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jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities .this net interest income is referred to as non-markets related net interest income .cib 2019s markets businesses are fixed income markets and equity markets .management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities .the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib .year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges .taxable-equivalent amounts are used where applicable .( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s .gaap results to managed basis on page 52 .( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses .for further information on cib 2019s markets businesses , see page 65 .calculation of certain u.s .gaap and non-gaap financial measures certain u.s .gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity . year ended december 31 ( in millions except rates ) | 2017 | 2016 | 2015
net interest income 2013 managed basis ( a ) ( b ) | $ 51410 | $ 47292 | $ 44620
less : cib markets net interest income ( c ) | 4630 | 6334 | 5298
net interest income excluding cib markets ( a ) | $ 46780 | $ 40958 | $ 39322
average interest-earning assets | $ 2180592 | $ 2101604 | $ 2088242
less : average cib markets interest-earning assets ( c ) | 540835 | 520307 | 510292
average interest-earning assets excluding cib markets | $ 1639757 | $ 1581297 | $ 1577950
net interest yield on average interest-earning assets 2013 managed basis | 2.36% ( 2.36 % ) | 2.25% ( 2.25 % ) | 2.14% ( 2.14 % )
net interest yield on average cib markets interest-earning assets ( c ) | 0.86 | 1.22 | 1.04
net interest yield on average interest-earning assets excluding cib markets | 2.85% ( 2.85 % ) | 2.59% ( 2.59 % ) | 2.49% ( 2.49 % ) jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities .this net interest income is referred to as non-markets related net interest income .cib 2019s markets businesses are fixed income markets and equity markets .management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities .the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib .year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges .taxable-equivalent amounts are used where applicable .( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s .gaap results to managed basis on page 52 .( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses .for further information on cib 2019s markets businesses , see page 65 .calculation of certain u.s .gaap and non-gaap financial measures certain u.s .gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity .
Question: what fraction of the total net interest income 2013 managed basis is related to the cib markets net interest income in 2016?
Steps: divide(6334, 47292)
Answer: 0.13393
Question: what is the average interest-earning assets excluding cib markets in 2017?
Steps: Ask for number 1639757
Answer: 1639757.0
Question: what about in 2016?
Steps: Ask for number 1581297
Answer: 1581297.0
Question: what is the net change?
Steps: subtract(1639757, 1581297)
Answer: 58460.0
Question: what percentage change does this represent?
| 0.03697 | 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.
jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities .this net interest income is referred to as non-markets related net interest income .cib 2019s markets businesses are fixed income markets and equity markets .management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities .the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib .year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges .taxable-equivalent amounts are used where applicable .( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s .gaap results to managed basis on page 52 .( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses .for further information on cib 2019s markets businesses , see page 65 .calculation of certain u.s .gaap and non-gaap financial measures certain u.s .gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity . year ended december 31 ( in millions except rates ) | 2017 | 2016 | 2015
net interest income 2013 managed basis ( a ) ( b ) | $ 51410 | $ 47292 | $ 44620
less : cib markets net interest income ( c ) | 4630 | 6334 | 5298
net interest income excluding cib markets ( a ) | $ 46780 | $ 40958 | $ 39322
average interest-earning assets | $ 2180592 | $ 2101604 | $ 2088242
less : average cib markets interest-earning assets ( c ) | 540835 | 520307 | 510292
average interest-earning assets excluding cib markets | $ 1639757 | $ 1581297 | $ 1577950
net interest yield on average interest-earning assets 2013 managed basis | 2.36% ( 2.36 % ) | 2.25% ( 2.25 % ) | 2.14% ( 2.14 % )
net interest yield on average cib markets interest-earning assets ( c ) | 0.86 | 1.22 | 1.04
net interest yield on average interest-earning assets excluding cib markets | 2.85% ( 2.85 % ) | 2.59% ( 2.59 % ) | 2.49% ( 2.49 % ) jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities .this net interest income is referred to as non-markets related net interest income .cib 2019s markets businesses are fixed income markets and equity markets .management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities .the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib .year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges .taxable-equivalent amounts are used where applicable .( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s .gaap results to managed basis on page 52 .( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses .for further information on cib 2019s markets businesses , see page 65 .calculation of certain u.s .gaap and non-gaap financial measures certain u.s .gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity .
Question: what fraction of the total net interest income 2013 managed basis is related to the cib markets net interest income in 2016?
Steps: divide(6334, 47292)
Answer: 0.13393
Question: what is the average interest-earning assets excluding cib markets in 2017?
Steps: Ask for number 1639757
Answer: 1639757.0
Question: what about in 2016?
Steps: Ask for number 1581297
Answer: 1581297.0
Question: what is the net change?
Steps: subtract(1639757, 1581297)
Answer: 58460.0
Question: what percentage change does this represent?
| convfinqa1600 |
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
| 185.0 | 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.
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
| convfinqa1601 |
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
| 160.0 | 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.
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
| convfinqa1602 |
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what is the change in these years?
| 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.
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what is the change in these years?
| convfinqa1603 |
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what is the change in these years?
Steps: subtract(185, 160)
Answer: 25.0
Question: what is the allowance in doubtful accounts in 2009?
| 160.0 | 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.
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what is the change in these years?
Steps: subtract(185, 160)
Answer: 25.0
Question: what is the allowance in doubtful accounts in 2009?
| convfinqa1604 |
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what is the change in these years?
Steps: subtract(185, 160)
Answer: 25.0
Question: what is the allowance in doubtful accounts in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what percentage change does this represent?
| 0.15625 | 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.
allowance for doubtful accounts is as follows: . | 2010 | 2009 | 2008
balance at beginning of year | $ 160 | $ 133 | $ 86
provision | 38 | 54 | 65
amounts written off | -13 ( 13 ) | -27 ( 27 ) | -18 ( 18 )
balance at end of year | $ 185 | $ 160 | $ 133 discontinued operations during the fourth quarter of 2009 , schlumberger recorded a net $ 22 million charge related to the resolution of a customs assessment pertaining to its former offshore contract drilling business , as well as the resolution of certain contingencies associated with other previously disposed of businesses .this amount is included in income ( loss ) from discontinued operations in the consolidated statement of income .during the first quarter of 2008 , schlumberger recorded a gain of $ 38 million related to the resolution of a contingency associated with a previously disposed of business .this gain is included in income ( loss ) from discon- tinued operations in the consolidated statement of income .part ii , item 8 .
Question: what is the allowance in doubtful accounts in 2010?
Steps: Ask for number 185
Answer: 185.0
Question: what about in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what is the change in these years?
Steps: subtract(185, 160)
Answer: 25.0
Question: what is the allowance in doubtful accounts in 2009?
Steps: Ask for number 160
Answer: 160.0
Question: what percentage change does this represent?
| convfinqa1605 |
the following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
| 6061.0 | 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 following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
| convfinqa1606 |
the following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
Steps: Ask for number 6061
Answer: 6061.0
Question: what was the value in 2007?
| 4711.0 | 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 following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
Steps: Ask for number 6061
Answer: 6061.0
Question: what was the value in 2007?
| convfinqa1607 |
the following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
Steps: Ask for number 6061
Answer: 6061.0
Question: what was the value in 2007?
Steps: Ask for number 4711
Answer: 4711.0
Question: what is the net change?
| 1350.0 | 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 following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
Steps: Ask for number 6061
Answer: 6061.0
Question: what was the value in 2007?
Steps: Ask for number 4711
Answer: 4711.0
Question: what is the net change?
| convfinqa1608 |
the following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
Steps: Ask for number 6061
Answer: 6061.0
Question: what was the value in 2007?
Steps: Ask for number 4711
Answer: 4711.0
Question: what is the net change?
Steps: subtract(6061, 4711)
Answer: 1350.0
Question: what is the percent change?
| 0.28656 | 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 following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 .amounts reported do not reflect participations to independent third parties. . ( in millions ) | 2008 | 2007
indemnified securities financing | $ 324590 | $ 558368
liquidity asset purchase agreements | 28800 | 35339
unfunded commitments to extend credit | 20981 | 17533
standby letters of credit | 6061 | 4711 approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue .since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements .securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions .we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities .collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition .we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed .the borrowed securities are revalued daily to determine if additional collateral is necessary .in this regard , we held , as agent , cash and u.s .government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above .the collateral held by us is invested on behalf of our customers .in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested .we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement .the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition .of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements .we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively .asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 .the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us .in addition , we provide direct credit support to the conduits in the form of standby letters of credit .our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table .our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table .legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies .these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments .in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent .these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what was the value of standby letters of credit in 2008?
Steps: Ask for number 6061
Answer: 6061.0
Question: what was the value in 2007?
Steps: Ask for number 4711
Answer: 4711.0
Question: what is the net change?
Steps: subtract(6061, 4711)
Answer: 1350.0
Question: what is the percent change?
| convfinqa1609 |
management 2019s discussion and analysis 132 jpmorgan chase & co./2010 annual report unpaid principal balance due to negative amortization of option arms was $ 24 million and $ 78 million at december 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm loans will experience a recast that results in a payment increase : $ 72 million in 2011 , $ 241 million in 2012 and $ 784 million in 2013 .the firm did not originate option arms and new originations of option arms were discontinued by washington mutual prior to the date of jpmorgan chase 2019s acquisition of its banking operations .subprime mortgages at december 31 , 2010 were $ 11.3 billion , compared with $ 12.5 billion at december 31 , 2009 .the decrease was due to paydowns and charge-offs on delinquent loans , partially offset by the addition of loans as a result of the adoption of the accounting guidance related to vies .late-stage delinquencies remained elevated but continued to improve , albeit at a slower rate during the second half of the year , while early-stage delinquencies stabilized at an elevated level during this period .nonaccrual loans improved largely as a result of the improvement in late-stage delinquencies .charge-offs reflected modest improvement .auto : auto loans at december 31 , 2010 , were $ 48.4 billion , compared with $ 46.0 billion at december 31 , 2009 .delinquent and nonaccrual loans have decreased .in addition , net charge-offs have declined 52% ( 52 % ) from the prior year .provision expense de- creased due to favorable loss severity as a result of a strong used- car market nationwide and reduced loss frequency due to the tightening of underwriting criteria in earlier periods .the auto loan portfolio reflected a high concentration of prime quality credits .business banking : business banking loans at december 31 , 2010 , were $ 16.8 billion , compared with $ 17.0 billion at december 31 , 2009 .the decrease was primarily a result of run-off of the washington mutual portfolio and charge-offs on delinquent loans .these loans primarily include loans which are highly collateralized , often with personal loan guarantees .nonaccrual loans continued to remain elevated .after having increased during the first half of 2010 , nonaccrual loans as of december 31 , 2010 , declined to year-end 2009 levels .student and other : student and other loans at december 31 , 2010 , including loans held-for-sale , were $ 15.3 billion , compared with $ 16.4 billion at december 31 , 2009 .other loans primarily include other secured and unsecured consumer loans .delinquencies reflected some stabilization in the second half of 2010 , but remained elevated .charge-offs during 2010 remained relatively flat with 2009 levels reflecting the impact of elevated unemployment levels .purchased credit-impaired loans : pci loans at december 31 , 2010 , were $ 72.8 billion compared with $ 81.2 billion at december 31 , 2009 .this portfolio represents loans acquired in the washing- ton mutual transaction that were recorded at fair value at the time of acquisition .that fair value included an estimate of credit losses expected to be realized over the remaining lives of the loans , and therefore no allowance for loan losses was recorded for these loans as of the acquisition date .the firm regularly updates the amount of principal and interest cash flows expected to be collected for these loans .probable decreases in expected loan principal cash flows would trigger the recognition of impairment through the provision for loan losses .probable and significant increases in expected cash flows ( e.g. , decreased principal credit losses , the net benefit of modifications ) would first reverse any previously recorded allowance for loan losses , with any remaining increase in the expected cash flows recognized prospectively in interest income over the remaining estimated lives of the underlying loans .during 2010 , management concluded as part of the firm 2019s regular assessment of the pci pools that it was probable that higher expected principal credit losses would result in a decrease in expected cash flows .accordingly , the firm recognized an aggregate $ 3.4 billion impairment related to the home equity , prime mortgage , option arm and subprime mortgage pci portfolios .as a result of this impairment , the firm 2019s allowance for loan losses for the home equity , prime mortgage , option arm and subprime mortgage pci portfolios was $ 1.6 billion , $ 1.8 billion , $ 1.5 billion and $ 98 million , respectively , at december 31 , 2010 , compared with an allowance for loan losses of $ 1.1 billion and $ 491 million for the prime mortgage and option arm pci portfolios , respectively , at december 31 , 2009 .approximately 39% ( 39 % ) of the option arm borrowers were delinquent , 5% ( 5 % ) were making interest-only or negatively amortizing payments , and 56% ( 56 % ) were making amortizing payments .approximately 50% ( 50 % ) of current borrowers are subject to risk of payment shock due to future payment recast ; substantially all of the remaining loans have been modified to a fixed rate fully amortizing loan .the cumulative amount of unpaid interest added to the unpaid principal balance of the option arm pci pool was $ 1.4 billion and $ 1.9 billion at de- cember 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm pci loans will experience a recast that results in a payment increase : $ 1.2 billion in 2011 , $ 2.7 billion in 2012 and $ 508 million in 2013 .the following table provides a summary of lifetime loss estimates included in both the nonaccretable difference and the allowance for loan losses .principal charge-offs will not be recorded on these pools until the nonaccretable difference has been fully depleted .lifetime loss estimates ( a ) ltd liquidation losses ( b ) . december 31 ( in millions ) | lifetime loss estimates ( a ) 2010 | lifetime loss estimates ( a ) 2009 | lifetime loss estimates ( a ) 2010 | 2009
option arms | $ 11588 | $ 10650 | $ 4860 | $ 1744
home equity | 14698 | 13138 | 8810 | 6060
prime mortgage | 4870 | 4240 | 1495 | 794
subprime mortgage | 3732 | 3842 | 1250 | 796
total | $ 34888 | $ 31870 | $ 16415 | $ 9394 ( a ) includes the original nonaccretable difference established in purchase accounting of $ 30.5 billion for principal losses only .the remaining nonaccretable difference for principal losses only was $ 14.1 billion and $ 21.1 billion at december 31 , 2010 and 2009 , respectively .all probable increases in principal losses and foregone interest subsequent to the purchase date are reflected in the allowance for loan losses .( b ) life-to-date ( 201cltd 201d ) liquidation losses represent realization of loss upon loan resolution. .
Question: what is the business banking loans in 2010?
| 16.8 | 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.
management 2019s discussion and analysis 132 jpmorgan chase & co./2010 annual report unpaid principal balance due to negative amortization of option arms was $ 24 million and $ 78 million at december 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm loans will experience a recast that results in a payment increase : $ 72 million in 2011 , $ 241 million in 2012 and $ 784 million in 2013 .the firm did not originate option arms and new originations of option arms were discontinued by washington mutual prior to the date of jpmorgan chase 2019s acquisition of its banking operations .subprime mortgages at december 31 , 2010 were $ 11.3 billion , compared with $ 12.5 billion at december 31 , 2009 .the decrease was due to paydowns and charge-offs on delinquent loans , partially offset by the addition of loans as a result of the adoption of the accounting guidance related to vies .late-stage delinquencies remained elevated but continued to improve , albeit at a slower rate during the second half of the year , while early-stage delinquencies stabilized at an elevated level during this period .nonaccrual loans improved largely as a result of the improvement in late-stage delinquencies .charge-offs reflected modest improvement .auto : auto loans at december 31 , 2010 , were $ 48.4 billion , compared with $ 46.0 billion at december 31 , 2009 .delinquent and nonaccrual loans have decreased .in addition , net charge-offs have declined 52% ( 52 % ) from the prior year .provision expense de- creased due to favorable loss severity as a result of a strong used- car market nationwide and reduced loss frequency due to the tightening of underwriting criteria in earlier periods .the auto loan portfolio reflected a high concentration of prime quality credits .business banking : business banking loans at december 31 , 2010 , were $ 16.8 billion , compared with $ 17.0 billion at december 31 , 2009 .the decrease was primarily a result of run-off of the washington mutual portfolio and charge-offs on delinquent loans .these loans primarily include loans which are highly collateralized , often with personal loan guarantees .nonaccrual loans continued to remain elevated .after having increased during the first half of 2010 , nonaccrual loans as of december 31 , 2010 , declined to year-end 2009 levels .student and other : student and other loans at december 31 , 2010 , including loans held-for-sale , were $ 15.3 billion , compared with $ 16.4 billion at december 31 , 2009 .other loans primarily include other secured and unsecured consumer loans .delinquencies reflected some stabilization in the second half of 2010 , but remained elevated .charge-offs during 2010 remained relatively flat with 2009 levels reflecting the impact of elevated unemployment levels .purchased credit-impaired loans : pci loans at december 31 , 2010 , were $ 72.8 billion compared with $ 81.2 billion at december 31 , 2009 .this portfolio represents loans acquired in the washing- ton mutual transaction that were recorded at fair value at the time of acquisition .that fair value included an estimate of credit losses expected to be realized over the remaining lives of the loans , and therefore no allowance for loan losses was recorded for these loans as of the acquisition date .the firm regularly updates the amount of principal and interest cash flows expected to be collected for these loans .probable decreases in expected loan principal cash flows would trigger the recognition of impairment through the provision for loan losses .probable and significant increases in expected cash flows ( e.g. , decreased principal credit losses , the net benefit of modifications ) would first reverse any previously recorded allowance for loan losses , with any remaining increase in the expected cash flows recognized prospectively in interest income over the remaining estimated lives of the underlying loans .during 2010 , management concluded as part of the firm 2019s regular assessment of the pci pools that it was probable that higher expected principal credit losses would result in a decrease in expected cash flows .accordingly , the firm recognized an aggregate $ 3.4 billion impairment related to the home equity , prime mortgage , option arm and subprime mortgage pci portfolios .as a result of this impairment , the firm 2019s allowance for loan losses for the home equity , prime mortgage , option arm and subprime mortgage pci portfolios was $ 1.6 billion , $ 1.8 billion , $ 1.5 billion and $ 98 million , respectively , at december 31 , 2010 , compared with an allowance for loan losses of $ 1.1 billion and $ 491 million for the prime mortgage and option arm pci portfolios , respectively , at december 31 , 2009 .approximately 39% ( 39 % ) of the option arm borrowers were delinquent , 5% ( 5 % ) were making interest-only or negatively amortizing payments , and 56% ( 56 % ) were making amortizing payments .approximately 50% ( 50 % ) of current borrowers are subject to risk of payment shock due to future payment recast ; substantially all of the remaining loans have been modified to a fixed rate fully amortizing loan .the cumulative amount of unpaid interest added to the unpaid principal balance of the option arm pci pool was $ 1.4 billion and $ 1.9 billion at de- cember 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm pci loans will experience a recast that results in a payment increase : $ 1.2 billion in 2011 , $ 2.7 billion in 2012 and $ 508 million in 2013 .the following table provides a summary of lifetime loss estimates included in both the nonaccretable difference and the allowance for loan losses .principal charge-offs will not be recorded on these pools until the nonaccretable difference has been fully depleted .lifetime loss estimates ( a ) ltd liquidation losses ( b ) . december 31 ( in millions ) | lifetime loss estimates ( a ) 2010 | lifetime loss estimates ( a ) 2009 | lifetime loss estimates ( a ) 2010 | 2009
option arms | $ 11588 | $ 10650 | $ 4860 | $ 1744
home equity | 14698 | 13138 | 8810 | 6060
prime mortgage | 4870 | 4240 | 1495 | 794
subprime mortgage | 3732 | 3842 | 1250 | 796
total | $ 34888 | $ 31870 | $ 16415 | $ 9394 ( a ) includes the original nonaccretable difference established in purchase accounting of $ 30.5 billion for principal losses only .the remaining nonaccretable difference for principal losses only was $ 14.1 billion and $ 21.1 billion at december 31 , 2010 and 2009 , respectively .all probable increases in principal losses and foregone interest subsequent to the purchase date are reflected in the allowance for loan losses .( b ) life-to-date ( 201cltd 201d ) liquidation losses represent realization of loss upon loan resolution. .
Question: what is the business banking loans in 2010?
| convfinqa1610 |
management 2019s discussion and analysis 132 jpmorgan chase & co./2010 annual report unpaid principal balance due to negative amortization of option arms was $ 24 million and $ 78 million at december 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm loans will experience a recast that results in a payment increase : $ 72 million in 2011 , $ 241 million in 2012 and $ 784 million in 2013 .the firm did not originate option arms and new originations of option arms were discontinued by washington mutual prior to the date of jpmorgan chase 2019s acquisition of its banking operations .subprime mortgages at december 31 , 2010 were $ 11.3 billion , compared with $ 12.5 billion at december 31 , 2009 .the decrease was due to paydowns and charge-offs on delinquent loans , partially offset by the addition of loans as a result of the adoption of the accounting guidance related to vies .late-stage delinquencies remained elevated but continued to improve , albeit at a slower rate during the second half of the year , while early-stage delinquencies stabilized at an elevated level during this period .nonaccrual loans improved largely as a result of the improvement in late-stage delinquencies .charge-offs reflected modest improvement .auto : auto loans at december 31 , 2010 , were $ 48.4 billion , compared with $ 46.0 billion at december 31 , 2009 .delinquent and nonaccrual loans have decreased .in addition , net charge-offs have declined 52% ( 52 % ) from the prior year .provision expense de- creased due to favorable loss severity as a result of a strong used- car market nationwide and reduced loss frequency due to the tightening of underwriting criteria in earlier periods .the auto loan portfolio reflected a high concentration of prime quality credits .business banking : business banking loans at december 31 , 2010 , were $ 16.8 billion , compared with $ 17.0 billion at december 31 , 2009 .the decrease was primarily a result of run-off of the washington mutual portfolio and charge-offs on delinquent loans .these loans primarily include loans which are highly collateralized , often with personal loan guarantees .nonaccrual loans continued to remain elevated .after having increased during the first half of 2010 , nonaccrual loans as of december 31 , 2010 , declined to year-end 2009 levels .student and other : student and other loans at december 31 , 2010 , including loans held-for-sale , were $ 15.3 billion , compared with $ 16.4 billion at december 31 , 2009 .other loans primarily include other secured and unsecured consumer loans .delinquencies reflected some stabilization in the second half of 2010 , but remained elevated .charge-offs during 2010 remained relatively flat with 2009 levels reflecting the impact of elevated unemployment levels .purchased credit-impaired loans : pci loans at december 31 , 2010 , were $ 72.8 billion compared with $ 81.2 billion at december 31 , 2009 .this portfolio represents loans acquired in the washing- ton mutual transaction that were recorded at fair value at the time of acquisition .that fair value included an estimate of credit losses expected to be realized over the remaining lives of the loans , and therefore no allowance for loan losses was recorded for these loans as of the acquisition date .the firm regularly updates the amount of principal and interest cash flows expected to be collected for these loans .probable decreases in expected loan principal cash flows would trigger the recognition of impairment through the provision for loan losses .probable and significant increases in expected cash flows ( e.g. , decreased principal credit losses , the net benefit of modifications ) would first reverse any previously recorded allowance for loan losses , with any remaining increase in the expected cash flows recognized prospectively in interest income over the remaining estimated lives of the underlying loans .during 2010 , management concluded as part of the firm 2019s regular assessment of the pci pools that it was probable that higher expected principal credit losses would result in a decrease in expected cash flows .accordingly , the firm recognized an aggregate $ 3.4 billion impairment related to the home equity , prime mortgage , option arm and subprime mortgage pci portfolios .as a result of this impairment , the firm 2019s allowance for loan losses for the home equity , prime mortgage , option arm and subprime mortgage pci portfolios was $ 1.6 billion , $ 1.8 billion , $ 1.5 billion and $ 98 million , respectively , at december 31 , 2010 , compared with an allowance for loan losses of $ 1.1 billion and $ 491 million for the prime mortgage and option arm pci portfolios , respectively , at december 31 , 2009 .approximately 39% ( 39 % ) of the option arm borrowers were delinquent , 5% ( 5 % ) were making interest-only or negatively amortizing payments , and 56% ( 56 % ) were making amortizing payments .approximately 50% ( 50 % ) of current borrowers are subject to risk of payment shock due to future payment recast ; substantially all of the remaining loans have been modified to a fixed rate fully amortizing loan .the cumulative amount of unpaid interest added to the unpaid principal balance of the option arm pci pool was $ 1.4 billion and $ 1.9 billion at de- cember 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm pci loans will experience a recast that results in a payment increase : $ 1.2 billion in 2011 , $ 2.7 billion in 2012 and $ 508 million in 2013 .the following table provides a summary of lifetime loss estimates included in both the nonaccretable difference and the allowance for loan losses .principal charge-offs will not be recorded on these pools until the nonaccretable difference has been fully depleted .lifetime loss estimates ( a ) ltd liquidation losses ( b ) . december 31 ( in millions ) | lifetime loss estimates ( a ) 2010 | lifetime loss estimates ( a ) 2009 | lifetime loss estimates ( a ) 2010 | 2009
option arms | $ 11588 | $ 10650 | $ 4860 | $ 1744
home equity | 14698 | 13138 | 8810 | 6060
prime mortgage | 4870 | 4240 | 1495 | 794
subprime mortgage | 3732 | 3842 | 1250 | 796
total | $ 34888 | $ 31870 | $ 16415 | $ 9394 ( a ) includes the original nonaccretable difference established in purchase accounting of $ 30.5 billion for principal losses only .the remaining nonaccretable difference for principal losses only was $ 14.1 billion and $ 21.1 billion at december 31 , 2010 and 2009 , respectively .all probable increases in principal losses and foregone interest subsequent to the purchase date are reflected in the allowance for loan losses .( b ) life-to-date ( 201cltd 201d ) liquidation losses represent realization of loss upon loan resolution. .
Question: what is the business banking loans in 2010?
