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notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) guarantees we have guaranteed certain obligations of our subsidiaries relating principally to operating leases and credit facilities of certain subsidiaries .the amount of parent company guarantees on lease obligations was $ 857.3 and $ 619.4 as of december 31 , 2016 and 2015 , respectively , and the amount of parent company guarantees primarily relating to credit facilities was $ 395.6 and $ 336.5 as of december 31 , 2016 and 2015 , respectively .in 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 .as of december 31 , 2016 , there were no material assets pledged as security for such parent company guarantees .contingent acquisition obligations the following table details the estimated future contingent acquisition obligations payable in cash as of december 31 . | 2017 | 2018 | 2019 | 2020 | 2021 | thereafter | total
deferred acquisition payments | $ 76.9 | $ 31.6 | $ 25.1 | $ 8.9 | $ 26.9 | $ 11.4 | $ 180.8
redeemable noncontrolling interests and call options with affiliates1 | 34.7 | 76.5 | 32.9 | 3.9 | 3.1 | 4.2 | 155.3
total contingent acquisition payments | $ 111.6 | $ 108.1 | $ 58.0 | $ 12.8 | $ 30.0 | $ 15.6 | $ 336.1 1 we have entered into certain acquisitions that contain both redeemable noncontrolling interests and call options with similar terms and conditions .the estimated amounts listed would be paid in the event of exercise at the earliest exercise date .we have certain redeemable noncontrolling interests that are exercisable at the discretion of the noncontrolling equity owners as of december 31 , 2016 .these estimated payments of $ 25.9 are included within the total payments expected to be made in 2017 , and will continue to be carried forward into 2018 or beyond until exercised or expired .redeemable 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 .the majority of these payments are contingent upon achieving projected operating performance targets and satisfying other conditions specified in the related agreements and are subject to revision in accordance with the terms of the respective agreements .see note 4 for further information relating to the payment structure of our acquisitions .legal matters in the normal course of business , we are involved in various legal proceedings , and subject to investigations , inspections , audits , inquiries and similar actions by governmental authorities .the types of allegations that arise in connection with such legal proceedings vary in nature , but can include claims related to contract , employment , tax and intellectual property matters .we evaluate all cases each reporting period and record liabilities for losses from legal proceedings when we determine that it is probable that the outcome in a legal proceeding will be unfavorable and the amount , or potential range , of loss can be reasonably estimated .in certain cases , we cannot reasonably estimate the potential loss because , for example , the litigation is in its early stages .while any outcome related to litigation or such governmental proceedings in which we are involved cannot be predicted with certainty , management believes that the outcome of these matters , individually and in the aggregate , will not have a material adverse effect on our financial condition , results of operations or cash flows .as previously disclosed , on april 10 , 2015 , a federal judge in brazil authorized the search of the records of an agency 2019s offices in s e3o paulo and brasilia , in connection with an ongoing investigation by brazilian authorities involving payments potentially connected to local government contracts .the company had previously investigated the matter and taken a number of remedial and disciplinary actions .the company is in the process of concluding a settlement related to these matters with government agencies .the company confirmed that one of its standalone domestic agencies has been contacted by the department of justice antitrust division for documents regarding video production practices and is cooperating with the government. .
Question: what is the value of total redeemable noncontrolling interests and call options with affiliates in?
Steps: Ask for number 155.3
Answer: 155.3
Question: what about the total contingent acquisition payments?
Steps: Ask for number 336.1
Answer: 336.1
Question: what proportion does this represent?
Steps: divide(155.3, 336.1)
Answer: 0.46206
Question: what amount was guaranteed by parent company for lease obligations in 2016?
Steps: Ask for number 857.3
Answer: 857.3
Question: what about guarantees primarily relating to credit facilities ?
Steps: Ask for number 395.6
Answer: 395.6
Question: what is the total value of guarantees in 2016?
| 1252.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) guarantees we have guaranteed certain obligations of our subsidiaries relating principally to operating leases and credit facilities of certain subsidiaries .the amount of parent company guarantees on lease obligations was $ 857.3 and $ 619.4 as of december 31 , 2016 and 2015 , respectively , and the amount of parent company guarantees primarily relating to credit facilities was $ 395.6 and $ 336.5 as of december 31 , 2016 and 2015 , respectively .in 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 .as of december 31 , 2016 , there were no material assets pledged as security for such parent company guarantees .contingent acquisition obligations the following table details the estimated future contingent acquisition obligations payable in cash as of december 31 . | 2017 | 2018 | 2019 | 2020 | 2021 | thereafter | total
deferred acquisition payments | $ 76.9 | $ 31.6 | $ 25.1 | $ 8.9 | $ 26.9 | $ 11.4 | $ 180.8
redeemable noncontrolling interests and call options with affiliates1 | 34.7 | 76.5 | 32.9 | 3.9 | 3.1 | 4.2 | 155.3
total contingent acquisition payments | $ 111.6 | $ 108.1 | $ 58.0 | $ 12.8 | $ 30.0 | $ 15.6 | $ 336.1 1 we have entered into certain acquisitions that contain both redeemable noncontrolling interests and call options with similar terms and conditions .the estimated amounts listed would be paid in the event of exercise at the earliest exercise date .we have certain redeemable noncontrolling interests that are exercisable at the discretion of the noncontrolling equity owners as of december 31 , 2016 .these estimated payments of $ 25.9 are included within the total payments expected to be made in 2017 , and will continue to be carried forward into 2018 or beyond until exercised or expired .redeemable 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 .the majority of these payments are contingent upon achieving projected operating performance targets and satisfying other conditions specified in the related agreements and are subject to revision in accordance with the terms of the respective agreements .see note 4 for further information relating to the payment structure of our acquisitions .legal matters in the normal course of business , we are involved in various legal proceedings , and subject to investigations , inspections , audits , inquiries and similar actions by governmental authorities .the types of allegations that arise in connection with such legal proceedings vary in nature , but can include claims related to contract , employment , tax and intellectual property matters .we evaluate all cases each reporting period and record liabilities for losses from legal proceedings when we determine that it is probable that the outcome in a legal proceeding will be unfavorable and the amount , or potential range , of loss can be reasonably estimated .in certain cases , we cannot reasonably estimate the potential loss because , for example , the litigation is in its early stages .while any outcome related to litigation or such governmental proceedings in which we are involved cannot be predicted with certainty , management believes that the outcome of these matters , individually and in the aggregate , will not have a material adverse effect on our financial condition , results of operations or cash flows .as previously disclosed , on april 10 , 2015 , a federal judge in brazil authorized the search of the records of an agency 2019s offices in s e3o paulo and brasilia , in connection with an ongoing investigation by brazilian authorities involving payments potentially connected to local government contracts .the company had previously investigated the matter and taken a number of remedial and disciplinary actions .the company is in the process of concluding a settlement related to these matters with government agencies .the company confirmed that one of its standalone domestic agencies has been contacted by the department of justice antitrust division for documents regarding video production practices and is cooperating with the government. .
Question: what is the value of total redeemable noncontrolling interests and call options with affiliates in?
Steps: Ask for number 155.3
Answer: 155.3
Question: what about the total contingent acquisition payments?
Steps: Ask for number 336.1
Answer: 336.1
Question: what proportion does this represent?
Steps: divide(155.3, 336.1)
Answer: 0.46206
Question: what amount was guaranteed by parent company for lease obligations in 2016?
Steps: Ask for number 857.3
Answer: 857.3
Question: what about guarantees primarily relating to credit facilities ?
Steps: Ask for number 395.6
Answer: 395.6
Question: what is the total value of guarantees in 2016?
| convfinqa1400 |
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
| 1973.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
| convfinqa1401 |
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
Steps: Ask for number 1973
Answer: 1973.0
Question: and what was the total of that long-term debt?
| 9276.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
Steps: Ask for number 1973
Answer: 1973.0
Question: and what was the total of that long-term debt?
| convfinqa1402 |
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
Steps: Ask for number 1973
Answer: 1973.0
Question: and what was the total of that long-term debt?
Steps: Ask for number 9276
Answer: 9276.0
Question: what percentage, then, does that amount represent in relation to this total?
| 0.2127 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
Steps: Ask for number 1973
Answer: 1973.0
Question: and what was the total of that long-term debt?
Steps: Ask for number 9276
Answer: 9276.0
Question: what percentage, then, does that amount represent in relation to this total?
| convfinqa1403 |
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
Steps: Ask for number 1973
Answer: 1973.0
Question: and what was the total of that long-term debt?
Steps: Ask for number 9276
Answer: 9276.0
Question: what percentage, then, does that amount represent in relation to this total?
Steps: divide(1973, 9276)
Answer: 0.2127
Question: and concerning the entire period, what becomes this percentage of long-term debt due in less that one year to the total?
| 0.19993 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof .we have , as discussed previously , issued in the past , and we may issue in the future , securities pursuant to the shelf registration .the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors .additional information about debt and equity securities issued pursuant to this shelf registration is provided in notes 9 and 12 to the consolidated financial statements included under item 8 .we currently maintain a corporate 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 .at december 31 , 2011 , we had $ 2.38 billion of commercial paper outstanding , compared to $ 2.80 billion at december 31 , 2010 .additional information about our corporate commercial paper program is provided in note 8 to the consolidated financial statements included under item 8 .state street bank had initial board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 1 billion of subordinated bank notes .approximately $ 2.05 billion was available under this board authority as of december 31 , 2011 .in 2011 , $ 2.45 billion of senior notes , which were outstanding at december 31 , 2010 , matured .state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 787 million as of december 31 , 2011 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2011 , no balance was outstanding on this line of credit .contractual cash obligations . as of december 31 2011 ( 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 ) | $ 9276 | $ 1973 | $ 1169 | $ 1944 | $ 4190
operating leases | 1129 | 237 | 389 | 228 | 275
capital lease obligations | 989 | 68 | 136 | 138 | 647
total contractual cash obligations | $ 11394 | $ 2278 | $ 1694 | $ 2310 | $ 5112 ( 1 ) long-term debt excludes capital lease obligations ( presented as a separate line item ) and the effect of interest-rate swaps .interest 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 , 2011 .the obligations presented in the table above are recorded in our consolidated statement of condition at december 31 , 2011 , except for interest on long-term debt and capital lease obligations .the 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 .additional information about deposits , federal funds purchased , securities sold under repurchase agreements and other short-term borrowings is provided in notes 7 and 8 to the consolidated financial statements included under item 8 .the table does not include obligations related to derivative instruments , because the amounts included in our consolidated statement of condition at december 31 , 2011 related to derivatives do not represent the amounts that may ultimately be paid under the contracts upon settlement .additional information about derivative contracts is provided in note 16 to the consolidated financial statements included under item 8 .we have obligations under pension and other post-retirement benefit plans , more fully described in note 18 to the consolidated financial statements included under item 8 , which are not included in the above table .additional information about contractual cash obligations related to long-term debt and operating and capital leases is provided in notes 9 and 19 to the consolidated financial statements included under item 8 .the consolidated statement of cash flows , also included under item 8 , provides additional liquidity information. .
Question: in 2011, what amount of the long-term debt was due in less than 1 year?
Steps: Ask for number 1973
Answer: 1973.0
Question: and what was the total of that long-term debt?
Steps: Ask for number 9276
Answer: 9276.0
Question: what percentage, then, does that amount represent in relation to this total?
Steps: divide(1973, 9276)
Answer: 0.2127
Question: and concerning the entire period, what becomes this percentage of long-term debt due in less that one year to the total?
| convfinqa1404 |
10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc .granted an aggregate of 187886 performance stock units to eligible employees .the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle .these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group .the performance stock units are also subject to forfeiture if certain employment conditions are not met .at december 31 , 2017 , altria group , inc .had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit .the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period .altria group , inc .recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million .the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 .altria group , inc .did not grant any performance stock units during 2016 and 2015 .note 12 .earnings per share basic and diluted eps were calculated using the following: . ( in millions ) | for the years ended december 31 , 2017 | for the years ended december 31 , 2016 | for the years ended december 31 , 2015
net earnings attributable to altria group inc . | $ 10222 | $ 14239 | $ 5241
less : distributed and undistributed earnings attributable to share-based awards | -14 ( 14 ) | -24 ( 24 ) | -10 ( 10 )
earnings for basic and diluted eps | $ 10208 | $ 14215 | $ 5231
weighted-average shares for basic and diluted eps | 1921 | 1952 | 1961 net earnings attributable to altria group , inc .$ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .
Question: what is the net change in earnings attributable to altria group from 2016 to 2017?
| -4017.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc .granted an aggregate of 187886 performance stock units to eligible employees .the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle .these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group .the performance stock units are also subject to forfeiture if certain employment conditions are not met .at december 31 , 2017 , altria group , inc .had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit .the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period .altria group , inc .recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million .the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 .altria group , inc .did not grant any performance stock units during 2016 and 2015 .note 12 .earnings per share basic and diluted eps were calculated using the following: . ( in millions ) | for the years ended december 31 , 2017 | for the years ended december 31 , 2016 | for the years ended december 31 , 2015
net earnings attributable to altria group inc . | $ 10222 | $ 14239 | $ 5241
less : distributed and undistributed earnings attributable to share-based awards | -14 ( 14 ) | -24 ( 24 ) | -10 ( 10 )
earnings for basic and diluted eps | $ 10208 | $ 14215 | $ 5231
weighted-average shares for basic and diluted eps | 1921 | 1952 | 1961 net earnings attributable to altria group , inc .$ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .
Question: what is the net change in earnings attributable to altria group from 2016 to 2017?
| convfinqa1405 |
10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc .granted an aggregate of 187886 performance stock units to eligible employees .the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle .these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group .the performance stock units are also subject to forfeiture if certain employment conditions are not met .at december 31 , 2017 , altria group , inc .had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit .the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period .altria group , inc .recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million .the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 .altria group , inc .did not grant any performance stock units during 2016 and 2015 .note 12 .earnings per share basic and diluted eps were calculated using the following: . ( in millions ) | for the years ended december 31 , 2017 | for the years ended december 31 , 2016 | for the years ended december 31 , 2015
net earnings attributable to altria group inc . | $ 10222 | $ 14239 | $ 5241
less : distributed and undistributed earnings attributable to share-based awards | -14 ( 14 ) | -24 ( 24 ) | -10 ( 10 )
earnings for basic and diluted eps | $ 10208 | $ 14215 | $ 5231
weighted-average shares for basic and diluted eps | 1921 | 1952 | 1961 net earnings attributable to altria group , inc .$ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .
Question: what is the net change in earnings attributable to altria group from 2016 to 2017?
Steps: subtract(10222, 14239)
Answer: -4017.0
Question: what is the 2016 value?
| 14239.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc .granted an aggregate of 187886 performance stock units to eligible employees .the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle .these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group .the performance stock units are also subject to forfeiture if certain employment conditions are not met .at december 31 , 2017 , altria group , inc .had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit .the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period .altria group , inc .recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million .the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 .altria group , inc .did not grant any performance stock units during 2016 and 2015 .note 12 .earnings per share basic and diluted eps were calculated using the following: . ( in millions ) | for the years ended december 31 , 2017 | for the years ended december 31 , 2016 | for the years ended december 31 , 2015
net earnings attributable to altria group inc . | $ 10222 | $ 14239 | $ 5241
less : distributed and undistributed earnings attributable to share-based awards | -14 ( 14 ) | -24 ( 24 ) | -10 ( 10 )
earnings for basic and diluted eps | $ 10208 | $ 14215 | $ 5231
weighted-average shares for basic and diluted eps | 1921 | 1952 | 1961 net earnings attributable to altria group , inc .$ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .
Question: what is the net change in earnings attributable to altria group from 2016 to 2017?
Steps: subtract(10222, 14239)
Answer: -4017.0
Question: what is the 2016 value?
| convfinqa1406 |
10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc .granted an aggregate of 187886 performance stock units to eligible employees .the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle .these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group .the performance stock units are also subject to forfeiture if certain employment conditions are not met .at december 31 , 2017 , altria group , inc .had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit .the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period .altria group , inc .recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million .the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 .altria group , inc .did not grant any performance stock units during 2016 and 2015 .note 12 .earnings per share basic and diluted eps were calculated using the following: . ( in millions ) | for the years ended december 31 , 2017 | for the years ended december 31 , 2016 | for the years ended december 31 , 2015
net earnings attributable to altria group inc . | $ 10222 | $ 14239 | $ 5241
less : distributed and undistributed earnings attributable to share-based awards | -14 ( 14 ) | -24 ( 24 ) | -10 ( 10 )
earnings for basic and diluted eps | $ 10208 | $ 14215 | $ 5231
weighted-average shares for basic and diluted eps | 1921 | 1952 | 1961 net earnings attributable to altria group , inc .$ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .
Question: what is the net change in earnings attributable to altria group from 2016 to 2017?
Steps: subtract(10222, 14239)
Answer: -4017.0
Question: what is the 2016 value?
Steps: Ask for number 14239
Answer: 14239.0
Question: what is the percent change?
| -0.28211 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc .granted an aggregate of 187886 performance stock units to eligible employees .the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle .these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group .the performance stock units are also subject to forfeiture if certain employment conditions are not met .at december 31 , 2017 , altria group , inc .had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit .the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period .altria group , inc .recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million .the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 .altria group , inc .did not grant any performance stock units during 2016 and 2015 .note 12 .earnings per share basic and diluted eps were calculated using the following: . ( in millions ) | for the years ended december 31 , 2017 | for the years ended december 31 , 2016 | for the years ended december 31 , 2015
net earnings attributable to altria group inc . | $ 10222 | $ 14239 | $ 5241
less : distributed and undistributed earnings attributable to share-based awards | -14 ( 14 ) | -24 ( 24 ) | -10 ( 10 )
earnings for basic and diluted eps | $ 10208 | $ 14215 | $ 5231
weighted-average shares for basic and diluted eps | 1921 | 1952 | 1961 net earnings attributable to altria group , inc .$ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .
Question: what is the net change in earnings attributable to altria group from 2016 to 2017?
Steps: subtract(10222, 14239)
Answer: -4017.0
Question: what is the 2016 value?
Steps: Ask for number 14239
Answer: 14239.0
Question: what is the percent change?
| convfinqa1407 |
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
| 189.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
| convfinqa1408 |
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
| 167.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
| convfinqa1409 |
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
| 22.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
| convfinqa1410 |
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
| 0.13174 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
| convfinqa1411 |
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
Steps: divide(#0, 167)
Answer: 0.13174
Question: what about the non-cash stock-based compensation expense in 2014?
| 164.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
Steps: divide(#0, 167)
Answer: 0.13174
Question: what about the non-cash stock-based compensation expense in 2014?
| convfinqa1412 |
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
Steps: divide(#0, 167)
Answer: 0.13174
Question: what about the non-cash stock-based compensation expense in 2014?
Steps: Ask for number 164
Answer: 164.0
Question: what is the net change from 2013 to 2014?
| -25.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
Steps: divide(#0, 167)
Answer: 0.13174
Question: what about the non-cash stock-based compensation expense in 2014?
Steps: Ask for number 164
Answer: 164.0
Question: what is the net change from 2013 to 2014?
| convfinqa1413 |
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
Steps: divide(#0, 167)
Answer: 0.13174
Question: what about the non-cash stock-based compensation expense in 2014?
Steps: Ask for number 164
Answer: 164.0
Question: what is the net change from 2013 to 2014?
