2020', '$ 235', '$ 59']]\n\nFollowing Text:\nn .\nshareholders 2019 equity in july 2007 , the company 2019s board of directors authorized the repurchase for retirement of up to 50 million shares of the company 2019s common stock in open-market transactions or otherwise .\nat december 31 , 2010 , the company had remaining authorization to repurchase up to 27 million shares .\nduring 2010 , the company repurchased and retired three million shares of company common stock , for cash aggregating $ 45 million to offset the dilutive impact of the 2010 grant of three million shares of long-term stock awards .\nthe company repurchased and retired two million common shares in 2009 and nine million common shares in 2008 for cash aggregating $ 11 million and $ 160 million in 2009 and 2008 , respectively .\non the basis of amounts paid ( declared ) , cash dividends per common share were $ .30 ( $ .30 ) in 2010 , $ .46 ( $ .30 ) in 2009 and $ .925 ( $ .93 ) in 2008 , respectively .\nin 2009 , the company decreased its quarterly cash dividend to $ .075 per common share from $ .235 per common share .\nmasco corporation notes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: at december 31 , 2010 what was the percent of the shares remaining authorization to repurchase of the amount authorization by the board in 2007",
        "solution": "54%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GRMN/2007/page_76.pdf\n\nID: GRMN/2007/page_76.pdf-2\n\nPrevious Text:\napproved by the board of directors on april 21 , 2004 and expired on april 30 , 2006 .\nsources and uses in financing activities during 2005 related primarily to uses for the payment of a dividend ( $ 54.0 million ) and stock repurchase ( $ 26.7 million ) , and a source of cash from the issuance of common shares related to the exercise of employee stock options , the related tax benefit , and the employee stock purchase plan ( $ 9.7 million ) .\ncash dividends paid to shareholders were $ 162.5 million , $ 107.9 million , and $ 54.0 million during fiscal years 2007 , 2006 , and 2005 , respectively .\nwe believe that our existing cash balances and cash flow from operations will be sufficient to meet our projected capital expenditures , working capital and other cash requirements at least through the end of fiscal 2010 .\ncontractual obligations and commercial commitments future commitments of garmin , as of december 29 , 2007 , aggregated by type of contractual obligation .\n\nTable Data:\n[['contractual obligations', 'payments due by period total', 'payments due by period less than 1 year', 'payments due by period 1-3 years', 'payments due by period 3-5 years', 'payments due by period more than 5 years'], ['operating leases', '$ 43438', '$ 6581', '$ 11582', '$ 9263', '$ 16012'], ['purchase obligations', '5078', '422', '2251', '2405', '0'], ['total', '$ 48516', '$ 7003', '$ 13833', '$ 11668', '$ 16012']]\n\nFollowing Text:\noperating leases describes lease obligations associated with garmin facilities located in the u.s. , taiwan , the u.k. , and canada .\npurchase obligations are the aggregate of those purchase orders that were outstanding on december 29 , 2007 ; these obligations are created and then paid off within 3 months during the normal course of our manufacturing business .\noff-balance sheet arrangements we do not have any off-balance sheet arrangements .\nitem 7a .\nquantitative and qualitative disclosures about market risk market sensitivity we have market risk primarily in connection with the pricing of our products and services and the purchase of raw materials .\nproduct pricing and raw materials costs are both significantly influenced by semiconductor market conditions .\nhistorically , during cyclical industry downturns , we have been able to offset pricing declines for our products through a combination of improved product mix and success in obtaining price reductions in raw materials costs .\ninflation we do not believe that inflation has had a material effect on our business , financial condition or results of operations .\nif our costs were to become subject to significant inflationary pressures , we may not be able to fully offset such higher costs through price increases .\nour inability or failure to do so could adversely affect our business , financial condition and results of operations .\nforeign currency exchange rate risk the operation of garmin 2019s subsidiaries in international markets results in exposure to movements in currency exchange rates .\nwe generally have not been significantly affected by foreign exchange fluctuations .\n\nQuestion: what percentage of total contractual obligations and commercial commitments future commitments of garmin , as of december 29 , 2007 are due to purchase obligations?",
        "solution": "10%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2008/page_141.pdf\n\nID: DISCA/2008/page_141.pdf-3\n\nPrevious Text:\n2 0 0 8 a n n u a l r e p o r t stock performance graph the following graph sets forth the performance of our series a common , series b common stock , and series c common stock for the period september 18 , 2008 through december 31 , 2008 as compared with the performance of the standard and poor 2019s 500 index and a peer group index which consists of the walt disney company , time warner inc. , cbs corporation class b common stock , viacom , inc .\nclass b common stock , news corporation class a common stock , and scripps network interactive , inc .\nthe graph assumes $ 100 originally invested on september 18 , 2006 and that all subsequent dividends were reinvested in additional shares .\nseptember 18 , september 30 , december 31 , 2008 2008 2008 .\n\nTable Data:\n[['', 'september 18 2008', 'september 30 2008', 'december 31 2008'], ['disca', '$ 100.00', '$ 103.19', '$ 102.53'], ['discb', '$ 100.00', '$ 105.54', '$ 78.53'], ['disck', '$ 100.00', '$ 88.50', '$ 83.69'], ['s&p 500', '$ 100.00', '$ 96.54', '$ 74.86'], ['peer group', '$ 100.00', '$ 92.67', '$ 68.79']]\n\nFollowing Text:\ns&p 500 peer group .\n\nQuestion: what was the percentage cumulative total shareholder return on discb common stock from september 18 , 2008 to december 31 , 2008?",
        "solution": "-21.47"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AWK/2018/page_162.pdf\n\nID: AWK/2018/page_162.pdf-2\n\nPrevious Text:\nasset category target allocation total quoted prices in active markets for identical assets ( level 1 ) significant observable inputs ( level 2 ) significant unobservable inputs .\n\nTable Data:\n[['', 'level 3'], ['balance as of january 1 2018', '$ 278'], ['actual return on assets', '-23 ( 23 )'], ['purchases issuances and settlements net', '-25 ( 25 )'], ['balance as of december 31 2018', '$ 230']]\n\nFollowing Text:\nbalance as of january 1 , 2017 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 140 actual return on assets .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2 purchases , issuances and settlements , net .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n136 balance as of december 31 , 2017 .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n$ 278 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts .\nthe investments and risk mitigation strategies for the plans are tailored specifically for each trust .\nin setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company .\nthe company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation .\nconsiderations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns .\nin 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan .\nas part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed- income assets relative to liabilities .\nthe fixed income portion of the portfolio was designed to match the bond- .\n\nQuestion: was actual return on assets greater than purchases issuances and settlements?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2016/page_49.pdf\n\nID: FIS/2016/page_49.pdf-3\n\nPrevious Text:\nchanges in the benchmark index component of the 10-year treasury yield .\nthe company def signated these derivatives as cash flow hedges .\non october 13 , 2015 , in conjunction with the pricing of the $ 4.5 billion senior notes , the companyr terminated these treasury lock contracts for a cash settlement payment of $ 16 million , which was recorded as a component of other comprehensive earnings and will be reclassified as an adjustment to interest expense over the ten years during which the related interest payments that were hedged will be recognized in income .\nforeign currency risk we are exposed to foreign currency risks that arise from normal business operations .\nthese risks include the translation of local currency balances of foreign subsidiaries , transaction gains and losses associated with intercompany loans with foreign subsidiaries and transactions denominated in currencies other than a location's functional currency .\nwe manage the exposure to these risks through a combination of normal operating activities and the use of foreign currency forward contracts .\ncontracts are denominated in currtt encies of major industrial countries .\nour exposure to foreign currency exchange risks generally arises from our non-u.s .\noperations , to the extent they are conducted ind local currency .\nchanges in foreign currency exchange rates affect translations of revenues denominated in currencies other than the u.s .\ndollar .\nduring the years ended december 31 , 2016 , 2015 and 2014 , we generated approximately $ 1909 million , $ 1336 million and $ 1229 million , respectively , in revenues denominated in currencies other than the u.s .\ndollar .\nthe major currencies to which our revenues are exposed are the brazilian real , the euro , the british pound sterling and the indian rupee .\na 10% ( 10 % ) move in average exchange rates for these currencies ( assuming a simultaneous and immediate 10% ( 10 % ) change in all of such rates for the relevant period ) would have resulted in the following increase or ( decrease ) in our reported revenues for the years ended december 31 , 2016 , 2015 and 2014 ( in millions ) : .\n\nTable Data:\n[['currency', '2016', '2015', '2014'], ['pound sterling', '$ 47', '$ 34', '$ 31'], ['euro', '38', '33', '30'], ['real', '32', '29', '38'], ['indian rupee', '12', '10', '8'], ['total impact', '$ 129', '$ 106', '$ 107']]\n\nFollowing Text:\nwhile our results of operations have been impacted by the effects of currency fluctuations , our international operations' revenues and expenses are generally denominated in local currency , which reduces our economic exposure to foreign exchange risk in those jurisdictions .\nrevenues included $ 100 million and $ 243 million and net earnings included $ 10 million , anrr d $ 31 million , respectively , of unfavorable foreign currency impact during 2016 and 2015 resulting from a stronger u.s .\ndollar during these years compared to thet preceding year .\nin 2017 , we expect continued unfavorable foreign currency impact on our operating income resulting from the continued strengthening of the u.s .\ndollar vs .\nother currencies .\nour foreign exchange risk management policy permits the use of derivative instruments , such as forward contracts and options , to reduce volatility in our results of operations and/or cash flows resulting from foreign exchange rate fluctuations .\nwe do not enter into foreign currency derivative instruments for trading purposes or to engage in speculative activitr y .\nwe do periodically enter inttt o foreign currency forward exchange contracts to hedge foreign currency exposure to intercompany loans .\nas of december 31 , 2016 , the notional amount of these derivatives was approximately $ 143 million and the fair value was nominal .\nthese derivatives are intended to hedge the foreign exchange risks related to intercompany loans but have not been designated as hedges for accounting purposes .\nwe also use currency forward contracts to manage our exposure to fluctuations in costs caused by variations in indian rupee ( \"inr\" ) exchange rates .\nas of december 31 , 2016 , the notional amount of these derivatives was approximately $ 7 million and the fair value was ll less than $ 1 million .\nthese inr forward contracts are designated as cash flow hedges .\nthe fair value of these currency forward contracts is determined using currency exchange market rates , obtained from reliable , independent , third m party banks , at the balance sheet date .\nthe fair value of forward contracts is subject to changes in currency exchange rates .\nthe company has no ineffectiveness related to its use of currency forward contracts in connection with inr cash flow hedges .\nin conjunction with entering into the definitive agreement to acquire clear2pay in september 2014 , we initiated a foreign currency forward contract to purchase euros and sell u.s .\ndollars to manage the risk arising from fluctuations in exchange rates until the closing because the purchase price was stated in euros .\nas this derivative did not qualify for hedge accounting , we recorded a charge of $ 16 million in other income ( expense ) , net during the third quarter of 2014 .\nthis forward contract was settled on october 1 , 2014. .\n\nQuestion: what was the difference in total impact between 2015 and 2016 , in millions?",
        "solution": "23"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2002/page_104.pdf\n\nID: AMT/2002/page_104.pdf-4\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 19 .\nsubsequent events 12.25% ( 12.25 % ) senior subordinated discount notes and warrants offering 2014in january 2003 , the company issued 808000 units , each consisting of ( 1 ) $ 1000 principal amount at maturity of the 12.25% ( 12.25 % ) senior subordinated discount notes due 2008 of a wholly owned subsidiary of the company ( ati notes ) and ( 2 ) a warrant to purchase 14.0953 shares of class a common stock of the company , for gross proceeds of $ 420.0 million .\nthe gross offering proceeds were allocated between the ati notes ( $ 367.4 million ) and the fair value of the warrants ( $ 52.6 million ) .\nnet proceeds from the offering aggregated approximately $ 397.0 million and were or will be used for the purposes described below under amended and restated loan agreement .\nthe ati notes accrue no cash interest .\ninstead , the accreted value of each ati note will increase between the date of original issuance and maturity ( august 1 , 2008 ) at a rate of 12.25% ( 12.25 % ) per annum .\nthe 808000 warrants that were issued together with the ati notes each represent the right to purchase 14.0953 shares of class a common stock at $ 0.01 per share .\nthe warrants are exercisable at any time on or after january 29 , 2006 and will expire on august 1 , 2008 .\nas of the issuance date , the warrants represented approximately 5.5% ( 5.5 % ) of the company 2019s outstanding common stock ( assuming exercise of all warrants ) .\nthe indenture governing the ati notes contains covenants that , among other things , limit the ability of the issuer subsidiary and its guarantors to incur or guarantee additional indebtedness , create liens , pay dividends or make other equity distributions , enter into agreements restricting the restricted subsidiaries 2019 ability to pay dividends , purchase or redeem capital stock , make investments and sell assets or consolidate or merge with or into other companies .\nthe ati notes rank junior in right of payment to all existing and future senior indebtedness , including all indebtedness outstanding under the credit facilities , and are structurally senior in right of payment to all existing and future indebtedness of the company .\namended and restated loan agreement 2014on february 21 , 2003 , the company completed an amendment to its credit facilities .\nthe amendment provides for the following : 2022 prepayment of a portion of outstanding term loans .\nthe company agreed to prepay an aggregate of $ 200.0 million of the term loans outstanding under the credit facilities from a portion of the net proceeds of the ati notes offering completed in january 2003 .\nthis prepayment consisted of a $ 125.0 million prepayment of the term loan a and a $ 75.0 million prepayment of the term loan b , each to be applied to reduce future scheduled principal payments .\ngiving effect to the prepayment of $ 200.0 million of term loans under the credit facility and the issuance of the ati notes as discussed above as well as the paydown of debt from net proceeds of the sale of mtn ( $ 24.5 million in february 2003 ) , the company 2019s aggregate principal payments of long- term debt , including capital leases , for the next five years and thereafter are as follows ( in thousands ) : year ending december 31 .\n\nTable Data:\n[['2003', '$ 268496'], ['2004', '131262'], ['2005', '195082'], ['2006', '538479'], ['2007', '1065437'], ['thereafter', '1408783'], ['total', '$ 3607539']]\n\nFollowing Text:\n.\n\nQuestion: what is the total expected payments for principal of long- term debt , including capital leases in the next 24 months?",
        "solution": "399758"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LLY/2008/page_39.pdf\n\nID: LLY/2008/page_39.pdf-1\n\nPrevious Text:\non the underlying exposure .\nfor derivative contracts that are designated and qualify as cash fl ow hedges , the effective portion of gains and losses on these contracts is reported as a component of other comprehensive income and reclassifi ed into earnings in the same period the hedged transaction affects earnings .\nhedge ineffectiveness is immediately recognized in earnings .\nderivative contracts that are not designated as hedging instruments are recorded at fair value with the gain or loss recognized in current earnings during the period of change .\nwe may enter into foreign currency forward and option contracts to reduce the effect of fl uctuating currency exchange rates ( principally the euro , the british pound , and the japanese yen ) .\nforeign currency derivatives used for hedging are put in place using the same or like currencies and duration as the underlying exposures .\nforward contracts are principally used to manage exposures arising from subsidiary trade and loan payables and receivables denominated in foreign currencies .\nthese contracts are recorded at fair value with the gain or loss recognized in other 2014net .\nthe purchased option contracts are used to hedge anticipated foreign currency transactions , primarily intercompany inventory activities expected to occur within the next year .\nthese contracts are designated as cash fl ow hedges of those future transactions and the impact on earnings is included in cost of sales .\nwe may enter into foreign currency forward contracts and currency swaps as fair value hedges of fi rm commitments .\nforward and option contracts generally have maturities not exceeding 12 months .\nin the normal course of business , our operations are exposed to fl uctuations in interest rates .\nthese fl uctuations can vary the costs of fi nancing , investing , and operating .\nwe address a portion of these risks through a controlled program of risk management that includes the use of derivative fi nancial instruments .\nthe objective of controlling these risks is to limit the impact of fl uctuations in interest rates on earnings .\nour primary interest rate risk exposure results from changes in short-term u.s .\ndollar interest rates .\nin an effort to manage interest rate exposures , we strive to achieve an acceptable balance between fi xed and fl oating rate debt and investment positions and may enter into interest rate swaps or collars to help maintain that balance .\ninterest rate swaps or collars that convert our fi xed- rate debt or investments to a fl oating rate are designated as fair value hedges of the underlying instruments .\ninterest rate swaps or collars that convert fl oating rate debt or investments to a fi xed rate are designated as cash fl ow hedg- es .\ninterest expense on the debt is adjusted to include the payments made or received under the swap agreements .\ngoodwill and other intangibles : goodwill is not amortized .\nall other intangibles arising from acquisitions and research alliances have fi nite lives and are amortized over their estimated useful lives , ranging from 5 to 20 years , using the straight-line method .\nthe weighted-average amortization period for developed product technology is approximately 12 years .\namortization expense for 2008 , 2007 , and 2006 was $ 193.4 million , $ 172.8 million , and $ 7.6 million before tax , respectively .\nthe estimated amortization expense for each of the fi ve succeeding years approximates $ 280 million before tax , per year .\nsubstantially all of the amortization expense is included in cost of sales .\nsee note 3 for further discussion of goodwill and other intangibles acquired in 2008 and 2007 .\ngoodwill and other intangible assets at december 31 were as follows: .\n\nTable Data:\n[['', '2008', '2007'], ['goodwill', '$ 1167.5', '$ 745.7'], ['developed product technology 2014 gross', '3035.4', '1767.5'], ['less accumulated amortization', '-346.6 ( 346.6 )', '-162.6 ( 162.6 )'], ['developed product technology 2014 net', '2688.8', '1604.9'], ['other intangibles 2014 gross', '243.2', '142.8'], ['less accumulated amortization', '-45.4 ( 45.4 )', '-38.0 ( 38.0 )'], ['other intangibles 2014 net', '197.8', '104.8'], ['total intangibles 2014 net', '$ 4054.1', '$ 2455.4']]\n\nFollowing Text:\ngoodwill and net other intangibles are reviewed to assess recoverability at least annually and when certain impairment indicators are present .\nno signifi cant impairments occurred with respect to the carrying value of our goodwill or other intangible assets in 2008 , 2007 , or 2006 .\nproperty and equipment : property and equipment is stated on the basis of cost .\nprovisions for depreciation of buildings and equipment are computed generally by the straight-line method at rates based on their estimated useful lives ( 12 to 50 years for buildings and 3 to 18 years for equipment ) .\nwe review the carrying value of long-lived assets for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the .\n\nQuestion: what was the percent of growth or decline in the total intangibles 2014 net from 2007 to 2008",
        "solution": "65%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CAG/2015/page_28.pdf\n\nID: CAG/2015/page_28.pdf-2\n\nPrevious Text:\nequity method investment earnings we include our share of the earnings of certain affiliates based on our economic ownership interest in the affiliates .\nsignificant affiliates include the ardent mills joint venture and affiliates that produce and market potato products for retail and foodservice customers .\nour share of earnings from our equity method investments was $ 122.1 million ( $ 119.1 million in the commercial foods segment and $ 3.0 million in the consumer foods segment ) and $ 32.5 million ( $ 29.7 million in the commercial foods segment and $ 2.8 million in the consumer foods segment ) in fiscal 2015 and 2014 , respectively .\nthe increase in fiscal 2015 compared to fiscal 2014 reflects the earnings from the ardent mills joint venture as well as higher profits for an international potato joint venture .\nthe earnings from the ardent mills joint venture reflect results for 11 months of operations , as we recognize earnings on a one-month lag , due to differences in fiscal year periods .\nin fiscal 2014 , earnings also reflected a $ 3.4 million charge reflecting the year-end write-off of actuarial losses in excess of 10% ( 10 % ) of the pension liability for an international potato venture .\nresults of discontinued operations our discontinued operations generated after-tax income of $ 366.6 million and $ 141.4 million in fiscal 2015 and 2014 , respectively .\nthe results of discontinued operations for fiscal 2015 include a pre-tax gain of $ 625.6 million ( $ 379.6 million after-tax ) recognized on the formation of the ardent mills joint venture .\nthe results for fiscal 2014 reflect a pre-tax gain of $ 90.0 million ( $ 55.7 million after-tax ) related to the disposition of three flour milling facilities as part of the ardent mills formation .\nin fiscal 2014 , we also completed the sale of a small snack business , medallion foods , for $ 32.0 million in cash .\nwe recognized an after-tax loss of $ 3.5 million on the sale of this business in fiscal 2014 .\nin fiscal 2014 , we recognized an impairment charge related to allocated amounts of goodwill and intangible assets , totaling $ 15.2 million after-tax , in anticipation of this divestiture .\nwe also completed the sale of the assets of the lightlife ae business for $ 54.7 million in cash .\nwe recognized an after-tax gain of $ 19.8 million on the sale of this business in fiscal 2014 .\nearnings ( loss ) per share diluted loss per share in fiscal 2015 was $ 0.60 , including a loss of $ 1.46 per diluted share from continuing operations and earnings of $ 0.86 per diluted share from discontinued operations .\ndiluted earnings per share in fiscal 2014 were $ 0.70 , including $ 0.37 per diluted share from continuing operations and $ 0.33 per diluted share from discontinued operations .\nsee 201citems impacting comparability 201d above as several significant items affected the comparability of year-over-year results of operations .\nfiscal 2014 compared to fiscal 2013 net sales ( $ in millions ) reporting segment fiscal 2014 net sales fiscal 2013 net sales .\n\nTable Data:\n[['( $ in millions ) reporting segment', 'fiscal 2014 net sales', 'fiscal 2013 net sales', '% (  % ) inc ( dec )'], ['consumer foods', '7315.7', '7551.4', '( 3 ) % (  % )'], ['commercial foods', '4332.2', '4109.7', '5% ( 5 % )'], ['private brands', '4195.7', '1808.2', '132% ( 132 % )'], ['total', '$ 15843.6', '$ 13469.3', '18% ( 18 % )']]\n\nFollowing Text:\noverall , our net sales increased $ 2.37 billion to $ 15.84 billion in fiscal 2014 compared to fiscal 2013 , primarily related to the acquisition of ralcorp .\nconsumer foods net sales for fiscal 2014 were $ 7.32 billion , a decrease of $ 235.7 million , or 3% ( 3 % ) , compared to fiscal 2013 .\nresults reflected a 3% ( 3 % ) decrease in volume performance and a 1% ( 1 % ) decrease due to the impact of foreign exchange rates , partially offset by a 1% ( 1 % ) increase in price/mix .\nvolume performance from our base businesses for fiscal 2014 was impacted negatively by competitor promotional activity .\nsignificant slotting and promotion investments related to new product launches , particularly in the first quarter , also weighed heavily on net sales in fiscal 2014 .\nin addition , certain shipments planned for the fourth quarter of fiscal 2014 were shifted to the first quarter of fiscal 2015 as a result of change in timing of retailer promotions and this negatively impacted volume performance. .\n\nQuestion: what percent of net sales in fiscal 2014 where due to private brands?",
        "solution": "26%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2013/page_71.pdf\n\nID: GPN/2013/page_71.pdf-3\n\nPrevious Text:\nour initial estimate of fraud losses , fines and other charges on our understanding of the rules and operating regulations published by the networks and preliminary communications with the networks .\nwe have now reached resolution with and made payments to the networks , resulting in charges that were less than our initial estimates .\nthe primary difference between our initial estimates and the final charges relates to lower fraud related costs attributed to this event than previously expected .\nthe following table reflects the activity in our accrual for fraud losses , fines and other charges for the twelve months ended may 31 , 2013 ( in thousands ) : .\n\nTable Data:\n[['balance at may 31 2012', '$ 67436'], ['adjustments', '-31781 ( 31781 )'], ['subtotal', '35655'], ['payments', '-35655 ( 35655 )'], ['balance at may 31 2013', '$ 2014']]\n\nFollowing Text:\nwe were insured under policies that provided coverage of certain costs associated with this event .\nthe policies provided a total of $ 30.0 million in policy limits and contained various sub-limits of liability and other terms , conditions and limitations , including a $ 1.0 million deductible per claim .\nas of fiscal year 2013 , we received assessments from certain networks and submitted additional claims to the insurers and recorded $ 20.0 million in additional insurance recoveries based on our negotiations with our insurers .\nwe will record receivables for any additional recoveries in the periods in which we determine such recovery is probable and the amount can be reasonably estimated .\na class action arising out of the processing system intrusion was filed against us on april 4 , 2012 by natalie willingham ( individually and on behalf of a putative nationwide class ) ( the 201cplaintiff 201d ) .\nspecifically , ms .\nwillingham alleged that we failed to maintain reasonable and adequate procedures to protect her personally identifiable information ( 201cpii 201d ) which she claims resulted in two fraudulent charges on her credit card in march 2012 .\nfurther , ms .\nwillingham asserted that we failed to timely notify the public of the data breach .\nbased on these allegations , ms .\nwillingham asserted claims for negligence , violation of the federal stored communications act , willful violation of the fair credit reporting act , negligent violation of the fair credit reporting act , violation of georgia 2019s unfair and deceptive trade practices act , negligence per se , breach of third-party beneficiary contract , and breach of implied contract .\nms .\nwillingham sought an unspecified amount of damages and injunctive relief .\nthe lawsuit was filed in the united states district court for the northern district of georgia .\non may 14 , 2012 , we filed a motion to dismiss .\non july 11 , 2012 , plaintiff filed a motion for leave to amend her complaint , and on july 16 , 2012 , the court granted that motion .\nshe then filed an amended complaint on july 16 , 2012 .\nthe amended complaint did not add any new causes of action .\ninstead , it added two new named plaintiffs ( nadine and robert hielscher ) ( together with plaintiff , the 201cplaintiffs 201d ) and dropped plaintiff 2019s claim for negligence per se .\non august 16 , 2012 , we filed a motion to dismiss the plaintiffs 2019 amended complaint .\nthe plaintiffs filed their response in opposition to our motion to dismiss on october 5 , 2012 , and we subsequently filed our reply brief on october 22 , 2012 .\nthe magistrate judge issued a report and recommendation recommending dismissal of all of plaintiffs 2019 claims with prejudice .\nthe plaintiffs subsequently agreed to voluntarily dismiss the lawsuit with prejudice , with each party bearing its own fees and costs .\nthis was the only consideration exchanged by the parties in connection with plaintiffs 2019 voluntary dismissal with prejudice of the lawsuit .\nthe lawsuit was dismissed with prejudice on march 6 , 2013 .\nnote 3 2014settlement processing assets and obligations we are designated as a merchant service provider by mastercard and an independent sales organization by visa .\nthese designations are dependent upon member clearing banks ( 201cmember 201d ) sponsoring us and our adherence to the standards of the networks .\nwe have primary financial institution sponsors in the various markets where we facilitate payment transactions with whom we have sponsorship or depository and clearing agreements .\nthese agreements allow us to route transactions under the member banks 2019 control and identification numbers to clear credit card transactions through mastercard and visa .\nin certain markets , we are members in various payment networks , allowing us to process and fund transactions without third-party sponsorship. .\n\nQuestion: what portion of the beginning balance of accrual for fraud losses is paid in cash?",
        "solution": "52.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LKQ/2018/page_105.pdf\n\nID: LKQ/2018/page_105.pdf-1\n\nPrevious Text:\nremaining service period of active members expected to receive benefits under the plan or , in the case of closed plans , the expected future lifetime of the employees participating in the plan .\nfor the years ended december 31 , 2018 and 2017 , the service cost component of net periodic benefit cost was classified in selling , general and administrative expenses , while the other components of net periodic benefit cost were classified in other income , net in our consolidated statements of income .\nfor the year ended december 31 , 2016 , all components of net periodic benefit expense were included in selling , general , and administrative expenses in our consolidated statements of income .\nfor the year ending december 31 , 2019 , we expect net periodic benefit costs to increase by approximately $ 2 million due to the fact that we will incur a full year of pension expense related to our stahlgruber business , compared to a partial year in 2018 .\nthe table below summarizes the weighted-average assumptions used to calculate the net periodic benefit cost in the table above: .\n\nTable Data:\n[['', '2018', '2017', '2016'], ['discount rate used to determine service cost', '1.3% ( 1.3 % )', '1.5% ( 1.5 % )', '1.6% ( 1.6 % )'], ['discount rate used to determine interest cost', '2.5% ( 2.5 % )', '3.0% ( 3.0 % )', '3.0% ( 3.0 % )'], ['rate of future compensation increase', '1.9% ( 1.9 % )', '1.3% ( 1.3 % )', '2.0% ( 2.0 % )'], ['expected long-term return on plan assets ( 1 )', '4.8% ( 4.8 % )', '5.0% ( 5.0 % )', '5.1% ( 5.1 % )']]\n\nFollowing Text:\nexpected long-term return on plan assets ( 1 ) 4.8% ( 4.8 % ) 5.0% ( 5.0 % ) 5.1% ( 5.1 % ) ( 1 ) our expected long-term return on plan assets is determined based on our asset allocation and estimate of future long- term returns by asset class .\nassumed mortality is also a key assumption in determining benefit obligations and net periodic benefit cost .\nin some of our european plans , a price inflation index is also an assumption in determining benefit obligations and net periodic benefit as of december 31 , 2018 , the pre-tax amounts recognized in accumulated other comprehensive income consisted of $ 10 million of net actuarial losses for our defined benefit plans that have not yet been recognized in net periodic benefit cost .\nof this amount , we expect $ 0.2 million to be recognized as a component of net periodic benefit cost during the year ending december 31 , 2019 .\nfair value of plan assets fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants .\nthe tiers in the fair value hierarchy include : level 1 , defined as observable inputs such as quoted market prices in active markets ; level 2 , defined as inputs other than quoted prices in active markets that are either directly or indirectly observable ; and level 3 , defined as significant unobservable inputs in which little or no market data exists , therefore requiring an entity to develop its own assumptions .\ninvestments that are valued using net asset value ( \"nav\" ) ( or its equivalent ) as a practical expedient are excluded from the fair value hierarchy disclosure .\nthe following is a description of the valuation methodologies used for assets reported at fair value .\nthe methodologies used at december 31 , 2018 and december 31 , 2017 are the same .\nlevel 1 investments : cash and cash equivalents are valued based on cost , which approximates fair value .\nmutual funds are valued based on reported market prices on the last trading day of the fiscal year .\nlevel 3 investments : investments in insurance contracts represent the cash surrender value of the insurance policy .\nthese are actuarially determined amounts based on projections of future benefit payments , discount rates , and expected long- term rate of return on assets. .\n\nQuestion: based on the review of the weighted-average assumptions used to calculate the net periodic benefit cost what was the ratio of the expected long-term return on plan assets ( 1 ) to the discount rate used to determine service cost in 2017",
        "solution": "3.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2003/page_89.pdf\n\nID: IPG/2003/page_89.pdf-2\n\nPrevious Text:\nnotes to consolidated financial statements ( dollars in millions , except per share amounts ) long-term debt maturing over the next five years and thereafter is as follows: .\n\nTable Data:\n[['2004', '$ 244.5'], ['2005', '$ 523.8'], ['2006', '$ 338.5'], ['2007', '$ 0.9'], ['2008', '$ 0.9'], ['2009 and thereafter', '$ 1327.6']]\n\nFollowing Text:\non march 7 , 2003 , standard & poor's ratings services downgraded the company's senior secured credit rating to bb+ with negative outlook from bbb- .\non may 14 , 2003 , fitch ratings downgraded the company's senior unsecured credit rating to bb+ with negative outlook from bbb- .\non may 9 , 2003 , moody's investor services , inc .\n( \"moody's\" ) placed the company's senior unsecured and subordinated credit ratings on review for possible downgrade from baa3 and ba1 , respectively .\nas of march 12 , 2004 , the company's credit ratings continued to be on review for a possible downgrade .\nsince july 2001 , the company has not repurchased its common stock in the open market .\nin october 2003 , the company received a federal tax refund of approximately $ 90 as a result of its carryback of its 2002 loss for us federal income tax purposes and certain capital losses , to earlier periods .\nthrough december 2002 , the company had paid cash dividends quarterly with the most recent quarterly dividend paid in december 2002 at a rate of $ 0.095 per share .\non a quarterly basis , the company's board of directors makes determinations regarding the payment of dividends .\nas previously discussed , the company's ability to declare or pay dividends is currently restricted by the terms of its revolving credit facilities .\nthe company did not declare or pay any dividends in 2003 .\nhowever , in 2004 , the company expects to pay any dividends accruing on the series a mandatory convertible preferred stock in cash , which is expressly permitted by the revolving credit facilities .\nsee note 14 for discussion of fair market value of the company's long-term debt .\nnote 9 : equity offering on december 16 , 2003 , the company sold 25.8 million shares of common stock and issued 7.5 million shares of 3- year series a mandatory convertible preferred stock ( the \"preferred stock\" ) .\nthe total net proceeds received from the concurrent offerings was approximately $ 693 .\nthe preferred stock carries a dividend yield of 5.375% ( 5.375 % ) .\non maturity , each share of the preferred stock will convert , subject to adjustment , to between 3.0358 and 3.7037 shares of common stock , depending on the then-current market price of the company's common stock , representing a conversion premium of approximately 22% ( 22 % ) over the stock offering price of $ 13.50 per share .\nunder certain circumstances , the preferred stock may be converted prior to maturity at the option of the holders or the company .\nthe common and preferred stock were issued under the company's existing shelf registration statement .\nin january 2004 , the company used approximately $ 246 of the net proceeds from the offerings to redeem the 1.80% ( 1.80 % ) convertible subordinated notes due 2004 .\nthe remaining proceeds will be used for general corporate purposes and to further strengthen the company's balance sheet and financial condition .\nthe company will pay annual dividends on each share of the series a mandatory convertible preferred stock in the amount of $ 2.6875 .\ndividends will be cumulative from the date of issuance and will be payable on each payment date to the extent that dividends are not restricted under the company's credit facilities and assets are legally available to pay dividends .\nthe first dividend payment , which was declared on february 24 , 2004 , will be made on march 15 , 2004. .\n\nQuestion: how much percentage has long-term debt gone down from 2004 to 2008?",
        "solution": "99.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2017/page_14.pdf\n\nID: FIS/2017/page_14.pdf-3\n\nPrevious Text:\n2022 expand client relationships - the overall market we serve continues to gravitate beyond single-application purchases to multi-solution partnerships .\nas the market dynamics shift , we expect our clients and prospects to rely more on our multidimensional service offerings .\nour leveraged solutions and processing expertise can produce meaningful value and cost savings for our clients through more efficient operating processes , improved service quality and convenience for our clients' customers .\n2022 build global diversification - we continue to deploy resources in global markets where we expect to achieve meaningful scale .\nrevenues by segment the table below summarizes our revenues by reporting segment ( in millions ) : .\n\nTable Data:\n[['', '2017', '2016', '2015'], ['ifs', '$ 4630', '$ 4525', '$ 3809'], ['gfs', '4138', '4250', '2361'], ['corporate and other', '355', '466', '426'], ['total consolidated revenues', '$ 9123', '$ 9241', '$ 6596']]\n\nFollowing Text:\nintegrated financial solutions ( \"ifs\" ) the ifs segment is focused primarily on serving north american regional and community bank and savings institutions for transaction and account processing , payment solutions , channel solutions , digital channels , fraud , risk management and compliance solutions , lending and wealth and retirement solutions , and corporate liquidity , capitalizing on the continuing trend to outsource these solutions .\nclients in this segment include regional and community banks , credit unions and commercial lenders , as well as government institutions , merchants and other commercial organizations .\nthese markets are primarily served through integrated solutions and characterized by multi-year processing contracts that generate highly recurring revenues .\nthe predictable nature of cash flows generated from this segment provides opportunities for further investments in innovation , integration , information and security , and compliance in a cost-effective manner .\nour solutions in this segment include : 2022 core processing and ancillary applications .\nour core processing software applications are designed to run banking processes for our financial institution clients , including deposit and lending systems , customer management , and other central management systems , serving as the system of record for processed activity .\nour diverse selection of market- focused core systems enables fis to compete effectively in a wide range of markets .\nwe also offer a number of services that are ancillary to the primary applications listed above , including branch automation , back-office support systems and compliance support .\n2022 digital solutions , including internet , mobile and ebanking .\nour comprehensive suite of retail delivery applications enables financial institutions to integrate and streamline customer-facing operations and back-office processes , thereby improving customer interaction across all channels ( e.g. , branch offices , internet , atm , mobile , call centers ) .\nfis' focus on consumer access has driven significant market innovation in this area , with multi-channel and multi-host solutions and a strategy that provides tight integration of services and a seamless customer experience .\nfis is a leader in mobile banking solutions and electronic banking enabling clients to manage banking and payments through the internet , mobile devices , accounting software and telephone .\nour corporate electronic banking solutions provide commercial treasury capabilities including cash management services and multi-bank collection and disbursement services that address the specialized needs of corporate clients .\nfis systems provide full accounting and reconciliation for such transactions , serving also as the system of record. .\n\nQuestion: what is the growth rate in consolidated revenues from 2016 to 2017?",
        "solution": "-1.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VNO/2011/page_177.pdf\n\nID: VNO/2011/page_177.pdf-1\n\nPrevious Text:\nvornado realty trust notes to consolidated financial statements ( continued ) 10 .\nredeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period .\nchanges in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity .\nbelow is a table summarizing the activity of redeemable noncontrolling interests .\n( amounts in thousands ) .\n\nTable Data:\n[['balance at december 31 2009', '$ 1251628'], ['net income', '55228'], ['distributions', '-53515 ( 53515 )'], ['conversion of class a units into common shares at redemption value', '-126764 ( 126764 )'], ['adjustment to carry redeemable class a units at redemption value', '191826'], ['redemption of series d-12 redeemable units', '-13000 ( 13000 )'], ['other net', '22571'], ['balance at december 31 2010', '1327974'], ['net income', '55912'], ['distributions', '-50865 ( 50865 )'], ['conversion of class a units into common shares at redemption value', '-64830 ( 64830 )'], ['adjustment to carry redeemable class a units at redemption value', '-98092 ( 98092 )'], ['redemption of series d-11 redeemable units', '-28000 ( 28000 )'], ['other net', '18578'], ['balance at december 31 2011', '$ 1160677']]\n\nFollowing Text:\nredeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares .\naccordingly , the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 54865000 and $ 55097000 as of december 31 , 2011 and 2010 , respectively. .\n\nQuestion: what was the percentage change in the redeemable noncontrolling interests from 2009 to 2010",
        "solution": "6.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_342.pdf\n\nID: ETR/2017/page_342.pdf-3\n\nPrevious Text:\nentergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis results of operations net income 2017 compared to 2016 net income decreased $ 305.7 million primarily due to the effect of the enactment of the tax cuts and jobs act , in december 2017 , which resulted in a decrease of $ 182.6 million in net income in 2017 , and the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense in 2016 .\nalso contributing to the decrease in net income were higher other operation and maintenance expenses .\nthe decrease was partially offset by higher net revenue and higher other income .\nsee note 3 to the financial statements for discussion of the effects of the tax cuts and jobs act and the irs audit .\n2016 compared to 2015 net income increased $ 175.4 million primarily due to the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense in 2016 .\nalso contributing to the increase were lower other operation and maintenance expenses , higher net revenue , and higher other income .\nthe increase was partially offset by higher depreciation and amortization expenses , higher interest expense , and higher nuclear refueling outage expenses .\nsee note 3 to the financial statements for discussion of the irs audit .\nnet revenue 2017 compared to 2016 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 ) .\nfollowing is an analysis of the change in net revenue comparing 2017 to 2016 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2016 net revenue', '$ 2438.4'], ['regulatory credit resulting from reduction of thefederal corporate income tax rate', '55.5'], ['retail electric price', '42.8'], ['louisiana act 55 financing savings obligation', '17.2'], ['volume/weather', '-12.4 ( 12.4 )'], ['other', '19.0'], ['2017 net revenue', '$ 2560.5']]\n\nFollowing Text:\nthe regulatory credit resulting from reduction of the federal corporate income tax rate variance is due to the reduction of the vidalia purchased power agreement regulatory liability by $ 30.5 million and the reduction of the louisiana act 55 financing savings obligation regulatory liabilities by $ 25 million as a result of the enactment of the tax cuts and jobs act , in december 2017 , which lowered the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) .\nthe effects of the tax cuts and jobs act are discussed further in note 3 to the financial statements. .\n\nQuestion: in 2017 what was the percentage change in the net revenue",
        "solution": "5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: STT/2013/page_71.pdf\n\nID: STT/2013/page_71.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis of financial condition and results of operations ( continued ) the following table presents average u.s .\nand non-u.s .\nshort-duration advances for the years ended december 31 : years ended december 31 .\n\nTable Data:\n[['( in millions )', '2013', '2012', '2011'], ['average u.s . short-duration advances', '$ 2356', '$ 1972', '$ 1994'], ['average non-u.s . short-duration advances', '1393', '1393', '1585'], ['average total short-duration advances', '$ 3749', '$ 3365', '$ 3579']]\n\nFollowing Text:\nalthough average short-duration advances for the year ended december 31 , 2013 increased compared to the year ended december 31 , 2012 , such average advances remained low relative to historical levels , mainly the result of clients continuing to hold higher levels of liquidity .\naverage other interest-earning assets increased to $ 11.16 billion for the year ended december 31 , 2013 from $ 7.38 billion for the year ended december 31 , 2012 .\nthe increased levels were primarily the result of higher levels of cash collateral provided in connection with our participation in principal securities finance transactions .\naggregate average interest-bearing deposits increased to $ 109.25 billion for the year ended december 31 , 2013 from $ 98.39 billion for the year ended december 31 , 2012 .\nthis increase was mainly due to higher levels of non-u.s .\ntransaction accounts associated with the growth of new and existing business in assets under custody and administration .\nfuture transaction account levels will be influenced by the underlying asset servicing business , as well as market conditions , including the general levels of u.s .\nand non-u.s .\ninterest rates .\naverage other short-term borrowings declined to $ 3.79 billion for the year ended december 31 , 2013 from $ 4.68 billion for the year ended december 31 , 2012 , as higher levels of client deposits provided additional liquidity .\naverage long-term debt increased to $ 8.42 billion for the year ended december 31 , 2013 from $ 7.01 billion for the year ended december 31 , 2012 .\nthe increase primarily reflected the issuance of $ 1.0 billion of extendible notes by state street bank in december 2012 , the issuance of $ 1.5 billion of senior and subordinated debt in may 2013 , and the issuance of $ 1.0 billion of senior debt in november 2013 .\nthis increase was partly offset by maturities of $ 1.75 billion of senior debt in the second quarter of 2012 .\naverage other interest-bearing liabilities increased to $ 6.46 billion for the year ended december 31 , 2013 from $ 5.90 billion for the year ended december 31 , 2012 , primarily the result of higher levels of cash collateral received from clients in connection with our participation in principal securities finance transactions .\nseveral factors could affect future levels of our net interest revenue and margin , including the mix of client liabilities ; actions of various central banks ; changes in u.s .\nand non-u.s .\ninterest rates ; changes in the various yield curves around the world ; revised or proposed regulatory capital or liquidity standards , or interpretations of those standards ; the amount of discount accretion generated by the former conduit securities that remain in our investment securities portfolio ; and the yields earned on securities purchased compared to the yields earned on securities sold or matured .\nbased on market conditions and other factors , we continue to reinvest the majority of the proceeds from pay- downs and maturities of investment securities in highly-rated securities , such as u.s .\ntreasury and agency securities , federal agency mortgage-backed securities and u.s .\nand non-u.s .\nmortgage- and asset-backed securities .\nthe pace at which we continue to reinvest and the types of investment securities purchased will depend on the impact of market conditions and other factors over time .\nwe expect these factors and the levels of global interest rates to dictate what effect our reinvestment program will have on future levels of our net interest revenue and net interest margin. .\n\nQuestion: in 2013 , what percent of short duration advances is from the us?",
        "solution": "62.84%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2004/page_78.pdf\n\nID: HUM/2004/page_78.pdf-1\n\nPrevious Text:\nhumana inc .\nnotes to consolidated financial statements 2014 ( continued ) in any spe transactions .\nthe adoption of fin 46 or fin 46-r did not have a material impact on our financial position , results of operations , or cash flows .\nin december 2004 , the fasb issued statement no .\n123r , share-based payment , or statement 123r , which requires companies to expense the fair value of employee stock options and other forms of stock-based compensation .\nthis requirement represents a significant change because fixed-based stock option awards , a predominate form of stock compensation for us , were not recognized as compensation expense under apb 25 .\nstatement 123r requires the cost of the award , as determined on the date of grant at fair value , be recognized over the period during which an employee is required to provide service in exchange for the award ( usually the vesting period ) .\nthe grant-date fair value of the award will be estimated using option-pricing models .\nwe are required to adopt statement 123r no later than july 1 , 2005 under one of three transition methods , including a prospective , retrospective and combination approach .\nwe previously disclosed on page 67 the effect of expensing stock options under a fair value approach using the black-scholes pricing model for 2004 , 2003 and 2002 .\nwe currently are evaluating all of the provisions of statement 123r and the expected effect on us including , among other items , reviewing compensation strategies related to stock-based awards , selecting an option pricing model and determining the transition method .\nin march 2004 , the fasb issued eitf issue no .\n03-1 , or eitf 03-1 , the meaning of other-than- temporary impairment and its application to certain investments .\neitf 03-1 includes new guidance for evaluating and recording impairment losses on certain debt and equity investments when the fair value of the investment security is less than its carrying value .\nin september 2004 , the fasb delayed the previously scheduled third quarter 2004 effective date until the issuance of additional implementation guidance , expected in 2005 .\nupon issuance of a final standard , we will evaluate the impact on our consolidated financial position and results of operations .\n3 .\nacquisitions on february 16 , 2005 , we acquired careplus health plans of florida , or careplus , as well as its affiliated 10 medical centers and pharmacy company .\ncareplus provides medicare advantage hmo plans and benefits to medicare eligible members in miami-dade , broward and palm beach counties .\nthis acquisition enhances our medicare market position in south florida .\nwe paid approximately $ 450 million in cash including estimated transaction costs , subject to a balance sheet settlement process with a nine month claims run-out period .\nwe currently are in the process of allocating the purchase price to the net tangible and intangible assets .\non april 1 , 2004 , we acquired ochsner health plan , or ochsner , from the ochsner clinic foundation .\nochsner is a louisiana health benefits company offering network-based managed care plans to employer-groups and medicare eligible members .\nthis acquisition enabled us to enter a new market with significant market share which should facilitate new sales opportunities in this and surrounding markets , including houston , texas .\nwe paid $ 157.1 million in cash , including transaction costs .\nthe fair value of the tangible assets ( liabilities ) as of the acquisition date are as follows: .\n\nTable Data:\n[['', '( in thousands )'], ['cash and cash equivalents', '$ 15270'], ['investment securities', '84527'], ['premiums receivable and other current assets', '20616'], ['property and equipment and other assets', '6847'], ['medical and other expenses payable', '-71063 ( 71063 )'], ['other current liabilities', '-21604 ( 21604 )'], ['other liabilities', '-82 ( 82 )'], ['net tangible assets acquired', '$ 34511']]\n\nFollowing Text:\n.\n\nQuestion: what is the percentage of property and equipment and other assets among the total assets?",
        "solution": "5.38%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2010/page_39.pdf\n\nID: LMT/2010/page_39.pdf-4\n\nPrevious Text:\noperating profit for the segment decreased by 1% ( 1 % ) in 2010 compared to 2009 .\nfor the year , operating profit declines in defense more than offset an increase in civil , while operating profit at intelligence essentially was unchanged .\nthe $ 27 million decrease in operating profit at defense primarily was attributable to a decrease in the level of favorable performance adjustments on mission and combat systems activities in 2010 .\nthe $ 19 million increase in civil principally was due to higher volume on enterprise civilian services .\noperating profit for the segment decreased by 3% ( 3 % ) in 2009 compared to 2008 .\noperating profit declines in civil and intelligence partially were offset by growth in defense .\nthe decrease of $ 29 million in civil 2019s operating profit primarily was attributable to a reduction in the level of favorable performance adjustments on enterprise civilian services programs in 2009 compared to 2008 .\nthe decrease in operating profit of $ 27 million at intelligence mainly was due to a reduction in the level of favorable performance adjustments on security solution activities in 2009 compared to 2008 .\nthe increase in defense 2019s operating profit of $ 29 million mainly was due to volume and improved performance in mission and combat systems .\nthe decrease in backlog during 2010 compared to 2009 mainly was due to higher sales volume on enterprise civilian service programs at civil , including volume associated with the dris 2010 program , and mission and combat system programs at defense .\nbacklog decreased in 2009 compared to 2008 due to u.s .\ngovernment 2019s exercise of the termination for convenience clause on the tsat mission operations system ( tmos ) contract at defense , which resulted in a $ 1.6 billion reduction in orders .\nthis decline more than offset increased orders on enterprise civilian services programs at civil .\nwe expect is&gs will experience a low single digit percentage decrease in sales for 2011 as compared to 2010 .\nthis decline primarily is due to completion of most of the work associated with the dris 2010 program .\noperating profit in 2011 is expected to decline in relationship to the decline in sales volume , while operating margins are expected to be comparable between the years .\nspace systems our space systems business segment is engaged in the design , research and development , engineering , and production of satellites , strategic and defensive missile systems , and space transportation systems , including activities related to the planned replacement of the space shuttle .\ngovernment satellite programs include the advanced extremely high frequency ( aehf ) system , the mobile user objective system ( muos ) , the global positioning satellite iii ( gps iii ) system , the space-based infrared system ( sbirs ) , and the geostationary operational environmental satellite r-series ( goes-r ) .\nstrategic and missile defense programs include the targets and countermeasures program and the fleet ballistic missile program .\nspace transportation includes the nasa orion program and , through ownership interests in two joint ventures , expendable launch services ( united launch alliance , or ula ) and space shuttle processing activities for the u.s .\ngovernment ( united space alliance , or usa ) .\nthe space shuttle is expected to complete its final flight mission in 2011 and our involvement with its launch and processing activities will end at that time .\nspace systems 2019 operating results included the following : ( in millions ) 2010 2009 2008 .\n\nTable Data:\n[['( in millions )', '2010', '2009', '2008'], ['net sales', '$ 8246', '$ 8654', '$ 8027'], ['operating profit', '972', '972', '953'], ['operating margin', '11.8% ( 11.8 % )', '11.2% ( 11.2 % )', '11.9% ( 11.9 % )'], ['backlog at year-end', '17800', '16800', '17900']]\n\nFollowing Text:\nnet sales for space systems decreased by 5% ( 5 % ) in 2010 compared to 2009 .\nsales declined in all three lines of business during the year .\nthe $ 253 million decrease in space transportation principally was due to lower volume on the space shuttle external tank , commercial launch vehicle activity and other human space flight programs , which partially were offset by higher volume on the orion program .\nthere were no commercial launches in 2010 compared to one commercial launch in 2009 .\nstrategic & defensive missile systems ( s&dms ) sales declined $ 147 million principally due to lower volume on defensive missile programs .\nthe $ 8 million sales decline in satellites primarily was attributable to lower volume on commercial satellites , which partially were offset by higher volume on government satellite activities .\nthere was one commercial satellite delivery in 2010 and one commercial satellite delivery in 2009 .\nnet sales for space systems increased 8% ( 8 % ) in 2009 compared to 2008 .\nduring the year , sales growth at satellites and space transportation offset a decline in s&dms .\nthe sales growth of $ 707 million in satellites was due to higher volume in government satellite activities , which partially was offset by lower volume in commercial satellite activities .\nthere was one commercial satellite delivery in 2009 and two deliveries in 2008 .\nthe increase in sales of $ 21 million in space transportation primarily was due to higher volume on the orion program , which more than offset a decline in the space shuttle 2019s external tank program .\nthere was one commercial launch in both 2009 and 2008 .\ns&dms 2019 sales decreased by $ 102 million mainly due to lower volume on defensive missile programs , which more than offset growth in strategic missile programs. .\n\nQuestion: what were average net sales for space systems in millions from 2008 to 2010?",
        "solution": "8309"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2017/page_414.pdf\n\nID: ETR/2017/page_414.pdf-1\n\nPrevious Text:\nentergy texas , inc .\nand subsidiaries management 2019s financial discussion and analysis results of operations net income 2017 compared to 2016 net income decreased $ 31.4 million primarily due to lower net revenue , higher depreciation and amortization expenses , higher other operation and maintenance expenses , and higher taxes other than income taxes .\n2016 compared to 2015 net income increased $ 37.9 million primarily due to lower other operation and maintenance expenses , the asset write-off of its receivable associated with the spindletop gas storage facility in 2015 , and higher net revenue .\nnet revenue 2017 compared to 2016 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 .\nfollowing is an analysis of the change in net revenue comparing 2017 to 2016 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2016 net revenue', '$ 644.2'], ['net wholesale revenue', '-35.1 ( 35.1 )'], ['purchased power capacity', '-5.9 ( 5.9 )'], ['transmission revenue', '-5.4 ( 5.4 )'], ['reserve equalization', '5.6'], ['retail electric price', '19.0'], ['other', '4.4'], ['2017 net revenue', '$ 626.8']]\n\nFollowing Text:\nthe net wholesale revenue variance is primarily due to lower net capacity revenues resulting from the termination of the purchased power agreements between entergy louisiana and entergy texas in august 2016 .\nthe purchased power capacity variance is primarily due to increased expenses due to capacity cost changes for ongoing purchased power capacity contracts .\nthe transmission revenue variance is primarily due to a decrease in the amount of transmission revenues allocated by miso .\nthe reserve equalization variance is due to the absence of reserve equalization expenses in 2017 as a result of entergy texas 2019s exit from the system agreement in august 2016 .\nsee note 2 to the financial statements for a discussion of the system agreement. .\n\nQuestion: what percent change did the drop in net wholesale revenue cause for 2017 net revenue?",
        "solution": "-5.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2013/page_52.pdf\n\nID: HUM/2013/page_52.pdf-2\n\nPrevious Text:\nissuer purchases of equity securities the following table provides information about purchases by us during the three months ended december 31 , 2013 of equity securities that are registered by us pursuant to section 12 of the exchange act : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) ( 2 ) dollar value of shares that may yet be purchased under the plans or programs ( 1 ) .\n\nTable Data:\n[['period', 'total number of shares purchased ( 1 )', 'average price paid per share', 'total number of shares purchased as part of publicly announcedplans or programs ( 1 ) ( 2 )', 'dollar value of shares that may yet be purchased under the plans orprograms ( 1 )'], ['october 2013', '0', '$ 0', '0', '$ 781118739'], ['november 2013', '1191867', '98.18', '1191867', '664123417'], ['december 2013', '802930', '104.10', '802930', '580555202'], ['total', '1994797', '$ 100.56', '1994797', '']]\n\nFollowing Text:\n( 1 ) as announced on may 1 , 2013 , in april 2013 , the board of directors replaced its previously approved share repurchase authorization of up to $ 1 billion with a current authorization for repurchases of up to $ 1 billion of our common shares exclusive of shares repurchased in connection with employee stock plans , expiring on june 30 , 2015 .\nunder the current share repurchase authorization , shares may be purchased from time to time at prevailing prices in the open market , by block purchases , or in privately-negotiated transactions , subject to certain regulatory restrictions on volume , pricing , and timing .\nas of february 1 , 2014 , the remaining authorized amount under the current authorization totaled approximately $ 580 million .\n( 2 ) excludes 0.1 million shares repurchased in connection with employee stock plans. .\n\nQuestion: what is the percentage of shares purchased in november concerning the whole 2013 year?",
        "solution": "59.75%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLB/2006/page_45.pdf\n\nID: SLB/2006/page_45.pdf-1\n\nPrevious Text:\npart ii , item 7 in 2006 , cash provided by financing activities was $ 291 million which was primarily due to the proceeds from employee stock plans ( $ 442 million ) and an increase in debt of $ 1.5 billion partially offset by the repurchase of 17.99 million shares of schlumberger stock ( $ 1.07 billion ) and the payment of dividends to shareholders ( $ 568 million ) .\nschlumberger believes that at december 31 , 2006 , cash and short-term investments of $ 3.0 billion and available and unused credit facilities of $ 2.2 billion are sufficient to meet future business requirements for at least the next twelve months .\nsummary of major contractual commitments ( stated in millions ) .\n\nTable Data:\n[['contractual commitments', 'total', 'payment period 2007', 'payment period 2008 - 2009', 'payment period 2010 - 2011', 'payment period after 2011'], ['debt1', '$ 5986', '$ 1322', '$ 2055', '$ 1961', '$ 648'], ['operating leases', '$ 691', '$ 191', '$ 205', '$ 106', '$ 189'], ['purchase obligations2', '$ 1526', '$ 1490', '$ 36', '$ 2013', '$ 2013']]\n\nFollowing Text:\npurchase obligations 2 $ 1526 $ 1490 $ 36 $ 2013 $ 2013 1 .\nexcludes future payments for interest .\nincludes amounts relating to the $ 1425 million of convertible debentures which are described in note 11 of the consolidated financial statements .\n2 .\nrepresents an estimate of contractual obligations in the ordinary course of business .\nalthough these contractual obligations are considered enforceable and legally binding , the terms generally allow schlumberger the option to reschedule and adjust their requirements based on business needs prior to the delivery of goods .\nrefer to note 4 of the consolidated financial statements for details regarding potential commitments associated with schlumberger 2019s prior business acquisitions .\nrefer to note 20 of the consolidated financial statements for details regarding schlumberger 2019s pension and other postretirement benefit obligations .\nschlumberger has outstanding letters of credit/guarantees which relate to business performance bonds , custom/excise tax commitments , facility lease/rental obligations , etc .\nthese were entered into in the ordinary course of business and are customary practices in the various countries where schlumberger operates .\ncritical accounting policies and estimates the preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the united states requires schlumberger to make estimates and assumptions that affect the reported amounts of assets and liabilities , the disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses .\nthe following accounting policies involve 201ccritical accounting estimates 201d because they are particularly dependent on estimates and assumptions made by schlumberger about matters that are inherently uncertain .\na summary of all of schlumberger 2019s significant accounting policies is included in note 2 to the consolidated financial statements .\nschlumberger bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances , the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources .\nactual results may differ from these estimates under different assumptions or conditions .\nmulticlient seismic data the westerngeco segment capitalizes the costs associated with obtaining multiclient seismic data .\nthe carrying value of the multiclient seismic data library at december 31 , 2006 , 2005 and 2004 was $ 227 million , $ 222 million and $ 347 million , respectively .\nsuch costs are charged to cost of goods sold and services based on the percentage of the total costs to the estimated total revenue that schlumberger expects to receive from the sales of such data .\nhowever , except as described below under 201cwesterngeco purchase accounting , 201d under no circumstance will an individual survey carry a net book value greater than a 4-year straight-lined amortized value. .\n\nQuestion: what is the ratio of the total debt to the purchase obligations",
        "solution": "3.92"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2008/page_144.pdf\n\nID: CB/2008/page_144.pdf-2\n\nPrevious Text:\nforeign currency exchange rate risk many of our non-u.s .\ncompanies maintain both assets and liabilities in local currencies .\ntherefore , foreign exchange rate risk is generally limited to net assets denominated in those foreign currencies .\nforeign exchange rate risk is reviewed as part of our risk management process .\nlocally required capital levels are invested in home currencies in order to satisfy regulatory require- ments and to support local insurance operations regardless of currency fluctuations .\nthe principal currencies creating foreign exchange risk for us are the british pound sterling , the euro , and the canadian dollar .\nthe following table provides more information on our exposure to foreign exchange rate risk at december 31 , 2008 and 2007. .\n\nTable Data:\n[['( in millions of u.s . dollars )', '2008', '2007'], ['fair value of net assets denominated in foreign currencies', '$ 1127', '$ 1651'], ['percentage of fair value of total net assets', '7.8% ( 7.8 % )', '9.9% ( 9.9 % )'], ['pre-tax impact on equity of hypothetical 10 percent strengthening of the u.s . dollar', '$ 84', '$ 150']]\n\nFollowing Text:\nreinsurance of gmdb and gmib guarantees our net income is directly impacted by changes in the reserves calculated in connection with the reinsurance of variable annuity guarantees , primarily gmdb and gmib .\nthese reserves are calculated in accordance with sop 03-1 ( sop reserves ) and changes in these reserves are reflected as life and annuity benefit expense , which is included in life underwriting income .\nin addition , our net income is directly impacted by the change in the fair value of the gmib liability ( fvl ) , which is classified as a derivative according to fas 133 .\nthe fair value liability established for a gmib reinsurance contract represents the differ- ence between the fair value of the contract and the sop 03-1 reserves .\nchanges in the fair value of the gmib liability , net of associated changes in the calculated sop 03-1 reserve , are reflected as realized gains or losses .\nace views our variable annuity reinsurance business as having a similar risk profile to that of catastrophe reinsurance , with the probability of long-term economic loss relatively small at the time of pricing .\nadverse changes in market factors and policyholder behavior will have an impact on both life underwriting income and net income .\nwhen evaluating these risks , we expect to be compensated for taking both the risk of a cumulative long-term economic net loss , as well as the short-term accounting variations caused by these market movements .\ntherefore , we evaluate this business in terms of its long-term eco- nomic risk and reward .\nthe ultimate risk to the variable annuity guaranty reinsurance business is a long-term underperformance of investment returns , which can be exacerbated by a long-term reduction in interest rates .\nfollowing a market downturn , continued market underperformance over a period of five to seven years would eventually result in a higher level of paid claims as policyholders accessed their guarantees through death or annuitization .\nhowever , if market conditions improved following a downturn , sop 03-1 reserves and fair value liability would fall reflecting a decreased likelihood of future claims , which would result in an increase in both life underwriting income and net income .\nas of december 31 , 2008 , management established the sop 03-1 reserve based on the benefit ratio calculated using actual market values at december 31 , 2008 .\nmanagement exercises judgment in determining the extent to which short-term market movements impact the sop 03-1 reserve .\nthe sop 03-1 reserve is based on the calculation of a long-term benefit ratio ( or loss ratio ) for the variable annuity guarantee reinsurance .\ndespite the long-term nature of the risk the benefit ratio calculation is impacted by short-term market movements that may be judged by management to be temporary or transient .\nmanagement will , in keeping with the language in sop 03-1 , regularly examine both quantitative and qualitative analysis and management will determine if , in its judgment , the change in the calculated benefit ratio is of sufficient magnitude and has persisted for a sufficient duration to warrant a change in the benefit ratio used to establish the sop 03-1 reserve .\nthis has no impact on either premium received or claims paid nor does it impact the long-term profit or loss of the variable annuity guaran- tee reinsurance .\nthe sop 03-1 reserve and fair value liability calculations are directly affected by market factors , including equity levels , interest rate levels , credit risk and implied volatilities , as well as policyholder behaviors , such as annuitization and lapse rates .\nthe table below shows the sensitivity , as of december 31 , 2008 , of the sop 03-1 reserves and fair value liability associated with the variable annuity guarantee reinsurance portfolio .\nin addition , the tables below show the sensitivity of the fair value of specific derivative instruments held ( hedge value ) , which includes instruments purchased in january 2009 , to partially offset the risk in the variable annuity guarantee reinsurance portfolio .\nalthough these derivatives do not receive hedge accounting treatment , some portion of the change in value may be used to offset changes in the sop 03-1 reserve. .\n\nQuestion: what is percentage change in fair value of net assets denominated in foreign currencies from 2007 to 2008?",