Steps: Ask for number 16.8
Answer: 16.8
Question: what about in 2009?
| 17.0 | 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.
management 2019s discussion and analysis 132 jpmorgan chase & co./2010 annual report unpaid principal balance due to negative amortization of option arms was $ 24 million and $ 78 million at december 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm loans will experience a recast that results in a payment increase : $ 72 million in 2011 , $ 241 million in 2012 and $ 784 million in 2013 .the firm did not originate option arms and new originations of option arms were discontinued by washington mutual prior to the date of jpmorgan chase 2019s acquisition of its banking operations .subprime mortgages at december 31 , 2010 were $ 11.3 billion , compared with $ 12.5 billion at december 31 , 2009 .the decrease was due to paydowns and charge-offs on delinquent loans , partially offset by the addition of loans as a result of the adoption of the accounting guidance related to vies .late-stage delinquencies remained elevated but continued to improve , albeit at a slower rate during the second half of the year , while early-stage delinquencies stabilized at an elevated level during this period .nonaccrual loans improved largely as a result of the improvement in late-stage delinquencies .charge-offs reflected modest improvement .auto : auto loans at december 31 , 2010 , were $ 48.4 billion , compared with $ 46.0 billion at december 31 , 2009 .delinquent and nonaccrual loans have decreased .in addition , net charge-offs have declined 52% ( 52 % ) from the prior year .provision expense de- creased due to favorable loss severity as a result of a strong used- car market nationwide and reduced loss frequency due to the tightening of underwriting criteria in earlier periods .the auto loan portfolio reflected a high concentration of prime quality credits .business banking : business banking loans at december 31 , 2010 , were $ 16.8 billion , compared with $ 17.0 billion at december 31 , 2009 .the decrease was primarily a result of run-off of the washington mutual portfolio and charge-offs on delinquent loans .these loans primarily include loans which are highly collateralized , often with personal loan guarantees .nonaccrual loans continued to remain elevated .after having increased during the first half of 2010 , nonaccrual loans as of december 31 , 2010 , declined to year-end 2009 levels .student and other : student and other loans at december 31 , 2010 , including loans held-for-sale , were $ 15.3 billion , compared with $ 16.4 billion at december 31 , 2009 .other loans primarily include other secured and unsecured consumer loans .delinquencies reflected some stabilization in the second half of 2010 , but remained elevated .charge-offs during 2010 remained relatively flat with 2009 levels reflecting the impact of elevated unemployment levels .purchased credit-impaired loans : pci loans at december 31 , 2010 , were $ 72.8 billion compared with $ 81.2 billion at december 31 , 2009 .this portfolio represents loans acquired in the washing- ton mutual transaction that were recorded at fair value at the time of acquisition .that fair value included an estimate of credit losses expected to be realized over the remaining lives of the loans , and therefore no allowance for loan losses was recorded for these loans as of the acquisition date .the firm regularly updates the amount of principal and interest cash flows expected to be collected for these loans .probable decreases in expected loan principal cash flows would trigger the recognition of impairment through the provision for loan losses .probable and significant increases in expected cash flows ( e.g. , decreased principal credit losses , the net benefit of modifications ) would first reverse any previously recorded allowance for loan losses , with any remaining increase in the expected cash flows recognized prospectively in interest income over the remaining estimated lives of the underlying loans .during 2010 , management concluded as part of the firm 2019s regular assessment of the pci pools that it was probable that higher expected principal credit losses would result in a decrease in expected cash flows .accordingly , the firm recognized an aggregate $ 3.4 billion impairment related to the home equity , prime mortgage , option arm and subprime mortgage pci portfolios .as a result of this impairment , the firm 2019s allowance for loan losses for the home equity , prime mortgage , option arm and subprime mortgage pci portfolios was $ 1.6 billion , $ 1.8 billion , $ 1.5 billion and $ 98 million , respectively , at december 31 , 2010 , compared with an allowance for loan losses of $ 1.1 billion and $ 491 million for the prime mortgage and option arm pci portfolios , respectively , at december 31 , 2009 .approximately 39% ( 39 % ) of the option arm borrowers were delinquent , 5% ( 5 % ) were making interest-only or negatively amortizing payments , and 56% ( 56 % ) were making amortizing payments .approximately 50% ( 50 % ) of current borrowers are subject to risk of payment shock due to future payment recast ; substantially all of the remaining loans have been modified to a fixed rate fully amortizing loan .the cumulative amount of unpaid interest added to the unpaid principal balance of the option arm pci pool was $ 1.4 billion and $ 1.9 billion at de- cember 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm pci loans will experience a recast that results in a payment increase : $ 1.2 billion in 2011 , $ 2.7 billion in 2012 and $ 508 million in 2013 .the following table provides a summary of lifetime loss estimates included in both the nonaccretable difference and the allowance for loan losses .principal charge-offs will not be recorded on these pools until the nonaccretable difference has been fully depleted .lifetime loss estimates ( a ) ltd liquidation losses ( b ) . december 31 ( in millions ) | lifetime loss estimates ( a ) 2010 | lifetime loss estimates ( a ) 2009 | lifetime loss estimates ( a ) 2010 | 2009
option arms | $ 11588 | $ 10650 | $ 4860 | $ 1744
home equity | 14698 | 13138 | 8810 | 6060
prime mortgage | 4870 | 4240 | 1495 | 794
subprime mortgage | 3732 | 3842 | 1250 | 796
total | $ 34888 | $ 31870 | $ 16415 | $ 9394 ( a ) includes the original nonaccretable difference established in purchase accounting of $ 30.5 billion for principal losses only .the remaining nonaccretable difference for principal losses only was $ 14.1 billion and $ 21.1 billion at december 31 , 2010 and 2009 , respectively .all probable increases in principal losses and foregone interest subsequent to the purchase date are reflected in the allowance for loan losses .( b ) life-to-date ( 201cltd 201d ) liquidation losses represent realization of loss upon loan resolution. .
Question: what is the business banking loans in 2010?
Steps: Ask for number 16.8
Answer: 16.8
Question: what about in 2009?
| convfinqa1611 |
management 2019s discussion and analysis 132 jpmorgan chase & co./2010 annual report unpaid principal balance due to negative amortization of option arms was $ 24 million and $ 78 million at december 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm loans will experience a recast that results in a payment increase : $ 72 million in 2011 , $ 241 million in 2012 and $ 784 million in 2013 .the firm did not originate option arms and new originations of option arms were discontinued by washington mutual prior to the date of jpmorgan chase 2019s acquisition of its banking operations .subprime mortgages at december 31 , 2010 were $ 11.3 billion , compared with $ 12.5 billion at december 31 , 2009 .the decrease was due to paydowns and charge-offs on delinquent loans , partially offset by the addition of loans as a result of the adoption of the accounting guidance related to vies .late-stage delinquencies remained elevated but continued to improve , albeit at a slower rate during the second half of the year , while early-stage delinquencies stabilized at an elevated level during this period .nonaccrual loans improved largely as a result of the improvement in late-stage delinquencies .charge-offs reflected modest improvement .auto : auto loans at december 31 , 2010 , were $ 48.4 billion , compared with $ 46.0 billion at december 31 , 2009 .delinquent and nonaccrual loans have decreased .in addition , net charge-offs have declined 52% ( 52 % ) from the prior year .provision expense de- creased due to favorable loss severity as a result of a strong used- car market nationwide and reduced loss frequency due to the tightening of underwriting criteria in earlier periods .the auto loan portfolio reflected a high concentration of prime quality credits .business banking : business banking loans at december 31 , 2010 , were $ 16.8 billion , compared with $ 17.0 billion at december 31 , 2009 .the decrease was primarily a result of run-off of the washington mutual portfolio and charge-offs on delinquent loans .these loans primarily include loans which are highly collateralized , often with personal loan guarantees .nonaccrual loans continued to remain elevated .after having increased during the first half of 2010 , nonaccrual loans as of december 31 , 2010 , declined to year-end 2009 levels .student and other : student and other loans at december 31 , 2010 , including loans held-for-sale , were $ 15.3 billion , compared with $ 16.4 billion at december 31 , 2009 .other loans primarily include other secured and unsecured consumer loans .delinquencies reflected some stabilization in the second half of 2010 , but remained elevated .charge-offs during 2010 remained relatively flat with 2009 levels reflecting the impact of elevated unemployment levels .purchased credit-impaired loans : pci loans at december 31 , 2010 , were $ 72.8 billion compared with $ 81.2 billion at december 31 , 2009 .this portfolio represents loans acquired in the washing- ton mutual transaction that were recorded at fair value at the time of acquisition .that fair value included an estimate of credit losses expected to be realized over the remaining lives of the loans , and therefore no allowance for loan losses was recorded for these loans as of the acquisition date .the firm regularly updates the amount of principal and interest cash flows expected to be collected for these loans .probable decreases in expected loan principal cash flows would trigger the recognition of impairment through the provision for loan losses .probable and significant increases in expected cash flows ( e.g. , decreased principal credit losses , the net benefit of modifications ) would first reverse any previously recorded allowance for loan losses , with any remaining increase in the expected cash flows recognized prospectively in interest income over the remaining estimated lives of the underlying loans .during 2010 , management concluded as part of the firm 2019s regular assessment of the pci pools that it was probable that higher expected principal credit losses would result in a decrease in expected cash flows .accordingly , the firm recognized an aggregate $ 3.4 billion impairment related to the home equity , prime mortgage , option arm and subprime mortgage pci portfolios .as a result of this impairment , the firm 2019s allowance for loan losses for the home equity , prime mortgage , option arm and subprime mortgage pci portfolios was $ 1.6 billion , $ 1.8 billion , $ 1.5 billion and $ 98 million , respectively , at december 31 , 2010 , compared with an allowance for loan losses of $ 1.1 billion and $ 491 million for the prime mortgage and option arm pci portfolios , respectively , at december 31 , 2009 .approximately 39% ( 39 % ) of the option arm borrowers were delinquent , 5% ( 5 % ) were making interest-only or negatively amortizing payments , and 56% ( 56 % ) were making amortizing payments .approximately 50% ( 50 % ) of current borrowers are subject to risk of payment shock due to future payment recast ; substantially all of the remaining loans have been modified to a fixed rate fully amortizing loan .the cumulative amount of unpaid interest added to the unpaid principal balance of the option arm pci pool was $ 1.4 billion and $ 1.9 billion at de- cember 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm pci loans will experience a recast that results in a payment increase : $ 1.2 billion in 2011 , $ 2.7 billion in 2012 and $ 508 million in 2013 .the following table provides a summary of lifetime loss estimates included in both the nonaccretable difference and the allowance for loan losses .principal charge-offs will not be recorded on these pools until the nonaccretable difference has been fully depleted .lifetime loss estimates ( a ) ltd liquidation losses ( b ) . december 31 ( in millions ) | lifetime loss estimates ( a ) 2010 | lifetime loss estimates ( a ) 2009 | lifetime loss estimates ( a ) 2010 | 2009
option arms | $ 11588 | $ 10650 | $ 4860 | $ 1744
home equity | 14698 | 13138 | 8810 | 6060
prime mortgage | 4870 | 4240 | 1495 | 794
subprime mortgage | 3732 | 3842 | 1250 | 796
total | $ 34888 | $ 31870 | $ 16415 | $ 9394 ( a ) includes the original nonaccretable difference established in purchase accounting of $ 30.5 billion for principal losses only .the remaining nonaccretable difference for principal losses only was $ 14.1 billion and $ 21.1 billion at december 31 , 2010 and 2009 , respectively .all probable increases in principal losses and foregone interest subsequent to the purchase date are reflected in the allowance for loan losses .( b ) life-to-date ( 201cltd 201d ) liquidation losses represent realization of loss upon loan resolution. .
Question: what is the business banking loans in 2010?
Steps: Ask for number 16.8
Answer: 16.8
Question: what about in 2009?
Steps: Ask for number 17.0
Answer: 17.0
Question: what is the ratio of 2010 to 2009?
| 0.98824 | 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.
management 2019s discussion and analysis 132 jpmorgan chase & co./2010 annual report unpaid principal balance due to negative amortization of option arms was $ 24 million and $ 78 million at december 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm loans will experience a recast that results in a payment increase : $ 72 million in 2011 , $ 241 million in 2012 and $ 784 million in 2013 .the firm did not originate option arms and new originations of option arms were discontinued by washington mutual prior to the date of jpmorgan chase 2019s acquisition of its banking operations .subprime mortgages at december 31 , 2010 were $ 11.3 billion , compared with $ 12.5 billion at december 31 , 2009 .the decrease was due to paydowns and charge-offs on delinquent loans , partially offset by the addition of loans as a result of the adoption of the accounting guidance related to vies .late-stage delinquencies remained elevated but continued to improve , albeit at a slower rate during the second half of the year , while early-stage delinquencies stabilized at an elevated level during this period .nonaccrual loans improved largely as a result of the improvement in late-stage delinquencies .charge-offs reflected modest improvement .auto : auto loans at december 31 , 2010 , were $ 48.4 billion , compared with $ 46.0 billion at december 31 , 2009 .delinquent and nonaccrual loans have decreased .in addition , net charge-offs have declined 52% ( 52 % ) from the prior year .provision expense de- creased due to favorable loss severity as a result of a strong used- car market nationwide and reduced loss frequency due to the tightening of underwriting criteria in earlier periods .the auto loan portfolio reflected a high concentration of prime quality credits .business banking : business banking loans at december 31 , 2010 , were $ 16.8 billion , compared with $ 17.0 billion at december 31 , 2009 .the decrease was primarily a result of run-off of the washington mutual portfolio and charge-offs on delinquent loans .these loans primarily include loans which are highly collateralized , often with personal loan guarantees .nonaccrual loans continued to remain elevated .after having increased during the first half of 2010 , nonaccrual loans as of december 31 , 2010 , declined to year-end 2009 levels .student and other : student and other loans at december 31 , 2010 , including loans held-for-sale , were $ 15.3 billion , compared with $ 16.4 billion at december 31 , 2009 .other loans primarily include other secured and unsecured consumer loans .delinquencies reflected some stabilization in the second half of 2010 , but remained elevated .charge-offs during 2010 remained relatively flat with 2009 levels reflecting the impact of elevated unemployment levels .purchased credit-impaired loans : pci loans at december 31 , 2010 , were $ 72.8 billion compared with $ 81.2 billion at december 31 , 2009 .this portfolio represents loans acquired in the washing- ton mutual transaction that were recorded at fair value at the time of acquisition .that fair value included an estimate of credit losses expected to be realized over the remaining lives of the loans , and therefore no allowance for loan losses was recorded for these loans as of the acquisition date .the firm regularly updates the amount of principal and interest cash flows expected to be collected for these loans .probable decreases in expected loan principal cash flows would trigger the recognition of impairment through the provision for loan losses .probable and significant increases in expected cash flows ( e.g. , decreased principal credit losses , the net benefit of modifications ) would first reverse any previously recorded allowance for loan losses , with any remaining increase in the expected cash flows recognized prospectively in interest income over the remaining estimated lives of the underlying loans .during 2010 , management concluded as part of the firm 2019s regular assessment of the pci pools that it was probable that higher expected principal credit losses would result in a decrease in expected cash flows .accordingly , the firm recognized an aggregate $ 3.4 billion impairment related to the home equity , prime mortgage , option arm and subprime mortgage pci portfolios .as a result of this impairment , the firm 2019s allowance for loan losses for the home equity , prime mortgage , option arm and subprime mortgage pci portfolios was $ 1.6 billion , $ 1.8 billion , $ 1.5 billion and $ 98 million , respectively , at december 31 , 2010 , compared with an allowance for loan losses of $ 1.1 billion and $ 491 million for the prime mortgage and option arm pci portfolios , respectively , at december 31 , 2009 .approximately 39% ( 39 % ) of the option arm borrowers were delinquent , 5% ( 5 % ) were making interest-only or negatively amortizing payments , and 56% ( 56 % ) were making amortizing payments .approximately 50% ( 50 % ) of current borrowers are subject to risk of payment shock due to future payment recast ; substantially all of the remaining loans have been modified to a fixed rate fully amortizing loan .the cumulative amount of unpaid interest added to the unpaid principal balance of the option arm pci pool was $ 1.4 billion and $ 1.9 billion at de- cember 31 , 2010 and 2009 , respectively .the firm estimates the following balances of option arm pci loans will experience a recast that results in a payment increase : $ 1.2 billion in 2011 , $ 2.7 billion in 2012 and $ 508 million in 2013 .the following table provides a summary of lifetime loss estimates included in both the nonaccretable difference and the allowance for loan losses .principal charge-offs will not be recorded on these pools until the nonaccretable difference has been fully depleted .lifetime loss estimates ( a ) ltd liquidation losses ( b ) . december 31 ( in millions ) | lifetime loss estimates ( a ) 2010 | lifetime loss estimates ( a ) 2009 | lifetime loss estimates ( a ) 2010 | 2009
option arms | $ 11588 | $ 10650 | $ 4860 | $ 1744
home equity | 14698 | 13138 | 8810 | 6060
prime mortgage | 4870 | 4240 | 1495 | 794
subprime mortgage | 3732 | 3842 | 1250 | 796
total | $ 34888 | $ 31870 | $ 16415 | $ 9394 ( a ) includes the original nonaccretable difference established in purchase accounting of $ 30.5 billion for principal losses only .the remaining nonaccretable difference for principal losses only was $ 14.1 billion and $ 21.1 billion at december 31 , 2010 and 2009 , respectively .all probable increases in principal losses and foregone interest subsequent to the purchase date are reflected in the allowance for loan losses .( b ) life-to-date ( 201cltd 201d ) liquidation losses represent realization of loss upon loan resolution. .
Question: what is the business banking loans in 2010?
Steps: Ask for number 16.8
Answer: 16.8
Question: what about in 2009?
Steps: Ask for number 17.0
Answer: 17.0
Question: what is the ratio of 2010 to 2009?
| convfinqa1612 |
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
| 43.0 | 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.
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
| convfinqa1613 |
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
| 11.0 | 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.
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
| convfinqa1614 |
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
| 54.0 | 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.
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
| convfinqa1615 |
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
Steps: add(A0, 11)
Answer: 54.0
Question: and the amount for the rest of the world?
| 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.
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
Steps: add(A0, 11)
Answer: 54.0
Question: and the amount for the rest of the world?
| convfinqa1616 |
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
Steps: add(A0, 11)
Answer: 54.0
Question: and the amount for the rest of the world?
Steps: Ask for number 26
Answer: 26.0
Question: combined with the other three regions?
| 80.0 | 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.
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
Steps: add(A0, 11)
Answer: 54.0
Question: and the amount for the rest of the world?
Steps: Ask for number 26
Answer: 26.0
Question: combined with the other three regions?
| convfinqa1617 |
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
Steps: add(A0, 11)
Answer: 54.0
Question: and the amount for the rest of the world?
Steps: Ask for number 26
Answer: 26.0
Question: combined with the other three regions?
Steps: add(A1, 26)
Answer: 80.0
Question: and as a percentage of the total operated manufacturing and processing facilities?
| 0.96386 | 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.
while we have remediated the previously-identified material weakness in our internal control over financial reporting , we may identify other material weaknesses in the future .in november 2017 , we restated our consolidated financial statements for the quarters ended april 1 , 2017 and july 1 , 2017 in order to correctly classify cash receipts from the payments on sold receivables ( which are cash receipts on the underlying trade receivables that have already been securitized ) to cash provided by investing activities ( from cash provided by operating activities ) within our condensed consolidated statements of cash flows .in connection with these restatements , management identified a material weakness in our internal control over financial reporting related to the misapplication of accounting standards update 2016-15 .specifically , we did not maintain effective controls over the adoption of new accounting standards , including communication with the appropriate individuals in coming to our conclusions on the application of new accounting standards .as a result of this material weakness , our management concluded that we did not maintain effective internal control over financial reporting as of april 1 , 2017 and july 1 , 2017 .while we have remediated the material weakness and our management has determined that our disclosure controls and procedures were effective as of december 30 , 2017 , there can be no assurance that our controls will remain adequate .the effectiveness of our internal control over financial reporting is subject to various inherent limitations , including judgments used in decision-making , the nature and complexity of the transactions we undertake , assumptions about the likelihood of future events , the soundness of our systems , cost limitations , and other limitations .if other material weaknesses or significant deficiencies in our internal control are discovered or occur in the future or we otherwise must restate our financial statements , it could materially and adversely affect our business and results of operations or financial condition , restrict our ability to access the capital markets , require us to expend significant resources to correct the weaknesses or deficiencies , subject us to fines , penalties , investigations or judgments , harm our reputation , or otherwise cause a decline in investor confidence .item 1b .unresolved staff comments .item 2 .properties .our corporate co-headquarters are located in pittsburgh , pennsylvania and chicago , illinois .our co-headquarters are leased and house certain executive offices , our u.s .business units , and our administrative , finance , legal , and human resource functions .we maintain additional owned and leased offices throughout the regions in which we operate .we manufacture our products in our network of manufacturing and processing facilities located throughout the world .as of december 30 , 2017 , we operated 83 manufacturing and processing facilities .we own 80 and lease three of these facilities .our manufacturing and processing facilities count by segment as of december 30 , 2017 was: . | owned | leased
united states | 41 | 1
canada | 2 | 2014
europe | 11 | 2014
rest of world | 26 | 2 we maintain all of our manufacturing and processing facilities in good condition and believe they are suitable and are adequate for our present needs .we also enter into co-manufacturing arrangements with third parties if we determine it is advantageous to outsource the production of any of our products .item 3 .legal proceedings .we are routinely involved in legal proceedings , claims , and governmental inquiries , inspections or investigations ( 201clegal matters 201d ) arising in the ordinary course of our business .while we cannot predict with certainty the results of legal matters in which we are currently involved or may in the future be involved , we do not expect that the ultimate costs to resolve any of the legal matters that are currently pending will have a material adverse effect on our financial condition or results of operations .item 4 .mine safety disclosures .not applicable. .
Question: combined, what was the total owned facilities in the united states and canada?
Steps: add(41, 2)
Answer: 43.0
Question: and the amount in europe?
Steps: Ask for number 11
Answer: 11.0
Question: and the total for all three regions together?
Steps: add(A0, 11)
Answer: 54.0
Question: and the amount for the rest of the world?
Steps: Ask for number 26
Answer: 26.0
Question: combined with the other three regions?
Steps: add(A1, 26)
Answer: 80.0
Question: and as a percentage of the total operated manufacturing and processing facilities?
| convfinqa1618 |
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
| 965.0 | 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.
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
| convfinqa1619 |
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
| 1134.0 | 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.
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
| convfinqa1620 |
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
| -169.0 | 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.
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
| convfinqa1621 |
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
Steps: subtract(965, 1134)
Answer: -169.0
Question: and what is this change as a portion of the 2007 total?
| -0.14903 | 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.
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
Steps: subtract(965, 1134)
Answer: -169.0
Question: and what is this change as a portion of the 2007 total?
| convfinqa1622 |
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
Steps: subtract(965, 1134)
Answer: -169.0
Question: and what is this change as a portion of the 2007 total?
Steps: divide(#0, 1134)
Answer: -0.14903
Question: and over the year precedent to this period, what was the change in that total of obligations?
| 90.0 | 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.
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
Steps: subtract(965, 1134)
Answer: -169.0
Question: and what is this change as a portion of the 2007 total?
Steps: divide(#0, 1134)
Answer: -0.14903
Question: and over the year precedent to this period, what was the change in that total of obligations?
| convfinqa1623 |
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
Steps: subtract(965, 1134)
Answer: -169.0
Question: and what is this change as a portion of the 2007 total?
Steps: divide(#0, 1134)
Answer: -0.14903
Question: and over the year precedent to this period, what was the change in that total of obligations?
Steps: Ask for number 1134
Answer: 90.0
Question: how much did this change represent in relation to the asset retirement obligations in 2006?
| 0.08621 | 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.
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions .( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania .we are the primary obligor under this lease .under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease .this lease is an amortizing financing with a final maturity of 2012 .( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios .in february 2008 , the outstanding balance was repaid and the facility was terminated .( i ) these notes are senior secured notes of marathon oil canada corporation .the notes were secured by substantially all of marathon oil canada corporation 2019s assets .in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes .( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction .the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million .( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million .of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero .( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable .( m ) see note 17 for information on interest rate swaps .on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 .interest on both issues is payable semi- annually beginning august 15 , 2009 .21 .asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . ( in millions ) | 2008 | 2007
asset retirement obligations as of january 1 | $ 1134 | $ 1044
liabilities incurred including acquisitions | 30 | 60
liabilities settled | -94 ( 94 ) | -10 ( 10 )
accretion expense ( included in depreciation depletion and amortization ) | 66 | 61
revisions to previous estimates | 24 | -17 ( 17 )
held for sale ( a ) | -195 ( 195 ) | 2013
deconsolidation of egholdings | 2013 | -4 ( 4 )
asset retirement obligations as of december 31 ( b ) | $ 965 | $ 1134 asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale .( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. .
Question: what was the total of asset retirement obligations in 2008?
Steps: Ask for number 965
Answer: 965.0
Question: and what was it in 2007?
Steps: Ask for number 1134
Answer: 1134.0
Question: what was, then, the change over the year?
Steps: subtract(965, 1134)
Answer: -169.0
Question: and what is this change as a portion of the 2007 total?
Steps: divide(#0, 1134)
Answer: -0.14903
Question: and over the year precedent to this period, what was the change in that total of obligations?
Steps: Ask for number 1134
Answer: 90.0
Question: how much did this change represent in relation to the asset retirement obligations in 2006?
| convfinqa1624 |
( a ) the net change in the total valuation allowance for the years ended december 31 , 2018 and 2017 was an increase of $ 12 million and an increase of $ 26 million , respectively .deferred income tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred charges and other assets and deferred income taxes .there was a decrease in deferred income tax assets principally relating to the utilization of u.s .federal alternative minimum tax credits as permitted under tax reform .deferred tax liabilities increased primarily due to the tax deferral of the book gain recognized on the transfer of the north american consumer packaging business to a subsidiary of graphic packaging holding company .of the $ 1.5 billion of deferred tax liabilities for forestlands , related installment sales , and investment in subsidiary , $ 884 million is attributable to an investment in subsidiary and relates to a 2006 international paper installment sale of forestlands and $ 538 million is attributable to a 2007 temple-inland installment sale of forestlands ( see note 14 ) .a reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended december 31 , 2018 , 2017 and 2016 is as follows: . in millions | 2018 | 2017 | 2016
balance at january 1 | $ -188 ( 188 ) | $ -98 ( 98 ) | $ -150 ( 150 )
( additions ) reductions based on tax positions related to current year | -7 ( 7 ) | -54 ( 54 ) | -4 ( 4 )
( additions ) for tax positions of prior years | -37 ( 37 ) | -40 ( 40 ) | -3 ( 3 )
reductions for tax positions of prior years | 5 | 4 | 33
settlements | 2 | 6 | 19
expiration of statutes oflimitations | 2 | 1 | 5
currency translation adjustment | 3 | -7 ( 7 ) | 2
balance at december 31 | $ -220 ( 220 ) | $ -188 ( 188 ) | $ -98 ( 98 ) if the company were to prevail on the unrecognized tax benefits recorded , substantially all of the balances at december 31 , 2018 , 2017 and 2016 would benefit the effective tax rate .the company accrues interest on unrecognized tax benefits as a component of interest expense .penalties , if incurred , are recognized as a component of income tax expense .the company had approximately $ 21 million and $ 17 million accrued for the payment of estimated interest and penalties associated with unrecognized tax benefits at december 31 , 2018 and 2017 , respectively .the major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .generally , tax years 2006 through 2017 remain open and subject to examination by the relevant tax authorities .the company frequently faces challenges regarding the amount of taxes due .these challenges include positions taken by the company related to the timing , nature , and amount of deductions and the allocation of income among various tax jurisdictions .pending audit settlements and the expiration of statute of limitations could reduce the uncertain tax positions by $ 30 million during the next twelve months .the brazilian federal revenue service has challenged the deductibility of goodwill amortization generated in a 2007 acquisition by international paper do brasil ltda. , a wholly-owned subsidiary of the company .the company received assessments for the tax years 2007-2015 totaling approximately $ 150 million in tax , and $ 380 million in interest and penalties as of december 31 , 2018 ( adjusted for variation in currency exchange rates ) .after a previous favorable ruling challenging the basis for these assessments , we received an unfavorable decision in october 2018 from the brazilian administrative council of tax appeals .the company intends to further appeal the matter in the brazilian federal courts in 2019 ; however , this tax litigation matter may take many years to resolve .the company believes that it has appropriately evaluated the transaction underlying these assessments , and has concluded based on brazilian tax law , that its tax position would be sustained .the company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for tax years subsequent to 2015 .international paper uses the flow-through method to account for investment tax credits earned on eligible open-loop biomass facilities and combined heat and power system expenditures .under this method , the investment tax credits are recognized as a reduction to income tax expense in the year they are earned rather than a reduction in the asset basis .the company recorded a tax benefit of $ 6 million during 2018 and recorded a tax benefit of $ 68 million during 2017 related to investment tax credits earned in tax years 2013-2017. .
Question: what is the change in unrecognized tax benefits from 2017 to 2018?
| 32.0 | 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.
( a ) the net change in the total valuation allowance for the years ended december 31 , 2018 and 2017 was an increase of $ 12 million and an increase of $ 26 million , respectively .deferred income tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred charges and other assets and deferred income taxes .there was a decrease in deferred income tax assets principally relating to the utilization of u.s .federal alternative minimum tax credits as permitted under tax reform .deferred tax liabilities increased primarily due to the tax deferral of the book gain recognized on the transfer of the north american consumer packaging business to a subsidiary of graphic packaging holding company .of the $ 1.5 billion of deferred tax liabilities for forestlands , related installment sales , and investment in subsidiary , $ 884 million is attributable to an investment in subsidiary and relates to a 2006 international paper installment sale of forestlands and $ 538 million is attributable to a 2007 temple-inland installment sale of forestlands ( see note 14 ) .a reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended december 31 , 2018 , 2017 and 2016 is as follows: . in millions | 2018 | 2017 | 2016
balance at january 1 | $ -188 ( 188 ) | $ -98 ( 98 ) | $ -150 ( 150 )
( additions ) reductions based on tax positions related to current year | -7 ( 7 ) | -54 ( 54 ) | -4 ( 4 )
( additions ) for tax positions of prior years | -37 ( 37 ) | -40 ( 40 ) | -3 ( 3 )
reductions for tax positions of prior years | 5 | 4 | 33
settlements | 2 | 6 | 19
expiration of statutes oflimitations | 2 | 1 | 5
currency translation adjustment | 3 | -7 ( 7 ) | 2
balance at december 31 | $ -220 ( 220 ) | $ -188 ( 188 ) | $ -98 ( 98 ) if the company were to prevail on the unrecognized tax benefits recorded , substantially all of the balances at december 31 , 2018 , 2017 and 2016 would benefit the effective tax rate .the company accrues interest on unrecognized tax benefits as a component of interest expense .penalties , if incurred , are recognized as a component of income tax expense .the company had approximately $ 21 million and $ 17 million accrued for the payment of estimated interest and penalties associated with unrecognized tax benefits at december 31 , 2018 and 2017 , respectively .the major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .generally , tax years 2006 through 2017 remain open and subject to examination by the relevant tax authorities .the company frequently faces challenges regarding the amount of taxes due .these challenges include positions taken by the company related to the timing , nature , and amount of deductions and the allocation of income among various tax jurisdictions .pending audit settlements and the expiration of statute of limitations could reduce the uncertain tax positions by $ 30 million during the next twelve months .the brazilian federal revenue service has challenged the deductibility of goodwill amortization generated in a 2007 acquisition by international paper do brasil ltda. , a wholly-owned subsidiary of the company .the company received assessments for the tax years 2007-2015 totaling approximately $ 150 million in tax , and $ 380 million in interest and penalties as of december 31 , 2018 ( adjusted for variation in currency exchange rates ) .after a previous favorable ruling challenging the basis for these assessments , we received an unfavorable decision in october 2018 from the brazilian administrative council of tax appeals .the company intends to further appeal the matter in the brazilian federal courts in 2019 ; however , this tax litigation matter may take many years to resolve .the company believes that it has appropriately evaluated the transaction underlying these assessments , and has concluded based on brazilian tax law , that its tax position would be sustained .the company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for tax years subsequent to 2015 .international paper uses the flow-through method to account for investment tax credits earned on eligible open-loop biomass facilities and combined heat and power system expenditures .under this method , the investment tax credits are recognized as a reduction to income tax expense in the year they are earned rather than a reduction in the asset basis .the company recorded a tax benefit of $ 6 million during 2018 and recorded a tax benefit of $ 68 million during 2017 related to investment tax credits earned in tax years 2013-2017. .