Steps: Ask for number 189
Answer: -25.0
Question: what percentage change does this represent?
| -0.13228 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 11 2013 stock-based compensation during 2014 , 2013 and 2012 , we recorded non-cash stock-based compensation expense totaling $ 164 million , $ 189 million and $ 167 million , which is included as a component of other unallocated , net on our statements of earnings .the net impact to earnings for the respective years was $ 107 million , $ 122 million and $ 108 million .as of december 31 , 2014 , we had $ 91 million of unrecognized compensation cost related to nonvested awards , which is expected to be recognized over a weighted average period of 1.6 years .we received cash from the exercise of stock options totaling $ 308 million , $ 827 million and $ 440 million during 2014 , 2013 and 2012 .in addition , our income tax liabilities for 2014 , 2013 and 2012 were reduced by $ 215 million , $ 158 million , $ 96 million due to recognized tax benefits on stock-based compensation arrangements .stock-based compensation plans under plans approved by our stockholders , we are authorized to grant key employees stock-based incentive awards , including options to purchase common stock , stock appreciation rights , restricted stock units ( rsus ) , performance stock units ( psus ) or other stock units .the exercise price of options to purchase common stock may not be less than the fair market value of our stock on the date of grant .no award of stock options may become fully vested prior to the third anniversary of the grant and no portion of a stock option grant may become vested in less than one year .the minimum vesting period for restricted stock or stock units payable in stock is three years .award agreements may provide for shorter or pro-rated vesting periods or vesting following termination of employment in the case of death , disability , divestiture , retirement , change of control or layoff .the maximum term of a stock option or any other award is 10 years .at december 31 , 2014 , inclusive of the shares reserved for outstanding stock options , rsus and psus , we had 19 million shares reserved for issuance under the plans .at december 31 , 2014 , 7.8 million of the shares reserved for issuance remained available for grant under our stock-based compensation plans .we issue new shares upon the exercise of stock options or when restrictions on rsus and psus have been satisfied .the following table summarizes activity related to nonvested rsus during 2014 : number of rsus ( in thousands ) weighted average grant-date fair value per share . | 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 rsus are valued based on the fair value of our common stock on the date of grant .employees who are granted rsus receive the right to receive shares of stock after completion of the vesting period ; however , the shares are not issued and the employees cannot sell or transfer shares prior to vesting and have no voting rights until the rsus vest , generally three years from the date of the award .employees who are granted rsus receive dividend-equivalent cash payments only upon vesting .for these rsu awards , the grant-date fair value is equal to the closing market price of our common stock on the date of grant less a discount to reflect the delay in payment of dividend-equivalent cash payments .we recognize the grant-date fair value of rsus , less estimated forfeitures , as compensation expense ratably over the requisite service period , which beginning with the rsus granted in 2013 is shorter than the vesting period if the employee is retirement eligible on the date of grant or will become retirement eligible before the end of the vesting period. .
Question: what is the non-cash stock-based compensation expense in 2013?
Steps: Ask for number 189
Answer: 189.0
Question: what about in 2012?
Steps: Ask for number 167
Answer: 167.0
Question: what is the net change?
Steps: subtract(189, 167)
Answer: 22.0
Question: what percentage change does this represent?
Steps: divide(#0, 167)
Answer: 0.13174
Question: what about the non-cash stock-based compensation expense in 2014?
Steps: Ask for number 164
Answer: 164.0
Question: what is the net change from 2013 to 2014?
Steps: Ask for number 189
Answer: -25.0
Question: what percentage change does this represent?
| convfinqa1414 |
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
| 101.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
| convfinqa1415 |
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
| 95.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
| convfinqa1416 |
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
Steps: Ask for number 95
Answer: 95.0
Question: what was, then, the change rate in the electricity supplied from 2001 to 2002?
| 1.06316 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
Steps: Ask for number 95
Answer: 95.0
Question: what was, then, the change rate in the electricity supplied from 2001 to 2002?
| convfinqa1417 |
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
Steps: Ask for number 95
Answer: 95.0
Question: what was, then, the change rate in the electricity supplied from 2001 to 2002?
Steps: divide(101, 95)
Answer: 1.06316
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
| 101.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
Steps: Ask for number 95
Answer: 95.0
Question: what was, then, the change rate in the electricity supplied from 2001 to 2002?
Steps: divide(101, 95)
Answer: 1.06316
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
| convfinqa1418 |
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
Steps: Ask for number 95
Answer: 95.0
Question: what was, then, the change rate in the electricity supplied from 2001 to 2002?
Steps: divide(101, 95)
Answer: 1.06316
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: given that same growth pattern from 2002, what would be the electricity supplied (in million mwhrs) in the year of 2003?
| 107.37895 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 .in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized .dominion energy 2002 2001 2000 ( millions , except per share amounts ) . ( millions except pershare amounts ) | 2002 | 2001 | 2000
operating revenue | $ 5940 | $ 6144 | $ 4894
operating expenses | 4520 | 4749 | 3939
net income contribution | 770 | 723 | 489
earnings per share contribution | $ 2.72 | $ 2.86 | $ 2.07
electricity supplied* ( million mwhrs ) | 101 | 95 | 83
gas transmission throughput ( bcf ) | 597 | 553 | 567 * amounts presented are for electricity supplied by utility and merchant generation operations .operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 .net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) .interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 .the earnings per share decrease reflected share dilution .regulated electric sales revenue increased $ 179 million .favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively .fuel rate recoveries increased approximately $ 65 million for 2002 .these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income .partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts .nonregulated electric sales revenue increased $ 9 million .sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 .revenue from the wholesale marketing of utility generation decreased $ 74 million .due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market .revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year .net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins .nonregulated gas sales revenue decreased $ 351 million .the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices .revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million .the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment .as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy .the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins .those losses were partially offset by contributions from higher trading volumes in gas and oil markets .gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates .electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations .substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year .for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation .purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations .this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes .liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period .the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments .other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year .depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations .other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: and what was that of 2001?
Steps: Ask for number 95
Answer: 95.0
Question: what was, then, the change rate in the electricity supplied from 2001 to 2002?
Steps: divide(101, 95)
Answer: 1.06316
Question: what was the electricity supplied (in million mwhrs) in the year of 2002?
Steps: Ask for number 101
Answer: 101.0
Question: given that same growth pattern from 2002, what would be the electricity supplied (in million mwhrs) in the year of 2003?
| convfinqa1419 |
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
| 200.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
| convfinqa1420 |
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
| 193.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
| convfinqa1421 |
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
| 7.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
| convfinqa1422 |
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
Steps: subtract(200, 193)
Answer: 7.0
Question: what percentage change does this represent?
| 0.03627 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
Steps: subtract(200, 193)
Answer: 7.0
Question: what percentage change does this represent?
| convfinqa1423 |
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
Steps: subtract(200, 193)
Answer: 7.0
Question: what percentage change does this represent?
Steps: Ask for number 193
Answer: 0.03627
Question: what amount of tax benefit would affect the effective tax rate if it is recognized?
| 56.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
Steps: subtract(200, 193)
Answer: 7.0
Question: what percentage change does this represent?
Steps: Ask for number 193
Answer: 0.03627
Question: what amount of tax benefit would affect the effective tax rate if it is recognized?
| convfinqa1424 |
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
Steps: subtract(200, 193)
Answer: 7.0
Question: what percentage change does this represent?
Steps: Ask for number 193
Answer: 0.03627
Question: what amount of tax benefit would affect the effective tax rate if it is recognized?
Steps: divide(#0, 193)
Answer: 56.0
Question: what portion of the end year balance does this represent?
| 0.28 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
determined 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 .as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 .of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation .the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 .this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards .the 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 .net operating losses in canada have various carryforward periods and began expiring in 2007 .net operating losses in germany have no expiration date .net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 .however , these losses are not available for use under the new ietu tax regulations in mexico .as 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 .the company adopted the provisions of fin 48 effective january 1 , 2007 .fin 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 .fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition .as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million .in 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 .liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions .a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) . | 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 included 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 .the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes .as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties .this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 .the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore .examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 .during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 .the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million .the 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| .
Question: what is the balance of unrecognized tax benefits at the end of 2007?
Steps: Ask for number 200
Answer: 200.0
Question: what about at the beginning of 2007?
Steps: Ask for number 193
Answer: 193.0
Question: what is the net change?
Steps: subtract(200, 193)
Answer: 7.0
Question: what percentage change does this represent?
Steps: Ask for number 193
Answer: 0.03627
Question: what amount of tax benefit would affect the effective tax rate if it is recognized?
Steps: divide(#0, 193)
Answer: 56.0
Question: what portion of the end year balance does this represent?
| convfinqa1425 |
for marketing .there are several methods that can be used to determine the estimated fair value of the ipr&d acquired in a business combination .we utilized the 201cincome method , 201d which applies a probability weighting to the estimated future net cash fl ows that are derived from projected sales revenues and estimated costs .these projec- tions are based on factors such as relevant market size , patent protection , historical pricing of similar products , and expected industry trends .the estimated future net cash fl ows are then discounted to the present value using an appropriate discount rate .this analysis is performed for each project independently .in accordance with fin 4 , applicability of fasb statement no .2 to business combinations accounted for by the purchase method , these acquired ipr&d intangible assets totaling $ 4.71 billion and $ 340.5 million in 2008 and 2007 , respectively , were expensed immediately subsequent to the acquisition because the products had no alternative future use .the ongoing activities with respect to each of these products in development are not material to our research and development expenses .in addition to the acquisitions of businesses , we also acquired several products in development .the acquired ipr&d related to these products of $ 122.0 million and $ 405.1 million in 2008 and 2007 , respectively , was also writ- ten off by a charge to income immediately upon acquisition because the products had no alternative future use .imclone acquisition on november 24 , 2008 , we acquired all of the outstanding shares of imclone systems inc .( imclone ) , a biopharma- ceutical company focused on advancing oncology care , for a total purchase price of approximately $ 6.5 billion , which was fi nanced through borrowings .this strategic combination will offer both targeted therapies and oncolytic agents along with a pipeline spanning all phases of clinical development .the combination also expands our bio- technology capabilities .the acquisition has been accounted for as a business combination under the purchase method of accounting , resulting in goodwill of $ 419.5 million .no portion of this goodwill is expected to be deductible for tax purposes .allocation of purchase price we are currently determining the fair values of a signifi cant portion of these net assets .the purchase price has been preliminarily allocated based on an estimate of the fair value of assets acquired and liabilities assumed as of the date of acquisition .the fi nal determination of these fair values will be completed as soon as possible but no later than one year from the acquisition date .although the fi nal determination may result in asset and liability fair values that are different than the preliminary estimates of these amounts included herein , it is not expected that those differences will be material to our fi nancial results .estimated fair value at november 24 , 2008 . cash and short-term investments | $ 982.9
inventories | 136.2
developed product technology ( erbitux ) 1 | 1057.9
goodwill | 419.5
property and equipment | 339.8
debt assumed | -600.0 ( 600.0 )
deferred taxes | -315.0 ( 315.0 )
deferred income | -127.7 ( 127.7 )
other assets and liabilities 2014 net | -72.1 ( 72.1 )
acquired in-process research and development | 4685.4
total purchase price | $ 6506.9 1this intangible asset will be amortized on a straight-line basis through 2023 in the u.s .and 2018 in the rest of the world .all of the estimated fair value of the acquired ipr&d is attributable to oncology-related products in develop- ment , including $ 1.33 billion to line extensions for erbitux .a signifi cant portion ( 81 percent ) of the remaining value of acquired ipr&d is attributable to two compounds in phase iii clinical testing and one compound in phase ii clini- cal testing , all targeted to treat various forms of cancers .the discount rate we used in valuing the acquired ipr&d projects was 13.5 percent , and the charge for acquired ipr&d of $ 4.69 billion recorded in the fourth quarter of 2008 , was not deductible for tax purposes .pro forma financial information the following unaudited pro forma fi nancial information presents the combined results of our operations with .
Question: how many years are between 2023 and 2008?
| 15.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
for marketing .there are several methods that can be used to determine the estimated fair value of the ipr&d acquired in a business combination .we utilized the 201cincome method , 201d which applies a probability weighting to the estimated future net cash fl ows that are derived from projected sales revenues and estimated costs .these projec- tions are based on factors such as relevant market size , patent protection , historical pricing of similar products , and expected industry trends .the estimated future net cash fl ows are then discounted to the present value using an appropriate discount rate .this analysis is performed for each project independently .in accordance with fin 4 , applicability of fasb statement no .2 to business combinations accounted for by the purchase method , these acquired ipr&d intangible assets totaling $ 4.71 billion and $ 340.5 million in 2008 and 2007 , respectively , were expensed immediately subsequent to the acquisition because the products had no alternative future use .the ongoing activities with respect to each of these products in development are not material to our research and development expenses .in addition to the acquisitions of businesses , we also acquired several products in development .the acquired ipr&d related to these products of $ 122.0 million and $ 405.1 million in 2008 and 2007 , respectively , was also writ- ten off by a charge to income immediately upon acquisition because the products had no alternative future use .imclone acquisition on november 24 , 2008 , we acquired all of the outstanding shares of imclone systems inc .( imclone ) , a biopharma- ceutical company focused on advancing oncology care , for a total purchase price of approximately $ 6.5 billion , which was fi nanced through borrowings .this strategic combination will offer both targeted therapies and oncolytic agents along with a pipeline spanning all phases of clinical development .the combination also expands our bio- technology capabilities .the acquisition has been accounted for as a business combination under the purchase method of accounting , resulting in goodwill of $ 419.5 million .no portion of this goodwill is expected to be deductible for tax purposes .allocation of purchase price we are currently determining the fair values of a signifi cant portion of these net assets .the purchase price has been preliminarily allocated based on an estimate of the fair value of assets acquired and liabilities assumed as of the date of acquisition .the fi nal determination of these fair values will be completed as soon as possible but no later than one year from the acquisition date .although the fi nal determination may result in asset and liability fair values that are different than the preliminary estimates of these amounts included herein , it is not expected that those differences will be material to our fi nancial results .estimated fair value at november 24 , 2008 . cash and short-term investments | $ 982.9
inventories | 136.2
developed product technology ( erbitux ) 1 | 1057.9
goodwill | 419.5
property and equipment | 339.8
debt assumed | -600.0 ( 600.0 )
deferred taxes | -315.0 ( 315.0 )
deferred income | -127.7 ( 127.7 )
other assets and liabilities 2014 net | -72.1 ( 72.1 )
acquired in-process research and development | 4685.4
total purchase price | $ 6506.9 1this intangible asset will be amortized on a straight-line basis through 2023 in the u.s .and 2018 in the rest of the world .all of the estimated fair value of the acquired ipr&d is attributable to oncology-related products in develop- ment , including $ 1.33 billion to line extensions for erbitux .a signifi cant portion ( 81 percent ) of the remaining value of acquired ipr&d is attributable to two compounds in phase iii clinical testing and one compound in phase ii clini- cal testing , all targeted to treat various forms of cancers .the discount rate we used in valuing the acquired ipr&d projects was 13.5 percent , and the charge for acquired ipr&d of $ 4.69 billion recorded in the fourth quarter of 2008 , was not deductible for tax purposes .pro forma financial information the following unaudited pro forma fi nancial information presents the combined results of our operations with .
Question: how many years are between 2023 and 2008?
| convfinqa1426 |
for marketing .there are several methods that can be used to determine the estimated fair value of the ipr&d acquired in a business combination .we utilized the 201cincome method , 201d which applies a probability weighting to the estimated future net cash fl ows that are derived from projected sales revenues and estimated costs .these projec- tions are based on factors such as relevant market size , patent protection , historical pricing of similar products , and expected industry trends .the estimated future net cash fl ows are then discounted to the present value using an appropriate discount rate .this analysis is performed for each project independently .in accordance with fin 4 , applicability of fasb statement no .2 to business combinations accounted for by the purchase method , these acquired ipr&d intangible assets totaling $ 4.71 billion and $ 340.5 million in 2008 and 2007 , respectively , were expensed immediately subsequent to the acquisition because the products had no alternative future use .the ongoing activities with respect to each of these products in development are not material to our research and development expenses .in addition to the acquisitions of businesses , we also acquired several products in development .the acquired ipr&d related to these products of $ 122.0 million and $ 405.1 million in 2008 and 2007 , respectively , was also writ- ten off by a charge to income immediately upon acquisition because the products had no alternative future use .imclone acquisition on november 24 , 2008 , we acquired all of the outstanding shares of imclone systems inc .( imclone ) , a biopharma- ceutical company focused on advancing oncology care , for a total purchase price of approximately $ 6.5 billion , which was fi nanced through borrowings .this strategic combination will offer both targeted therapies and oncolytic agents along with a pipeline spanning all phases of clinical development .the combination also expands our bio- technology capabilities .the acquisition has been accounted for as a business combination under the purchase method of accounting , resulting in goodwill of $ 419.5 million .no portion of this goodwill is expected to be deductible for tax purposes .allocation of purchase price we are currently determining the fair values of a signifi cant portion of these net assets .the purchase price has been preliminarily allocated based on an estimate of the fair value of assets acquired and liabilities assumed as of the date of acquisition .the fi nal determination of these fair values will be completed as soon as possible but no later than one year from the acquisition date .although the fi nal determination may result in asset and liability fair values that are different than the preliminary estimates of these amounts included herein , it is not expected that those differences will be material to our fi nancial results .estimated fair value at november 24 , 2008 . cash and short-term investments | $ 982.9
inventories | 136.2
developed product technology ( erbitux ) 1 | 1057.9
goodwill | 419.5
property and equipment | 339.8
debt assumed | -600.0 ( 600.0 )
deferred taxes | -315.0 ( 315.0 )
deferred income | -127.7 ( 127.7 )
other assets and liabilities 2014 net | -72.1 ( 72.1 )
acquired in-process research and development | 4685.4
total purchase price | $ 6506.9 1this intangible asset will be amortized on a straight-line basis through 2023 in the u.s .and 2018 in the rest of the world .all of the estimated fair value of the acquired ipr&d is attributable to oncology-related products in develop- ment , including $ 1.33 billion to line extensions for erbitux .a signifi cant portion ( 81 percent ) of the remaining value of acquired ipr&d is attributable to two compounds in phase iii clinical testing and one compound in phase ii clini- cal testing , all targeted to treat various forms of cancers .the discount rate we used in valuing the acquired ipr&d projects was 13.5 percent , and the charge for acquired ipr&d of $ 4.69 billion recorded in the fourth quarter of 2008 , was not deductible for tax purposes .pro forma financial information the following unaudited pro forma fi nancial information presents the combined results of our operations with .
Question: how many years are between 2023 and 2008?