        "solution": "-31.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2012/page_44.pdf\n\nID: LMT/2012/page_44.pdf-1\n\nPrevious Text:\naeronautics 2019 operating profit for 2011 increased $ 132 million , or 9% ( 9 % ) , compared to 2010 .\nthe increase primarily was attributable to approximately $ 115 million of higher operating profit on c-130 programs due to increased volume and the retirement of risks ; increased volume and risk retirements on f-16 programs of about $ 50 million and c-5 programs of approximately $ 20 million ; and about $ 70 million due to risk retirements on other aeronautics sustainment activities in 2011 .\nthese increases partially were offset by a decline in operating profit of approximately $ 75 million on the f-22 program and f-35 development contract primarily due to lower volume and about $ 55 million on other programs , including f-35 lrip , primarily due to lower profit rate adjustments in 2011 compared to 2010 .\nadjustments not related to volume , including net profit rate adjustments described above , were approximately $ 90 million higher in 2011 compared to 2010 .\nbacklog backlog decreased in 2012 compared to 2011 mainly due to lower orders on f-35 contracts and c-130 programs , partially offset by higher orders on f-16 programs .\nbacklog increased in 2011 compared to 2010 mainly due to higher orders on f-35 contracts , which partially were offset by higher sales volume on the c-130 programs .\ntrends we expect aeronautics will experience a mid single digit percentage range decline in net sales for 2013 as compared to 2012 .\na decrease in net sales from a decline in f-16 and c-130j aircraft deliveries is expected to be partially offset by an increase in net sales volume on f-35 lrip contracts .\noperating profit is projected to decrease at a high single digit percentage range from 2012 levels due to the expected decline in net sales as well as changes in aircraft mix , resulting in a slight decline in operating margins between the years .\ninformation systems & global solutions our is&gs business segment provides management services , integrated information technology solutions , and advanced technology systems and expertise across a broad spectrum of applications for civil , defense , intelligence , and other government customers .\nis&gs has a portfolio of many smaller contracts as compared to our other business segments .\nis&gs has been impacted by the continuing downturn in the federal information technology budgets and the impact of the continuing resolution that was effective on october 1 , 2012 , the start of the u.s .\ngovernment 2019s fiscal year .\nis&gs 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['net sales', '$ 8846', '$ 9381', '$ 9921'], ['operating profit', '808', '874', '814'], ['operating margins', '9.1% ( 9.1 % )', '9.3% ( 9.3 % )', '8.2% ( 8.2 % )'], ['backlog at year-end', '8700', '9300', '9700']]\n\nFollowing Text:\n2012 compared to 2011 is&gs 2019 net sales for 2012 decreased $ 535 million , or 6% ( 6 % ) , compared to 2011 .\nthe decrease was attributable to lower net sales of approximately $ 485 million due to the substantial completion of various programs during 2011 ( primarily jtrs ; odin ; and u.k .\ncensus ) ; and about $ 255 million due to lower volume on numerous other programs ( primarily hanford ; warfighter information network-tactical ( win-t ) ; command , control , battle management and communications ( c2bmc ) ; and transportation worker identification credential ( twic ) ) .\npartially offsetting the decreases were higher net sales of approximately $ 140 million from qtc , which was acquired early in the fourth quarter of 2011 ; and about $ 65 million from increased activity on numerous other programs , primarily federal cyber security programs and persistent threat detection system ( ptds ) operational support .\nis&gs 2019 operating profit for 2012 decreased $ 66 million , or 8% ( 8 % ) , compared to 2011 .\nthe decrease was attributable to lower operating profit of approximately $ 50 million due to the favorable impact of the odin contract completion in 2011 ; about $ 25 million due to an increase in reserves for performance issues related to an international airborne surveillance system in 2012 ; and approximately $ 20 million due to lower volume on certain programs ( primarily c2bmc and win-t ) .\npartially offsetting the decreases was an increase in operating profit due to higher risk retirements of approximately $ 15 million from the twic program ; and about $ 10 million due to increased activity on numerous other programs , primarily federal cyber security programs and ptds operational support .\noperating profit for the jtrs program was comparable as a decrease in volume was offset by a decrease in reserves .\nadjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 20 million higher for 2012 compared to 2011. .\n\nQuestion: what is the growth rate in net sales for is&gs in 2012?",
        "solution": "-5.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2013/page_89.pdf\n\nID: ADBE/2013/page_89.pdf-1\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) in the first quarter of fiscal 2013 , the executive compensation committee certified the actual performance achievement of participants in the 2012 performance share program ( the 201c2012 program 201d ) .\nbased upon the achievement of specific and/or market- based performance goals outlined in the 2012 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted .\nactual performance resulted in participants achieving 116% ( 116 % ) of target or approximately 1.3 million shares for the 2012 program .\none third of the shares under the 2012 program vested in the first quarter of fiscal 2013 and the remaining two thirds vest evenly on the following two anniversaries of the grant , contingent upon the recipient's continued service to adobe .\nin the first quarter of fiscal 2012 , the executive compensation committee certified the actual performance achievement of participants in the 2011 performance share program ( the 201c2011 program 201d ) .\nbased upon the achievement of goals outlined in the 2011 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted .\nactual performance resulted in participants achieving 130% ( 130 % ) of target or approximately 0.5 million shares for the 2011 program .\none third of the shares under the 2011 program vested in the first quarter of fiscal 2012 and the remaining two thirds vest evenly on the following two annual anniversary dates of the grant , contingent upon the recipient's continued service to adobe .\nin the first quarter of fiscal 2011 , the executive compensation committee certified the actual performance achievement of participants in the 2010 performance share program ( the 201c2010 program 201d ) .\nbased upon the achievement of goals outlined in the 2010 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted .\nactual performance resulted in participants achieving 135% ( 135 % ) of target or approximately 0.3 million shares for the 2010 program .\none third of the shares under the 2011 program vested in the first quarter of fiscal 2012 and the remaining two thirds vest evenly on the following two annual anniversary dates of the grant , contingent upon the recipient's continued service to adobe .\nthe following table sets forth the summary of performance share activity under our 2010 , 2011 and 2012 programs , based upon share awards actually achieved , for the fiscal years ended november 29 , 2013 , november 30 , 2012 and december 2 , 2011 ( in thousands ) : .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['beginning outstanding balance', '388', '405', '557'], ['achieved', '1279', '492', '337'], ['released', '-665 ( 665 )', '-464 ( 464 )', '-436 ( 436 )'], ['forfeited', '-141 ( 141 )', '-45 ( 45 )', '-53 ( 53 )'], ['ending outstanding balance', '861', '388', '405']]\n\nFollowing Text:\nthe total fair value of performance awards vested during fiscal 2013 , 2012 and 2011 was $ 25.4 million , $ 14.4 million and $ 14.8 million , respectively. .\n\nQuestion: based upon the achievement of goals outlined in the 2011 program , what was the difference in percentage points between the maximum % (  % ) of the target number vs . actual performance % (  % ) for the 2011 program?",
        "solution": "20"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PM/2015/page_32.pdf\n\nID: PM/2015/page_32.pdf-2\n\nPrevious Text:\nperformance graph the graph below compares the cumulative total shareholder return on pmi's common stock with the cumulative total return for the same period of pmi's compensation survey group and the s&p 500 index .\nthe graph assumes the investment of $ 100 as of december 31 , 2010 , in pmi common stock ( at prices quoted on the new york stock exchange ) and each of the indices as of the market close and reinvestment of dividends on a quarterly basis .\ndate pmi pmi compensation survey group ( 12 ) s&p 500 index .\n\nTable Data:\n[['date', 'pmi', 'pmi compensation survey group ( 12 )', 's&p 500 index'], ['december 31 2010', '$ 100.00', '$ 100.00', '$ 100.00'], ['december 31 2011', '$ 139.80', '$ 114.10', '$ 102.10'], ['december 31 2012', '$ 154.60', '$ 128.00', '$ 118.50'], ['december 31 2013', '$ 167.70', '$ 163.60', '$ 156.80'], ['december 31 2014', '$ 164.20', '$ 170.10', '$ 178.30'], ['december 31 2015', '$ 186.20', '$ 179.20', '$ 180.80']]\n\nFollowing Text:\n( 1 ) the pmi compensation survey group consists of the following companies with substantial global sales that are direct competitors ; or have similar market capitalization ; or are primarily focused on consumer products ( excluding high technology and financial services ) ; and are companies for which comparative executive compensation data are readily available : bayer ag , british american tobacco p.l.c. , the coca-cola company , diageo plc , glaxosmithkline , heineken n.v. , imperial brands plc ( formerly , imperial tobacco group plc ) , johnson & johnson , mcdonald's corp. , international , inc. , nestl e9 s.a. , novartis ag , pepsico , inc. , pfizer inc. , roche holding ag , unilever nv and plc and vodafone group plc .\n( 2 ) on october 1 , 2012 , international , inc .\n( nasdaq : mdlz ) , formerly kraft foods inc. , announced that it had completed the spin-off of its north american grocery business , kraft foods group , inc .\n( nasdaq : krft ) .\ninternational , inc .\nwas retained in the pmi compensation survey group index because of its global footprint .\nthe pmi compensation survey group index total cumulative return calculation weights international , inc.'s total shareholder return at 65% ( 65 % ) of historical kraft foods inc.'s market capitalization on december 31 , 2010 , based on international , inc.'s initial market capitalization relative to the combined market capitalization of international , inc .\nand kraft foods group , inc .\non october 2 , 2012 .\nnote : figures are rounded to the nearest $ 0.10. .\n\nQuestion: what was the difference in percentage cumulative total shareholder return on pmi's common stock versus the s&p 500 index for the five years ended december 31 , 2015?",
        "solution": "5.40%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2008/page_96.pdf\n\nID: AMT/2008/page_96.pdf-2\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) of certain of its assets and liabilities under its interest rate swap agreements held as of december 31 , 2006 and entered into during the first half of 2007 .\nin addition , the company paid $ 8.0 million related to a treasury rate lock agreement entered into and settled during the year ended december 31 , 2008 .\nthe cost of the treasury rate lock is being recognized as additional interest expense over the 10-year term of the 7.00% ( 7.00 % ) notes .\nduring the year ended december 31 , 2007 , the company also received $ 3.1 million in cash upon settlement of the assets and liabilities under ten forward starting interest rate swap agreements with an aggregate notional amount of $ 1.4 billion , which were designated as cash flow hedges to manage exposure to variability in cash flows relating to forecasted interest payments in connection with the certificates issued in the securitization in may 2007 .\nthe settlement is being recognized as a reduction in interest expense over the five-year period for which the interest rate swaps were designated as hedges .\nthe company also received $ 17.0 million in cash upon settlement of the assets and liabilities under thirteen additional interest rate swap agreements with an aggregate notional amount of $ 850.0 million that managed exposure to variability of interest rates under the credit facilities but were not considered cash flow hedges for accounting purposes .\nthis gain is included in other income in the accompanying consolidated statement of operations for the year ended december 31 , 2007 .\nas of december 31 , 2008 and 2007 , other comprehensive ( loss ) income included the following items related to derivative financial instruments ( in thousands ) : .\n\nTable Data:\n[['', '2008', '2007'], ['deferred loss on the settlement of the treasury rate lock net of tax', '$ -4332 ( 4332 )', '$ -4901 ( 4901 )'], ['deferred gain on the settlement of interest rate swap agreements entered into in connection with the securitization net oftax', '1238', '1636'], ['unrealized losses related to interest rate swap agreements net of tax', '-16349 ( 16349 )', '-486 ( 486 )']]\n\nFollowing Text:\nduring the years ended december 31 , 2008 and 2007 , the company recorded an aggregate net unrealized loss of approximately $ 15.8 million and $ 3.2 million , respectively ( net of a tax provision of approximately $ 10.2 million and $ 2.0 million , respectively ) in other comprehensive loss for the change in fair value of interest rate swaps designated as cash flow hedges and reclassified an aggregate of $ 0.1 million and $ 6.2 million , respectively ( net of an income tax provision of $ 2.0 million and an income tax benefit of $ 3.3 million , respectively ) into results of operations .\n9 .\nfair valuemeasurements the company determines the fair market values of its financial instruments based on the fair value hierarchy established in sfas no .\n157 , which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value .\nthe standard describes three levels of inputs that may be used to measure fair value .\nlevel 1 quoted prices in active markets for identical assets or liabilities that the company has the ability to access at the measurement date .\nthe company 2019s level 1 assets consist of available-for-sale securities traded on active markets as well as certain brazilian treasury securities that are highly liquid and are actively traded in over-the-counter markets .\nlevel 2 observable inputs other than level 1 prices , such as quoted prices for similar assets or liabilities ; quoted prices in markets that are not active ; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. .\n\nQuestion: what was the change in the unrealized losses related to interest rate swap agreements net of tax from 2007 to 2008",
        "solution": "-15863"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SPGI/2017/page_73.pdf\n\nID: SPGI/2017/page_73.pdf-2\n\nPrevious Text:\nfor securities that are quoted in active markets , the trustee/ custodian determines fair value by applying securities 2019 prices obtained from its pricing vendors .\nfor commingled funds that are not actively traded , the trustee applies pricing information provided by investment management firms to the unit quanti- ties of such funds .\ninvestment management firms employ their own pricing vendors to value the securities underlying each commingled fund .\nunderlying securities that are not actively traded derive their prices from investment managers , which in turn , employ vendors that use pricing models ( e.g. , discounted cash flow , comparables ) .\nthe domestic defined benefit plans have no investment in our stock , except through the s&p 500 commingled trust index fund .\nthe trustee obtains estimated prices from vendors for secu- rities that are not easily quotable and they are categorized accordingly as level 3 .\nthe following table details further information on our plan assets where we have used significant unobservable inputs ( level 3 ) : .\n\nTable Data:\n[['( in millions )', 'level 3'], ['balance as of december 31 2016', '$ 11'], ['purchases', '28'], ['distributions', '-1 ( 1 )'], ['gain ( loss )', '1'], ['balance as of december 31 2017', '$ 39']]\n\nFollowing Text:\npension trusts 2019 asset allocations there are two pension trusts , one in the u.s .\nand one in the u.k .\nthe u.s .\npension trust had assets of $ 1739 a0 million and $ 1632 a0million as of december a031 , 2017 and 2016 respectively , and the target allocations in 2017 include 68% ( 68 % ) fixed income , 27% ( 27 % ) domestic equities and 5% ( 5 % ) international equities .\nthe u.k .\npension trust had assets of $ 480 a0 million and $ 441 a0 million as of december a0 31 , 2017 and 2016 , respec- tively , and the target allocations in 2017 include 40% ( 40 % ) fixed income , 30% ( 30 % ) diversified growth funds , 20% ( 20 % ) equities and 10% ( 10 % ) real estate .\nthe pension assets are invested with the goal of producing a combination of capital growth , income and a liability hedge .\nthe mix of assets is established after consideration of the long- term performance and risk characteristics of asset classes .\ninvestments are selected based on their potential to enhance returns , preserve capital and reduce overall volatility .\nholdings are diversified within each asset class .\nthe portfolios employ a mix of index and actively managed equity strategies by market capitalization , style , geographic regions and economic sec- tors .\nthe fixed income strategies include u.s .\nlong duration securities , opportunistic fixed income securities and u.k .\ndebt instruments .\nthe short-term portfolio , whose primary goal is capital preservation for liquidity purposes , is composed of gov- ernment and government- agency securities , uninvested cash , receivables and payables .\nthe portfolios do not employ any financial leverage .\nu.s .\ndefined contribution plans assets of the defined contribution plans in the u.s .\nconsist pri- marily of investment options which include actively managed equity , indexed equity , actively managed equity/bond funds , target date funds , s&p global inc .\ncommon stock , stable value and money market strategies .\nthere is also a self- directed mutual fund investment option .\nthe plans purchased 228248 shares and sold 297750 shares of s&p global inc .\ncommon stock in 2017 and purchased 216035 shares and sold 437283 shares of s&p global inc .\ncommon stock in 2016 .\nthe plans held approximately 1.5 a0million shares of s&p global inc .\ncom- mon stock as of december a031 , 2017 and 1.6 a0million shares as of december a031 , 2016 , with market values of $ 255 a0million and $ 171 a0million , respectively .\nthe plans received dividends on s&p global inc .\ncommon stock of $ 3 a0million and $ 2 a0million during the years ended december a031 , 2017 and december a031 , 2016 respectively .\n8 .\nstock-based compensation we issue stock-based incentive awards to our eligible employ- ees and directors under the 2002 employee stock incentive plan and a director deferred stock ownership plan .\n2002 employee stock incentive plan ( the 201c2002 plan 201d ) 2014 the 2002 plan permits the granting of nonquali- fied stock options , stock appreciation rights , performance stock , restricted stock and other stock-based awards .\ndirector deferred stock ownership plan 2014 under this plan , common stock reserved may be credited to deferred stock accounts for eligible directors .\nin general , the plan requires that 50% ( 50 % ) of eligible directors 2019 annual com- pensation plus dividend equivalents be credited to deferred stock accounts .\neach director may also elect to defer all or a portion of the remaining compensation and have an equiva- lent number of shares credited to the deferred stock account .\nrecipients under this plan are not required to provide con- sideration to us other than rendering service .\nshares will be delivered as of the date a recipient ceases to be a member of the board of directors or within five years thereafter , if so elected .\nthe plan will remain in effect until terminated by the board of directors or until no shares of stock remain avail- able under the plan .\ns&p global 2017 annual report 71 .\n\nQuestion: as part of plan assets what was the percent of the purchases on the total account balance",
        "solution": "71.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GIS/2019/page_104.pdf\n\nID: GIS/2019/page_104.pdf-2\n\nPrevious Text:\nas of may 26 , 2019 , we expect to pay approximately $ 2.0 million of unrecognized tax benefit liabilities and accrued interest within the next 12 months .\nwe are not able to reasonably estimate the timing of future cash flows beyond 12 months due to uncertainties in the timing of tax audit outcomes .\nthe remaining amount of our unrecognized tax liability was classified in other liabilities .\nwe report accrued interest and penalties related to unrecognized tax benefit liabilities in income tax expense .\nfor fiscal 2019 , we recognized $ 0.5 million of tax-related net interest and penalties , and had $ 26.0 million of accrued interest and penalties as of may 26 , 2019 .\nfor fiscal 2018 , we recognized a net benefit of $ 3.1 million of tax-related net interest and penalties , and had $ 27.3 million of accrued interest and penalties as of may 27 , 2018 .\nnote 15 .\nleases , other commitments , and contingencies our leases are generally for warehouse space and equipment .\nrent expense under all operating leases from continuing operations was $ 184.9 million in fiscal 2019 , $ 189.4 million in fiscal 2018 , and $ 188.1 million in fiscal 2017 .\nsome operating leases require payment of property taxes , insurance , and maintenance costs in addition to the rent payments .\ncontingent and escalation rent in excess of minimum rent payments and sublease income netted in rent expense were insignificant .\nnoncancelable future lease commitments are : in millions operating leases capital leases .\n\nTable Data:\n[['in millions', 'operating leases', 'capital leases'], ['fiscal 2020', '$ 120.0', '$ 0.2'], ['fiscal 2021', '101.7', '0.1'], ['fiscal 2022', '85.0', '-'], ['fiscal 2023', '63.8', '-'], ['fiscal 2024', '49.1', '-'], ['after fiscal 2024', '63.0', '-'], ['total noncancelable future lease commitments', '$ 482.6', '$ 0.3'], ['less : interest', '', '-'], ['present value of obligations under capitalleases', '', '$ 0.3']]\n\nFollowing Text:\ndepreciation on capital leases is recorded as depreciation expense in our results of operations .\nas of may 26 , 2019 , we have issued guarantees and comfort letters of $ 681.6 million for the debt and other obligations of consolidated subsidiaries , and guarantees and comfort letters of $ 133.9 million for the debt and other obligations of non-consolidated affiliates , mainly cpw .\nin addition , off-balance sheet arrangements are generally limited to the future payments under non-cancelable operating leases , which totaled $ 482.6 million as of may 26 , 2019 .\nnote 16 .\nbusiness segment and geographic information we operate in the packaged foods industry .\nour operating segments are as follows : north america retail ; convenience stores & foodservice ; europe & australia ; asia & latin america ; and pet .\nour north america retail operating segment reflects business with a wide variety of grocery stores , mass merchandisers , membership stores , natural food chains , drug , dollar and discount chains , and e-commerce grocery providers .\nour product categories in this business segment are ready-to-eat cereals , refrigerated yogurt , soup , meal kits , refrigerated and frozen dough products , dessert and baking mixes , frozen pizza and pizza snacks , grain , fruit and savory snacks , and a wide variety of organic products including refrigerated yogurt , nutrition bars , meal kits , salty snacks , ready-to-eat cereal , and grain snacks. .\n\nQuestion: in 2019 what was the percent of the total noncancelable future lease commitments that was due in 2021",
        "solution": "21.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VTR/2007/page_97.pdf\n\nID: VTR/2007/page_97.pdf-4\n\nPrevious Text:\nventas , inc .\nnotes to consolidated financial statements 2014 ( continued ) applicable indenture .\nthe issuers may also redeem the 2015 senior notes , in whole at any time or in part from time to time , on or after june 1 , 2010 at varying redemption prices set forth in the applicable indenture , plus accrued and unpaid interest thereon to the redemption date .\nin addition , at any time prior to june 1 , 2008 , the issuers may redeem up to 35% ( 35 % ) of the aggregate principal amount of either or both of the 2010 senior notes and 2015 senior notes with the net cash proceeds from certain equity offerings at redemption prices equal to 106.750% ( 106.750 % ) and 107.125% ( 107.125 % ) , respectively , of the principal amount thereof , plus , in each case , accrued and unpaid interest thereon to the redemption date .\nthe issuers may redeem the 2014 senior notes , in whole at any time or in part from time to time , ( i ) prior to october 15 , 2009 at a redemption price equal to 100% ( 100 % ) of the principal amount thereof , plus a make-whole premium as described in the applicable indenture and ( ii ) on or after october 15 , 2009 at varying redemption prices set forth in the applicable indenture , plus , in each case , accrued and unpaid interest thereon to the redemption date .\nthe issuers may redeem the 2009 senior notes and the 2012 senior notes , in whole at any time or in part from time to time , at a redemption price equal to 100% ( 100 % ) of the principal amount thereof , plus accrued and unpaid interest thereon to the redemption date and a make-whole premium as described in the applicable indenture .\nif we experience certain kinds of changes of control , the issuers must make an offer to repurchase the senior notes , in whole or in part , at a purchase price in cash equal to 101% ( 101 % ) of the principal amount of the senior notes , plus any accrued and unpaid interest to the date of purchase ; provided , however , that in the event moody 2019s and s&p have confirmed their ratings at ba3 or higher and bb- or higher on the senior notes and certain other conditions are met , this repurchase obligation will not apply .\nmortgages at december 31 , 2007 , we had outstanding 121 mortgage loans totaling $ 1.57 billion that are collateralized by the underlying assets of the properties .\noutstanding principal balances on these loans ranged from $ 0.4 million to $ 59.4 million as of december 31 , 2007 .\nthe loans generally bear interest at fixed rates ranging from 5.4% ( 5.4 % ) to 8.5% ( 8.5 % ) per annum , except for 15 loans with outstanding principal balances ranging from $ 0.4 million to $ 32.0 million , which bear interest at the lender 2019s variable rates ranging from 3.4% ( 3.4 % ) to 7.3% ( 7.3 % ) per annum as of december 31 , 2007 .\nat december 31 , 2007 , the weighted average annual rate on fixed rate debt was 6.5% ( 6.5 % ) and the weighted average annual rate on the variable rate debt was 6.1% ( 6.1 % ) .\nthe loans had a weighted average maturity of 7.0 years as of december 31 , 2007 .\nsunrise 2019s portion of total debt was $ 157.1 million as of december 31 , scheduled maturities of borrowing arrangements and other provisions as of december 31 , 2007 , our indebtedness had the following maturities ( in thousands ) : .\n\nTable Data:\n[['2008', '$ 193101'], ['2009', '605762'], ['2010', '282138'], ['2011', '303191'], ['2012', '527221'], ['thereafter', '1436263'], ['total maturities', '3347676'], ['unamortized fair value adjustment', '19669'], ['unamortized commission fees and discounts', '-6846 ( 6846 )'], ['senior notes payable and other debt', '$ 3360499']]\n\nFollowing Text:\n.\n\nQuestion: what was the growth rate of maturities from 2008 to 2009",
        "solution": "214%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2013/page_41.pdf\n\nID: AAPL/2013/page_41.pdf-2\n\nPrevious Text:\ntable of contents the following table presents certain payments due by the company under contractual obligations with minimum firm commitments as of september 28 , 2013 and excludes amounts already recorded on the consolidated balance sheet , except for long-term debt ( in millions ) : lease commitments the company 2019s major facility leases are typically for terms not exceeding 10 years and generally provide renewal options for terms not exceeding five additional years .\nleases 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 .\nas of september 28 , 2013 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 4.7 billion , of which $ 3.5 billion related to leases for retail space .\npurchase commitments with outsourcing partners and component suppliers 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 .\nthese outsourcing partners acquire components and build product based on demand information supplied by the company , which typically covers periods up to 150 days .\nthe company also obtains individual components for its products from a wide variety of individual suppliers .\nconsistent with industry practice , the company acquires components through a combination of purchase orders , supplier contracts , and open orders based on projected demand information .\nwhere appropriate , the purchases are applied to inventory component prepayments that are outstanding with the respective supplier .\nas of september 28 , 2013 , the company had outstanding off-balance sheet third- party manufacturing commitments and component purchase commitments of $ 18.6 billion .\nother obligations in addition to the off-balance sheet commitments mentioned above , the company had outstanding obligations of $ 1.3 billion as of september 28 , 2013 , that consisted mainly of commitments to acquire capital assets , including product tooling and manufacturing process equipment , and commitments related to advertising , research and development , internet and telecommunications services and other obligations .\nthe company 2019s other non-current liabilities in the consolidated balance sheets consist primarily of deferred tax liabilities , gross unrecognized tax benefits and the related gross interest and penalties .\nas of september 28 , 2013 , the company had non-current deferred tax liabilities of $ 16.5 billion .\nadditionally , as of september 28 , 2013 , the company had gross unrecognized tax benefits of $ 2.7 billion and an additional $ 590 million for gross interest and penalties classified as non-current liabilities .\nat this time , the company is unable to make a reasonably reliable estimate of the timing of payments in individual years in connection with these tax liabilities ; therefore , such amounts are not included in the above contractual obligation table .\nindemnification the company generally does not indemnify end-users of its operating system and application software against legal claims that the software infringes third-party intellectual property rights .\nother agreements entered into by payments due in than 1 payments due in payments due in payments due in than 5 years total .\n\nTable Data:\n[['', 'payments due in less than1 year', 'payments due in 1-3 years', 'payments due in 4-5 years', 'payments due in more than5 years', 'total'], ['long-term debt', '$ 0', '$ 2500', '$ 6000', '$ 8500', '$ 17000'], ['operating leases', '610', '1200', '1056', '1855', '4721'], ['purchase obligations', '18616', '0', '0', '0', '18616'], ['other obligations', '1081', '248', '16', '3', '1348'], ['total', '$ 20307', '$ 3948', '$ 7072', '$ 10358', '$ 41685']]\n\nFollowing Text:\n.\n\nQuestion: what percentage of certain payments due by the company under contractual obligations consisted of purchase obligations?",
        "solution": "44.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2018/page_23.pdf\n\nID: AAPL/2018/page_23.pdf-3\n\nPrevious Text:\napple inc .\n| 2018 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend-reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index for the five years ended september 29 , 2018 .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index as of the market close on september 27 , 2013 .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\n* $ 100 invested on september 27 , 2013 in stock or index , including reinvestment of dividends .\ndata points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes .\ncopyright a9 2018 standard & poor 2019s , a division of s&p global .\nall rights reserved .\ncopyright a9 2018 s&p dow jones indices llc , a division of s&p global .\nall rights reserved .\nseptember september september september september september .\n\nTable Data:\n[['', 'september2013', 'september2014', 'september2015', 'september2016', 'september2017', 'september2018'], ['apple inc .', '$ 100', '$ 149', '$ 173', '$ 174', '$ 242', '$ 359'], ['s&p 500 index', '$ 100', '$ 120', '$ 119', '$ 137', '$ 163', '$ 192'], ['s&p information technology index', '$ 100', '$ 129', '$ 132', '$ 162', '$ 209', '$ 275'], ['dow jones u.s . technology supersector index', '$ 100', '$ 130', '$ 130', '$ 159', '$ 203', '$ 266']]\n\nFollowing Text:\n.\n\nQuestion: did apple outperform ( earn a greater return ) than the s&p information technology index in september 2018?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WMT/2018/page_46.pdf\n\nID: WMT/2018/page_46.pdf-3\n\nPrevious Text:\ncontinued investments in ecommerce and technology .\nthe 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 .\nmembership 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 .\nwhile 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 .\nfiscal 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 .\nfor 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 .\nour effective income tax rate was 30.4% ( 30.4 % ) for fiscal 2018 and 30.3% ( 30.3 % ) for both fiscal 2017 and 2016 .\nalthough 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 .\noperations and international operations .\nthe reconciliation from the u.s .\nstatutory 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 .\nas 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 .\ndiluted net income per common share attributable to walmart ( \"eps\" ) was $ 3.28 and $ 4.38 for fiscal 2018 and 2017 , respectively .\nwalmart u.s .\nsegment .\n\nTable Data:\n[['( 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']]\n\nFollowing Text:\nnet sales for the walmart u.s .\nsegment 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 .\nthe 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 .\nadditionally , for fiscal 2018 , sales generated from ecommerce acquisitions further contributed to the year-over-year increase .\ngross profit rate decreased 24 basis points for fiscal 2018 and increased 24 basis points for fiscal 2017 , when compared to the previous fiscal year .\nfor fiscal 2018 , the decrease was primarily due to strategic price investments and the mix impact from ecommerce .\npartially offsetting the negative factors for fiscal 2018 was the positive impact of savings from procuring merchandise .\nfor 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 .\noperating 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 .\nfiscal 2018 and fiscal 2017 included charges related to discontinued real estate projects of $ 244 million and $ 249 million , respectively .\nfor 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 .\nthe 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 .\nas 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. .\n\nQuestion: what was the percentage change in net sales from 2017 to 2018",
        "solution": "3.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2007/page_39.pdf\n\nID: GPN/2007/page_39.pdf-1\n\nPrevious Text:\nstock performance graph the following line-graph presentation compares our cumulative shareholder returns with the standard & poor 2019s information technology index and the standard & poor 2019s 500 stock index for the past five years .\nthe line graph assumes the investment of $ 100 in our common stock , the standard & poor 2019s information technology index , and the standard & poor 2019s 500 stock index on may 31 , 2002 and assumes reinvestment of all dividends .\ncomparison of 5 year cumulative total return* among global payments inc. , the s&p 500 index and the s&p information technology index 5/02 5/03 5/04 5/05 5/06 5/07 global payments inc .\ns&p 500 s&p information technology * $ 100 invested on 5/31/02 in stock or index-including reinvestment of dividends .\nfiscal year ending may 31 .\nglobal payments s&p 500 information technology .\n\nTable Data:\n[['', 'global payments', 's&p 500', 's&p information technology'], ['may 31 2002', '$ 100.00', '$ 100.00', '$ 100.00'], ['may 31 2003', '94.20', '91.94', '94.48'], ['may 31 2004', '129.77', '108.79', '115.24'], ['may 31 2005', '193.30', '117.75', '116.29'], ['may 31 2006', '260.35', '127.92', '117.14'], ['may 31 2007', '224.24', '157.08', '144.11']]\n\nFollowing Text:\nissuer purchases of equity securities on april 5 , 2007 , our board of directors authorized repurchases of our common stock in an amount up to $ 100 million .\nthe board has authorized us to purchase shares from time to time as market conditions permit .\nthere is no expiration date with respect to this authorization .\nno amounts have been repurchased during the fiscal year ended may 31 , 2007. .\n\nQuestion: what will be the rate of return for global payments from 2002 to 2003?",
        "solution": "-5.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VLO/2016/page_23.pdf\n\nID: VLO/2016/page_23.pdf-2\n\nPrevious Text:\ntable of contents the following table discloses purchases of shares of our common stock made by us or on our behalf during the fourth quarter of 2016 .\nperiod total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .\n\nTable Data:\n[['period', 'total numberof sharespurchased', 'averageprice paidper share', 'total number ofshares notpurchased as part ofpublicly announcedplans or programs ( a )', 'total number ofshares purchased aspart of publiclyannounced plans orprograms', 'approximate dollarvalue of shares thatmay yet be purchasedunder the plans orprograms ( b )'], ['october 2016', '433272', '$ 52.69', '50337', '382935', '$ 2.7 billion'], ['november 2016', '667644', '$ 62.25', '248349', '419295', '$ 2.6 billion'], ['december 2016', '1559569', '$ 66.09', '688', '1558881', '$ 2.5 billion'], ['total', '2660485', '$ 62.95', '299374', '2361111', '$ 2.5 billion']]\n\nFollowing Text:\n( a ) the shares reported in this column represent purchases settled in the fourth quarter of 2016 relating to ( i ) our purchases of shares in open-market transactions to meet our obligations under stock-based compensation plans , and ( ii ) our purchases of shares from our employees and non-employee directors in connection with the exercise of stock options , the vesting of restricted stock , and other stock compensation transactions in accordance with the terms of our stock-based compensation plans .\n( b ) on july 13 , 2015 , we announced that our board of directors authorized our purchase of up to $ 2.5 billion of our outstanding common stock .\nthis authorization has no expiration date .\nas of december 31 , 2016 , the approximate dollar value of shares that may yet be purchased under the 2015 authorization is $ 40 million .\non september 21 , 2016 , we announced that our board of directors authorized our purchase of up to an additional $ 2.5 billion of our outstanding common stock with no expiration date .\nas of december 31 , 2016 , no purchases have been made under the 2016 authorization. .\n\nQuestion: as of december 31 , 2016 what was the percent of the shares outstanding of the 2015 program yet to be purchased",
        "solution": "1.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: REGN/2010/page_68.pdf\n\nID: REGN/2010/page_68.pdf-2\n\nPrevious Text:\nselling , general , and administrative expenses selling , general , and administrative expenses increased to $ 65.2 million in 2010 from $ 52.9 million in 2009 due primarily to increases in compensation expense and recruitment costs , principally in connection with higher headcount in 2010 , and an increase in non-cash compensation expense for the reasons described above .\ncost of goods sold cost of goods sold in 2010 and 2009 was $ 2.1 million and $ 1.7 million , respectively , and consisted primarily of royalties and other period costs related to arcalyst ae commercial supplies .\nto date , arcalyst ae shipments to our customers have primarily consisted of supplies of inventory manufactured and expensed as research and development costs prior to fda approval in 2008 ; therefore , the costs of these supplies were not included in costs of goods sold .\nother income and expense investment income decreased to $ 2.1 million in 2010 from $ 4.5 million in 2009 , due primarily to lower yields on , and lower average balances of , cash and marketable securities .\ninterest expense increased to $ 9.1 million in 2010 from $ 2.3 million in 2009 .\ninterest expense is primarily attributable to the imputed interest portion of payments to our landlord , commencing in the third quarter of 2009 , to lease newly constructed laboratory and office facilities in tarrytown , new york .\nincome tax expense ( benefit ) in 2010 , we did not recognize any income tax expense or benefit .\nin 2009 , we recognized a $ 4.1 million income tax benefit , consisting primarily of ( i ) $ 2.7 million resulting from a provision in the worker , homeownership , and business assistance act of 2009 that allowed us to claim a refund of u.s .\nfederal alternative minimum tax that we paid in 2008 , and ( ii ) $ 0.7 million resulting from a provision in the american recovery and reinvestment act of 2009 that allowed us to claim a refund for a portion of our unused pre-2006 research tax credits .\nyears ended december 31 , 2009 and 2008 net loss regeneron reported a net loss of $ 67.8 million , or $ 0.85 per share ( basic and diluted ) , for the year ended december 31 , 2009 , compared to a net loss of $ 79.1 million , or $ 1.00 per share ( basic and diluted ) for 2008 .\nthe decrease in our net loss in 2009 was principally due to higher collaboration revenue in connection with our antibody collaboration with sanofi-aventis , receipt of a $ 20.0 million substantive performance milestone payment in connection with our vegf trap-eye collaboration with bayer healthcare , and higher arcalyst ae sales , partly offset by higher research and development expenses , as detailed below .\nrevenues revenues in 2009 and 2008 consist of the following: .\n\nTable Data:\n[['( in millions )', '2009', '2008'], ['collaboration revenue', '', ''], ['sanofi-aventis', '$ 247.2', '$ 154.0'], ['bayer healthcare', '67.3', '31.2'], ['total collaboration revenue', '314.5', '185.2'], ['technology licensing revenue', '40.0', '40.0'], ['net product sales', '18.4', '6.3'], ['contract research and other revenue', '6.4', '7.0'], ['total revenue', '$ 379.3', '$ 238.5']]\n\nFollowing Text:\n.\n\nQuestion: what percentage of total revenue was bayer healthcare in 2009?",
        "solution": "18%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2013/page_71.pdf\n\nID: GPN/2013/page_71.pdf-2\n\nPrevious Text:\nour initial estimate of fraud losses , fines and other charges on our understanding of the rules and operating regulations published by the networks and preliminary communications with the networks .\nwe have now reached resolution with and made payments to the networks , resulting in charges that were less than our initial estimates .\nthe primary difference between our initial estimates and the final charges relates to lower fraud related costs attributed to this event than previously expected .\nthe following table reflects the activity in our accrual for fraud losses , fines and other charges for the twelve months ended may 31 , 2013 ( in thousands ) : .\n\nTable Data:\n[['balance at may 31 2012', '$ 67436'], ['adjustments', '-31781 ( 31781 )'], ['subtotal', '35655'], ['payments', '-35655 ( 35655 )'], ['balance at may 31 2013', '$ 2014']]\n\nFollowing Text:\nwe were insured under policies that provided coverage of certain costs associated with this event .\nthe policies provided a total of $ 30.0 million in policy limits and contained various sub-limits of liability and other terms , conditions and limitations , including a $ 1.0 million deductible per claim .\nas of fiscal year 2013 , we received assessments from certain networks and submitted additional claims to the insurers and recorded $ 20.0 million in additional insurance recoveries based on our negotiations with our insurers .\nwe will record receivables for any additional recoveries in the periods in which we determine such recovery is probable and the amount can be reasonably estimated .\na class action arising out of the processing system intrusion was filed against us on april 4 , 2012 by natalie willingham ( individually and on behalf of a putative nationwide class ) ( the 201cplaintiff 201d ) .\nspecifically , ms .\nwillingham alleged that we failed to maintain reasonable and adequate procedures to protect her personally identifiable information ( 201cpii 201d ) which she claims resulted in two fraudulent charges on her credit card in march 2012 .\nfurther , ms .\nwillingham asserted that we failed to timely notify the public of the data breach .\nbased on these allegations , ms .\nwillingham asserted claims for negligence , violation of the federal stored communications act , willful violation of the fair credit reporting act , negligent violation of the fair credit reporting act , violation of georgia 2019s unfair and deceptive trade practices act , negligence per se , breach of third-party beneficiary contract , and breach of implied contract .\nms .\nwillingham sought an unspecified amount of damages and injunctive relief .\nthe lawsuit was filed in the united states district court for the northern district of georgia .\non may 14 , 2012 , we filed a motion to dismiss .\non july 11 , 2012 , plaintiff filed a motion for leave to amend her complaint , and on july 16 , 2012 , the court granted that motion .\nshe then filed an amended complaint on july 16 , 2012 .\nthe amended complaint did not add any new causes of action .\ninstead , it added two new named plaintiffs ( nadine and robert hielscher ) ( together with plaintiff , the 201cplaintiffs 201d ) and dropped plaintiff 2019s claim for negligence per se .\non august 16 , 2012 , we filed a motion to dismiss the plaintiffs 2019 amended complaint .\nthe plaintiffs filed their response in opposition to our motion to dismiss on october 5 , 2012 , and we subsequently filed our reply brief on october 22 , 2012 .\nthe magistrate judge issued a report and recommendation recommending dismissal of all of plaintiffs 2019 claims with prejudice .\nthe plaintiffs subsequently agreed to voluntarily dismiss the lawsuit with prejudice , with each party bearing its own fees and costs .\nthis was the only consideration exchanged by the parties in connection with plaintiffs 2019 voluntary dismissal with prejudice of the lawsuit .\nthe lawsuit was dismissed with prejudice on march 6 , 2013 .\nnote 3 2014settlement processing assets and obligations we are designated as a merchant service provider by mastercard and an independent sales organization by visa .\nthese designations are dependent upon member clearing banks ( 201cmember 201d ) sponsoring us and our adherence to the standards of the networks .\nwe have primary financial institution sponsors in the various markets where we facilitate payment transactions with whom we have sponsorship or depository and clearing agreements .\nthese agreements allow us to route transactions under the member banks 2019 control and identification numbers to clear credit card transactions through mastercard and visa .\nin certain markets , we are members in various payment networks , allowing us to process and fund transactions without third-party sponsorship. .\n\nQuestion: what portion of the beginning balance of accrual for fraud losses is regulated through adjustments?",
        "solution": "47.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2015/page_83.pdf\n\nID: JPM/2015/page_83.pdf-1\n\nPrevious Text:\njpmorgan chase & co./2015 annual report 73 in advisory fees was driven by the combined impact of a greater share of fees for completed transactions , and growth in industry-wide fees .\nthe increase in equity underwriting fees was driven by higher industry-wide issuance .\nthe decrease in debt underwriting fees was primarily related to lower bond underwriting fees compared with the prior year , and lower loan syndication fees on lower industry-wide fees .\nprincipal transactions revenue increased as the prior year included a $ 1.5 billion loss related to the implementation of the funding valuation adjustment ( 201cfva 201d ) framework for over-the-counter ( 201cotc 201d ) derivatives and structured notes .\nprivate equity gains increased as a result of higher net gains on sales .\nthese increases were partially offset by lower fixed income markets revenue in cib , primarily driven by credit-related and rates products , as well as the impact of business simplification initiatives .\nlending- and deposit-related fees decreased compared with the prior year , reflecting the impact of business simplification initiatives and lower trade finance revenue in cib .\nasset management , administration and commissions revenue increased compared with the prior year , reflecting higher asset management fees driven by net client inflows and higher market levels in am and ccb .\nthe increase was offset partially by lower commissions and other fee revenue in ccb as a result of the exit of a non-core product in 2013 .\nsecurities gains decreased compared with the prior year , reflecting lower repositioning activity related to the firm 2019s investment securities portfolio .\nmortgage fees and related income decreased compared with the prior year , predominantly due to lower net production revenue driven by lower volumes due to higher mortgage interest rates , and tighter margins .\nthe decline in net production revenue was partially offset by a lower loss on the risk management of mortgage servicing rights ( 201cmsrs 201d ) .\ncard income was relatively flat compared with the prior year , but included higher net interchange income due to growth in credit and debit card sales volume , offset by higher amortization of new account origination costs .\nother income decreased from the prior year , predominantly from the absence of two significant items recorded in corporate in 2013 : gains of $ 1.3 billion and $ 493 million from sales of visa shares and one chase manhattan plaza , respectively .\nlower valuations of seed capital investments in am and losses related to the exit of non-core portfolios in card also contributed to the decrease .\nthese items were partially offset by higher auto lease income as a result of growth in auto lease volume , and a benefit from a tax settlement .\nnet interest income increased slightly from the prior year , predominantly reflecting higher yields on investment securities , the impact of lower interest expense from lower rates , and higher average loan balances .\nthe increase was partially offset by lower yields on loans due to the run-off of higher-yielding loans and new originations of lower-yielding loans , and lower average interest-earning trading asset balances .\nthe firm 2019s average interest-earning assets were $ 2.0 trillion , and the net interest yield on these assets , on a fte basis , was 2.18% ( 2.18 % ) , a decrease of 5 basis points from the prior year .\nprovision for credit losses year ended december 31 .\n\nTable Data:\n[['( in millions )', '2015', '2014', '2013'], ['consumer excluding credit card', '$ -81 ( 81 )', '$ 419', '$ -1871 ( 1871 )'], ['credit card', '3122', '3079', '2179'], ['total consumer', '3041', '3498', '308'], ['wholesale', '786', '-359 ( 359 )', '-83 ( 83 )'], ['total provision for credit losses', '$ 3827', '$ 3139', '$ 225']]\n\nFollowing Text:\n2015 compared with 2014 the provision for credit losses increased from the prior year as a result of an increase in the wholesale provision , largely reflecting the impact of downgrades in the oil & gas portfolio .\nthe increase was partially offset by a decrease in the consumer provision , reflecting lower net charge-offs due to continued discipline in credit underwriting , as well as improvement in the economy driven by increasing home prices and lower unemployment levels .\nthe increase was partially offset by a lower reduction in the allowance for loan losses .\nfor a more detailed discussion of the credit portfolio and the allowance for credit losses , see the segment discussions of ccb on pages 85 201393 , cb on pages 99 2013101 , and the allowance for credit losses on pages 130 2013132 .\n2014 compared with 2013 the provision for credit losses increased by $ 2.9 billion from the prior year as result of a lower benefit from reductions in the consumer allowance for loan losses , partially offset by lower net charge-offs .\nthe consumer allowance reduction in 2014 was primarily related to the consumer , excluding credit card , portfolio and reflected the continued improvement in home prices and delinquencies in the residential real estate portfolio .\nthe wholesale provision reflected a continued favorable credit environment. .\n\nQuestion: without the wholesale provision in 2015 , what would the total loan loss provision have been?",
        "solution": "3041"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2018/page_129.pdf\n\nID: HUM/2018/page_129.pdf-3\n\nPrevious Text:\nhumana inc .\nnotes to consolidated financial statements 2014 ( continued ) 15 .\nstockholders 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 ) .\n\nTable Data:\n[['paymentdate', 'amountper share', 'totalamount ( in millions )'], ['2016', '$ 1.16', '$ 172'], ['2017', '$ 1.49', '$ 216'], ['2018', '$ 1.90', '$ 262']]\n\nFollowing Text:\non 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 .\ndeclaration and payment of future quarterly dividends is at the discretion of our board and may be adjusted as business needs or market conditions change .\nin 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 .\nstock repurchases our board of directors may authorize the purchase of our common shares .\nunder 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 .\non 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 .\non february 16 , 2017 , we entered into an accelerated share repurchase agreement , the february 2017 asr , with goldman , sachs & co .\nllc , 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 .\non 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 .\nthe 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 .\nupon 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 .\nin 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 .\nsubsequent 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 .\non 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. .\n\nQuestion: on november 2 , 2018 , what was the amount of shares in millions used the calculation of the total dividend payout",
        "solution": "136"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RL/2014/page_13.pdf\n\nID: RL/2014/page_13.pdf-1\n\nPrevious Text:\nwe operated the following factory stores as of march 29 , 2014: .\n\nTable Data:\n[['location', 'factory stores'], ['the americas', '150'], ['europe', '50'], ['asia ( a )', '35'], ['total', '235']]\n\nFollowing Text:\n( a ) includes australia , china , hong kong , japan , malaysia , south korea , and taiwan .\nour factory stores in the americas offer selections of our menswear , womenswear , childrenswear , accessories , home furnishings , and fragrances .\nranging in size from approximately 2700 to 20000 square feet , with an average of approximately 10400 square feet , these stores are principally located in major outlet centers in 40 states in the u.s. , canada , and puerto rico .\nour factory stores in europe offer selections of our menswear , womenswear , childrenswear , accessories , home furnishings , and fragrances .\nranging in size from approximately 1400 to 19700 square feet , with an average of approximately 7000 square feet , these stores are located in 12 countries , principally in major outlet centers .\nour factory stores in asia offer selections of our menswear , womenswear , childrenswear , accessories , and fragrances .\nranging in size from approximately 1100 to 11800 square feet , with an average of approximately 6200 square feet , these stores are primarily located throughout china and japan , in hong kong , and in or near other major cities in asia and australia .\nour factory stores are principally located in major outlet centers .\nfactory stores obtain products from our suppliers , our product licensing partners , and our other retail stores and e-commerce operations , and also serve as a secondary distribution channel for our excess and out-of-season products .\nconcession-based shop-within-shops the terms of trade for shop-within-shops are largely conducted on a concession basis , whereby inventory continues to be owned by us ( not the department store ) until ultimate sale to the end consumer .\nthe salespeople involved in the sales transactions are generally our employees and not those of the department store .\nas of march 29 , 2014 , we had 503 concession-based shop-within-shops at 243 retail locations dedicated to our products , which were located in asia , australia , new zealand , and europe .\nthe size of our concession-based shop-within-shops ranges from approximately 140 to 7400 square feet .\nwe may share in the cost of building-out certain of these shop-within-shops with our department store partners .\ne-commerce websites in addition to our stores , our retail segment sells products online through our e-commerce channel , which includes : 2022 our north american e-commerce sites located at www.ralphlauren.com and www.clubmonaco.com , as well as our club monaco site in canada located at www.clubmonaco.ca ; 2022 our ralph lauren e-commerce sites in europe , including www.ralphlauren.co.uk ( servicing the united kingdom ) , www.ralphlauren.fr ( servicing belgium , france , italy , luxembourg , the netherlands , portugal , and spain ) , and www.ralphlauren.de ( servicing germany and austria ) ; and 2022 our ralph lauren e-commerce sites in asia , including www.ralphlauren.co.jp servicing japan and www.ralphlauren.co.kr servicing south korea .\nour ralph lauren e-commerce sites in the u.s. , europe , and asia offer our customers access to a broad array of ralph lauren , rrl , polo , and denim & supply apparel , accessories , fragrance , and home products , and reinforce the luxury image of our brands .\nwhile investing in e-commerce operations remains a primary focus , it is an extension of our investment in the integrated omni-channel strategy used to operate our overall retail business , in which our e-commerce operations are interdependent with our physical stores .\nour club monaco e-commerce sites in the u.s .\nand canada offer our domestic and canadian customers access to our club monaco global assortment of womenswear , menswear , and accessories product lines , as well as select online exclusives. .\n\nQuestion: what percentage of factory stores as of march 29 , 2014 are in the americas?",
        "solution": "64%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNA/2013/page_111.pdf\n\nID: SNA/2013/page_111.pdf-4\n\nPrevious Text:\nthe fair value of performance awards is calculated using the market value of a share of snap-on 2019s common stock on the date of grant .\nthe weighted-average grant date fair value of performance awards granted during 2013 , 2012 and 2011 was $ 77.33 , $ 60.00 and $ 55.97 , respectively .\nvested performance share units approximated 148000 shares as of 2013 year end , 213000 shares as of 2012 year end and 54208 shares as of 2011 year end .\nperformance share units of 213459 shares were paid out in 2013 and 53990 shares were paid out in 2012 ; no performance share units were paid out in 2011 .\nearned performance share units are generally paid out following the conclusion of the applicable performance period upon approval by the organization and executive compensation committee of the company 2019s board of directors ( the 201cboard 201d ) .\nbased on the company 2019s 2013 performance , 84413 rsus granted in 2013 were earned ; assuming continued employment , these rsus will vest at the end of fiscal 2015 .\nbased on the company 2019s 2012 performance , 95047 rsus granted in 2012 were earned ; assuming continued employment , these rsus will vest at the end of fiscal 2014 .\nbased on the company 2019s 2011 performance , 159970 rsus granted in 2011 were earned ; these rsus vested as of fiscal 2013 year end and were paid out shortly thereafter .\nas a result of employee retirements , a total of 1614 of the rsus earned in 2012 and 2011 vested pursuant to the terms of the related award agreements and the underlying shares were paid out in the third quarter of 2013 .\nthe changes to the company 2019s non-vested performance awards in 2013 are as follows : shares ( in thousands ) fair value price per share* .\n\nTable Data:\n[['', 'shares ( in thousands )', 'fair valueprice pershare*'], ['non-vested performance awards at beginning of year', '509', '$ 59.36'], ['granted', '180', '77.33'], ['vested', '-306 ( 306 )', '58.94'], ['cancellations', '-2 ( 2 )', '69.23'], ['non-vested performance awards at end of year', '381', '68.13']]\n\nFollowing Text:\n* weighted-average as of 2013 year end there was approximately $ 12.9 million of unrecognized compensation cost related to non-vested performance awards that is expected to be recognized as a charge to earnings over a weighted-average period of 1.6 years .\nstock appreciation rights ( 201csars 201d ) the company also issues cash-settled and stock-settled sars to certain key non-u.s .\nemployees .\nsars have a contractual term of ten years and vest ratably on the first , second and third anniversaries of the date of grant .\nsars are granted with an exercise price equal to the market value of a share of snap-on 2019s common stock on the date of grant .\ncash-settled sars provide for the cash payment of the excess of the fair market value of snap-on 2019s common stock price on the date of exercise over the grant price .\ncash-settled sars have no effect on dilutive shares or shares outstanding as any appreciation of snap-on 2019s common stock value over the grant price is paid in cash and not in common stock .\nin 2013 , the company began issuing stock-settled sars that are accounted for as equity instruments and provide for the issuance of snap-on common stock equal to the amount by which the company 2019s stock has appreciated over the exercise price .\nstock-settled sars have an effect on dilutive shares and shares outstanding as any appreciation of snap-on 2019s common stock value over the exercise price will be settled in shares of common stock .\n2013 annual report 101 .\n\nQuestion: what was the average approximate vested performance share units from 2011 to 2013",
        "solution": "138402.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2003/page_67.pdf\n\nID: JPM/2003/page_67.pdf-2\n\nPrevious Text:\nj.p .\nmorgan chase & co .\n/ 2003 annual report 65 the commercial specific loss component of the allowance was $ 917 million at december 31 , 2003 , a decrease of 43% ( 43 % ) from year-end 2002 .\nthe decrease was attributable to the improve- ment in the credit quality of the commercial loan portfolio , as well as the reduction in the size of the portfolio .\nthe commercial expected loss component of the allowance was $ 454 million at december 31 , 2003 , a decrease of 26% ( 26 % ) from year- end 2002 .\nthe decrease reflected an improvement in the average quality of the loan portfolio , as well as the improving credit envi- ronment , which affected inputs to the expected loss model .\nthe consumer expected loss component of the allowance was $ 2.3 billion at december 31 , 2003 , a decrease of 4% ( 4 % ) from year- end 2002 .\nalthough the consumer managed loan portfolio increased by 10% ( 10 % ) , the businesses that drove the increase , home finance and auto finance , have collateralized products with lower expected loss rates .\nthe residual component of the allowance was $ 895 million at december 31 , 2003 .\nthe residual component , which incorpo- rates management's judgment , addresses uncertainties that are not considered in the formula-based commercial specific and expected components of the allowance for credit losses .\nthe $ 121 million increase addressed uncertainties in the eco- nomic environment and concentrations in the commercial loan portfolio that existed during the first half of 2003 .\nin the sec- ond half of the year , as commercial credit quality continued to improve and the commercial allowance declined further , the residual component was reduced as well .\nat december 31 , 2003 , the residual component represented approximately 20% ( 20 % ) of the total allowance for loan losses , within the firm 2019s target range of between 10% ( 10 % ) and 20% ( 20 % ) .\nthe firm anticipates that if the current positive trend in economic conditions and credit quality continues , the commercial and residual components will continue to be reduced .\nlending-related commitments to provide for the risk of loss inherent in the credit-extension process , management also computes specific and expected loss components as well as a residual component for commercial lending 2013related commitments .\nthis is computed using a methodology similar to that used for the commercial loan port- folio , modified for expected maturities and probabilities of drawdown .\nthe allowance decreased by 11% ( 11 % ) to $ 324 million as of december 31 , 2003 , due to improvement in the criticized portion of the firm 2019s lending-related commitments .\ncredit costs .\n\nTable Data:\n[['for the year ended december 31 ( in millions )', 'for the year ended december 31 commercial', 'for the year ended december 31 consumer', 'for the year ended december 31 residual', 'for the year ended december 31 total', 'for the year ended december 31 commercial', 'for the year ended december 31 consumer', 'residual', 'total'], ['provision for loan losses', '$ -30 ( 30 )', '$ 1491', '$ 118', '$ 1579', '$ 2371', '$ 1589', '$ 79', '$ 4039'], ['provision for lending-related commitments', '-47 ( 47 )', '2014', '8', '-39 ( 39 )', '309', '2014', '-17 ( 17 )', '292'], ['securitized credit losses', '2014', '1870', '2014', '1870', '2014', '1439', '2014', '1439'], ['total managed credit costs', '$ -77 ( 77 )', '$ 3361', '$ 126', '$ 3410', '$ 2680', '$ 3028', '$ 62', '$ 5770']]\n\nFollowing Text:\n.\n\nQuestion: what was the consumer expected loss allowance at 12/31/2002 , in billions?",
        "solution": "2.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2014/page_26.pdf\n\nID: AAPL/2014/page_26.pdf-1\n\nPrevious Text:\ntable of contents company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the dow jones u.s .\ntechnology supersector index and the s&p information technology index for the five years ended september 27 , 2014 .\nthe company has added the s&p information technology index to the graph to capture the stock performance of companies whose products and services relate to those of the company .\nthe s&p information technology index replaces the s&p computer hardware index , which is no longer tracked by s&p .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the dow jones u.s .\ntechnology supersector index and the s&p information technology index as of the market close on september 25 , 2009 .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\ncopyright a9 2014 s&p , a division of the mcgraw-hill companies inc .\nall rights reserved .\ncopyright a9 2014 dow jones & co .\nall rights reserved .\napple inc .\n| 2014 form 10-k | 23 * $ 100 invested on 9/25/09 in stock or index , including reinvestment of dividends .\ndata points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes .\nseptember september september september september september .\n\nTable Data:\n[['', 'september 2009', 'september 2010', 'september 2011', 'september 2012', 'september 2013', 'september 2014'], ['apple inc .', '$ 100', '$ 160', '$ 222', '$ 367', '$ 272', '$ 407'], ['s&p 500 index', '$ 100', '$ 110', '$ 111', '$ 145', '$ 173', '$ 207'], ['dow jones u.s . technology supersector index', '$ 100', '$ 112', '$ 115', '$ 150', '$ 158', '$ 205'], ['s&p information technology index', '$ 100', '$ 111', '$ 115', '$ 152', '$ 163', '$ 210']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage of cumulative total shareholder return for the five year period ended september 2014 for apple inc.?",
        "solution": "307%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2011/page_35.pdf\n\nID: DISCA/2011/page_35.pdf-3\n\nPrevious Text:\nour digital media business consists of our websites and mobile and video-on-demand ( 201cvod 201d ) services .\nour websites include network branded websites such as discovery.com , tlc.com and animalplanet.com , and other websites such as howstuffworks.com , an online source of explanations of how the world actually works ; treehugger.com , a comprehensive source for 201cgreen 201d news , solutions and product information ; and petfinder.com , a leading pet adoption destination .\ntogether , these websites attracted an average of 24 million cumulative unique monthly visitors , according to comscore , inc .\nin 2011 .\ninternational networks our international networks segment principally consists of national and pan-regional television networks .\nthis segment generates revenues primarily from fees charged to operators who distribute our networks , which primarily include cable and dth satellite service providers , and from advertising sold on our television networks and websites .\ndiscovery channel , animal planet and tlc lead the international networks 2019 portfolio of television networks , which are distributed in virtually every pay-television market in the world through an infrastructure that includes operational centers in london , singapore and miami .\ninternational networks has one of the largest international distribution platforms of networks with one to twelve networks in more than 200 countries and territories around the world .\nat december 31 , 2011 , international networks operated over 150 unique distribution feeds in over 40 languages with channel feeds customized according to language needs and advertising sales opportunities .\nour international networks segment owns and operates the following television networks which reached the following number of subscribers as of december 31 , 2011 : education and other our education and other segment primarily includes the sale of curriculum-based product and service offerings and postproduction audio services .\nthis segment generates revenues primarily from subscriptions charged to k-12 schools for access to an online suite of curriculum-based vod tools , professional development services , and to a lesser extent student assessment and publication of hardcopy curriculum-based content .\nour education business also participates in corporate partnerships , global brand and content licensing business with leading non-profits , foundations and trade associations .\nother businesses primarily include postproduction audio services that are provided to major motion picture studios , independent producers , broadcast networks , cable channels , advertising agencies , and interactive producers .\ncontent development our content development strategy is designed to increase viewership , maintain innovation and quality leadership , and provide value for our network distributors and advertising customers .\nsubstantially all content is sourced from a wide range of third-party producers , which includes some of the world 2019s leading nonfiction production companies with which we have developed long-standing relationships , as well as independent producers .\nour production arrangements fall into three categories : produced , coproduced and licensed .\nsubstantially all produced content includes programming which we engage third parties to develop and produce while we retain editorial control and own most or all of the rights in exchange for paying all development and production costs .\ncoproduced content refers to program rights acquired that we have collaborated with third parties to finance and develop .\ncoproduced programs are typically high-cost projects for which neither we nor our coproducers wish to bear the entire cost or productions in which the producer has already taken on an international broadcast partner .\nlicensed content is comprised of films or series that have been previously produced by third parties .\nglobal networks international subscribers ( millions ) regional networks international subscribers ( millions ) .\n\nTable Data:\n[['global networks discovery channel', 'international subscribers ( millions ) 213', 'regional networks dmax', 'international subscribers ( millions ) 47'], ['animal planet', '166', 'discovery kids', '37'], ['tlc real time and travel & living', '150', 'liv', '29'], ['discovery science', '66', 'quest', '23'], ['discovery home & health', '48', 'discovery history', '13'], ['turbo', '37', 'shed', '12'], ['discovery world', '27', 'discovery en espanol ( u.s. )', '5'], ['investigation discovery', '23', 'discovery famillia ( u.s. )', '4'], ['hd services', '17', '', '']]\n\nFollowing Text:\n.\n\nQuestion: what is the difference in millions of subscribers between discovery channel international subscribers and discovery science international subscribers?",