Question: what is the change in unrecognized tax benefits from 2017 to 2018?
| convfinqa1625 |
( a ) the net change in the total valuation allowance for the years ended december 31 , 2018 and 2017 was an increase of $ 12 million and an increase of $ 26 million , respectively .deferred income tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred charges and other assets and deferred income taxes .there was a decrease in deferred income tax assets principally relating to the utilization of u.s .federal alternative minimum tax credits as permitted under tax reform .deferred tax liabilities increased primarily due to the tax deferral of the book gain recognized on the transfer of the north american consumer packaging business to a subsidiary of graphic packaging holding company .of the $ 1.5 billion of deferred tax liabilities for forestlands , related installment sales , and investment in subsidiary , $ 884 million is attributable to an investment in subsidiary and relates to a 2006 international paper installment sale of forestlands and $ 538 million is attributable to a 2007 temple-inland installment sale of forestlands ( see note 14 ) .a reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended december 31 , 2018 , 2017 and 2016 is as follows: . in millions | 2018 | 2017 | 2016
balance at january 1 | $ -188 ( 188 ) | $ -98 ( 98 ) | $ -150 ( 150 )
( additions ) reductions based on tax positions related to current year | -7 ( 7 ) | -54 ( 54 ) | -4 ( 4 )
( additions ) for tax positions of prior years | -37 ( 37 ) | -40 ( 40 ) | -3 ( 3 )
reductions for tax positions of prior years | 5 | 4 | 33
settlements | 2 | 6 | 19
expiration of statutes oflimitations | 2 | 1 | 5
currency translation adjustment | 3 | -7 ( 7 ) | 2
balance at december 31 | $ -220 ( 220 ) | $ -188 ( 188 ) | $ -98 ( 98 ) if the company were to prevail on the unrecognized tax benefits recorded , substantially all of the balances at december 31 , 2018 , 2017 and 2016 would benefit the effective tax rate .the company accrues interest on unrecognized tax benefits as a component of interest expense .penalties , if incurred , are recognized as a component of income tax expense .the company had approximately $ 21 million and $ 17 million accrued for the payment of estimated interest and penalties associated with unrecognized tax benefits at december 31 , 2018 and 2017 , respectively .the major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .generally , tax years 2006 through 2017 remain open and subject to examination by the relevant tax authorities .the company frequently faces challenges regarding the amount of taxes due .these challenges include positions taken by the company related to the timing , nature , and amount of deductions and the allocation of income among various tax jurisdictions .pending audit settlements and the expiration of statute of limitations could reduce the uncertain tax positions by $ 30 million during the next twelve months .the brazilian federal revenue service has challenged the deductibility of goodwill amortization generated in a 2007 acquisition by international paper do brasil ltda. , a wholly-owned subsidiary of the company .the company received assessments for the tax years 2007-2015 totaling approximately $ 150 million in tax , and $ 380 million in interest and penalties as of december 31 , 2018 ( adjusted for variation in currency exchange rates ) .after a previous favorable ruling challenging the basis for these assessments , we received an unfavorable decision in october 2018 from the brazilian administrative council of tax appeals .the company intends to further appeal the matter in the brazilian federal courts in 2019 ; however , this tax litigation matter may take many years to resolve .the company believes that it has appropriately evaluated the transaction underlying these assessments , and has concluded based on brazilian tax law , that its tax position would be sustained .the company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for tax years subsequent to 2015 .international paper uses the flow-through method to account for investment tax credits earned on eligible open-loop biomass facilities and combined heat and power system expenditures .under this method , the investment tax credits are recognized as a reduction to income tax expense in the year they are earned rather than a reduction in the asset basis .the company recorded a tax benefit of $ 6 million during 2018 and recorded a tax benefit of $ 68 million during 2017 related to investment tax credits earned in tax years 2013-2017. .
Question: what is the change in unrecognized tax benefits from 2017 to 2018?
Steps: subtract(220, 188)
Answer: 32.0
Question: what is the balance of unrecognized tax benefits in 2017?
| 188.0 | 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.
( a ) the net change in the total valuation allowance for the years ended december 31 , 2018 and 2017 was an increase of $ 12 million and an increase of $ 26 million , respectively .deferred income tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred charges and other assets and deferred income taxes .there was a decrease in deferred income tax assets principally relating to the utilization of u.s .federal alternative minimum tax credits as permitted under tax reform .deferred tax liabilities increased primarily due to the tax deferral of the book gain recognized on the transfer of the north american consumer packaging business to a subsidiary of graphic packaging holding company .of the $ 1.5 billion of deferred tax liabilities for forestlands , related installment sales , and investment in subsidiary , $ 884 million is attributable to an investment in subsidiary and relates to a 2006 international paper installment sale of forestlands and $ 538 million is attributable to a 2007 temple-inland installment sale of forestlands ( see note 14 ) .a reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended december 31 , 2018 , 2017 and 2016 is as follows: . in millions | 2018 | 2017 | 2016
balance at january 1 | $ -188 ( 188 ) | $ -98 ( 98 ) | $ -150 ( 150 )
( additions ) reductions based on tax positions related to current year | -7 ( 7 ) | -54 ( 54 ) | -4 ( 4 )
( additions ) for tax positions of prior years | -37 ( 37 ) | -40 ( 40 ) | -3 ( 3 )
reductions for tax positions of prior years | 5 | 4 | 33
settlements | 2 | 6 | 19
expiration of statutes oflimitations | 2 | 1 | 5
currency translation adjustment | 3 | -7 ( 7 ) | 2
balance at december 31 | $ -220 ( 220 ) | $ -188 ( 188 ) | $ -98 ( 98 ) if the company were to prevail on the unrecognized tax benefits recorded , substantially all of the balances at december 31 , 2018 , 2017 and 2016 would benefit the effective tax rate .the company accrues interest on unrecognized tax benefits as a component of interest expense .penalties , if incurred , are recognized as a component of income tax expense .the company had approximately $ 21 million and $ 17 million accrued for the payment of estimated interest and penalties associated with unrecognized tax benefits at december 31 , 2018 and 2017 , respectively .the major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .generally , tax years 2006 through 2017 remain open and subject to examination by the relevant tax authorities .the company frequently faces challenges regarding the amount of taxes due .these challenges include positions taken by the company related to the timing , nature , and amount of deductions and the allocation of income among various tax jurisdictions .pending audit settlements and the expiration of statute of limitations could reduce the uncertain tax positions by $ 30 million during the next twelve months .the brazilian federal revenue service has challenged the deductibility of goodwill amortization generated in a 2007 acquisition by international paper do brasil ltda. , a wholly-owned subsidiary of the company .the company received assessments for the tax years 2007-2015 totaling approximately $ 150 million in tax , and $ 380 million in interest and penalties as of december 31 , 2018 ( adjusted for variation in currency exchange rates ) .after a previous favorable ruling challenging the basis for these assessments , we received an unfavorable decision in october 2018 from the brazilian administrative council of tax appeals .the company intends to further appeal the matter in the brazilian federal courts in 2019 ; however , this tax litigation matter may take many years to resolve .the company believes that it has appropriately evaluated the transaction underlying these assessments , and has concluded based on brazilian tax law , that its tax position would be sustained .the company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for tax years subsequent to 2015 .international paper uses the flow-through method to account for investment tax credits earned on eligible open-loop biomass facilities and combined heat and power system expenditures .under this method , the investment tax credits are recognized as a reduction to income tax expense in the year they are earned rather than a reduction in the asset basis .the company recorded a tax benefit of $ 6 million during 2018 and recorded a tax benefit of $ 68 million during 2017 related to investment tax credits earned in tax years 2013-2017. .
Question: what is the change in unrecognized tax benefits from 2017 to 2018?
Steps: subtract(220, 188)
Answer: 32.0
Question: what is the balance of unrecognized tax benefits in 2017?
| convfinqa1626 |
( a ) the net change in the total valuation allowance for the years ended december 31 , 2018 and 2017 was an increase of $ 12 million and an increase of $ 26 million , respectively .deferred income tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred charges and other assets and deferred income taxes .there was a decrease in deferred income tax assets principally relating to the utilization of u.s .federal alternative minimum tax credits as permitted under tax reform .deferred tax liabilities increased primarily due to the tax deferral of the book gain recognized on the transfer of the north american consumer packaging business to a subsidiary of graphic packaging holding company .of the $ 1.5 billion of deferred tax liabilities for forestlands , related installment sales , and investment in subsidiary , $ 884 million is attributable to an investment in subsidiary and relates to a 2006 international paper installment sale of forestlands and $ 538 million is attributable to a 2007 temple-inland installment sale of forestlands ( see note 14 ) .a reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended december 31 , 2018 , 2017 and 2016 is as follows: . in millions | 2018 | 2017 | 2016
balance at january 1 | $ -188 ( 188 ) | $ -98 ( 98 ) | $ -150 ( 150 )
( additions ) reductions based on tax positions related to current year | -7 ( 7 ) | -54 ( 54 ) | -4 ( 4 )
( additions ) for tax positions of prior years | -37 ( 37 ) | -40 ( 40 ) | -3 ( 3 )
reductions for tax positions of prior years | 5 | 4 | 33
settlements | 2 | 6 | 19
expiration of statutes oflimitations | 2 | 1 | 5
currency translation adjustment | 3 | -7 ( 7 ) | 2
balance at december 31 | $ -220 ( 220 ) | $ -188 ( 188 ) | $ -98 ( 98 ) if the company were to prevail on the unrecognized tax benefits recorded , substantially all of the balances at december 31 , 2018 , 2017 and 2016 would benefit the effective tax rate .the company accrues interest on unrecognized tax benefits as a component of interest expense .penalties , if incurred , are recognized as a component of income tax expense .the company had approximately $ 21 million and $ 17 million accrued for the payment of estimated interest and penalties associated with unrecognized tax benefits at december 31 , 2018 and 2017 , respectively .the major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .generally , tax years 2006 through 2017 remain open and subject to examination by the relevant tax authorities .the company frequently faces challenges regarding the amount of taxes due .these challenges include positions taken by the company related to the timing , nature , and amount of deductions and the allocation of income among various tax jurisdictions .pending audit settlements and the expiration of statute of limitations could reduce the uncertain tax positions by $ 30 million during the next twelve months .the brazilian federal revenue service has challenged the deductibility of goodwill amortization generated in a 2007 acquisition by international paper do brasil ltda. , a wholly-owned subsidiary of the company .the company received assessments for the tax years 2007-2015 totaling approximately $ 150 million in tax , and $ 380 million in interest and penalties as of december 31 , 2018 ( adjusted for variation in currency exchange rates ) .after a previous favorable ruling challenging the basis for these assessments , we received an unfavorable decision in october 2018 from the brazilian administrative council of tax appeals .the company intends to further appeal the matter in the brazilian federal courts in 2019 ; however , this tax litigation matter may take many years to resolve .the company believes that it has appropriately evaluated the transaction underlying these assessments , and has concluded based on brazilian tax law , that its tax position would be sustained .the company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for tax years subsequent to 2015 .international paper uses the flow-through method to account for investment tax credits earned on eligible open-loop biomass facilities and combined heat and power system expenditures .under this method , the investment tax credits are recognized as a reduction to income tax expense in the year they are earned rather than a reduction in the asset basis .the company recorded a tax benefit of $ 6 million during 2018 and recorded a tax benefit of $ 68 million during 2017 related to investment tax credits earned in tax years 2013-2017. .
Question: what is the change in unrecognized tax benefits from 2017 to 2018?
Steps: subtract(220, 188)
Answer: 32.0
Question: what is the balance of unrecognized tax benefits in 2017?
Steps: Ask for number 188
Answer: 188.0
Question: what percentage change does this represent?
| 0.17021 | 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.
( a ) the net change in the total valuation allowance for the years ended december 31 , 2018 and 2017 was an increase of $ 12 million and an increase of $ 26 million , respectively .deferred income tax assets and liabilities are recorded in the accompanying consolidated balance sheet under the captions deferred charges and other assets and deferred income taxes .there was a decrease in deferred income tax assets principally relating to the utilization of u.s .federal alternative minimum tax credits as permitted under tax reform .deferred tax liabilities increased primarily due to the tax deferral of the book gain recognized on the transfer of the north american consumer packaging business to a subsidiary of graphic packaging holding company .of the $ 1.5 billion of deferred tax liabilities for forestlands , related installment sales , and investment in subsidiary , $ 884 million is attributable to an investment in subsidiary and relates to a 2006 international paper installment sale of forestlands and $ 538 million is attributable to a 2007 temple-inland installment sale of forestlands ( see note 14 ) .a reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended december 31 , 2018 , 2017 and 2016 is as follows: . in millions | 2018 | 2017 | 2016
balance at january 1 | $ -188 ( 188 ) | $ -98 ( 98 ) | $ -150 ( 150 )
( additions ) reductions based on tax positions related to current year | -7 ( 7 ) | -54 ( 54 ) | -4 ( 4 )
( additions ) for tax positions of prior years | -37 ( 37 ) | -40 ( 40 ) | -3 ( 3 )
reductions for tax positions of prior years | 5 | 4 | 33
settlements | 2 | 6 | 19
expiration of statutes oflimitations | 2 | 1 | 5
currency translation adjustment | 3 | -7 ( 7 ) | 2
balance at december 31 | $ -220 ( 220 ) | $ -188 ( 188 ) | $ -98 ( 98 ) if the company were to prevail on the unrecognized tax benefits recorded , substantially all of the balances at december 31 , 2018 , 2017 and 2016 would benefit the effective tax rate .the company accrues interest on unrecognized tax benefits as a component of interest expense .penalties , if incurred , are recognized as a component of income tax expense .the company had approximately $ 21 million and $ 17 million accrued for the payment of estimated interest and penalties associated with unrecognized tax benefits at december 31 , 2018 and 2017 , respectively .the major jurisdictions where the company files income tax returns are the united states , brazil , france , poland and russia .generally , tax years 2006 through 2017 remain open and subject to examination by the relevant tax authorities .the company frequently faces challenges regarding the amount of taxes due .these challenges include positions taken by the company related to the timing , nature , and amount of deductions and the allocation of income among various tax jurisdictions .pending audit settlements and the expiration of statute of limitations could reduce the uncertain tax positions by $ 30 million during the next twelve months .the brazilian federal revenue service has challenged the deductibility of goodwill amortization generated in a 2007 acquisition by international paper do brasil ltda. , a wholly-owned subsidiary of the company .the company received assessments for the tax years 2007-2015 totaling approximately $ 150 million in tax , and $ 380 million in interest and penalties as of december 31 , 2018 ( adjusted for variation in currency exchange rates ) .after a previous favorable ruling challenging the basis for these assessments , we received an unfavorable decision in october 2018 from the brazilian administrative council of tax appeals .the company intends to further appeal the matter in the brazilian federal courts in 2019 ; however , this tax litigation matter may take many years to resolve .the company believes that it has appropriately evaluated the transaction underlying these assessments , and has concluded based on brazilian tax law , that its tax position would be sustained .the company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for tax years subsequent to 2015 .international paper uses the flow-through method to account for investment tax credits earned on eligible open-loop biomass facilities and combined heat and power system expenditures .under this method , the investment tax credits are recognized as a reduction to income tax expense in the year they are earned rather than a reduction in the asset basis .the company recorded a tax benefit of $ 6 million during 2018 and recorded a tax benefit of $ 68 million during 2017 related to investment tax credits earned in tax years 2013-2017. .
Question: what is the change in unrecognized tax benefits from 2017 to 2018?
Steps: subtract(220, 188)
Answer: 32.0
Question: what is the balance of unrecognized tax benefits in 2017?
Steps: Ask for number 188
Answer: 188.0
Question: what percentage change does this represent?
| convfinqa1627 |
a valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized .changes to our valuation allowance during the year ended december 31 , 2017 , the 2016 fiscal transition period and the years ended may 31 , 2016 and 2015 are summarized below ( in thousands ) : . balance at may 31 2014 | $ -7199 ( 7199 )
utilization of foreign net operating loss carryforwards | 3387
other | -11 ( 11 )
balance at may 31 2015 | -3823 ( 3823 )
allowance for foreign income tax credit carryforward | -7140 ( 7140 )
allowance for domestic net operating loss carryforwards | -4474 ( 4474 )
allowance for domestic net unrealized capital loss | -1526 ( 1526 )
release of allowance of domestic capital loss carryforward | 1746
other | 98
balance at may 31 2016 | -15119 ( 15119 )
allowance for domestic net operating loss carryforwards | -1504 ( 1504 )
release of allowance of domestic net unrealized capital loss | 12
balance at december 31 2016 | -16611 ( 16611 )
allowance for foreign net operating loss carryforwards | -6469 ( 6469 )
allowance for domestic net operating loss carryforwards | -3793 ( 3793 )
allowance for state credit carryforwards | -685 ( 685 )
rate change on domestic net operating loss and capital loss carryforwards | 3868
utilization of foreign income tax credit carryforward | 7140
balance at december 31 2017 | $ -16550 ( 16550 ) the increase in the valuation allowance related to net operating loss carryforwards of $ 10.3 million for the year ended december 31 , 2017 relates primarily to carryforward assets recorded as part of the acquisition of active network .the increase in the valuation allowance related to domestic net operating loss carryforwards of $ 1.5 million and $ 4.5 million for the 2016 fiscal transition period and the year ended may 31 , 2016 , respectively , relates to acquired carryforwards from the merger with heartland .foreign net operating loss carryforwards of $ 43.2 million and domestic net operating loss carryforwards of $ 28.9 million at december 31 , 2017 will expire between december 31 , 2026 and december 31 , 2037 if not utilized .we conduct business globally and file income tax returns in the domestic federal jurisdiction and various state and foreign jurisdictions .in the normal course of business , we are subject to examination by taxing authorities around the world .we are no longer subjected to state income tax examinations for years ended on or before may 31 , 2008 , u.s .federal income tax examinations for years ended on or before december 31 , 2013 and u.k .federal income tax examinations for years ended on or before may 31 , 2014 .88 2013 global payments inc .| 2017 form 10-k annual report .
Question: what was the change in the valuation allowance between 2016 and 2017?
| 61.0 | 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.
a valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized .changes to our valuation allowance during the year ended december 31 , 2017 , the 2016 fiscal transition period and the years ended may 31 , 2016 and 2015 are summarized below ( in thousands ) : . balance at may 31 2014 | $ -7199 ( 7199 )
utilization of foreign net operating loss carryforwards | 3387
other | -11 ( 11 )
balance at may 31 2015 | -3823 ( 3823 )
allowance for foreign income tax credit carryforward | -7140 ( 7140 )
allowance for domestic net operating loss carryforwards | -4474 ( 4474 )
allowance for domestic net unrealized capital loss | -1526 ( 1526 )
release of allowance of domestic capital loss carryforward | 1746
other | 98
balance at may 31 2016 | -15119 ( 15119 )
allowance for domestic net operating loss carryforwards | -1504 ( 1504 )
release of allowance of domestic net unrealized capital loss | 12
balance at december 31 2016 | -16611 ( 16611 )
allowance for foreign net operating loss carryforwards | -6469 ( 6469 )
allowance for domestic net operating loss carryforwards | -3793 ( 3793 )
allowance for state credit carryforwards | -685 ( 685 )
rate change on domestic net operating loss and capital loss carryforwards | 3868
utilization of foreign income tax credit carryforward | 7140
balance at december 31 2017 | $ -16550 ( 16550 ) the increase in the valuation allowance related to net operating loss carryforwards of $ 10.3 million for the year ended december 31 , 2017 relates primarily to carryforward assets recorded as part of the acquisition of active network .the increase in the valuation allowance related to domestic net operating loss carryforwards of $ 1.5 million and $ 4.5 million for the 2016 fiscal transition period and the year ended may 31 , 2016 , respectively , relates to acquired carryforwards from the merger with heartland .foreign net operating loss carryforwards of $ 43.2 million and domestic net operating loss carryforwards of $ 28.9 million at december 31 , 2017 will expire between december 31 , 2026 and december 31 , 2037 if not utilized .we conduct business globally and file income tax returns in the domestic federal jurisdiction and various state and foreign jurisdictions .in the normal course of business , we are subject to examination by taxing authorities around the world .we are no longer subjected to state income tax examinations for years ended on or before may 31 , 2008 , u.s .federal income tax examinations for years ended on or before december 31 , 2013 and u.k .federal income tax examinations for years ended on or before may 31 , 2014 .88 2013 global payments inc .| 2017 form 10-k annual report .
Question: what was the change in the valuation allowance between 2016 and 2017?
| convfinqa1628 |
a valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized .changes to our valuation allowance during the year ended december 31 , 2017 , the 2016 fiscal transition period and the years ended may 31 , 2016 and 2015 are summarized below ( in thousands ) : . balance at may 31 2014 | $ -7199 ( 7199 )
utilization of foreign net operating loss carryforwards | 3387
other | -11 ( 11 )
balance at may 31 2015 | -3823 ( 3823 )
allowance for foreign income tax credit carryforward | -7140 ( 7140 )
allowance for domestic net operating loss carryforwards | -4474 ( 4474 )
allowance for domestic net unrealized capital loss | -1526 ( 1526 )
release of allowance of domestic capital loss carryforward | 1746
other | 98
balance at may 31 2016 | -15119 ( 15119 )
allowance for domestic net operating loss carryforwards | -1504 ( 1504 )
release of allowance of domestic net unrealized capital loss | 12
balance at december 31 2016 | -16611 ( 16611 )
allowance for foreign net operating loss carryforwards | -6469 ( 6469 )
allowance for domestic net operating loss carryforwards | -3793 ( 3793 )
allowance for state credit carryforwards | -685 ( 685 )
rate change on domestic net operating loss and capital loss carryforwards | 3868
utilization of foreign income tax credit carryforward | 7140
balance at december 31 2017 | $ -16550 ( 16550 ) the increase in the valuation allowance related to net operating loss carryforwards of $ 10.3 million for the year ended december 31 , 2017 relates primarily to carryforward assets recorded as part of the acquisition of active network .the increase in the valuation allowance related to domestic net operating loss carryforwards of $ 1.5 million and $ 4.5 million for the 2016 fiscal transition period and the year ended may 31 , 2016 , respectively , relates to acquired carryforwards from the merger with heartland .foreign net operating loss carryforwards of $ 43.2 million and domestic net operating loss carryforwards of $ 28.9 million at december 31 , 2017 will expire between december 31 , 2026 and december 31 , 2037 if not utilized .we conduct business globally and file income tax returns in the domestic federal jurisdiction and various state and foreign jurisdictions .in the normal course of business , we are subject to examination by taxing authorities around the world .we are no longer subjected to state income tax examinations for years ended on or before may 31 , 2008 , u.s .federal income tax examinations for years ended on or before december 31 , 2013 and u.k .federal income tax examinations for years ended on or before may 31 , 2014 .88 2013 global payments inc .| 2017 form 10-k annual report .
Question: what was the change in the valuation allowance between 2016 and 2017?
Steps: subtract(-16550, -16611)
Answer: 61.0
Question: and the net change for the valuation allowance between 2014 and 2015?
| 3376.0 | 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.
a valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will not be realized .changes to our valuation allowance during the year ended december 31 , 2017 , the 2016 fiscal transition period and the years ended may 31 , 2016 and 2015 are summarized below ( in thousands ) : . balance at may 31 2014 | $ -7199 ( 7199 )
utilization of foreign net operating loss carryforwards | 3387
other | -11 ( 11 )
balance at may 31 2015 | -3823 ( 3823 )
allowance for foreign income tax credit carryforward | -7140 ( 7140 )
allowance for domestic net operating loss carryforwards | -4474 ( 4474 )
allowance for domestic net unrealized capital loss | -1526 ( 1526 )
release of allowance of domestic capital loss carryforward | 1746
other | 98
balance at may 31 2016 | -15119 ( 15119 )
allowance for domestic net operating loss carryforwards | -1504 ( 1504 )
release of allowance of domestic net unrealized capital loss | 12
balance at december 31 2016 | -16611 ( 16611 )
allowance for foreign net operating loss carryforwards | -6469 ( 6469 )
allowance for domestic net operating loss carryforwards | -3793 ( 3793 )
allowance for state credit carryforwards | -685 ( 685 )
rate change on domestic net operating loss and capital loss carryforwards | 3868
utilization of foreign income tax credit carryforward | 7140
balance at december 31 2017 | $ -16550 ( 16550 ) the increase in the valuation allowance related to net operating loss carryforwards of $ 10.3 million for the year ended december 31 , 2017 relates primarily to carryforward assets recorded as part of the acquisition of active network .the increase in the valuation allowance related to domestic net operating loss carryforwards of $ 1.5 million and $ 4.5 million for the 2016 fiscal transition period and the year ended may 31 , 2016 , respectively , relates to acquired carryforwards from the merger with heartland .foreign net operating loss carryforwards of $ 43.2 million and domestic net operating loss carryforwards of $ 28.9 million at december 31 , 2017 will expire between december 31 , 2026 and december 31 , 2037 if not utilized .we conduct business globally and file income tax returns in the domestic federal jurisdiction and various state and foreign jurisdictions .in the normal course of business , we are subject to examination by taxing authorities around the world .we are no longer subjected to state income tax examinations for years ended on or before may 31 , 2008 , u.s .federal income tax examinations for years ended on or before december 31 , 2013 and u.k .federal income tax examinations for years ended on or before may 31 , 2014 .88 2013 global payments inc .| 2017 form 10-k annual report .
Question: what was the change in the valuation allowance between 2016 and 2017?