Steps: subtract(2023, 2008)
Answer: 15.0
Question: what is the value of developed product technology?
| 1057.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
for marketing .there are several methods that can be used to determine the estimated fair value of the ipr&d acquired in a business combination .we utilized the 201cincome method , 201d which applies a probability weighting to the estimated future net cash fl ows that are derived from projected sales revenues and estimated costs .these projec- tions are based on factors such as relevant market size , patent protection , historical pricing of similar products , and expected industry trends .the estimated future net cash fl ows are then discounted to the present value using an appropriate discount rate .this analysis is performed for each project independently .in accordance with fin 4 , applicability of fasb statement no .2 to business combinations accounted for by the purchase method , these acquired ipr&d intangible assets totaling $ 4.71 billion and $ 340.5 million in 2008 and 2007 , respectively , were expensed immediately subsequent to the acquisition because the products had no alternative future use .the ongoing activities with respect to each of these products in development are not material to our research and development expenses .in addition to the acquisitions of businesses , we also acquired several products in development .the acquired ipr&d related to these products of $ 122.0 million and $ 405.1 million in 2008 and 2007 , respectively , was also writ- ten off by a charge to income immediately upon acquisition because the products had no alternative future use .imclone acquisition on november 24 , 2008 , we acquired all of the outstanding shares of imclone systems inc .( imclone ) , a biopharma- ceutical company focused on advancing oncology care , for a total purchase price of approximately $ 6.5 billion , which was fi nanced through borrowings .this strategic combination will offer both targeted therapies and oncolytic agents along with a pipeline spanning all phases of clinical development .the combination also expands our bio- technology capabilities .the acquisition has been accounted for as a business combination under the purchase method of accounting , resulting in goodwill of $ 419.5 million .no portion of this goodwill is expected to be deductible for tax purposes .allocation of purchase price we are currently determining the fair values of a signifi cant portion of these net assets .the purchase price has been preliminarily allocated based on an estimate of the fair value of assets acquired and liabilities assumed as of the date of acquisition .the fi nal determination of these fair values will be completed as soon as possible but no later than one year from the acquisition date .although the fi nal determination may result in asset and liability fair values that are different than the preliminary estimates of these amounts included herein , it is not expected that those differences will be material to our fi nancial results .estimated fair value at november 24 , 2008 . cash and short-term investments | $ 982.9
inventories | 136.2
developed product technology ( erbitux ) 1 | 1057.9
goodwill | 419.5
property and equipment | 339.8
debt assumed | -600.0 ( 600.0 )
deferred taxes | -315.0 ( 315.0 )
deferred income | -127.7 ( 127.7 )
other assets and liabilities 2014 net | -72.1 ( 72.1 )
acquired in-process research and development | 4685.4
total purchase price | $ 6506.9 1this intangible asset will be amortized on a straight-line basis through 2023 in the u.s .and 2018 in the rest of the world .all of the estimated fair value of the acquired ipr&d is attributable to oncology-related products in develop- ment , including $ 1.33 billion to line extensions for erbitux .a signifi cant portion ( 81 percent ) of the remaining value of acquired ipr&d is attributable to two compounds in phase iii clinical testing and one compound in phase ii clini- cal testing , all targeted to treat various forms of cancers .the discount rate we used in valuing the acquired ipr&d projects was 13.5 percent , and the charge for acquired ipr&d of $ 4.69 billion recorded in the fourth quarter of 2008 , was not deductible for tax purposes .pro forma financial information the following unaudited pro forma fi nancial information presents the combined results of our operations with .
Question: how many years are between 2023 and 2008?
Steps: subtract(2023, 2008)
Answer: 15.0
Question: what is the value of developed product technology?
| convfinqa1427 |
for marketing .there are several methods that can be used to determine the estimated fair value of the ipr&d acquired in a business combination .we utilized the 201cincome method , 201d which applies a probability weighting to the estimated future net cash fl ows that are derived from projected sales revenues and estimated costs .these projec- tions are based on factors such as relevant market size , patent protection , historical pricing of similar products , and expected industry trends .the estimated future net cash fl ows are then discounted to the present value using an appropriate discount rate .this analysis is performed for each project independently .in accordance with fin 4 , applicability of fasb statement no .2 to business combinations accounted for by the purchase method , these acquired ipr&d intangible assets totaling $ 4.71 billion and $ 340.5 million in 2008 and 2007 , respectively , were expensed immediately subsequent to the acquisition because the products had no alternative future use .the ongoing activities with respect to each of these products in development are not material to our research and development expenses .in addition to the acquisitions of businesses , we also acquired several products in development .the acquired ipr&d related to these products of $ 122.0 million and $ 405.1 million in 2008 and 2007 , respectively , was also writ- ten off by a charge to income immediately upon acquisition because the products had no alternative future use .imclone acquisition on november 24 , 2008 , we acquired all of the outstanding shares of imclone systems inc .( imclone ) , a biopharma- ceutical company focused on advancing oncology care , for a total purchase price of approximately $ 6.5 billion , which was fi nanced through borrowings .this strategic combination will offer both targeted therapies and oncolytic agents along with a pipeline spanning all phases of clinical development .the combination also expands our bio- technology capabilities .the acquisition has been accounted for as a business combination under the purchase method of accounting , resulting in goodwill of $ 419.5 million .no portion of this goodwill is expected to be deductible for tax purposes .allocation of purchase price we are currently determining the fair values of a signifi cant portion of these net assets .the purchase price has been preliminarily allocated based on an estimate of the fair value of assets acquired and liabilities assumed as of the date of acquisition .the fi nal determination of these fair values will be completed as soon as possible but no later than one year from the acquisition date .although the fi nal determination may result in asset and liability fair values that are different than the preliminary estimates of these amounts included herein , it is not expected that those differences will be material to our fi nancial results .estimated fair value at november 24 , 2008 . cash and short-term investments | $ 982.9
inventories | 136.2
developed product technology ( erbitux ) 1 | 1057.9
goodwill | 419.5
property and equipment | 339.8
debt assumed | -600.0 ( 600.0 )
deferred taxes | -315.0 ( 315.0 )
deferred income | -127.7 ( 127.7 )
other assets and liabilities 2014 net | -72.1 ( 72.1 )
acquired in-process research and development | 4685.4
total purchase price | $ 6506.9 1this intangible asset will be amortized on a straight-line basis through 2023 in the u.s .and 2018 in the rest of the world .all of the estimated fair value of the acquired ipr&d is attributable to oncology-related products in develop- ment , including $ 1.33 billion to line extensions for erbitux .a signifi cant portion ( 81 percent ) of the remaining value of acquired ipr&d is attributable to two compounds in phase iii clinical testing and one compound in phase ii clini- cal testing , all targeted to treat various forms of cancers .the discount rate we used in valuing the acquired ipr&d projects was 13.5 percent , and the charge for acquired ipr&d of $ 4.69 billion recorded in the fourth quarter of 2008 , was not deductible for tax purposes .pro forma financial information the following unaudited pro forma fi nancial information presents the combined results of our operations with .
Question: how many years are between 2023 and 2008?
Steps: subtract(2023, 2008)
Answer: 15.0
Question: what is the value of developed product technology?
Steps: Ask for number 1057.9
Answer: 1057.9
Question: what is that value divided by the number of years?
| 70.52667 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
for marketing .there are several methods that can be used to determine the estimated fair value of the ipr&d acquired in a business combination .we utilized the 201cincome method , 201d which applies a probability weighting to the estimated future net cash fl ows that are derived from projected sales revenues and estimated costs .these projec- tions are based on factors such as relevant market size , patent protection , historical pricing of similar products , and expected industry trends .the estimated future net cash fl ows are then discounted to the present value using an appropriate discount rate .this analysis is performed for each project independently .in accordance with fin 4 , applicability of fasb statement no .2 to business combinations accounted for by the purchase method , these acquired ipr&d intangible assets totaling $ 4.71 billion and $ 340.5 million in 2008 and 2007 , respectively , were expensed immediately subsequent to the acquisition because the products had no alternative future use .the ongoing activities with respect to each of these products in development are not material to our research and development expenses .in addition to the acquisitions of businesses , we also acquired several products in development .the acquired ipr&d related to these products of $ 122.0 million and $ 405.1 million in 2008 and 2007 , respectively , was also writ- ten off by a charge to income immediately upon acquisition because the products had no alternative future use .imclone acquisition on november 24 , 2008 , we acquired all of the outstanding shares of imclone systems inc .( imclone ) , a biopharma- ceutical company focused on advancing oncology care , for a total purchase price of approximately $ 6.5 billion , which was fi nanced through borrowings .this strategic combination will offer both targeted therapies and oncolytic agents along with a pipeline spanning all phases of clinical development .the combination also expands our bio- technology capabilities .the acquisition has been accounted for as a business combination under the purchase method of accounting , resulting in goodwill of $ 419.5 million .no portion of this goodwill is expected to be deductible for tax purposes .allocation of purchase price we are currently determining the fair values of a signifi cant portion of these net assets .the purchase price has been preliminarily allocated based on an estimate of the fair value of assets acquired and liabilities assumed as of the date of acquisition .the fi nal determination of these fair values will be completed as soon as possible but no later than one year from the acquisition date .although the fi nal determination may result in asset and liability fair values that are different than the preliminary estimates of these amounts included herein , it is not expected that those differences will be material to our fi nancial results .estimated fair value at november 24 , 2008 . cash and short-term investments | $ 982.9
inventories | 136.2
developed product technology ( erbitux ) 1 | 1057.9
goodwill | 419.5
property and equipment | 339.8
debt assumed | -600.0 ( 600.0 )
deferred taxes | -315.0 ( 315.0 )
deferred income | -127.7 ( 127.7 )
other assets and liabilities 2014 net | -72.1 ( 72.1 )
acquired in-process research and development | 4685.4
total purchase price | $ 6506.9 1this intangible asset will be amortized on a straight-line basis through 2023 in the u.s .and 2018 in the rest of the world .all of the estimated fair value of the acquired ipr&d is attributable to oncology-related products in develop- ment , including $ 1.33 billion to line extensions for erbitux .a signifi cant portion ( 81 percent ) of the remaining value of acquired ipr&d is attributable to two compounds in phase iii clinical testing and one compound in phase ii clini- cal testing , all targeted to treat various forms of cancers .the discount rate we used in valuing the acquired ipr&d projects was 13.5 percent , and the charge for acquired ipr&d of $ 4.69 billion recorded in the fourth quarter of 2008 , was not deductible for tax purposes .pro forma financial information the following unaudited pro forma fi nancial information presents the combined results of our operations with .
Question: how many years are between 2023 and 2008?
Steps: subtract(2023, 2008)
Answer: 15.0
Question: what is the value of developed product technology?
Steps: Ask for number 1057.9
Answer: 1057.9
Question: what is that value divided by the number of years?
| convfinqa1428 |
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
| 19.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
| convfinqa1429 |
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
| 26.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
| convfinqa1430 |
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
Steps: Ask for number 26
Answer: 26.0
Question: what is the difference?
| -7.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
Steps: Ask for number 26
Answer: 26.0
Question: what is the difference?
| convfinqa1431 |
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
Steps: Ask for number 26
Answer: 26.0
Question: what is the difference?
Steps: subtract(19, 26)
Answer: -7.0
Question: what was the 2013 value?
| 26.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
Steps: Ask for number 26
Answer: 26.0
Question: what is the difference?
Steps: subtract(19, 26)
Answer: -7.0
Question: what was the 2013 value?
| convfinqa1432 |
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
Steps: Ask for number 26
Answer: 26.0
Question: what is the difference?
Steps: subtract(19, 26)
Answer: -7.0
Question: what was the 2013 value?
Steps: Ask for number 26
Answer: 26.0
Question: what is the percent change?
| -0.26923 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
during 2014 , the company closed on thirteen acquisitions of various regulated water and wastewater systems for a total aggregate purchase price of $ 9 .assets acquired , principally plant , totaled $ 17 .liabilities assumed totaled $ 8 , including $ 5 of contributions in aid of construction and assumed debt of $ 2 .during 2013 , the company closed on fifteen acquisitions of various regulated water and wastewater systems for a total aggregate net purchase price of $ 24 .assets acquired , primarily utility plant , totaled $ 67 .liabilities assumed totaled $ 43 , including $ 26 of contributions in aid of construction and assumed debt of $ 13 .included 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 .the 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 .the purchase price was allocated to the net tangible and intangible assets based upon their estimated fair values at the date of acquisition .the company 2019s regulatory practice was followed whereby property , plant and equipment ( rate base ) was considered fair value for business combination purposes .similarly , regulatory assets and liabilities acquired were recorded at book value and are subject to regulatory approval where applicable .the acquired debt was valued in a manner consistent with the company 2019s level 3 debt .see note 17 2014fair value of financial instruments .non-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 .divestitures in november 2014 , the company completed the sale of terratec , previously included in the market-based businesses .after post-close adjustments , net proceeds from the sale totaled $ 1 , and the company recorded a pretax loss on sale of $ 1 .the following table summarizes the operating results of discontinued operations presented in the accompanying consolidated statements of operations for the years ended december 31: . | 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 ) the 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 .there were no assets or liabilities of discontinued operations in the accompanying consolidated balance sheets as of december 31 , 2015 and 2014. .
Question: what were total operating expenses net in 2014?
Steps: Ask for number 19
Answer: 19.0
Question: what were they in 2013?
Steps: Ask for number 26
Answer: 26.0
Question: what is the difference?
Steps: subtract(19, 26)
Answer: -7.0
Question: what was the 2013 value?
Steps: Ask for number 26
Answer: 26.0
Question: what is the percent change?
| convfinqa1433 |
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
| 2505.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
| convfinqa1434 |
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
Steps: Ask for number 2505
Answer: 2505.0
Question: what is the interest expense in 2015?
| 273.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
Steps: Ask for number 2505
Answer: 2505.0
Question: what is the interest expense in 2015?
| convfinqa1435 |
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
Steps: Ask for number 2505
Answer: 2505.0
Question: what is the interest expense in 2015?
Steps: Ask for number 273
Answer: 273.0
Question: what time-interest-earned ratio does this represent?
| 9.17582 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
Steps: Ask for number 2505
Answer: 2505.0
Question: what is the interest expense in 2015?
Steps: Ask for number 273
Answer: 273.0
Question: what time-interest-earned ratio does this represent?
| convfinqa1436 |
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
Steps: Ask for number 2505
Answer: 2505.0
Question: what is the interest expense in 2015?
Steps: Ask for number 273
Answer: 273.0
Question: what time-interest-earned ratio does this represent?
Steps: divide(2505, 273)
Answer: 9.17582
Question: what is the ratio of 2017 credit facility to the 2020 credit facility?
| 2.25 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on may 20 , 2015 , aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the 4.750% ( 4.750 % ) notes due may 2045 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .on september 30 , 2015 , $ 600 million of 3.50% ( 3.50 % ) senior notes issued by aon corporation matured and were repaid .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .the 2.80% ( 2.80 % ) notes due march 2021 are fully and unconditionally guaranteed by aon corporation .we used the proceeds of the issuance for general corporate purposes .credit facilities as of december 31 , 2015 , we had two committed credit facilities outstanding : our $ 400 million u.s .credit facility expiring in march 2017 ( the "2017 facility" ) and $ 900 million multi-currency u.s .credit facility expiring in february 2020 ( the "2020 facility" ) .the 2020 facility was entered into on february 2 , 2015 and replaced the previous 20ac650 million european credit facility .each of these facilities is intended to support our commercial paper obligations and our general working capital needs .in addition , each of these facilities includes customary representations , warranties and covenants , including financial covenants that require us to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , tested quarterly .at december 31 , 2015 , we did not have borrowings under either the 2017 facility or the 2020 facility , and we were in compliance with the financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 our total debt-to-ebitda ratio at december 31 , 2015 and 2014 , is calculated as follows: . years ended december 31, | 2015 | 2014
net income | 1422 | 1431
interest expense | 273 | 255
income taxes | 267 | 334
depreciation of fixed assets | 229 | 242
amortization of intangible assets | 314 | 352
total ebitda | 2505 | 2614
total debt | 5737 | 5582
total debt-to-ebitda ratio | 2.3 | 2.1 we use ebitda , as defined by our financial covenants , as a non-gaap measure .this supplemental information related to ebitda represents a measure not in accordance with u.s .gaap and should be viewed in addition to , not instead of , our consolidated financial statements and notes thereto .shelf registration statement on september 3 , 2015 , we filed a shelf registration statement with the sec , registering the offer and sale from time to time of an indeterminate amount of , among other securities , debt securities , preference shares , class a ordinary shares and convertible securities .our ability to access the market as a source of liquidity is dependent on investor demand , market conditions and other factors. .
Question: what is the total ebitda in 2015?
Steps: Ask for number 2505
Answer: 2505.0
Question: what is the interest expense in 2015?
Steps: Ask for number 273
Answer: 273.0
Question: what time-interest-earned ratio does this represent?
Steps: divide(2505, 273)
Answer: 9.17582
Question: what is the ratio of 2017 credit facility to the 2020 credit facility?
| convfinqa1437 |
entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds .( b ) the bonds are secured by a series of collateral first mortgage bonds .( c ) in december 2005 , entergy corporation sold 10 million equity units with a stated amount of $ 50 each .an equity unit consisted of ( 1 ) a note , initially due february 2011 and initially bearing interest at an annual rate of 5.75% ( 5.75 % ) , and ( 2 ) a purchase contract that obligated the holder of the equity unit to purchase for $ 50 between 0.5705 and 0.7074 shares of entergy corporation common stock on or before february 17 , 2009 .entergy paid the holders quarterly contract adjustment payments of 1.875% ( 1.875 % ) per year on the stated amount of $ 50 per equity unit .under the terms of the purchase contracts , entergy attempted to remarket the notes in february 2009 but was unsuccessful , the note holders put the notes to entergy , entergy retired the notes , and entergy issued 6598000 shares of common stock in the settlement of the purchase contracts .( d ) pursuant to the nuclear waste policy act of 1982 , entergy's nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service .the contracts include a one-time fee for generation prior to april 7 , 1983 .entergy 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 ( e ) the fair value excludes lease obligations , long-term doe obligations , and the note payable to nypa , and includes debt due within one year .it is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms .( f ) entergy gulf states louisiana remains primarily liable for all of the long-term debt issued by entergy gulf states , inc .that was outstanding on december 31 , 2008 and 2007 .under a debt assumption agreement with entergy gulf states louisiana , entergy texas assumed approximately 46% ( 46 % ) of this long-term debt .the annual long-term debt maturities ( excluding lease obligations ) for debt outstanding as of december 31 , 2008 , for the next five years are as follows : amount ( in thousands ) . | amount ( in thousands )
2009 | $ 516019
2010 | $ 763036
2011 | $ 897367
2012 | $ 3625459
2013 | $ 579461 in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .in accordance with the purchase agreement with nypa , the purchase of indian point 2 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 .this liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .in july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .under 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 .covenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .if entergy's debt ratio exceeds this limit , or if entergy or certain of the utility operating companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy texas , and system energy have received ferc long-term financing orders authorizing long-term securities issuances .entergy arkansas has .
Question: what was the net difference in debt maturities between 2011 and 2012?
| 2728092.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds .( b ) the bonds are secured by a series of collateral first mortgage bonds .( c ) in december 2005 , entergy corporation sold 10 million equity units with a stated amount of $ 50 each .an equity unit consisted of ( 1 ) a note , initially due february 2011 and initially bearing interest at an annual rate of 5.75% ( 5.75 % ) , and ( 2 ) a purchase contract that obligated the holder of the equity unit to purchase for $ 50 between 0.5705 and 0.7074 shares of entergy corporation common stock on or before february 17 , 2009 .entergy paid the holders quarterly contract adjustment payments of 1.875% ( 1.875 % ) per year on the stated amount of $ 50 per equity unit .under the terms of the purchase contracts , entergy attempted to remarket the notes in february 2009 but was unsuccessful , the note holders put the notes to entergy , entergy retired the notes , and entergy issued 6598000 shares of common stock in the settlement of the purchase contracts .( d ) pursuant to the nuclear waste policy act of 1982 , entergy's nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service .the contracts include a one-time fee for generation prior to april 7 , 1983 .entergy 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 ( e ) the fair value excludes lease obligations , long-term doe obligations , and the note payable to nypa , and includes debt due within one year .it is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms .( f ) entergy gulf states louisiana remains primarily liable for all of the long-term debt issued by entergy gulf states , inc .that was outstanding on december 31 , 2008 and 2007 .under a debt assumption agreement with entergy gulf states louisiana , entergy texas assumed approximately 46% ( 46 % ) of this long-term debt .the annual long-term debt maturities ( excluding lease obligations ) for debt outstanding as of december 31 , 2008 , for the next five years are as follows : amount ( in thousands ) . | amount ( in thousands )
2009 | $ 516019
2010 | $ 763036
2011 | $ 897367
2012 | $ 3625459
2013 | $ 579461 in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .in accordance with the purchase agreement with nypa , the purchase of indian point 2 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 .this liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .in july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .under 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 .covenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .if entergy's debt ratio exceeds this limit , or if entergy or certain of the utility operating companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy texas , and system energy have received ferc long-term financing orders authorizing long-term securities issuances .entergy arkansas has .