        "solution": "147"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2011/page_101.pdf\n\nID: ADBE/2011/page_101.pdf-1\n\nPrevious Text:\na valuation allowance has been established for certain deferred tax assets related to the impairment of investments .\naccounting for uncertainty in income taxes during fiscal 2011 and 2010 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : beginning balance gross increases in unrecognized tax benefits 2013 prior year tax positions gross decreases in unrecognized tax benefits 2013 prior year tax positions gross increases in unrecognized tax benefits 2013 current year tax positions settlements with taxing authorities lapse of statute of limitations foreign exchange gains and losses ending balance $ 156925 11901 ( 4154 ) 32420 ( 29101 ) ( 3825 ) $ 163607 $ 218040 ( 7104 ) 15108 ( 70484 ) ( 7896 ) $ 156925 as of december 2 , 2011 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 12.3 million .\nwe file income tax returns in the u.s .\non a federal basis and in many u.s .\nstate and foreign jurisdictions .\nwe are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities .\nour major tax jurisdictions are the u.s. , ireland and california .\nfor california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2008 , respectively .\nwe regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examination .\nwe believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position .\nin august 2011 , a canadian income tax examination covering our fiscal years 2005 through 2008 was completed .\nour accrued tax and interest related to these years was approximately $ 35 million and was previously reported in long-term income taxes payable .\nwe reclassified approximately $ 17 million to short-term income taxes payable and decreased deferred tax assets by approximately $ 18 million in conjunction with the aforementioned resolution .\nthe $ 17 million balance in short-term income taxes payable is partially secured by a letter of credit and is expected to be paid by the first quarter of fiscal 2012 .\nin october 2010 , a u.s .\nincome tax examination covering our fiscal years 2005 through 2007 was completed .\nour accrued tax and interest related to these years was $ 59 million and was previously reported in long-term income taxes payable .\nwe paid $ 20 million in conjunction with the aforementioned resolution .\na net income statement tax benefit in the fourth quarter of fiscal 2010 of $ 39 million resulted .\nthe timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process .\nthese events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities .\nthe company believes that before the end of fiscal 2012 , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both .\ngiven the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 40 million .\nthese amounts would decrease income tax expense under current gaap related to income taxes .\nnote 11 .\nrestructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , in order to better align our resources around our digital media and digital marketing strategies , we initiated a restructuring plan consisting of reductions of approximately 700 full-time positions worldwide and we recorded restructuring charges of approximately $ 78.6 million related to ongoing termination benefits for the position eliminated .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nTable Data:\n[['', '2011', '2010'], ['beginning balance', '$ 156925', '$ 218040'], ['gross increases in unrecognized tax benefits 2013 prior year tax positions', '11901', '9580'], ['gross decreases in unrecognized tax benefits 2013 prior year tax positions', '-4154 ( 4154 )', '-7104 ( 7104 )'], ['gross increases in unrecognized tax benefits 2013 current year tax positions', '32420', '15108'], ['settlements with taxing authorities', '-29101 ( 29101 )', '-70484 ( 70484 )'], ['lapse of statute of limitations', '-3825 ( 3825 )', '-7896 ( 7896 )'], ['foreign exchange gains and losses', '-559 ( 559 )', '-319 ( 319 )'], ['ending balance', '$ 163607', '$ 156925']]\n\nFollowing Text:\na valuation allowance has been established for certain deferred tax assets related to the impairment of investments .\naccounting for uncertainty in income taxes during fiscal 2011 and 2010 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : beginning balance gross increases in unrecognized tax benefits 2013 prior year tax positions gross decreases in unrecognized tax benefits 2013 prior year tax positions gross increases in unrecognized tax benefits 2013 current year tax positions settlements with taxing authorities lapse of statute of limitations foreign exchange gains and losses ending balance $ 156925 11901 ( 4154 ) 32420 ( 29101 ) ( 3825 ) $ 163607 $ 218040 ( 7104 ) 15108 ( 70484 ) ( 7896 ) $ 156925 as of december 2 , 2011 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 12.3 million .\nwe file income tax returns in the u.s .\non a federal basis and in many u.s .\nstate and foreign jurisdictions .\nwe are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities .\nour major tax jurisdictions are the u.s. , ireland and california .\nfor california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2008 , respectively .\nwe regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examination .\nwe believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position .\nin august 2011 , a canadian income tax examination covering our fiscal years 2005 through 2008 was completed .\nour accrued tax and interest related to these years was approximately $ 35 million and was previously reported in long-term income taxes payable .\nwe reclassified approximately $ 17 million to short-term income taxes payable and decreased deferred tax assets by approximately $ 18 million in conjunction with the aforementioned resolution .\nthe $ 17 million balance in short-term income taxes payable is partially secured by a letter of credit and is expected to be paid by the first quarter of fiscal 2012 .\nin october 2010 , a u.s .\nincome tax examination covering our fiscal years 2005 through 2007 was completed .\nour accrued tax and interest related to these years was $ 59 million and was previously reported in long-term income taxes payable .\nwe paid $ 20 million in conjunction with the aforementioned resolution .\na net income statement tax benefit in the fourth quarter of fiscal 2010 of $ 39 million resulted .\nthe timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process .\nthese events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities .\nthe company believes that before the end of fiscal 2012 , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both .\ngiven the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 40 million .\nthese amounts would decrease income tax expense under current gaap related to income taxes .\nnote 11 .\nrestructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , in order to better align our resources around our digital media and digital marketing strategies , we initiated a restructuring plan consisting of reductions of approximately 700 full-time positions worldwide and we recorded restructuring charges of approximately $ 78.6 million related to ongoing termination benefits for the position eliminated .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nQuestion: what is the average range of estimated potential decreases in underlying unrecognized tax benefits in millions?",
        "solution": "20"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LLY/2008/page_39.pdf\n\nID: LLY/2008/page_39.pdf-2\n\nPrevious Text:\non the underlying exposure .\nfor derivative contracts that are designated and qualify as cash fl ow hedges , the effective portion of gains and losses on these contracts is reported as a component of other comprehensive income and reclassifi ed into earnings in the same period the hedged transaction affects earnings .\nhedge ineffectiveness is immediately recognized in earnings .\nderivative contracts that are not designated as hedging instruments are recorded at fair value with the gain or loss recognized in current earnings during the period of change .\nwe may enter into foreign currency forward and option contracts to reduce the effect of fl uctuating currency exchange rates ( principally the euro , the british pound , and the japanese yen ) .\nforeign currency derivatives used for hedging are put in place using the same or like currencies and duration as the underlying exposures .\nforward contracts are principally used to manage exposures arising from subsidiary trade and loan payables and receivables denominated in foreign currencies .\nthese contracts are recorded at fair value with the gain or loss recognized in other 2014net .\nthe purchased option contracts are used to hedge anticipated foreign currency transactions , primarily intercompany inventory activities expected to occur within the next year .\nthese contracts are designated as cash fl ow hedges of those future transactions and the impact on earnings is included in cost of sales .\nwe may enter into foreign currency forward contracts and currency swaps as fair value hedges of fi rm commitments .\nforward and option contracts generally have maturities not exceeding 12 months .\nin the normal course of business , our operations are exposed to fl uctuations in interest rates .\nthese fl uctuations can vary the costs of fi nancing , investing , and operating .\nwe address a portion of these risks through a controlled program of risk management that includes the use of derivative fi nancial instruments .\nthe objective of controlling these risks is to limit the impact of fl uctuations in interest rates on earnings .\nour primary interest rate risk exposure results from changes in short-term u.s .\ndollar interest rates .\nin an effort to manage interest rate exposures , we strive to achieve an acceptable balance between fi xed and fl oating rate debt and investment positions and may enter into interest rate swaps or collars to help maintain that balance .\ninterest rate swaps or collars that convert our fi xed- rate debt or investments to a fl oating rate are designated as fair value hedges of the underlying instruments .\ninterest rate swaps or collars that convert fl oating rate debt or investments to a fi xed rate are designated as cash fl ow hedg- es .\ninterest expense on the debt is adjusted to include the payments made or received under the swap agreements .\ngoodwill and other intangibles : goodwill is not amortized .\nall other intangibles arising from acquisitions and research alliances have fi nite lives and are amortized over their estimated useful lives , ranging from 5 to 20 years , using the straight-line method .\nthe weighted-average amortization period for developed product technology is approximately 12 years .\namortization expense for 2008 , 2007 , and 2006 was $ 193.4 million , $ 172.8 million , and $ 7.6 million before tax , respectively .\nthe estimated amortization expense for each of the fi ve succeeding years approximates $ 280 million before tax , per year .\nsubstantially all of the amortization expense is included in cost of sales .\nsee note 3 for further discussion of goodwill and other intangibles acquired in 2008 and 2007 .\ngoodwill and other intangible assets at december 31 were as follows: .\n\nTable Data:\n[['', '2008', '2007'], ['goodwill', '$ 1167.5', '$ 745.7'], ['developed product technology 2014 gross', '3035.4', '1767.5'], ['less accumulated amortization', '-346.6 ( 346.6 )', '-162.6 ( 162.6 )'], ['developed product technology 2014 net', '2688.8', '1604.9'], ['other intangibles 2014 gross', '243.2', '142.8'], ['less accumulated amortization', '-45.4 ( 45.4 )', '-38.0 ( 38.0 )'], ['other intangibles 2014 net', '197.8', '104.8'], ['total intangibles 2014 net', '$ 4054.1', '$ 2455.4']]\n\nFollowing Text:\ngoodwill and net other intangibles are reviewed to assess recoverability at least annually and when certain impairment indicators are present .\nno signifi cant impairments occurred with respect to the carrying value of our goodwill or other intangible assets in 2008 , 2007 , or 2006 .\nproperty and equipment : property and equipment is stated on the basis of cost .\nprovisions for depreciation of buildings and equipment are computed generally by the straight-line method at rates based on their estimated useful lives ( 12 to 50 years for buildings and 3 to 18 years for equipment ) .\nwe review the carrying value of long-lived assets for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the .\n\nQuestion: what percentage of total intangibles-net in 2007 were comprised of developed product technology-gross?",
        "solution": "72%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ZBH/2004/page_68.pdf\n\nID: ZBH/2004/page_68.pdf-2\n\nPrevious Text:\nz i m m e r h o l d i n g s , i n c .\na n d s u b s i d i a r i e s 2 0 0 4 f o r m 1 0 - k notes to consolidated financial statements ( continued ) the company and implex had been operating since 2000 , the following table summarizes the estimated fair values relating to the development and distribution of reconstructive of the assets acquired and liabilities assumed at the date of implant and trauma products incorporating trabecular metal the implex acquisition : ( in millions ) technology .\nas ofthe merger agreement contains provisions for additional april 23 , 2004annual cash earn-out payments that are based on year-over- current assets $ 23.1year sales growth through 2006 of certain products that .\n\nTable Data:\n[['', 'as of april 23 2004'], ['current assets', '$ 23.1'], ['property plant and equipment', '4.5'], ['intangible assets subject to amortization:', ''], ['core technology ( 30 year useful life )', '3.6'], ['developed technology ( 30 year useful life )', '103.9'], ['other assets', '14.4'], ['goodwill', '61.0'], ['total assets acquired', '210.5'], ['current liabilities', '14.1'], ['deferred taxes', '43.3'], ['total liabilities assumed', '57.4'], ['net assets acquired', '$ 153.1']]\n\nFollowing Text:\nestimates total earn-out payments , including payments core technology ( 30 year useful life ) 3.6 already made , to be in a range from $ 120 to $ 160 million .\ndeveloped technology ( 30 year useful life ) 103.9 other assets 14.4these earn-out payments represent contingent consideration goodwill 61.0and , in accordance with sfas no .\n141 and eitf 95-8 2018 2018accounting for contingent consideration paid to the total assets acquired 210.5 shareholders of an acquired enterprise in a purchase current liabilities 14.1 deferred taxes 43.3business combination 2019 2019 , are recorded as an additional cost of the transaction upon resolution of the contingency and total liabilities assumed 57.4 therefore increase goodwill .\nnet assets acquired $ 153.1the implex acquisition was accounted for under the purchase method of accounting pursuant to sfas no .\n141 .\n4 .\nchange in accounting principle accordingly , implex results of operations have been included in the company 2019s consolidated results of operations instruments are hand held devices used by orthopaedic subsequent to april 23 , 2004 , and its respective assets and surgeons during total joint replacement and other surgical liabilities have been recorded at their estimated fair values in procedures .\neffective january 1 , 2003 , instruments are the company 2019s consolidated statement of financial position as recognized as long-lived assets and are included in property , of april 23 , 2004 , with the excess purchase price being plant and equipment .\nundeployed instruments are carried at allocated to goodwill .\npro forma financial information has not cost , net of allowances for obsolescence .\ninstruments in the been included as the acquisition did not have a material field are carried at cost less accumulated depreciation .\nimpact upon the company 2019s financial position , results of depreciation is computed using the straight-line method operations or cash flows .\nbased on average estimated useful lives , determined the company completed the preliminary purchase price principally in reference to associated product life cycles , allocation in accordance with u.s .\ngenerally accepted primarily five years .\nin accordance with sfas no .\n144 , the accounting principles .\nthe process included interviews with company reviews instruments for impairment whenever management , review of the economic and competitive events or changes in circumstances indicate that the carrying environment and examination of assets including historical value of an asset may not be recoverable .\nan impairment loss performance and future prospects .\nthe preliminary purchase would be recognized when estimated future cash flows price allocation was based on information currently available relating to the asset are less than its carrying amount .\nto the company , and expectations and assumptions deemed depreciation of instruments is recognized as selling , general reasonable by the company 2019s management .\nno assurance can and administrative expense , consistent with the classification be given , however , that the underlying assumptions used to of instrument cost in periods prior to january 1 , 2003 .\nestimate expected technology based product revenues , prior to january 1 , 2003 , undeployed instruments were development costs or profitability , or the events associated carried as a prepaid expense at cost , net of allowances for with such technology , will occur as projected .\nthe final obsolescence ( $ 54.8 million , net , at december 31 , 2002 ) , and purchase price allocation may vary from the preliminary recognized in selling , general and administrative expense in purchase price allocation .\nthe final valuation and associated the year in which the instruments were placed into service .\npurchase price allocation is expected to be completed as the new method of accounting for instruments was adopted soon as possible , but no later than one year from the date of to recognize the cost of these important assets of the acquisition .\nto the extent that the estimates need to be company 2019s business within the consolidated balance sheet adjusted , the company will do so .\nand meaningfully allocate the cost of these assets over the periods benefited , typically five years .\nthe effect of the change during the year ended december 31 , 2003 was to increase earnings before cumulative effect of change in accounting principle by $ 26.8 million ( $ 17.8 million net of tax ) , or $ 0.08 per diluted share .\nthe cumulative effect adjustment of $ 55.1 million ( net of income taxes of $ 34.0 million ) to retroactively apply the .\n\nQuestion: what is goodwill as a percentage of net assets acquired?",
        "solution": "39.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2012/page_31.pdf\n\nID: RE/2012/page_31.pdf-1\n\nPrevious Text:\nthe company endeavors to actively engage with every insured account posing significant potential asbestos exposure to mt .\nmckinley .\nsuch engagement can take the form of pursuing a final settlement , negotiation , litigation , or the monitoring of claim activity under settlement in place ( 201csip 201d ) agreements .\nsip agreements generally condition an insurer 2019s payment upon the actual claim experience of the insured and may have annual payment caps or other measures to control the insurer 2019s payments .\nthe company 2019s mt .\nmckinley operation is currently managing four sip agreements , one of which was executed prior to the acquisition of mt .\nmckinley in 2000 .\nthe company 2019s preference with respect to coverage settlements is to execute settlements that call for a fixed schedule of payments , because such settlements eliminate future uncertainty .\nthe company has significantly enhanced its classification of insureds by exposure characteristics over time , as well as its analysis by insured for those it considers to be more exposed or active .\nthose insureds identified as relatively less exposed or active are subject to less rigorous , but still active management , with an emphasis on monitoring those characteristics , which may indicate an increasing exposure or levels of activity .\nthe company continually focuses on further enhancement of the detailed estimation processes used to evaluate potential exposure of policyholders .\neverest re 2019s book of assumed a&e reinsurance is relatively concentrated within a limited number of contracts and for a limited period , from 1974 to 1984 .\nbecause the book of business is relatively concentrated and the company has been managing the a&e exposures for many years , its claim staff is familiar with the ceding companies that have generated most of these liabilities in the past and which are therefore most likely to generate future liabilities .\nthe company 2019s claim staff has developed familiarity both with the nature of the business written by its ceding companies and the claims handling and reserving practices of those companies .\nthis level of familiarity enhances the quality of the company 2019s analysis of its exposure through those companies .\nas a result , the company believes that it can identify those claims on which it has unusual exposure , such as non-products asbestos claims , for concentrated attention .\nhowever , in setting reserves for its reinsurance liabilities , the company relies on claims data supplied , both formally and informally by its ceding companies and brokers .\nthis furnished information is not always timely or accurate and can impact the accuracy and timeliness of the company 2019s ultimate loss projections .\nthe following table summarizes the composition of the company 2019s total reserves for a&e losses , gross and net of reinsurance , for the periods indicated: .\n\nTable Data:\n[['( dollars in millions )', 'years ended december 31 , 2012', 'years ended december 31 , 2011', 'years ended december 31 , 2010'], ['case reserves reported by ceding companies', '$ 138.4', '$ 145.6', '$ 135.4'], ['additional case reserves established by the company ( assumed reinsurance ) ( 1 )', '90.6', '102.9', '116.1'], ['case reserves established by the company ( direct insurance )', '36.7', '40.6', '38.9'], ['incurred but not reported reserves', '177.1', '210.9', '264.4'], ['gross reserves', '442.8', '499.9', '554.8'], ['reinsurance receivable', '-17.1 ( 17.1 )', '-19.8 ( 19.8 )', '-21.9 ( 21.9 )'], ['net reserves', '$ 425.7', '$ 480.2', '$ 532.9']]\n\nFollowing Text:\n( 1 ) additional reserves are case specific reserves established by the company in excess of those reported by the ceding company , based on the company 2019s assessment of the covered loss .\n( some amounts may not reconcile due to rounding. ) additional losses , including those relating to latent injuries and other exposures , which are as yet unrecognized , the type or magnitude of which cannot be foreseen by either the company or the industry , may emerge in the future .\nsuch future emergence could have material adverse effects on the company 2019s future financial condition , results of operations and cash flows. .\n\nQuestion: what is the percentage change in gross reserves from 2011 to 2012?",
        "solution": "-11.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2017/page_20.pdf\n\nID: UNP/2017/page_20.pdf-3\n\nPrevious Text:\nfive-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 .\nthe graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2012 and that all dividends were reinvested .\nthe information below is historical in nature and is not necessarily indicative of future performance .\npurchases of equity securities 2013 during 2017 , we repurchased 37122405 shares of our common stock at an average price of $ 110.50 .\nthe following table presents common stock repurchases during each month for the fourth quarter of 2017 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .\n\nTable Data:\n[['period', 'total number of shares purchased [a]', 'average price paid per share', 'total number of shares purchased as part of a publicly announcedplan or program [b]', 'maximum number of shares remaining under the plan or program [b]'], ['oct . 1 through oct . 31', '3831636', '$ 113.61', '3800000', '89078662'], ['nov . 1 through nov . 30', '3005225', '117.07', '2937410', '86141252'], ['dec . 1 through dec . 31', '2718319', '130.76', '2494100', '83647152'], ['total', '9555180', '$ 119.58', '9231510', 'n/a']]\n\nFollowing Text:\n[a] total number of shares purchased during the quarter includes approximately 323670 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .\n[b] effective january 1 , 2017 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2020 .\nthese repurchases may be made on the open market or through other transactions .\nour management has sole discretion with respect to determining the timing and amount of these transactions. .\n\nQuestion: what percent of the total shares purchased during the fourth quarter of 2017 were purchased in november?",
        "solution": "31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BKR/2018/page_59.pdf\n\nID: BKR/2018/page_59.pdf-1\n\nPrevious Text:\nbhge 2018 form 10-k | 39 outstanding under the commercial paper program .\nthe maximum combined borrowing at any time under both the 2017 credit agreement and the commercial paper program is $ 3 billion .\nif market conditions were to change and our revenue was reduced significantly or operating costs were to increase , our cash flows and liquidity could be reduced .\nadditionally , it could cause the rating agencies to lower our credit rating .\nthere are no ratings triggers that would accelerate the maturity of any borrowings under our committed credit facility .\nhowever , a downgrade in our credit ratings could increase the cost of borrowings under the credit facility and could also limit or preclude our ability to issue commercial paper .\nshould this occur , we could seek alternative sources of funding , including borrowing under the credit facility .\nduring the year ended december 31 , 2018 , we used cash to fund a variety of activities including certain working capital needs and restructuring costs , capital expenditures , the repayment of debt , payment of dividends , distributions to ge and share repurchases .\nwe believe that cash on hand , cash flows generated from operations and the available credit facility will provide sufficient liquidity to manage our global cash needs .\ncash flows cash flows provided by ( used in ) each type of activity were as follows for the years ended december 31: .\n\nTable Data:\n[['( in millions )', '2018', '2017', '2016'], ['operating activities', '$ 1762', '$ -799 ( 799 )', '$ 262'], ['investing activities', '-578 ( 578 )', '-4123 ( 4123 )', '-472 ( 472 )'], ['financing activities', '-4363 ( 4363 )', '10919', '-102 ( 102 )']]\n\nFollowing Text:\noperating activities our largest source of operating cash is payments from customers , of which the largest component is collecting cash related to product or services sales including advance payments or progress collections for work to be performed .\nthe primary use of operating cash is to pay our suppliers , employees , tax authorities and others for a wide range of material and services .\ncash flows from operating activities generated cash of $ 1762 million and used cash of $ 799 million for the years ended december 31 , 2018 and 2017 , respectively .\ncash flows from operating activities increased $ 2561 million in 2018 primarily driven by better operating performance .\nthese cash inflows were supported by strong working capital cash flows , especially in the fourth quarter of 2018 , including approximately $ 300 million for a progress collection payment from a customer .\nincluded in our cash flows from operating activities for 2018 and 2017 are payments of $ 473 million and $ 612 million , respectively , made primarily for employee severance as a result of our restructuring activities and merger and related costs .\ncash flows from operating activities used $ 799 million and generated $ 262 million for the years ended december 31 , 2017 and 2016 , respectively .\ncash flows from operating activities decreased $ 1061 million in 2017 primarily driven by a $ 1201 million negative impact from ending our receivables monetization program in the fourth quarter , and restructuring related payments throughout the year .\nthese cash outflows were partially offset by strong working capital cash flows , especially in the fourth quarter of 2017 .\nincluded in our cash flows from operating activities for 2017 and 2016 are payments of $ 612 million and $ 177 million , respectively , made for employee severance as a result of our restructuring activities and merger and related costs .\ninvesting activities cash flows from investing activities used cash of $ 578 million , $ 4123 million and $ 472 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .\nour principal recurring investing activity is the funding of capital expenditures to ensure that we have the appropriate levels and types of machinery and equipment in place to generate revenue from operations .\nexpenditures for capital assets totaled $ 995 million , $ 665 million and $ 424 million for 2018 , 2017 and 2016 , respectively , partially offset by cash flows from the sale of property , plant and equipment of $ 458 million , $ 172 million and $ 20 million in 2018 , 2017 and 2016 , respectively .\nproceeds from the disposal of assets related primarily .\n\nQuestion: what are the expenditures for capital assets in 2018 as a percentage of cash from operating activities in 2018?",
        "solution": "56.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2009/page_26.pdf\n\nID: UNP/2009/page_26.pdf-3\n\nPrevious Text:\nmeet customer needs and put us in a position to handle demand changes .\nwe will also continue utilizing industrial engineering techniques to improve productivity .\n2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .\ndomestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .\nto reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .\n2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .\nsee further discussion in this item 7 under liquidity and capital resources 2013 capital plan .\n2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .\nwe currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .\nthis includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .\n2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .\nin addition , we anticipate continued pricing opportunities and further productivity improvements .\nresults of operations operating revenues millions of dollars 2009 2008 2007 % (  % ) change 2009 v 2008 % (  % ) change 2008 v 2007 .\n\nTable Data:\n[['millions of dollars', '2009', '2008', '2007', '% (  % ) change 2009 v 2008', '% (  % ) change 2008 v 2007'], ['freight revenues', '$ 13373', '$ 17118', '$ 15486', '( 22 ) % (  % )', '11% ( 11 % )'], ['other revenues', '770', '852', '797', '-10 ( 10 )', '7'], ['total', '$ 14143', '$ 17970', '$ 16283', '( 21 ) % (  % )', '10% ( 10 % )']]\n\nFollowing Text:\nfreight revenues are revenues generated by transporting freight or other materials from our six commodity groups .\nfreight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .\nchanges in price , traffic mix and fuel surcharges drive arc .\nwe provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .\nwe recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .\nwe allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .\nother revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .\nwe recognize other revenues as we perform services or meet contractual obligations .\nfreight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .\nwe experienced the largest volume declines in automotive and industrial .\n\nQuestion: what was the change in total revenue in millions from 2008 to 200?",
        "solution": "-3827"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HII/2018/page_113.pdf\n\nID: HII/2018/page_113.pdf-1\n\nPrevious Text:\npension plan assets pension assets include public equities , government and corporate bonds , cash and cash equivalents , private real estate funds , private partnerships , hedge funds , and other assets .\nplan assets are held in a master trust and overseen by the company's investment committee .\nall assets are externally managed through a combination of active and passive strategies .\nmanagers may only invest in the asset classes for which they have been appointed .\nthe investment committee is responsible for setting the policy that provides the framework for management of the plan assets .\nthe investment committee has set the minimum and maximum permitted values for each asset class in the company's pension plan master trust for the year ended december 31 , 2018 , as follows: .\n\nTable Data:\n[['u.s . equities', 'range 15', 'range -', 'range 36% ( 36 % )'], ['international equities', '10', '-', '29% ( 29 % )'], ['fixed income securities', '25', '-', '50% ( 50 % )'], ['alternative investments', '10', '-', '25% ( 25 % )']]\n\nFollowing Text:\nthe general objectives of the company's pension asset strategy are to earn a rate of return over time to satisfy the benefit obligations of the plans , meet minimum erisa funding requirements , and maintain sufficient liquidity to pay benefits and address other cash requirements within the master trust .\nspecific investment objectives include reducing the volatility of pension assets relative to benefit obligations , achieving a competitive , total investment return , achieving diversification between and within asset classes , and managing other risks .\ninvestment objectives for each asset class are determined based on specific risks and investment opportunities identified .\ndecisions regarding investment policies and asset allocation are made with the understanding of the historical and prospective return and risk characteristics of various asset classes , the effect of asset allocations on funded status , future company contributions , and projected expenditures , including benefits .\nthe company updates its asset allocations periodically .\nthe company uses various analytics to determine the optimal asset mix and considers plan obligation characteristics , duration , liquidity characteristics , funding requirements , expected rates of return , regular rebalancing , and the distribution of returns .\nactual allocations to each asset class could vary from target allocations due to periodic investment strategy changes , short-term market value fluctuations , the length of time it takes to fully implement investment allocation positions , such as real estate and other alternative investments , and the timing of benefit payments and company contributions .\ntaking into account the asset allocation ranges , the company determines the specific allocation of the master trust's investments within various asset classes .\nthe master trust utilizes select investment strategies , which are executed through separate account or fund structures with external investment managers who demonstrate experience and expertise in the appropriate asset classes and styles .\nthe selection of investment managers is done with careful evaluation of all aspects of performance and risk , demonstrated fiduciary responsibility , investment management experience , and a review of the investment managers' policies and processes .\ninvestment performance is monitored frequently against appropriate benchmarks and tracked to compliance guidelines with the assistance of third party consultants and performance evaluation tools and metrics .\nplan assets are stated at fair value .\nthe company employs a variety of pricing sources to estimate the fair value of its pension plan assets , including independent pricing vendors , dealer or counterparty-supplied valuations , third- party appraisals , and appraisals prepared by the company's investment managers or other experts .\ninvestments in equity securities , common and preferred , are valued at the last reported sales price when an active market exists .\nsecurities for which official or last trade pricing on an active exchange is available are classified as level 1 .\nif closing prices are not available , securities are valued at the last trade price , if deemed reasonable , or a broker's quote in a non-active market , and are typically categorized as level 2 .\ninvestments in fixed-income securities are generally valued by independent pricing services or dealers who make markets in such securities .\npricing methods are based upon market transactions for comparable securities and various relationships between securities that are generally recognized by institutional traders , and fixed-income securities typically are categorized as level 2. .\n\nQuestion: what is the difference in the range of u.s equities permitted in the company's pension plan?",
        "solution": "21%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2007/page_39.pdf\n\nID: LMT/2007/page_39.pdf-3\n\nPrevious Text:\n( c ) includes the effects of items not considered in the assessment of the operating performance of our business segments which increased operating profit by $ 230 million , $ 150 million after tax ( $ 0.34 per share ) .\nalso includes expenses of $ 16 million , $ 11 million after tax ( $ 0.03 per share ) for a debt exchange , and a reduction in income tax expense of $ 62 million ( $ 0.14 per share ) resulting from a tax benefit related to claims we filed for additional extraterritorial income exclusion ( eti ) tax benefits .\non a combined basis , these items increased earnings by $ 201 million after tax ( $ 0.45 per share ) .\n( d ) includes the effects of items not considered in the assessment of the operating performance of our business segments which , on a combined basis , increased operating profit by $ 173 million , $ 113 million after tax ( $ 0.25 per share ) .\n( e ) includes the effects of items not considered in the assessment of the operating performance of our business segments which decreased operating profit by $ 61 million , $ 54 million after tax ( $ 0.12 per share ) .\nalso includes a charge of $ 154 million , $ 100 million after tax ( $ 0.22 per share ) for the early repayment of debt , and a reduction in income tax expense resulting from the closure of an internal revenue service examination of $ 144 million ( $ 0.32 per share ) .\non a combined basis , these items reduced earnings by $ 10 million after tax ( $ 0.02 per share ) .\n( f ) includes the effects of items not considered in the assessment of the operating performance of our business segments which , on a combined basis , decreased operating profit by $ 7 million , $ 6 million after tax ( $ 0.01 per share ) .\nalso includes a charge of $ 146 million , $ 96 million after tax ( $ 0.21 per share ) for the early repayment of debt .\n( g ) we define return on invested capital ( roic ) as net earnings plus after-tax interest expense divided by average invested capital ( stockholders 2019 equity plus debt ) , after adjusting stockholders 2019 equity by adding back adjustments related to postretirement benefit plans .\nwe believe that reporting roic provides investors with greater visibility into how effectively we use the capital invested in our operations .\nwe use roic to evaluate multi-year investment decisions and as a long-term performance measure , and also use it as a factor in evaluating management performance under certain of our incentive compensation plans .\nroic is not a measure of financial performance under generally accepted accounting principles , and may not be defined and calculated by other companies in the same manner .\nroic should not be considered in isolation or as an alternative to net earnings as an indicator of performance .\nwe calculate roic as follows : ( in millions ) 2007 2006 2005 2004 2003 .\n\nTable Data:\n[['( in millions )', '2007', '2006', '2005', '2004', '2003'], ['net earnings', '$ 3033', '$ 2529', '$ 1825', '$ 1266', '$ 1053'], ['interest expense ( multiplied by 65% ( 65 % ) ) 1', '229', '235', '241', '276', '317'], ['return', '$ 3262', '$ 2764', '$ 2066', '$ 1542', '$ 1370'], ['average debt2 5', '$ 4416', '$ 4727', '$ 5077', '$ 5932', '$ 6612'], ['average equity3 5', '7661', '7686', '7590', '7015', '6170'], ['average benefit plan adjustments3 4 5', '3171', '2006', '1545', '1296', '1504'], ['average invested capital', '$ 15248', '$ 14419', '$ 14212', '$ 14243', '$ 14286'], ['return on invested capital', '21.4% ( 21.4 % )', '19.2% ( 19.2 % )', '14.5% ( 14.5 % )', '10.8% ( 10.8 % )', '9.6% ( 9.6 % )']]\n\nFollowing Text:\n1 represents after-tax interest expense utilizing the federal statutory rate of 35% ( 35 % ) .\n2 debt consists of long-term debt , including current maturities of long-term debt , and short-term borrowings ( if any ) .\n3 equity includes non-cash adjustments , primarily for unrecognized benefit plan actuarial losses and prior service costs in 2007 and 2006 , the adjustment for the adoption of fas 158 in 2006 , and the additional minimum pension liability in years prior to 2007 .\n4 average benefit plan adjustments reflect the cumulative value of entries identified in our statement of stockholders equity under the captions 201cpostretirement benefit plans , 201d 201cadjustment for adoption of fas 158 201d and 201cminimum pension liability . 201d the total of annual benefit plan adjustments to equity were : 2007 = $ 1706 million ; 2006 = ( $ 1883 ) million ; 2005 = ( $ 105 ) million ; 2004 = ( $ 285 ) million ; 2003 = $ 331 million ; 2002 = ( $ 1537 million ) ; and 2001 = ( $ 33 million ) .\nas these entries are recorded in the fourth quarter , the value added back to our average equity in a given year is the cumulative impact of all prior year entries plus 20% ( 20 % ) of the current year entry value .\n5 yearly averages are calculated using balances at the start of the year and at the end of each quarter. .\n\nQuestion: what was the average return on invested capital from 2003 to 2007?",
        "solution": "15.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HUM/2007/page_96.pdf\n\nID: HUM/2007/page_96.pdf-2\n\nPrevious Text:\nhumana inc .\nnotes to consolidated financial statements 2014 ( continued ) the total intrinsic value of stock options exercised during 2007 was $ 133.9 million , compared with $ 133.7 million during 2006 and $ 57.8 million during 2005 .\ncash received from stock option exercises for the years ended december 31 , 2007 , 2006 , and 2005 totaled $ 62.7 million , $ 49.2 million , and $ 36.4 million , respectively .\ntotal compensation expense related to nonvested options not yet recognized was $ 23.6 million at december 31 , 2007 .\nwe expect to recognize this compensation expense over a weighted average period of approximately 1.6 years .\nrestricted stock awards restricted stock awards are granted with a fair value equal to the market price of our common stock on the date of grant .\ncompensation expense is recorded straight-line over the vesting period , generally three years from the date of grant .\nthe weighted average grant date fair value of our restricted stock awards was $ 63.59 , $ 54.36 , and $ 32.81 for the years ended december 31 , 2007 , 2006 , and 2005 , respectively .\nactivity for our restricted stock awards was as follows for the year ended december 31 , 2007 : shares weighted average grant-date fair value .\n\nTable Data:\n[['', 'shares', 'weighted average grant-date fair value'], ['nonvested restricted stock at december 31 2006', '1107455', '$ 45.86'], ['granted', '852353', '63.59'], ['vested', '-51206 ( 51206 )', '56.93'], ['forfeited', '-63624 ( 63624 )', '49.65'], ['nonvested restricted stock at december 31 2007', '1844978', '$ 53.61']]\n\nFollowing Text:\nthe fair value of shares vested during the years ended december 31 , 2007 , 2006 , and 2005 was $ 3.4 million , $ 2.3 million , and $ 0.6 million , respectively .\ntotal compensation expense related to nonvested restricted stock awards not yet recognized was $ 44.7 million at december 31 , 2007 .\nwe expect to recognize this compensation expense over a weighted average period of approximately 1.4 years .\nthere are no other contractual terms covering restricted stock awards once vested. .\n\nQuestion: considering the years 2005-2007 , what is the average fair value of shares vested , in millions?",
        "solution": "2.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2013/page_49.pdf\n\nID: MRO/2013/page_49.pdf-3\n\nPrevious Text:\nprovision for income taxes increased $ 1791 million in 2012 from 2011 primarily due to the increase in pretax income from continuing operations , including the impact of the resumption of sales in libya in the first quarter of 2012 .\nthe following is an analysis of the effective income tax rates for 2012 and 2011: .\n\nTable Data:\n[['', '2012', '2011'], ['statutory rate applied to income from continuing operations before income taxes', '35% ( 35 % )', '35% ( 35 % )'], ['effects of foreign operations including foreign tax credits', '18', '6'], ['change in permanent reinvestment assertion', '2014', '5'], ['adjustments to valuation allowances', '21', '14'], ['tax law changes', '2014', '1'], ['effective income tax rate on continuing operations', '74% ( 74 % )', '61% ( 61 % )']]\n\nFollowing Text:\nthe effective income tax rate is influenced by a variety of factors including the geographic sources of income and the relative magnitude of these sources of income .\nthe provision for income taxes is allocated on a discrete , stand-alone basis to pretax segment income and to individual items not allocated to segments .\nthe difference between the total provision and the sum of the amounts allocated to segments appears in the \"corporate and other unallocated items\" shown in the reconciliation of segment income to net income below .\neffects of foreign operations 2013 the effects of foreign operations on our effective tax rate increased in 2012 as compared to 2011 , primarily due to the resumption of sales in libya in the first quarter of 2012 , where the statutory rate is in excess of 90 percent .\nchange in permanent reinvestment assertion 2013 in the second quarter of 2011 , we recorded $ 716 million of deferred u.s .\ntax on undistributed earnings of $ 2046 million that we previously intended to permanently reinvest in foreign operations .\noffsetting this tax expense were associated foreign tax credits of $ 488 million .\nin addition , we reduced our valuation allowance related to foreign tax credits by $ 228 million due to recognizing deferred u.s .\ntax on previously undistributed earnings .\nadjustments to valuation allowances 2013 in 2012 and 2011 , we increased the valuation allowance against foreign tax credits because it is more likely than not that we will be unable to realize all u.s .\nbenefits on foreign taxes accrued in those years .\nsee item 8 .\nfinancial statements and supplementary data - note 10 to the consolidated financial statements for further information about income taxes .\ndiscontinued operations is presented net of tax , and reflects our downstream business that was spun off june 30 , 2011 and our angola business which we agreed to sell in 2013 .\nsee item 8 .\nfinancial statements and supplementary data 2013 notes 3 and 6 to the consolidated financial statements for additional information. .\n\nQuestion: what were total adjustments to valuation allowances in millions?",
        "solution": "35"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2007/page_55.pdf\n\nID: LMT/2007/page_55.pdf-2\n\nPrevious Text:\nair mobility sales declined by $ 535 million primarily due to c-130j deliveries ( 12 in 2006 compared to 15 in 2005 ) and lower volume on the c-5 program .\ncombat aircraft sales increased by $ 292 million mainly due to higher f-35 and f-22 volume , partially offset by reduced volume on f-16 programs .\nother aeronautics programs sales increased by $ 83 million primarily due to higher volume in sustainment services activities .\noperating profit for the segment increased 21% ( 21 % ) in 2007 compared to 2006 .\noperating profit increases in combat aircraft more than offset decreases in other aeronautics programs and air mobility .\ncombat aircraft operating profit increased $ 326 million mainly due to improved performance on f-22 and f-16 programs .\nair mobility and other aeronautics programs declined $ 77 million due to lower operating profit in support and sustainment activities .\noperating profit for the segment increased 20% ( 20 % ) in 2006 compared to 2005 .\noperating profit increased in both combat aircraft and air mobility .\ncombat aircraft increased $ 114 million , mainly due to higher volume on the f-35 and f-22 programs , and improved performance on f-16 programs .\nthe improvement for the year was also attributable in part to the fact that in 2005 , operating profit included a reduction in earnings on the f-35 program .\nair mobility operating profit increased $ 84 million , mainly due to improved performance on c-130j sustainment activities in 2006 .\nbacklog decreased in 2007 as compared to 2006 primarily as a result of sales volume on the f-35 program .\nthis decrease was offset partially by increased orders on the f-22 and c-130j programs .\nelectronic systems electronic systems 2019 operating results included the following : ( in millions ) 2007 2006 2005 .\n\nTable Data:\n[['( in millions )', '2007', '2006', '2005'], ['net sales', '$ 11143', '$ 10519', '$ 9811'], ['operating profit', '1410', '1264', '1078'], ['backlog at year-end', '21200', '19700', '18600']]\n\nFollowing Text:\nnet sales for electronic systems increased by 6% ( 6 % ) in 2007 compared to 2006 .\nsales increased in missiles & fire control ( m&fc ) , maritime systems & sensors ( ms2 ) , and platform , training & energy ( pt&e ) .\nm&fc sales increased $ 258 million mainly due to higher volume in fire control systems and air defense programs , which more than offset declines in tactical missile programs .\nms2 sales grew $ 254 million due to volume increases in undersea and radar systems activities that were offset partially by decreases in surface systems activities .\npt&e sales increased $ 113 million , primarily due to higher volume in platform integration activities , which more than offset declines in distribution technology activities .\nnet sales for electronic systems increased by 7% ( 7 % ) in 2006 compared to 2005 .\nhigher volume in platform integration activities led to increased sales of $ 329 million at pt&e .\nms2 sales increased $ 267 million primarily due to surface systems activities .\nair defense programs contributed to increased sales of $ 118 million at m&fc .\noperating profit for the segment increased by 12% ( 12 % ) in 2007 compared to 2006 , representing an increase in all three lines of business during the year .\noperating profit increased $ 70 million at pt&e primarily due to higher volume and improved performance on platform integration activities .\nms2 operating profit increased $ 32 million due to higher volume on undersea and tactical systems activities that more than offset lower volume on surface systems activities .\nat m&fc , operating profit increased $ 32 million due to higher volume in fire control systems and improved performance in tactical missile programs , which partially were offset by performance on certain international air defense programs in 2006 .\noperating profit for the segment increased by 17% ( 17 % ) in 2006 compared to 2005 .\noperating profit increased by $ 74 million at ms2 mainly due to higher volume on surface systems and undersea programs .\npt&e operating profit increased $ 61 million mainly due to improved performance on distribution technology activities .\nhigher volume on air defense programs contributed to a $ 52 million increase in operating profit at m&fc .\nthe increase in backlog during 2007 over 2006 resulted primarily from increased orders for certain tactical missile programs and fire control systems at m&fc and platform integration programs at pt&e. .\n\nQuestion: what was the average operating profit from 2005 to 2007",
        "solution": "1250.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2010/page_117.pdf\n\nID: CB/2010/page_117.pdf-3\n\nPrevious Text:\ncredit facilities as our bermuda subsidiaries are not admitted insurers and reinsurers in the u.s. , the terms of certain u.s .\ninsurance and reinsurance contracts require them to provide collateral , which can be in the form of locs .\nin addition , ace global markets is required to satisfy certain u.s .\nregulatory trust fund requirements which can be met by the issuance of locs .\nlocs may also be used for general corporate purposes and to provide underwriting capacity as funds at lloyd 2019s .\nthe following table shows our main credit facilities by credit line , usage , and expiry date at december 31 , 2010 .\n( in millions of u.s .\ndollars ) credit line ( 1 ) usage expiry date .\n\nTable Data:\n[['( in millions of u.s . dollars )', 'creditline ( 1 )', 'usage', 'expiry date'], ['syndicated letter of credit facility', '$ 1000', '$ 574', 'nov . 2012'], ['revolving credit/loc facility ( 2 )', '500', '370', 'nov . 2012'], ['bilateral letter of credit facility', '500', '500', 'sept . 2014'], ['funds at lloyds 2019s capital facilities ( 3 )', '400', '340', 'dec . 2015'], ['total', '$ 2400', '$ 1784', '']]\n\nFollowing Text:\n( 1 ) certain facilities are guaranteed by operating subsidiaries and/or ace limited .\n( 2 ) may also be used for locs .\n( 3 ) supports ace global markets underwriting capacity for lloyd 2019s syndicate 2488 ( see discussion below ) .\nin november 2010 , we entered into four letter of credit facility agreements which collectively permit the issuance of up to $ 400 million of letters of credit .\nwe expect that most of the locs issued under the loc agreements will be used to support the ongoing funds at lloyd 2019s requirements of syndicate 2488 , but locs may also be used for other general corporate purposes .\nit is anticipated that our commercial facilities will be renewed on expiry but such renewals are subject to the availability of credit from banks utilized by ace .\nin the event that such credit support is insufficient , we could be required to provide alter- native security to clients .\nthis could take the form of additional insurance trusts supported by our investment portfolio or funds withheld using our cash resources .\nthe value of letters of credit required is driven by , among other things , statutory liabilities reported by variable annuity guarantee reinsurance clients , loss development of existing reserves , the payment pattern of such reserves , the expansion of business , and loss experience of such business .\nthe facilities in the table above require that we maintain certain covenants , all of which have been met at december 31 , 2010 .\nthese covenants include : ( i ) maintenance of a minimum consolidated net worth in an amount not less than the 201cminimum amount 201d .\nfor the purpose of this calculation , the minimum amount is an amount equal to the sum of the base amount ( currently $ 13.8 billion ) plus 25 percent of consolidated net income for each fiscal quarter , ending after the date on which the current base amount became effective , plus 50 percent of any increase in consolidated net worth during the same period , attributable to the issuance of common and preferred shares .\nthe minimum amount is subject to an annual reset provision .\n( ii ) maintenance of a maximum debt to total capitalization ratio of not greater than 0.35 to 1 .\nunder this covenant , debt does not include trust preferred securities or mezzanine equity , except where the ratio of the sum of trust preferred securities and mezzanine equity to total capitalization is greater than 15 percent .\nin this circumstance , the amount greater than 15 percent would be included in the debt to total capitalization ratio .\nat december 31 , 2010 , ( a ) the minimum consolidated net worth requirement under the covenant described in ( i ) above was $ 14.5 billion and our actual consolidated net worth as calculated under that covenant was $ 21.6 billion and ( b ) our ratio of debt to total capitalization was 0.167 to 1 , which is below the maximum debt to total capitalization ratio of 0.35 to 1 as described in ( ii ) above .\nour failure to comply with the covenants under any credit facility would , subject to grace periods in the case of certain covenants , result in an event of default .\nthis could require us to repay any outstanding borrowings or to cash collateralize locs under such facility .\na failure by ace limited ( or any of its subsidiaries ) to pay an obligation due for an amount exceeding $ 50 million would result in an event of default under all of the facilities described above .\nratings ace limited and its subsidiaries are assigned debt and financial strength ( insurance ) ratings from internationally recognized rating agencies , including s&p , a.m .\nbest , moody 2019s investors service , and fitch .\nthe ratings issued on our companies by these agencies are announced publicly and are available directly from the agencies .\nour internet site , www.acegroup.com .\n\nQuestion: what is the total credit line utilization rate?",
        "solution": "74.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UPS/2010/page_33.pdf\n\nID: UPS/2010/page_33.pdf-4\n\nPrevious Text:\nshareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .\nthe 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 .\nthe 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 .\ncomparison 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 .\n\nTable Data:\n[['', '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']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in percentage cumulative total shareowners 2019 returns for united parcel service inc . versus the standard & poor 2019s 500 index for the five years ended 12/31/10?",
        "solution": "-1.42%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: VRTX/2005/page_112.pdf\n\nID: VRTX/2005/page_112.pdf-3\n\nPrevious Text:\n\"distribution date\" ) .\nuntil the distribution date ( or earlier redemption or expiration of the rights ) , the rights will be traded with , and only with , the common stock .\nuntil a right is exercised , the right will not entitle the holder thereof to any rights as a stockholder .\nif any person or group becomes an acquiring person , each holder of a right , other than rights beneficially owned by the acquiring person , will thereafter have the right to receive upon exercise and payment of the purchase price that number of shares of common stock having a market value of two times the purchase price and , if the company is acquired in a business combination transaction or 50% ( 50 % ) or more of its assets are sold , each holder of a right will thereafter have the right to receive upon exercise and payment of the purchase price that number of shares of common stock of the acquiring company which at the time of the transaction will have a market value of two times the purchase price .\nat any time after any person becomes an acquiring person and prior to the acquisition by such person or group of 50% ( 50 % ) or more of the outstanding common stock , the board of directors of the company may cause the rights ( other than rights owned by such person or group ) to be exchanged , in whole or in part , for common stock or junior preferred shares , at an exchange rate of one share of common stock per right or one half of one-hundredth of a junior preferred share per right .\nat any time prior to the acquisition by a person or group of beneficial ownership of 15% ( 15 % ) or more of the outstanding common stock , the board of directors of the company may redeem the rights at a price of $ 0.01 per right .\nthe rights have certain anti-takeover effects , in that they will cause substantial dilution to a person or group that attempts to acquire a significant interest in vertex on terms not approved by the board of directors .\ncommon stock reserved for future issuance at december 31 , 2005 , the company has reserved shares of common stock for future issuance under all equity compensation plans as follows ( shares in thousands ) : o .\nsignificant revenue arrangements the company has formed strategic collaborations with pharmaceutical companies and other organizations in the areas of drug discovery , development , and commercialization .\nresearch , development and commercialization agreements provide the company with financial support and other valuable resources for its research programs and for the development of clinical drug candidates , and the marketing and sales of products .\ncollaborative research , development and commercialization agreements in the company's collaborative research , development and commercialization programs the company seeks to discover , develop and commercialize pharmaceutical products in conjunction with and supported by the company's collaborators .\ncollaborative research and development arrangements may provide research funding over an initial contract period with renewal and termination options that .\n\nTable Data:\n[['common stock under stock and option plans', '17739'], ['common stock under the vertex purchase plan', '842'], ['common stock under the vertex 401 ( k ) plan', '270'], ['total', '18851']]\n\nFollowing Text:\n.\n\nQuestion: what was the percent of the common stock under the vertex 401 ( k ) plan as part of the total common stock used for research funding",
        "solution": "1.43%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2019/page_71.pdf\n\nID: ADI/2019/page_71.pdf-2\n\nPrevious Text:\nexpected durations of less than one year .\nthe company generally offers a twelve-month warranty for its products .\nthe company 2019s warranty policy provides for replacement of defective products .\nspecific accruals are recorded forff known product warranty issues .\ntransaction price : the transaction price reflects the company 2019s expectations about the consideration it will be entitled to receive from the customer and may include fixed or variable amounts .\nfixed consideration primarily includes sales to direct customers and sales to distributors in which both the sale to the distributor and the sale to the end customer occur within the same reporting period .\nvariable consideration includes sales in which the amount of consideration that the company will receive is unknown as of the end of a reporting period .\nsuch consideration primarily includes credits issued to the distributor due to price protection and sales made to distributors under agreements that allow certain rights of return , referred to as stock rotation .\nprice protection represents price discounts granted to certain distributors to allow the distributor to earn an appropriate margin on sales negotiated with certain customers and in the event of a price decrease subsequent to the date the product was shipped and billed to the distributor .\nstock rotation allows distributors limited levels of returns in order to reduce the amounts of slow-moving , discontinued or obsolete product from their inventory .\na liability for distributor credits covering variable consideration is made based on the company's estimate of historical experience rates as well as considering economic conditions and contractual terms .\nto date , actual distributor claims activity has been materially consistent with the provisions the company has made based on its historical estimates .\nfor the years ended november 2 , 2019 and november 3 , 2018 , sales to distributors were $ 3.4 billion in both periods , net of variable consideration for which the liability balances as of november 2 , 2019 and november 3 , 2018 were $ 227.0 million and $ 144.9 million , respectively .\ncontract balances : accounts receivable represents the company 2019s unconditional right to receive consideration from its customers .\npayments are typically due within 30 to 45 days of invoicing and do not include a significant financing component .\nto date , there have been no material impairment losses on accounts receivable .\nthere were no material contract assets or contract liabilities recorded on the consolidated balance sheets in any of the periods presented .\nthe company generally warrants that products will meet their published specifications and that the company will repair or replace defective products for twelve-months from the date title passes to the customer .\nspecific accruals are recorded for known product warranty issues .\nproduct warranty expenses during fiscal 2019 , fiscal 2018 and fiscal 2017 were not material .\no .\naccumulated other compcc rehensive ( loss ) income accumulated other comprehensive ( loss ) income ( aoci ) includes certain transactions that have generally been reported in the consolidated statement of shareholders 2019 equity .\nthe components of aoci at november 2 , 2019 and november 3 , 2018 consisted of the following , net of tax : foreign currency translation adjustment unrealized holding gains ( losses ) on available for sale securities unrealized holding ( losses ) on derivatives pension plans total .\n\nTable Data:\n[['', 'foreign currency translation adjustment', 'unrealized holding gains ( losses ) on available for sale securities', 'unrealized holding gains ( losses ) on derivatives', 'pension plans', 'total'], ['november 3 2018', '$ -28711 ( 28711 )', '$ -10 ( 10 )', '$ -14355 ( 14355 )', '$ -15364 ( 15364 )', '$ -58440 ( 58440 )'], ['other comprehensive ( loss ) income before reclassifications', '-1365 ( 1365 )', '10', '-140728 ( 140728 )', '-31082 ( 31082 )', '-173165 ( 173165 )'], ['amounts reclassified out of other comprehensive loss', '2014', '2014', '9185', '1004', '10189'], ['tax effects', '2014', '2014', '27883', '5734', '33617'], ['other comprehensive ( loss ) income', '-1365 ( 1365 )', '10', '-103660 ( 103660 )', '-24344 ( 24344 )', '-129359 ( 129359 )'], ['november 2 2019', '$ -30076 ( 30076 )', '$ 2014', '$ -118015 ( 118015 )', '$ -39708 ( 39708 )', '$ -187799 ( 187799 )']]\n\nFollowing Text:\nnovember 2 , 2019 $ ( 30076 ) $ 2014 $ ( 118015 ) $ ( 39708 ) $ ( 187799 ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) analog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what is the net change in the liability balance from 2018 to 2019?",
        "solution": "82.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2014/page_45.pdf\n\nID: AON/2014/page_45.pdf-4\n\nPrevious Text:\nequity equity at december 31 , 2014 was $ 6.6 billion , a decrease of $ 1.6 billion from december 31 , 2013 .\nthe decrease resulted primarily due to share repurchases of $ 2.3 billion , $ 273 million of dividends to shareholders , and an increase in accumulated other comprehensive loss of $ 760 million , partially offset by net income of $ 1.4 billion .\nthe $ 760 million increase in accumulated other comprehensive loss from december 31 , 2013 , primarily reflects the following : 2022 negative net foreign currency translation adjustments of $ 504 million , which are attributable to the strengthening of the u.s .\ndollar against certain foreign currencies , 2022 an increase of $ 260 million in net post-retirement benefit obligations , 2022 net derivative gains of $ 5 million , and 2022 net investment losses of $ 1 million .\nreview by segment general we serve clients through the following segments : 2022 risk solutions acts as an advisor and insurance and reinsurance broker , helping clients manage their risks , via consultation , as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network .\n2022 hr solutions partners with organizations to solve their most complex benefits , talent and related financial challenges , and improve business performance by designing , implementing , communicating and administering a wide range of human capital , retirement , investment management , health care , compensation and talent management strategies .\nrisk solutions .\n\nTable Data:\n[['years ended december 31 ( millions except percentage data )', '2014', '2013', '2012'], ['revenue', '$ 7834', '$ 7789', '$ 7632'], ['operating income', '1648', '1540', '1493'], ['operating margin', '21.0% ( 21.0 % )', '19.8% ( 19.8 % )', '19.6% ( 19.6 % )']]\n\nFollowing Text:\nthe demand for property and casualty insurance generally rises as the overall level of economic activity increases and generally falls as such activity decreases , affecting both the commissions and fees generated by our brokerage business .\nthe economic activity that impacts property and casualty insurance is described as exposure units , and is most closely correlated with employment levels , corporate revenue and asset values .\nduring 2014 , pricing was flat on average globally , and we would still consider this to be a \"soft market.\" in a soft market , premium rates flatten or decrease , along with commission revenues , due to increased competition for market share among insurance carriers or increased underwriting capacity .\nchanges in premiums have a direct and potentially material impact on the insurance brokerage industry , as commission revenues are generally based on a percentage of the premiums paid by insureds .\nadditionally , continuing through 2014 , we faced difficult conditions as a result of continued weakness in the global economy , the repricing of credit risk and the deterioration of the financial markets .\nweak economic conditions in many markets around the globe have reduced our customers' demand for our retail brokerage and reinsurance brokerage products , which have had a negative impact on our operational results .\nrisk solutions generated approximately 65% ( 65 % ) of our consolidated total revenues in 2014 .\nrevenues are generated primarily through fees paid by clients , commissions and fees paid by insurance and reinsurance companies , and investment income on funds held on behalf of clients .\nour revenues vary from quarter to quarter throughout the year as a result of the timing of our clients' policy renewals , the net effect of new and lost business , the timing of services provided to our clients , and the income we earn on investments , which is heavily influenced by short-term interest rates .\nwe operate in a highly competitive industry and compete with many retail insurance brokerage and agency firms , as well as with individual brokers , agents , and direct writers of insurance coverage .\nspecifically , we address the highly specialized .\n\nQuestion: what is the difference between the average and the 2014's operating margin?",
        "solution": "0.87%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AES/2001/page_77.pdf\n\nID: AES/2001/page_77.pdf-2\n\nPrevious Text:\nover 1 million customers .\nedc also provides 2265 mw of installed capacity through its generation facilities in venezuela .\nthe purchase price allocation was as follows ( in millions ) : .\n\nTable Data:\n[['purchase price', '$ 1700'], [\"less : stockholders' equity of edc\", ''], ['capital stock', '-508 ( 508 )'], ['paid-in surplus', '-245 ( 245 )'], ['retained earnings', '-1353 ( 1353 )'], ['treasury stock', '323'], ['adjustment of assets and liabilities to fair value:', ''], ['property and equipment', '-1578 ( 1578 )'], ['deferred income tax asset', '231'], ['employee severance plan', '157'], ['investment in subsidiaries', '36'], ['elimination of intangible asset 2013 goodwill', '7'], ['other net assets', '-51 ( 51 )'], ['goodwill 2013 negative', '$ -1281 ( 1281 )']]\n\nFollowing Text:\nproperty and equipment was reduced by the negative goodwill .\nthe cost of the acquisition was allocated on the basis of estimated fair value of the assets acquired and liabilities assumed , primarily based upon an independent appraisal .\nas of december 31 , 2000 , the severance plan was completed and the workforce was reduced by approximately 2500 people .\nall of the costs associated with the plan were recorded during 2000 , and all of the cash payments were made in 2000 .\nin august 2000 , a subsidiary of the company completed the acquisition of a 59% ( 59 % ) equity interest in a hidroelectrica alicura s.a .\n( 2018 2018alicura 2019 2019 ) in argentina from southern energy , inc .\nand its partners .\nalicura operates a 1000 mw peaking hydro facility located in the province of neuquen , argentina .\nthe purchase price of approximately $ 205 million includes the assumption of existing non-recourse debt .\nin december 2000 a subsidiary of the company acquired an additional 39% ( 39 % ) ownership interest in alicura , 19.5% ( 19.5 % ) ownership interests each from the federal government of argentina and the province of neuquen , for approximately $ 9 million .\nat december 31 , 2000 , the company 2019s ownership interest was 98% ( 98 % ) .\nthe employees of alicura own the remaining 2% ( 2 % ) .\nall of the purchase price was allocated to property , plant and equipment and is being depreciated over the useful life .\nin october 2000 , a subsidiary of the company completed the acquisition of reliant energy international 2019s 50% ( 50 % ) interest in el salvador energy holdings , s.a .\n( 2018 2018eseh 2019 2019 ) that owns three distribution companies in el salvador .\nthe purchase price for this interest in eseh was approximately $ 173 million .\nthe three distribution companies , compania de alumbrado electrico de san salvador , s.a .\nde c.v. , empresa electrica de oriente , s.a .\nde c.v .\nand distribuidora electrica de usulutan , s.a .\nde c.v .\nserve 3.5 million people , approximately 60% ( 60 % ) of the population of el salvador , including the capital city of san salvador .\na subsidiary of the company had previously acquired a 50% ( 50 % ) interest in eseh through its acquisition of edc .\nthrough the purchase of reliant energy international 2019s ownership interest , the company owns a controlling interest in the three distribution companies .\nthe total purchase price for 100% ( 100 % ) of the interest in eseh approximated $ 325 million , of which approximately $ 176 million was allocated to goodwill and is being amortized over 40 years .\nin december 2000 , the company acquired all of the outstanding shares of kmr power corporation ( 2018 2018kmr 2019 2019 ) , including the buyout of a minority partner in one of kmr 2019s subsidiaries , for approximately $ 64 million and assumed long-term liabilities of approximately $ 245 million .\nthe acquisition was financed through the issuance of approximately 699000 shares of aes common stock and cash .\nkmr owns a controlling interest in two gas-fired power plants located in cartagena , colombia : a 100% ( 100 % ) interest in the 314 mw termocandelaria power plant and a 66% ( 66 % ) interest in the 100 .\n\nQuestion: what was the total price for the kmr power corporation purchase in millions?",
        "solution": "309"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2010/page_132.pdf\n\nID: JPM/2010/page_132.pdf-3\n\nPrevious Text:\nmanagement 2019s discussion and analysis 132 jpmorgan chase & co./2010 annual report unpaid principal balance due to negative amortization of option arms was $ 24 million and $ 78 million at december 31 , 2010 and 2009 , respectively .\nthe firm estimates the following balances of option arm loans will experience a recast that results in a payment increase : $ 72 million in 2011 , $ 241 million in 2012 and $ 784 million in 2013 .\nthe firm did not originate option arms and new originations of option arms were discontinued by washington mutual prior to the date of jpmorgan chase 2019s acquisition of its banking operations .\nsubprime mortgages at december 31 , 2010 were $ 11.3 billion , compared with $ 12.5 billion at december 31 , 2009 .\nthe decrease was due to paydowns and charge-offs on delinquent loans , partially offset by the addition of loans as a result of the adoption of the accounting guidance related to vies .\nlate-stage delinquencies remained elevated but continued to improve , albeit at a slower rate during the second half of the year , while early-stage delinquencies stabilized at an elevated level during this period .\nnonaccrual loans improved largely as a result of the improvement in late-stage delinquencies .\ncharge-offs reflected modest improvement .\nauto : auto loans at december 31 , 2010 , were $ 48.4 billion , compared with $ 46.0 billion at december 31 , 2009 .\ndelinquent and nonaccrual loans have decreased .\nin addition , net charge-offs have declined 52% ( 52 % ) from the prior year .\nprovision expense de- creased due to favorable loss severity as a result of a strong used- car market nationwide and reduced loss frequency due to the tightening of underwriting criteria in earlier periods .\nthe auto loan portfolio reflected a high concentration of prime quality credits .\nbusiness banking : business banking loans at december 31 , 2010 , were $ 16.8 billion , compared with $ 17.0 billion at december 31 , 2009 .\nthe decrease was primarily a result of run-off of the washington mutual portfolio and charge-offs on delinquent loans .\nthese loans primarily include loans which are highly collateralized , often with personal loan guarantees .\nnonaccrual loans continued to remain elevated .\nafter having increased during the first half of 2010 , nonaccrual loans as of december 31 , 2010 , declined to year-end 2009 levels .\nstudent and other : student and other loans at december 31 , 2010 , including loans held-for-sale , were $ 15.3 billion , compared with $ 16.4 billion at december 31 , 2009 .\nother loans primarily include other secured and unsecured consumer loans .\ndelinquencies reflected some stabilization in the second half of 2010 , but remained elevated .\ncharge-offs during 2010 remained relatively flat with 2009 levels reflecting the impact of elevated unemployment levels .\npurchased credit-impaired loans : pci loans at december 31 , 2010 , were $ 72.8 billion compared with $ 81.2 billion at december 31 , 2009 .\nthis portfolio represents loans acquired in the washing- ton mutual transaction that were recorded at fair value at the time of acquisition .\nthat fair value included an estimate of credit losses expected to be realized over the remaining lives of the loans , and therefore no allowance for loan losses was recorded for these loans as of the acquisition date .\nthe firm regularly updates the amount of principal and interest cash flows expected to be collected for these loans .\nprobable decreases in expected loan principal cash flows would trigger the recognition of impairment through the provision for loan losses .\nprobable and significant increases in expected cash flows ( e.g. , decreased principal credit losses , the net benefit of modifications ) would first reverse any previously recorded allowance for loan losses , with any remaining increase in the expected cash flows recognized prospectively in interest income over the remaining estimated lives of the underlying loans .\nduring 2010 , management concluded as part of the firm 2019s regular assessment of the pci pools that it was probable that higher expected principal credit losses would result in a decrease in expected cash flows .\naccordingly , the firm recognized an aggregate $ 3.4 billion impairment related to the home equity , prime mortgage , option arm and subprime mortgage pci portfolios .\nas a result of this impairment , the firm 2019s allowance for loan losses for the home equity , prime mortgage , option arm and subprime mortgage pci portfolios was $ 1.6 billion , $ 1.8 billion , $ 1.5 billion and $ 98 million , respectively , at december 31 , 2010 , compared with an allowance for loan losses of $ 1.1 billion and $ 491 million for the prime mortgage and option arm pci portfolios , respectively , at december 31 , 2009 .\napproximately 39% ( 39 % ) of the option arm borrowers were delinquent , 5% ( 5 % ) were making interest-only or negatively amortizing payments , and 56% ( 56 % ) were making amortizing payments .\napproximately 50% ( 50 % ) of current borrowers are subject to risk of payment shock due to future payment recast ; substantially all of the remaining loans have been modified to a fixed rate fully amortizing loan .\nthe cumulative amount of unpaid interest added to the unpaid principal balance of the option arm pci pool was $ 1.4 billion and $ 1.9 billion at de- cember 31 , 2010 and 2009 , respectively .\nthe firm estimates the following balances of option arm pci loans will experience a recast that results in a payment increase : $ 1.2 billion in 2011 , $ 2.7 billion in 2012 and $ 508 million in 2013 .\nthe following table provides a summary of lifetime loss estimates included in both the nonaccretable difference and the allowance for loan losses .\nprincipal charge-offs will not be recorded on these pools until the nonaccretable difference has been fully depleted .\nlifetime loss estimates ( a ) ltd liquidation losses ( b ) .\n\nTable Data:\n[['december 31 ( in millions )', 'lifetime loss estimates ( a ) 2010', 'lifetime loss estimates ( a ) 2009', 'lifetime loss estimates ( a ) 2010', '2009'], ['option arms', '$ 11588', '$ 10650', '$ 4860', '$ 1744'], ['home equity', '14698', '13138', '8810', '6060'], ['prime mortgage', '4870', '4240', '1495', '794'], ['subprime mortgage', '3732', '3842', '1250', '796'], ['total', '$ 34888', '$ 31870', '$ 16415', '$ 9394']]\n\nFollowing Text:\n( a ) includes the original nonaccretable difference established in purchase accounting of $ 30.5 billion for principal losses only .\nthe remaining nonaccretable difference for principal losses only was $ 14.1 billion and $ 21.1 billion at december 31 , 2010 and 2009 , respectively .\nall probable increases in principal losses and foregone interest subsequent to the purchase date are reflected in the allowance for loan losses .\n( b ) life-to-date ( 201cltd 201d ) liquidation losses represent realization of loss upon loan resolution. .\n\nQuestion: in 2010 what was the percent of the lifetime loss estimates from home equity",