Steps: subtract(-16550, -16611)
Answer: 61.0
Question: and the net change for the valuation allowance between 2014 and 2015?
| convfinqa1629 |
74 2012 ppg annual report and form 10-k 25 .separation and merger transaction on january , 28 , 2013 , the company completed the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary , eagle spinco inc. , with a subsidiary of georgia gulf corporation in a tax efficient reverse morris trust transaction ( the 201ctransaction 201d ) .pursuant to the merger , eagle spinco , the entity holding ppg's former commodity chemicals business , is now a wholly-owned subsidiary of georgia gulf .the closing of the merger followed the expiration of the related exchange offer and the satisfaction of certain other conditions .the combined company formed by uniting georgia gulf with ppg's former commodity chemicals business is named axiall corporation ( 201caxiall 201d ) .ppg holds no ownership interest in axiall .ppg received the necessary ruling from the internal revenue service and as a result this transaction was generally tax free to ppg and its shareholders .under the terms of the exchange offer , 35249104 shares of eagle spinco common stock were available for distribution in exchange for shares of ppg common stock accepted in the offer .following the merger , each share of eagle spinco common stock automatically converted into the right to receive one share of axiall corporation common stock .accordingly , ppg shareholders who tendered their shares of ppg common stock as part of this offer received 3.2562 shares of axiall common stock for each share of ppg common stock accepted for exchange .ppg was able to accept the maximum of 10825227 shares of ppg common stock for exchange in the offer , and thereby , reduced its outstanding shares by approximately 7% ( 7 % ) .under the terms of the transaction , ppg received $ 900 million of cash and 35.2 million shares of axiall common stock ( market value of $ 1.8 billion on january 25 , 2013 ) which was distributed to ppg shareholders by the exchange offer as described above .the cash consideration is subject to customary post-closing adjustment , including a working capital adjustment .in the transaction , ppg transferred environmental remediation liabilities , defined benefit pension plan assets and liabilities and other post-employment benefit liabilities related to the commodity chemicals business to axiall .ppg will report a gain on the transaction reflecting the excess of the sum of the cash proceeds received and the cost ( closing stock price on january 25 , 2013 ) of the ppg shares tendered and accepted in the exchange for the 35.2 million shares of axiall common stock over the net book value of the net assets of ppg's former commodity chemicals business .the transaction will also result in a net partial settlement loss associated with the spin out and termination of defined benefit pension liabilities and the transfer of other post-retirement benefit liabilities under the terms of the transaction .during 2012 , the company incurred $ 21 million of pretax expense , primarily for professional services , related to the transaction .additional transaction-related expenses will be incurred in 2013 .ppg will report the results of its commodity chemicals business for january 2013 and a net gain on the transaction as results from discontinued operations when it reports its results for the quarter ending march 31 , 2013 .in the ppg results for prior periods , presented for comparative purposes beginning with the first quarter 2013 , the results of its former commodity chemicals business will be reclassified from continuing operations and presented as the results from discontinued operations .the net sales and income before income taxes of the commodity chemicals business that will be reclassified and reported as discontinued operations are presented in the table below for the years ended december 31 , 2012 , 2011 and 2010: . millions | year-ended 2012 | year-ended 2011 | year-ended 2010
net sales | $ 1700 | $ 1741 | $ 1441
income before income taxes | $ 368 | $ 376 | $ 187 income before income taxes for the year ended december 31 , 2012 , 2011 and 2010 is $ 4 million lower , $ 6 million higher and $ 2 million lower , respectively , than segment earnings for the ppg commodity chemicals segment reported for these periods .these differences are due to the inclusion of certain gains , losses and expenses associated with the chlor-alkali and derivatives business that were not reported in the ppg commodity chemicals segment earnings in accordance with the accounting guidance on segment reporting .table of contents notes to the consolidated financial statements .
Question: what is the net change in value of sales of the commodity chemicals business that will be reclassified and reported as discontinued operations from 2011 to 2012?
| -41.0 | 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.
74 2012 ppg annual report and form 10-k 25 .separation and merger transaction on january , 28 , 2013 , the company completed the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary , eagle spinco inc. , with a subsidiary of georgia gulf corporation in a tax efficient reverse morris trust transaction ( the 201ctransaction 201d ) .pursuant to the merger , eagle spinco , the entity holding ppg's former commodity chemicals business , is now a wholly-owned subsidiary of georgia gulf .the closing of the merger followed the expiration of the related exchange offer and the satisfaction of certain other conditions .the combined company formed by uniting georgia gulf with ppg's former commodity chemicals business is named axiall corporation ( 201caxiall 201d ) .ppg holds no ownership interest in axiall .ppg received the necessary ruling from the internal revenue service and as a result this transaction was generally tax free to ppg and its shareholders .under the terms of the exchange offer , 35249104 shares of eagle spinco common stock were available for distribution in exchange for shares of ppg common stock accepted in the offer .following the merger , each share of eagle spinco common stock automatically converted into the right to receive one share of axiall corporation common stock .accordingly , ppg shareholders who tendered their shares of ppg common stock as part of this offer received 3.2562 shares of axiall common stock for each share of ppg common stock accepted for exchange .ppg was able to accept the maximum of 10825227 shares of ppg common stock for exchange in the offer , and thereby , reduced its outstanding shares by approximately 7% ( 7 % ) .under the terms of the transaction , ppg received $ 900 million of cash and 35.2 million shares of axiall common stock ( market value of $ 1.8 billion on january 25 , 2013 ) which was distributed to ppg shareholders by the exchange offer as described above .the cash consideration is subject to customary post-closing adjustment , including a working capital adjustment .in the transaction , ppg transferred environmental remediation liabilities , defined benefit pension plan assets and liabilities and other post-employment benefit liabilities related to the commodity chemicals business to axiall .ppg will report a gain on the transaction reflecting the excess of the sum of the cash proceeds received and the cost ( closing stock price on january 25 , 2013 ) of the ppg shares tendered and accepted in the exchange for the 35.2 million shares of axiall common stock over the net book value of the net assets of ppg's former commodity chemicals business .the transaction will also result in a net partial settlement loss associated with the spin out and termination of defined benefit pension liabilities and the transfer of other post-retirement benefit liabilities under the terms of the transaction .during 2012 , the company incurred $ 21 million of pretax expense , primarily for professional services , related to the transaction .additional transaction-related expenses will be incurred in 2013 .ppg will report the results of its commodity chemicals business for january 2013 and a net gain on the transaction as results from discontinued operations when it reports its results for the quarter ending march 31 , 2013 .in the ppg results for prior periods , presented for comparative purposes beginning with the first quarter 2013 , the results of its former commodity chemicals business will be reclassified from continuing operations and presented as the results from discontinued operations .the net sales and income before income taxes of the commodity chemicals business that will be reclassified and reported as discontinued operations are presented in the table below for the years ended december 31 , 2012 , 2011 and 2010: . millions | year-ended 2012 | year-ended 2011 | year-ended 2010
net sales | $ 1700 | $ 1741 | $ 1441
income before income taxes | $ 368 | $ 376 | $ 187 income before income taxes for the year ended december 31 , 2012 , 2011 and 2010 is $ 4 million lower , $ 6 million higher and $ 2 million lower , respectively , than segment earnings for the ppg commodity chemicals segment reported for these periods .these differences are due to the inclusion of certain gains , losses and expenses associated with the chlor-alkali and derivatives business that were not reported in the ppg commodity chemicals segment earnings in accordance with the accounting guidance on segment reporting .table of contents notes to the consolidated financial statements .
Question: what is the net change in value of sales of the commodity chemicals business that will be reclassified and reported as discontinued operations from 2011 to 2012?
| convfinqa1630 |
74 2012 ppg annual report and form 10-k 25 .separation and merger transaction on january , 28 , 2013 , the company completed the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary , eagle spinco inc. , with a subsidiary of georgia gulf corporation in a tax efficient reverse morris trust transaction ( the 201ctransaction 201d ) .pursuant to the merger , eagle spinco , the entity holding ppg's former commodity chemicals business , is now a wholly-owned subsidiary of georgia gulf .the closing of the merger followed the expiration of the related exchange offer and the satisfaction of certain other conditions .the combined company formed by uniting georgia gulf with ppg's former commodity chemicals business is named axiall corporation ( 201caxiall 201d ) .ppg holds no ownership interest in axiall .ppg received the necessary ruling from the internal revenue service and as a result this transaction was generally tax free to ppg and its shareholders .under the terms of the exchange offer , 35249104 shares of eagle spinco common stock were available for distribution in exchange for shares of ppg common stock accepted in the offer .following the merger , each share of eagle spinco common stock automatically converted into the right to receive one share of axiall corporation common stock .accordingly , ppg shareholders who tendered their shares of ppg common stock as part of this offer received 3.2562 shares of axiall common stock for each share of ppg common stock accepted for exchange .ppg was able to accept the maximum of 10825227 shares of ppg common stock for exchange in the offer , and thereby , reduced its outstanding shares by approximately 7% ( 7 % ) .under the terms of the transaction , ppg received $ 900 million of cash and 35.2 million shares of axiall common stock ( market value of $ 1.8 billion on january 25 , 2013 ) which was distributed to ppg shareholders by the exchange offer as described above .the cash consideration is subject to customary post-closing adjustment , including a working capital adjustment .in the transaction , ppg transferred environmental remediation liabilities , defined benefit pension plan assets and liabilities and other post-employment benefit liabilities related to the commodity chemicals business to axiall .ppg will report a gain on the transaction reflecting the excess of the sum of the cash proceeds received and the cost ( closing stock price on january 25 , 2013 ) of the ppg shares tendered and accepted in the exchange for the 35.2 million shares of axiall common stock over the net book value of the net assets of ppg's former commodity chemicals business .the transaction will also result in a net partial settlement loss associated with the spin out and termination of defined benefit pension liabilities and the transfer of other post-retirement benefit liabilities under the terms of the transaction .during 2012 , the company incurred $ 21 million of pretax expense , primarily for professional services , related to the transaction .additional transaction-related expenses will be incurred in 2013 .ppg will report the results of its commodity chemicals business for january 2013 and a net gain on the transaction as results from discontinued operations when it reports its results for the quarter ending march 31 , 2013 .in the ppg results for prior periods , presented for comparative purposes beginning with the first quarter 2013 , the results of its former commodity chemicals business will be reclassified from continuing operations and presented as the results from discontinued operations .the net sales and income before income taxes of the commodity chemicals business that will be reclassified and reported as discontinued operations are presented in the table below for the years ended december 31 , 2012 , 2011 and 2010: . millions | year-ended 2012 | year-ended 2011 | year-ended 2010
net sales | $ 1700 | $ 1741 | $ 1441
income before income taxes | $ 368 | $ 376 | $ 187 income before income taxes for the year ended december 31 , 2012 , 2011 and 2010 is $ 4 million lower , $ 6 million higher and $ 2 million lower , respectively , than segment earnings for the ppg commodity chemicals segment reported for these periods .these differences are due to the inclusion of certain gains , losses and expenses associated with the chlor-alkali and derivatives business that were not reported in the ppg commodity chemicals segment earnings in accordance with the accounting guidance on segment reporting .table of contents notes to the consolidated financial statements .
Question: what is the net change in value of sales of the commodity chemicals business that will be reclassified and reported as discontinued operations from 2011 to 2012?
Steps: subtract(1700, 1741)
Answer: -41.0
Question: what is the change over the 2011 value?
| -0.02355 | 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.
74 2012 ppg annual report and form 10-k 25 .separation and merger transaction on january , 28 , 2013 , the company completed the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary , eagle spinco inc. , with a subsidiary of georgia gulf corporation in a tax efficient reverse morris trust transaction ( the 201ctransaction 201d ) .pursuant to the merger , eagle spinco , the entity holding ppg's former commodity chemicals business , is now a wholly-owned subsidiary of georgia gulf .the closing of the merger followed the expiration of the related exchange offer and the satisfaction of certain other conditions .the combined company formed by uniting georgia gulf with ppg's former commodity chemicals business is named axiall corporation ( 201caxiall 201d ) .ppg holds no ownership interest in axiall .ppg received the necessary ruling from the internal revenue service and as a result this transaction was generally tax free to ppg and its shareholders .under the terms of the exchange offer , 35249104 shares of eagle spinco common stock were available for distribution in exchange for shares of ppg common stock accepted in the offer .following the merger , each share of eagle spinco common stock automatically converted into the right to receive one share of axiall corporation common stock .accordingly , ppg shareholders who tendered their shares of ppg common stock as part of this offer received 3.2562 shares of axiall common stock for each share of ppg common stock accepted for exchange .ppg was able to accept the maximum of 10825227 shares of ppg common stock for exchange in the offer , and thereby , reduced its outstanding shares by approximately 7% ( 7 % ) .under the terms of the transaction , ppg received $ 900 million of cash and 35.2 million shares of axiall common stock ( market value of $ 1.8 billion on january 25 , 2013 ) which was distributed to ppg shareholders by the exchange offer as described above .the cash consideration is subject to customary post-closing adjustment , including a working capital adjustment .in the transaction , ppg transferred environmental remediation liabilities , defined benefit pension plan assets and liabilities and other post-employment benefit liabilities related to the commodity chemicals business to axiall .ppg will report a gain on the transaction reflecting the excess of the sum of the cash proceeds received and the cost ( closing stock price on january 25 , 2013 ) of the ppg shares tendered and accepted in the exchange for the 35.2 million shares of axiall common stock over the net book value of the net assets of ppg's former commodity chemicals business .the transaction will also result in a net partial settlement loss associated with the spin out and termination of defined benefit pension liabilities and the transfer of other post-retirement benefit liabilities under the terms of the transaction .during 2012 , the company incurred $ 21 million of pretax expense , primarily for professional services , related to the transaction .additional transaction-related expenses will be incurred in 2013 .ppg will report the results of its commodity chemicals business for january 2013 and a net gain on the transaction as results from discontinued operations when it reports its results for the quarter ending march 31 , 2013 .in the ppg results for prior periods , presented for comparative purposes beginning with the first quarter 2013 , the results of its former commodity chemicals business will be reclassified from continuing operations and presented as the results from discontinued operations .the net sales and income before income taxes of the commodity chemicals business that will be reclassified and reported as discontinued operations are presented in the table below for the years ended december 31 , 2012 , 2011 and 2010: . millions | year-ended 2012 | year-ended 2011 | year-ended 2010
net sales | $ 1700 | $ 1741 | $ 1441
income before income taxes | $ 368 | $ 376 | $ 187 income before income taxes for the year ended december 31 , 2012 , 2011 and 2010 is $ 4 million lower , $ 6 million higher and $ 2 million lower , respectively , than segment earnings for the ppg commodity chemicals segment reported for these periods .these differences are due to the inclusion of certain gains , losses and expenses associated with the chlor-alkali and derivatives business that were not reported in the ppg commodity chemicals segment earnings in accordance with the accounting guidance on segment reporting .table of contents notes to the consolidated financial statements .
Question: what is the net change in value of sales of the commodity chemicals business that will be reclassified and reported as discontinued operations from 2011 to 2012?
Steps: subtract(1700, 1741)
Answer: -41.0
Question: what is the change over the 2011 value?
| convfinqa1631 |
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s .( such further revisions are commonly referred to as 201cbasel iii 201d ) .basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures .basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer .implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) .in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 .the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance .currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common .in addition , pursuant to the requirements of the dodd-frank act , u.s .federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations .the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets .tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans .the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 .the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures .however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies .december 31 , 2012 ( in millions , except ratios ) . tier 1 common under basel i rules | $ 140342
adjustments related to aoci for afs securities and defined benefit pension and opeb plans | 4077
all other adjustments | -453 ( 453 )
estimated tier 1 common under basel iii rules | $ 143966
estimated risk-weighted assets under basel iii rules ( a ) | $ 1647903
estimated tier 1 common ratio under basel iii rules ( b ) | 8.7% ( 8.7 % ) estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not .the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models .( b ) the tier 1 common ratio is tier 1 common divided by rwa .the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s .federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators .the basel iii capital requirements are subject to prolonged transition periods .the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 .in november 2012 , the u.s .federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements .the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 .management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) .additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report .broker-dealer regulatory capital jpmorgan chase 2019s principal u.s .broker-dealer subsidiaries are j.p .morgan securities llc ( 201cjpmorgan securities 201d ) and j.p .morgan clearing corp .( 201cjpmorgan clearing 201d ) .jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services .jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) .jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) .jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule .at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: for 2012, what was the percentage of the adjustments related to aoci for afs securities and defined benefit pension and opeb plans as part of the tier 1 common under basel i rules?
| 0.02905 | 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.
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s .( such further revisions are commonly referred to as 201cbasel iii 201d ) .basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures .basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer .implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) .in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 .the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance .currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common .in addition , pursuant to the requirements of the dodd-frank act , u.s .federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations .the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets .tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans .the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 .the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures .however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies .december 31 , 2012 ( in millions , except ratios ) . tier 1 common under basel i rules | $ 140342
adjustments related to aoci for afs securities and defined benefit pension and opeb plans | 4077
all other adjustments | -453 ( 453 )
estimated tier 1 common under basel iii rules | $ 143966
estimated risk-weighted assets under basel iii rules ( a ) | $ 1647903
estimated tier 1 common ratio under basel iii rules ( b ) | 8.7% ( 8.7 % ) estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not .the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models .( b ) the tier 1 common ratio is tier 1 common divided by rwa .the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s .federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators .the basel iii capital requirements are subject to prolonged transition periods .the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 .in november 2012 , the u.s .federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements .the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 .management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) .additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report .broker-dealer regulatory capital jpmorgan chase 2019s principal u.s .broker-dealer subsidiaries are j.p .morgan securities llc ( 201cjpmorgan securities 201d ) and j.p .morgan clearing corp .( 201cjpmorgan clearing 201d ) .jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services .jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) .jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) .jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule .at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: for 2012, what was the percentage of the adjustments related to aoci for afs securities and defined benefit pension and opeb plans as part of the tier 1 common under basel i rules?
| convfinqa1632 |
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s .( such further revisions are commonly referred to as 201cbasel iii 201d ) .basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures .basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer .implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) .in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 .the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance .currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common .in addition , pursuant to the requirements of the dodd-frank act , u.s .federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations .the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets .tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans .the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 .the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures .however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies .december 31 , 2012 ( in millions , except ratios ) . tier 1 common under basel i rules | $ 140342
adjustments related to aoci for afs securities and defined benefit pension and opeb plans | 4077
all other adjustments | -453 ( 453 )
estimated tier 1 common under basel iii rules | $ 143966
estimated risk-weighted assets under basel iii rules ( a ) | $ 1647903
estimated tier 1 common ratio under basel iii rules ( b ) | 8.7% ( 8.7 % ) estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not .the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models .( b ) the tier 1 common ratio is tier 1 common divided by rwa .the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s .federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators .the basel iii capital requirements are subject to prolonged transition periods .the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 .in november 2012 , the u.s .federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements .the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 .management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) .additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report .broker-dealer regulatory capital jpmorgan chase 2019s principal u.s .broker-dealer subsidiaries are j.p .morgan securities llc ( 201cjpmorgan securities 201d ) and j.p .morgan clearing corp .( 201cjpmorgan clearing 201d ) .jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services .jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) .jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) .jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule .at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: for 2012, what was the percentage of the adjustments related to aoci for afs securities and defined benefit pension and opeb plans as part of the tier 1 common under basel i rules?
Steps: divide(4077, 140342)
Answer: 0.02905
Question: how much money would jp morgan need in order to meet management's plan to reach an estimated basel iii tier i common ratio of 9.5%?
| 156550.785 | 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.
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s .( such further revisions are commonly referred to as 201cbasel iii 201d ) .basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures .basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer .implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) .in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 .the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance .currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common .in addition , pursuant to the requirements of the dodd-frank act , u.s .federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations .the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets .tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans .the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 .the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures .however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies .december 31 , 2012 ( in millions , except ratios ) . tier 1 common under basel i rules | $ 140342
adjustments related to aoci for afs securities and defined benefit pension and opeb plans | 4077
all other adjustments | -453 ( 453 )
estimated tier 1 common under basel iii rules | $ 143966
estimated risk-weighted assets under basel iii rules ( a ) | $ 1647903
estimated tier 1 common ratio under basel iii rules ( b ) | 8.7% ( 8.7 % ) estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not .the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models .( b ) the tier 1 common ratio is tier 1 common divided by rwa .the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s .federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators .the basel iii capital requirements are subject to prolonged transition periods .the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 .in november 2012 , the u.s .federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements .the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 .management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) .additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report .broker-dealer regulatory capital jpmorgan chase 2019s principal u.s .broker-dealer subsidiaries are j.p .morgan securities llc ( 201cjpmorgan securities 201d ) and j.p .morgan clearing corp .( 201cjpmorgan clearing 201d ) .jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services .jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) .jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) .jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule .at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: for 2012, what was the percentage of the adjustments related to aoci for afs securities and defined benefit pension and opeb plans as part of the tier 1 common under basel i rules?
Steps: divide(4077, 140342)
Answer: 0.02905
Question: how much money would jp morgan need in order to meet management's plan to reach an estimated basel iii tier i common ratio of 9.5%?
| convfinqa1633 |
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s .( such further revisions are commonly referred to as 201cbasel iii 201d ) .basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures .basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer .implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) .in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 .the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance .currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common .in addition , pursuant to the requirements of the dodd-frank act , u.s .federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations .the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets .tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans .the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 .the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures .however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies .december 31 , 2012 ( in millions , except ratios ) . tier 1 common under basel i rules | $ 140342
adjustments related to aoci for afs securities and defined benefit pension and opeb plans | 4077
all other adjustments | -453 ( 453 )
estimated tier 1 common under basel iii rules | $ 143966
estimated risk-weighted assets under basel iii rules ( a ) | $ 1647903
estimated tier 1 common ratio under basel iii rules ( b ) | 8.7% ( 8.7 % ) estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not .the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models .( b ) the tier 1 common ratio is tier 1 common divided by rwa .the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s .federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators .the basel iii capital requirements are subject to prolonged transition periods .the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 .in november 2012 , the u.s .federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements .the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 .management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) .additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report .broker-dealer regulatory capital jpmorgan chase 2019s principal u.s .broker-dealer subsidiaries are j.p .morgan securities llc ( 201cjpmorgan securities 201d ) and j.p .morgan clearing corp .( 201cjpmorgan clearing 201d ) .jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services .jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) .jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) .jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule .at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: for 2012, what was the percentage of the adjustments related to aoci for afs securities and defined benefit pension and opeb plans as part of the tier 1 common under basel i rules?
Steps: divide(4077, 140342)
Answer: 0.02905
Question: how much money would jp morgan need in order to meet management's plan to reach an estimated basel iii tier i common ratio of 9.5%?
Steps: Ask for number 1647903
Answer: 156550.785
Question: so how much more money would they need?
| 12584.785 | 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.
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s .( such further revisions are commonly referred to as 201cbasel iii 201d ) .basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures .basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer .implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) .in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 .the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance .currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common .in addition , pursuant to the requirements of the dodd-frank act , u.s .federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations .the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets .tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans .the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 .the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures .however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies .december 31 , 2012 ( in millions , except ratios ) . tier 1 common under basel i rules | $ 140342
adjustments related to aoci for afs securities and defined benefit pension and opeb plans | 4077
all other adjustments | -453 ( 453 )
estimated tier 1 common under basel iii rules | $ 143966
estimated risk-weighted assets under basel iii rules ( a ) | $ 1647903
estimated tier 1 common ratio under basel iii rules ( b ) | 8.7% ( 8.7 % ) estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not .the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models .( b ) the tier 1 common ratio is tier 1 common divided by rwa .the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s .federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators .the basel iii capital requirements are subject to prolonged transition periods .the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 .in november 2012 , the u.s .federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements .the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 .management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) .additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report .broker-dealer regulatory capital jpmorgan chase 2019s principal u.s .broker-dealer subsidiaries are j.p .morgan securities llc ( 201cjpmorgan securities 201d ) and j.p .morgan clearing corp .( 201cjpmorgan clearing 201d ) .jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services .jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) .jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) .jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule .at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: for 2012, what was the percentage of the adjustments related to aoci for afs securities and defined benefit pension and opeb plans as part of the tier 1 common under basel i rules?
Steps: divide(4077, 140342)
Answer: 0.02905
Question: how much money would jp morgan need in order to meet management's plan to reach an estimated basel iii tier i common ratio of 9.5%?
Steps: Ask for number 1647903
Answer: 156550.785
Question: so how much more money would they need?
| convfinqa1634 |
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
| 11.6 | 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.
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
| convfinqa1635 |
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
| 8.6 | 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.
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
| convfinqa1636 |
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change?
| 3.0 | 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.
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change?
| convfinqa1637 |
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change?
Steps: subtract(11.6, 8.6)
Answer: 3.0
Question: what was the 2011 value?
| 8.6 | 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.
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change?
Steps: subtract(11.6, 8.6)
Answer: 3.0
Question: what was the 2011 value?
| convfinqa1638 |
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change?
Steps: subtract(11.6, 8.6)
Answer: 3.0
Question: what was the 2011 value?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change over that?
| 0.34884 | 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.
( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) .additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items .industrial packaging . in millions | 2012 | 2011 | 2010
sales | $ 13280 | $ 10430 | $ 9840
operating profit | 1066 | 1147 | 826 north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 .operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 .sales volumes for the legacy business were about flat in 2012 compared with 2011 .average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year .input costs were lower for recycled fiber , wood and natural gas , but higher for starch .freight costs also increased .plan- ned maintenance downtime costs were higher than in 2011 .operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies .market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 .operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills .operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland .looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days .average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 .input costs are expected to be higher for recycled fiber , wood and starch .planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter .manufacturing operating costs are expected to be lower .european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 .operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 .sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe .demand for pack- aging in the agricultural markets was about flat year- over-year .average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs .other input costs were higher , primarily for energy and distribution .operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant .entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets .average sales margins are expected to improve due to lower input costs for containerboard .other input costs should be about flat .operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs .net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 .operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 .operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs .looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality .net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 .operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. .
Question: what were north american industrial packaging net sales in 2012?
Steps: Ask for number 11.6
Answer: 11.6
Question: what were they in 2011?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change?
Steps: subtract(11.6, 8.6)
Answer: 3.0
Question: what was the 2011 value?
Steps: Ask for number 8.6
Answer: 8.6
Question: what is the net change over that?
| convfinqa1639 |
compared with $ 6.2 billion in 2013 .operating profits in 2015 were significantly higher than in both 2014 and 2013 .excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .the net book value of these assets at december 31 , 2013 was approximately $ 470 million .in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .printing papers . in millions | 2015 | 2014 | 2013
sales | $ 5031 | $ 5720 | $ 6205
operating profit ( loss ) | 533 | -16 ( 16 ) | 271 north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .shipments to the domestic market increased , but export shipments declined .average sales price realizations decreased , primarily in the domestic market .input costs were lower , mainly for energy .planned maintenance downtime costs were $ 12 million higher in 2015 .operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .input costs are expected to be stable .planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .h .glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .market had been injured by imports of the products .accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .raw material costs increased for energy and wood .operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .
Question: what was the value of north american printer paper net sales in 2014?
| 2.1 | 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.
compared with $ 6.2 billion in 2013 .operating profits in 2015 were significantly higher than in both 2014 and 2013 .excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .the net book value of these assets at december 31 , 2013 was approximately $ 470 million .in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .printing papers . in millions | 2015 | 2014 | 2013
sales | $ 5031 | $ 5720 | $ 6205
operating profit ( loss ) | 533 | -16 ( 16 ) | 271 north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .shipments to the domestic market increased , but export shipments declined .average sales price realizations decreased , primarily in the domestic market .input costs were lower , mainly for energy .planned maintenance downtime costs were $ 12 million higher in 2015 .operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .input costs are expected to be stable .planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .h .glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .market had been injured by imports of the products .accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .raw material costs increased for energy and wood .operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .
Question: what was the value of north american printer paper net sales in 2014?
| convfinqa1640 |
compared with $ 6.2 billion in 2013 .operating profits in 2015 were significantly higher than in both 2014 and 2013 .excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .the net book value of these assets at december 31 , 2013 was approximately $ 470 million .in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .printing papers . in millions | 2015 | 2014 | 2013
sales | $ 5031 | $ 5720 | $ 6205
operating profit ( loss ) | 533 | -16 ( 16 ) | 271 north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .shipments to the domestic market increased , but export shipments declined .average sales price realizations decreased , primarily in the domestic market .input costs were lower , mainly for energy .planned maintenance downtime costs were $ 12 million higher in 2015 .operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .input costs are expected to be stable .planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .h .glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .market had been injured by imports of the products .accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .raw material costs increased for energy and wood .operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .
Question: what was the value of north american printer paper net sales in 2014?
Steps: Ask for number 2.1
Answer: 2.1
Question: what is that number times 1000?
| 2100.0 | 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.
compared with $ 6.2 billion in 2013 .operating profits in 2015 were significantly higher than in both 2014 and 2013 .excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .the net book value of these assets at december 31 , 2013 was approximately $ 470 million .in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .printing papers . in millions | 2015 | 2014 | 2013
sales | $ 5031 | $ 5720 | $ 6205
operating profit ( loss ) | 533 | -16 ( 16 ) | 271 north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .shipments to the domestic market increased , but export shipments declined .average sales price realizations decreased , primarily in the domestic market .input costs were lower , mainly for energy .planned maintenance downtime costs were $ 12 million higher in 2015 .operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .input costs are expected to be stable .planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .h .glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .market had been injured by imports of the products .accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .raw material costs increased for energy and wood .operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .
Question: what was the value of north american printer paper net sales in 2014?