Question: what was the net difference in debt maturities between 2011 and 2012?
| convfinqa1438 |
entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds .( b ) the bonds are secured by a series of collateral first mortgage bonds .( c ) in december 2005 , entergy corporation sold 10 million equity units with a stated amount of $ 50 each .an equity unit consisted of ( 1 ) a note , initially due february 2011 and initially bearing interest at an annual rate of 5.75% ( 5.75 % ) , and ( 2 ) a purchase contract that obligated the holder of the equity unit to purchase for $ 50 between 0.5705 and 0.7074 shares of entergy corporation common stock on or before february 17 , 2009 .entergy paid the holders quarterly contract adjustment payments of 1.875% ( 1.875 % ) per year on the stated amount of $ 50 per equity unit .under the terms of the purchase contracts , entergy attempted to remarket the notes in february 2009 but was unsuccessful , the note holders put the notes to entergy , entergy retired the notes , and entergy issued 6598000 shares of common stock in the settlement of the purchase contracts .( d ) pursuant to the nuclear waste policy act of 1982 , entergy's nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service .the contracts include a one-time fee for generation prior to april 7 , 1983 .entergy 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 ( e ) the fair value excludes lease obligations , long-term doe obligations , and the note payable to nypa , and includes debt due within one year .it is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms .( f ) entergy gulf states louisiana remains primarily liable for all of the long-term debt issued by entergy gulf states , inc .that was outstanding on december 31 , 2008 and 2007 .under a debt assumption agreement with entergy gulf states louisiana , entergy texas assumed approximately 46% ( 46 % ) of this long-term debt .the annual long-term debt maturities ( excluding lease obligations ) for debt outstanding as of december 31 , 2008 , for the next five years are as follows : amount ( in thousands ) . | amount ( in thousands )
2009 | $ 516019
2010 | $ 763036
2011 | $ 897367
2012 | $ 3625459
2013 | $ 579461 in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .in accordance with the purchase agreement with nypa , the purchase of indian point 2 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 .this liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .in july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .under 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 .covenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .if entergy's debt ratio exceeds this limit , or if entergy or certain of the utility operating companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy texas , and system energy have received ferc long-term financing orders authorizing long-term securities issuances .entergy arkansas has .
Question: what was the net difference in debt maturities between 2011 and 2012?
Steps: subtract(3625459, 897367)
Answer: 2728092.0
Question: what was the value of debt maturities in 2011?
| 897367.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds .( b ) the bonds are secured by a series of collateral first mortgage bonds .( c ) in december 2005 , entergy corporation sold 10 million equity units with a stated amount of $ 50 each .an equity unit consisted of ( 1 ) a note , initially due february 2011 and initially bearing interest at an annual rate of 5.75% ( 5.75 % ) , and ( 2 ) a purchase contract that obligated the holder of the equity unit to purchase for $ 50 between 0.5705 and 0.7074 shares of entergy corporation common stock on or before february 17 , 2009 .entergy paid the holders quarterly contract adjustment payments of 1.875% ( 1.875 % ) per year on the stated amount of $ 50 per equity unit .under the terms of the purchase contracts , entergy attempted to remarket the notes in february 2009 but was unsuccessful , the note holders put the notes to entergy , entergy retired the notes , and entergy issued 6598000 shares of common stock in the settlement of the purchase contracts .( d ) pursuant to the nuclear waste policy act of 1982 , entergy's nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service .the contracts include a one-time fee for generation prior to april 7 , 1983 .entergy 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 ( e ) the fair value excludes lease obligations , long-term doe obligations , and the note payable to nypa , and includes debt due within one year .it is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms .( f ) entergy gulf states louisiana remains primarily liable for all of the long-term debt issued by entergy gulf states , inc .that was outstanding on december 31 , 2008 and 2007 .under a debt assumption agreement with entergy gulf states louisiana , entergy texas assumed approximately 46% ( 46 % ) of this long-term debt .the annual long-term debt maturities ( excluding lease obligations ) for debt outstanding as of december 31 , 2008 , for the next five years are as follows : amount ( in thousands ) . | amount ( in thousands )
2009 | $ 516019
2010 | $ 763036
2011 | $ 897367
2012 | $ 3625459
2013 | $ 579461 in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .in accordance with the purchase agreement with nypa , the purchase of indian point 2 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 .this liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .in july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .under 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 .covenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .if entergy's debt ratio exceeds this limit , or if entergy or certain of the utility operating companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy texas , and system energy have received ferc long-term financing orders authorizing long-term securities issuances .entergy arkansas has .
Question: what was the net difference in debt maturities between 2011 and 2012?
Steps: subtract(3625459, 897367)
Answer: 2728092.0
Question: what was the value of debt maturities in 2011?
| convfinqa1439 |
entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds .( b ) the bonds are secured by a series of collateral first mortgage bonds .( c ) in december 2005 , entergy corporation sold 10 million equity units with a stated amount of $ 50 each .an equity unit consisted of ( 1 ) a note , initially due february 2011 and initially bearing interest at an annual rate of 5.75% ( 5.75 % ) , and ( 2 ) a purchase contract that obligated the holder of the equity unit to purchase for $ 50 between 0.5705 and 0.7074 shares of entergy corporation common stock on or before february 17 , 2009 .entergy paid the holders quarterly contract adjustment payments of 1.875% ( 1.875 % ) per year on the stated amount of $ 50 per equity unit .under the terms of the purchase contracts , entergy attempted to remarket the notes in february 2009 but was unsuccessful , the note holders put the notes to entergy , entergy retired the notes , and entergy issued 6598000 shares of common stock in the settlement of the purchase contracts .( d ) pursuant to the nuclear waste policy act of 1982 , entergy's nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service .the contracts include a one-time fee for generation prior to april 7 , 1983 .entergy 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 ( e ) the fair value excludes lease obligations , long-term doe obligations , and the note payable to nypa , and includes debt due within one year .it is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms .( f ) entergy gulf states louisiana remains primarily liable for all of the long-term debt issued by entergy gulf states , inc .that was outstanding on december 31 , 2008 and 2007 .under a debt assumption agreement with entergy gulf states louisiana , entergy texas assumed approximately 46% ( 46 % ) of this long-term debt .the annual long-term debt maturities ( excluding lease obligations ) for debt outstanding as of december 31 , 2008 , for the next five years are as follows : amount ( in thousands ) . | amount ( in thousands )
2009 | $ 516019
2010 | $ 763036
2011 | $ 897367
2012 | $ 3625459
2013 | $ 579461 in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .in accordance with the purchase agreement with nypa , the purchase of indian point 2 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 .this liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .in july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .under 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 .covenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .if entergy's debt ratio exceeds this limit , or if entergy or certain of the utility operating companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy texas , and system energy have received ferc long-term financing orders authorizing long-term securities issuances .entergy arkansas has .
Question: what was the net difference in debt maturities between 2011 and 2012?
Steps: subtract(3625459, 897367)
Answer: 2728092.0
Question: what was the value of debt maturities in 2011?
Steps: Ask for number 897367
Answer: 897367.0
Question: now, what is the percent difference?
| 3.04011 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds .( b ) the bonds are secured by a series of collateral first mortgage bonds .( c ) in december 2005 , entergy corporation sold 10 million equity units with a stated amount of $ 50 each .an equity unit consisted of ( 1 ) a note , initially due february 2011 and initially bearing interest at an annual rate of 5.75% ( 5.75 % ) , and ( 2 ) a purchase contract that obligated the holder of the equity unit to purchase for $ 50 between 0.5705 and 0.7074 shares of entergy corporation common stock on or before february 17 , 2009 .entergy paid the holders quarterly contract adjustment payments of 1.875% ( 1.875 % ) per year on the stated amount of $ 50 per equity unit .under the terms of the purchase contracts , entergy attempted to remarket the notes in february 2009 but was unsuccessful , the note holders put the notes to entergy , entergy retired the notes , and entergy issued 6598000 shares of common stock in the settlement of the purchase contracts .( d ) pursuant to the nuclear waste policy act of 1982 , entergy's nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service .the contracts include a one-time fee for generation prior to april 7 , 1983 .entergy 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 ( e ) the fair value excludes lease obligations , long-term doe obligations , and the note payable to nypa , and includes debt due within one year .it is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms .( f ) entergy gulf states louisiana remains primarily liable for all of the long-term debt issued by entergy gulf states , inc .that was outstanding on december 31 , 2008 and 2007 .under a debt assumption agreement with entergy gulf states louisiana , entergy texas assumed approximately 46% ( 46 % ) of this long-term debt .the annual long-term debt maturities ( excluding lease obligations ) for debt outstanding as of december 31 , 2008 , for the next five years are as follows : amount ( in thousands ) . | amount ( in thousands )
2009 | $ 516019
2010 | $ 763036
2011 | $ 897367
2012 | $ 3625459
2013 | $ 579461 in november 2000 , entergy's non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction .entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing .these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) .in accordance with the purchase agreement with nypa , the purchase of indian point 2 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 .this liability was recorded upon the purchase of indian point 2 in september 2001 , and is included in the note payable to nypa balance above .in july 2003 , a payment of $ 102 million was made prior to maturity on the note payable to nypa .under 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 .covenants in the entergy corporation notes require it to maintain a consolidated debt ratio of 65% ( 65 % ) or less of its total capitalization .if entergy's debt ratio exceeds this limit , or if entergy or certain of the utility operating companies default on other indebtedness or are in bankruptcy or insolvency proceedings , an acceleration of the notes' maturity dates may occur .entergy gulf states louisiana , entergy louisiana , entergy mississippi , entergy texas , and system energy have received ferc long-term financing orders authorizing long-term securities issuances .entergy arkansas has .
Question: what was the net difference in debt maturities between 2011 and 2012?
Steps: subtract(3625459, 897367)
Answer: 2728092.0
Question: what was the value of debt maturities in 2011?
Steps: Ask for number 897367
Answer: 897367.0
Question: now, what is the percent difference?
| convfinqa1440 |
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
| 166137.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
| convfinqa1441 |
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
| 51232.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
| convfinqa1442 |
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
Steps: Ask for number 51232
Answer: 51232.0
Question: what is the sum of those 2 years?
| 217369.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
Steps: Ask for number 51232
Answer: 51232.0
Question: what is the sum of those 2 years?
| convfinqa1443 |
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
Steps: Ask for number 51232
Answer: 51232.0
Question: what is the sum of those 2 years?
Steps: add(166137, 51232)
Answer: 217369.0
Question: what was the value of receivables in 2015?
| 52742.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
Steps: Ask for number 51232
Answer: 51232.0
Question: what is the sum of those 2 years?
Steps: add(166137, 51232)
Answer: 217369.0
Question: what was the value of receivables in 2015?
| convfinqa1444 |
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
Steps: Ask for number 51232
Answer: 51232.0
Question: what is the sum of those 2 years?
Steps: add(166137, 51232)
Answer: 217369.0
Question: what was the value of receivables in 2015?
Steps: Ask for number 52742
Answer: 52742.0
Question: what is the sum of these 3 years?
| 270111.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy arkansas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. . 2017 | 2016 | 2015 | 2014
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
( $ 166137 ) | ( $ 51232 ) | ( $ 52742 ) | $ 2218 see note 4 to the financial statements for a description of the money pool .entergy arkansas has a credit facility in the amount of $ 150 million scheduled to expire in august 2022 .entergy 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 .as of december 31 , 2017 , there were no cash borrowings and no letters of credit outstanding under the credit facilities .in 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 .as of december 31 , 2017 , a $ 1 million letter of credit was outstanding under entergy arkansas 2019s uncommitted letter of credit facility .see note 4 to the financial statements for further discussion of the credit facilities .the 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 .see note 4 to the financial statements for further discussion of the nuclear fuel company variable interest entity credit facility .entergy 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 .see note 4 to the financial statements for further discussion of entergy arkansas 2019s short-term borrowing limits .the long-term securities issuances of entergy arkansas are limited to amounts authorized by the apsc , and the current authorization extends through december 2018 .entergy arkansas , inc .and 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 .the 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 .the filing requested a 10.2% ( 10.2 % ) return on common equity .in 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 .in 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 .a 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 .the 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 .a settlement hearing was held in january 2016 .in february 2016 the apsc approved the settlement with one exception that reduced the retail rate increase proposed in the settlement by $ 5 million .the settling parties agreed to the apsc modifications in february 2016 .the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 .in march 2016 , entergy arkansas made a compliance filing regarding the .
Question: what were the receivables due in 2017?
Steps: Ask for number 166137
Answer: 166137.0
Question: what were they in 2016?
Steps: Ask for number 51232
Answer: 51232.0
Question: what is the sum of those 2 years?
Steps: add(166137, 51232)
Answer: 217369.0
Question: what was the value of receivables in 2015?
Steps: Ask for number 52742
Answer: 52742.0
Question: what is the sum of these 3 years?
| convfinqa1445 |
united parcel service , inc .and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . | 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 ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items .cash from operating activities remained strong throughout the 2010 to 2012 time period .operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business .the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph .except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans .2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 .2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan .2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .postretirement medical benefit plans .as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans .as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .( see note 16 to the consolidated financial statements ) .excluding this portion of cash held outside the u.s .for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .the amount of cash held by our u.s .and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business .cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners .to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s .when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what was the difference in net cash from operating activities between 2011 and 2012?
| -143.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc .and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . | 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 ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items .cash from operating activities remained strong throughout the 2010 to 2012 time period .operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business .the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph .except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans .2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 .2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan .2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .postretirement medical benefit plans .as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans .as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .( see note 16 to the consolidated financial statements ) .excluding this portion of cash held outside the u.s .for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .the amount of cash held by our u.s .and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business .cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners .to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s .when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what was the difference in net cash from operating activities between 2011 and 2012?
| convfinqa1446 |
united parcel service , inc .and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . | 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 ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items .cash from operating activities remained strong throughout the 2010 to 2012 time period .operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business .the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph .except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans .2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 .2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan .2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .postretirement medical benefit plans .as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans .as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .( see note 16 to the consolidated financial statements ) .excluding this portion of cash held outside the u.s .for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .the amount of cash held by our u.s .and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business .cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners .to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s .when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what was the difference in net cash from operating activities between 2011 and 2012?
Steps: subtract(7073, 7216)
Answer: -143.0
Question: and the specific value for 2012 again>
| 7216.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc .and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . | 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 ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items .cash from operating activities remained strong throughout the 2010 to 2012 time period .operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business .the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph .except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans .2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 .2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan .2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .postretirement medical benefit plans .as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans .as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .( see note 16 to the consolidated financial statements ) .excluding this portion of cash held outside the u.s .for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .the amount of cash held by our u.s .and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business .cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners .to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s .when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what was the difference in net cash from operating activities between 2011 and 2012?
Steps: subtract(7073, 7216)
Answer: -143.0
Question: and the specific value for 2012 again>
| convfinqa1447 |
united parcel service , inc .and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . | 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 ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items .cash from operating activities remained strong throughout the 2010 to 2012 time period .operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business .the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph .except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans .2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 .2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan .2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .postretirement medical benefit plans .as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans .as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .( see note 16 to the consolidated financial statements ) .excluding this portion of cash held outside the u.s .for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .the amount of cash held by our u.s .and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business .cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners .to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s .when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what was the difference in net cash from operating activities between 2011 and 2012?
Steps: subtract(7073, 7216)
Answer: -143.0
Question: and the specific value for 2012 again>
Steps: Ask for number 7216
Answer: 7216.0
Question: so what was the percentage change?
| -0.01982 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc .and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . | 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 ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items .cash from operating activities remained strong throughout the 2010 to 2012 time period .operating cash flow was favorably impacted in 2012 , compared with 2011 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by changes in our working capital position , which was impacted by overall growth in the business .the change in the cash flows for income tax receivables and payables in 2011 and 2010 was primarily related to the timing of discretionary pension contributions during 2010 , as discussed further in the following paragraph .except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans .2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan .2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 .2022 in 2010 , we made $ 2.0 billion in discretionary contributions to our ups retirement and ups pension plans , and $ 980 million in required contributions to our ups ibt pension plan .2022 the remaining contributions in the 2010 through 2012 period were largely due to contributions to our international pension plans and u.s .postretirement medical benefit plans .as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans .as of december 31 , 2012 , the total of our worldwide holdings of cash and cash equivalents was $ 7.327 billion .approximately $ 4.211 billion of this amount was held in european subsidiaries with the intended purpose of completing the acquisition of tnt express n.v .( see note 16 to the consolidated financial statements ) .excluding this portion of cash held outside the u.s .for acquisition-related purposes , approximately 50%-60% ( 50%-60 % ) of the remaining cash and cash equivalents are held by foreign subsidiaries throughout the year .the amount of cash held by our u.s .and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business .cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners .to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s .when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what was the difference in net cash from operating activities between 2011 and 2012?
Steps: subtract(7073, 7216)
Answer: -143.0
Question: and the specific value for 2012 again>
Steps: Ask for number 7216
Answer: 7216.0
Question: so what was the percentage change?
| convfinqa1448 |
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
| 2506.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
| convfinqa1449 |
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
| 1923.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
| convfinqa1450 |
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
| 4429.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
| convfinqa1451 |
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
Steps: add(2506, 1923)
Answer: 4429.0
Question: what about the number of shares purchased as part of the plan during december 2013?
| 1379.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
Steps: add(2506, 1923)
Answer: 4429.0
Question: what about the number of shares purchased as part of the plan during december 2013?
| convfinqa1452 |
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
Steps: add(2506, 1923)
Answer: 4429.0
Question: what about the number of shares purchased as part of the plan during december 2013?
Steps: Ask for number 1379
Answer: 1379.0
Question: what is the total purchased as part of the plan during the fourth quarter of 2013?
| 5808.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
Steps: add(2506, 1923)
Answer: 4429.0
Question: what about the number of shares purchased as part of the plan during december 2013?
Steps: Ask for number 1379
Answer: 1379.0
Question: what is the total purchased as part of the plan during the fourth quarter of 2013?
| convfinqa1453 |
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
Steps: add(2506, 1923)
Answer: 4429.0
Question: what about the number of shares purchased as part of the plan during december 2013?
Steps: Ask for number 1379
Answer: 1379.0
Question: what is the total purchased as part of the plan during the fourth quarter of 2013?
Steps: add(#0, 1379)
Answer: 5808.0
Question: what portion of total purchased as part of the plan during the fourth quarter of 2013 occurred during december?
| 0.23654 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we 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 .we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report .our stock transfer agent and registrar is : computershare trust company , n.a .250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services .we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 .( a ) ( 2 ) none .( b ) not applicable .( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 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 ) . 2015 period | total sharespurchased ( a ) | averagepricepaid pershare | total sharespurchased aspartofpubliclyannouncedprograms ( b ) | maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )
october 1 2013 31 | 2528 | $ 89.24 | 2506 | 85413
november 1 2013 30 | 1923 | $ 94.06 | 1923 | 83490
december 1 2013 31 | 1379 | $ 95.20 | 1379 | 82111
total | 5830 | $ 92.24 | | ( 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 .note 12 employee benefit plans and note 13 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 .( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 .repurchases 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 , economic capital and 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 .our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 .this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) .in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion .30 the pnc financial services group , inc .2013 form 10-k .
Question: what is the total shares purchased as part of publicly announced programs during october 2013?
Steps: Ask for number 2506
Answer: 2506.0
Question: what about during november 2013?
Steps: Ask for number 1923
Answer: 1923.0
Question: what is the total for two months?
Steps: add(2506, 1923)
Answer: 4429.0
Question: what about the number of shares purchased as part of the plan during december 2013?
Steps: Ask for number 1379
Answer: 1379.0
Question: what is the total purchased as part of the plan during the fourth quarter of 2013?