        "solution": "42.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LLY/2008/page_39.pdf\n\nID: LLY/2008/page_39.pdf-3\n\nPrevious Text:\non the underlying exposure .\nfor derivative contracts that are designated and qualify as cash fl ow hedges , the effective portion of gains and losses on these contracts is reported as a component of other comprehensive income and reclassifi ed into earnings in the same period the hedged transaction affects earnings .\nhedge ineffectiveness is immediately recognized in earnings .\nderivative contracts that are not designated as hedging instruments are recorded at fair value with the gain or loss recognized in current earnings during the period of change .\nwe may enter into foreign currency forward and option contracts to reduce the effect of fl uctuating currency exchange rates ( principally the euro , the british pound , and the japanese yen ) .\nforeign currency derivatives used for hedging are put in place using the same or like currencies and duration as the underlying exposures .\nforward contracts are principally used to manage exposures arising from subsidiary trade and loan payables and receivables denominated in foreign currencies .\nthese contracts are recorded at fair value with the gain or loss recognized in other 2014net .\nthe purchased option contracts are used to hedge anticipated foreign currency transactions , primarily intercompany inventory activities expected to occur within the next year .\nthese contracts are designated as cash fl ow hedges of those future transactions and the impact on earnings is included in cost of sales .\nwe may enter into foreign currency forward contracts and currency swaps as fair value hedges of fi rm commitments .\nforward and option contracts generally have maturities not exceeding 12 months .\nin the normal course of business , our operations are exposed to fl uctuations in interest rates .\nthese fl uctuations can vary the costs of fi nancing , investing , and operating .\nwe address a portion of these risks through a controlled program of risk management that includes the use of derivative fi nancial instruments .\nthe objective of controlling these risks is to limit the impact of fl uctuations in interest rates on earnings .\nour primary interest rate risk exposure results from changes in short-term u.s .\ndollar interest rates .\nin an effort to manage interest rate exposures , we strive to achieve an acceptable balance between fi xed and fl oating rate debt and investment positions and may enter into interest rate swaps or collars to help maintain that balance .\ninterest rate swaps or collars that convert our fi xed- rate debt or investments to a fl oating rate are designated as fair value hedges of the underlying instruments .\ninterest rate swaps or collars that convert fl oating rate debt or investments to a fi xed rate are designated as cash fl ow hedg- es .\ninterest expense on the debt is adjusted to include the payments made or received under the swap agreements .\ngoodwill and other intangibles : goodwill is not amortized .\nall other intangibles arising from acquisitions and research alliances have fi nite lives and are amortized over their estimated useful lives , ranging from 5 to 20 years , using the straight-line method .\nthe weighted-average amortization period for developed product technology is approximately 12 years .\namortization expense for 2008 , 2007 , and 2006 was $ 193.4 million , $ 172.8 million , and $ 7.6 million before tax , respectively .\nthe estimated amortization expense for each of the fi ve succeeding years approximates $ 280 million before tax , per year .\nsubstantially all of the amortization expense is included in cost of sales .\nsee note 3 for further discussion of goodwill and other intangibles acquired in 2008 and 2007 .\ngoodwill and other intangible assets at december 31 were as follows: .\n\nTable Data:\n[['', '2008', '2007'], ['goodwill', '$ 1167.5', '$ 745.7'], ['developed product technology 2014 gross', '3035.4', '1767.5'], ['less accumulated amortization', '-346.6 ( 346.6 )', '-162.6 ( 162.6 )'], ['developed product technology 2014 net', '2688.8', '1604.9'], ['other intangibles 2014 gross', '243.2', '142.8'], ['less accumulated amortization', '-45.4 ( 45.4 )', '-38.0 ( 38.0 )'], ['other intangibles 2014 net', '197.8', '104.8'], ['total intangibles 2014 net', '$ 4054.1', '$ 2455.4']]\n\nFollowing Text:\ngoodwill and net other intangibles are reviewed to assess recoverability at least annually and when certain impairment indicators are present .\nno signifi cant impairments occurred with respect to the carrying value of our goodwill or other intangible assets in 2008 , 2007 , or 2006 .\nproperty and equipment : property and equipment is stated on the basis of cost .\nprovisions for depreciation of buildings and equipment are computed generally by the straight-line method at rates based on their estimated useful lives ( 12 to 50 years for buildings and 3 to 18 years for equipment ) .\nwe review the carrying value of long-lived assets for potential impairment on a periodic basis and whenever events or changes in circumstances indicate the .\n\nQuestion: what was the percent of increase in the amortization expense from 2007 to 2008",
        "solution": "11.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HIG/2012/page_132.pdf\n\nID: HIG/2012/page_132.pdf-1\n\nPrevious Text:\ntable of contents statutory surplus the table below sets forth statutory surplus for the company 2019s insurance companies as of december 31 , 2012 and 2011: .\n\nTable Data:\n[['', '2012', '2011'], ['u.s . life insurance subsidiaries includes domestic captive insurance subsidiaries', '$ 6410', '$ 7388'], ['property and casualty insurance subsidiaries', '7645', '7412'], ['total', '$ 14055', '$ 14800']]\n\nFollowing Text:\nstatutory capital and surplus for the u.s .\nlife insurance subsidiaries , including domestic captive insurance subsidiaries , decreased by $ 978 , primarily due to variable annuity surplus impacts of approximately $ 425 , a $ 200 increase in reserves on a change in valuation basis , $ 200 transfer of the mutual funds business from the u.s .\nlife insurance companies to the life holding company , and an increase in the asset valuation reserve of $ 115 .\nas a result of the january 2013 statutory gain from the sale of the retirement plans and individual life businesses , the company's pro forma january 2 , 2013 u.s .\nlife statutory surplus was estimated to be $ 8.1 billion , before approximately $ 1.5 billion in extraordinary dividends and return of capital to hfsg holding company .\nstatutory capital and surplus for the property and casualty insurance subsidiaries increased by $ 233 , primarily due to statutory net income , after tax , of $ 727 , unrealized gains of $ 249 , and an increase in statutory admitted deferred tax assets of $ 77 , capital contributions of $ 14 , and an increase of statutory admitted assets of $ 7 , partially offset by dividends to the hfsg holding company of $ 841 .\nboth net income and dividends are net of interest payments and dividends , respectively , on an intercompany note between hartford holdings , inc .\nand hartford fire insurance company .\nthe company also holds regulatory capital and surplus for its operations in japan .\nunder the accounting practices and procedures governed by japanese regulatory authorities , the company 2019s statutory capital and surplus was $ 1.1 billion and $ 1.3 billion as of december 31 , 2012 and 2011 , respectively .\nstatutory capital the company 2019s stockholders 2019 equity , as prepared using u.s .\ngenerally accepted accounting principles ( 201cu.s .\ngaap 201d ) was $ 22.4 billion as of december 31 , 2012 .\nthe company 2019s estimated aggregate statutory capital and surplus , as prepared in accordance with the national association of insurance commissioners 2019 accounting practices and procedures manual ( 201cu.s .\nstat 201d ) was $ 14.1 billion as of december 31 , 2012 .\nsignificant differences between u.s .\ngaap stockholders 2019 equity and aggregate statutory capital and surplus prepared in accordance with u.s .\nstat include the following : 2022 u.s .\nstat excludes equity of non-insurance and foreign insurance subsidiaries not held by u.s .\ninsurance subsidiaries .\n2022 costs incurred by the company to acquire insurance policies are deferred under u.s .\ngaap while those costs are expensed immediately under u.s .\n2022 temporary differences between the book and tax basis of an asset or liability which are recorded as deferred tax assets are evaluated for recoverability under u.s .\ngaap while those amounts deferred are subject to limitations under u.s .\nstat .\n2022 the assumptions used in the determination of life benefit reserves is prescribed under u.s .\nstat , while the assumptions used under u.s .\ngaap are generally the company 2019s best estimates .\nthe methodologies for determining life insurance reserve amounts may also be different .\nfor example , reserving for living benefit reserves under u.s .\nstat is generally addressed by the commissioners 2019 annuity reserving valuation methodology and the related actuarial guidelines , while under u.s .\ngaap , those same living benefits may be considered embedded derivatives and recorded at fair value or they may be considered sop 03-1 reserves .\nthe sensitivity of these life insurance reserves to changes in equity markets , as applicable , will be different between u.s .\ngaap and u.s .\nstat .\n2022 the difference between the amortized cost and fair value of fixed maturity and other investments , net of tax , is recorded as an increase or decrease to the carrying value of the related asset and to equity under u.s .\ngaap , while u.s .\nstat only records certain securities at fair value , such as equity securities and certain lower rated bonds required by the naic to be recorded at the lower of amortized cost or fair value .\n2022 u.s .\nstat for life insurance companies establishes a formula reserve for realized and unrealized losses due to default and equity risks associated with certain invested assets ( the asset valuation reserve ) , while u.s .\ngaap does not .\nalso , for those realized gains and losses caused by changes in interest rates , u.s .\nstat for life insurance companies defers and amortizes the gains and losses , caused by changes in interest rates , into income over the original life to maturity of the asset sold ( the interest maintenance reserve ) while u.s .\ngaap does not .\n2022 goodwill arising from the acquisition of a business is tested for recoverability on an annual basis ( or more frequently , as necessary ) for u.s .\ngaap , while under u.s .\nstat goodwill is amortized over a period not to exceed 10 years and the amount of goodwill is limited. .\n\nQuestion: as of december 312012 what was the percent of the total statutory surplus for the company 2019s insurance companies property and casualty insurance subsidiaries",
        "solution": "54.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2009/page_233.pdf\n\nID: CB/2009/page_233.pdf-2\n\nPrevious Text:\ns c h e d u l e i v ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2009 , 2008 , and 2007 ( in millions of u.s .\ndollars , except for percentages ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to .\n\nTable Data:\n[['for the years ended december 31 2009 2008 and 2007 ( in millions of u.s . dollars except for percentages )', 'direct amount', 'ceded to other companies', 'assumed from other companies', 'net amount', 'percentage of amount assumed to net'], ['2009', '$ 15415', '$ 5943', '$ 3768', '$ 13240', '28% ( 28 % )'], ['2008', '$ 16087', '$ 6144', '$ 3260', '$ 13203', '25% ( 25 % )'], ['2007', '$ 14673', '$ 5834', '$ 3458', '$ 12297', '28% ( 28 % )']]\n\nFollowing Text:\n.\n\nQuestion: in 2009 what was the ratio of the direct amount to the amount ceded to other companies",
        "solution": "2.6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2009/page_21.pdf\n\nID: ETR/2009/page_21.pdf-1\n\nPrevious Text:\nentergy corporation and subsidiaries management's financial discussion and analysis the purchased power capacity variance is primarily due to higher capacity charges .\na portion of the variance is due to the amortization of deferred capacity costs and is offset in base revenues due to base rate increases implemented to recover incremental deferred and ongoing purchased power capacity charges .\nthe volume/weather variance is primarily due to the effect of less favorable weather compared to the same period in 2007 and decreased electricity usage primarily during the unbilled sales period .\nhurricane gustav and hurricane ike , which hit the utility's service territories in september 2008 , contributed an estimated $ 46 million to the decrease in electricity usage .\nindustrial sales were also depressed by the continuing effects of the hurricanes and , especially in the latter part of the year , because of the overall decline of the economy , leading to lower usage in the latter part of the year affecting both the large customer industrial segment as well as small and mid-sized industrial customers .\nthe decreases in electricity usage were partially offset by an increase in residential and commercial customer electricity usage that occurred during the periods of the year not affected by the hurricanes .\nthe retail electric price variance is primarily due to : an increase in the attala power plant costs recovered through the power management rider by entergy mississippi .\nthe net income effect of this recovery is limited to a portion representing an allowed return on equity with the remainder offset by attala power plant costs in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes ; a storm damage rider that became effective in october 2007 at entergy mississippi ; and an energy efficiency rider that became effective in november 2007 at entergy arkansas .\nthe establishment of the storm damage rider and the energy efficiency rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense with no impact on net income .\nthe retail electric price variance was partially offset by : the absence of interim storm recoveries through the formula rate plans at entergy louisiana and entergy gulf states louisiana which ceased upon the act 55 financing of storm costs in the third quarter 2008 ; and a credit passed on to customers as a result of the act 55 storm cost financings .\nrefer to \"liquidity and capital resources - hurricane katrina and hurricane rita\" below and note 2 to the financial statements for a discussion of the interim recovery of storm costs and the act 55 storm cost financings .\nnon-utility nuclear following is an analysis of the change in net revenue comparing 2008 to 2007 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2007 net revenue', '$ 1839'], ['realized price changes', '309'], ['palisades acquisition', '98'], ['volume variance ( other than palisades )', '73'], ['fuel expenses ( other than palisades )', '-19 ( 19 )'], ['other', '34'], ['2008 net revenue', '$ 2334']]\n\nFollowing Text:\nas shown in the table above , net revenue for non-utility nuclear increased by $ 495 million , or 27% ( 27 % ) , in 2008 compared to 2007 primarily due to higher pricing in its contracts to sell power , additional production available from the acquisition of palisades in april 2007 , and fewer outage days .\nin addition to the refueling outages shown in the .\n\nQuestion: what portion of the increase in net revenue from non-utility nuclear is attributed to the change in realized price?",
        "solution": "62.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2014/page_47.pdf\n\nID: LMT/2014/page_47.pdf-2\n\nPrevious Text:\nis&gs 2019 operating profit decreased $ 60 million , or 8% ( 8 % ) , for 2014 compared to 2013 .\nthe decrease was primarily attributable to the activities mentioned above for sales , lower risk retirements and reserves recorded on an international program , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million for 2014 .\nadjustments not related to volume , including net profit booking rate adjustments , were approximately $ 30 million lower for 2014 compared to 2013 .\n2013 compared to 2012 is&gs 2019 net sales decreased $ 479 million , or 5% ( 5 % ) , for 2013 compared to 2012 .\nthe decrease was attributable to lower net sales of about $ 495 million due to decreased volume on various programs ( command and control programs for classified customers , ngi and eram programs ) ; and approximately $ 320 million due to the completion of certain programs ( such as total information processing support services , the transportation worker identification credential and the outsourcing desktop initiative for nasa ) .\nthe decrease was partially offset by higher net sales of about $ 340 million due to the start-up of certain programs ( such as the disa gsm-o and the national science foundation antarctic support ) .\nis&gs 2019 operating profit decreased $ 49 million , or 6% ( 6 % ) , for 2013 compared to 2012 .\nthe decrease was primarily attributable to lower operating profit of about $ 55 million due to certain programs nearing the end of their life cycles , partially offset by higher operating profit of approximately $ 15 million due to the start-up of certain programs .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were comparable for 2013 compared to 2012 .\nbacklog backlog increased in 2014 compared to 2013 primarily due to several multi-year international awards and various u.s .\nmulti-year extensions .\nthis increase was partially offset by declining activities on various direct warfighter support and command and control programs impacted by defense budget reductions .\nbacklog decreased in 2013 compared to 2012 primarily due to lower orders on several programs ( such as eram and ngi ) , higher sales on certain programs ( the national science foundation antarctic support and the disa gsm-o ) and declining activities on several smaller programs primarily due to the continued downturn in federal information technology budgets .\ntrends we expect is&gs 2019 net sales to decline in 2015 in the low to mid single digit percentage range as compared to 2014 , primarily driven by the continued downturn in federal information technology budgets , an increasingly competitive environment , including the disaggregation of existing contracts , and new contract award delays , partially offset by increased sales resulting from acquisitions that occurred during the year .\noperating profit is expected to decline in the low double digit percentage range in 2015 primarily driven by volume and an increase in intangible amortization from 2014 acquisition activity , resulting in 2015 margins that are lower than 2014 results .\nmissiles and fire control our mfc business segment provides air and missile defense systems ; tactical missiles and air-to-ground precision strike weapon systems ; logistics and other technical services ; fire control systems ; mission operations support , readiness , engineering support and integration services ; and manned and unmanned ground vehicles .\nmfc 2019s major programs include pac-3 , thaad , multiple launch rocket system , hellfire , jassm , javelin , apache , sniper ae , low altitude navigation and targeting infrared for night ( lantirn ae ) and sof clss .\nmfc 2019s operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2014', '2013', '2012'], ['net sales', '$ 7680', '$ 7757', '$ 7457'], ['operating profit', '1358', '1431', '1256'], ['operating margins', '17.7% ( 17.7 % )', '18.4% ( 18.4 % )', '16.8% ( 16.8 % )'], ['backlog at year-end', '$ 13600', '$ 15000', '$ 14700']]\n\nFollowing Text:\n2014 compared to 2013 mfc 2019s net sales for 2014 decreased $ 77 million , or 1% ( 1 % ) , compared to 2013 .\nthe decrease was primarily attributable to lower net sales of approximately $ 385 million for technical services programs due to decreased volume reflecting market pressures ; and about $ 115 million for tactical missile programs due to fewer deliveries ( primarily high mobility artillery .\n\nQuestion: what is the growth rate in operating profit for mfc in 2013?",
        "solution": "13.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2014/page_16.pdf\n\nID: RCL/2014/page_16.pdf-3\n\nPrevious Text:\nroyal caribbean cruises ltd .\n15 from two to 17 nights throughout south america , the caribbean and europe .\nadditionally , we announced that majesty of the seas will be redeployed from royal caribbean international to pullmantur in 2016 .\npullmantur serves the contemporary segment of the spanish , portuguese and latin american cruise mar- kets .\npullmantur 2019s strategy is to attract cruise guests from these target markets by providing a variety of cruising options and onboard activities directed at couples and families traveling with children .\nover the last few years , pullmantur has systematically increased its focus on latin america and has expanded its pres- ence in that market .\nin order to facilitate pullmantur 2019s ability to focus on its core cruise business , on march 31 , 2014 , pullmantur sold the majority of its interest in its non-core busi- nesses .\nthese non-core businesses included pullmantur 2019s land-based tour operations , travel agency and 49% ( 49 % ) interest in its air business .\nin connection with the sale agreement , we retained a 19% ( 19 % ) interest in each of the non-core businesses as well as 100% ( 100 % ) ownership of the aircraft which are being dry leased to pullmantur air .\nsee note 1 .\ngeneral and note 6 .\nother assets to our consolidated financial statements under item 8 .\nfinancial statements and supplementary data for further details .\ncdf croisi e8res de france we currently operate two ships with an aggregate capacity of approximately 2800 berths under our cdf croisi e8res de france brand .\ncdf croisi e8res de france offers seasonal itineraries to the mediterranean , europe and caribbean .\nduring the winter season , zenith is deployed to the pullmantur brand for sailings in south america .\ncdf croisi e8res de france is designed to serve the contemporary segment of the french cruise market by providing a brand tailored for french cruise guests .\ntui cruises tui cruises is a joint venture owned 50% ( 50 % ) by us and 50% ( 50 % ) by tui ag , a german tourism and shipping com- pany , and is designed to serve the contemporary and premium segments of the german cruise market by offering a product tailored for german guests .\nall onboard activities , services , shore excursions and menu offerings are designed to suit the preferences of this target market .\ntui cruises operates three ships , mein schiff 1 , mein schiff 2 and mein schiff 3 , with an aggregate capacity of approximately 6300 berths .\nin addition , tui cruises currently has three newbuild ships on order at the finnish meyer turku yard with an aggregate capacity of approximately 7500 berths : mein schiff 4 , scheduled for delivery in the second quarter of 2015 , mein schiff 5 , scheduled for delivery in the third quarter of 2016 and mein schiff 6 , scheduled for delivery in the second quarter of 2017 .\nin november 2014 , we formed a strategic partnership with ctrip.com international ltd .\n( 201cctrip 201d ) , a chinese travel service provider , to operate a new cruise brand known as skysea cruises .\nskysea cruises will offer a custom-tailored product for chinese cruise guests operating the ship purchased from celebrity cruises .\nthe new cruise line will begin service in the second quarter of 2015 .\nwe and ctrip each own 35% ( 35 % ) of the new company , skysea holding , with the balance being owned by skysea holding management and a private equity fund .\nindustry cruising is considered a well-established vacation sector in the north american market , a growing sec- tor over the long term in the european market and a developing but promising sector in several other emerging markets .\nindustry data indicates that market penetration rates are still low and that a significant portion of cruise guests carried are first-time cruisers .\nwe believe this presents an opportunity for long-term growth and a potential for increased profitability .\nthe following table details market penetration rates for north america and europe computed based on the number of annual cruise guests as a percentage of the total population : america ( 1 ) europe ( 2 ) .\n\nTable Data:\n[['year', 'north america ( 1 )', 'europe ( 2 )'], ['2010', '3.1% ( 3.1 % )', '1.1% ( 1.1 % )'], ['2011', '3.4% ( 3.4 % )', '1.1% ( 1.1 % )'], ['2012', '3.3% ( 3.3 % )', '1.2% ( 1.2 % )'], ['2013', '3.4% ( 3.4 % )', '1.2% ( 1.2 % )'], ['2014', '3.5% ( 3.5 % )', '1.3% ( 1.3 % )']]\n\nFollowing Text:\n( 1 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and cruise lines international association ( 201cclia 201d ) .\nrates are based on cruise guests carried for at least two consecutive nights .\nincludes the united states of america and canada .\n( 2 ) source : our estimates are based on a combination of data obtained from publicly available sources including the interna- tional monetary fund and clia europe , formerly european cruise council .\nwe estimate that the global cruise fleet was served by approximately 457000 berths on approximately 283 ships at the end of 2014 .\nthere are approximately 33 ships with an estimated 98650 berths that are expected to be placed in service in the global cruise market between 2015 and 2019 , although it is also possible that ships could be ordered or taken out of service during these periods .\nwe estimate that the global cruise industry carried 22.0 million cruise guests in 2014 compared to 21.3 million cruise guests carried in 2013 and 20.9 million cruise guests carried in 2012 .\npart i .\n\nQuestion: how many berths per ship , to the nearest whole number , should be expected in global cruise market between 2015-2019 , assuming each ship has the same amount?",
        "solution": "2989"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADI/2010/page_90.pdf\n\nID: ADI/2010/page_90.pdf-3\n\nPrevious Text:\nof global business , there are many transactions and calculations where the ultimate tax outcome is uncertain .\nsome of these uncertainties arise as a consequence of cost reimbursement arrangements among related entities .\nalthough the company believes its estimates are reasonable , no assurance can be given that the final tax outcome of these matters will not be different than that which is reflected in the historical income tax provisions and accruals .\nsuch differences could have a material impact on the company 2019s income tax provision and operating results in the period in which such determination is made .\non november 4 , 2007 ( the first day of its 2008 fiscal year ) , the company adopted new accounting principles on accounting for uncertain tax positions .\nthese principles require companies to determine whether it is 201cmore likely than not 201d that a tax position will be sustained upon examination by the appropriate taxing authorities before any benefit can be recorded in the financial statements .\nan uncertain income tax position will not be recognized if it has less than a 50% ( 50 % ) likelihood of being sustained .\nthere were no changes to the company 2019s liabilities for uncertain tax positions as a result of the adoption of these provisions .\nas of october 30 , 2010 and october 31 , 2009 , the company had a liability of $ 18.4 million and $ 18.2 million , respectively , for gross unrealized tax benefits , all of which , if settled in the company 2019s favor , would lower the company 2019s effective tax rate in the period recorded .\nin addition , as of october 30 , 2010 and october 31 , 2009 , the company had a liability of approximately $ 9.8 million and $ 8.0 million , respectively , for interest and penalties .\nthe total liability as of october 30 , 2010 and october 31 , 2009 of $ 28.3 million and $ 26.2 million , respectively , for uncertain tax positions is classified as non-current , and is included in other non-current liabilities , because the company believes that the ultimate payment or settlement of these liabilities will not occur within the next twelve months .\nprior to the adoption of these provisions , these amounts were included in current income tax payable .\nthe company includes interest and penalties related to unrecognized tax benefits within the provision for taxes in the condensed consolidated statements of income , and as a result , no change in classification was made upon adopting these provisions .\nthe condensed consolidated statements of income for fiscal years 2010 , 2009 and 2008 include $ 1.8 million , $ 1.7 million and $ 1.3 million , respectively , of interest and penalties related to these uncertain tax positions .\ndue to the complexity associated with its tax uncertainties , the company cannot make a reasonably reliable estimate as to the period in which it expects to settle the liabilities associated with these uncertain tax positions .\nthe following table summarizes the changes in the total amounts of uncertain tax positions for fiscal 2008 through fiscal 2010. .\n\nTable Data:\n[['balance november 3 2007', '$ 9889'], ['additions for tax positions of 2008', '3861'], ['balance november 1 2008', '13750'], ['additions for tax positions of 2009', '4411'], ['balance october 31 2009', '18161'], ['additions for tax positions of 2010', '286'], ['balance october 30 2010', '$ 18447']]\n\nFollowing Text:\nfiscal years 2004 and 2005 irs examination during the fourth quarter of fiscal 2007 , the irs completed its field examination of the company 2019s fiscal years 2004 and 2005 .\non january 2 , 2008 , the irs issued its report for fiscal 2004 and 2005 , which included proposed adjustments related to these two fiscal years .\nthe company has recorded taxes and penalties related to certain of these proposed adjustments .\nthere are four items with an additional potential total tax liability of $ 46 million .\nthe company has concluded , based on discussions with its tax advisors , that these four items are not likely to result in any additional tax liability .\ntherefore , the company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers .\nthe company 2019s initial meetings with the appellate division of the irs were held during fiscal analog devices , inc .\nnotes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what percentage did the balance increase from 2007 to 2010?",
        "solution": "86.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: FIS/2010/page_93.pdf\n\nID: FIS/2010/page_93.pdf-2\n\nPrevious Text:\nthe weighted average fair value of options granted during 2010 , 2009 and 2008 was estimated to be $ 7.84 , $ 7.18 and $ 3.84 , respectively , using the black-scholes option pricing model with the assumptions below: .\n\nTable Data:\n[['', '2010', '2009', '2008'], ['risk free interest rate', '1.1% ( 1.1 % )', '2.3% ( 2.3 % )', '2.8% ( 2.8 % )'], ['volatility', '35.6% ( 35.6 % )', '35.0% ( 35.0 % )', '26.0% ( 26.0 % )'], ['dividend yield', '0.7% ( 0.7 % )', '1.0% ( 1.0 % )', '1.0% ( 1.0 % )'], ['weighted average expected life ( years )', '4.4', '5.0', '5.3']]\n\nFollowing Text:\nat december 31 , 2010 and 2009 , the total unrecognized compensation cost related to non-vested stock awards is $ 129.3 million and $ 93.5 million , respectively , which is expected to be recognized in pre-tax income over a weighted average period of 1.7 years as of both year ends .\nthe company granted a total of 1.5 million restricted stock awards at prices ranging from $ 25.76 to $ 28.15 on various dates in 2010 .\nthese awards vest annually over three years .\nthe company also granted 0.9 million performance restricted stock units during 2010 .\nthese performance restricted stock units have been granted at the maximum achievable level and the number of shares that can vest is based on specific revenue and ebitda goals for periods from 2010 through 2012 .\nduring 2009 , we granted 0.5 million shares of restricted stock at a price of $ 22.55 that vest annually over 3 years .\non october 1 , 2009 , the company granted 0.4 million restricted stock units at a price of $ 24.85 per share that vested over six months .\non march 20 , 2008 , we granted 0.4 million shares of restricted stock at a price of $ 38.75 that were to vest quarterly over 2 years .\non july 2 , 2008 , 0.2 million of these shares were canceled and assumed by lps .\nthe remaining unvested restricted shares were converted by the conversion factor of 1.7952 .\nthese awards vested as of october 1 , 2009 , under the change in control provisions due to the metavante acquisition .\non october 27 , 2008 , we granted 0.8 million shares of restricted stock at a price of $ 14.35 that vest annually over 3 years .\nas of december 31 , 2010 and 2009 , we have approximately 2.2 million and 1.4 million unvested restricted shares remaining .\nas of december 31 , 2010 we also have 0.6 million of restricted stock units that have not vested .\nshare repurchase plans on october 25 , 2006 , our board of directors approved a plan authorizing repurchases of up to $ 200.0 million worth of our common stock ( the 201cold plan 201d ) .\non april 17 , 2008 , our board of directors approved a plan authorizing repurchases of up to an additional $ 250.0 million worth of our common stock ( the 201cnew plan 201d ) .\nunder the new plan we repurchased 5.8 million shares of our stock for $ 226.2 million , at an average price of $ 38.97 for the year ended december 31 , 2008 .\nduring the year ended december 31 , 2008 , we also repurchased an additional 0.2 million shares of our stock for $ 10.0 million at an average price of $ 40.56 under the old plan .\nduring 2007 , the company repurchased 1.6 million shares at an average price of $ 49.15 under the old plan .\non february 4 , 2010 our board of directors approved a plan authorizing repurchases of up to 15.0 million shares of our common stock in the open market , at prevailing market prices or in privately negotiated transactions , through january 31 , 2013 .\nwe repurchased 1.4 million shares of our common stock for $ 32.2 million , at an average price of $ 22.97 through march 31 , 2010 .\nno additional shares were repurchased under this plan during the year ended december 31 , 2010 .\napproximately 13.6 million shares of our common stock remain available to repurchase under this plan as of december 31 , 2010 .\non may 25 , 2010 , our board of directors authorized a leveraged recapitalization plan to repurchase up to $ 2.5 billion of our common stock at a price range of $ 29.00 2014 $ 31.00 per share of common stock through a modified 201cdutch auction 201d tender offer ( the 201ctender offer 201d ) .\nthe tender offer commenced on july 6 , 2010 and expired on august 3 , 2010 .\nthe tender offer was oversubscribed at $ 29.00 , resulting in the purchase of 86.2 million shares , including 6.4 million shares underlying previously unexercised stock options .\nthe repurchased shares were added to treasury stock .\nfidelity national information services , inc .\nand subsidiaries notes to consolidated financial statements 2014 ( continued ) %%transmsg*** transmitting job : g26369 pcn : 087000000 ***%%pcmsg|87 |00008|yes|no|03/28/2011 17:32|0|0|page is valid , no graphics -- color : n| .\n\nQuestion: assuming a stock price of $ 22.97 in 2010 , what would be the dividend per share?",
        "solution": "0.16"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CNC/2006/page_37.pdf\n\nID: CNC/2006/page_37.pdf-1\n\nPrevious Text:\ngoodwill is reviewed annually during the fourth quarter for impairment .\nin addition , the company performs an impairment analysis of other intangible assets based on the occurrence of other factors .\nsuch factors include , but are not limited to , significant changes in membership , state funding , medical contracts and provider networks and contracts .\nan impairment loss is recognized if the carrying value of intangible assets exceeds the implied fair value .\nmedical claims liabilities medical services costs include claims paid , claims reported but not yet paid , or inventory , estimates for claims incurred but not yet received , or ibnr , and estimates for the costs necessary to process unpaid claims .\nthe estimates of medical claims liabilities are developed using standard actuarial methods based upon historical data for payment patterns , cost trends , product mix , sea- sonality , utilization of healthcare services and other rele- vant factors including product changes .\nthese estimates are continually reviewed and adjustments , if necessary , are reflected in the period known .\nmanagement did not change actuarial methods during the years presented .\nmanagement believes the amount of medical claims payable is reasonable and adequate to cover the company 2019s liability for unpaid claims as of december 31 , 2006 ; however , actual claim payments may differ from established estimates .\nrevenue recognition the company 2019s medicaid managed care segment gener- ates revenues primarily from premiums received from the states in which it operates health plans .\nthe company receives a fixed premium per member per month pursuant to our state contracts .\nthe company generally receives premium payments during the month it provides services and recognizes premium revenue during the period in which it is obligated to provide services to its members .\nsome states enact premium taxes or similar assessments , collectively premium taxes , and these taxes are recorded as general and administrative expenses .\nsome contracts allow for additional premium related to certain supplemen- tal services provided such as maternity deliveries .\nrevenues are recorded based on membership and eligibility data provided by the states , which may be adjusted by the states for updates to this data .\nthese adjustments have been immaterial in relation to total revenue recorded and are reflected in the period known .\nthe company 2019s specialty services segment generates revenues under contracts with state programs , healthcare organizations and other commercial organizations , as well as from our own subsidiaries on market-based terms .\nrevenues are recognized when the related services are provided or as ratably earned over the covered period of service .\npremium and services revenues collected in advance are recorded as unearned revenue .\nfor performance-based contracts the company does not recognize revenue subject to refund until data is sufficient to measure performance .\npremiums and service revenues due to the company are recorded as premium and related receivables and are recorded net of an allowance based on historical trends and management 2019s judgment on the collectibility of these accounts .\nas the company generally receives payments during the month in which services are provided , the allowance is typically not significant in comparison to total revenues and does not have a material impact on the pres- entation of the financial condition or results of operations .\nactivity in the allowance for uncollectible accounts for the years ended december 31 is summarized below: .\n\nTable Data:\n[['', '2006', '2005', '2004'], ['allowances beginning of year', '$ 343', '$ 462', '$ 607'], ['amounts charged to expense', '512', '80', '407'], ['write-offs of uncollectible receivables', '-700 ( 700 )', '-199 ( 199 )', '-552 ( 552 )'], ['allowances end of year', '$ 155', '$ 343', '$ 462']]\n\nFollowing Text:\nsignificant customers centene receives the majority of its revenues under con- tracts or subcontracts with state medicaid managed care programs .\nthe contracts , which expire on various dates between june 30 , 2007 and december 31 , 2011 , are expected to be renewed .\ncontracts with the states of georgia , indiana , kansas , texas and wisconsin each accounted for 15% ( 15 % ) , 15% ( 15 % ) , 10% ( 10 % ) , 17% ( 17 % ) and 16% ( 16 % ) , respectively , of the company 2019s revenues for the year ended december 31 , 2006 .\nreinsurance centene has purchased reinsurance from third parties to cover eligible healthcare services .\nthe current reinsurance program covers 90% ( 90 % ) of inpatient healthcare expenses in excess of annual deductibles of $ 300 to $ 500 per member , up to an annual maximum of $ 2000 .\ncentene 2019s medicaid managed care subsidiaries are responsible for inpatient charges in excess of an average daily per diem .\nin addition , bridgeway participates in a risk-sharing program as part of its contract with the state of arizona for the reimbursement of certain contract service costs beyond a monetary threshold .\nreinsurance recoveries were $ 3674 , $ 4014 , and $ 3730 , in 2006 , 2005 , and 2004 , respectively .\nreinsurance expenses were approximately $ 4842 , $ 4105 , and $ 6724 in 2006 , 2005 , and 2004 , respectively .\nreinsurance recoveries , net of expenses , are included in medical costs .\nother income ( expense ) other income ( expense ) consists principally of investment income and interest expense .\ninvestment income is derived from the company 2019s cash , cash equivalents , restricted deposits and investments. .\n\nQuestion: if the company lost its contracts with the states of georgia and indiana , what would be the % (  % ) decline in revenue for the year ended december 31 , 2006?",
        "solution": "30"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2017/page_88.pdf\n\nID: GPN/2017/page_88.pdf-2\n\nPrevious Text:\na valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized .\nchanges to our valuation allowance during the year ended december 31 , 2017 , the 2016 fiscal transition period and the years ended may 31 , 2016 and 2015 are summarized below ( in thousands ) : .\n\nTable Data:\n[['balance at may 31 2014', '$ -7199 ( 7199 )'], ['utilization of foreign net operating loss carryforwards', '3387'], ['other', '-11 ( 11 )'], ['balance at may 31 2015', '-3823 ( 3823 )'], ['allowance for foreign income tax credit carryforward', '-7140 ( 7140 )'], ['allowance for domestic net operating loss carryforwards', '-4474 ( 4474 )'], ['allowance for domestic net unrealized capital loss', '-1526 ( 1526 )'], ['release of allowance of domestic capital loss carryforward', '1746'], ['other', '98'], ['balance at may 31 2016', '-15119 ( 15119 )'], ['allowance for domestic net operating loss carryforwards', '-1504 ( 1504 )'], ['release of allowance of domestic net unrealized capital loss', '12'], ['balance at december 31 2016', '-16611 ( 16611 )'], ['allowance for foreign net operating loss carryforwards', '-6469 ( 6469 )'], ['allowance for domestic net operating loss carryforwards', '-3793 ( 3793 )'], ['allowance for state credit carryforwards', '-685 ( 685 )'], ['rate change on domestic net operating loss and capital loss carryforwards', '3868'], ['utilization of foreign income tax credit carryforward', '7140'], ['balance at december 31 2017', '$ -16550 ( 16550 )']]\n\nFollowing Text:\nthe increase in the valuation allowance related to net operating loss carryforwards of $ 10.3 million for the year ended december 31 , 2017 relates primarily to carryforward assets recorded as part of the acquisition of active network .\nthe increase in the valuation allowance related to domestic net operating loss carryforwards of $ 1.5 million and $ 4.5 million for the 2016 fiscal transition period and the year ended may 31 , 2016 , respectively , relates to acquired carryforwards from the merger with heartland .\nforeign net operating loss carryforwards of $ 43.2 million and domestic net operating loss carryforwards of $ 28.9 million at december 31 , 2017 will expire between december 31 , 2026 and december 31 , 2037 if not utilized .\nwe conduct business globally and file income tax returns in the domestic federal jurisdiction and various state and foreign jurisdictions .\nin the normal course of business , we are subject to examination by taxing authorities around the world .\nwe are no longer subjected to state income tax examinations for years ended on or before may 31 , 2008 , u.s .\nfederal income tax examinations for years ended on or before december 31 , 2013 and u.k .\nfederal income tax examinations for years ended on or before may 31 , 2014 .\n88 2013 global payments inc .\n| 2017 form 10-k annual report .\n\nQuestion: what was the net change in the valuation allowance in thousands between 2014 and 2015?",
        "solution": "3376"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2012/page_21.pdf\n\nID: IPG/2012/page_21.pdf-2\n\nPrevious Text:\nrepurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2012 to december 31 , 2012 .\ntotal number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .\n\nTable Data:\n[['', 'total number ofshares ( or units ) purchased1', 'average price paidper share ( or unit ) 2', 'total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3', 'maximum number ( or approximate dollar value ) of shares ( or units ) that mayyet be purchased under theplans or programs3'], ['october 1 - 31', '13566', '$ 10.26', '0', '$ 148858924'], ['november 1 - 30', '5345171', '$ 9.98', '5343752', '$ 195551133'], ['december 1 - 31', '8797959', '$ 10.87', '8790000', '$ 99989339'], ['total', '14156696', '$ 10.53', '14133752', '']]\n\nFollowing Text:\n1 includes shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) .\nwe repurchased 13566 withheld shares in october 2012 , 1419 withheld shares in november 2012 and 7959 withheld shares in december 2012 , for a total of 22944 withheld shares during the three-month period .\n2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program .\n3 on february 24 , 2012 , we announced in a press release that our board had approved a share repurchase program to repurchase from time to time up to $ 300.0 million of our common stock ( the 201c2012 share repurchase program 201d ) , in addition to amounts available on existing authorizations .\non november 20 , 2012 , we announced in a press release that our board had authorized an increase in our 2012 share repurchase program to $ 400.0 million of our common stock .\non february 22 , 2013 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million of our common stock .\nthe new authorization is in addition to any amounts remaining available for repurchase under the 2012 share repurchase program .\nthere is no expiration date associated with the share repurchase programs. .\n\nQuestion: what was the percent of the withheld shares repurchased in october during the three-month period",
        "solution": "59.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_70.pdf\n\nID: ADBE/2014/page_70.pdf-2\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .\nwe completed our annual impairment test in the second quarter of fiscal 2014 .\nwe elected to use the step 1 quantitative assessment for our reporting units and determined that there was no impairment of goodwill .\nthere is no significant risk of material goodwill impairment in any of our reporting units , based upon the results of our annual goodwill impairment test .\nwe amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .\nwe continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .\nwhen such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .\nif the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .\nwe did not recognize any intangible asset impairment charges in fiscal 2014 , 2013 or 2012 .\nour intangible assets are amortized over their estimated useful lives of 1 to 14 years .\namortization is based on the pattern in which the economic benefits of the intangible asset will be consumed or on a straight-line basis when the consumption pattern is not apparent .\nthe weighted average useful lives of our intangible assets were as follows : weighted average useful life ( years ) .\n\nTable Data:\n[['', 'weighted averageuseful life ( years )'], ['purchased technology', '6'], ['customer contracts and relationships', '10'], ['trademarks', '8'], ['acquired rights to use technology', '8'], ['localization', '1'], ['other intangibles', '3']]\n\nFollowing Text:\nsoftware development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .\namortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .\nto date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .\ninternal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .\nsuch capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .\ncapitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .\nincome taxes we use the asset and liability method of accounting for income taxes .\nunder this method , income tax expense is recognized for the amount of taxes payable or refundable for the current year .\nin addition , deferred tax assets and liabilities are recognized for expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities , and for operating losses and tax credit carryforwards .\nwe record a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not .\ntaxes collected from customers we net taxes collected from customers against those remitted to government authorities in our financial statements .\naccordingly , taxes collected from customers are not reported as revenue. .\n\nQuestion: is the weighted average useful life ( years ) greater for acquired rights to use technology than localization?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2015/page_77.pdf\n\nID: JPM/2015/page_77.pdf-1\n\nPrevious Text:\njpmorgan chase & co./2015 annual report 67 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co .\n( 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 .\nthe 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 .\nthe kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s .\nand is composed of 24 leading national money center and regional banks and thrifts .\nthe s&p financial index is an index of 87 financial companies , all of which are components of the s&p 500 .\nthe firm is a component of all three industry indices .\nthe following table and graph assume simultaneous investments of $ 100 on december 31 , 2010 , in jpmorgan chase common stock and in each of the above indices .\nthe comparison assumes that all dividends are reinvested .\ndecember 31 , ( in dollars ) 2010 2011 2012 2013 2014 2015 .\n\nTable Data:\n[['december 31 ( in dollars )', '2010', '2011', '2012', '2013', '2014', '2015'], ['jpmorgan chase', '$ 100.00', '$ 80.03', '$ 108.98', '$ 148.98', '$ 163.71', '$ 177.40'], ['kbw bank index', '100.00', '76.82', '102.19', '140.77', '153.96', '154.71'], ['s&p financial index', '100.00', '82.94', '106.78', '144.79', '166.76', '164.15'], ['s&p 500 index', '100.00', '102.11', '118.44', '156.78', '178.22', '180.67']]\n\nFollowing Text:\ndecember 31 , ( in dollars ) .\n\nQuestion: did jpmorgan chase outperform the kbw bank index?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2013/page_136.pdf\n\nID: ETR/2013/page_136.pdf-3\n\nPrevious Text:\nentergy corporation and subsidiaries notes to financial statements this difference as a regulatory asset or liability on an ongoing basis , resulting in a zero net balance for the regulatory asset at the end of the lease term .\nthe amount was a net regulatory liability of $ 61.6 million and $ 27.8 million as of december 31 , 2013 and 2012 , respectively .\nas of december 31 , 2013 , system energy had future minimum lease payments ( reflecting an implicit rate of 5.13% ( 5.13 % ) ) , which are recorded as long-term debt , as follows : amount ( in thousands ) .\n\nTable Data:\n[['', 'amount ( in thousands )'], ['2014', '$ 51637'], ['2015', '52253'], ['2016', '13750'], ['2017', '13750'], ['2018', '13750'], ['years thereafter', '247500'], ['total', '392640'], ['less : amount representing interest', '295226'], ['present value of net minimum lease payments', '$ 97414']]\n\nFollowing Text:\n.\n\nQuestion: what are the future minimum lease payments in 2014 as a percentage of the total future minimum lease payments?",
        "solution": "13.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETFC/2007/page_22.pdf\n\nID: ETFC/2007/page_22.pdf-1\n\nPrevious Text:\ndecember 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel .\nthe issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment .\nwe did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances .\nsee item 1 .\nbusiness 2014citadel investment .\nperformance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. .\n\nTable Data:\n[['', '12/02', '12/03', '12/04', '12/05', '12/06', '12/07'], ['e*trade financial corporation', '100.00', '260.29', '307.61', '429.22', '461.32', '73.05'], ['s&p 500', '100.00', '128.68', '142.69', '149.70', '173.34', '182.87'], ['s&p super cap diversified financials', '100.00', '139.29', '156.28', '170.89', '211.13', '176.62']]\n\nFollowing Text:\n2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends .\nfiscal year ending december 31 .\n2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc .\nall rights reserved .\nwww.researchdatagroup.com/s&p.htm .\n\nQuestion: what was the percentage cumulative total return for e*trade financial corporation for the five years ended 12/07?",
        "solution": "-26.95%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MAS/2010/page_89.pdf\n\nID: MAS/2010/page_89.pdf-3\n\nPrevious Text:\no .\nsegment information 2013 ( concluded ) ( 1 ) included in net sales were export sales from the u.s .\nof $ 246 million , $ 277 million and $ 275 million in 2010 , 2009 and 2008 , respectively .\n( 2 ) intra-company sales between segments represented approximately two percent of net sales in 2010 , three percent of net sales in 2009 and one percent of net sales in 2008 .\n( 3 ) included in net sales were sales to one customer of $ 1993 million , $ 2053 million and $ 2058 million in 2010 , 2009 and 2008 , respectively .\nsuch net sales were included in the following segments : cabinets and related products , plumbing products , decorative architectural products and other specialty products .\n( 4 ) net sales from the company 2019s operations in the u.s .\nwere $ 5618 million , $ 5952 million and $ 7150 million in 2010 , 2009 and 2008 , respectively .\n( 5 ) net sales , operating ( loss ) profit , property additions and depreciation and amortization expense for 2010 , 2009 and 2008 excluded the results of businesses reported as discontinued operations in 2010 , 2009 and 2008 .\n( 6 ) included in segment operating ( loss ) profit for 2010 were impairment charges for goodwill and other intangible assets as follows : plumbing products 2013 $ 1 million ; and installation and other services 2013 $ 720 million .\nincluded in segment operating profit ( loss ) for 2009 were impairment charges for goodwill as follows : plumbing products 2013 $ 39 million ; other specialty products 2013 $ 223 million .\nincluded in segment operating profit ( loss ) for 2008 were impairment charges for goodwill and other intangible assets as follows : cabinets and related products 2013 $ 59 million ; plumbing products 2013 $ 203 million ; installation and other services 2013 $ 52 million ; and other specialty products 2013 $ 153 million .\n( 7 ) general corporate expense , net included those expenses not specifically attributable to the company 2019s segments .\n( 8 ) during 2009 , the company recognized a curtailment loss related to the plan to freeze all future benefit accruals beginning january 1 , 2010 under substantially all of the company 2019s domestic qualified and non-qualified defined-benefit pension plans .\nsee note m to the consolidated financial statements .\n( 9 ) the charge for litigation settlement in 2009 relates to a business unit in the cabinets and related products segment .\nthe charge for litigation settlement in 2008 relates to a business unit in the installation and other services segment .\n( 10 ) see note l to the consolidated financial statements .\n( 11 ) long-lived assets of the company 2019s operations in the u.s .\nand europe were $ 3684 million and $ 617 million , $ 4628 million and $ 690 million , and $ 4887 million and $ 770 million at december 31 , 2010 , 2009 and 2008 , respectively .\n( 12 ) segment assets for 2009 and 2008 excluded the assets of businesses reported as discontinued operations .\np .\nother income ( expense ) , net other , net , which is included in other income ( expense ) , net , was as follows , in millions: .\n\nTable Data:\n[['', '2010', '2009', '2008'], ['income from cash and cash investments', '$ 6', '$ 7', '$ 22'], ['other interest income', '1', '2', '2'], ['income from financial investments net ( note e )', '9', '3', '1'], ['other items net', '-9 ( 9 )', '17', '-22 ( 22 )'], ['total other net', '$ 7', '$ 29', '$ 3']]\n\nFollowing Text:\nmasco corporation notes to consolidated financial statements 2014 ( continued ) .\n\nQuestion: what was the percentage increase in the income from financial investments net ( note e ) from 2009 to 2010",
        "solution": "200%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2016/page_333.pdf\n\nID: C/2016/page_333.pdf-4\n\nPrevious Text:\nperformance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 77787 common stockholders of record as of january 31 , 2017 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2016 .\nthe graph and table assume that $ 100 was invested on december 31 , 2011 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested .\ncomparison of five-year cumulative total return for the years ended date citi s&p 500 financials .\n\nTable Data:\n[['date', 'citi', 's&p 500', 's&p financials'], ['31-dec-2011', '100.0', '100.0', '100.0'], ['31-dec-2012', '150.6', '116.0', '128.8'], ['31-dec-2013', '198.5', '153.6', '174.7'], ['31-dec-2014', '206.3', '174.6', '201.3'], ['31-dec-2015', '197.8', '177.0', '198.2'], ['31-dec-2016', '229.3', '198.2', '243.4']]\n\nFollowing Text:\n.\n\nQuestion: what was the difference in percentage cumulative total return between citi common stock and the s&p 500 for the five years ended december 31 , 2016?",
        "solution": "31.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IQV/2018/page_106.pdf\n\nID: IQV/2018/page_106.pdf-1\n\nPrevious Text:\nthe company believes that it is reasonably possible that a decrease of up to $ 8 million in gross unrecognized income tax benefits for federal , state and foreign exposure items may be necessary within the next 12 months due to lapse of statutes of limitations or uncertain tax positions being effectively settled .\nthe company believes that it is reasonably possible that a decrease of up to $ 14 million in gross unrecognized income tax benefits for foreign items may be necessary within the next 12 months due to payments .\nfor the remaining uncertain income tax positions , it is difficult at this time to estimate the timing of the resolution .\nthe company conducts business globally and , as a result , files income tax returns in the united states federal jurisdiction and various state and foreign jurisdictions .\nin the normal course of business , the company is subject to examination by taxing authorities throughout the world .\nthe following table summarizes the tax years that remain open for examination by tax authorities in the most significant jurisdictions in which the company operates: .\n\nTable Data:\n[['united states', '2015-2017'], ['india', '2006-2018'], ['japan', '2013-2017'], ['united kingdom', '2017'], ['switzerland', '2014-2017']]\n\nFollowing Text:\nin certain of the jurisdictions noted above , the company operates through more than one legal entity , each of which has different open years subject to examination .\nthe table above presents the open years subject to examination for the most material of the legal entities in each jurisdiction .\nadditionally , it is important to note that tax years are technically not closed until the statute of limitations in each jurisdiction expires .\nin the jurisdictions noted above , the statute of limitations can extend beyond the open years subject to examination .\ndue to the geographic breadth of the company 2019s operations , numerous tax audits may be ongoing throughout the world at any point in time .\nincome tax liabilities are recorded based on estimates of additional income taxes that may be due upon the conclusion of these audits .\nestimates of these income tax liabilities are made based upon prior experience and are updated in light of changes in facts and circumstances .\nhowever , due to the uncertain and complex application of income tax regulations , it is possible that the ultimate resolution of audits may result in liabilities that could be materially different from these estimates .\nin such an event , the company will record additional income tax expense or income tax benefit in the period in which such resolution occurs. .\n\nQuestion: what is the total value of expected decrease in gross unrecognized income tax benefits in the next 12 months , ( in millions ) ?",
        "solution": "22"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2011/page_294.pdf\n\nID: ETR/2011/page_294.pdf-1\n\nPrevious Text:\nentergy gulf states louisiana , l.l.c .\nmanagement 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 .\nresults of operations net income 2011 compared to 2010 net income increased $ 12.3 million primarily due to lower interest expense and lower other operation and maintenance expenses , offset by higher depreciation and amortization expenses and a higher effective income tax 2010 compared to 2009 net income increased $ 37.7 million primarily due to higher net revenue , a lower effective income tax rate , and lower interest expense , offset by higher other operation and maintenance expenses , lower other income , and higher taxes other than income taxes .\nnet 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 credits .\nfollowing is an analysis of the change in net revenue comparing 2011 to 2010 .\namount ( in millions ) .\n\nTable Data:\n[['', 'amount ( in millions )'], ['2010 net revenue', '$ 933.6'], ['retail electric price', '-20.1 ( 20.1 )'], ['volume/weather', '-5.2 ( 5.2 )'], ['fuel recovery', '14.8'], ['transmission revenue', '12.4'], ['other', '-2.1 ( 2.1 )'], ['2011 net revenue', '$ 933.4']]\n\nFollowing Text:\nthe retail electric price variance is primarily due to an increase in credits passed on to customers as a result of the act 55 storm cost financing .\nsee 201cmanagement 2019s financial discussion and analysis 2013 hurricane gustav and hurricane ike 201d and note 2 to the financial statements for a discussion of the act 55 storm cost financing .\nthe volume/weather variance is primarily due to less favorable weather on the residential sector as well as the unbilled sales period .\nthe decrease was partially offset by an increase of 62 gwh , or 0.3% ( 0.3 % ) , in billed electricity usage , primarily due to increased consumption by an industrial customer as a result of the customer 2019s cogeneration outage and the addition of a new production unit by the industrial customer .\nthe fuel recovery variance resulted primarily from an adjustment to deferred fuel costs in 2010 .\nsee note 2 to the financial statements for a discussion of fuel recovery. .\n\nQuestion: by what percentage point did the net income margin improve in 2011?",
        "solution": "1.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2016/page_50.pdf\n\nID: LMT/2016/page_50.pdf-4\n\nPrevious Text:\n2015 compared to 2014 mfc 2019s net sales in 2015 decreased $ 322 million , or 5% ( 5 % ) , compared to the same period in 2014 .\nthe decrease was attributable to lower net sales of approximately $ 345 million for air and missile defense programs due to fewer deliveries ( primarily pac-3 ) and lower volume ( primarily thaad ) ; and approximately $ 85 million for tactical missile programs due to fewer deliveries ( primarily guided multiple launch rocket system ( gmlrs ) ) and joint air-to-surface standoff missile , partially offset by increased deliveries for hellfire .\nthese decreases were partially offset by higher net sales of approximately $ 55 million for energy solutions programs due to increased volume .\nmfc 2019s operating profit in 2015 decreased $ 62 million , or 5% ( 5 % ) , compared to 2014 .\nthe decrease was attributable to lower operating profit of approximately $ 100 million for fire control programs due primarily to lower risk retirements ( primarily lantirn and sniper ) ; and approximately $ 65 million for tactical missile programs due to lower risk retirements ( primarily hellfire and gmlrs ) and fewer deliveries .\nthese decreases were partially offset by higher operating profit of approximately $ 75 million for air and missile defense programs due to increased risk retirements ( primarily thaad ) .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 60 million lower in 2015 compared to 2014 .\nbacklog backlog decreased in 2016 compared to 2015 primarily due to lower orders on pac-3 , hellfire , and jassm .\nbacklog increased in 2015 compared to 2014 primarily due to higher orders on pac-3 , lantirn/sniper and certain tactical missile programs , partially offset by lower orders on thaad .\ntrends we expect mfc 2019s net sales to increase in the mid-single digit percentage range in 2017 as compared to 2016 driven primarily by our air and missile defense programs .\noperating profit is expected to be flat or increase slightly .\naccordingly , operating profit margin is expected to decline from 2016 levels as a result of contract mix and fewer risk retirements in 2017 compared to 2016 .\nrotary and mission systems as previously described , on november 6 , 2015 , we acquired sikorsky and aligned the sikorsky business under our rms business segment .\nthe 2015 results of the acquired sikorsky business have been included in our financial results from the november 6 , 2015 acquisition date through december 31 , 2015 .\nas a result , our consolidated operating results and rms business segment operating results for the year ended december 31 , 2015 do not reflect a full year of sikorsky operations .\nour rms business segment provides design , manufacture , service and support for a variety of military and civil helicopters , ship and submarine mission and combat systems ; mission systems and sensors for rotary and fixed-wing aircraft ; sea and land-based missile defense systems ; radar systems ; the littoral combat ship ( lcs ) ; simulation and training services ; and unmanned systems and technologies .\nin addition , rms supports the needs of government customers in cybersecurity and delivers communication and command and control capabilities through complex mission solutions for defense applications .\nrms 2019 major programs include black hawk and seahawk helicopters , aegis combat system ( aegis ) , lcs , space fence , advanced hawkeye radar system , tpq-53 radar system , ch-53k development helicopter , and vh-92a helicopter program .\nrms 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2016', '2015', '2014'], ['net sales', '$ 13462', '$ 9091', '$ 8732'], ['operating profit', '906', '844', '936'], ['operating margin', '6.7% ( 6.7 % )', '9.3% ( 9.3 % )', '10.7% ( 10.7 % )'], ['backlog atyear-end', '$ 28400', '$ 30100', '$ 13300']]\n\nFollowing Text:\n2016 compared to 2015 rms 2019 net sales in 2016 increased $ 4.4 billion , or 48% ( 48 % ) , compared to 2015 .\nthe increase was primarily attributable to higher net sales of approximately $ 4.6 billion from sikorsky , which was acquired on november 6 , 2015 .\nnet sales for 2015 include sikorsky 2019s results subsequent to the acquisition date , net of certain revenue adjustments required to account for the acquisition of this business .\nthis increase was partially offset by lower net sales of approximately $ 70 million for training .\n\nQuestion: what is the growth rate of operating expenses from 2015 to 2016?",
        "solution": "52.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2003/page_51.pdf\n\nID: JPM/2003/page_51.pdf-1\n\nPrevious Text:\nj.p .\nmorgan chase & co .\n/ 2003 annual report 49 off 2013balance sheet arrangements and contractual cash obligations special-purpose entities special-purpose entities ( 201cspes 201d ) , special-purpose vehicles ( 201cspvs 201d ) , or variable-interest entities ( 201cvies 201d ) , are an important part of the financial markets , providing market liquidity by facili- tating investors 2019 access to specific portfolios of assets and risks .\nspes are not operating entities ; typically they are established for a single , discrete purpose , have a limited life and have no employees .\nthe basic spe structure involves a company selling assets to the spe .\nthe spe funds the asset purchase by selling securities to investors .\nto insulate investors from creditors of other entities , including the seller of the assets , spes are often structured to be bankruptcy-remote .\nspes are critical to the functioning of many investor markets , including , for example , the market for mortgage-backed securities , other asset-backed securities and commercial paper .\njpmorgan chase is involved with spes in three broad categories of transactions : loan securi- tizations ( through 201cqualifying 201d spes ) , multi-seller conduits , and client intermediation .\ncapital is held , as appropriate , against all spe-related transactions and related exposures such as deriva- tive transactions and lending-related commitments .\nthe firm has no commitments to issue its own stock to support any spe transaction , and its policies require that transactions with spes be conducted at arm 2019s length and reflect market pric- ing .\nconsistent with this policy , no jpmorgan chase employee is permitted to invest in spes with which the firm is involved where such investment would violate the firm 2019s worldwide rules of conduct .\nthese rules prohibit employees from self- dealing and prohibit employees from acting on behalf of the firm in transactions with which they or their family have any significant financial interest .\nfor certain liquidity commitments to spes , the firm could be required to provide funding if the credit rating of jpmorgan chase bank were downgraded below specific levels , primarily p-1 , a-1 and f1 for moody 2019s , standard & poor 2019s and fitch , respectively .\nthe amount of these liquidity commitments was $ 34.0 billion at december 31 , 2003 .\nif jpmorgan chase bank were required to provide funding under these commitments , the firm could be replaced as liquidity provider .\nadditionally , with respect to the multi-seller conduits and structured commercial loan vehicles for which jpmorgan chase bank has extended liq- uidity commitments , the bank could facilitate the sale or refi- nancing of the assets in the spe in order to provide liquidity .\nof these liquidity commitments to spes , $ 27.7 billion is included in the firm 2019s total other unfunded commitments to extend credit included in the table on the following page .\nas a result of the consolidation of multi-seller conduits in accordance with fin 46 , $ 6.3 billion of these commitments are excluded from the table , as the underlying assets of the spe have been included on the firm 2019s consolidated balance sheet .\nthe following table summarizes certain revenue information related to vies with which the firm has significant involvement , and qualifying spes: .\n\nTable Data:\n[['year ended december 31 2003 ( in millions )', 'year ended december 31 2003 vies', 'year ended december 31 2003 ( a )', 'year ended december 31 2003 spes', 'total'], ['revenue', '$ 79', '', '$ 979', '$ 1058']]\n\nFollowing Text:\n( a ) includes consolidated and nonconsolidated asset-backed commercial paper conduits for a consistent presentation of 2003 results .\nthe revenue reported in the table above represents primarily servicing fee income .\nthe firm also has exposure to certain vie vehicles arising from derivative transactions with vies ; these transactions are recorded at fair value on the firm 2019s consolidated balance sheet with changes in fair value ( i.e. , mark-to-market gains and losses ) recorded in trading revenue .\nsuch mtm gains and losses are not included in the revenue amounts reported in the table above .\nfor a further discussion of spes and the firm 2019s accounting for spes , see note 1 on pages 86 201387 , note 13 on pages 100 2013103 , and note 14 on pages 103 2013106 of this annual report .\ncontractual cash obligations in the normal course of business , the firm enters into various con- tractual obligations that may require future cash payments .\ncontractual obligations at december 31 , 2003 , include long-term debt , trust preferred capital securities , operating leases , contractual purchases and capital expenditures and certain other liabilities .\nfor a further discussion regarding long-term debt and trust preferred capital securities , see note 18 on pages 109 2013111 of this annual report .\nfor a further discussion regarding operating leases , see note 27 on page 115 of this annual report .\nthe accompanying table summarizes jpmorgan chase 2019s off 2013 balance sheet lending-related financial instruments and signifi- cant contractual cash obligations , by remaining maturity , at december 31 , 2003 .\ncontractual purchases include commit- ments for future cash expenditures , primarily for services and contracts involving certain forward purchases of securities and commodities .\ncapital expenditures primarily represent future cash payments for real estate 2013related obligations and equip- ment .\ncontractual purchases and capital expenditures at december 31 , 2003 , reflect the minimum contractual obligation under legally enforceable contracts with contract terms that are both fixed and determinable .\nexcluded from the following table are a number of obligations to be settled in cash , primarily in under one year .\nthese obligations are reflected on the firm 2019s consolidated balance sheet and include deposits ; federal funds purchased and securities sold under repurchase agreements ; other borrowed funds ; purchases of debt and equity instruments that settle within standard market timeframes ( e.g .\nregular-way ) ; derivative payables that do not require physical delivery of the underlying instrument ; and certain purchases of instruments that resulted in settlement failures. .\n\nQuestion: in 2003 what was the percent of the total revenues from vies",