Steps: Ask for number 2.1
Answer: 2.1
Question: what is that number times 1000?
| convfinqa1641 |
compared with $ 6.2 billion in 2013 .operating profits in 2015 were significantly higher than in both 2014 and 2013 .excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .the net book value of these assets at december 31 , 2013 was approximately $ 470 million .in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .printing papers . in millions | 2015 | 2014 | 2013
sales | $ 5031 | $ 5720 | $ 6205
operating profit ( loss ) | 533 | -16 ( 16 ) | 271 north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .shipments to the domestic market increased , but export shipments declined .average sales price realizations decreased , primarily in the domestic market .input costs were lower , mainly for energy .planned maintenance downtime costs were $ 12 million higher in 2015 .operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .input costs are expected to be stable .planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .h .glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .market had been injured by imports of the products .accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .raw material costs increased for energy and wood .operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .
Question: what was the value of north american printer paper net sales in 2014?
Steps: Ask for number 2.1
Answer: 2.1
Question: what is that number times 1000?
Steps: multiply(2.1, const_1000)
Answer: 2100.0
Question: what is the quotient of that difference to total 2014 sales?
| 0.36713 | 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.
compared with $ 6.2 billion in 2013 .operating profits in 2015 were significantly higher than in both 2014 and 2013 .excluding facility closure costs , impairment costs and other special items , operating profits in 2015 were 3% ( 3 % ) lower than in 2014 and 4% ( 4 % ) higher than in 2013 .benefits from lower input costs ( $ 18 million ) , lower costs associated with the closure of our courtland , alabama mill ( $ 44 million ) and favorable foreign exchange ( $ 33 million ) were offset by lower average sales price realizations and mix ( $ 52 million ) , lower sales volumes ( $ 16 million ) , higher operating costs ( $ 18 million ) and higher planned maintenance downtime costs ( $ 26 million ) .in addition , operating profits in 2014 include special items costs of $ 554 million associated with the closure of our courtland , alabama mill .during 2013 , the company accelerated depreciation for certain courtland assets , and evaluated certain other assets for possible alternative uses by one of our other businesses .the net book value of these assets at december 31 , 2013 was approximately $ 470 million .in the first quarter of 2014 , we completed our evaluation and concluded that there were no alternative uses for these assets .we recognized approximately $ 464 million of accelerated depreciation related to these assets in 2014 .operating profits in 2014 also include a charge of $ 32 million associated with a foreign tax amnesty program , and a gain of $ 20 million for the resolution of a legal contingency in india , while operating profits in 2013 included costs of $ 118 million associated with the announced closure of our courtland , alabama mill and a $ 123 million impairment charge associated with goodwill and a trade name intangible asset in our india papers business .printing papers . in millions | 2015 | 2014 | 2013
sales | $ 5031 | $ 5720 | $ 6205
operating profit ( loss ) | 533 | -16 ( 16 ) | 271 north american printing papers net sales were $ 1.9 billion in 2015 , $ 2.1 billion in 2014 and $ 2.6 billion in 2013 .operating profits in 2015 were $ 179 million compared with a loss of $ 398 million ( a gain of $ 156 million excluding costs associated with the shutdown of our courtland , alabama mill ) in 2014 and a gain of $ 36 million ( $ 154 million excluding costs associated with the courtland mill shutdown ) in 2013 .sales volumes in 2015 decreased compared with 2014 primarily due to the closure of our courtland mill in 2014 .shipments to the domestic market increased , but export shipments declined .average sales price realizations decreased , primarily in the domestic market .input costs were lower , mainly for energy .planned maintenance downtime costs were $ 12 million higher in 2015 .operating profits in 2014 were negatively impacted by costs associated with the shutdown of our courtland , alabama mill .entering the first quarter of 2016 , sales volumes are expected to be up slightly compared with the fourth quarter of 2015 .average sales margins should be about flat reflecting lower average sales price realizations offset by a more favorable product mix .input costs are expected to be stable .planned maintenance downtime costs are expected to be about $ 14 million lower with an outage scheduled in the 2016 first quarter at our georgetown mill compared with outages at our eastover and riverdale mills in the 2015 fourth quarter .in january 2015 , the united steelworkers , domtar corporation , packaging corporation of america , finch paper llc and p .h .glatfelter company ( the petitioners ) filed an anti-dumping petition before the united states international trade commission ( itc ) and the united states department of commerce ( doc ) alleging that paper producers in china , indonesia , australia , brazil , and portugal are selling uncoated free sheet paper in sheet form ( the products ) in violation of international trade rules .the petitioners also filed a countervailing-duties petition with these agencies regarding imports of the products from china and indonesia .in january 2016 , the doc announced its final countervailing duty rates on imports of the products to the united states from certain producers from china and indonesia .also , in january 2016 , the doc announced its final anti-dumping duty rates on imports of the products to the united states from certain producers from australia , brazil , china , indonesia and portugal .in february 2016 , the itc concluded its anti- dumping and countervailing duties investigations and made a final determination that the u.s .market had been injured by imports of the products .accordingly , the doc 2019s previously announced countervailing duty rates and anti-dumping duty rates will be in effect for a minimum of five years .we do not believe the impact of these rates will have a material , adverse effect on our consolidated financial statements .brazilian papers net sales for 2015 were $ 878 million compared with $ 1.1 billion in 2014 and $ 1.1 billion in 2013 .operating profits for 2015 were $ 186 million compared with $ 177 million ( $ 209 million excluding costs associated with a tax amnesty program ) in 2014 and $ 210 million in 2013 .sales volumes in 2015 were lower compared with 2014 reflecting weak economic conditions and the absence of 2014 one-time events .average sales price realizations improved for domestic uncoated freesheet paper due to the realization of price increases implemented in the second half of 2015 .margins were unfavorably affected by an increased proportion of sales to the lower-margin export markets .raw material costs increased for energy and wood .operating costs were higher than in 2014 , while planned maintenance downtime costs were $ 4 million lower. .
Question: what was the value of north american printer paper net sales in 2014?
Steps: Ask for number 2.1
Answer: 2.1
Question: what is that number times 1000?
Steps: multiply(2.1, const_1000)
Answer: 2100.0
Question: what is the quotient of that difference to total 2014 sales?
| convfinqa1642 |
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
| 2.9 | 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.
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
| convfinqa1643 |
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
| 3.6 | 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.
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
| convfinqa1644 |
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the difference between these two values?
| -0.7 | 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.
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the difference between these two values?
| convfinqa1645 |
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the difference between these two values?
Steps: subtract(2.9, 3.6)
Answer: -0.7
Question: and the value for 2009 again?
| 3.6 | 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.
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the difference between these two values?
Steps: subtract(2.9, 3.6)
Answer: -0.7
Question: and the value for 2009 again?
| convfinqa1646 |
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the difference between these two values?
Steps: subtract(2.9, 3.6)
Answer: -0.7
Question: and the value for 2009 again?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the percentage decline during this time?
| -0.19444 | 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.
tax benefits recognized for stock-based compensation during the years ended december 31 , 2011 , 2010 and 2009 , were $ 16 million , $ 6 million and $ 5 million , respectively .the amount of northrop grumman shares issued before the spin-off to satisfy stock-based compensation awards are recorded by northrop grumman and , accordingly , are not reflected in hii 2019s consolidated financial statements .the company realized tax benefits during the year ended december 31 , 2011 , of $ 2 million from the exercise of stock options and $ 10 million from the issuance of stock in settlement of rpsrs and rsrs .unrecognized compensation expense at december 31 , 2011 there was $ 1 million of unrecognized compensation expense related to unvested stock option awards , which will be recognized over a weighted average period of 1.1 years .in addition , at december 31 , 2011 , there was $ 19 million of unrecognized compensation expense associated with the 2011 rsrs , which will be recognized over a period of 2.2 years ; $ 10 million of unrecognized compensation expense associated with the rpsrs converted as part of the spin-off , which will be recognized over a weighted average period of one year ; and $ 18 million of unrecognized compensation expense associated with the 2011 rpsrs which will be recognized over a period of 2.0 years .stock options the compensation expense for the outstanding converted stock options was determined at the time of grant by northrop grumman .there were no additional options granted during the year ended december 31 , 2011 .the fair value of the stock option awards is expensed on a straight-line basis over the vesting period of the options .the fair value of each of the stock option award was estimated on the date of grant using a black-scholes option pricing model based on the following assumptions : dividend yield 2014the dividend yield was based on northrop grumman 2019s historical dividend yield level .volatility 2014expected volatility was based on the average of the implied volatility from traded options and the historical volatility of northrop grumman 2019s stock .risk-free interest rate 2014the risk-free rate for periods within the contractual life of the stock option award was based on the yield curve of a zero-coupon u.s .treasury bond on the date the award was granted with a maturity equal to the expected term of the award .expected term 2014the expected term of awards granted was derived from historical experience and represents the period of time that awards granted are expected to be outstanding .a stratification of expected terms based on employee populations ( executive and non-executive ) was considered in the analysis .the following significant weighted-average assumptions were used to value stock options granted during the years ended december 31 , 2010 and 2009: . | 2010 | 2009
dividend yield | 2.9% ( 2.9 % ) | 3.6% ( 3.6 % )
volatility rate | 25% ( 25 % ) | 25% ( 25 % )
risk-free interest rate | 2.3% ( 2.3 % ) | 1.7% ( 1.7 % )
expected option life ( years ) | 6 | 5 & 6 the weighted-average grant date fair value of stock options granted during the years ended december 31 , 2010 and 2009 , was $ 11 and $ 7 , per share , respectively. .
Question: what was the dividend yield for 2010?
Steps: Ask for number 2.9
Answer: 2.9
Question: and for 2009?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the difference between these two values?
Steps: subtract(2.9, 3.6)
Answer: -0.7
Question: and the value for 2009 again?
Steps: Ask for number 3.6
Answer: 3.6
Question: so what was the percentage decline during this time?
| convfinqa1647 |
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
| 0.66 | 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.
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
| convfinqa1648 |
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
Steps: subtract(3.82, 3.16)
Answer: 0.66
Question: and how much does this change represent in relation to that weighted average fair value in the beginning of the year?
| 0.20886 | 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.
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
Steps: subtract(3.82, 3.16)
Answer: 0.66
Question: and how much does this change represent in relation to that weighted average fair value in the beginning of the year?
| convfinqa1649 |
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
Steps: subtract(3.82, 3.16)
Answer: 0.66
Question: and how much does this change represent in relation to that weighted average fair value in the beginning of the year?
Steps: divide(#0, 3.16)
Answer: 0.20886
Question: and throughout 2009, what was the change in that weighted average fair value?
| -2.57 | 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.
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
Steps: subtract(3.82, 3.16)
Answer: 0.66
Question: and how much does this change represent in relation to that weighted average fair value in the beginning of the year?
Steps: divide(#0, 3.16)
Answer: 0.20886
Question: and throughout 2009, what was the change in that weighted average fair value?
| convfinqa1650 |
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
Steps: subtract(3.82, 3.16)
Answer: 0.66
Question: and how much does this change represent in relation to that weighted average fair value in the beginning of the year?
Steps: divide(#0, 3.16)
Answer: 0.20886
Question: and throughout 2009, what was the change in that weighted average fair value?
Steps: Ask for number 3.16
Answer: -2.57
Question: what is this change as a portion of the weighted average fair value of options granted in the beginning of the year?
| -0.44852 | 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.
kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied .these bonds expire upon the completion of the improvements and infrastructure .as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding .as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project .the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued .the company is subject to various other legal proceedings and claims that arise in the ordinary course of business .management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company .23 .incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) .the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants .the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions .unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant .restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year .performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors .in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees .the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values .the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula .the assump- tion for expected volatility has a significant affect on the grant date fair value .volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure .the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . 2009 | year ended december 31 2010 2009 | year ended december 31 2010 2009 | year ended december 31 2010
weighted average fair value of options granted | $ 3.82 | $ 3.16 | $ 5.73
weighted average risk-free interest rates | 2.40% ( 2.40 % ) | 2.54% ( 2.54 % ) | 3.13% ( 3.13 % )
weighted average expected option lives ( in years ) | 6.25 | 6.25 | 6.38
weighted average expected volatility | 37.98% ( 37.98 % ) | 45.81% ( 45.81 % ) | 26.16% ( 26.16 % )
weighted average expected dividend yield | 4.21% ( 4.21 % ) | 5.48% ( 5.48 % ) | 4.33% ( 4.33 % ) .
Question: what was the change in the weighted average fair value of options granted throughout 2010?
Steps: subtract(3.82, 3.16)
Answer: 0.66
Question: and how much does this change represent in relation to that weighted average fair value in the beginning of the year?
Steps: divide(#0, 3.16)
Answer: 0.20886
Question: and throughout 2009, what was the change in that weighted average fair value?
Steps: Ask for number 3.16
Answer: -2.57
Question: what is this change as a portion of the weighted average fair value of options granted in the beginning of the year?
| convfinqa1651 |
the hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
| 51.0 | 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 hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
| convfinqa1652 |
the hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
Steps: add(20, 31)
Answer: 51.0
Question: including 2009, what becomes this total?
| 110.0 | 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 hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
Steps: add(20, 31)
Answer: 51.0
Question: including 2009, what becomes this total?
| convfinqa1653 |
the hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
Steps: add(20, 31)
Answer: 51.0
Question: including 2009, what becomes this total?
Steps: add(59, #0)
Answer: 110.0
Question: and what is the average between the three years, in millions?
| 36.66667 | 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 hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
Steps: add(20, 31)
Answer: 51.0
Question: including 2009, what becomes this total?
Steps: add(59, #0)
Answer: 110.0
Question: and what is the average between the three years, in millions?
| convfinqa1654 |
the hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
Steps: add(20, 31)
Answer: 51.0
Question: including 2009, what becomes this total?
Steps: add(59, #0)
Answer: 110.0
Question: and what is the average between the three years, in millions?
Steps: divide(#1, const_3)
Answer: 36.66667
Question: and between the last two years of that period, what was the change in the balance of deferred sales?
| 21.0 | 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 hartford financial services group , inc .notes to consolidated financial statements ( continued ) 10 .sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products .the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs .amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract .consistent with the unlock , the company unlocked the amortization of the sales inducement asset .see note 7 for more information concerning the unlock .changes in deferred sales inducement activity were as follows for the years ended december 31: . | 2011 | 2010 | 2009
balance beginning of year | $ 459 | $ 438 | $ 553
sales inducements deferred | 20 | 31 | 59
amortization charged to income | -17 ( 17 ) | -8 ( 8 ) | -105 ( 105 )
amortization 2014 unlock | -28 ( 28 ) | -2 ( 2 ) | -69 ( 69 )
balance end of year | $ 434 | $ 459 | $ 438 11 .reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued .the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries .for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate .in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis .these reserves are computed such that they are expected to meet the company 2019s future policy obligations .future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death .changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions .liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits .liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported .these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix .in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes .the effects of inflation are implicitly considered in the reserving process. .
Question: what was the total of sales inducements deferred for the years of 2010 and 2011, combined, in millions?
Steps: add(20, 31)
Answer: 51.0
Question: including 2009, what becomes this total?
Steps: add(59, #0)
Answer: 110.0
Question: and what is the average between the three years, in millions?
Steps: divide(#1, const_3)
Answer: 36.66667
Question: and between the last two years of that period, what was the change in the balance of deferred sales?
| convfinqa1655 |
the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
| 65.0 | 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 company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
| convfinqa1656 |
the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
| 40.0 | 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 company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
| convfinqa1657 |
the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
| 1.625 | 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 company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
| convfinqa1658 |
the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
Steps: divide(#0, 40)
Answer: 1.625
Question: what about the reclassification of non-controlling interests in 2008?
| 105.0 | 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 company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
Steps: divide(#0, 40)
Answer: 1.625
Question: what about the reclassification of non-controlling interests in 2008?
| convfinqa1659 |
the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
Steps: divide(#0, 40)
Answer: 1.625
Question: what about the reclassification of non-controlling interests in 2008?
Steps: Ask for number 105
Answer: 105.0
Question: what is the total balance of equity as previously reported in 2008?
| 5310.0 | 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 company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
Steps: divide(#0, 40)
Answer: 1.625
Question: what about the reclassification of non-controlling interests in 2008?
Steps: Ask for number 105
Answer: 105.0
Question: what is the total balance of equity as previously reported in 2008?
| convfinqa1660 |
the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
Steps: divide(#0, 40)
Answer: 1.625
Question: what about the reclassification of non-controlling interests in 2008?
Steps: Ask for number 105
Answer: 105.0
Question: what is the total balance of equity as previously reported in 2008?
Steps: Ask for number 5310
Answer: 5310.0
Question: what portion of equity balance is related to reclassification of non-controlling interests?
| 0.01977 | 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 company recognizes the effect of income tax positions only if sustaining those positions is more likely than not .changes in recognition or measurement are reflected in the period in which a change in judgment occurs .the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income .changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests .the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses .it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date .business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained .this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed .in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations .in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination .the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations .the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements .the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary .the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position .the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests .in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests .changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions .if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income .in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income .prior period amounts have been restated to conform to the current year 2019s presentation .the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . as of december 31 | 2008 | 2007
equity as previously reported | $ 5310 | $ 6221
increase for reclassification of non-controlling interests | 105 | 40
equity as adjusted | $ 5415 | $ 6261 the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income .the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively .net .
Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?
Steps: subtract(105, 40)
Answer: 65.0
Question: what is the reclassification of non-controlling interests in 2007?
Steps: Ask for number 40
Answer: 40.0
Question: what percentage change does this represent?
Steps: divide(#0, 40)
Answer: 1.625
Question: what about the reclassification of non-controlling interests in 2008?
Steps: Ask for number 105
Answer: 105.0
Question: what is the total balance of equity as previously reported in 2008?
Steps: Ask for number 5310
Answer: 5310.0
Question: what portion of equity balance is related to reclassification of non-controlling interests?
| convfinqa1661 |
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
| 15688.0 | 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.
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
| convfinqa1662 |
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
Steps: Ask for number 15688
Answer: 15688.0
Question: what about in 2011?
| 14663.0 | 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.
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
Steps: Ask for number 15688
Answer: 15688.0
Question: what about in 2011?
| convfinqa1663 |
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
Steps: Ask for number 15688
Answer: 15688.0
Question: what about in 2011?
Steps: Ask for number 14663
Answer: 14663.0
Question: what is the net increase in total revenue?
| 1025.0 | 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.
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
Steps: Ask for number 15688
Answer: 15688.0
Question: what about in 2011?
Steps: Ask for number 14663
Answer: 14663.0
Question: what is the net increase in total revenue?
| convfinqa1664 |
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
Steps: Ask for number 15688
Answer: 15688.0
Question: what about in 2011?
Steps: Ask for number 14663
Answer: 14663.0
Question: what is the net increase in total revenue?
Steps: subtract(15688, 14663)
Answer: 1025.0
Question: what growth rate does this represent?
| 0.0699 | 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.
key operating and financial activities significant operating and financial activities during 2012 include : 2022 net proved reserve additions for the e&p and osm segments combined of 389 mmboe , for a 226 percent reserve replacement 2022 increased proved liquid hydrocarbon and synthetic crude oil reserves by 316 mmbbls , for a reserve replacement of 268 percent for these commodities 2022 recorded more than 95 percent average operational availability for operated e&p assets 2022 increased e&p net sales volumes , excluding libya , by 8 percent 2022 eagle ford shale average net sales volumes of 65 mboed for december 2012 , a fourfold increase over december 2011 2022 bakken shale average net sales volumes of 29 mboed , a 71 percent increase over last year 2022 resumed sales from libya and reached pre-conflict production levels 2022 international liquid hydrocarbon sales volumes , for which average realizations have exceeded wti , were 62 percent of net e&p liquid hydrocarbon sales 2022 closed $ 1 billion of acquisitions in the core of the eagle ford shale 2022 assumed operatorship of the vilje field located offshore norway 2022 signed agreements for new exploration positions in e.g. , gabon , kenya and ethiopia 2022 issued $ 1 billion of 3-year senior notes at 0.9 percent interest and $ 1 billion of 10-year senior notes at 2.8 percent interest some significant 2013 activities through february 22 , 2013 include : 2022 closed sale of our alaska assets in january 2013 2022 closed sale of our interest in the neptune gas plant in february 2013 consolidated results of operations : 2012 compared to 2011 consolidated income before income taxes was 38 percent higher in 2012 than consolidated income from continuing operations before income taxes were in 2011 , largely due to higher liquid hydrocarbon sales volumes in our e&p segment , partially offset by lower earnings from our osm and ig segments .the 7 percent decrease in income from continuing operations included lower earnings in the u.k .and e.g. , partially offset by higher earnings in libya .also , in 2011 we were not in an excess foreign tax credit position for the entire year as we were in 2012 .the effective income tax rate for continuing operations was 74 percent in 2012 compared to 61 percent in 2011 .revenues are summarized in the following table: . ( in millions ) | 2012 | 2011
e&p | $ 14084 | $ 13029
osm | 1552 | 1588
ig | 2014 | 93
segment revenues | 15636 | 14710
elimination of intersegment revenues | 2014 | -47 ( 47 )
unrealized gain on crude oil derivative instruments | 52 | 2014
total revenues | $ 15688 | $ 14663 e&p segment revenues increased $ 1055 million from 2011 to 2012 , primarily due to higher average liquid hydrocarbon sales volumes .e&p segment revenues included a net realized gain on crude oil derivative instruments of $ 15 million in 2012 while the impact of derivatives was not significant in 2011 .see item 8 .financial statements and supplementary data 2013 note 16 to the consolidated financial statement for more information about our crude oil derivative instruments .included in our e&p segment are supply optimization activities which include the purchase of commodities from third parties for resale .see the cost of revenues discussion as revenues from supply optimization approximate the related costs .supply optimization serves to aggregate volumes in order to satisfy transportation commitments and to achieve flexibility within product .
Question: what is the total revenue in 2012?
Steps: Ask for number 15688
Answer: 15688.0
Question: what about in 2011?
Steps: Ask for number 14663
Answer: 14663.0
Question: what is the net increase in total revenue?
Steps: subtract(15688, 14663)
Answer: 1025.0
Question: what growth rate does this represent?
| convfinqa1665 |
at december 31 .the following table summarizes our restricted cash and marketable securities as of december . | 2010 | 2009
financing proceeds | $ 39.8 | $ 93.1
capping closure and post-closure obligations | 61.8 | 62.4
self-insurance | 63.8 | 65.1
other | 7.4 | 19.9
total restricted cash and marketable securities | $ 172.8 | $ 240.5 we own a 19.9% ( 19.9 % ) interest in a company that , among other activities , issues financial surety bonds to secure capping , closure and post-closure obligations for companies operating in the solid waste industry .we account for this investment under the cost method of accounting .there have been no identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment .this investee company and the parent company of the investee had written surety bonds for us relating to our landfill operations for capping , closure and post-closure , of which $ 855.0 million and $ 775.2 million were outstanding as of december 31 , 2010 and 2009 , respectively .our reimbursement obligations under these bonds are secured by an indemnity agreement with the investee and letters of credit totaling $ 45.0 million and $ 67.4 million as of december 31 , 2010 and 2009 , respectively .off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and the financial assurances discussed above , which are not classified as debt .we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations .we have not guaranteed any third-party debt .guarantees we enter into contracts in the normal course of business that include indemnification clauses .indemnifications relating to known liabilities are recorded in the consolidated financial statements based on our best estimate of required future payments .certain of these indemnifications relate to contingent events or occurrences , such as the imposition of additional taxes due to a change in the tax law or adverse interpretation of the tax law , and indemnifications made in divestiture agreements where we indemnify the buyer for liabilities that relate to our activities prior to the divestiture and that may become known in the future .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .we have entered into agreements with property owners to guarantee the value of property that is adjacent to certain of our landfills .these agreements have varying terms .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .other matters our business activities are conducted in the context of a developing and changing statutory and regulatory framework .governmental regulation of the waste management industry requires us to obtain and retain numerous governmental permits to conduct various aspects of our operations .these permits are subject to revocation , modification or denial .the costs and other capital expenditures which may be required to obtain or retain the applicable permits or comply with applicable regulations could be significant .any revocation , modification or denial of permits could have a material adverse effect on us .republic services , inc .notes to consolidated financial statements , continued .
Question: in the year of 2010, what percentage did the financing proceeds represent in relation to the total of restricted cash and marketable securities?
| 0.23032 | 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.
at december 31 .the following table summarizes our restricted cash and marketable securities as of december . | 2010 | 2009
financing proceeds | $ 39.8 | $ 93.1
capping closure and post-closure obligations | 61.8 | 62.4
self-insurance | 63.8 | 65.1
other | 7.4 | 19.9
total restricted cash and marketable securities | $ 172.8 | $ 240.5 we own a 19.9% ( 19.9 % ) interest in a company that , among other activities , issues financial surety bonds to secure capping , closure and post-closure obligations for companies operating in the solid waste industry .we account for this investment under the cost method of accounting .there have been no identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment .this investee company and the parent company of the investee had written surety bonds for us relating to our landfill operations for capping , closure and post-closure , of which $ 855.0 million and $ 775.2 million were outstanding as of december 31 , 2010 and 2009 , respectively .our reimbursement obligations under these bonds are secured by an indemnity agreement with the investee and letters of credit totaling $ 45.0 million and $ 67.4 million as of december 31 , 2010 and 2009 , respectively .off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and the financial assurances discussed above , which are not classified as debt .we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations .we have not guaranteed any third-party debt .guarantees we enter into contracts in the normal course of business that include indemnification clauses .indemnifications relating to known liabilities are recorded in the consolidated financial statements based on our best estimate of required future payments .certain of these indemnifications relate to contingent events or occurrences , such as the imposition of additional taxes due to a change in the tax law or adverse interpretation of the tax law , and indemnifications made in divestiture agreements where we indemnify the buyer for liabilities that relate to our activities prior to the divestiture and that may become known in the future .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .we have entered into agreements with property owners to guarantee the value of property that is adjacent to certain of our landfills .these agreements have varying terms .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .other matters our business activities are conducted in the context of a developing and changing statutory and regulatory framework .governmental regulation of the waste management industry requires us to obtain and retain numerous governmental permits to conduct various aspects of our operations .these permits are subject to revocation , modification or denial .the costs and other capital expenditures which may be required to obtain or retain the applicable permits or comply with applicable regulations could be significant .any revocation , modification or denial of permits could have a material adverse effect on us .republic services , inc .notes to consolidated financial statements , continued .
Question: in the year of 2010, what percentage did the financing proceeds represent in relation to the total of restricted cash and marketable securities?
| convfinqa1666 |
at december 31 .the following table summarizes our restricted cash and marketable securities as of december . | 2010 | 2009
financing proceeds | $ 39.8 | $ 93.1
capping closure and post-closure obligations | 61.8 | 62.4
self-insurance | 63.8 | 65.1
other | 7.4 | 19.9
total restricted cash and marketable securities | $ 172.8 | $ 240.5 we own a 19.9% ( 19.9 % ) interest in a company that , among other activities , issues financial surety bonds to secure capping , closure and post-closure obligations for companies operating in the solid waste industry .we account for this investment under the cost method of accounting .there have been no identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment .this investee company and the parent company of the investee had written surety bonds for us relating to our landfill operations for capping , closure and post-closure , of which $ 855.0 million and $ 775.2 million were outstanding as of december 31 , 2010 and 2009 , respectively .our reimbursement obligations under these bonds are secured by an indemnity agreement with the investee and letters of credit totaling $ 45.0 million and $ 67.4 million as of december 31 , 2010 and 2009 , respectively .off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and the financial assurances discussed above , which are not classified as debt .we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations .we have not guaranteed any third-party debt .guarantees we enter into contracts in the normal course of business that include indemnification clauses .indemnifications relating to known liabilities are recorded in the consolidated financial statements based on our best estimate of required future payments .certain of these indemnifications relate to contingent events or occurrences , such as the imposition of additional taxes due to a change in the tax law or adverse interpretation of the tax law , and indemnifications made in divestiture agreements where we indemnify the buyer for liabilities that relate to our activities prior to the divestiture and that may become known in the future .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .we have entered into agreements with property owners to guarantee the value of property that is adjacent to certain of our landfills .these agreements have varying terms .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .other matters our business activities are conducted in the context of a developing and changing statutory and regulatory framework .governmental regulation of the waste management industry requires us to obtain and retain numerous governmental permits to conduct various aspects of our operations .these permits are subject to revocation , modification or denial .the costs and other capital expenditures which may be required to obtain or retain the applicable permits or comply with applicable regulations could be significant .any revocation , modification or denial of permits could have a material adverse effect on us .republic services , inc .notes to consolidated financial statements , continued .