Steps: add(#0, 1379)
Answer: 5808.0
Question: what portion of total purchased as part of the plan during the fourth quarter of 2013 occurred during december?
| convfinqa1454 |
guarantees we adopted fasb interpretation no .45 ( 201cfin 45 201d ) , 201cguarantor 2019s accounting and disclosure requirements for guarantees , including indirect guarantees of indebtedness of others 201d at the beginning of our fiscal 2003 .see 201crecent accounting pronouncements 201d for further information regarding fin 45 .the lease agreements for our three office buildings in san jose , california provide for residual value guarantees .these lease agreements were in place prior to december 31 , 2002 and are disclosed in note 14 .in the normal course of business , we provide indemnifications of varying scope to customers against claims of intellectual property infringement made by third parties arising from the use of our products .historically , costs related to these indemnification provisions have not been significant and we are unable to estimate the maximum potential impact of these indemnification provisions on our future results of operations .we have commitments to make certain milestone and/or retention payments typically entered into in conjunction with various acquisitions , for which we have made accruals in our consolidated financial statements .in connection with our purchases of technology assets during fiscal 2003 , we entered into employee retention agreements totaling $ 2.2 million .we are required to make payments upon satisfaction of certain conditions in the agreements .as permitted under delaware law , we have agreements whereby we indemnify our officers and directors for certain events or occurrences while the officer or director is , or was serving , at our request in such capacity .the indemnification period covers all pertinent events and occurrences during the officer 2019s or director 2019s lifetime .the maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited ; however , we have director and officer insurance coverage that limits our exposure and enables us to recover a portion of any future amounts paid .we believe the estimated fair value of these indemnification agreements in excess of applicable insurance coverage is minimal .as part of our limited partnership interests in adobe ventures , we have provided a general indemnification to granite ventures , an independent venture capital firm and sole general partner of adobe ventures , for certain events or occurrences while granite ventures is , or was serving , at our request in such capacity provided that granite ventures acts in good faith on behalf of the partnerships .we are unable to develop an estimate of the maximum potential amount of future payments that could potentially result from any hypothetical future claim , but believe the risk of having to make any payments under this general indemnification to be remote .we accrue for costs associated with future obligations which include costs for undetected bugs that are discovered only after the product is installed and used by customers .the accrual remaining at the end of fiscal 2003 primarily relates to new releases of our creative suites products during the fourth quarter of fiscal 2003 .the table below summarizes the activity related to the accrual during fiscal 2003 : balance at november 29 , 2002 accruals payments balance at november 28 , 2003 . balance at november 29 2002 | accruals | payments | balance at november 28 2003
$ 2014 | $ 5554 | $ -2369 ( 2369 ) | $ 3185 advertising expenses we expense all advertising costs as incurred and classify these costs under sales and marketing expense .advertising expenses for fiscal years 2003 , 2002 , and 2001 were $ 24.0 million , $ 26.7 million and $ 30.5 million , respectively .foreign currency and other hedging instruments statement of financial accounting standards no .133 ( 201csfas no .133 201d ) , 201caccounting for derivative instruments and hedging activities , 201d establishes accounting and reporting standards for derivative instruments and hedging activities and requires us to recognize these as either assets or liabilities on the balance sheet and measure them at fair value .as described in note 15 , gains and losses resulting from .
Question: what was the difference in advertising expense between 2001 and 2002?
| -3.8 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
guarantees we adopted fasb interpretation no .45 ( 201cfin 45 201d ) , 201cguarantor 2019s accounting and disclosure requirements for guarantees , including indirect guarantees of indebtedness of others 201d at the beginning of our fiscal 2003 .see 201crecent accounting pronouncements 201d for further information regarding fin 45 .the lease agreements for our three office buildings in san jose , california provide for residual value guarantees .these lease agreements were in place prior to december 31 , 2002 and are disclosed in note 14 .in the normal course of business , we provide indemnifications of varying scope to customers against claims of intellectual property infringement made by third parties arising from the use of our products .historically , costs related to these indemnification provisions have not been significant and we are unable to estimate the maximum potential impact of these indemnification provisions on our future results of operations .we have commitments to make certain milestone and/or retention payments typically entered into in conjunction with various acquisitions , for which we have made accruals in our consolidated financial statements .in connection with our purchases of technology assets during fiscal 2003 , we entered into employee retention agreements totaling $ 2.2 million .we are required to make payments upon satisfaction of certain conditions in the agreements .as permitted under delaware law , we have agreements whereby we indemnify our officers and directors for certain events or occurrences while the officer or director is , or was serving , at our request in such capacity .the indemnification period covers all pertinent events and occurrences during the officer 2019s or director 2019s lifetime .the maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited ; however , we have director and officer insurance coverage that limits our exposure and enables us to recover a portion of any future amounts paid .we believe the estimated fair value of these indemnification agreements in excess of applicable insurance coverage is minimal .as part of our limited partnership interests in adobe ventures , we have provided a general indemnification to granite ventures , an independent venture capital firm and sole general partner of adobe ventures , for certain events or occurrences while granite ventures is , or was serving , at our request in such capacity provided that granite ventures acts in good faith on behalf of the partnerships .we are unable to develop an estimate of the maximum potential amount of future payments that could potentially result from any hypothetical future claim , but believe the risk of having to make any payments under this general indemnification to be remote .we accrue for costs associated with future obligations which include costs for undetected bugs that are discovered only after the product is installed and used by customers .the accrual remaining at the end of fiscal 2003 primarily relates to new releases of our creative suites products during the fourth quarter of fiscal 2003 .the table below summarizes the activity related to the accrual during fiscal 2003 : balance at november 29 , 2002 accruals payments balance at november 28 , 2003 . balance at november 29 2002 | accruals | payments | balance at november 28 2003
$ 2014 | $ 5554 | $ -2369 ( 2369 ) | $ 3185 advertising expenses we expense all advertising costs as incurred and classify these costs under sales and marketing expense .advertising expenses for fiscal years 2003 , 2002 , and 2001 were $ 24.0 million , $ 26.7 million and $ 30.5 million , respectively .foreign currency and other hedging instruments statement of financial accounting standards no .133 ( 201csfas no .133 201d ) , 201caccounting for derivative instruments and hedging activities , 201d establishes accounting and reporting standards for derivative instruments and hedging activities and requires us to recognize these as either assets or liabilities on the balance sheet and measure them at fair value .as described in note 15 , gains and losses resulting from .
Question: what was the difference in advertising expense between 2001 and 2002?
| convfinqa1455 |
guarantees we adopted fasb interpretation no .45 ( 201cfin 45 201d ) , 201cguarantor 2019s accounting and disclosure requirements for guarantees , including indirect guarantees of indebtedness of others 201d at the beginning of our fiscal 2003 .see 201crecent accounting pronouncements 201d for further information regarding fin 45 .the lease agreements for our three office buildings in san jose , california provide for residual value guarantees .these lease agreements were in place prior to december 31 , 2002 and are disclosed in note 14 .in the normal course of business , we provide indemnifications of varying scope to customers against claims of intellectual property infringement made by third parties arising from the use of our products .historically , costs related to these indemnification provisions have not been significant and we are unable to estimate the maximum potential impact of these indemnification provisions on our future results of operations .we have commitments to make certain milestone and/or retention payments typically entered into in conjunction with various acquisitions , for which we have made accruals in our consolidated financial statements .in connection with our purchases of technology assets during fiscal 2003 , we entered into employee retention agreements totaling $ 2.2 million .we are required to make payments upon satisfaction of certain conditions in the agreements .as permitted under delaware law , we have agreements whereby we indemnify our officers and directors for certain events or occurrences while the officer or director is , or was serving , at our request in such capacity .the indemnification period covers all pertinent events and occurrences during the officer 2019s or director 2019s lifetime .the maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited ; however , we have director and officer insurance coverage that limits our exposure and enables us to recover a portion of any future amounts paid .we believe the estimated fair value of these indemnification agreements in excess of applicable insurance coverage is minimal .as part of our limited partnership interests in adobe ventures , we have provided a general indemnification to granite ventures , an independent venture capital firm and sole general partner of adobe ventures , for certain events or occurrences while granite ventures is , or was serving , at our request in such capacity provided that granite ventures acts in good faith on behalf of the partnerships .we are unable to develop an estimate of the maximum potential amount of future payments that could potentially result from any hypothetical future claim , but believe the risk of having to make any payments under this general indemnification to be remote .we accrue for costs associated with future obligations which include costs for undetected bugs that are discovered only after the product is installed and used by customers .the accrual remaining at the end of fiscal 2003 primarily relates to new releases of our creative suites products during the fourth quarter of fiscal 2003 .the table below summarizes the activity related to the accrual during fiscal 2003 : balance at november 29 , 2002 accruals payments balance at november 28 , 2003 . balance at november 29 2002 | accruals | payments | balance at november 28 2003
$ 2014 | $ 5554 | $ -2369 ( 2369 ) | $ 3185 advertising expenses we expense all advertising costs as incurred and classify these costs under sales and marketing expense .advertising expenses for fiscal years 2003 , 2002 , and 2001 were $ 24.0 million , $ 26.7 million and $ 30.5 million , respectively .foreign currency and other hedging instruments statement of financial accounting standards no .133 ( 201csfas no .133 201d ) , 201caccounting for derivative instruments and hedging activities , 201d establishes accounting and reporting standards for derivative instruments and hedging activities and requires us to recognize these as either assets or liabilities on the balance sheet and measure them at fair value .as described in note 15 , gains and losses resulting from .
Question: what was the difference in advertising expense between 2001 and 2002?
Steps: subtract(26.7, 30.5)
Answer: -3.8
Question: and the growth rate during this time?
| -0.12459 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
guarantees we adopted fasb interpretation no .45 ( 201cfin 45 201d ) , 201cguarantor 2019s accounting and disclosure requirements for guarantees , including indirect guarantees of indebtedness of others 201d at the beginning of our fiscal 2003 .see 201crecent accounting pronouncements 201d for further information regarding fin 45 .the lease agreements for our three office buildings in san jose , california provide for residual value guarantees .these lease agreements were in place prior to december 31 , 2002 and are disclosed in note 14 .in the normal course of business , we provide indemnifications of varying scope to customers against claims of intellectual property infringement made by third parties arising from the use of our products .historically , costs related to these indemnification provisions have not been significant and we are unable to estimate the maximum potential impact of these indemnification provisions on our future results of operations .we have commitments to make certain milestone and/or retention payments typically entered into in conjunction with various acquisitions , for which we have made accruals in our consolidated financial statements .in connection with our purchases of technology assets during fiscal 2003 , we entered into employee retention agreements totaling $ 2.2 million .we are required to make payments upon satisfaction of certain conditions in the agreements .as permitted under delaware law , we have agreements whereby we indemnify our officers and directors for certain events or occurrences while the officer or director is , or was serving , at our request in such capacity .the indemnification period covers all pertinent events and occurrences during the officer 2019s or director 2019s lifetime .the maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited ; however , we have director and officer insurance coverage that limits our exposure and enables us to recover a portion of any future amounts paid .we believe the estimated fair value of these indemnification agreements in excess of applicable insurance coverage is minimal .as part of our limited partnership interests in adobe ventures , we have provided a general indemnification to granite ventures , an independent venture capital firm and sole general partner of adobe ventures , for certain events or occurrences while granite ventures is , or was serving , at our request in such capacity provided that granite ventures acts in good faith on behalf of the partnerships .we are unable to develop an estimate of the maximum potential amount of future payments that could potentially result from any hypothetical future claim , but believe the risk of having to make any payments under this general indemnification to be remote .we accrue for costs associated with future obligations which include costs for undetected bugs that are discovered only after the product is installed and used by customers .the accrual remaining at the end of fiscal 2003 primarily relates to new releases of our creative suites products during the fourth quarter of fiscal 2003 .the table below summarizes the activity related to the accrual during fiscal 2003 : balance at november 29 , 2002 accruals payments balance at november 28 , 2003 . balance at november 29 2002 | accruals | payments | balance at november 28 2003
$ 2014 | $ 5554 | $ -2369 ( 2369 ) | $ 3185 advertising expenses we expense all advertising costs as incurred and classify these costs under sales and marketing expense .advertising expenses for fiscal years 2003 , 2002 , and 2001 were $ 24.0 million , $ 26.7 million and $ 30.5 million , respectively .foreign currency and other hedging instruments statement of financial accounting standards no .133 ( 201csfas no .133 201d ) , 201caccounting for derivative instruments and hedging activities , 201d establishes accounting and reporting standards for derivative instruments and hedging activities and requires us to recognize these as either assets or liabilities on the balance sheet and measure them at fair value .as described in note 15 , gains and losses resulting from .
Question: what was the difference in advertising expense between 2001 and 2002?
Steps: subtract(26.7, 30.5)
Answer: -3.8
Question: and the growth rate during this time?
| convfinqa1456 |
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
| 510.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
| convfinqa1457 |
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
Steps: Ask for number 510
Answer: 510.0
Question: what were they in 2007?
| 1813.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
Steps: Ask for number 510
Answer: 510.0
Question: what were they in 2007?
| convfinqa1458 |
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
Steps: Ask for number 510
Answer: 510.0
Question: what were they in 2007?
Steps: Ask for number 1813
Answer: 1813.0
Question: what is the net difference?
| -1303.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
Steps: Ask for number 510
Answer: 510.0
Question: what were they in 2007?
Steps: Ask for number 1813
Answer: 1813.0
Question: what is the net difference?
| convfinqa1459 |
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
Steps: Ask for number 510
Answer: 510.0
Question: what were they in 2007?
Steps: Ask for number 1813
Answer: 1813.0
Question: what is the net difference?
Steps: subtract(510, 1813)
Answer: -1303.0
Question: what is the difference divided by the 2007 value?
| -0.7187 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items .at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . in millions of dollars | 2009 | 2008 | 2007
net interest revenue | $ -1663 ( 1663 ) | $ -2680 ( 2680 ) | $ -2008 ( 2008 )
non-interest revenue | -8893 ( 8893 ) | 422 | -302 ( 302 )
total revenues net of interest expense | $ -10556 ( 10556 ) | $ -2258 ( 2258 ) | $ -2310 ( 2310 )
total operating expenses | $ 1420 | $ 510 | $ 1813
provisions for loan losses and for benefits and claims | -1 ( 1 ) | 1 | -3 ( 3 )
( loss ) from continuing operations before taxes | $ -11975 ( 11975 ) | $ -2769 ( 2769 ) | $ -4120 ( 4120 )
income taxes ( benefits ) | -4369 ( 4369 ) | -587 ( 587 ) | -1446 ( 1446 )
( loss ) from continuing operations | $ -7606 ( 7606 ) | $ -2182 ( 2182 ) | $ -2674 ( 2674 )
income ( loss ) from discontinued operations net of taxes | -445 ( 445 ) | 4002 | 708
net income ( loss ) before attribution of noncontrolling interests | $ -8051 ( 8051 ) | $ 1820 | $ -1966 ( 1966 )
net income attributable to noncontrolling interests | 2014 | 2014 | 2
net income ( loss ) | $ -8051 ( 8051 ) | $ 1820 | $ -1968 ( 1968 ) 2009 vs .2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s .government .revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t .this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations .operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves .2008 vs .2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities .operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. .
Question: what were operating expenses in 2008?
Steps: Ask for number 510
Answer: 510.0
Question: what were they in 2007?
Steps: Ask for number 1813
Answer: 1813.0
Question: what is the net difference?
Steps: subtract(510, 1813)
Answer: -1303.0
Question: what is the difference divided by the 2007 value?
| convfinqa1460 |
58 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 .crown is one of the leading component and product finishers in north america .crown applies coatings to customers 2019 manufactured parts and assembled products at 11 u.s .sites .most of crown 2019s facilities , which also provide assembly , warehousing and sequencing services , are located at customer facilities or positioned near customer manufacturing sites .the company serves manufacturers in the automotive , agriculture , construction , heavy truck and alternative energy industries .the 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 .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .taiwan 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 .in conjunction with the 2013 separation of its commodity chemicals business , ppg conveyed to axiall corporation ( "axiall" ) its 60% ( 60 % ) ownership interest in tci .under 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 .in turn , axiall had a right to designate ppg as its designee to purchase the 40% ( 40 % ) ownership interest of cpdc .in april 2016 , axiall announced that cpdc had decided to sell its ownership interest in tci to axiall .in june 2016 , axiall formally designated ppg to purchase the 40% ( 40 % ) ownership interest in tci .in august 2016 , westlake chemical corporation acquired axiall , which became a wholly-owned subsidiary of westlake .in april 2017 , ppg finalized its purchase of cpdc 2019s 40% ( 40 % ) ownership interest in tci .the 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 .ppg 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 .metokote applies coatings to customers' manufactured parts and assembled products .it 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 .customers ship parts to metokote ae service centers where they are treated to enhance paint adhesion and painted with electrocoat , powder or liquid coatings technologies .coated parts are then shipped to the customer 2019s next stage of assembly .metokote coats an average of more than 1.5 million parts per day .the following table summarizes the estimated fair value of assets acquired and liabilities assumed as reflected in the final purchase price allocation for metokote .( $ in millions ) . 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 ( a ) the net deferred income tax liability is included in assets due to the company's tax jurisdictional netting .the 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 .while calculating this impact , no cost savings or operating synergies that may result from the acquisition were included .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .notes to the consolidated financial statements .
Question: what is the sum of identifiable intangible assets with finite lives and goodwill?
| 252.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
58 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 .crown is one of the leading component and product finishers in north america .crown applies coatings to customers 2019 manufactured parts and assembled products at 11 u.s .sites .most of crown 2019s facilities , which also provide assembly , warehousing and sequencing services , are located at customer facilities or positioned near customer manufacturing sites .the company serves manufacturers in the automotive , agriculture , construction , heavy truck and alternative energy industries .the 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 .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .taiwan 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 .in conjunction with the 2013 separation of its commodity chemicals business , ppg conveyed to axiall corporation ( "axiall" ) its 60% ( 60 % ) ownership interest in tci .under 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 .in turn , axiall had a right to designate ppg as its designee to purchase the 40% ( 40 % ) ownership interest of cpdc .in april 2016 , axiall announced that cpdc had decided to sell its ownership interest in tci to axiall .in june 2016 , axiall formally designated ppg to purchase the 40% ( 40 % ) ownership interest in tci .in august 2016 , westlake chemical corporation acquired axiall , which became a wholly-owned subsidiary of westlake .in april 2017 , ppg finalized its purchase of cpdc 2019s 40% ( 40 % ) ownership interest in tci .the 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 .ppg 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 .metokote applies coatings to customers' manufactured parts and assembled products .it 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 .customers ship parts to metokote ae service centers where they are treated to enhance paint adhesion and painted with electrocoat , powder or liquid coatings technologies .coated parts are then shipped to the customer 2019s next stage of assembly .metokote coats an average of more than 1.5 million parts per day .the following table summarizes the estimated fair value of assets acquired and liabilities assumed as reflected in the final purchase price allocation for metokote .( $ in millions ) . 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 ( a ) the net deferred income tax liability is included in assets due to the company's tax jurisdictional netting .the 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 .while calculating this impact , no cost savings or operating synergies that may result from the acquisition were included .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .notes to the consolidated financial statements .