        "solution": "7.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2008/page_99.pdf\n\nID: MRO/2008/page_99.pdf-4\n\nPrevious Text:\nunderlying physical transaction occurs .\nwe have not qualified commodity derivative instruments used in our osm or rm&t segments for hedge accounting .\nas a result , we recognize in net income all changes in the fair value of derivative instruments used in those operations .\nopen commodity derivative positions as of december 31 , 2008 and sensitivity analysis at december 31 , 2008 , our e&p segment held open derivative contracts to mitigate the price risk on natural gas held in storage or purchased to be marketed with our own natural gas production in amounts that were in line with normal levels of activity .\nat december 31 , 2008 , we had no significant open derivative contracts related to our future sales of liquid hydrocarbons and natural gas and therefore remained substantially exposed to market prices of these commodities .\nthe osm segment holds crude oil options which were purchased by western for a three year period ( january 2007 to december 2009 ) .\nthe premiums for the purchased put options had been partially offset through the sale of call options for the same three-year period , resulting in a net premium liability .\npayment of the net premium liability is deferred until the settlement of the option contracts .\nas of december 31 , 2008 , the following put and call options were outstanding: .\n\nTable Data:\n[['option expiration date', '2009'], ['option contract volumes ( barrels per day ) :', ''], ['put options purchased', '20000'], ['call options sold', '15000'], ['average exercise price ( dollars per barrel ) :', ''], ['put options', '$ 50.50'], ['call options', '$ 90.50']]\n\nFollowing Text:\nin the first quarter of 2009 , we sold derivative instruments at an average exercise price of $ 50.50 which effectively offset the open put options for the remainder of 2009 .\nat december 31 , 2008 , the number of open derivative contracts held by our rm&t segment was lower than in previous periods .\nstarting in the second quarter of 2008 , we decreased our use of derivatives to mitigate crude oil price risk between the time that domestic spot crude oil purchases are priced and when they are actually refined into salable petroleum products .\ninstead , we are addressing this price risk through other means , including changes in contractual terms and crude oil acquisition practices .\nadditionally , in previous periods , certain contracts in our rm&t segment for the purchase or sale of commodities were not qualified or designated as normal purchase or normal sales under generally accepted accounting principles and therefore were accounted for as derivative instruments .\nduring the second quarter of 2008 , as we decreased our use of derivatives , we began to designate such contracts for the normal purchase and normal sale exclusion. .\n\nQuestion: was the average exercise price ( dollars per barrel ) of put options expiring in 2009 greater than that of call options?",
        "solution": "no"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PM/2014/page_112.pdf\n\nID: PM/2014/page_112.pdf-3\n\nPrevious Text:\nnote 17 .\naccumulated other comprehensive losses : pmi's accumulated other comprehensive losses , net of taxes , consisted of the following: .\n\nTable Data:\n[['( losses ) earnings ( in millions )', '( losses ) earnings 2014', '( losses ) earnings 2013', '2012'], ['currency translation adjustments', '$ -3929 ( 3929 )', '$ -2207 ( 2207 )', '$ -331 ( 331 )'], ['pension and other benefits', '-3020 ( 3020 )', '-2046 ( 2046 )', '-3365 ( 3365 )'], ['derivatives accounted for as hedges', '123', '63', '92'], ['total accumulated other comprehensive losses', '$ -6826 ( 6826 )', '$ -4190 ( 4190 )', '$ -3604 ( 3604 )']]\n\nFollowing Text:\nreclassifications from other comprehensive earnings the movements in accumulated other comprehensive losses and the related tax impact , for each of the components above , that are due to current period activity and reclassifications to the income statement are shown on the consolidated statements of comprehensive earnings for the years ended december 31 , 2014 , 2013 , and 2012 .\nthe movement in currency translation adjustments for the year ended december 31 , 2013 , was also impacted by the purchase of the remaining shares of the mexican tobacco business .\nin addition , $ 5 million and $ 12 million of net currency translation adjustment gains were transferred from other comprehensive earnings to marketing , administration and research costs in the consolidated statements of earnings for the years ended december 31 , 2014 and 2013 , respectively , upon liquidation of a subsidiary .\nfor additional information , see note 13 .\nbenefit plans and note 15 .\nfinancial instruments for disclosures related to pmi's pension and other benefits and derivative financial instruments .\nnote 18 .\ncolombian investment and cooperation agreement : on june 19 , 2009 , pmi announced that it had signed an agreement with the republic of colombia , together with the departments of colombia and the capital district of bogota , to promote investment and cooperation with respect to the colombian tobacco market and to fight counterfeit and contraband tobacco products .\nthe investment and cooperation agreement provides $ 200 million in funding to the colombian governments over a 20-year period to address issues of mutual interest , such as combating the illegal cigarette trade , including the threat of counterfeit tobacco products , and increasing the quality and quantity of locally grown tobacco .\nas a result of the investment and cooperation agreement , pmi recorded a pre-tax charge of $ 135 million in the operating results of the latin america & canada segment during the second quarter of 2009 .\nat december 31 , 2014 and 2013 , pmi had $ 71 million and $ 74 million , respectively , of discounted liabilities associated with the colombian investment and cooperation agreement .\nthese discounted liabilities are primarily reflected in other long-term liabilities on the consolidated balance sheets and are expected to be paid through 2028 .\nnote 19 .\nrbh legal settlement : on july 31 , 2008 , rothmans inc .\n( \"rothmans\" ) announced the finalization of a cad 550 million settlement ( or approximately $ 540 million , based on the prevailing exchange rate at that time ) between itself and rothmans , benson & hedges inc .\n( \"rbh\" ) , on the one hand , and the government of canada and all 10 provinces , on the other hand .\nthe settlement resolved the royal canadian mounted police's investigation relating to products exported from canada by rbh during the 1989-1996 period .\nrothmans' sole holding was a 60% ( 60 % ) interest in rbh .\nthe remaining 40% ( 40 % ) interest in rbh was owned by pmi. .\n\nQuestion: what portion of the total accumulated other comprehensive losses is incurred by the currency translation adjustments in 2014?",
        "solution": "57.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ANSS/2012/page_92.pdf\n\nID: ANSS/2012/page_92.pdf-2\n\nPrevious Text:\nunder the terms of the ansys , inc .\nlong-term incentive plan , in the first quarter of 2012 , 2011 and 2010 , the company granted 100000 , 92500 and 80500 performance-based restricted stock units , respectively .\nvesting of the full award or a portion thereof is based on the company 2019s performance as measured by total shareholder return relative to the median percentage appreciation of the nasdaq composite index over a specified measurement period , subject to each participant 2019s continued employment with the company through the conclusion of the measurement period .\nthe measurement period for the restricted stock units granted pursuant to the long-term incentive plan is a three-year period beginning january 1 of the year of the grant .\neach restricted stock unit relates to one share of the company 2019s common stock .\nthe value of each restricted stock unit granted in 2012 , 2011 and 2010 was estimated on the grant date to be $ 33.16 , $ 32.05 and $ 25.00 , respectively .\nthe estimate of the grant-date value of the restricted stock units was made using a monte carlo simulation model .\nthe determination of the fair value of the awards was affected by the grant date and a number of variables , each of which has been identified in the chart below .\nshare-based compensation expense based on the fair value of the award is being recorded from the grant date through the conclusion of the three-year measurement period .\non december 31 , 2012 , employees earned 76500 restricted stock units , which will be issued in the first quarter of 2013 .\ntotal compensation expense associated with the awards recorded for the years ended december 31 , 2012 , 2011 and 2010 was $ 2.6 million , $ 1.6 million and $ 590000 , respectively .\ntotal compensation expense associated with the awards granted for the years ending december 31 , 2013 and 2014 is expected to be $ 2.2 million and $ 1.2 million , respectively. .\n\nTable Data:\n[['assumption used in monte carlo lattice pricing model', 'year ended december 31 , 2012', 'year ended december 31 , 2011 and 2010'], ['risk-free interest rate', '0.16% ( 0.16 % )', '1.35% ( 1.35 % )'], ['expected dividend yield', '0% ( 0 % )', '0% ( 0 % )'], ['expected volatility 2014ansys stock price', '28% ( 28 % )', '40% ( 40 % )'], ['expected volatility 2014nasdaq composite index', '20% ( 20 % )', '25% ( 25 % )'], ['expected term', '2.80', '2.90'], ['correlation factor', '0.75', '0.70']]\n\nFollowing Text:\nin accordance with the merger agreement , the company granted performance-based restricted stock units to key members of apache management and employees , with a maximum value of $ 13.0 million to be earned annually over a three-fiscal-year period beginning january 1 , 2012 .\nadditional details regarding these awards are provided within note 3 .\n14 .\nstock repurchase program in february 2012 , ansys announced that its board of directors approved an increase to its authorized stock repurchase program .\nunder the company 2019s stock repurchase program , ansys repurchased 1.5 million shares during the year ended december 31 , 2012 at an average price per share of $ 63.65 , for a total cost of $ 95.5 million .\nduring the year ended december 31 , 2011 , the company repurchased 247443 shares at an average price per share of $ 51.34 , for a total cost of $ 12.7 million .\nas of december 31 , 2012 , 1.5 million shares remained authorized for repurchase under the program .\n15 .\nemployee stock purchase plan the company 2019s 1996 employee stock purchase plan ( the 201cpurchase plan 201d ) was adopted by the board of directors on april 19 , 1996 and was subsequently approved by the company 2019s stockholders .\nthe stockholders approved an amendment to the purchase plan on may 6 , 2004 to increase the number of shares available for offerings to 1.6 million shares .\nthe purchase plan was amended and restated in 2007 .\nthe purchase plan is administered by the compensation committee .\nofferings under the purchase plan commence on each february 1 and august 1 , and have a duration of six months .\nan employee who owns or is deemed to own shares of stock representing in excess of 5% ( 5 % ) of the combined voting power of all classes of stock of the company may not participate in the purchase plan .\nduring each offering , an eligible employee may purchase shares under the purchase plan by authorizing payroll deductions of up to 10% ( 10 % ) of his or her cash compensation during the offering period .\nthe maximum number of shares that may be purchased by any participating employee during any offering period is limited to 3840 shares ( as adjusted by the compensation committee from time to time ) .\nunless the employee has previously withdrawn from the offering , his accumulated payroll deductions will be used to purchase common stock on the last business day of the period at a price equal to 90% ( 90 % ) of the fair market value of the common stock on the first or last day of the offering period , whichever is lower .\nunder applicable tax rules , an employee may purchase no more than $ 25000 worth of common stock in any calendar year .\nat december 31 , 2012 , 1233385 shares of common stock had been issued under the purchase plan , of which 1184082 were issued as of december 31 , 2011 .\nthe total compensation expense recorded under the purchase plan during the years ended december 31 , 2012 , 2011 and 2010 was $ 710000 , $ 650000 and $ 500000 , respectively .\ntable of contents .\n\nQuestion: what was the average total compensation expense associated with the awards granted for the years ending december 31 , 2013 and 2014?",
        "solution": "1.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLG/2012/page_87.pdf\n\nID: SLG/2012/page_87.pdf-1\n\nPrevious Text:\nsl green realty corp .\nit happens here 2012 annual report 85 | 85 in april a02011 , we purchased sitq immobilier , a subsid- iary of caisse de depot et placement du quebec , or sitq 2019s , 31.5% ( 31.5 % ) economic interest in 1515 a0 broadway , thereby consoli- dating full ownership of the 1750000 a0square foot ( unaudited ) building .\nthe transaction valued the consolidated interests at $ 1.23 a0 billion .\nthis valuation was based on a negotiated sales agreement and took into consideration such factors as whether this was a distressed sale and whether a minority dis- count was warranted .\nwe acquired the interest subject to the $ 458.8 a0million mortgage encumbering the property .\nwe rec- ognized a purchase price fair value adjustment of $ 475.1 a0mil- lion upon the closing of this transaction .\nthis property , which we initially acquired in may a02002 , was previously accounted for as an investment in unconsolidated joint ventures .\nin january a0 2011 , we purchased city investment fund , or cif 2019s , 49.9% ( 49.9 % ) a0interest in 521 a0fifth avenue , thereby assum- ing full ownership of the 460000 a0 square foot ( unaudited ) building .\nthe transaction valued the consolidated interests at approximately $ 245.7 a0 million , excluding $ 4.5 a0 million of cash and other assets acquired .\nwe acquired the interest subject to the $ 140.0 a0 million mortgage encumbering the property .\nwe recognized a purchase price fair value adjust- ment of $ 13.8 a0million upon the closing of this transaction .\nin april a02011 , we refinanced the property with a new $ 150.0 a0mil- lion 2-year mortgage which carries a floating rate of interest of 200 a0basis points over the 30-day libor .\nin connection with that refinancing , we acquired the fee interest in the property for $ 15.0 a0million .\nthe following summarizes our allocation of the purchase price of the assets acquired and liabilities assumed upon the closing of these 2011 acquisitions ( amounts in thousands ) : 51 east 180 110 east 1515 521 fifth 42nd street maiden lane 42nd street broadway avenue land fffd$ 44095 $ 191523 $ 34000 $ 2002 2008462700 $ 110100 .\n\nTable Data:\n[['', '51 east 42nd street', '180 maiden lane', '110 east 42nd street', '1515 broadway', '521 fifth avenue'], ['land', '$ 44095', '$ 191523', '$ 34000', '$ 462700', '$ 110100'], ['building', '33470', '233230', '46411', '707938', '146686'], ['above market lease value', '5616', '7944', '823', '18298', '3318'], ['acquired in-place leases', '4333', '29948', '5396', '98661', '23016'], ['other assets net of other liabilities', '2014', '2014', '2014', '27127', '2014'], ['assets acquired', '87514', '462645', '86630', '1314724', '283120'], ['fair value adjustment to mortgage note payable', '2014', '2014', '2014', '-3693 ( 3693 )', '2014'], ['below market lease value', '7514', '20320', '2326', '84417', '25977'], ['liabilities assumed', '7514', '20320', '2326', '80724', '25977'], ['purchase price allocation', '$ 80000', '$ 442325', '$ 84304', '$ 1234000', '$ 257143'], ['net consideration funded by us at closing', '$ 81632', '$ 81835', '$ 2744', '$ 259228', '$ 70000'], ['equity and/or debt investment held', '2014', '2014', '$ 16000', '$ 40942', '$ 41432'], ['debt assumed', '$ 2014', '$ 2014', '$ 65000', '$ 458767', '$ 140000']]\n\nFollowing Text:\nnet consideration funded by us at closing fffd$ 81632 $ 200281835 $ 20022744 $ 2002 2008259228 $ 200270000 equity and/or debt investment held fffd 2014 2014 $ 16000 $ 2002 2002 200840942 $ 200241432 debt assumed fffd$ 2002 2002 2002 2002 2008 2014 $ 2002 2002 2002 2002 2002 2008 2014 $ 65000 $ 2002 2008458767 $ 140000 2010 acquisitions | in january 2010 , we became the sole owner of 100 a0church street , a 1.05 a0million square foot ( unau- dited ) office tower located in downtown manhattan , following the successful foreclosure of the senior mezzanine loan at the property .\nour initial investment totaled $ 40.9 a0million , which was comprised of a 50% ( 50 % ) a0interest in the senior mezzanine loan and two other mezzanine loans at 100 a0 church street , which we acquired from gramercy capital corp .\n( nyse : a0gkk ) , or gramercy , in the summer of a0 2007 .\nat closing of the foreclo- sure , we funded an additional $ 15.0 a0million of capital into the project as part of our agreement with wachovia bank , n.a .\nto extend and restructure the existing financing .\ngramercy declined to fund its share of this capital and instead trans- ferred its interests in the investment to us at closing .\nthe restructured $ 139.7 a0million mortgage carries an interest rate of 350 a0basis points over the 30-day libor .\nthe restructured mortgage , which was scheduled to mature in january a0 2013 , was repaid in march a02011 .\nin august a0 2010 , we acquired 125 a0 park avenue , a manhattan office tower , for $ 330 a0million .\nin connection with the acquisition , we assumed $ 146.25 a0million of in-place financ- ing .\nthe 5.748% ( 5.748 % ) interest-only loan matures in october a02014 .\nin december a02010 , we completed the acquisition of various investments from gramercy .\nthis acquisition included ( 1 ) a0the remaining 45% ( 45 % ) a0interest in the leased fee at 885 a0third avenue for approximately $ 39.3 a0 million plus assumed mortgage debt of approximately $ 120.4 a0million , ( 2 ) a0the remaining 45% ( 45 % ) interest in the leased fee at 2 a0 herald square for approxi- mately $ 25.6 a0 million plus assumed mortgage debt of approximately $ 86.1 a0 million and , ( 3 ) a0 the entire leased fee interest in 292 a0madison avenue for approximately $ 19.2 a0mil- lion plus assumed mortgage debt of approximately $ 59.1 a0million .\nthese assets are all leased to third a0party operators. .\n\nQuestion: what is the annual interest cost in millions for the 125 park avenue acquisition?",
        "solution": "8.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CE/2017/page_37.pdf\n\nID: CE/2017/page_37.pdf-1\n\nPrevious Text:\ntable of contents celanese purchases of its equity securities information regarding repurchases of our common stock during the three months ended december 31 , 2017 is as follows : period number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced program approximate dollar value of shares remaining that may be purchased under the program ( 2 ) .\n\nTable Data:\n[['period', 'totalnumberof sharespurchased ( 1 )', 'averageprice paidper share', 'total numberof sharespurchased aspart of publiclyannounced program', 'approximatedollarvalue of sharesremaining thatmay bepurchased underthe program ( 2 )'], ['october 1 - 31 2017', '10676', '$ 104.10', '2014', '$ 1531000000'], ['november 1 - 30 2017', '924', '$ 104.02', '2014', '$ 1531000000'], ['december 1 - 31 2017', '38605', '$ 106.36', '2014', '$ 1531000000'], ['total', '50205', '', '2014', '']]\n\nFollowing Text:\n___________________________ ( 1 ) represents shares withheld from employees to cover their statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock units .\n( 2 ) our board of directors has authorized the aggregate repurchase of $ 3.9 billion of our common stock since february 2008 , including an increase of $ 1.5 billion on july 17 , 2017 .\nsee note 17 - stockholders' equity in the accompanying consolidated financial statements for further information. .\n\nQuestion: what is the total value of purchased shares during october 2017 , in millions?",
        "solution": "1.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2006/page_122.pdf\n\nID: RE/2006/page_122.pdf-2\n\nPrevious Text:\nthe following table displays the expected benefit payments in the years indicated : ( dollars in thousands ) .\n\nTable Data:\n[['2007', '$ 117'], ['2008', '140'], ['2009', '203'], ['2010', '263'], ['2011', '328'], ['next 5 years', '2731']]\n\nFollowing Text:\n1 4 .\nd i v i d e n d r e s t r i c t i o n s a n d s t a t u t o r y f i n a n c i a l i n f o r m a t i o n a .\nd i v i d e n d r e s t r i c t i o n s under bermuda law , group is prohibited from declaring or paying a dividend if such payment would reduce the realizable value of its assets to an amount less than the aggregate value of its liabilities and its issued share capital and share premium ( addi- tional paid-in capital ) accounts .\ngroup 2019s ability to pay dividends and its operating expenses is dependent upon dividends from its subsidiaries .\nthe payment of such dividends by insurer subsidiaries is limited under bermuda law and the laws of the var- ious u.s .\nstates in which group 2019s insurance and reinsurance subsidiaries are domiciled or deemed domiciled .\nthe limitations are generally based upon net income and compliance with applicable policyholders 2019 surplus or minimum solvency margin and liquidity ratio requirements as determined in accordance with the relevant statutory accounting practices .\nunder bermuda law , bermuda re is prohibited from declaring or making payment of a dividend if it fails to meet its minimum solvency margin or minimum liquidity ratio .\nas a long-term insurer , bermuda re is also unable to declare or pay a dividend to anyone who is not a policyholder unless , after payment of the dividend , the value of the assets in its long-term business fund , as certified by its approved actuary , exceeds its liabilities for long-term business by at least the $ 250000 minimum solvency margin .\nprior approval of the bermuda monetary authority is required if bermuda re 2019s dividend payments would reduce its prior year-end total statutory capital by 15.0% ( 15.0 % ) or more .\ndelaware law provides that an insurance company which is a member of an insurance holding company system and is domi- ciled in the state shall not pay dividends without giving prior notice to the insurance commissioner of delaware and may not pay dividends without the approval of the insurance commissioner if the value of the proposed dividend , together with all other dividends and distributions made in the preceding twelve months , exceeds the greater of ( 1 ) 10% ( 10 % ) of statutory surplus or ( 2 ) net income , not including realized capital gains , each as reported in the prior year 2019s statutory annual statement .\nin addition , no dividend may be paid in excess of unassigned earned surplus .\nat december 31 , 2006 , everest re had $ 270.4 million available for payment of dividends in 2007 without the need for prior regulatory approval .\nb .\ns t a t u t o r y f i n a n c i a l i n f o r m a t i o n everest re prepares its statutory financial statements in accordance with accounting practices prescribed or permitted by the national association of insurance commissioners ( 201cnaic 201d ) and the delaware insurance department .\nprescribed statutory accounting practices are set forth in the naic accounting practices and procedures manual .\nthe capital and statutory surplus of everest re was $ 2704.1 million ( unaudited ) and $ 2327.6 million at december 31 , 2006 and 2005 , respectively .\nthe statutory net income of everest re was $ 298.7 million ( unaudited ) for the year ended december 31 , 2006 , the statutory net loss was $ 26.9 million for the year ended december 31 , 2005 and the statutory net income $ 175.8 million for the year ended december 31 , 2004 .\nbermuda re prepares its statutory financial statements in conformity with the accounting principles set forth in bermuda in the insurance act 1978 , amendments thereto and related regulations .\nthe statutory capital and surplus of bermuda re was $ 1893.9 million ( unaudited ) and $ 1522.5 million at december 31 , 2006 and 2005 , respectively .\nthe statutory net income of bermuda re was $ 409.8 million ( unaudited ) for the year ended december 31 , 2006 , the statutory net loss was $ 220.5 million for the year ended december 31 , 2005 and the statutory net income was $ 248.7 million for the year ended december 31 , 2004 .\n1 5 .\nc o n t i n g e n c i e s in the ordinary course of business , the company is involved in lawsuits , arbitrations and other formal and informal dispute resolution procedures , the outcomes of which will determine the company 2019s rights and obligations under insurance , reinsur- ance and other contractual agreements .\nin some disputes , the company seeks to enforce its rights under an agreement or to collect funds owing to it .\nin other matters , the company is resisting attempts by others to collect funds or enforce alleged rights .\nthese disputes arise from time to time and as they arise are addressed , and ultimately resolved , through both informal and formal means , including negotiated resolution , arbitration and litigation .\nin all such matters , the company believes that .\n\nQuestion: from 2007 to 2011 what was the total expected benefits payments in thousands",
        "solution": "1051"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2007/page_37.pdf\n\nID: LMT/2007/page_37.pdf-3\n\nPrevious Text:\nissuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2007 .\nperiod total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) maximum number of shares that may yet be purchased under the program ( b ) .\n\nTable Data:\n[['period', 'total number ofshares purchased', 'average pricepaid pershare', 'total number of sharespurchased as part ofpubliclyannouncedprogram ( a )', 'maximum number ofshares that may yet bepurchased under theprogram ( b )'], ['october', '127100', '$ 108.58', '127100', '35573131'], ['november', '1504300', '109.07', '1504300', '34068831'], ['december', '1325900', '108.78', '1325900', '32742931']]\n\nFollowing Text:\n( a ) we repurchased a total of 2957300 shares of our common stock during the quarter ended december 31 , 2007 under a share repurchase program that we announced in october 2002 .\n( b ) our board of directors has approved a share repurchase program for the repurchase of up to 128 million shares of our common stock from time-to-time , including 20 million shares approved for repurchase by our board of directors in september 2007 .\nunder the program , management has discretion to determine the number and price of the shares to be repurchased , and the timing of any repurchases , in compliance with applicable law and regulation .\nas of december 31 , 2007 , we had repurchased a total of 95.3 million shares under the program .\nin 2007 , we did not make any unregistered sales of equity securities. .\n\nQuestion: what percentage remains of the total approved shares for repurchased under the approved share repurchase program?",
        "solution": "26%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2007/page_37.pdf\n\nID: LMT/2007/page_37.pdf-1\n\nPrevious Text:\nissuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2007 .\nperiod total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) maximum number of shares that may yet be purchased under the program ( b ) .\n\nTable Data:\n[['period', 'total number ofshares purchased', 'average pricepaid pershare', 'total number of sharespurchased as part ofpubliclyannouncedprogram ( a )', 'maximum number ofshares that may yet bepurchased under theprogram ( b )'], ['october', '127100', '$ 108.58', '127100', '35573131'], ['november', '1504300', '109.07', '1504300', '34068831'], ['december', '1325900', '108.78', '1325900', '32742931']]\n\nFollowing Text:\n( a ) we repurchased a total of 2957300 shares of our common stock during the quarter ended december 31 , 2007 under a share repurchase program that we announced in october 2002 .\n( b ) our board of directors has approved a share repurchase program for the repurchase of up to 128 million shares of our common stock from time-to-time , including 20 million shares approved for repurchase by our board of directors in september 2007 .\nunder the program , management has discretion to determine the number and price of the shares to be repurchased , and the timing of any repurchases , in compliance with applicable law and regulation .\nas of december 31 , 2007 , we had repurchased a total of 95.3 million shares under the program .\nin 2007 , we did not make any unregistered sales of equity securities. .\n\nQuestion: how many shares in millions are available to be repurchased under the approved share repurchase program?",
        "solution": "32.7"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GPN/2010/page_41.pdf\n\nID: GPN/2010/page_41.pdf-3\n\nPrevious Text:\nthe following details the impairment charge resulting from our review ( in thousands ) : .\n\nTable Data:\n[['', 'year ended may 31 2009'], ['goodwill', '$ 136800'], ['trademark', '10000'], ['other long-lived assets', '864'], ['total', '$ 147664']]\n\nFollowing Text:\nnet income attributable to noncontrolling interests , net of tax noncontrolling interest , net of tax increased $ 28.9 million from $ 8.1 million fiscal 2008 .\nthe increase was primarily related to our acquisition of a 51% ( 51 % ) majority interest in hsbc merchant services , llp on june 30 , net income attributable to global payments and diluted earnings per share during fiscal 2009 we reported net income of $ 37.2 million ( $ 0.46 diluted earnings per share ) .\nliquidity and capital resources a significant portion of our liquidity comes from operating cash flows , which are generally sufficient to fund operations , planned capital expenditures , debt service and various strategic investments in our business .\ncash flow from operations is used to make planned capital investments in our business , to pursue acquisitions that meet our corporate objectives , to pay dividends , and to pay off debt and repurchase our shares at the discretion of our board of directors .\naccumulated cash balances are invested in high-quality and marketable short term instruments .\nour capital plan objectives are to support the company 2019s operational needs and strategic plan for long term growth while maintaining a low cost of capital .\nlines of credit are used in certain of our markets to fund settlement and as a source of working capital and , along with other bank financing , to fund acquisitions .\nwe regularly evaluate our liquidity and capital position relative to cash requirements , and we may elect to raise additional funds in the future , either through the issuance of debt , equity or otherwise .\nat may 31 , 2010 , we had cash and cash equivalents totaling $ 769.9 million .\nof this amount , we consider $ 268.1 million to be available cash , which generally excludes settlement related and merchant reserve cash balances .\nsettlement related cash balances represent surplus funds that we hold on behalf of our member sponsors when the incoming amount from the card networks precedes the member sponsors 2019 funding obligation to the merchant .\nmerchant reserve cash balances represent funds collected from our merchants that serve as collateral ( 201cmerchant reserves 201d ) to minimize contingent liabilities associated with any losses that may occur under the merchant agreement .\nat may 31 , 2010 , our cash and cash equivalents included $ 199.4 million related to merchant reserves .\nwhile this cash is not restricted in its use , we believe that designating this cash to collateralize merchant reserves strengthens our fiduciary standing with our member sponsors and is in accordance with the guidelines set by the card networks .\nsee cash and cash equivalents and settlement processing assets and obligations under note 1 in the notes to the consolidated financial statements for additional details .\nnet cash provided by operating activities increased $ 82.8 million to $ 465.8 million for fiscal 2010 from the prior year .\nincome from continuing operations increased $ 16.0 million and we had cash provided by changes in working capital of $ 60.2 million .\nthe working capital change was primarily due to the change in net settlement processing assets and obligations of $ 80.3 million and the change in accounts receivable of $ 13.4 million , partially offset by the change .\n\nQuestion: what is the percentage growth in net cash provided by operating activities from 2009 to 2010?",
        "solution": "21.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ALLE/2015/page_81.pdf\n\nID: ALLE/2015/page_81.pdf-2\n\nPrevious Text:\ntable of contents recoverability of goodwill is measured at the reporting unit level and begins with a qualitative assessment to determine if it is more likely than not that the fair value of each reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test prescribed by gaap .\nfor those reporting units where it is required , the first step compares the carrying amount of the reporting unit to its estimated fair value .\nif the estimated fair value of a reporting unit exceeds its carrying amount , goodwill of the reporting unit is not impaired and the second step of the impairment test is not necessary .\nto the extent that the carrying value of the reporting unit exceeds its estimated fair value , a second step is performed , wherein the reporting unit's carrying value of goodwill is compared to the implied fair value of goodwill .\nto the extent that the carrying value exceeds the implied fair value , impairment exists and must be recognized .\nthe calculation of estimated fair value is based on two valuation techniques , a discounted cash flow model ( income approach ) and a market adjusted multiple of earnings and revenues ( market approach ) , with each method being weighted in the calculation .\nthe implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination .\nthe estimated fair value of the reporting unit is allocated to all of the assets and liabilities of the reporting unit ( including any unrecognized intangible assets ) as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit , as determined in the first step of the goodwill impairment test , was the price paid to acquire that reporting unit .\nrecoverability of other intangible assets with indefinite useful lives ( i.e .\ntrademarks ) is determined on a relief from royalty methodology ( income approach ) , which is based on the implied royalty paid , at an appropriate discount rate , to license the use of an asset rather than owning the asset .\nthe present value of the after-tax cost savings ( i.e .\nroyalty relief ) indicates the estimated fair value of the asset .\nany excess of the carrying value over the estimated fair value is recognized as an impairment loss equal to that excess .\nintangible assets such as patents , customer-related intangible assets and other intangible assets with finite useful lives are amortized on a straight-line basis over their estimated economic lives .\nthe weighted-average useful lives approximate the following: .\n\nTable Data:\n[['customer relationships', '25', 'years'], ['trademarks', '25', 'years'], ['completed technology/patents', '10', 'years'], ['other', '25', 'years']]\n\nFollowing Text:\nrecoverability of intangible assets with finite useful lives is assessed in the same manner as property , plant and equipment as described above .\nincome taxes : for purposes of the company 2019s consolidated financial statements for periods prior to the spin-off , income tax expense has been recorded as if the company filed tax returns on a stand-alone basis separate from ingersoll rand .\nthis separate return methodology applies the accounting guidance for income taxes to the stand-alone financial statements as if the company was a stand-alone enterprise for the periods prior to the spin-off .\ntherefore , cash tax payments and items of current and deferred taxes may not be reflective of the company 2019s actual tax balances prior to or subsequent to the spin-off .\ncash paid for income taxes for the year ended december 31 , 2015 was $ 80.6 million .\nthe income tax accounts reflected in the consolidated balance sheets as of december 31 , 2015 and 2014 include income taxes payable and deferred taxes allocated to the company at the time of the spin-off .\nthe calculation of the company 2019s income taxes involves considerable judgment and the use of both estimates and allocations .\ndeferred tax assets and liabilities are determined based on temporary differences between financial reporting and tax bases of assets and liabilities , applying enacted tax rates expected to be in effect for the year in which the differences are expected to reverse .\nthe company recognizes future tax benefits , such as net operating losses and tax credits , to the extent that realizing these benefits is considered in its judgment to be more likely than not .\nthe company regularly reviews the recoverability of its deferred tax assets considering its historic profitability , projected future taxable income , timing of the reversals of existing temporary differences and the feasibility of its tax planning strategies .\nwhere appropriate , the company records a valuation allowance with respect to a future tax benefit .\nproduct warranties : standard product warranty accruals are recorded at the time of sale and are estimated based upon product warranty terms and historical experience .\nthe company assesses the adequacy of its liabilities and will make adjustments as necessary based on known or anticipated warranty claims , or as new information becomes available. .\n\nQuestion: what is the difference between the weighted average useful lives of trademarks and patents , in number of years?\\\\n",
        "solution": "15"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: V/2013/page_116.pdf\n\nID: V/2013/page_116.pdf-1\n\nPrevious Text:\nvisa inc .\nnotes to consolidated financial statements 2014 ( continued ) september 30 , 2013 market condition is based on the company 2019s total shareholder return ranked against that of other companies that are included in the standard & poor 2019s 500 index .\nthe fair value of the performance- based shares , incorporating the market condition , is estimated on the grant date using a monte carlo simulation model .\nthe grant-date fair value of performance-based shares in fiscal 2013 , 2012 and 2011 was $ 164.14 , $ 97.84 and $ 85.05 per share , respectively .\nearned performance shares granted in fiscal 2013 and 2012 vest approximately three years from the initial grant date .\nearned performance shares granted in fiscal 2011 vest in two equal installments approximately two and three years from their respective grant dates .\nall performance awards are subject to earlier vesting in full under certain conditions .\ncompensation cost for performance-based shares is initially estimated based on target performance .\nit is recorded net of estimated forfeitures and adjusted as appropriate throughout the performance period .\nat september 30 , 2013 , there was $ 15 million of total unrecognized compensation cost related to unvested performance-based shares , which is expected to be recognized over a weighted-average period of approximately 1.0 years .\nnote 17 2014commitments and contingencies commitments .\nthe company leases certain premises and equipment throughout the world with varying expiration dates .\nthe company incurred total rent expense of $ 94 million , $ 89 million and $ 76 million in fiscal 2013 , 2012 and 2011 , respectively .\nfuture minimum payments on leases , and marketing and sponsorship agreements per fiscal year , at september 30 , 2013 , are as follows: .\n\nTable Data:\n[['( in millions )', '2014', '2015', '2016', '2017', '2018', 'thereafter', 'total'], ['operating leases', '$ 100', '$ 77', '$ 43', '$ 35', '$ 20', '$ 82', '$ 357'], ['marketing and sponsorships', '116', '117', '61', '54', '54', '178', '580'], ['total', '$ 216', '$ 194', '$ 104', '$ 89', '$ 74', '$ 260', '$ 937']]\n\nFollowing Text:\nselect sponsorship agreements require the company to spend certain minimum amounts for advertising and marketing promotion over the life of the contract .\nfor commitments where the individual years of spend are not specified in the contract , the company has estimated the timing of when these amounts will be spent .\nin addition to the fixed payments stated above , select sponsorship agreements require the company to undertake marketing , promotional or other activities up to stated monetary values to support events which the company is sponsoring .\nthe stated monetary value of these activities typically represents the value in the marketplace , which may be significantly in excess of the actual costs incurred by the company .\nclient incentives .\nthe company has agreements with financial institution clients and other business partners for various programs designed to build payments volume , increase visa-branded card and product acceptance and win merchant routing transactions .\nthese agreements , with original terms ranging from one to thirteen years , can provide card issuance and/or conversion support , volume/growth targets and marketing and program support based on specific performance requirements .\nthese agreements are designed to encourage client business and to increase overall visa-branded payment and transaction volume , thereby reducing per-unit transaction processing costs and increasing brand awareness for all visa clients .\npayments made that qualify for capitalization , and obligations incurred under these programs are reflected on the consolidated balance sheet .\nclient incentives are recognized primarily as a reduction .\n\nQuestion: what was the average rent expense from 2011 to 2013 in millions",
        "solution": "86.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JKHY/2009/page_28.pdf\n\nID: JKHY/2009/page_28.pdf-2\n\nPrevious Text:\n26 | 2009 annual report in fiscal 2008 , revenues in the credit union systems and services business segment increased 14% ( 14 % ) from fiscal 2007 .\nall revenue components within the segment experienced growth during fiscal 2008 .\nlicense revenue generated the largest dollar growth in revenue as episys ae , our flagship core processing system aimed at larger credit unions , experienced strong sales throughout the year .\nsupport and service revenue , which is the largest component of total revenues for the credit union segment , experienced 34 percent growth in eft support and 10 percent growth in in-house support .\ngross profit in this business segment increased $ 9344 in fiscal 2008 compared to fiscal 2007 , due primarily to the increase in license revenue , which carries the highest margins .\nliquidity and capital resources we have historically generated positive cash flow from operations and have generally used funds generated from operations and short-term borrowings on our revolving credit facility to meet capital requirements .\nwe expect this trend to continue in the future .\nthe company 2019s cash and cash equivalents increased to $ 118251 at june 30 , 2009 from $ 65565 at june 30 , 2008 .\nthe following table summarizes net cash from operating activities in the statement of cash flows : 2009 2008 2007 .\n\nTable Data:\n[['2008', 'year ended june 30 2009 2008', 'year ended june 30 2009 2008', 'year ended june 30 2009'], ['net income', '$ 103102', '$ 104222', '$ 104681'], ['non-cash expenses', '74397', '70420', '56348'], ['change in receivables', '21214', '-2913 ( 2913 )', '-28853 ( 28853 )'], ['change in deferred revenue', '21943', '5100', '24576'], ['change in other assets and liabilities', '-14068 ( 14068 )', '4172', '17495'], ['net cash from operating activities', '$ 206588', '$ 181001', '$ 174247']]\n\nFollowing Text:\nyear ended june 30 , cash provided by operations increased $ 25587 to $ 206588 for the fiscal year ended june 30 , 2009 as compared to $ 181001 for the fiscal year ended june 30 , 2008 .\nthis increase is primarily attributable to a decrease in receivables compared to the same period a year ago of $ 21214 .\nthis decrease is largely the result of fiscal 2010 annual software maintenance billings being provided to customers earlier than in the prior year , which allowed more cash to be collected before the end of the fiscal year than in previous years .\nfurther , we collected more cash overall related to revenues that will be recognized in subsequent periods in the current year than in fiscal 2008 .\ncash used in investing activities for the fiscal year ended june 2009 was $ 59227 and includes $ 3027 in contingent consideration paid on prior years 2019 acquisitions .\ncash used in investing activities for the fiscal year ended june 2008 was $ 102148 and includes payments for acquisitions of $ 48109 , plus $ 1215 in contingent consideration paid on prior years 2019 acquisitions .\ncapital expenditures for fiscal 2009 were $ 31562 compared to $ 31105 for fiscal 2008 .\ncash used for software development in fiscal 2009 was $ 24684 compared to $ 23736 during the prior year .\nnet cash used in financing activities for the current fiscal year was $ 94675 and includes the repurchase of 3106 shares of our common stock for $ 58405 , the payment of dividends of $ 26903 and $ 13489 net repayment on our revolving credit facilities .\ncash used in financing activities was partially offset by proceeds of $ 3773 from the exercise of stock options and the sale of common stock ( through the employee stock purchase plan ) and $ 348 excess tax benefits from stock option exercises .\nduring fiscal 2008 , net cash used in financing activities for the fiscal year was $ 101905 and includes the repurchase of 4200 shares of our common stock for $ 100996 , the payment of dividends of $ 24683 and $ 429 net repayment on our revolving credit facilities .\ncash used in financing activities was partially offset by proceeds of $ 20394 from the exercise of stock options and the sale of common stock and $ 3809 excess tax benefits from stock option exercises .\nbeginning during fiscal 2008 , us financial markets and many of the largest us financial institutions have been shaken by negative developments in the home mortgage industry and the mortgage markets , and particularly the markets for subprime mortgage-backed securities .\nsince that time , these and other such developments have resulted in a broad , global economic downturn .\nwhile we , as is the case with most companies , have experienced the effects of this downturn , we have not experienced any significant issues with our current collection efforts , and we believe that any future impact to our liquidity will be minimized by cash generated by recurring sources of revenue and due to our access to available lines of credit. .\n\nQuestion: of the cash used in investing activities for the fiscal year ended june 2009 , what percentage was from contingent consideration paid on prior years 2019 acquisitions?",
        "solution": "5.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SLB/2006/page_45.pdf\n\nID: SLB/2006/page_45.pdf-3\n\nPrevious Text:\npart ii , item 7 in 2006 , cash provided by financing activities was $ 291 million which was primarily due to the proceeds from employee stock plans ( $ 442 million ) and an increase in debt of $ 1.5 billion partially offset by the repurchase of 17.99 million shares of schlumberger stock ( $ 1.07 billion ) and the payment of dividends to shareholders ( $ 568 million ) .\nschlumberger believes that at december 31 , 2006 , cash and short-term investments of $ 3.0 billion and available and unused credit facilities of $ 2.2 billion are sufficient to meet future business requirements for at least the next twelve months .\nsummary of major contractual commitments ( stated in millions ) .\n\nTable Data:\n[['contractual commitments', 'total', 'payment period 2007', 'payment period 2008 - 2009', 'payment period 2010 - 2011', 'payment period after 2011'], ['debt1', '$ 5986', '$ 1322', '$ 2055', '$ 1961', '$ 648'], ['operating leases', '$ 691', '$ 191', '$ 205', '$ 106', '$ 189'], ['purchase obligations2', '$ 1526', '$ 1490', '$ 36', '$ 2013', '$ 2013']]\n\nFollowing Text:\npurchase obligations 2 $ 1526 $ 1490 $ 36 $ 2013 $ 2013 1 .\nexcludes future payments for interest .\nincludes amounts relating to the $ 1425 million of convertible debentures which are described in note 11 of the consolidated financial statements .\n2 .\nrepresents an estimate of contractual obligations in the ordinary course of business .\nalthough these contractual obligations are considered enforceable and legally binding , the terms generally allow schlumberger the option to reschedule and adjust their requirements based on business needs prior to the delivery of goods .\nrefer to note 4 of the consolidated financial statements for details regarding potential commitments associated with schlumberger 2019s prior business acquisitions .\nrefer to note 20 of the consolidated financial statements for details regarding schlumberger 2019s pension and other postretirement benefit obligations .\nschlumberger has outstanding letters of credit/guarantees which relate to business performance bonds , custom/excise tax commitments , facility lease/rental obligations , etc .\nthese were entered into in the ordinary course of business and are customary practices in the various countries where schlumberger operates .\ncritical accounting policies and estimates the preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the united states requires schlumberger to make estimates and assumptions that affect the reported amounts of assets and liabilities , the disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses .\nthe following accounting policies involve 201ccritical accounting estimates 201d because they are particularly dependent on estimates and assumptions made by schlumberger about matters that are inherently uncertain .\na summary of all of schlumberger 2019s significant accounting policies is included in note 2 to the consolidated financial statements .\nschlumberger bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances , the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources .\nactual results may differ from these estimates under different assumptions or conditions .\nmulticlient seismic data the westerngeco segment capitalizes the costs associated with obtaining multiclient seismic data .\nthe carrying value of the multiclient seismic data library at december 31 , 2006 , 2005 and 2004 was $ 227 million , $ 222 million and $ 347 million , respectively .\nsuch costs are charged to cost of goods sold and services based on the percentage of the total costs to the estimated total revenue that schlumberger expects to receive from the sales of such data .\nhowever , except as described below under 201cwesterngeco purchase accounting , 201d under no circumstance will an individual survey carry a net book value greater than a 4-year straight-lined amortized value. .\n\nQuestion: what is the percent of the operating leases in 2007 as part of the total amount?",
        "solution": "27.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2013/page_68.pdf\n\nID: ADBE/2013/page_68.pdf-4\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .\nwe completed our annual impairment test in the second quarter of fiscal 2013 .\nwe elected to use the step 1 quantitative assessment for our three reporting units 2014digital media , digital marketing and print and publishing 2014and determined that there was no impairment of goodwill .\nthere is no significant risk of material goodwill impairment in any of our reporting units , based upon the results of our annual goodwill impairment test .\nwe amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .\nwe continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .\nwhen such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .\nif the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .\nwe did not recognize any intangible asset impairment charges in fiscal 2013 , 2012 or 2011 .\nour intangible assets are amortized over their estimated useful lives of 1 to 14 years .\namortization is based on the pattern in which the economic benefits of the intangible asset will be consumed or on a straight-line basis when the consumption pattern is not apparent .\nthe weighted average useful lives of our intangible assets were as follows : weighted average useful life ( years ) .\n\nTable Data:\n[['', 'weighted averageuseful life ( years )'], ['purchased technology', '6'], ['customer contracts and relationships', '10'], ['trademarks', '8'], ['acquired rights to use technology', '8'], ['localization', '1'], ['other intangibles', '3']]\n\nFollowing Text:\nsoftware development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .\namortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .\nto date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .\ninternal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .\nsuch capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .\ncapitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .\nincome taxes we use the asset and liability method of accounting for income taxes .\nunder this method , income tax expense is recognized for the amount of taxes payable or refundable for the current year .\nin addition , deferred tax assets and liabilities are recognized for expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities , and for operating losses and tax credit carryforwards .\nwe record a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not. .\n\nQuestion: what is the average weighted average useful life ( years ) for trademarks and acquired rights to use technology?",
        "solution": "8"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WELL/2016/page_61.pdf\n\nID: WELL/2016/page_61.pdf-4\n\nPrevious Text:\nitem 7 .\nmanagement 2019s discussion and analysis of financial condition and results of operations the following discussion and analysis is based primarily on the consolidated financial statements of welltower inc .\nfor the periods presented and should be read together with the notes thereto contained in this annual report on form 10-k .\nother important factors are identified in 201citem 1 2014 business 201d and 201citem 1a 2014 risk factors 201d above .\nexecutive summary company overview welltower inc .\n( nyse : hcn ) , an s&p 500 company headquartered in toledo , ohio , is driving the transformation of health care infrastructure .\nthe company invests with leading seniors housing operators , post- acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people 2019s wellness and overall health care experience .\nwelltowertm , a real estate investment trust ( 201creit 201d ) , owns interests in properties concentrated in major , high-growth markets in the united states , canada and the united kingdom , consisting of seniors housing and post-acute communities and outpatient medical properties .\nour capital programs , when combined with comprehensive planning , development and property management services , make us a single-source solution for acquiring , planning , developing , managing , repositioning and monetizing real estate assets .\nthe following table summarizes our consolidated portfolio for the year ended december 31 , 2016 ( dollars in thousands ) : type of property net operating income ( noi ) ( 1 ) percentage of number of properties .\n\nTable Data:\n[['type of property', 'net operating income ( noi ) ( 1 )', 'percentage of noi', 'number of properties'], ['triple-net', '$ 1208860', '50.3% ( 50.3 % )', '631'], ['seniors housing operating', '814114', '33.9% ( 33.9 % )', '420'], ['outpatient medical', '380264', '15.8% ( 15.8 % )', '262'], ['totals', '$ 2403238', '100.0% ( 100.0 % )', '1313']]\n\nFollowing Text:\n( 1 ) excludes our share of investments in unconsolidated entities and non-segment/corporate noi .\nentities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount .\nbusiness strategy our primary objectives are to protect stockholder capital and enhance stockholder value .\nwe seek to pay consistent cash dividends to stockholders and create opportunities to increase dividend payments to stockholders as a result of annual increases in net operating income and portfolio growth .\nto meet these objectives , we invest across the full spectrum of seniors housing and health care real estate and diversify our investment portfolio by property type , relationship and geographic location .\nsubstantially all of our revenues are derived from operating lease rentals , resident fees and services , and interest earned on outstanding loans receivable .\nthese items represent our primary sources of liquidity to fund distributions and depend upon the continued ability of our obligors to make contractual rent and interest payments to us and the profitability of our operating properties .\nto the extent that our customers/partners experience operating difficulties and become unable to generate sufficient cash to make payments to us , there could be a material adverse impact on our consolidated results of operations , liquidity and/or financial condition .\nto mitigate this risk , we monitor our investments through a variety of methods determined by the type of property .\nour proactive and comprehensive asset management process for seniors housing properties generally includes review of monthly financial statements and other operating data for each property , review of obligor/ partner creditworthiness , property inspections , and review of covenant compliance relating to licensure , real estate taxes , letters of credit and other collateral .\nour internal property management division actively manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations , lease expirations , the mix of health service providers , hospital/health system relationships , property performance .\n\nQuestion: what portion of the total properties is related to triple-net?",
        "solution": "48.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2012/page_87.pdf\n\nID: LMT/2012/page_87.pdf-2\n\nPrevious Text:\nvaluation techniques 2013 cash equivalents are mostly comprised of short-term money-market instruments and are valued at cost , which approximates fair value .\nu.s .\nequity securities and international equity securities categorized as level 1 are traded on active national and international exchanges and are valued at their closing prices on the last trading day of the year .\nfor u.s .\nequity securities and international equity securities not traded on an active exchange , or if the closing price is not available , the trustee obtains indicative quotes from a pricing vendor , broker , or investment manager .\nthese securities are categorized as level 2 if the custodian obtains corroborated quotes from a pricing vendor or categorized as level 3 if the custodian obtains uncorroborated quotes from a broker or investment manager .\ncommingled equity funds are public investment vehicles valued using the net asset value ( nav ) provided by the fund manager .\nthe nav is the total value of the fund divided by the number of shares outstanding .\ncommingled equity funds are categorized as level 1 if traded at their nav on a nationally recognized securities exchange or categorized as level 2 if the nav is corroborated by observable market data ( e.g. , purchases or sales activity ) .\nfixed income securities categorized as level 2 are valued by the trustee using pricing models that use verifiable observable market data ( e.g .\ninterest rates and yield curves observable at commonly quoted intervals ) , bids provided by brokers or dealers , or quoted prices of securities with similar characteristics .\nprivate equity funds , real estate funds , hedge funds , and fixed income securities categorized as level 3 are valued based on valuation models that include significant unobservable inputs and cannot be corroborated using verifiable observable market data .\nvaluations for private equity funds and real estate funds are determined by the general partners , while hedge funds are valued by independent administrators .\ndepending on the nature of the assets , the general partners or independent administrators use both the income and market approaches in their models .\nthe market approach consists of analyzing market transactions for comparable assets while the income approach uses earnings or the net present value of estimated future cash flows adjusted for liquidity and other risk factors .\ncommodities categorized as level 1 are traded on an active commodity exchange and are valued at their closing prices on the last trading day of the year .\ncommodities categorized as level 2 represent shares in a commingled commodity fund valued using the nav , which is corroborated by observable market data .\ncontributions and expected benefit payments we generally determine funding requirements for our defined benefit pension plans in a manner consistent with cas and internal revenue code rules .\nin 2012 , we made contributions of $ 3.6 billion related to our qualified defined benefit pension plans .\nwe plan to make contributions of approximately $ 1.5 billion related to the qualified defined benefit pension plans in 2013 .\nin 2012 , we made contributions of $ 235 million related to our retiree medical and life insurance plans .\nwe expect no required contributions related to the retiree medical and life insurance plans in 2013 .\nthe following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2012 ( in millions ) : .\n\nTable Data:\n[['', '2013', '2014', '2015', '2016', '2017', '2018 - 2022'], ['qualified defined benefit pension plans', '$ 1900', '$ 1970', '$ 2050', '$ 2130', '$ 2220', '$ 12880'], ['retiree medical and life insurance plans', '200', '210', '220', '220', '220', '1080']]\n\nFollowing Text:\ndefined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees .\nunder the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents .\nour contributions were $ 380 million in 2012 , $ 378 million in 2011 , and $ 379 million in 2010 , the majority of which were funded in our common stock .\nour defined contribution plans held approximately 48.6 million and 52.1 million shares of our common stock as of december 31 , 2012 and 2011. .\n\nQuestion: what is the percentage change in common stock held by defined contribution plans from 2011 to 2012?",
        "solution": "-6.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2012/page_56.pdf\n\nID: IP/2012/page_56.pdf-1\n\nPrevious Text:\nprinting papers demand for printing papers products is closely corre- lated with changes in commercial printing and advertising activity , direct mail volumes and , for uncoated cut-size products , with changes in white- collar employment levels that affect the usage of copy and laser printer paper .\npulp is further affected by changes in currency rates that can enhance or disadvantage producers in different geographic regions .\nprincipal cost drivers include manufacturing efficiency , raw material and energy costs and freight costs .\npr int ing papers net sales for 2012 were about flat with 2011 and increased 5% ( 5 % ) from 2010 .\noperat- ing profits in 2012 were 31% ( 31 % ) lower than in 2011 , but 25% ( 25 % ) higher than in 2010 .\nexcluding facility closure costs and impairment costs , operating profits in 2012 were 30% ( 30 % ) lower than in 2011 and 25% ( 25 % ) lower than in 2010 .\nbenefits from higher sales volumes ( $ 58 mil- lion ) were more than offset by lower sales price real- izations and an unfavorable product mix ( $ 233 million ) , higher operating costs ( $ 30 million ) , higher maintenance outage costs ( $ 17 million ) , higher input costs ( $ 32 million ) and other items ( $ 6 million ) .\nin addition , operating profits in 2011 included a $ 24 million gain related to the announced repurposing of our franklin , virginia mill to produce fluff pulp and an $ 11 million impairment charge related to our inverurie , scotland mill that was closed in 2009 .\nprinting papers .\n\nTable Data:\n[['in millions', '2012', '2011', '2010'], ['sales', '$ 6230', '$ 6215', '$ 5940'], ['operating profit', '599', '872', '481']]\n\nFollowing Text:\nnorth american pr int ing papers net sales were $ 2.7 billion in 2012 , $ 2.8 billion in 2011 and $ 2.8 billion in 2010 .\noperating profits in 2012 were $ 331 million compared with $ 423 million ( $ 399 million excluding a $ 24 million gain associated with the repurposing of our franklin , virginia mill ) in 2011 and $ 18 million ( $ 333 million excluding facility clo- sure costs ) in 2010 .\nsales volumes in 2012 were flat with 2011 .\naverage sales margins were lower primarily due to lower export sales prices and higher export sales volume .\ninput costs were higher for wood and chemicals , but were partially offset by lower purchased pulp costs .\nfreight costs increased due to higher oil prices .\nmanufacturing operating costs were favorable reflecting strong mill performance .\nplanned main- tenance downtime costs were slightly higher in 2012 .\nno market-related downtime was taken in either 2012 or 2011 .\nentering the first quarter of 2013 , sales volumes are expected to increase compared with the fourth quar- ter of 2012 reflecting seasonally stronger demand .\naverage sales price realizations are expected to be relatively flat as sales price realizations for domestic and export uncoated freesheet roll and cutsize paper should be stable .\ninput costs should increase for energy , chemicals and wood .\nplanned maintenance downtime costs are expected to be about $ 19 million lower with an outage scheduled at our georgetown mill versus outages at our courtland and eastover mills in the fourth quarter of 2012 .\nbraz i l ian papers net sales for 2012 were $ 1.1 bil- lion compared with $ 1.2 billion in 2011 and $ 1.1 bil- lion in 2010 .\noperating profits for 2012 were $ 163 million compared with $ 169 million in 2011 and $ 159 million in 2010 .\nsales volumes in 2012 were higher than in 2011 as international paper improved its segment position in the brazilian market despite weaker year-over-year conditions in most markets .\naverage sales price realizations improved for domestic uncoated freesheet paper , but the benefit was more than offset by declining prices for exported paper .\nmargins were favorably affected by an increased proportion of sales to the higher- margin domestic market .\nraw material costs increased for wood and chemicals , but costs for purchased pulp decreased .\noperating costs and planned maintenance downtime costs were lower than in 2011 .\nlooking ahead to 2013 , sales volumes in the first quarter are expected to be lower than in the fourth quarter of 2012 due to seasonally weaker customer demand for uncoated freesheet paper .\naverage sales price realizations are expected to increase in the brazilian domestic market due to the realization of an announced sales price increase for uncoated free- sheet paper , but the benefit should be partially offset by pricing pressures in export markets .\naverage sales margins are expected to be negatively impacted by a less favorable geographic mix .\ninput costs are expected to be about flat due to lower energy costs being offset by higher costs for wood , purchased pulp , chemicals and utilities .\nplanned maintenance outage costs should be $ 4 million lower with no outages scheduled in the first quarter .\noperating costs should be favorably impacted by the savings generated by the start-up of a new biomass boiler at the mogi guacu mill .\neuropean papers net sales in 2012 were $ 1.4 bil- lion compared with $ 1.4 billion in 2011 and $ 1.3 bil- lion in 2010 .\noperating profits in 2012 were $ 179 million compared with $ 196 million ( $ 207 million excluding asset impairment charges related to our inverurie , scotland mill which was closed in 2009 ) in 2011 and $ 197 million ( $ 199 million excluding an asset impairment charge ) in 2010 .\nsales volumes in 2012 compared with 2011 were higher for uncoated freesheet paper in both europe and russia , while sales volumes for pulp were lower in both regions .\naverage sales price realizations for uncoated .\n\nQuestion: what percentage of printing paper sales where north american printing papers sales in 2012?",
        "solution": "43%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2017/page_119.pdf\n\nID: C/2017/page_119.pdf-4\n\nPrevious Text:\nliquidity monitoring and measurement stress testing liquidity stress testing is performed for each of citi 2019s major entities , operating subsidiaries and/or countries .\nstress testing and scenario analyses are intended to quantify the potential impact of an adverse liquidity event on the balance sheet and liquidity position , and to identify viable funding alternatives that can be utilized .\nthese scenarios include assumptions about significant changes in key funding sources , market triggers ( such as credit ratings ) , potential uses of funding and geopolitical and macroeconomic conditions .\nthese conditions include expected and stressed market conditions as well as company-specific events .\nliquidity stress tests are conducted to ascertain potential mismatches between liquidity sources and uses over a variety of time horizons and over different stressed conditions .\nliquidity limits are set accordingly .\nto monitor the liquidity of an entity , these stress tests and potential mismatches are calculated with varying frequencies , with several tests performed daily .\ngiven the range of potential stresses , citi maintains contingency funding plans on a consolidated basis and for individual entities .\nthese plans specify a wide range of readily available actions for a variety of adverse market conditions or idiosyncratic stresses .\nshort-term liquidity measurement : liquidity coverage ratio ( lcr ) in addition to internal liquidity stress metrics that citi has developed for a 30-day stress scenario , citi also monitors its liquidity by reference to the lcr , as calculated pursuant to the u.s .\nlcr rules .\ngenerally , the lcr is designed to ensure that banks maintain an adequate level of hqla to meet liquidity needs under an acute 30-day stress scenario .\nthe lcr is calculated by dividing hqla by estimated net outflows over a stressed 30-day period , with the net outflows determined by applying prescribed outflow factors to various categories of liabilities , such as deposits , unsecured and secured wholesale borrowings , unused lending commitments and derivatives- related exposures , partially offset by inflows from assets maturing within 30 days .\nbanks are required to calculate an add-on to address potential maturity mismatches between contractual cash outflows and inflows within the 30-day period in determining the total amount of net outflows .\nthe minimum lcr requirement is 100% ( 100 % ) , effective january 2017 .\npursuant to the federal reserve board 2019s final rule regarding lcr disclosures , effective april 1 , 2017 , citi began to disclose lcr in the prescribed format .\nthe table below sets forth the components of citi 2019s lcr calculation and hqla in excess of net outflows for the periods indicated : in billions of dollars dec .\n31 , sept .\n30 , dec .\n31 .\n\nTable Data:\n[['in billions of dollars', 'dec . 31 2017', 'sept . 30 2017', 'dec . 31 2016'], ['hqla', '$ 446.4', '$ 448.6', '$ 403.7'], ['net outflows', '364.3', '365.1', '332.5'], ['lcr', '123% ( 123 % )', '123% ( 123 % )', '121% ( 121 % )'], ['hqla in excess of net outflows', '$ 82.1', '$ 83.5', '$ 71.3']]\n\nFollowing Text:\nnote : amounts set forth in the table above are presented on an average basis .\nas set forth in the table above , citi 2019s lcr increased year- over-year , as the increase in the hqla ( as discussed above ) more than offset an increase in modeled net outflows .\nthe increase in modeled net outflows was primarily driven by changes in assumptions , including changes in methodology to better align citi 2019s outflow assumptions with those embedded in its resolution planning .\nsequentially , citi 2019s lcr remained unchanged .\nlong-term liquidity measurement : net stable funding ratio ( nsfr ) in 2016 , the federal reserve board , the fdic and the occ issued a proposed rule to implement the basel iii nsfr requirement .\nthe u.s.-proposed nsfr is largely consistent with the basel committee 2019s final nsfr rules .\nin general , the nsfr assesses the availability of a bank 2019s stable funding against a required level .\na bank 2019s available stable funding would include portions of equity , deposits and long-term debt , while its required stable funding would be based on the liquidity characteristics of its assets , derivatives and commitments .\nprescribed factors would be required to be applied to the various categories of asset and liabilities classes .\nthe ratio of available stable funding to required stable funding would be required to be greater than 100% ( 100 % ) .\nwhile citi believes that it is compliant with the proposed u.s .\nnsfr rules as of december 31 , 2017 , it will need to evaluate a final version of the rules , which are expected to be released during 2018 .\nciti expects that the nsfr final rules implementation period will be communicated along with the final version of the rules. .\n\nQuestion: what was the percentage increase in the net outflows from 2016 to 2017",
        "solution": "9.6%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2006/page_79.pdf\n\nID: AAPL/2006/page_79.pdf-4\n\nPrevious Text:\nnotes to consolidated financial statements ( continued ) note 1 2014summary of significant accounting policies ( continued ) present value is accreted over the life of the related lease as an operating expense .\nall of the company 2019s existing asset retirement obligations are associated with commitments to return property subject to operating leases to original condition upon lease termination .\nthe following table reconciles changes in the company 2019s asset retirement liabilities for fiscal 2006 and 2005 ( in millions ) : .\n\nTable Data:\n[['asset retirement liability as of september 25 2004', '$ 8.2'], ['additional asset retirement obligations recognized', '2.8'], ['accretion recognized', '0.7'], ['asset retirement liability as of september 24 2005', '$ 11.7'], ['additional asset retirement obligations recognized', '2.5'], ['accretion recognized', '0.5'], ['asset retirement liability as of september 30 2006', '$ 14.7']]\n\nFollowing Text:\nlong-lived assets including goodwill and other acquired intangible assets the company reviews property , plant , and equipment and certain identifiable intangibles , excluding goodwill , for impairment in accordance with sfas no .\n144 , accounting for the impairment of long-lived assets and for long-lived assets to be disposed of .\nlong-lived assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable .\nrecoverability of these assets is measured by comparison of its carrying amount to future undiscounted cash flows the assets are expected to generate .\nif property , plant , and equipment and certain identifiable intangibles are considered to be impaired , the impairment to be recognized equals the amount by which the carrying value of the assets exceeds its fair market value .\nfor the three fiscal years ended september 30 , 2006 , the company had no material impairment of its long-lived assets , except for the impairment of certain assets in connection with the restructuring actions described in note 6 of these notes to consolidated financial statements .\nsfas no .\n142 , goodwill and other intangible assets requires that goodwill and intangible assets with indefinite useful lives should not be amortized but rather be tested for impairment at least annually or sooner whenever events or changes in circumstances indicate that they may be impaired .\nthe company performs its goodwill impairment tests on or about august 30 of each year .\nthe company did not recognize any goodwill or intangible asset impairment charges in 2006 , 2005 , or 2004 .\nthe company established reporting units based on its current reporting structure .\nfor purposes of testing goodwill for impairment , goodwill has been allocated to these reporting units to the extent it relates to each reporting sfas no .\n142 also requires that intangible assets with definite lives be amortized over their estimated useful lives and reviewed for impairment in accordance with sfas no .\n144 .\nthe company is currently amortizing its acquired intangible assets with definite lives over periods ranging from 3 to 10 years .\nforeign currency translation the company translates the assets and liabilities of its international non-u.s .\nfunctional currency subsidiaries into u.s .\ndollars using exchange rates in effect at the end of each period .\nrevenue and expenses for these subsidiaries are translated using rates that approximate those in effect during the period .\ngains and losses from these translations are credited or charged to foreign currency translation .\n\nQuestion: what was the net change in millions in asset retirement liability between september 2005 and september 2004?",