Question: in the year of 2010, what percentage did the financing proceeds represent in relation to the total of restricted cash and marketable securities?
Steps: divide(39.8, 172.8)
Answer: 0.23032
Question: and how much did the outstanding surety bonds for the investee and the parent represent in relation to the ones in 2009?
| 1.10294 | 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.
at december 31 .the following table summarizes our restricted cash and marketable securities as of december . | 2010 | 2009
financing proceeds | $ 39.8 | $ 93.1
capping closure and post-closure obligations | 61.8 | 62.4
self-insurance | 63.8 | 65.1
other | 7.4 | 19.9
total restricted cash and marketable securities | $ 172.8 | $ 240.5 we own a 19.9% ( 19.9 % ) interest in a company that , among other activities , issues financial surety bonds to secure capping , closure and post-closure obligations for companies operating in the solid waste industry .we account for this investment under the cost method of accounting .there have been no identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment .this investee company and the parent company of the investee had written surety bonds for us relating to our landfill operations for capping , closure and post-closure , of which $ 855.0 million and $ 775.2 million were outstanding as of december 31 , 2010 and 2009 , respectively .our reimbursement obligations under these bonds are secured by an indemnity agreement with the investee and letters of credit totaling $ 45.0 million and $ 67.4 million as of december 31 , 2010 and 2009 , respectively .off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and the financial assurances discussed above , which are not classified as debt .we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations .we have not guaranteed any third-party debt .guarantees we enter into contracts in the normal course of business that include indemnification clauses .indemnifications relating to known liabilities are recorded in the consolidated financial statements based on our best estimate of required future payments .certain of these indemnifications relate to contingent events or occurrences , such as the imposition of additional taxes due to a change in the tax law or adverse interpretation of the tax law , and indemnifications made in divestiture agreements where we indemnify the buyer for liabilities that relate to our activities prior to the divestiture and that may become known in the future .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .we have entered into agreements with property owners to guarantee the value of property that is adjacent to certain of our landfills .these agreements have varying terms .we do not believe that these contingent obligations will have a material effect on our consolidated financial position , results of operations or cash flows .other matters our business activities are conducted in the context of a developing and changing statutory and regulatory framework .governmental regulation of the waste management industry requires us to obtain and retain numerous governmental permits to conduct various aspects of our operations .these permits are subject to revocation , modification or denial .the costs and other capital expenditures which may be required to obtain or retain the applicable permits or comply with applicable regulations could be significant .any revocation , modification or denial of permits could have a material adverse effect on us .republic services , inc .notes to consolidated financial statements , continued .
Question: in the year of 2010, what percentage did the financing proceeds represent in relation to the total of restricted cash and marketable securities?
Steps: divide(39.8, 172.8)
Answer: 0.23032
Question: and how much did the outstanding surety bonds for the investee and the parent represent in relation to the ones in 2009?
| convfinqa1667 |
part ii item 5 .market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
| 28.33 | 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 the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
| convfinqa1668 |
part ii item 5 .market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
Steps: Ask for number 28.33
Answer: 28.33
Question: and what was it for the quarter ended december 31 of 2005?
| 18.75 | 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 the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
Steps: Ask for number 28.33
Answer: 28.33
Question: and what was it for the quarter ended december 31 of 2005?
| convfinqa1669 |
part ii item 5 .market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
Steps: Ask for number 28.33
Answer: 28.33
Question: and what was it for the quarter ended december 31 of 2005?
Steps: Ask for number 18.75
Answer: 18.75
Question: what was, then, the change over the year?
| 9.58 | 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 the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
Steps: Ask for number 28.33
Answer: 28.33
Question: and what was it for the quarter ended december 31 of 2005?
Steps: Ask for number 18.75
Answer: 18.75
Question: what was, then, the change over the year?
| convfinqa1670 |
part ii item 5 .market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
Steps: Ask for number 28.33
Answer: 28.33
Question: and what was it for the quarter ended december 31 of 2005?
Steps: Ask for number 18.75
Answer: 18.75
Question: what was, then, the change over the year?
Steps: subtract(28.33, 18.75)
Answer: 9.58
Question: and how much does that change represent in relation to the common stock price from the highest price for the quarter ended december 31 of 2005?
| 0.51093 | 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 the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . 2005 | high | low
quarter ended march 31 | $ 19.28 | $ 17.30
quarter ended june 30 | 21.16 | 16.28
quarter ended september 30 | 25.20 | 20.70
quarter ended december 31 | 28.33 | 22.73
2004 | high | low
quarter ended march 31 | $ 13.12 | $ 9.89
quarter ended june 30 | 16.00 | 11.13
quarter ended september 30 | 15.85 | 13.10
quarter ended december 31 | 18.75 | 15.19 on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse .as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders .in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter .also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis .in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock .the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report .dividends we have never paid a dividend on any class of our common stock .we anticipate that we may retain future earnings , if any , to fund the development and growth of our business .the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants .our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests .under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby .the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied .for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s .
Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006?
Steps: Ask for number 28.33
Answer: 28.33
Question: and what was it for the quarter ended december 31 of 2005?
Steps: Ask for number 18.75
Answer: 18.75
Question: what was, then, the change over the year?
Steps: subtract(28.33, 18.75)
Answer: 9.58
Question: and how much does that change represent in relation to the common stock price from the highest price for the quarter ended december 31 of 2005?
| convfinqa1671 |
6 .debt the following is a summary of outstanding debt ( in millions ) : . as of december 31 | 2015 | 2014
5.00% ( 5.00 % ) senior notes due september 2020 | 599 | 599
4.75% ( 4.75 % ) senior notes due 2045 | 598 | 2014
3.50% ( 3.50 % ) senior notes due june 2024 | 597 | 597
4.60% ( 4.60 % ) senior notes due june 2044 | 549 | 549
2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m ) | 545 | 605
8.205% ( 8.205 % ) junior subordinated notes due january 2027 | 521 | 521
3.125% ( 3.125 % ) senior notes due may 2016 | 500 | 500
2.80% ( 2.80 % ) senior notes due 2021 | 399 | 2014
4.00% ( 4.00 % ) senior notes due november 2023 | 349 | 349
6.25% ( 6.25 % ) senior notes due september 2040 | 298 | 298
4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m ) | 271 | 322
4.45% ( 4.45 % ) senior notes due may 2043 | 249 | 248
4.25% ( 4.25 % ) senior notes due december 2042 | 196 | 196
3.50% ( 3.50 % ) senior notes due september 2015 | 2014 | 599
commercial paper | 50 | 168
other | 16 | 31
total debt | 5737 | 5582
less short-term and current portion of long-term debt | 562 | 783
total long-term debt | $ 5175 | $ 4799 revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 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 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 .each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly .at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .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 may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the company used the proceeds of the issuance for general corporate purposes .on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 .the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 .aon plc used the proceeds from these issuances for working capital and general corporate purposes. .
Question: what was the change in total debt during 2015?
| 155.0 | 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.
6 .debt the following is a summary of outstanding debt ( in millions ) : . as of december 31 | 2015 | 2014
5.00% ( 5.00 % ) senior notes due september 2020 | 599 | 599
4.75% ( 4.75 % ) senior notes due 2045 | 598 | 2014
3.50% ( 3.50 % ) senior notes due june 2024 | 597 | 597
4.60% ( 4.60 % ) senior notes due june 2044 | 549 | 549
2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m ) | 545 | 605
8.205% ( 8.205 % ) junior subordinated notes due january 2027 | 521 | 521
3.125% ( 3.125 % ) senior notes due may 2016 | 500 | 500
2.80% ( 2.80 % ) senior notes due 2021 | 399 | 2014
4.00% ( 4.00 % ) senior notes due november 2023 | 349 | 349
6.25% ( 6.25 % ) senior notes due september 2040 | 298 | 298
4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m ) | 271 | 322
4.45% ( 4.45 % ) senior notes due may 2043 | 249 | 248
4.25% ( 4.25 % ) senior notes due december 2042 | 196 | 196
3.50% ( 3.50 % ) senior notes due september 2015 | 2014 | 599
commercial paper | 50 | 168
other | 16 | 31
total debt | 5737 | 5582
less short-term and current portion of long-term debt | 562 | 783
total long-term debt | $ 5175 | $ 4799 revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 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 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 .each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly .at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .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 may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the company used the proceeds of the issuance for general corporate purposes .on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 .the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 .aon plc used the proceeds from these issuances for working capital and general corporate purposes. .
Question: what was the change in total debt during 2015?
| convfinqa1672 |
6 .debt the following is a summary of outstanding debt ( in millions ) : . as of december 31 | 2015 | 2014
5.00% ( 5.00 % ) senior notes due september 2020 | 599 | 599
4.75% ( 4.75 % ) senior notes due 2045 | 598 | 2014
3.50% ( 3.50 % ) senior notes due june 2024 | 597 | 597
4.60% ( 4.60 % ) senior notes due june 2044 | 549 | 549
2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m ) | 545 | 605
8.205% ( 8.205 % ) junior subordinated notes due january 2027 | 521 | 521
3.125% ( 3.125 % ) senior notes due may 2016 | 500 | 500
2.80% ( 2.80 % ) senior notes due 2021 | 399 | 2014
4.00% ( 4.00 % ) senior notes due november 2023 | 349 | 349
6.25% ( 6.25 % ) senior notes due september 2040 | 298 | 298
4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m ) | 271 | 322
4.45% ( 4.45 % ) senior notes due may 2043 | 249 | 248
4.25% ( 4.25 % ) senior notes due december 2042 | 196 | 196
3.50% ( 3.50 % ) senior notes due september 2015 | 2014 | 599
commercial paper | 50 | 168
other | 16 | 31
total debt | 5737 | 5582
less short-term and current portion of long-term debt | 562 | 783
total long-term debt | $ 5175 | $ 4799 revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 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 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 .each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly .at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .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 may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the company used the proceeds of the issuance for general corporate purposes .on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 .the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 .aon plc used the proceeds from these issuances for working capital and general corporate purposes. .
Question: what was the change in total debt during 2015?
Steps: Ask for number 5737
Answer: 155.0
Question: and the percentage change of this value?
| 0.02777 | 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.
6 .debt the following is a summary of outstanding debt ( in millions ) : . as of december 31 | 2015 | 2014
5.00% ( 5.00 % ) senior notes due september 2020 | 599 | 599
4.75% ( 4.75 % ) senior notes due 2045 | 598 | 2014
3.50% ( 3.50 % ) senior notes due june 2024 | 597 | 597
4.60% ( 4.60 % ) senior notes due june 2044 | 549 | 549
2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m ) | 545 | 605
8.205% ( 8.205 % ) junior subordinated notes due january 2027 | 521 | 521
3.125% ( 3.125 % ) senior notes due may 2016 | 500 | 500
2.80% ( 2.80 % ) senior notes due 2021 | 399 | 2014
4.00% ( 4.00 % ) senior notes due november 2023 | 349 | 349
6.25% ( 6.25 % ) senior notes due september 2040 | 298 | 298
4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m ) | 271 | 322
4.45% ( 4.45 % ) senior notes due may 2043 | 249 | 248
4.25% ( 4.25 % ) senior notes due december 2042 | 196 | 196
3.50% ( 3.50 % ) senior notes due september 2015 | 2014 | 599
commercial paper | 50 | 168
other | 16 | 31
total debt | 5737 | 5582
less short-term and current portion of long-term debt | 562 | 783
total long-term debt | $ 5175 | $ 4799 revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 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 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 .each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly .at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .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 may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the company used the proceeds of the issuance for general corporate purposes .on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 .the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 .aon plc used the proceeds from these issuances for working capital and general corporate purposes. .
Question: what was the change in total debt during 2015?
Steps: Ask for number 5737
Answer: 155.0
Question: and the percentage change of this value?
| convfinqa1673 |
6 .debt the following is a summary of outstanding debt ( in millions ) : . as of december 31 | 2015 | 2014
5.00% ( 5.00 % ) senior notes due september 2020 | 599 | 599
4.75% ( 4.75 % ) senior notes due 2045 | 598 | 2014
3.50% ( 3.50 % ) senior notes due june 2024 | 597 | 597
4.60% ( 4.60 % ) senior notes due june 2044 | 549 | 549
2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m ) | 545 | 605
8.205% ( 8.205 % ) junior subordinated notes due january 2027 | 521 | 521
3.125% ( 3.125 % ) senior notes due may 2016 | 500 | 500
2.80% ( 2.80 % ) senior notes due 2021 | 399 | 2014
4.00% ( 4.00 % ) senior notes due november 2023 | 349 | 349
6.25% ( 6.25 % ) senior notes due september 2040 | 298 | 298
4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m ) | 271 | 322
4.45% ( 4.45 % ) senior notes due may 2043 | 249 | 248
4.25% ( 4.25 % ) senior notes due december 2042 | 196 | 196
3.50% ( 3.50 % ) senior notes due september 2015 | 2014 | 599
commercial paper | 50 | 168
other | 16 | 31
total debt | 5737 | 5582
less short-term and current portion of long-term debt | 562 | 783
total long-term debt | $ 5175 | $ 4799 revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 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 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 .each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly .at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .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 may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the company used the proceeds of the issuance for general corporate purposes .on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 .the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 .aon plc used the proceeds from these issuances for working capital and general corporate purposes. .
Question: what was the change in total debt during 2015?
Steps: Ask for number 5737
Answer: 155.0
Question: and the percentage change of this value?
Steps: Ask for number 5582
Answer: 0.02777
Question: what portion of the total debt is reported under current liabilities as of 12/31/15?
| 0.09796 | 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.
6 .debt the following is a summary of outstanding debt ( in millions ) : . as of december 31 | 2015 | 2014
5.00% ( 5.00 % ) senior notes due september 2020 | 599 | 599
4.75% ( 4.75 % ) senior notes due 2045 | 598 | 2014
3.50% ( 3.50 % ) senior notes due june 2024 | 597 | 597
4.60% ( 4.60 % ) senior notes due june 2044 | 549 | 549
2.875% ( 2.875 % ) senior notes due may 2026 ( eur 500m ) | 545 | 605
8.205% ( 8.205 % ) junior subordinated notes due january 2027 | 521 | 521
3.125% ( 3.125 % ) senior notes due may 2016 | 500 | 500
2.80% ( 2.80 % ) senior notes due 2021 | 399 | 2014
4.00% ( 4.00 % ) senior notes due november 2023 | 349 | 349
6.25% ( 6.25 % ) senior notes due september 2040 | 298 | 298
4.76% ( 4.76 % ) senior notes due march 2018 ( cad 375m ) | 271 | 322
4.45% ( 4.45 % ) senior notes due may 2043 | 249 | 248
4.25% ( 4.25 % ) senior notes due december 2042 | 196 | 196
3.50% ( 3.50 % ) senior notes due september 2015 | 2014 | 599
commercial paper | 50 | 168
other | 16 | 31
total debt | 5737 | 5582
less short-term and current portion of long-term debt | 562 | 783
total long-term debt | $ 5175 | $ 4799 revolving credit facilities as of december 31 , 2015 , aon plc had two committed credit facilities outstanding : its $ 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 .effective february 2 , 2016 , the 2020 facility terms were extended for 1 year and will expire in february 2021 .each of these facilities included customary representations , warranties and covenants , including financial covenants that require aon plc to maintain specified ratios of adjusted consolidated ebitda to consolidated interest expense and consolidated debt to adjusted consolidated ebitda , in each case , tested quarterly .at december 31 , 2015 , aon plc did not have borrowings under either the 2017 facility or the 2020 facility , and was in compliance with these financial covenants and all other covenants contained therein during the twelve months ended december 31 , 2015 .on november 13 , 2015 , aon plc issued $ 400 million of 2.80% ( 2.80 % ) senior notes due march 2021 .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 may 20 , 2015 , the aon plc issued $ 600 million of 4.750% ( 4.750 % ) senior notes due may 2045 .the company used the proceeds of the issuance for general corporate purposes .on august 12 , 2014 , aon plc issued $ 350 million of 3.50% ( 3.50 % ) senior notes due june 2024 .the 3.50% ( 3.50 % ) notes due 2024 constitute a further issuance of , and were consolidated to form a single series of debt securities with , the $ 250 million of 3.50% ( 3.50 % ) notes due june 2024 that was issued by aon plc on may 20 , 2014 concurrently with aon plc's issuance of $ 550 million of 4.60% ( 4.60 % ) notes due june 2044 .aon plc used the proceeds from these issuances for working capital and general corporate purposes. .
Question: what was the change in total debt during 2015?
Steps: Ask for number 5737
Answer: 155.0
Question: and the percentage change of this value?
Steps: Ask for number 5582
Answer: 0.02777
Question: what portion of the total debt is reported under current liabilities as of 12/31/15?
| convfinqa1674 |
other operating and administrative expenses increased slightly in 2015 due to increased expenses asso- ciated with our larger film slate .other operating and administrative expenses increased in 2014 primarily due to the inclusion of fandango , which was previously presented in our cable networks segment .advertising , marketing and promotion expenses advertising , marketing and promotion expenses consist primarily of expenses associated with advertising for our theatrical releases and the marketing of our films on dvd and in digital formats .we incur significant marketing expenses before and throughout the release of a film in movie theaters .as a result , we typically incur losses on a film prior to and during the film 2019s exhibition in movie theaters and may not realize profits , if any , until the film generates home entertainment and content licensing revenue .the costs associated with producing and marketing films have generally increased in recent years and may continue to increase in the future .advertising , marketing and promotion expenses increased in 2015 primarily due to higher promotional costs associated with our larger 2015 film slate and increased advertising expenses for fandango .advertising , marketing and promotion expenses decreased in 2014 primarily due to fewer major film releases compared to theme parks segment results of operations year ended december 31 ( in millions ) 2015 2014 2013 % ( % ) change 2014 to 2015 % ( % ) change 2013 to 2014 . year ended december 31 ( in millions ) | 2015 | 2014 | 2013 | % ( % ) change 2014 to 2015 | % ( % ) change 2013 to 2014
revenue | $ 3339 | $ 2623 | $ 2235 | 27.3% ( 27.3 % ) | 17.3% ( 17.3 % )
operating costs and expenses | 1875 | 1527 | 1292 | 22.8 | 18.1
operating income before depreciation and amortization | $ 1464 | $ 1096 | $ 943 | 33.5% ( 33.5 % ) | 16.3% ( 16.3 % ) operating income before depreciation and amortization $ 1464 $ 1096 $ 943 33.5% ( 33.5 % ) 16.3% ( 16.3 % ) theme parks segment 2013 revenue in 2015 , our theme parks segment revenue was generated primarily from ticket sales and guest spending at our universal theme parks in orlando , florida and hollywood , california , as well as from licensing and other fees .in november 2015 , nbcuniversal acquired a 51% ( 51 % ) interest in universal studios japan .guest spending includes in-park spending on food , beverages and merchandise .guest attendance at our theme parks and guest spending depend heavily on the general environment for travel and tourism , including consumer spend- ing on travel and other recreational activities .licensing and other fees relate primarily to our agreements with third parties that own and operate the universal studios singapore theme park , as well as from the universal studios japan theme park , to license the right to use the universal studios brand name and other intellectual property .theme parks segment revenue increased in 2015 and 2014 primarily due to increases in guest attendance and increases in guest spending at our orlando and hollywood theme parks .the increase in 2015 was pri- marily due to the continued success of our attractions , including the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando and the fast & furious 2122 2014 supercharged 2122 studio tour and the simpson 2019s springfield attraction in hollywood , both of which opened in 2015 .in addition , theme parks segment revenue in 2015 includes $ 169 million of revenue attributable to universal studios japan for the period from november 13 , 2015 to december 31 , 2015 .the increase in 2014 was primarily due to new attractions , such as the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando , which opened in july 2014 , and despicable me : minion mayhem in hollywood .59 comcast 2015 annual report on form 10-k .
Question: in the year of 2015, what was the ratio of the operating income before depreciation and amortization to the revenue?
| 0.43845 | 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 operating and administrative expenses increased slightly in 2015 due to increased expenses asso- ciated with our larger film slate .other operating and administrative expenses increased in 2014 primarily due to the inclusion of fandango , which was previously presented in our cable networks segment .advertising , marketing and promotion expenses advertising , marketing and promotion expenses consist primarily of expenses associated with advertising for our theatrical releases and the marketing of our films on dvd and in digital formats .we incur significant marketing expenses before and throughout the release of a film in movie theaters .as a result , we typically incur losses on a film prior to and during the film 2019s exhibition in movie theaters and may not realize profits , if any , until the film generates home entertainment and content licensing revenue .the costs associated with producing and marketing films have generally increased in recent years and may continue to increase in the future .advertising , marketing and promotion expenses increased in 2015 primarily due to higher promotional costs associated with our larger 2015 film slate and increased advertising expenses for fandango .advertising , marketing and promotion expenses decreased in 2014 primarily due to fewer major film releases compared to theme parks segment results of operations year ended december 31 ( in millions ) 2015 2014 2013 % ( % ) change 2014 to 2015 % ( % ) change 2013 to 2014 . year ended december 31 ( in millions ) | 2015 | 2014 | 2013 | % ( % ) change 2014 to 2015 | % ( % ) change 2013 to 2014
revenue | $ 3339 | $ 2623 | $ 2235 | 27.3% ( 27.3 % ) | 17.3% ( 17.3 % )
operating costs and expenses | 1875 | 1527 | 1292 | 22.8 | 18.1
operating income before depreciation and amortization | $ 1464 | $ 1096 | $ 943 | 33.5% ( 33.5 % ) | 16.3% ( 16.3 % ) operating income before depreciation and amortization $ 1464 $ 1096 $ 943 33.5% ( 33.5 % ) 16.3% ( 16.3 % ) theme parks segment 2013 revenue in 2015 , our theme parks segment revenue was generated primarily from ticket sales and guest spending at our universal theme parks in orlando , florida and hollywood , california , as well as from licensing and other fees .in november 2015 , nbcuniversal acquired a 51% ( 51 % ) interest in universal studios japan .guest spending includes in-park spending on food , beverages and merchandise .guest attendance at our theme parks and guest spending depend heavily on the general environment for travel and tourism , including consumer spend- ing on travel and other recreational activities .licensing and other fees relate primarily to our agreements with third parties that own and operate the universal studios singapore theme park , as well as from the universal studios japan theme park , to license the right to use the universal studios brand name and other intellectual property .theme parks segment revenue increased in 2015 and 2014 primarily due to increases in guest attendance and increases in guest spending at our orlando and hollywood theme parks .the increase in 2015 was pri- marily due to the continued success of our attractions , including the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando and the fast & furious 2122 2014 supercharged 2122 studio tour and the simpson 2019s springfield attraction in hollywood , both of which opened in 2015 .in addition , theme parks segment revenue in 2015 includes $ 169 million of revenue attributable to universal studios japan for the period from november 13 , 2015 to december 31 , 2015 .the increase in 2014 was primarily due to new attractions , such as the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando , which opened in july 2014 , and despicable me : minion mayhem in hollywood .59 comcast 2015 annual report on form 10-k .
Question: in the year of 2015, what was the ratio of the operating income before depreciation and amortization to the revenue?
| convfinqa1675 |
other operating and administrative expenses increased slightly in 2015 due to increased expenses asso- ciated with our larger film slate .other operating and administrative expenses increased in 2014 primarily due to the inclusion of fandango , which was previously presented in our cable networks segment .advertising , marketing and promotion expenses advertising , marketing and promotion expenses consist primarily of expenses associated with advertising for our theatrical releases and the marketing of our films on dvd and in digital formats .we incur significant marketing expenses before and throughout the release of a film in movie theaters .as a result , we typically incur losses on a film prior to and during the film 2019s exhibition in movie theaters and may not realize profits , if any , until the film generates home entertainment and content licensing revenue .the costs associated with producing and marketing films have generally increased in recent years and may continue to increase in the future .advertising , marketing and promotion expenses increased in 2015 primarily due to higher promotional costs associated with our larger 2015 film slate and increased advertising expenses for fandango .advertising , marketing and promotion expenses decreased in 2014 primarily due to fewer major film releases compared to theme parks segment results of operations year ended december 31 ( in millions ) 2015 2014 2013 % ( % ) change 2014 to 2015 % ( % ) change 2013 to 2014 . year ended december 31 ( in millions ) | 2015 | 2014 | 2013 | % ( % ) change 2014 to 2015 | % ( % ) change 2013 to 2014
revenue | $ 3339 | $ 2623 | $ 2235 | 27.3% ( 27.3 % ) | 17.3% ( 17.3 % )
operating costs and expenses | 1875 | 1527 | 1292 | 22.8 | 18.1
operating income before depreciation and amortization | $ 1464 | $ 1096 | $ 943 | 33.5% ( 33.5 % ) | 16.3% ( 16.3 % ) operating income before depreciation and amortization $ 1464 $ 1096 $ 943 33.5% ( 33.5 % ) 16.3% ( 16.3 % ) theme parks segment 2013 revenue in 2015 , our theme parks segment revenue was generated primarily from ticket sales and guest spending at our universal theme parks in orlando , florida and hollywood , california , as well as from licensing and other fees .in november 2015 , nbcuniversal acquired a 51% ( 51 % ) interest in universal studios japan .guest spending includes in-park spending on food , beverages and merchandise .guest attendance at our theme parks and guest spending depend heavily on the general environment for travel and tourism , including consumer spend- ing on travel and other recreational activities .licensing and other fees relate primarily to our agreements with third parties that own and operate the universal studios singapore theme park , as well as from the universal studios japan theme park , to license the right to use the universal studios brand name and other intellectual property .theme parks segment revenue increased in 2015 and 2014 primarily due to increases in guest attendance and increases in guest spending at our orlando and hollywood theme parks .the increase in 2015 was pri- marily due to the continued success of our attractions , including the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando and the fast & furious 2122 2014 supercharged 2122 studio tour and the simpson 2019s springfield attraction in hollywood , both of which opened in 2015 .in addition , theme parks segment revenue in 2015 includes $ 169 million of revenue attributable to universal studios japan for the period from november 13 , 2015 to december 31 , 2015 .the increase in 2014 was primarily due to new attractions , such as the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando , which opened in july 2014 , and despicable me : minion mayhem in hollywood .59 comcast 2015 annual report on form 10-k .
Question: in the year of 2015, what was the ratio of the operating income before depreciation and amortization to the revenue?
Steps: divide(1464, 3339)
Answer: 0.43845
Question: and what was that ratio in the previous year?
| 0.41784 | 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 operating and administrative expenses increased slightly in 2015 due to increased expenses asso- ciated with our larger film slate .other operating and administrative expenses increased in 2014 primarily due to the inclusion of fandango , which was previously presented in our cable networks segment .advertising , marketing and promotion expenses advertising , marketing and promotion expenses consist primarily of expenses associated with advertising for our theatrical releases and the marketing of our films on dvd and in digital formats .we incur significant marketing expenses before and throughout the release of a film in movie theaters .as a result , we typically incur losses on a film prior to and during the film 2019s exhibition in movie theaters and may not realize profits , if any , until the film generates home entertainment and content licensing revenue .the costs associated with producing and marketing films have generally increased in recent years and may continue to increase in the future .advertising , marketing and promotion expenses increased in 2015 primarily due to higher promotional costs associated with our larger 2015 film slate and increased advertising expenses for fandango .advertising , marketing and promotion expenses decreased in 2014 primarily due to fewer major film releases compared to theme parks segment results of operations year ended december 31 ( in millions ) 2015 2014 2013 % ( % ) change 2014 to 2015 % ( % ) change 2013 to 2014 . year ended december 31 ( in millions ) | 2015 | 2014 | 2013 | % ( % ) change 2014 to 2015 | % ( % ) change 2013 to 2014
revenue | $ 3339 | $ 2623 | $ 2235 | 27.3% ( 27.3 % ) | 17.3% ( 17.3 % )
operating costs and expenses | 1875 | 1527 | 1292 | 22.8 | 18.1
operating income before depreciation and amortization | $ 1464 | $ 1096 | $ 943 | 33.5% ( 33.5 % ) | 16.3% ( 16.3 % ) operating income before depreciation and amortization $ 1464 $ 1096 $ 943 33.5% ( 33.5 % ) 16.3% ( 16.3 % ) theme parks segment 2013 revenue in 2015 , our theme parks segment revenue was generated primarily from ticket sales and guest spending at our universal theme parks in orlando , florida and hollywood , california , as well as from licensing and other fees .in november 2015 , nbcuniversal acquired a 51% ( 51 % ) interest in universal studios japan .guest spending includes in-park spending on food , beverages and merchandise .guest attendance at our theme parks and guest spending depend heavily on the general environment for travel and tourism , including consumer spend- ing on travel and other recreational activities .licensing and other fees relate primarily to our agreements with third parties that own and operate the universal studios singapore theme park , as well as from the universal studios japan theme park , to license the right to use the universal studios brand name and other intellectual property .theme parks segment revenue increased in 2015 and 2014 primarily due to increases in guest attendance and increases in guest spending at our orlando and hollywood theme parks .the increase in 2015 was pri- marily due to the continued success of our attractions , including the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando and the fast & furious 2122 2014 supercharged 2122 studio tour and the simpson 2019s springfield attraction in hollywood , both of which opened in 2015 .in addition , theme parks segment revenue in 2015 includes $ 169 million of revenue attributable to universal studios japan for the period from november 13 , 2015 to december 31 , 2015 .the increase in 2014 was primarily due to new attractions , such as the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando , which opened in july 2014 , and despicable me : minion mayhem in hollywood .59 comcast 2015 annual report on form 10-k .