Question: what is the sum of identifiable intangible assets with finite lives and goodwill?
| convfinqa1461 |
58 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 .crown is one of the leading component and product finishers in north america .crown applies coatings to customers 2019 manufactured parts and assembled products at 11 u.s .sites .most of crown 2019s facilities , which also provide assembly , warehousing and sequencing services , are located at customer facilities or positioned near customer manufacturing sites .the company serves manufacturers in the automotive , agriculture , construction , heavy truck and alternative energy industries .the 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 .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .taiwan 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 .in conjunction with the 2013 separation of its commodity chemicals business , ppg conveyed to axiall corporation ( "axiall" ) its 60% ( 60 % ) ownership interest in tci .under 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 .in turn , axiall had a right to designate ppg as its designee to purchase the 40% ( 40 % ) ownership interest of cpdc .in april 2016 , axiall announced that cpdc had decided to sell its ownership interest in tci to axiall .in june 2016 , axiall formally designated ppg to purchase the 40% ( 40 % ) ownership interest in tci .in august 2016 , westlake chemical corporation acquired axiall , which became a wholly-owned subsidiary of westlake .in april 2017 , ppg finalized its purchase of cpdc 2019s 40% ( 40 % ) ownership interest in tci .the 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 .ppg 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 .metokote applies coatings to customers' manufactured parts and assembled products .it 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 .customers ship parts to metokote ae service centers where they are treated to enhance paint adhesion and painted with electrocoat , powder or liquid coatings technologies .coated parts are then shipped to the customer 2019s next stage of assembly .metokote coats an average of more than 1.5 million parts per day .the following table summarizes the estimated fair value of assets acquired and liabilities assumed as reflected in the final purchase price allocation for metokote .( $ in millions ) . 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 ( a ) the net deferred income tax liability is included in assets due to the company's tax jurisdictional netting .the 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 .while calculating this impact , no cost savings or operating synergies that may result from the acquisition were included .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .notes to the consolidated financial statements .
Question: what is the sum of identifiable intangible assets with finite lives and goodwill?
Steps: add(86, 166)
Answer: 252.0
Question: what is that sum divided by total purchase price net of cash acquired?
| 0.82353 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
58 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 .crown is one of the leading component and product finishers in north america .crown applies coatings to customers 2019 manufactured parts and assembled products at 11 u.s .sites .most of crown 2019s facilities , which also provide assembly , warehousing and sequencing services , are located at customer facilities or positioned near customer manufacturing sites .the company serves manufacturers in the automotive , agriculture , construction , heavy truck and alternative energy industries .the 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 .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .taiwan 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 .in conjunction with the 2013 separation of its commodity chemicals business , ppg conveyed to axiall corporation ( "axiall" ) its 60% ( 60 % ) ownership interest in tci .under 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 .in turn , axiall had a right to designate ppg as its designee to purchase the 40% ( 40 % ) ownership interest of cpdc .in april 2016 , axiall announced that cpdc had decided to sell its ownership interest in tci to axiall .in june 2016 , axiall formally designated ppg to purchase the 40% ( 40 % ) ownership interest in tci .in august 2016 , westlake chemical corporation acquired axiall , which became a wholly-owned subsidiary of westlake .in april 2017 , ppg finalized its purchase of cpdc 2019s 40% ( 40 % ) ownership interest in tci .the 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 .ppg 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 .metokote applies coatings to customers' manufactured parts and assembled products .it 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 .customers ship parts to metokote ae service centers where they are treated to enhance paint adhesion and painted with electrocoat , powder or liquid coatings technologies .coated parts are then shipped to the customer 2019s next stage of assembly .metokote coats an average of more than 1.5 million parts per day .the following table summarizes the estimated fair value of assets acquired and liabilities assumed as reflected in the final purchase price allocation for metokote .( $ in millions ) . 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 ( a ) the net deferred income tax liability is included in assets due to the company's tax jurisdictional netting .the 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 .while calculating this impact , no cost savings or operating synergies that may result from the acquisition were included .the results of this business since the date of acquisition have been reported within the industrial coatings business within the industrial coatings reportable segment .notes to the consolidated financial statements .
Question: what is the sum of identifiable intangible assets with finite lives and goodwill?
Steps: add(86, 166)
Answer: 252.0
Question: what is that sum divided by total purchase price net of cash acquired?
| convfinqa1462 |
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
| 45366.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
| convfinqa1463 |
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
| 47369.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
| convfinqa1464 |
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
Steps: Ask for number 47369
Answer: 47369.0
Question: so what was the difference in these two values?
| -2003.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
Steps: Ask for number 47369
Answer: 47369.0
Question: so what was the difference in these two values?
| convfinqa1465 |
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
Steps: Ask for number 47369
Answer: 47369.0
Question: so what was the difference in these two values?
Steps: subtract(45366, 47369)
Answer: -2003.0
Question: and the value for 2014 again?
| 47369.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
Steps: Ask for number 47369
Answer: 47369.0
Question: so what was the difference in these two values?
Steps: subtract(45366, 47369)
Answer: -2003.0
Question: and the value for 2014 again?
| convfinqa1466 |
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
Steps: Ask for number 47369
Answer: 47369.0
Question: so what was the difference in these two values?
Steps: subtract(45366, 47369)
Answer: -2003.0
Question: and the value for 2014 again?
Steps: Ask for number 47369
Answer: 47369.0
Question: and the percentage change during this time?
| -0.04229 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured .both the amount and the duration of the cash flows are considered from a market participant perspective .our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors .where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation .the adjusted future cash flows are then discounted to present value using an appropriate discount rate .projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money .the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities .valuation techniques consistent with the market approach often use market multiples derived from a set of comparables .the 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 property , plant and equipment .the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation .the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes .substantially all of the goodwill was assigned to our rms business .the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky .determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates .the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance .use of different estimates and judgments could yield different results .impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 .as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results .from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition .we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred .these costs are included in other income , net on our consolidated statements of earnings .we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition .the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt .supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . | 2015 | 2014
net sales | $ 45366 | $ 47369
net earnings | 3534 | 3475
basic earnings per common share | 11.39 | 10.97
diluted earnings per common share | 11.23 | 10.78 the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 .significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition .these .
Question: what was the net sales in 2015?
Steps: Ask for number 45366
Answer: 45366.0
Question: and in 2014?
Steps: Ask for number 47369
Answer: 47369.0
Question: so what was the difference in these two values?
Steps: subtract(45366, 47369)
Answer: -2003.0
Question: and the value for 2014 again?
Steps: Ask for number 47369
Answer: 47369.0
Question: and the percentage change during this time?
| convfinqa1467 |
item 7 .management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe .our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis .2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil .2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g .certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business .these statements typically contain words such as "anticipates" "believes" "estimates" "expects" "targets" "plans" "projects" "could" "may" "should" "would" or similar words indicating that future outcomes are uncertain .in accordance with "safe harbor" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements .for additional risk factors affecting our business , see item 1a .risk factors in this annual report on form 10-k .management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 .business , item 1a .risk factors and item 8 .financial statements and supplementary data found in this annual report on form 10-k .spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc .marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held .a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off .activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 .financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) .overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows .the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . benchmark | 2012 | 2011 | 2010
wti crude oil ( dollars per bbl ) | $ 94.15 | $ 95.11 | $ 79.61
brent ( europe ) crude oil ( dollars per bbl ) | $ 111.65 | $ 111.26 | $ 79.51
henry hub natural gas ( dollars per mmbtu ) ( a ) | $ 2.79 | $ 4.04 | $ 4.39 henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average .liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 .in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti .the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s .liquid hydrocarbon realizations to differ from the wti benchmark .in 2012 , 2011 and 2010 , the percentage of our u.s .crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent .sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti .the percentage of our u.s .crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines .in recent years , crude oil sold along the u.s .gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti .ngls were 10 percent , 7 percent and 6 percent of our u.s .liquid hydrocarbon sales in 2012 , 2011 and 2010 .in 2012 , our sales of ngls increased due to our development of u.s .unconventional liquids-rich plays. .
Question: what was the difference in the average price of wti crude oil between 2010 and 2012?
| 14.54 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
item 7 .management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe .our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis .2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil .2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g .certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business .these statements typically contain words such as "anticipates" "believes" "estimates" "expects" "targets" "plans" "projects" "could" "may" "should" "would" or similar words indicating that future outcomes are uncertain .in accordance with "safe harbor" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements .for additional risk factors affecting our business , see item 1a .risk factors in this annual report on form 10-k .management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 .business , item 1a .risk factors and item 8 .financial statements and supplementary data found in this annual report on form 10-k .spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc .marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held .a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off .activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 .financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) .overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows .the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . benchmark | 2012 | 2011 | 2010
wti crude oil ( dollars per bbl ) | $ 94.15 | $ 95.11 | $ 79.61
brent ( europe ) crude oil ( dollars per bbl ) | $ 111.65 | $ 111.26 | $ 79.51
henry hub natural gas ( dollars per mmbtu ) ( a ) | $ 2.79 | $ 4.04 | $ 4.39 henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average .liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 .in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti .the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s .liquid hydrocarbon realizations to differ from the wti benchmark .in 2012 , 2011 and 2010 , the percentage of our u.s .crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent .sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti .the percentage of our u.s .crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines .in recent years , crude oil sold along the u.s .gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti .ngls were 10 percent , 7 percent and 6 percent of our u.s .liquid hydrocarbon sales in 2012 , 2011 and 2010 .in 2012 , our sales of ngls increased due to our development of u.s .unconventional liquids-rich plays. .
Question: what was the difference in the average price of wti crude oil between 2010 and 2012?
| convfinqa1468 |
item 7 .management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe .our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis .2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil .2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g .certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business .these statements typically contain words such as "anticipates" "believes" "estimates" "expects" "targets" "plans" "projects" "could" "may" "should" "would" or similar words indicating that future outcomes are uncertain .in accordance with "safe harbor" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements .for additional risk factors affecting our business , see item 1a .risk factors in this annual report on form 10-k .management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 .business , item 1a .risk factors and item 8 .financial statements and supplementary data found in this annual report on form 10-k .spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc .marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held .a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off .activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 .financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) .overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows .the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . benchmark | 2012 | 2011 | 2010
wti crude oil ( dollars per bbl ) | $ 94.15 | $ 95.11 | $ 79.61
brent ( europe ) crude oil ( dollars per bbl ) | $ 111.65 | $ 111.26 | $ 79.51
henry hub natural gas ( dollars per mmbtu ) ( a ) | $ 2.79 | $ 4.04 | $ 4.39 henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average .liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 .in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti .the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s .liquid hydrocarbon realizations to differ from the wti benchmark .in 2012 , 2011 and 2010 , the percentage of our u.s .crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent .sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti .the percentage of our u.s .crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines .in recent years , crude oil sold along the u.s .gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti .ngls were 10 percent , 7 percent and 6 percent of our u.s .liquid hydrocarbon sales in 2012 , 2011 and 2010 .in 2012 , our sales of ngls increased due to our development of u.s .unconventional liquids-rich plays. .
Question: what was the difference in the average price of wti crude oil between 2010 and 2012?
Steps: subtract(94.15, 79.61)
Answer: 14.54
Question: and the specific price in 2010?
| 79.61 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
item 7 .management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe .our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis .2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil .2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g .certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business .these statements typically contain words such as "anticipates" "believes" "estimates" "expects" "targets" "plans" "projects" "could" "may" "should" "would" or similar words indicating that future outcomes are uncertain .in accordance with "safe harbor" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements .for additional risk factors affecting our business , see item 1a .risk factors in this annual report on form 10-k .management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 .business , item 1a .risk factors and item 8 .financial statements and supplementary data found in this annual report on form 10-k .spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc .marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held .a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off .activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 .financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) .overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows .the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . benchmark | 2012 | 2011 | 2010
wti crude oil ( dollars per bbl ) | $ 94.15 | $ 95.11 | $ 79.61
brent ( europe ) crude oil ( dollars per bbl ) | $ 111.65 | $ 111.26 | $ 79.51
henry hub natural gas ( dollars per mmbtu ) ( a ) | $ 2.79 | $ 4.04 | $ 4.39 henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average .liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 .in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti .the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s .liquid hydrocarbon realizations to differ from the wti benchmark .in 2012 , 2011 and 2010 , the percentage of our u.s .crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent .sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti .the percentage of our u.s .crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines .in recent years , crude oil sold along the u.s .gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti .ngls were 10 percent , 7 percent and 6 percent of our u.s .liquid hydrocarbon sales in 2012 , 2011 and 2010 .in 2012 , our sales of ngls increased due to our development of u.s .unconventional liquids-rich plays. .
Question: what was the difference in the average price of wti crude oil between 2010 and 2012?
Steps: subtract(94.15, 79.61)
Answer: 14.54
Question: and the specific price in 2010?
| convfinqa1469 |
item 7 .management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe .our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis .2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil .2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g .certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business .these statements typically contain words such as "anticipates" "believes" "estimates" "expects" "targets" "plans" "projects" "could" "may" "should" "would" or similar words indicating that future outcomes are uncertain .in accordance with "safe harbor" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements .for additional risk factors affecting our business , see item 1a .risk factors in this annual report on form 10-k .management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 .business , item 1a .risk factors and item 8 .financial statements and supplementary data found in this annual report on form 10-k .spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc .marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held .a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off .activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 .financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) .overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows .the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . benchmark | 2012 | 2011 | 2010
wti crude oil ( dollars per bbl ) | $ 94.15 | $ 95.11 | $ 79.61
brent ( europe ) crude oil ( dollars per bbl ) | $ 111.65 | $ 111.26 | $ 79.51
henry hub natural gas ( dollars per mmbtu ) ( a ) | $ 2.79 | $ 4.04 | $ 4.39 henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average .liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 .in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti .the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s .liquid hydrocarbon realizations to differ from the wti benchmark .in 2012 , 2011 and 2010 , the percentage of our u.s .crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent .sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti .the percentage of our u.s .crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines .in recent years , crude oil sold along the u.s .gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti .ngls were 10 percent , 7 percent and 6 percent of our u.s .liquid hydrocarbon sales in 2012 , 2011 and 2010 .in 2012 , our sales of ngls increased due to our development of u.s .unconventional liquids-rich plays. .
Question: what was the difference in the average price of wti crude oil between 2010 and 2012?
Steps: subtract(94.15, 79.61)
Answer: 14.54
Question: and the specific price in 2010?
Steps: Ask for number 79.61
Answer: 79.61
Question: so what was the percentage change during these years?
| 0.18264 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
item 7 .management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe .our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis .2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil .2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g .certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business .these statements typically contain words such as "anticipates" "believes" "estimates" "expects" "targets" "plans" "projects" "could" "may" "should" "would" or similar words indicating that future outcomes are uncertain .in accordance with "safe harbor" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements .for additional risk factors affecting our business , see item 1a .risk factors in this annual report on form 10-k .management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 .business , item 1a .risk factors and item 8 .financial statements and supplementary data found in this annual report on form 10-k .spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc .marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held .a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off .activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 .financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) .overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows .the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . benchmark | 2012 | 2011 | 2010
wti crude oil ( dollars per bbl ) | $ 94.15 | $ 95.11 | $ 79.61
brent ( europe ) crude oil ( dollars per bbl ) | $ 111.65 | $ 111.26 | $ 79.51
henry hub natural gas ( dollars per mmbtu ) ( a ) | $ 2.79 | $ 4.04 | $ 4.39 henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average .liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 .in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti .the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s .liquid hydrocarbon realizations to differ from the wti benchmark .in 2012 , 2011 and 2010 , the percentage of our u.s .crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent .sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti .the percentage of our u.s .crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines .in recent years , crude oil sold along the u.s .gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti .ngls were 10 percent , 7 percent and 6 percent of our u.s .liquid hydrocarbon sales in 2012 , 2011 and 2010 .in 2012 , our sales of ngls increased due to our development of u.s .unconventional liquids-rich plays. .
Question: what was the difference in the average price of wti crude oil between 2010 and 2012?
Steps: subtract(94.15, 79.61)
Answer: 14.54
Question: and the specific price in 2010?
Steps: Ask for number 79.61
Answer: 79.61
Question: so what was the percentage change during these years?
| convfinqa1470 |
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
| 198.03 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
| convfinqa1471 |
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
Steps: Ask for number 198.03
Answer: 198.03
Question: and what was it in 2012?
| 139.36 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
Steps: Ask for number 198.03
Answer: 198.03
Question: and what was it in 2012?
| convfinqa1472 |
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
Steps: Ask for number 198.03
Answer: 198.03
Question: and what was it in 2012?
Steps: Ask for number 139.36
Answer: 139.36
Question: what was, then, the change in its value over the year?
| 58.67 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
Steps: Ask for number 198.03
Answer: 198.03
Question: and what was it in 2012?
Steps: Ask for number 139.36
Answer: 139.36
Question: what was, then, the change in its value over the year?
| convfinqa1473 |
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
Steps: Ask for number 198.03
Answer: 198.03
Question: and what was it in 2012?
Steps: Ask for number 139.36
Answer: 139.36
Question: what was, then, the change in its value over the year?
Steps: subtract(198.03, 139.36)
Answer: 58.67
Question: and how much does this change represent in relation to the value in 2012, in percentage?
| 0.421 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance 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. . | 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 the 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 .past performance is not necessarily an indicator of future results. .
Question: what was the value of the royal caribbean cruises ltd . in 2013?
Steps: Ask for number 198.03
Answer: 198.03
Question: and what was it in 2012?
Steps: Ask for number 139.36
Answer: 139.36
Question: what was, then, the change in its value over the year?
Steps: subtract(198.03, 139.36)
Answer: 58.67
Question: and how much does this change represent in relation to the value in 2012, in percentage?
| convfinqa1474 |
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
| 149432.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
| convfinqa1475 |
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
| 125664.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
| convfinqa1476 |
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: what was, then, the change over the year?
| 23768.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: what was, then, the change over the year?
| convfinqa1477 |
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: what was, then, the change over the year?
Steps: subtract(149432, 125664)
Answer: 23768.0
Question: what was the target date/risk in 2015?
| 125664.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: what was, then, the change over the year?
Steps: subtract(149432, 125664)
Answer: 23768.0
Question: what was the target date/risk in 2015?
| convfinqa1478 |
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: what was, then, the change over the year?
Steps: subtract(149432, 125664)
Answer: 23768.0
Question: what was the target date/risk in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: how much, then, does that change represent in relation to this 2015 target date/risk, in percentage?
| 0.18914 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
long-term product offerings include active and index strategies .our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile .we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction .in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index .index strategies include both our non-etf index products and ishares etfs .although many clients use both active and index strategies , the application of these strategies may differ .for example , clients may use index products to gain exposure to a market or asset class , or may use a combination of index strategies to target active returns .in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates .this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings .equity year-end 2016 equity aum totaled $ 2.657 trillion , reflecting net inflows of $ 51.4 billion .net inflows included $ 74.9 billion into ishares , driven by net inflows into the core ranges and broad developed and emerging market equities .ishares net inflows were partially offset by active and non-etf index net outflows of $ 20.2 billion and $ 3.3 billion , respectively .blackrock 2019s effective fee rates fluctuate due to changes in aum mix .approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than u.s .equity strategies .accordingly , fluctuations in international equity markets , which may not consistently move in tandem with u.s .markets , have a greater impact on blackrock 2019s effective equity fee rates and revenues .fixed income fixed income aum ended 2016 at $ 1.572 trillion , reflecting net inflows of $ 120.0 billion .in 2016 , active net inflows of $ 16.6 billion were diversified across fixed income offerings , and included strong inflows from insurance clients .fixed income ishares net inflows of $ 59.9 billion were led by flows into the core ranges , emerging market , high yield and corporate bond funds .non-etf index net inflows of $ 43.4 billion were driven by demand for liability-driven investment solutions .multi-asset blackrock 2019s multi-asset team manages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , bonds , currencies and commodities , and our extensive risk management capabilities .investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays .component changes in multi-asset aum for 2016 are presented below .( in millions ) december 31 , net inflows ( outflows ) market change impact december 31 . ( in millions ) | december 312015 | net inflows ( outflows ) | marketchange | fx impact | december 312016
asset allocation and balanced | $ 185836 | $ -10332 ( 10332 ) | $ 6705 | $ -5534 ( 5534 ) | $ 176675
target date/risk | 125664 | 13500 | 10189 | 79 | 149432
fiduciary | 64433 | 998 | 5585 | -2621 ( 2621 ) | 68395
futureadvisor ( 1 ) | 403 | 61 | 41 | 2014 | 505
total | $ 376336 | $ 4227 | $ 22520 | $ -8076 ( 8076 ) | $ 395007 ( 1 ) the futureadvisor amount does not include aum that was held in ishares holdings .multi-asset net inflows reflected ongoing institutional demand for our solutions-based advice with $ 13.2 billion of net inflows coming from institutional clients .defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 11.3 billion to institutional multi-asset net inflows in 2016 , primarily into target date and target risk product offerings .retail net outflows of $ 9.4 billion were primarily due to outflows from world allocation strategies .the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 45% ( 45 % ) of multi-asset aum at year-end .these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget .in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions .flagship products in this category include our global allocation and multi-asset income fund families .2022 target date and target risk products grew 11% ( 11 % ) organically in 2016 , with net inflows of $ 13.5 billion .institutional investors represented 94% ( 94 % ) of target date and target risk aum , with defined contribution plans accounting for 88% ( 88 % ) of aum .flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings .lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing .2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of plan management .these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: what was the target date/risk in 2016?