        "solution": "3.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2014/page_18.pdf\n\nID: AAL/2014/page_18.pdf-4\n\nPrevious Text:\ntable of contents respect to the mainline american and the mainline us airways dispatchers , flight simulator engineers and flight crew training instructors , all of whom are now represented by the twu , a rival organization , the national association of airline professionals ( naap ) , filed single carrier applications seeking to represent those employees .\nthe nmb will have to determine that a single transportation system exists and will certify a post-merger representative of the combined employee groups before the process for negotiating new jcbas can begin .\nthe merger had no impact on the cbas that cover the employees of our wholly-owned subsidiary airlines which are not being merged ( envoy , piedmont and psa ) .\nfor those employees , the rla provides that cbas do not expire , but instead become amendable as of a stated date .\nin 2014 , envoy pilots ratified a new 10 year collective bargaining agreement , piedmont pilots ratified a new 10 year collective bargaining agreement and piedmont flight attendants ratified a new five-year collective bargaining agreement .\nwith the exception of the passenger service employees who are now engaged in traditional rla negotiations that are expected to result in a jcba and the us airways flight simulator engineers and flight crew training instructors , other union-represented american mainline employees are covered by agreements that are not currently amendable .\nuntil those agreements become amendable , negotiations for jcbas will be conducted outside the traditional rla bargaining process described above , and , in the meantime , no self-help will be permissible .\nthe piedmont mechanics and stock clerks and the psa and piedmont dispatchers also have agreements that are now amendable and are engaged in traditional rla negotiations .\nnone of the unions representing our employees presently may lawfully engage in concerted refusals to work , such as strikes , slow-downs , sick-outs or other similar activity , against us .\nnonetheless , there is a risk that disgruntled employees , either with or without union involvement , could engage in one or more concerted refusals to work that could individually or collectively harm the operation of our airline and impair our financial performance .\nfor more discussion , see part i , item 1a .\nrisk factors 2013 201cunion disputes , employee strikes and other labor-related disruptions may adversely affect our operations . 201d aircraft fuel our operations and financial results are significantly affected by the availability and price of jet fuel .\nbased on our 2015 forecasted mainline and regional fuel consumption , we estimate that , as of december 31 , 2014 , a one cent per gallon increase in aviation fuel price would increase our 2015 annual fuel expense by $ 43 million .\nthe following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline operations for 2012 through 2014 ( gallons and aircraft fuel expense in millions ) .\nyear gallons average price per gallon aircraft fuel expense percent of total mainline operating expenses .\n\nTable Data:\n[['year', 'gallons', 'average price per gallon', 'aircraft fuel expense', 'percent of total mainline operating expenses'], ['2014', '3644', '$ 2.91', '$ 10592', '33.2% ( 33.2 % )'], ['2013 ( a )', '3608', '3.08', '11109', '35.4'], ['2012 ( a )', '3512', '3.19', '11194', '35.8']]\n\nFollowing Text:\n( a ) represents 201ccombined 201d financial data , which includes the financial results of american and us airways group each on a standalone basis .\ntotal combined fuel expenses for our wholly-owned and third-party regional carriers operating under capacity purchase agreements of american and us airways group , each on a standalone basis , were $ 2.0 billion , $ 2.1 billion and $ 2.1 billion for the years ended december 31 , 2014 , 2013 and 2012 , respectively. .\n\nQuestion: what were total mainline operating expenses in 2013?",
        "solution": "31381"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2005/page_32.pdf\n\nID: AMT/2005/page_32.pdf-4\n\nPrevious Text:\ndiscussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014 factors affecting sources of liquidity . 201d recent sales of unregistered securities during the year ended december 31 , 2005 , we issued an aggregate of 4670335 shares of our class a common stock upon conversion of $ 57.1 million principal amount of our 3.25% ( 3.25 % ) notes .\npursuant to the terms of the indenture , the holders of the 3.25% ( 3.25 % ) notes received 81.808 shares of class a common stock for every $ 1000 principal amount of notes converted .\nthe shares were issued to the noteholders in reliance on the exemption from registration set forth in section 3 ( a ) ( 9 ) of the securities act of 1933 , as amended .\nno underwriters were engaged in connection with such issuances .\nin connection with the conversion , we paid such holders an aggregate of $ 4.9 million , calculated based on the accrued and unpaid interest on the notes and the discounted value of the future interest payments on the notes .\nsubsequent to december 31 , 2005 , we issued shares of class a common stock upon conversions of additional 3.25% ( 3.25 % ) notes , as set forth in item 9b of this annual report under the caption 201cother information . 201d during the year ended december 31 , 2005 , we issued an aggregate of 398412 shares of our class a common stock upon exercises of 55729 warrants assumed in our merger with spectrasite , inc .\nin august 2005 , in connection with our merger with spectrasite , inc. , we assumed approximately 1.0 million warrants to purchase shares of spectrasite , inc .\ncommon stock .\nupon completion of the merger , each warrant to purchase shares of spectrasite , inc .\ncommon stock automatically converted into a warrant to purchase 7.15 shares of class a common stock at an exercise price of $ 32 per warrant .\nnet proceeds from these warrant exercises were approximately $ 1.8 million .\nthe shares of class a common stock issued to the warrantholders upon exercise of the warrants were issued in reliance on the exemption from registration set forth in section 3 ( a ) ( 9 ) of the securities act of 1933 , as amended .\nno underwriters were engaged in connection with such issuances .\nsubsequent to december 31 , 2005 , we issued shares of class a common stock upon exercises of additional warrants , as set forth in item 9b of this annual report under the caption 201cother information . 201d issuer purchases of equity securities in november 2005 , we announced that our board of directors had approved a stock repurchase program pursuant to which we intend to repurchase up to $ 750.0 million of our class a common stock through december 2006 .\nduring the fourth quarter of 2005 , we repurchased 2836519 shares of our class a common stock for an aggregate of $ 76.6 million pursuant to our stock repurchase program , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) .\n\nTable Data:\n[['period', 'total number of shares purchased ( 1 )', 'average price paid per share', 'total number of shares purchased as part of publicly announced plans or programs ( 1 )', 'approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions )'], ['11/17/05 2013 11/30/05', '874306', '$ 26.25', '874306', '$ 727.0'], ['12/1/05 2013 12/31/05', '1962213', '$ 27.29', '1962213', '$ 673.4'], ['total fourth quarter', '2836519', '$ 26.97', '2836519', '$ 673.4']]\n\nFollowing Text:\n( 1 ) all issuer repurchases were made pursuant to the stock repurchase program publicly announced in november 2005 .\npursuant to the program , we intend to repurchase up to $ 750.0 million of our class a common stock during the period november 2005 through december 2006 .\nunder the program , our management is authorized to purchase shares from time to time in open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors .\nto facilitate repurchases , we entered into a trading plan under rule 10b5-1 of the securities exchange act of 1934 , which allows us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self- imposed trading blackout periods .\nthe program may be discontinued at any time .\nsince december 31 , 2005 , we have continued to repurchase shares of our class a common stock pursuant to our stock repurchase program .\nbetween january 1 , 2006 and march 9 , 2006 , we repurchased 3.9 million shares of class a common stock for an aggregate of $ 117.4 million pursuant to the stock repurchase program. .\n\nQuestion: during the period 11/17/05 2013 11/30/05 what was the percentage of the treasury stock purchased in the fourth quarter of 2005",
        "solution": "31%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JPM/2014/page_128.pdf\n\nID: JPM/2014/page_128.pdf-2\n\nPrevious Text:\nmanagement 2019s discussion and analysis 126 jpmorgan chase & co./2014 annual report while useful as a current view of credit exposure , the net fair value of the derivative receivables does not capture the potential future variability of that credit exposure .\nto capture the potential future variability of credit exposure , the firm calculates , on a client-by-client basis , three measures of potential derivatives-related credit loss : peak , derivative risk equivalent ( 201cdre 201d ) , and average exposure ( 201cavg 201d ) .\nthese measures all incorporate netting and collateral benefits , where applicable .\npeak exposure to a counterparty is an extreme measure of exposure calculated at a 97.5% ( 97.5 % ) confidence level .\ndre exposure is a measure that expresses the risk of derivative exposure on a basis intended to be equivalent to the risk of loan exposures .\nthe measurement is done by equating the unexpected loss in a derivative counterparty exposure ( which takes into consideration both the loss volatility and the credit rating of the counterparty ) with the unexpected loss in a loan exposure ( which takes into consideration only the credit rating of the counterparty ) .\ndre is a less extreme measure of potential credit loss than peak and is the primary measure used by the firm for credit approval of derivative transactions .\nfinally , avg is a measure of the expected fair value of the firm 2019s derivative receivables at future time periods , including the benefit of collateral .\navg exposure over the total life of the derivative contract is used as the primary metric for pricing purposes and is used to calculate credit capital and the cva , as further described below .\nthe three year avg exposure was $ 37.5 billion and $ 35.4 billion at december 31 , 2014 and 2013 , respectively , compared with derivative receivables , net of all collateral , of $ 59.4 billion and $ 51.3 billion at december 31 , 2014 and 2013 , respectively .\nthe fair value of the firm 2019s derivative receivables incorporates an adjustment , the cva , to reflect the credit quality of counterparties .\nthe cva is based on the firm 2019s avg to a counterparty and the counterparty 2019s credit spread in the credit derivatives market .\nthe primary components of changes in cva are credit spreads , new deal activity or unwinds , and changes in the underlying market environment .\nthe firm believes that active risk management is essential to controlling the dynamic credit risk in the derivatives portfolio .\nin addition , the firm 2019s risk management process takes into consideration the potential impact of wrong-way risk , which is broadly defined as the potential for increased correlation between the firm 2019s exposure to a counterparty ( avg ) and the counterparty 2019s credit quality .\nmany factors may influence the nature and magnitude of these correlations over time .\nto the extent that these correlations are identified , the firm may adjust the cva associated with that counterparty 2019s avg .\nthe firm risk manages exposure to changes in cva by entering into credit derivative transactions , as well as interest rate , foreign exchange , equity and commodity derivative transactions .\nthe accompanying graph shows exposure profiles to the firm 2019s current derivatives portfolio over the next 10 years as calculated by the dre and avg metrics .\nthe two measures generally show that exposure will decline after the first year , if no new trades are added to the portfolio .\nthe following table summarizes the ratings profile by derivative counterparty of the firm 2019s derivative receivables , including credit derivatives , net of other liquid securities collateral , for the dates indicated .\nthe ratings scale is based on the firm 2019s internal ratings , which generally correspond to the ratings as defined by s&p and moody 2019s .\nratings profile of derivative receivables rating equivalent 2014 2013 ( a ) december 31 , ( in millions , except ratios ) exposure net of all collateral % (  % ) of exposure net of all collateral exposure net of all collateral % (  % ) of exposure net of all collateral .\n\nTable Data:\n[['rating equivalent december 31 ( in millions except ratios )', 'rating equivalent exposure net of all collateral', 'rating equivalent % (  % ) of exposure net of all collateral', 'exposure net of all collateral', '% (  % ) of exposure net of all collateral'], ['aaa/aaa to aa-/aa3', '$ 19202', '32% ( 32 % )', '$ 12953', '25% ( 25 % )'], ['a+/a1 to a-/a3', '13940', '24', '12930', '25'], ['bbb+/baa1 to bbb-/baa3', '19008', '32', '15220', '30'], ['bb+/ba1 to b-/b3', '6384', '11', '6806', '13'], ['ccc+/caa1 and below', '837', '1', '3415', '7'], ['total', '$ 59371', '100% ( 100 % )', '$ 51324', '100% ( 100 % )']]\n\nFollowing Text:\n( a ) the prior period amounts have been revised to conform with the current period presentation. .\n\nQuestion: what percent of the ratings profile of derivative receivables were junk rated in 2013?",
        "solution": "20"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LKQ/2010/page_72.pdf\n\nID: LKQ/2010/page_72.pdf-3\n\nPrevious Text:\non either a straight-line or accelerated basis .\namortization expense for intangibles was approximately $ 4.2 million , $ 4.1 million and $ 4.1 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively .\nestimated annual amortization expense of the december 31 , 2010 balance for the years ended december 31 , 2011 through 2015 is approximately $ 4.8 million .\nimpairment of long-lived assets long-lived assets are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable .\nif such review indicates that the carrying amount of long- lived assets is not recoverable , the carrying amount of such assets is reduced to fair value .\nduring the year ended december 31 , 2010 , we recognized impairment charges on certain long-lived assets during the normal course of business of $ 1.3 million .\nthere were no adjustments to the carrying value of long-lived assets of continuing operations during the years ended december 31 , 2009 or 2008 .\nfair value of financial instruments our debt is reflected on the balance sheet at cost .\nbased on market conditions as of december 31 , 2010 , the fair value of our term loans ( see note 5 , 201clong-term obligations 201d ) reasonably approximated the carrying value of $ 590 million .\nat december 31 , 2009 , the fair value of our term loans at $ 570 million was below the carrying value of $ 596 million because our interest rate margins were below the rate available in the market .\nwe estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations .\nthe upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2010 and 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans .\nthe carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value .\nwe apply the market and income approaches to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps .\nrequired fair value disclosures are included in note 7 , 201cfair value measurements . 201d product warranties some of our salvage mechanical products are sold with a standard six-month warranty against defects .\nadditionally , some of our remanufactured engines are sold with a standard three-year warranty against defects .\nwe record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses .\nthe changes in the warranty reserve are as follows ( in thousands ) : .\n\nTable Data:\n[['balance as of january 1 2009', '$ 540'], ['warranty expense', '5033'], ['warranty claims', '-4969 ( 4969 )'], ['balance as of december 31 2009', '604'], ['warranty expense', '9351'], ['warranty claims', '-8882 ( 8882 )'], ['business acquisitions', '990'], ['balance as of december 31 2010', '$ 2063']]\n\nFollowing Text:\nself-insurance reserves we self-insure a portion of employee medical benefits under the terms of our employee health insurance program .\nwe purchase certain stop-loss insurance to limit our liability exposure .\nwe also self-insure a portion of .\n\nQuestion: what was the percentage change in the changes in the warranty reserve in 2009",
        "solution": "11.9%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2018/page_23.pdf\n\nID: AAPL/2018/page_23.pdf-4\n\nPrevious Text:\napple inc .\n| 2018 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend-reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index for the five years ended september 29 , 2018 .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index as of the market close on september 27 , 2013 .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\n* $ 100 invested on september 27 , 2013 in stock or index , including reinvestment of dividends .\ndata points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes .\ncopyright a9 2018 standard & poor 2019s , a division of s&p global .\nall rights reserved .\ncopyright a9 2018 s&p dow jones indices llc , a division of s&p global .\nall rights reserved .\nseptember september september september september september .\n\nTable Data:\n[['', 'september2013', 'september2014', 'september2015', 'september2016', 'september2017', 'september2018'], ['apple inc .', '$ 100', '$ 149', '$ 173', '$ 174', '$ 242', '$ 359'], ['s&p 500 index', '$ 100', '$ 120', '$ 119', '$ 137', '$ 163', '$ 192'], ['s&p information technology index', '$ 100', '$ 129', '$ 132', '$ 162', '$ 209', '$ 275'], ['dow jones u.s . technology supersector index', '$ 100', '$ 130', '$ 130', '$ 159', '$ 203', '$ 266']]\n\nFollowing Text:\n.\n\nQuestion: did apple outperform ( earn a greater return ) than the s&p information technology index in september 2014?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IPG/2014/page_37.pdf\n\nID: IPG/2014/page_37.pdf-4\n\nPrevious Text:\nmanagement 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 2013 primarily related to payments for capital expenditures and acquisitions .\ncapital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements .\nwe made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired .\nfinancing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends .\nduring 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock .\nthis was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes .\nnet 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 .\nwe redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes .\nin 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 .\nforeign 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 $ 101.0 in 2014 .\nthe decrease was primarily a result of the u.s .\ndollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 .\nthe 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 .\nthe decrease was primarily a result of the u.s .\ndollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. .\n\nTable Data:\n[['balance sheet data', 'december 31 , 2014', 'december 31 , 2013'], ['cash cash equivalents and marketable securities', '$ 1667.2', '$ 1642.1'], ['short-term borrowings', '$ 107.2', '$ 179.1'], ['current portion of long-term debt', '2.1', '353.6'], ['long-term debt', '1623.5', '1129.8'], ['total debt', '$ 1732.8', '$ 1662.5']]\n\nFollowing Text:\nliquidity 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 .\nwe also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs .\nwe 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 .\nfrom time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk .\nour ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit .\nthere can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .\n\nQuestion: what is the net change in cash , cash equivalents and marketable securities in 2014?",
        "solution": "25.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_57.pdf\n\nID: GS/2012/page_57.pdf-4\n\nPrevious Text:\nmanagement 2019s discussion and analysis net revenues in equities were $ 8.26 billion for 2011 , 2% ( 2 % ) higher than 2010 .\nduring 2011 , average volatility levels increased and equity prices in europe and asia declined significantly , particularly during the third quarter .\nthe increase in net revenues reflected higher commissions and fees , primarily due to higher market volumes , particularly during the third quarter of 2011 .\nin addition , net revenues in securities services increased compared with 2010 , reflecting the impact of higher average customer balances .\nequities client execution net revenues were lower than 2010 , primarily reflecting significantly lower net revenues in shares .\nthe net gain attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 , compared with a net gain of $ 198 million ( $ 188 million and $ 10 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2010 .\ninstitutional client services operated in an environment generally characterized by increased concerns regarding the weakened state of global economies , including heightened european sovereign debt risk , and its impact on the european banking system and global financial institutions .\nthese conditions also impacted expectations for economic prospects in the united states and were reflected in equity and debt markets more broadly .\nin addition , the downgrade in credit ratings of the u.s .\ngovernment and federal agencies and many financial institutions during the second half of 2011 contributed to further uncertainty in the markets .\nthese concerns , as well as other broad market concerns , such as uncertainty over financial regulatory reform , continued to have a negative impact on our net revenues during 2011 .\noperating expenses were $ 12.84 billion for 2011 , 14% ( 14 % ) lower than 2010 , due to decreased compensation and benefits expenses , primarily resulting from lower net revenues , lower net provisions for litigation and regulatory proceedings ( 2010 included $ 550 million related to a settlement with the sec ) , the impact of the u.k .\nbank payroll tax during 2010 , as well as an impairment of our nyse dmm rights of $ 305 million during 2010 .\nthese decreases were partially offset by higher brokerage , clearing , exchange and distribution fees , principally reflecting higher transaction volumes in equities .\npre-tax earnings were $ 4.44 billion in 2011 , 35% ( 35 % ) lower than 2010 .\ninvesting & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients .\nthese investments and loans are typically longer-term in nature .\nwe make investments , directly and indirectly through funds that we manage , in debt securities and loans , public and private equity securities , real estate , consolidated investment entities and power generation facilities .\nthe table below presents the operating results of our investing & lending segment. .\n\nTable Data:\n[['in millions', 'year ended december 2012', 'year ended december 2011', 'year ended december 2010'], ['icbc', '$ 408', '$ -517 ( 517 )', '$ 747'], ['equity securities ( excluding icbc )', '2392', '1120', '2692'], ['debt securities and loans', '1850', '96', '2597'], ['other', '1241', '1443', '1505'], ['total net revenues', '5891', '2142', '7541'], ['operating expenses', '2666', '2673', '3361'], ['pre-tax earnings/ ( loss )', '$ 3225', '$ -531 ( 531 )', '$ 4180']]\n\nFollowing Text:\n2012 versus 2011 .\nnet revenues in investing & lending were $ 5.89 billion and $ 2.14 billion for 2012 and 2011 , respectively .\nduring 2012 , investing & lending net revenues were positively impacted by tighter credit spreads and an increase in global equity prices .\nresults for 2012 included a gain of $ 408 million from our investment in the ordinary shares of icbc , net gains of $ 2.39 billion from other investments in equities , primarily in private equities , net gains and net interest income of $ 1.85 billion from debt securities and loans , and other net revenues of $ 1.24 billion , principally related to our consolidated investment entities .\nif equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted .\noperating expenses were $ 2.67 billion for 2012 , essentially unchanged compared with 2011 .\npre-tax earnings were $ 3.23 billion in 2012 , compared with a pre-tax loss of $ 531 million in 2011 .\ngoldman sachs 2012 annual report 55 .\n\nQuestion: what was the difference in net revenues in investing & lending in billions between 2012 and 2011?",
        "solution": "3.75"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2011/page_209.pdf\n\nID: PNC/2011/page_209.pdf-4\n\nPrevious Text:\nagreements associated with the agency securitizations , most sale agreements do not provide for penalties or other remedies if we do not respond timely to investor indemnification or repurchase requests .\norigination and sale of residential mortgages is an ongoing business activity and , accordingly , management continually assesses the need to recognize indemnification and repurchase liabilities pursuant to the associated investor sale agreements .\nwe establish indemnification and repurchase liabilities for estimated losses on sold first and second-lien mortgages and home equity loans/lines for which indemnification is expected to be provided or for loans that are expected to be repurchased .\nfor the first and second-lien mortgage sold portfolio , we have established an indemnification and repurchase liability pursuant to investor sale agreements based on claims made and our estimate of future claims on a loan by loan basis .\nthese relate primarily to loans originated during 2006-2008 .\nfor the home equity loans/lines sold portfolio , we have established indemnification and repurchase liabilities based upon this same methodology for loans sold during 2005-2007 .\nindemnification and repurchase liabilities are initially recognized when loans are sold to investors and are subsequently evaluated by management .\ninitial recognition and subsequent adjustments to the indemnification and repurchase liability for the sold residential mortgage portfolio are recognized in residential mortgage revenue on the consolidated income statement .\nsince pnc is no longer engaged in the brokered home equity lending business , only subsequent adjustments are recognized to the home equity loans/lines indemnification and repurchase liability .\nthese adjustments are recognized in other noninterest income on the consolidated income statement .\nmanagement 2019s subsequent evaluation of these indemnification and repurchase liabilities is based upon trends in indemnification and repurchase requests , actual loss experience , risks in the underlying serviced loan portfolios , and current economic conditions .\nas part of its evaluation , management considers estimated loss projections over the life of the subject loan portfolio .\nat december 31 , 2011 and december 31 , 2010 , the total indemnification and repurchase liability for estimated losses on indemnification and repurchase claims totaled $ 130 million and $ 294 million , respectively , and was included in other liabilities on the consolidated balance sheet .\nan analysis of the changes in this liability during 2011 and 2010 follows : analysis of indemnification and repurchase liability for asserted claims and unasserted claims .\n\nTable Data:\n[['in millions', '2011 residential mortgages ( a )', '2011 home equity loans/lines ( b )', '2011 total', '2011 residential mortgages ( a )', '2011 home equity loans/lines ( b )', 'total'], ['january 1', '$ 144', '$ 150', '$ 294', '$ 229', '$ 41', '$ 270'], ['reserve adjustments net', '102', '4', '106', '120', '144', '264'], ['losses 2013 loan repurchases and settlements', '-163 ( 163 )', '-107 ( 107 )', '-270 ( 270 )', '-205 ( 205 )', '-35 ( 35 )', '-240 ( 240 )'], ['december 31', '$ 83', '$ 47', '$ 130', '$ 144', '$ 150', '$ 294']]\n\nFollowing Text:\n( a ) repurchase obligation associated with sold loan portfolios of $ 121.4 billion and $ 139.8 billion at december 31 , 2011 and december 31 , 2010 , respectively .\n( b ) repurchase obligation associated with sold loan portfolios of $ 4.5 billion and $ 6.5 billion at december 31 , 2011 and december 31 , 2010 , respectively .\npnc is no longer engaged in the brokered home equity lending business , which was acquired with national city .\nmanagement believes our indemnification and repurchase liabilities appropriately reflect the estimated probable losses on investor indemnification and repurchase claims at december 31 , 2011 and 2010 .\nwhile management seeks to obtain all relevant information in estimating the indemnification and repurchase liability , the estimation process is inherently uncertain and imprecise and , accordingly , it is reasonably possible that future indemnification and repurchase losses could be more or less than our established liability .\nfactors that could affect our estimate include the volume of valid claims driven by investor strategies and behavior , our ability to successfully negotiate claims with investors , housing prices , and other economic conditions .\nat december 31 , 2011 , we estimate that it is reasonably possible that we could incur additional losses in excess of our indemnification and repurchase liability of up to $ 85 million .\nthis estimate of potential additional losses in excess of our liability is based on assumed higher investor demands , lower claim rescissions , and lower home prices than our current assumptions .\nreinsurance agreements we have two wholly-owned captive insurance subsidiaries which provide reinsurance to third-party insurers related to insurance sold to our customers .\nthese subsidiaries enter into various types of reinsurance agreements with third-party insurers where the subsidiary assumes the risk of loss through either an excess of loss or quota share agreement up to 100% ( 100 % ) reinsurance .\nin excess of loss agreements , these subsidiaries assume the risk of loss for an excess layer of coverage up to specified limits , once a defined first loss percentage is met .\nin quota share agreements , the subsidiaries and third-party insurers share the responsibility for payment of all claims .\nthese subsidiaries provide reinsurance for accidental death & dismemberment , credit life , accident & health , lender placed 200 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: residential mortgages were what percent of the total indemnification and repurchase liability for asserted claims and unasserted claims as of december 31 2011?",
        "solution": "63.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PPG/2011/page_28.pdf\n\nID: PPG/2011/page_28.pdf-4\n\nPrevious Text:\nliquidity and capital resources during the past three years , we had sufficient financial resources to meet our operating requirements , to fund our capital spending , share repurchases and pension plans and to pay increasing dividends to our shareholders .\ncash from operating activities was $ 1436 million , $ 1310 million , and $ 1345 million in 2011 , 2010 , and 2009 , respectively .\nhigher earnings increased cash from operations in 2011 compared to 2010 , but the increase was reduced by cash used to fund an increase in working capital of $ 212 million driven by our sales growth in 2011 .\ncash provided by working capital was greater in 2009 than 2010 and that decline was more than offset by the cash from higher 2010 earnings .\noperating working capital is a subset of total working capital and represents ( 1 ) trade receivables-net of the allowance for doubtful accounts , plus ( 2 ) inventories on a first-in , first-out ( 201cfifo 201d ) basis , less ( 3 ) trade creditors 2019 liabilities .\nsee note 3 , 201cworking capital detail 201d under item 8 of this form 10-k for further information related to the components of the company 2019s operating working capital .\nwe believe operating working capital represents the key components of working capital under the operating control of our businesses .\noperating working capital at december 31 , 2011 and 2010 was $ 2.7 billion and $ 2.6 billion , respectively .\na key metric we use to measure our working capital management is operating working capital as a percentage of sales ( fourth quarter sales annualized ) .\n( millions ) 2011 2010 operating working capital $ 2739 $ 2595 operating working capital as % (  % ) of sales 19.5% ( 19.5 % ) 19.2% ( 19.2 % ) the change in operating working capital elements , excluding the impact of currency and acquisitions , was an increase of $ 195 million during the year ended december 31 , 2011 .\nthis increase was the net result of an increase in receivables from customers associated with the 2011 increase in sales and an increase in fifo inventory slightly offset by an increase in trade creditors 2019 liabilities .\ntrade receivables from customers , net , as a percentage of fourth quarter sales , annualized , for 2011 was 17.9 percent , down slightly from 18.1 percent for 2010 .\ndays sales outstanding was 66 days in 2011 , level with 2010 .\ninventories on a fifo basis as a percentage of fourth quarter sales , annualized , for 2011 was 13.1 percent level with 2010 .\ninventory turnover was 5.0 times in 2011 and 4.6 times in 2010 .\ntotal capital spending , including acquisitions , was $ 446 million , $ 341 million and $ 265 million in 2011 , 2010 , and 2009 , respectively .\nspending related to modernization and productivity improvements , expansion of existing businesses and environmental control projects was $ 390 million , $ 307 million and $ 239 million in 2011 , 2010 , and 2009 , respectively , and is expected to be in the range of $ 450-$ 550 million during 2012 .\ncapital spending , excluding acquisitions , as a percentage of sales was 2.6% ( 2.6 % ) , 2.3% ( 2.3 % ) and 2.0% ( 2.0 % ) in 2011 , 2010 and 2009 , respectively .\ncapital spending related to business acquisitions amounted to $ 56 million , $ 34 million , and $ 26 million in 2011 , 2010 and 2009 , respectively .\nwe continue to evaluate acquisition opportunities and expect to use cash in 2012 to fund small to mid-sized acquisitions , as part of a balanced deployment of our cash to support growth in earnings .\nin january 2012 , the company closed the previously announced acquisitions of colpisa , a colombian producer of automotive oem and refinish coatings , and dyrup , a european architectural coatings company .\nthe cost of these acquisitions , including assumed debt , was $ 193 million .\ndividends paid to shareholders totaled $ 355 million , $ 360 million and $ 353 million in 2011 , 2010 and 2009 , respectively .\nppg has paid uninterrupted annual dividends since 1899 , and 2011 marked the 40th consecutive year of increased annual dividend payments to shareholders .\nwe did not have a mandatory contribution to our u.s .\ndefined benefit pension plans in 2011 ; however , we made voluntary contributions to these plans in 2011 totaling $ 50 million .\nin 2010 and 2009 , we made voluntary contributions to our u.s .\ndefined benefit pension plans of $ 250 and $ 360 million ( of which $ 100 million was made in ppg stock ) , respectively .\nwe expect to make voluntary contributions to our u.s .\ndefined benefit pension plans in 2012 of up to $ 60 million .\ncontributions were made to our non-u.s .\ndefined benefit pension plans of $ 71 million , $ 87 million and $ 90 million ( of which approximately $ 20 million was made in ppg stock ) for 2011 , 2010 and 2009 , respectively , some of which were required by local funding requirements .\nwe expect to make mandatory contributions to our non-u.s .\nplans in 2012 of approximately $ 90 million .\nthe company 2019s share repurchase activity in 2011 , 2010 and 2009 was 10.2 million shares at a cost of $ 858 million , 8.1 million shares at a cost of $ 586 million and 1.5 million shares at a cost of $ 59 million , respectively .\nwe expect to make share repurchases in 2012 as part of our cash deployment focused on earnings growth .\nthe amount of spending will depend on the level of acquisition spending and other uses of cash , but we currently expect to spend in the range of $ 250 million to $ 500 million on share repurchases in 2012 .\nwe can repurchase about 9 million shares under the current authorization from the board of directors .\n26 2011 ppg annual report and form 10-k .\n\nTable Data:\n[['( millions )', '2011', '2010', ''], ['operating working capital', '$ 2739', '$ 2595', ''], ['operating working capital as % (  % ) of sales', '19.5% ( 19.5 % )', '19.2', '% (  % )']]\n\nFollowing Text:\nliquidity and capital resources during the past three years , we had sufficient financial resources to meet our operating requirements , to fund our capital spending , share repurchases and pension plans and to pay increasing dividends to our shareholders .\ncash from operating activities was $ 1436 million , $ 1310 million , and $ 1345 million in 2011 , 2010 , and 2009 , respectively .\nhigher earnings increased cash from operations in 2011 compared to 2010 , but the increase was reduced by cash used to fund an increase in working capital of $ 212 million driven by our sales growth in 2011 .\ncash provided by working capital was greater in 2009 than 2010 and that decline was more than offset by the cash from higher 2010 earnings .\noperating working capital is a subset of total working capital and represents ( 1 ) trade receivables-net of the allowance for doubtful accounts , plus ( 2 ) inventories on a first-in , first-out ( 201cfifo 201d ) basis , less ( 3 ) trade creditors 2019 liabilities .\nsee note 3 , 201cworking capital detail 201d under item 8 of this form 10-k for further information related to the components of the company 2019s operating working capital .\nwe believe operating working capital represents the key components of working capital under the operating control of our businesses .\noperating working capital at december 31 , 2011 and 2010 was $ 2.7 billion and $ 2.6 billion , respectively .\na key metric we use to measure our working capital management is operating working capital as a percentage of sales ( fourth quarter sales annualized ) .\n( millions ) 2011 2010 operating working capital $ 2739 $ 2595 operating working capital as % (  % ) of sales 19.5% ( 19.5 % ) 19.2% ( 19.2 % ) the change in operating working capital elements , excluding the impact of currency and acquisitions , was an increase of $ 195 million during the year ended december 31 , 2011 .\nthis increase was the net result of an increase in receivables from customers associated with the 2011 increase in sales and an increase in fifo inventory slightly offset by an increase in trade creditors 2019 liabilities .\ntrade receivables from customers , net , as a percentage of fourth quarter sales , annualized , for 2011 was 17.9 percent , down slightly from 18.1 percent for 2010 .\ndays sales outstanding was 66 days in 2011 , level with 2010 .\ninventories on a fifo basis as a percentage of fourth quarter sales , annualized , for 2011 was 13.1 percent level with 2010 .\ninventory turnover was 5.0 times in 2011 and 4.6 times in 2010 .\ntotal capital spending , including acquisitions , was $ 446 million , $ 341 million and $ 265 million in 2011 , 2010 , and 2009 , respectively .\nspending related to modernization and productivity improvements , expansion of existing businesses and environmental control projects was $ 390 million , $ 307 million and $ 239 million in 2011 , 2010 , and 2009 , respectively , and is expected to be in the range of $ 450-$ 550 million during 2012 .\ncapital spending , excluding acquisitions , as a percentage of sales was 2.6% ( 2.6 % ) , 2.3% ( 2.3 % ) and 2.0% ( 2.0 % ) in 2011 , 2010 and 2009 , respectively .\ncapital spending related to business acquisitions amounted to $ 56 million , $ 34 million , and $ 26 million in 2011 , 2010 and 2009 , respectively .\nwe continue to evaluate acquisition opportunities and expect to use cash in 2012 to fund small to mid-sized acquisitions , as part of a balanced deployment of our cash to support growth in earnings .\nin january 2012 , the company closed the previously announced acquisitions of colpisa , a colombian producer of automotive oem and refinish coatings , and dyrup , a european architectural coatings company .\nthe cost of these acquisitions , including assumed debt , was $ 193 million .\ndividends paid to shareholders totaled $ 355 million , $ 360 million and $ 353 million in 2011 , 2010 and 2009 , respectively .\nppg has paid uninterrupted annual dividends since 1899 , and 2011 marked the 40th consecutive year of increased annual dividend payments to shareholders .\nwe did not have a mandatory contribution to our u.s .\ndefined benefit pension plans in 2011 ; however , we made voluntary contributions to these plans in 2011 totaling $ 50 million .\nin 2010 and 2009 , we made voluntary contributions to our u.s .\ndefined benefit pension plans of $ 250 and $ 360 million ( of which $ 100 million was made in ppg stock ) , respectively .\nwe expect to make voluntary contributions to our u.s .\ndefined benefit pension plans in 2012 of up to $ 60 million .\ncontributions were made to our non-u.s .\ndefined benefit pension plans of $ 71 million , $ 87 million and $ 90 million ( of which approximately $ 20 million was made in ppg stock ) for 2011 , 2010 and 2009 , respectively , some of which were required by local funding requirements .\nwe expect to make mandatory contributions to our non-u.s .\nplans in 2012 of approximately $ 90 million .\nthe company 2019s share repurchase activity in 2011 , 2010 and 2009 was 10.2 million shares at a cost of $ 858 million , 8.1 million shares at a cost of $ 586 million and 1.5 million shares at a cost of $ 59 million , respectively .\nwe expect to make share repurchases in 2012 as part of our cash deployment focused on earnings growth .\nthe amount of spending will depend on the level of acquisition spending and other uses of cash , but we currently expect to spend in the range of $ 250 million to $ 500 million on share repurchases in 2012 .\nwe can repurchase about 9 million shares under the current authorization from the board of directors .\n26 2011 ppg annual report and form 10-k .\n\nQuestion: what was the percentage change in cash from operating activities from 2010 to 2011?",
        "solution": "10%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2013/page_61.pdf\n\nID: IP/2013/page_61.pdf-1\n\nPrevious Text:\nareas exceeding 14.1 million acres ( 5.7 million hectares ) .\nproducts and brand designations appearing in italics are trademarks of international paper or a related company .\nindustry segment results industrial packaging demand for industrial packaging products is closely correlated with non-durable industrial goods production , as well as with demand for processed foods , poultry , meat and agricultural products .\nin addition to prices and volumes , major factors affecting the profitability of industrial packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix .\nindustrial packaging net sales and operating profits include the results of the temple-inland packaging operations from the date of acquisition in february 2012 and the results of the brazil packaging business from the date of acquisition in january 2013 .\nin addition , due to the acquisition of a majority share of olmuksa international paper sabanci ambalaj sanayi ve ticaret a.s. , ( now called olmuksan international paper or olmuksan ) net sales for our corrugated packaging business in turkey are included in the business segment totals beginning in the first quarter of 2013 and the operating profits reflect a higher ownership percentage than in previous years .\nnet sales for 2013 increased 12% ( 12 % ) to $ 14.8 billion compared with $ 13.3 billion in 2012 , and 42% ( 42 % ) compared with $ 10.4 billion in 2011 .\noperating profits were 69% ( 69 % ) higher in 2013 than in 2012 and 57% ( 57 % ) higher than in 2011 .\nexcluding costs associated with the acquisition and integration of temple-inland , the divestiture of three containerboard mills and other special items , operating profits in 2013 were 36% ( 36 % ) higher than in 2012 and 59% ( 59 % ) higher than in 2011 .\nbenefits from the net impact of higher average sales price realizations and an unfavorable mix ( $ 749 million ) were offset by lower sales volumes ( $ 73 million ) , higher operating costs ( $ 64 million ) , higher maintenance outage costs ( $ 16 million ) and higher input costs ( $ 102 million ) .\nadditionally , operating profits in 2013 include costs of $ 62 million associated with the integration of temple-inland , a gain of $ 13 million related to a bargain purchase adjustment on the acquisition of a majority share of our operations in turkey , and a net gain of $ 1 million for other items , while operating profits in 2012 included costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging business of $ 17 million and a $ 3 million gain for other items .\nindustrial packaging .\n\nTable Data:\n[['in millions', '2013', '2012', '2011'], ['sales', '$ 14810', '$ 13280', '$ 10430'], ['operating profit', '1801', '1066', '1147']]\n\nFollowing Text:\nnorth american industrial packaging net sales were $ 12.5 billion in 2013 compared with $ 11.6 billion in 2012 and $ 8.6 billion in 2011 .\noperating profits in 2013 were $ 1.8 billion ( both including and excluding costs associated with the integration of temple-inland and other special items ) compared with $ 1.0 billion ( $ 1.3 billion excluding costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) in 2012 and $ 1.1 billion ( both including and excluding costs associated with signing an agreement to acquire temple-inland ) in 2011 .\nsales volumes decreased in 2013 compared with 2012 reflecting flat demand for boxes and the impact of commercial decisions .\naverage sales price realizations were significantly higher mainly due to the realization of price increases for domestic containerboard and boxes .\ninput costs were higher for wood , energy and recycled fiber .\nfreight costs also increased .\nplanned maintenance downtime costs were higher than in 2012 .\nmanufacturing operating costs decreased , but were offset by inflation and higher overhead and distribution costs .\nthe business took about 850000 tons of total downtime in 2013 of which about 450000 were market- related and 400000 were maintenance downtime .\nin 2012 , the business took about 945000 tons of total downtime of which about 580000 were market-related and about 365000 were maintenance downtime .\noperating profits in 2013 included $ 62 million of costs associated with the integration of temple-inland .\noperating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .\nlooking ahead to 2014 , compared with the fourth quarter of 2013 , sales volumes in the first quarter are expected to increase for boxes due to a higher number of shipping days offset by the impact from the severe winter weather events impacting much of the u.s .\ninput costs are expected to be higher for energy , recycled fiber , wood and starch .\nplanned maintenance downtime spending is expected to be about $ 51 million higher with outages scheduled at six mills compared with four mills in the 2013 fourth quarter .\nmanufacturing operating costs are expected to be lower .\nhowever , operating profits will be negatively impacted by the adverse winter weather in the first quarter of 2014 .\nemea industrial packaging net sales in 2013 include the sales of our packaging operations in turkey which are now fully consolidated .\nnet sales were $ 1.3 billion in 2013 compared with $ 1.0 billion in 2012 and $ 1.1 billion in 2011 .\noperating profits in 2013 were $ 43 million ( $ 32 .\n\nQuestion: what percentage of industrial packaging sales where represented by north american industrial packaging net sales in 2013?",
        "solution": "84%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2014/page_40.pdf\n\nID: RE/2014/page_40.pdf-4\n\nPrevious Text:\navailable information .\nthe 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.everestregroup.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .\nitem 1a .\nrisk 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 .\nif 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 .\nrisks relating to our business fluctuations in the financial markets could result in investment losses .\nprolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio .\nalthough financial markets have significantly improved since 2008 , they could deteriorate in the future .\nthere could also be disruption in individual market sectors , such as occurred in the energy sector during the fourth quarter of 2014 .\nsuch 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 .\nour results could be adversely affected by catastrophic events .\nwe are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .\nany 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 .\nsubsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes .\nprior to april 1 , 2010 , we used a threshold of $ 5.0 million .\nby way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: .\n\nTable Data:\n[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2014', '$ 62.2'], ['2013', '195.0'], ['2012', '410.0'], ['2011', '1300.4'], ['2010', '571.1']]\n\nFollowing Text:\nour losses from future catastrophic events could exceed our projections .\nwe use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .\nwe 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 .\nthese 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. .\n\nQuestion: what was the accumulated pre-tax catastrophe losses from 2010 to 2013 in millions",
        "solution": "2476.50"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AOS/2016/page_19.pdf\n\nID: AOS/2016/page_19.pdf-2\n\nPrevious Text:\nthe graph below shows a five-year comparison of the cumulative shareholder return on our common stock with the cumulative total return of the standard & poor 2019s ( s&p ) mid cap 400 index and the russell 1000 index , both of which are published indices .\ncomparison of five-year cumulative total return from december 31 , 2011 to december 31 , 2016 assumes $ 100 invested with reinvestment of dividends period indexed returns .\n\nTable Data:\n[['company/index', 'baseperiod 12/31/11', 'baseperiod 12/31/12', 'baseperiod 12/31/13', 'baseperiod 12/31/14', 'baseperiod 12/31/15', '12/31/16'], ['a . o . smith corporation', '100.0', '159.5', '275.8', '292.0', '401.0', '501.4'], ['s&p mid cap 400 index', '100.0', '117.9', '157.4', '172.8', '169.0', '204.1'], ['russell 1000 index', '100.0', '116.4', '155.0', '175.4', '177.0', '198.4']]\n\nFollowing Text:\n2011 2012 2013 2014 2015 2016 smith ( a o ) corp s&p midcap 400 index russell 1000 index .\n\nQuestion: what was the difference in total return for the five year period ended 12/31/16 between a . o . smith corporation and the russell 1000 index?",
        "solution": "303%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: KIM/2010/page_86.pdf\n\nID: KIM/2010/page_86.pdf-2\n\nPrevious Text:\nkimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases 2014 the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers .\nthese premises have been sublet to retailers who lease the stores pursuant to net lease agreements .\nincome from the investment in these retail store leases during the years ended december 31 , 2010 , 2009 and 2008 , was approximately $ 1.6 million , $ 0.8 million and $ 2.7 million , respectively .\nthese amounts represent sublease revenues during the years ended december 31 , 2010 , 2009 and 2008 , of approximately $ 5.9 million , $ 5.2 million and $ 7.1 million , respectively , less related expenses of $ 4.3 million , $ 4.4 million and $ 4.4 million , respectively .\nthe company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2011 , $ 5.2 and $ 3.4 ; 2012 , $ 4.1 and $ 2.6 ; 2013 , $ 3.8 and $ 2.3 ; 2014 , $ 2.9 and $ 1.7 ; 2015 , $ 2.1 and $ 1.3 , and thereafter , $ 2.8 and $ 1.6 , respectively .\nleveraged lease 2014 during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties .\nthe properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights .\nthe company 2019s cash equity investment was approximately $ 4.0 million .\nthis equity investment is reported as a net investment in leveraged lease in accordance with the fasb 2019s lease guidance .\nas of december 31 , 2010 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million and the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 33.4 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease .\nas an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease .\naccordingly , this obligation has been offset against the related net rental receivable under the lease .\nat december 31 , 2010 and 2009 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : .\n\nTable Data:\n[['', '2010', '2009'], ['remaining net rentals', '$ 37.6', '$ 44.1'], ['estimated unguaranteed residual value', '31.7', '31.7'], ['non-recourse mortgage debt', '-30.1 ( 30.1 )', '-34.5 ( 34.5 )'], ['unearned and deferred income', '-34.2 ( 34.2 )', '-37.0 ( 37.0 )'], ['net investment in leveraged lease', '$ 5.0', '$ 4.3']]\n\nFollowing Text:\n10 .\nvariable interest entities : consolidated operating properties 2014 included within the company 2019s consolidated operating properties at december 31 , 2010 are four consolidated entities that are vies and for which the company is the primary beneficiary .\nall of these entities have been established to own and operate real estate property .\nthe company 2019s involvement with these entities is through its majority ownership of the properties .\nthese entities were deemed vies primarily based on the fact that the voting rights of the equity investors are not proportional to their obligation to absorb expected losses or receive the expected residual returns of the entity and substantially all of the entity 2019s activities are conducted on behalf of the investor which has disproportionately fewer voting rights .\nthe company determined that it was the primary beneficiary of these vies as a result of its controlling financial interest .\nduring 2010 , the company sold two consolidated vie 2019s which the company was the primary beneficiary. .\n\nQuestion: what is the growth rate in expenses incurred due to subleasing in 2010?",
        "solution": "-2.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: REGN/2010/page_64.pdf\n\nID: REGN/2010/page_64.pdf-1\n\nPrevious Text:\nrecognition of deferred revenue related to sanofi-aventis 2019 $ 85.0 million up-front payment decreased in 2010 compared to 2009 due to the november 2009 amendments to expand and extend the companies 2019 antibody collaboration .\nin connection with the november 2009 amendment of the discovery agreement , sanofi-aventis is funding up to $ 30 million of agreed-upon costs incurred by us to expand our manufacturing capacity at our rensselaer , new york facilities , of which $ 23.4 million was received or receivable from sanofi-aventis as of december 31 , 2010 .\nrevenue related to these payments for such funding from sanofi-aventis is deferred and recognized as collaboration revenue prospectively over the related performance period in conjunction with the recognition of the original $ 85.0 million up-front payment .\nas of december 31 , 2010 , $ 79.8 million of the sanofi-aventis payments was deferred and will be recognized as revenue in future periods .\nin august 2008 , we entered into a separate velocigene ae agreement with sanofi-aventis .\nin 2010 and 2009 , we recognized $ 1.6 million and $ 2.7 million , respectively , in revenue related to this agreement .\nbayer healthcare collaboration revenue the collaboration revenue we earned from bayer healthcare , as detailed below , consisted of cost sharing of regeneron vegf trap-eye development expenses , substantive performance milestone payments , and recognition of revenue related to a non-refundable $ 75.0 million up-front payment received in october 2006 and a $ 20.0 million milestone payment received in august 2007 ( which , for the purpose of revenue recognition , was not considered substantive ) .\nyears ended bayer healthcare collaboration revenue december 31 .\n\nTable Data:\n[['bayer healthcare collaboration revenue', 'bayer healthcare collaboration revenue', ''], ['( in millions )', '2010', '2009'], ['cost-sharing of regeneron vegf trap-eye development expenses', '$ 45.5', '$ 37.4'], ['substantive performance milestone payments', '20.0', '20.0'], ['recognition of deferred revenue related to up-front and other milestone payments', '9.9', '9.9'], ['total bayer healthcare collaboration revenue', '$ 75.4', '$ 67.3']]\n\nFollowing Text:\ncost-sharing of our vegf trap-eye development expenses with bayer healthcare increased in 2010 compared to 2009 due to higher internal development activities and higher clinical development costs in connection with our phase 3 copernicus trial in crvo .\nin the fourth quarter of 2010 , we earned two $ 10.0 million substantive milestone payments from bayer healthcare for achieving positive 52-week results in the view 1 study and positive 6-month results in the copernicus study .\nin july 2009 , we earned a $ 20.0 million substantive performance milestone payment from bayer healthcare in connection with the dosing of the first patient in the copernicus study .\nin connection with the recognition of deferred revenue related to the $ 75.0 million up-front payment and $ 20.0 million milestone payment received in august 2007 , as of december 31 , 2010 , $ 47.0 million of these payments was deferred and will be recognized as revenue in future periods .\ntechnology licensing revenue in connection with our velocimmune ae license agreements with astrazeneca and astellas , each of the $ 20.0 million annual , non-refundable payments were deferred upon receipt and recognized as revenue ratably over approximately the ensuing year of each agreement .\nin both 2010 and 2009 , we recognized $ 40.0 million of technology licensing revenue related to these agreements .\nin addition , in connection with the amendment and extension of our license agreement with astellas , in august 2010 , we received a $ 165.0 million up-front payment , which was deferred upon receipt and will be recognized as revenue ratably over a seven-year period beginning in mid-2011 .\nas of december 31 , 2010 , $ 176.6 million of these technology licensing payments was deferred and will be recognized as revenue in future periods .\nnet product sales in 2010 and 2009 , we recognized as revenue $ 25.3 million and $ 18.4 million , respectively , of arcalyst ae net product sales for which both the right of return no longer existed and rebates could be reasonably estimated .\nthe company had limited historical return experience for arcalyst ae beginning with initial sales in 2008 through the end of 2009 ; therefore , arcalyst ae net product sales were deferred until the right of return no longer existed and rebates could be reasonably estimated .\neffective in the first quarter of 2010 , the company determined that it had .\n\nQuestion: what was the change in millions of total bayer healthcare collaboration revenue from 2009 to 2010?",
        "solution": "8.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: JKHY/2019/page_17.pdf\n\nID: JKHY/2019/page_17.pdf-4\n\nPrevious Text:\nj a c k h e n r y .\nc o m 1 5 market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the company 2019s common stock is quoted on the nasdaq global select market ( 201cnasdaq 201d ) under the symbol 201cjkhy 201d .\nthe company established a practice of paying quarterly dividends at the end of fiscal 1990 and has paid dividends with respect to every quarter since that time .\nthe declaration and payment of any future dividends will continue to be at the discretion of our board of directors and will depend upon , among other factors , our earnings , capital requirements , contractual restrictions , and operating and financial condition .\nthe company does not currently foresee any changes in its dividend practices .\non august 15 , 2019 , there were approximately 145300 holders of the company 2019s common stock , including individual participants in security position listings .\non that same date the last sale price of the common shares as reported on nasdaq was $ 141.94 per share .\nissuer purchases of equity securities the following shares of the company were repurchased during the quarter ended june 30 , 2019 : total number of shares purchased ( 1 ) average price of total number of shares purchased as part of publicly announced plans ( 1 ) maximum number of shares that may yet be purchased under the plans ( 2 ) .\n\nTable Data:\n[['', 'total number of shares purchased ( 1 )', 'average price of share', 'total number of shares purchased as part of publicly announced plans ( 1 )', 'maximum number of shares that may yet be purchased under the plans ( 2 )'], ['april 1- april 30 2019', '2014', '$ 2014', '2014', '3732713'], ['may 1- may 31 2019', '250000', '$ 134.35', '250000', '3482713'], ['june 1- june 30 2019', '2014', '$ 2014', '2014', '3482713'], ['total', '250000', '$ 134.35', '250000', '3482713']]\n\nFollowing Text:\n( 1 ) 250000 shares were purchased through a publicly announced repurchase plan .\nthere were no shares surrendered to the company to satisfy tax withholding obligations in connection with employee restricted stock awards .\n( 2 ) total stock repurchase authorizations approved by the company 2019s board of directors as of february 17 , 2015 were for 30.0 million shares .\nthese authorizations have no specific dollar or share price targets and no expiration dates. .\n\nQuestion: what was the percentage of the shares purchase of the maximum number of shares that may yet be purchased under the plans",
        "solution": "7.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAL/2014/page_89.pdf\n\nID: AAL/2014/page_89.pdf-2\n\nPrevious Text:\ntable of contents interest expense , net of capitalized interest decreased $ 129 million , or 18.1% ( 18.1 % ) , in 2014 from the 2013 period primarily due to a $ 63 million decrease in special charges recognized period-over-period as further described below , as well as refinancing activities that resulted in $ 65 million less interest expense recognized in 2014 .\nin 2014 , american recognized $ 29 million of special charges relating to non-cash interest accretion on bankruptcy settlement obligations .\nin 2013 , american recognized $ 48 million of special charges relating to post-petition interest expense on unsecured obligations pursuant to the plan and penalty interest related to american 2019s 10.5% ( 10.5 % ) secured notes and 7.50% ( 7.50 % ) senior secured notes .\nin addition , in 2013 american recorded special charges of $ 44 million for debt extinguishment costs incurred as a result of the repayment of certain aircraft secured indebtedness , including cash interest charges and non-cash write offs of unamortized debt issuance costs .\nas a result of the 2013 refinancing activities and the early extinguishment of american 2019s 7.50% ( 7.50 % ) senior secured notes in 2014 , american recognized $ 65 million less interest expense in 2014 as compared to the 2013 period .\nother nonoperating expense , net of $ 153 million in 2014 consisted principally of net foreign currency losses of $ 92 million and early debt extinguishment charges of $ 48 million .\nother nonoperating expense , net of $ 84 million in 2013 consisted principally of net foreign currency losses of $ 55 million and early debt extinguishment charges of $ 29 million .\nother nonoperating expense , net increased $ 69 million , or 81.0% ( 81.0 % ) , during 2014 primarily due to special charges recognized as a result of early debt extinguishment and an increase in foreign currency losses driven by the strengthening of the u.s .\ndollar in foreign currency transactions , principally in latin american markets .\namerican recorded a $ 43 million special charge for venezuelan foreign currency losses in 2014 .\nsee part ii , item 7a .\nquantitative and qualitative disclosures about market risk for further discussion of our cash held in venezuelan bolivars .\nin addition , american 2019s nonoperating special items included $ 48 million in special charges in the 2014 primarily related to the early extinguishment of american 2019s 7.50% ( 7.50 % ) senior secured notes and other indebtedness .\nreorganization items , net reorganization items refer to revenues , expenses ( including professional fees ) , realized gains and losses and provisions for losses that are realized or incurred as a direct result of the chapter 11 cases .\nthe following table summarizes the components included in reorganization items , net on american 2019s consolidated statement of operations for the year ended december 31 , 2013 ( in millions ) : .\n\nTable Data:\n[['', '2013'], ['labor-related deemed claim ( 1 )', '$ 1733'], ['aircraft and facility financing renegotiations and rejections ( 2 ) ( 3 )', '320'], ['fair value of conversion discount ( 4 )', '218'], ['professional fees', '199'], ['other', '170'], ['total reorganization items net', '$ 2640']]\n\nFollowing Text:\n( 1 ) in exchange for employees 2019 contributions to the successful reorganization , including agreeing to reductions in pay and benefits , american agreed in the plan to provide each employee group a deemed claim , which was used to provide a distribution of a portion of the equity of the reorganized entity to those employees .\neach employee group received a deemed claim amount based upon a portion of the value of cost savings provided by that group through reductions to pay and benefits as well as through certain work rule changes .\nthe total value of this deemed claim was approximately $ 1.7 billion .\n( 2 ) amounts include allowed claims ( claims approved by the bankruptcy court ) and estimated allowed claims relating to ( i ) the rejection or modification of financings related to aircraft and ( ii ) entry of orders treated as unsecured claims with respect to facility agreements supporting certain issuances of special facility revenue bonds .\nthe debtors recorded an estimated claim associated with the rejection or modification of a financing or facility agreement when the applicable motion was filed with the bankruptcy court to reject or modify .\n\nQuestion: in 2013 what was the percent of the professional fees as part of the total re-organization costs",
        "solution": "7.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2010/page_52.pdf\n\nID: AON/2010/page_52.pdf-3\n\nPrevious Text:\nconsidered to be the primary beneficiary of either entity and have therefore deconsolidated both entities .\nat december 31 , 2010 , we held a 36% ( 36 % ) interest in juniperus which is accounted for using the equity method of accounting .\nour potential loss at december 31 , 2010 is limited to our investment of $ 73 million in juniperus , which is recorded in investments in the consolidated statements of financial position .\nwe have not provided any financing to juniperus other than previously contractually required amounts .\njuniperus and jchl had combined assets and liabilities of $ 121 million and $ 22 million , respectively , at december 31 , 2008 .\nfor the year ended december 31 , 2009 , we recognized $ 36 million of pretax income from juniperus and jchl .\nwe recognized $ 16 million of after-tax income , after allocating the appropriate share of net income to the non-controlling interests .\nwe previously owned an 85% ( 85 % ) economic equity interest in globe re limited ( 2018 2018globe re 2019 2019 ) , a vie , which provided reinsurance coverage for a defined portfolio of property catastrophe reinsurance contracts underwritten by a third party for a limited period which ended june 1 , 2009 .\nwe consolidated globe re as we were deemed to be the primary beneficiary .\nin connection with the winding up of its operations , globe re repaid its $ 100 million of short-term debt and our equity investment from available cash in 2009 .\nwe recognized $ 2 million of after-tax income from globe re in 2009 , taking into account the share of net income attributable to non-controlling interests .\nglobe re was fully liquidated in the third quarter of 2009 .\nreview by segment general we serve clients through the following segments : 2022 risk solutions ( formerly risk and insurance brokerage services ) acts as an advisor and insurance and reinsurance broker , helping clients manage their risks , via consultation , as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network .\n2022 hr solutions ( formerly consulting ) partners with organizations to solve their most complex benefits , talent and related financial challenges , and improve business performance by designing , implementing , communicating and administering a wide range of human capital , retirement , investment management , health care , compensation and talent management strategies .\nrisk solutions .\n\nTable Data:\n[['years ended december 31,', '2010', '2009', '2008'], ['revenue', '$ 6423', '$ 6305', '$ 6197'], ['operating income', '1194', '900', '846'], ['operating margin', '18.6% ( 18.6 % )', '14.3% ( 14.3 % )', '13.7% ( 13.7 % )']]\n\nFollowing Text:\nthe demand for property and casualty insurance generally rises as the overall level of economic activity increases and generally falls as such activity decreases , affecting both the commissions and fees generated by our brokerage business .\nthe economic activity that impacts property and casualty insurance is described as exposure units , and is most closely correlated with employment levels , corporate revenue and asset values .\nduring 2010 we continued to see a 2018 2018soft market 2019 2019 , which began in 2007 , in our retail brokerage product line .\nin a soft market , premium rates flatten or decrease , along with commission revenues , due to increased competition for market share among insurance carriers or increased underwriting capacity .\nchanges in premiums have a direct and potentially material impact on the insurance brokerage industry , as commission revenues are generally based on a percentage of the .\n\nQuestion: what was the average revenues from 2008 to 2010 in millions",
        "solution": "6308.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: LMT/2013/page_49.pdf\n\nID: LMT/2013/page_49.pdf-2\n\nPrevious Text:\nfrequency ( aehf ) system , orion , global positioning satellite ( gps ) iii system , geostationary operational environmental satellite r-series ( goes-r ) , and mobile user objective system ( muos ) .\noperating profit for our space systems business segment includes our share of earnings for our investment in united launch alliance ( ula ) , which provides expendable launch services to the u.s .\ngovernment .\nspace systems 2019 operating results included the following ( in millions ) : .\n\nTable Data:\n[['', '2013', '2012', '2011'], ['net sales', '$ 7958', '$ 8347', '$ 8161'], ['operating profit', '1045', '1083', '1063'], ['operating margins', '13.1% ( 13.1 % )', '13.0% ( 13.0 % )', '13.0% ( 13.0 % )'], ['backlog at year-end', '20500', '18100', '16000']]\n\nFollowing Text:\n2013 compared to 2012 space systems 2019 net sales for 2013 decreased $ 389 million , or 5% ( 5 % ) , compared to 2012 .\nthe decrease was primarily attributable to lower net sales of approximately $ 305 million for commercial satellite programs due to fewer deliveries ( zero delivered during 2013 compared to two for 2012 ) ; and about $ 290 million for the orion program due to lower volume .\nthe decreases were partially offset by higher net sales of approximately $ 130 million for government satellite programs due to net increased volume ; and about $ 65 million for strategic and defensive missile programs ( primarily fbm ) due to increased volume and risk retirements .\nthe increase for government satellite programs was primarily attributable to higher volume on aehf and other programs , partially offset by lower volume on goes-r , muos , and sbirs programs .\nspace systems 2019 operating profit for 2013 decreased $ 38 million , or 4% ( 4 % ) , compared to 2012 .\nthe decrease was primarily attributable to lower operating profit of approximately $ 50 million for the orion program due to lower volume and risk retirements and about $ 30 million for government satellite programs due to decreased risk retirements , which were partially offset by higher equity earnings from joint ventures of approximately $ 35 million .\nthe decrease in operating profit for government satellite programs was primarily attributable to lower risk retirements for muos , gps iii , and other programs , partially offset by higher risk retirements for the sbirs and aehf programs .\noperating profit for 2013 included about $ 15 million of charges , net of recoveries , related to the november 2013 restructuring plan .\nadjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 15 million lower for 2013 compared to 2012 .\n2012 compared to 2011 space systems 2019 net sales for 2012 increased $ 186 million , or 2% ( 2 % ) , compared to 2011 .\nthe increase was attributable to higher net sales of approximately $ 150 million due to increased commercial satellite deliveries ( two commercial satellites delivered in 2012 compared to one during 2011 ) ; about $ 125 million from the orion program due to higher volume and an increase in risk retirements ; and approximately $ 70 million from increased volume on various strategic and defensive missile programs .\npartially offsetting the increases were lower net sales of approximately $ 105 million from certain government satellite programs ( primarily sbirs and muos ) as a result of decreased volume and a decline in risk retirements ; and about $ 55 million from the nasa external tank program , which ended in connection with the completion of the space shuttle program in 2011 .\nspace systems 2019 operating profit for 2012 increased $ 20 million , or 2% ( 2 % ) , compared to 2011 .\nthe increase was attributable to higher operating profit of approximately $ 60 million from commercial satellite programs due to increased deliveries and reserves recorded in 2011 ; and about $ 40 million from the orion program due to higher risk retirements and increased volume .\npartially offsetting the increases was lower operating profit of approximately $ 45 million from lower volume and risk retirements on certain government satellite programs ( primarily sbirs ) ; about $ 20 million from lower risk retirements and lower volume on the nasa external tank program , which ended in connection with the completion of the space shuttle program in 2011 ; and approximately $ 20 million from lower equity earnings as a decline in launch related activities at ula partially was offset by the resolution of contract cost matters associated with the wind-down of united space alliance ( usa ) .\nadjustments not related to volume , including net profit booking rate adjustments described above , were approximately $ 15 million higher for 2012 compared to 2011 .\nequity earnings total equity earnings recognized by space systems ( primarily ula in 2013 ) represented approximately $ 300 million , or 29% ( 29 % ) of this segment 2019s operating profit during 2013 .\nduring 2012 and 2011 , total equity earnings recognized by space systems from ula , usa , and the u.k .\natomic weapons establishment joint venture represented approximately $ 265 million and $ 285 million , or 24% ( 24 % ) and 27% ( 27 % ) of this segment 2019s operating profit. .\n\nQuestion: what were average operating profit for space systems from 2011 to 2013 in millions?",