Question: in the year of 2015, what was the ratio of the operating income before depreciation and amortization to the revenue?
Steps: divide(1464, 3339)
Answer: 0.43845
Question: and what was that ratio in the previous year?
| convfinqa1676 |
customary affirmative and negative covenants and events of default for an unsecured financing arrangement , including , among other things , limitations on consolidations , mergers and sales of assets .financial covenants include a maximum leverage ratio of 3.0 to 1.0 and a minimum interest coverage ratio of 3.5 to 1.0 .if we fall below an investment grade credit rating , additional restrictions would result , including restrictions on investments , payment of dividends and stock repurchases .we were in compliance with all covenants under the senior credit facility as of december 31 , 2007 .commitments under the senior credit facility are subject to certain fees , including a facility and a utilization fee .the senior credit facility is rated a- by standard & poor 2019s ratings services and is not rated by moody 2019s investors 2019 service , inc .we also have available uncommitted credit facilities totaling $ 70.4 million .management believes that cash flows from operations , together with available borrowings under the senior credit facility , are sufficient to meet our expected working capital , capital expenditure and debt service needs .should investment opportunities arise , we believe that our earnings , balance sheet and cash flows will allow us to obtain additional capital , if necessary .contractual obligations we have entered into contracts with various third parties in the normal course of business which will require future payments .the following table illustrates our contractual obligations ( in millions ) : contractual obligations total 2008 thereafter . contractual obligations | total | 2008 | 2009 and 2010 | 2011 and 2012 | 2013 and thereafter
long-term debt | $ 104.3 | $ 2013 | $ 2013 | $ 104.3 | $ 2013
operating leases | 134.3 | 35.4 | 50.0 | 28.6 | 20.3
purchase obligations | 24.6 | 23.2 | 1.4 | 2013 | 2013
long-term income taxes payable | 137.0 | 2013 | 57.7 | 53.9 | 25.4
other long-term liabilities | 191.4 | 2013 | 47.3 | 17.1 | 127.0
total contractual obligations | $ 591.6 | $ 58.6 | $ 156.4 | $ 203.9 | $ 172.7 total contractual obligations $ 591.6 $ 58.6 $ 156.4 $ 203.9 $ 172.7 critical accounting estimates our financial results are affected by the selection and application of accounting policies and methods .significant accounting policies which require management 2019s judgment are discussed below .excess inventory and instruments 2013 we must determine as of each balance sheet date how much , if any , of our inventory may ultimately prove to be unsaleable or unsaleable at our carrying cost .similarly , we must also determine if instruments on hand will be put to productive use or remain undeployed as a result of excess supply .reserves are established to effectively adjust inventory and instruments to net realizable value .to determine the appropriate level of reserves , we evaluate current stock levels in relation to historical and expected patterns of demand for all of our products and instrument systems and components .the basis for the determination is generally the same for all inventory and instrument items and categories except for work-in-progress inventory , which is recorded at cost .obsolete or discontinued items are generally destroyed and completely written off .management evaluates the need for changes to valuation reserves based on market conditions , competitive offerings and other factors on a regular basis .income taxes fffd we estimate income tax expense and income tax liabilities and assets by taxable jurisdiction .realization of deferred tax assets in each taxable jurisdiction is dependent on our ability to generate future taxable income sufficient to realize the benefits .we evaluate deferred tax assets on an ongoing basis and provide valuation allowances if it is determined to be 201cmore likely than not 201d that the deferred tax benefit will not be realized .federal income taxes are provided on the portion of the income of foreign subsidiaries that is expected to be remitted to the u.s .we operate within numerous taxing jurisdictions .we are subject to regulatory review or audit in virtually all of those jurisdictions and those reviews and audits may require extended periods of time to resolve .we make use of all available information and make reasoned judgments regarding matters requiring interpretation in establishing tax expense , liabilities and reserves .we believe adequate provisions exist for income taxes for all periods and jurisdictions subject to review or audit .commitments and contingencies 2013 accruals for product liability and other claims are established with internal and external legal counsel based on current information and historical settlement information for claims , related fees and for claims incurred but not reported .we use an actuarial model to assist management in determining an appropriate level of accruals for product liability claims .historical patterns of claim loss development over time are statistically analyzed to arrive at factors which are then applied to loss estimates in the actuarial model .the amounts established equate to less than 5 percent of total liabilities and represent management 2019s best estimate of the ultimate costs that we will incur under the various contingencies .goodwill and intangible assets 2013 we evaluate the carrying value of goodwill and indefinite life intangible assets annually , or whenever events or circumstances indicate the carrying value may not be recoverable .we evaluate the carrying value of finite life intangible assets whenever events or circumstances indicate the carrying value may not be recoverable .significant assumptions are required to estimate the fair value of goodwill and intangible assets , most notably estimated future cash flows generated by these assets .as such , these fair valuation measurements use significant unobservable inputs as defined under statement of financial accounting standards no .157 , fair value measurements .changes to these assumptions could require us to record impairment charges on these assets .share-based payment 2013 we account for share-based payment expense in accordance with the fair value z i m m e r h o l d i n g s , i n c .2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t .
Question: what percentage does the long-term debt represent in relation to the total contractual obligations?
| 0.1763 | 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.
customary affirmative and negative covenants and events of default for an unsecured financing arrangement , including , among other things , limitations on consolidations , mergers and sales of assets .financial covenants include a maximum leverage ratio of 3.0 to 1.0 and a minimum interest coverage ratio of 3.5 to 1.0 .if we fall below an investment grade credit rating , additional restrictions would result , including restrictions on investments , payment of dividends and stock repurchases .we were in compliance with all covenants under the senior credit facility as of december 31 , 2007 .commitments under the senior credit facility are subject to certain fees , including a facility and a utilization fee .the senior credit facility is rated a- by standard & poor 2019s ratings services and is not rated by moody 2019s investors 2019 service , inc .we also have available uncommitted credit facilities totaling $ 70.4 million .management believes that cash flows from operations , together with available borrowings under the senior credit facility , are sufficient to meet our expected working capital , capital expenditure and debt service needs .should investment opportunities arise , we believe that our earnings , balance sheet and cash flows will allow us to obtain additional capital , if necessary .contractual obligations we have entered into contracts with various third parties in the normal course of business which will require future payments .the following table illustrates our contractual obligations ( in millions ) : contractual obligations total 2008 thereafter . contractual obligations | total | 2008 | 2009 and 2010 | 2011 and 2012 | 2013 and thereafter
long-term debt | $ 104.3 | $ 2013 | $ 2013 | $ 104.3 | $ 2013
operating leases | 134.3 | 35.4 | 50.0 | 28.6 | 20.3
purchase obligations | 24.6 | 23.2 | 1.4 | 2013 | 2013
long-term income taxes payable | 137.0 | 2013 | 57.7 | 53.9 | 25.4
other long-term liabilities | 191.4 | 2013 | 47.3 | 17.1 | 127.0
total contractual obligations | $ 591.6 | $ 58.6 | $ 156.4 | $ 203.9 | $ 172.7 total contractual obligations $ 591.6 $ 58.6 $ 156.4 $ 203.9 $ 172.7 critical accounting estimates our financial results are affected by the selection and application of accounting policies and methods .significant accounting policies which require management 2019s judgment are discussed below .excess inventory and instruments 2013 we must determine as of each balance sheet date how much , if any , of our inventory may ultimately prove to be unsaleable or unsaleable at our carrying cost .similarly , we must also determine if instruments on hand will be put to productive use or remain undeployed as a result of excess supply .reserves are established to effectively adjust inventory and instruments to net realizable value .to determine the appropriate level of reserves , we evaluate current stock levels in relation to historical and expected patterns of demand for all of our products and instrument systems and components .the basis for the determination is generally the same for all inventory and instrument items and categories except for work-in-progress inventory , which is recorded at cost .obsolete or discontinued items are generally destroyed and completely written off .management evaluates the need for changes to valuation reserves based on market conditions , competitive offerings and other factors on a regular basis .income taxes fffd we estimate income tax expense and income tax liabilities and assets by taxable jurisdiction .realization of deferred tax assets in each taxable jurisdiction is dependent on our ability to generate future taxable income sufficient to realize the benefits .we evaluate deferred tax assets on an ongoing basis and provide valuation allowances if it is determined to be 201cmore likely than not 201d that the deferred tax benefit will not be realized .federal income taxes are provided on the portion of the income of foreign subsidiaries that is expected to be remitted to the u.s .we operate within numerous taxing jurisdictions .we are subject to regulatory review or audit in virtually all of those jurisdictions and those reviews and audits may require extended periods of time to resolve .we make use of all available information and make reasoned judgments regarding matters requiring interpretation in establishing tax expense , liabilities and reserves .we believe adequate provisions exist for income taxes for all periods and jurisdictions subject to review or audit .commitments and contingencies 2013 accruals for product liability and other claims are established with internal and external legal counsel based on current information and historical settlement information for claims , related fees and for claims incurred but not reported .we use an actuarial model to assist management in determining an appropriate level of accruals for product liability claims .historical patterns of claim loss development over time are statistically analyzed to arrive at factors which are then applied to loss estimates in the actuarial model .the amounts established equate to less than 5 percent of total liabilities and represent management 2019s best estimate of the ultimate costs that we will incur under the various contingencies .goodwill and intangible assets 2013 we evaluate the carrying value of goodwill and indefinite life intangible assets annually , or whenever events or circumstances indicate the carrying value may not be recoverable .we evaluate the carrying value of finite life intangible assets whenever events or circumstances indicate the carrying value may not be recoverable .significant assumptions are required to estimate the fair value of goodwill and intangible assets , most notably estimated future cash flows generated by these assets .as such , these fair valuation measurements use significant unobservable inputs as defined under statement of financial accounting standards no .157 , fair value measurements .changes to these assumptions could require us to record impairment charges on these assets .share-based payment 2013 we account for share-based payment expense in accordance with the fair value z i m m e r h o l d i n g s , i n c .2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t .
Question: what percentage does the long-term debt represent in relation to the total contractual obligations?
| convfinqa1677 |
customary affirmative and negative covenants and events of default for an unsecured financing arrangement , including , among other things , limitations on consolidations , mergers and sales of assets .financial covenants include a maximum leverage ratio of 3.0 to 1.0 and a minimum interest coverage ratio of 3.5 to 1.0 .if we fall below an investment grade credit rating , additional restrictions would result , including restrictions on investments , payment of dividends and stock repurchases .we were in compliance with all covenants under the senior credit facility as of december 31 , 2007 .commitments under the senior credit facility are subject to certain fees , including a facility and a utilization fee .the senior credit facility is rated a- by standard & poor 2019s ratings services and is not rated by moody 2019s investors 2019 service , inc .we also have available uncommitted credit facilities totaling $ 70.4 million .management believes that cash flows from operations , together with available borrowings under the senior credit facility , are sufficient to meet our expected working capital , capital expenditure and debt service needs .should investment opportunities arise , we believe that our earnings , balance sheet and cash flows will allow us to obtain additional capital , if necessary .contractual obligations we have entered into contracts with various third parties in the normal course of business which will require future payments .the following table illustrates our contractual obligations ( in millions ) : contractual obligations total 2008 thereafter . contractual obligations | total | 2008 | 2009 and 2010 | 2011 and 2012 | 2013 and thereafter
long-term debt | $ 104.3 | $ 2013 | $ 2013 | $ 104.3 | $ 2013
operating leases | 134.3 | 35.4 | 50.0 | 28.6 | 20.3
purchase obligations | 24.6 | 23.2 | 1.4 | 2013 | 2013
long-term income taxes payable | 137.0 | 2013 | 57.7 | 53.9 | 25.4
other long-term liabilities | 191.4 | 2013 | 47.3 | 17.1 | 127.0
total contractual obligations | $ 591.6 | $ 58.6 | $ 156.4 | $ 203.9 | $ 172.7 total contractual obligations $ 591.6 $ 58.6 $ 156.4 $ 203.9 $ 172.7 critical accounting estimates our financial results are affected by the selection and application of accounting policies and methods .significant accounting policies which require management 2019s judgment are discussed below .excess inventory and instruments 2013 we must determine as of each balance sheet date how much , if any , of our inventory may ultimately prove to be unsaleable or unsaleable at our carrying cost .similarly , we must also determine if instruments on hand will be put to productive use or remain undeployed as a result of excess supply .reserves are established to effectively adjust inventory and instruments to net realizable value .to determine the appropriate level of reserves , we evaluate current stock levels in relation to historical and expected patterns of demand for all of our products and instrument systems and components .the basis for the determination is generally the same for all inventory and instrument items and categories except for work-in-progress inventory , which is recorded at cost .obsolete or discontinued items are generally destroyed and completely written off .management evaluates the need for changes to valuation reserves based on market conditions , competitive offerings and other factors on a regular basis .income taxes fffd we estimate income tax expense and income tax liabilities and assets by taxable jurisdiction .realization of deferred tax assets in each taxable jurisdiction is dependent on our ability to generate future taxable income sufficient to realize the benefits .we evaluate deferred tax assets on an ongoing basis and provide valuation allowances if it is determined to be 201cmore likely than not 201d that the deferred tax benefit will not be realized .federal income taxes are provided on the portion of the income of foreign subsidiaries that is expected to be remitted to the u.s .we operate within numerous taxing jurisdictions .we are subject to regulatory review or audit in virtually all of those jurisdictions and those reviews and audits may require extended periods of time to resolve .we make use of all available information and make reasoned judgments regarding matters requiring interpretation in establishing tax expense , liabilities and reserves .we believe adequate provisions exist for income taxes for all periods and jurisdictions subject to review or audit .commitments and contingencies 2013 accruals for product liability and other claims are established with internal and external legal counsel based on current information and historical settlement information for claims , related fees and for claims incurred but not reported .we use an actuarial model to assist management in determining an appropriate level of accruals for product liability claims .historical patterns of claim loss development over time are statistically analyzed to arrive at factors which are then applied to loss estimates in the actuarial model .the amounts established equate to less than 5 percent of total liabilities and represent management 2019s best estimate of the ultimate costs that we will incur under the various contingencies .goodwill and intangible assets 2013 we evaluate the carrying value of goodwill and indefinite life intangible assets annually , or whenever events or circumstances indicate the carrying value may not be recoverable .we evaluate the carrying value of finite life intangible assets whenever events or circumstances indicate the carrying value may not be recoverable .significant assumptions are required to estimate the fair value of goodwill and intangible assets , most notably estimated future cash flows generated by these assets .as such , these fair valuation measurements use significant unobservable inputs as defined under statement of financial accounting standards no .157 , fair value measurements .changes to these assumptions could require us to record impairment charges on these assets .share-based payment 2013 we account for share-based payment expense in accordance with the fair value z i m m e r h o l d i n g s , i n c .2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t .
Question: what percentage does the long-term debt represent in relation to the total contractual obligations?
Steps: divide(104.3, 591.6)
Answer: 0.1763
Question: and what percentage do operating leases represent?
| 0.22701 | 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.
customary affirmative and negative covenants and events of default for an unsecured financing arrangement , including , among other things , limitations on consolidations , mergers and sales of assets .financial covenants include a maximum leverage ratio of 3.0 to 1.0 and a minimum interest coverage ratio of 3.5 to 1.0 .if we fall below an investment grade credit rating , additional restrictions would result , including restrictions on investments , payment of dividends and stock repurchases .we were in compliance with all covenants under the senior credit facility as of december 31 , 2007 .commitments under the senior credit facility are subject to certain fees , including a facility and a utilization fee .the senior credit facility is rated a- by standard & poor 2019s ratings services and is not rated by moody 2019s investors 2019 service , inc .we also have available uncommitted credit facilities totaling $ 70.4 million .management believes that cash flows from operations , together with available borrowings under the senior credit facility , are sufficient to meet our expected working capital , capital expenditure and debt service needs .should investment opportunities arise , we believe that our earnings , balance sheet and cash flows will allow us to obtain additional capital , if necessary .contractual obligations we have entered into contracts with various third parties in the normal course of business which will require future payments .the following table illustrates our contractual obligations ( in millions ) : contractual obligations total 2008 thereafter . contractual obligations | total | 2008 | 2009 and 2010 | 2011 and 2012 | 2013 and thereafter
long-term debt | $ 104.3 | $ 2013 | $ 2013 | $ 104.3 | $ 2013
operating leases | 134.3 | 35.4 | 50.0 | 28.6 | 20.3
purchase obligations | 24.6 | 23.2 | 1.4 | 2013 | 2013
long-term income taxes payable | 137.0 | 2013 | 57.7 | 53.9 | 25.4
other long-term liabilities | 191.4 | 2013 | 47.3 | 17.1 | 127.0
total contractual obligations | $ 591.6 | $ 58.6 | $ 156.4 | $ 203.9 | $ 172.7 total contractual obligations $ 591.6 $ 58.6 $ 156.4 $ 203.9 $ 172.7 critical accounting estimates our financial results are affected by the selection and application of accounting policies and methods .significant accounting policies which require management 2019s judgment are discussed below .excess inventory and instruments 2013 we must determine as of each balance sheet date how much , if any , of our inventory may ultimately prove to be unsaleable or unsaleable at our carrying cost .similarly , we must also determine if instruments on hand will be put to productive use or remain undeployed as a result of excess supply .reserves are established to effectively adjust inventory and instruments to net realizable value .to determine the appropriate level of reserves , we evaluate current stock levels in relation to historical and expected patterns of demand for all of our products and instrument systems and components .the basis for the determination is generally the same for all inventory and instrument items and categories except for work-in-progress inventory , which is recorded at cost .obsolete or discontinued items are generally destroyed and completely written off .management evaluates the need for changes to valuation reserves based on market conditions , competitive offerings and other factors on a regular basis .income taxes fffd we estimate income tax expense and income tax liabilities and assets by taxable jurisdiction .realization of deferred tax assets in each taxable jurisdiction is dependent on our ability to generate future taxable income sufficient to realize the benefits .we evaluate deferred tax assets on an ongoing basis and provide valuation allowances if it is determined to be 201cmore likely than not 201d that the deferred tax benefit will not be realized .federal income taxes are provided on the portion of the income of foreign subsidiaries that is expected to be remitted to the u.s .we operate within numerous taxing jurisdictions .we are subject to regulatory review or audit in virtually all of those jurisdictions and those reviews and audits may require extended periods of time to resolve .we make use of all available information and make reasoned judgments regarding matters requiring interpretation in establishing tax expense , liabilities and reserves .we believe adequate provisions exist for income taxes for all periods and jurisdictions subject to review or audit .commitments and contingencies 2013 accruals for product liability and other claims are established with internal and external legal counsel based on current information and historical settlement information for claims , related fees and for claims incurred but not reported .we use an actuarial model to assist management in determining an appropriate level of accruals for product liability claims .historical patterns of claim loss development over time are statistically analyzed to arrive at factors which are then applied to loss estimates in the actuarial model .the amounts established equate to less than 5 percent of total liabilities and represent management 2019s best estimate of the ultimate costs that we will incur under the various contingencies .goodwill and intangible assets 2013 we evaluate the carrying value of goodwill and indefinite life intangible assets annually , or whenever events or circumstances indicate the carrying value may not be recoverable .we evaluate the carrying value of finite life intangible assets whenever events or circumstances indicate the carrying value may not be recoverable .significant assumptions are required to estimate the fair value of goodwill and intangible assets , most notably estimated future cash flows generated by these assets .as such , these fair valuation measurements use significant unobservable inputs as defined under statement of financial accounting standards no .157 , fair value measurements .changes to these assumptions could require us to record impairment charges on these assets .share-based payment 2013 we account for share-based payment expense in accordance with the fair value z i m m e r h o l d i n g s , i n c .2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t .
Question: what percentage does the long-term debt represent in relation to the total contractual obligations?
Steps: divide(104.3, 591.6)
Answer: 0.1763
Question: and what percentage do operating leases represent?
| convfinqa1678 |
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
| 1187.4 | 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.
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
| convfinqa1679 |
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
Steps: Ask for number 1187.4
Answer: 1187.4
Question: and for 2006?
| 1113.2 | 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.
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
Steps: Ask for number 1187.4
Answer: 1187.4
Question: and for 2006?
| convfinqa1680 |
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
Steps: Ask for number 1187.4
Answer: 1187.4
Question: and for 2006?
Steps: Ask for number 1113.2
Answer: 1113.2
Question: what was the difference in this value between the two years?
| 74.2 | 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.
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
Steps: Ask for number 1187.4
Answer: 1187.4
Question: and for 2006?
Steps: Ask for number 1113.2
Answer: 1113.2
Question: what was the difference in this value between the two years?
| convfinqa1681 |
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
Steps: Ask for number 1187.4
Answer: 1187.4
Question: and for 2006?
Steps: Ask for number 1113.2
Answer: 1113.2
Question: what was the difference in this value between the two years?
Steps: subtract(1187.4, 1113.2)
Answer: 74.2
Question: so what was the percentage change?
| 0.06665 | 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.
2007 annual report 39 corporate snap-on 2019s general corporate expenses totaled $ 53.8 million in 2006 , up from $ 46.4 million in 2005 , primarily due to $ 15.2 million of increased stock-based and performance-based incentive compensation , including $ 6.3 million from the january 1 , 2006 , adoption of sfas no .123 ( r ) .increased expenses in 2006 also included $ 4.2 million of higher insurance and other costs .these expense increases were partially offset by $ 9.5 million of benefits from rci initiatives .see note 13 to the consolidated financial statements for information on the company 2019s adoption of sfas no .123 ( r ) .financial condition snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing .snap-on believes that its cash from operations , coupled with its sources of borrowings , are sufficient to fund its anticipated requirements for working capital , capital expenditures , restructuring activities , acquisitions , common stock repurchases and dividend payments .due to snap-on 2019s credit rating over the years , external funds have been available at a reasonable cost .as of the close of business on february 15 , 2008 , snap-on 2019s long-term debt and commercial paper was rated a3 and p-2 by moody 2019s investors service and a- and a-2 by standard & poor 2019s .snap-on believes that the strength of its balance sheet , combined with its cash flows from operating activities , affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions .the following discussion focuses on information included in the accompanying consolidated balance sheets .snap-on has been focused on improving asset utilization by making more effective use of its investment in certain working capital items .the company assesses management 2019s operating performance and effectiveness relative to those components of working capital , particularly accounts receivable and inventories , that are more directly impacted by operational decisions .as of december 29 , 2007 , working capital ( current assets less current liabilities ) of $ 548.2 million was up $ 117.0 million from $ 431.2 million as of december 30 , 2006 .the increase in year-over-year working capital primarily reflects higher levels of 201ccash and cash equivalents 201d of $ 29.6 million , lower 201cnotes payable and current maturities of long-term debt 201d of $ 27.7 million , and $ 27.7 million of increased 201caccounts receivable 2013 net of allowances . 201d the following represents the company 2019s working capital position as of december 29 , 2007 , and december 30 , 2006 .( amounts in millions ) 2007 2006 . ( amounts in millions ) ad | 2007 | 2006
cash and cash equivalents | $ 93.0 | $ 63.4
accounts receivable 2013 net of allowances | 586.9 | 559.2
inventories | 322.4 | 323.0
other current assets | 185.1 | 167.6
total current assets | 1187.4 | 1113.2
accounts payable | -171.6 ( 171.6 ) | -178.8 ( 178.8 )
notes payable and current maturities of long-term debt | -15.9 ( 15.9 ) | -43.6 ( 43.6 )
other current liabilities | -451.7 ( 451.7 ) | -459.6 ( 459.6 )
total current liabilities | -639.2 ( 639.2 ) | -682.0 ( 682.0 )
total working capital | $ 548.2 | $ 431.2 accounts receivable at the end of 2007 was $ 586.9 million , up $ 27.7 million from year-end 2006 levels .the year-over- year increase in accounts receivable primarily reflects the impact of higher sales in the fourth quarter of 2007 and $ 25.1 million of currency translation .this increase in accounts receivable was partially offset by lower levels of receivables as a result of an improvement in days sales outstanding from 76 days at year-end 2006 to 73 days at year-end 2007. .
Question: what was the total current assets in 2007?
Steps: Ask for number 1187.4
Answer: 1187.4
Question: and for 2006?
Steps: Ask for number 1113.2
Answer: 1113.2
Question: what was the difference in this value between the two years?
Steps: subtract(1187.4, 1113.2)
Answer: 74.2
Question: so what was the percentage change?
| convfinqa1682 |
the segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
| 2.6 | 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 segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
| convfinqa1683 |
the segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
Steps: Ask for number 2.6
Answer: 2.6
Question: what was the amount in 2006?
| 3.2 | 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.
the segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
Steps: Ask for number 2.6
Answer: 2.6
Question: what was the amount in 2006?
| convfinqa1684 |
the segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
Steps: Ask for number 2.6
Answer: 2.6
Question: what was the amount in 2006?
Steps: Ask for number 3.2
Answer: 3.2
Question: what is the net difference?
| -0.6 | 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 segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
Steps: Ask for number 2.6
Answer: 2.6
Question: what was the amount in 2006?
Steps: Ask for number 3.2
Answer: 3.2
Question: what is the net difference?
| convfinqa1685 |
the segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
Steps: Ask for number 2.6
Answer: 2.6
Question: what was the amount in 2006?
Steps: Ask for number 3.2
Answer: 3.2
Question: what is the net difference?
Steps: subtract(2.6, 3.2)
Answer: -0.6
Question: what is the difference divided by the 2006 value?
| -0.1875 | 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 segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 .the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed .sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives .r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax .as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased .in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales .the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 .in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services .during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement .fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 .as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 .additionally , in 2007 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly hd/dvr devices .during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators .these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services .in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash .enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) .in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 .( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . ( dollars in millions ) | years ended december 31 2008 | years ended december 31 2007 | years ended december 31 2006 | years ended december 31 2008 20142007 | 2007 20142006
segment net sales | $ 8093 | $ 7729 | $ 5400 | 5% ( 5 % ) | 43% ( 43 % )
operating earnings | 1496 | 1213 | 958 | 23% ( 23 % ) | 27% ( 27 % ) segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 .the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market .the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america .on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america .65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
Steps: Ask for number 2.6
Answer: 2.6
Question: what was the amount in 2006?
Steps: Ask for number 3.2
Answer: 3.2
Question: what is the net difference?