Steps: Ask for number 149432
Answer: 149432.0
Question: and what was it in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: what was, then, the change over the year?
Steps: subtract(149432, 125664)
Answer: 23768.0
Question: what was the target date/risk in 2015?
Steps: Ask for number 125664
Answer: 125664.0
Question: how much, then, does that change represent in relation to this 2015 target date/risk, in percentage?
| convfinqa1479 |
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
| 123.79 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
| convfinqa1480 |
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
| 1.2379 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
| convfinqa1481 |
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
| 205.05 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
| convfinqa1482 |
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
Steps: Ask for number 205.05
Answer: 205.05
Question: what is that value less 100?
| 105.05 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
Steps: Ask for number 205.05
Answer: 205.05
Question: what is that value less 100?
| convfinqa1483 |
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
Steps: Ask for number 205.05
Answer: 205.05
Question: what is that value less 100?
Steps: subtract(205.05, const_100)
Answer: 105.05
Question: now, what is that number divided by 100?
| 1.0505 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
Steps: Ask for number 205.05
Answer: 205.05
Question: what is that value less 100?
Steps: subtract(205.05, const_100)
Answer: 105.05
Question: now, what is that number divided by 100?
| convfinqa1484 |
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
Steps: Ask for number 205.05
Answer: 205.05
Question: what is that value less 100?
Steps: subtract(205.05, const_100)
Answer: 105.05
Question: now, what is that number divided by 100?
Steps: divide(A2, const_100)
Answer: 1.0505
Question: what is the difference between the 2 quotients?
| 0.1874 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the 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 .the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . | 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 .
Question: what is the difference in the ups price in 2014 less 100?
Steps: subtract(223.79, const_100)
Answer: 123.79
Question: what is that value divided by 100?
Steps: divide(A0, const_100)
Answer: 1.2379
Question: what was the value of the s&p price in 2014?
Steps: Ask for number 205.05
Answer: 205.05
Question: what is that value less 100?
Steps: subtract(205.05, const_100)
Answer: 105.05
Question: now, what is that number divided by 100?
Steps: divide(A2, const_100)
Answer: 1.0505
Question: what is the difference between the 2 quotients?
| convfinqa1485 |
additions to property , plant and equipment are our most significant use of cash and cash equivalents .the following table shows capital expenditures related to continuing operations by segment and reconciles to additions to property , plant and equipment as presented in the consolidated statements of cash flows for 2014 , 2013 and 2012: . ( 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 as of december 31 , 2014 , we had repurchased a total of 121 million common shares at a cost of $ 4.7 billion , including 29 million shares at a cost of $ 1 billion in the first six months of 2014 and 14 million shares at a cost of $ 500 million in the third quarter of 2013 .see item 8 .financial statements and supplementary data 2013 note 22 to the consolidated financial statements for discussion of purchases of common stock .liquidity and capital resources our main sources of liquidity are cash and cash equivalents , internally generated cash flow from operations , continued access to capital markets , our committed revolving credit facility and sales of non-strategic assets .our working capital requirements are supported by these sources and we may issue commercial paper backed by our $ 2.5 billion revolving credit facility to meet short-term cash requirements .because of the alternatives available to us as discussed above and access to capital markets through the shelf registration discussed below , we believe that our short-term and long-term liquidity is adequate to fund not only our current operations , but also our near-term and long-term funding requirements including our capital spending programs , dividend payments , defined benefit plan contributions , repayment of debt maturities and other amounts that may ultimately be paid in connection with contingencies .at december 31 , 2014 , we had approximately $ 4.9 billion of liquidity consisting of $ 2.4 billion in cash and cash equivalents and $ 2.5 billion availability under our revolving credit facility .as discussed in more detail below in 201coutlook 201d , we are targeting a $ 3.5 billion budget for 2015 .based on our projected 2015 cash outlays for our capital program and dividends , we expect to outspend our cash flows from operations for the year .we will be constantly monitoring our available liquidity during 2015 and we have the flexibility to adjust our budget throughout the year in response to the commodity price environment .we will also continue to drive the fundamentals of expense management , including organizational capacity and operational reliability .capital resources credit arrangements and borrowings in may 2014 , we amended our $ 2.5 billion unsecured revolving credit facility and extended the maturity to may 2019 .see note 16 to the consolidated financial statements for additional terms and rates .at december 31 , 2014 , we had no borrowings against our revolving credit facility and no amounts outstanding under our u.s .commercial paper program that is backed by the revolving credit facility .at december 31 , 2014 , we had $ 6391 million in long-term debt outstanding , and $ 1068 million is due within one year , of which the majority is due in the fourth quarter of 2015 .we do not have any triggers on any of our corporate debt that would cause an event of default in the case of a downgrade of our credit ratings .shelf registration we have a universal shelf registration statement filed with the sec , under which we , as "well-known seasoned issuer" for purposes of sec rules , have the ability to issue and sell an indeterminate amount of various types of debt and equity securities from time to time. .
Question: what was the liquidity amount as of december 31, 2014?
| 4.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
additions to property , plant and equipment are our most significant use of cash and cash equivalents .the following table shows capital expenditures related to continuing operations by segment and reconciles to additions to property , plant and equipment as presented in the consolidated statements of cash flows for 2014 , 2013 and 2012: . ( 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 as of december 31 , 2014 , we had repurchased a total of 121 million common shares at a cost of $ 4.7 billion , including 29 million shares at a cost of $ 1 billion in the first six months of 2014 and 14 million shares at a cost of $ 500 million in the third quarter of 2013 .see item 8 .financial statements and supplementary data 2013 note 22 to the consolidated financial statements for discussion of purchases of common stock .liquidity and capital resources our main sources of liquidity are cash and cash equivalents , internally generated cash flow from operations , continued access to capital markets , our committed revolving credit facility and sales of non-strategic assets .our working capital requirements are supported by these sources and we may issue commercial paper backed by our $ 2.5 billion revolving credit facility to meet short-term cash requirements .because of the alternatives available to us as discussed above and access to capital markets through the shelf registration discussed below , we believe that our short-term and long-term liquidity is adequate to fund not only our current operations , but also our near-term and long-term funding requirements including our capital spending programs , dividend payments , defined benefit plan contributions , repayment of debt maturities and other amounts that may ultimately be paid in connection with contingencies .at december 31 , 2014 , we had approximately $ 4.9 billion of liquidity consisting of $ 2.4 billion in cash and cash equivalents and $ 2.5 billion availability under our revolving credit facility .as discussed in more detail below in 201coutlook 201d , we are targeting a $ 3.5 billion budget for 2015 .based on our projected 2015 cash outlays for our capital program and dividends , we expect to outspend our cash flows from operations for the year .we will be constantly monitoring our available liquidity during 2015 and we have the flexibility to adjust our budget throughout the year in response to the commodity price environment .we will also continue to drive the fundamentals of expense management , including organizational capacity and operational reliability .capital resources credit arrangements and borrowings in may 2014 , we amended our $ 2.5 billion unsecured revolving credit facility and extended the maturity to may 2019 .see note 16 to the consolidated financial statements for additional terms and rates .at december 31 , 2014 , we had no borrowings against our revolving credit facility and no amounts outstanding under our u.s .commercial paper program that is backed by the revolving credit facility .at december 31 , 2014 , we had $ 6391 million in long-term debt outstanding , and $ 1068 million is due within one year , of which the majority is due in the fourth quarter of 2015 .we do not have any triggers on any of our corporate debt that would cause an event of default in the case of a downgrade of our credit ratings .shelf registration we have a universal shelf registration statement filed with the sec , under which we , as "well-known seasoned issuer" for purposes of sec rules , have the ability to issue and sell an indeterminate amount of various types of debt and equity securities from time to time. .
Question: what was the liquidity amount as of december 31, 2014?
| convfinqa1486 |
additions to property , plant and equipment are our most significant use of cash and cash equivalents .the following table shows capital expenditures related to continuing operations by segment and reconciles to additions to property , plant and equipment as presented in the consolidated statements of cash flows for 2014 , 2013 and 2012: . ( 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 as of december 31 , 2014 , we had repurchased a total of 121 million common shares at a cost of $ 4.7 billion , including 29 million shares at a cost of $ 1 billion in the first six months of 2014 and 14 million shares at a cost of $ 500 million in the third quarter of 2013 .see item 8 .financial statements and supplementary data 2013 note 22 to the consolidated financial statements for discussion of purchases of common stock .liquidity and capital resources our main sources of liquidity are cash and cash equivalents , internally generated cash flow from operations , continued access to capital markets , our committed revolving credit facility and sales of non-strategic assets .our working capital requirements are supported by these sources and we may issue commercial paper backed by our $ 2.5 billion revolving credit facility to meet short-term cash requirements .because of the alternatives available to us as discussed above and access to capital markets through the shelf registration discussed below , we believe that our short-term and long-term liquidity is adequate to fund not only our current operations , but also our near-term and long-term funding requirements including our capital spending programs , dividend payments , defined benefit plan contributions , repayment of debt maturities and other amounts that may ultimately be paid in connection with contingencies .at december 31 , 2014 , we had approximately $ 4.9 billion of liquidity consisting of $ 2.4 billion in cash and cash equivalents and $ 2.5 billion availability under our revolving credit facility .as discussed in more detail below in 201coutlook 201d , we are targeting a $ 3.5 billion budget for 2015 .based on our projected 2015 cash outlays for our capital program and dividends , we expect to outspend our cash flows from operations for the year .we will be constantly monitoring our available liquidity during 2015 and we have the flexibility to adjust our budget throughout the year in response to the commodity price environment .we will also continue to drive the fundamentals of expense management , including organizational capacity and operational reliability .capital resources credit arrangements and borrowings in may 2014 , we amended our $ 2.5 billion unsecured revolving credit facility and extended the maturity to may 2019 .see note 16 to the consolidated financial statements for additional terms and rates .at december 31 , 2014 , we had no borrowings against our revolving credit facility and no amounts outstanding under our u.s .commercial paper program that is backed by the revolving credit facility .at december 31 , 2014 , we had $ 6391 million in long-term debt outstanding , and $ 1068 million is due within one year , of which the majority is due in the fourth quarter of 2015 .we do not have any triggers on any of our corporate debt that would cause an event of default in the case of a downgrade of our credit ratings .shelf registration we have a universal shelf registration statement filed with the sec , under which we , as "well-known seasoned issuer" for purposes of sec rules , have the ability to issue and sell an indeterminate amount of various types of debt and equity securities from time to time. .
Question: what was the liquidity amount as of december 31, 2014?
Steps: add(2.4, 2.5)
Answer: 4.9
Question: and how much did the total of cash and cash equivalents represent in relation to this amount, in percentage?
| 0.4898 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
additions to property , plant and equipment are our most significant use of cash and cash equivalents .the following table shows capital expenditures related to continuing operations by segment and reconciles to additions to property , plant and equipment as presented in the consolidated statements of cash flows for 2014 , 2013 and 2012: . ( 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 as of december 31 , 2014 , we had repurchased a total of 121 million common shares at a cost of $ 4.7 billion , including 29 million shares at a cost of $ 1 billion in the first six months of 2014 and 14 million shares at a cost of $ 500 million in the third quarter of 2013 .see item 8 .financial statements and supplementary data 2013 note 22 to the consolidated financial statements for discussion of purchases of common stock .liquidity and capital resources our main sources of liquidity are cash and cash equivalents , internally generated cash flow from operations , continued access to capital markets , our committed revolving credit facility and sales of non-strategic assets .our working capital requirements are supported by these sources and we may issue commercial paper backed by our $ 2.5 billion revolving credit facility to meet short-term cash requirements .because of the alternatives available to us as discussed above and access to capital markets through the shelf registration discussed below , we believe that our short-term and long-term liquidity is adequate to fund not only our current operations , but also our near-term and long-term funding requirements including our capital spending programs , dividend payments , defined benefit plan contributions , repayment of debt maturities and other amounts that may ultimately be paid in connection with contingencies .at december 31 , 2014 , we had approximately $ 4.9 billion of liquidity consisting of $ 2.4 billion in cash and cash equivalents and $ 2.5 billion availability under our revolving credit facility .as discussed in more detail below in 201coutlook 201d , we are targeting a $ 3.5 billion budget for 2015 .based on our projected 2015 cash outlays for our capital program and dividends , we expect to outspend our cash flows from operations for the year .we will be constantly monitoring our available liquidity during 2015 and we have the flexibility to adjust our budget throughout the year in response to the commodity price environment .we will also continue to drive the fundamentals of expense management , including organizational capacity and operational reliability .capital resources credit arrangements and borrowings in may 2014 , we amended our $ 2.5 billion unsecured revolving credit facility and extended the maturity to may 2019 .see note 16 to the consolidated financial statements for additional terms and rates .at december 31 , 2014 , we had no borrowings against our revolving credit facility and no amounts outstanding under our u.s .commercial paper program that is backed by the revolving credit facility .at december 31 , 2014 , we had $ 6391 million in long-term debt outstanding , and $ 1068 million is due within one year , of which the majority is due in the fourth quarter of 2015 .we do not have any triggers on any of our corporate debt that would cause an event of default in the case of a downgrade of our credit ratings .shelf registration we have a universal shelf registration statement filed with the sec , under which we , as "well-known seasoned issuer" for purposes of sec rules , have the ability to issue and sell an indeterminate amount of various types of debt and equity securities from time to time. .
Question: what was the liquidity amount as of december 31, 2014?
Steps: add(2.4, 2.5)
Answer: 4.9
Question: and how much did the total of cash and cash equivalents represent in relation to this amount, in percentage?
| convfinqa1487 |
2022 the ability to identify suitable acquisition candidates and the ability to finance such acquisitions , which depends upon the availability of adequate cash reserves from operations or of acceptable financing terms and the variability of our stock price ; 2022 our ability to integrate any acquired business 2019 operations , services , clients , and personnel ; 2022 the effect of our substantial leverage , which may limit the funds available to make acquisitions and invest in our business ; 2022 changes in , or the failure to comply with , government regulations , including privacy regulations ; and 2022 other risks detailed elsewhere in this risk factors section and in our other filings with the securities and exchange commission .we are not under any obligation ( and expressly disclaim any such obligation ) to update or alter our forward- looking statements , whether as a result of new information , future events or otherwise .you should carefully consider the possibility that actual results may differ materially from our forward-looking statements .item 1b .unresolved staff comments .item 2 .properties .our corporate headquarters are located in jacksonville , florida , in an owned facility .fnf occupies and pays us rent for approximately 86000 square feet in this facility .we lease office space as follows : number of locations ( 1 ) . state | number of locations ( 1 )
california | 44
texas | 21
florida | 18
georgia new york | 10
new jersey | 8
illinois massachusetts | 7
alabama arizona minnesota north carolina | 6
other | 64 ( 1 ) represents the number of locations in each state listed .we also lease approximately 72 locations outside the united states .we believe our properties are adequate for our business as presently conducted .item 3 .legal proceedings .in the ordinary course of business , the company is involved in various pending and threatened litigation matters related to operations , some of which include claims for punitive or exemplary damages .the company believes that no actions , other than the matters listed below , depart from customary litigation incidental to its business .as background to the disclosure below , please note the following : 2022 these matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities .2022 the company reviews these matters on an on-going basis and follows the provisions of statement of financial accounting standards no .5 , accounting for contingencies ( 201csfas 5 201d ) , when making accrual and disclosure decisions .when assessing reasonably possible and probable outcomes , the company bases decisions on the assessment of the ultimate outcome following all appeals. .
Question: what is the total number of leased locations?
| 136.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 the ability to identify suitable acquisition candidates and the ability to finance such acquisitions , which depends upon the availability of adequate cash reserves from operations or of acceptable financing terms and the variability of our stock price ; 2022 our ability to integrate any acquired business 2019 operations , services , clients , and personnel ; 2022 the effect of our substantial leverage , which may limit the funds available to make acquisitions and invest in our business ; 2022 changes in , or the failure to comply with , government regulations , including privacy regulations ; and 2022 other risks detailed elsewhere in this risk factors section and in our other filings with the securities and exchange commission .we are not under any obligation ( and expressly disclaim any such obligation ) to update or alter our forward- looking statements , whether as a result of new information , future events or otherwise .you should carefully consider the possibility that actual results may differ materially from our forward-looking statements .item 1b .unresolved staff comments .item 2 .properties .our corporate headquarters are located in jacksonville , florida , in an owned facility .fnf occupies and pays us rent for approximately 86000 square feet in this facility .we lease office space as follows : number of locations ( 1 ) . state | number of locations ( 1 )
california | 44
texas | 21
florida | 18
georgia new york | 10
new jersey | 8
illinois massachusetts | 7
alabama arizona minnesota north carolina | 6
other | 64 ( 1 ) represents the number of locations in each state listed .we also lease approximately 72 locations outside the united states .we believe our properties are adequate for our business as presently conducted .item 3 .legal proceedings .in the ordinary course of business , the company is involved in various pending and threatened litigation matters related to operations , some of which include claims for punitive or exemplary damages .the company believes that no actions , other than the matters listed below , depart from customary litigation incidental to its business .as background to the disclosure below , please note the following : 2022 these matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities .2022 the company reviews these matters on an on-going basis and follows the provisions of statement of financial accounting standards no .5 , accounting for contingencies ( 201csfas 5 201d ) , when making accrual and disclosure decisions .when assessing reasonably possible and probable outcomes , the company bases decisions on the assessment of the ultimate outcome following all appeals. .