        "solution": "1064"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ABC/2005/page_40.pdf\n\nID: ABC/2005/page_40.pdf-1\n\nPrevious Text:\namerisourcebergen corporation 2005 during the fiscal year september 30 , 2005 , the company recorded an impairment charge of $ 5.3 million relating to certain intangible assets within its technology operations .\namortization expense for other intangible assets was $ 10.3 million , $ 10.0 million and $ 7.0 million in the fiscal years ended september 30 , 2005 , 2004 and 2003 , respectively .\namortization expense for other intangible assets is estimated to be $ 10.1 million in fiscal 2006 , $ 8.8 million in fiscal 2007 , $ 5.0 million in fiscal 2008 , $ 3.3 million in fiscal 2009 , $ 3.2 million in fiscal 2010 , and $ 15.9 million thereafter .\nnote 6 .\ndebt debt consisted of the following: .\n\nTable Data:\n[['dollars in thousands', 'september 30 , 2005', 'september 30 , 2004'], ['blanco revolving credit facility at 4.53% ( 4.53 % ) and 3.34% ( 3.34 % ) respectively due 2006', '$ 55000', '$ 55000'], ['amerisourcebergen securitization financing due 2007', '2014', '2014'], ['revolving credit facility due 2009', '2014', '2014'], ['$ 400000 55/8% ( 55/8 % ) senior notes due 2012', '398010', '2014'], ['$ 500000 57/8% ( 57/8 % ) senior notes due 2015', '497508', '2014'], ['term loan facility at 3.02% ( 3.02 % )', '2014', '180000'], ['bergen 71/4% ( 71/4 % ) senior notes due 2005', '2014', '99939'], ['81/8%senior notes due 2008', '2014', '500000'], ['71/4%senior notes due 2012', '2014', '300000'], ['amerisource 5% ( 5 % ) convertible subordinated notes due 2007', '2014', '300000'], ['other', '2193', '3532'], ['total debt', '952711', '1438471'], ['less current portion', '1232', '281360'], ['total net of current portion', '$ 951479', '$ 1157111']]\n\nFollowing Text:\nlong-term debt in september 2005 , the company issued $ 400 million of 5.625% ( 5.625 % ) senior notes due september 15 , 2012 ( the 201c2012 notes 201d ) and $ 500 million of 5.875% ( 5.875 % ) senior notes due september 15 , 2015 ( the 201c2015 notes 201d ) .\nthe 2012 notes and 2015 notes each were sold at 99.5% ( 99.5 % ) of principal amount and have an effective interest yield of 5.71% ( 5.71 % ) and 5.94% ( 5.94 % ) , respectively .\ninterest on the 2012 notes and the 2015 notes is payable semiannually in arrears , commencing on march 15 , 2006 .\nboth the 2012 notes and the 2015 notes are redeemable at the company 2019s option at a price equal to the greater of 100% ( 100 % ) of the principal amount thereof , or the sum of the discounted value of the remaining scheduled payments , as defined .\nin addition , at any time before september 15 , 2008 , the company may redeem up to an aggregate of 35% ( 35 % ) of the principal amount of the 2012 notes or the 2015 notes at redemption prices equal to 105.625% ( 105.625 % ) and 105.875% ( 105.875 % ) , respectively , of the principal amounts thereof , plus accrued and unpaid interest and liquidated damages , if any , to the date of redemption , with the cash proceeds of one or more equity issuances .\nin connection with the issuance of the 2012 notes and the 2015 notes , the company incurred approximately $ 6.3 million and $ 7.9 million of costs , respectively , which were deferred and are being amortized over the terms of the notes .\nthe gross proceeds from the sale of the 2012 notes and the 2015 notes were used to finance the early retirement of the $ 500 million of 81 20448% ( 20448 % ) senior notes due 2008 and $ 300 million of 71 20444% ( 20444 % ) senior notes due 2012 in september 2005 , including the payment of $ 102.3 million of premiums and other costs .\nadditionally , the company expensed $ 8.5 million of deferred financing costs related to the retirement of the 71 20444% ( 20444 % ) notes and the 81 20448% ( 20448 % ) notes .\nin december 2004 , the company entered into a $ 700 million five-year senior unsecured revolving credit facility ( the 201csenior revolving credit facility 201d ) with a syndicate of lenders .\nthe senior revolving credit facility replaced the senior credit agreement , as defined below .\nthere were no borrowings outstanding under the senior revolving credit facility at september 30 , 2005 .\ninterest on borrowings under the senior revolving credit facility accrues at specific rates based on the company 2019s debt rating .\nin april 2005 , the company 2019s debt rating was raised by one of the rating agencies and in accordance with the terms of the senior revolving credit facility , interest on borrow- ings accrue at either 80 basis points over libor or the prime rate at september 30 , 2005 .\navailability under the senior revolving credit facility is reduced by the amount of outstanding letters of credit ( $ 12.0 million at september 30 , 2005 ) .\nthe company pays quarterly facility fees to maintain the availability under the senior revolving credit facility at specific rates based on the company 2019s debt rating .\nin april 2005 , the rate payable to maintain the availability of the $ 700 million commitment was reduced to 20 basis points per annum resulting from the company 2019s improved debt rating .\nin connection with entering into the senior revolving credit facility , the company incurred approximately $ 2.5 million of costs , which were deferred and are being amortized over the life of the facility .\nthe company may choose to repay or reduce its commitments under the senior revolving credit facility at any time .\nthe senior revolving credit facility contains covenants that impose limitations on , among other things , additional indebtedness , distributions and dividends to stockholders , and invest- ments .\nadditional covenants require compliance with financial tests , including leverage and minimum earnings to fixed charges ratios .\nin august 2001 , the company had entered into a senior secured credit agreement ( the 201csenior credit agreement 201d ) with a syndicate of lenders .\nthe senior credit agreement consisted of a $ 1.0 billion revolving credit facility ( the 201crevolving facility 201d ) and a $ 300 million term loan facility ( the 201cterm facility 201d ) , both of which had been scheduled to mature in august 2006 .\nthe term facility had scheduled quarterly maturities , which began in december 2002 , totaling $ 60 million in each of fiscal 2003 and 2004 , $ 80 million in fiscal 2005 and $ 100 million in fiscal 2006 .\nthe company previously paid the scheduled quarterly maturities of $ 60 million in fiscal 2004 and 2003. .\n\nQuestion: what was the change in total debt in thousands between 2004 and 2005?",
        "solution": "-485760"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CME/2012/page_103.pdf\n\nID: CME/2012/page_103.pdf-3\n\nPrevious Text:\npositions and collateral of the defaulting firm at each respective clearing organization , and taking into account any cross-margining loss sharing payments , any of the participating clearing organizations has a remaining liquidating surplus , and any other participating clearing organization has a remaining liquidating deficit , any additional surplus from the liquidation would be shared with the other clearing house to the extent that it has a remaining liquidating deficit .\nany remaining surplus funds would be passed to the bankruptcy trustee .\nmf global bankruptcy trust .\nthe company provided a $ 550.0 million financial guarantee to the bankruptcy trustee of mf global to accelerate the distribution of funds to mf global customers .\nin the event that the trustee distributed more property in the second or third interim distributions than was permitted by the bankruptcy code and cftc regulations , the company will make a cash payment to the trustee for the amount of the erroneous distribution or distributions up to $ 550.0 million in the aggregate .\na payment will only be made after the trustee makes reasonable efforts to collect the property erroneously distributed to the customer ( s ) .\nif a payment is made by the company , the company may have the right to seek reimbursement of the erroneously distributed property from the applicable customer ( s ) .\nthe guarantee does not cover distributions made by the trustee to customers on the basis of their claims filed in the bankruptcy .\nbecause the trustee has now made payments to nearly all customers on the basis of their claims , the company believes that the likelihood of payment to the trustee is very remote .\nas a result , the guarantee liability is estimated to be immaterial at december 31 , 2012 .\nfamily farmer and rancher protection fund .\nin april 2012 , the company established the family farmer and rancher protection fund ( the fund ) .\nthe fund is designed to provide payments , up to certain maximum levels , to family farmers , ranchers and other agricultural industry participants who use cme group agricultural products and who suffer losses to their segregated account balances due to their cme clearing member becoming insolvent .\nunder the terms of the fund , farmers and ranchers are eligible for up to $ 25000 per participant .\nfarming and ranching cooperatives are eligible for up to $ 100000 per cooperative .\nthe fund has an aggregate maximum payment amount of $ 100.0 million .\nif payments to participants were to exceed this amount , payments would be pro-rated .\nclearing members and customers must register in advance with the company and provide certain documentation in order to substantiate their eligibility .\nperegrine financial group , inc .\n( pfg ) filed for bankruptcy protection on july 10 , 2012 .\npfg was not one of cme 2019s clearing members and its customers had not registered for the fund .\naccordingly , they were not technically eligible for payments from the fund .\nhowever , because the fund was newly implemented and because pfg 2019s customers included many agricultural industry participants for whom the program was designed , the company decided to waive certain terms and conditions of the fund , solely in connection with the pfg bankruptcy , so that otherwise eligible family farmers , ranchers and agricultural cooperatives could apply for and receive benefits from cme .\nbased on the number of such pfg customers who applied and the estimated size of their claims , the company has recorded a liability in the amount of $ 2.1 million at december 31 , 2012 .\n16 .\nredeemable non-controlling interest the following summarizes the changes in redeemable non-controlling interest for the years presented .\nnon- controlling interests that do not contain redemption features are presented in the statements of equity. .\n\nTable Data:\n[['( in millions )', '2012', '2011', '2010'], ['balance at january 1', '$ 70.3', '$ 68.1', '$ 2014'], ['contribution by dow jones', '2014', '2014', '675.0'], ['distribution to dow jones', '2014', '2014', '-607.5 ( 607.5 )'], ['allocation of stock-based compensation', '2014', '0.1', '2014'], ['total comprehensive income attributable to redeemable non-controlling interest', '10.5', '2.1', '0.6'], ['balance at december 31', '$ 80.8', '$ 70.3', '$ 68.1']]\n\nFollowing Text:\ncontribution by dow jones .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2014 2014 675.0 distribution to dow jones .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n.\n2014 2014 ( 607.5 ) allocation of stock- compensation .\n.\n.\n.\n2014 0.1 2014 total comprehensive income attributable to redeemable non- controlling interest .\n.\n.\n.\n.\n.\n.\n.\n.\n.\n10.5 2.1 0.6 balance at december 31 .\n.\n.\n.\n.\n.\n.\n.\n.\n$ 80.8 $ 70.3 $ 68.1 .\n\nQuestion: in 2012 what was the ratio of the eligibility limits for farmer and cooperative to individual participants in the family farmer and rancher protection fund",
        "solution": "4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2011/page_35.pdf\n\nID: DISCA/2011/page_35.pdf-2\n\nPrevious Text:\nour digital media business consists of our websites and mobile and video-on-demand ( 201cvod 201d ) services .\nour websites include network branded websites such as discovery.com , tlc.com and animalplanet.com , and other websites such as howstuffworks.com , an online source of explanations of how the world actually works ; treehugger.com , a comprehensive source for 201cgreen 201d news , solutions and product information ; and petfinder.com , a leading pet adoption destination .\ntogether , these websites attracted an average of 24 million cumulative unique monthly visitors , according to comscore , inc .\nin 2011 .\ninternational networks our international networks segment principally consists of national and pan-regional television networks .\nthis segment generates revenues primarily from fees charged to operators who distribute our networks , which primarily include cable and dth satellite service providers , and from advertising sold on our television networks and websites .\ndiscovery channel , animal planet and tlc lead the international networks 2019 portfolio of television networks , which are distributed in virtually every pay-television market in the world through an infrastructure that includes operational centers in london , singapore and miami .\ninternational networks has one of the largest international distribution platforms of networks with one to twelve networks in more than 200 countries and territories around the world .\nat december 31 , 2011 , international networks operated over 150 unique distribution feeds in over 40 languages with channel feeds customized according to language needs and advertising sales opportunities .\nour international networks segment owns and operates the following television networks which reached the following number of subscribers as of december 31 , 2011 : education and other our education and other segment primarily includes the sale of curriculum-based product and service offerings and postproduction audio services .\nthis segment generates revenues primarily from subscriptions charged to k-12 schools for access to an online suite of curriculum-based vod tools , professional development services , and to a lesser extent student assessment and publication of hardcopy curriculum-based content .\nour education business also participates in corporate partnerships , global brand and content licensing business with leading non-profits , foundations and trade associations .\nother businesses primarily include postproduction audio services that are provided to major motion picture studios , independent producers , broadcast networks , cable channels , advertising agencies , and interactive producers .\ncontent development our content development strategy is designed to increase viewership , maintain innovation and quality leadership , and provide value for our network distributors and advertising customers .\nsubstantially all content is sourced from a wide range of third-party producers , which includes some of the world 2019s leading nonfiction production companies with which we have developed long-standing relationships , as well as independent producers .\nour production arrangements fall into three categories : produced , coproduced and licensed .\nsubstantially all produced content includes programming which we engage third parties to develop and produce while we retain editorial control and own most or all of the rights in exchange for paying all development and production costs .\ncoproduced content refers to program rights acquired that we have collaborated with third parties to finance and develop .\ncoproduced programs are typically high-cost projects for which neither we nor our coproducers wish to bear the entire cost or productions in which the producer has already taken on an international broadcast partner .\nlicensed content is comprised of films or series that have been previously produced by third parties .\nglobal networks international subscribers ( millions ) regional networks international subscribers ( millions ) .\n\nTable Data:\n[['global networks discovery channel', 'international subscribers ( millions ) 213', 'regional networks dmax', 'international subscribers ( millions ) 47'], ['animal planet', '166', 'discovery kids', '37'], ['tlc real time and travel & living', '150', 'liv', '29'], ['discovery science', '66', 'quest', '23'], ['discovery home & health', '48', 'discovery history', '13'], ['turbo', '37', 'shed', '12'], ['discovery world', '27', 'discovery en espanol ( u.s. )', '5'], ['investigation discovery', '23', 'discovery famillia ( u.s. )', '4'], ['hd services', '17', '', '']]\n\nFollowing Text:\n.\n\nQuestion: the largest network is what percent larger than the second largest based on subscribers?\\\\n",
        "solution": "28%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2014/page_30.pdf\n\nID: UNP/2014/page_30.pdf-4\n\nPrevious Text:\noperating expenses millions 2014 2013 2012 % (  % ) change 2014 v 2013 % (  % ) change 2013 v 2012 .\n\nTable Data:\n[['millions', '2014', '2013', '2012', '% (  % ) change 2014 v 2013', '% (  % ) change 2013 v 2012'], ['compensation and benefits', '$ 5076', '$ 4807', '$ 4685', '6% ( 6 % )', '3% ( 3 % )'], ['fuel', '3539', '3534', '3608', '-', '-2 ( 2 )'], ['purchased services and materials', '2558', '2315', '2143', '10', '8'], ['depreciation', '1904', '1777', '1760', '7', '1'], ['equipment and other rents', '1234', '1235', '1197', '-', '3'], ['other', '924', '849', '788', '9', '8'], ['total', '$ 15235', '$ 14517', '$ 14181', '5% ( 5 % )', '2% ( 2 % )']]\n\nFollowing Text:\noperating expenses increased $ 718 million in 2014 versus 2013 .\nvolume-related expenses , incremental costs associated with operating a slower network , depreciation , wage and benefit inflation , and locomotive and freight car materials contributed to the higher costs .\nlower fuel price partially offset these increases .\nin addition , there were approximately $ 35 million of weather related costs in the first quarter of operating expenses increased $ 336 million in 2013 versus 2012 .\nwage and benefit inflation , new logistics management fees and container costs for our automotive business , locomotive overhauls , property taxes and repairs on jointly owned property contributed to higher expenses during the year .\nlower fuel prices partially offset the cost increases .\ncompensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs .\nvolume-related expenses , including training , and a slower network increased our train and engine work force , which , along with general wage and benefit inflation , drove increased wages .\nweather-related costs in the first quarter of 2014 also increased costs .\ngeneral wages and benefits inflation , including increased pension and other postretirement benefits , and higher work force levels drove the increases in 2013 versus 2012 .\nthe impact of ongoing productivity initiatives partially offset these increases .\nfuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment .\nvolume growth of 7% ( 7 % ) , as measured by gross ton-miles , drove the increase in fuel expense .\nthis was essentially offset by lower locomotive diesel fuel prices , which averaged $ 2.97 per gallon ( including taxes and transportation costs ) in 2014 , compared to $ 3.15 in 2013 , along with a slight improvement in fuel consumption rate , computed as gallons of fuel consumed divided by gross ton-miles .\nlower locomotive diesel fuel prices , which averaged $ 3.15 per gallon ( including taxes and transportation costs ) in 2013 , compared to $ 3.22 in 2012 , decreased expenses by $ 75 million .\nvolume , as measured by gross ton-miles , decreased 1% ( 1 % ) while the fuel consumption rate , computed as gallons of fuel consumed divided by gross ton-miles , increased 2% ( 2 % ) compared to 2012 .\ndeclines in heavier , more fuel-efficient coal shipments drove the variances in gross-ton-miles and the fuel consumption rate .\npurchased services and materials 2013 expense for purchased services and materials includes the costs of services purchased from outside contractors and other service providers ( including equipment maintenance and contract expenses incurred by our subsidiaries for external transportation services ) ; materials used to maintain the railroad 2019s lines , structures , and equipment ; costs of operating facilities jointly used by uprr and other railroads ; transportation and lodging for train crew employees ; trucking and contracting costs for intermodal containers ; leased automobile maintenance expenses ; and tools and supplies .\nexpenses for purchased services increased 8% ( 8 % ) compared to 2013 primarily due to volume- 2014 operating expenses .\n\nQuestion: what percentage of total operating expenses was fuel in 2013?",
        "solution": "24%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MRO/2012/page_18.pdf\n\nID: MRO/2012/page_18.pdf-2\n\nPrevious Text:\nin the ordinary course of business , based on our evaluations of certain geologic trends and prospective economics , we have allowed certain lease acreage to expire and may allow additional acreage to expire in the future .\nif production is not established or we take no other action to extend the terms of the leases , licenses , or concessions , undeveloped acreage listed in the table below will expire over the next three years .\nwe plan to continue the terms of many of these licenses and concession areas or retain leases through operational or administrative actions. .\n\nTable Data:\n[['( in thousands )', 'net undeveloped acres expiring 2013', 'net undeveloped acres expiring 2014', 'net undeveloped acres expiring 2015'], ['u.s .', '436', '189', '130'], ['canada', '2014', '2014', '2014'], ['total north america', '436', '189', '130'], ['e.g .', '2014', '36', '2014'], ['other africa', '858', '2014', '189'], ['total africa', '858', '36', '189'], ['total europe', '2014', '216', '1155'], ['other international', '2014', '2014', '49'], ['worldwide', '1294', '441', '1523']]\n\nFollowing Text:\nmarketing and midstream our e&p segment includes activities related to the marketing and transportation of substantially all of our liquid hydrocarbon and natural gas production .\nthese activities include the transportation of production to market centers , the sale of commodities to third parties and storage of production .\nwe balance our various sales , storage and transportation positions through what we call supply optimization , which can include the purchase of commodities from third parties for resale .\nsupply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product types and delivery points .\nas discussed previously , we currently own and operate gathering systems and other midstream assets in some of our production areas .\nwe are continually evaluating value-added investments in midstream infrastructure or in capacity in third-party systems .\ndelivery commitments we have committed to deliver quantities of crude oil and natural gas to customers under a variety of contracts .\nas of december 31 , 2012 , those contracts for fixed and determinable amounts relate primarily to eagle ford liquid hydrocarbon production .\na minimum of 54 mbbld is to be delivered at variable pricing through mid-2017 under two contracts .\nour current production rates and proved reserves related to the eagle ford shale are sufficient to meet these commitments , but the contracts also provide for a monetary shortfall penalty or delivery of third-party volumes .\noil sands mining segment we hold a 20 percent non-operated interest in the aosp , an oil sands mining and upgrading joint venture located in alberta , canada .\nthe joint venture produces bitumen from oil sands deposits in the athabasca region utilizing mining techniques and upgrades the bitumen to synthetic crude oils and vacuum gas oil .\nthe aosp 2019s mining and extraction assets are located near fort mcmurray , alberta and include the muskeg river and the jackpine mines .\ngross design capacity of the combined mines is 255000 ( 51000 net to our interest ) barrels of bitumen per day .\nthe aosp base and expansion 1 scotford upgrader is at fort saskatchewan , northeast of edmonton , alberta .\nas of december 31 , 2012 , we own or have rights to participate in developed and undeveloped leases totaling approximately 216000 gross ( 43000 net ) acres .\nthe underlying developed leases are held for the duration of the project , with royalties payable to the province of alberta .\nthe five year aosp expansion 1 was completed in 2011 .\nthe jackpine mine commenced production under a phased start- up in the third quarter of 2010 and began supplying oil sands ore to the base processing facility in the fourth quarter of 2010 .\nthe upgrader expansion was completed and commenced operations in the second quarter of 2011 .\nsynthetic crude oil sales volumes for 2012 were 47 mbbld and net of royalty production was 41 mbbld .\nphase one of debottlenecking opportunities was approved in 2011 and is expected to be completed in the second quarter of 2013 .\nfuture expansions and additional debottlenecking opportunities remain under review with no formal approvals expected until 2014 .\ncurrent aosp operations use established processes to mine oil sands deposits from an open-pit mine , extract the bitumen and upgrade it into synthetic crude oils .\nore is mined using traditional truck and shovel mining techniques .\nthe mined ore passes through primary crushers to reduce the ore chunks in size and is then sent to rotary breakers where the ore chunks are further reduced to smaller particles .\nthe particles are combined with hot water to create slurry .\nthe slurry moves through the extraction .\n\nQuestion: based on synthetic crude oil sales volumes for 2012 , what are the deemed mbbld due to royalty production?",
        "solution": "6"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2009/page_248.pdf\n\nID: C/2009/page_248.pdf-4\n\nPrevious Text:\ncertain mortgage loans citigroup has elected the fair value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans held-for-sale .\nthese loans are intended for sale or securitization and are hedged with derivative instruments .\nthe company has elected the fair value option to mitigate accounting mismatches in cases where hedge .\n\nTable Data:\n[['in millions of dollars', 'december 31 2009', 'december 31 2008'], ['carrying amount reported on the consolidated balance sheet', '$ 3338', '$ 4273'], ['aggregate fair value in excess of unpaid principalbalance', '55', '138'], ['balance of non-accrual loans or loans more than 90 days past due', '4', '9'], ['aggregate unpaid principal balance in excess of fair value for non-accrualloans or loans more than 90 days past due', '3', '2']]\n\nFollowing Text:\nthe changes in fair values of these mortgage loans are reported in other revenue in the company 2019s consolidated statement of income .\nthe changes in fair value during the years ended december 31 , 2009 and 2008 due to instrument-specific credit risk resulted in a $ 10 million loss and $ 32 million loss , respectively .\nrelated interest income continues to be measured based on the contractual interest rates and reported as such in the consolidated statement of income .\nmortgage servicing rights the company accounts for mortgage servicing rights ( msrs ) at fair value .\nfair value for msrs is determined using an option-adjusted spread valuation approach .\nthis approach consists of projecting servicing cash flows under multiple interest-rate scenarios and discounting these cash flows using risk-adjusted rates .\nthe model assumptions used in the valuation of msrs include mortgage prepayment speeds and discount rates .\nthe fair value of msrs is primarily affected by changes in prepayments that result from shifts in mortgage interest rates .\nin managing this risk , the company hedges a significant portion of the values of its msrs through the use of interest-rate derivative contracts , forward-purchase commitments of mortgage-backed securities , and purchased securities classified as trading .\nsee note 23 to the consolidated financial statements for further discussions regarding the accounting and reporting of msrs .\nthese msrs , which totaled $ 6.5 billion and $ 5.7 billion as of december 31 , 2009 and 2008 , respectively , are classified as mortgage servicing rights on citigroup 2019s consolidated balance sheet .\nchanges in fair value of msrs are recorded in commissions and fees in the company 2019s consolidated statement of income .\ncertain structured liabilities the company has elected the fair value option for certain structured liabilities whose performance is linked to structured interest rates , inflation or currency risks ( 201cstructured liabilities 201d ) .\nthe company elected the fair value option , because these exposures are considered to be trading-related positions and , therefore , are managed on a fair value basis .\nthese positions will continue to be classified as debt , deposits or derivatives ( trading account liabilities ) on the company 2019s consolidated balance sheet according to their legal form .\nfor those structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 125 million and $ 671 million as of december 31 , 2009 and 2008 , respectively .\nthe change in fair value for these structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income .\nrelated interest expense is measured based on the contractual interest rates and reported as such in the consolidated income statement .\ncertain non-structured liabilities the company has elected the fair value option for certain non-structured liabilities with fixed and floating interest rates ( 201cnon-structured liabilities 201d ) .\nthe company has elected the fair value option where the interest-rate risk of such liabilities is economically hedged with derivative contracts or the proceeds are used to purchase financial assets that will also be accounted for at fair value through earnings .\nthe election has been made to mitigate accounting mismatches and to achieve operational simplifications .\nthese positions are reported in short-term borrowings and long-term debt on the company 2019s consolidated balance sheet .\nfor those non-structured liabilities classified as short-term borrowings for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value of such instruments by $ 220 million as of december 31 , 2008 .\nfor non-structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 1542 million and $ 856 million as of december 31 , 2009 and 2008 , respectively .\nthe change in fair value for these non-structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income .\nrelated interest expense continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement .\naccounting is complex and to achieve operational simplifications .\nthe fair value option was not elected for loans held-for-investment , as those loans are not hedged with derivative instruments .\nthe following table provides information about certain mortgage loans carried at fair value: .\n\nQuestion: what was the percentage change in carrying amount reported on the consolidated balance sheet from 2008 to 2009?",
        "solution": "-22%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RCL/2011/page_16.pdf\n\nID: RCL/2011/page_16.pdf-1\n\nPrevious Text:\npart i berths at the end of 2011 .\nthere are approximately 10 ships with an estimated 34000 berths that are expected to be placed in service in the north american cruise market between 2012 and 2016 .\neurope in europe , cruising represents a smaller but growing sector of the vacation industry .\nit has experienced a compound annual growth rate in cruise guests of approximately 9.6% ( 9.6 % ) from 2007 to 2011 and we believe this market has significant continued growth poten- tial .\nwe estimate that europe was served by 104 ships with approximately 100000 berths at the beginning of 2007 and by 121 ships with approximately 155000 berths at the end of 2011 .\nthere are approximately 10 ships with an estimated 28000 berths that are expected to be placed in service in the european cruise market between 2012 and 2016 .\nthe following table details the growth in the global , north american and european cruise markets in terms of cruise guests and estimated weighted-average berths over the past five years : global cruise guests ( 1 ) weighted-average supply of berths marketed globally ( 1 ) north american cruise guests ( 2 ) weighted-average supply of berths marketed in north america ( 1 ) european cruise guests ( 3 ) weighted-average supply of berths marketed in europe ( 1 ) .\n\nTable Data:\n[['year', 'global cruiseguests ( 1 )', 'weighted-averagesupplyofberthsmarketedglobally ( 1 )', 'northamericancruiseguests ( 2 )', 'weighted-average supply ofberths marketedin northamerica ( 1 )', 'europeancruiseguests', 'weighted-averagesupply ofberthsmarketed ineurope ( 1 )'], ['2007', '16586000', '327000', '10247000', '212000', '4080000', '105000'], ['2008', '17184000', '347000', '10093000', '219000', '4500000', '120000'], ['2009', '17340000', '363000', '10198000', '222000', '5000000', '131000'], ['2010', '18800000', '391000', '10781000', '232000', '5540000', '143000'], ['2011', '20227000', '412000', '11625000', '245000', '5894000', '149000']]\n\nFollowing Text:\n( 1 ) source : our estimates of the number of global cruise guests , and the weighted-average supply of berths marketed globally , in north america and europe are based on a combination of data that we obtain from various publicly available cruise industry trade information sources including seatrade insider and cruise line international association .\nin addition , our estimates incorporate our own statistical analysis utilizing the same publicly available cruise industry data as a base .\n( 2 ) source : cruise line international association based on cruise guests carried for at least two consecutive nights for years 2007 through 2010 .\nyear 2011 amounts represent our estimates ( see number 1 above ) .\n( 3 ) source : european cruise council for years 2007 through 2010 .\nyear 2011 amounts represent our estimates ( see number 1 above ) .\nother markets in addition to expected industry growth in north america and europe as discussed above , we expect the asia/pacific region to demonstrate an even higher growth rate in the near term , although it will continue to represent a relatively small sector compared to north america and europe .\nwe compete with a number of cruise lines ; however , our principal competitors are carnival corporation & plc , which owns , among others , aida cruises , carnival cruise lines , costa cruises , cunard line , holland america line , iberocruceros , p&o cruises and princess cruises ; disney cruise line ; msc cruises ; norwegian cruise line and oceania cruises .\ncruise lines compete with other vacation alternatives such as land-based resort hotels and sightseeing destinations for consum- ers 2019 leisure time .\ndemand for such activities is influ- enced by political and general economic conditions .\ncompanies within the vacation market are dependent on consumer discretionary spending .\noperating strategies our principal operating strategies are to : and employees and protect the environment in which our vessels and organization operate , to better serve our global guest base and grow our business , order to enhance our revenues while continuing to expand and diversify our guest mix through interna- tional guest sourcing , and ensure adequate cash and liquidity , with the overall goal of maximizing our return on invested capital and long-term shareholder value , our brands throughout the world , revitalization of existing ships and the transfer of key innovations across each brand , while expanding our fleet with the new state-of-the-art cruise ships recently delivered and on order , by deploying them into those markets and itineraries that provide opportunities to optimize returns , while continuing our focus on existing key markets , support ongoing operations and initiatives , and the principal industry distribution channel , while enhancing our consumer outreach programs. .\n\nQuestion: what was the percent of the anticipated increased in the berths capacity to service european cruise market between 2012 and 2016",
        "solution": "18.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2010/page_120.pdf\n\nID: RE/2010/page_120.pdf-3\n\nPrevious Text:\nother-than-temporary impairments on investment securities .\nin april 2009 , the fasb revised the authoritative guidance for the recognition and presentation of other-than-temporary impairments .\nthis new guidance amends the recognition guidance for other-than-temporary impairments of debt securities and expands the financial statement disclosures for other-than-temporary impairments on debt and equity securities .\nfor available for sale debt securities that the company has no intent to sell and more likely than not will not be required to sell prior to recovery , only the credit loss component of the impairment would be recognized in earnings , while the rest of the fair value loss would be recognized in accumulated other comprehensive income ( loss ) .\nthe company adopted this guidance effective april 1 , 2009 .\nupon adoption the company recognized a cumulative-effect adjustment increase in retained earnings ( deficit ) and decrease in accumulated other comprehensive income ( loss ) as follows : ( dollars in thousands ) .\n\nTable Data:\n[['cumulative-effect adjustment gross', '$ 65658'], ['tax', '-8346 ( 8346 )'], ['cumulative-effect adjustment net', '$ 57312']]\n\nFollowing Text:\nmeasurement of fair value in inactive markets .\nin april 2009 , the fasb revised the authoritative guidance for fair value measurements and disclosures , which reaffirms that fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions .\nit also reaffirms the need to use judgment in determining if a formerly active market has become inactive and in determining fair values when the market has become inactive .\nthere was no impact to the company 2019s financial statements upon adoption .\nfair value disclosures about pension plan assets .\nin december 2008 , the fasb revised the authoritative guidance for employers 2019 disclosures about pension plan assets .\nthis new guidance requires additional disclosures about the components of plan assets , investment strategies for plan assets and significant concentrations of risk within plan assets .\nthe company , in conjunction with fair value measurement of plan assets , separated plan assets into the three fair value hierarchy levels and provided a roll forward of the changes in fair value of plan assets classified as level 3 in the 2009 annual consolidated financial statements .\nthese disclosures had no effect on the company 2019s accounting for plan benefits and obligations .\nrevisions to earnings per share calculation .\nin june 2008 , the fasb revised the authoritative guidance for earnings per share for determining whether instruments granted in share-based payment transactions are participating securities .\nthis new guidance requires unvested share-based payment awards that contain non- forfeitable rights to dividends be considered as a separate class of common stock and included in the earnings per share calculation using the two-class method .\nthe company 2019s restricted share awards meet this definition and are therefore included in the basic earnings per share calculation .\nadditional disclosures for derivative instruments .\nin march 2008 , the fasb issued authoritative guidance for derivative instruments and hedging activities , which requires enhanced disclosures on derivative instruments and hedged items .\non january 1 , 2009 , the company adopted the additional disclosure for the equity index put options .\nno comparative information for periods prior to the effective date was required .\nthis guidance had no impact on how the company records its derivatives. .\n\nQuestion: what is the tax rate on the cumulative-effect adjustment?",
        "solution": "12.7%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: HOLX/2011/page_127.pdf\n\nID: HOLX/2011/page_127.pdf-2\n\nPrevious Text:\ntable of contents as of september 25 , 2010 , the carrying amount of the original notes and related equity component ( recorded in capital in excess of par value , net of deferred taxes ) consisted of the following: .\n\nTable Data:\n[['convertible notes principal amount', '$ 1725000'], ['unamortized discount', '-277947 ( 277947 )'], ['net carrying amount', '$ 1447053'], ['equity component net of taxes', '$ 283638']]\n\nFollowing Text:\nas noted above , on november 18 , 2010 , the company executed separate , privately-negotiated exchange agreements , and the company retired $ 450.0 million in aggregate principal of its original notes for $ 450.0 million in aggregate principal of exchange notes .\nthe company accounted for this retirement under the derecognition provisions of subtopic asc 470-20-40 , which requires the allocation of the fair value of the consideration transferred ( i.e. , the exchange notes ) between the liability and equity components of the original instrument to determine the gain or loss on the transaction .\nin connection with this transaction , the company recorded a loss on extinguishment of debt of $ 29.9 million , which is comprised of the loss on the debt itself of $ 26.0 million and the write-off of the pro-rata amount of debt issuance costs of $ 3.9 million allocated to the notes retired .\nthe loss on the debt itself is calculated as the difference between the fair value of the liability component of the original notes 2019 amount retired immediately before the exchange and its related carrying value immediately before the exchange .\nthe fair value of the liability component was calculated similar to the description above for initially recording the original notes under fsp apb 14-1 , and the company used an effective interest rate of 5.46% ( 5.46 % ) , representing the estimated nonconvertible debt borrowing rate with a three year maturity at the measurement date .\nin addition , under this accounting standard , a portion of the fair value of the consideration transferred is allocated to the reacquisition of the equity component , which is the difference between the fair value of the consideration transferred and the fair value of the liability component immediately before the exchange .\nas a result , $ 39.9 million was allocated to the reacquisition of the equity component of the original instrument , which is recorded net of deferred taxes within capital in excess of par value .\nsince the exchange notes have the same characteristics as the original notes and can be settled in cash or a combination of cash and shares of common stock ( i.e. , partial settlement ) , the company is required to account for the liability and equity components of its exchange notes separately to reflect its nonconvertible debt borrowing rate .\nthe company estimated the fair value of the exchange notes liability component to be $ 349.0 million using a discounted cash flow technique .\nkey inputs used to estimate the fair value of the liability component included the company 2019s estimated nonconvertible debt borrowing rate as of november 18 , 2010 ( the date the convertible notes were issued ) , the amount and timing of cash flows , and the expected life of the exchange notes .\nthe company used an estimated effective interest rate of 6.52% ( 6.52 % ) .\nthe excess of the fair value transferred over the estimated fair value of the liability component totaling $ 97.3 million was allocated to the conversion feature as an increase to capital in excess of par value with a corresponding offset recognized as a discount to reduce the net carrying value of the exchange notes .\nas a result of the fair value of the exchange notes being lower than the exchange notes principal value , there is an additional discount on the exchange notes of $ 3.7 million at the measurement date .\nthe total discount is being amortized to interest expense over a six-year period ending december 15 , 2016 ( the expected life of the liability component ) using the effective interest method .\nin addition , third-party transaction costs have been allocated to the liability and equity components based on the relative values of these components .\nsource : hologic inc , 10-k , november 23 , 2011 powered by morningstar ae document research 2120 the information contained herein may not be copied , adapted or distributed and is not warranted to be accurate , complete or timely .\nthe user assumes all risks for any damages or losses arising from any use of this information , except to the extent such damages or losses cannot be limited or excluded by applicable law .\npast financial performance is no guarantee of future results. .\n\nQuestion: what is the ratio of net carrying amount of notes to equity net of taxes?",
        "solution": "5.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: IP/2009/page_34.pdf\n\nID: IP/2009/page_34.pdf-4\n\nPrevious Text:\ndistribution xpedx , our north american merchant distribution business , distributes products and services to a number of customer markets including : commercial printers with printing papers and graphic pre-press , printing presses and post-press equipment ; building services and away-from-home markets with facility supplies ; manufacturers with packaging supplies and equipment ; and to a growing number of customers , we exclusively provide distribution capabilities including warehousing and delivery services .\nxpedx is the leading wholesale distribution marketer in these customer and product segments in north america , operating 122 warehouse locations and 130 retail stores in the united states , mexico and cana- forest products international paper owns and manages approx- imately 200000 acres of forestlands and develop- ment properties in the united states , mostly in the south .\nour remaining forestlands are managed as a portfolio to optimize the economic value to our shareholders .\nmost of our portfolio represents prop- erties that are likely to be sold to investors and other buyers for various purposes .\nspecialty businesses and other chemicals : this business was sold in the first quarter of 2007 .\nilim holding s.a .\nin october 2007 , international paper and ilim holding s.a .\n( ilim ) completed a 50:50 joint venture to operate a pulp and paper business located in russia .\nilim 2019s facilities include three paper mills located in bratsk , ust-ilimsk , and koryazhma , russia , with combined total pulp and paper capacity of over 2.5 million tons .\nilim has exclusive harvesting rights on timberland and forest areas exceeding 12.8 million acres ( 5.2 million hectares ) .\nproducts and brand designations appearing in italics are trademarks of international paper or a related company .\nindustry segment results industrial packaging demand for industrial packaging products is closely correlated with non-durable industrial goods pro- duction , as well as with demand for processed foods , poultry , meat and agricultural products .\nin addition to prices and volumes , major factors affecting the profitability of industrial packaging are raw material and energy costs , freight costs , manufacturing effi- ciency and product mix .\nindustrial packaging results for 2009 and 2008 include the cbpr business acquired in the 2008 third quarter .\nnet sales for 2009 increased 16% ( 16 % ) to $ 8.9 billion compared with $ 7.7 billion in 2008 , and 69% ( 69 % ) compared with $ 5.2 billion in 2007 .\noperating profits were 95% ( 95 % ) higher in 2009 than in 2008 and more than double 2007 levels .\nbenefits from higher total year-over-year shipments , including the impact of the cbpr business , ( $ 11 million ) , favorable operating costs ( $ 294 million ) , and lower raw material and freight costs ( $ 295 million ) were parti- ally offset by the effects of lower price realizations ( $ 243 million ) , higher corporate overhead allocations ( $ 85 million ) , incremental integration costs asso- ciated with the acquisition of the cbpr business ( $ 3 million ) and higher other costs ( $ 7 million ) .\nadditionally , operating profits in 2009 included a gain of $ 849 million relating to alternative fuel mix- ture credits , u.s .\nplant closure costs of $ 653 million , and costs associated with the shutdown of the eti- enne mill in france of $ 87 million .\nindustrial packaging in millions 2009 2008 2007 .\n\nTable Data:\n[['in millions', '2009', '2008', '2007'], ['sales', '$ 8890', '$ 7690', '$ 5245'], ['operating profit', '761', '390', '374']]\n\nFollowing Text:\nnorth american industrial packaging results include the net sales and operating profits of the cbpr business from the august 4 , 2008 acquis- ition date .\nnet sales were $ 7.6 billion in 2009 com- pared with $ 6.2 billion in 2008 and $ 3.9 billion in 2007 .\noperating profits in 2009 were $ 791 million ( $ 682 million excluding alternative fuel mixture cred- its , mill closure costs and costs associated with the cbpr integration ) compared with $ 322 million ( $ 414 million excluding charges related to the write-up of cbpr inventory to fair value , cbpr integration costs and other facility closure costs ) in 2008 and $ 305 million in 2007 .\nexcluding the effect of the cbpr acquisition , con- tainerboard and box shipments were lower in 2009 compared with 2008 reflecting weaker customer demand .\naverage sales price realizations were sig- nificantly lower for both containerboard and boxes due to weaker world-wide economic conditions .\nhowever , average sales margins for boxes .\n\nQuestion: what is the value of operating expenses and other costs concerning the activities , in 2007?",
        "solution": "4871"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ANSS/2008/page_89.pdf\n\nID: ANSS/2008/page_89.pdf-3\n\nPrevious Text:\n15 .\nleases in january 1996 , the company entered into a lease agreement with an unrelated third party for a new corporate office facility , which the company occupied in february 1997 .\nin may 2004 , the company entered into the first amendment to this lease agreement , effective january 1 , 2004 .\nthe lease was extended from an original period of 10 years , with an option for five additional years , to a period of 18 years from the inception date , with an option for five additional years .\nthe company incurred lease rental expense related to this facility of $ 1.3 million in 2008 , 2007 and 2006 .\nthe future minimum lease payments are $ 1.4 million per annum from january 1 , 2009 to december 31 , 2014 .\nthe future minimum lease payments from january 1 , 2015 through december 31 , 2019 will be determined based on prevailing market rental rates at the time of the extension , if elected .\nthe amended lease also provided for the lessor to reimburse the company for up to $ 550000 in building refurbishments completed through march 31 , 2006 .\nthese amounts have been recorded as a reduction of lease expense over the remaining term of the lease .\nthe company has also entered into various noncancellable operating leases for equipment and office space .\noffice space lease expense totaled $ 9.3 million , $ 6.3 million and $ 4.7 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nfuture minimum lease payments under noncancellable operating leases for office space in effect at december 31 , 2008 are $ 8.8 million in 2009 , $ 6.6 million in 2010 , $ 3.0 million in 2011 , $ 1.8 million in 2012 and $ 1.1 million in 2013 .\n16 .\nroyalty agreements the company has entered into various renewable , nonexclusive license agreements under which the company has been granted access to the licensor 2019s technology and the right to sell the technology in the company 2019s product line .\nroyalties are payable to developers of the software at various rates and amounts , which generally are based upon unit sales or revenue .\nroyalty fees are reported in cost of goods sold and were $ 6.3 million , $ 5.2 million and $ 3.9 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\n17 .\ngeographic information revenue to external customers is attributed to individual countries based upon the location of the customer .\nrevenue by geographic area is as follows: .\n\nTable Data:\n[['( in thousands )', 'year ended december 31 , 2008', 'year ended december 31 , 2007', 'year ended december 31 , 2006'], ['united states', '$ 151688', '$ 131777', '$ 94282'], ['germany', '68390', '50973', '34567'], ['japan', '66960', '50896', '35391'], ['canada', '8033', '4809', '4255'], ['other european', '127246', '108971', '70184'], ['other international', '56022', '37914', '24961'], ['total revenue', '$ 478339', '$ 385340', '$ 263640']]\n\nFollowing Text:\n.\n\nQuestion: what is the total combined royalty fees for years ended 2006-2008 , in millions?",
        "solution": "15.4"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: SNPS/2003/page_39.pdf\n\nID: SNPS/2003/page_39.pdf-1\n\nPrevious Text:\nthe following table presents the estimated future amortization of deferred stock compensation reported in both cost of revenue and operating expenses : fiscal year ( in thousands ) .\n\nTable Data:\n[['fiscal year', '( in thousands )'], ['2004', '$ 3677'], ['2005', '2403'], ['2006', '840'], ['2007', '250'], ['total estimated future amortization of deferred stock compensation', '$ 7170']]\n\nFollowing Text:\nimpairment of intangible assets .\nin fiscal 2002 , we recognized an aggregate impairment charge of $ 3.8 million to reduce the amount of certain intangible assets associated with prior acquisitions to their estimated fair value .\napproximately $ 3.7 million and $ 0.1 million are included in integration expense and amortization of intangible assets , respectively , on the consolidated statement of operations .\nthe impairment charge is primarily attributable to certain technology acquired from and goodwill related to the acquisition of stanza , inc .\n( stanza ) in 1999 .\nduring fiscal 2002 , we determined that we would not allocate future resources to assist in the market growth of this technology as products acquired in the merger with avant! provided customers with superior capabilities .\nas a result , we do not anticipate any future sales of the stanza product .\nin fiscal 2001 , we recognized an aggregate impairment charge of $ 2.2 million to reduce the amount of certain intangible assets associated with prior acquisitions to their estimated fair value .\napproximately $ 1.8 million and $ 0.4 million are included in cost of revenues and amortization of intangible assets , respectively , on the consolidated statement of operations .\nthe impairment charge is attributable to certain technology acquired from and goodwill related to the acquisition of eagle design automation , inc .\n( eagle ) in 1997 .\nduring fiscal 2001 , we determined that we would not allocate future resources to assist in the market growth of this technology .\nas a result , we do not anticipate any future sales of the eagle product .\nthere were no impairment charges during fiscal 2003 .\nother ( expense ) income , net .\nother income , net was $ 24.1 million in fiscal 2003 and consisted primarily of ( i ) realized gain on investments of $ 20.7 million ; ( ii ) rental income of $ 6.3 million ; ( iii ) interest income of $ 5.2 million ; ( iv ) impairment charges related to certain assets in our venture portfolio of ( $ 4.5 ) million ; ( vii ) foundation contributions of ( $ 2.1 ) million ; and ( viii ) interest expense of ( $ 1.6 ) million .\nother ( expense ) , net of other income was ( $ 208.6 ) million in fiscal 2002 and consisted primarily of ( i ) ( $ 240.8 ) million expense due to the settlement of the cadence design systems , inc .\n( cadence ) litigation ; ( ii ) ( $ 11.3 ) million in impairment charges related to certain assets in our venture portfolio ; ( iii ) realized gains on investments of $ 22.7 million ; ( iv ) a gain of $ 3.1 million for the termination fee on the ikos systems , inc .\n( ikos ) merger agreement ; ( v ) rental income of $ 10.0 million ; ( vi ) interest income of $ 8.3 million ; and ( vii ) and other miscellaneous expenses including amortization of premium forwards and foreign exchange gains and losses recognized during the fiscal year of ( $ 0.6 ) million .\nother income , net was $ 83.8 million in fiscal 2001 and consisted primarily of ( i ) a gain of $ 10.6 million on the sale of our silicon libraries business to artisan components , inc. ; ( ii ) ( $ 5.8 ) million in impairment charges related to certain assets in our venture portfolio ; ( iii ) realized gains on investments of $ 55.3 million ; ( iv ) rental income of $ 8.6 million ; ( v ) interest income of $ 12.8 million ; and ( vi ) other miscellaneous income including amortization of premium forwards and foreign exchange gains and losses recognized during the fiscal year of $ 2.3 million .\ntermination of agreement to acquire ikos systems , inc .\non july 2 , 2001 , we entered into an agreement and plan of merger and reorganization ( the ikos merger agreement ) with ikos systems , inc .\nthe ikos merger agreement provided for the acquisition of all outstanding shares of ikos common stock by synopsys. .\n\nQuestion: considering the years 2004-2005 , what is the percentual decrease observed in the estimated future amortization of deferred stock compensation?",
        "solution": "34.65%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RE/2010/page_42.pdf\n\nID: RE/2010/page_42.pdf-3\n\nPrevious Text:\nunited kingdom .\nbermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .\nbermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .\nif bermuda re 2019s bermuda operations were to become subject to uk income tax , there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .\nireland .\nholdings ireland and ireland re conduct business in ireland and are subject to taxation in ireland .\navailable information .\nthe 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 ) .\nitem 1a .\nrisk 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 .\nif 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 .\nrisks relating to our business fluctuations in the financial markets could result in investment losses .\nprolonged and severe disruptions in the public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio .\nfor the year ended december 31 , 2008 , we incurred $ 695.8 million of realized investment gains and $ 310.4 million of unrealized investment losses .\nalthough financial markets significantly improved during 2009 and 2010 , they could deteriorate in the future and again result in substantial realized and unrealized losses , which could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings .\nour results could be adversely affected by catastrophic events .\nwe are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .\nany 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 .\nsubsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes .\nprior to april 1 , 2010 , we used a threshold of $ 5.0 million .\nby way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: .\n\nTable Data:\n[['calendar year:', 'pre-tax catastrophe losses'], ['( dollars in millions )', ''], ['2010', '$ 571.1'], ['2009', '67.4'], ['2008', '364.3'], ['2007', '160.0'], ['2006', '287.9']]\n\nFollowing Text:\n.\n\nQuestion: what was the ratio of the pre-tax catastrophe losses in 2010 compared to 2009",
        "solution": "8.47"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AON/2013/page_32.pdf\n\nID: AON/2013/page_32.pdf-1\n\nPrevious Text:\nclass a ordinary shares of aon plc are , at present , eligible for deposit and clearing within the dtc system .\nin connection with the closing of the merger , we entered into arrangements with dtc whereby we agreed to indemnify dtc for any stamp duty and/or sdrt that may be assessed upon it as a result of its service as a depository and clearing agency for our class a ordinary shares .\nin addition , we have obtained a ruling from hmrc in respect of the stamp duty and sdrt consequences of the reorganization , and sdrt has been paid in accordance with the terms of this ruling in respect of the deposit of class a ordinary shares with the initial depository .\ndtc will generally have discretion to cease to act as a depository and clearing agency for the class a ordinary shares .\nif dtc determines at any time that the class a ordinary shares are not eligible for continued deposit and clearance within its facilities , then we believe the class a ordinary shares would not be eligible for continued listing on a u.s .\nsecurities exchange or inclusion in the s&p 500 and trading in the class a ordinary shares would be disrupted .\nwhile we would pursue alternative arrangements to preserve our listing and maintain trading , any such disruption could have a material adverse effect on the trading price of the class a ordinary shares .\nitem 1b .\nunresolved staff comments .\nitem 2 .\nproperties .\nwe have offices in various locations throughout the world .\nsubstantially all of our offices are located in leased premises .\nwe maintain our corporate headquarters at 8 devonshire square , london , england , where we occupy approximately 225000 square feet of space under an operating lease agreement that expires in 2018 .\nwe own one building at pallbergweg 2-4 , amsterdam , the netherlands ( 150000 square feet ) .\nthe following are additional significant leased properties , along with the occupied square footage and expiration .\nproperty : occupied square footage expiration .\n\nTable Data:\n[['property:', 'occupiedsquare footage', 'leaseexpiration dates'], ['4 overlook point and other locations lincolnshire illinois', '1224000', '2017 2013 2024'], ['2601 research forest drive the woodlands texas', '414000', '2020'], ['dlf city and unitech cyber park gurgaon india', '413000', '2014 2013 2015'], ['200 e . randolph street chicago illinois', '396000', '2028'], ['2300 discovery drive orlando florida', '364000', '2020'], ['199 water street new york new york', '319000', '2018'], ['7201 hewitt associates drive charlotte north carolina', '218000', '2015']]\n\nFollowing Text:\nthe locations in lincolnshire , illinois , the woodlands , texas , gurgaon , india , orlando , florida , and charlotte , north carolina , each of which were acquired as part of the hewitt acquisition in 2010 , are primarily dedicated to our hr solutions segment .\nthe other locations listed above house personnel from both of our reportable segments .\nin november 2011 , aon entered into an agreement to lease 190000 square feet in a new building to be constructed in london , united kingdom .\nthe agreement is contingent upon the completion of the building construction .\naon expects to move into the new building in 2015 when it exercises an early break option at the devonshire square location .\nin september 2013 , aon entered into an agreement to lease up to 479000 square feet in a new building to be constructed in gurgaon , india .\nthe agreement is contingent upon the completion of the building construction .\naon expects to move into the new building in phases during 2014 and 2015 upon the expiration of the existing leases at the gurgaon locations .\nin general , no difficulty is anticipated in negotiating renewals as leases expire or in finding other satisfactory space if the premises become unavailable .\nwe believe that the facilities we currently occupy are adequate for the purposes for which they are being used and are well maintained .\nin certain circumstances , we may have unused space and may seek to sublet such space to third parties , depending upon the demands for office space in the locations involved .\nsee note 9 \"lease commitments\" of the notes to consolidated financial statements in part ii , item 8 of this report for information with respect to our lease commitments as of december 31 , 2013 .\nitem 3 .\nlegal proceedings .\nwe hereby incorporate by reference note 16 \"commitments and contingencies\" of the notes to consolidated financial statements in part ii , item 8 of this report. .\n\nQuestion: how many square feet of the occupied space will expire during 2020?",
        "solution": "778000"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CNC/2003/page_41.pdf\n\nID: CNC/2003/page_41.pdf-4\n\nPrevious Text:\ndisclosure of , the issuance of certain types of guarantees .\nthe adoption of fasb interpretation no .\n45 did not have a signif- icant impact on the net income or equity of the company .\nin january 2003 , fasb interpretation no .\n46 , 201cconsolidation of variable interest entities , an interpretation of arb 51 , 201d was issued .\nthe primary objectives of this interpretation , as amended , are to provide guidance on the identification and consolidation of variable interest entities , or vies , which are entities for which control is achieved through means other than through voting rights .\nthe company has completed an analysis of this interpretation and has determined that it does not have any vies .\n4 .\nacquisitions family health plan , inc .\neffective january 1 , 2004 , the company commenced opera- tions in ohio through the acquisition from family health plan , inc .\nof certain medicaid-related assets for a purchase price of approximately $ 6800 .\nthe cost to acquire the medicaid-related assets will be allocated to the assets acquired and liabilities assumed according to estimated fair values .\nhmo blue texas effective august 1 , 2003 , the company acquired certain medicaid-related contract rights of hmo blue texas in the san antonio , texas market for $ 1045 .\nthe purchase price was allocated to acquired contracts , which are being amor- tized on a straight-line basis over a period of five years , the expected period of benefit .\ngroup practice affiliates during 2003 , the company acquired a 100% ( 100 % ) ownership interest in group practice affiliates , llc , a behavioral healthcare services company ( 63.7% ( 63.7 % ) in march 2003 and 36.3% ( 36.3 % ) in august 2003 ) .\nthe consolidated financial state- ments include the results of operations of gpa since march 1 , 2003 .\nthe company paid $ 1800 for its purchase of gpa .\nthe cost to acquire the ownership interest has been allocated to the assets acquired and liabilities assumed according to estimated fair values and is subject to adjustment when additional information concerning asset and liability valuations are finalized .\nthe preliminary allocation has resulted in goodwill of approximately $ 3895 .\nthe goodwill is not amortized and is not deductible for tax purposes .\npro forma disclosures related to the acquisition have been excluded as immaterial .\nscriptassist in march 2003 , the company purchased contract and name rights of scriptassist , llc ( scriptassist ) , a medication com- pliance company .\nthe purchase price of $ 563 was allocated to acquired contracts , which are being amortized on a straight-line basis over a period of five years , the expected period of benefit .\nthe investor group who held membership interests in scriptassist included one of the company 2019s executive officers .\nuniversity health plans , inc .\non december 1 , 2002 , the company purchased 80% ( 80 % ) of the outstanding capital stock of university health plans , inc .\n( uhp ) in new jersey .\nin october 2003 , the company exercised its option to purchase the remaining 20% ( 20 % ) of the outstanding capital stock .\ncentene paid a total purchase price of $ 13258 .\nthe results of operations for uhp are included in the consolidated financial statements since december 1 , 2002 .\nthe acquisition of uhp resulted in identified intangible assets of $ 3800 , representing purchased contract rights and provider network .\nthe intangibles are being amortized over a ten-year period .\ngoodwill of $ 7940 is not amortized and is not deductible for tax purposes .\nchanges during 2003 to the preliminary purchase price allocation primarily consisted of the purchase of the remaining 20% ( 20 % ) of the outstanding stock and the recognition of intangible assets and related deferred tax liabilities .\nthe following unaudited pro forma information presents the results of operations of centene and subsidiaries as if the uhp acquisition described above had occurred as of january 1 , 2001 .\nthese pro forma results may not necessar- ily reflect the actual results of operations that would have been achieved , nor are they necessarily indicative of future results of operations. .\n\nTable Data:\n[['', '2002', '2001'], ['revenue', '$ 567048', '$ 395155'], ['net earnings', '25869', '11573'], ['diluted earnings per common share', '1.48', '1.00']]\n\nFollowing Text:\ndiluted earnings per common share 1.48 1.00 texas universities health plan in june 2002 , the company purchased schip contracts in three texas service areas .\nthe cash purchase price of $ 595 was recorded as purchased contract rights , which are being amortized on a straight-line basis over five years , the expected period of benefit .\nbankers reserve in march 2002 , the company acquired bankers reserve life insurance company of wisconsin for a cash purchase price of $ 3527 .\nthe company allocated the purchase price to net tangible and identifiable intangible assets based on their fair value .\ncentene allocated $ 479 to identifiable intangible assets , representing the value assigned to acquired licenses , which are being amortized on a straight-line basis over a notes to consolidated financial statements ( continued ) centene corporation and subsidiaries .\n\nQuestion: what was the percentage change in pro forma diluted earnings per common share from 2001 to 2002?",
        "solution": "48%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: BLK/2009/page_98.pdf\n\nID: BLK/2009/page_98.pdf-4\n\nPrevious Text:\nblackrock n 96 n notes in april 2009 , the company acquired $ 2 million of finite- lived management contracts with a five-year estimated useful life associated with the acquisition of the r3 capital partners funds .\nin december 2009 , in conjunction with the bgi trans- action , the company acquired $ 163 million of finite- lived management contracts with a weighted-average estimated useful life of approximately 10 years .\nestimated amortization expense for finite-lived intangible assets for each of the five succeeding years is as follows : ( dollar amounts in millions ) .\n\nTable Data:\n[['2010', '$ 160'], ['2011', '157'], ['2012', '156'], ['2013', '155'], ['2014', '149']]\n\nFollowing Text:\nindefinite-lived acquired management contracts on september 29 , 2006 , in conjunction with the mlim transaction , the company acquired indefinite-lived man- agement contracts valued at $ 4477 million consisting of $ 4271 million for all retail mutual funds and $ 206 million for alternative investment products .\non october 1 , 2007 , in conjunction with the quellos transaction , the company acquired $ 631 million in indefinite-lived management contracts associated with alternative investment products .\non october 1 , 2007 , the company purchased the remain- ing 20% ( 20 % ) of an investment manager of a fund of hedge funds .\nin conjunction with this transaction , the company recorded $ 8 million in additional indefinite-lived management contracts associated with alternative investment products .\non december 1 , 2009 , in conjunction with the bgi transaction , the company acquired $ 9785 million in indefinite-lived management contracts valued consisting primarily for exchange traded funds and common and collective trusts .\nindefinite-lived acquired trade names/trademarks on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired trade names/ trademarks primarily related to ishares valued at $ 1402.5 million .\nthe fair value was determined using a royalty rate based primarily on normalized marketing and promotion expenditures to develop and support the brands globally .\n13 .\nborrowings short-term borrowings 2007 facility in august 2007 , the company entered into a five-year $ 2.5 billion unsecured revolving credit facility ( the 201c2007 facility 201d ) , which permits the company to request an additional $ 500 million of borrowing capacity , subject to lender credit approval , up to a maximum of $ 3.0 billion .\nthe 2007 facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortiza- tion , where net debt equals total debt less domestic unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2009 .\nthe 2007 facility provides back-up liquidity , funds ongoing working capital for general corporate purposes and funds various investment opportunities .\nat december 31 , 2009 , the company had $ 200 million outstanding under the 2007 facility with an interest rate of 0.44% ( 0.44 % ) and a maturity date during february 2010 .\nduring february 2010 , the company rolled over $ 100 million in borrowings with an interest rate of 0.43% ( 0.43 % ) and a maturity date in may 2010 .\nlehman commercial paper inc .\nhas a $ 140 million participation under the 2007 facility ; however blackrock does not expect that lehman commercial paper inc .\nwill honor its commitment to fund additional amounts .\nbank of america , a related party , has a $ 140 million participation under the 2007 facility .\nin december 2007 , in order to support two enhanced cash funds that blackrock manages , blackrock elected to procure two letters of credit under the existing 2007 facility in an aggregate amount of $ 100 million .\nin decem- ber 2008 , the letters of credit were terminated .\ncommercial paper program on october 14 , 2009 , blackrock established a com- mercial paper program ( the 201ccp program 201d ) under which the company may issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 3 billion .\nthe proceeds of the commercial paper issuances were used for the financing of a portion of the bgi transaction .\nsubsidiaries of bank of america and barclays , as well as other third parties , act as dealers under the cp program .\nthe cp program is supported by the 2007 facility .\nthe company began issuance of cp notes under the cp program on november 4 , 2009 .\nas of december 31 , 2009 , blackrock had approximately $ 2 billion of out- standing cp notes with a weighted average interest rate of 0.20% ( 0.20 % ) and a weighted average maturity of 23 days .\nsince december 31 , 2009 , the company repaid approxi- mately $ 1.4 billion of cp notes with proceeds from the long-term notes issued in december 2009 .\nas of march 5 , 2010 , blackrock had $ 596 million of outstanding cp notes with a weighted average interest rate of 0.18% ( 0.18 % ) and a weighted average maturity of 38 days .\njapan commitment-line in june 2008 , blackrock japan co. , ltd. , a wholly owned subsidiary of the company , entered into a five billion japanese yen commitment-line agreement with a bank- ing institution ( the 201cjapan commitment-line 201d ) .\nthe term of the japan commitment-line was one year and interest accrued at the applicable japanese short-term prime rate .\nin june 2009 , blackrock japan co. , ltd .\nrenewed the japan commitment-line for a term of one year .\nthe japan commitment-line is intended to provide liquid- ity and flexibility for operating requirements in japan .\nat december 31 , 2009 , the company had no borrowings outstanding on the japan commitment-line .\nconvertible debentures in february 2005 , the company issued $ 250 million aggregate principal amount of convertible debentures ( the 201cdebentures 201d ) , due in 2035 and bearing interest at a rate of 2.625% ( 2.625 % ) per annum .\ninterest is payable semi- annually in arrears on february 15 and august 15 of each year , and commenced august 15 , 2005 .\nprior to february 15 , 2009 , the debentures could have been convertible at the option of the holder at a decem- ber 31 , 2008 conversion rate of 9.9639 shares of common stock per one dollar principal amount of debentures under certain circumstances .\nthe debentures would have been convertible into cash and , in some situations as described below , additional shares of the company 2019s common stock , if during the five business day period after any five consecutive trading day period the trading price per debenture for each day of such period is less than 103% ( 103 % ) of the product of the last reported sales price of blackrock 2019s common stock and the conversion rate of the debentures on each such day or upon the occurrence of certain other corporate events , such as a distribution to the holders of blackrock common stock of certain rights , assets or debt securities , if the company becomes party to a merger , consolidation or transfer of all or substantially all of its assets or a change of control of the company .\non february 15 , 2009 , the debentures became convertible into cash at any time prior to maturity at the option of the holder and , in some situations as described below , additional shares of the company 2019s common stock at the current conversion rate .\nat the time the debentures are tendered for conver- sion , for each one dollar principal amount of debentures converted , a holder shall be entitled to receive cash and shares of blackrock common stock , if any , the aggregate value of which ( the 201cconversion value 201d ) will be deter- mined by multiplying the applicable conversion rate by the average of the daily volume weighted average price of blackrock common stock for each of the ten consecutive trading days beginning on the second trading day imme- diately following the day the debentures are tendered for conversion ( the 201cten-day weighted average price 201d ) .\nthe company will deliver the conversion value to holders as follows : ( 1 ) an amount in cash ( the 201cprincipal return 201d ) equal to the lesser of ( a ) the aggregate conversion value of the debentures to be converted and ( b ) the aggregate principal amount of the debentures to be converted , and ( 2 ) if the aggregate conversion value of the debentures to be converted is greater than the principal return , an amount in shares ( the 201cnet shares 201d ) , determined as set forth below , equal to such aggregate conversion value less the principal return ( the 201cnet share amount 201d ) .\nthe number of net shares to be paid will be determined by dividing the net share amount by the ten-day weighted average price .\nin lieu of delivering fractional shares , the company will deliver cash based on the ten-day weighted average price .\nthe conversion rate for the debentures is subject to adjustments upon the occurrence of certain corporate events , such as a change of control of the company , 193253ti_txt.indd 96 4/2/10 1:18 pm .\n\nQuestion: what is the annual amortization expense related to bgi transaction of 2009 under a straight-line amortization method , in millions?",