Steps: subtract(2.6, 3.2)
Answer: -0.6
Question: what is the difference divided by the 2006 value?
| convfinqa1686 |
2011 compared to 2010 mfc 2019s net sales for 2011 increased $ 533 million , or 8% ( 8 % ) , compared to 2010 .the increase was attributable to higher volume of about $ 420 million on air and missile defense programs ( primarily pac-3 and thaad ) ; and about $ 245 million from fire control systems programs primarily related to the sof clss program , which began late in the third quarter of 2010 .partially offsetting these increases were lower net sales due to decreased volume of approximately $ 75 million primarily from various services programs and approximately $ 20 million from tactical missile programs ( primarily mlrs and jassm ) .mfc 2019s operating profit for 2011 increased $ 96 million , or 10% ( 10 % ) , compared to 2010 .the increase was attributable to higher operating profit of about $ 60 million for air and missile defense programs ( primarily pac-3 and thaad ) as a result of increased volume and retirement of risks ; and approximately $ 25 million for various services programs .adjustments not related to volume , including net profit rate adjustments described above , were approximately $ 35 million higher in 2011 compared to 2010 .backlog backlog increased in 2012 compared to 2011 mainly due to increased orders and lower sales on fire control systems programs ( primarily lantirn ae and sniper ae ) and on various services programs , partially offset by lower orders and higher sales volume on tactical missiles programs .backlog increased in 2011 compared to 2010 primarily due to increased orders on air and missile defense programs ( primarily thaad ) .trends we expect mfc 2019s net sales for 2013 will be comparable with 2012 .we expect low double digit percentage growth in air and missile defense programs , offset by an expected decline in volume on logistics services programs .operating profit and margin are expected to be comparable with 2012 results .mission systems and training our mst business segment provides surface ship and submarine combat systems ; sea and land-based missile defense systems ; radar systems ; mission systems and sensors for rotary and fixed-wing aircraft ; littoral combat ships ; simulation and training services ; unmanned technologies and platforms ; ship systems integration ; and military and commercial training systems .mst 2019s major programs include aegis , mk-41 vertical launching system ( vls ) , tpq-53 radar system , mh-60 , lcs , and ptds .mst 2019s operating results included the following ( in millions ) : . | 2012 | 2011 | 2010
net sales | $ 7579 | $ 7132 | $ 7443
operating profit | 737 | 645 | 713
operating margins | 9.7% ( 9.7 % ) | 9.0% ( 9.0 % ) | 9.6% ( 9.6 % )
backlog at year-end | 10700 | 10500 | 10600 2012 compared to 2011 mst 2019s net sales for 2012 increased $ 447 million , or 6% ( 6 % ) , compared to 2011 .the increase in net sales for 2012 was attributable to higher volume and risk retirements of approximately $ 395 million from ship and aviation system programs ( primarily ptds ; lcs ; vls ; and mh-60 ) ; about $ 115 million for training and logistics solutions programs primarily due to net sales from sim industries , which was acquired in the fourth quarter of 2011 ; and approximately $ 30 million as a result of increased volume on integrated warfare systems and sensors programs ( primarily aegis ) .partially offsetting the increases were lower net sales of approximately $ 70 million from undersea systems programs due to lower volume on an international combat system program and towed array systems ; and about $ 25 million due to lower volume on various other programs .mst 2019s operating profit for 2012 increased $ 92 million , or 14% ( 14 % ) , compared to 2011 .the increase was attributable to higher operating profit of approximately $ 175 million from ship and aviation system programs , which reflects higher volume and risk retirements on certain programs ( primarily vls ; ptds ; mh-60 ; and lcs ) and reserves of about $ 55 million for contract cost matters on ship and aviation system programs recorded in the fourth quarter of 2011 ( including the terminated presidential helicopter program ) .partially offsetting the increase was lower operating profit of approximately $ 40 million from undersea systems programs due to reduced profit booking rates on certain programs and lower volume on an international combat system program and towed array systems ; and about $ 40 million due to lower volume on various other programs .adjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 150 million higher for 2012 compared to 2011. .
Question: what was the change in the mst net sales from 2010 to 2011?
| -311.0 | 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.
2011 compared to 2010 mfc 2019s net sales for 2011 increased $ 533 million , or 8% ( 8 % ) , compared to 2010 .the increase was attributable to higher volume of about $ 420 million on air and missile defense programs ( primarily pac-3 and thaad ) ; and about $ 245 million from fire control systems programs primarily related to the sof clss program , which began late in the third quarter of 2010 .partially offsetting these increases were lower net sales due to decreased volume of approximately $ 75 million primarily from various services programs and approximately $ 20 million from tactical missile programs ( primarily mlrs and jassm ) .mfc 2019s operating profit for 2011 increased $ 96 million , or 10% ( 10 % ) , compared to 2010 .the increase was attributable to higher operating profit of about $ 60 million for air and missile defense programs ( primarily pac-3 and thaad ) as a result of increased volume and retirement of risks ; and approximately $ 25 million for various services programs .adjustments not related to volume , including net profit rate adjustments described above , were approximately $ 35 million higher in 2011 compared to 2010 .backlog backlog increased in 2012 compared to 2011 mainly due to increased orders and lower sales on fire control systems programs ( primarily lantirn ae and sniper ae ) and on various services programs , partially offset by lower orders and higher sales volume on tactical missiles programs .backlog increased in 2011 compared to 2010 primarily due to increased orders on air and missile defense programs ( primarily thaad ) .trends we expect mfc 2019s net sales for 2013 will be comparable with 2012 .we expect low double digit percentage growth in air and missile defense programs , offset by an expected decline in volume on logistics services programs .operating profit and margin are expected to be comparable with 2012 results .mission systems and training our mst business segment provides surface ship and submarine combat systems ; sea and land-based missile defense systems ; radar systems ; mission systems and sensors for rotary and fixed-wing aircraft ; littoral combat ships ; simulation and training services ; unmanned technologies and platforms ; ship systems integration ; and military and commercial training systems .mst 2019s major programs include aegis , mk-41 vertical launching system ( vls ) , tpq-53 radar system , mh-60 , lcs , and ptds .mst 2019s operating results included the following ( in millions ) : . | 2012 | 2011 | 2010
net sales | $ 7579 | $ 7132 | $ 7443
operating profit | 737 | 645 | 713
operating margins | 9.7% ( 9.7 % ) | 9.0% ( 9.0 % ) | 9.6% ( 9.6 % )
backlog at year-end | 10700 | 10500 | 10600 2012 compared to 2011 mst 2019s net sales for 2012 increased $ 447 million , or 6% ( 6 % ) , compared to 2011 .the increase in net sales for 2012 was attributable to higher volume and risk retirements of approximately $ 395 million from ship and aviation system programs ( primarily ptds ; lcs ; vls ; and mh-60 ) ; about $ 115 million for training and logistics solutions programs primarily due to net sales from sim industries , which was acquired in the fourth quarter of 2011 ; and approximately $ 30 million as a result of increased volume on integrated warfare systems and sensors programs ( primarily aegis ) .partially offsetting the increases were lower net sales of approximately $ 70 million from undersea systems programs due to lower volume on an international combat system program and towed array systems ; and about $ 25 million due to lower volume on various other programs .mst 2019s operating profit for 2012 increased $ 92 million , or 14% ( 14 % ) , compared to 2011 .the increase was attributable to higher operating profit of approximately $ 175 million from ship and aviation system programs , which reflects higher volume and risk retirements on certain programs ( primarily vls ; ptds ; mh-60 ; and lcs ) and reserves of about $ 55 million for contract cost matters on ship and aviation system programs recorded in the fourth quarter of 2011 ( including the terminated presidential helicopter program ) .partially offsetting the increase was lower operating profit of approximately $ 40 million from undersea systems programs due to reduced profit booking rates on certain programs and lower volume on an international combat system program and towed array systems ; and about $ 40 million due to lower volume on various other programs .adjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 150 million higher for 2012 compared to 2011. .
Question: what was the change in the mst net sales from 2010 to 2011?
| convfinqa1687 |
2011 compared to 2010 mfc 2019s net sales for 2011 increased $ 533 million , or 8% ( 8 % ) , compared to 2010 .the increase was attributable to higher volume of about $ 420 million on air and missile defense programs ( primarily pac-3 and thaad ) ; and about $ 245 million from fire control systems programs primarily related to the sof clss program , which began late in the third quarter of 2010 .partially offsetting these increases were lower net sales due to decreased volume of approximately $ 75 million primarily from various services programs and approximately $ 20 million from tactical missile programs ( primarily mlrs and jassm ) .mfc 2019s operating profit for 2011 increased $ 96 million , or 10% ( 10 % ) , compared to 2010 .the increase was attributable to higher operating profit of about $ 60 million for air and missile defense programs ( primarily pac-3 and thaad ) as a result of increased volume and retirement of risks ; and approximately $ 25 million for various services programs .adjustments not related to volume , including net profit rate adjustments described above , were approximately $ 35 million higher in 2011 compared to 2010 .backlog backlog increased in 2012 compared to 2011 mainly due to increased orders and lower sales on fire control systems programs ( primarily lantirn ae and sniper ae ) and on various services programs , partially offset by lower orders and higher sales volume on tactical missiles programs .backlog increased in 2011 compared to 2010 primarily due to increased orders on air and missile defense programs ( primarily thaad ) .trends we expect mfc 2019s net sales for 2013 will be comparable with 2012 .we expect low double digit percentage growth in air and missile defense programs , offset by an expected decline in volume on logistics services programs .operating profit and margin are expected to be comparable with 2012 results .mission systems and training our mst business segment provides surface ship and submarine combat systems ; sea and land-based missile defense systems ; radar systems ; mission systems and sensors for rotary and fixed-wing aircraft ; littoral combat ships ; simulation and training services ; unmanned technologies and platforms ; ship systems integration ; and military and commercial training systems .mst 2019s major programs include aegis , mk-41 vertical launching system ( vls ) , tpq-53 radar system , mh-60 , lcs , and ptds .mst 2019s operating results included the following ( in millions ) : . | 2012 | 2011 | 2010
net sales | $ 7579 | $ 7132 | $ 7443
operating profit | 737 | 645 | 713
operating margins | 9.7% ( 9.7 % ) | 9.0% ( 9.0 % ) | 9.6% ( 9.6 % )
backlog at year-end | 10700 | 10500 | 10600 2012 compared to 2011 mst 2019s net sales for 2012 increased $ 447 million , or 6% ( 6 % ) , compared to 2011 .the increase in net sales for 2012 was attributable to higher volume and risk retirements of approximately $ 395 million from ship and aviation system programs ( primarily ptds ; lcs ; vls ; and mh-60 ) ; about $ 115 million for training and logistics solutions programs primarily due to net sales from sim industries , which was acquired in the fourth quarter of 2011 ; and approximately $ 30 million as a result of increased volume on integrated warfare systems and sensors programs ( primarily aegis ) .partially offsetting the increases were lower net sales of approximately $ 70 million from undersea systems programs due to lower volume on an international combat system program and towed array systems ; and about $ 25 million due to lower volume on various other programs .mst 2019s operating profit for 2012 increased $ 92 million , or 14% ( 14 % ) , compared to 2011 .the increase was attributable to higher operating profit of approximately $ 175 million from ship and aviation system programs , which reflects higher volume and risk retirements on certain programs ( primarily vls ; ptds ; mh-60 ; and lcs ) and reserves of about $ 55 million for contract cost matters on ship and aviation system programs recorded in the fourth quarter of 2011 ( including the terminated presidential helicopter program ) .partially offsetting the increase was lower operating profit of approximately $ 40 million from undersea systems programs due to reduced profit booking rates on certain programs and lower volume on an international combat system program and towed array systems ; and about $ 40 million due to lower volume on various other programs .adjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 150 million higher for 2012 compared to 2011. .
Question: what was the change in the mst net sales from 2010 to 2011?
Steps: subtract(7132, 7443)
Answer: -311.0
Question: and how much does this change represent in relation to those net sales in 2010, in percentage?
| -0.04178 | 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.
2011 compared to 2010 mfc 2019s net sales for 2011 increased $ 533 million , or 8% ( 8 % ) , compared to 2010 .the increase was attributable to higher volume of about $ 420 million on air and missile defense programs ( primarily pac-3 and thaad ) ; and about $ 245 million from fire control systems programs primarily related to the sof clss program , which began late in the third quarter of 2010 .partially offsetting these increases were lower net sales due to decreased volume of approximately $ 75 million primarily from various services programs and approximately $ 20 million from tactical missile programs ( primarily mlrs and jassm ) .mfc 2019s operating profit for 2011 increased $ 96 million , or 10% ( 10 % ) , compared to 2010 .the increase was attributable to higher operating profit of about $ 60 million for air and missile defense programs ( primarily pac-3 and thaad ) as a result of increased volume and retirement of risks ; and approximately $ 25 million for various services programs .adjustments not related to volume , including net profit rate adjustments described above , were approximately $ 35 million higher in 2011 compared to 2010 .backlog backlog increased in 2012 compared to 2011 mainly due to increased orders and lower sales on fire control systems programs ( primarily lantirn ae and sniper ae ) and on various services programs , partially offset by lower orders and higher sales volume on tactical missiles programs .backlog increased in 2011 compared to 2010 primarily due to increased orders on air and missile defense programs ( primarily thaad ) .trends we expect mfc 2019s net sales for 2013 will be comparable with 2012 .we expect low double digit percentage growth in air and missile defense programs , offset by an expected decline in volume on logistics services programs .operating profit and margin are expected to be comparable with 2012 results .mission systems and training our mst business segment provides surface ship and submarine combat systems ; sea and land-based missile defense systems ; radar systems ; mission systems and sensors for rotary and fixed-wing aircraft ; littoral combat ships ; simulation and training services ; unmanned technologies and platforms ; ship systems integration ; and military and commercial training systems .mst 2019s major programs include aegis , mk-41 vertical launching system ( vls ) , tpq-53 radar system , mh-60 , lcs , and ptds .mst 2019s operating results included the following ( in millions ) : . | 2012 | 2011 | 2010
net sales | $ 7579 | $ 7132 | $ 7443
operating profit | 737 | 645 | 713
operating margins | 9.7% ( 9.7 % ) | 9.0% ( 9.0 % ) | 9.6% ( 9.6 % )
backlog at year-end | 10700 | 10500 | 10600 2012 compared to 2011 mst 2019s net sales for 2012 increased $ 447 million , or 6% ( 6 % ) , compared to 2011 .the increase in net sales for 2012 was attributable to higher volume and risk retirements of approximately $ 395 million from ship and aviation system programs ( primarily ptds ; lcs ; vls ; and mh-60 ) ; about $ 115 million for training and logistics solutions programs primarily due to net sales from sim industries , which was acquired in the fourth quarter of 2011 ; and approximately $ 30 million as a result of increased volume on integrated warfare systems and sensors programs ( primarily aegis ) .partially offsetting the increases were lower net sales of approximately $ 70 million from undersea systems programs due to lower volume on an international combat system program and towed array systems ; and about $ 25 million due to lower volume on various other programs .mst 2019s operating profit for 2012 increased $ 92 million , or 14% ( 14 % ) , compared to 2011 .the increase was attributable to higher operating profit of approximately $ 175 million from ship and aviation system programs , which reflects higher volume and risk retirements on certain programs ( primarily vls ; ptds ; mh-60 ; and lcs ) and reserves of about $ 55 million for contract cost matters on ship and aviation system programs recorded in the fourth quarter of 2011 ( including the terminated presidential helicopter program ) .partially offsetting the increase was lower operating profit of approximately $ 40 million from undersea systems programs due to reduced profit booking rates on certain programs and lower volume on an international combat system program and towed array systems ; and about $ 40 million due to lower volume on various other programs .adjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 150 million higher for 2012 compared to 2011. .
Question: what was the change in the mst net sales from 2010 to 2011?
Steps: subtract(7132, 7443)
Answer: -311.0
Question: and how much does this change represent in relation to those net sales in 2010, in percentage?
| convfinqa1688 |
the following table summarizes the changes in the company 2019s valuation allowance: . balance at january 1 2010 | $ 25621
increases in current period tax positions | 907
decreases in current period tax positions | -2740 ( 2740 )
balance at december 31 2010 | $ 23788
increases in current period tax positions | 1525
decreases in current period tax positions | -3734 ( 3734 )
balance at december 31 2011 | $ 21579
increases in current period tax positions | 0
decreases in current period tax positions | -2059 ( 2059 )
balance at december 31 2012 | $ 19520 note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations .benefits under the plans are based on the employee 2019s years of service and compensation .the pension plans have been closed for most employees hired on or after january 1 , 2006 .union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement .union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan .the company does not participate in a multiemployer plan .the company 2019s funding policy is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost , and an additional contribution if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 .the company may also increase its contributions , if appropriate , to its tax and cash position and the plan 2019s funded position .pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities and guaranteed interest contracts with insurance companies .pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans .( see note 6 ) the company also has several unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees .the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees .the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 .the plans had previously closed for non-union employees hired on or after january 1 , 2002 .the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes .plan assets are invested in equity and bond mutual funds , fixed income securities , real estate investment trusts ( 201creits 201d ) and emerging market funds .the obligations of the plans are dominated by obligations for active employees .because the timing of expected benefit payments is so far in the future and the size of the plan assets are small relative to the company 2019s assets , the investment strategy is to allocate a significant percentage of assets to equities , which the company believes will provide the highest return over the long-term period .the fixed income assets are invested in long duration debt securities and may be invested in fixed income instruments , such as futures and options in order to better match the duration of the plan liability. .
Question: what was the net change in tax positions throughout 2010?
| -1833.0 | 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 following table summarizes the changes in the company 2019s valuation allowance: . balance at january 1 2010 | $ 25621
increases in current period tax positions | 907
decreases in current period tax positions | -2740 ( 2740 )
balance at december 31 2010 | $ 23788
increases in current period tax positions | 1525
decreases in current period tax positions | -3734 ( 3734 )
balance at december 31 2011 | $ 21579
increases in current period tax positions | 0
decreases in current period tax positions | -2059 ( 2059 )
balance at december 31 2012 | $ 19520 note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations .benefits under the plans are based on the employee 2019s years of service and compensation .the pension plans have been closed for most employees hired on or after january 1 , 2006 .union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement .union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan .the company does not participate in a multiemployer plan .the company 2019s funding policy is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost , and an additional contribution if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 .the company may also increase its contributions , if appropriate , to its tax and cash position and the plan 2019s funded position .pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities and guaranteed interest contracts with insurance companies .pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans .( see note 6 ) the company also has several unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees .the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees .the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 .the plans had previously closed for non-union employees hired on or after january 1 , 2002 .the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes .plan assets are invested in equity and bond mutual funds , fixed income securities , real estate investment trusts ( 201creits 201d ) and emerging market funds .the obligations of the plans are dominated by obligations for active employees .because the timing of expected benefit payments is so far in the future and the size of the plan assets are small relative to the company 2019s assets , the investment strategy is to allocate a significant percentage of assets to equities , which the company believes will provide the highest return over the long-term period .the fixed income assets are invested in long duration debt securities and may be invested in fixed income instruments , such as futures and options in order to better match the duration of the plan liability. .
Question: what was the net change in tax positions throughout 2010?
| convfinqa1689 |
the following table summarizes the changes in the company 2019s valuation allowance: . balance at january 1 2010 | $ 25621
increases in current period tax positions | 907
decreases in current period tax positions | -2740 ( 2740 )
balance at december 31 2010 | $ 23788
increases in current period tax positions | 1525
decreases in current period tax positions | -3734 ( 3734 )
balance at december 31 2011 | $ 21579
increases in current period tax positions | 0
decreases in current period tax positions | -2059 ( 2059 )
balance at december 31 2012 | $ 19520 note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations .benefits under the plans are based on the employee 2019s years of service and compensation .the pension plans have been closed for most employees hired on or after january 1 , 2006 .union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement .union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan .the company does not participate in a multiemployer plan .the company 2019s funding policy is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost , and an additional contribution if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 .the company may also increase its contributions , if appropriate , to its tax and cash position and the plan 2019s funded position .pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities and guaranteed interest contracts with insurance companies .pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans .( see note 6 ) the company also has several unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees .the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees .the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 .the plans had previously closed for non-union employees hired on or after january 1 , 2002 .the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes .plan assets are invested in equity and bond mutual funds , fixed income securities , real estate investment trusts ( 201creits 201d ) and emerging market funds .the obligations of the plans are dominated by obligations for active employees .because the timing of expected benefit payments is so far in the future and the size of the plan assets are small relative to the company 2019s assets , the investment strategy is to allocate a significant percentage of assets to equities , which the company believes will provide the highest return over the long-term period .the fixed income assets are invested in long duration debt securities and may be invested in fixed income instruments , such as futures and options in order to better match the duration of the plan liability. .
Question: what was the net change in tax positions throughout 2010?
Steps: add(907, -2740)
Answer: -1833.0
Question: and what was it from 2011 to 2012?
| -2059.0 | 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 following table summarizes the changes in the company 2019s valuation allowance: . balance at january 1 2010 | $ 25621
increases in current period tax positions | 907
decreases in current period tax positions | -2740 ( 2740 )
balance at december 31 2010 | $ 23788
increases in current period tax positions | 1525
decreases in current period tax positions | -3734 ( 3734 )
balance at december 31 2011 | $ 21579
increases in current period tax positions | 0
decreases in current period tax positions | -2059 ( 2059 )
balance at december 31 2012 | $ 19520 note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations .benefits under the plans are based on the employee 2019s years of service and compensation .the pension plans have been closed for most employees hired on or after january 1 , 2006 .union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement .union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan .the company does not participate in a multiemployer plan .the company 2019s funding policy is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost , and an additional contribution if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 .the company may also increase its contributions , if appropriate , to its tax and cash position and the plan 2019s funded position .pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities and guaranteed interest contracts with insurance companies .pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans .( see note 6 ) the company also has several unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees .the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees .the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 .the plans had previously closed for non-union employees hired on or after january 1 , 2002 .the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes .plan assets are invested in equity and bond mutual funds , fixed income securities , real estate investment trusts ( 201creits 201d ) and emerging market funds .the obligations of the plans are dominated by obligations for active employees .because the timing of expected benefit payments is so far in the future and the size of the plan assets are small relative to the company 2019s assets , the investment strategy is to allocate a significant percentage of assets to equities , which the company believes will provide the highest return over the long-term period .the fixed income assets are invested in long duration debt securities and may be invested in fixed income instruments , such as futures and options in order to better match the duration of the plan liability. .
Question: what was the net change in tax positions throughout 2010?
Steps: add(907, -2740)
Answer: -1833.0
Question: and what was it from 2011 to 2012?
| convfinqa1690 |
the following table summarizes the changes in the company 2019s valuation allowance: . balance at january 1 2010 | $ 25621
increases in current period tax positions | 907
decreases in current period tax positions | -2740 ( 2740 )
balance at december 31 2010 | $ 23788
increases in current period tax positions | 1525
decreases in current period tax positions | -3734 ( 3734 )
balance at december 31 2011 | $ 21579
increases in current period tax positions | 0
decreases in current period tax positions | -2059 ( 2059 )
balance at december 31 2012 | $ 19520 note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations .benefits under the plans are based on the employee 2019s years of service and compensation .the pension plans have been closed for most employees hired on or after january 1 , 2006 .union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement .union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan .the company does not participate in a multiemployer plan .the company 2019s funding policy is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost , and an additional contribution if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 .the company may also increase its contributions , if appropriate , to its tax and cash position and the plan 2019s funded position .pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities and guaranteed interest contracts with insurance companies .pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans .( see note 6 ) the company also has several unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees .the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees .the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 .the plans had previously closed for non-union employees hired on or after january 1 , 2002 .the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes .plan assets are invested in equity and bond mutual funds , fixed income securities , real estate investment trusts ( 201creits 201d ) and emerging market funds .the obligations of the plans are dominated by obligations for active employees .because the timing of expected benefit payments is so far in the future and the size of the plan assets are small relative to the company 2019s assets , the investment strategy is to allocate a significant percentage of assets to equities , which the company believes will provide the highest return over the long-term period .the fixed income assets are invested in long duration debt securities and may be invested in fixed income instruments , such as futures and options in order to better match the duration of the plan liability. .
Question: what was the net change in tax positions throughout 2010?
Steps: add(907, -2740)
Answer: -1833.0
Question: and what was it from 2011 to 2012?
Steps: subtract(19520, 21579)
Answer: -2059.0
Question: how much does this previous change represent in relation to those tax positions or the valuation allowance in 2011?
| -0.09542 | 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 following table summarizes the changes in the company 2019s valuation allowance: . balance at january 1 2010 | $ 25621
increases in current period tax positions | 907
decreases in current period tax positions | -2740 ( 2740 )
balance at december 31 2010 | $ 23788
increases in current period tax positions | 1525
decreases in current period tax positions | -3734 ( 3734 )
balance at december 31 2011 | $ 21579
increases in current period tax positions | 0
decreases in current period tax positions | -2059 ( 2059 )
balance at december 31 2012 | $ 19520 note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations .benefits under the plans are based on the employee 2019s years of service and compensation .the pension plans have been closed for most employees hired on or after january 1 , 2006 .union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement .union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan .the company does not participate in a multiemployer plan .the company 2019s funding policy is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost , and an additional contribution if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 .the company may also increase its contributions , if appropriate , to its tax and cash position and the plan 2019s funded position .pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities and guaranteed interest contracts with insurance companies .pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans .( see note 6 ) the company also has several unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees .the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees .the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 .the plans had previously closed for non-union employees hired on or after january 1 , 2002 .the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes .plan assets are invested in equity and bond mutual funds , fixed income securities , real estate investment trusts ( 201creits 201d ) and emerging market funds .the obligations of the plans are dominated by obligations for active employees .because the timing of expected benefit payments is so far in the future and the size of the plan assets are small relative to the company 2019s assets , the investment strategy is to allocate a significant percentage of assets to equities , which the company believes will provide the highest return over the long-term period .the fixed income assets are invested in long duration debt securities and may be invested in fixed income instruments , such as futures and options in order to better match the duration of the plan liability. .
Question: what was the net change in tax positions throughout 2010?
Steps: add(907, -2740)
Answer: -1833.0
Question: and what was it from 2011 to 2012?
Steps: subtract(19520, 21579)
Answer: -2059.0
Question: how much does this previous change represent in relation to those tax positions or the valuation allowance in 2011?
| convfinqa1691 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
| 0.95926 | 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 company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
| convfinqa1692 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
| 2.7 | 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 company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
| convfinqa1693 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
| 58.0 | 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 company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
| convfinqa1694 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
| 49.9 | 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.
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
| convfinqa1695 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
| 8.1 | 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 company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
| convfinqa1696 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
Steps: subtract(58.0, 49.9)
Answer: 8.1
Question: what about the difference for franklin kentucky distribution center?
| 2.2 | 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.
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
Steps: subtract(58.0, 49.9)
Answer: 8.1
Question: what about the difference for franklin kentucky distribution center?
| convfinqa1697 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
Steps: subtract(58.0, 49.9)
Answer: 8.1
Question: what about the difference for franklin kentucky distribution center?
Steps: subtract(54.0, 51.8)
Answer: 2.2
Question: what is the lost amount from franklin kentucky distribution center and brentwood tennessee store support center?
| 10.8 | 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.
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
Steps: subtract(58.0, 49.9)
Answer: 8.1
Question: what about the difference for franklin kentucky distribution center?
Steps: subtract(54.0, 51.8)
Answer: 2.2
Question: what is the lost amount from franklin kentucky distribution center and brentwood tennessee store support center?
| convfinqa1698 |
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
Steps: subtract(58.0, 49.9)
Answer: 8.1
Question: what about the difference for franklin kentucky distribution center?
Steps: subtract(54.0, 51.8)
Answer: 2.2
Question: what is the lost amount from franklin kentucky distribution center and brentwood tennessee store support center?
Steps: add(#2, #2)
Answer: 10.8
Question: what about for all three centers?
| 13.0 | 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 company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) .the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds .this property was then leased back to the company .no cash was exchanged .the lease payments are equal to the amount of the payments on the bonds .the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds .at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 .the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . | bond term | bond authorized amount ( in millions ) | amount drawn ( in millions )
franklin kentucky distribution center | 30 years | $ 54.0 | $ 51.8
macon georgia distribution center | 15 years | $ 58.0 | $ 49.9
brentwood tennessee store support center | 10 years | $ 78.0 | $ 75.3 due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction .the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life .capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years .computer software consists of software developed for internal use and third-party software purchased for internal use .a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life .these costs are included in computer software and hardware in the accompanying consolidated balance sheets .certain software costs not meeting the criteria for capitalization are expensed as incurred .store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing .the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes .store closing costs were not significant to the results of operations for any of the fiscal years presented .leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income .certain operating leases include rent increases during the lease term .for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability .the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased .leasehold improvements are recorded at their gross costs , including items reimbursed by landlords .related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term .note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp .share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp .the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. .
Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center?
Steps: divide(51.8, 54.0)
Answer: 0.95926
Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center?
Steps: subtract(78.0, 75.3)
Answer: 2.7
Question: what is the bond authorized amount for macon georgia distribution center?
Steps: Ask for number 58.0
Answer: 58.0
Question: what about the amount drawn?
Steps: Ask for number 49.9
Answer: 49.9
Question: what is the difference?
Steps: subtract(58.0, 49.9)
Answer: 8.1
Question: what about the difference for franklin kentucky distribution center?
Steps: subtract(54.0, 51.8)
Answer: 2.2
Question: what is the lost amount from franklin kentucky distribution center and brentwood tennessee store support center?
Steps: add(#2, #2)
Answer: 10.8
Question: what about for all three centers?
| convfinqa1699 |
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