Question: what is the total number of leased locations?
| convfinqa1488 |
2022 the ability to identify suitable acquisition candidates and the ability to finance such acquisitions , which depends upon the availability of adequate cash reserves from operations or of acceptable financing terms and the variability of our stock price ; 2022 our ability to integrate any acquired business 2019 operations , services , clients , and personnel ; 2022 the effect of our substantial leverage , which may limit the funds available to make acquisitions and invest in our business ; 2022 changes in , or the failure to comply with , government regulations , including privacy regulations ; and 2022 other risks detailed elsewhere in this risk factors section and in our other filings with the securities and exchange commission .we are not under any obligation ( and expressly disclaim any such obligation ) to update or alter our forward- looking statements , whether as a result of new information , future events or otherwise .you should carefully consider the possibility that actual results may differ materially from our forward-looking statements .item 1b .unresolved staff comments .item 2 .properties .our corporate headquarters are located in jacksonville , florida , in an owned facility .fnf occupies and pays us rent for approximately 86000 square feet in this facility .we lease office space as follows : number of locations ( 1 ) . state | number of locations ( 1 )
california | 44
texas | 21
florida | 18
georgia new york | 10
new jersey | 8
illinois massachusetts | 7
alabama arizona minnesota north carolina | 6
other | 64 ( 1 ) represents the number of locations in each state listed .we also lease approximately 72 locations outside the united states .we believe our properties are adequate for our business as presently conducted .item 3 .legal proceedings .in the ordinary course of business , the company is involved in various pending and threatened litigation matters related to operations , some of which include claims for punitive or exemplary damages .the company believes that no actions , other than the matters listed below , depart from customary litigation incidental to its business .as background to the disclosure below , please note the following : 2022 these matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities .2022 the company reviews these matters on an on-going basis and follows the provisions of statement of financial accounting standards no .5 , accounting for contingencies ( 201csfas 5 201d ) , when making accrual and disclosure decisions .when assessing reasonably possible and probable outcomes , the company bases decisions on the assessment of the ultimate outcome following all appeals. .
Question: what is the total number of leased locations?
Steps: add(72, 64)
Answer: 136.0
Question: and what percentage do the locations in the united states represent in relation to this total?
| 0.47059 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 the ability to identify suitable acquisition candidates and the ability to finance such acquisitions , which depends upon the availability of adequate cash reserves from operations or of acceptable financing terms and the variability of our stock price ; 2022 our ability to integrate any acquired business 2019 operations , services , clients , and personnel ; 2022 the effect of our substantial leverage , which may limit the funds available to make acquisitions and invest in our business ; 2022 changes in , or the failure to comply with , government regulations , including privacy regulations ; and 2022 other risks detailed elsewhere in this risk factors section and in our other filings with the securities and exchange commission .we are not under any obligation ( and expressly disclaim any such obligation ) to update or alter our forward- looking statements , whether as a result of new information , future events or otherwise .you should carefully consider the possibility that actual results may differ materially from our forward-looking statements .item 1b .unresolved staff comments .item 2 .properties .our corporate headquarters are located in jacksonville , florida , in an owned facility .fnf occupies and pays us rent for approximately 86000 square feet in this facility .we lease office space as follows : number of locations ( 1 ) . state | number of locations ( 1 )
california | 44
texas | 21
florida | 18
georgia new york | 10
new jersey | 8
illinois massachusetts | 7
alabama arizona minnesota north carolina | 6
other | 64 ( 1 ) represents the number of locations in each state listed .we also lease approximately 72 locations outside the united states .we believe our properties are adequate for our business as presently conducted .item 3 .legal proceedings .in the ordinary course of business , the company is involved in various pending and threatened litigation matters related to operations , some of which include claims for punitive or exemplary damages .the company believes that no actions , other than the matters listed below , depart from customary litigation incidental to its business .as background to the disclosure below , please note the following : 2022 these matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities .2022 the company reviews these matters on an on-going basis and follows the provisions of statement of financial accounting standards no .5 , accounting for contingencies ( 201csfas 5 201d ) , when making accrual and disclosure decisions .when assessing reasonably possible and probable outcomes , the company bases decisions on the assessment of the ultimate outcome following all appeals. .
Question: what is the total number of leased locations?
Steps: add(72, 64)
Answer: 136.0
Question: and what percentage do the locations in the united states represent in relation to this total?
| convfinqa1489 |
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
| 35.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
| convfinqa1490 |
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
Steps: Ask for number 35
Answer: 35.0
Question: and what was it in the beginning of that year?
| 33.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
Steps: Ask for number 35
Answer: 35.0
Question: and what was it in the beginning of that year?
| convfinqa1491 |
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
Steps: Ask for number 35
Answer: 35.0
Question: and what was it in the beginning of that year?
Steps: Ask for number 33
Answer: 33.0
Question: what was, then, the change over the year?
| 2.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
Steps: Ask for number 35
Answer: 35.0
Question: and what was it in the beginning of that year?
Steps: Ask for number 33
Answer: 33.0
Question: what was, then, the change over the year?
| convfinqa1492 |
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
Steps: Ask for number 35
Answer: 35.0
Question: and what was it in the beginning of that year?
Steps: Ask for number 33
Answer: 33.0
Question: what was, then, the change over the year?
Steps: subtract(35, 33)
Answer: 2.0
Question: and what were the average obligations for that year?
| 34.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
visa indemnification our payment services business issues and acquires credit and debit card transactions through visa u.s.a .inc .card association or its affiliates ( visa ) .in october 2007 , visa completed a restructuring and issued shares of visa inc .common stock to its financial institution members ( visa reorganization ) in contemplation of its initial public offering ( ipo ) .as part of the visa reorganization , we received our proportionate share of class b visa inc .common stock allocated to the u.s .members .prior to the ipo , the u.s .members , which included pnc , were obligated to indemnify visa for judgments and settlements related to certain specified litigation .as a result of the acquisition of national city , we became party to judgment and loss sharing agreements with visa and certain other banks .the judgment and loss sharing agreements were designed to apportion financial responsibilities arising from any potential adverse judgment or negotiated settlements related to the specified litigation .in september 2014 , visa funded $ 450 million into its litigation escrow account and reduced the conversion rate of visa b to a shares .we continue to have an obligation to indemnify visa for judgments and settlements for the remaining specified litigation .recourse and repurchase obligations as discussed in note 2 loan sale and servicing activities and variable interest entities , pnc has sold commercial mortgage , residential mortgage and home equity loans/ lines of credit directly or indirectly through securitization and loan sale transactions in which we have continuing involvement .one form of continuing involvement includes certain recourse and loan repurchase obligations associated with the transferred assets .commercial mortgage loan recourse obligations we originate and service certain multi-family commercial mortgage loans which are sold to fnma under fnma 2019s delegated underwriting and servicing ( dus ) program .we participated in a similar program with the fhlmc .under these programs , we generally assume up to a one-third pari passu risk of loss on unpaid principal balances through a loss share arrangement .at december 31 , 2014 and december 31 , 2013 , the unpaid principal balance outstanding of loans sold as a participant in these programs was $ 12.3 billion and $ 11.7 billion , respectively .the potential maximum exposure under the loss share arrangements was $ 3.7 billion at december 31 , 2014 and $ 3.6 billion at december 31 , 2013 .we maintain a reserve for estimated losses based upon our exposure .the reserve for losses under these programs totaled $ 35 million and $ 33 million as of december 31 , 2014 and december 31 , 2013 , respectively , and is included in other liabilities on our consolidated balance sheet .if payment is required under these programs , we would not have a contractual interest in the collateral underlying the mortgage loans on which losses occurred , although the value of the collateral is taken into account in determining our share of such losses .our exposure and activity associated with these recourse obligations are reported in the corporate & institutional banking segment .table 150 : analysis of commercial mortgage recourse obligations . in millions | 2014 | 2013
january 1 | $ 33 | $ 43
reserve adjustments net | 2 | -9 ( 9 )
losses 2013 loan repurchases and settlements | | -1 ( 1 )
december 31 | $ 35 | $ 33 residential mortgage loan and home equity loan/ line of credit repurchase obligations while residential mortgage loans are sold on a non-recourse basis , we assume certain loan repurchase obligations associated with mortgage loans we have sold to investors .these loan repurchase obligations primarily relate to situations where pnc is alleged to have breached certain origination covenants and representations and warranties made to purchasers of the loans in the respective purchase and sale agreements .repurchase obligation activity associated with residential mortgages is reported in the residential mortgage banking segment .in the fourth quarter of 2013 , pnc reached agreements with both fnma and fhlmc to resolve their repurchase claims with respect to loans sold between 2000 and 2008 .pnc paid a total of $ 191 million related to these settlements .pnc 2019s repurchase obligations also include certain brokered home equity loans/lines of credit that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city .pnc is no longer engaged in the brokered home equity lending business , and our exposure under these loan repurchase obligations is limited to repurchases of loans sold in these transactions .repurchase activity associated with brokered home equity loans/lines of credit is reported in the non-strategic assets portfolio segment .214 the pnc financial services group , inc .2013 form 10-k .
Question: what was, in millions the total of commercial mortgage recourse obligations in the end of 2014?
Steps: Ask for number 35
Answer: 35.0
Question: and what was it in the beginning of that year?
Steps: Ask for number 33
Answer: 33.0
Question: what was, then, the change over the year?
Steps: subtract(35, 33)
Answer: 2.0
Question: and what were the average obligations for that year?
| convfinqa1493 |
of these options during fiscal 2010 , fiscal 2009 and fiscal 2008 was $ 240.4 million , $ 15.1 million and $ 100.6 mil- lion , respectively .the total grant-date fair value of stock options that vested during fiscal 2010 , fiscal 2009 and fiscal 2008 was approximately $ 67.2 million , $ 73.6 million and $ 77.6 million , respectively .proceeds from stock option exercises pursuant to employee stock plans in the company 2019s statement of cash flows of $ 216.1 million , $ 12.4 million and $ 94.2 million for fiscal 2010 , fiscal 2009 and fiscal 2008 , 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 .the withholding amount is based on the company 2019s minimum statutory withholding requirement .a summary of the company 2019s restricted stock unit award activity as of october 30 , 2010 and changes during the year then ended is presented below : restricted outstanding weighted- average grant- date fair value per share . | restricted stock units outstanding | weighted- average grant- date fair value per share
restricted stock units outstanding at october 31 2009 | 135 | $ 22.19
units granted | 1171 | $ 28.86
restrictions lapsed | -19 ( 19 ) | $ 24.70
units forfeited | -22 ( 22 ) | $ 29.10
restricted stock units outstanding at october 30 2010 | 1265 | $ 28.21 as of october 30 , 2010 there was $ 95 million of total unrecognized compensation cost related to unvested share-based awards comprised of stock options and restricted stock units .that cost is expected to be recognized over a weighted-average period of 1.4 years .common stock repurchase program the company 2019s common stock repurchase program has been in place since august 2004 .in the aggregate , the board of directors has authorized the company to repurchase $ 4 billion of the company 2019s common stock under the program .under 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 .unless 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 .as of october 30 , 2010 , the company had repurchased a total of approximately 116.0 million shares of its common stock for approximately $ 3948.2 million under this program .an additional $ 51.8 million remains available for repurchase of shares under the current authorized program .the repurchased shares are held as authorized but unissued shares of common stock .any 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 .the company also from time to time repurchases shares in settlement of employee tax withholding obligations due upon the vesting of restricted stock or 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 .preferred stock the company has 471934 authorized shares of $ 1.00 par value preferred stock , none of which is issued or outstanding .the board of directors is authorized to fix designations , relative rights , preferences and limitations on the preferred stock at the time of issuance .analog devices , inc .notes to consolidated financial statements 2014 ( continued ) .
Question: at october 30, 2010, what was the total value of the restricted stock units outstanding?
| 35685.65 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
of these options during fiscal 2010 , fiscal 2009 and fiscal 2008 was $ 240.4 million , $ 15.1 million and $ 100.6 mil- lion , respectively .the total grant-date fair value of stock options that vested during fiscal 2010 , fiscal 2009 and fiscal 2008 was approximately $ 67.2 million , $ 73.6 million and $ 77.6 million , respectively .proceeds from stock option exercises pursuant to employee stock plans in the company 2019s statement of cash flows of $ 216.1 million , $ 12.4 million and $ 94.2 million for fiscal 2010 , fiscal 2009 and fiscal 2008 , 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 .the withholding amount is based on the company 2019s minimum statutory withholding requirement .a summary of the company 2019s restricted stock unit award activity as of october 30 , 2010 and changes during the year then ended is presented below : restricted outstanding weighted- average grant- date fair value per share . | restricted stock units outstanding | weighted- average grant- date fair value per share
restricted stock units outstanding at october 31 2009 | 135 | $ 22.19
units granted | 1171 | $ 28.86
restrictions lapsed | -19 ( 19 ) | $ 24.70
units forfeited | -22 ( 22 ) | $ 29.10
restricted stock units outstanding at october 30 2010 | 1265 | $ 28.21 as of october 30 , 2010 there was $ 95 million of total unrecognized compensation cost related to unvested share-based awards comprised of stock options and restricted stock units .that cost is expected to be recognized over a weighted-average period of 1.4 years .common stock repurchase program the company 2019s common stock repurchase program has been in place since august 2004 .in the aggregate , the board of directors has authorized the company to repurchase $ 4 billion of the company 2019s common stock under the program .under 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 .unless 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 .as of october 30 , 2010 , the company had repurchased a total of approximately 116.0 million shares of its common stock for approximately $ 3948.2 million under this program .an additional $ 51.8 million remains available for repurchase of shares under the current authorized program .the repurchased shares are held as authorized but unissued shares of common stock .any 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 .the company also from time to time repurchases shares in settlement of employee tax withholding obligations due upon the vesting of restricted stock or 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 .preferred stock the company has 471934 authorized shares of $ 1.00 par value preferred stock , none of which is issued or outstanding .the board of directors is authorized to fix designations , relative rights , preferences and limitations on the preferred stock at the time of issuance .analog devices , inc .notes to consolidated financial statements 2014 ( continued ) .
Question: at october 30, 2010, what was the total value of the restricted stock units outstanding?
| convfinqa1494 |
of these options during fiscal 2010 , fiscal 2009 and fiscal 2008 was $ 240.4 million , $ 15.1 million and $ 100.6 mil- lion , respectively .the total grant-date fair value of stock options that vested during fiscal 2010 , fiscal 2009 and fiscal 2008 was approximately $ 67.2 million , $ 73.6 million and $ 77.6 million , respectively .proceeds from stock option exercises pursuant to employee stock plans in the company 2019s statement of cash flows of $ 216.1 million , $ 12.4 million and $ 94.2 million for fiscal 2010 , fiscal 2009 and fiscal 2008 , 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 .the withholding amount is based on the company 2019s minimum statutory withholding requirement .a summary of the company 2019s restricted stock unit award activity as of october 30 , 2010 and changes during the year then ended is presented below : restricted outstanding weighted- average grant- date fair value per share . | restricted stock units outstanding | weighted- average grant- date fair value per share
restricted stock units outstanding at october 31 2009 | 135 | $ 22.19
units granted | 1171 | $ 28.86
restrictions lapsed | -19 ( 19 ) | $ 24.70
units forfeited | -22 ( 22 ) | $ 29.10
restricted stock units outstanding at october 30 2010 | 1265 | $ 28.21 as of october 30 , 2010 there was $ 95 million of total unrecognized compensation cost related to unvested share-based awards comprised of stock options and restricted stock units .that cost is expected to be recognized over a weighted-average period of 1.4 years .common stock repurchase program the company 2019s common stock repurchase program has been in place since august 2004 .in the aggregate , the board of directors has authorized the company to repurchase $ 4 billion of the company 2019s common stock under the program .under 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 .unless 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 .as of october 30 , 2010 , the company had repurchased a total of approximately 116.0 million shares of its common stock for approximately $ 3948.2 million under this program .an additional $ 51.8 million remains available for repurchase of shares under the current authorized program .the repurchased shares are held as authorized but unissued shares of common stock .any 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 .the company also from time to time repurchases shares in settlement of employee tax withholding obligations due upon the vesting of restricted stock or 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 .preferred stock the company has 471934 authorized shares of $ 1.00 par value preferred stock , none of which is issued or outstanding .the board of directors is authorized to fix designations , relative rights , preferences and limitations on the preferred stock at the time of issuance .analog devices , inc .notes to consolidated financial statements 2014 ( continued ) .
Question: at october 30, 2010, what was the total value of the restricted stock units outstanding?
Steps: multiply(1265, 28.21)
Answer: 35685.65
Question: and as of october 30 of the next year, what was the average individual price of the repurchased shares?
| 34.03621 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
of these options during fiscal 2010 , fiscal 2009 and fiscal 2008 was $ 240.4 million , $ 15.1 million and $ 100.6 mil- lion , respectively .the total grant-date fair value of stock options that vested during fiscal 2010 , fiscal 2009 and fiscal 2008 was approximately $ 67.2 million , $ 73.6 million and $ 77.6 million , respectively .proceeds from stock option exercises pursuant to employee stock plans in the company 2019s statement of cash flows of $ 216.1 million , $ 12.4 million and $ 94.2 million for fiscal 2010 , fiscal 2009 and fiscal 2008 , 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 .the withholding amount is based on the company 2019s minimum statutory withholding requirement .a summary of the company 2019s restricted stock unit award activity as of october 30 , 2010 and changes during the year then ended is presented below : restricted outstanding weighted- average grant- date fair value per share . | restricted stock units outstanding | weighted- average grant- date fair value per share
restricted stock units outstanding at october 31 2009 | 135 | $ 22.19
units granted | 1171 | $ 28.86
restrictions lapsed | -19 ( 19 ) | $ 24.70
units forfeited | -22 ( 22 ) | $ 29.10
restricted stock units outstanding at october 30 2010 | 1265 | $ 28.21 as of october 30 , 2010 there was $ 95 million of total unrecognized compensation cost related to unvested share-based awards comprised of stock options and restricted stock units .that cost is expected to be recognized over a weighted-average period of 1.4 years .common stock repurchase program the company 2019s common stock repurchase program has been in place since august 2004 .in the aggregate , the board of directors has authorized the company to repurchase $ 4 billion of the company 2019s common stock under the program .under 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 .unless 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 .as of october 30 , 2010 , the company had repurchased a total of approximately 116.0 million shares of its common stock for approximately $ 3948.2 million under this program .an additional $ 51.8 million remains available for repurchase of shares under the current authorized program .the repurchased shares are held as authorized but unissued shares of common stock .any 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 .the company also from time to time repurchases shares in settlement of employee tax withholding obligations due upon the vesting of restricted stock or 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 .preferred stock the company has 471934 authorized shares of $ 1.00 par value preferred stock , none of which is issued or outstanding .the board of directors is authorized to fix designations , relative rights , preferences and limitations on the preferred stock at the time of issuance .analog devices , inc .notes to consolidated financial statements 2014 ( continued ) .
Question: at october 30, 2010, what was the total value of the restricted stock units outstanding?
Steps: multiply(1265, 28.21)
Answer: 35685.65
Question: and as of october 30 of the next year, what was the average individual price of the repurchased shares?
| convfinqa1495 |
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
| 8.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
| convfinqa1496 |
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
Steps: Ask for number 8.20
Answer: 8.2
Question: what about during 2017?
| 7.46 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
Steps: Ask for number 8.20
Answer: 8.2
Question: what about during 2017?
| convfinqa1497 |
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
Steps: Ask for number 8.20
Answer: 8.2
Question: what about during 2017?
Steps: Ask for number 7.46
Answer: 7.46
Question: what is the net change?
| 0.74 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
Steps: Ask for number 8.20
Answer: 8.2
Question: what about during 2017?
Steps: Ask for number 7.46
Answer: 7.46
Question: what is the net change?
| convfinqa1498 |
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
Steps: Ask for number 8.20
Answer: 8.2
Question: what about during 2017?
Steps: Ask for number 7.46
Answer: 7.46
Question: what is the net change?
Steps: subtract(8.20, 7.46)
Answer: 0.74
Question: what percentage change does this represent?
| 0.0992 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part ii item 5 .market 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 .our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt .information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share . 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 stockholder 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 .the 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 .the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the total dividends paid per share during 2018?
Steps: Ask for number 8.20
Answer: 8.2
Question: what about during 2017?
Steps: Ask for number 7.46
Answer: 7.46
Question: what is the net change?
Steps: subtract(8.20, 7.46)
Answer: 0.74
Question: what percentage change does this represent?
| convfinqa1499 |
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