        "solution": "16.3"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2008/page_212.pdf\n\nID: ETR/2008/page_212.pdf-4\n\nPrevious Text:\npart i item 1 entergy corporation , utility operating companies , and system energy louisiana parishes in which it holds non-exclusive franchises .\nentergy louisiana's electric franchises expire during 2009-2036 .\nentergy mississippi has received from the mpsc certificates of public convenience and necessity to provide electric service to areas within 45 counties , including a number of municipalities , in western mississippi .\nunder mississippi statutory law , such certificates are exclusive .\nentergy mississippi may continue to serve in such municipalities upon payment of a statutory franchise fee , regardless of whether an original municipal franchise is still in existence .\nentergy new orleans provides electric and gas service in the city of new orleans pursuant to city ordinances ( except electric service in algiers , which is provided by entergy louisiana ) .\nthese ordinances contain a continuing option for the city of new orleans to purchase entergy new orleans' electric and gas utility properties .\nentergy texas holds a certificate of convenience and necessity from the puct to provide electric service to areas within approximately 24 counties in eastern texas , and holds non-exclusive franchises to provide electric service in approximately 65 incorporated municipalities .\nentergy texas typically is granted 50-year franchises .\nentergy texas' electric franchises expire during 2009-2045 .\nthe business of system energy is limited to wholesale power sales .\nit has no distribution franchises .\nproperty 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 , 2008 , is indicated below: .\n\nTable Data:\n[['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', '4999', '1883', '1839', '1207', '70'], ['entergy gulf states louisiana', '3574', '2240', '971', '363', '-'], ['entergy louisiana', '5854', '4685', '1169', '-', '-'], ['entergy mississippi', '3224', '2804', '-', '420', '-'], ['entergy new orleans', '745', '745', '-', '-', '-'], ['entergy texas', '2543', '2274', '-', '269', '-'], ['system energy', '1139', '-', '1139', '-', '-'], ['total', '22078', '14631', '5118', '2259', '70']]\n\nFollowing Text:\n( 1 ) \"owned and leased capability\" 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 .\nthe entergy system's load and capacity projections are reviewed periodically to assess the need and timing for additional generating capacity and interconnections .\nthese reviews consider existing and projected demand , the availability and price of power , the location of new load , and the economy .\nsummer peak load in the entergy system service territory has averaged 21039 mw from 2002-2008 .\ndue to changing use patterns , peak load growth has nearly flattened while annual energy use continues to grow .\nin 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 .\nin this time period entergy met its capacity shortages almost entirely through short-term power purchases in the wholesale spot market .\nin 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 .\n\nQuestion: what percent of the total owned and leased capability is owned by entergy louisiana?",
        "solution": "26.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2010/page_117.pdf\n\nID: CB/2010/page_117.pdf-1\n\nPrevious Text:\ncredit facilities as our bermuda subsidiaries are not admitted insurers and reinsurers in the u.s. , the terms of certain u.s .\ninsurance and reinsurance contracts require them to provide collateral , which can be in the form of locs .\nin addition , ace global markets is required to satisfy certain u.s .\nregulatory trust fund requirements which can be met by the issuance of locs .\nlocs may also be used for general corporate purposes and to provide underwriting capacity as funds at lloyd 2019s .\nthe following table shows our main credit facilities by credit line , usage , and expiry date at december 31 , 2010 .\n( in millions of u.s .\ndollars ) credit line ( 1 ) usage expiry date .\n\nTable Data:\n[['( in millions of u.s . dollars )', 'creditline ( 1 )', 'usage', 'expiry date'], ['syndicated letter of credit facility', '$ 1000', '$ 574', 'nov . 2012'], ['revolving credit/loc facility ( 2 )', '500', '370', 'nov . 2012'], ['bilateral letter of credit facility', '500', '500', 'sept . 2014'], ['funds at lloyds 2019s capital facilities ( 3 )', '400', '340', 'dec . 2015'], ['total', '$ 2400', '$ 1784', '']]\n\nFollowing Text:\n( 1 ) certain facilities are guaranteed by operating subsidiaries and/or ace limited .\n( 2 ) may also be used for locs .\n( 3 ) supports ace global markets underwriting capacity for lloyd 2019s syndicate 2488 ( see discussion below ) .\nin november 2010 , we entered into four letter of credit facility agreements which collectively permit the issuance of up to $ 400 million of letters of credit .\nwe expect that most of the locs issued under the loc agreements will be used to support the ongoing funds at lloyd 2019s requirements of syndicate 2488 , but locs may also be used for other general corporate purposes .\nit is anticipated that our commercial facilities will be renewed on expiry but such renewals are subject to the availability of credit from banks utilized by ace .\nin the event that such credit support is insufficient , we could be required to provide alter- native security to clients .\nthis could take the form of additional insurance trusts supported by our investment portfolio or funds withheld using our cash resources .\nthe value of letters of credit required is driven by , among other things , statutory liabilities reported by variable annuity guarantee reinsurance clients , loss development of existing reserves , the payment pattern of such reserves , the expansion of business , and loss experience of such business .\nthe facilities in the table above require that we maintain certain covenants , all of which have been met at december 31 , 2010 .\nthese covenants include : ( i ) maintenance of a minimum consolidated net worth in an amount not less than the 201cminimum amount 201d .\nfor the purpose of this calculation , the minimum amount is an amount equal to the sum of the base amount ( currently $ 13.8 billion ) plus 25 percent of consolidated net income for each fiscal quarter , ending after the date on which the current base amount became effective , plus 50 percent of any increase in consolidated net worth during the same period , attributable to the issuance of common and preferred shares .\nthe minimum amount is subject to an annual reset provision .\n( ii ) maintenance of a maximum debt to total capitalization ratio of not greater than 0.35 to 1 .\nunder this covenant , debt does not include trust preferred securities or mezzanine equity , except where the ratio of the sum of trust preferred securities and mezzanine equity to total capitalization is greater than 15 percent .\nin this circumstance , the amount greater than 15 percent would be included in the debt to total capitalization ratio .\nat december 31 , 2010 , ( a ) the minimum consolidated net worth requirement under the covenant described in ( i ) above was $ 14.5 billion and our actual consolidated net worth as calculated under that covenant was $ 21.6 billion and ( b ) our ratio of debt to total capitalization was 0.167 to 1 , which is below the maximum debt to total capitalization ratio of 0.35 to 1 as described in ( ii ) above .\nour failure to comply with the covenants under any credit facility would , subject to grace periods in the case of certain covenants , result in an event of default .\nthis could require us to repay any outstanding borrowings or to cash collateralize locs under such facility .\na failure by ace limited ( or any of its subsidiaries ) to pay an obligation due for an amount exceeding $ 50 million would result in an event of default under all of the facilities described above .\nratings ace limited and its subsidiaries are assigned debt and financial strength ( insurance ) ratings from internationally recognized rating agencies , including s&p , a.m .\nbest , moody 2019s investors service , and fitch .\nthe ratings issued on our companies by these agencies are announced publicly and are available directly from the agencies .\nour internet site , www.acegroup.com .\n\nQuestion: in 2010 what was the percent of the credit utilization",
        "solution": "74.33%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2005/page_83.pdf\n\nID: AMT/2005/page_83.pdf-1\n\nPrevious Text:\namerican tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) operations , net , in the accompanying consolidated statements of operations for the year ended december 31 , 2003 .\n( see note 9. ) other transactions 2014in august 2003 , the company consummated the sale of galaxy engineering ( galaxy ) , a radio frequency engineering , network design and tower-related consulting business ( previously included in the company 2019s network development services segment ) .\nthe purchase price of approximately $ 3.5 million included $ 2.0 million in cash , which the company received at closing , and an additional $ 1.5 million payable on january 15 , 2008 , or at an earlier date based on the future revenues of galaxy .\nthe company received $ 0.5 million of this amount in january 2005 .\npursuant to this transaction , the company recorded a net loss on disposal of approximately $ 2.4 million in the accompanying consolidated statement of operations for the year ended december 31 , 2003 .\nin may 2003 , the company consummated the sale of an office building in westwood , massachusetts ( previously held primarily as rental property and included in the company 2019s rental and management segment ) for a purchase price of approximately $ 18.5 million , including $ 2.4 million of cash proceeds and the buyer 2019s assumption of $ 16.1 million of related mortgage notes .\npursuant to this transaction , the company recorded a net loss on disposal of approximately $ 3.6 million in the accompanying consolidated statement of operations for the year ended december 31 , 2003 .\nin january 2003 , the company consummated the sale of flash technologies , its remaining components business ( previously included in the company 2019s network development services segment ) for approximately $ 35.5 million in cash and has recorded a net gain on disposal of approximately $ 0.1 million in the accompanying consolidated statement of operations for the year ended december 31 , 2003 .\nin march 2003 , the company consummated the sale of an office building in schaumburg , illinois ( previously held primarily as rental property and included in the company 2019s rental and management segment ) for net proceeds of approximately $ 10.3 million in cash and recorded a net loss on disposal of $ 0.1 million in the accompanying consolidated statement of operations for the year ended december 31 , 2003 .\n4 .\nproperty and equipment property and equipment ( including assets held under capital leases ) consist of the following as of december 31 , ( in thousands ) : .\n\nTable Data:\n[['', '2005', '2004'], ['towers', '$ 4134155', '$ 2788162'], ['equipment', '167504', '115244'], ['buildings and improvements', '184951', '162120'], ['land and improvements', '215974', '176937'], ['construction-in-progress', '36991', '27866'], ['total', '4739575', '3270329'], ['less accumulated depreciation and amortization', '-1279049 ( 1279049 )', '-996973 ( 996973 )'], ['property and equipment net', '$ 3460526', '$ 2273356']]\n\nFollowing Text:\n5 .\ngoodwill and other intangible assets the company 2019s net carrying amount of goodwill was approximately $ 2.1 billion as of december 312005 and $ 592.7 million as of december 31 , 2004 , all of which related to its rental and management segment .\nthe increase in the carrying value was as a result of the goodwill of $ 1.5 billion acquired in the merger with spectrasite , inc .\n( see note 2. ) .\n\nQuestion: what was the percentage increase in the property and equipment net from 2004 to 2005",
        "solution": "52.2%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2018/page_23.pdf\n\nID: AAPL/2018/page_23.pdf-2\n\nPrevious Text:\napple inc .\n| 2018 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend-reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index for the five years ended september 29 , 2018 .\nthe graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s .\ntechnology supersector index as of the market close on september 27 , 2013 .\nnote that historic stock price performance is not necessarily indicative of future stock price performance .\n* $ 100 invested on september 27 , 2013 in stock or index , including reinvestment of dividends .\ndata points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes .\ncopyright a9 2018 standard & poor 2019s , a division of s&p global .\nall rights reserved .\ncopyright a9 2018 s&p dow jones indices llc , a division of s&p global .\nall rights reserved .\nseptember september september september september september .\n\nTable Data:\n[['', 'september2013', 'september2014', 'september2015', 'september2016', 'september2017', 'september2018'], ['apple inc .', '$ 100', '$ 149', '$ 173', '$ 174', '$ 242', '$ 359'], ['s&p 500 index', '$ 100', '$ 120', '$ 119', '$ 137', '$ 163', '$ 192'], ['s&p information technology index', '$ 100', '$ 129', '$ 132', '$ 162', '$ 209', '$ 275'], ['dow jones u.s . technology supersector index', '$ 100', '$ 130', '$ 130', '$ 159', '$ 203', '$ 266']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage cumulative total return for apple inc . for the five year period ended september 2018?",
        "solution": "259%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: RSG/2012/page_145.pdf\n\nID: RSG/2012/page_145.pdf-2\n\nPrevious Text:\nrepublic services , inc .\nnotes to consolidated financial statements 2014 ( continued ) the letters of credit use $ 909.4 million and $ 950.2 million as of december 31 , 2012 and 2011 , respectively , of availability under our credit facilities .\nsurety bonds expire on various dates through 2026 .\nthese financial instruments are issued in the normal course of business and are not debt .\nbecause we currently have no liability for this financial assurance , it is not reflected in our consolidated balance sheets .\nhowever , we have recorded capping , closure and post-closure obligations and self-insurance reserves as they are incurred .\nthe underlying financial assurance obligations , in excess of those already reflected in our consolidated balance sheets , would be recorded if it is probable that we would be unable to fulfill our related obligations .\nwe do not expect this to occur .\nour restricted cash and marketable securities deposits include , among other things , restricted cash and marketable securities held for capital expenditures under certain debt facilities , and restricted cash and marketable securities pledged to regulatory agencies and governmental entities as financial guarantees of our performance related to our final capping , closure and post-closure obligations at our landfills .\nthe following table summarizes our restricted cash and marketable securities as of december 31: .\n\nTable Data:\n[['', '2012', '2011'], ['financing proceeds', '$ 24.7', '$ 22.5'], ['capping closure and post-closure obligations', '54.8', '54.9'], ['self-insurance', '81.3', '75.2'], ['other', '3.4', '37.0'], ['total restricted cash and marketable securities', '$ 164.2', '$ 189.6']]\n\nFollowing Text:\nwe own a 19.9% ( 19.9 % ) interest in a company that , among other activities , issues financial surety bonds to secure capping , closure and post-closure obligations for companies operating in the solid waste industry .\nwe account for this investment under the cost method of accounting .\nthere have been no identified events or changes in circumstances that may have a significant adverse effect on the recoverability of the investment .\nthis investee company and the parent company of the investee had written surety bonds for us relating primarily to our landfill operations for capping , closure and post-closure , of which $ 1152.1 million was outstanding as of december 31 , 2012 .\nour reimbursement obligations under these bonds are secured by an indemnity agreement with the investee and letters of credit totaling $ 23.4 million and $ 45.0 million as of december 31 , 2012 and 2011 .\noff-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and the financial assurances discussed above , which are not classified as debt .\nwe have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations .\nwe have not guaranteed any third-party debt .\nguarantees we enter into contracts in the normal course of business that include indemnification clauses .\nindemnifications relating to known liabilities are recorded in the consolidated financial statements based on our best estimate of required future payments .\ncertain of these indemnifications relate to contingent events or occurrences , such as the imposition of additional taxes due to a change in the tax law or adverse interpretation of the tax law , and indemnifications made in divestiture agreements where we indemnify the buyer for liabilities that relate to our activities prior to the divestiture and that may become known in the future .\nwe do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows. .\n\nQuestion: ar december 31 , 2012 what was the ratio of the surety bond to the reimbursement obligation under the surety bonds",
        "solution": "49.2"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GIS/2019/page_38.pdf\n\nID: GIS/2019/page_38.pdf-1\n\nPrevious Text:\nvaluation of long-lived assets we estimate the useful lives of long-lived assets and make estimates concerning undiscounted cash flows to review for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset ( or asset group ) may not be recoverable .\nfair value is measured using discounted cash flows or independent appraisals , as appropriate .\nintangible assets goodwill and other indefinite-lived intangible assets are not subject to amortization and are tested for impairment annually and whenever events or changes in circumstances indicate that impairment may have occurred .\nour estimates of fair value for goodwill impairment testing are determined based on a discounted cash flow model .\nwe use inputs from our long-range planning process to determine growth rates for sales and profits .\nwe also make estimates of discount rates , perpetuity growth assumptions , market comparables , and other factors .\nwe evaluate the useful lives of our other intangible assets , mainly brands , to determine if they are finite or indefinite-lived .\nreaching a determination on useful life requires significant judgments and assumptions regarding the future effects of obsolescence , demand , competition , other economic factors ( such as the stability of the industry , known technological advances , legislative action that results in an uncertain or changing regulatory environment , and expected changes in distribution channels ) , the level of required maintenance expenditures , and the expected lives of other related groups of assets .\nintangible assets that are deemed to have definite lives are amortized on a straight-line basis , over their useful lives , generally ranging from 4 to 30 years .\nour estimate of the fair value of our brand assets is based on a discounted cash flow model using inputs which include projected revenues from our long-range plan , assumed royalty rates that could be payable if we did not own the brands , and a discount rate .\nas of may 26 , 2019 , we had $ 20.6 billion of goodwill and indefinite-lived intangible assets .\nwhile we currently believe that the fair value of each intangible exceeds its carrying value and that those intangibles so classified will contribute indefinitely to our cash flows , materially different assumptions regarding future performance of our businesses or a different weighted-average cost of capital could result in material impairment losses and amortization expense .\nwe performed our fiscal 2019 assessment of our intangible assets as of the first day of the second quarter of fiscal 2019 .\nas a result of lower sales projections in our long-range plans for the businesses supporting the progresso , food should taste good , and mountain high brand intangible assets , we recorded the following impairment charges : in millions impairment charge fair value nov .\n25 , 2018 progresso $ 132.1 $ 330.0 food should taste good 45.1 - mountain high 15.4 - .\n\nTable Data:\n[['in millions', 'impairment charge', 'fair value as of nov . 25 2018'], ['progresso', '$ 132.1', '$ 330.0'], ['food should taste good', '45.1', '-'], ['mountain high', '15.4', '-'], ['total', '$ 192.6', '$ 330.0']]\n\nFollowing Text:\nsignificant assumptions used in that assessment included our long-range cash flow projections for the businesses , royalty rates , weighted-average cost of capital rates , and tax rates. .\n\nQuestion: what was the total value of progresso before the impairment charge?",
        "solution": "462.1"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CDNS/2007/page_30.pdf\n\nID: CDNS/2007/page_30.pdf-2\n\nPrevious Text:\nthe graph below matches cadence design systems , inc . 2019s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index , the s&p information technology index , and the nasdaq composite index .\nthe graph assumes that the value of the investment in our common stock , and in each index ( including reinvestment of dividends ) was $ 100 on december 28 , 2002 and tracks it through december 29 , 2007 .\ncomparison of 5 year cumulative total return* among cadence design systems , inc. , the s&p 500 index , the nasdaq composite index and the s&p information technology index 12/29/0712/30/0612/31/051/1/051/3/0412/28/02 cadence design systems , inc .\nnasdaq composite s & p information technology s & p 500 * $ 100 invested on 12/28/02 in stock or on 12/31/02 in index-including reinvestment of dividends .\nindexes calculated on month-end basis .\ncopyright b7 2007 , standard & poor 2019s , a division of the mcgraw-hill companies , inc .\nall rights reserved .\nwww.researchdatagroup.com/s&p.htm .\n\nTable Data:\n[['', '12/28/02', '1/3/04', '1/1/05', '12/31/05', '12/30/06', '12/29/07'], ['cadence design systems inc .', '100.00', '149.92', '113.38', '138.92', '147.04', '139.82'], ['s & p 500', '100.00', '128.68', '142.69', '149.70', '173.34', '182.87'], ['nasdaq composite', '100.00', '149.75', '164.64', '168.60', '187.83', '205.22'], ['s & p information technology', '100.00', '147.23', '150.99', '152.49', '165.32', '192.28']]\n\nFollowing Text:\nthe stock price performance included in this graph is not necessarily indicative of future stock price performance .\n\nQuestion: what is the roi of an investment in s&p500 from 2006 to 2007?",
        "solution": "5.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: UNP/2008/page_32.pdf\n\nID: UNP/2008/page_32.pdf-1\n\nPrevious Text:\nvolume declines in cement , some agricultural products , and newsprint shipments partially offset the increases .\noperating expenses millions of dollars 2008 2007 2006 % (  % ) change 2008 v 2007 % (  % ) change 2007 v 2006 .\n\nTable Data:\n[['millions of dollars', '2008', '2007', '2006', '% (  % ) change 2008 v 2007', '% (  % ) change 2007 v 2006'], ['compensation and benefits', '$ 4457', '$ 4526', '$ 4535', '( 2 ) % (  % )', '-% ( - % )'], ['fuel', '3983', '3104', '2968', '28', '5'], ['purchased services and materials', '1902', '1856', '1756', '2', '6'], ['depreciation', '1387', '1321', '1237', '5', '7'], ['equipment and other rents', '1326', '1368', '1396', '-3 ( 3 )', '-2 ( 2 )'], ['other', '840', '733', '802', '15', '-9 ( 9 )'], ['total', '$ 13895', '$ 12908', '$ 12694', '8 % (  % )', '2% ( 2 % )']]\n\nFollowing Text:\noperating expenses increased $ 987 million in 2008 .\nour fuel price per gallon rose 39% ( 39 % ) during the year , increasing operating expenses by $ 1.1 billion compared to 2007 .\nwage , benefit , and materials inflation , higher depreciation , and costs associated with the january cascade mudslide and hurricanes gustav and ike also increased expenses during the year .\ncost savings from productivity improvements , better resource utilization , and lower volume helped offset these increases .\noperating expenses increased $ 214 million in 2007 versus 2006 .\nhigher fuel prices , which rose 9% ( 9 % ) during the period , increased operating expenses by $ 242 million .\nwage , benefit and materials inflation and higher depreciation expense also increased expenses during the year .\nproductivity improvements , better resource utilization , and a lower fuel consumption rate helped offset these increases .\ncompensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs .\nproductivity initiatives in all areas , combined with lower volume , led to a 4% ( 4 % ) decline in our workforce for 2008 , saving $ 227 million compared to 2007 .\nconversely , general wage and benefit inflation and higher pension and postretirement benefits increased expenses in 2008 , partially offsetting these reductions .\noperational improvements and lower volume levels in 2007 led to a 1% ( 1 % ) decline in our workforce , saving $ 79 million in 2007 compared to 2006 .\na smaller workforce and less need for new train personnel reduced training costs during the year , which contributed to the improvement .\ngeneral wage and benefit inflation mostly offset the reductions , reflecting higher salaries and wages and the impact of higher healthcare and other benefit costs .\nfuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment .\ndiesel fuel prices , which averaged $ 3.15 per gallon ( including taxes and transportation costs ) in 2008 compared to $ 2.27 per gallon in 2007 , increased expenses by $ 1.1 billion .\na 4% ( 4 % ) improvement in our fuel consumption rate resulted in $ 136 million of cost savings due to the use of newer , more fuel 2008 operating expenses .\n\nQuestion: what percent of total operating expenses was fuel in 2007?",
        "solution": "24%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: DISCA/2017/page_41.pdf\n\nID: DISCA/2017/page_41.pdf-3\n\nPrevious Text:\npart ii item 5 .\nmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .\nour series a common stock , series b common stock and series c common stock are listed and traded on the nasdaq global select market ( 201cnasdaq 201d ) under the symbols 201cdisca , 201d 201cdiscb 201d and 201cdisck , 201d respectively .\nthe following table sets forth , for the periods indicated , the range of high and low sales prices per share of our series a common stock , series b common stock and series c common stock as reported on yahoo! finance ( finance.yahoo.com ) .\nseries a common stock series b common stock series c common stock high low high low high low fourth quarter $ 23.73 $ 16.28 $ 26.80 $ 20.00 $ 22.47 $ 15.27 third quarter $ 27.18 $ 20.80 $ 27.90 $ 22.00 $ 26.21 $ 19.62 second quarter $ 29.40 $ 25.11 $ 29.55 $ 25.45 $ 28.90 $ 24.39 first quarter $ 29.62 $ 26.34 $ 29.65 $ 27.55 $ 28.87 $ 25.76 fourth quarter $ 29.55 $ 25.01 $ 30.50 $ 26.00 $ 28.66 $ 24.20 third quarter $ 26.97 $ 24.27 $ 28.00 $ 25.21 $ 26.31 $ 23.44 second quarter $ 29.31 $ 23.73 $ 29.34 $ 24.15 $ 28.48 $ 22.54 first quarter $ 29.42 $ 24.33 $ 29.34 $ 24.30 $ 28.00 $ 23.81 as of february 21 , 2018 , there were approximately 1308 , 75 and 1414 record holders of our series a common stock , series b common stock and series c common stock , respectively .\nthese amounts do not include the number of shareholders whose shares are held of record by banks , brokerage houses or other institutions , but include each such institution as one shareholder .\nwe have not paid any cash dividends on our series a common stock , series b common stock or series c common stock , and we have no present intention to do so .\npayment of cash dividends , if any , will be determined by our board of directors after consideration of our earnings , financial condition and other relevant factors such as our credit facility's restrictions on our ability to declare dividends in certain situations .\npurchases of equity securities the following table presents information about our repurchases of common stock that were made through open market transactions during the three months ended december 31 , 2017 ( in millions , except per share amounts ) .\nperiod total number of series c shares purchased average paid per share : series c ( a ) total number of shares purchased as part of publicly announced plans or programs ( b ) ( c ) approximate dollar value of shares that may yet be purchased under the plans or programs ( a ) ( b ) october 1 , 2017 - october 31 , 2017 2014 $ 2014 2014 $ 2014 november 1 , 2017 - november 30 , 2017 2014 $ 2014 2014 $ 2014 december 1 , 2017 - december 31 , 2017 2014 $ 2014 2014 $ 2014 total 2014 2014 $ 2014 ( a ) the amounts do not give effect to any fees , commissions or other costs associated with repurchases of shares .\n( b ) under the stock repurchase program , management was authorized to purchase shares of the company's common stock from time to time through open market purchases or privately negotiated transactions at prevailing prices or pursuant to one or more accelerated stock repurchase agreements or other derivative arrangements as permitted by securities laws and other legal requirements , and subject to stock price , business and market conditions and other factors .\nthe company's authorization under the program expired on october 8 , 2017 and we have not repurchased any shares of common stock since then .\nwe historically have funded and in the future may fund stock repurchases through a combination of cash on hand and cash generated by operations and the issuance of debt .\nin the future , if further authorization is provided , we may also choose to fund stock repurchases through borrowings under our revolving credit facility or future financing transactions .\nthere were no repurchases of our series a and b common stock during 2017 and no repurchases of series c common stock during the three months ended december 31 , 2017 .\nthe company first announced its stock repurchase program on august 3 , 2010 .\n( c ) we entered into an agreement with advance/newhouse to repurchase , on a quarterly basis , a number of shares of series c-1 convertible preferred stock convertible into a number of shares of series c common stock .\nwe did not convert any any shares of series c-1 convertible preferred stock during the three months ended december 31 , 2017 .\nthere are no planned repurchases of series c-1 convertible preferred stock for the first quarter of 2018 as there were no repurchases of series a or series c common stock during the three months ended december 31 , 2017 .\nstock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc. , time warner , inc. , twenty-first century fox , inc .\nclass a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc .\nclass b common stock and the walt disney company .\nthe graph assumes $ 100 originally invested on december 31 , 2012 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2013 , 2014 , 2015 , 2016 and 2017 .\ndecember 31 , december 31 , december 31 , december 31 , december 31 , december 31 .\n\nTable Data:\n[['', 'december 312012', 'december 312013', 'december 312014', 'december 312015', 'december 312016', 'december 312017'], ['disca', '$ 100.00', '$ 139.42', '$ 106.23', '$ 82.27', '$ 84.53', '$ 69.01'], ['discb', '$ 100.00', '$ 144.61', '$ 116.45', '$ 85.03', '$ 91.70', '$ 78.01'], ['disck', '$ 100.00', '$ 143.35', '$ 115.28', '$ 86.22', '$ 91.56', '$ 72.38'], ['s&p 500', '$ 100.00', '$ 129.60', '$ 144.36', '$ 143.31', '$ 156.98', '$ 187.47'], ['peer group', '$ 100.00', '$ 163.16', '$ 186.87', '$ 180.10', '$ 200.65', '$ 208.79']]\n\nFollowing Text:\n.\n\nQuestion: what was the percentage cumulative total shareholder return on disca common stock for the five year period ended december 31 , 2017?",
        "solution": "-30.99%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: CB/2008/page_243.pdf\n\nID: CB/2008/page_243.pdf-2\n\nPrevious Text:\ns c h e d u l e i v ( continued ) ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2008 , 2007 , and 2006 ( in millions of u.s .\ndollars ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to .\n\nTable Data:\n[['for the years ended december 31 2008 2007 and 2006 ( in millions of u.s . dollars )', 'direct amount', 'ceded to other companies', 'assumed from other companies', 'net amount', 'percentage of amount assumed to net'], ['2008', '$ 16087', '$ 6144', '$ 3260', '$ 13203', '25% ( 25 % )'], ['2007', '$ 14673', '$ 5834', '$ 3458', '$ 12297', '28% ( 28 % )'], ['2006', '$ 13562', '$ 5198', '$ 3461', '$ 11825', '29% ( 29 % )']]\n\nFollowing Text:\n.\n\nQuestion: what is the percentage of amount ceded to direct amount in 2007?",
        "solution": "39.8%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AAPL/2012/page_71.pdf\n\nID: AAPL/2012/page_71.pdf-2\n\nPrevious Text:\nother off-balance sheet commitments lease commitments the company leases various equipment and facilities , including retail space , under noncancelable operating lease arrangements .\nthe company does not currently utilize any other off-balance sheet financing arrangements .\nthe major facility leases are typically for terms not exceeding 10 years and generally provide renewal options for terms not exceeding five additional years .\nleases 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 .\nas of september 29 , 2012 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 4.4 billion , of which $ 3.1 billion related to leases for retail space .\nrent expense under all operating leases , including both cancelable and noncancelable leases , was $ 488 million , $ 338 million and $ 271 million in 2012 , 2011 and 2010 , respectively .\nfuture minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 29 , 2012 , are as follows ( in millions ) : .\n\nTable Data:\n[['2013', '$ 516'], ['2014', '556'], ['2015', '542'], ['2016', '513'], ['2017', '486'], ['thereafter', '1801'], ['total minimum lease payments', '$ 4414']]\n\nFollowing Text:\nother commitments as of september 29 , 2012 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 21.1 billion .\nin addition to the off-balance sheet commitments mentioned above , the company had outstanding obligations of $ 988 million as of september 29 , 2012 , which were comprised mainly of commitments to acquire capital assets , including product tooling and manufacturing process equipment , and commitments related to advertising , research and development , internet and telecommunications services and other obligations .\ncontingencies the company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and have not been fully adjudicated , certain of which are discussed in part i , item 3 of this form 10-k under the heading 201clegal proceedings 201d and in part i , item 1a of this form 10-k under the heading 201crisk factors . 201d in the opinion of management , there was not at least a reasonable possibility the company may have incurred a material loss , or a material loss in excess of a recorded accrual , with respect to loss contingencies .\nhowever , the outcome of litigation is inherently uncertain .\ntherefore , although management considers the likelihood of such an outcome to be remote , if one or more of these legal matters were resolved against the company in a reporting period for amounts in excess of management 2019s expectations , the company 2019s consolidated financial statements for that reporting period could be materially adversely affected .\napple inc .\nvs samsung electronics co. , ltd , et al .\non august 24 , 2012 , a jury returned a verdict awarding the company $ 1.05 billion in its lawsuit against samsung electronics and affiliated parties in the united states district court , northern district of california , san jose division .\nbecause the award is subject to entry of final judgment and may be subject to appeal , the company has not recognized the award in its consolidated financial statements for the year ended september 29 , 2012. .\n\nQuestion: what was the percentage change in rent expense under operating leases from 2010 to 2011?",
        "solution": "25%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: PNC/2014/page_84.pdf\n\nID: PNC/2014/page_84.pdf-1\n\nPrevious Text:\nthe discount rate used to measure pension obligations is determined by comparing the expected future benefits that will be paid under the plan with yields available on high quality corporate bonds of similar duration .\nthe impact on pension expense of a .5% ( .5 % ) decrease in discount rate in the current environment is an increase of $ 18 million per year .\nthis sensitivity depends on the economic environment and amount of unrecognized actuarial gains or losses on the measurement date .\nthe expected long-term return on assets assumption also has a significant effect on pension expense .\nthe expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plan and the asset allocation policy currently in place .\nfor purposes of setting and reviewing this assumption , 201clong term 201d refers to the period over which the plan 2019s projected benefit obligations will be disbursed .\nwe review this assumption at each measurement date and adjust it if warranted .\nour selection process references certain historical data and the current environment , but primarily utilizes qualitative judgment regarding future return expectations .\nto evaluate the continued reasonableness of our assumption , we examine a variety of viewpoints and data .\nvarious studies have shown that portfolios comprised primarily of u.s .\nequity securities have historically returned approximately 9% ( 9 % ) annually over long periods of time , while u.s .\ndebt securities have returned approximately 6% ( 6 % ) annually over long periods .\napplication of these historical returns to the plan 2019s allocation ranges for equities and bonds produces a result between 6.50% ( 6.50 % ) and 7.25% ( 7.25 % ) and is one point of reference , among many other factors , that is taken into consideration .\nwe also examine the plan 2019s actual historical returns over various periods and consider the current economic environment .\nrecent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns .\nwhile annual returns can vary significantly ( actual returns for 2014 , 2013 and 2012 were +6.50% ( +6.50 % ) , +15.48% ( +15.48 % ) , and +15.29% ( +15.29 % ) , respectively ) , the selected assumption represents our estimated long-term average prospective returns .\nacknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from others .\nin all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date .\ntaking into consideration all of these factors , the expected long-term return on plan assets for determining net periodic pension cost for 2014 was 7.00% ( 7.00 % ) , down from 7.50% ( 7.50 % ) for 2013 .\nafter considering the views of both internal and external capital market advisors , particularly with regard to the effects of the recent economic environment on long-term prospective fixed income returns , we are reducing our expected long-term return on assets to 6.75% ( 6.75 % ) for determining pension cost for under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods .\neach one percentage point difference in actual return compared with our expected return can cause expense in subsequent years to increase or decrease by up to $ 9 million as the impact is amortized into results of operations .\nwe currently estimate pretax pension expense of $ 9 million in 2015 compared with pretax income of $ 7 million in 2014 .\nthis year-over-year expected increase in expense reflects the effects of the lower expected return on asset assumption , improved mortality , and the lower discount rate required to be used in 2015 .\nthese factors will be partially offset by the favorable impact of the increase in plan assets at december 31 , 2014 and the assumed return on a $ 200 million voluntary contribution to the plan made in february 2015 .\nthe table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2015 estimated expense as a baseline .\ntable 26 : pension expense 2013 sensitivity analysis change in assumption ( a ) estimated increase/ ( decrease ) to 2015 pension expense ( in millions ) .\n\nTable Data:\n[['change in assumption ( a )', 'estimatedincrease/ ( decrease ) to 2015pensionexpense ( in millions )'], ['.5% ( .5 % ) decrease in discount rate', '$ 18'], ['.5% ( .5 % ) decrease in expected long-term return on assets', '$ 22'], ['.5% ( .5 % ) increase in compensation rate', '$ 2']]\n\nFollowing Text:\n( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant .\nour pension plan contribution requirements are not particularly sensitive to actuarial assumptions .\ninvestment performance has the most impact on contribution requirements and will drive the amount of required contributions in future years .\nalso , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan .\nnotwithstanding the voluntary contribution made in february 2015 noted above , we do not expect to be required to make any contributions to the plan during 2015 .\nwe maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees , which are described more fully in note 13 employee benefit plans in the notes to consolidated financial statements in item 8 of this report .\n66 the pnc financial services group , inc .\n2013 form 10-k .\n\nQuestion: for pension expense , does a .5% ( .5 % ) decrease in expected long-term return on assets have a greater impact than a .5% ( .5 % ) increase in compensation rate?",
        "solution": "yes"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: AMT/2005/page_32.pdf\n\nID: AMT/2005/page_32.pdf-3\n\nPrevious Text:\ndiscussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014 factors affecting sources of liquidity . 201d recent sales of unregistered securities during the year ended december 31 , 2005 , we issued an aggregate of 4670335 shares of our class a common stock upon conversion of $ 57.1 million principal amount of our 3.25% ( 3.25 % ) notes .\npursuant to the terms of the indenture , the holders of the 3.25% ( 3.25 % ) notes received 81.808 shares of class a common stock for every $ 1000 principal amount of notes converted .\nthe shares were issued to the noteholders in reliance on the exemption from registration set forth in section 3 ( a ) ( 9 ) of the securities act of 1933 , as amended .\nno underwriters were engaged in connection with such issuances .\nin connection with the conversion , we paid such holders an aggregate of $ 4.9 million , calculated based on the accrued and unpaid interest on the notes and the discounted value of the future interest payments on the notes .\nsubsequent to december 31 , 2005 , we issued shares of class a common stock upon conversions of additional 3.25% ( 3.25 % ) notes , as set forth in item 9b of this annual report under the caption 201cother information . 201d during the year ended december 31 , 2005 , we issued an aggregate of 398412 shares of our class a common stock upon exercises of 55729 warrants assumed in our merger with spectrasite , inc .\nin august 2005 , in connection with our merger with spectrasite , inc. , we assumed approximately 1.0 million warrants to purchase shares of spectrasite , inc .\ncommon stock .\nupon completion of the merger , each warrant to purchase shares of spectrasite , inc .\ncommon stock automatically converted into a warrant to purchase 7.15 shares of class a common stock at an exercise price of $ 32 per warrant .\nnet proceeds from these warrant exercises were approximately $ 1.8 million .\nthe shares of class a common stock issued to the warrantholders upon exercise of the warrants were issued in reliance on the exemption from registration set forth in section 3 ( a ) ( 9 ) of the securities act of 1933 , as amended .\nno underwriters were engaged in connection with such issuances .\nsubsequent to december 31 , 2005 , we issued shares of class a common stock upon exercises of additional warrants , as set forth in item 9b of this annual report under the caption 201cother information . 201d issuer purchases of equity securities in november 2005 , we announced that our board of directors had approved a stock repurchase program pursuant to which we intend to repurchase up to $ 750.0 million of our class a common stock through december 2006 .\nduring the fourth quarter of 2005 , we repurchased 2836519 shares of our class a common stock for an aggregate of $ 76.6 million pursuant to our stock repurchase program , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) .\n\nTable Data:\n[['period', 'total number of shares purchased ( 1 )', 'average price paid per share', 'total number of shares purchased as part of publicly announced plans or programs ( 1 )', 'approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions )'], ['11/17/05 2013 11/30/05', '874306', '$ 26.25', '874306', '$ 727.0'], ['12/1/05 2013 12/31/05', '1962213', '$ 27.29', '1962213', '$ 673.4'], ['total fourth quarter', '2836519', '$ 26.97', '2836519', '$ 673.4']]\n\nFollowing Text:\n( 1 ) all issuer repurchases were made pursuant to the stock repurchase program publicly announced in november 2005 .\npursuant to the program , we intend to repurchase up to $ 750.0 million of our class a common stock during the period november 2005 through december 2006 .\nunder the program , our management is authorized to purchase shares from time to time in open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors .\nto facilitate repurchases , we entered into a trading plan under rule 10b5-1 of the securities exchange act of 1934 , which allows us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self- imposed trading blackout periods .\nthe program may be discontinued at any time .\nsince december 31 , 2005 , we have continued to repurchase shares of our class a common stock pursuant to our stock repurchase program .\nbetween january 1 , 2006 and march 9 , 2006 , we repurchased 3.9 million shares of class a common stock for an aggregate of $ 117.4 million pursuant to the stock repurchase program. .\n\nQuestion: what is the total amount of cash used for stock repurchase during december 2005 , in millions?",
        "solution": "53.5"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ETR/2016/page_444.pdf\n\nID: ETR/2016/page_444.pdf-1\n\nPrevious Text:\nsystem energy resources , inc .\nmanagement 2019s financial discussion and analysis also in addition to the contractual obligations , system energy has $ 382.3 million of unrecognized tax benefits and interest net of unused tax attributes and payments for which the timing of payments beyond 12 months cannot be reasonably estimated due to uncertainties in the timing of effective settlement of tax positions .\nsee note 3 to the financial statements for additional information regarding unrecognized tax benefits .\nin addition to routine spending to maintain operations , the planned capital investment estimate includes specific investments and initiatives such as the nuclear fleet operational excellence initiative , as discussed below in 201cnuclear matters , 201d and plant improvements .\nas a wholly-owned subsidiary , system energy dividends its earnings to entergy corporation at a percentage determined monthly .\nsources of capital system energy 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt issuances ; and 2022 bank financing under new or existing facilities .\nsystem energy may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable .\nall debt and common stock issuances by system energy require prior regulatory approval .\ndebt issuances are also subject to issuance tests set forth in its bond indentures and other agreements .\nsystem energy has sufficient capacity under these tests to meet its foreseeable capital needs .\nsystem energy 2019s receivables from the money pool were as follows as of december 31 for each of the following years. .\n\nTable Data:\n[['2016', '2015', '2014', '2013'], ['( in thousands )', '( in thousands )', '( in thousands )', '( in thousands )'], ['$ 33809', '$ 39926', '$ 2373', '$ 9223']]\n\nFollowing Text:\nsee note 4 to the financial statements for a description of the money pool .\nthe system energy nuclear fuel company variable interest entity has a credit facility in the amount of $ 120 million scheduled to expire in may 2019 .\nas of december 31 , 2016 , $ 66.9 million in letters of credit were outstanding under the credit facility to support a like amount of commercial paper issued by the system energy nuclear fuel company variable interest entity .\nsee note 4 to the financial statements for additional discussion of the variable interest entity credit facility .\nsystem energy obtained authorizations from the ferc through october 2017 for the following : 2022 short-term borrowings not to exceed an aggregate amount of $ 200 million at any time outstanding ; 2022 long-term borrowings and security issuances ; and 2022 long-term borrowings by its nuclear fuel company variable interest entity .\nsee note 4 to the financial statements for further discussion of system energy 2019s short-term borrowing limits. .\n\nQuestion: what is the percentage change in the system energy 2019s receivables from the money pool from 2015 to 2016?",
        "solution": "-15.3%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2012/page_113.pdf\n\nID: ADBE/2012/page_113.pdf-2\n\nPrevious Text:\nthe following table sets forth the components of foreign currency translation adjustments for fiscal 2012 , 2011 and 2010 ( in thousands ) : .\n\nTable Data:\n[['', '2012', '2011', '2010'], ['beginning balance', '$ 10580', '$ 7632', '$ 10640'], ['foreign currency translation adjustments', '-2225 ( 2225 )', '5156', '-4144 ( 4144 )'], ['income tax effect relating to translation adjustments forundistributed foreign earnings', '1314', '-2208 ( 2208 )', '1136'], ['ending balance', '$ 9669', '$ 10580', '$ 7632']]\n\nFollowing Text:\nstock repurchase program to facilitate our stock repurchase program , designed to return value to our stockholders and minimize dilution from stock issuances , we repurchase shares in the open market and also enter into structured repurchase agreements with third-parties .\nauthorization to repurchase shares to cover on-going dilution was not subject to expiration .\nhowever , this repurchase program was limited to covering net dilution from stock issuances and was subject to business conditions and cash flow requirements as determined by our board of directors from time to time .\nduring the third quarter of fiscal 2010 , our board of directors approved an amendment to our stock repurchase program authorized in april 2007 from a non-expiring share-based authority to a time-constrained dollar-based authority .\nas part of this amendment , the board of directors granted authority to repurchase up to $ 1.6 billion in common stock through the end of fiscal 2012 .\nduring the second quarter of fiscal 2012 , we exhausted our $ 1.6 billion authority granted by our board of directors in fiscal in april 2012 , the board of directors approved a new stock repurchase program granting authority to repurchase up to $ 2.0 billion in common stock through the end of fiscal 2015 .\nthe new stock repurchase program approved by our board of directors is similar to our previous $ 1.6 billion stock repurchase program .\nduring fiscal 2012 , 2011 and 2010 , we entered into several structured repurchase agreements with large financial institutions , whereupon we provided the financial institutions with prepayments totaling $ 405.0 million , $ 695.0 million and $ 850 million , respectively .\nof the $ 405.0 million of prepayments during fiscal 2012 , $ 100.0 million was under the new $ 2.0 billion stock repurchase program and the remaining $ 305.0 million was under our previous $ 1.6 billion authority .\nof the $ 850.0 million of prepayments during fiscal 2010 , $ 250.0 million was under the stock repurchase program prior to the program amendment in the third quarter of fiscal 2010 and the remaining $ 600.0 million was under the amended $ 1.6 billion time-constrained dollar-based authority .\nwe enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the volume weighted average price ( 201cvwap 201d ) of our common stock over a specified period of time .\nwe only enter into such transactions when the discount that we receive is higher than the foregone return on our cash prepayments to the financial institutions .\nthere were no explicit commissions or fees on these structured repurchases .\nunder the terms of the agreements , there is no requirement for the financial institutions to return any portion of the prepayment to us .\nthe financial institutions agree to deliver shares to us at monthly intervals during the contract term .\nthe parameters used to calculate the number of shares deliverable are : the total notional amount of the contract , the number of trading days in the contract , the number of trading days in the interval and the average vwap of our stock during the interval less the agreed upon discount .\nduring fiscal 2012 , we repurchased approximately 11.5 million shares at an average price of $ 32.29 through structured repurchase agreements entered into during fiscal 2012 .\nduring fiscal 2011 , we repurchased approximately 21.8 million shares at an average price of $ 31.81 through structured repurchase agreements entered into during fiscal 2011 .\nduring fiscal 2010 , we repurchased approximately 31.2 million shares at an average price per share of $ 29.19 through structured repurchase agreements entered into during fiscal 2009 and fiscal 2010 .\nfor fiscal 2012 , 2011 and 2010 , the prepayments were classified as treasury stock on our consolidated balance sheets at the payment date , though only shares physically delivered to us by november 30 , 2012 , december 2 , 2011 and december 3 , 2010 were excluded from the computation of earnings per share .\nas of november 30 , 2012 , $ 33.0 million of prepayments remained under these agreements .\nas of december 2 , 2011 and december 3 , 2010 , no prepayments remained under these agreements .\ntable of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .\n\nQuestion: what is the growth rate in the average price of repurchased shares from 2011 to 2012?",
        "solution": "1.5%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: WRK/2019/page_103.pdf\n\nID: WRK/2019/page_103.pdf-1\n\nPrevious Text:\nwestrock company notes to consolidated financial statements 2014 ( continued ) consistent with prior years , we consider a portion of our earnings from certain foreign subsidiaries as subject to repatriation and we provide for taxes accordingly .\nhowever , we consider the unremitted earnings and all other outside basis differences from all other foreign subsidiaries to be indefinitely reinvested .\naccordingly , we have not provided for any taxes that would be due .\nas of september 30 , 2019 , we estimate our outside basis difference in foreign subsidiaries that are considered indefinitely reinvested to be approximately $ 1.6 billion .\nthe components of the outside basis difference are comprised of purchase accounting adjustments , undistributed earnings , and equity components .\nexcept for the portion of our earnings from certain foreign subsidiaries where we provided for taxes , we have not provided for any taxes that would be due upon the reversal of the outside basis differences .\nhowever , in the event of a distribution in the form of dividends or dispositions of the subsidiaries , we may be subject to incremental u.s .\nincome taxes , subject to an adjustment for foreign tax credits , and withholding taxes or income taxes payable to the foreign jurisdictions .\nas of september 30 , 2019 , the determination of the amount of unrecognized deferred tax liability related to any remaining undistributed foreign earnings not subject to the transition tax and additional outside basis differences is not practicable .\na reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in millions ) : .\n\nTable Data:\n[['', '2019', '2018', '2017'], ['balance at beginning of fiscal year', '$ 127.1', '$ 148.9', '$ 166.8'], ['additions related to purchase accounting ( 1 )', '1.0', '3.4', '7.7'], ['additions for tax positions taken in current year ( 2 )', '103.8', '3.1', '5.0'], ['additions for tax positions taken in prior fiscal years', '1.8', '18.0', '15.2'], ['reductions for tax positions taken in prior fiscal years', '( 0.5 )', '( 5.3 )', '( 25.6 )'], ['reductions due to settlement ( 3 )', '( 4.0 )', '( 29.4 )', '( 14.1 )'], ['( reductions ) additions for currency translation adjustments', '-1.7 ( 1.7 )', '-9.6 ( 9.6 )', '2.0'], ['reductions as a result of a lapse of the applicable statute oflimitations', '( 3.2 )', '( 2.0 )', '( 8.1 )'], ['balance at end of fiscal year', '$ 224.3', '$ 127.1', '$ 148.9']]\n\nFollowing Text:\n( 1 ) amounts in fiscal 2019 relate to the kapstone acquisition .\namounts in fiscal 2018 and 2017 relate to the mps acquisition .\n( 2 ) additions for tax positions taken in current fiscal year includes primarily positions taken related to foreign subsidiaries .\n( 3 ) amounts in fiscal 2019 relate to the settlements of state and foreign audit examinations .\namounts in fiscal 2018 relate to the settlement of state audit examinations and federal and state amended returns filed related to affirmative adjustments for which there was a reserve .\namounts in fiscal 2017 relate to the settlement of federal and state audit examinations with taxing authorities .\nas of september 30 , 2019 and 2018 , the total amount of unrecognized tax benefits was approximately $ 224.3 million and $ 127.1 million , respectively , exclusive of interest and penalties .\nof these balances , as of september 30 , 2019 and 2018 , if we were to prevail on all unrecognized tax benefits recorded , approximately $ 207.5 million and $ 108.7 million , respectively , would benefit the effective tax rate .\nwe regularly evaluate , assess and adjust the related liabilities in light of changing facts and circumstances , which could cause the effective tax rate to fluctuate from period to period .\nresolution of the uncertain tax positions could have a material adverse effect on our cash flows or materially benefit our results of operations in future periods depending upon their ultimate resolution .\nsee 201cnote 18 .\ncommitments and contingencies 2014 brazil tax liability 201d we recognize estimated interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of income .\nas of september 30 , 2019 , we had liabilities of $ 80.0 million related to estimated interest and penalties for unrecognized tax benefits .\nas of september 30 , 2018 , we had liabilities of $ 70.4 million , related to estimated interest and penalties for unrecognized tax benefits .\nour results of operations for the fiscal year ended september 30 , 2019 , 2018 and 2017 include expense of $ 9.7 million , $ 5.8 million and $ 7.4 million , respectively , net of indirect benefits , related to estimated interest and penalties with respect to the liability for unrecognized tax benefits .\nas of september 30 , 2019 , it is reasonably possible that our unrecognized tax benefits will decrease by up to $ 8.7 million in the next twelve months due to expiration of various statues of limitations and settlement of issues. .\n\nQuestion: by what percent did total balance increase between 2018 and 2019?",
        "solution": "76.48%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: MA/2008/page_125.pdf\n\nID: MA/2008/page_125.pdf-2\n\nPrevious Text:\nmastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) note 17 .\ncommitments at december 31 , 2008 , the company had the following future minimum payments due under non-cancelable agreements : capital leases operating leases sponsorship , licensing & .\n\nTable Data:\n[['', 'total', 'capital leases', 'operating leases', 'sponsorship licensing & other'], ['2009', '$ 372320', '$ 8435', '$ 40327', '$ 323558'], ['2010', '140659', '2758', '18403', '119498'], ['2011', '80823', '1978', '11555', '67290'], ['2012', '50099', '1819', '9271', '39009'], ['2013', '50012', '36837', '7062', '6113'], ['thereafter', '21292', '2014', '19380', '1912'], ['total', '$ 715205', '$ 51827', '$ 105998', '$ 557380']]\n\nFollowing Text:\nincluded in the table above are capital leases with imputed interest expense of $ 9483 and a net present value of minimum lease payments of $ 42343 .\nin addition , at december 31 , 2008 , $ 92300 of the future minimum payments in the table above for leases , sponsorship , licensing and other agreements was accrued .\nconsolidated rental expense for the company 2019s office space , which is recognized on a straight line basis over the life of the lease , was approximately $ 42905 , $ 35614 and $ 31467 for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nconsolidated lease expense for automobiles , computer equipment and office equipment was $ 7694 , $ 7679 and $ 8419 for the years ended december 31 , 2008 , 2007 and 2006 , respectively .\nin january 2003 , mastercard purchased a building in kansas city , missouri for approximately $ 23572 .\nthe building is a co-processing data center which replaced a back-up data center in lake success , new york .\nduring 2003 , mastercard entered into agreements with the city of kansas city for ( i ) the sale-leaseback of the building and related equipment which totaled $ 36382 and ( ii ) the purchase of municipal bonds for the same amount which have been classified as municipal bonds held-to-maturity .\nthe agreements enabled mastercard to secure state and local financial benefits .\nno gain or loss was recorded in connection with the agreements .\nthe leaseback has been accounted for as a capital lease as the agreement contains a bargain purchase option at the end of the ten-year lease term on april 1 , 2013 .\nthe building and related equipment are being depreciated over their estimated economic life in accordance with the company 2019s policy .\nrent of $ 1819 is due annually and is equal to the interest due on the municipal bonds .\nthe future minimum lease payments are $ 45781 and are included in the table above .\na portion of the building was subleased to the original building owner for a five-year term with a renewal option .\nas of december 31 , 2008 , the future minimum sublease rental income is $ 4416 .\nnote 18 .\nobligations under litigation settlements on october 27 , 2008 , mastercard and visa inc .\n( 201cvisa 201d ) entered into a settlement agreement ( the 201cdiscover settlement 201d ) with discover financial services , inc .\n( 201cdiscover 201d ) relating to the u.s .\nfederal antitrust litigation amongst the parties .\nthe discover settlement ended all litigation between the parties for a total of $ 2750000 .\nin july 2008 , mastercard and visa had entered into a judgment sharing agreement that allocated responsibility for any judgment or settlement of the discover action between the parties .\naccordingly , the mastercard share of the discover settlement was $ 862500 , which was paid to discover in november 2008 .\nin addition , in connection with the discover settlement , morgan stanley , discover 2019s former parent company , paid mastercard $ 35000 in november 2008 , pursuant to a separate agreement .\nthe net impact of $ 827500 is included in litigation settlements for the year ended december 31 , 2008. .\n\nQuestion: what was the average consolidated rental expense from 2006 to 2008",
        "solution": "36662"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: ADBE/2014/page_87.pdf\n\nID: ADBE/2014/page_87.pdf-1\n\nPrevious Text:\nadobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2014 and 2013 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : .\n\nTable Data:\n[['', '2014', '2013'], ['beginning balance', '$ 136098', '$ 160468'], ['gross increases in unrecognized tax benefits 2013 prior year tax positions', '144', '20244'], ['gross increases in unrecognized tax benefits 2013 current year tax positions', '18877', '16777'], ['settlements with taxing authorities', '-995 ( 995 )', '-55851 ( 55851 )'], ['lapse of statute of limitations', '-1630 ( 1630 )', '-4066 ( 4066 )'], ['foreign exchange gains and losses', '-3646 ( 3646 )', '-1474 ( 1474 )'], ['ending balance', '$ 148848', '$ 136098']]\n\nFollowing Text:\nas of november 28 , 2014 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 14.6 million .\nwe file income tax returns in the u.s .\non a federal basis and in many u.s .\nstate and foreign jurisdictions .\nwe are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities .\nour major tax jurisdictions are ireland , california and the u.s .\nfor ireland , california and the u.s. , the earliest fiscal years open for examination are 2008 , 2008 and 2010 , respectively .\nwe regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations .\nwe believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position .\nin july 2013 , a u.s .\nincome tax examination covering fiscal 2008 and 2009 was completed .\nour accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable .\nwe settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 .\nthe timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process .\nthese events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities .\nwe believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both .\ngiven the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million .\nnote 10 .\nrestructuring fiscal 2014 restructuring plan in the fourth quarter of fiscal 2014 , in order to better align our global resources for digital media and digital marketing , we initiated a restructuring plan to vacate our research and development facility in china and our sales and marketing facility in russia .\nthis plan consisted of reductions of approximately 350 full-time positions and we recorded restructuring charges of approximately $ 18.8 million related to ongoing termination benefits for the positions eliminated .\nduring fiscal 2015 , we intend to vacate both of these facilities .\nthe amount accrued for the fair value of future contractual obligations under these operating leases was insignificant .\nother restructuring plans during the past several years , we have implemented other restructuring plans consisting of reductions in workforce and the consolidation of facilities to better align our resources around our business strategies .\nas of november 28 , 2014 , we considered our other restructuring plans to be substantially complete .\nwe continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant. .\n\nQuestion: what is the percentage change in the total gross amount of unrecognized tax benefits from 2013 to 2014?",
        "solution": "9.4%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: GS/2012/page_56.pdf\n\nID: GS/2012/page_56.pdf-1\n\nPrevious Text:\nmanagement 2019s discussion and analysis the table below presents the operating results of our institutional client services segment. .\n\nTable Data:\n[['in millions', 'year ended december 2012', 'year ended december 2011', 'year ended december 2010'], ['fixed income currency and commodities client execution', '$ 9914', '$ 9018', '$ 13707'], ['equities client execution1', '3171', '3031', '3231'], ['commissions and fees', '3053', '3633', '3426'], ['securities services', '1986', '1598', '1432'], ['total equities', '8210', '8262', '8089'], ['total net revenues', '18124', '17280', '21796'], ['operating expenses', '12480', '12837', '14994'], ['pre-tax earnings', '$ 5644', '$ 4443', '$ 6802']]\n\nFollowing Text:\n1 .\nincludes net revenues related to reinsurance of $ 1.08 billion , $ 880 million and $ 827 million for the years ended december 2012 , december 2011 and december 2010 , respectively .\n2012 versus 2011 .\nnet revenues in institutional client services were $ 18.12 billion for 2012 , 5% ( 5 % ) higher than 2011 .\nnet revenues in fixed income , currency and commodities client execution were $ 9.91 billion for 2012 , 10% ( 10 % ) higher than 2011 .\nthese results reflected strong net revenues in mortgages , which were significantly higher compared with 2011 .\nin addition , net revenues in credit products and interest rate products were solid and higher compared with 2011 .\nthese increases were partially offset by significantly lower net revenues in commodities and slightly lower net revenues in currencies .\nalthough broad market concerns persisted during 2012 , fixed income , currency and commodities client execution operated in a generally improved environment characterized by tighter credit spreads and less challenging market-making conditions compared with 2011 .\nnet revenues in equities were $ 8.21 billion for 2012 , essentially unchanged compared with 2011 .\nnet revenues in securities services were significantly higher compared with 2011 , reflecting a gain of approximately $ 500 million on the sale of our hedge fund administration business .\nin addition , equities client execution net revenues were higher than 2011 , primarily reflecting significantly higher results in cash products , principally due to increased levels of client activity .\nthese increases were offset by lower commissions and fees , reflecting lower market volumes .\nduring 2012 , equities operated in an environment generally characterized by an increase in global equity prices and lower volatility levels .\nthe net loss attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 714 million ( $ 433 million and $ 281 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2012 , compared with a net gain of $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 .\nduring 2012 , institutional client services operated in an environment generally characterized by continued broad market concerns and uncertainties , although positive developments helped to improve market conditions .\nthese developments included certain central bank actions to ease monetary policy and address funding risks for european financial institutions .\nin addition , the u.s .\neconomy posted stable to improving economic data , including favorable developments in unemployment and housing .\nthese improvements resulted in tighter credit spreads , higher global equity prices and lower levels of volatility .\nhowever , concerns about the outlook for the global economy and continued political uncertainty , particularly the political debate in the united states surrounding the fiscal cliff , generally resulted in client risk aversion and lower activity levels .\nalso , uncertainty over financial regulatory reform persisted .\nif these concerns and uncertainties continue over the long term , net revenues in fixed income , currency and commodities client execution and equities would likely be negatively impacted .\noperating expenses were $ 12.48 billion for 2012 , 3% ( 3 % ) lower than 2011 , primarily due to lower brokerage , clearing , exchange and distribution fees , and lower impairment charges , partially offset by higher net provisions for litigation and regulatory proceedings .\npre-tax earnings were $ 5.64 billion in 2012 , 27% ( 27 % ) higher than 2011 .\n2011 versus 2010 .\nnet revenues in institutional client services were $ 17.28 billion for 2011 , 21% ( 21 % ) lower than 2010 .\nnet revenues in fixed income , currency and commodities client execution were $ 9.02 billion for 2011 , 34% ( 34 % ) lower than 2010 .\nalthough activity levels during 2011 were generally consistent with 2010 levels , and results were solid during the first quarter of 2011 , the environment during the remainder of 2011 was characterized by broad market concerns and uncertainty , resulting in volatile markets and significantly wider credit spreads , which contributed to difficult market-making conditions and led to reductions in risk by us and our clients .\nas a result of these conditions , net revenues across the franchise were lower , including significant declines in mortgages and credit products , compared with 2010 .\n54 goldman sachs 2012 annual report .\n\nQuestion: of operating results of the institutional client services segment , in millions , what percentage of equities client execution for 2012 relates to net revenues related to reinsurance?",
        "solution": "34.1%"
    },
    {
        "problem": "Please answer the question based on all the information provided below:\n\nDocument: C/2018/page_287.pdf\n\nID: C/2018/page_287.pdf-1\n\nPrevious Text:\nown debt valuation adjustments ( dva ) own debt valuation adjustments are recognized on citi 2019s liabilities for which the fair value option has been elected using citi 2019s credit spreads observed in the bond market .\neffective january 1 , 2016 , changes in fair value of fair value option liabilities related to changes in citigroup 2019s own credit spreads ( dva ) are reflected as a component of aoci .\nsee note 1 to the consolidated financial statements for additional information .\namong other variables , the fair value of liabilities for which the fair value option has been elected ( other than non-recourse and similar liabilities ) is impacted by the narrowing or widening of the company 2019s credit spreads .\nthe estimated changes in the fair value of these liabilities due to such changes in the company 2019s own credit spread ( or instrument-specific credit risk ) were a gain of $ 1415 million and a loss of $ 680 million for the years ended december 31 , 2018 and 2017 , respectively .\nchanges in fair value resulting from changes in instrument-specific credit risk were estimated by incorporating the company 2019s current credit spreads observable in the bond market into the relevant valuation technique used to value each liability as described above .\nthe fair value option for financial assets and financial liabilities selected portfolios of securities purchased under agreements to resell , securities borrowed , securities sold under agreements to repurchase , securities loaned and certain non-collateralized short-term borrowings the company elected the fair value option for certain portfolios of fixed income securities purchased under agreements to resell and fixed income securities sold under agreements to repurchase , securities borrowed , securities loaned and certain non-collateralized short-term borrowings held primarily by broker-dealer entities in the united states , united kingdom and japan .\nin each case , the election was made because the related interest rate risk is managed on a portfolio basis , primarily with offsetting derivative instruments that are accounted for at fair value through earnings .\nchanges in fair value for transactions in these portfolios are recorded in principal transactions .\nthe related interest revenue and interest expense are measured based on the contractual rates specified in the transactions and are reported as interest revenue and interest expense in the consolidated statement of income .\ncertain loans and other credit products citigroup has also elected the fair value option for certain other originated and purchased loans , including certain unfunded loan products , such as guarantees and letters of credit , executed by citigroup 2019s lending and trading businesses .\nnone of these credit products are highly leveraged financing commitments .\nsignificant groups of transactions include loans and unfunded loan products that are expected to be either sold or securitized in the near term , or transactions where the economic risks are hedged with derivative instruments , such as purchased credit default swaps or total return swaps where the company pays the total return on the underlying loans to a third party .\ncitigroup has elected the fair value option to mitigate accounting mismatches in cases where hedge accounting is complex and to achieve operational simplifications .\nfair value was not elected for most lending transactions across the company .\nthe following table provides information about certain credit products carried at fair value: .\n\nTable Data:\n[['in millions of dollars', 'december 31 2018 trading assets', 'december 31 2018 loans', 'december 31 2018 trading assets', 'loans'], ['carrying amount reported on the consolidated balance sheet', '$ 10108', '$ 3224', '$ 8851', '$ 4374'], ['aggregate unpaid principal balance in excess of fair value', '435', '741', '623', '682'], ['balance of non-accrual loans or loans more than 90 days past due', '2014', '1', '2014', '1'], ['aggregate unpaid principal balance in excess of fair value for non-accrual loans or loans more than 90 days past due', '2014', '2014', '2014', '1']]\n\nFollowing Text:\nin addition to the amounts reported above , $ 1137 million and $ 508 million of unfunded commitments related to certain credit products selected for fair value accounting were outstanding as of december 31 , 2018 and 2017 , respectively. .\n\nQuestion: what was the difference in millions of carrying amount reported on the consolidated balance sheet for trading assets between 2018 and the year prior?",
        "solution": "1257"
    }
]